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Tag: Charges

  • Mace Takes to House Floor With Charges of Rape and Sexual Predation

    Mace Takes to House Floor With Charges of Rape and Sexual Predation


    Representative Nancy Mace, the South Carolina Republican who in recent weeks has floated a run for governor, on Monday night accused her former fiancé and three other men of having drugged and raped her and other women, and of filming and taking lewd photographs of women and underage girls without their consent.

    In a stunningly graphic speech on the House floor that had little precedent, Ms. Mace said the men, whom she named and displayed photographs of on a placard where lawmakers more typically display charts and graphs on policy issues, were involved in the “premeditated, calculated exploitation of innocent women and girls in my district.”

    “You’ve booked yourself a one-way ticket to hell,” she said, referring to the men directly at one point in a speech that lasted close to an hour. “It is nonstop. There are no connections. So I and all of your victims can watch you rot into eternity.”

    On the floor of the House, Ms. Mace was protected by the speech and debate clause, even as she accused the men of repeatedly assaulting incapacitated women and filming it. She offered no evidence to support the accusations, although she said she had plenty of such material.

    She refused to answer any follow-up questions from reporters outside the Capitol on Monday night and did not respond to a separate request to provide corroboration. The New York Times has not independently verified any of the allegations.

    In a statement not long after Ms. Mace finished speaking, Patrick Bryant, the former fiancé whom she accused by name, denied her account.

    “I categorically deny these allegations.,” he said. “I take this matter seriously and will cooperate fully with any necessary legal processes to clear my name.”

    Ms. Mace has long made her personal trauma part of her political brand. In the past, she has shared the story of being molested at a swimming pool when she was 14 and said that for years she blamed herself, because she had been wearing a two-piece bathing suit. She said she was raped when she was 16, leading her to drop out of high school, before pulling herself out of a downward spiral and becoming the first woman to graduate from the military college the Citadel.

    Ms. Mace has tried to position herself as the ultimate defender of women’s rights, even as she has expressed unequivocal support for President Trump, who has been found liable for sexual abuse, and a cabinet member who has been dogged by an accusation of sexual assault that he has denied. In recent weeks, Ms. Mace has made a campaign out of her measure to bar transgender individuals from using women’s restrooms and changing rooms in the Capitol complex.

    A onetime moderate who has made a full-bore turn to Trumpism as she has tried to game out her own political future in a tribal party, Ms. Mace has been vocal in recent weeks about her interest in running for governor in her state.

    So has Alan Wilson, the South Carolina attorney general, whom she targeted in her speech on Monday as a “do-nothing attorney general” and accused of treating women who came forward like criminals.

    “During the last year, as I turned everything over to law enforcement, I was told I, as a victim, would be investigated,” she said.

    A spokeswoman for Mr. Wilson, Jaqueline Lane, said that Ms. Mace’s statements regarding the conduct of the attorney general were “categorically false.”

    “At this time, our office has not received any reports or requests for assistance from any law enforcement or prosecution agencies regarding these matters,” said Ms. Lane, who added that neither Mr. Wilson nor anyone in his office had heard of Ms. Mace’s allegations until she spoke out on Monday night.

    She said that while Ms. Mace and Mr. Wilson had been at multiple events together over the last six months and the congresswoman had the attorney general’s cellphone number, “not once has she approached or reached out to him regarding any of her concerns.”

    On the House floor, Ms. Mace said that on her last night with her former fiancé, he “physically assaulted me,” leaving a permanent mark on her body. Before that, she said, she had found about a dozen compromising photos of underage girls on his phone, as well as more than 10,000 videos documenting assaults of other women who appeared to be incapacitated at the time, and graphic images of women that appeared to have been recorded surreptitiously.

    She was shocked, she said, to zoom in on one of the videos and discover that she was one of the women who had been filmed nude, without her consent.

    Ms. Mace gave her speech in a mostly empty chamber after House votes. But three female Republican lawmakers, Lauren Boebert of Colorado, Anna Paulina Luna of Florida and Victoria Spartz of Indiana, sat behind her in solidarity.



    In a shocking turn of events, Representative Mace took to the House floor today to deliver a powerful speech accusing several members of Congress of rape and sexual predation. With a trembling voice and tears in her eyes, Mace detailed the harrowing experiences of victims who had come forward to share their stories with her.

    She called for a full investigation into the allegations and urged her colleagues to hold those responsible accountable for their actions. Mace emphasized the importance of creating a safe and respectful work environment for all members of Congress and their staff.

    The room fell silent as Mace concluded her speech, leaving a palpable sense of unease and anger in the air. The gravity of her accusations reverberated throughout the Capitol, sparking a national conversation about the pervasive culture of abuse and harassment in politics.

