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AP Sports SummaryBrief at 6:22 p.m. ESTJudge hears closing arguments on whether Google's advertising tech constitutes a monopoly ALEXANDRIA, Va. (AP) — The Justice Department and Google have made their closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopoly. The arguments in federal court Monday in northern Virginia came as Google already faces a possible breakup of the company over its ubiquitous search engine. The Justice Department says it will seek the breakup of Google to remedy its search engine monopoly. The case in Virginia focuses not on the search engine but on technology that matches online advertisers to consumers on the internet. A judge is expected to rule by the end of the year. ‘Busiest Thanksgiving ever’: How the TSA plans to handle record air travel DALLAS (AP) — The Thanksgiving travel rush is expected to be bigger than ever this year. AAA predicts that nearly 80 million people in the U.S. will venture at least 50 miles from home between Tuesday and next Monday — most of them by car. Thanksgiving Day falling so late this year has altered traditional travel patterns. At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Meanwhile, the head of the Federal Aviation Administration says a shortage of air traffic controllers could cause flight delays. Transportation analytics company INRIX says roads could be congested on Monday with both commuters and returning holiday travelers. Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue. The company did provide some preliminary results for its third quarter, including that net sales fell 2.4% to $4.74 billion. It anticipates reporting its full third-quarter financial results by Dec. 11. Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit SACRAMENTO, Calif. (AP) — California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov. Gavin Newsom says Monday he'll propose creating a new version of the state’s successful Clean Vehicle Rebate Program, which was phased out in 2023 after funding nearly 600,000 new cars and trucks. Officials didn’t say how much the program would cost or how the rebates would work. Newsom’s proposal is part of his plan to protect California’s progressive policies ahead of Republican President-elect Donald Trump’s second term. But a budget shortfall could complicate California’s resistance efforts. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Stock market today: Dow hits another record as stocks rise NEW YORK (AP) — U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% Monday to pull closer to its record set two weeks ago. The Dow Jones Industrial Average added 440 points to its own record set on Friday, while the Nasdaq composite rose 0.3%. They got a boost from easing Treasury yields after President-elect Donald Trump said he wants hedge-fund manager Scott Bessent to be his Treasury Secretary. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks finished just shy of its record. Workers at Charlotte airport, an American Airlines hub, go on strike during Thanksgiving travel week CHARLOTTE, N.C. (AP) — American Airlines says it doesn’t expect significant disruptions to flights this week as a result of a labor strike at its hub in Charlotte, North Carolina. Service workers there walked out Monday during a busy week of Thanksgiving travel to protest what they say are unlivable wages. Employees of ABM and Prospect Airport Services authorized the work stoppage. Union spokesperson Sean Keady says the strike is expected to last 24 hours. The companies contract with American Airlines to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. The companies have acknowledged the seriousness of a strike during the holiday travel season. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Eggs are available -- but pricier -- as the holiday baking season begins Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season. The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was up 63% from October 2023, when a dozen eggs cost an average of $2.07. Avian influenza is the main culprit. The current bird flu outbreak that began in February 2022 has led to the slaughter of more than 111 million birds, mostly egg-laying chickens. But the American Egg Board says egg shortages at grocery stores have been isolated and temporary so far. Detroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan DETROIT (AP) — Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced on Monday. GM will move its headquarters out of the complex next year. The towers are a symbol of Detroit, with aerial views often shown on television sports broadcasts. GM announced that it would join forces with the Bedrock real estate development firm and Wayne County to turn the partially vacant property into a roughly 27-acre entertainment complex across the Detroit River from Windsor, Ontario. Bedrock would invest at least $1 billion, with roughly $250 million more coming from GM and another $250 million in public money, possibly from the state of Michigan.
Faisal Vawda foresees imminent sacking of a provincial governorNo. 22 St. John's bounces back from double OT loss with 80-55 rout of VirginiaHPH Announces Change to the Board of Directors
Ulta Beauty: What To Think Of Berkshire's Short Holding Period
Guwahati, Dec 29 (IANS): The Northeast Frontier Railway (NFR), which operates in the northeastern states and in seven districts of West Bengal and five districts of north Bihar, would soon integrate ‘Kavach 4.0’ to improve train operations, officials said here on Sunday. NFR Chief Public Relations Officer (CPRO) Kapinjal Kishore Sharma said that a 1,966 route kilometre length from Malda town (in West Bengal) to Dibrugarh (in Assam) has been identified for implementation of Kavach. "NFR, being a part of the nation’s railway connectivity system, would be integrating this advanced technological system ‘Kavach 4.0’ soon, providing safer, more reliable, and efficient rail services within its jurisdiction," he said. The CPRO said that the Indian Railways is speeding up to deploy advanced Kavach 4.0 - automatic train protection system across its key routes. According to Sharma, the Kavach 4.0 is an enhanced comprehensive, technology-driven solution developed by Indian Railways to prevent accidents and ensure the smooth operation of trains, providing an additional layer of safety and control. All the locomotives where lower versions of Kavach were installed will be replaced with the upgraded Kavach 4.0, he said. The implementation of Kavach 4.0 by Indian Railways across its key routes is a broader initiative to modernise its infrastructure and improve safety standards. The NFR CPRO said that by leveraging technology such as Kavach 4.0, the connectivity system would ensure smoother operations, minimising human error, and most importantly, preventing accidents. The Kavach 4.0 system is built upon several critical technological components, including Station Kavach, which receives information from Loco Kavach and signalling systems to guide the locomotive and RFID tags, which are installed along the tracks at regular intervals and signal point to monitor the train’s location and direction. Over the past period, Indian Railways has been taking several steps to cut down train accidents. By rolling out Kavach 4.0, Indian Railways is committed to making rail travel even safer for passengers. This step is part of a larger plan to strengthen the railway network and boost safety measures across the rail network of the country, Sharma said. The system is capable of automatically applying brakes if the loco pilot fails to do so, as it displays real-time line-side signals in the driver’s cab, and provides continuous movement authority updates through radio-based communication, he pointed out. Other key features of the “Kavach 4.0” include automatic whistling at level crossing gates, direct locomotive-to-locomotive communication to prevent collisions, and an SOS function to alert authorities in case of emergencies.TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world