NEW YORK (AP) — Minnesota pitchers Justin Topa and Brock Stewart agreed to one-year contracts ahead of Friday's tender deadline along with fellow right-hander Triston McKenzie of Cleveland and Cole Sulser of Tampa Bay. Agreements and non-tenders reduced players eligible for arbitration to 169 from 238 at the start of last week. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.BMO Announces Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series of BMO Mutual Funds
NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global E-bike market size is estimated to grow by USD 16.48 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.95% during the forecast period. Increasing sustainability and environmental concerns is driving market growth, with a trend towards popularity of connected e-bikes. However, product recalls due to possible failures of e-bikes poses a challenge.Key market players include Accell Group NV, Avon Cycles Ltd., BH BIKES Europe SL, Cortina Bikes, Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Hero Cycles Ltd., Hero Ecotech Ltd., Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, myStromer AG, PEDEGO Inc., PIERER Mobility AG, Riese and Muller GmbH, SCOTT Sports SA, SHIMANO INC., Trek Bicycle Corp., TVS Motor Co. Ltd., Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electric Vehicle Co. Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF E-bike Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.95% Market growth 2024-2028 USD 16.48 billion Market structure Fragmented YoY growth 2022-2023 (%) 6.7 Regional analysis APAC, Europe, North America, South America, and Middle East and Africa Performing market contribution APAC at 50% Key countries US, China, Japan, Germany, and The Netherlands Key companies profiled Accell Group NV, Avon Cycles Ltd., BH BIKES Europe SL, Cortina Bikes, Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Hero Cycles Ltd., Hero Ecotech Ltd., Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, myStromer AG, PEDEGO Inc., PIERER Mobility AG, Riese and Muller GmbH, SCOTT Sports SA, SHIMANO INC., Trek Bicycle Corp., TVS Motor Co. Ltd., Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electric Vehicle Co. Ltd. Market Driver The E-Bike Market is experiencing significant growth due to its eco-friendly solution as fuel prices rise. With the increasing popularity of e-bikes, governments and national regulations are implementing e-bike regulations, turning them into a viable alternative to cars. E-bikes offer various types and modes, including Class-II and Class-III, catering to different needs of riders. However, the lack of infrastructure, such as bike lanes, poses a challenge. The E-Bike Market Ecosystem consists of raw material suppliers, component manufacturers, e-bike manufacturers, and end users. Hub motor drives and mid-drive motors are common motor drive technologies, while lithium-ion batteries are increasingly preferred over lead acid-equipped e-bikes. E-bikes are popular among young adults, males, and females, with off-road sports, mountain biking, and Crossroad biking gaining traction. Governments offer incentives to promote e-bikes as an alternative to motorcycles and cars, reducing CO2 emissions and air pollution. E-bike manufacturers like Shimano Inc focus on build quality, performance, and pricing incentives to meet consumer needs. Advancements in technologies, such as lithium-ion batteries and connected e-bikes, add features and benefits, making e-bikes a preferred choice for commuting and adventure. Despite the benefits, challenges like noise pollution and the need for motor regulations persist. The global economic slowdown and inflation may cause overstocks, affecting market players and their models. The E-Bike market continues to evolve, offering a range of vehicles for various uses, from cargo to fitness. The rise of ride-sharing, ride-hailing, and vehicle rental services has significantly boosted the adoption of connected vehicles, including e-bikes. The widespread use of e-bike-sharing services in various regions has given birth to connected e-bikes. These connected e-bikes enable real-time location tracking for both the bike-sharing companies and users. By integrating connectivity features, e-bikes can enhance the bike-sharing business model and become a crucial component of urban mobility. Connected e-bikes can be easily tracked, booked, and paid for through smartphone applications, making them an essential part of the Mobility-as-a-Service (MaaS) network. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This e-bike market report extensively covers market segmentation by 1.1 SLA batteries- SLA batteries, also known as sealed lead-acid (SLA) batteries or gel cells, are a common choice for electric bikes (e-bikes) due to their affordability and ease of maintenance. These batteries have a coagulated sulfuric acid electrolyte and are partially sealed, with vents to release gases formed during overcharging. SLA batteries are heavier and larger than lithium-ion batteries, impacting the overall weight and handling of the e-bike. They also have a lower energy density and capacity compared to lithium-ion batteries. Despite these functional disadvantages, SLA batteries remain popular due to their low cost and wide availability. However, they contain 70% lead, which can negatively impact the environment during manufacturing, usage, recycling, and disposal. The SLA batteries segment is expected to maintain its leading position in the global e-bike market due to their affordability and accessibility. