Travis Kelce’s and Patrick Mahomes’ Kansas City Homes Burglarized Within 48 Hours of Each Other
Travis Kelce’s and Patrick Mahomes’ Kansas City Homes Burglarized Within 48 Hours of Each Other
Mahomes’ home was broken into early in the morning of Oct. 6, and burglars hit Kelce’s home on the evening of Oct. 7
Ralf Ibing – firo sportphoto/Getty
Patrick Mahomes and Travis Kelce
The Kansas City-area homes of Chiefs stars Travis Kelce and Patrick Mahomes were burglarized last month within 48 hours of each other, PEOPLE can confirm.
Mahomes’ eight-acre Belton, Missouri estate was broken into around midnight on Sunday, Oct. 6, according to a police report obtained by PEOPLE.
Police with the Cass County Sheriff’s Office were dispatched to the home at 12:08 a.m. on a burglary/breaking and entering call. There were no signs of forced entry to the home, according to the police report.
Less than 48 hours later, at 7:33 p.m. on Oct. 7 as the Chiefs were playing the New Orleans Saints, a break-in occurred at Kelce’s home, according to a police report obtained by PEOPLE. Leawood Police were not called to the house until 1:36 a.m. the following morning, where they reported that $20,000 was taken and a rear door was broken.
TMZ was the first to report the news.
Related: Patrick Mahomes’ Mom Randi Shows off His Childhood Home, Including Travis Kelce Mannequin and Baby Photos
Brittany Mahomes/Instagram
(L-R) Brittany, Bronze, Patrick and Sterling Mahomes
Mahomes and his wife, Brittany, bought the eight-acre parcel of land where they built their “dream home” in September 2020, Architectural Digest reported. During the summer of 2023, the Mahomes family — which includes daughter Sterling, 3, son Bronze, 23 months, and a third child, a girl, on the way — moved into the compound, which is about a half-hour’s drive from Kansas City.
In addition to the residence, it features a 50-yard-football field custom-stamped with Mahomes’ logo, a pool with a swim-up bar and par-3 golf *****.
Related: Patrick Mahomes Cuddles Kids Sterling and Bronze on the Couch in Adorable Home Photo
Kelce, meanwhile, purchased his home in Leawood, Kansas just over a year ago.
Mahomes, Kelce and the Chiefs won that game and their next four to maintain their undefeated season and bring their record to 9-0. They next face Josh Allen and the Buffalo Bills in New York, in a rematch of the 2024 AFC divisional round playoff game, on Sunday, Nov. 17.
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Premier League footballer questioned over ***** claims
Premier League footballer questioned over ***** claims
A Premier League footballer has been further questioned by police and ******** under investigation for allegedly ******* three women and ********* assaulting a fourth, the BBC can reveal.
This comes a year on from a BBC News investigation, which spoke to five women who accused the Premier League player of *****, ******* ******** or controlling behaviour.
Despite four women reporting the man, who we are calling Player X, to the police for alleged ******* offences from 2021 to 2023, he has continued to play for the club.
One woman told the BBC the lack of action from the club and governing body the Football Association contributed to her attempting to take her own life.
“I didn’t want to exist in a world where I’m constantly reminded that ***** allegations can be ignored as long as you’re talented enough,” she explained.
Another woman said they believe if Player X had been suspended after the first allegation she would not have gone on to be ********* assaulted.
The football bodies say they take ******* misconduct very seriously.
The BBC has confirmed that the footballer attended a police station on Thursday 7 November and was interviewed under caution – this was the first time he was questioned about an allegation of ***** reported last year by a fourth woman.
It has been two and half years since Player X was first arrested on suspicion of ***** in July 2022, following a report from one woman. Shortly afterwards he was also arrested for an earlier allegation of ***** from a second woman, who reported him to the police in August 2021.
Player X was questioned by police in February 2023 about allegations of ******* ******** made by a third woman.
Privacy rules regarding the identification of suspects means the BBC is not naming the footballer. The player has denied wrongdoing, the BBC understands.
One of the women, who we are calling Kira, first reported Player X to the police in August 2021 and has expressed finding the ********* process extremely strenuous, as she continues to wait for the outcome of the police investigation.
“This investigation, my only chance at justice, has drained me physically and mentally…the longer this investigation drags on, the more my trust in the system fades,” she told the BBC.
The BBC investigation from last November found seven out of 20 Premier League clubs have had players or bosses investigated by the police for ******* offences since 2020.
However, the bodies only have regulations on how to respond to allegations of this nature if they occur within “a football environment”, or if concerns relate to children or vulnerable adults. Therefore, they say the allegations against Player X do not fall under their safeguarding requirements.
This contrasts with the approach in the ******* States, where the National Football League (NFL) and Major League Baseball (MLB) have publicly-available policies for players, or staff, who have been accused of ******* or domestic *********.
The women told the BBC last November that the club, FA and Premier league are prioritising commercial interests over the safety of women.
The celebrity status of top footballers has led to calls for players who become embroiled in ********* allegations to be suspended until it has been fully investigated.
Dame Caroline Dineage, chairwoman of the Culture, Media and Sport Committee, told the BBC last year that footballers’ public role-model position means it is crucial any ******* ****** allegations are handled appropriately.
“As part of the new regulator’s role setting licensing conditions, we want to see it have the powers to take clubs to task for their approach and lack of progress when it comes to improving every aspect of equality, diversity and inclusion,” she added.
The Department for Culture, Media and Sport told the BBC that as there is an ongoing investigation this is a matter for the police, the FA and Premier League.
After first going to the police in August 2021, Kira emailed the FA, Premier League and the club about her allegations the following month “in desperation”, as she was worried about him continuing to play on such a big platform while he was being investigated.
The club told her it couldn’t discuss her allegations for legal reasons. The Premier League directed her to the FA.
More than four months after contacting the FA about her allegations, it told her in emails that it could take “no further action” as the alleged behaviour did not breach its regulations.
It stated there was “no evidence” to suggest that Player X “poses a risk of harm to children or adults at risk”. It sent her a PDF document that was titled “Football’s Safeguarding Children policy” – which did not apply to her.
“They were hiding behind their lack of policies whilst knowing that the regulations they did have set up were meant to protect profits, not victims,” says Kira.
In July 2024, Kira again approached the club, Premier League and FA – sending them evidence that she was a “vulnerable ******”.
In an email, seen by the BBC, the club told her they had passed her correspondence onto the Premier League and the FA. The Premier League told her it was unable to discuss allegations currently under police investigation. And the FA, told her it couldn’t share any details or updates regarding if any FA interventions have been taken.
“Further, we refer to our email…where we explained we are not the employer of the individual,” it added.
Speaking about the response Kira told the BBC their correspondence has “reinforced a devastating message that I don’t matter, that more women coming forward doesn’t matter, and that even when I meet safeguarding requirements, it will never matter”.
Another woman – Mia – says she believes if the FA and club had acted when they were first alerted to a ***** allegation in 2021, she wouldn’t have later gone to the house of Player X where she alleges he ********* assaulted her.
“If they had decided to take the first allegation seriously… if they had suspended him, I never would have been in that situation that I was in that day,” she told the BBC.
“Their decision caused me to suffer,” she said.
While the FA has detailed policies in place for players accused of ******** on the game, there isn’t anything similar for players accused of ******* or domestic ********* that takes place beyond the football environment.
Clubs’ responses to players and leading figures under police investigation for such offences are varied – with some opting to suspend, and others not.
Some lawyers in the *** have noted the many legal difficulties facing football clubs when considering how to deal with a player facing allegations of ******* or domestic *********, without overarching rules in place.
This month, Benjamin Mendy successfully sued Manchester City over his unpaid wages during his suspension, after he was charged with ***** and ******* ******** in 2021 and later found not guilty on all counts.
A spokesperson for the Met said: “Met officers are investigating following a number of reports of alleged ******* offences between 2021 and 2023.
“A man in his 30s was arrested in July 2022. He has since been interviewed by police on two further occasions while under caution.
“The investigation ******** ongoing and detectives are continuing with in-depth and detailed enquiries. Those who have come forward to police continue to receive support from Met officers.”
The footballer’s club and the Premier League told us they were unable to comment on an ongoing police investigation.
A spokesperson for the FA added: “Our safeguarding policies and procedures allow us to support and protect children and adults at risk within a football-related environment.”
“Regardless of where the incident took place, if the individual has a role within football, we always carry out a thorough safeguarding risk assessment and take the appropriate action if we believe there is a risk of harm to children. We are unable to comment on specific cases, but that does not mean that we haven’t taken the required action or applied appropriate safeguards within our jurisdiction.”
[email protected].***.
And if you are affected by any of the issues in this story, contact BBC Action Line for details of advice and support.
