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8 0 8 meaning CHARLOTTE, N.C. (AP) — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. “Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them,” Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's “take-it-or-leave-it” final offer on a new revenue sharing agreement. All other 13 teams signed the deal. Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as “open” teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was “primarily related to our ongoing lawsuit with NASCAR,” Freeze said. “NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit,” Freeze said. “NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved.” A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing “new circumstances” in a renewed motion for an injunction and of a “coordinated effort behind the scenes.” “This is completely false,” Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. “23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing,” Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. “It is not hypocritical to operate within the only system available while striving for excellence and contending for championships,” he continued. “It is a necessity because NASCAR’s monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level.” AP auto racing: https://apnews.com/hub/auto-racing

Trump brings back government by social media

Fastenal Co. stock underperforms Monday when compared to competitors

NEW YORK, Dec 12 (Reuters Breakingviews) - David Zaslav may rejoin the media M&A fray. The Warner Bros Discovery (WBD.O) , opens new tab boss is reorganizing his assets into two key divisions, further isolating the media company’s dying TV networks. It comes after rival Comcast (CMCSA.O) , opens new tab announced a full split. Something bigger may be in the offing. WBD said on Thursday it would smash together , opens new tab results from streaming service HBO Max with the studio behind movies like “Barbie”. Corporate restructuring is typically a mundane affair. But WBD’s stock popped 15%. More curiously, three banks - JPMorgan, Evercore and Guggenheim Securities - are advising on a humdrum accounting change. Combined with the hints that Zaslav has been dropping, it adds up to a potential reordering of the media landscape. The Financial Times reported , opens new tab in July that he was weighing strategic options. He mulled bidding for Paramount Global (PARA.O) , opens new tab . In November, after Donald Trump won the U.S. presidential election, he noted that a deal-friendly administration offered opportunities for consolidation. The industry could use it. Traditional television is in a world of pain. EBITDA at WBD’s division is set to crater 37% in 2026 from where it was five years prior, according to Visible Alpha. Comcast boss Brian Roberts took his cue early, announcing in November that he would spin out most of his company’s cable channels. WBD hasn’t gone as far, but Thursday’s move seems like a prelude. After all, there’s tempting value to unlock. The cable division could be worth 5 times its forecast EBITDA of over $7 billion in 2025, below peer Fox’s (FOXA.O) , opens new tab multiple to account for its lack of marquee sports. Put the streaming service’s predicted $1 billion of profit on 20 times, a discount to Netflix (NFLX.O) , opens new tab given its lower profitability. Finally, if Paramount Pictures’ mooted sale is a yard-stick, pegged by Morgan Stanley analysts at about 18 times EBITDA, the studio is worth $35 billion. Total it up and subtract $10 billion of deadweight from corporate costs, and there’s nearly $90 billion in enterprise value, a $20 billion uplift to where WBD is now. A split could nudge investors to recognize this value by freeing growing divisions from a $37 billion debt pile. Creditors might howl over stuffing those IOUs into a separate television business. But a deal could help by strengthening the unit. WBD itself is a product of a spin-merge with Warner Media, separated from AT&T (T.N) , opens new tab in 2022. Perhaps Comcast - or the cable businesses of competitors like Paramount or Walt Disney (DIS.N) , opens new tab - could be a dance partner this time around. Whatever the case, it sure seems like WBD is re-entering the spin zone. Follow @jennifersaba , opens new tab on X CONTEXT NEWS Warner Bros Discovery on Dec. 12 announced that it would adopt a new corporate structure aligned into two divisions. Streaming & Studios will include its film and entertainment production, as well as streaming platforms like HBO. Global Linear Networks will house its traditional television networks. Shares of the company, which owns cable channels including, CNN, the Food Network and TNT, rose over 15% following the announcement. WBD retained JPMorgan, Evercore and Guggenheim Securities as financial advisers. For more insights like these, click here , opens new tab to try Breakingviews for free. Editing by Jonathan Guilford and Pranav KiranHere's my 5-step approach to earning passive income of £500 a month

Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is droppedBy REBECCA SANTANA WASHINGTON (AP) — President-elect Donald Trump has promised to end birthright citizenship as soon as he gets into office to make good on campaign promises aiming to restrict immigration and redefining what it means to be American. But any efforts to halt the policy would face steep legal hurdles. Birthright citizenship means anyone born in the United States automatically becomes an American citizen. It’s been in place for decades and applies to children born to someone in the country illegally or in the U.S. on a tourist or student visa who plans to return to their home country. It’s not the practice of every country, and Trump and his supporters have argued that the system is being abused and that there should be tougher standards for becoming an American citizen. But others say this is a right enshrined in the 14th Amendment to the Constitution, it would be extremely difficult to overturn and even if it’s possible, it’s a bad idea. Here’s a look at birthright citizenship, what Trump has said about it and the prospects for ending it: During an interview Sunday on NBC’s “Meet the Press” Trump said he “absolutely” planned to halt birthright citizenship once in office. “We’re going to end that because it’s ridiculous,” he said. Trump and other opponents of birthright citizenship have argued that it creates an incentive for people to come to the U.S. illegally or take part in “birth tourism,” in which pregnant women enter the U.S. specifically to give birth so their children can have citizenship before returning to their home countries. “Simply crossing the border and having a child should not entitle anyone to citizenship,” said Eric Ruark, director of research for NumbersUSA, which argues for reducing immigration. The organization supports changes that would require at least one parent to be a permanent legal resident or a U.S. citizen for their children to automatically get citizenship. Others have argued that ending birthright citizenship would profoundly damage the country. “One of our big benefits is that people born here are citizens, are not an illegal underclass. There’s better assimilation and integration of immigrants and their children because of birthright citizenship,” said Alex Nowrasteh, vice president for economic and social policy studies at the pro-immigration Cato Institute. In 2019, the Migration Policy Institute estimated that 5.5 million children under age 18 lived with at least one parent in the country illegally in 2019, representing 7% of the U.S. child population. The vast majority of those children were U.S. citizens. The nonpartisan think tank said during Trump’s campaign for president in 2015 that the number of people in the country illegally would “balloon” if birthright citizenship were repealed, creating “a self-perpetuating class that would be excluded from social membership for generations.” In the aftermath of the Civil War, Congress ratified the 14th Amendment in July 1868. That amendment assured citizenship for all, including Black people. “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside,” the 14th Amendment says. “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.” But the 14th Amendment didn’t always translate to everyone being afforded birthright citizenship. For example, it wasn’t until 1924 that Congress finally granted citizenship to all Native Americans born in the U.S. A key case in the history of birthright citizenship came in 1898, when the U.S. Supreme Court ruled that Wong Kim Ark, born in San Francisco to Chinese immigrants, was a U.S. citizen because he was born in the states. The federal government had tried to deny him reentry into the county after a trip abroad on grounds he wasn’t a citizen under the Chinese Exclusion Act. But some have argued that the 1898 case clearly applied to children born of parents who are both legal immigrants to America but that it’s less clear whether it applies to children born to parents without legal status or, for example, who come for a short-term like a tourist visa. “That is the leading case on this. In fact, it’s the only case on this,” said Andrew Arthur, a fellow at the Center for Immigration Studies, which supports immigration restrictions. “It’s a lot more of an open legal question than most people think.” Some proponents of immigration restrictions have argued the words “subject to the jurisdiction thereof” in the 14th Amendment allows the U.S. to deny citizenship to babies born to those in the country illegally. Trump himself used that language in his 2023 announcement that he would aim to end birthright citizenship if reelected. Trump wasn’t clear in his Sunday interview how he aims to end birthright citizenship. Asked how he could get around the 14th Amendment with an executive action, Trump said: “Well, we’re going to have to get it changed. We’ll maybe have to go back to the people. But we have to end it.” Pressed further on whether he’d use an executive order, Trump said “if we can, through executive action.” He gave a lot more details in a 2023 post on his campaign website . In it, he said he would issue an executive order the first day of his presidency, making it clear that federal agencies “require that at least one parent be a U.S. citizen or lawful permanent resident for their future children to become automatic U.S. citizens.” Related Articles National Politics | Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president National Politics | Massachusetts Democrat Seth Moulton bashes local media for trying to ‘inflame’ LGBTQ remarks Trump wrote that the executive order would make clear that children of people in the U.S. illegally “should not be issued passports, Social Security numbers, or be eligible for certain taxpayer funded welfare benefits.” This would almost certainly end up in litigation. Nowrasteh from the Cato Institute said the law is clear that birthright citizenship can’t be ended by executive order but that Trump may be inclined to take a shot anyway through the courts. “I don’t take his statements very seriously. He has been saying things like this for almost a decade,” Nowrasteh said. “He didn’t do anything to further this agenda when he was president before. The law and judges are near uniformly opposed to his legal theory that the children of illegal immigrants born in the United States are not citizens.” Trump could steer Congress to pass a law to end birthright citizenship but would still face a legal challenge that it violates the Constitution. Associated Press reporter Elliot Spagat in San Diego contributed to this report.

