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phmacao 777 Shark Tank star unleashes on AOC in brutal on-air take-downVISTA, Calif.--(BUSINESS WIRE)--Nov 21, 2024-- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company’s Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, “It has been my honor to serve as Flux’s Chairman and CEO over the last 12 years, and I'm extremely proud of the team's many accomplishments. From our early days as a pre-revenue start-up and developing the market-penetrating “lithium-ion battery pack” for the high volume ‘walkie’ pallet jack, to becoming a thriving business and recognized provider of innovative energy solutions for the motive lift and ground support equipment markets, it has been a privilege to be a part of this company. I am grateful to the entire Flux team for what we were able to achieve together, and I look forward to supporting my successor through a successful transition.” “On behalf of the Board, management team, and employees, I want to thank Ron for his exceptional leadership and continued dedication to Flux Power,” said Director Michael Johnson. “Since joining as a Director at the company’s incorporation, I have seen Ron’s commitment to fostering a culture of mutual respect and integrity that has been foundational to the company’s success. His vision and dedication have been pivotal in the formation, development, and sustained growth of Flux Power. The Board of Directors and the entire Flux team appreciate his outstanding leadership and the lasting impact he has made on the organization. Looking ahead, we are committed to identifying the best candidate to continue our mission and build upon our strong foundation, and we look forward to working with Ron to ensure a smooth transition.” About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as “anticipated,” “forward,” “will,” “would,” “could,” “may,” “intend,” “remain,” “potential,” “prepare,” “expected,” “believe,” “plan,” “seek,” “continue,” “estimate,” “and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements with respect to: the expected adjustments to the Company’s financial statements, including the estimated amount and impact of adjustments on the Company’s financial statements, expectations with respect to the Company’s internal control over financial reporting and disclosure controls and procedures and related remediation, the potential for additional adjustments to the Company’s financial statements and additional restatements, the Company’s ability to access its revolving credit facility, expected filing of its Form 10-K, and effect and impact on Company’s business and credit facility. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company’s control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company’s financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information resulting to additional adjustments; delays in the Company’s financial reporting, including as a result of unanticipated factors; the Company’s ability to obtain necessary waivers or amendments to its credit facility in the future; the risk that the Company may become subject to stockholder lawsuits or claims; the Company’s ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company’s critical accounting policies, or any of the Company’s estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company’s financial and business projections and guidance and may cause the Company’s actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com : https://www.businesswire.com/news/home/20241121700521/en/ CONTACT: Media & Investor Relations: media@fluxpower.com info@fluxpower.com External Investor Relations: Chris Tyson,Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER ENERGY TECHNOLOGY BATTERIES ALTERNATIVE ENERGY ENERGY HARDWARE SOURCE: Flux Power Holdings, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:01 PM/DISC: 11/21/2024 04:02 PM http://www.businesswire.com/news/home/20241121700521/enA New Multiyear Partnership Between Discount Tire and Elite Clubs National League

California Governor Gavin Newsom has asked state legislators to set aside $25 million for legal fees to respond to potential challenges by the incoming Trump administration on its progressive policies. The Governor convened a special session on Monday at the state’s Capitol to "Trump-proof" California and protect its policies on civil rights, climate change , immigration and abortion access. Newsom asked his allies in the Legislature to approve additional funding for the attorney general’s office to prepare for a legal battle against Trump. “We will work with the incoming administration and we want President Trump to succeed in serving all Americans,” Newsom said. “But when there is overreach, when lives are threatened, when rights and freedoms are targeted, we will take action.” Legislation was introduced to set aside $25 million to create a litigation fund. During Trump’s first term in office, California sued the administration more than 120 times, spending around $42 million in litigation costs, officials said. “This special session is about sticking up for Californians and for California values,” Democratic state Senator Scott Wiener said. “It is about ensuring that the president of the United States and his administration actually follow the law.” Trump and Newsom have repeatedly traded barbs, with the Republican frequently referring to the Governor as “New-scum” during the campaign trail. Trump has also criticized California over its large population of illegal immigrants and its homelessness issues. Newsom said he wanted funding in place before Trump’s inauguration in January.

