BOSTON (AP) — Forty years ago, Heisman Trophy winner Doug Flutie rolled to his right and threw a pass that has become one of college football’s most iconic moments. With Boston College trailing defending champion Miami, Flutie threw the Hail Mary and found receiver Gerard Phalen , who made the grab while falling into the end zone behind a pair of defenders for a game-winning 48-yard TD. Flutie and many of his 1984 teammates were honored on the field during BC’s game against North Carolina before the second quarter on Saturday afternoon, the anniversary of the Eagles’ Miracle in Miami. “There’s no way its been 40 years,” Flutie told The Associated Press on the sideline a few minutes before he walked out with some of his former teammates to be recognized after a video of The Play was shown on the scoreboards. It’s a moment and highlight that’s not only played throughout decades of BC students and fans, but around the college football world. “What is really so humbling is that the kids 40 years later are wearing 22 jerseys, still,” Flutie said of his old number. “That amazes me.” That game was played on national TV the Friday after Thanksgiving. The ironic thing is it was originally scheduled for earlier in the season before CBS paid Rutgers to move its game against Miami, thus setting up the BC-Miami post-holiday matchup. “It shows you how random some things are, that the game was moved,” Flutie said. “The game got moved to the Friday after Thanksgiving, which was the most watched game of the year. We both end up being nationally ranked and up there. All those things lent to how big the game itself was, and made the pass and the catch that much more relevant and remembered because so many people were watching.” There’s a statue of Flutie winding up to make The Pass outside the north gates at Alumni Stadium. Fans and visitors can often be seen taking photos there. “In casual conversation, it comes up every day,” Flutie said, when asked how many times people bring it up. “It brings a smile to my face every time we talk about it.” A week after the game-ending Flutie pass, the Eagles beat Holy Cross and before he flew off to New York to accept the Heisman. They went on to win the 49th Cotton Bowl on New Year’s Day. “Forty years seem almost like incomprehensible,” said Phalen, also standing on the sideline a few minutes after the game started. “I always say to Doug: ‘Thank God for social media. It’s kept it alive for us.”’ Earlier this week, current BC coach Bill O’Brien, 55, was asked if he remembered where he was 40 years ago. “We were eating Thanksgiving leftovers in my family room,” he said. “My mom was saying a Rosary in the kitchen because she didn’t like Miami and wanted BC to win. My dad, my brother and I were watching the game. “It was unbelievable,” he said. “Everybody remembers where they were for the Hail Mary, Flutie pass.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
Finding and accessing capital investment continues to be a challenge for many small businesses in Manitoba. In an effort to address this issue, among other funding activities and policy initiatives, the Government of Manitoba can be credited with implementing the Small Business Venture Capital Tax Credit Program (the “Program”). This innovative program offers eligible investors a 45% tax credit on taxes payable in Manitoba for investments made in approved small businesses in the province. Under the Program, each investor making the maximum investment allowed of $500,000 per eligible small business is entitled to a $225,000 tax credit. As the Program is effective for generating capital investment for Manitoba small businesses, we’ve observed its use among our clients continue to expand. The Program has two notable limitations, however, that likely make it inaccessible to most Manitoban investors: First, the eligible investors must either qualify as an accredited investor under applicable securities laws (they meet a prescribed income or financial asset threshold that would allow them to sustain risky investments), or qualify for another exemption under applicable securities laws, such as being a close friend, family member and/or business associate of an officer, director or founder of the issuer company. Second, the minimum investment under the Program is $10,000. An individual is an accredited investor if they earned over $200,000 net income, or $300,000 including their spouse’s income, in the two recent calendar years with the expectation of earning the same for the current year. They are also viewed as such if they have financial assets with an aggregate realizable value of more than $1 million, before taxes but net of any related liabilities. Financial assets are cash and securities and therefore, exclude the value of an individual’s house, cottage and other assets. According to Statistics Canada’s census data, in 2021, only 2.3% of Manitobans of working age earned more than $150,000. We thereby assume that the percentage of Manitobans that individually earn over $200,000 a year, or who have a household income of more than $300,000, is substantially lower. While securities laws are, in part, designed to protect people from high-risk and/or speculative investments that could be unsuitable, the current rules create a situation where highly educated, experienced and sophisticated investors are prohibited from taking advantage of offerings qualified and approved under the Program. There are two practical solutions that are potentially available: Implementing the self-certified investor exemption in Manitoba and allowing the self-certified investor exemption to be used concurrently with the Program and lowering the minimum investment in the Program from $10,000 to $5,000. The exemption was implemented on