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JPMorgan Chase & Co. Sells 470,829 Shares of ITT Inc. (NYSE:ITT)ST. LOUIS — The chief executive of the region's leading immigration and refugee services agency is no longer with the organization. International Institute president and CEO Arrey Obenson's last day with the organization was Friday, according to an internal email obtained by the Post-Dispatch. A spokeswoman for the Institute, a nonprofit, did not immediately respond to a request for comment on Obenson's departure. Obenson did not immediately respond to a request for comment. Blake Hamilton, an executive with the organization, notified staff of Obenson's departure in an email Friday. Hamilton said the Board of Directors asked him to replace Obenson temporarily while the Institute conducts a national search for a new president and CEO. "I wanted to make you aware that Arrey Obenson has left the International Institute effective today," Hamilton wrote in an email dated Friday. "In the interim, the Board of Directors has asked me to serve as Interim President and CEO." Hamilton's email did not provide details about why Obenson was no longer at the helm. The Institute hired Obenson in 2021 to succeed longtime president and CEO, Anna Crosslin. Obenson was hired from among more than 60 candidates who applied during a national search. This report will be updated.Principal Financial Group Inc. reduced its holdings in shares of Option Care Health, Inc. ( NASDAQ:OPCH – Free Report ) by 29.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 475,089 shares of the company’s stock after selling 194,775 shares during the quarter. Principal Financial Group Inc. owned 0.28% of Option Care Health worth $14,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors also recently modified their holdings of the business. Raymond James & Associates lifted its stake in Option Care Health by 49.5% during the 2nd quarter. Raymond James & Associates now owns 80,230 shares of the company’s stock valued at $2,222,000 after acquiring an additional 26,560 shares during the period. Bank of New York Mellon Corp lifted its position in Option Care Health by 3.4% during the second quarter. Bank of New York Mellon Corp now owns 1,642,877 shares of the company’s stock valued at $45,508,000 after purchasing an additional 54,202 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in Option Care Health by 7.4% in the second quarter. Crossmark Global Holdings Inc. now owns 24,696 shares of the company’s stock worth $684,000 after purchasing an additional 1,702 shares during the last quarter. Van ECK Associates Corp grew its position in Option Care Health by 2.4% in the 2nd quarter. Van ECK Associates Corp now owns 37,118 shares of the company’s stock worth $1,028,000 after purchasing an additional 863 shares during the period. Finally, Nilsine Partners LLC raised its stake in Option Care Health by 2.8% during the 2nd quarter. Nilsine Partners LLC now owns 83,203 shares of the company’s stock valued at $2,305,000 after buying an additional 2,293 shares during the last quarter. 98.05% of the stock is owned by hedge funds and other institutional investors. Option Care Health Price Performance Shares of NASDAQ:OPCH opened at $22.85 on Friday. The company has a market capitalization of $3.89 billion, a P/E ratio of 19.20, a P/E/G ratio of 2.43 and a beta of 1.33. Option Care Health, Inc. has a 1-year low of $21.39 and a 1-year high of $34.63. The firm’s 50 day simple moving average is $24.02 and its two-hundred day simple moving average is $28.02. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.73 and a quick ratio of 1.32. Insider Activity Analyst Upgrades and Downgrades A number of research firms have recently issued reports on OPCH. Truist Financial dropped their price target on Option Care Health from $41.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. UBS Group began coverage on Option Care Health in a research note on Thursday, December 5th. They set a “neutral” rating and a $26.00 price target for the company. JMP Securities increased their price objective on shares of Option Care Health from $36.00 to $37.00 and gave the stock a “market outperform” rating in a research note on Monday, September 30th. Jefferies Financial Group lowered shares of Option Care Health from a “buy” rating to a “hold” rating and cut their target price for the company from $38.00 to $26.00 in a research report on Thursday, October 31st. Finally, Bank of America cut shares of Option Care Health from a “buy” rating to a “neutral” rating and reduced their target price for the company from $43.00 to $29.00 in a report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $30.14. Check Out Our Latest Analysis on Option Care Health Option Care Health Profile ( Free Report ) Option Care Health, Inc offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including crohn’s disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders. Featured Articles Receive News & Ratings for Option Care Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Option Care Health and related companies with MarketBeat.com's FREE daily email newsletter .
