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(The Center Square) – Eleven states, led by Texas, have sued the three largest institutional investors in the world for allegedly conspiring to buy coal company stocks to control the market, reduce competition and violate federal and state antitrust laws. The lawsuit was filed in U.S. District Court for the Eastern District of Texas Tyler Division and demands a trial by jury. It names as defendants BlackRock, Inc., State Street Corporation, and Vanguard Group, Inc., which combined manage more than $26 trillion in assets. The companies were sued for “acquiring substantial stockholdings in every significant publicly held coal producer in the United States” in order to gain “power to control the policies of the coal companies,” Texas Attorney General Ken Paxton said. According to the 109-page brief , defendants own 30.43% of Peabody Energy, 34.19% of Arch Resources, 10.85% of NACCO Industries, 28.97% of CONSOL Energy, 29.7% of Alpha Metallurgical Resources, 24.94% of Vistra Energy, 8.3% of Hallador Energy, 31.62% of Warrior Met Coal and 32.87% of Black Hills Corporation. Under the Biden administration, in the past four years, “America’s coal producers have been responding not to the price signals of the free market, but to the commands of Larry Fink, BlackRock’s chairman and CEO, and his fellow asset managers,” the brief states. “As demand for the electricity Americans need to heat their homes and power their businesses has gone up, the supply of the coal used to generate that electricity has been artificially depressed – and the price has skyrocketed. Defendants have reaped the rewards of higher returns, higher fees, and higher profits, while American consumers have paid the price in higher utility bills and higher costs.” Consumer costs went up because the companies “weaponized” their shares to push through a so-called green energy agenda, including reducing coal output by more than half by 2030, the lawsuit alleges. In response, publicly traded coal producers reduced output and energy prices skyrocketed. The companies advanced their policies primarily through two programs, the Climate Action 100 and Net Zero Asset Managers Initiative, signaling “their mutual intent to reduce the output of thermal coal, which predictably increased the cost of electricity for Americans” nationwide, Paxton said. The firms also allegedly deceived thousands of investors “who elected to invest in non-ESG funds to maximize their profits,” Paxton said. “Yet these funds pursued ESG strategies notwithstanding the defendants’ representations to the contrary.” While they allegedly directly restrained competition among the companies whose shares they acquired, “their war on competition has consequences for the entire industry,” the brief states. “Texas will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized ‘environmental’ agenda. BlackRock, Vanguard, and State Street formed a cartel to rig the coal market, artificially reduce the energy supply, and raise prices,” Paxton said. “Their conspiracy has harmed American energy production and hurt consumers. This is a stunning violation of state and federal law.” The lawsuit alleges the companies’ actions violated the Clayton Act, which prohibits any acquisition of stock where “the effect of such acquisition may be substantially to lessen competition;” and the Sherman Antitrust Act of 1890, 15 U.S.C. § 1 in a conspiracy to restrain trade. It also alleges the companies violated state antitrust laws of Texas, Montana and West Virginia; Blackrock also allegedly violated the Texas Business and Commerce Code by committing “false, deceptive, or misleading acts.” It asks the court to rule that the companies violated the federal and state statutes, provide injunctive and equitable relief and prohibit them from engaging in such acts. It requests that civil fines be paid, including requiring Blackrock to pay $10,000 per violation. Joining Paxton in the lawsuit are the attorneys general of Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming. The Buzbee Law Firm and Cooper & Kirk are serving as outside counsel. The companies have yet to issue a statement on the lawsuit. The lawsuit follows one filed by 25 states led by Texas against the Biden administration asking the court to halt a federal ESG policy that could negatively impact the retirement savings of 152 million Americans. It also comes after Texas has listed hundreds of companies and publicly traded investment funds, including Blackrock, on its divestment list for advancing ESG and anti-oil and natural gas policies.Washington State University Vancouver students will soon transform a local art installation into an interactive educational experience, bridging the gap between art, technology and language at the Woodland Community Library . Suspended above the children’s room in the Woodland Community Library is “Phonic Bloom,” an art installation created by Portland-based studio Superfab. This piece repurposed recycled books into a vibrant hanging garden, visually symbolizing the sounds of the International Phonetic Alphabet. Each color-coded bloom represents syllables common to local languages: red for English, yellow for Spanish and blue for Salish — the language spoken by the Cowlitz Tribe for thousands of years. The installation was developed in collaboration with Portland State University linguist Janet Tom Cowell, who worked with Superfab to highlight the shared phonetic elements across these languages. Washington State University Vancouver student and experience team lead James Lesperance showcases a prototype for an app designed to bring an art installation to life through augmented reality during a presentation at WSU Vancouver on Wednesday, Dec. 11. The app allows visitors to interact with an art piece