a trial-run basis in Alberta and Saskatchewan in 2021 and in Ontario in 2022. All three provinces have since extended these exemptions. The exemption allows issuers to raise capital without a prospectus from investors who may not meet the test to qualify as an accredited investor, subject to a number of technical requirements. In order to use the exemption, in Ontario, the investor must sign prescribed certificates to the issuer certifying that they possess certain knowledge, skills or experience, and they acknowledge that they have read and understood a regulated list of risks that are associated with investing. The issuer cannot know or would reasonably be expected to know that the statements made by the investor in the certificates are false. In Ontario, the exemption may also only be used for a maximum of $30,000, in the aggregate, in any and all businesses in Ontario in any 12-month period. To that end, the subscription agreement between the investor and the company for the investment must include a contractual representation from the investor to the company that the aggregate acquisition cost of the securities of all companies acquired by that investor in the preceding 12 months as a self-certified investor does not exceed $30,000. In Ontario, to be considered qualified under the self-certified exemption, investors need to have at least one of the following: • A designation as a Chartered Financial Analyst (CFA), Chartered Investment Manager (CIM), Chartered Business Valuator (CBV), Chartered Professional Accountant (CPA), Certified International Wealth Manager (CIWM) from the Canadian Securities Institute, or Certified Financial Planner (CFP) from FP Canada; • A Master of Business Administration (MBA) degree focused on finance, a finance degree or a business and/or commerce degree focused on finance or investment from a Canadian university or accredited foreign university; • Admitted to practice law and actively practises with at least one-third of the practice in securities law or mergers and acquisitions; • Passed the Canadian Securities Course Exam administered by the Canadian Securities Institute; • Passed the Exempt Market Products Exam administered by the IFSE Institute; • Passed the Canadian Investment Funds Course Exam administered by the IFSE Institute; • Passed the Investment Funds in Canada Course Exam administered by the Canadian Securities Institute; • Passed the Series 7 Exam administered by the Financial Industry Regulatory Authority in the United States; • Holds a financial planner or financial advisor credential from a credentialling body approved by the Financial Services Regulatory Authority of Ontario; or • Has management, policy-making, engineering, product or other relevant operational experience at a business that operates in the same industry or sector as the company that the investor wishes to invest in. As a result of this experience, the individual is able to adequately assess and understand the risk of investment in that company. There are some notable differences between the exemptions in Alberta and Saskatchewan and Ontario. We note that in Alberta and Saskatchewan: • The list of potential qualified investors in Saskatchewan and Alberta is smaller than Ontario; • There is a limitation on the exemption of $10,000 per year in any one single company in a year, provided that the $30,000 aggregate limitation and the $10,000 single company limitation does not apply if the company is listed on a Canadian stock exchange and that investor receives advice regarding suitability of the investment from a qualified advisor. • A distribution to anyone that is using the self-certified exemption must occur concurrently with a distribution to an accredited investor and the self-certified investor must have access to the same information about the distributed securities as any accredited investor. • In addition to the prescribed certificates certifying the investor’s eligibility and that the investor has read and understood the risks of investing, as in is the case in Ontario, in Alberta and Saskatchewan, investors must also provide to the issuer a statutory declaration in a prescribed form. The statutory declaration cannot be older than 36 months from the date of distribution and the issuer must hold a copy of that acknowledgement and statutory declaration for a period of 8 years after the distribution. • Special purpose vehicles may be considered self-certified investors if certain technical conditions are met. The self-certified investor exemption is designed to strike an appropriate balance between lowering the high barrier of entry for investors to participate in private placement offerings, while ensuring that those investors have the requisite knowledge, experience and skill to do so. If the Government of Manitoba and The Manitoba Securities Commission consider and deem the self-certified exemption to be appropriate for Manitoba, they could adopt either of the existing models or take a customized approach. Implementing the exemption and allowing it to be used concurrently with the Program would effectively unlock a whole new pool of prospective investors for Manitoba small businesses to access and allow more Manitobans to use and take advantage of the Program. — Kyle Mirecki is private equity and securities lawyer in the Winnipeg office at MLT Aikins LLP. This article is of a general nature only and is not exhaustive of all possible legal rights or remedies. In addition, laws may change over time and should be interpreted only in the context of particular circumstances such that these materials are not intended to be relied upon or taken as legal advice or opinion. Readers should consult a legal professional for specific advice in any particular situation.