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Javon Leake is staying put. A CFL source said Friday the veteran running back-returner has agreed to terms on a two-year extension with the Edmonton Elks. Leake was slated to become a free agent in February. The source added the deal — which was negotiated by Kenny Kim of Summit Athletes — was worth more than $270,000 in hard money. The source spoke on the condition of anonymity as the Elks hadn't formally announced the move. The six-foot, 205-pound Leake ran for a career-high 661 yards on 102 carries (6.5-yard average) with six TDs in 15 games this past season, his first with Edmonton. Leake also had two 100-yard rushing contests in 2024 while adding 34 catches for 301 yards and a touchdown. Leake also had 23 punt returns for 214 yards and 25 kickoff returns for 539 yards. Leake joined the Elks as a free agent after spending two seasons with the Toronto Argonauts, winning a Grey Cup with the club in 2022. Leake was used predominantly as a returner with Toronto and was the CFL's top special-teams player in 2023 after registering 81 punt returns for 1,216 yards and four TDs. He had 38 kickoff returns for 793 yards. Leake had 15 carries for 52 yards over his two seasons with the Argos. This report by The Canadian Press was first published Dec. 13, 2024. The Canadian PressShares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.The Panama Canal: 25 Years Of Panamanian Success While Colombia Claims SovereigntyRichmond residents have reported more than $33 million in losses due to fraud so far this year. And Richmond RCMP say vulnerable groups are being targeted, including seniors, international students and new immigrants. There have been 990 cases reported to police so far in 2024. In 2023, there were 945 cases with a loss of more than $34 million. Among the most concerning trends are money mule schemes, which are increasingly targeting international students and individuals new to Canada, explained Richmond RCMP. Criminals use tactics such as false job offers, romance scams and threats to recruit individuals to unknowingly participate in money laundering activities. A money mule is someone who transfers stolen funds on behalf of criminals, often under the guise of a job offer, personal favour or investment opportunity. Victims may be asked to open bank accounts in their own names or use their personal accounts to move money, unknowingly becoming part of illegal activities. Sgt. Dave Au with the Richmond RCMP Economic Crime Unit said they are seeing an increase in money mule recruitment, particularly among international students. “These individuals are often tricked into believing they are helping someone or earning a legitimate income," said Au. "What they don’t realize is that this makes them complicit in money laundering.” Richmond RCMP’s Economic Crime Unit (ECU) is comprised of investigators who specialize in combating complex financial crimes, including cryptocurrency fraud and emerging threats like deepfake technology. Their collaborative work across jurisdictions aims to ensure victims receive justice and fraudsters face consequences. The top fraud categories of 2024 were investment scams, crypto scams, phone scams and romance scams Fraudsters continue to exploit trust and fear, with tactics evolving to include digital platforms and social engineering. Read more about common scams on the BC RCMP website . Richmond RCMP’s ECU, Community Engagement Team (CET) and volunteers have been working to prevent fraud through public outreach efforts: This summer, officers and volunteers set up fraud prevention booths at the Richmond Night Market and conducted local presentations, engaging with thousands of residents to raise awareness. On Oct. 27, the ECU engaged with more than 1,000 shoppers at T&T Market, sharing fraud prevention pamphlets in multiple languages. CET and ECU are conducting fraud awareness presentations in seniors centres and with community groups, focusing on scams targeting vulnerable residents. These efforts are ongoing, and aim to educate the public, encourage reporting and empower the community to recognize and avoid scams. Verify offers: Be skeptical of unsolicited job offers, which should never require the use of your personal bank account to transfer money. Don’t share financial information: Never provide banking details to someone you’ve only met online or through unsolicited messages. Be cautious of cryptocurrency requests: Legitimate agencies will never ask for payment in cryptocurrency or gift cards. Report suspicious activity: If you suspect fraud, report it to the Richmond RCMP's non-emergency line at 604-278-1212 or to your police of jurisdiction. Richmond RCMP urges all residents to report suspected fraud, even if no money has been lost. Reporting fraud helps disrupt criminal networks and prevents further victimization. To learn more about protecting yourself and your loved ones from fraud, visit the Canadian Anti-Fraud Centre website . Got an opinion on this story or any others in Richmond? Send us a letter or email your thoughts or story tips to [email protected] . To stay updated on Richmond news, sign up for our daily headline newsletter . Words missing in article? 