* Synopsys falls after forecasting FY25 revenue below estimates * Focus on Friday's payrolls data * Indexes: Dow down 0.4%, S&P 500 off 0.1%, Nasdaq down 0.01% (Updates to afternoon trading) By Caroline Valetkevitch NEW YORK, Dec 5 (Reuters) - U.S. stocks were little changed on Thursday, with technology shares easing after recent sharp gains and investors bracing for Friday's jobs report, but all three indexes remained close to the previous session's closing high. The S&P 500 technology index was down 0.3% from the record closing high on Wednesday, when both other major U.S. stock indexes also notched closing highs. Shares of UnitedHealth were down 4.7% and the stock the biggest weight on the Dow and S&P 500. On Wednesday , Brian Thompson, the CEO of UnitedHealth's insurance unit, was killed outside a Midtown Manhattan hotel in what police described as a targeted attack. Forecasters believe Friday's employment report will show nonfarm payrolls increased by 200,000 jobs in November, a Reuters survey showed. In October, payrolls rose 12,000, the smallest rise since December 2020. Data earlier in the day showed the number of Americans filing new applications for unemployment benefits rose slightly last week. Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, Georgia, said investors are digesting economic data and looking ahead to Friday's employment report. "Obviously the Street is going to be trading on what the Fed is going to do," he said. "Also, there is a new administration coming in that's going to be friendly to the stock market and the economy." On Wednesday, Federal Reserve Chair Jerome Powell said the U.S. economy is stronger now than the central bank had expected when it started cutting rates in September, and he appeared to signal support for a slower pace of reductions. Markets are pricing in about a 70% chance of a 25-bp rate cut this month, and a 30% chance of a pause. The Dow Jones Industrial Average fell 174.96 points, or 0.39%, to 44,839.08, the S&P 500 lost 4.55 points, or 0.07%, to 6,081.94 and the Nasdaq Composite lost 1.93 points, or 0.01%, to 19,733.18. Former U.S. President Donald Trump's win in the Nov. 5 elections helped to lift stocks in November as investors cheered his talk of tax cuts and looser regulation. Shares of Synopsys fell 12.2% after the chip design software firm forecast fiscal 2025 revenue below Wall Street expectations, in part due to a slump in China sales. Cryptocurrency and blockchain-related stocks lost steam after surging earlier in the day when bitcoin, the world's largest cryptocurrency, stormed above the $100,000 mark for the first time. MicroStrategy, the largest corporate holder of bitcoin, was down 3.9%. Declining issues outnumbered advancers by a 1.14-to-1 ratio on the NYSE. There were 330 new highs and 65 new lows on the NYSE. On the Nasdaq, 1,592 stocks rose and 2,684 fell as declining issues outnumbered advancers by a 1.69-to-1 ratio. (Additional reporting by Shashwat Chauhan and Purvi Agarwal in Bengaluru; Editing by Pooja Desai and Maju Samuel)The Filin Sukuwa Community in Jos North Local Government Area, Thursday, expressed dismay over the halting of construction of a primary school in their locality by the Chairman of the local council, John Kyohroh Christopher. Malam Rabiu Isyaka, a residents of the community, told journalists that while they were pleased with the construction of the only primary school, initiated by their representative at the Plateau State House of Assembly, the directive by the LGC chairman to halt the work was disappointing. The Council’s Assistant Chief Information Officer, Philip Eplong, in a statement said the council chairman, John Kyohroh Christopher, had issued a; “stern warning to individuals and organisations constructing structures on the council’s land (Filin Sukuwa) at Pama Motor Adjacent Bauchi Junction to immediately halt further development.” However, residents of the community argued that the chairman’s actions were detrimental to their overriding public interest. “We are a community with a vast population, without a single public primary school. Our leaders sought the support of the member representing us at the Plateau State House of Assembly, Hon Adamu Aliyu, to help build the school on the land allocated to the community by the state government. “Unfortunately, the new LGC chairman, rather than supporting the work, has halted its construction,” Malam Rabiu Isyaka explained. He emphasised that the halting of the building was unjustifiable and urged the council chairman to reconsider his stance, “if he truly supports the overall development of all communities within Jos North LGA.” Another resident, Abdullahi Usman, pointed out that they acquired the land through lawful means, and there was a supporting court order in favour of the community. “We have yet to see or hear any court order directing the