How he keeps the planes running on timeSkobalj's 19 help UIC down La Salle 96-83
Pamela Hayden, longtime ‘Simpsons’ voice actor, including Bart’s friend Milhouse, hangs up her mic
Researchers create microchips capable of detecting and diagnosing diseasesBryan's second half defense falters in loss to Fulshear
WOONSOCKET, R.I. , Dec. 16, 2024 /PRNewswire/ -- CVS Health Corporation ("CVS Health" or the "Company," NYSE: CVS) announced today the applicable Reference Yields and Total Consideration (each as summarized in the tables below) to be paid in connection with the previously announced cash tender offer (the "Maximum Tender Offer" ) for the maximum principal amount of the following series of Maximum Tender Offer Notes (as defined below) for which the aggregate purchase price, not including Accrued Interest (as defined below), payable in respect of such Maximum Tender Offer Notes, does not exceed $1,774,423,242.62 (such maximum purchase price, the "Maximum Tender Offer Amount"): its 2.700% Senior Notes due 2040, the 3.875% Senior Notes due 2047 issued by its wholly-owned subsidiary Aetna Inc. ("Aetna"), its 4.250% Senior Notes due 2050, the 4.125% Senior Notes due 2042 issued by Aetna, its 4.125% Senior Notes due 2040, its 2.125% Senior Notes due 2031, its 1.875% Senior Notes due 2031, its 5.050% Senior Notes due 2048, the 4.500% Senior Notes due 2042 issued by Aetna and its 1.750% Senior Notes due 2030 (together, the "Maximum Tender Offer Notes"). The applicable Reference Yield for the Maximum Tender Offer Notes and the Total Consideration for the Maximum Tender Offer Notes are summarized in the table below: Maximum Tender Offer Notes : Title of Notes CUSIP Number Original Issuer Principal Amount Outstanding Maturity Date Acceptance Priority Level (1) UST Reference Security Bloomberg Reference Page Fixed Spread (bps) Early Tender Payment (2) Reference Yield (3) Total Consideration (2)(3) Approximate Proration Factor (4) 2.700% Senior Notes due 2040 126650DP2 CVS Health Corporation $1,250,000,000 8/21/2040 1 4.625% due 11/15/2044 FIT1 +110 bps $30 4.676 % $685.54 100 % 3.875% Senior Notes due 2047 00817YAZ1 Aetna Inc. $1,000,000,000 8/15/2047 2 4.625% due 11/15/2044 FIT1 +121 bps $30 4.676 % $750.06 100 % 4.250% Senior Notes due 2050 126650DL1 CVS Health Corporation $750,000,000 4/1/2050 3 4.250% due 8/15/2054 FIT1 +136 bps $30 4.611 % $776.80 100 % 4.125% Senior Notes due 2042 00817YAM0 Aetna Inc. $500,000,000 11/15/2042 4 4.625% due 11/15/2044 FIT1 +122 bps $30 4.676 % $805.69 100 % 4.125% Senior Notes due 2040 126650DK3 CVS Health Corporation $1,000,000,000 4/1/2040 5 4.625% due 11/15/2044 FIT1 +119 bps $30 4.676 % $825.77 57.5 % 2.125% Senior Notes due 2031 126650DR8 CVS Health Corporation $1,000,000,000 9/15/2031 6 4.250% due 11/15/2034 FIT1 +92 bps $30 N/A N/A 0 % 1.875% Senior Notes due 2031 126650DQ0 CVS Health Corporation $1,250,000,000 2/28/2031 7 4.250% due 11/15/2034 FIT1 +87 bps $30 N/A N/A 0 % 5.050% Senior Notes due 2048 126650CZ1 CVS Health Corporation $8,000,000,000 3/25/2048 8 4.250% due 8/15/2054 FIT1 +156 bps $30 N/A N/A 0 % 4.500% Senior Notes due 2042 00817YAJ7 Aetna Inc. $500,000,000 5/15/2042 9 4.625% due 11/15/2044 FIT1 +130 bps $30 N/A N/A 0 % 1.750% Senior Notes due 2030 126650DN7 CVS Health Corporation $1,250,000,000 8/21/2030 10 4.125% due 11/30/2029 FIT1 +106 bps $30 N/A N/A 0 % (1) Subject to each of the Maximum Tender Offer Amount and proration, the principal amount of each series of Maximum Tender Offer Notes that is purchased in the Maximum Tender Offer will be determined in accordance with the applicable acceptance priority level (in numerical priority order) specified in this column. (2) Per $1,000 principal amount of Maximum Tender Offer Notes validly tendered at or prior to the Early Tender Date (as defined below) and accepted for purchase. (3) Pricing information has only been provided for the Maximum Tender Offer Notes that are expected to be fully or partially accepted for tender. (4) The proration factor has been rounded to the nearest tenth of a percentage point for presentation purposes. The Maximum Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated December 2, 2024 (as it may be amended or supplemented from time to time, the "Offer to Purchase"), which sets forth a more detailed description of the Maximum Tender Offer. Copies of the Offer to Purchase are available at www.dfking.com/cvs . The Maximum Tender Offer is open to all registered holders (individually, a "Holder" and collectively, the "Holders") of the Maximum Tender Offer Notes. The Total Consideration payable by CVS Health for the Maximum Tender Offer Notes is a price per $1,000 principal amount calculated as described in the Offer to Purchase in a manner intended to result in a yield to maturity or first par call date, as the case may be, equal to the sum of the yield to maturity of the applicable U.S. Treasury reference security specified in the table above as determined at 10:00 a.m. , New York City time, on December 16, 2024 and the applicable fixed spread shown in the table above. Maximum Tender Offer Notes that were tendered and not validly withdrawn at or prior to 5:00 p.m. , New York City time, on December 13, 2024 (the "Early Tender Date") and that are accepted for purchase will receive the applicable Total Consideration, which includes the Early Tender Payment (as defined in the Offer to Purchase). Maximum