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Richmond residents have reported more than $33 million in losses due to fraud so far this year. And Richmond RCMP say vulnerable groups are being targeted, including seniors, international students and new immigrants. There have been 990 cases reported to police so far in 2024. In 2023, there were 945 cases with a loss of more than $34 million. Among the most concerning trends are money mule schemes, which are increasingly targeting international students and individuals new to Canada, explained Richmond RCMP. Criminals use tactics such as false job offers, romance scams and threats to recruit individuals to unknowingly participate in money laundering activities. A money mule is someone who transfers stolen funds on behalf of criminals, often under the guise of a job offer, personal favour or investment opportunity. Victims may be asked to open bank accounts in their own names or use their personal accounts to move money, unknowingly becoming part of illegal activities. Sgt. Dave Au with the Richmond RCMP Economic Crime Unit said they are seeing an increase in money mule recruitment, particularly among international students. “These individuals are often tricked into believing they are helping someone or earning a legitimate income," said Au. "What they don’t realize is that this makes them complicit in money laundering.” Richmond RCMP’s Economic Crime Unit (ECU) is comprised of investigators who specialize in combating complex financial crimes, including cryptocurrency fraud and emerging threats like deepfake technology. Their collaborative work across jurisdictions aims to ensure victims receive justice and fraudsters face consequences. The top fraud categories of 2024 were investment scams, crypto scams, phone scams and romance scams Fraudsters continue to exploit trust and fear, with tactics evolving to include digital platforms and social engineering. Read more about common scams on the BC RCMP website . Richmond RCMP’s ECU, Community Engagement Team (CET) and volunteers have been working to prevent fraud through public outreach efforts: This summer, officers and volunteers set up fraud prevention booths at the Richmond Night Market and conducted local presentations, engaging with thousands of residents to raise awareness. On Oct. 27, the ECU engaged with more than 1,000 shoppers at T&T Market, sharing fraud prevention pamphlets in multiple languages. CET and ECU are conducting fraud awareness presentations in seniors centres and with community groups, focusing on scams targeting vulnerable residents. These efforts are ongoing, and aim to educate the public, encourage reporting and empower the community to recognize and avoid scams. Verify offers: Be skeptical of unsolicited job offers, which should never require the use of your personal bank account to transfer money. Don’t share financial information: Never provide banking details to someone you’ve only met online or through unsolicited messages. Be cautious of cryptocurrency requests: Legitimate agencies will never ask for payment in cryptocurrency or gift cards. Report suspicious activity: If you suspect fraud, report it to the Richmond RCMP's non-emergency line at 604-278-1212 or to your police of jurisdiction. Richmond RCMP urges all residents to report suspected fraud, even if no money has been lost. Reporting fraud helps disrupt criminal networks and prevents further victimization. To learn more about protecting yourself and your loved ones from fraud, visit the Canadian Anti-Fraud Centre website . Got an opinion on this story or any others in Richmond? Send us a letter or email your thoughts or story tips to [email protected] . To stay updated on Richmond news, sign up for our daily headline newsletter . Words missing in article? Your adblocker might be preventing hyperlinked text from appearing.BBC Strictly Come Dancing's Vito and Sarah declare love before final
WASHINGTON — When Elon Musk first suggested a new effort to cut the size of government, Donald Trump didn’t seem to take it seriously. His eventual name for the idea sounded like a joke too. It would be called the Department of Government Efficiency, or DOGE, a reference to an online meme featuring a surprised-looking dog from Japan. But now that Trump has won the election, Musk’s fantasy is becoming reality, with the potential to spark a constitutional clash over the balance of power in Washington. Trump put Musk, the world’s richest man, and Vivek Ramaswamy, an entrepreneur and former Republican presidential candidate, in charge of the new department, which is really an outside advisory committee that will work with people inside the government to reduce spending and regulations. Musk and Ramaswamy said they would encourage Trump to make cuts by refusing to spend money allocated by Congress, a process known as impounding. The proposal goes against a 1974 law intended to prevent future presidents from following in the footsteps of Richard Nixon, who held back funding that he didn’t like. “We are prepared for the onslaught from entrenched interests in Washington,” Musk and Ramaswamy wrote in an opinion piece in the Wall Street Journal. ”We expect to prevail. Now is the moment for decisive action.” Trump has already suggested taking such a big step, saying last year that he would “use the president’s long-recognized impoundment power to squeeze the bloated federal bureaucracy for massive savings.” It would be a dramatic attempt to expand his powers, when he already will have the benefit of a sympathetic Republican-controlled Congress and a conservative-majority U.S. Supreme Court, and it could swiftly become one of the most closely watched legal fights of his second administration. “He might get away with it,” said William Galston, a senior fellow in governance studies at the Brookings Institution, a Washington-based think tank. “Congress’ power of the purse will turn into an advisory opinion.” Musk and Ramaswamy have started laying out their plans Right now, plans for the Department of Government Efficiency are still coming into focus. The nascent organization has put out a call for “super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.” Applicants are encouraged to submit their resumes through X, the social media company that Musk owns. In the Wall Street Journal, Musk and Ramaswamy provided the most detailed look yet at how they would operate and where they could cut. Some are longtime Republican targets, such as $535 million for the Corp. for Public Broadcasting. Other plans are more ambitious and could reshape the federal government. The two wrote that they would “identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions,” leading to “mass head-count reductions across the federal bureaucracy.” Civil service protections wouldn’t apply, they argue, because they wouldn’t be targeting specific people for political