The Ukrainian president said the use of a ballistic missile to hit Dnipro was a “clear and severe escalation in the scale and brutality of this war” and he warned that Russian president Mr Putin would attack or destabilise other countries unless stopped. Mr Putin said the use of the new weapon was in response to the UK and US allowing missiles they have supplied to Ukraine to be used to strike targets in Russia. “In response to the use of American and British long-range weapons on November 21 of this year, the Russian armed forces launched a combined strike on one of the facilities of the Ukrainian defence industry,” Mr Putin said in a televised address. “One of the newest Russian medium-range missile systems was tested in combat conditions, in this case, with a ballistic missile in a non-nuclear hypersonic warhead.” He added: “We consider ourselves entitled to use our weapons against military facilities of those countries that allow their weapons to be used against our facilities.” But Mr Zelensky urged world leaders – his “dear partners” – not to be cowed by Mr Putin’s actions otherwise there will be “endless Russian strikes” and “not just against Ukraine”. Today, Putin admitted to taking a second step this year toward escalating and expanding this war. A new ballistic missile was used. Putin struck our city of Dnipro, one of Ukraine’s largest cities. This is a clear and severe escalation in the scale and brutality of this war—a... — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) November 21, 2024 “A lack of tough reactions to Russia’s actions sends a message that such behavior is acceptable,” the Ukrainian president said on X, formerly Twitter. “This is what Putin is doing. Putin must feel the cost of his deranged ambitions. “Response is needed. Pressure is needed. Russia must be forced into real peace, which can only be achieved through strength. “Otherwise, there will be endless Russian strikes, threats, and destabilisation-not just against Ukraine.” The UK is believed to have allowed its Storm Shadow missiles to be used by Ukrainian forces within the Kursk region of Russia, while the US has given permission for its ATACMS weapons to be fired at targets in Mr Putin’s country. Mr Putin confirmed Russia has tested the new intermediate-range weapon in an attack on Dnipro in response. The US said the weapon was a new, experimental intermediate-range missile based on Russia’s existing RS-26 Rubezh intercontinental ballistic missile. In Westminster, the Prime Minister’s official spokesman said: “My understanding is that it is the first time that Russia has used a ballistic missile in Ukraine with a range of several thousand kilometres.” Defence Secretary John Healey said it was “yet another example of Putin’s recklessness”. He said: “Since the illegal invasion of Ukraine began, Russia has consistently and irresponsibly escalated the conflict while Ukraine continues to fight in self-defence for a democratic future.” The missile’s range far outstrips that of newly authorised US and British-supplied weapons, which can hit targets around 250-300km away. The distance from Moscow to London is around 2,500km, suggesting the range of the new missile could threaten the UK. Mr Healey said the UK knew Russia had been “preparing for months” to fire a new ballistic missile. Downing Street and the Ministry of Defence have repeatedly declined to comment publicly on Ukraine’s use of Storm Shadow. “It risks both operational security and in the end the only one that benefits from such a public debate is President Putin,” Mr Healey told MPs. I had a meeting with the UK delegation led by Chief of the Defence Staff @AdmTonyRadakin_ . We discussed defense cooperation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the Armed Forces of Ukraine. Particular... pic.twitter.com/EcjqfTuR49 — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) November 21, 2024 The head of the UK’s armed forces, Chief of the Defence Staff Admiral Sir Tony Radakin, met Mr Zelensky in Kyiv to discuss the war on Thursday. Mr Zelensky said: “We discussed defence co-operation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the armed forces of Ukraine. “Particular attention was given to Ukraine’s current military needs and the continued support from our partners.”Mutual of America Capital Management LLC trimmed its holdings in shares of CTS Co. ( NYSE:CTS – Free Report ) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,567 shares of the electronics maker’s stock after selling 458 shares during the quarter. Mutual of America Capital Management LLC’s holdings in CTS were worth $221,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Royce & Associates LP increased its stake in shares of CTS by 5.4% during the third quarter. Royce & Associates LP now owns 294,513 shares of the electronics maker’s stock worth $14,249,000 after purchasing an additional 15,062 shares in the last quarter. Versor Investments LP purchased a new stake in CTS during the 3rd quarter worth approximately $518,000. Raymond James & Associates raised its holdings in shares of CTS by 19.9% during the third quarter. Raymond James & Associates now owns 159,105 shares of the electronics maker’s stock valued at $7,697,000 after acquiring an additional 26,376 shares during the last quarter. Trust Point Inc. lifted its position in shares of CTS by 2.1% in