Pelican Press

Rising hedge fund stars at Sohn give their top investment ideas Rising hedge fund stars at Sohn give their top investment ideas A handful of hedge fund founders took the stage Wednesday at the 2024 Sohn Investment Conference in New York to share their best investment ideas. The conference — one of the most anticipated hedge fund events of the year — kicked off with “Next Wave Sohn,” a session that features ideas from leaders in the hedge fund industry. Here are their picks: Alexandra Engler, Arene Capital Alexandra Engler, managing partner of Arene Capital, pitched Celanese as a top pick primed for sharp gains ahead. Celanese is the world’s largest producer of acetic acid and the most vertically integrated large Western producer of the compound, which drives a “durable cost advantage” for the company, according to Engler. Her fund focuses on what she called “idiosyncratic dislocations,” or situations where securities experience sudden sell-offs due to secular disruptions. Celanese shares have suffered a nearly 24% decline this year as the price of methanol — a substantial input cost in acetic acid prices — has been spiking for about 18 months due to global supply shortages. Engler sees the stock rising to $79 per share, implying 45.9% upside from Tuesday’s close. The hedge fund founder is betting on a global deficit of methanol to increase over the next three years, requiring the U.S. to increase production and drive higher methanol prices. That, in turn, should lead to a 30% price increase in U.S. acetic prices by 2028 from current levels, according to Engler’s forecast. “We believe acetic acid capacity utilization in the U.S. has bottomed,” Engler said. “With capacity stabilized, we believe higher methanol will drive higher acetic acid prices.” Kristov Paulus, Kultura Capital Management Robinhood is what Kristov Paulus calls a “hypercompetitor,” a company that builds products fast, has a strong vision and bold leaders that he believes are underestimated by Wall Street. Robinhood is Kultura Capital Management’s largest position. “Even in a more negative macro situation, this is quite reasonably priced,” said Paulus, the fund’s founder and CIO. “Underwriting this business is a hypercompetitor. This is betting on the organizations that are more likely to surprise us on the upside with products that not even we are thinking of.” Robinhood has plenty of growth catalysts and “considerable room to grow as they close the gap with incumbents,” Paulus said. “This organization is executing better than they ever have before, and we see many different ways that they can be successful.” Paulus said Robinhood’s product velocity has picked up in the last 18 months after stalling in 2021 and 2022, and that the company also has seen its customer retention rate rise since the GameStop mania in 2021. Another durable tailwind for Robinhood is the expected wealth transfer from “baby boomers” to millennial and Gen Z individuals. Paulus said the company is the the most popular brokerage among millennial and Gen Z investors in the U.S.. Robinhood also stands to grow from its highly accretive crypto offerings and expansion into retirement and international verticals, he said. Robinhood shares have jumped more than 65% this year, rallying 25% just this month. Connie Lee, Felis Advantage Fintech company nCino, which provides cloud-based software used by banks and financial institutions, is at a unique growth inflection point, according to Felis Advantage founder Connie Lee. Lee said nCino shares are attractively valued, trading at a 50% discount to vertical software peers due to challenges she views as being temporary. For example, nCino is currently changing its pricing to be based on a bank’s asset size, rather than loan officers employed. This, she said, should help accelerate the business given that the company has a significant market share of U.S. banks with $1 billion or more in assets. “nCino is a high quality business with a dominant position in a large underpenetrated market, yet it trades at a steep discount compared to peers due to a confluence of one-time events,” Lee said, adding that the company “presents a particularly asymmetric risk-reward.” “For nCino customers, nCino is one of the most important pieces of software within the technology stack. It literally drives their revenue engine. So as you can imagine, nCino is very sticky, deeply embedded and mission-critical for those customers,” Lee said. What’s more, Lee views nCino as a tariff and recession-proof stock and named the stock an “AI winner” in a world of dynamic complex banking regulations. Shares of nCino are down 28% this year. Joseph Talia, VictoryArc Holdings VictoryArc Holdings founder and CIO Joseph Talia believes Tel-Aviv Stock Exchange, or TASE, is an under-the-radar play that can triple over the next five years. “TASE is a monopoly financial infrastructure asset that we think can compound intrinsic value in the mid-20s for many years to come, aided in part by a margin expansion opportunity,” Talia said. “TASE’ products are still priced at a massive discount to global peers.” “In many ways, it is a supermarket for the capital markets of Israel — except it is the only game in town,” he added, noting that Israel’s real GDP has compounded 4% over the last 35 years and is home to underdeveloped capital markets. Talia believes that TASE offers a diversified and durable revenue stream, and said that exchanges, such as TASE, act as essential infrastructure assets with earnings streams that are generally uncorrelated to the market and broader economy. Source link #Rising #hedge #fund #stars #Sohn #give #top #investment #ideas Pelican News View the full article at [Hidden Content]

Netflix ad tier has 94 million monthly active users Netflix ad tier has 94 million monthly active users Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its peers have been increasingly leaning on advertising to boost the profitability of their streaming products. Netflix first introduced the ad-supported plan in November 2022. Netflix’s ad-supported plan costs $7.99 per month, a steep discount from its least-expensive ad-free plan, at $17.99 per month. “When you compare us to our competitors, attention starts higher and ends much higher,” Netflix president of advertising Amy Reinhard said in a statement. “Even more impressive, members pay as much attention to mid-roll ads as they do to the shows and movies themselves.” Netflix also said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network. Don’t miss these insights from CNBC PRO Source link #Netflix #tier #million #monthly #active #users Pelican News View the full article at [Hidden Content]

Newcomers feeling ********* during playoff hockey Newcomers feeling ********* during playoff hockey TORONTO – Mykhailo Ivanov never thought he’d become a diehard hockey fan. The 42-year-old had immigrated to Winnipeg a little over two years ago to escape the war in Ukraine. He didn’t know much about hockey, he said, but after he was given tickets to a Jets game he fell in love with the sport – and the community that comes with it. “I like that kind of emotion and support from other fans, from the people nearby you,” he said in a phone interview. “It’s an important part of my life now.” “It decreases or even erases those boundaries, those limits newcomers normally face.” As three ********* teams fight their way through the NHL playoffs, fans across the country are cheering from the sidelines, including those who newly call Canada home. Story continues below advertisement Some immigrants say that just as hockey is a part of ********* identity, celebrating the sport during playoff season helps them become part of it, too. Christine Munsch said when she and her husband first moved to Toronto from France about 18 months ago, they tried watching football and basketball to help them adjust to ********* life. But it was hockey that had them hooked, she said. Related Videos 2:00 Round 2 returns to Toronto with Leafs and Panthers tied Previous Video Next Video “We knew it was a big part of ********* culture,” she said in a phone interview. “I was really amazed by the quality of skating and this balance between well-done choreography and a sometimes violent game.” Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Munsch added that she was surprised by the hockey fans’ sportsmanship. In Europe, rival soccer fans are strictly separated in the stands, she said, but at hockey games the fans all sit together in good spirits, even amid playoff tensions. There’s friendship in the sport, she said. Story continues below advertisement “When people learned that we were hockey fans, they really paid more attention to us, and we got integrated a lot easier,” said Munsch, adding that she and her husband often watch playoff hockey games with friends and neighbours. Now, Munsch said they never miss a match and they closely follow all the teams. They really like the Edmonton Oilers, she said, but the Toronto Maple Leafs are their favourite. She even has her own little Carlton bear, the Leafs’ mascot. More on Sports More videos “Sometimes when I watch a game, I take him with me,” she said. Trending Now Police say nearly 200 tips have come in for missing Nova Scotia children Should home prices go down? ’No,’ says Canada’s new housing minister Meanwhile, as the Jets make their own bid for the Stanley Cup, the atmosphere in Winnipeg feels “like a permanent holiday,” Ivanov said, as fans cheer on the streets and Jets flags wave all over the city. Ivanov now has a collection of several Jets jerseys, and he also has friends from a fan club to talk all things hockey. They even make posters before playoff games that say, “Go Jets go!” The sport has helped him become part of Winnipeg’s community, he said, and it “completely changed” his life. “You feel more integrated into ********* society, you feel at home. You don’t feel like an immigrant,” said Ivanov. “You feel more *********, more local. It helps a lot.” Story continues below advertisement For Munsch, as soon as the Leafs clinched home advantage, she and her husband quickly bought tickets for the first round showdown against the Ottawa Senators. They sat in the upper level of Scotiabank Arena, she said, because “that’s where I was told the real fans are.” But Munsch isn’t just a fan. On game days, when she tells people she has to rush home to catch the puck drop on TV, they tell her the same thing every time. “They say, ‘You’re a real *********.’” This report by The ********* Press was first published May 14, 2025. &copy 2025 The ********* Press Source link #Newcomers #feeling #********* #playoff #hockey Pelican News View the full article at [Hidden Content]

