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AP Sports SummaryBrief at 5:44 p.m. ESTSuper Micro Computer (SMCI) Unveils SuperCluster: High-Density AI Data Center Solution Powered by NVIDIA Blackwell
Walmart’s DEI rollback signals a profound shift in the wake of Trump’s election victoryMIAMI GARDENS, Fla. (AP) — The Miami Dolphins were ready to deal veteran defensive tackle Calais Campbell to the Baltimore Ravens ahead of the Nov. 5 trade deadline until Mike McDaniel stepped in. “I may or may not have thrown an adult temper tantrum,” Miami's coach said, confirming the news first reported by NFL Network Sunday morning.MIAMI GARDENS, Fla. (AP) — The Miami Dolphins were ready to deal veteran defensive tackle Calais Campbell to the Baltimore Ravens ahead of the Nov. 5 trade deadline until Mike McDaniel stepped in. “I may or may not have thrown an adult temper tantrum,” Miami's coach said, confirming the news first reported by NFL Network Sunday morning. The Dolphins were 2-6 and had lost three straight at that point. They'd played four uninspired games without their starting quarterback, going 1-3 after Tua Tagovailoa went on injured reserve on Sept. 17 with a concussion. Campbell would have had a chance to rejoin the contending Ravens, and Miami would have received a 2026 fifth-round pick in return, NFL Network reported. McDaniel argued that Campbell was too valuable to lose. “I was happy that they brought me into the conversations," Campbell said after Miami's 34-15 win over the New England Patriots . “They didn't have to say anything to me at all. We had a really good conversation about what we think about this team, where we are. We felt like we had a good shot to get back into the fight.” Added McDaniel: “I think it wasn’t like it was (GM) Chris (Grier) versus me. ... That’s the tricky thing about Chris’ job is he has to look long-term and short-term at the same time, what’s the best for the organization.” Campbell, a 17-year veteran, signed with the Dolphins after playing for Atlanta last season. Players and coaches have praised the 38-year-old's contributions on the field and in the locker room. “There’s no one’s game I’ve come to respect more than Calais up front on the D-line,” defensive tackle Zach Sieler said, “being with him this year and just the energy, the attitude and the mindset he brings every week. It can’t be matched, and that’s the reason why he is who he is today and doing what he’s doing at 17 years.” Campbell leads the team with four sacks. With back-to-back sacks in Weeks 10 and 11, he became the eighth player 38 or older to record sacks in consecutive games since the 1970 merger. He also has nine tackles for loss, giving him at least five tackles for loss in 15 of his 17 seasons. He played for Baltimore from 2020-2022, totaling 11 sacks and 113 tackles. “I think he means a great deal to not only the defensive line room, but the entire defense as well as the entire team,” McDaniel said earlier this week. “It’s rare for a guy to get here when he did, and then be voted, with such conviction, captain. I think the way that he operates to be a pro, I think has had a substantial impact on a lot of players that hadn’t been fortunate enough to be around someone with sustained success like he’s had.” The Dolphins have won three straight games since the deadline. Miami's defense held the Patriots scoreless until the fourth quarter on Sunday. Campbell broke down the team's pregame huddle as he has done before most games this season. He was also seen coaching up rookie linebacker Chop Robinson, who is always seeking pointers from the six-time Pro Bowler. “My job is to speak on behalf of what’s the best thing for the 2024 Dolphins,” McDaniel said. “I’m just fortunate to work in an organization where myself and the GM can be transparent and work together. “And he didn’t want to see any more adult temper tantrums.” AP NFL: https://apnews.com/hub/NFL
