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ENGLEWOOD, Colo. — John Elway says any remorse over bypassing Josh Allen in the 2018 NFL draft is quickly dissipating with rookie Bo Nix's rapid rise, suggesting the Denver Broncos have finally found their next franchise quarterback. Elway said Nix, the sixth passer selected in April's draft, is an ideal fit in Denver with coach Sean Payton navigating his transition to the pros and Vance Joseph's defense serving as a pressure release valve for the former Oregon QB. "We've seen the progression of Bo in continuing to get better and better each week and Sean giving him more each week and trusting him more and more to where last week we saw his best game of the year," Elway said in a nod to Nix's first game with 300 yards and four touchdown throws in a rout of Atlanta. For that performance, Nix earned his second straight NFL Rookie of the Week honor along with the AFC Offensive Player of the Week award. "I think the sky's the limit," Elway said, "and that's just going to continue to get better and better." In a wide-ranging interview with The Associated Press, Elway also touted former coach Mike Shanahan's Hall of Fame credentials, spoke about the future of University of Colorado star and Heisman favorite Travis Hunter and discussed his ongoing bout with a chronic hand condition. Elway spent the last half of his decade as the Broncos' GM in a futile search for a worthy successor to Peyton Manning, a pursuit that continued as he transitioned into a two-year consultant role that ended after the 2022 season. "You have all these young quarterbacks and you look at the ones that make it and the ones that don't and it's so important to have the right system and a coach that really knows how to tutelage quarterbacks, and Sean's really good at that," Elway said. "I think the combination of Bo's maturity, having started 61 games in college, his athletic ability and his knowledge of the game has been such a tremendous help for him,'" Elway added. "But also Vance Joseph's done a heck of a job on the defensive side to where all that pressure's not being put on Bo and the offense to score all the time." Payton and his staff have methodically expanded Nix's repertoire and incorporated his speed into their blueprints. Elway lauded them for "what they're doing offensively and how they're breaking Bo into the NFL because it's a huge jump and I think patience is something that goes a long way in the NFL when it comes down to quarterbacks." Elway said he hopes to sit down with Nix at some point when things slow down for the rookie. Nix, whose six wins are one more than Elway had as a rookie, said he looks forward to meeting the man who won two Super Bowls during his Hall of Fame playing career and another from the front office. "He's a legend not only here for this organization, but for the entire NFL," Nix said, adding, "most guys, they would love to have a chat with John Elway, just pick his brain. It's just awesome that I'm even in that situation." Orange Crush linebacker Randy Gradishar joined Elway in the Pro Football Hall of Fame this year, something Elway called "way, way overdue." Elway suggested it's also long past time for the Hall to honor Shanahan, who won back-to-back Super Bowls in Denver with Elway at QB and whose footprint you see every weekend in the NFL because of his expansive coaching tree. Elway called University of Colorado stars Travis Hunter and Shedeur Sanders "both great athletes." He said he really hopes Sanders gets drafted by a team that will bring him along like the Broncos have done with Nix, and he sees Hunter being able to play both ways in the pros — but not full time. Elway said he thinks Hunter will be primarily a corner in the NFL but with significant contributions on offense: "He's great at both. He's got great instincts, and that's what you need at corner." It's been five years since Elway announced he was dealing with Dupuytren's contracture, a chronic condition that typically appears after age 40 and causes one or more fingers to permanently bend toward the palm. Elway's ring fingers on both hands were originally affected and he said now the middle finger on his right hand is starting to pull forward. So, he'll get another injection of a drug called Xiaflex, which is the only FDA-approved non-surgical treatment, one that he's endorsing in an awareness campaign for the chronic condition that affects 17 million Americans. The condition can make it difficult to do everyday tasks such as shaking hands or picking up a coffee mug. Elway said what bothered him most was "I couldn't pick up a football and I could not imagine not being able to put my hand around a football."This week, Minister of Racing Winston Peters announced the end of greyhound racing in the interests of animal welfare . Soon after, a law to criminalise killing of redundant racing dogs was passed under urgency in Parliament . The next day, the minister introduced the Racing Industry Amendment Bill to preserve the TAB's lucrative monopoly on sports betting which provides 90 percent of the racing industry's revenue. "Offshore operators are consolidating a significant market