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2025-01-26
Next Social Security payment to reach only some retirees on Tuesday, December 3NEW YORK, Nov. 30, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Dentsply Sirona Inc. XRAY and certain of the company's senior executives for potential violations of the federal securities laws. If you invested in Dentsply, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/dentsply-sirona-inc . Investors have until January 27, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Dentsply stock. The case is pending in the U.S. District Court for the Southern District of New York and is captioned North Collier Fire Control and Rescue District Firefighters' Retirement Plan v. Dentsply Sirona Inc., et al. , No. 24-cv-09083. What is the Lawsuit About? Dentsply manufactures professional dental products. On December 31, 2020, Dentsply paid $1.04 billion to acquire Byte, a manufacturer of affordable, "doctor-directed," clear dental aligners. The complaint alleges that, during the relevant period, Dentsply touted the growth in Byte's business as well as Dentsply's ability to profitably generate revenue by converting members of Byte's "target demographics" into new patients. In truth, the complaint alleges that Dentsply targeted low-income people with underlying dental issues that were ineligible for treatment and Dentsply sold Byte aligners to contraindicated patients. The complaint further alleges that Dentsply knew that its Byte aligners were causing severe patient injuries but did little to investigate and had no systems in place to notify the FDA, contrary to regulation. As a result, Dentsply materially overstated the goodwill value of Byte. On October 24, 2024, Dentsply announced the "voluntary suspension of sales and marketing of its Byte Aligners and Impression Kits while the company conducted a review of certain regulatory requirements related to these products." Dentsply also disclosed that it "expects to record non-cash charges for the impairment of goodwill within the range of $450-$550 million" for its Orthodontic and Implant Solutions segment, with the decline in fair value for the Orthodontic Aligner Solutions reporting unit "driven primarily by adverse impacts from recent state regulatory trends pertaining to the Company's direct-to-consumer aligner business." During a "Byte business update call" CEO Campion gave more context about the Byte suspension: "[I]n connection with our ongoing discussions with FDA, we have determined that our patient onboarding workflow may not provide adequate assurance that certain contraindicated patients do not enter treatment with Byte Aligners." As a result of this news, the price of Dentsply stock fell more than 4%, from a closing price of $24.41 per share on October 24, 2024 to a closing price of $23.31 per share on October 25, 2024. Then, on November 7, 2024, Dentsply reported its financial results for the third quarter of 2024 during which it disclosed it had "recorded a non-cash charge for the impairment of goodwill of ($495) million net of tax within the Orthodontic and Implant Solutions segment." Dentsply also revised its 2024 outlook, with expected organic sales of "(3.5%) to (2.5%) (previously (1%) to flat)" and adjusted EPS of "$1.82 to $1.86 (previously $1.96 to $2.02)." CEO Campion disclosed that although Dentsply was "not at a point in our analysis to make a definitive decision concerning Byte," the company was "thoroughly evaluating strategic options, which may include a discontinuation of some or all of this business." This news caused the price of Dentsply stock to fall $6.72 per share, or more than 28%, from a closing price of $23.98 per share on November 6, 2024, to a closing price of $17.26 per share on November 7, 2024. Click here for more information: https://www.bfalaw.com/cases-investigations/dentsply-sirona-inc . What Can You Do? If you invested in Dentsply you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases-investigations/dentsply-sirona-inc Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs' Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com . https://www.bfalaw.com/cases-investigations/dentsply-sirona-inc Attorney advertising. Past results do not guarantee future outcomes. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.218 slots ph



Pep Guardiola has said his Manchester City side facing problems after giving up a 3-0 lead to draw 3-3 with Feyenoord in the Champions League on Tuesday. City went into the game with Feyenoord on the back of five consecutive games without a win. The Premier League champions looked set to halt the poor as they led 3-0 thanks to a goal from Ilkay Gundogan and a brace from Erling Haaland. But with 15 minutes left Feyenoord erased the 3-0 deficit to secure a 3-3 draw. ““We have problems, yes,” Guardiola said in his post match. “Three changes? The game is never over, but at 3-0, I could not see any danger.” Up next for City is a difficult trip to Anfield to face Premier League leaders Liverpool.

