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Clintons urge voters agitated by today's politics to remain involved in public serviceMany people are wondering: how is it that, in 2024, voters in the United States elected a twice-impeached convicted felon with multiple indictments in other cases — who led an insurrection to overthrow the U.S. government on Jan. 6, 2021 — to lead us again? The answer is multi-layered, but there’s no doubt that “low-information voters” — those who pay little attention to politics — were courted by Trump even more aggressively this time, and to great effect. Gaslighting, lies and disinformation have been a tactic of the Republican Party for years, but Trump and his team took this to new levels. Certainly the case can be made that, if low-information voters had truly been voting for a better economy and their own self-interests, they would have cast their ballots for Kamala Harris, not Donald Trump. Instead, it was Trump’s messaging that prevailed. During his first term, Trump presided over the “deconstruction of the administrative state.” This included, in 2018, disbanding the pandemic response unit established by President Barack Obama in the aftermath of the Ebola epidemic. Housed within the National Security Council, its purpose was to help prevent and mitigate global outbreaks of disease. Two years later we experienced the COVID-19 pandemic, which led to more than 400,000 deaths during Trump’s administration. Trump’s deregulation agenda, underplaying of the pandemic, unwillingness to implement federal mask and vaccine mandates, and stream of misinformation about the virus further spiraled the economy. That decline prolonged the pandemic and exacerbated an economic downturn that resulted in high inflation and supply chain issues across the globe. While the Republicans blame President Joe Biden for inflation, supply shortages imposed by the pandemic and exacerbated by the Russia-Ukraine war are ultimately to blame, as is corporate greed. Moreover, 16 Nobel Prize-winning economists have warned that Trump’s promised tariff policies will increase inflation. The American economy under Biden is, by all economic indicators, actually thriving, with low unemployment, rising wages and steep stock market gains. Low-information voters were played. The modern Republican Party is the party of the wealthy and big business. It aims to reduce corporate income tax and income tax on the highest earning individuals, passing these costs on to the middle class and downsizing much-needed programs including Medicare and Social Security. The national debt increased significantly during Trump’s term in office, as it has under previous Republican presidents. That’s because Republican administrations continue to spend, while lowering revenues by cutting taxes for high-earners and corporations. The national debt under Ronald Reagan rose by more than $1.6 trillion, or 160.8 percent; Trump added $6.7 trillion or 33.1 percent in his four years. Maybe that’s why Republicans no longer talk about the national debt. While it will take many years and a massive effort to inform and educate the low-information voter, the Democratic Party must begin now if it is to have any chance of success. The forces of dark money in politics, misinformation and disinformation, conspiracy theories, tribalism, vast ignorance and anti-intellectualism are stacked against us. One thing is certain: if the Democratic Party doesn’t revamp its messaging strategy, it will continue to suffer at the polls, and the country will continue its downward slide toward authoritarianism and dysfunction. The Democratic establishment must give way to new ideas on how to educate working-class and low-information voters.bmy88 deposit 。

Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock, according to its proposal made public Monday. The presentation to Macy’s shareholders comes after Barington Capital, which has stakes in such brands as Victoria’s Secret, Hanes and Dillard’s, has built an undisclosed stake in Macy’s. Barington said it has partnered with property owner Thor Equities. They said that Macy’s shares are undervalued, and that its real estate, including its Macy’s flagship at Herald Square, is worth between $5 billion and $9 billion. They believe Macy’s should create a separate real estate unit to collect market rents from Macy’s retail operations and pursue other asset sale and redevelopment opportunities. Macy’s shares fell 4% in morning trading, and they have fallen 12% so far this year and closed on Friday at $16.43. The company is expected to report its fiscal third quarter earnings Wednesday after it announced it is delaying its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years. As part of the proposals, Barington and Thor are urging Macy’s to cut capital expenditures to between 1.5%to 2% of total sales from the current 4% and repurchase at least $2 billion to $3 billion in stock over the next three years. | Such changes could lead to a 150% to 200% total return for Macy’s stockholders over the next three years, they said. “We seek to be value-added stockholders at Macy’s that can bring fresh perspectives to the company, especially in the areas of capital allocation, merchandising and retail, and real estate,” said Joseph Sitt, chairman of Thor, and James Mitarotonda, chairman of Barington, in a joint statement. Barington said in the presentation that Macy’s should look at publicly traded Dillard’s as an example of how to prudently cut expenses and deliver strong returns to shareholders. Dillard’s shares are up 10% since the beginning of the year. Macy’s has had to confront other activist shareholders looking to make changes as the company struggles with sluggish sales and increased competition from discounters and online behemoth Amazon. In July, it cut off monthslong buyout talks with two investment firms, saying the bid was inadequate and the financing was not certain. Macy’s said those bidders, Arkhouse Management and Brigade Capital Management, failed to provide it with additional information by its June 25 deadline, including the highest price they would be willing to pay. In April, Macy’s named two independent directors to its board backed by Arkhouse, ending a fight to replace most of the board and to acquire the chain. Macy’s CEO Tony Spring took the helm Feb. 4 and then later that month he announced a plan to close 150 stores . It also announced plans to upgrade 350 stores, with plans to add more salespeople to fitting areas and shoe departments, while adding more visual displays like mannequins. The Macy’s stores targeted for closure accounted for 25% of overall square footage but less than 10% of its sales, the company had said. In a statement, Macy’s said that its board and management team are committed to “delivering sustainable, profitable growth and driving shareholder value.” “We have consistently demonstrated open-mindedness, including with respect to regularly reviewing the company’s strategy and capital allocation framework and exploring all paths to enhance value,” the company said Monday. It said it remained confident in its new strategy to cut stores and to upgrade others and expects to share full details of its progress on Wednesday. It also said it looks forward to engaging with its shareholders including Barington and Thor, as it further advances its initiatives and execute toward its long-term goals. —Anne D’Innocenzio, AP retail writer The extended deadline for Fast Company’s World Changing Ideas Awards is this Friday, December 13, at 11:59 p.m. PT. Apply today.Judith Graham | (TNS) KFF Health News Carolyn Dickens, 76, was sitting at her dining room table, struggling to catch her breath as her physician looked on with concern. “What’s going on with your breathing?” asked Peter Gliatto, director of Mount Sinai’s Visiting Doctors Program. “I don’t know,” she answered, so softly it was hard to hear. “Going from here to the bathroom or the door, I get really winded. I don’t know when it’s going to be my last breath.” Dickens, a lung cancer survivor, lives in central Harlem, barely getting by. She has serious lung disease and high blood pressure and suffers regular fainting spells. In the past year, she’s fallen several times and dropped to 85 pounds, a dangerously low weight. And she lives alone, without any help — a highly perilous situation. This is almost surely an undercount, since the data is from more than a dozen years ago. It’s a population whose numbers far exceed those living in nursing homes — about 1.2 million — and yet it receives much less attention from policymakers, legislators, and academics who study aging. Consider some eye-opening statistics about completely homebound seniors from a study published in 2020 in JAMA Internal Medicine : Nearly 40% have five or more chronic medical conditions, such as heart or lung disease. Almost 30% are believed to have “probable dementia.” Seventy-seven percent have difficulty with at least one daily task such as bathing or dressing. Almost 40% live by themselves. That “on my own” status magnifies these individuals’ already considerable vulnerability, something that became acutely obvious during the covid-19 outbreak, when the number of sick and disabled seniors confined to their homes doubled. “People who are homebound, like other individuals who are seriously ill, rely on other people for so much,” said Katherine Ornstein, director