The UK is prepared for “all eventualities” if Donald Trump slaps import tariffs on goods from Britain, Trade Secretary Jonathan Reynolds said. The US president-elect has already announced plans to hit China , Canada and Mexico with tariffs as part of his efforts to crack down on illegal immigration and drugs. But he has indicated he is prepared to use tariffs far more widely as part of his plan to protect American industry. Mr Trump has suggested he wants to increase tariffs on goods imported from around the world by 10% or 20%, rising to 60% on items from China. The UK could retaliate in the form of tariffs targeted at symbolically important US products such as whiskey, blue jeans and motorbikes – hitting brands like Jack Daniel’s, Levi’s and Harley-Davidson – as Britain and the European Union did during trade wars in Mr Trump’s first term in the White House. Mr Reynolds would not be drawn on what actions he would take but insisted the UK was prepared. He told the Commons Business and Trade Committee: “This is the big question facing global trading relationships.” The UK should be an advocate for “open, transparent, free trading relationships around the world”, he said. “Yes, it’s true to say, if any country imposed tariffs on UK companies exporting, it would hurt our companies. “But let’s also remember that it also hurts the consumers in whatever country are being asked to pay those tariffs. And there’s an inflationary pressure, there’s an impact on the cost of living.” The Cabinet minister acknowledged that a 20% tariffs on goods exported to the US would result in a “not insignificant” impact on UK economic growth. Asked if the Government had options ready to respond to tariffs from Mr Trump, the minister said: “I wouldn’t want to speculate, but the committee should assume that all eventualities have been prepared for.” The options in any dispute would be to do nothing, retaliate or negotiate. Asked if retaliatory tariffs on goods such as Harley-Davidson bikes were already prepared, the Trade Secretary said: “You would expect this department to prepare for every eventuality. But I think we should just be a little bit sensitive at this stage about speculating about how we would respond to something which hasn’t happened.” Mr Reynolds said the trade deficits with the US in relation to other European countries did not apply to the UK so Mr Trump might not feel the need to act in the same way as he would with other nations. He said: “There are a whole range of areas where we, as a country, I think could and should – if we could do it – welcome closer trading relationships with the US. “The US is a fundamental ally of ours. We have an incredibly strong trading relationship as it stands, and when I look to areas like services, technology, critical minerals, if there was the opportunity to work more closely together, I don’t think anyone should turn around immediately and say ‘not interested in that’.” He acknowledged there were “challenges” in seeking a closer trading relationship, or even a free-trade deal, which would have knock-on impacts with other important markets for the UK in the EU and China. “I don’t see the need at this stage to rule anything out or in, but to be realistic about where our national interest lies and being frank with the committee about the fact that any negotiation in any major principal market that we might do has to be considered not in isolation, but its relationship to other key markets, and what the consequences of that negotiation would mean for business and trade in those areas.” But he insisted he did not see the coming years as a “binary choice” between trading more closely with the US or EU.None

