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MELBOURNE, Australia and INDIANAPOLIS, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX; Nasdaq: TLX, Telix, the Company) today announces that it has submitted its Biologics License Application (BLA) to the United States (U.S.) Food and Drug Administration (FDA) for TLX250-CDx (Zircaix®1, 89Zr- girentuximab) kidney cancer imaging2. TLX250-CDx is an investigational PET3 drug product for the non-invasive diagnosis and characterization of clear cell renal cell carcinoma (ccRCC), the most common and aggressive form of kidney cancer. If approved, TLX250-CDx will be the first and only targeted PET agent specifically for kidney cancer to be commercially available in the U.S., further building on Telix’s successful urology imaging franchise. The FDA is expected to advise the PDUFA4 goal date following the 60-day administrative review of the application. Kevin Richardson, Chief Executive Officer, Precision Medicine at Telix, stated, “We are pleased to be progressing the BLA for TLX250-CDx, which has been granted Breakthrough designation, and may therefore be eligible for priority review. Telix continues to target a full U.S. commercial launch in 2025 addressing a major unmet medical need for patients with suspected ccRCC.” About TLX250-CDx TLX250-CDx (Zircaix®1) is an investigational PET agent that is under development for the diagnosis and characterization of ccRCC. Telix’s pivotal Phase III ZIRCON trial (ClinicalTrials.gov ID: NCT03849118 ) evaluating TLX250-CDx in 300 patients, of whom 284 were evaluable, met all primary and secondary endpoints, including showing 86% sensitivity and 87% specificity and a 93% positive-predictive value for ccRCC across three independent radiology readers5. Telix believes this demonstrated the ability of TLX250-CDx to reliably detect the clear cell phenotype and provide an accurate, non-invasive method for diagnosing and characterizing ccRCC. Confidence intervals exceeded expectations amongst all three readers, showing evidence of high accuracy and consistency of interpretation. About Telix Pharmaceuticals Limited Telix is a biopharmaceutical company focused on the development and commercialization of diagnostic and therapeutic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia, with international operations in the United States, Europe (Belgium and Switzerland), and Japan. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (Nasdaq: TLX). Telix’s lead imaging product, gallium-68 (68Ga) gozetotide injection (also known as 68Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the U.S. Food and Drug Administration (FDA)6, by the Australian Therapeutic Goods Administration (TGA) 7, and by Health Canada8. No other Telix product has received a marketing authorization in any jurisdiction. Visit www.telixpharma.com for further information about Telix, including details of the latest share price, announcements made to the ASX, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on X and LinkedIn . Telix Investor Relations Ms. Kyahn Williamson Telix Pharmaceuticals Limited SVP Investor Relations and Corporate Communications Email: kyahn.williamson@telixpharma.com This announcement has been authorised for release by the Telix Pharmaceuticals Limited Disclosure Committee on behalf of the Board. Legal Notices You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our registration statement on Form 20-F filed with the SEC, or on our website. The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement. This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialisation of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements. ©2024 Telix Pharmaceuticals Limited. The Telix Pharmaceuticals®, Illuccix® and Zircaix® 1 names and logos are trademarks of Telix Pharmaceuticals Limited and its affiliates – all rights reserved. 1 Brand name subject to final regulatory approval. 2 Telix ASX disclosure 31 July 2024. The FDA requested additional data demonstrating adequate sterility assurance during dispensing of TLX250-CDx in the radiopharmacy production environment. 3 Positron emission tomography. 4 Prescription Drug User Fee Act. 5 Shuch et al. Lancet Oncol. 2024. Telix ASX disclosures 7 November 2022. 6 Telix ASX disclosure 20 December 2021. 7 Telix ASX disclosure 2 November 2021. 8 Telix ASX disclosure 14 October 2022.
