FRESNO, Calif. (AP) — A lawyer for former U.S. Rep. TJ Cox of California said the Democrat will plead guilty to two counts of fraud and pay $3.5 million in restitution after federal prosecutors alleged he perpetrated multiple schemes involving businesses he was involved in. Attorney Mark Coleman told the Fresno Bee on Wednesday that Cox wanted to avoid trial and had reached a plea deal that dismissed 24 of the 26 charges he has faced since 2022 . “It’s very stressful for him. It’s very stressful for his family, and he wanted to get it behind him,” Coleman said. At the next hearing in January, Cox will enter guilty pleas to wire fraud and wire fraud affecting a financial institution, the Bee reported. He agrees to pay $3.5 million in restitution and will be required to provide records of his financial standings once his plea changes, according to the deal. He is also subject to whatever sentence and fine is determined to be fair by the court. Prosecutors said Cox stole more than $1.7 million in diverted client payments and company loans and investments. They also alleged Cox created false records and a fraudulent loan guarantee in order to secure a $1.5 million construction loan through a sports nonprofit for improvements at Granite Park, a sports complex in Fresno. “Anytime you’re in business there are thousands of transactions, and people sometimes make shortcuts and it’s something he had to deal with,” Coleman said about the charges. The counts that were dismissed included wire fraud, money laundering and campaign contribution fraud. Prosecutors previously said that without the plea deal, Cox faced prison time and fines ranging from $250,000 to $1 million depending on the count, according to the Bee. The charges date back to business Cox was conducting in 2018, documents show, as well as during his time in Congress. Cox was elected in 2018 by beating out incumbent Republican David Valadao for the seat that covered Kings County and parts of Fresno, Kern and Tulare counties. Valadao retook the seat from Cox in a 2020 rematch. The Associated PressMandya : In separate road accidents that took place in Mandya district yesterday, three engineering students and a woman and a girl were killed while two others have sustained serious injuries. Malavalli: In the first case, three engineering students were killed on the spot while another sustained serious injuries when a truck hit the car in which they were travelling near Nagegowdana Doddi Gate in Malavalli taluk. The deceased have been identified as Pranav (22), Adarsh (23) and Akarsh (22), all fourth semester students at Bangalore Institute of Technology (BIT) in Bengaluru and natives of Challakere in Chitradurga district. The injured has been identified as Hrithik and all the four students were on their way to Talakad in the car when the accident took place. When the four students were proceeding near Nagegowdana Doddi Gate in Malavalli taluk, a truck coming from Kollegal side rammed into the car, killing the three students on the spot and leaving another student seriously injured, who has been admitted to the Government Hospital. Dy.SP V. Krishnappa, Circle Inspector Mahesh and staff, visited the accident spot, conducted mahazar, preliminary investigation and a case has been registered at Mandya Rural Police Station. In the second case, a woman and a girl were killed on the spot while another sustained injuries when a truck rammed into the scooter they were travelling near Mahadeshwarapura village on Srirangapatna-Jewargi Highway yesterday early morning. The deceased have been identified as Shilpashree (34), wife of Shivannegowda of Neelanahalli village in Pandavapura taluk and Sandhya (17), daughter of Pradeep of Neelanahalli village. Shilpashree’s mother Shylaja, who has sustained serious injuries has been admitted to a private hospital in Mysuru. READ ALSO 14 Karnataka Bn NCC adopts Sir MV’s statue at Mandya Shilpashree and Shylaja were to go to Tirupati and Shylaja’s daughter Sandhya was taking them on her scooter to drop them at Pandavapura when the speeding truck carrying onions, which came from Nagamangala side rammed into the scooter killing Sandhya and Shilpashree on the spot and seriously injuring Shylaja, who was rushed to Pandavapura General Hospital, where she was provided first-aid and later shifted to a private hospital in Mysuru. Shylaja has two children and Sandhya was her second daughter who was pursuing her 2nd PUC. Dy.SP Murali, Sub-Inspector Pramod and staff, who rushed to the spot, conducted an inspection and shifted the bodies to the Government Hospital mortuary. Former Minister C.S. Puttaraju and MLA Darshan Puttannaiah visited the mortuary and consoled the family members and relatives of the deceased, who had gathered in large numbers in front of the mortuary. A case has been registered at Melukote Police Station. MandyaJosh Allen, Bills crush Jets, secure No. 2 seed in AFC
Tech Stocks Surge as Meta Hits Record High, Bolstered by TikTok Potential BanIf there’s been one bit of news out of the nascent Trump 47 administration that’s being greeted with excitement — and equal amounts of concern — among conservatives, it’s the new Department of Government Efficiency, or DOGE. The excitement comes from the fact that President-elect Donald Trump sees efficiency and the curbing of big government as a priority in his second term. Equal excitement is the dual heads of it: two CEOs with some knowledge of the political sphere, Elon Musk and . But DOGE doesn’t exactly have a mandate to carry out its own suggestions; it’s a proposed presidential advisory commission, whose advice could just be filed away deep in a locked cabinet in the unlit, disused basement lavatory of a government building with a sign saying “Beware of the Leopard” on the door. (Geek points for those of