Tender Offer Notes that are tendered after the Early Tender Date but at or prior to 5:00 p.m. , New York City time, on December 31, 2024 (the "Maximum Tender Offer Expiration Date") (unless earlier terminated by CVS Health as described in the Offer to Purchase) and that are not validly withdrawn and that are accepted for purchase will receive only the applicable Tender Offer Consideration (as defined in the Offer to Purchase), which is the applicable Total Consideration minus the Early Tender Payment. The Maximum Tender Offer Withdrawal Deadline of 5:00 p.m. , New York City time, on December 13, 2024 has passed and, accordingly, Maximum Tender Offer Notes validly tendered in the Maximum Tender Offer may no longer be withdrawn. The settlement date for the Maximum Tender Offer Notes validly tendered at or prior to the Early Tender Date and accepted for purchase is expected to be December 18, 2024 , the third business day after the Early Tender Date (the "Early Settlement Date"). Although the Maximum Tender Offers is scheduled to expire at 5:00 p.m. , New York City time, on December 31, 2024 , unless extended or terminated, because the aggregate purchase price of Notes validly tendered (and not validly withdrawn) prior to the Early Tender Date exceeded the Maximum Tender Offer Amount, there is not expected to be a Final Settlement Date (as defined in the Offer to Purchase), and no Notes tendered after the Early Tender Date are expected to be accepted for purchase. In addition to the Total Consideration for the Maximum Tender Offer Notes, Holders of the Maximum Tender Offer Notes accepted for purchase on the Early Settlement Date will receive accrued and unpaid interest ("Accrued Interest") on those Maximum Tender Offer Notes from the last interest payment date with respect to those Maximum Tender Offer Notes to, but not including, the Early Settlement Date. CVS Health expressly reserves the right, in its sole discretion, subject to applicable law, to amend, extend or terminate the Maximum Tender Offer with respect to any or all series of Maximum Tender Offer Notes at any time if any condition to the Maximum Tender Offer is not satisfied. The Maximum Tender Offer is not conditioned on any minimum principal amount of Maximum Tender Offer Notes being tendered but the Maximum Tender Offer is subject to certain other general conditions as described in the Offer to Purchase. CVS Health has retained Barclays Capital Inc. and Mizuho Securities USA LLC to act as Dealer Managers for the Maximum Tender Offer. D.F. King & Co., Inc. has been retained to act as the Tender and Information Agent for the Maximum Tender Offer. The Offer to Purchase may be accessed at the following link: http://www.dfking.com/cvs . Requests for assistance relating to the procedures for tendering Maximum Tender Notes may be directed to the Tender and Information Agent either by email at cvs@dfking.com , or by phone (212) 269-5550 (for banks and brokers only) or (800) 487-4870 (for all others toll free). Requests for assistance relating to the terms and conditions of the Maximum Tender Offer may be directed to Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581 (collect) or Mizuho Securities USA LLC at (866) 271-7403 (toll-free) or (212) 205-7741. Beneficial owners may also contact their broker, dealer, commercial bank, trust company or other nominee for assistance. This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, any securities, including the Maximum Tender Offer Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Maximum Tender Offer is being made solely pursuant to the Offer to Purchase made available to Holders of the Maximum Tender Offer Notes. None of CVS Health, the Dealer Managers, Tender and Information Agent or the trustees with respect to the Maximum Tender Offer Notes, or any of their respective affiliates, is making any recommendation as to whether or not Holders should tender or refrain from tendering all or any portion of their Maximum Tender Offer Notes in response to the Maximum Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisers and make their own decisions whether to tender Maximum Tender Offer Notes in the Maximum Tender Offer, and, if so, the principal amount of Maximum Tender Offer Notes to tender. About CVS Health CVS Health is a leading health solutions company building a world of health around every consumer it serves and connecting care so that it works for people wherever they are. As of September 30, 2024 , the Company had more than 9,000 retail locations, more than 900 walk-in medical clinics, more than 225 primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members and expanding specialty pharmacy solutions, and a dedicated senior pharmacy care business serving more than 800,000 patients per year. The Company also serves an estimated more than 36 million people through traditional, voluntary and consumer-directed health insurance products and related services, including expanding Medicare Advantage offerings and a leading standalone Medicare Part D prescription drug plan. The Company is creating new sources of value through its integrated model allowing it to expand into personalized, technology driven care delivery and health services, increasing access to quality care, delivering better health outcomes and lowering overall health care costs. Forward-Looking Statements This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health. By