of the Center for Equity in Aging at the Johns Hopkins School of Nursing. “If they don’t have someone there with them, they’re at risk of not having food, not having access to health care, not living in a safe environment.” Related Articles Health | Weight loss drugs like Ozempic, Wegovy are all the rage. Are they safe for kids? Health | Rural governments often fail to communicate with residents who aren’t proficient in English Health | Who gets obesity drugs covered by insurance? In North Carolina, it helps if you’re on Medicaid Health | How the FDA allows companies to add secret ingredients to our food Health | US health panel adds self-testing option for cervical cancer screening Research has shown that older homebound adults are less likely to receive regular primary care than other seniors. They’re also more likely to end up in the hospital with medical crises that might have been prevented if someone had been checking on them. To better understand the experiences of these seniors, I accompanied Gliatto on some home visits in New York City. Mount Sinai’s Visiting Doctors Program, established in 1995, is one of the oldest in the nation. Only 12% of older U.S. adults who rarely or never leave home have access to this kind of home-based primary care. Gliatto and his staff — seven part-time doctors, three nurse practitioners, two nurses, two social workers, and three administrative staffers — serve about 1,000 patients in Manhattan each year. These patients have complicated needs and require high levels of assistance. In recent years, Gliatto has had to cut staff as Mount Sinai has reduced its financial contribution to the program. It doesn’t turn a profit, because reimbursement for services is low and expenses are high. First, Gliatto stopped in to see Sandra Pettway, 79, who never married or had children and has lived by herself in a two-bedroom Harlem apartment for 30 years. Pettway has severe spinal problems and back pain, as well as Type 2 diabetes and depression. She has difficulty moving around and rarely leaves her apartment. “Since the pandemic, it’s been awfully lonely,” she told me. When I asked who checks in on her, Pettway mentioned her next-door neighbor. There’s no one else she sees regularly. Pettway told the doctor she was increasingly apprehensive about an upcoming spinal surgery. He reassured her that Medicare would cover in-home nursing care, aides, and physical therapy services. “Someone will be with you, at least for six weeks,” he said. Left unsaid: Afterward, she would be on her own. (The surgery in April went well, Gliatto reported later.) The doctor listened carefully as Pettway talked about her memory lapses. “I can remember when I was a year old, but I can’t remember 10 minutes ago,” she said. He told her that he thought she was managing well but that he would arrange testing if there was further evidence of cognitive decline. For now, he said, he’s not particularly worried about her ability to manage on her own. Several blocks away, Gliatto visited Dickens, who has lived in her one-bedroom Harlem apartment for 31 years. Dickens told me she hasn’t seen other people regularly since her sister, who used to help her out, had a stroke. Most of the neighbors she knew well have died. Her only other close relative is a niece in the Bronx whom she sees about once a month. Dickens worked with special-education students for decades in New York City’s public schools. Now she lives on a small pension and Social Security — too much to qualify for Medicaid. (Medicaid, the program for low-income people, will pay for aides in the home. Medicare, which covers people over age 65, does not.) Like Pettway, she has only a small fixed income, so she can’t afford in-home help. Every Friday, God’s Love We Deliver, an organization that prepares medically tailored meals for sick people, delivers a week’s worth of frozen breakfasts and dinners that Dickens reheats in the microwave. She almost never goes out. When she has energy, she tries to do a bit of cleaning. Without the ongoing attention from Gliatto, Dickens doesn’t know what she’d do. “Having to get up and go out, you know, putting on your clothes, it’s a task,” she said. “And I have the fear of falling.” The next day, Gliatto visited Marianne Gluck Morrison, 73, a former survey researcher for New York City’s personnel department, in her cluttered Greenwich Village apartment. Morrison, who doesn’t have any siblings or children, was widowed in 2010 and has lived alone since. Morrison said she’d been feeling dizzy over the past few weeks, and Gliatto gave her a basic neurological exam, asking her to follow his fingers with her eyes and touch her fingers to her nose. “I think your problem is with