logo
Amid Fear of Retaliation, N.S.F. Workers Sign Letter of Dissent

Amid Fear of Retaliation, N.S.F. Workers Sign Letter of Dissent

New York Times6 days ago
More than 140 employees of the National Science Foundation have signed a letter denouncing what they described as efforts to undermine one of the country's main science funding agencies. They accused the Trump administration of abruptly firing workers, withholding funds and decimating the agency's budget. Out of fear of retaliation, all but one of the employees' signatures are redacted.
The letter, addressed on Monday to Representative Zoe Lofgren, the senior Democrat on the House Committee on Science, Space, and Technology, petitioned it to defend the mission of the N.S.F. and its employees.
The N.S.F. declined to comment on the letter.
The formal protest by N.S.F. employees followed similar ones made last month by workers from the National Institutes of Health and the Environmental Protection Agency, who criticized orders that they saw as unlawful and accused the administration of endangering public health. The E.P.A. suspended 144 of the signatories a few days after the letter was sent, a step that has been described by some as retaliation.
In a news conference on Tuesday, Representative Lofgren said the letter was submitted to her office as a whistle-blower complaint. In a statement thanking the signers, she added: 'I promise to do all I can to protect you, protect your agency, and protect our scientific enterprise.'
Hundreds of NASA employees issued their own letter of formal dissent on Monday. Addressing the secretary of transportation, Sean Duffy, the letter warned the agency's leadership that major budget cuts would harm science missions. President Trump appointed Mr. Duffy as interim NASA administrator this month.
All the N.S.F. employees in the letter that was released publicly signed anonymously, except for Dr. Jesus Soriano, president of the American Federation of Government Employees Local 3403, the union representing the N.S.F. Nearly 50 of the signatories included their names in the private letter.
Want all of The Times? Subscribe.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Unlocking Oncology's Future: 3 Trending Cancer Biotech Stocks with ‘Strong Buy' Ratings
Unlocking Oncology's Future: 3 Trending Cancer Biotech Stocks with ‘Strong Buy' Ratings

Yahoo

time5 minutes ago

  • Yahoo

Unlocking Oncology's Future: 3 Trending Cancer Biotech Stocks with ‘Strong Buy' Ratings

