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card game 5 crowns The BJP-led alliance, Mahayuti, is cruising its way to a massive victory in the Maharashtra Assembly Elections 2024. As per the Election Commission trends, the BJP is leading on 129 of 148 seats it contested in the 2024 state polls. The party has already won eight seats as of 2:30 pm on Saturday. If actual results are the same as the current trend, this would be the first time since 1990 that a party would win more than 100 seats. Overall, the Mahayuti is likely to win more than 200 seats in the 288-member Maharashtra Assembly. The MVA is leading on just over 55 seat. A political party or an alliance must win 145 seats of the 288 in the Maharashtra Assembly. The Mahayuti comprises the BJP, Eknath Shinde's Shiv Sena, Ajit Pawar's NCP, JSS, RSVA, and RYSP. The MVA has the Congress, Uddhav Thackeray's Shiv Sena (UBT), and Sharad Pawar's NCP-SP and PWPI as constituents. The backroom boys Amid Mahayuti's anticipated landslide win, the names of two Union ministers are doing the rounds. They are believed to be the "architects" of the BJP's massive victory in the Maharashtra polls. Maharashtra Deputy Chief Minister Devendra Fadnavis also thanked them while addressing his press conference on Saturday. The two leaders were Bhupender Yadav and Ashwini Vaishnaw. They were in charge and co-incharge, respectively, of the Maharashtra election for the BJP. They were appointed as the in-charge soon after the BJP-led NDA's victory in the Lok Sabha Elections 2024. Bhupender Yadav and Ashwini Vaishnaw have worked extensively behind the scenes, away from the limelight. According to reports, when Union Home Minister Amit Shah released the BJP manifesto in Mumbai on November 10, the two senior leaders sat in the audience. The challenge In the 2024 Lok Sabha Elections held in June this year, the BJP faced a major setback by winning just nine of the 38 Lok Sabha seats in Maharashtra, while its rival, the Congress, emerged as single-largest party with 13 seats. This upset the Mahayuti, which is already in power in the state, and also posed a big challenge for the alliance in the Maharashtra Assembly Elections held in November. Bhupender Yadav and Ashwini Vaishnaw seem to have successfully overcome this challenge. The two union ministers have also been credited for leading the BJP to victory in Madhya Pradesh last year. Who are Bhupender Yadav and Ashwini Vaishnaw Bhupendra Yadav is considered a close aide of Union Home Minister Amit Shah. Yadav, who is a BJP leader from Rajasthan, has a good hold in several other states, including Rajasthan, Uttar Pradesh, and Bihar. Yadav was BJP’s election co-in-charge for the Assembly polls of Rajasthan (2013) and Jharkhand (2014) and in-charge for Gujarat. He was the in-charge for the 2019 Lok Sabha election and 2020 Bihar Legislative Assembly elections. This is the first time that he took charge of a western state like Maharashtra and led the party to victory. Yadav is currently the Union Cabinet Minister for Environment, Forest and Climate Change. He is a Member of Parliament from the Lok Sabha constituency of Alwar, and was Rajya Sabha MP from 2012. Meanwhile, Ashwini Vaishnaw is currently the Minister for Railways, Information & Broadcasting, Electronics and Information Technology. He served the people of Sundergarh, Balasore, Cuttack and Goa. He earned Master’s in Technology from IIT Kanpur and MBA from Wharton. Vaishnaw brings a combination of skills in technology, finance and its application to weakest sections of society. He firmly believes in the philosophy of ‘Antyodaya’, i.e. transforming the lives of the marginalized sections of society, its profile on Government of India's website reads. The setback The BJP celebrated its win in Maharashtra. At the same time, the party is likely to suffer a setback in the Jharkhand Assembly Elections 2024. This may come as a shock Shivraj Singh Chouhan and Assam CM Himanta Hiswa Sarma, who were in charge of the elections there.Avior Wealth Management LLC decreased its position in STERIS plc ( NYSE:STE – Free Report ) by 11.