House Ethics Panel Finds Florida Democrat Congresswoman Committed 25 Violations Authored by Chase Smith via The Epoch Times, A bipartisan House Ethics Committee panel found on March 27 that Rep. Sheila Cherfilus-McCormick (D-Fla.) committed 25 ethics violations, a ruling that sets the stage for a sanctions hearing and a potential expulsion vote on the House floor. The adjudicatory subcommittee, co...
House Ethics Panel Finds Florida Democrat Congresswoman Committed 25 Violations Authored by Chase Smith via The Epoch Times, A bipartisan House Ethics Committee panel found on March 27 that Rep. Sheila Cherfilus-McCormick (D-Fla.) committed 25 ethics violations, a ruling that sets the stage for a sanctions hearing and a potential expulsion vote on the House floor. The adjudicatory subcommittee, composed of four Republicans and four Democrats, deliberated until well past midnight before releasing its findings Friday morning. The panel found 25 of 27 counts in the Statement of Alleged Violations proven by clear and convincing evidence. The full committee will hold a sanctions hearing shortly after the House returns from the April recess. The violations center on Cherfilus-McCormick’s alleged use of millions of dollars from her family’s health care company, Trinity Healthcare Services, to fund her 2022 congressional campaign through a network of family members and affiliated businesses. Investigators also found violations related to her reelection campaign, financial disclosure failures, and use of her congressional office to benefit allies. Thursday’s public hearing was the first open ethics proceeding against a sitting House member in nearly 15 years. The ruling could fuel a Republican-led expulsion push and further divide a Democratic Caucus trying to retake the House majority in November. Cherfilus-McCormick is running for a fourth term representing a southeastern Florida district. Expulsion from the House requires a two-thirds vote. Republicans have signaled they intend to push for it. “I look forward to proving my innocence,” the congresswoman’s office told The Epoch Times via email. “Until then, my focus remains where it belongs: showing up for the great people of Florida’s 20th District who sent me to Washington to fight for them.” The congresswoman has maintained her innocence. “This is an unjust, baseless, sham indictment—and I am innocent,” she said at the t...
onurdongel/iStock via Getty Images Perma-Fix Environmental Services, Inc. ( PESI ), the waste management company we've been following for years, did produce disappointing Q4 results . Apart from Q1, a better FY26 lies ahead as the company's fortunes are boosted from Hanford (the biggest nuclear waste site in the U.S.), international opportunities, and its PFAS removal business. Let's start with th...
onurdongel/iStock via Getty Images Perma-Fix Environmental Services, Inc. ( PESI ), the waste management company we've been following for years, did produce disappointing Q4 results . Apart from Q1, a better FY26 lies ahead as the company's fortunes are boosted from Hanford (the biggest nuclear waste site in the U.S.), international opportunities, and its PFAS removal business. Let's start with the biggest opportunity, Hanford, where waste removal (grouting) has finally started. Hanford After years of delay, the DFLAW grouting plant finally started in October 2025 and has processed approximately 50K gallons of tank waste through February 2026. Management expects revenue of $1M to $2M per month from DFLAW-related activities starting in Q2/26, ramping up throughout the year. And there are additional opportunities ( Q4CC ): In addition to supporting DFLAW program, we expect to participate in several other Hanford related waste streams and site programs that will generate additional treatment demand over time. These increases in receipts include providing solidification, treatment support to high-volume contaminated water from the Hanford site as well as increasing our Transuranic Waste Processing program by 100% beginning this month, supported by additional shifts at the Perma-Fix Northwest facility. As waste receipts increase, we expect to utilize the expanded capacity to support a growing volume of treatment activity tied to both Hanford Mission and other DOE programs. DOE plans to use PESI’s Northwest facility to grout effluent (blowdown water) rather than vitrify it, thereby providing another 20% or so of the waste volume for treatment. The DOE has increased targets to treat up to 200M gallons of Hanford tank waste through 2040, with a supplemental grouting program set to begin in 2026. A significant long-term opportunity exists via a recent RFP to treat 22 tanks (containing up to 50M gallons) through grouting, starting in January 2028, a contract valued at approxi...
