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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
Christmas presents donated by the people in the were distributed to young children in state hospitals on Tuesday. The presents were collected around a Christmas tree on Castille Square in the past few days. The prime minister and his wife Lydia Abela were among those who distributed them on Christmas Eve at Mater Dei Hospital and Sir Anthony Mamo Oncology Centre. They were accompanied by Health Minister Jo Etienne Abela. The prime minister also met the directors of Puttinu Cares and thanked them for their work for sick children. He promised them the country's support. You can unsubscribe at any time by clicking the link in the footer of our emails. We use as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.LIVERMORE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced that it will be joining 17 other companies in collectively hosting the 13 th Annual NYC Summit investor conference, being held Tuesday, December 17 th at Mastro's Steakhouse New York. The presentation material utilized during the NYC Summit will be made accessible on the events page of the Company's website at www.formfactor.com . About the 13 th Annual NYC Summit The NYC Summit is collectively hosted and funded by participating companies and features a "round-robin” format consisting of small group meetings with company management teams. During the event, investors and analysts will have the opportunity to meet with the majority of the 18 management teams during the small group meeting sessions, as well as opportunities to meet with management during the breakfast and lunch networking sessions. The 18 management teams collectively hosting the 13 th Annual NYC Summit 2024 include: ACM Research (ACMR), Advanced Energy (AEIS), Aehr Test (AEHR), Alpha & Omega Semiconductor (AOSL), Axcelis (ACLS), Cohu, Inc. (COHU), CVD Equipment (CVV), FormFactor (FORM), Ichor Systems (ICHR), inTEST Corporation (INTT), Kulicke & Soffa (KLIC), Lantronix, Inc. (LTRX), nLIGHT, Inc (LASR), Peraso, Inc. (PRSO), Photronics, Inc. (PLAB), QuickLogic (QUIK), SkyWater Technology (SKYT), and Vishay Precision Group (VPG). Stifel and TD Cowen are sponsors of the conference. Attendance at the NYC Summit is by invitation only and is available solely to accredited investors and publishing research analysts. As space is limited, please RSVP early. Hosts reserve the right to limit attendance as necessary. Last day for registration is December 10, 2024. RSVP Contacts for 13th Annual NYC Summit 2024 To RSVP for the NYC Summit, please contact either of the Summit's co-chairs: Laura J. Guerrant-Oiye Phone: (808) 960-2642 Email: [email protected] Claire E. McAdams Phone: (530) 265-9899 Email: [email protected] About FormFactor: FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle - from characterization, modeling, reliability, and design de-bug to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company's website at www.formfactor.com . Source: FormFactor, Inc. FORM-F Investor Contact: Stan Finkelstein Investor Relations (925) 290-4273 [email protected]
Former NHL star Thornton back as co-GM of Canada's Spengler Cup squadPilibhit (UP), Dec 24 (PTI) A police case was filed here on Tuesday after a video turned up on X showing a person making threats to spread terror during the Maha Kumbh in Prayagraj, an officer said. “On December 24, a video was shared on various handles on social media platform (X) in which a person was using objectionable words against Hindu religion. He was also using derogatory words against political personalities,” police in a statement said. They said the man threatened to spread “terror” on January 14, 2025 (Makar Sankranti), January 29 (Mauni Amavasya), and February 3, 2025 (Basant Panchami). In the wake of the appearance of the video, a case was registered at the Cyber Police Station of Pilibhit district, the statement said. Asked how many people were booked, a police spokesperson said, “This is a part of the investigation,” and refused to elaborate further. The development comes barely a day after three terror suspects allegedly involved in a grenade attack in Gurdaspur were killed in an encounter by a joint team of Uttar Pradesh and Punjab Police in Pilibhit. Punjab Director General of Police Gaurav Yadav termed the killings a breakthrough against the Pakistan-sponsored Khalistan Zindabad Force module. The three men shot were identified as Gurvinder Singh, 25, Virender Singh alias Ravi, 23, and Jaspreet Singh alias Pratap Singh, 18, all residents of Punjab’s Gurdaspur. The encounter took place in the Puranpur area of Pilibhit. Uttar Pradesh Additional Director General (Law and Order) Amitabh Yash said the Punjab natives were involved in the grenade attack. “The three sustained serious injuries in the encounter and were immediately rushed to CHC Puranpur for treatment... but succumbed,” he said. PTI COR NAV VN VN This report is auto-generated from PTI 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() );None
