The company filed a settlement agreement with the Minnesota Public Utilities Commission reached with intervenors on its 2023 rate case MINNEAPOLIS , Nov. 25, 2024 /PRNewswire/ -- Today, CenterPoint Energy filed a settlement agreement with the Minnesota Public Utilities Commission (Commission) for its rate case submitted in November 2023 , to adjust natural gas distribution service rates in 2024 and 2025. The company reached a settlement agreement with all intervening parties including: Minnesota Department of Commerce, Minnesota Office of Attorney General – Residential Utilities Division, Citizens Utility Board of Minnesota , International Union of Operating Engineers Local 49, LIUNA of Minnesota and North Dakota , and Suburban Rate Authority. If approved by the Commission, CenterPoint's rate adjustment will enable the company to: Continue to maintain the safety, resiliency and integrity of its natural gas distribution system to benefit the company's more than 920,000 customers in over 260 local Minnesota communities. Continue to support the advancement of low- and zero-carbon technologies, including recovering certain costs for the company's innovation plan approved in July 2024 by the Commission under Minnesota's Natural Gas Innovation Act for investments in innovative technologies and low- and zero-carbon energy resources. Conduct infrastructure projects to replace or upgrade existing pipelines, provide safe and reliable service, comply with federal pipeline regulations and relocate facilities to enable projects by government agencies such as roads, bridges, drainage and other infrastructure. Accommodate the increased investments to operate, maintain and deliver natural gas through the company's distribution system. "From the outset, we were determined to use a collaborative approach with state agencies and all intervenors to reach a settlement agreement that worked for all parties. This agreement prioritizes the safety, reliability and resiliency of the energy system for the benefit of our customers and communities throughout Minnesota ," said Brad Steber , CenterPoint's Vice President of Minnesota Gas. "The agreement meaningfully plans for current and anticipated near-term future investments to continue to serve our customers' needs for readily available energy resources. These proposed investments will enhance our ability to deliver energy when customers need it most to help them withstand the coldest days of winter and to keep them safe and warm." The Commission will review and decide upon the filed settlement agreement. A decision is expected in 2025. Meaningful investments in the company's natural gas system A rate case is a forward-looking proposal to plan for the continued needs of customers for energy service. CenterPoint plans to continue to make investments in the safety and resiliency of the company's natural gas distribution system to benefit its customers including: Replacing natural gas lines using modern construction methods and materials. Relocating natural gas meters inside residential customer's homes to outside for improved access in case of an emergency and for enhanced customer safety. Deploying smart natural gas meters for residential customers, which have enhanced safety and communications features. Using methane detection vehicles that have a higher level of detection capability to monitor methane emissions and more efficiently conduct leak detection operations, allowing for faster mitigation and repair of natural gas leaks. Leveraging vacuum-like technology, also known as cross-compression, during repair, replacement and inspection of a natural gas line to help prevent natural gas from going into the air. Instead, the natural gas is temporarily stored or placed in another segment of natural gas line. Rate adjustment proposal As identified in the proposed settlement agreement, CenterPoint is requesting adjustments to the delivery charge, or the cost to deliver natural gas. The delivery charge accounts for approximately 50% of a typical residential customer's monthly bill. The remaining approximately 50% of a customer's bill is the cost of natural gas which is passed through at cost. CenterPoint does not profit from the overall cost of natural gas. The requested increase is approximately 4.7% or $60.8 million for 2024 and approximately 3.1% or $42.7 million for 2025. The requested increase will add $2.70 to the average residential customer's monthly bill in 2024 and an additional $1.27 to an average residential customer's monthly bill in 2025. While the rate case is under consideration, interim rates are in effect. Interim rates started with the January 2024 billing cycle and added approximately $4 per month to the average residential bill. It is anticipated that interim rates for 2025 would begin with the January 2025 