India's longest bull market has more room to run - Morgan StanleyMorgan Wallen pleads guilty to misdemeanors in chair-throwing incident
Bears defensive coordinator Eric Washington is always looking ahead and accentuating the positive in opening remarks at his weekly press conference at Halas Hall. (“This week the San Francisco 49ers’ offense, at first glance you see all the signatures of a Kyle Shanahan-led offense.”) But after the Bears’ defense allowed 452 yards and 38 points and showed little to no resistance against the 49ers at Levi’s Stadium in his first game as the defensive play-caller, even Washington did what NFL coaches are loathe to do on a Thursday, and address last week before he looked to this week. It was that bad. “I’m going to start with this: Last week’s performance on the defensive side of the ball, myself — clearly we failed to meet the mark in terms of anything that could be considered an acceptable performance. And that starts with me,” Washington said. “We’ve identified, looked at, scrutinized, gone through every aspect of our process, our preparation, tactically, strategically, some of the core values and beliefs that we have, and I expect us to respond ... and put forth the type of performance that will [give] us a chance to win a football game, and to actually win it.” We’ll see about that. While the defense’s performance against the 49ers was a new low, it was hardly new. Since the Hail Mary debacle against the Commanders on Oct. 27, the defense has been determined to regain its first-half excellence, and keeps falling deeper and deeper into the muck. The Bears in fact, were living up to their goal of being a top-five defense in the NFL through the first half of the season. They were fourth in points allowed (17.0 per game) and fifth in yards allowed (292.0 per game) following the Commanders game. But since the bye, they’re 24th in points allowed (25.3 per game) and 31st in yards (404.9). The 49ers game looked like an opportunity to stop the regression, with the Bears feeling relief after Matt Eberflus was fired and the 49ers playing without All-Pro running back Christian McCaffrey and All-Pro left tackle Trent Williams. Instead, the 49ers needed just five plays to drive 70 yards for a touchdown on their opening drive, and the rout was on. And four days later, a Rams defense that ranks 24th in points and 27th in yards held those same 49ers to 12 points and 191 yards in a 12-6 victory at Levi’s Stadium on Thursday night. “I’m not going to put forth any theories or anything that sounds like an excuse. We fell short. And that can’t be,” Washington said. “The players have a lot of pride. They invest a lot, as do I and the rest of our coaching staff, so we’ve got to move forward and come out ready to play and give ourselves a better chance.” A week after the firing of Eberflus was hoped to invigorate the fading Bears, they instead were worse. Niners receivers were consistently open for big plays. Quarterback Brock Purdy completed 10 of 11 passes for 191 yards and one touchdown (a 149.1 passer rating) to “open” receivers,” per NFL.com ‘s Next Gen Stats. What’s the deal with that? “We have to be better,” Washington said. “Everything starts with rush and coverage. It all starts with our ability to affect the quarterback. Any time the quarterback is able to stand back there, the receivers are going to break open whether you’re in a zone or man concept. We have to do a better job with that.” While the offense has struggled with rookie quarterback Caleb Williams, the demise of the defense since the Hail Mary has been mystifying. “Disappointed,” Washington said. “But very determined. I’m going to chalk that up as an anomaly as far as the character of our guys and the way we perform. We’re going to bounce back and perform the way we’re capable of.”ATLANTA (AP) — Georgia Senate Republicans recommended on Friday that the state write laws banning transgender girls and women from participating in high school and college sports, setting the stage for action in the 2025 legislative session. The vote by a committee that was studying the issue is hardly a surprise. Lt. Gov. Burt Jones — a possible Republican contender for governor in 2026 — announced almost identical goals at the panel's first meeting in August . It’s an issue that’s already been addressed in Georgia. Legislators in 2022 empowered the Georgia High School Association to regulate transgender students' participation in sports. The association, which regulates sports and activities for all public schools and some private schools, then banned transgender boys and girls from playing on the school sports teams matching their gender identity. Jones and others argue that doesn't go far enough and that lawmakers themselves need to act. It's a sign Republicans believe there is more political gain in fears about transgender women playing women’s sports or using women’s bathrooms. At least 26 mostly Republican states have passed laws or rules to restrict transgender girls from participating high school sports and, in some cases, transgender women from college sports , according to the Movement Advancement Project, a gay rights group. In Georgia, additional action appears more likely now after House Speaker Jon Burns and Gov. Brian Kemp, both Republicans, have voiced support for further legislation. Jeff Graham, executive director of the LGBTQ+ advocacy group Georgia Equality, said his group is playing