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The e-bike market is experiencing significant growth as more people seek eco-friendly solutions for commuting and transportation. Fuel prices and environmental concerns are driving the demand for electric bicycles, which offer a cost-effective and sustainable alternative to cars and motorcycles. Governments around the world are investing in bicycle highway lanes and incentives to encourage the use of e-bikes, reducing traffic congestion and noise pollution. E-bikes come in various types and modes, including cargo bikes, mountain bikes, and commuting models. Their benefits include the ability to tackle hills and long distances with ease, thanks to powerful motors and lithium-ion batteries. Consumers appreciate the lack of need for a driver's license or insurance, as well as the low weight and ease of use. Despite the advancements in e-bike technology, there are challenges, such as regulations, overstocks, and the occasional lack of infrastructure. However, the market continues to evolve, with new models and components, such as throttle controls, being introduced regularly to meet the needs of riders. Overall, e-bikes offer a versatile and efficient transportation solution for people looking to reduce their carbon footprint and save money on fuel costs. Market Research Overview The E-Bike Market is experiencing significant growth as more people seek eco-friendly solutions for transportation due to rising fuel prices and government regulations aimed at reducing CO2 emissions and air pollution. The popularity of e-bikes is on the rise, especially among young adults, males, and cyclist organizations, as they offer a convenient and cost-effective alternative to cars for commuting and recreational activities like mountain biking, off-road sports, and adventure. However, the market faces challenges such as a lack of infrastructure, including bike lanes, and regulatory hurdles in various countries. The E-Bike Market Ecosystem consists of raw material suppliers, component manufacturers, e-bike manufacturers, and end users. The market offers various types of e-bikes, including Class-II and Class-III e-Bikes, mopeds, and cargo e-bikes, powered by hub motor drives or mid-drive motors and lithium-ion batteries. The market is also witnessing advancements in technologies, such as connected e-bikes, and new modes of transportation, such as e-bike sharing services. Governments worldwide are offering incentives to promote the adoption of e-bikes and e-scooters to reduce congestion and carbon footprints. Despite these advantages, challenges such as the lack of standardization, safety concerns, and competition from traditional modes of transportation, such as motorcycles, persist. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. Despite the challenges, the E-Bike Market is poised for growth, driven by the need for sustainable transportation solutions, government regulations, and consumer demand. The market is expected to witness significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features, which will make e-bikes more accessible, affordable, and convenient for consumers. In conclusion, the E-Bike Market is an exciting and dynamic space, driven by the need for sustainable transportation solutions, consumer demand, and government regulations. The market offers a range of e-bike types, from city/urban e-bikes to cargo e-bikes, and is witnessing significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features. Despite the challenges, the market is expected to continue growing, driven by the benefits of e-bikes, such as cost savings, health benefits, and environmental sustainability. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/e-bike-market-to-grow-by-usd-16-48-billion-2024-2028-driven-by-sustainability-and-environmental-concerns-ai-impacting-market-trends---technavio-302314314.html SOURCE Technavio
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The Arecibo Message , transmitted on November 16th, 1974, from the Arecibo Observatory, was humanity’s first true attempt at Messaging Extraterrestrial Intelligence (METI). The message was a simple pictorial signal in binary code composed by famed astronomer and SETI researcher Frank Drake (inventor of the Drake Equation ) with the assistance of Sagan and other prominent astronomers. The message was and was aimed toward Messier 13 (NGC 6205 or “The Great Hercules Cluster”), a globular star cluster located about 25,000 light-years from Earth in the constellation of Hercules. In 2018, in preparation for the 45th anniversary of the historic broadcast, the Arecibo Message Global Challenge was launched. Student teams were tasked with designing a new message that could be sent to space, and by August 2020, the Boriken Voyagers team was recognized as the winner of the competition. Unfortunately, the Observatory collapsed on December 1st, 2020 , and the message was never sent. To commemorate the 50th anniversary of the Arecibo Message, the Boriken Voyagers have shared “ The Last Arecibo Message .” The Boriken Voyagers team consists of eight students from the University of Arecibo Mayagüez Campus (RUM) and the Planetary Habitability Laboratory (PHL) at the University of Puerto Rico at Arecibo. Boriken is the name for Puerto Rico in the language of the Indigenous Taino/Arawakan people. The group is led by Kelby D. Palencia-Torres , a student at RUM and PHL who specializes in the study of the gas and dust surrounding galactic disks – aka. the Circumgalactic Medium . The Arecibo Message was organized by Drake in the early 1970s as the first campaign to compose a message destined for space. The effort relied on Arecibo’s megawatt transmitter attached to its 305-meter (1000-foot) antenna to send a 20-gigawatt omnidirectional broadcast. The M13 cluster was selected because of the number of stars (about 300,000) and the cluster’s age (11.65 billion years). This made it seem a likely place to host an extraterrestrial civilization. The message was not intended as an invitation to talk nearly as much as a demonstration of human technological capabilities and scientific knowledge. The message was transmitted on November 16th, 1974, at a frequency of 2380 MHz