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The CBI has arrested a senior official of Bridge and Roof Company (India) Limited, a central PSU, in connection with a bribery case after Rs 10 lakh was seized from a luxury car in which he was travelling in Bhubaneswar, officials said Sunday. Besides Chanchal Mukherjee , Group General Manager (GGM) of Bridge and Roof Company, two private persons -- Santosh Moharana, Director of Penta A Studio Private Limited and middleman Debadutta Mohapatra -- were also arrested for allegedly bribing Mukherjee, they said. The central probe agency had conducted a trap operation after registering a case against four persons including the three arrested accused. According to the CBI, the accused were allegedly indulging in corrupt and illegal activities in the matter of awarding work orders of the PSU and clearing bills in lieu of undue advantage in the form of bribe. It was alleged that accused Moharana met the group general manager (Mukherjee) at his Bhubaneswar office on December 6 during which the GGM demanded Rs 10 lakh and promised to adjust the said amount in future billings, a CBI spokesperson said. After doing preliminary verification, the CBI laid a trap on Saturday where Mukherjee was caught taking Rs 10 lakh bribe in a Mercedes Maybach car. 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"Searches are being conducted at eight locations in Bhubaneswar and Kolkata which have so far led to recovery of incriminating documents, a vehicle used in the commission of offence along with digital devices," the spokesperson said. (You can now subscribe to our Economic Times WhatsApp channel )All societies have people with disabilities. Since no one is perfect, no one should discriminate against others due to physical or mental disabilities. In fact, no one wishes to experience any form of disability. Therefore, everyone should offer a helping hand to those with disabilities. Everyone should cultivate consideration and compassion toward people with disabilities. No one should underestimate them, as both ordinary individuals and people with disabilities have the wonderful capacity to demonstrate their intelligence and problem-solving abilities, even in difficult situations. Under the guidance of religious teachings, most people in Myanmar do not discriminate against individuals with disabilities. They are often eager to offer assistance and contribute to the communities of people with disabilities. Well-wishers donate both money and goods to schools for the deaf and blind. Additionally, the Ministry of Social Welfare and Resettlement oversees various schools for people with disabilities and supports organizations dedicated to their welfare. In this regard, it is essential to consider both local and global efforts to improve the lives of people with disabilities. Relevant authorities must provide both physical and mental support to individuals with disabilities. The government should ensure livelihoods for these individuals and prioritize job creation. In particular, graduates with disabilities should be employed in relevant sectors to help uplift their families and communities. Only when authorities and citizens demonstrate genuine goodwill, free from discrimination, will people with disabilities find the courage to build their lives with confidence. Internationally, the United Nations Disability Inclusion Strategy was launched in June 2019. The Secretary-General emphasized that the United Nations should lead by example and enhance its standards and performance on disability inclusion across all pillars of work, from headquarters to the field. The United Nations Disability Inclusion Strategy lays the foundation for sustainable and transformative progress on disability inclusion across all areas of the United Nations’ work. Through this Strategy, the United Nations system reaffirms that the full realization of the human rights of all persons with disabilities is an inalienable, integral, and indivisible part of all human rights and fundamental freedoms. In line with the 2024 theme, “Amplifying the leadership of persons with disabilities for an inclusive and sustainable future,” it is essential for people in relevant countries to cultivate empathy and support for individuals with disabilities, empowering them to overcome life’s challenges and strengthen their resilience to be able to shape their peaceful families.
After ending the week 5% higher amid optimism surrounding the impact of RBI's CRR cut, the Nifty PSU Bank index could rally by 5-6% in the near term, says Anand James , Chief Market Strategist at Geojit Financial Services . "A red candle on Thursday, followed by a long-legged Doji on Friday on the PSU Bank index, points to buyer exhaustion, especially with all constituents having already moved above their respective 50-day SMA. A consolidation is favored, but the index does appear to have room for another 5-6% rise in the near term," he says. Edited excerpts from a chat: Nifty ended the week over 2% higher, but Thursday's unpredictable movements in the index trapped many traders. Will expiry day trading remain as challenging even after the rationalization of the F&O segment by Sebi? Among the various measures introduced by SEBI lately, only the one regarding weekly options has taken effect so far. More importantly, after being in a "sell on rallies" mode for most of November, the December series has embraced a "buy on dips" strategy, which has encouraged more risk-on trades as the series progressed. This partly explains the large jumps seen on expiry day. It’s also natural for mean reversion moves to occur after the market made an unexpected leap ahead of the RBI rate decision. While it may be tempting to label all sudden moves as irrational, trading remains inherently challenging, especially for those trying to capitalize on every fluctuation. December is usually a bullish month, and keeping that in mind, what would be your target for Nifty in the week ahead? Do you think the buying momentum can take the index to its previous peak in the next 2-3 weeks? Shortly after the departure from the lower low-lower high pattern in late November, we had set an upside target of 25,262. Now that we’ve had two consecutive closes above 24,500, which is also the neckline of the inverted H&S pattern, we are encouraged to raise the upside target to 25,600-700. That said, it’s important to note the performance of both the broader market and Nifty on Thursday, which has set the tone for further moves in December. The unusually large upmoves and the subsequent volatility are significant. 