fortuno dental clinic
SACRAMENTO, Calif. (AP) — California, home to some of the largest technology companies in the world, would be the first U.S. state to require mental health warning labels on social media sites if lawmakers pass a bill introduced Monday. The legislation sponsored by state Attorney General Rob Bonta is necessary to bolster safety for children online, supporters say, but industry officials vow to fight the measure and others like it under the First Amendment. Warning labels for social media gained swift bipartisan support from dozens of attorneys general, including Bonta, after U.S. Surgeon General Vivek Murthy called on Congress to establish the requirements earlier this year, saying social media is a contributing factor in the mental health crisis among young people. “These companies know the harmful impact their products can have on our children, and they refuse to take meaningful steps to make them safer,” Bonta said at a news conference Monday. “Time is up. It’s time we stepped in and demanded change.” State officials haven't provided details on the bill, but Bonta said the warning labels could pop up once weekly. Up to 95% of youth ages 13 to 17 say they use a social media platform, and more than a third say that they use social media “almost constantly,” according to 2022 data from the Pew Research Center. Parents’ concerns prompted Australia to pass the world’s first law banning social media for children under 16 in November. “The promise of social media, although real, has turned into a situation where they’re turning our children’s attention into a commodity,” Assemblymember Rebecca Bauer-Kahan, who authored the California bill, said Monday. “The attention economy is using our children and their well-being to make money for these California companies.” Lawmakers instead should focus on online safety education and mental health resources, not warning label bills that are “constitutionally unsound,” said Todd O’Boyle, a vice president of the tech industry policy group Chamber of Progress. “We strongly suspect that the courts will set them aside as compelled speech,” O’Boyle told The Associated Press. Victoria Hinks' 16-year-old daughter, Alexandra, died by suicide four months ago after being “led down dark rabbit holes” on social media that glamorized eating disorders and self-harm. Hinks said the labels would help protect children from companies that turn a blind eye to the harm caused to children’s mental health when they become addicted to social media platforms. “There's not a bone in my body that doubts social media played a role in leading her to that final, irreversible decision,” Hinks said. “This could be your story." Common Sense Media, a sponsor of the bill, said it plans to lobby for similar proposals in other states. California in the past decade has positioned itself as a leader in regulating and fighting the tech industry to bolster online safety for children. The state was the first in 2022 to bar online platforms from using users’ personal information in ways that could harm children. It was one of the states that sued Meta in 2023 and TikTok in October for deliberately designing addictive features that keep kids hooked on their platforms. Gov. Gavin Newsom, a Democrat, also signed several bills in September to help curb the effects of social media on children, including one to prohibit social media platforms from knowingly providing addictive feeds to children without parental consent and one to limit or ban students from using smartphones on school campus. Federal lawmakers have held hearings on child online safety and legislation is in the works to force companies to take reasonable steps to prevent harm. The legislation has the support of X owner Elon Musk and the President-elect’s son, Donald Trump Jr . Still, the last federal law aimed at protecting children online was enacted in 1998, six years before Facebook’s founding.I don’t know about you, but after watching last week’s episode of Yellowstone I need a heavy pour of 6666 Vodka . We loved the confrontation between Beth (Kelly Reilly) and Jamie (Wes Bentley) and need to see more scenes between Beth and her nemesis Sarah Atwood (Dawn Olivieri). Tonight’s episode continues the Dutton family war as, per Paramount Network , Jamie looks to advance his political agenda while Beth discusses the fate of the ranch with an unlikely ally. The synopsis also notes that “Kayce takes the investigation into his own hands.” Does anybody else have chills? What time is Yellowstone on tonight? How can you watch Yellowstone Season 5, Episode 11 live on Paramount Network? Cowboy up! Here’s everything you need to know. What Time Is Yellowstone On Tonight? Tonight’s new episode of Yellowstone (Season 5, Episode 11: “Three Fifty-Three”) airs at 8:00 p.m. ET on Paramount Network and CMT. Yellowstone will be followed by the second episode of Paramount+’s Landman at 9:16 p.m. ET and an encore presentation of Yellowstone Season 5, Episode 11 at 10:24 p.m. ET. Yellowstone won’t be airing on CBS tonight. That was a special presentation