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Town devastated by alleged ******* of Elvis impersonator
Town devastated by alleged ******* of Elvis impersonator
A 75-year-old musician allegedly murdered in a rural NSW town is being remembered as a “top bloke” as his accused ******* faces court for the first time.
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Family reeling as 16-year-old victim of alleged sword-and-SUV ******* ******** in hospital
Family reeling as 16-year-old victim of alleged sword-and-SUV ******* ******** in hospital
The family of a 16-year-old from a small northern Ontario community, who was seriously injured when her ex-boyfriend allegedly hit her with his vehicle and then attacked her with a sword, say the past week has been a “big blur.”
Kaylie Smith ******** in hospital in Ottawa with serious injuries, but is in stable condition.
“It’s just like a big blur. It doesn’t seem real,” said Cindy Smith, Kaylie’s mother.
Officers responded to a collision involving a motor vehcile and a pedestrian in Cobalt, Ont. — about 500 kilometres northwest of Ottawa — on Nov. 3, according to Const. Martin Thibault of the Ontario Provincial Police (OPP).
When they arrived, Thibault says they found an 18-year-old had driven an SUV into Smith, who had just got off the bus, and then attacked her with a sword.
Thibault added that witnesses helped Smith until emergency responders arrived.
Smith’s ex-boyfriend, Phillipe Gagnon, was arrested within an hour of the ******* and ******** in custody. He faces several charges, including attempted ******* and aggravated ********.
OPP are treating the incident as intimate partner *********.
‘Doesn’t seem real’ to mom
Smith’s family has been in Ottawa by her side in hospital since she was airlifted to the city.
“One minute we’re living life, and the next minute we’re here at the hospital, fighting for her life. I just don’t get it,” Cindy said.
She described her daughter as a “beautiful, wonderful girl” who loves animals and drawing.
“I just thank **** she’s alive, and I sure hope there’s justice for this,” she said. “Nobody deserves to go through this.”
Family members describe 16-year-old Kaylie Smith, 16, as soft-spoken, sweet and helpful to others.
Family members describe Smith as soft-spoken, sweet and helpful to others. (Submitted by Paige Smith)
A handful of family members have been in the city to support Kaylie, including her cousin Paige Smith.
Paige bounced between two hotels before securing a place to stay for the “foreseeable future” with help from the community.
“It’s just been a blur,” Paige said. “When everything happened, we kind of dropped everything and headed down, worried about the consequences afterwards. You don’t really think about yourself in these moments. It’s just auto-pilot — doing what needs to be done.”
An online fundraiser to support the family’s stay in the city and Kaylie’s long recovery has raised close to $100,000. A candlight vigil was also held over the weekend.
The community of Cobalt, Ont., held a candlelight vigil for the 16-year-old victim of an ******** on Nov. 6. The teenage girl is recovering in an Ottawa hospital.
Cobalt, Ont., community members hold a candlelight vigil for Smith on Nov. 6. (Charlie Angus/X)
Accused known to police
Protesters gathered outside the Haileybury courthouse on Tuesday morning ahead of bail proceedings for Gagnon. They carried signs reading “Justice for Kaylie” and “No Bail.”
OPP confirmed Gagnon previously had dealings with police.
Court records show he assaulted Smith’s stepfather in May and received a conditional sentence and probation in October — just days before he allegedly attacked Smith.
His conditions included a prohibition on possessing weapons.
Phillip Gagnon appeared in court in Haileybury, Ont., on Nov. 13, 2024.
Phillipe Gagnon appeared in court in Haileybury, Ont., on Nov. 12. (Lauren Foster-MacLeod)
Kaylee Kennedy, one of the protesters outside the courthouse, said the situation has been heartbreaking.
“Domestic ********* is no joke. To go through something like that, her whole life has changed, and that breaks my heart,” Kennedy said. “She’s never going to be the same again.”
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Is this the final chapter of the Sue Gray saga?
Is this the final chapter of the Sue Gray saga?
Five weeks after Sue Gray resigned as the prime minister’s chief of staff, with the prospect of her being sacked hovering close, she is off again.
And just like last time, even the manner of her departure is contested.
We have been told the prime minister had decided to withdraw the offer for Ms Gray to be his envoy to the nations and regions.
And, we understand, the cabinet secretary, the most senior civil ******** in the country, had spoken to her to confirm this.
This chain of events is not disputed by other figures in government.
But Ms Gray is adamant it was her decision, we are told, and she never spoke directly to the prime minister about it.
A friend of Ms Gray told the BBC: “Sue has taken a decision not to take the role. She’s going to focus on other things.”
They added: “She’s taken time to think about it properly, talking to stakeholders, but ultimately she’s decided she doesn’t want to do it.”
It appears the prime minister had grown tired of Ms Gray’s ******** to actually start the paid, part-time job that she had been demoted into when she left Downing Street.
Given the 38 days which have gone by since it was publicly known she had been offered the new job she had yet to start, it had been clear for some time that she didn’t want to do it.
It seems reasonable to conclude, at the very least, that both sides were having second thoughts.
It also seems reasonable to say that a second bout of messy and not entirely consistent briefing from each camp underlines the central truth in all of this – the hurt, the rows, the anger, the mistrust which has been there for all to see.
Her apparent lack of enthusiasm was almost immediately evident, when she ******* to turn up at the first ever meeting of a new Council of the Nations and Regions in Edinburgh just days into the job.
What followed were daily questions to the prime minister’s official spokesman from reporters about whether she had taken up her post.
After weeks of stonewalling, an answer: no.
One insider got in touch about the envoy role and said: “We all thought it was a bad idea that would lead to endless drama and probably another resignation down the line.”
In other words, what might have seemed like a mutually convenient layby into which Ms Gray could be shunted, ended up perpetuating a rather public soap opera.
Some sceptics had seen the new gig as a non-job from the start. The government saying it isn’t looking to fill the vacancy will do little to dispel that instinct from those who thought it all along.
The Scottish National Party MP Pete Wishart mocked the news, telling the Commons: “We got the crushing news today that our British envoy to Scotland will no longer be coming there to represent this Parliament.”
“We were practicing the street parties and the haka just to be sure that she was properly welcome to the northern territories,” he added.
So, what might happen next?
Some have pondered that Ms Gray may be offered a seat in the House of Lords – but would that revive all of these issues again?
Incidentally, beyond all the noise about Ms Gray it is worth reflecting on other more recent changes in Downing Street – both in personnel and managerial instinct.
Two Blair-era Labour advisers are returning to the heart of government in senior roles – Jonathan Powell as national security adviser and Liz Lloyd as director of policy delivery and innovation.
This reconfiguration coincides with Sir Keir Starmer coming to a view four-and-a-half months into the job as prime minister that it isn’t sufficient for No 10 to merely empower government departments to ****** on with their work.
They need “a strong team captain”, as one source put it.
“This is the broader part of the post-Sue reset,” the source added, saying it amounted to a “significant reassessment” in how Sir Keir wanted to approach a job he has been learning how best to grapple with.
Ms Gray has been a case study in the early difficulties of that grappling, which Downing Street might now finally hope to have put behind it.
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Star Wars Deckbuilding Card Game Is Only $17 At Amazon
Star Wars Deckbuilding Card Game Is Only $17 At Amazon
If you like strategy card games and Star Wars, Amazon’s deal on the official Star Wars deckbuilding game should be on your radar. Star Wars: The Deckbuilding Game is discounted to only $16.67, which is the best price this year. Created by Fantasy Flight Games, this stellar adaptation of Star Wars released in 2023 with a $38 MSRP. It often sells for around $30, so Amazon’s current deal is very good.
Star Wars: The Deckbuilding Game adapts the Galactic Civil War of the original Star Wars trilogy into a two-player card game with one player controlling the Galactic Empire and the other the Rebel Alliance. Players create custom decks with cards that feature iconic Star Wars characters, vehicles, and locations, and face off in head-to-head matches (lasting roughly 30 minutes) to decide the fate of the galaxy.
Star Wars: The Deckbuilding Game
Everything you need to play comes in the box, including 140 cards players use to create their own decks, a rulebook, damage counters, resource counters, and a gameboard for tracking each player’s progress as they either save or conquer the Star Wars galaxy.
Star Wars: The Deckbuilding Game would make for a great gift for Star Wars fans this holiday. If you’re a big fan of the Clone Wars, check out the Clone Wars Edition of this deckbuilder, which Fantasy Flight released in August. Star Wars: The Deckbuilding Game – Clone Wars Edition also carries a $38 list price, but it hasn’t received any discounts yet.
