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The top US securities regulator, a skeptic towards cryptocurrency who was appointed by President Joe Biden, announced Thursday he will step down in January when Donald Trump takes office. Gary Gensler, chair of the Securities and Exchange Commission (SEC), said he will resign on January 20, the same day Trump assumes the presidency. The move clears the way for the president-elect to pick Gensler's successor. The news comes as bitcoin hit a fresh record, trading above $99,000 and nearing the symbolic $100,000 level. Gensler's five-year term does not end until 2026, but agency chairs customarily step down when the party of presidential administration turns over. During the election campaign, Trump promised to fire him. Gensler took office in April 2021 shortly after the so-called "meme stock" frenzy in January 2021 prompted massive volatility in GameStop and a handful of other stocks. A former mergers and acquisitions partner at Goldman Sachs, Gensler led rulemaking proposals intended to improve efficiency in capital markets. But his future in Washington looked precarious in light of the SEC's confrontational approach to cryptocurrency throughout the Biden years. Gensler referred to crypto as "the Wild West." During the campaign, Trump drew heavy financial support from cryptocurrency backers, some of whom are also close to the Republican's close ally, Tesla and SpaceX CEO Elon Musk. In the absence of clear regulations, Gensler took an aggressive stance toward digital currencies, treating them like traditional financial securities such as stocks and bonds. The approach has prompted SEC lawsuits against major trading platforms including Binance, Coinbase, and Kraken, along with various smaller startups. Legislation currently in Congress would shift oversight of cryptocurrency supervision to the Commodity Futures Trading Commission, known for its lighter-touch approach to regulation. Gensler thanked Biden and fellow commissioners, saying in a statement, "The SEC has met our mission and enforced the law without fear or favor." But the SEC's announcement drew cheers from the crypto industry. The Blockchain Association posted a waving hand emoji on X in response to Gensler's impending exit, while its CEO, Kristin Smith, noted the announcement came the same day as a favorable US court ruling in Texas for cryptocurrency. The Texas ruling constitutes "a fitting turning point of the SEC's harassment campaign of the crypto industry, and the beginning of a new era," Smith said on X. Smith warned Gensler against "sneak" last-minute enforcement and called for a "better-functioning" SEC that avoids overreach and is willing to work "with industry to find fit-for-purpose solutions." Hailey Lennon, a partner at law firm Brown Rudnick who was formerly general counsel at Coinbase, said the SEC under Gensler "played gatekeeper and stalled innovation." Citing Gensler's departing comments, she wrote on X that "saying the SEC has regulated without fear or favor is insane gaslighting." tu-jmb/bjtMichal_edo/iStock via Getty Images It is Christmastime, and those of us who tend to procrastinate on gift shopping may be out searching for last-minute bargains to stuff stockings for our loved ones for Christmas morning. For dividend growth stock ( If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor. We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 reviews. Our members are profiting from our high-yielding strategies, and you can join them today at our lowest rate ever offered. 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CHARLOTTE, N.C. — 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." Get local news delivered to your inbox!

Blowout loss to Packers leaves the 49ers on the playoff brinkOne day, when actor and comedian Rosie O'Donnell was in her 50s, her body ached and her arms felt sore, but she pushed through the pain, not realizing she was having a massive heart attack. She had surgery to put in a stent that saved her life. Shortly after her 2012 heart attack, O'Donnell shared her experience on her blog. During her 2015 television standup special, she spoke about how the experience changed her life. The segment included a heart attack acronym the comedian coined: HEPPP (hot, exhausted, pain, pale, puke). O'Donnell's candidness about her heart attack helped spread awareness about how it can present differently in women. She's one of countless celebrities over the years who have opened up about their health conditions, including breast cancer, HIV, depression, heart disease and stroke. When celebrities reveal and discuss their health issues, the impact can be far-reaching. It not only helps to educate the public, but it also can reduce stigma and inspire others. "Health disclosures by celebrities do matter, and we know this from decades of research across a lot of different health conditions and public figures," said Dr. Jessica Gall Myrick, a professor of health communication at Pennsylvania State University in University Park. "They absolutely do influence people." Some of the earliest celebrity health disclosures happened in the 1970s and 1980s with U.S. presidents and first ladies. When first lady Betty Ford was diagnosed with breast cancer just weeks after Gerald Ford became president in 1974, she spoke openly about her diagnosis, inviting photographers into the White House and helping make talk of cancer less taboo. In 1987, first lady Nancy Reagan used her breast cancer diagnosis as a chance to advocate for women to get mammograms. Her disclosure came two years after President Ronald Reagan's colon cancer diagnosis, about which the couple was equally as vocal. "Individuals throughout the country have been calling cancer physicians and information services in record numbers," the Los Angeles Times reported after Nancy Reagan's