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CORNELIUS, N.C. and NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. ("Alpha Modus" or the "Company”), a technology company with a core focus on artificial intelligence in retail, is pleased to announce that the business combination between Insight Acquisition Corp. and Alpha Modus Corp. has closed, and Alpha Modus's common stock and warrants will begin trading on the Nasdaq Global Market under the ticker symbols "AMOD” and "AMODW”, respectively, on Monday, December 16, 2024. In connection with the closing of the business combination, the combined company consummated and issued a secured convertible promissory note to an investor, in exchange for net proceeds of approximately $2.6 million, which will be used primarily to cover transaction costs and for working capital. The structure of the financing does not include commitment or warrant shares and is structured with the potential for an additional $5 million capital infusion for working capital purposes in the future. Advisors Maxim Group LLC served as capital markets advisor to Alpha Modus. Brunson Chandler & Jones, PLLC acted as legal counsel to Alpha Modus. Loeb & Loeb LLP served as legal counsel to Insight Acquisition Corp. About Alpha Modus Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. For additional information, please visit alphamodus.com. About Insight Acquisition Corp. Prior to the closing, Insight Acquisition Corp. (NASDAQ: INAQ) was a special purpose acquisition company formed solely to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Insight Acquisition Corp. was sponsored by Insight Acquisition Sponsor LLC. For additional information, please visit insightacqcorp.com. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Insight's and Alpha Modus' actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Insight's and Alpha Modus' expectations with respect to future performance and anticipated financial impacts of the Business Combination. Insight and Alpha Modus caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Insight and Alpha Modus do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based. Contacts: Alpha Modus Shannon Devine MZ Group +1(203) 741-8841 [email protected]NEW YORK (AP) — Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening other Microsoft 365 applications such as Powerpoint. Microsoft acknowledged “an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar” earlier in the day. In updates posted on X, the social media platform formerly known as Twitter, the company’s status page said it identified a “recent change” that it believed to be behind the problem — and was working to revert it. Microsoft shared that it was deploying a fix — which, as of shortly before noon E.T., it said had reached about 98% of “affected environments.” Still, the company’s status page later added , targeted restarts were “progressing slower than anticipated for the majority of affected users.” As of midday Monday, Downdetector showed thousands of outage reports from users of Microsoft 365 , particularly Outlook .
JOHN McGinn is at the centre of a Celtic Champions League ticket scramble. In just over two months' time the Hoops will head to Birmingham for their final league phase fixture. Advertisement 4 Aston Villa captain John McGinn will face his boyhood team Credit: Getty 4 He had a preview of the Hoops' next UCL opponents, Club Brugge, earlier this month Credit: Getty 4 The Hoops host the Belgians on Wednesday Credit: PA And predictably McGinn has been inundated with ticket requests from his Celtic-daft family and friends . But the Aston Villa midfielder - grandson of former Celtic chairman Jack - has admitted he DOESN'T TRUST those asking for access, and has conditions over bagging briefs. One in particular has reduced his workload with the Villa Park admin staff - so far. He said: "It's going to be strange. Advertisement Read More celtic stories 'PATHETIC' Chris Sutton lets rip at Rangers and claims Gers fans 'couldn't be bothered' HOOP DREAMS John McGinn reveals the big Celtic-themed gift he wants for his 30th birthday "Obviously a lot of my family and friends are wanting tickets but they're not to be trusted! "I mean they'll send us a message, can you get us tickets? And I say, aye but you can't cheer a Celtic goal, and then I don't get a reply. "I'm afraid I'm the home end, but though it'll be strange I'm obviously looking forward to it and hopefully we can get the win . "Everyone keeps saying to me they hope both teams are qualified, which is a possibility. But I think when you've got an essential battle at Britain , as they call it, it's always going to be feisty. Advertisement Most read in Football VINDA-BLUES Gers greats from 9IAR era spotted at private meal with Helicopter Sunday heroes 'NO PATIENCE' Propper brands Rangers' opponents long ball merchants and calls out own fans FAN ANGER Furious Hibs fans spray-paint giant message at Easter Road as they demand action UNITED FRONT Rangers finally announce new chief executive SIX MONTHS after Bisgrove quit "It seemed to take them some time to adapt when Ange Postecoglou left. 