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CFRA downgrades Fox (FOXA) to a Hold
CFRA downgrades Fox (FOXA) to a Hold

Business Insider

time7 hours ago

  • Business
  • Business Insider

CFRA downgrades Fox (FOXA) to a Hold

CFRA analyst Ken Leon downgraded Fox (FOXA – Research Report) to a Hold today and set a price target of $59.00. The company's shares closed today at $56.79. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Leon is a 5-star analyst with an average return of 15.7% and a 71.13% success rate. Leon covers the Financial sector, focusing on stocks such as Bank of America, JPMorgan Chase, and State Street. Fox has an analyst consensus of Moderate Buy, with a price target consensus of $58.07. Based on Fox's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.37 billion and a net profit of $346 million. In comparison, last year the company earned a revenue of $3.45 billion and had a net profit of $666 million

Major oil companies face first 'climate death' lawsuit  – DW – 06/18/2025
Major oil companies face first 'climate death' lawsuit  – DW – 06/18/2025

DW

time3 days ago

  • DW

Major oil companies face first 'climate death' lawsuit – DW – 06/18/2025

Climate-change induced extreme heat killed a woman in Seattle, now her daughter is sueing oil and gas giants including BP and Shell for wrongful death. Can the first "death by climate disaster" claim in the USA succeed? On June 28, 2021, a heat wave saw temperatures rise to over 42 degrees Celsius (108 degrees Fahrenheit) in Seattle, the hottest ever recorded in the US coastal city. On that day, Juliana Leon was found unconscious in her car and died soon after from hyperthermia — the overheating of the body. Now her daughter, Misti Leon, is suing seven oil and gas companies for wrongful death in a Washington state court. She alleges that they accelerated the extreme heat that led to her mother's death by manufacturing and marketing fossil fuels. The filing claims the companies — including Exxon Mobil, Chevron, ConocoPhillips, Shell and BP — had known for decades "that their fossil fuel products were already altering the earth's atmosphere." The defendants willfully created a "fossil fuel-dependent economy" that would result in "more frequent and destructive weather disasters and foreseeable loss of human life," the complaint alleges. In the first wrongful death claim of its kind, a win for Leon would "represent a landmark shift in climate litigation," said Maria Antonia Tigre, director of Global Climate Litigation at the New York City-based Sabin Center for Climate Change Law. While very few cases have "awarded damages" in climate litigation, success in Seattle could see individuals seek "compensatory and even punitive damages" from fossil fuel corporations for their role in climate change, Tigre explained. Besides seeking damages, the plaintiff also wants the defendants to fund a "public education" campaign to rectify "decades of misinformation" — which Leon said has fueled "consumer confusion" about the link between burning fossil fuels and planetary heating. Chevron, BP, Shell and ConocoPhillips did not respond to a DW request for comment on the view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The Chevron Corporation, one the world's largest oil and gas producers, has publicly rejected the claims made in the lawsuit. "Exploiting a personal tragedy to promote politicized climate tort litigation is contrary to law, science, and common sense," Chevron spokesperson Theodore Boutrous Jr. said in a statement to US public broadcaster NPR. "The court should add this far-fetched claim to the growing list of meritless climate lawsuits that state and federal courts have already dismissed," he added. But according to Tigre, the case "could create a novel but plausible basis for liability." The filing is based on tort law as opposed to national statutes such as emission regulations that have underpinned most climate litigation cases. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Tort law claims seek damages for individuals impacted by climate change, noted Rebekkah Markey-Towler, a research fellow at the Melbourne Climate Futures think tank in Australia. In the past, such civil lawsuits have been a vital means for individuals to "seek redress" against major tobacco or asbestos companies, the researcher explained. A Pennsylvania man was awarded $3.8 million (€3.5 million) from his employer in 2024 for contracting mesothelioma due to asbestos exposure. Climate cases are "no different," she added. "Big Oil companies are already facing climate fraud and damages lawsuits from dozens of state and local governments," noted Alyssa Johl, vice president of legal and general counsel at the Center for Climate Integrity, a US-based climate think tank. But as this latest case is "the first filed on behalf of an individual climate victim," she said, it represents "another step toward accountability." Markey-Towler said prior tort law climate cases — even those in other countries — could be "tangentially relevant" to this claim. In 2015, a landmark Dutch climate change lawsuit known as the Urgenda case employed the tort law principle of "hazardous negligence" to argue that government inaction on climate change constituted a breach of its duty of care toward its citizens. The ruling forced the Dutch government to raise emission reduction targets. A more recent case in Germany, where a Peruvian farmer sued energy giant RWE for its contribution to the glacial melt and flood risk posing a danger to his house, was another attempt by an individual to seek climate damages. "While the case did not succeed at the merits stage, the court acknowledged that, in principle, a private emitter could be held liable for a proportion of the damages," Markey-Towler noted of the final judgement in May. The science of weather attribution, which estimates the probability of climate change making extreme weather events such as wildfires, floods or heat waves more likely, will "be central to the case," said Tigre. The 2021 heat wave along the US west coast — dubbed the Pacific Northwest Heat Dome — would have been "virtually impossible" without human-made climate change, according to rapid analysis at the time. The record temperatures that continued for three days would have been "at least 150 times rarer" without climate change, the research noted. Estimated to happen only once every 1,000 years, such extreme heat would instead occur around every five to 10 years if, as predicted, global temperatures rise 2 Celsius (3.6 Fahrenheit) by the early 2040s. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Heat is called a "silent killer" and caused the deaths of 489,000 people annually between 2000-2019, noted a 2024 UN report. The Pacific Northwest Heat Dome event resulted in around 850 deaths related to high temperatures across the US and Canada. But Tigre said the problem for Misti Leon's claim against the oil companies will be convincing the court of the defendants' "specific" contributions to global emissions. "Even if we are able to say that climate change caused an event, how much did one company contribute to this?" asked Markey-Towler. "That's difficult." Nonetheless, she said "health arguments" are becoming common in climate lawsuits, which now number nearly 3,000 in the US and around the world, according to the Climate Change Litigation Database run by the Sabin Center for Climate Change Law. If the Washington state case is successful, it would establish a landmark precedent "directly connecting the actions of fossil fuel companies to harm suffered by individuals," said Markey-Towler. Evolving legal theories such as "climate homicide or corporate manslaughter," which take the step of seeking a criminal as opposed to a civil conviction, could be helped by a successful trial, noted Tigre. "Such a precedent would likely spark a new wave of litigation," she added.

