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2025-01-13
Nordson executive vice president sells $82,657 in stockChildren of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools. Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022. Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of university heads and admissions officials. They show how schools admit otherwise unqualified wealthy children because their parents have connections and could possibly donate large sums down the line, raising questions about fairness. Stuart Schmill, the dean of admissions at the Massachusetts Institute of Technology, wrote in a 2018 email that the university admitted four out of six applicants recommended by then-board chairman Robert Millard, including two who “we would really not have otherwise admitted.” The two others were not admitted because they were “not in the ball park, or the push from him was not as strong.” In the email, Schmill said Millard was careful to play down his influence on admissions decisions, but he said the chair also sent notes on all six students and later met with Schmill to share insight “into who he thought was more of a priority.” The filings are the latest salvo in a lawsuit that claims that 17 of the nation’s most prestigious colleges colluded to reduce the competition for prospective students and drive down the amount of financial aid they would offer, all while giving special preference to the children of wealthy donors. “That illegal collusion resulted in the defendants providing far less aid to students than would have been provided in a free market,” said Robert Gilbert, an attorney for the plaintiffs. Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose financial aid might have been shortchanged over a period of more than two decades. They are Brown, the University of Chicago, Columbia, Dartmouth, Duke, Emory, Northwestern, Rice, Vanderbilt and Yale. Johns Hopkins is working on a settlement and the six schools still fighting the lawsuit are the California Institute of Technology, Cornell, Georgetown, MIT, Notre Dame and the University of Pennsylvania. MIT called the lawsuit and the claims about admissions favoritism baseless. “MIT has no history of wealth favoritism in its admissions; quite the opposite,” university spokesperson Kimberly Allen said. “After years of discovery in which millions of documents were produced that provide an overwhelming record of independence in our admissions process, plaintiffs could cite just a single instance in which the recommendation of a board member helped sway the decisions for two undergraduate applicants." In a statement, Penn also said the case is meritless that the evidence shows that it doesn't favor students whose families have donated or pledged money to the Ivy League school. “Plaintiffs’ whole case is an attempt to embarrass the University about its purported admission practices on issues totally unrelated to this case," the school said. Notre Dame officials also called the case baseless. “We are confident that every student admitted to Notre Dame is fully qualified and ready to succeed,” a university spokesperson said in a statement. The South Bend, Indiana, school, though, did apparently admit wealthy students with subpar academic backgrounds. According to the new court filings, Don Bishop, who was then associate vice president for enrollment at Notre Dame, bluntly wrote about the “special interest” admits in a 2012 email, saying that year's crop had poorer academic records than the previous year's. The 2012 group included 38 applicants who were given a “very low” academic rating, Bishop wrote. He said those students represented “massive allowances to the power of the family connections and funding history,” adding that “we allowed their high gifting or potential gifting to influence our choices more this year than last year.” The final line of his email: “Sure hope the wealthy next year raise a few more smart kids!” Some of the examples pointed to in this week's court filings showed that just being able to pay full tuition would give students an advantage. During a deposition, a former Vanderbilt admissions director said that in some cases, a student would get an edge on the waitlist if they didn’t need financial aid. The 17 schools were part of a decades-old group that got permission from Congress to come up with a shared approach to awarding financial aid. Such an arrangement might otherwise violate antitrust laws, but Congress allowed it as long as the colleges all had need-blind admissions policies, meaning they wouldn't consider a student’s financial situation when deciding who gets in. The lawsuit argues that many colleges claimed to be need-blind but routinely favored the children of alumni and donors. In doing so, the suit says, the colleges violated the Congressional exemption and tainted the entire organization. The group dissolved in recent years when the provision allowing the collaboration expired.sg777 ai

