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	<title>moves &#8211; USA NEWS LIVE</title>
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		<title>Flying taxis are on the horizon as aviation moves into latest dimensions</title>
		<link>https://bloggingthree.soflytech.com/2025/01/flying-taxis-are-on-the-horizon-as-aviation-moves-into-latest-dimensions/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sun, 12 Jan 2025 11:44:02 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[aviation]]></category>
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		<category><![CDATA[flying]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=22542</guid>

					<description><![CDATA[By MICHAEL LIEDTKE SAN FRANCISCO (AP) — When JoeBen Bevirt was a boy within the Eighties, making long, tiring drives between his school and his wooded mountain home, he began dreaming of flying cars that might take him to his destination in minutes . The aircraft &#8211; generally known as an &#8220;electric vertical take-off and [&#8230;]]]></description>
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<p><strong>By MICHAEL LIEDTKE</strong></p>
<p>SAN FRANCISCO (AP) — When JoeBen Bevirt was a boy within the Eighties, making long, tiring drives between his school and his wooded mountain home, he began dreaming of flying cars that might take him to his destination in minutes .</p>
<p>The aircraft &#8211; generally known as an &#8220;electric vertical take-off and landing vehicle&#8221; or eVTOL &#8211; lifts off the bottom like a helicopter before flying at speeds of as much as 200 miles per hour (322 kilometers per hour) and a spread of about 100 miles ( 161 kilometers per hour) flies kilometers). And these aircraft achieve this without filling the air with excessive noise brought on by fuel-powered helicopters and small planes.</p>
<p>“We are only a few steps away from the goal. &#8220;We want to turn what are now one- and two-hour rides into five-minute rides,&#8221; Bevirt, 51, told The Associated Press before a Joby air taxi took off for a test flight from Marina, California, about 40 miles south of where he took off in the grew up in Bergen.</p>
<p>Archer Aviation, a Silicon Valley company backed by automaker Stellantis and United Airlines, has tested its own eVTOLs over farmland in Salinas, California, where a prototype called &#8220;Midnight&#8221; glided over a tractor plowing fields last November could.</p>
<p>The tests are part of the journey being undertaken by Joby Aviation and other ambitious companies that have collectively raised billions of dollars to transform flying cars into more than just pie-in-the-sky concepts depicted in 1960s cartoons. were made popular over the years. <a href="https://www.youtube.com/watch?v=tTq6Tofmo7E">“The Jetsons”</a> and the 1982 science fiction film, <a href="https://www.youtube.com/watch?v=ePbK0tiVWKY&#038;t=23s">“Blade Runner.”</a></p>
<p>Archer Aviation and nearby Wisk Aero, with ties to aerospace giant Boeing Co. and Google co-founder Larry Page, are also on the forefront of the race to bring air taxis to the U.S. market. Joby has already partnered to attach its air taxis with Delta Air Lines passengers, while Archer Aviation has a deal to sell as much as 200 of its aircraft to United Airlines.</p>
<p>Flying taxis have made a lot progress on the Federal Aviation Administration that a brand new category of aircraft called “flying taxis” was recently created <a href="https://www.faa.gov/newsroom/new-rule-faa-ready-air-travel-future">“Powered Elevator”</a> A step the agency had not taken for the reason that introduction of helicopters for civilian use within the Nineteen Forties.</p>
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<div class="image-wrapper"><img alt="JoeBen Bevirt, CEO of Joby Aviation, stands next to a..." class="size-article_inline" sizes="(max-width: 40em) 620px,(min-width: 40em) and (max-width: 50em) 780px,(min-width: 50em) and (max-width: 65em) 810px,(min-width: 65em) and (max-width: 80em) 1280px,(min-width: 80em) 1860px,1860px" srcset="https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006746589554.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006746589554.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006746589554.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006746589554.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006746589554.jpg?w=1860 1860w"></p>
<p class="slide-caption">JoeBen Bevirt, CEO of Joby Aviation, stands next to an &#8220;electric vertical takeoff and landing&#8221; aircraft, also generally known as an eVTOL, on Monday, Oct. 7, 2024, in Marina, Calif. (AP Photo/Terry Chea)
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<p class="slide-caption">An “electric vertical takeoff and landing aircraft” built by Archer Aviation shall be parked at an airfield in Salinas, California, in 2024. (Archer Aviation via AP)
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<p class="slide-caption">An “electric vertical takeoff and landing aircraft” built by Joby Aviation lands at an airfield in Marina, Calif., Monday, Oct. 7, 2024. (AP Photo/Terry Chea)
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<p class="slide-caption">A Joby Aviation worker works to assemble an “electric vertical takeoff and landing” eVTOL aircraft in Marina, Calif., on Monday, Oct. 7, 2024. (AP Photo/Terry Chea)
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<div class="image-wrapper"><img decoding="async" alt="JoeBen Bevirt, CEO of Joby Aviation, stands next to a..." class="lazyload size-article_inline" data-sizes="auto" src="https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=620" srcset="https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006744990936.jpg?w=1860 1860w"></p>
<p class="slide-caption">JoeBen Bevirt, CEO of Joby Aviation, stands next to an &#8220;electric vertical takeoff and landing&#8221; aircraft, also generally known as an eVTOL, on Monday, Oct. 7, 2024, in Marina, Calif. (AP Photo/Terry Chea)
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<p class="slide-caption">Joby Aviation employees assemble parts for an “Electric Vertical Takeoff and Landing” eVTOL aircraft on Monday, Oct. 7, 2024, in Marina, Calif. (AP Photo/Terry Chea)
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<p class="slide-caption">An “electric vertical takeoff and landing aircraft” built by Joby Aviation flies over an airfield in Marina, Calif., Monday, Oct. 7, 2024. (AP Photo/Terry Chea)
