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David Beckham called Kath Phipps “the heartbeat of Manchester United” as tributes from players past and present poured in following the long-serving receptionist’s death at the age of 85. A lifelong fan, she was an immensely popular figure with players, managers and staff at a club she joined four months after Sir Matt Busby led them to European Cup glory in 1968. Phipps initially worked at Old Trafford in the stadium offices and on matchdays, before Sir Alex Ferguson brought her to their Carrington training ground in 2000. The United great presented her with the League Managers Association’s Service to Football award in 2022, when Beckham was among those to pay tribute. “Forever in our hearts...,” the former midfielder posted on Instagram with a photo holding Phipps’ hand. “The first and last face I would always see was Kath sat at reception at Old Trafford waiting to give me my tickets for the game. “She was the heartbeat of Manchester United, everyone knew who Kath was and everyone adored her. “I moved up to Manchester at 15 and Kath made a promise to my mum and dad ‘I’ll look after your boy for you don’t you worry’ and from that first day till the last day I spent with her that’s exactly what she did. “Old Trafford will never be the same without your smile as we walk through those doors... We love you.” The club confirmed Phipps’ death on Thursday, leading to a flood of tributes on social media from those that worked with her. United’s record goalscorer Wayne Rooney said: “The heart and soul of Manchester United. Everything what the club is about. “A legend who will be greatly missed. Thanks for the memories Kathy. Thoughts with family and friends.” Fellow United former player Patrice Evra said “losing a family member (is) never easy” alongside a photo with Phipps, who David De Gea thanked “for taking care of everyone”. Ex-United defender Rio Ferdinand said: “An absolute mainstay of Manchester United... Always welcomed me and everyone else who visited with a warm smile! Looked at life positively, incredibly selfless & would put others first! RIP.” Current squad members were also quick to pay their respects to Phipps. United skipper Bruno Fernandes reposted the club’s announcement with a heart emoji and Marcus Rashford said: “Awful news, admired by all at the club and beyond, you will be missed.” United defender Harry Maguire posted: “A legend that will never be forgotten. I will miss you. We will miss you. RIP Kath.” Right-back Diogo Dalot wrote: “We love you Kath. Thank you for showing everyday what this club is about and taking care of us.” Jadon Sancho, who is on loan at Chelsea ahead of a permanent United exit, said of Phipps: “I’m grateful that I’ve had the pleasure of meeting you, such a lovely kind hearted soul. “She always made sure I was OK and always put a smile on my face whenever I felt down, I appreciate you Kath. My condolences go out to her family through this tough time.” United have yet to confirm what tribute will be paid at Saturday’s Premier League match against Nottingham Forest. The club said in a statement: “We are deeply saddened to announce the passing of our beloved colleague Kath Phipps at the age of 85. “An omnipresent figure at Manchester United since the late 1960s, Kath worked for the club for over 55 years in a variety of roles, but her contribution went beyond any particular job title. “Kath was a one-woman institution, whose memory will be cherished by everyone at the club who had the privilege of knowing her. “She said last year: ‘I can’t imagine doing anything else’. Well, we can’t imagine the place without her.”Biden’s pardon frays justice system
DENVER--(BUSINESS WIRE)--Dec 13, 2024-- The Western Union Company (NYSE: WU) announced today that its Board of Directors approved a new $1 billion authorization for the Company to repurchase its common stock and declared a quarterly cash dividend of $0.235 per common share. The dividend will be payable December 31, 2024, to stockholders of record at the close of business on December 23, 2024. “We remain committed to returning capital to our shareholders with our disciplined approach focused on driving long-term shareholder value through both dividends and stock repurchases and today’s announcements allows us the flexibility to continue to do that,” said Devin McGranahan, President and Chief Executive Officer. Repurchases may be made at management’s discretion through open-market transactions, privately negotiated transactions, tender offers, Rule 10b5-1 plans, or by other means. The amount and timing of any repurchases made under the share repurchase program will depend on a variety of factors, including market conditions, share price, legal requirements, and other factors. The program does not have a set expiration date and may be suspended, modified, or discontinued at any time without prior notice. Safe Harbor Compliance Statement for Forward-Looking Statements This press release contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Actual outcomes and results may differ materially from those expressed in, or implied by, our forward-looking statements. Words such as “expects,” “intends,” “targets,” “anticipates,” “believes,” “estimates,” “guides,” “provides