widely publicized surgery. The public showed a similar interest years earlier following Betty Ford's mastectomy. Another major milestone in celebrity health disclosures came in 1991, when 32-year-old NBA superstar Earvin "Magic" Johnson revealed he had tested positive for HIV, the virus that causes AIDS. "Life is going to go on for me, and I'm going to be a happy man," Johnson assured fans during a news conference. He immediately retired, only to return to the Los Angeles Lakers in 1996. His disclosure, along with his work as an advocate for safe sex, helped shatter stigmas around HIV and AIDS. Calls to testing centers increased significantly in the days and weeks after Johnson's announcement. "That celebrity disclosure really helped people see there was a wider susceptibly to HIV," Gall Myrick said. "People were more likely to say, 'I need to think about my own risks.' It was very powerful." When it comes to heart and stroke health, President Dwight Eisenhower helped make heart attacks less frightening and mysterious. During a news conference in 1955, millions of Americans learned from the president's doctors about his heart condition, his treatment, and concrete steps they could take to reduce their own heart attack risk. Other notable figures have shared their health experiences over the years. Soap opera legend Susan Lucci , who was diagnosed with heart disease in 2018, has advocated for women's heart health. Basketball great Kareem Abdul Jabbar talks about his irregular heartbeat, known as atrial fibrillation, and advocates for regular health screenings. Lawyer, author and television personality Star Jones continues to speak about heart disease risk after having lifesaving heart surgery in 2010. Longtime TV and radio personality Dick Clark brought stroke and aphasia into the national spotlight when he returned to hosting "New Year's Rockin' Eve" in Times Square just a year after his 2004 stroke and continued until his death in 2012. And actor and comedian Jamie Foxx recently revealed he had a stroke last year. "Celebrity disclosures represent teachable moments," said Dr. Seth M. Noar, director of the Communicating for Health Impact Lab at the University of North Carolina in Chapel Hill. "Searches for different health conditions often spike in the wake of these types of announcements. They cause people to think about these health issues, learn more about them, and in some cases change their behaviors." Celebrities have also highlighted the importance of CPR and the use of an automated external defibrillator, or AED, to restore a person's heartbeat if they experience cardiac arrest. Interest in CPR and AEDs spiked in 2023 after Buffalo Bills safety Damar Hamlin went into cardiac arrest during an NFL game broadcast on national TV. Views of the American Heart Association's hands-only CPR pages jumped more than 600% in the days following Hamlin's cardiac arrest. Three months later, around 3 million people had watched the AHA's CPR video. Family members of celebrities who have died from a heart issue have also spread awareness. After actor John Ritter died of an undiagnosed aortic dissection in 2003, his wife, actor Amy Yasbeck, started the Ritter Foundation to raise awareness about the condition and help others avoid a misdiagnosis. A literature review published in Systematic Reviews in 2017 found that people are conditioned to react positively to celebrity advice. Research also has found that people often follow advice from celebrities who match how they perceive – or how they want to perceive – themselves. The most effective celebrity disclosures are frequently the ones that tell a compelling story and include clear steps people can take to apply lessons the celebrity learned to their own health situation, Gall Myrick said. "People are more likely to take action when they feel confident and capable." Research has shown that celebrity disclosures often impact calls to hotlines and page views on health-related websites, and they can spark behavioral and even policy changes. Anecdotally, Gall Myrick said, people ask their doctor more questions about health conditions and request medical screenings. Celebrities can have a big impact because people tend to have parasocial relationships with them, Gall Myrick said. These are one-sided relationships in which a person feels an emotional connection with another person, often a celebrity. People may feel as if they know the basketball player they've watched on the court for years, or the Hollywood actor they've followed, she said. They want to comfort them after a health disclosure. Social media has only increased this feeling of familiarity, as celebrities regularly share mundane – but fascinating – details of their daily lives, like what they eat for breakfast, their favorite socks, or the meditation they do before bed. "We spend a lifetime being exposed to celebrities through the media, and over time, you get to know these public figures," Gall Myrick said. "Some feel like friendships." A study published in the journal Science Communication in 2020 compared reactions to actor Tom Hanks, who had COVID-19 early in the pandemic, and an average person with COVID-19. Researchers found that participants identified more with Hanks when it came to estimating their own susceptibility to COVID-19. The participants also felt more emotional about the virus that causes COVID-19 when thinking about it in relation to Hanks versus an average person. When a celebrity reveals a health condition, it's a surprise that may feel personal, especially if they are well-liked and the health issue is dramatic and sudden. "We feel like we know them, and the emotional response is what can then push people out of their routine," Gall Myrick said. Noar said a celebrity health story is often a more interesting and powerful way to learn about a health condition