share of New Zealand betting - and the revenue which New Zealand's racing industry relies on is certainly not guaranteed," Peters told Parliament in support of the Bill. But offshore tech companies have also been pulling the revenue rug out from under local news media companies for years, and there has been no such speedy response to that. Digital platforms offer cheap and easy access to unlimited overseas content - and tech companies' dominance of the digital advertising systems and the resulting revenue is intensifying. Profits from online ads shown to New Zealanders go offshore - and very little tax is paid on the money made here by the likes of Google and Facebook. On Tuesday, Media Minister Paul Goldsmith did introduce legislation to repeal advertising restrictions for broadcasters on Sundays and public holidays. "As the government we must ensure regulatory settings are enabling the best chance of success," he said in a statement. The media have been crying out for this low-hanging fruit for years - but the estimated $6 million boost is a drop in the bucket for broadcasters, and little help for other media. The big bucks are in tech platforms paying for the local news they carry. Squeezing the tech titans In Australia, the government did it three years ago with a bargaining code that is funnelling significant sums to news media there. It also signalled the willingness of successive governments to confront the market dominance of 'big tech'. When Goldsmith took over here in May he said the media industry's problems were both urgent and acute - likewise the need to "level the playing field". The government then picked up the former government's Fair Digital News Bargaining Bill, modelled on Australia's move. But it languishes low down on Parliament's order paper, following threats from Google to cut news out of its platforms in New Zealand - or even cut and run from New Zealand altogether. Six years after his Labour predecessor Kris Faafoi first pledged to follow in Australia's footsteps in support of local media, Goldsmith said this week he now wants to wait and see how Australia's latest tough measures pan out . (The News Bargaining Incentive announced on Thursday could allow the Australian government to tax big digital platforms if they do not pay local news publishers there) Meanwhile, news media cuts and closures here roll on. The lid keeps sinking in 2024 "I've worked in the industry for 30 years and never seen a year like it," RNZ's Guyon Espiner wrote in the Listener this week, admitting to "a sense of survivor's guilt." Just this month, 14 NZME local papers will close and more TVNZ news employees will be told they will lose jobs in what Espiner described as "destroy the village to save the village" strategy. Whakaata Māori announced 27 job losses earlier this month and the end of Te Ao Māori News every weekday on TV. Its te reo channel will go online-only. Digital start-ups with lower overheads than established news publishers and broadcasters are now struggling too. "The Spinoff had just celebrated its 10th birthday when a fiscal hole opened up. Staff numbers are being culled, projects put on ice and a mayday was sent out calling for donations to keep the site afloat ," Espiner also wrote in his bleak survey for the Listener . Spinoff founder Duncan Grieve has charted the economic erosion of the media all year at The Spinoff and on its weekly podcast The Fold . In a recent edition, he said he could not carry on "pretending things would be fine" and did not want The Spinoff to go down without giving people the chance to save it. "We get some (revenue) direct from our audience through members, some commercial revenue and we get funding for various New Zealand on Air projects typically," Greive told Mediawatch this week. "The members' bucket is pretty solid. The commercial bucket was going quite well, and then we just ran into a brick wall. There has been a real system-wide shock to commercial revenues." "But the thing that we didn't predict which caused us to have to publish that open letter was New Zealand on Air. We've been able to rely on getting one or two projects up, but we've missed out two rounds in a row. Maybe our projects ... weren't good enough, but it certainly had this immediate, near-existential challenge for us." Critics complained The Spinoff has had millions of dollars in public money in its first decade. "While the state is under no obligation to fund our work, it's hard to watch as other platforms continue to be heavily backed while your own funding stops dead," Greive said in the open letter. The open letter said Creative NZ funding had been halved this year, and the Public Interest Journalism Fund support for two of the Spinoff's team of 31 was due to run out next year. "I absolutely take on the chin the idea that we shouldn't be reliant on that funding. Once you experience something year after year, you do build your business around that ... for the coming year. When a hard-to-predict event like that comes along, you are in a situation where you have to scramble," Grieve told Mediawatch . "We shot a flare up that our audience has responded to. We're not out of the woods