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However, this was not evident in the index, as 82% of Nifty’s constituents recorded a pullback of under 1% from Thursday's high. This cautions us from chasing rallies immediately on Monday, as we see the potential for downswings, prompting us to keep the downside markers at 24,530 or 24,380. Now that all weekly expiries are behind us, with the exceptions of those for Sensex and Nifty, interest in Sensex options is increasing. How would you go about riding the wave in Sensex in the week ahead? Both being broad market benchmarks, there is a similarity there that could work against Sensex becoming an automatic choice for the erstwhile bank nifty weekly traders. However, the volatility profile and lot size of Sensex are similar to that of Bank Nifty. That said, what could really tilt the scales is how volumes develop over the week on Sensex contracts. Usually, they are the most liquid on the expiry day and the participation is not so encouraging at the start of the week. With Jan 2025 seeing a change in expiry days across both exchanges, there would again be a period of adjustment. However, the sharp rise in risk appetite that has swept the market post-21st November, after a prolonged downtrend, could help. Sensex is presently set up for an upmove aiming at 84,700 but may hit some air pockets in the week ahead, during which we recommend the downside markers to be either at 80,500 or 79,500. Given the way smallcaps and midcaps are rallying with participation from all sectors, what is the overall outlook on the strength of this bull run amid FII buying? Despite a lacklustre close on Friday, Thursday’s almighty push succeeded in pushing 50 and 56% respectively of the mid and small-caps constituents above their 50-day SMA. In comparison, these figures were 15.3 and 18.8 % on the 21st of November when Nifty hit the lowest point since the downturn began on the 27th of September. This is suggestive of broad-based strength returning to the market, with signals of more legs to the uptrend. That FIIs have broken off the streak of consecutive selling sprees is also a booster, though DIIs appear to have slowed down lately, keeping the net institutional buying humble. How has your outlook on bank stocks changed after the RBI policy outcome? Do you think there could be some more steam left in PSU bank stocks in particular? A red candle on Thursday, when there was a mad rush across the board, coupled with a long-legged Doji on Friday, on the PSU bank index, points to buyer exhaustion especially with all constituents having pushed above their respective 50-day SMA already. A consolidation is favoured, but the index does appear to have room for another 5-6% rise in the near term. HEG was among the biggest gainers in the Nifty 500 pack during the week amid positive news flow. Do you suggest profit booking? The long-legged doji on Thursday, followed by a deep red candle on Friday, completes an evening star candlestick pattern. The overall signal suggests a reversal. However, given the short duration of the prevailing uptrend, we are inclined to disregard the reversal signal and instead view this as a consolidation phase before the uptrend resumes. Downside markers can be placed below 539 or 504, depending on the risk appetite. (You can now subscribe to our ETMarkets WhatsApp channel )Madrid tighten up LaLiga title race as Barça drop more points
WASHINGTON — Donald Trump said he can't guarantee his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect, in a wide-ranging interview with NBC's "Meet the Press" that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning "things do change." Here's a look at some of the issues covered: President-elect Donald Trump takes the stage before he speaks at the FOX Nation Patriot Awards, Thursday, Dec. 5, 2024, in Greenvale, N.Y. (AP Photo/Heather Khalifa) Trump hems on whether trade penalties could raise prices Trump threatened broad trade penalties, but said he didn't believe economists' predictions that added costs on those imported goods for American companies would lead to higher domestic prices for consumers. He stopped short of a pledge that U.S. an households won't be paying more as they shop. People are also reading... "I can't guarantee anything. I can't guarantee tomorrow," Trump said, seeming to open the door to accepting the reality of how import levies typically work as goods reach the retail market. That's a different approach from Trump's typical speeches throughout the 2024 campaign, when he framed his election as a sure way to curb inflation. In the interview, Trump defended tariffs generally, saying that tariffs are "going to make us rich." He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. He also has threatened tariffs on China to help force that country to crack down on fentanyl production. "All I want to do is I want to have a level, fast, but fair playing field," Trump said. Biden is considering preemptive pardons for officials and allies before Trump takes office Trump suggests retribution for his opponents while claiming no interest in vengeance He offered conflicting statements on how he would approach the justice system after winning election despite being convicted of 34 felonies in a New York state court and being indicted in other cases for his handling of national security secrets and efforts to overturn his 2020 loss to Democrat Joe Biden. "Honestly, they should go to jail," Trump said of members of Congress who investigated the Capitol riot by his supporters who wanted him to remain in power. The president-elect underscored his contention that he can use the justice system against others, including special prosecutor Jack Smith, who led the case on Trump's role in the siege on Jan. 6, 2021. Trump confirmed his plan to pardon supporters who were convicted for their roles in the riot, saying he would take that action on his first day in office. As for the idea of revenge driving potential prosecutions, Trump said: "I have the absolute right. I'm the chief law enforcement officer, you do know that. I'm the president. But I'm not interested in that." At the same time, Trump singled out lawmakers on a special House committee who investigated the insurrection, citing Rep. Bennie Thompson, D-Miss., and former Rep. Liz Cheney, R-Wyo. "Cheney was behind it ... so was Bennie Thompson and everybody on that committee," Trump said. Asked specifically whether he would direct his administration to pursue cases, he said, "No," and suggested he did not expect the FBI to quickly undertake investigations into his political enemies. At another point, Trump said he would leave the matter up to Pam Bondi, his pick as attorney general. "I want her to do what she wants to do," he said. Such threats, regardless of Trump's inconsistencies, have been taken seriously enough by many top Democrats that Biden is considering issuing blanket, preemptive pardons to protect key members of his outgoing administration. Trump did seemingly back off his campaign rhetoric calling for Biden to be investigated, saying, "I'm not looking to go back into the past." Immigration advocates hold a rally in Sacramento, Calif. on Monday, Dec. 2, 2024, to protest President-Elect Donald Trump's plans to conduct mass deportation of immigrants without legal status. (AP Photo/Haven Daley) Swift action on immigration is coming Trump repeatedly mentioned his promises to seal the U.S.