The deckbuilder isn’t the only Star Wars card game created by Fantasy Flight. Earlier this year, Fantasy Flight released a collectible trading card game set in the Star Wars universe. Star Wars: Unlimited TCG debuted in March with Spark of the Rebellion. It was followed up by Shadows of the Galaxy in July. The third set, Twilight of the Republic, just released last week on November 8.
Star Wars: Unlimited TCG – Twilight of the Republic launched this month.
Twilight of the Republic focuses on the Clone Wars and includes characters such as General Grievous, Ahsoka Tano, Anakin Skywalker, Captain Rex, and more. Unlimited cards have a cool art style resembling animated Star Wars TV shows.
Booster boxes and starter sets haven’t always been easy to find at major retailers, but Amazon has some deals on them right now, including $25-$30 discounts on Shadows of the Galaxy and Twilight of the Republic Booster Boxes. Each box contains 24 packs with 16 cards per pack (384 cards total).
All three starter sets are available at Amazon, too. Each starter set comes with two pre-made decks: one led by a hero from the light side of the Force, another led by a major character from the dark side. Starter sets also contain themed deck boxes, poster playmats, counters, and the rulebook–everything you need to get up and running with ease. One interesting thing about the starter sets is that each deck features 10 exclusive cards. Here are the heroes and villains each starter deck is framed around:
Star Wars: Unlimited Trading Card Game Starter Set Cards
Star Wars: Unlimited is designed for players ages 12 and up. Like the deckbuilder, Unlimited is a fast-paced card game with matches typically lasting less than 30 minutes.
Fantasy Flight has already confirmed three expansions for next year: Jump to Lightspeed, Legends of the Force, and Secrets of Power.
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Major ***** operation across the Kimberley sees 12 people arrested for *****, firearm and stealing offences
Major ***** operation across the Kimberley sees 12 people arrested for *****, firearm and stealing offences
Twelve people have been charged with serious *****, firearm and stealing offences following a major operation in the Kimberley in which there were 12 raids across seven communities from Broome to Kununurra.
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Man escapes from SUV after driving into Canandaigua Lake from City Pier
Man escapes from SUV after driving into Canandaigua Lake from City Pier
CANANDAIGUA — A 19-year-old driver was able to escape from his vehicle and swim to shore after inadvertently driving into Canandaigua Lake early Tuesday morning.
The driver was taken to F.F. Thompson Hospital for treatment related to exposure and potential hypothermia, according to Canandaigua police.
Police said the driver had stopped his SUV on the City Pier and drove into the lake while attempting a U-turn. Police responded to the scene at 1:24 a.m. Tuesday.
Crews pull a vehicle from Canandaigua Lake on Nov. 12 after a driver accidentally drove off the City Pier.
Drugs and alcohol were not contributing factors in the accident, police said. No other people were in the vehicle and no other injuries were reported.
The driver was issued a traffic ticket for moving from a lane unsafely, police said.
This article originally appeared on MPNnow: Man drives into Canandaigua Lake from City Pier, escapes from car
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Netflix ad-supported tier has 70 million monthly users
Netflix ad-supported tier has 70 million monthly users
People wait in a line to enter “The Lab,” a “Stranger Things” Netflix series experience in Madrid on June 2, 2022.
Beata Zawrzel/ | Nurphoto | Getty Images
Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched.
The company said Tuesday that more than 50% of its new sign-ups are for ad-supported plans in countries that offer the option. Netflix said it continues “to see positive momentum and growth across all areas of the business,” adding it has seen “steady progress across all countries’ member bases.”
Netflix launched the option in November 2022 as one of its responses to a slowdown in subscriber growth.
Recently, subscriber growth hasn’t been an issue. Last month Netflix reported it added 5.1 million subscribers during the third quarter, beating Wall Street estimates. In total, Netflix counts 282.7 million memberships across all of its pricing tiers.
Beginning next year, Netflix said it will no longer update investors on its subscriber numbers as it shifts focus toward revenue and other financial metrics as performance indicators.
When Netflix launched its ad platform two years ago, the company said Nielsen would rate its content.
Netflix in May announced it would air two National Football League games on Christmas Day this year as part of a three-year deal. On Tuesday it said it sold out of its ad inventory for the two live games.
Netflix also said it’s brought on FanDuel and Verizon as advertisers for the games. FanDuel will become the exclusive pregame sportsbook ******** partner, Netflix said, and will have a sponsored in-show feature.
Media companies have been focusing on ad-supported strategies for their streaming options that woo customers with cheaper plans and also offer advertising revenue that can help move the streaming businesses toward profitability. While the ad market has been slow for traditional TV, it has grown for streaming and digital businesses.
Netflix offered its last update on its ad-supported tier in May, when it said it reached 40 million global monthly active users, nearly doubling the figure it had shared in January. That announcement came during Upfronts, when media companies make their pitches to advertisers.
Netflix also announced in May it would launch its own advertising platform, ending a partnership with Microsoft for that technology. It’s rolled out the platform in Canada and plans to launch it in the U.S. by the end of the second quarter next year. It plans to set the platform live everywhere by the end of 2025.
Don’t miss these insights from CNBC PRO
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Football regulator: EFL chief hopes ‘seminal review’ can end Premier League ‘deadlock’
Football regulator: EFL chief hopes ‘seminal review’ can end Premier League ‘deadlock’
Parry also expressed concern at “a whole raft of competition law cases which are impacting on the way that we run the game”.
He continued: “Having been left more or less free to set their own rules for many years, now the competition law authorities… seem to be saying, ‘we don’t think that the people running football are doing a terribly good job of it’.
“To be looking over our shoulder all of the time with challenges from clubs if they don’t like rules… the game will grind to a halt unless we find a solution for that.”
In September, Leicester City won an appeal against a possible points deduction for an alleged breach of financial rules, when an independent panel found the Premier League did not have the jurisdiction to punish the club as it had been relegated to the Championship when their accounting ******* ended. The ruling indicated the wording in the Premier League’s regulations was not legally sound.
Last month two aspects of the Premier League’s associated party transaction rules – which regulate commercial deals involving clubs’ owners – were deemed unlawful by a tribunal after being challenged by Manchester City, which has since threatened further legal action.
“It’s certainly getting a lot more difficult,” said Parry.
“I have no problem with us having to be more professional and to be at the top of our game because that’s where we should be. But it’s the willingness of clubs at the drop of a hat to challenge the whole system.
“You have to question how long you can function effectively while that mentality exists, and we have to find a solution to that.
“The way in which we ensure consistency of financial regulation across the two leagues isn’t working. One thing a single independent regulator will bring is that consistency.”
The legislation will “explicitly require clubs to provide effective engagement” with fans on changes to ticket prices, and any proposals to relocate home grounds. It will no longer be required to consider government foreign and trade policy when approving club takeovers, and there will be “a clear commitment” to do more to improve equality, diversity and inclusion.
Nineteen amendments have been proposed by the Fair Game campaign group, including excluding the possibility that the owner of a club could be a state or state-controlled entity, and making the state of the game review assess player ********, along with an examination of multi-club ownership.
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Dateline eyes dual revenue strategy at Las Vegas gold mine
Dateline eyes dual revenue strategy at Las Vegas gold mine
Dateline Resources has revealed a potential ace up its sleeve at its 1.1-million-ounce Colosseum gold project outside Las Vegas in California, suggesting mine waste at the gold project could provide a crucial second revenue stream converting it into construction materials to serve the bustling southern Nevada concrete market.
The latest development stems from a recently tabled scoping study over the Colosseum project, confirming, the historic mine still has plenty of legs with a net present value (NPV) of US$235m at a ************* US$2200 gold price. Also, the latest data suggests the project can enhance its economics and reduce its environmental footprint by converting waste and tailings into saleable construction materials.
Management says the Colosseum project has been reimagined for broader opportunities thanks to recent expressions of interest by local concrete sector stakeholders with regard to the supply of aggregate to the construction industry. The conversations have prompted waste-to-aggregate studies, revealing that Colosseum’s primary waste rock types meet the necessary standards for use in both concrete and asphalt production.
After submitting several samples to Alkali Silica Reactivity (ASR) for testing, the company says all of the Colosseum project samples were deemed suitable for concrete, coming in well under the maximum allowable expansion metric of 0.1 per cent.
The potential dual revenue streams from aggregate and concrete sand could significantly benefit Colosseum’s bottom line, making the project not only a gold asset but a potentially integral player in Nevada’s infrastructure growth.
With construction of the new Southern Nevada International Airport underway, local demand for aggregate is expected to skyrocket. Dateline’s studies align with this development, positioning the company to serve major roadway and airport projects just 40km from the Colosseum mine.
