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Matt Gaetz says he won't return to Congress next year after withdrawing name for attorney general WASHINGTON (AP) — Matt Gaetz is not coming back to Congress. The Florida Republican said Friday he has no intention of serving another term in the House now that he is no longer President-elect Donald Trump's nominee for attorney general. Gaetz withdrew as the nominee this week amid growing fallout from the allegations of sexual conduct against him. Gaetz denies the allegations. Gaetz didn't lay out his plans now that he's out of office, saying only, “I’m still going to be in the fight, but it’s going to be from a new perch." After Gaetz's withdrawal on Thursday, Trump named former Florida attorney general Pam Bondi to lead the Justice Department. Vance takes on a more visible transition role as he works to boost Trump's most controversial picks WASHINGTON (AP) — After several weeks working behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role. He's been helping Donald Trump’s most contentious Cabinet picks try to win confirmation in the Senate, where he has served for the last two years. Vance spent part of Wednesday at the Capitol with Rep. Matt Gaetz sitting in on meetings with Trump’s controversial choice for attorney general. On Thursday, Vance was back, this time accompanying Pete Hegseth. Vance is expected to accompany other nominees for meetings over the coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump’s picks. Beyond evangelicals, Trump and his allies courted smaller faith groups, from the Amish to Chabad Donald Trump’s lock on the white evangelical vote is legendary, but he didn't focus exclusively on large religious voter blocs. He and his allies also wooed smaller religious groups, away from the mainstream. He posted a tribute to Coptic church members on social media and met with members of Assyrians for Trump — two smaller Christian communities with Middle Eastern roots. He visited the grave of the revered late leader of an Orthodox Jewish movement. His allies sought votes from the separatist Amish community. While Trump won decisively, the outreaches reflected aggressive campaigning in what was expected to be a tight race. NATO and Ukraine to hold emergency talks after Russia's attack with new hypersonic missile KYIV, Ukraine (AP) — NATO and Ukraine will hold emergency talks Tuesday after Russia attacked a central city with a hypersonic ballistic missile that escalated the nearly 33-month-old war. Ukraine's parliament canceled a session Friday over the security threat. In a stark warning to the West, President Vladimir Putin said in a nationally televised speech Thursday that the attack with the intermediate-range Oreshnik missile was retaliation for Kyiv’s use of U.S. and British longer-range missiles capable of striking deeper into Russian territory. Putin said Russia is launching production of the Oreshnik, saying it's so powerful that several of them fitted with conventional warheads could be as devastating as a strike with strategic — or nuclear — weapons. Texas education board approves optional Bible-infused curriculum for elementary schools AUSTIN, Texas (AP) — Texas’ education board has voted to allow Bible-infused teachings in elementary schools. The approval Friday follows other Republican-led states that have pushed this year to give religion a larger presence in public classrooms. The curriculum adopted by the Texas State Board of Education is optional for schools to adopt, but they’ll receive additional funding if they do so. Parents and teachers who opposed the curriculum say the lessons will alienate students of other faith backgrounds. Supporters argue the Bible is a core feature of American history and that teaching it will enrich learning. 2 convicted in human smuggling case after Indian family froze to death on US-Canada border FERGUS FALLS, Minn. (AP) — A jury has convicted two men of charges related to human smuggling for their roles in an international operation that led to the deaths of a family of Indian migrants who froze while trying to cross the Canada-U.S. border during a 2022 blizzard. Harshkumar Ramanlal Patel and Steve Shand each faced four charges related to human smuggling before being convicted on Friday. Patel is an Indian national. Shand is an American from Florida. They were arrested after the family froze while trying to cross the desolate border during a 2022 blizzard. Northern California gets record rain and heavy snow. Many have been in the dark for days in Seattle FORESTVILLE, Calif. (AP) — A major storm with heavy snow and record rain that's moving through Northern California has toppled trees, closed roads and prompted evacuations in some areas after knocking out power to hundreds of thousands of people in Washington and Oregon. Forecasters warn that the risk of flash flooding and rockslides will continue through Friday. The National Weather Service has extended a flood watch for areas north of San Francisco