TAG SEARCH RESULTS FOR: ""

David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion, AP source says

BALTIMORE (AP) — Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal.

The person spoke to The Associated Press on condition of anonymity Tuesday night because the agreement had not been announced. Rubenstein, a Baltimore native, would take over as the team’s controlling owner, and he’s assembled an investment team that includes Ares co-founder Michael Arougheti.

The Angelos family has been in control of the Orioles since 1993, when Peter Angelos purchased the team for $173 million. Angelos’ son John is the team’s current chairman. The team recently reached a deal on a new lease extension at Camden Yards. Maryland officials approved that long-term agreement after months of negotiations.

The deal extended the lease for 30 years, with an option to end it after 15 if the team does not receive approval from state officials for development plans next to the ballpark.

Prior to forming Carlyle in 1987, Rubenstein practiced law in Washington. From 1977-81, he was a deputy assistant for domestic policy to President Jimmy Carter. After graduating from Duke in 1970, he attended University of Chicago Law School.

The sale agreement, which requires approval from major league owners, was first reported by Puck.

The Orioles are coming off a 101-win season and their first AL East title since 2014. With young stars like Adley Rutschman and Gunnar Henderson — and another top prospect on the way in Jackson Holliday — the future looks as bright as it has in a while for a team that hasn’t won a World Series since 1983.

One sore spot with fans is the club’s payroll, which has remained low, and it’s been another quiet offseason for the team so far. If the new ownership group is able to keep Baltimore’s young core together, the Orioles could have a lengthy window of contention.

When Peter Angelos first took control of the Orioles, they had recently started playing at Camden Yards, the downtown venue that revolutionized the way baseball parks were built. The Orioles spent aggressively, at least for a little while, and won the division in 1997 with future Hall of Famers Cal Ripken, Roberto Alomar, Mike Mussina and Harold Baines.

After that, Baltimore didn’t make the postseason again until 2012, when the Orioles began a renaissance under manager Buck Showalter. They eventually had to rebuild again, losing at least 108 games in 2018, 2019 and 2021 — a streak interrupted only by the pandemic-shortened 2020 season.

Even as the team posted the best record in the American League last year, there were ominous signs, such as a New York Times piece in which Angelos was quoted as saying: “When people talk about giving this player $200 million, that player $150 million, we would be so financially underwater that you’d have to raise the prices massively.”

A sale must be approved in a vote of at least 75% by the 30 major league teams. The sales approval process typically lasts several months.

Summit Carbon announces partnership with ethanol producer

By Dar Danielson (Radio Iowa)

Summit Carbon Solutions is partnering with a company that operates 17 ethanol plants in Iowa and South Dakota.

Summit says it is partnering with POET and its 12 facilities in Iowa and five in South Dakota to capture, transport, and store 4.7 million metric tons of carbon dioxide annually. A statement from Summit says this partnership with the largest bioethanol producer in the world will lead to new market opportunities for producers.

The announcement comes as Summit awaits a decision by the Iowa Utilities Board on a permit for a proposed 688-mile carbon pipeline that runs through Iowa. A statement from the Sierra Club says the IUB needs to halt its deliberations and assess the implications of this new partnership between Summit and POET.

Farmers, Ranchers Now Can Make USDA Farm Loan Payments Online

WASHINGTON, Jan. 29, 2024 – The U.S. Department of Agriculture (USDA) announced today that most farm loan borrowers will be able to make payments to their direct loans online through the Pay My Loan feature on farmers.gov in early February. Pay My Loan is part of a broader effort by USDA’s Farm Service Agency (FSA) to streamline its processes, especially for producers who may have limited time during the planting or harvest seasons to visit a local FSA office; modernize and improve customer service; provide additional customer self-service tools; and expand credit access to assist more producers.  

“Farmers and ranchers have responded to some difficult challenges over the last few years and their time is a precious commodity,” said Agriculture Deputy Secretary Xochitl Torres Small. “Having the option to conduct business online is essential, and the Pay My Loan feature allows customers to take care of business seamlessly. The online payment feature is just one of many ways the Farm Service Agency is modernizing its Farm Loan Programs and enhancing the customer experience for this incredibly hardworking group.”  

