COLUMBUS, Ohio — Dominic Zvada kicked a 21-yard field goal with 45 seconds left and Michigan stunned No. 2 Ohio State 13-10 on Saturday, likely ending the Buckeyes ’ hopes of returning to the Big Ten title game. Kalel Mullings broke away for a 27-yard run, setting up the Wolverines (7-5, 5-4) at Ohio State's 17-yard line with two minutes remaining in the game. The drive stalled at the 3, and Zvada came on for the chip shot. Ohio State (10-2, 7-2, No. 2 CFP) got the ball back but couldn't move it, with Will Howard throwing incomplete on fourth down to seal the Wolverines' fourth straight win over their bitter rival. “You come to Michigan to play this game,” Zvada said. “So, it's the biggest one of the year. It's the one that everyone looks forward to, and to be able to come in here and take the win, it's amazing.” This Ohio State loss in the “The Game” might have been the toughest of the past four because Michigan was unranked and wrapping up a disappointing season. The Wolverines were also playing without a couple of top players: tight end Colston Loveland and cornerback Will Johnson. The Buckeyes were favored by 21 points, the widest point spread for this rivalry since 1978, according to ESPN Stats and Info. Records — and point spreads, for that matter — rarely mean much when these two teams meet. “Our defense played outstanding," Michigan coach Sherrone Moore said. "We held a high-powered offense to 10 points, 77 rushing yards.” The Buckeyes were off all afternoon. Howard was 19 for 33 for 175 yards with one touchdown and two interceptions and Jayden Fielding missed two field-goal attempts. The run game was hardly there. “It's hard, man,” an emotional Howard said. “I really don’t have much right now. I do know we're a two-loss team. We're going to get into the playoffs and make a run. But, I mean, this one hurts.” Mullings was Michigan's primary weapon. He rushed for 116 yards and the Wolverines only touchdown of the game in the first half as neither team could get much going offensively on the frigid afternoon. “They made plays, we made plays, so as the game wore on you could definitely, slowly feel them starting to lose confidence, lose that energy and lose that faith,” Mullings said. Howard was clunky all day. In the first half he threw an interception from deep in his own territory that led to Michigan's touchdown. He went out for a play in the second quarter to be checked for a head injury. After the game, he said he was fine. “We're very disappointed, and never thought this would happen right here,” Ohio State coach Ryan Day said. “We expected to win this game and go play in the Big Ten championship game.” After the game, Michigan players attempted to plant their flag at midfield and were confronted by Ohio State players. A skirmish ensued as both teams pushed and shoved before being separated. Michigan: Did just enough and caught Ohio State on an off day. Ohio State: It's inexplicable how badly the Buckeyes played in their biggest game of the season. They would need No. 4 Penn State and No. 10 Indiana to lose later Saturday in order to make it into the Big Ten title game next week. The Buckeyes will fall. There has been talk all season about how many of the Ohio State team leaders, including receiver Emeka Egbuka, running back TreVeyon Henderson and defensive end Jack Sawyer, chose to return for another year instead of entering the NFL draft because they wanted to beat Michigan at least once. Those players were inconsolable after the game. One of them, linebacker Cody Simon, was asked how he felt. “I just can't speak on that right now,” Simon said. “I feel like we let the whole Buckeye nation down.” Michigan will wait for a minor bowl game. Ohio State, assuming either Penn State or Indiana wins on Saturday, will see how the final College Football Playoff rankings shakeout on Dec. 8. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!Timberwolves push back start time vs. Spurs because of issue with game court
July uprising cases: Police extorting bribes from their own
Novato’s minimum wage will rise by about 40 cents on Wednesday. The city’s wage schedule outpaces state law, and is adjusted based on retail price data. While some leaders praised the increase, others worry about the effect it could have on small businesses. “Raising the minimum wage ahead of state law demonstrates our commitment to supporting our hardworking residents,” said Rachel Farac, a member of the Novato City Council. “This increase not only helps families make ends meet but also strengthens our local economy by putting more money into the hands of those who need it the most.” Novato’s wage schedule sorts businesses by the number of employees. Categories include “very large” for businesses with more than 100 employees; “large” for those with 26 to 99 employees; and “small” for businesses with 25 or fewer employees. In 2025, the city’s very large businesses will pay a minimum wage of $17.27 per hour; large businesses, $17 per hour; and small businesses, $16.42 per hour. The prior baseline was $16.86 an hour for very large businesses; $16.60 for large ones; and and $16.04 for small ones. State law requires all businesses to pay a minimum wage of $16.50 in 2025. In 2019, the City Council passed Ordinance 1653, which accelerated the state’s wage schedule and increased the wage by $1 per hour. The ordinance states that once $15 an hour is reached, it would be adjusted yearly by the consumer price index for urban wage earners and clerical workers. The data for the index is derived from the San Francisco-Oakland-Hayward Consolidated Metropolitan Statistical Area. Christina Mendes, the incoming chief executive officer of the Novato Chamber of Commerce, said the organization felt the state’s minimum wage schedule was adequate when the ordinance was first introduced. “As an organization dedicated to supporting the local business community, we understand the challenges this accelerated timeline presents, particularly for small businesses that form the