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The American experiment can be summed up in one big idea: don’t put too much power in one place. That is why the federal government has three branches – executive, legislative and judicial. Unfortunately, the modern presidency undermines that separation of powers and concentrates as much power as possible in itself. The best thing President Joe Biden can do as he leaves office is to cut the presidency back down to size. Perhaps people forget why it’s essential to keep the president in check. Presidential scholar Gene Healy observes that the public imagines the president as “a combination of guardian angel, shaman and supreme warlord of the earth.” People expect the president to say healing words at every tragedy or natural disaster, cure diseases, manage business cycles, and fight injustice worldwide. He is supposed to create millions of jobs and reimagine entire industries. No human being can meet those expectations. No wonder presidents often leave office deeply unpopular. As Biden experiences the downside of this cycle, his parting legacy could be a legitimate effort to restore the presidency and break the unpopularity curse. Biden did the same thing most presidents do: give himself more power. That meant more spending and more regulations. Not only did this not solve any problems – the national debt is more than $36 trillion, inflation is still too high, and annual regulatory burdens are now more than $15,000 per household. Biden would win the lasting respect of the people with a bold parting gesture: returning legislating powers back to Congress. The executive branch now does most of the legislating. Congress passed 65 bills in 2023, but executive branch agencies issued 2,018 regulations. The difference is a factor of 46. Additional executive branch legislation comes from utterances from regulatory agencies: guidance documents, notices and press releases. The regulatory system is opaque, expensive, unfair and counterproductive. Congress’ lack of involvement is part of the reason. Biden should return judiciary powers to courts. More than 40 regulatory agencies have their in-house court systems called administrative courts that operate outside the proper judicial branch. These agencies select their judges and pay their salaries. They set the rules for procedure and evidence and, perhaps not surprisingly, stack the deck in their favor. In these in-house agency courts, the government wins 90% of the time against only about 60% of cases in regular courts. That is what it looks like when the president takes over other branches’ powers. We have checks and balances for good reason. They prevent abuse of power. Where there isn’t abuse, there is incompetence. Washington can’t even build what its bill requires because the regulatory permits and environmental reviews take 4.5 years to finish before a shovel can break ground. Another problem is mission creep. Executive branch agencies may start with a clear purpose but can’t resist expanding those missions. Biden initiated a “whole-of-government” management philosophy. That meant the Federal Reserve was tasked with slowing climate change and the EPA with addressing economic inequality, for example. Neither agency is suited to those new tasks. Realistically, Biden won’t want to lose face by acknowledging this was a bad idea. So this reform — forcing agencies to stick to their original missions — must be left to the Trump administration. Still, Biden should encourage people to expect less from their politicians. This cultural shift will take far more than a president’s speech, but it must start somewhere. It might as well be now. The more power a president has, the more damage he can do. Each party warns about this when the other side takes power, but neither does anything about it. The least-followed rule in politics is not giving yourself any power you don’t want your opponents to have. Trump’s rhetoric on executive power is even grander than Biden’s. He has made it plain that he will use his powers to raise import taxes, go after political opponents, pressure the Federal Reserve to loosen monetary policy, and grow federal debt even more. Here is a novel idea. Triumphing Roman generals traditionally had a slave stand behind them on parade who whispered into his ear that he was a man, not a god. American presidents could use a similar aide. So, too, could the public. Ryan Young is a senior economist at the Competitive Enterprise Institute. He wrote this for InsideSources.com. ©2024 Tribune Content Agency, LLC