and an effective bandwidth of 10 Hz. The message was transmitted at a frequency-shifting rate of 10 bits per second and lasted less than three minutes. It consisted of a 1679-binary digit picture (210 bytes) – the product of two prime numbers – arranged rectangularly into 73 lines of 23 characters per line (also prime numbers). The use of prime numbers was deliberate since mathematics is considered the only “universal language” and easier for an alien civilization to decode. They conveyed a series of scientific, geographical, biological, and astronomical information in different colors. These included: Fifty years after the Arecibo Message was sent, its legacy lives on. Universe Today recently caught up with the Boriken Voyagers to learn more about the original message and their updated version. The team members included Kelby D. Palencia-Torres, Cesar F. Quinones-Martinez, Javier A. Garcia Sepulveda, Luis R. Rivera Gabriel, Lizmarie Mateo Roubert, German Vazquez Perez, and Abel Mendez. Germán Vázquez Pérez : “Even 50 years later, and despite the loss of the Arecibo Observatory, the Arecibo Message continues its journey through the vastness of space, waiting to be intercepted by potential civilizations. It’s a bittersweet feeling. The message remains an example of what humanity can achieve, but we no longer possess the same capability to receive a potential reply or transmit another message with such power and significance. At least for the moment.” Kelby Palencia-Torres: “The significance of the Message is that it represents humanity, and it is the first intentional message of our existence in the cosmos. The message compels curiosity, and it’s our first step to answering the old question if we are alone in the universe.” Lizmarie Mateo Roubert: “ The Arecibo Message can represent the hope people working in the scientific community have in answering questions about the Universe and all the efforts they have put in throughout the years.” Cesar Quinones-Martinez : “The Arecibo Message has fascinated many throughout the decades, bringing a lot of debate as to whether or not we should actively contact other extraterrestrial civilizations. Arecibo and the Arecibo Message for Puerto Rico represent a collective curiosity in space exploration, as for many students on the island, visiting Arecibo becomes a key motivator to beginning their STEAM journey. It represents a bold step into the unknown, where our curiosity takes us to make new discoveries. “ Cesar Quinones-Martinez: “The SETI and METI initiatives both have seen improvements to their capabilities as technology improves. Bigger, more sensitive detectors bring us closer to receiving any artificial signal, while better transmitters could allow for future messages that can better retain their information while passing through gas clouds or other mediums. While the Arecibo Message was designed to showcase Arecibo’s capabilities, current METI projects are more rigorous with what they want to communicate. We do not know the intentions of the recipient of our message, and measures must be taken to be direct with what we say.” Kelby Palencia-Torres : “With METI, we are more cautious with the content included in the messages. Some sci-fi series like the ‘3 Body Problem’ play a negative role in how METI is perceived outside the scientific community.” Kelby Palencia-Torres: “The New Arecibo Message Global Challenge was an intriguing and daring competition. To partake and enlist in the challenge, one had to solve a riddle. After this first stage of the challenge, we had to solve a puzzle where the situation was similar to that of the movie Contact. We had to decode a message and identify the location of said message. Once proven to solve the puzzle, we passed to the last stage, where we had to develop the New Arecibo Message. As part of the challenge of the message, we had to consider the energy used to produce the signal and transmit it, choose a location visible to the Arecibo Telescope, and the hardest part ... fully create the content of the message itself.” Lizmarie Mateo Roubert: “At the time, this was truly the most difficult part of the challenge we had encountered so far. Back in 2018, most of us were just beginning our undergraduate degrees and some of the information we needed to keep in mind whenever we were to develop a message in a way that could be encoded eventually proved to be a bit of a struggle. With the help of other professionals in the field and professors on our university campus, we were then able to fully understand how to properly develop this message and the different conditions and capabilities we had to keep in mind so the message could be successfully sent and deciphered.” Luis Rivera: ‘It proved to be a space for great professional and personal growth for me. The difficulty behind solving the problems and creating something new that t underscored the need for teamwork in all aspects of science, and helped me grow closer to people I call my friends today.’ Cesar Quinones-Martinez: ‘The Arecibo global Competition consisted of 3 stages to highlight important stages of making the message: interpretation, decoding a received message, and finally writing our New Arecibo Message. The first stage showed how clever message design can contain a lot of information about the subject material. Imagine a pixelated image of a human sent at a certain frequency. How do you figure out the human’s average height? The key is the frequency, which corresponds to a specific wavelength so that by counting the pixels, you can approximately obtain the height. “However, is that all the information you can extract from the image? Knowing the size of the pixels, you can figure out the ratio of the head to the arms, legs, and abdomen, communicating more about humans without added complexity. The second stage gave us a scenario with a received message that we needed to decode. The team regularly pitched different ideas on what aspects of the signal were important to decode, which was useful to the design of the new Arecibo Message in the final stage. The competition was a great exercise in thinking outside the box and looking at different perspectives, showing the nuance of communicating efficiently when the turnaround time can be centuries.’ Lizmarie Mateo Roubert: “The content of the Last Arecibo Message contains information about humanity’s knowledge of mathematics, science, and astronomy. The first two sections include the numbers from 1 to 10 and the arithmetic symbols including the equal sign. We included mathematical and physical constants such as pi, the Euler constant, the speed of light, the Planck constant, and the Stefan-Boltzmann constant. Adding these constants in our message helps us with a variety of assumptions regarding the recipient’s understanding of the universe..” Germán Vázquez: “We also wanted to share astronomical aspects of our galaxy, solar system, and earth-moon system to pinpoint our location in the universe. The image of the Milky Way Galaxy is presented (up to scale) with the distance from the Galactic center to our solar system. “The Arecibo Message, sent in 1974, served as a direct inspiration for the next section of our message, our Solar System. However, we wanted to enhance some aspects to make it more descriptive and accurate. We included our Moon and Saturn’s rings, enhanced the sizes of the gas giants, and excluded Pluto, which is now considered a dwarf planet. “The Earth-Moon system was also implemented in our message, considering the impact our natural satellite has had in shaping humanity, influencing our calendars, producing ocean tides, and understanding celestial mechanics. Lastly, our depiction of a human being, the average height, and the population in 2020 were also included, alluding to the original message.” Kelby Palencia-Torres : “The purpose of the message is to continue the legacy of the Arecibo Observatory and the Original message by Frank Drake. Our message sums up humanity’s curiosity and wanting to explore the universe together.” Kelby Palencia-Torres: “The message we constructed for the Arecibo Message Global Challenge was to commemorate and demonstrate the importance the original had. Currently, our message does not have plans to be transmitted. But it showcases the innate curiosity and feelings we have to see if we are alone. Our message will go to the list of messages built with METI purposes and show the interest in taking the first step in communicating with other intelligence. “One of the assumptions we use in our paper can also back up METI since other civilizations with similar capabilities to our civilization will face the same constraints as SETI. Whoever listens will need resources, energy, and telescope time to look for techno signatures in their sky. Assuming that other civilizations have a greater technological feat than us, it would mean giving access to resources and a really big and sensitive radio telescope to a being from this advanced civilization to search for techno signatures, and it all would be reduced to be lucky enough to be looking at the right moment and time to receive a one time signal that is not continuous such like the original Arecibo message or the wow signal.” Further Reading: arXivNew disability ministers will ‘champion’ inclusion and accessibility – minister
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"Tides x Nest" NEW TAIPEI CITY x TOKYO International Forum on Social Housing: Expanding Horizons in Social Housing Across Borders 12-18-2024 09:12 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Stones_PR The New Taipei City Government and the New Taipei City Housing and Urban Regeneration Center held the "Tides x Nest" NEW TAIPEI CITY x TOKYO International Forum on Social Housing today (4th), bringing together experts from Japan and scholars from Taiwan to engage in in-depth discussions on the operation, management, and sustainable development of social housing. Image: https://www.globalnewslines.com/uploads/2024/12/2814a17d89d5f0c4a9f183dfb9e8c290.jpg New Taipei City and Tokyo exchange insights at the International Forum on Social Housing, with over 100 attendees participating. The forum began with presentations by representatives from the Tokyo Metropolitan Housing Supply Corporation (JKK Tokyo) and the Urban Renaissance Agency (UR Agency), who shared Japan's achievements in social housing and strategies for addressing the challenges of the declining birthrate and aging population. JKK Tokyo focused on the refined management of social housing, while the UR Agency highlighted its integration of healthcare and welfare resources. On behalf of New Taipei City, Chiang I-Ying, Section Chief of the Housing Development Division under the Urban and Rural Development Bureau, and Lin Shih-Sen, Manager of the Asset Management Department of the New Taipei City Housing and Urban Regeneration Center, provided detailed insights into the city's social housing policies and practical experiences. Image: https://www.globalnewslines.com/uploads/2024/12/a54de5cb7397f9344ec21fdaa0865c98.jpg New Taipei hosts an international forum, joining hands with Tokyo to promote diverse development in social housing. The forum emphasized sustainable development and the implementation of diverse housing models. Discussions covered topics such as operation management, long-term maintenance planning, and daily management challenges. Japanese experts shared their experiences in resource allocation, maintenance, community activity organization, and addressing the aging society, laying a solid foundation for the future development of New Taipei City's social housing. Image: https://www.globalnewslines.com/uploads/2024/12/5b92d3283260af9d5dbed126554d8264.jpg New Taipei holds the "Tides x Nest" NEW