called “Phonic Bloom” at the Woodland library, providing a deeper understanding of phonics in multiple languages. This “data sculpture,” as WSU professor and Digital Technology and Culture lead Dene Grigar explained, presented a special opportunity for her students — developing an augmented reality mobile app to teach visitors about phonics using the installation. Augmented reality uses technology to blend digital content with the real world. The WSU students' app brings “Phonic Bloom” to life similar to the popular mobile app “Pokémon Go.” Visitors can point their phones at the sculpture to see a digital recreation of the garden appear on their screens. Guided by “Bea,” a friendly bee mascot voiced by design team member Bea Calces, users can interact with virtual blooms to learn about the corresponding phonetic sounds. The app features audio and visual representations, including animations of the human vocal system producing sounds like “la” and “shaw.” Mailei Brodniak, the student project manager, described their mission as developing and promoting a mobile app to educate young audiences about phonics. The task came with a steep learning curve, as the team first had to familiarize themselves with the intricacies of phonics before beginning. The students had 16 weeks — one semester — to complete their work. “We had the job of taking that sculpture and then bringing it down to our level and making it so that people from children to families could interact with it and actually understand what it’s saying,” Brodniak said Each year, Digital Technology and Culture students are tasked with a 16-week project using their skillsets to showcase their work on resumes or portfolios. The students learn a variety of skills ranging from videography to game design, choosing one category to be their “superpower.” Their main chosen skill is their focus for the senior project, giving students a chance to add to their portfolio before graduation. “The senior seminar is like a finishing school slash boot camp ... getting them to polish themselves, refine their skills and begin to feel confident so they can have a successful interview. It’s about turning out successful thinkers, makers and doers,” Grigar said. The senior seminar split its 18 students into four teams: • A design team, which conceptualized the app’s appearance and functionality • An experience team, which developed the app, implementing its interactive features • A web development team, which created a complementary website detailing the project’s history and features. • A social media team, which promoted the project across social media The design and experience teams crafted 15 unique 3D models, 26 animations and 20 audio components, supported by over 2,000 lines of code for the project. Student Evan Leyden took on the intricate task of animating a realistic depiction of human vocal anatomy for the app. “I spent over 12 hours just researching the kinematics of how we actually move everything inside our mouth to make sure that the animation was accurate, as well as looking for just the right [animation] plug-in [so] this [Magnetic Resonance Imaging] has fully articulated lips, tongue, velum, jaw and larynx,” Leyden said. The web development team supplemented the app with an interactive website, featuring an interactive phonetic chart and resources about the installation. Meanwhile, the social media team chronicled the project’s development across Instagram, TikTok and LinkedIn, garnering over 200,000 views and 2,000 engagements. In a Dec. 11 presentation at WSU Vancouver, students demonstrated the fully functional mobile app as attendees watched the interactive experience. Brodniak emphasized the teamwork that was key to the project’s success. “The thing I’m most proud of is how everyone just came together. Everyone communicated so well, and everyone was so friendly with each other. There’s a lot of unity, which you would hope for since we’re making a project about community, but we were able to foster one,” She said. As part of their coursework, each student incorporated their contributions into their resumés and portfolios, participating in mock interviews with local employers. Brodniak, who also worked on the social media team, plans to pursue roles in social media or project management. “This experience gave me a lot of confidence in being a project manager, so I wouldn’t be opposed to working in the management side of things either,” she added. “There is so much here that we created and that we can bring with us moving forward into the career space.” The Phonic Bloom app will launch by the end of 2024. Readers can download the app and learn more about the project at dtc-wsuv.org/projects/phonic-bloom/index.html . The Phonic Bloom art piece can be found at the Woodland Community Library, which is open from 10 a.m. to 6 p.m. Monday through Saturday at 411 Lakeshore Dr. Get our local education coverage delivered directly to your inbox.panaloko free 99 。

