Donald Trump is going to return to the White House in style, after having secured a massive win in the US Presidential elections 2024, by beating Kamala Harris. A gala inauguration ceremony at the US Capitol, Washington DC has been arranged for the President-elect's swearing-in, after which he will be taking over the reigns of Presidency from Joe Biden. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Billionaires and their companies line up to donate for Trump Meanwhile, there is a lot of ruckus among top-notch companies, especially those based in Silicon Valley, about donating in Donald Trump's inauguration ceremony. The likes of Mark Zuckerberg, Jeff Bezos, and many others have donated in millions for this gala inauguration ceremony, with many other companies waiting in line to bring in funds for this prestigious event. But, the question arises: Why this sudden pandemonium regarding donating towards Trump's ceremony? Are companies expecting relaxations from the Trump administration? Reports suggest that it could be because the companies are hoping for a business-friendly behavior from the Trump administration, and executive powers are not used to cripple any company. Trump, on numerous occasion before becoming the President-elect has threated top companies with different statements on what he would do if he comes to power, and when that has become a reality, companies may be fearing what's going to happen next. These donations are majorly being seen as a gesture and effort by companies to keep Trump appeased. A Rolling Stone report also suggests that his people may be keeping a close track on who is spending what on the inauguration ceremony, in order to monitor the chunk of cash flowing in for this prestigious event. FAQs: Is Donald Trump the reigning US President? No, as of now, Joe Biden is the reigning US President, but Trump will be taking over the reigns soon, after the gala inauguration ceremony on January 20 next year. 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Donald Trump's inauguration ceremony is going to be held at the US Capitol on January 20, 2025. (You can now subscribe to our Economic Times WhatsApp channel )Presidential nominees who will require Senate confirmation for diplomatic positions that have historically flown under the radar may soon find themselves thrust into the spotlight. With President-elect Donald Trump floating aggressive desires to acquire foreign territories like the Panama Canal, Greenland, and Canada, ambassador confirmations could emerge as unexpected points of tension with senators. HIGH INTEREST RATES COULD BEDEVIL TRUMP AS DEBT RISES The new Congress convenes Jan. 3, and with it the new 53-47 Republican Senate majority. Committees in the upper chamber could begin holding confirmation hearings for the dozens of Cabinet and lower-level nominees that senators are tasked with considering as soon as the following week. In Truth Social posts on Christmas Day , Trump again spoke of his territorial wish list that included purchasing Greenland from Denmark, annexing Canada as the 51st state, and retaking control of the Panama Canal. Trump will need a simple majority to confirm the loyalists he's tapped for ambassadorships that would play a crucial role in carrying out his foreign policy agenda. While it's not entirely clear the level of sincerity in Trump's push to expand America's territorial control, the incoming president is seeking to flex U.S. dominance in the weeks before retaking office. He extended a lengthy Merry Christmas to “the wonderful soldiers of China, who are lovingly, but illegally, operating the Panama Canal,” to “Governor Justin Trudeau of Canada,” and to “the people of Greenland, which is needed by the United States for National Security purposes.” TRUMP CABINET PICKS: WHO'S BEEN TAPPED TO SERVE IN THE PRESIDENT-ELECT'S ADMINISTRATION U.S. ambassador to Panama Trump named Miami-Dade County Commissioner Kevin Marino Cabrera on Christmas Day to be his ambassador to Panama. Cabrera was the Trump 2020 campaign’s state director for Florida , a member of the Miami-Dade International Trade Consortium, and helped lead the effort to rename a South Florida street “President Donald J. Trump Avenue.” Trump said Cabrera would “do a FANTASTIC job representing our Nation’s interests in Panama!” “I am pleased to announce that Kevin Marino Cabrera will serve as the United States Ambassador to the Republic of Panama, a Country that is ripping us off on the Panama Canal, far beyond their wildest dreams,” Trump posted. “Few understand Latin American politics as well as Kevin.” Trump has accused China and the Panama Canal of price-gouging U.S. vessels that use the 50-mile-long manmade waterway connecting the Atlantic and Pacific Oceans through Central America. China, Trump said, is “always making certain that the United States puts in Billions of Dollars in ‘repair’ money, but will have absolutely nothing to say about ‘anything.’” At a political event over the weekend, Trump foreshadowed he might “demand that the Panama Canal be returned to the United States of America.” ANTI-VAX PHILANTHROPY AND LEGAL FEES: HOW RFK JR. MAKES HIS MILLIONS But the canal is controlled by Panama — not China. It was under full American control from the early 1900s after the U.S. helped build the global trade route until partial control in 1977. Now, Trump is threatening to upend a Jimmy Carter-era agreement that handed remaining U.S. control to Panama in 1999 unless U.S. ships see reduced fees. While China does not control the canal — a point made by Panamanian President José Raúl Mulino — the Asian adversary has expanded its footprint in the region with nearby ports. Still, more than half of the 13,000 to 14,000 ships that traverse the canal annually are coming from or going to U.S. ports. In an ensuing tit-for-tat, Mulino said the canal wasn’t for sale . He stated, in part, that “every square meter of the Panama Canal and its adjacent area belong to PANAMA, and will continue to be. The sovereignty and independence of our country are not negotiable.” Trump shot back in another post: “We’ll see about that!” U.S. ambassador to Canada Trump has tapped Michigan Republican Party Chair Pete Hoekstra to serve as the ambassador to Canada. Hoekstra is a former congressman, a Netherlands native, and was ambassador to the Netherlands under Trump’s first term. WHICH JAN. 6 DEFENDERS COULD SEE PARDONS Trump credited Hoekstra as a “great help to our Campaign” for winning battleground Michigan . Trump had a rocky relationship his first go-around with Canadian Prime Minister Justin Trudeau and strained U.S.