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sr fc188 panasonic 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. 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 and wiped out more than $2 billion in employee pensions. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release 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 full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but "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 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 claiming all birds are actually government surveillance drones. Peters said she and some other former employees are upset and think the relaunch 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, 74, 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. But Sherron Watkins, Enron’s former vice president of corporate development and the main whistleblower who helped uncover the scandal, said she didn’t have a problem with the joke because comedy “usually helps us focus on an uncomfortable historical event that we’d rather ignore.” “I think we use prior scandals to try to teach new generations what can go wrong with big companies,” said Watkins, who still speaks at colleges and conferences about the Enron scandal. This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” Follow Juan A. Lozano on X at https://x.com/juanlozano70

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South Carolina has won six straight games, and one of the catalysts has been the improved free-throw shooting of Nick Pringle. When South Carolina (9-3) faces Presbyterian (7-7) in the final nonconference game for both teams on Monday in Columbia, S.C., the Gamecocks won't have to hold their breath when Pringle toes the line. During South Carolina's surge, which includes wins over three power conference teams, Pringle has made 26 of 30 (86.7 percent) free-throw attempts. It's a remarkable improvement from his 51.7 percent career success rate entering the season. Last month, in his South Carolina debut after transferring from Alabama, Pringle's foul shooting woes continued as he shot 3-for-8 in stunning 74-71 upset at the hands of the visiting North Florida. But video work with coach Lamont Paris convinced Pringle that he needed to quicken his routine and tweak his set point, which is where a player's eyes focus on the rim. "How long it was taking him to release the ball once he started his free throw process was really long, really, really long," Paris said. "So he shortened it." In a 74-48 win over Radford on Dec. 22, Pringle made all 10 of his free throws. His work at the line is no small matter, as he has taken the second-most free throws on the team (61). Pringle averages 10.3 points and 6.8 rebounds per game, combining with Collin Murray-Boyles (16.2 points, 9.3 rebounds) to give the Gamecocks a formidable duo inside. Presbyterian enters after suffering its first home loss this season, 86-81 in overtime to Manhattan on Dec. 21. It was a frustrating defeat after the Blue Hose led by 19 points in the first half. There was a positive, however, as Carl Parrish delivered 23 points and nine rebounds, both career highs. It was a performance that sixth-year coach Quinton Ferrell has been awaiting. "Seeing him play like that offensively is not a shock to me because that's really what he's capable of," Ferrell said. "He's a big-time offensive player." Parrish combines in the backcourt with the Blue Hose's top two threats: Kory Mincy, who averages 14.9 points and 4.6 assists per game, and Kobe Stewart, who scores at a 14.4 ppg clip. Located just 60 miles apart, South Carolina and Presbyterian (Clinton, S.C.) have a long history, with their first game coming nearly 108 years ago. The Gamecocks lead the series 33-8. --Field Level MediaFootball's lack of unity for rainbow gesture - what does it mean?Israeli drone strikes hit Kamal Adwan Hospital on Tuesday, wounding three medical staff at one of the few hospitals still partially operating in the northernmost part of Gaza , the facility’s director said. Dr. Hossam Abu Safiya said the drones were dropping bombs, spraying shrapnel at the hospital. There was no immediate comment from the Israeli military. In Lebanon, a tenuous ceasefire between Israel and Hezbollah has held despite Israeli forces carrying out several new drone and artillery strikes on Tuesday, killing a shepherd in the country's south. Israeli Prime Minister Benjamin Netanyahu vowed keep striking “with an iron fist” against perceived Hezbollah violations of the ceasefire. Hezbollah began launching rockets, drones and missiles into Israel last year in solidarity with Hamas militants who are fighting in the Gaza Strip. The war in Gaza began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and taking around 250 people hostage . Israel’s blistering retaliatory offensive has killed at least 44,500 Palestinians , more than half of them women and children, according to Gaza’s Health