Management says an upcoming Definitive Feasibility Study (DFS) will incorporate further testing to assess both gold recovery optimization and the potential sales of aggregate and tailings material. Such sales could help offset capital costs early in the project lifecycle, with long-term upfront contracts with Nevada-based construction companies a potential financing source.
The old Colosseum mine has previously churned out gold as early as the late 1800s in the USA, before finally succumbing to a gold price below US$350 (A$525) an ounce in 1993 when production ceased.
In 1994, Barrick Gold made a successful takeover bid for the mine, after which Barrick held the Colosseum project for almost two decades with little work being done, believing then that only 300,000 ounces were left in reserves and the operation was too small to pursue.
Dateline acquired the Colosseum mine from Barrick in 2021, when Barrick was rationalising its non-core assets and promptly committed to the project’s first modern exploration and development program, reviewing all available exploration and production data and compiling a new digital database for both exploration planning and mineral resource modelling.
The latest scoping study at Colosseum proposes an impressive 635,000 ounces of gold production over 8.3 years could be achieved at an AISC per ounce of US$1490.
That number compares favourably to today’s gold price US$2600 an ounce or roughly AUD$4000 an ounce. Dateline will bank a total of US$1.344 billion in sales over the life of mine.
For Dateline, the growing Colosseum project now appears to present a multifaceted opportunity. While gold ******** near all-time highs and the priority, the waste-to-aggregate strategy could reshape the project’s economics particularly for early-stage mining and perhaps the projects US$138 million of pre-production Capex.
Adding another revenue stream to produce not only gold at Colosseum, but become a leader in sustainability by repurposing waste could seriously bolster returns while reducing the project’s environmental impact.
Is your ASX-listed company doing something interesting? Contact: *****@*****.tld
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Passenger Sees Worker Unscrewing Plane Part Before Takeoff
Passenger Sees Worker Unscrewing Plane Part Before Takeoff
Before taking off, a plane passenger spotted a mechanic working on the wing. Taylor Hilton says it happened on an ********* Airlines flight from Dallas to John Wayne Airport in California. Hilton says a flight attendant was also concerned and showed the video to the pilot. She says the pilot came on the intercom and informed everyone that some screws were loose and the dismantled part is for aerodynamic purposes and not required to fly safely.
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Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday.
Trump should try to bring a “common sense” approach to the annual U.N. Climate Change Conference and “continue to have the U.S. influence policy around the world,” Woods told CNBC’s “Squawk Box” on Tuesday. Woods spoke from the climate conference, which kicked off this week in Baku, Azerbaijan.
Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term. President Joe Biden signed an order to rejoin the agreement on his first day in office in 2021, a decision that Exxon supported.
Trump slammed the Paris Agreement as “horribly unfair to the U.S.” and vowed to rescind all unspent funds under the Inflation Reduction Act in an address to the Economic Club of New York in September. He made energy policy a central part of his campaign platform, calling for unconstrained fossil fuel production.
Exxon has plans to invest $20 billion through 2027 in carbon capture and storage technology, hydrogen fuel, and lithium mining in the U.S. for electric vehicle batteries.
Woods told CNBC on Tuesday that Exxon’s investments in technologies to lower emissions depend on federal tax credits that were established or expanded under the IRA. He warned that the company’s investments in these technologies would change if the incentives are weakened or repealed.
“There needs to be an incentive to reward those investments and generate a return,” Woods said. “If we find that those incentives dissipate or go away entirely, then that would definitely change our investment plans.”
Wood previously said Exxon’s oil and gas production levels will not change, at least in the short term, in response to the outcome of the U.S. presidential election.
“I’m not sure how ‘drill, baby, drill’ translates into policy,” Woods told CNBC’s “Squawk Box” on Nov. 1, referencing one of Trump’s campaign slogans.
The CEO said Exxon has not faced constraints on its shale production under the Biden administration. Exxon’s production levels are based on how much money the company can return to shareholders, not which political party is on office, he said.
Exxon shares have risen more than 20% since the start of the year,
Don’t miss these energy insights from CNBC PRO:
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The downfall of a dating fraudster
The downfall of a dating fraudster
BBC
Raymond McDonald has left a trail of shattered emotions longer than his 20-year conviction record
A prolific romance fraudster is currently serving the latest in a string of prison sentences for scamming women out of thousands of pounds through false promises of love and a luxury lifestyle. But there are fears he could be responsible for “hundreds” more victims.
Raymond McDonald, 51, has been in and out jail several times across the last two decades, beginning with a sentence for ****** in 2003 before turning his hand to romance scams.
He last left prison in December 2023 and was soon simultaneously seeing several women he met through dating sites, cheating them out of money and even pretending to marry one victim.
By August he was back in jail having left another trail of financial and emotional devastation.
Some of the women he defrauded have told the BBC the trauma they suffered at his hands was similar to that felt by victims of ******* ******** and domestic ******.
They say for all the material loss McDonald has caused, the emotional distress he leaves behind runs much, much deeper.
Family photo
McDonald invents jobs with odd working hours to allow him to simultaneously maintain several relationships
“People normally think ‘dangerous’ is somebody who can physically hurt you, make you bleed, but Raymond hurts people emotionally,” says Saad Sheban, the latest detective to put the dating fraudster from County Durham behind bars.
Yet there is little sign McDonald sees prison as anything other than a temporary reprieve for the people whose lives he shatters, with police believing the number of victims could reach three figures.
McDonald even targeted one woman while on day release from jail.
His ***** follow a familiar pattern: A distinguished army career, villa in Cyprus, working strange hours to allow him space to cultivate multiple relationships at the same time.
In reality, as Det **** Sheban describes him: “McDonald is a serial scammer who routinely preys on women who are just trying to find a life companion.”
And each chapter of his offending always ends the same way: Women ****** back.
‘What I wanted to hear’
Within days of his release from jail last December, McDonald made contact through a dating site with the first of his known targets who we are calling Paula.
He told her he was working over Christmas in a secretive military role, training foreign soldiers, but wanted to stay in touch with her during the festive season.
Paula recalls: “I said, ‘these soldiers – are they from Ukraine?’ He said he couldn’t tell me, but that I might be right.
“(He) just made you feel, I don’t know, wanted. Special. I hadn’t been in a relationship for such a long time. I suppose in hindsight, it was what I wanted to hear.”
McDonald was adept at turning on the charm, but his ***** left some feeling suicidal
McDonald wasn’t just charming Paula.
Over the next few weeks he formed relationships with several other women, arranging to meet and telling them he was newly divorced or starting a new job.
He juggled spending time with them by pretending to work shifts.
“He only wanted to meet really early – like half seven in the morning – because he said he was going to work,” one woman said.
Another was spun the line that McDonald needed to be on shift at the probation service in the evenings.
In truth, he was himself reporting to probation.
Family photo
Dishonourably discharged from the army in 2000, McDonald went from packing chickens to ******* fraudster
The women who spoke to the BBC all agreed he came across as warm, genuine and even a little vulnerable at first.
But while claiming he was shy, bereaved or recovering from a bad break-up, McDonald was taking money from them to pay for things that never materialised – from cut-price luxury items to house deposits.
Some victims believed he had property abroad, fancy cars, a log cabin in the Lake District or a caravan near Blackpool.
For one woman the ***** did not involve money, but marriage.
Still maintaining multiple relationships, McDonald jetted off to the Middle East for what his partner believed was a whirlwind wedding mere weeks into their relationship.
Police believe McDonald paid for the trip using money scammed from other victims. He made all the arrangements and showed his partner fake evidence their marriage was legal under local law.
She had no reason to suspect it was in fact all a sham, but as they returned from their “honeymoon” in March – just four months after McDonald had left prison – the net was closing in.
A post on a Facebook group called “Are We Dating The Same Guy?” played a part in revealing Ray’s true identity
Some of his victims had grown suspicious about who he really was, with Paula concerned enough to use Clare’s Law, via which people can request information about a partner’s previous offending.
“Women need to know that you can use Clare’s Law to ask about more than just convictions for domestic ******,” she says.
“You can also find out about financial ****** and coercive control.”
As Paula was getting answers, elsewhere another woman was starting to question McDonald’s motives.
He had pressured her to pay him more and more money for bargain luxury goods that never appeared, so when someone she knew offered to post about him on a Facebook group called ‘Are We Dating The Same Guy?’, she agreed.
The responses to that post were shocking.
One of the replies to the Facebook post was a link to a 2019 Northern Echo article about McDonald’s offending
Members of the group did indeed know Ray McDonald, with one posting a newspaper article from a previous trial in which the judge described him as “gutless”.
Among the people who saw the posts was his new bride.
As she read the comments, while her “husband” was sitting in another room of the same house, she says: “My world just fell.”
She made an excuse to get out and called the police who, hours later, arrested him. The women were about to discover who they had really been dating.