'Referee had no choice but to award a penalty after Tyrone Mings' schoolboy error - he's absolutely spot on' "They seem to have found that kind of same form they had when he was there, they're lightning quick on the break and they're just streets ahead of everyone in the league at the minute. "Even when teams have their moments, if they don't capitalise on those moments, then they just punish you. "So we'll have to certainly be at our best to beat them." Advertisement By the time January 29 comes around the result may be academic in terms of qualification. Especially if Brendan Rodgers ' side pick up more points against Club Brugge on Wednesday. McGinn knows all about the Belgians having faced them earlier this month in a game best remembered for Tyrone Mings ' incredible handball. But McGinn picked out the dangermen the Hoops should watch - and reckons they'll have more success than he did. "It was a tough game actually and they had a player who used to play for Norwich [Christos] Tzolis who caused us a lot of problems. Advertisement "They also had a guy who had these shorts tucked up right to his chest. He actually looked like a junior striker , but he was one of the best players in the park. He was really good. "I can't remember his name, I just remember thinking, a junior striker. "But no, they were really organised, we couldn't really break them down. They let us have a lot of the ball and then they broke fast. Advertisement "They had a really good young right centre-back, I think he was from Ecuador . He was excellent, probably one of the best players in the park. "But I think at home, Celtic will be too strong for them. I watched the game against Leipzig and if they play anywhere near as good as that on the night then I'm sure they won't have any issues. "I think that goes for the Young Boys game as well." Had things been different McGinn could have been lining up AGAINST Villa in the Hoops - but the tale of his transfer to England instead of the east end of Glasgow irritates him. Advertisement So much so he openly admits "avoiding the question" of whether or not he will ever play for the club he supported. Instead he opened up on another transfer that never was - a tough moment in his career. Asked by Scottish Football Social Club host Darrell Currie , McGinn replied: "Honestly, the stories about that whole saga have grown arms and legs even over the past few years, honestly it winds me up. 4 Advertisement "What I was happy to hear was [former Dundee Utd chairman] Stephen Thompson did an interview last week that he admitted that he never signed me and signed Rodney Snyder instead. "That was a tough moment in my career then. "I told all my pals I was signing for Dundee United and I remember speaking to my agent and he said, yeah, it's close to being done. "I phoned him the next day and he said, there's no answer on the phone. Advertisement Read more on the Scottish Sun 'DISAPPOINTED' Harry Potter steam train blasted by passengers who 'dreaded' return journey COLD BEERS SPFL side spotted going for a PINT after their bus got stuck in the snow "So they completely just went cold and the next day Rodney Snyder was announced and that's when I knew I wasn't signing for Dundee United. "To answer that, you never know - I didn't really answer the question there." Keep up to date with ALL t h e latest news and transfers at the Scottish Sun football pageConor McGregor civil case: 'Hitman' series cuts ties with UFC fighter following sexual assault verdict
WHEELING, W.Va. , Nov. 25, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Jan Pattishall-Krupinski to the role of Senior Executive Vice President and Chief Administrative Officer, effective immediately. This strategic move underscores the organization's commitment to advancing its leadership structure to support sustainable long-term growth and align with evolving business and stakeholder needs. In her new role, Pattishall-Krupinski, a WesBanco veteran, reports directly to WesBanco President and Chief Executive Officer Jeff Jackson and oversees bank and loan operations, customer service, corporate strategy and project management. Her expanded structure and scope reflect WesBanco's focus on operational excellence and strategic alignment, which is designed to drive greater agility and accelerate the execution of organizational goals. "Jan's promotion to Chief Administrative Officer recognizes her exceptional leadership and strategic contributions over her past 13 years of service to our organization," said Jackson. "Her expertise has been instrumental in guiding transformative initiatives, including leadership roles in multiple acquisitions, our core banking system transformation and advancements in technology and operations. This new role elevates the importance of integrating business operations and strategy at the executive level, ensuring we continue to be positioned for success in a dynamic marketplace." Pattishall-Krupinski joined WesBanco in 2011, most recently serving as Executive Vice President and Director of Operations. "I am honored to step into the role of Chief Administrative Officer as WesBanco continues its growth and transformation. This opportunity is a testament to the collaboration and excellence of our teams, who have been instrumental in shaping our success. I look forward to building on this foundation to drive operational excellence, embrace innovation and enhance the customer experience in every interaction," said Pattishall-Krupinski. Pattishall-Krupinski has a Bachelor of Science in Marketing from Penn State University and graduated from the Advanced Management Program at Harvard Business School . She serves on the boards of Crittenton Services, Leadership West Virginia and The Junior League of Wheeling . She is based at WesBanco's corporate headquarters in Wheeling, West Virginia . 