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2025-01-11
Capitol rioter who tried to join Russian army is sentenced to prison for probation violationconditioning tips for cockfighting
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NEW HOPE, Pa. (AP) — Dayle Haddon, a Canadian-born actor, activist and trailblazing former “Sports Illustrated” model who pushed back against age discrimination by reentering the industry as a widow, has died in a Pennsylvania home from what authorities believe was carbon monoxide poisoning. Authorities in Bucks County found Haddon, 76, dead in a second-floor bedroom Friday morning after emergency dispatchers were notified about a person unconscious at the Solebury Township home. A 76-year-old man police later identified as Walter J. Blucas of Erie was hospitalized in critical condition. Responders detected a high level of carbon monoxide in the property and township police said Saturday that investigators determined that “a faulty flue and exhaust pipe on a gas heating system caused the carbon monoxide leak.” Two medics were taken to a hospital for carbon monoxide exposure and a police officer was treated at the scene. As a model, Haddon appeared on the covers of Vogue, Cosmopolitan, Elle and Esquire in the 1970s and 1980s, as well as the 1973 Sports Illustrated swimsuit issue. She also appeared in about two dozen films from the 1970s to 1990s, according to IMDb.com, including 1994’s “Bullets Over Broadway,” starring John Cusack. Haddon left modeling after giving birth to her daughter, Ryan, in the mid-1970s, but then had to reenter the workforce after her husband's 1991 death. This time she found the modeling industry far less friendly: “They said to me, ‘At 38, you’re not viable,’” Haddon told The New York Times in 2003. Working a menial job at an advertising agency, Haddon began reaching out to cosmetic companies, telling them there was a growing market to sell beauty products to aging baby boomers. She eventually landed a contract with Clairol, followed by Estée Lauder and then L’Oreal, for which she promoted the company's anti-aging products for more than a decade. She also hosted beauty segments for CBS’s “The Early Show.” "I kept modeling, but in a different way," she told The Times, “I became a spokesperson for my age.” In 2008, Haddon founded WomenOne, an organization aimed at advancing educational opportunities for girls and women in marginalized communities, including Rwanda, Haiti and Jordan.' Haddon was born in Toronto and began modeling as a teenager to pay for ballet classes — she began her career with the Canadian ballet company Les Grands Ballet Canadiens, according to her website . Haddon's daughter, Ryan, said in a social media post that her mother was “everyone’s greatest champion. An inspiration to many.” “A pure heart. A rich inner life. Touching so many lives. A life well lived. Rest in Light, Mom,” she said. The Associated PressNone
WASHINGTON (AP) — A Dallas man who tried to fly overseas to join the Russian military and fight against Ukraine was sentenced on Friday to six months in prison for violating the terms of his probation for storming the U.S. Capitol four years ago. Kevin Loftus, a 56-year-old veteran of the U.S. Army, was stopped from boarding an Oct. 28 flight from Dallas to Tbilisi, Georgia, by way of Istanbul, Turkey, when Turkish Airlines identified a “security flag” associated with him, according to federal prosecutors. Loftus didn't have the court's permission to travel internationally or to drive from Texas to Iowa, where the FBI arrested him three days after his flight plans fell apart, prosecutors said. Loftus told the FBI that he had hoped to secure a 90-day visa to travel to Russia, where he intended to apply for temporary residency. Loftus said he had used the Telegram messaging platform to communicate with a man who would connect him with the Russian Territorial Defense Unit, a volunteer military corps. “Loftus said he had already sent the man approximately $1200 to purchase equipment for Russian soldiers,” prosecutors wrote . “Loftus said his intent was to fight for Russia and against Ukraine.” Loftus declined to address the court before U.S. District Judge Dabney Friedrich sentenced him for the probation violation. The judge said Loftus has repeatedly violated court orders. “He doesn't think these rules should apply to him,” Friedrich said. “He wants to be above the law.” Defense attorney Benjamin Schiffelbein said Loftus wanted to enlist in the Russian military because he “felt bad” for Russian soldiers and wanted to help them. “He had no idea whether they could make use of him," the lawyer said. Loftus, a six-year Army veteran, intended to permanently relocate to another country, according to prosecutors. “And his planned travel was for the express purpose of joining a foreign army to take up arms against one of this country’s allies and in opposition to this country’s foreign policy,” they wrote. In January 2021, Loftus traveled from Wisconsin to Washington, D.C., to attend then-President Donald Trump's “Stop the Steal” rally near the White House. After joining the mob of Trump supporters at the Capitol, he entered the building and took photographs. He spent approximately five minutes inside the Capitol. Loftus was arrested at his Wisconsin home several days after the riot. He pleaded guilty in October 2021 to a misdemeanor count of parading, demonstrating or picketing in a Capitol building. After his arrest, Loftus posted comments about his case on social media, referring to himself as “famous” and a “hero” for taking part in the Jan. 6 attack. “Loftus also stated that he gained that fame by ‘standing up for all Americans’ because he ‘broke the law,’ and he would file lawsuits against unidentified persons after the criminal case was over,” prosecutors wrote . Prosecutors recommended 30 days of imprisonment for Loftus, but Friedrich initially sentenced him to three years of probation. For his probation violation, prosecutors requested a six-month prison sentence. They noted that Loftus, while on probation, also was arrested in December 2023 and charged with driving while intoxicated in Richardson, Texas. Loftus was required to attend a substance abuse program, but he avoided jail time for that violation. Over 1,500 people have been charged with Capitol riot-related crimes. More than 1,000 of them have been convicted and sentenced, with roughly two-thirds receiving a term of imprisonment ranging from a few days to 22 years . Trump has repeatedly vowed to pardon Capitol rioters, but the district court judges in Washington, D.C., typically have refused to postpone sentencings, plea hearings and trials