backbone of our local economy,” Mendes said. “We acknowledge that adapting to these changes will be a challenge for many, but we remain committed to providing the resources and support necessary to help our businesses thrive during this transition.” Robert Eyler, a professor of economics at Sonoma State University, said Novato’s effort is noble, but from an economic standpoint, there are two issues. First, an effective minimum wage ordinance is a regressive tax — similar to a sales tax — with a bigger impact on smaller businesses, Eyler said. While larger businesses can bear the effects, smaller businesses might struggle. Second, Eyler said, raising the minimum wage does not always change the labor market. He said if the wage that is set by the local supply and demand for labor — a so-called equilibrium wage — is actually higher than the minimum wage, the minimum wage ordinance won’t effectively change labor market conditions. “So when you think about Novato’s increasing, on the one hand it’s good from the worker standpoint if it’s effective, it’s not good if it’s effective in terms for small business,” Eyler said. “Whether or not it’s effective or not is the big question.” Eyler said many ordinances take a business size approach to raising minimum wage. The issue, though, is determining what constitutes a large, medium or small business. Eyler said signs that a wage increase has had an impact on employers include business closures or hiring slowdowns. Mendes said adapting to increased labor costs while keeping affordable prices for customers is a complex challenge that businesses will need to navigate. She said the organization encourages businesses to connect with the Marin Small Business Development Center, which offers free resources and guidance to help plan for wage increases and other challenges. Novato is not alone in pursuing a higher minimum wage. According to the Economic Policy Institute, 21 states will increase minimum wages in 2025, and nearly 30 cities and counties in California are doing so. “It’s been recognized that we need to do something for lower wage workers in the jobs that sort of carry a lower wage with them,” Eyler said. “It’s just very hard to do that without small business sort of bearing that cost.” Marin is ranked one of the most inequitable counties in California in a number of fields, including in wages, according to the county. The Massachusetts Institute of Technology’s living-wage calculator sets a livable wage for an adult with no children in Marin County at $32.19 an hour. “We are proud to lead by example and this is a step to give everyone in Novato an opportunity to thrive,” Farac said. “This proactive step reflects our dedication to support all residents to achieve a better quality of life.” “By raising the minimum wage, we are not only supporting our hardworking community members, but also fostering a more robust and equitable local economy,” she said.Memphis fights off No. 2 UConn in OT in Maui Invitational thriller
Specialty Board Certification Error Causes Headaches for Doctors MedPage Today story. Some doctors had a sleepless night when the American Board of Psychiatry and Neurology's (ABPN) online certification program locked them out earlier than the expected deadline -- leading some to believe they would lose their board certification. Physicians were working on their quizzes to maintain board certification late on the evening of Saturday, Dec. 14, when the online tool shut down -- ahead of the expected deadline of 11:59 p.m. Central Time on Sunday, Dec. 15. "I almost had a heart attack thinking that I would no longer be board certified," one physician told MedPage Today. "I was laying in bed at 4 a.m. with chest pain. I thought I was either going to have a heart attack or a panic attack." By the morning of Dec. 15, some physicians had taken to social media channels, posting that... ABC News
Invest Qatar ties up with Accenture to unveil report on Qatar growth potential in data and artificial intelligenceNoneGlobal stocks mostly rose Thursday following strong earnings from artificial intelligence leader Nvidia as bitcoin prices zoomed near $100,000 and oil prices rose. Nvidia itself had a volatile day, finishing modestly higher after several reversals. The chip company reported a whopping $19 billion in profits, although investors wondered if its current rate of stupendous growth is sustainable. But stocks rose as a "relief trade" after the Nvidia report, said Briefing.com analyst Patrick O'Hare, who noted that investors had feared a disappointing Nvidia announcement would spark a tech sell-off. All three major US indices rose, led by the Dow, which won more than one percent. The pickup on US markets also helped European bourses shake off early weakness. O'Hare called Thursday's rally a "broad-based move," noting nine of 11 US sectors rose and adding that investors are hopeful about a year-end rally. But worsening tensions between Russia and Ukraine also loom as a risk. Russian President Vladimir Putin said Thursday that the conflict in Ukraine had characteristics of a "global" war and did not rule out strikes on Western countries. Putin spoke out after a day of frayed nerves, with Russia test-firing a new generation intermediate-range missile at Ukraine. Ukraine's President Volodymyr Zelensky branded the strike a major ramping up of the "scale and brutality" of the war by a "crazy neighbor", while Kyiv's main backer the United States said that Russia was to blame for escalating the conflict "at every turn". The tension helped push oil prices up around two percent and played a role in lifting natural gas prices to their highest level in a year. The dollar also continued to push higher, boosted by the falling odds of further Federal Reserve interest rate cuts, as well as the greenback's status as a haven currency. But the day's most impressive action may have been bitcoin, which soared above $99,000. The cryptocurrency has been lifted by expectations that Donald Trump, spurred by