AP Trending SummaryBrief at 6:29 p.m. ESTTSM Share Price in Taiwan: A Gamer’s Investment Opportunity?The rain that had been falling over Kelowna stopped for a few hours on the evening of Nov. 20, while a group of people gathered in Stuart Park to remember those who have been killed in acts of anti-trans violence over the last year. Over the last year, there have been 350 reported deaths of transgender, gender non-binary, and gender non-conforming folks worldwide. , to remember a woman who was killed in an anti-trans attack. The annual vigil was held by the vice president of the 2SLGBTQIA+ advocacy and inclusion-based organization. a resource for transgender, non binary and gender non-conforming people said in a statement that as visibility queer communities increase, so too has there been an "observable rise in misinformation about trans, Two-Spirit and non-binary (TTNB) people and gender-affirming care." The prevalence of misinformation has impacted the degree to which anti-trans backlash is experienced, particularly for trans-feminine and racialized TTNB folks, said Trans Care BC in an article on the Day of Remembrance. At the vigil, McWatters made a point of noting that the hundreds of names that were read to the group gathered in Stuart Park is likely not complete, and does not include the names of those who died by suicide due to a lack of social acceptance. "This is an opportunity to have a solemn event to acknowledge that the world is not always that kind, and that transphobia and violence against transgender people exists. It is to remember those that we lost and to move forward and to make the world a better place," said McWatters. At the vigil, several people shared stories of times they have been berated and feared for their lives in public because they were not conforming with social gender norms. One person shared that last week a vehicle yelled derogatory comments and swerved towards them while they were walking because they were wearing lipstick. Multiple people, ranging from teenagers to people in their 60s, shared stories about how they have considered self-harm after being shamed for expressing their gender identity. McWatters encourages people to reach out to Advocacy Canada, herself or support groups if they want to speak with someone. She also encourages allies to check-in and stand up for their friends. An easy way for allies to demonstrate support is to use inclusive language and respect people’s pronouns and chosen names. People looking to get involved, find community or step up as an ally are encouraged to visit or to learn more.Rwanda’s ‘Intore’ dance recognized as UNESCO Intangible Cultural Heritage

Victory Capital Management Inc. grew its position in shares of Empire State Realty Trust, Inc. ( NYSE:ESRT – Free Report ) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,687 shares of the real estate investment trust’s stock after buying an additional 17,777 shares during the quarter. Victory Capital Management Inc. owned 0.16% of Empire State Realty Trust worth $2,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors have also recently modified their holdings of ESRT. Signaturefd LLC lifted its holdings in shares of Empire State Realty Trust by 81.6% during the 3rd quarter. Signaturefd LLC now owns 3,391 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 1,524 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Empire State Realty Trust by 35.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,412 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 1,419 shares during the period. Ballentine Partners LLC bought a new position in shares of Empire State Realty Trust during the 3rd quarter valued at $129,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Empire State Realty Trust during the 2nd quarter valued at $137,000. Finally, Creative Planning lifted its holdings in shares of Empire State Realty Trust by 20.5% during the 3rd quarter. Creative Planning now owns 12,598 shares of the real estate investment trust’s stock valued at $140,000 after buying an additional 2,145 shares during the period. 67.10% of the stock is owned by institutional investors. Empire State Realty Trust Trading Up 2.2 % NYSE:ESRT opened at $11.08 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 3.72 and a quick ratio of 3.72. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 41.04 and a beta of 1.40. Empire State Realty Trust, Inc. has a one year low of $8.39 and a one year high of $11.62. The business has a fifty day moving average price of $10.93 and a 200-day moving average price of $10.25. Analysts Set New Price Targets Several research firms have recently weighed in on ESRT. Wells Fargo & Company increased their price target on Empire State Realty Trust from $7.00 to $10.00 and gave the company an “underweight” rating in a report on Wednesday, September 11th. BMO Capital Markets upped their price objective on Empire State Realty Trust from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Finally, StockNews.com lowered Empire State Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 2nd. View Our Latest Research Report on ESRT Empire State Realty Trust Company Profile ( Free Report ) Empire State Realty Trust, Inc (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT’s flagship Empire State Building – the “World’s Most Famous Building” – includes its Observatory, Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best the #1 attraction in the US for two consecutive years. Read More Five stocks we like better than Empire State Realty Trust How Investors Can Find the Best Cheap Dividend Stocks Vertiv’s Cool Tech Makes Its Stock Red-Hot Insider Selling Explained: Can it Inform Your Investing Choices? MarketBeat Week in Review – 11/18 – 11/22 Basic Materials Stocks Investing 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding ESRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Empire State Realty Trust, Inc. ( NYSE:ESRT – Free Report ). Receive News & Ratings for Empire State Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire State Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter .Vikings withstand Bears' furious rally, win on field goal in OTLooking to burnish communications to the community, the Mohawk Council of Kanesatake (MCK) is planning to move ahead with the creation of a dedicated smartphone app. “I think it’s a step in the right direction because now instead of relying on mailouts, we’re using the technology that’s already in our members’ hands and communicating with them that way,” said MCK chief Amy Beauvais. The app will be used by all MCK departments to deliver updates, job opportunities, and other information pertinent to band members, but it will not replace existing forms of communication, Beauvais said. “A large majority of our members have smartphones, but that isn’t to say we’re going to obliterate the other forms of communication,” she said. “We’re not trying to get rid of anything. We’re just trying to add and improve.” Beauvais presented the option to other Council chiefs after she was approached with the concept by technology company Communikit, which specializes in creating app solutions for First Nations. “I would say I was ecstatic when I found out,” said Beauvais, who has been looking for ways to boost Council’s outreach following her experience at the Indigenous-led First Nations Executive Education (FNEE) program at HEC Montreal. At the school, she worked on a project that envisioned a communications department at the MCK. It’s something she’s now working to put into action, she said, alongside the MCK’s new administrative consultant. Improving communications is a priority, she said, because community members have often complained they don’t know what Council is doing. Communikit’s technology is already being used by other First Nations, including Six Nations of the Grand River, which issues announcements and other information on the app. The suite of features even allows for forms to be filled out, although Six Nations doesn’t currently have any available. “I think to have a one-stop shop is great,” said Six Nations of the Grand River public relations coordinator Darryl Smart. “There are so many different platforms out there and so many ways to get the message out. If you can spread that message to as many people as possible, I think that’s the big one.” He said in his community, too, paper is not going anywhere. He remembers the department pounding the pavement this summer to deliver parking information ahead of homegrown Kanien’kehá:ka National Hockey League star Brandon Montour coming to town with the Stanley Cup. “Physical information will never go away because if you’re in communications, you also have to realize it’s nice to have the tools, but you also have to realize not everyone has these tools,” Smart said. Even social media cannot reach everyone, he noted, especially with the fragmentation of platforms. The communications app is not the only new technology coming soon to Kanesatake, with MCK chief Brant Etienne revealing to The Pines Reporter earlier this year that Council has contracted the services of OneFeather to provide an online voting option in the next MCK election. The Eastern Door Marcus Bankuti, Local Journalism Initiative Reporter

