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WASHINGTON (AP) — The House shut down Democrats' efforts Thursday to release the long-awaited ethics report into former Rep. Matt Gaetz , pushing the fate of any resolution to the yearslong investigation of sexual misconduct allegations into further uncertainty. The nearly party-line votes came after Democrats had been pressing for the findings to be published even though the Florida Republican left Congress and withdrew as President-elect Donald Trump’s nominee for attorney general. Rep. Tom McClintock, R-Calif., was the sole Republican to support the effort. Most Republicans have argued that any congressional probe into Gaetz ended when he resigned from the House. Speaker Mike Johnson also requested that the committee not publish its report, saying it would be a terrible precedent to set. While ethics reports have previously been released after a member’s resignation, it is extremely rare. Shortly before the votes took place, Rep. Sean Casten, D-Ill., who introduced one of the bills to force the release, said that if Republicans reject the release, they will have “succeeded in sweeping credible allegations of sexual misconduct under the rug.” Gaetz has repeatedly denied the claims. Earlier Thursday, the Ethics panel met to discuss the Gaetz report but made no decision, saying in a short statement that the matter is still being discussed. It's unclear now whether the document will ever see the light of day as lawmakers only have a few weeks left before a new session of Congress begins. It's the culmination of weeks of pressure on the Ethics committee's five Republicans and five Democrats who mostly work in secret as they investigate allegations of misconduct against lawmakers. The status of the Gaetz investigation became an open question last month when he abruptly resigned from Congress after Trump's announcement that he wanted his ally in the Cabinet. It is standard practice for the committee to end investigations when members of Congress depart, but the circumstances surrounding Gaetz were unusual, given his potential role in the new administration. Rep. Michael Guest, R-Miss., the committee chairman, said Wednesday that there is no longer the same urgency to release the report given that Gaetz has left Congress and stepped aside as Trump's choice to head the Justice Department. “I’ve been steadfast about that. He’s no longer a member. He is no longer going to be confirmed by the Senate because he withdrew his nomination to be the attorney general,” Guest said. The Gaetz report has also caused tensions between lawmakers on the bipartisan committee. Pennsylvania Rep. Susan Wild, the top Democrat on the panel, publicly admonished Guest last month for mischaracterizing a previous meeting to the press. Gaetz has denied any wrongdoing and said last year that the Justice Department’s separate investigation against him into sex trafficking allegations involving underage girls ended without federal charges. His onetime political ally Joel Greenberg , a fellow Republican who served as the tax collector in Florida’s Seminole County, admitted as part of a plea deal with prosecutors in 2021 that he paid women and an underage girl to have sex with him and other men. The men were not identified in court documents when he pleaded guilty. Greenberg was sentenced in late 2022 to 11 years in prison. ___Sinn Fein actively pursuing route into government, insists leader McDonaldTeam NI Commonwealth chief says Ulster Banner linked to race hate as he sets out rationale for dropping the flag
'We Really Don't Get Civic Sense': NRI Slams Indian Family For Being 'Very Loud' Onboard Finland Train, Netizens ReactAlex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg
NoneNumber of seats: 4 Seats filled: 1 10pm: Mr Donohoe, Fine Gael Minister for Public Expenditure, said the main theme of the election is "one of the centre holding", describing Sinn Féin as "the weakest opposition party in Europe". He told reporters at the RDS in Dublin: "I think we're on the verge of a very, very positive election for the party and a very, very strong electoral performance." On the potential election of Gerard Hutch in his constituency, he said: "I think it's worth noting that the vast majority of people in Dublin Central have not voted for him, and the vast majority of voters in Dublin Central have chosen to put their votes behind other candidates and we will have to reflect in due course regarding why he performed like he did, but the big picture today is one of the centre holding, that's the big picture. "The big picture is, at a time in which incumbent governments all over Europe are struggling to get re-elected, the two larger parties within this government, in particular Fine Gael, are going to deliver a very strong performance." Referring to Sinn Fein he added: "It's now very evident that they're the weakest opposition party in Europe." 9.30pm: Clare Daly has been eliminated in Dublin Central after the fourth count. Mary Lou McDonald has already been re-elected. Gerrry 'The Monk' Hutch is now looking very likely to take the fourth seat, after Paschal Donohoe and Gary Gannon. Fine Gael's Paschal Donohoe and Gary Gannon of the Social Democrats also look secure to win seats 8.30pm Sinn Fein leader Mary Lou McDonald has been elected on the third count in Dublin Central. There were loud cheers from supporters as her election was announced. 7.47 pm After two counts in Dublin Central Mary Lou McDonald is nearly across the line for the first seat. She needs 41 more votes, and seeing how her running mate Janice Boylan has been eliminated she will benefit from her transfers. Also eliminated now are Andrew Kelly (Centre Party Ireland), and Ian Noel Smyth (Aontu) 7.30pm: After Count 2, Mary Lou McDonald's running mate Janice Boylan has been eliminated. Full results after the second count, with no one yet elected: McDonald, Mary Lou (SF) 6,510 Donohoe, Paschal (FG) 5,569 Gannon, Gary (soc Dems) 4,397 Hutch, Gerard (Ind) 3,187 Sherlock, Marie (LAB) 2,505 Fitzpatrick, Mary (FF) 2,427 Hourigan, Neasa (Green) 1,986 Steenson, Malachy (IND) 1,955 O’Ceannabhain, Eoghan (PBP/SOL) 1,497 Daly, Clare (Ind 4 Change) 1,367 Boylan, Janice (SF) 1,295 Eliminated this round: Janice Boylan (SF) Mary Lou 6.30pm Sinn Féin leader Mary Lou McDonald has topped the first count votes in Dublin Central but no candidate has yet been elected in the constituency as no one has yet reached the quota. Gerry 'The Monk' Hutch is currently in fourth place, after Paschal Donohoe and Gary Gannon. Things are not looking good for sitting Green TD Neasa Hourigan in the four seater, polling 1952 first preference votes. Full results: Mary Lou McDonald 6389 Paschal Donohoe FG 5493 Gary Gannon - Soc Dems - 4353 Gerard Hutch - Independent - 3098 Marie Sherlock Lab 2465 Mary Fitzpatrick FF 2344 Neasa Hourigan Green 1952 Malachy Steenson - Non party - 1602 Eoin O Ceannabhain PBP 1471 Clare Daly Indepdents for Change 1317 Janice Boylan SF 1257 Eliminated Ian Noel Smyth Aontu 715 Andrew Kelly Centre Party 298 The second count has now commenced, with the eliminated candidates' votes being redistributed according to preferences. 