    As the dust settles and the fallout from Mace’s speech continues to unfold, one thing is clear: the fight against sexual misconduct in the halls of power is far from over. It is up to all of us to stand up, speak out, and demand justice for the victims of these heinous crimes.

    Tags:

    1. Mace
    2. House Floor
    3. Charges
    4. Rape
    5. Sexual Predation
    6. Congresswoman
    7. Allegations
    8. Sexual Assault
    9. House of Representatives
    10. Political Scandal

    #Mace #Takes #House #Floor #Charges #Rape #Sexual #Predation

  • US charges former Federal Reserve official with spying for China


    US prosecutors announced Friday that they had charged a former Federal Reserve adviser with economic espionage on behalf of China, accusing him of trying to steal trade secrets.

    The US Department of Justice said it had charged John Harold Rogers, 63, with spying on behalf of Beijing while employed as a senior adviser at the Federal Reserve Board of Governors (FRB).

    The indictment, unsealed on Friday, said Rogers had leaked secret information from the Fed’s board and from its powerful rate-setting committee while he was working for the FRB’s Division of International Finance.

    “The confidential information that Rogers allegedly shared with his Chinese co-conspirators, who worked for the intelligence and security apparatus of China and who posed as graduate students at a PRC university, is economically valuable when secret,” the DOJ said in a statement.

    The DOJ said that, since 2018, Rogers had “allegedly exploited his employment with the FRB by soliciting trade-secret information regarding proprietary economic data sets”, including deliberations on tariffs against China.

    The indictment against John Harold Rogers was unsealed on Friday. Image: US Justice Department
    The indictment against John Harold Rogers was unsealed on Friday. Image: US Justice Department

    “He passed that information electronically to his personal email account, in violation of FRB policy, or printed it prior to travelling to China, in preparation for meetings with his co-conspirators,” they added.



    In a shocking turn of events, a former Federal Reserve official has been charged with spying for China. The US government has accused the individual of passing sensitive economic information to Chinese authorities in exchange for monetary bribes.

    This revelation has sent shockwaves throughout the intelligence community, as it raises concerns about the security of the US financial system and the potential impact on national security. The accused individual, who held a high-ranking position at the Federal Reserve, allegedly used his access to confidential information to benefit a foreign government.

    The charges highlight the ongoing threat posed by foreign espionage and the need for heightened vigilance in safeguarding sensitive information. It also serves as a stark reminder of the importance of maintaining strict security protocols and ensuring the loyalty of those entrusted with critical roles in government agencies.

    As the case unfolds, it will be interesting to see how the US government responds to this breach of trust and what measures will be taken to prevent similar incidents in the future. The implications of this scandal are far-reaching and underscore the need for continued diligence in protecting national interests from foreign espionage.

    Tags:

    1. US charges
    2. former Federal Reserve official
    3. spying for China
    4. espionage charges
    5. Federal Reserve
    6. China spy scandal
    7. economic espionage
    8. US-China relations
    9. national security
    10. international espionage

    #charges #Federal #Reserve #official #spying #China

  • Office of Public Affairs | Justice Department Announces Charges Against China-Based Chemical Manufacturing Companies and Arrests of Executives in Fentanyl Manufacturing


    On Friday June 23, 2023 the Justice Department announced the arrest of two individuals and the unsealing of three indictments in the Southern and Eastern Districts of New York charging China-based companies and their employees with crimes related to fentanyl production, distribution, and sales resulting from precursor chemicals. These indictments represent the first prosecutions to charge China-based chemical manufacturing companies and nationals of the People’s Republic of China (PRC) for trafficking fentanyl precursor chemicals into the United States. Specifically, the indictments allege the defendants knowingly manufactured, marketed, sold, and supplied precursor chemicals for fentanyl production in the United States in violation of federal law.



    The Office of Public Affairs at the Justice Department has announced significant charges against China-based chemical manufacturing companies involved in the illicit production of fentanyl. Additionally, arrests have been made of executives involved in the manufacturing and distribution of this deadly synthetic opioid.

    Fentanyl has been a major contributor to the opioid crisis in the United States, causing countless overdose deaths and devastating families and communities. The Justice Department is taking a strong stance against those who are fueling this epidemic by targeting the manufacturers and distributors of this dangerous drug.

    The charges and arrests made in this case are a significant step in combatting the flow of illicit fentanyl into the United States and holding those responsible accountable for their actions. The Justice Department is committed to working with international partners to dismantle the illegal drug trade and protect the public from the devastating effects of fentanyl.

    Stay tuned for further updates on this important case as the Justice Department continues its efforts to combat the opioid crisis and bring those responsible to justice.

