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NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Macy’s, Inc. (NYSE: M) resulting from allegations that Macy’s may have issued materially misleading business information to the investing public. So What: If you purchased Macy’s securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=31645 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. What is this about: On November 25, 2024, The New York Times published an article entitled “Macy’s Discovers Employee Hid Millions in Delivery Expenses.” This article stated that “Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years, forcing the retailer to delay a much-anticipated earnings report that Wall Street uses to gauge the strength of holiday shopping.” On this news, the price of Macy’s, Inc. stock fell 2.2% on November 25, 2024. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
LOS ANGELES — He’d been battered for weeks, lingering on the turf in pain at various points in previous wins over Nebraska and UCLA, always game enough to return a few players later after gingerly limping off. But running back Woody Marks, long USC’s Iron Man at running back, couldn’t return after another blow Saturday against Notre Dame. After a first-quarter handoff for nine yards, Marks laid on the turf for a few beats before stumbling to his feet, appearing slightly disoriented as he entered a medical tent on USC’s sideline. He eventually returned to the sideline as redshirt freshman Quinten Joyner took his place, but walked off into the Los Angeles Memorial Coliseum tunnel at the two-minute mark of the first half as the CBS broadcast reported he’d be out for the rest of the afternoon . It was a massive loss for USC’s offense, and could’ve served as the end of Marks’ time in a Trojans jersey depending on his bowl-game decision. If so, what a run it has been for the Mississippi State transfer: finishing with 1,133 yards on the ground in 12 games, putting together one of the more complete seasons by any USC running back in recent memory. Senior Day They came marching one by one down the barrel of the Coliseum, adorned with wreaths of honor, USC’s Easton Mascarenas-Arnold and Jaylin Smith and Woody Marks all exchanging hugs with Lincoln Riley as an early crowd erupted in claps for its program pillars. It was a moment of levity, USC honoring beloved seniors Saturday afternoon on the final day of its regular season. It was also, however, a sobering reality. With Mascarenas-Arnold, Smith and Marks went 138 combined tackles and four interceptions and 1,421 yards from scrimmage; with left guard Emmanuel Pregnon and center Jonah Monheim went two crucial pieces of a much-improved Trojans offensive line. Walking out from the tunnel on Senior Day, certainly, doesn’t provide an end-all, be-all on players’ futures. But it gave a hint, certainly, that several names who still carried eligibility – Mascarenas-Arnold, Smith, wide receiver Kyron Hudson – could be moving on come the winter. “We’ll have a few guys, obviously, who will have some decisions to make on if they go pro or if they stay and play another year,” Riley said Tuesday, when asked how he might adjust USC’s offensive personnel in the offseason. “Not a ton, but we’ve got a couple guys that have those decisions. We’ll just see. We’re going to try to get the right talent in here.” USC will be hard-pressed to add that talent, certainly, as eyes turn ahead to a bowl-game slot and the 2025 season. If every player honored on USC’s announced Senior Day graphic moves on , either via the NFL draft or the transfer portal, USC stands to lose 17 players from its offense, defense and special teams who started Saturday against Notre Dame. Here’s the breakdown: Offense: WR Kyle Ford, TE Lake McRee, RB Woody Marks, C Jonah Monheim, LG Emmanuel Pregnon, RT Mason Murphy, WR Kyron Hudson Defense: S Akili Arnold, LB Easton Mascarenas-Arnold, LB Mason Cobb, CB Jacobe Covington, DT Nate Clifton, DT Gavin Meyer, CB Jaylin Smith, CB Greedy Vance Jr. Special teams: P Eddie Czaplicki, K Michael Lantz It’s still probable, as Riley mentioned, that a few of those names elect to stay at USC for another season. McRee, Murphy and Hudson, in particular, are redshirt juniors and would likely see their draft stock elevated by a return for a prominent senior year at USC. Still, the Trojans will have major work to do in the transfer portal and with depth development this offseason, particularly at center, replacing Monheim, and cornerback. Caleb Williams returns Not a day after the NFL’s Chicago Bears canned head coach Matt Eberflus following a 23-20 loss to the Detroit Lions , former star quarterback and No. 1 overall draft pick Caleb Williams was back at the Coliseum on for his USC jersey-retirement ceremony in a palate cleanser of a Saturday afternoon. Williams, the Heisman Trophy winner who conquered opposing defenses and NIL riches in his time at USC, took a moment to thank the Coliseum crowd upon leading the Trojans out of the tunnel Saturday. “Number 13 is back,” Williams announced over the PA, speaking in a microphone to wide cheers. “And not only – is in the rafters now, because of all of you.”
