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The moment the boy realized what he had consumed, his world shattered. The taste of blood mixed with milk, innocence tainted by violence, forever etched into his memory. It was a cruel initiation into the harsh realities of the world, a loss of innocence that would haunt him for the rest of his days.
Skyward Specialty director Hays sells $4.06m in stockNEW YORK , Dec. 6, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024 and August 28, 2024 , both dates inclusive (the "Class Period"), of t the important December 6, 2024 lead plaintiff deadline. So what: If you purchased iLearningEngines 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 iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com 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 6, 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. 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, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iLearningEngines' "Technology Partner" was an undisclosed related party; (2) iLearningEngines used its undisclosed related party Technology Partner to report "largely fake" revenue and expenses; (3) as a result of the foregoing, iLearningEngines significantly overstated its revenue; and (4) as a result of the foregoing, defendants' positive statements about iLearningEngines' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com 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: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . 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 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/aile-deadline-today-aile-investors-have-opportunity-to-lead-ilearningengines-inc-securities-fraud-lawsuit-302325082.html SOURCE THE ROSEN LAW FIRM, P. A.Unlocking the Secrets Behind AI Stock Trends: What You Need to KnowOpenAI to partner with military defense tech company
ATLANTA — On Jan. 20, 1981, after suffering a landslide defeat, former President Jimmy Carter returned home to rural Plains to what he called “an altogether new, unwanted, and potentially empty life.” By 1982, he had such a low profile that Time magazine called him “virtually a non-person, a president who never was.” But Carter would rewrite his legacy by turning to his implacable faith. It was, to him, an enduring source of comfort and inspiration, continuously helping guide him even through the most stunning setbacks — from losing elections to marital woes, an interminable hostage crisis in Iran and health crises in later life. His hometown of Plains wasn’t just Carter’s childhood home — it was his spiritual center. Upon his return after his presidential defeat, Carter, a third-generation Baptist, maintained his lifetime habit — teaching Sunday school at Maranatha Baptist Church. He made a cross that stood for years above the altar in his wood shop. As an active member, he took his turn cutting the church’s grass. And he applied his love-your-neighbor ethic to his work at the Carter Center. “He is not some pie-in-the-sky Christian. He is a down-to-earth Christian who sees the everyday challenges and applies his faith to practical problems,” said civil rights hero the Rev. Joseph Lowery in an October 2010 interview. “There is no question his commitment to peace is based on faith. His commitment to help the poor, his commitment to housing, you can attribute that to his faith. It was Christ’s challenge to serve the poor and he’s done that. I admire him for that.” In his 1996 book “Living Faith,” Carter wrote openly about problems in his marriage. Getting involved in the church in Plains helped him and his wife work though communication woes. “We found we could communicate through discussions of our religious faith better than we could without it,” he said. When they had problems in their marriage, they would kneel together, pray to God and both would tell their sides of the story. It was as if they used God as the ultimate marriage counselor, according to E. Stanly Godbold, a Carter historian and author of the book, “Jimmy and Rosalynn Carter: The Georgia Years, 1924 to 1974.” Faith played a role in 1978 when Carter held peace meetings between Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin. Carter believed the common thread of religion helped bring the two sides together. “At Camp David, for instance, this is one of the main themes of Anwar Sadat, we had so much in common worshipping the same God that we could form a common foundation for peace,” Carter told the AJC in a 1996 interview. Break with Southern Baptists When Carter was running for president, he was an appealing candidate to Southern Baptists and other evangelicals — a small-town guy in the Bible belt, still married to the same woman and the first U.S. presidential candidate who self-identified as a born-again Christian. That terminology was new for swaths of America and resulted in news articles across the nation examining and explaining, often poorly, conservative Christian beliefs. It was also an early sign of the development of the political-religious organizations such as the Rev. Jerry Falwell’s Moral Majority that followed. The evangelical Christian vote helped elect Carter. But in just four years, the most famous face of the Baptist