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. View original content to download multimedia: https://www.prnewswire.com/news-releases/wesbanco-inc-names-jan-pattishall-krupinski-as-chief-administrative-officer-302315495.html SOURCE WesBanco, Inc.Stock market today: Wall Street slips as technology stocks drag on the market
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NEW YORK (AP) — Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. The financial services company Lazard, where Parsons was a longtime board member, confirmed his death. The NBA, where Parsons was interim CEO of the Los Angeles Clippers in 2014, was among organizations offering condolences. “Dick Parsons was a brilliant and transformational leader and a giant of the media industry who led with integrity and never shied away from a challenge,” NBA Commissioner Adam Silver said. Parsons’ friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder's company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Parsons, a Brooklyn native who started college at 16, was named chairman of Citigroup in 2009, one month after leaving Time Warner Inc., where he helped restore the company’s stature following its much-maligned acquisition by internet provider America Online Inc. He steered Citigroup back to profit after financial turmoil from the subprime mortgage crisis, which upended the economy in 2007 and 2008. Parsons was named to the board of CBS in September 2018 but resigned a month later because of illness. Parsons said in a statement at the time that he was already dealing with multiple myeloma when he joined the board, but “unanticipated complications have created additional new challenges.” He said his doctors advised him to cut back on his commitments to ensure recovery. “Dick’s storied career embodied the finest traditions of American business leadership,” Lazard said in a statement. The company, where Parsons was a board member from 2012 until this month, praised his “unmistakable intelligence and his irresistible warmth.” “Dick was more than an iconic leader in Lazard’s history — he was a testament to how wisdom, warmth, and unwavering judgment could shape not just companies, but people’s lives,” the company said. “His legacy lives on in the countless leaders he counseled, the institutions he renewed, and the doors he opened for others.” Parsons was known as a skilled negotiator, a diplomat and a crisis manager. Although he was with Time Warner through its difficulties with AOL, he earned respect for the company and rebuilt its relations with Wall Street. He streamlined Time Warner’s structure, pared debt and sold Warner Music Group and a book publishing division. He also fended off a challenge from activist investor Carl Icahn in 2006 to break up the company and helped Time Warner reach settlements with investors and regulators over questionable accounting practices at AOL. Parsons joined Time Warner as president in 1995 after serving as chairman and chief executive of Dime Bancorp Inc., one of the largest U.S. thrift institutions. In 2001, after AOL used its fortunes as the leading provider of Internet access in the U.S. to buy Time Warner for $106 billion in stock, Parsons became co-chief operating officer with AOL executive Robert Pittman. In that role, he was in charge of the company’s content businesses, including movie studios and recorded music. He became CEO in 2002 with the retirement of Gerald Levin, one of the key architects of that merger. Parsons was named Time Warner chairman the following year, replacing AOL founder Steve Case, who had also championed the combination. The newly formed company’s Internet division quickly became a drag on Time Warner. The promised synergies between traditional and new media never materialized. AOL began seeing a reduction in subscribers in 2002 as Americans replaced dial-up connections with broadband from cable TV and phone companies. Parsons stepped down as CEO in 2007 and as chairman in 2008. A year later AOL split from Time Warner and began trading as a separate company, following years of struggles to reinvent itself as a business focused on advertising and content. Time Warner is now owned by AT&T Inc. A board member of Citigroup and its predecessor, Citibank, since 1996, Parsons was named chairman in 2009 at a time of turmoil for the financial institution. Citigroup had suffered five straight quarters of losses and received $45 billion in government aid. Its board had been criticized for allowing the bank to invest so heavily in the risky housing market. Citigroup returned to profit under Parsons, starting