1. Tobacco Use:
Shanghai Pudong International Airport also issued a statement acknowledging the emergency situation that occurred on the China Eastern Airlines flight. The airport extended its appreciation to the flight crew, medical personnel, and passengers who had demonstrated quick thinking and teamwork in response to the unexpected medical crisis.
Can Matt Gaetz return to Congress? He says he won't.( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 14, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the“Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased WM technology securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the WM Technology class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email ... for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 16, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) WM Technology's monthly average user metrics (“MAUs”) were severely inflated for years; and (2) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the WM Technology class action, go or call Phillip Kim, Esq. toll-free at 866-767-3653 or email ... for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: or on Twitter: or on Facebook: . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 ... MENAFN14122024004107003653ID1108993389 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Of course, engaging with all Syrian groups will not be without its challenges. The conflict in Syria is highly complex, with various factions and interests at play. Building trust and finding common ground among different groups will require patience, perseverance, and skillful diplomacy. However, the Biden administration is prepared to invest the time and effort necessary to help facilitate a peaceful transition in Syria.In attack, Sandberg looked sharp and purposeful. The midfield duo of Rodriguez and Morales dictated play, controlling the tempo and orchestrating swift counterattacks. The front trio of Anderson, Reyes, and Perez combined brilliantly, causing constant problems for the Arsenal defense with their pace and skill.As the account of Ms. X's search for her family unfolded, the volunteer couldn't help but be moved by the strength and resilience displayed by this remarkable woman. Through her unwavering determination and the support of compassionate volunteers, Ms. X had finally found the missing pieces of her past and was on the road to reunification with her loved ones.
Nvidia Takes Action as AI Chips Flow into China The latest reports reveal that Nvidia is investigating how its advanced AI chips are being stealthily transported into China. Partnering with Supermicro and Dell, the company seeks to ensure compliance with U.S. export restrictions amidst rising concerns. Background Checks Intensified Nvidia’s strategy involves rallying its partners, typically not its direct sales outlets, to perform random spot checks on their Southeast Asian clients. These inspections aim to confirm ownership and prevent illegal re-exportation of Nvidia’s technology. An insider linked to the U.S. Commerce Department suggests these actions were prompted by suspicions that the chips were reaching China illicitly. Clever Tactics in Play The smuggling methods reportedly include altering server identifiers, making it challenging for original manufacturers to detect. Despite these sophisticated techniques, firms like Supermicro are vigilant. They’ve reiterated their commitment to strictly following export regulations. If any discrepancies are found, they promptly launch investigations and propose necessary measures. Consequences and Measures Both Nvidia and its partners emphasize a zero-tolerance stance on non-compliance. Breaching these regulations not only harms Nvidia but also attracts severe repercussions for the parties involved, including potential termination of business relations. The U.S. continues to impose stringent rules on high-tech exports, particularly on high-bandwidth memory and chip-making tools, as President Biden enforces tighter regulations. Global Impact and Workarounds Despite these efforts, reports suggest Chinese AI engineers are still tapping into Nvidia’s technology by collaborating with brokers or renting server time from other major tech giants, circumventing direct import restrictions. As measures tighten, the innovation landscape feels the pressure, urging stakeholders to continually adapt. Nvidia’s Secret War: The High-Stakes Game of AI Chip Compliance Introduction In the high-tech world of artificial intelligence, Nvidia finds itself at the heart of a geopolitical challenge, aiming to curb the unauthorized flow of its advanced AI chips into China. As regulations tighten, Nvidia spearheads innovative strategies and fortifies alliances with industry partners to reinforce compliance with U.S. export restrictions. Innovative Compliance Measures In the wake of heightened scrutiny, Nvidia has initiated groundbreaking measures to ensure its technologies remain within legal boundaries. The company’s collaboration with partners like Supermicro and Dell focuses on implementing random spot checks on clients in Southeast Asia. This novel approach acts as a double-layered security measure to authenticate the legitimacy of end-users and owners, preventing unauthorized re-exportation into China’s sophisticated tech landscape. Clever Countermeasures and Red Flags The tactics employed in the unauthorized transportation of AI chips pose technical and ethical challenges. Techniques such as altering server identifiers make it quite arduous for manufacturers