-Canada relations when he scrapped the North American Free Trade Agreement and imposed tariffs. Trump has countered his “America First” decisions were better for U.S. taxpayers and the economy. As he prepares to retake the White House, Trump has increasingly mocked Trudeau as “Governor Justin Trudeau of the Great State of Canada.” The incoming president posted Christmas Day that if “Canada was to become our 51st State, their Taxes would be cut by more than 60%, their businesses would immediately double in size, and they would be militarily protected like no other Country anywhere in the World.” While his annexation suggestions appear to be an extension of his love for trolling the embattled Canadian leader , Trump has vowed to slap America’s neighbor to the north with 25% tariffs on imported Canadian goods upon taking office unless border security and illegal drugs are better addressed at the U.S.-Canada border. U.S. ambassador to Denmark Trump has nominated Ken Howery, a co-founder of PayPal and San Francisco -based venture capital firm Founders Fund, to be ambassador to Denmark. Howery was ambassador to Sweden during Trump’s first term. As a self-ruling territory of Denmark, Greenland has found itself back in the crosshairs of Trump’s desire to purchase the Arctic island home to little more than 50,000 residents. Commercial and national security interests have fueled Trump’s endeavor as another way for the U.S. to counter Russian and Chinese influence in the Arctic. PETE HEGSETH PENTAGON PICK IS CONTROVERSIAL, BUT HIS RESUME IS MORE THAN JUST FOX NEWS HOST “For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity,” Trump said in Howery’s nomination announcement. Trump’s longtime — but perhaps half-hearted — bid to purchase Greenland was rebuffed in his first term. Greenland reiterated this week that the island nation was not on the market. “Greenland is ours,” Greenland Prime Minister Múte Egede said. “We are not for sale and will never be for sale. We must not lose our long struggle for freedom.” The office of Danish Prime Minister Mette Frederiksen echoed Greenland’s sentiment but with softened rhetoric. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Denmark is "looking forward to welcoming the new American Ambassador [and] looking forward to working with the new administration,” Frederiksen said , adding that Greenland is "not for sale" but that they are "open for cooperation” in the region. "In a complex security political situation as the one we currently experience, transatlantic cooperation is crucial," Frederiksen said.
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MIAMI BEACH, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the "Fund”) today announced that Thomas J. Herzfeld, Chairman of the Board of Directors has resigned from the Board as of December 31, 2024. Mr. Herzfeld has also resigned as Portfolio Manager for the Fund effective as of the same date. Mr. Herzfeld has held the position of Chairman since the Fund's launch in 1994. He will retain the position of Chairman Emeritus and participate in board meetings on a non-voting basis. The Board has elected Cecilia Gondor to serve as Chairperson effective December 31, 2024. Ms. Gondor has served on the Board of Directors since 2014. She also served as Executive Vice President of Thomas J. Herzfeld Advisors, Inc. (the Fund's investment manager) from 1984 through May 2014. During her years at the investment manager, her research analysis garnered her the reputation as being one of the most knowledgeable analysts in the industry. Additionally, she was the Executive Vice President of Thomas J. Herzfeld & Co., Inc., a broker-dealer, from 1984 through 2010. Ms. Gondor currently is an owner and the Managing Member of L&M Management LLC group of partnerships, a residential and commercial office space investor located in Alexandria, Virginia. In addition, the Board has named Brigitta Herzfeld to fill the board vacancy created by Mr. Herzfeld's resignation. Ms. Herzfeld is a current member of the investment manager's executive committee and will join the Board as of December 31, 2024. She is a graduate of Bowdoin College (BA), Stanford University (MA) and Massachusetts Institute of Technology - MIT Sloan School of Management (MBA) and Wharton-Singapore Management University (Executive Management Program). She has held positions at Goldman, Sachs & Co and Lehman Brothers Japan, Inc. Mr. Herzfeld commented: "It has been my privilege and honor to serve on the Board of Directors of The Herzfeld Caribbean Basin Fund for its entire history. As I approach my 80 th birthday, it is with much pride that I turn the leadership of the Fund over to a new generation. Cecilia Gondor has been a consistent source of expert guidance for the Fund for many years and is a great choice to take over the chair position. And Brigitta Herzfeld's financial background and long history with our firm will be an invaluable source of expertise for the board. While I will remain active with the management company, it is clear that the time has come for me to step down from active leadership of the Fund. As Chairman Emeritus I will be working harder than ever to ensure that we maximize shareholder value; we are currently exploring several options that we think will be beneficial to our shareholders.” Mr. Herzfeld has had a long and illustrious career and is generally considered to be "the father of closed-end fund investing”. Mr. Herzfeld wrote the first of his six books on the subject of closed-end funds in 1979. He is the publisher of The Investor's Guide to Closed-End Funds monthly research