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WASHINGTON (AP) — Special counsel Jack Smith moved to abandon two criminal cases against Donald Trump on Monday, acknowledging that Trump’s return to the White House will preclude attempts to federally prosecute him for retaining classified documents or trying to overturn his 2020 election defeat. The decision was inevitable, since longstanding Justice Department policy says sitting presidents cannot face criminal prosecution. Yet it was still a momentous finale to an unprecedented chapter in political and law enforcement history, as federal officials attempted to hold accountable a former president while he was simultaneously running for another term. Trump emerges indisputably victorious, having successfully delayed the investigations through legal maneuvers and then winning re-election despite indictments that described his actions as a threat to the country's constitutional foundations. “I persevered, against all odds, and WON," Trump exulted in a post on Truth Social, his social media website. He also said that “these cases, like all of the other cases I have been forced to go through, are empty and lawless, and should never have been brought.” The outcome makes it clear that, when it comes to a president and criminal accusations, nothing supersedes the voters' own verdict. In court filings, Smith's team emphasized that the move to end their prosecutions was not a reflection of the merit of the cases but a recognition of the legal shield that surrounds any commander in chief. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” prosecutors said in one of their filings. They wrote that Trump’s return to the White House “sets at odds two fundamental and compelling national interests: on the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law.” In this situation, “the Constitution requires that this case be dismissed before the defendant is inaugurated,” they concluded. Smith’s team said it was leaving intact charges against two co-defendants in the classified documents case — Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira — because “no principle of temporary immunity applies to them.” Steven Cheung, Trump's incoming White House communications director, said Americans “want an immediate end to the political weaponization of our justice system and we look forward to uniting our country.” Trump has long described the investigations as politically motivated, and he has vowed to fire Smith as soon as he takes office in January. Now he will start his second term free from criminal scrutiny by the government that he will lead. The election case brought last year was once seen as one of the most serious legal threats facing Trump as he tried to reclaim the White House. He was indicted for plotting to overturn his defeat to Joe Biden in 2020, an effort that climaxed with his supporters' violent attack on the U.S. Capitol on Jan. 6, 2021. But the case quickly stalled amid legal fighting over Trump’s sweeping claims of immunity from prosecution for acts he took while in the White House. The U.S. Supreme Court in July ruled for the first time that former presidents have broad immunity from prosecution, and sent the case back to U.S. District Judge Tanya Chutkan to determine which allegations in the indictment, if any, could proceed to trial. The case was just beginning to pick up steam again in the trial court in the weeks leading up to this year’s election. Smith’s team in October filed a lengthy brief laying out new evidence they planned to use against him at trial, accusing him of “resorting to crimes” in an increasingly desperate effort to overturn the will of voters after he lost to Biden. In asking for the election case to be dismissed, prosecutors requested that Chutkan do it “without prejudice,” raising the possibility that they could try to bring charges against Trump again after he leaves office. But such a move may be barred by the statute of limitations, and Trump may also try to pardon himself while in office. The separate case involving classified documents had been widely seen as legally clear cut, especially because the conduct in question occurred after Trump left the White House and lost the powers of the presidency. The indictment included dozens of felony counts accusing him of illegally hoarding classified records from his presidency at his Mar-a-Lago estate in Palm Beach, Florida, and obstructing federal efforts to get them back. He has pleaded not guilty and denied wrongdoing. The case quickly became snarled by delays, with U.S. District Judge Aileen Cannon slow to issue rulings — which favored Trump’s strategy of pushing off deadlines in all his criminal cases — while also entertaining defense motions and arguments that experts said other judges would have dispensed with without hearings. In May, she indefinitely canceled the trial date amid a series of unresolved legal issues before dismissing the case outright two months later. Smith’s team appealed the decision, but now has given up that effort. Trump faced two other state prosecutions while running for president. One them, a New York case involving hush money payments, resulted in a conviction on felony charges of falsifying business records. It was the first time a former president had been found guilty of a crime. The sentencing in that case is on hold as Trump's lawyers try to have the conviction dismissed before he takes office, arguing that letting the verdict stand will interfere with his presidential transition and duties. Manhattan District Attorney Alvin Bragg's office is fighting the dismissal but has indicated that it would be open to delaying sentencing until Trump leaves office. Bragg, a Democrat, has said the solution needs to balance the obligations of the presidency with “the sanctity of the jury verdict." Trump was also indicted in Georgia along with 18 others accused of participating in a sprawling scheme to illegally overturn the 2020 presidential election there. Any trial appears unlikely there while Trump holds office. The prosecution already was on hold after an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her romantic relationship with the special prosecutor she had hired to lead the case. Four defendants have pleaded guilty after reaching deals with prosecutors. Trump and the others have pleaded not guilty. Associated Press writers Colleen Long, Michael Sisak and Lindsay Whitehurst contributed to this story.French Ambassador to Korea Philippe Bertoux gives a speech during an event held at his residence in Seoul, Dec. 9. Korea Times photo by Kim Hyun-bin By Kim Hyun-bin French Ambassador to Korea Philippe Bertoux praised the remarkable achievements of 2024, with a special focus on the 2024 Paris Summer Olympics and Paralympics, during an event held at his residence in Seoul, Dec. 9. Addressing a distinguished gathering, Bertoux highlighted the unforgettable moments the Games brought to the world, emphasizing the event's role in uniting people through the power of sports. "The Paris 2024 Summer Olympics and Paralympics were the highlights of the year," he said. "From the opening ceremony along the River Seine to the electrifying performances across all sports, we have witnessed unforgettable moments that showcase the power of sports to bring people together." Bertoux underscored the revolutionary nature of the Paris Games, sharing staggering audience figures released by the International Olympic Committee (IOC). "The figures in terms of audience are truly astonishing, with 5 billion viewers and 16.7 billion commitments on social networks. The Paris Games are by far the most successful ever organized," he said. The