announces the validation of its science-based targets by the Science Based Targets initiative (SBTi), available at sciencebasedtargets.org. This milestone underscores Element's commitment to emissions reduction, demonstrating continued leadership in sustainability within the fleet management industry. The SBTi promotes science-based greenhouse gas (GHG) reduction targets for companies, aiming to limit global temperature rise to 1.5°C above pre-industrial levels. Its certification standards have become the global benchmark for corporate climate goals aligned with the Paris Agreement. With the SBTi validation, Element commits to the following near-term science-based targets: "As we live our Purpose to Move the world through intelligent mobility , we are working towards a future beyond the immediate horizon. This acknowledgement by the SBTi is a testament of our strategic commitment to sustainability, reinforcing our focus on accountability and transparency. It underscores our dedication to delivering lasting value for our clients, our business, our team members, and our communities,” states David Colman, Chief Legal & Sustainability Officer. "The fleet management industry has both the opportunity and obligation to be part of the solution. The SBTi validation strengthens our commitment to measurable sustainability initiatives. Our focus remains on advancing decarbonization and electrification strategies as we drive meaningful progress towards a low-carbon future”, says Sheri McGrath, VP, Sustainability at Element. A science-based approach provides Element with a clearly defined pathway to reduce its GHG emissions, contribute to global climate goals, and help to mitigate the most severe impacts of climate change. By aligning its targets with the latest climate science, Element is taking steps to strengthen the resilience of its business and contribute meaningfully to broader climate initiatives. Element notes that commitments and targets are aspirational and may be influenced by near-term global challenges including, but not limited to, the production and availability of electric vehicles, client decisions, prevalence and availability of charging infrastructure, and government support of electrification in the regions in which we operate. Element's 2034 goals reflect its best efforts at this point in time. The Company may reassess and update its methodologies and targets, as appropriate, and may not be able to achieve its commitments and targets, including for the reasons set forth herein. For more information on the validation and Element's sustainability initiatives, please visit www.elementfleet.com/sustainability . About Element Fleet Management Element Fleet Management (TSX:EFN) is the largest publicly traded pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of world-class clients - corporations, governments, and not-for-profits - across North America, Australia, and New Zealand. Element's services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating EVs and managing the complexity of gradual fleet electrification. Clients benefit from Element's expertise as one of the largest fleet solutions providers in its markets, offering economies of scale and insight used to reduce fleet operating costs and improve productivity and performance. For more information, visit: https://www.elementfleet.com/sustainability About the Science Based Targets initiative The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting and independently assesses companies' targets. This press release contains certain forward-looking statements and forward-looking information regarding Element, its business and the fleet industry, which are based upon Element's current expectations, estimates, projections, assumptions and beliefs. In some cases, words such as "plan”, "expect”, "intend”, "believe”, "anticipate”, "estimate”, "may”, "could”, "predict”, "project”, "model”, "forecast”, "will”, "potential”, "target, "by”, "proposed” and other similar words, or statements that certain events or conditions "may” or "will” occur are intended to identify forward-looking statements and forward-looking information. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements or information. Forward-looking statements and information in this news release may include, but are not limited to, statements with respect to, among other things, the Company's expectations regarding the fleet industry and electrification, the Company's sustainability targets and objectives, including science based targets, Element's and our clients' greenhouse gas emissions, fleet electrification, and transition of client vehicles, charging access, decarbonization strategies, future climate reporting, potential climate related opportunities, diverse supplier spending, team member engagement, making a difference in the community, data governance, ethics and compliance, and other sustainability related impacts, objectives and expectations. By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct and that our sustainability priorities, targets (including fleet electrification and GHG reduction targets), commitments and goals will not be achieved. As we work to advance our sustainability strategy, external factors outside of Element's reasonable control may impact our performance and ability to achieve our goals, including government policies, legislation and regulatory actions, global supply-chain disruptions, geopolitical risk, the occurrence, continuance or intensification of public health emergencies, such as the impact of post-pandemic hybrid work arrangements, the failure of third parties to comply with their obligations to us and our affiliates or associates, our ability to implement various sustainability-related initiatives internally and with our clients under expected timeframes, the availability of comprehensive and high-quality GHG emissions data and standardization of sustainability-related measurement methodologies, the need for active and continuing participation, cooperation and collaboration from various stakeholders, deployment of new technologies and industry-specific solutions, the evolution of client behaviour, varying decarbonization efforts across economies, manufacturer timing and availability, client decisions and preferences, the need for thoughtful climate policies globally, the challenges of balancing interim emissions goals with an orderly transition, and the continuing development and evolution of regulations, guidelines, principles, and frameworks internationally and Element's compliance thereto, which could lead to us to being subject to various legal and regulatory proceedings, the potential outcome of which could include regulatory restrictions, penalties and fines. These and other factors may cause actual results to differ materially from the expectations expressed in the forward-looking statements and may require Element to adapt its initiatives and activities or adjust its commitments, metrics, targets and goals. The forward-looking statements in this news release speak only as of the date hereof and are presented for the purpose of assisting our stakeholders and others in understanding our objectives and strategic priorities and may not be appropriate for other purposes. We do not undertake to update any forward-looking statement except as required by law. In addition, a discussion of some of the material risks affecting Element and its business appears under the heading "Risk Management” in Element's Management Discussion and Analysis for the twelve-month period ended December 31, 2023 and the three and nine-month period ended September 30, 2024, and under the heading "Risk Factors” in Element's Annual Information Form for the year ended December 31, 2023, as well as Element's other filings with the Canadian securities regulatory authorities, which have been filed on SEDAR+ and can be accessed on Element's profile on www.sedarplus.com . CONTACT: Investor Relations Contact: Rocco Colella Director, Investor Relations (437) 349-3796 [email protected] Media Contact: Amanda Mills Sirois Senior Manager, Corporate Affairs (437) 352-1050 [email protected]
