Reports: Rangers G Igor Shesterkin agrees to record $92M dealMUNICH (AP) — Bayern Munich fans protested against Paris Saint-Germain president Nasser Al-Khelaifi during the teams’ Champions League match on Tuesday. The supporters held up several banners making clear their opposition to the Qatari businessman. One banner showed Al-Khelaifi’s face with a line over it, another accused him of being “plutocratic” with an expletive, and more banners read: “Minister, club owner, TV rights holder, UEFA ExCo member & ECA chairman all in one?” The 51-year-old Al-Khelaifi is unpopular among the Bayern fans for his influence on European soccer as chairman of the European Club Association, Qatar Sports Investments — the owner of PSG — and the Qatari state-owned BeIN media group. Bayern fans had long protested against their own club’s sponsorship deals with Qatar, which was accused of human rights abuses before it hosted the 2022 World Cup. The fans eventually got their way last year when Bayern’s long-running sponsorship deal with Qatar Airways was not renewed. The Sueddeutsche Zeitung newspaper reported at the time that the decision came from Qatar, whose emir, Sheikh Tamim bin Hamad Al Thani , was unhappy with the Bayern fans’ constant criticism and the club’s failure to distance itself from their protests. AP soccer: https://apnews.com/hub/soccerBISMARCK, N.D. (AP) — North Dakota regulators approved permits Thursday for underground storage of carbon dioxide delivered through a massive pipeline proposed for the Midwest, marking another victory for a project that has drawn fierce opposition from landowners. The governor-led Industrial Commission voted unanimously to approve permits for Summit Carbon Solutions’ three proposed storage sites in central North Dakota. Summit says construction of the project would begin in 2026 with operations beginning in 2027, but it’s expected that resistant landowners will file lawsuits seeking to block the storage plans. “With these permits, we’re one step closer to providing vital infrastructure that benefits farmers, ethanol producers, and communities across the Midwest," Summit Executive VP Wade Boeshans said in a statement. Summit’s proposed 2,500-mile (4,023-kilometer), $8 billion pipeline would transport planet-warming CO2 emissions from 57 ethanol plants in North Dakota, South Dakota, Iowa, Minnesota and Nebraska for underground storage. Carbon dioxide would move through the pipeline in a pressurized form to be injected deep underground into a rock formation. The company has permits for its route in North Dakota and Iowa but can’t yet begin construction. Also on Thursday, Minnesota regulators approved a permit for a 28-mile (45-kilometer) leg of the project in western Minnesota. Summit also recently applied in South Dakota, where regulators denied the company’s previous application last year. Last month, the company gained approval for its North Dakota route , and Iowa regulators also have given conditional approval. Summit faces several lawsuits related to the project, including a North Dakota Supreme Court appeal over a property rights law related to the underground storage plan. Further court challenges are likely. North Dakota Republican Gov. Doug Burgum, who chairs the Industrial Commission, is President-elect Donald Trump's choice for Interior Secretary and to lead a new National Energy Council. Burgum has frequently touted North Dakota's underground carbon dioxide storage as a “geologic jackpot.” In 2021, he set a goal for the No. 3 oil-producing state to be carbon-neutral by 2030. His term ends Saturday. Summit's storage facilities would hold an estimated maximum of 352 million metric tons of CO2 over 20 years. The pipeline would carry up to 18 million metric tons of CO2 per year to be injected about 1 mile (1.6 kilometers) underground, according to an application fact sheet. Jessie Stolark, who leads a group that supports the project and includes Summit, said the oil industry has long used similar technology. “We know that this can be done safely in a manner that is protective of human health and underground sources of drinking water,” said Stolark, executive director of the Carbon Capture Coalition. Summit's project has drawn the ire of landowners around the region. They oppose the potential taking of their property for the pipeline and fear a pipeline rupture releasing a cloud of heavy, hazardous gas over the land. A North Dakota landowners group is challenging a property rights law related to the underground storage, and attorney Derrick Braaten said they likely would challenge the granting of permits. “The landowners that I'm working with aren't necessarily opposed to carbon