than just the facts, which can feel overwhelming. People are drawn to the slew of media coverage that typically follows a celebrity disclosure, he said. "Some of these high-visibility public figures' stories are now woven into some of these illnesses," Noar said. For example, Angelina Jolie is often linked to the BRCA1 gene mutation after the actor shared she had a preventive double mastectomy because of her elevated breast cancer risk and had her ovaries and fallopian tubes removed because of her increased risk for ovarian cancer. "It's a narrative, a story that humanizes the condition in a way that very informational communication really doesn't," Noar said. "People remember it, and it can potentially be a touch point." After a disclosure, patients may bring up a celebrity's story during a doctor's appointment and connect it to their own care. Today's multiplatform digital culture only amplifies celebrity messages. "You're seeing everyday people react to these events, and that can have a ripple effect too," Gall Myrick said. "We know from research that seeing messages more than once can be impactful. Often it's not just one billboard or one commercial that impacts behavior; it's the drip drip drip over time." Still, there's a cautionary tale to be told around the impact of celebrity health news, especially if the celebrity has died. An unclear cause of death may lead to speculation. Gall Myrick said that guesswork could potentially end up hurting rather than helping if patients were to act on misinformation or a lack of information. "Maybe the death was atypical or it needs more context," she said. "That's where advocacy groups and public health organizations come in. They need to be prepared for announcements or disclosures about celebrity deaths, and to fill in some of those gaps." American Heart Association News covers heart and brain health. Not all views expressed in this story reflect the official position of the American Heart Association. Copyright is owned or held by the American Heart Association, Inc., and all rights are reserved. Sign up here to get the latest health & fitness updates in your inbox every week!Almost 200 people were rescued after a metal support structure on a ski resort gondola in Colorado cracked, reports say. The gondola at Winter Park Resort shut down after detecting “ a significant malfunction ” around 12:15 p.m. Saturday, Dec. 21, several news outlets reported. About 174 skiers and snowboarders were trapped on the gondola for roughly five hours while ski patrol lowered them 30 to 50 feet to the ground via ropes, KDVR reported. During that time, photos began circulating on social media showing a huge crack in a metal support structure on one of the towers. “Rough situation for everyone,” someone wrote with a photo they posted of the crack on Reddit. Winter Park Resort spokesperson Jen Miller told Sky-Hi News the crack was “ the source of the malfunction .” “We’re not sure why the part failed and are investigating that,” she told the outlet. Miller and the Colorado Passenger Tramway Safety Board did not immediately respond to McClatchy News’ request for information on Dec. 23. Another person posted a video of ski patrol setting up a rope system for those inside a gondola to lower safely to the ground . A post shared by SnowGlobe (@mynameislennon) “Never seen this before,” Lennon Sarfati said in the caption on the post. Evacuating the gondola called for ski patrol members “climbing the gondola towers, shimmying down the cable, entering the car from the top and using a rope system to lower passengers to a team on the ground,” The Denver Post reported. There were no injuries reported during the evacuation, the outlet reported. Winter Park is about a 70-mile drive west from Denver. Snowboarder dangles from chairlift, then plunges 47 feet in Colorado, officials say Teen dangles from chair lift at California resort as rescuers rush to help, video shows Mountain climber’s shoes freeze solid, stranding him on Colorado peak, rescuers say

NEW YORK , Dec. 23, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Patterson Companies, Inc. (NASDAQ: PDCO)'s sale to Patient Square Capital for $31.35 in cash per share. If you are a Patterson shareholder, click here to learn more about your rights and options . NeuroMetrix, Inc. (NASDAQ: NURO)'s sale to electroCore, Inc. If you are a NeuroMetrix shareholder, click here to learn more about your legal rights and options . Penns Woods Bancorp, Inc. (NASDAQ: PWOD)'s sale to Northwest Bancshares, Inc. for 2.385 shares of Northwest common stock for each share of Penns Woods common stock. If you are a Penns Woods shareholder, click here to learn more about your rights and options . Cara Therapeutics, Inc. (NASDAQ: CARA)'s merger with Tvardi Therapeutics, Inc. Upon completion of the proposed transaction, Cara shareholders are expected to own approximately 17.0% of the combined company. If you are a Cara shareholder, click here to learn more about your rights and options . Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com . Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-pdco-nuro-pwod-cara-on-behalf-of-shareholders-302338483.html SOURCE Halper Sadeh LLPHUNTSVILLE, Ala. (AP) — Paul Zilinskas put up 32 points as IU Indianapolis beat Alabama A&M 88-83 on Monday. Zilinskas shot 11 for 20 (5 for 10 from 3-point range) and 5 of 5 from the free-throw line for the Jaguars (3-5). Jarvis Walker scored 13 points while going 3 of 9 from the floor, including 2 for 5 from 3-point range, and 5 for 7 from the line. Timaris Brown and Sean Craight both added 11 points. Darius Ford led the Bulldogs (4-4) in scoring, finishing with 20 points, six rebounds, seven assists and two steals. Anthony Bryant added 17 points for Alabama A&M. Chad Moodie also had 16 points and three blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .