CHATTANOOGA, Tenn. (AP) — Rafael Pinzon had 22 points in Bryant's 97-85 win over Tennessee State on Tuesday night. Pinzon shot 6 of 15 from the field, including 4 for 5 from 3-point range, and went 6 for 6 from the line for the Bulldogs (4-3). Connor Withers scored 17 points while going 6 of 14 from the floor, including 4 for 9 from 3-point range, and 1 for 4 from the line. Keyshawn Mitchell finished 7 of 10 from the field to finish with 16 points, while adding 13 rebounds. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Free tax filing with IRS Direct File: What you need to knowGENEVA (AP) — World Cup sponsor Bank of America teamed with FIFA for a second time Tuesday, signing for the Club World Cup that still has no broadcast deals just over six months before games start. Bank of America became FIFA’s first global banking partner in August and sealed a separate deal for a second event also being played in the United States, two days before the group-stage draw in Miami for the revamped 32-team club event . It features recent European champions Real Madrid, Manchester City and Chelsea. “FIFA is going to take America by storm and we’re going to be right at their side,” the bank’s head of marketing, David Tyrie, said in a telephone interview Tuesday. Bank of America joins 2026 World Cup sponsors Hisense and Budweiser brewer AB InBev in separately also backing the club event, and more deals are expected after Saudi Arabia is confirmed next week as the 2034 World Cup host. While games at the next World Cup, co-hosted with Canada and Mexico, will be watched by hundreds of millions globally mostly on free-to-air public networks, the Club World Cup broadcast picture is unclear. FIFA has promised hundreds of millions of dollars in prize money for the 32 clubs to share but is yet to announce any broadcast deals for the month-long tournament. It is expected to land on a streaming service. “You have to think about how you are going to connect with these fans,” Tyrie told the Associated Press from Boston. “TV is one, sure, social media is a big avenue. “The smart marketing capabilities are able to say ‘Hey, we need to tilt this one a little bit more away from TV-type marketing into social-type marketing.’ We have got a pretty decent strategy that we’re putting in place to do activation.” Engaging Bank of America’s customers and 250,000 employees are key to that strategy, Tyrie said. “It’s going to be for our clients, and entertainment, it’s going to be for our employees in creating excitement. All of the above.” The Club World Cup will be played in 12 stadiums across 11 cities, including Bank of America Stadium in Charlotte, N.C, and Lumen Field where the hometown Seattle Sounders play three group-stage games. European powers Madrid, Man City and Bayern Munich lead a 12-strong European challenge. Teams qualified by winning continental titles or posting consistently good results across four years of those competitions. The exception is Lionel Messi’s Inter Miami, who FIFA gave the entry reserved for a host nation team in October based on regular season record without waiting for the MLS Cup final. LA Galaxy hosts New York Red Bulls playing for that national title Saturday. Messi’s team opens the FIFA tournament June 15 in the Miami Dolphins’ Hard Rock Stadium and will play its three group games in Florida. “The more brand players you bring in, the bigger the following you have got,” Tyrie acknowledged, though adding Messi being involved was “not a make or break for the event.” The Club World Cup final is July 13 at Met Life Stadium near New York, which also will host the World Cup final one year later. AP soccer: https://apnews.com/hub/soccer
Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate
By Kemberley Washington, CPA, Bankrate.com The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 24 states for the 2025 tax season, up from 12 states in 2024, the program’s pilot year. The Direct File program will also accept more types of tax situations for the 2025 tax season. While taxpayers who used the system in 2024 could claim a handful of tax credits, including the earned income tax credit and the child tax credit , that list is expanding in 2025 to include the child and dependent care credit , among others. An estimated 30 million taxpayers will qualify for the Direct File program in 2025, the IRS says. More than 140,000 taxpayers filed their federal tax returns through the Direct File program in 2024. About 90% of users said their experience was excellent or above average, according to a survey of about 11,000 Direct File users in 2024, conducted by the General Services Administration. “We’re excited about the improvements to Direct File and the millions more taxpayers who will be eligible to use the service this year,” said Danny Werfel, the IRS commissioner, in a statement. “Our goal is to improve the experience of tax filing itself and help taxpayers meet their obligations quickly and easily.” The IRS says that taxpayers can use Direct File when the 2025 tax season kicks off in January, and it will be available until Oct. 15, 2025. But the program’s future is somewhat unclear: In December, 29 Republican lawmakers sent a letter to President-elect Donald Trump, calling for him to end the Direct File program on his first day in office. Lawmakers in the U.S. House of Representatives also introduced legislation in July to end the Direct File program. For now, here’s what you need to know about how the IRS Direct File program works, and how to qualify for it. The Direct File program is a new initiative, about to enter its second year, that allows taxpayers to file their federal tax returns electronically with the IRS. The no-cost tool guides taxpayers through every part of their federal income tax return. Taxpayers can file using a smartphone, computer or tablet. One of the program’s advantages is that, if you have questions as you’re working on your return, you can get live support directly from the IRS via chat or phone. IRS representatives can answer basic tax questions and help with technical issues in English and Spanish. The Direct File program has income limits, as well as limits on the types of income, deductions and credits you can enter on your tax return. For the 2025 tax season: To be eligible for Direct File, your income can come from the following sources: But if you’re self-employed, or have business or rental income, you can’t use Direct File . Same goes for IRA contributions or distributions: If you have either, you can’t use Direct File. You can use the IRS Direct File program only if you claim the standard deduction — the program isn’t available to people who itemize. But you can claim certain above-the-line deductions: student loan interest , educator expenses and health savings account contributions . You can’t use Direct File if you want to deduct your IRA contributions. The Direct File program allows for the following tax credits in 2025: However, if you want to claim education credits , credits for energy efficient home upgrades or the adoption expense credit , you can’t use the Direct File program. More taxpayers will have access to the IRS Direct File program in 2025. In 2024, the IRS kicked off the program with only 12 states; that number has expanded to 24 states for the 2025 tax season. For some of the states that participate in the IRS Direct File program, your federal return information will be transferred automatically to the state tax website, but in some cases you’ll have to re-enter your information. Visit this IRS Direct File page to get the details for your state. Here is a list of the participating states: If you don’t qualify for the IRS Direct File program, you may have other options to file your tax return for free. In addition to Direct File, the IRS offers the Free File program, in which it partners with online tax software providers to provide free federal income tax return filing. Some providers also allow you to file a state income tax return. For the 2024 tax season, your adjusted gross income had to be less than $79,000 to qualify for the Free File program. That dollar threshold is likely to rise slightly for the 2025 tax season. The IRS also offers the Volunteer Income Tax Assistance (VITA) program, which provides certified volunteers to prepare basic tax returns if you earn less than $67,000 a year, are disabled, or speak limited English. You can find a site near you by visiting this IRS page . ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.