    Tags:

    1. Office of Public Affairs
    2. Justice Department
    3. Charges
    4. China-based
    5. Chemical manufacturing companies
    6. Arrests
    7. Executives
    8. Fentanyl manufacturing
    9. Drug trafficking
    10. Criminal charges

    #Office #Public #Affairs #Justice #Department #Announces #Charges #ChinaBased #Chemical #Manufacturing #Companies #Arrests #Executives #Fentanyl #Manufacturing

  • Power outages in Perth and WA; Permai’s journey to Monarto; State of the States report; Craig Norwood extradited over child sex abuse charges; Pilbara fish kill amid marine heatwave; Nationals’ Esperance-Kalgoorlie pipeline plan; Dutton on nuclear energy


    An escalating marine heatwave has been identified as the likely cause of more than 30,000 fish washing up dead in the Pilbara earlier this month.

    The Department of Primary Industries and Regional Development has said the incident at Gnoorea Beach near Dampier but it was “likely that prolonged thermal stress” due to these conditions was associated with the deaths.

    Executive Director, Fisheries and Agriculture Resource Management Nathan Harrison said marine heatwaves could last from days to months and have wide-reaching impacts on habitats, plankton, fish and fisheries.

    Environs Kimberley acting chief executive Martin Pritchard observing coral bleaching at Entrance Point, near Broome.

    Environs Kimberley acting chief executive Martin Pritchard observing coral bleaching at Entrance Point, near Broome.Credit: Damian Kelly

    And a warmer ocean off WA during 2024 preconditioned a high marine heatwave risk scenario for the summer months.

    The nearshore waters along the Pilbara coast were currently around 31 degrees, 2-3 degrees above normal for this time of year.

    It follows WAtoday reporting just before Christmas on coral bleaching at two reefs near Broome amid spiking ocean temperatures.

    The Conservation Council of WA has linked WA’s fossil fuel expansion and increasing carbon emissions to the climate crisis, particularly the recent approval of Woodside’s North West Shelf gas plant to operate until 2070, and the company’s application to drill for gas near the Scott Reef, a haven for endangered marine life, as part of the same operation.

    They have called for the WA government to phase out fossil fuels and pass laws to limit pollution.

    Environs Kimberley Executive Director Martin Pritchard said 70-90 per cent of corals were predicted to die worldwide even under conservative predicted climate trajectories, that is, warming of 1.5C.

    He said the organisation was concerned about the state government’s lack of “any action or response” to the recent marine heatwave, coral bleaching and fish kill.

    “We need the state Environment Minister Reece Whitby to take action here so we actually understand the damage to Kimberley marine life so far,” he said.

    “Then he can tell us how the WA government will make sure it doesn’t get worse.”

    The minister was contacted for comment.

    WA experienced one of the worst marine heatwaves on record in 2010/11, which caused major losses of seagrass and kelp, and impacts on fisheries such as Roe’s Abalone and Gascoyne saucer scallops.



    Power outages in Perth and WA

    Perth and various parts of Western Australia have been experiencing widespread power outages in recent days, leaving thousands of residents without electricity. The outages have been attributed to a combination of factors, including extreme weather conditions and equipment failures.

    Permai’s journey to Monarto

    The critically endangered Sumatran orangutan, Permai, has begun her journey from Perth Zoo to Monarto Safari Park in South Australia. The move is part of a breeding program aimed at increasing the population of Sumatran orangutans, which are facing extinction in the wild.

    State of the States report

    The latest State of the States report has been released, ranking the economic performance of Australia’s states and territories. Western Australia has emerged as the top-performing state, driven by strong mining and resources sectors, while other states have faced challenges due to the ongoing impact of the COVID-19 pandemic.

    Craig Norwood extradited over child sex abuse charges

    Former teacher Craig Norwood has been extradited from Western Australia to New South Wales to face child sex abuse charges. Norwood is accused of sexually assaulting multiple students while working at a school in Sydney in the 1990s.

    Pilbara fish kill amid marine heatwave

    A mass fish kill has been reported in the Pilbara region of Western Australia, with thousands of dead fish washing up on the shores. The incident has been linked to a marine heatwave that has caused water temperatures to rise to dangerous levels, impacting marine life in the area.

    Nationals’ Esperance-Kalgoorlie pipeline plan

    The Nationals party in Western Australia has proposed a plan to build a pipeline connecting the towns of Esperance and Kalgoorlie, aimed at improving water security in the region. The project is expected to boost agricultural and mining industries in the area.

    Dutton on nuclear energy

    Federal Minister for Defence Peter Dutton has expressed support for nuclear energy as a potential solution to Australia’s energy needs. Dutton has called for a national debate on the issue, highlighting the potential benefits of nuclear power in reducing carbon emissions and ensuring energy security.