Paranovus Entertainment Technology ( PAVS ) will implement a 1-for-12 reverse share split of its Class A ordinary shares. The adjusted shares will begin trading on Nasdaq Capital Market on March 31, 2026. Outstanding shares will decrease from about 11.34M to ~944,778 after the split. PAVS shares down 16%. More on Paranovus Entertainment Technology Ltd. Most and least shorted consumer staples with ...
Paranovus Entertainment Technology ( PAVS ) will implement a 1-for-12 reverse share split of its Class A ordinary shares. The adjusted shares will begin trading on Nasdaq Capital Market on March 31, 2026. Outstanding shares will decrease from about 11.34M to ~944,778 after the split. PAVS shares down 16%. More on Paranovus Entertainment Technology Ltd. Most and least shorted consumer staples with up to $2B market cap at February end Financial information for Paranovus Entertainment Technology Ltd.
Justin Paget/DigitalVision via Getty Images BlackRock Utilities, Infrastructure & Power Opportunities Trust's ( BUI ), a utilities/infrastructure-focused closed-end fund, rights offering is live. The Worker's Advocate, a contributing author to the Income Lab , recently covered BUI more generally for readers here . This article will specifically focus on the mechanics of the ongoing rights offering...
Justin Paget/DigitalVision via Getty Images BlackRock Utilities, Infrastructure & Power Opportunities Trust's ( BUI ), a utilities/infrastructure-focused closed-end fund, rights offering is live. The Worker's Advocate, a contributing author to the Income Lab , recently covered BUI more generally for readers here . This article will specifically focus on the mechanics of the ongoing rights offering and the choices that investors in the fund have. From the press release: BlackRock Utilities, Infrastructure, & Power Opportunities Trust (BUI) (the "Fund") today announced the terms of transferable rights ("Rights") to be issued to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of March 9, 2026 (the "Record Date"). Rights entitle the holder to purchase one new Share for every 4 Rights exercised (1-for-4). The subscription price per Share (the "Subscription Price") will be determined on the expiration date of the Offer, which is currently expected to be April 2, 2026, unless extended by the Fund (the "Expiration Date"), and will be equal to 95% of the average of the last reported sales price per Share on the New York Stock Exchange (the "NYSE") on the Expiration Date and each of the four (4) immediately preceding trading days provided that, if such price is equal to or above net asset value (“NAV”) at the Expiration Date, it shall be reduced to $0.01 below NAV on the Expiration Date (the "Formula Price"). If, however, the Formula Price is less than 95% of the Fund's NAV per Share at the close of trading on the NYSE on the Expiration Date, the Subscription Price will be 95% of the Fund's NAV per Share at the close of trading on the NYSE on the Expiration Date. Rights are transferable and are expected to be admitted for trading on the NYSE under the symbol "BUI RT" during the course of the Offer and will cease trading April 1, 2026, one trading day before the Expiration Date. The ex-rights date was March 9, 2026, whi...
Smile/DigitalVision via Getty Images U.S. large-cap consumer staples stocks have posted positive year-to-date performance in 2026, buoyed by resilient spending in select areas despite economic headwinds. Below is a list of the 10 worst performing large-cap consumer staples stocks with market capitalizations of $10 billion or more. The list is arranged by their year-to-date performance. The Estée L...
Smile/DigitalVision via Getty Images U.S. large-cap consumer staples stocks have posted positive year-to-date performance in 2026, buoyed by resilient spending in select areas despite economic headwinds. Below is a list of the 10 worst performing large-cap consumer staples stocks with market capitalizations of $10 billion or more. The list is arranged by their year-to-date performance. The Estée Lauder Companies ( EL ) leads the list of underperformers with a YTD decline of 33.39%. McCormick & Company, Incorporated ( MKC ) and General Mills, Inc. ( GIS ) follow, rounding out the three worst performers in the sector. Other notable companies on the list include Dollar Tree, Inc. ( DLTR ) and The Kraft Heinz Company ( KHC ), both of which have seen double-digit declines year-to-date. Dollar General Corporation ( DG ), Keurig Dr Pepper Inc. ( KDP ), Monster Beverage Corporation ( MNST ), Performance Food Group Company ( PFGC ), and Hormel Foods Corporation ( HRL ) also appear among the worst performers for the year. Here is the list: The Estée Lauder Companies Inc. ( EL ), YTD perf: -33.39%, Quant rating: 3.06 McCormick & Company ( MKC ), YTD perf: -24.27%, Quant rating: 1.64 General Mills ( GIS ), YTD perf: -22.54%, Quant rating: 2.68 Dollar Tree ( DLTR ), YTD perf: -13.84%, Quant rating: 3.83 The Kraft Heinz Company ( KHC ), YTD perf: -11.09%, Quant rating: 3.03 Dollar General Corporation ( DG ), YTD perf: -10.20%, Quant rating: 3.32 Keurig Dr Pepper Inc. ( KDP ), YTD perf: -6.21%, Quant rating: 4.51 Monster Beverage Corporation ( MNST ), YTD perf: -6.12%, Quant rating: 3.25 Performance Food Group Company ( PFGC ), YTD perf: -5.37%, Quant rating: 2.82 Hormel Foods Corporation ( HRL ), YTD perf: -3.59%, Quant rating: 3.07 Consumer Staples ETFs: ( XLP ), ( VDC ), ( IYK ), ( FSTA ), ( KXI ), and ( RSPS ) More on consumer staples stocks KXI: Consumer Staples Dashboard For March Gen Z Is Threatening The Alcohol Industry Consumer Staples Positioned For A Better-Than-Expecte...