yet, but we're really pleased with the strength of support and an influx of members." Newshub shutdown A recent addition to the Spinoff's board - Glen Kyne - has already felt the force of the media's economic headwinds in 2024. He was the CEO of Warner Brothers Discovery NZ and oversaw the biggest and most comprehensive news closure of the year - the culling of the entire Newshub operation . "It was heart-wrenching because we had looked at and tried everything leading into that announcement. I go back to July 2022, when we started to see money coming out of the market and the cost of living crisis starting to appear," Kyne told Mediawatch this week. "We started taking steps immediately and were incredibly prudent with cost management. We would get to a point where we felt reasonably confident that we had a path, but the floor beneath our feet - in terms of the commercial market - kept falling. You're seeing this with TVNZ right now." Warner Brothers Discovery is a multinational player in broadcast media. Did they respond to requests for help? "They were empathetic. But Warner Brothers Discovery had lost 60-70 percent of its share price because of the issues around global media companies as well. They were very determined that we got the company to a position of profitability as quickly as we possibly could. But ultimately the economics were such that we had to make the decision." Smaller but sustainable in 2025? Or managed decline? Kyne did a deal with Stuff to supply a 6pm news bulletin to TV channel Three after the demise of Newshub in July. He is one of a handful of people who know the sums, but Stuff is certainly producing ThreeNews now with a fraction of the former budget for Newshub. Can media outlets settle on a shape that will be sustainable, but smaller - and carry on in 2025 and beyond? Or does Kyne fear media are merely managing decline if revenue continues to slump? "It's slightly terrifying because the downward pressures are going to continue into next year. Three created a sustainable model for the 6pm bulletin to continue. "Stuff is an enormous newsgathering organisation, so they were able to make it work and good luck to them. I can see that bulletin continuing to improve as the team get more experience." No news is really bad news If news can't be sustained at scale in commercial media companies even on reduced budgets, what then? Some are already pondering a 'post-journalism' future in which social media takes over as the memes of sharing news and information. How would that pan out? "We might be about to find out," Greive told Mediawatch . "Journalism doesn't have a monopoly on information, and there are all kinds of different institutions that now have channels. A lot of what is created ... has a factual basis. Whether it's a TikTok-er or a YouTuber, they are themselves consumers of news. "A lot of people are replacing a habit of reading the newspaper and listening to ZB or RNZ with a new habit - consuming social media. Some of it has a news-like quality but it doesn't have vetting of the information and membership of the Media Council ... as a way of restraining behaviour. "We've got a big question facing us as a society. Either news becomes this esoteric, elite habit that is either pay-walled or alternatively there's public media. If we [lose] freely-accessible, mass-audience channels, then we'll find out what democracy, the business sector, the cultural sector looks like without that. "In communities where there isn't a single journalist, a story can break or some someone can put something out ... and if there's no restraint on that and no check on it, things are going to happen. "In other countries, most notably Australia, they've recognised this looming problem, and there's a quite muscular and joined-up regulator and legislator to wrestle with the challenges that represents. And we're just not seeing that here." They are in Australia. In addition to the News Bargaining Code and the just-signalled News Bargaining Incentive, the Albanese government is banning social media for under-16s . Meta has responded to pressure to combat financial scam advertising on Facebook. Here, the media policy paralysis makes the government's ferries plan look decisive. What should it do in 2025? To-do in 2025 "There are fairly obvious things that could be done that are being done in other jurisdictions, even if it's as simple as having a system of fines and giving the Commerce Commission the power to sort of scrutinize large technology platforms," Greive told Mediawatch . "You've got this general sense of malaise over the country and a government that's looking for a narrative. It's shocking when you see Australia, where it's arguably the biggest political story - but here we're just doing nothing." Not quite. There was the holiday ad reform legislation this week. "Allowing broadcasting Christmas Day and Easter is a drop in the ocean that's not going to materially change the outcome for any company here," Kyne told Mediawatch . "The Fair Digital News Bargaining bill was conceived three years ago and the world has changed immeasurably. "You've seen Australia also put some really thoughtful white