Israeli Airstrikes Kill Dozens in Northern Gaza Overnight, Health Officials Say – The New York Times Israeli Airstrikes Kill Dozens in Northern Gaza Overnight, Health Officials Say – The New York Times Israeli Airstrikes Kill Dozens in Northern Gaza Overnight, Health Officials Say The New York TimesIsraeli strikes in northern Gaza kill at least 50, hospital says BBCLIVE: Netanyahu ‘rushing to escalate massacres’ in Gaza, says ****** Al JazeeraHeadlines for May 14, 2025 Democracy Now!Accused of making starvation a ‘bargaining chip,’ Israel launches another wave of strikes on Gaza NBC News Source link #Israeli #Airstrikes #Kill #Dozens #Northern #Gaza #Overnight #Health #Officials #York #Times Pelican News View the full article at [Hidden Content]

School Choice Measure Advancing in Congress Could Help Parents Pay for Faith-Based Education School Choice Measure Advancing in Congress Could Help Parents Pay for Faith-Based Education Republicans in Congress are taking steps to advance President Trump’s goal of establishing “universal school choice.” In the House of Representatives, lawmakers are aiming to allocate up to $5 billion a year for scholarships to help families send their children to private schools, including faith-based ones. Most American households would qualify, as long as their income is less than three times the local median income. On the Senate side, Sen. Bill Cassidy (R-LA) has been promoting school choice legislation called the Educational Choice for Children Act (ECCA). On Tuesday, Cassidy celebrated because the U.S. House Ways and Means Committee moved to include his initiative in a broader tax bill that would also include Trump’s tax cuts. “For years, I’ve advocated for school choice with my Educational Choice for Children Act. I am pleased to see it included in the big, beautiful bill,” said Dr. Cassidy. “Expanding President Trump’s tax cuts is about preserving the American Dream. Giving parents the ability to choose the best education for their child makes the dream possible.” If a child is stuck in a failing school, a mother should be able to move her child to a better one. That’s what my school choice bill does—and it’s in the House tax plan. A better educated American people is a better America. pic.twitter.com/tm51kiEiCT — U.S. Senator Bill Cassidy, M.D. (@SenBillCassidy) May 14, 2025 The ECCA, introduced earlier this year in the Senate by Cassidy and Sen. Tim Scott (R-SC), offers federal tax incentives to individuals and businesses that donate to scholarship-granting organizations. Donors who contribute money or stock to scholarship funds could receive a full tax credit in return. The scholarships would then help students cover a range of K–12 education expenses in both public and private schools. After the parental choice measure was officially included in the House tax bill, Rep. Adrian Smith (R-NE) wrote on X, “This is just a starting point for ECCA, and I look forward to working with my colleagues to empower parents and students as this legislation moves forward.” This morning, I joined @RepStefanik, @RepBurgessOwens, and @Jim_Jordan for a press conference after my bill to support parental choice, the Educational Choice for Children Act, was included in the @WaysandMeansGOP reconciliation package. This is just a starting point for ECCA,… pic.twitter.com/QP5T6SAene — Rep. Adrian Smith (@RepAdrianSmith) May 14, 2025 Supporters argue that the measure would give low-income and middle-class families greater access to alternatives beyond the public education system. Critics complain that the bill benefits higher-income donors who could get tax credits. And they say the initiative could siphon resources from public schools. “This is a significant threat,” claimed Sasha Pudelski of AASA, the School Superintendents Association. Similar school choice measures are advancing at the state level, too. For example, Texas recently approved a school choice bill with a $1 billion voucher program. Meanwhile, as the broader tax and school choice bill advances through Congress, the battle lines are clear: proponents argue it empowers families and expands opportunity, while opponents warn it risks undermining public education for other students. Source link #School #Choice #Measure #Advancing #Congress #Parents #Pay #FaithBased #Education Pelican News View the full article at [Hidden Content]

