Children of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools. Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022. Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of university heads and admissions officials. They show how schools admit otherwise unqualified wealthy children because their parents have connections and could possibly donate large sums down the line, raising questions about fairness. Stuart Schmill, the dean of admissions at the Massachusetts Institute of Technology, wrote in a 2018 email that the university admitted four out of six applicants recommended by then-board chairman Robert Millard, including two who “we would really not have otherwise admitted.” The two others were not admitted because they were “not in the ball park, or the push from him was not as strong.” In the email, Schmill said Millard was careful to play down his influence on admissions decisions, but he said the chair also sent notes on all six students and later met with Schmill to share insight “into who he thought was more of a priority.” The filings are the latest salvo in a lawsuit that claims that 17 of the nation’s most prestigious colleges colluded to reduce the competition for prospective students and drive down the amount of financial aid they would offer, all while giving special preference to the children of wealthy donors. “That illegal collusion resulted in the defendants providing far less aid to students than would have been provided in a free market,” said Robert Gilbert, an attorney for the plaintiffs. Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose financial aid might have been shortchanged over a period of more than two decades. They are Brown, the University of Chicago, Columbia, Dartmouth, Duke, Emory, Northwestern, Rice, Vanderbilt and Yale. Johns Hopkins is working on a settlement and the six schools still fighting the lawsuit are the California Institute of Technology, Cornell, Georgetown, MIT, Notre Dame and the University of Pennsylvania. MIT called the lawsuit and the claims about admissions favoritism baseless. “MIT has no history of wealth favoritism in its admissions; quite the opposite,” university spokesperson Kimberly Allen said. “After years of discovery in which millions of documents were produced that provide an overwhelming record of independence in our admissions process, plaintiffs could cite just a single instance in which the recommendation of a board member helped sway the decisions for two undergraduate applicants." In a statement, Penn also said the case is meritless that the evidence shows that it doesn't favor students whose families have donated or pledged money to the Ivy League school. “Plaintiffs’ whole case is an attempt to embarrass the University about its purported admission practices on issues totally unrelated to this case," the school said. Notre Dame officials also called the case baseless. “We are confident that every student admitted to Notre Dame is fully qualified and ready to succeed,” a university spokesperson said in a statement. The South Bend, Indiana, school, though, did apparently admit wealthy students with subpar academic backgrounds. According to the new court filings, Don Bishop, who was then associate vice president for enrollment at Notre Dame, bluntly wrote about the “special interest” admits in a 2012 email, saying that year's crop had poorer academic records than the previous year's. The 2012 group included 38 applicants who were given a “very low” academic rating, Bishop wrote. He said those students represented “massive allowances to the power of the family connections and funding history,” adding that “we allowed their high gifting or potential gifting to influence our choices more this year than last year.” The final line of his email: “Sure hope the wealthy next year raise a few more smart kids!” Some of the examples pointed to in this week's court filings showed that just being able to pay full tuition would give students an advantage. During a deposition, a former Vanderbilt admissions director said that in some cases, a student would get an edge on the waitlist if they didn’t need financial aid. The 17 schools were part of a decades-old group that got permission from Congress to come up with a shared approach to awarding financial aid. Such an arrangement might otherwise violate antitrust laws, but Congress allowed it as long as the colleges all had need-blind admissions policies, meaning they wouldn't consider a student’s financial situation when deciding who gets in. The lawsuit argues that many colleges claimed to be need-blind but routinely favored the children of alumni and donors. In doing so, the suit says, the colleges violated the Congressional exemption and tainted the entire organization. The group dissolved in recent years when the provision allowing the collaboration expired. The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org .Former Bruins defenseman Kevin Shattenkirk announces retirement after 14 NHL seasons
