Feds suspend ACA marketplace access to companies accused of falsely promising ‘cash cards’North Texas — already home to many next-generation aviation companies, including those in north Fort Worth’s booming Alliance hub — is being considered for a new multimillion federal center for advanced aviation technology. The Federal Aviation Administration sent a request for information for its planned Center for Advanced Aviation Technologies to the Arlington-based North Central Texas Council of Governments, the agency’s transportation director Michael Morris told local elected and appointed officials at a meeting late last week. The federal agency is currently seeking input for the planned research and testing center, authorized under the FAA Reauthorization Act of 2024 approved by Congress and signed by President Joe Biden in May. The legislation, co-sponsored by U.S. Sens. Ted Cruz, R-Texas, and Maria Cantwell, D-Washington, as well as two other senators, will provide $4 billion each year for airport infrastructure projects that increase safety and capacity. The Center for Advanced Aviation Technologies is also intended to increase integration of advanced air mobility and other emerging aviation services, such as air taxis and vertical-lift aircraft, into the National Airspace System. “This is the first step of a procurement process,” Morris told members of the Regional Transportation Council on Thursday afternoon. “They’re looking at tens of millions of dollars to create a center of advanced aviation technology. We’re hearing a lot of whispering that they would like to potentially have that in the Dallas-Fort Worth region, so we’re giving you a heads-up that that work is being put together and the partnership (is) being put together through Tier 1 universities and our aviation system.” The Regional Transportation Council, an independent policy council composed of elected and appointed members from Tarrant, Dallas, Denton and several other surrounding counties, could address the proposal with its support in the future, Morris said. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. “To get ready for that, we’ll have the appropriate action on your agenda at an appropriate time,” he said. “We wanted to give you advanced notice on that.” The FAA’s Southwest regional headquarters is located at 10101 Hillwood Parkway in north Fort Worth near Perot Field Fort Worth Alliance Airport. That office partners with federal, state and local governments to promote aviation safety and education across Texas, New Mexico, Oklahoma, Arkansas and Louisiana. The office also addresses airspace and procedure modernization, runway safety, aviation workforce development, finance, information technology, policy, human resources and civil rights. The Alliance airport has attracted several advanced aviation companies, including AVX Aircraft Co., which plans to design, test and build unmanned aircraft for military and commercial uses . AVX recently relocated from a small office in Benbrook to a larger, modern facility at Perot Field Fort Worth Alliance Airport to grow the company specializing in advanced vertical-lift technology. Cruz has championed bringing the advanced aviation center to Texas and hosted a roundtable discussion on the topic at Dallas Executive Airport on Aug. 30. Representatives from 11 aviation-related companies, including Southwest Airlines and Amazon, participated as well as those from Texas A&M University and the system’s Autonomy Research Institute in Corpus Christi. “Texas continues to lead the way in the aviation sector — it’s why I am advocating for the center to be based in the Lone Star State,” Cruz posted on the X social media platform at the time. Cruz said companies in the state including commercial carriers, spaceflight, drones and more spotlight that “Texas continues to be on the forefront of flight.” The legislation, Cruz said, “delivers significant wins for Texas and the hundreds of thousands of Texans who work in aerospace.” “The new law,” he added, “also establishes an advanced aviation center for testing and approving futuristic aircraft, like air taxis, that Texas is well-positioned to host.” In August, Gov. Greg Abbott appointed nine people, including Southlake resident Kevin Cox, CEO of Ferrovial Vertiports, to the state’s Aerospace and Aviation Advisory Committee.The committee assists in Texas’ economic development efforts to recruit and retain aerospace and aviation jobs and investments in the state. The FAA said its requests for information will help inform the aviation industry of the agency’s intent to implement a CAAT airspace laboratory, flight demonstration zones and testing corridors to support testing and advancement of advanced air mobility. The survey will help the agency assess estimated costs and the level of interest and capabilities of qualified industry, academic, research and government entities. The council of governments said the University of Texas at Arlington, University of North Texas in Denton, Southern Methodist University in Dallas and the Richardson-based University of Texas at Dallas are involved in the procurement process for the FAA center. Input for information requests must be submitted by 6 p.m. Jan. 6, the FAA said. Eric E. Garcia is a senior business reporter at the Fort Worth Report. Contact him at eric.garcia@fortworthreport.org . At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Eric E. Garcia, Fort Worth Report December 16, 2024
