Stay Ahead of the Curve: Latest Insights & Trending Topics

Tag: RELATED

  • Maui storm related facility closures : Maui Now


    January 31, 2025, 2:40 PM HST
    * Updated January 31, 2:41 PM

    Wet conditions persist as a this weekʻs winter storm continues to make its way down the island chain. (1.31.25) PC: JD Pells

    All Maui County pools, sports playing fields, tennis and basketball courts and stadiums, including the Waiehu Golf Course, remain closed due to storm-related impacts, according to the Department of Parks and Recreation.

    Impacted parks include Kanahā Beach Park – Kaʻa Point and street gate, Keyhole Beach and Kite Beach; Waiheʻe Beach Park; Leisure Estates Park; Kehalani Mauka Park; Baldwin Beach Park; Keōkea Park Complex; Kula Community Center Complex; Rice Park; Kenolio Dog Park; Ka Lae Pohaku Beach Park; Kalepolepo Beach Park; Lei Park; Kalama Park; Kamaʻole Beach Park I; Kamaʻole Beach Park II; Kamaʻole Beach Park III; War Memorial Sports Complex; Keōpūolani Park – Hui Aloha Playground; Keōpūolani Skate Park; Kepaniwai Park; Papālaua Wayside Park, Ukumehame Beach Park; Hanakaōʻō Park; Wahikuli Wayside Park; Lahaina Recreation Center; Ainakea Park; and Launiupoko Beach Park.

    Parks and facilities will reopen as flooding and damage assessments are made and debris has been removed.

    ARTICLE CONTINUES BELOW AD
    ARTICLE CONTINUES BELOW AD

    Kamaʻole Beach Park II will remain closed due to an irrigation line break and will reopen once repairs are completed.

    At 11 a.m. today, Lānaʻi Landfill was closed after heavy rains and flooding affected already-saturated conditions. A decision will be made Saturday morning on whether the landfill can be safely opened. For information, call 808-565-7197.

    County of Maui Recycling Centers in Makawao, Kīhei, and Haʻikū are closed until further notice due to weather, according to Department of Environmental Management.

    ARTICLE CONTINUES BELOW AD

    All County of Maui offices are closed and expected to reopen Monday. 



    In light of the severe storm hitting Maui, several facilities have announced closures for the safety of their staff and customers.

    The following facilities are closed until further notice:

    1. All Maui County offices, including DMV and public libraries
    2. Maui Mall and Queen Ka’ahumanu Center
    3. Maui Brewing Company’s Kahana location
    4. Maui Tropical Plantation
    5. Maui Ocean Center
    6. Maui Arts and Cultural Center
    7. All public parks and beaches

    Please stay tuned for updates on when these facilities will reopen. Stay safe, Maui! #MauiStorm #FacilityClosures #StaySafeMaui

    Tags:

    1. Maui storm closures
    2. Maui facility closures
    3. Maui storm impacts
    4. Maui weather updates
    5. Maui Now news
    6. Maui storm closures update
    7. Maui storm preparedness
    8. Maui emergency closures
    9. Maui storm aftermath
    10. Maui Now updates

    #Maui #storm #related #facility #closures #Maui

  • Pentagon intelligence agency pauses events, activities related to MLK Day, Black History Month


    In response to President Donald Trump’s executive order banning diversity, equity and inclusion initiatives, the Pentagon’s intelligence agency has paused special event programs and related events, including for Juneteenth, Martin Luther King Jr. Day, Black History Month, Holocaust Days of Remembrance and Pride Month, according to a memo obtained by ABC News.

    Despite being on the list of the Defense Intelligence Agency’s paused events and activities, the memo clarified that Martin Luther King Jr. Day and Juneteenth will remain federal holidays.

    “The Defense Intelligence Agency is working with the Department of Defense to fully implement all Executive Orders and Administration guidance in a timely manner,” Lt. Cmdr. Seth Clarke, DIA spokesman, told ABC News in a statement when asked about the memo. “As we receive additional guidance, we will continue to update our internal guidance.”

