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Paris Hilton Raises $500K to Support Families Affected by LA Fire

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Paris Hilton is making sure she can be of help to the victims of the raging LA fires. After losing her own Malibu home to the wildfires, the socialite stepped up to help fellow families who have gone through similar journeys. Just a couple of days after launching her emergency fund, the star overwhelmingly shared that she, along with the help of her followers, raised over $500K towards fire relief efforts. Hilton also expressed her gratitude to the thousands of people who donated to the cause.

Paris Hilton urges followers on Instagram to donate toward LA wildfire emergency fund

Photo Credit: @parishilton / Instagram

After losing her Malibu home, Paris Hilton took an initiative for displaced families who were impacted by the LA fires. Last week, the singer launched an emergency fund with her nonprofit organization, 11:11 Media Impact, to aid families with children who have lost their homes due to the wildfires. On Sunday, Hilton revealed that she and her Instagram followers have donated a substantial amount that will be of help to the victims.

Hilton took to her Instagram Stories to share, “I am overwhelmed with gratitude.” The socialite revealed that they managed to raise $520,733 to support displaced families. Previously, Hilton revealed she matched the first $100,000 of the fundraiser and contributed another $100,000 directly to the non-profit. She revealed that the money would help rebuild communities and reinstall hope among those affected by the LA fires. 

Hilton then thanked “the 3000+” people who have “donated and led by example — proving that collective action creates incredible impact.” In another Instagram Story, she urged her followers to continue their generous donations, hoping to reach $1 million. The fundraiser also stated that the donations would go towards providing cash assistance, animal shelters, short-term housing for families, and delivering essentials to evacuation centers. 

Last week, Paris Hilton revealed that she and her family lost their Malibu home due to the Palisades fire. She shared a clip of her now-destroyed home, calling it “truly heartbreaking.” Meanwhile, the wildfires have wreaked havoc over thousands of acres, destroying over 12,000 structures and killing at least 24 people. 

Originally reported by Varsha Narayanan on Mandatory.



This story originally appeared on Realitytea

Thora Birch on Adapting Gifford’s Tragedy and Returning to Witchy Stories After ‘Hocus Pocus’

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[Warning: The following contains MAJOR spoilers for Mayfair Witches Season 2 Episode 2, “Ten of Swords.” This post also contains discussions of sexual assault.]

Here’s something creepy: The newly birthed, now-fully-grown Lasher (Jack Huston) can literally smell Mayfair witches from miles away. He’s hunting them down in Mayfair Witches‘ second season, but he can’t remember why. And he definitely doesn’t understand why things go so wrong when he finds them, but that hardly absolves him of guilt. The Mayfair women are dropping like flies by Lasher’s hand, and Thora Birch‘s Gifford Mayfair was his latest victim in Mayfair Witches Season 2 Episode 2, which aired Sunday, January 12 on AMC.

Gifford’s fate was sealed in Anne Rice‘s Lasher novel, the second of three books in The Lives of the Mayfair Witches trilogy. But there were some slight changes made for this brief deadly encounter in the episode’s opening scene. For starters, book Gifford had an underused power of foresight; she could sense something bad was going to happen just before it did. In the show, she has strong intuition but it’s not necessarily magical, and she channels her gut feelings through tarot reading. She always prioritized her family before herself, but Episode 2 shows her stepping back from the family to take care of herself for once like in the novel. Her husband calls, rudely urging her to come back from the New Orleans lake house (it’s a Florida beach house in the book) and help the family. She’s married to her Mayfair cousin, Ryan, in the novel, and that’s neither confirmed nor denied in the episode (that’s just the tip of the twisted gothic horror iceberg you’ll find in Rice’s writing). And then, Lasher mysteriously arrives at her house.

In an adaptation of a brutal scene from Lasher, Huston and Birch’s characters are immediately drawn to each other, but Gifford can’t sense the threat Lasher poses because of some magical force that’s blinding her to it (Lasher doesn’t understand it either yet). Their brief sexual encounter leads to her hemorrhaging as if she’s having a miscarriage and dying painfully. In the episode, there is no informed consent to this hookup. In the book, it’s more clear that Lasher coerced and raped Gifford. The threat of human Lasher for the Mayfair women is that they couldn’t resist his pull if they tried. This Gifford scene is the start of a season-long mystery about why Lasher is trying to mate with Mayfair women now that he’s in adult human form.

Decades after playing Dani in Hocus PocusMayfair Witches shows Birch in a witchy tale once more. Here, she breaks down her guest star role with TV Insider, from adapting Gifford’s tragic book plot to being a lifelong Rice fan.

Skip Bolen / AMC

Every Mayfair woman has a unique talent. What is Gifford’s? And is there another reason why she’s distancing herself from the family right now other than seeing danger in her tarot cards?