as a plume of moisture known as an atmospheric river inundates Northern California and the Pacific Northwest. Up to 16 inches of rain is forecast in Northern California and southwestern Oregon. The storm system unleashed winds earlier this week that left two people dead and hundreds of thousands without power in Washington. Archaeologists discover 4,000-year-old canals used to fish by predecessors of ancient Maya WASHINGTON (AP) — Using drones and Google Earth imagery, archaeologists have discovered a 4,000-year-old network of earthen canals in what’s now Belize. The research published Friday in Science Advances shows that long before the ancient Maya built temples, their predecessors were already altering the landscape of Central America’s Yucatan peninsula. The ancient fish canals were used to channel and catch freshwater species such as catfish. These structures were used for around 1,000 years — including during the “formative” period when the Maya began to settle in permanent farming villages and a distinctive culture started to emerge. California case is the first confirmed bird flu infection in a US child Health officials are confirming bird flu in a California child — the first reported case in a U.S. minor. The Centers for Disease Control and Prevention announced confirmatory test results on Friday. Officials say the child had mild symptoms, was treated with antiviral medication and is recovering. The child’s infection brings the reported number of U.S. bird flu cases this year to 55, including 29 in California. State officials have said the child lives in Alameda County, which includes Oakland, and attends day care, but released no other details. Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8.Jackie McFadden, the driving force and founder of the local charity 'All Disabilities Matter', was honoured on December 11 with the 'Community Recognition Award' from Great Aycliffe Town Council. The award is to recognise and celebrate Jackie's unwavering commitment to improving the lives of people with disabilities and her efforts to create inclusive opportunities for all. Jackie McFadden second left with the team from ADM (Image: contributor) Jackie's journey began with a personal mission, to provide better social opportunities for her disabled daughter and others with disabilities. Jackie said: "Despite my daughter being disabled, she wanted to do normal things that any other child wants to do at school. "Unfortunately, there was a lack of opportunities for disabled children to engage in activities like discos and meet up in safe environments. "I set out to do something to fill the void for adults and children with learning difficulties, plus physical and mental disabilities." L-R Jackie's partner Gary Lewis, Mayoress Mrs Bernadette Clark, Jackie McFadden and Mayor Mr John Clarke (image: Tony Beddard) With this vision in mind, Jackie founded her charity All Disabilities Matter (ADM) which started by organising monthly disco events in Newton Aycliffe for disabled people. Originally hosted at a local club, the discos have grown in popularity over the years and are now held at the Phoenix Club on MacMillan Road in Newton Aycliffe. These events offer a safe, welcoming space for individuals with disabilities to socialise and have fun. Jackie's passion and dedication have not only made these events possible but also inspired others to join her cause. Read More: Get more local stories, reviews and exclusive content from The Northern Echo and join our growing digital family with a subscription. One such supporter is Tony Beddard, whose son greatly benefitted from the discos. Tony Beddard, second right at the back, with the team of ADM as they welcomed visitors to their disability friendly winter wonderland. (Image: contributor) Tony, now chairman of ADM, explained how the group's impact expanded after achieving charity status earlier this year. He said: "Our charity has the ambition to reach, support and provide opportunities for more disabled individuals and their carers in Newton Aycliffe and across County Durham." The charity is spreading holiday cheer this December with a special Santa’s Grotto and winter wonderland in a formerly vacant town centre unit in Newton Aycliffe. Open to all disability groups and charities, the grotto is also available for private group bookings. On the next two Saturdays, the grotto will welcome everyone in the community to share in the festive spirit. Jackie has called Newton Aycliffe home for many years, and her work exemplifies the best of community spirit.
