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George Soros Fined by Hong Kong Authorities For Short Selling

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George Soros has been fined by authorities in Hong Kong for bare brief promoting – the unlawful follow of brief promoting shares that haven’t been affirmatively decided to exist.

Hong Kong’s securities regulator fined Soros Fund Administration HK$1.5 million ($192,000) for a 2015 commerce involving a bonus share concern of Nice Wall Motor Co.

Newsmax.com studies: “The SFC considers that SFM not solely didn’t act with due ability, care and diligence in dealing within the bonus shares, but in addition didn’t diligently supervise its workers members and implement ample and efficient programs and controls to make sure compliance with the brief promoting necessities,” it mentioned.

The Chinese language automaker introduced the bonus share concern in August 2015. Soros Fund Administration’s native unit, generally known as SFM HK Administration Ltd., was notified by its custodian that it was entitled to 1.6 million bonus shares on account of already proudly owning 808,000 Nice Wall Motor shares.

The household workplace’s commerce assist staff booked the 1.6 million shares to be allotted into its buying and selling system with out separating them right into a restricted account, as required by inner coverage. In consequence, its system indicated it had 2.four million Nice Wall Motor shares obtainable for buying and selling when solely a 3rd of that was eligible for buying and selling then, the SFC assertion mentioned.

The misguided data led its portfolio managers to position an order to promote 2.four million Nice Wall Motor shares on Oct. 2, 2015, making it 1.6 million shares brief.

The incident was the second over 5 years, but there was no proof that the agency acted in unhealthy religion and it in any other case had a clear report, the SFC mentioned. SFM HK has taken measures to boost inner controls and programs, the SFC mentioned.

Soros is now not actively concerned within the agency’s operations. Many of the agency’s belongings beneath administration now belong to his Open Society Foundations, after he transferred the majority of his wealth there.

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Mahesh is leading digital marketing initiatives at RecentlyHeard, a NewsFeed platform that covers news from all sectors. He develops, manages, and executes digital strategies to increase online visibility, better reach target audiences, and create engaging experience across channels. With 7+ years of experience, He is skilled in search engine optimization, content marketing, social media marketing, and advertising, and analytics.

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Pelé in “semi-intensive” care, daughter says he’s doing well

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Pelé in “semi-intensive” care, daughter says he’s doing well

SAO PAULO — Brazilian soccer great Pelé “took a little step back” in his recovery from surgery to remove a tumor from his colon but he is “recovering well” at a Sao Paulo hospital, his daughter Kely Nascimento said Friday.

However, the Albert Einstein hospital said the 80-year-old Edson Arantes do Nascimento had returned to intensive care after “a brief breathing instability” Thursday night. Pelé was currently stable in “semi-intensive” care, the hospital said, and he “continues recovering.” It did not give further details.

Kely Nascimento posted a picture Friday with her father on Instagram which she said she had just taken in his room at the Albert Einstein hospital.

“He is recovering well and within normal range. Promise!” Kely Nascimento said. “The normal recovery scenario for a man of his age after an operation like this is sometimes two steps forward and one step back. Yesterday he was tired and took a little step back.”

“Today he took two forwards!” she added, without giving more details.

The hospital had not previously issued a new statement on Pelé’s health since Tuesday, when he was removed from intensive care.

Later Pelé confirmed on social media that he is feeling well and that he had been visited by family members during the day.

“I continue to smile every day. Thank you for all the love I get from you,” Pelé said.

The tumor was found when Pelé went for routine exams at the end of August. His surgery took place on Sept. 4.

Pelé won the 1958, 1962 and 1970 World Cups, and remains Brazil’s all-time leading scorer with 77 goals in 92 matches.

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Battenfeld: Democrats desperate to revive Donald Trump slime Annissa Essaibi-George

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Battenfeld: Democrats desperate to revive Donald Trump slime Annissa Essaibi-George

Like CNN on a slow news day, Boston Democrats and the media are desperate to revive Donald Trump — this time sliming one of the mayoral candidates who has no connection at all to the former president.

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Indianapolis holds Saints to three hits in 2-0 victory

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Indianapolis holds Saints to three hits in 2-0 victory

Miguel Yajure pitched six scoreless innings, and Bligh Madris and Ethan Paul each drove in a run as host Indianapolis rebounded from an 8-0 loss on Thursday with a 2-0 victory over the St. Paul Saints on Friday at Victory Field.

The victory snapped the Saints’ three-game winning streak. Four Indians pitchers held the Saints to three hits by Jose Miranda, Damek Tomscha and Drew Stankiewicz.