your ear, not your brain,” he told her, describing symptoms of vertigo. Because she had severe wounds on her feet related to Type 2 diabetes, Morrison had been getting home health care for several weeks through Medicare. But those services — help from aides, nurses, and physical therapists — were due to expire in two weeks. “I don’t know what I’ll do then, probably just spend a lot of time in bed,” Morrison told me. Among her other medical conditions: congestive heart failure, osteoarthritis, an irregular heartbeat, chronic kidney disease, and depression. Morrison hasn’t left her apartment since November 2023, when she returned home after a hospitalization and several months at a rehabilitation center. Climbing the three steps that lead up into her apartment building is simply too hard. “It’s hard to be by myself so much of the time. It’s lonely,” she told me. “I would love to have people see me in the house. But at this point, because of the clutter, I can’t do it.” When I asked Morrison who she feels she can count on, she listed Gliatto and a mental health therapist from Henry Street Settlement, a social services organization. She has one close friend she speaks with on the phone most nights. “The problem is I’ve lost eight to nine friends in the last 15 years,” she said, sighing heavily. “They’ve died or moved away.” Bruce Leff, director of the Center for Transformative Geriatric Research at the Johns Hopkins School of Medicine, is a leading advocate of home-based medical care. “It’s kind of amazing how people find ways to get by,” he said when I asked him about homebound older adults who live alone. “There’s a significant degree of frailty and vulnerability, but there is also substantial resilience.” With the rapid expansion of the aging population in the years ahead, Leff is convinced that more kinds of care will move into the home, everything from rehab services to palliative care to hospital-level services. “It will simply be impossible to build enough hospitals and health facilities to meet the demand from an aging population,” he said. But that will be challenging for homebound older adults who are on their own. Without on-site family caregivers, there may be no one around to help manage this home-based care. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.

YYAI stock touches 52-week low at $2.51 amid market challenges

Investors with a lot of money to spend have taken a bullish stance on Amgen AMGN . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMGN, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 11 uncommon options trades for Amgen. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 36%, bearish. Out of all of the special options we uncovered, 6 are puts, for a total amount of $372,685, and 5 are calls, for a total amount of $171,796. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $282.5 for Amgen, spanning the last three months. Insights into Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Amgen's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Amgen's substantial trades, within a strike price spectrum from $220.0 to $282.5 over the preceding 30 days. Amgen Call and Put Volume: 30-Day Overview Significant Options Trades Detected: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume AMGN PUT SWEEP BULLISH 12/20/24 $4.05 $3.85 $3.85 $270.00 $152.0K 1.3K 822 AMGN PUT SWEEP BULLISH 12/20/24 $4.3 $3.95 $3.95 $270.00 $54.9K 1.3K 148 AMGN PUT SWEEP NEUTRAL 12/20/24 $3.1 $2.86 $2.98 $267.50 $50.4K 625 170 AMGN PUT SWEEP NEUTRAL 12/20/24 $3.75 $2.69 $2.94 $267.50 $45.0K 625 180 AMGN PUT SWEEP BULLISH 12/20/24 $4.25 $3.85 $3.85 $270.00 $43.8K 1.3K 427 About Amgen Amgen is a leader in biotechnology-based human therapeutics. Flagship drugs include red blood cell boosters Epogen and Aranesp, immune system boosters Neupogen and Neulasta, and Enbrel and Otezla for inflammatory diseases. Amgen introduced its first cancer therapeutic, Vectibix, in 2006 and markets bone-strengthening drug Prolia/Xgeva (approved 2010) and Evenity (2019). The acquisition of Onyx bolstered the firm's therapeutic oncology portfolio with Kyprolis. Recent launches include Repatha (cholesterol-lowering), Aimovig (migraine), Lumakras (lung cancer), and Tezspire (asthma). The 2023 Horizon acquisition brings several rare-disease drugs, including thyroid eye disease drug Tepezza. Amgen also has a growing biosimilar portfolio. Following our analysis of the options activities associated with Amgen, we pivot to a closer look at the company's own performance. Amgen's Current Market Status Currently trading with a volume of 1,698,248, the AMGN's price is down by -0.17%, now at $272.95. RSI readings suggest the stock is currently may be approaching