you who get that .) Furthermore, just how serious this commission is remains to be seen. Yes, both Musk and Ramaswamy have put their careers on the line to make a political stand, and Musk in particular has put on Republicans to reject a to keep the government open. However, the fact that DOGE’s acronym itself is a — so seldom a good sign when Elon is involved, it must be noted — makes one wonder whether this is just another way for Republicans to make empty promises to slash big government while sustaining it through compromises and backsliding. Thus, if DOGE is going to be effective, it’s going to have to be brutal. Like, Milton Friedman brutal. In 1999, a little under three years after President Bill Clinton declared that “the era of big government is over” and also a little under three years after Clinton proved he had no intention of following through on the limits, the libertarian Nobel laureate economist sat down with Peter Robinson, a research fellow at the Hoover Institution at Stanford University — a body which Friedman, at the time, was part of as well — for an interview for Robinson’s show “Uncommon Knowledge.” Toward the end of the episode, Robinson — a former speechwriter for Ronald Reagan , “Mr. Gorbachev, tear down this wall” — asked Friedman about a bit of “cabinet remodeling,” or what he’d do if he had his way with the (then) 14 cabinet-level departments there were. “Now, 14 is a lot for television, so I just want to go right down the list quickly and have you give me a thumbs up or a thumbs down, keep them or abolish them,” Robinson said. Department of Agriculture: “Abolish,” Friedman said. Department of Commerce: “Abolish,” Friedman said. Department of Defense: “Keep.” Department of Education: “Abolish.” Department of Energy: “Abolish,” although said he would “accept that energy ties in with the military.” “Well, then we shove it under defense,” Robinson said. Department of Health and Human Services: “There is use for some public health activities to prevent contagion[s]” and the like, he said. “So you keep the National Institutes of Health, say, and the Center for Disease Control,” Robinson said. No, Friedman wouldn’t: “Those are mostly a research agency. No, no, that’s a question about whether the government should be involved in financing research, and the answer is no.” However, the answer isn’t easy due to contagions and other such matters, so Robinson said “We’ll eliminate half the Department of Health and Human Services.” This, Friedman agreed to. : “Out.” “Oh, didn’t even pause over that one,” Robinson said, as Friedman smiled. “But Housing and Urban Development has done an enormous amount of harm,” Friedman said, insisting to pause a little bit. “My God! If you think of the way in which they’ve destroyed parts of cities under the rubric of eliminating slums.” Department of the Interior: “Well, given the problem there is that you first have to sell off all the land that the government owns — but that’s what you should do. ... The government now owns something like one third of all the land in the country, and that’s too much,” Friedman said, adding it should go down to almost zero. However, they should own government buildings, so maybe a very, very, downsized Department of the Interior would suit Friedman’s likings. Department of Justice: “Oh yes, keep that one.” (Friedman died roughly 15 years before he could to come to know the words “ ,” it must be worth noting.) Department of Labor: “No.” Department of State: “Keep it.” Department of Transportation: “Gone.” Department of the Treasury: “You have to keep it to collect taxes.” (Not that Friedman was much fond of that, but thems the breaks of where we were at, financially, even back .) : “You can regard Veterans Affairs as a way of paying, essentially, salaries for services of those who have been in the Armed Forces. But you ought to be able to get rid of it, you should be able to pay off [lump sums]” and dump the department. He was then asked what he would do if he were dictator for a day. Milton Friedman was as good as it gets. — Thomas Sowell Quotes (@ThomasSowell) “No, no, I don’t want to be made dictator,” Friedman said. “If we can’t persuade the public that it’s desirable to do these things, we have no right to do them.” With all due respect to the occasional rhetorical flourishes of the president-elect, this is the proper attitude. And while it’s way beyond what DOGE will likely recommend, Musk and Ramaswamy will have to understand they’re coming into a swamp where this continuing resolution is hardly the biggest piece of pork they’ll have to deal with: Ever seen a bigger piece of pork? — Elon Musk (@elonmusk) Yes. There are now 15 cabinet-level departments thanks to Homeland Security’s creation after 9/11. It’s now so effective that it can’t stop record numbers of illegal immigrants from crossing our borders, far more than ever before it was created. But then, this shouldn’t be a surprise. People gasp when conservatives talk about eliminating the Department of Education. All right, then: That department was created in 1979. Have our schools gotten any better, our students any smarter since then? The Department of Energy was created in 1977. To the extent that America has gained any level of energy independence since then, it’s been through private-sector innovations like fracking — something the Democratic candidate for president once endorsed banning and which the . If one half of the DOGE duumvirate thinks is the biggest piece of pork he’ll ever have to send back to the kitchen, in other words, he really ought to start watching what Milton Friedman was saying 25 years ago, then realize how much things have gotten since then. We are committed to truth and accuracy in all of our journalism. Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. .