U.S. overdose deaths fell 27% in 2024, a new 1-year record – National U.S. overdose deaths fell 27% in 2024, a new 1-year record – National There were 30,000 fewer U.S. drug overdose deaths in 2024 than the year before — the largest one-year decline ever recorded. An estimated 80,000 people died from overdoses last year, according to provisional Centers for Disease Control and Prevention data released Wednesday. That’s down 27 per cent from the 110,000 in 2023. The CDC has been collecting comparable data for 45 years. The previous largest one-year drop was four per cent in 2018, according to the agency’s National Center for Health Statistics. All but two states saw declines last year, with Nevada and South Dakota experiencing small increases. Some of the biggest drops were in Ohio, West Virginia and other states that have been hard-hit in the nation’s decades-long overdose epidemic. Experts say more research needs to be done to understand what drove the reduction, but they mention several possible factors. Among the most cited: Story continues below advertisement Increased availability of the overdose-reversing drug naloxone. Expanded addiction treatment. Shifts in how people use drugs. The growing impact of billions of dollars in opioid lawsuit settlement money. The number of at-risk Americans is shrinking, after waves of deaths in older adults and a shift in teens and younger adults away from the drugs that cause most deaths. Still, annual overdose deaths are higher than they were before the COVID-19 pandemic. In a statement, the CDC noted that overdoses are still the leading cause of death for people 18-44 years old, “underscoring the need for ongoing efforts to maintain this progress.” 1:57 Overdose crisis escalates in Saskatoon Some experts worry that the recent decline could be slowed or stopped by reductions in federal funding and the public health workforce, or a shift away from the strategies that seem to be working. Get weekly health news Receive the latest medical news and health information delivered to you every Sunday. “Now is not the time to take the foot off the gas pedal,” said Dr. Daniel Ciccarone, a drug policy expert at the University of California, San Francisco. Story continues below advertisement The provisional numbers are estimates of everyone who died of overdoses in the U.S., including noncitizens. That data is still being processed, and the final numbers can sometimes differ a bit. But it’s clear that there was a huge drop last year. Experts note that there have been past moments when U.S. overdose deaths seemed to have plateaued or even started to go down, only to rise again. That happened in 2018. But there are reasons to be optimistic. More on Health More videos Naloxone has become more widely available, in part because of the introduction of over-the-counter versions that don’t require prescriptions. Meanwhile, drug manufacturers, distributors, pharmacy chains and other businesses have settled lawsuits with state and local governments over the painkillers that were a main driver of overdose deaths in the past. The deals over the last decade or so have promised about US$50 billion over time, with most of it required to be used to fight addiction. Another settlement that would be among the largest, with members of the Sackler family who own OxyContin maker Purdue Pharma agreeing to pay up to US$7 billion, could be approved this year. The money, along with federal taxpayer funding, is going to a variety of programs, including supportive housing and harm reduction efforts, such as providing materials to test drugs for fentanyl, the biggest driver of overdoses now. Trending Now Should home prices go down? ’No,’ says Canada’s new housing minister Parkinson’s risk higher for those living close to a golf course: study Story continues below advertisement 1:57 Study shows safer supply reduces overdose risk But what each state will do with that money is currently at issue. “States can either say, ‘We won, we can walk away’” in the wake of the declines or they can use the lawsuit money on naloxone and other efforts, said ******* LaBelle, a former acting director of the Office of National Drug Control Policy. She now heads an addiction and public policy program at Georgetown University. President Donald Trump’s administration views opioids as largely a law enforcement issue and as a reason to step up border security. It also has been reorganizing and downsizing federal health agencies. Health Secretary Robert F. Kennedy Jr. said overdose prevention efforts will continue, but some public health experts say cuts mean the work will not go on at the same level. U.S. Rep. Madeleine Dean, a Pennsylvania Democrat, asked Kennedy at a Wednesday hearing “why the hell” those changes are being made when the steep drop in deaths showed “we were getting somewhere.” Some advocates made a similar point in a call with reporters last week. Story continues below advertisement “We believe that taking a public health approach that seeks to support — not punish — people who use drugs is crucial to ending the overdose crisis,” said Dr. Tamara Olt, an Illinois woman whose 16-year-old son died of a heroin overdose in 2012. She is now executive director of Broken No Moore, an advocacy organization focused on substance use disorder. Olt attributes recent declines to the growing availability of naloxone, work to make treatment available, and wider awareness of the problem. Kimberly Douglas, an Illinois woman whose 17-year-old son died of an overdose in 2023, credited the growing chorus of grieving mothers. “Eventually people are going to start listening,” she said. “Unfortunately, it’s taken 10-plus years.” &copy 2025 The ********* Press Source link #U.S #overdose #deaths #fell #1year #record #National Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Judge orders release of Georgetown academic accused of ****** ties Judge orders release of Georgetown academic accused of ****** ties Alexandria, Virginia — A federal judge on Wednesday ordered the immediate release of a Georgetown University researcher who was detained by immigration authorities in March as part of the Trump administration’s crackdown on activists across college campuses. U.S. District Judge Patricia Tolliver Giles ordered the release of Badar Khan Suri, an Indian national and postdoctoral associate who was studying and teaching at Georgetown on a student visa and who is currently detained by ICE in Texas. Giles found that Suri’s detention violated his First Amendment and Fifth Amendment rights. Suri is married to a U.S. citizen whose father was a government official and advisor in Gaza. The government cited his alleged “close connections” to a ****** official as justification for revoking the visa, saying he was “actively spreading ****** propaganda.” In March, Suri was surrounded and detained by masked Homeland Security agents as he was returning to his home in Rosslyn, Virginia, after breaking his fast for Ramadan. One day after he was taken into custody, Giles blocked the government from deporting Suri as court proceedings played out. ACLU Attorney Sophia Gregg called Suri’s detention an “ongoing infringement” on his constitutional rights that “chills the speech of millions and millions” across the country who are protesting the ongoing war in Gaza. In a statement after the ruling, the ACLU’s legal director in Virginia Eden Heilman called Suri’s detention an “unprecedented attack by this administration designed to punish students and academics for their views.” The Justice Department, as it did in the cases of other students who were detained for what the government has classified as “******** protests,” said that only immigration judges could free Suri and that the government had a right to detain him until his removal proceedings were finalized. Giles disagreed with their arguments. “The government has consistently made that argument across multiple jurisdictions,” Giles said. “No one has adopted that.” She said in her order from the bench that she has jurisdiction to free Suri while his habeas proceedings play out in Virginia and his removal proceedings continue. Giles also refuted the government’s claims that he has ties to ****** through his father-in-law. Despite public statements from the White House and other Trump administration officials about Suri, his wife and father-in-law, Giles said “there was no evidence submitted to this court regarding statements that he made,” in support of ******. “I join several other courts… that speech regarding the conflict [in Gaza] and opposing Israel’s military actions are likely protected First Amendment speech,” Giles said, adding that she finds Suri’s “detention and apprehension was caused by his speech.” Earlier this month, Giles ruled that she has appropriate jurisdiction in the case and that the Eastern District of Virginia is the proper venue, siding with Suri’s attorneys despite a Justice Department argument that the case should be moved to Texas, where Suri is detained. In their initial court filings, Suri’s attorneys said his detention is “unjustified” and violates his due process rights. They argued that the Trump administration’s targeting of noncitizens for removal based on protected speech, namely his and his wife’s views of Israel and Gaza, is “arbitrary and capricious” and constitutes viewpoint discrimination. They said that he has no criminal record and has not been charged with any crime. The complaint alleged that the couple had “long been doxxed and smeared” online by an “anonymously-run blacklisting site” known as The Canary Mission. The site alleges that Saleh, who Suri’s attorneys said is a U.S. citizen, “has worked for ******, expressed support for ****** terrorism and called for Israel’s destruction,” according to a profile dedicated to her on the site. The Canary Mission, the complaint said, runs a blacklist of individuals who its creators believe support ************ rights and “is infamous for bullying, slandering, and defaming academics and students.” The complaint also alleges that the couple were “smeared” by other websites. A Georgetown University spokesperson said Suri obtained his visa “to continue his doctoral research on peacebuilding in Iraq and Afghanistan.” “We are not aware of him engaging in any ******** activity, and we have not received a reason for his detention,” the school spokesperson told CBS News. “We support our community members’ rights to free and open inquiry, deliberation and debate, even if the underlying ideas may be difficult, controversial or objectionable. We expect the legal system to adjudicate this case fairly.” Giles ordered Suri’s release with no bond and no conditions, finding that he was not a flight risk or a danger to the community. Jacob Rosen Jake Rosen is a reporter covering the Department of Justice. He was previously a campaign digital reporter covering President Trump’s 2024 campaign and also served as an associate producer for “Face the Nation with Margaret Brennan,” where he worked with Brennan for two years on the broadcast. Rosen has been a producer for several CBS News podcasts, including “The Takeout,” “The Debrief” and “Agent of Betrayal: The Double Life of Robert Hanssen.” Source link #Judge #orders #release #Georgetown #academic #accused #****** #ties Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Goldfields-Esperance has second-lowest number of resident medical specialists in regional WA Goldfields-Esperance has second-lowest number of resident medical specialists in regional WA A new health report says the Goldfields-Esperance has the second-lowest number of resident medical specialists in regional WA. Rural Health West’s Profile of the Rural Resident Specialist Workforce 2024 says there are 205 specialists across regional WA — 12 more than the previous year and 28 per cent higher than a decade ago. The study found more than half were internationally trained, the average age was 52, and the most common specialties were paediatrics, general surgery and emergency medicine. However, the Goldfields-Esperance region had only 5.4 per cent of the rural resident specialist population, with 11 workers residing in the area — three specialists in general medicine, one in general surgery, two in obstetrics/gynaecology, four in paediatrics, and one in psychiatry. That was the second-lowest in the State — having seven more specialists than the Wheatbelt. Currently, the South West has the most specialists, with 95 workers making up 46.3 per cent of the regional total. The study also said South West specialists remained in the region for nine years on average, 1.2 years more than the average length of time of those in the Goldfields-Esperance region. However, in 2020 there were only four medical specialists who worked and resided in the Goldfields-Esperance, and the region has had a 1.4-year increase of its length of residence since 2021. Rural Health West chief executive Catherine Elliott said she was heartened to see growth in the Goldfields-Esperance region’s health professionals but believed there was still room for improvement to increase the region’s workforce. “It’s heartening to see gradual growth in the number of resident specialists in the Goldfields and even more encouraging to see the average length of stay increasing,” she said. “However, we need to see continued investment in rural training pathways, housing, partner support and supervision if we want to attract and retain the next generation of specialists to the regions.” The data within the study was gathered at the census date of September 30, 2024. Source link #GoldfieldsEsperance #secondlowest #number #resident #medical #specialists #regional Pelican News View the full article at [Hidden Content]

