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Blame it on the food and drink?
Keeping fans happy is Chelsea's aim, says Maresca
North-east residents have been left puzzled by a “fireball” falling through the sky. The unusual object was spotted by locals from various areas across Aberdeen and Aberdeenshire this evening, with countless people saying they saw the ‘burning’ spectacle. One person on social media said her son – who saw it in person – described it as a “fireball”, like a “fire in the sky”. Many have offered their suggestions on what it could be including a weather balloon, meteorite shower, flying latern or nacreous clouds. Other suggestions are too controversial to print, while many said they saw jets flying overhead shortly before, and believe it might be a “missile”. We approached the to ask if they could explain what it is. A forecaster replied that it “doesn’t look meteorological to me”. “Fireball” stumps north-east onlookers Ron MacDonald, who took the video, said the object appeared with a “loud bang”. “I was photographing starling murmuration over when I heard a loud bang to the south towards Aberdeen,” he said. “Then I took the photo shown. I also took a shaky (it was very cold!) slow motion video showing the bright orange flames unfurl from the plume of dark smoke. “They seemed to get brighter as they unfurled.” He said he was told “Eurofighters were training in the area” so it was “possibly part of an exercise”. “On reflection, this is the contrail of a Eurofighter jet catching the rays of the setting sun,” he concluded.NASHVILLE, Tenn. (AP) — A federal judge took Diego Pavia 's request for a limited preliminary injunction under advisement at the end of a hearing Wednesday as the Vanderbilt quarterback seeks to play at least another season while his lawsuit against the NCAA plays out in court. U.S. District Judge William L. Campbell asked attorneys how quickly they could be ready for trial. He also asked about the upcoming transfer portal, which opens Monday and closes Dec. 28. Attorney Ryan Downton argued during a 2 1/2-hour hearing that Pavia wants “the narrowest injunction possible” to keep his time in junior college from counting against his NCAA Division I eligibility using older guidelines. Their best hope is for a quick ruling by Monday. “I get the sense from him today that he’s looking at the date the portal closes and trying to give enough time to react before it closes,” Downton said of the judge's timing after the hearing. Campbell peppered attorneys with questions. The judge noted prep schools play against junior colleges, including Pavia's, without starting their NCAA eligibility clock. He also noted junior colleges don't allow redshirt seasons. The judge also said the NCAA has changed its rules over the past 50 years, including allowing freshmen to play and later added the redshirt rule. Campbell sounded surprised when told a player who redshirted this season could play a total of nine games if on the team that wins the College Football Playoff. Pavia filed Nov. 8 in the U.S. District Court for the Middle District of Tennessee in Nashville. His request for a temporary restraining order was denied giving him two more seasons of eligibility allowing a redshirt season “to avoid additional harm.” His lawsuit also asks that Vanderbilt, or any other college, not be punished for complying with orders from the court. Pavia filed a declaration Monday that he is applying to the masters' program for legal studies at Vanderbilt starting in January if he is granted the preliminary injunction. Attorneys Tamarra Matthews Johnson and Max Warren argued for the NCAA that Pavia had done exactly what the organization wants athletes to do earning a bachelor's degree at New Mexico State before being a graduate transfer to Vanderbilt earlier this year. They also argued Pavia easily can seek another degree without playing football. Warren disputed the idea of irreparable damages noting Pavia can receive economic damages at trial without an injunction. Warren also questioned the lawsuit's timing with Pavia quoted that this was his last year of college football. “His best opportunity to earn a living is playing college football ...,” Downton said in court. “This is his chance.” Pavia did not get an offer from a Football Bowl Subdivision school coming out of Volcano Vista High School in Albuquerque, New Mexico. He went to New Mexico Military Institute in 2020 and led the junior college to the 2021 national championship. He went to New Mexico State in 2022 and won 10 games in 2023. The Conference USA Offensive Player of the Year