    A Juneteenth flag flies on a float during the 45th annual Juneteenth National Independence Day celebrations in Galveston, Texas, on June 15, 2024.

    Mark Felix/AFP via Getty Images, FILE

    A copy of the memo began circulating on social media Wednesday morning.

    The affected events, per the memo, which is dated Jan. 28, 2025, include: Martin Luther King, Jr. Birthday, Black History Month, Women’s History Month, Holocaust Day and Days of Remembrance, Asian American Pacific Islander Heritage Month, Pride, Juneteenth, Women’s Equality Day, National Hispanic Heritage Month, National Disability Employment Awareness Month and National American Indian Heritage Month.

    In this July 16, 2022, file photo, a group of military participants march in the 2022 San Diego Pride Parade in San Diego, Calif.

    Daniel Knighton/Getty Images, FILE

    The pause comes as Black History Month is set to begin on Saturday, Feb. 1.

    Trump has targeted DEI initiatives in a series of executive orders in his first week in office, with the White House saying that “DEI creates and then amplifies prejudicial hostility and exacerbates interpersonal conflict.”

    The memo also noted that the DIA would “pause Agency Resource Groups, Affinity Groups, and Employee Networking Groups, effective immediately and until further notice.”



    The Pentagon intelligence agency has decided to pause all events and activities related to Martin Luther King Jr. Day and Black History Month. This decision comes as a response to the recent events surrounding the insurrection at the Capitol and the ongoing concerns about security.

    The agency stated that they want to take the time to reflect on the significance of these important holidays and to ensure that they are celebrated in a safe and respectful manner. They also mentioned that they are committed to promoting diversity and inclusion within their organization.

    While this pause may disappoint some individuals who were looking forward to participating in these events, the agency emphasized that the safety and well-being of their employees and the community are their top priorities.

    Stay tuned for updates on when these events and activities will resume. In the meantime, let us all take this time to reflect on the legacy of Martin Luther King Jr. and the contributions of Black Americans to our history and society.

    Tags:

    1. Pentagon intelligence agency
    2. MLK Day
    3. Black History Month
    4. Event cancellation
    5. Intelligence agency news
    6. Government update
    7. Civil rights leader
    8. Diversity celebration
    9. National security
    10. Social justice issues

    #Pentagon #intelligence #agency #pauses #events #activities #related #MLK #Day #Black #History #Month

  • 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.

    Tags:

    General Motors, GM, fourth quarter loss, China charges, earnings report, financial results, automotive industry, stock market, revenue, expectations exceeded, business news, economic impact

    #General #Motors #swings #fourth #quarter #loss #charges #related #China #tops #expectations

  • Cori Clingman faces 13 charges related to Khyree Jackson’s death


    • Kevin SeifertJan 23, 2025, 06:07 PM ET

      Close

        Kevin Seifert is a staff writer who covers the Minnesota Vikings and the NFL at ESPN. Kevin has covered the NFL for over 20 years, joining ESPN in 2008. He was previously a beat reporter for the Minneapolis Star Tribune and Washington Times. He is a graduate of the University of Virginia. You can follow him via Twitter @SeifertESPN.

    A driver involved in the crash that killed Minnesota Vikings rookie Khyree Jackson and two others was arrested Thursday and charged with 13 counts, including DUI and criminally negligent vehicular manslaughter, the Prince George’s County (Maryland) state attorney said.

    Cori Clingman, who was 23 at the time of the accident, remained in custody as of Thursday evening and will have a bond hearing scheduled soon, attorney Aisha Braveboy said.

    “This was a horrific tragedy that should not have occurred,” Braveboy said. “This really just starts our fight to get justice.”

    The three-car crash occurred at 3:14 a.m. on July 6, 2024. Isaiah Hazel and Anthony Lytton Jr., two high school football teammates of Jackson’s, were also killed.

    Hazel, 23, played at Maryland and Charlotte. Lytton, 24, played at Florida State and Penn State.

