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2025-01-08
There was a rare sight along the Fremont Street Experience over the weekend, which is no small statement. But this qualified: Tourists clad in Mercedes, McLaren, Ferrari and F1 apparel descended on the entertainment promenade. “The number of F1 jerseys and jackets that were out during the day, through the weekend, was huge,” Neon City Festival CEO Jeff Victor said in a phone chat Tuesday. “The (F1) event happens at night, so they were like ‘Hey, this is pretty cool, there’s a festival going on at the same time, so our eyeballs get filled with more fun stuff during our visit.” The festival averaged 60,000 unique visitors per day and night, 180,000 total. That’s a 30-percent increase over those visiting downtown Las Vegas during F1 week in ‘23. Designed as an alternative event during the F1 Las Vegas Grand Prix, the first Neon City Festival was staged Friday, Saturday and Sunday throughout downtown. All three FSE stages and Downtown Las Vegas Event Center were in operation. Alison Wonderland, Seven Lions and TroyBoi performed at DTLVEC. Russell Dickerson, the All-American Rejects and Neon Trees took over 3rd Street Stage. That is just a sampling of the entertainment offered during the festival, which also presented ample Vegas F&B offerings, art installations, by Area15, and fireworks. Victor is also vice president of operations of Circa Hospitality Group. The company is co-owned by Derek Stevens, a leading visionary behind Neon City Festival. All downtown properties have been on board as partners. The Las Vegas Convention and Visitors Authority contributed at $1 million grant to kick off the event. The FSE partner hotels added about $500K, revenue produced by the SlotZilla zipline attraction inside the FSE canopy. NCF was created to help downtown hotels return business to at least average weekend levels during F1. “Last year was just so bad, and all we wanted the festival to do in year one was get us back to kind of normal, a normal weekend level,” Victor said. “It it did that, and a little more.” The exec said business at Circa’s departments were up anywhere from 20 to 35 percent over last year. Organizers have said the first NCF would be the debut of an ongoing event. The festival is planned to run as long as F1 is held in Vegas. “Just F1 can’t fill this town, and I don’t say that critically,” Victor said. “NASCAR alone couldn’t fill this town, with similar numbers. We usually don’t have weekends with just one thing going on. When NASCAR is here, there are many other things going on ... That’s how you fill up 150,000-plus rooms.” And, draw 180,00o to the heart of Las Vegas. Top out Carrot Top has called off his shows after his Dec. 27 performance, returning Jan. 27. Why? “Sex-change operation,” the entertainer born Scott Thompson texted Wednesday. “If you wanna see me perform still as a dude, make sure you see me soon.” A bunch of laughing emojis accompanied that text. For real, he said “just taking an extra week off from my normal January break. All is good.” Tease this ... A Las Vegas producer and multi-talented performer and TV-show host are working together on a fun, new production designed for Vegas. Early stages. Huge potential. Your VegasVille Moment I pulled into the City of Las Vegas parking garage for the Carolyn and Oscar Goodman mayoral sculpture and happened upon a gentleman parked on the same floor: Richard Bryan , the former Democratic governor of Nevada (1983-1989) and ex-U.S. Senator (1989-2001). This visit was a bit of a homecoming for Bryan, to a building he doesn’t recall fondly. His family’s first Las Vegas home was on 3rd Street and Lewis Avenue, just to the north of today’s City Hall annex. “It was a dreadful, two-story apartment,” said Bryan, who lived in the dwelling from age 4 1/2 to 6. “It wasn’t like we were in danger of freezing to death or anything, but even at age 4 I knew it was dreadful.” The Bryans moved to a home in the Huntridge neighborhood, a 1,000-square-foot home he said was “like a mansion, in the nicest subdivision in town.” That was in October 1943, when Huntridge Theater was being built. The theater was finished a year later, and little Richard went to his first matinee movie (he remembers it being a Laurel & Hardy flick), which he thought cost 14 cents. It was actually 25 cents. “So I had to panhandle, one penny at a time, to get into this movie,” Bryan said. “I did it. I got the 25 cents. But I hated to raise money then, and I hated all my entire political career. I still do.” Cool Hang Alert Sax great Jimmy Carpenter plays the OG Sand Dollar Lounge on Polaris and Spring Mountain at 10 p.m. Friday. Jimmy always has the blues, and you will too. No cover. And as always, try the pizza. John Katsilometes’ column runs daily in the A section. His “PodKats!” podcast can be found at reviewjournal.com/podcasts . Contact him at jkatsilometes@reviewjournal.com. Follow @johnnykats on X, @JohnnyKats1 on Instagram. Recap of inaugural Neon City Festival Performances. Four stages throughout downtown hosted musical performances. Headliners and performances included: Day One: American Mile, Bubba Sparxxx, Cassadee Pope, Charlotte Sands, Dr. Fresch, Kaleido, Landon Cube, lovelytheband, NO PROOF, Pepe Orro, Pertinence and 408. Day Two: Adelita's Way, Ekoh, Filter, Krewella, Lit, Luniz, Pepe Orro, Plain White T's, The Swamp Coolers with Sara Beth, Vampires Everywhere, Violin on Fire and 24HRS. Day Three : Anabel Englund, Beauty School Dropout, elijah, Good RZN, Kaleido, Pepe Orro, Pure Sport, Makeout, Mr. Carmack, Restless Road, $ERIOU$LY?!, Swaylo, The Kruse Brothers, Thus Love, and Twista. Local Artistry: Neon City Festival's art