then followed his head coach, Jerry Kill, and offensive coordinator Tim Beck to Vanderbilt this offseason. Matthews Johnson argued that Vanderbilt simply will find another quarterback. Vanderbilt hasn't had many quarterbacks like Pavia who had a handful of his teammates sitting behind him in court. Pavia is a big reason why Vanderbilt is 6-6 and bowl eligible for the first time since 2018. He led the Commodores to their best start in decades, ranked twice in the AP Top 25 and posted their biggest win ever beating then-No. 1 Alabama. That snapped a 60-game winless skid over over AP top-5 teams. Wednesday’s hearing coincided with the early signing period . Vanderbilt coach Clark Lea supported his quarterback’s initial filing and has talked of how much he has meant to the Commodores. That didn’t stop Vanderbilt from signing a quarterback Wednesday out of an Illinois high school in Jack Elliott. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football .Gilbert makes clutch layup, steal as No. 7 LSU beats Washington 68-67 in the Bahamas
Britain’s POSHEST migrant hotel revealed as £150-a-night palatial manor house hosts migrants for three years
SAN FRANCISCO--(BUSINESS WIRE)--Nov 25, 2024-- Salesforce (NYSE: CRM), the #1 AI CRM, today announced it has granted equity awards under its 2014 Inducement Equity Incentive Plan (the "Plan") to new employees who joined Salesforce in connection with the acquisitions of Tenyx, PredictSpring, and Zoomin. The Plan was adopted by the Salesforce Board of Directors in July 2014, in accordance with New York Stock Exchange Rule 303A.08. Through the Plan, Salesforce granted a total of 90,643 restricted stock units ("RSUs") to 36 employees at PredictSpring, 17 employees at Tenyx, and two employees at Zoomin. The RSUs vest over four years with 25 percent of the RSUs vesting on the first anniversary of the grant date and the balance vesting quarterly thereafter in 12 equal installments, subject to continued service through each applicable vesting date. Each of the employees who received an equity award is a non-executive officer. About Salesforce Salesforce helps organizations of any size reimagine their business for the world of AI. With Agentforce, Salesforce’s trusted platform, organizations can bring humans together with agents to drive customer success—powered by AI, data, and action. Visit www.salesforce.com for more information. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125837368/en/ pr@salesforce.com KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: INTERNET DATA MANAGEMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE SOURCE: Salesforce Copyright Business Wire 2024. PUB: 11/25/2024 04:01 PM/DISC: 11/25/2024 04:01 PM http://www.businesswire.com/news/home/20241125837368/en
It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate.Darius Tahir | (TNS) KFF Health News President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. Related Articles National Politics | Donald Trump Jr. emerges as a political force of his own as he helps his father launch a second term National Politics | The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation National Politics | What to know about Brooke Rollins, Trump’s pick for agriculture secretary National Politics | After Trump’s Project 2025 denials, he is tapping its authors and influencers for key roles National Politics | Republicans push back against Democrats’ claims that Trump intelligence pick Gabbard is compromised Oz may gain or lose financially from other Trump administration proposals. For example, as of 2022, Oz held investments worth as much as $6 million in fertility treatment providers. To counter fears that politicians who oppose abortion would ban in vitro fertilization, Trump floated during his campaign making in vitro fertilization treatment free. It’s unclear whether the government would pay for the services. In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.
Quebec Liberal Party leadership candidate Pablo Rodriguez received several new endorsements Sunday, including La Pinière MNA Linda Caron and Mont-Royal-Outremont MNA Michelle Setlakwe. Rodriguez named Caron as senior advisor responsible for social services and Setlakwe as co-chair of his campaign. He announced his candidacy for PLQ leadership in September and was formerly the federal Transport Minister. He has since received several endorsement, including from former ministers in the Bourassa and Couillard governments. The leadership election will take place in June 2025. The other candidates include Frédéric Beauchemin, Marc Bélanger, Denis Coderre and Charles Milliard.
