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Friday, January 10, 2025

Homeless man, 69, on video stabbing thugs terrorizing him on subway, killing 1, won’t face charges: DA

 Dramatic video footage captured the moment a 69-year-old homeless man stabbed the thugs who mercilessly terrorized him on a Queens subway train, killing one and wounding another.

In a twist of transit justice, it’s the surviving goons who are now behind bars, prosecutors said.

“The victim was accosted, without provocation, and our investigation has shown that he defended himself while attempting to retrieve his property,” Queens District Attorney Melinda Katz said in a statement Wednesday.

The Dec. 22 confrontation on a Queens 7 train began with five thugs stealing from a sleeping 69-year-old homeless man, who was pummeled when he approached the group.Queens DA
The homeless victim finally has enough and pulls out a long knife, stabbing two of his attackers, who scramble — including one seen bleeding profusely.Queens DA
The victim, still clutching the knife, then walks to the middle of the empty subway car after his attackers flee.Queens DA
“As a result, my office will not be filing charges for the fatality.”

Gripping footage of the violent encounter on a 7 train on Dec. 22 shows the victim sleeping on the train shortly before 12:30 a.m. when two of the brutes — identified by prosecutors as Stalin Moya and Oswaldo Walter — grab one of the man’s bags and take it into a second car.

Moya then goes back and grabs more of the victim’s bags — waking him up in the process.

Prosecutors said one member of the violent group, identified as Stalin Moya, was mortally wounded when the homeless victim turned the tables on the violent thugs.Queens DA

That’s when things got violent.

The unidentified victim followed Moya into the second car to try to get his things back, only to be attacked and pounded by several men in the group as they scattered and hid his bags.

The footage shows the victim then being shoved and slugged repeatedly by the group — until he has enough and pulled out a long knife and slashed his attackers, wounding at least two.

The cowardly thugs then scatter — one seen stumbling away, bleeding from his wounds — as the victim stands in the middle of the empty subway car, still clutching the knife.

Queens prosecutors said Moya was killed and defendant Phillipe Pena was wounded.

Jose Valencia, one of four brutes charged with assault and robbery in attack on sleeping homeless man.Obtained by NY Post
Henry Toapana was one of four men charged with assault and robbery for allegedly attacking a sleeping homeless man on the subway.Obtained by NY Post

Pena, 26, and Walter, 29, and two others — Jose Valencia, 35, and Henry Toapanta, 32 — have now been indicted by a grand jury on robbery and assault charges in the incident.

The DA’s office said all of the suspects are also homeless.

“Our subways must be safe for the millions of people who depend on public transportation,” Katz said in her statement. “The New York City subway system has been outfitted with cameras and the video recovered in this case is vital to our prosecution.”

The incident comes amid a recent jump in subway violence and has similarities to earlier instances when straphangers fought back against transit thugs.

Oswaldo Walter was charged with assault and robbery for allegedly attacking a sleeping homeless man on the subway.Obtained by NY Post

Most notable is the case of Daniel Penny, a Marine who was acquitted in the chokehold death of vagrant Jordan Neely on a Manhattan F train in 2023.

Another straphanger, Jordan Williams, fatally stabbed an aggressive homeless man who assaulted him and his companion on a Brooklyn J train later that year, but was cleared when a grand jury voted not to indict him on manslaughter and weapons charges.

https://nypost.com/2025/01/09/us-news/homeless-man-seen-stabbing-thugs-terrorizing-him-on-nyc-subway-killing-1-wont-face-charges-da/

Thursday, January 9, 2025

Arson suspect arrested in Woodland Hills, CA near Kenneth Fire

A possible arson suspect was arrested Thursday night near the Kenneth Fire area as fire crews continue battling flames burning near homes in Calabasas and West Hills.

At around 4:30 p.m., Los Angeles police responded to reports of a man attempting to light a fire in the 21700 block of Ybarra Road in Woodland Hills.