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ST. ALBANS CITY — Can you hear the silent sound of turkey’s wings? Thanksgiving must be in the air. Or at least it was during the second episode of the latest podcast released Friday by the Messenger. Functioning as a kind of political palette cleanser, the 40-minute audio piece asks some of the nicest people in St. Albans how to be good to each other during the Thanksgiving season. The episode’s guests are Sunni Tipper, the food programs coordinator at the Fairfield Community Center; Arleigh Young, downtown manager with the City of St. Albans; Joe Halko, former communications director at Northwestern Counseling & Support Services; and KarenMarie Peltier, Back Inn Time owner. Topics covered include some useful tips on how to best set up your space to be welcoming this season, along with a few food prep ideas. Guests also cover the importance of “listening” to a person’s words, body language and culture cues to understand how to make someone feel comfortable, no matter their political persuasion. “Sometimes you have some new individuals who haven't been with the group before, and I think one of the very first things that we need to be cognizant of is to get them involved in being conversational,” Halko said. “So they don't feel like they're an outsider in a group that knows one another pretty well.” Gearing up for gravy The second episode of the “Saint Albans Message” starts off in the Fairfield Community Center’s kitchen before moving forward with a discussion of the spaces we make, the relationships we form and the ways we communicate. Guests also gave a few helpful tips on how to best engage with your loved ones, as many prepare for family traditions centered around Thanksgiving this upcoming weekend. Halko, for example, explained how listening is often much more than passively reacting to vocal cues as it requires people to really take the time to absorb what someone is saying and how they might be saying it. As for the trick to continuing any conversation? Three words. “Tell me more.” “Tell me more. Those three words will help carry conversations that may seem like they’re going to get dormant or stale,” Halko said. “What you’re really saying is, you really do want to hear what they have to say.” The best interactions have respect behind them, Peltier said. As the owner of Back Inn Time, she said she’s worked with some people who aren’t always aware, and they can run roughshod over people when they don’t notice. In some cases, the largest personalities can even dominate a room, making everyone else feel uncomfortable and pushing them to seek out the exits. “That was like a mental workout, trying to bring other people into the conversation, but eventually some of us just kind of meandered off to a different room,” Peltier said. “Sometimes people are not self aware, and so we have to make space.” “We call it reading the room,” Young said. “And there’s a lot to that, and there are a lot of people that aren’t good at reading the room.” Forming family This episode’s podcast guests also came with plenty of useful tips to prevent any potential mishaps around family members. Sometimes, humor can be a strong tool, Tipper said, as it sets the guidelines while making feel comfortable to know they can laugh in a space. “If you’ve set a precedent with your own attitude and you feel comfortable navigating people out of those conversations, it becomes easier than you think,” Tipper said. Setting up a big table helps, too, as it helps bring people together physically, Young added, while good smells can bring a comfortable vibe. But even with all those preparations, Thanksgiving could still turn a corner, Peltier said. She emphasized the need for grace to be able to let things go when someone might say or do something hurtful. “I think it’s more important to look at the long view when I have differences with family members,” Peltier said. “10 years from now, this person is probably not even going to realize the damage they just did.” Alcohol use, or cannabis use, could even exacerbate the issue if it's a part of the family tradition. As Young reminded the group, a bad outcome is always within the realm of possibility. “Sometimes things aren’t going to go 100% alright. And that doesn’t mean it was a bad day,” Young said. “It just means that there was a situation that you couldn’t do anything about. And that happens.” The latest episode can be heard by visiting https://www.youtube.com/watch?v=6M4m672bngwGlobal 3D Animation Market Set For 11.7% Growth, Reaching $38.69 Billion By 2028
NEW YORK — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate” granted to Trump by voters last month. They also cited President Joe Biden’s recent of his son, Hunter Biden, who had been convicted of . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’” Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater “that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump’s attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future.PALISADES TAHOE SKI RESORT — At midnight, a slender moon hangs above the snowy Sierra Nevada, casting only a faint glow on a sheer cliff and the dark canyon below. But snowcat operator “Bandit” Ferrante has laser-guided vision, measuring snow depth 150 feet ahead and to each side to sculpt the slopes with precision. By dawn, crowds will start arriving to ski and ride the weekend’s fresh powder. “These advancements are changing the way we do things,” said Ferrante, 36, who drives a new $400,000 German-made PistenBully rig with Light Detection and Ranging (LiDAR) technology to prepare the trails. “I see exactly where we’re going, and what’s going on.” After two winters of heavy snow, the snowfall so far this winter has been sporadic. While Mother Nature is always fickle, climate change could create less reliable snow, spelling hardship for the businesses and mountain communities that depend on storms for their economic survival. So resorts seek to make and protect each precious flake. Big corporations running Palisades, Heavenly, Northstar, Kirkwood and Mammoth Mountain have made major investments, worth many millions of dollars, in what’s dubbed “snow management.” With some daily lift tickets exceeding $250, the resorts seek to deliver a dependable