Wisconsin judge argues prosecutors can’t charge her with helping a man evade immigration agents Wisconsin judge argues prosecutors can’t charge her with helping a man evade immigration agents MADISON, Wis. (AP) — A Wisconsin judge charged with helping a man who is in the country illegally evade U.S. immigration agents who were trying to detain him at her courthouse filed a motion to dismiss the case Wednesday, arguing that there’s no legal basis for it. Attorneys for Milwaukee County Circuit Judge Hannah Dugan argue in their motion that her conduct on the day in question amounted to directing people’s movement in and around her courtroom, and that she enjoys legal immunity for official acts she performs as a judge. They cite last year’s U.S. Supreme Court ruling in President Donald Trump’s 2020 election interference case that found that former presidents have absolute immunity from prosecution for official acts that fall within their “exclusive sphere of constitutional authority” and are presumptively entitled to immunity for all official acts. “The problems with the prosecution are legion, but most immediately, the government cannot prosecute Judge Dugan because she is entitled to judicial immunity for her official acts,” the motion says. “Immunity is not a defense to the prosecution to be determined later by a jury or court; it is an absolute bar to the prosecution at the outset.” The judge overseeing her case is Lynn Adelman, a former Democratic state senator. Former President Bill Clinton appointed him to the bench in 1997. A spokesperson for the U.S. attorney’s office in Milwaukee didn’t immediately respond to an email seeking comment. Federal prosecutors charged Dugan in April with obstruction and concealing an individual to prevent arrest. A grand jury indicted her on the same charges on Tuesday. She faces up to six years in prison if convicted of both counts. Her attorneys insist Dugan is innocent. She’s expected to enter a not guilty plea at her arraignment Thursday. Dugan’s arrest has escalated a clash between the Trump administration and Democrats over the Republican president’s sweeping immigration crackdown. Democrats contend that Dugan’s arrest went too far and that the administration is trying to make an example out of her to discourage judicial opposition to the crackdown. Dugan’s case is similar to one brought during the first Trump administration against a Massachusetts judge, who was accused of helping a man sneak out a courthouse back door to evade a waiting immigration enforcement agent. That case was eventually dismissed. According to prosecutors, Eduardo Flores-Ruiz illegally reentered the U.S. after being deported in 2013. He was charged in March with misdemeanor domestic violence in Milwaukee County and was in Dugan’s courtroom for a hearing in that case on April 18. Dugan’s clerk alerted her that immigration agents were in the courthouse looking to arrest Flores-Ruiz, prosecutors allege in court documents. According to an affidavit, Dugan became visibly angry at the agents’ arrival and called the situation “absurd.” After discussing the warrant for Flores-Ruiz’s arrest with the agents, Dugan demanded that they speak with the chief judge and led them away from the courtroom. She then returned to the courtroom, was heard saying something to the effect of “wait, come with me,” and then showed Flores-Ruiz and his attorney out a back door, the affidavit says. The immigration agents eventually detained Flores-Ruiz outside the building following a foot chase. “The government’s prosecution here reaches directly into a state courthouse, disrupting active proceedings, and interferes with the official duties of an elected judge,” Dugan’s motion states. The state Supreme Court suspended Dugan from the bench last month, saying the move was necessary to preserve public confidence in the judiciary. A reserve judge is filling in for her. Source link #Wisconsin #judge #argues #prosecutors #charge #helping #man #evade #immigration #agents Pelican News View the full article at [Hidden Content]

Nintendo Switch 2 official specs confirm GPU similar to a mobile RTX 2050 Nintendo Switch 2 official specs confirm GPU similar to a mobile RTX 2050 Leaked hardware specifications of the upcoming Nintendo Switch 2 have been circulating for a while, but we now have official confirmation of the new console’s specs. Digital Foundry has claims it has officially confirmed that the Switch 2 will feature a custom Nvidia SoC with an Ampere-based GPU, 12GB of memory, and 256GB of storage. The CPU portion of the custom SoC sports eight ARM Cortex A78C cores, featuring the ARMv8 64-bit instruction set and cryptography extensions. Feeding the cores are four cache layers: a 64KB L1 instruction cache, a 64KB L1 data cache, 256KB of L2 cache per core, and 4MB of L3 cache that is shared among all eight cores. Nintendo Switch 2 Confirmed Specs: CPU, GPU, Memory, System Reservation + More – YouTube Watch On Digital Foundry clarified that six of the CPU cores will be available for games, while two will be strictly reserved for the operating system. This isn’t new; it’s a method used in the current Switch as well as in other modern consoles, such as the PS5. The CPU has an official maximum clock speed of 1.7 GHz; however, for the Switch 2, the developers have opted to run the CPU at a significantly lower speed: 1.1 GHz in “portable” mode and 0.998 GHz in “docked” mode. (That is not a typo; the CPU operates at a lower clock speed when docked, for unknown reasons.) The GPU portion of the SoC is based on Nvidia’s two-generation-old Ampere architecture and sports 1,536 CUDA cores. The physical chip itself is rated for up to 1,400 MHz, but — similar to the CPU — Nintendo has opted to run the chip at significantly lower speeds on the Switch 2. In “portable” mode, the chip will operate at 561 MHz, and in “docked” mode, 1,007 MHz. The Switch 2’s Ampere GPU resembles Nvidia’s RTX 3050 and RTX 2050 mobile GPUs (the latter of which is also Ampere-based). Compared to these GPUs, the Switch 2’s counterpart has 512 fewer CUDA cores (2,048 vs 1,536) and runs at significantly lower clock speeds. Adding Ampere to the Switch 2 will give the console real-time ray-tracing capabilities and DLSS support. Nintendo has not announced any games with real-time ray-tracing capabilities, but Digital Foundry and other outlets have demonstrated that it is possible on the RTX 2050 mobile. By contrast, several games have been confirmed to be coming with DLSS support, with Cyberpunk 2077 in particular offering variable real-time resolution scaling with DLSS (a feature of DLSS that is exceptionally rare to see, even on PC). The memory subsystem is powered by two 6GB LPDDR5X memory modules (12GB total) operating on a 128-bit memory interface. The chips themselves operate at 2,133 MHz in “portable” mode and 3,200 MHz in “docked” mode. This translates to 68 GB/s of memory bandwidth in “portable” mode (2,133 MHz) and 102 GB/s of bandwidth in “docked” mode (3,200 MHz). 9GB of memory capacity is available for games to take advantage of, while the remaining 3GB is reserved strictly for the OS. Storage consists of 256GB of internal UFS-based storage and a microSD Express card slot capable of supporting cards with up to 2TB capacity. To speed up storage decompression, the custom Nvidia SoC sports a dedicated decompression block dedicated to decompressing data from the Switch 2’s SSD (and/or SD slot) into memory. The Switch 2’s compression block supports the LZ4 format that is built into Nintendo’s NSP package. The Nintendo Switch 2 is the successor to the original Switch, which debuted all the way back in 2017. The new variant will arrive on June 5, 2025, for $449. Follow Tom’s Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. You may like Get Tom’s Hardware’s best news and in-depth reviews, straight to your inbox. Source link #Nintendo #Switch #official #specs #confirm #GPU #similar #mobile #RTX Pelican News View the full article at [Hidden Content]