Originally published Nov. 21 on IdahoCapitalSun.com . Pete Hegseth, president-elect Donald Trump’s nominee for Secretary of Defense , has close ties to an Idaho-based Christian nationalist church that aims to turn America into a theocracy. Hegseth is a member of a Tennessee congregation affiliated with Christ Church, a controversial congregation in Moscow, Idaho, that has become a leader in the movement to get more Christianity in the public sphere. In an appearance last year on the Christ Church-connected streaming show “Crosspolitic,” Hegseth talked about how building up fundamentalist Christian education systems is important in what he sees as a “spiritual battle” with the secular world. He sees Christian students as foot soldiers in that war and refers to Christian schools as “boot camp.” “We’re in middle phase one right now, which is effectively a tactical retreat where you regroup, consolidate and reorganize and as you do so, you build your army underground with the opportunity later on of taking offensive operations – and obviously all of this is metaphorical and all that good stuff,” he said on the show. Hegseth did not immediately respond to requests for an interview. HEGSETH HAS SPOKEN POSITIVELY ABOUT CHRIST CHURCH PASTOR DOUG WILSON'S WRITINGS Christ Church is led by Pastor Doug Wilson, who founded the Calvinist group of churches called the Communion of Reformed Evangelical Churches, or CREC. CREC has congregations in nearly all 50 states and several foreign countries. Hegseth’s church is a member of CREC, and Hegseth has spoken positively of Wilson’s writings. Wilson and his allies have a rigid patriarchal belief system and don’t believe in the separation of church and state. They support taking away the right to vote from most women, barring non-Christians from holding office and criminalizing the LGBTQ+ community. Recently, Wilson has increased his influence nationally as he’s built a religious, educational and media empire. His Association of Classical Christian Schools has hundreds of fundamentalist schools around the country, and his publishing outfit Canon Press churns out dozens of titles a year as well as popular streaming shows that highlight unyielding socially conservative ideals. In the recently released podcast, “Extremely American” (created by this reporter), Wilson says one of his goals is to get like-minded people into positions of influence. In an emailed response for this story, he said he’s closer to that post-election and that he supports Hegseth’s nomination, though he downplayed any influence he has on him. “I was grateful for Trump’s win, and believe that it is much more likely that Christians with views similar to mine will receive positions in the new administration,” he said. HEGSETH NOMINATION COULD THREATEN COHESION, DIVERSITY OF U.S. MILITARY, EXPERTS SAY That’s what worries Air Force veteran Mikey Weinstein, who is the president of the Military Religious Freedom Foundation . Weinstein says Hegseth, if confirmed as Secretary of Defense, would threaten the cohesion of a religiously and racially diverse U.S. military. “Pete Hegseth is a poster child for literally everything that would be the opposite of what you would want to have for someone who’s controlling the technologically most lethal organization in the history of this country,” he said. Weinstein sees Hegseth’s nomination as an example of the dangers of Project 2025, a 900-page policy paper written by far-right political activists. It lays out a plan to gut the federal government and install Christian nationalist ideals. “Christian nationalism is an absolute fatal cancer metastasizing at light speed (for) the national security of this country,” he said. “It is a Christian version of the Taliban.” Matthew D. Taylor, senior scholar at the Institute for Islamic, Christian and Jewish Studies, said Hegseth is “one of the most extreme far right figures ever nominated to a cabinet post, at least in modern memory.” Taylor said he’s broadly concerned about Christian nationalists, who tend to take a dim view of democracy, potentially having a lot of sway in this administration. “I think we should expect a profound degradation of our democratic norms of the rule of law, and I think we are edging closer to a de facto Anglo Protestant establishment, of the kind where Anglo Protestant Christianity as the de facto official religion in the United States,” he said. Hegseth faces some headwinds in his nomination process due to multiple marital sex scandals and the recent revelation that he paid a woman who accused him of sexual assault in exchange for her not speaking about it. He denies he assaulted her but admits he paid her . He’s also gotten criticism for tattoos that are symbols of the Crusades and wrote a book titled “American Crusade,” where he derides Muslims. Before becoming a TV personality, Hegseth led the conservative veterans group Concerned Veterans for America, which advocated for increased privatization of veterans’ health care. He has also said that women should not be allowed to serve in combat roles in the military, and has complained about what he terms “woke” policies in the military.Art events that made 2024Hawaii Bowl tonight: Upgraded Bet365 bonus code offers $150 in bonus bets for Christmas Eve
NEW YORK (AP) — Free agent pitchers Luis Gabriel Moreno and Alejandro Crisostomo were suspended for 80 games each by Major League Baseball on Friday following positive tests for performance-enhancing substances under the minor league drug program. Moreno tested positive for Nandrolone, and Crisostomo tested positive for Boldenone and Nandrolone, the commissioner’s office said. A 26-year-old right-hander, Moreno was released by the New York Mets’ Class A Brooklyn Cyclones on Tuesday. He was 5-1 with a 5.33 ERA in 12 relief appearances this season for Brooklyn after spending 2016-23 in the San Francisco Giants organization. Crisostomo, a 24-year-old right-hander, was released by Minnesota on Aug. 24 after going 0-1 with a 7.13 ERA this year with the Florida Complex League Twins. He signed with Boston in 2017, spent 2018 in the Dominican Summer League with the Red Sox, then signed with Minnesota and spent 2023 with the Twins DSL team. Nineteen players have been suspended this year for positive drug tests, including eight under the minor league program and nine under the new program for minor league players assigned outside the United States and Canada. Two players have been suspended this year under the major league drug program. Noelvi Marté , a 22-year-old infielder who is the Cincinnati Reds’ top prospect, missed the first 80 games following a positive test for boldenone. Toronto Blue Jays infielder Orelvis Martínez was suspended for 80 games on June 23 following a positive test for the performance-enhancing drug clomiphene, an announcement made two days after his major league debut . AP MLB: https://apnews.com/hub/mlbXerox Holdings Corp. stock underperforms Monday when compared to competitors despite daily gainsNew coach Chris Holtmann has been tasked with rebuilding DePaul to the point where it can return to the NCAA Tournament for the first time since 2004. Northern Illinois coach Rashon Burno knows what it takes to steer DePaul to the NCAAs because he was the starting point guard on the 2000 team that made the tournament -- the Blue Demons' only other NCAA appearance since 1992. Perhaps they can compare notes Saturday afternoon when Burno leads the Huskies (2-3) back to his alma mater as DePaul (5-0) hosts its sixth straight home game in Chicago. Last season, Burno's NIU squad helped accelerate DePaul's need for a new coach -- as the Huskies waltzed into Wintrust Arena and owned Tony Stubblefield's Blue Demons by an 89-79 score on Nov. 25. The Huskies built a 24-point second-half lead before coasting to the finish line. Can history repeat for NIU? There's just one problem with using last year's game