the third quarter. Trust Point Inc. now owns 12,861 shares of the electronics maker’s stock valued at $622,000 after acquiring an additional 270 shares in the last quarter. Finally, Creative Planning increased its position in shares of CTS by 14.2% during the third quarter. Creative Planning now owns 15,040 shares of the electronics maker’s stock worth $728,000 after purchasing an additional 1,870 shares in the last quarter. Hedge funds and other institutional investors own 96.87% of the company’s stock. CTS Price Performance CTS stock opened at $55.10 on Friday. The business has a fifty day moving average of $50.95 and a two-hundred day moving average of $50.25. The company has a quick ratio of 1.91, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 28.40 and a beta of 0.58. CTS Co. has a 52-week low of $38.49 and a 52-week high of $59.68. CTS Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, December 27th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date is Friday, December 27th. CTS’s dividend payout ratio is currently 8.25%. Analysts Set New Price Targets A number of research analysts have weighed in on CTS shares. Scotiabank lowered CTS from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. StockNews.com cut shares of CTS from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. View Our Latest Research Report on CTS About CTS ( Free Report ) CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals. Featured Stories Five stocks we like better than CTS How to Invest in Small Cap Stocks The Latest 13F Filings Are In: See Where Big Money Is Flowing Consumer Discretionary Stocks Explained 3 Penny Stocks Ready to Break Out in 2025 How to Start Investing in Real Estate FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Want to see what other hedge funds are holding CTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CTS Co. ( NYSE:CTS – Free Report ). 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As most countries in South-east Asia are still developing and have relatively weak economic foundations, climate finance is necessary for the region to take climate action. SINGAPORE – To the rest of the world, Pari Island may be just another of the thousands of islands that make up the vast Indonesian archipelago, some so tiny they do not have names. But non-profit Friends of the Earth Indonesia is fighting for more visibility for the plight of its 1,500 inhabitants, who are facing the loss of their homes and fishery livelihoods as sea levels rise. The island was partially inundated an unprecedented 10 times in 2023 by exceptionally high tides. Island communities in South-east Asia, like those on Pari, have long grappled with worsening climate impacts, but often find it difficult to access the funds they need to become resilient against floods and typhoons. Countries in the region also need assistance to phase out coal. The Indonesian island of Pari lies just above sea level, making it highly prone to flooding from high tides. PHOTO: ZVG But the recently concluded UN Climate Change Conference COP29 could offer some hope, with developed countries agreeing to channel US$300 billion (S$402 billion) a year to developing countries by 2035. The ultimate aim is to raise US$1.3 trillion annually by 2035 for countries in need, through various forms of finance. But the US$300 billion core amount was criticised as woefully insufficient by climate-vulnerable countries and civil society, who expected richer countries – who were historical emitters – to commit more. It is also uncertain how the amount will be raised. While developed countries will take the lead, the COP29 decision stated that the amount will come from “a wide variety of sources, public and private, bilateral and multilateral, including alternative sources”. Mr Gao Xi, a research associate at the NUS Energy Studies Institute (ESI), said: “Most South-east Asian countries are coastal, making them particularly vulnerable to threats such as typhoons, floods and droughts caused by climate change. Frequent extreme weather events often result in significant financial losses and social disruptions.” In 2024 alone, the Philippines was struck by six typhoons within a span of 30 days – between October and November – killing more than 170 people, displacing more than 214,000 people and causing damage worth about 470 million pesos (S$10.8 million). While the archipelago is prone to tropical storms, such back-to-back typhoons within a month is unusual. An aerial view shows submerged homes at a village in Ilagan, Isabela province in the Philippines on Nov 18 due to continuous heavy rains from Super Typhoon Man-yi. PHOTO: AFP As most countries in South-east Asia are still developing and have relatively weak economic foundations, climate finance is necessary for the region to take climate action, added Mr Gao, with money particularly needed for clean energy generation, low-carbon transport and coastal defence. According to the International Energy Agency, Asean will need US$21 billion in investments annually from 2026 to 2030 just to upgrade its energy infrastructure. And to build resilience against climate impacts, the region needs US$422 billion until 2030. The finance outcomes from the UN conference in Azerbaijan could also benefit other developments in South-east Asia, such as the future regional power grid and carbon