Thora Birch: Wishing that she had some [laughs]. She’s a prominent, socially, member of the family and definitely one of the more wealthier ones. But I think if she had a quarter of Rowan’s [Alexandra Daddario] power, she’d just be over the moon. She’s definitely going through a weird phase. She’s becoming a little bit more reclusive. We get the sense that she’s not exactly getting along with her husband too well and has kind of just been hiding out in her beach house. And she’s getting deeper and deeper pulled into reading the tarot, which is her obsession. But she’s sensing this impending doom and she’s uncertain as to what it is, if it’s specific to her or just a threat to her family. But she definitely feels a negative force coming her way. And then she encounters Lasher, and it becomes unclear as to who’s seducing who. But that does happen. And then, yeah, she’s got a little bit of a wild ride from there. But she’s a fun character. She fits in with the Mayfair witches, but she’s a little bit of an oddball as well.

Is your Gifford self-taught in tarot or did she learn from a family member? Does she have any magic powers like Moira’s [Alyssa Jirrels] mind reading?

I think she started off by going to a number of tarot readers, and then as one will with a new obsession, did a deep dive into it. I know a lot of people who are into tarot that have that quality too, which is they’ll do a reading and they’ll get a sense of something, but if they don’t like it, they’re like, shuffle the cards. Do it again. It’s like keep doing it until you hear what you want to hear. She’s not getting anything that she wants to hear, so she gets the same message. And just as a Mayfair herself, she’s a little bit more susceptible [to supernatural powers], or at least she keeps convincing herself of that. So she wants to be able to play in that space. But as far as any actual supernatural powers, no, she doesn’t [have any]. She just has the Mayfair blood.

Which is what draws Lasher to her. So he can sense where all of them are?

He can literally sniff them out.

And it’s impossible for these women to resist him, and that’s the threat of him?

Right. He’s kryptonite.

Which explains why when he arrives to her house, she’s curious about him instead of afraid.

Right, no thought to the impending doom she was just talking about [laughs].

Jack Huston as Lasher in Mayfair Witches - Season 2

Skip Bolen / AMC

Can she tell who he is, like can she sense that he is a magical presence? Or does his power blind her completely?

I think he’s quite physically, like on a cellular level, irresistible to her. But there’s also something about her, which is just, again, I’m stocking it up to her bloodline, that he’s drawn into, so they’re mutually intoxicated by each other without really knowing why or understanding what it means, and maybe having a sense that nothing good could come of it. I think she just is taken away by his power.

Is her beach house in New Orleans, not Florida like in the book? I’m wondering how far Lasher’s ability to “sniff them out” goes.

Well, we shot it about a 40-minute drive outside [New Orleans]. When we first got to the house, it looked a little bit like if the west coast of Florida had their own version of Architectural Digest, this would’ve been it. But then the art department came in and tricked it out and made it feel a little bit more Louisiana-ish. So in the show, it’s supposed to be that. She’s close. She’s far off on her beach house, a little secluded from the city and everything, but I don’t think it’s meant to actually be Florida.

In the book, Gifford took care of other people before herself, and to my understanding, ignored her own intuition in some ways. But in this episode, we see that she’s self-preserving. What’s the backstory here? What already happened that led to her creating this distance with her family?

She’s reached this point where she had been involved in [the family], like a supportive wife and playing the socialite role, and now she’s trying to find her own voice, taking a step back and thinking about what does she need, why is there this feeling, what’s going on, people in my family are dying and I don’t know why, and who’s this Rowan chick? How dare she come along and take all our power? [Laughs] That was the emotional backstory that I had put upon her because I knew that in the world of the show, it’s a loose adaptation from the books. So for the purposes of the journey and the story, where Gifford’s at right now is not how she normally is. This is an odd moment in her life.

And there’s a little bit of an element of wish fulfillment in this because her dream came true. She finally did encounter the darker elements of her family’s power, so she got in the world at the end, all right.

Showrunner Esta Spalding told us that this beach scene was something from the book that they wanted to honor this season. What were some details from that that were important for you all to include?

For me, it was just more trying to understand her vulnerability, because that’s not something a woman of her station — and it’s not even a very Mayfair-like quality to feel fully vulnerable. Lasher offers her an opportunity to forget that she’s a Mayfair and just be swept up into this very quick, dark, brooding, mysterious fling that she just wants to have some fun with and abandon herself and not worry about all of the things that she’s been worrying about or the pressures that her family would have her under. She’s just taking that moment for herself.

Given the Hocus Pocus connection of it all, I love to see you in a witchy role. Did filming Hocus Pocus at such a young age inspire a lifelong love of witchy media for you afterward? What did that do for you?