On average, local USDA Service Centers process more than 225,000 farm loan payments each year. Pay My Loan gives most borrowers an online repayment option and relieves them from needing to call, mail, or visit a Service Center to pay their loan installment. Farm loan payments can now be made at the borrower’s convenience, on their schedule and outside of FSA office hours.  

Pay My Loan also provides time savings for FSA’s farm loan employees by minimizing manual payment processing activities. This new service for producers means that farm loan employees will have more time to focus on reviewing and processing new loans or servicing requests. 

The Pay My Loan feature can be accessed at farmers.gov/loans. To use the payment feature, producers must establish a USDA customer account and a USDA Level 2 eAuthentication (“eAuth”) account or a Login.gov account. This initial release only allows individuals with loans to make online payments. For now, borrowers with jointly payable checks will need to continue to make loan payments through their local office. 

FSA has a significant initiative underway to streamline and automate the Farm Loan Program customer-facing business process. For the over 26,000 producers who submit a direct loan application annually, FSA has made various improvements including:  

  • The Online Loan Application, an interactive, guided application that is paperless and provides helpful features including an electronic signature option, the ability to attach supporting documents such as tax returns, complete a balance sheet, and build a farm operating plan. 
  • The Loan Assistance Tool that provides customers with an interactive online, step-by-step guide to identifying the direct loan products that may be a fit for their business needs and to understanding the application process.  
  • simplified direct loan paper application, which reduced loan applications by more than half, from 29 pages to 13 pages.

“Best of Red Rock 2023” Announced

KNOXVILLE — Marion County Development unveiled their “Best of Red Rock 2023” honorees yesterday.

Ten different top 10 lists were announced, along with separate categories including “The Great 10 Foodie Favorites,” “4 Ways to Experience,” “3 Great Places to Stay,” and “5 Ways to Pamper Yourself.”

Here is the list of winners:

#1 Dining – Liberty Street Kitchen, Pella

#1 To See and Do – Cordova Observation Tower, Otley

#1 Wedding & Meeting Spot – Sun Valley Barn, Pella

#1 Must-See Photo Spot – Lake Red Rock at Sunset

#1 Souvenir – Dutch Letters

#1 Event – Pella Tulip Time

#1 Bar – Atlantic & Pacific Pub, Knoxville

#1 Recreation – Volksweg Trail, Pella

#1 Free Thing to Do – Big Rock Park, Pella

Complete Top 10 Lists are available here.

Toyota urges owners of old Corolla, Matrix and RAV4 models to park them until air bags are replaced

DETROIT (AP) — Toyota and General Motors are telling the owners of about 61,000 older Corolla, Matrix, RAV4 and Pontiac Vibe models to stop driving them because their Takata air bag inflators are at risk of exploding and hurling shrapnel.

The urgent warning Monday covers certain Corolla compact cars and Matrix hatchbacks from the 2003 and 2004 model years, as well as the RAV4 small SUV from 2004 and 2005. Also covered are about 11,000 Pontiac Vibes from 2003 and 2004, which are essentially the same as the Matrix and were made at the same California factory. Most of the vehicles are in the U.S.

“If the air bag deploys, a part inside is more likely to explode and shoot sharp metal fragments, which could cause serious injury or death to the driver or passengers,” Toyota said in a statement.

The recalled RAV4s have Takata driver’s air bags while the Corolla and Matrix models have them on the passenger side. The Corolla and Matrix also are under a separate recall because their air bags can be deployed without a crash, the company said.

Both companies said owners should contact a local dealer instead of driving the cars in for repairs. Dealers will provide options such as mobile repair, towing the car to a dealer, or vehicle pickup and delivery.

Owners can go to nhtsa.gov/recalls and enter their 17-digit vehicle identification number to see if their cars are affected.

Takata used volatile ammonium nitrate to create a small explosion to inflate air bags in a crash. But the chemical propellant can deteriorate over time when exposed to high temperatures and humidity. It can explode with too much force, blowing apart a metal canister and spewing shrapnel.

At least 26 people have been killed in the U.S. by Takata inflators since May 2009, and at least 30 have died worldwide including people in Malaysia and Australia. In addition, about 400 people have been injured. The exploding air bags sent Takata of Japan into bankruptcy.

