China halts export of key minerals to US amid rising trade tensions China's overall October shipments of antimony products plunge by 97% from September China Tuesday imposed a ban on the export of critical minerals — gallium, germanium, and antimony — to the United States, intensifying trade tensions between the two countries, Reuters reported. This move follows Washington’s latest action targeting China’s semiconductor sector. The new restrictions specifically impact the US market, building on previous export controls that China had gradually introduced since last year. The Chinese Commerce Ministry's directive cites national security concerns related to dual-use items, which have both military and civilian applications. The order, which took immediate effect, also mandates a stricter review process for graphite exports to the US. "In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," the ministry stated. Gallium and germanium are crucial in semiconductor manufacturing, while germanium also plays a key role in infrared technology, fibre-optic cables, and solar cells. Antimony, used in weaponry like bullets and military applications such as infrared missiles and night-vision goggles, has also been restricted. Graphite, the primary material used in electric vehicle batteries, is now subject to more stringent oversight for US shipments. This move raises fears that China may extend similar restrictions to other minerals, such as nickel and cobalt, which have broader industrial uses. Todd Malan of Talon Metals, which is developing a nickel mine in Minnesota, warned that China has long signalled its willingness to take such steps and questioned when the US would adapt to these challenges. The US government is reviewing the new restrictions and is expected to take "necessary steps" in response. White House officials emphasised the importance of diversifying critical supply chains to reduce dependency on China. Chinese exports of germanium and gallium to the US had already slowed this year, with no shipments recorded through October, while exports of antimony products plummeted by 97% in October. China accounts for a significant portion of the global production of these minerals, making the latest ban a major escalation in the ongoing trade conflict. Experts predict that prices for these critical materials, such as antimony, will rise sharply. The move also highlights the growing tension between the two powers, with some US companies calling for greater domestic mineral production to reduce reliance on China. Martial law will be lifted, announces South Korea President Yoon India eyes business ties with China after border row resolved Martial law declared in S Korea, troops try to barge into parliament MBS, UAE president mull regional developments in wake of Syria situation
Charles Schwab Investment Management Inc. lifted its stake in Piper Sandler Companies ( NYSE:PIPR – Free Report ) by 1.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 205,226 shares of the financial services provider’s stock after acquiring an additional 2,689 shares during the period. Charles Schwab Investment Management Inc. owned 1.16% of Piper Sandler Companies worth $58,245,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mesirow Institutional Investment Management Inc. acquired a new stake in shares of Piper Sandler Companies in the second quarter worth $10,139,000. Millennium Management LLC boosted its holdings in Piper Sandler Companies by 66.0% during the second quarter. Millennium Management LLC now owns 77,804 shares of the financial services provider’s stock valued at $17,908,000 after acquiring an additional 30,942 shares during the period. Nicholas Investment Partners LP acquired a new stake in shares of Piper Sandler Companies in the second quarter valued at about $5,950,000. Sei Investments Co. lifted its position in shares of Piper Sandler Companies by 101.2% during the 2nd quarter. Sei Investments Co. now owns 44,675 shares of the financial services provider’s stock worth $10,282,000 after purchasing an additional 22,471 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Piper Sandler Companies by 1,576.2% during the 2nd quarter. SG Americas Securities LLC now owns 20,081 shares of the financial services provider’s stock worth $4,622,000 after purchasing an additional 18,883 shares during the last quarter. 72.79% of the stock is currently owned by institutional investors and hedge funds. Piper Sandler Companies Stock Up 0.4 % Shares of PIPR opened at $342.99 on Friday. The stock’s 50-day moving average price is $324.46 and its 200 day moving average price is $295.22. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 36.64 and a beta of 1.39. Piper Sandler Companies has a 12-month low of $152.59 and a 12-month high of $351.80. Piper Sandler Companies Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.76%. Piper Sandler Companies’s dividend payout ratio (DPR) is currently 27.78%. Wall Street Analysts Forecast Growth Several brokerages have commented on PIPR. StockNews.com downgraded Piper Sandler Companies from a “buy” rating to a “hold” rating in a research report on Monday, October 28th. JMP Securities reiterated a “market perform” rating on shares of Piper Sandler Companies in a research note on Tuesday, September 17th. Check Out Our Latest Report on Piper Sandler Companies Piper Sandler Companies Company Profile ( Free Report ) Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. Further Reading Want to see what other hedge funds are holding PIPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Piper Sandler Companies ( NYSE:PIPR – Free Report ). Receive News & Ratings for Piper Sandler Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Piper Sandler Companies and related companies with MarketBeat.com's FREE daily email newsletter .Audit to generate revenue