5.30pm Sinn Féin leader Mary Lou McDonald said her party had delivered an “incredible performance” in the general election. She made clear she wanted to engage with other parties about the “possibilities of government”. Ms McDonald arrived at the count centre in the RDS in a very positive mood ahead of the first official Dublin counts. The first thing I want to say is to acknowledge every single person right across the state who came out to vote for Sinn Féin,” she told reporters in the RDS count centre in Dublin this evening. Mary Lou McDonald (right) and deputy Michelle O'Neill (centre) arrive at the RDS (Photo credit should read: Brian Lawless/PA Wire) “You have given us again a powerful and a strong mandate, and we understand the trust that you have placed in us to make life better for you, and we are determined to do just that. This has been really an incredible performance by all of our candidates, by Sinn Féin across the state. “Over a short number of weeks we have achieved a result that many people a few weeks ago would have thought impossible. So thank you. Thank you to every single person who voted for us. “I said in the course of the campaign that I believe another five years of Fine Gael and Fianna Fáil is bad news for our society, for our communities, for families who are struggling, for our housing crisis, which is deepening, and nobody should miss the record homeless numbers that we saw on election day itself. “We’re now at a really important decision point for Irish society and politics, and we need change. “We intend when the votes are counted and when we know th e lie of the land, we will be talking to people about the possibilities of government. “I do not want to see another five years of the kind of chaos, the kind of disregard that we have seen under Fine Gael and Fianna Fail. I think that is a bad outcome for our society.” Speaking to Newstalk later, Ms MacDonald was asked if she had a message for Gerry “The Monk” Hutch: “Not particularly,” she said. "This is a democratic system; the people make the call. If he is a representative of the people to the Dáil he will have the same rights and responsibilities as the rest of us. “I look forward to and hope to be working with other colleagues on the left in the Dáil”, she added. 5.07pm Independent 4 Change candidate Clare Daly, who polled poorly in Dublin Central, said the fact that Gerry Hutch did well was an anti-establishment vote that could bring a needed focus on the area. “It’s incredibly interesting. It’s not a place I would have wanted to be obviously but I think we’ve seen the massive galvanising of that anti-establishment vote around the candidacy of Gerard Hutch,” she said. “I think all progressive Independents across Dublin probably suffered a little bit in favour of the parties as well, so it left me where I am.” “There’s huge goodwill out there and all the rest but I’m not going to get to see the benefit of all of the massive transfers that we got, but that’s life and I think it has put the world’s attention and the country’s attention on a constituency that has been so badly neglected, and for me that’s a really good thing.” “I hope that attention can be maintained and the people in this wonderful area can get the attention that they so badly deserve and haven’t got,” she added. Asked if she welcomes the fact that Hutch appears to have the level of support he has, Ms Daly said the fact that he is there in the constituency will focus attention on it. “The challenge will be to him to build on that. I do believe the constituency needs that. I don’t see him being a national parliamentarian or a legislator per se, which is part of the job, but if elected he could, if the will was there, really keep a focus on an area that has been left behind and is crying out,” she said. “There are so many people in that community trying their best. It is an incredibly diverse constituency with a lot of division within it.” “Let’s see what happens. Either way the constituency has spoken and by voting for Gerard Hutch in such numbers they’ve sent that signal anyway, and the political establishment should take note,” she added. 1.57pm Social Democrats candidate Gary Gannon has said he is humbled by the vote in Dublin Central. “I'm humbled and also determined to vindicate that over the course of the next five years. We've done a massive amount of work in Dublin Central. In terms of the work that we are doing on the ground, the strength of conviction we have bringing through issues in the Dail that was really starting to come back for us, and we were picking up a lot of momentum in Dublin Central. And I think today you'll see the results of that,” he said. Asked about the effect that Gerry Hutch had being on the ballot paper, Gannon said it was something that “none of us expected”. “He came in and he got a lot of media with this announcement, and that's going to be expected. But I think, for me, it's not just about what happens and who takes the fourth seat. I think it's a reflection of the fact that there's a lot of hurt, there's a huge amount of pain. I mean, that period of austerity in 2011 to 2016 destroyed the fabric of communities, and you're still seeing the tentacles of that now,” he added. “I appreciate what the headlines will be today and tomorrow, but I do encourage everybody to go beyond them and look deeper. Because when people are hurting to the extent that they are in, some of the communities that I represent the length and breadth of Ireland, and you're going to see outcries of that, and it'll manifest in different ways. And I think we're seeing one manifestation of that today,” he said. Asked if he thought the Hutch vote was a protest vote he said he didn’t think so. Soc Dems leader Holly Cairns gave birth to her first baby yesterday as the nation went to the polls, and Gary Gannon was delighted for her. “For me, I just want to say how in awe I am of Holly Cairns. She's not only our leader, she's my friend. She is somebody that has took the reins of this party two exceptional TDs in Catherine Murphy and Roisin Shortall, and she's really brought us on,” he explained. Regarding future plans and possible negotiations for government, he said the next step is to see exactly what's in the boxes. 