Ministry, which does not say how many of the dead were combatants. Israel says it has killed over 17,000 militants, without providing evidence. The war in Gaza has destroyed vast areas of the coastal enclave and displaced 90% of the population of 2.3 million, often multiple times . Here's the Latest: WASHINGTON — U.S. forces conducted a self-defense strike Tuesday in the vicinity of Mission Support Site Euphrates, a U.S. base in eastern Syria, against three truck-mounted multiple rocket launchers, a T-64 tank and mortars that Pentagon press secretary Maj. Gen. Pat Ryder said presented “a clear and imminent threat” to U.S. troops. The self-defense strike occurred after rockets and mortars were fired that landed in the vicinity of the base, Ryder said. The Pentagon is still assessing who was responsible for the attacks — that there are both Iranian-backed militias and Syrian military forces that operate in the area. Ryder said the attack was not connected to the offensive that is ongoing in Aleppo, where Syrian jihadi-led rebels taken over the country’s largest city. The U.S. has about 900 troops in Syria to conduct missions to counter the Islamic Stage group. CAIRO — Israeli drone strikes hit the Kamal Adwan Hospital in northern Gaza on Tuesday, wounding three medical personnel, the facility’s director said. Dr. Hossam Abu Safiya said the drones were dropping bombs, spraying shrapnel at the hospital, located in the town of Beit Lahiya. There was no immediate comment from the Israeli military. In comments released by Gaza’s Health Ministry, Abu Safiya said one of the injured was in critical condition and was undergoing a complex surgery. “The situation has become extremely dangerous,” he said. “We are exhausted by the ongoing violence and atrocities.” Kamal Adwan Hospital has been struck multiple times over the past two months as Israeli forces have waged a fierce offensive in the area, saying they are rooting out Hamas militants who regrouped there. In October, Israeli forces raided the hospital, saying that militants were sheltering inside and arrested a number of people, including some staff. Hospital officials denied the claim. Abu Safiya was wounded in his thigh and back by an Israeli drone strike on the hospital last month. TEL AVIV, Israel — An Israeli court has ordered Prime Minister Benjamin Netanyahu to take the stand next week in his long-running corruption trial, ending a long series of delays. Netanyahu’s lawyers had filed multiple requests to put off the testimony, arguing first that the war in Gaza prevented him from properly preparing for his testimony, and later that his security could not be guaranteed in the court chamber. In Tuesday’s decision, judges in the Jerusalem district court said that following a security assessment, his testimony will be moved to the Tel Aviv district court. Israeli media said the session would take place in an underground chamber. His testimony in the trial, which began in 2020, is expected to begin on Dec. 10 and to last at least several weeks. Netanyahu is charged with fraud, breach of trust and accepting bribes in three separate scandals involving powerful media moguls and wealthy associates. He denies wrongdoing. NABATIYEH, Lebanon — In destroyed areas of southern Lebanon, residents clearing away rubble on Tuesday said they didn’t trust Israel to abide by the week-old ceasefire with Hezbollah. “The Israelis are breaching the ceasefire whenever they can because they are not committed,” said Hussein Badreddin, a vegetable seller in the southern city of Nabatiyeh, which was pummeled by Israeli airstrikes over several weeks. “This means that they (can) breach any resolution at any time.” Since it began last Wednesday, the U.S.- and French-brokered 60-day ceasefire has been rattled by near daily Israeli strikes, although Israel has been vague about the purported Hezbollah violations that prompted them. Imad Yassin, a trader who owns a clothing shop in Nabatiyeh, said Israel was constantly breaching the ceasefire because Israeli Prime Minister Benjamin Netanyahu wants to continue the displacement of residents of southern Lebanon. “The Israeli enemy was defeated and the truth is that he is trying to get revenge. Netanyahu is trying to displace us as citizens of southern Lebanon,” Yassin said. They spoke as bulldozers cleared streets strewn with rubble and debris from destroyed buildings. Electricians worked to fix power lines in an effort to restore electricity to the city. Both men were displaced by the war and returned to Nabatiyeh on Wednesday, the day the ceasefire went into effect. Yassin found his clothing shop had been destroyed. He said he would wait to see if the state will dispense compensation funds so that he can repair and reopen his business. GAZA CITY, Gaza Strip — Two separate Israeli airstrikes killed at least nine people in Gaza City on Tuesday, Palestinian medical authorities said. Six people, including two children, who were