NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines' information technology infrastructure impacting the Company's business, operations, and stock price. If you currently own shares of Southwest Airlines stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=10716 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at case@rosenlegal.com . Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40 th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/rosen-law-firm-announces-investigation-of-breaches-of-fiduciary-duties-by-the-directors-and-officers-of-southwest-airlines-co--luv-302334153.html SOURCE THE ROSEN LAW FIRM, P. A.
Our Boys Matter!LAS VEGAS — The Philadelphia Eagles have won eight straight games. A bettor at Circa Sports wagered $3 million that they will win their ninth straight Sunday over the Carolina Panthers. The gambler on Thursday placed a $3 million bet to win $428,000 on the Eagles on the money line (-700) over the Panthers. It is the biggest bet ever placed on a single game at the downtown Las Vegas sportsbook, Circa owner Derek Stevens told the Review-Journal. Philadelphia, the biggest favorite on the NFL betting board this week at -13, is now -870 on the money line at Circa, and Carolina is +650. ©2024 Las Vegas Review-Journal. Visit reviewjournal.com. . Distributed by Tribune Content Agency, LLC.
The results of the have delivered some stunning upsets, with several prominent political leaders suffering unexpected defeats. As the final tally of votes poured in, politicians, some of whom have been key figures in the state’s political landscape for years, found themselves losing their constituencies as the BJP-led Mahayuti alliance on Saturday retained power in Maharashtra, maintaining sway over 230 of the 288 assembly seats, while the Maha Vikas Aghadi's dream of wresting power fizzled. Among the most notable losses were leaders from major political parties. The electoral results are being seen as a shift in the state’s political dynamics with some of the big names who failed to turn out to be victorious: Meanwhile, the Shiv Sena nominee Hikmat Udhan defeated former Maharashtra minister and incumbent NCP (SP) MLA Rajesh Tope by a margin of 2,309 votes from the Ghansawangi seat in the assembly polls, results of which were declared on Saturday. Notably, Antarwali Sarati village in Jalna district, which became the epicentre of the Maratha quota agitation led by Manoj Jarange, is part of the Ghansawangi seat. Maharashtra BJP chief Chandrashekhar Bawankule won from Kampthi seat in Nagpur district by a margin of 40,946 votes. He defeated ' Suresh Bhoyar in the assembly polls, results of which were announced on Saturday. Sreejaya Chavan, daughter of former Maharashtra chief minister Ashok Chavan, won her debut assembly poll contest from Bhokar seat in Nanded district by trouncing Congress rival Tirupati Kadam Kondhekar by 50,551 votes. BJP candidates have won five of the six assembly seats in the Chandrapur district in the Maharashtra polls, with the Congress consoling itself with just one win. Assembly Leader of Opposition Vijay Wadettiwar retained his seat from Brahmapuri, while senior BJP leader and former minister Sudhir Mungantiwar registered his fourth consecutive victory in Ballarpur. BJP's Deorao Bhonge won from Rajura, while his party colleague Kirtikumar, alias Bunty Bhangdiya, grabbed the Chimur seat. The saffron party's Kishore Jorgewar and Karan Deotale won from the Chandrapur and Warora constituencies, respectively. The BJP, which leads the Mahayuti coalition, was winning or leading in 132 of the 288 seats in the states, according to the latest figures shared by the Election Commission. Its partners Shiv Sena and NCP are set to win 57 and 41 seats.China’s trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing’s curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters. Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company’s adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year. “We have been notified by our suppliers that the importation of these raw materials has been delayed pending the Chinese government accepting license applications,” according to the letter, which was signed by two senior executives. “As a result, Henkel is hereby declaring force majeure in connection with its deliveries of these products,” the German company also said, adding it was unable to predict the duration of the situation. The letter from Henkel, which had not been reported previously, and conversations with more than two dozen traders, miners, processors, end-users, and industry experts in North America, Europe and China underscore the severe disruption caused by Beijing’s trade restrictions and highlight how Western players’ struggle to replace China-based supply chains. Contacted by Reuters about the letter, Henkel said it was working to support its customers and find alternative supplies: “We are monitoring the global supply situation of antimony very closely and aim to restore solutions to fulfill our customers’ orders.” The price of antimony, scarce in nature but essential for military equipment such as ammunition, infrared missiles, nuclear weapons, and night vision goggles, rallied nearly 230% this year to about $39,000 per metric ton in Rotterdam’s busy spot market, according to market intelligence provider Argus. China is the world’s largest antimony producer and dominates the production of many strategic materials. Last year, Beijing also limited exports of gallium and germanium – used for semiconductors, solar panels and weapons – as well as certain types of graphite – a key component in EV batteries. Responding to a fresh U.S. crackdown on China’s chip industry, Beijing this week further ratcheted up pressure, imposing an outright ban on exports of gallium, germanium and antimony to the United States, where Henkel makes Bonderite in Michigan. Looking for alternatives Beijing’s restrictions bring added urgency for Western players to cut their reliance on minerals from China. Miner Perpetua Resources for instance, is developing an antimony mine in Idaho with U.S. government funding. But new mines can take years to develop, leaving players like Henkel scrambling to find alternatives, which are often more costly. “Please note that we are in close contact with our suppliers and using all commercially reasonable means to leverage our global supply chain to address this situation and support our customers,” Henkel also wrote in the letter. Meanwhile, some Western miners and processors have started to build