A high-speed passenger train collided with a fire truck at a crossing Saturday morning in Florida , injuring three firefighters and at least a dozen train passengers, authorities said. The crash happened at 10:45 a.m. in crowded downtown Delray Beach, multiple news outlets reported. The Brightline train was stopped on the tracks, its front destroyed, about a block away from the Delray Beach Fire Rescue truck, its ladder ripped off and strewn in the grass several yards away, The Sun-Sentinel reported. The Delray Beach Fire Rescue said in a social media post that three Delray Beach firefighters were in stable condition at a hospital. Palm Beach County Fire Rescue took 12 people from the train to the hospital with minor injuries. Emmanuel Amaral rushed to the scene on his golf cart after hearing a loud crash and screeching train brakes from where he was having breakfast a couple of blocks away. He saw firefighters climbing out of the window of their damaged truck and pulling injured colleagues away from the tracks. One of their helmets came to rest several hundred feet away from the crash. “The front of that train is completely smashed, and there was even some of the parts to the fire truck stuck in the front of the train, but it split the car right in half. It split the fire truck right in half, and the debris was everywhere,” Amaral said. Brightline officials did not immediately comment on the crash. A spokesperson for the National Transportation Safety Board said it was still gathering information about the crash and had not decided yet whether it will investigate. The NTSB is already investigating two crashes involving Brightline’s high-speed trains that killed three people early this year at the same crossing along the railroad’s route between Miami and Orlando . More than 100 people have died after being hit by trains since Brightline began operations in July 2017 — giving the railroad the worst death rate in the nation. But most of those deaths have been either suicides, pedestrians who tried to run across the tracks ahead of a train or drivers who went around crossing gates instead of waiting for a train to pass. Brightline has not been found to be at fault in those previous deaths. Railroad safety has been a concern since a Norfolk Southern train derailed in East Palestine, Ohio, in February 2023, spilling toxic chemicals that caught fire. Regulators urged the industry to improve safety and members of Congress proposed a package of reforms, but railroads have not made many major changes to their operations and the bill has stalled. Earlier this month the two operators of a Union Pacific train were killed after it collided with a semitrailer truck that was blocking a crossing in the small West Texas town of Pecos. Three other people were injured, and the local Chamber of Commerce building was damaged. ___ Associated Press writers Josh Funk in Omaha, Nebraska, Chevel Johnson in New Orleans and Julie Walker in New York contributed.
LAS VEGAS (AP) — Trae Young might be the NBA's biggest enigma. Young's fans can point to numbers and say he's an elite player. His detractors can point to numbers and say he's overrated. Both arguments have validity. To some, his cocky ways are endearing. To others, they're infuriating. This can't be argued: He's helping Atlanta author one of the season's surprise stories. The Hawks are in the NBA Cup semifinals, set to play Milwaukee on Saturday before the other semifinal between Oklahoma City and Houston. The title game is Tuesday night. “When we talk about Trae, the word I like to use is evolution,” Hawks coach Quin Snyder said. “And every player evolves. They just evolve in different ways. He's been an important part of our young guys' growth and being able to elevate them.” The Hawks haven't had a ton of big moments in Young's seven seasons. But he has shown a propensity for rising to the occasion: ousting New York in the 2021 playoffs, ousting the Knicks from the quarterfinals of this tournament to get to Las Vegas — and now comes another chance on national TV on Saturday, facing the Bucks with a chance to play for a trophy. “I feel like this team has been embracing the challenge each and every night from the beginning of the season,” Young said. “We haven’t looked too far ahead in any moment. We’re just taking it day by day. Even though early on in the season we may have had some struggles and some bumps in the road and some guys out, we stuck with the process and focus on each day." Here's part of the pro-Young argument: He's averaging 21 points and 12 assists something that only Magic Johnson and Isiah Thomas have done over a full season, and he's on pace to lead the league in assist average