  • A male arson suspect was arrested in Woodland Hills as the nearby Kenneth Fire ignited in the Calabasas area on Jan. 9, 2025. (Citizen)
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A male arson suspect was arrested in Woodland Hills as the nearby Kenneth Fire ignited in the Calabasas area on Jan. 9, 2025. (Citizen)

Residents who reportedly spotted the suspect held him down until officers arrived. Photos of the arrest shared on the Citizen app show officers surrounding a home where the male suspect was apprehended.

Authorities have not confirmed whether the man was responsible or had any connection with the current wildfires. His identity was not released.

The Kenneth Fire was first reported around 2:30 p.m. in an area of dry brush in the Upper Las Virgenes Canyon Open Space just north of the 101 Freeway. By 6 p.m., the fire grew to 960 acres with zero containment.

Sky5 footage showed helicopters dropping flame retardant around the fire’s perimeter and fixed-wing aircraft dumping water to protect homes.

An arson investigation is underway and no further details on the suspect were released.

Crews across Southern California are working to contain several devastating wildfires as the Palisades Fire in Pacific Palisades and Malibu and the Eaton Fire in Altadena and Pasadena continue growing.

https://ktla.com/news/local-news/arson-suspect-arrested-in-woodland-hills-near-kenneth-fire/


Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say

 A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday. 

Musk's attorney Marc Toberoff sent a letter to the states' top law officers on Tuesday in which he argued they should provide a process for competitive bidding to determine fair market value of OpenAI's charitable assets to "protect the public's beneficial interest," as the startup is working on removing the control of its non-profit, according to the sources. 

"Elon is engaging in lawfare. We remain focused on our mission and work," OpenAI spokesperson said in a statement. The startup previously said the valuation of its charitable assets will be determined by independent financial advisors. Financial Times reported the letter earlier in the day.

Sam Altman co-founded OpenAI alongside Musk and others, and became one of the technology world's biggest names after the 2022 launch of the artificial intelligence tool ChatGPT. Backed by Microsoft, OpenAI was valued at $157 billion in October after raising $6.6 billion from investors.

Reuters first reported the ChatGPT maker's plan to revamp its corporate structure so its for-profit business would be independent from non-profit control in September. The company outlined the plan in detail late December, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined" and the plan would result in "one of the best resourced non-profits in history." 

Musk, who owns AI startup xAI, is suing OpenAI in courts in an effort to block OpenAI's conversion, which it had argued as a departure of the mission he funded the company on. The court is likely to rule on the preliminary injunction Musk's lawyers had applied for later this month.

Delaware Attorney General Kathy Jennings weighed in on the case by sending the court an amicus brief on Dec. 29, stating she is currently reviewing OpenAI's proposed changes.

"That Delaware is on record asserting that it is closely monitoring the situation should definitely undercut a judge's willingness to enjoin a transaction Musk and Encode characterize as dangerous, unwise, or the product of fiduciary violations," Darryll Jones, Professor of Law at Florida A&M University wrote in a blog. Encode is an AI safety non-profit that joined Musk's efforts to block OpenAI's for-profit transition.

 California Attorney General Rob Bonta, who also has jurisdiction, has not commented on the case, despite a letter from Meta urging him to block it.

https://www.msn.com/en-ca/money/topstories/musk-asks-state-ags-to-auction-off-openai-stake-in-nonprofit-restructuring-sources-say/ar-BB1rbTyg

US to finalize Chinese vehicle crackdown rules next week, Raimondo says

 President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.

In September, the department proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns. That move would effectively bar Chinese cars and trucks from the U.S. market. Major global automakers would have to remove key Chinese software and hardware from vehicles sold in the U.S. in the years ahead.


"We wanted to hear from industry. We had to get it right. We digested all of that comment and now we're going to get this out," Raimondo said in an interview. "It's really important because we don't want two million Chinese cars on the road and then realize... we have a threat."