Bhutan stands at a critical crossroads in its pursuit of Gross National Happiness (GNH), confronting a fundamental challenge that strikes at the heart of its constitutional principles: ensuring truly inclusive financial access for all citizens. The current financial system inadvertently marginalizes a substantial portion of the population, presenting a stark contradiction to the nation’s most deeply held constitutional values and fundamentally undermining the economic rights of its people. The Constitution of Bhutan, through Article 9, places an unequivocal obligation on the State to promote conditions that enable the pursuit of GNH. This mandate encompasses minimizing income inequalities, ensuring equitable distribution of public facilities, and creating circumstances that allow citizens to secure adequate livelihoods. However, the lived reality for many Bhutanese citizens stands in sharp contrast to these noble constitutional ideals. The recent Economic Stimulus Plan (ESP), launched in the wake of the COVID-19 pandemic with promises of over Nu 5 billion in collateral-free, low-interest loans, epitomizes the systemic disconnect. As discussed in the National Assembly yesterday, despite its ostensibly progressive design, many citizens find themselves unable to access these crucial financial resources, trapped by bureaucratic complexity and opaque eligibility criteria that effectively render the support inaccessible. Perhaps the most egregious manifestation of this systemic failure is the treatment of collateral-free loans as collateral required loans by financial institutions (FIUs). This is aggregated by the FIUs consistently refuse to accept rural land and assets as collateral, effectively rendering these properties economically valueless for loan purposes. This practice perpetuates a cycle of rural poverty and accelerates urban migration, dramatically widening the economic divide within Bhutanese society. Drawing inspiration from successful models in Scandinavian countries and Singapore which are often referred to as models for us to look at, where governments actively intervene to ensure citizens’ economic well-being. For example, a Universal Basic Income program particularly for senior citizens and economically disadvantaged families would provide a critical safety net, ensuring no citizen falls below a basic living standard. The government should explore dedicating Bhutan Development Bank (BDBL) as a public bank with a focus on supporting economically marginalized individuals and small businesses while developing fair valuation methods for rural properties as legitimate collateral. Otherwise, the gap between rich and poor in the country will only increase considering the increasing income gap between rich and poor in the country. A comprehensive microfinance network, coupled with robust national credit schemes, would extend financial services to every community. Digital financial technologies can “overcome geographical barriers, providing accessible and transparent financial tools”. Implementing clear loan turnaround time and extensive financial literacy programmed will further empower citizens. These strategic interventions may help to transform our financial landscape, democratizing economic opportunities and ensuring that access to financial resources becomes a fundamental right rather than a privilege for the few. The goal is to create an inclusive economic ecosystem that supports every Bhutanese citizen’s potential for growth and prosperity rather than only those who can pay loans. We can’t achieve the constitutional mandates of GNH while a significant portion of the population remains trapped in financial purgatory. The economically disadvantaged are effectively treated as second-class economic entities, systematically denied the basic financial tools necessary for lifting themselves out of poverty. The above solutions may create a more equitable financial landscape that genuinely empowers all citizens to participate fully in the nation’s economic growth and prosperity and claim our constitutional commitment to create true GNH.Financing a just transition will be the main topic at the British-Irish Council (BIC) meeting in Edinburgh on Friday. Irish Taoiseach Simon Harris will be present at the summit, as will Tanaiste Micheal Martin. As well as Scotland’s First Minister, Welsh First Minister Eluned Morgan and Northern Ireland’s First Minister Michelle O’Neill will also take part along with other ministers from the devolved administrations. The chief ministers of the Isle of Man, Jersey and Guernsey also attend the BIC. Alongside the Prime Minister, Chancellor of the Duchy of Lancaster Pat McFadden will represent the UK Government. Formed in the wake of the Good Friday Agreement, this will be the 42nd meeting of the intergovernmental forum. Discussions are expected to cover the opportunity clean power presents for the economy and how to share best practice across the British Isles. Mr Swinney said: “Scotland will welcome political leaders to our capital city as we gather for the 42nd summit of the British-Irish Council – a meeting which also marks 25 years since the first council was held following the Good Friday Agreement. “As we reflect on 25 years, it is testament to the value of the British-Irish Council that the partnership conceived a quarter of a century ago has prevailed in the midst of unprecedented change and challenge. “The meeting in Edinburgh provides a forum for us to discuss the greatest challenge facing the next 25 years – that of climate change and delivering a just transition. “The need to share our knowledge, our efforts and our actions is no less urgent today than it was when the first British-Irish Council meeting was held in 1999.”