Source: University of Texas AUSTIN - Researchers at the University of Texas are working on some cutting-edge technology to better monitor functions in the human body. They're called e-tattoos, and students at the Cockrell School of Engineering are using 3D printers to essentially print electrodes right on a person's head, or pretty much anywhere else. E-tattoos are a form of EEG, a medical test that measures brain waves. "They are similar to the traditional tattoos, said Pablo Vidal, a Ph.D. Student with the Nanshu Lu research group at UT Austin. "Yet the main distinction is that these are temporary." E-tattoos have been around for more than a decade, tracking everything from heart activity to stress levels, brain tumors to sleep disorders. But the existing technology can be awkward—with rigid electrodes and long wires—tricky for people with a lot of hair. "It is a very unpleasant experience," said Luize Vasconcelos, lead author of the research. "That entire process is long, time-consuming." This new 3D printed approach seeks to overcome that. Source: University of Texas "So we're actually depositing ink onto the body to form the e-tattoo's. Typically, e-tattoos are pre-fabricated, but we're trying to circumvent that approach so that we can make these hair compatible," said Vidal. The printer doesn't touch the person; instead, it propels ink fast enough to go through their hair. "If you're using it, you cannot tell it's on your head," said Vasconcelos. Before the e-tattoo is even made, a camera maps the person's head, so it all fits just right. "It will be a much better experience. So you can expect to have better data," said Vasconcelos. "I see that this technology can one be the one day be as common as photo booths are. So really have this tool be available within doctors, hospitals and even maybe in patients or in homes so that people can print it that is directly on them and give them real time access to their health information," said Vidal. UT is partnering with UCLA on this research, which is still in the prototype phase. We'll have much more on this e-tattoo technology in this weekend's FOX 7 Focus, Saturday night on FOX 7 Austin News at 9. Information in this article comes fromHONG KONG, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on December 16, 2024, it completed its acquisition of all shares of InnoSphere Tech Inc (“InnoSphere Tech”), a company incorporated under the laws of the British Virgin Islands. PWM also announced that, on December 16, 2024, it completed its acquisition of all shares of Tokyo Bay Management Inc (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. About Prestige Wealth Inc. Prestige Wealth Inc. is a wealth management and asset management services provider based in Hong Kong, assisting its clients in identifying and purchasing well-matched wealth management products and global asset management products. With a focus on quality service, the Company has retained a loyal customer base consisting of high-net-worth and ultra-high-net-worth clients in Asia. Through the Company’s wealth management service, it introduces clients to customized wealth management products and provides them with tailored value-added services. The Company provides asset management services via investment funds that it manages and also provides discretionary account management services and asset management-related advisory services to clients. For more information, please visit the Company’s website: http://ir.prestigewm.hk. About InnoSphere Tech InnoSphere Tech is a technology company that leverages its advantages in web scraping technology to collect data on finance, wealth management, and related industries according to international standards. Through the accumulation and processing of large amounts of data, its system can train a specialized large model tailored for the wealth management industry, providing robust foundational support to clients in the financial sector that surpasses traditional general-purpose large models. About Tokyo Bay Tokyo Bay is a company based in Tokyo, Japan. Founded by experienced professionals, the Tokyo Bay team has accumulated extensive premium client resources and local market knowledge over the past years, providing wealth management services, family affairs services, lifestyle management services and related value-added services to high-net-worth clients in Japan.Surewin Casino’s secret formula lies in its diverse online game selection, enticing promotions, and exceptional customer service. You’ll find a mix of unique online casino games that cater to every preference, along with frequent promotions that boost your engagement and loyalty. Their customer support is personalized and timely, ensuring your concerns are addressed quickly. Security measures protect your data, while a user-friendly interface simplifies navigation across devices. Finally, community engagement fosters a vibrant atmosphere where players can connect. Explore how these elements create a unique gaming experience and discover what sets Surewin apart from the competition. This is a special report for our Formula 1 readers and F1 fans interested in gambling and casino’s using best practices. Unique Game Selection What sets Surewin Casino apart in a crowded market? Its unique game selection, which truly caters to a diverse array of preferences and interests. Unlike many competitors, Surewin Casino embraces a wide variety of genres, ensuring you find something that resonates with your gaming style. Whether you’re drawn to