Canada is already examining tariffs on certain US items following Trump’s tariff threat( MENAFN - EIN Presswire) Dr. Tyson Cobb, orthopedic surgeon and seasoned Real estate investor, shares insights on the booming commercial real estate market and growth opportunities. As commercial real estate rebounds, growth markets like NYC and Sunbelt states offer investors unique opportunities for stability and long-term gains. BETTENDORF, IA, UNITED STATES, December 28, 2024 /EINPresswire / -- As the commercial real estate (CRE) market begins to show clear signs of recovery, certain sectors and regions are emerging as leaders, offering compelling opportunities for savvy investors. Dr. Tyson Cobb, a real estate investor with over $1 billion in investing experience and a semi-retired orthopedic surgeon, believes this is the time for strategic action. With targeted investments in booming markets, investors can secure stable, long-term returns and financial freedom. The resurgence in the CRE market is being driven by strong fundamentals, particularly in key regions like New York City and the Sunbelt states. In New York City, the CRE market rebounded significantly in Q3 2024, with Manhattan alone reporting $3.2 billion in investment sales, more than doubling from the same period last year. Across all five boroughs, total CRE sales reached $4.9 billion, representing a 21% quarter-over-quarter increase and a 63% year-over-year jump, according to CRE Daily. This renewed activity signals growing investor confidence and the return of long-term potential in urban markets that have historically been the backbone of CRE. Beyond New York, the Sunbelt states-such as Texas, Florida, and Arizona-are seeing unprecedented demand for medical office and multifamily properties. These regions are experiencing rapid population growth, particularly among retirees and young professionals, creating a surge in demand for healthcare services and residential spaces. Medical office real estate, in particular, has emerged as a resilient asset class. Properties in this sector are often supported by long-term leases with creditworthy tenants, making them attractive to investors seeking stability in a volatile economic environment. The recovery isn't limited to these regions. Nationwide, the U.S. CRE market is projected to reach $1.66 trillion in transaction value in 2024 and grow steadily to $1.89 trillion by 2029, according to Mordor Intelligence. This consistent upward trajectory underscores the strength of the market and its ability to deliver strong returns over time. Additionally, improvements in lending conditions, including easing interest rate pressures, are expected to unlock further opportunities, particularly in growth-focused markets. Dr. Cobb stresses the importance of recognizing and acting on these trends before the market becomes oversaturated.“The greatest opportunities come when others are cautious,” Cobb explains.“Investors who can act decisively in high-growth areas are positioning themselves to benefit from long-term appreciation and stable cash flows.” Medical office real estate stands out as a particularly attractive option. These properties are essential to local communities, hosting healthcare providers that are insulated from many economic downturns. As demand for outpatient services and specialized care grows, medical office properties are experiencing high occupancy rates and rising rental income. This makes them ideal for investors looking for reliable income streams, especially through syndication opportunities that reduce the financial burden of ownership. Cobb also highlights the role of syndications in making these high-quality investments accessible to a broader range of investors. By pooling resources and sharing expertise, syndications allow investors to access premium properties in growing markets without the operational challenges of direct ownership. This approach aligns with Cobb's disciplined investment philosophy, which focuses on thoroughly vetted opportunities in markets with strong population and job growth. While interest rates remain a concern for many investors, there are signs of stabilization. The Federal Reserve's gradual softening of monetary policy could lead to lower borrowing costs, unlocking additional value in CRE assets. Historically, as rates decrease, property values tend to appreciate, providing a favorable environment for those who invest early in the recovery cycle. “Timing is everything,” Cobb advises.“By acting now, investors can take advantage of discounted property prices and position themselves for substantial returns as the market continues to recover.” For those ready to explore high-quality investment opportunities in thriving CRE markets, Dr. Cobb and Timberview Capital offer access to meticulously vetted deals that align with long-term financial goals. Schedule a call today at to learn more about how you can benefit from today's commercial real estate market. “Success in real estate comes to those who act decisively,” Cobb explains.