Sen.-elect Dave McCormick is the most popular person in the room at Pa. Society
Former actress Meghan Markle has finally spoken out following rumors that her professional relationship with Prince Harry is "strained." In recent times, the Duke and Duchess of Sussex, currently residing in Montecito, California , have been seen attending events separately. Meghan, 43, a former Suits star , attended a Thanksgiving event last week without her Royal spouse, 40. This follows reports suggesting their work relationship is "in a very bad state." Meghan was all smiles as she participated in an event for the Southern California Welcome Project, in collaboration with hers and Harry's Archewell Foundation, while Harry was noticeably absent. Prince Harry taking an 'aggressive tack' with major rebranding move Harry and Meghan's idyllic US life plagued by 'intolerable' smell - crackdown underway The mother-of-two has now addressed the situation in a statement posted on their joint foundation website. She discussed the "heartfelt dinner" organized for Afghan women by Mina's List. "This initiative, led by the partner organization Mina's List, has spent the past year building community through storytelling and creating a safe space for women who have resettled in the U.S. from Afghanistan," the statement read. It further added: "The evening included a shared meal that encouraged open conversation centered on gratitude and resilience. The Duchess expressed her deep appreciation to the attendees for sharing their personal stories and cultural experiences, underscoring her excitement for future gatherings that continue to strengthen these connections." "The dinner was hosted at Our Place, founded by Shiza Shahid, where the participants were gifted with new cookware for the upcoming holiday season. The Archewell Foundation remains committed to uplifting women and fostering community through shared experiences, reinforcing the importance of unity and support during challenging times." The Duchess of Sussex, known for her love of Thanksgiving, has revealed that she and Prince Harry keep their celebrations "pretty low-key." In an interview with Marie Claire magazine, she expressed her joy at being close to her mother, hinting that Doria Ragland will be joining the Sussexes for the holiday. Meghan also shared a memorable Thanksgiving when feminist activist Gloria Steinem was an unexpected guest. She said: "I was thinking about, in the past few years of having Thanksgiving here, like many of us, I think you always make sure there's room at the table for your friends who don't have family, which is really key." DON'T MISS: 'No trouble' in Harry & Meghan's marriage as they launch separate projects Harry and Meghan's new home could open couple up to 'projects in Europe' Meghan Markle and Prince Harry's Portugal plan makes sense for security reason Last week, Harry, who renounced his Royal duties in January 2020 and no longer carries the title His Royal Highness, attended several Invictus Games events in Vancouver, Canada. However, the couple demonstrated their unity as they jointly paid tribute to veterans from both the US and UK on Veteran's Day earlier this month. Meghan and Harry are scheduled to attend the Invictus Games in Canada come February 2025. The Duchess has hinted that their seldom-seen children, Prince Archie and Princess Lilibet, might make a public appearance. There are also whispers that the Royal couple may be contemplating working independently of each other.
