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2025-01-23
California Gov. Gavin Newsom is asking the state legislature to allocate $25 million so that the California Department of Justice will have the money necessary “to defend California from unconstitutional overreach.” Short of making Kamala Harris attorney general again, this is about the dumbest thing our DOJ could do. Which, according to my Newsom-to-English decoder ring, translates as follows: taxpayer money for nuisance lawsuits against the Trump administration with the sole intention of generating publicity for...Gavin Newsom. Clearly, we’re well into the next phase of his ‘I’m not running for president’ ruse. Next, an exploratory committee to consider the various reasons Newsom doesn’t plan to run for president. Then, an eye job or maybe a super-sized helping of Botox. Great. The state is going broke and Newsom wants to spend millions battling Trump. Meantime, California Attorney General and wannabe governor Rob Bonta says that $25 million may not even be enough for his office. At a Sacramento press conference Bonta called the sum “a down payment” and “a beginning not the end...We believe we will need to use all of it.” Boy, the way this guy Bonta throws other people’s money around – maybe he should be in the House of Representatives. Bonta is like one of those creepy slip-and-fall trial attorneys who specializes in shaking down the guys with the deepest pockets. I’m waiting to see a sleazy billboard alongside the 110 freeway in downtown LA. Maybe some bus stop benches with his menacing mug! This wouldn’t be the first time California Democrats have called a play from this playbook. In President Trump’s first term, then California Attorney General and current Secretary of Health and Human Services, Xavier Becerra, spent about $42 million over four years suing the federal government. Back to the present, right after Newsom and Bonta threatened to sue the Trump administration 15 ways from Sunday, they turned around and asked the federal government for billions of dollars to pay for the 2028 Summer Olympics! Talk about going for the gold! That had to make for some awkward exchanges down at the courthouse. “Okay, if everyone suing President Trump could form a line here, and everybody asking President Trump for a hand-out could form a line here...” Side note: why would you sue somebody on one hand and then ask them for a hand-OUT with the other? If there’s one thing us Hollywood folks can’t stand, it’s being two-faced. Last month, the Los Angeles Metropolitan Transportation Authority board wrote President-elect Trump a letter requesting $3.2 billion to improve public transportation for the 2028 Summer Games, calling the next Olympics to be held in the United States “the largest and most spectacular sporting event held in American history.” Which I think would come as something of a surprise to the producers of the next WWE pay per view. Related Articles Opinion Columnists | California’s housing crisis has gotten worse, not better, over the last 30 years Opinion Columnists | Jon Coupal: The Gann Limit is back in the news Opinion Columnists | End the IRS’s worldwide tax grab Opinion Columnists | Mass deportations are bad for everyone’s liberties Opinion Columnists | The draconian penalties that Hunter Biden escaped affect people whose fathers can’t save them The Los Angeles Times reported that in their letter, the board cited past contributions from the federal government to American Olympic hosts as $1.3 billion for the 2002 Winter Games in Salt Lake City and $609 million for the 1996 Summer Games in Atlanta, as justification for the request. Isn’t it interesting that California has plenty of money for performative lawsuits against the incoming Trump administration before anyone has even been sworn into office and done anything, but not enough money to get ready for the Olympics – which we were awarded back in 2017! What’s great about these stories is that they perfectly illustrate why government in California is in the pathetic state that it’s in: Our dearly elected leaders are primarily interested in political theatrics that generate celebrity and attention for themselves, at the same time that they have no interest in carrying out the basic duties of government that they were elected to perform. All gesture and no substance. That’s the Newsom way. Sorry, Gavin. This time you’re going to have to settle for the bronze. John Phillips can be heard weekdays from noon to 3 p.m. on “The John Phillips Show” on KABC/AM 790.Is the NORAD Santa tracker safe from a government shutdown?68 jili