religion was at odds with the increasingly conservative-leaning Southern Baptist Convention. The nation’s largest Protestant denomination also was undergoing its own cultural changes. Through the 1980s, theologically and politically conservative leaders rallied voting members of the convention to sweep out moderates from leadership roles in churches, seminaries and colleges over their theological “liberalism.” Carter’s views on hot-button issues such as supporting women as leaders in the church made him increasingly unpopular among many Southern Baptists and other evangelicals. He later showed support for civil unions, and by 2018 for marriage of same sex couples. But in 1979, many of the conservatives who voted for him the first time deserted him for Ronald Reagan. In 2000, Carter severed ties to the Southern Baptist Convention, saying parts of its “increasingly rigid” doctrines violated the “basic premises of my Christian faith.” Carter went on to play a role in helping start an alternate association for progressive evangelical Black and white churches whose memberships and leaders were more moderate in their thinking and actions, such as installing women into pulpits and key church roles, and focusing on goals such as fighting poverty, and advocating for the environment and social causes. Carter used his weight to get the New Baptist Covenant and Cooperative Baptist Fellowship off the ground. In 2008, he helped bring together 20,000 Baptists representing more than 20 million church members for an Atlanta event designed to bury differences and work together. The tension was deep. The Southern Baptist Convention’s news service, Baptist Press, did not carry a news article about Carter winning the Nobel Peace Prize. “Carter didn’t change,” said Nancy T. Ammerman, a sociologist of religion at Boston University and author of “Baptist Battles.” “The definition of what it meant to be Southern and Baptist changed.” “One of the characteristics of being Baptist is this that you have to make decisions about how your life is going to go,” said Ammerman. “No priest can do it for you. There’s this deep-seated notion of individual freedom and individual accountability, and (that) gave him this fierce ability to be independent that has shaped his personality and career and has given him a strong commitment to democracy, various human rights issues and religious liberty.” An abiding faith Carter’s faith can be traced back to his childhood, a time when Sunday was devoted to church and biblical teachings. In his hometown of Plains, no stores were open on Sunday. Going to a movie theater or even playing cards on Sunday was out of the question. That devotion never faded. Well into his 90s, he was behind the pulpit teaching multiple Sundays every year to classes filled with people from around the nation and world who would drop in to hear the former president. One Sunday, Carter counted 28 nations represented in the pews. He would talk about God and loving your enemies, and then sprinkle stories of traveling around the globe, building houses and eradicating disease. He and Rosalynn would pose for pictures with visitors at the little church, a quintessential Jimmy Carter experience. Even as he contemplated his demise, he looked to his faith for guidance. In “Living Faith,” he wrote: “We can face death with fear, anguish, self-torment and unnecessary distress among those around us. Or, through faith and the promises of God, we can confront the inevitable with courage, equanimity, good humor and peace. Our last few days or months can be spent in a challenging and exhilarating way, seeking to repair relationships and to leave a good or even noble legacy, in an atmosphere of harmony and love.” ©2024 The Atlanta Journal-Constitution. Visit at ajc.com . Distributed by Tribune Content Agency, LLC.In conclusion, Samsung's plan to convert its A2 factory 5.5 generation line into a glass-based micro OLED production line marks a significant milestone in the company's pursuit of technological advancement and market leadership. This strategic move showcases Samsung's dedication to enhancing display technology, improving manufacturing processes, and delivering innovative solutions to meet the demands of today's tech-savvy consumers.San Francisco 49ers running back Christian McCaffrey and top backup Jordan Mason are being placed on injured reserve. McCaffrey left the snowy field in Buffalo on Sunday night after a 5-yard gain that was preceded by him heading to the sideline in apparent pain at the end of an 18-yard run. McCaffrey was diagnosed with a posterior cruciate ligament injury in his right knee and did not play in the second half. The 49ers also lost Jordan Mason, who emerged in a starting role with McCaffrey out the first two months of the season, to an ankle injury. Head coach Kyle Shanahan said Monday that Mason has a high-ankle sprain, which typically requires a recovery window of 4-6 weeks. Those moves push rookie Isaac Guerendo into the RB1 spot. He scored the team's only touchdown at Buffalo. The IR slots in San Francisco are manned by multiple starters, including wide receiver Brandon Aiyuk, linebacker Dre Greenlaw, defensive tackle Javon Hargrave and safety Talanoa Hufanga. Mason had a team-leading 