1.30pm Independent candidate Malachy Steenson has said it looks like Mary Lou McDonald will take the first seat in Dublin Central, followed by Paschal Donohoe, and Gary Gannon for the Social Democrats will take the third seat. The battle for fourth seat could be between Gerry Hutch (Ind), Marie Sherlock (Lab) and Mary Fitzpatrick (FF) in his opinion. He thinks Sherlock may take it on likely transfers. The Monk is in the mix as Malachy Steenson gives his view on the tallies from Dublin Central “It’s a disappointing day for the Nationalist movement but it shows what acres of media coverage can do for a celebrity candidate,” he said in reference to Gerry Hutch’s entry. “The media have to look at the role they have played in this election in excluding people they didn’t agree with. Sadly, the people will pay the price,” he told the Irish Independent. 12pm With practically all the boxes tallied in Dublin Central the news of the day is how well convicted criminal Gerry Hutch has polled. From the outset he was doing well on tally sheets from his own inner city areas like North Strand, and there was an expectation among some of the tally crews that this would change as more boxes were opened. But his vote was strong across the city, and when it comes to the first count he looks destined to come fourth. Transfers in later counts will erode this, but the fact that he has featured so strongly has surprised many. Sinn Fein leader Mary Lou McDonald will top the poll on around 20pc it appears, followed by Fine Gael’s Paschal Donohoe on around 17pc. Gary Gannon of the Social Democrats is polling in third place at 13pc followed by Hutch on 9pc. The fact that Hutch entered the race in the first place will have hurt the ambitions of right wing candidate Malachy Steenson, and Independent 4 Change Clare Daly, who are in ar around the 5pc mark. The Green Party’s Neasa Hourigan’s ambitions to retain her seat appeare to have taken a bruising, with the tallies indicating 6pc of the vote. Transfers will play around with the placings a lot, but this constituency is one to watch today. Read more
The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average consumer — state and local governments stand to benefit, too. Lower interest rates may bring changes for housing development, tax revenue, debt refinancing and bread-and-butter projects like roads, water and sewer, state and local government officials told States Newsroom. The Fed’s cut earlier this month followed an aggressive rate-hiking campaign to beat down inflation, and it came years after the last time the U.S. central bank lowered interest rates. Key borrowing rates now stand at 4.5 to 4.75%, and inflation has cooled to 2.7%. Economists expect another rate cut in December. “On average, the lower the interest rates are expected to help stock market returns if historical trends hold,” said Liz Farmer, who focuses on budgets, fiscal distress, tax policy and pensions at The Pew Charitable Trusts. “So generally, you would expect a more positive effect on your average pension portfolio that has a good amount invested in equities.” This change means states and localities will have lower borrowing costs, which will make it easier to make big long-term changes in infrastructure, to see higher sales tax collections as a result of more spending, and it is likely to result in better pension performance in an environment where stocks tend to respond to lower rates, fiscal policy experts at Pew say . In 2021 and 2022, states had record high revenue growth due in part to federal pandemic aid and the impact of the federal aid on workers and businesses, according to Pew. But that kind of growth was unsustainable. Recently, nearly all states have entered into a slower revenue growth environment, said Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, a professional membership group for budget and finance officers. More than three dozen states had a fall in revenue in fiscal year 2023, Pew’s analysis found. At least five states experienced budget shortfalls in fiscal year 2024, the think tank explained. “States overall are remaining in a strong fiscal position. It’s just that we’re starting to see slower growth compared to what we did see for those a couple of years after the start of the pandemic,” he said. “That was really a unique set of circumstances where we had the additional federal aid provided by all the different COVID relief bills and at the same time where state revenue growth was growing so strongly, and that led to very strong growth in tax collections.” Sigritz said that states, which have to almost entirely use borrowing for infrastructure and capital projects, will benefit from lower borrowing costs as a result of the Fed rate cuts. David Schmiedicke, finance director for the city of Madison, Wisconsin’s finance department, said he’s hopeful that the lower cost of borrowing will reduce the cost of public infrastructure when seeking construction bids. “We’re seeing a lot of development, even with the higher rates. Madison is an attractive place to live. People from around the country are moving here,” he said. Rebecca Fleury, the city manager for Battle Creek, Michigan, said interest rates affect key services the public relies on, including fire departments. “[Interest rates] have an impact on our ability as a city of 52,000 to provide the full services that we do. Every little bit impacts us, because we have to buy fire trucks,” she said.