Latest news with #Nevada-based
Newsweek
2 days ago
- Business
- Newsweek
ICE Raids Venue of Trump's Former Business Rival
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Federal immigration authorities raided Delta Downs Racetrack Casino Hotel in Vinton, Louisiana, Tuesday as part of a targeted effort to locate undocumented workers within the U.S. racehorse industry. The business is owned by Nevada-based Boyd Gaming. The Boyd family was once considered a rival of President Donald Trump's business empire, when the then-mogul operated a number of casinos. "Our Company complies fully with federal labor laws, and to our knowledge, no Delta Downs team members were involved in this matter. We will cooperate with law enforcement as requested," said David Strow, a spokesperson for Boyd Gaming, in a statement to Newsweek. The Delta Downs racetrack in Vinton, Louisiana, is owned and operated by Boyd Gaming. The Delta Downs racetrack in Vinton, Louisiana, is owned and operated by Boyd Gaming. Courtesy KPLC In a lengthy statement about the operation, ICE said it had arrested approximately 84 illegal immigrants at the track, and that at least two had previous criminal records. "An investigation into potential criminal conduct related to the hiring of the illegal aliens remains ongoing and an assessment of whether any civil penalties are appropriate is being conducted," the ICE statement read. Why It Matters Trump has vowed to carry out the largest mass deportation operation in United States history. However, the policy has sparked concerns about its potential ripple effects on the economy. Immigration agents have been conducting raids across the country as they look to remove millions of migrants without legal status amid Trump's hard-line mass removal policy. The White House has said that anyone living in the country "illegally" is a criminal. Critics say the raids sow fear within immigrant communities. What To Know The Boyd family operates several properties in Las Vegas, where Trump maintains partial ownership of the Trump International Hotel Las Vegas. Boyd Gaming also once partnered with MGM on the Borgata Hotel Casino & Spa in Atlantic City, which was meant to compete against Trump's former properties there before they entered bankruptcy. According to a report from the Daily Racing Form, the raid at Delta Downs focused on backstretch workers, many of whom are vital to the daily operations of horse training and care. Witnesses described a large federal presence, with ICE agents entering dormitories and on-site worker housing. ICE said the operation "focused on the businesses that own and race thoroughbred and quarter horses out of the stables at the racetrack and the employees who work for them and take care of the horses." Vinton Police Chief Scott Spell said his department was notified Tuesday morning about a coordinated operation involving Louisiana State Police, Homeland Security Investigations (HSI) and U.S. Customs and Border Protection (CBP). He clarified that Vinton Police were not involved, noting that Delta Downs falls outside the department's jurisdiction. Some business leaders have reached out to Agriculture Secretary Brooke Rollins to express concern that worker attendance is plummeting amid fears of potential ICE enforcement, with many laborers avoiding job sites entirely, according to the Daily Racing Form report. According to the American Business Immigration Coalition (ABIC), agricultural production could decline by $30 billion to $60 billion if Trump's deportation policy is fully enacted, while the American Immigration Council projects that the president's policy could conservatively carry an operational cost of $315 billion for a one-time mass deportation. What People Are Saying ICE said in an unattributed statement: "The operation was conducted after authorities received intelligence indicating that the businesses operating out of the stables at the racetrack were employing unauthorized workers. Those suspicions were further confirmed during a subsequent site visit." Ed Fenasci, the executive director of the Louisiana HBPA, said: "With the feds involved, there's not much we can do or say." Calcasieu Parish Sheriff's Office spokeswoman Kayla Vincent said its officers "provided limited support by helping search the premises."
