1 hr. ago
Fifa president Gianni Infantino says he has scrapped the controversial plan to sell off stakes in the governing body's major competitions, following widespread opposition.
Infantino said it had become clear the project had "created divisions" that are "no longer in the interest" of its original objective.
The Swiss official added: "As a result, this proposal will not proceed."
Infantino had offered all 211 member **** ociations $40m (£30m) if they backed a proposal for private investment in its tournaments, including the men's and women's World Cups.
Infantino on the brink? Who might replace him if he goes?
#proposal #fifa
Infantino said it had become clear the project had "created divisions" that are "no longer in the interest" of its original objective.
The Swiss official added: "As a result, this proposal will not proceed."
Infantino had offered all 211 member **** ociations $40m (£30m) if they backed a proposal for private investment in its tournaments, including the men's and women's World Cups.
Infantino on the brink? Who might replace him if he goes?
#proposal #fifa
4 hours ago
Hyperscale Data Inc. (NYSE: $GPUS) has begun using part of its bitcoin treasury to fund construction at its Michigan AI data center campus, turning a balance-sheet reserve into capital for a long-term compute buildout.
The company said it has monetized about 100 bitcoin (CRYPTO: $BTC) and directed the proceeds toward construction, critical infrastructure and long-lead equipment tied to a previously announced master services agreement with an unnamed neo-cloud AI infrastructure provider.
That agreement initially covers roughly 20 megawatts of critical AI compute capacity and runs for 10 years, with two five-year extension options. Hyperscale Data expects the contract to generate more than $1.2 billion if it reaches the maximum term.
More From Cryptoprowl:
Ramp Network Brings Multichain Wallet and Rewards to EU
#hyperscale #long #compute
The company said it has monetized about 100 bitcoin (CRYPTO: $BTC) and directed the proceeds toward construction, critical infrastructure and long-lead equipment tied to a previously announced master services agreement with an unnamed neo-cloud AI infrastructure provider.
That agreement initially covers roughly 20 megawatts of critical AI compute capacity and runs for 10 years, with two five-year extension options. Hyperscale Data expects the contract to generate more than $1.2 billion if it reaches the maximum term.
More From Cryptoprowl:
Ramp Network Brings Multichain Wallet and Rewards to EU
#hyperscale #long #compute
5 hours ago
L&T Energy CarbonLite Solutions, a division of Indian conglomerate Larsen & Toubro (L&T), has received a limited notice to proceed (LNTP) from NTPC for work on the main plant package at the 1.6GW Lara Stage-III thermal power plant in Chhattisgarh, India.
The contract covers the construction of two 800MW ultra-supercritical generating units.
The final notice to proceed will be issued once the project receives environmental clearance and the LNTP period is complete.
The company did not disclose the exact contract value but said it falls within the Rs100bn ($1.04bn)–Rs150bn range.
L&T will be responsible for designing, engineering, manufacturing, supplying, installing, testing and commissioning boilers, steam turbines, generators, electrostatic precipitators (ESPs) and air-cooled condensers (ACC), as well as their auxiliary systems.
#notice #proceed #solutions #larsen
The contract covers the construction of two 800MW ultra-supercritical generating units.
The final notice to proceed will be issued once the project receives environmental clearance and the LNTP period is complete.
The company did not disclose the exact contract value but said it falls within the Rs100bn ($1.04bn)–Rs150bn range.
L&T will be responsible for designing, engineering, manufacturing, supplying, installing, testing and commissioning boilers, steam turbines, generators, electrostatic precipitators (ESPs) and air-cooled condensers (ACC), as well as their auxiliary systems.
#notice #proceed #solutions #larsen
15 hours ago
"Nobody is selling football," FIFA said in a statement hitting back at widespread criticism over a plan to allow private investors to acquire stakes in upcoming World Cup tournaments.
"This is not something FIFA would ever entertain." In a statement, FIFA said all of its member **** ociations should have a chance to consider the plan, calling for an "open and democratic" consultation.
But it appeared to back off from establishing a public equity entity, the so-called FIFA Forward Enterprise (FFE), if all member countries do not agree. It was not immediately clear, however, how the process would proceed in substance.
The Union of European Football **** ociations (UEFA) had threatened to boycott the World Cup over Infantino's plan on Thursday afternoon. Soon after, the football federations of CONCACAF (North and Central America), also voiced their unanimous opposition to the plan.
UEFA and CONCACAF comprise of 55 and 41 member **** ociations respectively. The total number of member **** ociations under FIFA is 211, and the plan would need to be approved by a simple majority in order to pass.
#fifa
"This is not something FIFA would ever entertain." In a statement, FIFA said all of its member **** ociations should have a chance to consider the plan, calling for an "open and democratic" consultation.
But it appeared to back off from establishing a public equity entity, the so-called FIFA Forward Enterprise (FFE), if all member countries do not agree. It was not immediately clear, however, how the process would proceed in substance.
The Union of European Football **** ociations (UEFA) had threatened to boycott the World Cup over Infantino's plan on Thursday afternoon. Soon after, the football federations of CONCACAF (North and Central America), also voiced their unanimous opposition to the plan.
UEFA and CONCACAF comprise of 55 and 41 member **** ociations respectively. The total number of member **** ociations under FIFA is 211, and the plan would need to be approved by a simple majority in order to pass.
#fifa
17 hours ago
World Cup boycott tracker: Updated list of nations taking action over Gianni Infantino and FIFA's sale plan originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The response to FIFA's brazen plan to sell shares in the FIFA World Cup has been swift and aggressive, as multiple groups and entities around the world call on member nations to take firm action against the monetization of the famous global tournament.
That has indeed taken place as at least one leading confederation of FIFA member ****** ociations has banded together and issued a firm statement against Gianni Infantino's proposal to create the FIFA Forward Enterprise (FFE).
The plan has generated fierce backlash as a bold attempt to generate millions of dollars in cash for the Swiss-based non-profit in exchange for shares in a commercial enterprise with direct links to the World Cup. While FIFA has denied that those financing the deal will not gain any kind of influence on the proceedings of the World Cup or other FIFA tournaments, that claim has been resoundingly rejected by the biggest critics of the plan.
The Sporting News details each confederation's reaction to the FFE plan, with the European governing body setting the tone for others to hopefully follow.
#World #plan #gianni #action
The response to FIFA's brazen plan to sell shares in the FIFA World Cup has been swift and aggressive, as multiple groups and entities around the world call on member nations to take firm action against the monetization of the famous global tournament.