Who is Ray McDonald?
Giving a stark summary of Raymond McDonald, his mother says: “He’s got naff all. He’s a ******* big liar. I’ve had two nervous breakdowns because of him.”
Among the many ***** McDonald told the women he duped was that his mother was dying of *******. He even pretended to go to her ******** on Valentine’s Day.
Alive and living in County Durham, she says: “He’s hurt the women he’s stole off and promised to marry. It was a full sham.
“He just kept going and going and going. I can’t tell you how many times he’s been in jail.”
The mother McDonald claimed had ***** has strong words about her son
His family currently have no contact with him after years of dealing with the fallout from his *****.
Previous victims have come to the house and threatened his relatives, who he also had a habit of lying to.
“He even told us he was dying,” his sister says. “Got everyone in a room – even his ***** and grandad – and told us all he was dying.
“Three days later, it all came out he wasn’t.
“He doesn’t stop. He can’t. He’s fifty now. It’s like… does he want to **** in jail, alone?”
‘Just a wreck’
As with many elaborate **** tricks, not everything Raymond McDonald said was a lie.
He had indeed been in the army. Dishonourably discharged in 2000, McDonald worked briefly in a supermarket and at a factory packing chickens but soon began committing ******.
He received his first prison term in 2003. A suspended sentence was handed to him four years later, followed by four more stints in jail.
Released during the term he was given in 2019, he immediately began scamming another woman and was recalled to prison.
Within two weeks of his release last December he was back on dating sites picking targets.
When the women learned the truth, they were devastated.
“My whole world fell apart,” says one. “I was just a wreck.”
Another told us that, after detectives turned up at her house and told her what had been happening, she “couldn’t get out of bed”.
And the woman who thought she had married him added: “He said his love was real yet everything he told me about himself was a lie.”
Dr Elisabeth Carter says the psychological effect of romance scams is akin to that of ******* ******
Dr Elisabeth Carter, who advises police on offenders’ grooming methods, believes only about 15% of victims of face-to-face romance ****** come forward.
“There is this shame,” she says.
“They’ve not only lost their money. This person was right in front of them lying to their face.
“After they realise they’re the victim of a ******, they also have grief to deal with. They’ve lost the love of their life.
“The impact on victims, psychologically, of romance ****** is akin to the psychological impact of ***** and other types of ******* ****** and ********.”
Cleveland Police
McDonald is currently serving a jail sentence of four and a half years
After his latest arrest in March, McDonald initially denied all wrongdoing but later pleaded guilty to three counts of ****** by false representation.
In August he was sentenced to four and a half years in prison at Newcastle Crown Court.
The judge said he did not think the sentence would be enough for some of the victims even if it had been life.
He noted the emotional impact on the women was much greater than the financial loss suffered.
Det **** Saad Sheban believes McDonald may never stop scamming
Asked if there could be more victims living with the consequences of McDonald’s two decades of *****, Det **** Saad Sheban said: “It’ll be hundreds during this time.”
And the detective has his own theory on the character behind the *******.
“Ray was in denial. He didn’t believe he’d scammed anyone. He didn’t believe what he’d done was wrong.
“That’s what the scary part is. Once you think what you’re doing is absolutely right then you’re not going to stop.”
But he was forced to by some of the women he thought he could control.
Those who came forward say they want to take what has been a deeply traumatic experience and channel it into something positive – namely warning other women about McDonald before he is released.
“This ****** isn’t just about ******,” says one. “This man ruins lives. Some of us were left suicidal.
“Dating sites need to take more responsibility and the law needs to change. Until it does, women need to look out for other women.”
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West Coast Training Notes: John Worsfold watches on as Jeremy McGovern returns after wedding
West Coast Training Notes: John Worsfold watches on as Jeremy McGovern returns after wedding
Jeremy McGovern was a welcome sight at West Coast training, just days after his wedding, while John Worsfold was a notable observer amid his return to the club. See our full training wrap here.
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3 Reliable Dividend Stocks Offering Up To 7.1% Yield
3 Reliable Dividend Stocks Offering Up To 7.1% Yield
In the wake of recent global market developments, U.S. stocks have surged to record highs, buoyed by optimism around growth prospects and tax reforms following a significant political shift. Amidst this backdrop of economic uncertainty and evolving fiscal policies, dividend stocks stand out as a stable investment option due to their potential for consistent income generation.
Name
Dividend Yield
Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)
4.51%
★★★★★★
Guaranty Trust Holding (NGSE:GTCO)
6.90%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.03%
★★★★★★
Guangxi LiuYao Group (SHSE:603368)
3.10%
★★★★★★
GakkyushaLtd (TSE:9769)
4.47%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
4.41%
★★★★★★
FALCO HOLDINGS (TSE:4671)
6.68%
★★★★★★
CAC Holdings (TSE:4725)
4.53%
★★★★★★
E J Holdings (TSE:2153)
3.84%
★★★★★★
Citizens & Northern (NasdaqCM:CZNC)
5.37%
★★★★★★
Click here to see the full list of 1939 stocks from our Top Dividend Stocks screener.
Let’s explore several standout options from the results in the screener.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Logista Integral, S.A. operates as a distributor and logistics operator across Spain, France, Italy, Portugal, and Poland with a market cap of €3.88 billion.
Operations: Logista Integral, S.A. generates its revenue primarily from Tobacco and Related Products (€12.09 billion), followed by Transport (€889.98 million) and Pharmaceutical Distribution (€273.42 million).
Dividend Yield: 7.1%
Logista Integral proposed a total dividend of €2.09 per share for 2024, marking a 30% increase from the previous year. Despite this growth, the company’s dividends have been historically volatile and are covered by earnings with an 89.5% payout ratio and cash flows at a 78.8% cash payout ratio. While Logista’s dividend yield is among the top in Spain, its past volatility may concern some investors seeking stable income streams.
BME:LOG Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DBS Group Holdings Ltd offers commercial banking and financial services across Singapore, Hong Kong, Greater China, South and Southeast Asia, and internationally, with a market cap of SGD120.42 billion.
Operations: DBS Group Holdings Ltd generates revenue from its commercial banking and financial services operations in Singapore, Hong Kong, Greater China, South and Southeast Asia, and other international markets.
Dividend Yield: 5.1%
Story Continues
DBS Group Holdings’ dividend yield of 5.1% is below the top quartile in Singapore, and its dividend history has been volatile with significant drops over the past decade. However, dividends are currently covered by earnings with a 55.2% payout ratio and are forecasted to remain sustainable at 64%. Recent earnings growth supports this stability, with third-quarter net income rising to SGD 3.03 billion. A share buyback program worth SGD 3 billion further underscores capital management efforts.
SGX:D05 Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nittoseiko Co., Ltd. manufactures and sells industrial fasteners, tools, machinery, precision equipment, and measurement control equipment both in Japan and internationally with a market cap of ¥22.15 billion.
Operations: Nittoseiko Ltd. generates revenue from several segments, including Fasteners at ¥32.63 billion, Control Systems at ¥6.41 billion, Industrial Machinery at ¥5.64 billion, and Medical products at ¥9.93 million.
Dividend Yield: 3.1%
Nittoseiko Ltd.’s dividend yield of 3.14% is below the top quartile in Japan, and its dividend history has been volatile over the past decade. Despite this, dividends are well-covered by earnings with a payout ratio of 35.6% and cash flows at 57.4%. The stock trades at a significant discount to estimated fair value, suggesting potential for appreciation. Recent earnings growth supports future stability in dividend payments despite historical volatility concerns.
TSE:5957 Dividend History as at Nov 2024
Reveal the 1939 hidden gems among our Top Dividend Stocks screener with a single click here.
Have you diversified into these companies? Leverage the power of Simply Wall St’s portfolio to keep a close eye on market movements affecting your investments.
Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BME:LOG SGX:D05 and TSE:5957.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email *****@*****.tld
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Democrat Dave Min keeps Katie Porter’s House seat blue
Democrat Dave Min keeps Katie Porter’s House seat blue
*********** Scott Baugh has conceded to Democratic state legislator Dave Min in a heated race to succeed California Rep. Katie Porter, ensuring the toss-up Orange County district ******** in the Democratic column.
“I was looking forward to working with Democrats, Republicans and @therealdonaldtrump to solve serious problems like an open border, increasing ******, and runaway federal spending,” Baugh said in a statement Tuesday night, “but the voters have spoken and this is not what is intended for me.”
Baugh, a two-time candidate, had narrowly lost the seat two years ago to Porter.
Porter’s decision to run for Senate instead of seeking reelection — which resulted in a middling third-place finish in the primary — caused significant angst among Democrats, who feared that it would be difficult to hold the seat without her national profile and fundraising prowess.