until after the president-elect returns to the White House.HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) ( the "Company"), today announced the appointment of Lee Smith as Senior Executive Vice President and Chief Financial Officer (CFO), effective December 27, 2024 . The appointment follows the decision of current CFO Craig Gifford to step down to reengage in personal endeavors outside of the banking industry. Gifford will remain with the Bank through March 31, 2025 , and work closely with Smith during the transition period, ensuring a seamless hand-over and continued support for the Bank's ongoing initiatives. "For more than a decade, Lee has been an instrumental member of Flagstar's executive team. He is a proven leader with a strong track record, has the requisite experience and expertise, and possesses deep knowledge of the Company. The Board of Directors and I have full faith and confidence in Lee to continue to help guide the Company in this financial leadership position," said Joseph M. Otting , Chairman, President, and CEO. Smith joined legacy Flagstar Bancorp, Inc. in 2013 as Chief Operating Officer and his transition to CFO comes after serving on Flagstar's executive management team for more than a decade, most recently as President of Mortgage. He has an extensive background in accounting, finance, mortgage, private equity, and operations, spanning more than 25 years. His experience in managing large-scale transactions, optimizing financials and operations, and working with regulators demonstrates a strong ability to drive financial performance, ensure compliance, and lead financial operations. Additionally, his leadership in M&A deals, capital markets, and financial management positions him well to oversee financial strategies, risk mitigation, and operational efficiency at a senior financial level. His prior roles include Partner at Matlin Patterson Global Advisers LLC, a private investment firm. He is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW) since 1998 and has a BSc in Economics and Accountancy from Loughborough University in England . Otting added, "I want to express our sincere appreciation to Craig for his impactful contributions over the past year. His leadership during this time has been invaluable, and we wish him all the best. As all of our stakeholders know, we have been working relentlessly to elevate Flagstar to new heights. I also recognize the personal sacrifices and time commitment required away from our personal lives for this journey. Given the substantial progress we've made as a Company, I am comfortable that this is a good time for this transition, and I am confident the momentum we've gained will only strengthen as we move forward." About Flagstar Financial, Inc. Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York . At September 30, 2024, the Company had $114.4 billion of assets, $73.0 billion of loans, deposits of $83 .0 billion, and total stockholders' equity of $8 .6 billion. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 80 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses. Cautionary Statements Regarding Forward-Looking Statements This release may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our merger with Flagstar Bancorp, Inc., which was completed on December 1, 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, and our ability to fully and timely implement the risk management programs institutions greater than $100 billion in assets must maintain; (h) the effect on our capital ratios of the approval of certain proposals approved by our shareholders during our 2024 annual meeting of shareholders; (i) the conversion or exchange of shares of the Company's preferred stock; (j) the payment of dividends on shares of the Company's capital stock, including adjustments to the amount of dividends payable on shares of the Company's preferred stock; (k) the availability of equity and dilution of existing equity holders associated with amendments to the 2020 Omnibus Incentive Plan; (l) the effects of the reverse stock split; and (m) transactions relating to the sale of our mortgage business and mortgage warehouse business. Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; the Company does not assume any duty, and does not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; recent turnover in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; the success of our blockchain and fintech activities, investments and strategic partnerships; the restructuring of our mortgage business; our ability to recognize anticipated expense reductions and enhanced efficiencies with respect to our recently announced strategic workforce reduction; the impact of failures or disruptions in or breaches of the Company's operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, military conflict (including the Russia / Ukraine conflict, the conflict in Israel and surrounding areas, the possible expansion of such conflicts and potential geopolitical consequences), terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed on December 1, 2022 , and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that the Company may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. Additionally, there can be no assurance that the Community Benefits Agreement entered into with NCRC, which was contingent upon the closing of the Company's merger with Flagstar Bancorp, Inc., will achieve the results or outcome originally expected or anticipated by us as a result of changes to our business strategy, performance of the U.S. economy, or changes to the laws and regulations affecting us, our customers, communities we serve, and the U.S. economy (including, but not limited to, tax laws and regulations). More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10 ‐ K/A for the year ended December 31, 2023, Quarterly Report on Forms 10-Q for the quarters ended March 31, 2024 , June 30, 2024 , and September 30, 2024 , and in other SEC reports we file. Our forward ‐ looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our SEC filings, which are accessible on our website and at the SEC's website, www.sec.gov . Investor Contact: Salvatore J. DiMartino (516) 683-4286 Media Contact: Steven Bodakowski (248) 312-5872 View original content to download multimedia: https://www.prnewswire.com/news-releases/flagstar-financial-inc-names-lee-smith-as-chief-financial-officer-302331680.html SOURCE Flagstar Financial, Inc.Lincoln National Corp. stock underperforms Friday when compared to competitors despite daily gains
