The list of President-elect Donald Trump's legal cases is shrinking — or being delayed. On Monday, Special Counsel Jack Smith filed a motion to dismiss the Washington, D.C. election subversion case. He also asked a federal appeals court to stop reviewing the classified documents case in Florida. On Tuesday, that court granted dismissal of the case against Trump — though not against other appellees. In dismissing the cases, the Special Counsel cited the Department of Justice's long-standing policy of not prosecuting sitting presidents. "After careful consideration, the Department has determined that OLC's prior opinions concerning the Constitution's prohibition on federal indictment and prosecution of a sitting President apply to this situation and that as a result this prosecution must be dismissed before the defendant is inaugurated," Smith wrote in his court filing regarding the election subversion case. "We've used the word unprecedented a lot over the course of the last four years, and yet again this is something that is unprecedented, and Smith himself said this in his motion," former state and federal prosecutor David S. Weinstein told Scripps News. "He took great detail to point out that this was not based on the strength or weakness of the case." In a post on Truth Social , Trump said in part "These cases, like all of the other cases I have been forced to go through, are empty and lawless." RELATED STORY | Special counsel evaluating how to wind down federal cases against Trump Earlier this year, Trump faced four on-going criminal cases. He was convicted in his New York hush money case in May, but sentencing — which was scheduled for this week — has been delayed . After Smith's actions Monday, Trump now faces only the Georgia election interference case. In Georgia, Trump was indicted along with 18 allies, accused of trying to overturn the 2020 election results in the state. But that case is now on hold after the state appeals court unexpectedly removed a December hearing from its calendar. That court will issue a new order on how this case will move forward, but with less than two months before the inauguration, the future of the Georgia and New York hush money cases are still being decided. "The two state cases are likely to recede into the background — at best," former Department of Justice attorney and current partner at Gelber, Schachter & Greenberg, Barbara Llanes, told Scripps News. "We probably won't hear much about these cases following the inauguration of President-elect Trump." Defense attorneys for Trump believe his election victory is enough for the hush money case to be dismissed. They need to file a motion by Dec. 2 making that argument. Then prosecutors have until Dec. 9 to file a rebuttal. They still believe Trump should be sentenced — even if it's after he leaves office. Judge Juan Merchan will then make a decision on how this case should move forward. There's no set date on exactly when he will make that decision.By KAREEM CHEHAYEB BEIRUT (AP) — In 2006, after a bruising monthlong war between Israel and Lebanon’s powerful Hezbollah militant group, the United Nations Security Council unanimously voted for a resolution to end the conflict and pave the way for lasting security along the border. But while there was relative calm for nearly two decades, Resolution 1701’s terms were never fully enforced. Now, figuring out how to finally enforce it is key to a U.S.-brokered ceasefire deal approved by Israel on Tuesday. In late September, after nearly a year of low-level clashes , the conflict between Israel and Hezbollah spiraled into all-out war and an Israeli ground invasion . As Israeli jets pound deep inside Lebanon and Hezbollah fires rockets deeper into northern Israel, U.N. and diplomatic officials again turned to the 2006 resolution in a bid to end the conflict. Years of deeply divided politics and regionwide geopolitical hostilities have halted substantial progress on its implementation, yet the international community believes Resolution 1701 is still the brightest prospect for long-term stability between Israel and Lebanon. Almost two decades after the last war between Israel and Hezbollah, the United States led shuttle diplomacy efforts between Lebanon and Israel to agree on a ceasefire proposal that renewed commitment to the resolution, this time with an implementation plan to try to bring the document back to life. In 2000, Israel withdrew its forces from most of southern Lebanon along a U.N.