billing cycle and be approximately $2 more per month for an average residential customer's bill as the Commission reviews the settlement agreement. Interim rates are applied as an equal percentage across all customer types. After final rates have been approved by the Commission, and if interim rates are set higher than final approved rates, CenterPoint will calculate a refund to customers for the difference in interim rates and final rates. The refund will be based on actual customer usage while interim rates were in effect, including interest, and will be issued as a credit on a monthly bill. CenterPoint offers various programs, tools and tips to help customers manage their bills and save energy. The company encourages those facing hardship to call CenterPoint to find out about payment arrangements and be referred to resources that may be available. To learn more, call 800-245-2377 between 7 a.m. and 7 p.m. , Monday-Friday or visit CenterPointEnergy.com/PaymentAssistance . More details about the rate case can be found at CenterPointEnergy.com/RateCase . About CenterPoint Energy, Inc. As the only investor-owned electric and gas utility based in Texas , CenterPoint Energy, Inc. (NYSE: CNP ) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana , Louisiana , Minnesota , Mississippi , Ohio and Texas . With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com . Forward-looking statements This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as approval by the Commission of the settlement agreement and timing thereof, the anticipated benefits of the rate adjustment, investments in the company's natural gas system and the anticipated benefits thereof, the amount and expected impact to customer's bills, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) CenterPoint Energy's business strategies and strategic initiatives; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and CenterPoint's Quarterly Report on Form 10-Q for the quarters ended March 31, 2024 , June 30, 2024 , and September 30, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission. For more information, contact Communications [email protected] SOURCE CenterPoint Energy, Inc
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Another year is coming to a close. As we say goodbye to 2024, let us take a moment to remember the tech that won't be continuing on with us into 2025. As it goes with the passing of time, tech products that were once shiny and new have been rendered obsolete. Others lived short lives at the expense of companies pivoting to different, more lucrative goals. On that note, the generative AI boom shows no signs of slowing down.This year's AI offerings highlighted the challenges of finding killer use cases that deliver genuine, transformative technology that, at best, provide minor productivity gains and, at worst, create frustrating inaccuracies. Some AI tech gadgets like the Humane AI pin and the Rabbit R1 simply fell flat , unable to provide the bare minimum of reliable features, let alone something revolutionary. However, you won't see them on this list because they're technically still alive, albeit on life support. Instead we've rounded up the most noteworthy tech deaths that have officially departed this world. Join us as we look back and reflect on their impact, whether it was significant, trivial, or downright baffling (looking at you, Meta). Google Jamboard and Google Podcasts It wouldn't be a tech death roundup without some entries from Google. The tech giant is notorious for ambitiously launching new products, only to ruthlessly cut them down a few years later. This year, Google Jamboard and Google Podcasts were on the chopping block. Google Jamboard was a whiteboard device and accompanying app for Google Workspace users to collaborate on projects in an interactive, scrapbook-esque way. Back in 2016, Mashable said it "makes collaborative work feel like playtime." But in September 2023, Google announced it would be winding down Jamboard by the end of 2024. Instead, Google said it would integrate Google Workspace with third-party partners FigJam by Figma , Lucidspark by Lucid Software , and the visual workspace Miro for its collaborative whiteboard tools. Say goodbye to Google Jamboard. It's not proper to speak ill of the dead, but discontinuing Google Podcasts kind of makes sense. Google announced it would be sunsetting the standalone podcast-hosting app this year and migrate its listeners over to YouTube Music. It's a logical choice given consumers' listening habits. "According to Edison, about 23 percent of weekly podcast users in the US say YouTube is their most frequently used service, versus just 4 percent for Google Podcasts," said the Google announcement. Plus, forcing users to listen to podcasts on YouTube Music means more eyeballs for ad