The Onion's rejected purchase of Infowars in an auction bid supported by families of the Sandy Hook Elementary shooting dealt them a new setback Wednesday and clouded the future of Alex Jones' conspiracy theory platform, which is now poised to remain in his control for at least the near future. What's next for Infowars and Sandy Hook families' long-sought efforts to hold Jones accountable over calling one of the deadliest school shootings in U.S. history a hoax was unclear, after a federal judge in Houston late Tuesday rejected The Onion's winning bid for the site . U.S. Bankruptcy Judge Christopher Lopez in Houston said he did not want another auction but offered no roadmap over how to proceed. One possibility includes ultimately allowing Sandy Hook families — who comprise most of Jones' creditors — to return to state courts in Connecticut and Texas to collect on the nearly $1.5 billion in defamation and emotional distress lawsuit judgments that Jones was ordered to pay them. “Our hope is that when this process ends, and it will end, and it will end sooner rather than later, is that all assets that Alex Jones has available are paid to the families, and that includes Infowars, and that as a result of that process Alex Jones is deprived of the ownership and control of the platform that he’s used to hurt so many people,” Christopher Mattei, an attorney for the Sandy Hook families, said in a phone interview Wednesday. The families, meanwhile, were preparing the mark the 12th anniversary of the Dec. 14 shooting. The sale of Infowars is part of Jones’ personal bankruptcy case , which he filed in late 2022 after he was ordered to pay the $1.5 billion. Jones was sued for repeatedly saying on his show that the 2012 massacre of 20 first graders and six educators was staged by crisis actors to spur more gun control. Lopez said there was a lack of transparency in the bidding process and too much confusion about The Onion's bid. He also said the amount of money offered in the only two bids was too low and there needed to be more effort to try to raise as much money possible from the selling of Infowars' assets. The Onion's parent company, Global Tetrahedron, submitted a $1.75 million cash offer with plans to kick Jones out and relaunch Infowars in January as a parody . The bid also included a deal with many of the Sandy Hook families for them to forgo $750,000 of their auction proceeds and give it to other creditors. Lopez called it a complex arrangement that led to different interpretations of the bid's actual value as well as last-minute changes to a proposed sale order. The other bidder was First United American Companies, which runs a website in Jones’ name that sells nutritional supplements and planned to let Jones stay on the Infowars platforms. It offered $3.5 million in cash and later, with Jones, alleged fraud and collusion in the bidding process. Lopez rejected the allegations, saying that while mistakes were made there was no wrongdoing. Christopher Murray, the trustee who oversaw the auction, said he picked The Onion and its deal with the Sandy Hook families because it would have provided more money to Jones' other creditors. The next steps remained unclear Wednesday. The judge directed Murray to come up with a new plan to move forward. Murray and representatives of The Onion did not immediately return messages seeking comment. The judge said there was a possibility there could be a trial in 2025 to settle Jones' bankruptcy. He said Murray could try to sell the equity in Infowars' parent company. He also said Murray could abandon the efforts, which could allow the Sandy Hook families to return to the state courts where they won their lawsuits against Jones and begin collection proceedings against him. The judge said he wanted to hear back from Murray and others involved in the bankruptcy within 30 days on a plan to move forward. Mattei, who represented the Sandy Hook families in the Connecticut lawsuit, said everyone is waiting to see what plan the trustee comes up with. Jones, meanwhile, continued to allege fraud and collusion on his show Wednesday and threatened legal action over what he called an attempted “rigged auction.” On the social media platform X, he called the judge's ruling a “Major Victory For Freedom Of The Press & Due Process." “I don’t want to have to go after these people, lawsuit-wise, but we have to because if you don’t then you’re aiding and abetting and they do it to other people. They made some big mistakes," he said. It's a solemn and heartbreaking week for relatives of victims of the Sandy Hook shooting in Newtown, Connecticut. The 12th anniversary is Saturday, and some of the victims' relatives were traveling to Washington, D.C., to attend the annual National Vigil for All Victims of Gun Violence on Wednesday evening. The families usually mark the anniversary out of the public eye. Many of the families said their lawsuits against Jones bought back the unbearable pain of losing their loved ones, as well as the trauma of being harassed and threatened by believers of Jones' hoax conspiracy. Relatives said they have been confronted in public by hoax believers and received death and rape threats. Robbie Parker, whose 6-year-old daughter Emilie was killed, testified at the Connecticut lawsuit trial in 2022 that the decade of abuse his family suffered made them move across the country to Washington state, and even there he was accosted in person. The families have not received any money from Jones since winning the trials. Jones has been appealing the $1.5 billion in judgments, and has since conceded that the shooting did happen. Last week, a Connecticut appeals court upheld most of the judgment in that state but reduced it by $150 million. Associated Press writer Juan A. Lozano in Houston contributed to this report. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
The A-share market, which refers to the domestic stock market in China where shares of Chinese companies are traded, has experienced volatility in recent years due to various factors such as economic uncertainties, trade tensions, and regulatory changes. However, despite these challenges, there are reasons to be optimistic about the future performance of the A-share market.
Title: The Retrial of Yu Hua's Case on December 19: Yang Niuhua Faces Trial for the Sixth Time
As the snow continues to fall and the temperatures drop, it is crucial for individuals to take precautions to stay safe and warm. Dressing in layers, keeping a supply of emergency essentials on hand, and checking on vulnerable populations are all important steps to weathering the storm.