their nature, all forward-looking statements are not guarantees of future performance or results and are subject to risks and uncertainties that are difficult to predict and/or quantify. Actual results may differ materially from those contemplated by the forward-looking statements due to the risks and uncertainties described in our Securities and Exchange Commission filings, including those set forth in the Risk Factors section and under the heading "Cautionary Statement Concerning Forward-Looking Statements" in our most recently filed Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2024 , June 30, 2024 and September 30, 2024 and our Current Reports on Form 8-K. You are cautioned not to place undue reliance on CVS Health's forward-looking statements. CVS Health's forward-looking statements are and will be based upon management's then-current views and assumptions regarding future events and operating performance, and are applicable only as of the dates of such statements. CVS Health does not assume any duty to update or revise forward-looking statements, whether as a result of new information, future events, uncertainties or otherwise. Investor Larry McGrath Media Ethan Slavin Contact: Executive Vice President Contact: 860-273-6095 Chief Strategy Officer & Chief Strategic Advisor to the CEO investorinfo@cvshealth.com Ethan.Slavin@CVSHealth.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cvs-health-corporation-announces-pricing-of-maximum-tender-offer-302333016.html SOURCE CVS Health
WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump’s movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. RELATED COVERAGE Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case Mexico tests cellphone app allowing migrants to send alert if they are about to be detained in US Canadian ministers head to Palm Beach for talks with incoming Trump administration Much of the debate played out on the social media network X, which Musk owns. Loomer’s comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar.” Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry’s need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump’s world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world’s richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump’s movement but his stance on the tech industry’s hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry’s need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent,” he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump’s own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump’s businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country” and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he told the “All-In” podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump’s budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.I’m A Celebrity suffers very awkward tech blunder after Melvin’s exit leaving Ant McPartlin frustrated
CNH announces Global Leadership Team changes Basildon, December 16, 2024 CNH (NYSE: CNH) today announces leadership changes designed to capitalize on current market opportunities in its Agriculture business in the North America and Europe, Middle East and Africa (EMEA) regions. These developments will support the Company at this stage of the agricultural cycle, readying it for the upswing. Scott Harris will assume the role of President, North America, effective January 1, 2025. Markus Müller will join CNH as President, EMEA, effective March 1, 2025. The Company has selected these two new regional leaders based on their extensive experience and capabilities. Their leadership will be instrumental in executing CNH's strategic goals and driving success in these regions. With this announcement, Vilmar Fistarol is stepping down as President, North America, effective December 31, 2024, and he will remain in an advisory role with CNH during H1 2025. Furthermore, Carlo Alberto Sisto is stepping down as President, EMEA, with immediate effect. North America leadership North America is a core region, offering significant opportunities for CNH's most advanced products, technologies and services. Scott Harris brings multifaceted experience across the Company's agricultural operations, and is currently the Global Brand President of Case IH and STEYR. In North America, he has led both the Financial Services business - CNH Capital - and the Parts & Service division. Scott Harris has also helmed our CASE Construction Equipment, New Holland Construction and Case IH brands in the region. Across these leadership roles, he has gained intimate knowledge of our Case IH and New Holland brands, their dealer networks, and customers across the region. EMEA leadership Agriculture in the EMEA region is dynamic and diverse, requiring a wide range of specialized solutions. CNH's portfolio is ideally placed to increasingly serve this region across its different geographies and farm types. Starting March 1, 2025, Markus Müller will join CNH as President, EMEA. Mr. Müller arrives from the global engine manufacturer DEUTZ AG, and brings with him a wealth of relevant industrial and commercial experience. He was most recently Chief Technology and Chief Sales Officer, alongside serving as an Executive Board Member. He began his career at DEUTZ AG in 2006 where prior to his most recent appointment, he served as Senior Vice President of Product