ambassador took the opportunity to commend the athletes from around the world, with a special mention of the Korean Olympic and Paralympic teams. "Tonight, we will, of course, especially congratulate the South Korean Olympic and Paralympic team. You have made your country proud, and you are truly inspiring for all of us," Bertoux said. "I want to have a special word of appreciation for you and your coaches who share in your successes." Bertoux also highlighted the growing significance of esports, acknowledging the presence of the Team Vitality League of Legends team. "Today, we are very proud to welcome Team Vitality, who has been training at the Gen.G Academy. Your cooperation and the time spent training in Korea will surely inspire future successes," he said. The golden cross designed by French artist Guillaume Blardet over the tabernacle at the Notre-Dame de Paris Cathedral in Paris, Dec. 8. The Notre Dame de Paris Cathedral reopened Dec. 7 after nearly six years of renovation work following its destruction by a fire on April 15, 2019. EPA-Yonhap In addition to the Paris Games, Bertoux celebrated the reopening of the Notre-Dame Cathedral on Dec. 7, a significant event following a devastating fire in 2019. The reopening included a series of celebratory events and special tours that highlighted the history and significance of the cathedral. "This weekend, we had an incredible event with the reopening of Notre-Dame Cathedral. French craftsmen have worked tirelessly to restore this beloved symbol in less than five years," he said. The ambassador linked these accomplishments to the broader "Make it Iconic" campaign, aimed at promoting France not just as a destination but as a symbol of creativity and resilience. "We offer in France a diversity of people and talents who keep challenging new ideas and contribute to French attractiveness," Bertoux said. Turning to economic matters, Bertoux highlighted France's resilience in the face of global challenges. "Our economy has been particularly resilient despite the COVID crisis and current geopolitical complexities. Over the last 12 months, our growth reached 13 percent, higher than the EU average," he said. He emphasized France's strategic position for foreign investments, including those from Korea, due to its nearly decarbonized electricity and world-class scientists. Bertoux concluded his speech by celebrating the deepening ties between Korea and France. "The number of Korean tourists traveling to France has increased steadily. We believe that by promoting new travel experiences, sustainable tourism and deeper cultural exchanges, we will encourage more Koreans to explore the wonders of our nation," he said. As the year closes, Bertoux expressed his gratitude to all attendees, especially the Olympic champions who contributed to the warmth and strength of bilateral relations. Looking ahead, he noted the upcoming 140th anniversary of the Korea-France friendship in 2026 as another milestone to celebrate.Tests keep coming for Auburn and Duke, who collide at Cameron Indoor Stadium in a typical prove-it game in a rare environment on Wednesday night. No. 2 Auburn and No. 9 Duke square off less than one month into the season as two of the most battle-tested teams in basketball. They're matched as one of the marquee games in the crossover showcase known as the ACC-SEC Challenge. Auburn (7-0) jumped two spots in the latest Top 25 poll propelled by its Maui Invitational championship. In one of Feast Week's toughest brackets, the Tigers rallied from 18 points down to beat then-No. 4 Iowa State, handled then-No. 12 North Carolina 85-72 and rolled past Memphis 90-76 in the title game. With a week off to shed any remnants of jet lag returning from the islands, Auburn head coach Bruce Pearl is pointing to another potential resume-building win. "The confidence that we're going to get from (Maui) is that we know we can play with anybody," Pearl said. "I promise you this, we'll stay humble and hungry. We will not begin to think too much of ourselves." Helping lead Auburn in Maui was fifth-year power forward Johni Broome. The tournament's MVP, Broome averaged 21.7 points, 15 rebounds, 4.3 assists and three blocks in the three-game sweep. Spearheading a veteran Tigers roster, Broome couldn't care less about individual honors. "I wanted to come to a place where the foundation was already built, and that's why I came to Auburn," Broome said. "Winning player of the year doesn't matter to me. I care about winning games, and making sure I can help my team in any way." Broome's 20.7 points and 12.9 rebounds per game lead the Tigers, while Chad Baker-Mazara adds 12.6 ppg and Denver Jones chips in 11.1. Auburn's next roadblock is earning its first-ever win against Duke. The Tigers are 0-3 all-time against the Blue Devils, including a six-point loss in the 2018 Maui Invitational. Duke (5-2) has already been through three games against ranked opponents. The Blue Devils had a 77-72 loss against then-No. 19 Kentucky, a 14-point win at then-No. 17 Arizona and a 75-72 defeat against No. 1 Kansas last week in Las Vegas. "Best team we've played so far," Pearl said of Duke. Bouncing back on Friday, the Blue Devils took down Seattle 70-48, holding the Redhawks to just 10 made field goals on 47 attempts (21.3 percent). Despite the suffocating defensive effort, Duke head coach Jon Scheyer knows his team has a long way to go. "I wasn't really happy with much tonight, to be honest," Scheyer said on Friday. "I thought we rushed some shots, had too many turnovers. We need to finish stronger, drive stronger, make extra passes, there were a whole bunch of things. ... We just need to get back to practice. In fairness to our guys, we've been traveling a lot and we just need practice time." Pacing the Blue Devils in scoring is five-star freshman Cooper Flagg. He's averaging 15.9 points per game to go along with 8.3 rebounds. Fellow freshman Kon Knueppel adds 13.4 points per contest. Far less seasoned raw freshman, big man Khaman Maluach has given Duke's interior defense an edge it was lacking last season. A projected lottery pick who can be overshadowed by the Flagg publicity train, Maluach (7-2, 248) is averaging 8.4 points, 5.0 rebounds and has two three-block games. In last year's inaugural ACC-SEC Challenge, Duke lost at Arkansas 80-75 and Auburn topped Virginia Tech 74-57. --Field Level Media
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Ruud van Nistelrooy ‘disappointed’ and ‘hurt’ after cutting ties with Man UtdShare Tweet Share Share Email The fast digitalization of commerce has revolutionized how people and businesses handle transactions. At the heart of this transformation are payment APIs (Application Programming Interfaces). These invisible yet powerful tools enable seamless, secure, and efficient payment experiences. Whether you are shopping online, paying bills, or transferring funds, chances are a payment API is working behind the scenes. By understanding and leveraging the power of payment APIs, businesses can thrive in today’s competitive digital space. These tools are not just technological assets—they are essential for building trust, boosting efficiency, and driving growth . What Are Payment APIs? A payment API is a software interface that allows different applications to communicate and interact with payment gateways. Essentially, it acts as a bridge between a business’s platform and the payment processing infrastructure. By integrating payment APIs, businesses can provide their customers with secure and user-friendly ways to complete transactions. For example, e-commerce platforms use payment APIs to enable customers to pay through various methods