guidance,” “provides outlook,” “projects,” “designed to,” and other similar expressions or future or conditional verbs such as “may,” “will,” “should,” “would,” “could,” and “might” are intended to identify such forward-looking statements. Readers of this press release of The Western Union Company (the “Company,” “Western Union,” “we,” “our,” or “us”) should not rely solely on the forward-looking statements and should consider all uncertainties and risks discussed in the Risk Factors section and throughout the Annual Report on Form 10-K for the year ended December 31, 2023. The statements are only as of the date they are made, and the Company undertakes no obligation to update any forward-looking statement. Possible events or factors that could cause results or performance to differ materially from those expressed in our forward-looking statements include the following: (i) events related to our business and industry, such as: changes in general economic conditions and economic conditions in the regions and industries in which we operate, including global economic downturns and trade disruptions, or significantly slower growth or declines in the money transfer, payment service, and other markets in which we operate, including downturns or declines related to interruptions in migration patterns or other events, such as public health emergencies, epidemics, or pandemics, civil unrest, war, terrorism, natural disasters, or non-performance by our banks, lenders, insurers, or other financial services providers; failure to compete effectively in the money transfer and payment service industry, including among other things, with respect to price or customer experience, with global and niche or corridor money transfer providers, banks and other money transfer and payment service providers, including digital, mobile and internet-based services, card associations, and card-based payment providers, and with digital currencies and related exchanges and protocols, and other innovations in technology and business models; geopolitical tensions, political conditions and related actions, including trade restrictions and government sanctions, which may adversely affect our business and economic conditions as a whole, including interruptions of United States or other government relations with countries in which we have or are implementing significant business relationships with agents, clients, or other partners; deterioration in customer confidence in our business, or in money transfer and payment service providers generally; failure to maintain our agent network and business relationships under terms consistent with or more advantageous to us than those currently in place; our ability to adopt new technology and develop and gain market acceptance of new and enhanced services in response to changing industry and consumer needs or trends; mergers, acquisitions, and the integration of acquired businesses and technologies into our Company, divestitures, and the failure to realize anticipated financial benefits from these transactions, and events requiring us to write down our goodwill; decisions to change our business mix; changes in, and failure to manage effectively, exposure to foreign exchange rates, including the impact of the regulation of foreign exchange spreads on money transfers; changes in tax laws, or their interpretation, any subsequent regulation, and unfavorable resolution of tax contingencies; any material breach of security, including cybersecurity, or safeguards of or interruptions in any of our systems or those of our vendors or other third parties; cessation of or defects in various services provided to us by third-party vendors; our ability to realize the anticipated benefits from restructuring-related initiatives, which may include decisions to downsize or to transition operating activities from one location to another, and to minimize any disruptions in our workforce that may result from those initiatives; our ability to attract and retain qualified key employees and to manage our workforce successfully; failure to manage credit and fraud risks presented by our agents, clients, and consumers; adverse rating actions by credit rating agencies; our ability to protect our trademarks, patents, copyrights, and other intellectual property rights, and to defend ourselves against potential intellectual property infringement claims; material changes in the market value or liquidity of securities that we hold; restrictions imposed by our debt obligations; (ii) events related to our regulatory and litigation environment, such as: liabilities or loss of business resulting from a failure by us, our agents, or their subagents to comply with laws and regulations and regulatory or judicial interpretations thereof, including laws and regulations designed to protect consumers, or detect and prevent money laundering, terrorist financing, fraud, and other illicit activity; increased costs or loss of business due to regulatory initiatives and changes in laws, regulations and industry practices and standards, including changes in interpretations, in the United States and abroad, affecting us, our agents or their subagents, or the banks with which