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Vancouver Canucks prospect Sawyer Mynio was not registered ahead of Team Canada's first game at the 2025 World Juniors. The native of Kamloops, BC was named to the roster just over a week ago, but at this point is slated to not suit up for his country. Mynio is left off of the official roster along with Seattle Kraken prospect Carson Rehkopf and Philadelphia Flyers goalie prospect Carson Bjarnason. Despite not being registered, the Canucks prospect could find his way into Team Canada's lineup with an injury, and while there are only four preliminary games - injuries are not unheard of. While it'll be disappointing to not see Mynio suit up, being selected ahead of the wide crop of Canadian defencemen available is still no small feat. Sam Dickinson, Oliver Bonk, Tanner Molendyk, Caden Price, Beau Akey, Matthew Schaefer, and Andrew Gibson stand to make up Canada's defensive core for the length of the tournament barring injury. A strong D+2 season for Sawyer Mynio Mynio, a third round pick in 2023, took strides last year as a top defenceman with the Seattle Thunderbirds. This year, the 19 year old is further building his case to be a future member of the Canucks , and is starting to look like a steal at 89th overall. So far in 18 games played, Mynio has 19 points for a Thunderbirds team that has struggled this season. If his WHL team continues to struggle throughout the season, he'll likely get moved to a contender. This article first appeared on Canucks Daily and was syndicated with permission.
San Diego County Board Chair Nora Vargas Steps Down, Citing Personal Safety ConcernsFREMONT, Calif. , Dec. 2, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX). Today, the U.S. government announced additional measures to further restrict semiconductor technology exports to China . Our initial assessment is that the effect of the announced measures on Lam's business will be broadly consistent with our prior expectations. As a result, at this time we have no plans to update Lam's financial guidance for the December 2024 quarter as stated in our earnings press release on October 23, 2024 . Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Packers clinch playoff berth with 1st shutout in NFL this season, 34-0 over Saints
After more than a year of investigating the domestic violence killings of four Aboriginal women, the Northern Territory’s coroner Elisabeth Armitage has handed down her final report. More funding, specialist training for frontline workers and a peak body for the domestic, family and sexual violence (DFSV) sector in the Northern Territory are some of the 35 recommendations from Judge Armitage, who said the recommendations were nothing “radical”: rather, something that the DFSV sector has been fighting for for a long time. Judge Armitage described the “plague of DV” as “our horror” and “our national shame”. “Domestic and family violence is present in our homes, on our streets, in our shopping centres and parks, on our beaches and at our bus stops. It is happening right now,” Judge Armitage as she handed down the report in Alice Springs today. “Right now, 000 calls are being made and first responders – police cars and ambulances – are being dispatched. “Given the recent loss of life, and the extent of the horror, no further delay can be tolerated.” For the last 12 months, Judge Armitage has been investigating the deaths of four Aboriginal women in the Northern Territory: Kumarn Rubuntja, Kumanjayi Haywood, Ngeygo Ragurrk and Miss Yunupiŋu. Judge Armitage read out the horrific stories of these women and the years of violence and abuse they endured before their untimely deaths. “This is not just an unfolding tragedy for those families most directly affected,” Judge Armitage said. “It is an existing tragedy for our community and our agencies and institutions that work to serve our community. It affects the Norther Territory every single day.” Aboriginal and Torres Strait Islander women are disproportionately affected by violence: they are 31 times more likely to be hospitalised, and eight times more likely to die from DFSV, than non-Indigenous women. It’s even worse in the Northern Territory, which has the highest rates of DFSV in the country. In fact, the Northern Territory’s rate of intimate partner homicide is seven times that of the national average. Since the year 2000, DFSV has taken the lives of 87 women in the Northern Territory – 82 of these women are First Nations women. According to police, there has been a 117 per cent increase of DFSV in the last 10 years, and they project it will increase another 73 per cent in the decade to come. Judge Armitage said that since June this year, eight Indigenous women, and one sister-girl, have died allegedly from DFSV. “Statistics are numbers, but the people they count are not,” Judge Armitage said. “All of these women were daughters and sisters and aunties, and some of them were mothers. Together, their stories help us understand the nature of the problem.” In Judge Armitage’s report, one of the key recommendations from the 35 included a major boost in funding, especially to frontline services, emergency service responders and women’s shelters. Earlier this year, a Senate inquiry into the high rates of missing and murdered First Nations women and children in the Northern Territory heard from several advocacy and legal organisations funding for frontline services is: the Senate committee heard that the NT receives just 1.8 per cent of Australia’s domestic violence funding, despite having some of the worst domestic and family violence rates not just in the country, but around the world. Other recommendations