TAIPEI CITY x TOKYO International Forum on Social Housing. New Taipei City Deputy Mayor Chen Chun-Ching expressed the city government's strong commitment to enhancing the quality of life and housing for its residents. He noted that the forum offered a valuable opportunity for New Taipei City to learn from Japan's successful management and sustainability practices, broadening its perspective and inspiring innovative approaches to social housing. Through cross-border dialogue and expert exchanges, the forum aims to explore new possibilities for diverse management models, strengthening New Taipei City's capabilities in promoting, managing, and innovating social housing, ultimately creating a more livable environment for its residents. In addition to drawing inspiration from international experiences, the forum also included a comprehensive panel discussion featuring Chien Yi-Kang, CEO of the New Taipei City Housing and Urban Regeneration Center; Japanese experts; Chiu Hsin-Chih, Deputy Director of the Urban and Rural Development Bureau; Chang Chih-Yuan, Chairman of the Taiwan Society of Architecture and Medicine; and Du Kung-Jen, Professor of Architecture at National Taiwan University of Science and Technology. These distinguished speakers provided insights from industry, government, and academia, delving into critical issues related to the promotion and management of social housing. The forum aimed to build on existing foundations, develop more comprehensive, diverse, and user-friendly service systems, and open a new chapter in the development of social housing. Media Contact Company Name: Urban And Rural Development Department, New Taipei City Government Contact Person: Chiang I-Ying Email: Send Email [ http://www.universalpressrelease.com/?pr=tides-x-nest-new-taipei-city-x-tokyo-international-forum-on-social-housing-expanding-horizons-in-social-housing-across-borders ] Country: Taiwan Website: https://www.planning.ntpc.gov.tw This release was published on openPR.Is Enron back? If it's a joke, some former employees aren't laughing HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. Juan A. Lozano, The Associated Press Dec 3, 2024 1:28 PM Dec 3, 2024 1:35 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FILE - An unidentified person leaves Enron Corp. headquarters in Houston at the end of the day Jan. 22, 2002. (AP Photo/Pat Sullivan, File) HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. What happened at Enron? Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Key Lay’s convictions were vacated after he died of heart disease following his 2006 trial. Is Enron coming back? On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron's new website features a company store, where various items featuring the brand's tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. What do former Enron employees think of the company’s return? Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. ___ Follow Juan A. Lozano on X at https://x.com/juanlozano70 Juan A. Lozano, The Associated Press See a typo/mistake? Have a story/tip? 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NEW YORK , Dec. 18, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, James Carlyle West is acknowledged as a Pinnacle Professional Member Inner Circle of Excellence for his contributions to Leading Advocate for Clean Energy and Sustainability. James Carlyle West , a prominent figure in the clean energy sector, continues to drive innovation and growth in sustainable technologies. As the Senior Managing Director at Evercore, Mr. West plays a pivotal role in leading coverage analysis for oil field services and sustainable technologies, as well as heading energy equity research. A graduate of the University of North Carolina at Chapel Hill with a Bachelor's degree in Economics and a minor in History, Mr. West has dedicated 24 years to the industry. His expertise in equity and investment research has earned him recognition and named to the Institutional Investor All-America Research Team Hall of Fame in 2023. Beyond his professional achievements, Mr. West is a passionate advocate for sustainability and clean energy. He actively contributes to the industry's growth and development by serving on the advisory board of the Boston University Institute for Global Sustainability. Additionally, he engages in charity work at Grace Church in Manhattan , demonstrating his commitment to making a positive impact on society. In his leisure time, Mr. West enjoys spending quality time with his family and attending theater performances, fostering a well-rounded lifestyle. Looking ahead, Mr. West envisions continued growth and success in the clean energy sector. He is eager to explore opportunities in corporate roles at investment banks or in government, furthering his mission to drive positive change and innovation in sustainable technologies. Contact: Katherine Green , 516-825-5634, editorialteam@continentalwhoswho.com View original content: https://www.prnewswire.com/news-releases/the-inner-circle-acknowledges-james-carlyle-west-as-a-pinnacle-professional-member-302335243.html SOURCE The Inner Circle © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased or otherwise acquired Customers Bancorp, Inc. ("Customers Bancorp" or the "Company") CUBI securities between March 1, 2024 and August 8, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under the federal securities laws. The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Customers Bancorp had inadequate anti-money laundering practices; and (2) as a result, Customers Bancorp was not in compliance with its legal obligations, which subjected Customers Bancorp to heightened regulatory risk. The Complaint further alleges that on April 12, 2024, Customers Bancorp announced that CFO, defendant Carla A. Leibold, had been fired for "cause" for violating Customers Bancorp policy. On this