Though the Orange County district is no longer the *********** stronghold it used to be, Porter only barely eked out a win in 2022 over Baugh, a former *********** legislator and party operative.
Min, of Irvine, survived a bruising primary against fellow Democrat Joanna Weiss, who hammered him for a ****** driving arrest. In the general election, he touted his endorsement from law enforcement groups and portrayed Baugh as close to former President Donald Trump.
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Pelican News
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Perth Scorchers likely to turn to fast bowler Bryce Jackson this summer with key outs expected
Perth Scorchers likely to turn to fast bowler Bryce Jackson this summer with key outs expected
Perth Scorchers have West *********** fast bowler Bryce Jackson ear-marked for a role as a replacement player this season in a sign they are not expecting Mitch Marsh to feature much this season.
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Pelican News
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Jill Biden’s apparent cold shoulder for Kamala Harris ignites social media
Jill Biden’s apparent cold shoulder for Kamala Harris ignites social media
Social media erupted following what many characterized as first lady Jill Biden’s icy reception for Vice President Kamala Harris as the now-former Democratic presidential nominee took an adjacent seat at Arlington ********* on Tuesday.
Harris and second gentleman Douglas Emhoff approached their row of seats from the first lady’s right as the vice president greeted and shook hands with those around her — except Biden.
“It’s safe to say that Jill Biden hates Kamala Harris’ guts,” ************* commentator Steve Cortes said while sharing a video snippet of the non-interaction.
As Harris took her seat, Biden appeared to look straight ahead through dark sunglasses.
Biden Admin Hit With Foia Suit Seeking 25Th Amendment-related Comms
Vice President Kamala Haris and first lady Jill Biden listen to President Biden deliver remarks at the National Veterans Day Observance at the Memorial Amphitheater at Arlington National ********* on November 11, 2024, in Arlington, Virginia.
“Jill Biden refused to even look at Kamala,” claimed the popular X account “End Wokeness.”
Read On The Fox News App
Journalist Andy Ngo shared a closer-up shot of the second family and first lady, describing Biden as “stone face[d]” and commenting that Harris supporters have been, in part, blaming President Biden for their candidate’s loss last Tuesday.
The interaction, or lack thereof, also received international media attention as Italian TV journalist Leonardo Panetta wrote on X in Italian that Harris was “ignored” by Biden after her defeat.
Kamala Harris, left, and Jill Biden
“Jill Biden… did not get up to greet her and then remained seated next to the vice president wearing sunglasses without deigning to look at her,” Panetta said. “Good climate in America.”
“They’re not taking the loss well,” remarked right-wing commentator Benny Arthur Johnson.
“Watch Jill Biden evidently give Kamala the cold shoulder as she arrives at Arlington National *********. Kamala shook everyone’s hand before swiftly racing past Jill as the cameras were rolling.”
Jill Biden Tells Az Commencement Crowd Community College Should Be Free In America
Left to right: Second gentleman Doug Emhoff, Vice President Kamala Harris and first lady Jill Biden place their hands over their hearts during the National Veterans Day Observance at the Memorial Amphitheater at Arlington National ********* in Arlington, Virginia, on Monday, Nov. 11, 2024.
Fellow commentator Dave Rubin added in a separate post that he hasn’t “seen two chicks that hated each other that much since Dorothy stole all the men at the Rusty Anchor from Blanche in season 7 of ‘The Golden ******’.”
“Whoever seated them together hates them both,” one user replied to Rubin.
************* author David Harris Jr. suggested there appears to be a “rift” within the party following Harris’ blowout loss to President-elect Donald Trump.
The first and second families were at the Virginia ********* to watch the president lay a wreath at the Tomb of the Unknown Soldier in remembrance of Veterans Day.
Kamala Harris
The first lady reportedly did greet Emhoff “enthusiastically,” according to a recounting by the Daily Mail, but she appeared more stoic when Harris arrived.
During the campaign, the first lady did campaign for Harris and spoke of how they bonded over the loss of close family members to ******* and other connections.
On Wednesday, the first lady will travel to her home region of Philadelphia to deliver remarks at a gala for the Philadelphia250 organization that is preparing to celebrate America’s semiquincentennial next year.
Fox News Digital reached out to a representative for the first lady, the White House and Harris’ office for comment.
Original article source: Jill Biden’s apparent cold shoulder for Kamala Harris ignites social media
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This entrepreneur started a $100 million business called Patsnap
This entrepreneur started a $100 million business called Patsnap
Jeffrey Tiong, founder and CEO of PatSnap.
Courtesy of Jeffrey Tiong.
Many entrepreneurs will say that building a successful startup is costly — both financially and emotionally.
Just ask Jeffrey Tiong. The 40-year-old is the founder and CEO of intellectual property and research and development startup Patsnap, a Singapore-based unicorn company that has surpassed an annual recurring revenue of $100 million, Tiong said in a statement in June.
Tiong’s journey in building Patsnap has been far from easy. He started the company straight out of college at age 24, and has been working on it ever since, for the past 17 years.
“Up until now, Patsnap is my first and only job,” he told CNBC Make It. “Let me put it this way: For the last 17 years, building the business, there have been many dark times [and] low times. I will not want to go through it again, but I’m grateful for this experience.”
“I have really [learned that] what cannot ***** you will make you stronger,” said Tiong.
Light bulb moment
Tiong was born and raised in a relaxed coastal city in East Malaysia called Kota Kinabalu. Growing up in a typical Southeast ****** household, he thought he would become a doctor, engineer, lawyer or accountant.
At 18, he moved to Singapore, where he attended the National University of Singapore and studied bioengineering. During his studies, Tiong was accepted into an overseas program by his university, which granted him the opportunity to study abroad in the U.S. while working full time for a year.
Jeffrey Tiong with friends during his overseas program.
Courtesy of Jeffrey Tiong.
As part of the program, Tiong moved to Philadelphia in 2005 to study business at The Wharton School while working at a local medical devices startup. During his time at the startup, he helped handle research and development, as well as intellectual property due diligence.
That meant digging through free public databases for information in old patents, which contained the “secret sauce” on how inventors created their inventions, he said.
After months of patent research, Tiong realized that the process was highly time-consuming and “messy,” which made the research more difficult than it had to be, he said. He wanted a better tool, so he thought: Why not try to make it myself?
In one of his business classes, which involved learning how to write up business plans, he decided to check if there was a market for a new kind of patent database that would be more streamlined and easy to use. As it turned out, there was.
“I was really thinking to myself, these patents are so useful. If I … learn how to read, decode, extract the key information [and] make this patent information available to as many people as possible, I think that will be really useful,” he said.
So, he took the idea and ran with it.
Self-doubt as an entrepreneur
In 2007, Tiong returned to Singapore and started Patsnap with the help of a government grant worth 55,000 Singapore dollars (about $42,000), as well as some incubation support from the National University of Singapore.
However, he encountered many challenges when starting the business.
“I remember I pitched to many people, and imagine… someone like myself, a fresh grad, no track record — it was just impossible to raise,” said Tiong. It didn’t help that he was introverted, and was trying to find investors during the height of the 2008 financial crisis, he added.
It wasn’t until 2010 that Tiong raised his first $1 million for Patsnap. That year, he grew his team from 15 people to about 50 people. But because of his inexperience with hiring and leading a team, Tiong had to layoff two-thirds of the company within half a year.
The founding team of Patsnap.
Courtesy of Jeffrey Tiong.
“Back then, I didn’t know how to properly interview and hire a person… so a lot of issues happened, and the product broke down,” he said. Within about six months, Tiong spent about half of the funding he had raised — half a million dollars — and thought about closing down the business.
“I definitely had a lot of self-doubt,” he said, “I [was] thinking: Should I just return the money to our investors and call it a day?” But he was motivated to see things through and continued to raise funds.
For about a month, Tiong and his investor traveled between major cities in Europe, Asia and the U.S. to try to gain investor support, but to no avail.
“We couldn’t get any interest, so I remember, we were in a meeting room and he just banged on the table and criticized me and said: ‘Hey, [you’re] not fit to be CEO,'” Tiong said. “So that was one big setback, because I respected him a lot, and it’s true, I didn’t have enough conviction or confidence back then.”
“That was a personal low point,” said Tiong.
Big lessons learned
It was only after years of overcoming challenges and developing his own leadership style that Tiong found more confidence as a business owner.
He discovered that he wasn’t the outgoing “rah rah” type of leader, but “you can still lead a team even if you are an introvert,” Tiong said.
“Throughout the years… because I went through so many dark times, low times, and still persisted — that is really when I look back [and realize] there was really great drive in me,” he said. “I just wanted to build something great that leaves something with the world.”