for the show’s return. Yellowstone Season 5, Episode 11 Preview: The official synopsis for the episode highlights three main stories: “Beth discusses the fate of the ranch with an unlikely ally. Kayce takes the investigation into his own hands. Jamie looks to advance his political agenda.” How To Watch Yellowstone Season 5, Episode 11 Online: Yellowstone airs live on Paramount Network, but, unfortunately, you can no longer stream Paramount Network via the network’s website. Thankfully, you can find a Paramount Network live stream with an active subscription to Philo , fuboTV , Hulu + Live TV , Sling TV , DirecTV Stream , or YouTube TV . Philo is the most affordable option ($28/month) and offers a seven-day free trial. YouTube TV, fuboTV, and Hulu + Live TV also provide free trials for new subscribers. New episodes are also available to buy on Amazon ($1.99 SD, $2.99 HD, $3.99 UHD) the morning after they air on Paramount Network. Finally, you can sign in with your TV provider via the Paramount Network website to watch the series on demand. Is Yellowstone Available For Next-Day Streaming On Peacock? Season 5, Part 2 should eventually drop on Peacock, but new episodes won’t be available for next-day streaming on the platform . The midseason finale of Yellowstone aired January 1, 2023, on Paramount Network and the first eight episodes of the season debuted May 25, 2023, on Peacock. If the series follows a similar streaming schedule, new episodes of Yellowstone should premiere on Peacock about six months after the series finale airs on Paramount Network. Is Yellowstone On Paramount+? Sadly, no. The series isn’t available to stream on Paramount+ . When Does Yellowstone Season 5, Episode 12 Air? Next week! The twelfth episode of the season premieres Sunday, December 1 at 8:00 p.m. ET on Paramount Network.
Community organizer Danny Sauter faces downtown revival test as supervisor
Forthright and fearless, the Nobel Prize winner took pot-shots at former prime minister Tony Blair and ex-US president George W Bush among others. His death came after repeated bouts of illness in which images of the increasingly frail former president failed to erase memories of his fierce spirit. Democrat James Earl “Jimmy” Carter Jr swept to power in 1977 with his Trust Me campaign helping to beat Republican president Gerald Ford. Serving as 39th US president from 1977 to 1981, he sought to make government “competent and compassionate” but was ousted by the unstoppable Hollywood appeal of a certain Ronald Reagan. A skilled sportsman, Mr Carter left his home of Plains, Georgia, to join the US Navy, returning later to run his family’s peanut business. A stint in the Georgia senate lit the touchpaper on his political career and he rose to the top of the Democratic movement. But he will also be remembered for a bizarre encounter with a deeply disgruntled opponent. The president was enjoying a relaxing fishing trip near his home town in 1979 when his craft was attacked by a furious swamp rabbit which reportedly swam up to the boat hissing wildly. The press had a field day, with one paper bearing the headline President Attacked By Rabbit. Away from encounters with belligerent bunnies, Mr Carter’s willingness to address politically uncomfortable topics did not diminish with age. He recently said that he would be willing to travel to North Korea for peace talks on behalf of US President Donald Trump. He also famously mounted a ferocious and personal attack on Tony Blair over the Iraq war, weeks before the prime minister left office in June 2007. Mr Carter, who had already denounced George W Bush’s presidency as “the worst in history”, used an interview on BBC radio to condemn Mr Blair for his tight relations with Mr Bush, particularly concerning the Iraq War. Asked how he would characterise Mr Blair’s relationship with Mr Bush, Mr Carter replied: “Abominable. Loyal, blind, apparently subservient. “I think that the almost undeviating support by Great Britain for the ill-advised policies of President Bush in Iraq have been a major tragedy for the world.” Mr Carter was also voluble over the Rhodesia crisis, which was about to end during his presidency. His support for Robert Mugabe at the time generated widespread criticism. He was said to have ignored the warnings of many prominent Zimbabweans, black and white, about what sort of leader Mugabe would be. This was seen by Mr Carter’s critics as “deserving a prominent place among the outrages of the Carter years”. Mr Carter has since said he and his administration had spent more effort and worry on Rhodesia than on the Middle East. He admitted he had supported two revolutionaries in Mugabe and Joshua Nkomo, and with hindsight said later that Mugabe had been “a good leader gone bad”, having at first been “a very enlightened president”. One US commentator wrote: “History will not look kindly on those in the West who insisted on bringing the avowed Marxist Mugabe into the government. “In particular, the Jimmy Carter foreign policy... bears some responsibility for the fate of a small African country