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Hyderabad : Following the Congress party’s massive defeat in the Maharashtra Assembly elections, Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR), on Saturday, November 23, predicted the grand old party’s failure. KTR said that the regional parties will be the future of Indian politics and will give competition to the electoral juggernaut of the Bharatiya Janata Party (BJP). The writing is on the wall! Today’s Maharashtra and Jharkhand election results have sent a clear message: Regional parties have always been and will continue to be the future of Indian politics Congress party fails to become a strong opposition but is hellbent on destroying... Taking to X, the former Telangana IT minister said that it has become a recurring theme of the Congress trying to destroy the regional parties and also failing to become a strong opposition to the BJP. He reiterated that “BJP is surviving only because of Congress’s inability and incompetence. Both the national parties are shamelessly piggybacking on regional parties’ hard work and commitment.” Taking a dig at the Telangana chief minister Revanth Reddy, KTR said “Your campaigns, speeches, bags and choppers couldn’t save your party from utter failure, now can you focus on your primary duty as the CM and deliver the six guarantees that you promised to Telangana public more than a year ago”. The Congress party and its allies in the Maha Vikas Aghadi (MVA) faced a heavy defeat at the hands of the BJP-led Maha Yuti alliance in the Maharashtra Assembly elections on Saturday. Revanth was one of the star campaigners for the MVA during the run-up to the Maharashtra elections. Meanwhile, the INDIA alliance is leading the assembly elections in Jharkhand, with the Congress party being a smaller ally of the incumbent Jharkhand Mukti Morcha (JMM), retaining the government in the state.What to know about Northern California's rare tsunami warning
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A federal appeals court upheld a ruling Tuesday that allows a San Jose State women’s volleyball team member to play in this week’s Mountain West Conference tournament after a legal complaint said she should be ineligible on grounds that she is transgender and thus stronger, posing a safety risk to teammates and opponents. A two-judge panel of the 10th U.S. Circuit Court of Appeals agreed with U.S. Magistrate S. Kato Crews in Denver. On Monday he rejected the request for an emergency injunction, finding the players and others who challenged the league’s policy of allowing transgender athletes to participate should have filed the complaint earlier. The tournament starts Wednesday in Las Vegas, but top-seeded Colorado State and second-seeded San Jose State have byes into Friday’s semifinal matches. Judge Crews and the 10th Circuit noted the request for the emergency injunction was filed in mid-November, less than two weeks before the tournament was scheduled to start. The complaint could have been made weeks earlier, both courts said. The first conference forfeit happened Sept. 28. All the schools that canceled games against San Jose State acknowledged at the time that they would take a league loss, Crews noted. The players and others who sued are disappointed that the appeals court found it would be “too disruptive” to enter an injunction the day before the tournament is scheduled to start, said William Bock III, an attorney for the plaintiffs. The appeals court said the plaintiffs' "claims appear to present a substantial question and may have merit,” but they have not made a clear case for emergency relief. “Plaintiffs look forward to ultimately receiving justice in this case when they prove these legal violations in court and to the day when men are no longer allowed to harm women and wreak havoc in women’s sport," Bock said in a statement. The athlete has played for San Jose State since 2022, but her participation only became an issue this season. The conference policy regarding forfeiting for refusing to play against a team with a transgender player has also been in effect since 2022, the conference said. Injunctions are meant to preserve the status quo, Judge Crews said, and her playing is the status quo. The motions for an injunction also asked that the four teams that had conference losses for refusing to play against San Jose State during the regular season have those losses removed from their records and that the tournament be re-seeded based on the updated records. Crews denied that motion and the 10th Circuit did not address it. Neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player’s name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews’ ruling referred to the athlete as an “alleged transgender” player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. San Jose State “maintains an unwavering commitment to the participation, safety and privacy of all students at San Jose State and ensuring they are able to compete in an inclusive, fair and respectful environment,” Athletics Director Jeff Konya told students Tuesday. He praised the resilience student-athletes, the athletic department and staff have shown while the court challenges played out over the past nearly two weeks. “The fact that they have come to this point of the season as a team standing together on the volleyball court is a testament to their strength and passion for their sport,” Konya said. The conference said Monday it was “satisfied” with the judge’s decision and would continue upholding policies established by its board of directors, which “directly align with NCAA and USA Volleyball.” An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. In Friday's semifinals, San Jose State is scheduled to play the winner of Wednesday’s match between Utah State and Boise State — teams that forfeited matches to San Jose State during the regular season. Boise State associate athletic director Chris Kutz declined to comment Monday on whether the Broncos would play San Jose State if they won their first-round tournament game. Utah State associate athletic director Doug Hoffman said the university is reviewing the order and the team is preparing for Wednesday’s match. Wyoming and Utah State also forfeited matches against San Jose State. Some athletic associations, Republican legislatures and school districts have sought in recent years to restrict the ability of transgender athletes, in particular transgender girls and women, to compete in line with their gender identity. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women’s sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women’s sports.
