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Google and the US government faced off in a federal court on Monday, as each side delivered closing arguments in a case revolving around the technology giant's alleged unfair domination of online advertising. The trial in a Virginia federal court is Google's second US antitrust case now under way as the US government tries to rein in the power of big tech. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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Pep Guardiola claims three-quarters of the Premier League want to see Manchester City relegated over financial irregularities. But the City boss has vowed to stay on and lift the club back to the top even if they are sent all the way down to the National League. Guardiola ended speculation over his immediate future this week by extending his contract, which had been due to expire at the end of the season, through to the summer of 2027. That has given the club some stability at a time of great uncertainty as they fight 115 charges related to alleged breaches of the Premier League’s financial regulations. City have denied all wrongdoing but their punishment if found guilty could be severe, with demotion even a possibility. Guardiola has strongly defended the club in the past and is happy to continue doing so. The Spaniard said: “I don’t enjoy it, I prefer not to be in that position, but once it’s there I love it because, when you believe in your club, and the people there – I believe what they say to me and the reasons why. “I cannot say yet because we’re awaiting the sentence in February or March – I don’t know when – but at the same time, I like it. “I read something about the situation and how you need to be relegated immediately. Seventy-five per cent of the clubs want it, because I know what they do behind the scenes and this sort of stuff. “I said when all the clubs accused us of doing something wrong, (and people asked) what happens if we are relegated, (I said) I will be here. “Next year, I don’t know the position of the Conference they are going to (put) us, (but) we are going to come up and come up and come back to the Premier League. I knew it then and I feel it now.” The immediate priority for Guardiola, who said his contract negotiations were completed in “just two hours”, is to arrest a run of four successive defeats in all competitions. Yet, ahead of their return to action against Tottenham at the Etihad Stadium on Saturday, the champions continue to grapple with a lengthy injury list. Mateo Kovacic is their latest casualty after sustaining a knock on international duty that could keep him out for up to a month. On the positive side, defenders Nathan Ake, John Stones and Manuel Akanji could feature and Jack Grealish is also closing in on a return after a month out. Much to Guardiola’s frustration, Grealish was called up by England for their recent Nations League games, although he later withdrew. Guardiola said: “I want the best for Jack and I want the best for Jack with the national team but the doctor said to me that he was not ready to play. “I know (England) want him but they have 200 players to select from and Jack was not fit. He had to recover from many things.” Kyle Walker played for England against both Greece and the Republic of Ireland despite limited game time since suffering injury in the October international break. Guardiola said: “If he is fit I like him to play in the national team. It is not a problem, don’t misunderstand me. “Kyle has a dream to make 100 caps for the national team. Do I want to cancel this dream? Absolutely not. “But if you are not fit, if you cannot play here, you cannot play for the national team. It is quite obvious.”Perhaps the state's solons have skimmed enough headlines in recent years to finally stick a thumb or two on the lopsided scales of justice. One story reported on the then-editor of the Albuquerque Journal serving 10 days in jail after pleading guilty to shoplifting $104 in merchandise from a Walmart. An earlier piece told of then-state Sen. Richard Martinez receiving a five-day jail sentence after seriously injuring two people in a car crash. State District Judge Francis Mathew convicted Martinez of reckless driving and aggravated drunken driving. Martinez, D-Ojo Caliente, could have been jailed for as long as 180 days for his two crimes, but judges in New Mexico typically dole out light punishment to first-offense