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Nikkei Trading Near 1989 Stock Peak: Double Top?WASHINGTON — Special counsel Jack Smith moved to abandon two criminal cases against Donald Trump on Monday, acknowledging that Trump’s return to the White House will preclude attempts to federally prosecute him for retaining classified documents or trying to overturn his 2020 election defeat. The decision was inevitable, since longstanding Justice Department policy says sitting presidents cannot face criminal prosecution. Yet it was still a momentous finale to an unprecedented chapter in political and law enforcement history, as federal officials attempted to hold a former president accountable while he ran for another term. In court filings, Smith’s team emphasized that the move to abandon their prosecutions was not a reflection of the merit of the cases but a recognition of the legal shield that surrounds any commander in chief. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” the prosecutors wrote in one of their filings. Smith’s team said it left intact charges against two co-defendants in the classified documents case — Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira — because “no principle of temporary immunity applies to them.” Trump has long described the investigations as politically motivated, and he has vowed to fire Smith as soon as he takes office in January. Now he will re-enter the White House free from criminal scrutiny by the government that he will lead. The election case brought last year was once seen as one of the most serious legal threats facing Trump as he tried to reclaim the White House. He was indicted for plotting to overturn his defeat to Joe Biden in 2020, an effort that climaxed with his supporters’ violent attack on the U.S. Capitol on Jan. 6, 2021. The separate case involving classified documents was widely seen as legally clear cut, especially because the conduct in question occurred after Trump left the White House and lost the powers of the presidency. The indictment included dozens of felony counts accusing him of illegally hoarding classified records from his presidency at his Mar-a-Lago estate in Palm Beach, Florida, and obstructing federal efforts to get them back. He pleaded not guilty and denied wrongdoing.
Xtract One Technologies Inc. (XTRAF) Q1 2025 Earnings Call Transcript
Townsquare Capital LLC purchased a new stake in Chicago Atlantic Real Estate Finance, Inc. ( NASDAQ:REFI – Free Report ) in the 3rd quarter, HoldingsChannel reports. The fund purchased 10,440 shares of the company’s stock, valued at approximately $162,000. Several other hedge funds have also made changes to their positions in REFI. Vanguard Group Inc. raised its stake in Chicago Atlantic Real Estate Finance by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 809,997 shares of the company’s stock valued at $12,774,000 after purchasing an additional 42,740 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Chicago Atlantic Real Estate Finance by 5.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,105 shares of the company’s stock valued at $365,000 after buying an additional 1,111 shares in the last quarter. Bank of New York Mellon Corp raised its position in Chicago Atlantic Real Estate Finance by 16.8% during the second quarter. Bank of New York Mellon Corp now owns 59,219 shares of the company’s stock valued at $910,000 after buying an additional 8,500 shares during the period. Commonwealth Equity Services LLC lifted its stake in Chicago Atlantic Real Estate Finance by 2.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 37,337 shares of the company’s stock worth $574,000 after acquiring an additional 909 shares in the last quarter. Finally, Sage Mountain Advisors LLC boosted its position in Chicago Atlantic Real Estate Finance by 83.4% during the 2nd quarter. Sage Mountain Advisors LLC now owns 133,467 shares of the company’s stock worth $2,050,000 after acquiring an additional 60,682 shares during the period. Hedge funds and other institutional investors own 25.48% of the company’s stock. Insiders Place Their Bets In related news, insider John Mazarakis purchased 2,779 shares of the stock in a transaction dated Friday, November 8th. The shares were acquired at an average cost of $15.82 per share, for a total transaction of $43,963.78. Following the acquisition, the insider now directly owns 372,709 shares in the company, valued at approximately $5,896,256.38. The trade was a 0.75 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Insiders own 12.30% of the company’s stock. Chicago Atlantic Real Estate Finance Price Performance Chicago Atlantic Real Estate Finance Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.47 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.88 annualized dividend and a yield of 11.74%. Chicago Atlantic Real Estate Finance’s dividend payout ratio is presently 94.00%. About Chicago Atlantic Real Estate Finance ( Free Report ) Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry. Featured Articles Want to see what other hedge funds are holding REFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chicago Atlantic Real Estate Finance, Inc. ( NASDAQ:REFI – Free Report ). Receive News & Ratings for Chicago Atlantic Real Estate Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicago Atlantic Real Estate Finance and related companies