killed when an Israeli strike hit a school sheltering displaced people Tuesday afternoon in the Zaytoun neighborhood, according to the Health Ministry’s emergency services. A second strike hit a residential building in the Sabra neighborhood, killing at least three people, the services said. Israeli forces have almost completely isolated northernmost Gaza since early October, saying they’re fighting regrouped Hamas militants there. That has pushed some families south to Gaza City, while hundreds of thousands more live in the territory's center and south in squalid tent camps, where they rely on international aid. JERUSALEM — Israel's military confirmed it killed a senior member of Hezbollah responsible for coordinating with Syria's army on rearming and resupplying the Lebanese militant group. Syrian state media said a drone strike on Tuesday hit a car in a suburb of the capital Damascus, killing one person, without saying who was killed. Israel's military said he was Salman Nemer Jomaa, describing him as “Hezbollah’s representative to the Syrian military,” and that killing him “degrades both Hezbollah’s presence in Syria and Hezbollah’s ongoing force-building efforts.” Israel has carried out hundreds of strikes on targets inside government-controlled parts of war-torn Syria in recent years. Israel rarely acknowledges its actions in Syria, but it has said that it targets bases of Iran-allied militant groups. Iran supports both Hezbollah and the Syrian government of President Bashar Assad, which is currently fighting to push back jihadi-led insurgents who seized the country’s largest city of Aleppo . TUBAS, West Bank — Israeli soldiers opened fire inside a hospital in the occupied West Bank on Tuesday during a raid to seize the bodies of alleged militants targeted in earlier airstrikes, a Palestinian doctor working at the hospital told The Associated Press. Soldiers entered the Turkish Hospital complex in Tubas after the bodies of two Palestinians killed and one wounded in airstrikes in the northern West Bank on Tuesday were brought there, said Dr. Mahmoud Ghanam, who works in the hospital’s emergency department. The troops briefly handcuffed and arrested Ghanam and another doctor. “The army entered in a brutal way, and they were shooting inside the emergency department,” said Ghanam. “They handcuffed us and took me and my colleague.” The military confirmed that its troops were operating around the hospital searching for those targeted in the airstrikes, which they said had hit a militant cell near the Palestinian town of Al-Aqaba in the Jordan Valley. It denied that troops had entered the hospital building or fired gunshots inside. The soldiers left after learning that the wounded man had been transferred to another hospital, Ghanam said. The soldiers wanted to take the bodies of the two men killed in the strike, but the hospital’s manager refused to hand over the bodies, Ghanam said. Israeli raids on hospitals in the West Bank are rare but have grown more common since the start of the Israel-Hamas war. In Gaza, Israeli troops have systematically besieged, raided and damaged many hospitals. About 800 Palestinians have been killed by Israeli fire in the West Bank since Hamas’ Oct. 7, 2023 attack out of Gaza ignited the war there. Israel has carried out near-daily military raids in the West Bank that it says are aimed at preventing attacks on Israelis — attacks which have also been on the rise. Israel captured the West Bank, the Gaza Strip and east Jerusalem in the 1967 Mideast war. The Palestinians seek all three territories for an independent state. CAIRO — Palestinian officials say Fatah and Hamas are closing in on an agreement to appoint a committee of politically independent technocrats to administer the Gaza Strip after the war . It would effectively end Hamas’ rule and could help advance ceasefire talks with Israel. The rival factions have made several failed attempts to reconcile since Hamas seized power in Gaza in 2007. Israel has meanwhile ruled out any postwar role in Gaza for either Hamas or Fatah, which dominates the Western-backed Palestinian Authority . A Palestinian Authority official on Tuesday confirmed that a preliminary agreement had been reached following weeks of negotiations in Cairo. The official said the committee would have 12-15 members, most of them from Gaza. It would report to the Palestinian Authority, which is headquartered in the Israeli-occupied West Bank, and work with local and international parties to facilitate humanitarian assistance and reconstruction. A Hamas official said that Hamas and Fatah had agreed on the general terms but were still negotiating over some details and the individuals who would serve on the committee. The official said an agreement would be announced after a meeting of all Palestinian factions in Cairo, without providing a timeline. Both officials spoke on condition of anonymity because they were not authorized to brief media