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Sen. Kyrsten Sinema blocks Democrats from locking in majority on labor board through 2026Wirestock Foot Locker, Inc. ( NYSE: FL ) released Q3 2024 results , disappointing the market by not meeting 3Q24 guidance and lowering FY24 guidance . The stock moved down 10% the day after the release. Under the hood, there were many things to like Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
SAN FRANCISCO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Humacyte, Inc. HUMA and certain of its executives are now defendants in a class action lawsuit filed in the U.S. District Court for the Middle District of North Carolina. The suit, Cutshall v. Humacyte, Inc., et al. , alleges that the company misled investors about the status of its Biologic License Application (BLA) for its acellular tissue engineered vessel (ATEV) and the regulatory compliance of its manufacturing facilities. Hagens Berman urges investors in Humacyte who suffered substantial losses to submit your losses now . Class Period: May 10, 2024 – Oct. 17, 2024 Lead Plaintiff Deadline: Jan. 17, 2025 Visit: www.hbsslaw.com/investor-fraud/huma Contact the Firm Now: HUMA@hbsslaw.com | 844-916-0895 Humacyte, Inc. (HUMA) Securities Class Action: The complaint, filed on behalf of investors who purchased Humacyte securities between May 10, 2024, and October 17, 2024, claims that the company and its executives failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, the lawsuit alleges that Humacyte's Durham, North Carolina facility had significant manufacturing compliance issues, including deficiencies in quality assurance and microbial testing. The truth emerged after the FDA's subsequent inspection of the facility and the delayed review of the BLA came to light, which led to a significant decline in Humacyte's stock price. Specifically, on August 9, 2024, the company announced that the FDA would require additional time to complete its review of the BLA. Then, on October 17, 2024, the FDA issued a Form 483 detailing multiple violations at the Durham facility. "The allegations in the complaint highlight serious violations of securities laws. If proven true, Humacyte's alleged failure to disclose material information to investors is unacceptable," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in Humacyte or have knowledge that may assist the firm's investigation, submit your losses now . If you'd like more information and answers to frequently asked questions about the Humacyte case and our investigation, read more . Whistleblowers: Persons with non-public information regarding Humacyte should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email HUMA@hbsslaw.com . About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com . Follow the firm for updates and news at @ClassActionLaw . Contact: Reed Kathrein, 844-916-0895 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NoneThe forthcoming resignation of FBI Director Christopher Wray is a “great day for America,” President-elect Donald Trump said on Truth Social. Rumors abounded that Wray would step down ahead of Trump’s second term, and on Wednesday, he confirmed his intentions, making the announcement during what the Washington Post described as a townhall with the “FBI workforce.” Trump celebrated the announcement, concluding that this is the beginning of the end of the weaponization of justice in the United States. “The resignation of Christopher Wray is a great day for America as it will end the Weaponization of what has become known as the United States Department of Injustice,” Trump began, noting, “I just don’t know what happened to him.” Trump then previewed an America where the rule of law is restored. “We will now restore the Rule of Law for all Americans,” he said before providing a brief example of the malfeasance that occurred under Wray’s leadership. “Under the leadership of Christopher Wray, the FBI illegally raided my home, without cause, worked diligently on illegally impeaching and indicting me, and has done everything else to interfere with the success and future of America,” Trump said. WATCH — “ARE YOU PROTECTING THE BIDENS?” — Gaetz GRILLS FBI Director Wray: “They have used their vast powers to threaten and destroy many innocent Americans, some of which will never be able to recover from what has been done to them,” the President-elect said, touting his choice to replace Wray — Kash Patel. “Kash Patel is the most qualified Nominee to lead the FBI in the Agency’s History, and is committed to helping ensure that Law, Order, and Justice will be brought back to our Country again, and soon. As everyone knows, I have great respect for the rank-and-file of the FBI, and they have great respect for me,” Trump clarified, noting that they, too, want to see these changes. “More importantly, the American People are demanding a strong, but fair, System of Justice. We want our FBI back, and that will now happen. I look forward to Kash Patel’s confirmation, so that the process of Making the FBI Great Again can begin,” he said, adding, “Thank you!” During his remarks to the FBI workforce, Wray asserted that him stepping down is the best option for the FBI. “My goal is to keep the focus on our mission — the indispensable work you’re doing on behalf of the American people every day,” he said, according to the Post . “In my view, this is the best way to avoid dragging the Bureau deeper into the fray, while reinforcing the values and principles that are so important to how we do our work,” Wray continued, maintaining that it was not an easy decision. “I love this place, I love our mission, and I love our people — but my focus is, and always has been, on us and doing what’s right for the FBI,” Wray added. All the while, Patel has received sterling reviews from many, including Sen. Tommy Tuberville (R-AL), who told Breitbart News Daily on Thursday that he is “perfect” for the job. “I’ve known Kash Patel, about five years, and Kash is very smart. He’s energetic. He’s very into law enforcement. He’s worked in the DOD. He’s worked for the DOJ. He understands it. He’s traveled the world. He understands behind the scene, domestic problems. He will be perfect,” the senator said. “He’s exactly what we need. He is one of those guys that understands that we’ve got to get the trust back in the FBI. We don’t need somebody to go in and be status quo,” he added, previewing Patel’s plans to “shake it up.”
