'US Proposes $7.54 Billion Loan to Stellantis, Samsung SDI Battery JV'

The U.S. Energy Department said Monday it is proposing to loan up to $7.54 billion to a joint venture of automaker Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

The conditional commitment award must still be finalized and includes $6.85 billion in principal and $688 million in capitalized interest for the StarPlus Energy joint venture. The venture will build batteries for Stellantis electric vehicles and at full capacity will produce about 67 GWh of batteries, enough to supply approximately 670,000 vehicles annually, the Energy Department said.

https://money.usnews.com/investing/news/articles/2024-12-02/us-proposes-7-54-billion-loan-to-stellantis-samsung-sdi-battery-joint-venture

Sequoia's Shaun Maguire: "Absolute Shit Bag" Hunter Biden Owes His Family $300k In Back Rent

 Sequoia partner Shaun Maguire posted on X, claiming that Hunter Biden owes his family $300,000 in back rent for a Venice, California, home. Maguire shared this information just hours after President Biden pardoned his son for crimes spanning 11 years. He then questioned whether Hunter, now pardoned, is still obligated to repay the debt.

"So what happens to the $300k+ in back pay rent that Hunter Biden owes my family from 2019-2020? Is that pardoned now? Thanks Joe," Maguire wrote on X late Sunday night. 

So what happens to the $300k+ in back pay rent that Hunter Biden owes my family from 2019-2020?

Is that pardoned now?

Thanks Joe

(This is a true story)

— Shaun Maguire (@shaunmmaguire) December 2, 2024

X user Autism Capital asked Maguire to explain more...

Umm...we feel like you have to tell this story 😂 pic.twitter.com/paw1yEJ4A8

— Autism Capital 🧩 (@AutismCapital) December 2, 2024

Maguire called Hunter an "Absolute shit bag" for skipping out on a year of rent at his family's Venice home. Rent, according to Maguire, was $25,000 a month. 

$25k/month on the canals in Venice, CA

— Shaun Maguire (@shaunmmaguire) December 2, 2024

This is wild! 

Yup. True story. Hunter was our tenant in Venice, CA. Didn't pay rent for over a year. Tried to pay w/ art made from his own feces.

Absolute shit bag.

— Shaun Maguire (@shaunmmaguire) December 2, 2024

LoL.

The walls were too high on cocaine to talk

— Shaun Maguire (@shaunmmaguire) December 2, 2024

"Indeed, he tried to pay w/ a book of art made from his own feces. But those aren't worth anything except when money laundering," Maguire continued. 

Indeed, he tried to pay w/ a book of art made from his own feces.

But those aren't worth anything except when money laundering.

— Shaun Maguire (@shaunmmaguire) December 2, 2024

Wow.

He changed the locks and used secret service to enforce. We had no access to the property.

— Shaun Maguire (@shaunmmaguire) December 2, 2024

In a separate X post, Maguire commented on the pardon.

I have no issues with the pardon

I have issues with Democrats LYING

And then gaslighting about the LIES

And then using lawfare against the other side

And claiming they're the ones lawfare is being used against

On the left, it's lies all the way down https://t.co/XLcR7ccCjv

— Shaun Maguire (@shaunmmaguire) December 2, 2024

X users pointed out to Maguire that the pardon doesn't cover civil claims.

The only thing Hunter Biden is guilty of is being unable to correctly weigh crack cocaine on a metric scale. There’s no pardon for that. pic.twitter.com/R0C5CXqlK7

— Alpha Of The Betas (@AlphaOfTheBetas) December 2, 2024

Hunter's indictment on tax fraud revealed his business dealings over the years. 

2018 was a boom year for Hunter. 

And this...

Starting 2014, crackhead Hunter Biden was paid $ 1 million a year by Ukraine gas giant Bursima because he was an "energy expert" but was really a way for Ukrainian oligarchs to buy influence from Joe Biden.

This is also the first year of his retroactive pardon by his father. https://t.co/dKnplRNHIy pic.twitter.com/w4iVXdMj9W

— zerohedge (@zerohedge) December 2, 2024

In 2018, a year in which he spent $384K on hookers, Hunter Biden told his ex wife he could not make his alimony payment because “the wire came back due to insufficient funds--/you know tuitions alimony taxes rent. Jesus.” https://t.co/FSuvjE1oxP pic.twitter.com/2N2in6RhTS

— zerohedge (@zerohedge) December 2, 2024

Good luck trying to recover money from Hunter. 

https://www.zerohedge.com/political/sequoias-shaun-maguire-claims-absolute-shit-bag-hunter-biden-owes-his-family-300k-back

AnaptysBio cut to Neutral by BTIG

 From Buy

https://finviz.com/quote.ashx?t=ANAB&p=d

Purple Biotech Positive Final Results of Phase 2 Study of CM24 in Second Line Pancreatic Cancer

 

• Final data demonstrate CM24 in combination with nivolumab and Nal-IRI/5FU/LV chemotherapy clear and consistent improvement across all efficacy endpoints
   
• A biomarker enriched patient population analysis based on pretreatment ranges of serum CEACAM1 demonstrated significant improvement in the treatment arm over the control of 79% reduction in risk of death (HR 0.21, P = 0.04) with median OS improvement of 5.1 months and over 90% reduction in risk of progression or death (HR < 0.1, P = 0.003) with median PFS improvement of 2.9 months and improvement in the treatment arm over the control in ORR of 50% vs. 0%.
  
