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GARDNERVILLE, Nev. — Mary McGee, a female racing pioneer and subject profiled in an Oscar-contending documentary “Motorcycle Mary,” has died, her family said. She was 87. “McGee’s unparalleled achievements in off-road racing and motorcycle racing have inspired generations of athletes that followed in her footsteps,” her family said in a statement. The family said McGee died of complications from a stroke at her home in Gardnerville, Nevada, on Wednesday, the day before the release of the short documentary “Motorcycle Mary” on ESPN’s YouTube channel. Seven-time Formula 1 champion Lewis Hamilton was an executive producer on the film, which became available globally on Thursday. Its premiere was at the Tribeca Festival in June. “Mary embodied resilience, grace, and optimism,” McGee’s family wrote on social media. “She was a historic athlete and a motorsports pioneer who embraced life’s challenges, cared deeply for others, and made time to brighten the lives of those around her. While we are deeply saddened by this loss, we are comforted knowing that her light will continue to shine in everyone she touched.” McGee had an accomplished racing resume, first in auto racing and later in motorcycle racing. She became the first person — man or woman — to complete the grueling Baja 500 off-road race in Mexico solo, which she did in 1975. The film about her was directed by Haley Watson. Two-time Oscar winner Ben Proudfoot also was an executive producer. “I’m deeply saddened by this news, but I am comforted to know that Mary was surrounded by friends and family at the time of her passing," Watson said. “In early 2022, I was researching stories when I came across Mary’s. That discovery marked the tipping point into uncovering a much larger and truly incredible career in motorsports and life journey.” Shortly after her family announced her death, Hamilton paid tribute on his Instagram account: “I’m deeply saddened to hear that Mary McGee, the first woman to road race motorcycles in the U.S and the first person to solo the Baja 500 has passed on," Hamilton wrote. “My condolences to her family and everyone who she’s inspired. Her legacy will live on as a trailblazer in the world of motorsports and beyond.” Born in Juneau, Alaska, during World War II, McGee and her older brother were sent to Iowa to live with their grandparents. Her brother became a race car driver and encouraged his sister to take up the sport, even though it was almost unprecedented for women at that time. Racing team owner Vasek Polak persuaded McGee to drive a Porsche Spyder, and she won races. Polak later persuaded her to try motorcycle racing and she also excelled. Steve McQueen, the late actor and racing enthusiast, was the one who persuaded McGee to take part in the Baja 500. McGee was the first woman to race motocross in the United States, the first to compete in an international motocross competition and the first to receive sponsorships from major brands. She was one of the most influential women in the history of motorsports and known for her mentorship of other women in racing. McGee was inducted into the AMA Motorcycle Hall of Fame in 2018. ___ AP auto racing: https://apnews.com/hub/auto-racingPatriots downgrade starter to out, will 1st-rounder debut at new spot?
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NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the U.S. but was unknown to millions of people his decisions affected. Then Wednesday's targeted fatal shooting of the UnitedHealthcare CEO on a midtown Manhattan sidewalk thrust the executive and his business into the national spotlight. Thompson, who was 50, had worked at the giant UnitedHealth Group Inc for 20 years and run the insurance arm since 2021 after running its Medicare and retirement business. As CEO, Thompson led a firm that provides health coverage to more than 49 million Americans — more than the population of Spain. United is the largest provider of Medicare Advantage plans, the privately run versions of the U.S. government’s Medicare program for people age 65 and older. The company also sells individual insurance and administers health-insurance coverage for thousands of employers and state-and federally funded Medicaid programs. The business run by Thompson brought in $281 billion in revenue last year, making it the largest subsidiary of the Minnetonka, Minnesota-based UnitedHealth Group. His $10.2 million annual pay package, including salary, bonus and stock options awards, made him one of the company's highest-paid executives. The University of Iowa graduate began his career as a certified public accountant at PwC and had little name recognition beyond the health care industry. Even to investors who own its stock, the parent company's face belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress. When Thompson did occasionally draw attention, it was because of his role in shaping the way Americans get health care. At an investor meeting last year, he outlined his company's shift to “value-based care,” paying doctors and other caregivers to keep patients healthy rather than focusing on treating them once sick. “Health care should be easier for people,” Thompson said at the time. “We are cognizant of the challenges. But navigating a future through value-based care unlocks a situation where the ... family doesn’t have to make the decisions on their own.” Thompson also drew attention in 2021 when the insurer, like its competitors, was widely criticized for a plan to start denying payment for what it deemed non-critical visits to hospital emergency rooms. “Patients are not medical experts and should not be expected to self-diagnose during what they believe is a medical emergency,” the chief executive of the American Hospital Association wrote in an open letter addressed to Thompson. “Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care.” United Healthcare responded by delaying rollout of the change. Thompson, who lived in a Minneapolis suburb and was the married father of two sons in high school, was set to speak at an investor meeting in a midtown New York hotel. He was on his own and about to enter the building when he was shot in the back by a masked assailant who fled on foot before pedaling an e-bike into Central Park a few blocks away, the New York Police Department said. Chief of Detectives Joseph Kenny said investigators were looking at Thompson's social media accounts and interviewing employees and family members. “Didn’t seem like he had any issues at all,” Kenny said. "He did not have a security detail.” AP reporters Michael R. Sisak and Steve Karnowski contributed to this report. Murphy reported from Indianapolis. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get the latest in local public safety news with this weekly email.