Court Docs: Seattle-Area Teens Tied 14-Year-Old Victim to Tree Before Disemboweling HimBrock Bowers sets NFL rookie records as the Raiders roll to a 25-10 victory over the SaintsVISTA, Calif.--(BUSINESS WIRE)--Nov 25, 2024-- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (“Form 10-Q”) and its Annual Report on Form 10-K for fiscal year ended June 30, 2024 (“Form 10-K”), with the Securities and Exchange Commission (“SEC”). This notification has no immediate effect on the listing of the Company’s common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as “anticipated,” “forward,” “will,” “would,” “could,” “may,” “intend,” “remain,” “potential,” “prepare,” “expected,” “believe,” “plan,” “seek,” “continue,” “estimate,” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the expected filing date of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company’s control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company’s financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information; delays in the Company’s financial reporting, including as a result of unanticipated factors; the Company’s ability to obtain necessary waivers or amendments to the Loan Agreement in the future; the risk that the Company may become subject to future litigation; the Company’s ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company’s critical accounting policies, or any of the Company’s estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company’s financial and business projections and guidance and may cause the Company’s actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com : https://www.businesswire.com/news/home/20241125289701/en/ CONTACT: Media & Investor Relations: media@fluxpower.com info@fluxpower.comExternal Investor Relations: Chris Tyson,Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY BATTERIES ENERGY OTHER ENERGY SOURCE: Flux Power Holdings, Inc. Copyright Business Wire 2024. PUB: 11/25/2024 04:01 PM/DISC: 11/25/2024 04:01 PM http://www.businesswire.com/news/home/20241125289701/en
Jetliner skids off runway and bursts into flames while landing in South Korea, killing 179 SEOUL, South Korea (AP) — A jetliner skidded off a runway, slammed into a concrete fence and burst into flames in South Korea after its landing gear apparently failed to deploy. Officials said all but two of the 181 people on board were killed Sunday in one of the country’s worst aviation disasters. The 737-800 operated by Jeju Air plane arrived from Bangkok and crashed while attempting to land in the town of Muan, about 290 kilometers (180 miles) south of Seoul. Footage of the crash aired by South Korean television channels showed the plane skidding across the airstrip at high speed, evidently with its landing gear still closed. Tornadoes in Texas and Mississippi kill 2 and injure 6 as severe weather system moves east HOUSTON (AP) — A strong storm system is threatening to whip up tornadoes in parts of the U.S. Southeast, a day after severe weather claimed at least two lives as twisters touched down in Texas and Mississippi. Strong storms moving eastward Sunday are expected to continue producing gusty, damaging winds, hail and tornadoes through Sunday. That is according to National Weather Service meteorologist Frank Pereira. So far, the line of severe weather has led to about 40 tornado reports from southeastern Texas to Alabama, Pereira said, but those reports remain unconfirmed until surveys of damage are completed. Israeli hospital says Netanyahu has undergone successful prostate surgery TEL AVIV, Israel (AP) — An Israeli hospital says Prime Minister Benjamin Netanyahu has undergone successful prostate surgery. Jerusalem’s Hadassah Medical Center said his prostate was removed late Sunday and that he was recovering. Netanyahu’s office had said Justice Minister Yariv Levin, a close ally, would serve as acting prime minister during the procedure. Doctors ordered the operation after detecting an infection last week. Netanyahu is expected to remain hospitalized for several days. Syria's de facto leader says it could take up to 4 years to hold elections BEIRUT (AP) — Syria’s de facto leader has said it could take up to four years to hold elections in Syria, and that he plans on dissolving his Islamist group that led the country’s insurgency at an anticipated national dialogue summit for the country. Ahmad al-Sharaa, who leads Hayat Tahrir al-Sham, the group leading the new authority in Syria, made the remarks in an interview Sunday. That's according to the Saudi television network Al-Arabiyya. It comes almost a month after a lightning insurgency led by HTS overthrew President Bashar Assad’s decades-long rule, ending the country’s uprising-turned civil war that started back in 2011. A fourth infant dies of the winter cold in Gaza as families share blankets in seaside tents DEIR AL-BALAH, Gaza Strip (AP) — A fourth infant has died of hypothermia in Gaza, where hundreds of thousands of Palestinians displaced by nearly 15 months of war are huddled in tents along the rainy, windswept coast as winter arrives. The baby's father says the 20-day-old child was found with his head as “cold as ice” Sunday morning in their tent. The baby’s twin brother was moved to the intensive care unit of Al-Aqsa Martyrs Hospital. Their father says the twins were born one month premature and spent just a day in hospital, which like other Gaza health centers has been overwhelmed and only partially functions. Musk causes uproar for backing Germany's far-right party ahead of key elections BERLIN (AP) — Tech entrepreneur Elon Musk has caused uproar after backing Germany’s far-right party in a major newspaper ahead of key parliamentary elections in the Western European country, leading to the resignation of the paper’s opinion editor in protest. Germany is to vote in an early election on Feb. 