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,036 shares of the medical equipment provider’s stock after selling 133 shares during the quarter. Avior Wealth Management LLC’s holdings in STERIS were worth $251,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STE. Ashton Thomas Securities LLC purchased a new position in shares of STERIS during the third quarter valued at approximately $25,000. Central Pacific Bank Trust Division purchased a new position in shares of STERIS during the 3rd quarter worth $28,000. Quent Capital LLC lifted its stake in shares of STERIS by 112.7% during the 1st quarter. Quent Capital LLC now owns 134 shares of the medical equipment provider’s stock worth $30,000 after purchasing an additional 71 shares during the period. Versant Capital Management Inc boosted its holdings in shares of STERIS by 2,262.5% during the second quarter. Versant Capital Management Inc now owns 189 shares of the medical equipment provider’s stock worth $41,000 after purchasing an additional 181 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in shares of STERIS by 154.7% in the second quarter. Brown Brothers Harriman & Co. now owns 191 shares of the medical equipment provider’s stock valued at $42,000 after purchasing an additional 116 shares during the period. 94.69% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of analysts have issued reports on the company. Stephens reissued an “overweight” rating and issued a $260.00 price target on shares of STERIS in a research note on Thursday, November 7th. JMP Securities reissued a “market outperform” rating and issued a $265.00 target price on shares of STERIS in a research report on Monday, November 18th. KeyCorp upped their price target on shares of STERIS from $255.00 to $265.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 3rd. Needham & Company LLC reiterated a “hold” rating on shares of STERIS in a report on Friday, November 8th. Finally, Piper Sandler upgraded STERIS from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $230.00 to $260.00 in a report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $253.00. STERIS Price Performance STE opened at $214.34 on Friday. STERIS plc has a 52-week low of $195.47 and a 52-week high of $248.24. The company has a 50 day moving average of $227.89 and a two-hundred day moving average of $228.49. The company has a market cap of $21.16 billion, a P/E ratio of 48.94 and a beta of 0.85. The company has a quick ratio of 1.55, a current ratio of 2.41 and a debt-to-equity ratio of 0.33. STERIS ( NYSE:STE – Get Free Report ) last announced its quarterly earnings results on Wednesday, November 6th. The medical equipment provider reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.02. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.33 billion. STERIS had a return on equity of 13.78% and a net margin of 8.02%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.03 EPS. On average, analysts expect that STERIS plc will post 9.15 earnings per share for the current year. STERIS Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Tuesday, November 19th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Tuesday, November 19th. STERIS’s dividend payout ratio is presently 52.05%. Insider Buying and Selling at STERIS In other STERIS news, CFO Michael J. Tokich sold 23,332 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $247.00, for a total value of $5,763,004.00. Following the completion of the transaction, the chief financial officer now directly owns 42,930 shares of the company’s stock, valued at $10,603,710. This represents a 35.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . 1.14% of the stock is owned by corporate insiders. STERIS Company Profile ( Free Report ) STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in the operating room, including surgical tables, lights, and connectivity solutions, as well as equipment management services. See Also Receive News & Ratings for STERIS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STERIS and related companies with MarketBeat.com's FREE daily email newsletter .