oversold. Anticipated earnings release is in 54 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you want to stay updated on the latest options trades for Amgen, Benzinga Pro gives you real-time options trades alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Manhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”(Bloomberg) — The founder of the troubled device rental startup Grover who was forced out of the company a year ago is trying to stage a comeback by fighting a restructuring effort that may wipe out the value of investors’ equity. Michael Cassau, who created Grover in 2015 and left his post as chief executive officer last year after investors lost confidence in his leadership, is asking shareholders to now hand him their stakes in the German company so he can build a majority position, according to a presentation reviewed by Bloomberg. In exchange, he’s promising to issue them a deferred payment that values the startup at as much as €900 million ($945 million) if he can turn it around and achieve certain growth targets, the documents show. Cassau is looking to head off a plan by the startup’s current management team to restructure Grover’s debt in a way that he says would wipe out the value that existing equity holders have in the company, according to the presentation and people familiar with the situation, who asked not to be identified because the information is not public. Grover has used up half of its share capital, the money a company raises by issuing stock in its business, and plans to give investors an update on the state of restructuring efforts at a Dec. 17 meeting, a company notice reviewed by Bloomberg shows. Helge Reich, an attorney representing Grover, didn’t respond to multiple requests for comment on Cassau’s proposal. The company declined to provide comment on its restructuring efforts. “Due to the usual confidentiality obligations, I cannot comment on any correspondence regarding my involvement in the company,” Cassau, who currently owns 12.5% of Grover, said by email. “I still consider Grover to be a company with enormous potential and believe that under my leadership, Grover can be one of the leading startups in Germany, Europe and worldwide.” Grover’s financial troubles echo many startups in Germany that achieved massive valuations when low interest rates at the start of the decade helped fuel cash-burning operations. Grover said in 2021 it was valued at over $1 billion, before false starts like a failed push into the US market and rising interest rates left it with a heavy debt burden. German-speaking countries are on track to have fewer technology unicorns this year for the first time since 2015, according an October report by boutique investment bank Clipperton. Grover has hired US investment bank Houlihan Lokey Inc. to advise on restructuring its debt, according to documents reviewed by Bloomberg and people familiar with the matter. Consultants McKinsey & Co. and AlixPartners are also advising the startup, according to the presentation and a person familiar with the situation. Spokespeople for Houlihan Lokey, AlixPartners and McKinsey declined to comment. The company has raised at least €800 million in debt funding in Europe and $250 million in the US, according to a press release Grover issued in September 2022. It identified M&G and Fasanara Capital in statements as among its lenders. A spokesperson for M&G declined to comment. Fasanara didn’t respond to multiple requests for comment. Cassau is calling for votes at the Dec. 17 meeting to dismiss interim Chief Executive Officer Linda Rubin and Chairman Franco Danesi and reinstate himself at the company’s helm, according to documents reviewed by Bloomberg. By German law, these items must be added to the agenda. Under Cassau’s plan, Grover would raise $150 million with a new convertible loan and restructure asset-backed debt in the first quarter of 2025 while cutting payroll, general and administrative expenses by at least 75%, the presentation shows. The size of the payment to current equity holders who sign on to Cassau’s program is contingent on Grover improving its valuation, according to the proposal. Since Cassau left, Rubin has taken several cost-saving measures, including pulling the company out of the US market, scrapping new products and slashing staff by about one-third to 300 workers, according to press releases and local media reports. Grover said it raised money in July with €50 million in a bridge financing round from investors including Circularity Capital, Energy Impact Partners and Korelya. German newspaper Handelsblatt reported at the time that the funding deal cut the company’s valuation to less than $1 billion. —With assistance from Libby Cherry.