defense, concerned about the possibility of other bills that could further restrict gender-affirming care or ban transgender people from using public bathrooms that match their gender identity. “We’re expecting that it’ll be at least what we saw in 2023 and 2024, with the number of bills and more than likely laws,” Graham told reporters Friday. But Burns, from Newington, has said he's not interested in other bills dealing with transgender people besides those dealing with girls' and women's sports. Republican State Sen. Greg Dolezal, of Cumming, who led the Senate study committee, said Friday that he, too, is not interested in a broader bill regulating bathroom usage, although his committee recommended that schools that host sporting events require athletes to use locker rooms based on their assigned sex at birth. Dolezal said senators would seek to write legislation that regulated public schools and colleges, as well as private institutions that compete against public schools and colleges. The committee also recommends that people be able to sue or file grievances if schools break the rules, and that state money be withheld from schools that break the rules. Supporters of more action have focused on the 2022 NCAA women’s swimming championships at Georgia Tech in Atlanta, where Lia Thomas, a transgender woman, swam for the University of Pennsylvania and won the 500-meter freestyle . The NCAA has since revised its policy on transgender women’s participation, saying it will follow the rules of respective athletics federations. World Aquatics, the swimming governing body, banned transgender women who have been through male puberty from competing in women’s races. That means Thomas wouldn’t be allowed to swim in NCAA events today. “My basic contention that this is a solution in search of a problem remains,” Graham said. He said he fears that many people who oppose laws that seek to restrict transgender people will be afraid to testify and lobby at the Georgia Capitol, citing assault charges against a man accused of shaking U.S. Rep. Nancy Mace in a Capitol office building in Washington, D.C. Dolezal repeatedly tried to turn down the emotional temperature of the issue on Friday. “I think that there’s a group of people that wants to be respected and I think that they deserve respect,” Dolezal told reporters. “But I also think that you can be respectful, but also recognize that in the sporting arena, fairness and competition is important.”J.B. Hunt Transport Services Inc. stock underperforms Tuesday when compared to competitorsLANSING, MI – Legislation that would significantly increase weekly unemployment benefits in the state is headed to the governor’s desk. Michigan lawmakers on Tuesday gave final approval to the bill that would increase the maximum unemployment benefits a person could collect from the current $362 a week to $614 a week by 2027, an increase of nearly 70%. The legislation would also restore the maximum number of weeks a person could collect unemployment from the current 20 weeks to 26 weeks, a period that aligns with most states in the U.S. The bill now awaits Gov. Gretchen Whitmer’s signature. It passed the House and Senate largely along party lines, with all Democrats in favor and a few Republicans supporting it as well. Related: Payments to Michigan’s unemployed would increase by 70% under Democrats' plan Michigan’s unemployment benefits haven’t increased since 2003. The increase would not only account for inflation but also bring the benefits in line those offered in neighboring states, said state Rep. Jim Haadsma, D-Battle Creek. “Unemployment benefits are not a permanent solution, but they are a lifeline for people who find themselves out of a job through no fault of their own to get back on their feet,” Haadsma siad. “From the gas pump to the grocery store, families across Michigan are coping with higher costs, but families without a stable income are struggling the most. “It’s not right that hard working folks who lose their jobs through no fault of their own are left to struggle.” The benefit cap increases would be phased in over a three-year period, increasing by $84 every year until 2028, when it would increase again based on inflation. The bill would also increase the maximum dependent cap from the current $6 to $26 over that period Unemployment benefits come from the state’s Unemployment Trust Fund, which employers pay into. Business leaders have previously expressed concern about the financial burden the increases will put not only on employers but also the fund. State Rep. William Bruck, R-Erie, said Tuesday the bill will result in a “major cost increase” for employers around the state. He said unemployment isn’t meant to be a living wage, and that increasing it removes some incentive for a person to find a new job. “I’m not against individuals making more or getting more money, but when it comes to the unemployment, unemployment is not meant to be a living wage,” Bruck said. “It’s not meant to be an amount that someone can function on and not have to worry about getting another job. It’s there for a purpose. It’s there for a bridge, a short bridge, to get them from job A to job B, and we should not be putting more costs on employers in order for those individuals to get from job A to job B.” Michigan previously let workers collect up to 26 weeks of benefits, but that was cut to the current 20 weeks in 2011 under former Gov. Rick Snyder.