I don’t know how uncommon it is, but I did pretend to be a Wiccan for a couple of years there when I was 14 to 15. I think just like a lot of young women, I was always drawn into the occult and was already an Anne Rice fan. Love vampires, loved the whole New Orleans of it all. I love that this show treats [New Orleans] like another character, which was Anne Rice’s calling card as well, so it’s a fun space to play in. But I always loved Halloween and things like that, and vampires more than zombies, even though I was on Walking Dead as well [laughs]. So this [witchy stories] has always been a little bit more fun. It’s visually playful. Good clothes, great jewelry, you can’t go wrong.

Mayfair Witches, Sundays, 9/8c, AMC, Streaming Sundays on AMC+




This story originally appeared on TV Insider

Small Business Owners Worry About TikTok Ban

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As TikTok attempts to pause a fast-approaching deadline that forces it to separate from its Beijing-based parent company ByteDance or face a ban in the United States, small business owners are starting to prepare for the worst. The Supreme Court listened to arguments on Friday and is expected to rule on the case by the end of next week.

In the meantime, creators are building email lists, joining other social platforms, and starting newsletters.

Lizz Smoak, co-founder of branding and marketing agency, Maiden Media, and a mentor and chairwoman for volunteer business mentor organization SCORE said the ban is about more than the app.

Related: ‘Sent Ripples Through the Marketing World’: What Businesses Can Do Now to Prepare for a Possible TikTok Ban, According to a CEO

“It’s about the businesses and creators that rely on it,” Smoak told Entrepreneur. “I’ve seen how critical platforms like TikTok are for entrepreneurs. They’re more than marketing tools; they’re lifelines for businesses.”

Creators who protested outside the Supreme Court Friday in Washington said the same. Andrea Celeste Olde, a TikTok content creator, told the New York Times that the platform helped her launch her business after being a stay-at-home mom for 10 years.

“TikTok is where I created my community,” she told the publication. “I have made friendships. I have business partners. That’s how we connect.”

Smoak says that TikTok’s algorithm makes it one of the only platforms where small business owners and emerging entrepreneurs can go viral without spending a fortune pushing their content, and a ban would throw “thousands of businesses off track.”

In December, TikTok warned in a court filing that if the ban goes through, creators and small businesses in the U.S. could lose $1.3 billion in revenue and earnings—in one month.

Related: Looming TikTok Ban Has Creators Questioning How Much of Their Business They Really Control

Still, a Statista survey, conducted from April to May 2023 among U.S. TikTok users found that 73% of respondents thought TikTok was addictive and 27% said they experienced negative mental health effects because of the app.

“A ban could be a wake-up call for healthier online habits,” Smoak stated.

The founder and CEO of handwritten notes service Handwrytten, David Wachs, told Entrepreneur last week that brands should strengthen the community they have grown on TikTok by hosting virtual events like webinars, live Q&A sessions, and virtual product launches that encourage real-time interaction.

“The potential ban of TikTok has sent ripples through the marketing world, urging brands to rethink their strategies,” Wachs said. “While it may seem like a setback, this shift opens up a valuable opportunity for brands to enhance direct engagement with their audience.”

Related: Is Kevin O’Leary Buying TikTok? ‘Shark Tank’ Star Teams Up With Frank McCourt for ‘People’s’ Bid

Other experts suggest reaching out to big brands with influencer marketing programs, like Walmart and Amazon, to diversify your content and options.



This story originally appeared on Entrepreneur

PACS Group (PACS) Investors Alerted to Today’s Lead Plaintiff Deadline in Securities Class Action By Investing.com

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SAN FRANCISCO, Jan. 13, 2025 (GLOBE NEWSWIRE) — PACS Group (NYSE: PACS), a nursing home operator that saw its stock soar after its initial public offering in April, has experienced a precipitous decline in recent weeks, losing 70 percent of its market capitalization since early November. The company is now grappling with allegations of deceptive Medicare billing practices, a federal regulatory investigation, delayed financial reporting and a burgeoning investor class-action lawsuit.

Shareholder rights firm Hagens Berman is investigating pending claims alleging PACS and its senior executives violated the U.S. securities laws and urges investors who suffered substantial losses to submit your losses now.

Class Period: Apr. 11, 2024 “ Nov. 5, 2024
Lead Plaintiff Deadline: Jan. 13, 2025
Visit: www.hbsslaw.com/investor-fraud/pacs
Contact the Firm Now: PACS@hbsslaw.com
                                       844-916-0895

PACS Swift Rise and Sudden Fall

The company, which operates a network of independently run facilities under the Providence Group banner, offering services ranging from skilled nursing care to assisted and independent living, debuted on the New York Stock Exchange to considerable fanfare, its shares doubling from the $21 offering price within seven months. But the celebratory mood abruptly shifted in early November.

The catalyst for the company’s unraveling came on Nov. 4, when Hindenburg Research, a well-known activist short-selling firm, published a scathing report accusing PACS of a series of improprieties. The report alleged that the company had improperly exploited a Covid-era waiver to access Medicare funds for numerous patients, fabricated patient records to inflate revenue and earnings, and engaged in fraudulent licensing practices to circumvent regulatory oversight.