NoneLAKE FOREST, Ill. (AP) — Jaylon Johnson wasn't all that interested in discussing any bright spots or reasons to have hope for the Chicago Bears. The star cornerback made his feelings clear. “I’ve been in slumps four, five years in a row now,” Johnson said Monday. "So, I mean at the end of the day, I don’t look for, ‘OK, what is going to be better in the future?’ ... It will be better when it’s better. So, right now, it’s not better. That’s all I can go off of.” The Bears (4-7) are last in the NFC North and have five straight losses after falling 30-27 to Minnesota in overtime. They wiped out an 11-point deficit in the final 22 seconds of regulation, only to come up short again when the Vikings' Parker Romo kicked a 29-yard field goal. It was the third game during this skid that came down to the final play. The Bears also lost on a Hail Mary at Washington in Week 8 and had a game-ending field goal attempt by Cairo Santos blocked by Green Bay in Week 11. Players have openly questioned some of the coaching decisions in recent weeks. Offensive coordinator Shane Waldron got fired before the game against Green Bay. And coach Matt Eberflus' game management came under more scrutiny against Minnesota. With the Bears trailing 17-10 in the third quarter, there was some confusion on a fourth-and-4 at the Vikings 27. Eberflus said he didn't do a good enough job communicating on the previous play that they would go for it on fourth down. That led to a chaotic sequence in which Santos and long snapper Scott Daly ran onto the field, only to get waved off by a lineman. Quarterback Caleb Williams had to rush to get everyone lined up properly in order to avoid a delay of game. He wound up barking out the wrong play because he misheard the call from offensive coordinator Thomas Brown and threw an incomplete pass. Receiver DJ Moore said Eberflus had not addressed that play with the team. The Bears were scheduled to meet later Monday. “That moment was just like, like a ‘what is going on’ moment that we could have avoided,” he said. The passing game. Williams has clearly looked more comfortable in the two games since Brown replaced the fired Shane Waldron as offensive coordinator. The No. 1 draft pick followed up a solid performance against Green Bay by throwing for 340 yards and two touchdowns. It was his fourth straight turnover-free game and fifth in a row without an interception. Field goal protection. One week after his game-ending 46-yard field goal attempt against Green Bay got blocked, Santos had a 48-yarder rejected on his first try against Minnesota. It happened from the same area, in the middle of the line, when the Vikings' Jerry Tillery knocked down the kick. “I just think it’s technique," Eberflus said. "It’s getting your foot down, bracing up there, staying lower. ... We just have to do a better job there with that.” It was the third blocked field goal for Santos this year, the most for Chicago in a single season since it also had three blocked in 2012. He had a 43-yard try blocked in a win over Jacksonville on Oct. 13. Moore. The Bears have done a better job getting Moore involved under Brown. Moore caught seven passes for a season-high 106 yards and a touchdown against Minnesota. That gave him 14 receptions for 168 yards the past two games, compared to 13 for 104 yards over the previous four. Johnson's 27-yard catch down the middle set up Santos' tying field goal at the end of regulation. But it's not just deep shots. The Bears are finding ways to get the ball in his hands, allowing him to turn short passes into bigger gains. He also had a 13-yard run. RB D’Andre Swift. After a string of solid outings, Swift had just 30 yards on 13 carries. To be fair, he has been dealing with a groin issue, and he was going against the NFL's No. 1 run defense. The Bears reported no injuries during the game. 5-18 — The Bears' record in one-possession games in nearly three seasons under Eberflus, including a 2-5 mark this year. They are 14-31 overall during Eberflus' tenure. The schedule doesn't get any easier, with a Thanksgiving matchup at NFC North leader Detroit. The Lions (10-1) have won nine straight since losing to Tampa Bay in Week 2. AP NFL: https://apnews.com/hub/NFL
The cooler temperatures are a welcome relief to many runners after an extremely hot (and sometimes humid) summer. Related video above — Rossen Reports: These winter warming appliances could put you in danger But if you’re new to running in lower temps, that means dressing differently for your run, which can get tricky. So, what should you wear running in 30-degree weather or below? Follow this guide for everything you need to know about running in the cold. From what to expect when it gets cool to how to layer up properly for various conditions, here’s how to avoid the treadmill (if that’s your goal!) and crush your outdoor runs all winter long. Is running in cold weather dangerous? No, as long as you dress for the weather. When dressing to run in the cold , remember that once you get moving, your body heats up fast, which could result in overheating if you’re bundled up. Layering properly will help regulate your body temperature and keep the risk of cold-related illnesses