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NFL coaches could be in for a Black Monday bloodbath with ‘7 to 10’ openings: insiderTrue crime documentaries once again dominated streaming services in 2024 — in fact, there were so many compelling series, even die-hard fans could feel overwhelmed by all the new debuts. If you’re getting some down time over the holidays, here are five exceptional offerings from the last year that are worth catching up on. All are on Netflix, which should make them easy to find whether you’re home or traveling. The stories they tell are heart-wrenching and harrowing, so “sit back and relax” may not be quite the right turn of phrase — but you will find yourself fully engrossed in each twist and turn. When Cathy Terkanian received a letter from an adoption agency in 2010, she expected good news — that the baby girl she’d placed for adoption as a 16-year-old in 1974 was finally trying to contact her. Instead, she learned that the girl, whom she’d named Alexis, had gone missing 21 years earlier, when she was a teen herself. Even worse: Police were requesting Terkanian’s DNA in the hopes of identifying a body found near a cornfield. However, the agency refused to share any more information about her daughter and the family who adopted her, because it had been a closed adoption. “Into the Fire” unfolds like a murder mystery, as Terkanian becomes an amateur detective enlisting the help of online sleuths and social media in her relentless pursuit to discover what really happened to Alexis. The body investigators found was not Alexis’, but it didn’t take long for Terkanian to find her daughter’s identity: She and her husband entered Alexis’ birthdate into a missing persons database and learned that her new name was Aundria Michelle Bowman. She was 14 when her parents, Brenda and Dennis Bowman, told authorities she had run away from home in Hamilton, Michigan. Terkanian launched a Facebook page called “Find Aundria M. Bowman” in the hopes of finding more clues. The details she uncovered ― including studying years of Google Earth snapshots — convinced her that Dennis Bowman had killed her and buried her body in the backyard. Terkanian’s relentless amateur detective work converged with law enforcement investigations into Dennis Bowman, which uncovered sinister details from his past — and more than one victim. By following her “mother’s instinct” and using gumshoe detective work (and some unsanctioned guerilla tactics), Terkanian found the answers she needed, but never wanted, to know about her daughter’s fate. Finally, a documentary that shines the spotlight on Laci Peterson rather than her headline-hungry killer. Her husband, Scott Peterson, was convicted in 2004 of murdering Laci and their unborn child over Christmas 2002 in Modesto, California, while he was secretly dating another woman. Despite overwhelming circumstantial evidence that he plotted to kill his pregnant wife, including the fact that he said he went fishing in the same area where her remains later washed up, Scott Peterson has been the subject of numerous documentaries and podcasts trying to prove his innocence. “American Murder” flips the script and focuses on Laci when she was alive, with numerous home movies showing her gregarious and sometimes goofy personality, and her constant smile. The documentary — from the iconic true crime filmmaker Skye Borgman (“Girl in the Picture,” “Abducted in Plain Sight”) — also includes heart-wrenching interviews with her family and closest friends, reminiscing about the happy times they shared together and the absence they still feel decades later with her loss. “American Murder: Laci Peterson” dropped at almost the same time as Peacock’s “Face to Face With Scott Peterson,” an eye-rolling three-parter featuring “exclusive interviews” with the convicted killer in prison. That docuseries caters to sympathizers who acknowledge that while Scott Peterson was a first-class asshole, he was no killer. Yet much of the “new evidence” presented in “Face to Face” and recent court filings has already been debunked, discounted and rejected by the courts. While Scott Peterson continues to hog the limelight, “American Murder: Laci Peterson” is an essential reminder of who the real victims were and are in this case. If you’re tempted to give up on this three-part docuseries after watching the beginning, I’m telling you it would be the biggest mistake of your life. Stick with it, because everything you think you know (especially if you’re a savvy sleuth who tends to think the husband/boyfriend did it) is turned upside down. (I previously wrote about this case, but I urge you to bookmark the story to read later to avoid spoilers.) Early in the afternoon on March 23, 2015, Aaron Quinn called 911 and said that his girlfriend, Denise Huskins, had been kidnapped. Intruders wearing scuba suits had broken into his house in the middle of the night — hours after the couple had argued about his relationship with his ex — then restrained and drugged him, and demanded ransom, he told police. Huskins’ disappearance made national headlines, and authorities launched a massive search for the missing woman — whom d etectives accused Quinn of killing and hiding her body. But two days later, Huskins turned up alive. She had survived a horrific and bizarre ordeal, but her nightmare was far from over. After Huskins and other victims’ accounts were discounted by male cops, it seems fitting that the detective who finally cracks this case is a woman. If you aren’t familiar with this case — about Omaha auto mechanic Dave Kroupa’s foray into casual online dating, which