Published 10:22 pm Sunday, December 29, 2024 By Data Skrive Today’s NBA schedule features several top-tier games, including the matchup between the Dallas Mavericks and the Sacramento Kings. Looking for additional betting info for today’s NBA action? We’ve got you covered with odds for each of the big games in the article below. Sign up for NBA League Pass to get access to games, live and on-demand, and more for the entire season and offseason. Watch ESPN originals, The Last Dance and more NBA content on ESPN+. Use our link to sign up for ESPN+ or the Disney bundle. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Louisiana Tech coach Sonny Cumbie knows how to pull off a bowl game upset. Flash back to the 2004 Holiday Bowl, when Cumbie threw for 520 yards to lead No. 23 Texas Tech to a 45-31 win over Aaron Rodgers, Marshawn Lynch and No. 4 California. Twenty years later, Cumbie hopes to engineer another postseason surprise as Louisiana Tech (5-7) is a prohibitive underdog against No. 22 Army (11-2) in the Independence Bowl on Saturday in Shreveport, La. The Bulldogs weren't supposed to be a part of this game. They are a replacement for Marshall (10-3), which withdrew because of the exodus of at least 25 players through the transfer portal. Enter Louisiana Tech, which adds local flavor as Shreveport is an hour drive from the Bulldogs' campus in Ruston. Cumbie said that the seniors were especially excited after they had left campus for the holiday break figuring their college careers were over. "The first guys we got on the phone with were the seniors," Cumbie said. "They thought it was like a prank call. They thought we were jacking with them." Louisiana Tech is dealing with 16 portal losses, including several linemen from a defense which allowed 301.9 yards per game, the best mark in Conference USA. Defensive lineman David Blay, who led the Bulldogs in sacks (6.5) and tackles for a loss (10.5), has committed to Miami. Offensively, Louisiana Tech averages just 3.0 yards per carry. The Bulldogs rely more on Evan Bullock, who has thrown for 1,932 yards and 14 touchdowns with just two interceptions. Army has an opportunity to finish the season on a positive note after surrendering the Commander-in-Chief's Trophy in a deflating 31-13 loss to Navy on Dec. 14. It's also a chance for Bryson Daily to rebound as he threw three interceptions against Navy after tossing just one previously in the regular season. Daily, who finished sixth in voting for the Heisman Trophy, is the bell cow in Army's rush-heavy triple-option offense. He has carried for 1,532 yards and 29 touchdowns and has also thrown for nine scores. Army will be without its second-best running threat, Kanye Udoh, who announced his transfer to Arizona State hours after the Navy game, prompting Black Knights coach Jeff Monken to call the transfer landscape "off the rails." "I don't think it's healthy to have a transfer portal window open during the season," Monken said. Udoh rushed for 1,117 yards and 10 touchdowns this season. If Army can handle Louisiana Tech, it will finish with 12 wins, which would be the most in a season in program history, even if it didn't get the one it wanted the most. "Anytime you get your butt whipped, you want to get back out there and prove that's not who we are," Monken said. This will be Louisiana Tech's first bowl appearance since 2020 and its sixth time in the Independence Bowl, where it has a 3-2 record. Army was last in a bowl game in 2021, and this is its second appearance in the Independence Bowl. In its first appearance, it lost to Auburn 32-29 in 1996. Army and Louisiana Tech have met twice before, with the Black Knights winning both matchups in 2008 and 2013. --Field Level Media

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11 states sue three largest institutional investors for anticompetitive trade practices

11 states sue three largest institutional investors for anticompetitive trade practices

(The Center Square) – Eleven states, led by Texas, have sued the three largest institutional investors in the world for allegedly conspiring to buy coal company stocks to control the market, reduce competition and violate federal and state antitrust laws. The lawsuit was filed in U.S. District Court for the Eastern District of Texas Tyler Division and demands a trial by jury. It names as defendants BlackRock, Inc., State Street Corporation, and Vanguard Group, Inc., which combined manage more than $26 trillion in assets. The companies were sued for “acquiring substantial stockholdings in every significant publicly held coal producer in the United States” in order to gain “power to control the policies of the coal companies,” Texas Attorney General Ken Paxton said. According to the 109-page brief , defendants own 30.43% of Peabody Energy, 34.19% of Arch Resources, 10.85% of NACCO Industries, 28.97% of CONSOL Energy, 29.7% of Alpha Metallurgical Resources, 24.94% of Vistra Energy, 8.3% of Hallador Energy, 31.62% of Warrior Met Coal and 32.87% of Black Hills Corporation. Under the Biden administration, in the past four years, “America’s coal producers have been responding not to the price signals of the free market, but to the commands of Larry Fink, BlackRock’s chairman and CEO, and his fellow asset managers,” the brief states. “As demand for the electricity Americans need to heat their homes and power their businesses has gone up, the supply of the coal used to generate that electricity has been artificially depressed – and the price has skyrocketed. Defendants have reaped the rewards of higher returns, higher fees, and higher profits, while American consumers have paid the price in higher utility bills and higher costs.” Consumer costs went up because the companies “weaponized” their shares to push through a so-called green energy agenda, including reducing coal output by more than half by 2030, the lawsuit alleges. In response, publicly traded coal producers reduced output and energy prices skyrocketed. The companies advanced their policies primarily through two programs, the Climate Action 100 and Net Zero Asset Managers Initiative, signaling “their mutual intent to reduce the output of thermal coal, which predictably increased the cost of electricity for Americans” nationwide, Paxton said. The firms also allegedly deceived thousands of investors “who elected to invest in non-ESG funds to maximize their profits,” Paxton said. “Yet these funds pursued ESG strategies notwithstanding the defendants’ representations to the contrary.” While they allegedly directly restrained competition among the companies whose shares they acquired, “their war on competition has consequences for