789 rushing yards and scored three touchdowns. Being placed on IR means he's not eligible to play until the regular-season finale at Arizona. McCaffrey had 53 yards on seven carries on Sunday night and caught two passes for 14 yards before exiting. He was playing in just his fourth game of the season after missing the first eight because of Achilles tendinitis. McCaffrey was the NFL Offensive Player of the Year last season, when he led the league with 2,023 yards from scrimmage: a league-leading 1,459 rushing yards and 14 touchdowns plus 67 catches for 564 yards and seven scores. McCaffrey hasn't scored a touchdown in his four appearances this season. He has rushed for 202 yards on 50 carries and caught 15 passes for 146 yards. "It was frustrating," Shanahan said after the game. "He had a great week of practice and I could feel his urgency and stuff and thought he came out great, looking really good, and it looked like he just got his shoestring there. ... I hurt for him, and tough for our team not having him." The 49ers (5-7) played without defensive end Nick Bosa (oblique) and left tackle Trent Williams (ankle) in the 35-10 loss. San Francisco has lost three in a row heading into next Sunday's game against the Chicago Bears (4-8) in Santa Clara, Calif. San Francisco resides two games behind the NFC West-leading Seattle Seahawks (7-5) with five games remaining on the schedule. Seattle and San Francisco split their season series. --Field Level Media
Inside Trump's plan to overhaul the Justice Department
SAND SPRINGS, Okla. , Dec. 2, 2024 /PRNewswire/ -- Webco Industries, Inc. WEBC today reported results for our first quarter of fiscal year 2025, which ended October 31, 2024 . For our first quarter of fiscal year 2025, we had a net loss of $0.1 million , or a loss of $0.13 per diluted share, while in our first quarter of fiscal year 2024, we had net income of $5.1 million , or $6.25 per diluted share. Net sales for the first quarter of fiscal 2025 were $141.4 million , a 10.4 percent decrease from the $157.8 million of sales in the first quarter of fiscal year 2024. Dana S. Weber , Chief Executive Officer and Board Chair, stated, "The domestic manufacturing economy has been worsening over the past year. Further, we have certain markets that are being adversely impacted by foreign imports. We continue to focus on positioning Webco for various economic environments and opportunities by maintaining a strong balance sheet and good liquidity and making compelling investments in our business. Our total cash, short-term investments and available credit on our revolver were $89.0 million at October 31, 2024 , which we believe to be a competitive advantage." In the first quarter of fiscal year 2025, we had income from operations of $1.1 million after depreciation of $4.7 million . The first fiscal quarter of the prior year generated income from operations of $8.0 million after depreciation of $3.7 million . Gross profit for the first quarter of fiscal 2025 was $13.6 million , or 9.7 percent of net sales, compared to $21.6 million , or 13.7 percent of net sales, for the first quarter of fiscal year 2024. Selling, general and administrative expenses were $12.6 million in the first quarter of fiscal 2025 and $13.6 million in the first quarter of fiscal 2024. SG&A expenses in the first quarter of fiscal year 2025 reflect a decrease in costs related to lower profitability, such as company-wide incentive compensation and variable pay programs, offset by inflation we have experienced in wages and other expenses. Interest expense was $1.2 million in the first quarter of fiscal year 2025 and $1.3 million in the same quarter of fiscal year 2024. Average construction-based investments decreased in fiscal year 2025 and, as a result, capitalized interest decreased $0.2 million when compared to the first quarter of fiscal year 2024. Capitalized interest decreases net interest expense in the consolidated statement of operations. Notwithstanding capitalized interest, the impact of increased interest rates was more than offset by lower average debt balances. Capital expenditures incurred amounted to $5.1 million in the first quarter of fiscal year 2025, down from $10.1 in the first quarter of fiscal year 2024. Included in our capital spending for the first quarter of fiscal year 2024 was construction of our F. William Weber Leadership Campus, which houses our Tech Center and corporate headquarters. The Tech Center, which is the tip of the spear that leads Webco's trusted and technical brand throughout our industry, was completed in the fourth quarter of fiscal year 2024. As of October 31, 2024 , we had $18.6 million in cash and short-term investments, in addition to $70.4 million of available borrowing under our $220 million senior revolving credit facility. Availability on the revolver, which had $44.0 million drawn at October 31, 2024 , was subject to advance rates on eligible accounts receivable and inventories. Our term loan and revolver mature in September 2027. Accounting rules require asset-based debt agreements like our revolver to be classified as a current liability, despite its fiscal year 2028 maturity. Webco's stock repurchase program authorizes the purchase of our outstanding common