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month — extending a diplomatic olive branch even as Trump threatens to levy massive tariffs on Chinese goods. Trump's incoming press secretary, Karoline Leavitt, confirmed on Thursday that Trump invited Xi, but said it was “to be determined” if the leader of the United States' most significant economic and military competitor would attend. “This is an example of President Trump creating an open dialogue with leaders of countries that are not just our allies, but our adversaries and our competitors too,” Leavitt said in an appearance on Fox News' program ”Fox & Friends." “We saw this in his first term. He got a lot of criticism for it, but it led to peace around this world. He is willing to talk to anyone and he will always put America’s interest first.” CBS News first reported the invitation to Xi. Asked at a Chinese Foreign Ministry briefing on Thursday about Trump's invitation, spokesperson Mao Ning responded: “I have nothing to share at present.” Leavitt said that other foreign leaders have also been invited, but did not provide any details. The move by Trump to invite a leader of an adversarial nation to the American moment that is Inauguration Day is unorthodox. But it also squares with his belief that foreign policy—much like a business negotiation—should be carried out with carrots and sticks to get the United States' opponents to operate closer to his administration's preferred terms. Jim Bendat, a historian and author of “Democracy’s Big Day: The Inauguration of Our President,” said he was not aware of a previous U.S. inauguration attended by foreign head of state. “It's not necessarily a bad thing to invite foreign leaders to attend,” Bendat said. “But it sure would make more sense to invite an ally before an adversary.” Trump on Thursday during an appearance at the New York Stock Exchange , where he was ringing the opening bell to open the market, said he’s been “thinking about inviting certain people to the inauguration” without referring to any specific individuals. “And some people said, ‘Wow, that’s a little risky, isn’t it?’” Trump said. “And I said, ‘Maybe it is. We’ll see. We’ll see what happens.’ But we like to take little chances.” Meanwhile, a top aide to Hungarian President Viktor Orban, one of Trump's most vocal supporters on the world stage, said Thursday that Orban isn't slated to attend the inauguration. “There is no such plan, at least for the time being," said Gergely Gulyás, Orban's chief of staff. The nationalist Hungarian leader is embraced by Trump but has faced isolation in Europe as he's sought to undermine the European Union's support for Ukraine, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion. Orban recently met with Trump at Mar-a-Lago. Every country's chief of mission to the United States will also be invited, according to a Trump Inaugural Committee official who was not authorized to comment publicly and spoke on condition of anonymity. The invitation comes as Trump has vowed to enact massive tariffs on Canada, Mexico and China to get those countries to do more to reduce illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He has said that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada and that China could be hit with even higher tariffs. China produces precursor chemicals used in the production of fentanyl, but Beijing has stepped up efforts over the last year to crack down on the export of the chemicals. “We’ve been talking and discussing with President Xi, some things, and others, other world leaders, and I think we’re going to do very well all around,” Trump said in a CNBC interview Thursday. Xi during a meeting with President Joe Biden last month in Beijing urged the United States not to start a trade war. “Make the wise choice,” Xi cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Canadian Prime Minister Justin Trudeau has also pushed back on Trump's threats, warning such a tariffs move would be perilous for the U.S. economy as well. Trudeau earlier this week said that Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive” and said he will retaliate if Trump goes ahead with them. Trump responded by calling Canada a state and Trudeau the governor. In addition to the tariff dispute, U.S.-China relations are strained over other issues, including what U.S. officials see as Beijing indirectly supporting Russia's war on Ukraine. The Biden administration says China has supported Russia with a surge in sales of dual use components that help keep its military industrial base afloat. U.S. officials also have expressed frustration with Beijing for not doing more to rein in North Korea's support for the Russian war. China accounts for the vast majority of North Korea’s trade. North Korean leader Kim Jong Un has dispatched thousands of troops to Russia to help repel Ukrainian forces from the Kursk border region. The North Koreans also have provided Russia with artillery and other munitions, according to U.S. and South Korean intelligence officials. Trump’s Jan. 20 inauguration takes place a day after the U.S. deadline for ByteDance, the Chinese parent company of social media giant TikTok, to sell the social media app or face a ban in the United States. — Associated Press writer Balint Domotor in Budapest, Hungary, contributed reporting.First batch of Canadian-made low-carbon jet fuel emerges from B.C. refinery
