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Web 3.0 Market: Explosive Surge: $3.4B in 2023 to $82.9B by 2031Trump tariffs threaten to crack open North American economiesBy MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.
Cerity Partners LLC grew its position in shares of Service Co. International ( NYSE:SCI – Free Report ) by 53.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,863 shares of the company’s stock after purchasing an additional 18,132 shares during the quarter. Cerity Partners LLC’s holdings in Service Co. International were worth $4,094,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also bought and sold shares of SCI. Icon Wealth Advisors LLC lifted its position in shares of Service Co. International by 313.3% during the 3rd quarter. Icon Wealth Advisors LLC now owns 6,394 shares of the company’s stock valued at $505,000 after acquiring an additional 4,847 shares during the period. Raymond James Trust N.A. acquired a new stake in shares of Service Co. International in the 3rd quarter valued at about $230,000. Commerce Bank increased its position in Service Co. International by 16.3% in the 3rd quarter. Commerce Bank now owns 8,897 shares of the company’s stock valued at $702,000 after buying an additional 1,248 shares in the last quarter. Premier Fund Managers Ltd raised its stake in Service Co. International by 23.9% during the 3rd quarter. Premier Fund Managers Ltd now owns 1,093,723 shares of the company’s stock worth $85,721,000 after buying an additional 210,802 shares during the period. Finally, Prospera Financial Services Inc boosted its holdings in Service Co. International by 26.1% in the third quarter. Prospera Financial Services Inc now owns 5,221 shares of the company’s stock worth $412,000 after acquiring an additional 1,081 shares in the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock. Wall Street Analyst Weigh In SCI has been the subject of several research reports. Truist Financial lifted their price target on shares of Service Co. International from $84.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, November 1st. StockNews.com downgraded shares of Service Co. International from a “hold” rating to a “sell” rating in a research report on Friday, November 8th. Finally, Raymond James lifted their price target on Service Co. International from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to data from MarketBeat, Service Co. International has a consensus rating of “Moderate Buy” and a consensus price target of $85.25. Service Co. International Stock Up 0.0 % Service Co. International stock opened at $88.64 on Friday. Service Co. International has a fifty-two week low of $60.65 and a fifty-two week high of $89.37. The company has a debt-to-equity ratio of 2.91, a quick ratio of 0.48 and a current ratio of 0.52. The firm’s 50-day simple moving average is $80.60 and its 200 day simple moving average is $76.38. The stock has a market cap of $12.82 billion, a PE ratio of 25.77, a price-to-earnings-growth ratio of 2.59 and a beta of 0.83. Service Co. International ( NYSE:SCI – Get Free Report ) last released its earnings results on Wednesday, October 30th. The company reported $0.79 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.79. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.02 billion. Service Co. International had a return on equity of 31.84% and a net margin of 12.19%. Service Co. International’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.78 earnings per share. Research analysts predict that Service Co. International will post 3.51 EPS for the current fiscal year. Service Co. International Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.31 dividend. This is an increase from Service Co. International’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Friday, December 13th. Service Co. International’s payout ratio is 34.88%. Insider Buying and Selling In other news, CEO Thomas L. Ryan sold 50,000 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $86.11, for a total transaction of $4,305,500.00. Following the completion of the transaction, the chief executive officer now owns 982,333 shares in the company, valued at approximately $84,588,694.63. This represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, VP Elisabeth G. Nash sold 56,100 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $86.13, for a total value of $4,831,893.00. Following the completion of the sale, the vice president now owns 109,260 shares in the company, valued at $9,410,563.80. This represents a 33.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 108,655 shares of company stock worth $9,356,203. Insiders own 5.10% of the company’s stock. About Service Co. International ( Free Report ) Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services. Read More Receive News & Ratings for Service Co. International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Service Co. International and related companies with MarketBeat.com's FREE daily email newsletter .