“If there’s a decrease in one of our three largest revenue sources, we feel it.” But there are both pluses and minuses to the cut in the federal funds rate, Schmiedicke said, as it brings down the interest income states receive. “It probably will reduce the amount of investment income the city receives on its cash balances. We saw that go up dramatically in 2022 and 2023, so that’ll probably come down as the Fed cuts rates,” Schmiedicke said. Different tax policies also change how states and localities experience the Fed rate cuts. H.D. Palmer, deputy director for external affairs and principal spokesman on fiscal and financial issues for California Gov. Gavin Newsom, said that the lower interest rates are overall positive for the nation’s largest state because of the concentration of technology firms there, its progressive tax rate, and the taxing of capital gains and stock options as personal income. “When the markets are doing well, those types of firms that are concentrated in California do well and in consequence, our revenues do well,” Palmer said. The Alabama Department of Finance told States Newsroom that it is closely following the Fed’s actions as it “closely follows all actions that could impact our citizens and the State’s revenues.” But the state agency said it may take some time to see any of the effects of recent rate cuts. “While recent changes in the federal funds rate may lead to increased state revenues, absent a significant change in the rate, the impact on revenues and expenditures would not likely be seen immediately. We will continue to monitor and assess all economic indicators to ensure steady, sustainable, conservative growth for the benefit of all Alabamians,” the department said in a statement. Schmiedicke said Wisconsin is very reliant on property taxes because although state law allows a statewide sales tax and counties can impose a 0.5% sales tax, cities other than Milwaukee have not been able to do so. The state also has strict limits on property tax increases. “We could see more development in the city and that could definitely help with our overall property tax base, as well as if it results in more travel and room taxes,” he said. As states and localities wrestle with how to provide more affordable housing, with nearly half of renters having to spend more than 30% of their income on housing, lower interest rates could help spur more building. Fleury said the costs of loans and labor and materials has been “astronomical,” making it hard for developers to build. Although she said Battle Creek would love to take advantage of Low Income Housing Tax Credits, it’s challenging to fund projects. “I think that a lower interest rate could really help us get farther along in our housing plans,” she said “If you can’t get your project to pencil within what they’re able to fund or finance, we just never make the list.” Despite lower interest rates creating a better environment for affordable rent and homes, states will likely continue to spend a lot of energy on housing programs, Sigritz said. Governors’ budget proposals and state of the state speeches have prioritized affordable housing more and more in the past few years, he said, and he expects this to continue. “Housing affordability is not an issue that’s going to go away overnight, and there’s still a need for more housing,” Sigritz said. “It takes a while to build additional housing even in the lower-interest environment.” This story originally appeared at kentuckylantern.com. Before you go.... 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The last six years have landed Canadian Kurtis Rourke firmly in the U.S. college football limelight. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! The last six years have landed Canadian Kurtis Rourke firmly in the U.S. college football limelight. Read unlimited articles for free today: Already have an account? The last six years have landed Canadian Kurtis Rourke firmly in the U.S. college football limelight. The 24-year-old Oakville, Ont., native will lead the upstart Indiana Hoosiers (11-1) into South Bend, Ind., to face the Notre Dame Fighting Irish (11-1) on Dec. 20 to open American university football’s expanded playoff bracket. Rourke transferred to Indiana last December to boost his NFL draft stock after five years at Ohio University, where he began as a backup to his older brother, Nathan, then captured the 2022 MAC offensive player of the year award despite suffering a season-ending knee injury before heading to Indiana after the 2023 season. A win over Notre Dame would extend Indiana’s stellar campaign while a loss would mark the end of Rourke’s collegiate career. “Having six years is something not many people can say,” Rourke told Canadian reporters Wednesday. “(It has been) very much a roller-coaster but I’m just grateful. “I’ve had four surgeries in college and only missed a handful of games. That’s the biggest thing I come back to, that I’ve been so lucky to still play and have an opportunity to play (maybe) four more games and hopefully at a professional level.” The six-foot-five, 223-pound Rourke will be eligible for the ’25 NFL draft. Rourke has played a big role in Indiana — traditionally known as a basketball school — emerging as a Big Ten contender in head coach Curt Cignetti’s first season. Rourke completed 202-of-287 passes (70.4 per cent) for 2,827 yards with 27 TDs and just four interceptions in 11 games and last week was named a finalist for the Manning Award, given annually to American college football’s top quarterback. The only blemish on Indiana’s record was a 38-15 loss to Ohio State before 105,751 spectators in Columbus, Ohio, on Nov. 23. Rourke was eight-of-18 passing for 68 yards in that contest and sacked five times. It’s that experience Rourke and the Hoosiers are drawing upon as they prepare to visit Notre Dame Stadium, which has a seating capacity of roughly 77,000 but held 84,000 spectators for a 2018 Garth Brooks concert. “I don’t know if it will be as crazy or as hostile an environment as Ohio State ... but I do expect it to be a pretty good environment,” Rourke said. “We have some plans in place with the silent count if we need at any point to go to ... but ultimately just learning from the experience of Ohio State to handle it individually as well as an offence.” Former CFL player Tino Sunseri is Indiana’s quarterback coach/co-offensive co-ordinator. Sunseri spent three seasons with the Saskatchewan Roughriders (2013-15), winning a Grey Cup as a rookie. Reaching the expanded playoff format in Cignetti’s first season is a huge accomplishment for Indiana. But the school reportedly added 31 players via the transfer portal before the 2024 campaign. When asked how he appealed to incoming players, Cignetti said, “It’s pretty simple, I win. Google me.” Cignetti came to Indiana after posting a 52-9 record over five seasons at James Madison. Rourke said Hoosiers’ players draw inspiration from their brash head coach. “Seeing your head coach on a national stage say what he said, ‘Google me,’ ... that just shows how confident he is in himself and the coaches,” Rourke said. “And that just makes us feel like, ‘Yeah, we’re coming along with you coach.’ “As the season went on we were like, ‘Yeah, we can do this.'” Rourke suffered a right thumb injury that required surgery in Indiana’s 56-7 win over Nebraska on Oct. 19. Fortunately, he missed only one start (31-17 victory over Washington) and returned to throw four TD passes in 47-10 decision over Michigan State on Nov. 2. “My thumb feels 100 per cent now,” Rourke said. “It was hard missing that Washington game ... but I knew the team would have my back.” It’s no surprise Rourke has leaned upon his brother throughout his college tenure. The two are very close and Rourke said he began playing quarterback after watching Nathan do so growing up. Nathan Rourke rejoined the Lions in August after spending time in the NFL with Jacksonville, New England, Atlanta and the New York Giants. “We’ve been able to talk about ball but (also) life,” the junior Rourke said. “Just having someone who’s done it, who’s been through the college experience, been through the NFL experiences and now the CFL to learn from and also bounce questions off him, it’s been quite beneficial to have him in my corner.” Rourke has hired an agent — Octagon’s Casey Muir — and will work out this off-season in Fort Myers, Fla. As of Wednesday, Rourke said he’s not been invited to the NFL combine, which begins Feb. 27 in Indianapolis. “I’d love to get an invite to the combine,” he said. “That was one of my goals, honestly, when I got to college, which seems forever ago. “That would be awesome.” This report by The Canadian Press was first published Dec. 11, 2024. Advertisement Advertisement
Donald Trump on Saturday appointed Jared Kushner's father, Charles Kushner, to an ambassador position, resulting in political experts and observers bringing up the appointee's past alleged criminal wrongdoings. Trump over the weekend took to Truth Social to announce the appointment of Charles Kushner, the father of his son-in-law Jared Kushner, as ambassador to France. "I am pleased to nominate Charles Kushner, of New Jersey, to serve as the U.S. Ambassador to France. He is a tremendous business leader, philanthropist, & dealmaker, who will be a strong advocate representing our Country & its interests," the former and incoming president wrote on his social media network. "Charlie is the Founder & Chairman of Kushner Companies, one of the largest & most successful privately held Real Estate firms in the Nation." ALSO READ: A dark mystery from America's past could save us from Trump's tyranny The reactions spread quickly on social media. Anti-Trump conservative Tom Nichols said on Bluesky, "Trump just nominated Charles Kushner to be AMB to France. Because, hey, screw it, let's not even pretend anymore." MSNBC executive producer Kyle Griffin reminded readers that Charles Kushner was pardoned by Trump in 2020. "Kushner hatched a scheme involving a prostitute to entrap his brother-in-law and eventually pleaded guilty to tax evasion and making illegal campaign contributions," Griffin wrote in response. Foreign policy researcher Olga Lautman also posted a "reminder" that "Kushner is a felon who Trump pardoned." Popular satirist Mrs. Betty Bowers wrote, "Donald Trump has nominated Charles Kushner to be ambassador to France." "A convicted felon, Kushner hired a prostitute to seduce his brother-in-law, arranged to record the sexual encounter between the two, and had the tape sent to his sister," Bowers wrote. "Just absolute garbage." Artist Art Candee also added, "You know, the guy he pardoned that was convicted of illegal campaign contributions, tax evasion, and witness tampering."Digital crimes overshadow conventional crimes, says Karnataka High Court, while refusing to quash criminal case against two for allegedly cheating Amazon of ₹70 lakhGeode Capital Management LLC lessened its position in Under Armour, Inc. ( NYSE:UAA – Free Report ) by 8.0% during the third quarter, Holdings Channel reports. The institutional investor owned 2,881,081 shares of the company’s stock after selling 249,650 shares during the quarter. Geode Capital Management LLC’s holdings in Under Armour were worth $25,679,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Under Armour by 49.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 171,435 shares of the company’s stock worth $1,143,000 after acquiring an additional 56,440 shares in the last quarter. Panagora Asset Management Inc. raised its holdings in Under Armour by 104.0% in the 2nd quarter. Panagora Asset Management Inc. now owns 27,073 shares of the company’s stock valued at $181,000 after acquiring an additional 13,801 shares during the period. iA Global Asset Management Inc. grew its position in shares of Under Armour by 30.4% in the second quarter. iA Global Asset Management Inc. now owns 70,323 shares of the company’s stock valued at $469,000 after purchasing an additional 16,377 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Under Armour by 14.7% during the second quarter. Commonwealth Equity Services LLC now owns 103,150 shares of the company’s stock worth $688,000 after purchasing an additional 13,209 shares during the period. Finally, Privium Fund Management B.V. lifted its holdings in Under Armour by 1.5% during the 2nd quarter. Privium Fund Management B.V. now owns 226,200 shares of the company’s stock worth $1,457,000 after purchasing an additional 3,300 shares during the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds. Under Armour Stock Performance NYSE:UAA opened at $8.38 on Friday. The company has a quick ratio of 1.24, a current ratio of 2.18 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $3.62 billion, a PE ratio of -279.24 and a beta of 1.69. Under Armour, Inc. has a twelve month low of $6.17 and a twelve month high of $11.89. The stock’s 50-day simple moving average is $9.28 and its 200 day simple moving average is $8.14. Wall Street Analyst Weigh In Read Our Latest Analysis on Under Armour Insider Transactions at Under Armour In other news, insider Mehri Shadman sold 9,639 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $8.81, for a total value of $84,919.59. Following the completion of the transaction, the insider now directly owns 172,899 shares in the company, valued at approximately $1,523,240.19. This represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CFO David Bergman sold 30,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total value of $272,700.00. Following the sale, the chief financial officer now owns 494,210 shares in the company, valued at $4,492,368.90. This represents a 5.72 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 56,879 shares of company stock valued at $508,642. 15.60% of the stock is currently owned by insiders. Under Armour Company Profile ( Free Report ) Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications. Featured Stories Want to see what other hedge funds are holding UAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Under Armour, Inc. ( NYSE:UAA – Free Report ). Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter .Franklin Resources Inc. Invests $1.65 Million in Coursera, Inc. (NYSE:COUR)