Clinical trials ‘roadmap’ launched in Bunbury in bid to converge medical research Clinical trials ‘roadmap’ launched in Bunbury in bid to converge medical research A clinical trials “roadmap” will be launched in Bunbury today that aims to set out a plan to bring together research by universities, hospitals and medical research institutes to improve health outcomes. The Cook Government will unveil the WA-first plan at the Future Health Research and Innovation Fund Open Day in Busselton on Thursday. It sets out a plan to build a “strong clinical trials ecosystem that brings together universities, hospitals, medical research institutes, industry sponsors, consumers, and the WA Health system”, the government says. “The WA Clinical Trials Roadmap is a bold strategy to take our State’s clinical research to new heights by empowering our talented researchers and building global partnerships,” Medical Research and Science Innovation Minister Stephen Dawson said. “The Roadmap will deliver innovative, evidence-based treatments and make a real difference for the people of WA and beyond. “The Cook Government is committed to building a strong clinical trials ecosystem that attracts investment, improves care, and puts WA at the forefront of personalised, precision medicine.” Source link #Clinical #trials #roadmap #launched #Bunbury #bid #converge #medical #research Pelican News View the full article at [Hidden Content]

Here’s who’s getting the Army’s first long-range assault aircraft Here’s who’s getting the Army’s first long-range assault aircraft NASHVILLE, Tenn. – The U.S. Army will field its first Future Long-Range Assault Aircraft, commonly known as FLRAA, to the Screaming Eagles of the 101st Airborne Division at Fort Campbell, Kentucky, the Army vice chief of staff told an audience at the Army Aviation Association of America’s annual conference Wednesday. “That decision was based on their mission profile and theater demands,” Gen. James Mingus said in prepared remarks. “This decision makes sense, the 101st is a formation built to deploy rapidly and operate in austere conditions. The 101st flies into real world contested environments, across wide terrain, often without the luxury of fixed support infrastructure. They need speed, endurance, and reliability.” The operational insights from that first fielding “will shape initial doctrine, sustainment models, and maneuver concepts,” Mingus stated. “And we’re not waiting for a distant out-year to make this thing real. Under the Army Transformation Initiative, we are driving to get this aircraft online years ahead of schedule.” When the Army will field these first aircraft remains to be seen, but the service has recently vowed to move faster to build and field the first FLRAA that is presently expected to be delivered in 2030. “We expect to field the first aircraft in 2030 and that’s according to the plan as it stands today,” Col. Jeffrey Poquette, the service’s project manager for the program, told Defense News in an interview earlier this spring. He added that there “are opportunities … the Army is looking at to potentially see if we can go do something different and there’s different risks for going faster.” Army Chief of Staff Gen. ****** George testified during a recent House Appropriations defense subcommittee hearing that he thinks the Army could move up the timeline to 2028. “We’re just figuring out what we can do by working with them on how we can pull it as far left,” George said. The service is finalizing its design for FLRAA by the end of the year that will ultimately take the place of UH-60 ****** Hawk utility helicopters. Bell beat out Lockheed Martin’s Sikorsky and a Boeing team following a competitive technology demonstration phase, in which each company built a flying demonstrator. Sikorsky and Boeing’s Defiant X featured coaxial rotor blades. The design process for FLRAA, which will culminate in a critical design review either sometime toward the end of this fiscal year or in the beginning of the next, has allowed the Army to move much faster than in previous aircraft development programs, Poquette said. “When we had our … preliminary design review we got to see and have access to that design on a level we’ve never had, which is going to make for a much better CDR,” he said. “We have a compressed test schedule. That’s really where the benefits of digital engineering are going to pay off.” Source link #Heres #whos #Armys #longrange #assault #aircraft Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

RB Henry agrees to $30M extension with Ravens – ESPN RB Henry agrees to $30M extension with Ravens – ESPN RB Henry agrees to $30M extension with Ravens ESPNRavens, Derrick Henry agree to two-year, $30 million contract extension The New York TimesDerrick Henry makes historic career move after sensational 2024 season with Baltimore Ravens Daily MailRavens, RB Derrick Henry agree to terms on two-year, $30 million extension NFL.comDerrick Henry, Ravens agree to two-year extension NBC Sports Source link #Henry #agrees #30M #extension #Ravens #ESPN Pelican News View the full article at [Hidden Content]

Matildas’ upcoming visit to Bunbury hailed as milestone moment which will supercharge soccer’s growth Matildas’ upcoming visit to Bunbury hailed as milestone moment which will supercharge soccer’s growth The Matildas’ upcoming game in the South West has been hailed a milestone moment which will supercharge the explosive growth the sport has seen in recent years. Source link #Matildas #upcoming #visit #Bunbury #hailed #milestone #moment #supercharge #soccers #growth Pelican News View the full article at [Hidden Content]

Man accused of ********* assaulting woman at downtown Tuscaloosa parking deck Man accused of ********* assaulting woman at downtown Tuscaloosa parking deck A 28-year-old man was arrested in connection with the ******* assault of a woman that was reported May 10 at a downtown Tuscaloosa parking deck. Wynton Qushawn Rice was charged with first-degree *******, first-degree ***** and second-degree assault. He was placed in the Tuscaloosa County Jail with bond set at $5,000. According to court documents, a woman reported to police that she’d been in the women’s restroom at the city’s intermodal facility parking deck, 601 23rd Ave. at around 4 a.m. when a man entered the bathroom and broke into the stall she was occupying. She said the man, armed with a knife, demanded sex and then assaulted her. More: Accessing local journalism is even easier with the News app The woman told police that she sustained a small cut from the knife during the alleged assault. According to court documents, Tuscaloosa police pulled surveillance video from the deck showing a man, who investigators believe was Rice, entering the bathroom just after 4 a.m. and leaving about 30 minutes later. Rice was found by police May 11 and initially told police he hadn’t been in the area. He gave conflicting statements when confronted with surveillance footage, according to investigators. Tuscaloosa police ultimately arrested and charged Rice in connection with the May 10 assault. Reach Jasmine Hollie at *****@*****.tld. This article originally appeared on The Tuscaloosa News: Woman says she was ********* assaulted at Tuscaloosa parking deck Source link #Man #accused #********* #assaulting #woman #downtown #Tuscaloosa #parking #deck Pelican News View the full article at [Hidden Content]

Judge orders release of Georgetown fellow detained by immigration authorities – ABC News Judge orders release of Georgetown fellow detained by immigration authorities – ABC News Judge orders release of Georgetown fellow detained by immigration authorities ABC NewsGeorgetown scholar Badar Khan Suri released after months in ICE detention NBC NewsJudge Orders Georgetown Academic Released From Immigration Detention The New York TimesJudge orders release of Indian academic detained by Ice over pro-************ views The GuardianJudge orders release of Georgetown scholar Trump admin is seeking to deport Politico Source link #Judge #orders #release #Georgetown #fellow #detained #immigration #authorities #ABC #News Pelican News View the full article at [Hidden Content]