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<div class="image-wrapper"><img decoding="async" alt="A Joby Aviation mobile app is displayed on a phone, offering consumers..." class="lazyload size-article_inline" data-sizes="auto" src="https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=620" srcset="https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=620 620w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=780 780w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=810 810w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=1280 1280w,https://www.mercurynews.com/wp-content/uploads/2025/01/AP25006745146397.jpg?w=1860 1860w"></p>
<p class="slide-caption">A mobile app from Joby Aviation is displayed on a phone, allowing consumers to take a flight in an eVTOL aircraft with “electric vertical takeoff and landing.” San Carlos, Calif., on Monday, October 7, 2024. (AP Photo/Terry Chea)
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<p class="slide-caption">Archer Aviation CEO Adam Goldstein speaks at the corporate&#39;s headquarters in San Jose, Calif., Friday, Dec. 13, 2024. (AP Photo/Terry Chea)
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<p class="slideshow-caption mng-gallery-image-caption">JoeBen Bevirt, CEO of Joby Aviation, stands next to an &#8220;electric vertical takeoff and landing&#8221; aircraft, also generally known as an eVTOL, on Monday, Oct. 7, 2024, in Marina, Calif. (AP Photo/Terry Chea)
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<p>However, there are still more regulatory hurdles to clear before air taxis are allowed to hold passengers within the US, making Dubai the almost definitely place where eVTOLs will fly commercially &#8211; possibly by the top of this 12 months.</p>
<p>“It&#39;s a delicate matter to develop an entirely new class of vehicles,” said Alan Lim, director of Alton Aviation Consultancy, an organization that tracks industry developments. “It will be like a crawl-walk-run situation. Right now I think we&#39;re still crawling. We’re not going to have a Jetsons-like reality in the next two to three years where everyone’s flying around everywhere.”</p>
<p>China can also be striving to make flying cars a reality, which is the case <a href="https://x.com/BehizyTweets/status/1856058590060245417">piqued the interest of President-elect Donald Trump</a> by making the vehicles a priority for his latest administration over the subsequent 4 years.</p>
<p>If the ambitions of eVTOL pioneers within the US are realized, people will have the opportunity to hop on an air taxi to get to and from airports in New York and Los Angeles in the subsequent few years.</p>
<p>Because its electric taxis can fly freely at high speeds, Joby expects to hold as much as 4 Delta Air Lines passengers at a time from New York area airports to Manhattan in about 10 minutes or less. First of all, air taxi prices will almost actually be significantly higher than the price of a taxi or Uber ride from JFK Airport to Manhattan, however the difference could narrow over time as eVTOLs are expected to have the opportunity to hold more passengers to move as ground vehicles I&#39;m stuck in traffic in every direction.</p>
<p>&#8220;You&#39;ll see highways in the sky,&#8221; Archer Aviation CEO Adam Goldstein predicted during an interview at the corporate&#39;s headquarters in San Jose, California. “There will be hundreds, maybe even thousands of these planes flying in these individual cities, and it will really change the way cities are built.”</p>
<p>Investors consider Goldstein is correct and helped Archer raise one other $430 million late last 12 months from a bunch that included Stellantis and United Airlines. The funding got here shortly after a Japanese automaker invested an extra $500 million in Joby, bringing its total investment in the corporate to almost $900 million.</p>
<p>According to Alton Aviation, these investments were a part of the $13 billion raised by eVTOL firms over the past five years.</p>
<p>Both Joby Aviation and Archer Aviation went public in 2021 through reverse mergers, opening one other avenue for fundraising and making it easier to recruit engineers with the allure of stock options. Both firms managed to poach employees from electric automobile maker Tesla and rocket maker SpaceX and, in Archer&#39;s case, raid the ranks of Wisk Aero.</p>
<p>The Wisk defectors triggered a lawsuit accusing Archer of mental property theft, and the dispute was also settled <a href="https://wisk.aero/news/press-release/wisk-aero-archer-and-boeing-reach-agreement-to-settle-litigation-and-enter-into-autonomous-flight-collaboration-boeing-invests-in-archers-latest-funding-round/">an agreement in 2023</a> This included an agreement for either side to collaborate on some features of eVTOL technology.</p>
<p>Before going public, Joby also acquired eVTOL technology developed by ride-hailing service Uber in an $83 million deal that also brought those two firms together as partners.</p>
<p>But neither the deals nor technological advances could prevent losses piling up amongst firms constructing flying cars. Joby, whose roots date back to 2009 when Bevirt founded the corporate, has suffered losses of $1.6 billion since its founding, while Archer has suffered losses of nearly $1.5 billion since its founding in 2018 US dollar recorded.</p>
<p>While they&#8217;ve transitioned to industrial air taxi services, each Joby and Archer are attempting to generate revenue by negotiating contracts to make use of their eVTOLs with the U.S. military for deliveries and other other short-haul missions. Archer has partnered with Anduril Industries, a military defense technology specialist founded by Oculus headset inventor Palmer Luckey, to assist it close deals.</p>
<p>The uncertain outlook has left each firms with relatively low market values ​​in comparison with the tech industry, with Joby&#39;s at about $7 billion and Archer at $6 billion.</p>
<p>But Bevirt sees blue skies ahead. “eVTOLs will change the way we move,” he said. “It’s a much better way to get around. Seeing the world from the air is better than sitting in traffic on the highway.”</p>
<p>Originally published: <time datetime="2025-01-09 10:31:43">January 9, 2025 at 10:31 am PST</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Esmir Bajraktarević from Revolution moves to PSV Eindhoven</title>
		<link>https://bloggingthree.soflytech.com/2025/01/esmir-bajraktarevic-from-revolution-moves-to-psv-eindhoven/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 02 Jan 2025 19:54:34 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Bajraktarević]]></category>
		<category><![CDATA[Eindhoven]]></category>
		<category><![CDATA[Esmir]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[PSV]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=21957</guid>

