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In the absence of clear answers from federal authorities about the reported drones that have mysteriously appeared in the skies over much of New Jersey and other parts of the Northeast in recent weeks, officials have begun banding together to pool resources and information in the hopes of preparing for what they described as “potential drone threats.” On Friday, almost 50 law enforcement professionals from 19 state, local and federal agencies gathered at Rutgers University for the inaugural meeting of a so-called “drone working group,” according to the New Jersey State Police, which co-hosted the event. Among the other groups represented were state police agencies in Connecticut, Delaware, Maryland, Massachusetts, New York, Pennsylvania and Virginia, as well as the Royal Canadian Mounted Police. Officials from two federal agencies — the Federal Aviation Administration and Naval Weapons Station Earle, a U.S. Navy base — also attended. A handful of non-law enforcement agencies, including the Network Contagion Research Institute, a nonprofit that assesses political threats and disinformation, were represented at the meeting. “The working group shared information, sifted fact from fiction, discussed drone and counter drone-technologies, addressed regulatory issues and the need for federal legislation, and explored online sentiment toward the sightings,” the state police reported in a news release. Officials also discussed the “potential drone threat to critical infrastructure and high-profile events,” including the 2026 FIFA World Cup. The tournament’s final will be held at MetLife Stadium in New Jersey that summer. The release suggested that the working group would continue to meet, with the goal of being able “to draft a collaborative action plan, develop an interagency communication protocol, and identify training needs and equipment priorities,” according to John Farmer, director of the Miller Center for Policing and Community Resilience. Since the first sightings were reported in Morris County on Nov. 18, authorities have repeatedly emphasized the lack of evidence that the drones pose any kind of national security or public safety threat. The White House has said that the majority of the 5,000 sightings so far reported to the FBI have actually been legal drones, manned aircraft, helicopters, and even distant stars. Approximately 100 of those reports were deemed worthy of further investigation, a joint statement from the FBI, Department of Homeland Security, FAA and Department of Defense said earlier this month. The FBI and the Department of Homeland Security, neither of which was represented at the Rutgers meeting, continue to investigate the matter, as do state officials. Meanwhile, drone flights remain temporarily banned in 22 parts of New Jersey and 30 parts of New York through the middle of next month, an order imposed by the FAA at the request of federal security agencies. Authorities have also warned against pointing lasers at suspected drones, with accidental strikes on airplanes up 269% in New Jersey this month. Stories by AJ McDougall Body found in N.J. forest was in a refrigerator, police say N.J. community college professor charged with sexual contact, harassment of student N.J. educator scores ‘Superintendent of the Year’ honor after nearly 50 years in schools Thank you for relying on us to provide the local news you can trust. Please consider supporting NJ.com with a voluntary subscription. AJ McDougall may be reached at amcdougall@njadvancemedia.com . Follow her on X at @oldmcdougall.Capital Clean Energy Carriers Corp ( NASDAQ:CCEC – Get Free Report )’s share price gapped down prior to trading on Friday . The stock had previously closed at $18.68, but opened at $18.20. Capital Clean Energy Carriers shares last traded at $18.20, with a volume of 603 shares. Analysts Set New Price Targets A number of research firms recently issued reports on CCEC. Evercore ISI initiated coverage on shares of Capital Clean Energy Carriers in a research note on Thursday, September 5th. They issued an “outperform” rating and a $22.00 target price on the stock. Fearnley Fonds raised Capital Clean Energy Carriers to a “strong-buy” rating in a research report on Thursday, October 10th. View Our Latest Stock Analysis on CCEC Capital Clean Energy Carriers Stock Down 1.0 % Capital Clean Energy Carriers Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.60 annualized dividend and a yield of 3.24%. Capital Clean Energy Carriers’s dividend payout ratio is 46.15%. Institutional Investors Weigh In On Capital Clean Energy Carriers A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC acquired a new position in Capital Clean Energy Carriers Corp ( NASDAQ:CCEC – Free Report ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,376 shares of the company’s stock, valued at approximately $195,000. About Capital Clean Energy Carriers ( Get Free Report ) Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers. Read More Receive News & Ratings for Capital Clean Energy Carriers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Clean Energy Carriers and related companies with MarketBeat.com's FREE daily email newsletter .
Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Ford to give $1 million for Trump inauguration National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | Pressley praises Biden’s death row commutations, urges more action National Politics | Healey vs. ICE: Massachusetts’ sanctuary status under fire But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.
Closing marks second significant acquisition from RA Capital's Raven incubator in 2024, and first acquisition of a company built by Raven from a technology platform in-licensed from a large pharmaceutical company BOSTON , Dec. 11, 2024 /PRNewswire/ -- RA Capital Management, LP (RA Capital), a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies, today announced that AbbVie has closed its $1.4 billion acquisition of RA Capital's portfolio company Aliada Therapeutics. Aliada's lead investigational asset is ALIA-1758, an anti-pyroglutamate amyloid beta (3pE-Aβ) antibody, which is in development for the treatment of Alzheimer's disease and is currently in a Phase 1 clinical trial. ALIA-1758 utilizes a novel blood-brain barrier-crossing technology that enhances delivery of targeted drugs into the central nervous system. Johnson & Johnson (through its venture capital arm, Johnson & Johnson Innovation – JJDC, Inc.), RA Capital, and Raven (RA Capital's healthcare incubator) co-founded Aliada and co-led the series seed financing in 2021 to advance the MODELTM platform created by Johnson & Johnson scientists that was licensed to Aliada at its inception. "Congratulations to the Aliada and AbbVie teams and our fellow investors on the close of this transaction," said Joshua Resnick , MD, Senior Managing Director at RA Capital Management and former board director at Aliada. "The acquisition of Aliada is the second significant acquisition of a Raven-grown company this year, joining Novartis' $1 billion upfront acquisition of radiopharmaceutical developer Mariana Oncology in May." "Delivering therapeutics across the blood-brain barrier with a low-volume, subcutaneous injection would be revolutionary for treating Alzheimer's disease and other neurological disorders, and has long been a dream in the field," said Laura Tadvalkar , PhD, Managing Director at RA Capital Management and former board chair at Aliada. "We look forward to following ALIA-1758's progress through the clinic, as AbbVie advances this important medicine for Alzheimer's disease patients." About Raven Raven is RA Capital Management's healthcare incubator. Raven's experienced team of scientists, operators, and innovators bring deep sector expertise, insight and executional capabilities across therapeutics, diagnostics, devices, and services. Raven builds companies: from originating and incubating new ideas to accelerating compelling innovations and rejuvenating promising assets. About RA Capital Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital's knowledge engine is guided by our TechAtlas internal research division, and Raven, RA Capital's company creation team, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined. RA Capital has more than 175 employees and over $10 billion in assets under management. The companies presented herein were selected to demonstrate a potential successful outcome of a company being incubated within our Raven incubator. They are not intended to represent a complete picture of RA Capital's portfolio, its exposures, risks or potential for positive or negative returns. Past performance is not indicative of future results. View original content to download multimedia: https://www.prnewswire.com/news-releases/ra-capital-management-announces-close-of-1-4-billion-acquisition-of-aliada-therapeutics-by-abbvie-302329567.html SOURCE RA Capital Management, LP
North Carolina’s GOP-controlled legislature erodes incoming Democrats’ political powers - CNN
For some, politics isn't off the table at Thanksgiving. It's just not welcome.Daizen Maeda kept Celtic’s Champions League charge going by getting them a point against Club Brugge. The Japanese winger’s second-half strike earned the Hoops a draw to take their tally to eight in the group stage. Brugge - who were the better team at Parkhead - had threatened to defuse Brendan Rodgers’ side by taking the lead through a calamitous Cameron Carter-Vickers OG. But the manager had asked for the 'power of Celtic Park' to surge them on - and Maeda provided the vital spark they needed. His goal keeps Rodgers' men in a good position to qualify for the knock-out phase ahead of their next Champions League test away to Dinamo Zagreb. They may have dropped a few places in the table, but they've gained a point and are one closer to reaching the knockout stage with at least one winnable home match left. Here's five talking points from Parkhead: Celtic have become renowned for their lightning quick starts in games at Parkhead, especially in the Champions League this season. But when it came to flying out the traps Club Brugge were too fast for Brendan Rodgers’ side. Right from the off here, the Belgians