we or our agents maintain bank accounts needed to provide our services, including related to anti-money laundering regulations, anti-fraud measures, our licensing arrangements, customer due diligence, agent and subagent due diligence, registration and monitoring requirements, consumer protection requirements, remittances, immigration, and sustainability reporting including climate-related reporting; liabilities, increased costs or loss of business and unanticipated developments resulting from governmental investigations and consent agreements with, or investigations or enforcement actions by regulators and other government authorities; liabilities resulting from litigation, including class-action lawsuits and similar matters, and regulatory enforcement actions, including costs, expenses, settlements, and judgments; failure to comply with regulations and evolving industry standards regarding consumer privacy, data use, the transfer of personal data between jurisdictions, and information security, failure to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act, as well as regulations issued pursuant to it and the actions of the Consumer Financial Protection Bureau and similar legislation and regulations enacted by other governmental authorities in the United States and abroad related to consumer protection; effects of unclaimed property laws or their interpretation or the enforcement thereof; failure to maintain sufficient amounts or types of regulatory capital or other restrictions on the use of our working capital to meet the changing requirements of our regulators worldwide; changes in accounting standards, rules and interpretations, or industry standards affecting our business; and (iii) other events, such as catastrophic events and management’s ability to identify and manage these and other risks. About Western Union The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and nearly 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com . WU-G View source version on businesswire.com : https://www.businesswire.com/news/home/20241213394701/en/ CONTACT: Media Relations: Brad Jones media@westernunion.comInvestor Relations: Tom Hadley WesternUnion.IR@westernunion.com KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE PERSONAL FINANCE PAYMENTS FINANCE BANKING PROFESSIONAL SERVICES TECHNOLOGY FINTECH SOURCE: The Western Union Company Copyright Business Wire 2024. PUB: 12/13/2024 04:05 PM/DISC: 12/13/2024 04:04 PM http://www.businesswire.com/news/home/20241213394701/enNoneStock market today: Rising tech stocks pull Wall Street to another recordSocial media users are misrepresenting a Vermont Supreme Court ruling , claiming that it gives schools permission to vaccinate children even if their parents do not consent. The ruling addressed a lawsuit filed by Dario and Shujen Politella against Windham Southeast School District and state officials over the mistaken vaccination of their child against COVID-19 in 2021, when he was 6 years old. A lower court had dismissed the original complaint, as well as an amended version. An appeal to the U.S. Supreme Court was filed on Nov. 19. But the ruling by Vermont's high court is not as far-reaching as some online have claimed. In reality, it concluded that anyone protected under the Public Readiness and Emergency Preparedness Act, or PREP, Act is immune to state lawsuits. Here's a closer look at the facts. CLAIM: The Vermont Supreme Court ruled that schools can vaccinate children against their parents' wishes. THE FACTS: The claim stems from a July 26 ruling by the Vermont Supreme Court, which found that anyone protected by the PREP Act is immune to state lawsuits, including the officials named in the Politella's suit. The ruling does not authorize schools to vaccinate children at their discretion. According to the lawsuit, the Politella's son — referred to as L.P. — was given one dose of the Pfizer BioNTech COVID-19 vaccine at a vaccination clinic held at Academy School in Brattleboro even though his father, Dario, told the school's assistant principal a few days before that his son was not to receive a vaccination. In what officials described as a mistake, L.P. was removed from class and had a “handwritten label” put on his shirt with the name and date of birth of another student, L.K., who had already been vaccinated that day. L.P. was then vaccinated. Ultimately, the Vermont Supreme Court ruled that officials involved in the case could not be sued. “We conclude that the PREP Act immunizes every defendant in this case and this fact alone is enough to dismiss the case,” the Vermont Supreme Court's ruling reads. “We conclude that when the federal PREP Act immunizes a defendant, the PREP Act bars all state-law claims against that defendant as a matter of law.” The PREP Act , enacted by Congress in 2005, authorizes the secretary of the Department of Health and Human Services to issue a declaration in the event of a public health emergency providing immunity from liability for activities related to medical countermeasures, such as the administration of a vaccine, except in cases of “willful misconduct" that result in “death or serious physical injury.” A declaration against COVID-19 was issued on March 17, 2020. It is set