news, the price of Customers Bancorp stock fell nearly 5%. Customers Bancorp subsequently disclosed that Ms. Leibold's termination was a "separation by mutual agreement." Then, on August 8, 2024, during market hours, the Federal Reserve issued a press release entitled "Federal Reserve Board issues enforcement action with Customers Bancorp, Inc. and Customers Bank," which attached a written agreement between Customers Bancorp and the Federal Reserve Bank of Philadelphia stating that the Federal Reserve "identified significant deficiencies related to the Bank's risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering (‘AML'), including the Bank Secrecy Act." On this news, the price of Customers Bancorp stock fell more than 15%. Finally, the Complaint alleges that on August 8, 2024, after market hours, Customers Bancorp disclosed a consent order by the Commonwealth of Pennsylvania, Department of Banking and Securities, Bureau of Bank Supervision, relating "principally to aspects of compliance risk management, including risk management practices governing digital asset-related services; oversight by the Board of Directors of Customers Bancorp and the Bank; compliance with anti-money laundering regulations under the Bank Secrecy Act; and compliance with the regulations of the Office of Foreign Assets Control," and further stating that "these deficiencies give the Bureau reason to believe that the Bank had engaged in unsafe or unsound banking practices relating to BSA/AML Requirements." On this news, the price of Customers Bancorp stock fell further. Investors who purchased or otherwise acquired shares of Customers Bancorp should contact the Firm prior to the January 31, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com . Please visit our website at http://www.gme-law.com for more information about the firm. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction
COMMERCE, Texas (AP) — Scooter Williams Jr. had 19 points in East Texas A&M's 68-67 victory over Abilene Christian on Wednesday. Williams added six rebounds and three steals for the Lions (2-10). Khaliq Abdul-Mateen added 17 points while going 3 of 8 and 11 of 12 from the free-throw line while he also had five assists and three steals. The Lions snapped a seven-game slide. Quion Williams led the Wildcats (7-5) in scoring, finishing with 17 points and seven assists. Leonardo Bettiol added 16 points and seven rebounds for Abilene Christian. Hunter Jack Madden had 13 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Work and pensions minister Sir Stephen Timms said the move aims to drive “real improvements” for disabled people, whom the ministers will be encouraged to engage with on a regular basis. He told the Commons: “I am very pleased to be able to announce today the appointment of new lead ministers for disability in each Government department, they will represent the interests of disabled people, champion disability inclusion and accessibility within their departments. “I’m going to chair regular meetings with them and will encourage them to engage directly with disabled people and their representative organisations, as they take forward their departmental priorities. “And I look forward to this new group of lead ministers for disability together driving real improvements across Government for disabled people.” This came during an adjournment debate on International Day of Persons with Disabilities, where Liberal Democrat MP Steve Darling raised concerns about “floating bus stops”, which have a cycle lane between the stop and the pavement. Intervening, the MP for Torbay, who is registered blind, said: “The Government needs to ban floating bus stops.” Sir Stephen said: “I do think this issue about floating bus stops is an important issue which we need to work across Government to reflect on.” Labour MP Debbie Abrahams, who led the debate, had earlier criticised the lack of accessibility for disabled people on trains. The Oldham East and Saddleworth MP said: “Our train network does not have level access, and we heard Dame Tanni Grey-Thompson from the other place make this plea back in the summer, absolutely outrageous what she was put through. “But I was absolutely shocked to find, when I had a presentation of the TransPennine route upgrade, that the rolling stock yet to be commissioned is not going to provide that level access. “It’s absolute nonsense, it’s not even in the design of that procurement, so we must do better than this.”
Lea Miller-Tooley hopped off a call to welcome the Baylor women’s basketball team to the Atlantis resort in the Bahamas, where 80-degree temperatures made it easy for the Bears to settle in on Paradise Island a week before Thanksgiving. About 5,000 miles west of the Caribbean nation, similar climes awaited Maui Invitational men's teams in Hawaii. They’ve often been greeted with leis, the traditional Hawaiian welcome of friendship. College basketball teams and fans look forward to this time of the year. The holiday week tournaments feature buzzworthy matchups and all-day TV coverage, sure, but there is a familiarity about them as they help ward off the November chill. For four decades, these sandy-beach getaways filled with basketball have become a beloved mainstay of the sport itself. “When you see (ESPN’s) ‘Feast Week’ of college basketball on TV, when you see the Battle 4 Atlantis on TV, you know college basketball is back,” said Miller-Tooley, the founder and organizer of the Battle 4 Atlantis men's and women's tournaments. “Because it’s a saturated time of the year with the NFL, college football and the NBA. But when you see these gorgeous events in these beautiful places, you realize, ‘Wow, hoops are back, let’s get excited.’” The Great Alaska Shootout was the trend-setting multiple-team event (MTE) nearly five decades ago. The brainchild of late Alaska-Anchorage coach Bob Rachal sought to raise his