kijiji app Chicago mayor's senior adviser voted in Texas in November 2024 electionAlex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg

Red Cross offering t-shirts to blood donors through Dec. 17DURHAM, N.C., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Chimerix CMRX , today announced that on December 2, 2024, the Compensation Committee of Chimerix's Board of Directors granted inducement awards to three new employees of non-statutory stock options to purchase up to a total of 385,000 shares of Chimerix's common stock. The Compensation Committee of Chimerix's Board of Directors approved the awards as an inducement material to the new employees' employment in accordance with Nasdaq Listing rule 5635(c)(4). The stock options have an exercise price per share equal to Chimerix's closing trading price as of the grant date. The stock options have a 10-year term and will vest over four years, with one-fourth vesting on the one-year anniversary of the date of hire and the remaining three-fourths vesting over the following three years in equal monthly installments. The stock options are subject to the terms of Chimerix's 2024 Equity Incentive Plan but were granted outside of the 2024 Equity Incentive Plan. Chimerix is a biopharmaceutical company with a mission to develop medicines that meaningfully improve and extend the lives of patients facing deadly diseases. The Company's most advanced clinical-stage development program, dordaviprone (ONC201), is in development for H3 K27M-mutant glioma. The Company is conducting Phase 1 dose escalation studies of ONC206 to evaluate safety and PK data. CONTACTS: Will O'Connor Stern Investor Relations 212-362-1200 ir@chimerix.com will@sternir.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Monish Katari: Redefining Hardware Engineering with Precision and InnovationThe regency-style Victoria Barracks in Sydney’s inner east would be converted into residential housing and public parks under proposals from local councillors that echo Paris’ acclaimed transformation of its historic Reuilly barracks. The federal government received an audit of the Australian Defence Force’s sprawling real estate portfolio at the end of last year, which includes the site located between Oxford Street and Moore Park Road, but is now not expected to release its response to the review until after next year’s federal election. Sydney deputy mayor Zann Maxwell outside Victoria Barracks. Credit: Edwina Pickles The City of Sydney will consider a motion on Monday calling for residential redevelopment on parts of the 12.5-hectare Victoria Barracks site if it is put up for divestment as a result of the government’s defence estate review. “Given the density of surrounding Paddington, it’s a site that could potentially accommodate the growing demand for new housing and could provide housing solutions for City of Sydney residents in the future,” says the motion from deputy mayor and Labor councillor Zann Maxwell, which is expected to pass with the backing of Lord Mayor Clover Moore. While up to 50 per cent of Victoria Barracks is heritage-protected, the motion argues that redeveloping parts of the site “could provide significant public benefits, including housing and enhanced community amenities” including parks and bike paths. Arguing that Sydney “needs bold ideas and proactive planning”, Maxwell said: “If Victoria Barracks becomes available, we must be ready to transform it into something extraordinary – something that meets the needs of today while preserving the legacy of the past.” Troops on parade at Victoria Barracks. Maxwell said he wanted to kickstart a debate about how the barracks could be best used if the land is released for alternative use. “I can picture affordable homes integrated with vibrant public spaces, where people picnic on the grass in front of the stunning heritage sandstone barracks, enjoying a space that has been opened up for everyone,” he said. A spokesperson for Moore said the site, built in 1841 to house military personnel in colonial Sydney, “contains one of the most important groups of Edwardian military buildings and one of the best collections of colonial sandstone buildings in Australia”. “While the site’s heritage significance would need to be maintained, this land could provide significant additional benefit,” the spokesperson said. “It is not often such a significant amount of inner-city land becomes available, so any change in use would have to involve community consultation, but affordable housing, parkland and cultural infrastructure are front of mind.” Paris: Military barracks dating back to the 1600s have been transformed into almost 600 apartments, open space and a community centre. Credit: Merlin Dauget/Ville de Paris Greens councillor Sylvie Ellsmore pointed to the 2020 redevelopment of Caserne de Reuilly, a 19th-century former barracks in central Paris, into 600 affordable homes alongside a nursery, artists’ studios and green spaces. “There’s so much in the inner-city where land is really precious but still belongs to the Defence Force,” Ellsmore said. “We could deliver lots and lots of public housing and maintain the green space given the size of that site. “It doesn’t have to be a trade-off.” Victoria Barracks currently houses the headquarters of the Forces Command, which oversees 85 per cent of Army personnel, the Australian Army Museum of NSW and the Australian Army Band Sydney. The ADF, which is failing to meet its ambitious staffing targets, is likely to argue that divesting beloved military sites would make it even harder to attract and retain enough military personnel. Defence is the largest Commonwealth landowner, with a 3 million-hectare portfolio consisting of more than 1000 owned and leased properties, including military bases, barracks, wharves, ports, airbases, training ranges and storage facilities. Opposition Leader Peter Dutton attacked the prospect of a “fire sale” of Defence properties when this masthead reported on the issue in February, accusing Labor of “trashing the history of the Australian Defence Force”. The government subsequently shelved plans to release its response to the review this year, with Defence Minister Richard Marles saying the decisions involved were complicated and should not be rushed. The Australian Strategic Policy Institute’s Raelene Lockhorst, who has written widely about defence infrastructure, told this masthead earlier this year that Victoria Barracks should not be sold off because of the disruption to staff working there. Instead, she nominated HMAS Penguin at Balmoral, a 14-hectare naval training facility sitting on a spectacular site on Middle Head in Sydney Harbour, as a ripe target for divestment. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .

Photos: Brooklyn Love Blooms at the Botanic GardensHIV: there’s hope for a cure - where we stand now

Ardelyx CEO Michael Raab sells $153,328 in common stockNonePM leads first round of Romanian presidential vote: exit polls BUCHAREST: Pro-European Social Democrat Prime Minister Marcel Ciolacu was leading in Sunday ́s first round of Romania ́s presidential election, according to two exit polls released soon after the end of voting. Ciolacu scored 25 percent of the vote while the centre-right former journalist turned small-town mayor Elena Lasconi was on 18 percent, according to the polls. Two far-right candidates scored 15 and 16 percent. Voting finished at 9:00 pm (1900 GMT). In the absence of an outright winner in the first round -- scoring more than 50 percent -- the top two candidates go through to a second-round run-off on December 8.Ciolacu ́s Social Democratic Party (PSD), which has shaped the country ́s politics for more than three decades, currently governs in a coalition with the National Liberal Party. Polling in third place is former journalist Elena Lasconi, who became mayor of the small town of Campulung and head of a centre-right opposition party, who could prove to be a surprise package. “Our best hope might be to wake up with Lasconi in the second round -- she seems to be the most honest candidate,” said Diaconu before hopping on a Bucharest tram. Polling stations opened at 7:00 am (0500 GMT) and close at 9:00 pm, with exit polls expected shortly after.

With a recession deepening and the 1982 midterm elections approaching, Federal Reserve Chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of staff, James Baker. When Baker said Reagan wanted to give Volcker an “order” about interest rates, the 6-foot-7 central banker immediately stalked silently from the room. He did not take orders. Donald Trump is determined to break institutions to the presidential saddle, so people wonder: Could he fire the head of the Fed? (Probably not. Besides, Chair Jerome H. Powell’s term expires in May 2026.) More interesting questions are: What is the Fed for? And is its “independence” a license for mission creep? John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their essay “Ending Bailouts, At Last” in the Journal of Law, Economics and Policy. The problematic behavior is a century old and bipartisan: When large financial institutions are in danger of failing, government bails them out by bailing out their creditors. The 1907 financial crisis led in 1913 to the Federal Reserve Act establishing the Fed, which did not prevent the 1933 bank collapse. This led to deposit insurance and many regulations, which did not prevent Continental Illinois Bank’s 1984 failure, the savings and loan crisis of the 1980s and many other bumps on the road to 2008. “Never again, we say, again and again,” wrote Cochrane and Seru. Bailouts multiply, larger each time, spreading to highly leveraged industrial companies, as in the auto bailout of 2009. “Too leveraged to fail,” they wrote, “might be the summary of our new regime.” Too leveraged is a consequence of interest rates too low for too long, combined with confidence that the bailout culture is forever and unlimited. During the pandemic, the market for Treasury bonds became fragile, so the Fed lent bond dealers money to buy the bonds, “then turned around and bought the Treasurys from the dealers a few days later.” Cochrane and Seru wrote that the Fed almost has an implicit policy of buying “whatever quantity” necessary to prop up corporate bond prices. They noted that the Biden administration’s “paycheck protection” program made “forgivable loans” — Washington-speak for gifts — “to small businesses with 500 or fewer employees to cover their business costs, including mortgage interests, rent, utilities and up to eight weeks’ payroll costs.” It is one thing for the accountable political institutions to do this, quite another for the Fed to lend “on lenient terms to the real economy, not just the financial sector.” Throughout the economy, Cochrane and Seru wrote, leverage has been rewarded: “If you saved and bought a house with cash, if you saved and went to a cheaper college rather than take out a big student loan, or if you repaid that loan promptly, you did not get money.” In today’s permanent central-bank-run credit system, “Borrow. Borrow especially if you are big or part of a big and politically influential class of borrowers. As with student loans, borrow from the government.” You might not have to pay it back. When Silicon Valley Bank accepted many large, uninsured deposits, then got in trouble, the Federal Deposit Insurance Corp. — the government — guaranteed all deposits. So now, wrote Cochrane and Seru, “effectively markets expect all deposits of any size to be guaranteed going forward, at least during any newsworthy event.” The Congressional Budget Office projects budget deficits of 5% to 8% of gross domestic product forever. And this, Cochrane and Seru correctly believe, is too unrealistic. CBO assumes no crises, recessions, wars, pandemaics or — most laughably — spending increases. But even this optimistic debt path “simply cannot happen.” “We have,” Cochrane and Seru wrote, “once-in-a-century crises every 10 years these days.” “Crisis” has come to mean “the possibility that someone, somewhere might lose money.” And “contagion” now denotes a vague fear that “any ripple anywhere might bring down the financial system.” Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout American life. Cumulatively, they might break the government before Trump’s eccentric Cabinet nominees can. Will writes for The Washington Post. Get local news delivered to your inbox!

Tejon Ranch director Geoffrey Stack sells $94,590 in stock