cryptocurrency cheerleader Elon Musk, will bring it further into everyday use upon re-entering the White House in January. "Will Americans be able to use crypto to pay their taxes in the future? There is a bigger possibility of this happening now than before the election," said Kathleen Brooks, research director at XTB. In Asia, shares in Indian conglomerate Adani Group tanked after US prosecutors charged its owner Gautam Adani with handing out more than $250 million in bribes for key contracts. Flagship operation Adani Enterprises dived almost 20 percent, while several of its subsidiaries -- from coal to media businesses -- lost 10 to 20 percent. Among other companies, Google parent Alphabet tumbled 4.6 percent after the Justice Department asked a federal court to order Google to sell its widely used Chrome browser in a major antitrust crackdown. DOJ also asked the court to ban deals for Google to be the default search engine on smartphones and prevent it from exploiting its Android mobile operating system. New York - Dow: UP 1.1 percent at 43,870.35 (close) New York - S&P 500: UP 0.5 percent at 5,948.71 (close) New York - Nasdaq: UP less than 0.1 percent at 18,972.42 (close) London - FTSE 100: UP 0.8 percent at 8,149.27 (close) Paris - CAC 40: UP 0.2 percent at 7,213.32 (close) Frankfurt - DAX: UP 0.7 percent at 19,146.17 (close) Tokyo - Nikkei 225: DOWN 0.9 percent at 38,026.17 (close) Hong Kong - Hang Seng Index: DOWN 0.5 percent at 19,601.11 (close) Shanghai - Composite: UP 0.1 percent at 3,370.40 (close) Euro/dollar: DOWN at $1.0476 from $1.0544 on Wednesday Pound/dollar: DOWN at $1.2587 from $1.2652 Dollar/yen: DOWN at 154.54 yen from 155.44 yen Euro/pound: DOWN at 83.20 pence from 83.33 pence Brent North Sea Crude: UP 2.0 percent at $74.23 per barrel West Texas Intermediate: UP 2.0 percent at $70.10 per barrel bur-jmb/md
The United States Food and Drug Administration (FDA) has approved the use of a cancer-treating antibody originally developed by Vancouver-based biotech company . Dublin, Ireland-headquartered Jazz Pharmaceuticals announced this week that the FDA had approved use of Zihera, an antibody that treats adults living with a form of biliary-tract cancer, in the US. In 2022, Jazz Pharmaceuticals secured the commercialization rights to Ziihera for use in North America, Europe, and Japan in a deal worth upfront, with additional royalties based on net sales. Zihera (generic name zanidatamab) is a non-chemotherapy treatment for patients with metastatic HER2-positive biliary tract cancer, a form of cancer that originates in the bile ducts, gallbladder, or nearby structures and has spread to other parts of the body. In Western countries, including Canada, the incidence of this rare and deadly cancer is approximately . In a statement, Jazz Pharmaceuticals executive vice president, global head of research and development, and chief medical officer Rob Iannone said the metastatic form of the disease has a five-year survival rate of under five percent. In a statement, Jazz Pharmaceuticals said the FDA approval was granted based on results from a Phase 2b trial, in which 52 percent of participants experienced significant tumour shrinkage, with benefits lasting an average of 15 months. Ali Tehrani, co-founder and former president and CEO of Zymeworks, shared his elation over the FDA approval in a this week. “Back in 2003, when I co-founded the company, this was the dream that many said was not possible,” Tehrani wrote. “Today it became reality—most importantly for patients who will benefit from it.” Tehrani co-founded and led Zymeworks for over 18 years, taking the company through clinical validation and an $80-million CAD New York Stock Exchange . A in The Globe and Mail this week noted that Zymeworks hit a rough patch in 2022 following disappointing results from one of its flagship drugs. That same year, Tehrani departed the company and life sciences venture firm Amplitude Ventures, where he remains a partner. Under subsequent CEO Kenneth Galbraith, Zymeworks thwarted a hostile takeover attempt from All Blue Capital in June 2022 by adopting a poison-pill strategy and relocating its headquarters to Delaware, as by Reuters. Zymeworks’ stock, which hit a low of $4.87 USD in April 2022, has since rebounded to $14.22 USD as of press time.
GUANGZHOU, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that Mr. Youjie Kong has decided to resign from the Board as director due to personal reasons, effective from November 25, 2024. The resignation of Mr. Kong did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company takes this opportunity to express its appreciation to Mr. Kong for his dedicated service to the Company. About HPH Founded in 2010 and formerly known as Puyi Inc., we have evolved with a vision to become a leading provider of intelligent technology-driven family and enterprise services. Our mission is to enhance the quality of life for families worldwide by leveraging two primary driving forces: technological intelligence and capital investments. We are dedicated to investing in high-quality enterprises with global potential, focusing on areas such as asset allocation, education and study tours, healthcare and elderly care, and family governance. We currently hold controlling interests in two leading financial service providers in China. The first is AIX Inc., a technology-driven independent financial service platform traded on the Nasdaq. The second is Puyi Fund Distribution Co., Ltd., an independent wealth management service provider. Highest Performances Holdings Inc., formerly known as Puyi Inc., was renamed on March 13, 2024 to reflect its strategic transformation. Forward-looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH’s ability to obtain proceeds from the Agreement; HPH’s goals and strategies; HPH’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov . HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Highest Performances Holdings Inc.
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