like hypothermia at bay. The opposite is also true: Once you stop running, you will cool down very quickly, so be prepared to get out of those wet clothes immediately upon finishing your run. If you’re not finishing right at your house where you can hop into a warm shower ASAP, it’s always wise to bring a change of dry clothes to put on as soon as you finish your run or to jump into a warm shower if readily available. Cold weather running gear If you are wondering what to wear in chilly conditions, dressing in layers is the key to running comfortably all winter. You can start the run feeling warm, then easily shed the layers as your body warms up and you need less clothing. Simply tie unneeded layers such as jackets or long-sleeved shirts around your waist and keep running once you’re warm, or plan a loop run so you can drop them off in a safe spot—like your car—when you don’t need them. Remember to put your base layer on the bottom so as you strip layers off, the correct layer is underneath. When stocking up for the winter season, here are a few essentials you should fill your drawers with: Tips for running when it’s cold When dressing to run in cold weather that’s in the area of below 30 degrees Fahrenheit, the rule of thumb is to add 10 to 20 degrees to the outside temperature to calculate your running temperature. Keep in mind that this number is dependent upon how quickly you heat up and cool down, run pace , and the length of your run. So if you are going out for a short run, an easy-paced run, or you get cold easily, add 10 to 15 degrees to the outside temperature to estimate your running temperature. If you are going for a long run , doing a hard workout , or getting warm easily, add 20 degrees to the outside temp. For example, if the thermometer says it’s 40 degrees outside, it’ll feel more like 50 to 60 degrees when running. But you should also consider the windchill factor. When winds are present, look at the “feels like” temperature to determine what to wear. For example, if the outside temp is 40 degrees, but the real feel is reported to be 30 degrees because of the wind chill, you’ll want to add 10 to 20 degrees to the lower temp. When planning your run on windy , cold days, try to run into the wind on your way out and have the wind at your back on your return. It’s best to avoid running into the wind when you are wet and sweaty because you will chill very quickly. And finally, you want to focus on the smaller extremities such as your ears, hands, and feet. These areas are farther away from your heart , which means it takes more effort to get the blood flowing there, especially when all the blood is being directed to your larger muscles to power your run. Warm gloves, socks, and hats or ear covers are essential, even when you can go with a short-sleeved shirt or shorts on some chill days. What to wear when running in cold weather Still wondering what you should wear? You can use our clever What to Wear tool , or use this quick guide. How cold is too cold for running outside? When temperatures dip below freezing, be sure to pay attention to local weather information and warnings. Cold temperatures and dry air can aggravate some health conditions, so use your best judgment as to whether you should run outside or hit the treadmill instead.
Judge rejects request to sideline SJSU volleyball playerStay warm and dry all winter long with these cold-weather running tips
Blame it on the food and drink?NEW YORK , Nov. 25, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("GDH Ltd." or the "Company") is pleased to announce that Galaxy Digital Holdings LP (the "Issuer," and together with GDH Ltd., "Galaxy") has closed its previously announced offering of $402.5 million aggregate principal amount of 2.50% exchangeable senior notes due 2029 (the "Notes"), after the exercise in full by the initial purchasers of the Notes of an option to purchase up to an additional $52.5 million aggregate principal amount of the Notes. The Issuer intends to use the net proceeds from the offering to support the build-out of high-performance computing infrastructure at its Helios data center in West Texas and for general corporate purposes, including potential repurchases of its existing indebtedness. As previously announced, the Company's board of directors has approved a proposed corporate reorganization (the "Reorganization") whereby Galaxy intends to consummate a series of related transactions in connection with its re-domiciliation to the United States , as a result of which the ordinary shares of GDH Ltd. ("ordinary shares") outstanding immediately prior to such transactions will automatically convert into shares of Class A common stock (the "Class A shares," and, together with ordinary shares, the "Common Stock") of Galaxy Digital Inc., a Delaware holding company ("GDI"). Prior to September 1, 2029 , the Notes are exchangeable only upon satisfaction of certain conditions and only during certain periods, and thereafter, the Notes will be exchangeable at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date. The Notes are exchangeable on the terms set forth in the indenture for the Notes into cash, ordinary shares if the exchange occurs