[Source: Reuters] At tea on day one of the first test in Perth, India’s stand-in skipper Jasprit Bumrah would have been ruing his decision to bat first after his side were skittled for 150 by Australia’s experienced seam attack. But in a fiery display of fast bowling in the final session, Bumrah (4-17) managed to turn the game on its head, sending three of Australia’s top-four packing in the first seven overs. The home team reached 67-7 at stumps on a frenetic 17-wicket day, still trailing by 83 and in danger of falling short of their lowest-ever total against India — 83, recorded in 1981. Debutant Nathan McSweeney (10) was his first victim, judged lbw on review, while Usman Khawaja was next, caught-behind for eight. Steve Smith was beaten for speed one ball later, trapped leg-before for nought. The 30-year-old held himself back, picking up a fourth wicket just before stumps by inducing an edge from counterpart Pat Cummins, allowing first-gamer Harshit Rana to unleash pace which resulted in Travis Head (11) being castled. Bumrah could have had a fifth in the session, had Virat Kohli held on to a regulation catch in the slips when Marnus Labuschagne was on zero. The drop did not prove costly, as Labuschagne laboured to two off 52 balls before paceman Mohammed Siraj (2-17) trapped him lbw. The Perth test marks Bumrah’s second stint as a stand-in captain, having also led his country against England in 2022, and he could not have been dealt a tougher hand. Permanent skipper Rohit Sharma, who recently welcomed his second child, opted not to travel to Perth ahead of the series opener. Furthermore, top-order batsman Shubman Gill sustained a hand injury in the lead-up to the test, ruling him out, and the selectors decided to leave out the experience provided by spin-duo Ravindra Jadeja and Ravichandran Ashwin due to the seam-friendly conditions. Reddy was complimentary of Bumrah’s wisdom though, saying his messaging was simple after India were rolled cheaply just before the tea break. Alex Carey (19) and Mitchell Starc (six) are Australia’s not out batsmen overnight.Homebound seniors living alone often slip through health system’s cracks

A post shared by Logan Jones (@logan.jones65) IOWA CITY — An Iowa senior offensive lineman announced his intentions to return to the program in 2025 on Tuesday. Center Logan Jones posted the announcement, a graphic with a short note explaining the decision, on Instagram. A caption "One last ride!" accompanied the post. "My time at the University of Iowa is something I will cherish forever," Jones said. "Representing the state of Iowa on Saturdays in the fall has created memories that will last a lifetime. To be able to wear the Black and Gold and swarm out with my teammates to the best fans in the country is truly special. "To have the chance to be able to play in the NFL is something I have dreamed of since I was a kid, but I am not done being a Hawkeye yet. Being a hawk has been a dream come true and I am excited for one last season with my brothers! Go Hawks!" Iowa offensive lineman Logan Jones (65) runs onto the field with teammates before an NCAA college football game against Western Michigan, Saturday, Sept. 16, 2023, in Iowa City, Iowa. Jones started 38 games over the last three seasons for the Hawkeyes since moving from defensive line to center. The Council Bluffs Lewis Central product earned All-Big Ten first team honors from the league's media and second team honors from the Associated Press and Big Ten coaches. Jones return marks a major win for the Hawkeyes as Pro Football Focus (PFF) rated the senior as the top center in the conference with one sack allowed all season. The 2024 winter transfer portal window opened for college football players on Monday. Keep track of all the departures and commitments. The Iowa football program was well-represented in postseason all-conference honors awarded by the Associated Press and the Big Ten's coaches and media following the conclusion of the 2024 season. Here are some options for Iowa football fans hoping to catch the final game of the 2024 season as the Hawkeyes face Missouri in the Music City Bowl. Get local news delivered to your inbox! University of Iowa Athletics Beat Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.Horse racing tips: ‘He glides over hurdles and won’t be caught’ – Templegate’s 2-1 Cheltenham NAP