on the talks. There was no immediate comment from Israel. Israeli Prime Minister Benjamin Netanyahu has vowed to continue the war until Hamas is dismantled and scores of hostages are returned. He says Israel will maintain open-ended security control over Gaza , with civilian affairs administered by local Palestinians unaffiliated with the Palestinian Authority or Hamas. No Palestinians have publicly volunteered for such a role, and Hamas has threatened anyone who cooperates with the Israeli military. The United States has called for a revitalized Palestinian Authority to govern both the West Bank and Gaza ahead of eventual statehood. The Israeli government is opposed to Palestinian statehood. Associated Press writers Samy Magdy in Cairo and Josef Federman in Jerusalem contributed. NUSEIRAT REFUGEE CAMP, Gaza Strip — Palestinians lined up for bags of flour distributed by the U.N. in central Gaza on Tuesday morning, some of them for the first time in months amid a drop in food aid entering the territory. The U.N. agency for Palestinian refugees, known as UNRWA, gave out one 25-kilogram flour bag (55 pounds) to each family of 10 at a warehouse in the Nuseirat refugee camp, as well as further south in the city of Khan Younis. Jalal al-Shaer, among the dozens receiving flour at the Nuseirat warehouse, said the bag would last his family of 12 for only two or three days. “The situation for us is very difficult,” said another man in line, Hammad Moawad. “There is no flour, there is no food, prices are high ... We eat bread crumbs.” He said his family hadn’t received a flour allotment in five or six months. COGAT, the Israeli army body in charge of humanitarian affairs, said it facilitated entry of a shipment of 600 tons of flour on Sunday for the World Food Program. Still, the amount of aid Israel has allowed into Gaza since the beginning of October has been at nearly the lowest levels of the 15-month-old war. UNRWA’s senior emergency officer Louise Wateridge told The Associated Press that the flour bags being distributed Tuesday were not enough. “People are getting one bag of flour between an entire family and there is no certainty when they’ll receive the next food,” she said. Wateridge added that UNRWA has been struggling like other humanitarian agencies to provide much needed supplies across the Gaza Strip. The agency this week announced it was stopping delivering aid entering through the main crossing from Israel, Kerem Shalom, because its convoys were being robbed by gangs. UNRWA has blamed Israel in large part for the spread of lawlessness in Gaza. The International Criminal Court is seeking to arrest Israeli Prime Minister Benjamin Netanyahu and his former defense minister over accusations of using “starvation as a method of warfare” by restricting humanitarian aid into Gaza. Israel rejects the allegations and says it has been working hard to improve entry of aid. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu says the war isn't over against Hezbollah and vowed to use "an iron fist" against the Lebanese militant group for any perceived violations of a week-old ceasefire. “At the moment we are in a ceasefire, I note — a ceasefire, not the end of the war," Netanyahu said at the start of the government meeting Tuesday. He said the military would retaliate for “any violation — minor or major.” Netanyahu also thanked U.S. President-elect Donald Trump for his recent demands for Hamas to release the remaining Israeli hostages in Gaza. Trump posted on social media Monday that if the hostages are not freed before he takes office in January there would be “HELL TO PAY.” Netanyahu convened Tuesday's meeting in northern Israel, where around 45,000 Israelis had been displaced by the war as of last week, according to the prime minister’s office. Netanyahu said the government was focused on getting them back in their homes and rehabilitating the area. BERLIN — German authorities have arrested a Lebanese man accused of being a member of Hezbollah and working for groups controlled by the militant organization in Germany. Federal prosecutors said the suspect, identified only as Fadel R. in line with German privacy rules, was arrested in the Hannover region on Tuesday. The man is suspected of membership in a foreign terrorist organization and is not accused of direct involvement in any violence. Prosecutors said he joined Hezbollah in the summer of 2008 or earlier and took part in leadership training courses in Lebanon. From 2009, he allegedly had leadership duties in two groups controlled by Hezbollah in the Hannover area, organizing appearances by preachers close to the militants. According to prosecutors, he was briefly a correspondent for a Hezbollah media outlet in 2017 and was tasked with coordinating building work at a mosque. Germany is a staunch ally of Israel. It is also home to a Lebanese immigrant community of more than 100,000. BEIRUT — The Lebanese army is looking for more