Legislature approves $4 million to help move the USS Batfish
Efforts to move the USS Batfish to Three Forks Harbor got a $4 million boost from the Oklahoma Legislature.
The state Legislature approved the allocation and sent it to Gov. Kevin Stitt last week. The bill became law Thursday without the governor's signature, according to the Oklahoma State Legislature website.
"I'm really excited," said James Gulley, chairman of the Muskogee War Memorial Authority. "Sen. Frix, Rep. Hays, Rep. Sneed and Rep. Turner worked very hard and very diligently to ask for support from all the state legislators and say how important it is for the Batfish legacy to continue on. I'm real excited the state saw value in the Batfish and now we can start asking our federal legislators to help us."
The USS Batfish set a Navy record by sinking three enemy submarines in three days during World War II. It was moved to Muskogee in the 1970s and became a tourism landmark.
The submarine was uprooted from its moorings during the 2019 Arkansas River flood and must be moved to a new location.
Gulley said it will cost $10 million to move the Batfish downriver to its new location.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
1 Megacap Tech Stock That Could Split Its Shares Next
Netflix shares trade significantly higher than the levels they did before the company's last stock split in 2015. The company's business is firing on all cylinders, making this a good time to split shares. Netflix expects double-digit revenue growth and significant operating margin expansion this year. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) stock has recently blown past $1,200 per share, making it hard to believe that shares traded at levels below $200 as recently as May of 2022. And the stock's momentum is strong this year, too. Shares are up about 40% this year alone, defying the market's sluggish return of less than 2% as of this writing. With a combination of a strong business, impressive stock price momentum, and a share price in the thousands, a stock split could be in the cards for the streaming giant soon. Netflix's performance has been stellar. In the first quarter of 2025, revenue rose 12.5% year over year to about $10.5 billion, and earnings per share soared 25.2%. Helping the company achieve such strong earnings-per-share growth is Netflix's widening operating margin. The key profitability metric hit 31.7% in the quarter, up from 28.1% in the year-ago period. The company also reported free cash flow of $2.7 billion, up 25% year over year. Netflix's business growth has been fueled primarily by three key tailwinds: membership growth, price increases, and a fast-growing advertising business. Importantly, the company believes all three of these catalysts have room to run. In its first-quarter update, management reaffirmed its guidance for full-year revenue to increase 11.5% to 14.1% year over year. This growth, management explained, "assumes healthy member growth, higher subscription pricing and a rough doubling of our ad revenue ... " Additionally, management continues to forecast a full-year operating margin of 29%, up substantially from 26.7% in 2024. Netflix hasn't split its shares since 2015. Back then, a 7-for-1 split lowered the stock price from about $700 to $100. Today, the share price is nearly double its pre-split peak. That alone doesn't guarantee a stock split. But historically, splits are more likely when a stock becomes expensive (in terms of the share price) relative to other megacaps and the company is on solid footing. Netflix checks both boxes. There's a sense of déjà vu with Netflix today. Just as has been the case recently for the company, it was experiencing strong subscriber growth, record earnings, and benefiting from strategic catalysts the last time it split its stock. Also strengthening the case for a stock split, Netflix shares currently trade far higher than other tech leaders like Microsoft, Meta Platforms, Apple, and Nvidia. Of course, a stock split would not affect the company's fundamentals, but it would lower the price per share and make Netflix more accessible to retail investors. But it's worth emphasizing that a stock split, in and of itself, isn't a reason to buy a stock. It is, however, often a symptom of strong underlying business momentum -- momentum strong enough to cause investors to bid up the share price to a level worthy of a stock split. It's also worth noting that even though Netflix's business is doing extraordinarily well, investors seem to already be pricing in this momentum. Shares trade at 59 times earnings. All else equal, this valuation multiple will likely come down meaningfully if the company delivers on its revenue growth and operating margin expansion targets for the full year. A combination of double-digit revenue growth and margin expansion should help earnings per share grow dramatically. But with a price-to-earnings multiple well in excess of even fast-growing tech giant Nvidia's, investors seem to be already betting on more staggering growth from the streaming giant. With a surging stock price, impressive revenue growth, and a nascent and fast-growing advertising business, Netflix is a top contender for the next big tech stock split. Though the company hasn't announced plans to split its shares, it's starting to look overdue. Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Daniel Sparks and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Meta Platforms, Microsoft, Netflix, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 1 Megacap Tech Stock That Could Split Its Shares Next was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
33 minutes ago
- Yahoo
A look back: Mayor Patrick Cannon's path from scandal to second chances