Pressure on a veteran and senator shows what's next for those who oppose TrumpNoneTeam claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is droppedPHILADELPHIA (AP) — Ethan Gettman kicked what proved to be the game-winning field goal from 31-yards out midway through the fourth quarter and Brendan Bell added an insurance touchdown a minute later as Villanova pulled away from Delaware in the second half to post a 38-28 victory in the season finale on Saturday afternoon. The Wildcats now have won 17 of their last 19 meetings with the Blue Hens, who played their final regular season game as an FCS-member. Delaware will join the FBS and join Conference USA for the 2025 season. Villanova (9-3, 6-2 Coastal Athletic Association) took a 21-0 lead five minutes into the second quarter after David Avit scored from a yard out, Brendan Bell returned an interception 38 yards for a touchdown and Watkins fired a 36-yard touchdown pass to Kenyon Miles. But Delaware (9-2, 6-2) scored three times in the final eight minutes of the half, with JoJo Bermudez scoring from 14-yards out and Marcus Yarns punching in from the 1, then catching a Nick Minicucci pass for a 65-yard touchdown with :32 left. Connor Watkins ran up the middle on a quarterback draw for a 38-yard touchdown to put the Wildcats in front, but Minicucci answered with a six-yard touchdown to Jo'Nathan Silver to send the game into the fourth quarter tied at 28-28. Gettman put the Wildcats in top for good with 8:41 left and Bell scored on a six-yard run with 7:39 remaining. Watkins was 13 of 30 passing for 203 yards with a touchdown and an interception and carried eight times for 79 yards. Minicucci was 18 of 33 for 195 yards with two touchdowns and a pair of interceptions. Yarns carried 20 times for 100 yards and caught three passes for 74 yards. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Juan Soto introduced by Mets at Citi Field after striking record $765 million, 15-year deal NEW YORK (AP) — Juan Soto put on a New York Mets jersey and cap for the first time after his record $765 million, 15-year contract was finalized and talked about what made the difference in his decision. He said at his introductory news conference on Thursday that the Mets “showed me a lot of love." Soto was introduced at Citi Field a day after his deal was finalized. Speaking in the Piazza 31 Club, Soto was flanked by Mets owner Steve Cohen, president of baseball operations David Stearns and his agent, Scott Boras. Bill Belichick 'always wanted' to give college coaching a try. Now he will at North Carolina New North Carolina football coach Bill Belichick said he had long been interested in coaching in the college ranks. But it had never worked out until now, as he takes over the Tar Heels program. Belichick led the New England Patriots to six Super Bowl titles during a 24-year run there that ended last year. University trustees approved terms of a five-year deal for him Thursday morning before he held his introductory news conference on campus. Wander Franco's sex abuse trial has been postponed 5 months PUERTO PLATA, Dominican Republic (AP) — The trial against Tampa Bay Rays shortstop Wander Franco, who has been charged with sexually abusing a minor, sexual and commercial exploitation against a minor, and human trafficking, has been postponed until June 2, 2025. Dominican judge Yacaira Veras postponed the hearing Thursday at the request of prosecutors because of the absence of several key witnesses in the case. Franco’s lawyers asked the court to reconsider the postponement, arguing Franco must report to spring training in mid-February. The judge replied that Franco is obligated to continue with the trial schedule and his conditional release from detainment. Rape investigation that Swedish media say focused on Kylian Mbappé has been closed STOCKHOLM (AP) — Swedish prosecutors say they have dropped a rape investigation that was launched in connection with soccer star Kylian Mbappé’s visit to Stockholm in October. In a statement, lead investigator Marina Chirakova says there is not enough evidence to continue the investigation into the allegation at a hotel. Prosecutors never publicly named the suspect in the investigation but some Swedish media reported it was Mbappé. The Real Madrid striker visited Stockholm in October during a break in the Spanish league. At the time, Mbappé’s legal team dismissed those reports as false. Travis Hunter, the 2-way standout for Colorado, is the AP college football player of the year BOULDER, Colo. (AP) — Colorado two-way standout Travis Hunter is The Associated Press college football player of the year. Hunter received 26 of the 43 votes from a panel of AP Top 25 voters. Boise State tailback Ashton Jeanty finished second with 16 votes, and Arizona State running back Cameron Skattebo received one vote. A throwback player who rarely left the field, Hunter had 92 catches for 1,152 yards and 14 touchdowns as a receiver. He had four interceptions and 11 passes defensed as a shutdown corner. Hunter helped the the 20th-ranked Buffaloes to a 9-3 record and an appearance in the Alamo Bowl against BYU. 2034 World Cup visitors will live in 'a bubble' and not see real life, Saudi rights activist says LONDON (AP) — A Saudi human rights activist says soccer fans visiting Saudi Arabia for the 2034 World Cup will live in a “bubble” that doesn't reflect real life there. Lina al-Hathloul is a London-based activist whose sister was jailed in Saudi Arabia then banned from travel after campaigning to end a ban on women driving. When FIFA confirmed the kingdom as the 2034 tournament host on Wednesday its president Gianni Infantino acknowledged “the world will be watching” for positive social change. Al-Hathloul says western people “will be very safe” at the World Cup but "will see a bubble of what Saudi Arabia is.” Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped CHARLOTTE, N.C. (AP) — A new court filing says NASCAR rejected Front Row Motorsports’ agreement to purchase a charter from Stewart-Haas Racing unless the team and 23XI Racing dropped their federal antitrust lawsuit against the stock car series. Front Row and 23XI rejected NASCAR's new revenue sharing agreement and have gone to court. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. Indian teen Gukesh Dommaraju becomes the youngest chess world champion after beating Chinese rival NEW DELHI (AP) — Indian teenager Gukesh Dommaraju has become the youngest chess world champion after beating the defending champion Ding Liren of China. Dommaraju, 18, secured 7.5 points against 6.5 of his Chinese rival in Thursday's game which was played in Singapore. He has surpassed the achievement of Russia’s Garry Kasparov who won the title at the age of 22. Dommaraju is now also the second Indian to win the title after five-time world chess champion Viswanathan Anand. The Indian teen prodigy has long been considered a rising star in the chess world after he became a chess grandmaster at 12. He had entered the match as the youngest-ever challenger to the world crown after winning the Candidates tournament earlier this year. Hojlund scores twice for Manchester United to beat Viktoria Plzen 2-1 in Europa League Rasmus Hojlund scored twice after coming off the bench and Manchester United rallied to beat Viktoria Plzen 2-1 in the Europa League. The Denmark striker netted in the 88th minute after collecting Bruno Fernandes’ pass off a free kick to seal the victory. Ahead of the late games, United moved to fifth place with 12 points from six games. Hojlund came on in the 56th to replace Marcus Rashford and scored an equalizer six minutes later. In the Conference League a youthful Chelsea lineup made the most of a long trip to Kazakhstan by beating Astana 3-1 to stay perfect in the third-tier competition. NFL world reacts with excitement, surprise, questions after Bill Belichick is hired to coach UNC Bill Belichick is already the most decorated coach in NFL history. His next challenge is college football after he agreed to a five-year deal to coach at North Carolina. The reaction around the NFL ranged from excitement at seeing him back on the sideline to disbelief. Some of his former players believe his skill set will work at any level. Others caution that the players he brings into UNC should prepare to have their limits tested.