high-end experience. Initially just farm tractors on tracks, snowcats have evolved into machines of design, detailed craftsmanship and computer-driven tools. Inside the warmth of his cab, with a chatty podcast for company, Ferrante monitors a computer screen with color-coded snow depths, guiding him on where to push and pull snow for the best coverage. Its SNOWsat LiDAR remote sensing technology uses laser pulses to measure snow depth. With accuracy to within an inch, it can construct perfect snowboard half-pipes or World Cup ski race terrain. The joystick that directs the 12-ton machine is smooth, responsive and comfortable to grasp. The blade shifts in 17 different directions, with wings to shovel the snow. With a sensor that detects incline, the powerful tiller automatically rises and falls when routes get steep. It’s turned a once lonely and tedious task into a skill-driven profession. “You keep learning new things,” said Ferrante, a South Lake Tahoe native with nearly 20 years of resort experience. A tidy tattoo — a snowcat control stick — adorns his neck. At competitive “Groomer Games” every spring, representatives of all California ski resorts gather to test their expertise by pushing a golf ball through a maze. Innovations in snow-making tools — such as the $40,000 Super PoleCat — perform alchemy, mixing massive drafts of water, air and electricity to cover miles of runs. Some have built-in automated weather stations. Snowcats maximize the efficiency of snowmaking. Some are simple utility vehicles, hauling things around the mountain. Others are “trooper carriers,” moving ski patrollers. “Dig rigs” have backhoes to excavate buried equipment. A few have forks, for installing fences and seats on race days. The smallest cats are adroit at digging out chairlifts and clearing sidewalks. “You use the right tool for the right job,” said Brendan Gibbons, director of snow surface at Palisades Tahoe. The most prized snowcats at Palisades are the new LiDAR-equipped machines. They are leading the fleets that are racing across the resort this weekend to groom freshly fallen powder, sending information by cell signal to the less well-equipped machines. Until recently, snowcats relied on GPS to measure snow depth; the technology knows how high the machine is sitting above the ground. But this tool offers a limited view of what’s directly under the rig and front blade, not what lies ahead. “It was a great start to this technology, but it only allowed us to see how deep the snow is where we’ve been, and where we are,” said Gibbons. “LIDAR shows us what the snow is before we get to it.” LiDAR also measures the volume of piles of manmade snow, helping guide its use. The tool is already in use in research and government agencies to study snow from the air. It helps water districts measure future water reserves. It can identify avalanche danger. Related Articles France rushes aid to Mayotte after Cyclone Chido leaves hundreds feared dead Despite year of extreme weather, here’s why CT’s climate risk remains lower than other states This winter, don’t forget CT’s birds. Here’s how you can support feathered friends in the cold US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products Central CT health agency considers seeking injunction against noisy trash-to-energy plant It works by sending out up to 200,000 laser pulses per second. Then it measures the time of flight — how long it takes the laser to hit the snow and bounce back to the instrument. It calculates distance by using the known speed of light and the time it takes the laser to travel. In the summer, LiDAR builds a digital model of the bare terrain. In the winter, Bandit and other “night crawlers” creep along the mountain’s cold contours, taking snow measurements. Managers study the freshly updated maps on their phones, then strategize a nighttime plan based on weather, wind, melting and skier traffic. After a long day of wear and tear, LiDAR helps “clean up the holes, remove the moguls and return the slope back to a nice, perfect skiing surface,” said Brian Demarest, SNOWsat manager for Kassbohrer All Terrain Vehicles in Reno, which sells PistenBully (“trail worker,” loosely translated, in German). Snowcats no longer lurch and rock. An eight-hour shift “is like driving to L.A.,” said Gibbons. The snowcat’s taco-shaped blade can turn in 17 different directions. On each side of the blade is a wing that shoves the snow left or right. Its weight compresses the snow as it rolls, squeezing out dangerous air pockets and creating a more firm surface. Each track works independently, so the rig can pivot. Cleats add traction. In the back is a spinning barrel with teeth, which chews up the snow. The barrel’s spin speed is adjustable, influencing how much the flakes heat up and bind to each other. A comb, also adjustable, drags behind to deposit rows of perfect corduroy. Grooming is still dangerous, with peril on slippery and avalanche-prone slopes. One recent winter, when winds hit 192 mph gusts, machines skidded on ice. Ferrante arrives at Palisades in mid-afternoon from his home in Garnerville, Nevada, to get his assignment for the night’s “swing shift.” When he’s done, he’ll hand it off to a colleague on the graveyard shift that grooms until the lifts open. By 5 a.m., he’s in bed. “I don’t get lonely,” said Ferrante, who drinks a thermos of black tea to stay alert. Food can be heated by the exhaust pipe. Throughout the long night hours, operators coordinate with each other, traveling together when there’s avalanche danger. A winch can help secure a machine, allowing it to work on steep slopes. Ferrante sees coyotes, deer, porcupines, and occasional bear. One crew saw migrating ducks fall from the sky, lost in a storm. His crew started the season with “track packing” to compress November’s snow. Now, with the arrival of a new storm, he’ll push snow into rigid “wind rows,” like fences, to catch blowing drifts; later teams will smooth them out. Post-storm priorities are roads, then ramps, then runs. His discipline, largely unrecognized by resort visitors, is building the foundation for a whole season of sport. “There is a ‘skill ceiling’ that’s infinite,” said Ferrante. “You’re never going to be the very best. You’re never going to figure it all out.”
