TikTok files legal challenge of federal government’s shutdown orderIn 1992, Bill Clinton defeated George HW Bush, a sitting Republican president. In 1996, Clinton won re-election over Bob Dole. A former Democratic governor of Arkansas, Clinton had a flair for policy and retail politics. He felt your pain, garnering support from voters without a four-year degree and graduates alike. He played the saxophone, belting out Heartbreak Hotel on late-night TV. Redefining what it meant to be presidential, he told a studio audience he preferred briefs to boxers. He oozed charisma – and more. But his legacy remains deeply stained by allegations of predatory conduct and questionable judgment. He is one of three presidents to be impeached – in his case, for lying under oath about his extra-marital relationship with Monica Lewinsky, a White House intern. Before leaving office, to avoid professional discipline, Clinton surrendered his law license. Congress twice impeached Donald Trump. His legal problems range far wider than Clinton's. Nonetheless, there are echoes. Back in the day, Clinton and Trump golfed together, each a tabloid fixture. Clinton crossed paths with Jeffrey Epstein too. View image in fullscreen Citizen: My Life After the White House by Bill Clinton. Photograph: Hutchinson Heinemann Clinton's fame outstrips his popularity. Like an old-time vaudevillian, the 42nd president, now 78, finds it hard to leave the stage. His second memoir, subtitled My Life After the White House, is a stab at image rehabilitation and relevance. Densely written, the 464-page tome is a prolonged stroll down memory lane that never quite reaches a desired destination. It is too much, too little, too late – all at once. Clinton grapples with his past. In January 1998, news broke that the president, then in his 50s, had a sexual relationship with Lewinsky, a 22-year-old intern. It gave a nascent internet culture – most of it following and shaped by Matt Drudge – plenty to talk about. Newt Gingrich, the soon-to-be disgraced speaker of the House, and... Lloyd GreenMarcus Lum Autonomous vehicles operated by the Airport Authority will be leaving the airport's restricted area for the first time at the end of 2025, ferrying passengers between SkyCity shopping mall 11 Skies and the Hong Kong port of the Hong Kong-Zhuhai-Macau Bridge. The authority said 26 self-driving vehicles will come into service in the first phase of the trial operation. Each vehicle can accommodate up to 16 people including a driver and travel up to 40 kilometers per hour, according to the authority's executive director of airport operations Steven Yiu Siu-chung. Autonomous vehicles use technology to partially or entirely replace a human driver in navigating while avoiding road hazards and responding to traffic conditions. "It takes about three minutes to travel from the Hong Kong-Zhuhai-Macao Bridge port to SkyCity on the other side of the Airportcity Link," Yiu said. "After passengers finish shopping, they can take these shuttles back to the Hong Kong-Zhuhai-Macao Bridge port and then choose their preferred mode of transportation to travel to Macau or Zhuhai." Yiu said each autonomous vehicle is equipped with 11 cameras with image analysis functions. "If the vehicle deviates from its designated route, we can immediately identify where the problem occurred," he said. The vehicle also has four external surveillance cameras, four internal cameras, four GPS systems and an event data recorder. Yiu said the hardware ensures back-end staff immediately know routes taken by the autonomous vehicles as well as their technical parameters. They will then be able to discover and resolve issues as soon as possible. He added that a central vehicle control subsystem installed in each vehicle allows staffers to remotely monitor their operations. When asked whether safety mechanisms have been installed in the autonomous vehicles to prevent accidents, Yiu said that back-end staff will override the vehicles' control in the worst-case scenario but that had "rarely occurred" during test runs. Yiu said the fleet will be able to carry 500 passengers in each direction per hour at the initial stage, but capacity will eventually increase to 1,000. The authority also plans to expand the fleet's route to Tung Chung by 2028, he said. "By then we expect to have 100 autonomous vehicles in service, with one-way hourly capacity hopefully increasing from 5,000 to 8,000 passengers in 2028, depending on how many vehicles we put into service," Yiu said. He added that an elevated bridge will be built to connect the airport with Tung Chung and the bridge will have a dedicated lane for autonomous vehicles. marcus.lum@singtaonewscorp.com646-ph 。

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PHILADELPHIA and NEW YORK , Dec. 27, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK ) today announced that it has completed its previously announced offering of an additional $100 million in aggregate principal amount of its 6.125% notes due 2030 (the "Notes"). The Notes will be a further issuance of, and form a single series with, the $600 million aggregate principal amount of 6.125% Notes due 2030 that FSK issued on November 20, 2024 , increasing the outstanding aggregate principal amount of the series to $700 million . BofA Securities, Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, KKR Capital Markets LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. are acting as joint book-running managers for this offering. FSK intends to use the net proceeds of this offering for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. About FS KKR Capital Corp. FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market companies. FSK is advised by FS/KKR Advisor, LLC. About FS/KKR Advisor, LLC FS/KKR Advisor, LLC (FS/KKR) is a partnership between FS Investments and KKR Credit that serves as the investment adviser to FSK and other business development companies. FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over $83 billion in assets for a wide range of clients, including institutional investors, financial professionals and individual investors. FS Investments provides access to a broad suite of alternative asset classes and strategies through its best-in-class investment teams and partners. With its diversified platform and flexible capital solutions, the firm is a valued partner to general partners, asset owners and portfolio companies. FS Investments is grounded in its high-performance culture and guided by its commitment to building value for its clients, investing in its colleagues and giving back to its communities. The firm has more than 500 employees across offices in the U.S., Europe and Asia and is headquartered in Philadelphia . KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. Forward-Looking Statements and Important Disclosure Notice This announcement may contain certain forward-looking statements, including statements with regard to future events or future performance or operations of FSK. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, geo-political risks, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact Information: Investor Relations Contact Anna Kleinhenn [email protected] FS Investments Media Team Melanie Hemmert [email protected] SOURCE FS Investments