Prime Minister Paetongtarn Shinawatra's public address today, outlining her government's achievements over the past three months, appears to be a move to shore up a faltering communication strategy after a series of recent missteps. The question is whether such a one-way presentation will achieve its purpose. The national briefing, entitled "2025 Empowering Thais: A Real Possibility", is promoted as a major event, to be attended by around 500 high-level officials including cabinet ministers, heads of government agencies and armed forces leaders. It will also be broadcast live on the state-run NBT2HD TV and its social media channels. If this all sounds familiar, it probably is. In September, during her policy address to parliament, Ms Paetongtarn laid out a 10-point plan to "empower" Thais. The plan focuses on creating economic opportunities and tackling challenges, including soaring household debt, the narcotics crisis, technological disruption, and an ageing population. The proposed initiatives include comprehensive debt restructuring and measures to reduce energy prices and utility fees. The PM also pledged to promote precision agriculture and food technology to increase farmers' incomes, supporting the government's "Thai Kitchen to the World" vision. Additionally, she vowed to eradicate drugs and combat online crime, especially the growing menace of call-centre scams. Ms Paetongtarn can keep reciting these plans and showcasing what she believes to be her government's achievements, but such self-promotion is unlikely to increase public confidence in her administration. A more detailed and multi-pronged communication strategy is needed to keep the public informed and engaged about what the government is doing and the obstacles it faces. The current reactive approach -- where the PM and ministers merely respond to questions of the day -- has failed to provide a comprehensive picture of the government's performance. Worse still, it has yet to engage the public meaningfully beyond fuelling political debates and deepening divisions. Recent communication controversies -- such as the PM's remark about her husband being a Southerner when questioned about the Southern floods or the perceived policy inconsistency regarding a VAT hike -- are glaring examples of the government's incoherent communication strategy. A more professional communication team would have prepared how to handle such a crucial and sensitive issue as the VAT hike before announcing it to the public -- if the issue is indeed under consideration. The spectacle of the finance minister floating the VAT hike idea only to have the PM dismiss it shortly afterwards is embarrassing and raises doubts about the administration's competence and coordination. The same is true of the PM's reply about her personal life when asked about the flooding disaster in the South. If her communication team were doing its job correctly, the press should have received regular, timely, and relevant updates about the flooding and other important issues, thus eliminating the need for ambush questions. Ultimately, Ms Paetongtarn's resorting to the TV address for policy updates underscores how her team is out of step with the demands of modern government communication. The PM needs to overhaul her communication team to stay relevant and effective in fostering public understanding of the government's work.
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Avior Wealth Management LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF ( NASDAQ:FTQI – Free Report ) by 32.7% during the third quarter, Holdings Channel reports. The fund owned 17,672 shares of the company’s stock after purchasing an additional 4,354 shares during the period. Avior Wealth Management LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $362,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Fifth Third Securities Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth approximately $3,814,000. TrueMark Investments LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter valued at $3,353,000. Commonwealth Equity Services LLC boosted its position in First Trust NASDAQ BuyWrite Income ETF by 951.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock valued at $2,561,000 after buying an additional 113,467 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 102.9% during the second quarter. Ameritas Advisory Services LLC now owns 218,058 shares of the company’s stock worth $4,453,000 after acquiring an additional 110,613 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 357.6% during the first quarter. Cetera Investment Advisers now owns 98,956 shares of the company’s stock valued at $2,033,000 after acquiring an additional 77,330 shares during the period. First Trust NASDAQ BuyWrite Income ETF Stock Up 0.6 % Shares of FTQI stock opened at $20.89 on Friday. The firm has a market cap of $482.56 million, a price-to-earnings ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.18. The stock has a 50-day moving average price of $20.60 and a 200 day moving average price of $20.36. First Trust NASDAQ BuyWrite Income ETF Dividend Announcement First Trust NASDAQ BuyWrite Income ETF Company Profile ( Free Report ) The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust. Featured Stories Want to see what other hedge funds are holding FTQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ BuyWrite Income ETF ( NASDAQ:FTQI – Free Report ). Receive News & Ratings for First Trust NASDAQ BuyWrite Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ BuyWrite Income ETF and related companies with MarketBeat.com's FREE daily email newsletter .Quarterback since taking over as the 49ers’ starting quarterback late in the 2022 season. And he could not come at . With the 49ers clinging to slim playoff hopes, Purdy will be sidelined for the team’s crucial game Sunday against the Green Bay Packers at Lambeau Field due to a right shoulder injury. Purdy , 49ers coach Kyle Shanahan said. The imaging did not show any significant damage, and Purdy has a chance to play against Buffalo in Week 13, Shanahan