Thousands of Afghans on Thursday attended the funeral of the refugees minister, AFP journalists saw, after he was killed in a suicide bombing in Kabul the day before in an attack claimed by the Islamic State group. The Minister for Refugees and Repatriation, Khalil Ur-Rahman Haqqani, was killed on Wednesday afternoon in a suicide bombing at the ministry's offices in the Afghan capital. Thousands of men, many of them armed, gathered for Haqqani's funeral in his home village of Sarana, in a mountainous area of Paktia province, south of Kabul. The funeral included heavy security, with armoured vehicles, snipers and personnel manning the area and the road from Kabul, which was jammed with hundreds of cars as mourners travelled from surrounding provinces. Senior Taliban officials, including the Chief of Army Staff Qari Fasihuddin Fitrat, and Maulawi Abdul Kabir, political deputy of the prime minister's office, attended the funeral, according to an AFP team on site. The deceased's nephew, the powerful interior minister, Sirajuddin Haqqani, also attended, along with foreign minister Amir Khan Muttaqi. In a speech there, Muttaqi said the latest IS attacks had been planned "abroad", denouncing, without naming them, "countries harbouring" the organisation. "We call on all nations to work together to stop the common enemy, which does not recognise any kind of morality." In September, the Taliban authorities said IS had training camps in Balochistan province of Pakistan, which also regularly faces jihadist attacks. Haqqani, the highest ranked member of the Taliban government to be killed in an attack since their return to power, "was a big loss for us, the system and the nation", said Paktia resident Hedayatullah, 22. "May God protect our other leaders and keep them victorious." "Our leader... who had his life brutally taken away, achieved martyrdom," said Bostan, 53, haranguing the "cowardly attack" that killed Haqqani. The United Nations mission in Afghanistan condemned the attack on Thursday, offering condolences to the victims' families. "There can be no place for terrorism in the quest for stability," the UN Assistance Mission in Afghanistan (UNAMA) said on X. The European Union and the Organization of Islamic Cooperation also condemned the attack, along with Qatar, Saudi Arabia, Pakistan and Iran. Haqqani -- who is on US and UN sanctions lists and never appeared without an automatic weapon in his hand -- was the brother of Jalaluddin Haqqani, founder of the feared Haqqani network responsible for some of the most violent attacks during the Taliban's two-decade insurgency. The Islamic State group claimed responsibility for the attack, saying a bomber detonated an explosive vest inside the ministry, according to a statement on its Amaq news agency, as translated by the SITE Intelligence Group. Taliban authorities had already blamed IS for the "cowardly attack" -- the first targeting a minister since the Taliban returned to power in 2021. Violence has waned in Afghanistan since the Taliban forces took over the country that year, ending their war against US-led NATO coalition forces. However, the regional chapter of IS, known as Islamic State Khorasan, is active in Afghanistan and has regularly targeted civilians, foreigners and Taliban officials with gun and bomb attacks. bur-qb-sw/nro
S.Korea political upheaval shows global democracy's fragility - and resilienceBaba Vanga predictions were earlier considered a voodoo thing by a majority of the world for a few decades until it was reported that the Bulgarian mystic healer and astrologer had predicted the 9/11 terror attacks on US soil much in advance. This was just not the only shocking prediction, but the inferences of her sayings have been reportedly coming true for years, even after her death. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Baba Vanga predictions for 2025: Are any sinister happenings awaiting the human race? Also known as the Nostradamus of the Balkans due to her eerie predictions about world-changing altercations and incidents, Baba Vanga's predictions can be analyzed for the new year 2025 as well. It includes the outline of dramatic evolution of humanity, and it has also been prophesied that the human race could come in touch with the alien race this year. Biggest Baba Vanga prediction for Europe It has been claimed in reports that Baba Vanga has predicted that Europe could undergo a major population change, and become sparsely populated, possibly due to various geopolitical factors. Whether the Ukraine-Russia conflict could be partly responsible for that, is again a subject of opinion. Environmental factors could also be responsible for Europe becoming sparsely populated in 2025, as per a ToI report. Baba Vanga's most interesting prediction in the world of medical sciences The biggest prediction from the Nostradamus of the Balkans comes for the year 2046, according to the timeline, which reportedly states that synthetic organs could start being mass-produced, which would be a new revolution for the world of medical science, increasing survival rates of humans carrying fatal organ diseases. 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Baba Vanga passed away more than two decades ago, but her prophecies still live on after her death. Did Baba Vanga predict the 9/11 attacks on US soil? Baba Vanga reportedly predicted the terror attacks of 9/11 well in advance, and had even apparently, explained the details of the incident that was going to happen. (You can now subscribe to our Economic Times WhatsApp channel )