report and is quoted and interviewed on the subject of closed-end funds by the world's most renowned financial papers. He has served as a contributing editor for the Global Guide to Investing (published by Financial Times ), and The Encyclopedia of Investments . Ms. Gondor responded to her election to Chairperson: "To follow in the footsteps of Tom Herzfeld is a very humbling experience. He has been a mentor to me and many others in the closed-end fund industry. I look forward to working with Brigitta Herzfeld and the other board members to continue the work that Tom started 30 years ago and am honored to contribute to the legacy he has built in any way that I can.” A graduate of Philadelphia University in 1966, Mr. Herzfeld served in the United States Army Reserve from 1966-1972, and on active duty in 1967. He received an honorary Doctor of Humane Letters (LHD) from Philadelphia University in 2008. He joined the Wall Street firm Reynolds & Co., in 1968 and began a specialization in closed-end funds. He formed the NYSE member firm of Carlino, Herzfeld and Kemm in 1970 and served as the firm's Senior Partner at the age of 25. He also became an Allied Member of the NYSE, an Associate Member of the AMEX and a senior register options principal. In 1981, he formed a stock brokerage firm, Thomas J. Herzfeld & Co., Inc., that was the first to specialize in the field of closed-end funds. He created the industry's first and only Closed-End Fund Index, "The Herzfeld Average," which has been published in Barron's weekly since its establishment in 1987. He also coined the term "lifeboat provisions” used in the industry to define tactics funds take to narrow discounts and keep prices afloat. About Thomas J. Herzfeld Advisors, Inc. Thomas J. Herzfeld Advisors, Inc., founded in 1984, is an SEC registered investment advisor, specializing in investment analysis and account management in closed-end funds. The Firm also specializes in investment in the Caribbean Basin. The HERZFELD/CUBA division of Thomas J. Herzfeld Advisors, Inc. serves as the investment advisor to The Herzfeld Caribbean Basin Fund, Inc. a publicly traded closed-end fund (NASDAQ: CUBA). More information about the advisor can be found at www.herzfeld.com . Past performance is no guarantee of future performance. An investment in the Fund is subject to certain risks, including market risk. In general, shares of closed-end funds often trade at a discount from their net asset value and at the time of sale may be trading on the exchange at a price which is more or less than the original purchase price or the net asset value. An investor should carefully consider the Fund's investment objective, risks, charges and expenses. Please read the Fund's disclosure documents before investing. Forward-Looking Statements This press release, and other statements that TJHA or the Fund may make, may contain forward looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund's or TJHA's future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as "trend,” "potential,” "opportunity,” "pipeline,” "believe,” "comfortable,” "expect,” "anticipate,” "current,” "intention,” "estimate,” "position,” "assume,” "outlook,” "continue,” "remain,” "maintain,” "sustain,” "seek,” "achieve,” and similar expressions, or future or conditional verbs such as "will,” "would,” "should,” "could,” "may” or similar expressions. TJHA and the Fund caution that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and TJHA and the Fund assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance. With respect to the Fund, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, particularly with respect to Cuba and other Caribbean Basin countries, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Fund or in the Fund's net asset value; (2) the relative and absolute investment performance of the Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to the Fund or TJHA, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or TJHA or the Fund; (9) TJHA's and the Fund's ability to attract and retain highly talented professionals; (10) the impact of TJHA electing to provide support to its products from time to time; (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions; and (12) the effects of an epidemic, pandemic or public health emergency, including without limitation, COVID-19. Annual and Semi-Annual Reports and other regulatory filings of the Fund with the SEC are accessible on the SEC's website at www.sec.gov and on TJHA's website at www.herzfeld.com/cuba, and may discuss these or other factors that affect the Fund. The information contained on TJHA's website is not a part of this press release. Contact: Tom Morgan Chief Compliance Officer Thomas J. Herzfeld Advisors, Inc. 1-305-777-1660
HAMILTON, Bermuda--(BUSINESS WIRE)--Dec 26, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. “With the sale of the West Prospero , we have monetized a non-core asset that has been stacked since 2016 and successfully executed on our strategy to exit the benign jack-up market,” said President and Chief Executive Officer, Simon Johnson. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com . Forward-Looking Statements This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this news release, including, without limitation, those regarding the Company’s plans, strategies, business prospects and rig activity, including with respect to backlog and contract commencement dates and durations, impact on earnings and free cash flow and changes and trends in its business and the markets in which it operates, are forward-looking statements. These statements may include words such as “assumes”, “projects”, “forecasts”, “estimates”, “expects”, “anticipates”, “believes”, “plans”, “intends”, “may”, “might”, “will”, “would”, “can”, “could”, “should” or, in each case, their negative, or other variations or comparable terminology in connection with any discussion of the timing or nature of future operating or financial performance or other events. These statements are based on management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: those described