drunken drivers. My purpose in highlighting these cases is not to seek sympathy for a well-paid thief. The point is one prominent, white-collar New Mexican served less time for inflicting terror and pain on innocents than another who stole some groceries. I wrote a column earlier this fall calling for a mandatory minimum sentence of 10 days in jail for any first offender convicted of drunken driving. Many readers contacted me about that column. As the holidays approach and state legislators prepare for their 60-day session starting in January, they might be interested in a few of their comments. "This state continues to do what it has always done, and at this point it doesn't seem to care that the results are the same as they always have been. Sadly, that means increased death and injury," wrote Linda Atkinson, executive director of the DWI Resource Center and New Mexico Victims' Rights Project. "The most recent data (2022) from the New Mexico Department of Transportation indicates that DWI arrests were down almost 21% from 2018 to 2022. Convictions were also down by 24% over the same time. DWI crashes have gone from 113 fatalities in 2018 to 152 in 2022. "We could increase DWI penalties, similar to Scandinavian countries. Research tells us this would reduce death and injury caused by impaired driving," Atkinson stated. Another reader, Sheila McCarthy Grainger wrote me about her family's tragedy, fresh in her mind after 40 years. "In 1984, my husband was hit head-on by a drunk playing 'chicken' in Taos Canyon. My husband was airlifted to UNMH where he lay in a coma for 10 days, finally succumbing to his injuries. He died the day after Christmas. Our young son was left fatherless, and I was left without my best friend." Richie Grainger's death led to one of the more publicized and controversial DWI cases in New Mexico's history. The Taos News led the way in describing peculiar conduct by state police officers who'd investigated the defendant, Veto Vialpando. "Taosenos wondered why Vialpando was allowed to drive away from the scene of the tragedy after he failed to produce insurance and was charged with DWI," the weekly reported. Vialpando's family hired New Mexico's most famous defense attorney, Leon Taylor, to represent him. An early ruling boded well for Vialpando. A judge decided the jury in Raton could not be told 21-year-old Vialpando had refused to take a blood-alcohol test. Taylor offered a simple defense. He said Vialpando had been blinded by the sun. Richie Grainger, Taylor argued, died as the result of a terrible accident rather than a senseless crime. Jurors acquitted Vialpando. He died 30 years after his trial. Sheila Grainger for a time tried to repair what she believed was a broken system. "My friends who worked at the Legislature would invite me to go during the sessions to talk to various legislators about improving laws concerning drunken drivers. It was like I was talking to a blank wall. "One legislator in the House of Representatives even went so far as to tell me he had three rehab places [in his district] which brought in money. He wasn’t about to change any laws that would alter that moneymaking endeavor." She wearied of lawmakers. "It used to irk me seeing them in The Bull Ring and other eating and drinking places, laughing and slapping each other on the back for jobs well done. "My son and I endured. He has done well in his life, having two college degrees and a lovely little family. Me, I’m old now, never remarried, and I still miss Richie every day. I tell you this because your column just pointed out the fact that after 40 years nothing has improved." Democratic Gov. Michelle Lujan Grisham and legislators in her own party battled in springtime over a package of crime bills she coveted. Trouble was, Lujan Grisham's proposals were redundant or deemed unwise. Lawmakers rejected all of them. The Scandinavian model of stiff sentences for drunken drivers wasn't part of the package. The new year represents a fresh opportunity to change that. All the politicians read about the editor who spent 10 days in a cell for shoplifting. For all their interest in crime and punishment, they didn't find any account of a first-time drunken driver doing that much time. Call it New Mexico's legal system. Justice shouldn't be part of the description. Ringside Seat is an opinion column about people, politics and news. Contact Milan Simonich at msimonich@sfnewmexican.com or 505-986-3080.
NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022 and October 25, 2023, both dates inclusive (the “Class Period”), of the important January 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased Hasbro common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Hasbro class action, go to https://rosenlegal.com/submit-form/?case_id=31157 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements that represented the quality of inventory and the appropriateness of the levels of inventories carried by Hasbro and its retailers compared to customer demand. In truth, however, Hasbro had a significant buildup of inventory that it was struggling to manage and which far exceeded customer demand. As a result, defendants’ statements about Hasbro’s inventory, and what inventory levels reflected regarding demand, were materially false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Hasbro class action, go to https://rosenlegal.com/submit-form/?case_id=31157 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
Game-changing holiday gifts for building fires, printing photos, watching birds and moreIn context: After barely weathering the pandemic in 2020, Fujikura is now enjoying a period of unprecedented growth in the Japanese stock market, driven by demand in AI and data center operations. The Tokyo-based company specializes in manufacturing electrical equipment, including power and telecommunication systems, optical fiber devices, and more. Fujikura Ltd., founded by Zenpachi Fujikura in 1885, continues to thrive, fueled by the rapid growth of AI products and research initiatives. Originally focused on producing silk and cotton-insulated wires, the company has evolved to specialize in advanced cable systems for the modern tech industry. According to a recent Bloomberg report, Fujikura has become the best-performing stock on the Nikkei 225 Stock Average, with its share price surging over 400 percent in 2024. The company is also set to join the widely followed MSCI global stock market index. One of Fujikura's most in-demand products is its ultra-thin fiber optic cables, which boast some of the smallest diameters in the industry. These cables can be deployed in tight spaces without requiring additional tunneling, according to CFO Kazuhito Iijima. Notably, Apple is one of Fujikura's largest customers. Iijima noted that demand for data center products began surging significantly around 2022, leaving company executives puzzled at first. Now, it's clear that AI is the primary driver behind the booming business. Fujikura is projected to achieve ¥104 billion ($674 million) in operating income during the current fiscal year, marking a 17 percent year-over-year increase. A substantial 70 percent of Fujikura's revenue comes from outside Japan, with 38 percent originating from the United States. In 2020, the company faced its first loss in a decade, attributed to the Covid-19 pandemic and escalating trade tensions between the US and China. The return of the Trump administration could reignite these challenges, but Fujikura has been preparing for such scenarios. To mitigate risks, Iijima confirmed that the company has established a US-based production facility dedicated to manufacturing high-density optical fiber cables. The plant is designed to comply with the Build America Buy America Act , ensuring resilience "even if new issues arise that are disadvantageous to imported materials," Iijima stated. Looking ahead, Fujikura is preparing for emerging opportunities as global data center capacity is projected to grow by 33 percent annually through 2030, according to McKinsey & Company. The company is also exploring future markets, with nuclear fusion reactors – a potential clean energy breakthrough – seen as a promising avenue that will likely require extensive cabling solutions.
Trudeau says dealing with Trump will be 'a little more challenging' than last time
CDMO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Avid Bioservices, Inc. Is Fair to ShareholdersGermany, France ready to work with Syria's new government if human rights protected: Berlin
Debenhams customers have the chance to grab a stunning makeup storage case for just £16 - an impressive price considering its true value is much higher. This deal is even sweeter as it means shoppers can save £44 off its original price of £59.99 thanks to the 73% off discount. Debenhams' Four-Tier Transparent Makeup Organiser features a translucent design with gold handles that bring a touch of personality and class to any dressing table. Its multi-drawer structure also ensures that all your beauty essentials are neatly arranged and easily accessible. The bargain find is part of Debenhams Cyber Week sale , following last week's Black Friday extravaganza, with thousands of items still on offer for less - but not for long. This sale presents a fantastic opportunity to snag a product that usually retails at £60 for just available for just £15.99 . READ MORE: Debenhams stylish £33 mini fireplace 'looks great in any living or dining room' READ MORE: Huge 150ml bottle of £62 'sensual' designer perfume now £19 on Amazon However, the deal is only valid for a short period. So, it is best to take advantage of it before the price returns to its original amount . The compact storage box has a large compartment at the top and three handy drawers to keep your essentials nice and organised. According to the online description, the translucent design allows you to easily see the contents. At the same time, the drawers can be fully pulled out and provide space to store facial masks, eye creams, and other supplies. Its enclosed design also protects items from dust and oxidation. Its "stable" composition ensures it stands firmly on your countertop, catering to all your storage needs. Better still, it is freestanding, ready to use out of the box and is eligible for free delivery . The product is deemed a "great gift for any