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Daniel Penny stands to make millions after not guilty verdict in Jordan Neely's death, /PRNewswire/ -- PEAK6 Investments LLC ("PEAK6") today announced that, effective , it will move its global headquarters from its current location in to the company's existing office in , which it established in 2021. PEAK6 affiliates PEAK6 Group LLC, PEAK6 Strategic Capital LLC, PEAK6 APX Holdings LLC and PEAK6 LLC will also relocate their global headquarters to . PEAK6 will maintain its office in . " has been a cornerstone of PEAK6's growth for over a decade," said PEAK6 Co-Founder and Co-CEO, , who continued, "With the majority of our talented workforce now based in and emerging as our largest office, moving our headquarters was an important decision to be closer to our team. We're excited for the next chapter of PEAK6 that will be written from our new headquarters." unique blend of creativity, technology and culture provides the ideal environment for PEAK6. The city's highly educated workforce, business climate, and strong entrepreneurial spirit have enabled us to attract top talent and drive innovation. PEAK6 uses technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, We Insure, FOCUS, Zogo, Evil Geniuses and Poker Power. View original content to download multimedia: SOURCE PEAK6 Investments

Even during his teaching years, former Prime Minister Manmohan Singh was soft-spoken, much like he was in his political career later. “In a small class of 25, we would have to strain ourselves to hear him properly,” said Sudipto Mundle, Chairman, Board of Governors, Centre for Development Studies, and former student of Dr. Singh at the Delhi School of Economics (DSE). He was one of many taught by Dr. Singh during his stint as a professor in Panjab University and later at the DSE. Several of his students recalled how unexpected it was for them to see Dr. Singh join the ranks of politicians. Gita Sen, Professor Emeritus, Indian Institute of Management, Bengaluru, recalls how Dr. Singh was the same as he appeared. “He was kind, gentle, and soft-spoken. It’s been extremely long, so there’s not a lot of memory but he always stood out for his gentle demeanour,” she said. ‘No arrogance’ Ms. Sen, a student of his at DSE, said, “I don’t think any of his students foresaw his political career because of how soft and kind he was. In that era, we were being taught by some of the greatest economists and the students were equally haughty, but Prof. Singh was different in that sense, he never had an air of arrogance and remained as humble as one could have despite his extensive knowledge on the subject.” Another one of his students, H.S. Shergill, Professor Emeritus, Department of Economics, Panjab University, recollected how he was unable to do his PhD under the former PM despite having Dr. Singh approach him for it. Mr. Shergill remembers how in those days, everyone in his batch was attempting to start their careers in the civil service, but he wanted to continue studying economics. “After finishing my Masters, Dr. Singh asked what I wanted to do. I told him I want to do a PhD, he then asked me to do my PhD under his supervision but due to another scholarship, I was not able to do it then. He later left for New York. I don’t know whether that was my good luck or bad luck,” he jokes. Mr. Shergill said Dr. Singh, despite being one of the youngest professors, had an aura of honesty around him. In a statement, Dr. P.K. Mishra, Principal Secretary to the Prime Minister, said: “My memories of Dr. Manmohan Singh date back to the time when he was teaching at the DSE. I was then in my MA first year. Seeing him among the stalwart professors in that era was reassuring for a student like me, having come from Sambalpur district in western Odisha. Dr. Singh had a remarkable ability to explain complex topics in international trade in a way every student could understand. He was extremely unassuming and low profile.” Published - December 28, 2024 12:59 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit

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Carnival Corp. stock underperforms Monday when compared to competitorsNoneManchester City put their recent disastrous spell behind them as they ended a seven-game winless streak by beating Nottingham Forest 3-0 on Wednesday night. BBC reports first-half goals from Bernardo Silva and star man Kevin de Bruyne put Pep Guardiola’s side in command by the break, with Jeremy Doku adding a third 12 minutes after the interval. After six defeats and a 3-3 draw with Feyenoord that must have felt like a loss given City were 3-0 up with 20 minutes left, the delight at successfully reaching the finish line on this occasion was obvious. It wasn’t perfect from the hosts. There were too many miscontrols and stray passes for that. And if Chris Wood had finished – as it felt the whole stadium expected – when he ran clear from De Bruyne’s wayward pass back into his own half instead of rolling the shot wide, Forest would have levelled Silva’s eighth-minute tap-in and home nerves would have frayed. But De Bruyne struck at the other end almost immediately as he edged away from Doku to find enough space to collect his fellow Belgian’s short pass and apply the perfect finish. When Doku found the corner with his own excellent strike from the edge of the area to complete City’s joint-biggest margin of victory in the league, in what has turned into a tortuous season, Guardiola’s celebration was one of pure relief.