trading, which can also benefit Singapore. Funding the Asean power grid The funds pledged at COP29 could provide crucial support for accelerating the development of the Asean power grid. One of the region’s decades-long ambitions, the complex power interconnection will enable electricity trade across borders – for both energy security and access to greener energy. The regional ambition made progress with the Laos-Thailand-Malaysia-Singapore electricity import pilot in 2022, which transmitted 100MW of hydropower from Laos to Singapore, via Malaysia and Thailand. This was later extended to include another 100MW from Malaysia’s electricity grid in October 2024, but this includes a mix of energy sources, including coal and natural gas. Singapore is also laying the groundwork for the regional grid by committing to import 5.6GW of clean electricity from Cambodia, Vietnam and Indonesia. Asean envisions a power grid by 2045, and climate finance has the potential to address the unique challenges of financing such a large-scale, multi-country initiative, said Mr Beni Suryadi, acting executive director at the Asean Centre for Energy based in Indonesia. Several key challenges make traditional financing for the Asean power grid difficult. One is cross-border investment risks, since the giant grid will involve multiple countries with different regulatory frameworks and tariffs. Another is the high upfront capital required, especially for building the grid and transmission infrastructure. The resulting long payback periods can put off traditional investors, who seek quicker returns, noted Mr Beni. Climate finance can loosen these gridlocks. These funds often come in the form of concessional loans with low interest rates, grants, or guarantees which lower the financial risks for private investors. When forms of finance like green bonds, blended finance and funding from the World Bank or the Asian Development Bank are injected into a mega-project first, the risks are lowered for private investors to participate. Blended finance refers to bringing together monies from the public sector, the multilateral development banks, philanthropies and the private sector. “This is where climate finance can step in – by bridging these gaps, mitigating risks, and enabling investments that otherwise might not materialise,” he added. As a wealthier developing country, Singapore would not be a recipient of the US$1.3 trillion, and instead would contribute voluntarily to climate finance. But the island-state would be a beneficiary, nonetheless, of the Asean power grid, which would enable it to import low-carbon and renewable electricity to reduce its carbon emissions. Singapore’s National Climate Change Secretariat (NCCS) said the Asean power grid would maximise the region’s diverse renewable energy potential by matching renewable resource-rich areas with those that need to buy clean energy. “By doing so, it can reduce the region’s dependence on fossil fuels, increase resilience against fluctuations in global energy markets and make progress towards our decarbonisation targets,” the NCCS spokesperson added. But while the Asean power grid is undoubtedly a worthy project, directing climate finance to it would not be straightforward, as it would be considered an electricity transmission project, said Mr Beni. Whether transmission projects are considered to be green and contribute to reducing carbon emissions is still a question to be settled. “At the moment, climate finance for transmission infrastructure projects is still nascent, while the needs are huge,” he added. The Hoa Binh Hydropower Plant in Hoa Binh province, Vietnam. Singapore is laying the groundwork for the regional grid by committing to import 5.6 gigawatts of clean electricity from Cambodia, Vietnam and Indonesia. PHOTO: REUTERS South-east Asia: Between the devil and the deep blue sea South-east Asia is in a tricky position when it comes to receiving climate finance as stipulated by COP29. On the one hand, Myanmar, the Philippines, Thailand, Vietnam and Cambodia were, until 2019, among the 20 countries most exposed to climate risks, according to the Global Climate Risk Index, which is published by non-profit organisation Germanwatch. But South-east Asia is expected to continue its fast economic growth, accompanied by more greenhouse gas emissions, noted Dr Kim Jeong Won, a senior research fellow at ESI. This growth has reclassified many Asean nations as middle-income countries, reducing their eligibility for development financing, she added. Among the developing nations, the least developed countries and small island developing states are recognised as having the greatest need for support. Given the competition for funding, a significant gap already exists between the required investments and actual finance that the countries have received. For example, only 9.7 per cent of investments from the UN’s Green Climate Fund – the world’s largest fund of its kind – has been channelled to South-east Asia. Similarly, only 6.3 per cent of investments from the UN’s Adaptation Fund has been allocated to Asean countries, said Dr Kim. She added: “South-east Asian countries are expected to compete for limited bilateral and multilateral public funding with other low-income developing countries.” If they want to attract a greater share of private funding, it is vital that countries