stoppage of the building of a public primary school or any other important project that would develop our community. “We are indeed surprised to hear that the LGC chairman has ordered the stoppage, and we see his action as detrimental to the overriding public interest. We call on him to consider the pressing needs of the school for the entire population of surrounding communities, not just ours,” he said.Syria’s prime minister said that most cabinet ministers were back at work on Monday after rebels overthrew President Bashar Assad. However, some state workers failed to return to their jobs and a United Nations official said the country’s public sector had come “to a complete and abrupt halt”. Meanwhile, streams of refugees crossed back into Syria from neighbouring countries, hoping for a more peaceful future and looking for relatives who disappeared during Mr Assad’s brutal rule. There were already signs of the difficulties ahead for the rebel alliance now in control of much of the country. The alliance is led by a former senior al-Qaida militant, who severed ties with the extremist group years ago and has promised representative government and religious tolerance. The rebel command said they would not tell women how to dress. “It is strictly forbidden to interfere with women’s dress or impose any request related to their clothing or appearance, including requests for modesty,” the command said in a statement on social media. Nearly two days after rebels entered the capital, some key government services had shut down after state workers ignored calls to go back to their jobs, the UN official said, causing issues at airports and borders and slowing the flow of humanitarian aid. Rebel leader Ahmad al-Sharaa, who was known by his nom de guerre Abu Mohammed al-Golani, also met with Prime Minister Mohammad Ghazi Jalali for the first time. Mr Jalali stayed in Syria when Mr Assad fled and has sought to project normalcy since. “We are working so that the transitional period is quick and smooth,” he told Sky News Arabia TV on Monday, saying the security situation had already improved from the day before. At the court of Justice in Damascus, which was stormed by the rebels to free detainees, Judge Khitam Haddad, an aide to the justice minister in the outgoing government, said that judges were ready to resume work quickly. “We want to give everyone their rights,” Mr Haddad said outside the courthouse. “We want to build a new Syria and to keep the work, but with new methods.” But a UN official said some government services had been paralysed as worried state employees stayed at home. The public sector “has just come to a complete and abrupt halt,” said Adam Abdelmoula, UN resident and humanitarian co-ordinator for Syria, noting, for example, that an aid flight carrying urgently needed medical supplies had been put on hold after aviation employees abandoned their jobs. “This is a country that has had one government for 53 years and then suddenly all of those who have been demonised by the public media are now in charge in the nation’s capital,” Mr Abdelmoula told The Associated Press. “I think it will take a couple of days and a lot of assurance on the part of the armed groups for these people to return to work again.” In a video shared on a rebel messaging channel, Mr al-Sharaa said: “You will see there are skills” among the rebels. The Kremlin said Russia has granted political asylum to Mr Assad, a decision made by President Vladimir Putin. Kremlin spokesperson Dmitry Peskov declined to comment on Mr Assad’s specific whereabouts and said Mr Putin did not plan to meet with him. Damascus was quiet Monday, with life slowly returning to normal, though most shops and public institutions were closed. In public squares, some people were still celebrating. Civilian traffic resumed, but there was no public transport. Long lines formed in front of bakeries and other food stores. There was little sign of any security presence though in some areas, small groups of armed men were stationed in the streets.Stock market today: Wall Street drifts lower after weak signals on the economy
NEW YORK (AP) — Donald Trump was on the verge of backing a 16-week federal abortion ban earlier this year when aides staged an intervention. According to Time magazine's cover story on his selection as its 2024 Person of the Year, Trump's aides first raised concerns in mid-March that the abortion cutoff being pushed by some allies would be stricter than existing law in numerous states. It was seen as a potential political liability amid ongoing fallout over the overturning of Roe v. Wade by a conservative majority on the Supreme Court that includes three justices nominated by Trump in his first term. Trump political director James Blair went to work assembling a slide deck — eventually titled “How a national abortion ban will cost Trump the election" — that