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It’s almost a new year, and that means it’s almost time for a bevy of new state laws to go into effect. For the 2023-24 legislative session that just wrapped up (each session spans two years) Gov. Gavin Newsom signed 1,017 bills into law, according to Chris Micheli, a veteran Sacramento lobbyist. That’s a tick more than one-fifth of t he 4,821 bills introduced over that two-year span . Most of the new laws are slated to kick in on Jan. 1. From new parking rules to health care coverage and more, here is a quick look at just 10 of those new laws: Local jurisdictions could give the green light to permit certain cannabis retailers to prepare and sell drinks and food that do not contain cannabis. The law, signed by the governor in late September , also allows the retailers to host ticketed live events on the premises. The idea is to pave the way for a version of Amsterdam-style cannabis cafes, where people can use cannabis with others while also consuming coffee, sandwiches and live music, for example. The new law “will allow cannabis retailers to diversify their business and move away from the struggling and limited dispensary model,” Assemblymember Matt Haney, a San Francisco Democrat who championed the effort in the legislature, said in a news release . Newsom vetoed similar legislation last year over concerns from public health advocates. This bill included additional provisions meant to reduce health risk, including letting employees wear employer-provided masks and allowing local governments to require filtration and ventilation systems to prevent smoke from permeating nearby buildings. Minors who make money by producing online content should get some extra financial protection as a result of two bills the governor signed this year. One expands the Coogan Act , a longtime California law that requires parents to open a trust and set aside at least 15% of their child actor’s gross earnings. The new rules have been expanded to include “kidfluencers” — or, as the bill describes them, “child influences in paid online content or internet websites, social networks and social media” — as part of the creative or artistic services that would trigger a Coogan trust account. Another extends those financial protections to children who appear in vlogs, or video blogs. Sen. Steve Padilla, D-San Diego, noted the Coogan Act covers children under contract — not necessarily children who appear in their parents’ online content. This new law requires content creators to set aside a percentage of total gross earnings in a trust for the child (to be accessed when they become an adult) if the minor is in at least 30% of their content within a month. Several education bills were signed into law this year, ranging from rules to protect young people from being outed against their will to rules that require elementary schools to offer free menstruation products . Other new laws cover what is taught in the classroom, including a bipartisan measure that ensures students are being taught accurately how Native Americans in California were treated during the Gold Rush era and the Spanish colonization of California. “Classroom instruction about the Mission and Gold Rush periods fails to include the loss of life, enslavement, starvation, illness and violence inflicted upon California Native American people during those times,” said Assemblymember James Ramos, D-San Bernardino. “These historical omissions from the curriculum are misleading.” California public schools also will be required to teach Mendez v. Westminster , a landmark court case involving an Orange County family and local school districts that helped bring about the end of segregation laws in local schools around the country. Selling a device, often called a “tuning kit,” that can modify the speed capability of an electric bicycle so that it is no longer defined as an e-bike will be prohibited . California law already has speed guidelines for e-bikes. For example, a Class 1 bike has a motor that kicks in when a rider is pedaling and tops out at 20 mph; a Class 3 motor is meant to stop at 28 mph, and those bikes include speedometers. Modifying the speed of e-bikes is already illegal and unsafe, Assemblymember Diane Dixon, R-Newport Beach, said in an analysis of her bill. The new law specifically bans the sale of products that can make the alterations. Tenants soon will have more time to respond to an eviction notice. California law originally dictated that a landlord could not file an eviction lawsuit until after serving their tenant with a three-day notice — which excludes Saturdays, Sundays and judicial holidays — to pay. Tenants then had five days after they were served to file their defense in court. If they failed to do so, a judge could award a default judgment to the landlord. The new law doubles those five day-windows to 10 days. Responding to eviction lawsuits is not necessarily a simple feat, supporters of the new law have argued , particularly for people struggling to pay their rent. Tenants need to obtain hard-to-find legal aid or an expensive attorney to complete their defense filing accurately, and then they have to find the means to travel to the courthouse. Certain insurers must cover fertility treatments, including in vitro fertilization, in 2025. This law, which won’t take effect until July 2025 , will require