Market Reaction and Federal Scrutiny

The market reacted swiftly. PACS’s stock price plummeted by more than 27 percent on the day the Hindenburg report was released, erasing nearly $12 in value per share.

The turmoil intensified two days later, on Nov. 6, when PACS disclosed that it had received civil investigative demands from federal authorities regarding its reimbursement and referral practices, a development that appeared to corroborate elements of the Hindenburg report. The company also announced a delay in the release of its third-quarter 2024 financial results, further eroding investor confidence and sending shares down an additional 38 percent, closing at $18.09”below its initial offering price.

PACS Securities Class Action (WA:)

The fallout from these disclosures has extended beyond the stock market. A securities class-action lawsuit, Manchin v. PACS Group, Inc., et al., No. 24-cv-08636, has been filed in the U.S. District Court for the Southern District of New York. The lawsuit alleges that PACS misled investors by claiming to be successfully executing a turnaround strategy to restore profitability to its nursing facilities. The complaint contends that this purported turnaround was, in fact, fueled by the improper acquisition of Medicare benefits for thousands of patients.

Hagens Berman’s Probe

In response, Hagens Berman has launched an investigation into PACS Group’s business practices and disclosures.

PACS Group’s alleged misuse of Medicare funds and manipulation of patient records raises serious concerns about potential fraud, said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in PACS Group or have knowledge that may assist the firm’s investigation, submit your losses now »

If you’d like more information and answers to frequently asked questions about the PACS case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding PACS Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email PACS@hbsslaw.com.

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at  hbsslaw.com. Follow the firm for updates and news at  @ClassActionLaw.  

Contact:
Reed Kathrein, 844-916-0895  

Source: Hagens Berman Sobol Shapiro LLP




This story originally appeared on Investing

China’s chokehold on critical minerals puts US in ‘unfathomable’ national security bind: experts

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China has a chokehold on the world’s supply of critical minerals – and experts are warning the situation is a major risk to US national security if the government doesn’t step up its efforts to compete.

Control over rare earth metals – which are needed to build everything from the semiconductors that power iPhones to wind turbines, electric vehicle batteries and military weaponry like tanks and missiles – have become a key point of friction and souring trade relations between the US and China.  

Burdensome regulations and decades of lackluster investment have left the US dangerously reliant on China – which mines up to 70% of the world’s critical minerals, controls roughly 90% of the processing capacity and regularly uses unfair trade tactics to press its advantage, sources told The Post.

China control about 90% of the world’s processing capacity for critical minerals. GONCALO LOBO PINHEIRO/EPA-EFE/Shutterstock

“The fact that we are reliant on China for defense equipment is just a completely unfathomable and untenable situation,” said Pini Althaus, CEO of the New York-based firm USA Rare Earth.

If diplomatic relations get worse or an actual conflict breaks out the two countries, US lawmakers and experts fear that China, led by President Xi Jinping, could cut off the supply entirely – with disastrous consequences for the US auto industry, tech firms and the Pentagon.

“Quite frankly, they can turn off the faucet,” Althaus added.

Rare earth metals and other critical minerals are used to build everything from smartphones to military weaponry. Los Angeles Times via Getty Images

China’s decades-long effort to corner the market is heavily subsidized by Beijing, which uses its control over the supply to manipulate prices and enacts ever-tighter export controls to cement its dominance. China has also snapped up mineral rights throughout Africa and other resource-rich locales as part of its Belt and Road Initiative – on highly favorable terms.

When the US or other rivals make progress on mining or processing a particular material, such as gallium or lithium, China often responds by flooding the market – which sends prices tumbling and kills the incentive to invest in projects, according to Rep. Rob Wittman (R-Va.), who leads the House Select Committee on China’s Critical Minerals Policy Working Group.

“They dump massive amounts of these materials on the market and they do that below the cost of production – so these companies can’t even compete,” Wittman added.

Rep. Rob Wittman leads the House Select Committee on China’s Critical Minerals Policy Working Group. AP

China has already begun to weaponize its control – in part by implementing export bans on mining and processing technology. Last month, China banned exports of three critical minerals to the US – gallium, germanium and antimony – and previously imposed restrictions on shipments of graphite.

The idea of a total embargo isn’t so far-fetched. In 2010, China briefly halted shipments of rare earth elements to Japan while the two countries were embroiled in a territorial dispute.

China has an estimated 44 million tons of rare earth reserves – or 34% of the worldwide total, according to US Geological Survey data. By comparison, the US has about 2.3 million tons of reserves.

Wittman introduced a trio of bills aimed at strengthening the US supply of critical minerals. CQ-Roll Call, Inc via Getty Images

Despite the disparity, the US “absolutely has significant deposits” of key minerals, according to Wittman, who points to sites in Minnesota, Nevada and California as well as vast untapped sources in the seabed that could be claimed.