programming was curated by Area15. Activations included neon-lit artwork by Aliume at Wink World: Portals Into The Infinite; an immersive activation by Illuminarium; and a photo opportunity with an art car creation from Las Vegas artist Henry Chang. Attendees received a sneak peek at two new attractions opening at Area15's Superplastic's Dopeameme, The Dopeameme Institute for Pleasure Research and the John Wick Experience. Pop-up shops: Festivalgoers perused a variety of pop-up shops and booths, such as Recycled Propaganda – with artwork aimed at encouraging critical thought; Tristan Shearer – a photographer exploring collodion photography; Essence Permanent Jewelry – a permanent jewelry activation; Sara Godbout – a confidence coach booth; Reapers Grip – with skateboard merch and accessories; 6k Industries – featuring jewelry, apparel, macrame and crochet; Krystal Kartel – selling jewelry and decorations made from healing crystals; House of Bills – with handmade arts & crafts; Mooncraft Gifts – featuring unique, custom jewelry; Pinup Ally – with alt fashion apparel; and many more. Culinary Experiences: Guests sampled bites from a diverse lineup of local vendors across the festival grounds. Here's the Beef, Medellin Empanadas, Super Chill, Taco Ave. and Truk n Yaki offered bold flavors at Fremont Street Experience; as Chī Asian Kitchen, Custom Pizza Truck, El Fuego Picante, Empanada Factory, Joel's Chophouse, Ole Manny's Seafood Shack, SoCal Churro, Sushito Sushi & Poke Bowl, Valery's Great Food and Wings on Wheels set up their mobile kitchens at Downtown Las Vegas Events Center (DLVEC). Many enjoyed the Omaha Steaks Culinary Experience located at the DLVEC, featuring an all-you-can-eat menu including whiskey-grilled steak, filet mignon burger, shrimp ceviche and more. Daily Fireworks . A fireworks display was fired from the top of the Plaza.Colorado is gearing up for the rugged Big 12 schedule, but first the Buffaloes wrap up their nonconference slate with two more games, starting Friday night when they host South Dakota State in Boulder, Colo. Colorado (7-2) has won two straight after competing in the Maui Invitational, most recently a 72-55 win over in-state rival Colorado State. Now the focus turns to South Dakota State and shoring up issues before conference play. "Defensively, we're understanding what our jobs are. Now, we're not where we need to be for sure," coach Tad Boyle said. "But we're making strides in that area. And I think the guys are getting used to playing with each other, understanding each other." The Buffaloes lost a lot of talent from last year's NCAA Tournament team but boast some quality players. Andrej Jakimovski (13.0 points per game), Julian Hammond III (12.3 ppg) and Elijah Moore (12.0 ppg) lead the team in scoring. Sophomore big man Bangot Dak has shown he can be a force after scoring a career-high 16 points in the win over Colorado State. The Jackrabbits (8-4) are coming off a 77-63 loss at Nevada on Wednesday night and complete a two-game trip in Boulder. South Dakota State is led by senior center Oscar Cluff, who tops the team in scoring (17.3 points) and rebounding (11.0) but had a subpar night against Nevada when he scored a season-low six points while battling an ankle injury. "I wish he was feeling a little better," coach Eric Henderson said of Cluff. "He's going to be fine, but he's still nursing that ankle a little bit." Freshman Joe Sayler is second on the team in scoring at 12.8 ppg and has reached double figures in each of the last three games. Sophomore Kalen Garry is third on the Jackrabbits in scoring at 9.6 per contest, an average that has been hurt by his last three games when he has averaged just 5.3 points. --Field Level MediaHow Cybersecurity Services Can Fortify Your IT Infrastructure50 jili com
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LINCOLN – The clock trickled down in the fourth quarter, and Central Valley coach Chip Bartos called timeout. His starters got together and placed their helmets on the bench. Their services would no longer be needed. “Not to brag, but we’re up by a lot, we trust our younger kids, they put up a good fight with us at practice; they pushed us really hard this year,” Central Valley senior Zaden Wolf said. “We put the helmets up, that’s how we know we got it. That last feeling, and it just feels amazing.” For the first time in program history, Central Valley won a state championship as it defeated Riverside 52-12 for the Class D-2 crown. The Central Valley football team holds up the trophy after winning the Class D-2 state championship on Monday at Memorial Stadium in Lincoln. Central Valley and Riverside are familiar with each other. They’re 22 miles away from each other, just a trip down Highway 56. The players and coaches see each other at fairs, track meets, baseball games, and some players even joined forces in fifth and sixth grade to play football. But on Monday, they were on opposite sides, on the biggest stage of all at Memorial Stadium with a championship on the line. “Close proximity and then that relationship of playing youth football together, it’s pretty special,” Bartos said. Central Valley won the coin toss before the game and elected to receive. It wanted the ball and to put the first points on the board. The Cougars marched down the field on their first drive. It took five plays to get in the end zone on a 21-yard run by sophomore Luke Shoemaker, who’d stepped up in big moments all season long. He saw his role improve dramatically after senior Grady Kelly got hurt three games into the regular season after he ran for 2,006 yards as a junior. Central Valley football head coach Chip Bartos gets water dumped on him after the