					<description><![CDATA[New England Revolution One of probably the most promising players to return through the Revolution&#39;s academy is on his approach to a top European team. Esmir Bajraktarević, a 19-year-old homegrown product from New England, is joining Dutch club PSV Eindhoven, the reigning Eredivisie champions, after the clubs agreed to a transfer deal for an undisclosed [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.boston.com/wp-content/uploads/2025/01/MLS_Whitecaps_Revolution_Soccer_17581-6776dffb6c5aa-850x638.jpg" /></p>
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<p>								New England Revolution<br />
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<p>One of probably the most promising players to return through the Revolution&#39;s academy is on his approach to a top European team.</p>
<p>Esmir Bajraktarević, a 19-year-old homegrown product from New England, is joining Dutch club PSV Eindhoven, the reigning Eredivisie champions, after the clubs agreed to a transfer deal for an undisclosed transfer fee (which, based on the team <a href="https://www.revolutionsoccer.net/news/revolution-transfer-homegrown-player-esmir-bajraktarevic-to-psv-eindhoven">notice</a> on Thursday, also features a percentage of “future resale rights”). According to the <a href="https://www.bostonglobe.com/2024/12/20/sports/esmir-bajraktarevic-revolution-eindhoven/">&#39;s Frank Dell&#39;What</a>The transfer fee is $6 million.</p>
<p>Bajraktarević&#39;s departure marks the primary time a New England Academy graduate has been sold on to an overseas club. PSV, who currently lead the Dutch top flight by six points over rivals Ajax through 17 games, are known for developing young players through the years. PSV also competes within the UEFA Champions League, widely considered the highest division of men&#39;s football on this planet. </p>
<p>A Wisconsin native, Bajraktarević joined New England&#39;s academy in 2021. He rose quickly and made his first team debut in 2022. In total, he played 45 games for the Revolution, ending with three goals and three assists.</p>
<p>“Thank you to all the Revolution fans who supported me during my time in New England. I am grateful [sporting director] Curt Onalfo, who took me to New England and there [head coach] Caleb Porter and all the coaches from the first team to the academy who helped me prepare for this next step,” Bajraktarević said in a team statement. </p>
<p>“This club has been a second family to me since I moved into the residence in 2021,” he added, “and I will remain a supporter of the Revolution wherever I go.” I can&#39;t wait, Revs fans see you again soon.”</p>
<p>At international level, Bajraktarević made his debut for Bosnia and Herzegovina (where he has dual citizenship through his parents) in 2024, assisting his childhood hero Edin Džeko.</p>
<blockquote class="twitter-tweet">
<p lang="en" dir="ltr">From playing within the Edin Dzeko jersey to assisting the Bosnian national team. <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f979.png" alt="🥹" class="wp-smiley" style="height: 1em; max-height: 1em;" /> </p>
<p>What a debut moment for 19-year-old Esmir Bajraktarevic &#8211; born in Wisconsin, who now represents his parents&#39; country <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1e7-1f1e6.png" alt="🇧🇦" class="wp-smiley" style="height: 1em; max-height: 1em;" /><a href="https://t.co/m1QHbzaTgO">pic.twitter.com/m1QHbzaTgO</a></p>
<p>— Men in Blazers (@MenInBlazers) <a href="https://twitter.com/MenInBlazers/status/1832759115849867726?ref_src=twsrc%5Etfw">September 8, 2024</a></p></blockquote>
<p>The move to PSV should help Bajraktarević proceed his development as a promising talent. From New England&#39;s perspective, that is a vital milestone for the club&#39;s academy system and represents a transparent success of the recent investment in a residency program that allowed Bajraktarević to transfer from Wisconsin.</p>
<div class="o-author-single no-avatar">
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<div class="m-author__section">
<p>Hayden Bird is a sports author for Boston.com, where he has worked since 2016. He covers all things sports in New England.</p>
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</div>
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		<title>Stanford and Cal have big QB moves on national signing day</title>
		<link>https://bloggingthree.soflytech.com/2024/12/stanford-and-cal-have-big-qb-moves-on-national-signing-day/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 05 Dec 2024 03:46:42 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[big]]></category>
		<category><![CDATA[Cal]]></category>
		<category><![CDATA[day]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[National]]></category>
		<category><![CDATA[signing]]></category>
		<category><![CDATA[Stanford]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=20324</guid>

					<description><![CDATA[Stanford lost two quarterbacks to the transfer portal and added a four-star recruit on the position on Wednesday, while Cal missed out on a top QB recruit on national signing day. Ashton Daniels, the Cardinals&#39; starting quarterback this season, announced Wednesday that he&#8217;s moving on from The Farm after substitute Justin Lamson walks out the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/11/BNG-L-STANFBC-1117.jpg?w=1400px&amp;strip=all" /></p>
<div>
<p>Stanford lost two quarterbacks to the transfer portal and added a four-star recruit on the position on Wednesday, while Cal missed out on a top QB recruit on national signing day.</p>
<p>Ashton Daniels, the Cardinals&#39; starting quarterback this season, announced Wednesday that he&#8217;s moving on from The Farm after substitute Justin Lamson walks out the door.</p>
<p>As a junior, Daniels rushed for 1,700 yards, 10 touchdowns and 12 interceptions while adding 669 yards and three touchdowns as a rusher. He debuted as a rookie in 2022 in a limited role in David Shaw&#39;s final season and began nearly all of the last two seasons under coach Troy Taylor.</p>
<p>Daniels, a three-star recruit from Buford, Georgia, may very well be heading closer to home for his next stop.</p>
<p>Lamson, the Cardinals&#39; wildcat quarterback, announced his plans to enter the portal earlier this week after playing two seasons at Stanford, where he transferred from Syracuse in 2023. Lamson can be a graduate transfer and has accomplished 24 of 47 attempts for 804 yards, 4 touchdowns and 4 interceptions this season. He was used as a runner in short-yardage situations, running 68 times for just 94 yards but scoring eight touchdowns.</p>
<p>A brand new face coming to Palo Alto from Murietta, California is Bear Bachmeier, who&#8217;s a top-30 quarterback and is the brother of Cardinal wide receiver Tiger. (Another older brother, Hank, was Wake Forest&#39;s quarterback that season.)</p>
<p>Bear Bachmeier starred at Murrieta Valley, amassing 86 total touchdowns (30 rushing) as a dual threat in highschool. He may have to compete with former top recruit Elijah Brown, who will likely be a starter for the Cardinals next season after a disappointing 3-9 season.</p>
<p>The top recruit in Stanford&#39;s 19-player class is four-star wide receiver JonAnthony Hall from New Jersey, who&#8217;s ranked the No. 10 wideout within the country by 247Sports.</p>
<p>Cal, which went 6-6 overall and 2-6 in its first yr within the ACC, suffered a significant blow on Wednesday. The Bears had hoped to sign top-10 quarterback Jaron-Keawe Sagapolutele from Hawaii after he had been committed to the Golden Bears since July. But Sagapolutele, Hawaii&#39;s top player, decided to sign with Oregon.</p>
<p>According to 247Sports, Sagapolutele is taken into account the No. 8 quarterback. He finished his profession with 10,653 passing yards, probably the most in Hawaii State history and surpassing Oregon&#39;s Dillon Gabriel (9,848).</p>
<p>Sagapolutele&#39;s loss to Oregon is especially painful for Cal because he was the one blue-chip prospect within the Bears&#39; 14-man recruiting class.</p>
<p>Sagapolutele&#39;s commitment helped propel Oregon to the highest of the Big Ten recruiting rankings after starting Wednesday behind Ohio State and Michigan within the Big Ten recruiting rankings and was poised to finish Wednesday at the highest.</p>
<p>According to 247Sports, San Jose State University&#39;s well-balanced recruiting class ranks sixth among the many 12 teams within the Mountain West Conference as each of the Spartans&#39; 12 newly signed players are 3-star prospects.</p>
<aside class="related left"></aside>
<p>The highest-rated prospect for Ken Niumatalolo&#39;s program is San Marcos High (Ca.) wide receiver Jase Nix, who finished his four-year profession with 212 catches for 3,304 yards (15.6 yards per catch) and 48 touchdowns. The 5-9, 165-pound Nix is ​​considered the 109th-best prospect within the state and has been favorably in comparison with one other former San Marcos star receiver, Kyle Phillips of the Philadelphia Eagles.</p>
<p>San Jose State also signed intriguing Marin Catholic tight end Braiden Bachich-Dixon, a 6-4, 220-pound speedster who causes problems for defenses in matchups. Bachich-Dixon is California&#39;s 111th-rated candidate.</p>
<p>Another interesting addition for the Spartans is dual-threat quarterback Tama Amisone from Kapolei High in Hawaii. Amisone, San Jose&#39;s only quarterback on this class, threw for nearly 1,500 yards this yr, ran for greater than 750 yards and in addition had 72 yards receiving.</p>
</p></div>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Pulisic celebrates USMNT goal by mimicking Trump&#039;s dance moves: &#039;I just thought it was funny&#039;</title>
		<link>https://bloggingthree.soflytech.com/2024/11/pulisic-celebrates-usmnt-goal-by-mimicking-trumps-dance-moves-i-just-thought-it-was-funny/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 15:46:58 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[39I]]></category>
		<category><![CDATA[celebrates]]></category>
		<category><![CDATA[dance]]></category>
		<category><![CDATA[funny39]]></category>
		<category><![CDATA[goal]]></category>
		<category><![CDATA[mimicking]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Pulisic]]></category>
		<category><![CDATA[thought]]></category>
		<category><![CDATA[Trump39s]]></category>
		<category><![CDATA[USMNT]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19417</guid>

					<description><![CDATA[ST. LOUIS &#8211; U.S. men&#39;s national team star Christian Pulisic became the most recent skilled athlete to have a good time on the sector by doing the Donald Trump dance trend, moving his arms and hips much like the president-elect&#39;s signature moves after scored the primary goal within the United States&#39; 4-2 win over Jamaica [&#8230;]]]></description>
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<p>ST. LOUIS &#8211; U.S. men&#39;s national team star Christian Pulisic became the most recent skilled athlete to have a good time on the sector by doing the Donald Trump dance trend, moving his arms and hips much like the president-elect&#39;s signature moves after scored the primary goal within the United States&#39; 4-2 win over Jamaica on Monday night.</p>
<p>“Of course, that’s the Trump dance,” Pulisic said when asked if he intentionally celebrated with viral moves. “It was just a dance that everyone did. He is the one who created it. I just thought it was funny.”</p>
<p>His teammates Weston McKennie and Ricardo Pepi also celebrated with Pulisic.</p>
<p>Several other athletes across sports have done the viral dance in recent days, including UFC fighter Jon Jones, who was ringside for his match with Trump, Las Vegas Raiders tight end Brock Bowers, and several other other college and NFL football players, including Tennessee Titans wide receivers Calvin Ridley and Nick Westbrook-Ikhine and Detroit Lions defensive players Za&#39;Darius Smith and Malcolm Rodriguez.</p>
<p>“I saw everyone do it yesterday in the NFL, I saw Jon Jones do it,” Pulisic said after the sport. &#8220;We&#39;re just having a little fun, so I thought it would be a pretty fun dance.&#8221;</p>
<p>Since this trend has spread across sports, it&#8217;s unclear whether the celebration is a political endorsement or simply a dance that players find amusing. Although Pulisic said he was just having “a bit of fun”. His celebration quickly garnered attention on social media platforms, including from former U.S. men&#39;s national team defender and Fox analyst Alexi Lalas and Outkick founder Clay Travis.</p>
<p>But the US goalscorer said he didn&#39;t care if people on social media reacted to the dance more strongly than he intended.</p>
<p>“No, not at all,” Pulisic said. “It’s not a political dance. It was just for fun. I saw a lot of people doing it and I thought it was funny, so I enjoyed it. At least I hope some people did.”</p>
<p><iframe loading="lazy" style="border-radius: 12px;" src="https://open.spotify.com/embed/episode/0Gw2H14CKnqJU6XR9x5QFA?utm_source=https://open.spotify.com/episode/0Gw2H14CKnqJU6XR9x5QFA?si=32_EUC0XT1iuaEYSj8tGaw" width="100%" height="152" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
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<p><em>image credit : www.nytimes.com</em></p>
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		<title>Viking Therapeutics shares rise 16% after the pharmaceutical company moves its weight-loss injection into late-stage testing</title>
		<link>https://bloggingthree.soflytech.com/2024/07/viking-therapeutics-shares-rise-16-after-the-pharmaceutical-company-moves-its-weight-loss-injection-into-late-stage-testing/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 25 Jul 2024 13:34:34 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[injection]]></category>