ends in an ugly, terrifying love triangle — get ready to buckle your seatbelts because there are some WILD twists and turns in this taut 90-minute documentary that you won’t see coming. A nd even if you do know how the story unfolds, you’ll still be transfixed by new interviews with the surviving victim and investigators, as well as home movies and footage of the trial and police interviews. It’s about the same length as a “Dateline” episode and has a similar structure, but its budget and production value are much higher (and doesn’t include the newsmagazine’s standard B-roll filler of people walking down a sidewalk — although there are some silly reenactments). Kroupa received hundreds of thousands of texts and emails — more even than those reportedly sent to the real-life “Baby Reindeer” — before the story’s deadly ending. I’ll also spare you a trip to Does the Dog Die? and confirm that yes, several pets are killed — offscreen — but you’ll never guess by who. When the two-hour “The Menendez Brothers” documentary dropped on Netflix on the heels of Ryan Murphy’s lurid “Monsters: The Lyle and Erick Menendez Story” docudrama, I expected it to be a slapped-together production, capitalizing on the docudrama’s massive success and a social media phenomenon calling for the brothers to be released from prison. In truth, it was the opposite. The documentary is one of the finest I’ve seen about the 1989 murders of Jose and Kitty Menendez in their Beverly Hills mansion, and situates the case in the context of Lyle and Erik Menendez’s alleged abuse by their father. Former Los Angeles District Attorney George Garcón said at a news conference that this documentary — and another by Peacock 18 months prior in which Roy Roselló, a member of the boy band Menudo, said that he had been drugged and raped as a teen by then-record executive Jose Menendez — factored in his decision to call for the brothers’ resentencing and release . “The Menéndez Brothers” features extensive interviews with the brothers and their relatives, many of whom are actively campaigning for their release from prison. Archival footage of the first trial and the frenzy surrounding O.J. Simpson’s not guilty verdict also provide important context for the brothers’ eventual convictions. Other news outlets have retreated behind paywalls. At HuffPost, we believe journalism should be free for everyone. Would you help us provide essential information to our readers during this critical time? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. Garcón was recently voted out of office, and a judge has put the brakes on the case as his successor gets up to speed, rescheduling a hearing until after the new year. Regardless, the documentary stands as an important framework to understand the complex aspects of this case and how it’s impacted by the modern understanding of sexual abuse and its effects. Dive deep into true crime cases and follow the latest headlines with HuffPost’s Suspicious Circumstances newsletter. Sign up here . Related From Our Partner
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The cryptocurrency world has seen a monumental shift in recent years. Meme coins, once just a quirky addition to the market, have turned into serious players. Their potential for quick gains has caught the eyes of savvy investors and trendsetters alike. Amidst this chaos, a few standout coins have captured attention for their unique features and growth potential. Today, we’re diving into the top meme coins to buy and hold for the long term , focusing on three of the most buzz-worthy ones: BTFD Coin, Shiba Inu, and Dogecoin. Each of these tokens offers something different, yet they share the same underlying principle: the power of community-driven hype and engagement. Here’s why these coins deserve a spot on your investment radar. 1. BTFD Coin: A New Era of Meme Coin Investment BTFD Coin is making waves, not just as a meme coin but as a pioneer of innovation in the space. The project stands out with its Play 2 Earn (P2E) game and a unique staking platform that has caught the attention of investors. In its current presale stage, the coin has already raised over $700,000 within its first week, showing that the hype surrounding BTFD Coin is real. The BTFD Coin ecosystem is built to deliver long-term value. The upcoming presale stages are expected to offer even more growth potential, especially with the P2E game that integrates blockchain technology. Players earn rewards while engaging in fun, strategic gameplay, making it a perfect mix of entertainment and investment. And for those looking to make passive income, the staking options with high APY are a game-changer. This is where community members can lock in their coins and earn rewards, boosting the coin’s utility and appeal. Why did this coin make it to this list? Because it’s more than just a meme—it’s a movement. The launch has been fast and furious, with Stage 5 seeing the price at $0.00005 per coin. Now, with Stage 6 underway and the price at $0.000058, early investors are already eyeing potential profits. For instance, if someone invested $4,000 in Stage 5, they’d own 80 million BTFD coins. If the coin hits $0.0006 at the end of the presale, that investment would grow to a staggering $48,000. And with over 18 billion BTFD coins sold and more than 1,700 holders already on board, the future looks promising. 