
DORAL, Fla.--(BUSINESS WIRE)--Dec 23, 2024-- NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it has entered into a definitive merger agreement pursuant to which the Company will be acquired by an affiliate of New Enterprise Associates (“NEA”) at an enterprise value of approximately $1.3 billion. Upon completion of the transaction, NeueHealth will become a privately held company with the flexibility and resources to continue advancing its value-driven, consumer-centric care model. Under the terms of the merger agreement, holders of NeueHealth common stock (other than shares that will be rolled over and certain excluded shares) will receive $7.33 per share in cash, which represents a premium of approximately 70% over the closing price of NeueHealth common stock on December 23, 2024. Certain stockholders of NeueHeath, including NEA and 12 existing NeueHealth investors (which collectively hold all of the outstanding shares of NeueHealth preferred stock), have entered into rollover agreements pursuant to which such stockholders will continue their investments by exchanging their shares of NeueHealth common stock and/or preferred stock for newly issued equity interests in the privately held company, and the Company’s existing secured loan facility with Hercules Capital, Inc. will remain in place. NeueHealth’s executive leadership team will continue in their roles upon completion of the transaction and intends to roll over 100% of their equity interests for newly issued equity interests in the privately held company. “We are pleased to announce this transaction as we believe it places NeueHealth in a strong position for continued growth while maximizing value for all of NeueHealth’s public stockholders,” said Mike Mikan, President and CEO of NeueHealth. “NEA has been a longstanding strategic partner, and we look forward to continuing to work together to build on NeueHealth’s success as a leader in value-based care.” “We believe NeueHealth has built a differentiated model of care that is uniquely positioned to drive value for consumers, providers, and payors and we have confidence in the NeueHealth team and their ability to continue to lead the Company,” said Mohamad Makhzoumi, Co-CEO of NEA. “We have had a strong partnership with NeueHealth since 2016 and share the Company’s commitment to making high-quality healthcare accessible and affordable for all Americans.” Transaction Details A special committee (the “Special Committee”) of the board of directors of NeueHealth (the “Board”), composed entirely of independent and disinterested directors and advised by its own independent legal and financial advisors, unanimously recommended that the Board approve the transaction and determined it was in the best interests of the Company and its stockholders that are not affiliated with NEA. Acting upon the recommendation of the Special Committee, the Board subsequently unanimously approved the transaction and determined to recommend that NeueHealth stockholders vote to approve and adopt the merger agreement. Certain NeueHealth stockholders have agreed to vote all of their shares of NeueHealth common stock and/or preferred stock to approve and adopt the merger agreement, subject to certain conditions. The merger is subject to approval by NeueHealth’s stockholders and other customary closing conditions, including receipt of certain regulatory approvals. NEA intends to finance the transaction with fully committed equity financing, and the transaction is not subject to any financing condition. Upon completion of the transaction, NeueHealth’s common stock will no longer be publicly traded or listed on any public market. The merger agreement includes a 30-day “go-shop” period that will expire at 12:01 AM New York City time on January 23, 2025, which permits the Special Committee and its financial advisors to solicit and consider alternative acquisition proposals. There can be no assurance that this process will result in a superior proposal, and NeueHealth does not intend to disclose developments with respect to the “go-shop” process unless and until it determines such disclosure is appropriate or is otherwise required. Lincoln International, LLC is acting as financial advisor, and Richards, Layton & Finger, P.A. is acting as legal counsel, to the Special Committee. Simpson Thacher & Bartlett LLP is acting as legal counsel to NeueHealth. Latham and Watkins LLP is acting as legal counsel to NEA, with Sidley Austin LLP acting as insurance regulatory counsel to NEA. More information regarding the key terms will be included in a current report on Form 8-K to be filed by NeueHealth with the Securities and Exchange Commission (the “SEC”). Important Information and Where to Find It In connection with the transaction, the Company will file with the SEC a proxy statement on Schedule 14A (the “Proxy Statement”), the definitive version of which will be sent or provided to Company stockholders. The Company, affiliates of the Company and affiliates of NEA intend to jointly file a transaction statement on Schedule 13E-3 (the "Schedule 13E-3") with the SEC. The Company may also file other documents with the SEC regarding the transaction. This release is not a substitute for the Proxy Statement, the Schedule 13E-3 or any other document which the Company may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT, THE SCHEDULE 13E-3 AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE COMPANY OR THE TRANSACTION BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the Proxy Statement, the Schedule 