    Maryland State Police said last summer that Hazel was driving a Dodge Charger with Jackson in the passenger seat when their car was struck by an Infiniti Q50 driven by Clingman, who was attempting to change lanes at a high speed. Clingman’s car also struck a Chevrolet Impala. The Charger left the road and struck multiple tree stumps. According to police, Jackson and Hazel were pronounced dead at the scene, while Lytton was transported to a hospital before being pronounced dead by hospital personnel.

    Clingman, the two passengers in her car and the driver of the Impala were uninjured.

    Braveboy said Thursday that she could not add many details because the investigation is “ongoing.” She did not reveal Clingman’s exact blood alcohol content but confirmed it was “at least” above the legal limit of 0.08% in Maryland.

    Jackson, who was one month away from his 25th birthday at the time of his death, was the Vikings’ fourth-round pick in the 2024 NFL draft. He attended spring OTAs and minicamp and endeared himself to a veteran team with his enthusiasm and confidence.

    The Vikings donated $20,000 toward expenses for Jackson’s funeral and also paid out his $827,148 signing bonus to his estate.

    A contingent of players and staff members attended his funeral, during which coach Kevin O’Connell was one of the featured speakers. Players wore a “KJ” sticker on the back of their helmets throughout season, while coaches and staff members wore pins with the same initials.

    “You felt [Jackson] had such a laser focus on what his mission and what his plan was,” O’Connell said during training camp. “It really showed up in the spring. He had a very, very good spring and was really looking forward to coming back to training camp and being well on his way [and] on that path to having a big impact on our team for this year. Just some of my personal dialogue with him and the work he was putting in throughout the summer, you just knew he was going to come back and do that.”

    In an ESPN feature story that aired earlier this month, O’Connell said he “fell in love” with Jackson during his brief time with the team this spring and that players and coaches rallied around his memory.

    “We’re all grieving and we all grieve in our own ways,” O’Connell said. “But there’s not thing more powerful than grieving together, and we’re going to do it in the way that best honors Khyree and his family.”



    Cori Clingman, a 27-year-old woman from Detroit, is facing 13 charges in connection to the death of 9-year-old Khyree Jackson. Jackson was found dead in his home on February 15th, and an investigation revealed that he had been severely abused and neglected.

    Clingman, who was dating Jackson’s father at the time of the boy’s death, has been charged with multiple counts of child abuse, torture, and murder. Authorities believe that she played a significant role in the abuse and neglect that ultimately led to Jackson’s tragic death.

    The community has been shocked and outraged by the details of this case, and many are calling for justice to be served for young Khyree Jackson. As the legal proceedings move forward, we can only hope that those responsible for his death are held accountable for their actions. Our thoughts and prayers are with the family and loved ones of Khyree Jackson during this difficult time.

    Tags:

    1. Cori Clingman charges
    2. Khyree Jackson death
    3. Cori Clingman legal case
    4. Khyree Jackson murder
    5. Cori Clingman trial
    6. Khyree Jackson homicide
    7. Cori Clingman criminal charges
    8. Khyree Jackson investigation
    9. Cori Clingman court case
    10. Khyree Jackson criminal charges
    11. Cori Clingman arrest
    12. Khyree Jackson suspect
    13. Cori Clingman legal news.

    #Cori #Clingman #faces #charges #related #Khyree #Jacksons #death

  • Are Bill Burr and Billy Corgan related? Comedian and singer meet




    Are Bill Burr and Billy Corgan related? Comedian and singer meet

    Fans of both comedy and music may be wondering if there is any relation between comedian Bill Burr and Smashing Pumpkins frontman Billy Corgan. Despite their similar names and both being well-known figures in their respective fields, there is no known familial connection between the two.

    However, that hasn’t stopped the two from crossing paths in the entertainment world. In fact, Burr has been known to be a fan of Corgan’s music, even mentioning him in some of his stand-up routines. And Corgan has also shown support for Burr, attending one of his comedy shows in the past.