How US federal charges punctured the myth of Adani’s invincibility

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Washington, D.C., Dec. 03, 2024 (GLOBE NEWSWIRE) -- RAINN , the nation’s largest anti-sexual violence organization, today announced it has been selected as a winner of the 2024 Amazon Web Services (AWS) IMAGINE Grant , a public grant opportunity open to registered charities in the United Kingdom and Ireland and registered 501(c) nonprofit organizations in the United States who are using technology to solve the world’s most pressing challenges. The grant will support RAINN’s efforts to expedite access to trauma-informed support for sexual violence survivors of all ages, delivering critical interventions where people already communicate. Now in its seventh year, the AWS IMAGINE Grant provides vital resources to nonprofit organizations looking to deploy cloud technology as a central tool to achieve mission goals. As part of the program, AWS seeks proposals for big ideas on how to leverage cloud technology in new and innovative ways to accelerate impact in local and global communities. RAINN was named a winner in the Pathfinder – Generative AI category, which recognizes highly innovative, mission-critical projects that leverage generative AI. RAINN will receive up to $200,000 in unrestricted funding, up to $100,000 in AWS Promotional Credits, and implementation support from the AWS Generative AI Innovation Center . Proposals were judged on several factors including the innovative and unique nature of the project, impact on mission-critical goals, and clearly defined outcomes and milestones. RAINN will use AWS generative AI services to integrate RAINN’s National Sexual Assault Hotline and additional support mediums for survivors directly into social media, gaming, and social networking sites. Through this integration, RAINN aims to expedite access to trauma-informed support for sexual violence survivors of all ages, delivering critical interventions where people already communicate. “RAINN is honored to be a 2024-2025 Amazon Web Services IMAGINE Pathfinder recipient,” said Bill Bondurant , Chief Technology Officer for RAINN. “AWS enables RAINN support specialists to connect with survivors, especially those from vulnerable populations, where they are already communicating and may be most comfortable accessing support. Reaching out for help is already difficult, and removing barriers to accessing crisis support for survivors is a critical component of RAINN’s mission. Together, utilizing AWS services, we will help more survivors and work towards creating a world free from sexual violence.” "At AWS, we're inspired by the nonprofit sector's unwavering commitment to preserving the dignity and health of people and our planet," said Allyson Fryhoff, managing director of nonprofit and nonprofit health at AWS. "Our Imagine Grant winners are pioneering groundbreaking, technology-driven approaches that will amplify their mission impact and build a more equitable and compassionate world. We are thrilled to work alongside these organizations, helping them leverage the transformative capabilities of the AWS Cloud to bring these projects to life.” Since the launch of the IMAGINE Grant program in 2018, AWS has awarded over $14M in unrestricted funds, AWS Promotional Credits, and expert technical guidance to over 130 nonprofit organizations in support of their technology-driven goals. Previous winners are currently using AWS services to tackle critical challenges such as eliminating barriers to food security , improving maternal health outcomes , helping millions access clean and safe drinking water globally, tackling rare disease research, and more. Over 85,000 nonprofit organizations worldwide use AWS to increase their impact and advance mission goals. Through multiple programs tailored specifically to the nonprofit community, AWS enables nonprofits of all sizes to overcome barriers to technology adoption, while enhancing the scale, performance, and capabilities of mission operations. For more information on the AWS IMAGINE Grant, visit https://aws.amazon.com/government-education/nonprofits/aws-imagine-grant-program/ ### About RAINN RAINN , the nation's largest anti-sexual violence organization, created and operates the National Sexual Assault Hotline. RAINN also carries out programs to prevent sexual violence, help survivors, help organizations improve their sexual assault prevention and response programs, and ensure that perpetrators are brought to justice. If you or someone you know has experienced sexual violence, free, confidential help is available 24/7 by calling 800.656.HOPE (4673) or visiting hotline.RAINN.org . Contact: Erinn Robinson Director of Media Relations media@rainn.org Erinn Robinon Rape, Abuse, and Incest National Network (RAINN) 8133351418 ErinnR@rainn.org