argued a 16-week ban would hurt the Republican candidate in the battleground states of Pennsylvania, Michigan and Wisconsin, the magazine reported. “After flipping through Blair’s presentation" on a flight to a rally in Grand Rapids, Michigan, in April, Trump dropped the idea, according to the report. "So we leave it to the states, right?" Trump was quoted as saying. He soon released a video articulating that position. At the time, Trump’s campaign denied that he was considering supporting the 16-week ban, calling it “fake news” and saying Trump planned to “negotiate a deal” on abortion if elected to the White House. Here are other highlights from the story and the president-elect's 65-minute interview with the magazine: Trump reaffirmed his plans to pardon most of those convicted for their actions during the Jan. 6, 2021, riot at the U.S. Capitol. “It’s going to start in the first hour,” he said of the pardons. “Maybe the first nine minutes.” Trump said he would look at individuals on a “case-by-case" basis, but that “a vast majority of them should not be in jail.” More than 1,500 people have been charged with federal crimes stemming from the riot that left more than 100 police officers injured and sent lawmakers running into hiding as they met to certify Democrat Joe Biden’s 2020 victory . More than 1,000 defendants have pleaded guilty or been convicted at trial of charges, including misdemeanor trespassing offenses, assaulting police officers and seditious conspiracy. Trump insisted he has the authority to use the military to assist with his promised mass deportations , even though, as his interviewers noted, the Posse Comitatus Act prohibits the use of the military in domestic law enforcement. “It doesn’t stop the military if it’s an invasion of our country, and I consider it an invasion of our country," he said. “I’ll only do what the law allows, but I will go up to the maximum level of what the law allows. And I think in many cases, the sheriffs and law enforcement is going to need help." Trump did not deny that camps would be needed to hold detained migrants as they are processed for deportation. “Whatever it takes to get them out. I don’t care," he said. “I hope we’re not going to need too many because I want to get them out and I don’t want them sitting in camp for the next 20 years.” Trump told Time he does not plan to restore the policy of separating children from their families to deter border crossings, but he did not rule it out. The practice led to thousands of children being separated from their parents and was condemned around the globe as inhumane. “I don’t believe we’ll have to because we will send the whole family back,” he said. “I would much rather deport them together, yes, than separate.” Trump dismissed the idea that Elon Musk will face conflicts of interest as he takes the helm of the Department of Government Efficiency , an advisory group that Trump has selected him to lead. The panel is supposed to find waste and cut regulations, including many that could affect Musk's wide-ranging interests , which include electric cars, rockets and telecommunications. “I don’t think so," Trump said. “I think that Elon puts the country long before his company. ... He considers this to be his most important project." Trump lowered expectations about his ability to drive down grocery prices. “I’d like to bring them down. It’s hard to bring things down once they’re up. You know, it’s very hard. But I think that they will,” he said. Trump said he is planning “a virtual closure" of the "Department of Education in Washington.” “You’re going to need some people just to make sure they’re teaching English in the schools," he said. “But we want to move education back to the states.” Yet Trump has proposed exerting enormous influence over schools. He has threatened to cut funding for schools with vaccine mandates while forcing them to “teach students to love their country" and promote “the nuclear family,” including “the roles of mothers and fathers” and the “things that make men and women different and unique.” Asked to clarify whether he was committed to preventing the Food and Drug Administration from stripping access to abortion pills , Trump replied, “It’s always been my commitment.” But Trump has offered numerous conflicting stances on the issue, including to Time. Earlier in the interview, he was asked whether he would promise that his FDA would not do anything to limit access to medication abortion or abortion pills. "We’re going to take a look at all of that,” he said, before calling the prospect “very unlikely.” “Look, I’ve stated it very clearly and I just stated it again very clearly. I think it would be highly unlikely. I can’t imagine, but with, you know, we’re looking at everything, but highly unlikely. I guess I could say probably as close to ruling it out as possible, but I don’t