recruits as it beefs up its presence in southern Lebanon after the Israel-Hezbollah ceasefire. Lebanon’s army is a respected national institution that kept to the sidelines during the nearly 14-month conflict. During an initial 60-day truce, thousands of Lebanese troops are supposed to deploy in southern Lebanon, where U.N. peacekeepers also have a presence. Hezbollah militants are to pull back from areas near the border as Israel withdraws its ground forces. The army said those interested in joining up have a one-month period to apply, starting Tuesday. The Lebanese army has about 80,000 troops, with around 5,000 of them deployed in the south. DAMASCUS, Syria — Syria’s state news agency says a drone strike hit a car in a suburb of the capital, Damascus, killing one person. The agency did not give further details or say who was killed. It said the attack occurred Tuesday on the road leading to the Damascus International Airport south of the city. The area is known to be home to members of Iran-backed militant groups. Israel is believed to have carried out a number of strikes in the area in recent months as it has battled Iran-backed Hezbollah in neighboring Lebanon. Israeli officials rarely acknowledge such strikes. JERUSALEM — Israel’s defense minister warned that if the shaky ceasefire with Hezbollah collapses, Israel will widen its strikes and target the Lebanese state itself. He spoke the day after Israel carried out a wave of airstrikes that killed nearly a dozen people. Those strikes came after the Lebanese militant group fired a volley of projectiles as a warning over what it said were previous Israeli violations. Speaking to troops on the northern border Tuesday, Defense Minister Israel Katz said any violations of the agreement would be met with “a maximum response and zero tolerance.” He said if the war resumes, Israel will widen its strikes beyond the areas where Hezbollah’s activities are concentrated, and “there will no longer be an exemption for the state of Lebanon.” During the 14-month conflict between Israel and Hezbollah, which came to an end last week with a ceasefire brokered by the United States and France, Israel largely refrained from striking critical infrastructure or the Lebanese armed forces, who kept to the sidelines . When Israeli strikes killed or wounded Lebanese soldiers, the Israeli military said it was accidental . The ceasefire agreement that took effect last week gives 60 days for Israel to withdraw its forces from Lebanon and for Hezbollah militants to relocate north of the Litani River. The buffer zone is to be patrolled by Lebanese armed forces and U.N. peacekeepers. Israel has carried out multiple strikes in recent days in response to what it says are violations by Hezbollah. Lebanon’s parliament speaker, Nabih Berri, accused Israel of violating the truce more than 50 times in recent days by launching airstrikes, demolishing homes near the border and violating Lebanon’s airspace. Berri, a Hezbollah ally, had helped mediate the ceasefire. JERUSALEM — Palestinian officials say an Israeli airstrike in the northern West Bank has killed two Palestinians. Israel’s military said it struck a militant cell near the town of Al-Aqaba, in the Jordan Valley. It did not immediately give more details. The Palestinian Health Ministry confirmed the two deaths and said a third person was moderately wounded. About 800 Palestinians have been killed by Israeli fire in the West Bank since Hamas’ Oct. 7, 2023 attack out of Gaza ignited the war there. Israel has carried out near-daily military raids in the West Bank that it says are aimed at preventing attacks on Israelis, which have also been on the rise. Israel captured the West Bank, the Gaza Strip and east Jerusalem in the 1967 Mideast war. The Palestinians want all three territories for an independent state. BEIRUT — Iran’s ambassador to Lebanon made his first public appearance in Beirut since he was wounded in an attack involving exploding pagers in mid-September. Mojtaba Amani, who returned to Lebanon over the weekend after undergoing treatment in Iran, visited on Tuesday the scene south of Beirut where Hezbollah leader Hassan Nasrallah was killed in an Israeli airstrike on Sept. 27. Speaking about the airstrike that destroyed six buildings and killed Nasrallah and others, Amani said Israel should get for its act “the highest medal for sabotage, terrorism, blood and killing civilians.” Amani suffered serious injuries in his face and hands when a pager he was holding exploded in mid-September. The device was one of about 3,000 pagers that exploded simultaneously, killing and wounding many Hezbollah members. A day after the pager attack, a similar attack struck walkie-talkies. In total, the explosions killed at least 37 people and wounded more than 3,000, many of them civilians. Last month, a spokesperson for the office of Israel’s Prime Minister Benjamin Netanyahu said the pager attack was approved by Netanyahu.