papers together on media regulation that really does bring a level of equality between the global platforms and the local media and to have them regulated under common legislation - a bit like an Ofcom operates in the UK, where both publishers and platforms, together are overseen and managed accordingly. "That's the type of thing we're desperate for in New Zealand. If we don't get reform over the next couple of years you are going to see more community newspapers or radio stations or other things no longer able to operate." Grieve was one of the media execs who pushed for Commerce Commission approval for media to bargain collectively with Google and Meta for news payments. Backing the Bill - or starting again? Local media executives, including Grieve, recently met behind closed doors to re-assess their strategy. "Some major industry participants are still quite gung-ho with the legislation and think that Google is bluffing when it says that it will turn news off and break its agreements. And then you've got another group that think that they're not bluffing, and that events have since overtaken [the legislation]," he said. "The technology platforms have products that are always in motion. What they're essentially saying - particularly to smaller countries like New Zealand - is: 'You don't really get to make laws. We decide what can and can't be done'. And that's quite a confronting thing for legislators. It takes quite a backbone and quite a lot of confidence to sort of stand up to that kind of pressure." The government just appointed a minister of rail to take charge of the current Cook Strait ferry crisis. Do we need a minister of social media or tech to take charge of policy on this part of the country's infrastructure? "We've had successive governments that want to be open to technology, and high growth businesses starting here. But so much of the internet is controlled by a small handful of platforms that can have an anti-competitive relationship with innovation in any kind of business that seeks to build on land that they consider theirs," Greive said. "A lot of what's happened in Australia has come because the ACCC, their version of the Commerce Commission, has got a a unit which scrutinises digital platforms in much the same way that we do with telecommunications, the energy market and so on. Here there is just no one really paying attention. And as a result, we're getting radically different products than they do in Australia." Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.gstar28 login 。

Dallas Cowboys quarterback Dak Prescott recently and wholeheartedly endorsed head coach Mike McCarthy, whose future is uncertain as he guides his 5-7 team in the final year of his contract. When asked about Prescott's remarks on 105.3 The Fan , Cowboys executive vice president Stephen Jones said the "whole team" endorses McCarthy, mentioning his resume (which includes a Super Bowl XLV win) and saying that he "knows what it takes to win in this league." McCarthy is in his fifth year as the Cowboys' head coach. He's led the team to the playoffs after 12-win campaigns each of the past three seasons, but that's only resulted in one postseason victory and zero NFC Championship Game appearances. This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .Opinion The US Justice Department's proposed remedies to address Google's monopoly control of the search services and search text advertising markets should be reconsidered in light of the broader problems with technology platforms. The floated fixes should also be evaluated for how they will affect other aspects of Google's business that face unresolved legal challenges, like the government's ad tech antitrust case. Something needs to be done to rein in Google's unlawful behavior , but the fixes proposed by the Justice Department will create collateral damage while leaving competitors, alleged monopolists among them, free to continue engaging in similar self-serving behavior. The DOJ has proposed [PDF]: disallowing exclusionary contracts, such as those that make Google Search the default in Apple's Safari, so rivals won't be frozen out; forcing Google to sell off its Chrome browser and preventing investments in rival search-ad-AI tech as a way to kill competition; requiring Google to make its search index available to rivals at nominal cost; and providing advertisers with more visibility into Google's data. Android divestiture is also a possible ask, if self-preferencing mechanisms designed to prevent Google from favoring its search and text ads services fall short. But if the Justice Department gets its way years from now, once Google has exhausted its appeals, it won't just be Google that pays the price. That's evident from the statement issued by Mozilla, which warned that a blanket prohibition on search agreements – like the one Mozilla has with Google to make Google Search the default in Firefox – "will negatively impact independent browsers like Firefox and have knock-on effects for an open and accessible internet." If Chrome were to be sold to a private equity group, it is highly likely they would prioritize cost-cutting measures Alex Moore, executive