stock in private or open market transactions. In September 2023 , the Company's Board of Directors refreshed the repurchase program with a new limit of up to $40 million and extended the program's expiration until July 31 , 2026. We purchased 2,850 shares of our stock during the first quarter of fiscal year 2025. Including the current fiscal year, Webco has purchased approximately 158,000 shares over the course of the last five fiscal years. The repurchase plan may be extended, suspended or discontinued at any time, without notice, at the Board's discretion. Webco's mission is to continuously build on our strengths as we create a vibrant company for the ages. We leverage our core values of trust and teamwork, continuously building strength, agility and innovation. We focus on practices that support our brand such that we are 100% engaged every day to build a forever kind of company for our Trusted Teammates, customers, business partners, investors and community. We provide high-quality carbon steel, stainless steel and other metal specialty tubing products designed to industry and customer specifications. We have five tube production facilities in Oklahoma and Pennsylvania and eight value-added facilities in Oklahoma , Illinois , Michigan , Pennsylvania and Texas , serving customers globally. Our F. William Weber Leadership Campus is in Sand Springs, Oklahoma and houses our corporate offices and our Webco TechCenterTM, providing a state-of-the-art laboratory and R & D facility to lead and develop technical solutions. Risk Factors and Forward-looking statements: Certain statements in this release, including, but not limited to, those preceded by or predicated upon the words "anticipates," "appears," "believes," "estimates," "expects," "forever," "hopes," "intends," "plans," "projects," "pursue," "should," "will," "wishes," or similar words may constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company, or industry results, to differ materially from any future results, performance or achievements expressed or implied herein. Such risks, uncertainties and factors include the factors discussed above and, among others: general economic and business conditions, including any global economic downturn; government policy or low hydrocarbon prices that stifle domestic investment in energy; competition from foreign imports, including any impacts associated with dumping or the strength of the U.S. dollar; political or social environments that are unfriendly to industrial or energy-related businesses; changes in manufacturing technology; the banking environment, including availability of adequate financing; worldwide and domestic monetary policy; changes in tax rates and regulation; regulatory and permitting requirements, including, but not limited to, environmental, workforce, healthcare, safety and national security; availability and cost of adequate qualified and competent personnel; changes in import / export tariff or restrictions; volatility in raw material cost and availability for the Company, its customers and vendors; the cost and availability, including time for delivery, of parts and services necessary to maintain equipment essential to the Company's manufacturing activities; the cost and availability of manufacturing supplies, including process gases; volatility in oil, natural gas and power cost and availability; world-wide or national transition from hydrocarbon sources of energy that adversely impact demand for our products; problems associated with product development efforts; significant shifts in product demand away from internal combustion engine automobiles; appraised values of inventories that can impact available borrowing under the Company's credit facility; declaration of material adverse change by a lender; industry capacity; domestic competition; loss of, or reductions in, purchases by significant customers and customer work stoppages; work stoppages by critical suppliers; labor unrest; conditions, including acts of God, that require more costly transportation of raw materials; accidents, equipment failures and insured or uninsured casualties; third-party product liability claims; flood, tornado, winter storms and other natural disasters; customer or supplier bankruptcy; customer or supplier declarations of force majeure; customer or supplier breach of contract; insurance cost and availability; lack of insurance coverage for floods; the cost associated with providing healthcare benefits to employees; customer claims; supplier quality or delivery problems; technical and data processing capabilities; cyberattack on our information technology infrastructure; world, domestic or regional health crises; vaccine mandates or related governmental policy that would cause significant portions of our workforce, or that of our customers or vendors, to leave their current employment; global or regional wars and conflicts; our inability or unwillingness to comply with rules required to maintain the quotation of our shares on any market place; and our inability to repurchase the Company's stock. The Company assumes no obligation to publicly update any such forward-looking statements. No assurance is provided that current results are indicative of those that will be realized