Today, Patsnap employs over 1,000 people globally and is backed by the likes of Tencent, Sequoia China and SoftBank Vision Fund 2. Some of their clients include Disney, NASA, Tesla, Adobe and more.
Tiong’s biggest dream for the company is to help make innovation easier for the world.
“In a nutshell, I think what we are doing by democratizing patent information, is we [are] actually [helping to] accelerate making innovation in the world easier and better,” he said.
“For any aspiring entrepreneurs out there, if you strongly believe in something, then just give it a try. Just go for it, because we only live life once.”
Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a ******* paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Sign up today and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024.
Plus, sign up for CNBC Make It’s newsletter to get tips and tricks for success at work, with money and in life.
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BBC exposes pubs failing to enforce safety scheme
BBC exposes pubs failing to enforce safety scheme
BBC undercover footage shows staff at venues failing to respond when an “Ask for Angela” safety request is made
Pubs, bars and clubs that have signed up for a scheme designed to protect customers who are in ***** for their safety are not implementing it, a BBC undercover investigation has found.
The Ask for Angela initiative, a not-for-profit project in place at thousands of venues nationwide, aims to provide a discreet lifeline for people who believe they are in danger.
Those with such fears are advised to use the code word “Angela”, to indicate to staff they are in need of help.
But secret filming by BBC researchers found that in half of the London venues they visited, including major chains, staff ******* to respond to the code word. The BBC received similar reports from across the ***.
It comes as more councils make participation in the scheme key to granting alcohol licences.
Our investigation found staff at large chains including Greene King, JD Wetherspoon and Simmons were among those who did not recognise the code word.
Greene King said it was concerned about the BBC’s findings and pledged to review how the Ask for Angela scheme was communicated to its teams. JD Wetherspoon said it had successfully dealt with many examples of distressed women using the scheme but would provide additional training if necessary. There was no response from Simmons.
The Ask for Angela initiative, which is aimed mainly at women but can be used by anyone feeling unsafe at a participating establishment, has spread from the *** to countries around the world, including Canada and the Netherlands, and operates in thousands of locations. The scheme is named after Angela Crompton, who was murdered by her husband.
The Ask for Angela scheme was launched in 2016 by Hayleigh Crawford, a substance misuse and ******* ********* strategic co-ordinator
Staff receive special training to recognise the word Angela as a signal someone needs help.
Upon hearing the code word, employees are meant to discreetly intervene, helping the person get to safety by reuniting them with friends, calling a taxi, or contacting the police if necessary.
Venues often prominently advertise their participation in Ask for Angela, putting posters and stickers throughout their premises, particularly in women’s toilets, and also advertise online to say they are a safe haven.
Some people say they actively seek out these establishments when arranging dates or nights out, viewing the scheme as a safety net after undergoing traumatic experiences in the past.
This woman, who the BBC is identifying only as “Kay”, was physically intimidated minutes after meeting a man she connected with through a dating app
One woman, who the BBC is naming only as “Kay”, explained how she had arranged to meet a man for the first time after connecting on a dating app, but the encounter turned into a nightmare.
“It was fine at first,” she told the BBC. “But then the night just kept getting worse and worse.”
Within minutes of sitting down together, her date began touching her inappropriately. “He started playing with my hand, and I just froze,” she recounted, visibly upset. “I pulled my hand back. I put it behind my neck. And he just kept saying, ‘give me your hand, give me your hand’.”
As she tried to leave, his behaviour worsened. “We got up and then he grabbed me by my waist. And he slid his hand all the way down. I was scared and also just a bit shocked at what’s happening because I’m like, ‘leave me alone’.”
Kay did not know about the Ask for Angela scheme but thinks that, implemented properly, it could have helped, and says she now seeks out venues that operate it.
BBC undercover researchers tested 25 London venues that advertised they were part of the Ask for Angela scheme
Following tip-offs from women and from bar staff concerned about the scheme’s implementation, BBC researchers posed as a couple on a date to test venues that actively promoted their involvement.
While most of the approaches were made by a female researcher, in a couple of instances a male researcher made a request for help, as the scheme applies to anyone feeling unsafe.
At one establishment, our undercover female researcher approached the bar, as if on distress on a date, and asked: “Is there anyone called Angela working?”
“Who?” came the confused response.
“Angela.”
“Er, no.”
“Are you sure?”
“Positive.”
This White Bear employee, who identified himself as the manager, was apparently unaware the venue was participating in the scheme
At another participating venue, which the BBC is naming, the White Bear in Hounslow in west London, a man who identified himself as the manager was unaware of the scheme.
He told our researcher: “Nobody called Angela here… 100%, I’m the manager – I know my staff.” When pressed further, he added: “Not in the last four years that I’ve been here.”
The White Bear did not answer our questions but told us that he was not working there any more and that any “insights” from the BBC’s interaction with him were “outdated and misrepresentative”.
These were not isolated incidents – 13 of the 25 venues we visited ******* to respond appropriately to the Angela code word.
The manager at Hootananny in Brixton showed how the scheme should work by immediately leading our researcher to safety
One of the venues that did demonstrate how the scheme should operate was Hootananny in Brixton, south London. When a female researcher asked for Angela and said she felt uncomfortable, the response was immediate.
“Is everything alright?” the bartender asked without hesitation, before signalling to the manager. Within seconds, our researcher was led to a safe space and was asked: “Is there anything we can help with, or anything you want to talk to us about?”
Similarly, at the White Hart in Drury Lane, central London, staff activated their response protocol when our researcher asked for Angela. The manager, Kristoff, led her outside and even arranged a safe haven at a nearby pub.
“We’re going to keep him inside,” Kristoff told our researcher. “Go to this pub on the right-hand side… Ask for Neville. He’s a friend of mine, he’s the manager over there… Stay over there for half an hour and if you want to come back, come back – we’re going to make sure he’s gone.”
At least £900,000 of public money has been spent promoting and implementing Ask for Angela across England and Wales, the BBC has found.
The biggest investment is in London, with £324,000 from the Mayor’s Women’s Night Safety Charter Fund and £32,000 from the Metropolitan Police.
Outside the capital, Knowsley Council in Merseyside invested £90,000, Colchester City Council received £77,800 from the Home Office’s Safer Streets Fund, and the West Yorkshire Combined Authority allocated £71,000. Sussex Police was awarded £296,363 from the same Home Office fund, with a portion dedicated to Ask for Angela.
The scheme is increasingly becoming embedded in official licensing policies across England and Wales.
Westminster City Council, which has the most licensed venues of any local council in the country, includes the operation of Ask for Angela as a consideration in granting licences to sell alcohol, as do Camden Council and Manchester City Council.
Dozens of other councils including Tower Hamlets, Cannock Chase, North West Leicestershire, Kirklees, Torbay, Haringey, and Havant either require or strongly encourage venues to implement the scheme as part of their licensing conditions.
The BBC’s investigation suggests the findings from London might be indicative of wider problems across the country.
Women’s safety campaigners and bar staff in Oxford, parts of the West Midlands, Manchester, Coventry, Kent and Brighton all reported concerns to the BBC about inconsistent implementation and staff training, while women’s safety organisations in Cornwall, Sheffield and Devon said the scheme had ******* to be adopted by many venues there.
Sean De Sparengo
Safety campaigner Jamie Klingler warns women are being left vulnerable by venues advertising a scheme they do not implement
Women’s safety campaigners are calling for the Ask for Angela scheme to become mandatory, with proper enforcement. Jamie Klingler from Reclaim These Streets warns: “Women take a lot of risks to go out – a lot of the time for online dates or for meeting someone you don’t know. And a lot of people check in advance to see.
“And if Ask for Angela is at a bar you’re like, ‘OK, they’ll have my back.’
“To work out it’s a figment of imagination is really horrific. We’re already telling our friends where we are; track us, have us track our phones.
“To find out [the flaws in the Ask for Angela scheme], it’s more than disappointing – it’s putting women at risk.”
‘It’s a real concern’
Sylvia Oates, director of Ask for Angela, said what the BBC had discovered was concerning.
“It’s disappointing to hear that only around half of the venues were able to respond appropriately… if somebody’s asking for Angela, they clearly need help. And if they don’t get the help that they expect, then the scheme is not working.”
She said high staff turnover in the hospitality industry could make consistent training challenging, but added this was no excuse.
“It’s a real concern that premises have got the poster up and then if somebody asks for Angela, it’s not successful,” Ms Oates said, adding that venues advertising their involvement in the scheme had a responsibility to make sure staff were trained to respond.
She is calling for stronger measures to ensure compliance.
“I believe that where a venue advertises that they operate Ask for Angela, then there should be some kind of fine or repercussion if they haven’t trained all their staff.”
