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Ford says he has 'zero tolerance' for intimate partner violence, but not yet declaring it epidemic
LANSING, Mich. — Gov. Gretchen Whitmer, Michigan's top elected official, spent about one in every four days outside the state's borders over the first nine months of the year, according to data released by her office and an analysis by The Detroit News. Multiple former state leaders said the rate of trips totaling at least eight weeks appeared to exceed past governors' out-of-state travel. Whitmer's critics contended the numbers pointed to misplaced priorities for the second-term Democrat, while her supporters said they were a result of her ballooning role in national politics during a presidential election year. This year, Whitmer was co-chairwoman for Vice President Kamala Harris' unsuccessful campaign for president and authored a book that spurred a national tour with stops in Martha's Vineyard , Seattle and San Francisco . Some Democrats view Whitmer, a 53-year-old former state lawmaker, as a potential future candidate for president. "The mere fact of eligibility enhances your profile and, consequently, demand for your presence," said John Cherry Jr., a Democrat who served as lieutenant governor under former Gov. Jennifer Granholm . Granholm was born in Canada and couldn't seek the presidency. Dick Posthumus, who was lieutenant governor under Republican former Gov. John Engler, said he couldn't recall any governor from either party being out of state 25% of the time in one year. "But maybe there is good reason," Posthumus added of Whitmer's travels. Through a Freedom of Information Act request, The News obtained a list of payments made this year from the state Treasury to current Lt. Gov. Garlin Gilchrist II, who receives a bump in compensation each quarter for the days he spends as Michigan's acting governor when Whitmer is out of the state. As lieutenant governor, Gilchrist makes $111,510 a year, before taxes and other deductions. As governor, Whitmer makes about $159,300 annually. For the period from January through September 2024, Gilchrist received $6,211 in extra pay above his base level, according to Treasury's data. The numbers, released by Treasury, didn't show what deduction rates applied to any of Gilchrist's compensation or specifically how many days he was paid to serve as acting governor. An analysis by The News indicated that he could have been paid for as many as 78 days — 29% of the first nine months — if the rate of his deductions held steady for the extra pay. But Bobby Leddy, spokesman for Whitmer, said Gilchrist was paid as acting governor for 58 days — 21% of the first nine months. Leddy wouldn't disclose specifically how many days Whitmer has spent outside Michigan in 2024 so far, and it's unclear if Gilchrist was paid extra each day Whitmer left the state. As governor, Whitmer can still communicate with her staff and conduct state business when she's not physically in Michigan. But the state constitution prohibits the governor from signing laws when she's absent from the state. Ron Leix, spokesman for Treasury, said his agency had no information about why Gilchrist was paid the amounts he was and simply processes the payments. There were periods when both Whitmer and Gilchrist were not in Michigan. Secretary of State Jocelyn Benson served as acting governor for an additional three days this year, her spokeswoman Cheri Hardmon said. And on July 25, Attorney General Dana Nessel briefly served as acting governor, signing a bill into law . Whitmer, Gilchrist, Benson and Nessel also attended the Democratic National Convention in August, meaning they were all out of the state for additional days. Those periods, potentially eight more days, along with the 58 disclosed by the governor's office would equal 24% of the first nine months of the year. 'Very common practice' In a statement, Leddy said it's standard for a governor’s duties to require work out of state, "whether that’s to meet with federal officials and the president of the United States or lead overseas missions to bring jobs back home." “During election cycles, it’s a very common practice for governors of both parties to support their candidates on the road," Leddy said. "As co-chair of the Harris campaign, Gov. Whitmer was proud to play a prominent role on behalf of the president and vice president." Leddy released the statement to The News a day after the governor's office announced Whitmer had departed on a three-day trade mission to Spain. Whitmer went on a similar trade mission to Taiwan and South Korea in March . The 58 days that Gilchrist was paid to serve as governor over the first nine months of 2024 appeared to be higher than at least some of the past years of Whitmer's own time in the office. In 2019, Gilchrist was paid as acting governor for 43 days, and in 2020, the year of the COVID-19 pandemic, he was paid for just eight days, the Lansing-based political newsletter Michigan Information & Research Service (MIRS News) reported in 2021 . Under current state law, the Michigan governor's office is not subject to the Freedom of Information Act, which requires most government agencies in the state to fulfill requests for documents from the public. If such a policy were in place, the public could likely determine when Whitmer leaves Michigan through officials' calendars or any internal documents detailing the reasons for Gilchrist's pay being hiked. Bills to remove the FOIA exemption for the governor's office passed the state Senate in June and are currently pending in the state House. Calendars that Whitmer's office voluntarily makes available do not reflect all of her out-of-state travel. For example, Whitmer spoke at the Democratic National Convention in Chicago on Aug. 22. Her office calendar for that date said she participated in "check-ins with team" and "staff calls." Whitmer appeared on the "Late Show With Stephen Colbert" on July 10 in New York to promote her book, "TRUE GRETCH: What I’ve Learned About Life, Leadership, and Everything in Between." Her office calendar for that day also said only "check-ins with team" and "staff calls." Impact on the Legislature Under the Michigan Constitution, the lieutenant governor holds the powers of the governor when the governor is "absent" from the state. If they're both absent, the powers go to the secretary of state and then the attorney general. In an interview Tuesday, Michigan House