HOUSTON, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation ("Talen” or the "Company”) (NASDAQ: TLN ) announced today that the Company has upsized its previously announced incremental Term Loan B credit facility from $600 million to $850 million (the "Upsize”). As previously announced, the Company has executed an agreement to repurchase at least $600 million in aggregate purchase price of shares of its outstanding common stock (the "Repurchase”) from affiliates of Rubric Capital Management LP (collectively, "Rubric”). The additional proceeds from the Upsize will be used to repurchase additional shares from Rubric in the Repurchase on the same terms as the initial sizing. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Talen Talen Energy (NASDAQ: TLN ) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably, delivering the most value per megawatt produced and driving the energy transition. Talen is also powering the digital infrastructure revolution. We are well-positioned to capture this significant growth opportunity, as data centers serving artificial intelligence increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/ . Investor Relations: Ellen Liu Senior Director, Investor Relations [email protected] Media: Taryne Williams Director, Corporate Communications [email protected] Forward-Looking Statements This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as "anticipate,” "believe,” "continue,” "could,” "estimate,” "expect,” "forecasts,” "goal,” "intend,” "may,” "plan,” "potential,” "predict,” "project,” "seek,” "should,” "will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties.sport betting arbitrage 。

WASHINGTON — Former Rep. Matt Gaetz said Friday he will not return to Congress after withdrawing his name from consideration to be attorney general under President-elect Donald Trump amid growing allegations of sexual misconduct. “I’m still going to be in the fight, but it’s going to be from a new perch. I do not intend to join the 119th Congress,” Gaetz told conservative commentator Charlie Kirk, adding that he has “some other goals in life that I’m eager to pursue with my wife and my family.” The announcement comes a day after the Florida Republican, stepped aside from the Cabinet nomination process amid growing fallout from federal and House Ethics investigations that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. The 42-year-old has vehemently denied the allegations against him. Gaetz's nomination as attorney general had stunned many career lawyers inside the Justice Department, but reflected Trump's desire to place a loyalist in a department he has marked for retribution following the criminal cases against him. Hours after Gaetz withdrew, Trump nominated Pam Bondi, the former Florida attorney general, who would come to the job with years of legal work under her belt and that other trait Trump prizes above all: loyalty. It's unclear what's next for Gaetz, who is no longer a member of the House. He surprised colleagues by resigning from Congress the same day that Trump nominated him for attorney general. Some speculated he could still be sworn into office for another two-year term on Jan. 3, given that he had just won reelection earlier this month. But Gaetz, who has been in state and national politics for 14 years, said he's done with Congress. “I think that eight years is probably enough time in the United States Congress," he said.'Better Looking Than Us': Kangana Ranaut Compares Himachali Local Women With Actors Preity Zinta, Yami Gautam

A pair of teams with minimal rest will face off in Nassau, Bahamas, on Sunday when No. 22 St. John takes on Georgia. St. John's (5-1), which will play its third game in four days, began the stretch in the Bahamas Championship on Thursday, dropping a heartbreaker to No. 13 Baylor. The Red Storm led by 18 in the first half before Baylor forced overtime. From there, St. John's rallied from five down with 1:47 left to send the game to a second overtime, where it saw Baylor knock down a pair of 3-pointers in the final seven seconds -- including Jeremy Roach's buzzer-beater -- to knock off the Red Storm 99-98. In the third-place game on Friday, St. John's breezed past Virginia 80-55. RJ Luis Jr. led the way with 18 points and four steals, followed by Kadary Richmond's 12 points, as the Red Storm took a one-point lead with 15:21 left in the first half and didn't trail again. "I'm really impressed with our guys, coming off a double-overtime, extremely emotional loss," St. John's head coach Rick Pitino said. "To respond that way was extremely impressive, both offensively and defensively." Pitino, in his second year with the Red Storm, was moved by something off the court on Friday, involving captain Zuby Ejiofor, who chipped in eight points, nine boards, two steals and two blocks. Ejiofor was serenaded by St. John's fans during the win, following his two missed free throws at the end of double overtime against Baylor. "When you've only been in a job for a year, you search for things you love about a place," Pitino said. "Tonight I found out what I love about St. John's. Our fans chanted Zuby's name the whole game, which doesn't happen anywhere else in America. I was really impressed with our fans and I thank them for making Zuby feel good, because he gives you all the energy." Luis leads the Red Storm with 17.3 points per game, followed by Ejiofor (10.7), Aaron Scott (10.5), Deivon Smith (10.3) and Richmond (10.2). Georgia enters Sunday's matchup looking to rebound from its