Ms Oates said there needed to be a “strong deterrent” for businesses that did not train staff properly, adding that “it’s just not acceptable that people would go to a venue expecting to get help and not get the help that they need”.
She told the BBC she would be meeting MPs to discuss ways to strengthen the scheme, potentially by making participation a mandatory condition for venues with alcohol licences.
Additional reporting by Laurence Cawley
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WA Police Commissioner warns Leavers to ‘drive safe,’ police to descend on SW in ‘high numbers’
WA Police Commissioner warns Leavers to ‘drive safe,’ police to descend on SW in ‘high numbers’
The State’s top cop has warned Leavers of a “significant and targeted” police presence when thousands of teenagers descend on the South West next week.
WA Police Commissioner Col Blanch urged young people travelling to destinations including Dunsborough between November 18 to 21 to ensure they “stay safe” and “take care on the roads”.
“Have a lot of fun but be safe, don’t take risks, stay in your group, stay with your friends and don’t drink and drive,” he said.
“If something goes wrong, find the nearest police officer and ask for their help.”
New P-plater restrictions under Tom’s Law, limiting drivers to one passenger, will not be in effect until December 1 — weeks after official leavers celebrations run early next week.
Mr Blanch said police would still be focused on ensuring nobody breached current — and unrestricted — provisional driver-passenger limits during Leavers.
Camera IconWA Police Commissioner Col Blanch speaks to the media outside the ABC on Wednesday. Credit: Kelsey Reid/The West ***********
He said young people piling into cars was “always a concern” for police.
“Our job is to keep people on the road safe, we will be policing down south in extraordinarily high police numbers,” he said.
“We’ll be out there in force, and we will make sure people take care on the roads.
“Our road policing will be very targeted, very focused, particularly on young drivers…. who have more than five in a car.
Tom’s Law will consider exemptions for immediate family members, if the additional passengers have held a licence for more than four years, or if necessary for the provisional driver’s employment.
It is understood police will deploy booze buses and speed cameras during Leavers.
Mr Blanch reaffirmed that drinking alcohol or ***** taking would not be tolerated in designated Leavers zones.
“We’ll be on the lookout for behaviour and high-risk behaviour, and if we think something’s going to cause a danger to someone, we will take all enforcement action within the law against those who are down there to do something high risk,” he told ABC Radio.
Mr Blanch said a rise in road-related deaths was not deterring dangerous behaviour after a 22-year-old man was recently charged over doing a burnout in Oakford at the weekend.
Police allege an 11-month-old child was in the car and that the burnout was done as a tribute for fatal ****** victim, Jady Turner.
“I do know that individual never held a license, I understand they have had significant enforcement action taken against them,” he said.
“What it does speak to is the thinking of some members of our community, just dangerous, reckless and *******.”
“Despite all the safety messages, despite the tragedy on the road, and in this particular case, one of their friends has ***** (and for them to) still behave like that shows you how hard it is to get through some thick skulls.”
This year’s road toll sits at 157 — the worst since 2016.
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DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
(Reuters) – Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange.
A group of Dish bondholders on Monday rejected the proposed debt-exchange offer from DirecTV that was contingent upon them accepting a “haircut” of $1.5 billion.
“A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson told Reuters in an emailed statement.
“Given the outcome of the EchoStar exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight on Nov. 22.”
EchoStar and Dish did not immediately respond to Reuters requests for comment.
The proposed deal, initially announced in September, was seen as a strategic consolidation in a shrinking pay-TV market as both DirecTV and Dish face intensifying competition from streaming services.
As part of the two-step transaction, DirecTV was to pay $1 to buy the pay TV business called Dish DBS that includes Dish and Sling TV, while agreeing to assume about $9.75 billion of Dish’s debt. Dish and DirecTV launched an exchange offer at a discounted rate for the debt to help extend the maturities.
The deal will provide a crucial lifeline to EchoStar, which was co-founded by telecommunications entrepreneur Charlie Ergen and is currently saddled with more than $20 billion in debt.
(Reporting by Surbhi Misra in Bengaluru; Editing by Subhranshu Sahu)
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Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.
Anthony Prieto | Bloomberg | Getty Images
Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude.
“There is more ***** about 2025’s oil prices than there has been since years — any year I can remember, since the ***** Spring,” said Tom Kloza, global head of energy analysis at OPIS, an oil price reporting agency.
“You could get down to $30 or $40 a barrel if OPEC unwound and didn’t have any kind of real agreement to rein in production. They’ve seen their market share really dwindle through the years,” Kloza added.
A decline to $40 a barrel would mean around a 40% erasure of current crude prices. Global benchmark Brent is currently trading at $72 a barrel, while U.S. West Texas Intermediate futures are around $68 per barrel.
Stock Chart IconStock chart icon
Oil prices year-to-date
Given that oil demand growth next year probably won’t be much more than 1 million barrels a day, a full unwinding of OPEC+ supply cuts in 2025 would “undoubtedly see a very steep slide in crude prices, possibly toward $40 a barrel,” Henning Gloystein, head of energy, climate and resources at Eurasia Group, told CNBC.
Similarly, MST Marquee’s senior energy analyst Saul Kavonic posited that should OPEC+ unwind cuts without regard to demand, it would “effectively amount to a price war over market share that could send oil to lows not seen since Covid.”
However, the alliance is more likely to opt for a gradual unwinding early next year, compared to a full scale and immediate one, the analysts said.
Should the producers group proceed with their production plan, the market surplus could nearly double.
Martoccia Francesco
Energy strategist at Citi
The oil cartel has been exercising discipline in maintaining its voluntary output cuts, to the point of extending them.
In September, OPEC+ postponed plans to begin gradually rolling back on the 2.2 million barrels per day of voluntary cuts by two months in an effort to stem the slide of oil prices. The 2.2 million bpd cut, which was implemented over the second and third quarters, had been due to expire at the end of September.
At the start of this month, the oil cartel again decided to delay the planned oil output increase by another month to the end of December.
Oil prices have been weighed by a sluggish post-Covid recovery in demand from China, the world’s second-largest economy and leading crude oil importer. In its monthly report released Tuesday, OPEC lowered its 2025 global oil demand growth forecast from 1.6 million barrels per day to 1.5 million barrels per day.
The pressured prices were also conflagrated by a perceivably oversupplied market, especially as key oil producers outside the OPEC alliance like the U.S., Canada, Guyana and Brazil are also planning to add supply, Gloystein highlighted.
Bearish year ahead for oil
The market consensus is that there’ll be a “substantial” oil stock build next year, said Citibank energy strategist Martoccia Francesco.
“Should the producers group proceed with their production plan, the market surplus could nearly double… reaching as much as 1.6 million barrels per day,” said Francesco.
Even if OPEC+ doesn’t unwind the cuts, the future ofl prices is still looking break. Citi analysts expect Brent price to average $60 per barrel next year.
Further fueling the bearish outlook is the incoming administration of U.S. President-elect Donald Trump, whose return is associated by some with a potential trade war, said analysts who spoke to CNBC.
“If we do get a trade war — and a lot of economists think that a trade war is possible, and particularly against China — we could see much, much lower prices,” said OPIS’ Kloza.
Trump has also touted a “drill baby drill” policy for U.S. producers, vowing to cut energy prices in half.
For that to happen to retail gasoline prices, oil would need to drop to “below $40” per barrel, said Matt Smith, Kpler’s lead oil analyst.
Right now, retail gasoline prices are at a “sweet spot” at $3 per gallon, where consumers do not feel the pinch and input prices are still sufficiently high for producers, Smith added.
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VW launches $5.8bn partnership with Tesla rival Rivian
VW launches $5.8bn partnership with Tesla rival Rivian
Volkswagen Group (VW) and Tesla rival Rivian have launched a ****** venture, with the ******* car giant increasing its investment in the partnership.
The two companies say the the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge of $5bn by VW.
Shares in the US electric vehicle (EV) maker jumped more than 9% in after-hours trading following the announcement.
The tie-up will see the firms sharing critical technology at a time of slowing global demand for electric cars and increased competition from ******** rivals.
The ****** venture provides loss-making Rivian with a crucial source of funding as it prepares for the launch next year of its R2 model – a sports utility vehicle (SUV) that is smaller and more affordable than its current offerings.
It also means VW will be able to use Rivian’s technology in its own range of vehicles.
The first VW models equipped with Rivian technology are expected to be available to customers as early as 2027.
“By combining their complementary expertise, the two companies plan to reduce development costs and scale new technologies more quickly,” the two companies said in a statement.
Under the plan, developers and software engineers from both firms will initially work side by side in California, while three other facilities in North America and Europe will be set up.
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