Ange Postecoglou fights on as Tottenham return to scene of Antonio Conte rantAt least 460 fighters from the paramilitary Rapid Support Forces were killed in an ambush by the Sudanese army and allied joint forces in the state of North Darfur in western Sudan, according to a military communique. or signup to continue reading In the statement issued on Sunday, Joint Forces military spokesman Ahmed Mustafa said the army and its allied militias ambushed three RSF convoys north of the town of Malit on Saturday afternoon. "The fighting resulted in the death of more than 460 members of the (RSF) militia, including prominent commanders... notably Taha Mudalal, the nephew of militia leader Mohamed Hamdan Dagalo (alias Hemedti)," Mustafa said in the statement. He also claimed that the army and joint forces destroyed more than a hundred RSF military vehicles and seized 60 others that were "in excellent condition." "We report that three convoys of the (RSF) militia have been completely wiped out, causing them heavy human and material losses, while security control in the liberated areas has been strengthened and secured," the statement added. Malit is about 60km north of Al Fasher, the capital of North Darfur and the only army stronghold in western Sudan. The FAR controls four of the five states that make up the Darfur region and has intensified its attacks on North Darfur, which is home to the army's main headquarters and several displacement camps that house tens of thousands of people. The war in Sudan began on April 15, 2023, and has resulted in tens of thousands of deaths and made the country the site of the world's worst displacement crisis, with more than 14 million people forced to flee their homes, including more than three million who have fled to neighbouring countries. The Sudanese Armed Forces - under Abdel Fattah al-Burhan - and General Hemedti's RSF were part of the military government that seized power in 2021 and began a political process to return the country to a democratic path that included integrating the RSF into the regular army when tensions flared and all-out war broke out between the two. Several human rights organisations and countries such as the United States have accused both the army and the FAR of committing crimes against humanity and even ethnic cleansing during the war, which both sides have denied. The atrocities are reminiscent of the Darfur genocide when an estimated 200,000 people were killed between 2003 and 2005 Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . Advertisement
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Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Noodles and wine are the secret ingredients for a strange new twist in China's doping saga Blame it on the noodles. That's what one Chinese official suggested when anti-doping leaders were looking for answers for the doping scandal that cast a shadow over this year's Olympic swim meet. Earlier this year, reports that 23 Chinese swimmers had tested positive for a banned heart medication emerged. None were sanctioned because Chinese authorities determined the swimmers were contaminated by traces of the drug spread about a hotel kitchen. In a strange twist, the leader of China's anti-doping agency suggested this case could have been similar to one in which criminals were responsible for tainting noodles that were later eaten by another Chinese athlete who also tested positive for the drug. Conor McGregor must pay woman $250K in sexual assault case, civil jury rules LONDON (AP) — A civil jury in Ireland has found that mixed martial arts fighter Conor McGregor sexually assaulted a woman in a hotel penthouse after a night of heavy partying. The Dublin jury awarded the woman more than $250,000 for her lawsuit that claimed McGregor “brutally raped and battered” her on Dec. 9, 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified he never forced her to do anything and that the woman had fabricated her allegations after the two had consensual sex. The jury found for the woman on Friday. Nick Chubb plows through heavy snow for 2-yard TD, giving Browns 24-19 win over Steelers CLEVELAND (AP) — Nick Chubb ran for a 2-yard touchdown in heavy snow with 57 seconds left, and the Cleveland Browns stunned division rival Pittsburgh 24-19, ending the Steelers’ five-game winning streak. The Browns had blown a 12-point lead in the fourth quarter and were down 19-18 before getting the ball back with 3:22 remaining after Pittsburgh punter Corliss Waitman shanked a 16-yarder. With snow piling up and covering the yard lines on the field, Cleveland’s Jameis Winston completed a third-down pass to Jerry Jeudy to the Pittsburgh 9. Two plays later, Chubb barreled into the end zone. The AFC North-leading Steelers fell to 8-3 while the Browns are 3-8. Shohei Ohtani in early stages of rehab from shoulder surgery and hopes to be ready for opening day LOS ANGELES (AP) — Shohei Ohtani is in the early stages of rehabilitation from left shoulder surgery after the World Series. The Los Angeles Dodgers superstar says the goal is for him to be ready to pitch and hit by opening day next March, but he's going to be conservative in his approach and make sure he's totally healthy first. Ohtani won his third MVP award Thursday, and first in the National League. He was in Los Angeles with his wife and beloved dog, Decoy, although because of his surgery four days after the Dodgers' World Series victory over the New York Yankees, the family hasn't been able to celebrate. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. In a 'Final Four-type weekend,' two top-6 clashes put women's college basketball focus on West Coast LOS ANGELES (AP) — Two games featuring four powerhouse teams has put the focus in women's college basketball on the West Coast this weekend. JuJu Watkins and No. 3 Southern California host Hannah Hidalgo and No. 6 Notre Dame on Saturday. Top-ranked South Carolina visits Lauren Betts and fifth-ranked UCLA on Sunday. Both games are nationally televised and the arenas are expected to be packed. WNBA scouts will be on hand to check out some of the nation's top talent. Two teams will come away with their first losses of the season. USC coach Lindsay Gottlieb calls it “a Final Four-type weekend.” A documentary featuring Watkins will air on NBC ahead of USC's game, which leads into the Army-Notre Dame football game. Shohei Ohtani wins third MVP award, first in NL. Aaron Judge earns second AL honor in 3 seasons NEW YORK (AP) — Shohei Ohtani won his third Most Valuable Player Award and first in the National League, and Aaron Judge earned his second American League honor on Thursday. Ohtani was a unanimous MVP for the third time, receiving all 30 first-place votes and 420 points in voting by the Baseball Writers’ Association of America. New York Mets shortstop Francisco