Israel cracks down on Palestinian citizens who speak out against the war in Gaza UMM AL-FAHM, Israel (AP) — In the year since the war in Gaza broke out, Israel's government has been cracking down on dissent among its Palestinian citizens. Authorities have charged Palestinians with “supporting terrorism” because of posts online or for demonstrating against the war. Activists and rights watchdogs say Palestinians have also lost jobs, been suspended from schools and faced police interrogations. Palestinians make up about 20% of Israel's population. Many feel forced to self-censor out of fear of being jailed and further marginalized in society. Others still find ways to dissent, but carefully. Israel's National Security Ministry counters that, “Freedom of speech is not the freedom to incite.” Israel says rabbi who went missing in the UAE was killed TEL AVIV, Israel (AP) — Israel says the body of an Israeli-Moldovan rabbi who went missing in the United Arab Emirates has been found, citing Emirati authorities. The statement from Prime Minister Benjamin Netanyahu’s office on Sunday said Zvi Kogan was killed, calling it a “heinous antisemitic terror incident.” It said: “The state of Israel will act with all means to seek justice with the criminals responsible for his death." Kogan went missing on Thursday, and there were suspicions he had been kidnapped. His disappearance comes as Iran has been threatening to retaliate against Israel after the two countries traded fire in October. Israeli strike kills Lebanese soldier and wounds 18 as Hezbollah fires rockets at Israel BEIRUT (AP) — An Israeli strike on a Lebanese army center has killed one soldier and wounded 18 others, the Lebanese military said. The Hezbollah militant group meanwhile fired barrages of rockets into northern and central Israel, wounding at least five people. Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines. There was no immediate comment from the Israeli military, which has acknowledged mistakenly hitting Lebanese troops while saying they are not a target of its campaign against the militants. After Trump's Project 2025 denials, he is tapping its authors and influencers for key roles WASHINGTON (AP) — During the campaign, President-elect Donald Trump had hailed what would become Project 2025 as a conservative roadmap for “exactly what our movement will do." Trump pulled an about-face when Project 2025 became a political liability. He denied knowing anything about the “ridiculous and abysmal” plans, even though some were written by his former aides and many allies. Now, after winning the 2024 election, Trump is stocking his second administration with key players in the effort he temporarily shunned. Trump has tapped Russell Vought for an encore as director of the Office of Management and Budget; Tom Homan, his former immigration chief, as “border czar;” and immigration hardliner Stephen Miller as deputy chief of policy. Trump's Republican Party is increasingly winning union voters. It's a shift seen in his labor pick WASHINGTON (AP) — Working-class voters helped Republicans make steady election gains this year and expanded a coalition that increasingly includes rank-and-file union members. It's a political shift spotlighting one of President-elect Donald Trump’s latest Cabinet picks: a GOP congresswoman, who has drawn labor support, to be his labor secretary. Oregon Rep. Lori Chavez-DeRemer narrowly lost her bid for a second term this month, despite strong backing from union members. They're a key part of the Democratic base but are gravitating in the Trump era toward a Republican Party traditionally allied with business interests. Forecasts warn of possible winter storms across US during Thanksgiving week WINDSOR, Calif. (AP) — Forecasters in the U.S. have warned of another round of winter weather that could complicate travel leading up to Thanksgiving. California is bracing for more snow and rain this weekend while still grappling with some flooding and small landslides from a previous storm. The National Weather Service has issued a winter storm warning for California's Sierra Nevada through Tuesday, with heavy snow expected at high elevations. Thousands remained without power in the Seattle area on Saturday after a “bomb cyclone” storm system hit the West Coast earlier in the week, killing two people. Parts of the Northeast and Appalachia also began the weekend with heavy precipitation. Pakistan partially stops mobile