2. Shiba Inu: The “Dogecoin Killer” If there’s one meme coin that’s made its mark and stayed relevant, it’s Shiba Inu. Dubbed the “Dogecoin Killer,” Shiba Inu has earned its place in the meme coin hall of fame. Created as an Ethereum-based token, Shiba Inu quickly garnered a massive following and became the poster child for the meme coin movement. What sets Shiba Inu apart? It’s its strong, dedicated community and the strategic development of its ecosystem. ShibaSwap, the coin’s decentralised exchange, allows users to trade tokens, provide liquidity, and stake their coins to earn rewards. The Shiba ecosystem is also expanding with the introduction of Shibarium, a layer-2 solution aimed at reducing transaction costs and enhancing network scalability. Investors looking to hold onto Shiba Inu for the long term have benefited from the coin’s volatile but upward-moving price. The community’s ongoing efforts to integrate Shiba into real-world applications, such as partnerships and NFT projects, offer hope for future growth. This coin might not have the flashy gaming mechanics that BTFD Coin boasts, but its established track record and innovative developments make it a solid option for meme coin enthusiasts. Why did this coin make it to this list? Because it’s a symbol of how meme coins can evolve from a joke to a legitimate investment. Shiba Inu has proven that staying power and community engagement can drive a coin to new heights. As more investors look for long-term gains, Shiba Inu stands out as a proven contender. 3. Dogecoin: The OG Meme Coin It wouldn’t be right to talk about meme coins without giving a nod to the original: Dogecoin. What started as a joke in 2013 has grown into one of the most recognised and traded cryptocurrencies in the world. While its price history has been nothing short of a rollercoaster, Dogecoin remains a favourite among meme coin fans and investors alike. Dogecoin’s community is the key to its enduring success. With strong support from high-profile figures like Elon Musk and a dedicated group of enthusiasts, Dogecoin has become synonymous with the meme coin culture. But beyond the hype, Dogecoin has also made strides to increase its utility. Recent updates focus on enhancing transaction speed and efficiency, making it a more practical choice for everyday use. For those thinking about long-term holding, Dogecoin has shown that it can bounce back from market dips and create substantial gains. Although Dogecoin doesn’t have the same advanced ecosystem features as BTFD Coin or Shiba Inu, its status as the first mover in the meme coin space adds a level of trust that newer projects might not yet have. Why did this coin make it to this list? Because Dogecoin is the original meme coin that changed the game. Its combination of widespread recognition, a strong community, and ongoing development makes it a go-to for meme coin enthusiasts who are in it for the long haul. Conclusion: Why Meme Coins Are Worth Considering Meme coins have come a long way from being just a trend. They’ve evolved into digital assets that combine community spirit, innovative technology, and investment potential. BTFD Coin, Shiba Inu, and Dogecoin each offer unique opportunities. If you’re looking to dive into meme coins, holding onto the right ones for the long term could be the move. Among these, BTFD Coin stands out with its active presale, Play 2 Earn game, and strong staking options, making it an exciting choice for early investors. Shiba Inu continues to grow with its ecosystem advancements, and Dogecoin maintains its iconic status as the first meme coin that started it all. So, if you’re ready to explore the world of meme coins, now’s the time. Join the BTFD Coin presale now and secure your place in one of the most thrilling presale journeys in recent times. Don’t miss out—these meme coins could be your next big investment. Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.Rayonier Declares Special Dividend of $1.80 Per Share Payable 25% in Cash and 75% in Common Shares
Threat Actors Put $1 Trillion Shopping Season in Their Sights
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KELOWNA, BC , Dec. 23, 2024 /CNW/ - Paladin Energy Ltd PDN PALAF (" Paladin ") and Fission Uranium Corp. FCU FCUUF 2FU (" Fission ") are pleased to announce the successful completion of Paladin's acquisition of all of the issued and outstanding shares of Fission (the " Fission Shares ") by way of a court-approved plan of arrangement under the Canada Business Corporations Act (" Arrangement ") pursuant to the terms of the arrangement agreement among Fission, Paladin, and 1000927136 Ontario Inc. (the " Purchaser ") dated June 24, 2024 , as amended on July 25, 2024 and August 29, 2024 . Under the terms of the Arrangement, each former shareholder of Fission (" Fission Shareholder ") (other than Ineligible Shareholders (as defined in the Fission Circular) will be entitled to receive 0.1076 of a fully paid ordinary share of Paladin (each whole share a " Paladin Share ") for each Fission Share held immediately prior to the effective time of the Arrangement. Ineligible Shareholders will not receive Paladin Shares under the Arrangement. Instead, each Ineligible Shareholder will be entitled to receive the proceeds from the sale of the Paladin Shares attributable to such Ineligible Shareholder under the Arrangement. Neither Paladin nor the Purchaser owned or controlled, directly or indirectly, any Fission Shares prior to the completion of the Arrangement. Immediately following completion of the Arrangement, Paladin, through its wholly-owned subsidiary the Purchaser, beneficially owns 858,766,839 Fission Shares, representing 100% of the issued and outstanding Fission Shares. As a result of the Arrangement, former Fission Shareholders collectively own approximately 24% of the Paladin Shares issued and outstanding immediately following completion