under Item 3D “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2024, offshore drilling market conditions, including supply and demand, day rates, customer drilling programs and effects of new or reactivated rigs on the market, fluctuations in the international price of oil, international financial market conditions, inflation, changes in governmental regulations that affect the Company or the operations of the Company’s fleet, the review of competition authorities, the impact of global economic conditions and global health threats, pandemics and epidemics, political and other uncertainties, including those related to the conflicts in Ukraine and the Middle East, and any related sanctions, fluctuations in interest rates or exchange rates and currency devaluations relating to foreign or U.S. monetary policy, tax matters, changes in tax laws, treaties and regulations, legal and regulatory matters in the jurisdictions in which we operate, customs and environmental matters, the potential impacts on our business resulting from decarbonization and emissions legislation and regulations, the impact on our business from climate-change generally, the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems, including our rig operating systems, and other important factors described from time to time in the reports filed or furnished by us with the SEC. The foregoing risks and uncertainties are beyond our ability to control, and in many cases, we cannot predict the risks and uncertainties that could cause our actual results to differ materially from those indicated by the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. Investors should note that we announce material financial information in SEC filings, press releases and public conference calls. Based on guidance from the SEC, we may use the Investors section of our website ( www.seadrill.com ) to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on our website is not part of, and is not incorporated into, this news release. View source version on businesswire.com : https://www.businesswire.com/news/home/20241227268598/en/ CONTACT: Kevin Smith Vice President – Corporate Finance and Investor Relations ir@seadrill.com KEYWORD: BERMUDA CARIBBEAN INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Seadrill Limited Copyright Business Wire 2024. PUB: 12/26/2024 04:05 PM/DISC: 12/26/2024 04:06 PM http://www.businesswire.com/news/home/20241227268598/enNEW YORK -- As Luigi Mangione pleaded not guilty Monday to state murder and terrorism charges in the brazen killing of UnitedHealthcare CEO Brian Thompson , supporters of the suspect continued to donate tens of thousands of dollars for a defense fund established for him, leaving law enforcement officials worried Mangione is being turned into a martyr. Several online defense funds have been created for Mangione by anonymous people, including one on the crowdfunding website GiveSendGo that as of Monday morning had raised over $187,000. The GiveSendGo defense fund for the 26-year-old Mangione was established by an anonymous group calling itself "The December 4th Legal Committee," apparently in reference to the day Mangione allegedly ambushed and gunned down Thompson in Midtown Manhattan as the executive walked to his company's shareholders conference at the New York Hilton hotel. "We are not here to celebrate violence, but we do believe in the constitutional right to fair legal representation," the anonymous group said in a statement. The crowdfunding campaign prompted donations from thousands of anonymous donors across the country, many of them leaving messages of support for Mangione, including one person who called themselves "A frustrated citizen" and thanked Mangione for "sparking the awareness and thought across this sleeping nation." In a statement to ABC News, a spokesperson for GiveSendGo said the company "operates with a principle of not preemptively determining guilt or innocence." "Our platform does not adjudicate legal matters or the validity of causes. Instead, we allow campaigns to remain live unless they violate the specific terms outlined in our Terms of Use. Importantly, we do allow campaigns for legal defense funds, as we believe everyone deserves the opportunity to access due process," the GiveSendGo spokesperson said. The spokesperson added, "We understand the concerns raised by such campaigns and take these matters seriously. When campaigns are reported, our team conducts a thorough review to ensure they comply with our policies. While other platforms may choose a different approach, GiveSendGo's core value is to provide a space where all individuals, no matter their situation, can seek and receive support, with donors making their own informed decisions." Other crowdfunding sites such as GoFundMe have also taken down campaigns soliciting donations for Mangione's defense. "GoFundMe's Terms of Service prohibit fundraisers for the legal defense of violent crimes," the crowdfunding website said in a statement. "The fundraisers have been removed from our platform and all donors have been refunded." Amazon and Etsy have removed from their websites merchandise featuring Mangione, including T-shirts and tote bags reading "Free Luigi" and the phrase "Deny, Defend, Depose," words police said were etched in the shell casings discovered at the scene of Thompson's homicide. "Celebrating this conduct is abhorrent to me. It's deeply disturbing," Manhattan District Attorney Alvin Bragg told ABC News senior investigative reporter Aaron Katersky in an interview last week. "And what I would say to members of the public, people who, as you described, are celebrating this and maybe contemplating other action, that we will be vigilant and we will hold people accountable. We are at the ready." When Mangione appeared in court Monday for his arrangement, more than two dozen young women, who had waited in the frigid cold outside the courthouse, said they were there to support the defendant. Most of the women wore face masks and a few appeared visibly emotional as Mangione entered the courtroom. "This is a grave injustice, and that's why