A Glimpse Into The Expert Outlook On XOMA Royalty Through 4 AnalystsWhat to know about Northern California's rare tsunami warningArticle content Alex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. The Capitals updated Ovechkin’s status Thursday after he was evaluated by team doctors upon returning from a three-game trip. The 39-year-old broke the leg in a shin-on-shin collision Monday night with Utah’s Jack McBain, and some of his closest teammates knew it was not good news even before Ovechkin was listed as week to week and placed on injured reserve. “Everyone’s bummed out,” said winger Tom Wilson, who has played with Ovechkin since 2013. “We were sitting there saying: ‘This is weird. Like, it’s unbelievable that he’s actually hurt.’ It’s one of those things where like, he’s going to miss games? I’ve been around a long time, and it’s new to me.” Ovechkin in his first 19 seasons missed 59 games — and just 35 because of injury. Durability even while throwing his body around with his physical style is a big reason he is on track to pass Gretzky’s mark of 894 goals that once looked unapproachable. “He doesn’t go out there and just coast around,” Wilson said. “He’s played 20 years every shift running over guys and skating. He’s a power forward, the best goal-scorer ever maybe, and he’s a power forward that plays the game really hard.” Ovechkin surged to the top of the league with 15 goals in his first 18 games this season. He was on pace to break the record and score No. 895 sometime in February. “You know when goal-scorers start scoring, it’s dangerous,” said defenceman John Carlson, who has been teammates with Ovechkin since 2009-10. “There was a bit of that in the downs that everyone was feeling about it too, of course. We see him coming to the rink every day, we know what’s at stake. You never want anyone to get injured, but there’s a lot to it and certainly he was playing his best hockey in years.”Study: Maryland women must save $364,337 more than men for comfortable retirement
NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction, arguing continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the extraordinary circumstances of his impending return to the White House. “Wrongly continuing proceedings in this failed lawfare case disrupts President Trump’s transition efforts,” the attorneys continued, before citing the “overwhelming national mandate granted to him by the American people on November 5, 2024.” Related Articles Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated openness to delaying sentencing until after Trump’s second term ends in 2029. Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse the conviction, which involved efforts to conceal a $130,000 payment to porn actor Stormy Daniels, whose affair allegations threatened to disrupt his 2016 campaign. He has denied any wrongdoing. Trump takes office Jan. 20. Merchan hasn’t set a timetable for a decision. A dismissal would erase Trump’s historic conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office. Merchan could also decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option.
President-elect Donald Trump’s lawyers urge judge to toss his hush money convictionSAN FRANCISCO – Northern California was under a rare and brief tsunami warning alert Thursday that tested local emergency notification systems after a 7.0 magnitude earthquake shook part of the state. The National Weather Service canceled its alert after roughly an hour and before the tsunami was expected to arrive. In that hour, some cities and counties ordered evacuations while others relied on social media and text messages to inform people of the warning. Some people headed for higher ground, while others drove to the beach to get a better view. Recommended Videos People took to social media to figure out why a warning was issued and then canceled so quickly, and how the NWS determines when to send alerts. Here are answers to more questions. What exactly is a tsunami? The word for tsunami comes from the Japanese characters for harbor and wave. It's a series of extremely long waves set in motion when energy from an earthquake causes the ocean floor to suddenly rise or fall, according to the National Weather Service . How common are they in California? Since 1800, California's shores have been struck by more than 150 tsunamis, most of them minor, according to the California Geological Survey. Phones buzzed Thursday when the National Weather Service issued its warning just minutes after the quake struck west of Ferndale, a small city in coastal Humboldt County. It read in part: “You are in danger. Get away from coastal waters. Move to high ground or inland now.” Why was there an alert if there wasn't a large tsunami? The National Weather Service Bay Area posted on the social platform X early Friday that the region doesn't get tsunami alerts often and “there are lot of questions, frustration, and even some anger” about Thursday's event. A warning alert is the most serious of four tsunami alerts, including a watch alert for a possible tsunami and an advisory alert telling people to stay out of the water and away from the shore. The last time California received a warning alert was 2011 when an earthquake in Japan caused about $100 million in damages along the California coast. Basically, a distant, offshore earthquake or other trigger event gives scientists more time to analyze data and confirm that a large tsunami was generated before sounding a warning. But Thursday’s earthquake was local and close to the coast, forcing a hasty high-level alert in order to give people the maximum time to prepare as tsunami waves can travel very fast, up to 500 mph (800 kph) in the deep ocean, the NWS wrote. “By the time we actually observe it, it may be too late, because it's right there in our back doors,” said Dalton Behringer, a meteorologist with NWS Bay Area, on Friday. Scientists used the time Thursday to monitor buoys and get more information