want to. I don’t want to do anything now.” Pressed on whether he would abandon Ukraine in its efforts to stave off Russia's invasion , Trump said he would use U.S. support for Kyiv as leverage against Moscow in negotiating an end to the war. “I want to reach an agreement,” he said, “and the only way you’re going to reach an agreement is not to abandon.” Trump would not commit to supporting a two-state solution, with a Palestinian state alongside Israel, as he had previously. “I support whatever solution we can do to get peace," he said. "There are other ideas other than two state, but I support whatever, whatever is necessary to get not just peace, a lasting peace. It can’t go on where every five years you end up in tragedy. There are other alternatives.” Asked whether he trusted Israeli Prime Minister Benjamin Netanyahu , he told Time: “I don’t trust anybody.” Trump would not rule out the possibility of war with Iran during his second term. “Anything can happen. It’s a very volatile situation," he said. Asked if he has spoken to Russian President Vladimir Putin since the Nov. 5 election, Trump continued to play coy: "I can’t tell you. It’s just inappropriate.” Trump insisted that his bid to install Matt Gaetz as attorney general ”wasn’t blocked. I had the votes (in the Senate) if I needed them, but I had to work very hard.” When the scope of resistance to the former Republican congressman from Florida became clear, Trump said, “I talked to him, and I said, ‘You know, Matt, I don’t think this is worth the fight.'" Gaetz pulled out amid scrutiny over sex trafficking allegations, and Trump tapped former Florida Attorney General Pam Bondi for the Cabinet post. Trump, who has named anti-vaccine activist Robert F. Kennedy Jr. to lead the Department of Health and Human Services, did not rule out the possibility of eliminating some childhood vaccinations even though they have been proved safe in extensive studies and real world use in hundreds of millions of people over decades and are considered among the most effective public health measures in modern history. Pressed on whether “getting rid of some vaccinations” — neither Trump nor the interviewers specified which ones — might be part of the plan to improve the health of the country, Trump responded: “It could if I think it’s dangerous, if I think they are not beneficial, but I don’t think it’s going to be very controversial in the end.” “I think there could be, yeah," Trump said of the prospect of others in his family continuing in his footsteps. He pointed to daughter-in-law Lara Trump , who served as co-chair of the Republican National Committee and is now being talked about as a potential replacement for Florida Sen. Marco Rubio, whom Trump has chosen for secretary of state. Trump said the former and soon-to-be first lady Melania Trump will be joining him at the White House during second term and will "be active, when she needs to be.” “Oh yes,” he said. “She’s very beloved by the people, Melania. And they like the fact that she’s not out there in your face all the time for many reasons.”
One Liberty Properties Announces 128th Consecutive Quarterly Dividend
GLEN ALLEN, Va. , Nov. 21, 2024 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors declared a regular cash dividend of $0.115 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024 , to stockholders of record at the close of business on December 2, 2024 . About Hamilton Beach Brands Holding Company Hamilton Beach Brands Holding Company is a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach ® , Proctor Silex ® , Hamilton Beach Professional ® , Weston ® , and TrueAir ® . The Company's owned commercial brands include Hamilton Beach Commercial ® and Proctor Silex Commercial ® . The Company licenses the brands for Wolf Gourmet ® countertop appliances, CHI ® premium garment care products, CloroxTM True HEPA air purifiers, and Brita HubTM countertop electric water filtration appliances. The Company has exclusive multiyear agreements to design, sell, market, and distribute Bartesian ® cocktail makers and Numilk ® plant-based milk makers. The Company's Hamilton Beach Health subsidiary is focused on expanding the Company's participation in the home health market. In February 2024 , Hamilton Beach Health acquired HealthBeacon, a medical technology firm that specializes in developing connected devices. For more information about Hamilton Beach Brands Holding Company, visit www.hamiltonbeachbrands.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/hamilton-beach-brands-holding-company-declares-quarterly-dividend-302313651.html SOURCE Hamilton Beach Brands Holding CompanySuspect in UnitedHealthcare CEO killing charged with murder in New York, court records show
How COP29 outcome may impact countries most affected by climate changeElon Musk aimed at bending the universe