20 Years Ago, Nintendo's Most Inventive Console Revealed Today's Weird FutureKBC Group NV raised its stake in Albany International Corp. ( NYSE:AIN – Free Report ) by 28.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,058 shares of the textile maker’s stock after buying an additional 237 shares during the period. KBC Group NV’s holdings in Albany International were worth $94,000 at the end of the most recent quarter. A number of other hedge funds have also added to or reduced their stakes in AIN. Hilltop National Bank lifted its stake in Albany International by 14.7% in the second quarter. Hilltop National Bank now owns 1,045 shares of the textile maker’s stock worth $88,000 after acquiring an additional 134 shares during the period. GAMMA Investing LLC raised its stake in Albany International by 27.4% in the second quarter. GAMMA Investing LLC now owns 674 shares of the textile maker’s stock worth $57,000 after buying an additional 145 shares in the last quarter. Creative Planning lifted its holdings in Albany International by 3.0% during the second quarter. Creative Planning now owns 5,018 shares of the textile maker’s stock worth $424,000 after buying an additional 147 shares during the period. Arizona State Retirement System increased its holdings in shares of Albany International by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 8,744 shares of the textile maker’s stock valued at $738,000 after acquiring an additional 175 shares during the period. Finally, Dakota Wealth Management raised its position in shares of Albany International by 1.5% in the 2nd quarter. Dakota Wealth Management now owns 13,211 shares of the textile maker’s stock worth $1,116,000 after acquiring an additional 195 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors. Albany International Stock Up 2.7 % AIN stock opened at $84.78 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.68 and a debt-to-equity ratio of 0.36. Albany International Corp. has a 52 week low of $67.39 and a 52 week high of $99.41. The stock has a market capitalization of $2.65 billion, a PE ratio of 25.81, a price-to-earnings-growth ratio of 2.69 and a beta of 1.29. The firm has a 50 day moving average of $78.90 and a 200 day moving average of $84.64. Wall Street Analyst Weigh In AIN has been the topic of several analyst reports. TD Cowen cut their target price on Albany International from $95.00 to $81.00 and set a “buy” rating on the stock in a research note on Friday, October 4th. Truist Financial reduced their price objective on shares of Albany International from $91.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, November 1st. StockNews.com downgraded shares of Albany International from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Bank of America reduced their price target on Albany International from $90.00 to $80.00 and set an “underperform” rating on the stock in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.50. Read Our Latest Stock Report on Albany International Insider Buying and Selling at Albany International In other Albany International news, CEO Gunnar Kleveland purchased 1,400 shares of the stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of $71.25 per share, with a total value of $99,750.00. Following the completion of the acquisition, the chief executive officer now owns 8,284 shares in the company, valued at $590,235. This trade represents a 20.34 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, SVP Robert Alan Hansen acquired 1,050 shares of Albany International stock in a transaction on Tuesday, November 5th. The shares were bought at an average price of $71.26 per share, with a total value of $74,823.00. Following the purchase, the senior vice president now directly owns 8,387 shares in the company, valued at approximately $597,657.62. The trade was a 14.31 % increase in their position. The disclosure for this purchase can be found here . In the last 90 days, insiders have bought 3,450 shares of company stock worth $245,813. 0.76% of the stock is currently owned by insiders. About Albany International ( Free Report ) Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. Recommended Stories Want to see what other hedge funds are holding AIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Albany International Corp. ( NYSE:AIN – Free Report ). Receive News & Ratings for Albany International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albany International and related companies with MarketBeat.com's FREE daily email newsletter .

Ending the reoffending cycle: New Niagara transition program aims at helping freed prisoners rejoin societyKing Charles laughs at Donald Trump