sequestration itself,” Braaten said. “They're opposed to the idea that a private company can come in and use their property without having to negotiate with them or pay them just compensation for taking their private property and using it.” Carbon capture projects such as Summit's are eligible for lucrative federal tax credits intended to encourage cleaner-burning ethanol and potentially result in corn-based ethanol being refined into jet fuel. Some opponents argue the amount of greenhouse gases sequestered through the process would make little difference and could lead farmers to grow more corn despite environmental concerns about the crop. In Minnesota, regulators granted a route permit that would connect an ethanol plant in Fergus Falls to Summit’s broader network. They attached several conditions, including requirements that Summit first begin construction in North Dakota. An administrative law judge who conducted hearings concluded in November that the environmental impacts from the Minnesota segment would be minimal and noted that Summit has secured agreements from landowners along most of the recommended route. Environmental groups that oppose the project disputed the judge’s finding that the project would have a net benefit for the environment. Iowa regulators required Summit to obtain approvals for routes in the Dakotas and underground storage in North Dakota before it can begin construction in Iowa. The Iowa Utilities Commission's approval sparked lawsuits related to the project. In Nebraska, where there is no state regulatory process for CO2 pipelines, Summit is working with individual counties to advance its project. At least one county has denied a permit. ___ Karnowski reported from Minneapolis. Jack Dura And Steve Karnowski, The Associated PressNEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings, Inc. CELH between February 29, 2024 and September 4, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline . SO WHAT: If you purchased Celsius common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2025 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius materially oversold inventory to PepsiCo, Inc. ("Pepsi") far in excess of demand, and faced a looming sales cliff during which Pepsi would significantly reduce its purchases of Celsius products; (2) as Pepsi drew down significant amounts of inventory overstock, Celsius' sales would materially decline in future periods, hurting Celsius' financial performance and outlook; (3) Celsius' sales rate to Pepsi was unsustainable and created a misleading impression of Celsius' financial performance and outlook; (4) as a result, Celsius' business metrics and financial prospects were not as strong as indicated in defendants' Class Period statements; and (5) consequently, defendants' statements regarding Celsius' outlook and expected financial performance were false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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AP Photos: A look back at over a year of fighting as Israel and Hezbollah agree to a truceNew York Rangers goaltender Igor Shesterkin agreed to a record-setting eight-year, $92 million contract on Friday, according to multiple reports. Shesterkin's deal, which averages $11.5 million annually and runs through the 2032-33 season, is the largest ever for a goaltender. The previous high was an eight-year, $84 million deal ($10.5 million average) that Carey Price signed with the Montreal Canadiens in 2017. Shesterkin, who won the Vezina Trophy as the top netminder for the 2021-22 season, turned down an eight-year, $88 million offer just prior to the start of this season. He is making $5.66 million in 2023-24 in the final season of a four-year, $22.67 million contract. The Moscow native finished third in Hart Trophy (MVP) balloting during his stellar 2021-22 season in when he went 36-13-4 and led the NHL with both a 2.07 goals-against average and .935 save percentage. Shesterkin, who turns 29 on Dec. 30, has won 36 or more games in each of the past three regular seasons. But this season, he is just 8-9-1 with a personal-worst 3.05 GAA in 18 games this season. His .908 save percentage is also his worst. Overall, Shesterkin is 143-68-18 with a 2.48 GAA and .920 save percentage in 231 appearances (226 starts) over six seasons. In the postseason, he is 23-20-0 with a 2.41 GAA and .928 save percentage. Reports of the deal began circulating shortly after the Rangers traded captain Jacob Trouba to the Anaheim Ducks. That freed up money for next season as Trouba was in the sixth season of a seven-year, $56 million deal. --Field Level Media
Pearl Harbor survivor Warren Upton, last of USS Utah crew, has died