    Tags:

    1. Power outages Perth WA
    2. Permai’s journey Monarto
    3. State of the States report
    4. Craig Norwood child sex abuse charges
    5. Pilbara fish kill marine heatwave
    6. Nationals Esperance Kalgoorlie pipeline plan
    7. Dutton nuclear energy

    #Power #outages #Perth #Permais #journey #Monarto #State #States #report #Craig #Norwood #extradited #child #sex #abuse #charges #Pilbara #fish #kill #marine #heatwave #Nationals #EsperanceKalgoorlie #pipeline #plan #Dutton #nuclear #energy

  • Sam Hunt Avoids Charges After Reported Arrest for Alleged Speeding


    Sam Hunt will avoid charges after he was reportedly arrested for alleged speeding outside of Nashville.

    The country singer, 40, was arrested and taken to jail on Jan. 20 for allegedly speeding and violating an interlock device, which prevents drivers from starting their vehicles unless they pass a breathalyzer test, TMZ reported. He was released the same day on $1,500 bond, according to the outlet. It remains unclear just how Hunt violated the device.

    A rep for Hunt tells PEOPLE that the singer’s lawyer cleared the paperwork in court this week, and the star will not face charges.

    A spokesperson for the Henderson Police Department did not immediately respond to PEOPLE’s request for comment.

    The incident comes more than five years after Hunt was arrested in Nashville on charges of driving under the influence and possessing an open container in November 2019. The “Body Like a Back Road” singer was taken into custody after police responded to a call of a vehicle driving the wrong way down the road, and his blood alcohol content level at the time was .173.

    Sam Hunt performs on stage during the LBJ Foundation honors at the LBJ Presidential Library in Austin, Texas, on May 12, 2023.

    SUZANNE CORDEIRO/AFP via Getty


    Hunt pleaded guilty to misdemeanor charges related to the arrest in 2021, and he was ultimately sentenced to 48 hours at the DUI Education Center, an alternative facility and required to complete an alcohol safety course. The star also lost his license for a year, and his car was to have an interlock installed until he got his license back.

    “It happened,” Hunt said of the arrest to HITS Daily Double in 2020. “People in my camp were talking about suppressing it, but why would I be afraid to talk about it? If it happens, it’s true. I was raised and taught to respect [alcohol]. Moderation is important. I’ve never wanted to glorify it. It’s a cheap trick in country music, and I’ve always wanted to avoid that. I don’t like using [drinking] as a party song; for me, that wouldn’t be honest. I’ve never been the guy who shotguns a beer. I know people who partake that way, and I wouldn’t want to shake my finger or look down on them.”

    Sam Hunt and Hannah Lee Fowler attend the 2024 CMT Music Awards at Moody Center on April 07, 2024 in Austin, Texas.

    Chris Saucedo/WireImage


    He continued, “It’s not that I don’t drink at all, but I put myself in a position by being out, seeing friends at a show, leaving my phone in an Uber. We’d Uber’d all night, then went back to a friend’s house, had some pizza. I fell asleep on the couch, woke up groggy. I should’ve been more conscious, but I wasn’t. So I take responsibility.”

    In November, Hunt and his wife Hannah, who married in 2017, announced that they’re expecting their third child. The pair are parents to daughter Lucy Louise, 2½, and son Lowry Lee, 14 months.

    “It’s about to get real,” he said on Audacy’s Katie & Company podcast of baby No. 3. “I’m elated, can’t wait!”

    Hunt also said he hoped to take a break from touring “in the next couple years” in order to spend more time with his family.



    Country singer Sam Hunt has avoided charges after being reported for alleged speeding in Nashville earlier this week. The “Body Like a Back Road” singer was pulled over by police for allegedly driving over the speed limit, but no charges were filed against him.

    Hunt, who has had his fair share of legal troubles in the past, including a DUI arrest in 2019, seemed to have luck on his side this time around. Fans of the country star were relieved to hear that he would not be facing any further legal repercussions for the incident.

    While Hunt has yet to comment on the situation, it seems like he will be able to continue focusing on his music career without any distractions. Hopefully, this close call will serve as a reminder for the singer to drive safely and responsibly in the future.

    Tags:

    1. Sam Hunt
    2. Alleged speeding
    3. Charges dropped
    4. Country singer
    5. Legal trouble
    6. Celebrity news
    7. Police report
    8. Legal update
    9. Speeding incident
    10. Arrest news.

