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•  Financial - Legal News


The Supreme Court's conservative majority on Monday sounded skeptical of state laws that allow the counting of late-arriving mail ballots, a persistent target of President Donald Trump.

A ruling, likely to come by late June, that bars counting ballots arriving after Election Day would send officials scrambling in 14 states and the District of Columbia, just a few months before the 2026 midterm congressional elections to change their ballot rules.

An additional 15 states that have more forgiving deadlines for ballots from military and overseas voters also could be affected.

The legal challenge is part of Trump's broader attack on most mail balloting, which he has said breeds fraud despite strong evidence to the contrary and years of experience in numerous states. Trump has repeatedly claimed that his loss to Joe Biden in 2020 resulted from fraud even though more than 60 court decisions and his own attorney general said that argument had no merit.

While there was no explicit reference to the 2020 election, several conservative justices gave voice to some of Trump's complaints. Justice Samuel Alito wondered about the appearance of fraud in situations where "a big stash of ballots" that arrive late "radically flipped" an election.

Defending the state law, Mississippi Solicitor General Scott Stewart pointed out that the Trump administration and its allies in the case have yet to submit a single case of fraud due to late-arriving mail ballots.

The court's liberal justices indicated they would uphold state laws with post-Election Day deadlines. "The people who should decide this issue are not the courts, but Congress, the states and Congress," Justice Sonia Sotomayor said.

Forcing states to change their practices just a few months before the election risks "confusion and disenfranchisement," especially in places that have had relaxed deadlines for years, state and big-city election officials told the court in a written filing.

California, Texas, New York and Illinois are among the states with post-Election Day deadlines. Alaska, with its vast distances and often unpredictable weather, also counts late-arriving ballots.

Alaska elections officials said Monday they are preparing for the fall elections under existing law. "If a ruling requires operational changes, we will work through those in coordination with the appropriate state entities to ensure compliance and to provide clear information to voters," the Alaska Division of Elections said in a statement.

Lawyers for the Republican and Libertarian parties, as well as Trump's administration, are asking the justices to affirm an appellate ruling that struck down a Mississippi law allowing ballots to be counted if they arrive within five business days of the election and are postmarked by Election Day.




Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company.

Shareholders of Kimberly-Clark will own about 54% of the combined company. Kenvue shareholders will own about 46%.

The combined company will have a large stable of household brands under one roof, putting Kenvue’s Listerine mouthwash and Band-Aid side-by-side with Kimberly-Clark’s Cottonelle toilet paper, Huggies and Kleenex tissues. It will also generate about $32 billion in annual revenue.

Kenvue has spent a relatively brief period as an independent company, having been spun off by Johnson & Johnson two years ago. J&J first announced in late 2021 that it was splitting its consumer health division from the pharmaceutical and medical device divisions.

The deal announced Monday is among the largest corporate takeovers of the year.

Kenvue was thrust into the national spotlight last month when Health Secretary Robert F. Kennedy, Jr. reasserted the unproven link between the pain reliever Tylenol and autism, and suggested people who opposed the theory were motivated by hatred for President Donald Trump.

During a meeting with Trump and the Cabinet, Kennedy reiterated the connection, even while noting there was no medical proof to substantiate the claim.

In July Kenvue, announced that CEO Thibaut Mongon was leaving in the midst of a strategic review with the company under mounting pressure from activist investors. Board member Kirk Perry is serving as interim CEO.

“We will serve billions of consumers across every stage of life,” Kimberly-Clark Chairman and CEO Mike Hsu said in a statement.

Hsu will be chairman and CEO of the combined company. Three members of the Kenvue’s board will join Kimberly-Clark’s board at closing. The combined company will keep Kimberly-Clark’s headquarters in Irving, Texas and continue to have a significant presence in Kenvue’s locations.

The deal is expected to close in the second half of next year. It still needs approval from shareholders of both both companies.

Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. That amounts to $21.01 per share, based on the closing price of Kimberly-Clark shares on Friday.

Kimberly-Clark and Kenvue said that they identified about $1.9 billion in cost savings that are expected in the first three years after the transaction’s closing.

Shares of Kimberly-Clark slipped more than 15% before the market open, while Kenvue’s stock jumped more than 20%.


JJ Taekwondo - Redlands, CA Jiujitsu, Taekwondo

•  Financial     updated  2024/05/15 12:44


What is Tae Kwon Do?

Taekwondo is a non-aggressive and ethical system of self-defense. Taekwondo developed from humble beginnings over 1,000 years ago and has since spread internationally to become one of the world’s most successful and popular martial arts. Its practitioners enjoy physical and mental discipline, as well as excellent fitness and the ability to defend themselves if necessary. Taekwondo is not only a combat sport, but is also a way of life for enthusiasts around the globe.

What is Tae Jujutsu?
Jujutsu is a family of Japanese martial arts and a system of close combat that can be used in a defensive or offensive manner to kill or subdue one or more weaponless or armed and armored opponents.

Master John Park
Taekwondo instruction by Master John Park is professional and personal training for life. It will lead to a change of Body, a change of Mind and a change of Self, all for the good of the individual, family, and community


Phone:
(909) 522-0088

Address:
1528 Barton Rd.
Redlands, CA 92373

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