on the earthquake itself, he said. They canceled the alert after seeing little sea-level change and determining the quake was a strike-slip type of temblor that shifts more horizontally and is less prone to cause tsunamis, he said. “These things happen so infrequently for us, I think it just caught a lot of people off-guard,” he said. How did Northern California respond? Authorities in Eureka, the biggest city in Humboldt County, sent texts and went door-to-door to order businesses in high-risk areas to evacuate, said City Manager Miles Slattery. He said only a small portion of the city was at risk, and Thursday's test run showed evacuees need to work on leaving by foot, rather than by car. In the San Francisco Bay Area, the commuter light-rail system known as BART stopped traffic in all directions through the underwater tunnel between San Francisco and Oakland, and the San Francisco Zoo’s visitors were evacuated. Responses varied as fire and police in Berkeley evacuated certain areas of the city while in San Francisco, officials sent alerts and messages on social media telling residents to stay away from water, beaches, harbors, marina docks, and piers. “Move at least one block inland,” said the San Francisco Department of Emergency Management. Emergency personnel in vehicles with public address systems also went to make sure no one was on beaches and other low-lying areas. But some critics said San Francisco should have sounded its loud emergency sirens, which have been off-line since 2019 for repairs. In San Mateo County, just south of San Francisco, officials considered but decided against sounding its tsunami warning sirens after receiving more comprehensive information from the NWS that any tsunami would affect coastlines north of the Golden Gate Bridge, said Michelle Durand, a spokesperson for the county. Fire and police cleared the beaches while emergency personnel gathered to monitor the situation, she said, which “prioritized both public safety and the prevention of unnecessary panic.”
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Elon Musk could become US ‘puppet master’, warns Nick CleggPHILADELPHIA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that a shareholder lawsuit has been filed against Zuora, Inc. (NYSE: ZUO) (“Zuora”) in connection with the sale of the company to Silver Lake at $10.00 per share. Click here to submit your information: https://kaskelalaw.com/case/zuora/ Under the terms of the buyout offer, Zuora stockholders are only expected to receive $10.00 per share in cash in exchange for their ZUO shares. Notably, at the time the proposed buyout at $10.00 per share was announced, numerous stock analysts were maintaining price targets for ZUO shares in excess of $12.00 per share . Following the closing of the proposed transaction, Zuora’s stockholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded. Zuora shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 to receive additional information about this matter and their legal rights and options with respect to the proposed buyout. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/zuora/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com . CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq. ( skaskela@kaskelalaw.com ) Adrienne Bell, Esq. ( abell@kaskelalaw.com ) 18 Campus Blvd., Suite 100 Newtown Square, PA 19073 (888) 715 – 1740 (484) 229 – 0750 www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.
President Joe Biden is weighing whether to issue sweeping pardons for officials and allies who the White House fears could be unjustly targeted by President-elect Donald Trump’s administration, a preemptive move that would be a novel and risky use of the president’s extraordinary constitutional power. The deliberations so far are largely at the level of White House lawyers. But Biden himself has discussed the topic with some senior aides, according to two people familiar with the matter who spoke on condition of anonymity Thursday to discuss the sensitive subject. No decisions have been made, the people said, and it is possible Biden opts to do nothing at all. Pardons are historically afforded to those accused of specific crimes – and usually those who have already been convicted of an offense — but Biden’s team is considering issuing them for those who have not even been investigated, let alone charged. They fear that Trump and his allies, who have boasted of enemies lists and exacting “retribution,” could launch investigations that would be reputationally and financially costly for their targets even if they don’t result in prosecutions. While the president’s pardon power is absolute, Biden’s use in this fashion would mark a significant expansion of how they are deployed, and some Biden aides fear it could lay the groundwork for an even more drastic usage by Trump. They also worry that issuing pardons would feed into claims by Trump and his allies that the individuals committed acts that necessitated immunity. Recipients could include infectious-disease specialist Dr. Anthony Fauci, who was instrumental in combating the coronavirus pandemic and who has become a pariah to conservatives angry about mask mandates and vaccines. Others include witnesses in Trump’s criminal or civil trials and Biden administration officials who have drawn the ire of the incoming president and his allies. Some fearful former officials have reached out to the Biden White House preemptively seeking some sort of protection from the future Trump administration, one of the people said. It follows Biden’s decision to pardon his son Hunter — not just for his convictions on federal gun and tax violations, but for any potential federal offense committed over an 11-year period, as the president feared that Trump allies would seek to prosecute his son for other offenses. That could serve as a model for other pardons Biden might issue to those who could find themselves in legal jeopardy under Trump. Biden is not the