Democrats stick with Schumer as leader. Their strategy for countering Trump is far less certain

Salesforce reports upbeat annual guidance after mixed Q3 resultsThe much-anticipated grand finale of the 59th TAGS Awards 2024, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), celebrated excellence in corporate reporting, with a diverse range of organisations – from multinationals and conglomerates to SMEs and NGOs – showcasing their commitment to high standards in financial and non-financial reporting by embracing the principles of transparency, accountability, governance, and sustainability while also leading the way in raising the standards of corporate reporting. Held amidst much celebration at the Shangri-La Colombo on 12 December in the presence of the country’s corporate elite, the event highlighted the transformative role of enriching corporate reporting practices, complemented by a digital edge. Shining at the pinnacle was conglomerate Hayleys PLC, which clinched the coveted Gold award for ‘Overall Excellence in Corporate Reporting,’ while Diesel & Motor Engineering PLC secured the Silver, and both Commercial Bank of Ceylon PLC and Softlogic Life Insurance PLC shared the spotlight by jointly taking home the Bronze. The grand finale was graced by Sri Lanka Japan International Cooperation Agency (JICA) Chief Representative Tetsuya Yamada as Chief Guest and Securities and Exchange Commission of Sri Lanka (SEC) Chairman Senior Prof. D.B.P.H. Dissabandara as Guest of Honour. Also in attendance were CA Sri Lanka President Heshana Kuruppu, Vice President Tishan Subasinghe, Colombo Stock Exchange (CSE) Chairman Dilshan Wirasekara, TAGS Awards Chairperson Chamila Cooray, CA Sri Lanka CEO Lakmali Priyangika, and CSE CEO Rajeeva Bandaranaike. During the grand finale, a total of 10 organisations were recognised as the ‘Top 10’ for their outstanding corporate reporting. The companies were Commercial Bank of Ceylon PLC, Ceylinco Life Insurance Ltd., Diesel & Motor Engineering PLC, Hayleys PLC, Hatton National Bank PLC, John Keells Holdings PLC, LB Finance PLC, People’s Leasing & Finance PLC, Sampath Bank PLC, and Softlogic Life Insurance PLC. In the special awards segment, outstanding achievements in corporate reporting were also celebrated across multiple categories. Under the ‘Corporate Governance Disclosure – Financial Services’ category, Commercial Bank of Ceylon PLC secured the Gold, Hatton National Bank PLC won the Silver, while Softlogic Life Insurance PLC and Ceylinco Life Insurance Ltd. shared the Bronze. In the ‘Corporate Governance Disclosure – Non-Financial Services’ category, Hayleys PLC won Gold, Diesel & Motor Engineering PLC bagged the Silver, and John Keells Holdings PLC earned the Bronze. Hayleys PLC also excelled in the ‘Integrated Reporting’ category, winning Gold, with Diesel & Motor Engineering PLC and Softlogic Life Insurance PLC taking Silver and Bronze, respectively. Similarly, Hayleys PLC also clinched Gold in the ‘Sustainability Reporting’ category, followed by Diesel & Motor Engineering PLC winning the Silver and John Keells Holdings PLC taking the Bronze. The ‘Digitally Transformative Reporting’ category saw Softlogic Life Insurance PLC win the Gold, while Commercial Bank of Ceylon PLC and Diesel & Motor Engineering PLC were joint Silver winners, and Hayleys PLC walked away with the Bronze. Meanwhile, for the first time in the 59-year history of the competition, CA Sri Lanka also integrated Artificial Intelligence (AI) into its evaluation process, underscoring its commitment to innovation and staying at the forefront of global trends. Addressing the gathering, Kuruppu emphasised that numerous technological advancements have been implemented by organisations this year to enhance user-friendly access to information, leveraging artificial intelligence and natural language processing for analysis and interpretation. “While technology drives efficiency, sustainability shapes purpose. The global emphasis on environmental, social, and governance (ESG) considerations has elevated the importance of sustainability in corporate reporting. Although many large-scale corporations and export-oriented businesses have prioritised these efforts, there is still potential for further improvements,” he said, adding that embracing sustainability is not merely a response to global trends but it is a commitment to creating long-term value for all stakeholders. In her speech, Cooray highlighted that, at their best, annual reports excel in disclosure, clarity, and consistency, as they serve as powerful narratives, reflecting an organisation’s values, societal contributions, and roadmap for future growth. She said that these reports are the cornerstone of stakeholder communication, fostering trust, inspiring confidence, and setting benchmarks for responsible corporate conduct. “The TAGS Awards stand as a testament to the importance of these core principles. Since its inception in 1964 under its original banner as the Annual Report Awards, this initiative has inspired organisations for nearly 60 years to achieve the highest standards in reporting,” Cooray said. In addition to the main and special awards, organisations were also honoured across 34 different sectors, showcasing the diversity of corporate reporting excellence across industries.