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Rookie of the Year Carson Hocevar to Carry Zeigler Livery for Multi-Race Program KALAMAZOO, Mich. , Dec. 16, 2024 /PRNewswire/ -- Zeigler Automotive Group, one of the largest privately-owned automotive dealer groups in the United States , will return to Spire Motorsports to partner with Michigan native and reigning NASCAR Cup Series Rookie of the Year Carson Hocevar for multiple races in 2025. The announcement was made today during a press conference hosted at Zeigler Motorsports in Kalamazoo . The event also included a fan meet and greet with Hocevar. "We are very excited for the 2025 season with Carson and the Spire team," said Aaron J. Zeigler, president and CEO of Zeigler Auto Group and Zeigler Racing. "This past year has been nothing short of incredible, with Carson earning the well-deserved Rookie of the Year award. His performance on the track has exceeded all expectations, and if this past year is any indication of what's to come, we're in for an exciting ride. Carson's commitment to excellence, both on and off the track, has made a tremendous impact, and we are honored to continue to support our hometown hero. His dedication to the community has been inspiring, and we can't wait to see what's next for Carson, Zeigler , and the entire Spire team." Zeigler.com and Zeigler Auto Group will be showcased as the team's primary sponsor in eight Cup Series races in 2025 beginning with the first points-paying race of the season Feb. 16 at Daytona International Speedway. The distinct yellow and black Zeigler paint scheme will be featured aboard Hocevar's No. 77 Chevy Camaro at the following races in 2025: Zeigler Automotive Group is one of the largest privately-owned dealer groups in the U.S. with 84 franchises across 41 locations in Wisconsin , Illinois , Indiana , and Michigan . Vehicle brands represented include all the domestic and majority of the imported manufacturers. The family-owned and -operated organization has been a regular on the Cup Series tour since 2019. Hocevar, 21, earned top 2024 rookie honors on the strength of one top-five, six top-10 and 13 top-15 finishes. In his first full-season at the controls of the No. 77 Chevrolet, Hocevar brought home a career-best third-place finish in the Cup Series' September visit to Watkins Glen (N.Y.) International. "I'm excited to continue our partnership with Zeigler Automotive Group after a successful rookie season," said Hocevar. "They've been such a great support group since day one for me and the No. 77 team. I'm looking forward to continuing to build our partnership on and off the track and can't wait to take the Zeigler Chevrolet to Victory Lane." The Portage, Mich. , native impressed throughout his rookie campaign, accumulating 686 points and being the top-finishing rookie in 15 races on NASCAR's senior circuit. He out-distanced his next closest competitor by a handsome 107-point advantage when the checkered flag fell on the 2024 season finale at Phoenix Raceway. The 21-year-old made his NCS debut for Spire Motorsports on June 4, 2023 at World Wide Technology Raceway. In addition to his NCS debut, Hocevar made four NASCAR Xfinity Series starts for Spire Motorsports in 2023, earning top-10 finishes at Darlington Raceway (sixth) and Charlotte Motor Speedway (eighth). Hocevar is the third Michigan -born driver to win Cup Series Rookie of the Year honors, following in the footsteps of Johnny Benson (1996) and Erik Jones (2017). The 67th running of the Daytona 500 will be televised live on FOX, Sunday, Feb. 16 beginning at 2:30 p.m. Eastern Standard Time and will also be the first NASCAR event streamed live on Amazon Prime. The first of 36 points-paying races on the 2025 NCS schedule will be broadcast live on the Motor Racing Network and SiriusXM NASCAR Radio Channel 90. About Zeigler Auto Group Zeigler Automotive Group is one of the largest privately-owned dealer groups in the U.S. with 84 franchises across 41 locations in Wisconsin , Illinois , Indiana , and Michigan . Vehicle brands represented include all of the domestic and the majority of the imported manufacturers. Besides its extensive automotive portfolio, the organization owns and operates Zeigler Motorsports, an 85,000-square-foot motorsports dealership and action park, offering 19 different powersports brands, plus its own onsite restaurant: Trak Houz Bar & Grill. Additionally, Zeigler Motorsports houses the Elevate Leadership & Team Building Academy, an executive training company. The Kalamazoo -based dealer group also owns and operates Zeigler Pre-Owned of Chicago , three Byrider franchises, three finance companies, several insurance firms, and a leasing firm. Founded in 1975, the organization employs over 2,500 people, ranking among the top one percent of automotive dealers in the nation with estimated annual sales of $2.2 billion for 2023. The family-owned and operated company is well known for its commitment to both customer service and employee satisfaction. Zeigler is regularly recognized as one of the Best and Brightest Companies to Work for in the Nation, also earning similar accolades in Wisconsin , Chicago , and Michigan . Besides these prestigious accolades, Zeigler is also one of Glassdoor's 100 Best Places to Work in the U.S. for 2024, and among Glassdoor's top 10 U.S. companies for work-life balance. For more information, please visit zeiglerracing.com or follow us on @zeigler_racing on Facebook, X, Instagram, and Linkedin. About Spire Motorsports Spire Motorsports is a NASCAR Cup Series and NASCAR CRAFTSMAN Truck Series race team co-owned by long-time NASCAR industry executives Jeff Dickerson and Thaddeus "T.J." Puchyr. In 2024, Spire Motorsports campaigned the Nos. 7, 71 and 77 Chevrolets in the NASCAR Cup Series. The team also fielded the Nos. 7, 71 and 77 Chevrolet Silverados full time in the