Volta Announces Closing of Oversubscribed Private Placement, Commences Exploration and Agrees to Acquire Claims to Expand its Footprint in the Seymour Lithium Camp, OntarioSAINT GEORGE, Utah (AP) — Beon Riley's 18 points helped Utah Tech defeat Denver 68-54 on Tuesday night. Riley also had 11 rebounds for the Trailblazers (2-6). Noa Gonsalves scored 15 points and added eight rebounds and three steals. Justin Bieker shot 4 of 6 from the field and 2 for 3 from the line to finish with 11 points. The Pioneers (3-5) were led in scoring by Sebastian Akins and Josh Lee, who both finished with 11 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
AP Trending SummaryBrief at 6:06 p.m. ESTTaylor Swift's concerts at Vancouver's BC Place Dec. 6, 7 and 8 are continuing to help local charities. The BC Children's Hospital Foundation on Saturday night (Nov. 30) auctioned 15 tickets to a private suite at one of the Taylor Swift Vancouver concerts for $290,000 – an impressive amount of money but it was not the most that a B.C. charity has garnered for a suite during one of Swift's concerts. The from a winning bid at its Vitality Gala live auction for 15 private suite tickets to see Swift sing in Vancouver. The BC Children's Hospital Foundation's weekend windfall at its Crystal Ball gala did, however, better some other B.C. charities that auctioned off tickets at suites to see Taylor Swift. The Victoria Hospitals Foundation at its Visions Gala Nov. 16 netted $260,000 by auctioning off a 15-person suite to see Swift. The BC Cancer Society was the first local charity to auction off a 15-person suite to see Swift. It raised $125,000 for that suite during an action at its Daffodil Ball in April. Combined, those four suites generated more than $1 million for the charities. PavCo, which operates BC Place, gifted the suites to be auctioned off, PavCo senior manager of marketing and communications Jenny McKenzie told “For every concert that comes through, we have a certain number of suites and tickets that [we get as] part of our partnership with that tour,” she explained. PavCo sometimes gives tickets and suites to what she called “stakeholders” related to PavCo, but the organization also donates access to suites and tickets to charities, she said. McKenzie said that PavCo has long had an informal system in place to provide suites and tickets to charities, and this year formalized what it is calling its BC Place Community Benefit Program. “By donating tickets, BC Place enables charities to raise critical funds while offering unforgettable experiences to their supporters,” she said. She added that the program reinforces PavCo’s role as a catalyst for positive change and social impact. The Canuck Place Children’s Hospice is another charity that has cashed in on excitement about Taylor Swift. It sold two sets of tickets—eight in total—to a Taylor Swift Vancouver concert for $46,000 at its November 2 Gift of Time Gala auction, which raised more than $1.63 million in support of Canuck Place. Toronto-based telecom Rogers Communications Inc. (TSX:RCI-B) is a presenting sponsor of the Canadian leg of Swift’s Eras tour, which includes six shows in Toronto and three in Vancouver. Because it is a presenting sponsor, it has access to many tickets for internal use. Some of those tickets are being given away to forge customer loyalty while others are being given to charities, Rogers’ senior manager of communication in Western Canada, Leann Yutuc, told Rogers has been giving away 35 pairs of tickets each week to different Rogers customers who enter draws, she said. “Specific to charities, we have given tickets to BGC Canada, Jays Care, Big Brothers Big Sisters Toronto and Canucks for Kids to distribute to their beneficiaries,” she said. Canucks for Kids received 40 tickets with those going to deserving families to attend a Taylor Swift concert, Yutuc said. Swift has been a vocal supporter of food banks and that has spurred fan Heidi Van Schaik to launch a Canada-wide initiative dubbed Tay It Forward. Waterloo, Ont.-based Schaik has set a goal to raise $1.3 million for Canadian food banks, with that amount chosen because 13 is said to be Swift’s favourite number, and it is one she has reportedly drawn on her hand before performances. Schaik is encouraging fans to make $13 donations, with the campaign slated to end December 13. A wide range of .