That has indeed taken place as at least one leading confederation of FIFA member ****** ociations has banded together and issued a firm statement against Gianni Infantino's proposal to create the FIFA Forward Enterprise (FFE).
The plan has generated fierce backlash as a bold attempt to generate millions of dollars in cash for the Swiss-based non-profit in exchange for shares in a commercial enterprise with direct links to the World Cup. While FIFA has denied that those financing the deal will not gain any kind of influence on the proceedings of the World Cup or other FIFA tournaments, that claim has been resoundingly rejected by the biggest critics of the plan.
The Sporting News details each confederation's reaction to the FFE plan, with the European governing body setting the tone for others to hopefully follow.
#World #plan #gianni #action
17 hours ago
FIFA dismissed criticism of its plan to sell stakes in the FIFA World Cup to Joshua Kushner's investment firm Thrive Capital, insisting that "nobody is selling football" in a sign that it plans to press forward despite facing growing opposition from regional soccer federations including Europe's UEFA, North America's CONCACAF and Asia's AFC.
FIFA President Gianni Infantino holds the trophy at full-time following the FIFA World Cup 2026 Final.
In a statement on Friday, the global soccer governing body defended the so-called "FIFA Forward Enterprise (FFE) proposal," claiming its planned consultation process was "disrupted by incorrect media reports."
FIFA said it plans to proceed with this "consultation process" to ensure that each member **** ociation can vote on it "based on facts."
The statement appears to criticize the regional bodies UEFA, CONCACAF and AFC, saying "no single entity can claim to represent all" of FIFA's 211 member **** ociations and each of them should be allowed to vote on the matter independently.
#Soccer
FIFA President Gianni Infantino holds the trophy at full-time following the FIFA World Cup 2026 Final.
In a statement on Friday, the global soccer governing body defended the so-called "FIFA Forward Enterprise (FFE) proposal," claiming its planned consultation process was "disrupted by incorrect media reports."
FIFA said it plans to proceed with this "consultation process" to ensure that each member **** ociation can vote on it "based on facts."
The statement appears to criticize the regional bodies UEFA, CONCACAF and AFC, saying "no single entity can claim to represent all" of FIFA's 211 member **** ociations and each of them should be allowed to vote on the matter independently.
#Soccer
18 hours ago
July 31 (UPI) -- FIFA on Friday said it would proceed with consultations on its proposed private-investment plan after soccer's governing body in Europe voted to boycott all FIFA competition if the proposal remained under consideration.
"Nobody is selling football," FIFA said in a statement. "This is not something FIFA would ever entertain."
The international soccer community was thrown into turmoil Wednesday when FIFA announced that it was considering creating a FIFA Forward Enterprise subsidiary to house its commercial and event operations, including the World Cup.
FIFA said it would invite third parties "to make minority, non-controlling investments in FFE."
The response from the soccer world was swift, with the Union of European Football ***** ociations on Thursday saying it and its 55 member ***** ociations "unanimously and unequivocally reject FIFA's proposal to transfer ownership interests in the World Cup and other FIFA competitions to private investors."
#World #associations #Soccer #Europe
"Nobody is selling football," FIFA said in a statement. "This is not something FIFA would ever entertain."
The international soccer community was thrown into turmoil Wednesday when FIFA announced that it was considering creating a FIFA Forward Enterprise subsidiary to house its commercial and event operations, including the World Cup.
FIFA said it would invite third parties "to make minority, non-controlling investments in FFE."
The response from the soccer world was swift, with the Union of European Football ***** ociations on Thursday saying it and its 55 member ***** ociations "unanimously and unequivocally reject FIFA's proposal to transfer ownership interests in the World Cup and other FIFA competitions to private investors."
#World #associations #Soccer #Europe
19 hours ago
Fifa says that "nobody is selling football" as it vowed to continue with the controversial plan to sell stakes in its competitions to private investors.
Uefa - the body that governs European football - voted on Thursday to boycott World Cups if the plan proceeded.
Concacaf, which governs football in North and Central America and hosted this year's World Cup, said its 41 member ******* ociations also "rejected" the proposal made by Fifa president Gianni Infantino.
Fifa oversees world football and Infantino would need 106 of its 211 members to vote in favour for the proposal to go through. Uefa and Concacaf members combined make up 96 of those votes.
In a statement released on Friday, Fifa claimed the consultation process had been "disrupted by incorrect media reports".
#uefa
Uefa - the body that governs European football - voted on Thursday to boycott World Cups if the plan proceeded.
Concacaf, which governs football in North and Central America and hosted this year's World Cup, said its 41 member ******* ociations also "rejected" the proposal made by Fifa president Gianni Infantino.
Fifa oversees world football and Infantino would need 106 of its 211 members to vote in favour for the proposal to go through. Uefa and Concacaf members combined make up 96 of those votes.
In a statement released on Friday, Fifa claimed the consultation process had been "disrupted by incorrect media reports".
#uefa
1 day ago
Amnerican Flat Track has appointed NASCAR Hall of Famer Rusty Wallace the Grand Marshal of the Caterpillar Jackpine Gypsies Short Track. The Flat Track round will be held August 10 at the South Dakota track, during the 86th Sturgis Motorcycle Rally.
Wallace made his name in NASCAR racing, winning the 1989 NASCAR Cup Series and earning 55 career Cup Series wins. But he also rides, and will be hosting a charity ride Aug. 15 in Deadwood, S.D., with the proceeds supporting the NASCAR Foundation and Special Olympics of South Dakota.
Begin Press Release:
Progressive American Flat Track, sanctioned by AMA Pro Racing, announced today that NASCAR Hall of Famer and 1989 NASCAR Cup Series Champion Rusty Wallace will serve as Grand Marshal of the Caterpillar Jackpine Gypsies Short Track on Monday, August 10, during the 86th Sturgis Motorcycle Rally.
An avid motorcyclist, Wallace will also host the Rusty Wallace Charity Ride presented by Harley-Davidson on Friday, August 14, in Deadwood, South Dakota. Proceeds from the ride will benefit The NASCAR Foundation and Special Olympics of South Dakota.
#wallace #august #ride
Wallace made his name in NASCAR racing, winning the 1989 NASCAR Cup Series and earning 55 career Cup Series wins. But he also rides, and will be hosting a charity ride Aug. 15 in Deadwood, S.D., with the proceeds supporting the NASCAR Foundation and Special Olympics of South Dakota.
Begin Press Release:
Progressive American Flat Track, sanctioned by AMA Pro Racing, announced today that NASCAR Hall of Famer and 1989 NASCAR Cup Series Champion Rusty Wallace will serve as Grand Marshal of the Caterpillar Jackpine Gypsies Short Track on Monday, August 10, during the 86th Sturgis Motorcycle Rally.