Cougars won the Class D-2 state championship in Lincoln on Monday. “It was really great to have him grow and mature as a sophomore, and it looks like our future’s bright at running back for the next couple of years,” Bartos said. For Central Valley the journey to this moment started when its season was cut short of its goal last season in a 28-22 loss to South Loup in the quarterfinals. “We took that loss last year and that heartbreak and we really used it as motivation for us to not have that feeling again. The kids did just that when they came into the postseason with extra determination, extra motivation to do everything in their power for us to be successful,” Bartos said. “I really like this feeling. It’s a pretty special feeling.” But the dream of winning a state championship was formed many years ago for those that wore Navy jerseys Monday morning. “Football is my life. It means so much to me. I’ve dreamt of it since I can remember anything,” Wolf said. “Me and my friends, we’ve always talked about it and it would be so cool, so cool, so cool. We just didn’t realize it could really happen until this year, we had a real shot.” Central Valley's Grady Kelly holds off Riverside's Trevor Carraher during the Class D-2 state championship game on Monday in Lincoln. The writing was on the wall early on in the season as Central Valley was ranked as the No. 1 team in Class D-2 by the Omaha World-Herald. It held that spot until the very end and will head back to Greeley with the state championship trophy. Central Valley and Riverside met in week one, with the Cougars winning by a score of 50-42. In week three, Central Valley lost to Stanton, the defending Class D-1 state champ who was playing in the D-1 title game, in a matchup that was much closer than the score suggested. After that the Cougars waltzed through the rest of the regular season undeterred by the one in the loss column. They scored over 50 points in all but two games all season. When the playoffs came, Central Valley was ready and first beat Elm Creek 62-8, then St. Mary’s 72-26. In the quarterfinals Central Valley beat Wynot 44-6 and in the semifinals it left no doubt against previously undefeated and No. 1 seed Archangels Catholic with a 50-8 win. Riverside's Adam Glaser rushes the ball against Central Valley during the Class D-2 state championship game on Monday in Lincoln. “Boston Wood told me that every playoff game this year was (a) running clock,” Wolf said. “That’s just really special, it shows a lot about us how hard we’re going in that first half.” Monday was no different as Central Valley imposed its will early and often and jumped out to a 24-0 lead after the first quarter. “It was a great start,” Bartos said. The points kept coming for Central Valley, which took a 46-6 lead at halftime and led 46-0 at one point. Wolf had an unforgettable first half with three rushing touchdowns and finished the game with 153 yards on the ground. His longest run of the day was a 60-yard touchdown down the left side. He finished the run past the temporary eight-man end zone and ran into the “HUSKERS” lettering, where he’d seen touchdowns scored by those who’d played in state championships before him. Central Valley's Grady Kelly holds off Riverside defenders during the Class D-2 state championship game on Monday in Lincoln. “I come here every year to watch state football, and I’m like, ‘It’d be so nice to play on that field.’ And it happened and it is the greatest feeling ever,” Wolf said. The defense came out and dominated from the start for Central Valley as Riverside was unable to get much momentum. Cougars flocked to the Chargers ball carriers every play and by the end had three interceptions and two fumble recoveries. Two of those interceptions were returned for touchdowns by Gunnar Vanosdall and Wood. “That’s pretty special that we were able to get the hands on the ball, get pressure on the quarterback and make big plays like that,” Bartos said. “The offense got us going and then the defense maintained it for the rest of the game.” Riverside’s journey to the championship was a memorable one. After it lost week one to Central Valley, it won two straight before it ran into Archangels Catholic. The Chargers wouldn’t lose again until Monday as the team rattled off eight straight wins and put big numbers on the scoreboard. They were playing as well as anyone in the state. Riverside coach Cory Valasek has been alongside the senior class since it was in middle school. “They mean a lot to me. I’m gonna miss these guys,” Valasek said, fighting back tears. He helped guide them past Winside, then Creighton, beat Sandhills/Thedford in the quarterfinals 73-50 after being down at halftime. In the semifinals, Riverside beat Bruning-Davenport/Shickley 50-20 and celebrated its trip to Lincoln with fireworks and surrounded by those close to them. Riverside's Jack Molt rushes the ball against Central Valley during the Class D-2 state championship game on Monday in Lincoln. “I’m super proud of them. The way they bought into everything we did. Wish it could’ve ended different than it did. I can’t be more proud of how they’ve been leaders for our program,” Valasek said. “They’ve done everything we’ve asked them to do. They bought in and done it to the best of their ability. I’m just super proud of these guys.” Kelly, who came back in time for the playoffs, was ready for the biggest and last game of his high school career. He ran for 92 yards and a touchdown and went out on top alongside some of his closest friends. “Ending my career with a state championship is really something special,” Kelly said. “This team has really become a brotherhood, and I’m really going to miss these guys.” As the