purposes. Some employees could choose “voluntary severance payments to facilitate a graceful exit.” But others would be encouraged to quit by mandating that they show up at the office five days a week, ending pandemic-era flexibility about remote work. The requirement “would result in a wave of voluntary terminations that we welcome.” Everett Kelley, president of the American Federation of Government Employees, said such cutbacks would harm services for Americans who rely on the federal government, and he suggested that Musk and Ramaswamy were in over their heads. “I don’t think they’re even remotely qualified to perform those duties,” he said. “That’s my main concern.” Kelley said his union, which represents 750,000 employees for the federal government and the city of Washington, D.C., was ready to fight attempts to slash the workforce. “We’ve been here, we’ve heard this kind of rhetoric before,” he said. “And we are prepared.” Federal regulations would be targeted for elimination There was no mention in the Wall Street Journal of Musk’s previously stated goal of cutting $2 trillion from the budget, which is nearly a third of total annual spending. Nor did they write about “Schedule F,” a potential plan to reclassify federal employees to make them easier to fire. Ramaswamy once described the idea as the “mass deportation of federal bureaucrats out of Washington, D.C.” However, Musk and Ramaswamy said they would reduce regulations that they describe as excessive. They wrote that their department “will work with legal experts embedded in government agencies, aided by advanced technology,” to review regulations that run counter to two recent Supreme Court decisions that were intended to limit federal rule-making authority. Musk and Ramaswamy said Trump could “immediately pause the enforcement of those regulations and initiate the process for review and rescission.” Chris Edwards, an expert on budget issues at the Cato Institute, said many Republicans have promised to reduce the size and role of government over the years, often to little effect. Sometimes it feels like every budget item and tax provision, no matter how obscure, has people dedicated to its preservation, turning attempts at cuts into political battles of attrition. “Presidents always seem to have higher priorities,” he said. “A lot of it falls to the wayside.” Although DOGE is scheduled to finish its work by July 4, 2026, Edwards said Musk and Ramaswamy should move faster to capitalize on momentum from Trump’s election victory. “Will it just collect dust on a shelf, or will it be put into effect?” Edwards said. “That all depends on Trump and where he is at that point in time.” Ramaswamy said in an online video that they’re planning regular “Dogecasts” to keep the public updated on their work, which he described as “a once-in-a-generation project” to eliminate “waste, fraud and abuse.” “However bad you think it is, it’s probably worse,” he said. Musk and Ramaswamy will have allies in Congress House Republicans are expected to put Rep. Marjorie Taylor Greene, a Trump ally from Georgia, in charge of a subcommittee to work with DOGE, according to two people with knowledge of the plans who were not authorized to discuss them publicly. Greene and Rep. James Comer, the Kentucky Republican who chairs the House Oversight Committee, have already met with Ramaswamy, the two people said. Musk brought up the idea for DOGE while broadcasting a conversation with Trump on X during the campaign. “I think we need a government efficiency commission to say, like, ‘Hey, where are we spending money that’s sensible. Where is it not sensible?’ ” Musk said. Musk returned to the topic twice, volunteering his services by saying “I’d be happy to help out on such a commission.” “I’d love it,” Trump replied, describing Musk as “the greatest cutter.” Musk has his own incentives to push this initiative forward. His companies, including SpaceX and Tesla, have billions of dollars in government contracts and face oversight from government regulators. After spending an estimated $200 million to support Trump’s candidacy, he’s poised to have expansive influence over the next administration. Trump even went to Texas earlier this week to watch SpaceX test its largest rocket. DOGE will have an ally in Sen. Rand Paul, a Kentucky Republican who has railed against federal spending for years. He recently told Fox News that he sent “2,000 pages of waste that can be cut” to Musk and Ramaswamy. “I’m all in and will do anything I can to help them,” Paul said. Megerian writes for the Associated Press.AI tool analyzes placentas at birth for faster detection of neonatal and maternal problems
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Javon Leake is staying put. A CFL source said Friday the veteran running back-returner has agreed to terms on a two-year extension with the Edmonton Elks. Leake was slated to become a free agent in February. The source added the deal — which was negotiated by Kenny Kim of Summit Athletes — was worth more than $270,000 in hard money. The source spoke on the condition of anonymity as the Elks hadn’t formally announced the move. The six-foot, 205-pound Leake ran for a career-high 661 yards on 102 carries (6.5-yard average) with six TDs in 15 games this past season, his first with Edmonton. Leake also had two 100-yard rushing contests in 2024 while adding 34 catches for 301 yards and a touchdown. Leake also had 23 punt returns for 214 yards and 25 kickoff returns for 539 yards. Leake joined the Elks as a free agent after spending two seasons with the Toronto Argonauts, winning a Grey Cup with the club in 2022. Leake was used predominantly as a returner with Toronto and was the CFL’s top special-teams player in 2023 after registering 81 punt returns for 1,216 yards and four TDs. He had 38 kickoff returns for 793 yards. Leake had 15 carries for 52 yards over his two seasons with the Argos. This report by The Canadian Press was first published Dec. 13, 2024.Sip, Savor and Sleigh at Belmont Park’s Winter Wonder Festival in San Diego