people are here," one of the women, who said she arrived at the courthouse at 5 a.m., told ABC News. Other supporters outside the courthouse chanted, "Free, free Luigi" and "Eat the rich," and held signs reading, "People over profits" and "Health over wealth." Manhattan grand jury indicted Mangione last week on 11 charges, including first-degree murder in furtherance of terrorism. Mangione is also facing federal charges that could get him the death penalty if convicted. Mangione's attorney, Karen Friedman Agnifilo, raised concerns in court Monday that her client is being used by police and New York City Mayor Eric Adams as "political fodder." Angifilo also slammed last week's extradition of Mangione back to Manhattan to face charges, calling Adams' presence amid the massive display of force used in the transfer "the biggest staged perp walk I have seen in my career." "What was the New York City mayor doing at this press conference -- that is utterly political," she said, before referencing the mayor's own criminal case. "The New York City mayor should know more than anyone the presumption of innocence." Retired FBI special agent Richard Frankel said suspects have received unsolicited support in previous politically charged violent crimes. "We saw it with the Unabomber," said Frankel, an ABC News contributor, referring to Ted Kaczynski, the mathematician-turn-domestic terrorist who blamed technology for a decline of individual freedom and mailed handcrafted explosives to targeted individuals between 1978 and 1995. Frankel said Eric Rudolph, who detonated a bomb in Atlanta's Centennial Olympic Park during the 1996 Olympic Games and carried out three additional bombings as he eluded capture for five years, also attracted supporters. "In my opinion, they're supporting individuals who have committed potentially terrorist acts, but it's a politically charged act," Frankel said. Referring to the Thompson killing, Frankel added, "You can be up in arms about the health care industry, but you can't threaten or actually hurt members of the health care industry." Most recently, Marine veteran Daniel Penny was acquitted of criminally negligent homicide in the chokehold death of Jordan Neely, a homeless man who was acting erratically on a New York City subway, after supporters donated more than $3 million to his legal defense fund. Law enforcement officials have expressed concern that Mangione is being turned into a martyr. Someone this week pasted "wanted posters" outside the New York Stock Exchange naming other executives. A recent bulletin released by the Delaware Valley Intelligence Center, a multi-agency law enforcement intelligence-sharing network based in Philadelphia, included a photo of a banner hanging from an overpass reading, "Deny, Defend, Depose," which are the same words etched on shell casings police said were recovered from the Thompson homicide scene. "Many social media users have outright advocated for the continued killings of CEOs with some aiming to spread fear by posting 'hit lists,'" the bulletin, obtained by ABC News, reads.
Reports: Yankees sign LHP Max Fried to 8-year, $218M dealCHARLESTON, S.C. , Dec. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million , is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024. As previously disclosed, due to EVERFI performing below expectations, Blackbaud is considering a range of alternatives for EVERFI, one of which includes a potential divestiture of the business. The impairment charge was determined to be necessary as part of this process. "To comply with generally accepted accounting principles, we're planning to record this noncash charge in the fourth quarter," said Mike Gianoni , president, CEO and vice chairman of the board of directors. "We want to emphasize that EVERFI remains well positioned to support its customers and continue helping companies dedicated to social impact reach communities through custom education and workplace solutions for today's key issues. In addition, Blackbaud's core business remains strong, and we are committed to helping customers around the world use technology to drive meaningful social impact. As we determine our long-term strategic approach to the EVERFI business, we will continue to provide updates." Additional details can be found in Blackbaud's Form 8-K filed today with the SEC. About Blackbaud Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States , Australia , Canada , Costa Rica , India and the United Kingdom , supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter , LinkedIn , Instagram and Facebook . Media Inquiries media@blackbaud.com Forward-looking Statements Except for historical information, all of the statements, expectations and assumptions contained in this Current Report on Form 8-K are forward- looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's estimates regarding the impairment charge related to the EVERFI assets. These statements involve a number of risks and uncertainties. Although we attempt to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the risk factors set forth from time to time in our filings with the Securities and Exchange Commission (the "SEC"), copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from our investor relations department. We assume no obligation and do not intend to update these forward- looking statements, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/blackbaud-announces-impairment-charge-related-to-everfi-assets-302330791.html SOURCE Blackbaud
HAMILTON, Bermuda--(BUSINESS WIRE)--Dec 26, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. “With the sale of the West Prospero , we have monetized a non-core asset that has been stacked since 2016 and successfully executed on our strategy to exit the benign jack-up market,” said President and Chief Executive Officer, Simon Johnson. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com . Forward-Looking Statements This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this news release, including, without limitation, those regarding the Company’s plans, strategies, business prospects and rig activity, including with respect to backlog and contract commencement dates and durations, impact on earnings and free cash flow and changes and trends in its business and the markets in which it operates, are forward-looking statements. These statements may include words such as “assumes”, “projects”, “forecasts”, “estimates”, “expects”, “anticipates”, “believes”, “plans”, “intends”, “may”, “might”, “will”, “would”, “can”, “could”, “should” or, in each case, their negative, or other variations or comparable terminology in connection with any discussion of the timing or nature of future operating or financial performance or other events. These statements are based on management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: those described under Item 3D “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2024, offshore drilling market conditions, including supply and demand, day rates, customer drilling programs and effects of new or reactivated rigs on the market, fluctuations in the international price of oil, international financial market conditions, inflation, changes in governmental regulations that affect the Company or the operations of the Company’s fleet, the review of competition authorities, the impact of global economic conditions and global health threats, pandemics and epidemics, political and other uncertainties, including those related to the conflicts in Ukraine and the Middle East, and any related sanctions, fluctuations in interest rates or exchange rates and currency devaluations relating to foreign or U.S. monetary policy, tax matters, changes in tax laws, treaties and regulations, legal and regulatory matters in the jurisdictions in which we operate, customs and environmental matters, the potential impacts on our business resulting from decarbonization and emissions legislation and regulations, the impact on our business from climate-change generally, the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems, including our rig operating systems, and other important factors described from time to time in the reports filed or furnished by us with the SEC. The foregoing risks and uncertainties are beyond our ability to control, and in many cases, we cannot predict the risks and uncertainties that could cause our actual results to differ materially from those indicated by the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. Investors should note that we announce material financial information in SEC filings, press releases and public conference calls. Based on guidance from the SEC, we may use the Investors section of our website ( www.seadrill.com ) to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on our website is not part of, and is not incorporated into, this news release. View source version on businesswire.com : https://www.businesswire.com/news/home/20241227268598/en/ CONTACT: Kevin Smith Vice President – Corporate Finance and Investor Relations ir@seadrill.com KEYWORD: BERMUDA CARIBBEAN INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Seadrill Limited Copyright Business Wire 2024. PUB: 12/26/2024 04:05 PM/DISC: 12/26/2024 04:06 PM http://www.businesswire.com/news/home/20241227268598/enDefense fund established by supporters of suspected CEO killer Luigi Mangione nears $200KSteelers WR George Pickens returns to practice, hopeful to play against Chiefs
PORT-AU-PRINCE, Haiti (AP) — The United Nations raised the death toll of a recent massacre in which dozens of older people and Vodou religious leaders were killed by a gang in Haiti, and called on officials to bring the perpetrators to justice. The U.N. Integrated Office in Haiti said in a report published on Monday that between Dec. 6 and 11 more than 207 people were killed by the Wharf Jeremie gang. The gang took people from their homes and from a place of worship, interrogated them and then executed them with bullets and machetes. Earlier this month, human rights groups in Haiti had estimated that in the massacre, but the new U.N. investigation doubles the number of victims. “We cannot pretend that nothing happened” said María Isabel Salvador, the U.N. secretary-general’s special representative in Haiti. “I call on the Haitian justice system to thoroughly investigate these horrific crimes and arrest and punish the perpetrators, as well as those who support them,” she said in a statement. Human rights groups in Haiti said the after the son of Micanor Altès, the leader of the Wharf Jeremie gang, died from an illness. The Cooperative for Peace and Development, a human rights group, said that according to information circulating in the community, Altès accused people in the neighborhood of causing his son’s illness. “He decided to cruelly punish all elderly people and (Vodou) practitioners who, in his imagination, would be capable of casting a bad spell on his son,” the group said in a statement released shortly after news of the massacre emerged. In Monday’s report, the United Nations said that people were tracked down in their homes and in a place of worship by Altès’ gang, where they were first interrogated and then taken to an execution site. The United Nations said that the gang tried to erase evidence of the killings by burning bodies, or by dismembering them and throwing them into the sea. The massacre is the latest humanitarian tragedy in Haiti, where gang violence has intensified since the nation’s president was killed in . Haiti has struggled to organize an election that will fill the power vacuum and restore democratic rule. The Caribbean nation is currently governed by a transitional council that includes representatives from the business community, civil society and political parties, but its government has no control over many areas of the capital city, and gangs are constantly fighting over ports, highways and neighborhoods. According to the United Nations, more than 5,350 people have been killed in Haiti’s gang wars this year. The Haitian government acknowledged the massacre against older people in a statement issued earlier this month, and promised to persecute those responsible for this act of “unspeakable carnage.”