Lindor was second with 263 points and Arizona second baseman Ketel Marte third with 229. Judge was a unanimous pick for the first time. Kansas City shortstop Bobby Witt Jr. got all 30 second-place votes for 270 points, and Yankees outfielder Juan Soto was third with 21 third-place votes and 229 points.HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) ( the "Company"), today announced the appointment of Lee Smith as Senior Executive Vice President and Chief Financial Officer (CFO), effective December 27, 2024 . The appointment follows the decision of current CFO Craig Gifford to step down to reengage in personal endeavors outside of the banking industry. Gifford will remain with the Bank through March 31, 2025 , and work closely with Smith during the transition period, ensuring a seamless hand-over and continued support for the Bank's ongoing initiatives. "For more than a decade, Lee has been an instrumental member of Flagstar's executive team. He is a proven leader with a strong track record, has the requisite experience and expertise, and possesses deep knowledge of the Company. The Board of Directors and I have full faith and confidence in Lee to continue to help guide the Company in this financial leadership position," said Joseph M. Otting , Chairman, President, and CEO. Smith joined legacy Flagstar Bancorp, Inc. in 2013 as Chief Operating Officer and his transition to CFO comes after serving on Flagstar's executive management team for more than a decade, most recently as President of Mortgage. He has an extensive background in accounting, finance, mortgage, private equity, and operations, spanning more than 25 years. His experience in managing large-scale transactions, optimizing financials and operations, and working with regulators demonstrates a strong ability to drive financial performance, ensure compliance, and lead financial operations. Additionally, his leadership in M&A deals, capital markets, and financial management positions him well to oversee financial strategies, risk mitigation, and operational efficiency at a senior financial level. His prior roles include Partner at Matlin Patterson Global Advisers LLC, a private investment firm. He is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW) since 1998 and has a BSc in Economics and Accountancy from Loughborough University in England . Otting added, "I want to express our sincere appreciation to Craig for his impactful contributions over the past year. His leadership during this time has been invaluable, and we wish him all the best. As all of our stakeholders know, we have been working relentlessly to elevate Flagstar to new heights. I also recognize the personal sacrifices and time commitment required away from our personal lives for this journey. Given the substantial progress we've made as a Company, I am comfortable that this is a good time for this transition, and I am confident the momentum we've gained will only strengthen as we move forward." About Flagstar Financial, Inc. Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York . At September 30, 2024, the Company had $114.4 billion of assets, $73.0 billion of loans, deposits of $83 .0 billion, and total stockholders' equity of $8 .6 billion. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 80 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses. Cautionary Statements Regarding Forward-Looking Statements This release may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our merger with Flagstar Bancorp, Inc., which was completed on December 1, 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, and our ability to fully and timely implement the risk management programs institutions greater than $100 billion in assets must maintain; (h) the effect on our capital ratios of the approval of certain proposals approved by our shareholders during our 2024 annual meeting of shareholders; (i) the conversion or exchange of shares of the Company's preferred stock; (j) the payment of dividends on shares of the Company's capital stock, including adjustments to the amount of dividends payable on shares of the Company's preferred stock; (k) the availability of equity and dilution of existing equity holders associated with amendments to the 2020 Omnibus Incentive Plan; (l) the effects of the reverse stock split; and (m) transactions relating to the sale of our mortgage business and mortgage warehouse business. Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; the Company does not assume any duty, and does not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; recent turnover in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; the success of our blockchain and fintech activities, investments and strategic partnerships; the restructuring of our mortgage business; our ability to recognize anticipated expense reductions and enhanced efficiencies with respect to our recently announced strategic workforce reduction; the impact of failures or disruptions in or breaches of the Company's operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, military conflict (including the Russia / Ukraine conflict, the conflict in Israel and surrounding areas, the possible expansion of such conflicts and potential geopolitical consequences), terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed on December 1, 2022 , and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that the Company may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. Additionally, there can be no assurance that the Community Benefits Agreement entered into with NCRC, which was contingent upon the closing of the Company's merger with Flagstar Bancorp, Inc., will achieve the results or outcome originally expected or anticipated by us as a result of changes to our business strategy, performance of the U.S. economy, or changes to the laws and regulations affecting us, our customers, communities we serve, and the U.S. economy (including, but not limited to, tax laws and regulations). More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10 ‐ K/A for the year ended December 31, 2023, Quarterly Report on Forms 10-Q for the quarters ended March 31, 2024 , June 30, 2024 , and September 30, 2024 , and in other SEC reports we file. Our forward ‐ looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our SEC filings, which are accessible on our website and at the SEC's website, www.sec.gov . Investor Contact: Salvatore J. DiMartino (516) 683-4286 Media Contact: Steven Bodakowski (248) 312-5872 View original content to download multimedia: https://www.prnewswire.com/news-releases/flagstar-financial-inc-names-lee-smith-as-chief-financial-officer-302331680.html SOURCE Flagstar Financial, Inc.