Minority Leader Matt Hall, R-Richland Township, who will become the House speaker next term, said he hears "all of the time" from Democrats in the Legislature complaining about Whitmer not being physically present in Lansing enough. Hall didn't specify which Democrats had told him that in the past. However, Hall argued that Whitmer's national ambitions had influenced Democrats in the state, including House Speaker Joe Tate, D-Detroit, to care more about national issues than state matters, like improving roads and funding schools. "Tate let her walk them down that plank," Hall said. A spokeswoman for Tate didn't immediately respond to a request for comment on Tuesday. Asked how many days Hall was outside Michigan in 2024, Hall said it was a "very small number." This year is a potentially significant one for Democrats in Michigan because, in 2022, they won majorities in both the House and Senate for the first time in 40 years. In the Nov. 5 election, Republicans won back control in the House, meaning Democrats' two-year hold on power in Lansing will conclude at the end of December. Cherry, who was lieutenant governor from 2003 through 2010, said Whitmer has been around for the big policy moments in Lansing and has a legislative team always working in the Capitol. "I just can't image the governor's travel can stand in the way of legislative progress," Cherry said. However, with a laugh, Cherry acknowledged he didn't recall being "in demand" as much as Gilchrist has been as acting governor in 2024. ( Detroit News staff writer Beth LeBlanc contributed to this story.) ©2024 www.detroitnews.com . Visit at detroitnews.com . Distributed by Tribune Content Agency, LLC.DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” What will Musk and Tesla do now? On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” What do experts say about the case? Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” What will the Delaware Supreme Court do? Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Can Tesla appeal to federal courts? Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. Tesla has moved its legal headquarters to Texas. Does that matter? The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Would a new pay package be even larger? Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares. Tom Krisher, The Associated PressNot all Thanksgivings are equal. Some we embrace. For others, we have to work harder to find our gratitude. If you fit into the latter category, I hope I can help. I’ll start with a strange analogy. When I was in college taking chemistry, during test time, I would be highly stressed. The subject did not appeal to my strengths. I started each test by writing in the corner “PV=NRT.” It was a small but essential equation that somehow fortified me. I called this my “think small strategy” because five letters and an equal sign anchored me. I found my way and was able to succeed. Between my friends and the Medium platform, where millions of writers share their words, I know many people can’t square today’s politics with gratitude. You don’t have to be in their shoes to understand the feeling, though I don’t agree with suggestions by some to “shut out the family” who, in their minds, voted wrong. Family triumphs over everything, and we should work to listen better and understand more, no matter how foreign the thinking is. And yes, “work” is the word. It’s not easy. If, however, you are considering family secession because gratitude is not within reach, my advice is, “Think small.” Find the moments and experiences in your life that you can embrace — the ones that go way beyond politics — and they can be very small. I’ll share some of mine. Dogs: A big blessing in my family has been two goldendoodles. Four years ago, I anticipated losing our most beloved dog, Nemo. For Thanksgiving, I wrote about anticipating the loss of Nemo’s happy howl. We all cried and welcomed our puppy-in-training, Teddy, to the mix. Growth: The following year, we had COVID. I felt trapped in my home as my husband and I watched seven seasons of Helen Mirren’s “Prime Suspect” series — brilliant but very dark. I also read Jim Rasenberger’s “America 1908,” which explored another challenging time when our nation was soul-searching. On that COVID Thanksgiving, I was irritable but rescued again by thinking small. I considered how COVID made our kids the grownups in the room. They had definitely matured, and now they sometimes give us advice. While we didn’t like being watched over, we were reassured that our future was in good hands. Memories: We’ve weathered back-to-back years of losing our treasured matriarchs. One matriarch was a music teacher and choir leader, and we sang our way toward honoring her memory. The other, my mother, was Curious George with the disposition of a saint. We laughed as we remembered her wanting an iPad so she could finally understand why the Shah of Iran was deposed. Of course, she couldn’t work the iPad, but my son stepped in to give her a history lesson. Last year, I almost skipped writing a Thanksgiving column. The rise in antisemitism and the fear pervading college campuses completely sapped my gratitude. Then came a “simple” gesture that rescued my faith. A group of 100 universities expedited admissions to Jewish students if they were looking to transfer to a safe haven. The coalition was a mix of faith-based, public and private, and historically black colleges and universities. That small gesture meant everything to me; I could write my column by going small. What if politics is stuck in your craw, and you can’t shake your mood? I offer this short answer: Start with the freedoms we are blessed to have and the value of a democracy where people get to vote. Then, proceed to the theme of “comebacks happen.” My final advice: Going small can also mean finding a local unrelated story that is so sweet it warms your heart and picks up your mood. Today’s winner was the story of a 5-year-old boy with autism who recently saved a family next door by waking up his father when, late at night, he noticed a fire burning. The father took action, fire trucks came, and the family and furry friends were saved while the house blazed. There are stories to be found that can make us smile. There are comebacks in the works that can create hope. Gratitude is within reach if we will it. Jill Ebstein is an author and the founder of Sized Right Marketing. She wrote this for InsideSources.com .
