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James Carville Blasts Trump Cabinet Picks As “Pack Of Creepy Perverts” As New Documentary About Him Gets Post-Election RecutStocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda’s U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points, or 0.1% as of 3:40 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.8%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.3%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1.2%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 13.4%, while Nissan slipped 0.2%. Eli Lilly rose 3.5% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.6% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas. Damian J. Troise And Alex Veiga, The Associated Press
Luigi Mangione entered a not guilty plea on Monday to state murder and terrorism charges in connection with the shooting death of United Healthcare CEO Brian Thompson. In the courtroom, the well-known defendant appeared to have no family members present. However, ABC News reported that over two dozen ladies were present in support of Mangione, lined up for public seats in the courtroom gallery, despite the extreme cold. "This is a grave injustice, and that's why people are here," one of the women, who said she arrived at the courthouse at 5 a.m., told ABC News. Other supporters stood outside the lower Manhattan courthouse, chanting, "Free, free Luigi" and "The people united will never go for profit." The news of women supporting Mangione sparked numerous reactions on social media. One user on X wrote, "They are working overnight to make him an icon." Another added, "The inmates he's going to be jailed with will think he's pretty, too." Mangione's Case Hearing Speaking into a microphone, Mangione declared, "Not guilty" to all eleven charges in the indictment, including first-degree murder in the commission of terrorism. Judge Gregory Carro presided over the arraignment. Mangione's attorney, Karen Agnifilo, argued that the case was being politicized and raised concerns in court about her client's rights being violated. "I am very concerned about my client's right to a fair trial in this case. He is being prejudiced by some statements made by public officials," Agnifilo stated. She accused the police and New York City Mayor Eric Adams of using Mangione as "political fodder." The next hearing is scheduled for January 18. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world.
Certain countries, owing to their strict laws, high crime rates, or systemic social issues, house extraordinarily high numbers of prisoners. This article examines the nations with the largest prison populations as at December, 2023. The United States leads the world in prison population, with over two million people incarcerated. This staggering number is primarily attributed to strict sentencing laws, including mandatory minimums and the “three-strikes” rule. Despite having only 4% of the world’s population, the U.S. accounts for nearly 20% of the global prison population. China’s prison population exceeds 1.7 million, although the exact numbers are challenging to verify due to government secrecy. Strict laws and a heavy-handed approach to crime contribute to these figures. Brazil’s prisons hold over 800,000 inmates, a number that has soared due to organized crime, drug trafficking, and poverty. Overcrowding is a critical issue, with facilities often holding double their capacity. Russia has one of the highest incarceration rates in Europe, with over 470,000 inmates. Harsh sentencing practices, a legacy of Soviet-era penal policies, and a lack of judicial reforms contribute to the high prison population. India’s prison population exceeds 480,000, with a significant proportion being undertrial prisoners — those awaiting judgment. Overburdened courts, slow legal proceedings, and poverty significantly keep these numbers high. Turkey’s prison population has surged in recent years, reaching nearly 300,000. Political crackdowns following the 2016 coup attempt, along with terrorism-related arrests, have contributed to the increase. Indonesia has over 260,000 prisoners, many incarcerated for drug-related offenses. The country’s strict anti-drug laws have led to an overburdened prison system. While incarceration is often seen as a solution to crime, these figures reveal deeper societal and governance issues. Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel now