as a potential barometer for Saturday's rematch: Almost no players on this year's teams were part of last year's squads. At DePaul, only assistant coach Paris Parham remains as Holtmann had the green light to bring in an all-new roster. UIC graduate transfer Isaiah Rivera (16.0 ppg, .485 3-point rate) and Coastal Carolina transfer Jacob Meyer (15.4 ppg, .406 on 3s) lead a balanced attack that focuses on getting half its shots from beyond the arc. At NIU, Burno retained only two players who competed against DePaul last year -- Ethan Butler and Oluwasegun Durosinmi -- and they combined for three points in 26 minutes in that game. The Huskies' main players used the transfer portal to join such programs as Kansas, Wisconsin, Penn State, Colorado State, James Madison, Georgia State and Niagara. With every starting job open, Butler has jumped into the lineup and produced 11.6 points, 4.8 rebounds, 1.8 blocks and 1.4 steals per game. Transfers Quentin Jones (Cal Poly) and James Dent (Western Illinois) pace the Huskies with 14.4 and 14.0 points per game. NIU is on a two-game losing streak, most recently a 75-48 home defeat at the hands of Elon on Wednesday. Holtmann hopes to have Arkansas transfer Layden Blocker for Saturday's game. Blocker missed Tuesday's 78-69 win over Eastern Illinois with a quad injury. With the combo guard unavailable, point guard Conor Enright handed out a career-high 11 assists in a season-high 38 minutes. "We need (Blocker)," Holtmann said. "I don't want to play Conor 38 minutes." --Field Level Media
Abacus Life Announces Closing of Public Offering of 12,500,000 Shares of Common Stock
said he is still "far away" from resolving his future at after scoring once and creating two more goals in a at West Ham that moved Arne Slot's team eight points clear at the top of the . Salah, 32, can open negotiations with non-English clubs from this Wednesday (Jan 1) about a free agent transfer at the end of the season with his existing contract due to expire on June 30. Liverpool teammates and also enter the final six months of their Anfield contracts this week. But despite the ongoing uncertainty surrounding his contract beyond next summer, Salah said his focus is on winning the title with Liverpool and that he is no closer to agreeing a new deal. "No we are far away from that [contract] and I don't want to put anything in the media," Salah told Sky Sports. "The only thing on my mind is I want Liverpool to win the league and I want to be part of that. "I will do my best for the team to win the trophy. There is a few other teams catching up with us and we need to stay focused and humble and go again. "I am just trying to enjoy the game. At the end of the day I came here for the result and I wanted to do something in the game, but I am almost hungry for more." Liverpool manager Arne Slot said he is unconcerned about the three senior players being able to talk to overseas clubs from Jan 1, saying that he believes he still has come control over their destiny. "I think I have a lot of control over what they do," Slot said. "If they're on a training pitch, if they're in a meeting with me, but talking about the private lives, I don't have control about them. "So that was the situation I have a year ago. There's been a situation as long as I'm a manager, but I have control to a certain extent over them from what I expect from them on the pitch and I'm really pleased to see what Virgil brings, what Trent brings and what Mo brings. "Now the positive thing for me is that for four or five months it was only Trent Mo and Virgil, what you guys were talking about. "And I assume, and don't let me down please, that people now are going to talk about how many players we are going to bring in the upcoming month and which other player is going to leave. So I get some other questions as well. Not only about these!" When asked if Liverpool had any plans for January, however, Slot said he is happy with the squad at his disposal. "I said this six months ago and everybody goes, "Is this guy crazy?" Slot said. "But I think the players showed that the confidence the club and me as well had in them was well deserved." Slot, meanwhile, described Salah as extraordinary after the 32-year-old registered his 17th leaguer goal and 13th assist in the win at West Ham. "The word extraordinary is something I've heard a lot in the last six months and he truly deserves this and probably in the last eight years too," Slot said. "But I'm involved in the last half years, so yeah, I don't think he keeps surprising us. "We know what a player he is and we know he's able to do so, but apart from that, he works really hard for the team also when the other team has the ball and yeah, we can only hope that he can keep bringing these performances in. "But I would like to add that if he scores, there's also a lead up to him scoring. So there are also other players that bring him in these positions, but if you bring Mo in these positions, he's extraordinary. Definitely."ADDISON, Texas--(BUSINESS WIRE)--Nov 25, 2024-- Concentra Group Holdings Parent, Inc. (“Concentra,” “we,” “us,” or “our”) (NYSE: CON) today announced that Select Medical Holdings Corporation (“Select Medical”) (NYSE: SEM) has completed its previously announced distribution (the “Distribution”) of 104,093,503 shares of Concentra’s common stock owned by Select Medical Corporation (“SMC”), a wholly owned subsidiary of Select Medical, representing approximately 81.7% of the outstanding shares of Concentra’s common stock. After the completion of the Distribution, Select Medical no longer owns any shares of Concentra’s common stock. The Distribution was made today to Select Medical’s stockholders as of the close of business on November 18, 2024 (the “Record Date”). The Distribution took place in the form of a pro rata common stock distribution to each of Select Medical’s stockholders on the Record Date. Based on the shares of Select Medical’s common stock outstanding on the Record Date, Select Medical’s stockholders received 0.806971 shares of Concentra’s common stock for every share of Select Medical’s common stock held as of the Record Date. No fractional shares of Concentra’s common stock were distributed. Instead, Select Medical’s stockholders will receive cash in lieu of any fraction of a share of Concentra’s common stock that they otherwise would have received. On November 19, 2024, Select Medical made available an information statement to its stockholders on the Record Date, which included details on the Distribution. The information statement is posted under the Investor Relations tab on Select Medical’s website at www.selectmedical.com/investor-relations/ . About Concentra Concentra is the largest provider of occupational health services in the United States by number of locations, with the mission of improving the health of America’s workforce, one patient at a time. Concentra’s 11,000 colleagues and affiliated physicians and clinicians support the delivery of an extensive suite of services, including occupational and consumer health services and other direct-to-employer care, to more than 50,000 patients each day on average across 45 states at our 549 occupational health centers, 156 onsite health clinics at employer worksites, and Concentra Telemed as of September 30, 2024. This press release may contain forward-looking statements based on current management expectations. Numerous factors, including those related to market conditions and those detailed from time-to-time in Concentra’s filings with the Securities and Exchange Commission, may cause results to differ materially from those anticipated in the forward-looking statements. Many of the factors that will determine Concentra’s future results are beyond the ability of Concentra to control or predict. These statements are subject to risks and uncertainties and, therefore, actual results may differ materially. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. Concentra undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125422840/en/ CONTACT: Investor inquiries: Bill Chapman Vice President, Strategy & Investor Relations 972-725-6488 ir@concentra.com KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: HEALTH TELEMEDICINE/VIRTUAL MEDICINE HEALTH TECHNOLOGY HEALTH INSURANCE MANAGED CARE GENERAL HEALTH SOURCE: Concentra Group Holdings Parent, Inc. Copyright Business Wire 2024. PUB: 11/25/2024 05:30 PM/DISC: 11/25/2024 05:28 PM http://www.businesswire.com/news/home/20241125422840/en
