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Israel and Lebanon's Hezbollah agree to a ceasefire after nearly 14 months of fighting JERUSALEM (AP) — Israel has approved a ceasefire agreement with Lebanon’s Hezbollah militants, setting the stage for an end to nearly 14 months of fighting linked to the ongoing war in the Gaza Strip. The ceasefire is set to take hold at 4 a.m. local time on Wednesday. Israeli warplanes have carried out the most intense wave of strikes in Beirut and its southern suburbs since the start of the conflict amid a record number of evacuation warnings. At least 42 people were killed in strikes across Lebanon, according to local authorities. President Joe Biden said his administration now would make a renewed push for a ceasefire in Gaza. What both sides are saying about the ceasefire deal between Israel and Lebanon's Hezbollah A ceasefire deal that could end more than a year of cross-border fighting between Israel and Lebanon’s Hezbollah militant group won backing from Israeli leaders. The truce that is set to take effect early Wednesday raised hopes and renewed difficult questions in a region gripped by conflict. Hezbollah leaders also signaled tentative backing for the U.S.-brokered deal, which offers both sides an off-ramp from hostilities But the deal does little directly to resolve the much deadlier war that has raged in Gaza since Hamas militants attacked southern Israel last October. Cheap Ozempic? How millions of Americans with obesity may get access to costly weight-loss drugs WASHINGTON (AP) — Millions of obese Americans would get access to popular weekly injectables that would help them shed pounds quickly if a $35 billion proposal from the Biden administration is blessed by President-elect Donald Trump. The rule, unveiled Tuesday by the Health and Human Services Department, would require Medicare and Medicaid to cover weight-loss drugs like Wegovy or Zepbound for a large segment of Americans who are obese. But it’s unclear if the proposal, which would not go into effect until after Trump takes office, will have support from his new administration — including from Robert F. Kennedy Jr., an opponent of the drugs who has been tapped by the president-elect to serve as head of HHS. Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime. WASHINGTON (AP) — President-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for illegal immigration and drug smuggling. Over its tenure, the Biden administration has struggled with growing numbers of migrants arriving at the southern border. But this year, the number of people crossing the border without documents has actually been falling. That's due in part to stricter enforcement by Mexican authorities as well as asylum restrictions announced earlier this year by the Biden administration. When it comes to fentanyl smuggling, much of the deadly supply comes from Mexico though statistics show more than 86% of those sentenced for fentanyl trafficking crimes in the 12 months ending September 2023 were U.S. citizens. AP finds that a Pentagon-funded study on extremism in the military relied on old data Early this year, Pete Hegseth told a Fox News audience a new, Pentagon-funded study proved that the number of military service members and veterans involved in the Jan. 6 insurrection did not indicate a wider problem in the armed forces. Hegseth, Donald Trump's pick to head the Department of Defense, wasn’t alone. The Wall Street Journal’s opinion page highlighted the same report as evidence that extremists in military communities were “phantoms” created by a “false media narrative.” The X account for Republicans on the House Armed Services Committee posted that the study showed the focus on extremism in the military was a “witch hunt.” But The Associated Press has found that the study relied on old data, misleading analyses and ignored evidence that pointed to the opposite conclusion. How Trump's bet on voters electing him managed to silence some of his legal woes WASHINGTON (AP) — Special counsel Jack Smith move to abandon two federal cases accusing Trump of endangering American democracy and national security does away with the most serious legal threats Trump was facing as he returns to the White House. It was the culmination of a monthslong defense effort to delay the proceedings at every step and use the criminal allegations to Trump's political advantage, putting the final word in the hands of voters instead of jurors. The move just weeks after Trump’s victory over Vice President Kamala Harris underscores the immense personal stake Trump had in the campaign in which he turned his legal woes into a political rallying cry. Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory NEW YORK (AP) — Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business. The changes announced by the world’s biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. The retreat from such programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Brazil’s Bolsonaro planned and participated in a 2022 coup plot, unsealed police report alleges SAO PAULO (AP) — Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election, according to a Federal Police report that has been unsealed. Brazil’s Federal Police last Thursday formally accused Bolsonaro and 36 other people of attempting a coup. They sent their 884-page report to the Supreme Court, which lifted the seal. Bolsonaro called a meeting in December 2022, during which he presented a draft decree to the commanders of the three divisions of the armed forces, that would have declared the vote fraudulent, to justify a possible military intervention. Bolsonaro has repeatedly denied any wrongdoing. New rule allows HIV-positive organ transplants People with HIV who need a kidney or liver transplant will be able to receive an organ from a donor with HIV. That's according to a new rule announced Tuesday by U.S. health officials. Previously, such transplants could be done only as part of research studies. The new rule takes effect Wednesday. It's expected to shorten the wait for organs for all, regardless of HIV status, by increasing the pool of available organs. The practice is supported by a decade of research, during which 500 transplants of kidneys and livers from HIV-positive donors have been