classic table games, immersive slots, or live dealer experiences, you’ll discover innovative gameplay that keeps you engaged. The platform’s approach to game selection isn’t just about quantity; it’s about quality and creativity. Developers are encouraged to push the boundaries, resulting in titles that feature cutting-edge graphics, enthralling narratives, and interactive elements. This innovative gameplay elevates your experience, making each session feel fresh and exciting. Moreover, Surewin Casino regularly updates its roster, introducing new titles that reflect current trends and technological advancements. This agility in adapting to market demands means you’ll never feel stagnant in your gaming choices. Attractive Promotions At Surewin Casino, , attractive promotions play an essential role in enhancing your gaming experience and drawing players in. These promotions are strategically crafted to not only incentivize your participation but also to foster a lasting connection with the platform. When you engage with their loyalty rewards program, you’re not just accumulating points; you’re revealing exclusive benefits that elevate your gaming journey. Promotional events are another cornerstone of Surewin Casino’s approach. These events often feature limited-time bonuses, cashback offers, or free spins that keep the gaming atmosphere vibrant and dynamic. By participating, you can maximize your potential winnings while enjoying the thrill of competition against fellow players. This innovative approach guarantees that you’re constantly engaged and motivated. Moreover, the casino frequently refreshes its promotional offerings, guaranteeing that you always have something new to look forward to. This not only enhances your overall experience but also sets Surewin Casino apart from competitors. Exceptional Customer Service Exceptional customer service is vital to your experience at Surewin Casino, as it directly impacts your satisfaction and engagement with the platform. At Surewin, you’re not just another player; you’re valued and prioritized. The casino offers personalized support that caters to your unique needs, guaranteeing that any inquiries or issues are addressed effectively. This approach fosters a sense of loyalty, enhancing your overall gaming experience. Moreover, timely responses are a hallmark of Surewin’s customer service strategy. You won’t find yourself waiting endlessly for assistance. Instead, the dedicated support team is swift in resolving concerns, making your interactions seamless and efficient. This commitment to responsiveness not only alleviates frustration but also builds trust, a fundamental component in the competitive online gaming landscape. In an era where innovation drives customer expectations, Surewin Casino stands out by integrating advanced support technologies. Live chat features and extensive FAQs guarantee that you have immediate access to the information and assistance you need. Secure Gaming Environment A secure gaming environment is essential for guaranteeing players feel safe and protected while enjoying their favorite games at Surewin Casino. To achieve this, the casino employs advanced technologies and protocols that prioritize player privacy and data security. Here are some key elements: User-Friendly Interface Steering through Surewin Casino’s platform is made effortless by its user-friendly interface, designed to enhance your gaming experience. The layout features intuitive navigation that allows you to find your favorite games without the hassle of sifting through irrelevant options. Each category is clearly labeled, providing a streamlined approach to accessing various gaming sections—from tables. Moreover, the responsive design guarantees that the platform adapts seamlessly across devices, whether you’re on a desktop, tablet, or smartphone. This level of adaptability not only improves accessibility but also allows you to enjoy a consistent experience, no matter where you are. You’ll appreciate how quickly the site loads, minimizing any downtime that could disrupt your gaming. In addition, the interface incorporates visually appealing graphics and user-friendly elements, such as easy-to-read menus and prominent call-to-action buttons. This makes it easier for you to engage with promotions and bonuses. Community Engagement Community engagement plays an essential role in enriching the overall experience at Surewin Casino, fostering a sense of belonging among players. By actively involving the community, Surewin cultivates loyalty while also enhancing its offerings through valuable insights. To effectively harness community engagement, consider these key strategies: Conclusion To conclude, Surewin Casino’s success as the best online casino in Malaysia lies in its unique blend of offerings. By prioritizing an exceptional game selection, attractive promotions, and outstanding customer service, it creates a compelling experience for players. The secure gaming environment and user-friendly interface further enhance this experience, making it accessible to all. Finally, community engagement fosters loyalty and connection, ensuring players feel valued. Together, these elements form a robust strategy that sets Surewin apart in a competitive market.