prior to the Reorganization or Class A shares if the exchange occurs after the Reorganization, or a combination of cash and ordinary shares or Class A shares, as applicable, in each case, at the Issuer's election. The exchange rate is initially 10,497.5856 shares of Common Stock per $250,000 principal amount of Notes, equivalent to an initial exchange price of approximately USD$23.81 ( CAD$33.30 equivalent based on the November 20, 2024 exchange rate) per share of Common Stock. The initial exchange price of the Notes represents a premium of approximately 37.50% to the CAD$24.22 closing price of the ordinary shares on the TSX on November 20, 2024 , the pricing date. The exchange rate is subject to adjustment in some events. In addition, following certain corporate events that occur prior to the maturity date or the Issuer's delivery of a notice of redemption, the Issuer will increase, in certain circumstances, the exchange rate for a holder who elects to exchange its Notes in connection with such a corporate event or a notice of redemption, as the case may be. The Notes are general unsecured obligations of the Issuer, will accrue interest at a rate of 2.50% per year, payable semi-annually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025 . The Notes will mature on December 1, 2029 , unless earlier repurchased, redeemed or exchanged. The Notes are not redeemable by the Issuer at any time before December 6, 2027 , except in certain circumstances set forth in the indenture. The Notes will be redeemable, in whole or in part, for cash at the Issuer's election at any time, and from time to time, on or after December 6, 2027 and prior to the 41st scheduled trading immediately before the maturity date, but only if the last reported sale price per Common Stock exceeds 130% of the exchange price for a specified period of time. The redemption price for any Note called for redemption will be the principal amount of such Note plus accrued and unpaid interest on such Note to, but not including, the redemption date. If a "fundamental change" (as defined in the indenture) occurs, then, subject to certain conditions, noteholders may require the Issuer to repurchase their Notes for cash. The repurchase price will be equal to the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any, to, but not including, the applicable repurchase date. The Notes and any Common Stock issuable or deliverable upon exchange of the Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any applicable state or foreign securities laws, or qualified by a prospectus in Canada . The Notes and any Common Stock issuable or deliverable upon exchange of the Notes may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from registration under the Securities Act. Following the Reorganization and subject to certain conditions, holders of the Notes are expected to have the benefit under a registration rights agreement to require GDI to register the resale of any Class A shares issuable upon exchange of the Notes on a shelf registration statement to be filed with the U.S. Securities and Exchange Commission. This news release is neither an offer to sell nor the solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. Cautionary Statement Concerning Forward-Looking Statements The information in this press release may contain forward looking information or forward looking statements, including under Canadian securities laws (collectively, "forward-looking statements"). Our forward-looking statements include, but are not limited to, statements regarding the use of proceeds from the offering, our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. Statements that are not historical facts, including statements about Galaxy's business pipelines for banking, expectations for increased load capacity at the Helios site, mining goals and our ability to capture adjacent opportunities, including in high-performance computing and the Helios transaction, focus on self-custody and validator solutions and our commitment to the future of decentralized networks and the pending Reorganization, and the parties, perspectives and expectations, are forward-looking statements. In addition, any statements that refer to estimates, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this document are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks include, but are not limited to: (1) the inability to complete the proposed Reorganization, due to the failure to obtain shareholder and stock exchange approvals, or otherwise; (2) changes to the proposed structure of the Reorganization that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining shareholder or stock exchange approval of the Reorganization; (3) the ability to meet and maintain listing standards following the consummation of the Reorganization; (4) the risk that the Reorganization disrupt current plans and operations; (5) costs related to the Reorganization, operations and strategy; (6) changes in applicable laws or regulations; (7) the possibility that Galaxy may be adversely affected by other economic, business, and/or competitive factors; (8) changes or events that impact the cryptocurrency industry, including potential regulation, that