and internet services ahead of pro-Imran Khan protest ISLAMABAD (AP) — Pakistan has suspended mobile and internet services “in areas with security concerns” as supporters of imprisoned former premier Imran Khan gear up for a protest in the capital. The government and Interior Ministry made the announcement on X, which is banned in Pakistan. Sunday's protest is to demand Khan's release. He has been in prison for more than a year but remains popular. His supporters rely heavily on social media and messaging apps to coordinate with each other. Pakistan has already sealed off Islamabad and shut down major roads and highways connecting the city with Khan's power bases. Here's what to know about the new funding deal that countries agreed to at UN climate talks BAKU, Azerbaijan (AP) — In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change. But it’s a far-from-perfect arrangement, with many parties still unsatisfied but hopeful that the deal will be a step in the right direction. Japan holds Sado mines memorial despite South Korean boycott amid lingering historical tensions SADO, Japan (AP) — Japan has held a memorial ceremony near the Sado Island Gold Mines despite a last-minute boycott of the event by South Korea that highlighted tensions between the neighbors over the issue of Korean forced laborers at the site before and during World War II. South Korea’s absence at Sunday’s memorial, to which Seoul government officials and Korean victims’ families were invited, is a major setback in the rapidly improving ties between the two countries, which since last year have set aside their historical disputes to prioritize U.S.-led security cooperation. Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83 NEW YORK (AP) — Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, has died. He was 83. Mark Young, Woolery’s podcast co-host and friend, said in an email early Sunday that Woolery died at his home in Texas with his wife, Kristen, present. Woolery, with his matinee idol looks, coiffed hair and ease with witty banter, was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978. He teamed up with Young for the podcast “Blunt Force Truth” and became a full supporter Donald Trump.
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Dodgers announce 5-year contract with LHP Blake SnellCONWAY, S.C. (AP) — Kobe Knox's 13 points helped South Florida defeat Portland 74-68 on Thursday. Knox also had six rebounds for the Bulls (3-2). Brandon Stroud added 11 points while shooting 4 for 12 (1 for 3 from 3-point range) and 2 of 4 from the free-throw line while he also had six rebounds. Jamille Reynolds shot 3 of 6 from the field and 4 of 5 from the free-throw line to finish with 10 points. The Pilots (2-3) were led in scoring by Max Mackinnon, who finished with 17 points, eight rebounds and five assists. Vincent Delano added 14 points for Portland. A.Rapp also had 11 points and eight rebounds. South Florida went into the half ahead of Portland 38-33. Knox scored eight second-half points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Kanye West’s wife Bianca Censori shows off her bum in see-through catsuit as couple go shopping in TokyoThe San Francisco 49ers activated linebacker Dre Greenlaw to play Thursday night against the Los Angeles Rams for his first action since tearing his left Achilles tendon in last season's Super Bowl. Greenlaw had been practicing the past few weeks and was activated from the physically unable to perform list on Thursday. San Francisco placed offensive lineman Ben Bartch on injured reserve with an ankle injury to make room on the roster. Greenlaw was one of the emotional leaders of San Francisco's defense before the freak injury in the first half of the Super Bowl loss to Kansas City. Greenlaw bounced up and down on the sideline and then started to run onto the field with a few teammates when he collapsed holding his left leg. He was then helped off in a cart. Greenlaw was drafted in the fifth round in 2019 and emerged as one of the key defenders for San Francisco in 2022. He started 30 games the past two seasons with 247 tackles, eight tackles for loss, 10 passes defensed and three takeaways. The Niners have missed his intensity and physical play this season, especially against the run. The Rams and 49ers both promoted players from the practice squad for the game with Los Angeles adding defensive back Charles Woods and San Francisco promoting running back Ke'Shawn Vaughn.