to expire on Dec. 31. Federals suits claiming willful misconduct are filed in Washington. Social media users described the Vermont Supreme Court's ruling as having consequences beyond what it actually says. Story continues below video “The Vermont Supreme Court has ruled that schools can force-vaccinate children for Covid against the wishes of their parents,” reads one X post that had been liked and shared approximately 16,600 times as of Tuesday. “The high court ruled on a case involving a 6-year-old boy who was forced to take a Covid mRNA injection by his school. However, his family had explicitly stated that they didn't want their child to receive the ‘vaccines.’” Other users alleged that the ruling gives schools permission to give students any vaccine without parental consent, not just ones for COVID-19. Rod Smolla, president of the Vermont Law and Graduate School and an expert on constitutional law, told The Associated Press that the ruling “merely holds that the federal statute at issue, the PREP Act, preempts state lawsuits in cases in which officials mistakenly administer a vaccination without consent.” “Nothing in the Vermont Supreme Court opinion states that school officials can vaccinate a child against the instructions of the parent,” he wrote in an email. Asked whether the claims spreading online have any merit, Ronald Ferrara, an attorney representing the Politellas, told the AP that although the ruling doesn't say schools can vaccinate students regardless of parental consent, officials could interpret it to mean that they could get away with doing so under the PREP Act, at least when it comes to COVID-19 vaccines. He explained that the U.S. Supreme Court appeal seeks to clarify whether the Vermont Supreme Court interpreted the PREP Act beyond what Congress intended. “The Politella’s fundamental liberty interest to decide whether their son should receive elective medical treatment was denied by agents of the State and School,” he wrote in an email to the AP. “The Vermont Court misconstrues the scope of PREP Act immunity (which is conditioned upon informed consent for medical treatments unapproved by FDA), to cover this denial of rights and its underlying battery.” Ferrara added that he was not aware of the claims spreading online, but that he “can understand how lay people may conflate the court's mistaken grant of immunity for misconduct as tantamount to blessing such misconduct.” John Klar, who also represents the Politellas, went a step further, telling the AP that the Vermont Supreme Court ruling means that “as a matter of law” schools can get away with vaccinating students without parental consent and that parents can only sue on the federal level if death or serious bodily injury results. — Find AP Fact Checks here: https://apnews.com/APFactCheck .
TORONTO — Canada's main stock index fell more than 100 points Friday, led by losses in base metal and telecom stocks, while U.S. stock markets were mixed ahead of next week's interest rate decision from the U.S. Federal Reserve. This week, the Bank of Canada announced another outsized interest rate cut of half a percentage point while also signalling it plans to slow the pace of cuts going forward. Allan Small, senior investment adviser at iA Private Wealth, said the central bank is juggling a lot of balls heading into the new year, including a faltering economy, a housing market that’s poised to heat up, and a U.S. Fed likely to cut much slower next year. “If (the Bank of Canada) continues to cut when the U.S. doesn’t, where does that leave our dollar?” asked Small. “They’re flying by the seat of their pants.” The S&P/TSX composite index closed down 136.41 points at 25,274.30. In New York, the Dow Jones industrial average was down 86.06 points at 43,828.06. The S&P 500 index was down 0.16 points at 6,051.09, while the Nasdaq composite was up 23.88 points at 19,926.72. The Fed has done a better job of tamping down inflation while not harming the economy too much, said Small. The Fed is expected to cut by a quarter-percentage point next week, and its path is clearer than the Bank of Canada’s, said Small. “I don’t think they have much room to cut more,” he said, noting this week saw U.S. inflation data tick up from the month before. “Most people think they’ll go 25 (basis points) and pause for a little while,” said Small. “Would I be surprised to see them not cut at all? No, but I think the market would take that negatively.” Heading into the last few weeks of the year, Small said if there’s a so-called Santa Claus rally, it may be more muted than usual. “It's quite possible we've taken some gains that we normally would have had in December, brought them forward into November, and now December might not be as strong as we normally see,” he said. On Wall St., the Nasdaq did a little better than its U.S. peers as semiconductor company Broadcom saw its stock gain more than 24 per cent after reporting earnings. “I think the commentary on the conference call really caused the stock to shoot up," said Small. The company gave a bright forecast for investors on the back of expected growth in artificial intelligence. This week, Broadcom and Apple also announced a deal to develop a chip for AI. The Canadian dollar traded for 70.27 cents US compared with 70.48 cents US on Thursday. The January crude oil contract was up US$1.27 at US$71.29 per barrel and the January natural gas contract was down 18 cents at US$3.28 per mmBTU. The February gold contract was down US$33.60 at US$2,675.80 an ounce and the March copper contract was down five cents at US$4.15 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 13, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press