Wyoming face the No. 12 Boise State Broncos on Saturday, Nov. 23, 2024 (11/23/24) at War Memorial Stadium in Laramie, Wyoming. How to watch: Fans can watch the game for free via a trial of DirecTV Stream or fuboTV . Here’s what you need to know: What: NCAA Football, Week 13 Who: Boise State vs. Wyoming When: Saturday, Nov. 23, 2024 (11/23/24) Where: War Memorial Stadium Time: 7 p.m. ET TV: CBS Sports Network Live stream: DirecTV Stream or fuboTV *** Here’s a preview capsule via the Associated Press: Boise State coach Spencer Danielson wants his Broncos to seize every moment over the final two weeks of the campaign. That means not looking past what he deems a dangerous Wyoming Cowboys team that has just two wins this season. “November, when you get to that month, no matter where you play, who you’re playing, you’re gonna get everybody’s best,” Danielson said. “It’s the compete month and like I said ... a ton of respect for Wyoming, for coach (Jay) Sawvel, what they do. We’ve had battle after battle - we know the test that’s coming.” The Broncos (9-1, 6-0 Mountain West) cannot afford to look past Wyoming (2-8, 2-4) after they leapfrogged BYU into the fourth seed in this week’s College Football Playoff rankings. “It’s huge,” Danielson said. “We talk to our players about that because that’s, right now, what’s at hand. It’s not about anything past this week, but winning the game (means) we have the opportunity to go play a home game on the blue in the Mountain West championship.” Boise State is 17-1 all-time against the Cowboys, including an 8-1 mark in Laramie, and has won the last seven meetings. Wyoming returns home after a 24-10 loss at Colorado State, which followed its second win of the season, a 49-45 thriller at New Mexico on Nov. 2. Danielson believes the Cowboys will employ their rushing attack, which ranks 89th in the country. It’s a three-headed monster that has enjoyed the return of Harrison Waylee, a starter before the season who ran for 185 yards and a touchdown on 35 carries in his first two games back this month. “They’ve got some guys back healthy,” Danielson said. “Their running back is one of the better players we’ve seen all year, he’s finally back healthy and explosive.” “We know how they’re going to be ready to play. We’ve got to finish our prep. And I’m going to talk to our guys more about seizing the moment. Like in life, you don’t want to be the guy that lives with regrets because you didn’t seize and attack the moment.” Boise State brings one of the nation’s most prolific offensive units to Laramie, as it ranks No. 4 in the country with 492.2 yards per game. The Broncos have bucked their way to 500 or more total yards on four occasions this season, equaling their total from the last two seasons combined. If there is one opponent Heisman Trophy candidate Ashton Jeanty would love to run wild on, it’s Wyoming. The junior workhorse leads the country in several categories but has never topped the 100-yard plateau against the Cowboys, rushing for 91 yards in 2022 and just 53 in 2023. Jeanty leads the nation in rushing yards (1,893), rushing touchdowns (26), total touchdowns (27) and all-purpose yards (1,991). Wyoming wide receiver Jaylen Sargent has enjoyed his best stretch of football and could be poised for a big game against Boise State’s less-than-impressive pass defense. Sargent, who has 231 yards receiving the last two games, faces a pass defense that ranks 131st in the nation and allows 296.7 passing yards per game. The Cowboys may only have two wins and might be tied for 118th in scoring offense (20.4 points per game), but they’re dangerous when they get inside their opponents‘ 20-yard line. Wyoming ranks 14th in red-zone conversion (92.3%) and will the Broncos’ defense, which ranks 26th in the nation in red-zone D (77.1%). Boise State’s defensive front has been a menace in opposing backfields and is tied for 13th with 196 total pressures, per Pro Football Focus. And it’s not just team leader Ahmed Hassanein, who is tied for eighth in the country with a team-high 45 pressures, as there are 15 Broncos with multiple pressures and 21 Broncos with at least one. The Broncos also rank second in the nation with 41 sacks. MORE SPORTS COVERAGE How to watch Nebraska volleyball vs. Wisconsin (11/23/24) | FREE LIVE STREAM, Time, TV, Channel for Big Ten game Army vs. Notre Dame FREE LIVE STREAM (11/23/24): Watch college football, Week 13 online | Time, TV, channel Marshall vs. Old Dominion FREE LIVE STREAM (11/23/24): Watch college football, Week 13 online | Time, TV, channel How to watch Washington Spirit vs. Orlando Pride (11/23/24): LIVE STREAM, time, TV, channel for NWSL Final Virginia Tech vs. Duke FREE LIVE STREAM (11/23/24): Watch college football, Week 13 online | Time, TV, channelDec. 23, 2024 (HealthDay News) -- Poison experts see it every winter holiday season: Parents rush kids to the emergency room or call hotlines, panicking that their child has ingested something dangerous. Between holiday breaks, visiting relatives' homes, attending festivities, and opening gifts galore, kids face extra risks for accidental exposure to poison. In addition to heart felt season’s greetings, the Nebraska Poison Center sends out reminders that changes in routine may increase risks for kids. Poison experts urge parents and party hosts to remember safety best practices. • Pretty holiday plants aren't edible. Keep small children and animals away from mistletoe, holly berries, yew plants and poinsettias. • Be mindful of small batteries. Toys, games, watches, remotes, and musical greeting cards may contain button or disc batteries. If swallowed, they can become stuck and cause serious injury or death if not removed. • Watch out for water beads and magnets in toys . Expanding water beads and rare earth magnets are inappropriate for those who may ingest them. Strong magnets can stick together in the intestines and trigger a medical emergency. If water beads are swallowed, they may