DALLAS (AP) — The championship vision that led Nathan Eovaldi to sign with Texas as a free agent two years ago is the same one that brought him back to the Rangers. A World Series title in his first season was followed by a losing record this year. “I believe in the guys in the group that we have. We were able to do it in ‘23. I don’t feel a lot has changed,” Eovaldi said Friday, a day after finalizing a $75 million, three-year contract . “We had a down year last year, but I've said it before, you learn a lot from losing seasons.” Eovaldi had declined a $20 million player option to become a free agent again and reaching an agreement during the winter meetings in Dallas. Texas also acquired slugging corner infielder Jake Burger in a swap with Miami. Burger had fallen asleep before getting a call late Tuesday night that he had been traded to Texas, where his family was already planning to move after the October birth of a daughter with Down syndrome. “The other city that is really good other than Nashville in terms of children's hospital and resources for her Downs is in Dallas," Burger said. “Not just from the baseball spectrum, from the life aspect as well ... I feel like it was meant to be, and we couldn’t be more more excited about that.” In the Nashville area, Burger lives close to Rangers manager Bruce Bochy, whom he plans to visit with soon. His former Marlins manager, Skip Schumaker , was hired last month by the Rangers as as a senior adviser for baseball operations, and Luis Urueta, Miami’s bench coach the past two seasons, recently joined Bochy’s on-field coaching staff for 2025. Burger and Rangers pitcher Dane Dunning were once roommates in the Chicago White Sox organization. Burger hit .250 with 29 home runs and 76 RBIs in 137 games for the Marlins last season, when he started 59 games at third base and 50 starts at first. He was with the White Sox in Texas when he got traded to Miami on Aug. 1, 2023, and four days later hit his first homer with the Marlins at Globe Life Field. When the Rangers made the title run in 2023, Eovaldi was 5-0 with a 2.95 ERA in six postseason starts. He was the winning pitcher in their World Series-clinching Game 5 at Arizona. He was also part of Boston’s 2018 title. Eovaldi was 12-8 this year with a 3.80 ERA in 29 starts, the last seven scoreless innings in the regular-season finale. He is 24-13 with a 3.72 ERA in 54 starts for Texas the past two seasons. The new deal for the Texas native, who who turns 35 in February, includes a $12 million signing bonus, half payable on Nov. 15, 2026, and the rest on Jan. 15, 2028, and salaries of $18 million next season, $25 million in 2026 and $20 million in 2027. He gets a full no-trade provision. After being welcomed back by Chris Young, the Rangers president of baseball operations, the pitcher said he never felt like he really left. The Rangers stayed in contact throughout the process after he declined his option Nov. 4. “Kind of listening to the market and everything, I’m extremely happy to be back. I’m glad we were we were able to make it all work out,” Eovaldi said. “We had a lot of teams reach out right away and we were in contact with most them across the league. Ultimately we were able to make it back here.” AP MLB: https://apnews.com/hub/mlb
Neal Maupay: Whenever I’m having a bad day I check Everton score and smileMARTIN, Tenn. (AP) — Losing a Cabinet nominee to the confirmation process isn't unheard of for incoming presidents — including for Donald Trump when he was elected the first time. Read this article for free: Already have an account? To continue reading, please subscribe: * MARTIN, Tenn. (AP) — Losing a Cabinet nominee to the confirmation process isn't unheard of for incoming presidents — including for Donald Trump when he was elected the first time. Read unlimited articles for free today: Already have an account? MARTIN, Tenn. (AP) — Losing a Cabinet nominee to the confirmation process isn’t unheard of for incoming presidents — including for Donald Trump when he was elected the first time. Chad Chronister’s announcement Tuesday that he was pulling out of consideration to lead the Drug Enforcement Administration makes the Hillsborough County, Florida, sheriff the second of Trump’s picks to withdraw after being announced as leaders of the incoming administration. The withdrawal follows Matt Gaetz’s decision to pull his name last month from consideration for attorney general — amid continued fallout over a federal sex trafficking investigation. Together, the moves are the first