“The opportunities are there for those willing to seize them. Don't wait for the perfect moment-it's already here.” Tyson Cobb, MD Timberview Capital +1 563-209-8488 ... 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Kanye West isn’t the only celebrity that has ran for a political office over the years! Over the years, tons of stars – from athletes to actors and reality stars – have all run for some political office. Even a former Bachelor once ran for a seat in the House of Representatives! While a lot of them didn’t get elected, a good amount of them did make it to office, and left pretty substantial legacy with their work. Did you know that four stars have ran for president and that two of them actually won?! Browse through the slideshow to see all of the celebrities that have ran for political office... Continue Here »
NoneOn the instructions of the Chief Minister of Punjab, emission control systems have been installed in 96 percent of Lahore’s industries for the first time in history, while 21 industrial units that did not comply with environmental laws were sealed by the EPA. Lahore, once renowned as the “City of Gardens” for its lush greenery and vibrant landscapes, is now grappling with a severe smog crisis that has transformed its skies into a grey with a suffocating blanket. In recent years, air pollution in Lahore reached alarming levels, with the Air Quality Index (AQI) frequently surpassing hazardous limits, sometimes exceeding 300-400 AQI, far above the safe threshold of Punjab Environmental Quality Standards and those set by World Health Organization (WHO). According to the 2023 census, Lahore’s population has surged to over 13 million, growing at an annual rate of 3.41 percent, further straining the city’s infrastructure and increasing vehicular and industrial emissions. Noted environmentalist Dr. Mahmood Khalid Qamar told APP that air pollutants directly hinder plant growth, while reducing photosynthesis and degrading tree health, diminishing their ability to filter pollutants. Wildlife, especially birds, experience respiratory disorders and their habitat loss, and similarly soil quality declines, further disrupting ecosystems. Obviously this is evident from the situation produced due to recent severe smog that affected animals at Lahore Zoo, Qamar said, adding that it caused respiratory and eye problems, particularly in those in open enclosures. It is worth mentioning that to mitigate this situation, the zoo provided immune-boosting supplements for almost all animal and birds, employing water spraying and shaded shelters. According to a survey by the Urban Unit, in Lahore, the number of industries with air cleaning systems was 43 percent in April 2024, while due to the efforts of the EPA, the number of industries with air cleaning systems has increased to 96 percent in December 2024. The Environmental Protection Department has established 25 AQI monitoring stations in different cities, while work is underway on 35 stations. Meanwhile, Senior Provincial Minister Maryam Aurangzeb said in a statement that Maryam Nawaz Sharif’s zero tolerance policy is being implemented to eliminate pollution. It may be mentioned here that in order to combat hazardous smog and air pollution across Punjab, home of more than 100 million people, the Punjab government used Chinese anti-smog technology by installing smog towers in Lahore and other parts of the province. In an effort to tackle severe air pollution, the Punjab government has also launched recently a smog clean tower in Lahore. The smog tower aims to reduce hazardous smog levels that have paralysed the city, particularly in the past two months, affecting nearly two million residents. The provincial capital has been struggling with toxic air due to heavy vehicle emissions, industrial activity, and crop burning, leading to widespread health issues.
In a half-sane world, Robert F. Kennedy Jr.’s nomination to head the Department of Health and Human Services would be recognized for what it plainly is -- crazy. With this final nail in the coffin of better Kennedys, I think we can declare the family mystique finis. A starstruck President-elect Donald Trump, meanwhile, must be having the time of his life, mocking and undermining nearly every American government institution by playing Cabinet roulette. With each new name, I can hear the pick say, “No, I’ve never been to medical school, but I slept at a Holiday Inn last night.” Trump must giggle himself to sleep. One can also safely infer that when Kennedy’s own family issues a statement denouncing his political shift, we should pay attention. No, I don’t think the Democratic Kennedys turned their backs on the serial adulterer, conspiracy theorist and anti-vaccine activist only