House GOP pulls all-nighter as they try to push Trump’s “big, beautiful bill” forward House GOP pulls all-nighter as they try to push Trump’s “big, beautiful bill” forward Washington — The House is pushing forward on President Trump’s “one, big beautiful bill,” as the final committees considered some of the most contentious parts of the major budget package aimed at addressing the president’s defense, energy and tax priorities. The Ways and Means, Energy and Commerce and Agriculture committees began meeting Tuesday to debate and vote on their proposals as Republicans remained divided on a number of major issues — from Medicaid to tax cuts. After a nearly 18-hour markup, the Ways and Means panel, which is responsible for the tax portions of the bill, advanced its portion of the legislation Wednesday morning, in a 26-19 vote. But the key sticking point, a cap on the state and local tax deduction, often referred to as SALT, appeared to go unresolved. Republicans who represent blue states have pushed for an increase to the $10,000 cap, but balked at a proposed $30,000 cap in recent days. On SALT, House Speaker Mike Johnson, a Louisiana Republican, said Wednesday morning that he’s serving as the “neutral umpire” in the conversations between red state and blue state Republicans, adding that “I’m absolutely confident we’re going to be able to work out a compromise that everybody can live with.” Meanwhile, the Energy and Commerce Committee was still meeting Wednesday morning and well into the day, following overnight debate on its portion of the legislation. The panel is tasked with finding $880 billion in cuts, which has implicated the popular entitlement program Medicaid. The Energy and Commerce proposal, unveiled Monday night, would impose work requirements for able-bodied adults without children, more frequent eligibility checks, cuts to federal funding to states that use Medicaid infrastructure to provide health care coverage to undocumented immigrants and a ban on Medicaid covering gender transition services for children. The Agriculture Committee also began meeting Tuesday evening, breaking for the night after three hours. The panel is tasked with finding $230 billion in cuts, and the most contentious issue surrounds the Supplemental Nutrition Assistance Program, widely known as food stamps. The committee’s proposal would increase the age requirement for able-bodied adults without children to qualify for benefits, while shifting more of the costs to states. The bill updates the age requirement to 64, up from 54. Republicans also want to close a loophole for work requirement waivers that states could request for areas with unemployment rates over 10% or lack “a sufficient number of jobs.” The committee reconvened Wednesday morning to continue debating the issues. House GOP leadership celebrated the committee stage nearing a close in their weekly presser Wednesday morning. “A lot of work has gone into getting 11 committees ready to complete all of their work today,” House Majority Leader Steve Scalise, a Louisiana Republican, said. Republican leaders have been pushing to have the bill on the floor by next week, with the House Budget Committee expected to meet in the coming days to put the bill’s components into one massive legislative package. After that, the measure would then go to the House Rules Committee before it can be brought to the floor for a vote. “This process isn’t over. We’re just getting close to maybe half time,” Scalise said. “When we pass this bill next week through the House, it will go to the Senate, they’ll do their work. But we will get this bill to President Trump’s desk before the July 4 deadline that the White House has asked for.” Johnson also touted the progress on the legislation so far Wednesday, calling it “one of the most consequential pieces of legislation ever passed by the United States Congress.” “It is large, it is comprehensive, and it deals with reconciling the budget in a way that will be fiscally responsible,” Johnson said. Still, across the Capitol, a handful of Senate Republicans began expressing concerns about the House’s legislation, prompting discussions about seemingly inevitable changes to the package in the upper chamber. Senate Majority Leader John Thune, a South Dakota Republican, told reporters Wednesday that he hopes the House sends over legislation that the upper chamber can “use as a base.” “I think we’ve assumed all along that the Senate would have its input on this,” Thune said, noting that they have been coordinating closely with the House. “Obviously there’s 53 Republican senators who want to have their own thoughts and ideas incorporated.” Kaia Hubbard Kaia Hubbard is a politics reporter for CBS News Digital, based in Washington, D.C. Caitlin Yilek contributed to this report. Source link #House #GOP #pulls #allnighter #push #Trumps #big #beautiful #bill Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Trump’s meeting with Sharaa, unthinkable just months ago, boosts Syrians’ hopes Trump’s meeting with Sharaa, unthinkable just months ago, boosts Syrians’ hopes Donald Trump has said his administration is now exploring the possibility of normalising relations with Syria – his comments coming shortly after he met Syria’s interim President Ahmed al-Sharaa, whose forces ended the decades-long dictatorship of the Assad family. The extraordinary encounter, unthinkable just months ago, was short but significant. “I think he has got the potential,” Trump remarked after his meeting in Riyadh, 37 minutes long, with the former Syrian fighter formerly linked to Al-Qaeda. The $10m US bounty on his head was only lifted in December. Video footage of their conversation in a lavish Saudi royal palace showed some initial awkwardness as they spoke through a translator. A beaming Saudi Crown Prince, Mohammad bin Salman, sat next to them. The Turkish President Recep Tayyip Erdogan joined them by telephone. Trump acknowledged it was these two leaders who had convinced him to also lift the US’s punishing Syria sanctions. His sudden announcement on Tuesday night at a major US-Saudi investment forum in Riyadh won him a standing ovation. It was a volte-face after his many previous posts on social media that the US had “no interest in Syria”. “Tough guy, very strong past,” is how Trump later described Sharaa to journalists travelling with his high-powered American delegation on his first official four-day tour. It was a very Trump gloss about Sharaa’s old links to al-Qaeda. His Islamist group, Hayat Tahrir al-Sham (HTS), was al-Qaeda’s affiliate in Syria until he severed ties in 2016. HTS is still designated as a terrorist organisation by the UN, US and ***. Since assuming power in December, Sharaa has been wearing Western business suits and trying to present himself as a president for all Syrians. “It’s a new light at the end of this tunnel,” exclaimed Hind Kabawat, minister of social affairs and labour, in the interim government. She told the BBC’s Newshour programme they had been calling for sanctions relief ever since their “Liberation Day”. The US decision sparked celebrations across a county where 90% of Syrians are said to be living in poverty, after more than a decade of civil war and profound suffering. Removing restrictions which cut Syria off from the international financial system will enable greater engagement by aid agencies and encourage foreign investment and trade. “We are the North Korea of the Middle East,” a hotel receptionist in Damascus told me last December when I asked for another electronic hotel key. He tearfully lamented that “we don’t have enough cards, we have shortages of everything”. It may also help convince some of the millions of Syrians living in exile to think more seriously about returning home. And it could help a fledgling government to pay salaries, begin to rebuild, and address the growing discontent over the privations of daily life. But dismantling the vast web of sanctions now strangling Syria will take time. “Some sanctions can be removed immediately using presidential waivers,” commented Dina Esfandiary of Bloomberg Economics. “But lifting the multi-layered sanctions won’t be easy and will require real commitment by the Trump administration.” I remember travelling to Tehran in the wake of the 2015 Iran nuclear deal and the Obama administration’s commitment to ease sanctions there. At the news conference with the visiting EU’s high representative for foreign policy, Iranian journalists kept asking, with palpable anguish, why it was still impossible for them even to open a bank account. Syria’s new friends, including regional powers like Saudi Arabia and Turkey, now positioning themselves to shape the new Syria, will need to ensure Trump and his team stay interested. But he’s made it clear he expects something in return if there is to be a full normalisation of relations. The first item on his list is “join the Abraham Accords”. The US president regards this process of normalisation with Israel, which several Arab states including the United Arab Emirates has joined, as one of his foreign policy achievements in his first term. Sharaa, praised by his friends as pragmatic, has already signalled that he understand the importance of building a working relationship with his neighbour, even though Israel continues to bomb what it calls “terrorist targets” – air bases, military installations and weapons depots – insisting they could “fall into the wrong hands”. Last month, the Syrian leader reportedly told a visiting US congressman, Cory Mills, that Syria was prepared to normalise ties with Israel and join the Abraham Accords under “the right conditions”. Israeli media have reported that Prime Minister Benjamin Netanyahu had urged President Trump not to lift sanctions. He remains suspicious of Sharaa and his HTS forces, as well other groups which include foreign fighters in their ranks. Removing foreign fighters is another of Washington’s demands; it’s one of the very many challenges now facing Syria’s leader. President Trump hailed this moment as “a chance at greatness”. Millions of Syrians just welcome a greater chance that their lives will finally start changing for the better. Source link #Trumps #meeting #Sharaa #unthinkable #months #boosts #Syrians #hopes Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Mark Carney says Canadians are not ‘impressed’ by ***’s invite to Trump Mark Carney says Canadians are not ‘impressed’ by ***’s invite to Trump ********* Prime Minister Mark Carney has said Canadians were not “impressed” by the *** government’s invitation to US President Donald Trump for a second state visit. The newly elected Carney told Sky News that the ***’s invitation earlier this year did not help Canadians, who were facing repeat comments from Trump about making Canada the 51st US state. “To be frank, [Canadians] weren’t impressed by that gesture… given the circumstance,” he said. “It was at a time when we were being quite clear about the issues around sovereignty.” Prime Minister Sir Keir Starmer invited Trump to come to the *** for a visit during a meeting at the White House in February. Asked whether the invitation was “appropriate”, Carney said that was a decision for the government of the *** and Buckingham Palace. “I leave the diplomacy to the *** government,” he said. The BBC has contacted the Carney’s office and No 10 for comment. Buckingham Palace declined to respond. The criticism from Carney comes as the Canadians prepare to welcome King Charles III and Queen Camilla at the end of this month for a royal visit. During the Sky News interview, Carney said his invitation for the King – Canada’s head of state – to attend the opening of Canada’s Parliament “is not coincidental”. “It is also a reaffirming moment, will be a reaffirming,” Carney said, saying issues around Canada’s sovereignty “have been accentuated by the president”. During his visit, the King will also read the Speech from the Throne – a function usually carried out by the governor general. The last time this happened was in October 1977 when Queen Elizabeth II read the speech for the second time in Canada’s history. The first was in 1957. Since returning to the White House, Trump has made repeated comments undermining Canada’s sovereignty, including that the ********* border is an “artificially drawn line”. Meanwhile, Carney has firmly said Canada is “not for *****, ever”. Carney – who said he would only meet the US president “until we get the respect we deserve” – sat down with Trump in Washington DC last week to begin negotiations on a new trade and security relationship. During the visit, Trump repeated his 51st state comments. Pressed on that, Carney told Sky News that Trump has shifted his tone from “expectation to a desire for that to happen”. “He also came from a place where he recognised that was not going to happen.” Watch: Carney says Canada “not for *****” as Trump touts benefits of becoming 51st US state Source link #Mark #Carney #Canadians #impressed #UKs #invite #Trump Pelican News View the full article at [Hidden Content]