An avid motorcyclist, Wallace will also host the Rusty Wallace Charity Ride presented by Harley-Davidson on Friday, August 14, in Deadwood, South Dakota. Proceeds from the ride will benefit The NASCAR Foundation and Special Olympics of South Dakota.
#wallace #august #ride
1 day ago
Insurance industry employees from around the region are competing on the diamond for a good cause Thursday.
Philadelphia Insurance Companies hosted its charity softball tournament at Fairmount Park.
The tournament is the culmination of the league's summer season, which is paired with a fundraising effort.
Proceeds benefit the Philadelphia Children's Alliance, which supports victims of child ****** abuse.
#fairmount #park
Philadelphia Insurance Companies hosted its charity softball tournament at Fairmount Park.
The tournament is the culmination of the league's summer season, which is paired with a fundraising effort.
Proceeds benefit the Philadelphia Children's Alliance, which supports victims of child ****** abuse.
#fairmount #park
2 days ago
According to SPORT, FC Barcelona have officially been notified of the complaint filed by Atletico Madrid over the club's pursuit of Julian Alvarez.
The Spanish Football Federation (RFEF) has opened disciplinary proceedings into the matter and given the Catalan club a deadline to submit their response.
The complaint centres on allegations that the Blaugrana held discussions with the Argentine striker while he remains under contract at Atlético until 2030.
The notification from the RFEF informs Barcelona that a formal case has been opened and grants the club several days to present its arguments.
Barcelona's legal team is already reviewing Atletico's complaint and intends to submit a full response defending the club's actions.
#sport
The Spanish Football Federation (RFEF) has opened disciplinary proceedings into the matter and given the Catalan club a deadline to submit their response.
The complaint centres on allegations that the Blaugrana held discussions with the Argentine striker while he remains under contract at Atlético until 2030.
The notification from the RFEF informs Barcelona that a formal case has been opened and grants the club several days to present its arguments.
Barcelona's legal team is already reviewing Atletico's complaint and intends to submit a full response defending the club's actions.
#sport
2 days ago
Football's world governing body expects to receive the first funding generated by president Gianni Infantino's controversial sell-off plans by the end of October.
Infantino has proposed the creation of a subsidiary body to run Fifa tournaments, which would include some outside investment.
Fifa has given all 211 member ***** ociations until 19 September to say whether they agree with the plan, with a straight majority to decide whether to proceed.
One of the main complaints around the plan so far has been a lack of consultation.
Critics will say that is underlined by a new document sent to ***** ociations by Fifa - and seen by BBC Sport - outlining the following timescales around funding:
#around #october
Infantino has proposed the creation of a subsidiary body to run Fifa tournaments, which would include some outside investment.
Fifa has given all 211 member ***** ociations until 19 September to say whether they agree with the plan, with a straight majority to decide whether to proceed.
One of the main complaints around the plan so far has been a lack of consultation.
Critics will say that is underlined by a new document sent to ***** ociations by Fifa - and seen by BBC Sport - outlining the following timescales around funding:
#around #october
2 days ago
Kanye West has settled with his former personal ***** istant in a lawsuit that accused the rapper of ***** ual harassment, ***** ual ***** ault and wrongful termination, according to TMZ.
Attorneys for Lauren Pisciotta filed court documents in Los Angeles Superior Court on Tuesday stating that the two sides reached an "unconditional" settlement on July 23, according to TMZ. A request to dismiss the case is expected to be filed within 45 days of that date. Terms of the agreement were not made public.
Representatives for West, who legally changed his name to Ye, did not immediately respond to a request for comment, according to TMZ.
The filing appears to bring an end to one of the most closely watched civil cases involving the rapper. Attorneys for both sides told Judge Nicholas F. Daum on June 29 that they had settled in principle following a mediation session held earlier that month, according to Complex, which reviewed the court record. An upcoming hearing was taken off the calendar to give the parties time to finalize the deal, with the case scheduled to return to court in late September if further proceedings were needed.
Pisciotta, who worked as West's personal ***** istant from 2021 to 2022, first sued in 2024, alleging ***** ual harassment, breach of contract and wrongful termination. She said she was promoted to chief of staff of West's companies at an annual salary of $4 million before she was fired in October 2022, and that she never received a $3 million severance payment she had been offered, according to Complex.
#sexual
Attorneys for Lauren Pisciotta filed court documents in Los Angeles Superior Court on Tuesday stating that the two sides reached an "unconditional" settlement on July 23, according to TMZ. A request to dismiss the case is expected to be filed within 45 days of that date. Terms of the agreement were not made public.
Representatives for West, who legally changed his name to Ye, did not immediately respond to a request for comment, according to TMZ.
The filing appears to bring an end to one of the most closely watched civil cases involving the rapper. Attorneys for both sides told Judge Nicholas F. Daum on June 29 that they had settled in principle following a mediation session held earlier that month, according to Complex, which reviewed the court record. An upcoming hearing was taken off the calendar to give the parties time to finalize the deal, with the case scheduled to return to court in late September if further proceedings were needed.
Pisciotta, who worked as West's personal ***** istant from 2021 to 2022, first sued in 2024, alleging ***** ual harassment, breach of contract and wrongful termination. She said she was promoted to chief of staff of West's companies at an annual salary of $4 million before she was fired in October 2022, and that she never received a $3 million severance payment she had been offered, according to Complex.
#sexual
2 days ago
The Las Vegas Raiders did much to improve their roster this offseason. While the Raiders are still a developing team, they addressed areas of need well in preparation for next season.
Sports Illustrated's Eva Geitheim labeled the Raiders as the most improved team of the offseason due to the range of improvements that the team made dating back to last winter.
"The Raiders entered the offseason with more cap ***** e than any other team, and proceeded to use that money wisely by retooling their roster with the additions of Tyler Linderbaum, Quay Walker, Nakobe Dean, Kwity Paye and Jalen Nailor in free agency. Not only did the Raiders turn to the open market to bolster the roster, they changed the coaching staff—highlighted by the addition of Klint Kubiak, fresh off a Super Bowl win as the Seahawks' offensive coordinator—and used the No. 1 pick on Heisman Trophy–winning quarterback Fernando Mendoza."
Other teams around the league, including the Tennessee ***** ans, Cincinnati Bengals and Minnesota Vikings improved their rosters greatly this offseason as well. To the credit of the Raiders though, they made a multitude of moves that gave them the veteran and youthful talent that they need on the offensive line, at quarterback, running back and on defense for next season.