Automotive Window Sealing Systems Market Unidentified Segments - The Biggest Opportunity Of 2024 12-09-2024 08:44 PM CET | Advertising, Media Consulting, Marketing Research Press release from: AMA Research & Media LLP The latest study released on the global 'Automotive Window Sealing Systems' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Automotive Window Sealing Systems' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/55718-global-automotive-window-sealing-systems-market?utm_source=OpenPR/utm_medium=Rahul Some of the key players profiled in the study are: ContiTech (Germany), Cooper Standard Automotive Inc.(United States), Toyoda Gosei Co., Ltd. (Japan), Hutchinson SA (France), Nishikawa Rubber Co.,Ltd (Japan), Standard Profil (Turkey), Henniges Automotive (United States), Kinugawa Rubber Industrial Co., Ltd.(Japan), AKKA Technologies Group (MBtech Group), Rehau Group (Switzerland), Magna International Inc. (Canada), PPAP Automotive Limited (India) Automotive Window Sealing Systems are used in passenger and commercial vehicles to protect their windows. These systems can withstand high pressures in shock absorbers providing reliability in safety critical conditions. These systems are made using EPDM, TPE, or PVC that can be reinforced with steel, aluminum and / or wire carriers to provide the greater support to automotive window. Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Automotive Window Sealing Systems Market various segments and emerging territory. Influencing Market Trend •Demand for Lightweight Sealants in Automotive Market Drivers •Flexibility and Strength to Support the Automotive Windows •Increasing Demand for Passenger Cars and Commercial Vehicles Opportunities: •Growing Aftermarket Sales of Automotive Window Sealing Systems •Demand for High Pressure, Waterproof, and Temperature Conditions Bearing Sealing Systems Challenges: •Fluctuation in Raw Material Prices •Design and Installation Issue Analysis by Type (Glass Seal, Windshield Seal), Application (Passenger Cars, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (HCV)), End Users (OEMs, Aftermarket), Material (Ethylene Propylene Diene Monomer M-Class Rubber (EPDM), Thermoplastic Elastomer (TPE), Polyvinyl Chloride (PVC)), Component (Glass Run Channel Seals, Roof Ditch Molding Seals) Have Any Questions Regarding Global Automotive Window Sealing Systems Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/55718-global-automotive-window-sealing-systems-market?utm_source=OpenPR/utm_medium=Rahul The regional analysis of Global Automotive Window Sealing Systems Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030. Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/55718-global-automotive-window-sealing-systems-market?utm_source=OpenPR/utm_medium=Rahul Highlights of the Report • The future prospects of the global Automotive Window Sealing Systems market during the forecast period 2024-2030 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Automotive Window Sealing Systems market. Contact Us: Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA - 08837 Phone: +1(201) 7937323, +1(201) 7937193 sales@advancemarketanalytics.com About Author: AMA Research & Media is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues. Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As. This release was published on openPR.Why Is HSBC Holdings plc (HSBC) Among the Best Bank Stocks to Invest In Now?

Intel Corporation (INTC) Barclays 22nd Annual Global Technology Conference (Transcript)WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month — an unorthodox move that would fold U.S. allies and adversaries into a very American political tradition. Trump said Thursday during an appearance at the New York Stock Exchange , where he was ringing the opening bell to kick off trading for the day, that he’s been “thinking about inviting certain people to the inauguration” without referring to any specific individuals. “And some people said, ‘Wow, that’s a little risky, isn’t it?’” Trump said. “And I said, ‘Maybe it is. We’ll see. We’ll see what happens.’ But we like to take little chances.” His comments came soon after his incoming White House press secretary, Karoline Leavitt, confirmed during a Thursday morning appearance on “Fox & Friends” that Trump had invited Xi and other world leaders to attend his inauguration. No head of state has previously made an official visit to the U.S. for the inauguration, according to State Department historical records. The unprecedented invitations come at a moment when much of the world is bracing for what comes next when Trump and his “America First” worldview return to the White House. The president-elect has vowed to levy massive tariffs against the United States' chief economic competitor, China, as well as neighbors Canada and Mexico unless those countries do more to reduce illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Trump's also pledged to move quickly to end Russia's nearly three-year war in Ukraine and press NATO allies who are spending less than 2% of their GDP on defense to step up or risk the United States not coming to their defense, as required by the transatlantic alliance's treaty, should they come under attack. “We’ve been talking and discussing with President Xi some things, and others, other world leaders, and I think we’re going to do very well all around,” Trump said. “We’ve been abused as a country. We’ve been badly abused from an economic standpoint, I think, and even militarily, you know, we put up all the money, they put up nothing, and