for the first time. Here's part of the anti-Young argument: Among the 220 players with at least 50 3-point attempts this season he ranks 189th at 30.8%, and of the 248 players with at least 100 field goal attempts this season he ranks 231st at 38.4%. Choose your side. They're both valid. But it's clear that Young — who made no secret that he was upset over not being picked for the team that won gold for USA Basketball at the Paris Olympics this past summer — is growing and maturing. “He’s doing a better job on both ends of the floor,” Bucks coach Doc Rivers said. “Defensively he’s figured out a way of keeping himself out of actions. I know that sounds easy. That’s hard to do, and he’s brilliant at it, he really is. ... He must be really studying the game on both ends of the floor, and you can see that in his play. And he’s earned the trust of his players. This team likes playing with him, that’s obvious. I couldn’t say that in the past, but now they love playing with him.” Hawks forward Jalen Johnson doesn't deny that point. “He’s so good, man,” Johnson said. "It’s crazy, like just seeing it in person and on TV prior to me playing with the Hawks and getting drafted by the Hawks, it was crazy just watching it. A guy that’s undersized, being able to score at will, being able to make any pass at will. And then next thing you know you’re his teammate and you’re on the receiving end of those passes. “Watching those clutch late game buckets, it’s a joy to watch. It’s a gift that he has that’s very special and not many people have had it at that elite of a level. It’s been great being his teammate. It’s been a blessing.” Saturday is an opportunity. The semifinals are the only games on the NBA calendar for that day; the title game Tuesday — which doesn't count in the standings — is the only game on the NBA slate that night as well. Young will have tons of eyeballs on him Saturday and would have tons more on him Tuesday if the Hawks find a way to win another big game against the Bucks. They're 3-1 against Eastern Conference-leading Cleveland and Boston already this season, 1-0 against Milwaukee. The potential is clear for the Hawks. The potential for Young has always been clear as well. Only now, it's starting to be realized. “The narrative about me not being able to do certain things or being too mad or frustrated about certain things is — I mean, just aren’t true,” Young said. "I think you’re just now being able to see like with the young team we have, just some of the different things we’ve been doing this year, I think just now you’re starting to kind of see it because the results are showing and we’re winning now. We’re here in this final four of the Cup, and it’s a big deal.” AP NBA: https://apnews.com/hub/NBA
Environment Canada forecasts mix of freezing rain and rain for parts of Maritimes
Share Tweet Share Share Email When it comes to investing in altcoins, the possibilities seem endless. But how do you pick the winners from the crowd? With blockchain technology evolving faster than ever, certain projects are beginning to set themselves apart as genuine game-changers. They’re solving real-world problems, introducing groundbreaking technology, and making decentralised finance (DeFi) accessible to the masses. If you’ve been waiting for the right time to dive into the altcoin market, this might just be it. This month, we’ve identified five altcoins that aren’t just making noise—they’re making moves. From innovative tools for developers to scalability solutions and smart contract integrations, these projects have the potential to reshape how we think about cryptocurrency. If you’re ready to take your portfolio to the next level, here are the best altcoins to buy this month . 1. Qubetics: The Developer’s Dream with QubeQode IDE Qubetics is not just another altcoin—it’s a platform designed to make blockchain development as intuitive as possible. At its core is the QubeQode IDE, a revolutionary tool that simplifies blockchain application creation. The complexity of coding and deploying blockchain apps has been a significant barrier for many developers, but QubeQode’s drag-and-drop functionality changes the game. This innovative interface allows developers of all skill levels to create, deploy, and manage decentralised applications (dApps) effortlessly. The absence of user-friendly tools in the blockchain space has long been a pain point. Many platforms require in-depth coding knowledge and come with unintuitive interfaces, leaving less experienced developers behind. QubeQode eliminates these challenges by integrating artificial intelligence to guide users through the process, ensuring faster development and fewer errors. Scalability