London, United Kingdom, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Tavia Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 10,000,000 units, at a price of $10.00 per unit. The units are expected to commence trading on December 4, 2024 on the Nasdaq Global Market under the symbol “TAVIU.” The Company is strategically focused on sectors pivotal to advancing sustainability and innovation, including energy transition and critical materials, circular economy initiatives, and innovative agricultural and food technologies. Each unit consists of one ordinary share and one right entitling the holder thereof to receive one-tenth of one ordinary share upon the completion of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on the Nasdaq Global Market under the symbols “TAVI” and “TAVIR,” respectively. EarlyBirdCapital, Inc. is serving as the sole book-running manager of the offering. The underwriters have been granted a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on or about December 5, 2024, subject to customary closing conditions. A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission (the “SEC”) on December 3, 2024. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting EarlyBirdCapital, Inc. at 366 Madison Avenue, 8 th Floor, New York, New York 10017, Attention: Syndicate Department, by telephone at 212-661-0200. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Tavia Acquisition Corp. Tavia Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities. The Company is led by Chief Executive Officer Kanat Mynzhanov and Chief Financial Officer Askar Mametov, along with independent directors, Christophe Charlier, Darrell Mays, and Marsha Kutkevich. The Company’s team brings substantial expertise in deal sourcing, investing, and operations. The Company may pursue a business combination with a target in any industry or geographic location it chooses, although it intends to primarily direct its attention on target businesses in North America and Europe focused on energy transition, the circular economy, and food technologies. The Company believes these areas are critical to addressing environmental challenges, demographic shifts, and the transition towards sustainable practices. Forward-Looking Statements This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including with respect to the initial public offering and the anticipated use of the proceeds thereof, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the risk factors section of the registration statement and preliminary prospectus for the Company’s initial public offering. Copies of these documents can be accessed through the SEC’s website at www.sec.gov . No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law. Media Contact: Tavia Acquisition Corp. info@tavia.co
Trump team signs agreement to allow Justice to conduct background checks on nominees, staffBillionaire Elon Musk, tapped by US President-elect Donald Trump to slash federal government spending, lashed out at modern fighter jets on Monday, saying that drones were the future of air combat. “Manned fighter jets are obsolete in the age of drones anyway. Will just get pilots killed,” said the head of SpaceX, Tesla and X, in a post on his social media platform. Musk singled out the F-35 — a next-generation fighter jet manufactured by US-based Lockheed Martin that entered service in 2015 — for criticism. “Meanwhile, some idiots are still building manned fighter jets like the the F-35,” he posted, alongside a video of hundreds of drones hovering in formation in the sky. The F-35, the world’s most advanced fighter, is stealth capable and can also be used to gather intelligence. Germany, Poland, Finland and Romania have all recently signed deals for the aircraft. Its development, however, has suffered from issues, notably in the design of its computer programs, and its very high operating costs are regularly criticized by its detractors. “The F-35 design was broken at the requirements level, because it was required to be too many things to too many people,” said Musk on Monday, calling it “an expensive (and) complex jack of all trades, master of none.” For Mauro Gilli, a researcher at the Swiss Federal Institute of Technology in Zurich, “what makes the F-35... expensive is the software and the electronics, not the pilot per se.” This is significant “because a reusable drone would need to get all that flashy electronics of an F-35,” he said on X. He also pointed out that the existence of the F-35 had forced US rivals to develop their own aircraft and advanced radar to match it. “By simply existing, the F-35 and the B-1 force Russia and China into strategic choices they would not have to make otherwise (i.e. budget allocations),” Gilli said, referring to B-1 heavy bomber aircraft. “Even if Musk were right (and he is not), deleting the programs would relax these constraints on them.”
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PALISADES TAHOE SKI RESORT — At midnight, a slender moon hangs above the snowy Sierra Nevada, casting only a faint glow on a sheer cliff and the dark canyon below. But snowcat operator “Bandit” Ferrante has laser-guided vision, measuring snow depth 150 feet ahead and to each side to sculpt the slopes with precision. By dawn, crowds will start arriving to ski and ride the weekend’s fresh powder. “These advancements are changing the way we do things,” said Ferrante, 36, who drives a new $400,000 German-made PistenBully rig with Light Detection and Ranging (LiDAR) technology to prepare the trails. “I see exactly where we’re going, and what’s going on.” After two winters of heavy snow, the snowfall so far this winter has been sporadic. While Mother Nature is always fickle, climate change could create less reliable snow, spelling hardship for the businesses and mountain communities that depend on storms for their economic survival. So resorts seek to make and protect each precious flake. Big corporations running Palisades, Heavenly, Northstar, Kirkwood and Mammoth Mountain have made major investments, worth many millions of dollars, in what’s