of the Arrangement. The Paladin Shares are listed for trading on the Australian Securities Exchange (" ASX ") and Paladin has applied to list the Paladin Shares on the Toronto Stock Exchange (" TSX "). Subject to final approval of the TSX, the Paladin Shares are expected to commence trading on the TSX under the ticker symbol "PDN" on or around 27 December 2024 . Fission has applied to de-list the Fission Shares from the TSX, with such de-listing expected to be effective at market close ( 1:00 p.m. EST ) on 24 December 2024 . Fission has also applied to delist the Fission Shares from the OTCQX and the Frankfurt Stock Exchange. As soon as practicable following completion of the Arrangement, Paladin will apply for Fission to cease to be a reporting issuer under applicable Canadian securities laws. All registered Fission Shareholders are encouraged to complete, sign and return the letter of transmittal, which has been previously mailed and is available under Fission's SEDAR+ profile at www.sedarplus.ca , with accompanying Fission share certificate and/or DRS advice-statement(s) (if applicable) to Computershare Investor Services Inc. as soon as possible, if they have not already done so. Non-registered Fission Shareholders are encouraged to contact their broker or other intermediary for instructions and assistance in receiving the consideration to which they are entitled under the Arrangement. For more information on the Arrangement, see Fission's management information circular dated 22 July 2024 (the " Fission Circular "), filed under Fission's profile on SEDAR+ at www.sedarplus.com on 30 July 2024 . A copy of the early warning report of Paladin in connection with its acquisition of all of the outstanding Fission Shares pursuant to the Arrangement will be filed under Fission's SEDAR+ profile and can be obtained by contacting Paladin as set out below. Paladin now looks forward to integrating Fission and its management team into Paladin's broader business. Whilst Fission's CEO Ross McElroy has elected to resign upon completion of the Arrangement, the remaining key members of Fission's executive team have indicated their desire to continue on in their current roles to progress the development of the Patterson Lake South project (" PLS "). Paladin intends to commence a search for both a Canadian non-executive director to join its Board of Directors, as well as a senior executive to lead its Canadian operations, ensuring a strong leadership presence in Canada interacting with governments, the investment community and other key stakeholders. As part of its integration process, Paladin intends to conduct a full review of the PLS feasibility study (including Fission's previously estimated capital costs, operating costs and development timeframe), with the aim of identifying areas for further optimisation and de-risking the development of the project . This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd. Cautionary Note Regarding Forward Looking Statements This announcement contains certain "forward looking statements" within the meaning of Australian securities laws and "forward looking information" within the meaning of Canadian securities laws (collectively referred to as "forward looking statements"). All statements, other than statements of historical fact, that address circumstances, events, activities or developments that could, or may or will occur are forward looking statements. Forward looking statements involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies including those risk factors associated with the mining industry, many of which are outside the control of, change without notice, and may be unknown to Paladin and/or Fission. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production, geological, mining and processing technical problems, the inability to obtain any additional mine licences, permits and other regulatory approvals required in connection with mining and third party processing operations, competition for amongst other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rates, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, the demand for and availability of transportation services, the ability to secure adequate financing and management's ability to anticipate and manage the foregoing factors and risks. Forward looking statements can generally be identified by the use of forward-looking words such as "anticipate", "expect", "likely", "propose", "will", "intend", "look forward to", "should", "could", "may", "believe", "forecast", "estimate", "target", "outlook", "guidance" (including negative or grammatical variations) and other similar expressions. No representation, warranty, guarantee or assurance, express or implied, is given or made in relation to any forward-looking statement. In particular, no representation, warranty or assumption, express or implied, is given in relation to any underlying assumption or that any forward-looking statement will be achieved. There can be no assurance that the forward-looking statements will prove to be accurate. Actual and future events may vary materially from the forward-looking statements and the assumptions on which the forward-looking statements were based, because events and actual circumstances frequently do not occur as forecast and future results are subject to known and unknown risks such as changes in market conditions and regulations. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements, and should rely on their own independent enquiries, investigations and advice regarding information contained in this announcement. Any reliance by a reader on the information contained in this announcement is wholly at the reader's own risk. To the maximum extent permitted by law or any relevant listing rules of the ASX and TSX, each of Paladin and Fission, and their respective related bodies corporate, affiliates, directors, officers, employees, advisors, agents and intermediaries disclaim any obligation or undertaking to disseminate any updates or revisions to the information in this announcement to reflect any change in expectations in relation to any forward looking statements or any such change in events, conditions or circumstances on which any such statements were based. Nothing in this announcement will, under any circumstances (including by reason of this announcement remaining available and not being superseded or replaced by any other announcement or publication with respect to Paladin or Fission or the subject matter of this announcement), create an implication that there has been no change in the affairs of Paladin or Fission since the date of this announcement. SOURCE Fission Uranium Corp. View original content: http://www.newswire.ca/en/releases/archive/December2024/23/c4054.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Florida State made official on Monday the hiring of Gus Malzahn as offensive coordinator, confirming weekend reports that he would resign as UCF head coach to reunite with Seminoles coach Mike Norvell. UCF had confirmed on Sunday reports of Malzahn's exit but not his destination, and FSU had not made an announcement until Monday afternoon. "I am excited to be here at Florida State and to help us win championships," Malzahn said in a statement. "It's exciting to work with Coach Norvell, who is someone I believe in as a coach and leader." Norvell, who served as a graduate assistant under Malzahn at Tulsa in 2007-08, said on Saturday night after the Seminoles' 31-11 loss to Florida that he could not identify the new offensive coordinator until the hiring process was finalized. Florida State, which is 2-10 overall and 1-7 in the Atlantic Coast Conference, is ranked No. 132 of 133 FBS programs in total offense (270.2 yards per game). The Seminoles are 130th in the nation in scoring offense (15.4 points per game). Norvell shook up his staff, including firing offensive coordinator/offensive line coach Alex Atkins on Nov. 10 after a 52-3 defeat at Notre Dame. "I'm extremely excited to have Gus Malzahn join our staff at Florida State," Norvell said in the school's statement on Monday. "He has one of the most innovative minds in college football and a proven track record of developing elite offenses everywhere he's been. "His offenses have consistently showcased a tremendous running game combined with explosive plays through the air. I'm thrilled to work side-by-side with Gus again as we elevate the Florida State offense back to one of the elite groups in college football." UCF also endured a tough 2024 season, going 4-8 after losing eight of its last nine games. During Malzahn's four-year tenure, the Knights went 28-24, including 5-13 in the Big 12 Conference the last two seasons. Malzahn, 59, is 105-62 in 13 seasons as a college head coach, highlighted by a 68-35 mark in eight seasons at Auburn -- which included a BCS title game appearance in 2013. He served as offensive coordinator and play caller when the Tigers won the national title in 2010. Malzahn will be tasked with revitalizing a Florida State offense that helped produce a 13-1 campaign in 2023, when the Seminoles were denied a spot in the College Football Playoff. Over the last three seasons at UCF, his rushing attack has been in the Top 10 in the nation. In his 19 seasons as a college head coach or offensive coordinator, Malzahn's teams have averaged 447.7 yards per game, and three of his teams eclipsed 7,000 yards in a season. --Field Level MediaDec 3 (Reuters) - After a Delaware judge last January struck down CEO Elon Musk’s $56 billion pay package, Tesla’s board of directors faced a choice. The board could have reopened the complex process of negotiating a compensation deal with Musk, this time with guardrails in place to assure the plan would be deemed fair to all of Tesla’s shareholders despite Musk’s sway over the company. That option, as the electric vehicle maker eventually told shareholders in a proxy filing , opens new tab last April, had distinct disadvantages. It would have been time-consuming and potentially very expensive: Tesla told shareholders that it believed the company would have faced an accounting charge of more than $25 billion if it had adopted a new compensation package that granted Musk the stock options he had been promised in the pay plan rescinded by Delaware Chancellor Kathaleen McCormick. A newly negotiated plan, Tesla (TSLA.O) , opens new tab said in the proxy filing, might also have adverse tax consequences for both Musk and the company. The board's other choice was simply to ask shareholders to vote again on the pay package they had previously approved in 2018, but this time with beefed up disclosures, including the full text of McCormick’s opinion concluding that directors had breached their duties when they approved the deal for Musk. A new vote, Tesla said in the April proxy filing, would “cure” the court’s criticism and would “extinguish claims for a breach of fiduciary duty.” This so-called “ratification” of the previous shareholder vote had obvious advantages for the company, as Tesla told shareholders in the proxy statement. It was quick, which meant Musk would soon have a new pay package after working for six years without compensation. It also gave shareholders a voice. And it could save