Artificial intelligence is fueling an unprecedented hike in holiday travel scams. As this technology progresses, so do the ways scammers can take your money, as their methods span the entire travel industry. According to Booking.com, AI-related scams spiked in 2023, stealing over $265,000 from travel scam victims. Nearly 1 in 4 travelers found themselves scammed out of at least $1,000. AI helps scammers create realistic-looking phishing emails, generate compelling fake websites, and even produce chatbots that impersonate customer service professionals. The better AI gets, the harder it is to decipher scams from reality. Experts at AI prompt-generator AIPRM compiled a list of the top AI-driven threats to holiday travelers in 2024. When it comes to travel scams, AI renders the need to be a tech expert nearly obsolete. Scammers easily build fake websites and travel booking platforms offering low prices for flights and accommodations. Limited-time sales and other messages of urgency draw in would-be travelers. Once potential travelers enter their details, scammers can access users’ personal information and money. Avoid falling for these types of scams by looking for the finer details. Look closely at URLs, notice even the smallest spelling errors, and always verify the website or platform you use is legitimate before entering any details. According to Forbes, rental scams play a big part in AI-related theft. Scammers place AI-generated ads for rental properties, adding stunning photos of rentals that don’t exist. These scammers do their best to get would-be travelers off their fake app and convince them to hand over financial details directly. Humanlike AI chatbots can seamlessly swindle unknowing travelers. Chatbots easily impersonate customer service representatives and offer hard-to-turn-down discounts. They will ask for personal information and try to get travelers to pay up-front for trips that do not exist. Thankfully, avoiding fake chatbots and travel deals is not as complicated as other scams. The first line of defense is to verify any deals you come across through trusted platforms and websites. Do not click or follow any suspicious links offered through these systems. Instead, pull up trusted sources and verify trip details, phone numbers, addresses, images, and other information before entering personal data. According to AIPRM, 1 in 5 people will click on an AI-generated phishing email. These persuasive ads and emails will convince consumers to click a link inside the email. 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Media Contact Company Name: Avatark Global Inc Contact Person: Keira Chan Email: Send Email [ http://www.universalpressrelease.com/?pr=make-christmas-a-cozy-holiday-yoolax-smart-blinds-offer-exclusive-discounts-for-family-gatherings ] State: SANTA CLARA Country: United States Website: https://www.yoolax.com/ This release was published on openPR.