-Mexico border and deport millions of people who are in the U.S. illegally through a mass deportation program. "I think you have to do it," he said. He suggested he would try to use executive action to end "birthright" citizenship under which people born in the U.S. are considered citizens — though such protections are spelled out in the Constitution. Asked specifically about the future for people who were brought into the country illegally as children and were shielded from deportation in recent years, Trump said, "I want to work something out," indicating he might seek a solution with Congress. But Trump also said he does not "want to be breaking up families" of mixed legal status, "so the only way you don't break up the family is you keep them together and you have to send them all back." President-elect Donald Trump shakes hands with Ukraine's President Volodymyr Zelenskyy in Notre Dame Cathedral as France's iconic cathedral is formally reopening its doors for the first time since a devastating fire nearly destroyed the 861-year-old landmark in 2019, Saturday Dec.7, 2024 in Paris ( Ludovic Marin, Pool via AP) Trump commits to NATO, with conditions, and waffles on Putin and Ukraine Long a critic of NATO members for not spending more on their own defense, Trump said he "absolutely" would remain in the alliance "if they pay their bills." Pressed on whether he would withdraw if he were dissatisfied with allies' commitments, Trump said he wants the U.S. treated "fairly" on trade and defense. He waffled on a NATO priority of containing Russia and President Vladimir Putin. Trump suggested Ukraine should prepare for less U.S. aid in its defense against Putin's invasion. "Possibly. Yeah, probably. Sure," Trump said of reducing Ukraine assistance from Washington. Separately, Trump called for an immediate cease-fire. Asked about Putin, Trump said initially that he has not talked to the Russian leader since Election Day last month, but then hedged. "I haven't spoken to him recently," Trump said when pressed, adding that he did not want to "impede the negotiation." Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. (AP Photo/Mark Schiefelbein) Trump says Powell is safe at the Fed, but not Wray at the FBI The president-elect said he has no intention, at least for now, of asking Federal Reserve Chairman Jerome Powell to step down before Powell's term ends in 2028. Trump said during the campaign that presidents should have more say in Fed policy, including interest rates. Trump did not offer any job assurances for FBI Director Christopher Wray, whose term is to end in 2027. Asked about Wray, Trump said: "Well, I mean, it would sort of seem pretty obvious" that if the Senate confirms Kash Patel as Trump's pick for FBI chief, then "he's going to be taking somebody's place, right? Somebody is the man that you're talking about." Trump is absolute about Social Security, not so much on abortion and health insurance Trump promised that the government efficiency effort led by Elon Musk and Vivek Ramaswamy will not threaten Social Security. "We're not touching Social Security, other than we make it more efficient," he said. He added that "we're not raising ages or any of that stuff." He was not so specific about abortion or his long-promised overhaul of the Affordable Care Act. On abortion, Trump continued his inconsistencies and said he would "probably" not move to restrict access to the abortion pills that now account for a majority of pregnancy terminations, according to the Guttmacher Institute, which supports abortion rights. But pressed on whether he would commit to that position, Trump replied, "Well, I commit. I mean, are — things do — things change. I think they change." Reprising a line from his Sept. 10 debate against Vice President Kamala Harris, Trump again said he had "concepts" of a plan to substitute for the 2010 Affordable Care Act, which he called "lousy health care." He added a promise that any Trump version would maintain insurance protections for Americans with preexisting health conditions. He did not explain how such a design would be different from the status quo or how he could deliver on his desire for "better health care for less money." Here are the people Trump picked for key positions so far President-elect Donald Trump Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Florida Sen. Marco Rubio for secretary of state, former Democratic House member Tulsi Gabbard for director of national intelligence and Florida Rep. Matt Gaetz for attorney general. Susie Wiles, White House Chief of Staff Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Marco Rubio, Secretary of State Trump named Florida Sen. Marco Rubio to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, Secretary of Defense Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Pam Bondi, Attorney General Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Kristi Noem, Secretary of Homeland Security Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. Doug Burgum, Secretary of the Interior The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr., Secretary of Health and Human Services Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and then endorsed Trump . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about his record of spreading unfounded fears about vaccines . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, Treasury Secretary Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Lori Chavez-DeRemer, Labor Secretary Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner, Housing and Urban Development Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy, Secretary of Transportation Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. Chris Wright, Secretary of Energy A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. Linda McMahon, Secretary of Education President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, Secretary of Agriculture Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Howard Lutnick, Secretary of Commerce Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Doug Collins, Secretary of Veterans Affairs Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. Karoline Leavitt, White House press secretary Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, she ran for Congress in New Hampshire, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Tulsi Gabbard, National Intelligence Director Former Hawaii Rep. Tulsi Gabbard has been tapped by Trump to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. John Ratcliffe, Central Intelligence Agency Director Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Kash Patel, Federal Bureau of Investigation Director Kash Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer on Capitol Hill who helped investigate the Russia probe. Patel called for dramatically reducing the agency’s footprint, a perspective that sets him apart from earlier directors who sought additional resources for the bureau. Though the Justice Department in 2021 halted the practice of secretly seizing reporters’ phone records during leak investigations, Patel said he intends to aggressively hunt down government officials who leak information to reporters. Lee Zeldin, Environmental Protection Agency Administrator Trump has chosen former New York Rep. Lee Zeldin to serve as his pick to lead the Environmental Protection Agency . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on X , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Brendan Carr, Chairman of the Federal Communications Commission Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Paul Atkins, Chair of the Securities and Exchange Commission Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social. The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025. Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt. Jared Isaacman, NASA Administrator Jared Isaacman, 41, is a tech billionaire who bought a series of spaceflights from Elon Musk’s SpaceX and conducted the first private spacewalk . He is the founder and CEO of a card-processing company and has collaborated closely with Musk ever since buying his first chartered SpaceX flight. He took contest winners on that 2021 trip and followed it in September with a mission where he briefly popped out the hatch to test SpaceX’s new spacewalking suits. Elise Stefanik, Ambassador to the United Nations Rep. Elise Stefanik is a representative from New York and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. Matt Whitaker, Ambassador to NATO President-elect Donald Trump says he's chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO. Trump has expressed skepticism about the Western military alliance for years. Trump said in a statement Wednesday that Whitaker is “a strong warrior and loyal Patriot” who “will ensure the United States’ interests are advanced and defended” and “strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.” The choice of Whitaker as the nation’s representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy. David Perdue, Ambassador to China President-elect Donald Trump tapped former Sen. David Perdue of Georgia to be ambassador to China, saying in a social media post that the former CEO “brings valuable expertise to help build our relationship with China.” Perdue lost his Senate seat to Democrat Jon Ossoff four years ago and ran unsuccessfully in a primary against Republican Georgia Gov. Brian Kemp. Perdue pushed Trump's debunked lies about electoral fraud during his failed bid for governor. Pete Hoekstra, Ambassador to Canada A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Mike Huckabee, Ambassador to Israel Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Steven Witkoff, Special Envoy to the Middle East Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Keith Kellogg, Special Envoy for Ukraine and Russia Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Mike Waltz, National Security Adviser Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, Deputy Chief of Staff for Policy Stephen Miller, an immigration hardliner , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Tom Homan, ‘Border Czar’ Thomas Homan, 62, has been tasked with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Rodney Scott, Customs and Border Protection Commissioner Customs and Border Protection, with its roughly 60,000 employees, falls under the Department of Homeland Security. It includes the Border Patrol, which Rodney Scott led during Trump's first term, and is essentially responsible for protecting the country's borders while facilitating trade and travel. Scott comes to the job firmly from the Border Patrol side of the house. He became an agent in 1992 and spent much of his career in San Diego. When he was appointed head of the border agency in January 2020, he enthusiastically embraced Trump's policies. After being forced out under the Biden administration, Scott has been a vocal supporter of Trump's hard-line immigration agenda. He appeared frequently on Fox News and testified in Congress. He's also a senior fellow at the Texas Public Policy Foundation. Billy Long, Internal Revenue Service commissioner Former Rep. Billy Long represented Missouri in the U.S. House from 2011 to 2023. Since leaving Congress, Trump said, Long “has worked as a Business and Tax advisor, helping Small Businesses navigate the complexities of complying with the IRS Rules and Regulations.” Kelly Loeffler, Small Business Administration administrator Former Georgia Sen. Kelly Loeffler was appointed in January 2020 by Georgia Gov. Brian Kemp and then lost a runoff election a year later. She started a conservative voter registration organization and dived into GOP fundraising, becoming one of the top individual donors and bundlers to Trump’s 2024 comeback campaign. Even before nominating her for agriculture secretary, the president-elect already had tapped Loeffler as co-chair of his inaugural committee. Dr. Mehmet Oz, Centers for Medicaid and Medicare Services administrator Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk and Vivek Ramaswamy to advise White House on government efficiency Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought, Office of Management and Budget Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Additional selections to the incoming White House Dan Scavino, deputy chief of staff Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. James Blair, deputy chief of staff Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Taylor Budowich, deputy chief of staff Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. Jay Bhattacharya, National Institutes of Health Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Dr. Marty Makary, Food and Drug Administration Makary is a Johns Hopkins surgeon and author who argued against pandemic lockdowns. He routinely appeared on Fox News during the COVID-19 pandemic and wrote opinion articles questioning masks for children. He cast doubt on vaccine mandates but supported vaccines generally. Makary also cast doubt on whether booster shots worked, which was against federal recommendations on the vaccine. Dr. Janette Nesheiwat, Surgeon General Nesheiwat is a general practitioner who serves as medical director for CityMD, a network of urgent care centers in New York and New Jersey. She has been a contributor to Fox News. Dr. Dave Weldon, U.S. Centers for Disease Control and Prevention Weldon is a former Florida congressman who recently ran for a Florida state legislative seat and lost; Trump backed Weldon’s opponent. In Congress, Weldon weighed in on one of the nation’s most heated debates of the 1990s over quality of life and a right-to-die and whether Terri Schiavo, who was in a persistent vegetative state after cardiac arrest, should have been allowed to have her feeding tube removed. He sided with the parents who did not want it removed. Jamieson Greer, U.S. trade representative Kevin Hassett, Director of the White House National Economic Council Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.