indications of resistance that the president-elect could face from his own party, including picks facing allegations of sexual misconduct or other questions. Here’s a look at some recent difficulties with presidential Cabinet picks and some of the criticism for Trump’s current slate: Republicans voicing their doubts Chronister — whose name was announced on Saturday as Trump’s DEA pick — was met with swift condemnation from some conservative figures over his enforcement of lockdown measures during the COVID-19 pandemic. In March 2020, Chronister arrested the pastor of a megachurch who held services with hundreds of people and violated a safer-at-home order in place aimed at limiting the spread of the virus. U.S. Rep. Thomas Massie, R-Ky, was among those airing public complaints, saying Chronister should be “disqualified” for the arrest. After Gaetz was chosen last month, Sen. Lindsey Graham, a Judiciary Committee member who is among Trump’s top Senate allies, predicted he would “have to answer some tough questions” in a confirmation hearing. Sen. Lisa Murkowski of Alaska, a Trump critic, said of Gaetz, “I do not see him as a serious candidate.” Other Trump picks face questions, too. Pete Hegseth, Trump’s pick for defense secretary, was accused by a woman of sexually assaulting her in 2017. Hegseth has denied her allegations. Tulsi Gabbard, the former Democratic congresswoman chosen to be director of national intelligence, has expressed sympathy for Russia and repeated false Russian theories about Ukrainian bioweapons. Gabbard, a military veteran who became one of Trump’s top 2024 surrogates, has attracted criticism for meeting with Syrian leader Bashar al-Assad and has voiced skepticism that Assad was behind chemical attacks on his own people. Nikki Haley, who was the last major GOP opponent against Trump for this year’s presidential nomination, argued against confirming Gabbard, saying the post was “not a place for a Russian, Iranian, Syrian, Chinese sympathizer.” Haley also said Robert F. Kennedy Jr. — Trump’s pick to lead the Department of Health and Human Services — should face “hard questions” from senators due to his opposition to vaccines and other views decried by public health officials. “He’s a liberal Democrat, environmental attorney trial lawyer who will now be overseeing 25% of our federal budget and has no background in healthcare,” Haley said. “So some of you may think RFK is cool, some of you may like that he questions what’s in our food and what’s in our vaccines, but we don’t know, when he is given reins to an agency, what decisions he’s going to make behind the scenes.” Republicans will have 53 votes in the Senate in January and can break 50-50 ties with Vice President-elect JD Vance. That means four Republicans would have to break ranks to defeat any nominee if all Democrats oppose a Trump pick. This has happened before — including to Trump Every recent president has had some doomed Cabinet nominations — including Trump himself. In early 2017, Trump’s choice for labor secretary was the first Trump nominee to withdraw his name from consideration. Fast food CEO Andrew Puzder’s exit came after Republicans expressed concern over his failure to pay taxes promptly on a former housekeeper who wasn’t authorized to work in the U.S., and Democrats had complaints about Puzder’s business record and remarks about women and workers at his company, which owns Hardee’s and Carl’s Jr. Puzder’s name has been floated recently again as a possible pick in Trump’s second administration. Trump also ousted his first national security adviser, Michael Flynn, after just weeks on the job because Flynn wasn’t truthful about his contacts with Russian officials during the transition. The first year of Trump’s first term, Health and Human Services Secretary Tom Price resigned after his costly travel triggered investigations that overshadowed the administration’s agenda and angered his boss, serving less than eight months. According to the Brookings Institution, which tracks presidential administration turnover, Trump’s first term resulted in the turnover of a total of 14 people, nearly twice the amount — 8 people — of President George H.W. Bush’s term in office, a distant second place. Other presidents’ picks Barack Obama, Bill Clinton and both Bush and his son George W. Bush all had to come up with new names after nominees for their Cabinets ran into trouble. Obama took three tries to find a secretary of commerce. New Mexico Gov. Bill Richardson withdrew his name after the word surfaced that a grand jury was investigating allegations of wrongdoing in the awarding of contracts in his state. Republican Sen. Judd Gregg of New Hampshire backed out citing “irresolvable differences” with the policies of the Democratic president. In 2001, Linda Chavez — George W. Bush’s pick for labor secretary — swiftly withdrew after it emerged that she had housed an immigrant living in the country illegally. Bill Clinton went through several attempts at selecting an attorney general, nominating Janet Reno after both of his first two choices withdrew over word that they had hired people who had been in the U.S. illegally for household work and babysitting. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The Senate rejected George H.W. Bush’s defense secretary pick, former Texas Sen. John Tower, in 1989 after several waves of reports over allegations of alcohol abuse and womanizing. ___ Associated Press writer Nancy Benac in Washington contributed to this report. ___ Meg Kinnard can be reached at http://x.com/MegKinnardAP Advertisement Advertisement