Former US President Jimmy Carter passed away at the age of 100 on Sunday (US local time) at his home in Plains, Georgia, as reported by the Washington Post, citing his son James E Carter III. Carter’s son confirmed his death but did not provide an immediate cause. According to the Carter Center’s statement from February 2023, after a series of hospital stays, the former US President decided to stop further medical treatment and spend his remaining time at home under hospice care. In recent years, he had been treated for an aggressive form of melanoma skin cancer, with tumors that spread to his liver and brain. Advertisement The Washington Post also noted that Carter was last photographed outside his home with family and friends on October 1, as he watched a flyover held to mark his 100th birthday. Advertisement Throughout his lifetime, Jimmy Carter wore many hats. He was a small-town peanut farmer, a US Navy veteran, and the governor of Georgia from 1971 to 1975. He became the first president from the Deep South since 1837 and the only Democrat elected president between Lyndon B Johnson and Bill Clinton’s terms in the White House. As the 39th President of the US, Carter is remembered for achieving the signing of the Camp David Accords, which led to the first significant Israeli withdrawal from territory captured in the Six-Day War of 1967 and a peace treaty between Israel and Egypt that has endured. In recognition of his efforts, Carter was awarded the Nobel Peace Prize for “his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development,” according to the Nobel Prize statement. The Washington Post report also highlighted Carter’s role in pushing through the Panama Canal treaties, which placed the critical waterway under Panamanian control, improving US relations with Latin American neighbors. Taking advantage of the opening made by US President Richard Nixon, Carter granted full diplomatic recognition to China and made human rights a central theme of American foreign policy, the report added. AdvertisementNone
In this picture from Nov. 15, 2024, Astronaut Suni Williams imitates the tentacle-like arms of the Astrobee robotic free-flyer in the foreground. Astrobee robots help astronauts reduce time they spend on routine duties, leaving them to focus more on the things that only humans can do. Working autonomously or via remote control by astronauts, flight controllers or researchers on the ground, the robots are designed to complete tasks such as taking inventory, documenting experiments conducted by astronauts with their built-in cameras or working together to move cargo throughout the station. In addition, the system serves as a research platform that can be outfitted and programmed to carry out experiments in microgravity – helping us to learn more about how robotics can benefit astronauts in space. Image credit: NASAAs Ghana’s December 7 elections draw closer, the Ashanti Regional branch of the New Patriotic Party (NPP) has reiterated its resolve to ensure that every vote is counted, amid growing concerns over intimidation tactics allegedly being deployed by the National Democratic Congress (NDC). In a media address, Dr. Francis Adomako, the Ashanti Regional Organiser for the NPP, accused the NDC of attempting to stoke voter apathy in the NPP’s stronghold. He assured the public that any such efforts would be met with strong resistance from the party. “We want to assure you of our firm commitment to a peaceful electioneering process and also indicate clearly that any form of crude tactics and intimidation will be opposed fiercely,” Dr. Adomako stated. The NPP called on the Ghana Police Service, the military, and other security agencies to remain professional in their duties and for electoral officers to ensure a smooth process, free from actions that could lead to rejected ballots or undermine the electoral process. “To the good people of the Ashanti Region, we commit to making sure your vote counts and that nobody will be allowed to intimidate you on polling day,” he added. Dr. Adomako urged the people of Ashanti to come out in large numbers to vote, emphasizing that the NPP is aiming for a massive voter turnout on Election Day. “We are hopeful of a very massive voter turnout on December 7, 2024. That is what the NDC is afraid of hence, all the crude tactics. Turn out in your numbers for a huge margin of victory for Dr. Bawumia,” he said. He also called on party supporters to be vigilant before, during, and after voting. “If possible, do not go home after voting. Position yourself at a reasonable distance from the polling area like we did in 2016 and 2020. Safeguarding every polling station is cardinal to the coming victory,” Dr. Adomako stressed.
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