In a lengthy speech at the Brookings Institution, a Washington, D.C. think tank, on Tuesday, President Joe Biden forcefully defended his economic legacy and harshly criticized his successor. “Most economists agree the new administration is going to inherit a fairly strong economy, at least at the moment, an economy going through fundamental transformation,” Biden said. “It is my profound hope that the new administration will preserve and build on this progress. Like most great economic developments, this one is neither red nor blue, and America's progress is everyone's progress.” RELATED STORY | What impacts will a Trump presidency have on the economy? The president pointed specifically to record job growth during his tenure and an historically-low unemployment rate, as well as solid GDP performance, major investments in infrastructure and a soaring stock market. Most economists agree Biden’s term in office has coincided with a strong jobs market, and note the economic forecast remains bright – especially when contrasted to that of other peer nations, many of which have struggled to rebound from the COVID-19 pandemic. And yet, Americans by and large disapprove of Biden’s economic tenure, particularly the high costs of goods and services. Though inflation has fallen some, it remains higher than when the president took office and has become a frequent point of attack for Republicans critical of the Biden administration. RELATED STORY | Wealthier Americans are driving retail spending and powering US economy President-elect Donald Trump’s victory last month served in some was as a repudiation of the president’s so-called “Bidenomics” policies, with most voters telling pollsters they were dissatisfied with the state of the U.S. economy and Biden’s handling of the issue. Since Trump’s election, attitudes towards the economy have improved slightly, particularly among Republicans; according to research from Gallup, just eight percent of Republicans in October viewed economic conditions as getting better, compared to 30% last month. Biden himself seemed to acknowledge some missteps in selling his economic vision to Americans. “I also learned something from Donald Trump,” Biden said. “He signed checks for people for $7,400 bucks,” the president noted of the pandemic-era relief measures. Even though Biden approved similar relief efforts during his term, his name never appeared on American’s checks. “I didn't – stupid,” Biden conceded. RELATED STORY | Powell says Fed will likely cut rates cautiously given persistent inflation pressures Seeking to bolster Biden’s economic legacy, the White House on Tuesday launched a new website hailing the “Biden Economy,” featuring statistics about economic performance during his term and complimentary videos from his supporters. Biden’s speach, meanwhile, also served as a warning of sorts to his successor, with the president arguing against tax cuts for the wealthy and the notion that such benefits would “trickle down” to middle class Americans. “You can make as much money as you can, good for you, but everybody's got to be they pay their fair share,” Biden said. Trump has pledged to extend the tax cuts he signed into law in 2017, telling NBC News he intends to submit a tax package to Congress within his first 100 days in office. “They’re coming due and they’re very substantial for people,” Trump said of his 2017 cuts. “That’s what led us to one of the greatest economies ever.” RELATED STORY | Amid corporate layoffs, 36% of workforce turns to gig economy for alternative employment A report by the nonpartisan Congressional Budget Office in December found that failing to extend those tax incentives would have a negligible impact on the economy, though Republicans are expected to pursue them and other business tax breaks after they retake both chambers of Congress next year. Trump has also promised to impose significant tariffs on the import of foreign goods from Mexico, Canada and China – despite economists’ and retailers’ warnings that will drive up consumer prices. Trump in the NBC interview said he couldn’t guarantee the move wouldn’t increase consumer costs, something Biden harshly refuted. “I believe we've proven that approach is a mistake over the past four years,” Biden said. “But we all know in time, we all know in time what will happen.”Trump offers a public show of support for Pete Hegseth, his embattled nominee to lead the Pentagon
RICHMOND, Va. (AP) — Jaden Green and Geoffrey Jamiel scored on long plays in the fourth quarter and unseeded Lehigh rallied to defeat No. 9 Richmond 20-16 on Saturday in a first-round game of the FCS playoffs. Lehigh advances to a second-round game at eighth-seeded Idaho on Dec. 7. The Mountain Hawks trailed 16-7 early in the fourth quarter after Richmond's Sean Clarke scored on a 7-yard pass from Camden Coleman. Green dashed 65 yards for a touchdown on the next play from scrimmage and Lehigh trailed 16-14 with 10 1/2 minutes remaining. The Mountain Hawks (9-3) forced a three-and-out, then Jamiel and Hayden Johnson connected on a 56-yard pass play for the go-ahead touchdown. The Spiders were stopped short of midfield on their final drive but nearly came up with a huge play when Lehigh's Quanye Veney muffed the punt at his own 14-yard line. Ignatious Williams recovered the loose ball for Lehigh to preserve the win. Johnson completed 14 of 18 passes for 199 yards. Jamiel caught 10 for 137 yards. Coleman was 24-of-37 passing for 199 yards. Zach Palmer-Smith had 107 yards rushing for Richmond (10-3). Richmond had 249 yards of total offense in the first half but managed only three short field goals by Sean O'Haire. The scoring drives were 76, 70 and 64 yards and Richmond controlled the ball for nearly 21 minutes in the first half. Lehigh took a 7-6 lead on Johnson's 7-yard TD pass to Logan Galletta, but the Spiders answered with O'Haire's third field goal for a 9-7 halftime lead. This is 13-time Patriot League champion Lehigh's first playoff appearance since 2017. Lehigh and Richmond will have a rematch in the 2025 season opener at Lehigh. It will be Richmond's debut as a member of the Patriot League. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballLaura Benanti Says “F*** You Forever” to Former Broadway Co-Star Zachary Levi - Hollywood ReporterBrown: Indian diplomat pushed back when he used the words “Sikh nation”