because he hitched his wagon to Trump. More likely, they fear that Trump could empower Kennedy to put into practice some of his loonier ideas. People are also reading... Much of this Kennedy’s history is familiar. He’s a drug addict, possessed of “lust demons” (in his own words) and a journalist -- of a sort. He kept a diary of his sexual exploits with names and ratings from 1 to 10. A 10 meant going all the way, to use the nomenclature of his arrested development. Kennedy was an adult in his second marriage when he started scoring his exploits. (As far as we know.) In the journal, which somehow found its way to the New York Post, he claims to have had affairs with 37 women while married to his second wife, Mary Richardson Kennedy. She reportedly became aware of the journal at some point and, in the midst of the divorce, died by suicide, according to New York Magazine. In just the past year, Kennedy carried on a nine-month sexting relationship with a well-known journalist who was at the time engaged to another journalist. (They’ve parted ways, and both are on job vacation.) But ol’ Kennedy gets a pass because he’s -- I give up. The guy has the face of a baseball mitt, and yet women are tripping over each other trying to be his best girl. Three more women came forward in October claiming romantic involvement with Kennedy, whom they knew through the Children’s Health Defense, an advocacy group he founded to fight, among other things, 5G wireless technology. Kennedy claims that the technology causes cancer, infertility and attention-deficit/hyperactivity disorder, for which there is, indeed, some limited, inconsistent evidence, according to the World Health Organization. He also claims that chemicals in our drinking water are making children gay or transgender, a conspiracy theory advanced by none other than Alex Jones. What must life be like in the brain of this man? No wonder the worm died. Like Trump, Kennedy seems impervious to consequences and shameless in the service of self-preservation. During his divorce from his second wife, he claimed during testimony that a brain worm had left him cognitively deficient, thus crippling his ability to earn money and therefore pay alimony. It must be said that Kennedy has his eye on some targets that are overdue for governmental scrutiny. Factory farming is an abomination. Environmental toxins can never be adequately controlled to my satisfaction. People have reason to question the contents of heavily processed foods. But lawyers and activists who cherry-pick data and traffic in junk science shouldn’t be assigned greater credibility than scientists who subject their research to strict quality standards. Kennedy’s willingness to bend the truth to his purposes should not be rewarded with one of the nation’s most important jobs. His confirmation would be not just bad for the national health. It would also be crazy. Parker writes for The Washington Post. Be the first to know Get local news delivered to your inbox!
A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. The decision is a win for the Justice Department and opponents of the Chinese-owned app and a devastating blow to ByteDance. The ruling now increases the possibility of an unprecedented ban in just six weeks on a social media app used by 170 million Americans. The ruling is expected to be appealed to the Supreme Court. Free speech advocates immediately criticized the decision. The American Civil Liberties Union said it sets a "flawed and dangerous precedent." "Banning TikTok blatantly violates the First Amendment rights of millions of Americans who use this app to express themselves and communicate with people around the world," said Patrick Toomey, deputy director of the ACLU's National Security Project. But the appeals court said the law "was the culmination of extensive, bipartisan action by the Congress and by successive presidents. It was carefully crafted to deal only with control by a foreign adversary, and it was part of a broader effort to counter a well-substantiated national security threat posed by the PRC (People's Republic of China)." US appeals court Judges Sri Srinivasan, Neomi Rao and Douglas Ginsburg considered the legal challenges brought by TikTok and users against the law that gives ByteDance until Jan. 19 to sell or divest TikTok's US assets or face a ban. The decision -- unless the Supreme Court reverses it -- puts TikTok's fate in the hands of first President Joe Biden on whether to grant a 90-day extension of the Jan. 19 deadline to force a sale and then President-elect Donald Trump, who takes office on Jan. 20. But it's not clear whether ByteDance could meet the heavy burden to show it had made significant progress toward a divestiture needed to trigger the extension. Trump, who unsuccessfully tried to ban TikTok during his first term in 2020, said before the November presidential election he would