Tesla from shelling out billions of dollars in fees to the plaintiffs' lawyers who had challenged Musk’s pay, the company told shareholders, because those lawyers could no longer argue that they had saved Tesla billions of dollars by blocking the transfer of valuable options to Musk. Tesla acknowledged in its proxy filing that its ratification theory was “novel” and that Delaware courts might not agree with the company’s assessment of the theory’s viability and its impact on the case. But Tesla’s board told shareholders that its one-woman special independent committee had concluded — without even bringing in a compensation consultant — that ratification was the better course. The board told shareholders in the April proxy materials that it agreed. So, apparently, did shareholders, who voted resoundingly in favor of reconfirming Musk’s 2018 pay package at Tesla’s annual meeting in June. Tesla subsequently pointed to the second vote in filings asking McCormick to revise her original opinion because shareholders had once again approved Musk’s pay deal, this time in a fully informed vote. Tesla also said shareholder lawyers were entitled to no more than $54.5 million for their efforts. Tesla, in essence, wagered that it would rather test its novel ratification theory in Delaware courts than restart the process of setting Musk’s compensation. It lost that bet on Monday, when McCormick denied , opens new tab Tesla’s request for modification of her original opinion in light of the shareholder vote in June. McCormick concluded that Tesla’s theory — that a do-over vote by shareholders can effectively undo a judge’s post-trial court ruling — has no basis in common law, Delaware procedural rules, Delaware case law or even Delaware policy. The judge also said that even if Tesla’s board was right about the ratifying effect of shareholders’ second vote approving Musk’s pay package, that re-vote was tainted by the proxy statement’s overly confident depiction of the impact of the vote. Tesla said in a post on X that it plans to appeal McCormick’s new and original rulings to the Delaware Supreme Court, as my Reuters colleagues Tom Hals and Jon Stempel reported on Monday. So there is still a chance that Tesla’s ratification theory will ultimately prevail. There's also still a chance that Delaware's justices will overturn McCormick’s original holding that the board breached its duty in negotiating the 2018 compensation plan with Musk. (I received no response to my email query to Tesla and defense counsel from Cravath, Swaine & Moore and Quinn Emanuel Urquhart & Sullivan.) Nonetheless, after reading McCormick’s decision, I wondered whether Tesla and its CEO would have been better off if Tesla’s board had opted for renegotiation rather than pushing for McCormick to endorse its novel ratification theory. Remember, Tesla's directors did not need much convincing to reject that course based on accounting and tax considerations. But four law professors told me on Tuesday that if Tesla had reopened negotiations, it would probably have been able to formulate a new Musk compensation plan that could withstand court scrutiny. The professors — Stephen Bainbridge of the University of California at Los Angeles, Eric Talley of Columbia University, Ann Lipton of Tulane University and retired professor Charles Elson of the University of Delaware — said Tesla’s board would have needed to abide by standard corporate procedures, including the creation of a genuinely independent committee to negotiate with Musk. If the board had set up those guardrails, Talley said by email, it could have justified even a retroactive package that rewarded Musk for working without pay since 2018. “Keeping Elon happy (and not vengeful) at Tesla could easily provide a rational basis for making a retrospective award,” Talley said. He and Bainbridge noted an additional wrinkle: If Tesla’s board had waited until the company’s reincorporation in Texas to reset Musk’s compensation, the company might not have had to worry about all of Delaware’s rules for transactions involving a controlling shareholder. It’s not even clear, Bainbridge said, that Texas courts would deem Musk, who does not own a majority of Tesla’s shares, to be a controlling shareholder. “It would have been much cleaner to simply wait to do this after the move to Texas,” Bainbridge said. “It would have been better to start from scratch.” Read more: Delaware judge rejects Musk's $56 billion Tesla pay - again What is next for Musk after judge rules against him in Tesla pay case? Judge voids Elon Musk's 'unfathomable' $56 billion Tesla pay package Sign up here. Reporting By Alison Frankel Our Standards: The Thomson Reuters Trust Principles. , opens new tab Thomson Reuters Alison Frankel has covered high-stakes commercial litigation as a columnist for Reuters since 2011. A Dartmouth college graduate, she has worked as a journalist in New York covering the legal industry and the law for more than three decades. Before joining Reuters, she was a writer and editor at The American Lawyer. Frankel is the author of Double Eagle: The Epic Story of the World’s Most Valuable Coin.