Welcome to the Fox News Politics newsletter, with the latest updates on the Trump transition, exclusive interviews and more Fox News politics content. Here's what's happening... - 5 biggest FBI scandals during Christopher Wray's tenure as director -Biden commutes 1,500 jail sentences, grants pardons for 39 others: 'Largest single-day grant of clemency ' - Rep Banks rips West Point as school apologizes for 'error' saying Hegseth wasn't accepted The pick by President-elect Trump to lead the Department of Defense, Pete Hegseth, seems to be on track to get enough GOP Senate support to be confirmed, despite facing a handful of allegations ranging from sexual assault, excessive drinking and fund mismanagement, all of which he has denied. One Republican senator told Fox News Digital that they weren't aware of any GOP senators who are a "hard no" on confirming Hegseth. Hegseth "certainly" doesn't seem to be in a position where he may feel pressured to withdraw, they added... Read more Pete Hegseth, President-elect Donald Trump's nominee to be Defense Secretary, gives a thumbs-up as he walks with his wife Jennifer Hegseth, left, to meet with Sen. Joni Ernst, R-Iowa, a member of the Senate Armed Services Committee, at the Capitol in Washington, Monday, Dec. 9, 2024. (AP Photo/J. Scott Applewhite) (AP Photo/J. Scott Applewhite) White House BOGUS BIDEN INFO: Informant accused of feeding FBI bogus Biden information pleads guilty to 4 counts... Read more 'I MEAN IT': Biden says the GOP doesn't understand the importance of advancing women's well-being... Read more US President Joe Biden speaks at a "Christmas Dinner for All" in the East Room of the White House in Washington, DC, US, on Tuesday, Dec. 10, 2024. Biden is hosting the dinner in celebration of the Special Olympics. (Samuel Corum/Sipa/Bloomberg via Getty Images) Trump Transition PETE PUSH: Marine critic of Afghan withdrawal to lead rank-and-file enlistees in Senate visits promoting Hegseth... Read more GARLAND RESPONDS: Garland lauds 'principled' Wray for 'integrity and skill' after resignation announcement... Read more MAGA ENFORCERS: Trump allies turn up the heat on GOP Senate holdouts in nomination battles... Read more THUMBS UP: What Americans think about Trump's cabinet nominees... Read more President-elect Donald Trump hopes to keep his winning streak alive in a pair of high-profile lawsuits against ABC News and CBS News. 'A STAR': Trump says Ric Grenell will be 'high up' in administration after report says ex-intel chief will be Iran envoy... Read more 'LAND OF LAWS': Former House candidate reveals how Trump will conquer Dem resistance with immigration mandate... Read more REPORTER'S NOTEBOOK: A DOGE in the fight... Read more Capitol Hill THUMBS UP : Fetterman still enthusiastically supportive of Stefanik for US ambassador to UN: 'Always was a hard YES'... Read more BYE, BYE BERNIE?: Sen. Bernie Sanders says upcoming term will 'probably' be his last... Read more DEEPER IN DEBT: House passes nearly $1 trillion defense spending bill, adding to US debt of $36 trillion... Read more The Pentagon is seen from Air Force One as it flies over Washington, March 2, 2022. (AP Photo/Patrick Semansky) 'BACK ON TRACK': US oil and gas producers pressure House to pass pivotal permitting bill and get America ‘back on track’... Read more CLASSIFIED BRIEFING: House Speaker Johnson says he's getting a classified briefing today... Read more FUNDING FIGHT: House Pentagon funding bill would ban transgender treatments for minor children of military personnel... Read more ORDER IN THE COURT: House passes bill that would give Trump more federal judges to appoint... Read more SENATE APPEAL: Conservative group debuts major ad buy in key senators' states as 'soft appeal' for Hegseth, Gabbard, Patel... Read more Across America MIGRANT CRIME : Migrant teen stabbing in lower Manhattan... Read more 'NOT ELIGIBLE': Scholarship programs slapped with lawsuits for alleged discrimination against White men... Read more 'SHOULD BE DEPORTED': Illinois governor says 'violent' illegal immigrants should be deported, open to meeting with Trump officials... Read more MIGRANT CLAMPDOWN: Trump border czar meeting with NYC Mayor Adams despite sanctuary city status... Read more Incoming border czar Tom Homan will meet with New York City Mayor Eric Adams in the Big Apple on