dubbed “snow management.” With some daily lift tickets exceeding $250, the resorts seek to deliver a dependable high-end experience. Initially just farm tractors on tracks, snowcats have evolved into machines of design, detailed craftsmanship and computer-driven tools. Inside the warmth of his cab, with a chatty podcast for company, Ferrante monitors a computer screen with color-coded snow depths, guiding him on where to push and pull snow for the best coverage. Its SNOWsat LiDAR remote sensing technology uses laser pulses to measure snow depth. With accuracy to within an inch, it can construct perfect snowboard half-pipes or World Cup ski race terrain. The joystick that directs the 12-ton machine is smooth, responsive and comfortable to grasp. The blade shifts in 17 different directions, with wings to shovel the snow. With a sensor that detects incline, the powerful tiller automatically rises and falls when routes get steep. It’s turned a once lonely and tedious task into a skill-driven profession. “You keep learning new things,” said Ferrante, a South Lake Tahoe native with nearly 20 years of resort experience. A tidy tattoo — a snowcat control stick — adorns his neck. At competitive “Groomer Games” every spring, representatives of all California ski resorts gather to test their expertise by pushing a golf ball through a maze. Innovations in snow-making tools — such as the $40,000 Super PoleCat — perform alchemy, mixing massive drafts of water, air and electricity to cover miles of runs. Some have built-in automated weather stations. Snowcats maximize the efficiency of snowmaking. Some are simple utility vehicles, hauling things around the mountain. Others are “trooper carriers,” moving ski patrollers. “Dig rigs” have backhoes to excavate buried equipment. A few have forks, for installing fences and seats on race days. The smallest cats are adroit at digging out chairlifts and clearing sidewalks. “You use the right tool for the right job,” said Brendan Gibbons, director of snow surface at Palisades Tahoe. The most prized snowcats at Palisades are the new LiDAR-equipped machines. They are leading the fleets that are racing across the resort this weekend to groom freshly fallen powder, sending information by cell signal to the less well-equipped machines. Until recently, snowcats relied on GPS to measure snow depth; the technology knows how high the machine is sitting above the ground. But this tool offers a limited view of what’s directly under the rig and front blade, not what lies ahead. “It was a great start to this technology, but it only allowed us to see how deep the snow is where we’ve been, and where we are,” said Gibbons. “LIDAR shows us what the snow is before we get to it.” LiDAR also measures the volume of piles of manmade snow, helping guide its use. The tool is already in use in research and government agencies to study snow from the air. It helps water districts measure future water reserves. It can identify avalanche danger. Related Articles Mexico study’s surprising finding: Killer heat hit harder for the young than the elderly World’s oldest-known wild bird lays an egg in Hawaii at age 74 Blue states prepare for battle over Trump’s environmental rollbacks Seven states’ Colorado River negotiators, all at same conference, didn’t meet together: “Tensions are extremely high” EPA hails ‘revitalized’ enforcement efforts as Biden administration heads to exit It works by sending out up to 200,000 laser pulses per second. Then it measures the time of flight — how long it takes the laser to hit the snow and bounce back to the instrument. It calculates distance by using the known speed of light and the time it takes the laser to travel. In the summer, LiDAR builds a digital model of the bare terrain. In the winter, Bandit and other “night crawlers” creep along the mountain’s cold contours, taking snow measurements. Managers study the freshly updated maps on their phones, then strategize a nighttime plan based on weather, wind, melting and skier traffic. After a long day of wear and tear, LiDAR helps “clean up the holes, remove the moguls and return the slope back to a nice, perfect skiing surface,” said Brian Demarest, SNOWsat manager for Kassbohrer All Terrain Vehicles in Reno, which sells PistenBully (“trail worker,” loosely translated, in German). Snowcats no longer lurch and rock. An eight-hour shift “is like driving to L.A.,” said Gibbons. The snowcat’s taco-shaped blade can turn in 17 different directions. On each side of the blade is a wing that shoves the snow left or right. Its weight compresses the snow as it rolls, squeezing out dangerous air pockets and creating a more firm surface. Each track works independently, so the rig can pivot. Cleats add traction. In the back is a spinning barrel with teeth, which chews up the snow. The barrel’s spin speed is adjustable, influencing how much the flakes heat up and bind to each other. A comb, also adjustable, drags behind to deposit rows of perfect corduroy. Grooming is still dangerous, with peril on slippery and avalanche-prone slopes. One recent winter, when winds hit 192 mph gusts, machines skidded on ice. Ferrante arrives at Palisades in mid-afternoon from his home in Garnerville, Nevada, to get his assignment for the night’s “swing shift.” When he’s done, he’ll hand it off to a colleague on the graveyard shift that grooms until the lifts open. By 5 a.m., he’s in bed. “I don’t get lonely,” said Ferrante, who drinks a thermos of black tea to stay alert. Food can be heated by the exhaust pipe. Throughout the long night hours, operators coordinate with each other, traveling together when there’s avalanche danger. A winch can help secure a machine, allowing it to work on steep slopes. Ferrante sees coyotes, deer, porcupines, and occasional bear. One crew saw migrating ducks fall from the sky, lost in a storm. His crew started the season with “track packing” to compress November’s snow. Now, with the arrival of a new storm, he’ll push snow into rigid “wind rows,” like fences, to catch blowing drifts; later teams will smooth them out. Post-storm priorities are roads, then ramps, then runs. His discipline, largely unrecognized by resort visitors, is building the foundation for a whole season of sport. “There is a ‘skill ceiling’ that’s infinite,” said Ferrante. “You’re never going to be the very best. You’re never going to figure it all out.”Mayor Ken Sim says abolition of elected park board will mean $70M in savings10 gadget gift ideas to help you tech the halls this year