GAVIN and Stacey's epic finale show left millions of fans on the edge of their seats on Christmas Day. But even the cast couldn't predict one of the big twists that was sprung on viewers during the show. Viewers were already nervously waiting to find out whether Smithy (played by James Corden) would marry Nessa (Ruth Jones) or Sonia (Laura Aikman) . Then suddenly, another bombshell was dropped from nowhere. It emerged that Stacey's mum Gwen (Melanie Walters) had been enjoying a secret fling with Dave Coaches (Steffan Rhodri) - and even the cast were stunned by this revelation. Lauren Cornelius, who played the part of Sonia's bridesmaid Anna, has revealed the huge twist made the stars of the show gasp out loud during the first read through of the script . The actress told The Mirror : "Gwen and Dave - we all gasped at the table, everyone went, 'Oh my GOD'. "That was a huge twist that I would have never thought about, it took everyone by surprise, what a brilliant twist." Gavin and Stacey: The Finale drew in more than 12.3million viewers on Christmas Day. Viewers were desperate to see whether Smithy (played by James Corden) had accepted Nessa's proposal, which was the 2019 Christmas special cliffhanger. But after being led to believe he had, fans were stunned to see his uptight girlfriend Sonia sitting in John Lewis when he headed there to complete his wedding gift list. Lauren has also revealed the extreme measures James, Ruth and the other show bosses went to in order for Sonia's comeback not to leak. The actress wasn't even sure what she was auditioning for when she sent off a tape of herself via her agent. She was then called for a brief read-through with James and Ruth but her character was given several different names to confuse things. "It was Katie first, then it was Leticia, and then it was Anna," Lauren also told The Mirror. And as filming got underway, Lauren says Sonia was missing from scripts and Laura Aikman , was kept away from the rest of the cast and even hidden under umbrellas. "We never met Laura until filming, she was secret, she was in different hotels and not allowed to be part of anything," Lauren said. "She didn't exist, her name wasn't on anything." Fans were thrilled to see Nessa finally get her happy ending, as the last ever episode of Gavin and Stacey saw her marrying Smithy. The episode drew in more than 12million viewers - including James, 46, and Ruth, 58, themselves. The pair spent Christmas Day together in order to watch the finale side by side. James and Ruth posed for a selfie beforehand, which James posted on social media alongside the caption: "We had to be together to watch tonight." With the news that the show is set to make an exciting return to screens, let's take a look at some of the comedy programme's biggest and best moments... He added: "We really hope you enjoy the finale of Gavin and Stacey. "It has been the greatest privilege making this show over the past 17 years. "We’ll see you on BBC One at 9pm. The years go by so fast, let’s hope the next beats the last. Happy Christmas. x."
Beyoncé trolls Netflix over streaming concernsJERUSALEM US Central Command (CENTCOM) chief Gen. Michael Erik Kurilla discussed the situation in Lebanon with Israeli army chief Herzi Halevi, the Israeli military said on Saturday. "The Commander of CENTCOM General Michael “Erik” Kurilla, arrived in Israel yesterday as the official guest of the Chief of the General Staff LTG Herzi Halevi," the military said on X. The two conducted a "situational assessment" along with the head of the operations directorate and the commanding officer of the Northern Command that "focused on security and strategic issues with an emphasis on Lebanon." In recent months, Kurilla has visited Israel multiple times, reflecting the strong support provided by Washington on military, intelligence, and political levels. Israel was engaged in cross-border warfare with Hezbollah since the beginning of Gaza war, but it launched an extensive air campaign on Lebanon in late September, followed by a ground invasion the next month. Over 3,600 people have been killed by Israeli attacks in Lebanon, and over 1 million have been displaced since last October, according to Lebanese health authorities. *Writing by Rania Abu Shamala
KBW Announces Index Rebalancing For Fourth-Quarter 2024Fruster scores 15, Eastern Illinois beats Blackburn 99-55EVANSVILLE, Ind. (AP) — Cameron Haffner scored 13 points as Evansville beat Missouri State 57-40 on Sunday to snap a five-game losing streak. Haffner went 5 of 12 from the field (3 for 7 from 3-point range) for the Purple Aces (4-9, 1-1 Missouri Valley Conference). Joshua Hughes added 11 points, nine rebounds and four steals. Tayshawn Comer scored 11. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
No. 24 UCLA, Arizona have first reunion since Pac-12 daysINGLEWOOD, Calif. — Ahkello Witherspoon made a diving interception on a deflected pass in the end zone with 37 seconds to play, and the Los Angeles Rams barely maintained command of the NFC West race with a 13-9 victory over the Arizona Cardinals on Saturday night. Puka Nacua had 129 yards receiving and Kyren Williams scored the only touchdown for the Rams (10-6), who grinded through a difficult offensive night and survived a hair-raising fourth quarter for their fifth consecutive victory. The Rams host Seattle (9-7) in their regular-season finale next weekend, but they could already have coach Sean McVay’s fourth division title clinched before then. If the Bills, Browns, Vikings, Commanders and 49ers combine for three wins — or two wins and a tie — over the next two days, Los Angeles will be NFC West champions based on its strength of schedule, no matter what happens against Seattle. If the Rams don’t get that strength-of-schedule help this week, they’re still in command of the division race: The Seahawks will have to beat the Rams and get help from multiple teams to claim the West while denying the Rams’ sixth playoff berth in eight seasons under McVay. The Rams