to trace their origin. However, firms like Supermicro have been proactive in identifying and addressing such discrepancies, continuously adapting to the ever-evolving compliance landscape. Controversies and Compliance Challenges The need for stringent compliance measures brings with it significant controversy. While ensuring compliance protects intellectual property and technology transfers, these actions ignite debates over market access and the balance of global tech ecosystems. The ongoing geopolitical tension further complicates matters, as stakeholders must navigate these intricate challenges. Market Insights and Predictions As Nvidia fortifies its position, industry experts anticipate shifts in market dynamics. The demand for AI technology in China remains robust, pushing firms to reconsider global supply strategies amidst restrictive export controls. Emerging trends suggest that Nvidia’s stringent compliance efforts may spur innovation in local Chinese AI industries, accelerating domestic chip development as alternatives to restricted imports. Sustainability and Future-Safe Strategies Sustainability in technology exports is gaining traction as an integral aspect of Nvidia’s business strategy. The company’s actions forecast an era where legal compliance and ethical business practices become synonymous with competitive advantage and market trust. Nvidia’s steadfast commitment to these principles not only upholds its technological leadership but also sets a precedent for future tech innovations. Conclusion Nvidia’s journey navigating export restrictions underscores a pivotal moment in tech innovation. As the world transitions into an AI-driven future, Nvidia’s foresight and adaptation strategies may well determine the blueprint for other companies to follow, charting a path towards sustainable and legally compliant technological advancement.Chinese President Xi Jinping will preside over a day of celebrations in Macau and inaugurate the city’s new leader on Friday to mark 25 years since the former colony was returned to China. Macau is regarded by China as a shining example of its “One Country, Two Systems” model, and Xi praised the city as a “pearl in the nation’s palm” at the start of his three-day visit. The Chinese casino hub has grown from a Portuguese trading outpost to the world’s casino capital by gaming revenue and a popular destination for Chinese tourists. When Macau reverted to Chinese rule on December 20, 1999, Beijing promised that the city’s “capitalist system and way of life shall remain unchanged for 50 years”. Arriving in the city on Wednesday, Xi lauded Macau’s “world-recognised success” in implementing the “One Country, Two Systems” framework and said the city had a bright future. “Macau is a pearl in the nation’s palm, and I have always kept in my thoughts its development and the welfare of all its people,” Xi said. The Chinese president added that he would use his trip for “extensive and in-depth exchanges with our friends from all places, and discuss plans for Macau’s development”. Friday’s festivities will be centred around the inauguration of Sam Hou-fai, the former president of Macau’s apex court, as the city’s fourth post-handover leader, replacing Ho Iat-seng. Security was tight around the city on Thursday, with roadblocks set up around an event venue and authorities increasing checks on inbound visitors. – Casino hub – Following the end of 442 years of Portuguese rule, Macau’s fortunes have risen in lockstep with China’s economic growth. It is the only place in China where casino gambling is permitted and has long surpassed Las Vegas as the world’s top casino hub, fuelled by two decades of Chinese visitor spending. Macau, which has a resident population of 687,000, saw just over 29 million visitor arrivals in the first 10 months of the year. Its GDP has soared from $6.4 billion in 1999 to more than $47 billion last year, and its population is the richest in China on a per capita basis. Under orders from Beijing to diversify the economy, Macau leaders have proposed fields such as financial services, technology and Chinese medicine as new economic drivers. But as of November, gaming-related taxes still made up 81 percent of government revenue and experts say Macau is years away from weaning itself off casino wealth. Xi on Thursday visited the Macau University of Science and Technology and was “briefed on the development of two state-level key laboratories” that involved Chinese medicine and planetary science, according to state news agency Xinhua. He also visited the Guangdong-Macao In-Depth Cooperation Zone on Hengqin Island, speaking to residents and people there in charge of planning, construction, management and services, Xinhua reported. Hengqin Island, a landmass adjacent to Macau and three times its size, was partly leased by Beijing to Macau to boost its land supply for non-gaming development. With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.Digital Twins Explained: How This Groundbreaking Tech Could Predict Health Risks Early
Sanchez scores 15 in Wagner's 50-43 victory against NJITAccording to eyewitness accounts, the affected passenger suddenly started to have difficulty breathing shortly after takeoff. The flight attendants rushed to assist the passenger and administered first aid, but the situation quickly escalated, leading to a state of unconsciousness. As the situation became more critical, the flight crew made an emergency announcement requesting medical assistance from any trained professionals on board.