Here’s How Wall Street Expects S&P 500 To Perform In 2025
Kyriakos Mitsotakis at a Tony Blair Institute event on artificial intelligence
Pinzon shot 6 of 15 from the field, including 4 for 5 from 3-point range, and went 6 for 6 from the line for the Bulldogs (4-3). Connor Withers scored 17 points while going 6 of 14 from the floor, including 4 for 9 from 3-point range, and 1 for 4 from the line. Keyshawn Mitchell finished 7 of 10 from the field to finish with 16 points, while adding 13 rebounds. Brandon Weston led the way for the Tigers (3-5) with 24 points and six steals. Antoine Lorick III added 16 points, seven rebounds and two steals for Tennessee State. Carlous Williams had 16 points and two steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .HONEYWELL AND BOMBARDIER SIGN LANDMARK AGREEMENT TO DELIVER THE NEXT GENERATION OF AVIATION TECHNOLOGY; HONEYWELL UPDATES 2024 OUTLOOK
Finland boards oil tanker suspected of sabotage
CHARLOTTE, N.C. , Dec. 2, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced the signing of a strategic agreement with Bombardier, a global leader in aviation and manufacturer of world-class business jets, to provide advanced technology for current and future Bombardier aircraft in avionics, propulsion and satellite communications technologies. The collaboration will advance new technology to enable a host of high-value upgrades for the installed Bombardier operator base, as well as lay innovative foundations for future aircraft. Honeywell estimates the value of this partnership to the company at $17 billion over its life. "This is a tremendous opportunity to co-innovate and advance next generation technologies, including Anthem avionics and engines," said Vimal Kapur , Chairman and CEO of Honeywell. "Growing our long-term collaborative relationship with Bombardier is directly connected to Honeywell's focus on compelling megatrends -- automation, the future of aviation, and energy transition." "This new partnership creates unprecedented opportunities for Bombardier," said Eric Martel , President and Chief Executive Officer of Bombardier. "Honeywell's differentiated technology is the key reason we decided to collaboratively build a bright future with them." Honeywell and Bombardier will collaborate on the development of Honeywell avionics to provide unparalleled adaptability to specific mission requirements, enabling exceptional situational awareness and enhanced safety. In addition, the collaboration's propulsion-based workstreams will focus on evolutions of power, reliability and maintainability, led by the next-generation model of Honeywell's HTF7K engine. "Working together, we will generate significant value for Bombardier's operator base by providing the latest technologies to enable safe and efficient flight," said Jim Currier , President and CEO of Honeywell Aerospace Technologies. "We are committed to investing in these key technologies with Bombardier, which will not only drive substantial growth for Honeywell, but lead the industry further into the future of aviation." As part of the partnership, Bombardier and Honeywell will work together to certify and offer JetWave X for the Bombardier Global and Challenger families of aircraft for both new production and aftermarket installations. Bombardier will also have access to Honeywell's full suite of next generation L-Band satellite communications products and antennas that will provide future safety services capabilities. Additionally, all legacy pending litigation between the companies has been resolved. Honeywell Updates 2024 Outlook While the commercial agreement impacts near-term Honeywell financials, the company is confident it will lead to long-term value creation for Honeywell shareowners. Given the required investments associated with this agreement, Honeywell has updated its full-year sales, segment margin 2 , adjusted earnings per share 2,3 , and free cash flow guidance 1 . A summary is provided in the table below. TABLE 1: FULL-YEAR 2024 GUIDANCE Previous Guidance Impact of Agreement Updated Guidance Sales $38.6B - $38.8B ($0.4B) $38.2B - $38.4B Organic 1 Growth 3% - 4% ~(1%) ~2% Segment Margin 2 23.4% - 23.5% (0.8 %) 22.6% - 22.7% Expansion 2 Down 10 - Flat bps (80 bps) Down 90 - 80 bps Adjusted Earnings Per Share 2,3 $10.15 - $10.25 ($0.47) $9.68 - $9.78 Adjusted Earnings Growth 2,3 7% - 8% (5 %) 2% - 3% Operating Cash Flow $6.2B - $6.5B ($0.4B) $5.8B - $6.1B Free Cash Flow 1 $5.1B - $5.4B ($0.5B) $4.6B - $4.9B TABLE 2: FOURTH QUARTER 2024 GUIDANCE Previous Guidance Impact of Agreement Updated Guidance Sales $10.2B - $10.4B ($0.4B) $9.8B - $10.0B Organic 1 Growth 2% - 4% (4 %) (2%) - Flat Segment Margin 2 23.8% - 24.2% (2.9 %) 20.9% - 21.3% Expansion 2 Down 60 - 20 bps (290 bps) Down 350 - 310 bps Adjusted Earnings Per Share 2,3 $2.73 - $2.83 ($0.47) $2.26 - $2.36 Adjusted Earnings Growth 2,3 1% - 5% (17 %) (16%) - (12%) 1 See additional information at the end of this release regarding non-GAAP financial measures. 