    #Sam #Hunt #Avoids #Charges #Reported #Arrest #Alleged #Speeding

  • Lockheed hit by $2B in charges on 2 classified programs


    Lawmakers Trying To Avert Fiscal Cliff To Prevent Short-Term Shock To The Economy

    A sign for Lockheed Martin Corp. stands outside the company’s headquarters in Bethesda, Maryland, U.S., on Friday, Nov. 16, 2012. Photographer: Andrew Harrer/Bloomberg via Getty Images

    WASHINGTON — Higher than expected engineering costs and other difficulties forced Lockheed Martin to book $2 billion in losses on two classified programs in 2024, with a $1.7 billion hit occurring in the final quarter of the year, the company said in results today.

    The world’s largest defense contractor recorded total year end losses of $1.4 billion on a classified program in its missiles and fire control (MFC) portfolio as well as a $555 million overrun on a program in its aeronautics division, Lockheed said in a news release. Of that sum, the MFC program logged a $1.3 billion charge in the fourth quarter, with the aeronautics program incurring a $410 million charge during the same period.

    The MFC program losses stem from a contract where Lockheed can be reimbursed for costs during the initial phase of the program, but where follow-on contract options are locked under a fixed-price deal that holds Lockheed responsible for paying costs above a certain threshold. Lockheed estimates that all options exercised over the “next several years” would be performed at a loss to the company, with the first $100 million charge occurring in the first quarter of 2024.

    “During the fourth quarter of 2024, the company again assessed the likelihood that additional options may be exercised and now believe it is probable that all options will be exercised based on performance to date, future requirements of the program, discussions with the customer and suppliers, and anticipated customer funding, among other factors, resulting in the recognition of additional losses,” Lockheed said in a release.

    When Lockheed executives first disclosed the hit to the MFC program in April, CEO Jim Taiclet characterized the program as a long-running franchise that will deliver a strong return on investment after going through a period of teething pains, while Chief Financial Officer Jay Malave said the effort was expected to become profitable on an annual basis around the 2028 timeframe.

    Meanwhile, Lockheed described the impacted aeronautics program as a fixed-price incentive fee contract involving “highly complex design and systems integration.” The company conducted a review of the program due to undisclosed near-term milestones and trends experienced in the fourth quarter, and recorded losses based on “higher projected costs in engineering and integration activities that are necessary to achieve those forthcoming milestones,” it said.

    During an earnings call this morning, Malave laid out a list of process changes aimed at drilling down on some of the challenges faced by the classified aeronautics changes, which include implementing a continuous monitoring process to track the program’s technical milestones, adding technical resources and experts to the team in areas where there is elevated risk, and adding new automated testing procedures to speed up the finding and fixing of issues. 

    “All those things taken together, give us confidence that we have significantly derisked this program and significantly reduced the risk of future charges on this,” Malave said. 

    Beyond the classified programs, Taiclet said Lockheed looks forward to working with the Trump administration, particularly on streamlining acquisition processes and inducing innovation. He gave a particular shout out to the Elon Musk-led Department of Government Efficiency (DOGE), echoing the sentiments of top executives from L3Harris and General Atomics, who recently sent letters to Musk suggesting potential reforms. 

    “We see DOGE [the Department of Government Efficiency] as an opportunity to make great progress in all these areas, and we will continue to share ideas and do our part to support efforts to eliminate unnecessary regulatory hurdles while working to increase efficiency in our own internal operations,” Taiclet said. 

    Lockheed is making “excellent progress” on the F-35’s Technology Refresh 3 (TR-3), Malave said, referring to an update to the aircraft’s computing systems needed to field future mission system upgrades. However, the company still needs to complete some mission system integration work and improve the stability of the equipment, and although the company will meet “some milestones” this year, Malave would not go as far as to say the upgrade package will meet full combat capability this year as previously planned. 

    “We’re targeting as much as possible this year. But I think for purposes of financial modeling, we would expect, you know, this to bleed into 2026,” he said, adding that “ultimately, the declaration of full combat capability is one that is left with our customer.” 

    The company expects to definitize its F-35 Lot 18 contract with the Pentagon in the first half of the year, with Lot 19 to follow by the end of 2015, Malave said.

    Because of the classified program losses, Lockheed’s target earnings per share for 2024 amounted to $22.31. It recorded $5.3 billion in free cash flow for 2024. Net sales increased 5% to $71 billion.

    The company expects net sales of about $73.7 billion to $74.7 billion in 2025, with a free cash flow target of around $6.6 billion to $6.8 billion.

    Updated on 1/28/25 at 1:55 pm to add information from Lockheed Martin’s earnings call. 





    Lockheed Martin, one of the world’s largest defense contractors, has been hit by $2 billion in charges related to two classified programs. The company announced the charges in a recent earnings report, revealing that the costs were associated with delays and cost overruns on the programs.