Penny stocks have gained immense popularity among investors, thanks to their potential for astronomical returns, with some stocks skyrocketing by as much as 1,000% to 5,000% or more in a single year, offering life-changing gains for those who time their investments correctly. In fact, according to a report by OTC Markets Group, the OTCQB Venture Market, which lists many penny stocks, saw a 35% increase in trading volume in 2022, indicating growing investor interest in these high-growth opportunities. Analysts have identified several penny stocks that can offer major gains in 2025, driven by favorable industry trends, innovation, and strategic positioning. These stocks could offer substantial returns for investors willing to take on the associated risks. Here are five high-growth penny stocks to consider for your 2025 portfolio: Advik Capital, a financial services company , has witnessed exceptional growth, achieving a Compound Annual Growth Rate (CAGR) of 121% over the past five years. This impressive track record places it among the penny stocks with the potential for multibagger gains. Advik Capital has also shown a median sales growth of 38.9% over the last decade. As the company continues to navigate the evolving financial sector, it remains a strong candidate for those seeking small investments that could deliver substantial returns in the coming years. SVP Global Textiles, a legacy player in the textile industry since 1898, specializes in polyester and cotton blends. As the global textile market is projected to reach $1.4 trillion by 2025, growing at a CAGR of 4.5% (Source: Grand View Research), SVP Global can capitalize on this trend. The company's strategic focus on becoming a fully integrated textile producer could further bolster its position in the market. With its rich history, growth-oriented strategy, and promising industry outlook, SVP Global presents a compelling opportunity for investors seeking high-growth stocks in the textile sector, potentially yielding multibagger gains. Purple Entertainment is aiming to capitalize on the burgeoning demand for entertainment content and services, a market expected to reach $2.6 trillion by 2025, growing at a CAGR of 8.8% (Source: PwC). With a clear strategic vision, Purple Entertainment is well-positioned to tap into this growth, driven by the rising popularity of streaming services, esports, and immersive experiences. As an emerging player in the entertainment industry, Purple Entertainment represents a compelling opportunity for investors seeking high-growth penny stocks with multibagger potential. With its promising outlook, Purple Entertainment is a company to watch for those looking for small investments with significant future returns in 2025. Mahan Industries, a diversified manufacturing company with a broad presence across various industry segments, is ready to leverage the demand for innovative and efficient manufacturing solutions. The global manufacturing market is projected to reach $15.9 trillion by 2025, growing at a CAGR of 4.4% (Source: Statista); Mahan Industries is well-positioned to benefit from this trend. With its focus on innovation and market penetration, the company is an attractive candidate for investors seeking high-growth penny stocks with multibagger potential. As the manufacturing sector continues to evolve, Mahan Industries' diversified portfolio and commitment to innovation make it a compelling addition to a 2025 portfolio for manufacturing segment investors. Paramount Dye Tec , a newly listed company specializing in recycling synthetic fibers, is well-positioned to tap into the rapidly growing market for eco-friendly textiles. The global textile recycling market is projected to reach $7.8 billion by 2025, growing at a CAGR of 8.2% (Source: MarketsandMarkets). With its innovative business model and increasing revenues, Paramount Dye Tec stands out as a promising penny stock with high growth potential. As consumers increasingly prioritize sustainability, Paramount Dye Tec's commitment to eco-friendly practices positions it for success. Investors seeking small-cap opportunities with multibagger potential may find Paramount Dye Tec an attractive addition to their 2025 portfolio. Advik Capital, SVP Global Textiles, Purple Entertainment, Mahan Industries , and Paramount Dye Tec are five penny stocks that may present high-growth opportunities and the potential for multibagger returns in 2025. However, investors should keep in mind that penny stocks are generally riskier than other types of stocks. Therefore, thorough research, market analysis, and risk assessment are essential when considering low-cost investments in 2025 stock picks. While these stocks have the potential for significant returns, realizing their full potential requires adopting strategic approaches.Keir Starmer Pays Heartfelt Tribute to His Brother Nick, Who Died on Boxing Day After Battling Cancer