revenue and subscriptions to the premium version, which costs $11 a month. And that's not even all the stuff Google killed this year. In 2024, we also said goodbye to Chromecast, VPN by Google One, DropCam, and Keen. If you want to pay your respects, we recommend visiting the Google Graveyard . Meta AI celebrity avatars Another year, another installment of Meta missing the mark with technology that no one asked for . This time it was a confusing collection of AI personas that used the likenesses of celebrities, that weren't even AI versions of those celebrities. Instead we got Kendall Jenner as an AI bestie, Tom Brady as a fitness guru, and bafflingly, Snoop Dogg as a Dungeon Master for Dungeons and Dragons. Meta's confusing AI personas were not long for this world. Despite reportedly paying millions of dollars per celebrity to license their likenesses, the investment did not pay off. After launching at Meta Connect in September 2023, Meta scrapped the AI personas in August 2024. The company didn't provide any reasoning for its decision to discontinue the feature, but the AI personas never gained much traction based on their follower count. So you're no longer able to chat with a bot that has Kendall Jenner as its profile picture and a vaguely similar influencer girly vibe. But don't worry, we still have Meta AI's celebrity voices, so at least these AI voices are clones of who they claim to be? As ever, we remain confused with Meta's strategic vision. Meta Quest 2 and Quest Pro Old versions replaced by new and improved ones are part of the tech gadget lifecycle. But saying goodbye to the Meta Quest 2 and Meta Quest Pro VR headsets was a tough loss. In its place, Meta introduced us to the Quest 3S, which combines Quest 2 and Quest Pro specs like full-color passthrough and XR capabilities, thereby making the older devices more or less obsolete. In a stirring eulogy, Mashable Tech Reporter Alex Perry wrote: The Meta Quest 2 was one of the best early VR headsets. Alas, such is the cycle of life. But the Quest 2 and Quest Pro will be remembered for bringing VR headsets to the masses, which is more than can be said for the Apple Vision Pro . Kindle Oasis As far as e-readers go, the Kindle Oasis had a good long life. Amazon launched the Kindle Oasis in 2016 with a thicker edge on one side that housed physical buttons to turn the pages. The design gave users a convenient way to hold the e-reader without obscuring or accidentally tapping the screen, and the buttons provided a pleasing tactility. But by this year, it was the only device in the Kindle lineup that had physical buttons, which seems to signal imminent death for tech gadgets. "Once current inventory of Kindle Oasis sells out online and in stores, we will not restock the device," Amazon confirmed to The Verge this October. "Today, all of our devices are touch-forward, which is what our customers are comfortable with." Kindle Oasis fans will miss the buttons. Kindle Oasis users took to Reddit to express their grief. "Bought my Oasis when it was released solely for the page turn buttons and can't imagine living without them," said one Redditor. "I'm just not buying another Kindle without page turn buttons. It's a deal breaker for me," said another . But for Amazon. it's RIP buttons. Long live touch screens. Jabra Elite earbuds This was the year Jabra succumbed to the highly competitive earbud market. This past June, Jabra's parent company GN announced that it would be "winding down its Elite and Talk product lines." Jabra's lineup of Elite wireless earbuds regularly made "best of" lists for sound quality, usability, and features like noise cancellation. They were also more budget-friendly compared to premium earbuds from brands like Apple and Bose. Jabra can no longer compete in the cutthroat earbud market. Jabra was one of the first companies to start making wireless earbuds. But as CEO of GN Store Nord Peter Karlstromer said, "the markets... have changed over time." Simply put, competing in a saturated market has become too costly. However, Jabra isn't going away for good. Instead it will focus on OTC hearing aids, gaming, and office communication products lines; markets where Jabra has stronger positions. But it's the end of the line for Jabra's consumer-focused audio tech. Apple Pay Later Apple Pay Later didn't last long in this world. The BNPL (Buy Now Pay Later) tool launched in October 2023, but was shut down less than a year later. Apple confirmed to 9to5Mac saying "we will no longer offer Apple Pay Later in the U.S." Instead of Apple Pay Later, the tech giant will offer installment loans through third parties. Apple Pay Later was only available in the U.S., which suggests it never gained much traction. But it's likely that the company found it more practical to offer installment loans through third-party services rather than managing microloans directly — exactly the approach Apple has recently adopted. Instead of the self-funded Pay Later model, Apple now offers the ability to apply for "installment loans" through participating banks and lenders like Affirm and Klarna. So Apply Pay Later is dead, but its replacement is more or less the same for users.Algert Global LLC lessened its stake in shares of Vicor Co. ( NASDAQ:VICR – Free Report ) by 44.