-demarcated “Blue Line” that separated the two countries and the Israeli-annexed Golan Heights, which most of the world considers occupied Syrian territory. U.N. peacekeeping forces in Lebanon, known as UNIFIL , increased their presence along the line of withdrawal. Resolution 1701 was supposed to complete Israel’s withdrawal from southern Lebanon and ensure Hezbollah would move north of the Litani River, keeping the area exclusively under the Lebanese military and U.N. peacekeepers. Up to 15,000 U.N. peacekeepers would help to maintain calm, return displaced Lebanese and secure the area alongside the Lebanese military. The goal was long-term security, with land borders eventually demarcated to resolve territorial disputes. The resolution also reaffirmed previous ones that call for the disarmament of all armed groups in Lebanon — Hezbollah among them. “It was made for a certain situation and context,” Elias Hanna, a retired Lebanese army general, told The Associated Press. “But as time goes on, the essence of the resolution begins to hollow.” For years, Lebanon and Israel blamed each other for countless violations along the tense frontier. Israel said Hezbollah’s elite Radwan Force and growing arsenal remained, and accused the group of using a local environmental organization to spy on troops. Lebanon complained about Israeli military jets and naval ships entering Lebanese territory even when there was no active conflict. “You had a role of the UNIFIL that slowly eroded like any other peacekeeping with time that has no clear mandate,” said Joseph Bahout, the director of the Issam Fares Institute for Public Policy at the American University of Beirut. “They don’t have permission to inspect the area without coordinating with the Lebanese army.” UNIFIL for years has urged Israel to withdraw from some territory north of the frontier, but to no avail. In the ongoing war, the peacekeeping mission has accused Israel, as well as Hezbollah , of obstructing and harming its forces and infrastructure. Hezbollah’s power, meanwhile, has grown, both in its arsenal and as a political influence in the Lebanese state. The Iran-backed group was essential in keeping Syrian President Bashar Assad in power when armed opposition groups tried to topple him, and it supports Iran-backed groups in Iraq and Yemen. It has an estimated 150,000 rockets and missiles, including precision-guided missiles pointed at Israel, and has introduced drones into its arsenal . Hanna says Hezbollah “is something never seen before as a non-state actor” with political and military influence. Israel’s security Cabinet approved the ceasefire agreement late Tuesday, according to Prime Minister Benjamin Netanyahu’s office. The ceasefire is set to take hold at 4 a.m. local time Wednesday. Efforts led by the U.S. and France for the ceasefire between Israel and Hezbollah underscored that they still view the resolution as key. For almost a year, Washington has promoted various versions of a deal that would gradually lead to its full implementation. International mediators hope that by boosting financial support for the Lebanese army — which was not a party in the Israel-Hezbollah war — Lebanon can deploy some 6,000 additional troops south of the Litani River to help enforce the resolution. Under the deal, an international monitoring committee headed by the United States would oversee implementation to ensure that Hezbollah and Israel’s withdrawals take place. It is not entirely clear how the committee would work or how potential violations would be reported and dealt with. The circumstances now are far more complicated than in 2006. Some are still skeptical of the resolution’s viability given that the political realities and balance of power both regionally and within Lebanon have dramatically changed since then. “You’re tying 1701 with a hundred things,” Bahout said. “A resolution is the reflection of a balance of power and political context.” Now with the ceasefire in place, the hope is that Israel and Lebanon can begin negotiations to demarcate their land border and settle disputes over several points along the Blue Line for long-term security after decades of conflict and tension.Closing marks second significant acquisition from RA Capital's Raven incubator in 2024, and first acquisition of a company built by Raven from a technology platform in-licensed from a large pharmaceutical company BOSTON , Dec. 11, 2024 /PRNewswire/ -- RA Capital Management, LP (RA Capital), a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies, today announced that AbbVie has closed its $1.4 billion acquisition of RA Capital's portfolio company Aliada Therapeutics. Aliada's lead investigational asset is ALIA-1758, an anti-pyroglutamate amyloid beta (3pE-Aβ) antibody, which is in development for the treatment of Alzheimer's disease and is currently in a Phase 1 clinical trial. ALIA-1758 utilizes a novel blood-brain barrier-crossing technology that enhances delivery of targeted drugs into the central nervous