then they abuse us on the economy. And we just can’t let that happen.” Xi is likely to see the invitation as too risky to accept, and the gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White House changes hands, experts say. Danny Russel, vice president for international security and diplomacy at the Asia Society Policy Institute, said Xi would not allow himself to “be reduced to the status of a mere guest celebrating the triumph of a foreign leader — the U.S. president, no less.” Still, Leavitt saw it as a plus. “This is an example of President Trump creating an open dialogue with leaders of countries that are not just our allies, but our adversaries and our competitors, too,” she said on "Fox & Friends." “We saw this in his first term. He got a lot of criticism for it, but it led to peace around this world. He is willing to talk to anyone, and he will always put America’s interest first.” Asked at a Chinese Foreign Ministry briefing Thursday about Trump's invitation, spokesperson Mao Ning responded, “I have nothing to share at present.” Leavitt did not detail which leaders beyond Xi have been invited. But Trump's decision to invite Xi, in particular, squares with his belief that foreign policy — much like a business negotiation — should be carried out with carrots and sticks to get the United States' opponents to operate closer to his administration's preferred terms. Jim Bendat, a historian and author of “Democracy’s Big Day: The Inauguration of Our President,” said he was not aware of a previous U.S. inauguration attended by a foreign head of state. “It's not necessarily a bad thing to invite foreign leaders to attend,” Bendat said. “But it sure would make more sense to invite an ally before an adversary.” Edward Frantz, a presidential historian at the University of Indianapolis, said the invitation helps Trump burnish his “dealmaker and savvy businessman” brand. “I could see why he might like the optics," Frantz said. “But from the standpoint of American values, it seems shockingly cavalier." White House officials said it was up to Trump to decide whom he invites to the inauguration. “I would just say, without doubt, it's the single most consequential bilateral relationship that the United States has in the world,” White House national security spokesperson John Kirby said. “It is a relationship both fraught with peril and responsibility.” It's unclear which leaders, if any, might show. A top aide to Hungarian President Viktor Orban, one of Trump's most vocal supporters on the world stage, said Thursday that Orban isn't slated to attend the inauguration. “There is no such plan, at least for the time being," said Gergely Gulyás, Orban's chief of staff. The nationalist Hungarian leader is embraced by Trump but has faced isolation in Europe as he's sought to undermine the European Union's support for Ukraine, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion. Orban recently met with Trump at Mar-a-Lago. Every country's chief of mission to the United States will also be invited, according to a Trump Inaugural Committee official who was not authorized to comment publicly and spoke on condition of anonymity. Such invitations to diplomats stationed in Washington has been customary during past inaugurations. Xi, during a meeting with President Joe Biden last month in Peru, urged the United States not to start a trade war. “Make the wise choice,” Xi cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Canadian Prime Minister Justin Trudeau has also pushed back on Trump's threats, warning that such tariffs would be perilous for the U.S. economy as well. Trudeau earlier this week said Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive” and said he will retaliate if Trump goes ahead with them. Trump responded by calling Canada a state and Trudeau the governor. In addition to the tariff dispute, U.S.-China relations are strained over other issues, including what U.S. officials see as Beijing's indirect support of Russia's war on Ukraine. The Biden administration says China has supported Russia with a surge in sales of dual-use components that help keep its military industrial base afloat. U.S. officials also have expressed frustration with Beijing for not doing more to rein in North Korea's support for the Russian war. China accounts for the vast majority of North Korea’s trade. North Korean leader Kim Jong Un has dispatched thousands of troops to Russia to help repel Ukrainian forces from the Kursk border region. The North Koreans also have provided Russia with artillery and other munitions, according to U.S. and South Korean intelligence officials. Trump’s Jan. 20 inauguration is set to take place a day after the U.S. deadline for ByteDance, the Chinese parent company of social media giant TikTok, to sell the social media app or face a ban in the United States. Associated Press writers Didi Tang in Washington and Balint Domotor in Budapest, Hungary, contributed to this report.