done in the U.S. Surveillance tech advances by Biden could aid in Trump's promised crackdown on immigration President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration — among them, surveillance and artificial intelligence technology that the Biden administration already uses to help make crucial decisions in tracking, detaining and ultimately deporting immigrants lacking permanent legal status. One algorithm, for example, ranks immigrants with a “Hurricane Score,” ranging from 1-5, to assess whether someone will “abscond” from the agency’s supervision.NEW YORK — United States Rep. Ritchie Torres says he's "open to" running for governor in New York after questioning the actions of Gov. Kathy Hochul and Mayor Eric Adams. Torres has been highly critical of the job Hochul is doing. "We've seen a rise in crime in New York state and New York City. If she calls that governing, the majority of New Yorkers aren't impressed," he said. Torres wrote a letter to the governor and the mayor , claiming they were complicit in the release of Ramon Rivera, who fatally stabbed three people in New York City last week . Hochul reacted to the letter Tuesday, saying, "I'm not politicizing that tragedy. I refuse to politicize what was a horrific attack destroying families just before the holidays." When asked about the possibility that Torres was using the attack as a springboard to a political campaign against her, Hochul said, "I actually don't care what he's doing." Torres, meanwhile, said, "I've made no decision to run for governor. I'm open to it, but I've made no final decision." Adams was also asked about Torres' charges that the city failed to keep Rivera in prison despite his assault of a correction officer. "I can understand the concerns that the congressman raised and others have raised, but we can't be revisionist. I don't think there has been an elected official in the city that has been more vociferous around people with severe mental health illness ," he said. Both the governor and the mayor insist the city has increased services for those struggling with mental health issues . On social media late Tuesday afternoon , Torres said he had a productive conversation with the mayor, and he supports the mayor's efforts to build mental health institutions in the city. Marcia Kramer joined CBS News New York in 1990 as an investigative and political reporter. Prior to CBS2, she was the City Hall bureau chief at the New York Daily News.
Australia's House of Representatives passes bill banning children younger than age 16 from social media
Mandy Moore and Kerry Washington lead celebrity tributes to Jimmy Carter following his death at 100
Official: Former Barcelona Head Coach Setien Appointed as Head Coach of Beijing Guoan
In response to the growing demand for high-quality products and the need for more efficient distribution channels, the "Spring Dawn Initiative" has officially launched the "Factory Direct Sales" program. This innovative initiative aims to connect consumers directly with manufacturers, cutting out middlemen and providing a more cost-effective and transparent shopping experience.
Valverde, who led Barcelona to multiple domestic league titles and Copa del Rey triumphs during his tenure at the club, brings a wealth of experience and expertise to his new role at Beijing Guoan. Known for his tactical acumen and ability to develop young talent, Valverde is expected to make a significant impact on the team's performance and competitiveness in the Chinese Super League.
Temperature Sensors Market Competitive Dynamics and Forecast 2024-2031As we prepare for the final season of "Suicide Squad," anticipation runs high among the player base. Many are speculating on what the conclusion of the game will bring - will there be a climactic showdown with the game's ultimate villain? What fate awaits our beloved characters as the story reaches its conclusion? Fans are eager to see how the developers will tie up loose ends and deliver a satisfying conclusion to the saga.
Terho, who joined Bayern Munich in a high-profile transfer last season, has quickly become a fan favorite with his impressive performances on the field. Known for his speed, agility, and clinical finishing, Terho has been a key player for Bayern, scoring crucial goals and providing assists in important matches.
The Cincinnati Bengals kept their slim playoff hopes alive, but they lost starting running back Chase Brown to an ankle injury in Saturday's 30-24 overtime victory over the visiting Denver Broncos. Brown's injury happened with the Bengals driving late in the fourth quarter of a tie game but trying to run the clock down in anticipation of a go-ahead score. He ran 5 yards but hurt himself when he intentionally slid at the 1-yard line in an attempt to keep the clock moving. After his injury stopped the clock, Joe Burrow ran it in for a score on the next play with 1:29 left in the game. The Broncos then scored the tying touchdown with eight seconds to play, and Khalil Herbert took Brown's place in the backfield. Bengals head coach Zac Taylor told reporters after the win that Brown, who totaled 91 offensive yards, had sprained his right ankle. The second-year back rushed for 67 yards on 20 carries and caught four passes for 24 yards. Cincinnati's fifth-round pick in 2023, the 24-year-old Brown was sharing running back duties with Zack Moss this season until Moss went down with a neck injury in the eighth game of the season. In 16 games (10 starts) this season, Brown has 990 rushing yards and seven touchdowns along with 54 receptions for 360 yards and four scores. As a rookie behind Joe Mixon last season, Brown played in 12 games and finished with 179 rushing yards along with 14 catches for 156 yards and one score. --Field Level Media
NoneOne of the main challenges faced by the development team is working with outdated technology. The Yakuza series has been around for over a decade, and the early games were designed for older consoles with limited capabilities. Remastering these games for current-generation platforms requires a significant amount of technical expertise and resourcefulness. The technical director highlighted the importance of preserving the original feel of the games while also enhancing them to meet modern standards.