GUANGZHOU, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) ("HPH” or the "Company”), today announced that Mr. Youjie Kong has decided to resign from the Board as director due to personal reasons, effective from November 25, 2024. The resignation of Mr. Kong did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. The Company takes this opportunity to express its appreciation to Mr. Kong for his dedicated service to the Company. About HPH Founded in 2010 and formerly known as Puyi Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance. We currently hold controlling interests in two leading financial service providers in China. The first is AIX Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider. Highest Performances Holdings Inc., formerly known as Puyi Inc., was renamed on March 13, 2024 to reflect its strategic transformation. Forward-looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as "may”, "will”, "intend”, "should”, "believe”, "expect”, "anticipate”, "project”, "estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH's ability to obtain proceeds from the Agreement; HPH's goals and strategies; HPH's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov . HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Highest Performances Holdings Inc. CONTACT: For more information, please contact: Highest Performances Holdings Inc. Tel: +86-20-28866499 Email: [email protected]
Hundreds of people descended on Sweida's main square, singing and clapping in jubilation, just days after Islamist-led rebels took the capital Damascus, sending Assad fleeing. The Druze-majority city in Syria's south has been a focal point of renewed anti-government demonstrations over the past year and a half. On Friday, residents waved Syria's pre-Assad flag of white, green and black with three stars, and raised olive branches in a sign of peace. Some of them have lost family members during the anti-government uprising that began in 2011 and spiralled into civil war. Others, like Hinnawi, had languished in prison under the Assad family's five-decade rule. "It was a dream," said 77-year-old Hinnawi of Assad's ouster. Decades ago, a few years after Hafez al-Assad seized power -- which he later handed over to his son Bashar -- a 23-year-old Hinnawi was jailed. He was released 17 years later. The grey-haired man said he had "dreamed that one day the regime would fall", but did not believe that he would live to see the day. "It's a wonderful sight. Nobody could have imagined that this could happen", he said. But his joy was incomplete, remembering the many who have died in jail. "I wish that those who died when I was imprisoned in Mazzeh or Saydnaya could see this scene," said Hinnawi. Since Assad's fall, rebel forces and residents have broken into both detention centres, freeing political prisoners and searching for long-missing loved ones. Activists and rights groups say the Assad government tortured and abused inmates at both facilities. "I got out when I was 40, I missed out of my whole life," said Hinnawi, who served in the Syrian army before being jailed. Recalling torture behind bars, he said that "no oppressor in history has done what they did to us." Since Sunday, the ousted government's security forces were nowhere to be seen in Sweida, and the office of Assad's Baath party has been abandoned, as have army checkpoints on the road to Damascus. Local armed men are present, but not the Islamist group Hayat Tahrir al-Sham which spearheaded the rebel offensive against Assad. Siham Zein al-Din, who lost her son in 2014 after he defected from the national army to join rebel fighters, said he had "sacrificed his life... for freedom, for dignity". The family was still searching for Khaldun's remains, said his 60-year-old mother. Like her son, some members of the Druze community took up arms against Assad's forces during the war. The Druze, who also live in Lebanon, Israel and the Israeli-occupied Golan Heights, make up about three percent of Syria's population, around 700,000 people. Beyond defending themselves from attacks in the areas where they live, Syria's Druze largely stayed on the sidelines of the civil war. Many managed to avoid compulsory conscription since 2011. Residents of Sweida have long complained of discrimination and the lack of basic services. Many buildings in the city are constructed from black volcanic stone that can be found in the area, and its roads have fallen into disrepair. Sheikh Marwan Hussein Rizk, a religious leader, said that "Sweida province has been marginalised" for decades, with most of its residents living in poverty. But, surrounded by the joyful protesters, Rizk said better days may be coming. "Today, we look to the future and ask for a helping hand... Our hand is extended to all Syrians." Next to him, resident Hussein Bondok held up a poster of his brother Nasser, a journalist and opposition activist who was last heard from in 2014 when he was arrested. Bondok, 54, said he believes his brother was likely killed under torture in one of Damascus's prisons. Nasser struggled for freedom, Bondok said. "I want to congratulate him now, because the seeds he had planted with his brothers-in-arms has become a tree." lk/ami/it
Hardeep Singh Puri (File photo) NEW DELHI: India's dependence on traditional fossil fuel energy will reduce to around 30% by 2047, when the country celebrates its 100th year of Independence, petroleum & natural gas minister Hardeep Puri said on Friday. "The transition (to clean fuels) is not a switch which you can turn on and off. You have to establish expensive infra to make the transition...The test lies in what we are achieving on the green front," Puri said. He added that ethanol blending has gone up from 1.4% in 2014 to 10% in 2022, and 20% would be achieved by 2025. The minister said India is moving forward in compressed biogas segment and around 80 plants are under commissioning. Puri said the country is moving towards making 15% of its energy mix through natural gas. He also slammed the opposition for protesting outside Parliament, rather than debating issues. "The nature of the protest reflects the maturity level of politics," he added. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Read this article for free: Already have an account? To continue reading, please subscribe: * A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Read unlimited articles for free today: Already have an account? A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence “dictatorship” is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world’s richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk’s filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI’s CEO. Musk also wanted the job, according to emails revealed as part of the court case, but grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence, or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI,” said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don’t want to control the final AGI, but during this negotiation, you’ve shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman’s desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk’s early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI’s board in early 2018. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Musk didn’t immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives. Advertisement Advertisement