Offering patients an injection is more effective than the current care of steroid tablets and cuts the need for further treatment by 30%, according to a study. Benralizumab is a monoclonal antibody that targets specific white blood cells, called eosinophils, to reduce lung inflammation. It is currently used as a repeat treatment for severe asthma at a low dose, but a new clinical trial has found that a higher single dose can be very effective if injected at the time of a flare-up. The findings, published in the Lancet Respiratory Medicine, included 158 people who needed medical attention in A&E for their asthma or COPD attack (COPD is a group of lung conditions that cause breathing difficulties). Patients were given a quick blood test to see what type of attack they were having, with those suffering an “eosinophilic exacerbation” involving eosinophils (a type of white blood cell) being suitable for treatment. Around 50% of asthma attacks are eosinophilic exacerbations, as are 30% of COPD ones, according to the scientists. The clinical trial, led by King’s College London and carried out at Oxford University Hospitals NHS Foundation Trust and Guy’s and St Thomas’ NHS Foundation Trust, saw patients randomly split into three groups. One group received the benralizumab injection and dummy tablets, another received standard care (prednisolone steroids 30mg daily for five days) and a dummy injection, and the third group received both the benralizumab injection and steroids. After 28 days, respiratory symptoms of cough, wheeze, breathlessness and sputum were found to be better in people on benralizumab. And after 90 days, there were four times fewer people in the benralizumab group who failed treatment compared with those receiving steroids. Treatment with the benralizumab injection also took longer to fail, meaning fewer visits to a GP or hospital for patients, researchers said. Furthermore, people also reported a better quality of life on the new regime. Scientists at King’s said steroids can have severe side-effects such as increasing the risk of diabetes and osteoporosis, meaning switching to benralizumab could provide huge benefits. Lead investigator Professor Mona Bafadhel, from King’s, said: “This could be a game-changer for people with asthma and COPD. “Treatment for asthma and COPD exacerbations have not changed in 50 years, despite causing 3.8 million deaths worldwide a year combined. “Benralizumab is a safe and effective drug already used to manage severe asthma. “We’ve used the drug in a different way – at the point of an exacerbation – to show that it’s more effective than steroid tablets, which is the only treatment currently available.” Researchers said benralizumab could also potentially be administered safely at home or in a GP practice, as well as in A&E. First author Dr Sanjay Ramakrishnan, clinical senior lecturer at the University of Western Australia, said: “Our study shows massive promise for asthma and COPD treatment. “COPD is the third leading cause of death worldwide but treatment for the condition is stuck in the 20th century. “We need to provide these patients with life-saving options before their time runs out.” Dr Samantha Walker, director of research and innovation at Asthma and Lung UK, welcomed the findings but said: “It’s appalling that this is the first new treatment for those suffering from asthma and COPD attacks in 50 years, indicating how desperately underfunded lung health research is.” AstraZeneca provided the drug for the study and funded the research, but had no input into trial design, delivery, analysis or interpretation.
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Qatar tribune qNA London Lord Mayor of the City of London Alastair King emphasized that the state visit of His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani to the United Kingdom is a celebration of the wonderful relations between Qatar and Britain in the areas of trade, finance, cultural activities and more. In his remarks to Qatar News Agency (QNA), the Lord Mayor of the City of London said that the UK is very pleased to welcome HH the Amir to London, along waited visit that comes at a historic moment, as they prepare to announce the UK-GCC Free Trade Agreement, which they hope will be signed soon. He noted that the agreement will create huge opportunities for both Qatari and British companies. Lord Alastair King indicated that the United Kingdom views Qatar as a very important investment partner and is grateful for the confidence shown in Qatar’s investments in many of its institutions and businesses. He added that the investments are not limited to London only, but extend to several parts of the United Kingdom, as investment opportunities also exist in the southeast of England. He added that he is working to encourage companies in the United Kingdom to launch and look for new markets in places like Qatar. He pointed that Britain has a lot of experience in things like sustainable finance and project finance, noting that he is awaiting Qatari investors to enter some of the unusual technological fields that Britain has. He highlighted that Qatar is looking with interest at these areas, in addition to other areas such as the extraordinary scientific development in the life sciences, adding that there is a wonderful flow of investments in both directions between Qatar and the United Kingdom. He added that London and Doha have very close relations, with a number of Qatari institutions and banks and other institutions based in London, doing a lot of business. It is also great to see British banks well represented in Qatar. Qatari money is invested in other British