2 Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from certain items excluded from segment margin or adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS. 3 Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, including the impact of amortization expense for acquisition-related intangible assets and other acquisition-related costs, and any potential future items that we cannot reliably predict or estimate such as pension mark-to-market. Bombardier, Global and Challenger are trademarks of Bombardier Inc. or its subsidiaries. Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends - automation, the future of aviation, and energy transition - underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations that help make the world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom . Honeywell uses our Investor Relations website, www.honeywell.com/investor , as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future and include statements related to the proposed spin-off of the Company's Advanced Materials business into a stand-alone, publicly traded company. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows: Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures. Appendix Non-GAAP Financial Measures The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. Management believes the change to adjust for amortization of acquisition-related intangibles and certain acquisition- and divestiture-related costs provides investors with a more meaningful measure of its performance period to period, aligns the measure to how management will evaluate performance internally, and makes it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business. Honeywell International Inc. Definition of Organic Sales Percent Change We define organic sales percentage as the year-over-year change in reported sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for forward-looking measures of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change. Honeywell International Inc. Reconciliation of Operating Income to Segment Profit, Calculation of Operating Income and Segment Profit Margins (Unaudited) (Dollars in millions) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2023 Operating income $ 1,583 $ 7,084 Stock compensation expense 1 54 202 Repositioning, Other 2,3 569 952 Pension and other postretirement service costs 3 17 66 Amortization of acquisition-related intangibles 76 292 Acquisition-related costs 4 1 2 Segment profit $ 2,300 $ 8,598 Operating income $ 1,583 $ 7,084 ÷ Net sales $ 9,440 $ 36,662 Operating income margin % 16.8 % 19.3 % Segment profit $ 2,300 $ 8,598 ÷ Net sales $ 9,440 $ 36,662 Segment profit margin % 24.4 % 23.5 % 1 Included in Selling, general and administrative expenses. 2 Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges. 3 Included in Cost of products and services sold and Selling, general and administrative expenses. 4 Includes acquisition-related fair value adjustments to inventory. We define operating income as net sales less total cost of products and services sold, research and development expenses, impairment of assets held for sale, and selling, general and administrative expenses. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings. Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle, and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies. Honeywell International Inc. Reconciliation of Earnings per Share to Adjusted Earnings per Share (Unaudited) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2024(E) 2023 2024(E) Earnings per share of common stock - diluted 1 $ 1.91 $2.03 - $2.13 $ 8.47 $8.76 - $8.86 Pension mark-to-market expense 2 0.19 No Forecast 0.19 No Forecast Amortization of acquisition-related intangibles 3 0.09 0.17 0.35 0.50 Acquisition-related costs 4 — 0.02 0.01 0.10 Divestiture-related costs 5 — 0.04 — 0.04 Russian-related charges 6 — — — 0.03 Net expense related to the NARCO Buyout and HWI Sale 7 — — 0.01 — Adjustment to estimated future Bendix liability 8 0.49 — 0.49 — Indefinite-lived intangible asset impairment 9 — — — 0.06 Impairment of assets held for sale 10 — — — 0.19 Adjusted earnings per share of common stock - diluted $ 2.69 $2.26 - $2.36 $ 9.52 $9.68 - $9.78 1 For the three months ended December 31, 2023, adjusted earnings per share utilizes weighted average shares of approximately 660.9 million. For the twelve months ended December 31, 2023, adjusted earnings per share utilizes weighted average shares of approximately 668.2 million. For the three and twelve months ended December 31, 2024, expected earnings per share utilizes weighted average shares of approximately 653 million and 655 million, respectively. 2 Pension mark-to-market expense uses a blended tax rate of 18%, net of tax benefit of $27 million, for 2023. 