    So while they may not be related by blood, Bill Burr and Billy Corgan have found common ground in their appreciation for each other’s work. Who knows, maybe one day they’ll collaborate on a project together and further solidify their connection in the entertainment industry. Until then, fans can continue to enjoy their individual talents and keep an eye out for any future interactions between the two.

    Tags:

    Bill Burr, Billy Corgan, comedian, singer, related, family connection, Bill Burr family, Billy Corgan family, celebrity relatives, comedian and singer, famous relatives

    #Bill #Burr #Billy #Corgan #related #Comedian #singer #meet

  • Researchers identify 36 genes related to the onset and development of bipolar disorder


    The study was led by the Bipolar Disorder Working Group at the Psychiatric Genomics Consortium, an international group made up of more than 800 researchers from 40 countries in which professionals from IDIBAPS-Hospital Clínic and Hospital Vall d’Hebron participate, all of them researchers from CIBER de Salud Mental (CIBERSAM).

    A disorder with a high genetic component

    Bipolar disorder is a chronic mental disorder that affects between 40 and 50 million people worldwide and is characterised by the alternation of depressive episodes and episodes of mania or hypomania (euphoric or irritable moods). It can have a profound impact on daily life if not treated properly and poses a significant public health problem.

    It has a substantial genetic basis, with an estimated heritability of between 60% and 80%. However, identifying the specific genes involved in this disorder has been a great challenge due to its complexity, as it combines genetic and environmental factors.

    Genetic characterisation of bipolar disorder

    The international group conducted a meta-analysis of several genome-wide association studies, combining their results to more accurately identify the genetic variants associated with a disease or a trait. In total, more than 158,000 patients with bipolar disorder and 2.8 million people without the disorder were included and the genes of the two groups were compared to decipher the existing differences. The most important feature is that people from all six inhabitable continents were included for the first time.

    The study identified 337 variants of genome-wide significance (GWS) that are mutually independent and grouped into 298 specific regions of the genome (loci). This identification is four times larger than that of any previous study. These genetic variants are related to the causes of the disorder, as well as to brain plasticity and signal transmission.

    By combining the results of advanced genetic mapping techniques, like fine-mapping and other strategies to link genetic variants with specific genes, the researchers identified 36 reliable genes related to the causes or development of bipolar disorder.

    The researchers also found genetic differences, depending on the patients’ subtype of bipolar disorder. For instance, they found a greater genetic relationship with schizophrenia in the cohorts with a large proportion of patients with type 1 bipolar disorder. In the cohort with more cases of patients with type 2 bipolar disorder, they detected a greater genetic correlation with major depressive disorder and attention deficit hyperactivity disorder (ADHD).

    ‘With this study, we have taken a big step forward to better understand how this disorder functions and what causes it. Given a little more time, we also hope to develop new and better treatments for it’, says Dr Eduard Vieta, the head of Hospital Clínic’s Psychiatry Service and of the IDIBAPS research group Bipolar and depressive disorders.

    Study reference:

    Characterising the genetic landscape of bipolar disorder yields novel biological insights. Nature. DOI: https://www.nature.com/articles/s41586-024-08468-9



    Researchers have recently made a breakthrough in understanding bipolar disorder by identifying 36 genes that are related to the onset and development of the disorder. This discovery sheds light on the complex genetic factors that contribute to bipolar disorder and may lead to new avenues for treatment and management.

    Bipolar disorder is a mental health condition characterized by extreme mood swings, ranging from manic episodes of high energy and euphoria to depressive episodes of sadness and hopelessness. It affects millions of people worldwide and can have a significant impact on daily functioning and quality of life.

    By pinpointing these 36 genes, researchers have taken a crucial step towards unraveling the genetic basis of bipolar disorder. Understanding the role of these genes in the development of the disorder could help identify individuals at risk, improve early detection, and ultimately lead to more targeted and effective treatments.

    This groundbreaking research opens up new possibilities for personalized medicine and precision psychiatry in the treatment of bipolar disorder. As scientists continue to delve deeper into the genetic underpinnings of mental health conditions, we are one step closer to developing more tailored and effective interventions for those living with bipolar disorder.