the entire industry,” the brief states. “Texas will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized ‘environmental’ agenda. BlackRock, Vanguard, and State Street formed a cartel to rig the coal market, artificially reduce the energy supply, and raise prices,” Paxton said. “Their conspiracy has harmed American energy production and hurt consumers. This is a stunning violation of state and federal law.” The lawsuit alleges the companies’ actions violated the Clayton Act, which prohibits any acquisition of stock where “the effect of such acquisition may be substantially to lessen competition;” and the Sherman Antitrust Act of 1890, 15 U.S.C. § 1 in a conspiracy to restrain trade. It also alleges the companies violated state antitrust laws of Texas, Montana and West Virginia; Blackrock also allegedly violated the Texas Business and Commerce Code by committing “false, deceptive, or misleading acts.” It asks the court to rule that the companies violated the federal and state statutes, provide injunctive and equitable relief and prohibit them from engaging in such acts. It requests that civil fines be paid, including requiring Blackrock to pay $10,000 per violation. Joining Paxton in the lawsuit are the attorneys general of Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming. The Buzbee Law Firm and Cooper & Kirk are serving as outside counsel. The companies have yet to issue a statement on the lawsuit. The lawsuit follows one filed by 25 states led by Texas against the Biden administration asking the court to halt a federal ESG policy that could negatively impact the retirement savings of 152 million Americans. It also comes after Texas has listed hundreds of companies and publicly traded investment funds, including Blackrock, on its divestment list for advancing ESG and anti-oil and natural gas policies.Morrissey throws 67-yard TD pass to Calwise Jr. to lift Eastern Kentucky over North Alabama 21-15

The Friday college basketball slate is stacked and Underdog Fantasy promo code BETFPB guarantees a 50% deposit bonus up to $1,000 to all new customers. Wager on college basketball props for all available games including: Simply register using our Underdog Fantasy promo code BETFPB , then make an initial deposit. That investment will be matched 50% of the way up to $1,000. If you seek an alternative to sportsbooks or you aren't in a legal betting state, Underdog is for you. It's widely available and offers the chance to combine multiple Higher or Lower (Over/Under) picks into a single entry, just like a parlay. Underdog also has live props throughout the game. Registering by clicking one of our links or entering Underdog Fantasy promo code BETFPB while signing up means qualifying for a bonus up to $1,000 once you register and make an initial deposit, which Underdog matches 50% of the way. Note: This Underdog Fantasy bonus is available in AL, AK, AZ, AR, CA, CO, DC, FL, GA, IL, IN, KS, KY, MA, MN, MS, NE, NM, NY, NC, ND, OK, OR, RI, SC, SD, TX, UT, VT, VA, WI, WY & All Canadian Provinces except ON. All new customers can earn up to $1,000 in bonuses to play with at Underdog. Follow the steps listed below to claim the promo: The bonus will land in your account within 72 hours and must be used within 60 days. This is a great way to test out the platform. Underdog Fantasy is available in over 30 states including many without legal sports betting. If you live in an eligible state, you can take full advantage of the platform and sign up to play fun daily fantasy contests. In the run up to Thanksgiving, the college basketball slate is packed with holiday tournaments and wall-to-wall action. As a result, there are several appetizing games every day and perhaps none more so than No. 17 Arizona vs. No. 12 Duke (10:30 p.m. ET on ESPN2). The schedule includes: Duke is 3-1 but is playing its first game away from home while Arizona is 2-0 and remains in the friendly confines of the McKale Center for this one. Arizona is a slim 1.5-point favorite with the total at 161 points at DraftKings. Claim $1,000 deposit bonus from Underdog Fantasy Each game houses plenty of college football player props and for each one, bettors must choose Higher or Lower on the total set by Underdog. This includes points, rebounds, assists, stat combinations and more. From there, make between 2 and 8 selections to put into an entry, with the payouts increasing with each added selection. For entries of three selections or more, a 'flex' option is available that will pay out a portion of winnings even if one of your selections falls short. Please note that college football props may be limited to select states, so check your local listings on the Underdog app. There are a variety of contests that users can enter on the Underdog Fantasy platform. These are different game styles that let users test their knowledge in different ways. After you take advantage of the Underdog Fantasy promo bonus using the code BETFPB , you will see all of these different game types offered to you. There are two main contests that are used for contests at Underdog Fantasy. They are the Pick ‘Em contest and the Draft contest. They work as follows. You must be over 21 to play. Gambling Problem? Call 1-800-522-4700. 1-800 GAMBLER. Brian Sausa is a New York-based content creator for Catena Media with an extensive betting history and several years of iGaming industry experience. A journalism graduate with a ranging sports background, Brian’s previous employment includes the flagship sites for multiple professional leagues including the MLB and NHL. Get local news delivered to your inbox!

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11 states sue three largest institutional investors for anticompetitive trade practicesSinn Fein actively pursuing route into government, insists leader McDonald