China has approved construction of a mega dam in Tibet that could generate three times more power than the Three Gorges Dam , the world's largest capacity hydropower plant, but may reduce flow of water in the Brahmaputra river to a certain extent. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping The dam is approved to be built on Yarlung Tsangpo river, which becomes Brahmaputra when it enters India. Located near Arunachal Pradesh, the project raises geopolitical, environmental, and seismic concerns. The building of the dam presents unprecedented engineering challenges as the area is seismologically vulnerable. Total investment in the dam could exceed 1 trillion yuan, or $137 billion, according to a report in Hong Kong-based South China Morning Post (SCMP). The project may not adversely impact Brahmaputra in a big way but may reduce flow of water in the river, according to experts who have studied China for decades. India had earlier expressed concerns about the project, which could affect millions in downstream population centres in India and Bangladesh. The plan was initiated in the 14th Five Year Plan of China and President Xi Jinping referred to construction of a mega dam during his Tibet visit in 2021. "The project is expected to generate nearly 300 billion kilowatt-hours (kWh) of electricity annually. By contrast, the Three Gorges Dam, which now has the world's largest installed capacity, was designed to produce 88.2 billion kWh," according to SCMP. 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Through extensive geological explorations and technical advancements, a solid foundation has been laid for science-based, secure and high-quality development of the project, it said. The dam will also drive the development of nearby solar and wind energy resources, adding to the region's clean energy base, Xinhua reported. "This represents a major move in China's green and low-carbon energy transition," it said. (You can now subscribe to our Economic Times WhatsApp channel )Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is droppedTony Osburn scores 23 points to lead Omaha past Lamar 65-59 in Akron Basketball Classic
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Shares of Ciena Corp. were up over 15% in midday trade on Wednesday despite the company’s missing fourth-quarter earnings estimates. If these gains hold, the stock will hit its highest level since Feb. 2002. The day marked significant volatility for the stock, with the shares initially dipping in pre-market trading due to the earnings miss but rebounding over 23% thereafter following management’s upbeat guidance during the earnings call. Ciena’s revenue was largely in-line with expectations of $1.1 billion, compared to the expected $1.1 billion. However, the optical networking equipment maker reported earnings of $0.54 per share, missing Wall Street’s expectation of $0.65. Gross margins also slid to 40.9% from 43.1% year-over-year. "Our Q4 revenue and strong order flow reflect our significant and increasing technology leadership and positive industry dynamics," said Cienna CEO Gary Smith. "As Cloud and AI drive bandwidth demand across the network, we are positioned for accelerated revenue growth and market share expansion moving forward," he added. For its first fiscal quarter, the company expects revenue of $1.01 billion to $1.9 billion. Ciena also forecast average annual revenue growth of about 8% to 11% over the next three years during its earnings call. Retail sentiment around the stock has improved to ‘bullish’ from ‘neutral’ three months ago, with its shares gaining 56% during the same period. Sentiment is being dragged down by some users who continue to be bearish on the company’s earnings miss, citing that upbeat guidance doesn’t promise better financial performance. The debate between the two sides has led to retail chatter around the stock, which hit an annual peak of 96 at ‘extremely high’ levels. The stock is on pace for largest percent increase since Jun. 6, 2019, when it rose 26.78%, according to Dow Jones Newswire. So far this year, Ciena’s shares have surged by over 85%. For updates and corrections, email newsroom[at]stocktwits[dot]com.< Read also: Nucor, Steel Dynamics, Commercial Metals Stocks Slip On UBS Downgrade: Retail Still Upbeat
ISLAMABAD, (UrduPoint / Pakistan Point News - 15th Dec, 2024) COMSATS University (CUI), in collaboration with The for Just Deliberation on Solar Geoengineering (DSG), a US-based non-profit organization, successfully hosted a pivotal stakeholder engagement meeting to discuss the development and implications of a prototype Solar Radiation Modification (SRM) Impacts Dashboard for Malaria in South at the district level. It was funded by the Harvard University Center for International Development’s Global Empowerment Meeting (GEM) Incubation Fund, the brought together 46 climate and health researchers, and health policy experts and practitioners across to explore SRM’s potential role in addressing climate-driven health challenges in one of the ’s most