13E-3 and other documents that are filed or will be filed with the SEC by the Company, when such documents become available, through the website maintained by the SEC at www.sec.gov or through the Company's website at https://investors.neuehealth.com/home/default.aspx . The transaction will be implemented solely pursuant to the Agreement and Plan of Merger, dated as of December 23, 2024 (the “merger agreement”), among the Company, NH Holdings 2025, Inc. and NH Holdings Acquisition 2025, Inc., which contains the full terms and conditions of the transaction. Participants in the Solicitation The Company and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from stockholders of the Company in connection with the proposed transaction. Information regarding the Company’s directors and executive officers is available in the definitive proxy statement for the 2024 annual meeting of stockholders of the Company, which was filed by the Company with the SEC on April 1, 2024 (the “Annual Meeting Proxy Statement”), and will be available in the Proxy Statement. Please refer to the sections captioned “Executive Compensation,” “Director Compensation,” and “Security Ownership of Certain Beneficial Owners and Management” in the Annual Meeting Proxy Statement. Holdings of the Company’s securities by certain of the Company’s employees, and any changes in the holdings of the Company’s securities by the Company’s directors or executive officers from the amounts described in the Annual Meeting Proxy Statement, have been reflected in the following Statements of Change in Ownership on Form 4 filed with the SEC: Form 4, filed by George Lawrence Mikan III on May 6, 2024; Form 4, filed by Jay Matushak on May 6, 2024; Form 4, filed Tomas Orozco on May 6, 2024; Form 4, filed by Jeffery Michael Craig on May 6, 2024; Form 4, filed by Jeffrey J. Scherman on May 6, 2024; Form 4, filed by Jay Matushak on May 13, 2024; Form 4, filed by Jeffrey J. Scherman on May 13, 2024; Form 4, filed by Kedrick D. Adkins, Jr. on May 14, 2024; Form 4, filed by Andrew M. Slavitt on May 14, 2024; Form 4, filed by Linda Gooden on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on May 14, 2024; Form 4, filed by Robert J. Sheehy on May 14, 2024; Form 4, filed by Matthew G. Manders on May 14, 2024; Form 4, filed by Stephen Kraus on May 14, 2024; Form 4, filed by Manuel Kadre on May 14, 2024; Form 4, filed by Jeffrey R. Immelt on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on October 3, 2024; Form 4, filed by Jay Matushak on October 8, 2024; Form 4, filed by George Lawrence Mikan III on December 18, 2024. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and other relevant materials to be filed with the SEC in connection with the proposed transaction when they become available. Free copies of the Proxy Statement and such other materials may be obtained as described in the preceding paragraph. About NeueHealth NeueHealth is a value-driven healthcare company grounded in the belief that all health consumers are entitled to high-quality, coordinated care. By uniquely aligning the interests of health consumers, providers, and payors, NeueHealth helps to make healthcare accessible and affordable to all populations across the ACA Marketplace, Medicare, and Medicaid. NeueHealth delivers high-quality clinical care to over 500,000 health consumers through owned clinics and unique partnerships with over 3,000 affiliated providers. We also enable independent providers and medical groups to thrive in performance-based arrangements through a suite of technology and services scaled centrally and deployed locally. We believe our value-driven, consumer-centric care model can transform the healthcare experience and maximize value across the healthcare system. For more information, visit: www.neuehealth.com . About NEA New Enterprise Associates (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has more than $25 billion in assets under management as of June 30, 2024 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of investing includes more than 280 portfolio company IPOs and more than 465 mergers and acquisitions. For more information, please visit www.nea.com . Forward-Looking Statements This release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements made in this release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, and statements as to the expected timing, completion and effects of the transaction. These statements often include words such as “anticipate,” “expect,” “plan,” “believe,” “intend,” “project,” “forecast,” “estimates,” “projections,” “outlook,” “ensure,” and other similar expressions. These forward-looking statements include any statements regarding our plans, expectations and financial guidance. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Factors that might materially affect such forward-looking statements include: the failure to complete the transaction on the anticipated terms and within the anticipated timeframe, including as a result of failure to obtain required stockholder or regulatory approvals or to satisfy other closing conditions; potential litigation relating to the transaction that could be instituted against NEA, the Company or their respective affiliates, directors, managers, officers or employees, and the effects of any outcomes related thereto; potential adverse reactions or changes to our business relationships or operating results resulting from the announcement, pendency or completion of the transaction; the risk that our stock price may decline significantly if the transaction is not consummated; certain restrictions during the pendency of the transaction that may impact our ability to pursue certain business opportunities or strategic transactions; costs associated with the transaction, which may be significant; the occurrence of events, changes or other circumstances that could give rise to the termination of the merger agreement, including in circumstances requiring us to pay a termination fee; our ability to continue as a going concern; our ability to comply with the terms of our credit facilities or any credit facility into which we enter in the future; our ability to receive the remaining proceeds from the sale of our Medicare Advantage business in California in a timely manner; our ability to obtain any short or long term debt or equity financing needed to operate our business; our ability to quickly and efficiently complete the wind down of our remaining Individual and Family Plan (“IFP”) and MA businesses, including by satisfying liabilities of those businesses when due and payable; potential disruptions to our business due to the transaction or due to corporate restructuring and any resulting headcount reduction; our ability to accurately estimate and effectively manage the costs relating to changes in our business offerings and models; a delay or inability to withdraw regulated capital from our subsidiaries; a lack of acceptance or slow adoption of our business model; our ability to retain existing consumers and expand consumer enrollment; our and our care partner’s abilities to obtain and accurately assess, code, and report risk adjustment factor scores; our ability to contract with care providers and arrange for the provision of quality care; our ability to obtain claims information timely and accurately; the impact of any pandemic or epidemic on our business and results of operations; the risks associated with our reliance on third-party providers to operate our business; the impact of modifications or changes to the U.S. health insurance markets; our ability to manage any growth of our business; our ability to operate, update or implement our technology platform and other information technology systems; our ability to retain key executives; our ability to successfully pursue acquisitions, integrate acquired businesses, and quickly and efficiently divest businesses as needed; the occurrence of severe weather events, catastrophic health events, natural or man-made disasters, and social and political conditions or civil unrest; our ability to prevent and contain data security incidents and the impact of data security incidents on our members, patients, employees and financial results; our ability to comply with requirements to maintain effective internal controls; our ability to adapt to mitigate risks associated with our ACO businesses, including any unanticipated market or regulatory developments; and the other factors set forth under the heading “Risk Factors” in the Company’s reports on Form 10-K, Form 10-Q, and Form 8-K (including all amendments to those reports) and our other filings with the SEC. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or changes in our expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223595862/en/ CONTACT: Investor Contact: IR@neuehealth.comMedia Contact: media@neuehealth.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PRACTICE MANAGEMENT PROFESSIONAL SERVICES MANAGED CARE HEALTH GENERAL HEALTH HEALTH TECHNOLOGY HEALTH INSURANCE HOSPITALS INSURANCE TELEMEDICINE/VIRTUAL MEDICINE FINANCE SOURCE: NeueHealth Copyright Business Wire 2024. PUB: 12/23/2024 05:53 PM/DISC: 12/23/2024 05:53 PM http://www.businesswire.com/news/home/20241223595862/en
Penn State seeks to stay perfect, takes on Fordham
Manchester United players abandoned plans to wear a jacket in support of the LGBTQ+ community after Noussair Mazraoui refused to join the initiative, The Sun reports. United were due to don an Adidas jacket before Monday’s (AEDT) Premier League clash with Everton at Old Trafford, where Ruben Amorim’s side picked up a 4-0 win. Man Utd have worn a pride-themed jersey to warm up ahead of games and a jacket of a similar design when walking out for a match the last two seasons during the Rainbow Laces period. That is when Premier League teams are asked to support the LGBTQ+ community. According to The Athletic, however, the Red Devils decided not to wear the walkout jacket because Mazraoui, 27, told his teammates he was not prepared to wear it due to his Muslim faith. The team decided that no players would wear it so that the fullback would not be the only one seen publicly refusing to put it on. The squad’s decision was taken just hours before the game against Everton. The same source claims not everyone in the dressing room was happy with the decision. It has also been reported that Adidas is disappointed by the development after United’s players previously supported the initiative before matches in previous years. Nevertheless, captain Bruno Fernandes wore the rainbow armband, reflecting the club’s support for the Rainbow Laces campaign. Several men’s and women’s first team players, such as Fernandes, Harry Maguire and Jonny Evans, also took part in video content expressing support for the campaign. The United skipper described wearing his rainbow-coloured armband as “a sign of respect” that makes LGBTQ+ fans “feel supported” by the players. Man Utd issued the following statement: “Manchester United welcomes fans from all backgrounds, including members of the LGBTQ+ community, and we are