Development & Technical Customer Support, preceded by leadership roles in Research & Development. From 2016 - 2018, Mr. Müller was Managing Director of HJS Emission Technology, where he was responsible for Product Development, Operations and Sales. Stefano Pampalone, Agriculture Chief Commercial Officer, will assume the role of President, EMEA, ad interim, in addition to his current responsibility until February 28. Mr. Pampalone and Mr. Müller will work together over the coming months to ensure a smooth transition in the leadership of the EMEA region and its agriculture activities. "Vilmar is stepping down as President, North America at the end of 2024 after 34 years of outstanding service, having positively impacted many areas of our business across our global regions. He hands over the reins to Scott, who is the natural choice to lead North America,” said Gerrit Marx, Chief Executive Officer at CNH. "I would like to warmly thank Carlo for his 26 years of committed service during which he has spearheaded significant developments across our regions, most recently having taken the helm of EMEA post-COVID and navigating a challenging phase of the agriculture cycle. In Stefano, we have an experienced leader who will ensure a smooth transition until Markus's arrival on March 1. We are excited to welcome Markus to the CNH team and confident that his extensive industrial and commercial experience will drive significant progress across the EMEA region,” said Mr. Marx. CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company's regionally focused Brands include: STEYR , for agricultural tractors; Raven , a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere , a leading designer and manufacturer of high-precision satellite-based positioning, and heading technologies; Flexi-Coil , specializing in tillage and seeding systems; Miller , providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH's 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world. For more information and the latest financial and sustainability reports visit: cnh.com For news from CNH and its Brands visit: media.cnh.com Contacts: Media Relations Email: [email protected] Investor Relations Email: [email protected] Forward-looking Statements All statements other than statements of historical fact contained in this press release including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. Forward-looking statements also include statements regarding the future performance of CNH and its subsidiaries on a standalone basis. These statements may include terminology such as "may”, "will”, "expect”, "could”, "should”, "intend”, "estimate”, "anticipate”, "believe”, "outlook”, "continue”, "remain”, "on track”, "design”, "target”, "objective”, "goal”, "forecast”, "projection”, "prospects”, "plan”, or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict. If any of these risks and uncertainties materialize (or they occur with a degree of severity that the Company is unable to predict) or other assumptions underlying any of the forward-looking statements prove to be incorrect, including any assumptions regarding strategic plans, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: economic conditions in each of our markets, including the significant uncertainty caused by geopolitical events; production and supply chain disruptions, including industry capacity constraints, material availability, and global logistics delays and constraints; the many interrelated factors that affect consumer confidence and worldwide demand for capital goods and capital goods-related products, changes in government policies regarding banking, monetary and fiscal policy; legislation, particularly pertaining to capital goods-related issues such as agriculture, the environment, debt relief and subsidy program policies, trade and commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls and tariffs; volatility in international trade caused by the imposition of tariffs, sanctions, embargoes, and trade wars; actions of competitors in the various industries in which we compete; development and use of new technologies and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety or other aspects of our products; labor relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural commodities and material price increases; housing starts and other construction activity; our ability to obtain financing or to refinance existing debt; price pressure on new and used equipment; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of CNH and its suppliers and dealers; security breaches with respect to our products; our pension plans and other post-employment obligations; political and civil unrest; volatility and deterioration of capital and financial markets, including pandemics (such as the COVID-19 pandemic), terrorist attacks in Europe and elsewhere; the remediation of a material weakness; our ability to realize the anticipated benefits from our business initiatives as part of our strategic plan; including targeted restructuring actions to optimize our cost structure and improve the efficiency of our operations; our failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures, strategic alliances or divestitures and other similar risks and uncertainties, and our success in managing the risks involved in the foregoing. Forward-looking statements are based upon assumptions relating to the factors