Cision Canada
4 days ago
- Health
- Cision Canada
Avant Technologies' JV Partner, Ainnova, Begins Diabetic Retinopathy Screenings with Leading Pharmacies
LAS VEGAS, June 17, 2025 /CNW/ -- Avant Technologies, Inc. (OTCQB: AVAI) ("Avant" or the "Company"), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced that screenings for diabetic retinopathy begin this week in collaboration with Grupo Dökka and its leading pharmacy subsidiaries, Fischel Pharmacies and La Bomba Pharmacies located in Central America. Both Fischel and La Bomba Pharmacies have asked their diabetic customers to schedule a free screening as part of a collaborative program where Ainnova will use its cutting-edge AI platform, Vision AI, to help identify changes in the retina using a quick and non-invasive scan of the patient's retina. Vinicio Vargas, Chief Executive Officer at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp., a joint venture company created by both Avant and Ainnova, said of the benefits for the collaboration, "As we begin similar initiatives in Mexico, our goal is to close the patient care loop with timely treatment—connecting every step of the journey. We are integrating pharma, retail, ophthalmologists, and our technology into a unified experience, all driven by one incentive: the well-being of the diabetic patient. Projects like this allow us to validate the model across diverse populations and sectors as part of our strategy to reach the market in a smarter, more efficient way—where the biggest winners are the patients." Diabetic retinopathy is one of the main causes of vision loss in people with diabetes. Although, in its early stages, it may not present symptoms, it can be detected with a simple and quick screening. The screenings are important for: Prevention: Screenings will detect changes in the retina before they affect vision. Speed: Each screening takes only a few minutes. Peace of Mind: Patients will receive the results of the screening in a secure and timely manner. Grupo Dökka, which operates in Costa Rica, Nicaragua, and Panama with expansion expected into other Central American countries, has created numerous innovative platforms, including storage and distribution, pharmacies, and marketing and sales, that provide access to comprehensive health and well-being solutions for all people. About Ainnova Tech, Inc. Ainnova is a Nevada-based healthtech startup with headquarters in San Jose, Costa Rica, and Houston, Texas. Founded by an experienced and innovative team that is dedicated to leveraging artificial intelligence for early disease detection. Recognized with multiple global awards and renowned partnerships with hospitals and medical device companies, we proudly introduce Vision AI – our cutting-edge platform designed to prevent blindness and detect the early onset of diabetes. Explore how Ainnova is revolutionizing healthcare through advanced technology and proactive solutions. About Avant Technologies, Inc. Avant Technologies, Inc. is an emerging technology company developing solutions in artificial intelligence in healthcare. With a focus on pushing the boundaries of what is possible in AI and machine learning, Avant serves a diverse range of industries, driving progress and efficiency through state-of-the-art technology. More information about Avant can be found at You can also follow us on social media at: Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date after the date of the press release.
American Military News
4 days ago
- Business
- American Military News
Trump mulls using defense powers to fund rare-Earth projects
The Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects it deems critical to national security, people familiar with the matter said. Officials are discussing using the Defense Production Act to tap financing, loans and other means for rare earths element-related projects, including mining, processing and other downstream technologies to bolster the U.S.'s capability to build a domestic supply chain, the people said. A specific course of action or a timeline have yet to be finalized, the people said. MP Materials Corp., the sole domestic producer of rare earths, would be a prime beneficiary. Deputy Defense Secretary Steve Feinberg is working to line up funding for the company, people familiar with that matter said. The Nevada-based mineral processor has received millions in funding from the Defense Department. MP Materials rose as much as 17% to $29.96 at 3:45 pm in New York, the highest on an intraday level since March 14. A spokesman for MP Materials declined to comment. Representatives for the White House and the Pentagon didn't immediately respond to requests for comment. Defense Secretary Pete Hegseth in a congressional hearing this week said that MP Materials 'is a great example of a place where we can partner with industry' and that Feinberg is focused on sourcing rare earth supply. The U.S. currently lacks the so-called mine-to-magnet capability at scale, and invoking the emergency authority will give the Defense Department and other agencies tools to speed up sourcing that severely lags China's dominance in the industry. The urgency has only increased since Beijing flexed its rare earths capacity as leverage in trade talks with Washington over the past month. Beijing's decision to block exports of rare earths focused Trump administration attention on China's dominance in processing the materials used in semiconductors, jet engines and other technology, and it's stoked a surge of interest in rapidly developing U.S. supply chains. 