Châtillon, France, December 11 th , 2024 DBV Confirms Alignment with U.S. FDA on Accelerated Approval Pathway for the Viaskin® Peanut Patch in Toddlers 1 – 3 Years-Old DBV and FDA aligned on key study design elements for the COMFORT Toddlers study in 1 – 3 year-olds, including study size and wear time collection methodology and analysis COMFORT Toddlers study on-track to initiate in 2Q 2025 Viaskin Peanut patch BLA submission for the Toddlers indication anticipated for 2H 2026 FDA confirmed criteria for post-marketing confirmatory study in toddlers 1 – 3 years-old Company to host investor webcast today at 5:00pm ET DBV Technologies (TRQX: DBVp ), a clinical-stage biopharmaceutical company, today announced the successful outcome of recent written and oral communication with the U.S. Food and Drug Administration (FDA) that provides a clear and well-defined regulatory pathway for the Viaskin Peanut patch program in toddlers 1 – 3-years-old. The FDA has formalized guidance on an Accelerated Approval for the Viaskin Peanut patch in toddlers 1 – 3-years-old. DBV and FDA have agreed on the key design elements for a post-marketing confirmatory study. "DBV is pleased to have received, what we believe to be, a clear and reasonable pathway towards an Accelerated Approval for the Viaskin Peanut patch in toddlers 1 – 3-years-old. This comes on the heels of our October 22 nd press release announcing details in support of our separate Viaskin Peanut programs in 4 – 7 year-olds and in 1 – 7 year-olds in Europe," said Daniel Tassé, Chief Executive Officer, DBV Technologies. "We believe we have decreased the regulatory pathway risk of our programs. DBV can now fully focus on executing the remaining studies that will support two distinct BLAs across age groups and an MAA in Europe. We are grateful to the Agency for its attentive collaboration as we continue to work towards introducing this novel therapy to caregivers and patients as expeditiously as possible." Accelerated Approval Pathway The FDA recently issued written communication confirming an Accelerated Approval pathway for the Viaskin Peanut patch in toddlers 1 – 3-years-old. As a reminder, current FDA guidance for Accelerated Approval includes three qualifying criteria: That the product candidate treats a serious condition That the product candidate generally provides a meaningful advantage over available therapies That the product candidate demonstrates an effect or an intermediate clinical endpoint that is reasonably likely to predict clinical benefit As DBV previously announced , FDA confirmed via written communication that the Viaskin Peanut patch already met criteria one and two. FDA and DBV have been engaged in ongoing dialogue throughout Q4 of this year regarding the intermediate clinical endpoint necessary to meet the third criterion. In the recent written communication, the FDA confirmed the efficacy data from the Company's Phase 3 EPITOPE study can serve as an intermediate clinical endpoint. The FDA has agreed that the endpoint is reasonably likely to predict clinical benefit and will therefore fulfill the requirement for Accelerated Approval. In preparation for commercialization, DBV made slight modifications to the Viaskin Peanut patch used in EPITOPE to increase the simplicity of application for the caregiver and provide product identification on each patch. No changes, including patch shape or size, were made to the device components that are in contact with the patient's skin. Further, to increase the volume of patch production for future commercialization, changes needed to be made to the manufacturing process and location. Although the intended commercial Viaskin Peanut patch is currently being used (N=304) in the ongoing 3-year Open Label Extension to EPITOPE, the collective changes to the commercial Viaskin Peanut patch were viewed by the FDA as constituting a different product relative to the clinical patch used in the EPITOPE study. The Company intends to use the commercial Viaskin Peanut patch in both the COMFORT Toddlers study and the post-marketing confirmatory study. Post-Marketing Confirmatory Study In the recent written communication, FDA confirmed criteria for a post-marketing confirmatory study in toddlers 1 – 3-years-old. DBV and FDA agreed that the confirmatory study will assess the effectiveness of the intended commercial Viaskin Peanut patch and will need to be initiated at the time that the BLA is submitted. To date, the commercial patch has been used in 304 subjects with over 234,695 patient-days of therapy in the placebo crossover and the EPITOPE Open Label Extension, with no clinically relevant differences in efficacy or safety vs. the clinical patch used in the EPITOPE Phase 3 trial. The confirmatory study will include a double-blind, placebo-controlled food challenge (DBPCFC) and will use the same statistical criteria for success (i.e., lower bound of the 95% CI > 15%) as used in the EPITOPE Phase 3 efficacy study. Adhesion data for the post-marketing confirmatory study will be collected in a similar manner relative to the COMFORT Toddlers study. The Company expects these data will further support the importance of average daily wear time in the use of the Viaskin Peanut patch as it relates to efficacy and labeling. "When it comes to food allergy management, what works for one family, might not work for another. That is why having varied treatment options available is so incredibly important to our community," said Sung Poblete, PhD, RN, CEO of FARE (Food Allergy Research & Education). "I'm pleased to learn that DBV's constructive dialogue with the FDA has resulted in this Accelerated Approval guidance outlining remaining developmental steps for the Viaskin Peanut patch in toddlers with a peanut allergy. At FARE, we look forward to the possibility that one day, if approved, caregivers and families will have this exciting new treatment as an option to consider." COMFORT Toddlers Supplemental Safety Study COMFORT Toddlers is a Phase 3 double-blind, placebo-controlled (DBPC) study designed to generate additional safety (primary endpoint) and adhesion data of the Viaskin Peanut patch in peanut allergic toddlers 1 – 3-years old. DBV is pleased to announce that Dr. Julie Wang, MD, Professor of Pediatrics, Jaffe Food Allergy Institute, the Icahn school of Medicine at Mount Sinai, will act as the Global Principal Investigator for the COMFORT Toddlers