AI and Digital Developoment to Hav Most Impact on IndustryHAYWARD, Calif.--(BUSINESS WIRE)--Dec 23, 2024-- Pulse Biosciences, Inc. (Nasdaq: PLSE), a company leveraging its novel and proprietary Nanosecond Pulsed Field AblationTM (nano-PFA or nsPFATM) technology, today announced that it intends to deliver an irrevocable notice of redemption, on or about December 27, 2024, to redeem the first tranche of common stock warrants, redeemable by the Company if the Company’s stock trading price exceeds $16.50 for twenty consecutive trading days, that were issued as part of its July 3, 2024 rights offering which are still outstanding as of February 5, 2025 (the “Redemption Date”). These outstanding common stock warrants (the “150% Warrants”), which were issued in the Company’s 2024 rights offering (the “Rights Offering”), pursuant to the Company’s Registration Statement on Form S-3, as amended (File No. 333-278494), may be exercised by the holders thereof until 6:30 p.m., Eastern time, on the Redemption Date, at the exercise price of $11.00 per share of Company common stock, $0.001 par value per share. Any 150% Warrants not exercised before 6:30 p.m., Eastern time, on February 5, 2025, will be redeemed by the Company for $0.01 per 150% Warrant share (the “Redemption Price”). Under the terms of the 150% Warrants, the Company has the right to redeem the 150% Warrants (CUSIP # 74587B135) if the volume weighted average price (as defined therein, “VWAP”) exceeds $16.50 per share for twenty (20) consecutive trading days at least three months after the date that the 150% Warrants were issued. This requirement was met for each of the twenty consecutive trading days preceding December 23, 2024. Over this period, the Company had an average VWAP of $18.85. Any 150% Warrants that remain unexercised at 6:30 p.m., Eastern time, on the Redemption Date, will be void and no longer exercisable, and the holders of those 150% Warrants will be entitled to receive only the Redemption Price of $0.01 per 150% Warrant share. The second tranche of common stock warrants issued in the Rights Offering (the “200% Warrants”) are not being redeemed at this time. The Company received aggregate gross proceeds of $60 million from its Rights Offering, which was completed in July 2024, and the Company will receive an additional $66 million of gross proceeds, if all of the 150% Warrants and all of the 200% Warrants (collectively, the “Warrants”) are exercised prior to the Redemption Date. None of the Company, its board of directors or employees has made or is making any representation or recommendation to any holder of any Warrants as to whether to exercise or refrain from exercising any Warrants. A registration statement, as amended, relating to the Rights Offering was previously filed with the Securities and Exchange Commission (the “SEC”) and declared effective on May 31, 2024. A prospectus relating to the offering was filed with the SEC on and supplemented on June 4, 2024 and is available on the SEC’s website. The Company will post a copy of the notice of redemption being sent to the holders of the 150% Warrants on its investor relations website at investors.pulsebiosciences.com . Questions concerning redemption and exercise of the 150% Warrants can be directed to Broadridge Corporate Issuer Solutions, LLC, Attn: BCIS Re-Organization Dept., P.O. Box 1317, Brentwood, NY 11717-0718, telephone number 888-789-8409 or to shareholder@broadridge.com . No Offer or Solicitation This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any offer of any of the Company’s securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. About Pulse Biosciences® Pulse Biosciences is a novel bioelectric medicine company committed to health innovation that has the potential to improve the quality of life for patients. The Company’s proprietary CellFX® nsPFATM technology delivers nanosecond pulses of electrical energy to non-thermally clear cells while sparing adjacent noncellular tissue. The Company is actively pursuing the development of its CellFX nsPFA technology for use in the treatment of atrial fibrillation and in a select few other markets where it could have a profound positive impact on healthcare for both patients and providers. Pulse Biosciences is now headquartered in Miami, Florida and maintains its office in Hayward, California. Pulse Biosciences, CellFX, Nano-Pulse Stimulation, NPS, nsPFA, CellFX nsPFA and the stylized logos are among the trademarks and/or registered trademarks of Pulse Biosciences, Inc. in the United States and other countries. Forward-Looking Statements All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company’s planned redemption of outstanding warrants, statements concerning its expected product development efforts, statements about its Nanosecond Pulsed Field Ablation (nsPFA) technology to non-thermally clear cells while sparing adjacent noncellular tissue, as well as statements concerning customer adoption and future use of the CellFX System to address a range of conditions such as atrial fibrillation. These statements are not historical facts but rather are based on Pulse Biosciences’ current expectations, estimates, and projections regarding Pulse Biosciences’ business, operations and other similar or related factors. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond Pulse Biosciences’ control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in Pulse Biosciences’ filings with the Securities and Exchange Commission. Pulse Biosciences undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223275716/en/ CONTACT: Investor Contacts: Pulse Biosciences Darrin Uecker, CTO or Kevin Danahy, CCO IR@pulsebiosciences.com or Gilmartin Group Philip Trip Taylor 415.937.5406 philip@gilmartinir.com KEYWORD: CALIFORNIA FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BIOTECHNOLOGY MEDICAL DEVICES HEALTH PHARMACEUTICAL CARDIOLOGY SOURCE: Pulse Biosciences, Inc. Copyright Business Wire 2024. PUB: 12/23/2024 04:30 PM/DISC: 12/23/2024 04:30 PM http://www.businesswire.com/news/home/20241223275716/enAfter an exhaustive six-month search that saw the names of Hedi Slimane from Celine, Jacquemus founder Simon Porte Jacquemus and former Louis Vuitton creative director Marc Jacobs tossed around the front row like empty goody bags, the house of Chanel has settled on 40-year-old Matthieu Blazy to run its fashion business. “I am thrilled and honoured to join the wonderful house of Chanel,” Blazy said in a statement. “I look forward to meeting all the teams and writing this new chapter together.” Blazy arrives at Chanel with the respect of the industry, having made the Italian label Bottega Veneta a flattering bright spot in the fashion conglomerate Kering’s portfolio, with sales rising by 4 per cent in the first nine months of 2024 to €1.23 billion ($2 billion). Mathhieu Blazy takes a bow in Milan following his ready-to-wear collection for Bottega Veneta in February. Credit: AP With his trompe l’oeil collections of elevated basics, such as T-shirts and jeans rendered in leather and hit Kalimero, Andiamo and Sardine-style handbags, Blazy has also gained a celebrity following that includes Kate Moss, Jacob Elordi, Greta Lee and Julianne Moore. Becoming only the fourth creative director of the house founded by Coco Chanel in 1910 is a major step up for the French-Belgian who has worked at Calvin Klein, Celine and Raf Simons. Chanel is more than 10 times the size of Bottega Veneta, with revenue in 2023 of $US19.7 billion ($30 billion). Blazy will oversee 10 collections a year spanning haute couture, ready-to-wear and resort shows. “I am convinced that he will be able to play with the codes and heritage of the house through an ongoing dialogue with the studio, our ateliers, and our maisons d’art,” said Bruno Pavlovsky, president of Chanel Fashion, in a statement. “His audacious personality, his innovative and powerful approach to creation, as well as his dedication to craftsmanship and beautiful materials, will take Chanel in exciting new directions.” It’s the audacity that Chanel bosses are focusing on, with Blazy’s predecessor, Virginie Viard, attracting negative press during her five-year tenure as creative director, which followed the death of Karl Lagerfeld in 2019 at the age of 85. Viard’s collections helped Chanel achieve record profits, but low-key runway shows, compared to Lagerfeld’s extravagant sets, and social media roasting of house ambassadors Margot Robbie and Margaret Qualley on the red carpet led to her exit. Blazy will join the brand next year, Chanel said in a statement on Thursday, without specifying when. He is expected to present his first Chanel collection in October. A model on the Chanel runway for the spring 2025 collection in Paris, in October. Credit: Getty Images Even with one of the top seats in fashion now taken, the game of musical chairs is not over. Controversial designer John Galliano this week announced his departure from Maison Margiela, prompting rumours of a return to Christian Dior, and Fendi is still looking to replace Kim Jones, who resigned as creative director in October. For the time being Blazy can sit comfortably, with Chanel having said the appointment is a long-term commitment. And Chanel knows how to commit, with Lagerfeld occupying the top job for 36 years. Make the most of your health, relationships, fitness and nutrition with our Live Well newsletter . Get it in your inbox every Monday .