vulnerable regions, said a press release. The meeting featured a robust program of presentations, interactive discussion and feedback on a prototype dashboard that highlights district level data on future climate change, SRM and malaria. The facilitated thematic breakout sessions to continue bridging gaps in the climate-health nexus. The inclusion of SRM technologies into this nexus is adding a level of urgency to the climate action needed on public health, especially in the context of vector-borne diseases. Breakout sessions encouraged stakeholders to thematic perspectives, offering valuable insights into refining the SRM-Malaria Dashboard to better serve health policy frameworks. Prof. Dr. Athar Hussain, Principal Investigator (PI) of several SRM research projects at CUI, emphasized the importance of collaborative research and interdisciplinary approaches in addressing climate change’s public health implications, particularly the changing dynamics of vector-borne diseases like malaria. Mr. Hassaan Sipra, Director of Global Engagement at The for Just Deliberation on Solar Geoengineering (DSG) and a key contributor to the SRM research initiatives at CUI, discussed the global dimensions of SRM research and its ethical implications. Dr. Abdul Waheed, Policy Analyst, addressed the socio-political complexities of SRM. "In the context of addressing climate-driven health challenges in South , it is important to understand the social and political factors that shape public acceptance or rejection of SRM within the health sector, and the ethical implications these technologies. By investing in research and tools today, we can help ensure that SRM strategies are developed and implemented in a way that aligns with ethical standards, addresses societal concerns, and supports effective governance frameworks in , and provides a model of Global South outputs in this field." In addition to the prototype dashboard, CUI is also leading two initiatives assessing projected changes to climate variables, climate and health policies, and the evolving role of malaria control in emerging climate dynamics and public health sector of and South . Funded by The Degrees Initiative, a UK-based charity focused on increasing SRM research among Global South institutions, these works’ initial findings suggest that SRM technologies could have both beneficial and adverse effects on malaria transmission in the region. These insights will be critical for shaping future SRM research and policy development, ensuring that health systems are prepared for various potential outcomes, such as integration into public health strategies to mitigate climate-driven disease outbreaks in vulnerable communities. CUI continues to work on SRM research, to strengthen Global South perspectives on these technologies. These issues require more resources, more dialogue, and more constructive actions. Activities such as this one is the crux of stakeholder engagement that can pave the way towards building public trust in the processes around decision making on SRM, while empowering Global South people and policy makers to address it within their local vulnerabilities and contexts.Former defense secretary reacts to Hegseth allegations
Nissan persuades US court to decertify brake defect class actionsNEW YORK--(BUSINESS WIRE)--Dec 4, 2024-- iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia”, the “Company” or “we”) today announced that, as of 5:00 p.m., New York City time, on November 29, 2024, $750,585,122 aggregate principal amount (93.8%) of iHeartCommunications, Inc.’s (“Communications”) outstanding 6.375% Senior Secured Notes due 2026 (the “Existing 2026 Secured Notes”), $743,023,000 aggregate principal amount (99.1%) of Communications’ outstanding 5.25% Senior Secured Notes due 2027 (the “Existing 2027 Secured Notes”), $221,587,000 aggregate principal amount (44.3%) of Communications’ outstanding 4.75% Senior Secured Notes due 2028 (the “Existing 2028 Secured Notes” and, together with the Existing 2026 Secured Notes and Existing 2027 Secured Notes, the “Existing Secured Notes”) and $843,734,539 aggregate principal amount (92.1%) of Communications’ outstanding 8.375% Senior Notes due 2027 (the “Existing Unsecured Notes” and, together with the Existing Secured Notes, the “Existing Notes”) had tendered and delivered consents in the previously announced exchange offers (the “Notes Exchange Offers”) for the Existing Notes and concurrent consent solicitations (the “Notes Consent Solicitations”) to amend certain provisions in the indentures governing the Existing Notes pursuant to the terms and conditions described in the Confidential Offering Memorandum and Consent Solicitation Statement, dated November 15, 2024 (the “Offering Memorandum”), and that $2,254,656,962 aggregate principal amount (99.5%) of Communications’ outstanding term loans (the “Existing Term Loans” and, together with the Existing Notes, the “Existing Debt”) had agreed to participate and delivered consents in the previously