'Maintaining lamb stocks must be the Welsh red meat industry’s prime concern'Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. After scoring a goal on Monday, U.S. men's soccer star Christian Pulisic joined the wave of athletes who are pulling out President-elect Trump's "YMCA" dance as a celebration. Pulisic told reporters afterward he "thought it was funny" and said the dance moves were not "political" in nature. But that didn't save him from scrutiny. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Christian Pulisic and Megan Rapinoe. (Getty Images/IMAGN) The U.S. Soccer Federation (USSF) did not address Pulisic’s dance, but cut that part of the clip out when reposting the score on its social media accounts. However, anonymous USSF officials expressed dismay to The Athletic on Tuesday. "Literally nobody here is surprised," a USSF employee told the outlet . "It doesn’t feel that way, at least. But it’s still really disappointing, to say the least." Another employee added that the organization has "more pressing things to worry about." Well, a former member of the United States men's soccer youth program took a shot at the media for ripping Pulisic, posting a story by The Athletic that was headlined, "Christian Pulisic, the Donald Trump dance and why true leaders consider the impact of their actions." The United States' Christian Pulisic brings the ball down the pitch as Jamaica's Tayvon Gray gives chase during their CONCACAF Nations League quarterfinal second leg soccer match at CityPark in St. Louis on Monday. (AP Photo/Jeff Roberson) "Megan Rapinoe shouts and screams about every radical liberal idea and the soccer media claps like seals at her. Christian Pulisic does the trump dance and now the soccer media says he should worry about what ‘message’ it sends," Andrew Carleton wrote on X on Wednesday . In the story, The Athletic writer Jeff Reuter also warned the soccer star to "consider the impact" of the dance move and why he "may come to regret" it. United States forward Christian Pulisic controls the ball as Jamaica midfielder Joel Latibeaudiere defends during their CONCACAF Nations League quarterfinal second leg soccer match at CityPark in St. Louis on Monday. (Jeff Curry-Imagn Images) "Pulisic can dance if he wants to. Any fan of 1980s one-hit wonders knows that. But it’s one thing to say you’re a leader and another to do what leaders do: consider how their actions will be perceived by their teammates and others," he wrote. "And yes, that extends to dances — especially when you’re literally mimicking the dance of an elected leader. Rather than any of the countless apolitical shimmies he could have chosen, this was a deliberate reference." CLICK HERE TO GET THE FOX NEWS APP Carleton last played in the United Soccer League for the Las Vegas Lights last year. He was a member of the US U20 team in 2019. Follow Fox News Digital’s sports coverage on X , and subscribe to the Fox News Sports Huddle newsletter .

NoneBy ZEKE MILLER, Associated Press WASHINGTON (AP) — President-elect Donald Trump’s transition team on Tuesday signed an agreement to allow the Justice Department to conduct background checks on his nominees and appointees after a weeks-long delay. The step lets Trump transition aides and future administration staffers obtain security clearances before Inauguration Day to access classified information about ongoing government programs, an essential step for a smooth transiton of power. It also allows those nominees who are up for Senate confirmation to face the background checks lawmakers want before voting on them. Teams of investigators have been standing by to process clearances for Trump aides and advisers. “This agreement with the Department of Justice will ensure President Trump and his team are ready on Day 1 to begin enacting the America First Agenda that an overwhelming majority of our nation supported on Election Day,” said Susie Wiles, Trump’s designate to be White House chief of staff. The announcement comes a week after the Trump transition team signed an agreement with the Biden White House to allow transition staff to coordinate with the existing federal workforce before taking office on Jan. 20. The White House agreement was supposed to have been signed by Oct. 1, according to the Presidential Transition Act, and the Biden White House had issued both public and private appeals for Trump’s team to sign on. Security clearances are required to access classified information, including on ongoing operations and threats to the nation, and the Biden White House and outside experts have emphasized to Trump’s team the importance of having cleared personnel before Inauguration Day so they could be fully briefed and ready to run the government. Republican Senators have also insisted on FBI background checks for Trump’s nominees before they face confirmation votes, as has been standard practice for decades. Lawmakers have been particularly interested in seeing the findings of reviews into Trump’s designated nominee for defense secretary, former Fox News host Pete Hegseth, and for Rep. Tulsi Gabbard to be director of national intelligence. “That’s why it’s so important that we have an FBI background check, a committee review of extensive questions and questionnaires, and a public hearing,” said. Sen. Susan Collins, R-Maine on Monday. John Thune, the incoming Senate Republican leader, said the Trump team “understands there’s going to have to be a thorough vetting of all these nominees.” AP congressional correspondent Lisa Mascaro contributed.

Kinsale capital director Gregory M. share sells $220,932 in stock

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