On its face, Alberta Premier Danielle Smith’s screwball scheme to create a provincial border patrol force intended to prevent Canadian citizens from crossing the U.S. border into Montana is blatantly unconstitutional. As evidence, I give you section 6.1 of the Canadian Charter of Rights and Freedoms : “Every citizen of Canada has the right to enter, remain in and leave Canada.” Plus, of course, controlling the border is clearly federal jurisdiction – never mind Smith’s hypersensitivity about federal intrusions, mostly imagined, into provincial jurisdiction. If truckloads of Alberta Sheriffs passing their time driving around in the vicinity of Coutts or Del Bonita have probable cause to believe a passing pickup is carrying a load of fentanyl, for example, they would be within their rights to pull the vehicle over and take a peek in the cargo bed. After all, we have criminal laws in Canada about that kind of thing. If the driver and passengers of the pickup are not Canadian citizens, the situation might be murkier, but only slightly. But if the occupants of the pickup intend to present themselves properly to U.S. officials at the border, the Smith’s promised squad of border Sheriffs have no business harassing them. And if they do not, well, that’s not our problem! Indeed, that is why our neighbour’s government has its own United States Border Patrol with a budget of $5.4 billion US in 2022 and which, by all accounts, is quite capable of doing its job properly, at least along the long border with Canada. If large numbers of Canadians are sneaking into Montana to improperly spend their Loonies buying cheap garments made in American Samoa at the Target store in Great Falls, the two national governments presumably know what number to call to discuss what to do about it. There is in fact, notwithstanding Smith’s unseemly rush to defend Trump’s crude fantasies, not much of a problem on the Americans’ northern border – at least going in a southerly direction. Yes, it is well understood that a significant number of American truckers – indeed, almost all of them – illegally bring firearms into Canada whenever they cross the line to carry fresh vegetables from California or Arizona to Canadian grocery shelves. But this is largely winked at by Canadian authorities because they understand the truckers need firearms for protection back home in the Benighted States and are unlikely to discharge them at passers-by in the short time they are north of the border. As for illegal migrants, we Canadians are the ones who should be preparing to harden the border to prevent an unmanageable flow of refugees from the United States, including many U.S. citizens, who are bound to try to cross into Canada if Trump keeps some of his non-tariff promises. In the unlikely event Trump is actually able to impose his 25-per-cent tariff on All Things Canadian, then searching trucks originating in the United States and impounding their drivers’ firearms would seem like a perfectly reasonable and constitutionally defensible activity for the Canada Border Services Agency to engage in. But as was noted in this space yesterday, Trump’s fairy tale about an influx of illegal border-crossers from Canada or shipments of dangerous illegal drugs manufactured in Canada is performative, intended to justify his use of the 1974 U.S. Trade Act to impose tariffs on an emergency basis without the assent of the U.S. Congress. Even so, such tariffs would be restricted to 15 per cent, for 150 days, without Congressional approval. Smith knows this, too, of course, and she is gaslighting when she claims Trump has a sound point, as she did again today when she published a whiny official statement about Trudeau’s meeting with Trump to discuss tariffs (embarrassingly spelled “tarif” in the notice emailed to media), which she used as an excuse to complain about the federal emissions cap the UCP persists in calling a production cap. Premier Smith’s repeated defence of Trump is based more in her sympathy with the president-elect’s MAGA worldview than any honest belief his complaints about the U.S.-Canadian border are justified, which they clearly are not. Evidence? Well, the UCP and its federal Conservative allies certainly never hesitated to attack policies of recent Democratic U.S. presidents like Barack Obama or Joe Biden with whom they disagreed, or to ignore them if they could. It is becoming increasingly clear from her words and deeds that this premier and close advisors like Chief of Staff Rob Anderson, one of the authors of the “Free Alberta Strategy,” despise Canada, distrust Canadians, and wish Alberta could be remade in the image of the United States. So this nonsense about creating an Alberta border patrol is intended above all to poke a stick in Ottawa’s eye, open another front in the UCP’s taxpayer supported campaign against the Liberal Government, and create incursions into federal jurisdiction to see if anyone will push back – which the preoccupied Trudeau Government never seems to do. That’s a pity. Support rabble today! We’re so glad you stopped by! Thanks for consuming rabble content this year. rabble.ca is 100% reader and donor funded, so as an avid reader of our content, we hope you will consider gifting rabble with a donation during our summer fundraiser today. Nick Seebruch, editor Whether it be a one-time donation or a small monthly contribution, your support is critical to keep rabble writers producing the work you’ve come to rely on as a part of a healthy media diet. Become a rabble rouser — donate to rabble.ca today. Nick Seebruch, editor Support rabble.caOttawa police seek assistance as they look for missing man