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month in a dispute over how to revitalize the country’s stagnant economy. Musk’s guest opinion piece for Welt am Sonntag, published in German over the weekend, was the second time this month he supported the Alternative for Germany, or AfD. 2024 was a year of triumphs and setbacks for Russian leader Vladimir Putin. Here's how it unfolded The year 2024 saw President Vladimir Putin further cement his power as he sought to counter Russia's isolation over the war in Ukraine. He won a fifth term that will keep him in office until 2030 following an election with only token opposition. He tightened a political crackdown on Russian society, and his top opponent, Alexei Navalny, died in prison under still unknown circumstances. But gunmen massacred scores of people in a Moscow concert hall, and a bomb killed a top general in attacks that underscored security flaws. Ukrainian forces swept into the Russian region of Kursk, Putin boasted about a lethal new hypersonic missile, and a new Trump administration raised concerns about continued U.S. support for Ukraine. Azerbaijan's president says crashed jetliner was shot down by Russia unintentionally Azerbaijan’s President Ilham Aliyev says the Azerbaijani airliner that crashed last week was shot down by Russia, albeit unintentionally. Aliyev told Azerbaijani state television on Sunday that the aircraft was hit by fire from the ground over Russia and rendered uncontrollable by electronic warfare. He accused Russia of trying to “hush up” the issue for several days. The crash on Wednesday killed 38 of 67 people on board. Russian President Vladimir Putin apologized to Aliyev on Saturday for what he called a “tragic incident” but stopped short of acknowledging Moscow’s responsibility. Russian man arrested for allegedly running LGBTQ+ travel agency found dead in custody A Russian man arrested for allegedly running a travel agency for gay customers has been found dead in custody in Moscow. That's according to independent news outlet Mediazona on Sunday. According to OVD-Info, Andrei Kotov of the Men Travel agency was in pretrial detention facing extremism charges. An investigator told Kotov’s lawyer that her client had died by suicide and was found dead in his cell. Just over a year ago, Russia’s Supreme Court effectively outlawed any LGBTQ+ activism in a ruling that designated “the international LGBT movement” as extremist. The move exposed anyone in the community or connected to it to criminal prosecution and prison. LeBron James at 40: A milestone birthday arrives Monday for the NBA's all-time scoring leader When LeBron James broke another NBA record earlier this month, the one for most regular-season minutes played in a career, his Los Angeles Lakers teammates handled the moment in typical locker room fashion. They made fun of him. Dubbed The Kid from Akron, with a limitless future, James is now the 40-year-old from Los Angeles with wisps of gray in his beard, his milestone birthday coming Monday, one that will make him the first player in NBA history to play in his teens, 20s, 30s and 40s. He has stood and excelled in the spotlight his entire career.WLYB stock hits 52-week high at $53.01 amid robust growthOusted Syrian leader Assad flees to Moscow after fall of Damascus, Russian state media say DAMASCUS, Syria (AP) — Russia media say ousted Syrian leader Bashar Assad has fled to Moscow and received asylum from his longtime ally. The reports came hours after a stunning rebel advance swept into Damascus to cheers and ended the Assad family’s 50 years of iron rule. Thousands of Syrians poured into streets echoing with celebratory gunfire, joyful after a stifling, nearly 14-year civil war. But the swiftly moving events raised questions about the future of the country and the wider region. The rebels face the daunting task of healing bitter divisions in a country still split among armed factions. One rebel commander said “we will not deal with people the way the Assad family did." Analysis: Collapse of Syria's Assad is a blow to Iran's 'Axis of Resistance' MANAMA, Bahrain (AP) — For Iran’s theocratic government, it keeps getting worse. Its decadeslong strategy of building an “Axis of Resistance” supporting militant groups and proxies around the region is falling apart. Hamas has been batttered by Israel's campaign in Gaza. In Lebanon, Israeli bombardment has crippled Iran’s most powerful ally, Hezbollah, even as Israel has launched successful airstrikes openly inside of Iran for the first time. And now Iran’s longtime stalwart ally and client in Syria, President Bashar Assad, is gone. Who is Abu Mohammed al-Golani, the leader of the insurgency that toppled Syria's Assad? BEIRUT (AP) — Abu Mohammed al-Golani, the militant leader who led the stunning insurgency that toppled Syria’s President Bashar Assad, has spent years working to remake his public image and that of his fighters. He renounced longtime ties to al-Qaida and depicts himself as a champion of pluralism and tolerance. The extent of that transformation from jihadi extremist to would-be state builder is now put to the test. The 42-year-old al-Golani is labeled a terrorist by the United States. He has not appeared publicly since Damascus fell early Sunday. But he and his insurgent force, Hayat Tahrir al-Sham, stand to be a major player in whatever comes next. Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions WASHINGTON (AP) — Donald Trump says he can’t guarantee his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers. And he's suggesting once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect made the comments in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday. He also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” The hunt for UnitedHealthcare CEO's elusive killer yields new evidence, but few answers NEW YORK (AP) — Police don’t know who he is, where he is, or why he did it. As the frustrating search for UnitedHealthcare CEO Brian Thompson’s killer got underway for a fifth day Sunday, investigators reckoned with a tantalizing contradiction: They have troves of evidence, but the shooter remains an enigma. One conclusion they are confident of, however: It was a targeted attack, not a random one. On Sunday morning, police declined to comment on the contents of a backpack found in Central Park that they believe was carried by the killer. Thompson was shot and killed Wednesday outside of a hotel in Manhattan. Trump calls for immediate ceasefire in Ukraine and says a US withdrawal from NATO is possible WASHINGTON (AP) — Donald Trump is pushing Russian leader Vladimir Putin to act to reach an immediate ceasefire with Ukraine. Trump describes it as part of his active efforts as president-elect to end the war despite being weeks from taking office. Trump also said he would be open to reducing military aid to Ukraine and pulling the United States out of NATO. Those are two threats that have alarmed Ukraine, NATO allies and many in the U.S. national security community. Ukrainian President Volodymyr Zelenskyy says any deal would have to pave the way to a lasting peace. The Kremlin's spokesman says Moscow is open to talks with Ukraine. Gaza health officials say latest Israeli airstrikes kill at least 14 including children DEIR AL BALAH, Gaza Strip (AP) — Palestinian health officials say Israeli airstrikes in central Gaza have killed at least 14 people including children, while the bombing of a hospital in northern Gaza has wounded a half-dozen patients. Israel’s military continues its latest offensive against Hamas militants in northern Gaza, whose remaining Palestinians have been almost completely cut off from the rest of the territory amid a growing humanitarian crisis. One airstrike flattened a residential building in the urban Bureij refugee camp Sunday afternoon. That's according to the Al-Aqsa Martyrs Hospital in the nearby city of Deir al-Balah, where the casualties were taken. South Korea's democracy held after a 6-hour power play. What does it say for democracies elsewhere? SEOUL, South Korea (AP) — A short-lived martial law decree by South Korea's leader last week raised worries about budding authoritarianism around the world. In the end, though, democracy prevailed. President Yoon Suk Yeol announced that he was declaring martial law and giving his government sweeping powers to crack down on protesters, ban political parties and control the media. Members of the military blocked lawmakers from using the legislature's constitutional power to cancel the power grab. But the National Assembly within hours unanimously voted to do so. Trump's return may be a boon for Netanyahu, but challenges abound in a changed Middle East TEL AVIV, Israel (AP) — Israeli Prime Minister Benjamin Netanyahu is jubilant about President-elect Donald Trump's return to the White House. Trump's first term policies skewed heavily in favor of Israel, and he has picked stalwart Israel supporters for key positions in his administration. But much has transpired since Trump left office in early 2021. The turmoil in the Middle East, the lofty ambitions of Netanyahu’s far-right governing coalition and Netanyahu’s own personal relationship with the president-elect could dampen that enthusiasm and complicate what on the surface looks like a seamless alliance. College Football Playoff's first 12-team bracket is set with Oregon No. 1 and SMU in, Alabama out SMU captured the last open spot in the 12-team College Football Playoff, bumping Alabama to land in a bracket that placed undefeated Oregon at No. 1. The selection committee preferred the Mustangs, losers of a heartbreaker in the Atlantic Coast Conference title game, who had a far less difficult schedule than Alabama of the SEC but one fewer loss. The inaugural 12-team bracket marks a new era for college football, though the Alabama-SMU debate made clear there is no perfect formula. The tournament starts Dec. 20-21 with four first-round games. It concludes Jan. 20 with the national title game in Atlanta.
Once teammates, Rollie Worster and Steven Ashworth duel in Nebraska-Creighton rivalry