  
• Phase 2b clinical study is planned in multiple selected indications, potentially targeting patients based on biomarkers  

https://www.globenewswire.com/news-release/2024/12/02/2989659/0/en/Purple-Biotech-Reports-Positive-Final-Results-from-Randomized-Phase-2-Study-of-CM24-in-Second-Line-Pancreatic-Cancer.html

Senti Bio Positive InitialData in Phase 1 Cell Therapy for Malignancies Including AML

 – 2 of 3 patients achieved MRD negative CR in the first dose level evaluated in the trial with a generally well-tolerated preliminary safety profile –

– Dose escalation is continuing with additional response and durability data expected in 2025 –

– Conference call scheduled on December 3 at 7:30am ET –

Conference Call Information
Senti Bio management and Dr. Strickland will discuss the SENTI-202 results on December 3, 2024 at 7:30am ET. To access the live webcast, please register online on the Events and Presentations page of Senti Bio’s website. The webcast may also be accessed as follows:

Conference ID: 1202759
United States - New York +1.646.968.2525
USA & Canada - Toll-Free +1.888.596.4144
Live webcast: https://edge.media-server.com/mmc/p/q37k42qa 

An archived webcast and accompanying slides will be available on the Company’s website approximately one hour after the event.

https://www.globenewswire.com/news-release/2024/12/02/2989665/0/en/Senti-Bio-Announces-Positive-Initial-Clinical-Data-in-Phase-1-Clinical-Trial-of-SENTI-202-a-Logic-Gated-Selective-CD33-FLT3-Targeting-CAR-NK-Cell-Therapy-for-the-Treatment-of-Relap.html

Taiwan President Speaks About China With Ex-Speaker Pelosi While in Hawaii

 Taiwan President Lai Ching-te held a 20-minute call with former U.S. House of Representatives Speaker Nancy Pelosi on Sunday during a visit to Hawaii, during which they discussed China's military threats, the official Central News Agency reported.

Lai is making what is officially a stopover in Hawaii while on a week-long visit to the Pacific, a trip that China has condemned saying it opposes any such transit stops by Taiwanese leaders on U.S. territory.

China claims democratically governed Taiwan as its own territory, a position Lai and his government reject.

Taiwan's Central News Agency, citing presidential office spokesperson Karen Kuo, said the conversation between Lai and Pelosi was warm and cordial, and the two talked about semiconductors, AI and China's military threat to Taiwan.

Pelosi remains a senior member of the Democratic Party.

China held war games around the island in 2022, furious at then-Speaker Pelosi's trip to Taiwan.

Security sources have told Reuters that China could hold more drills around Taiwan to coincide with Lai's Pacific trip.

The United States is Taiwan's most important international backer and arms supplier, even in the absence of formal diplomatic ties.

From Hawaii, Lai goes on to Marshall Islands, Tuvalu and Palau, three of the 12 countries to retain official relations with Taipei.

He will also make a stop over in the U.S. territory of Guam.

https://www.usnews.com/news/world/articles/2024-12-02/taiwan-president-speaks-about-china-with-ex-speaker-pelosi-while-in-hawaii

Philippines' Marcos says presence of Russian submarine 'very worrisome'

 Philippine President Ferdinand Marcos on Monday described as "very worrisome" the presence of a Russian attack submarine off the country's coast in the disputed South China Sea.

The UFA 490 submarine was spotted 148 kilometres (92 miles) west of Cape Calavite on Thursday, the Philippine military said.

"Any intrusion into the West Philippine Sea, of our EEZ (Exclusive Economic Zone), of our baselines is very worrisome," Marcos told reporters.

The Philippines dispatched a plane and a warship to the submarine, where the crew said they were awaiting good weather before proceeding to Russia's Vladivostok, the Philippine Navy said in a Monday statement.

Roy Vincent Trinidad, spokesman for the navy in the South China Sea, said the incident is "not alarming".

"But we were surprised because this is a very unique submarine," he told AFP.

The 74-metre (243-foot) long vessel is armed with a missile system that has a range of 12,000 kilometres, according to Russia's state-run TASS news agency.

The submarine was last seen in Philippine waters on Sunday, Trinidad said.

Russia's embassy in Manila and the Philippine foreign ministry did not immediately respond to AFP requests to comment on the matter.

https://sg.news.yahoo.com/philippine-president-says-russian-submarine-062631204.html