strongly committed to the principles of diversity and inclusion. “We demonstrate these principles through a range of activities, including support for our Rainbow Devils supporters’ club, and campaigns to celebrate our LGBTQ+ fans and combat all forms of discrimination. “Players are entitled to hold their own individual opinions, particularly in relation to their faith, and these may sometimes differ from the club’s position.” The Rainbow Devils, United’s LGBTQ+ Supporters Club, issued a statement in response to Mazraoui’s stance. It read: “As part of this year’s Rainbow Laces campaign, Rainbow Devils worked closely with - and had great support from - Manchester United and the Fan Engagement team. “This has included working with the Manchester United Foundation to spread the message of inclusivity with local schools, to a Q&A with two Men’s first team players, to supportive messages from many Men and Women first team players (including an individual one from captain Bruno Fernandes). “Even a pitchside event at Old Trafford on Sunday ahead of the Everton game. On this latter occasion, which was United’s official Rainbow Laces game, the players were due to wear specially designed jackets pre-match to mark the occasion. “Shortly before the game, Rainbow Devils was informed that these jackets would not be worn. The reason being that one of the matchday squad had refused to wear the jacket on the grounds of their personally held beliefs. “Therefore, to maintain the team ethos and togetherness, none of the players would be wearing them. “This was obviously a great disappointment to Rainbow Devils, but also to all those who had worked hard at the club to deliver this event. “We are aware of who the player concerned is, but we feel it isn’t our role to single him out, and risk spoiling all the other positive things that the majority of those at the club have done. “We respect the right of this player to have his own views, while also feeling disappointed that he put the rest of the squad into a position where they felt that they couldn’t wear their jackets. “We also worry what kind of negative effect this incident might have on any player at the club who may be struggling with their sexuality. “Rainbow Devils will continue to work with Manchester United to support inclusivity, through the One Love initiative and others, as we all continue our work to ensure all LGBTQ+ people feel safe and welcome at Old Trafford, both on and off the pitch. Ipswich Town captain Sam Morsy, who is also a practising Muslim, refused to wear a rainbow armband for religious reasons in his club’s two Rainbow Laces fixtures as well. And Crystal Palace star Marc Guehi was reminded by the Football Association of the rules on playing equipment after writing a religious message on his. Guehi, 24, who is a devout Christian, was warned by the FA not to repeat his actions after writing “I love Jesus” on his armband for Saturday’s 1-1 draw with Newcastle. And on Tuesday, the Palace skipper ignored the warning as he wrote “Jesus loves you” on his armband during the 1-0 victory at Ipswich. However, it has emerged that the FA do not plan any formal disciplinary action against the centre-back despite the breach of Rule A4. Instead, Wembley beaks have reminded the Eagles of the kit regulations that are in place. - This article first appeared in The Sun and was republished with permissionSam Darnold leads game-winning drive in OT and Vikings beat Bears 30-27 after blowing late lead
AUSTIN, Texas – Any Texas or Texas A&M player has heard the lore of the rivalry between the two schools, a grudge match that dates to 1894. But for more than a decade — two generations of college football players — that's all it has been: Ghostly memories of great games and great plays made by heroes of the distant past. Recommended Videos That changes this week when one of college football's great rivalries is reborn. Third-ranked Texas (10-1, 6-1) and No. 20 Texas A&M (8-3, 5-2) meet Saturday night for the first time since 2011, with a berth in the Southeastern Conference championship game on the line . “Guys that have been in my position and bleed burnt orange, they have not gotten to play this game,” said Texas fourth-year junior safety Michael Taaffe, who grew up in Austin. “Remember them when you step on Kyle Field.” For Aggies fans, who have carried the misery of Texas' 27-25 win in 2011, getting the Longhorns back in front of a frenzied crowd in College Station is a chance for some serious payback. “I was born and raised an Aggie, so I’ve been dreaming about playing in this game my whole life,” Texas A&M offensive lineman Trey Zuhn III said. Zuhn played high school football in Colorado, but his parents and grandparents attended A&M. At SEC media days back in August, Zuhn said his family would turn Texas gear upside down in stores. He keeps a picture of a longhorn in his room, hanging upside down, of course. “It should be the most amazing atmosphere that I’ve ever experienced,” Zuhn said. "I can’t wait for that, and I feel bad for Texas having to play in that." Texas players said they are ready. “That place is going to be rocking,” Texas senior cornerback Jahdae Barron said. “It's good to go on the road and play in hostile environments.” The Longhorns have overcome big and loud road crowds before. They won at Alabama in 2023. They won at Michigan and Arkansas, another old rival, this year. The Longhorns have won 10 in a row on an opponent’s home field. “When the hate is on us, we love it. We enjoy it,” Taaffe said. But some former