The US began moving away from rare earth mining in the 1980s as environmental concerns gave rise to increasingly rigorous permitting and licensing rules. As businesses looked offshore for their supply needs, mining profits diminished and domestic production dwindled.

As of now, the permitting process is “still very cumbersome,” according to Barbara Arnold, a professor of mining engineering at Penn State University.

Standards are far more rigorous in the US than other countries like Canada and Australia. The process of getting a new project off the ground is costly and difficult, which has disincentivized firms from exploring for new mining sites.

“From the time that you actually locate a deposit of something to the time that you’re actually producing it, it can be 20 years. It can be 10 years just to get the permits,” said Arnold. “Those are all absolutely needed, but there should be a mechanism to get those permits through more expeditiously.”

By comparison, China imposes few environmental restrictions on its mining projects – and has built a domestic supply chain “contaminated with forced labor and environmentally degrading mining and refining practices,” according to a recent report by the select committee.

“China would be the opposite extreme, meaning there’s almost no permitting rigors whatsoever,” Althaus said.

To strengthen its supply chain outside of China, the US should aim to ramp up partnerships with Canada and Australia, according to Althaus. Resource-heavy countries in Central Asia and Africa, which have traditionally fallen under China’s sway, are another option.

China has built a near-monopoly for key critical minerals over the last several decades. Bloomberg via Getty Images

On the domestic front, US government support for early-stage exploration of criminal minerals and local processing capabilities would go a long way, he added.

Canada, for example, offers “flow-through shares” that make investments in so-called junior mining outfits tax-deductible. The smaller firms handle site exploration and assess the feasibility of a given site, then approach larger firms to bankroll operations.

Last month, Wittman and his colleagues introduced a trio of bills aimed at boosting the US critical mineral supply chain and limiting dependence on China.

The US has accused China of using price manipulation to kill competition in the mining sector. AP

The bills would authorize more funding for US collaboration with friendly nations on critical mineral supply chains; impose export controls on domestic battery and magnet materials; and set up a “Resilient Resource Reserve” that would help protect US producers from China’s price manipulation.

“We are not going to combat them in any other way other than having an alternative to what China does. And I think we can do that, and I think we can do that quickly,” Wittman said.



This story originally appeared on NYPost

We can’t let Mark Zuckerberg pass the buck on Meta’s censorship

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No, Mark Zuckerberg doesn’t get to go on Joe Rogan’s podcast and pretend he’s a free speech champion as if there were nothing he could have done to stop the censorship at Facebook that rigged the 2020 election and probably cost lives during the pandemic.

The wanksta-lite makeover can’t hide Zuck’s sins, from throttling The Post’s Hunter Biden laptop story before the 2020 election to deplatforming a sitting president, Donald Trump, to suppressing COVID-19 dissent.

No matter how many “Iron Neck” workouts he does in an attempt to de-nerd himself, the billionaire tech titan will always be a spineless coward whose monopoly needs to be broken up. No one person should be wielding historically unprecedented power to censor political thought and speech, least of all a socially inept tech bro.

The Facebook founder whose Meta group behemoth owns Facebook, Instagram and WhatsApp whined to Rogan Friday that “these people from the Biden administration would call up our team, and, like, scream at them, and curse,” to force them to take down posts. Now he tells us.

Fair-weather FB friend

But why did he stay quiet when the landmark censorship case Missouri v. Biden (now Murthy v. Missouri) was being heard by the Supreme Court? His testimony would have changed everything and shown conclusively that the Biden administration had systematically, illegally subverted the First Amendment.

It was only when House Judiciary chairman Jim Jordan started subpoenaing documents that Zuck fessed up that Facebook’s censorship of The Post was prompted by a specific warning from the FBI “about a potential Russian disinformation operation about the Biden family and Burisma in the lead up to the 2020 election.”

Previously he told Rogan in August 2022 that he did “not remember . . . specifically” the FBI warning but “it basically fit the pattern” of the Post story.

His p.r. people explicitly ruled out the Hunter Biden connection when I asked.

Zuckerberg announced the end of third-party fact-checking at Meta. zuck/Instagram

So, until Zuckerberg gets rid of all the Democrat operatives/censors and CIA/FBI moles in his outfit and opens the books like Elon Musk did with Twitter, why would anyone trust him?

And what about the $450 million in “Zuckerbucks” he donated for “election integrity” in 2020 that mainly helped Democrats? On top of censoring our stories, that makes twice that Zuckerberg interfered with the 2020 election and likely changed the course of history.

Hiring a few Trump allies and flying to Mar-a-Lago to kiss the ring is nowhere near enough.