program’s profile by bringing in national-power programs, which could take advantage of NCAA rules allowing them to exceed the maximum allotment of regular-season games if they played the three-game tournament outside the contiguous 48 states. The first edition, named the Sea Wolf Classic, saw N.C. State beat Louisville 72-66 for the title on Nov. 26, 1978. The Maui Invitational followed in November 1984, borne from the buzz of NAIA program Chaminade’s shocking upset of top-ranked Virginia and 7-foot-4 star Ralph Sampson in Hawaii two years earlier. Events kept coming, with warm-weather locales getting in on the action. The Paradise Jam in the U.S. Virgin Islands. The Cancun Challenge in Mexico. The Cayman Islands Classic. The Jamaica Classic. The Myrtle Beach Invitational joining the Charleston Classic in South Carolina. Numerous tournaments in Florida. Some events have faded away like the Puerto Rico Tipoff and the Great Alaska Shootout, the latter in 2017 amid event competition and schools opting for warm-weather locales. Notre Dame takes on Chaminade during the first half of a 2017 game in Lahaina, Hawaii. Marco Garcia, AP File Miller-Tooley’s push to build an MTE for Atlantis began as a December 2010 doubleheader with Georgia Tech beating Richmond and Virginia Tech beating Mississippi State in a prove-it moment for a tournament’s viability. It also required changing NCAA legislation to permit MTEs in the Bahamas. Approval came in March 2011; the first eight-team Atlantis men’s tournament followed in November. That tournament quickly earned marquee status with big-name fields, with Atlantis champions Villanova (2017) and Virginia (2018) later winning that season’s NCAA title. Games run in a ballroom-turned-arena at the resort, where players also check out massive swimming pools, water slides and inner-tube rapids surrounded by palm trees and the Atlantic Ocean. “It’s just the value of getting your passport stamped, that will never get old,” Miller-Tooley said. “Watching some of these kids, this may be their first and last time – and staff and families – that they ever travel outside the United States. ... You can see through these kids’ eyes that it’s really an unbelievable experience.” ACC Network analyst Luke Hancock knows that firsthand. His Louisville team finished second at Atlantis in 2012 and won that year’s later-vacated NCAA title, with Hancock as the Final Four's most outstanding player. “I remember (then-coach Rick Pitino) saying something to the effect of: ‘Some of you guys might never get this opportunity again. We’re staying in this unbelievable place, you’re doing it with people you love,’” Hancock said. “It was a business trip for us there at Thanksgiving, but he definitely had a tone of ‘We’ve got to enjoy this as well.’” Maui offers similar vibes, though 2024 could be a little different as Lahaina recovers from deadly 2023 wildfires that forced the event's relocation last year. North Carolina assistant coach Sean May played for the Tar Heels’ Maui winner in 2004 and was part of UNC’s staff for the 2016 champion, with both teams later winning the NCAA title. May said “you just feel the peacefulness” of the area — even while focusing on games — and savors memories of the team taking a boat out on the Pacific Ocean after title runs under now-retired Hall of Famer Roy Williams. “Teams like us, Dukes, UConns – you want to go to places that are very well-run,” May said. “Maui, Lea Miller with her group at the Battle 4 Atlantis, that’s what drives teams to come back because you know you’re going to get standard A-quality of not only the preparation but the tournament with the way it’s run. Everything is top-notch. And I think that brings guys back year after year.” That’s why Colorado coach Tad Boyle is so excited for the Buffaloes’ first Maui appearance since 2009. “We’ve been trying to get in the tournament since I got here,” said Boyle, now in his 15th season. And of course, that warm-weather setting sure doesn’t hurt. “If you talk about the Marquettes of the world, St. John’s, Providence – they don’t want that cold weather,” said NBA and college TV analyst Terrence Oglesby, who played for Clemson in the 2007 San Juan Invitational in Puerto Rico. “They’re going to have to deal with that all January and February. You might as well get a taste of what the sun feels like.” Michigan State head coach Tom Izzo argues a call during the first half of a Nov. 16 game against Bowling Green in East Lansing, Michigan. Mi zzo is making his fourth trip to Maui. Carlos Osorio, Associated Press The men’s Baha Mar Championship in Nassau, Bahamas, got things rolling last week with No. 11 Tennessee routing No. 13 Baylor for the title. The week ahead could boast matchups befitting the Final Four, with teams having two weeks of action since any opening-night hiccups. “It’s a special kickoff to the college basketball season,” Oglesby said. “It’s just without the rust.” On the women’s side, Atlantis began its fourth eight-team women’s tournament Saturday with No. 16 North Carolina and No. 18 Baylor, while the nearby Baha Mar resort follows with two four-team women’s brackets that include No. 2 UConn, No. 7 LSU, No. 17 Mississippi and No. 20 N.C. State. Then come the men’s headliners. The Maui Invitational turns 40 as it opens Monday back in Lahaina. It features second-ranked and two-time reigning national champion UConn, No. 4 Auburn, No. 5 Iowa State and No. 10 North Carolina. The Battle 4 Atlantis opens its 13th men’s tournament Wednesday, topped by No. 3 Gonzaga, No. 16 Indiana and No. 17 Arizona. Michigan State Hall of Famer Tom Izzo is making his fourth trip to Maui, where he debuted as Jud Heathcote’s successor at the 1995 tournament. Izzo's Spartans have twice competed at Atlantis, last in 2021. “They’re important because they give you something in November or December that is exciting,” Izzo said. Any