3 For the three and twelve months ended December 31, 2023, acquisition-related intangibles amortization includes $62 million and $231 million, net of tax benefit of approximately $14 million and $61 million, respectively. For the three and twelve months ended December 31, 2024, expected acquisition-related intangibles amortization includes approximately $110 million and $330 million, net of tax benefit of approximately $30 million and $85 million, respectively. 4 For the three and twelve months ended December 31, 2023, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $2 million and $7 million, net of tax benefit of approximately $0 million and $2 million, respectively. For the three and twelve months ended December 31, 2024, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $20 million and $65 million, net of tax benefit of approximately $5 million and $15 million, respectively. 5 For the three and twelve months ended December 31, 2024, the expected adjustment for divestiture-related costs, which is principally comprised of third-party transaction costs, is approximately $25 million, net of tax benefit of approximately $5 million. 6 For the three and twelve months ended December 31, 2023, the adjustments were a benefit of $2 million and $3 million, without tax expense, respectively. For the twelve months ended December 31, 2024, the expected adjustment is a $17 million expense, without tax benefit, due to the settlement of a contractual dispute with a Russian entity associated with the Company's suspension and wind down activities in Russia. 7 For the the twelve months ended December 31, 2023, the adjustment was $8 million, net of tax benefit of $3 million, due to the net expense related to the NARCO Buyout and HWI Sale. 8 Bendix Friction Materials ("Bendix") is a business no longer owned by the Company. In 2023, the Company changed its valuation methodology for calculating legacy Bendix liabilities. For the three and twelve months ended December 31, 2023, the adjustment was $330 million, net of tax benefit of $104 million, (or $434 million pre-tax) due to a change in the estimated liability for resolution of asserted (claims filed as of the financial statement date) and unasserted Bendix-related asbestos claims. The Company experienced fluctuations in average resolution values year-over-year in each of the past five years with no well-established trends in either direction. In 2023, the Company observed two consecutive years of increasing average resolution values (2023 and 2022), with more volatility in the earlier years of the five-year period (2019 through 2021). Based on these observations, the Company, during its annual review in the fourth quarter of 2023, reevaluated its valuation methodology and elected to give more weight to the two most recent years by shortening the look-back period from five years to two years (2023 and 2022). The Company believes that the average resolution values in the last two consecutive years are likely more representative of expected resolution values in future periods. The $434 million pre-tax amount was attributable primarily to shortening the look-back period to the two most recent years, and to a lesser extent to increasing expected resolution values for a subset of asserted claims to adjust for higher claim values in that subset than in the modelled two-year data set. It is not possible to predict whether such resolution values will increase, decrease, or stabilize in the future, given recent litigation trends within the tort system and the inherent uncertainty in predicting the outcome of such trends. The Company will continue to monitor Bendix claim resolution values and other trends within the tort system to assess the appropriate look-back period for determining average resolution values going forward. 9 For the twelve months ended December 31, 2024, the expected impairment charge of indefinite-lived intangible assets associated with the personal protective equipment business is $37 million, net of tax benefit of $11 million. 10 For the twelve months ended December 31, 2024, the expected impairment charge of assets held for sale is $125 million, with no tax benefit. Note: Amounts may not foot due to rounding. We define adjusted earnings per share as diluted earnings per share adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. We therefore do not include an estimate for the pension mark-to-market expense. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change. Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies. Honeywell International Inc. Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow (Unaudited) Twelve Months Ended December 31, 2024(E) ($B) Cash provided by operating activities ~$5.8 - $6.1 Capital expenditures ~(1.2) Free cash flow ~$4.6 - $4.9 We define free cash flow as cash provided by operating activities less cash for capital expenditures. We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity. Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com View original content to download multimedia: https://www.prnewswire.com/news-releases/honeywell-and-bombardier-sign-landmark-agreement-to-deliver-the-next-generation-of-aviation-technology-honeywell-updates-2024-outlook-302320054.html SOURCE HoneywellDavina McCall surprised The Masked Singer judges and fans by performing as Star. She managed to keep her identity hidden by coordinating with the production team, ensuring her appearance remained a secret. During the performance, she avoided using her usual deodorant and perfume and adopted a voice inspired by her sister-in-law from Virginia. Panellists Jonathon Ross , 64, and Mo Gilligan , 36, were left in disbelief when they were joined by guest judges Jennifer Saunders , 66, and Dawn French , 67. Jonathan commented: "There is absolutely no way, we thought you couldn't sing that well. I'm glad you're OK, but to me you are now dead." Davina responded: "I thought you might get me with the DVD one. It has been a ball, thank you!" Davina delivered an incredible performance, energetically jumping around the stage in her spectacular costume. She later changed into a sparkling red dress to join the panel for the final performance by winner Holly Johnson, who was dressed as the Nutcracker. Joel joked, "I said you had diarrhoea and couldn't be here." Davina called the experience one of the best of her life. She shared a photo on Instagram from the stage, captioning it: "Well, that was a blast!!!!!" This came after Davina showed off her scar following brain tumour surgery , marking her first haircut since the procedure. The 57-year-old TV presenter shared the experience of her trim by hairdresser boyfriend Michael Douglas on an Instagram Livestream last week. It was her first haircut since having surgery to remove a benign tumour on her brain. Davina is recovering well since being hospitalised and she was full of smiles as she had a trim from Michael, who she has been dating since 2019, after first meeting him for a haircut 20 years ago. The stylist explained in the clip how he was cutting Davina's hair and talked through the techniques he was using for those watching. During this, he showed off the scar from Davina's surgery and explained that she had lost a lot of hair after having children. Michael added that Davina had quite thick hair but there was not as much of it and the TV star admitted that she "used to have lots of hair but I had babies". Davina said about her scar that "it's all healed, it's a bit crusty," as she pointed to it and said "we lost a big chunk here" as she highlighted the lack of hair in the area. Later, Davina winces as Michael pulls down her hair and he apologises before saying to the camera: "I was a bit rough there - she normally likes it rough." Davina immediately responded, saying: "Michael Douglas you Share naughty". At the end of the video, Davina compliments her boyfriend for the good job that he had done with her hair and joked that she should "have brain surgery more often". Earlier in the week, Davina took to social media to share that she was celebrating another milestone following the surgery . The ITV star filmed herself with a huge smile, and she said: "Hi just a quick update to let everyone know that I'm doing well. And the last couple of days I've really, really, really felt miles better and I've come in to London today to celebrate one of Michael's boy's birthdays, so that's lovely." She added: "And just also wanted to say that the picture of me in the wig was from when we recorded The Masked Singer earlier on this year, it was before my operation. I was fit as a fiddle then, I'm still recovering right now and I'm planning on getting back to work in about a month." Davina was referring to her appearance in recent promo pics for The Masked Singer, in which she looked almost unrecognisable without her famous long brunette locks. Instead, the presenter rocked a choppy blonde hairdo, with the platinum strands styled in a very short pixie cut. Follow Mirror Celebs on Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .December 2, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked peer-reviewed publication trusted source proofread by Max Planck Society Nickel and nitrogen co-doped carbon (Ni-N-C) catalysts have shown exceptional performance in converting CO 2 into CO, a valuable chemical feedstock. However, the exact working mechanism of these catalysts has remained elusive—until now. The study "Unveiling the Adsorbate Configurations in Ni Single Atom Catalysts during CO 2 Electrocatalytic Reduction using Operando XAS, XES and Machine Learning" provides direct experimental insights into the nature of adsorbates (molecules that stick to the catalyst 's surface) forming at the nickel sites and the evolving structure of the active sites during the CO 2 reduction reaction (CO 