like credit cards, mobile wallets, or bank transfers. These APIs are designed to ensure smooth communication while maintaining high-security standards. Why Are Payment APIs Important? The significance of payment APIs lies in their ability to simplify complex payment processes. Without them, businesses would need to develop their payment systems from scratch—a time-consuming and costly endeavor. Payment APIs eliminate these challenges by offering ready-to-use solutions. Moreover, they are crucial for providing a seamless user experience. When transactions are quick and hassle-free, customers are more likely to complete their purchases. In turn, this boosts conversion rates and enhances customer satisfaction. Security is another critical factor. Payment APIs incorporate advanced encryption and fraud detection features, ensuring sensitive customer data remains protected. With growing concerns about data breaches, this level of security is non-negotiable for businesses. Key Features of Payment APIs Not all payment APIs are created equal. High-quality APIs come with features that enhance functionality, security, and adaptability. Below are some of the essential features: Multi-Currency Support As businesses expand globally, accepting payments in different currencies becomes necessary. Payment APIs simplify this by offering multi-currency support. Customers can pay in their preferred currency, and the system handles currency conversions. Multiple Payment Methods Payment preferences vary widely among users. Some prefer credit cards, while others use mobile wallets or direct bank transfers. Payment APIs support a range of methods, making transactions more inclusive. Fraud Detection Security breaches can tarnish a company’s reputation. Many payment APIs include built-in fraud detection mechanisms that identify and flag suspicious activities . This feature minimizes risks and builds trust among customers. Ease of Integration One of the biggest advantages of payment APIs is their ease of integration. Developers can seamlessly embed them into websites or apps using clear documentation and software development kits (SDKs). Customizable Features Businesses often need tailored solutions to meet specific needs. High-quality APIs allow for customization, enabling businesses to adjust payment workflows or add branding elements. Real-World Applications of Payment APIs Payment APIs are more than just technical tools; they power real-world applications that consumers interact with daily. Below are some examples of how they function in various industries. E-Commerce Platforms Online shopping is perhaps the most common use case. Payment APIs enable online stores to accept payments securely and swiftly. Customers can choose their preferred payment method, whether it’s a credit card or a digital wallet like PayPal. Subscription Services Platforms like Netflix or Spotify rely on recurring payments. Payment APIs make this possible by automating subscription billing. This ensures customers are charged accurately and on time without manual intervention. Mobile Applications From ride-hailing apps to food delivery services, mobile apps depend heavily on payment APIs. These APIs facilitate in-app payments, ensuring a seamless user experience. Point-of-Sale (POS) Systems In physical stores, modern POS systems use APIs to process card payments. This integration ensures speed and reliability during checkout. How Payment APIs Enhance User Experience One of the key reasons for the widespread adoption of payment APIs is their ability to enhance user experience. Customers value convenience, and payment APIs deliver just that. Let’s break down how they improve the customer journey. Faster Checkout Processes With payment APIs, transactions are processed in real-time. Customers can complete their purchases quickly, reducing cart abandonment rates. Personalized Payment Options Some APIs allow businesses to offer payment options based on user preferences. For example, returning customers might see their favorite payment method pre-selected. Cross-Platform Compatibility Whether a user is shopping on a desktop, tablet, or smartphone, payment APIs ensure a consistent experience. This flexibility caters to modern consumers who switch between devices. The Future of Payment APIs As technology evolves, so do payment APIs. Emerging trends and innovations promise to make these tools even more powerful and efficient. Here’s what the future holds: AI-Powered Transactions Artificial intelligence (AI) is set to revolutionize payment APIs. AI algorithms can analyze transaction data to predict customer preferences and detect fraud more accurately. Blockchain Integration Blockchain technology offers unparalleled security and transparency. Integrating blockchain into payment APIs could eliminate intermediaries, reducing costs and enhancing trust. Voice-Activated Payments With the rise of voice assistants like Alexa and Google Assistant, voice-activated payments are becoming a reality. Payment APIs will play a crucial role in enabling this functionality. Global Standardization As cross-border commerce grows, there will be a push toward standardizing payment APIs. This will simplify global transactions and reduce integration challenges. Challenges in Implementing Payment APIs While payment APIs offer numerous benefits, implementing them is not without challenges. Businesses must navigate these hurdles to unlock their full potential. Regulatory Compliance Different regions have varying regulations regarding online payments. APIs must comply with these rules to avoid legal issues. Integration Costs Although APIs are cost-effective in the long run, the initial integration can be expensive. Small businesses may find this challenging. Technical Dependencies APIs rely on robust technical infrastructure. Downtime or server issues can disrupt payment processes, affecting user trust. Conclusion Payment APIs are the backbone of modern digital transactions. They enable businesses to provide secure, efficient, and user-friendly payment solutions. From e-commerce platforms to mobile apps, their applications are vast and transformative. As technology advances , payment APIs will continue to evolve. Innovations like AI, blockchain, and voice activation will shape the future of payments. For businesses, staying ahead of these trends is crucial for delivering exceptional customer experiences. Related Items: 2024 Technology , Payment APIs , Seamless Transactions Share Tweet Share Share Email Recommended for you PeopleTools ATT: Enhance Your Business Solutions Family Therapy for Teen Behavior Challenges: Understanding the Process Comprehensive Guide to Business License in Dubai and Company Setup in Dubai Comments