In football there are comings and there are goings, but rarely both at the same time. Might this have been one of those moments? Will Ruud van Nistelrooy ’s first match in charge of Leicester prove to have been Julen Lopetegui ’s last in charge of West Ham ? Quite what Tuesday night’s bitterly disappointing 3-1 defeat at a bitterly cold King Power Stadium means for Lopetegui's future will become clear in the coming days, but it can’t be good. Here was the start of a supposedly presentable run of fixtures leading into Christmas, a potential lifeline that could lift the Basque boss free from the pressure he is under. Instead, time now moves more quickly. Will those games still be his to take charge of after this? The West Ham board have plenty to ponder before Wolves come to town on Monday, and very little of it is positive in tone. After Bobby De Cordova-Reid scored to make it 3-0 (a goal later disallowed for offside), the chants of “you’re getting sacked in the morning” rang out around the ground loud and clear, directed at a man whose body language all night was nervy and negative. Another question: can a team rain down a record number of shots on their opponents’ goal and still not have played well? Yes. Having tested the patience of their fanbase all season, Lopetegui’s side are testing the realms of possibility now too. The 20 shots they registered in the first half was a Premier League record for the Hammers, and yet the only clinical strike was one of Leicester’s measly three — scored by Jamie Vardy inside two minutes and setting West Ham on the way to a damaging defeat. Lopetegui made a raft of changes for this game, dropping Emerson for Vladimir Coufal — who played backwards constantly — and moving Aaron Wan-Bissaka onto the left, where he was significantly less effective. Danny Ings started in favour of Michail Antonio but only lasted 45 minutes. West Ham’s utterly torrid centre-back pairing of Dinos Mavropanos and Max Kilman never learned from the lesson Vardy gave them after a mere 98 seconds, when he took advantage of their lax high line to run in behind and score. The Hammers’ passing in the final third was often just too intricate, and Leicester tore away at real pace. The centre-backs were exposed, and then disposed of, first by Vardy, then by Bilal El Khannouss, and finally by substitute Patson Daka. That Niclas Fullkrug came on in the 79th minute and scored his first goal for West Ham, following three months out injured, was the tiniest of silver linings. He then missed a golden chance for a second deep into injury time. But this was a grim night for West Ham. It could prove to be terminal for their manager.

Trump risks legal clashes in plans to not spend appropriationsN.B. municipal by-elections show feast or famine on candidates amid challenging political timesAs CFP run continues, Penn State hopes to get passing game on track

WASHINGTON (AP) — The Justice Department is ramping up efforts to address a crisis of suicides and systemic failures in federal prisons and jails, announcing sweeping reforms aimed at overhauling how mental health care is provided behind bars. Deputy Attorney General Lisa Monaco outlined the measures in a memo and report Tuesday, directing the Bureau of Prisons to update suicide prevention protocols, improve mental health assessments for inmates, and adopt data-driven strategies to reduce deaths in custody. The reforms will also apply to facilities overseen by the U.S. Marshals Service, a broader effort to address chronic shortcomings across the federal detention system. The 14-page report said the measures “will strengthen the Department’s capacity to reduce the risk of suicide by adults in federal custody and advance a culture of safety in its institutions.” The announcement comes after increasing scrutiny on the federal prison system and a scathing report from the Justice Department’s inspector general earlier this year, which found that systemic lapses—like those that allowed financier Jeffrey Epstein’s 2019 death—have contributed to the deaths of hundreds of federal inmates over the years. An ongoing Associated Press investigation has exposed serious issues in the Bureau of Prisons, including rampant misconduct, sexual abuse by staff, dozens of escapes, chronic violence, and staffing shortages that have left its employees ill-equipped to respond to emergencies. Monaco, who has prioritized prison reform during her tenure, has been pressing agency officials to tackle these issues, holding regular meetings to drive change in one of the federal government’s most troubled institutions. In the memo, obtained by The Associated Press, Monaco said the Justice Department must “strive to avert every preventable death of an individual in its custody.” “In pursuit of that goal, individuals who are detained or incarcerated in the custody of the U.S. Marshals Service (USMS) or Federal Bureau of Prisons (FBOP) should receive timely mental health assessments and ready access to potentially life-saving mental health services,” the memo said. The Justice Department would embrace a “multifaceted approach to reducing the risk of suicide and self-directed violence” for both inmates and staff, according to the memo. “The Department of Justice is committed to protecting the health and safety of every individual in our custody,” Monaco said in a statement. “Today’s reforms—recommended by experts from across the Department’s litigation, law enforcement, and policy operations—will reduce the risk of suicide among adults in federal facilities. Simply put, these measures can help us save lives."