minutes ticked down and the inevitable became a reality. Central Valley’s fans that were regulars at home games in Wolbach got loud. There was no parking lot on top of a hill to back trucks into and watch the game from the bed of the tailgates, but Memorial Stadium would do. The players egged them on after shaking hands with those from Riverside. The chants and cheers continued. Players were awarded their medals and were met with hugs from Bartos and the coaching staff. After pictures and some interviews, the players and coaches celebrated with those who’d supported them all season. “Yesterday we had the entire main street packed with cars and stuff, like it’s a great support system around this community in this program and it’s a great place to be at,” Bartos said. “I’m just proud that our kids and this group can bring back a state championship.” The Cwntral Valley football team poses for a team photo after beating Riverside in the Class D-2 state championship game on Monday in Lincoln. Central Valley 52, Riverside 12 Riverside;0;6;6;0 Central Valley;24;22;6;0 First Quarter CV – Luke Shoemaker 21-yard run (2-pt good), 9:58. CV – Zaden Wolf 41-yard run (2-pt good), 5:37. CV – Zaden Wolf 60-yard run (2-pt good), 3:22. Second Quarter CV – Grady Kelly 1-yard run, 11:25. CV – Zaden Wolf 9-yard run (2-pt good), 8:39. CV – Gunner Vanosdal 33-yard interception return (2-pt good), 7:46. RIV – Dane Schalk 11-yard reception from Larry Diessner, 4:33. Third Quarter CV – Boston Wood 68-yard interception return, 4:52. RIV – Dane Schalk 8-yard reception from Larry Diessner, 1:20. INDIVIDUAL STATISTICS Rushing: R, Adam Glaser 9-70, Jack Molt 9-44, Brady Carraher 1-6, Diessner 16-1. CV, Wolf 13-153, Kelly 15-92, Shoemaker 4-38, Ky Cargill 1-2. Passing: R, Diessner 11-26-3 113, Molt 1-2-0 (-)1. CV, Wolf 1-3-0 6, Lane Foltz 0-1-1 0. Receiving: R, Schalk 4-48, Nicholas Berger 4-44, Trevor Carraher 3-7, Molt 1-13. CV, Wood 1-6. Fumble recoveries: CV, Soto, Straka. Interceptions: R, Dodds 1-2. CV, Wood 2-73, Vanosdal 1-33. Sent weekly directly to your inbox! Sports Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company,” "we,” "us,” "our company,” or "MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced its unaudited financial results for the six months ended June 30, 2024. First Half 2024 Financial and Operating Highlights About Mercurity Fintech Holding Inc. Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries specializing in distributed computing and digital consultation across North America and the Asia-Pacific region. Our focus is on delivering innovative financial solutions while adhering to principles of compliance, professionalism, and operational efficiency. Our aim is to contribute to the evolution of digital finance by providing secure and innovative financial services to individuals and businesses. And our dedication to compliance, professionalism, and operational excellence ensures that we remain a trusted partner in the rapidly transforming financial landscape. Cautionary Statement Regarding Forward Looking Statements We have made statements in this report that constitute forward-looking statements. Forward-looking statements involve risks and uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. In some cases, you can identify forward-looking statements by terminology such as "anticipate,” "estimate,” "plan,” "project,” "continuing,” "ongoing,” "expect,” "we believe,” "we intend,” "may,” "should,” "could” and similar expressions. These statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from any future results, performances or achievements expressed or implied by the forward-looking statements. These forward-looking statements include statements about: our business and operating strategies and plans for the development of existing and new businesses, ability to implement such strategies and plans and expected time; developments in, or changes to, laws, regulations, governmental policies, incentives, taxation and regulatory and policy environment affecting our operations and the cryptocurrency and blockchain industry; our future business development, financial condition and results of operations; expected changes in our revenues, costs or expenditures; general business, political, social and economic conditions in mainland China and the international markets where we base our operations. The ultimate correctness of these forward-looking statements depends upon a number of known and unknown risks and events. Many factors could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Consequently, you should not place undue reliance on these forward-looking statements. The forward-looking statements speak only as of the date on which they are made, and, except as required by law; we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to update this forward-looking information. Nonetheless, we reserve the right to make such updates from time to time by press release, periodic report or other method of public disclosure without the need for specific reference to this interim report. No such update shall be deemed to indicate that other statements not addressed by such update remain correct or create an obligation to provide any other updates. CONTACTS Mercurity Fintech Holding Inc. Hoi Yi Xian [email protected] Tel: + 1 646 283 7120 International Elite Capital Inc. Vicky Cheung Tel: +1(646) 866-7928 Email: [email protected]Falcons favored over the Raiders in Monday night matchup