study. "I am thrilled to assume the role of Global Principal Investigator of the COMFORT Toddlers study," stated Dr. Julie Wang, Professor of Pediatrics, Jaffe Food Allergy Institute, Icahn school of Medicine at Mount Sinai in New York. "Viaskin Peanut, if approved, would offer a much-needed alternative treatment option for patients and caregivers. I look forward to working with the DBV team to advance this important clinical trial." The Company anticipates that COMFORT Toddlers will enroll approximately 480 subjects randomized 3:1 (active: placebo) at approximately 80 – 90 study centers across the U.S., Canada, Australia, and Europe. COMFORT Toddlers will be a six-month study followed by an optional 18-month open-label treatment phase, to provide 24 or 18 months of treatment with the Viaskin Peanut patch for participants randomized to the active or placebo groups, respectively. Thus, the COMFORT Toddlers study will increase the total subjects exposed to the Viaskin Peanut patch for at least six-months in a controlled study to 600, as required by FDA. In total, there will be approximately 240 subjects with the clinical patch in EPITOPE and 360 with the commercial patch in COMFORT Toddlers. As previously disclosed , DBV and FDA have aligned on a patch wear time collection methodology, analysis and study objective hierarchy in the COMFORT Toddlers study. The agreed-upon adhesion data collection methodology provides a practical approach for subjects, families, and investigators. The methodology is intended to generate sufficient data to support a BLA submission under the Accelerated Approval pathway (i.e., collecting patch adhesion data with a focus on daily wear time at relevant time points). We believe there are three positive outcomes coming out of the productive discussions with FDA: FDA agreed that adhesion would not be a co-objective of a safety study and would be an exploratory endpoint. Next, adhesion should be assessed in the overall totality of benefit to risk (i.e., in the context of efficacy and safety). The third success is that we have aligned on what DBV believes is a very feasible approach to collecting adhesion data. DBV has initiated study start-up activities and plans to screen the first subject in the second quarter of 2025. Biologic License Application Submission in 1 – 3 Year-Olds There will be two Phase 3 studies in 1 – 3-year-olds using the Viaskin Peanut patch. The data generated from the studies will be used to inform a BLA submission: Twelve months of DBPC efficacy and safety data from the previously completed Phase 3 EPITOPE study (published in the New England Journal of Medicine i n May 2023), and 36 months of open-label extension data. Six months of DBPC data generated in COMFORT Toddlers supplemental safety study. DBV anticipates that the BLA for the Viaskin Peanut patch in toddlers 1 – 3 years-old under the Accelerated Approval program will be submitted in 2H 2026. Investor Conference Call and Webcast DBV management will host an investor conference call and webcast today, Wednesday, December 11 th , at 5:00pm EST, to discuss these regulatory updates. This call is accessible via the below teleconferencing numbers and requesting the DBV Technologies call. United States: +1-877-346-6112 International: +1-848-280-6350 A live webcast of the call will be available on the Investors & Media section of the Company's website: https://www.dbv-technologies.com/investor-relations/ . A replay of the presentation will also be available on DBV's website after the event. About DBV Technologies DBV Technologies is a clinical-stage biopharmaceutical company developing treatment options for food allergies and other immunologic conditions with significant unmet medical need. DBV is currently focused on investigating the use of its proprietary Viaskin® patch technology to address food allergies, which are caused by a hypersensitive immune reaction and characterized by a range of symptoms varying in severity from mild to life-threatening anaphylaxis. Millions of people live with food allergies, including young children. Through epicutaneous immunotherapy (EPITTM), the Viaskin® patch is designed to introduce microgram amounts of a biologically active compound to the immune system through intact skin. EPIT is a new class of non-invasive treatment that seeks to modify an individual's underlying allergy by re-educating the immune system to become desensitized to allergen by leveraging the skin's immune tolerizing properties. DBV is committed to transforming the care of food allergic people. The Company's food allergy programs include ongoing clinical trials of Viaskin Peanut in peanut allergic toddlers (1 through 3 years of age) and children (4 through 7 years of age). DBV Technologies is headquartered in Châtillon, France, with North American operations in Warren, NJ. The Company's ordinary shares are traded on segment B of Euronext Paris DBV FR and the Company's ADSs (each representing five ordinary shares) are traded on the Nasdaq Capital Market DBVT . For more information, please visit www.dbv-technologies.com and engage with us on X (formerly Twitter) and LinkedIn . Forward Looking Statements This press release may contain forward-looking statements and estimates, including statements regarding the therapeutic potential of Viaskin® Peanut patch and EPITTM, designs of DBV's anticipated clinical trials, DBV's planned regulatory and clinical efforts including timing and results of communications with regulatory agencies, plans and expectations regarding initiation of the confirmatory study, plans and expectations with respect to COMFORT Toddlers and COMFORT Children, plans and expectations with respect to the submission of BLAs to FDA, anticipated support for the BLA submission, DBV's expectations with respect to the Accelerated Approval pathway and any other actionable regulatory pathway, and the ability of any of DBV's product candidates, if approved, to improve the lives of patients with food allergies. These forward-looking statements and estimates are not promises or guarantees and involve substantial risks and uncertainties. At this stage, DBV's product candidates have not been authorized for sale in any country. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated generally with research and development, clinical trials and related regulatory reviews and approvals, and DBV's ability to successfully execute on its budget discipline measures. A further list and description of risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements in this press release can be found in DBV's regulatory filings with the French Autorité des Marchés Financiers ("AMF"), DBV's filings and reports with the U.S. Securities and Exchange Commission ("SEC"), including in DBV's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on March 7, 2024, and future filings and reports made with the AMF and SEC by DBV. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements and estimates, which speak only as of the date hereof. Other than as required by applicable law, DBV Technologies undertakes no obligation to update or revise the information contained in this Press Release. Viaskin is a registered trademark and EPIT is a trademark of DBV Technologies. Investor Contact Katie Matthews DBV Technologies katie.matthews@dbv-technologies.com Media Contact Angela Marcucci DBV Technologies angela.marcucci@dbv-technologies.com Attachment PDF Version © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Tenable Holdings COO Mark Thurmond sells $33,504 in stock