system. Johnson & Johnson (through its venture capital arm, Johnson & Johnson Innovation – JJDC, Inc.), RA Capital, and Raven (RA Capital's healthcare incubator) co-founded Aliada and co-led the series seed financing in 2021 to advance the MODELTM platform created by Johnson & Johnson scientists that was licensed to Aliada at its inception. "Congratulations to the Aliada and AbbVie teams and our fellow investors on the close of this transaction," said Joshua Resnick , MD, Senior Managing Director at RA Capital Management and former board director at Aliada. "The acquisition of Aliada is the second significant acquisition of a Raven-grown company this year, joining Novartis' $1 billion upfront acquisition of radiopharmaceutical developer Mariana Oncology in May." "Delivering therapeutics across the blood-brain barrier with a low-volume, subcutaneous injection would be revolutionary for treating Alzheimer's disease and other neurological disorders, and has long been a dream in the field," said Laura Tadvalkar , PhD, Managing Director at RA Capital Management and former board chair at Aliada. "We look forward to following ALIA-1758's progress through the clinic, as AbbVie advances this important medicine for Alzheimer's disease patients." About Raven Raven is RA Capital Management's healthcare incubator. Raven's experienced team of scientists, operators, and innovators bring deep sector expertise, insight and executional capabilities across therapeutics, diagnostics, devices, and services. Raven builds companies: from originating and incubating new ideas to accelerating compelling innovations and rejuvenating promising assets. About RA Capital Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital's knowledge engine is guided by our TechAtlas internal research division, and Raven, RA Capital's company creation team, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined. RA Capital has more than 175 employees and over $10 billion in assets under management. The companies presented herein were selected to demonstrate a potential successful outcome of a company being incubated within our Raven incubator. They are not intended to represent a complete picture of RA Capital's portfolio, its exposures, risks or potential for positive or negative returns. Past performance is not indicative of future results. View original content to download multimedia: https://www.prnewswire.com/news-releases/ra-capital-management-announces-close-of-1-4-billion-acquisition-of-aliada-therapeutics-by-abbvie-302329567.html SOURCE RA Capital Management, LP
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Northvolt says Quebec battery plant will proceed despite bankruptcy filing MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec. The Canadian Press Nov 21, 2024 12:11 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message An aerial view of the land being developed by Northvolt, the new EV battery plant being built by the Swedish manufacturer in Saint-Basile-le-Grand, east of Montreal, Que.,Thursday, May 16, 2024. THE CANADIAN PRESS/Christinne Muschi MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec. The Sweden-based parent company and several subsidiaries on Thursday filed for a court-supervised reorganization of its debt and assets under Chapter 11 of the U.S. bankruptcy code. However, Northvolt said its Canadian subsidiary is financed separately and "will continue to operate as usual outside of the Chapter 11 process." The Northvolt plant, dubbed Northvolt Six and slated for construction about 25 kilometres east of Montreal, is a $7-billion undertaking that aims to churn out battery cells and cathode active material for electric vehicles. "Northvolt Six is an essential component of the company's future and we remain fully committed to seeing it through," said Paolo Cerruti, Northvolt co-founder and CEO of Northvolt North America, which oversees the project. "The execution plan for the site construction is proceeding diligently and prudently, including during the period of restructuring of the parent company in Sweden," he said in a statement in French. Nonetheless, concerns around Northvolt's financial solvency have raised questions about a project to which Quebec and Ottawa have pledged $2.4 billion in funding. In September, Northvolt announced it would shrink its operations in Europe and lay off 1,600 employees in Sweden, or about a fifth of its workforce. Last month, Cerruti suggested that the company may have been overly ambitious, but said it had no intention of asking the provincial or federal governments for more money for its planned lithium battery plant in Quebec's Montérégie region. The manufacturer is in Quebec "to stay," he assured industry representatives in Montreal