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If it’s a joke, some former employees aren’t laughingThe Phase 1b study will evaluate LV UNO in unresectable cutaneous or subcutaneous histologically confirmed primary or metastatic solid tumor cancer patients that have progressed or have prolonged stable disease on single agent PD-1 inhibitors The primary objective of the Phase 1b study is to assess preliminary efficacy by objective response rate (ORR) and duration of response (DOR) per RECIST version 1.1 and secondarily immune-related response via iRECIST The study will recruit patients from four sites across Israel HAMILTON, Bermuda, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Beyond Cancer, Ltd., a clinical-stage biotechnology company developing ultra-high concentration nitric oxide (UNO) as an immunotherapeutic for solid tumors, today announced that the Israeli Ministry of Health (IMOH) has approved the use of Low Volume UNO (LV UNO) in a Phase 1b clinical trial of LV UNO in combination with anti-PD-1 therapy. The trial will be conducted at four sites in Israel and patient screening will begin in the first quarter of 2025. The Phase 1b trial (NCT05351502) is a clinical proof-of-concept trial that will assess the intratumoral administration of LV UNO in patients with unresectable cutaneous or subcutaneous histologically confirmed primary or metastatic lesions, who have shown disease progression or prolonged stable disease (≥ 12 weeks) after receiving a single agent anti-PD-1 containing treatment. The trial, which is expected to enroll up to 20 subjects, is designed to assess the preliminary efficacy of LV UNO by objective response rate (ORR) and duration of response (DOR) per RECIST v1.1 and secondarily immune-related response via iRECIST. Safety and tolerability of LV UNO in combination with anti-PD-1 therapy, as well as its potential to enhance the type, density, and distribution of immune cells within the tumor microenvironment will also be observed. Topline data from the Phase 1b portion of the study are anticipated in the second half of 2025. "We are excited to initiate the Phase 1b trial of LV UNO, a potentially groundbreaking solid tumor treatment approach, in combination with PD-1 inhibitors," said Dr. Jedidiah Monson, Chief Medical Officer of Beyond Cancer. "In preclinical studies, a single dose of UNO has been shown to increase PD-L1 expression and improve overall survival in animal models compared to anti-PD-1 alone. Further, Phase 1a human data that demonstrated immune system activation were presented at ASCO's Key Opinion Leader Event held in June 2024. We look forward to the Phase 1b trial results to establish the basis of further investigation of UNO in combination with PD-1 inhibitors." "The initiation of the Phase 1b trial represents a major step forward in our vision for personalized cancer treatment. We see UNO as a complementary therapy for future cancer treatment paradigms, particularly for patients with anti-PD-1 refractory or resistant disease, potentially offering more patients access to effective treatment," stated Dr. Selena Chaisson, Chief Executive Officer, and Director of Beyond Cancer. About Nitric Oxide Nitric Oxide (NO) is a potent molecule, naturally synthesized in the human body, proven to play a critical role in a broad array of biological functions. In the airways, NO targets the vascular smooth muscle cells that surround the small resistance arteries in the lungs. Currently, exogenous inhaled NO is used in adult respiratory distress syndrome, post certain cardiac surgeries and persistent pulmonary hypertension of the newborn to treat hypoxemia. Additionally, NO is believed to play a key role in the innate immune system and in vitro studies suggest that NO possesses anti-microbial activity not only against common bacteria, including both gram-positive and gram-negative, but also against other diverse pathogens. About UNO Therapy for Solid Tumors Cancer is the second leading cause of death globally, with tumor metastases responsible for approximately 90% of all cancer-related deaths. Current cancer treatment modalities generally include chemotherapy, immunotherapy, radiation, and/or surgery. Ultra-high concentration Nitric Oxide (UNO) therapy is a completely new approach to preventing relapse or metastatic disease. In vitro murine data show that local tumor ablation with UNO stimulates an anti-tumor immune response in solid tumor cancer models. Beyond Cancer, Ltd. believes that UNO has the potential to prevent relapse or metastatic disease with as little as a single 5-minute treatment and with limited toxicity or off-target effects. About Beyond Cancer, Ltd. Beyond Cancer, Ltd. is a development-stage biopharmaceutical and medical device company utilizing ultra-high concentration nitric oxide (UNO) via a proprietary delivery platform to treat primary tumors and prevent metastatic disease. Nitric oxide at ultra-high concentrations has been reported to show anticancer properties and to potentially serve as a chemosensitizer and radiotherapy enhancer. A first-in-human study is underway in patients with solid tumors. Beyond Cancer is also conducting preclinical studies of UNO in multiple solid tumor models to inform additional treatment protocols. For more information, visit www.beyondcancer.com . Forward Looking Statements This press release contains "forward-looking statements" concerning the potential safety and efficacy of inhaled nitric oxide and the ultra-high concentration nitric oxide product candidate, as well as its therapeutic potential in a number of indications; and the potential impact on patients and anticipated benefits associated with inhaled nitric oxide and the ultra-high concentration nitric oxide product candidate. Forward-looking statements include statements about expectations, beliefs, or intentions regarding product offerings, business, results of operations, strategies or prospects. You can identify such forward-looking statements by the words "expects," "plans," "anticipates," "believes" "expects," "intends," "looks