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The rise of services prompts developing countries to look beyond manufacturing-led exports and enable productivity growth across the economic system. Service exports, now representing 25% of world trade, offer a bright spot amid a subdued global economic outlook. In 2023, trade in services expanded by 5% in real terms, contrasting a 1.2% contraction in merchandise trade, according to the Trade and Development Report 2024. As a development strategy, services are gaining more traction than manufacturing, a longstanding growth engine for middle-income countries. “This is largely because the comparative advantage of cheaper, less-skilled labour no longer aligns with the reliance of modern manufacturing on skill- and capital-intensive production,” the report notes. “Additionally, industrialization is increasingly scrutinized for its large ecological footprint and contributions to climate change.” The dawn of a service economy could be a game changer for developing countries, but not without challenges. Currently, developing economies account for under 30% of global services export revenues and 44% of merchandise trade. With services and intangible assets – such as brands, designs and patented technologies – getting prominence in global value chains, asymmetries between developed and developing regions could worsen. Market concentration in the creative services trade is a case in point. In 2022, creative services were valued at $1.4 trillion, four fifths of which came from developed countries. The predominance also manifests in the geography of multinational firms providing international services. In 2022, 70% of these companies were headquartered in developed regions, compared to just 10% in developing ones excluding China. Current trade in services cannot generate enough quality jobs in developing countries, urging an ambitious policy mix towards green transition and promoting labour-absorbing activities, especially in the non-tradable services sectors. Some examples can be construction, retail, various types of care work as well as the personal and public sectors that provide services consumed locally in the country or region where they are produced. A three-pronged strategy could focus on:
Iran has vowed to respond to a resolution adopted by the United Nations' nuclear watchdog that the Islamic republic for what it says is poor cooperation by installing a number of "new and advanced" centrifuges. The resolution, which comes shortly after the return of International Atomic Energy Agency (IAEA) chief Rafael Grossi from a , reportedly says it is "essential and urgent" for Tehran to "act to fulfill its legal obligations." A joint statement by Iran's Foreign Ministry and Atomic Energy Organization said on November 22 that the country's nuclear chief, Mohammad Eslami, "issued an order to take effective measures, including launching a significant series of new and advanced centrifuges of various types." The Iranian came after the IAEA's board on November 21 issued a second resolution condemning Tehran's cooperation with the agency after a similar warning in June. Some analysts say the resolution may be a step toward making a political decision to trigger a "snapback" of UN Security Council (UNSC) sanctions against Iran. The "snapback" mechanism is outlined in UNSC Resolution 2231, which enshrined a 2015 nuclear deal between Iran and world powers. However, the option to reimpose the sanctions expires in October 2025. The IAEA resolution, put forward by France, Germany, and Britain and supported by the United States, comes at a critical time as President-elect Donald Trump prepares to return at the White House in January. Trump during his first term embarked on a "maximum pressure" campaign of intensified sanctions on Iran and unilaterally withdrew the United States in 2018 from a landmark 2015 agreement that lifted some sanctions on Iran in exchange of curbs to its nuclear program, which the West suspects is aimed at obtaining a nuclear weapon. Iran claims its nuclear program is peaceful. The resolution passed on November 21 also urged Iran to cooperate with an investigation launched after uranium particles were found at two sites that Iranian authorities had not declared as nuclear locations. Nineteen of the 35 members of the IAEA board voted in favor of the resolution. Russia, China, and Burkina Faso opposed it, 12 members abstained, while one did not vote, diplomats who spoke on condition of anonymity told the AP. It also calls on the IAEA to come up with a "comprehensive report" on Iran's nuclear activities by spring. During Grossi's visit, Iran agreed with an IAEA demand to limit its stock of uranium enriched at 60 percent purity, which is still under the 90 percent threshold needed for a nuclear weapon, but it is much higher than the 3.67 percent limit it agreed to in the 2015 deal. However, Iranian Foreign Minister Abbas Araqchi, who was Tehran's chief negotiator for the 2015 agreement, warned that Iran would not negotiate "under pressure." Tehran has responded to previous similar resolutions by moves such as removing IAEA