announced exchange offer (the “Term Loan Exchange” and, together with the Notes Exchange Offers, the “Offers”) for the Existing Term Loans and consent solicitation (the “Term Loan Consent Solicitation” and, together with the Notes Consent Solicitations, the “Consent Solicitations”) to amend certain provisions in the credit agreement governing the Existing Term Loans (the “Existing Term Loan Credit Agreement”) in connection with the Term Loan Exchange, representing a total participation of $4,813,586,623 aggregate principal amount (92.0%) of the Existing Debt in the Offers as of such time (the “Early Tender/Participation Debt”). Amendments to the Offers and Consent Solicitations Additionally, Communications announced certain amendments to the Notes Exchange Offers and Notes Consent Solicitations as follows: Communications also announced that corresponding amendments (as applicable) were made to the terms of the Term Loan Exchange and Term Loan Consent Solicitation. The New Comprehensive Condition has been satisfied as of the date hereof and, subject to the satisfaction or waiver of the other conditions set forth in the Offering Memorandum, as amended, Communications intends to consummate the Comprehensive Offers. Holders are referred to the Offering Memorandum, as amended, for the detailed terms and conditions of the Notes Exchange Offers and Notes Consent Solicitations with respect to the Existing Notes, all of which remain unchanged except as set forth in this release. Important Information Eligible Holders of the Existing Notes who wish to participate in the Notes Exchange Offers and Notes Consent Solicitations must tender all their Existing Notes across each series in the Notes Exchange Offers (and deliver consents in the related Notes Consent Solicitations) and shall not be permitted to tender in only one or a subset of the foregoing. In addition, such Eligible Holders will be deemed to have delivered consents for each proposed amendment applicable to the indentures governing their Existing Notes. There are no withdrawal or revocation rights in connection with any of the Notes Exchange Offers. As a result, any tenders of Existing Notes and delivery of the related consents will be final and irrevocable. None of the Issuers, their advisors, the trustee of the Existing Notes, the trustee with respect to the new notes, as applicable, the Exchange and Information Agent (as defined below) or any affiliate of any of them, makes any recommendation as to whether Eligible Holders of Existing Notes should participate in the Notes Exchange Offers and Notes Consent Solicitations, and no one has been authorized by any of them to make such a recommendation. Eligible Holders of Existing Notes should read carefully the Offering Memorandum, as amended, before making a decision to participate in the Notes Exchange Offers and the Notes Consent Solicitations. In addition, Eligible Holders of the Existing Notes must make their own decisions as to whether to tender their Existing Notes in the Notes Exchange Offers and provide consent in the related Notes Consent Solicitation. The Notes Exchange Offers and Notes Consent Solicitations are conditioned upon the satisfaction or waiver of the conditions set forth in the Offering Memorandum, as amended, and, other than the amendments described above, the other terms and conditions of the Notes Exchange Offers and Notes Consent Solicitations remain unchanged. The Notes Exchange Offers are being made, and the new notes to be issued by the Issuers in the Notes Exchange Offers are being offered and issued, only to holders of Existing Notes that are either (i) persons who are reasonably believed to be “qualified institutional buyers” as defined in Rule 144A under the Securities Act or (ii) persons other than “U.S. persons” as defined in Regulation S who agree to purchase any such new notes outside of the United States and who are otherwise in compliance with the requirements of Regulation S. The Issuers are not making the Notes Exchange Offers in any jurisdiction where the inclusion of any person in such jurisdiction would require the Issuers or any subsidiary of the Issuers to comply with registration requirements or other similar requirements under any securities laws of such jurisdiction. The holders of Existing Notes who have certified to us that they are eligible to participate in the Notes Exchange Offers pursuant to at least one of the foregoing conditions are referred to as “Eligible Holders.” Only Eligible Holders of Existing Notes may receive a copy of the Offering Memorandum and the amendment thereto (such amendment, the “Supplement”) and participate in the Notes Exchange Offers and the Notes Consent Solicitations. The Exchange and Information Agent is Kroll Issuer Services (US) (the “Exchange and Information Agent”). Detailed instructions regarding how Eligible Holders of Existing Notes can tender Existing Notes and deliver consents with respect to the Notes Consent Solicitations are set forth