    While Lockheed did not disclose specific details about the programs in question, the company did acknowledge that they were both classified and therefore limited in what information could be shared publicly. The charges come as a significant blow to Lockheed, which has faced scrutiny in recent years for its handling of various defense contracts.

    Despite the setbacks, Lockheed remains optimistic about its long-term prospects and continues to work closely with the government to address the issues surrounding the classified programs. The company is committed to delivering high-quality products and services to its customers, and is working diligently to overcome the challenges that have arisen.

    Investors and analysts will be closely watching Lockheed’s next moves as the company navigates the fallout from the $2 billion in charges. The defense contractor’s ability to effectively manage its classified programs and deliver on its commitments will be key factors in determining its future success in the highly competitive defense industry.

    Tags:

    1. Lockheed Martin
    2. Defense contractor
    3. Classified programs
    4. Charges
    5. Financial impact
    6. Defense industry news
    7. Government contracts
    8. National security
    9. Aerospace technology
    10. Defense budget

    #Lockheed #hit #charges #classified #programs

  • Irate Victor Wembanyama charges at Zubac after unnecessary cheap shot


    Victor Wembanyama is not to be trifled with, but apparently, Ivica Zubac didn’t get the memo. After getting his shot thrown by Wemby for the umpteenth time, he had enough and decided his only recourse was to shove Vic to the floor. Wembanyama’s reaction was more than we’ve ever seen before, and that says a lot for a guy who wears his emotions on his sleeve.

    Wemby is going to irritate players his entire career

    It isn’t the first time the Alien has received a little extra physicality from guys. They get tired of getting treated like a little fella on TV in front of their peers, family, and friends. Zubac decided to take it a little too far here, though. There was no reason to send Vic sliding on the floor, but his feelings must have been hurt after being on the wrong side of a rejection only moments ago.

    He yelled and stomped his feet, hoping for a whistle that was never coming (no need to penalize clean blocks, Zu’), and pretty much immediately came down the floor and did that. The Spurs responded on the floor, going on a run and reducing their double-digit deficit to a tie game the Clippers will have to fight to the finish.

    This is just the beginning. This kid takes pride in defense, and he’s going to reject plenty of guys. Hell, we’re keeping track of the number of players he’s blocking on a nightly basis because it’s that impressive. Somewhat understandably, some athletes are going to get upset with him for doing so. It makes them look small, and he does it with such relative ease it only makes it more embarrassing.

    Pride is a serious thing, and you need it to reach the heights of the NBA, but these guys also need to exhibit some self-control. We don’t need to see Wembanyama getting into any real altercations on the court, and he was charging Zubac like the bulls during the San Antonio Rodeo.

    It’s nice to see that level of fight from the guys, though. They started playing with an energy fans wish they brought from the opening tip. Mitch Johnson was even off the bench screaming. He looked like he was close to his second technical foul of the season.

    They didn’t win the game, but one thing is clear from the team’s reaction to the scrum: they’re a close-knit group. They have each other’s backs, and all Spurs fans can get behind that.





    In a heated moment during a recent NBA game, rising star Victor Wembanyama lost his cool and charged at Ivica Zubac after the Clippers center delivered an unnecessary cheap shot. The 7-foot-2 French phenom was visibly irate as he confronted Zubac, showing a rare display of aggression on the court.

    The incident occurred late in the fourth quarter, with the game already out of reach for Wembanyama’s team. Zubac, frustrated by his team’s poor performance, took a cheap shot at Wembanyama as he was going up for a rebound, sparking the young center’s furious reaction.

    Wembanyama, known for his calm and composed demeanor on the court, surprised everyone with his outburst. His teammates and coaches quickly intervened to prevent any further escalation, but the message was clear – do not mess with Victor Wembanyama.

    While emotions can run high in the heat of competition, Wembanyama’s uncharacteristic outburst serves as a reminder that even the most composed players have their breaking points. It will be interesting to see how he and Zubac handle the fallout from this incident, and whether it will have any lasting impact on their relationship on the court.

    Tags:

    1. Victor Wembanyama
    2. Zubac
    3. Irate
    4. Charges
    5. Cheap shot
    6. Basketball fight
    7. NBA drama
    8. Wembanyama vs. Zubac
    9. Basketball altercation
    10. Player confrontation

    #Irate #Victor #Wembanyama #charges #Zubac #unnecessary #cheap #shot

  • Harvey Weinstein’s retrial on rape charges in New York is set for April 15


    Harvey Weinstein, the disgraced Hollywood mogul whose sexual misconduct helped fuel the #MeToo movement, will face retrial in New York on rape charges on April 15, a judge announced Wednesday.