Zuckerberg’s shameless efforts to worm his way into Trump world, outlined by Axios over the weekend, included a seven-step strategy to win over the president-elect that he unveiled with “a methodical striptease” over nine days:

Put a Trump friend on your board, with UFC CEO Dana White; promote a prominent Republican as your chief global affairs officer, former Bush operative Joel Kaplan; align your philosophy with Trump’s on free speech by ending the biased “fact-checking” program in exchange for X-style community notes; announce your philosophical change on “Fox & Friends,” knowing Trump is watching; take a big public stand on a favorite MAGA issue — ending DEI; amplify that stand with a Kaplan interview on “Fox News Digital”; Go on Joe Rogan’s podcast and blame the Biden administration for everything.

The only thing missing is Zuck’s $1 million donation to the president-elect’s inaugural fund.

Could he be any more obvious? Well, yes, as it turns out.

To complete his toady routine, on Friday, the day his latest soft-soap Rogan interview aired, Zuck flew to Palm Beach wearing a suit and — no kidding — red tie, parked his private jet next to Trump’s and groveled off to Mar-a-Lago for the second time since the November election. Ugh.


Zuckeberg boarding his plane after meeting with President-elect Trump at Mar-a-Lago on Jan. 10, 2024.
Zuckeberg boarding his plane after meeting with President-elect Trump at Mar-a-Lago on Jan. 10, 2024. MEGA for NY Post

I guess we can’t expect subtlety or finesse from a tech nerd.

But, as MAGA tribune Steve Bannon told me Sunday, the country has had a bellyful of “nerd rule.”

“Zuckerberg’s the worst of the worst. He had the biggest platform and went out of his way to try to crush the truth. Remember what he did to the laptop and anything from the pandemic . . . He’s been dead wrong on everything,” Bannon said. “He’s immature and lacks the judgment to have that much power and that much control.”

Danger of ‘nerd rule’

Zuckerberg pretends he’s always been pro-free speech, but he buckled at the first sign of bullying from Democrats who blamed Facebook for the 2016 successes of the Brexit referendum and Trump campaign. He obliged them by implementing biased fact-checking operations and censoring conservatives under the guise of “misinformation.”

Bannon was permanently banned from Facebook in November 2020 on the pretext that he had used the commonplace expression “heads on pikes” to describe how Trump should make an example of COVID tsar Tony Fauci.

Trump also was “indefinitely suspended” the day after the Capitol riot. Zuckerberg’s head of “global affairs,” Nick Clegg, a Europhile, anti-Brexit, anti-populist former British politician, declared it was a “very well-justified decision” to ban the sitting president. “You can’t incite violence on our platform.”

Trump’s video did not incite violence. He told the rioters to “go home in peace.”

But Zuckerberg was sucking up to a different president those days, embracing Biden’s “equity” agenda, and took to bolstering his woke corporate policies with an Obama alum as Facebook’s new “vice president of civil rights” and a global “oversight board” of human-rights activists paid to rubber-stamp its crackdown on conservatives.

“President Biden already issued a number of executive orders on areas that we as a company care quite deeply about,” Zuckerberg was heard saying in a recording of a Facebook staff meeting leaked to Project Veritas in 2021. “Areas like immigration, preserving DACA and ending restrictions on travel from Muslim-majority countries, as well as . . . on climate and advancing racial justice and equity.”

There’s nothing to stop this craven sycophant from reversing his new MAGA-friendly policies the minute the political winds change again.

“I don’t care how much he grovels to Donald Trump now as a supplicant. He will turn and he will turn hard as soon as it’s in his self-interest. Zuckerberg places the republic in a very dangerous situation, saddling the country with a nerd culture, nerd rule,” said Bannon. “The combo of tech and money is a unique national security threat to the US.”

Break up the tech elite

The only way to neutralize that threat is for the Trump Justice Department under incoming AG Pam Bondi, whose confirmation hearings start Wednesday, to launch antitrust action immediately to break up Big Tech’s monopoly on digital communication, in the way President Teddy Roosevelt broke up the railroad transportation monopoly in 1902.

Roosevelt’s trust-busting actions across various industries were popular with the public and ultimately were a boon to the economy, by fostering competition, which lowered prices and improved services.

As we are barreling toward an AI revolution that will change everything about the way we live and work, the last thing we need is for humanity’s fate to be controlled by a handful of megalomaniacal, low-empathy tech elites like Zuckerberg.



This story originally appeared on NYPost

Could the beaten-down Lloyds share price surge to 65p this year?

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Image source: Getty Images

After a bumpy few months, there’s a danger the Lloyds (LSE: LLOY) share price could dip below 50p for the first time since last March. 

As a long-term investor in the FTSE 100 bank, I hope that doesn’t happen. Although if it does, it won’t change the investment case, in my eyes. I still think this is still a solid long-term hold for dividend income and share price growth.

The Lloyds dividend looks pretty secure, with a trailing yield of 5.2%. That’s now forecast to hit 6.4%, still nicely covered twice by earnings.