Edgar Garcia (4-1) surrendered both runs on three hits and three walks in two innings to earn the loss. Jason Garcia started for the Saints and pitched four scoreless innings, surrendering four hits and a walk. He struck out one.

Tyler Bashlor walked two and fanned two in the ninth inning to earn his seventh save. Bligh doubled home Michael Chavis in the bottom of the fifth inning. Paul singled home BJ Boyd in the sixth inning.

The teams meet Saturday at 6 p.m. for the fifth game of the six-game series.

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Pandemic led to ‘alarming’ increase in obesity in kids, study finds

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Pandemic led to ‘alarming’ increase in obesity in kids, study finds

(Getty Images)

NEW YORK (AP) — A new study ties the COVID pandemic to an “alarming” increase in obesity in U.S. children and teenagers.

Childhood obesity has been increasing for decades, but the new work suggests an acceleration last year — especially in those who already were obese when the pandemic started.

The results signal a “profound increase in weight gain for kids” and are “substantial and alarming,” said one of the study’s authors, Dr. Alyson Goodman of the Centers for Disease Control and Prevention.

It’s also a sign of a vicious cycle. The pandemic appears to be worsening the nation’s longstanding obesity epidemic, and obesity can put people at risk for more severe illness after coronavirus infection.

The CDC on Thursday released the study, which is the largest yet to look at obesity trends during the pandemic.

Findings:

—An estimated 22% of children and teens were obese last August, up from 19% a year earlier.

—Before the pandemic, children who were a healthy weight were gaining an average of 3.4 pounds a year. That rose to 5.4 pounds during the pandemic.

—For kids who were moderately obese, expected weight gain rose from 6.5 pounds a year before the pandemic to 12 pounds after the pandemic began.

—For severely obese kids, expected annual weight gain went from 8.8 pounds to 14.6 pounds.

The rate of obesity increased most dramatically in kids ages 6 to 11, who are more dependent on their parents and may have been more affected when schools suspended in-person classes, the researchers said.

The research was based on a review of the medical records of more than 432,000 kids and teens, ages of 2 to 19, who were weighed and measured at least twice before the pandemic and at least once early in the pandemic.

Some limitations: It only included children who got care before and during the pandemic, the researchers said. And it also did not offer a look at how obesity trends may have differed between racial and ethnic groups.

Earlier this week, the CDC said the number of states in which at least 35% of residents are obese increased last year by four.

Delaware, Iowa, Ohio and Texas joined the list. In 2019, there were 12 states — Alabama, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia.

Those results was based on surveys where adults described their own height and weight, and are not as accurate as medical records.

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Balloon Glow lights up in Forest Park

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Balloon Glow lights up in Forest Park

ST. LOUIS– The Balloon Glow will take place this evening at the recently renovated Emerson Central Fields in Forest Park.

The balloons will glow from dusk to 9 p.m. Fireworks cap off the night at 9:15 p.m. Bommarito Automotive Skyfox will be over the scene.

The festival and race of 50 balloons are on Saturday. Central Fields opens at Noon with live music, great food, the Purina Pro Plan Performance dogs, and family activities. Skydivers perform at 3 p.m. The race is on at 4:30 with the launch on the “hare” balloon. The hound balloons give chase at 4:45 p.m.

Where the balloons will end up depends on the weather, which looks great for the weekend. Winds on Saturday are expected out of the northeast, so look for the balloons to drift south and west of Forest Park.

FOX 2 and News 11 are proud sponsors of the event.

Learn more: www.greatforestparkballoonrace.com

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Second STEM School shooter sentenced to life without parole for murder of Kendrick Castillo

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Second STEM School shooter sentenced to life without parole for murder of Kendrick Castillo

The schoolchildren who walked into STEM School Highlands Ranch on May 7, 2019, fled the school later that day with night terrors, anxiety and panic attacks.

Provided by Maria Castillo via Instagram

Kendrick Castillo

Because two students opened fire in room 107 that day, there are 20-year-olds who are afraid of the dark. It reminds them too much of the dark classrooms they huddled in and listened to gunfire as high school students.

Some never returned to school, or are afraid to leave their houses.

“I know what it’s like to get phantom pains in your leg because you were shot,” Joshua Jones, one of the students in room 107 that day, said during his attacker’s sentencing Friday. “I know so much more than I should for someone my age.”

After more than two years of court proceedings, a judge in Douglas County on Friday sentenced Devon Erickson, the second of two gunmen, to a mandatory sentence of life without parole for killing 18-year-old Kendrick Castillo and wounding eight others in the school shooting that traumatized a community.