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ALTOONA — Iowa Gov. Kim Reynolds was honored Thursday by the Iowa Taxpayers Association, an advocacy group for conservative tax policy. Reynolds was honored with the organization’s Linda S. Weindruch Award, which the group says “recognizes outstanding accomplishments and contributions in promoting and protecting the principles and policies of fair business taxation.” The Iowa Taxpayers Association honored Reynolds “for her leadership, which resulted in historic tax cuts for the citizens and employers of Iowa, improving the overall tax climate in Iowa.” Since Reynolds became governor in 2017, with all-Republican control of the Iowa Legislature, the state’s income tax structure has been reduced from nine brackets with a top rate of 8.9 percent to a single 3.8 percent rate for most state taxpayers. Iowa’s corporate income tax rate also has been simplified and lowered, and Reynolds and legislators have attempted to also address property taxes — rates set at the local level. “Fundamentally, the story of Iowa’s transformation was less about implementing clever policies and was more about unleashing the energy and creativity in Iowans and in our communities,” Reynolds said Thursday while accepting the honor at the Iowa Taxpayer Association’s annual symposium. “It was truly the triumph of simplicity over complexity, growth over spending, and bottom-up energy over top-down management.” Federal grant to help close ‘digital divide’ Iowa will receive an $8.4 million federal grant from the U.S. Department of Commerce, via the 2021 federal infrastructure bill, to implement the state’s Digital Equity Plan. The plans are designed to help “empower individuals and communities with the tools and skills necessary to benefit from meaningful access to affordable, reliable, high-speed internet service,” according to a news release from the National Telecommunications and Information Administration. With the $8.4 million grant, Iowa will work with public libraries to expand a Wi-Fi hot spot checkout program, develop a virtual cybersecurity training program, and fund a program that helps incarcerated individuals access educational opportunities, including digital skills and cybersecurity training. “Quality, affordable high-speed internet allows families and businesses to thrive in our modern economy. Thanks to President Biden’s bipartisan infrastructure law, the Department of Commerce is connecting everyone across the country to quality, affordable high-speed internet and providing the resources they need to make the most of that internet connection,” U.S. Secretary of Commerce Gina Raimondo said in the news release. “We look forward to working with the awardees to ensure all residents have the tools and skills to take advantage of quality, affordable high-speed internet — whether it’s for work, education, health care or any other essential service.” Stay up-to-date on the latest in local and national government and political topics with our newsletter.
OWENSBORO, Ky. – The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market. Mortgage Rates Continue to Ease The rate dropped to 6.6% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.95%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week. The average rate fell to 5.84% from 5.96% last week. A year ago, it averaged 6.38%, Freddie Mac said. The average rate on a 30-year mortgage is now at its lowest level since Oct. 24, when it was at 6.54%. Related Story: Increased Homebuyer Demand “The combination of mortgage rate declines, firm consumer income growth and a bullish stock market have increased homebuyer demand in recent weeks,” said Sam Khater, Freddie Mac’s chief economist. “While the outlook for the housing market is improving, the improvement is limited given that homebuyers continue to face stiff affordability headwinds.” Elevated mortgage rates and rising home prices have kept homeownership out of reach of many would-be homebuyers. U.S. home sales are on track for their worst year since 1995. Related Story: Factors Influencing Mortgage Rates Mortgage rates are influenced by several factors, including the moves in the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans. The yield, which was below 3.7% as recently as September, has mostly hovered around 4.2% this month. It was at 4.3% at midday Thursday. The recent decline in rates follows a mostly upward climb since the average rate on a 30-year mortgage slid to a two-year low of 6.08% in late September after the Federal Reserve cut its main interest rate from a two-decade high. While the central bank doesn’t set mortgage rates, its actions and the trajectory of inflation influence the moves in the 10-year Treasury yield. Many economists and traders on Wall Street expect that the Fed will cut its main interest rate again at its policy meeting next week. Related Story: Increased Mortgage Applications Home shoppers and homeowners seeking to refinance their existing mortgage to a lower rate are taking advantage of the recent pullback in home-loan borrowing costs. Mortgage applications rose 5.4% last week from a week earlier, the fifth straight increase, according to the Mortgage Bankers Association. Refinance loan applications climbed 27%. “Purchase applications