Leon Barretto bids farewell to yaya of 22 years: 'Enjoy your well-deserved retirement'
Leon Barretto bids farewell to yaya of 22 years: 'Enjoy your well-deserved retirement'

GMA Network

time4 days ago

  • Entertainment
  • GMA Network

Leon Barretto bids farewell to yaya of 22 years: 'Enjoy your well-deserved retirement'

Leon Barretto penned a heartfelt tribute to his long-time yaya, as she officially retired after 22 years of service to the Barretto family. On Instagram, Leon shared a photo of himself with his yaya, whom he affectionately calls "Manang," along with a lengthy appreciation message. 'You have sacrificed so much for our family, especially for me, from the moment you chose to take care of me,' Leon said. "You've been there through every phase of my life—from kinder all the way to me finishing college," he added. He reminisced about growing up under his yaya's care, recalling how she patiently helped him learn to speak Tagalog and even reviewed him nightly for his Filipino subjects. Leon also admitted to being a 'kulit' and 'pasaway' kid, but credits Manang's guidance for shaping him into the person he is today. 'I'll never forget the times you picked me up from school, carried me on your back from my room to the living room just so I could wake up and eat,' he said. More than just a yaya, Leon said that Manang was a constant source of love and support not only to him but to the entire Barretto household. "Most of all, thank you for never leaving Mom—helping her take care of us, protect us, and love us like your own," he said. Leon ended his tribute with a message of love and a wish for her to "enjoy your well-deserved retirement.' Leon is the son of Marjorie Barretto and her former partner, Dennis Padilla. The ex-couple also have daughters, Julia Barretto and Claudia Barretto, who got married in April to Basti Lorenzo. —Hermes Joy Tunac/JCB, GMA Integrated News