narrowly avoided a winner-take-all finale against Seattle by holding off the Cardinals, who played a tremendous defensive game one week after getting eliminated from playoff contention. Kyler Murray passed for 321 yards and threw two late interceptions for Arizona (7-9), which managed just three points out of three drives into Rams territory in the fourth quarter. Arizona Cardinals quarterback Kyler Murray, left, is sacked by Los Angeles Rams defensive tackle Braden Fiske (55) during the first half of an NFL football game Saturday, Dec. 28, 2024, in Inglewood, Calif. Credit: AP/Ryan Sun Arizona drove to the Los Angeles 5 in the final minute, but when Murray’s first-down pass deflected off tight end Trey McBride's helmet, Witherspoon made a fingertip interception in the end zone that was upheld by video review. Matthew Stafford, who passed for 189 yards, ran out the clock on the Rams' ninth win in 11 games since their bye. McBride made both his 100th reception and his first touchdown catch of the season for Arizona, which has lost five of six. McBride had 12 catches for 123 yards, and Marvin Harrison Jr. had 96 yards receiving. Williams' 14th rushing TD of the season 3:23 before halftime opened the scoring and capped the Rams' first good drive. Los Angeles Rams quarterback Matthew Stafford (9) throws under pressure from Arizona Cardinals linebacker Zaven Collins (25) during the first half of an NFL football game Saturday, Dec. 28, 2024, in Inglewood, Calif. Credit: AP/Alex Gallardo Arizona finally scored midway through the third quarter on a 1-yard catch by McBride, who finally scored his first touchdown on his 98th catch of the season. He is the 10th tight end in NFL history to catch 100 passes in a season. The Cardinals got to 10-9 early in the fourth quarter with Chad Ryland's short field goal after their second straight impressive drive. Rams rookie Joshua Karty made his second field goal with 6:41 left to cap a 7 1/2-minute drive. Arizona drove to the Rams 40, but the drive stalled before rookie Kam Kinchens intercepted Murray's heave to the goal line with 3:02 left. But Kinchens cost the Rams 40 yards of field position by returning it to the 11 instead of batting it down, and the Rams' offense punted the ball back to the Cards just 1:01 later. Hoecht's swat Michael Hoecht blocked Arizona's extra-point attempt in the third quarter. The linebacker leads the NFL this season with three blocked kicks, the second-most in Rams history. Injuries Cardinals: CB Garrett Williams was evaluated for a concussion in the second half. ... RB James Conner suited up despite a knee injury, but had just four ineffective carries before getting shut down. Rams: RT Rob Havenstein sat out with a shoulder injury incurred during practice this week. The veteran missed his fifth game of the season. Up next The Rams have won three straight and 11 of their last 15 over Seattle. The Cardinals finish at home against the 49ers.
SEATTLE (AP) — Great Osobor and Zoom Diallo each scored a dozen points and Washington rolled to a 90-53 win over NJIT Sunday in its final tune-up before diving full-time into the Big Ten season. The Huskies bounced back from an upset loss at the hands of Seattle U that snapped a 19-game win streak against the cross-town rival. Osobor opened the game with a three-point play in the first minute and followed it with a layup and the Huskies raced to a 20-point lead by intermission, 46-26. Washington's bench saw plenty of playing time with four players scoring at least nine points. Diallo led the bench effort with 12 points, five assists and a pair of steals. Wilhelm Briedenbach finished with 10 points and five rebounds. Sebastian Robinson was 5 of 22 from the field, including 0-for-4 from distance, but led the Highlanders (2-12) with 16 points. Tim Moore Jr. added 14 points and Ari Fulton contributed 11. The Huskies will look look for their first Big Ten Conference victory after an 0-2 start when they play host to Maryland on Thursday and No. 24 Illinois on Sunday. NJIT returns home to host Medgar Evers on Saturday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
NEW YORK — When a sports team loses, its fans don’t hang around for the postgame show. The same goes for the habits of cable news audiences. Viewers have fled left-leaning MSNBC since Vice President Kamala Harris lost the presidential race to former President Donald Trump on Nov. 5. The audience for the Comcast-owned channel is down 46 percent compared to the first 10 months of 2024, according to Nielsen data. CNN, which has long battled ratings swings dictated by news coverage, is down 33 percent after the election. Fox News, which last week presented Trump with its “Patriot of the Year” honor, has seen its audience surge. In November, the Murdoch family’s network captured a 70 percent share of the cable news audience in the weeks since the president-elect won another term in the White House; that’s the largest in its history. The ratings tumult comes at a time when the cable business is facing an existential crisis, as more consumers are forgoing the pay-TV subscriptions that provide most of its revenue. The corporate parents of the major news outlets are facing business challenges as well. CNN is expected to make significant workforce cuts early next year as its parent company, Warner Bros. Discovery, tries to reduce debt. Comcast is spinning off MSNBC and its other cable networks into a new company so that the declining business does not drag down its stock price. Some of MSNBC’s biggest stars, including Rachel Maddow, Joy Reid and Stephanie Ruhle, have been asked to take pay cuts, as revenues and profits come under pressure. While Fox News is more dominant than ever in the ratings, its corporate parent, Fox Corp., also faces uncertainty. Rupert Murdoch’s attempt to give control of his media empire to his son Lachlan was rejected by a Nevada probate commissioner this week. The proposed change in the family trust, which aimed to cut out the more liberal-leaning Murdoch siblings, has