girl, adult, beauty, fashion, and makeup lover". It could make an ideal Christmas present or an affordable stocking filler that looks luxurious - especially during the sale. However, the Four-Tier Transparent Makeup Organiser only comes in one size—25.4cm W x 18.5cm D x 23.6cm H—so make sure you measure your dressing table before buying. It is also only available in one colour, making choices limited. It is also yet to receive any reviews from shoppers, making it difficult to know exactly what buyers think of it. If you're looking for something similar, there are plenty of other available options, including this Living and Home Three Layer Cosmetic Makeup Storage Organiser , which comes in a striking green colour. In the reviews, one customer wrote: "This is beautiful and a good quality item. I have bought this for my daughter for Christmas." Another put: "Purchased for a Christmas gift, I'm very pleased with the quality of the makeup storage box and I know my daughter will be very happy with it." A third added: "I think this is such a lovely colour. Really ties my room together and I've had so many people asking me about it." However, a few say the organiser isn't the "best quality". One shopper claimed: "I think the design of this case is unique but disappointed that this is priced originally at over £70!! Glad it was a knockdown sale price. It is cheap plastic... Lid likely to snap off in no time." Another typed: "I wish it came in more colours. The green just isn't something that appeals to me!" READ MORE: Debenhams shoppers 'highly recommend' £130 makeup case that's now £33 READ MORE: Debenhams reduces wedding dress brides love to £30 for 'dramatic bridal entrance' Elsewhere, Amazon is selling this Warmiehomy Multi-Function Make-Up Case in a luxurious transparent yellow that creates a golden glow for £25.99. There's also this all-white Queta Make-up-Organizer for £20.89. The Large Cosmetic Storage Box boasts a large capacity with eight grids and three drawers. It can fit jewellery, makeup brushes, lipsticks, creams and even stationary. A Modern Luxe Ribbed Desktop Storage Box is currently on sale at Dunelm for £18 . It includes three spacious drawers and is ideal for organising cluttered spaces. Meanwhile, Boots' StylPro Beauty Pod costs £39.99 and features four different sized storage sections.
JHVEPhoto Overview ServiceNow ( NYSE: NOW ) is a leading workflow automation platform designed to help enterprises manage and automate their processes. Originally, starting out as an IT service management platform helping IT departments manage their networks, ServiceNow has expanded to other areas including Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Business relationship disclosure: This article was written by a consultant in collaboration with HedgeMix. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of a bribery scheme. It said they had "devised a scheme to offer, authorise, make and promise to make bribes payments to Indian government officials". The firm, which denies the charges, said in a statement on Wednesday: "Since the intimation of the US DoJ (Department of Justice) indictment, the group has suffered a loss of near $55 billion in its market capitalisation across its 11 listed companies." Gautam Adani, 62, is suspected of having participated in the $250 million scheme in bribes to secure lucrative government contracts. Adani Group issued a stiff denial, describing the charges as "baseless", but it triggered a heavy sell-off of Adani stocks in Mumbai last week, with multiple trading halts. A statement on Wednesday said Adani officials are "only charged" with securities fraud, wire fraud conspiracy and securities fraud. It denies all the charges. It said it was "incorrect" to say that either Gautam Adani or his nephew Sagar Adani had been charged with bribery or corruption. Stocks in Adani Enterprises surged after the statement, piling on more than 10 percent in Mumbai, as did Adani Green, its renewable energy arm. Adani is a close ally of Hindu nationalist Prime Minister Narendra Modi and was at one point the world's second-richest man, and critics have long accused him of improperly benefitting from their relationship. The group said the action had led to "significant repercussions", including "international project cancellations, financial market impact and sudden examination from strategic partners, investors and the public". That included in Kenya, where President William Ruto said the Adani Group would no longer be involved in plans to expand the East African country's electricity network and its main airport. The Adani Group was to invest $1.85 billion in Jomo Kenyatta airport and $736 million in state-owned utility KETRACO. Sri Lanka has opened an investigation into the local investments of the group, including a $442 million wind power deal and an Adani-led deep-sea port terminal in Colombo, which is estimated to cost more than $700 million. With a business empire spanning coal, airports, cement and media, Adani Group has weathered previous corporate fraud allegations and suffered a similar stock rout last year. The conglomerate saw $150 billion wiped from its market value in 2023 after a report by short-seller Hindenburg Research accused it of "brazen" corporate fraud. Adani denied Hindenburg's allegations and called its report a "deliberate attempt" to damage its image for the benefit of short-sellers. Adani Group's rapid expansion into capital-intensive businesses has raised alarms in the past, with Fitch subsidiary and market researcher CreditSights in 2022 warning it was "deeply over-leveraged". Adani, who was born to a middle-class family in Ahmedabad, Gujarat state, dropped out of school at 16 and moved to Mumbai to find work in the financial capital's lucrative gem trade. After a short stint in his brother's plastics business, he launched the flagship family conglomerate that bears his name in 1988 by branching out into the export trade.