drawbacks? “It’s a 10-hour flight,” he said of Hawaii. Mike Tyson, left, slaps Jake Paul during a weigh-in ahead of their heavyweight bout, Thursday, Nov. 14, 2024, in Irving, Texas. (AP Photo/Julio Cortez) Julio Cortez In this image taken with a slow shutter speed, Spain's tennis player Rafael Nadal serves during a training session at the Martin Carpena Sports Hall, in Malaga, southern Spain, on Friday, Nov. 15, 2024. (AP Photo/Manu Fernandez) Manu Fernandez A fan takes a picture of the moon prior to a qualifying soccer match for the FIFA World Cup 2026 between Uruguay and Colombia in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Santiago Mazzarovich) Santiago Mazzarovich Rasmus Højgaard of Denmark reacts after missing a shot on the 18th hole in the final round of World Tour Golf Championship in Dubai, United Arab Emirates, Sunday, Nov. 17, 2024. (AP Photo/Altaf Qadri) Altaf Qadri Dallas Cowboys wide receiver Jalen Tolbert (1) fails to pull in a pass against Atlanta Falcons cornerback Dee Alford (20) during the second half of an NFL football game, Sunday, Nov. 3, 2024, in Atlanta. (AP Photo/ Brynn Anderson) Brynn Anderson Green Bay Packers quarterback Jordan Love, top right, scores a touchdown during the second half of an NFL football game against the Chicago Bears in Chicago, Sunday, Nov. 17, 2024. (AP Photo/Nam Y. Huh) Nam Y. Huh India's Tilak Varma jumps in the air as he celebrates after scoring a century during the third T20 International cricket match between South Africa and India, at Centurion Park in Centurion, South Africa, Wednesday, Nov. 13, 2024. (AP Photo/Themba Hadebe) Themba Hadebe Columbus Blue Jackets defenseman Zach Werenski warms up before facing the Seattle Kraken in an NHL hockey game Tuesday, Nov. 12, 2024, in Seattle. (AP Photo/Lindsey Wasson) Lindsey Wasson Kansas State players run onto the field before an NCAA college football game against Arizona State Saturday, Nov. 16, 2024, in Manhattan, Kan. (AP Photo/Charlie Riedel) Charlie Riedel A fan rapped in an Uruguay flag arrives to the stands for a qualifying soccer match against Colombia for the FIFA World Cup 2026 in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Matilde Campodonico) Matilde Campodonico People practice folding a giant United States flag before an NFL football game between the Buffalo Bills and the Kansas City Chiefs, Sunday, Nov. 17, 2024, in Orchard Park, N.Y. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Brazil's Marquinhos attempts to stop the sprinklers that were turned on during a FIFA World Cup 2026 qualifying soccer match against Venezuela at Monumental stadium in Maturin, Venezuela, Thursday, Nov. 14, 2024. (AP Photo/Ariana Cubillos) Ariana Cubillos Georgia's Georges Mikautadze celebrates after scoring his side's first goal during the UEFA Nations League, group B1 soccer match between Georgia and Ukraine at the AdjaraBet Arena in Batumi, Georgia, Saturday, Nov. 16, 2024. (AP Photo/Tamuna Kulumbegashvili) Tamuna Kulumbegashvili Dallas Stars center Mavrik Bourque, right, attempts to score while Minnesota Wild right wing Ryan Hartman (38) and Wild goaltender Filip Gustavsson (32) keep the puck out of the net during the second period of an NHL hockey game, Saturday, Nov. 16, 2024, in St. Paul, Minn. (AP Photo/Ellen Schmidt) Ellen Schmidt Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Julio Cortez Cincinnati Bengals tight end Mike Gesicki (88) celebrates after scoring a touchdown against the Las Vegas Raiders during the second half of an NFL football game in Cincinnati, Sunday, Nov. 3, 2024. (AP Photo/Carolyn Kaster) Carolyn Kaster President-elect Donald Trump attends UFC 309 at Madison Square Garden, Saturday, Nov. 16, 2024, in New York. (AP Photo/Evan Vucci) Evan Vucci Fans argue in stands during the UEFA Nations League soccer match between France and Israel at the Stade de France stadium in Saint-Denis, outside Paris, Thursday Nov. 14, 2024. (AP Photo/Thibault Camus) Thibault Camus Slovakia's Rebecca Sramkova hits a return against Danielle Collins, of the United States, during a tennis match at the Billie Jean King Cup Finals at the Martin Carpena Sports Hall, Thursday, Nov. 14, 2024, in Malaga, southern Spain. (AP Photo/Manu Fernandez) Manu Fernandez St. John's guard RJ Luis Jr. (12) falls after driving to the basket during the second half of an NCAA college basketball game against New Mexico, Sunday, Nov. 17, 2024, in New York. (AP Photo/Pamela Smith) Pamela Smith England's Anthony Gordon celebrates after scoring his side's second goal during the UEFA Nations League soccer match between England and the Republic of Ireland at Wembley stadium in London, Sunday, Nov. 17, 2024. (AP Photo/Kin Cheung) Kin Cheung Katie Taylor, left, lands a right to Amanda Serrano during their undisputed super lightweight title bout, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Julio Cortez Las Vegas Raiders wide receiver DJ Turner, right, tackles Miami Dolphins wide receiver Malik Washington, left, on a punt return during the second half of an NFL football game, Sunday, Nov. 17, 2024, in Miami Gardens, Fla. (AP Photo/Lynne Sladky) Lynne Sladky UConn's Paige Bueckers (5) battles North Carolina's Laila Hull, right, for a loose ball during the second half of an NCAA college basketball game in Greensboro, N.C., Friday, Nov. 15, 2024. (AP Photo/Ben McKeown) Ben McKeown Taylor Fritz of the United States reacts during the final match of the ATP World Tour Finals against Italy's Jannik Sinner at the Inalpi Arena, in Turin, Italy, Sunday, Nov. 17, 2024. (AP Photo/Antonio Calanni) Antonio Calanni Italy goalkeeper Guglielmo Vicario misses the third goal during the Nations League soccer match between Italy and France, at the San Siro stadium in Milan, Italy, Sunday, Nov. 17, 2024. (AP Photo/Luca Bruno) Luca BrunoElectrical Appliances Market Forecast: USD 2.34 Trillion by 2034, Driven by 7.1% Annual Growth | TMR