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AI no longer flavour of the season but a reality at scale; 2025 to see AI turn into business value PTI Updated: December 29th, 2024, 17:26 IST in Business , Sci-Tech 0 Pic- IANS Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi: Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability – who is liable if an accident or mishap occurs due to the use of AI. Also Read Stock markets to end 2024 with positive returns despite roller coaster ride 52 mins ago Mcap of 6 of top-10 most valued firms climbs Rs 86,847.88 cr; HDFC Bank, RIL biggest gainers 1 hour ago As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. “We are working towards a future where AI is integrated seamlessly into everyday operations beyond the honeymoon period and into a mature phase,” he said in an interaction with PTI. “This growth isn’t confined to technology firms; conventional sectors like banking, finance, and healthcare are also progressively integrating AI to improve operational efficiency and boost customer engagement. “AI is no longer the flavour of the season but is now the reality at scale. It is gaining momentum across all business domains and sectors. Even those that were traditionally considered laggards like BFSI or healthcare are looking forward to embracing AI. “CIOs today are shifting their approach away from POC to executing initiatives at scale ... to turn the GenAI ‘trend’ into business value by solving real business problems and cutting out the noise while managing costs,” Purohit said. However, Indian enterprises will need to scale AI by expanding the gamut beyond basic virtual assistants and predictive analytics to a combination of AI-tech-based scalable use cases, according to nasscom. “With the global AI market valued at approximately USD 235 billion and projected to grow to over USD 631 billion by 2028, AI is redefining industries and economies. The possibilities seem endless, from predictive analytics in agriculture to personalised healthcare solutions. In addition, emerging technologies such as quantum computing and federated learning are poised to redefine the AI landscape and open new frontiers,” Tech Mahindra COO Atul Soneja said. Agentic AI: The new frontier of Autonomous Intelligence The futuristic movies where technology takes over human tasks are set to become a reality in 2025, as an increasing number of enterprises adopt agentic AI to handle mundane and repetitive jobs. Arun Parameswaran, MD, Sales, Salesforce India, believes 2025 will mark the true dawn of agentic AI – a new era where AI systems move beyond being reactive assistants to becoming proactive, autonomous agents capable of transforming customer engagement, business efficiency, and decision-making. “We will witness AI agents working collaboratively, transforming productivity and redefining problem-solving at an unprecedented scale. The future will not just be about using AI; it will be about creating and customizing agents that collaborate to understand and execute strategic tasks and decisions, both in personal and business contexts,” he said. AI agents will significantly enhance business processes by improving efficiency and customer service, Purohit said. Sky’s the Limit: Cloud Computing soars alongside AI In addition to AI, cloud computing continues to gain traction. Major players like Amazon Web Services and Microsoft Azure are expanding their footprints in India, catering to the increasing demand for scalable and flexible IT solutions. This shift towards cloud services is enabling businesses to innovate rapidly and respond more effectively to market changes. According to research firm IDC, the overall Indian public cloud services market is expected to reach $24.2 billion by 2028, growing at a CAGR of 23.8 per cent for 2023-28. “The integration of AI with cloud services will allow companies to quickly scale their AI models, manage extensive datasets in real-time, and gain insights for smarter decision-making. “The combination of AI and cloud services will help businesses innovate more swiftly, respond to market changes with greater flexibility, and maintain a long-term competitive edge,” Purohit said. Adapt or fade away: Upskilling essential amid AI boom The rapid evolution of technology is also reshaping the job landscape and demand for skilled talent is set to soar as AI continues to redefine job roles across sectors. “With the rapid deployment of AI-led solutions, the industry will soon witness a demand-supply gap of skilled talent. Future professionals will need to build deeper business and communications skills, such as listening, problem-solving, as well as specific domain expertise to leverage AI to solve complex business problems,” Purohit said. Future professionals will need a robust blend of technical expertise and soft skills, including adaptability, emotional intelligence, and strong communication abilities. As businesses increasingly rely on AI-driven solutions, there will be a critical need for individuals who can bridge the gap between technology and business strategy. “AI/Gen AI will impact knowledge work (white-collar work) in ways that no prior technology has, and this is likely to cause significant and continuous shifts in knowledge work (the what) and ways of working (the how) for all businesses. All businesses will need to define work next-practices continually to remain competitive,” TCS CTO Harrick Vin said in an interaction with PTI. Future roles will require greater levels of critical thinking, design, strategic goal setting, and creative problem-solving skills, he said. “This would mean different things in the context of various types of work. For example, for the domain of software DevOps, teams will start to de-prioritise basic scripting skills for infrastructure provisioning and configuration, low-level monitoring configurations and metrics tracking, and test automation, among others. Instead, they will focus more on product requirements analysis, definition of acceptance criteria, software and architectural design,” Vin said. For professionals entering the tech industry in 2025, he listed three primary and most needed skills’ — Learning to learn; Critical thinking/analysis; and Techno-functional skills for applying computational thinking and methods to solve complex domain problems. PTI Tags: AI Business technology Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you're human:BALTIMORE — Maryland falls in the top five states where women must save more than men to have a comfortable retirement, a new study shows. Women tend to live longer and earn less than men, the Nov. 11 study by NetCredit showed. In Maryland, women need to save $969,506 to retire comfortably, or about $364,337 more than men, according to data from the U.S. Census Bureau and MIT’s Living Wage Calculator. NetCredit, an online financial services provider, compared the average length of retirement in the U.S. to life expectancy and wages by gender by state. The findings showed that the additional amount women in Maryland need to save would be equivalent to working more than seven years extra, with no spending. NetCredit said about 4.1 million Americans will end up retiring this year. About two-thirds of retirees live on savings or pensions, while about 92% draw on Social Security. Of those yet to retire, about a quarter lack retirement savings and more than one in 10 over age 65 lives in poverty. Single women and women of color are disproportionately represented in that group. On average, women earn 84% of what men earn and living six years longer. They are more likely to spend time out of work raising children or caring for aging parents, the study said. It found differences by state because of cost of living, gender wage gap and life expectancy. The study found women in Hawaii with the biggest disparity, needing $422,897 more than their male counterparts to retire comfortably. Maryland ranked as having the fifth biggest disparity. NetCredit said younger workers face challenges in saving for later in life too. The average millennial carries more than $30,000 in debt, not including mortgages. ------- ©2024 The Baltimore Sun. Visit at baltimoresun.com . Distributed by Tribune Content Agency, LLC.