Fugitive dog gains fame in New Orleans eluding dart guns and netsWHEELING, W.Va. , Dec. 11, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC) and Premier Financial Corp. ("Premier") (Nasdaq: PFC) today announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to acquire Premier. The votes were held at the respective special meetings of WesBanco's shareholders and Premier's shareholders today. Approximately 85% of the votes cast at WesBanco's special meeting voted to approve the merger and to approve the proposal to issue shares of WesBanco common stock as described in the joint proxy statement/prospectus for the special meeting, and approximately 68% of the outstanding shares of Premier common stock voted to approve the proposal to adopt the merger agreement. "Shareholder approval is a key milestone that reflects strong confidence in the opportunities this merger creates for our communities, customers, employees and shareholders," said Jeff Jackson , President and Chief Executive Officer of WesBanco. "With this step complete, we look forward to receiving the required regulatory approvals and then scheduling the closing of the merger, so we can bring our community commitment and the resources of a stronger organization to all of our communities." With the completion of this critical milestone, the companies believe the merger is on track to close during the first quarter of 2025. The transaction remains subject to the completion of customary closing conditions, including the receipt of required regulatory approvals. The merger will create a regional financial services institution with approximately $27 billion in assets, significant economies of scale, and strong pro forma profitability metrics. With complementary and contiguous geographic footprints, the combined company would be the 8th largest bank in Ohio , based on deposit market share, have increased presence in Indiana , and serve customers in nine states. About WesBanco, Inc. With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our eight-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia , WesBanco has $18.5 billion in total assets, with our Trust and Investment Services holding $6.1 billion of assets under management and securities account values (including annuities) of $1.9 billion through our broker/dealer, as of September 30, 2024 . Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram. About Premier Financial Corp. Premier Financial Corp. (Nasdaq: PFC), headquartered in Defiance, Ohio , is the holding company for Premier Bank. Premier Bank, headquartered in Youngstown, Ohio , operates 73 branches and nine loan offices in Ohio , Michigan , Indiana and Pennsylvania and also serves clients through a team of wealth professionals dedicated to each community banking branch. For more information, visit Premier's website at www.PremierFinCorp.com . Matters set forth in this press release contain certain forward-looking statements, including certain plans, expectations, goals, and projections, and including statements about the benefits of the proposed Merger between WesBanco and Premier, that are subject to numerous assumptions, risks, and uncertainties. Forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the effects of changing regional and national economic conditions, changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the Securities and Exchange Commission, the Financial Institution Regulatory Authority, the Municipal Securities Rulemaking Board, the Securities Investors Protection Corporation, and other regulatory bodies; potential legislative and federal and state regulatory actions and reform, including, without limitation, the impact of the implementation of the Dodd-Frank Act; adverse decisions of federal and state courts; fraud , scams and schemes of third parties; cyber-security breaches; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance, the businesses of the WesBanco and Premier may not be integrated successfully or such integration may take longer to accomplish than expected; the expected cost savings and any revenue synergies from the proposed Merger may not be fully realized within the expected timeframes; disruption from the proposed Merger may make it more difficult to maintain relationships with clients, associates, or suppliers; the required governmental approvals of the proposed Merger may not be obtained on the expected terms and schedule; changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; and extended disruption of vital infrastructure; and other factors described in WesBanco's 2023 Annual Report on Form 10-K, Premier's 2023 Annual Report on Form 10-K, and documents subsequently filed by WesBanco and Premier with the SEC. All forward-looking statements included in this press release are based on information available at the time of the release. Neither WesBanco nor Premier assumes any obligation to update any forward-looking statement. View original content to download multimedia: https://www.prnewswire.com/news-releases/wesbanco-inc-and-premier-financial-corp-announce-shareholder-approvals-of-merger-agreement-302329433.html SOURCE WesBanco, Inc.

J Telemarketing Expands Healthcare Services with the Launch of Med Alert Campaign in the US

Cal staves off Sacramento State for third straight winIn the current session, the stock is trading at $74.10, after a 0.78% spike. Over the past month, Banner Inc. BANR stock increased by 2.24% , and in the past year, by 51.96% . With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Evaluating Banner P/E in Comparison to Its Peers The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. Compared to the aggregate P/E ratio of the 25.32 in the Banks industry, Banner Inc. has a lower P/E ratio of 15.38 . Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'

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