CRAFTSMAN Truck Series. Spire Motorsports earned its inaugural NASCAR Cup Series victory in its first full season of competition when Justin Haley took the checkered flag in the Coke Zero Sugar 400 at Daytona (Fla.) International Speedway on July 7, 2019 . Less than three years later, William Byron drove Spire Motorsports' No. 7 Chevrolet Silverado to its inaugural NASCAR CRAFTSMAN Truck Series win on April 7, 2022 at Martinsville (Va.) Speedway. The team's most recent win came on April 12, 2024 , when Kyle Busch took the checkered flag in the SpeedyCash.com 250 at Texas Motor Speedway in Fort Worth . MEDIA CONTACT: Francis Mariela (Zeigler PR) - (239) 273-6976 fm@zeigler.com / letswork@francismariela.com View original content to download multimedia: https://www.prnewswire.com/news-releases/zeigler-auto-group-announces-2025-nascar-cup-series-campaign-with-spire-motorsports-at-press-conference-302333059.html SOURCE Zeigler Automotive GroupElectromed Stock Soars to All-Time High of $30.17 Amidst Robust GrowthWatchdogs target shadowy PAC with potential leftwing ties that worked to sabotage GOP candidates
Swiss National Bank decreased its holdings in WillScot Mobile Mini Holdings Corp. ( NASDAQ:WSC – Free Report ) by 1.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 369,193 shares of the company’s stock after selling 4,500 shares during the period. Swiss National Bank’s holdings in WillScot Mobile Mini were worth $13,882,000 at the end of the most recent reporting period. A number of other hedge funds also recently made changes to their positions in the business. V Square Quantitative Management LLC bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter worth about $25,000. Hexagon Capital Partners LLC grew its holdings in shares of WillScot Mobile Mini by 200.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after purchasing an additional 600 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter worth about $36,000. Summit Securities Group LLC bought a new stake in shares of WillScot Mobile Mini in the 2nd quarter worth about $56,000. Finally, CWM LLC grew its holdings in shares of WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after purchasing an additional 728 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock. Analyst Ratings Changes Several research firms have recently weighed in on WSC. Oppenheimer lowered their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Barclays lowered their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. DA Davidson decreased their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Bank of America decreased their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, Baird R W lowered shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $45.00. WillScot Mobile Mini Stock Up 2.4 % Shares of NASDAQ WSC opened at $36.30 on Friday. The firm has a market capitalization of $6.71 billion, a PE ratio of 330.00, a price-to-earnings-growth ratio of 2.12 and a beta of 1.37. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a 1 year low of $32.71 and a 1 year high of $52.16. The firm’s 50-day moving average is $37.68 and its 200-day moving average is $38.15. WillScot Mobile Mini ( NASDAQ:WSC – Get Free Report ) last issued its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The business had revenue of $601.43 million during the quarter, compared to the consensus estimate of $617.83 million. WillScot Mobile Mini had a net margin of 1.05% and a return on equity of 23.97%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the business posted $0.46 EPS. Equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.53 EPS for the current year. Insider Activity In other news, CEO Bradley Lee Soultz purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were acquired at an average cost of $36.38 per share, for a total transaction of $181,900.00. Following the transaction, the chief executive officer now directly owns 144,686 shares of the company’s stock, valued at approximately $5,263,676.68. The trade was a 3.58 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link . Also, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares in the company, valued at $905,859.97. This represents a 35.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders have acquired 20,000 shares of company stock valued at $728,750. 3.30% of the stock is currently owned by insiders. WillScot Mobile Mini Company Profile ( Free Report ) WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers. See Also Want to see what other hedge funds are holding WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Mobile Mini Holdings Corp. ( NASDAQ:WSC – Free Report ). 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A judge on Monday rejected a request to block a women’s volleyball team member from playing in a conference tournament on grounds that she is transgender. Monday’s ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to continue competing in the Mountain West Conference women’s championship scheduled for later this week in Las Vegas. The ruling comes after a lawsuit was filed by nine current players who are suing the Mountain West Conference to challenge the league’s policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and neither San Jose State nor the forfeiting teams have confirmed the school has a trans women’s volleyball player. The Associated Press is withholding the player’s name because she has not publicly commented on her gender identity. School officials also have declined an interview request with the player. Judge Crews referred to the athlete as an “alleged transgender” player in his ruling and noted that no defendant disputed that San Jose State rosters a transgender woman volleyball player. He said the players who filed the complaint could have sought relief much earlier, noting that the individual universities had acknowledged that not playing their games against San Jose State this season would result in a forfeit in league standings. He also said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 – making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season’s awareness of her identity among some players, pundits, parents and politicians in a political campaign year. The tournament starts Wednesday and continues Friday and Saturday. San Jose State is seeded second. The judge's order maintains the seedings and pairings for the tournament. Several teams refused to play against San Jose State during the season, earning losses in the official standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada’s players stated they “refuse to participate in any match that advances injustice against female athletes,” without providing further details. Crews served as a magistrate judge in Colorado’s U.S. District Court for more than five years before President Joe Biden appointed him to serve as a federal judge in January of this year. Gruver reported from Cheyenne, Wyoming, and Hanson from Helena, Montana.Sparkling 30-foot crab trap Christmas tree erected at Prince Rupert's Winterfest
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Is this the time Nebraska gets past Wisconsin? The teams have played three straight one-score games, each won by the Badgers. Amie Just, columnist: Ty Robinson. Luke Mullin, reporter: Robinson spends the whole game in the Wisconsin backfield, finishing with two sacks and even more quarterback pressures. Nate Head, editor: Let's say Isaac Gifford, the Lincoln native, comes down with his first interception of the season. Just: Emmett Johnson. Mullin: It's another week of Johnson leading the way, though Dante Dowdell takes over inside the red zone. Head: Johnson has had two games with at least 10 carries this season. He gets his third Saturday. Just: The final buzzer. Mullin: It'll be a one-score game to the end, but a stop from the Nebraska defense with two minutes left seals the win. Head: Late. Wisconsin scores a go-ahead touchdown with four minutes left in the game, and Nebraska's ensuing drive ends in a turnover. Just: Keelan Smith. Mullin: Freshman wide receiver Quinn Clark gets his shot and records a catch too. Head: Clark seems like the obvious choice so I'll mix it up: Carter Nelson. Just: Under. Mullin: Under. Head: Under. Just: Under. Mullin: Over. Head: Under. Just: Under. Mullin: Over. Head: Over. Just: Over. Mullin: Over. Head: Over. Just: Under. Mullin: Under. Head: Under. Get local news delivered to your inbox!Upstream Bio, Inc. ( NASDAQ:UPB – Get Free Report ) shares fell 3% on Thursday . The company traded as low as $18.15 and last traded at $18.81. 4,187 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 356,755 shares. The stock had previously closed at $19.40. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. initiated coverage on shares of Upstream Bio in a research note on Tuesday, November 5th. They set an “overweight” rating and a $38.00 price target for the company. William Blair initiated coverage on Upstream Bio in a research report on Tuesday, November 5th. They issued an “outperform” rating for the company. TD Cowen began coverage on Upstream Bio in a research report on Tuesday, November 5th. They set a “buy” rating on the stock. Finally, Piper Sandler assumed coverage on Upstream Bio in a report on Tuesday, November 5th. They issued an “overweight” rating and a $75.00 price objective for the company. Get Our Latest Report on Upstream Bio Upstream Bio Trading Down 1.3 % Upstream Bio ( NASDAQ:UPB – Get Free Report ) last posted its earnings results on Thursday, November 7th. The company reported ($6.96) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.58) by ($6.38). The business had revenue of $0.61 million during the quarter, compared to analysts’ expectations of $0.83 million. On average, equities analysts predict that Upstream Bio, Inc. will post -4.3 EPS for the current year. Insider Buying and Selling at Upstream Bio In other news, Director Erez Chimovits purchased 825,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of $17.00 per share, with a total value of $14,025,000.00. Following the completion of the acquisition, the director now owns 4,554,873 shares in the company, valued at $77,432,841. This trade represents a 22.12 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink . Also, major shareholder Ai Upstream Llc acquired 1,175,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was acquired at an average price of $17.00 per share, for a total transaction of $19,975,000.00. Following the transaction, the insider now directly owns 1,175,000 shares of the company’s stock, valued at $19,975,000. This represents a ∞ increase in their position. The disclosure for this purchase can be found here . Upstream Bio Company Profile ( Get Free Report ) Upstream Bio, Inc, a clinical-stage biotechnology company, develops treatments for inflammatory diseases that focuses on severe respiratory disorders. It develops verekitug, a monoclonal antibody that targets and inhibits the thymic stromal lymphopoietin receptor. The company also develops therapies to treat severe asthma, chronic rhinosinusitis with nasal polyps, and chronic obstructive pulmonary disease. See Also Receive News & Ratings for Upstream Bio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upstream Bio and related companies with MarketBeat.com's FREE daily email newsletter .