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Ambassadors' visit Korea's leading research institutes for global R&D exchangeThe Onion's rejected purchase of Infowars in an auction bid supported by families of the Sandy Hook Elementary shooting dealt them a new setback Wednesday and clouded the future of Alex Jones' conspiracy theory platform, which is now poised to remain in his control for at least the near future. What's next for Infowars and Sandy Hook families' long-sought efforts to hold Jones accountable over calling one of the deadliest school shootings in U.S. history a hoax was unclear, after a federal judge in Houston late Tuesday rejected The Onion's winning bid for the site . U.S. Bankruptcy Judge Christopher Lopez in Houston said he did not want another auction but offered no roadmap over how to proceed. One possibility includes ultimately allowing Sandy Hook families — who comprise most of Jones' creditors — to return to state courts in Connecticut and Texas to collect on the nearly $1.5 billion in defamation and emotional distress lawsuit judgments that Jones was ordered to pay them. “Our hope is that when this process ends, and it will end, and it will end sooner rather than later, is that all assets that Alex Jones has available are paid to the families, and that includes Infowars, and that as a result of that process Alex Jones is deprived of the ownership and control of the platform that he’s used to hurt so many people,” Christopher Mattei, an attorney for the Sandy Hook families, said in a phone interview Wednesday. The families, meanwhile, were preparing the mark the 12th anniversary of the Dec. 14 shooting. The sale of Infowars is part of Jones’ personal bankruptcy case , which he filed in late 2022 after he was ordered to pay the $1.5 billion. Jones was sued for repeatedly saying on his show that the 2012 massacre of 20 first graders and six educators was staged by crisis actors to spur more gun control. Lopez said there was a lack of transparency in the bidding process and too much confusion about The Onion's bid. He also said the amount of money offered in the only two bids was too low and there needed to be more effort to try to raise as much money possible from the selling of Infowars' assets. The Onion's parent company, Global Tetrahedron, submitted a $1.75 million cash offer with plans to kick Jones out and relaunch Infowars in January as a parody . The bid also included a deal with many of the Sandy Hook families for them to forgo $750,000 of their auction proceeds and give it to other creditors. Lopez called it a complex arrangement that led to different interpretations of the bid's actual value as well as last-minute changes to a proposed sale order. The other bidder was First United American Companies, which runs a website in Jones’ name that sells nutritional supplements and planned to let Jones stay on the Infowars platforms. It offered $3.5 million in cash and later, with Jones, alleged fraud and collusion in the bidding process. Lopez rejected the allegations, saying that while mistakes were made there was no wrongdoing. Christopher Murray, the trustee who oversaw the auction, said he picked The Onion and its deal with the Sandy Hook families because it would have provided more money to Jones' other creditors. The next steps remained unclear Wednesday. The judge directed Murray to come up with a new plan to move forward. Murray and representatives of The Onion did not immediately return messages seeking comment. The judge said there was a possibility there could be a trial in 2025 to settle Jones' bankruptcy. He said Murray could try to sell the equity in Infowars' parent company. He also said Murray could abandon the efforts, which could allow the Sandy Hook families to return to the state courts where they won their lawsuits against Jones and begin collection proceedings against him. The judge said he wanted to hear back from Murray and others involved in the bankruptcy within 30 days on a plan to move forward. Mattei, who represented the Sandy Hook families in the Connecticut lawsuit, said everyone is waiting to see what plan the trustee comes up with. Jones, meanwhile, continued to allege fraud and collusion on his show Wednesday and threatened legal action over what he called an attempted “rigged auction.” On the social media platform X, he called the judge's ruling a “Major Victory For Freedom Of The Press & Due Process." “I don’t want to have to go after these people, lawsuit-wise, but we have to because if you don’t then you’re aiding and abetting and they do it to other people. They made some big mistakes," he said. It's a solemn and heartbreaking week for relatives of victims of the Sandy Hook shooting in Newtown, Connecticut. The 12th anniversary is Saturday, and some of the victims' relatives were traveling to Washington, D.C., to attend the annual National Vigil for All Victims of Gun Violence on Wednesday evening. The families usually mark the anniversary out of the public eye. Many of the families said their lawsuits against Jones bought back the unbearable pain of losing their loved ones, as well as the trauma of being harassed and threatened by believers of Jones' hoax conspiracy. Relatives said they have been confronted in public by hoax believers and received death and rape threats. Robbie Parker, whose 6-year-old daughter Emilie was killed, testified at the Connecticut lawsuit trial in 2022 that the decade of abuse his family suffered made them move across the country to Washington state, and even there he was accosted in person. The families have not received any money from Jones since winning the trials. Jones has been appealing the $1.5 billion in judgments, and has since conceded that the shooting did happen. Last week, a Connecticut appeals court upheld most of the judgment in that state but reduced it by $150 million. Associated Press writer Juan A. Lozano in Houston contributed to this report.