(The Center Square) – Adoption of institutional neutrality is supported by better than 6 in 10 tenured and nontenured faculty at the University of North Carolina, Wake Forest University and Duke University, a report says. Nationally, 66% of faculty say “colleges and universities should not take positions on political and social issues,” says Silence in the Classroom, the 2024 FIRE Faculty Survey Report. At Duke, the percentage is 71%, at Carolina 65%, and at Wake 64%. Higher education is facing mounting challenges, from the costs to the positions it favors. Silencing students or faculty has drawn sharp criticism from Capitol Hill to every corner of the nation sending people to the ballot box. Carolina, established in 1789, is the nation’s oldest public university. It also earlier this year became embattled in free speech controversy tied to the war between Hamas and Israel. The Foundation for Individual Rights and Expression , as FIRE is more formally known, is a nonprofit nonpartisan organization billing itself as “defending and sustaining the individual rights of all Americans to free speech and free thought.” Surveys on topics related to free expression and academic freedom were made of 6,269 tenured, tenure-track and nontenure faculty at 55 four-year colleges and universities in America. In North Carolina, the sampling was of 145 at Carolina, 80 at Duke, and 55 at Wake Forest. For each campus, respondents said the top “difficult issue to discuss” is the Israeli-Palestinian conflict. Asked for top three issues, the Middle East saga was 79% at Carolina, 71% at Wake Forest and 68% at Duke. Each campus was split on the second and third choices. At Duke, 57% said affirmative action and 51% transgender rights. At Carolina, 54% said affirmative action and 53% racial inequality. And at Wake, 63% said racial inequality and 55% transgender rights. All were talking points of various candidates, particularly the presidential race, in the election cycle climaxing last month. In response to faculty feeling “they could not express their opinion because of how others would respond,” the choices of “occasionally,” “fairly often” and “very often” drew a combined 69% at Wake Forest, 69% at Duke and 67% at Carolina. Fairly often and very often were 35% at Duke. Statements pledging commitment to diversity, equity and inclusion is rarely or never justified of faculty job candidates, said 61% at Duke, 44% at Carolina and 42% at Wake Forest. Nationally, the response was 50%. Academic freedom leaned more toward secure than not at all three institutions on a split of about 60%-40%. As for faculty feeling a need to “hide their political beliefs from other faculty in an attempt to keep their job,” answers of “never” were chosen by 43% at Duke, 42% at Carolina and 36% at Wake Forest. Among the national findings of the FIRE survey: • More faculty (35%) than during the McCarthy era (9%) say they toned down their writing for fear of controversy. • Threats of discipline for teaching, research, academic talks or other off-campus speech was incurred by 14%. • Faculty feeling unable to speak freely for fear of how others would respond was 27%. • Fear of damaged reputations because of misunderstandings with something said or done was 40%. • Fear of losing jobs because of misunderstandings with something said or done was 23%.12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Juan Soto introduced by Mets at Citi Field after striking record $765 million, 15-year deal NEW YORK (AP) — Juan Soto put on a New York Mets jersey and cap for the first time after his record $765 million, 15-year contract was finalized and talked about what made the difference in his decision. He said at his introductory news conference on Thursday that the Mets “showed me a lot of love." Soto was introduced at Citi Field a day after his deal was finalized. Speaking in the Piazza 31 Club, Soto was flanked by Mets owner Steve Cohen, president of baseball operations David Stearns and his agent, Scott Boras. Bill Belichick 'always wanted' to give college coaching a try. Now he will at North Carolina New North Carolina football coach Bill Belichick said he had long been interested in coaching in the college ranks. But it had never worked out until now, as he takes over the Tar Heels program. Belichick led the New England Patriots to six Super Bowl titles during a 24-year run there that ended last year. Belichick's five-year deal pays him $10 million in base and supplemental salary per year. It is guaranteed only for the first three years, including for buyout purposes. There is also up to $3.5 million in annual bonuses. Wander Franco's sex abuse trial has been postponed 5 months PUERTO PLATA, Dominican Republic (AP) — The trial against Tampa Bay Rays shortstop Wander Franco, who has been charged with sexually abusing a minor, sexual and commercial exploitation against a minor, and human