This article originally appeared on Raiders Wire: Are the Raiders the most improved team of the offseason?
#team #need #well #made
Sports Illustrated's Eva Geitheim labeled the Raiders as the most improved team of the offseason due to the range of improvements that the team made dating back to last winter.
"The Raiders entered the offseason with more cap ***** e than any other team, and proceeded to use that money wisely by retooling their roster with the additions of Tyler Linderbaum, Quay Walker, Nakobe Dean, Kwity Paye and Jalen Nailor in free agency. Not only did the Raiders turn to the open market to bolster the roster, they changed the coaching staff—highlighted by the addition of Klint Kubiak, fresh off a Super Bowl win as the Seahawks' offensive coordinator—and used the No. 1 pick on Heisman Trophy–winning quarterback Fernando Mendoza."
Other teams around the league, including the Tennessee ***** ans, Cincinnati Bengals and Minnesota Vikings improved their rosters greatly this offseason as well. To the credit of the Raiders though, they made a multitude of moves that gave them the veteran and youthful talent that they need on the offensive line, at quarterback, running back and on defense for next season.
This article originally appeared on Raiders Wire: Are the Raiders the most improved team of the offseason?
#team #need #well #made
2 days ago
FIFA has opened disciplinary proceedings against several players for a post-match brawl following Spain's 1-0 win over Argentina in the World Cup final on July 19.
Argentina players Leandro Paredes (three counts) and Nahuel Molina (two counts) have been charged with ******* ault, along with ******* istant coach Roberto Ayala (one count).
In addition, three players have been charged with unsporting behavior: Molina (one count) and Argentina teammate Thiago Almada (one count), along with Spain's Gavi (one count).
According to FIFA's Disciplinary Code, a charge of ******* ault carries a ban of at least three matches, while unsporting behavior has a ban of at least one match.
All of those charged will have the opportunity to present their case to the FIFA Disciplinary Committee, which will then make a decision over sanctions.
#Argentina #disciplinary #molina #counts
Argentina players Leandro Paredes (three counts) and Nahuel Molina (two counts) have been charged with ******* ault, along with ******* istant coach Roberto Ayala (one count).
In addition, three players have been charged with unsporting behavior: Molina (one count) and Argentina teammate Thiago Almada (one count), along with Spain's Gavi (one count).
According to FIFA's Disciplinary Code, a charge of ******* ault carries a ban of at least three matches, while unsporting behavior has a ban of at least one match.
All of those charged will have the opportunity to present their case to the FIFA Disciplinary Committee, which will then make a decision over sanctions.
#Argentina #disciplinary #molina #counts
2 days ago
Gianni Infantino has instructed FIFA's 211 member ****** ociations to approve his World Cup commercialization strategy by mid-September - or forfeit the possibility of nearly $7.5 billion in additional revenue.
The scheming FIFA president has dispatched a letter to the ****** ociations, stating: "Should you wish to proceed, this $10billion package will become available as of January 1, 2027, ushering in the next phase of our journey together. Should you wish to retain the status quo and reject this proposal we still have our planned expansion of the Forward programme (development money) of $2.7billion as previously presented."
Infantino has established a September 19 deadline for members to accept his proposal, which, he pledges, will deliver them $40 million for the 2027-30 FIFA cycle, beginning with a lump sum of $20 million in January 2027, as per The Mirror.
Donald Trump sparks outrage with Harry Kane World Cup comments
Wrexham fans set to gather in New York ahead of landmark Liverpool match at Yankee Stadium
#billion #fifa #january #wish
The scheming FIFA president has dispatched a letter to the ****** ociations, stating: "Should you wish to proceed, this $10billion package will become available as of January 1, 2027, ushering in the next phase of our journey together. Should you wish to retain the status quo and reject this proposal we still have our planned expansion of the Forward programme (development money) of $2.7billion as previously presented."
Infantino has established a September 19 deadline for members to accept his proposal, which, he pledges, will deliver them $40 million for the 2027-30 FIFA cycle, beginning with a lump sum of $20 million in January 2027, as per The Mirror.
Donald Trump sparks outrage with Harry Kane World Cup comments
Wrexham fans set to gather in New York ahead of landmark Liverpool match at Yankee Stadium
#billion #fifa #january #wish
3 days ago
WASHINGTON (AP) — Federal officials involved in the prosecution of James Comey misled judges, submitted false statements and withheld key facts during the course of the investigation, according to new defense filings that seek the dismissal of a case charging the former FBI director with threatening President Donald Trump on social media.
Lawyers for Comey made the allegations of misconduct in motions filed late Tuesday that also call the case a vindictive and selective prosecution, request access to transcripts of grand jury proceedings to expose what they say are "irregularities" in how the indictment was secured, and describe "unlawful" surveillance of Comey by the Secret Service.
Taken together, the new motions, along with an earlier one this week that called Comey's social media post protected speech and not a threat, represent a multiprong defense effort to dismantle a case that defense lawyers say exemplifies a Trump administration retribution campaign targeting one of the president's most vocal critics.
"Ample objective evidence — much of which comes directly from government officials' own public statements and admissions — establishes that the President's animus toward Mr. Comey led to this vindictive and selective prosecution," Comey's lawyers wrote in one of the filings.
Comey was charged in April with threatening Trump through a photo he posted on Instagram a year earlier depicting seashells he said he found on the beach in North Carolina in the numerical arrangement of "86 47."
#defense #case #filings
Lawyers for Comey made the allegations of misconduct in motions filed late Tuesday that also call the case a vindictive and selective prosecution, request access to transcripts of grand jury proceedings to expose what they say are "irregularities" in how the indictment was secured, and describe "unlawful" surveillance of Comey by the Secret Service.
Taken together, the new motions, along with an earlier one this week that called Comey's social media post protected speech and not a threat, represent a multiprong defense effort to dismantle a case that defense lawyers say exemplifies a Trump administration retribution campaign targeting one of the president's most vocal critics.
"Ample objective evidence — much of which comes directly from government officials' own public statements and admissions — establishes that the President's animus toward Mr. Comey led to this vindictive and selective prosecution," Comey's lawyers wrote in one of the filings.
Comey was charged in April with threatening Trump through a photo he posted on Instagram a year earlier depicting seashells he said he found on the beach in North Carolina in the numerical arrangement of "86 47."
#defense #case #filings
3 days ago
Florian Plettenberg reports that Augsburg defender Chrislain Matsima's move to Palace has collapsed. The two sides failed to reach an agreement on the final contractual details despite discussing a total package worth as much as €30 million. Matsima will be remaining in the Bundesliga for now.