said. against the Packers, and Joshua Dobbs will serve as the backup, Shanahan said. In fact, the 49ers will take the field without, perhaps, their most important offensive and defensive players. also was ruled out with hip and oblique injuries, 49ers coach Kyle Shanahan announced on Friday. The 49ers are scheduled to travel late Friday afternoon. is listed as questionable with an ankle injury. Cornerback Charvarius Ward, who , was ruled out, along with wide receiver Jacob Cowing (concussion), defensive lineman Kevin Givens (groin) and linebacker Tatum Bethune (knee). Tight end George Kittle and running back Christian McCaffrey have been fully cleared to play in Sunday’s game. Purdy has made a start since becoming the 49ers’ starting quarterback with five games remaining in the 2022 season. He sustained a cracked rib in his first start against the Tampa Bay Buccaneers. Purdy did not throw any passes in practice the following week but still managed to play on a Thursday night in Seattle. This week, Purdy did not throw on Wednesday. He took a few short tosses before practice on Thursday but left the field before the start of practice. He was not on the field as the 49ers began practice on Friday. Allen, who won the No. 2 job over Joshua Dobbs, is . Allen, 32, entered the NFL as a sixth-round pick of the Jacksonville Jaguars in 2016. His NFL career consists of 16 appearances with nine starts. He has completed 149 of 263 pass attempts (56.7 percent) for 1,611 yards with 10 touchdowns and six interceptions. for Sunday’s game. Last season, Dobbs appeared in 13 games with 12 starts for Arizona and Minnesota. He threw for 2,464 yards with 13 touchdowns and 10 interceptions. Bosa sustained a hip and oblique injury during practice on Nov. 6. He struggled through the 49ers’ game at Tampa, then sustained an injury to the hip and oblique on the other side. He said it was a matter of overcompensating for the discomfort of the original injury. Leonard Floyd has started every game at defensive end for the 49ers this season. The 49ers’ other defensive ends are Yetur Gross-Matos, Sam Okuayinonu and Robert Beal. Williams sustained an ankle injury in the 49ers’ Week 10 game against the Tampa Bay Buccaneers. After going through a workout before last week’s game, it was determined he could play with the help of a painkilling injection. Williams, an 11-time Pro Bowl performer, did not practice Wednesday or Thursday. Jaylon Moore took the first-team practice snaps at left tackle and would be expected to start in place of Williams. Moore has seven career starts in four NFL seasons. QB Brock Purdy (shoulder) DL Nick Bosa (hip/oblique) LB Tatum Bethune (knee) DL Kevin Givens (groin) CB Charvarius Ward (personal) WR Jacob Cowing (concussion) LT Trent Williams (ankle) OL Jon Feliciano (knee)
Lucid Group ( NASDAQ:LCID – Free Report ) had its price target reduced by Royal Bank of Canada from $3.00 to $2.00 in a research report report published on Tuesday, Benzinga reports. They currently have a sector perform rating on the stock. A number of other research analysts have also recently weighed in on LCID. Robert W. Baird restated a “neutral” rating and set a $3.00 target price on shares of Lucid Group in a research note on Monday, October 7th. Cantor Fitzgerald restated a “neutral” rating and set a $4.00 target price on shares of Lucid Group in a research report on Tuesday, October 8th. R. F. Lafferty upgraded shares of Lucid Group from a “hold” rating to a “buy” rating and set a $4.00 target price for the company in a research report on Monday, November 11th. Cfra set a $2.00 target price on shares of Lucid Group in a research report on Thursday, October 17th. Finally, Needham & Company LLC restated a “hold” rating on shares of Lucid Group in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $3.16. Check Out Our Latest Stock Report on Lucid Group Lucid Group Stock Up 1.9 % Insider Buying and Selling at Lucid Group In other news, Director Public Investment Fund bought 374,717,927 shares of Lucid Group stock in a transaction dated Wednesday, October 30th. The shares were acquired at an average price of $2.59 per share, with a total value of $970,519,430.93. Following the completion of the purchase, the director now owns 8,041,393 shares in the company, valued at $20,827,207.87. The trade was a -102.19 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink . 61.26% of the stock is owned by company insiders. Institutional Investors Weigh In On Lucid Group Several hedge funds and other institutional investors have recently made changes to their positions in LCID. US Bancorp DE raised its stake in shares of Lucid Group by 7.6% in the first quarter. US Bancorp DE now owns 138,388 shares of the company’s stock valued at $394,000 after acquiring an additional 9,739 shares during the period. Vanguard Group Inc. raised its stake in shares of Lucid Group by 0.6% in the first quarter. Vanguard Group Inc. now owns 83,740,087 shares of the company’s stock valued at $238,659,000 after acquiring an additional 489,187 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Lucid Group by 42.9% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,897 shares of the company’s stock worth $6,951,000 after buying an additional 732,463 shares during the period. Pitcairn Co. increased its stake in Lucid Group by 139.3% in the 1st quarter. Pitcairn Co. now owns 46,736 shares of the company’s stock worth $133,000 after buying an additional 27,205 shares during the period. Finally, EP Wealth Advisors LLC increased its stake in Lucid Group by 47.8% in the 1st quarter. EP Wealth Advisors LLC now owns 32,729 shares of the company’s stock worth $93,000 after buying an additional 10,585 shares during the period. Hedge funds and other institutional investors own 75.17% of the company’s stock. About Lucid Group ( Get Free Report ) Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Featured Articles Receive News & Ratings for Lucid Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lucid Group and related companies with MarketBeat.com's FREE daily email newsletter .