in the future. - TABLES FOLLOW - WEBCO INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands, except per share data - Unaudited) Three Months Ended October 31, 2024 2023 Net sales $ 141,386 $ 157,837 Cost of sales 127,740 136,231 Gross profit 13,646 21,606 Selling, general & administrative expenses 12,564 13,629 Income (loss) from operations 1,082 7,977 Interest expense 1,151 1,293 Pretax income (loss) (69) 6,684 Provision for (benefit from) income taxes 37 1,600 Net income (loss) $ (106) $ 5,084 Net income (loss) per share: Basic $ (0.13) $ 6.43 Diluted $ (0.13) $ 6.25 Weighted average common shares outstanding: Basic 798,000 790,000 Diluted 798,000 814,000 CASH FLOW DATA (Dollars in thousands - Unaudited) Three Months Ended October 31, 2024 2023 Net cash provided by (used in) operating activities $ 13,851 $ 18,050 Depreciation and amortization $ 4,694 $ 3,696 Cash paid for capital expenditures $ 5,551 $ 12,588 Notes: Amounts may not sum due to rounding. WEBCO INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in thousands - Unaudited) October 31, July 31, 2024 2024 Current assets: Cash $ 2,485 $ 1,171 U.S. Treasury Bonds 16,103 15,903 Accounts receivable 58,668 70,249 Inventories, net 174,673 169,513 Prepaid expenses 9,303 9,530 Total current assets 261,233 266,366 Property, plant and equipment, net 168,748 168,186 Right of use, finance leases, net 954 1,043 Right of use, operating leases, net 21,891 21,879 Other long-term assets 15,696 15,611 Total assets $ 468,522 $ 473,085 Current liabilities: Accounts payable $ 30,230 $ 28,109 Accrued liabilities 32,706 33,066 Current portion of long-term debt, net 43,799 49,115 Current portion of finance lease liabilities 427 429 Current portion of operating lease liabilities 5,178 5,063 Total current liabilities 112,340 115,782 Long-term debt, net of current portion 20,000 20,000 Finance lease liabilities, net of current portion 574 657 Operating lease liabilities, net of current portion 16,577 16,653 Deferred tax liability 39 886 Stockholders' equity: Common stock 9 9 Additional paid-in capital 54,545 54,256 Retained earnings 264,437 264,842 Total stockholders' equity 318,991 319,107 Total liabilities and stockholders' equity $ 468,522 $ 473,085 Notes: Amounts may not sum due to rounding. CONTACT: Mike Howard Chief Financial Officer (918) 241-1094 mhoward@webcotube.com View original content: https://www.prnewswire.com/news-releases/webco-industries-inc-reports-fiscal-2025-first-quarter-results-302320142.html SOURCE Webco Industries, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Breaking: Former President Jimmy Carter Dies at 100Bengals kicker Cade York and his Cowboys cheerleader girlfriend will be bitter rivals on Monday Night Football
MORGANTOWN, W.Va. (AP) — Oklahoma co-defensive coordinator Zac Alley is being reunited with Rich Rodriguez at West Virginia. Rodriguez, who was hired for his second stint as West Virginia's coach on Dec. 12, announced Sunday that he hired the 31-year-old Alley as defensive coordinator and linebackers coach. “Zac is one of the top young defensive coordinators in the country and has proven his ability to lead and be an innovator at different stops during his career,” Rodriguez said in a statement. “I have worked with him several seasons, and he constantly impresses me with his ability to blend schemes with his personnel and develop winning results.” Under Rodriguez, Alley spent the 2022 and 2023 seasons as defensive coordinator and linebackers coach at Jacksonville State. Alley was the youngest defensive coordinator in the Bowl Subdivision at Louisiana-Monroe in 2021 when Rodriguez was the Warhawks’ offensive coordinator. In Alley’s lone season at Oklahoma, the Sooners ranked fifth in the Southeastern Conference in total defense, allowing 318 yards per game. “I have tremendous respect for Coach Rod, as I’ve seen how he develops players and builds a program,” Alley said. “I look forward to working with the players and doing my part to help WVU be one of the top teams in the Big 12 Conference and the nation.” Alley worked under Oklahoma coach Brent Venables as a graduate assistant at Clemson from 2015 to 2018 when Venables was defensive coordinator and linebackers coach there. 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-footballIt is essential to recognize that "Trump 2.0" may not pursue the exact policy agendas championed by Donald Trump during his presidency. Professor Ouyang highlighted the need to evaluate emerging leaders based on their own policy proposals, priorities, and decision-making processes. While there may be overlaps in certain policy areas, assuming a complete replication of policies overlooks the potential for new directions and adaptations in response to changing circumstances. Political continuity does not equate to policy stagnation.Recently, Tencent Video, one of the leading streaming platforms in China, announced a significant change to its VIP service. The VIP subscription, which previously allowed users to watch content on multiple devices simultaneously, has been downgraded to only allow playback on one device at a time. This move has sparked heated discussions among users and raised concerns about the impact it will have on their streaming experience.