'This is a wake-up call for America,' Interior Secretary and National Energy Dominance Council Chairman Doug Burgum told Bloomberg News in a June 1 interview. 'We are so exposed, right now — precariously exposed — to China's grip on not just the mining, but the processing. They're mining all over the world, but they control 85% of the processing.' An existing U.S. stockpile is 'massively insufficient' Burgum said, adding that billions of dollars could be needed to build a bigger mineral reserve. The latest discussions come more than two months after President Donald Trump signed an executive order to boost production of critical minerals that encouraged faster permitting for mining and processing projects. White House Efforts While that order encompassed rare earths, one of the people familiar with the matter said issuing a new directive is essentially a chance for Trump to publicly message that he's countering Beijing on a U.S. vulnerability that's inflamed trade tensions between the world's largest economies. At the National Energy Dominance Council, David Copley is leading work on the rare-earths issue and has been tasked with coordinating most efforts related to critical minerals, people familiar with the matter said. Copley, a former executive with the mining company Newmont Corp., has been receiving proposals for how the U.S. can quickly build out its own critical minerals supply chains and lists of potential shovel-ready projects the government can quickly invest in through DPA and other funding avenues. Copley's role has taken on new prominence as a result of Elon Musk's efforts to downsize the federal bureaucracy that have led to a wave of buyouts, resignations and retirements at key federal offices working on supply chain issues. The Trump administration revived Biden-era efforts to create a domestic supply chain for rare-earth magnets after China in April clamped down on exports of the materials, Bloomberg News reported last week. As part of the effort, officials solicited proposals to bolster domestic supplies of the magnets within the next six to 12 months as pressure mounted that China's recent retaliation was putting serious pressure on the Pentagon's stockpiles, as well as the inventories of U.S. automakers and some aerospace-related companies. ___ © 2025 Bloomberg L.P. Distributed by Tribune Content Agency, LLC.
Yahoo
12-06-2025
- Business
- Yahoo
Trump Mulls Using Defense Powers to Fund Rare-Earth Projects
(Bloomberg) -- The Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects it deems critical to national security, people familiar with the matter said. Shuttered NY College Has Alumni Fighting Over Its Future Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NYC Renters Brace for Price Hikes After Broker-Fee Ban Do World's Fairs Still Matter? NY Long Island Rail Service Resumes After Grand Central Fire Officials are discussing using the Defense Production Act to tap financing, loans and other means for rare earths element-related projects, including mining, processing and other downstream technologies to bolster the US's capability to build a domestic supply chain, the people said. A specific course of action or a timeline have yet to be finalized, the people said. MP Materials Corp., the sole domestic producer of rare earths, would be a prime beneficiary. Deputy Defense Secretary Steve Feinberg is working to line up funding for the company, people familiar with that matter said. The Nevada-based mineral processor has received millions in funding from the Defense Department. MP Materials rose as much as 17% to $29.96 at 3:45 pm in New York, the highest on an intraday level since March 14. A spokesman for MP Materials declined to comment. Representatives for the White House and the Pentagon didn't immediately respond to requests for comment. Defense Secretary Pete Hegseth in a congressional hearing this week said that MP Materials 'is a great example of a place where we can partner with industry' and that Feinberg is focused on sourcing rare earth supply. The US currently lacks the so-called mine-to-magnet capability at scale, and invoking the emergency authority will give the Defense Department and other agencies tools to speed up sourcing that severely lags China's dominance in the industry. The urgency has only increased since Beijing flexed its rare earths capacity as leverage in trade talks with Washington over the past month. Beijing's decision to block exports of rare earths focused Trump administration attention on China's dominance in processing the materials used in semiconductors, jet engines and other technology, and it's stoked a surge of interest in rapidly developing US supply chains. 'This is a wake-up call for America,' Interior Secretary and National Energy Dominance Council Chairman Doug Burgum told Bloomberg News in a June 1 interview. 