Barely a day goes by without another report of a massacre in Mexico. Just last weekend, eight people were killed in a shooting in Apaseo el Grande, Guanajuato , and seven people were murdered in an attack in Jiutepec, Morelos . But despite the constant stream of bad news — cartel infighting in Sinaloa, turf wars in Guerrero , violence in the border region of the southern state of Chiapas , etc. — homicide numbers are, in fact, falling in Mexico, as highlighted by senior security official Marcela Figueroa Franco at President Claudia Sheinbaum’s morning press conference on Tuesday. During the second part of the federal government’s fortnightly security update, Security Minister Omar García Harfuch presented data on arrests and drug seizures since Sheinbaum took office on Oct. 1. Later in her Tuesday morning presser, the president herself responded to reporters’ questions on topics including a potential U.S. invasion of Mexico and the progress that has been made toward mining lithium in Sonora and other parts of the country. Figueroa Franco, head of the National Public Security System, presented preliminary data that showed there was a total of 2,234 homicides in November. She noted that there was an average of 74.5 murder victims every day last month. That was the lowest daily average for any month this year, although it’s likely that the figure will be revised upward. Figueroa also presented data that showed there was an average of 82.3 homicides per day in the first 11 months of 2024. She highlighted that the daily average was 6.9% lower than that recorded in 2023. Compared to 2018, when former president Enrique Peña Nieto was in office for the first 11 months of the year, the decline in homicides between January and November was 18.2%. #VideosLaJornada En el mes de noviembre se registraron en México 2 mil 234 homicidios dolosos, lo que representa un promedio mensual de 74.5, informó la titular del Secretariado Ejecutivo del Sistema Nacional de Seguridad Pública, Marcela Figueroa. https://t.co/nuoY2QsNov pic.twitter.com/7F7ZDSTzIv — La Jornada (@lajornadaonline) December 3, 2024 Figueroa told reporters that 49.5% of the homicides recorded in the first 11 months of the year — 13,463 of 27,558 — occurred in just seven states. Guanajuato was the most violent, accounting for 10.3% of all murders in Mexico this year, followed by Baja California, México state, Chihuahua, Jalisco, Guerrero and Nuevo León. Since Sheinbaum was sworn in on Oct. 1, Guanajuato has recorded the highest number of murders among Mexico’s 32 federal entities followed by Sinaloa, where a war between rival factions of the Sinaloa Cartel has claimed hundreds of lives in recent months . García Harfuch reported that 5,333 people were detained for ‘high-impact crimes’ such as murder and kidnapping between Oct. 1 and Dec. 1. He also said that 57.9 tonnes of drugs were seized in the period, not including more than 415,000 fentanyl pills. In addition, Mexican authorities confiscated 2,471 firearms in the two months after Sheinbaum took office, Harfuch said. Most guns used in violent crimes in Mexico are smuggled into Mexico from the United States . García said that the seizure of narcotics in Mexico over the past two months will ensure that “more than 50 million doses” of drugs don’t reach the streets, “preventing these substances from destroying families and communities.” “... Taking these weapons off the streets means less violence, less firepower for criminal organizations and more tranquility for Mexican families,” he added. “... These actions are designed to protect families and build peace in our country,” García said. Sheinbaum was once again asked about the possibility of the United States government sending the U.S. military into Mexico to combat cartels during the second Trump administration. “It won’t happen, there will be a good relationship with President Trump,” she said. “... There won’t be an invasion, that’s not a scenario we have in mind,” Sheinbaum reiterated. “And in any case, we have our national anthem ,” she added tongue-in-cheek. The lyrics of the anthem are bellicose in nature, urging Mexicans to defend their homeland amid any foreign invasion. More than two years after lithium was nationalized in Mexico and the state-owned company Litio para México (LitioMx) was created, no lithium has actually been mined in Mexico. But Sheinbaum assured reporters that LitioMx is working toward that goal. She noted that extracting lithium in Sonora and other parts of the country is complicated because “in contrast to South America, it’s mixed with clay here.” The Mexican Petroleum Institute and the National Council for Humanities, Science and Technology have developed methods to extract lithium from clay and LitioMx is looking at how those methods can be applied on a large scale, Sheinbaum said. She also said that LitioMx is looking at how much lithium will cost to mine in Mexico. “So we’re still working. ... We’re going to continue supporting LitioMx,” Sheinbaum said without specifying any date when lithium mining in Mexico might commence. By Mexico News Daily chief staff writer Peter Davies ( [email protected] )President-elect Donald Trump weighed in on a simmering feud among MAGA allies over H-1B worker visas, telling the New York Post that he supports the program, according to the outlet. Trump told the New York Post that he has “always liked the visas.” The H-1B visa program allows employers to temporarily hire non-U.S. citizens for highly skilled jobs. “I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. It’s a great program,” he said, according to the outlet’s report. A spokesperson for the Trump transition team did not immediately respond to a request for comment. During his first term, the Trump administration implemented rules that would have cut the number of H-1B visas issued each year. The rules, however, were ultimately struck down in court. In recent days, MAGA world has been embroiled in a debate over the program, with one faction defending the visas and another faction arguing that the program allows foreigners to take American jobs. Trump allies, including Elon Musk and Vivek Ramaswamy, argued in online posts that the visa program benefits the country. The latest news on Donald Trump's presidency Musk said in a post this week that “the number of people who are super talented engineers AND super motivated in the USA is far too low.” Musk, who was born in South Africa and is a naturalized U.S. citizen, said that the reason he and others who built SpaceX and Tesla are in the U.S. is because of the H-1B program. “Take a big step back and F--- YOURSELF in the face,” he said in a post . “I will go to war on this issue the likes of which you cannot possibly comprehend.” Musk said in a post to X that “those contemptible fools must be removed from the Republican Party,” later clarifying that he was referring to “those in the Republican Party who are hateful, unrepentant racists.” Musk’s posts came in reply to a post from Scott Adams, the creator of the “Dilbert” comic, who said “MAGA is taking a page from Democrats on how to lose elections while feeling good about themselves.” Separately, Ramaswamy, who is partnering with Musk to lead Trump’s nongovernmental Department of Government Efficiency, argued in a post to X that he hopes American culture again prioritizes “hard work over laziness.” Ramaswamy also said in a post to X on Friday that the H-1B visa program “is badly broken & should be replaced with one that focuses on selecting the very best of the best (not a lottery), pro-competitive (no indentured service to one company), and de-bureaucratized.” Republicans who criticized H-1B visas included far-right activists Laura Loomer and Steve Bannon. Former South Carolina Gov. Nikki Haley also weighed in, calling it “lazy” for the “tech industry to automatically go to foreign workers for their needs.” “Invest in our American workforce,” she said in a post to X on Friday. “We must invest in Americans first before looking elsewhere.” Musk also faced accusations of censoring critics after more than a dozen conservatives, including Loomer, said their blue badge verification on X had been revoked after they criticized Musk over his views on immigration. This story first appeared on NBCNews.com. More from NBC News:

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