The potential for a dangerous malfunction led to the largest series of auto recalls in U.S. history. About 100 million inflators were recalled worldwide.

The 2024 edition of RAGBRAI will be the hilliest in history

By Matt Kelley (Radio Iowa)

This summer’s 51st running of the statewide bicycle ride will take a southern route.

Organizers say it’ll be the hilliest RAGBRAI ever, with more than 18,000 feet of climb, including daily climbs for cyclists of at least 3,000 feet.

Perhaps to compensate, the ride will also be 434 miles, making it the eighth shortest route.

Running July 21st through the 27th, RAGBRAI will start in Glenwood this year and end in Burlington, with overnight stops in Red Oak, Atlantic, Winterset, Knoxville, Ottumwa and Mount Pleasant.

Last year, ride organizers footed the bill for each overnight town’s musical performances, but this year, RAGBRAI will instead be giving each town $50,000 to spend, including to book their own entertainment.

Around-the-Clock Fitness: Mahaska County YMCA Unveils 24-Hour Fitness Access

OSKALOOSA — The Mahaska County YMCA is thrilled to announce an exciting expansion in service that reflects our commitment to fostering a healthier and more accessible community. Starting February 1, the YMCA will introduce 24-hour access to its facilities, allowing members to embrace flexible fitness routines tailored to their busy lives.

This progressive initiative aims to accommodate diverse schedules, providing opportunities for early birds, night owls, and everyone to engage in wellness activities at their convenience. The extended hours offer access to state-of-the-art cardio equipment, selectorized machines, and cable-cross machines, ensuring that the YMCA remains a cornerstone of health and well-being in our community.

“We are excited to enhance the accessibility of our facilities, enabling our members to pursue their fitness goals at any hour that suits their lifestyle,” says Barry Martin, CEO at the Mahaska County YMCA. “This 24-hour access initiative reflects our dedication to promoting a healthier and more inclusive community for all.”

Members can expect a seamless transition to the extended hours, with the same commitment to safety, cleanliness, and excellent service that the new Mahaska County YMCA is known for. The round-the-clock access aligns with the YMCA’s mission to empower individuals and families to lead active, healthy lives.

For more information about the 24-hour access and other programs, please visit mahaskaymca.org  or contact Katy Greene, Membership & Marketing Director, at 641.673.8411.

Mahaska Health Welcomes Dr. Van de Voort to the Pediatric Team

OSKALOOSA — Mahaska Health, Oskaloosa’s leading healthcare organization, is thrilled to announce the arrival of Board-Certified Pediatric provider Dr. Holly Van de Voort to its esteemed team of healthcare providers.

With a passion for education in pediatric care, Dr. Van de Voort brings her expertise as a medical school professor to help Mahaska Health patients and their families make informed healthcare choices. She is committed to ensuring the health and development of every child in her care – from infancy to adolescence. 

Dr. Van de Voort completed her medical degree from the Medical College of Georgia, went on to complete her residency training in pediatrics at the Medical College of Georgia ‘Children’s Medical Center,’ and continued with Fellowship training at the American Academy of Pediatrics. She has been actively practicing pediatrics for 20 years, earning the reputation of a truly compassionate physician.

“We are thrilled to welcome Dr. Van de Voort to our medical team, where compassionate care meets excellence in Pediatric care,” shared Chief Medical Officer, Dr. Breon. “Dr. Van de Voort brings a fresh perspective and a wealth of knowledge to our practice. As we continue expanding our services, we look forward to the positive impact she will have on families in our community.” 

Parents and caregivers seeking expert pediatric care for their children can now schedule appointments with Dr. Van de Voort at Mahaska Health. For more information or to schedule an appointment, please call 641.672.3360 or visit mahaskahealth.com/pediatrics.

Biden says US ‘shall respond’ after drone strike by Iran-backed group kills 3 US troops in Jordan

COLUMBIA, S.C. (AP) — President Joe Biden said Sunday that the U.S. “shall respond” after three American troops were killed and dozens more were injured in an overnight drone strike in northeast Jordan near the Syrian border. Biden blamed Iran-backed militias for the first U.S. fatalities after months of strikes by such groups against American forces across the Middle East since the start of the Israel-Hamas war.