first to consider such pardons — Trump aides considered them for him and his supporters involved in his failed efforts to overturn the 2020 presidential election that culminated in a violent riot at the Capitol on Jan. 6, 2021. But he could be the first to issue them since Trump’s pardons never materialized before he left office nearly four years ago. Gerald Ford granted a “full, free, and absolute pardon” in 1974 to his predecessor, Richard Nixon, over the Watergate scandal. He believed a potential trial would “cause prolonged and divisive debate over the propriety of exposing to further punishment and degradation a man who has already paid the unprecedented penalty of relinquishing the highest elective office of the United States,” as written in the pardon proclamation. Politico was first to report that Biden was studying the use of preemptive pardons. On the campaign trail, Trump made no secret of his desire to seek revenge on those who prosecuted him or crossed him. Trump has talked about “enemies from within” and circulated social media posts that call for the jailing of Biden, Vice President Kamala Harris, former Vice President Mike Pence and Sens. Mitch McConnell and Chuck Schumer. He also zeroed in on former Rep. Liz Cheney, a conservative Republican who campaigned for Harris and helped investigate Jan. 6, and he promoted a social media post that suggested he wanted military tribunals for supposed treason. Kash Patel, whom Trump has announced as his nominee to be director of the FBI, has listed dozens of former government officials he wanted to “come after.” Richard Painter, a Trump critic who served as the top White House ethics lawyer under President George W. Bush, said he was reluctantly in support of having Biden issue sweeping pardons to people who could be targeted by Trump’s administration. He said he hoped that would “clean the slate” for the incoming president and encourage him to focus on governing, not on punishing his political allies. “It’s not an ideal situation at all,” Painter said. “We have a whole lot of bad options confronting us at this point.” While the Supreme Court this year ruled that the president enjoys broad immunity from prosecution for what could be considered official acts, his aides and allies enjoy no such shield. Some fear that Trump could use the promise of a blanket pardon to encourage his allies to take actions they might otherwise resist for fear of running afoul of the law. “There could be blatant illegal conduct over the next four years, and he can go out and pardon his people before he leaves office,” Painter said. “But if he’s going to do that, he’s going to do that anyway regardless of what Biden does.” More conventional pardons from Biden, such as those for sentencing disparities for people convicted of federal crimes, are expected before the end of the year, the White House said.None
Published 4:42 pm Friday, November 22, 2024 By Rocky Hulne OFFENSE Camden Hungerholt, quarterback, LeRoy- Ostrander/Lyle-Pacelli The senior is a Top 10 Mr. Football Finalist, member of the Minnesota Vikings All-State Team and a North/South All Star game selection. Hungerholt was a menace on the ground as he ran for 2,846 yards (12.9 per carry) and he threw for 2,421 yards and 34 TDs. Hungerholt finishes his career with 11,984 all purpose yards and 147 total touchdowns. His 5,267 all purpose yards are the most ever in a season in Minnesota, according to the Minnesota Football Coach’s Association. LeRoy-Ostrander/Lyle-Pacelli’s Camden Hungerholt braces to be hit on a carry against Kingsland in the Section 1A Nine Man championship. Brady Kittelson, running back, Blooming Prairie The explosive playmaker was BP’s quarterback but his athleticism was on display with the Awesome Blossoms as he ran for 930 yards (13.7 per carry) and 13 TDs. As a quarterback, Kittelson connected on 60 percent of his passes for 1,814 yards, 23 TDs and five interceptions. Henry Wiste, running back, Southland The sophomore quarterback found his footing this season as he ran for 372 yards (3.3 per carry), while throwing for 1,463 yards and 17 scores. Dylan Christianson, offensive line, LeRoy-Ostrander/ Lyle-Pacelli The senior led a ground attack that ran for over 4,000 yards on the season. Owen Krueger, offensive line, Blooming Prairie The senior allowed just one sack as he anchored BP’s line all season. Vincent Hernandez, offensive line, Blooming Prairie The senior battled up front in the run game and passing game for the high powered Blossom offense. Hunter Tapia, offensive line, Austin The senior was a consistent force in the middle. Sam Winkels, offensive line, Austin The senior was the most physical player for the Packers up front. Lukas Loverink, wide receiver, Blooming Prairie The senior was a big target over the middle for the Awesome Blossoms as he hauled in 41 passes for 813 yards and nine scores. Loverink also chipped in in the running game as he had 88 rushing yards (4.9 per carry) and six TDs. Carter Sweeney, wide receiver, LeRoy-Ostrander/Lyle-Pacelli The senior was Hungerholt’s top target as he caught 50 passes for 861 yards and 13 TDs. Kaleb Yunker, wide receiver, Southland The senior was a big playmaker for the Rebels. He caught 32 passes for 574 yards and seven TDs. DEFENSE Dylan Christianson, defensive line, LeRoy-Ostrander/ Lyle-Pacelli The senior had a huge season in his first year as a Cardinal as he finished with 100 tackles, 17 tackles for a loss, 13.5 sacks and two fumble recoveries. Lukas Loverink, defensive line, Blooming Prairie The senior had 71.5 tackles, 16 tackles for a loss, 7.5 sacks, two fumbles forced, and one fumble recovered. Rob Lillis, defensive end, Austin The junior had 42 tackles, four tackles for loss and a sack. Sam Winkels, linebacker, Austin The senior finished with 108 tackles, eight tackles for a loss, one sack and one interception. Alex Lea, linebacker, Blooming Prairie The four-year starter finished with 94 tackles, 15 tackles for a