forward," "projects," "goal," "assumes," "targets" and similar expressions and/or the use of future tense or conditional constructions (such as "will," "may," "could," "should" and the like) and by the fact that these statements do not relate strictly to historical or current matters. Rather, forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from any future results expressed or implied by the forward-looking statements. These forward-looking statements are only predictions and reflect views as of the date they are made with respect to future events and financial performance. Many factors could cause actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including risks related to the ability to raise additional capital; the timing and results of future pre-clinical studies and clinical trials concerning the ultra-high concentration nitric oxide product candidate; the potential that regulatory authorities, including the FDA and comparable non-U.S. regulatory authorities, may not grant or may delay approval for the ultra-high concentration nitric oxide product candidate; the approach to discover and develop novel drugs, which is unproven and may never lead to efficacious or marketable products; obtaining, maintaining and protecting intellectual property utilized by products; competition from others using similar technology and others developing products for similar uses; dependence on collaborators; and other risks, which may, in part, be identified and described in the "Risk Factors" section of Beyond Air, Inc.'s most recent Annual Report on Form 10-K and other of its filings with the Securities and Exchange Commission, all of which are available on Beyond Air, Inc.'s website. Beyond Cancer and Beyond Air undertake no obligation to update, and have no policy of updating or revising, these forward-looking statements, except as required by applicable law. CONTACTS: Corey Davis, PhD LifeSci Advisors, LLC Cdavis@lifesciadvisors.com (212) 915-2577 Matt Johnson, Head of Corporate Development & Strategy Beyond Cancer, Ltd. Mjohnson@beyondcancer.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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The Los Angeles Galaxy will aim to complete one of the most remarkable transformations in Major League Soccer history on Saturday when they host the New York Red Bulls chasing a record-extending sixth MLS Cup crown. A year ago, the California franchise had hit rock bottom, plummeting to their worst ever regular season record to finish one place off the bottom of the Western Conference. The team that had once been a home to the likes of David Beckham, Steven Gerrard and Zlatan Ibrahimovic were engulfed in crisis, with fans boycotting fixtures after nearly a decade of failure on the field. Moreover, the Galaxy's status as one of MLS's glamour clubs had been diminished by the arrival of Lionel Messi at Inter Miami, as well as the emergence of city rivals Los Angeles FC, winners of the MLS Cup in 2022. The febrile atmosphere at the Galaxy prompted team ownership to shake up their front office, with Will Kuntz appointed general manager to replace long-time predecessor Chris Klein, who was fired in May 2023. The turnaround since those changes has been dramatic. After winning just eight fixtures in the 2023 season, the Galaxy under head coach Greg Vanney won a record-equalling 19 games this season to finish joint top of the table, second only to leaders LAFC on goal difference. The Galaxy kept up their winning ways in the postseason, swatting aside Colorado 9-1 on aggregate to wrap up their first round series, before thrashing Minnesota United 6-2 and then squeezing past Seattle 1-0 last weekend. Those results have left the club on the threshold of a first MLS Cup title since 2014 and a record sixth championship overall. Victory in Saturday's showpiece in Carson would be especially sweet for Vanney, who appeared in three MLS Cup finals with the Galaxy as a player in 1996, 1999 and 2001 -- and lost all three. Reflecting on his team's journey to this year's final, Vanney said this week his team had thrived under the pressure of being expected to challenge for silverware. "The expectation is to be in games like this, to win trophies and win championships," Vanney said. "This group has come out and attacked it from day one and hasn't been afraid of it or in awe of it -- and that's one of the beauties of this group. "I'm excited for this group and this opportunity and now the objective is to win it and put the stamp on it, rewriting a new group of players and new legacy for this organisation." Vanney's task has become more complicated by an injury to star midfielder Riqui Puig, who suffered torn knee ligaments in last week's Western Conference final win over Seattle and will miss Saturday's game. "He's the ultimate competitor," Vanney said. "He wants to win, compete, and take responsibility on the field. He drives the team in so many ways. "We're going to have to adapt, and we're going to have to adapt in a collective way." The Galaxy meanwhile will be wary of a New York Red Bulls line-up that have ripped up the form book en route to the final. After finishing seventh in the Eastern Conference -- 27 points behind leaders Inter Miami -- the Red Bulls stunned reigning champions Columbus in the first round of the playoffs before wins on the road over rivals New York City FC and Orlando to book their place in their first MLS Cup since 2008. New York's Scotland international midfielder Lewis Morgan says the team is unfazed by Saturday's assignment in Los Angeles. "For me, it doesn't really matter where it is: it's playoff football," Morgan said this week. "It's not the regular season. These games are more cagey. You go 1-0 up, we defend a little bit deeper and we're relying on guys at the back. There have been massive performances." rcw/bb