AP News Summary at 4:54 p.m. EST

4DDiG Christmas Sale 2024: Enjoy Up to 80% Off on Top Software ProductsCiting Hunter Biden pardon, Trump asks judge to dismiss his criminal hush money caseBrazil’s federal police last Thursday formally accused Mr Bolsonaro and 36 other people of attempting a coup. They sent their 884-page report to the Supreme Court, which lifted the seal. “The evidence collected throughout the investigation shows unequivocally that then-president Jair Messias Bolsonaro planned, acted and was directly and effectively aware of the actions of the criminal organisation aiming to launch a coup d’etat and eliminate the democratic rule of law, which did not take place due to reasons unrelated to his desire,” the document said. At another point, it says: “Bolsonaro had full awareness and active participation.” Mr Bolsonaro, who had repeatedly alleged without evidence that the country’s electronic voting system was prone to fraud, called a meeting in December 2022, during which he presented a draft decree to the commanders of the three divisions of the armed forces, according to the police report, signed by four investigators. The decree would have launched an investigation into suspicions of fraud and crimes related to the October 2022 vote, and suspended the powers of the nation’s electoral court. The navy’s commander stood ready to comply, but those from the army and air force objected to any plan that prevented Luiz Inacio Lula da Silva’s inauguration, the report said. Those refusals are why the plan did not go ahead, according to witnesses who spoke to investigators. Mr Bolsonaro never signed the decree to set the final stage of the alleged plan into action. Mr Bolsonaro has repeatedly denied any wrongdoing or awareness of any plot to keep him in power or oust his leftist rival and successor. “No one is going to do a coup with a reserve general and half a dozen other officers. What is being said is absurd. For my part, there has never been any discussion of a coup,” Mr Bolsonaro told journalists in the capital Brasilia on Monday. “If someone came to discuss a coup with me, I’d say, that’s fine, but the day after, how does the world view us?” he added. “The word ‘coup’ has never been in my dictionary.” The top court has passed the report on to prosecutor-general Paulo Gonet. He will decide whether to formally charge Mr Bolsonaro. Rodrigo Rios, a law professor at the PUC university in the city of Curitiba, said Mr Bolsonaro could face up to a minimum of 11 years in prison if convicted on all charges. “A woman involved in the January 8 attack on the Supreme Court received a 17-year prison sentence,” Mr Rios told the Associated Press, noting that the former president is more likely to receive 15 years or more if convicted. “Bolsonaro’s future looks dark.” Ahead of the 2022 election, Mr Bolsonaro repeatedly alleged that the election system, which does not use paper ballots, could be tampered with. The top electoral court later ruled that he had abused his power to cast unfounded doubt on the voting system, and ruled him ineligible for office until 2030. Still, he has maintained that he will stand as a candidate in the 2026 race. Since Mr Bolsonaro left office, he has been targeted by several investigations, all of which he has chalked up to political persecution. Federal police have accused him of smuggling diamond jewellery into Brazil without properly declaring them and directing a subordinate to falsify his and others’ Covid-19 vaccination statuses. Authorities are also investigating whether he incited the riot on January 8 2022 in which his followers ransacked the Supreme Court and presidential palace in Brasilia, seeking to prompt intervention by the army that would oust Mr Lula from power. Mr Bolsonaro had left for the United States days before Mr Lula’s inauguration on January 1 2023 and stayed there for three months, keeping a low profile. The police report unsealed on Tuesday alleges he was seeking to avoid possible imprisonment related to the coup plot, and also await the uprising that took place a week later.


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