with MarketBeat.com's FREE daily email newsletter .Global to join forces with Motors & Armatures; Philip Windham named CEO of growing HVAC/R platform LOS ANGELES , Dec. 6, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in Global, the Source ("Global"), a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing LLC. The transaction marks Platinum Equity's second investment in the HVAC/R industry this year. In July, the firm invested in Motors & Armatures Inc. (MARS). Global and MARS, which have a longstanding history, will now join forces, helping strengthen the product and service offerings for both companies. Founded in 1982 and based in Universal City, Texas , Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects, whips, and more. Global serves HVAC/R wholesalers throughout the United States. The company has vertically integrated design and manufacturing operations, including via its AmRad Manufacturing LLC subsidiary located in Palm Coast, Florida , which proudly manufactures USA -made capacitors and Turbo 200® products. MARS, based in Hauppauge, New York , is a leading distribution platform for HVAC/R parts, supplies and equipment in North America , and has been the exclusive sub-distributor for select Global products since 2012. "The partnership between MARS and Global is a natural one as both companies have worked together for decades," said Global Owner and President Dickie Sirotiak. "The investment from Platinum will allow us to introduce more products to market while continuing to maintain the outstanding service levels that both MARS and Global customers demand." In connection with the Global investment, Platinum Equity announced an integrated leadership structure for the combined platform: "We are thrilled to welcome Global to our growing platform," said Chernoff. "This move brings together two great family-owned businesses and will strengthen our position as a category leader in electronic components for the HVAC/R aftermarket." Chernoff praised Windham as a great fit to lead the combined platform. "Philip brings 25 years of industry experience to the job," said Chernoff. "He is passionate about developing people and building high-performance teams. He has a customer-centric mindset and I'm confident he's the right leader to guide these businesses into their next phase of growth." Windham said he's excited about the new role. "Both the Sirotiak and Chernoff families have built impressive businesses over the past several decades, becoming true leaders in the HVAC/R industry," said Windham. "I am honored to continue their legacies and work with both teams to expand our reach within the industry." Platinum Equity expects to continue pursuing additional opportunities to invest in the industry. "We are optimistic about the prospects for growth in the sector and will work with MARS and Global to add more value for their customers," said Platinum Equity Co-President Jacob Kotzubei and Managing Director Dan Krasner in a joint statement. "We will partner with the leadership team to identify and pursue additional opportunities to diversify and increase scale, both organically and through strategic M&A." Financial terms of the Global investment were not disclosed. O'Melveny & Myers served as legal counsel to Platinum Equity and MARS. About Platinum Equity Founded in 1995 by Tom Gores , Platinum Equity is a global investment firm with more than $48 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O ® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions. Contact : Dan Whelan Platinum Equity dwhelan@platinumequity.com View original content: https://www.prnewswire.com/news-releases/platinum-equity-invests-in-hvacr-distributor-global-the-source-302325210.html SOURCE Platinum EquitySpyre Therapeutics to Participate in the 7th Annual Evercore ISI HealthCONx Conference
One of the Detroit Tigers’ most notable Latin American success stories has secured a massive new contract. Shortstop Willy Adames agreed to a seven-year, $182 contract with the San Francisco Giants this weekend . Signed by the Tigers out of the Dominican Republic in 2013, Adames spent two seasons in Detroit’s minor-league system before being traded to the Tampa Bay Rays on July 31, 2014, in the deal that brought David Price to Detroit . A decade later, Adames has established himself as one of the game’s top shortstops -- and now one of its wealthiest. RECOMMENDED • mlive .com Tigers ace elected to union leadership spot after Cy Young season Dec. 7, 2024, 3:09 p.m. Former Tigers outfielder signs minor-league deal with Cardinals Dec. 3, 2024, 4:07 p.m. Adames was traded to the Brewers in 2021 for two relievers as the Rays cleared a path for shortstop prospect Wander Franco. He hit free agency following a stellar 2024 campaign in which he played 161 games, hit 32 home runs, and posted a .794 OPS (118 OPS+). Adames has also been a well-regarded defender, although his metrics slipped in 2024 and he expressed a willingness to move to third base for his new team if necessary. It doesn’t look like that will be part of the plan for the Giants, who have slick-fielding Matt Chapman at the hot corner. Adames’ signing removes one of the top free agents from the market just as MLB’s winter meetings get underway this week in Dallas . All eyes are on star outfielder Juan Soto, whose anticipated record-breaking deal is the biggest story of the winter.