Looking into the current session, Eaton Corp Inc. ETN shares are trading at $358.18, after a 0.13% decrease. Over the past month, the stock fell by 0.64% , but over the past year, it actually increased by 50.42% . With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. A Look at Eaton Corp P/E Relative to Its Competitors The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. Compared to the aggregate P/E ratio of the 66.32 in the Electrical Equipment industry, Eaton Corp Inc. has a lower P/E ratio of 38.15 . Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Walmart , the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists. The company confirmed on Monday to The Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. That would include chest binders intended for youth who are going through a gender change, the company said. Philadelphia news 24/7: Watch NBC10 free wherever you are The Bentonville, Arkansas-based retailer will also be reviewing grants to Pride events to make sure it is not financially supporting sexualized content targeting kids. For example, the company wants to makes sure a family pavilion is not next to a drag show at a Pride event, the company said. Walmart will also no longer consider race and gender as a way to increase diversity when it offers supplier contracts. The company said it didn't have quotas and will not do so going forward. It will stop collecting demographic data when determining financing eligibility for those grants. “We’ve been on a journey and know we aren’t perfect, but every decision comes from a place of wanting to foster a sense of belonging, to open doors to opportunities for all our associates, customers and suppliers and to be a Walmart for everyone,” the company said in a statement. Walmart confirmed the changes after conservative political commentator and anti-DEI activist Robby Starbuck posted on X that he was in touch with the retailer about a story he was doing about “wokeness” and he said he ended up having "productive conversations” with Walmart. "This is the biggest win yet for our movement to end wokeness in corporate America," wrote Starbuck, who has gone after companies including Deere & Co., Lowe's, Tractor Supply and Boeing.

MAPUTO, Mozambique. (AP) — At least 6,000 inmates escaped from a high-security prison in Mozambique’s capital on Christmas Day after a rebellion, the country's police chief said, as widespread post-election riots and violence are roiling the country. Police chief Bernardino Rafael said 33 prisoners died and 15 others were injured during a confrontation with the security forces. The prisoners fled during violent protests that have seen police cars, stations and infrastructure destroyed after the country’s Constitutional Council confirmed the ruling Frelimo party as the winner of the Oct. 9 elections. The escape from the Maputo Central Prison, located 14 kilometers (9 miles) southwest of the capital, started around midday on Wednesday after “agitation” by a “group of subversive protesters” nearby, Rafael said. Some of the prisoners at the facility snatched weapons from the guards and started freeing other detainees. “A curious fact is that in that prison we had 29 convicted terrorists, who they released. We are worried, as a country, as Mozambicans, as members of the defense and security forces,” said Rafael. “They (protesters) were making noise, demanding that they be able to remove the prisoners who are there serving their sentences”, said Rafael, adding that the protests led to the collapse of a wall, allowing the prisoners to flee. He called on the escaped prisoners to surrender to authorities and for the population to be informed about the fugitives. Videos circulating on social media show the moment inmates left the prison, while other recordings reveal captures made by military personnel and prison guards. Many prisoners tried to hide in homes, but some were unsuccessful and ended up being detained again. In one video, a prisoner still with handcuffs on his right wrist says he was held n the disciplinary section of the prison and was released by other inmates.