		<category><![CDATA[latestage]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Pharmaceutical]]></category>
		<category><![CDATA[rise]]></category>
		<category><![CDATA[shares]]></category>
		<category><![CDATA[testing]]></category>
		<category><![CDATA[Therapeutics]]></category>
		<category><![CDATA[Viking]]></category>
		<category><![CDATA[weightloss]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=9953</guid>

					<description><![CDATA[Shares of Viking Therapeutics rose 16% in premarket trading on Thursday after the biotech company announced a day earlier plans to advance its experimental weight-loss injection into a complicated testing phase sooner than expected. This brings the San Diego-based company one step closer to entering the extremely popular GLP-1 market, which analysts say is developing [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
<div class="group">
<p>Shares of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Viking Therapeutics<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    rose 16% in premarket trading on Thursday after the biotech company announced a day earlier <a href="https://www.prnewswire.com/news-releases/viking-therapeutics-reports-second-quarter-2024-financial-results-and-provides-corporate-update-302205767.html" target="_blank" rel="noopener">plans</a> to advance its experimental weight-loss injection into a complicated testing phase sooner than expected. </p>
<p>This brings the San Diego-based company one step closer to entering the extremely popular GLP-1 market, which analysts say is developing right into a <a href="https://www.reuters.com/business/healthcare-pharmaceuticals/weight-loss-drug-forecasts-jump-150-billion-supply-grows-2024-05-28/" target="_blank" rel="noopener">150 billion dollar market</a> until the top of the last decade. </p>
<p>Viking is considered one of several small and enormous pharmaceutical corporations that need to compete on this area <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">Novo Nordisk<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7">Eli Lilly<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>whose demand for GLP-1 antibodies for weight reduction and diabetes has skyrocketed within the last two years. </p>
<p>Shares of Novo Nordisk and Eli Lilly fell about 2 percent in premarket trading on Thursday. </p>
<p>Viking had previously stated that the corporate expected to start one other interim study of its weekly injection, called VK2735, after the corporate reported positive results from one other phase two study in late February. </p>
<p>But after the corporate received written feedback from the U.S. Food and Drug Administration (FDA), it decided to maneuver the injection directly right into a Phase 3 trial, CEO Brian Lian said during a conference call on Wednesday. </p>
<p>Lian said the corporate is preparing to satisfy with the FDA within the fourth quarter to debate the design and timing of this Phase 3 trial, with plans to initiate the study afterward.</p>
<p>The decision will likely shorten Viking&#39;s development timeline for the injection by a 12 months, BTIG analyst Justin Zelin said in a note Wednesday. Currently, analysts expect the drug to hit the market in 2029, Zelin said. </p>
<p>During the decision, Lian added that Viking plans to check VK2735 as a monthly injection in a future study, which could make the treatment a more convenient option than Eli Lilly&#39;s Zepbound and Novo Nordisk&#39;s Wegovy, each of that are taken once every week.</p>
<p>Viking Therapeutics&#39; drug promotes weight reduction by targeting GLP-1 and one other hormone called GIP, the identical hormones targeted by Eli Lilly&#39;s Zepbound and its diabetes counterpart Mounjaro.</p>
<p>Patients who received the Viking injection weekly in a Phase 2 study lost as much as 14.7 percent of their body weight after 13 weeks, or 13.1 percent in comparison with placebo. </p>
<p>Viking can be developing an oral version of VK2735. This pill resulted in a weight reduction of three.3% in comparison with a placebo in an early study. </p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Dublin Softball moves one step closer to the Little League World Series with victory over Quartz Hill</title>
		<link>https://bloggingthree.soflytech.com/2024/07/dublin-softball-moves-one-step-closer-to-the-little-league-world-series-with-victory-over-quartz-hill/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sun, 21 Jul 2024 06:10:03 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[closer]]></category>
		<category><![CDATA[Dublin]]></category>
		<category><![CDATA[hill]]></category>
		<category><![CDATA[league]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Quartz]]></category>
		<category><![CDATA[series]]></category>
		<category><![CDATA[softball]]></category>
		<category><![CDATA[step]]></category>
		<category><![CDATA[Victory]]></category>
		<category><![CDATA[World]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=9567</guid>

					<description><![CDATA[Following a shocking victory on the state championship, the Dublin 12s Little League softball team has now won nine games in a row &#8211; including the postseason &#8211; after defeating Southern California&#39;s Quartz Hill 7-3 on the Little League West Region Tournament in San Bernardino on Saturday. Dublin will proceed to challenge the West Region&#39;s [&#8230;]]]></description>
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<div>
<p>Following a shocking victory on the state championship, the Dublin 12s Little League softball team has now won nine games in a row &#8211; including the postseason &#8211; after defeating Southern California&#39;s Quartz Hill 7-3 on the Little League West Region Tournament in San Bernardino on Saturday.</p>
<p>Dublin will proceed to challenge the West Region&#39;s top powers in Sunday morning&#39;s second game against Utah&#39;s Washington Little League. If they win this week&#39;s tournament, Dublin will secure a spot within the World Series in Greenville, North Carolina in August.</p>
<p>According to the league&#39;s website, the team is the one softball program within the league&#39;s Tri-Valley district. DLL founded the softball division in 2022, and that is the league&#39;s first 12-man team to qualify for the West Region tournament. Last 12 months&#39;s 12-man team got here close, placing second behind Almaden Little League of San Jose.</p>