Kendrick’s father, John Castillo, said the final court proceeding has provided a little bit of closure.

“It’s bittersweet,” he said. “It’s cathartic. But when we go home the house will still be empty.”

For more than three hours Friday, the students, teachers and parents traumatized that day told Douglas County District Court Judge Theresa Slade how the two shooters irrevocably change their lives.

Students spoke of passing pools of blood on the floor and stepping on shattered glass as they fled. Some still feel guilt that they survived while Castillo did not, or felt that they should’ve done more to save him. Even though they recognize it’s not rational, it’s still there.

Students recalled texting and calling their mothers to tell them they loved them and that they might die. Mothers remembered the blind panic that followed those messages and, in some cases, waiting hours before knowing their child was alive.

“There will never be an easy way to say the words: I was in a school shooting,” one former student wrote in a letter read by her mother.

One student said he has flashbacks when doing quadratic equations because that’s what he was doing as an eighth-grader when the gunfire began. Lauren Harper, the teacher in the room where the shooting happened, said she still has two nightmares from that day — one of the shooters pulling out the guns and one of learning that Kendrick was dead.

“I have seen the holes not only in my classroom but also in the bodies of my students,” she said. “I see a grave where I should see a young engineer.”

1631941214 507 Second STEM School shooter sentenced to life without parole for

Andy Cross, The Denver Post

STEM School Highlands Ranch teacher Lauren Harper talks to the press after STEM School shooter Devon Erickson was sentenced to life in prison without parole at the Robert Christensen Justice Center Sept. 17, 2021. Erickson and a co-conspirator opened fire in the STEM School in May of 2019, killing student Kendrick Castillo and wounding several others in Harper’s classroom. Castillo died trying to protect other students in the shooting.

Kalissa Braga, a mother of two of students, said she was in the school volunteering when the shooting happened. She hid in a bathroom with an infant she was nannying and her 5-year-old child, wedging the children between the toilet and the sink in hopes they would offer protection in case bullets pierced the walls.

For weeks after the shooting, her 5-year-old would repeat the school’s lockdown announcement — “locks, lights, out of sight” — without knowing what it meant. On a later trip to Home Depot, the little girl saw broken glass on the floor and hid because she’d walked through broken glass the day of the shooting and thought it meant there had been another one.

A jury in June convicted Erickson of nearly four dozen charges, including three counts of first-degree felony murder for killing classmate Castillo. He was also convicted of 31 attempted-murder charges, along with a variety of lesser charges including arson, theft, possessing a weapon on school grounds, criminal mischief, burglary, and reckless endangerment.

In addition to life without parole, Slade on Friday sentenced Erickson to 1,282 years in prison.

George Brauchler, former district attorney for the 18th Judicial District and special prosecutor on the case, said the sentence is likely the longest ever recorded in Douglas County. Every year is warranted, he said.

“There is no regret, there is no sadness, no sorrow,” he said of Erickson.

Erickson’s parents, sister, grandfather and girlfriend told the judge that the now-20-year-old was not the monster he seemed and that he was deeply loving and loved. Erickson’s parents, Jim and Stephanie, apologized to the victims and everyone affected by their son’s crimes, which they said they still could not explain.

Though Erickson did not show emotion during the victims’ testimony, he sobbed while his family spoke.

“We pray for these people every day,” Jim Erickson said. “We hope they can find peace. And we also hope they can find forgiveness — I know that’s a hard ask.”

All of Erickson’s family said he was sorry for the terror he wreaked. But Erickson chose not to speak when offered the chance.

Slade, the judge, noted the lack of apology while handing down her sentence. She said she received letters about the sentencings from all over the world and from survivors of other school shootings, as well as many STEM School students and families.

“They were exposed to a war zone in their own school,” she said.

1631941214 186 Second STEM School shooter sentenced to life without parole for

Andy Cross, The Denver Post

John Castillo, father of Kendrick Castillo, talks to the press after STEM School Highlands Ranch shooter Devon Erickson was sentenced to life in prison without parole at the Robert Christensen Justice Center Sept. 17, 2021.

May 7, 2019, also showcased remarkable heroism from teenagers barely old enough to vote — Jones and Brendan Bialy bolting from their seats to help Castillo take down a shooter before he could do more harm. English teacher Lauren Harper, student Jackson Gregory and IT director Mike Pritchard risked their own lives to disarm the other gunman.

During Erickson’s three-week trial, prosecutors used more than 60 witnesses to describe how Erickson and his co-conspirator, Alec McKinney, planned the horrific school shooting in advance — and then carried out their mission on May 7, 2019.