Biden, who was traveling in South Carolina, asked for a moment of silence during an appearance at a Baptist church’s banquet hall.

“We had a tough day last night in the Middle East. We lost three brave souls in an attack on one of our bases,” he said. After the moment of silence, Biden added, “and we shall respond.”

With an increasing risk of military escalation in the region, U.S. officials were working to conclusively identify the precise group responsible for the attack, but they have assessed that one of several Iranian-backed groups was behind it.

Biden said in a written statement that the United States “will hold all those responsible to account at a time and in a manner (of) our choosing.” Defense Secretary Lloyd Austin said “we will take all necessary actions to defend the United States, our troops, and our interests.”

Iran-backed fighters in east Syria began evacuating their posts, fearing U.S. airstrikes, according to Omar Abu Layla, a Europe-based activist who heads the Deir Ezzor 24 media outlet. He told The Associated Press that the areas are the strongholds of Mayadeen and Boukamal.

U.S. Central Command said at least 34 troops were injured by the one-way attack drone, with eight flown out of Jordan for follow-up care. It described the eight as being in stable condition.

The large drone struck a logistics support base in Jordan known as Tower 22. It is along the Syrian border and is used largely by troops involved in the advise-and-assist mission for Jordanian forces.

Central Command said approximately 350 U.S. Army and Air Force personnel were deployed to the base. The three who were killed and most of the wounded were Army soldiers, according to several U.S. officials, who spoke on condition of anonymity to give details not yet made public.

The small installation, which Jordan does not publicly disclose, includes U.S. engineering, aviation, logistics and security troops. Austin said the troops were deployed there “to work for the lasting defeat of ISIS.” Three officials said the drone struck near the troops’ sleeping quarters, which they said explained the high casualty count.

The U.S. military base at al-Tanf in Syria is just 20 kilometers (12 miles) north of Tower 22. The Jordanian installation provides a critical logistical hub for U.S. forces in Syria, including those at al-Tanf, which is near where the borders of Iraq, Syria and Jordan intersect.

In a statement on Jordan’s state-run Petra news agency, the country “condemned the terrorist attack” that targeted the U.S. troops. That report described the drone strike as targeting “an outpost on the border with Syria” and said it did not wound any Jordanian troops.

“Jordan will continue to counter terrorism and the smuggling of drugs and weapons across the Syrian border into Jordan, and will confront with firmness and determination anyone who attempts to attack the security of the kingdom,” the statement attributed to Muhannad Mubaidin, a government spokesman, said.

U.S. troops long have used Jordan, a kingdom bordering Iraq, Israel, the Palestinian territory of the West Bank, Saudi Arabia and Syria, as a basing point. Some 3,000 American troops typically are stationed across Jordan.

Since the war in Gaza began Oct. 7, Iranian-backed militias have struck American military installations in Iraq more than 60 times and in Syria more than 90 times, with a mix of drones, rockets, mortars and ballistic missiles. The attack Sunday was the first targeting American troops in Jordan during the Israel-Hamas war and the first to result in the loss of American lives. Scores of U.S. personnel have been wounded, including some with traumatic brain injuries, during the attacks.

The militias have said that their strikes are in retaliation for Washington’s support for Israel in the war in Gaza and that they aim to push U.S. forces out of the region.

On Monday, Iran’s foreign ministry dismissed the U.S. accusation that Tehran was behind the drone strike,” according to the official IRNA news agency. It quoted ministry spokesman Nasser Kanaani as saying that the “Islamic Republic of Iran has no role in decisions by resistance groups on how they support the Palestinian nation or defend their people.”

Iran, Kanaani said, is closely watching developments in the region and stressed that the “responsibility for the consequences of provocative accusations against Iran will be on those who raise the baseless allegations.”

The U.S. in recent months has struck targets in Iraq, Syria and Yemen to respond to attacks on American forces in the region and to deter Iran-backed Houthi rebels from continuing to threaten commercial shipping in the Red Sea.

“I am confident the Biden Administration will respond in a deliberate and proportional manner,” said Sen. Jack Reed, D-R.I., who heads the Senate Armed Services Committee.