director of Open Web Advocacy, told The Register , "The primary concern of OWA is that the vast majority of research and development supporting the web platform currently takes place within the Chromium project, driven predominantly by Google engineers. "If Chrome were to be sold to a private equity group, it is highly likely they would prioritize cost-cutting measures. This could significantly hinder the future development of the web platform, creating a ripple effect that ultimately strengthens Apple’s and Google’s native ecosystems at the expense of the open web. We advocate for implementing measures that strike a careful balance between addressing Google's dominance in search and safeguarding the health and future development of the open web." Moore said the potential impact on Mozilla, one of only three remaining browser engine developers, needs to be considered, and voiced support for allowing it to retain the ability to establish a non-exclusive search engine deal with Google. "Despite its relatively small market share, Mozilla plays a crucial role in contributing to the health and diversity of the web ecosystem," said Moore. "A sudden loss of its primary revenue source would leave it without a viable alternative, threatening its ability to continue its vital work." It seems highly likely that Google's largess will diminish if it has to part ways with Chrome, and the search biz could be further constrained if the government wins its separate antitrust case against Google's ad auction business. The other major mobile device platform owner, Apple, is more focused on maintaining its App Store ecosystem. The iBiz has also faced scrutiny and allegations of monopolistic practices in the US and has been forced to make competition concessions in the EU. A lighter-touch regulatory option would be to force Google to put the open source Chromium project under the control of an independent foundation while also disallowing self-preferencing mechanisms within the browser. This might include, for example, a ban on steering people to sign in to their Google Accounts in Chrome, which would reduce the ad-relevant data Google can gather that its rivals cannot. But limiting Google's ability to extract monopoly revenue will have less impact if competitors like Apple and Microsoft, which are also facing potential antitrust scrutiny, can keep doing business as usual. A Google-focused remedy will just tilt the playing field in a different direction. What's needed is a comprehensive set of rules that forbid self-preferencing and establish a uniform set of platform rights for third-party developers and privacy rights consumers across all tech platforms. Instead of forcing Google to share data gained through privileged access, give consumers the ability to prevent any company from gaining that data. Require all browser makers to offer users a choice of search engine through a randomized menu free of dark patterns, rather than relying on paid defaults. Ensure that in-app browsers reflect the settings and modifications of third-party default browsers. Every setting should be opt-in rather than opt-out. Addressing bad behavior on a piecemeal basis either invites workarounds or replaces one platform tyrant with another. While the Justice Department can't seek remedies for companies that are not found to be in violation of the law, its proposals should be crafted with an eye toward a more coherent vision of platform behavior and responsibilities. ®

Robert Wickens will reach another milestone in his years-long recovery next year when he joins DXDT Racing to drive its Corvette Z06 GT3.R in a graduation to IMSA’s WeatherTech SportsCar Championship. The 2023 IMSA TCR champion with Bryan Herta Autosport in IMSA’s Michelin Pilot Challenge series departs BHA to join DXDT for five sprint races in the GTD Corvette, which is outfitted with the same brand-new hand-control and electronic-braking technology developed by Bosch Wickens used to close the season in his Hyundai Elantra N TCR. Wickens’ teammate will be named at a later date. The Canadian is set to join the David Askew-owned, Bryan Sellers-led team for a program starting at Long Beach and continuing with stops at WeatherTech Raceway Laguna Seca, Canadian Tire Motorsport Park, Road America, and Virginia International Raceway. “This is the opportunity I have been seeking for quite a while now, and it wouldn’t be possible without the support from David Askew at DXDT, Bosch and GM,” Wickens said. “My goal since returning to racing was to race in the IMSA WeatherTech Series, so to tick that box with a limited schedule in 2025 is a huge step in my progression back to professional racing. It was never going to be an easy task, but when great minds put their heads together anything is possible.” Severely injured in an IndyCar crash at Pocono Raceway in 2018, Wickens fought through paralysis in his legs to regain the ability to walk in short bursts, but lingering damage made the use of hand controls to manage braking and throttle application a requirement upon his return to racing with BHA and Hyundai in 2022. More IMSA! IMSA moves Rolex 24 qualifying back to race weekend Aston Martin Valkyrie to make IMSA debut at Sebring The RACER Mailbag, November 20 Paired with Mark Wilkins, the duo took two wins on his TCR debut, and with a change in co-drivers to Harry Gottsacker, the two earned the TCR title in 2023 and returned to take runner-up honors in the class in 2024. In the routine developed with BHA, a driver change assistant was deployed to carry and install Wickens into the car and remove him and carry him back to the pit wall, which is expected to continue at DXDT. Having spent most of the year working in the background to develop an opportunity to compete in the WeatherTech Championship, Wickens hoped to create a full-time opportunity for himself, but will embark on the new adventure with DXDT at IMSA’s shorter races and look to expand his calendar in 2026 and beyond. “It’s always great when you can add a driver of Robert’s caliber to the team,” Askew said. “He is a top driver and has shown through drive and resilience that nothing is out of reach, evidenced by his race wins and championship titles in TCR. It’s certainly going to be a new challenge for all of us, but it’s one I’m so excited to take on. I know with all the work by us, Bosch, GM, and Pratt Miller this offseason, we’re in a good position to hit the ground running in Long Beach.” This is what I’ve been pushing for since day 1 of my recovery. I’m excited to announce that I am entering the @IMSA Weather Tech Series in the GTD class with @DXDTRacing . None of this would have been possible without the support of the team, Bosch, GM, and so many more. pic.twitter.com/7Ou8SM9zfC — Robert Wickens (@robertwickens) November 25, 2024 Wickens is the only driver directly supported by Bosch, and while other vendors have supplied hand controls in the series, he will race the mid-engine V8-powered Corvette with the first hand-control system made by the company for use in the WeatherTech Championship. Pratt Miller Motorsports, which turns the production Corvettes into GT3-specification race cars for General Motors, has integrated Bosch’s technology into the American supercar for Wickens and DXDT, with functionality built in that allows the hand-control system to be switched on for Wickens and switched off for co-drivers who prefer to use the brake and throttle pedals. “We are proud to be part of this effort alongside DXDT Racing, Pratt Miller, Bosch and of course Robert Wickens,” said Mark Stielow, GM’s director of motorsports competition programs. “For many years, Corvette Racing and Bosch have worked together to drive innovation in motorsports, most notably through the Collision Avoidance System that is now common in sports car paddocks around the world. It means a tremendous amount for Robert and Bosch to choose the Corvette Z06 GT3.R and DXDT Racing as they achieve their goal of making racing more inclusive to all competitors around the world, no matter the series or classification.”

Please enable JavaScript to read this content. Just a day after the National Treasury released Sh5 billion for the National Government Constituencies Development Fund (NG-CDF), a proposal to save the kitty, which has since been declared unconstitutional by the courts, has been tabled at the National Assembly. Legislators Samuel Chepkonga (Ainabkoi) and Otiende Amolo (Rarieda), in a renewed bid to circumvent the court ruling, have introduced a proposal to amend the Constitution of Kenya 2010 to entrench the NG-CDF kitty and further introduce a Senate Oversight Fund. It also seeks to embed the National Government Affirmative Action Fund (NGAAF) into law. The legislative proposal, to be known as the Constitution of Kenya (Amendment) Bill 2024, was tabled in the National Assembly on Thursday, and seeks to alter the name of the kitty from the National Government Constituencies Development Fund to the National Government Constituencies Decentralized Fund in a move meant to ring-fence it and shield it from legal disruptions. “The entrenchment of the National Government Constituencies Decentralised Fund in the Constitution will ensure that the critical role the Fund currently plays in promoting the participation of the people in the identification and implementation of priority national government programmes is safeguarded, as well as ensuring reasonable access to such services in all parts of the Republic of Kenya, as envisaged in Article 6(3) of the Constitution,” reads the proposal in part. Oversight fund The proposal also advocates for the setting up of a kitty for senators, the Senate Oversight Fund, to be anchored in the supreme law of the land and which Chepkonga and Amolo argue will ensure that the Senate is adequately empowered and resourced to perform its oversight functions as stipulated in Article 96 of the Constitution. “The Senate Oversight Fund shall be a national government fund consisting of monies appropriated from the national government’s share of revenue as divided by the annual Division of Revenue Act enacted pursuant to Article 218 of the Constitution,” further reads the proposal. “The establishment of the National Government Affirmative Action Fund seeks to ensure that affirmative action groups including women, youth, persons with disabilities, vulnerable children and elderly persons have access to minimum financial facilities required for the promotion of enterprise development and provision of social development services at the constituency and county levels,” the Bill further states. Notably, the proposal comes against the backdrop of a court ruling declaring NG-CDF unconstitutional. A three-judge bench in September sounded the death knell for the kitty, noting that it had violated the separation of powers. Justices Kanyi Kimondo, Mugure Thande and Roselyne Aburili also cited failure by the National Assembly to consult the Senate as grounds for the kitty’s un-constitutionalism. They said the fund and all its projects, programmes and activities shall cease to operate on June 30, 2026. They, however, noted that it was not in the interest of the nation or justice to bring it to an abrupt closure. And during his communication to the House on Thursday, Speaker Moses Wetangula acknowledged having received the proposal by the legislators and committed it to the Departmental Committee on Justice and Legal Affairs (JLAC). “I wish to bring to the attention of the House that I have received a legislative proposal intending to amend the Constitution to entrench NG-CDF, the Senate Oversight Fund and NGAAF in the Constitution. The proposal is co-sponsored by Ainabkoi MP Samuel Chepkonga and Rarieda MP Otiende Amolo,” the speaker said. Acknowledging a similar proposal which had been introduced before the House by Matungulu MP Stephen Mule and his Gichugu counterpart Githinji Gichimu in November 2022, Wetangula explained that a joint parliamentary ad hoc committee considering the proposal had been unable to conclude its work and table a report despite a 90-day extension and that the numerous court cases on NG-CDF had prompted the introduction of the new proposal. The earlier proposal by Mule and Gichimu had sought to increase the NG-CDF kitty to at least five per cent of the total national revenue. The law currently sets aside 2.5 per cent of the total revenue raised nationally to be shared among the 290 constituencies. Each constituency receives at least Sh137 million which legislators have been using for community development projects. It had also called for the channelling of 0.001 per cent of all the national government share of revenue as divided in the Division of Revenue Act to the Senate Oversight Fund. Stay informed. Subscribe to our newsletter “This proposal and the earlier proposal introduced by Mule and Gichimu shall thereafter stand committed to the Justice and Legal Affairs committee for consideration. The committee shall expeditiously invite and consider submissions from the Attorney-General, the commissions and independent offices under Chapter 15 of the Constitution and any other body with a law reform mandate,” submitted the speaker. The JLAC committee is now expected to submit its recommendations on the proposals by February 11, 2025, when the House resumes from the two-month-long recess it is on now. Meanwhile, during the debate proceedings on Thursday, members of Parliament gave their input on the new proposal. MP Chepkonga spoke on the protracted battle between the courts and Parliament over the constitutionality of the NG-CDF kitty. “When we appeared before the three-judge bench on the NG-CDF case, it was unknown to me that the young lawyers present were beneficiaries of NG-CDF. Mr Speaker, you can see what people are seeking to do. To disenfranchise members of our communities. We must not accept this. We must entrench these funds in the Constitution to secure the future of our children,” he argued, adding: “The courts have constantly pronounced themselves in a manner we have never agreed with. Now that we are being told that NGCDF is unconstitutional, we are going to make it constitutional and nobody will ever again say it is unconstitutional.” He also credited the kitty for being behind any meaningful development at the constituencies, and, in the process, chided county governors, accusing them of being behind the “adverse” court rulings on NG-CDF. ALSO READ: Parliament moves to increase NG-CDF by Sh10b; Here's why “When you go to our constituencies, the only visible development you will be able to see is that from NG-CDF. The governors, who we actually think have had a hand in these court decisions, have not done much with all the billions they get.” Chairperson of the NG-CDF Committee, Musa Cherutich, also went out to push for the kitty. “The CDF has been very instrumental in terms of construction of schools, school fees for our children and, Mr Speaker, all those who are against it are people who are retired and do not have children in school. They should continue taking care of their grandchildren so that they can appreciate the use of NG-CDF,” Cherutich said. “Without any fear of contradiction, I can say that the only projects which make sense to Kenyans are those done at the constituency level, especially on the education and security sectors. As MPs, we are not part of the management of the CDF funds in this country. We are only patrons and play our role on oversight,” Mule held.Why Argan Stock Tumbled by 4% on TuesdayAbdelgowad scores 26 in UMass’ 86-52 victory over UMass-BostonDonnelly suffers high profile loss as sole Fianna Fáil candidate for Wicklow