trafficking, has been postponed until June 2, 2025. Dominican judge Yacaira Veras postponed the hearing Thursday at the request of prosecutors because of the absence of several key witnesses in the case. Franco’s lawyers asked the court to reconsider the postponement, arguing Franco must report to spring training in mid-February. The judge replied that Franco is obligated to continue with the trial schedule and his conditional release from detainment. Rape investigation that Swedish media say focused on Kylian Mbappé has been closed STOCKHOLM (AP) — Swedish prosecutors say they have dropped a rape investigation that was launched in connection with soccer star Kylian Mbappé’s visit to Stockholm in October. In a statement, lead investigator Marina Chirakova says there is not enough evidence to continue the investigation into the allegation at a hotel. Prosecutors never publicly named the suspect in the investigation but some Swedish media reported it was Mbappé. The Real Madrid striker visited Stockholm in October during a break in the Spanish league. At the time, Mbappé’s legal team dismissed those reports as false. Travis Hunter, the 2-way standout for Colorado, is the AP college football player of the year BOULDER, Colo. (AP) — Colorado two-way standout Travis Hunter is The Associated Press college football player of the year. Hunter received 26 of the 43 votes from a panel of AP Top 25 voters. Boise State tailback Ashton Jeanty finished second with 16 votes, and Arizona State running back Cameron Skattebo received one vote. A throwback player who rarely left the field, Hunter had 92 catches for 1,152 yards and 14 touchdowns as a receiver. He had four interceptions and 11 passes defensed as a shutdown corner. Hunter helped the the 20th-ranked Buffaloes to a 9-3 record and an appearance in the Alamo Bowl against BYU. 2034 World Cup visitors will live in 'a bubble' and not see real life, Saudi rights activist says LONDON (AP) — A Saudi human rights activist says soccer fans visiting Saudi Arabia for the 2034 World Cup will live in a “bubble” that doesn't reflect real life there. Lina al-Hathloul is a London-based activist whose sister was jailed in Saudi Arabia then banned from travel after campaigning to end a ban on women driving. When FIFA confirmed the kingdom as the 2034 tournament host on Wednesday its president Gianni Infantino acknowledged “the world will be watching” for positive social change. Al-Hathloul says western people “will be very safe” at the World Cup but "will see a bubble of what Saudi Arabia is.” Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped CHARLOTTE, N.C. (AP) — A new court filing says NASCAR rejected Front Row Motorsports’ agreement to purchase a charter from Stewart-Haas Racing unless the team and 23XI Racing dropped their federal antitrust lawsuit against the stock car series. Front Row and 23XI rejected NASCAR's new revenue sharing agreement and have gone to court. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. Indian teen Gukesh Dommaraju becomes the youngest chess world champion after beating Chinese rival NEW DELHI (AP) — Indian teenager Gukesh Dommaraju has become the youngest chess world champion after beating the defending champion Ding Liren of China. Dommaraju, 18, secured 7.5 points against 6.5 of his Chinese rival in Thursday's game which was played in Singapore. He has surpassed the achievement of Russia’s Garry Kasparov who won the title at the age of 22. Dommaraju is now also the second Indian to win the title after five-time world chess champion Viswanathan Anand. The Indian teen prodigy has long been considered a rising star in the chess world after he became a chess grandmaster at 12. He had entered the match as the youngest-ever challenger to the world crown after winning the Candidates tournament earlier this year. Hojlund scores twice for Man United to beat Viktoria Plzen 2-1 in Europa League, Tottenham held 1-1 Rasmus Hojlund scored twice after coming off the bench and Manchester United rallied to beat Viktoria Plzen 2-1 in the Europa League. The Denmark striker netted in the 88th minute after collecting Bruno Fernandes’ pass off a free kick to seal the victory. Hojlund came on in the 56th and scored an equalizer six minutes later. Totenham was held 1-1 at Rangers and Lazio tops the standings after a 3-1 win at Ajax. In the Conference League a youthful Chelsea lineup made the most of a long trip to Kazakhstan by beating Astana 3-1 to stay perfect in the third-tier competition. NFL world reacts with excitement, surprise, questions after Bill Belichick is hired to coach UNC Bill Belichick is already the most decorated coach in NFL history. His next challenge is college football after he agreed to a five-year deal to coach at North Carolina. The reaction around the NFL ranged from excitement at seeing him back on the sideline to disbelief. Some of his former players believe his skill set will work at any level. Others caution that the players he brings into UNC should prepare to have their limits tested.Freudenberg strengthens commitment to India with new product launches at CPhI & PMEC 2024