in the Offering Memorandum, as amended. Questions concerning the Notes Exchange Offers or Notes Consent Solicitations or requests for additional copies of the Offering Memorandum, the Supplement or other related documents may be directed to the Exchange and Information Agent at iheart@is.kroll.com . Eligible Holders of the Existing Notes should also consult their broker, dealer, commercial bank, trust company or other institution for assistance concerning the Notes Exchange Offers and the Notes Consent Solicitations. This communication is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security and does not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful. Simpson Thacher & Bartlett LLP served as counsel and PJT Partners served as financial advisor to the Company. Davis Polk & Wardwell LLP served as counsel and Perella Weinberg Partners served as financial advisor to an ad hoc group of certain of the Supporting Holders. Forward-Looking Statements Certain statements herein constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors which may cause the actual results, performance or achievements of iHeartMedia, Inc. and its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The words or phrases "guidance," "believe," "expect," "anticipate," "will," "potential," "positioned," "estimates," "forecast," and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances are intended to identify such forward-looking statements. These statements include, but are not limited to, statements related to the transactions described above, including the Company’s ability to complete any of the transactions on the terms contemplated herein, on the timeline contemplated or at all, and the Company’s ability to realize the intended benefits of any such transactions. In addition, any statements that refer to expectations or other characterizations of future events or circumstances, such as statements about our anticipated growth and financial performance, our expected costs savings and other capital and operating expense reduction initiatives, utilizing new technologies and programmatic platforms, trends in the advertising industry, and strategies and initiatives are forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other important factors, some of which are beyond our control and are difficult to predict. Various risks that could cause future results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: risks related to weak or uncertain global economic conditions and our dependence on advertising revenues; competition, including increased competition from alternative media platforms and technologies; dependence upon our brand and the performance of on-air talent, program hosts and management; fluctuations in operating costs; technological and industry changes and innovations; shifts in population and other demographics; risks related to our use of artificial intelligence, impact of acquisitions, dispositions and other strategic transactions; risks related to our indebtedness; legislative or regulatory requirements; impact of legislation, ongoing litigation or royalty audits on music licensing and royalties; regulations and concerns regarding privacy and data protection and breaches of information security measures; risks related to scrutiny of environmental, social and governance matters; risks related to our Class A common stock; and regulations impacting our business and the ownership of our securities. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date hereof. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s reports filed with the U.S. Securities and Exchange Commission, including in the section entitled “Part I, Item 1A. Risk Factors” of iHeartMedia, Inc.’s Annual Reports on Form 10-K and “Part II, Item 1A. Risk Factors” of iHeartMedia, Inc.’s Quarterly Reports on Form 10-Q. The Company does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise. About iHeartMedia, Inc. iHeartMedia, Inc. [Nasdaq: IHRT] is the leading audio media company in America, reaching over 90% of Americans every month. iHeart’s broadcast radio assets alone have more consumer reach in the U.S. than any other media outlet; twice the reach of the next largest broadcast radio company; and over four times the ad-enabled reach of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined and has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. View source version on businesswire.com : https://www.businesswire.com/news/home/20241204802225/en/ CONTACT: Media Wendy Goldberg Chief Communications Officer (212) 377-1105 wendygoldberg@iheartmedia.comInvestors Mike McGuinness EVP, Deputy CFO, and Head of Investor Relations (212) 377-1336 mbm@iheartmedia.com KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: PODCAST TV AND RADIO MEDIA MUSIC COMMUNICATIONS ONLINE EVENTS/CONCERTS ENTERTAINMENT SOURCE: iHeartMedia, Inc. Copyright Business Wire 2024. PUB: 12/04/2024 05:47 PM/DISC: 12/04/2024 05:47 PM http://www.businesswire.com/news/home/20241204802225/en