financial institutions, and there are some other financial institutions in Qatar, which attract some British investment. Speaking about British trade with GCC countries, Lord Mayor of the City of London Alastair King told QNA that the trade between the two sides is expected to grow by 16 percent to around GBP 57 billion. He noted that there are exceptional opportunities in UK-Qatar relations, and the free trade agreement will allow for a lot of investment flows between the two countries. He pointed out that the GCC countries are the UK’s fourth largest trading partner, adding that there are investment opportunities in many different sectors. The Lord Mayor of the City of London said that there is a lot of investment coming from Qatar in terms of green finance, an area where the UK feels it is the market leader, as they have GBP 91 billion of assets under management in green investment funds, and there is Qatari participation in those investment funds, which is very pleasing. He added that they see a huge opportunity to push green investment forward following the signing of the UK-GCC Free Trade Agreement, one example of which is the issuance of green Sukuks on the London Stock Exchange, which he will be discussing with a number of Qatari institutions during his visit to Doha in May 2025. The Lord Mayor of the City of London concluded his remarks to QNA by saying that the meetings with HH the Amir during the visit will create exceptional opportunities to build on commercial relations, and there are several things that they will discuss with His Highness, looking forward to working on how to develop these relations in the field of financial and professional services. Copy 04/12/2024 10House Speaker Mike Johnson called on President Joe Biden and other Democrats to "speak up" after Donald Trump 's transition team said his Cabinet picks had been targeted by "violent" threats. Trump-Vance transition spokeswoman Karoline Leavitt said in a statement shared Wednesday morning to X (formerly Twitter ) that "several" of the president-elect's nominees had been "targeted in violent, unAmerican threats to their lives and those who live with them" on Tuesday night and Wednesday morning. "These attacks ranged from bomb threats to 'swatting,'" said Leavitt, referring to the practice of sending police rushing to a target's home by falsely reporting a crime or emergency. "Law enforcement and other authorities acted quickly to ensure the safety of those who were targeted." Johnson shared Leavitt's statement to his X account later on Wednesday while tying the incidents to assassination attempts on Trump earlier this year. He accused the current president of failing to fulfill an "obligation" to "condemn" threats against potential members of the incoming administration. "This year, there was not just one but TWO assassination attempts on President Trump," Johnson wrote. "Now some of his Cabinet nominees and their families are facing bomb threats. This is dangerous and unhinged. It is not who we are in America. Joe Biden and all Democrat leaders have an obligation to speak up and condemn this now." One hour later, NBC News digital reporter Kathryn Watson shared on X quotes from a White House spokesperson who said that Biden had been informed of the threats and that he and the rest of his administration "unequivocally" condemned the incidents. "The president has been briefed," the spokesperson reportedly said. "The White House is in touch with federal law enforcement and the president-elect's team and continues to monitor the situation closely. "Federal law enforcement's response, alongside state and local authorities, remains ongoing," the spokesperson added. "The president and the administration unequivocally condemn threats of political violence." Newsweek reached out for comment to the offices of Johnson and Trump via email on Wednesday. The Associated Press reported on Wednesday that Trump nominees targeted with the threats included congresswoman Elise Stefanik , who was nominated as the next U.S. ambassador to the United Nations , and former congressman Lee Zeldin, Trump's choice for administrator of the Environmental Protection Agency. A statement posted to Stefanik's X account said that the congresswoman had been informed of a "bomb threat" at her residence on Wednesday morning. "This morning, Congresswoman Elise Stefanik, her husband, and their three year old son were driving home to Saratoga County from Washington for Thanksgiving when they were informed of a bomb threat to their residence," the statement reads. "New York State, County law enforcement, and U.S. Capitol Police responded immediately with the highest levels of professionalism," it continues. "We are incredibly appreciative of the extraordinary dedication of law enforcement officers who keep our communities safe 24/7." Zeldin said in an X post that his family was unharmed after being targeted with a "pipe bomb" that was purportedly sent to his home alongside "a pro-Palestinian themed message." "A pipe bomb threat targeting me and my family at our home today was sent in with a pro-Palestinian themed message," Zeldin wrote. "My family and I were not home at the time and are safe." "We are working with law enforcement to learn more as this situation develops," he added. "We are thankful for the swift actions taken by local officers to keep our family, neighbors, and local community secure." Former congressman Matt Gaetz , who was nominated as Trump's initial pick for U.S. attorney general but withdrew amid concerns that he would not be confirmed in the Senate , was also reportedly targeted and wrote "same" in a response to Zeldin's post.