Illinois better prepared for recession than in 2007 or 2020, study finds (copy)SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired ASP Isotopes Inc. ASPI securities between October 30, 2024 and November 26, 2024. ASP Isotopes is a development stage advanced materials company focused on the production, enrichment, and sale of isotopes. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that ASP Isotopes Inc. (ASPI) Misled Investors Regarding its Uranium Enrichment Technology and Facility According to the complaint, during the class period, defendants failed to disclose that the Company: (1) overstated the potential effectiveness of its enrichment technology; (2) overstated the development potential of its high assay low-enriched uranium facility; and (3) overstated the Company's nuclear fuels operating segment results. Plaintiff alleges that on November 26, 2024, market research firm Fuzzy Panda Research published a report that alleged the Company is "using old, disregarded laser enrichment technology to masquerade as a new, cutting-edge Uranium enrichment." The report revealed a series of experts interviewed stated the Company's reported cost estimates and timeline for building its HALEU uranium facilities was misleading to the point of being "delusional." The report further alleged the Company had significantly overstated the significance of its agreement with TerraPower, which was only a "non-binding" memorandum of understanding entered into to "put pressure on [TerraPower's] real suppliers." The report quoted a former TerraPower executives as stating that ASP Isotopes was "missing the manufacturing; They are missing the processes as well; They still have to develop the HALEU...the most important part." On this news, the Company's stock price fell $1.80 or 23.53%, to close at $5.85 per share on November 26, 2024, and continued to fall on the subsequent trading date, falling $0.83 or 14.19%, to close at $5.02 per share on November 27, 2024. What Now : You may be eligible to participate in the class action against ASP Isotopes Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against ASP Isotopes Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com https://www.facebook.com/RobbinsLLP/ https://www.linkedin.com/company/robbins-llp/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af960bd5-1ae2-4ed3-afe3-591b09ab920b © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MOSCA, Colorado — A handmade sign at the start of a long dirt road in the rural San Luis Valley indicates to visitors that they’ve arrived at the future site of Kosmos Stargazing Resort & Spa . The peaks of the Sangre de Cristo Mountains barely make a dent in the big blue skies above the 40 acres purchased by founder and CEO Gamal Jadue Zalaquett. He aims to transform the land into a resort featuring 20 villas, a spa, a restaurant and a planetarium. “It’s a place of alignment. Kosmos is a place of connection,” Jadue Zalaquett said. “Kosmos, in a way, is a place to heal, and the San Luis Valley has a lot to do with healing.” He bought the property for $11,000 in December 2020. But with glass domes for stargazing and expensive price tags to stay the night, Jadue Zalaquett’s ambitious brainchild falls snugly into the category of “luxury ecotourism.” His site is an ideal spot for admiring constellations and distant galaxies. According to the National Park Service, the nearby Great Sand Dunes National Park and Preserve is considered an International Dark Sky Park. Jadue Zalaquett said the area is a class two location on the Bortle dark-sky scale, which translates to “ truly dark ” skies. The resort’s planetarium will include a 1-meter telescope. In terms of getting visitors to Kosmos, “that’s gonna be the biggest attractor,” Jadue Zalaquett said. Development is still in the early stages, but it’s already garnering attention from the public: More than 12,000 Instagram users follow the resort’s page where project renderings and updates are shared. Kosmos plans to open its first villa early next year, said marketing operations manager Jennifer Geerlings. Although it’s still under construction, the resort has already booked more than 2,000 reservations, she added. “A lot of it, for some people, is the excitement of being the first to be able to stay in an experience like this,” Geerlings said in a phone interview. “There’s really no other resort that’s doing this.” While Jadue Zalaquett put about $500,000 toward getting the project off the ground, a crowdfunding campaign raised $1.9 million, Geerlings said. Donors paid a one-time fee to receive 50% discounts off their reservations for