Qatar tribune Agencies The US stock market welcomed the victory of Donald Trump in the 2024 presidential election, but turbulence and uncertainty may lie ahead if the president-elect delivers on his tariff threat pledges. Much about the incoming administration’s policies remains uncertain, including whether Trump’s renewed threats last month to impose tariffs on China, Canada, Mexico and other U.S. trading partners are opening salvos to negotiating other issues, such as border security. The timing and extent of new tariffs are also unclear, and the severity of the tariffs’ impact on the U.S. could depend on whether targeted countries respond with measures of their own. Economists’ worst-case forecasts, however, paint a worrisome picture. One extreme long-term scenario run by Oxford Economics showed world trade shrinking as much as 10% and U.S. economic growth about 1% below current expectations. Tariffs will hit corporate earnings, particularly in the retail, industrial and materials sectors, while stoking inflation, other forecasts show. “Tariffs are basically bad for the economy,” said David Kelly, chief global strategist at JP Morgan Asset Management. “You can actually have a stagflationary effect of both increasing inflation pressures and reducing economic growth at the same time.” Trump’s renewed threats caused waves in foreign currency markets, but U.S. stocks largely shrugged them off as the market extended this year’s more than 26% rally, which has taken the S&P 500 to record highs. Barclays strategists estimated that proposed tariffs on Canada, Mexico and China – and any retaliatory actions – could drag S&P 500 earnings down 2.8%. The materials and consumer discretionary sectors could face double-digit earnings declines, due to their significant supply and production presence in Mexico and Canada, Barclays said. Retaliatory tariffs by targeted countries would exacerbate any earnings fallout. BofA Global Research expects a 1% hit to S&P 500 earnings if tariffs on China double to 40% while they rise to around 8% for the rest of the world, excluding Mexico and Canada. But with retaliatory tariffs, which hurt foreign sales, the earnings hit would rise to 5%, the bank’s strategists wrote. Tariffs may also increase the core measure of the personal consumption expenditures price index, a widely used inflation gauge, to around 2.5% from 2.3% next year, according to Deutsche Bank economists. The Trump campaign did not immediately respond to a request for comment.Trump has called tariffs “the most beautiful word in the world” and argued that his plans would rebuild the U.S. manufacturing base, grow U.S. jobs and incomes and earn trillions of dollars in federal revenues over 10 years. Some investors are reviewing Trump’s tariffs during his first term for insight into their potential effect this time around. The materials and industrial sectors were the market’s worst performers during a U.S.-China trade war in 2018, both falling more than 5% over a nine-month period, according to RBC Capital Markets. Defensive stocks, popular during uncertain times, posted the strongest returns, with utilities and real estate both rising more than 10%, the bank said. RBC’s strategists earlier this month downgraded the materials sector to “market weight” from “overweight,” citing its poor performance in the 2018 period as one factor. The sector has fallen 3% since Trump’s Nov. 5 election victory, versus a 4% gain for the S&P 500 over that time. The tech sector tended to underperform on days of announced U.S. tariffs or China retaliations in 2018 and 2019, with particular weakness in hardware and semiconductors, a Citi analysis showed. “However, given they remain at the forefront of the AI (artificial intelligence) story and may benefit from a front-loading of orders if tariffs are announced, we are less concerned on the immediate risk,” Citi strategists said in a recent report. Higher tariffs on China could put retailers, industrial companies and tech hardware firms in the crosshairs, said David Lefkowitz, head of U.S. equities at UBS Global Wealth Management. Popular U.S. brands such as Apple, Starbucks and Nike could face retaliatory measures, Lefkowitz said. Automakers manufacturing in Canada and Mexico could feel the heat from any tariffs, Lefkowitz said. General Motors and other auto shares sold off after Trump’s tariff pledges last month. Bullish investors point to various parts of Trump’s economic platform, including tax cuts and deregulation, that could potentially offset tariffs. Trump’s choice of prominent investor Scott Bessent to be U.S. Treasury Secretary, essentially the highest-ranking U.S. economic official, was also well received by Wall Street. Trump has also historically measured his success at least in part by the strength of the stock market, Lefkowitz said. That could make him wary of implementing tariffs to a degree that would badly hurt stocks, Lefkowitz said. “They are trying to boost U.S. growth,” Lefkowitz said. “Tariffs would end up reducing it and Trump tends to focus on how the market is performing. For that reason, the market has been downplaying so far what we have heard on tariffs.” Copy 12/12/2024 10
Is AI progress slowing down?The world of salsa is in mourning after the death of Dante Corrales Guillén, known as ‘Salsophile’, a beloved entertainer who left an indelible mark on Peruvian music. His departure has moved his colleagues and followers, who express their pain through social networks. The popular entertainer from Callao, who worked with the Zaperoko orchestra and was part of the team Brunella Torpoco died on December 5. The news was confirmed by the Chalaca group, which deeply regretted the loss of its entertainer, remembering his joy and charisma in each presentation. Brunella Torpoco also mourns the loss The news of Dante Corrales Guillén’s death also deeply affected Brunella Torpoco, who had him as an entertainer in her group for several years. In her Instagram stories, the salsa singer expressed: “Oh, my God. What pain for all of us who love you. “We are going to miss you very much.” Minutes later, Torpoco