Qatar tribune Tribune News network Doha The Ministry of Environment and Climate Change (MECC) has stressed Qatar’s commitment to combating the effects of climate change. In a statement, the ministry said Qatar is a leading nation in addressing climate change challenges. With increased competition for essential resources such as water, land, and food, the growing environmental challenges have placed significant pressure on countries to adopt urgent measures to combat the effects of climate change. Through QNV 2030, the country aims to achieve a balance between economic and social development while protecting the environment. Mitigation Qatar has set an ambitious goal to reduce greenhouse gas emissions by 25 percent by 2030 through initiatives focusing on improving energy efficiency in key sectors such as oil and gas, electricity and water, transportation, and construction. In 2019, Qatar launched the largest carbon capture and storage facility in the Middle East and North Africa, showcasing its commitment to adopting innovative environmental solutions. Measures The Qatar National Climate Change Plan 2030 includes over 300 initiatives aimed at enhancing climate adaptation efforts. These efforts focus on ensuring the sustainability of essential resources like water and food by implementing strategies that reduce domestic and industrial water consumption and improve energy efficiency in the water sector. Measures include consumer awareness programmes and wastewater recycling. Qatar is also enhancing food security by diversifying trade partners, adopting climate-controlled agriculture, and developing aquaculture programmes. Additionally, the country continues its efforts to protect ecosystems through biodiversity conservation projects, particularly in coastal areas. Clean technology is a cornerstone of Qatar’s climate strategy, with the country demonstrating its commitment through the adoption of electric vehicles and technological innovation. Collaboration Qatar is firmly committed to international efforts to combat climate change, as evidenced by its participation in the Paris Climate Agreement and contributions to achieving global goals for reducing global warming. Through these initiatives, Qatar proves itself a pioneer in tackling climate change, providing an inspiring example of balancing development and innovation for a sustainable future. Copy 25/11/2024 10Liverpool Fans Praise 'Exceptional' Star's Display in 2-0 Win vs Real MadridHOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron's new website features a company store, where various items featuring the brand's tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” Follow Juan A. Lozano on X at https://x.com/juanlozano70 Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.None
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) ED today announced the public offering of 7,000,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to J.P. Morgan Securities LLC, which is acting as the underwriter in connection with the offering. The underwriter may offer the common shares in transactions on the New York Stock Exchange, in the over-the-counter-market or through negotiated transactions at either market prices or negotiated prices. Pursuant to the forward sale agreement, Con Edison expects to issue and deliver to J.P. Morgan Securities LLC or its affiliate (the "forward counterparty"), 7,000,000 of its common shares upon physical settlement of the forward sale agreement in exchange for cash proceeds per share equal to a forward price per share determined as provided in the forward sale agreement. Con Edison expects to use the cash proceeds it receives upon the full physical settlement of the forward sale agreement to invest in its subsidiaries for funding of their capital requirements and for its other general corporate purposes. Con Edison may, subject to certain conditions, elect cash settlement or net share settlement instead of physical settlement for all or a portion of its obligations under the forward sale agreement. Settlement of the forward sale agreement is expected to occur by December 31, 2025 ; however, the forward sale agreement may be settled earlier in whole or in part at Con Edison's option, subject to satisfaction of certain conditions. Con Edison will not receive any proceeds from the sale of the common shares sold by the forward counterparty to the underwriter. If Con Edison is required to issue and sell any top-up shares (as defined below) to the underwriter, Con Edison would receive proceeds from the sale of the top-up shares (and the number of shares subject to the forward sale agreement would be reduced accordingly). In the event that, in the forward counterparty's commercially reasonable judgment, the forward counterparty (or its affiliate) is unable to borrow and deliver for sale to the underwriter any common shares that it was to borrow and deliver for sale, or the forward counterparty (or its affiliate) would incur a stock loan cost greater than a specified rate to do so, Con Edison will issue and sell directly to the underwriter the number of common shares that the forward counterparty (or its affiliate) does not borrow and deliver for sale (the "top-up shares"). The offering is being made pursuant to Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The preliminary prospectus supplement and the base prospectus relating to the offering will be available on the SEC's website at http://www.sec.gov . Copies of the prospectus supplement and the base prospectus relating to the offering may be obtained from J.P. Morgan, c/o Broadridge Financial Solutions 1155 Long Island Avenue, Edgewood, New York 11717, Emails: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com . This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of these securities will be made only by means of the prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act"). This press release contains forward-looking statements that are intended to qualify for the safe-harbor provisions of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements of future expectations and not facts. Words such as "forecasts," "expects," "estimates," "anticipates," "intends," "believes," "plans," "will," "target," "guidance," "potential," "goal," "consider" and similar expressions identify forward-looking statements. The forward-looking statements reflect information available and assumptions at the time the statements are made, and accordingly speak only as of that time. Actual results or developments might differ materially from those included in the forward-looking statements because of various factors such as those identified in reports Con Edison has filed with the SEC, including, but not limited to: its subsidiaries are extensively regulated and are subject to substantial penalties; its utility subsidiaries' rate plans may not provide a reasonable return; it may be adversely affected by changes to the utility subsidiaries' rate plans; the failure of, or damage to, its subsidiaries' facilities could adversely affect it; a cyber attack could adversely affect it; the failure of processes and systems, the failure to retain and attract employees and contractors, and their negative performance could adversely affect it; it is exposed to risks from the environmental consequences of its subsidiaries' operations, including increased costs related to climate change; its ability to pay dividends or interest depends on dividends from its subsidiaries; changes to tax laws could adversely affect it; it requires access to capital markets to satisfy funding requirements; a disruption in the wholesale energy markets, increased commodity costs or failure by an energy supplier or customer could adversely affect it; it faces risks related to health epidemics and other outbreaks; its strategies may not be effective to address changes in the external business environment; it faces risks related to supply chain disruptions and inflation; and it also faces other risks that are beyond its control. This list of factors is not all-inclusive because it is not possible to predict all factors that could cause actual results or developments to differ from the forward-looking statements. Con Edison assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York , Inc., a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York ; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey ; and Con Edison Transmission, Inc., which through its subsidiaries, invests in electric transmission projects and manages, through joint ventures, both electric and gas assets. View original content to download multimedia: https://www.prnewswire.com/news-releases/con-edison-announces-common-share-offering-with-a-forward-component-302321645.html SOURCE Consolidated Edison, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
US and French Presidents, Biden and Macron, may soon announce a ceasefire between Hezbollah and Israel, as disclosed by Lebanese sources. Meanwhile, Washington's assurance of progress remains firm, though, according to spokesperson John Kirby, finalization is pending. In Romania, nationalist candidate Calin Georgescu stunned the political landscape with his first-round success, challenging the NATO-aligned perspective. Georgescu will face opposition runner-up Elena Lasconi in a run-off electing Romania's new president. Ukraine's capital, Kyiv, faces heavy drone strikes from Russia, claimed Mayor Vitali Klitschko. As unmanned aerial vehicles assaulted various parts of the city, air defenses mobilized to intercept the threats. (With inputs from agencies.)First treatment in 50 years for serious asthma attacks is ‘game-changer’
Ulster excited, a bit afraid... but we must be at absolute best for Toulouse mission: Richie Murphy
The long sports-filled Thanksgiving weekend is a time when many Americans enjoy gathering with friends and family for good food, good company and hopefully not too much political conversation. Also on the menu — all the NFL and college sports you can handle. Here's a roadmap to one of the biggest sports weekends of the year, with a look at marquee games over the holiday and how to watch. All times are in EST. All odds are by BetMGM Sportsbook. • NFL: There is a triple-header lined up for pro football fans. Chicago at Detroit, 12:30 p.m., CBS: Rookie quarterback Caleb Williams and the Bears go against the Lions, who are one of the favorites to reach the Super Bowl in February. Lions favored by 10. New York at Dallas, 4:30 p.m., Fox: The Giants and Cowboys are both suffering through miserable seasons and are now using backup quarterbacks for different reasons. But if Dallas can figure out a way to win, it will still be on the fringe of the playoff race. Cowboys favored by 3 1/2. Miami at Green Bay, 8:20 p.m., NBC/Peacock: The Packers stumbled slightly out of the gate but have won six of their past seven games. They'll need a win against Miami to try to keep pace in the NFC North. Packers favored by 3. • College Football: Memphis at No. 18 Tulane, 7:30 p.m., ESPN. If college football is your jam, this is a good warmup for a big weekend. The Tigers try to ruin the Green Wave’s perfect record in the American Athletic Conference. Tulane is favored by 14. Kansas City Chiefs quarterback Patrick Mahomes works in the pocket against the Carolina Panthers during the first half of Sunday's game in Charlotte, N.C. • NFL: A rare Friday showdown features the league-leading Chiefs. Las Vegas at Kansas City, 3 p.m. Prime Video: The Chiefs and quarterback Patrick Mahomes are 12-point favorites over the Raiders. • College Basketball: Some of the top programs meet in holiday tournaments around the country. Battle 4 Atlantis championship, 5:30 p.m., ESPN: One of the premier early season tournaments, the eight-team field includes No. 3 Gonzaga, No. 14 Indiana and No. 24 Arizona. Rady Children's Invitational, 6 p.m., Fox: It's the championship game for a four-team field that includes No. 13 Purdue and No. 23 Mississippi. • College Football: There is a full slate of college games to dig into. Oregon State at No. 11 Boise State, noon, Fox: The Broncos try to stay in the College Football Playoff hunt when they host the Beavers. Boise State favored by 19 1/2. Oklahoma State at No. 23 Colorado, noon, ABC: The Buffaloes and Coach Prime are still in the hunt for the Big 12 