led to speculation that there could be a conflict over the network’s conservative direction after the 93-year-old mogul dies. While those factors loom, the networks also have to fight the ongoing trend of consumers cutting the cable cord. Fox News, CNN and MSNBC are all currently available in around 66 million pay TV households, according to Nielsen data, a 28 percent decline from 2016, the year Trump’s unpredictable presidential candidacy turbocharged their ratings. Despite the steady erosion of pay-TV coverage, Fox News and MSNBC have maintained their popularity among viewers still using cable. Fox News will finish the year with an average of 1.5 million viewers over the full day, an increase of 5 percent from 2016. MSNBC has 820,000 viewers, up 35 percent from that year. CNN, which has faced management changes and a shift away from opinionated hosts, has not fared as well, dropping 34 percent over the period to 493,000 viewers. All of the cable news channels saw growth over 2023 thanks to major political events such as the party nominations and debates brought in larger audiences. Through Dec. 10, Fox News is up 21 percent, MSNBC gained 5 percent and CNN increased 3 percent. Trump remains a ratings driver for Fox News, and the network was again the main destination for viewers following his campaign. From June 27, the date of President Biden’s disastrous debate performance against Trump, through July 12, Fox News saw its audience increase 51 percent compared to the period a year earlier, far higher than its competitors. The levels spiked after the July 13 assassination attempt on Trump through July 21, when Biden dropped out of the race — a turning point many Fox News commentators had speculated about for months. The network saw a 147 percent year-to-year increase over that span. Just as Trump performed better this time with voters in liberal states such as New York and California, Fox News is seeing ratings lifts in Democratic cities as well. The gains began in October 2023 after Hamas launched its attack on Israel. While the evidence is anecdotal, Fox News executives believe pro-Israel viewers in Democratic-leaning markets came to the network for its Middle East coverage. Some of them have stuck around. Fox News also has pointed to Nielsen data that shows that a growing number of Democrats and self-described independent voters are watching. “There is no doubt we are getting new viewers,” Fox Corp. Chief Financial Officer Steve Tomsic said at a recent UBS investors conference. “People think Fox News is just the conservatives of the United States. It’s not.” But the biggest fan of Fox News will be found in the Oval Office starting in January. While Trump occasionally grumbles about the network’s news coverage of him, he has dipped deep into its roster of hosts and contributors for cabinet posts, including his embattled defense secretary nominee, Pete Hegseth. While Fox News is polarizing in the public discourse, its fans are loyal. A recent study of election night viewers by media research firm Magid showed Fox News viewers had the highest satisfaction level among those surveyed, followed by audiences for MSNBC, YouTube and local TV stations. The Fox News audience grew the most after a tough year in which the network paid a $787 million settlement to Dominion Voting Systems over false fraud claims made during coverage of the 2020 election. Just a week after the decision, top-rated host Tucker Carlson was dumped by Murdoch, which led to an overall ratings decline. But the network has long been successful at bouncing back from disruptions to its program lineup. Jesse Watters, a veteran personality on the network, replaced Carlson in his high-profile time period and is exceeding his ratings performance in total viewers and the 25-to-54 age demographic sought by advertisers. Before the exodus of viewers post-election day, MSNBC was on track for a second consecutive year of audience growth, a rarity in the cable business these days. Nielsen data shows that most of those viewers — likely fatigued or depressed about the election’s outcome — are tuning out news altogether. Many of them have headed for outlets that provide escapist entertainment, such as the Hallmark Channel. The postelection dropoff has happened before. When Hillary Clinton lost to Trump in 2016, MSNBC saw its prime-time ratings decline by 41 percent in the following weeks. Fox News saw an audience decline in 2020 after Trump lost to Biden, with viewers particularly irked that the network had called Arizona for the Democrat days ahead of its competition. MSNBC executives, who were not authorized to speak publicly on the matter, are counting on the network’s devoted viewers to return as well, especially as disappointment over the Democratic loss fades and Trump makes news with his campaign promises such as mass deportations of migrants. The hope is the viewing will bounce back in January and return to its pre-election levels by spring. While liberal fans are said to be angry that MSNBC “Morning Joe” hosts Joe Scarborough and Mika Brzezinski made peace with Trump in a Mar-a-Lago visit last month, the ratings drop on their influential Beltway-focused program is no larger than the declines occurring across the rest of the network. MSNBC has a viewer panel it uses for research purposes. According to people familiar with the data who were not authorized to discuss it publicly, there have been only a handful of complaints about the network’s election coverage. The network’s programming has remained popular on YouTube, where it reaches younger viewers who likely don’t have a cable subscription. CNN improved on the lows it hit in 2023 but fell behind MSNBC for third place for the second consecutive year. As the pay-TV market deteriorates, CNN has stressed that it’s focused on digital distribution of its journalism, adding a paywall to its web site, which Comscore says is visited by 147 million people a month. More subscription-based offerings are expected to be launched next year.