    Tags:

    1. Bipolar disorder genes
    2. Genetic factors in bipolar disorder
    3. Bipolar disorder research
    4. Bipolar disorder genetics study
    5. Genetic markers for bipolar disorder
    6. Bipolar disorder gene identification
    7. Genes linked to bipolar disorder
    8. Bipolar disorder genetic research
    9. Bipolar disorder gene discovery
    10. Genetic variations in bipolar disorder

    #Researchers #identify #genes #related #onset #development #bipolar #disorder

  • Are Travis Kelce and Jason Kelce related? What to know about Chiefs TE and ESPN host


    Are Travis Kelce and Jason Kelce related?

    The Kansas City Chiefs will host the Houston Texans in a Saturday divisional round game that ESPN will broadcast. As a result, there’s a good chance the Chiefs tight end will cross paths with the former Philadelphia Eagles center and current ESPN host.

    Travis, known for both his dominance on the football field and for dating worldwide pop superstar Taylor Swift, is the younger brother to Jason, who retired last year after 13 seasons as the Eagles‘ center. The elder Kelce has since begun his career as a broadcaster for ESPN and joined the sports network’s weekly “Monday Night Countdown” program this season.

    Here’s what to know about the Kelce brothers:

    NEED HELP MAKING PICKS? Today’s NFL picks: Unlock exclusive data-driven predictions

    Are Travis Kelce and Jason Kelce related?

    Yes, Travis and Jason Kelce are brothers. Jason is the older of the two by two years, and he also began his NFL career two years before Travis did.

    Both brothers were born and raised in Ohio and attended Cleveland Heights High School together. They also both attended the University of Cincinnati for college before going on to be drafted by their respective teams – Jason, by the Eagles in the sixth round in 2011 and Travis, by the Chiefs in the third round in 2013.

    In 2022, the two brothers launched a podcast called “New Heights with Jason and Travis Kelce” in which they discuss the latest NFL news and games on a weekly basis. The name of the show is a kind of homage to their hometown of Cleveland Heights, Ohio.

    NEW HEIGHTS PODCAST: LeBron makes his NFL player comparison on Travis and Jason Kelce’s podcast

    Does Jason Kelce still play football?

    No. Jason Kelce retired from the NFL after the 2023 season, his 13th year in the league.

    The elder Kelce had considered retirement one season prior but ultimately decided to return on a one-year contract with the Eagles. After the 2023 season ended, he made his retirement official.

    Jason has continued his podcast with his brother in retirement, and he’s also started his career as a broadcaster for ESPN. He also began a new late-night talk show for the sports media network at the start of the new year called “They Call It Late Night with Jason Kelce.” It debuted with its first episode on Jan. 4.

    TAYLOR SWIFT AND TRAVIS KELCE: A look back at relationship timeline

    Where are Jason and Travis Kelce from?

    The Kelce brothers grew up in Cleveland Heights, Ohio. The name of their hometown also inspired the name of their podcast, “New Heights.”

    How to watch Chiefs vs. Texans

    ESPN and its family of networks hold the broadcast rights to the Chiefs vs. Texans game in the divisional round this weekend. Here’s what to know:

    • Date: Saturday, Jan. 18

    • Time: 4:30 p.m. ET

    • Location: GEHA Field at Arrowhead Stadium, Kansas City, Missouri

    • TV Channel: ESPN/ABC

    • Streaming: ESPN+; Fubo

    Don’t miss any NFL playoff action with a Fubo subscription

    We occasionally recommend interesting products and services. If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network newsrooms operate independently, and this doesn’t influence our coverage.

    This article originally appeared on USA TODAY: Is Jason Kelce related to Travis Kelce? ESPN host, Chiefs TE relation



    Travis Kelce and Jason Kelce are two well-known figures in the world of sports, but are they related? Here’s what you need to know about the Kansas City Chiefs’ tight end and the ESPN host.