swell and cause a blockage in the intestines. • Be on the lookout for nicotine-containing products, including vape liquid and chewing tobacco, as well as CBD and THC products . These are often in brightly colored packaging that can easily be mistaken for candy or other food items for children. If swallowed by youngsters, nicotine may cause shakiness, vomiting or seizures. Keep these items away from common areas, locked and out of reach. • Lock up cleaning cabinets. Cleansers, laundry pods, and other cleaning products should also be stored out of sight. Do not mix chemicals together when cleaning and follow all label directions for using these products. • Remind relatives without small children about the importance of child-proofing prescription drugs . Encourage friends and family to store medications up, out of sight and locked up tight, not out on a nightstand or counter. Keep all purses and travel bags secured. • Be vigilant about the bar and alcohol. Alcoholic beverages are more readily accessible during gatherings. Clean immediately after gatherings and remove all items that may contain alcohol. Sadly, the holiday season can bring joy and grief simultaneously. As seasonal calls to the Poison Center concerning children increase, so do calls about intentional harm. If you or a loved one are having thoughts of self-harm or are in a crisis, remember that you are not alone. Call 988 to reach the 24/7 National Suicide and Crisis Line for help. Prevention is the best way to avoid and minimize poisonings. The Poison Center’s specially trained registered nurses and pharmacists are available 24/7/365. If you have questions or suspect poisoning exposure, call 1-800-222-1222. Your call will be routed to a local poison control center. Poison Center services are free and confidential. More information The Health Resources and Service Administration (HRSA) has more about poison exposure. SOURCE: Holiday Help From the Nebraska Poison Center, fact sheet.
As Premier Doug Ford vows to alleviate Toronto’s infamous traffic congestion, his government’s designs for Ontario Place would add to the problem. That’s the conclusion of a new report from the city of Toronto that examined the projected traffic impacts of the Ontario PC plan to redevelop the lakeside waterpark . The report from city transportation staff noted that the $2.2-billion revamp — consisting of the Therme spa, expanded Live Nation concert venue, new public spaces and a mainland pavilion for Ontario Science Centre programming — will convert the Ontario Place site into a year-round destination. By 2032, the redevelopment is projected to increase traffic volumes on Lake Shore Boulevard West by up to 27 per cent in the morning rush, 23 per cent in the evening rush and as much as 40 per cent during major events like Toronto FC games and the Canadian National Exhibition, according to the report. That would add about 1 to 2 minutes to vehicle travel times on Lake Shore between British Columbia Road and Strachan Avenue during typical weekday or weekend peak periods, the city estimated. During major events, trips would take about 5 to 6.5 minutes longer. The projections, which were based on a previous analysis performed for Infrastructure Ontario by LEA Consulting Ltd., take into account other factors that could affect traffic, such as development applications, corridor growth, new pedestrian promenades, and planned transit improvements in the Ontario Line, Lake Shore West GO upgrades and SmartTrack stations. Ford’s government has signalled that reducing gridlock in Ontario’s biggest city is among its top priorities. In July it announced $73 million to speed up lane-reducing construction on the Gardiner Expressway one year early, and last month it took the extraordinary step of passing legislation that will allow it to remove bike lanes it claims are causing congestion on major Toronto thoroughfares. Asked whether the province was concerned the Ontario Place redevelopment could undermine those traffic-fighting efforts, Ash Milton, press secretary for Infrastructure Minister Kinga Surma, said in an email that the government “is ensuring that Ontario Place and the surrounding area will be served by numerous transport options, including the Ontario Line, which is part of the largest subway expansion in Canadian history.” “We will keep ensuring that residents and businesses in Toronto have the transport options they need as the population continues to grow,” Milton said. But Norm Di Pasquale, co-chair of Ontario Place for All , an advocacy group that opposes the province’s plan, said the report shows the Ontario Place plan would cause “an intense amount of traffic in downtown.” The premier “is manifesting the exact thing that he is saying he is trying to avoid,” argued Di Pasquale. He said that the Ford government’s intention to build 2,500 parking spaces near the Therme spa and relocate the Ontario Science Centre from Flemingdon Park would be major drivers of the worsening congestion. Di Pasquale, whose group has previously criticized the redevelopment over its cost to taxpayers and impact on public space, said the traffic data is further evidence that “this is ultimately the wrong site for both the mega spa and the Ontario Science Centre.” City staff produced the traffic analysis in response to a motion from Deputy Mayor Ausma Malik (Ward 10, Spadina—Fort York) at June’s council meeting. It’s clear the transportation impacts of the province’s proposal “had not been properly considered,” Malik said in a statement Monday, and the new report shows “it will have significant impacts on an already busy corridor,” as well as on congested areas like Liberty Village. She said the Therme development does “not belong on our waterfront.” The report will be debated at Toronto and East York Community Council on Jan. 14, and is scheduled to go to city council the following month.Viper Energy, Inc. (NASDAQ:VNOM) Shares Purchased by Victory Capital Management Inc.