from Judge Armitage included establishing a peak body that would represent and advocate for the sector on a national level, as well as a rollout of specialist training for frontline workers – like healthcare workers and police – delivered by experts in the space. The NT government is yet to respond to Judge Armitage’s recommendations.Metairie, La., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Magnolia Bancorp, Inc. (the “Company”), a newly formed Louisiana corporation which will be the holding company for Mutual Savings and Loan Association (the “Association”), announced today that the Association’s members approved the plan of conversion pursuant to which the Association will convert from a federally chartered mutual savings and loan association to a federally chartered stock savings association and the transactions provided for in such plan of conversion, including the adoption of a new federal stock Charter and new Bylaws for Mutual Savings and loan association. The Company also announced that the subscription and community offering closed on December 17, 2024 at 1:00 p.m., Central Time. The Company is currently processing the orders and will provide additional information as soon as it is available. The number of shares to be sold in connection with the conversion and stock offering will be based on a final appraisal and receipt of final regulatory approvals. The stock offering and the simultaneous mutual-to-stock conversion of the Association are expected to close in early to mid-January 2025, subject to final regulatory approvals and the satisfaction of customary closing conditions. The Company will provide more information as soon as it is available. The Company’s common stock is expected to be quoted on the OTCQB Market. The Stock Information Center will be confirming order fulfillment information after all final approvals are received. Other information regarding the subscription and community offerings may be obtained by contacting the Stock Information Center at 1-877-643-8217. Generally, the Stock Information Center is open Monday through Friday, between 9:00 a.m. and 3:00 p.m., Central Time; however, with the upcoming holidays the Stock Information Center hours will vary. Normal hours of operation will resume on January 2, 2025. Keefe, Bruyette & Woods, A Stifel Company, acted as selling agent in the subscription and community offerings, and served as financial advisor to the Company and the Association in connection with the conversion. Silver, Freedman, Taff & Tiernan LLP acted as legal counsel to the Company and the Association. About Mutual Savings and Loan Association The Association was founded in 1885 and serves the banking needs of customers in its market area, which primarily consists of Jefferson and St. Tammany Parishes in Louisiana. The Association operates from its headquarters and main banking office in Metairie, Louisiana, as well as one additional full service branch office located in St. Tammany Parish on the north shore of Lake Pontchartrain in Mandeville, Louisiana. Its primary business activity is attracting deposits from the general public and using those funds primarily to originate one- to four-family residential loans, residential construction loans and home equity lines of credit. At September 30, 2024, the Association had total assets of $35.1 million, total deposits of $20.4 million and equity of $14.0 million. Magnolia Bancorp, Inc. will become the holding company for the Association upon completion of the conversion and stock offering. Forward-Looking Statements This press release and the Company’s prospectus for the offering contain forward-looking statements, which can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect,” “will,” “would,” “should,” “could” or “may,” and words of similar meaning. These forward-looking statements include statements of the Company’s goals, intentions and expectations; statements regarding the Company’s business plans, prospects, growth and operating strategies; statements regarding the quality of the Company’s loan portfolio; and estimates of the Company’s risks and future costs and benefits. These forward-looking statements are based on current beliefs and expectations of the Company’s management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company’s control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to: the failure to obtain the final approval of the OCC for the proposed conversion and related stock offering, delays in obtaining such approval, or adverse conditions imposed in connection with such approval; those related to the real estate and economic environment, particularly in the market areas in which the Association operates; fiscal and monetary policies of the U.S. Government; changes in government regulations affecting financial institutions, including regulatory compliance costs and capital requirements; fluctuations in the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans; operational risks including, but not limited to, cybersecurity, fraud and natural disasters; the risk that the Company and the Association may not be successful in the implementation of their business strategy; changes in prevailing interest rates; credit risk management; asset-liability management; and other risks described in the Company’s filings with the Securities and Exchange Commission, which are available at the SEC’s website, www.sec.gov . The Company cautions undue reliance on any such forward looking statements, which speak only as of the date made. The Company disclaims any obligation to publicly release any revision made to any forward-looking statement to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. This