released a statement about Dante’s death. “We will always remember you, partner. May the Almighty Lord receive you in his arms and in his mercy,” said the salsera. Brunella Torpoco issued a statement regarding the death of Dante Corrales. Photo: Facebook Zaperoko pays tribute to his beloved animator This Thursday, December 5, the Zaperoko orchestra shared an emotional message on their social networks: “Today we say goodbye with a heart full of sadness to our beloved Dante Corrales, known as ‘Salsófilo’. Your joy, charisma and passion for music left an indelible mark on the Zaperoko family and on all the stages we shared.” The message continued: “Thank you for every moment, every laugh and every word that filled our performances with life. Our deepest condolences to his family and friend.” This tribute highlights the importance of ‘Salsófilo’ in the lives of his colleagues and in the country’s music scene. Who was the animator Dante Corrales? Dante Corrales was a prominent salsa entertainer in Callao and throughout Peru. Throughout his career, he was part of K’llao Salsa, the Brunella Torpoco group and the Zaperoko orchestra, with which he toured both nationally and internationally. His nickname, ‘Salsófilo’, reflects his deep passion and knowledge of salsa, a genre that accompanied him throughout his life. Join our entertainment channel
LOS ANGELES (AP) — Receiver Demarcus Robinson will not be suspended by the Los Angeles Rams this week after his arrest on suspicion of driving under the influence. Read this article for free: Already have an account? To continue reading, please subscribe: * LOS ANGELES (AP) — Receiver Demarcus Robinson will not be suspended by the Los Angeles Rams this week after his arrest on suspicion of driving under the influence. Read unlimited articles for free today: Already have an account? LOS ANGELES (AP) — Receiver Demarcus Robinson will not be suspended by the Los Angeles Rams this week after his arrest on suspicion of driving under the influence. Robinson will be available to play when the Rams (5-6) visit the New Orleans Saints on Sunday, Rams coach Sean McVay said Wednesday. “I think he does understand the severity of this, and how lucky we were that nobody was injured,” McVay said. “I do believe that he’s remorseful. We are going to let the legal process take place. The league has a process as well.” Robinson was arrested early Monday morning after California Highway Patrol officers observed a white Dodge sedan driving over 100 mph on the 101 freeway in the western San Fernando Valley, a few miles from the Rams’ training complex in Woodland Hills. The driver, who identified himself as Robinson, had “objective signs and symptoms of alcohol impairment,” the CHP said in a statement released to The Associated Press. Robinson spoke to the team and expressed remorse about his arrest, McVay and quarterback Matthew Stafford said. “I think it was a bad decision he made,” McVay said. “I don’t think that makes him a bad person, and I do believe this is something that, with the words that he said, our guys will learn from it, and hopefully nobody is ever going to repeat something like this. Let it be a learning opportunity, and a fortunate outcome that nobody was injured.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Robinson has 26 receptions for 384 yards and a team-leading six touchdown catches while starting all 11 games in his second season with the Rams. He caught a TD pass in the Rams’ 37-20 loss to Philadelphia several hours before his arrest. The nine-year NFL veteran has served as a capable No. 3 option for Stafford behind star receivers Cooper Kupp and Puka Nacua. Robinson spent his first six NFL seasons with the Kansas City Chiefs, winning a Super Bowl ring in February 2020, and spent one year with Baltimore before joining the Rams last year. “Let this be a lesson to all of us,” Stafford said. “We’re lucky with the result that came of it, to be honest with you, that nobody was hurt or injured. I know that D-Rob is a great person. I love being around him. Love him as a teammate. ... I’m just trying to support him, help him out any way I can.” ___ AP NFL: https://apnews.com/NFL Advertisement AdvertisementNorth Carolina has interviewed former New England Patriots coach and six-time Super Bowl champion Bill Belichick for its head coaching position, two people with knowledge of the situation said Thursday. Both people spoke to The Associated Press on condition of anonymity because the school isn't commenting publicly on its search. Belichick's interview, first reported by Inside Carolina, comes a week after the school fired its winningest coach in College Football Hall of Famer Mack Brown. The school announced Nov. 26 that Brown in his second stint at the school, with Brown to N.C. State. Former Cleveland Browns coach Freddie Kitchens is working as the interim coach for an upcoming bowl game as UNC conducts it search. Moving on from the 73-year-old Brown to hire the 72-year-old Belichick would mean UNC is turning to a coach who has never worked at the college level, yet had incredible NFL success alongside quarterback Tom Brady throughout most of his 24-year tenure with the Patriots . In the time since, he , notably the Atlanta Falcons in January. UNC’s opening comes at a time of rapid changes in college athletics with free player movement through the transfer portal and players able to cash in on their athletic fame with endorsement opportunities. There’s also the impending arrival of revenue sharing, part of a $2.8 billion antitrust settlement proposal that by a judge in October. “I think it's a great time for me to get out,” Brown said after Saturday's loss to the Wolfpack. “This isn't the game that I signed up for. It's changed so much.” In an earlier this week, athletic director Bubba Cunningham said all the coaches the school is talking with about its job “are playing,” with college football having reached its conference title games before unveiling the 12-team College Football Playoff and bowl assignments. Cunningham said then that “fit” was the most important thing in finding Brown’s successor. “There's a certain person that’s best suited at the right time, at the right place,” he said. “And right now, that’s we’re looking for: Where are we today, who can lead us in the next three, five, 10 years?” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: andLegible’s Thanksgiving “Living Cookbook” with AI Sous Chef by Celebrity Cristina Ferrare to be Featured on Drew Barrymore Show