TURIN, Italy :Dusan Vlahovic and Weston McKennie scored to lead Juventus to a 2-0 Champions League win over Manchester City on Wednesday, a major blow to the English champions' hopes of clinching a top-eight spot in the group stage of Europe's elite competition. City, who lifted the 2023 Champions League trophy, continued a poor run of form which has brought only one victory in their last 10 games across all competitions. "(Confidence) is a big part of it, obviously it's a mental issue as well. You can see that. You can see that sometimes one action we miss the ball or lose a duel and you can see that we drop immediately," City midfielder Ilkay Gundogan told Amazon Prime. "It has such a big effect on us right now. At the crucial moment right now we are doing the wrong things." Vlahovic scored by the narrowest of margins in the 53rd minute when Kenan Yildiz swung the ball in and City keeper Ederson fumbled the Serb's header from close range and the ball sneaked just across the line, according to the goalline technology. "The whole team played an excellent match, we prepared well and did everything what we had to do," Vlahovic told Amazon. "The result is amazing and can give us a great boost for the rest of the season." City picked up the tempo in a desperate attempt to equalise and sent numbers forward, but Juve capitalised to double their lead against the run of play when McKennie hooked Timothy Weah's cross in with a sumptuous volley in the 75th minute. Pep Guardiola's team squandered several chances, one of the best falling to Erling Haaland late in first half. Kevin De Bruyne sent a beautiful through ball to the Norwegian who got in behind the defence before trying to chip goalkeeper Michele di Gregorio who threw up his arm to block the shot. Gundogan unleashed a blistering strike from long range that Di Gregorio stretched to just push wide. "We have done it really, really well, we didn't lose many balls that happened in the past, and we arrived in the positions," Guardiola said. "But the Italian teams that defend so deep and so compact it is not easy, they are masters of these kinds of situations." With two games remaining in the group phase, Juventus are 14th in the table while City plummeted to 22nd, three places out of automatic elimination from the competition. Since the start of November, City have conceded more goals (21) across all competitions than any other team in Europe's big five leagues, the worst spell in Guardiola's otherwise sparkling managerial career. City, who host Manchester United in the Premier League on Sunday, continue their Champions League campaign at Paris St Germain on Jan. 22. Juventus travel to Brugge on Jan. 21.VERMILLION, S.D. (AP) — Aidan Bouman threw a 25-yard touchdown pass to Javion Phelps with 12 seconds left and South Dakota defeated FCS top-ranked North Dakota State 29-28 on Saturday to claim a share of its first Missouri Valley Football Conference championship. The Coyotes (9-2, 7-1) trailed 28-17 when Bouman threw deep to Jack Martens for a 40-yard touchdown with 3:22 remaining. They got the ball back with 1:16 left and six plays later Bouman was sacked. The Coyotes quickly lined up and Bouman found Phelps alone 2 yards shy of the end zone along the left sideline and he easily scored. South Dakota won its first game against the Bison in Vermillion since a four-overtime thriller in 2002. The Bison had won the last five meetings in the DakotaDome. The Coyotes took a 14-0 lead on two Travis Theis rushing touchdowns but the Bison (10-2, 7-1) tied the game with two scores in the final 2:26 of the first half, a 23-yard pass from Cam Miller to Braylon Henderson and a 3-yard TD run by Miller. Miller scored from 2 yards out late in the third quarter and CharMar Brown completed a 20-play, 99-yard drive that took nearly 11 minutes with a 1-yard score for a 28-17 Bison lead with just over four minutes to go. Bouman was 18-of-30 for 271 yards and two touchdowns. Miller was 9-of-21 passing with one touchdown and he rushed for 82 yards and another score. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25