None199 Cuban doctors arrive in Mexico; they will work in IMSS Bienestar hospitals
Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO Announces Plan to Sell Off-Highway Business Initiates $200 Million Cost Reduction Plan Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow MAUMEE, Ohio , Nov. 25, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald , a member of the Dana Board of Directors, as Chairman and Chief Executive Officer, effective immediately. Mr. McDonald's appointment follows the retirement of James Kamsickas as Chief Executive Officer and his departure from the Board. Mr. Kamsickas will remain as an advisor to the Company through March 2025 to support the transition. The Board has retained a leading executive search firm to identify the Company's next permanent CEO. Keith Wandell , Dana's Lead Independent Director, said, "Jim is an exceptional leader with more than 18 years as a CEO in the industry. He led Dana through one of the industry's most challenging periods while successfully building a high-performance culture, enabling a world-class manufacturing company and assembling a portfolio of leading products and technologies. The Board and Jim agreed that now is the right time to transition the leadership of Dana, and we thank Jim for his many contributions over his nine years leading the Company and wish him all the best." Mr. Kamsickas said, "I am proud of the work the Dana team has done over the past decade to grow revenues and successfully enhance the technology to serve all mobility markets no matter what type of propulsion they may use. It has been an honor to lead this talented global team during that time and I am confident the Company is well positioned for the future." Mr. Wandell continued, "We continue to have confidence in the long-term opportunity in the mobility industry, however it is undergoing a significant transformation, including protracted cost pressures and demand uncertainty. To address these challenges and deliver more value to customers and shareholders, Dana is taking action to streamline the business, unlock the value of its Off-Highway business and further reduce costs. Bruce is an experienced public company CEO in our industry with significant M&A expertise, and we are confident that he is the right person to oversee this transformation while the Board conducts a search for a permanent successor." Plan to Sell Off-Highway Business Dana today also announced it has engaged financial advisors Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to sell its Off-Highway business, which the Board believes will unlock substantial value for shareholders. The Off-Highway business provides drive and motion systems for heavy-duty vehicles in markets such as agriculture, materials handling, mining, construction and forestry. A sale will position Dana with a streamlined go-to-market approach focused on serving its light and commercial vehicle customers, with traditional and electrified products that are largely shared across the remaining portfolio. Proceeds from a potential sale will enable Dana to strengthen its balance sheet through substantially reduced leverage, and to return capital to shareholders. While the Company and its advisors believe there is strong interest in the Off-Highway business, there can be no assurance that the sale process for Off-Highway will result in a transaction. There is no timeframe for the conclusion of the process, and the Company does not intend to comment further regarding this matter unless and until further disclosure is determined to be appropriate. Cost Reduction Actions While Dana continues to improve its profitability in a challenging operating environment, the Company announced further actions to support sustained long-term profitability and enhanced cash flow generation. This includes substantial reductions in selling, general & administrative costs across all the Company's businesses and engineering expenses to match current industry dynamics, including the ongoing delay in the adoption of electric vehicles. The Company expects to deliver annualized savings of approximately $200 million by 2026. Furthermore, the Company plans to reduce capital spending to reflect the revised market demand for electric vehicles. Bruce McDonald , Chief Executive Officer said, "Dana is committed to a strategy that accelerates value creation and has taken action to flex its cost structure and generate efficiencies by leveraging its core strengths through current market conditions. It is clear that further actions are needed, and I am confident that the new incremental cost reductions, paired with the benefits of a potential Off-Highway sale, will enhance shareholder value. Following the Off-Highway business sale, we believe Dana will have an adjusted EBITDA margin and free cash flow margin in excess of current levels." Mr. McDonald continued, "Dana is differentiated by leading technology innovation and a track record of continuous improvement. My conviction in our businesses, the team and the opportunities to capitalize on the EV transition over the long term remain strong. I look forward to stepping into my new role as CEO at such an important time for Dana and will work diligently alongside the Board and management team to deliver on these actions and drive value for Dana shareholders." Reaffirms 2024 Full-Year Guidance Ranges Dana is also reaffirming its previously announced guidance ranges for sales of $10.2 to $10.4 billion , Adjusted EBITDA of $855 to $895 million and free cash flow of $90 to $110 million for full year 2024, as outlined in the Company's third quarter 2024 earnings announcement