Thursday where they will discuss the city’s ongoing migrant crisis and ways of deporting criminal illegal migrants who have been terrorizing the city’s streets. (Bill Clark/CQ-Roll Call, Inc via Getty Images, left and Lev Radin/Pacific Press/LightRocket via Getty Images, right.) IN AND OUT?: DC councilman a step closer to facing expulsion after law firm finds he violated code of conduct... Read more R'OIL' SALE: Alaska outraged at federal oil lease sale setup being ‘fitting finale’ for fossil fuel-averse presidency... Read more 'DESPICABLE': Immigration activists fume at NYC mayor’s meeting with Trump border czar: ‘Despicable’... Read more 'UNBEARABLE LOSS': Venezuelan migrant released by ICE kills 7-year-old two months later... Read more 'MALICIOUS SLANDER': China denies new report linking CCP to four sites in Cuba allegedly used to spy on the US... Read more 'CONFIDENTIAL': DOJ IG reveals number of FBI confidential sources on the ground during Jan 6... Read more 'WE MUST BE CLEAR': Youngkin to draft sanctuary city ban, making state funding contingent on ICE cooperation... Read more Get the latest updates on the Trump presidential transition, incoming Congress, exclusive interviews and more on FoxNews.com . This article was written by Fox News staff.Former NHL star Thornton back as co-GM of Canada's Spengler Cup squadNone
Syrian opposition forces led by the jihadist group Hay’at Tahrir al-Sham (HTS) had come within six miles of the city of Hama by the end of Tuesday morning, as Western-backed Kurdish forces opened up a second front against government forces in the country’s east. Following their lightning capture of Syria’s second city of Aleppo over the weekend, opposition forces in the country’s northwest have pushed south to take important villages just north of Hama, a city of about one million people between Aleppo and the capital Damascus. Images shared on social media showed lines of tanks on the side of the road, abandoned by the Syrian Arab Army of President Assad’s regime. Meanwhile, the Syrian Democratic Forces, a mostly Kurdish group supported by the West,Sebastian Zapeta, 33, who federal immigration officials said is a Guatemalan citizen who entered the US illegally, was arraigned in Brooklyn criminal court. He appeared briefly before a judge and wore a white jumpsuit over a weathered black hooded sweatshirt. He did not speak. He will remain jailed ahead of his next court date on Friday. The apparently random attack occurred on Sunday morning on a stationary F train at the Coney Island station in Brooklyn. Police said on Tuesday that identification of the victim was still “pending at this time”. Authorities say Zapeta approached the woman, who was sitting motionless in the train car and may have been sleeping, and used a lighter to set her clothing on fire. The woman quickly became engulfed in flames, while the suspect then sat at a bench on the subway platform and watched, according to police. Video posted to social media appeared to show the woman standing inside the train ablaze as some people look on from the platform, and at least one officer walks by. NYPD chief of transit Joseph Gulotta said that several officers had responded to the fire and one stayed to keep the crime scene “the way it’s supposed to be” while the others went to get fire extinguishers and transit workers. They were eventually able to douse the fire, but “unfortunately, it was too late”, Police Commissioner Jessica Tisch said — the woman was pronounced dead at the scene. During Zapeta’s court hearing on Tuesday, Assistant District Attorney Ari Rottenberg said Zapeta at one point fanned the flames on the woman using his shirt. He said a 911 call from a subway rider helped identify Zapeta. Mr Rottenberg added that under interrogation Zapeta claimed he did not know what happened, noting that he consumes alcohol. But he alleged that Zapeta identified himself to interrogators in images related to the attack. Zapeta was taken into custody on Sunday afternoon while riding a train on the same subway line after police got a tip from some teenagers who recognised him from images circulated by the police. A Brooklyn address for Zapeta released by police matches a shelter that provides housing and substance abuse support. The shelter did not immediately respond to a request for comment. Federal immigration officials said Zapeta had been previously deported in 2018 but at some point reentered the US illegally. The crime — and the graphic video of it that ricocheted across social media — deepened a growing sense of unease among some New Yorkers about the safety of the subway system in a city where many residents take the subway multiple times each day.