are out of our control; (9) the risk that our business will not grow in line with our expectations or continue on its current trajectory; (10) the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of it; and (11) the possibility that there is a disruption in mining impacting our ability to achieve expected results or change in power dynamics impacting our results or our ability to increase load capacity; (12) any delay or failure to consummate the business mandates or achieve its pipeline goals in banking and Gk8; (13) liquidity or economic conditions impacting our business; (14) regulatory concerns, technological challenges, cyber incidents or exploits on decentralized networks; (15) the failure to enter into definitive agreements or otherwise complete the anticipated transactions with respect to the non-binding term sheet for Helios; (16) TSX approval of the offering and (17) those other risks contained in the Annual Information Forms for GDH Ltd. and the Issuer for the year ended December 31, 2023 available on their respective profiles at www.sedarplus.ca and their respective Management's Discussion and Analysis, filed on November 7, 2024 . Factors that could cause actual results to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of the stated addressable market; the failure or delay in the adoption of digital assets and the blockchain ecosystem; a delay or failure in developing infrastructure for our business or our businesses achieving our banking and Gk8 mandates; delays or other challenges in the mining business related to hosting, power or our mining infrastructure, or our ability to capture adjacent opportunities; any challenges faced with respect to decentralized networks, considerations with respect to liquidity and capital planning and changes in applicable law or regulation and adverse regulatory developments. Should one or more of these risks or uncertainties materialize, they could cause our actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We are not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements. Other Disclaimers The TSX has neither approved nor disapproved the contents of this press release. SOURCE Galaxy Digital Holdings Ltd.
Replacing Storied Huey Helicopters as Part of U.S. Air Force Fleet Modernization Milestones for Boeing and 30-Year-Old Armor Firm TYSONS CORNER, Va. , Nov. 25, 2024 /PRNewswire/ -- Boeing's recent delivery of the first MH-139A Grey Wolf production aircraft to the U.S. Air Force is a milestone for both Boeing and Integris Composites, Inc . In 2018, Boeing was selected as the prime contractor with Leonardo as an original equipment manufacturer to develop the MH-139A aircraft that will provide improved capabilities and greater flexibility than the UH-1N Huey. This icon of military aviation since the Vietnam War is used by the Air Force to protect America's intercontinental missile bases. On Aug. 5, 2024 , Boeing announced delivery of the first production vehicle fitted with armor from Integris. For Integris Composites, this delivery marks the realization of a strategic goal established in 2015 — to be a credentialed Tier One supplier to aerospace manufacturers. "This event signifies the culmination of a nine-year journey," said Andrew Bonham , president of Integris Composites, Inc. "Our European business was previously established as a global aerospace supplier. In 2015, our U.S. management team set the goal of attaining Tier One supplier status with OEM aviation companies and U.S. Department of Defense decision-makers. By 2017, we achieved AS9100 certification, a vital credential for aerospace companies, ensuring compliance with stringent quality and safety standards," Bonham explained. "Then in 2018, Boeing awarded us a contract to develop and engineer the MH-139A armor system. Development, design, and qualification work with Boeing, and Research, Development, Test and Evaluation aircraft with the Air Force followed. Now, thanks to a follow-on contract with Boeing, we are manufacturing the armor kits for the production aircraft," explained David Cordova , chief commercial officer. Integris Composites, Inc. has become a credentialed Tier One supplier to aerospace original equipment manufacturers (OEMs) and prime defense contractors. "Besides Boeing, we have contracts with Bell Flight , Airbus, Velocity Systems, QinetiQ, Battelle Memorial Institute, Mack Defense, American Rheinmetall Vehicles, and the Air Force Institute of Technology ," said Cordova. "Achieving Tier One aerospace supplier status enhances our already strong business and solidifies our reputation as a trusted provider of ballistic armor systems for vehicles, aviation, and personnel. These systems offer critical protection for personnel operating in hostile environments such as warfighters, tactical security personnel and elite law enforcement units," Cordova continued. "Integris Composites produces the most advanced strength-to-weight-ratio in armor for military organizations throughout the world," Cordova continued. Last year Integris Composites became the new name for TenCate Advanced Armour, a global company founded in Europe 30 years ago. Dusty Landing Photo: An MH-139A Grey Wolf helicopter