not allow the TikTok ban. TikTok said it expected the Supreme Court would reverse the appeals court decision on First Amendment grounds. "The Supreme Court has an established historical record of protecting Americans' right to free speech, and we expect they will do just that on this important constitutional issue," TikTok said in a statement, adding the law will result "in outright censorship of the American people." The Justice Department did not have an immediate comment on the decision. The decision upholds the law giving the U.S. government sweeping powers to ban other foreign-owned apps that could raise concerns about collection of Americans' data. In 2020, Trump also tried to ban Tencent-owned WeChat, but was blocked by the courts. Shares of Meta Platforms, which competes against TikTok in online ads, hit an intraday record high following the ruling, last up over 3%. Google parent Alphabet, whose YouTube video platform also competes with TikTok, was up over 1% following the ruling. TIKTOK BAN LOOMS The court acknowledged its decision would lead to TikTok's ban on Jan. 19 without an extension from Biden. "Consequently, TikTok's millions of users will need to find alternative media of communication," the court said, which was because of China's "hybrid commercial threat to U.S. national security, not to the U.S. Government, which engaged with TikTok through a multi-year process in an effort to find an alternative solution." The opinion was written by Ginsburg, an appointee of President Ronald Reagan, and joined by Rao, who was named to the bench by Trump, and Srinivasan, an appointee of President Barack Obama. The Justice Department says under Chinese ownership, TikTok poses a serious national security threat because of its access to vast personal data of Americans, asserting China can covertly manipulate information that Americans consume via TikTok. U.S. officials have also warned TikTok's management is beholden to the Chinese government, which could compel the company to share the data of its American users. TikTok has denied it has or ever would share U.S. user data, accusing American lawmakers in the lawsuit of advancing "speculative" concerns. TikTok and ByteDance argue the law is unconstitutional and violates Americans' free speech rights. They call it "a radical departure from this country's tradition of championing an open Internet." ByteDance, backed by Sequoia Capital, Susquehanna International Group, KKR & Co, and General Atlantic, among others, was valued at $268 billion in December 2023 when it offered to buy back around $5 billion worth of shares from investors, Reuters reported then. The law prohibits app stores like Apple and Alphabet's Google from offering TikTok and bars internet hosting services from supporting TikTok unless ByteDance divests TikTok by the deadline. Apple and Google did not immediately respond to requests for comment. In a concurring opinion, Srinivasan acknowledged the decision will have major impacts, noting "170 million Americans use TikTok to create and view all sorts of free expression and engage with one another and the world. And yet, in part precisely because of the platform's expansive reach, Congress and multiple Presidents determined that divesting it from (China's) control is essential to protect our national security." He added that "Because the record reflects that Congress's decision was considered, consistent with longstanding regulatory practice, and devoid of an institutional aim to suppress particular messages or ideas, we are not in a position to set it aside." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Track Latest News Live on NDTV.com and get news updates from India and around the worldRuijie Networks' Cloud Platform Flaws Could Expose 50,000 Devices to Remote Attacks
The Houston Rockets just extended their losing streak to the Golden State Warriors to fifteen straight games. Can they lift longtime Warriors’ coach Steve Kerr ‘s curse before their NBA Cup clash? The two teams will play each other in a quarterfinal elimination game on Wednesday. Can Rockets Break Warriors Losing Streak in the NBA Cup? The Rockets’ Streak versus the Warriors The Rockets and Warriors have a lot of recent history due to rival three-point revolutionaries and stylistically diametric superstars Steph Curry and James Harden . That played out in playoff series in 2017-18 and 2018-19. The 15-game losing streak against the Warriors dates back to March 2021. The Rockets last won a game in the matchup in February 2020. Clearly, much of that time coincided with the early stages of the Rockets’ rebuild. The Rockets weren’t beating much of anybody else from 2021 through to 2023, either. But even since the acquisition of win-now head coach Ime Udoka , the losing streak continues. Memorably, the Warriors halted Houston’s late-season push for a play-in spot in a matchup last season. In