Minister Hannah Beazley accuses Nedlands council of ‘dodging transparency’ after delayed video uploads Minister Hannah Beazley accuses Nedlands council of ‘dodging transparency’ after delayed video uploads Hannah Beazley has blasted the City of Nedlands for ‘dodging transparency’ for not being able to watch or listen to its council meetings, only days after she issued an official warning to the council. Source link #Minister #Hannah #Beazley #accuses #Nedlands #council #dodging #transparency #delayed #video #uploads Pelican News View the full article at [Hidden Content]

Ventas (NYSE:VTR) Declares Quarterly Dividend of US$0.48 Per Share Ventas (NYSE:VTR) Declares Quarterly Dividend of US$0.48 Per Share Ventas announced a quarterly dividend and reported positive results for the first quarter, reflecting strong financial performance with sales and net income increases compared to the previous year. This announcement came during a ******* where the broader market, including indices such as the S&P 500 and Nasdaq, experienced a rally; this was largely driven by optimism around U.S.-China tariff reductions and encouraging inflation data. Ventas’s price increase of 7% over the last quarter aligns with these market trends, where investor sentiment across various sectors was generally positive, underscoring the company’s fiscal health. Every company has risks, and we’ve spotted 3 risks for Ventas (of which 1 is potentially serious!) you should know about. NYSE:VTR Earnings Per Share Growth as at May 2025 This technology could replace computers: discover the 22 stocks are working to make quantum computing a reality. The recent announcement of Ventas’s quarterly dividend and positive first-quarter earnings highlights its strong financial footing amid broader market recovery. While the 7% share price increase aligns with positive market sentiment, the company’s long-term total return of 137.55% over five years provides essential context. This substantial increase underscores Ventas’s ability to generate value over extended periods, even as it faces challenges in the senior housing sector. Currently trading at US$65.83, the share price reflects investor confidence, yet it remains below the analyst consensus price target of US$75.95. In comparison to market and industry performance, Ventas’s 1-year return surpassed that of both the US market, which returned 11.6%, and the US Health Care REITs industry, which returned 22.4%. This outperformance can be attributed to the company’s strategic growth initiatives, including the expansion of its senior housing portfolio and integration of Brookdale communities. Analysts project an 8.8% annual revenue growth, driven by these strategic moves, potentially supporting forecasts of earnings reaching US$495.5 million by 2028. However, reliance on high occupancy rates remains a risk factor, impacting revenue and earnings projections. Ventas’s share price movement and analyst forecasts suggest potential investment opportunities, although market conditions and operational challenges must be carefully considered. Jump into the full analysis health report here for a deeper understanding of Ventas. 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. Story Continues Source link #Ventas #NYSEVTR #Declares #Quarterly #Dividend #US0.48 #Share Pelican News View the full article at [Hidden Content]

Sean 'Diddy' Combs trial live updates: Cassie Ventura continues testimony in federal sex trafficking case – Yahoo Sean 'Diddy' Combs trial live updates: Cassie Ventura continues testimony in federal sex trafficking case – Yahoo Sean ‘Diddy’ Combs trial live updates: Cassie Ventura continues testimony in federal sex trafficking case YahooLive updates: Cassie Ventura testifies in Sean ‘Diddy’ Combs trial CNNCassie Testifies Diddy Pulled Her Away from Her Own Birthday Party to Have ‘Freak Off’ People.comSean ‘Diddy’ Combs Trial Live Updates: Cassie Testifies About Hotel Assault in 2016 The New York TimesCassie Ventura ‘Perfect Match’ premiere hid alleged Diddy assault: Photos from 2016 event USA Today Source link #Sean #039Diddy039 #Combs #trial #live #updates #Cassie #Ventura #continues #testimony #federal #sex #trafficking #case #Yahoo Pelican News View the full article at [Hidden Content]