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Dec. 04, 2024 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing on December 4, 2024 of its offering of 0.00% convertible senior notes due 2031 (the “notes”). The aggregate principal amount of the notes sold in the offering was $850 million. MARA also granted the initial purchasers an option to purchase an additional $150 million aggregate principal amount of the notes within a 13-day period beginning on, and including, the date on which the notes were first issued. The notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The net proceeds from the sale of the notes were approximately $835.1 million, after deducting the initial purchasers’ discounts and commissions but before estimated offering expenses payable by MARA. MARA expects to use approximately $48 million of the net proceeds from the sale of the notes to repurchase approximately $51 million in aggregate principal amount of its existing convertible notes due 2026 (the “existing 2026 convertible notes”) in privately negotiated transactions with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations. The notes are unsecured, senior obligations of MARA. The notes will not bear regular interest and the principal amount of the notes will not accrete. MARA may pay special interest, if any, at its election as the sole remedy for failure to comply with its reporting obligations and under certain other circumstances, each pursuant to the indenture. Special interest, if any, on the notes will be payable semi-annually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025 (if and to the extent that special interest is then payable on the notes). The notes will mature on June 1, 2031, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after June 5, 2029, MARA may redeem for cash all or any portion of the notes at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date, if the last reported sale price of MARA’s common stock has been at least 130% of the conversion price then in effect for a specified period of time ending on, and including, the trading day immediately before the date MARA provides the notice of redemption. If MARA redeems fewer than all the outstanding notes, at least $75 million aggregate principal amount of notes must be outstanding and not subject to redemption as of the relevant redemption notice date. Holders of notes may require MARA to repurchase for cash all or any portion of their notes on June 4, 2027 and on June 4, 2029 or upon the occurrence of certain events that constitute a fundamental change under the indenture governing the notes at a repurchase price equal to 100% of the principal amount of the notes to be repurchased, plus accrued and unpaid special interest, if any, to, but excluding, the date of repurchase. In connection with certain corporate events or if MARA calls any note for redemption, it will, under certain circumstances, be required to increase the conversion rate for holders who elect to convert their notes in connection with such corporate event or notice of redemption. The notes are convertible into cash, shares of MARA’s common stock, or a combination of cash and shares of MARA’s common stock, at MARA’s election. Prior to March 1, 2031, the notes are convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The conversion rate for the notes is initially 28.9159 shares of MARA’s common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $34.5830 per share. The initial conversion price of the notes represents a premium of approximately 40.0% over the U.S. composite volume weighted average price of MARA’s common stock from 2:00 p.m. through 4:00 p.m. Eastern Daylight Time on Monday, December 2, 2024, which was $24.7022. The conversion rate is subject to adjustment upon the occurrence of certain events. In connection with any repurchase of the existing 2026 convertible notes, MARA expects that holders of the existing 2026 convertible notes who agree to have their notes repurchased and who have hedged their equity price risk with respect to such notes (the “hedged holders”) will unwind all or part of their hedge positions by buying MARA’s common stock and/or entering into or unwinding various derivative transactions with respect to MARA’s common stock. The amount of MARA’s common stock to be purchased by the hedged holders or in connection with such derivative transactions may be substantial in relation to the historic average daily trading volume of MARA’s common stock. This activity by the hedged holders could increase (or reduce the size of any decrease in) the market price of MARA’s common stock, including concurrently with the pricing of the notes, resulting in a higher effective conversion price of the notes. MARA cannot predict the magnitude of such market activity or the overall effect it will have on the price of the notes or MARA’s common stock. The notes were sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The offer and sale of the notes and the shares of MARA’s common stock issuable upon conversion of the notes, if any, have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes and any such shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The offering of the notes was made only by means of a private offering memorandum. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, the notes, nor shall there be any sale of the notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such state or jurisdiction. Nothing in this press release shall be deemed an offer to purchase MARA’s existing 2026 convertible notes. About MARA MARA (NASDAQ:MARA) is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. Forward-Looking Statements Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to MARA’s use of the net proceeds of the offering. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the factors discussed in the “Risk Factors” section of MARA’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 28, 2024, as amended on May 24, 2024, the “Risk Factors” section of MARA’s Quarterly Report on Form 10-Q filed with the SEC on August 1, 2024, the “Risk Factors” section of MARA’s Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and the risks described in other filings that MARA may make from time to time with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and MARA specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law. MARA Company Contact: Telephone: 800-804-1690 Email: ir@mara.com