on Oct. 28. This report by The Canadian Press was first published Nov. 21, 2024. The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More The Mix Dynamite, Garage parent company makes debut on Toronto Stock Exchange Nov 21, 2024 12:30 PM Under-20 coach Cindy Tye named interim coach for upcoming Canada senior friendlies Nov 21, 2024 12:06 PM Economist says temporary tax cut, relief cheques play into rosier growth picture Nov 21, 2024 11:59 AM Featured FlyerDouglas lost his job as the general manager on Tuesday, six weeks after the head coach was replaced following a 2-3 start. The Jets have gone 1-5 under interim coach Jeff Ulbrich so owner Woody Johnson sent Douglas packing. Rodgers has played more like a 40-year-old quarterback coming off an Achilles tendon injury than a four-time NFL MVP. He's expressed a desire to play another season. The big question is whether the Jets will want him back. Maybe they'll decide to take one more shot at a playoff run with Rodgers while having him mentor a rookie quarterback. Or, they could start fresh. There are significant contract ramifications either way. Rodgers is slated to make a non-guaranteed $37.5 million in 2025 with a dead cap hit of $49 million as his salary cap total goes from $17.1 million to $23.5 million. The Jets could spread the dead money over two years by releasing Rodgers with the use of post-June 1 designation. He has a no-trade clause in his contract so they would need his permission to make a deal. If Rodgers doesn't retire and New York's new regime wants a clean slate, here are potential destinations for the future first-ballot Hall of Famer: SAN FRANCISCO 49ERS: This could only happen if Brock Purdy's shoulder injury is more significant than is known. Rodgers is a native of northern California and grew up a Niners fan. Returning home to help San Francisco win its sixth Super Bowl has to be attractive. Playing for coach Kyle Shanahan surrounded by playmakers Christian McCaffrey, Deebo Samuel and George Kittle would be a quarterback's dream. Again, Purdy is the team's present and future. And, he's resilient. Purdy rebounded from elbow surgery following his rookie season to start Week 1 last year and ended up finishing fourth in MVP voting, leading the 49ers to the Super Bowl. Purdy also is due for a contract extension and a major raise so the salary cap makes this even more of a longshot. But never say never in the NFL. MINNESOTA VIKINGS: Sam Darnold has been more than a stopgap, helping the Vikings (8-2) to an impressive start. J.J. McCarthy is the future, however, and Darnold will be a free agent after the season. If the Vikings fall short of a Super Bowl and Rodgers shows over the final six weeks that he can play championship football, this could be a fit. The Vikings could let McCarthy sit and learn for another year, especially coming off a knee injury that required a second surgery earlier this month. NEW YORK GIANTS: Rodgers wouldn't have to move. The Giants will need a quarterback after benching Daniel Jones and eventually releasing him. They could draft a quarterback in the first round and have him learn behind Rodgers for a season. That'll depend on which pick New York ends up with because it's a thin draft class. Unlike the Jets, the Giants (2-8) haven't made any coaching or GM changes yet. If it's status quo with GM Joe Schoen and coach Brian Daboll, one year with Rodgers isn't unrealistic. LAS VEGAS RAIDERS: They also need a quarterback. Brock Bowers could set an NFL record for most catches by a tight end if he had Rodgers next season. The Raiders (2-8) are aiming for a high pick to get a shot at a quarterback of their choice. New minority owner Tom Brady believes rookie quarterbacks need time to develop and learn. The seven-time Super Bowl champion would have to be in favor of having Rodgers start and tutor a youngster. TENNESSEE TITANS: If Will Levis doesn't prove over the final seven games that he can be a No. 1 quarterback, the Titans (2-8) will be in the QB market and likely have a high draft pick. It's another scenario where Rodgers would fit as a one-year bridge.
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Canadian Pacific Kansas CP has outperformed the market over the past 15 years by 1.89% on an annualized basis producing an average annual return of 13.82%. Currently, Canadian Pacific Kansas has a market capitalization of $69.81 billion. Buying $1000 In CP: If an investor had bought $1000 of CP stock 15 years ago, it would be worth $7,058.66 today based on a price of $74.80 for CP at the time of writing. Canadian Pacific Kansas's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Medalist Diversified REIT CFO Winn buys $3,645 in stock
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