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FACT FOCUS: Vermont ruling does not say schools can vaccinate children without parental consentHow Adani’s indictment rocked his empire and what comes next Gautam Adani, one of the world’s richest people, was in good spirits Wednesday evening. Earlier in the day, the Indian billionaire’s green energy business had raised $600 million through a bond sale, reports Bloomberg. Before heading to bed in the city of Ahmedabad, he relaxed by playing a card game with his wife, according to a person close to him. But around 3am, a colleague delivered some shocking news: The US had charged Adani and several associates with fraud in a sprawling criminal investigation. Within minutes, senior executives from the Adani Group assembled on conference calls and in the conglomerate’s headquarters in western India. Federal prosecutors in New York had accused Adani and his colleagues of lying to US investors about their anti-bribery practices while promising more than $250 million of bribes to Indian officials. To cover their tracks, collaborators used code names for Adani, referring to him as “the big man” and “numero uno”, the indictment said. As the rest of India woke up on Thursday, Adani was apparently still unsure whether releasing a statement would even be a good idea. When stock markets opened in Mumbai, Adani Group companies’ shares plunged. The conglomerate scrapped the planned $600 million bond sale. By midday, the group had denied all accusations of misconduct by its executives and threatened legal action. What happens next for Adani, 62, and his empire is unclear. Political controversy is likely in the months ahead, with a tussle over possible extradition. US President-elect Donald Trump will soon be in a position to cut a deal with India to make the matter go away, if he chooses. Key figures in Trump’s orbit see India, and the Adani Group more specifically, as important partners to push against Chinese hegemony. Unrelated to Wednesday’s charges, Trump’s family members have visited Adani’s home in Ahmedabad, according to people with knowledge of the matter who asked not to be named discussing sensitive information. In any case, prosecution would take months, if not years, meaning that it will fall to Trump’s Justice Department to determine how to proceed. But for now, the implications could reverberate beyond the group and its founder, potentially affecting the global banks that lend to it, threatening its overseas expansion and tarnishing by association the reputation of other Indian companies. “I suspect this will have a larger impact on Adani’s global growth ambitions,” said Rick Rossow, chair on India and Emerging Asia Economics at the Center for Strategic and International Studies. In addition, “a case like this could fan lingering concerns in India that the United States and other western nations seek to slow India’s rise.” Over the years, global investors and banks parked billions of dollars in the Adani Group, helping transform the commodity trading business into one of India’s most diversified conglomerates. Today, the group’s business interests span ports, weapons and renewable energy. With projects stretching from Vietnam to Israel, the Adani Group’s overseas endeavours have become the closest proxy India has to China’s belt-and-road initiative. Even after Thursday’s stock slump, Gautam Adani’s personal fortune was at $72 billion, according to the Bloomberg Billionaires Index. On his swift ascent to the upper ranks of the world’s rich list, Adani stressed a policy of “zero tolerance” for bribery. But the group’s image was called into question when US-based short seller Hindenburg Research published a damning report in January 2023, causing a plunge in its companies’ shares. The Adani Group denied any wrongdoing. Then the stocks recovered, until Wednesday’s five-count indictment from the Eastern District of New York sent them tumbling again. Between 2020 and 2024, Adani and several of his employees allegedly hid their fraud as they collected tens of millions of dollars from US-based investors, according to the indictment. Prosecutors claim that top executives attached to Adani Green Energy Ltd. created PowerPoints detailing how to cover up the alleged bribes, which were promised to government officials in the state of Andhra Pradesh to secure solar energy contracts. Adani, whose personal fortune at one point made him Asia’s richest man, pulled the strings, US law enforcement said.