described in this press release, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside CNH's control. CNH expressly disclaims any intention or obligation to provide, update or revise any forward-looking statements in this announcement to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Further information concerning CNH, including factors that potentially could materially affect its financial results, is included in the Company's reports and filings with the U.S. Securities and Exchange Commission ("SEC"). All future written and oral forward-looking statements by CNH or persons acting on the behalf of CNH are expressly qualified in their entirety by the cautionary statements contained herein or referred to above. Additional factors could cause actual results to differ from those expressed or implied by the forward-looking statements included in the Company's filings with the SEC (including, but not limited to, the factors discussed in our 2023 Annual Report and subsequent quarterly reports). Attachment 20241216_PR_CNH_GLT_Announcement_NA_EMEA
Ian Schieffelin, Clemson topple Penn State to win Sunshine SlamA martial law order from South Korean President Yoon Suk Yeol has again put communist influence in the country under the spotlight. For the first time in nearly four decades, the South Korean leader invoked the authority, accusing the opposing Democratic Party of aligning with communist North Korea. He revoked martial law hours later after parliament voted to lift the order. “I declare martial law to protect the free Republic of Korea from the threat of North Korean communist forces, to eradicate the despicable pro-North Korean anti-state forces that are plundering the freedom and happiness of our people, and to protect the free constitutional order,” Yoon said in a late-night address on Dec. 3. He said the political opposition, which dominates the national assembly, was “paralyzing the judiciary by intimidating judges and impeaching a large number of prosecutors,” and causing dysfunction in other government sectors as well. North Korea is far from the only country bringing communist influence over the peninsula. During a campaign rally in March, Lee criticized Yoon’s approach to China and his comments on the regime’s military encroachment on Taiwan, which the Chinese regime has sought to claim as its own. “Why are you provoking China?” Lee said. “What does the Taiwan issue have to do with South Korea?” The former presidential candidate Lee was convicted two weeks ago of violating election law and was sentenced to a one-year suspended prison term. Lee lost the 2022 election to Yoon by a 1 percent margin, marking the closest election in South Korean presidential history. The concern may be a pressing one if Yoon’s popularity plummets as a result of his emergency declaration. His own political party has disavowed the marital law order and said they would “stop it with the people.” “Yoon’s political days are likely numbered since the populace will be united in its criticism and the majority opposition party will seek Yoon’s impeachment,” Bruce Klingner, a veteran at the Central Intelligence Agency and the Defense Intelligence Agency who specializes in Korean affairs, told The Epoch Times. During the brief martial law declaration, Lee called for people in South Korea to descend on the national assembly to protest the order. “Economy, culture, universities, there is no place that hasn’t been penetrated,” a former counter-espionage official, who asked for anonymity, previously told The Epoch Times. Cities in the two countries have signed nearly 700 hundred friendship or sisterhood agreements. Hundreds of Chinese civil servants had been sent to work and train in South Korea through a state-sponsored civil servant exchange program. The Chinese embassy pays for South Korean youths to spend a week in China; it hands them books of Chinese leader Xi Jinping’s speeches to read before they depart and expresses hope that they'll be leaders of future bilateral relations. A mayor for the South Korean city of Gwangju in 2023 tried to build a park to honor the composer of the anthem of the People’s Liberation Army and a marching song for North Korea in order to attract tourists from China. The subversion by the Chinese Communist Party in Korea is not as well known compared to the threats from North Korea, but “it is extensive, and it is rather deep,” Tara O, author of The Collapse of North Korea, previously told The Epoch Times’ sister media NTD. She said the effort to build the park was “very ironic.” “That is just one of cultural warfare by China,” she said. Dozens of South Korean media outlets carry articles by the Chinese regime’s propaganda mouthpiece People’s Daily. South Korea also has the highest number of Confucius Institutes, a Chinese state-funded language education program to promote Beijing’s agenda. In a previous interview with The Epoch Times, Choi Soo Yong, a retired case officer from the National Intelligence Service, noted that there’s a room dedicated to the collections of works about Xi at the Seoul National University. By contrast, the university has no memorial to South Korea’s forefathers.Piedmont power line project: Carroll officials approve formal opposition to send to Gov. Moore
A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House saysShould the U.S. increase immigration levels for highly skilled workers?