    Despite sharing the same last name and both being prominent figures in the NFL, Travis Kelce and Jason Kelce are not related. Travis Kelce is a standout tight end for the Chiefs, known for his incredible athleticism and playmaking ability on the field. He has been a key player for the team, helping them to multiple playoff appearances and a Super Bowl victory in 2020.

    On the other hand, Jason Kelce is a center for the Philadelphia Eagles and is known for his leadership and tenacity on the field. He has been a key player for the Eagles, helping them to a Super Bowl victory in 2018.

    While they may not be related by blood, Travis and Jason Kelce share a common bond through their passion for football and their dedication to their respective teams. Both players have achieved great success in their careers and continue to be respected figures in the NFL.

    So, the next time you see the name Kelce on the field or on ESPN, remember that Travis and Jason may not be related, but they are both talented athletes who have made a significant impact on the game of football.

    Tags:

    Travis Kelce, Jason Kelce, Kelce brothers, Chiefs TE, ESPN host, NFL players, family connections, Kelce family, sports siblings, football stars, athlete brothers, Kelce brothers relationship, Kelce brothers family ties.

    #Travis #Kelce #Jason #Kelce #related #Chiefs #ESPN #host

  • Ripple Related Token Rockets 11% as Bitcoin Bulls Target $185,000

    Ripple Related Token Rockets 11% as Bitcoin Bulls Target $185,000


    Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week.

    A CoinDesk analysis from Tuesday flagged unusually high trading volumes for XRP stemming from South Korean exchanges, which has historically acted as a harbinger for price volatility with a bias to the upside.

    XRP surged 11% to lead growth among majors as of Thursday, led by $1.3 billion worth of trading volumes on Korea-focused exchange UpBit.

    Among other majors, Cardano’s ADA, Solana’s SOL and Chainlink’s LINK added as much as 8%. Ether (ETH) and BNB Chain’s BNB rose 3%, while memecoins dogecoin (DOGE) and shiba inu (SHIB) added 5%.

    The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, minus stablecoins, rose 5.8%.

    The anticipation of a more crypto-friendly administration under incoming U.S. president Donald Trump, who has made campaign promises for crypto friendly policies and a strategic bitcoin reserve, is largely fuelling optimism for 2025.

    The Bitcoin halving event in 2024 historically led to a bullish trend in the following year due to the reduced supply of new tokens entering the market. The broader crypto market also tends to follow a four-year cycle influenced by the halvings — with memecoins, AI and real-world assets expected to be market leaders.

    Predictions aren’t limited to mere cycles, however. Firms such as Galaxy Research predict large-scale institutional, corporate, and nation-state adoption in bitcoin investments, with at least five Nasdaq-100 companies and five nation-states expected to adopt the asset.

    The firm targets a $185,000 level for bitcoin and $5,500 for ether (ETH) this year.

    Singapore-based QCP Capital mirrors that sentiment: “For 2025, while optimism surrounds crypto-friendly regulations post-Trump inauguration, we think the key catalyst may come in January as institutions readjust asset allocations.”

    “With BTC now broadly adopted by a broad spectrum of institutions, allocations are likely to increase, strengthening Bitcoin dominance, stabilizing spot movements, and shifting volatility dynamics closer to equities,” the firm said in a Telegram broadcast on Tuesday. “Expect stronger demand for downside puts for hedging and more covered call selling on the topside.”

    Some say bitcoin becoming a mainstream asset may further reduce its infamous volatility, leading to even more adoption among institutional firms.

    “Mainstream’s effect on crypto is most evident through BTC’s high correlation to the SPX, remaining the most correlated asset as we end 2024,” Augustine Fan, head of insights at SOFA, told CoinDesk in a Telegram message. “Another sign of BTC heading towards being a mainstream asset class is its declining realized volatility, which would eventually add more diversification benefits and alpha to the traditional 60/40 portfolio.”

    “Volatility should continue to decline as an asset class matures, as our long-standing view is that crypto would be no different,” Fan added.





    The cryptocurrency market is heating up once again as Ripple related token experiences a massive 11% surge in price. With Bitcoin bulls setting their sights on a target of $185,000, all eyes are on the digital asset space.