Texas players say the current group has faced nothing like what awaits them in College Station. Playing at Texas A&M is more than just noise and a lot of “Horns down” hand signals. The “Aggie War Hymn” fight song calls for Aggies to “Saw varsity’s horns off." Beating Texas is their passion, said former Longhorns All-American offensive lineman Dan Neil, who won at Texas A&M in in 1995. He calls that win one of the best of his career. “I was done showering and getting ready to leave, and their fans were still standing outside the locker room screaming and throwing things,” he said. “The (Texas) players have no idea what they are walking into. They have no clue. No one on that team has walked into that stadium in burnt orange.” The rivalry broke up when Texas A&M left the Big 12 for the SEC in 2012. The Aggies have twice finished tied for second but have otherwise found little success there. Texas is in its first year in the SEC and has smashed its way to the top. Texas is the only SEC team with one loss this late in the season, which would make beating Texas that much sweeter for A&M. “The hype is definitely saying it's a rivalry. History says it's a rivalry, but for us, it's the football game we have this week,” Texas senior center Jake Majors said. “It's important for us to not let the environment, the game, get the best of us. ... I get to go out there and play not only for me and my team, but for the guys who came before me, so that's a true honor to have.” Even though the game hasn't been played since 2011, there has always been an element of the rivalry simmering under the surface, Texas A&M coach Mike Elko said. Elko is in his first year as the Aggies' coach, but he was the Texas A&M defensive coordinator under Jimbo Fisher from 2018-2021. “Even though it hasn’t been played, it just doesn’t feel like it’s ever really left the fabric. I really don’t think it’s as removed from the psyche as maybe it feels,” Elko said. “I think our kids are very much aware of what this is all about.” ___ Rieken reported from College Station, Texas. ___ 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-football
Several times following New England’s 24-21 loss to the Buffalo Bills, Patriots coach Jerod Mayo said he wanted to review the game film before making a final assessment of his team’s performance. He did, and on Monday he said the overarching feeling he was left with was one of pride. Going toe-to-toe with one of the best teams in the NFL is commendable. Mayo also remains confident this group has even more room for growth over its final two games this season. “To be frank, I don’t believe in good losses,” Mayo said. “I think there’s a lot to learn from the game. Look, we’re headed in the right direction, but it’s all about consistency, and we have to do that on a down-after-down, a game-after-game basis to be successful in this league.” What is also clear is that despite their 3-12 record, Patriots rookie quarterback Drake Maye wants people to know that he and his teammates believe in their coach. No matter what conversations might be going on outside the Patriots locker room regarding shortcomings by the coaching staff, or Mayo’s job status. “We’ve got his back, and he’s coached us hard. He wants to win. We all want to win. We’re all frustrated,” Maye said. “We’re just plays away, and it’s basically me turning the ball over. I think it’s just a testament to these guys that keep fighting. We keep fighting. Shoot, we’re not going to make the playoffs; we’re out of the race, and these guys are coming in, frustrated when we don’t score. ... So, I think we’re building something good, building something that feels right here, and I’m proud to be a Patriot.” RELATED COVERAGE The Darnold-Jefferson connection is thriving for the surging Vikings Garrett’s comments about his future add wrinkle to Browns’ worst season since 0-16 in 2017 Giants’ 10th straight loss showed once again that they need a young QB What’s working The Patriots entered the week scoring only 7.5 points per game in the first half this season, which ranked 29th in the NFL. The offense woke up with 14 points in the first half on Sunday, notching multiple offensive touchdowns in the first half for the first time in 2024. What needs help Stopping the run has been an issue for New England’s defense for most of the season and it was on display against the Bills. With Buffalo trailing 14-0 in the second quarter, running back James Cook sliced through the interior of the Patriots defense and broke free for a 46-yard TD run. It was a big chunk of Buffalo’s 172 yards on the ground for the game. Stock up CB Jonathan Jones. He was tasked with being the primary defender on Buffalo’s top receiver Khalil Shakir for most of the game. The veteran held his own, helping limit the Bills’ leader in catches and receiving yards to only two catches for 22 yards on six targets. Jones also forced a fumble by Shakir in the fourth quarter, though Shakir was able to recover it. Stock down Marte Mapu. The linebacker started at safety with Jabrill Peppers sidelined with a hamstring injury. Mapu was strong for most of the game and had a chance to set up the Patriots offense in the second quarter when he snagged his second career interception, picking off Josh Allen’s pass in the end zone. But Mapu decided to run the ball out of the end zone and was tackled on the New England 1-yard line. The poor starting field position eventually led to a punt and the Patriots couldn’t add to their 14-7 lead. Injuries The Patriots didn’t announce any injuries