This CT high school football player used his soccer background to become a kicker and made the biggest field goal of his life in the state quarterfinals Tuesday.
New Delhi [India], December 22 (ANI): As part of its budget demands, the Confederation of Indian Industry (CII) has proposed reforms in India's Priority Sector Lending (PSL) framework and has asked for more Development Finance Institutions (DFI), the industry body stated on Sunday. The Priority Sector Lending (PSL) is a vital policy tool in India, aimed at ensuring that key sectors crucial to the nation's development receive adequate financial support. Also Read | Rozgar Mela: PM Narendra Modi To Distribute Over 71,000 Appointment Letters to Recruits in Government Departments. Mandated by the Reserve Bank of India (RBI), PSL obligates banks to allocate a specified proportion of their loans to sectors such as agriculture, education, housing, and small industries. The framework ensures equitable credit distribution, contributing to the socio-economic growth of underserved areas. Despite its massive success, the PSL framework requires regular recalibration to remain relevant. This recalibration is essential to ensure that the financial resources are optimally distributed, in harmony with our vision of Viksit Bharat 2047, CII said in its release. Also Read | AIBE 19 Answer Key 2024 To Be Released Soon At allindiabarexamination.com, Know Steps to Download. For instance, while agriculture contributes 14 percent of the GDP today, its PSL allocation remains at 18 per cent, unchanged from when its GDP share exceeded 30 percent. Similarly, sectors like infrastructure and innovative manufacturing lack adequate PSL focus despite their potential to drive economic growth, CII has pointed out. India's economy has evolved rapidly over the past few decades, with employment focus shifting to newer sectors because of increased education levels in the society and higher disposable incomes. In view of above, Chandrajit Banerjee said, "Sectors like agriculture have reduced contribution to GDP from 30 per cent in 1990s to about 14 per cent now. Hence, it is time that Priority Sector Lending (PSL) framework be reviewed every 3-4 years to align based on emerging priorities and PSL allocations should be in line with GDP contributions and sectoral growth potential. For instance, we could look at inclusion of Emerging and High-Impact Sectors, including digital infrastructure, green initiatives, healthcare, and innovative manufacturing." CII has recommended expanding the scope of Priority Sector Lending (PSL) to include key sectors such as green initiatives, digital infrastructure, and healthcare. This includes funding for green energy projects, electric vehicles, and climate-resilient agriculture to support environmental sustainability. The industry body has advocated for prioritising investments in digital technologies like artificial intelligence to boost technological growth. Additionally, it has asked for allocating funds towards healthcare innovation to enhance the sector's capabilities and ensure better access to healthcare solutions. CII has further pointed out that besides the above sectors, Infrastructure and manufacturing are poised to make substantial contributions to India's economic growth. The current Development Finance Institutions like SIDBI and NABFID have their roles cut out as they have earmarked sectors to finance. Therefore, CII has suggested setting up of a high level committee to look at the revision of Priority Sector Lending norms and also explore the need for any new DFIs to cater to some of the new and emerging sectors. The CII recommendation is that of transition to Outcome-Based Metrics, where the focus needs to shift from absolute lending targets to measurable developmental outcomes, ensuring impact-driven credit distribution. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