Cancer remains one of the most relentless challenges in modern medicine. In 2025, over 2 million new cancer cases are expected to be diagnosed in the United States. More than 618,000 people will die from the disease, which is equivalent to about 1,700 deaths each day. The scale of this health crisis is driving substantial investments and innovation in cancer research and treatment. As a result, the global oncology market is projected to reach $208.9 billion in revenue by 2025, with forecasts suggesting it could surpass $900 billion by 2034. This growth is fueled by increased cancer incidence, advances in precision and immunotherapy drugs, and billions of dollars in new partnerships and funding, such as Bristol-Myers Squibb's (BMY) recent $11 billion stake in next-generation cancer therapies. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. High-potential cancer specialists like Elicio Therapeutics (ELTX), Cellectis (CLLS), and Autolus Therapeutics (AUTL) are earning coveted 'Strong Buy' analyst ratings. Despite this recognition, each remains well below large-cap valuations, which leaves ample room for sharp upside if upcoming clinical and regulatory catalysts play out in their favor. Could one of these under-the-radar biotech firms deliver the next big breakthrough in cancer treatment — and major upside for investors? Let's dive into these three cancer biotech stocks now. Elicio Therapeutics Elicio Therapeutics (ELTX) is a clinical-stage biotech pioneering immunotherapies for solid tumors, with a market capitalization of $158 million. ELTX has posted a YTD gain of 92.7%, and is up 102.6% over the past 52 weeks. Its price-book ratio stands at an elevated 17.6x, well above the sector median of 2.47x. Elicio's lead asset, ELI-002 7P, is advancing through the pivotal Phase 2 AMPLIFY-7P trial targeting pancreatic ductal adenocarcinoma (PDAC), with a critical interim analysis focused on disease-free survival slated for Q3 2025. This interim analysis is a key milestone for the company, particularly for its potential impact on PDAC. Ahead of this readout, H.C. Wainwright analyst Robert Burns reiterated a 'Buy' rating on shares and maintained his $13 price target. Elicio reported Q1 2025 R&D expenses of $7.8 million, a slight increase from $7.6 million in Q1 2024, tied primarily to the ongoing Phase 2 AMPLIFY-7P trial. General and administrative expenses grew to $3 million, up from $2.7 million due to higher personnel costs. The Q1 2025 net loss narrowed to $11.2 million, compared to $11.8 million in the same quarter last year, with a net loss per share improving to $0.87 from $1.15. Notably, ELTX augmented its financial position in Q2 by securing a $10 million senior secured note, extending its operational runway into early 2026 and granting the company flexibility for near-term initiatives. Analyst sentiment skews highly bullish as the two surveyed analysts assign ELTX a 'Strong Buy' rating, with an average price target of $12.50. This places the upside potential at approximately 26% from current levels. Cellectis Cellectis (CLLS) is a clinical-stage biotech company specializing in gene-edited cell therapies with a market capitalization of approximately $140 million. The stock has gained 60% in the year to date, and shares are up 25.2% in the past 52 weeks. Cellectis has a price-sales ratio of 2.26x, below the sector median of 3.6x, and a price-book ratio of 0.96x, significantly under the sector median of 2.47x, suggesting potential undervaluation relative to its peers. CLLS reported solid results for Q1 2025, with consolidated revenues and other income rising to $12 million from $6.5 million a year prior. This increase mainly stems from $5.9 million recognized under the AstraZeneca Joint Research Collaboration Agreement (AZ JRCA). Its cash reserves stood at $246 million as of March 31, 2025, projected to sustain operations well into the second half of 2027, providing ample runway for ongoing development. Research and development expenses slightly decreased to $21.9 million compared to the previous year, reflecting efficient management despite continued investment in pipeline advancement and manufacturing capabilities in Paris and Raleigh. Strategically, Cellectis' partnership with AstraZeneca is a cornerstone of its growth story. AstraZeneca's $140 million investment enhances Cellectis' financial footing and grants AstraZeneca exclusive rights to 25 genetic targets, with options to develop up to 10 candidate products. So far this collaboration is advancing two CAR-T programs aimed at hematological malignancies and solid tumors. Analyst sentiment is unanimously bullish, with the five surveyed analysts assigning Cellectis a consensus 'Strong Buy' rating. The average price target of $5.60 implies compelling upside of approximately 91% from the current share price. Autolus Therapeutics Autolus Therapeutics (AUTL) develops advanced autologous CAR-T cell therapies for blood cancers, with a market capitalization of $670 million. The stock is up 8.7% year-to-date, but down 45% over the past 52 weeks. Its price-sales ratio of 69.4xx is markedly above the sector's 3.54x median, while its 1.89x price-book ratio remains below group averages of 2.47x. In Q1 2025, Autolus reported $9 million in net product revenue, driven largely by the commercial rollout of AUCATZYL (Obe-cel), its lead CAR-T therapy, across 39 fully activated U.S. centers. Patient access continues to grow, capturing coverage for roughly 90% of U.S. medical lives as payer uptake accelerates. Costs of sales totaled $18 million, including delivered but as-yet-unrecognized product tied to deferred revenue and royalty obligations, a natural part of early stage commercial launches. Research and development expenses dropped to $26.7 million from $30.7 million year-over-year, with much of that shift driven by the transition of manufacturing expenses to sales costs. Loss from operations widened to $65.2 million due to launch investments, and net loss reached $70.2 million or $0.26 per share. On the regulatory front, Autolus scored a critical win in July as AUCATZYL secured European approval for adults with relapsed or refractory B-cell precursor acute lymphoblastic leukemia. This unlocks a larger addressable market and enhances the company's global competitive position in engineered cell therapies. The analyst outlook remains unequivocally positive as the nine surveyed analysts rate AUTL a consensus 'Strong Buy,' with a mean target of $9.84, implying 285% upside potential from current levels. Conclusion With major catalysts ahead and strong analyst backing, the odds favor upward momentum as data readouts and commercial expansion play out. Given their positioning and partnerships, these three stocks could deliver outsized gains in the coming quarters, especially if results come in strong. On the date of publication, Ebube Jones did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

Constable Resigns Over 'Money Grab' Speed Camera Program That Issued 4000 Tickets in 2 Weeks
Constable Resigns Over 'Money Grab' Speed Camera Program That Issued 4000 Tickets in 2 Weeks

Yahoo

time5 minutes ago

  • Yahoo

Constable Resigns Over 'Money Grab' Speed Camera Program That Issued 4000 Tickets in 2 Weeks