the Rockets’ defense, though they had been playing well courtesy of the best month of Jalen Green ‘s career, they were lacking their best player in Alperen Sengun . This time, the shoe was on the other foot. Houston found a way to get kicked with it regardless. Even with Curry and Draymond Green both being absent from the Warriors’ lineup, the Rockets still couldn’t pull out a win. Matching Their Energy The Warriors clearly get up to play the Rockets. Despite not playing in the game, Draymond Green barely ever sat down, yelling instructions and encouraging words from the sideline. Houston’s losing streak is certain to be something he gets a kick out of. Who can forget that even amid Golden State’s lottery plunging 2019-2020 season, the team still found the will to upset the Rockets on Christmas day behind Green’s best performance of the season? Even if the Warriors find extra motivation in the matchup, you would assume that the Rockets would at this point as well. Nobody wants to lose to the same team fifteen times in a row, after all. Maybe the Rockets had some of the wind taken from their sails by the absence of Golden State’s perpetual motion machine and table-setter, Chef Curry. Udoka called the team’s effort soft . Maybe the absence of Rockets hypeman Tari Eason left them with insufficient amounts of hype, or maybe the Warriors just have the Rockets’ number. The Rockets’ Stars The Rockets’ number, as far as Golden State is concerned, might just be Jalen Green’s field goal percentage. Green is a streaky player at the best of times, which, at the best of times , can make him look very good . But the best of times simply do not come for Green against the blue and gold. After a hot start, he’s averaging under 40% from the field in 2024-25. Somehow, for his career against the Warriors, it’s even worse. He actually averages under 30% from the field in 11 career games against the Warriors. He has shot over 50% in precisely none of them, 29.2% overall. Kerr is dogmatic about Gregg Popovich ‘s theory regarding the necessity of crowding Green in isolation. But even still, at this point, there has to be some mental element to Green’s poor performances. Green will get another chance to escape the asylum on Wednesday. Maybe an NBA Cup elimination game is exactly the kind of pressure he needs... Rockets fans can hope at least. Sengun Too The Warriors have also done a fairly good job of containing Houston’s more reliable star, the Turkiye Terror . Sengun got going late in the most recent matchup but started out the game, missing everything. He clearly struggles with the physical defense of longtime Warrior and dedicated Rockets’ saboteur Kevon Looney . The Warriors are physical with Sengun up and down the roster, too. They use the smalls-defending-bigs whistle better than any team in the NBA that isn’t based in Miami, a phenomenon the Rockets benefited from themselves in the days of P.J. Tucker at center. The Rockets have been finding ways to win this season despite slow starts on offense for their young stars, mostly on the defensive end. Maybe they could do it again on Wednesday and break Kerr’s curse with a complete team effort. Alternatively, if Jonathan Kuminga can go for a career-high against Houston, then why can’t Jabari Smith Jr. or Amen Thompson do so against Golden State? But are Green and Sengun build-around-players or not? The Last Word If either Green or Sengun are ever going to be considered bankable stars in this league, then Wednesday night is exactly the kind of game for them to go all in on. The team has had big wins already this season. This would be bigger. The Rockets have a chance at breaking Kerr’s curse and coming one step closer to snagging the second-ever NBA Cup in a single game. And if nothing else, that chance is probably higher than Green’s Golden State field goal percentage. This article first appeared on Last Word On Sports and was syndicated with permission.Papers: Real Madrid growing in confidence Trent will leave LiverpoolN.J. Benson has 22 points, 17 rebounds and DePaul wins 84-65 over Loyola MarylandHONOLULU (AP) — KyeRon Lindsay and Terence Harcum each scored 16 points as Murray State beat Loyola Chicago 71-68 on Wednesday for seventh place at the Diamond Head Classic. Lindsay also had five rebounds and four steals for the Racers (7-6). Harcum went 5 of 10 from the floor, including 2 for 6 from 3-point range, and 4 for 6 from the line. AJ Ferguson shot 4 of 8 from the field and 2 for 4 from the line to finish with 11 points. The Ramblers (9-4) were led by Miles Rubin, who posted 16 points and three blocks. Des Watson added 12 points and Sheldon Edwards had 10 points. Lindsay scored eight points in the first half and Murray State went into halftime trailing 36-34. Harcum led the way with 10 second-half points. The Associated Press created this story using technology provided by and data from .