with scant connection to American national interests.” In recent years Mr Carter developed a reputation as an international peace negotiator. He won the Nobel Peace Prize in 2002 for his commitment to finding peaceful solutions to international conflicts, his work with human rights and democracy initiatives, and his promotion of economic and social programmes. Mr Carter was dispatched to North Korea in August 2008 to secure the release of US citizen Aijalon Mahli Gomes, who had been sentenced to eight years of hard labour after being found guilty of illegally entering North Korea. He successfully secured the release of Mr Gomes. In 2010 he returned to the White House to greet President Barack Obama and discuss international affairs amid rising tensions on the Korean peninsula. Proving politics runs in the family, in 2013 his grandson Jason, a state senator, announced his bid to become governor in Georgia, where his famous grandfather governed before becoming president. He eventually lost to incumbent Republican Nathan Deal. Fears that Mr Carter’s health was deteriorating were sparked in 2015 when he cut short an election observation visit in Guyana because he was “not feeling well”. It would have been Mr Carter’s 39th trip to personally observe an international election. Three months later, on August 12, he revealed he had cancer which had been diagnosed after he underwent surgery to remove a small mass in his liver. Mr Obama was among the well-wishers hoping for Mr Carter’s full recovery after it was confirmed the cancer had spread widely. Melanoma had been found in his brain and liver, and Mr Carter underwent immunotherapy and radiation therapy, before announcing in March the following year that he no longer needed any treatment. In 2017, Mr Carter was taken to hospital as a precaution, after he became dehydrated at a home-building project in Canada. He was admitted to hospital on multiple occasions in 2019 having had a series of falls, suffering a brain bleed and a broken pelvis, as well as a stint to be treated for a urinary tract infection. Mr Carter spent much of the coronavirus pandemic largely at his home in Georgia, and did not attend Joe Biden’s presidential inauguration in 2021, but extended his “best wishes”. Former first lady Rosalynn Carter, the closest adviser to Mr Carter during his term as US president, died in November 2023. She had been living with dementia and suffering many months of declining health. “Rosalynn was my equal partner in everything I ever accomplished,” Mr Carter said in a statement following her death. “She gave me wise guidance and encouragement when I needed it. As long as Rosalynn was in the world, I always knew somebody loved and supported me.”PNC Financial Services Group Inc. boosted its stake in ITT Inc. ( NYSE:ITT – Free Report ) by 0.5% during the 3rd quarter, Holdings Channel reports. The firm owned 33,439 shares of the conglomerate’s stock after buying an additional 178 shares during the quarter. PNC Financial Services Group Inc.’s holdings in ITT were worth $4,999,000 at the end of the most recent reporting period. A number of other institutional investors have also recently made changes to their positions in the company. Algert Global LLC purchased a new position in ITT during the 2nd quarter valued at approximately $1,158,000. Harbor Capital Advisors Inc. grew its holdings in shares of ITT by 242.6% in the second quarter. Harbor Capital Advisors Inc. now owns 22,407 shares of the conglomerate’s stock valued at $2,895,000 after purchasing an additional 15,866 shares in the last quarter. Zurich Insurance Group Ltd FI bought a new stake in ITT in the first quarter worth $1,388,000. AQR Capital Management LLC raised its stake in ITT by 115.6% during the second quarter. AQR Capital Management LLC now owns 245,676 shares of the conglomerate’s stock valued at $31,717,000 after purchasing an additional 131,708 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in ITT by 46.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 95,398 shares of the conglomerate’s stock valued at $14,263,000 after purchasing an additional 30,320 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock. Analysts Set New Price Targets ITT has been the topic of a number of research reports. TD Cowen boosted their target price on shares of ITT from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Robert W. Baird decreased their price objective on ITT from $165.00 to $163.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their target price on ITT from $157.00 to $167.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. The Goldman Sachs Group increased their price target on ITT from $150.00 to $166.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Finally, KeyCorp increased their target price on shares of ITT from $155.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $161.88. ITT Price Performance ITT stock opened at $158.38 on Friday. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. The firm has a 50-day moving average of $148.28 and a two-hundred day moving average of $138.71. ITT Inc. has a 1 year low of $107.01 and a 1 year high of $158.