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New Orleans (4-8) at New York Giants (2-10) Sunday, 1 p.m. EST, Fox BetMGM NFL Odds: Saints by 5. Against the spread: Saints 5-7; Giants 3-9. Series record: Giants lead 17-15. Last meeting: Saints beat Giants 24-6 on Dec. 17, 2023, in New Orleans. Last week: Saints lost to Rams 21-14; Giants lost to Cowboys 27-20. Saints: overall (12), rush (10), pass (19), scoring (14) Saints defense: overall (30), rush (26), pass (29), scoring (19) Giants offense: overall (T26), rush (15), pass (31), scoring (32) Giants defense: overall (19), rush (29), pass (6), scoring (18) Turnover differential: Saints plus-2; Giants minus-8. Saints player to watch Derek Carr. The quarterback completed 23 of 28 for 218 yards, three touchdowns, and no interceptions in the previous meeting and had a 134.8 quarterback rating. Giants player to watch Drew Lock. The veteran quarterback is going to make his second straight start with Tommy DeVito (forearm) hurt. He threw for 178 yards and ran for a career-high 57 yards in the loss to the Dallas. He scored on an 8-yard run and had a 28-yard scramble to set up another. He also made mistakes, throwing a pick-6 and losing a fumble on a scramble. RELATED COVERAGE Rookie Bucky Irving relishes opportunity to help Buccaneers any way he can against skidding Raiders The Titans have issues to fix and hope to keep slim playoff hopes alive when they host the Jags Seahawks try for 7th straight win in series vs. Cards in crucial NFC West matchup Key matchup Saints offense vs Giants defense. The Giants defense is banged up. DT Dexter Lawrence (elbow) was put on injured reserve Monday and fellow starter Rakeem Nunez-Roches (neck) missed practice earlier in the week. Leading tackler and ILB Bobby Okereke is dealing with a back issue. The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . Key injuries Saints: Tight end Taysom Hill’s knee injury last week will sideline him the rest of the season. Running back Kendre Miller (hamstring) is eligible to come off injured reserve and could return to the lineup Sunday. Guards Cesar Ruiz (concussion) and Nick Saldiveri (knee) have been held out of practice this week. Center Erik McCoy (groin) , who sat out last week’s game, returned to practice early this week on a limited basis. Guard Lucas Patrick (calf) has practiced on a limited basis after sitting out the past three games. Tyrann Mathieu (forearm) has returned to full practice this week after sitting out much of the second half of last week’s loss to the Los Angeles Rams. Giants: Lawrence and rookie TE Theo Johnson (foot) were placed on injured reserve and probably are out for the season. ... DeVito (forearm) and LT Jermaine Eluemunor (quad) missed the Dallas game but they are making progress this week. DeVito will back up Lock. ... Eluemunor and RT Evan Neal (hip) may be game-time decisions. ... CB Deonte Banks (ribs), Okereke (back) and Nunez-Roches (neck) are unlikely to play. WR Malik Nabers was added to the report Thursday with a nagging groin issue. Series notes The Saints have won two of the past three meetings. The Giants are winless in all six games at MetLife Stadium this season. Stats and stuff The Saints are 2-1 under interim coach Darren Rizzi, who was born in New Jersey and grew up a Giants fan. ... Carr ranks sixth among qualified passers with a 103.3 rating in 2024. ... WR Marquez Valdes-Scantling has had TD catches in his past three games. ... TE Juwan Johnson had five catches against the Rams. ... DT Bryan Bresee has a career-high 6 1/2 sacks and is looking for his third straight game with a sack. He had two sacks against New York last season. ... DL Chase Young has two sacks and three tackles for loss against the Giants in December. ... LB Demario Davis had 10 tackles and a sack in the previous meeting. ... CB Alontae Taylor is the only player with at least 10 passes defended and five tackles for loss in each of the past two seasons. ... Mathieu needs five tackles for his eighth straight season of at least 50 tackles. ... Giants: RB Tyrone Tracy ranks second among rookies with 619 yards rushing. He has run for four touchdowns. ... WR Malik Nabers has 75 catches for 740 yards. His reception total is the most by a rookie in his first 10 games. .... Wan’Dale Robinson has career-high 63 catches. ... OLB Brian Burns has a career-high eight passes defended and 10 tackles for loss. ... Okereke needs seven tackles for his fourth straight season of 100 or more tackles. ... S Tyler Nubin leads all rookies and ranks fourth among DBs with 93 tackles. ... The Giants have set an NFL record going 11 straight games without an interception. They have one interception this season. The NFL record for fewest in a season is two by the 2018 San Francisco 49ers. The fewest in a season by the Giants was six in 2022. Fantasy tip Look for running back Alvin Kamara to have a big game. He has 894 yards rushing on 206 carries and he has caught 59 passes for 450 yards. He has seven touchdowns, six rushing. The 29-year-old has had eight games of at least 100 yards from scrimmage this season and he is third in the league with 1,344 yards from scrimmage. ___ AP NFL: https://apnews.com/hub/nfl