NEW ORLEANS (AP) — A scruffy little fugitive is on the lam again in New Orleans, gaining fame as he outwits a tenacious band of citizens armed with night-vision binoculars, nets and a tranquilizer rifle. Scrim, a 17-pound mutt that’s mostly terrier, has become a folk hero, inspiring tattoos, T-shirts and even a ballad as he eludes capture from the posse of volunteers. And like any antihero, Scrim has a backstory: Rescued from semi-feral life at a trailer park and adopted from a shelter, the dog broke loose in April and scurried around the city until he was cornered in October and brought to a new home. Weeks later, he’d had enough. Scrim leaped out of a second-story window, a desperate act recorded in a now-viral video. Since then, despite a stream of daily sightings, he’s roamed free. The dog’s fans include Myra and Steve Foster, who wrote “Ode to Scrim” to the tune of Ricky Nelson’s 1961 hit, “I’m a Travelin’ Man.” “I’m a travelin’ dog and I’ve made a lot of stops/All over this town...” Leading the recapture effort is Michelle Cheramie, a 55-year-old former information technology professional. She lost everything — home, car, possessions — in Hurricane Katrina in 2005, and in the aftermath, found her calling rescuing pets. “I was like, ‘This is what I should be doing,’” Cheramie said. “I was born to rescue.” She launched Zeus’ Rescues, a nonprofit shelter that now averages 600 cat and dog adoptions a year and offers free pet food to anyone who needs it. She helped Scrim find the home he first escaped from. It was Cheramie’s window Scrim leaped from in November. She’s resumed her relentless mission since then, posting flyers on telephone poles and logging social media updates on his reported whereabouts. She’s invested thousands of dollars on wildlife cameras, thermal sensors and other gear. She took a course offered by the San Diego Zoo on the finer points of tranquilizing animals. And she’s developed a network of volunteers — the kind of neighbors who are willing to grid-search a city at 3 a.m. “...And at every stop I own the heart, of at least one lovely ... “ People like writer David W. Brown, who manages a crowd-sourced Google Map of all known Scrim sightings. He says the search has galvanized residents from all walks of life to come together. As they search for Scrim, they hand out supplies to people in need. “Being a member of the community is seeing problems and doing what you can to make life a little better for the people around here and the animals around you,” Brown said. And neighbors like Tammy Murray, who had to close her furniture store and lost her father to Parkinson’s disease. This search, she says, got her mojo back. “Literally, for months, I’ve done nothing but hunt this dog,” said Murray, 53. “I feel like Wile E. Coyote on a daily basis with him.” Murray drives the Zeus’ Rescues’ van towards reported Scrim sightings. She also handles a tactical net launcher, which looks like an oversized flashlight and once misfired, shattering the van’s window as Scrim sped away. After realizing Scrim had come to recognize the sound of the van’s diesel engine, Murray switched to a Vespa scooter, for stealth. “...If you’re ever in the 9th Ward stop and see/My cute little mini poodle ...” Near-misses have been tantalizing. The search party spotted Scrim napping beneath an elevated house, and wrapped construction netting around the perimeter, but an over-eager volunteer broke ranks and dashed forward, leaving an opening Scrim slipped through. Scrim’s repeated escapades have prompted near-daily local media coverage and a devoted online following. Cheramie can relate. “We’re all running from something or to something. He’s doing that too,” she said. Cheramie’s team dreams of placing the pooch in a safe and loving environment. But a social media chorus growing under the hashtag #FreeScrim has other ideas — they say the runaway should be allowed a life of self-determination. The animal rescue volunteers consider that misguided. “The streets of New Orleans are not the place for a dog to be free,” Cheramie said. “It’s too dangerous.” “... and my Shar-Pei doll down in old Treme/Waits for my return ...” Scrim was a mess when Cheramie briefly recaptured him in October, with matted fur, missing teeth and a tattered ear. His trembling body was scraped and bruised, and punctured by multiple projectiles. A vet removed one, but decided against operating to take out a possible bullet. The dog initially appeared content indoors, sitting in Cheramie’s lap or napping beside her bed. Then while she was out one day, Scrim chewed through a mesh screen, dropped 13 feet to the ground and squeezed through a gap in the fence, trotting away. Murray said Cheramie’s four cats probably spooked him. “I wholeheartedly believe the gangster-ass cats were messing with him,” Murray said. Cheramie thinks they may have gotten territorial. Devastated but undeterred, the pair is reassessing where Scrim might fit best — maybe a secure animal sanctuary with big outdoor spaces where other dogs can keep him company. Somewhere, Murray says, “where he can just breathe and be.” ___ Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96 More articles from the BDNSt. Benedict’s urges funding for STEM Centre to empower futures
Manhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: White House press secretary Karine Jean-Pierre says “violence to combat any sort of corporate greed is unacceptable” and the White House will “continue to condemn any form of violence.” She declined to comment on the investigation into the Dec. 4 shooting death of UnitedHealthcare CEO Brian Thompson or reports that writings belonging to the suspect, Luigi Mangione, said insurance companies care more about profits than their customers. “This is horrific,” Jean-Pierre said of the fatal shooting of Thompson as he walked in Manhattan. He didn’t appear to say anything as deputies led him to a waiting car outside. “I’m deeply grateful to the men and women of law enforcement whose efforts to solve the horrific murder of Brian Thompson led to the arrest of a suspect in Pennsylvania,” Gov. Hochul said in the statement. “I am coordinating with the District Attorney’s Office and will sign a request for a governor’s warrant to ensure this individual is tried and held accountable. Public safety is my top priority and I’ll do everything in my power to keep the streets of New York safe.” That’s according to a spokesperson for the governor who said Gov. Hochul will do it as soon as possible. Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”
Job search 2025: 3 key ways AI will make an impact on recruitmentEngineering solutions company Unimech Aerospace And Manufacturing Ltd.'s initial public offering is scheduled to open on Dec. 23. The price band for the IPO has been set in the range of Rs 745 to Rs 785 per share. The market value at the upper end of the price band is Rs 3,992 crore, as per NDTV Profit's calculations. The proposed public offering consists of a fresh issue of Rs 250 crore and an offer-for-sale component of Rs 250 crore, according to the draft red herring prospectus. The offer for sale consists of sale of equity shares up to Rs 45 crore by Ramakrishna Kamojhala, up to Rs 45 crore by Mani P, up to Rs 45 crore by Rajanikanth Balaraman and up to Rs 30 crore by Preetham S V. Rasmi Anil Kumar, the promoter group, will offload stocks worth Rs 85 crore. Anand Rathi Advisors Ltd., and Equirus Capital Pvt. are the book-running lead managers to the issue and KFin Technologies Ltd. is the registrar to the offer. The equity shares are proposed to be listed on both Bombay Stock Exchange and National Stock Exchange. The anchor investment round saw Rs 149.5 crore raised from investors. The IPO will close on Dec. 26. Issue opens: Dec. 23. Issue closes: Dec. 26. Issue price: Rs 745-785. Offer for sale: Rs 250 crore. Fresh issue: Rs 250 crore. Total issue size: Rs 500 crore. Lot size: Minimum 19 shares, and then in multiples thereof. The Bengaluru-based firm is a leading manufacturer of complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components for clients in the aerospace, energy and semi-conductor industries. These components are used in aeroengine and airframe tooling for production, maintenance, repair and overhaul, and line maintenance activities. The company offers a diverse range of products and manufactures relatively small quantities of each, tailored to specific customer requirements. The company reported a nearly two-fold rise in net profit at Rs 58.10 crore in the last financial year from Rs 21.20 crore in the previous fiscal. Revenue was up 122% to Rs 478 crore. Operating income, or earnings before interest, taxes, depreciation, and amortisation, rose to Rs 79.18 crore in the same period. The Ebitda margin expanded to 37.9% from 36.7%. As of Oct. 31, 2024, the company's debt pile stood at Rs 75.1 crore. Net proceeds from the issue, amounting to Rs 32.5 crore, will be used for funding capital expenditure for expansion through purchase of machinery and equipment. A total of Rs 25.2 crore will go towards working capital requirements of the company and for investments in its material subsidiary. While Rs 43.9 crore will go towards capital expenditure for expansion through purchase of machinery and equipment, Rs 44.7 crore will go towards working capital. The company will use Rs 40 crore for repayment or prepayment of borrowing and towards general corporate purposes. The company's growth strategies include expanding their facilities, addition of capacities and pursuing strategic