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Reuters Sports News SummaryRALEIGH, N.C. — Bill Belichick, cutting the sleeves off an Alexander Julian plaid blazer. Bill Belichick, responding to boosters’ grinning back-slaps with a scowl and, “We’re on to Georgia Tech.” Bill Belichick, trying on Mack Brown’s old sideline puffy coat for size. Bill Belichick, being asked to shake the hand of a human dressed as a toaster pastry. Bill Belichick, adding the entire lacrosse team to the football roster to play special teams. Can you imagine? JONES ANGELL: “Welcome back everyone to Bill Belichick Live. Say, Bill, what’s your favorite appetizer here at Top of the Hill?” BELICHICK: “Yeah, I’m not going to discuss that.” North Carolina will miss out on all of that wonderful stuff if it doesn’t lock down a deal with Belichick to replace Brown as football coach, something that seemed imminent over the weekend but continues to dangle in the breeze. North Carolina should be so lucky as to have it fall apart. This already has disaster written all over it, from the too-many-cooks hiring process to the transparent competing leaks from each camp: Belichick to NFL insiders, the trustees and boosters to political reporters. This circus has a lot of clowns and no tent. Just when you think things couldn’t possibly get any more absurd at North Carolina than Brown burning a career’s worth of bridges in Chapel Hill by insisting he would be back next season only to be informed the next day he would not, here comes an NFL legend who couldn’t land an NFL job last cycle, with absolutely no NCAA experience in that lengthy career, as the top candidate to replace him. Imagine the kind of privileged bubble you’d have to live in to be able to convince yourself that, after firing a genial 73-year-old coach who seemed to be losing his grasp on the rapidly changing world of college football, a surly 72-year-old with little or no grasp on college football is the right guy to replace him. Why not dig up Knute Rockne’s corpse and drag it around, like Weekend at Bernie’s? This is such a bad idea that even if it were to happen and somehow work out, it would still be an objectively bad idea even with 20-20 hindsight. Even if no one else wants the job, whether for football reasons or having to submit TPS reports to eight different bosses, this is an absurd place to land. North Carolina is willing to settle for someone who counts as family because his dad was a Tar Heels assistant coach for three years some 70 years ago, who has spent one fall observing his son as an assistant coach at Washington and is therefore an expert on the college game despite actually never coaching in it, whose NFL dynasty fizzled as soon as Tom Brady tapped out, whose coaching tree has had little success. (Two branches of it actually sprouted in the ACC: Al Groh and Bill O’Brien). And forget about UNC for a second: With all the nonsense that comes along with being a college head coach, it’s fair to wonder whether Belichick has fully thought this through, either. Two words: Mayo bath. What’s in this for him? If he wants to prove his late decline in New England wasn’t a fluke, the NFL is the place to do that. Beating Charlotte doesn’t count toward breaking Don Shula’s record. Beating the Panthers does. Brown may have been out of coaching for a little while when he returned to North Carolina, but he at least had won something at the NCAA level, knew the school inside and out and was (and remains) as avuncular as Belichick is gruff. Once again, the folks in power at North Carolina fell in love with a big-name trophy coach, but Belichick’s name only means anything to people like them. The oldest recruits in this cycle were 12 years old when Belichick last won anything. These kids don’t even know who he is, other than maybe the guy whose dog was apparently drafting for him during covid. In Belichick’s defense, he does know the game of football as well as anyone on the planet and wouldn’t take the job without the financial backing to buy a decent team — no doubt at the continued expense of funds for basketball, which just lost out on the nation’s top recruit to BYU of all places — and if he’s got any tricks left up his absent sleeves, he might be able to find inefficiencies in recruiting, the transfer portal and on the field that college coaches have heretofore missed. It’s not like there are any NCAA rules left to break. But that’s a lot of maybes, and there are fundamental aspects of the college game — like sucking up to high-school coaches, making nice with the faculty and getting players out of the film room to go to class — that would be entirely foreign to Belichick. Whereas an up-and-coming college coach might have been able to build on the foundation Brown left behind — Jeff Monken is still out there, and wouldn’t it be something if UNC eventually blundered into what might be the best possible hire — this feels like it would be a ground-up rebuild of the entire operation. If Belichick really did submit a 400-page blueprint, and nothing’s ever gone wrong with a lengthy manifesto from a guy known for wearing a hoodie, it certainly suggests so. There are only two reasons someone like Belichick wants a job like this: He’s running away from something, or he’s got no place else to go. Unlike Norman Dale at Hickory High, there’s no Jimmy Chitwood waiting in the wings to save him. If this falls through, both sides should be relieved, not aggrieved.Chromosomal chaos promotes therapy resistance in leukemia cells and opens up new treatment approachesMT's 'Nirmalyam': A set-free masterpiece that transformed Keezhekkavu into southern Mookambika