In fact, he argued, it could have been a culinary conspiracy concocted by criminals, whose actions led to the cooking wine used to prepare the noodles being laced with a banned heart drug that found its way into an athlete's system. This theory was spelled out to international anti-doping officials during a meeting and, after weeks of wrangling, finally made it into the thousands of pages of data handed over to the lawyer who investigated the case involving 23 Chinese swimmers who had tested positive for that same drug. The attorney, appointed by the World Anti-Doping Agency, refused to consider that scenario as he sifted through the evidence. In spelling out his reasoning, lawyer Eric Cottier paid heed to the half-baked nature of the theory. "The Investigator considers this scenario, which he has described in the conditional tense, to be possible, no less, no more," Cottier wrote. Even without the contaminated-noodles theory, Cottier found problems with the way WADA and the Chinese handled the case but ultimately determined WADA had acted reasonably in not appealing China's conclusion that its athletes had been inadvertently contaminated. Critics of the way the China case was handled can't help but wonder if a wider exploration of the noodle theory, details of which were discovered by The Associated Press via notes and emails from after the meeting where it was delivered, might have lent a different flavor to Cottier's conclusions. "There are more story twists to the ways the Chinese explain the TMZ case than a James Bond movie," said Rob Koehler, the director general of the advocacy group Global Athlete. "And all of it is complete fiction." In April, reporting from the New York Times and the German broadcaster ARD revealed that the 23 Chinese swimmers had tested positive for the banned heart medication trimetazidine, also known as TMZ. China's anti-doping agency determined the athletes had been contaminated, and so, did not sanction them. WADA accepted that explanation, did not press the case further, and China was never made to deliver a public notice about the "no-fault findings," as is often seen in similar cases. The stock explanation for the contamination was that traces of TMZ were found in the kitchen of a hotel where the swimmers were staying. In his 58-page report, Cottier relayed some suspicions about the feasibility of that chain of events — noting that WADA's chief scientist "saw no other solution than to accept it, even if he continued to have doubts about the reality of contamination as described by the Chinese authorities." But without evidence to support pursuing the case, and with the chance of winning an appeal at almost nil, Cottier determined WADA's "decision not to appeal appears indisputably reasonable." A mystery remained: How did those traces of TMZ get into the kitchen? Shortly after the doping positives were revealed, the Institute of National Anti-Doping Organizations held a meeting on April 30 where it heard from the leader of China's agency, Li Zhiquan. Li's presentation was mostly filled with the same talking points that have been delivered throughout the saga — that the positive tests resulted from contamination from the kitchen. But he expanded on one way the kitchen might have become contaminated, harkening to another case in China involving a low-level TMZ positive. A pharmaceutical factory, he explained, had used industrial alcohol in the distillation process for producing TMZ. The industrial alcohol laced with the drug "then entered the market through illegal channels," he said. The alcohol "was re-used by the perpetrators to process and produce cooking wine, which is an important seasoning used locally to make beef noodles," Li said. "The contaminated beef noodles were consumed by that athlete, resulting in an extremely low concentration of TMZ in the positive sample. "The wrongdoers involved have been brought to justice." This new information raised eyebrows among the anti-doping leaders listening to Li's report. So much so that over the next month, several emails ensued to make sure the details about the noodles and wine made their way to WADA lawyers, who could then pass it onto Cottier. Eventually, Li did pass on the information to WADA general counsel Ross Wenzel and, just to be sure, one of the anti-doping leaders forwarded it, as well, according to the emails seen by the AP. All this came with Li's request that the noodles story be kept confidential. Turns out, it made it into Cottier's report, though he took the information with a grain of salt. "Indeed, giving it more attention would have required it to be documented, then scientifically verified and validated," he wrote. Neither Wenzel nor officials at the Chinese anti-doping agency returned messages from AP asking about the noodles conspiracy and the other athlete who Li suggested had been contaminated by them. Meanwhile, 11 of the swimmers who originally tested positive competed at the Paris Games earlier this year in a meet held under the cloud of the Chinese doping case. Though WADA considers the case closed, Koehler and others point to situations like this as one of many reasons that an investigation by someone other than Cottier, who was hired by WADA, is still needed. "It gives the appearance that people are just making things up as they go along on this, and hoping the story just goes away," Koehler said. "Which clearly it has not."