<figure id="attachment_10868250" class="wp-caption alignright size-article_inline_third"><img decoding="async" class=" lazyautosizes lazyload" alt="The Dublin Little League 12th grade softball team won the Norcal Little League State Championships, securing a spot in the West Region tournament in San Bernadino July 20-26, 2024. If they win, they will advance to the World Series. (Photo courtesy of Jean Toler/Dublin Little League)" width="480" data-sizes="auto" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/07/EBT-L-DUBBERN-0720-02.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="10868250" srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/07/EBT-L-DUBBERN-0720-02.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/07/EBT-L-DUBBERN-0720-02.jpg?fit=210%2C9999px&#038;ssl=1 210w"><figcaption class="wp-caption-text">The Dublin Little League softball team won the Norcal Little League State Championships, securing a spot within the West Region tournament in San Bernadino July 20-26, 2024. A win will advance the team to the World Series. (Photo courtesy of Jean Toler/Dublin Little League) </figcaption></figure>
<p>While Little League International covers the prices of the young athletes’ participation within the World Series, Vanessa Cahee, the mother of certainly one of the players, has <a href="https://www.gofundme.com/f/support-dublin-little-leagues-road-to-the-world-series?lang=en_US&#038;utm_campaign=fp_sharesheet&#038;utm_medium=customer&#038;utm_source=copy_link" target="_blank" rel="noopener">GoFundMe</a> to finance travel expenses in the course of the competition in San Bernardino.</p>
<p>Almost the entire team&#39;s players attend Wells Middle School in Dublin, while one other attends Christensen Middle School in Livermore.</p>
<p><span style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;font-size: 16px">You can see Dublin play Utah tomorrow at 9am. </span><a style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;font-size: 16px" href="https://www.espn.com/watch/player?id=5d2d7672-4867-41f6-9a78-50868fba4052" target="_blank" rel="noopener">survive ESPN+</a><span style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;font-size: 16px">or follow the live broadcast on </span><span style="margin: 0px;padding: 0px"><a href="https://web.gc.com/teams/yWUuLyGwj2Q8" target="_blank" rel="noopener">Game changer</a> Smartphone app</span><span style="font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;font-size: 16px">.</span> Games will proceed each day until Thursday, July 26.</p>
<p>Six teams are participating within the Western Region tournament:<br />Arizona-Wilcox Little League<br />Hawaii – Little League in Honolulu<br />Nevada-Washoe Little League<br />Northern California – Dublin Little League<br />Southern California – Quartz Hill Little League<br />Utah-Washington Little League</p>
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<p>Originally published: <time datetime="2024-07-20 20:16:48">July 20, 2024 at 20:16</time></p>
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		<title>The “Trump trade” has split healthcare stocks into two camps. Here’s find out how to play the following moves</title>
		<link>https://bloggingthree.soflytech.com/2024/07/the-trump-trade-has-split-healthcare-stocks-into-two-camps-heres-find-out-how-to-play-the-following-moves/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 20 Jul 2024 13:11:01 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[camps]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[heres]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Play]]></category>
		<category><![CDATA[split]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[trade]]></category>
		<category><![CDATA[Trump]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=9510</guid>

					<description><![CDATA[This 12 months&#39;s presidential election is already sending healthcare stocks on a wild ride. In the past, political power shifts have led to &#8220;increased volatility&#8221; across the healthcare sector, prompting investors to &#8220;seek safe areas,&#8221; Raymond James analyst Chris Meekins said in a July 7 note. &#8220;This election will likely produce different, binary, opposing outcomes [&#8230;]]]></description>
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<p><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="xyz-data">This 12 months&#39;s presidential election is already sending healthcare stocks on a wild ride. In the past, political power shifts have led to &#8220;increased volatility&#8221; across the healthcare sector, prompting investors to &#8220;seek safe areas,&#8221; Raymond James analyst Chris Meekins said in a July 7 note. &#8220;This election will likely produce different, binary, opposing outcomes in healthcare policy depending on who wins.&#8221; With Affordable Care Act subsidies set to run out next 12 months and Medicare Advantage plans coming under increasing scrutiny in recent months, health insurers could also be much more sensitive to this pattern than usual. In fact, it already appears to be emerging in trading of managed care stocks. Earlier within the week, traders appeared to have concluded that former U.S. President Donald Trump was constructing an insurmountable lead over Joe Biden. The incumbent president&#39;s campaign has been in trouble since Biden&#39;s disastrous performance on the June 27 debate. Calls for him to drop out of the race briefly died down after a failed assassination attempt on Trump, but pressure mounted again on Thursday. Looking at UnitedHealth Group&#39;s share price against the backdrop of those headlines gives a way of the mood swings. Through Thursday&#39;s close, the stock had underperformed the market, up 7% 12 months thus far. But shares have risen nearly 17% for the reason that presidential debate. The stock hit a brand new 52-week high in trading Wednesday, but has pulled away from that top in recent sessions when it looked like Biden might withdraw. UNH 1M-Mount UnitedHealth stock last month. The broader health care sector, a defensive &#8220;late-cycle&#8221; group, generally struggles in election years and the 12 months after &#8212; and historically outperform the second 12 months after an election, Meekins noted. Most healthcare sectors also do &#8220;significantly better&#8221; when a Republican wins the presidency. The broad universe of healthcare stocks has underperformed by about 19% in the course of the Biden presidency, the analyst said. What a Republican Victory Means Analysts expect Republican leadership would cut back regulatory scrutiny by the Federal Trade Commission and the Justice Department while also pushing down drug prices. But it could mean the top of expanded individual healthcare subsidies. That&#39;s essential because that profit, introduced under the ACA or Obamacare, lowers monthly premiums and out-of-pocket costs for middle- and low-income individuals. It expires at the top of 2025, and a Republican victory could be sure that. Raymond James&#39;s Meekins said the top of subsidies could lead on to large numbers of newly uninsured people, which could hurt hospitals and managed care firms, which might see lower enrollment. On the opposite hand, analysts see a Trump victory as positive for Medicare Advantage providers.  