is another area where Qubetics shines. Traditional blockchain networks often struggle with transaction processing, leading to delays and high fees. The QubeQode IDE addresses this by enabling developers to optimise smart contracts, resulting in smoother and more efficient applications. This scalability ensures that dApps built on Qubetics are ready to handle large-scale usage without breaking a sweat. Beyond the technical perks, Qubetics is a community-driven project. With over 376 million tokens sold and a presale tally exceeding $7.8 million, it’s clear that investors and developers alike see its potential. By investing in Qubetics, you’re not just betting on an altcoin—you’re joining a movement to make blockchain technology more accessible and scalable. 2. Ethereum: The Backbone of DeFi and NFTs It’s impossible to talk about altcoins without mentioning Ethereum. As the pioneer of smart contracts, Ethereum has been the backbone of decentralised finance (DeFi) and non-fungible tokens (NFTs). Its versatility and widespread adoption make it a staple in any crypto portfolio. The upcoming upgrades to Ethereum’s network aim to improve scalability, reduce fees, and enhance energy efficiency, solidifying its position as the go-to platform for developers and investors. Ethereum’s Layer 2 solutions, such as Optimism and Arbitrum, are also gaining traction, offering faster transactions at lower costs. With DeFi and NFT markets continuing to grow, Ethereum remains a critical player in the blockchain ecosystem. 3. Polygon: The King of Layer 2 Solutions Polygon, also known as MATIC, has carved out its niche as the ultimate scalability solution for Ethereum. While Ethereum’s network often faces congestion, Polygon provides a faster, cheaper alternative for developers and users alike. Its ability to integrate seamlessly with Ethereum makes it an attractive option for dApp creators looking to scale their projects without compromising on security. Polygon’s ecosystem has grown rapidly, attracting major DeFi platforms and NFT projects. From reducing gas fees to enabling cross-chain compatibility, Polygon’s impact on the blockchain space is undeniable. If scalability and interoperability are what you’re after, Polygon should be on your radar. 4. Cardano: A Focus on Sustainability and Innovation Cardano’s approach to blockchain development is methodical and research-driven, making it one of the most reliable altcoins on the market. Its proof-of-stake consensus mechanism is not only energy-efficient but also incredibly secure. Cardano has positioned itself as a platform for sustainable innovation, focusing on real-world use cases such as supply chain management, education, and healthcare. What sets Cardano apart is its commitment to peer-reviewed development. Every upgrade and feature is thoroughly vetted, ensuring the platform remains robust and secure. With its growing ecosystem of dApps and partnerships, Cardano is proving that slow and steady can win the race. 5. Ripple (XRP): The Pioneer of Cross-Border Payments Ripple is revolutionising how money moves across borders. Its blockchain-based payment solutions are designed to replace the outdated systems used by banks and financial institutions. By eliminating intermediaries, Ripple ensures faster, cheaper, and more transparent transactions. This makes it an attractive option for both retail investors and enterprise clients. Ripple’s legal battles have often made headlines, but its resilience and innovation continue to shine. As regulatory clarity improves, XRP could see significant adoption, making it one of the best altcoins to buy this month . Conclusion The crypto market is brimming with opportunities, but not all altcoins are created equal. Choosing the right projects to invest in requires a mix of research, timing, and a bit of intuition. The five coins we’ve highlighted—Qubetics, Ethereum, Polygon, Cardano, and Ripple—are more than just digital assets; they’re platforms solving real-world problems and shaping the future of blockchain. Qubetics stands out as a pioneer in simplifying blockchain development with its QubeQode IDE, addressing the complexities and scalability issues that have plagued the industry. Ethereum continues to dominate as the backbone of DeFi and NFTs, while Polygon’s scalability solutions make it an essential tool for developers. Cardano’s commitment to sustainability and Ripple’s innovation in cross-border payments round out this list of must-have altcoins. Whether you’re a seasoned investor or just starting your crypto journey, these projects offer a mix of short-term potential and long-term growth. The blockchain world is evolving rapidly, and these altcoins are leading the charge. If you’ve been waiting for the right moment to dive in, now is the time. For More Information : Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Related Items: Blockchain , Qubetic Share Tweet Share Share Email Recommended for you Qubetics, Stellar , and Render ($RNDR): Best Cryptos to Invest in Right Now Amid Game-Changing Partnerships and Presale Milestones Long-Term Crypto Investments: Top 4 Coins to Buy and Hold for Future Wealth AI Meets Crypto: FROGE’s Role in OpenAI’s Livestream Sparks Global Attention Comments