loss, 3.5 sacks, one interception, one fumble forced, one fumble recovered and one TD. Tyson Stevens, linebacker, LeRoy-Ostrander/Lyle-Pacelli The senior had 112 tackles, seven tackles for a loss, three interceptions, .5 sacks and two forced fumbles. Ryder Stern, linebacker, Leroy-Ostrander/Lyle-Pacelli The senior led an aggressive defensive front for the Cardinals as he finished with 139 tackles, 18 tackles for a loss, 12 sacks, one interception, eight forced fumbles and two fumble recoveries. Carter Sweeney, defensive back, LeRoy/Ostrander/ Lyle-Pacelli The senior had 59 tackles, five tackles for a loss, three interceptions and three defensive TDs. Camden Hungerholt, defensive back, LeRoy-Ostrander /Lyle-Pacelli The senior was the leader in the secondary for the Cardinals as he collected 94 tackles, 1.5 sacks, four interceptions, one fumble forced and one fumble recovery. Brady Kittelson, defensive back, Blooming Prairie The senior picked off five passes, including three for scores. He also had 37 tackles and one fumble recovery. Royce Jax, defensive back, Southland The junior had 121 tackles and one forced fumble. HONORABLE MENTION Isaac Anderson, defensive back, Austin The senior had 42 tackles and one tackle for a loss. Ryder Stern, tight end, LeRoy-Ostrander/Lyle-Pacelli The senior helped make the calls on the offensive line and he was also effective when he get the chance as he caught nine passes for 285 yards for six TDs. Tyson Stevens, running back, LeRoy-Ostrander/Lyle-Pacelli The senior ran for 504 yards and eight TDs, while catching 14 passes for 279 yards and three scores. Alex Lea, tight end, Blooming Prairie The senior caught 17 passes for 221 yards and five TDs. Bradley Boyd, wide receiver/defensive back, Blooming Prairie The senior caught 21 passes for 368 yards and four TDs, while contributing 22 tackles, one tackle for a loss and six passes defensed on defense. Cooper Cooke, offensive line/defensive line, Blooming Prairie The senior had 20 tackles, one sack and four tackles for a loss on defense. Beau Sathre, linebacker/ running back, Southland The sophomore had 72 tackles, three sacks, two interceptions and one fumble recovery. On offense, he ran for 231 yards and three scores and he caught 24 passes for 364 yards and three TDs. Kaleb Yunker, defensive back, Southland The senior had 50 tackles, two interceptions, two fumbles forced and one fumble recovery. Lawson Jax, offensive/ defensive line, Southland The senior was a solid blocker up front and he had 47 tackles, four sacks and two fumble recoveries on defense. Cam Forthun, offensive/ defensive line, Southland The sophomore had 30 tackles and four sacks. Halen Schumann, defensive end, Grand Meadow The senior was in on 70 tackles, one sack and one fumble recovery. Nate Fretty, linebacker, Grand Meadow The senior had 67 tackles on the season.What to know about Northern California's rare tsunami warningHong Kong, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Creative Global Technology Holdings Limited (the "Company” or "CGTL”), a Hong Kong-based company sourcing and reselling recycled consumer electronic devices, today announced the pricing of its initial public offering (the "Offering”) of 1,250,000 ordinary shares (the "Ordinary Shares”) at a public offering price of $4.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on November 26, 2024, under the ticker symbol "CGTL”. The Company has granted the underwriters an option, within 45 days from the closing date of the Offering, to purchase up to an additional 187,500 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotment option, if any. The Offering is expected to close on November 27, 2024, subject to the satisfaction of customary closing conditions. The Offering is being conducted on a firm commitment basis. Benjamin Securities, Inc. is acting as the representative of the underwriters, with Prime Number Capital LLC acting as the co-manager (collectively, the "Underwriters”) for the Offering. Jun He Law Offices LLC is acting as U.S. counsel to the Company, and Winston & Strawn LLP is acting as U.S. counsel to the underwriter, in connection with the Offering. The Company intends to use the proceeds from this Offering for general corporate purposes and to expand the wholesale business and develop a wholesale auction market, expand its retail business, expand into strategic overseas markets, and build a repair and refurbishment factory. A registration statement on Form F-1 (File No. 333-273329) relating to the Offering, as amended, has been filed with the U.S. Securities and Exchange Commission (the "SEC”) and was declared effective by the SEC on November 18, 2024. The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering may be obtained, from Benjamin, Securities, Inc.: 3 West Garden Street Suite 407 Pensacola, FL 32502, or via email at [email protected] or telephone at (516) 931-1090. In addition, a copy of the final prospectus can also be obtained via the SEC's website at www.sec.gov . Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Creative Global Technology Holdings Limited Creative Global Technology Holdings Limited is dedicated to extending the life of consumer electronics through effective recycling, supporting a sustainable circular economy and reducing electronic waste. The Company connects supply and demand for pre-owned devices, maximizing their utility. Specializing in sourcing and reselling recycled smartphones, tablets, and laptops, CGTL facilitates the flow of retired devices from affluent markets like the U.S. and Japan to developing regions in need of affordable technology. With a lean inventory and efficient logistics, CGTL ensures quick inspection and availability for clients. CGTL has also expanded into retail sales and device rentals, providing Hong Kong residents access to quality recycled electronics and meeting short-term needs. For more information, please visit: http://www.cgt-recycle.com ; https://ir.cgt-recycle.com/ . Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend,” "should,” "believe,” "expect,” "anticipate,” "project,” "estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Underwriters Benjamin Securities, Inc. (516) 931-1090 [email protected] Prime Number Capital, LLC (516)717-5671 [email protected] Investor Relations WFS Investor Relations Inc. Janice Wang, Managing Partner Email: [email protected] Phone: +86 13811768599 +1 628 283 9214