early 2025. So instead of paying the usual $700 nightly rate, they booked at $350 per night, Geerlings said. And after the campaign’s end, people continued to contribute directly via Stripe, which put total revenue from crowdfunding at more than $2 million, Jadue Zalaquett added. So why is it worth it to stay at Kosmos? For Geerlings, the answer is a combination of the villas — with their jacuzzis nestled in glass domes under the stars — and amenities like the planetarium. “You’re able to experience some of the best stargazing. The Milky Way is visible to the naked eye,” Geerlings said. “A planetarium is something that’s never been at a resort before.” In November, director of field operations Auston Duncan stepped over sagebrush and loose hardware to outline the state of construction on the project. An unfinished villa offered a hint of what’s to come. The rectangular building with exposed wooden rafters and newly-installed glass sliding doors will soon house a bedroom and a bathroom. Jeremy Stephen, the founder of Steamboat Springs-based Evolve Construction , built the villa out of hempcrete , which is made of hemp, water and lime. It works as an eco-friendly insulator, helping to mitigate heating and cooling costs and lending itself to the vision of Kosmos as a resort with sustainability in mind. On one side of the villa, a hot tub will be installed. On the other, a dome made out of glass and wood from Ekodome will cover the kitchen and loft area. The development will occur in phases. Next year, 16 stargazing villas (which hold up to four guests) and 4 galaxy villas (which hold up to eight guests) will be constructed, Geerlings said. Every stay includes an hour of a guided stargazing experience and telescope training. In 2026, the amenities will be built out. Those include the Mediterranean-style restaurant and the wellness center with spa features like hyperbaric chambers, a sauna and a cold plunge. In 2027, the planetarium will be added to the resort. To ensure dark skies, guests will park their cars and use electric golf carts to navigate the resort, Jadue Zalaquett said. He mentioned that discussions with consultants on the stargazing center included a NASA representative, who was interested in hosting a mission workshop at Kosmos next year. Both the planetarium and the spa will be open to the public, Geerlings added. All in all, it’s a bold plan. And Kosmos is looking to hire to make it happen. Right now, the business is in search of employees to lead their stargazing experiences. So far, it’s recruited a former Great Sand Dunes ranger, Geerlings said. The team is considering college students from Adams State University in Alamosa as interns. Kosmos will also need to staff resort operations, including housekeeping, security and front desk workers. “We’re gonna try and hire pretty much everyone locally,” Geerlings said. For Jadue Zalaquett, taking on an endeavor like this runs in his blood. He currently lives between Alamosa and Boulder, but Jadue Zalaquett was born in Chile and grew up in Miami. When his family migrated to Chile, they ran hotels. Several paternal relatives work as architects. However, Jadue Zalaquett didn’t initially follow the family business. Instead, he worked in technology startups for almost a decade. Then, during the COVID-19 pandemic, he visited the San Luis Valley. He realized that, although the Great Sand Dunes were located less than a half hour away, tourists could only choose from a few lodging options. So came the idea for Kosmos. And “here I am, back at my roots,” Jadue Zalaquett said.Citizen Sleeper 2: Starward Vector is due to release on 31st January 2025. The sequel to the sci-fi dice-driven RPG will release across PC, Switch, PS5, and Xbox Series X/S on this date, and will be available day one on Game Pass. For a taste of what's to come, developer Jump Over The Age is bringing back the Hexport demo for the game, which was previously released for a limited time during Steam Next Fest. It will be playable once again from today until 8th December. The first Citizen Sleeper , released in 2022, won multiple awards and was nominated for four BAFTAs including British Game and Game for Impact. It's a phenomenal tabletop-inspired game, exploring political themes with evocative writing and a beautiful electronic score. The sequel, announced in June 2023 , will stick to a similar template to the first as it follows a new Sleeper android protagonist out in the stars and uses the same dice-throwing mechanics. Creator Gareth Damian Martin stated the central theme was "crisis", with the pandemic and invasion of Ukraine being influential. Eurogamer's Katharine Castle went hands-on with Citizen Sleeper 2 earlier this year. "There may be a different set of machines powering this ambitious RPG, but deep down, it still has the same gooey, human heart we know and love," she wrote.