develop more innovative finance models and attractive climate-related projects, she noted. Ms Lau Xin Yi, sustainable finance lead for South-east Asia at the Carbon Trust consultancy, is looking at a newer type of finance tool called climate transition bonds. The proceeds from these bonds can be used for a wider range of decarbonisation projects, including those in hard-to-abate sectors such as steel, cement and petrochemicals. Despite guidelines to prevent greenwashing, Ms Lau noted that about 90 per cent of the transition bonds issued globally has been dominated by Japan’s issuances. “Climate transition bonds can help South-east Asia unlock more capital needed for its low-carbon transition. More capital will be channelled towards clean technologies, but how transition is achieved will vary across sectors and regions,” said Ms Lau. More incentives to protect Asean forests A bright spot at COP29 was an agreement on carbon trading , achieved after nearly 10 years of negotiations. Carbon trading is governed under a segment of the Paris Agreement known as Article 6, which was finalised at COP29. This means countries can trade carbon credits in two ways – either under a UN-managed carbon programme or through bilateral agreements. Singapore is currently collaborating with more than 20 countries in carbon markets, including the Philippines, Vietnam and Cambodia. With Article 6 in place, NCCS said countries that do not have their own national registry to transfer credits can also now use an international registry or receive support from the UN to create their own system. “This reduces the barriers to entry, encouraging more countries to start engaging in carbon markets cooperation, including with Singapore.” Mr Anshari Rahman, director of policy and analytics at Temasek-backed investment platform GenZero, said that carbon markets can unlock financing for deserving and untapped technology, and nature-based solutions in the region. South-east Asia, which is home to the world’s third-largest tropical forest basin after the Amazon and the Congo, would have more incentives to protect it, if it were to receive carbon credits arising from nature-based projects. South-east Asia is home to the world’s third-largest tropical forest basin after the Amazon and the Congo. PHOTO: THE NATURE CONSERVANCY Mr Olivier Levallois, founder of Hamerkop Climate Impacts, said some examples are a peat swamp conservation project in Indonesia’s Tanjung Puting National Park, and a carbon forestry programme in Timor-Leste that also benefits small-scale farmers. Singapore has also mandated that carbon project developers must contribute 5 per cent of their share of proceeds from carbon credits towards the host country’s adaptation efforts. This is another way of raising climate finance. “Considering Singapore’s position as a regional carbon trading hub, it should benefit from this early-stage excitement, with more project developers getting involved and capital flowing into carbon projects,” added Mr Levallois, who is also senior director at Chooose, a Norwegian company that helps airlines with their sustainable aviation fuel and carbon programmes. Mr Anshari noted that progress on Article 6 at COP29 helped to shore up market confidence for carbon markets, which have been under scrutiny for years. Mr Levallois said the next steps are to work towards carbon projects, set up regulatory frameworks and develop carbon monitoring methods. A crucial aspect of this process is to increase demand for credits. “The market needs to have stronger demand signal, and it is unclear yet whether companies will suddenly trust these (Article 6) mechanisms and make funding available to address their climate impacts,” he added. Mr Anshari said: “We are closely tracking the development of the infrastructure and tracking systems required to operationalise Article 6 decisions, and we expect to see meaningful progress in 2025 with the first few (carbon) projects to be registered under the (UN) by COP30 in Brazil.” Paying up for climate PHOTO ILLUSTRATION: ADOBE STOCK, LIM YONG At COP29, nations set an ambitious goal to channel US$1.3 trillion annually by 2035 to developing countries to help them reduce carbon emissions and deal with the impacts of climate change. The Straits Times breaks down the layers of finance needed to achieve this target based on insights from independent experts, who suggest raising US$1 trillion annually by 2030 as the first step. 1. Developed nations (US$80 billion to US$100 billion) 2. Multilateral development banks (US$240 billion to US$300 billion) 3. Voluntary contributors (US$30 billion to US$50 billion) 4. Innovative sources (US$140 billion to US$160 billion) 5. Private sector (US$450 billion to US$550 billion) SOURCES: INDEPENDENT HIGH-LEVEL EXPERT GROUP ON CLIMATE FINANCE, UN CLIMATE SUMMIT NEWS Find out more about climate change and how it could affect you on the ST microsite here. Read 3 articles and stand to win rewards Spin the wheel nowOpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’ By MATT O’BRIEN AP Technology Writer A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence “dictatorship” is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world’s richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk’s filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI’s CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence, or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI,” said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don’t want to control the final AGI, but during this negotiation, you’ve shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman’s desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk’s early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI’s board in early 2018. Musk didn’t immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives. (AP) — OpenAI CEO Sam Altman is planning to make (AP) — The Supreme Court on Friday said it would OpenAI's legal battle with Elon Musk reveals internal turmoil over Nearly half of American teenagers say they are online “constantly”