NEW YORK (AP) — A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons. Blue Yonder, which provides supply chain technology to a range of brands worldwide, said that it experienced disruptions to services it manages for customers on Thursday, which the third-party software supplier determined to be "the result of a ransomware incident.” Some systems went offline, impacting clients using Blue Yonder's software. A spokesperson for Starbucks, for example, said that the chain's ability to manage barista schedules and track hours was disrupted — meaning store leaders across North America are currently being instructed to use manual workarounds. Starbucks maintained that the outage is not impacting how customers are served and that ensuring workers get paid for all hours worked is a top priority. While the company continues to work towards full recovery, the spokesperson added that Starbucks was able to process payroll again as of Tuesday morning. Two of the U.K.'s biggest grocers, Morrisons and Sainsbury's, were also affected — with both telling CNN over the weekend that they had turned to contingency plans to keep operations flowing. A spokesperson for Morrisons confirmed to The Associated Press that the outage “impacted our warehouse management systems for fresh and produce” and that it was continuing to operate on back up systems Tuesday. Sainsbury's, meanwhile, said Tuesday that its service was restored. Blue Yonder declined to disclose how many of its customers were impacted by the hack. In a statement sent to the AP, a spokesperson maintained that it had notified “relevant customers” and would continue to communicate as needed. The spokesperson also maintained that recovery efforts were still underway — noting that Blue Yonder "has been working diligently together with external cybersecurity firms to make progress,” including the implementation of several defensive and forensic protocols. Blue Yonder's website touts an extensive global roster of customers — including Gap, Ford and Walgreens. Walgreens and Gap were not impacted following the ransomware attack, spokespeople for the companies said. Ford shared that it was investigating whether the incident affected its operations earlier this week, but had no further updates when reached Tuesday. Blue Yonder, based in Arizona, is a subsidiary of Japan’s Panasonic Corp. Panasonic acquired the supply chain software firm in September 2021.Toronto AI company Cohere to receive $240M from Ottawa to help get data centre built
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A federal judge ruled Monday that a San José State University volleyball player, who teammates say is transgender, can continue to participate in a volleyball tournament this week. The ruling by Judge S. Kato Crews, an appointee of President Biden to the U.S. District Court in Colorado, comes ahead of the three-day Mountain West Conference in Las Vegas that is set to begin Wednesday. The federal lawsuit filed on behalf of several volleyball players, including former students and a San José State associate head coach, not only sought to ban the player from participating in the tournament but also to rescind wins granted to San José State University’s volleyball team after previous rival teams forfeited matches due to the participation of the transgender player. At least four universities forfeited matches against San José State University following controversy over the player. Blaire Fleming, the student who teammates say is transgender, could not immediately be reached for comment. Fleming, who has been on the team’s roster since 2022, has not spoken publicly about the issue. A spokesperson for San José State University could not immediately be reached for comment. The lawsuit, filed two weeks ago, is the latest in the ongoing debate about transgender athletes, particularly transgender women competing in women’s sports. It comes a month after a video showing a play in which the player is seen spiking a ball, hitting a San Diego State player in the arm and briefly knocking her down. The San Diego State player, Keira Herron, a junior, successfully kept the ball in play with the dig and immediately stood up and smiled. But the play circulated on social media accompanied by claims that the San Diego State player was hit on the head and that the San Jose State player is transgender. President-elect Donald Trump, who has previously referenced the video, said he plans to ban all transgender women from competing in women’s sports. Plaintiffs in the case accused San José State University of recruiting a transgender player and argued that allowing the player to participate in the tournament discriminates against female athletes and deprives them of equal opportunities, including access to playing time and scholarships. In his ruling, Crews said the Mountain West Conference Board of Directors had approved a Transgender Participation Policy in 2022 when the player was also on the roster and because no issues were raised ahead of the tournament, the plaintiffs then failed to meet their burden to show irreparable harm had been caused. “Until the filing of this lawsuit, there was no dispute between the parties over the applicability or enforceability of the [Transgender Participation Policy],” Crews wrote. “Concerning SJSU’s alleged trans teammate, she has been a member of the team since the 2022 season and has played on the team each season since.” “It was not until the spring of 2024, at the earliest, that questions arose from Plaintiffs regarding her gender.”Celtics host Pistons looking to avoid first back-to-back losses
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