on October 30, 2024 . About R. Bruce McDonald R. Bruce McDonald is a senior executive with over 30 years of experience in the automotive and manufacturing industries and significant expertise. Mr. McDonald has been a member of the Dana Board of Directors since 2014. He is also the retired chairman and chief executive officer of Adient plc., a global mobility supplier. He previously served as executive vice president and vice chairman of Johnson Controls, Inc., a global manufacturer of automotive, power and building solutions from 2014 to 2016. Mr. McDonald also served as executive vice president and chief financial officer of Johnson Controls from 2005 to September 2014 . Before joining Johnson Controls as vice president and corporate controller in 2001, he was vice president for finance at TRW Automotive. Prior to his appointment as Chairman of the Board, Mr. McDonald served on Dana's Audit Committee and as chair of the Nominating and Corporate Governance Committee. Forward-Looking Statements Certain statements and projections contained in this news release are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates, and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," and similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties, and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. Dana's Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss important risk factors that could affect our business, results of operations and financial condition. The forward-looking statements in this news release speak only as of this date. Dana does not undertake any obligation to revise or update publicly any forward-looking statement for any reason. About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions. Based in Maumee, Ohio , USA, the company reported sales of $10.6 billion in 2023 with 42,000 people in 31 countries across six continents. With a history dating to 1904, Dana was named among the "World's Most Ethical Companies" for 2023 and 2024 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer. Learn more at dana.com . Craig Barber , +1-419-699-4990, craig.barber@dana.com View original content to download multimedia: https://www.prnewswire.com/news-releases/dana-announces-leadership-transition-and-actions-to-accelerate-value-creation-302315797.html SOURCE Dana Incorporated
FBI Tells Telecom Firms to Boost Security Following Wide-Ranging Chinese Hacking CampaignReal Madrid suffered a 2-1 LaLiga defeat at Athletic Bilbao as Kylian Mbappe missed from the penalty spot again. Alex Berenguer prodded the hosts ahead after 53 minutes before Mbappe – who failed to convert a Champions League penalty against Liverpool last week – sent his kick too close to Bilbao goalkeeper Julen Agirrezabala. Jude Bellingham appeared to have rescued a point for Real after scoring for the fourth successive league game 12 minutes from time. 📸 PORTERAZO. JULEN, JULEN! JULEN JULEN! #AthleticRealMadrid #AthleticClub 🦁 pic.twitter.com/w260s6xo79 — Athletic Club (@AthleticClub) December 4, 2024 But Federico Valverde’s mistake two minutes later gifted Gorka Guruzeta the winner in front of a delirious San Mames crowd. On a busy night of second-round Copa del Rey action, Villarreal suffered a shock 1-0 defeat at Pontevedra while there were wins for Real Betis, Rayo Vallecano and Valencia. Fiorentina went out of the Coppa Italia to Empoli on penalties on an emotional night at Stadio Artemio Franchi. Viola were back in action after Edoardo Bove’s health scare forced their weekend league fixture with Inter Milan to be abandoned during the first half. Midfielder Bove collapsed on the pitch and required emergency medical treatment. He was taken to hospital but regained consciousness in intensive care. Esposito's penalty books Empoli's place in the next round 💪 #FiorentinaEmpoli pic.twitter.com/UUxghH9l6b — Lega Serie A (@SerieA_EN) December 4, 2024 Empoli led at half-time through Emmanuel Ekong’s fourth-minute opener before Moise Kean and Riccardo Sottil put Fiorentina ahead. Sebastiano Esposito struck 15 minutes from time to make it 2-2 and take the last-16 tie into extra time, Empoli eventually winning 4-3 on penalties. Benjamin Sesko opened the scoring and Luis Openda struck twice as RB Leipzig brushed aside Eintracht Frankfurt 3-0 in the German DFB Pokal. Second-half goals from Denis Vavro, Jonas Wind and Yannick Gerhardt saw Wolfsburg beat Hoffenheim 3-0. Cologne knocked out Hertha Berlin 2-1 after extra time with Dejan Ljubicic converting a penalty in the final seconds, while Augsburg prevailed 5-4 on penalties against Karlsruhe after a 2-2 draw. We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate.With early signing day just a couple of weeks away, the Utah Utes are out on the recruiting trail, looking to put together another solid class. However, with most programs across the country focusing on the 2025 class, the Utes made sure to do a little extra credit and look ahead to the 2028 class. As revealed on social media on Sunday, the Utes have officially offered a scholarship to the son of former Utah and NFL star safety Eric Weddle, Gaige. There aren't any rankings for the 2028 class yet, but Gaige Weddle has been a two-way star at Rancho Bernardo High School (CA). As a freshman on varsity, Weddle has thrown for 1,115 yards with 12 touchdowns to two interceptions, while also rushing for 635 yards and nine touchdowns. On the side of the ball where his father made all of his money, Weddle has racked up 90 total tackles, one interception and a forced fumble. Rob Gray-Imagn Images While getting an offer from your father's alma mater is already special, the Utes being your first offer makes it that much better. While he has some big shoes to fill with his father being named a consensus All-American at Utah, five All-Pro teams in the NFL, and winning a Super Bowl, the younger Weddle clearly has star potential written all over him. As for the older Weddle, he retired from the NFL after winning a Super Bowl with the Los Angeles Rams in 2021. He started his career as a second-round pick by San Diego Chargers.