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Apple, Google remove opposition app as Russian voting begins

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Apple, Google remove opposition app as Russian voting begins

MOSCOW — Facing Kremlin pressure, Apple and Google on Friday removed an opposition-created smartphone app that tells voters which candidates are likely to defeat those backed by Russian authorities, as polls opened for three days of balloting in Russia’s parliamentary election.

Unexpectedly long lines formed at some polling places, and independent media suggested this could show that state institutions and companies were forcing employees to vote. The election is widely seen as an important part of President Vladimir Putin’s efforts to cement his grip on power ahead of the 2024 presidential polls, in which control of the State Duma, or parliament, will be key.

Russian authorities have sought to suppress the use of Smart Voting, a strategy designed by imprisoned opposition leader Alexei Navalny, to curb the dominance of the Kremlin-backed United Russia party.

Apple and Google have come under pressure in recent weeks, with Russian officials telling them to remove the Smart Voting app from their online stores. Failure to do so will be interpreted as interference in the election and make them subject to fines, the officials said.

Last week, Russia’s Foreign Ministry summoned U.S. Ambassador John Sullivan over the issue.

On Thursday, representatives of Apple and Google were invited to a meeting in the upper house of Russia’s parliament, the Federation Council. The Council’s commission on protecting state sovereignty said in a statement afterward that Apple agreed to cooperate with Russian authorities.

Apple and Google did not respond Friday to a request from The Associated Press for comment.

Google was forced to remove the app because it faced legal demands by regulators and threats of criminal prosecution in Russia, according to a person with direct knowledge of the matter who also said Russian police visited Google’s Moscow offices Monday to enforce a court order to block the app. The person spoke on condition of anonymity because of the sensitivity of the issue.

Kremlin spokesman Dmitry Peskov said Friday the presidential administration “definitely, of course” welcomes the companies’ decision, because the app was “outside the law” in Russia.

In recent months, authorities have unleashed a sweeping crackdown against Navalny’s allies and engaged in a massive effort to suppress Smart Voting.

Navalny is serving a 2½-year prison sentence for violating parole over a previous conviction he says is politically motivated. His top allies were slapped with criminal charges and many have left the country. Navalny’s Foundation for Fighting Corruption and a network of regional offices have been outlawed as extremist organizations in a ruling that exposes hundreds of people associated with them to prosecution.

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José Berríos adjusting to new life, new team in Toronto

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José Berríos adjusting to new life, new team in Toronto

TORONTO — It looked as if José Berríos was going to miss the chance to start against his former teammates this time around, and he would’ve preferred it that way.

“It’s bad. I don’t want to. I don’t want to,” Berríos said. “They used to be my guys, but now, they’re in a different dugout and team. That’s what it is.”

But Berrios warmed to the idea quickly, joking that he’d like to face Willians Astudillo. He might get that chance. At the very least, he’ll face plenty of his other former teammates when he takes the mound for the Blue Jays on Sunday against the team that drafted and developed him.

Berríos has been a member of the Blue Jays for nearly two months. It took him the first month to get settled with housing and adjusting to new teammates and a new country. But things are getting easier for him now, he said.

And, he’s pitching in the middle of a postseason race, which certainly helps.

“It’s special. Obviously, the postseason, that’s what every player wants,” Berríos said. “But I’d been having fun with the (Minnesota) group. … I had people that I met in 2012 and knew through this year. But here, they have a lot of fun, too, so they made it easier for me to get here and try to get used to it. … I’ve enjoyed it so far.”

There has been plenty for him to enjoy between his own personal success — in nine starts, Berríos has posted a 3.31 earned-run average with the Blue Jays — and his new team’s success — the Blue Jays are half a game back from a Wild Card berth.

With Berríos now lined up to start on Sunday, his next two starts are now likely to come against his former team, as the Blue Jays travel to Minnesota next weekend. Twins manager Rocco Baldelli, who had a chance to catch up with Berríos before the series opener, said he thought Sunday was going to be fun and that he was glad the Twins would have a chance to face their former ace.

“I think he misses everybody, but I do think that he’s adjusting well to being in Toronto. I think he’s enjoying his teammates and playing playoff competitive baseball at the end of September,” Baldelli said. “He’s a competitive guy, and there’s nothing better than being able to go out there and help pitch his team into October and that’s what he’s all about.”

While Berríos said he once thought he was going to be a Twin for life, he said he understands the business decision the Twins made, swapping the pitcher, who is a free agent at next season’s end, for a pair of prospects ahead of the July 30 trade deadline.