NoneFormer Congresswoman and current South Dakota governor, Kristi Noem , was announced as Donald Trump's pick to lead the Department of Homeland Security. Here's a look at Noem's finances and wealth. Trump's Pick: Since winning the 2024 presidential election, Trump has started announcing who he will be nominating for Cabinet positions. While many of the picks await official nomination and Congressional approval, Trump has been busy assembling his team. Noem served in the U.S. House of Representatives from 2011 to 2019 and has been governor of South Dakota since 2019. The governor was on the shortlist of candidates that were expected to be named as Trump's vice-presidential pick for the 2024 election, even being one of the betting favorites at prediction market Polymarket for some time. A controversy involving Noem's newest book saying that her 14-month-old family hunting dog was shot by the politician may have led to her falling out as a top pick for the vice president role. Did You Know? Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool Noem's Finances: As governor of South Dakota, Noem collects an annual salary of $121,578 as reported by Ballotpedia . While in Congress, Noem collected a salary of $174,000 annually. If elected to Trump's cabinet, Noem will collect an annual salary of $246,400. A recent 2023 financial disclosure form filed in South Dakota showed that Noem has financial interest in Noem Insurance, run by her husband Byron Noem , and several small businesses. Noem also listed cash rent from pastures as a source of income and has previously declared a family ranch in financial disclosures. The ranch was inherited when her father passed away and is co-owned with her mother and siblings. The South Dakota governor has authored two books, which she lists as a source of income for royalties. The autobiography books are "Not My First Rodeo: Lessons from the Heartland" and "No Going Back," which were published in 2022 and 2024, respectively. Noem's most recent disclosure from 2023 is easy to find and read on the South Dakota Secretary of State website. Older disclosures don't load as images. Estimates on Noem's wealth have varied greatly over the years based on some of the questions about her disclosures. An estimate from OpenSecrets in 2017 listed Noem's wealth at $2.35 million. Money listed her wealth at $4.5 million in a 2023 article using financials from 2021. Energy Investment: Also listed on Noem's financial disclosures is an investment in Granite Falls Energy, which she has declared income from previously. Noem disclosed that she made between $25,006 and $70,000 in dividends from the investment from her first Congressional run in 2010 through early 2019, as reported by South Dakota Searchlight. South Dakota disclosures do not require Noem to list the amount of income received, only the sources of income. The report linked the energy company as a partner to Summit Carbon Solutions, a company that had proposed a carbon pipeline in South Dakota. South Dakota Searchlight said the financial interest in the proposed pipeline raised questions about Noem's lack of support for anti-pipeline legislation in the state. A spokesperson for Noem told the media outlet that the governor "invested in Granite Falls many years ago and has always appropriately disclosed her finances." The pipeline has struggled to gain voter support in South Dakota. If elected into Trump's cabinet, Noem's past interest in and investments in energy pipelines could be worth monitoring by investors. Several pipeline ETFs like the Alerian MLP ETF AMLP and Global X MLP & Energy Infrastructure ETF MLPX could benefit from having Noem, a pro-pipeline investor, in the Trump White House administration. Noem's son-in-law Kyle Peters is a registered lobbyist for Gevo Inc GEVO , a biofuels company, that could benefit from pipelines and energy investments in South Dakota. Read Next: Donald Trump’s Personnel Picks: New Poll Finds Elon Musk With Highest Approval By Voters, Matt Gaetz With Highest Disapproval Photo: Maxim Elramsisy via Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Judge halts cannabis license lottery that is precursor to Minnesota marijuana retail launchThe "Fight Fight Fight" fragrance line comes in three distinct variations, each representing a different aspect of the fighting spirit. The first fragrance, "Courageous Triumph," combines notes of bergamot, cedarwood, and leather to evoke a sense of fearlessness and triumph in the face of challenges. The second fragrance, "Victory Roar," features a blend of spicy cinnamon, patchouli, and amber, creating a bold and empowering scent that exudes strength and confidence. Lastly, the third fragrance, "Resilient Spirit," combines fresh citrus notes with musk and vetiver to symbolize resilience and determination in overcoming obstacles.