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,339 shares of the electronics maker’s stock after selling 13,290 shares during the quarter. Algert Global LLC’s holdings in Vicor were worth $688,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of VICR. Eastern Bank acquired a new stake in Vicor during the third quarter worth approximately $42,000. GAMMA Investing LLC increased its stake in shares of Vicor by 202.4% during the third quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker’s stock worth $42,000 after purchasing an additional 670 shares during the period. Headlands Technologies LLC lifted its holdings in Vicor by 98.8% during the 2nd quarter. Headlands Technologies LLC now owns 1,147 shares of the electronics maker’s stock worth $38,000 after purchasing an additional 570 shares during the last quarter. Point72 DIFC Ltd boosted its stake in Vicor by 66.7% in the 2nd quarter. Point72 DIFC Ltd now owns 2,191 shares of the electronics maker’s stock valued at $73,000 after purchasing an additional 877 shares during the period. Finally, CWM LLC grew its holdings in Vicor by 226.6% in the 3rd quarter. CWM LLC now owns 2,283 shares of the electronics maker’s stock valued at $96,000 after buying an additional 1,584 shares in the last quarter. Institutional investors own 47.45% of the company’s stock. Insider Buying and Selling at Vicor In other news, VP Alex Gusinov sold 856 shares of Vicor stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $59.01, for a total value of $50,512.56. Following the transaction, the vice president now owns 16,018 shares in the company, valued at approximately $945,222.18. This trade represents a 5.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Company insiders own 31.00% of the company’s stock. Vicor Stock Performance Vicor ( NASDAQ:VICR – Get Free Report ) last released its earnings results on Tuesday, October 22nd. The electronics maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.13 by $0.13. Vicor had a net margin of 6.08% and a return on equity of 4.00%. The firm had revenue of $93.17 million for the quarter, compared to analyst estimates of $85.23 million. During the same period last year, the firm earned $0.37 EPS. The business’s quarterly revenue was down 13.6% compared to the same quarter last year. Wall Street Analysts Forecast Growth VICR has been the subject of a number of recent research reports. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research report on Wednesday, October 23rd. Craig Hallum increased their target price on shares of Vicor from $35.00 to $43.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Read Our Latest Analysis on VICR About Vicor ( Free Report ) Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories. Read More Receive News & Ratings for Vicor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vicor and related companies with MarketBeat.com's FREE daily email newsletter .
Anger of pro-Pahlavi media over Lebanon-Israel truceecently crowned award winner, , was absent from Sunday's match against at the Santiago Bernabeu due to . In this way, and with the approval of his coach, , the Brazilian winger has chosen to disconnect from his usual football-centered life to cross the pond to the American continent and . In fact, on his first day in the US city, Vinicius was seen, as confirmed by the through their social networks, at the Hard Rock Stadium to . Even so, the Real Madrid player was attentive to what his teammates were doing in the clash against the Seville team. Ancelotti wants his players rested It was no coincidence that Vinicius was given permission by his coach to have a few extra days of vacation, as with such a long season ahead, . And, the Italian coach has already been heard on more than one occasion to talk about the rest of his players during press conferences. Back in August, he suggested special holidays for mid-season. "The players need to rest, they need holidays, . A player can not play for a week and go and rest with his family, especially with the internationals, who have very little rest. Those do not have a day off. ," he said. So this mini break for the Brazilian star is surely very much in line with this.