10 notable books of 2024, from Sarah J. Maas to Melania TrumpKBC Group NV raised its holdings in shares of International Seaways, Inc. ( NYSE:INSW – Free Report ) by 65.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,084 shares of the transportation company’s stock after purchasing an additional 428 shares during the period. KBC Group NV’s holdings in International Seaways were worth $56,000 as of its most recent SEC filing. Several other institutional investors have also recently added to or reduced their stakes in INSW. Millennium Management LLC acquired a new position in shares of International Seaways in the 2nd quarter valued at about $21,875,000. Vanguard Group Inc. raised its position in shares of International Seaways by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 3,986,353 shares of the transportation company’s stock worth $212,074,000 after purchasing an additional 286,295 shares during the period. American Century Companies Inc. raised its position in shares of International Seaways by 25.7% during the 2nd quarter. American Century Companies Inc. now owns 1,235,135 shares of the transportation company’s stock worth $73,034,000 after purchasing an additional 252,492 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of International Seaways in the 2nd quarter worth approximately $8,781,000. Finally, Boston Partners boosted its position in International Seaways by 433.9% during the 1st quarter. Boston Partners now owns 163,778 shares of the transportation company’s stock valued at $8,718,000 after purchasing an additional 133,102 shares during the period. Institutional investors own 67.29% of the company’s stock. Insider Activity In related news, Director Alexandra Kate Blankenship sold 5,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $49.17, for a total value of $245,850.00. Following the transaction, the director now owns 16,109 shares in the company, valued at approximately $792,079.53. This represents a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, SVP William F. Nugent sold 1,000 shares of the stock in a transaction on Friday, August 30th. The stock was sold at an average price of $51.19, for a total transaction of $51,190.00. Following the transaction, the senior vice president now directly owns 53,803 shares in the company, valued at $2,754,175.57. The trade was a 1.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 15,000 shares of company stock valued at $723,780 over the last three months. Insiders own 1.90% of the company’s stock. International Seaways Trading Up 0.1 % International Seaways ( NYSE:INSW – Get Free Report ) last posted its quarterly earnings data on Thursday, November 7th. The transportation company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.15. International Seaways had a net margin of 50.91% and a return on equity of 24.65%. The business had revenue of $225.20 million during the quarter, compared to analysts’ expectations of $208.75 million. During the same period last year, the firm posted $1.99 earnings per share. The business’s revenue was down 6.8% on a year-over-year basis. Equities analysts predict that International Seaways, Inc. will post 7.92 earnings per share for the current year. International Seaways Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a dividend of $1.32 per share. The ex-dividend date is Friday, December 13th. This is a positive change from International Seaways’s previous quarterly dividend of $0.12. This represents a $5.28 annualized dividend and a yield of 12.75%. International Seaways’s dividend payout ratio is currently 4.64%. Analysts Set New Price Targets Several equities research analysts have weighed in on INSW shares. Jefferies Financial Group dropped their target price on International Seaways from $66.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Stifel Nicolaus cut shares of International Seaways from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $69.00 to $56.00 in a report on Wednesday, October 23rd. Fearnley Fonds raised shares of International Seaways to a “strong-buy” rating in a research note on Friday, September 27th. Finally, StockNews.com lowered shares of International Seaways from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $60.67. Get Our Latest Report on INSW About International Seaways ( Free Report ) International Seaways, Inc owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. Further Reading Five stocks we like better than International Seaways 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Vertiv’s Cool Tech Makes Its Stock Red-Hot REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today MarketBeat Week in Review – 11/18 – 11/22 Stock Average Calculator 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding INSW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Seaways, Inc. ( NYSE:INSW – Free Report ). Receive News & Ratings for International Seaways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Seaways and related companies with MarketBeat.com's FREE daily email newsletter .
4. Avoid excessive or repeated massages within a short period of time, as this can put undue stress on the body and increase the risk of adverse effects.
In the hustle and bustle of everyday life, accidents on the road are an unfortunate but common occurrence. One such incident recently took place on a busy intersection, where two vehicles found themselves in a fender bender. The driver of the small car, visibly upset, immediately pointed fingers at the driver of the truck, accusing them of not braking in time to avoid the collision. This scenario of "threading the needle" gone wrong raises questions about accountability, responsibility, and safety on the roads.
Scholastic Corporation Announces Third Quarter Dividend
With a sense of determination and teamwork, the students carefully maneuvered the homemade tool into the drain, guided by Sarah's directions on the phone's last known location. After a few tense moments of trial and error, the tool finally made contact with the phone, allowing the students to carefully retrieve it from the clutches of the drain. Cheers and applause erupted as Sarah's phone was safely back in her hands, unscathed and fully functional.FinTech for Pet Care: Kennel Connection Donates $5,000 to RedRover for Giving Tuesday--Impact Doubled to $10,000
What happens next with Alex Jones' Infowars? No certainty yet after sale to The Onion is rejectedThe Matilda Djerf Toilet-Scrubbing Scandal, Explained
As the days went by, the man's followers grew uneasy as they noticed a pattern emerging – whenever he faced a setback or struggled with a particular challenge, he would retreat further into anonymity, hiding behind masks, emojis, or other coverings. His updates became sporadic, his progress stalled, and his once-inspiring journey began to lose its momentum.
As winter sets in, a blast of cold air is making its way across China, bringing with it strong snowfall to many regions. The sudden drop in temperature and the heavy snow have caught many by surprise, highlighting the need for caution and preparedness in the face of such extreme weather conditions.