The proposed deal reportedly collapsed because Augsburg and Palace remained apart on the structure of the payments and performance-related bonuses. Matsima and his representatives have already been informed that the move will not proceed.
The 24-year-old will now return to first-team duties and travel with Augsburg to their training camp on Saturday. Sky notes that Matsima behaved professionally throughout the negotiations.
Palace initially reached personal terms with Matsima before raising an earlier €20 million bid to €25 million. Augsburg nevertheless remained determined to secure the major profit long anticipated for the defender, whom they purchased permanently from Monaco for approximately €5 million.
Matsima developed into one of Augsburg's most important defensive players and later signed a contract extension through 2030. A serious thigh injury in January interrupted his progress, though he returned during the closing stages of last season.
#million #collapsed #remained
The proposed deal reportedly collapsed because Augsburg and Palace remained apart on the structure of the payments and performance-related bonuses. Matsima and his representatives have already been informed that the move will not proceed.
The 24-year-old will now return to first-team duties and travel with Augsburg to their training camp on Saturday. Sky notes that Matsima behaved professionally throughout the negotiations.
Palace initially reached personal terms with Matsima before raising an earlier €20 million bid to €25 million. Augsburg nevertheless remained determined to secure the major profit long anticipated for the defender, whom they purchased permanently from Monaco for approximately €5 million.
Matsima developed into one of Augsburg's most important defensive players and later signed a contract extension through 2030. A serious thigh injury in January interrupted his progress, though he returned during the closing stages of last season.
#million #collapsed #remained
3 days ago
The Washington Commanders began the week with some surprising coaching news; they were moving on from first-year tight ends coach Ben Steele. Steele was arrested last month on a DWI charge and had initially been placed on leave.
It didn't take long to realize who'd replace Steele. Legendary former NFL wide receiver Wes Welker, a five-time Pro Bowl selection as a player, was already on Washington's staff as an offensive ****** istant. Before arriving in Washington, Welker served as the wide receivers coach for the 49ers and Dolphins, and worked with the tight ends during minicamp last month while Steele was on leave.
On Tuesday, one day before the Commanders begin training camp, head coach Dan Quinn confirmed the move.
"Wes Welker will be working with the tight ends, and that's how we'll proceed forward," Quinn said.
Will there be an official ****** le change for Welker?
#ends #washington #last
It didn't take long to realize who'd replace Steele. Legendary former NFL wide receiver Wes Welker, a five-time Pro Bowl selection as a player, was already on Washington's staff as an offensive ****** istant. Before arriving in Washington, Welker served as the wide receivers coach for the 49ers and Dolphins, and worked with the tight ends during minicamp last month while Steele was on leave.
On Tuesday, one day before the Commanders begin training camp, head coach Dan Quinn confirmed the move.
"Wes Welker will be working with the tight ends, and that's how we'll proceed forward," Quinn said.
Will there be an official ****** le change for Welker?
#ends #washington #last
3 days ago
You guys have probably heard the line 'its hard not to be romantic about baseball' before, and tonight was a perfect encapsulation of that very phrase. It had all the highs of the big blowout win, the heartbreak of the blown save, and then the triumph of the unsung hero coming out of nowhere in the extra innings to save the team. Nights like tonight either drive you crazy, or make you fall in love with the game that much more. No other sport can play with our emotions quite like baseball can.
The Diamondbacks offense got off to such an amazing start. Scoring consistently with team baseball throughout each of the first 4 innings. It really felt like this offense was clicking. Overall they recorded 16 hits in the 12 innings highlighted by James McCann with 4 and Nolan Arenado with 3. On the flip side, this offense also set a franchise record recording 24 outs with runners in scoring position tonight. What started out so good, quickly turned into a start reminder of the problems that have been plaguing this offense most of the season with its struggles with RISP.
Then in the 7th inning, the offense suddenly came to a screeching halt. And the Pirates offense came jolting to life. The Pirates would erase the 6-0 lead the Dbacks had going into the 8th inning with 3 runs in the 8th and 3 runs in the 9th. Unfortunately what had been a strength much of the season in the backend of the bullpen in Thompson and Sewald was a weakness tonight. Thompson simply could not get away with anything tonight giving up 4 hits and a walk in just .2 of an inning. And the leader of this bullpen, Sewald came into the game with a 3 run lead in the 9th and proceeded to give up a base hit and back to back home runs to immediately erase the 3 run lead and tie the game. This was such a low moment for this team in such a big game. Especially with how lock down Sewald has been in save situations this season coming into the game having blown only 2 saves in 24 chances.
However fortunately for the Dbacks there was Gerardo Carillo who tonight put this team on his back and carried them back into the 3rd wildcard spot. Carrillo, who came into today working primarily as the low leverage long man, was thrust straight into some of the most high leverage innings of the season thus far, and boy did he deliver. Carillo was able to give the team 2 innings tonight in which he allowed 0 hits and 0 runs while striking out 3 while getting his first career major league win. He threw a 6 pitch scoreless 11th and then put up another 0 in the 12th to keep this team alive. Carillo has always been an intriguing relief option in the upper minors given his upper 90's fastball velocity combined with his pitch mix including a cutter, a splitter, and sinker. However tonight he also showed that he has what could arguably be the most important trait for a late inning reliever and that is he has that dog in him.
It is also worth discussing Brandon Pfaadt who tonight was dominant over 7 innings and definite
The Diamondbacks offense got off to such an amazing start. Scoring consistently with team baseball throughout each of the first 4 innings. It really felt like this offense was clicking. Overall they recorded 16 hits in the 12 innings highlighted by James McCann with 4 and Nolan Arenado with 3. On the flip side, this offense also set a franchise record recording 24 outs with runners in scoring position tonight. What started out so good, quickly turned into a start reminder of the problems that have been plaguing this offense most of the season with its struggles with RISP.
Then in the 7th inning, the offense suddenly came to a screeching halt. And the Pirates offense came jolting to life. The Pirates would erase the 6-0 lead the Dbacks had going into the 8th inning with 3 runs in the 8th and 3 runs in the 9th. Unfortunately what had been a strength much of the season in the backend of the bullpen in Thompson and Sewald was a weakness tonight. Thompson simply could not get away with anything tonight giving up 4 hits and a walk in just .2 of an inning. And the leader of this bullpen, Sewald came into the game with a 3 run lead in the 9th and proceeded to give up a base hit and back to back home runs to immediately erase the 3 run lead and tie the game. This was such a low moment for this team in such a big game. Especially with how lock down Sewald has been in save situations this season coming into the game having blown only 2 saves in 24 chances.