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Last week was an interesting one for owners of one well-known penny share, including myself. Yes it has fallen 45% over five years and the largest shareholder is reportedly unhappy about how the business is being run. But management set out reasons that suggest the 6%-yielder may be undervalued and could potentially take off. The penny share in question is ( ). The name is well known to many of us, whether as customers or simply because we have seen the company’s showrooms at some point. After all, Topps sells one in five tiles bought in the UK. Strong ambition, building on a proven strategy That was the result of a strategy to aim for 20% of the market that the company set and successfully delivered over recent years. As it crowed this week, the company is now aiming for £365m of annual sales. Not only is that a million pounds’ worth of tiles a day on average, it would represent 47% growth from last year’s adjusted revenues. That is ambitious on any measure and especially given that adjusted revenue last year fell 5.4%, albeit from a record high. An ongoing digital push and the acquisition of parts of a failed competitor (currently undergoing regulatory scrutiny) could both help propel Topps’ sales forward. Topps’ performance isn’t the tops However, Topps has disappointed in more ways than one. Not only did adjusted revenues fall last year, but a £6.8m the prior year turned into a £16.2m loss before tax this time around. Meanwhile, shrank from £23.4m to £8.7m. Disappointingly, the dividend per share fell a third to 2.4p. Given its penny share status, that still equates to a 6% yield. After its weak interim results, I had thought there may be a dividend cut and indeed it came to pass. Still, I think that cut is bad for investor confidence and helps explain the 19% fall in the Topps share price so far in 2024. The company points to a tough market and the cyclical nature of tile demand is indeed a risk I see, especially if the housing market slows. It also pointed out last week that, although sales have declined, it has been growing overall market share. The acquisition I mentioned above should help that. Still, the business has seen falling sales, fell into the red last year and has reduced its shareholder payout. Those are rarely signs of a company operating at its best. I’m hanging on Thus, it was no surprise that Topps’ biggest shareholder continued its long-running dispute with the company about how management is doing. With the maximum stake allowed without mounting a takeover bid, the long-term shareholder is understandably focused on Topps’ performance. I think that could help the business over time (if it listens). I continue to like Topps’ strategic ambition, strong market position and relatively straightforward business model. So although I see a risk of further weak performance, I consider the penny share as good value from a long-term perspective and plan to hang on to my holding. I think it has fallen further than is merited by its long-term prospects.Browns get 497-yard performance from QB Jameis Winston and lose anyway in season long gone sour
Thankfully, the field for the inaugural 12-team College Football Playoff was set Sunday morning. Had the process lasted another week, it might have ripped the sport apart and pitted conference commissioners against each other in steel-cage matches. Not everything sparked outrage when the CFP selection committee revealed the pairings. Oregon and Georgia were the top-two seeds, as expected. Boise State, champion of the Mountain West, and Arizona State, which won the Big 12, received the No. 3 and 4 seeds, respectively, and will have opening-round byes. Texas, Penn State, Notre Dame and Ohio State will play home games in the opening round. But that’s where the relative peace and tranquility ended. The committee granted the final at-large berth to SMU, not Alabama, and you could instantly imagine smoke billowing from the nostrils of SEC commissioner Greg Sankey. Alabama (9-3) had more quality wins and played a vastly tougher schedule than the Mustangs (11-2) but also had uglier losses than the ACC runner-up. That wasn’t the only flashpoint. Boise State was seeded higher than Arizona State despite a weaker schedule — an outcome that sends the Broncos to the Fiesta Bowl (Glendale) for their quarterfinal game and forces the Sun Devils to play in the Peach Bowl (Atlanta). The debate Sunday was simply a continuation of the past five weeks, which featured athletic directors squabbling on social media, conference commissioners squawking over resumes and the committee chair himself, Michigan athletic director Warde Manuel, seemingly contradicting the stated selection criteria. All of it unfolded under the threat of demolition. Two months ago, executives from the SEC and Big Ten gathered in Nashville to discuss the future of the sport. At the conclusion of the summit, Sankey, the most powerful figure in the sport, told reporters that the CFP process “just has to go incredibly well.” You did not need a master’s degree in political gamesmanship to grasp the meaning. If the SEC and Big Ten were less than satisfied with their allotments of bids and seeds, they would force changes to the selection process. Specifically, the behemoths would grant themselves a truckload of automatic bids, reduce access for the other conferences and, potentially, disband the selection committee altogether. Needless to say, the process did not go “incredibly well” for the SEC. In fact, it could not have gone much worse. In addition to Alabama’s exclusion, Tennessee lost the No. 8-9 seed showdown against Ohio State and will open the playoff in Columbus. Meanwhile, three-loss South Carolina was left out entirely one week after winning at three-loss Clemson, while the Tigers advanced to the CFP with the ACC’s automatic bid. (In the committee’s final rankings, South Carolina was one spot above Clemson.) The repercussions could ripple through the sport for years. Earlier this week, another warning flare went skyward from SEC country when Alabama athletic director Greg Byrne posted the following note on the social media platform X: “When you look at the @CFBPlayoff