They argue continuing the case would present unconstitutional 'disruptions to the institution of the Presidency.'
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NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate” granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’” Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater “that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump’s attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office.Singh won’t support Conservative non-confidence motion that uses his own words
TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (“ ERES ” or “ the REIT ”) (TSX:ERE.UN) announced today an update on the expected closing of its previously disclosed strategic dispositions, and timing of its anticipated special distribution and distribution reduction, as announced in its press release dated September 16, 2024. Strategic Dispositions As disclosed on September 16, 2024, ERES Limited Partnership (“ ERES LP ”) and certain other subsidiaries of ERES have entered into an agreement with an entity owned by a consortium of parties that includes TPG Angelo Gordon, Dream Unlimited Corporation, Stadium Capital Partners, and several co-investment partners (the “ Purchaser ”), to sell certain entities owning 2,947 residential suites in the Netherlands for proceeds, net of certain estimated adjustments, of approximately €695 million (the “Disposition I” ). Approval for Disposition I has been received from the Dutch competition authority (ACM), and the Purchaser has notified ERES of an expected closing date of December 16, 2024. Also as previously announced, certain other subsidiaries of ERES have entered into a separate agreement to sell 232 residential suites in the Netherlands for gross proceeds of approximately €44 million (the “Disposition II” , and together with Disposition I, the “Dispositions” ), which ERES expects will close on December 2, 2024. There can be no assurance that all requirements for closing of the Dispositions will be obtained, satisfied or waived, nor that the Dispositions will close on the dates disclosed herein. Special Distribution Subject to the completion of the Dispositions in accordance with the terms and timing described above, ERES intends to declare a special cash distribution of an estimated €0.75 per Unit and ERES LP’s exchangeable Class B LP Unit (equivalent to an estimated C$1.10 based on the foreign exchange rate of 1.47 on November 21, 2024), payable to holders of the REIT’s Units and ERES LP’s Class B LP Units of record at the close of business on December 23, 2024, with payment on December 31, 2024 (the “Special Distribution” ). For Canadian income tax purposes, the Special Distribution is estimated to be comprised of a return of capital in the range of approximately 55-65%. The Special Distribution will not qualify for the REIT’s Distribution Reinvestment Plan. It is expected that the Toronto Stock Exchange will implement its “due bill” trading procedures with respect to the Special Distribution. Further details relating to the Special Distribution, if declared, will be provided at a later date. The Special Distribution has not yet been declared and there can be no assurance as to the timing, quantum or composition for Canadian income tax purposes of any such distribution. Distribution Reduction Furthermore, as previously announced, given the expected completion of the sale of approximately half of the REIT’s residential suites in 2024 and payment of the Special Distribution, the Board of Trustees intends to reduce its monthly distribution by approximately 50% (the “ Distribution Reduction ”) to better align distributions with ERES’s remaining portfolio. Subject to the completion of the Dispositions in accordance with the timing described above, and subsequent to the payment of the Special Distribution, ERES expects the Distribution Reduction to become effective for its January 2025 distribution, payable in February 2025. Further details relating to the Distribution Reduction, if implemented, will be provided at a later date. There can be no assurance as to the timing or magnitude of any future distributions by the REIT. Property Management Update In addition, with the significant decrease in portfolio size upon anticipated closing of the Dispositions and the associated diseconomies of scale, ERES announced that it has entered into an approximately fee-neutral agreement to transfer property management services for the REIT’s remaining portfolio in the Netherlands to a third party, expected to enter into effect on or about January 15, 2025. Canadian Apartment Properties Real Estate Investment Trust will continue to act as the REIT’s asset manager. Proposed Netherlands Tax Amendment Finally, ERES provided an update on the Dutch government’s legislative proposal to amend the earnings stripping rule (by abolishing the €1 million threshold for real estate entities), as published on September 17, 2024. Further to previous disclosure, on November 14, 2024, the Dutch House of Representatives passed an amendment to the legislative proposal pursuant to which the taxable EBITDA threshold would be increased to 24.5% and the €1 million threshold for real estate entities would, however, be retained. Such amendment would maintain the current ability of the REIT’s subsidiaries to deduct net financing expenses for Dutch corporate income tax purposes. The revised legislative proposal is subject to approval by the Dutch Senate, expected by mid-December, and is projected to become