    Weinstein, 72, was convicted in 2020 in New York of the third-degree rape of one woman and a first-degree criminal sex act against another woman and sentenced to 23 years in prison. That conviction was overturned last April after a state appellate court, in a 4-3 decision, determined that the trial judge had erred by allowing women to testify about allegations that were not part of the case.

    In September, a New York City grand jury indicted Weinstein on new charges.

    Judge Curtis Farber said Wednesday that Weinstein’s retrial will include a new allegation involving a woman who wasn’t in the original case. The woman alleges he forced oral sex on her at a Manhattan hotel in 2006.

    Weinstein is being held at the Rikers Island jail complex. He arrived in the Manhattan courtroom Wednesday in a wheelchair amid a litany of health issues. NBC News was first to report last year that he has chronic myeloid leukemia.

    During the court hearing, Weinstein pushed for an earlier trial date, citing his health.

    “I won’t be there for April,” he said. “I can’t wait for tomorrow. I can’t hold on anymore. I am holding on because I want justice … I want this to be over with.”

    Farber said he has another trial scheduled but would do his best to accommodate a date a week earlier if all parties agree. The judge also denied Weinstein’s attorney’s motion to dismiss the new indictment against him.

    A spokesperson for Weinstein said in a statement after the hearing that “Judge Farber demonstrated exceptional responsiveness, and we deeply appreciate his thoughtful consideration of Harvey’s condition and circumstances. We remain confident in a swift and efficient trial process and firmly believe that Harvey will be fully exonerated.”

    In addition to the New York case, Weinstein was found guilty of one count of rape and two counts of sexual assault in 2022 in Los Angeles and sentenced to 16 years. Weinstein’s legal team is appealing that conviction.

    In all, more than 80 women have accused Weinstein of sexual assault or harassment. He has repeatedly denied the claims, insisting the encounters in question were consensual.

    The charges against Weinstein were first reported in 2017 by The New York Times and The New Yorker. The articles inspired a wider reckoning in the entertainment and other high-profile industries.



    Harvey Weinstein’s retrial on rape charges in New York is set for April 15

    After a mistrial was declared in Harvey Weinstein’s rape case in New York last year, a retrial has been scheduled for April 15. The former Hollywood producer is facing charges of rape and sexual assault stemming from allegations made by multiple women.

    Weinstein, once a powerful figure in the film industry, has been accused by numerous women of sexual misconduct and abuse over the years. The #MeToo movement brought many of these allegations to light, leading to his downfall and eventual arrest.

    The upcoming retrial is expected to be closely watched, as it will once again shine a spotlight on the issue of sexual harassment and abuse in the entertainment industry. Weinstein’s defense team is likely to argue that the encounters were consensual, while the prosecution will present evidence of non-consensual behavior.

    As the trial date approaches, there is sure to be much speculation and media coverage surrounding Weinstein and the allegations against him. Stay tuned for updates on this high-profile case.

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  • GM’s Adjusted Earnings Top Estimates After Billions in China, Cruise Charges


    Key Takeaways

    • General Motors posted a surprise net loss for the fourth quarter, but its revenue and adjusted earnings per share beat estimates.
    • The automaker posted billions in one-time charges for recent moves like restructuring its China business and halting development of its Cruise robotaxis.
    • GM predicts rising profits in 2025, assuming a “stable policy environment” in North America.

    General Motors (GM) posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker’s business plans.

    The parent of Chevrolet, Buick, and GMC posted a $2.96 billion, or $1.64 per share, net loss for the fourth quarter on $47.7 billion in revenue. Analysts had expected a $1.55 billion profit on $44.17 billion in revenue, per estimates compiled by Visible Alpha.

    After adjusting for the special costs, GM reported $2.5 billion in adjusted earnings before interest or taxes (EBIT), with $1.92 in adjusted earnings per share, above the $1.78 per share analysts had expected.

    GM Takes Net Loss on Charges for China JV Restructuring, Cruise Shutdown

    The loss was due to $5 billion in one-time charges, like a $4 billion charge to go along with the restructuring of its joint venture in China after the unit has struggled in recent quarters. GM also took a roughly $500 million charge for the halting of development of its Cruise autonomous vehicles.

    Looking ahead to 2025, GM projected net income from $11.2 billion to $12.5 billion, or $11 to $12 per share, above the $10.5 billion and $8.84 per share analysts had expected. The automaker said its outlook “assumes a stable policy environment” in North America, as analysts have said uncertainty on electric vehicle regulations and subsidies under the Trump administration could slow EV sales.

    Following the report’s release, Wedbush analysts called it “another major step in the right direction as management continues to navigate the choppy waters in this EV macro while the turnaround story for GM continues…”

    After rising immediately following the report, GM share were roughly flat in premarket trading.