Can this FTSE 100 bank bounce back?

Unfortunately, the share price has been volatile. It’s up 12% over the last 12 months, but over five years it’s down 12%. And the bumpiness looks to continue.

There’s lots to like about Lloyds. Its shares are incredibly cheap, trading at just 6.96 times trailing earnings. Like every bank, it’s also benefited from rising interest rates, which allows them to widen net interest margins. With rates now forecast to stay higher for longer, those margins should remain wide.

There are downsides to higher rates though. They make mortgages costlier, hitting demand. That’s a blow for Lloyds, which is the UK’s biggest lender. Debt impairments could rise as borrowers struggle.

Higher interest rates also give investors a higher rate of income from cash and bonds, without risking their capital. This makes dividend stocks like Lloyds less attractive.

Everyone is a bit gloomy about the UK economy. That’s a problem for Lloyds, which is exposed to its fortunes due to its narrow focus on domestic retail and commercial banking. If we slip into recession this will squeeze consumer spending, business confidence, demand for loans, credit quality and profitability.

Lloyds is working hard to boost its efficiency via cost-cutting initiatives such as branch closures, and its digital transformation programme. Sceptics question whether the big FTSE banks can adapt to structural changes such as the rise of fintech, although they’ve seen off the challenger bank threat pretty handily.

I’m expecting a bumpy ride from this stock

The 19 analysts offering one-year forecasts for Lloyds have produced a median share price target of almost 65p. That would mark an increase of more than 20% from today’s 53p. Combined with that yield, this would give me a total return of more than 25%. We’ll see.

I’m a bit gloomy about the UK outlook right now. There’s another shadow hanging over Lloyds, in the shape of the motor finance mis-selling scandal. We don’t know how that could pan out, but broker RBC has warned the bill could hit £3.9bn. Lloyds has only set aside £450m. Let’s hope RBC’s wrong.

The Lloyds share price has a lot of room for growth and could hit 65p this year. But if the economy slides and motor finance turns into a new PPI, it could just as easily slump to 45p.

I’ve given up predicting the Lloyd share price. I’m just going to hold on to what I’ve got, and reinvest every dividend I get. Over the longer run, I think it’ll make me a lot richer. Albeit slowly and bumpily.



This story originally appeared on Motley Fool

Here’s my £1,000,000 plan for my Stocks and Shares ISA

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Image source: Getty Images

The big advantage of a Stocks and Shares ISA is that protects investments from taxes on capital gains on dividends. And I’m aiming to get mine up to £1,000,000 in assets.

That won’t be straightforward – and investment returns are never guaranteed. But I have a plan for getting there before I reach retirement age (in 2056). 

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.

The road to a million

The road to a million is different for different people. The long-term average return from the FTSE 100 has been 6.5% – enough to get someone who invests £1,000 each month to £1,000,000 in 30 years.

My situation is different in two ways. The amount I have available each month is likely to vary – the way my income and outgoings work, I expect to be investing more in some months than others.

The second is I’m not starting from scratch. So I’m hopeful that I can get to £1,000,000 by 2056 even if I don’t manage to find £1,000 every month to buy shares with. 

Those two things mean I need to think carefully about how to go about investing. But I have a plan that I think gives me a decent chance of hitting my target.

My investment plan

The uneven nature of my income means I have a choice – I can either invest my cash as I get it, or I can try to spread it out to offset the unevenness. And I know what I plan on doing here.

Over the long term, I think holding excess cash – beyond what I need for my ordinary expenses and some for emergencies – is likely to weigh on my overall returns. So I’m looking to deploy it in the stock market as soon as I can.

There is, however, a caveat – I’m only willing to invest if I think I can manage at least the 6.5% return the FTSE 100 has been offering over the last couple of decades. 

Below that and it becomes less clear that the potential rewards are not worth the inherent risk of buying stocks. Fortunately, I think there are some decent opportunities available at the moment. 

A UK small-cap

FW Thorpe (LSE:TFW) is a stock I’ve been looking at recently – and I like what I’m seeing. The firm is a collection of businesses that manufacture specialist lighting solutions for industrial settings. 

The firm focuses on industries with regulatory requirements. Whether it’s healthcare settings or road tunnels, lighting needs to meet specific standards and this creates a barrier to entry for competitors.

While FW Thorpe has benefitted from lighting solutions moving from fluorescents to LEDs, this is now largely complete. That means there’s a risk growth might be slower in the future.

An ongoing shift to smart lighting as part of industry 4.0, however, could be the next boost for the company. And with the stock down 22% over the last 12 months, I think it also looks like good value. 

Building a portfolio

I don’t have cash available to invest right now – and I’m not willing to sell any of the investments in my Stocks and Shares ISA. But FW Thorpe is a company that has been catching my eye recently. 