    Investors are closely monitoring the movement of Ripple related token, which has seen a significant uptick in value in recent days. This surge is fueling excitement among traders and analysts, who are predicting further gains in the near future.

    Bitcoin, the leading cryptocurrency, is also on a tear as bulls push the price towards the $185,000 mark. This has sparked renewed optimism among crypto enthusiasts, many of whom believe that the digital asset is well on its way to hitting new all-time highs.

    As the market continues to rally, it’s clear that cryptocurrencies are once again capturing the attention of investors worldwide. With Ripple related token leading the charge with an impressive 11% gain, all signs point to a bullish trend in the digital asset space. Stay tuned for more updates as the market continues to unfold.

    Tags:

    1. Ripple-related token
    2. Bitcoin bulls
    3. Cryptocurrency market
    4. Price surge
    5. Investment opportunities
    6. Digital assets
    7. Blockchain technology
    8. Market analysis
    9. Cryptocurrency news
    10. Ripple XRP.

    #Ripple #Related #Token #Rockets #Bitcoin #Bulls #Target

  • Enanta Pharmaceuticals to Appeal Ruling Related to ‘953 Patent Infringement Lawsuit

    Enanta Pharmaceuticals to Appeal Ruling Related to ‘953 Patent Infringement Lawsuit


    WATERTOWN, Mass.–(BUSINESS WIRE)–Enanta Pharmaceuticals, Inc. (NASDAQ: ENTA), a clinical-stage biotechnology company dedicated to creating small molecule drugs for virology and immunology indications, today announced that the United States District Court of Massachusetts (“the Court”) has issued a ruling on a summary judgment motion filed by Pfizer, Inc. in connection with Enanta’s patent infringement lawsuit seeking damages for infringement of U.S. Patent No. 11,358,953 (“the ’953 Patent”) in the manufacture, use and sale of Pfizer’s COVID-19 antiviral, Paxlovid (nirmatrelvir tablets; ritonavir tablets).


    The Court issued a summary judgment decision granting Pfizer’s motion that the ‘953 Patent is invalid. In its decision, the Court also denied Enanta’s partial motion for summary judgment of infringement as moot in light of its allowance of summary judgment on invalidity. Enanta plans to appeal the decision to the Court of Appeals for the Federal Circuit.

    “The U.S. patent system and its protection of important innovations have enabled the robust development of new medicines and spurred growth in the biotechnology industry. We are proud of the impact our strong history of drug discovery work with protease inhibitors has had on antiviral treatments and the thousands of patients that have been treated with therapies using our patented inventions,” said Jay R. Luly, Ph.D., President and Chief Executive Officer of Enanta Pharmaceuticals, Inc. “We are disappointed with the Court’s ruling. We believe strongly in the merits of our case, and, through the appeal process, we will continue to defend our inventions from unlawful infringement.”

    Enanta maintains its commitment to avoid attempting to impede the production, sale or distribution of Paxlovid.

    About Enanta Pharmaceuticals, Inc.

    Enanta is using its robust, chemistry-driven approach and drug discovery capabilities to become a leader in the discovery and development of small molecule drugs with an emphasis on indications in virology and immunology. Enanta’s clinical programs are currently focused on respiratory syncytial virus (RSV) and its earlier-stage immunology pipeline aims to develop treatments for inflammatory diseases by targeting key drivers of the type 2 immune response, including KIT and STAT6 inhibition.

    Glecaprevir, a protease inhibitor discovered by Enanta, is part of one of the leading treatment regimens for curing chronic hepatitis c virus (HCV) infection and is sold by AbbVie in numerous countries under the tradenames MAVYRET® (U.S.) and MAVIRET® (ex-U.S.) (glecaprevir/pibrentasvir). A portion of Enanta’s royalties from HCV products developed under its collaboration with AbbVie contribute ongoing funding to Enanta’s operations. Please visit www.enanta.com for more information.