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Ramsey County manager Ling Becker has named Maria Sarabia as chief of staff, with her role beginning the first week of January. As chief advisor to the county manager, Sarabia also will work closely with the deputy county managers, county board of commissioners, other senior leaders and county partners and community members. “Maria brings extensive leadership experience and a proven track record of fostering collaboration, which will be instrumental in advancing our organization’s strategic priorities,” Becker said. “As a member of the county manager’s executive team, Maria will lead key initiatives with organization-wide impact, working across all areas. Additionally, she will oversee the government relations team, advocating for policies and resources that strengthen our ability to serve our community.” Sarabia currently serves as assistant commissioner of the Health Improvement Bureau for the state department of health. She previously worked in various roles in Ramsey County from 2018 to 2023 and has worked in policy, administration and community services roles for more than 25 years. She has held leadership roles with the Minnesota Department of Transportation, the state department of human services, and U.S. Centers for Disease Control and Prevention. Sarabia has a bachelor’s degree from Northeastern Illinois University and a master’s degree from the University of Chicago. Related ArticlesMonolithic Power Systems, Inc. ( NASDAQ:MPWR – Get Free Report ) announced a quarterly dividend on Friday, December 13th, RTT News reports. Investors of record on Tuesday, December 31st will be paid a dividend of 1.25 per share by the semiconductor company on Wednesday, January 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Tuesday, December 31st. Monolithic Power Systems has increased its dividend payment by an average of 26.0% per year over the last three years. Monolithic Power Systems has a dividend payout ratio of 30.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Monolithic Power Systems to earn $13.34 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 37.5%. Monolithic Power Systems Trading Down 1.2 % NASDAQ:MPWR opened at $612.70 on Friday. Monolithic Power Systems has a 1-year low of $546.71 and a 1-year high of $959.64. The firm has a market capitalization of $29.89 billion, a price-to-earnings ratio of 69.08, a PEG ratio of 2.90 and a beta of 1.05. The business’s 50-day moving average price is $668.38 and its two-hundred day moving average price is $797.50. Wall Street Analysts Forecast Growth MPWR has been the topic of several analyst reports. TD Cowen cut their target price on shares of Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Oppenheimer reiterated an “outperform” rating and set a $900.00 target price on shares of Monolithic Power Systems in a report on Monday, November 11th. Loop Capital raised Monolithic Power Systems from a “hold” rating to a “buy” rating and set a $660.00 target price for the company in a research note on Monday, November 18th. Stifel Nicolaus raised their price target on Monolithic Power Systems from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Needham & Company LLC decreased their price objective on Monolithic Power Systems from $950.00 to $600.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $828.67. Check Out Our Latest Analysis on Monolithic Power Systems Insiders Place Their Bets In related news, EVP Deming Xiao sold 866 shares of Monolithic Power Systems stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $765.14, for a total value of $662,611.24. Following the sale, the executive vice president now owns 162,239 shares of the company’s stock, valued at approximately $124,135,548.46. The trade was a 0.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Theodore Blegen sold 2,500 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $600.00, for a total value of $1,500,000.00. Following the transaction, the chief financial officer now directly owns 53,444 shares of the company’s stock, valued at $32,066,400. This trade represents a 4.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 20,100 shares of company stock valued at $17,153,021 in the last quarter. 3.70% of the stock is currently owned by insiders. Monolithic Power Systems Company Profile ( Get Free Report ) Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications. Further Reading Receive News & Ratings for Monolithic Power Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monolithic Power Systems and related companies with MarketBeat.com's FREE daily email newsletter .Brock Bowers of the Las Vegas Raiders moved past Pro Football Hall of Famer Mike Ditka on Sunday to set the NFL record for most receiving yards by a tight end in his rookie season and also set the record for most receptions by a rookie, regardless of position. Bowers has 108 receptions to top the mark set last season by Puka Nacua (105) of the Los Angeles Rams. Bowers' yardage stands at 1,144 after having seven receptions for 77 yards in a 25-10 road victory over the New Orleans Saints. Bowers also set a franchise receptions for catches in a season, surpassing Darren Waller (107 in 2020). "It's awesome," Bowers said of the records in a postgame interview on Fox. " You never know what to expect coming up to the next level. It's been everything and more." Bowers' third catch on Sunday -- a 13-yard grab late in the second quarter against the Saints -- pushed his season total to 1,087 yards. Ditka totaled 1,076 receiving yards in 14 games with the Chicago Bears in 1961. Bowers, 22, set the record