CATL – a Chinese firm – has launched an ultra-safe skateboard chassis that passed the highest speed and strongest impact test. Named Bedrock Chassis, the EV platform offers outstanding performance of withstanding 75 mph (120 km/h) frontal impact without catching fire or exploding. CATL claims that its Bedrock Chassis sets a new standard for intelligent chassis safety, providing comprehensive protection across all scenarios and speed ranges. Based on the decoupling of the chassis from the upper body, the Bedrock Chassis is capable of absorbing 85 percent of the vehicle’s collision energy compared to around 60 percent absorbed by traditional chassis. CATL’s chassis has a battery centered design CATL’s Bedrock Chassis, which has a battery centered design, utilizes Cell-to-Chassis integration technology that directly integrates the battery cells into the chassis, allowing for a shared structural design between them. Through various technological breakthroughs, the Bedrock Chassis successfully passed the world’s first “highest speed and strongest impact” dual extreme safety test . This achievement enables the chassis to pass the 120 km/h (74 mph) frontal central pole impact test without catching fire, exploding or thermal runway, redefining the benchmark for safety in the industry, according to a press release by CATL. “Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test,” said Ni Jun, CATL chief manufacturing officer. “With this extreme challenge, CATL’s Bedrock Chassis has blazed a fresh trail for the industry.” Tortoise shell structure The company claims that CATL Bedrock Chassis introduces a revolutionary three-dimensional biomimetic tortoise shell structure, where the body and energy unit framework are integrated, deeply coupled to provide the energy unit with indestructible protection. CATL also maintains that the chassis offers aircraft carrier-grade arresting structure, which disperses impact forces across multiple pathways during a crash, gradually decelerating the vehicle and significantly reducing the depth and speed at which obstacles intrude the cabin. Utilization of submarine-grade steel by CATL The utilization of submarine-grade hot-formed steel with a strength of 2000MPa, aerospace-grade aluminum alloy with a strength of 600MPa, and multiple barrier structures further enhance the chassis’ rigidity, making it virtually impervious, as per CATL. The company has also claimed that its Bedrock Chassis incorporates an ultra-safe battery cell design, NP technology, and a high-ductility energy-absorbing insulation film, leading the industry in a groundbreaking manner. In terms of high-voltage disconnection, it achieves instantaneous disconnection of high voltage circuit within 0.01 seconds of impact and completes the discharge of residual high-voltage energy in the vehicle within 0.2 seconds, setting a new industry record, according to CATL. Higher safety standard The battery cells have undergone highly demanding tests, including high-speed sled impact tests at 37 miles per hour (60 km/h), 90-degree bending tests, and breakthrough sawing tests, the battery did not catch fire or explode across all three tests. These tests, all industry-firsts by CATL, have elevated the safety standards of battery cells to new heights, as per the release. During the launch ceremony of CATL’s EV chassis, AVATR, the first automaker to use Bedrock Chassis, and CAIT-SH, CATL’s skateboard chassis arm, signed an agreement to deepen cooperation on CATL’s Bedrock Chassis to create a safer, higher-quality travel experience for users.Riley scores 18, Utah Tech beats Denver 68-54(PRNewsfoto/Heron Therapeutics, Inc.) — Court Rules in Favor of Heron in Patent Lawsuit Against Fresenius Kabi USA , LLC — SAN DIEGO , Dec. 3, 2024 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX) ("Heron" or the "Company"), a commercial-stage biotechnology company, today announced that the U.S. District Court for the District of Delaware ruled in Heron's favor in the Company's patent litigation against Fresenius Kabi USA , LLC with respect to CINVANTI® (aprepitant) injectable emulsion. The district court found that Heron's U.S. Patent Nos. 9,561,229 and 9,974,794, which expire in 2035, are valid and would be infringed by Fresenius' proposed generic product. The district court decision concludes the litigation initiated in July 2022 in response to Fresenius' submission of an Abbreviated New Drug Application with the U.S. Food and Drug Administration seeking approval of a generic version of CINVANTI®. As a result of the decision, Heron will seek an order from the Court prohibiting Fresenius from launching its generic CINVANTI® until after the expiration of the patents in 2035. This decision is subject to appeal. "We are pleased with this anticipated result of the proceeding and will continue to vigorously defend the CINVANTI® patent estate in the future," said Craig Collard, Chief Executive Officer of Heron. "The team at Heron takes great pride in the result of our successful history of developing injectable products, which is demonstrated by the strength of our intellectual property and the performance of our innovative drugs like CINVANTI® in serving patients with serious unmet needs." About Heron Therapeutics, Inc. Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com . Forward-looking Statements This news release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially. Therefore, you should not place undue reliance on forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption "Risk Factors." Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law. Investor Relations and Media Contact: Ira Duarte Executive Vice President, Chief Financial Officer Heron Therapeutics, Inc. iduarte@herontx.com 858-251-4400 View original content to download multimedia: https://www.prnewswire.com/news-releases/us-district-court-upholds-validity-of-cinvanti-patents-302321651.html SOURCE Heron Therapeutics, Inc.
US stocks rally despite Trump tariff threat but European stocks fall