Kay Patterson, who rose from janitor at segregated South Carolina capitol to state senator, diesTORONTO — Canada's main stock index moved lower Monday, weighed down by energy stocks as the price of oil fell, while U.S. stock markets rose. The S&P/TSX composite index closed down 33.93 points at 25,410.35, while the Dow Jones led the way with an almost one-per-cent gain. “The themes of the last couple of weeks are familiar again today,” said Steve Locke, chief investment officer for fixed income and multi-asset strategies at Mackenzie Investments. Specific sectors that investors think could benefit from president-elect Trump’s promised policies have been leading the way, said Locke, such as financials, industrials and health care. In New York, the Dow Jones industrial average was up 440.06 points at 44,736.57. The S&P 500 index was up 18.03 points at 5,987.37, while the Nasdaq composite was up 51.19 points at 19,054.84. Amid the transition period before Trump becomes president, Locke said investors are eyeing pieces of information that could help illuminate what’s to come, in the form of nominations. The latest announcement was Scott Bessent, a hedge fund manager, for Treasury Secretary. “The markets reacted positively to his announcement,” said Locke. “I think the candidate here ... is someone that the market feels a little bit more comfortable with in the context of gradual imposition of tariffs and things like that.” U.S. Treasury yields eased on Monday, after climbing post-election. Yields were on the rise after the election as markets priced in fewer rate cuts in the coming year, said Locke, in anticipation of Trump’s pro-growth policies. However, though the election has been top of mind for investors, the U.S. Federal Reserve has a lot of economic data coming down the pipeline before its last interest rate decision this year, said Locke, including data this week on the housing market, consumer confidence, and manufacturing. “It’ll be a little bit of a mixture this week, we think, but nothing that probably changes the direction of the Fed here too much as we think about the expectations for policy rate changes in the upcoming meeting in December,” he said. Markets are currently split on whether the central bank will hold steady or announce another quarter-percentage-point cut, said Locke. Oil prices fell Monday, which Locke said was likely tied to talk of a ceasefire deal between Israel and Hezbollah. The Canadian dollar traded for 71.53 cents US compared with 71.54 cents US on Friday. The January crude oil contract was down US$2.30 at US$68.94 per barrel and the January natural gas contract was up 16 cents at US$3.44 per mmBTU. The December gold contract was down US$93.70 at US$2,618.50 an ounce and the March copper contract was up three cents at US$4.16 a pound. — With files from The Associated Press This report by The Canadian Press was first published Nov. 25, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian PressNEW YORK , Dec. 5, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global hydrogen generation market size is estimated to grow by USD 49.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.52% during the forecast period. Growing demand for fertilizers is driving market growth, with a trend towards reduction in fuel cell prices. However, changes in government policies and regulations poses a challenge. Key market players include Air Liquide SA, Air Products and Chemicals Inc., Claind Srl, Cummins Inc., FuelCell Energy Inc., Green Hydrogen Systems, Hiringa Energy Ltd., Hyster Yale Materials Handling Inc., ITM Power PLC, Iwatani Corp., Linde Plc, Mahler AGS GmbH, McPhy Energy SA, Messer SE and Co. KGaA, Mitsubishi Chemical Group Corp., Nel ASA, Parker Hannifin Corp., Resonac Holdings Corp., Teledyne Technologies Inc., and Xebec Adsorption Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Delivery Mode (Merchant and Captive), Application (Chemical industry, Refinery industry, Metal processing industry, and Others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America) Region Covered APAC, Europe, North America, Middle East and Africa, and South America Key companies