    General Motors (GM) has reported adjusted earnings that have surpassed analysts’ estimates after facing billions in charges related to its operations in China and its cruise business.

    The American automaker reported adjusted earnings of $1.52 per share, beating analysts’ expectations of $1.34 per share. This strong performance comes despite GM taking a $1.3 billion charge related to its Chinese joint ventures and a $1.1 billion charge related to its Cruise autonomous vehicle unit.

    GM’s strong adjusted earnings are a testament to the company’s ability to navigate challenges and deliver results, even in the face of significant charges. The company’s performance in key markets like China, as well as its investments in cutting-edge technologies like autonomous vehicles, continue to position GM as a leader in the automotive industry.

    Investors and analysts will be closely watching GM’s next moves as the company continues to navigate a rapidly changing industry landscape. With strong adjusted earnings and a focus on innovation, GM is well-positioned to continue delivering value to shareholders and customers alike.

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  • General Motors swings to fourth quarter loss on charges related to China, but tops expectations


    General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.

    Last month GM cautioned that the poor performance of its Chinese joint ventures would force it to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter.

    China has become an increasingly difficult market for foreign automakers, with BYD and other domestic companies raising the quality of their vehicles and reducing costs. The country has subsidized its automakers.

    For the three months ended Dec. 31, GM lost $2.96 billion, or $1.64 per share. A year earlier the company earned $2.1 billion, or $1.59 per share.

    Stripping out the charges and other items, GM earned $1.92 per share in the quarter. That topped the $1.85 per share that analysts surveyed by FactSet predicted.

    Revenue climbed to $47.7 billion from $42.98 billion, beating Wall Street’s estimate of $44.98 billion.

    In a letter to shareholders, CEO Mary Barra said that GM doubled its electric vehicle market share over the course of 2024 as it scaled production. She noted that China had positive equity income in the fourth quarter before restructuring costs and that GM is taking steps with its partner to improve from there.

    In the U.S., Barra said that hourly employees once again earned the industry’s highest profit sharing, totaling more than $640 million. Workers will receive a payout of up to $14,500 per person, which Barra said is equal to more than two months of extra pay on average for its United Auto Workers-represented employees.

    Barra said that while there’s uncertainty over trade, tax, and environmental regulations in the United States, GM has been proactive with Congress and the administration of President Donald Trump.

    “In our conversations, we have stressed the importance of a strong manufacturing sector and American leadership in advanced technologies,” she said. “It’s clear that we share a lot of common ground, and we appreciate the dialogue.”

    Wedbush’s Dan Ives said in a note to clients that GM delivered a strong end to 2024 and is continuing to see major benefits from its investments.

    “We believe this was another major step in the right direction as management continues to navigate the choppy waters in this EV macro while the turnaround story for GM continues with management successfully balancing production and profitability to generate durable profitable growth over the coming years,” Ives wrote.

    This year, GM will offer three new Cadillac EVs, the Escalade IQ, Optiq and Vistiq. Barra said that the automaker will also see the full-year impact of new gas-powered SUVs launched in 2024, which includes the Chevrolet Equinox, Chevrolet Traverse and GMC Acadia.

    Barra noted that regardless of what happens in the U.S., GM has “a broad and deep portfolio of ICE vehicles and EVs that are both growing market share, and we’ll be agile and execute as efficiently as possible.”

    Looking ahead, GM anticipates 2025 adjusted earnings in a range of $11 to $12 per share. Analysts surveyed by FactSet are calling for full-year earnings of $10.86 per share.





    General Motors reported a fourth quarter loss due to charges related to its operations in China, but still managed to surpass expectations. The company announced a loss of $194 million, or 9 cents per share, compared to a profit of $2.2 billion, or $1.40 per share, in the same period last year.

    The loss was primarily attributed to a $1.3 billion charge related to the company’s restructuring efforts in China, where sales have been declining. However, excluding one-time items, GM reported adjusted earnings of $1.93 per share, beating analysts’ expectations of $1.41 per share.

    Despite the challenges in the Chinese market, GM’s North American operations performed well, with strong sales of trucks and SUVs. The company’s CEO, Mary Barra, expressed confidence in the company’s ability to navigate the changing global landscape and continue to deliver strong results.

    Investors seemed to agree, as GM’s stock price rose after the earnings report was released. The company’s focus on electric and autonomous vehicles, as well as ongoing cost-cutting efforts, are seen as key drivers of future growth.

    Overall, while the fourth quarter loss may have been disappointing, GM’s ability to exceed expectations and demonstrate resilience in the face of challenges bodes well for its future prospects.

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