NoneSacramento State knocks off Air Force 63-61BALTIMORE — One of Baltimore’s most prominent families was thrust into the spotlight this week, when a son of the clan, Luigi Mangione, was arrested by Pennsylvania police and charged in the Dec. 4 fatal shooting of UnitedHealthcare CEO Brian Thompson. Locally active in philanthropy, both via individual donations and through the Mangione Family Foundation, the Mangiones gave millions to Baltimore’s various institutions and nonprofits, including more than $1 million to the Greater Baltimore Medical Center and more to the American Citizens for Italian Matters, Baltimore Opera Company and others. Loyola University, which counts Mangione alumni among their ranks, has an aquatic center named after the family, and GBMC previously had a high-risk obstetrics unit, since closed, that bore their name. Their story is a uniquely American one: The Mangiones went from deep poverty to massive wealth in just three generations, with one cousin, Nino Mangione, now a Republican member of the Maryland House of Delegates. Despite an eventually deep portfolio of development properties and government contracting for 20 years, the family patriarch, Nicholas Mangione Sr. , said he still faced prejudice for his background when he attempted to buy land to build the Turf Valley Golf and Country Club, now the Turf Valley Resort, in Ellicott City. “Tongues started wagging,” Mangione told The Baltimore Sun in 1995. “People (were) wondering where an unknown Italian could get the money for a $5 million project. In those days, there were no Italians in real visible positions (in Howard County).” Mangione said the implication was that he must have backing from the mob, so he countered sharply. “People thought I needed money from the Mafia to buy this place. They asked me what family I belonged to,” he said. “I told them, ‘I belong to the Mangione family. The Mangione family of Baltimore County.’” The family is now defending its name again. On Monday, members released a statement on social media expressing dismay at Luigi Mangione’s arrest, saying they were stunned by the news. “We only know what we have read in the media. Our family is shocked and devastated by Luigi’s arrest. We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved,” the family wrote . “We are devastated by this news.” The family did not respond to a request for comment via a family attorney or their foundation. From poverty to philanthropic elite How they went from the Depression-era streets of the city’s Little Italy to its philanthropic elite is straight out of a Horatio Alger novel. Nicholas Sr. was born in Baltimore’s Little Italy, and spent his first eight years in a one-room apartment with an outdoor privy, according to a 2008 Sun article. He earlier told The Sun his Italian immigrant father, Louis, could neither read nor write, and worked in the city water department until he died of pneumonia. Today, the Mangione family is a sprawling one, with a business empire to match: Nicholas Sr., made the beginning of the family’s fortunes in the post-World War II years as a bricklayer and contractor . He built up his business holdings throughout the following decades, with his wife, Mary , growing their family to include five sons, five daughters, and 37 grandchildren, including Luigi. The family’s holdings range from construction to commercial real estate to local radio station WCBM-AM and a majority stake in Lorien Health Services, which operates multiple assisted living facilities in Maryland. Aside from the Turf Valley Resort, with its 10,000-square-foot ballroom, 220-room hotel, and 85-seat amphitheater, the Mangiones also own the Hayfields Country Club in Cockeysville and a slew of companies registered in Maryland . Its family foundation had net assets of $4.4M as of its 2022 tax filing , the most recent on record. The Mangione Family Foundation’s stated focus is supporting, “Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.” Politically active across the aisle Politically, the Mangiones have been active across the aisle. Luigi Mangione’s parents, Louis and Kathleen Mangione donated $35,935 to state and local politicians from 2005 through 2023, according to data from the State Board of Elections. Half went to Nino Mangione ’s campaign account for his state delegate races from 2018 through 2023. Other donations went to Howard County executives Calvin Ball and Ken Ulman, both Democrats, and Allan Kittleman, a Republican, along with additional high-profile candidates of both parties, including former Govs. Martin O’Malley and Robert L. Ehrlich, and former Baltimore Mayor Sheila Dixon. Large family The immense number of Mangiones also was briefly confusing for Baltimoreans on Monday. Aside from Nicholas Sr. and Mary Mangione’s 10 children and 37 grandchildren, city counts at least two other Mangione families, who were briefly inundated with phone calls from the media and queries from former schoolmates and acquaintances. One of Luigi Mangione’s two sisters is a physician at the University of Texas Southwestern, according to her LinkedIn profile. Another sister is a visual artist. Neither sister responded to requests for comment. His mother, Kathleen, comes from a family that owns a funeral home, the Charles S. Zannino Funeral Home in Highlandtown, the Baltimore Fishbowl reported , and now runs a travel agency, KZM Boutique Travel, which had removed its website as of Tuesday evening. His father, Louis was groomed to help take over the family’s business empire, according to a 2003 Washington Post article . ©2024 Baltimore Sun. Visit baltimoresun.com . Distributed by Tribune Content Agency, LLC.
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