press release is neither an offer to sell nor an offer to buy shares of common stock of the Company. The Company has filed with the SEC a registration statement for the offering to which this press release relates as well as the final prospectus, dated November 8, 2024, for the subscription and community offerings. Before you invest, you should read that prospectus and other documents the Company has filed with the SEC for more complete information about the Company and the stock offering. You may obtain these documents for free by visiting EDGAR on the SEC web site at www.sec.gov . The shares of common stock of the Company are not deposits or savings accounts and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.US President-elect Donald Trump's promise to impose a 60% tariff on imports from China and a 10-20% tariff on all other imports has triggered a public debate about whether such policies are really so bad. After all, a tariff is a consumption tax, and most economists favour taxes on consumption over income taxes. But tariffs have significant drawbacks. Since they tax only imported products, they distort markets by shifting resources from more efficient foreign producers to less efficient domestic firms. This inefficiency comes at the expense of consumers, and like most consumption taxes, tariffs are regressive, placing a heavier burden on low-income households. Still, tariffs do have political appeal. Critics of globalisation in advanced economies have long argued that the efficiency gains from recent decades of trade liberalisation have been modest relative to the disruptions caused. While US consumers benefited from lower prices on imported goods, particularly from China, these widely dispersed gains were less salient than the concentrated pain of factory closures and job losses in regions exposed to import competition. The problem with such arguments is that they ignore the current macroeconomic context. Inflation over the last three years has increased consumer sensitivity to price changes. Voters today will be far more attuned to the inflationary pressures of tariffs than they were in the past. While proponents of new tariffs claim that China would bear the brunt of the financial burden, the evidence from the 2018-19 tariffs shows otherwise: US consumers bore most of the cost. Even if US prices remained unchanged, unintended consequences could follow. If broad-based tariffs led to a sharp depreciation of China's currency, the stronger dollar would make Chinese imports relatively cheaper. This may partly offset the higher prices caused by tariffs, but it would undermine the original goal of making US manufacturing more competitive. Meanwhile, the stronger dollar would hurt US exports, worsening the trade deficit. This suggests that the multiple goals currently advertised for tariffs -- reshoring manufacturing, reducing the trade deficit, generating revenue, lessening America's reliance on China, and forcing China into negotiations, all while minimising the impact on consumers -- often conflict with one another. This is because tariffs affect the US economy through prices. To boost US competitiveness or reduce the deficit, tariffs must raise import prices -- a politically toxic outcome today. Reducing America's reliance on China is also complex, given that Chinese-made intermediates are embedded in many goods exported to the US from third countries. Since 2018-19, China and several "bystander" countries have registered robust export growth despite tariffs. The proposed new tariffs might affect only direct Chinese exports to the US, not to other countries. The argument for tariffs as a revenue-generating mechanism is interesting and novel (in the sense that it has not been used for many centuries). But it does not hold up. Tariffs cannot possibly replace income taxes as a source of revenue: the scale of the income tax base is roughly an order of magnitude larger than the scale of imports. Still, tariffs could generate some government revenue, with China potentially bearing part of the cost. If used as a short-term negotiating tactic, they could apply some economic pressure on China. Strengthening the United States' negotiating leverage is the most compelling argument for tariffs. The 2018-19 tariffs led to the "phase one" agreement, a planned de-escalation in exchange for Chinese commitments to import more from the US and address concerns about intellectual property and technology transfers. But the 2018-19 tariffs were far from cost-free. They poisoned US-China relations, escalated tensions, pushed China into an alliance with Russia and Iran, and fueled anti-Asian sentiment domestically. They eroded America's relationships with allies who were not consulted and who found themselves also targeted by specific tariffs. And when all was said and done, the phase one deal's full impact was never realised. The disruption to trade from the pandemic meant that China fell far short of its commitments to purchase goods from the US. Today's tariff proposals risk repeating history, only on a grander scale. The incoming administration will face a wary, inflation-sensitive public and a Chinese regime that is well prepared to pursue large-scale retaliation. Whether tariffs become a negotiating tool or a source of greater economic disruption depends on how the administration balances competing objectives. Reason and strategic foresight will be crucial. ©2024 Project Syndicate Pinelopi Koujianou Goldberg, a former World Bank Group chief economist and editor-in-chief of the American Economic Review, is Professor of Economics at Yale University.
Iowa's O hopes to stay hot vs. defense-minded Northwestern