SACP in the WC condemns Janusz Waluś’ deportationFARMINGTON, Utah--(BUSINESS WIRE)--Nov 26, 2024-- PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”), today announced that on November 20, 2024 it received a written Filing Delinquency Notification (the “Notification”) from the New York Stock Exchange (“NYSE”) stating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual, Annual and Quarterly Report Timely Filing Criteria (the “Timely Filing Criteria”), due to the delayed filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. The Company was unable to timely file its Form 10-Q due to the ongoing Audit Committee investigation of recent third-party allegations. Pursuant to the Notification, the Company has an initial six month period, from November 19, 2024, to file the Form 10-Q and regain compliance with the Timely Filing Criteria. The Company currently anticipates filing the Form 10-Q and regaining compliance with the Timely Filing Criteria within the initial six month period. About PACS Group PACS Group, Inc. is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS Group is one of the largest post-acute platforms in the United States. Its independent subsidiaries operate over 284 post-acute care facilities across 16 states serving more than 27,000 patients daily. Forward-Looking Statements This press release contains, and other communications of the Company may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “outlook,” “forecast,” “target,” “trend,” “plan,” “goal,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Statements concerning the Company’s future are forward-looking statements, and are based on management’s current expectations, assumptions and beliefs about the Company’s business, financial performance, operating results, the industry in which the Company operates and possible future events. These statements include, but are not limited to, statements regarding the Company’s expectations regarding the timing of the ongoing investigation and the timing of and its ability to make the Company’s Form 10-Q filing. Forward-looking statements convey the Company’s expectations, intentions, or forecasts about future events, circumstances, results, or aspirations. Forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions, which may change over time and many of which are beyond the Company’s control, and that could cause the Company’s actual results to materially and adversely differ from those expressed in any forward-looking statement, including the outcome of any ongoing government or internal investigations, risks associated with litigation, and the other risks described in the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2024 and other filings with the Securities and Exchange Commission. These documents are available in the Investor Relations section of the Company’s website at www.pacs.com (information on the website is not incorporated by reference into this press release and should not be considered part of this document). You should not place undue reliance on forward-looking statements. The information in this press release is provided as of today’s date only, and, except as required by federal securities law, we do not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or for any other reason after today. View source version on businesswire.com : https://www.businesswire.com/news/home/20241126341034/en/ CONTACT: Investors:IR@pacs.com Media: Brooks Stevenson VP Corporate Communication 262 N. University Avenue Farmington, UT 84025 T: 385-988-3596 brooks.stevenson@pacs.com https://www.pacs.com https://ir.pacs.com KEYWORD: UNITED STATES NORTH AMERICA UTAH INDUSTRY KEYWORD: FINANCE HOSPITALS HEALTH PROFESSIONAL SERVICES PRACTICE MANAGEMENT SOURCE: PACS Group, Inc. Copyright Business Wire 2024. PUB: 11/26/2024 04:30 PM/DISC: 11/26/2024 04:33 PM http://www.businesswire.com/news/home/20241126341034/en
WattEV hosts CharIN Testival for second time, closing in on a rapid-charging standard for MHD truck electrification
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The Cleveland Browns (2-8) have struggled throughout the season, and they face another tough test on Thursday against the Steelers (8-2). Are there any Browns worth starting on Thursday? It’s hard to bet on anyone on offense for the Browns at this point. Cleveland is averaging just 16.2 points per game, which is 31st in the NFL. That said, Jameis Winston has recorded decent numbers since replacing Deshaun Watson, who is out for the remainder of the 2024 season with an achilles injury. Winston has thrown for more than 300 passing yards and multiple touchdowns in two of his three starts. Cedric Tillman has been his most consistent target, but he’s hard to trust. The wideout caught just three passes for 47 yards in last week’s loss to the New Orleans Saints. Veteran running back Nick Chubb also hasn’t looked like the player that he was in previous years. Since returning from injured reserve, Chubb has logged just 163 rushing yards and one touchdown in four games. Cleveland’s defense might struggle with Pittsburgh’s multi-faceted offense, too. Russell Wilson has thrived as the Steelers’ starting signal caller, and Najee Harris is having a career resurgence in their backfield. Winston is probably the Browns’ best play on Thursday, as he has shown that he can still put up big numbers. Tillman and Chubb have potential for big games, but it’s hard to expect them to go off, seeing how stagnant Cleveland’s offense has been.