Democrats grill Noem on Abrego Garcia and two deported US children Democrats grill Noem on Abrego Garcia and two deported US children Democrats on Wednesday pressed Homeland Security Secretary Kristi Noem on what her agency is doing to facilitate the return of Kilmar Abrego Garcia, the Salvadoran national who was mistakenly sent to El Salvador, as well as the case of two American children who were recently deported by the Trump administration. In a heated House Homeland Security Committee hearing, Noem said DHS is following all federal court orders and that “everybody has gotten due process” while later testifying that due process does not “guarantee a hearing.” “We have utilized due process as it’s laid out in the tools Congress has given us,” Noem repeatedly said. A federal appeals court had previously admonished the Trump administration for wrongly removing Abrego Garcia from the U.S. without due process, and the Supreme Court has ordered the administration to facilitate his return. The administration has previously said it has no duty to return Abrego Garcia and invoked state secrets privilege in response to a federal judge’s inquiry into the case. During the hearing, Rep. Eric Swalwell (D-Calif.) also displayed a picture of Abrego Garcia’s fist that President Donald Trump shared on social media. Trump has claimed the photo, which shows tattoos on Abrego Garcia’s fist and the superimposed lettering “MS-13,” proves the Maryland resident is a member of the notorious gang. Asked about the picture, Noem said she had no knowledge about the photo and repeated her claim that Abrego Garcia is a dangerous gang member. “I have a ********* detector,” Swalwell said. “Is this doctored or not doctored?” Democratic lawmakers also asked about the cases of two children who are U.S. citizens and who were deported from the U.S. with their family members, who did not have citizenship. Noem said their mothers chose to take their children with them, a claim that received widespread pushback. “We do not deport U.S. citizens and have not deported U.S. citizens,” Noem added. Rep. Seth Magaziner (D-R.I.) said he had personally spoken with the attorney of one of the families, who said that they did not want the child — who has Stage 4 ******* — sent to Honduras. He also pointed to the lack of due process afforded to the over 200 migrants deported to El Salvador, who have yet to face trial or contest their deportations. “You have been sloppy. Your department has been sloppy,” Magaziner said. “You need to change course immediately.” Source link #Democrats #grill #Noem #Abrego #Garcia #deported #children Pelican News View the full article at [Hidden Content]

Abortion decriminalisation plans pushed by Labour MP Abortion decriminalisation plans pushed by Labour MP A Labour MP has launched a bid to decriminalise abortions, after campaigners revealed estimates that police have prosecuted more than 100 women under abortion laws in recent years. Abortion remains a criminal offence in England and Wales unless under strict circumstances – including taking place before 24 weeks into the pregnancy with the approval of two doctors – under a 164-year-old law. Tonia Antoniazzi, Labour MP for Gower, tabled an amendment to the Crime and Policing Bill to decriminalise the process without “changing anything about provision of abortion care”. Antoniazzi said the current situation was “unacceptable” and led to police prosecuting vulnerable women. Nearly 60 MPs from Labour, the Conservatives, Liberal Democrats, Green Party and Plaid Cymru have put their names to Antoniazzi’s amendment. MPs had been due to debate similar amendments last year, but Parliament was dissolved for the general election before this could take place. Last year a BBC investigation found an unprecedented number of women are being investigated by police on suspicion of illegally ending a pregnancy. Some investigations followed natural pregnancy loss, the report by File on 4 found. Pregnancy loss is investigated only if credible evidence suggests a crime, according to the National Police Chiefs’ Council. The issue was in the news again this week when Nicola Packer, 45, was cleared by a jury of “unlawfully administering” herself with abortion pills at home during a coronavirus lockdown in 2020. She had taken prescribed abortion medicine when she was around 26 weeks pregnant, beyond the legal limit of 10 weeks for taking such medication at home. She told jurors she did not realise she had been pregnant for more than 10 weeks. The Royal College of Obstetricians and Gynaecologists (RCOG) said Ms Packer’s trial demonstrated “just how outdated and harmful” current abortion law was and called for reform. RCOG are among several royal medical colleges, charities and trade unions backing Antoniazzi’s amendment. Records collected by the ***’s largest abortion services have found at least 100 women have been investigated for having an abortion in the last five years. Of those, six have appeared in court according to data collected by British Pregnancy Advisory Group (Bpas), National Unplanned Pregnancy Advisory Service (NUPAS) and MSI abortion services. Antoniazzi said: “There is simply no world in which prosecuting a vulnerable woman who may have experienced a medical complication, miscarriage or stillbirth is the right course of action.” She said her amendment, laid before Parliament on Tuesday, is “tightly drawn – not changing anything about provision of abortion care, the time limit, the right to conscientious objection or any other aspects of abortion law”. She added: “I am confident that, when Parliament has the opportunity to vote on these proposals, my colleagues will agree that never again should a woman be prosecuted for ending her own pregnancy in England and Wales.” The amendment follows repeated calls to repeal sections of the Offences Against the Person Act 1861. Abortions were completely ******** under 19th Century law until it was modified by the 1967 Abortion Act, which initially allowed them to take place up to 28 weeks. This was reduced to 24 weeks in 1990. Abortions after 24 weeks are allowed only if: the woman’s life is in dangerthere is a severe fetal abnormalitythe woman is at risk of grave physical and mental injury Since 2018, women in England have taken the second abortion pill at home, aligning the rules with Scotland and Wales. Though the same rules apply in Scotland, it has a distinct healthcare and legal system. Abortion laws are currently under review in Scotland following appeals from advocacy groups’ to decriminalise the process. Abortion was decriminalised in Northern Ireland in 2019. Latest figures show there were 251,377 abortions recorded in England and Wales in 2022 – the highest number since the Abortion Act was introduced and an increase of 17% over the previous year. About 88% of recorded abortions took place before 10 weeks, after which the procedure must be carried out in an approved clinic or NHS hospital. Source link #Abortion #decriminalisation #plans #pushed #Labour Pelican News View the full article at [Hidden Content]

Will describes grief as ‘very worst pain’ Will describes grief as ‘very worst pain’ The Prince of Wales has described grief as “the very worst pain any child or parent will ever endure” as he backed the merger of two leading child bereavement charities. Child Bereavement ***, of which William is patron, is to join forces with Winston’s Wish, it was announced on Wednesday. William, whose mother Diana, Princess of Wales died when he was 15, said there was a growing need for support for bereaved youngsters and praised the charities for taking the “bold step”. He will remain patron of the new organisation which retains the name Child Bereavement ***. William said: “Grief is the very worst pain any child or parent will ever endure, and while we cannot prevent these losses, we can ensure that every possible type of expert support and care is given, to help rebuild the lives of those affected. “In my 16 years as patron of Child Bereavement ***, I have seen the life-changing impact of their work and how the support, care and compassion provided protects the long-term health and wellbeing of those living with loss. “I have also seen the growing need for support of this kind, and it is because of this increasing demand that I am delighted that Child Bereavement *** and Winston’s Wish are joining forces to expand their impact. “They have recognised that together they can do so much more, and I commend them both for taking this bold step to reach more people and help to reduce the long-term challenges that unresolved grief can cause.” William privately gave a 30th anniversary dinner for Child Bereavement *** at Windsor Castle on Tuesday evening. The charity was founded in 1994 by Diana’s close friend, the psychotherapist Julia Samuel, who is godmother to Prince George. She has remained close to both William and his brother, the Duke of Sussex. Winston’s Wish was founded in 1992 after clinical psychologist Julie Stokes visited the US and Canada on a Winston Churchill Travelling Fellowship and, inspired by the services she saw, returned to the *** and set up Winston’s Wish, initially to help bereaved children in Gloucestershire. The charities said uniting their missions when demand for services is growing would help them increase their reach and support more grieving people when they need it the most. As the merger progresses, both organisations will continue to deliver their respective services, with beneficiaries and stakeholders able to access support and other services as usual, the charities said. Source link #describes #grief #worst #pain Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]