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.58 and a quick ratio of 1.09. ITT ( NYSE:ITT – Get Free Report ) last released its quarterly earnings data on Tuesday, October 29th. The conglomerate reported $1.46 EPS for the quarter, topping the consensus estimate of $1.43 by $0.03. ITT had a return on equity of 17.98% and a net margin of 13.67%. The company had revenue of $885.20 million for the quarter, compared to the consensus estimate of $884.50 million. During the same period last year, the business posted $1.37 EPS. ITT’s quarterly revenue was up 7.7% on a year-over-year basis. On average, research analysts forecast that ITT Inc. will post 5.84 earnings per share for the current year. ITT Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th will be issued a dividend of $0.319 per share. This represents a $1.28 annualized dividend and a yield of 0.81%. The ex-dividend date is Friday, November 29th. ITT’s payout ratio is 21.84%. ITT Company Profile ( Free Report ) ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. Featured Stories Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. ( NYSE:ITT – Free Report ). Receive News & Ratings for ITT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITT and related companies with MarketBeat.com's FREE daily email newsletter .
Southern California’s notorious Santa Ana winds were predicted to return Monday night and utilities said they are prepared to cut power to hundreds of thousands of customers in areas where strong gusts could damage electrical equipment and spark wildfires. The National Weather Service issued a rare “particularly dangerous situation,” or PDS, red flag warning for high fire risk into Tuesday for Los Angeles and Ventura counties. The last time PDS red flags went up was the first week of November, when powerful, dry winds fed the Mountain Fire, which destroyed at least 240 buildings, mostly homes, in Ventura County. Before that, a PDS red flag warning hadn’t been issued for the region since 2020. “This event has the potential to be as strong as the November 5th-6th Santa Ana event that led to the Mountain Fire,” the weather service office for Los Angeles said Sunday on social media. Southern California Edison said it was considering targeted power shut-offs for more than 250,000 homes and businesses across seven counties starting Monday evening. Meanwhile San Diego Gas & Electric said it has notified nearly 117,500 customers that they might temporarily lose service to reduce the chance of wildfires. Santa Anas are dry, warm and gusty northeast winds that blow from the interior of Southern California toward the coast and offshore. They typically occur during the fall months and continue through winter and into early spring. In Northern California, the weather service said chances were increasing for an “impactful rainfall event” late in the week for the San Francisco Bay Area. Southern California's notorious Santa Ana winds were predicted to return Shares of Nvidia fell Monday after China said it is The nominations for the Golden Globe Awards are a starry He’s one of the most famous corporate leaders in theNone
AUSTIN, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. MOND (" Mondee " or the " Company "), a leading travel marketplace and artificial intelligence (AI) technology company, announced today that the Company received a notification letter from the Listing Qualifications Department of the NASDAQ Stock Market LLC (" Nasdaq ") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of reports with the U.S. Securities and Exchange Commission. The November 20, 2024 letter was sent as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the three month period ended September 30, 2024 (the " Form 10-Q "). The Nasdaq notice has no immediate effect on the listing or trading of the Company's Class A common stock (the " Common Stock ") on the Nasdaq Global Market. Under the Nasdaq rules, the Company has 60 days from the date of the notice to submit a plan to Nasdaq to regain compliance with Nasdaq's listing rules. If a plan is submitted and accepted, the Company could be granted up to 180 days from the Form 10-Q's due date to regain compliance. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Notwithstanding the foregoing, on November 25, 2024, the Company's Board of Directors (the " Board ") determined that the Company does not plan to submit a plan of compliance to Nasdaq to regain compliance with Nasdaq's listing rules and does not plan to appeal Nasdaq's subsequent delisting of its Common Stock from Nasdaq. Prasad Gundumogula takes leave of absence as CEO; Mondee Appoints Jesus Portillo as CEO On November 21, Prasad Gundumogula informed the board of directors of the Company that he would be taking a leave of absence as Chief Executive Officer (" CEO ") of the Company, effective as of November 25, 2024. Mr. Gundumogula will continue to serve as a director and chairman of the Company's Board. On November 21, 2024, the Board appointed Jesus Portillo as the