during the game. But along with Peppers, cornerback Marcus Jones also sat out with a hip injury. Key number 2-6 — The Patriots’ record in one-score games this season. Four of those have been by three or fewer points. Next steps The Patriots host the Los Angeles Chargers on Saturday. ___ AP NFL: https://apnews.com/hub/nflBy Nicole Jao NEW YORK (Reuters) -Oil futures fell nearly 2% on Wednesday as investors awaited an imminent OPEC+ decision on production cuts, while a larger-than-expected draw in U.S. crude stockpiles last week lent some support to prices. Brent crude futures fell $1.31, or 1.78%, to settle at $72.31 a barrel. U.S. West Texas Intermediate crude futures fell $1.40, or 2%, to $68.54. On Tuesday, Brent posted its biggest gain in two weeks, rising by 2.5%. The market was on tenterhooks, with investors focused on the upcoming OPEC+ meeting, analysts said. The Organization of the Petroleum Exporting Countries and its allies in OPEC+ meet on Thursday, and are likely extend output cuts until the end of the first quarter of next year, industry sources told Reuters. “While a delay to unwinding production cuts is expected, the rhetoric out of the meeting is going to have the biggest sway,” said Kpler lead Americas oil analyst, Matt Smith. OPEC+ has been looking to phase out supply cuts through next year. U.S. crude stocks fell more than expected last week as refiners ramped up operations, the Energy Information Administration (EIA) said. Gasoline and distillate stockpiles rose by more than expected during the week. “A pop in refining activity with runs climbing to a high not seen since the summer has resulted in a see-saw of crude inventories drawing and products building,” said Kpler lead Americas oil analyst Matt Smith. The bullish momentum only lent some support to prices. A shaky ceasefire between Israel and Hezbollah, South Korea’s curtailed declaration of martial law and a rebel offensive in Syria that threatens to draw in forces from several oil-producing countries all lent support to oil prices, said Priyanka Sachdeva, senior market analyst at Phillip Nova. In the Middle East, Israel said on Tuesday it would return to war with Hezbollah if their truce collapses and that its attacks would go deeper into Lebanon and target the state itself. In South Korea, lawmakers have submitted a bill to impeach President Yoon Suk Yeol after his declaration of martial law on Tuesday, which was reversed within hours, sparking a political crisis in Asia’s fourth-largest economy. (Reporting by Nicole Jao in New York, Arunima Kumar in Bengaluru and Emily Chow in Singapore; Additional reporting by Paul Carsten; Editing by David Goodman, David Evans and David Gregorio) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
SL Green Realty (NYSE:SLG) Sees Large Volume Increase Following Analyst Upgrade
Trump names new point person for negotiating the release of hostages, detainees abroadPatriots coach Jerod Mayo believes narrow loss to Bills shows potential of his young team Several times following New England’s 24-21 loss to the Buffalo Bills, Patriots coach Jerod Mayo said he wanted to review the game film before making a final assessment of his team’s performance. Kyle Hightower, The Associated Press Dec 23, 2024 3:27 PM Dec 23, 2024 3:35 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message New England Patriots head coach Jerod Mayo talks with quarterback Drake Maye (10) during the fourth quarter of an NFL football game, Sunday, Dec. 22, 2024, in Orchard Park, N.Y.. (AP Photo/Gene J. Puskar) Several times following New England’s 24-21 loss to the Buffalo Bills, Patriots coach Jerod Mayo said he wanted to review the game film before making a final assessment of his team’s performance. He did, and on Monday he said the overarching feeling he was left with was one of pride. Going toe-to-toe with one of the best teams in the NFL is commendable. Mayo also remains confident this group has even more room for growth over its final two games this season. “To be frank, I don’t believe in good losses,” Mayo said. “I think there’s a lot to learn from the game. Look, we’re headed in the right direction, but it’s all about consistency, and we have to do that on a down-after-down, a game-after-game basis to be successful in this league.” What is also clear is that despite their 3-12 record, Patriots rookie quarterback Drake Maye wants people to know that he and his teammates believe in their coach. No matter what conversations might be going on outside the Patriots locker room regarding shortcomings by the coaching staff, or Mayo’s job status. “We’ve got his back, and he’s coached us hard. He wants to win. We all want to win. We’re all frustrated,” Maye said. “We’re just plays away, and it’s basically me turning the ball over. I think it’s just a testament to these guys that keep fighting. We keep fighting. Shoot, we’re not going to make the playoffs; we’re out of the race, and these guys are coming in, frustrated when we don’t score. ... So, I think we’re building something good, building something that feels right here, and I’m proud to be a Patriot.” What’s working The Patriots entered the week scoring only 7.5 points per game in the first half this season, which ranked 29th in the NFL. The offense woke up with 14 points in the first half on Sunday, notching multiple offensive touchdowns in the first half for the first time in 2024. What needs help Stopping the run has been an issue for New England’s defense for most of the season and it was on display against the Bills. With Buffalo