effective as of January 1, 2025. There is no assurance that the potential amendment will ultimately be enacted by the Dutch government or enter into force as per the timeline indicated. As such, it is subject to change, and such change (and the impact of such change on the REIT) may be significant. Should the potential amendment be implemented as described above, and after adjusting for the estimated effect of previously disclosed dispositions, the REIT’s forecasted current income tax expense for the year ending December 31, 2025 for the remaining portfolio is approximately €4 million. This assumes ongoing rental operations, however, ERES will continue to explore all available opportunities to drive value, including the possibility for future strategic property sales, which would alter the estimated current income tax expense for the REIT’s residual portfolio. ABOUT ERES ERES is an unincorporated, open-ended real estate investment trust. ERES’s Units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands. As at September 30, 2024, ERES owned approximately 6,300 residential suites, including approximately 3,200 suites classified as assets held for sale, and ancillary retail space located in the Netherlands, and owned one commercial property in Germany and one commercial property in Belgium, with a total fair value of approximately €1.6 billion, including approximately €0.7 billion of assets held for sale. For more information about ERES, its business and its investment highlights, please visit our website at www.eresreit.com and our public disclosure which can be found under our profile on SEDAR+ at www.sedarplus.ca . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this press release constitute forward-looking information, future-oriented financial information, or financial outlooks (collectively, “forward-looking information”) within the meaning of applicable Canadian securities laws, which reflect ERES’s current expectations and projections about future results. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intent”, “estimate”, “anticipate”, “believe”, “consider”, “should”, “plans”, “predict”, “estimate”, “forward”, “potential”, “could”, “likely”, “approximately”, “scheduled”, “forecast”, “variation” or “continue”, or similar expressions suggesting future outcomes or events. The forward-looking information in this press release relates only to events or information as of the date on which the statements are made in this press release. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking information contained in this press release. Any number of factors could cause actual results to differ materially from this forward-looking information. Although ERES believes that the expectations reflected in forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Such forward-looking information is based on a number of assumptions that may prove to be incorrect, including regarding the expected completion and timing of the Dispositions, the satisfaction of closing conditions with respect to the Dispositions, the amount, timing and composition of the Special Distribution, the amount and timing of the Distribution Reduction, the expected externalization of property management services, the expected enactment of the proposed tax amendment, and the timing and details of the potential legislation (including that the amendment to the earnings stripping rule will include only the increase of the maximum interest expense deductibility to 24.5% of the taxpayer’s taxable EBITDA, effective January 1, 2025) . Accordingly, readers should not place undue reliance on forward-looking information. Forward looking information in this press release is subject to certain risks and uncertainties that could result in actual results differing materially from this forward-looking information, including with respect to the expected closing of the Dispositions, the payment of the Special Distribution, and the implementation of the Distribution Reduction. Risks and uncertainties pertaining to ERES are more fully described in regulatory filings that can be obtained on SEDAR+ at www.sedarplus.ca. Except as specifically required by applicable Canadian securities law, ERES does not undertake any obligation to update or revise publicly any forward-looking information, whether as a result of new information, future events or otherwise, after the date on which the information is provided or to reflect the occurrence of unanticipated events. This forward-looking information should not be relied upon as representing ERES’s views as of any date subsequent to the date of this press release. For more information, please contact:Judge hears closing arguments on whether Google's advertising tech constitutes a monopoly ALEXANDRIA, Va. (AP) — The Justice Department and Google have made their closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopoly. The arguments in federal court Monday in northern Virginia came as Google already faces a possible breakup of the company over its ubiquitous search engine. The Justice Department says it will seek the breakup of Google to remedy its search engine monopoly. The case in Virginia focuses not on the search engine but on technology that matches online advertisers to consumers on the internet. A judge is expected to rule by the end of the year. ‘Busiest Thanksgiving ever’: How the TSA plans to handle record air travel DALLAS (AP) — The Thanksgiving travel rush is expected to be bigger than ever this year. AAA predicts that nearly 80 million people in the U.S. will venture at least 50 miles from home between Tuesday and next Monday — most of them by car. Thanksgiving Day falling so late this year has altered traditional travel patterns. At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Meanwhile, the head of the Federal Aviation Administration says a shortage of air traffic controllers could cause flight delays. Transportation analytics company INRIX says roads could be congested on Monday with both commuters and returning holiday travelers. Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue. The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion. It anticipates reporting its full third-quarter financial results by Dec. 11. Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit SACRAMENTO, Calif. (AP) — California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov. Gavin Newsom says Monday he'll propose creating a new version of the state’s successful Clean Vehicle Rebate Program, which was phased out in 2023 after funding nearly 600,000 new cars and trucks. Officials didn’t say how much the program would cost or how the rebates would work. Newsom’s proposal is part of his plan to protect California’s progressive policies ahead of Republican President-elect Donald Trump’s second term. But a budget shortfall could complicate California’s resistance efforts. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Stock market today: Dow hits another record as stocks rise NEW YORK (AP) — U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% Monday to pull closer to its record set two weeks ago. The Dow Jones Industrial Average added 440 points to its own record set on Friday, while the Nasdaq composite rose 0.3%. They got a boost from easing Treasury yields after President-elect Donald Trump said he wants hedge-fund manager Scott Bessent to be his Treasury Secretary. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks finished just shy of its record. Workers at Charlotte airport, an American Airlines hub, go on strike during Thanksgiving travel week CHARLOTTE, N.C. (AP) — American Airlines says it doesn’t expect significant disruptions to flights this week as a result of a labor strike at its hub in Charlotte, North Carolina. Service workers there walked out Monday during a busy week of Thanksgiving travel to protest what they say are unlivable wages. Employees of ABM and Prospect Airport Services authorized the work stoppage. Union spokesperson Sean Keady says the strike is expected to last 24 hours. The companies contract with American Airlines to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. The companies have acknowledged the seriousness of a strike during the holiday travel season. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Eggs are available -- but pricier -- as the holiday baking season begins Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season. The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was up 63% from October 2023, when a dozen eggs cost an average of $2.07. Avian influenza is the main culprit. The current bird flu outbreak that began in February 2022 has led to the slaughter of more than 111 million birds, mostly egg-laying chickens. But the American Egg Board says egg shortages at grocery stores have been isolated and temporary so far. Detroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan DETROIT (AP) — Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced on Monday. GM will move its headquarters out of the complex next year. The towers are a symbol of Detroit, with aerial views often shown on television sports broadcasts. GM announced that it would join forces with the Bedrock real estate development firm and Wayne County to turn the partially vacant property into a roughly 27-acre entertainment complex across the Detroit River from Windsor, Ontario. Bedrock would invest at least $1 billion, with roughly $250 million more coming from GM and another $250 million in public money, possibly from the state of Michigan.
NoneA new report says Canada needs to rethink its approach to health care to help manage rising costs as people age. CSA Group, an organization that helps policymakers develop standards around health and safety, says health care currently costs about $12,000 per year for each person 65 years and older, compared to $2,700 for each person younger than 65. Today’s report says seniors make up about 18 per cent of Canada’s population but account for about 45 per cent of health-care spending by provincial and territorial governments. The group projects costs will continue to increase significantly, with seniors making up 22 per cent of the Canadian population by 2040. Jordann Thirgood, manager of CSA Group’s public policy centre, says that will coincide with more retirees and therefore less income tax revenue to pay for health costs. Thirgood says governments need to put more resources into illness prevention, including addressing factors such as housing, mental health and loneliness, which affect people’s overall health as they age. “The Canadian health-care system is often described as a ‘sickness treatment’ or ‘illness treatment’ system, (where) our public health-care system is primarily focused on doctors and hospitals,” she said in an interview Tuesday. That means “less focus on preventive care, wellness, and increasingly urgent needs in uninsured areas such as mental health,” says the report, which is called Aging Canada 2040: Policy Implications of Demographic Change. Thirgood said focusing on social determinants of health and addressing people’s health needs over the course of their lives to help them age well is critical to reducing illness and the associated health-care costs. She said that can have a big impact on improving people’s overall health as they age. ”There’s strong evidence that correlates social isolation and loneliness with serious health risk,” Thirgood said. “Research shows that (it) is similar to or even exceeding risks such as smoking, obesity and physical inactivity.” Homelessness is another factor that puts people at higher risk of chronic illness, she said — and many seniors are affected. ”We are increasingly seeing older adults that are unhoused as a result of increasing cost (and) financial insecurity,” Thirgood said. “Given ... the context of the housing crisis, I think we can imagine that that’s going to remain an urgent issue for the years to come.”