MONACO - Canadians Alex Tessier, Sophie de Goede and Laetitia Royer have been named to World Rugby’s Women’s 15s Dream Team of the Year. Canada sevens captain Olivia Apps, meanwhile, was selected to World Rugby’s Women’s Sevens Dream Team. The women’s 15s world all-star squad also featured six players from top-ranked England and three from No. 2 New Zealand. The other three came from the U.S., Ireland and France. Tessier was also a finalist for the World Rugby Women’s 15s Player of the Year award won by England fullbackEllie Kildunne.France’s Pauline Bourdon Sansus and England’s Alex Matthews were the other finalists. Tessier won her 50th cap in 2024 and, playing at inside centre alongside fly half Claire Gallagher, led the Canada women to a historic first-ever victory over New Zealand to win the 2024 Pacific Four Series in May. The 22-19 comeback victory lifted Canada into second place in the women’s world rankings, its highest position since November 2016. Tessier’s strong kicking game was also key for Canada. The 31-year-old from Sainte-Clotilde-de-Horton, Que., scored 27 points in starting all six matches for Canada in 2024 to up her career total to 48 points (including five tries) in 54 appearances. Tessier plays professionally in England for the Exeter Chiefs. De Goede made the all-star team despite tearing her anterior cruciate ligament in training in June. A finalist for the Women’s Player of the Year award in 2022, the Victoria back-rower plays in England for Saracens. Royer, from Loretteville, Que., is a second-row forward who plays in France for ASM Romagnat. Top-ranked South Africa dominated the men’s 15s all-star squad with seven players represented. Ireland had four players with New Zealand three and Argentina one. —- World Rugby’s 15s Dream Teams of the Year Women 1. Hope Rogers (U.S.); 2. Georgia Ponsonby (New Zealand); 3. Maud Muir (England); 4. Zoe Aldcroft (England); 5. Laetitia Royer (Canada); 6. Aoife Wafer (Ireland)’ 7. Sophie de Goede (Canada); 8. Alex Matthews (England); 9. Pauline Bourdon Sansus (France); 10. Holly Aitchison (England); 11. Katelyn Vahaakolo (New Zealand); 12. Alex Tessier (Canada); 13. Sylvia Brunt (New Zealand); 14. Abby Dow (England); 15. Ellie Kildunne (England). Men 1. Ox Nche (South Africa); 2. Malcolm Marx (South Africa); 3. Tyrel Lomax (New Zealand); 4. Eben Etzebeth (South Africa); 5. Tadhg Beirne (Ireland); 6. Pablo Matera (Argentina); 7. Pieter-Steph du Toit (South Africa); 8. Caelan Doris (Ireland); 9. Jamison Gibson-Park (Ireland); 10. Damian McKenzie (New Zealand); 11. James Lowe (Ireland); 12. Damian de Allende (South Africa); 13. Jesse Kriel (South Africa); 14. Cheslin Kolbe (South Africa); 15. Will Jordan (New Zealand). World Rugby Sevens Dreams Team of the Year Women Olivia Apps (Canada), Michaela Blyde (New Zealand), Kristi Kirshe (U.S.), Maddison Levi (Australia), Ilona Maher (U.S.), Jorja Miller (New Zealand), Séraphine Okemba (France). Men Selvyn Davids (South Africa), Antoine Dupont (France), Aaron Grandidier Nkanang (France), Terry Kennedy (Ireland), Nathan Lawson (Australia), Ponipate Loganimasi (Fiji), Matías Osadczuk (Argentina). This report by The Canadian Press was first published Nov. 27, 2024.VERMILLION, S.D. (AP) — Aidan Bouman threw a go-ahead touchdown pass in the fourth quarter and Quaron Adams followed with a 70-yard touchdown on a reverse as No. 4 seed South Dakota pulled away late to beat 13th-seeded Tarleton State 42-31 on Saturday in the second round of the FCS playoffs. South Dakota will host the winner of Saturday's matchup between No. 5 seed UC Davis and 12th-seeded Illinois State in the third round. The Coyotes (10-2) trailed by seven points four times until Bouman connected with Keyondray Jones-Logan for a 12-yard touchdown and a 35-31 lead with 9:36 left to play. Tim White intercepted a Victor Gabalis pass, giving South Dakota the ball at its own 15-yard line. Adams, a sophomore receiver, raced to the end zone three plays later for his first career rushing touchdown and the Texans (10-4) never recovered in their first trip to the postseason. Gabalis threw three first-half touchdown passes, giving Tarleton State leads of 7-0, 14-7 and 21-14 at halftime. Travis Theis had two short touchdown runs in the first half to pull the Coyotes even and his 2-yard scoring run 51 seconds into the fourth quarter tied it at 28. Tarleton State took its last lead on a 23-yard field goal by Corbin Poston with 11:23 left to play. Bouman completed 18 of 22 passes for 213 yards and also had a 5-yard scoring toss to Jones-Logan off a deflected pass that stood up to a video review and tied the game at 21. Theis carried 25 times for 130 yards. Gabalis totaled 379 yards on 23-for-31 passing with four touchdowns and three interceptions. Darius Cooper caught nine passes for 161 yards and three scores. Cody Jackson had the other touchdown reception. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
IBM set to snap seven straight days of gainsOn Friday, December 6th, 2024, the labor union representing the professional engineers working at Seattle-based aerospace manufacturer Boeing announced that hundreds more union employees would be laid off in the coming months. According to the Society of Professional Engineering Employees in Aerospace (SPEEA), 222 members of Boeing's current workforce received layoff notices this upcoming week, including 184 engineers and 38 technical employees . Get all the latest aviation news from Simple Flying! The labor organization, which represents around 17,000 employees at Boeing facilities across the states of Washington, Oregon, California, and Utah, did not indicate what portion of the workers who had been laid off were employed in each of these states, according to local news outlet King 5 . The union indicated that it would be continuing to review data released by Boeing for the layoffs to ensure that no union contracts are violated . These layoffs are not entirely unsurprising given the rhetoric coming from Boeing's