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Xerox Holdings Corporation (NASDAQ: XRX) securities between January 25, 2024 and October 28, 2024. Xerox and its subsidiaries offer workplace technology that integrates hardware, services, and software for enterprises in the Americas, and internationally. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Xerox Holdings Corporation (XRX) Misled Investors Regarding its Business Prospects According to the complaint, during the class period, defendants failed to disclose to investors that: (1) after a large workforce reduction, the Company’s salesforce was reorganized with new territory assignments and account coverage; (2) as a result, the Company’s salesforce productivity was disrupted; (3) as a result, the Company had a lower rate of sell-through of older products; (4) the difficulties in flushing out older product would delay the launch of key products; and (5) therefore, Xerox was likely to experience lower sales and revenue. Plaintiff alleges that on October 29, 2024, Xerox revealed “lower-than-expected improvements in sales force productivity” and “delays in the global launch of two new products” had led to “sales underperformance.” The Company disclosed that for third quarter 2024, quarterly revenue was down 7.5% year-over-year to $1.53 billion, net loss fell to -$1.2 billion (down $1.3 billion year-over-year), and equipment sales declined 12.2% year over year to $339 million. In a corresponding earnings call, the Company’s COO revealed the product delay was in fact a “forecasting issue” where the Company “had higher expectations that we were going to flush through the older product” which it needed to “sell through” in order to “make those transitions.” On this news, the Company’s share price fell $1.79, or 17.41%, to close at $8.49 per share on October 29, 2024. What Now: You may be eligible to participate in the class action against Xerox Holdings Corporation. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 21, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP: Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Xerox Holdings Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/513fb6e4-a34e-4150-8fe5-2c133087d380

( ) shares are in the green today. Again. Shares in the (ASX: XJO) company closed yesterday at $256.73. In early morning trade on Wednesday, they are changing hands for $259.01 apiece, up 0.9%. For some context, the ASX 200 is down 0.3% at this same time. As you can see on the chart above, Pro Medicus shares have been shooting the lights out of late, up 192% over the past year. And if that's not enough, the stock also trades on a slender 0.2% fully franked trailing yield. Which brings us to the sale of two million shares by the company's co-founders. This morning, the health imaging company media speculations that its co-founders, Sam Hupert and Anthony Hall, both sold one million Pro Medicus shares at yesterday's closing price of $256.73 a share. In other words, they've each just pocketed a cool $256.7 million. Hall and Hupert launched the company in 1983. Pro Medicus listed on the ASX 17 years later, in October 2000. While the stock has broadly trended higher since then, it didn't lift off right away. In August 2001, you could have bought shares for just 90 cents each. If only! The board noted that the co-founders' share sale "was in response to strong approaches from a number of high-quality funds", and that the shares were not sold at a discount to market prices. The board also highlighted that the two million shares represented less than 4% of both Hall's and Hupert's stockholdings in the company. The co-founders remain the two largest shareholders, owning more than 24 million shares each. There are a total of 104.5 million Pro Medicus shares outstanding. According to the board, Hupert and Hall "are actively engaged in the company as executives and board members and are committed to its future. They remain the two key stake holders in the company with their combined holding post this recent sale of 46%." Both co-founders said they have no plans to sell any additional Pro Medicus shares in the foreseeable future. Commenting on the sale, Pro Medicus chairman Peter Kempen said: This sale of shares by the founders is part of a progressive sell down, which provides prospective shareholders with the opportunity to invest in the company and ultimately will increase the free float. Every investor needs to decide what's right or their own personal situation. Broadly speaking, Pro Medicus shares have been storming higher on the back of strong, ongoing growth. At its profit soared 36.5% to $82.8 million. Hupert also sounded a positive note on the company's outlook at the time, saying, "We have a bit over 7% of the total addressable market (TAM) in the US and growing, so there is still a huge amount of runway ahead of us." Indeed, Bell Potter Pro Medicus shares can still move higher from here (courtesy of ). The broker just upped its price target for Pro Medicus shares by 100% to $260.00.