Perspective Therapeutics ( NYSE:CATX – Get Free Report ) had its target price lowered by investment analysts at Oppenheimer from $22.00 to $16.00 in a report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer’s price objective indicates a potential upside of 361.10% from the company’s previous close. Several other research firms have also recently issued reports on CATX. Truist Financial started coverage on shares of Perspective Therapeutics in a report on Wednesday, September 25th. They set a “buy” rating and a $21.00 price target for the company. Bank of America began coverage on Perspective Therapeutics in a report on Thursday, July 25th. They issued a “buy” rating and a $24.00 price target for the company. UBS Group initiated coverage on Perspective Therapeutics in a report on Thursday, October 24th. They set a “buy” rating and a $20.00 price objective on the stock. Royal Bank of Canada dropped their target price on Perspective Therapeutics from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, August 16th. Finally, Wedbush reissued an “outperform” rating and issued a $11.00 price target (down from $20.00) on shares of Perspective Therapeutics in a research note on Thursday. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $19.43. View Our Latest Stock Report on Perspective Therapeutics Perspective Therapeutics Trading Up 15.7 % Perspective Therapeutics ( NYSE:CATX – Get Free Report ) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.21) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.21). The company had revenue of $0.37 million during the quarter. Perspective Therapeutics had a negative return on equity of 27.40% and a negative net margin of 4,096.66%. Equities analysts anticipate that Perspective Therapeutics will post -0.86 EPS for the current fiscal year. Institutional Investors Weigh In On Perspective Therapeutics Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC purchased a new stake in shares of Perspective Therapeutics during the 1st quarter worth about $15,511,000. FMR LLC grew its stake in Perspective Therapeutics by 3,994.9% during the third quarter. FMR LLC now owns 5,504,822 shares of the company’s stock worth $73,489,000 after buying an additional 5,370,392 shares during the period. Vanguard Group Inc. increased its position in shares of Perspective Therapeutics by 34.6% in the first quarter. Vanguard Group Inc. now owns 17,780,106 shares of the company’s stock worth $21,158,000 after acquiring an additional 4,566,356 shares in the last quarter. Nicholson Wealth Management Group LLC acquired a new position in shares of Perspective Therapeutics during the 3rd quarter valued at $21,390,000. Finally, State Street Corp boosted its position in Perspective Therapeutics by 119.6% during the 3rd quarter. State Street Corp now owns 2,190,239 shares of the company’s stock worth $29,240,000 after purchasing an additional 1,192,812 shares during the period. 54.66% of the stock is currently owned by institutional investors and hedge funds. Perspective Therapeutics Company Profile ( Get Free Report ) Perspective Therapeutics, Inc, together with its subsidiaries, develops precision-targeted alpha therapies (TAT) for oncology that treats cancer patients across multiple tumor types comprising metastatic disease. The company discovers, designs, and develop its initial programs candidates consists of VMT-a-NET, that is currently in Phase 1/2a clinical trials for patients with unresectable or metastatic somatostatin receptor type 2 (SSTR2) expressing tumors that have not previously received peptide-targeted radiopharmaceutical therapy, such as Lutathera, a beta-emitting therapy; and VMT01, which is currently in Phase 1/2a clinical trials for second-line or later treatment of patients with progressive melanocortin 1 receptor (MC1R) positive metastatic melanoma. See Also Receive News & Ratings for Perspective Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perspective Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .RMAFC Calls for Increased Domestic Revenue Mobilisation to Boost Development
AngloGold Ashanti plc ( NYSE:AU – Get Free Report ) has earned a consensus rating of “Hold” from the five ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $33.67. AU has been the subject of several recent research reports. StockNews.com downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. BMO Capital Markets upped their price objective on AngloGold Ashanti from $28.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Scotiabank raised AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 price objective for the company in a research note on Thursday. JPMorgan Chase & Co. upped their price objective on AngloGold Ashanti from $32.00 to $37.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Finally, Investec raised AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Read Our Latest Stock Report on AngloGold Ashanti Institutional Trading of AngloGold Ashanti AngloGold Ashanti Stock Up 3.0 % Shares of NYSE AU opened at $25.95 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 1.19 and a debt-to-equity ratio of 0.48. The company has a market cap of $10.89 billion, a price-to-earnings ratio of 8.11 and a beta of 0.96. AngloGold Ashanti has a 12 month low of $15.80 and a 12 month high of $32.57. The stock has a 50-day moving average price of $27.31 and a two-hundred day moving average price of $26.99. About AngloGold Ashanti ( Get Free Report AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. Featured Stories Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter .Prosecutor moves to drop federal cases against Trump
JPMorgan Chase & Co. grew its position in Eagle Materials Inc. ( NYSE:EXP – Free Report ) by 60.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,735,133 shares of the construction company’s stock after purchasing an additional 652,836 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.05% of Eagle Materials worth $499,111,000 at the end of the most recent reporting period. Other institutional investors have also modified their holdings of the company. CIBC Asset Management Inc raised its stake in Eagle Materials by 3.7% in the third quarter. CIBC Asset Management Inc now owns 1,032 shares of the construction company’s stock valued at $297,000 after buying an additional 37 shares in the last quarter. Coldstream Capital Management Inc. raised its position in shares of Eagle Materials by 1.4% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,981 shares of the construction company’s stock worth $858,000 after acquiring an additional 41 shares in the last quarter. Financial Strategies Group Inc. lifted its stake in Eagle Materials by 4.4% during the third quarter. Financial Strategies Group Inc. now owns 1,022 shares of the construction company’s stock worth $304,000 after purchasing an additional 43 shares during the last quarter. Arizona State Retirement System boosted its holdings in Eagle Materials by 0.6% in the second quarter. Arizona State Retirement System now owns 9,644 shares of the construction company’s stock valued at $2,097,000 after purchasing an additional 56 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in Eagle Materials by 1.5% in the third quarter. National Bank of Canada FI now owns 3,872 shares of the construction company’s stock valued at $1,114,000 after purchasing an additional 57 shares in the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes EXP has been the topic of a number of research analyst reports. Jefferies Financial Group cut shares of Eagle Materials from a “buy” rating to a “hold” rating and cut their price objective for the stock from $330.00 to $310.00 in a report on Monday, December 16th. JPMorgan Chase & Co. boosted their price target on shares of Eagle Materials from $290.00 to $310.00 and gave the company a “neutral” rating in a research report on Wednesday, November 27th. Truist Financial upped their price objective on shares of Eagle Materials from $320.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, November 4th. The Goldman Sachs Group lifted their target price on Eagle Materials from $277.00 to $317.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Loop Capital cut Eagle Materials from a “buy” rating to a “hold” rating and set a $315.00 target price for the company. in a research report on Monday, November 25th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Eagle Materials currently has an average rating of “Moderate Buy” and a consensus target price of $304.89. Eagle Materials Stock Down 1.0 % Eagle Materials stock opened at $249.43 on Friday. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 17.62 and a beta of 1.33. The company has a current ratio of 2.34, a quick ratio of 1.14 and a debt-to-equity ratio of 0.74. The stock has a 50 day moving average of $289.03 and a two-hundred day moving average of $265.02. Eagle Materials Inc. has a twelve month low of $195.93 and a twelve month high of $321.93. Eagle Materials ( NYSE:EXP – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 29th. The construction company reported $4.31 earnings per share for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.44). Eagle Materials had a net margin of 21.32% and a return on equity of 35.79%. The firm had revenue of $623.62 million during the quarter, compared to analysts’ expectations of $651.46 million. During the same quarter last year, the business earned $4.28 earnings per share. The business’s quarterly revenue was up .2% on a year-over-year basis. As a group, research analysts expect that Eagle Materials Inc. will post 15.24 earnings per share for the current year. Eagle Materials Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Monday, December 16th will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.40%. Eagle Materials’s payout ratio is currently 7.06%. Insider Buying and Selling at Eagle Materials In related news, Director Richard Ross Stewart sold 3,577 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $300.30, for a total value of $1,074,173.10. Following the completion of the sale, the director now owns 1,100 shares in the company, valued at $330,330. This trade represents a 76.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, SVP Tony Thompson sold 1,401 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $314.00, for a total transaction of $439,914.00. Following the completion of the transaction, the senior vice president now directly owns 13,212 shares of the company’s stock, valued at approximately $4,148,568. This trade represents a 9.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 16,866 shares of company stock valued at $5,205,311. 1.60% of the stock is owned by corporate insiders. Eagle Materials Profile ( Free Report ) Eagle Materials Inc, through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States. It operates in four segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement, including Portland limestone cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures, as well as well as containerboard and lightweight packaging grades; manufacture and sale of recycled paperboard to the gypsum wallboard industry and other paperboard converters; the sale of readymix concrete; and mining and sale of aggregates, such as crushed stone, sand, and gravel. Featured Stories Want to see what other hedge funds are holding EXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eagle Materials Inc. ( NYSE:EXP – Free Report ). Receive News & Ratings for Eagle Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Materials and related companies with MarketBeat.com's FREE daily email newsletter .Artificial intelligence. Abortion. Guns. Marijuana. Minimum wages. Name a hot topic, and chances are good there's a new law about it taking effect in 2025 in one state or another. Many of the laws launching in January are a result of legislation passed this year. Others stem from ballot measures approved by voters. Some face legal challenges. Here's a look at some of the most notable state laws taking effect: FILE - Director of Photography Jac Cheairs and his son, actor Wyatt Cheairs, 11, take part in a rally by striking writers and actors outside Netflix studio in Los Angeles on Friday, July 14, 2023. (AP Photo/Chris Pizzello, File) Chris Pizzello Hollywood stars and child influencers California, home to Hollywood and some of the largest technology companies, is seeking to rein in the artificial intelligence industry and put some parameters around social media stars. New laws seek to prevent the use of digital replicas of Hollywood actors and performers without permission and allow the estates of dead performers to sue over unauthorized AI use. People are also reading... Parents who profit from social media posts featuring their children will be required to set aside some earnings for their young influencers. A new law also allows children to sue their parents for failing to do so. FILE - In advance of Instagram CEO Adam Mosseri's Congressional testimony, to illustrate the harms children face on social media, parent activists brought an "Instagrinch" to the Capitol building in Washington, Dec. 7, 2021. (Eric Kayne/AP Images for ParentsTogether, File) Eric Kayne Social media limits New social media restrictions in several states face court challenges. A Florida law bans children under 14 from having social media accounts and requires parental consent for ages 14 and 15. But enforcement is being delayed because of a lawsuit filed by two associations for online companies, with a hearing scheduled for late February. A new Tennessee law also requires parental consent for minors to open accounts on social media. NetChoice, an industry group for online businesses, is challenging the law. Another new state law requires porn websites to verify that visitors are at least 18 years old. But the Free Speech Coalition, a trade association for the adult entertainment industry, has filed a challenge. Several new California measures aimed at combating political deepfakes are also being challenged, including one requiring large social media platforms to remove deceptive content related to elections and another allowing any individual to sue for damages over the use of AI to create fabricated images or videos in political ads. FILE - Parents, students, and staff of Chino Valley Unified School District hold up signs in favor of protecting LGBTQ+ policies at Don Antonio Lugo High School, in Chino, Calif., June 15, 2023. (Anjali Sharif-Paul/The Orange County Register via AP, File) Anjali Sharif-Paul School rules on gender In a first nationally, California will start enforcing a law prohibiting school districts from adopting policies that require staff to notify parents if their children change their gender identification. The law was a priority for Democratic lawmakers who wanted to halt such policies passed by several districts. FILE - Christian F. Nunes, president of National Organization for Women speaks as abortion rights activists and Women's March leaders protest as part of a national day of strike actions outside the Supreme Court, Monday, June 24, 2024, in Washington. (AP Photo/Mark Schiefelbein, File) Mark Schiefelbein Abortion coverage Many states have passed laws limiting or protecting abortion rights since the U.S. Supreme Court overturned a nationwide right to the procedure in 2022. One of the latest is the Democratic-led state of Delaware. A law there will require the state employee health plan and Medicaid plans for lower-income residents to cover abortions with no deductible, copayments or other cost-sharing requirements. FILE - Gov. Tim Walz speaks before a crowd gathered for a rally on the steps of the state Capitol in St. Paul, Minn., Wednesday evening, Aug. 7, 2019. Lt. Gov. Peggy Flanagan, center left, and his wife Gwen Walz, center right, stand by him. (Jeff Wheeler/Star Tribune via AP, File) Jeff Wheeler Gun control A new Minnesota law prohibits guns with "binary triggers" that allow for more rapid fire, causing a weapon to fire one round when the trigger is pulled and another when it is released. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts In Delaware, a law adds colleges and universities to a list of school zones where guns are prohibited, with exceptions for those working in their official capacity such as law officers and commissioned security guards. Medical marijuana Kentucky is becoming the latest state to let people use marijuana for medical purposes. To apply for a state medical cannabis card, people must get written certification from a medical provider of a qualifying condition, such as cancer, multiple sclerosis, chronic pain, epilepsy, chronic nausea or post-traumatic stress disorder. Nearly four-fifths of U.S. states have now legalized medical marijuana. Minimum wages Minimum wage workers in more than 20 states are due to receive raises in January. The highest minimum wages will be in Washington, California and Connecticut, all of which will top $16 an hour after modest increases. The largest increases are scheduled in Delaware, where the minimum wage will rise by $1.75 to $15 an hour, and in Nebraska, where a ballot measure approved by voters in 2022 will add $1.50 to the current minimum of $12 an hour. Twenty other states still follow the federal minimum wage of $7.25 an hour. FILE - A man talks on his cell phone while driving in Los Angeles, Monday June 30, 2008. (AP Photo/Kevork Djansezian, File) Kevork Djansezian Safer traveling In Oregon, using drugs on public transit will be considered a misdemeanor crime of interfering with public transportation. While the measure worked its way through the legislature, multiple transportation officials said drug use on buses and trains, and at transit stops and stations, was making passengers and drivers feel less safe. In Missouri, law enforcement officers have spent the past 16 months issuing warnings to motorists that handheld cellphone use is illegal. Starting with the new year, penalties will kick in: a $150 fine for the first violation, progressing to $500 for third and subsequent offenses and up to 15 years imprisonment if a driver using a cellphone cause an injury or death. But police must notice a primary violation, such as speeding or weaving across lanes, to cite motorists for violating the cellphone law. Montana is the only state that hasn't banned texting while driving, according to the National Conference of State Legislatures. FILE - Surrounded by members of the legislature and signs touting saving families money, Kansas Gov. Laura Kelly announces her 'Axe the Food Tax' campaign at Dillons grocery store in Topeka, Kan., Monday, Nov. 8, 2021 by holding an axe. (Evert Nelson/The Capital-Journal via AP, File) Evert Nelson Tax breaks Tenants in Arizona will no longer have to pay tax on their monthly rent, thanks to the repeal of a law that had allowed cities and towns to impose such taxes. While a victory for renters, the new law is a financial loss for governments. An analysis by Arizona's nonpartisan Joint Legislative Budget Committee estimated that $230 million would be lost in municipal tax revenue during the first full fiscal year of implementation. Meanwhile Alabama will offer tax credits to businesses that help employees with child care costs. Kansas is eliminating its 2% sales tax on groceries. It also is cutting individual income taxes by dropping the top tax rate, increasing a credit for child care expenses and exempting all Social Security income from taxes, among other things. Taxpayers are expected to save about $320 million a year going forward. FILE - Election board inspector Pat Cook readies "I Voted" stickers for voters during early voting in Oklahoma City, Friday, Oct. 29, 2010. (AP Photo/Sue Ogrocki, File) Sue Ogrocki Voting rights An Oklahoma law expands voting privileges to people who have been convicted of felonies but had their sentences discharged or commuted, including commutations for crimes that have been reclassified from felonies to misdemeanors. Former state Sen. George Young, an Oklahoma City Democrat, carried the bill in the Senate. "I think it's very important that people who have gone through trials and tribulations in their life, that we have a system that brings them back and allows them to participate as contributing citizens," Young said. Associated Press writers Trân Nguyễn in Sacramento, California; Kate Payne in Tallahassee, Florida; Jonathan Mattise in Nashville, Tennessee; Randall Chase in Dover, Delaware; Steve Karnowski in Minneapolis; Bruce Schreiner in Frankfort, Kentucky; Claire Rush in Portland, Oregon; Summer Ballentine in Jefferson City, Missouri; Gabriel Sandoval in Phoenix; Kim Chandler in Montgomery, Alabama; John Hanna in Topeka, Kansas; and Sean Murphy in Oklahoma City contributed. PHOTOS: The top images from the 2024 elections Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret Service agents at a campaign rally, Saturday, July 13, 2024, in Butler, Pa. (AP Photo/Evan Vucci) Evan Vucci President Joe Biden walks to the Oval Office after attending the House Democratic Caucus Issues Conference, Thursday, Feb. 8, 2024, in Washington. (AP Photo/Evan Vucci) Evan Vucci Democratic presidential nominee Vice President Kamala Harris and running mate Minnesota Gov. Tim Walz arrive during a campaign rally at Desert Diamond Arena, Friday, Aug. 9, 2024, in Glendale, Ariz. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson A delegate looks at her phone during the Republican National Convention Wednesday, July 17, 2024, in Milwaukee. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Jocardo Ralston, 47, from Pennsylvania, looks up to a television to watch the presidential debate between President Joe Biden and Republican presidential candidate former President Donald Trump at Tillie's Lounge on Thursday, June 27, 2024, in Cincinnati. (AP Photo/Carolyn Kaster) Carolyn Kaster Supporters of Republican presidential candidate former President Donald Trump look on as a bus carrying Democratic presidential nominee Vice President Kamala Harris passes by following a campaign event, Sunday, Aug. 18, 2024, in Rochester, Pa. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Attendees look on at a campaign rally for Democratic presidential nominee Vice President Kamala Harris, Friday, Oct. 25, 2024, in Houston. (AP Photo/Annie Mulligan) Annie Mulligan Democratic presidential nominee Vice President Kamala Harris arrives to speak on the final day of the Democratic National Convention, Thursday, Aug. 22, 2024, in Chicago. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Republican presidential candidate former President Donald Trump gestures as he arrives at the Republican National Convention Wednesday, July 17, 2024, in Milwaukee. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Republican presidential nominee former President Donald Trump speaks at a campaign rally at PPG Paints Arena, Monday, Nov. 4, 2024, in Pittsburgh, Pa. (AP Photo/Evan Vucci) Evan Vucci Democratic presidential nominee Vice President Kamala Harris, left, and former first lady Michelle Obama arrive to speak during a campaign rally, Saturday, Oct. 26, 2024 at the Wings Event Center in Kalamazoo, Mich. (AP Photo/Jacquelyn Martin) Jacquelyn Martin A supporter greets Republican presidential nominee former President Donald Trump after a campaign event at the Cobb Energy Performing Arts Centre, Tuesday, Oct. 15, 2024, in Atlanta. (AP Photo/Alex Brandon) Alex Brandon A political advertisement for Democratic presidential nominee Vice President Kamala Harris is displayed on the Sphere, Monday, Nov. 4, 2024, in Las Vegas. (AP Photo/John Locher) John Locher Democratic presidential nominee Vice President Kamala Harris walks toward reporters to speak before boarding Air Force Two, as she departs Las Vegas from Harry Reid International Airport, Thursday, Oct. 10, 2024, en route to Arizona. (AP Photo/Jacquelyn Martin) Jacquelyn Martin A voter works on her ballot at a polling place at the Ronald Reagan Presidential Library on Election Day, Tuesday, Nov. 5, 2024, in Simi Valley, Calif. (AP Photo/Chris Pizzello) Chris Pizzello Former President Donald Trump waits for the start of proceedings in Manhattan criminal court, Tuesday, April 23, 2024, in New York. Before testimony resumes Tuesday, the judge will hold a hearing on prosecutors' request to sanction and fine Trump over social media posts they say violate a gag order prohibiting him from attacking key witnesses. (AP Photo/Yuki Iwamura, Pool) Yuki Iwamura Republican presidential nominee former President Donald Trump dances after speaking at a campaign event Tuesday, Sept. 24, 2024, in Savannah, Ga. (AP Photo/John Bazemore) John Bazemore Democratic presidential nominee Vice President Kamala Harris looks at a monitor of the event from backstage, just before taking the stage for her final campaign rally, Monday, Nov. 4, 2024, in Philadelphia. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Republican presidential nominee former President Donald Trump is prayed over with Pastor Paula White during the National Faith Summit at Worship With Wonders Church, Monday, Oct. 28, 2024, in Powder Springs, Ga. (AP Photo/Brynn Anderson) Brynn Anderson Forgiato Blow wears a necklace with a likeness of former President Donald Trump before Republican presidential nominee former President Donald Trump speaks at a campaign event at the Cobb Energy Performing Arts Centre, Tuesday, Oct. 15, 2024, in Atlanta. (AP Photo/Alex Brandon) Alex Brandon Elon Musk jumps on the stage as Republican presidential nominee former President Donald Trump speaks at a campaign rally at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. (AP Photo/Evan Vucci) Evan Vucci Voters stand in line outside a polling place at Madison Church, Tuesday, Nov. 5, 2024, in Phoenix, Ariz. (AP Photo/Matt York) Matt York Democratic presidential nominee Vice President Kamala Harris hugs President Biden during the Democratic National Convention Monday, Aug. 19, 2024, in Chicago. (AP Photo/Charles Rex Arbogast) Charles Rex Arbogast Republican presidential nominee former President Donald Trump speaks during a campaign rally at Lee's Family Forum, Thursday, Oct. 31, 2024, in Henderson, Nev. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Republican presidential nominee former President Donald Trump is reflected in the bullet proof glass as he finishes speaking at a campaign rally in Lititz, Pa., Sunday, Nov. 3, 2024. (AP Photo/Matt Rourke) Matt Rourke Democratic presidential nominee Vice President Kamala Harris, bottom center, greets supporters after speaking during a campaign rally Saturday, Oct. 26, 2024 at the Wings Event Center in Kalamazoo, Mich. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Democratic presidential nominee Vice President Kamala Harris speaks during a campaign rally outside the Philadelphia Museum of Art, Monday, Nov. 4, 2024, in Philadelphia. (AP Photo/Matt Slocum) Matt Slocum A young girl holds a "Black Voters for Harris-Walz" sign outside of Democratic presidential nominee Vice President Kamala Harris' election night watch party at Howard University, Tuesday, Nov. 5, 2024, in Washington. (AP Photo/Terrance Williams) Terrance Williams Democratic presidential nominee Vice President Kamala Harris, left, shares a laugh with second gentleman Doug Emhoff, after reuniting in Pittsburgh, Monday, Nov. 4, 2024, aboard Air Force Two, just before taking off from Pittsburgh for her final campaign rally in Philadelphia. (AP Photo/Jacquelyn Martin, Pool) Jacquelyn Martin With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech after the 2024 presidential election, Wednesday, Nov. 6, 2024, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Bikers show their support for President-elect Donald Trump while riding on I-84, Wednesday, Nov. 6, 2024, near Lords Valley, Pa. (AP Photo/Robert F. Bukaty) Robert F. Bukaty Republican presidential nominee former President Donald Trump stands on stage with steelworkers as he speaks during a campaign rally at Arnold Palmer Regional Airport, Saturday, Oct. 19, 2024, in Latrobe, Pa. (AP Photo/Evan Vucci) Evan Vucci Supporters cheer as Republican presidential nominee former President Donald Trump speaks during a campaign event, Sunday, Sept. 29, 2024, in Erie, Pa. (AP Photo/Matt Rourke) Matt Rourke Democratic presidential nominee Vice President Kamala Harris appears on NBC's "Saturday Night Live," with Maya Rudolph, Saturday, Nov. 2, 2024 in New York. (AP Photo/Jacquelyn Martin) Jacquelyn Martin A delegate wearing a small American flag on his ear watches as Republican presidential candidate and former president, Donald Trump, speaks during the final day of the Republican National Convention Thursday, July 18, 2024, in Milwaukee. (AP Photo/Paul Sancya) Paul Sancya Democratic presidential nominee Vice President Kamala Harris hugs a child after speaking during a campaign event at Washington Crossing Historic Park, in Washington Crossing, Pa., Wednesday, Oct. 16, 2024. (AP Photo/Jacquelyn Martin) Jacquelyn Martin President Joe Biden pauses before he addresses the nation from the Oval Office of the White House in Washington, Wednesday, July 24, 2024, about his decision to drop his Democratic presidential reelection bid. (AP Photo/Evan Vucci, Pool) Evan Vucci Republican presidential nominee former President Donald Trump departs after speaking at a campaign event at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon) Alex Brandon A voter watches the stage before former first lady Michelle Obama speaks at campaign rally in support of Democratic presidential nominee Vice President Kamala Harris, Tuesday, Oct. 29, 2024, in College Park, Ga. (AP Photo/Brynn Anderson) Brynn Anderson Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris shake hands before the start of an ABC News presidential debate at the National Constitution Center, Tuesday, Sept. 10, 2024, in Philadelphia. (AP Photo/Alex Brandon) Alex Brandon Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Get Government & Politics updates in your inbox!None
No magic wand to solve issues instantly, let’s unite for country: FinMin AurangzebAlbury councillor Kylie King will soon no longer jointly host radio 2AY's breakfast show. or signup to continue reading Station owner Ace Radio has decided not to renew King's contract beyond December 20, which means will be the solo announcer in 2025 for the program, which is also broadcast on Wangaratta's 3NE. Company chief executive Mark Taylor cited the business environment, with media companies under pressure from online giants and advertising tight, as the reason for the decision. "It's purely economic that we're pulling down to a one-person breakfast show," Mr Taylor said. "It's an amicable departure. "Kylie has been a contractor, she hasn't been an employee and I'm sure we'll do work with Kylie again in the future." Mr Taylor said it "absolutely" was a hard decision, having known King since they worked together in Gippsland radio decades ago. "We're not one of those companies that take these things lightly or do it on the spot, that's why Kylie was told some weeks ago and she's working up to the Christmas period," he said. "I'm sure in the future there will be a place for her in our sports coverage but right now we need to tighten the belt." She teamed up with and they then went on to become councillors and and Wodonga, respectively, while on-air. "I'm disappointed and quite sad," King said. "It's been a wonderful opportunity to connect with the audience for six years. "To have so many loyal listeners choosing to spend their mornings with Kev Poulton and I and now Matt Griffith has been a privilege that's not lost on me. "The COVID lockdowns, when I was broadcasting from home while Kev was in the studio remain a powerful memory of the importance of those local connections and telling and sharing the stories of our community. "With a background in journalism I have always been interesting in unearthing stories and talking to people from diverse backgrounds from politicians to sports people, community members, volunteers and listeners. "I thank the management of 2AY for the opportunity over these past six years - it's been a blast." Radio 2AY station manager Andrew Harrison lauded King's ability to balance on-air duties with mayoral duties from 2022 to September this year. "She's just such a professional performer, particularly having a role as mayor as well as broadcaster, which was not an easy thing, but she did it with professionalism and grace," Mr Harrison said. Mr Taylor said the exit of King was "definitely not" a prelude to a networked breakfast show. In 2020, DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement
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WASHINGTON (AP) — Special counsel Jack Smith moved to abandon two criminal cases against Donald Trump on Monday, acknowledging that Trump’s return to the White House will preclude attempts to federally prosecute him for retaining classified documents or trying to overturn his 2020 election defeat. The decision was inevitable, since longstanding Justice Department policy says sitting presidents cannot face criminal prosecution. Yet it was still a momentous finale to an unprecedented chapter in political and law enforcement history, as federal officials attempted to hold accountable a former president while he was simultaneously running for another term. Trump emerges indisputably victorious, having successfully delayed the investigations through legal maneuvers and then winning re-election despite indictments that described his actions as a threat to the country's constitutional foundations. “I persevered, against all odds, and WON," Trump exulted in a post on Truth Social, his social media website. He also said that “these cases, like all of the other cases I have been forced to go through, are empty and lawless, and should never have been brought.” The outcome makes it clear that, when it comes to a president and criminal accusations, nothing supersedes the voters' own verdict. In court filings, Smith's team emphasized that the move to end their prosecutions was not a reflection of the merit of the cases but a recognition of the legal shield that surrounds any commander in chief. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” prosecutors said in one of their filings. They wrote that Trump’s return to the White House “sets at odds two fundamental and compelling national interests: on the one hand, the Constitution’s requirement that the President must not be unduly encumbered in fulfilling his weighty responsibilities . . . and on the other hand, the Nation’s commitment to the rule of law.” In this situation, “the Constitution requires that this case be dismissed before the defendant is inaugurated,” they concluded. Smith’s team said it was leaving intact charges against two co-defendants in the classified documents case — Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira — because “no principle of temporary immunity applies to them.” Steven Cheung, Trump's incoming White House communications director, said Americans “want an immediate end to the political weaponization of our justice system and we look forward to uniting our country.” Trump has long described the investigations as politically motivated, and he has vowed to fire Smith as soon as he takes office in January. Now he will start his second term free from criminal scrutiny by the government that he will lead. The election case brought last year was once seen as one of the most serious legal threats facing Trump as he tried to reclaim the White House. He was indicted for plotting to overturn his defeat to Joe Biden in 2020, an effort that climaxed with his supporters' violent attack on the U.S. Capitol on Jan. 6, 2021. But the case quickly stalled amid legal fighting over Trump’s sweeping claims of immunity from prosecution for acts he took while in the White House. The U.S. Supreme Court in July ruled for the first time that former presidents have broad immunity from prosecution, and sent the case back to U.S. District Judge Tanya Chutkan to determine which allegations in the indictment, if any, could proceed to trial. The case was just beginning to pick up steam again in the trial court in the weeks leading up to this year’s election. Smith’s team in October filed a lengthy brief laying out new evidence they planned to use against him at trial, accusing him of “resorting to crimes” in an increasingly desperate effort to overturn the will of voters after he lost to Biden. In asking for the election case to be dismissed, prosecutors requested that Chutkan do it “without prejudice,” raising the possibility that they could try to bring charges against Trump again after he leaves office. But such a move may be barred by the statute of limitations, and Trump may also try to pardon himself while in office. The separate case involving classified documents had been widely seen as legally clear cut, especially because the conduct in question occurred after Trump left the White House and lost the powers of the presidency. The indictment included dozens of felony counts accusing him of illegally hoarding classified records from his presidency at his Mar-a-Lago estate in Palm Beach, Florida, and obstructing federal efforts to get them back. He has pleaded not guilty and denied wrongdoing. The case quickly became snarled by delays, with U.S. District Judge Aileen Cannon slow to issue rulings — which favored Trump’s strategy of pushing off deadlines in all his criminal cases — while also entertaining defense motions and arguments that experts said other judges would have dispensed with without hearings. In May, she indefinitely canceled the trial date amid a series of unresolved legal issues before dismissing the case outright two months later. Smith’s team appealed the decision, but now has given up that effort. Trump faced two other state prosecutions while running for president. One them, a New York case involving hush money payments, resulted in a conviction on felony charges of falsifying business records. It was the first time a former president had been found guilty of a crime. The sentencing in that case is on hold as Trump's lawyers try to have the conviction dismissed before he takes office, arguing that letting the verdict stand will interfere with his presidential transition and duties. Manhattan District Attorney Alvin Bragg's office is fighting the dismissal but has indicated that it would be open to delaying sentencing until Trump leaves office. Bragg, a Democrat, has said the solution needs to balance the obligations of the presidency with “the sanctity of the jury verdict." Trump was also indicted in Georgia along with 18 others accused of participating in a sprawling scheme to illegally overturn the 2020 presidential election there. Any trial appears unlikely there while Trump holds office. The prosecution already was on hold after an appeals court agreed to review whether to remove Fulton County District Attorney Fani Willis over her romantic relationship with the special prosecutor she had hired to lead the case. Four defendants have pleaded guilty after reaching deals with prosecutors. Trump and the others have pleaded not guilty. Associated Press writers Colleen Long, Michael Sisak and Lindsay Whitehurst contributed to this story.
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