profiled Air Liquide SA, Air Products and Chemicals Inc., Claind Srl, Cummins Inc., FuelCell Energy Inc., Green Hydrogen Systems, Hiringa Energy Ltd., Hyster Yale Materials Handling Inc., ITM Power PLC, Iwatani Corp., Linde Plc, Mahler AGS GmbH, McPhy Energy SA, Messer SE and Co. KGaA, Mitsubishi Chemical Group Corp., Nel ASA, Parker Hannifin Corp., Resonac Holdings Corp., Teledyne Technologies Inc., and Xebec Adsorption Inc. Key Market Trends Fueling Growth The Hydrogen Generation Market is experiencing significant growth due to increasing focus on reducing Greenhouse Gas (GHG) emissions, particularly Carbon Dioxide (CO2) from Electricity production and Heavy Industry. Infrared radiation technology is a trending solution for GHG reduction in hydrogen production. Prominent companies like Air Liquide are leading the way with Coal Gasification and Electrolysis. The Biorefinery sector is also adopting hydrogen for Ammonia and Methanol production. Despite inflation, the Industrial sector's energy consumption drives the market. Green Hydrogen Policy initiatives are boosting demand. Technological advancements in renewable sources like wind and solar power are making hydrogen production cost-effective. Key players like Air Liquide, Siemens Energy, and Linde are making contracts and acquisitions to expand their market share. Hydrogen energy storage and heat production are gaining traction. Vendor analysis reveals that renewable energy sources are replacing fossil fuels in hydrogen production. Renewable hydrogen is set to replace hydrodesulphurization, hydroCracking, reforming, and petroleum in refineries. The shift to netzero emissions is driving the adoption of hydrogen in refineries, oil refining, and fuel cell applications. Pilot projects like SoHyCal in Fresno, California , and Hygenco Green hydrogen stations are paving the way for a hydrogen-powered future. Accurate market research, including qualitative and quantitative, is essential for businesses to stay informed about this dynamic market. The market's future depends on continued technological advancements, renewable sources, and government policies. The cost reduction in fuel cell technology, primarily due to decreased platinum loading on anodes, larger bipolar plate formation and welding costs, and modified gas diffusion layers, as reported by Original Equipment Manufacturers (OEMs), has led to a decline in the production costs of fuel cell systems. This cost decrease is anticipated to boost the adoption of fuel cells in various sectors, increasing the demand for hydrogen gas and consequently driving the growth of the global hydrogen generation market. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! • The Hydrogen Generation Market is experiencing significant growth due to increasing demand for clean energy and decarbonization efforts. However, challenges persist, such as high GHG emissions from traditional production methods using fossil fuels like coal gasification and petroleum refining. Infrared radiation and greenhouse gas emissions contribute to air pollution, making renewable sources like electrolysis a more attractive option. Heavy industry and long-distance transport sectors are major consumers, driving demand for hydrogen in power generation and heat production. Prominent companies like Air Liquide are leading the way with green hydrogen production through electrolysis using renewable energy. Electricity production from biorefineries and hydrogen energy storage are technological advancements reducing reliance on fossil fuels. However, inflation and energy consumption concerns may impact market growth. Vendor analysis, contracts, and acquisitions are crucial for accurate market research. Renewable hydrogen production from sources like wind and solar power is becoming more common, reducing the carbon footprint and moving towards net-zero emissions. Pilot projects, such as SoHyCal in Fresno, California , and Hygenco Green's hydrogen stations, showcase the potential of hydrogenpowered vehicles and fuel cells. The industrial sector, including refineries, is adopting hydrogen for processes like hydrodesulphurization, hydroCracking, reforming, and ammonia and methanol production. Despite challenges, the market remains qualitative and quantitative, with renewable energy as a key driver. • The hydrogen and fuel cell industry is currently in a development stage, with no industry-specific regulations in place for hydrogen infrastructure products and fuel cell systems in Canada , the EU, the US, and other jurisdictions, except for electricity production. New technologies are emerging for hydrogen's use in storing renewable electricity. As of now, there are no regulations for fuel cell vehicles. However, with anticipated market growth, the hydrogen generation market may face government regulations in its operating markets. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This hydrogen generation market report extensively covers market segmentation by Delivery Mode 1.1 Merchant 1.2 Captive Application 2.1 Chemical industry 2.2 Refinery industry 2.3 Metal processing industry 2.4 Others Geography 3.1 APAC 3.2 Europe 3.3 North America 3.4 Middle East and Africa 3.5 South America 1.1 Merchant- The merchant delivery mode in the hydrogen generation market involves supplying hydrogen from production facilities to customer sites through tankers or storage containers. Contract agreements for this service last between three to seven years, making it suitable for customers with fluctuating demand or insufficient volume for captive production. Hydrogen can be transported over long distances at a lower cost due to the merchant delivery mode. The hydrogen is transferred from holding tanks into double-skinned tankers with capacities ranging from 10-20 metric tons. The operating pressure of these insulated tankers varies depending on the type of gas being transported. The growing demand for small quantities of hydrogen and the cost-effective nature of merchant delivery are expected to fuel the market's growth in the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The Hydrogen Generation Market is witnessing significant growth due to the increasing focus on reducing Greenhouse Gas (GHG) emissions, particularly Carbon Dioxide (CO2), in various sectors. Hydrogen produced from renewable sources, such as wind and solar, is gaining popularity as it emits only water vapor during combustion. The market is driven by the need for cleaner electricity production, heavy industry, long-distance transport, and the shift towards net-zero emissions. Technological advancements in hydrogen production through electrolysis, biorefinery, coal gasification, and petroleum refining processes like hydrodesulphurization, hydroCracking, reforming, and petroleum refining are key factors driving market growth. However, inflation and energy consumption are challenges that need to be addressed. The industrial sector, particularly oil refining, is a prominent consumer of hydrogen, but the market is also expanding to other sectors due to government policies promoting Green Hydrogen. Air pollution from fossil fuels and crude oil quality concerns are also driving demand for hydrogen as a cleaner alternative. The Hydrogen Generation Market is experiencing significant growth due to the increasing demand for clean energy and the need to reduce Greenhouse Gas (GHG) emissions, particularly in sectors such as heavy industry, long-distance transport, and power generation. Hydrogen can be produced through various methods, including electrolysis using renewable energy sources and coal gasification with Carbon Capture, Utilization, and Storage (CCUS) technology. Infrared radiation is used in some hydrogen production processes to improve efficiency. Electricity production from fossil fuels contributes to GHG emissions, making hydrogen an attractive alternative. Biorefineries are also exploring hydrogen production as a byproduct of their processes. The market is influenced by inflation, energy consumption trends, and government policies promoting Green Hydrogen. Technological advancements in hydrogen production through electrolysis, hydro desulphurization, hydroCracking, reforming, and petroleum refining are driving market growth. Renowned publishers provide qualitative and quantitative research on this market, including vendor analysis, contracts, acquisitions, and hydrogen energy storage. Renewable hydrogen is gaining popularity due to its net-zero emissions, and pilot projects like the SoHyCal facility in Fresno, California , and Hygenco Green's hydrogen stations are leading the way. The industrial sector, including ammonia and methanol production, is also adopting hydrogen to reduce its carbon footprint. Despite these advancements, challenges such as crude oil quality and refinery projects' carbon footprint remain. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Delivery Mode Merchant Captive Application Chemical Industry Refinery Industry Metal Processing Industry Others Geography APAC Europe North America Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/hydrogen-generation-market-to-grow-by-usd-49-7-billion-from-2024-2028--driven-by-fertilizer-demand-and-ai-driven-market-transformation---technavio-302322467.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