Going against the herd: SocGen's big warning, says U.S is heading for a big recession

Vietnam’s sweeping administrative cuts trigger investors’ anticipation, worriesANN ARBOR, Mich. — Michigan's defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25, making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title. Michigan (6-5, 4-4 Big Ten) failed to meet those modest expectations, barely becoming eligible to play in a bowl and putting the program in danger of losing six or seven games for the first time since the Brady Hoke era ended a decade ago. The Wolverines potentially can ease some of the pain with a win against rival and second-ranked Ohio State (10-1, 7-1, No. 2 CFP) on Saturday in the Horseshoe, but that would be a stunning upset. Ohio State is a 21 1/2-point favorite, according to the BetMGM Sportsbook, and that marks just the third time this century that there has been a spread of at least 20 1/2 points in what is known as "The Game." Michigan coach Sherrone Moore doesn't sound like someone who is motivating players with an underdog mentality. "I don't think none of that matters in this game," Moore said Monday. "It doesn't matter the records. It doesn't matter anything. The spread, that doesn't matter." How did Michigan end up with a relative mess of a season on the field, coming off its first national title since 1997? Winning it all with a coach and star player contemplating being in the NFL for the 2024 season seemed to have unintended consequences for the current squad. The Wolverines closed the College Football Playoff with a win over Washington on Jan. 8; several days later quarterback J.J. McCarthy announced he was skipping his senior season; and it took more than another week for Jim Harbaugh to bolt to coach the Los Angeles Chargers. In the meantime, most quality quarterbacks wanting to transfer had already enrolled at other schools and Moore was left with lackluster options. Davis Warren beat out Alex Orji to be the team's quarterback for the opener and later lost the job to Orji only to get it back again. No matter who was under center, however, would've likely struggled this year behind an offensive line that sent six players to the NFL. The Wolverines lost one of their top players on defense, safety Rod Moore, to a season-ending injury last spring and another one, preseason All-America cornerback Will Johnson, hasn't played in more than a month because of an injury. The Buckeyes are not planning to show any mercy after losing three straight in the series. "We're going to attack them," Ohio State defensive end Jack Sawyer said. "We know they're going to come in here swinging, too, and they've still got a good team even though the record doesn't indicate it. This game, it never matters what the records are." While a win would not suddenly make the Wolverines' season a success, it could help Moore build some momentum a week after top-rated freshman quarterback Bryce Underwood flipped his commitment from LSU to Michigan. "You come to Michigan to beat Ohio," said defensive back Quinten Johnson, intentionally leaving the word State out when referring to the rival. "That's one of the pillars of the Michigan football program. "It doesn't necessarily change the fact of where we are in the season, but it definitely is one of the defining moments of your career here at Michigan." AP Sports Writer Mitch Stacy in Columbus, Ohio, contributed to this report. Get local news delivered to your inbox!

MAPUTO, Mozambique. (AP) — At least 6,000 inmates escaped from a high-security prison in Mozambique’s capital on Christmas Day after a rebellion, the country's police chief said, as widespread post-election riots and violence are roiling the country. Police chief Bernardino Rafael said 33 prisoners died and 15 others were injured during a confrontation with the security forces. The prisoners fled during violent protests that have seen police cars, stations and infrastructure destroyed after the country’s Constitutional Council confirmed the ruling Frelimo party as the winner of the Oct. 9 elections. The escape from the Maputo Central Prison, located 14 kilometers (9 miles) southwest of the capital, started around midday on Wednesday after “agitation” by a “group of subversive protesters” nearby, Rafael said. Some of the prisoners at the facility snatched weapons from the guards and started freeing other detainees. “A curious fact is that in that prison we had 29 convicted terrorists, who they released. We are worried, as a country, as Mozambicans, as members of the defense and security forces,” said Rafael. “They (protesters) were making noise, demanding that they be able to remove the prisoners who are there serving their sentences”, said Rafael, adding that the protests led to the collapse of a wall, allowing the prisoners to flee. He called on the escaped prisoners to surrender to authorities and for the population to be informed about the fugitives. Videos circulating on social media show the moment inmates left the prison, while other recordings reveal captures made by military personnel and prison guards. Many prisoners tried to hide in homes, but some were unsuccessful and ended up being detained again. In one video, a prisoner still with handcuffs on his right wrist says he was held n the disciplinary section of the prison and was released by other inmates.A judge has once again rejected Musk's multi-billion-dollar Tesla pay package. Now what?