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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. 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. 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. 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/juanlozano70Stoute leads Settlers to third winPresident-elect Donald Trump’s lawyers urge judge to toss his hush money conviction
The City of Boston, Boston Public Schools, and the owners of the NWSL expansion team BOS Nation FC have executed a lease agreement that will allow the team to utilize White Stadium as its home venue since its inaugural season in 2026, the three entities announced on Monday. The announcement, made by Boston Mayor Michelle Wu, Boston Unity Soccer Partners (BUSP) and Boston Public Schools (BPS), will allow the team to play 20 games per year until 2036 at the venue, which will undergo 'the largest investment into BPS Athletics and White Stadium since it opened in 1949." The agreement also includes upgrades to the surrounding 530-acre Franklin Park area, while also expanding public access. Under the terms of the lease, NWSL games cannot take place more than two weekends in a four-week period, and no more than four weekend games per season can start before 5 p.m. The City of Boston and Boston Public Schools will retain ownership of the stadium and will have priority in stadium scheduling. Construction, more than half of which is being funded by BUPS, is expected to begin in January. There remains some opposition to the project, with local residents filing a lawsuit claiming that the project was rushed without adequate community input and violates the state constitution by transferring public land for a private use. "We are more confident than ever that Franklin Park will be protected from their scheme to turn this historic parkland into a colossal sports and entertainment complex." Renee Stacy Welsh, a member of the Franklin Park Defenders, which opposes the project, told the Associated Press. According to the Boston Globe, the City's portion of the renovation amounts to $91 million, pushing the overall cost to around $200m. "White Stadium is a generational opportunity to anchor citywide youth sports, revitalize community programming, and bolster our beloved, historic Franklin Park-all while creating a home for the City of Champions' newest professional team," Mayor Wu said. "I'm so grateful for all the community members, coaches, students, and park lovers who helped shape this project to reflect the community's dreams for the next generation." The lease is for 10 years, with BUPS paying $200,000 in annualized rent during the first season, prorated for the number of months the field will be operational. The second year will see BUPS pay $400,000 annualized rent, in monthly payments, and escalating by 3% each year afterwards. The City and BPS will share in some of the revenues generated by the stadium, including 10% of in-stadium advertising revenues (except field naming rights revenue), 10% of field naming rights revenue, 3% of concessions revenue. "This is an exciting moment for BPS and our student athletes who are so deserving of a world class facility to call home," superintendent of Boston Public Schools Mary Skipper said. "This major investment by the City and Boston Unity Soccer Partners will have direct and lasting benefits for BPS students who will have access to state-of-the-art facilities where they can study, train and compete." BUPS will also direct money towards various community funds, including $500,000 in the first year towards the Annual Community Fund, with 3% increases in subsequent years. "We are incredibly proud that our team's home will be in the heart of the city through this generational public-private-community partnership to revitalize White Stadium," controlling owner of Boston Unity Soccer Partners Jennifer Epstein said. "This transformative milestone enables our club to deliver a lasting, year-round impact for Boston Public School student-athletes while uplifting the surrounding neighborhoods and businesses and providing a world-class facility for our home games. "A renewed White Stadium will honor its historic roots while providing an extraordinary fan experience and we are excited to take the pitch at this iconic venue for our inaugural season in 2026." BUSP will fund the construction of the West Grandstand, public restrooms, NWSL team spaces, scoreboard, stadium lighting, technology system, and the Grove area. The City will carry out construction of the East Grandstand, BPS student athletics spaces, the grass field, and the track. Boston Unity Soccer Partners will be responsible for ongoing operations and maintenance for the team's spaces and all the shared areas of the facility, including the field and track. Prior to demolition of White Stadium, BUSP will fund a $25 million Construction Escrow Account that is restricted exclusively to fund direct construction costs on the site and requires City approval of expenditures. The escrow account cannot be reduced below $10m until total project financing is secured.