in 2010, and would not have a quarterly loss again until the fourth quarter of 2017. Parsons retired from that job in 2012. In 2014 he stepped in as interim CEO of the Clippers until Microsoft CEO Steve Ballmer took over later that year. Parsons, a Republican, previously worked as a lawyer for Nelson Rockefeller, a former Republican governor of New York, and in Gerald Ford’s White House. Those early stints gave him grounding in politics and negotiations. He also was an economic adviser on President Barack Obama’s transition team. Parsons, who loved jazz and co-owned a Harlem jazz club, also served as Chairman of the Apollo Theater and the Jazz Foundation of America. And he held positions on the boards of the Smithsonian National Museum of African American History and Culture, the American Museum of Natural History and the Museum of Modern Art in New York City. Parsons played basketball at the University of Hawaii at Manoa and received his law degree from Albany Law School in 1971. He is survived by his wife, Laura, and their family. ___ This obituary was primarily written by the late Associated Press reporter Anick Jesdanun, who died in 2020 .AP Trending SummaryBrief at 3:08 p.m. EST
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ACT leader David Seymour is riding high on the coalition's one year anniversary, saying his party wields a disproportionate influence at the decision-making table. But Prime Minister Christopher Luxon told Morning Report he "wouldn't describe it that way". Seymour told RNZ he was feeling "fantastic" after Hīkoi mō Te Tiriti last week, dismissing the show of opposition to his brainchild bill as either ignorance or theatrics. And on his public criticism of the prime minister, Seymour is doubling down calling it "a fair observation". One year into the coalition If Seymour could only use one word to sum up the last year it would be "exciting". "I think we've shown that ACT can perform in government," he told RNZ in an interview ahead of the coalition marking its first year in power. "I suspect in some people's minds, and maybe even deep down in our own minds, there was a question about that because ACT has never had people in Cabinet before. "We haven't been in government, really, for over a decade, and all of a sudden here we are at the centre of government." It took two election cycles for Seymour to grow ACT from a one-man-band to a team of 11, three of which are Cabinet Ministers. Having campaigned on delivering 'real change', he now takes credit for pushing the government to go further than it otherwise would. "I think we've made a disproportionate contribution to policies of the government. "If you look at these quarterly plans, often half the ideas come from the party that has only one sixth of the MPs in the government." It's something Prime Minister Christopher Luxon disagreed with when it was put to him last week, saying ACT had "a fair influence". Seymour even credited lower inflation rates to the impact his party has had on Cabinet decisions. "ACT is always there; putting the pressure on, saying we've got to make a surplus, we've got to reduce spending, we've got to get on top of inflation. "And I think that pressure has paid off for New Zealanders because now you see inflation at 2.2 percent." Speaking on Morning Report , Christopher Luxon said all parties had made a contribution to the government and he was proud of the National government as well as the minor parties. "I think we've all worked very well together and we've been very united on the programme and the agenda that we're working through, and we've got a lot more to do." Luxon said it was "still a very tough time for Kiwis" but the government was focused on the economy and bringing down inflation. The Treaty Principles Bill Seymour continues to claim "massive support" for the government's Treaty Principles Bill , citing a Curia poll done in October. "You've got to remember that at the end of the day, we're all politicians and we are politicians in a democracy, a representative democracy, where overwhelmingly people are in favour of these principles by almost two to one in the polling that's been done." National and New Zealand First have ruled out supporting the legislation past first reading, though Seymour was still holding out hope that might change. "I think there's a very strong chance that you'll see people urging their representatives and their representatives may well listen to them." No matter what happens next year, Seymour has been clear he would have at the very least laid the groundwork for change. "Now those ideas are in the public domain, they're legitimate, they're normalized and it's going to be very, very difficult for opponents to say, oh, no, the treaty is something that gives unequal rights based on ancestry, and no, you don't get a say." Seymour has openly criticised his coalition partners over the last year, most recently saying National was too afraid to tackle hard issues by ruling out supporting the Treaty Principles Bill beyond first reading. It's criticism he stands by, saying it was "a fair observation". "The National Party has been a tremendously successful political machine. They've won a lot