Principles for its Selection Committee, the first bullet point on the list of considerations is strength of schedule. Not all schedules and conferences are created equal. We’ve worked diligently to add more challenging non-conference home-and-homes, which is good for college football ...” The implication was clear: If Alabama’s schedule strength wasn’t rewarded, the Crimson Tide would rethink the merits of playing A-level non-conference games in the first half of September. Alabama faced Wisconsin this season and has booked upcoming series with Florida State, Ohio State and Notre Dame. Those could be in jeopardy. Why risk the loss when the benefits of scheduling the game are limited? And if Alabama cancels marquee matchups, other SEC schools will assuredly follow — potentially sapping the sport of must-see intersectional duels that energize the September competition calendar. Asked on ESPN about the non-conference scheduling issue, Manuel, the committee chair and Michigan’s athletic director, offered the following: “I would just say, you need to schedule the games you feel are best for your team and your fan base.” Given the unprecedented nature of the season — with the expanded playoff and engorged conferences — there was no reason to expect a smooth ride from early November, when the first CFP rankings were released, through selection day. But the gaffes, misreads and contradictions by the 13-person committee were frequent and severe. Head-to-head results, schedule strength and quality wins were shoved to the background as the committee, loaded with former coaches, prioritized win-loss record. It was as if the coaches were collectively channeling their inner Lou Holtz — the former Notre Dame coach was the ultimate sandbagger — and determined a 74- point win over Western Illinois (by Indiana) was equivalent to a 15-point win at Texas (by Georgia). “One of the things we really need to do,” said Nick Saban, the ESPN analyst and former Alabama coach, “is (recognize) all wins are not the same as the other wins.” There were risks to selecting Alabama over SMU, as well. Had the committee excluded the Mustangs following their loss to Clemson in the ACC championship — on a walk-off field goal, no less — the decision would have undermined the credibility of conference title games. “The committee is going to lose no matter what they do,” ESPN analyst Kirk Herbstreit said. But just as not all wins are created equal, neither are all losses. Alabama’s out, the SEC is seething and major changes are coming to the CFP as a result. *** Send suggestions, comments and tips (confidentiality guaranteed) to wilnerhotline@bayareanewsgroup.com or call 408-920-5716 *** Follow me on the social media platform X: @ WilnerHotlineFrance's Macron vows to stay on, promises PM in 'coming days'
TENNIS players born male should only compete with men, Judy Murray has said — risking the wrath of trans rights activists. Wimbledon icon Andy’s mum spoke out after recent controversies over transgender competitors in women’s sport . 1 Judy Murray has said she thinks that those born male should only compete with men Credit: Andrew Barr Judy, 65, explained: “I’m all for inclusivity in sport but we’ve always had categories for a reason, to make it fair and to keep it safe. "And the most obvious categories are men and women .” The tennis coach insisted the two sexes are “physically and emotionally different”. The mother of two added: “I’m more than aware that when children reach puberty, the boys begin to pull away from the girls hugely because they obviously become bigger, stronger and faster. READ MORE TENNIS MUZZ BE CAREFUL Murray tells off Djokovic after spotting him with star of different sport 'I WAS TERRIBLE' Andy Murray delivers brutal verdict on his big tennis return “Usually boys are more competitive too and more robust than girls in general. "Those born male should only compete in male categories. "I feel the same way about our spaces in general.” The former Strictly contestant admitted she will undoubtedly be accused of transphobia, adding “which I’m certainly not”. Most read in Sport FIGHTER MOURNED Tommy Fury's ex-opponent Genadij Krajevskij dies at 37 as tributes pour in NEW BALL GAME Postecoglou told he's not playing 'Kilmarnock or St Mirren' by pundit 'YOU'RE CRAZY' Rangers star's DAD parties with fans during Ross County win CRY BHOY CRY Ex-Celtic star suffers cup final heartbreak as teammates left in TEARS She said: "As soon as you speak out about this you get jumped on by some trans activists who will accuse you of being transphobic, which I’m certainly not. “It does feel to me now as though the tide is turning. Jamie Murray breaks down in tears as he reacts to Andy Murray's retirement in emotional video with wife Kim and mum Judy “I think it’s a challenge for any woman in the public eye to speak about this and in sport it’s usually the old guard who are speaking out about it. “This is because they’ve gained maturity and don’t have anything to lose any more. “They have the accumulated wisdom that comes from experience. “Younger female athletes, understandably, are very cautious about this because of the social media onslaught that can come with it, and how it could affect sponsorship and team funding. “And it doesn’t matter what the topic is: if it’s something that’s considered divisive – and you see this in politics with female politicians – you’re left asking whatever happened to common sense and sensible debate? “What happened to the concept of listening to other people’s opinions and trying to devise fair solutions? Read more on the Scottish Sun 'vicious circle' I live in Scotland's benefits hotspot -I've only worked 4 years of my life SPLIT THE PACK I'm one of the best ever snooker stars but I wouldn't be if I was born later “If you’re a woman, you need to be a very strong personality now to withstand the criticism that comes with speaking out for something you believe in. “It’s really sad.”
College Football Playoff field set: SMU’s in, Alabama’s out and there could be consequences