BASHAR al-Assad's 24-year rule over Syria has finally crumbled, marking the end of a regime infamous for its heinous crimes and devastating legacy. Once hailed as a potential reformer, Assad’s journey from a soft-spoken London-trained eye doctor to one of the most brutal dictators of the 21st century is a chilling tale of power corruption. Assad’s rule over Syria ended in dramatic fashion after rebel f orces stormed Damascus in a surprise offensive , forcing the dictator to flee to Russia. This marked the conclusion of a regime notorious for its brutality, including chemical attacks, mass detentions, and the decimation of Syrian cities. Born in 1965 to Hafez al-Assad, Syria’s iron-fisted leader, Bashar grew up as the unassuming third son in a political dynasty. He seemed destined for a quiet life in medicine, even earning the nickname “geeky IT guy” while specialising in ophthalmology in London. His life took a dramatic turn in 1994 when his elder brother, Bassel, the family’s chosen heir, died in a car accident. Bashar was abruptly recalled to Syria and groomed for power. When Hafez died in 2000, the Syrian parliament amended the constitution to lower the presidential age requirement from 40 to 34, enabling the younger Assad to assume power. Initially, hope stirred for reform as Bashar promised modernisation, anti-corruption measures, and political openness. But the so-called “Damascus Spring” was short-lived. Within a year, Assad cracked down on dissenters, signalling the beginning of his authoritarian rule. The Assad regime quickly devolved into a kleptocracy, with Assad and his extended family siphoning wealth while suppressing opposition. Corruption ran rampant, and citizens chafed under economic stagnation and police-state oppression. In 2011, when the Arab Spring ignited hope for change across the Middle East , Assad’s government responded to peaceful pro-democracy protests with violence. The brutal suppression in Daraa, where security forces tortured children and fired on unarmed demonstrators, sparked nationwide outrage. Assad’s response was devastating: he unleashed his military on civilians, transforming protests into an all-out civil war. His forces targeted hospitals, schools, and marketplaces with barrel bombs and chemical weapons. The 2013 sarin gas attack on Ghouta left hundreds dead and cemented Assad's reputation as a war criminal. The Syrian Civil War became a geopolitical quagmire. Assad, backed by Russia and Iran, portrayed himself as a bulwark against terrorism while cynically releasing jihadist prisoners to bolster extremist factions. This fuelled the rise of groups like ISIS, reshaping global terror. By 2015, Assad’s regime controlled only 10 per cent of Syria. It was Russia’s military intervention, with relentless airstrikes under the guise of fighting terrorism, that turned the tide. Russian President Vladimir Putin and Iranian Supreme Leader Ayatollah Khamenei propped up Assad, ensuring his survival even as Syria became a battleground for international powers. Despite gaining the upper hand, Assad’s methods hollowed out Syria. Cities like Aleppo and Homs were reduced to rubble, over half the population was displaced, and hundreds of thousands perished. The United Nations accused Assad of widespread atrocities, from systematic torture in government prisons to indiscriminate bombings. The end of Assad’s reign came abruptly in December 2024, as rebel forces launched a lightning offensive , exploiting weakened Syrian defences. Rebels captured Damascus in a lightning campaign, declaring the capital “free” and marking the end of years of brutal authoritarian rule. With Russia mired in Ukraine and Iran preoccupied with regional conflicts, Assad’s regime was left vulnerable. Rebels stormed Aleppo, marking a symbolic victory, and Assad fled Damascus. Assad left aboard a military plane amid rumours of its crash before resurfacing in Moscow, where Vladimir Putin granted him asylum. Meanwhile, opposition forces took control of key cities, toppled Assad’s statues, and announced plans for a transitional government. The fall of Assad deals a blow to allies Russia and Iran, with both withdrawing assets from Syria. Challenges remain as Syrians celebrate, but hopes rise for a democratic future after years of war. His fall not only signals the collapse of a dynastic dictatorship but also underscores the cost of clinging to power through terror. Bashar al-Assad has left behind a shattered nation. He decimated Syria’s infrastructure, fractured its society, and plunged millions into despair. Syria became synonymous with human suffering, and Assad’s name will forever be tied to some of the worst war crimes of the modern era. The man once seen as a modernising reformer will be remembered instead as a symbol of unchecked brutality, his legacy written in the blood of his own people.ORLANDO, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the closing of its oversubscribed underwritten public offering of 12,500,000 shares of its common stock, consisting of 10,000,000 shares of its common stock sold by the Company and 2,500,000 shares of common stock sold by certain stockholders of the Company (the “Selling Stockholders”) at the public offering price of $8.00 per share. The gross proceeds raised in the offering, before underwriting discounts and commissions and estimated expenses of the offering, were approximately $100 million, of which approximately $80 million was raised in the primary offering by the Company and approximately $20 million was paid in connection with the sale of shares by the Selling Stockholders. Abacus intends to use net proceeds that it receives for its operations, including the purchase of life settlement policies, to support its overall business strategy, for working capital purposes, and for general corporate purposes, which may include funding previously announced and future acquisitions and repayment and refinancing of its indebtedness. Abacus did not receive any proceeds from the sale of shares of common stock by the Selling Stockholders. Piper Sandler & Co., TD Securities (USA) LLC, KKR Capital Markets LLC, B. Riley Securities, Inc. and SG Americas Securities, LLC acted as joint book-running managers and representatives of the underwriters for the offering. The registration statements on Form S-3 relating to this offering were declared effective by the Securities and Exchange Commission (“SEC”) on November 14, 2024. Final prospectus supplements and accompanying prospectuses relating to and describing the terms of the offering were filed with the SEC on November 25, 2024 and may be obtained from: Piper Sandler & Co. by mail at 1251 Avenue of the Americas, 6th Floor, New York, NY 10020 or by email at prospectus@psc.com; TD Securities (USA) LLC by mail at 1 Vanderbilt Avenue, New York, NY 10017, by telephone at (855) 495-9846 or by email at TD.ECM_Prospectus@tdsecurities.com; KKR Capital Markets LLC by mail at 30 Hudson Yards, 75th Floor, New York, NY 10001, Attention: Prospectus Delivery; B. Riley Securities, Inc. by mail at 1300 17th Street North, Suite 1300, Arlington, VA 22209, by telephone at (703) 312-9580 or by email at prospectuses@brileyfin.com; SG Americas Securities, LLC by mail at 245 Park Avenue, New York, NY 10167 or by email at us-ny-prospectus@sgcib.com; or by accessing the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares of the Company’s common stock or any other securities, nor shall there be any sale of such shares of common