acquisitions, as necessary. In July 2024, the company allotted equity shares by way of preferential issue to ValueQuest SCALE Fund (a scheme of ValueQuest Alternate Investment Trust), Evolvence India Fund IV Ltd. and Steadview Capital Mauritius Ltd. for the purpose of investing in inorganic opportunities. Aerospace Sector Dependency : Adverse changes in the aerospace sector could negatively impact business, operations, and financial condition; Long Gestation Period : A significant time gap of seven to 28 weeks between order receipt and payment may affect working capital requirements; Global Market Risks : Adverse conditions in key markets, including the United States and Germany, may harm business, cash flows, and financial stability; Innomech Reliance : Dependency on the operating income and cash flows of subsidiary Innomech poses risks; any loss, reduction, or shareholding change could materially affect consolidated financial performance. The grey market premium of Unimech Aerospace IPO is Rs 480 as of 1:31 p.m. on Dec. 22, according to InvestorGain. This implies shares of the company will likely list at Rs 1,265 apiece, indicating a 61.15% premium to the upper end of the price band. It should be noted that GMP or grey market price is not an official price quote for the stock and is based on speculation. Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
AP Sports SummaryBrief at 4:50 p.m. ESTNone
Sometimes, it takes a village to put out a newspaper. Kent Brooks, owner of the 137-year-old Plainsman Herald down in the southeast corner of Colorado, was ready to call it quits a few months ago, given the tough economics of publishing a rural paper these days. But at the last minute Brooks decided to survey his readers before ceasing publication to see if they would pay more to keep the Plainsman in business. Ninety-five percent of them said yes, with many willing to pay double. Readers began calling, sending emails and mailing handwritten letters and notes begging him to keep on keeping on. “Heck, they wanted to do bake sales,” he told my former colleague Kevin Simpson, who first wrote about the effort to save the paper for The Colorado Sun. The Washington Post has also picked up on the story now. "I guess when over 2,000 print newspapers have gone away in the past few years, it is a feel good story when one decides to keep on rolling," Brooks told me. Residents of Springfield also told him they’d be willing to sponsor various features in the paper. Brooks said he’s in the process now of nailing down sponsors for Kerry Sherman’s sports page, the popular Hooves ‘n Horns section and Dawni O’Bryan’s Happy Trails articles. He’s also sent out notices doubling the annual subscription from $50 to $100. Brooks also has been seeking contractors and volunteers to step in now that his daughter, Lexi, who has been helping for four years, is headed back to college, and his son, Colin, who did technical work for the Plainsman, has started working full-time as an apprentice electrician. “We have a lady who does a garden blog for us, who taught at Springfield High School,” Brooks noted. “I’ve got a lady who lives on a ranch near the border of Western Baca County. She’s our Western bureau.” Brooks has two cowboy poets who contribute to the paper, including Bill Bunting, whose family still runs a ranch on the high plains of southeastern Colorado that his granddaddy homesteaded. Brooks also runs some history pieces from books he’s penned on the Dust Bowl and from “Letters from Colorado,” a collection of missives written by Colorado pioneers to the folks they left behind, back where they came from. A friend’s grandson is on the high school wrestling team and has agreed to write stories and take pictures of the team’s exploits this winter. Brooks also has a community feed on his website for locals to submit photos, articles, coverage of events, obits, etc. ... “And ask your friends and neighbors to do the same,” Brooks suggests on his site. Additional duties will also fall now to longtime employee Hunter Babbitt, who also oversees the flower shop that doubles as the Plainsman's Main Street office. The Knight Foundation also helped out with a grant a while back to enable Brooks to launch a website. “We’ve gotten good response from the community. It’s clear there is a strong willingness to support the Plainsman Herald,” Brooks told me. “So we’re going to give it a whirl. Now it’s either, ‘Man, this is kind of cool,’ or 'I’m an idiot.'” Brooks