for receptions by a rookie tight end earlier this season by eclipsing the total of 86 reeled in by Sam LaPorta of the Detroit Lions in 2023. Bowers was selected by the Raiders with the 13th overall pick of the 2024 NFL Draft. Despite all his catches, he has just four scoring receptions. While with Georgia, Bowers was the first back-to-back winner of the Mackey Award (2022, 2023), which is given to the top tight end in college football. --Field Level MediaBiden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Some Democrats are frustrated over Joe Biden reversing course and pardoning his son Hunter ATLANTA (AP) — Already reeling from their November defeat at the polls, Democrats now are grappling with President Joe Biden's pardoning of his son for a federal felony conviction — after the party spent years slamming Donald Trump as a threat to democracy who operates above the law. The White House on Monday struggled to defend the pardon, claiming the prosecution was politically motivated — a page out of Trump's playbook. That explanation did not satisfy some Democrats who are angry that Biden’s reversal could make it harder to take on Trump. Hezbollah fires into Israel-held area after multiple Israeli strikes in Lebanon since truce began JERUSALEM (AP) — Hezbollah fired into a disputed border zone held by Israel after multiple Israeli strikes inside Lebanon since a ceasefire took hold last week. The militant group said the volley, its first during the truce, was a warning shot in response to what it called repeated Israeli violations. Israeli leaders threatened to retaliate, further straining the fragile U.S.- and French-brokered ceasefire. Israeli strikes in recent days, including a string of hits on Monday, have killed at least four people in Lebanon. U.S. officials said the ceasefire was largely holding. Key players in Syria's long-running civil war, reignited by a shock rebel offensive BEIRUT (AP) — Syria’s civil war has exploded back onto the world stage after insurgents poured out of their main bastion in northwestern Syria and seized large parts of nearby Aleppo, Syria’s largest city, and dozens of nearby towns and villages.. The insurgents offensive triggered the heaviest clashes in the country since a March 2020 cease-fire brokered by Turkey and Russia, who back rival sides in the conflict. Five countries have military presence in Syria including the U.S. that has troops deployed in the country’s east, Turkey that controls parts of northern Syria, Israel that has presence in the Golan Heights and Russia and Iran that have been a main backer of Syrian President Bashar Assad. Woman driving drunk who killed bride still in her wedding dress sentenced to 25 years in prison A woman who admitted to drinking and who was driving well over twice the speed limit when she smashed into a golf cart killing a bride who had just got married at a South Carolina beach has been sentenced to 25 years in prison. Jamie Lee Komoroski pleaded guilty Monday to reckless homicide and three felony driving under the influence charges. Police said the 27-year-old drank at several bars on April 28, 2023, and was driving 65 mph on a narrow Folly Beach road when she slammed into a golf cart leaving a wedding. The bride, 34-year-old Samantha Miller, died still wearing her wedding dress. Florida woman sentenced to life for zipping boyfriend into suitcase, suffocating him A 47-year-oldFlorida woman has been sentenced to life in prison for zipping her boyfriend into a suitcase and leaving him to die of suffocation amid a history of domestic and alcohol abuse. Circuit Judge Michael Kraynick imposed the sentence Monday in Orlando on Sarah Boone for the 2020 killing of 42-year-old Jorge Torres. A jury deliberated only 90 minutes Oct. 25 before convicting Boone of the second-degree murder of Jorge Torres after a 10-day trial. Boone had insisted she was herself a victim of domestic violence at the hands of Torres and had pleaded not guilty. Already buried under snow, Great Lakes region expected to see more stormy weather this week Some storm-weary residents of the Great Lakes region have seen continued snowfall and are facing the prospect of even more accumulations this week. Lake-effect snow continues to fall on parts of western New York that were already blanketed with a foot or more over the past four days. Lake-effect snow warnings are in effect through Tuesday night in parts of Ohio, New York and Pennsylvania. Snow fell in western Michigan overnight, and heavier, persistent snow of up to a foot was expected to follow into Monday. Meanwhile, Alaska's capital got more than a foot of snow over the weekend. The National Weather Service says the wintry weather is stronger than Juneau usually sees this time of year. Stock market today: Rising tech stocks pull Wall Street to another record NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday. The National Retail Federation coined the term for the Monday after Black Friday in 2005. Even though e-commerce is now part and parcel of many people’s regular routine, Cyber Monday continues to be the biggest online shopping day of the year, thanks to steady discounts and a fair amount of hype. Several major retails actually started their Cyber Monday promotions over the weekend. Consumer spending for the online shopping days between Thanksgiving and Cyber Monday provides an indication of how much shoppers are willing to spend for the holidays.
AP Trending SummaryBrief at 3:35 p.m. ESTTeens eye teaching, commerce and health in first-round university offers
Lasting legacy: Thompson's Jewelry celebrates 100 years of sales and service