stock or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Abacus Abacus is a pioneering global alternative asset manager and market maker specializing in uncorrelated financial products. The Company leverages its longevity data and actuarial technology to purchase life insurance policies from consumers seeking liquidity. This creates a high-return asset class uncorrelated to market fluctuations for institutional investors. With nearly $3 billion in assets under management, including pending acquisitions, Abacus is the only publicly traded global alternative asset manager focused on lifespan-based financial products. Forward-Looking Statements All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes but is not limited to statements regarding the proposed offering, including the expected closing of the proposed offering; Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Abacus’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions). While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the fact that Abacus’s loss reserves are bases on estimates and may be inadequate to cover its actual losses; the failure to properly price Abacus’s insurance policies; the geographic concentration of Abacus’s business; the cyclical nature of Abacus’s industry; the impact of regulation on Abacus’s business; the effects of competition on Abacus’s business; the failure of Abacus’s relationships with independent agencies; the failure to meet Abacus’s investment objectives; the inability to raise capital on favorable terms or at all; the effects of acts of terrorism; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with the SEC from time to time, including the Annual Report on Form 10-K, as amended, and Quarterly Reports on Form 10-Q and subsequent periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations. Contacts: Robert Phillips – SVP Investor Relations rob@abacuslife.com (321) 290-1198 David Jackson – IR/Capital Markets Associate djackson@abacuslife.com (321) 299-0716 Abacus Life Public Relations press@abacuslife.comMusk says US is demanding he pay penalty over disclosures of his Twitter stock purchases DETROIT (AP) — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter, Musk’s lawyer Alex Spiro tells the outgoing SEC chairman, Gary Gensler, that the commission’s demand for a monetary payment is a “misguided scheme” that won’t intimidate Musk. The letter also alleges that the commission reopened an investigation this week into Neuralink, Musk’s computer-to-human brain interface company. The SEC has not released the letter. Nor would it comment on it or confirm whether it has issued such a demand to Musk. Senate begins final push to expand Social Security benefits for millions of people WASHINGTON (AP) — The Senate is pushing toward a vote on legislation that would provide full Social Security benefits to millions of people. Senate Majority Leader Chuck Schumer began the process on Thursday for a final vote on the bill, known as the Social Security Fairness Act. It would eliminate policies that currently limit Social Security payouts for roughly 2.8 million people. The legislation has passed the House. The bill would add more strain on the Social Security Trust funds, which are already estimated to be unable to pay out full benefits beginning in 2035. The measure would add an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office. Trump offers support for dockworkers union by saying ports shouldn't install more automated systems WASHINGTON (AP) — President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports. He posted on social media Thursday that he met with union leaders and that any further “automation” of the ports would harm workers. He wrote that the “amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. The Maritime Alliance says the technology will improve worker safety and strengthen our supply chains, among other things. IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes. The announcement comes under the backdrop of a promised reckoning from Republicans who will hold a majority over both chambers of the next Congress and have long called for rescinding the tens of billions of dollars in funding provided to the agency by Democrats. IRS Commissioner Danny Werfel said improvements made to the agency will help the incoming administration and new Republican majority congress achieve its goals of administering an extension of the 2017 Tax Cuts and Jobs Act. OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship' A 7-year-old dispute between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. OpenAI is filing its response Friday. OpenAI's Altman will donate $1 million to Trump's inaugural fund LOS ANGELES (AP) — OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration. A spokesperson for OpenAI confirmed the move on Friday. The announcement comes one day after Meta, the parent company of Facebook and Instagram, said it donated $1 million to the same fund. Amazon also said it plans to donate $1 million. China signals it's prepared to double down on support for the economy as Trump tariffs loom BANGKOK (AP) — Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy. Analysts said the broad-brush plans from the annual Central Economic Work Conference were more of a recap of current policy than ambitious new initiatives at a time when the outlook is clouded by the President-elect Donald Trump's threats to sharply raise tariffs once he takes office. The ruling Communist Party did commit to raising China's deficit and to doing more to encourage consumer spending by bringing wage increases in line with the pace of economic growth. Here's a look at China's main priorities and their potential implications. Stock market today: Wall Street slips at the end of a bumpy week Stocks slipped as Wall Street closes out a rare bumpy week. The S&P 500 was up less than 0.1% in afternoon trading Friday and headed for a weekly loss. The benchmark index hit its latest in a string of records a week ago. The Dow Jones Industrial Average fell 58 points. The Nasdaq composite was up 0.1%. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. Treasury yields edged higher in the bond market. European markets were mostly lower and Asian markets mostly fell. Next Week: Retail sales, Fed policy update, existing home sales The Commerce Department releases its monthly snapshot of U.S. retail sales Tuesday. Federal Reserve officials wrap up a two-day meeting and issue an interest rate policy update Wednesday. The National Association of Realtors issues its latest update on U.S. home sales Thursday. African Union chairperson candidates advocate for permanent UN Security Council seats NAIROBI, Kenya (AP) — Three African leaders seeking to head the African Union have detailed their plans for regional security amid conflicts and political coups while strongly advocating for inter-Africa trade. The race for chairperson debate was held Friday in Ethiopian capital Addis Ababa. Kenya’s Raila Odinga, Djibouti’s Mahamoud Ali Youssouf and Madagascar’s Richard Randriamandrato are seeking to be elected as chairperson for the 55-member state African Union. They had a two-hour debate Friday in which they all advocated for two permanent seats for African countries at the U.N. Security Council to effectively represent the continent with the youngest population. The three are seeking to convince most African countries before the February election to succeed the African Union Chairperson Moussa Faki.