“I respect and I’ve got my heart with all the people … that Minnesota gave me,” he said.

SIMMONS STAYS BACK

Starting shortstop Andrelton Simmons was placed on the restricted list on Friday, unable to join the Twins in Toronto. Simmons, who hails from Curacao, is in the process of applying for his permanent residency card in the United States.

“Along with that comes a lot of different paperwork and stuff, restrictions, and that’s why he’s not going to be available for the series,” Baldelli said. “Apparently, there was not much we could to do get around this. Obviously, some energy was spent trying to avoid it but we couldn’t avoid it so he’ll be down for three days.”

Simmons will rejoin the team in Chicago when the Twins head there next to take on the Cubs. In his place, Jorge Polanco started at shortstop on Friday and Baldelli said Nick Gordon would likely play there for a game or possibly two.

BRIEFLY

Catcher Mitch Garver (back) began a rehab assignment with the Triple-A Saints in Indianapolis on Friday. … The Twins reinstated Brent Rooker from the paternity list and optioned pitcher Andrew Albers. They also selected reliever Nick Vincent’s contract. … The Twins have not named a starter for Sunday, but Baldelli said it could possibly be a bullpen day. The Twins also have Charlie Barnes with them in Toronto on the taxi squad, who could potentially be an option. … Infielder Drew Maggi also traveled with the team on the taxi squad. … Baldelli said the Twins were not concerned about Joe Ryan, who was hit in the wrist with a pitch by a batted ball during his last start. He suggested Ryan’s next start might come on Wednesday in Chicago.

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FDA, CDC debate if third COVID-19 booster shot is needed

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FDA, CDC debate if third COVID-19 booster shot is needed

WASHINGTON (Nexstar) — The White House plans to start rolling out COVID-19 vaccine booster shots on Monday, but two federal health agencies are urging the administration to rethink its plan.

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention are meeting Friday to debate if there is enough proof a booster shot is safe, effective and necessary.

White House Press Secretary Jen Psaki says rollout won’t happen until those agencies give the green light.

“Based on their recommendation, we’re prepared to operationalize our plan,” Psaki said.

The FDA and CDC will specifically discuss a request by Pfizer to approve a third booster shot six months after the second dose. Dueling data submitted ahead of the meeting suggests not everyone is on the same page.

FDA staff say they have yet to verify some data to support the need for a third shot, saying, “There are known and unknown biases that can affect their reliability.”

“It’s a public health crisis everywhere in our country,” said U.S. Sen. Sherrod Brown (D-Ohio).

Brown says the top priority right now needs to be convincing many Americans to get the first dose.

“I think the effort aimed for everybody needs to be whatever we can do to get people vaccinated,” he said.

Still, the White House says it is ready to activate its booster plan as promised.

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Boeing to build first of its kind aircraft in Metro East, project to boost economy

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Boeing to build first of its kind aircraft in Metro East, project to boost economy

ST. CLAIR COUNTY, Ill. – Boeing announced that it is investing over $200 million in the MidAmerica St. Louis Airport. The new project is bringing a lot of money and jobs to the Metro East. 
 
Boeing is expanding their aerospace footprint in the Metro East at the Mid-America Airport. They will be adding a new $200 million, 300,000-square-foot state-of-the-art facility where the new MQ-25 stingray will be manufactured. 

That means more jobs and more commerce.  

“I think this will be the largest manufacturing facility, employing at 300 people, making close to $100,000 a year, along with all the construction jobs in monumental for this county, it will be great for MidAmerica Airport,” St. Clair County Board Chairman Mark Kern said.  

The Navy’s newest carrier-based aircraft is a first of its kind, unmanned refueling instrument. It marks Boeing’s second major investment in the Mascoutah-based Mid-America airport in the last 10 years.

Boeing currently produces components CH-47 chinook, FA-18 Super Hornet, and other defense products. 

“Just the way this community came together, the way this base works, it just matched our needs and the availability of space. It was just the perfect match. And our team is very excited,” Director for Boeing Dave Bujold said.
  
Several political figures from the state of Illinois were on hand for the monumental announcement including Dick Durbin and Illinois Gov. JB Pritzker. They say the state is committed to the Metro East.   

“I want to thank Boeing, for its vote of confidence in our progress, as well as st. Clair county’s leadership and the MidAmerica airport team for paving the way for companies to choose Illinois,” Pritzker said.
 
The investment will only add more revenue to MidAmerica Airport, which is the fifth busiest airport in Illinois right now. 

The project is scheduled for completion in 2024.  

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