first loss after falling to No. 15 Marquette 80-69 on Saturday. Georgia (5-1) battled back from a 15-point, second-half deficit, but was held to just three points over the final 4:57 in Saturday's loss. Blue Cain led the Bulldogs with a season-high 17 points, including five 3-pointers. "It's a process. It's a journey with this team," Bulldogs head coach Mike White said. "It's about continuing to make strides, continuing to protect our culture. ... At the end of the day, wins and losses are going to take care of themselves. We just have to embrace the process and enjoy it." Five-star freshman recruit Asa Newell was held to a season-low nine points but leads the team with 15.5 points per game. Silas Demary Jr. is second with 13.8. --Field Level MediaThe world’s 10 most costly climate disasters of 2024 caused $229bn in damages and killed 2,000 people, the latest annual analysis of insurance payouts has revealed. Three-quarters of the financial destruction occurred in the world’s biggest economy, the US, where climate denier Donald Trump will become president next month. For the first time since the ranking was first compiled in 2018, there were two storms in a single year responsible for more than $50bn of losses: the hurricanes Helene and Milton that battered the US in September and October. Released at the end of what is almost certain to be another record-breaking year for global heat, the top 10 also included , which killed at least 829 people and wreaked $12.6bn of economic havoc; Storm Boris in Europe, which killed at least 26 and caused $5bn of losses; and the devastating floods in southern China, Bavaria, Valencia and Rio Grande do Sul in Brazil. The rising financial impact of human-caused climate disruption was apparent in another first: all of the top 10 disasters racked up bills of more than $4bn. In every case, climate scientists calculated how much more likely the catastrophes were made by the burning of fossil fuels, such as gas, oil and coal. Dr Mariam Zachariah, a world weather attribution researcher at Imperial College London, said: “Most of these disasters show clear fingerprints of climate change. Extreme weather is clearly causing incredible suffering in all corners of the world. “This report is just a snapshot of climate devastation in 2024. There are many more droughts, heatwaves, wildfires and floods not included that are becoming more frequent and intense.” The ranking is compiled at the end of each year by Christian Aid, using data from insurance payouts. The charity said the true cost of disasters is likely to be much higher because many people are uninsured, particularly in poor countries. The NGO noted that other major climate disasters in 2024 had a lower immediate financial impact, but would have an incalculable knock-on cost in terms of deaths, destruction of globally important ecosystems and long-term damage to food supplies, social stability or sea levels. This included , , droughts in southern Africa and heatwaves in Bangladesh, Gaza and . Christian Aid’s CEO, Patrick Watt, urged global policymakers to cut emissions and increase compensation payments to poor countries. “The human suffering caused by the climate crisis reflects political choices. There is nothing natural about the growing severity and frequency of droughts, floods and storms,” he said. “Disasters are being supercharged by decisions to keep burning fossil fuels, and to allow emissions to rise. And they’re being made worse by the consistent failure to deliver on financial commitments to the poorest and most climate-vulnerable countries.”

Closing marks second significant acquisition from RA Capital's Raven incubator in 2024, and first acquisition of a company built by Raven from a technology platform in-licensed from a large pharmaceutical company BOSTON , Dec. 11, 2024 /PRNewswire/ -- RA Capital Management, LP (RA Capital), a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies, today announced that AbbVie has closed its $1.4 billion acquisition of RA Capital's portfolio company Aliada Therapeutics. Aliada's lead investigational asset is ALIA-1758, an anti-pyroglutamate amyloid beta (3pE-Aβ) antibody, which is in development for the treatment of Alzheimer's disease and is currently in a Phase 1 clinical trial. ALIA-1758 utilizes a novel blood-brain barrier-crossing technology that enhances delivery of targeted drugs into the central nervous system. Johnson & Johnson (through its venture capital arm, Johnson & Johnson Innovation – JJDC, Inc.), RA Capital, and Raven (RA Capital's healthcare incubator) co-founded Aliada and co-led the series seed financing in 2021 to advance the MODELTM platform created by Johnson & Johnson scientists that was licensed to Aliada at its inception. "Congratulations to the Aliada and AbbVie teams and our fellow investors on the close of this transaction," said Joshua Resnick , MD, Senior Managing Director at RA Capital Management and former board director at Aliada. "The acquisition of Aliada is the second significant acquisition of a Raven-grown company this year, joining Novartis' $1 billion upfront acquisition of radiopharmaceutical developer Mariana Oncology in May." "Delivering therapeutics across the blood-brain barrier with a low-volume, subcutaneous injection would be revolutionary for treating Alzheimer's disease and other neurological disorders, and has long been a dream in the field," said Laura Tadvalkar , PhD, Managing Director at RA Capital Management and former board chair at Aliada. "We look forward to