CHARLOTTE, N.C. (AP) — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. “Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them,” Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's “take-it-or-leave-it” final offer on a new revenue sharing agreement. All other 13 teams signed the deal. People are also reading... Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as “open” teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was “primarily related to our ongoing lawsuit with NASCAR,” Freeze said. “NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit,” Freeze said. “NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved.” A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing “new circumstances” in a renewed motion for an injunction and of a “coordinated effort behind the scenes.” “This is completely false,” Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. “23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing,” Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. “It is not hypocritical to operate within the only system available while striving for excellence and contending for championships,” he continued. “It is a necessity because NASCAR’s monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level.” AP auto racing: https://apnews.com/hub/auto-racing Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Be the first to know Get local news delivered to your inbox!I’ve joined Bluesky and it feels like a breath of fresh air – in some ways... | John Naughton

Many of us have felt it, and now it's official: "brain rot" is the Oxford dictionaries' word of the year. Oxford University Press said Monday that the evocative phrase "gained new prominence in 2024," with its frequency of use increasing 230% from the year before. Oxford defines brain rot as "the supposed deterioration of a person's mental or intellectual state, especially viewed as the result of overconsumption of material (now particularly online content) considered to be trivial or unchallenging." The word of the year is intended to be "a word or expression that reflects a defining theme from the past 12 months." "Brain rot" was chosen by a combination of public vote and language analysis by Oxford lexicographers. It beat five other finalists: demure, slop, dynamic pricing, romantasy and lore. While it may seem a modern phenomenon, the first recorded use of "brain rot" was by Henry David Thoreau in his 1854 ode to the natural world, "Walden." Oxford Languages President Casper Grathwohl said that in its modern sense, "'brain rot' speaks to one of the perceived dangers of virtual life, and how we are using our free time." "It feels like a rightful next chapter in the cultural conversation about humanity and technology. It's not surprising that so many voters embraced the term, endorsing it as our choice this year," he said. Last year's Oxford word of the year was "rizz," a riff on charisma, used to describe someone's ability to attract or seduce another person. Collins Dictionary's 2024 word of the year is "brat" – the album title that became a summer-living ideal.

From Piggy Bank to Bull Run: 3 signs that middle class is making money in stock market

MongoDB (NASDAQ:MDB) Reports Strong Q3, Stock Jumps 10.4%