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks . House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with "additional concerns" about roughly 1.4 million IRS notices sent to filers about refund delays related to paper payment requests. At the time o...
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks . House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with "additional concerns" about roughly 1.4 million IRS notices sent to filers about refund delays related to paper payment requests. At the time of the lawmakers' initial letter, dated March 9, they said more than 830,000 taxpayers had received such notices. The IRS notice, known as CP53E , asks taxpayers for updated banking information to receive refund payments via direct deposit. Recipients have 30 days to provide these details via an IRS online account , or the agency will issue a paper refund after six weeks. "This matter is time sensitive and urgent as individuals and families facing delays need their tax refunds to offset the high cost of gas, food and basic necessities," the lawmakers wrote. The refund payment change stems from an executive order signed by President Donald Trump in March 2025, which requires government agencies to shift from paper to electronic payments. The IRS in September announced the transition to paper payments to protect taxpayers, speed up refunds and reduce costs. The Treasury did not respond to CNBC's request for comment about the letter from House Ways and Means Committee Democrats. Read more CNBC personal finance coverage 1.4 million filers face tax refund delays amid IRS paper check phaseout Family caregivers now provide $1 trillion worth of care annually, AARP finds Higher gas prices from Iran war could offset Trump's bigger tax refunds Single women see homeownership as 'a wealth-building tool,' economist says Amid March Madness, NY Fed highlights sports betting toll on credit health Social Security benefits can top $100,000 a year for some couples Iran war may further 'chill' an already frozen job market, economist says More than 7 million student loan borrowers are in a defunc...
Team make gesture before loss to Nigeria in Turkey Attack on Iranian school killed more than 175 people Iran’s players wore black armbands and held schoolbags as their anthem played before a friendly in Turkey on Friday in what a team official said was a protest over the killing of schoolgirls on the first day of the US-Israel war on Iran. Iran were facing Nigeria in the resort town of Belek befor...
Team make gesture before loss to Nigeria in Turkey Attack on Iranian school killed more than 175 people Iran’s players wore black armbands and held schoolbags as their anthem played before a friendly in Turkey on Friday in what a team official said was a protest over the killing of schoolgirls on the first day of the US-Israel war on Iran. Iran were facing Nigeria in the resort town of Belek before the World Cup in the United States, Mexico and Canada, where their participation is in doubt over the conflict. Continue reading...
Microsoft (NASDAQ:MSFT) investors have endured a punishing start to 2026. The stock is down roughly 25% in the first quarter, on track for its steepest quarterly decline since the fourth quarter of 2008 — nearly two decades ago — when shares plunged 27% amid the global financial crisis. Among the so-called Magnificent Seven tech giants, ... Microsoft May Have Its Worst Showing in 20 Years. Is It T...
Microsoft (NASDAQ:MSFT) investors have endured a punishing start to 2026. The stock is down roughly 25% in the first quarter, on track for its steepest quarterly decline since the fourth quarter of 2008 — nearly two decades ago — when shares plunged 27% amid the global financial crisis. Among the so-called Magnificent Seven tech giants, ... Microsoft May Have Its Worst Showing in 20 Years. Is It Too Cheap to Ignore?