Exclusive -- Naval War College Arctic Founding Director: Greenland a ‘Linchpin’ for U.S. Security, Future of Free WorldFormer presidential candidate Nikki Haley was among the many users on social media condemning the Biden administration's decision to give $1 billion to Africa, arguing the United States is continuing to recover from hurricane season. President Joe Biden announced the aid on Tuesday during a visit to Angola, stating that doing so was “the right thing for the wealthiest nation in the world to do.” The financial aid , given in the wake of “historic droughts” in the African country, comes about two months after North Carolina was among several states that were hit by hurricanes in late September. “This is infuriating,” Haley wrote on X. “After pardoning his son and fleeing to Africa, Biden gives a BILLION of our tax dollars to rebuild homes in Africa when we still have people homeless from the hurricane! Completely tone deaf and insulting.” This is infuriating. After pardoning his son and fleeing to Africa, Biden gives a BILLION of our tax dollars to rebuild homes in Africa when we still have people homeless from the hurricane!Completely tone deaf and insulting. https://t.co/NrcZK2OJ71 — Nikki Haley (@NikkiHaley) Many other users on social media similarly condemned the aid, with Rep. Nancy Mace (R-SC) writing, “I beg your biggest pardon?”, in reposting the footage of Biden’s announcement. I beg your biggest pardon? https://t.co/Q4jFnbXkJH — Rep. Nancy Mace (@RepNancyMace) "With this administration, it's always America last," women's sports activist and Outkick host Riley Gaines wrote. With this administration, it's always America last https://t.co/PlKzVjwiaV — Riley Gaines (@Riley_Gaines_) "Remember those hurricanes that ravages Florida and North Carolina?" actor Kevin Sorbo wrote. "Those people got $750." Remember those hurricanes that ravaged Florida and North Carolina? Those people got $750. https://t.co/M8oBojxC3l — Kevin Sorbo (@ksorbs) "I really want this to be a typo," actress Justine Bateman wrote. I really want this to be a typo. #NorthCarolina https://t.co/qFly3KYpgB — Justine Bateman (@JustineBateman) "Joe Biden announces $1 BILLION in handouts to victims of AFRICAN natural disasters," musician Chad Prather wrote. "Meanwhile, hurricane victims in North Carolina are still struggling to survive. Can this America LAST clown show leave already?!?" Joe Biden announces $1 BILLION in handouts to victims of AFRICAN natural disasters Meanwhile, hurricane victims in North Carolina are still struggling to survive. Can this America LAST clown show leave already?!? pic.twitter.com/FaVVzw061k — Chad Prather (@WatchChad) CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The $1 billion to Africa comes right after the United States announced it would provide Ukraine with an additional $725 million in military weapons on Monday . Rep. Marjorie Taylor Greene (R-GA) deemed the move as “America LAST,” writing that the money ought to go toward North Carolina residents “who are homeless and sleeping in tents.” "America LAST again!!" Greene wrote. "This money should be spent helping the people in Western North Carolina who are homeless and sleeping in tents!" America LAST again!! This money should be spent helping the people in Western North Carolina who are homeless and sleeping in tents! https://t.co/VBek4hZuak — Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG) On Sunday, Gov.-elect Josh Stein (D-NC) stated that he was "eager" to work with incoming President-elect Donald Trump on hurricane relief , citing the “unimaginable devastation” Hurricane Helene left earlier this year. Over 100 North Carolina residents were killed by the hurricane as of Nov. 26.
NoneNEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.Naked man arrested on California school football field accused of killing teenager