The Apprentice star also argued that a lack of clarity from the Government on the ownership test is causing “significant uncertainty” for potential investors. This came as the House of Lords continued its scrutiny of the Football Governance Bill, which seeks to establish an independent regulator for the top five tiers of the men’s game. In the upper chamber, Baroness Brady said: “We are creating legislation which will profoundly affect 160 quite unique institutions, from Premier League clubs through to the National League community clubs, but it is important for everyone to understand that the consultation with these affected businesses by the current Government has been remarkably limited, almost unbelievably so. “Just seven Premier League clubs, I was one of them, was granted a brief half-hour meeting with the Secretary of State over the summer. “And following this cursory engagement, significant decisions were made that could fundamentally affect the future of English football, most notably with the inclusion of parachute payments within the backstop mechanism. “This is particularly concerning given that fundamental issues still remained unresolved, we still lack any clarity on Uefa’s position on state interference, for example, this clearly creates profound uncertainty for clubs competing in or aspiring to European competition, as well as our national teams.” “We don’t know what the ownership test will look like, this causes significant uncertainty for potential investors as to whether they are able to own a club,” she added. Lady Brady continued: “I have spoken to many of my colleagues across all of the football pyramid, we are all alarmed about and puzzled by the lack of discussion on the Bill with ministers. “Would the minister agree that we all want to get the detail of this Bill right? And can she see any downsides to providing meaningful opportunities to hear from all clubs across the football pyramid affected by the legislation?” Prior to this, Tory shadow sports minister Lord Parkinson of Whitley Bay had tabled an amendment which he said would allow clubs to “make their views known on this legislation” by including specific competitions on the face of the Bill. Labour frontbencher Baroness Twycross told the upper chamber: “I don’t think the leagues are confused either on which leagues this legislation will apply to.” She added: “This power is both reasonable and the result of evidence-based consultation with all key stakeholders in the industry. “This power ensures that the competitions in scope can be amended in a timely manner and ensures the scope of the regime remains relevant.” The peer later said: “Over the past three years there have been countless opportunities for all affected and interested parties to make representations.” Lady Brady also raised concerns about the financial distribution backstop, which she said is “clearly designed as a mechanism to gain direct access to, and apportionate Premier League revenue, and no-one else’s”. “I might add the backstop will allow the IFR (Independent Football Regulator) to do this even if it was against the Premier League clubs’ will, or even without the clubs’ agreement, even if it was to have a detrimental effect on the clubs and the overall competition it removes revenue from,” she added. The backstop would allow the new IFR to intervene in the distribution of Premier League broadcast revenue down the leagues as a last resort. It could be triggered by the Premier League, English Football League (EFL) or National League to mediate the fair financial distribution of this revenue if they are not able to come to an agreement. Conservative peers later raised concerns over the cost implications to clubs of establishing the regulator, although they faced claims of “filibustering” – wasting time by making overlong speeches in a bid to delay progress. Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.Football is broken. Clubs are struggling. Now those seats have been lost, do they no longer care about likes of Reading or Southend? @FairGameUK — Niall Couper (@NiallCouper) December 4, 2024 Labour peer Lord Watson of Invergowrie questioned why Lord Parkinson was showing “confected outrage” at the Bill when the former culture minister would have been defending a similar proposal had the Tories remained in power. Lord Parkinson, in his reply, said: “We want to see this regulator established, we want to see it doing its work and doing so effectively, but we also see before us a Bill that is different because of the election that was called and the result that happened, and we’re interrogating particularly closely the changes that the Government have made to the Bill – of which there are many. “And we have more concerns on these benches than we did before the election from my colleagues behind me about the way we do it.” The Tory peer pointed to Labour frontbenchers fulfilling their duties to “properly scrutinise” then-government legislation when they were on the opposition benches. Lady Twycross, in an intervention, said: “While I agree that (Lord Parkinson) is correct that I would scrutinise legislation when I was sitting on those (opposition) benches, I have never sought to filibuster a Bill to which my party had committed, which my party had laid before Parliament, and intended to filibuster it to the point of getting us stuck in treacle.” Lord Parkinson replied: “That is not what we’re doing.” Niall Couper, chief executive of the campaign group Fair Game, wrote on social media site X: “Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.”None