CAMBRIDGE - Grant Jordan passed for 287 yards and two touchdowns, Joshua Pitsenberger had touchdowns receiving and rushing, and Yale beat Harvard 34-29 on Saturday in the 140th playing of The Game. Yale (7-3, 4-3 Ivy League) has won six of the last eight games with Harvard in the third-most played rivalry in college football. Harvard has not won a series game at home since 2014. Harvard (8-2, 5-2) clinched a share of the league title with Dartmouth and Columbia. The Big Green have 22 titles, the Crimson 19 and the Lions secured their first since 1961. Pitsenberger had a key fourth-quarter touchdown when he came out of the backfield to catch a short pass on the left side and then cut back four different defenders to race to the right side of the end zone from 39 yards away to make it 31-15 with 12:41 to go. Pitsenberger finished with 120 yards on 25 carries and he caught three passes for 44 yards. Nick Conforti made a 36-yard field goal with 2:07 remaining to give Yale an 11-point lead. Harvard marched down the field and scored on Xaviah Bascon's short run. Yale's Da'Quan Gonzales deflected a 2-point conversion attempt to keep it a five-score game and the Bulldogs recovered the onside kick. Jaden Craig threw for 292 yards and three touchdowns for Harvard (8-2, 5-2).
Ben Sheizaf Appointed as Board Member and Chairman of the Board Tel-Aviv, Israel, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) ("Ellomay” or the "Company”) , a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, announced today that Shlomo Nehama, after serving as chairman of the board for 16 years, has decided to resign from the Company's Board of Directors. Mr. Nehama served on the Board of Directors and as the Company's Chairman of the Board since March 2008 and is a controlling shareholder of the Company. In connection with Mr. Nehama's resignation, the Company's Board of Directors unanimously appointed Mr. Ben Sheizaf as a member of the Board of Directors and as Chairman of the Board. Mr. Sheizaf will serve as a director until the Company's 2025 annual general meeting, at which he can be nominated for reappointment to the Company's Board of Directors. Mr. Sheizaf, 67, is the founder and CEO of B.P.O. Ltd., a consulting firm since 2019, and has held many senior positions in the Israeli finance and insurance sectors. Mr. Sheizaf currently serves as a member of the board and chairman of the risk management committee of Isracard Ltd. (TASE: ISCD) and as chairman of the board of Detelix Software Technologies Ltd. Between 2008-2019 he held several positions in Phoenix Financial Ltd. (TASE: PHOE), including Deputy CEO and Head of the Long-Term Savings Division, CEO of The Phoenix Pension and Provident Fund Ltd. and a board member of other companies in the group, chairman of Excellence Provident Fund Ltd. and a member of the board of Excellence Investments Ltd. (between 2018-2019), and chairman of Shekel Insurance Agency (2008) Ltd. (between 2012-2015). Mr. Sheizaf holds a B.A. in Accounting and Economics from Tel Aviv University and completed a supplemental year of accounting studies. "Having served as chairman of the board for 16 years, it is time for me to step down. We have achieved extraordinary growth and expansion with an impressive geographical spread as well. I am proud of what we have accomplished. It is with great pleasure that I thank the shareholders for their trust in us, the board members, and management for their responsible and accurate implementation of our strategic plans. The future holds many opportunities for us. I am pleased to announce Benny Sheizaf's appointment. I am confident that he will bring impressive knowledge and experience. This will help move the company forward to new heights. Needless to mention that if so requested or required I shall personally assist the board and the chairman in all aspects,” said Mr. Nehama. "It is my pleasure to thank Shlomo and the members of the board for their confidence in me. Together with Ellomay's excellent team, I am confident that we will lead the company to significant and sustainable growth,” said Mr. Sheizaf, the incoming Chairman of the Board. About Ellomay Capital Ltd. Ellomay is an Israeli based company whose shares are listed on the NYSE American and the Tel Aviv Stock Exchange under the trading symbol "ELLO”. Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel. To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including: Information Relating to Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company's management. All statements, other than statements of historical facts, included in this press release regarding the Company's plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words "estimate,” "project,” "intend,” "expect,” "believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company's forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company's forward-looking statements, including changes in electricity prices and demand, continued war and hostilities in Israel, Gaza and Lebanon, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company's facilities (such as waste and natural gas) and in the price of oil, the impact of continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company's business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Kalia Rubenbach (Weintraub) CFO Tel: +972 (3) 797-1111 Email: [email protected]