At last month's 2024 SEMA show in Las Vegas, Nevada, all eyes were on Toyota. or signup to continue reading With Ford stepping down from its prime position within the central hall a couple of years ago, Toyota seized the opportunity and jumped in to make a statement. Now firmly holding this coveted spot, Toyota showcased a lineup of off-road-ready vehicles, including a range of LandCruiser-based models, each one tailored for off-road adventures. . The centrepiece of Toyota's display was the new , which is known simply as the LandCruiser in the US market, where the 70 Series and 300 Series aren't sold. The first new Prado in 15 years dominated the Japanese giant's stand, with a variety of highly accessorised and specifically customised models, including wild concepts, overland kings, and retro throwbacks. The futuristic Modellista body-kitted version was by far the most extreme visually, with its bold exterior additions and striking black paintwork with bright lime green accents. Created for the world's biggest carmaker by Modellista, a brand that sits within Toyota Customising Development (TCD), the Modellista Overland Vision Concept boasted a daring presence that marketing material described as 'the ultimate fun vehicle that doesn't limit adventurous spirits'. Apparently an example of 'sophisticated armoured gear', the protective panels are designed to resist the wear and tear of harsh off-road conditions. Meantime, the Baja Cruiser, built in partnership with Westcott Designs, brings rugged trophy truck-like performance to the Prado. From the lower control arms to the roof rack, almost every part of this build was handcrafted in-house by Westcott Designs. Kitted out with racing seats and harnesses, a full internal roll cage and extended-droop long-arm off-road racing suspension, the Baja Cruiser is a race-ready concept that highlights the adaptability and ruggedness of the LandCruiser's TNGA-F platform. Arguably the highlight of this contingent of Prados was the LandCruiser ROX Concept, which became a massive attraction and a true showstopper at SEMA. Garnering significant media attention even before the event, the ROX Concept created a serious buzz that drew crowds eager to see it up close. The futuristic off-road machine was designed to push the boundaries of what's possible, featuring a heavily armoured exoskeleton and a roof-mounted solar panel array to generate auxiliary power. With adjustable air suspension, larger off-road tyres, and a unique cabin layout optimised for adventure, the ROX is Toyota's vision of the ultimate overlanding vehicle. While there are no immediate plans for production, the ROX Concept certainly made a big impression in Vegas. Toyota also had a version of its round-eyed LandCruiser 1958, featuring factory-supplied rock rails and aftermarket storage in the form of molle-style rear-side window gear tote plates and a roof rack, while the Classic Adventure Cruiser was a visual throwback to the 60 Series LandCruiser complete with retro graphics and old-school spokeless white wheels. With Ford vacating its central position at SEMA, Toyota wasted no time in taking over and maximising its prominent floorspace, turning it into a mecca for off-road enthusiasts. Perhaps the most unexpected element of Toyota's SEMA display was the sheer number of vehicles that were fully kitted out for genuine overlanding, many of them with rooftop tents, dual-battery setups, portable fridges, and recovery gear. Toyota appears to not just be paying lip service to the overland community, but really embracing it. This strategy reflects a broader industry trend in which carmakers are no longer leaving the customisation game to aftermarket players, but instead offering genuine factory-made or at least backed options that cater directly to enthusiasts. A good percentage of these accessories were also supplied through a strengthening relationship with Australian 4×4 accessory giant ARB. Toyota's 2024 SEMA show presence signals a clear direction for Japan's biggest carmaker: embracing its off-road heritage while integrating cutting-edge technology. The LandCruiser family remains a pillar of Toyota's global off-road vehicle strategy. However, Toyota will need to contend with a growing number of more affordable Chinese rivals, and needs to keep innovating to retain its hard-earned reputation and customer base. Content originally sourced from: Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementMiami Heat center Thomas Bryant will be traded to the Indiana Pacers in exchange for a second-round pick swap, ESPN's Shams Charania reported on Friday . The deal cannot be made official until Sunday, as Bryant, who re-signed with the Heat on a one-year, $2.8 million minimum contract last summer, will not be trade-eligible until Dec. 15. This is not the kind of move that will get everybody buzzing about the beginning of trade season. It will, however, give the Pacers a healthy backup center. Those have been in short supply in Indiana, as both Isaiah Jackson and James Wiseman suffered season-ending Achilles injuries less than two weeks into the regular season. For most of the season, the Pacers have used Obi Toppin as a small-ball center when Myles Turner has been off the court. They signed Moses Brown a few weeks ago but waived him on Monday, opening up a roster spot. Brown played a total of 46 minutes in nine games. Bryant, 27, was a fixture in Miami's rotation for the first couple of weeks of the season, but this was because Kevin Love was sidelined. He has only appeared in three games since Nov. 8. By trading Bryant, the Heat have given themselves another roster spot and a bit more wiggle room under the second apron, both of which could come in handy if they make more trades. In 10 appearances for Miami this season, Bryant averaged 4.1 points on 62.4% true shooting, 3.2 rebounds and 0.9 blocks in 11.5 minutes per game and shot 6 for 14 (42.9%) on catch-and-shoot 3s. Indiana is 10-15 on the season and ninth in the East, four games behind the fifth-place Heat. Entering Friday's game against the Philadelphia 76ers , the Pacers have lost five of their last six games.
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