NoneBiden weighs preemptive pardons before leaving office
Manhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: White House press secretary Karine Jean-Pierre says “violence to combat any sort of corporate greed is unacceptable” and the White House will “continue to condemn any form of violence.” She declined to comment on the investigation into the Dec. 4 shooting death of UnitedHealthcare CEO Brian Thompson or reports that writings belonging to the suspect, Luigi Mangione, said insurance companies care more about profits than their customers. “This is horrific,” Jean-Pierre said of the fatal shooting of Thompson as he walked in Manhattan. He didn’t appear to say anything as deputies led him to a waiting car outside. “I’m deeply grateful to the men and women of law enforcement whose efforts to solve the horrific murder of Brian Thompson led to the arrest of a suspect in Pennsylvania,” Gov. Hochul said in the statement. “I am coordinating with the District Attorney’s Office and will sign a request for a governor’s warrant to ensure this individual is tried and held accountable. Public safety is my top priority and I’ll do everything in my power to keep the streets of New York safe.” That’s according to a spokesperson for the governor who said Gov. Hochul will do it as soon as possible. Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Not only am I a shopping writer, I’m also a fashion shopping writer. So when I’m out and about, my eyes are peeled for what people are wearing and what the stores are stocking and I keep seeing navy quite literally everywhere. Confirming its a full blown trend for fall 2024 is the fact that Meghan Markle wore it — but in a chic blazer style . The American Riviera Orchard founder was recently spotted on November 11, 2024 at the United Nations Global Ministerial Conference. Dressing appropriate for the occasion she put together a usually avoided fashion color combination — a black t-shirt and a navy Ralph Lauren blazer , accessorized with Ariel Gordon Royal Signet Stud Earrings . We’re loving her navy blazer pick for the season and it’s inspiring our own on-the-job style. Her pricey designer pick, coming in at $3,290, is a bit of a hit on the bank account. But what’s not is this similar version that’s just $49 on Amazon. Get the Genhoo Open Front Long Sleeve Blazer with Pockets for just $49 at Amazon! Please note, prices are accurate at the date of publication, November 25, 2024, but are subject to change. Get Markle’s polished and refined style for less with the Genhoo Open Front Long Sleeve Blazer . Like the Duchess of Sussex’s pick, it features a gold front button, relaxed fit, decorative front pockets and double lapel design. The only contrast is that it has a more casual feel with its folded striped cuffs, which to Us is a benefit because it makes it easier to style. It’s made of a polyester, rayon and spandex design, which makes it soft and durable with a little bit of stretch. This fabric blend is also beneficial because its machine washable — no trips to the dry cleaners here! A bonus is if you end up loving the style and fit of this blazer, it comes in many more colors to get as well. Choose from a selection of several colors like beige, plaid, burgundy and more, as well as sizes S to XXL. It has quite the fan base of shoppers as well, now with over 500 five-star ratings . One reviewer who called it a “great little blazer,” said that the “color is great, [the] quality is unbeatable and the fabric doesn’t wrinkle and [it can be] easily washed.” Because of this blazer’s casual feel, it can be worn with much more than just a pair of trousers — though that’s a great style too! For work, it can also be paired with a slip skirt and heels or even a basic beige dress and boots. It can also transition into casual cocktail hours as well, able to be paired with jeans, a t-shirt and some sneakers as well. And if you want to add some sneakers Markle loves to your look, add these Adidas Stan Smiths to your closet. Instead of breaking the bank for Markle’s actual blazer pick, try this more affordable version first! You can find it on Amazon now for just $49 and can get it in just two days when you have a Prime Membership . See it: Genhoo Open Front Long Sleeve Blazer with Pockets for just $49 at Amazon! Please note, prices are accurate at the date of publication, November 25, 2024, but are subject to change. Check our latest news in Google News Check our latest news in Apple News Looking for something else? Explore more from Genhoo here and more navy blazers here ! Don’t forget to check out all of Amazon’s Daily Deals for more great finds!