of votes and been in power for a long time but they, by and large, have been good at managing the status quo rather than reforming it. "And I don't think anyone that looks at the history of the two parties would dispute that. I don't think we need to get to a place where people aren't allowed to state basic truths." Luxon has said these comments are "quite fine" and simply a part of the "maturity of MMP". "There's been no dramas and screaming, shouting, ranting or raving," he says. "We don't run that way. It's a pretty calm... and consistent show," Luxon said. Seymour said it had not affected his relationships with his coalition partners who all had a common focus on improving economic conditions. "With both leaders I have good, cordial, professional relationships. It's allowed us to work through a lot of issues and have a coalition that is robust in the sense that if we don't agree on one issue, we can still work on others. "Probably one of the biggest surprises, especially for our opponents, is just how stable and robust the coalition is." The year ahead Seymour will take over as deputy prime minister in May next year and does not anticipate any difficulties. "I think for a whole lot of people who were frankly beaten down and really felt that ACT was their representative after Jacinda's government of kindness really beat down on landlords, farmers, small business, licensed firearm owners who felt that they haven't been heard by the government. "They voted for ACT and to see their guy become deputy prime minister is significant. I'm quite excited about it for what it means for New Zealand. It shows that there's a place for everyone in this country." His priorities for the year ahead included fixing the economy, working hard across his portfolios, making the revamped school lunch system work, getting kids back to school, the Ministry of Regulation's sector reviews and passing the Regulatory Standards Bill. And while it's not yet December he's already turning his mind to ideas ACT might push next year, hinting privatising the healthcare system would be one of them. Seymour said a conversation about the future of the health system was needed as it was not working as is. "Fundamentally, for the number of patients and their demands and the amount of money that's going in we've got very good health professionals stuck in the middle and the system is failing them and the patients." "I think that it is going to need to change and I think we'll have more to say about that in 2025." Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.Shaboozey ’s “A Bar Song (Tipsy)” rebounds a spot to No. 5 on Billboard ’s Country Airplay chart (dated Nov. 30). In the Nov. 15-21 tracking week, the hit drew 22.9 million in audience, according to Luminate. See latest videos, charts and news See latest videos, charts and news Of the 30 weeks that the track by the Virginian has been on Country Airplay, 18 have been inside the top five, including seven weeks at the pinnacle beginning in early August. It ties Post Malone’s fellow 2024 crossover hit “I Had Some Help” (featuring Morgan Wallen) for the sixth-longest stay in the top five since the chart launched in 1990. Cole Swindell’s “She Had Me at Heads Carolina” holds the record (24 weeks, 2022-23). Hubbard Broadcasting Seattle operations manager and KPNW pd Scott Mahalick says that “A Bar Song (Tipsy)” has become entrenched at the format “because Shaboozey is so passionate about country music. At the end of the day, it’s an upbeat summer record that is fun and non-political. The listeners have spoken – they love it.” After the 58th Annual Country Music Association Awards were held on Wednesday (Nov. 20) in Nashville, here’s a look at some of the night’s biggest winners and how their latest singles are faring on Country Airplay. Morgan Wallen , entertainer of the year: “Lies Lies Lies,” which led the Nov. 23 list, ranks at No. 4 (24 million impressions, down 21%), followed by “Love Somebody” (No. 12; 16.2 million, up 23%). Lainey Wilson , female vocalist of the year: “4x4xU” (No. 20; 10 million, up 7%). Chris Stapleton , male vocalist of the year, single of the year, song of the year (both “White Horse”): “Think I’m in Love With You” (No. 21; 10 million, up 2%). Cody Johnson , album of the year ( Leather ): “I’m Gonna Love You” (with Carrie Underwood ) (No. 27; 6.4 million, up 15%). Megan Moroney , new artist of the year: “Am I Okay?” (No. 31; 4.7 million, up 4%).
Imerys - Mining ValueDiscover the AUSD (Agora) Listing on XTWESTCHESTER, Ill., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.80 per share on the Company's common stock. The dividend is payable on Jan. 21, 2025, to stockholders of record at the close of business on Jan. 2, 2025. About the Company Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in nearly 120 countries. With 2023 annual net sales of approximately $8 billion, the Company turns grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs ® innovation centers located around the world and more than 12,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature, and technology together to make life better. Visit ingredion.com for more information and the latest Company news.