have increased on an annual basis every week except for one over the past three months, a positive sign for the mortgage market to close out this year,” said MBA CEO Bob Broeksmit. With home prices near all-time highs and still rising nationally, albeit more slowly, many prospective homebuyers are likely holding out for mortgage rates to ease further in coming months. But there may not be much relief, given that many housing economists predict the average rate on a 30-year mortgage will remain above 6% next year.A businessman described as a “close confidante” of the has lost an appeal over a decision to bar him from entering the on national security grounds. The man, known only as H6, brought a case to the (SIAC) after then-home secretary said he should be excluded from the UK in March 2023. Judges were told that in a briefing for the home secretary in July 2023, officials claimed H6 had been in a position to generate relationships between prominent UK figures and senior Chinese officials “that could be leveraged for political interference purposes”. They also said that H6 had downplayed his relationship with the Chinese state, which, combined with his relationship with Prince Andrew, represented a threat to national security. At a hearing in July, the specialist tribunal heard that the businessman was told by an adviser to the prince that he could act on the duke’s behalf when dealing with potential investors in China, and that H6 had been invited to Andrew’s birthday party in 2020. A letter referencing the birthday party from the adviser, Dominic Hampshire, was discovered on H6’s devices when he was stopped at a port in November 2021. The letter also said: “I also hope that it is clear to you where you sit with my principal and indeed his family. “You should never underestimate the strength of that relationship... Outside of his closest internal confidants, you sit at the very top of a tree that many, many people would like to be on.” In a ruling on Thursday, Mr Justice Bourne, Judge Stephen Smith and Sir Stewart Eldon, dismissed the challenge. The judges said: “The Secretary of State was entitled to conclude that the applicant represented a risk to the national security of the United Kingdom, and that she was entitled to conclude that his exclusion was justified and proportionate.” The Home Office confirmed in July 2023 that H6 would be excluded from the UK as he was considered to have engaged in “covert and deceptive activity” on behalf of the Chinese Communist Party (CCP) and that he likely posed a threat to national security. The now-50-year-old former civil servant brought legal action for a review of the decision, arguing that it was unlawful. The tribunal in London heard that H6 had said he avoided getting involved in politics and only had limited links to the Chinese state. His lawyers also argued that there was evidence that it was difficult for a Chinese national involved in business to avoid any contact with the CCP and that material related to his relationship with the prince had to be read in the context of an advisor writing to someone who had been loyal to him in difficult times. However, Home Office lawyers argued that H6 had downplayed his links to an arm of the CCP and that his relationship with Andrew could be used for political interference. In their 53-page ruling, the judges said that Andrew could have been made “vulnerable” to the misuse of the influence H6 had. They said: “The applicant won a significant degree, one could say an unusual degree, of trust from a senior member of the Royal Family who was prepared to enter into business activities with him. “That occurred in a context where, as the contemporaneous documents record, the duke was under considerable pressure and could be expected to value the applicant’s loyal support. “It is obvious that the pressures on the duke could make him vulnerable to the misuse of that sort of influence. “That does not mean that the Home Secretary could be expected to exclude from the UK any Chinese businessman who formed a commercial relationship with the duke or with any other member of the Royal Family.” The three judges said that H6 had enjoyed a private life in the UK, which had been described as the businessman’s “second home”, adding: “He has settled status, a home and extensive business interests in the United Kingdom. He was regarded as a close confidant of the duke.” The judges continued the home secretary was “rationally entitled to decide” there was a potential to leverage the relationship, adding H6 was “not candid” about his links to the CCP. They concluded: “In our judgment it was open to the SSHD to take a reasonably precautionary approach to the risk, and to take action rationally aimed at neutralising it so far as possible. “Whilst excluding the applicant would not necessarily halt his activities, it would significantly hinder them. “Cultivating relationships with prominent UK individuals would logically be much more difficult if no meetings could take place in the UK.”Long Island Medium Theresa Caputo steps out with biggest bouffant yet after getting mocked for size of hair
Trump offers a public show of support for Pete Hegseth, his embattled nominee to lead the PentagonNone
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