Giants release quarterback Daniel Jones just days after benching him EAST RUTHERFORD, N.J. (AP) — The Daniel Jones era in New York is over. The Giants quarterback was granted his release by the team just days after the franchise said it was benching him in favor of third-stringer Tommy DeVito. New York president John Mara said Jones approached the team about releasing him and the club obliged. Mara added he was “disappointed” at the quick dissolution of a once-promising relationship between Jones and the team. Giants coach Brian Daboll benched Jones in favor of DeVito following a loss to the Panthers in Germany that dropped New York's record to 2-8. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. Week 16 game between Denver Broncos and Los Angeles Chargers flexed to Thursday night spot The Los Angeles Chargers have played their way into another prime time appearance. Justin Herbert and company have had their Dec. 22 game against the Denver Broncos flexed to Thursday night, Dec. 19. Friday’s announcement makes this the first time a game has been flexed to the Thursday night spot. The league amended its policy last season where Thursday night games in Weeks 13 through 17 could be flexed with at least 28 days notice prior to the game. The matchup of AFC West division rivals bumps the game between the Cleveland Browns and Cincinnati Bengals to Sunday afternoon. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Brock Purdy will miss Sunday's game for the 49ers with a shoulder injury SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday’s game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday’s loss to the Seattle Seahawks. Purdy underwent an MRI that showed no structural damage but the shoulder didn’t improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. Red Bull brings wrong rear wing to Las Vegas in mistake that could stall Verstappen's title chances LAS VEGAS (AP) — Max Verstappen is suddenly in jeopardy of being denied a fourth consecutive Formula 1 title Saturday night. Red Bull apparently brought the wrong rear wing to Las Vegas and GPS data showed its two cars to be significantly slower on the straights than both McLaren and Mercedes, which led both practice sessions. Red Bull says it doesn’t have a replacement rear wing in Las Vegas to fix the issue and little chance of getting two flown in from England ahead of the race. Lawyer says ex-Temple basketball standout Hysier Miller met with NCAA for hours amid gambling probe PHILADELPHIA (AP) — A lawyer for former Temple basketball standout Hysier Miller says the 22-year-old sat for a long interview with the NCAA amid an investigation into unusual gambling activity. But neither the lawyer nor federal law enforcement officials on Friday would confirm reports that a federal probe is now under way. Lawyer Jason Bologna says Miller cooperated because he hopes to play again. Miller was released last month after transferring to Virginia Tech. Temple President John Fry says the Philadelphia school has not been asked for any information from federal law enforcement officials. Caitlin Clark to join Cincinnati bid for 16th National Women's Soccer League team WNBA star Caitlin Clark has joined Cincinnati’s bid for an expansion National Women’s Soccer League team. Major League Soccer franchise FC Cincinnati is heading the group vying to bring a women’s pro team to the city. The club issued a statement confirming Clark had joined the bid group. NWSL Commissioner Jessica Berman has said the league plans to announce the league’s 16th team by the end of the year. The league's 15th team will begin play in 2026 in Boston. Alyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Aaron Judge won't be bothered if Juan Soto gets bigger contract from Yankees than his $360M deal NEW YORK (AP) — Aaron Judge won’t be bothered if Juan Soto gets a bigger deal from the New York Yankees than the captain’s $360 million, nine-year contract. Speaking a day after he was a unanimous winner of his second MVP, Judge says “It ain’t my money” and adds "that’s never been something on my mind about who gets paid the most.” Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Soto batted .288 with 41 homers, 109 RBIs and 129 walks in his first season with the Yankees, then became a free agent at age 26.
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What would 25% tariffs on imports from Mexico, Canada mean for Americans?There’s a seismic shift in the world of artificial intelligence. While consumer-focused applications like language models have captured headlines, B2B-centric AI is emerging as the true game-changer, according to experts like Jack Hidary, CEO of Sandbox AQ. This next wave of AI emphasizes quantitative AI (QAI) , destined to revolutionize industries such as pharmaceuticals, automotive, and energy. Unlike traditional AI models, which often focus on cost reduction, QAI harnesses fundamental equations to generate data that sparks innovation and creates significant economic value. It’s poised to transform product development by addressing critical challenges like improving energy storage materials and accelerating drug development. This transformation marks AI’s evolution into a pivotal tool beyond text-based applications. A recent McKinsey report titled “An Unconstrained Future: How Generative AI Could Reshape B2B Sales” explores how AI integration is optimizing sales processes through automation and personalized insights. Though the core roles of sales remain unchanged—building trust and