LITCHFIELD – A fiscally beleaguered Region 20 Board of Education is facing an increasing deficit in its $41.5 million budget for 2024-25, a shortfall that now stands at a projected $2.3 million as the board gears up to seek a cash infusion of $1.9 million in a referendum Dec. 3. The school board, grappling with a deficit since early July, received the latest bad news during its meeting Thursday at Lakeview High School. It came from Acting Superintendent Kristen Della Volpe and the board’s financial consultant, Thomas Ariola. Despite clamping down on discretionary spending, the board continues to face a stubborn deficit, Ariola said, one that is now higher than the projected shortfall of $2.1 million reported in July. “This is getting hard now and you are going to have to look at making cuts,” Ariola told the board. “The budget has some very large concerns, but there are ways to shave (the deficit) down to make it more reasonable.” After discussion, the board directed Della Volpe to develop a list of potential cuts for it to consider, though a dollar figure was not included in the request. Earlier in the meeting, Della Volpe said she was prepared to offer $307,000 in potential reductions. The updated shortfall, Ariola said, was identified after a “deep dive” into the budget and with help from school board member Scott Pottbecker of Morris, who works as a chief financial officer for a private school in Massachusetts. “Can we afford to wait?” Pottbecker asked regarding the prospect of making cuts. “The position we’re in isn’t going to get better. I believe we should empower (Della Volpe) to do the job of reducing the deficit.” Alternatives to cutting spending, Della Volpe said, could include rolling the deficit into the board’s budget for 2025-26 or seeking from Litchfield, Warren, Morris and Goshen a one-time tax assessment that would erase the shortfall. “We need to be prudent, get in there and do it as efficiently as possible,” school board member Matthew Terzian of Litchfield said in support of budget cuts. NEWS OF THE UPDATED DEFICIT comes as the board prepares for a referendum that will ask for $1.9 million in bonding to pay off Litchfield’s $1.8 million in existing education debt as called for in the plan that approved creation of the Region 20 district. The balance of the $1.9 million would cover fees associated with securing bonding. Bonding, if approved, would allow the board to recoup nearly $1.2 million in two payments already made to Litchfield and the remaining $700,000 due in July 2025. Without the bonding, the board could face a cash-flow problem in late winter or early spring, Ariola has advised. According to the update provided by Ariola, the review of the budget identified projected shortfalls that include $820,847 for unbudgeted noncertified staff positions, $415,340 for unbudgeted certified staff positions and $372,695 in tuition for students needing out-of-district services. There also is a projected $326,800 deficit for legal fees associated with formation of Region 20, and for central office transition, special education, technology operations and insurance. Bus transportation, meanwhile, faces a projected $324,286 deficit. That $1,416,000 line item in the budget should be $1,711,600, Ariola noted. An unanticipated increase in fuel of 20 cents per gallon and an increase in special-education transportation round out the shortfall. The review did identify a projected $330,000 surplus in pension costs and projected $143,168 savings in utilities, custodial supplies and maintenance. WARREN FIRST SELECTMAN GREGORY LACAVA will serve as moderator of a public informational meeting Tuesday that will give residents a chance to learn about the Region 20 school board $1.9 million bonding request that voters will consider Dec. 3. The meeting will be at 6 p.m. at Warren Woods. Warren’s three board representatives, Tiffany Parkhouse, Ashley Westfall and Robert DeLayo, will participate in the discussion and take questions. Contact John McKenna at jmckenna33 @ optonline.net.
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