trailing 14-0 in the second quarter, running back James Cook sliced through the interior of the Patriots defense and broke free for a 46-yard TD run. It was a big chunk of Buffalo’s 172 yards on the ground for the game. Stock up CB Jonathan Jones. He was tasked with being the primary defender on Buffalo’s top receiver Khalil Shakir for most of the game. The veteran held his own, helping limit the Bills’ leader in catches and receiving yards to only two catches for 22 yards on six targets. Jones also forced a fumble by Shakir in the fourth quarter, though Shakir was able to recover it. Stock down Marte Mapu. The linebacker started at safety with Jabrill Peppers sidelined with a hamstring injury. Mapu was strong for most of the game and had a chance to set up the Patriots offense in the second quarter when he snagged his second career interception, picking off Josh Allen’s pass in the end zone. But Mapu decided to run the ball out of the end zone and was tackled on the New England 1-yard line. The poor starting field position eventually led to a punt and the Patriots couldn’t add to their 14-7 lead. Injuries The Patriots didn’t announce any injuries during the game. But along with Peppers, cornerback Marcus Jones also sat out with a hip injury. Key number 2-6 — The Patriots’ record in one-score games this season. Four of those have been by three or fewer points. Next steps The Patriots host the Los Angeles Chargers on Saturday. ___ AP NFL: https://apnews.com/hub/nfl Kyle Hightower, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Aiming for top seed, Lions play 49ers on road before closing regular season at home against Vikings Dec 23, 2024 4:03 PM Nothing's guaranteed, but Bucs need to win out to give themselves best shot to make the playoffs Dec 23, 2024 3:55 PM NFL Inactive Report Dec 23, 2024 3:54 PM
Suspect pleads not guilty in NYCLOTR: The Hunt for Gollum Writers Want Viggo Mortensen Back as Aragorn
The Dallas Cowboys (3-7) visit the Washington Commanders (7-4) on Sunday, November 24, 2024 at Commanders Field and will aim to break a five-game losing streak. What channel is Commanders vs. Cowboys on? What time is Commanders vs. Cowboys? The Commanders and the Cowboys play at 1 p.m. ET. NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more. Commanders vs. Cowboys betting odds, lines, spread Commanders vs. Cowboys recent matchups Commanders schedule Cowboys schedule NFL week 12 schedule This content was created for Gannett using technology provided by Data Skrive.Caught on Camera: Police investigating package theft reports in St. Clair ShoresThursday: Julia Kornberg on Berlin Atomized at Lost City Books Berlin Atomized , the debut novel from author Julia Kornberg , is described as a “kinetic, globetrotting novel” following three “downwardly mobile” Jewish siblings from 2001 to 2034. Originally published as Atomizado Berlín in 2021, the English-language version, translated by Jack Rockwell , was released earlier this week on Dec. 3. To celebrate, Lost City Books is hosting a conversation between Kornberg and Rockwell, with moderation by translator and author Lily Meyer . Berlin Atomized shows the siblings struggling against economic turmoil, environmental collapse, and war, among other crises over the span of multiple decades. Kornberg opens her novel in Nordelta, a wealthy ( and gentrified ) gated community in Buenos Aires, during Argentina’s great depression in 2001. Born and raised in Buenos Aires and now based in New York City, Kornberg has focused on writing about the Jewish Argentine community, culture, and identity. A writer from a young age, Kornberg recently told Beyond the Zero that “this is pretty much all I’ve done” and credited Argentina’s “institution” of literary workshops—one of which she attended as an adolescent—to fueling her interest in writing. Currently, a Ph.D. candidate at Princeton University, Kornberg is working on her second novel. Julia Kornberg discusses Berlin Atomized at 7 p.m. on Dec. 5 at Lost City Books, 2467 18th St. NW. lostcitybookstore.com . Free. —Daryl Perry Saturday and Sunday: Native Art Market at NMAI Across Indigenous communities in the Southeast U.S., weaving baskets has been a crux of culture, society, and technology. Native women used the practice of basket weaving, the oldest preserved artistic tradition of Indigenous culture, as a means of socializing, documenting history, telling stories, and combining practicality with creativity. The tradition lives on through dedicated descendants and artful masters of the craft, and is one of many forms of art that will be displayed at the National Museum of the American Indian’s Native Art Market. The annual market features Indigenous artists from around the Western Hemisphere, who are known for their award-winning craftsmanship. Lovers of art are invited to immerse themselves in the rich, vibrant culture by learning about Native traditions and the contemporary ways in which these artists adapt them to the modern age. Like basketry, the artwork and creations on display—and for sale—at the market showcase the spirit of vibrant artistry kept alive today. You’ll find beadwork, which predates European arrival to the U.S. and exemplifies just how resourceful Native Americans were in their ingenuity, hundreds of years ago. Also included will be illustrations, jewelry, metalwork, sculptures, photography, and clothing. The Native Art Market runs from 10 a.m. to 5:30 p.m on Dec. 7 and 8 at the National Museum of the American Indian, Third Street and Maryland Avenue SW. americanindian.si.edu . Free. — Meg Richards Saturday: The Skeptics Guide to the Universe at Miracle Theatre A podcast steeped in science hosted by people who work in science was once one of the most popular ones on iTunes. A long time ago, when you had to actually download a podcast on a computer and then use a cord to upload it to your iPhone, The Skeptics Guide to the Universe ruled a much less influential platform. It’s not surprising that the easier it became to listen to the format, the dumber and dumber it became. Like most early pods that stuck around, the show has produced more than a thousand episodes, a book, and live shows. Unlike most popular current pods, the show is not a product of any other streaming platform, sponsored by a gambling app or broadcast network. And it’s definitely not part of the crop of pods speaking to the young White dudes who might have swung an election. If the influence of those shows are justifiably bumming you out, this live version of The Skeptics Guide should be a respite from today’s news. If you’re a regular attendee of Nerd Nite at DC9 or the Profs and Pints talks throughout D.C., you’ll most likely like The Skeptics Guide . At a time when the dumbest possible future feels inevitable, it’ll be nice to spend a few hours with some like-minded individuals that realize the universe is vast. The Skeptics Guide to the Universe records at 8 p.m. on Dec. 7 at Miracle Theatre, 535 8th St. SE. unionstagepresents.com . $40. —Brandon Wetherbee Tuesday: Emily Dickinson Birthday Tribute Reading with Kimiko Hahn The Folger Shakespeare Library has been hosting programming at a breakneck pace since reopening this summer. On Tuesday, the library is hosting its esteemed birthday tribute to Emily Dickinson in person for the first time since 2020. This year’s reading will be done by poet Kimiko Hahn , the author of 10 poetry collections and winner of the Poetry Foundation’s Ruth Lilly Lifetime Achievement Award. The tribute event is a hallmark of Folger’s programming and has previously featured Mary Oliver , Carolyn Forché , and U.S. Poet Laureate Joy Harjo , among others. And afterward local poet and civil rights lawyer Sunu Chandy will moderate a conversation with Hahn. Prepare for the birthday festivities by brushing up on your poetry readings , attempting Dickinson’s black cake recipe (the cake will also be served at the event) , or watching the TV show Dickinson , based loosely (to say the least) on her life. Or, before you head to the Folger, you can read the Washington Post Magazine ’s account of Dickinson’s 1855 trip to D.C. that’s at odds with her popular hermit-esque persona. According to the story, the then-24-year-old Dickinson was repelled by the city’s opaque high society but interested in its political and cultural attractions; a stance City Paper readers might get behind. The Emily Dickinson Birthday Tribute starts at 7:30 p.m. on Dec. 10 at Folger Shakespeare Library, 201 E Capitol St. SE. folger.edu . $20. —Serena Zets Ongoing: Virginia Hall Exhibit at the Spy Museum Virginia Hall was hardly a woman of no importance . Baltimore born and raised, Hall went on to become the Nazis’ most wanted Allied spy and a decorated World War II operative with medals from the U.S., the UK, and France. “One of my favorite photos of her is her jumping off a barn as a little girl,” says Hannah Saloio , curator of the new Virginia Hall exhibit at the International Spy Museum. “I think that kind of tells her entire story.” The small but detailed exhibit, found in the museum’s Spies and Spymasters gallery on the fifth floor, aims to tell Hall’s story in greater detail. The woman who became known as “the lady who limps” by the Gestapo—due to her prosthetic leg, which she nicknamed “ Cuthbert ”—was working as a clerk for the State Department in Estonia when Germany invaded Poland and launched WWII. From driving an ambulance on the front lines in France to being recruited by the British Special Operations Executive, Hall proved that women could play an equally important role in the war’s reconnaissance, sabotage, and espionage efforts. Indeed, some of her biggest confidants in France, where she was stationed, were nuns, sex workers, and a brothel owner. Her “resume” sounds more like something out of an Evelyn Salt movie than real life: She was hunted by the Gestapo’s Butcher of Lyon; fled France on foot over the Pyrenees Mountains—with a wooden leg; and became a wireless operator for the U.S. Office of Strategic Services. For one mission, she filed down her teeth to better pass as an elderly milkmaid in order to track German troops. According to the museum , “she radioed intelligence reports, coordinated parachute drops of supplies, oversaw sabotage missions, and planned ambushes of German soldiers.” An NPR article notes that “at its peak, Hall’s network consisted of some 1,500 people,” including a soldier who later became her husband. Her MBE Medal Award, a passport, and the actual uniform she wore as a French ambulance driver are among the artifacts in the exhibit. But the biggest takeaway is the long-overdue recognition of her work. The Virginia Hall exhibit is now open in the Spies and Spymasters gallery at the International Spy Museum, 700 L’Enfant Plaza SW. Monday through Friday, 10 a.m. to 6 p.m.; Saturday 9 a.m. to 7 p.m.; Sunday, 9 a.m. to 6 p.m. spymuseum.org . $20–$32. —Sarah Marloff Don’t forget to sign up for City Lights , our twice-weekly guide to the best arts and nightlife, delivered from our writers straight to your inbox every Thursday and Sunday.