minimizing friction—AI is enhancing productivity and fostering growth. Companies embracing these tools report improved customer experiences and shorter sales cycles, paving the way for new growth opportunities. In the world of AI investments, NVIDIA Corporation (NASDAQ:NVDA) stands out as a major player. Despite short-term demand fluctuations, the company has been named a “Top Pick” by Morgan Stanley due to its robust long-term fundamentals. Nvidia continues to innovate with AI-driven solutions, maintaining optimism about future demand. This shift in focus from consumer to B2B applications underscores a future where AI is a cornerstone of innovation across industries. Investors and companies must embrace agile strategies and AI-driven capabilities to thrive in this evolving landscape. The Emerging Power of B2B AI: Transforming Industries and Driving Economic Growth As artificial intelligence continues to evolve, the real disruptor in the field is shifting from consumer applications to B2B-focused solutions. Jack Hidary, CEO of Sandbox AQ, highlights the transformative potential of B2B-centric AI , particularly through quantitative AI (QAI) . Unlike traditional AI aimed primarily at cost reduction, QAI leverages fundamental equations to foster innovation and generate substantial economic value, especially in industries such as pharmaceuticals, automotive, and energy. Features and Innovations in Quantitative AI Quantitative AI is set to redefine product development by addressing key challenges. For instance, in pharmaceuticals, QAI can significantly accelerate drug discovery processes, reducing time-to-market for critical new treatments. Similarly, in the automotive sector, it offers the possibility of improving the efficiency and sustainability of energy storage materials, crucial for the advancement of electric vehicles. By moving beyond the scope of text-based AI applications, quantitative AI is charting a course for AI’s evolution as a vital tool for groundbreaking innovations across diverse sectors. This paradigm shift marks a significant leap for industries aiming to integrate advanced AI techniques to solve complex problems and drive sustainable growth. McKinsey Insights: Revolutionizing B2B Sales with AI A recent report by McKinsey, “An Unconstrained Future: How Generative AI Could Reshape B2B Sales,” delves into how AI is revolutionizing sales processes. AI is harnessing automation and delivering personalized insights to enhance productivity, improve the customer experience, and shorten sales cycles. Although the central roles in sales—fostering trust and reducing friction—remain unchanged, AI’s integration paves the way for new growth opportunities and efficiencies. NVIDIA: Leading the Charge in AI Investments In the realm of AI investment, NVIDIA Corporation (NASDAQ: NVDA) emerges as a significant force, consistently hailed as a “Top Pick” by Morgan Stanley. Despite potential short-term demand variations, NVIDIA maintains confidence in its long-term market strength. The company’s persistent innovation in AI-driven solutions underlines a promising future, positioning it as a leader in supporting the burgeoning demand for AI technology. Future Predictions and Market Trends The shift towards B2B AI applications underscores a future where AI is integral to industry innovation. Companies and investors are urged to adopt agile strategies, integrating AI capabilities to thrive in this changing landscape. As QAI, generative AI, and other advanced AI technologies penetrate deeper into B2B domains, the potential for enhancing traditional industry practices becomes increasingly apparent. Sustainability and Security Considerations As AI becomes more embedded in business operations, considerations around sustainability and security are gaining prominence. Ensuring that AI applications are designed with sustainable practices in mind is crucial. Moreover, robust security measures must be implemented to safeguard data integrity and protect against cyber threats, ensuring trust and compliance in AI-driven solutions. By embracing these advancements, businesses can drive economic value and sustain competitive edges in the rapidly evolving market. For more insights into AI technology and trends, visit NVIDIA to explore the latest solutions and applications.
Asana Stock Soars 45% After Earnings. It Was More Than Just Profit and Revenue.MUNICH, Dec. 06, 2024 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. ( OTCQB: SEVCF ) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH or “Sono Motors”) today announced its financial results for the first six months of 2024, highlighting a €60.6 million profit and its recovery following its exit from insolvency earlier this year. Key financial highlights €60.6 million profit: The profit primarily stemmed from the extinguishment of liabilities, parental guarantee reversal and recapitalization and reconsolidation of Sono Motors. Operational efficiency: General and administrative expenses decreased significantly from €8.1 million in H1 2023 to €2.9 million in H1 2024, reflecting leaner operations post-restructuring. Substantial reduction in development expenses: Cost of development expenses decreased by over 96% from €16.0 million in H1 2023 to €0.6 million in H1 2024, reflecting the streamlined focus on retrofitting solar technology onto third party vehicles and the discontinuation of the Sion passenger car program. Strengthened cash position: The Company maintained a cash balance of €2.2 million as of June 30, 