ORLANDO, Fla. — UCF coach Gus Malzahn is resigning after four seasons with the school. ESPN’s Pete Thamel was the first to report the move, which will see Malzahn to leave to take the offensive coordinator job at Florida State. Malzahn previously worked with FSU coach Mike Norvell during their time at Tulsa under then-coach Todd Graham from 2007-08. The Knights ended a disappointing 4-8 season in which they lost eight of their last nine games, the longest losing streak since 2015. Malzahn, 59, was in the fourth year of a contract through 2028. His buyout, it is reported, would have been $13.75 million. He finished 27-25 at UCF but lost 16 of his last 22 games and was a dismal 4-14 in two seasons in the Big 12. After back-to-back nine-win seasons in 2021-22, the Knights went 6-7 in 2023 and 4-8 in 2024. This season started with high expectations as Malzahn made sweeping changes to the program. He retooled the strength and conditioning department and hired Ted Roof and Tim Harris Jr. as defensive and offensive coordinators, respectively. He also added nearly 50 new players to the roster, leaning heavily on the transfer market. UCF started by winning its first three games against New Hampshire, Sam Houston and a thrilling comeback at TCU, but offensive struggles saw the Knights tumble through a TBD-game losing streak to finish the season. Terry Mohajir hired Malzahn on Feb. 15, 2021, six days after he was hired to replace Danny White. The move came eight weeks after Malzahn had been fired at Auburn after eight seasons of coaching the Tigers. The two briefly worked together at Arkansas State in 2012 before Malzahn left for the Auburn job. “When he [Mohajir] offered the job, I was like, ‘I’m in.’ There wasn’t thinking about or talking about ...,” Malzahn said during his introductory press conference. “This will be one of the best programs in college football in a short time. This is a job that I plan on being here and building it.” UCF opened the 2021 season with non-conference wins over Boise State and Bethune-Cookman before traveling to Louisville on Sept. 17, where quarterback Dillon Gabriel suffered a fractured collarbone in the final minute of a 42-35 loss. Backup Mikey Keene would finish out the season as Gabriel announced his intention to transfer. The Knights would finish the season on the plus side by accepting a bid to join the Big 12 Conference in September and then by defeating Florida 29-17 in the Gasparilla Bowl. Malzahn struck transfer portal gold in the offseason when he signed former Ole Miss quarterback John Rhys Plumlee. Plumlee, a two-sport star with the Rebels, helped guide UCF to the American Athletic Conference Championship in its final season. However, Plumlee’s injury forced the Knights to go with Keene and freshman Thomas Castellanos. The team finished with losses to Tulane in the conference championship and Duke in the Military Bowl. Plumlee would return in 2023 as UCF transitioned to the Big 12 but would go down with a knee injury in the final minute of the Knights’ 18-16 win at Boise State on Sept. 9. He would miss the next four games as backup Timmy McClain took over the team. Even on his return, Plumlee couldn’t help UCF, on a five-game losing streak to open conference play. The Knights got their first Big 12 win at Cincinnati on Nov. 4 and upset No. 15 Oklahoma State the following week, but the team still needed a win over Houston in the regular-season finale to secure a bowl bid for the eighth straight season. From the moment Malzahn stepped on campus, he prioritized recruiting, particularly in Central Florida. “We’re going to recruit like our hair’s on fire,” Malzahn said at the time. “We’re going to go after the best players in America and we’re not backing down to anybody.” From 2007 to 2020, UCF signed 10 four-star high school and junior college prospects. Eight four-star prospects were in the three recruiting classes signed under Malzahn. The 2024 recruiting class earned a composite ranking of 39 from 247Sports, the highest-ranked class in school history. The 2025 recruiting class is ranked No. 41 and has commitments from three four-star prospects. Malzahn has always leaned on the transfer market, signing 60 players over the past three seasons. Some have paid huge dividends, such as Javon Baker, Lee Hunter, Kobe Hudson, Tylan Grable, Bula Schmidt, Amari Kight, Marcellus Marshall, Trent Whittemore, Gage King, Ethan Barr, Deshawn Pace and Plumlee. Others haven’t been as successful, such as quarterback KJ Jefferson, who started the first five games of this season before being benched for poor performance. Jefferson’s struggles forced the Knights to play musical chairs at quarterback, with true freshman EJ Colson, redshirt sophomore Jacurri Brown and redshirt freshman Dylan Rizk all seeing action at one point or another this season. This season’s struggles led to several players utilizing the NCAA’s redshirt rule after four games, including starting slot receiver Xavier Townsend and kicker Colton Boomer, who have also entered the transfer portal. Defensive end Kaven Call posted a letter to Malzahn on Twitter in which he accused the UCF coaching staff of recently kicking him off the team when he requested to be redshirted. Get local news delivered to your inbox!None
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