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Citizens often complain that speed traps are little more than a cash grab from the government. Often, it's unclear just how true that is, but in West Baton Rouge Parish, Louisiana, we now have evidence of it. In fact, the man behind a speed enforcement plot admitted it was intended just to raise evidence for his organization in his own resignation letter. That man is now-former Ward 2 constable Ron Tetzel. In October of 2024, he began running a budget speed camera enforcement zone near a local school, according to WBRZ ABC 2 news. In this case, Tetzel had people with a radar gun-based camera system hide out and photograph alleged speeders as they drove by the school. In just two weeks, he issued over 4000 citations to drivers, each one valued at $150. That's roughly $600,000 in revenue, which was meant to have been split between the constable's office, the speed camera company, and the school district. There was a problem, though: the constable's office had no authority to issue the citations, as the constable had not established a cooperative endeavor agreement with the school board as required by law, according to WBRZ. By late November, the local police department was putting out Facebook statements telling citizens not to pay the tickets. Louisiana state senator, Caleb Kleinpeter then responded to that post saying, "I just got off of the phone with Attorney General Murrill who has told me to inform all DO NOT PAY this civil violation. If you did we are working to see how you can be reimbursed." Within just a couple of days, the senator had gone as far as to call the ticketing method illegal. "I am a huge supporter of law enforcement, but this is nothing but a money grab," he said to WBRZ. More surprising: Tetzel admitted that himself when resigning. In a letter dated March 12, 2025 but only recently uncovered, Tetzel wrote, "In an effort to evolve this office and position from a half-baked "Mayberry" operation into a functioning service entity that actually serves the community, the Ward 2 Justice of the Peace and I engaged with multiple entities... to conduct traffic photo enforcement in an unincorporated school zone within the parish." He complained that as a constable, his monthly stipend was just $380 and that he had to use his personal vehicle, weapon, and protective equipment, and said wanted the money to fund a full-time office, to procure items for the job, and to fund other projects. "I never expected or intended to get rich doing this service, but I equally did not expect to have to dedicate so many personal resources to my own safety or ability to do this job," Tetzel said. In addition, in his resignation letter, Tetzel claimed that the state attorney general's office knew about the plan and approved it, and called Kleinpeter and AG Liz Murrill "self-important, unaccountable, soundbite-obsessed officials." At least now none of them have to work together. You Might Also Like You Need a Torque Wrench in Your Toolbox Tested: Best Car Interior Cleaners The Man Who Signs Every Car

Fishing groups push to postpone protections for endangered right whale to 2035
Fishing groups push to postpone protections for endangered right whale to 2035

Yahoo

time5 minutes ago

  • Yahoo

Fishing groups push to postpone protections for endangered right whale to 2035

PORTLAND, Maine (AP) — A Maine congressman and several commercial fishing groups are getting behind a push to delay rules designed to protect a vanishing species of whale for 10 years. The North Atlantic right whale numbers only about 370 and has declined over the last 15 years. They have been the subject of proposed federal fishing laws that are backed by conservation groups because the whales are threatened by lethal entanglement in commercial fishing gear. The federal government is in the midst of a pause on federal right whale rules until 2028. Democratic Rep. Jared Golden of Maine and a coalition of fishing organizations said in letters to congressional officials that they want to extend that moratorium out to 2035. Golden, who played a role in the initial moratorium, said extending the pause would give the government the time it needs to craft regulations that reflect science. He also said it would protect Maine's lifesblood lobster fishing industry, which is one of the fishing sectors that would have to comply with rules intended to protect right whales. 'Maine's lobster fishery has most recently been valued at more than half a billion dollars — and that's just the value of the catch. It also supports tens of thousands of jobs. It is an iconic part of our state's economy, heritage and appeal to visitors,' Golden said in a July 22 letter to a subcommittee of the House Natural Resources Committee. The extension of the moratorium was originally proposed by Alaska Republican Nick Begich. It's one of several changes to the federal Marine Mammal Protection Act proposed by Begich, who like Golden represents a state with a large commercial fishing industry. The changes have drawn condemnation from environmental organizations and praise from commercial fishing groups. A group of fishing organizations including the Maine Lobstermen's Association said in a July 21 letter to the subcommittee that 'heavy regulation comes at a heavy cost.' The whales were once numerous off the East Coast, but they were decimated during the era of commercial whaling and have been slow to recover. They are also threatened by collisions with large ships. The population of the whales fell about 25% from 2010 to 2020. Solve the daily Crossword

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store