up capacity. United States Antimony (USAC), the only North American processor of the metal, made plans to lift output at its Montana smelter, which was running at 50% of capacity after China announced curbs on antimony exports in August. “Our decision to ramp up production was predominantly triggered by the more than tripling of worldwide Rotterdam antimony prices,” the company’s chairman, Gary Evans, told Reuters. China’s restrictions “created significantly more demand for our finished products,” he added. Mining at the Montana site was halted in 1983, when it was cheaper to source antimony from mines outside the United States, and environmental curbs now prevent extraction there, according to the company. USAC, which does not rely on China, is in talks to receive the material from four other countries and one domestic supplier as early as December, Evans said, declining to name them for competitive reasons. Orders at Ottawa-based Northern Graphite which touts itself as North America’s only producer of natural flake graphite, jumped 50% in the aftermath of China’s graphite curbs announced in October 2023, CEO Hugues Jacquemin told Reuters. “When the export controls came into effect in December last year, there was quite a surge in demand. We started ramping up capacity,” said Jacquemin, whose firm is developing projects in Namibia and Ontario to add to its mine in Lac des Iles, Quebec. China accounts for over 70% of supply of both natural mined graphite and its synthetic variety. Mark Jensen, CEO of ReElement Technologies, an arm of American Resources that specialises in recycling and refining rare earths, said China’s most recent export ban means the company has this week fielded at least 10 calls from U.S. miners offering zinc ore, which can be a source of germanium during processing. Those shipments had previously gone to China for processing given lower labour cost and different environmental standards, he said. “We have been reaching out to U.S. suppliers of these feedstock to sell these byproducts to us instead of sending it to China as we are now an alternative to China,” Jensen told Reuters. Canadian miner Teck Resources, which produces germanium as a byproduct at its Red Dog zinc mine in Alaska and is the only supplier of the metal in North America, told Reuters it was studying whether to boost output of the critical material there now that China has blocked exports to the United States. Disrupted markets China’s export squeeze has triggered a surge in prices for many strategic minerals. Gallium sold outside of China was 30% to 40% more expensive than in the People’s Republic in the first half of 2024 from a year before, according to Toronto-based Neo Performance Materials, which produces gallium by recycling manufacturing scrap, said in August. In China, the restrictions have forced some weaker players out of the market, traders and analysts told Reuters. Two Chinese germanium traders told Reuters they had given up on exports as they were unable to secure licenses either because overseas clients were unwilling to provide specific details on end-users or because they are from the United States. Even before Beijing’s latest curbs singling out the United States, no Chinese germanium or gallium was shipped there this year through October, Chinese customs data show. Over the same period in 2023, the U.S. ranked as the fourth- and fifth-largest export market for the minerals. For end-users, China’s restrictions underscore the importance of supply diversification. “When you de-risk, you need to de-risk with different levers,” said Maxime Picat, chief purchasing officer at automaker Stellantis. “If you are a one-solution company, knowing that your battery suppliers are all Chinese or all Korean, then you are at risk.” ($1 = 0.9465 euros) (Reporting by Amy Lv in Beijing, Divya Rajagopal in Toronto, Ernest Scheyder in London and Alessandro Parodi in Gdansk; Additional reporting by Giulio Piovaccari in Milan and Sabine Siebold in Berlin; Editing by Tony Munroe, Veronica Brown and Lisa Jucca)
U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. On Thursday: The S&P 500 rose 31.60 points, or 0.5%, to 5,948.71. The Dow Jones Industrial Average rose 461.88 points, or 1.1%, to 43,870.35. The Nasdaq composite rose 6.28 points, or less than 0.1%, to 18,972.42. The Russell 2000 index of smaller companies rose 38.48 points, or 1.7%, to 2,364.02. For the week: The S&P 500 is up 78.09 points, or 1.3%. The Dow is up 425.36 points, or 1%. The Nasdaq is up 292.30 points, or 1.6%. The Russell 2000 is up 60.18 points, or 2.6%. For the year: The S&P 500 is up 1,178.88 points, or 24.7%. The Dow is up 6,180.81 points, or 16.4%. The Nasdaq is up 3,961.07 points, or 26.4%. The Russell 2000 is up 336.94 points, or 16.6%.The win stretched Bayern’s lead to eight points ahead of the rest of the 11th round, and Kane took his goals tally to a league-leading 14. However, coach Vincent Kompany should be concerned by his team’s ongoing difficulty of scoring in games it dominates. Bayern previously defeated St. Pauli and Benfica only 1-0. Kompany’s team had to wait until stoppage time before Kane sealed the result with his second penalty. The England star scored with a header two minutes later for a flattering scoreline. Bayern had possession and chances, but the visitors defended resolutely with Augsburg goalkeeper Nediljko Labrović denying Kane, then twice Jamal Musiala to keep the game scoreless at halftime. Bayern counterpart Manuel Neuer, who overcame a rib injury to start, had little to do at the other end. Musiala, Leon Goretzka and Michael Olise all went close after the break. Labrović and the Augsburg defense held on. Then Mads Pedersen was penalized for handball following a VAR review and Kane duly broke the deadlock in the 63rd. Bayern continued as before with 80% possession, but had to wait for Keven Schlotterbeck to be penalized through VAR for a foul on Kane. Kane sealed the result in the third minute of stoppage time and there was still time for him to grab another. It’s Bayern’s seventh consecutive win since Oct. 23 when it lost at Barcelona 4-1 in the Champions League. Bayern next hosts Paris Saint-Germain in that competition on Tuesday, then Borussia Dortmund away in the Bundesliga next weekend, before defending champion Bayer Leverkusen visits in the third round of the German Cup. AP soccer: https://apnews.com/hub/soccerCaribbean Hospitality Forum Spotlights Authentic Tourism in Miami
Kejriwal calls Punjab bypolls win ‘semi-final’ before Delhi Assembly polls