Company's CEO and a member of the Board, effective as of November 25, 2024. Mr. Portillo will retain his current duties and responsibilities as Chief Financial Officer of the Company. About Mondee Holdings, Inc. and Subsidiaries Established in 2011, Mondee is a leading travel marketplace and artificial intelligence (AI) technology company with its headquarters based in Austin, Texas. The Company operates 21 offices globally across the United States and Canada, Brazil, Mexico, India, and Greece. Mondee is driving change in the leisure and corporate travel sectors through its broad array of innovative solutions. Available both as an app and through the web, the Company's platform processes over 50 million daily searches and generates a substantial transactional volume annually. Mondee Marketplace includes access to Abhi, one of the most powerful and fully integrated AI travel planning assistants in the market. Mondee's network and marketplace include approximately 65,000 travel experts, 500+ airlines, and over one million hotels and vacation rentals, 30,000 rental car pickup locations, and 50+ cruise lines. The Company also offers packaged solutions and ancillary offerings that serve its global distribution. On July 19, 2022, Mondee became publicly traded on the Nasdaq Global Market under the ticker symbol MOND. For further information, visit: www.mondee.com . Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by words such as: "believe," "could," "may," "expect," "intend," "potential," "plan," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the Company's future growth, performance, business prospects and opportunities, strategies, expectations, future plans and intentions or other future events. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Management believes that these forward-looking statements are reasonable as and when made. However, the Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the ability to implement business plans and forecasts, the outcome of any legal proceedings that may be instituted against the Company or others and any definitive agreements with respect thereto, the ability of the Company to grow and manage growth profitably, retain management and key employees, and maintain relationships with our distribution network and suppliers, the ability of the Company to maintain compliance with Nasdaq's listing standards, the expected changes to the Company's capital structure, and other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the three months ended June 30, 2024 filed with the U.S. Securities and Exchange Commission (the "SEC"), and in the Company's subsequent filings with the SEC. There may be additional risks that the Company does not presently know of or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. In light of the significant uncertainties in these forward-looking statements, you should not rely upon forward-looking statements as predictions of future events. Except as required by law, Mondee undertakes no obligation to update publicly any forward-looking statements for any reason. For Further Information, Contact: Public Relations pr@mondee.com Investor Relations ir@mondee.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.HONG KONG — In the world of cheap drones, Skydio was the great American hope. Its autonomous flying machines gave the U.S. defense and police agencies an alternative to Chinese manufacturers, free from the security concerns tied to dependence on Chinese supply chains. But Skydio’s vulnerabilities came into sharp focus days before the U.S. presidential election, when Chinese authorities imposed sanctions and severed the company’s access to essential battery supplies. Overnight, the San Mateo, California-based Skydio, the largest American maker of drones, scrambled to find new suppliers. The move slowed Skydio’s deliveries to its customers, which include the U.S. military. “This is an attack on Skydio but it’s also an attack on you,” Adam Bry, the CEO, told customers. Behind the move was a message from China’s leaders to Donald Trump, who would go on to win the election with a promise of new China sanctions and tariffs: Hit us and we’ll strike back harder. From the campaign trail to his Cabinet appointments, Trump has made it clear that he believes a confrontation with China over trade and technology is inevitable. In the first Trump administration, the Chinese government took mostly symbolic and equivalent measures following U.S. tariffs and trade restrictions. This time, China is poised to escalate its responses, experts say, and could aim aggressive and targeted countermeasures at American companies. “During Trade War 1.0, Beijing was fairly careful to meet the tariffs that the U.S. put in place,” said Jude Blanchette, a China scholar at the Center for Strategic and International Studies in Washington, D.C. “Now they are signaling their tolerance for accepting and dishing out pain,” he said. “It’s clear for political reasons that Beijing is not willing to stand by and watch as significant new waves of tariffs come in.” Related Story: China Took Time to Prepare China has had time to prepare. During Trump’s first term, officials in Beijing began drafting laws that mirror U.S. tactics, allowing them to create blacklists and impose sanctions on American companies, cutting them off from critical resources. The goal has been to use China’s status as the world’s factory floor to exact punishment. Since 2019, China has created an “unreliable entity list” to penalize companies that undermine national interests, introduced rules to punish firms that comply with U.S. restrictions on Chinese entities, and expanded its export-control laws. The broader reach of these laws enables Beijing to potentially choke global access to critical materials like rare earths and lithium — essential components in everything from smartphones to electric vehicles. The new tools are part of what one Communist Party publication described as an effort to “provide legal support for countering hegemonism and power politics and safeguarding the interests of the country and the people.” Collectively, the strategy marks a calculated shift to counter Trump’s expected policies when he takes office. The fallout could significantly disrupt operations for American companies. That raises the stakes for businesses and the economy as the new U.S. administration readies its first salvo in what could become a more ruthless second round of trade conflict between the United States and China. Washington’s relationship with Beijing was already fraught. President Joe Biden has largely continued Trump’s confrontational policies, sanctioning some Chinese companies and restricting others from the U.S. market. This month, the U.S. government announced a ban on 29 Chinese companies over connections to forced labor in the country’s western region of Xinjiang. Related Story: Trump Moves to Increase Tariffs on China On Monday, Trump went further. The president-elect said he would impose an additional 10% tariff on all products coming into the country from China. China has given a preview of the lengths it is willing to go to counter U.S. government sanctions. In September, Chinese authorities accused PVH, the owner of Calvin Klein and Tommy Hilfiger, of “discriminating” against products in Xinjiang, putting it onto its “unreliable entities list.” It was the first time that Beijing punished a foreign company for removing Xinjiang cotton from its supply chain to meet U.S. trade rules. A few weeks later, a think tank with ties to China’s internet regulatory agency called for a review of Intel, an American chip company, for selling products that “constantly harmed” China’s national security and interests. The last company subject to a cybersecurity review, American chipmaker Micron, was ultimately cut off from supplying chips to a significant portion of the Chinese market. The Chinese rules leave both PVH and Intel stuck in the tussle between the two global superpowers. Other companies might soon find themselves in a similar position. The conundrum for firms is whether and how to follow U.S. trade restrictions, when doing so could trigger Chinese reprisals. Forcing companies to question their business practices might be China’s intention, experts say. At the same time, Chinese officials need to strike a balance in their punishments. If they go too far in penalizing foreign companies, they could scare away investors when financial markets are worried about China’s economy. Related Story: And in some cases, Chinese companies still need what the United States offers, including microchips in electronic devices or soybeans that Chinese farmers feed their cattle. Many of China’s state-owned enterprises still use computers powered by Intel chips. “They have this dilemma where they want to signal to the U.S. government but they don’t want to scare foreign investors and companies too much,” said Andrew Gilholm, a China expert at Control Risks, a consulting firm. “They want companies to know that there is a cost to being too enthusiastic about complying with U.S. and other regulations.” The strategy, he said, is evolving into one that looks more like “supply chain warfare.” Still, for the many companies that rely more on China than China does on them, Beijing has the ability to exact major pain. Skydio had spent years building a supply chain outside China, but remained reliant on the country for one crucial item: batteries. After the sanctions by China, there is no quick fix. It can take months to make the necessary design changes and secure new suppliers. In a statement, Skydio said that it would be forced to ration batteries. That means its customers, which include fire departments, can only get one battery per drone, severely limiting how long a craft can fly. The company said it planned to have new supplies by spring. “If there was ever any doubt, this action makes clear that the Chinese government will use supply chains as a weapon to advance their interests over ours,” Skydio wrote. — This article originally appeared in . By Alexandra Stevenson and Paul Mozur/Laura Morton c. 2024 The New York Times Company