championship game when they host the Cowboys. Colorado favored by 16 1/2. Georgia Tech at No. 6 Georgia, 7:30 p.m., ABC: The Bulldogs are on pace for a spot in the CFP but host what could be a tricky game against rival Georgia Tech. Georgia favored by 19 1/2. • NBA. After taking Thanksgiving off, pro basketball returns. Oklahoma City at Los Angeles Lakers, 10 p.m., ESPN: The Thunder look like one of the best teams in the NBA's Western Conference. They'll host Anthony Davis, LeBron James and the Lakers. Los Angeles Lakers forward LeBron James dunks during the first half of a Nov. 23 game against the Denver Nuggets in Los Angeles. • College Football. There are more matchups with playoff implications. Michigan at No. 2 Ohio State, noon, Fox: The Wolverines are struggling one season after winning the national title. They could make their fan base a whole lot happier with an upset of the Buckeyes. Ohio State favored by 21. No. 7 Tennessee at Vanderbilt, noon, ABC: The Volunteers are a fairly big favorite and have dominated this series, but the Commodores have been a tough team this season and already have achieved a monumental upset over Alabama. Tennessee favored by 11. No. 16 South Carolina at No. 12 Clemson, noon, ESPN: The Palmetto State rivals are both hanging on the edge of the CFP playoff race. A win — particularly for Clemson — would go a long way toward clinching its spot in the field. Clemson favored by 2 1/2. No. 3 Texas at No. 20 Texas A&M, 7:30 p.m. ABC: The Aggies host their in-state rival for the first time since 2011 after the Longhorns joined the SEC. Texas favored by 5 1/2. Washington at No. 1 Oregon, 7:30 p.m., NBC: The top-ranked Ducks have been one of the nation’s best teams all season. They’ll face the Huskies, who would love a marquee win in coach Jedd Fisch’s first season. Oregon favored by 19 1/2. • NBA: A star-studded clash is part of the league's lineup. Golden State at Phoenix, 9 p.m., NBA TV: Steph Curry and the Warriors are set to face the Suns' Big Three of Kevin Durant, Devin Booker and Bradley Beal. • NFL: It's Sunday, that says it all. Pittsburgh at Cincinnati, 1 p.m., CBS: Joe Burrow is having a great season for the Bengals, who are struggling in other areas. They need a win to stay in the playoff race, hosting a Steelers team that's 8-3 and won five of their past six. Bengals favored by 3. Arizona at Minnesota, 1 p.m., Fox: The Cardinals are tied for the top of the NFC West while the Vikings are 9-2 and have been one of the biggest surprises of the season with journeyman Sam Darnold under center. Vikings favored by 3 1/2. Philadelphia at Baltimore, 4:25 p.m., CBS: Two of the league's most electric players will be on the field when Saquon Barkley and the Eagles travel to face Lamar Jackson and the Ravens. Ravens favored by 3. San Francisco at Buffalo, 8:20 p.m. NBC/Peacock: The 49ers try to get back to .500 against the Bills, who have won six straight. Bills favored by 7. • NBA. The best teams in the Eastern Conference meet in a statement game. Boston at Cleveland, 6 p.m., NBA TV: The defending champion Celtics travel to face the Cavs, who won their first 15 games to start the season. • Premier League: English soccer fans have a marquee matchup. Manchester City at Liverpool, 11 a.m., USA Network/Telemundo. The two top teams meet with Manchester City trying to shake off recent struggles. • Auto Racing: The F1 season nears its conclusion. F1 Qatar Grand Prix, 11 a.m., ESPN2 – It's the penultimate race of the season. Max Verstappen already has clinched his fourth consecutive season championship. Before the 2023 National Football League season started, it seemed inevitable that Bill Belichick would end his career as the winningest head coach in league history. He had won six Super Bowls with the New England Patriots and 298 regular-season games, plus 31 playoff games, across his career. Then the 2023 season happened. Belichick's Patriots finished 4-13, the franchise's worst record since 1992. At the end of the year, Belichick and New England owner Robert Kraft agreed to part ways. And now, during the 2024 season, Belichick is on the sideline. He's 26 wins from the #1 spot, a mark he'd reach in little more than two seasons if he maintained his .647 career winning percentage. Will he ascend the summit? It's hard to tell. Belichick would be 73 if he graced the sidelines next season—meaning he'd need to coach until at least 75 to break the all-time mark. Only one other NFL coach has ever helmed a team at age 73: Romeo Crennel in 2020 for the Houston Texans. With Belichick's pursuit of history stalled, it's worth glancing at the legends who have reached the pinnacle of coaching success. Who else stands among the 10 winningest coaches in NFL history? Stacker ranked the coaches with the most all-time regular-season wins using data from Pro Football Reference . These coaches have combined for 36 league championships, which represents 31.6% of all championships won throughout the history of pro football. To learn who made the list, keep reading. You may also like: Ranking the biggest NFL Draft busts of the last 30 years - Seasons coached: 23 - Years active: 1981-2003 - Record: 190-165-2 - Winning percentage: .535 - Championships: 0 Dan Reeves reached the Super Bowl four times—thrice with the Denver Broncos and once with the Atlanta Falcons—but never won the NFL's crown jewel. Still, he racked up nearly 200 wins across his 23-year career, including a stint in charge of the New York Giants, with whom he won Coach of the Year in 1993. In all his tenures, he quickly built contenders—the three clubs he coached were a combined 17-31 the year before Reeves joined and 28-20 in his first year. However, his career ended on a sour note as he was fired from a 3-10 Falcons team after Week 14 in 2003. - Seasons coached: 23 - Years active: 1969-91 - Record: 193-148-1 - Winning percentage: .566 - Championships: 4 Chuck Noll's Pittsburgh Steelers were synonymous with success in the 1970s. Behind his defense, known as the Steel Curtain, and offensive stars, including Terry Bradshaw, Franco Harris, and Lynn Swann, Noll led the squad to four Super Bowl victories from 1974 to 1979. Noll's Steelers