cameras and monitoring equipment from several nuclear sites, and increasing uranium enrichment to 60 percent purity at a second site, the Fordow plant. By RFE/RLIf Ohio State head coach Ryan Day is trying to make a statement against Michigan this afternoon, he's got a funny way of showing it. Despite being 20-point favorites over Michigan this weekend, Ohio State hasn't been able to create any separation. Fans thought the Buckeyes would finally get the upper hand in the third quarter when the defense intercepted a pass from Davis Warren to given the offense incredible field position, but Day's coaching ultimately doomed the team. After wasting a first-down play on a run that gained zero yards, Day dialed up a short pass and then another run on 3rd and 10. Naturally, fans at Ohio Stadium booed the coaching staff for its lack of aggression. To make matters worse, kicker Jayden Fielding missed a 34-yard field goal. Even though Day doesn't call the plays for Ohio State, he's under fire for allowing Chip Kelly's offense to be so conservative all game long. Ben Jackson/Getty Images "Ryan Day is a coward. A damn coward," one fan said. Another fan declared, "Fire Ryan Day immediately after this game." "This is on Ryan Day now because he keeps allowing Chip Kelly to call these plays," a social media user commented. "Ryan Day is going to mess around and get fired when he actually wins against Michigan.. this is worse than any of the 3 times he lost," a fourth person wrote. Day came into this weekend with a 1-3 record all-time against Michigan. He won his first meeting before dropping three in a row. If Ohio State ends up losing this game, Day should be fired. There's no reason for the Buckeyes to be struggling in this matchup. As crazy as this may sound, the final quarter of "The Game" could very well decide Day's future in Columbus. Related: Ryan Day Has To Be Fired If Ohio States Loses To Michigan As Double-Digit Favorites
Anthony Albanese treats world leaders to $60k worth of flowers and entertainmentomgimages/iStock via Getty Images Introduction Let's all understand something about Devon Energy Corporation ( NYSE: DVN ). They have amply demonstrated that they can deliver ample cash flow in an upper $60's to $70.00 WTI ( CL1:COM ) environment to The Daily Drilling Report Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch and an energy sector specialist. He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international energy companies, coverage from shale to deepwater drillers, technical analysis to identify catalysts, and more. Learn More . Analyst’s Disclosure: I/we have a beneficial long position in the shares of DVN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This is not advice to buy or sell this stock or ETF in spite of the particular rating I am required to select in the SA template. I am not an accountant or CPA or CFA. This article is intended to provide information to interested parties and is in no way a recommendation to buy or sell the securities mentioned. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to do their own due diligence before investing their hard-earned cash. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.In its latest edition, business magazine LMD reports that “the sense of optimism sparked by the presidential election in September outcome remains.” “Confidence in corporate circles remains largely unchanged following the presidential election, signalling a modest shift in economic sentiment under the caretaker government at the time of the latest monthly LMD-PEPPERCUBE Business Confidence Index (BCI) survey,” it adds. In the first week of November, when the unique poll was conducted, 41% of survey participants expressed optimism about the economy ‘improving’ over the next 12 months, maintaining the same level as in October, LMD notes. It continues: “Meanwhile, over half the respondents (56%) believe the economy will ‘stay the same,’ marking a 6% uptick. On the other hand, 3% expect the economy to ‘get worse,’ which is a decrease of six percentage points from the preceding month.” According to LMD, however, the shift in sentiment among sales people seen in October has held steady, as their concerns about the economic outlook remain subdued. The latest poll reveals that 46% of executives anticipate an improvement in their sales volumes over the next 12 months, which is consistent with October’s results.” “And 51% expect their sales numbers to ‘stay the same,’ marking a six point rise from 45% in October. Additionally, only 3% foresee their sales volumes to ‘get worse’ – down from nine percent,” the magazine reports. LMD’s publisher, Media Services, says the December edition of the magazine has been released and its digital edition has been shared on WhatsApp and the publisher’s social media platforms. The magazine’s Cover Story features David Sislen – World Bank’s Regional Country Director for Maldives, Nepal and Sri Lanka – who says: “While I acknowledge the risks ahead, I’m extremely bullish about Sri Lanka’s future.” The full story has been uploaded on LMD’s website (www.LMD.lk).
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