As the situation continues to unfold, all eyes will be on Nezha Motors as it navigates the aftermath of this shocking revelation. The company's ability to address its financial challenges and regain the trust of its stakeholders will be crucial in determining its future success and sustainability in the competitive automotive market.CGTN: New Highland: Macao Boosts Tech Innovation, Talent Cultivation For Diversified Growth
Opta predicts Champions League standings: Liverpool 1st, Real Madrid 21st, Paris Saint-Germain 24thAliExpress Holds Nearly a Hundred Investment Promotion Conferences in Zhejiang, Guangdong, Jiangsu, and Other Regions
LOS ANGELES, Dec. 19, 2024 (GLOBE NEWSWIRE) -- RBB Bancorp (the "Company") RBB is pleased to announce that effective January 1, 2025, Mr. Johnny Lee, currently President and Chief Banking Officer of Royal Business Bank (the "Bank"), will be appointed as President of the Company, President and Chief Executive Officer of the Bank and a director of the Company and Bank. In addition, effective as of May 22, 2025, Mr. Lee will be appointed as Chief Executive Officer of the Company. Mr. Lee brings a wealth of knowledge and experience to the Company from various financial institutions, and the Company will continue to benefit and grow with his leadership. Prior to joining the Company in 2023, Mr. Lee, age 62, most recently served as Senior Managing Director, Head of International and Commercial Banking of East West Bank, from 2021 to 2023. Prior thereto, Mr. Lee also served in the following roles at East West Bank: Head of Venture Lending, Emerging Technologies, from 2018 to 2023; Managing Director & Chief Administrative Officer, US Greater China (Bridge) Banking, from 2015 to 2018; and Managing Director, International Banking Group, Corporate Banking Division, from 2013 to 2015. Mr. Lee has over 35 years of banking experience. Effective January 1, 2025, Mr. David Morris, will resign from his position as Chief Executive Officer of the Bank and President of the Company. Mr. Morris will continue serving as the Company's Chief Executive Officer until he retires effective as of May 21, 2025. Mr. Morris will remain on the Boards of Directors of the Company and the Bank. "We wish to express our sincere appreciation for the tremendous work Mr. Morris has completed for the Company over the past 15 years and we are grateful for his service and dedication. Our Company has grown substantially due in large part to his strategic efforts and we are so pleased he plans to continue his service as a director of both the Company and the Bank after he retires from the day-to-day responsibilities as CEO of the Company," said Christina Kao, the Company's Chair of the Board of Directors. "We are also pleased to have Mr. Lee become President and CEO of the Bank at the start of the year and Chief Executive Officer of the Company in May of 2025 through a succession plan. Mr. Lee is a remarkably talented executive, and I look forward to his continued leadership and ongoing contributions as we continue to attract top-tier banking professionals to grow our team and strive to deliver value to our customers, community, and shareholders." Commenting on his new appointment, Mr. Lee stated, "I am delighted to be part of the collaborative Royal Business Bank team. The Company has demonstrated outstanding growth and performance while delivering shareholder value and serving the Asian American community and Asian-centric businesses. I look forward to leading the Company to achieve success for the benefit of our employees, clients and shareholders." In additional leadership changes, effective January 1, 2025, Mr. Mina Rizkalla, currently Senior Vice President/BSA Officer & Deputy Chief Risk Officer for the Bank since 2023, will become Executive Vice President and Chief Risk Officer for the Company and the Bank and will report to Mr. Lee. Mr. I-Ming (Vincent) Liu, currently Executive Vice President and Chief Risk Officer for the Company and the Bank, will relinquish the Chief Risk Officer position and remain with the Bank as Executive Vice President and Chief of Staff and will report to Mr. Lee. In his new role, Mr. Liu will assist with the announced senior leadership succession plan and transition timeline. Corporate Overview RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California. As of September 30, 2024, the Company had total assets of $4.0 billion. Its wholly-owned subsidiary, Royal Business Bank, is a full service commercial bank, which provides consumer and business banking services predominately to the Asian communities and Asian-centric businesses in Los Angeles County, Orange County, and Ventura County in California, in Las Vegas, Nevada, in Brooklyn, Queens, and Manhattan in New York, in Edison, New Jersey, in the Chicago neighborhoods of Chinatown and Bridgeport, Illinois, and on Oahu, Hawaii. Bank services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, commercial and industrial loans, SBA 7A and 504 loans, 1-4 single family residential loans, trade finance, a full range of depository account products and wealth management services. The Bank has nine branches in Los Angeles County, two branches in Ventura County, one branch in Orange County, California, one branch in Las Vegas, Nevada, three branches and one loan operation center in Brooklyn, three branches in Queens, one branch in Manhattan in New York, one branch in Edison, New Jersey, two branches in Chicago, Illinois, and one branch in Honolulu, Hawaii. The Company's administrative and lending center is located at 1055 Wilshire Blvd., Los Angeles, California 90017, and its operations center is located at 7025 Orangethorpe Ave., Buena Park, California 90621. The Company's website address is www.royalbusinessbankusa.com . Safe Harbor Certain matters set forth herein (including the exhibits hereto) constitute forward-looking statements relating to the Company's current business plans and expectations and our future financial position and operating results. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, the effectiveness of the Company ' s internal control over financial reporting and disclosure controls and procedures ; the potential for additional material weaknesses in the Company ' s internal controls over financial reporting or other potential control deficiencies of which the Company is not currently aware or which have not been detected; business and economic conditions generally and in the financial services industry, nationally and within our current and future geographic markets, including the tight labor market, ineffective management of the United States ( " U.S. " ) federal budget or debt or turbulence or uncertainly in domestic of foreign financial markets; the strength of the U.S. economy in general and the strength of the local economies in which we conduct operations; our ability to attract and retain deposits and access other sources of liquidity; possible additional provisions for loan losses and charge-offs; credit risks of lending activities and deterioration in asset or credit quality; extensive laws and regulations and supervision that we are subject to, including potential supervisory action by bank supervisory authorities; increased costs of compliance and other risks associated with changes in regulation, including any amendments to the Dodd-Frank Wall Street Reform and Consumer Protection Act; compliance with the Bank Secrecy Act and other money laundering statutes and regulations; potential goodwill impairment; liquidity risk; fluctuations in interest rates; risks associated with acquisitions and the expansion of our business into new markets; inflation and deflation; real estate market conditions and the value of real estate collateral; environmental liabilities; our ability to compete with larger competitors; our ability to retain key personnel; successful management of reputational risk; severe weather, natural disasters, earthquakes, fires; or other adverse external events could harm our business; geopolitical conditions, including acts or threats of terrorism, actions taken by the U.S. or other governments in response to acts or threats of terrorism and/or military conflicts, including the conflicts between Russia and Ukraine and in the Middle East, which could impact business and economic conditions in the U.S. and abroad; public health crises and pandemics, and their effects on the economic and business environments in which we operate, including our credit quality and business operations, as well as the impact on general economic and financial market conditions; general economic or business conditions in Asia, and other regions where the Bank has operations; failures, interruptions, or security breaches of our information systems; climate change, including any enhanced regulatory, compliance, credit and reputational risks and costs; cybersecurity threats and the cost of defending against them; our ability to adapt our systems to the expanding use of technology in banking; risk management processes and strategies; adverse results in legal proceedings; the impact of regulatory enforcement actions, if any; certain provisions in our charter and bylaws that may affect acquisition of the Company; changes in tax laws and regulations; the impact of governmental efforts to restructure the U.S. financial regulatory system; the impact of future or recent changes in the FDIC insurance assessment rate and the rules and regulations related to the calculation of the FDIC insurance assessments; the effect of changes in accounting policies and practices or accounting standards, as may be adopted from time-to-time by bank regulatory agencies, the SEC, the Public Company Accounting Oversight Board, the Financial Accounting Standards Board or other accounting standards setters, including Accounting Standards Update 2016-13 (Topic 326, "Measurement of Current Losses on Financial Instruments, commonly referenced as the Current Expected Credit Losses Model, which changed how we estimate credit losses and may further increase the required level of our allowance for credit losses in future periods; market disruption and volatility; fluctuations in the Company's stock price; restrictions on dividends and other distributions by laws and regulations and by our regulators and our capital structure; issuances of preferred stock; our ability to raise additional capital, if needed, and the potential resulting dilution of interests of holders of our common stock; the soundness of other financial institutions; our ongoing relations with our various federal and state regulators, including the SEC, FDIC, FRB and DFPI; our success at managing the risks involved in the foregoing items and all other factors set forth in the Company's public reports, including its Annual Report as filed under Form 10-K for the year ended December 31, 2023, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law. Any statements about future operating results, such as those concerning accretion and dilution to the Company's earnings or shareholders, are for illustrative purposes only, are not forecasts, and actual results may differ. Lynn Hopkins, Chief Financial Officer (657) 255-3282 lhopkins@rbbusa.com Source: RBB Bancorp © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
In response to the Russian airstrike, Ukraine announced that its forces had successfully destroyed a number of Russian military equipment, including tanks and artillery pieces. Ukrainian officials claimed that these actions were in retaliation for the attack on the fuel depot and were aimed at weakening the Russian military capabilities in the region. The destruction of the Russian equipment marks a significant victory for Ukraine and is seen as a strong show of force against the Russian aggression.
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Customs officials emphasized the importance of adhering to customs regulations and declaring all items accurately to avoid serious consequences. Smuggling luxury goods not only undermines the integrity of the customs process but also has significant economic implications for the country in terms of lost revenue and unfair competition with legitimate businesses.Chinese ‘spy’ scandal isn’t Prince Andrew’s fault, source suggestsMoreover, China's economic diplomacy has continued to play a vital role in expanding its global influence and fostering international cooperation. The Belt and Road Initiative, for instance, has strengthened economic ties with countries along the Silk Road, promoting connectivity, trade, and mutual prosperity. China's proactive participation in global governance and multilateral institutions has further enhanced its role as a responsible and reliable partner in the international community.