The BJP-led alliance, Mahayuti, is cruising its way to a massive victory in the Maharashtra Assembly Elections 2024. As per the Election Commission trends, the BJP is leading on 129 of 148 seats it contested in the 2024 state polls. The party has already won eight seats as of 2:30 pm on Saturday. If actual results are the same as the current trend, this would be the first time since 1990 that a party would win more than 100 seats. Overall, the Mahayuti is likely to win more than 200 seats in the 288-member Maharashtra Assembly. The MVA is leading on just over 55 seat. A political party or an alliance must win 145 seats of the 288 in the Maharashtra Assembly. The Mahayuti comprises the BJP, Eknath Shinde's Shiv Sena, Ajit Pawar's NCP, JSS, RSVA, and RYSP. The MVA has the Congress, Uddhav Thackeray's Shiv Sena (UBT), and Sharad Pawar's NCP-SP and PWPI as constituents. The backroom boys Amid Mahayuti's anticipated landslide win, the names of two Union ministers are doing the rounds. They are believed to be the "architects" of the BJP's massive victory in the Maharashtra polls. Maharashtra Deputy Chief Minister Devendra Fadnavis also thanked them while addressing his press conference on Saturday. The two leaders were Bhupender Yadav and Ashwini Vaishnaw. They were in charge and co-incharge, respectively, of the Maharashtra election for the BJP. They were appointed as the in-charge soon after the BJP-led NDA's victory in the Lok Sabha Elections 2024. Bhupender Yadav and Ashwini Vaishnaw have worked extensively behind the scenes, away from the limelight. According to reports, when Union Home Minister Amit Shah released the BJP manifesto in Mumbai on November 10, the two senior leaders sat in the audience. The challenge In the 2024 Lok Sabha Elections held in June this year, the BJP faced a major setback by winning just nine of the 38 Lok Sabha seats in Maharashtra, while its rival, the Congress, emerged as single-largest party with 13 seats. This upset the Mahayuti, which is already in power in the state, and also posed a big challenge for the alliance in the Maharashtra Assembly Elections held in November. Bhupender Yadav and Ashwini Vaishnaw seem to have successfully overcome this challenge. The two union ministers have also been credited for leading the BJP to victory in Madhya Pradesh last year. Who are Bhupender Yadav and Ashwini Vaishnaw Bhupendra Yadav is considered a close aide of Union Home Minister Amit Shah. Yadav, who is a BJP leader from Rajasthan, has a good hold in several other states, including Rajasthan, Uttar Pradesh, and Bihar. Yadav was BJP’s election co-in-charge for the Assembly polls of Rajasthan (2013) and Jharkhand (2014) and in-charge for Gujarat. He was the in-charge for the 2019 Lok Sabha election and 2020 Bihar Legislative Assembly elections. This is the first time that he took charge of a western state like Maharashtra and led the party to victory. Yadav is currently the Union Cabinet Minister for Environment, Forest and Climate Change. He is a Member of Parliament from the Lok Sabha constituency of Alwar, and was Rajya Sabha MP from 2012. Meanwhile, Ashwini Vaishnaw is currently the Minister for Railways, Information & Broadcasting, Electronics and Information Technology. He served the people of Sundergarh, Balasore, Cuttack and Goa. He earned Master’s in Technology from IIT Kanpur and MBA from Wharton. Vaishnaw brings a combination of skills in technology, finance and its application to weakest sections of society. He firmly believes in the philosophy of ‘Antyodaya’, i.e. transforming the lives of the marginalized sections of society, its profile on Government of India's website reads. The setback The BJP celebrated its win in Maharashtra. At the same time, the party is likely to suffer a setback in the Jharkhand Assembly Elections 2024. This may come as a shock Shivraj Singh Chouhan and Assam CM Himanta Hiswa Sarma, who were in charge of the elections there.Is this the time Nebraska gets past Wisconsin? The teams have played three straight one-score games, each won by the Badgers. Amie Just, columnist: Ty Robinson. Luke Mullin, reporter: Robinson spends the whole game in the Wisconsin backfield, finishing with two sacks and even more quarterback pressures. Nate Head, editor: Let's say Isaac Gifford, the Lincoln native, comes down with his first interception of the season. Just: Emmett Johnson. Mullin: It's another week of Johnson leading the way, though Dante Dowdell takes over inside the red zone. Head: Johnson has had two games with at least 10 carries this season. He gets his third Saturday. Just: The final buzzer. Mullin: It'll be a one-score game to the end, but a stop from the Nebraska defense with two minutes left seals the win. Head: Late. Wisconsin scores a go-ahead touchdown with four minutes left in the game, and Nebraska's ensuing drive ends in a turnover. Just: Keelan Smith. Mullin: Freshman wide receiver Quinn Clark gets his shot and records a catch too. Head: Clark seems like the obvious choice so I'll mix it up: Carter Nelson. Just: Under. Mullin: Under. Head: Under. Just: Under. Mullin: Over. Head: Under. Just: Under. Mullin: Over. Head: Over. Just: Over. Mullin: Over. Head: Over. Just: Under. Mullin: Under. Head: Under. Get local news delivered to your inbox!

How this actor earns $5 million a year for show she never starred in; won $1 million in poker, now lives a quiet life

After the death of Jimmy Carter, who is the oldest living president?

Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. Kylie Kelce, the wife of former Philadelphia Eagles center Jason Kelce, has captivated NFL fans with her unapologetic persona, and now the soon-to-be mother of four will be giving fans more of what they love most with her own podcast. She introduced the launch of her podcast, "Not Gonna Lie," with a trailer this week when she gave listeners a brief look at some of the topics she plans to explore every Thursday. Jason Kelce poses for a photo with Kylie Kelce during the "Kelce" documentary premiere at Suzanne Roberts Theatre Sept. 8, 2023, in Philadelphia. (Cooper Neill/Getty Images) "Listen, I’m just as shocked as all of you that I’m starting a podcast," she said. "But if everyone’s going to be talking about me and my family, you might as well hear it from me." CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Kelce said one of the topics she plans to explore is her "brutally honest opinions" on motherhood. The trailer then clipped to her speaking about using colorful language in front of her girls. "I’m not going to stop cursing in front of my kids," she said in the clip. "My kids hear the F-word on a daily basis. They know it's a ‘[grown]up word’.’ Kylie Kelce during the ACC Celebrity Golf Championship at Edgewood Tahoe Golf Course July 12, 2024, in Stateline, Nev. (David Calvert/Getty Images for American Century Investments) KYLIE KELCE SLAMS HUSBAND'S 'KINK IT UP' RESPONSE TO FAN'S QUESTION ABOUT DRY SPELL Jason and Kylie recently announced they are expecting their fourth daughter. The couple share three daughters — Wyatt Elizabeth, 5, Elliotte Ray, 3, and Bennett Llewellyn, the youngest of whom was born shortly after Jason played in the Super Bowl against brother Travis Kelce. Kylie said in the trailer that, in addition to talking motherhood, her podcast will also cover social media trends and the "biggest stories in sports and entertainment." Kylie Kelce, wife of former NFL player Jason Kelce, announced her podcast, "Not Gonna Lie," with a trailer this week. (Nathan Congleton/NBC via Getty Images) CLICK HERE TO GET THE FOX NEWS APP "You guys said you wanted more Kylie, and to that I say, f--- around and find out." Follow Fox News Digital’s sports coverage on X , and subscribe to the Fox News Sports Huddle newsletter . Paulina Dedaj is a Sports Reporter for Fox News Digital.History made: St. Mary's claims 4A girls flag football state championshipAstraZeneca India recasts biopharma unit

ATLANTA (AP) — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable. It's unclear whether the administration can complete the loan before Donald Trump becomes president again in less than two months, or whether the Trump administration might try to claw the money back. Trump previously vowed to end federal electric vehicle tax credits , which are worth up to $7,500 for new zero-emission vehicles and $4,000 for used ones. Rivian made a splash when it went public and began producing large electric R1 SUVs, pickup trucks and delivery vans at a former Mitsubishi factory in Normal, Illinois, in 2021. Months later, the California-based company announced it would build a second, larger, $5 billion plant about 40 miles (64 kilometers) east of Atlanta, near the town of Social Circle. The R1 vehicles cost $70,000 or more. The company plans to produce R2 vehicles, a smaller SUV, in Georgia with lower price tags aimed at a mass market. The first phase of Rivian’s Georgia factory is projected to make 200,000 vehicles a year, with a second phase capable of another 200,000 a year. Eventually, the plant is projected to employ 7,500 workers. But Rivian was unable to meet production and sales targets and rapidly burned through cash. In March, the company said it would pause construction of the Georgia plant. The company said it would begin assembling its R2 SUV in Illinois instead. CEO RJ Scaringe said the move would allow Rivian to start selling the R2 sooner and save $2.25 billion in capital spending. Since then, German automaker Volkswagen AG said in June it would invest $5 billion in Rivian in a joint venture in which Rivian would share software and electrical technology with Volkswagen. The money eased Rivian's cash crunch. Tuesday's announcement throws a lifeline to Rivian's grander plans. The company said its plans to make the R2 and the smaller R3 in Georgia are back on and that production will begin in 2028. “This loan would enable Rivian to more aggressively scale our U.S. manufacturing footprint for our competitively priced R2 and R3 vehicles that emphasize both capability and affordability,” Scaringe said in a statement. The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s goal of having zero-emission vehicles make up half of all new U.S. sales by 2030. “As one of a few American EV startups