After distancing himself from Project 2025 during his campaign, President-elect Donald Trump has tapped some of its contributors to join his incoming administration. Though the project itself encompassed a variety of things, including education and preparing personnel for a presidential transition, public focus, and criticism, revolved around the book it produced — Mandate for Leadership – the Conservative Promise . Though the Trump team went to great lengths to distance the candidate from the project, he is now enlisting the help of some of its contributors. GREATEST COMEBACK? HERE’S HOW TRUMP STACKS UP IN WHITE HOUSE HISTORY Tom Homan, Trump's designated "border czar," was listed in the Mandate for Leadership as a contributor. Brendan Carr, Trump's pick for head of the Federal Communications Commission, wrote the section on the FCC in the Project 2025 tome. Carr provided hints of how he would run the agency in the book, listing four priorities: reigning in Big Tech, promoting national security, unleashing economic prosperity, and ensuring FCC accountability and good governance. As part of ensuring national security, he called for a ban on TikTok, citing connections with the Chinese Communist Party. Trump reportedly opposes a ban on the app. Carr has served on the FCC since being appointed by Trump in 2017, a position he has held during the transition to the Biden administration. Trump is also expected to tap Russ Vought as the head of the Office of Management and Budget, a position he held during the first administration. Vought was a prominent figure in Project 2025, writing one of the leading chapters of the Mandate for Leadership, regarding the executive office of the president. In his section, Vought bemoaned the rule of bureaucracy in the executive branch, urging the president to take a decisive role. BIDEN TO USE LAME-DUCK SESSION TO ‘TRUMP-PROOF’ LEGACY "That enormous power is not vested in departments or agencies, in staff or administrative bodies, in nongovernmental organizations or other equities and interests close to the government. The President must set and enforce a plan for the executive branch," he wrote. Democrats catching wind of Trump's plans to dip into the Project 2025 bench are slamming him for working with people he had previously denounced. "After spending months lying to the American people about the ties between his campaign and Project 2025, Donald Trump has spent the past two weeks rewarding the Project 2025 lackeys who crafted this dangerous blueprint with new jobs in his administration," Democratic National Committee spokeswoman Rosemary Boeglin said. Not all Project 2025 contributors have seen good fortune; however, their work on the project has even served as a barrier. Six people familiar with the matter told Politico that Mandate for Leadership author Roger Severino was wanted by many conservatives to be selected as deputy secretary for the Department of Health and Human Services. However, he was rejected due to his work on Project 2025. “Heritage was lobbying hard,” one of the people told the outlet. But “the internal feeling was that [Trump campaign manager Chris] LaCivita and that crew had spent a lot of political capital trying to kill Project 2025 and they didn’t want to do this because that would be going backwards.” CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Opposing Project 2025 became one of the central pitches of the Harris campaign, which portrayed it as the dystopian handbook for a second Trump administration that threatened to destroy democracy and curtail citizens' rights. In nearly every public appearance in the final months of the campaign, Harris directly connected Trump with the project, despite his frequent denials of involvement. Two former Trump officials familiar with discussions told Politico in October that several Project 2025 architects had been blacklisted from a future Trump administration.GCC Summit: Strengthening ties amid multiple regional challengesThe No. 3 Texas Longhorns and tight end Gunnar Helm face the No. 20 T exas A&M Aggies , led by quarterback Marcel Reed