However fortunately for the Dbacks there was Gerardo Carillo who tonight put this team on his back and carried them back into the 3rd wildcard spot. Carrillo, who came into today working primarily as the low leverage long man, was thrust straight into some of the most high leverage innings of the season thus far, and boy did he deliver. Carillo was able to give the team 2 innings tonight in which he allowed 0 hits and 0 runs while striking out 3 while getting his first career major league win. He threw a 6 pitch scoreless 11th and then put up another 0 in the 12th to keep this team alive. Carillo has always been an intriguing relief option in the upper minors given his upper 90's fastball velocity combined with his pitch mix including a cutter, a splitter, and sinker. However tonight he also showed that he has what could arguably be the most important trait for a late inning reliever and that is he has that dog in him.
It is also worth discussing Brandon Pfaadt who tonight was dominant over 7 innings and definite
3 days ago
ACCIONA Energía has finalised the sale of a 361MW portfolio of operational wind farms in Spain to Galp New Energies in a deal valued at €432m ($491.2m).
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
3 days ago
A beloved player amongst the Detroit Tigers players, coaches and fanbase had to make way for another on Tuesday, July 28.
The Tigers reinstated shortstop/center fielder Javier Báez from the 60-day injured list ahead of Tuesday's game against the Baltimore Orioles. Detroit had to clear a roster spot on both the 26-man and 40-man roster since Báez was removed when he was placed on the 60-day list in June.
On Monday night following an 8-5 loss to the Orioles, manager A.J. Hinch and president of baseball operations Scott Harris sat down with backup catcher Jake Rogers and let him know he would be designated for ***** ignment.
Rogers, 31, has been a member of the Tigers' organization since he came over in the trade package for Justin Verlander from the Houston Astros in 2017. He made his major league debut with Detroit in 2019 and proceeded to appear in 362 games across six different seasons.
"Jake has been here as long as I have been here," Hinch said. "Scott, Jake and I met last night and did everything to walk down memory lane to just explain the timing and how decisions get made."
#orioles #list
The Tigers reinstated shortstop/center fielder Javier Báez from the 60-day injured list ahead of Tuesday's game against the Baltimore Orioles. Detroit had to clear a roster spot on both the 26-man and 40-man roster since Báez was removed when he was placed on the 60-day list in June.
On Monday night following an 8-5 loss to the Orioles, manager A.J. Hinch and president of baseball operations Scott Harris sat down with backup catcher Jake Rogers and let him know he would be designated for ***** ignment.
Rogers, 31, has been a member of the Tigers' organization since he came over in the trade package for Justin Verlander from the Houston Astros in 2017. He made his major league debut with Detroit in 2019 and proceeded to appear in 362 games across six different seasons.
"Jake has been here as long as I have been here," Hinch said. "Scott, Jake and I met last night and did everything to walk down memory lane to just explain the timing and how decisions get made."
#orioles #list
3 days ago
Michigan Wolverines head coach Kyle Whittingham sees only one way for college football to sustain itself as NIL grows every year. The rise in NIL has fueled conference realignment rumors as everyone seeks individual interests over conference priorities.
In his conversation with ESPN's Rich Eisen on Monday, Whittingham suggested converting college football into a minor league addition to the NFL. This was the Wolverines head coach's response when asked how he would improve the current state of college football, where money disparity has become a major issue:
"I think it's got to be a NFL minor league model where we have a salary cap and the players are employees," Whittingham said. "I think, as distasteful as some of that is, I don't think there's any other way that's better than that. And, right now, it's out of control. We're going to have probably a dozen teams in the next recruiting cycle with $50 million rosters."
With the Big Ten and SEC hosting some of the best teams in college football over the past decade, Whittingham was fueling a "super conference" as an alternative to the current system.
"And there's such a disparity between the haves and the have-nots, I think the only way to get that evened out and level the playing field is to go ahead and pattern it after a minor league NFL model or 'super league' if you will. You'll probably see 48-60 teams survive the cut and be on the right side of the line in the sand and proceed forward," the head coach continued.
#whittingham #Football
In his conversation with ESPN's Rich Eisen on Monday, Whittingham suggested converting college football into a minor league addition to the NFL. This was the Wolverines head coach's response when asked how he would improve the current state of college football, where money disparity has become a major issue:
"I think it's got to be a NFL minor league model where we have a salary cap and the players are employees," Whittingham said. "I think, as distasteful as some of that is, I don't think there's any other way that's better than that. And, right now, it's out of control. We're going to have probably a dozen teams in the next recruiting cycle with $50 million rosters."
With the Big Ten and SEC hosting some of the best teams in college football over the past decade, Whittingham was fueling a "super conference" as an alternative to the current system.
"And there's such a disparity between the haves and the have-nots, I think the only way to get that evened out and level the playing field is to go ahead and pattern it after a minor league NFL model or 'super league' if you will. You'll probably see 48-60 teams survive the cut and be on the right side of the line in the sand and proceed forward," the head coach continued.
#whittingham #Football
3 days ago
WASHINGTON (AP) — A former Olympian charged with deliberately damaging the Lincoln Memorial Reflecting Pool is seeking access to all of the closed-door testimony that led to his indictment, pointing to "irregularities" in those grand jury proceedings.
In a court filing Monday, David Hearn's attorneys requested an order for the government to turn over a complete transcript of all grand jury proceedings. They also want prosecutors to disclose the legal instructions they gave to grand jurors about the elements of Hearn's alleged crime.
Hearn pleaded not guilty earlier this month to one felony count of property destruction and has a trial scheduled to start Sept. 28 in D.C. Superior Court. The charge, which carries a maximum prison sentence of 10 years upon conviction, accuses Hearn of causing at least $1,000 in damage to the pool.
But his lawyers question whether prosecutors properly presented the grand jury with adequate evidence to support the amount of damage alleged in Hearn's indictment. A National Park Service official testified that the pool already was damaged before Hearn allegedly touched it, couldn't quantify any damage attributable to Hearn and said the same repairs would have been required regardless of his conduct, defense attorneys said.
"The witness's testimony established that the pool had substantial preexisting damage requiring repair before any alleged conduct by Mr. Hearn," his lawyers wrote. "According to the witness, the pool was leaking more than one million gallons of water per week; its expansion joints had exceeded their service life; and the liner already contained a rip."
#pool #jury #court #service
In a court filing Monday, David Hearn's attorneys requested an order for the government to turn over a complete transcript of all grand jury proceedings. They also want prosecutors to disclose the legal instructions they gave to grand jurors about the elements of Hearn's alleged crime.