Ellomay Capital Announces an Extraordinary General Meeting of ShareholdersBATTLE CREEK — Different year. Same result. The Traverse City St. Francis Gladiators made it back to the Division 3 volleyball state championship final at Battle Creek’s Kellogg Arena for the second straight year. And they left as the runner-up for the second straight year. Monroe St. Mary Catholic Central swept the Gladiators in Saturday’s title bout, winning by a 25-21, 25-20 and 25-15 final that broke the hearts of the St. Francis players, coaches and fans once again. “We’re second in the state. There’s nothing to be ashamed of,” St. Francis head coach Kathleen Nance said. “St. Mary’s played better than we did today. They earned that first-place spot, and we earned second. We were the last two standing. What’s to be ashamed about?” The Gladiators (35-13-3) fought back to tie the first set at 18-18, but the Kestrels (30-4-2) rattled off five consecutive points to take control in the waning moments. St. Francis got to within three at 24-21, but a service error into the net gave St. Mary the 1-0 lead. Riding the momentum, St. Mary quickly jumped out to a 4-0 advantage and maintained control through most of the second set, leading 7-1, 11-4, 18-11 and 21-14 before the Gladiators rallied back to get within three at 22-19. That rally ended as another St. Francis service error into the net gave the Kestrels the set win and a 2-0 lead. With their season on the line, St. Francis came out strong in the third set and grabbed a 2-0 lead. But St. Mary tied it quickly at 2-2 before getting some distance from St. Francis at 9-4. The Gladiators never got back to within striking distance the rest of the way, falling by 10 points in the final set. “St. Mary’s is just an amazing team. They’ve got great ball control. They’ve got great hitters,” Nance said. “We just weren’t able to have an answer for that today.” With her squad down 24-15 in the final set, senior libero Avery Nance pulled her team together and — even with the outcome all but settled — let her fellow Gladiators know how much they mean to her. “I told them that I loved them and that I was proud of them,” she said. “Let’s go out fighting for that last point because that’s who we are. We’re a gritty team, so let’s make it a gritty point. No matter what happens, I love them and we’re going to go out together as a team.” Quinn Yenshaw led the Gladiator attack with 12 kills followed by Lola Brown with eight, Reese Muma with six, Landry Fouch with four, Harper Nausadis with three, and Reese Jones with one. “I’m just grateful for what we’ve accomplished these last two years,” Yenshaw said. “We are so close as a team and love each other so much. ... I’m going to miss the girls who are leaving, but I know we’ll keep the legacy going and keep Gladiator volleyball strong.” Jones was tops in aces with two and in assists with 14 as Avery Nance pitched in with seven assists and Tessah Konas had six helpers. On defense against the high-powered Kestrels, Nance led in digs with 14 followed by Fouch with nine, Yenshaw with eight, Jones with seven, Grace Mason with six, Coco Miller with five, and Nausadis with three. “I feel like we were a little underestimated this year,” Coach Nance said. “This was our only loss to a D3 team this season — this loss today. I don’t think we’ll be underestimated anymore.” The lone D3 loss ends the high school volleyball careers of four senior Gladiators — Avery Nance, Landry Fouch, Tessah Konas and Grace Mason. “No one wants to lose, especially for those that this is their last time to play,” Coach Nance said. “No one wants that, but I’m proud of everything we accomplished this year.” St. Francis brings back a wealth of talent with Jones, Muma, Yenshaw, Brown, Miller, Nausadis and Aubrey Lesinski to go along with a strong JV program and promising stars at the middle-school level, giving the Gladiators a long window to remain contenders. “I want St. Francis volleyball to continue to be an amazing program. There’s so much talent we’re still going to have and so much talent that nobody even got to see today,” Coach Nance said. “We’re going to get there.” Nausadis believes that as well. “Obviously it sucks to lose, but we’re all really proud of each other,” Nausadis said. “This is a huge accomplishment just to make it here. It’s hard to see it right now, but there’s a lot to be proud of. We wanted to win it, but we did this for each other and proved we can make it back.” Nausadis hopes the Gladiators can make it back in 2025. “It will be a different team next year, but we’re going to work as hard as we can,” she said. “We’re going to do our best.”