The White House cleared the final rule late Tuesday, according to a government website.

The proposal issued in September would make software prohibitions effective in the 2027 model year. The hardware ban would take effect in 2029.

The Alliance for Automotive Innovation, representing General Motors Toyota Motor Volkswagen, Hyundai Motor and other major automakers, in October sought at least one additional year to meet the hardware requirement.

The Consumer Technology Association said both deadlines should be extended by two years as did Honda Motor in order "to conduct crucial testing, validations, and updating of necessary contracts."

In September, the Biden administration locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles and hikes on EV batteries and key minerals.

President-elect Donald Trump, who takes office on Jan. 20, wants to prevent Chinese auto imports but has said he remains open to Chinese automakers building vehicles in the U.S.

"We're going to give incentives, and if China and other countries want to come here and sell the cars, they're going to build plants here, and they're going to hire our workers," Trump told Reuters.


https://finance.yahoo.com/news/us-finalize-chinese-vehicle-crackdown-174314346.html

KKR, PSP Investments Partner to Buy Stake in Two American Electric Power Companies

 Today, investment funds managed by KKR, a leading global investment firm, and the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investors, announced an agreement to acquire a 19.9% interest in American Electric Power’s (“AEP”) Ohio and Indiana & Michigan transmission companies for $2.82 billion. Founded in 1906 and one of the largest electric utilities in the U.S., AEP has pioneered the country’s energy system through the delivery of safe, reliable and affordable energy for millions of homes. The investment will support AEP’s ability to meet increasing customer demand and enhance grid reliability. KKR and PSP Investments have formed a 50/50 strategic partnership to pursue the acquisition.

AEP is a fully regulated electric utility that serves 5.6 million retail and wholesale customers across 11 states. Ohio, Indiana and Michigan are among AEP’s fastest-growing service territories driven primarily by the strong American manufacturing industry and newer sources of load growth. The investment by KKR and PSP Investments in these two transmission companies will support AEP’s previously announced five-year capital plan to benefit customers.

“We are thrilled to strategically partner with the best-in-class leader in transmission in the U.S., and are impressed with AEP’s deep operational capabilities, highly experienced leadership team, and its history of innovation,” said Kathleen Lawler, Managing Director, KKR. “KKR’s infrastructure business has a long track record of investing behind the energy transition and electrification opportunities, and this investment in AEP sits squarely at the intersection of these two trends. The simplicity and stability of the assets, coupled with the robust demand for electricity, make AEP’s transmission assets an ideal investment for KKR.”

“We are delighted to form this partnership with AEP to support its ambitious growth plan to build much needed transmission infrastructure in a region that is undergoing significant tailwinds from digitalization and reshoring of critical manufacturing,” said Michael Rosenfeld, Managing Director, Infrastructure Investments, PSP Investments. “This investment marks an important milestone in PSP Infrastructure’s roll out of its High Inflation Correlated Infrastructure (“HICI”) strategy, which is predicated on investing in North American core infrastructure assets that exhibit a defensive and predictable inflation-linked cashflow profile.”

“We are pleased to launch this strategic partnership with two of the world’s premier global infrastructure investors. KKR and PSP are experienced investors in the utilities and energy space with a proven track record of successful infrastructure investments,” said Bill Fehrman, AEP president and chief executive officer. “This transaction allows AEP to efficiently finance a growing segment of our business and enhances our ability to serve growing customer demand and provide reliable service to our customers.”

Upon the closing of the transaction, AEP will remain the majority owner and operator of the transmission assets. KKR is funding this investment from its core infrastructure strategy.

Moelis and Morgan Stanley served as financial advisors and Simpson Thacher served as legal advisor to KKR and PSP Investments.

https://www.businesswire.com/news/home/20250109303908/en/KKR-and-PSP-Investments-Acquire-Minority-Stake-in-Two-American-Electric-Power-Transmission-Companies