were rapid. They got at Celtic from the first whistle and didn’t allow them to settle into a rhythm. They pinned the Hoops into their own half, and were first to every loose ball in the opening period. Their passing was crisp and decisive - and when they didn’t have the ball, they hounded green and white shirts to get it back. They had clearly watched the RB Leipzig game here a few weeks ago and decided they weren’t going to suffer the same fate. Brugge’s start took Celtic by surprise and Rodgers’ men looked shell-shocked for most of the first half. It was a lesson for other opposition sides in how to nullify the team early on and defuse their usual electrifying starts. We’re used to seeing the Celtic huddle before every game but it’s rare to see it DURING 90 minutes. But that’s what happened as Callum McGregor and Co tried to work out why they were being completely outplayed by Brugge in the opening 45 minutes of this Champions League clash. When Cameron Carter-Vickers scored a calamitous own goal midway through the half, keeper Kasper Schmeichel was helpless. But credit to the experienced Danish stopper. As soon as the ball hit the back of the net, he was out of his box to meet McGregor and summon the rest of his team-mates. That resulted in an impromptu huddle, while the Belgians were celebrating going ahead. Between Schmeichel and the Celtic captain, they were vocal in trying to organise and cajole a group of players who looked lost at that point. Their message was loud and clear and Rodgers’ squad leaders deserve credit for showing initiative. But it was clear evidence of just how dominant Club Brugge were in that first half. TV crews were asking Celtic fans outside the ground before kick-off for score predictions, with every man, woman and child confidently predicting a home win. We were all guilty of it, fans, pundits and commentators alike, in terms of writing off Club Brugge before a ball was kicked. After dismantling RB Leipzig here last time out, of course, there was a degree of optimism going into this one. But we should all have known better as the Belgians proved why the Champions League is the most unforgiving competition on the planet. Nicky Hayen’s team aren’t glamorous with star-studded names in their lineup But they proved in the first half at Parkhead just how good they are. Hayen’s game-plan worked a treat early on, with skipper Hans Vanaken key to it. He played right on top of Callum McGregor, stopping Celtic’s man man from dictating the game. Instead, Ardon Jashari and Raphael Onyedika orchestrated proceedings from deep in Brugge’s midfield - against a duo of Reo Hatate and Arne Engels, who were ineffective. It’s still early in Engels’ Celtic career but the £11 million man is going through a rough patch in terms of his form. The Belgian midfielder enjoyed a terrific start at Parkhead when he joined from Bundesliga outfit Augsburg. But at the moment the 21-year-old looks short of confidence and it was evident again here. Rodgers has real faith in Engels and that’s why he broke Celtic’s club record fee to get him in during the summer. He was bought to add strength, power, physicality and goals to their midfield and when he arrived initially, he seemed to slot in seamlessly. But in recent weeks, Engels has gone off the boil. He’d have been desperate to impress against his countrymen in the Champions Leagu but he made very little impact - and was hooked after an hour. As Celtic’s midfield trio played second fiddle to Brugge for most of the night, Engels couldn’t influence it. Too often, he took the safe option with his passing and very rarely bombed forward to get into the opposition box. It’s Rodgers’ job now to reinvigorate him at Parkhead and thankfully for the Celtic support, that’s one of the manager’s main strengths. You might find Paulo Bernardo gets a few more starts in his engine room. But he won’t be happy until he’s got Engels firing again. Before Celtic equalised against Brugge, Rodgers must have been thinking about taking Daizen Maeda off. The Hoops winger had been ineffective for most of the match up against right-back Joaquin Seys. Maeda had used his pace to run him a couple of times early on but the defender did well to match him and nullify his threat. As the hour mark approached, the Celtic gaffer would have been considering a change with the likes of James Forrest available from the bench. But when this team needs a spark or bolt of energy, it’s usually Maeda who supplies it. And that was the case against the Belgians here. Their very own Japanese Duracell latched on to an Alex Valle pass, brilliantly turned inside his man and curled a stunning effort beyond keeper Simon Mignolet. The goal brought the house down at Parkhead and boy did they need a moment of inspiration? On a night where very little went their way, Maeda proved he’s a man for the big occasion with a goal out of nothing. It was the jolt Celtic needed at a crucial time in the game. And a short while after it, Rodgers eventually did take him off with Forrest replacing him.