First gene therapy for deadly form of muscular dystrophy gets FDA approval for young kids
The U.S. Food and Drug Administration has approved the first gene therapy to treat a deadly form of muscular dystrophy
2023-06-23 03:21
In the effort to reopen I-95 in Philadelphia, crews get some help from a NASCAR jet dryer
The race to reopen a stretch of Interstate 95 in Philadelphia is getting a boost from a truck-mounted jet dryer that’s normally used to keep moisture off the track at the Pocono Raceway
2023-06-23 03:20
Chelsea owners buy stake in French team as part of multi-club ownership plans
Chelsea’s owners BlueCo have agreed to buy a stake in Ligue 1 club Strasbourg to take a significant step forwards in their plans for multi-club ownership. The consortium, which purchased the Premier League club in May last year, are become new shareholders “subject to a consultation process with the relevant employee representative bodies”. A statement said: “The shareholders of Racing Club de Strasbourg Alsace today announced an agreement with BlueCo, the consortium which purchased Chelsea FC in May 2022. “The agreement would mark a new chapter in Racing’s history as the ownership consortium commits to accelerate sustainable investment in the club’s growth, including in the first teams and in the Academy, in continuity with the project implemented by Marc Keller, who would remain president of the club, supported by his current management team. “Through its involvement and recognised expertise in sport, BlueCo plans to make an active contribution to the development of the model implemented by Marc Keller, first, financially, by providing capital that will enable investment in the men’s and women’s first teams, the Academy and across the club. “It also plans to provide Racing access to broad resources and collaboration. Racing’s teams would be able to exchange advice and expertise with Chelsea and the other teams which the owners are involved with. “In accordance with Professional Football League regulations, the project was presented today to the Direction Nationale du Contrôle de Gestion (DNCG), whose assessment is expected in the coming weeks.” This strategic investment would further our presence in European football, alongside our ownership of Chelsea. BlueCo BlueCo believe the “strategic investment” would enhance their presence in European football. A statement said: “It is an honour for us to be part of this historic club. We are committed to preserving the heritage of Racing and are focused on working closely with Marc and his management team to continue the excellent work they have been doing. “This strategic investment would further our presence in European football, alongside our ownership of Chelsea. We believe it would create huge opportunities to share knowledge and expertise.” Former France international Keller, who had spells as a player with English sides West Ham, Portsmouth and Blackburn, became Racing’s president in June 2012 with the club in serious danger of liquidation. It has since returned to Ligue 1 and established itself as a fixture, and played in the Europa League in 2019-20 after winning the League Cup. Keller said: “The aim is to enable Racing to be even more ambitious and competitive in a football world that has changed considerably, particularly with the massive arrival of foreign investors in many French clubs and the evolution of Ligue 1 from 20 to 18 clubs. “The arrival of the consortium should enable us to take this step forward.” The news was confirmed as Chelsea found themselves thrust into the spotlight as a series of players, led by World Cup winner N’Golo Kante, prepare to leave the club for the riches of Saudi Arabia amid speculation that the clear-out could ease their Financial Fair Play worries. The Blues, under chairman Todd Boehly, have invested in excess of £650million in new signings since the takeover was completed.
2023-06-23 02:54
In the effort to reopen I-95 in Philadelphia, crews get some help from a NASCAR fan
The race to reopen a stretch of Interstate 95 in Philadelphia is getting a boost from a truck-mounted jet dryer that’s normally used to keep moisture off the track at the Pocono Raceway
2023-06-23 02:50
Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Macy’s, Target and Dollar General are warning investors their sales will suffer this year as consumers shift spending to essentials
2023-06-23 02:24
Five things to know about Zambia
Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at...
2023-06-23 02:24
Chelsea owners become new Strasbourg shareholders
Chelsea owners invest in Ligue 1 club Strasbourg.
2023-06-23 01:56
Top TikTok exec and public face of company in US is stepping down
TikTok's chief operating officer Vanessa Pappas is leaving the company, according to an internal memo obtained by CNN, after spending several tumultuous years as its top public advocate and a champion of TikTok creators in the face of accusations the platform poses a national security risk.
2023-06-23 01:50
Taylor Swift is an unlikely public transit icon
Taylor Swift, public transit savior?
2023-06-23 01:28
FDA warns stores to stop selling Elf Bar, the top disposable e-cigarette in the US
U.S. regulators have sent warning letters to dozens of retailers selling fruity disposable e-cigarettes, including the current best-selling brand, Elf Bar
2023-06-23 01:25
Traders Bet BOE Is Far From Done After Surprise Half-Point Hike
Traders are adding to bets that the Bank of England’s unexpectedly large interest-rate hike won’t be its last.
2023-06-23 01:19
May home sales inch higher with record-few on the market and biggest annual price drop since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-23 00:58