Oxford continuing to support Nicaraguan town after nearly 40 years
Oxford continuing to support Nicaraguan town after nearly 40 years

Yahoo

time5 days ago

  • General
  • Yahoo

Oxford continuing to support Nicaraguan town after nearly 40 years

Oxford's link with the Nicaraguan town of Leon was formed in 1986 as the twin city movement spread its wings from the traditional European connections. Its aim is to support poor communities in and around Leon while giving Oxford people the chance to learn about life in the Latin American area of the world. Regular activities have been held to raise money – the latest, a sponsored swim, takes place at Hinksey outdoor pool off Abingdon Road on Wednesday, July 2, from 4 to 7pm. As the organisers say: 'Everyone is welcome! Come and join us, for 10 minutes or an hour, for two lengths or 50.' To register for the swim, email jen_houston@ or turn up at the pool from 4pm. There is a Just-Giving page at The latest initiative is to raise funds for clean water for villages around Leon and to support an educational charity.

Making big science kid-friendly
Making big science kid-friendly

The Star

time6 days ago

  • Science
  • The Star

Making big science kid-friendly

TECHNOLOGICAL innovations – or the ideas driving them – are not exclusive to adults. Children, too, can play a role in shaping these transformative tools by familiarising themselves with current scientific breakthroughs. A new collection of articles from the open access science journal for kids Frontiers for Young Minds (FYM), published in collaboration with the World Economic Forum (WEF), gives the young a front-row seat to the innovations that could define their future. The collection is based on the Top 10 Emerging Technologies of 2024 report, co-published by the WEF and Frontiers. Many of the researchers who contributed to the original expert-driven report returned to adapt their work for this new youth-focused edition. Each article focuses on one of the 10 emerging technologies, such as carbon-capturing microbes, immersive tools for urban planning, or high-altitude platforms orbiting in the stratosphere that could enable global Internet coverage. Tailored for a younger audience, the articles – like all FYM content – were reviewed by students aged eight to 15 around the world, who helped ensure the content was clear, relevant and engaging for their peers. Their feedback, questions and insights shaped how these cutting-edge ideas were communicated, offering a fresh perspective on technologies that could soon reshape everyday life for tomorrow's adults and leaders. Reviewing the report opened Hrdaya's eyes to today's breakthroughs. 'I did not know about these technologies before reviewing the report. I think they are absolutely ingenious and wonderful. Having these technologies would make life easier and more resourceful on earth,' said the 11-year-old. Leon, age 13, who reviewed the article Feeding Farm Animals While Saving the Planet, also found the experience eye-opening. 'I was completely unfamiliar with insect- and algae-based animal feeds until reading (the) article. I thought the idea of more sustainable feeds sounds ingenious and promising, as it could address lots of important environmental issues. (If this technology) becomes the norm, (it) would make a big difference in my daily life and the environment around me as a whole,' he said. Reflecting on his experience, Harry, who was 15 when he reviewed the article on digital device overload, described it as a 'really meaningful task'. 'It allowed me to share my opinions on the manuscript to improve its readability and clarity, and to play a part in educating more young people my age about integrated sensing and communication technology, which will likely shape our future,' he said. WEF steering committee member and collection editor Ruth Morgan said the project was crafted with – and for – the leaders of tomorrow. 'We hope it sparks curiosity and creates opportunities for younger (and older!) minds to ask questions, think critically, and imagine the future and all the possibilities it holds,' she said. FYM programme head Laura Henderson said involving young reviewers and collaborating with top scientists behind the original report helps connect the next generation of engaged citizens and researchers directly with key discoveries. 'If our kids are to lead tomorrow's world, they need to understand the breakthroughs being made today – and that's what we're here to do. We're incredibly proud of this collection, which empowers young minds not just to understand emerging technologies, but also to question them, and see themselves as part of the future they'll help build,' she said. The full Top 10 Emerging Technologies collection is available online for free. It offers educators, parents and students a new resource for exploring the scientific breakthroughs that are poised to shape the future. To access the collection, visit

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