Consider Centene, Molina Healthcare, UnitedHealth and Humana. Medicare Advantage is a style of Medicare medical health insurance plan offered by private insurance firms. These generally offer the identical coverage as original Medicare under annual contracts, but often with additional advantages corresponding to vision and dental insurance. &#8220;A Trump administration would be cheaper from a rate perspective, which would help alleviate some of the cost issues.&#8221; [Medicare Advantage carriers] &#8220;We have the crunch and the pressure they&#39;ve felt on the medical cost side compared to what they&#39;ve experienced so far under the Biden administration,&#8221; Meekins said. History bodes well for the group. Managed care firms historically buck the overall trend of healthcare stocks and outperform expectations in the primary 12 months after an election, based on Raymond James. Analysts at several firms, including Raymond James, Bernstein and RBC Capital Markets, consider UnitedHealth, Humana and CVS Health can be amongst the most important beneficiaries of a Trump victory. Recent gains at UnitedHealth, the biggest private insurer within the U.S., don&#39;t just reflect changing political winds. There&#39;s been a turnaround in investor enthusiasm on account of a powerful second quarter that has reignited confidence in the corporate&#39;s prospects. Jefferies analyst David Windley praised the corporate&#39;s efforts to chop costs and said it could lead on to a &#8220;superior 25 setup&#8221; for the stock. Windley sees a Trump victory resulting in membership growth, and UnitedHealth appears &#8220;best positioned to take advantage of the full economic opportunity.&#8221; He maintains a buy rating and $647 price goal on the stock, meaning shares could rise nearly 15% from Thursday&#39;s close. RBC Capital Markets analyst Ben Hendrix said UnitedHealth would see probably the most immediate upside amongst managed care organizations under a Trump administration because its Optum unit would profit from an easing regulatory environment. Optum has contributed to the corporate&#39;s record profits by providing a variety of primary, specialty and urgent care services to just about 104 million consumers. In late February, the Justice Department launched an antitrust investigation to look at the role of giant conglomerates in rising health care costs. In addition to UnitedHealth and Humana, Raymond James analyst John Ransom also expects managed care provider Alignment Healthcare to profit from a Republican victory, as he sees those three names as having relatively high exposure to Republican-favored Medicare Advantage plans and fewer or no exposure to the ACA. Humana has lost greater than 15% this 12 months, but like UnitedHealth, its shares are up nearly 8% for the reason that presidential debate. Piper Sandler initiated coverage of Humana on June 25 with an obese rating and a $392 price goal, saying a &#8220;turnaround&#8221; is underway for the corporate, helped by a brand new CEO and expected growth within the Medicare Advantage market. &#8220;We believe the HUM brand has a durable competitive advantage &#8230; and we believe the company&#39;s purpose-built health care delivery and services infrastructure should improve outcomes and lower the cost curve through center-based, home and pharmacy care over time,&#8221; the corporate said, adding that the stock is cheaper than it appears. Telemedicine and drug provider GoodRx Holdings could also get a lift if a Republican victory eliminates subsidies increased by the ACA, Ransom said. Shares have risen greater than 20% for the reason that starting of the 12 months. &#8220;With millions of ACA members potentially losing their coverage, we believe GDRX could benefit as individuals would increasingly seek savings on prescription drugs,&#8221; he said. What a Democratic Victory Means If Democrats overcome their recent difficulties, whether with Biden or one other candidate, analysts see managed care names tied to the ACA and hospitals as winners. In that scenario, Bernstein analyst Lance Wilkes expects Centene to profit as the biggest Medicaid managed care organization. He has an outperform rating and a bullish $94 price goal on the stock, suggesting potential upside of greater than 43%. &#8220;We would see some headwinds to CNC&#39;s share price, but more limited this time around due to valuation levels and less focus on Medicaid reform,&#8221; he said. Centene shares are down greater than 11% year-to-date. Unlike UnitedHealth, shares are down 3% for the reason that June debate. Raymond James sees Oscar Health, HCA Healthcare and Tenet Healthcare as beneficiaries of a left-wing victory. &#8220;A Democratic victory would almost guarantee an extension of the Affordable Care Act&#39;s expanded subsidies, which would be clearly positive for OSCR,&#8221; Ransom said. About 95% of its members come from the ACA exchanges.  Oscar Health shares are up a whopping 64% this 12 months, but have fallen 17% for the reason that debate aired. HCA and Tenet Healthcare would profit since the two have presence in Florida and Texas, he said. The two markets account for about 36% of all ACA members. When Raymond James launched Oscar in late March with an outperform rating and a $20 price goal — which is now 33% above the stock&#39;s last closing price — Ransom acknowledged that the corporate&#39;s fortunes can be sensitive to news of ACA subsidies. But he expects Oscar&#39;s latest CEO, the previous head of CVS Health-owned Aetna, to spice up earnings growth by cutting costs.</span></span></span><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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		<title>Rainbow Family moves to recent campsite in Northern California after eviction</title>
		<link>https://bloggingthree.soflytech.com/2024/07/rainbow-family-moves-to-recent-campsite-in-northern-california-after-eviction/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 02 Jul 2024 15:40:32 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[campsite]]></category>
		<category><![CDATA[eviction]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Northern]]></category>
		<category><![CDATA[Rainbow]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=7943</guid>