large group health care service plans to cover up to three oocyte (egg) retrievals. It also prohibits health care service plans from imposing different conditions or coverage limitations on fertility medications or services. Sen. Caroline Manjivar, D-San Fernando Valley, said her bill being signed into law is “a triumph for the many Californians who have been denied a path toward family-building because of the financial barriers that come with fertility treatment, their relationship status or are blatantly discriminated against as a member of the LGBTQ+ community.” Medical debt will no longer be shared with credit reporting agencies , meaning that debt will not show up on credit reports. That said, medical debts still must be paid. In her analysis of the bill Sen. Monique Limón, D-Santa Barbara, noted that the new rules doesn’t forgive medical debt or restrict the collection of it. Instead, she said, the new rules are meant to help “lift the credit scores of people who have been inaccurately and unfairly saddled with medical debts on their credit reports, opening opportunities for access to healthier financial products, better housing and more employment opportunities.” A new law may make it easier to opt out of pesky automatic subscription renewals. Companies will now have to obtain the “express affirmative consent” to automatically renew subscriptions entered into after July 1, 2025. Consumers also will need to be sent annual reminders about automatic renewals, what the charges are, and information about how to cancel the service. Think you’ve finally found an open parking spot? If it’s within 20 feet of any marked or unmarked crosswalk, then you may want to find a new spot. Starting in 2025, motorists could be ticketed for parking within 20 feet of a crosswalk — even if there is no sign posted. The no-parking zone decreases to 15 feet if there is a curb extension present, the law says. Newsom OK’d this law in 2023 — the bill is part of the two-year legislative session that ended in 2024 — and technically it already is in effect. However, the law only allowed jurisdictions to begin ticketing offenders starting Jan. 1, 2025. Residential treatment facilities (also called short-term residential therapeutic programs) that provide services for minors, must report certain information to the child, their parent or guardian, and California’s Department of Social Services when seclusion or restraints are used. These facilities are allowed to use seclusion or restraints when staff believe the patient may be a danger to themselves or others, said Sen. Shannon Grove, R-Bakersfield, who championed this law. The new law mandates that children must be informed of their rights — including the right to contact state social service workers and the California Office of the Foster Care Ombudsperson — within one day of seclusion or restraints being used. Those minors also must be given an oral and written description of the incident, including who approved the disciplinary actions and the rationale behind them. That written information must be given to Dept. of Social Services within seven days, leaving it up to the state to review and determine if any laws were potentially violated by using seclusion and restraints, therefore warranting an investigation. Beginning in 2026, the department will need to publicly post information about these incidents, so parents and guardians can be better informed about where they send their children. The effort to bring more transparency to what punishments are used in youth residential facilities was championed by actress and activist Paris Hilton, who has detailed the “continuous torture” she faced while attending a boarding school as a teenager. Hilton has championed similar laws in other states related to what’s been dubbed the troubled teen industry as well as at the federal level . “For too long, these facilities have operated without adequate oversight, leaving vulnerable youth at risk,” said Hilton. “After being abused in a California facility in my teens, it is validating to see California taking a stand to protect our youth, and I hope our state is the standard for transparency and accountability in these facilities moving forward.” Related ArticlesCONWAY, S.C. (AP) — AJ Clayton scored 34 points as Ohio beat Portland 85-73 on Friday. Read this article for free: Already have an account? To continue reading, please subscribe: * CONWAY, S.C. (AP) — AJ Clayton scored 34 points as Ohio beat Portland 85-73 on Friday. Read unlimited articles for free today: Already have an account? CONWAY, S.C. (AP) — AJ Clayton scored 34 points as Ohio beat Portland 85-73 on Friday. Clayton added 12 rebounds for the Bobcats (2-4). Aidan Hadaway scored 13 points while going 5 of 12 from the floor, including 1 for 6 from 3-point range, and 2 for 3 from the line and added eight rebounds. Victor Searls had 11 points and finished 5 of 8 from the field. The Pilots (2-4) were led by Vukasin Masic, who posted 17 points. Portland also got 13 points and seven rebounds from A.Rapp. Max Mackinnon also recorded 10 points and seven rebounds. Clayton scored 14 points in the first half to help Ohio up 46-30 at the break. Ohio pulled away with a 7-0 run in the second half to extend its lead to 19 points. Clayton led the way with a team-high 20 second-half points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