    Forward-Looking Statements

    This press release contains forward-looking statements, including statements with respect to Enanta’s suit against Pfizer, Inc. in the United States District Court for the District of Massachusetts seeking damages for patent infringement. Statements that are not historical facts are based on management’s current expectations, estimates, forecasts and projections about Enanta’s business and the industry in which it operates and management’s beliefs and assumptions. The statements contained in this release are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Important factors and risks that may affect actual results include: Enanta is competing to develop intellectual property in areas of small-molecule drug development that are highly competitive; issued patents, including the patent at issue in the Pfizer litigation, could be found invalid or unenforceable if challenged in court and could be costly to defend and be a distraction for Enanta’s senior management and scientific personnel; intellectual property litigation may lead to unfavorable publicity that harms Enanta’s reputation and causes the market price of its common stock to decline; and other risk factors described or referred to in “Risk Factors” in Enanta’s Form 10-K for the fiscal year ended September 30, 2024 and other periodic reports filed more recently with the Securities and Exchange Commission. Enanta cautions investors not to place undue reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this release, and Enanta undertakes no obligation to update or revise these statements, except as may be required by law.

    Contacts

    Media and Investors:
    Jennifer Viera
    617-744-3848
    jviera@enanta.com





    Enanta Pharmaceuticals, a leading biotechnology company, has announced its decision to appeal a recent ruling related to a patent infringement lawsuit involving its ‘953 patent. The lawsuit, filed by a competitor, alleges that Enanta Pharmaceuticals has infringed upon its patent for a novel drug compound.

    In response to the ruling, Enanta Pharmaceuticals has stated that it strongly believes in the validity of its ‘953 patent and will vigorously defend its intellectual property rights. The company maintains that its drug compound is unique and distinct from the competitor’s patented compound, and that there is no infringement.

    Enanta Pharmaceuticals is confident in its legal position and is prepared to appeal the ruling in order to protect its intellectual property and continue its research and development efforts. The company remains committed to advancing innovative treatments for patients in need and looks forward to a favorable resolution of this legal matter.

    Stay tuned for updates on this developing story as Enanta Pharmaceuticals moves forward with its appeal in the ‘953 patent infringement lawsuit.

    Tags:

    Enanta Pharmaceuticals, ‘953 patent infringement lawsuit, Enanta Pharmaceuticals appeal, patent infringement ruling, Enanta Pharmaceuticals legal battle, pharmaceutical patent lawsuit, Enanta Pharmaceuticals news, Enanta Pharmaceuticals lawsuit update

    #Enanta #Pharmaceuticals #Appeal #Ruling #Related #Patent #Infringement #Lawsuit

  • Intelligent Transportation Related Complex Systems and Sensors

    Intelligent Transportation Related Complex Systems and Sensors


    Price: $107.30 – $93.59
    (as of Dec 27,2024 15:02:11 UTC – Details)



    Intelligent Transportation Related Complex Systems and Sensors

    Transportation is a vital component of everyday life, and with the advancement of technology, intelligent transportation systems (ITS) have become increasingly important in improving the efficiency and safety of our transportation networks. These systems rely on a variety of complex systems and sensors to gather data, analyze it, and make informed decisions to optimize traffic flow and reduce congestion.

    One of the key components of ITS is sensors, which are used to collect data on traffic conditions, weather, road conditions, and vehicle movements. These sensors can be installed on roads, traffic lights, and vehicles to provide real-time information to transportation management systems. For example, cameras can be used to monitor traffic flow, while weather sensors can provide information on road conditions to help drivers plan their routes accordingly.

    Complex systems are also integral to ITS, as they are responsible for processing the vast amount of data collected by sensors and making decisions to optimize traffic flow. These systems use algorithms and artificial intelligence to analyze data and predict traffic patterns, enabling them to adjust traffic signals, reroute traffic, and provide real-time information to drivers.

    Overall, intelligent transportation systems rely on a combination of complex systems and sensors to improve the efficiency and safety of our transportation networks. By leveraging technology and data, we can create smarter, more connected transportation systems that benefit both drivers and the environment.
    #Intelligent #Transportation #Related #Complex #Systems #Sensors