'We are so exposed, right now — precariously exposed — to China's grip on not just the mining, but the processing. They're mining all over the world, but they control 85% of the processing.' An existing US stockpile is 'massively insufficient' Burgum said, adding that billions of dollars could be needed to build a bigger mineral reserve. The latest discussions come more than two months after President Donald Trump signed an executive order to boost production of critical minerals that encouraged faster permitting for mining and processing projects. White House Efforts While that order encompassed rare earths, one of the people familiar with the matter said issuing a new directive is essentially a chance for Trump to publicly message that he's countering Beijing on a US vulnerability that's inflamed trade tensions between the world's largest economies. At the National Energy Dominance Council, David Copley is leading work on the rare-earths issue and has been tasked with coordinating most efforts related to critical minerals, people familiar with the matter said. Copley, a former executive with the mining company Newmont Corp., has been receiving proposals for how the US can quickly build out its own critical minerals supply chains and lists of potential shovel-ready projects the government can quickly invest in through DPA and other funding avenues. Copley's role has taken on new prominence as a result of Elon Musk's efforts to downsize the federal bureaucracy that have led to a wave of buyouts, resignations and retirements at key federal offices working on supply chain issues. The Trump administration revived Biden-era efforts to create a domestic supply chain for rare-earth magnets after China in April clamped down on exports of the materials, Bloomberg News reported last week. As part of the effort, officials solicited proposals to bolster domestic supplies of the magnets within the next six to 12 months as pressure mounted that China's recent retaliation was putting serious pressure on the Pentagon's stockpiles, as well as the inventories of US automakers and some aerospace-related companies. --With assistance from Courtney McBride, Yvonne Yue Li and Jeran Wittenstein. (Updates to add share moves in the fourth paragraph) American Mid: Hampton Inn's Good-Enough Formula for World Domination New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software US Tariffs Threaten to Derail Vietnam's Historic Industrial Boom The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling ©2025 Bloomberg L.P.
Yahoo
12-06-2025
- Business
- Yahoo
'He Said, "How Much?"' — John Salley Says Shaquille O'Neal Handed Him $70,000 With No Contract, No Payback, Just Pure Brotherhood
"He said, 'how much?'" Former NBA forward John Salley remembers posing that question and watching Shaquille O'Neal calmly peel off $70,000 in cash—no contract, no interest, just teammate trust. The spur-of-the-moment loan, Salley says, proved generosity in professional sports can loom as large as the 7-foot-1 center himself. Salley shared the memory during a September 2019 interview with VladTV. During the 1999-2000 campaign, Salley—then a 35-year-old reserve forward— accepted a veteran-minimum salary of roughly $510,000. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. O'Neal, midway through a seven-year, $120 million Lakers deal, was dominating the court. But off the court, he was just as impactful, showing that his generosity matched his superstar status. By then, O'Neal's off-court portfolio had already included early Google shares and, later, a board seat with Papa John's (NASDAQ:PZZA). Those moves helped push his fortune toward $500 million, talkSPORT reported six months ago. Handing over $70,000, therefore, felt effortless, yet it bridged a real cash-flow crunch for Salley, whose prime-era contracts had dwindled after title runs in Detroit and Chicago. Trending: Maximize saving for your retirement and cut down on taxes: . Retirement steered each teammate into new arenas. In February 2018, Salley partnered with GreenSpace Labs to introduce the GreenLite Screener, a handheld detector originally designed for U.S. military toxin testing. A year later, he and his daughter, Tyla, founded Deuces 22, a lifestyle cannabis label focused on quality flower and social-justice education. In July 2019, Nevada-based Flower One Holdings announced a licensing deal allowing its 400,000-square-foot greenhouse to produce and distribute 22 Deuces products statewide. According to a March forecast from Grand View Research, the U.S. cannabis market could reach $76.39 billion by 2030, expanding more than 11% annually. Salley told VladTV he treats the forgotten loan as phantom equity: "I got him in my brain as an investor," he said, adding that O'Neal still waves off 22 has biodegradable / compostable materials that break down in 10 years. The company is also adding an augmented-reality feature to its labels so shoppers can scan every pack to see an authenticity message. Its classroom arm, Deuces Academy, is dedicated to delivering educational and informative content to the community through articles, photos, short-form videos, and contests, aiming to engage and educate on various topics, potentially including social justice. Meanwhile, according to The Wolf of Franchises, O'Neal owns more than 150 fast-food outlets, 50 gyms, and multiple car wash chains, reinforcing a belief that wealth multiplies when shared. Read Next: Many are using retirement income calculators to check if they're on pace — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? PAPA JOHN'S INTERNATIONAL (PZZA): Free Stock Analysis Report This article 'He Said, "How Much?"' — John Salley Says Shaquille O'Neal Handed Him $70,000 With No Contract, No Payback, Just Pure Brotherhood originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