isn’t the only one making a last stand these days: • Tom Bredehoft, a 62-year-old businessman, came to the rescue of the Burlington Record a few months ago after Prairie Mountain Media announced it was shutting it down. Bredehoft, who lives 45 miles down Interstate 70 in Flagler, saw the paper as a good business opportunity but also thought it was something that just needed to be done. “I still believe in community newspapers,” Bredehoft told Simpson, “and I think there will always be people who want to be able to cut the clippings out of the paper. People want to read the sports scores. People want to clip their kids’ pictures. I just believe there’s always going to be a need and a want, and I think there’s people that will support it.” • The National Trust for Local News has stepped in to help 65 publications around the country, including 23 in Colorado. The nonprofit Trust now has 500 employees, 100,000 paying subscribers, 300,000 print copies distributed per month, $50 million in earned revenue and 2.5 million unique monthly visitors. In other words, they've proven that local news can succeed if its truly local, mission-driven and dedicated to community. The chains like Alden Global Capital, owners of Prairie Mountain, and Gannett are the ones who were screwing up local news, not the locals. The Trust went even further recently and purchased a community press in Colorado to help community newspapers after Prairie Mountain shut down their press in Berthoud and Gannett Newspapers shut down theirs in Pueblo. The Trust has raised $38 million in philanthropic support, Poynter reported in July. But the goal of the National Trust is to bootstrap community news organizations so they can eventually stand on their on and not rely on institutional philanthropy. Board member Marcus Brauchli told me the Trust “has been raising funds to operate small-town papers whose owners want to move on, on the theory that well-operated local news can survive if it doesn't have to return capital to its owners or pay down debt. So it basically takes the cost of capital out of the equation by taking ownership and then offering help in the form of technology and other services that allow the local news company to operate more efficiently and serve its community more effectively.” There are other heroic efforts afoot out there to save local news: • The American Journalism Project recently committed $3.6 million to nonprofit newsrooms like Outlier Media and The Nevada Independent, supporting investigative reporting and operational sustainability. • The Press Forward Initiative distributed $20 million across 205 local outlets, funding initiatives to deepen local coverage and enhance newsroom operations. • Midwestern News Nonprofit Support provided funding for print-focused initiatives, such as the launch of The Midcoast Villager, which addresses gaps in local reporting for communities in Maine. • The Daily Iowan, the University of Iowa’s independent student newspaper, just purchased two weekly local newspapers in the state to give their students a place to hone their craft. What all these efforts have in common is the mission of putting community back in community journalism. “Small-j journalism, which we just call community journalism, may not be at the top of the Pulitzer list every year, but it sure does build a lot of trust,” Ross McDuffie, the first-ever chief portfolio officer for the National Trust for Local News, told the Nieman Lab recently. “I think that if you want your audience to pay attention when you’re holding the powerful accountable, or you’re giving a voice to the voiceless, or you’re shining a light in dark corners, then you sure as hell better show up when they’re celebrating things that are going well in their community, or, God forbid, they’re mourning a shared tragedy.” Brooks said something similar to his readers when he was contemplating closing down. “This newspaper has been a cornerstone of local life for generations, providing news and a sense of connection," he wrote. "However, the realities of modern publishing demand innovation and collaboration to sustain this vital resource for the future. A great deal of community support is needed to carry on.” It takes a village to put out a newspaper now, in other words. And more and more often lately, the village has agreed.New Orleans police arrest man accused of killing paradegoers during multiple mass shootingsTrade Finance Marketplaces: Connecting Buyers and Sellers Efficiently