					<description><![CDATA[Three days after being displaced from their gathering place near Susanville, members of the Rainbow Family were establishing a brand new site 25 miles away, the U.S. Forest Service said. The second campground is near Dixie Creek, about 12 miles north of Beckwourth. Like the primary, it&#8217;s positioned within the Plumas National Forest. As of [&#8230;]]]></description>
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<p>Three days after being displaced from their gathering place near Susanville, members of the Rainbow Family were establishing a brand new site 25 miles away, the U.S. Forest Service said.</p>
<p>The second campground is near Dixie Creek, about 12 miles north of Beckwourth. Like the primary, it&#8217;s positioned within the Plumas National Forest.</p>
<p>As of Monday, Rainbow Family campers were still refusing to use for the permit the Forest Service requires for all groups of greater than 75 people, the agency said.</p>
<p>The original venue on the headwaters of Indian Creek was closed to the general public on Wednesday, June 26, about per week after participants began preparing for the event the primary week of July, with the Forest Service citing public safety and natural resource concerns.</p>
<p>At a town hall meeting the evening before the closure, residents of the Susanville area reiterated their concerns about fire hazards, damage to natural and cultural resources, and crime because of the massive influx of individuals into rural areas.</p>
<p>A forest service update on Monday said about 80 people were still on the Indian Creek site.</p>
<p>Forest Service officials learned of the brand new camp on Saturday, June 29, and imposed a 15 mph speed limit in the world on Monday. Level 1 fire restrictions have been in effect within the Plumas National Forest since June 23, which include a ban on campfires except in designated fire pits at some recreation areas.</p>
<p>Since 1972, the Rainbow Family of Living Light has met every summer on undeveloped public land for a &#8220;non-commercial wilderness camping experience where we practice living in peace,&#8221; as one member&#39;s website describes it. The venue was announced this yr on June 17, and visitors began flocking to the event shortly thereafter.</p>
<p>More than 10,000 people attended the 2022 gathering in Colorado, in comparison with about 3,000 in New Mexico last yr.</p>
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		<title>Revolut moves global headquarters to Canary Wharf while awaiting UK banking license</title>
		<link>https://bloggingthree.soflytech.com/2024/06/revolut-moves-global-headquarters-to-canary-wharf-while-awaiting-uk-banking-license/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 13 Jun 2024 07:15:49 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[awaiting]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Canary]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[headquarters]]></category>
		<category><![CDATA[license]]></category>
		<category><![CDATA[moves]]></category>
		<category><![CDATA[Revolut]]></category>
		<category><![CDATA[Wharf]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=6181</guid>

					<description><![CDATA[British financial technology company Revolut announced on Thursday that it plans to maneuver its official London headquarters to Canary Wharf, town&#39;s foremost financial district. Revolut will move its global headquarters to the YY London constructing within the centre of Canary Wharf. The company has signed a 10-year lease on the constructing. As a result, Revolut [&#8230;]]]></description>
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<p>British financial technology company Revolut announced on Thursday that it plans to maneuver its official London headquarters to Canary Wharf, town&#39;s foremost financial district.</p>
<p>Revolut will move its global headquarters to the YY London constructing within the centre of Canary Wharf. The company has signed a 10-year lease on the constructing.</p>
<p>As a result, Revolut will increase its office space by 40% to 113,000 square meters and occupy 4 floors.</p>
<p>The company plans to put its logo on two signs on the edges of the brand new constructing – mimicking the trend of traditional bank brands, comparable to <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">HSBC<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Barclays<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Citigroup<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>Revolut said the signs were still subject to planning permission.</p>
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<p>HSBC recently announced that it&#8217;s going to relocate its global headquarters from the 45-story Canary Wharf Tower by 2027, when its current lease expires.</p>
<p>The company had previously announced that it would cut back its office space worldwide by almost 40% to chop costs and reply to the trend towards hybrid working.</p>
<p>Canary Wharf is London&#39;s foremost financial district and residential to most of the world&#39;s largest banks, insurance firms and other financial institutions.</p>
<p>Revolut&#39;s announcement comes because the digital banking startup awaits news on whether its application for a banking license within the UK is successful. The license would allow it to launch lending products comparable to bank cards and private loans.</p>
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<p>The company has been waiting for the green light from city regulators, including the Bank of England and the Financial Conduct Authority, since 2021.</p>
<p>Revolut said the choice to open a brand new global headquarters in the center of town shows the corporate&#39;s continued commitment to the UK market.</p>
<p>“This new headquarters strengthens our commitment to the UK, our home country, while laying the foundation for future growth,” said Francesca Carlesi, CEO of Revolut’s UK business, in a press release.</p>
<p>Revolut co-founders Nikolay Storonsky and Vlad Yatsenko – the corporate&#39;s global CEO and chief technology officer respectively – had previously criticised the UK for its regulatory environment, which they described as too bureaucratic.</p>
<p>The company had previously committed to growing its global workforce by 40% by 2024. Revolut said it currently has over 9 million customers within the UK.</p>
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<p>The news comes at a time when employers are debating the way to persuade their employees to return back to the office after many individuals switched to distant working attributable to the Covid-19 pandemic.</p>
<p>Revolut has stated that it&#8217;s going to follow its &#8220;remote-first&#8221; approach, meaning its employees can do business from home but are encouraged to return into the office for beneficial face-to-face interactions.</p>
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