Republicans in Congress said the administration’s approach had failed to deter America’s adversaries in the region.

“We need a major reset of our Middle East policy to protect our national security interests,” said Republican Rep. Michael McCaul of Texas, chairman of the House Foreign Affairs Committee. Sen. Lindsay Graham, R-S.C., went further, urging the administration “to strike targets of significance inside Iran, not only as reprisal for the killing of our forces, but as deterrence against future aggression. The only thing the Iranian regime understands is force.”

Biden, who was in Columbia, South Carolina, on Sunday, was briefed in the morning by Austin, national security adviser Jake Sullivan, and principal deputy national security adviser Jon Finer, White House press secretary Karine Jean-Pierre said. In the afternoon, he met virtually with Vice President Kamala Harris and his national security team for an update.

The president, in the written statement, called it a “despicable and wholly unjust attack” and said the service members were “risking their own safety for the safety of their fellow Americans, and our allies and partners with whom we stand in the fight against terrorism. It is a fight we will not cease.”

Syria is still in the midst of a civil war and long has been a launch pad for Iranian-backed forces there, including the Lebanese militia Hezbollah. Iraq has multiple Iranian-backed Shiite militias operating there as well.

Jordan, a staunch Western ally and a crucial power in Jerusalem for its oversight of holy sites there, is suspected of launching airstrikes in Syria to disrupt drug smugglers, including one that killed nine people earlier this month.

An umbrella group for Iran-backed factions known as the Islamic Resistance in Iraq earlier claimed launching explosive drone attacks targeting three areas in Syria, as well as one inside of “occupied Palestine.” The group has claimed responsibility for dozens of attacks against bases housing U.S. troops in Iraq and Syria since the Israel-Hamas war began.

Three officials with Iran-backed militias in Iraq, who spoke on condition of anonymity because they were not authorized to discuss the matter with journalists, said the drone attack against the base in Jordan was launched by one of the Iraqi groups. No faction has yet officially claimed responsibility.

Officials said the U.S. military is not tracking any other attacks on its forces Sunday in the region.

State crews are working to patch those pesky potholes

By Matt Kelley (Radio Iowa)

Iowa roads that were knee-deep in snow and ice just a matter of days ago are quickly becoming moonscapes, as fender-rattling potholes are suddenly making our streets and highways a challenging obstacle course.

Bob Ellis, the Iowa Department of Transportation’s District 1 maintenance manager, says DOT crews are fanned out across the state, filling in those car-jarring craters as fast as they find them.

“Right now, we’re putting in what we call a cold mix. It’s a blend of rock chips, oil and some sand that we put in it temporarily to fill the hole,” Ellis says, “and then in the spring, we’ll come back and do more of a permanent fix, whether it be oil and rock chips to fill it in, or a permanent more full-depth or partial-depth patch.” Those springtime fixes are done with what’s known as a HMA or hot mix asphalt — and with concrete.

Ellis was asked to characterize the current condition of Iowa’s roads. “I would say they’re decent, as in normal Iowa roads,” Ellis says. “Now that we’ve got warm this week, so it’s pothole season again. Maybe in a week or two, we might be back in winter season again, I’m not sure, but they’re in decent shape, they’re not terrible.”

Some DOT officials can spout a litany of figures during the wintertime as to the hundreds of tons of salt and thousands of gallons of brine being spread on our roads, so a natural question to Ellis is, how many potholes do they fill in a week, a month or a year?

“I don’t even have that number. It’s a lot,” Ellis says. “Because we’re trying to get them fixed so quickly, I don’t track that right now.”

Hitting a large pothole at high speed may jar something loose in your molars as well as in your car’s suspension. If you can’t avoid one of the concrete chasms, Ellis was asked if there’s a proper procedure for going through a pothole.

“While there is no good way, I mean obviously, we don’t want them to swerve into another lane, so grip the steering wheel tight and get through it, and hopefully it doesn’t cause any damage,” Ellis says, “and if it does, we have a Claims Department they can contact.”

You can also report potholes on the interstates, Iowa numbered routes, and U.S. highways to the Iowa DOT’s maintenance manager located nearest the problem roadway. Find a list of contacts HERE.

NEWSLETTER

Stay updated, sign up for our newsletter.