remain the lone team to win four Super Bowls in six years, though Andy Reid and Kansas City could equal that mark if they win the Lombardi Trophy this season. Noll was elected to the Pro Football Hall of Fame in 1993, two years after retiring. His legacy of coaching success has carried on in Pittsburgh—the club has had only two coaches (Bill Cowher and Mike Tomlin) since Noll retired. - Seasons coached: 21 - Years active: 1984-98, 2001-06 - Record: 200-126-1 - Winning percentage: .613 - Championships: 0 As head coach of Cleveland, Kansas City, Washington, and San Diego, Marty Schottenheimer proved a successful leader during the regular season. Notably, he was named Coach of the Year after turning around his 4-12 Chargers team to a 12-4 record in 2004. His teams, however, struggled during the playoffs. Schottheimer went 5-13 in the postseason, and he never made it past the conference championship round. As such, the Pennsylvania-born skipper is the winningest NFL coach never to win a league championship. - Seasons coached: 25 - Years active: 1946-62, '68-75 - Record: 213-104-9 - Winning percentage: .672 - Championships: 7 The only coach on this list to pilot a college team, Paul Brown, reached the pro ranks after a three-year stint at Ohio State and two years with the Navy during World War II. He guided the Cleveland Browns—named after Brown, their first coach—to four straight titles in the fledgling All-America Football Conference. After the league folded, the ballclub moved to the NFL in 1950, and Cleveland continued its winning ways, with Brown leading the team to championships in '50, '54, and '55. He was fired in 1963 but returned in 1968 as the co-founder and coach of the Cincinnati Bengals. His other notable accomplishments include helping to invent the face mask and breaking pro football's color barrier . - Seasons coached: 33 - Years active: 1921-53 - Record: 226-132-22 - Winning percentage: .631 - Championships: 6 An early stalwart of the NFL, Curly Lambeau spent 29 years helming the Green Bay Packers before wrapping up his coaching career with two-year stints with the Chicago Cardinals and Washington. His Packers won titles across three decades, including the league's first three-peat from 1929-31. Notably, he experienced only one losing season during his first 27 years with Green Bay, cementing his legacy of consistent success. Born in Green Bay, Lambeau co-founded the Packers and played halfback on the team from 1919-29. He was elected to the Hall of Fame as a coach and owner in 1963, two years before his death. You may also like: Countries with the most active NFL players - Seasons coached: 29 - Years active: 1960-88 - Record: 250-162-6 - Winning percentage: .607 - Championships: 2 The first head coach of the Dallas Cowboys, Tom Landry held the position for his entire 29-year tenure as an NFL coach. The Cowboys were especially dominant in the 1970s when they made five Super Bowls and won the big game twice. Landry was known for coaching strong all-around squads and a unit that earned the nickname the "Doomsday Defense." Between 1966 and 1985, Landry and his Cowboys enjoyed 20 straight seasons with a winning record. He was elected to the Hall of Fame in 1990. - Seasons coached: 26 - Years active: 1999-present - Record: 267-145-1 - Winning percentage: .648 - Championships: 3 The only active coach in the top 10, Andy Reid has posted successful runs with both the Philadelphia Eagles and Kansas City. After reaching the Super Bowl once in 14 years with the Eagles, Reid ratcheted things up with K.C., winning three titles since 2019. As back-to-back defending champions, Reid and Co. are looking this season to become the first franchise to three-peat in the Super Bowl era and the third to do so in NFL history after the Packers of 1929-31 and '65-67. Time will tell if Reid and his offensive wizardry can lead Kansas City to that feat. - Seasons coached: 29 - Years active: 1991-95, 2000-23 - Record: 302-165 - Winning percentage: .647 - Championships: 6 The most successful head coach of the 21st century, Bill Belichick first coached the Cleveland Browns before taking over the New England Patriots in 2000. With the Pats, Belichick combined with quarterback Tom Brady to win six Super Bowls in 18 years. Belichick and New England split after last season when the Patriots went 4-13—the worst record of Belichick's career. His name has swirled around potential coaching openings , but nothing has come of it. Belichick has remained in the media spotlight with his regular slot on the "Monday Night Football" ManningCast. - Seasons coached: 40 - Years active: 1920-29, '33-42, '46-55, '58-67 - Record: 318-148-31 - Winning percentage: .682 - Championships: 6 George Halas was the founder and longtime owner of the Chicago Bears and coached the team across four separate stints. Nicknamed "Papa Bear," he built the ballclub into one of the NFL's premier franchises behind players such as Bronko Nagurski and Sid Luckman. Halas also played for the team, competing as a player-coach in the 1920s. The first coach to study opponents via game film, he was once a baseball player and even made 12 appearances as a member of the New York Yankees in 1919. He was inducted into the Hall of Fame in 1963 as both a coach and owner. - Seasons coached: 33 - Years active: 1963-95 - Record: 328-156-6 - Winning percentage: .677 - Championships: 2 The winningest head coach in NFL history is Don Shula, who first coached the Baltimore Colts (losing Super Bowl III to Joe Namath and the New York Jets) for seven years before leading the Miami Dolphins for 26 seasons. With the Fins, Shula won back-to-back Super Bowls in 1972 and 1973, a run that included a 17-0 season—the only perfect campaign in NFL history. He also coached quarterback great Dan Marino in the 1980s and '90s, but the pair made it to a Super Bowl just once. Shula was inducted into the Hall of Fame in 1997. Story editing by Mike Taylor. Copy editing by Robert Wickwire. Photo selection by Lacy Kerrick. You may also like: The 5 biggest upsets of the 2023-24 NFL regular season Get local news delivered to your inbox!
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