following ALIA-1758's progress through the clinic, as AbbVie advances this important medicine for Alzheimer's disease patients." About Raven Raven is RA Capital Management's healthcare incubator. Raven's experienced team of scientists, operators, and innovators bring deep sector expertise, insight and executional capabilities across therapeutics, diagnostics, devices, and services. Raven builds companies: from originating and incubating new ideas to accelerating compelling innovations and rejuvenating promising assets. About RA Capital Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital's knowledge engine is guided by our TechAtlas internal research division, and Raven, RA Capital's company creation team, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined. RA Capital has more than 175 employees and over $10 billion in assets under management. The companies presented herein were selected to demonstrate a potential successful outcome of a company being incubated within our Raven incubator. They are not intended to represent a complete picture of RA Capital's portfolio, its exposures, risks or potential for positive or negative returns. Past performance is not indicative of future results. View original content to download multimedia: https://www.prnewswire.com/news-releases/ra-capital-management-announces-close-of-1-4-billion-acquisition-of-aliada-therapeutics-by-abbvie-302329567.html SOURCE RA Capital Management, LPFuture of Boots plunged into uncertainty as US owner begins takeover talks

Florida Gov. DeSantis’ Canadian drug import plan goes nowhere after FDA approvalBusiness Breaking News Don't miss out on the headlines from Business Breaking News. Followed categories will be added to My News. A perfect storm has hammered the Australian dollar, seeing it crater during trading overnight. The Aussie dollar fell to a 13-month low overnight during Thursday’s trading, although it bounced late during trading. Overnight, the AUD fell to 63.36 US cents, its lowest levels in almost 13 months, before it bounced to 63.9 US cents. The Aussie dollar is falling as it trades lower on three fronts. Picture: NCA NewsWire / Nicholas Eagar IG market analyst Tony Sycamore told NewsWire the Aussie dollar fell off the back of weakness both domestically and internationally. “The Aussie dollar fell due to domestic factors including weak GDP figures which caused the RBA to change their stance and become dovish. Markets are now looking for a rate cut in February, when they were previously factoring in a rate cut as late as May,” Mr Sycamore said. This has a negative impact on the Australian dollar as investors who hold the currency will receive less than they previously would if the RBA was to cut rates. “The second part of it is the US dollar had a good night. It has been rallying since the lead up to the US election and it continued last night,” Mr Sycamore said. “So on both sides of the equation the Aussie dollar is suffering.” On the other side of the world, the US is looking to help support growth through interest rate relief and so far has held up relatively strong compared with the Australian markets. Capital.com senior financial market analyst Kyle Rodda said the US CPI data came in almost exactly as expected, raising the chance of another rate cut in December. “The critical core inflation measure rose 3.3 per cent in November while the headline lifted to 2.7 per cent as forecast,” he said. “Although signalling stickiness and creating some uncertainty about the path for rates in 2025, it provides the Fed scope to cut rates by another 25 basis points and reduce the degree by which monetary policy is restrictive,” he said. Mr Sycamore said the Aussie dollar is facing further pressure from China given it is Australia’s largest trading partner. “There was hopes early in the week that stimulus would support the Chinese economy. That could still be the case, but after being burnt in September, the market really wants to see evidence from the Chinese authorities,” he said. Aussie dollar craters to 13-month low. Picture: NewsWire / Nicholas Eagar Adding to the uncertainty is today’s Australian jobs report, which has gained increased significance following the RBA’s dovish shift earlier in the week. “The market expects the Australian economy to add 25,000 jobs and the unemployment rate to rise to 4.2 per cent from 4.1 per cent A weaker-than-expected employment report would strengthen the case for a first RBA interest rate cut in February,” Mr Sycamore said. The decline in the Aussie dollar started with the RBA’s decision to hold rates on Tuesday for the ninth consecutive meeting, even though there were signs of weakness. This decline is primarily influenced by the Reserve Bank of Australia’s (RBA) decision to maintain interest rates at 4.35 per cent for the ninth consecutive meeting. RBA Governor Michelle Bullock emphasised that the central bank’s current stance on inflation is deliberate, even as the Australian economic backdrop weakens. Originally published as Aussie dollar falls to 13-month low More related stories Business Breaking News ‘Huge win’: Next step in Virgin-Qatar deal Aussies will soon have more options for international travel when Virgin Australia joins forces with one of the world’s largest airlines. Read more Business Breaking News Albo’s huge blow to Meta after pay standoff The social media giant will be forced to pay publishers for news content in an extraordinary intervention by Anthony Albanese, following an extensive standoff. Read more