2024, which was further enhanced by receipt of the second tranche of funding from YA II PN, Ltd. (“Yorkville”) in September 2024 in the amount of €3.0 million. This funding reinforced the Company's financial stability and supported its operational growth. Six-Month 2024 Milestone Achievements Exiting insolvency: The Company’s wholly-owned subsidiary, Sono Motors, successfully exited its self-administration proceedings in February 2024, marking what the Company believes is a crucial step towards the financial and operational stability of Sono. Additional funding: In H1 2024 Sono received funding commitments of up to €9 million, of which €4 million were received in February 2024 and €3 million in September 2024. Subject to compliance with the terms of the investment, the Company expects the commitments to position it to obtain sufficient funding for its business strategy and operations through June 2025. Commencement of OTCQB trading: On July 2, 2024, the Company's ordinary shares began trading on OTCQB under the symbol "SEVCF," enhancing access for investors and reinforcing shareholder transparency. Recent Updates Green Innovation Award: Sono received the prestigious Green Innovation Award at the Intermobility and Bus Expo (IBE) in Rimini, Italy. The Company believes this accolade highlights the innovative and transformative nature of Sono's solar technology and reinforces its strong position in sustainable mobility solutions. Partnership with Hofmeister & Meincke: Sono is leveraging Hofmeister & Meincke’s strong market presence in Germany and globally to distribute its Solar Bus Kit, Solar Kits for trucks and vans and other solar products to potential customers. A recently completed training program for 80 Hofmeister & Meincke’s sales representatives ensures they are equipped to effectively promote Sono’s innovative solutions, expanding the reach of sustainable mobility technologies. Expanded product portfolio: Sono expanded its portfolio with new options for its solar bus kit, new solar kits for trucks, vans and trailers, as well as high-voltage solar solutions for refrigerated vehicles. These innovative solutions are designed to help fleet operators reduce fuel consumption, lower emissions and cut operational costs, showcasing Sono’s commitment to sustainable and versatile solar applications across various vehicle types. Progress Toward Planned Nasdaq Uplisting: On November 7, 2024, at an extraordinary general meeting of shareholders, key measures to advance Sono's planned uplisting to the Nasdaq Capital Market were approved. These included appointing Owen May to the Supervisory Board, approving amendments to the Articles of Association to meet Nasdaq requirements, and authorizing preferred shares intended to enable potential future conversion of debt into equity. Debt-to-Equity Conversion Term Sheet Signed: Sono has entered into a non-binding term sheet with Yorkville to convert approximately $32 million in outstanding debt into equity through the issuance of preferred shares. This initiative, pending the signing of definitive agreements, strengthens Sono’s balance sheet, reduces default risk, and marks significant progress towards the Company’s planned Nasdaq uplisting. Looking Ahead Managing Director, CEO and CFO George O’Leary said, “We believe our results demonstrate the resilience of our business model and the effectiveness of our strategic pivot to solar retrofit solutions. We see the €60.6 million profit and successful exit from insolvency mark as a key turning point for Sono, setting the stage for sustainable growth.” The Company remains committed to advancing its solar integration technology, providing scalable solutions for the transportation sector and reducing dependence on fossil fuels. For more information about Sono Group N.V., Sono Motors GmbH and their solar solutions, visit sonogroupnv.com and sonomotors.com . ABOUT SONO GROUP N.V. Sono Group N.V. ( OTCQB: SEVCF ) and its wholly-owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. CONTACT: Press: press@sonomotors.com | ir.sonomotors.com/news-events Investors: ir@sonomotors.com | ir.sonomotors.com LinkedIn: https://www.linkedin.com/company/sonogroupnv FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. The words "expect", "anticipate", "intend", "plan", "estimate", "aim", "forecast", "project", "target", “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and Sono Motors (together, the “companies”). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies’ actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: our ability to access the unfunded portion of the investment from YA II PN, Ltd. (“Yorkville”), including our ability to successfully comply with the agreements related thereto and the absence of any termination event or any event of default; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our status as a foreign private issuer under the Securities Exchange Act of 1934; our ability to comply with OTCQB continuing standards, as well as our ability to have our shares admitted to trading on a national stock exchange, including the Nasdaq Capital Market, in the future; our ability to enter into a definitive agreement with Yorkville with respect to the conversion of outstanding debt into equity through the issuance of preferred shares; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F, which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements. FINANCIAL RESULTS (amounts in thousands, except share and per share data) INCOME STATEMENT BALANCE SHEET