management team, amid extensive issues facing the manufacturer. Boeing did not immediately respond to Simple Flying's request for a comment on this latest round of layoffs. Your changes have been saved Email is sent Email has already been sent A move that comes in line with recent decisions Boeing executives announced earlier this past fall that they anticipate cutting around 10% of their workforce to help address some of the company's difficulties that have resulted in the wake of heavy financial losses over the past five years. Boeing 737 MAX aircraft, the manufacturer's current flagship narrowbody product, were involved in a pair of deadly crashes in 2018 and 2019. A door-plug blowout on an Alaska Airlines flight earlier this year would also damage the company's reputation. The company, which desperately needed to increase its aircraft production numbers in order to deliver more aircraft faster, was also hit by a weeks-long machinist strike this fall. According to Reuters , this strike was estimated to have cost the company over $1 billion. This news likely does not come as a surprise. Therefore, it is unsurprising to see the company choosing to continue its campaign of layoffs, with the 222 employees who received notices this week set to part ways with the company in the first few months of next year. The company's overarching strategy appears to be focusing on aircraft families that bring the company the most reliable sources of revenue, and cutting down on costs it views as unnecessary. Not the first layoffs the company announced in recent months Back on November 27th, Simple Flying reported on layoffs at Boeing that were estimated to see around 200 people lose their jobs . These employees are set to part ways with the company on January 17th, 2025, so it is safe to say that those who received layoff notices last week will likely leave the company not long after. In total, Boeing has laid off 2,199 employees this year in Washington alone, in addition to dozens more from this past week, according to the company's filing with the Washington Employment Security Department. Boeing's financial difficulties have only continued throughout 2024, with the company seeing stock prices fall by around 35% since January.
EL SEGUNDO — Lamar Jackson is the kind of quarterback who has troubled the Chargers. Aw, who are we kidding? He’s the kind of quarterback who troubles everyone in the NFL. He’s a passer. He’s a runner. He’s a playmaker. He’s a destroyer of defenses. “He’s one of one,” Chargers defensive coordinator Jesse Minter said Friday. Minter also called Jackson “the most electric quarterback in the history of the National Football League.” Jackson will be the Chargers’ problem this week, when they host the Baltimore Ravens on Monday night at SoFi Stadium. Jackson is another in a string of standout quarterbacks the Chargers will face during what is without question the toughest, most challenging part of their 2024 schedule. The Chargers rallied past Joe Burrow and the Cincinnati Bengals on Sunday night, pulling out a 34-27 victory on a last-minute drive led by Justin Herbert. Now, here comes Jackson, followed quickly by Kirk Cousins of the Atlanta Falcons, followed quickly by Patrick Mahomes of the Kansas City Chiefs. No rest for the weary. No question, Burrow, Jackson, Cousins and Mahomes could wear out a defensive coordinator, causing him to lose sleep. In fact, it’s already happened, as Minter admitted last week while preparing to face Burrow, who led the NFL in passing yardage going into the game, and still does. Jackson (2,876 yards) is second to Burrow (3,028) going into Week 12. Jackson (25) is also second to Burrow (27) in touchdown passes. Jackson (nine) is second to Jared Goff of the Detroit Lions (9.2) in yards per passing attempt. Jackson leads the NFL in passer rating (117.3). No one has passed and run for as many yards as Jackson (3,460). “It’s an ultimate challenge,” Minter said. The Chargers have struggled to contain players with a similar mix of skills to Jackson, including Mahomes, Justin Fields of the Pittsburgh Steelers and Bo Nix of the Denver Broncos. Jackson does it better than the others, and that’s what keeps Minter up late at night, worrying about how to contain the uncontainable. “We’ve played against different types of guys, guys who do different things well,” Minter said. “(Jackson) does everything well. The second you overcommit to where you’re going to have all these eyes on him to run, he’ll throw the ball over your head. There’s no one you can compare him to, he’s one of one.” Plus, Jackson isn’t all the Chargers must worry about Monday. Jackson serves as something akin to a basketball point guard, distributing the football as he sees fit, whether it’s handing it off to bruising running back Derrick Henry, the NFL’s leading rusher with 1,185 yards and 13 touchdowns, or throwing it to wide receiver Zay Flowers or tight end Mark Andrews. Related Articles The Ravens are first in the NFL in net yards per game (430.1) and yards from scrimmage per play (8.64). They are second in points per game (30.4) and net rushing yards per game (177.3). They are third in net passing yards per game (252.8). They also are first in red-zone touchdown percentage (77.8%). The Ravens are 7-4, second in the AFC North. The Chargers are 7-3, second in the AFC West. “The ultimate red-zone weapon because every play can be so many different things,” Minter said of Jackson’s versatility. “High, high level of respect for him, how he works. Just a challenge. You can run to the challenge. You can run from the challenge. We’re going to run to the challenge, meet it head on, put our best stuff out there and see what happens.”
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Aidan Bouman, Quaron Adams rally South Dakota past Tarleton State 42-31 in FCS second-round duelPhilip Morris boss sees no easy way to keep minors from nicotineSerbia authorities installed spyware on phones of government critics: report