2 RR). The work is published in the journal Physical Review Letters . The research team employed advanced techniques like operando hard X-ray absorption spectroscopy (XAS) and valence-to-core X-ray emission spectroscopy (vtc-XES) to observe the catalysts in action. These advanced methods, combined with machine learning and density functional theory, allowed the team to map out the local atomic and electronic structure of the catalysts in unprecedented detail. This work illustrates the power of a multi-technique operando characterization approach combined with machine learning and modeling to extract in depth mechanistic insight. Understanding how nickel-based catalysts interact with CO 2 at the atomic level is crucial for their rational design aiming to improve their efficiency and selectivity. This knowledge can lead to the development of more effective and long-lived catalysts, making the CO 2 reduction process more viable for industrial applications . Essentially, this research helps pave the way for turning CO 2 , a greenhouse gas , into valuable resources like carbon monoxide (CO), which can be used in various industrial processes, including those where it can be combined with green hydrogen from water electrolysis for the synthesis of high order hydrocarbons. Imagine trying to bake a perfect cake without knowing how the ingredients interact in the oven and how the cake rises or eventually gets burnt during the baking. In the oven analogy, one can see through a window and use the visual information to make changes in the temperature and baking time. The present study is like having a high-tech camera that lets you see exactly how the ingredients mix and change as they bake, allowing you to tweak the recipe (and/or oven conditions) while you are baking for the best results. Similarly, by understanding how CO 2 interacts with nickel catalysts, scientists can fine-tune the process to generate the desired products more efficiently. This study not only enhances our understanding of nickel -based catalysts but also sets the stage for future advancements in CO 2 reduction technologies. By providing a detailed picture of how these catalysts work, the research opens up new possibilities for designing even more efficient systems for converting CO 2 into valuable products. More information: Andrea Martini et al, Adsorbate Configurations in Ni Single-Atom Catalysts during CO 2 Electrocatalytic Reduction Unveiled by Operando XAS, XES, and Machine Learning, Physical Review Letters (2024). DOI: 10.1103/PhysRevLett.133.228001 Journal information: Physical Review Letters Provided by Max Planck Society
Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate
It’s never ideal to be cut by a professional sports team, but it might be the break that Izzy Abanikanda needed. The New York Jets released Abanikanda — a 5-foot-10, 215-pound running back from Brooklyn, N.Y. — from the active roster Monday afternoon, clearing the way for fellow running back Kene Nwangwu. It’s a tough break for Abanikanda, but there’s a chance he can now land in a better situation — as he was sitting behind Breece Hall and Braelon Allen in New York. And if he isn’t claimed, he’s a prime practice squad candidate. We have signed RB Kene Nwangwu to the active roster from the practice squad. Additionally, we have released Israel Abanikanda. — New York Jets (@nyjets) December 2, 2024 Abanikanda hasn’t played in a game yet this season, but he recorded 22 carries for 70 yards and seven receptions for 43 yards as a rookie last season. The Jets selected Abanikanda in the fifth round of the 2023 NFL Draft. Abanikanda was an All-ACC, All-American running back at Pitt in 2022, serving as perhaps the best all-purpose weapon in college football, finishing fourth in all-purpose yards (1,805 yards) and second in all-purpose yards per game (164 yards) in college football last season. And he led the nation in total touchdowns (21). He rushed for 1,431 yards and 20 touchdowns, averaging six yards per attempt and added 146 receiving yards and 228 kickoff return yards. It was a campaign with few historical rivals. It ranks as the eighth-best single-season effort in Pitt history, and his 320 yards and six touchdowns against Virginia Tech broke and tied, respectively, single-game program records. In his Pitt career, Abanikanda rushed 390 times for 2,177 yards and 28 touchdowns, caught 38 passes for 354 yards and three touchdowns and returned 19 kickoffs for 434 yards and a touchdown. His 28 career touchdowns also rank eighth in team history, while he’s just one of four Pitt players to rush for at least 20 touchdowns in a single season. It’s a tough situation for Izzy Abanikanda, but he’s a young, talented runner who has impressed in his opportunities in preseason. He should land on his feet somewhere. This article first appeared on Pittsburgh Sports Now and was syndicated with permission.
Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the SenateA UN Women report says the prevalence of reported physical and/or sexual intimate partner violence - taking place in the previous 12 months - is 30 percent in Melanesia. The United Nations organisation for women, UN Women, has released a report on the progress made to advancing gender equality and the empowerment for women and girls. The report is to inform this month's Asia-Pacific regional intergovernmental review of the Beijing Declaration and Platform for Action (BPfA). The BPfA was adopted in 1995 at the Fourth World Conference on Women and covered 12 areas of concern, including women and poverty, education and training of women, violence against women, and women in power and decision-making. The report said that in Oceania, excluding Australia and New Zealand, the prevalence of reported physical and/or sexual intimate partner violence - taking place in the past 12 months - was 30 per cent in Melanesia, 22 percent in Micronesia and 19 percent in Polynesia. For lifetime prevalence, available data disaggregated by SDG regional groupings suggest the rate for women aged 15-49 years stands at 27 per cent in Asia and 30 per cent in Oceania. Melanesia recorded the highest prevalence at 51 per cent, followed by Micronesia (41 per cent), Polynesia (39 percent), Southern Asia (35 percent), western Asia (29 percent), and Australia and New Zealand (23 percent). The report also quoted another study on violence against women and girls in Solomon Islands, which showed productivity loss of women in the formal sector, due to intimate partner violence, reached about US$15 million in 2021. "Gender-based violence is rooted in entrenched gender social norms about men's entitlement and privilege over women, unequal gender power relations and socially prescribed gender roles," the report said. "The impacts of violence extend far beyond immediate physical and emotional trauma for victims/survivors that can last throughout their lifetime." The report makes multiple recommendations, including transforming gender social norms. It said the Asia-Pacific region has made noticeable progress towards achieving gender equality and the empowerment of women and girls since the adoption of the BPfA, but critical challenges remain persistent. On Monday, the UN Women campaign '16 days of activism against gender-based violence' began. The UN said every 11 minutes in 2022, partners and family members killed a woman intentionally. Fiji is taking part in the activism, and prime minister Sitiveni Rabuka said gender-based violence affects every community in Fiji. He said it is an issue that demands collective action, "not just during these 16 days, but every day of the year, every year". "We all have a role to play in challenging harmful attitudes that normalise abuse or discrimination," he said. Rabuka said preventing violence in society starts at home. "Preventing violence is not just about policies or programmes; it is about the values we hold in our omes and the lessons we teach our children." Rabuka said every act of kindness, example of respect and moment of empathy within families lays the foundation for a society free from violence. In Aotearoa New Zealand, Le Va's Atu-Mai violence prevention programme is launching new child sexual abuse prevention resources. The resources cover topics such as Pasifika values, talanoa to protect, protecting our Pasifika children, knowing who is in your village, and be courageous and act. Atu-Mai Violence prevention senior manager, Paul Tupou-Vea, said there aren't enough Pacific-specific resources, "so we hope these resources help our communities in a culturally sensitive way". "Sexual violence is an uncomfortable topic, but it has significant, ongoing impacts on our communities."
Vanished Hawaii woman ‘intentionally’ missed connecting flight, LAPD chief says. Her family disagrees