I think there’s a good chance it can generate the 6.5% return I’m looking for. So there’s a good chance I’ll be adding it to my portfolio when I’m looking for stocks to buy later this month.



This story originally appeared on Motley Fool

2 FTSE 100 shares I plan to hold until 2050!

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Image source: Getty Images

I typically buy stocks with a view to holding them for a decade, or more. Here are two FTSE 100 shares I plan to hold in my portfolio for the next 25 years, at least.

Barratt Redrow

Housebuilders like Barratt Redrow (LSE:BTRW) remain largely out of fashion with investors today. Justifiable fears over cost inflation and future interest rates weighed heavily on the sector in the final months of 2024 and still do.

Yet I’ve clung on to my Barratt shares and plan to continue holding them for the long haul. Following its merger with Redrow last year, it’s by far the UK’s biggest builder by volume. And it has plans to supercharge production to take advantage of the market upturn when it comes.

It intends to ramp home completions up to 22,000 a year over the medium term, the firm announced at autumn’s AGM. That’s up from the planned 16,600-17,200 properties it expects for the current financial year (ending June).

After house prices moved back into growth last year, industry experts are largely confident of a sustained market recovery. Estate agent Hamptons, for instance, expects average house price growth of 3% this year, accelerating to 3.5% for 2026 and remaining robust at 2.5% the following year.

Driven by rapid population growth, I’m expecting house prices to maintain their steady climb through the coming decades. And I believe Barratt Redrow, which is also set to benefit from substantial post-merger revenues and cost synergies, is in the box seat to capitalise on this.

Coca-Cola HBC

Coca-Cola Hellenic Bottling Company (LSE:CCH) offers a delicious blend of growth potential and enduring resilience that I couldn’t resist.

As its name suggests, the FTSE 100 firm bottles and sells some of the world’s biggest drinks brands. Alongside Coke, it produces other heavyweight names like Sprite, Fanta and Monster Energy.

This provides me as an investor with excellent peace of mind. These labels remain in high demand at all points of the economic cycle, reflecting their reputation for quality and fashionability. Such qualities also allow Coca-Cola HBC to raise prices without suffering a painful drop in volumes, allowing the firm to grow earnings over time.

Its resilience was demonstrated in November’s most recent trading statement, which showed organic revenues up 13.9% in the third quarter and organic revenue per case up 9.5%. This was despite the tough economic conditions and inflationary pressures in a number of markets.

Yet, as I say, resilience isn’t Coca-Cola HBC’s only attractive characteristic. It also has exceptional growth potential, thanks to its wide geographic footprint that also straddles fast-growing emerging and developing economies in Eastern Europe and Africa.

On the downside, the bottling giant faces significant market competition from the likes of PepsiCo and is very dependent on its relationship with US-based Coca-Cola Co. But given its powerhouse brands and strong record of innovation, I believe it can continue to thrive in the decades ahead.



This story originally appeared on Motley Fool

Ralph Lauren Pre-Spring 2025: Bold Colors, Luxe Tailoring

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Ralph Lauren launches its pre-spring 2025 collection. Photo: Ralph Lauren

Ralph Lauren’s pre-spring 2025 collection focuses on transitional dressing with pieces that effortlessly blend utility and sophistication. Tailored suiting anchors the collection, such as a twill three-piece ensemble featuring a sleek jacket and vest, paired with wide-leg trousers.

Ralph Lauren Pre-Spring 2025 Collection

An embellished jacket stands out in Ralph Lauren's pre-spring 2025 collection.
An embellished jacket stands out in Ralph Lauren’s pre-spring 2025 collection. Photo: Ralph Lauren

Neutral tones dominate the palette, with splashes of vivid orange adding a bold twist. Luxurious fabrics, including silk, linen, and twill, highlight the top American brand’s luxurious choices.

Ralph Lauren Alecia Silk-Linen Twill Day Dress.
Ralph Lauren Alecia Silk-Linen Twill Day Dress. Photo: Ralph Lauren

A standout look is a sleeveless beige wrap dress, cinched at the waist with a leather belt, offering understated elegance. Meanwhile, knit sweaters paired with relaxed trousers emphasize versatility. Ralph Lauren also brings a modern take on femininity with off-the-shoulder dresses in striking shades.

Vika Evseeva wears a Ralph Lauren off-the-shoulder dress.
Vika Evseeva wears a Ralph Lauren off-the-shoulder dress. Photo: Ralph Lauren

“My Pre-Spring 2025 Collection is about a new kind of luxurious sportswear,” states Ralph Lauren. “It celebrates the spirit of utility with the romance of watercolor florals and shiny silks for a touch of sexy nonchalance.”

Suiting takes the spotlight in Ralph Lauren's pre-spring 2025 collection.
Suiting takes the spotlight in Ralph Lauren’s pre-spring 2025 collection. Photo: Ralph Lauren



This story originally appeared on FashionGoneRogue