Mchezo is a regional company that invests in the future of sports and technology in Africa. One of the firm’s legacy projects is Mchezo’s Locker Room Bonus initiative which rewards players of the winning team with a financial bonus that is paid directly to their mobile wallets. Sponsors may be hesitant to invest more in women’s sports due to perceived lower audience appeal. However, stakeholders are thinking differently as far as women’s empowerment in sports is concerned. Ntoudi Mouyelo, the Managing Director of Mchezo, believes increasing popularity of the women’s sports through sports sponsorships is a befitting vector for bolstering brand loyalty. As a corporate, we have been investing more in women’s sports in the region, simply for one factor, women give us more value to our sponsorship than men. And there are sports for which we are starting with women now, so again, if there are women federations that have interest, please come to us. The statistics are there, and I do believe that there are more women than the youth in East Africa. At Mchezo, we do give the same support to women and men in terms of bonus and awards. Ntoudi was speaking during the Round Table stakeholder conference at the Aga Khan Academy Mombasa which is one of the venues hosting the ongoing 14th East African Community Inter-Parliamentary Games (EAC-IPG). Diana Mayaka from the Basketball Referees Association, on her part, echoed Ntoudi’s sentiments saying: “Women have not gotten equal treatment in terms of sponsorship opportunities in sports over the years. In events, men usually get more in terms of prize money. This is a discussion we have been having over time,” Mayaka added. “As for the government, they are trying as much as possible to ensure that all genders are treated the same. The government facilitates education to athletes, staff and coaches to empower them so that they can continue growing the sport and this benefits women as well.” Kanini Kega, the Chairman of the 2024 Inter-Parliamentary Games noted that the regional extravaganza has gone a long way in enhancing cooperation among the regional countries. Kanini said: “Through sports and these games, we are able to integrate with each other. With these sports, we have seen that our people are able to communicate with each other. We are able to remove the physical borders that were created by our colonial masters, to make sure that we feel part of one community, which is the East African community.” “The same thrill and feel is seen when any one of us competes at national level. For instance, when Kenyans and Ugandans are running marathons at the global arena, we as East Africans feel as one family,” Kanini added. Mchezo is a regional company that invests in the future of sports and technology in Africa. Mouyelo has led the company’s efforts to partner with sports federations to ensure that sponsorship benefits go directly to athletes. One of the firm’s legacy projects is Mchezo’s Locker Room Bonus initiative which rewards players of the winning team with a financial bonus that is paid directly to their mobile wallets.None
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Aurora activity is just getting started. Here's why the best northern lights are yet to come.Risk & Volatility Holiday Island has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500. Comparatively, Holiday Island’s competitors have a beta of 1.30, suggesting that their average stock price is 30% more volatile than the S&P 500. Profitability This table compares Holiday Island and its competitors’ net margins, return on equity and return on assets. Insider and Institutional Ownership 57.6% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 15.2% of Holiday Island shares are held by company insiders. Comparatively, 16.7% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term. Earnings and Valuation Holiday Island’s competitors have higher revenue and earnings than Holiday Island. Holiday Island is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry. Summary Holiday Island competitors beat Holiday Island on 5 of the 8 factors compared. Holiday Island Company Profile ( Get Free Report ) Holiday Island Holdings, Inc. primarily engages in land development activities. It acquires, develops, manages, and sells income producing commercial and residential real estate properties located in Holiday Island, Arkansas. The company was formerly known as VillageEDOCS, Inc. and changed its name to Holiday Island Holdings, Inc. in February 2014. Holiday Island Holdings, Inc. was founded in 1996 and is based in Holiday Island, Arkansas. Receive News & Ratings for Holiday Island Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Holiday Island and related companies with MarketBeat.com's FREE daily email newsletter .Wisconsin at Nebraska: How we see the game playing out, and over/under picks