Stories by Charlotte Observer journalists, with AI summarization Patrick Cannon's journey from disgrace to redemption stands out in Charlotte's political history. After his 2014 conviction for taking bribes from undercover FBI agents and serving time in federal prison, Cannon acknowledged his wrongdoing on his radio show, "At the Table with Cannon." He used this platform to publicly apologize and reconnect with the community. Cannon's return to public life included advising aspiring politicians at forums and voicing support for colleagues' campaigns. Ultimately, he filed to run for City Council, telling voters he takes responsibility for his actions and wants a second chance to serve Charlotte. His campaign raises questions about trust, forgiveness, and the challenges of earning redemption in public service. On Wednesday, Patrick Cannon is scheduled to become a free man. | Published January 24, 2017 | Read Full Story Former Charlotte Mayor Patrick Cannon has a new talk-show job. | Published April 12, 2017 | Read Full Story Former Charlotte mayor Patrick Cannon apologized profusely on his new radio show for taking the bribes that sent him to federal 50, was arrested in March 2014, four months into his term, and later pleaded guilty to taking about $50,000 in bribes from federal undercover officers. | Published April 17, 2017 | Read Full Story Former Charlotte Mayor Patrick Cannon, in his first public appearance since being released from federal prison on corruption charges, said Saturday he is focused on being the 'best father, husband and son he can be' – but didn't rule out running for office again.'Anything else is God's will,' Cannon a Democrat, was part of a forum held by the Black Political Caucus for people considering running for public office. | Published May 13, 2017 | Read Full Story Needing a voice over for a campaign radio ad, at-large City Council member Claire Fallon turned to an old colleague: | Published September 14, 2017 | Read Full Story by Steve Harrison When he was convicted, a judge foretold Patrick Cannon's name ought to 'fade into our distant memories' — but this election season may change that. | Published March 4, 2022 | Read Full Story by Will Wright The former mayor is returning to Charlotte politics with a bid for City Council. | Published March 4, 2022 | Read Full Story by Anna Douglas The disgraced former mayor is hoping to make a political comeback. | Editorial | Published March 14, 2022 | Read Full Story by the Editorial Board Patrick Cannon's comments came during a forum with other candidates running for City Council. | Published April 2, 2022 | Read Full Story by Will Wright Find out who's on the ballot and what they stand for. This Q&A is one in a series for The Charlotte Observer's voter guide to 2022 local, county and state elections. | Published April 22, 2022 | Read Full Story The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.
Yahoo
33 minutes ago
- Yahoo
TSA Says Costco Cards ‘Absolutely' Don't Count as REAL IDs While Confessing ‘Love' for Costco Hotdogs: ‘Please Stop'
The TSA warned travelers that Costco cards do not count as REAL IDs in a lighthearted Facebook post on June 4 The government agency shared the message to dispel rumors that travelers can use their Costco cards at airports REAL IDS became mandatory to fly domestically and enter federal buildings in most states on May 7The Transportation Security Administration has warned travelers that a Costco card is not a valid form of travel ID to fly. The TSA shared a message on Facebook on Wednesday, June 4, to dispel rumors that travelers can use their Costco cards at airports. 'We love hotdogs and rotisserie chickens as much as the next person but please stop telling people their Costco card counts as a REAL ID because it absolutely does not,' the government agency wrote. The post prompted a chorus of amusing responses from commenters. 'So, you're saying we should bring you a chicken?' one person replied, while another Facebook user commented, 'I'm pretty sure that the Costco card is stronger than some passports.' The need for REAL IDs rolled out nationwide on May 7, and the majority of states now require them for domestic airline travel and access to federal buildings — although Michigan, Minnesota, New York, Vermont and Washington accept Enhanced Driver's Licenses (EDL) as an alternative. The REAL ID is a form of identification that meets higher security standards set by the federal government. Congress passed the REAL ID Act in 2005 in response to the Sept. 11 terrorist attacks, and it finally became a reality after a number of delays and pushbacks. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. REAL IDs can be obtained through the DMV, though they do require you to provide more detailed documentation as compared to previous licenses and IDs. Because of this, it's wise to check your local DMV's website to ensure you have all the required paperwork before applying for one. Generally speaking, applicants will need to bring: One proof of identity (like a U.S. birth certificate or passport), one proof of Social Security number (like a Social Security card or W-2), two proofs of state residency (like a utility bill or rental agreement) and proof of name change if applicable. Applicants will need to bring originals or certified copies of all documentation — photocopies will not be accepted. And if you don't have a REAL ID yet but still need to fly domestically? You will be notified of your non-compliance, and may be directed to a separate area of the airport to receive additional screening. The same goes for federal buildings that require identification. For more information, visit the Department of Homeland Security website. Read the original article on People