MINNEAPOLIS, Minnesota: In Hong Kong, the topic of subdivided flats - or “ shoebox homes ” - always raises heated discussion. In his latest policy address , Hong Kong Chief Executive John Lee announced new regulations aimed at phasing out subdivided flats from the city. Subdivided flats are a major source of housing for low-income households. The flats are usually rented out to unrelated individuals , who may be crammed into spaces that barely fit one bed . Many subdivided flats are in core residential areas in Hong Kong, featuring convenient access to wet markets, train stations, schools and business areas. According to a survey by Hong Kong’s Census Department in 2021, there are around 108,000 subdivided units accommodating over 200,000 persons. The median floor area of each unit is 11 sq m , while the median per capita floor area is 6 sq m . For the first time, the government will impose minimum living standards on subdivided units, including the provision of windows, an individual toilet, and a floor area of no less than 8 sq m - the size of two king-sized beds. Landlords will be given a grace period to comply with new rules, and subdivided units will henceforth be redesignated as Basic Housing Units. Deputy Financial Secretary Michael Wong Wai-lun said that 70 per cent of existing subdivided units already meet the requirements, while the rest would require minor fixes. In Mr Wong’s estimation, subdivided units will gradually phase out with the provision of public rental housing. LONG WAITING LIST FOR PUBLIC RENTAL HOUSING In his policy address, Mr Lee said that 30,000 new public housing units will be completed by 2028. Hong Kong’s public rental housing system has an income ceiling for applicants, depending on their household size and type. The waiting list for public rental housing is still long. There are a total of 123,100 applications from families and the elderly, and 91,500 applications from non-elderly singles. For family applications, the current waiting time is 5.5 years. Mr Lee said that this would be shortened to 4.5 years by 2027 when more public housing units are available. Not all those who live in subdivided units are eligible for public rental housing. Michael Wong estimates that 60 per cent of tenants are eligible, but he did not comment on the remaining 40 per cent. Without the affordable option of renting public housing or subdivided flats, these tenants must seek more expensive accommodation in the private home rental market. Moreover, the Census Department’s 2021 survey indicates that 21.2 per cent of households have at least one member residing in Hong Kong for less than seven years, which disqualifies them from most of Hong Kong’s social benefits. Such households who fall in the low-income category may find themselves in a precarious situation when tighter regulations for subdivided units kick in. AFFORDABLE HOUSING REMAINS AN ISSUE Tenants living in non-compliant subdivided units may have to pay more to continue living in a Basic Housing Unit. Landlords would have to reduce the number of subdivided units within a property, which will drive rental prices up . It is unclear whether the government can provide transitional and affordable housing for those who are forced to leave. Those who are neither eligible for public housing nor able to find an affordable home might have to resort to the illegal rental market. Advocacy groups expressed concern over finding new accommodation for tenants. ComHome Social Realty is a social real estate agency aimed at matching low-income households with affordable housing. Since the group’s founding in 2023, among some 300 participants, only 17 managed to find their match. This low success rate is a result of the sheer discrepancy between participants’ financial ability and home rental prices. In July, the median rent for subdivided units in Hong Kong Island was HK$7,000 (US$900) per month, while that in Kowloon reached HK$5,300 per month. Statistics in 2021 indicate that the median monthly household income of tenants of subdivided units is HK$15,310. Assuming their incomes rose alongside average wage growth from 2021 to 2024, this figure is currently HK$16,160. That means that a sizeable one-third to half of their income goes into the rent for a subdivided unit. The 2024 policy address shows the government’s resolution to solve Hong Kong’s housing issues. The introduction of the Basic Housing Units is a fresh start, and Hong Kong is on its way to build more houses. But with the extreme imbalance between the demand for housing in central areas and the chronic shortage of affordable options , housing for Hong Kong’s most vulnerable individuals will continue to be an issue in the foreseeable future. John Hanzhang Ye is a PhD candidate in the History of Science, Technology and Medicine programme at the University of Minnesota.Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the latest information impacting your investments and the broader economy. 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CHICAGO , Dec. 27, 2024 /PRNewswire/ -- PEAK6 Investments LLC ("PEAK6") today announced that, effective January 1, 2025 , it will move its global headquarters from its current location in Chicago, Illinois to the company's existing office in Austin, Texas , which it established in 2021. PEAK6 affiliates PEAK6 Group LLC, PEAK6 Strategic Capital LLC, PEAK6 APX Holdings LLC and PEAK6 LLC will also relocate their global headquarters to Austin . PEAK6 will maintain its office in Chicago . " Texas has been a cornerstone of PEAK6's growth for over a decade," said PEAK6 Co-Founder and Co-CEO, Matt Hulsizer , who continued, "With the majority of our talented workforce now based in Texas and Austin emerging as our largest office, moving our headquarters was an important decision to be closer to our team. We're excited for the next chapter of PEAK6 that will be written from our new headquarters." Austin's unique blend of creativity, technology and culture provides the ideal environment for PEAK6. The city's highly educated workforce, business climate, and strong entrepreneurial spirit have enabled us to attract top talent and drive innovation. About PEAK6 PEAK6 uses technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, We Insure, FOCUS, Zogo, Evil Geniuses and Poker Power. View original content to download multimedia: https://www.prnewswire.com/news-releases/peak6-to-relocate-global-headquarters-to-austin-texas-302339437.html SOURCE PEAK6 Investments