Hearn pleaded not guilty earlier this month to one felony count of property destruction and has a trial scheduled to start Sept. 28 in D.C. Superior Court. The charge, which carries a maximum prison sentence of 10 years upon conviction, accuses Hearn of causing at least $1,000 in damage to the pool.
But his lawyers question whether prosecutors properly presented the grand jury with adequate evidence to support the amount of damage alleged in Hearn's indictment. A National Park Service official testified that the pool already was damaged before Hearn allegedly touched it, couldn't quantify any damage attributable to Hearn and said the same repairs would have been required regardless of his conduct, defense attorneys said.
"The witness's testimony established that the pool had substantial preexisting damage requiring repair before any alleged conduct by Mr. Hearn," his lawyers wrote. "According to the witness, the pool was leaking more than one million gallons of water per week; its expansion joints had exceeded their service life; and the liner already contained a rip."
#pool #jury #court #service
3 days ago
The U.S. dollar, euro and British pound enter a pivotal week as investors prepare for the Federal Reserve's July 29 to 30 meeting and the ECB's decision last week while new data comes through. Most **** ysts expect that the Fed will leave rates where they are, although the market will be watching out for clues from Chair Jerome Powell given that the latest US data has confirmed the strength of the economy.
June retail sales were up by 0.2% on the month, while the control group increased by 0.4%, and initial claims for unemployment benefits dropped to 208,000, a three-month low, underlining the strength of the consumer and the labour market. This week brings out the second-quarter GDP, the PCE inflation print for June and July non-farm payrolls which could alter thinking around the second half of the year.
The ECB decided to keep its deposit rate at 2.25% as it sees inflation edging toward its 2% target while remaining data-dependent. ECB President Christine Lagarde said growth remains weak, with members continuing to **** s the impact of the economic effect of trade and higher energy costs on the economic environment.
Sterling remains supported by expectations that the Bank of England will proceed cautiously after it kept Bank Rate at 3.75%, and it sees the UK policymakers juggle between curbing inflation and a steady wage-growth and a cooling labour market. UK mortgage approvals, consumer credit and business surveys are released this week as they provide evidence for the economy ahead of the next Bank of England meeting.
The U.S. Dollar Index is maintaining a healthy uptrend after bouncing off support in the 100.50 zone along the uptrend line. Currently, the index trades at 101.28, keeping the 50-day EMA (101.12) and 100-day EMA (101.01) beneath the index level. The RSI is sitting at 53.
#market #inflation #england
June retail sales were up by 0.2% on the month, while the control group increased by 0.4%, and initial claims for unemployment benefits dropped to 208,000, a three-month low, underlining the strength of the consumer and the labour market. This week brings out the second-quarter GDP, the PCE inflation print for June and July non-farm payrolls which could alter thinking around the second half of the year.
The ECB decided to keep its deposit rate at 2.25% as it sees inflation edging toward its 2% target while remaining data-dependent. ECB President Christine Lagarde said growth remains weak, with members continuing to **** s the impact of the economic effect of trade and higher energy costs on the economic environment.
Sterling remains supported by expectations that the Bank of England will proceed cautiously after it kept Bank Rate at 3.75%, and it sees the UK policymakers juggle between curbing inflation and a steady wage-growth and a cooling labour market. UK mortgage approvals, consumer credit and business surveys are released this week as they provide evidence for the economy ahead of the next Bank of England meeting.
The U.S. Dollar Index is maintaining a healthy uptrend after bouncing off support in the 100.50 zone along the uptrend line. Currently, the index trades at 101.28, keeping the 50-day EMA (101.12) and 100-day EMA (101.01) beneath the index level. The RSI is sitting at 53.
#market #inflation #england
3 days ago
President Trump's campaign for lower interest rates in the U.S. faces another setback this week at the meeting of the Federal Open Market Committee (FOMC). Wall Street ***** ysts have generally come to the conclusion that the FOMC will hold rates steady, if not hike them—and Trump's own foreign policy is an underlying factor.
The FOMC, led by central bank chairman Kevin Warsh, will meet Tuesday and Wednesday of this week to discuss progress toward its targets of maximum employment and inflation at 2%.
It is the latter task that has caused the Fed some difficulty over the past few years. At the time of writing, inflation stands at 3.5%—a drop from May to June, but still elevated compared with the start of the year and the Fed's target.
Part of that reading has come from higher fuel prices, up 15.7% from a year ago. While pressure in this category is beginning to fade (down 4.9% May to June), prices remain elevated as a result of conflict in the Middle East, choking global oil supply as a result.
There is little sign of a resolution between Washington and Tehran in sight. While the two sides are not currently engaged in active military conflict, as they have been over the past fortnight, no official ceasefire has been announced. While the fragile pause of fire allows ***** e for diplomacy to proceed, neither side has indicated they will capitulate over control of the Strait of Hormuz—the key shipping lane in the movement of oil around the planet.
Trump's foreign policy is therefore standing in the way of Warsh's path to a cut—Wall Street ***** ysts highlighted at the start of the week.
Bank of America's base case is for a hold this month, wrote chief U.S. economist Aditya Bhave and his team: "With markets now pricing nearly 10 [basis points] of hikes in July, Chair Warsh faces a difficult choice. Not hiking could challenge the Fed's credibility on inflation. But raising rates would go against his framework of looking through supply shocks.
#bank
The FOMC, led by central bank chairman Kevin Warsh, will meet Tuesday and Wednesday of this week to discuss progress toward its targets of maximum employment and inflation at 2%.
It is the latter task that has caused the Fed some difficulty over the past few years. At the time of writing, inflation stands at 3.5%—a drop from May to June, but still elevated compared with the start of the year and the Fed's target.
Part of that reading has come from higher fuel prices, up 15.7% from a year ago. While pressure in this category is beginning to fade (down 4.9% May to June), prices remain elevated as a result of conflict in the Middle East, choking global oil supply as a result.
There is little sign of a resolution between Washington and Tehran in sight. While the two sides are not currently engaged in active military conflict, as they have been over the past fortnight, no official ceasefire has been announced. While the fragile pause of fire allows ***** e for diplomacy to proceed, neither side has indicated they will capitulate over control of the Strait of Hormuz—the key shipping lane in the movement of oil around the planet.
Trump's foreign policy is therefore standing in the way of Warsh's path to a cut—Wall Street ***** ysts highlighted at the start of the week.