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Another year is coming to a close. As we say goodbye to 2024, let us take a moment to remember the tech that won't be continuing on with us into 2025. As it goes with the passing of time, tech products that were once shiny and new have been rendered obsolete. Others lived short lives at the expense of companies pivoting to different, more lucrative goals. On that note, the generative AI boom shows no signs of slowing down.This year's AI offerings highlighted the challenges of finding killer use cases that deliver genuine, transformative technology that, at best, provide minor productivity gains and, at worst, create frustrating inaccuracies. Some AI tech gadgets like the Humane AI pin and the Rabbit R1 simply fell flat , unable to provide the bare minimum of reliable features, let alone something revolutionary. However, you won't see them on this list because they're technically still alive, albeit on life support. Instead we've rounded up the most noteworthy tech deaths that have officially departed this world. Join us as we look back and reflect on their impact, whether it was significant, trivial, or downright baffling (looking at you, Meta). Google Jamboard and Google Podcasts It wouldn't be a tech death roundup without some entries from Google. The tech giant is notorious for ambitiously launching new products, only to ruthlessly cut them down a few years later. This year, Google Jamboard and Google Podcasts were on the chopping block. Google Jamboard was a whiteboard device and accompanying app for Google Workspace users to collaborate on projects in an interactive, scrapbook-esque way. Back in 2016, Mashable said it "makes collaborative work feel like playtime." But in September 2023, Google announced it would be winding down Jamboard by the end of 2024. Instead, Google said it would integrate Google Workspace with third-party partners FigJam by Figma , Lucidspark by Lucid Software , and the visual workspace Miro for its collaborative whiteboard tools. Say goodbye to Google Jamboard. It's not proper to speak ill of the dead, but discontinuing Google Podcasts kind of makes sense. Google announced it would be sunsetting the standalone podcast-hosting app this year and migrate its listeners over to YouTube Music. It's a logical choice given consumers' listening habits. "According to Edison, about 23 percent of weekly podcast users in the US say YouTube is their most frequently used service, versus just 4 percent for Google Podcasts," said the Google announcement. Plus, forcing users to listen to podcasts on YouTube Music means more eyeballs for ad revenue and subscriptions to the premium version, which costs $11 a month. And that's not even all the stuff Google killed this year. In 2024, we also said goodbye to Chromecast, VPN by Google One, DropCam, and Keen. If you want to pay your respects, we recommend visiting the Google Graveyard . Meta AI celebrity avatars Another year, another installment of Meta missing the mark with technology that no one asked for . This time it was a confusing collection of AI personas that used the likenesses of celebrities, that weren't even AI versions of those celebrities. Instead we got Kendall Jenner as an AI bestie, Tom Brady as a fitness guru, and bafflingly, Snoop Dogg as a Dungeon Master for Dungeons and Dragons. Meta's confusing AI personas were not long for this world. Despite reportedly paying millions of dollars per celebrity to license their likenesses, the investment did not pay off. After launching at Meta Connect in September 2023, Meta scrapped the AI personas in August 2024. The company didn't provide any reasoning for its decision to discontinue the feature, but the AI personas never gained much traction based on their follower count. So you're no longer able to chat with a bot that has Kendall Jenner as its profile picture and a vaguely similar influencer girly vibe. But don't worry, we still have Meta AI's celebrity voices, so at least these AI voices are clones of who they claim to be? As ever, we remain confused with Meta's strategic vision. Meta Quest 2 and Quest Pro Old versions replaced by new and improved ones are part of the tech gadget lifecycle. But saying goodbye to the Meta Quest 2 and Meta Quest Pro VR headsets was a tough loss. In its place, Meta introduced us to the Quest 3S, which combines Quest 2 and Quest Pro specs like full-color passthrough and XR capabilities, thereby making the older devices more or less obsolete. In a stirring eulogy, Mashable Tech Reporter Alex Perry wrote: The Meta Quest 2 was one of the best early VR headsets. Alas, such is the cycle of life. But the Quest 2 and Quest Pro will be remembered for bringing VR headsets to the masses, which is more than can be said for the Apple Vision Pro . Kindle Oasis As far as e-readers go, the Kindle Oasis had a good long life. Amazon launched the Kindle Oasis in 2016 with a thicker edge on one side that housed physical