Ford government looking to build three new power plants to meet electricity demands. Here's where they'd be locatedFans Eagerly Anticipate Their 'Annual Mental Health Report' as Spotify Teases Its Wrapped Release
NoneNEW YORK (AP) — A judge on Wednesday found New York City in contempt for failing to staunch violence and brutality at its jails, a scathing ruling that puts the troubled Rikers Island jail complex on the verge of a federal takeover. In a written decision, U.S. District Judge Laura Taylor Swain in Manhattan said the city had placed incarcerated people in “unconstitutional danger” by failing to comply with 18 separate provisions of court orders pertaining to security, staffing, supervision, use of force and the safety of young detainees. The long-squalid conditions have worsened significantly in the nine years since the city settled abuse and violence claims, she wrote, exacerbated by jail leadership's “unwillingness or inability” to implement ordered reforms. As a result, Swain ordered the city and lawyers suing on behalf of detainees to confer with a court-appointed monitor on a proposed framework for a federal receivership — an extraordinary intervention that would cede city control of one of the nation’s largest, most notorious jail systems. Mayor Eric Adams, who has vehemently opposed a federal takeover, said on Wednesday that the city had made “significant progress towards addressing the decades-long neglect and issues on Rikers Island.” “We are proud of our work, but recognize there is more to be done and look forward to working with the federal monitoring team on our shared goal of continuing to improve the safety of everyone in our jails,” his statement continued. But in her ruling, Swain found the administration's efforts were “insufficient to turn the tide within a reasonable period.” The city appears to have acted in bad faith at times in its failure to comply with court-ordered reforms, repeatedly “withholding essential information” from the monitor, she wrote. “The Court is inclined to impose a receivership: namely, a remedy that will make the management of the use of force and safety aspects of the Rikers Island jails ultimately answerable directly to the Court,” Swain wrote, ordering the sides to provide her by Jan. 14 a plan for an “efficient, effective receivership.” Under a federal receivership, control of some or all city jail functions would shift to a court-appointed receiver, streamlining decision making on things like staffing, contracts and policies while working to improve safety and compliance with ordered reforms. It would not involve a takeover by the Justice Department, nor would the city’s jails become part of the federal Bureau of Prisons. Swain's 65-page ruling stemmed from litigation that started more than a decade ago with allegations by a public defender organization, the Legal Aid Society, and others that the city’s Department of Correction had engaged in a pattern of excessive and unnecessary force. The Legal Aid Society and law firm Emery Celli Brinckerhoff Abady Ward & Maazel LLP hailed the “historic decision” and said it “will finally create a pathway for reform that can protect those who have been failed" by jail leadership. "The court’s recognition that the current structure has failed, and that receivership free from political and other external influences is the path forward, can ensure that all New Yorkers, regardless of incarceration status, are treated with the respect and dignity guaranteed to them under the law,” they said. In a separate statement, Benny Boscio, the president of the union representing correction officers, claimed the ruling was based on an “erroneous narrative," adding that jail staff had been “defunded, short staffed, scapegoated and handcuffed” by city lawmakers and the federal monitor. For now, barring further action from Swain, the city remains in control of its jails. The jail complex, which is housed on a hard-to-reach island in the East River, has long suffered from rampant disorder and neglect. But rates of violence, use of force, self-harm, and deaths in custody in city jails have gotten “demonstrably worse” since the city and parties agreed in October 2015 to a settlement, consent decree and the appointment of a federal monitor, Swain said. “Worse still, the unsafe and dangerous conditions in the jails, which are characterized by unprecedented rates of use of force and violence, have become normalized despite the fact that they are clearly abnormal and unacceptable,” the judge wrote. Nineteen people died in custody at Rikers Island in 2022. Nine more died in 2023, and five died in the first eight months of this year. At the same time, rates of stabbings and slashings, fights, assaults on staff “remain extraordinarily high,” Swain said. There has been “no substantial reduction in the risk of harm currently facing those who live and work in the Rikers Island jails,” the judge wrote. Under a plan approved by the city council in 2019, New York City is legally required to shutter Rikers Island and replace it with four smaller and more modern jails by 2027. But as the jail population has grown in recent years, Adams, a Democrat, has voiced resistance to the closure, urging lawmakers to come up with a “Plan B.” Earlier this year, the city’s budget director acknowledged that officials would likely not meet the mandated deadline.None