with light duty vehicles already on the road, Rivian’s Georgia facility will allow the company to reach production volumes that make its products more cost competitive and accelerate access to international markets,” the department said in a statement. The loan includes $6 billion, plus $600 million in interest that will be rolled into the principal. The money would come from the Advanced Technology Vehicles Manufacturing Loan Program, which provides low-interest loans to make fuel-efficient vehicles and components. The program has focused mostly on loans to new battery factories for electric vehicles under Biden, but earlier helped finance initial production of the Tesla Model S and Nissan Leaf, two pioneering electric vehicles. The loan program, created in 2007, requires a "reasonable prospect of repayment" of the loan. Under Biden, the program has announced deals totaling $33.3 billion, including $9.2 billion for massive battery plants in Tennessee and Kentucky for Ford’s electric vehicles. Democratic U.S. Sen. Jon Ossoff , who has been a vocal supporter of electric vehicle and solar manufacturing in Georgia, hailed Tuesday's announcement as “yet another historic federal investment in Georgia electric vehicle manufacturing.” Ossoff had asked Energy Secretary Jennifer Granholm to support the loan in July. “Our federal manufacturing incentives are driving economic development across the state of Georgia,” Ossoff said in a statement. Georgia Gov. Brian Kemp says his goal is to make Georgia a center of the electric vehicle industry. But the Republican has had a strained relationship with the Biden administration over its industrial policy, even as some studies have found Georgia has netted more electric vehicle investment than any other state. Kemp has long claimed that manufacturers were picking Georgia before Biden's signature climate law, the Inflation Reduction Act, was passed. Efforts to bring Rivian to Georgia predated the Biden administration and "our shared vision to bring opportunity to Georgia will remain no matter who resides in the White House or what party controls Congress,” Kemp spokesperson Garrison Douglas said Tuesday. The loan to Rivian could rescue one of the Kemp administration's signature economic development projects even as Biden leaves office. That could put Rivian and Kemp in the position of defending the loan if Trump tries to quash it. State and local governments offered Rivian an incentive package worth an estimated $1.5 billion in 2022. Neighbors opposed to development of the Georgia site mounted legal challenges. State and local governments spent around $125 million to buy and prepare the nearly 2,000-acre (810-hectare) site. The state also has completed most of $50 million in roadwork that it pledged. The pause at Rivian contrasts with rapid construction at Hyundai Motor Group’s $7.6 billion electric vehicle and battery complex near Savannah. The Korean automaker said in October that it had begun production in Ellabell, where it plans to eventually employ 8,500. Associated Press writer Matthew Daly in Washington contributed to this story.

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. WOLF . Shareholders who purchased shares of WOLF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/wolfspeed-loss-submission-form/?id=113426&from=3 CLASS PERIOD: August 16, 2023 to November 6, 2024 ALLEGATIONS: According to the complaint, defendants provided the public with revenue projections that depended on Wolfspeed's Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product. On November 6, 2024, Wolfspeed announced its financial results for the first quarter of fiscal year 2025 and unveiled guidance for the second quarter well below expectations. While defendants had repeatedly claimed that 20% utilization of the Mohawk Valley fabrication facility would result in $100 million revenue out of the facility, defendants now guided to a range 30% to 50% below that mark. The Company attributed its results and lowered guidance to "demand ... ramp[ing] more slowly than we originally anticipated" as "EV customers revise their launch time lines as the market works though this transition period." Investors and analysts reacted immediately to Wolfspeed's revelation. The price of Wolfspeed's common stock declined dramatically. From a closing market price of $13.71 per share on November 6, 2024, Wolfspeed's stock price fell to $8.33 per share on November 7, 2024, a decline of about 39.24% in the span of just a single day. DEADLINE: January 17, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/wolfspeed-loss-submission-form/?id=113426&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of WOLF during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is January 17, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.