on Saturday, Nov. 30, 2024 (11/30/24) at Kyle Field in College Station, Texas. How to watch: Fans can watch the game for free via a trial of DirecTV Stream or fuboTV . You can also watch via a subscription to Sling TV , which is offering half off your first month. Here’s what you need to know: What: NCAA Football, Week 14 Who: Texas vs. Texas A&M When: Saturday, Nov. 30 (11/30/24) Where: Kyle Field Time: 7:30 p.m. ET TV: ABC Live stream: fuboTV (free trial) , DirecTV Stream (free trial) *** Here are the best streaming options for college football this season: Fubo TV (free trial): fuboTV carries ESPN, FOX, ABC, NBC and CBS. DirecTV Stream (free trial) : DirecTV Stream carries ESPN, FOX, NBC and CBS. Sling TV ( $25 off the first month) - Sling TV carries ESPN, FOX, ABC and NBC. ESPN+ ($9.99 a month): ESPN+ carries college football games each weekend for only $9.99 a month. These games are exclusive to the platform. Peacock TV ($5.99 a month): Peacock will simulstream all of NBC Sports’ college football games airing on the NBC broadcast network this season, including Big Ten Saturday Night. Peacock will also stream Notre Dame home games. Certain games will be streamed exclusively on Peacock this year as well. Paramount+ (free trial): Paramount Plus will live stream college football games airing on CBS this year. *** Here’s a preview capsule via the Associated Press: No. 3 Texas (10-1, 6-1 SEC, No. 3 CFP) at No. 20 Texas A&M (8-3, 5-2, No. 20 CFP), Saturday, 7:30 p.m. ET (ABC) BetMGM College Football Odds: Texas by 5 1/2. Series record: Texas leads 76-37-5. The winner gets a spot in the SEC championship game against Georgia in the renewal of a rivalry that dates to the 1890s. The Longhorns have dominated this series and have had bragging rights for the past 13 years after winning the last meeting in 2011 on a last-second field goal. Texas A&M looks to rebound from a four OT loss at Auburn and get a third win this season over an AP top-10 team. Texas A&M’s running game vs. the Texas run defense. The Aggies rank 17th in the country by averaging 208.4 yards rushing and the Longhorns rank 13th against the run by holding teams to just 104 yards rushing. They had their best performance of the year last week against the Kentucky Wildcats, holding them to just 21 yards rushing on 30 attempts. Texas A&M has had at least 200 yards rushing in six games this season. Texas: TE Gunnar Helm has been the steady drumbeat of the Texas offense. After totaling just 19 catches the previous three seasons, his 42 receptions for 544 yards this year lead the team in both categories. Soft hands, size and agility in a 6-foot-5, 250-pound frame make him a difficult matchup for any defense. Texas A&M: QB Marcel Reed threw for 297 yards and three touchdowns, both season highs, in the loss to Auburn last week. The dual-threat quarterback, who was a backup to start the season, has thrown for 1,426 yards with 12 touchdowns and three interceptions and added 441 yards rushing with six TDs. RECOMMENDED • nj .com What channel is Texas vs. Texas A&M game tonight (11/30/24)? FREE LIVE STREAM, Time, TV, Channel for college Nov. 30, 2024, 1:30 p.m. What channel is Oklahoma vs. LSU game tonight (11/30/24)? FREE LIVE STREAM, Time, TV, Channel for college foo Nov. 30, 2024, 1:00 p.m. Texas has won 10 consecutive games on an opponent’s home field. The Aggies have won five in a row at home since a season-opening loss to Notre Dame ... Texas has 12 sacks from 10 players over the last two games, and has allowed just four passing touchdowns this season ... Texas coach Steve Sarkisian joins Darrell Royal and Mack Brown as the only Longhorns coaches with consecutive 10-win seasons. ... Longhorns kicker Bert Auburn is 9 of 13 this season and is just 4 of 8 from beyond 40 yards. Aggies kicker Randy Bond’s 19 field goals rank ninth in the country ... The Aggies rank second in the country with a 95.6% conversion rate in the red zone. They have scored on 43 of 45 trips with 33 touchdowns. (The Associated Press contributed to this report) Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription.