NEW YORK (AP) — A shoplifting ring that stole nearly $2 million in clothes and beauty products from Macy’s and other well-known stores in the U.S. and then resold them in New York City and the Dominican Republic has been busted, law enforcement officials announced Tuesday. Five New Yorkers have been charged with felony possession of stolen property, conspiracy and other related crimes, Queens District Attorney Melinda Katz said. The bust served as a reminder to shoppers as the holiday shopping season kicks off in earnest with Black Friday this week to make sure they are supporting legitimate establishments, she said. “When a deal seems too good to be true, I guarantee you, it’s too good to be true,” Katz said. Nationally, businesses lose roughly $100 billion and the average family pays $500 more a year because of the impact of organized retail theft, according to New York Gov. Kathy Hochul, who joined the district attorney and other law enforcement officials in Queens. The Democrat said the arrests also marked the first time anyone has been charged under a new criminal statute of fostering the sale of stolen goods that she recently signed into law to help crack down on retail theft. “This is real simple. We’ve had enough with criminals preying on our citizens,” Hochul said. “We are sick and tired of our citizens feeling they’re vulnerable to random crimes on the streets or these sophisticated organized crime rings. And we are coming after you.” Katz, the district attorney, said the group stole high-end makeup, perfume, beauty products, designer clothing and accessories from stores ranging from Macy’s to Victoria’s Secret, American Eagle, Sephora and Ulta Beauty over a roughly two-year period. The group’s leaders, married couple Cristopher Guzman and Yvelisse Guzman Batista, directed shoplifting crews to steal specific merchandise as they hit multiple stores in New York, New Jersey, Maryland and elsewhere along the East Coast, she said. They also paid truck drivers to divert products bound for retailers from manufacturer warehouses directly to locations under their control. The group, operating out of a home in Queens, then resold the merchandise online as well as at a brick-and-mortar boutique called Yvelisse Fashion in Santiago, a city in the Dominican Republic. Vince Scala, a lawyer for the couple and two of the other defendants, said his clients pleaded not guilty at their arraignment Saturday. They were released pending their next court date in January. “The charges are only a couple of days old, and I have not seen a single piece of evidence, discovery or police reports,” he said. “I look forward to reviewing the case at the appropriate time.” Tuesday’s announcement is part of a broader push from Hochul to counter Republican criticisms that Democrats in New York are soft on public safety issues, an issue that hurt her party in the 2022 midterm elections and has remained a consistent talking point for the GOP. Earlier this year, Hochul signed off on a handful of policies aimed at cracking down on retail theft, including increased criminal penalties for assaulting retail workers, new funding for law enforcement teams dedicated to retail theft and tax credits for businesses to install security cameras. She also approved policies that allow prosecutors to combine the value of stolen goods when filing larceny charges and made it easier to criminally charge third-party sellers of stolen goods. Retail theft has also been a concern elsewhere. Videos of brazen shoplifting crews rampaging through stores have been widely shared on social media, fueling widespread frustration that retail crime is rampant and unpunished. Earlier this month, California voters overwhelmingly passed a tough-on-crime ballot measure that makes shoplifting a felony for repeat offenders again. The measure partly rolled back a progressive law passed by voters a decade ago downgrading several nonviolent crimes to misdemeanors, including theft under $950 in value. Associated Press reporter Anthony Izaguirre in Albany contributed to this story. Follow Philip Marcelo at twitter.com/philmarcelo .
Soccer-Dortmund beat Dinamo Zagreb 3-0 to stay firmly on qualification courseGeorgia is turning to backup Gunner Stockton at quarterback in CFP quarterfinal against IrishIf you buy something from a Verge link, Vox Media may earn a commission. Whether you want to quickly locate your bag at the airport or keep a closer tab on your keys, are incredibly useful. And right now, you can buy four of the versatile location trackers for an all-time low of $69.99 ($30 off) at and . You can also pick up a single tracker at , , and for $24 ($5 off), which is one of the best prices we’ve seen lately. Apple’s AirTags are the , primarily because they’re equipped with Apple’s ultra wideband chip and can tap into Apple’s vast Find My system. That allows for incredibly precise tracking that rivals like Tile can’t offer. iPhone owners can also take advantage of some unique software perks, like an update that lets you if you’re running iOS 17 or later. What’s more, Apple will soon introduce a to iOS 18, which will let you use a secure link to temporarily share a map of your lost, say, suitcase with over 15 airlines as well as others. On the hardware front, the trackers sport an IP67 rating, so you don’t have to worry about them getting wet on a rainy winter day. What’s even more convenient is that they offer user-replaceable batteries, which means you don’t have to keep replacing your AirTags when the battery runs out after a year or so. Now, if only they offered a lanyard hole. Apple’s AirTags are unobtrusive, waterproof, and tap into the massive Find My network for out-of-range locating. . Apple’s AirTags can help you find your lost items with its UWB technology. You’ll get the best compatibility with an iPhone, though Apple released an Android app to detect an AirTag’s location if one seems to be following you. . / /