Quest Partners LLC bought a new stake in shares of Altair Engineering Inc. ( NASDAQ:ALTR – Free Report ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,459 shares of the software’s stock, valued at approximately $617,000. Several other large investors have also recently made changes to their positions in the business. Thrivent Financial for Lutherans boosted its holdings in Altair Engineering by 1.5% in the third quarter. Thrivent Financial for Lutherans now owns 13,961 shares of the software’s stock worth $1,333,000 after acquiring an additional 201 shares in the last quarter. Zions Bancorporation N.A. raised its position in shares of Altair Engineering by 17.4% in the 3rd quarter. Zions Bancorporation N.A. now owns 22,493 shares of the software’s stock worth $2,148,000 after purchasing an additional 3,326 shares during the last quarter. KBC Group NV grew its position in Altair Engineering by 17.9% during the 3rd quarter. KBC Group NV now owns 1,640 shares of the software’s stock valued at $157,000 after purchasing an additional 249 shares during the last quarter. Victory Capital Management Inc. grew its position in Altair Engineering by 25.2% during the 3rd quarter. Victory Capital Management Inc. now owns 388,089 shares of the software’s stock valued at $37,066,000 after purchasing an additional 78,048 shares during the last quarter. Finally, Versor Investments LP purchased a new position in Altair Engineering in the third quarter worth about $487,000. 63.38% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In ALTR has been the topic of several recent analyst reports. Royal Bank of Canada increased their target price on Altair Engineering from $90.00 to $113.00 and gave the company a “sector perform” rating in a research note on Thursday, October 31st. William Blair reaffirmed a “market perform” rating on shares of Altair Engineering in a report on Thursday, October 31st. Loop Capital reaffirmed a “hold” rating and issued a $113.00 price objective on shares of Altair Engineering in a research note on Thursday, October 31st. Needham & Company LLC restated a “hold” rating and set a $100.00 target price on shares of Altair Engineering in a research note on Thursday, October 31st. Finally, The Goldman Sachs Group lowered shares of Altair Engineering from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $85.00 to $71.00 in a research report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $100.71. Insider Buying and Selling at Altair Engineering In other news, major shareholder Christ Revocable Trust sold 50,048 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $95.07, for a total transaction of $4,758,063.36. Following the sale, the insider now directly owns 149,952 shares of the company’s stock, valued at $14,255,936.64. This represents a 25.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, insider Ravi Kunju sold 360 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $103.65, for a total transaction of $37,314.00. Following the completion of the transaction, the insider now directly owns 30,305 shares of the company’s stock, valued at approximately $3,141,113.25. This trade represents a 1.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last ninety days, insiders have sold 362,544 shares of company stock worth $35,717,201. Insiders own 21.75% of the company’s stock. Altair Engineering Price Performance ALTR stock opened at $105.20 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.27 and a current ratio of 3.27. The company’s fifty day moving average price is $99.20 and its 200-day moving average price is $93.83. Altair Engineering Inc. has a one year low of $68.87 and a one year high of $113.12. The company has a market capitalization of $8.95 billion, a PE ratio of 276.84, a price-to-earnings-growth ratio of 11.98 and a beta of 1.44. About Altair Engineering ( Free Report ) Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. See Also Receive News & Ratings for Altair Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altair Engineering and related companies with MarketBeat.com's FREE daily email newsletter .
Two women have died and another is being treated in hospital after on a group of travellers at a popular tourist hotspot on Tuesday. The tree reportedly fell on the unsuspecting group at the Monkey Forest in Ubud, in the island's centre, at about 12pm local time (3pm AEDT). The sanctuary is a major attraction on the island, popular among visitors — including Australians — who flock to the area to get close to the park's 600 macaques. Multiple videos uploaded to social media show the moment the large branch split and fell, with deep cracking noises heard just seconds before the towering structure toppled. People can be heard screaming "what the f**k" and "help" in the footage, with over a dozen travellers at the park at the time seen scrambling to safety as the tree collapsed. A family with a pram is seen among those fleeing in one video. In another a child leaps out from behind the fallen tree. Local media reports suggest there had been heavy rain and intense wind in the area in recent days, potentially weakening the tree. The Head of Gianyar BPBD Emergency and Logistics Division told he had received reports that a number of visitors were injured and the area had been evacuated. "[There was] information a number of people were injured," he said. It's understood the two women, one from France, reportedly aged 32, and another from South Korea, 42, died in hospital. A second South Korean woman, aged 43, remains under care at the Kenak Medika Hospital. It's not yet been confirmed how many people were injured altogether. The extent of the third woman's injuries also remains unclear. Ubud Police Chief Commissioner Gusti Nyoman Sudarsana said officers were investigating and working with the South Korean and French consulates to notify families of victims.
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