Nexgel director Jerome Zeldis buys common stock worth $9,999NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global casino gaming market size is estimated to grow by USD 43.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. Growth in spending capability of customers is driving market growth, with a trend towards increasing use of social media marketing. However, difficulties in securing online payments poses a challenge.Key market players include Abbiati Casino Equipment S.r.l., ADP GAUSELMANN GMBH, AMATIC Industries GmbH, APEX pro gaming s.r.o, Aristocrat Leisure Ltd., Caesars Entertainment Inc., Eclipse Gaming Systems, Everi Holdings Inc., Incredible Technologies Inc., Interblock dd, International Game Technology plc, Jackpot Digital Inc., Konami Group Corp., Light and Wonder Inc., NOVOMATIC AG, PlayAGS Inc., Pockaj d.o.o., Rye Park LLC, TCSJOHNHUXLEY, and Universal Entertainment Corp.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Casino Gaming Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 3.2% Market growth 2024-2028 USD 43.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 3.07 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution APAC at 36% Key countries US, China, France, Germany, and Canada Key companies profiled Abbiati Casino Equipment S.r.l., ADP GAUSELMANN GMBH, AMATIC Industries GmbH, APEX pro gaming s.r.o, Aristocrat Leisure Ltd., Caesars Entertainment Inc., Eclipse Gaming Systems, Everi Holdings Inc., Incredible Technologies Inc., Interblock dd, International Game Technology plc, Jackpot Digital Inc., Konami Group Corp., Light and Wonder Inc., NOVOMATIC AG, PlayAGS Inc., Pockaj d.o.o., Rye Park LLC, TCSJOHNHUXLEY, and Universal Entertainment Corp. Market Driver The Casino gaming market is experiencing significant trends in both electronic gaming and licensed casinos . Electronic Games Machines (EGMs) like slot machines, roulette, blackjack, and poker continue to dominate the scene. Bingo games and sports betting sites are also popular choices. Non-junket and junket casinos cater to different demographics, with PAGCOR regulating the industry. Gross gaming revenues from casino gambling remain strong, driven by domestic tourists and international travelers. Responsible and problem gambling are key concerns. Online gambling platforms offer convenience, with options like Card on Delivery, Cash on Delivery, and Pre-Delivery Online Payment. Offline gaming venues remain important entertainment centers in integrated resorts. Demographics shape demand, with live shows, concerts, fine dining, hotels, restaurants, and gaming technology enhancing the experience. Mobile phones and blockchain technology, including cryptocurrency , are transforming the industry. Sports betting is a growing segment, fueled by fan bases and global sports events. Casino operators, whether online or offline, are leveraging social media marketing to attract customers. With the widespread use of smartphones and enhanced internet connectivity, social media platforms like Facebook, Twitter, Pinterest, Instagram, and YouTube have gained immense popularity among consumers. These platforms are utilized extensively, with consumers dedicating anywhere from an hour to three hours daily. Vendors recognize the potential of these channels and employ innovative strategies to promote gambling activities and casinos . Social media marketing is a powerful tool in today's digital landscape, driving engagement and customer acquisition in the casino gaming market. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Casino Gaming Market encompasses various sectors, including Licensed Casinos , Electronic Gaming, Bingo games, Sports betting sites, and Electronic Games. Challenges for this industry include managing House edge in games like Slot machines, Roulette, Blackjack, and Poker. Regulations for Non-junket and Junket casinos , under bodies like PAGCOR, impact gross gaming revenues. Domestic tourists and travel destinations contribute significantly to Casinos as gaming venues and entertainment centers in Integrated resorts. Responsible gambling and problem gambling are crucial concerns. The offline and online gambling landscape is evolving with Card on Delivery, Cash on Delivery, and Pre-Delivery Online Payment methods. Gambling expansion includes Online gambling platforms, Sports betting sites, and Tourists' preferences for Hotels, Restaurants, Entertainment, and Gaming technology. Demographics, Live shows, Concerts, Fine dining, Mobile phones, Blockchain technology, and Cryptocurrency are emerging trends. House edge, Money management, and Regulations remain key challenges. Casino gaming companies prioritize the security of their customers' financial information when accepting payments via credit or debit cards. Compliance with the Payment Card Industry Data Security Standard (PCI DSS) is essential to secure cardholder data and reduce financial fraud . Non-compliance can result in significant losses for both the companies and their customers in case of fraud or hacked cards. While some companies opt for external digital security services, others may not have the budget for such expenses. Regardless, adhering to PCI DSS standards is crucial to maintaining customer trust and ensuring secure transactions in the casino gaming market. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This casino gaming market report extensively covers market segmentation by Type 1.1 Land-based casino gaming 1.2 Online casino gaming Product 2.1 Slot machines 2.2 Lottery ticket machines 2.3 Electronic roulette 2.4 Multiplayer game stations 2.5 Gaming servers Geography 3.1 North America 3.2 APAC 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Land-based casino gaming- The land-based casino gaming market has long been a significant contributor to the global casino industry, providing entertainment through classic games like blackjack, roulette, poker, and craps. Land-based casinos remain popular destinations for tourists, offering an unparalleled atmosphere with neon lights, slot machine sounds, and social interaction. However, the rise of online gaming poses a challenge. While some land-based casinos have lost revenue due to this shift, they have responded by introducing new attractions, luxurious amenities, and expanding their properties. The land-based casino gaming segment is expected to grow moderately during the forecast period, despite online competition. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Casino gaming market encompasses various forms of gambling , including Electronic Gaming Machines (EGMs) and table games like Slot machines, Roulette, Blackjack, and Poker. Licensed Casinos offer both online and offline gaming experiences, with the latter including Bingo games, Sports betting sites, and non-junket and junket operations. Gross gaming revenues are a significant indicator of market size, with Casinos generating substantial income through Casino gambling . Entertainment centers and Integrated resorts serve as popular travel destinations for domestic tourists and international visitors alike. Responsible gambling initiatives are essential to mitigate problem gambling , ensuring a safe and enjoyable experience for all. EGMs and table games, despite having a house edge, provide excitement and entertainment for millions worldwide. Market Research Overview The Casino gaming market encompasses various forms of gambling , including Electronic Gaming Machines (EGMs) such as slot machines and electronic table games, Bingo games, Sports betting sites, and Licensed Casinos . These gaming venues offer a range of entertainment options, from Roulette, Blackjack, and Poker to Live shows, Concerts, and Fine dining. Gross gaming revenues are generated through Casino gambling , with non-junket and junket segments catering to different demographics. PAGCOR regulates the industry in some regions, while responsible and problem gambling initiatives are in place to ensure a safe and enjoyable experience. Demographics vary from domestic tourists to international travelers, with hotels, restaurants, and entertainment centers often serving as integrated resorts. Online gambling platforms are also gaining popularity, with options for Card on Delivery, Cash on Delivery, and Pre-Delivery Online Payment. Mobile phones and emerging technologies like Blockchain technology and Cryptocurrency are transforming the industry. Sports betting is a significant segment, with a house edge that can be as low as 1-3%. Gaming technology continues to evolve, with innovations in areas like Virtual Reality and Augmented Reality enhancing the player experience. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Land-based Casino Gaming Online Casino Gaming Product Slot Machines Lottery Ticket Machines Electronic Roulette Multiplayer Game Stations Gaming Servers Geography North America APAC Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/casino-gaming-market-to-grow-by-usd-43-3-billion-2024-2028-rising-customer-spending-boosts-growth-ai-driving-market-transformation---technavio-302315570.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
You will bear all civil or criminal legal responsibilities directly or indirectly caused by your actions and speech.
Message board administrators have the right to retain or delete any content in the messages under their jurisdiction.
This site reminds: Do not make personal attacks. Thank you for your cooperation.
jili 49 All rights reserved. Unauthorized reproduction, copying or mirroring is prohibited. Violators will be held accountable.
Statement: All information presented on this site is edited and published by the jili 49 work team. Copyright is reserved. Plagiarism is strictly prohibited. Do not reproduce or mirror without authorization. Otherwise, this site reserves the right to pursue legal liability.
Copyright © 2018 Tencent. All Rights Reserved