Chris Cenac Jr., the top center in the Class of 2025 according to the ESPN100, has committed to play for the Houston Cougars. The five-star recruit announced his decision Tuesday via the Bleacher Report's B/R App. Cenac previously said he wouldn't make his decision until the spring, but his stock soared over the summer after his impressive play on the Puma Pro 16 circuit with Dallas-based YGC, vaulting him into the national top-10 rankings. The 6-foot-10 New Orleans native was reportedly choosing between LSU, Auburn, Arkansas, Baylor, Kentucky, Tennessee and others before making the decision to join Cougars coach Kelvin Sampson's team. "I just like the coaching staff a lot, I like their plan to develop me and I like coming into a winning program," Cenac told 247Sports. "I'm looking forward to producing and just helping them win more. But the main thing was development and them being able to get me better so I can be ready for that next level." Cenac's rating of .9978 by 247Sports Composite makes him the Cougars' highest-rated commit in the modern era, according to multiple outlets. "They see me as a four who can kind of play all over the court and do everything," Cenac told 247Sports. "I can get rebounds, push the ball, shoot and play all over the floor." With Cenac joining other Houston commits like five-star shooting guard Isaiah Harwell, four-star point guard Kingston Flemings and three-star wing Bryce Jackson, Houston's Class of 2025 is ranked No. 2 in the nation by 247Sports and ESPN. --Field Level Media
Ambarella Inc AMBA shares are soaring in Tuesday’s after-hours session on the heels of the company’s third-quarter financial results. Here’s a look at the key highlights from the quarter . What Happened: Ambarella reported third-quarter revenue of $82.65 million, beating analyst estimates of $79.03 million, according to Benzinga Pro . The company reported third-quarter adjusted earnings of 11 cents per share, beating estimates of four cents per share. “Company-specific factors are more than offsetting broad market weakness, and we are reporting 30% sequential revenue growth in fiscal Q3, above the high-end of our guidance range, with strength led again by our customers’ new products, especially those incorporating our higher priced AI inference processors,” said Fermi Wang , president and CEO of Ambarella. “Edge AI revenue represented about 70% of our total revenue, establishing a new record level, and this momentum is expected to enable growth in both our IoT and Auto markets in F2025 and F2026.” Ambarella ended the quarter with $226.5 million in cash, cash equivalents and marketable debt securities, up from $222.3 million at the end of the prior year’s quarter. See Also: Dell Technologies Shares Drop After Q3 Revenue Misses Estimates: Details What’s Next: Ambarella expects fourth-quarter revenue to be between $76 million and $80 million. Fourth-quarter gross margin is expected to be between 61.5% and 63%, and operating expenses are expected to range between $49 million to $52 million. “With the anticipated revenue growth, we intend to drive positive operating leverage and build upon our 15 consecutive fiscal years of positive free-cash-flow,” Ambarella’s CEO added. AMBA Price Action: Ambarella shares were up 22.42% in extended trading at $83.75 at the time of publication Tuesday, per Benzinga Pro . Photo: Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Jury awards $310 million to parents of teen killed in fall from Orlando amusement park ride ORLANDO, Fla. (AP) — The parents of a 14-year-old Missouri boy who fell to his death from a Florida amusement park ride has won a $310 million verdict against the attraction's Austrian builder. The Orlando jury on Thursday ordered Funtime to pay Tyre Sampson's parents $155 million each. The trial lasted only a day as Funtime never appeared in court to defend itself. Icon Park had already settled with Sampson’s family for an undisclosed amount. Sampson stood 6 foot, 2 inches tall and weighed 380 pounds. He fell from the Orlando Free Fall ride at Icon Park because the harness did not fit him and he wasn't warned. Princess of Wales takes another step in return to public life after chemotherapy with carol service LONDON (AP) — The Princess of Wales is taking another step in her return to public life following cancer treatment as she hosts her annual Christmas carol service at Westminster Abbey. This year’s concert is designed to celebrate the support people give to one another, especially as they struggle through difficult times, a theme that may have particular resonance for the princess after abdominal surgery and chemotherapy forced her to step back from public duties for much of 2024. The princess, often referred to simply as Kate, alluded to this in a letter thanking the 1,600 people invited to attend the event because of their efforts to help others in their communities. Hall of Famer Randy Moss is stepping away from ESPN for an extended time to deal with health issue Hall of Fame wide receiver Randy Moss is stepping away from his ESPN analyst role for an extended time to focus on a personal health challenge, the network said in a statement. Moss revealed last week that he’s dealing with a health issue and asked fans to pray for him and his family. The 47-year-old ESPN football analyst made his announcement on Instagram from the set of the network’s “Sunday NFL Countdown” show. He directed his message to men and urged them to get checkups and bloodwork done, without specifying any particular illness. More than a million oven gloves are being recalled after consumers report 92 minor burns NEW YORK (AP) — More than one million pairs of oven gloves are being recalled due to a burn hazard, after dozens of injury reports. Video and e-commerce retailer QVC is recalling about 1.1 million of its “Temp-tations Oven Gloves” because they fail to provide sufficient heat protection. According to the U.S. Consumer Product Safety Commission, QVC has received 162 reports of insufficient heat protection, including 92 minor burns. Consumers in possession of the now-recalled gloves are urged to stop using them immediately — and contact QVC for a refund. Lionel Messi wins MLS MVP award, the latest trophy on a long list of honors for the Inter Miami star FORT LAUDERDALE, Fla. (AP) — Lionel Messi is the MVP of Major League Soccer for 2024. The award comes after a season where he missed 15 of Inter Miami’s 34 regular-season matches with injuries or commitments to Argentina’s national team. He still factored into a league-high 36 goals by scoring 20 and assisting on 16 others. His 2.1 goal contributions per 90 minutes played is the best by any player in any season in MLS history. MLS revealed the voting results Friday. Messi edged out Columbus Crew forward Cucho Hernández for the award, which is determined by a poll of players, club technical staff and select media members. Story continues below video Alternative healer gets 10 years in UK prison for death of woman at slap therapy workshop LONDON (AP) — An alternative healer who advocated “slapping therapy” to treat a range of maladies has been sentenced to 10 years in prison for the death of a 71-year-old diabetic woman who stopped taking insulin during his workshop. Hongchi Xiao, 61, was sentenced Friday after being convicted of manslaughter by gross negligence for failing to get medical help for Danielle Carr-Gomm in 2016. Prosecutors say she was howling in pain and frothing at the mouth during the fourth day of a workshop. The California healer promoted paida lajin therapy that advocates slapping to release “poisonous waste” from the body. He was previously convicted of manslaughter in the death of a six-year-old boy in Australia. Stellantis recalling more than 300,000 Ram trucks for braking system defect Stellantis is recalling more than 300,000 Ram Heavy Duty pickup trucks because a faulty part could cause certain braking and tracking systems to fail. The Netherlands-based automaker said the hydraulic control unit on the trucks is prone to failure, which can cause the anti-lock brake, electronic stability control and traction control systems to not work properly. Stellantis said regular braking systems are not affected by the defective part and that it’s unaware of any related injuries. The trucks in question are all model years 2017-18 and include the Ram 2500, 3500, 4500 and 5500. The company is unaware of any injuries related to the defect. El Salvador's president is triumphant after his bet on bitcoin comes true SAN SALVADOR, El Salvador (AP) — El Salvador's President Nayib Bukele is triumphant about his big bet on bitcoin as the cryptocurrency reached historic highs, surpassing $100,000 for the first time. Bitcoin has been legal tender in the country since 2021 but it never quite matched the president’s enthusiasm. The value of the government’s reported investment now stands at more than $600 million. Bitcoin has rallied mightily since Donald Trump’s election victory last month, exceeding the $100,000 mark on Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. NBA returning to China for pair of Suns-Nets preseason games in 2025 The NBA is returning to China next season. The league has struck a deal to play preseason games there more than five years after the league was effectively banned for Commissioner Adam Silver not punishing Daryl Morey for tweeting support of anti-government protesters in Hong Kong. Brooklyn and Phoenix will play games in China’s gambling hub of Macao on Oct. 10, 2025, and again two days later. There are more games planned for China in 2026, a source told The Associated Press. F1 champion Max Verstappen to become first-time father with girlfriend Kelly Piquet ABU DHABI, United Arab Emirates (AP) — Formula 1 champion Max Verstappen is set to become a father for the first time with his girlfriend Kelly Piquet. There’s racing heritage on both sides of the family. Verstappen secured his fourth F1 title last month and Kelly’s father Nelson Piquet was a three-time champion in the 1980s. Verstappen says on Instagram that "we couldn’t be happier with our little miracle.” Verstappen is aiming to win his 10th F1 race of the year at the season-ending Abu Dhabi Grand Prix on Sunday. Practice gets underway later.AP Trending SummaryBrief at 6:04 p.m. EST
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