Bank of America's base case is for a hold this month, wrote chief U.S. economist Aditya Bhave and his team: "With markets now pricing nearly 10 [basis points] of hikes in July, Chair Warsh faces a difficult choice. Not hiking could challenge the Fed's credibility on inflation. But raising rates would go against his framework of looking through supply shocks.
#bank
3 days ago
We have just reached half-time in Real Madrid's second pre-season match against Leganés. Real Madrid took to the field with the following line-up: Lunin, Alexander-Arnold, Huijsen, Asencio, Carreras, Camavinga, Valverde, Güler, Mastantuono, Ciria (Castilla), García. Attendance at the Estadio Alfredo Di Stéfano was restricted to journalists and staff, with new signing Denzel Dumfries amongst the few spectators.
After a slow start to proceedings, with Madrid maintaining possession at almost walking-speed – we ended up seeing a good amount of action. Arda Güler linked up with Fede Valverde for the first chance of the game, but the Uruguayan could not get his toe to the delicate pass. The same combination would later open the scoring, this time with a combination along the floor allowing Fede to poke the ball home. Madrid would make it two straight after a drinks break, when a trademark Trent Alexander-Arnold pass found Gonzalo García who **** ed the ball over the keeper to score. Trent was deployed very high up the pitch, and was a standout alongside Arda.
Leganés did pull a goal back with an unstoppable effort that left Andriy Lunin and his defence mesmerised. A great first-half test against a strong second division side – with the score currently reading 2-1 to the hosts ahead of the second period. Changes are expected at the break. Check out our socials for coverage for the remainder of the game.
#second #alexander #arda
After a slow start to proceedings, with Madrid maintaining possession at almost walking-speed – we ended up seeing a good amount of action. Arda Güler linked up with Fede Valverde for the first chance of the game, but the Uruguayan could not get his toe to the delicate pass. The same combination would later open the scoring, this time with a combination along the floor allowing Fede to poke the ball home. Madrid would make it two straight after a drinks break, when a trademark Trent Alexander-Arnold pass found Gonzalo García who **** ed the ball over the keeper to score. Trent was deployed very high up the pitch, and was a standout alongside Arda.
Leganés did pull a goal back with an unstoppable effort that left Andriy Lunin and his defence mesmerised. A great first-half test against a strong second division side – with the score currently reading 2-1 to the hosts ahead of the second period. Changes are expected at the break. Check out our socials for coverage for the remainder of the game.
#second #alexander #arda
4 days ago
The club will hopefully announce Bodø/Glimt striker Kasper Høgh on a multi-million pound deal, after the Bhoys struck a record-breaking £11m transfer fee with the Norwegian side for his services.
News last night, as reported on Celtic Shorts, was that the big centre-forward has completed a successful medical in London ahead of the club confirming his signing on a four-year deal later today.
Martin O'Neill is in the marketplace for several more major targets, as the squad is in desperate need of refreshment following a close shave in Scottish football last year.
Hearts and Derek McInnes gave the 5IAR Champions a good run for their money, after Tony Bloom's initial involvement at the Tynecastle club, which could have easily been avoided, had proper investment in the playing squad been achieved last summer, as Brendan Rodgers continually pleaded for.
Now reports from Spain have confirmed that the World Cup star will return to pre-season training with the rest of his Real Oviedo teammates this midweek, as the Hoops' hierarchy has yet to strike an agreement with the Segunda Division side for the transfer to proceed. That is another frustrating update for Celtic supporters, but one that we are well used to, unfortunately.
#last #celtic #transfer
News last night, as reported on Celtic Shorts, was that the big centre-forward has completed a successful medical in London ahead of the club confirming his signing on a four-year deal later today.
Martin O'Neill is in the marketplace for several more major targets, as the squad is in desperate need of refreshment following a close shave in Scottish football last year.
Hearts and Derek McInnes gave the 5IAR Champions a good run for their money, after Tony Bloom's initial involvement at the Tynecastle club, which could have easily been avoided, had proper investment in the playing squad been achieved last summer, as Brendan Rodgers continually pleaded for.
Now reports from Spain have confirmed that the World Cup star will return to pre-season training with the rest of his Real Oviedo teammates this midweek, as the Hoops' hierarchy has yet to strike an agreement with the Segunda Division side for the transfer to proceed. That is another frustrating update for Celtic supporters, but one that we are well used to, unfortunately.
#last #celtic #transfer
4 days ago
argenx has entered a definitive agreement to acquire Forte Biosciences for approximately $2.2bn in total equity value.
Approved by both companies' boards of directors, the transaction is expected to close in the third quarter of 2026, contingent upon standard closing conditions.
The main ***** et involved is FB102, Forte Biosciences' first-in-class anti-CD122 antibody, which will be added to argenx's immunology portfolio. FB102 was evaluated in Phase Ib studies for vitiligo and celiac disease.
These studies were a key factor in deciding to proceed from a strategic investment to acquisition by argenx.
Forte Biosciences expects to release Phase II data for FB102 in the second half of this year.
#forte #biosciences
Approved by both companies' boards of directors, the transaction is expected to close in the third quarter of 2026, contingent upon standard closing conditions.
The main ***** et involved is FB102, Forte Biosciences' first-in-class anti-CD122 antibody, which will be added to argenx's immunology portfolio. FB102 was evaluated in Phase Ib studies for vitiligo and celiac disease.
These studies were a key factor in deciding to proceed from a strategic investment to acquisition by argenx.
Forte Biosciences expects to release Phase II data for FB102 in the second half of this year.
#forte #biosciences
4 days ago
A $29,000 XRP position today could reach $1 million by 2035 only if the coin hits $38, requiring a $2.4 trillion market cap.
About 73% of XRP wallets hold fewer than 100 coins worth roughly $110 today, leaving most holders far short of any retirement target.
XRP's 70% price drop over one year proves why selling at your target and moving proceeds into stable ***** ets beats drawing income directly from crypto.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Say you want to retire in the next decade or two and you want crypto to fund it. XRP (CRYPTO:XRP) is one of the top digital ***** ets worth a shout, since it is Ripple's native token and the bridge ***** et that settles payments across its cross-border network, so the utility is there.
#target #assets #want
About 73% of XRP wallets hold fewer than 100 coins worth roughly $110 today, leaving most holders far short of any retirement target.
XRP's 70% price drop over one year proves why selling at your target and moving proceeds into stable ***** ets beats drawing income directly from crypto.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Say you want to retire in the next decade or two and you want crypto to fund it. XRP (CRYPTO:XRP) is one of the top digital ***** ets worth a shout, since it is Ripple's native token and the bridge ***** et that settles payments across its cross-border network, so the utility is there.
#target #assets #want