A top Fed official leans toward December rate cut but says it depends on economic data WASHINGTON (AP) — A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. Speaking at George Washington University, Christopher Waller, a key member of the Fed’s Board of Governors, said he was confident that inflation is headed lower and that the central bank will likely keep reducing its key rate, which affects many consumer and business loans. But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged this month. Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday. The National Retail Federation coined the term for the Monday after Black Friday in 2005. Even though e-commerce is now part and parcel of many people’s regular routine, Cyber Monday continues to be the biggest online shopping day of the year, thanks to steady discounts and a fair amount of hype. Several major retails actually started their Cyber Monday promotions over the weekend. Consumer spending for the online shopping days between Thanksgiving and Cyber Monday provides an indication of how much shoppers are willing to spend for the holidays. Supreme Court justices question block on flavored vapes, but don't appear convinced FDA was unfair WASHINGTON (AP) — A majority of Supreme Court justices didn’t seem convinced Monday that federal regulators misled companies as they refused to allow them to sell sweet flavored vaping products following a surge in teen e-cigarette use. The court did raise questions about an FDA crackdown that included denials on sales of more than a million nicotine products formulated to taste like fruit, desert or candy. The case comes a month before the start of the second Trump administration, which could change the FDA's approach after he vowed to “save” vaping. Can AI chatbots make your holiday shopping easier? Tired of thinking about what gifts to get everyone this year? Artificial intelligence chatbots might help, but don’t expect them to always give you the right answers. Scouring the internet for Cyber Monday deals may yield an encounter with more chattier iterations of the chatbots that some retailers built to provide customer service. Some companies have integrated models that allow shoppers to ask questions like “What’s the best wireless speaker?” Retailers hope consumers use these shopping assistants as virtual companions that help them discover or compare products. The technology is still in its infancy, though, and chatbots are prone to hallucinations, so most of the new tools sometimes get things wrong. Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down from the company’s board. The departure of Gelsinger, whose career spanned more than 40 years, underscores turmoil at Intel. The company was once a dominant force in the semiconductor industry but has ben eclipsed by rival Nvidia, which has cornered the market for chips that run artificial intelligence systems. Nvidia’s ascendance was cemented earlier this month when it replaced Intel on the Dow Jones Industrial Average. Stock market today: Rising tech stocks pull Wall Street to another record NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. Better drugs through AI? Insitro CEO on what machine learning can teach Big Pharma WASHINGTON (AP) — Artificial intelligence is changing the way industries do business. But executives in the pharmaceutical industry are still waiting to see whether AI can tackle their biggest challenge: finding faster, cheaper ways to develop new drugs. Despite billions poured into research and development, new medicines still typically take a decade or more to develop. Insitro is part of a growing field of AI companies promising to accelerate drug discovery by using machine learning to analyze huge datasets that could lead to new medicines. FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon. The FTC is investigating Microsoft’s cloud computing business and related product lines such as artificial intelligence and cybersecurity, according to a person who was not authorized to publicly discuss details of the investigation and spoke to The Associated Press on condition of anonymity. It’s the latest action of more than three years of aggressive antitrust enforcement shepherded by FTC Chair Lina Chan, who was elevated to lead the agency by President Joe Biden after he came into office pledging tougher scrutiny of monopolistic behavior by Big Tech companies. More than 3 million travelers screened at US airports in a single day. That's a record Travelers heading home after the Thanksgiving holiday are setting a record. The Transportation Security Administration says that it screened nearly 3.1 million travelers on Sunday, breaking the previous record by about 74,000. That mark was set on July 7, also a Sunday after a holiday, July Fourth. Hundreds of thousands of travelers were delayed or had their flights canceled. FlightAware says more 6,800 flights were delayed on Sunday, with the highest numbers at Hartsfield–Jackson Atlanta International Airport and Chicago’s O’Hare Airport. General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution DETROIT (AP) — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan. The company said Monday that it has a nonbinding agreement for the sale to joint venture partner LG Energy Solution of South Korea. The companies expect to close the sale by the end of March. Financial details were not released Monday, but GM said it expects to recoup its investment. The company has spent about $1 billion on the Lansing factory. GM says it will rely on joint venture factories in Warren, Ohio, and Spring Hill, Tennessee, to supply factories that make seven electric vehicles now on sale in the U.S.SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Visa Inc. - VKylian Mbappe misses penalty and Real Madrid loses ground in Champions League