buttons to turn the pages. The design gave users a convenient way to hold the e-reader without obscuring or accidentally tapping the screen, and the buttons provided a pleasing tactility. But by this year, it was the only device in the Kindle lineup that had physical buttons, which seems to signal imminent death for tech gadgets. "Once current inventory of Kindle Oasis sells out online and in stores, we will not restock the device," Amazon confirmed to The Verge this October. "Today, all of our devices are touch-forward, which is what our customers are comfortable with." Kindle Oasis fans will miss the buttons. Kindle Oasis users took to Reddit to express their grief. "Bought my Oasis when it was released solely for the page turn buttons and can't imagine living without them," said one Redditor. "I'm just not buying another Kindle without page turn buttons. It's a deal breaker for me," said another . But for Amazon. it's RIP buttons. Long live touch screens. Jabra Elite earbuds This was the year Jabra succumbed to the highly competitive earbud market. This past June, Jabra's parent company GN announced that it would be "winding down its Elite and Talk product lines." Jabra's lineup of Elite wireless earbuds regularly made "best of" lists for sound quality, usability, and features like noise cancellation. They were also more budget-friendly compared to premium earbuds from brands like Apple and Bose. Jabra can no longer compete in the cutthroat earbud market. Jabra was one of the first companies to start making wireless earbuds. But as CEO of GN Store Nord Peter Karlstromer said, "the markets... have changed over time." Simply put, competing in a saturated market has become too costly. However, Jabra isn't going away for good. Instead it will focus on OTC hearing aids, gaming, and office communication products lines; markets where Jabra has stronger positions. But it's the end of the line for Jabra's consumer-focused audio tech. Apple Pay Later Apple Pay Later didn't last long in this world. The BNPL (Buy Now Pay Later) tool launched in October 2023, but was shut down less than a year later. Apple confirmed to 9to5Mac saying "we will no longer offer Apple Pay Later in the U.S." Instead of Apple Pay Later, the tech giant will offer installment loans through third parties. Apple Pay Later was only available in the U.S., which suggests it never gained much traction. But it's likely that the company found it more practical to offer installment loans through third-party services rather than managing microloans directly — exactly the approach Apple has recently adopted. Instead of the self-funded Pay Later model, Apple now offers the ability to apply for "installment loans" through participating banks and lenders like Affirm and Klarna. So Apply Pay Later is dead, but its replacement is more or less the same for users.Gaetz has withdrawn, But Democrats will keep pushing for release of ethics reportPresident-elect Donald Trump said on Saturday that he wants real estate developer Charles Kushner, father of Mr Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Mr Trump made the announcement in a Truth Social post, calling Charles Kushner “a tremendous business leader, philanthropist, & dealmaker”. Mr Kushner is the founder of Kushner Companies, a real estate firm. Jared Kushner is a former senior Trump adviser who is married to Trump’s eldest daughter, Ivanka. The elder Mr Kushner was pardoned by Trump in December 2020 after pleading guilty years earlier to tax evasion and making illegal campaign donations. Prosecutors alleged that after Charles Kushner discovered his brother-in-law was co-operating with federal authorities in an investigation, he hatched a scheme for revenge and intimidation. Mr Kushner hired a prostitute to lure his brother-in-law, then arranged to have the encounter in a New Jersey motel room recorded with a hidden camera and the recording sent to his own sister, the man’s wife, prosecutors said. Mr Kushner eventually pleaded guilty to 18 counts including tax evasion and witness tampering. He was sentenced in 2005 to two years in prison – the most he could receive under a plea deal, but less than what Chris Christie, the US attorney for New Jersey at the time and later governor and Republican presidential candidate, had sought. Mr Christie has blamed Jared Kushner for his firing from Mr Trump’s transition team in 2016, and has called Charles Kushner’s offences “one of the most loathsome, disgusting crimes that I prosecuted when I was US attorney”. Mr Trump and the elder Mr Kushner knew each other from real estate circles and their children were married in 2009. We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate. Last Updated: Are you sure you want to delete this comment?None
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