lands on a soft dirt field as part of developmental testing. Department of Defense photo by Samuel King Jr. , Air Force. Appearance does not imply or constitute DoD endorsement. Contact: David Cordova , Chief Commercial Officer Integris Composites USA , Inc. [email protected] +1 704 458 7796 Photos: https://www.prlog.org/13049620 Press release distributed by PRLog SOURCE Integris Composites, Inc.A judge on Monday rejected a request to block a San Jose State women's volleyball team member from playing in a conference tournament on grounds that she is transgender. The ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to compete in the Mountain West Conference women's championship opening this week in Las Vegas. The ruling comes in a lawsuit filed by nine current players against the Mountain West Conference challenging the league's policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player's name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews' ruling referred to the athlete as an "alleged transgender" player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. San Jose State will "continue to support its student-athletes and reject discrimination in all forms," the university said in a statement, confirming that all its student-athletes are eligible to participate under NCAA and conference rules. "We are gratified that the Court rejected an eleventh-hour attempt to change those rules. Our team looks forward to competing in the Mountain West volleyball tournament this week." The conference did not immediately respond to an email seeking comment. The players filed a notice for emergency appeal with the 10th U.S. Circuit Court of Appeals. Crews said the players who filed the complaint could have sought relief much earlier, noting the individual universities had acknowledged that not playing their games against San Jose State this season would result in a loss in league standings. He also refused a request to re-seed the tournament without the forfeited losses. The judge said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 -– making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season's awareness of her reported identity led to an uproar among some players, pundits, parents and politicians in a major election year. Crews' ruling also said injunctions are meant to prevent harm, but in this case, he argued, the harm has already occurred. The games have been forfeited, the tournament has been seeded, the teams have made travel plans and the participants have confirmed they're playing. The tournament starts Wednesday and continues Friday and Saturday. Colorado State is seeded first and San Jose State, second. The teams split their regular-season matches and both get byes into Friday's semifinals. San Jose State will play the winner of Wednesday's match between Utah State and Boise State — teams that both forfeited matches to SJSU during the regular season. Boise State associate athletic director Chris Kutz declined to comment on whether the Broncos would play SJSU if they won their first-round tournament game. Utah State officials did not immediately respond to emails seeking comment. The conference tournament winner gets an automatic bid to the NCAA tournament. San Jose State coach Todd Kress, whose team has not competed in the national tournament since 2001, has said his team has been getting "messages of hate" and that has taken a toll on his players. Several teams refused to play against San Jose State during the season, earning losses in the official conference standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada's players stated they "refuse to participate in any match that advances injustice against female athletes," without elaborating. Nevada did not qualify for the conference tournament. The nine current players and others now suing the Mountain West Conference, the California State University Board of Trustees and others include San Jose State senior setter and co-captain Brooke Slusser. The teammate Slusser says is transgender hits the volleyball with more force than others on the team, raising fear during practices of suffering concussions from a head hit, the complaint says. The Independent Council on Women's Sports is funding a separate lawsuit against the NCAA for allowing transgender women to compete in women's sports. Both lawsuits claim the landmark 1972 federal antidiscrimination law known as Title IX prohibits transgender women in women's sports. Title IX prohibits sexual discrimination in federally funded education; Slusser is a plaintiff in both lawsuits. Several circuit courts have used a U.S. Supreme Court ruling to conclude that discriminating against someone based on their transgender status or sexual orientation is sex-based discrimination, Crews wrote. That means case law does not prove the "likelihood of success" needed to grant an injunction. An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women's sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women's sports. Crews was a magistrate judge in Colorado's U.S. District Court for more than five years before President Joe Biden appointed him as a federal judge in January. Get local news delivered to your inbox!