Donald Trump ’s picks for a second term Cabinet were supposed to illuminate what a MAGA presidency free of guardrails would look like. Many of his picks have been surprising, some controversial . His initial announcements were giveaways to his base — Matt Gaetz, then Pam Bondi for AG; Tulsi Gabbard for director of national intelligence ; RFK Jr at HHS . But as the process continues , one familiar theme has emerged: the willingness of the incoming president to spurn committed right-wing ideologues within his party . The first clue was his selection of Marco Rubio to lead the State Department. A relatively centrist Republican senator who is a supporter of military aid to Ukraine and Israel, Rubio’s pick was seen as a blow to the isolationist wing of the party, which Trump has long been seen as championing. The Florida senator is facing accusations of being a “neocon” from the likes of Alex Jones, Ron Paul, and even RFK Jr, who The Hill reports is lobbying Trump to select someone else for the job. Rubio is just one nominee. But several of Trump’s other Cabinet -level picks are also rankling people who were hoping that a Trump victory would mean a return to power for a vision of the American right wing that never took into account the realities of MAGA-world and Trump himself. The Republican Party still struggles to wrestle with how Trump-style populism — sometimes isolationist, sometimes pro-labor, and infrequently consistent — fits in to the GOP ’s overall ideology. And vice versa. Scott Bessent’s nomination for Treasury is another key example. His selection on Friday came despite public lobbying against him specifically carried out by Elon Musk and murmurs about his connections to Democrat-supporting billionaire George Soros on the right. Other Republican figures have sounded off over his pick to run the Labor Department, Lori Chavez-DeRemer, over her support for the union-boosting Pro Act. But maybe Trump’s worst transgression against the far-right: his pick for Surgeon General. Yes: what is typically an apolitical appointment is now provoking rage among two key groups of voters who backed the incoming president in 2024, the anti-mask, anti-lockdown Covid-skeptic crowd (in all its various shades), and the anti-abortion evangelical and Catholic right. Many of the former crowd in particular gravitated towards Ron DeSantis in the 2024 GOP primary after he emerged as a vocal opponent of mask mandates and other public health guidelines while serving as Florida’s governor in 2020 and 2021. Dr Janette Nesheiwat’s nomination enrages both camps. A clip of Nesheiwat appearing on the Fox Business Network is spreading in right-wing circles; in the video, she expresses support for Facebook’s efforts to tamp down on vaccine and Covid conspiracies — a huge no-no for a segment of the population which adamantly refused to comply with mask mandates, social distancing requirements and protested the closure of schools when the virus was killing hundreds of thousands of Americans. Her Twitter/X post serving as the announcement of her intended appointment was immediately besieged by Trump supporters demanding that she refuse the position. “Watch your step, Janette. We don’t trust you,” wrote The Blaze host Sara Gonzales. If this feels familiar, it’s because Donald Trump has spent the past year making various decisions and statements which similarly enraged or otherwise spun up various groups of voters that make up the right flank of the GOP. That same willingness to disappoint hardline conservative Republicans — at least, the ones who pay attention to the day-to-day of the political news cycle — was evident throughout the 2024 campaign. The anti-abortion right frequently takes the brunt of it; Trump spurned them, and former rival DeSantis, when he refused to endorse Florida’s six-week abortion ban. His stance against legislation to ban abortion at the federal level angered that group, too. But the comparatively uncontroversial selections for Cabinet positions following a few initial outliers raises another question: is the president-elect attempting to build political capital with the Senate? And for what purpose? With the Trump administration reportedly plotting a massive day-one push on immigration, one that will likely rely on Congress in some form for changes to law and funding which can only be provided through the Legislative Branch, we may have that answer in the weeks ahead.
A RESORT-HOTEL casino has sold 250,000 shares of the parent’s stock at market price, “as a reward” to “loyal patrons.” This was learned from a recent filing by the parent company to the Philippine Stock Exchange. Bloomberry Resorts and Hotels Inc. sold the 0.25 million shares at P4.57 each earlier this month. The total was just over P1.14 million. “These shares shall be given as a reward to Solaire’s loyal patrons and as part of Solaire’s marketing program,” the Bloomberry group said. The Bloomberry group developed and operates Solaire Resort & Casino at Entertainment City in Parañaque. In May this year, the group launched a new casino complex, Solaire Resort North, at Vertis, Quezon City. Australian casino industry veteran Greg Hawkins, the Bloomberry Resorts executive in charge of Solaire North, was named as acting chief operating officer (COO) of Bloomberry Resorts and Hotels last week. Hawkins was appointed following the resignation of Thomas Arasi as group president and chief operating officer. Rizal Raoul S. Reyes has covered technology, science, business, property and special reports. He had working stints with the Business Star, Manila Bulletin and Independent Daily News.Students of Army Institute of Technology win big at ‘Smart India Hackathon 2024’
White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign