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2025-01-19
STUART, Fla. , Dec. 20, 2024 /PRNewswire/ -- Health In Tech, Inc., an Insurtech platform company backed by third-party AI technology, today announced the pricing of its initial public offering of 2,300,000 shares of its Class A common stock, at a public offering price of $4.00 per share. In addition, Health In Tech has granted the underwriter a 30-day option to purchase up to an additional 345,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Capital Market on December 23, 2024 , under the ticker symbol "HIT". The offering is expected to close on December 24, 2024 , subject to customary closing conditions. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Amazon to invest an additional $4 billion in AI startup Anthropicdb 777

PULLMAN — In a matter of hours, Washington State lost both its coordinators. Cougars offensive coordinator Ben Arbuckle is leaving for the same job at SEC school Oklahoma, according to multiple reports, which comes hours after the school announced it’s parting ways with defensive coordinator Jeff Schmedding . Arbuckle coached two seasons at WSU, which finished the regular season No. 12 nationally in scoring offense, putting up 37 points per game. The Cougars averaged 269 passing yards per game, No. 24 nationally, and 172 rushing yards per game, No. 55. Quarterback John Mateer leads the country with 44 total touchdowns, including 29 through the air and 15 on the ground. Arbuckle, 29, came to WSU by way of Western Kentucky , where he worked two seasons, one as an offensive quality control coach and the second as co-offensive coordinator and QBs coach. At 27, he was the youngest Power Five offensive coordinator in the country when he was hired by WSU in January 2023. In Arbuckle’s offense this season, senior receiver Kyle Williams cleared the 1,000-yard receiving mark, becoming the first WSU receiver to do so since Brandon Arconado in 2019. Transfer receiver Kris Hutson also piled up 683 yards and two scores on 54 catches. In recent games, though, Arbuckle and the Cougars’ offense scuffled at times. In WSU’s 15-14 loss to Wyoming last weekend, the Cougs didn’t score in the second half, recording just 57 yards of offense in the second half. Thanks to a late fumble against Oregon State, WSU missed a chance to tie that game up, and the Cougars were prone to third-quarter lulls, especially away from home. In fact, when Williams scored on a long touchdown reception against Oregon State on Nov. 23, it was WSU’s first third-quarter touchdown away from home since a win over Washington on Sept. 14. It underscores a bit of inconsistency that the Cougs’ offense couldn’t shake this season, particularly in road games. But Arbuckle and WSU’s offense also racked up 70 points against FCS Portland State, 37 against Texas Tech, 54 in a double-overtime win over San Jose State, 42 against Hawaii and 49 against Utah State. The Cougs played eight Mountain West schools this season as part of a Pac-12/MWC scheduling agreement that provided WSU and OSU games for this season.Wisconsin faces its first losing season in 23 years and the end of a bowl streak when the Badgers host arch-rival Minnesota on Friday in the annual Big Ten battle for Paul Bunyan's Axe. Minnesota (6-5, 4-4) lost to No. 4 Penn State 26-25. Wisconsin (5-6, 3-5 Big Ten) lost its fourth straight, 44-25, at Nebraska in a game that was not as close as the score. "Well 1890 is the first time we played this football team coming up and this is what it's all about," Minnesota coach P.J. Fleck said of the rivalry. "And you wouldn't want to have it any other way, being able to end the season with one of your biggest rivals. I know our guys will be ready to go, ready to play." Wisconsin has 22 consecutive winning seasons since going 5-7 under Barry Alvarez in 2001, the longest active streak among Power 4 teams. The Badgers also have played in a bowl game in each of the last 22 seasons, the longest active streak in the Big Ten and third-longest in FBS. Wisconsin coach Luke Fickell is more concerned with the rivalry game than the winning season and bowl streaks. "I'm not downplaying it, I'm not saying it's not important, I'm not saying it's another thing that's on our plate," Fickell said Monday. "But when it gets down to this last week, it's about one thing, it's about the rivalry. It's about preparing to play in the most important game of the year." The Gophers have dropped their last two games after winning four in a row. Minnesota averages 26.6 points per game, while allowing 18.5, 15th-best in the country. Max Brosmer has completed 67 percent of his passes for 221 per game with 15 touchdowns and five interceptions. Daniel Jackson is the top target with 69 catches for 802 yards and three scores, and Darius Taylor is the top rusher with 730 yards at 4.8 per carry with nine touchdowns. One week after leading Oregon after three quarters, the Wisconsin defense was shredded for 473 yards and five touchdowns by Nebraska. Braedyn Locke, who took over at quarterback when Tyler Van Dyke suffered an early season-ending knee injury, has thrown at least one interception in eight consecutive games. Locke has completed 56.4 percent of his passes for 180.6 yards per game, with 12 touchdowns and 10 picks. Tawee Walker is the leading rusher with 828 yards at 4.7 per carry with 10 touchdowns. He has failed to reach 60 yards in three of the last four games. Former Wisconsin and NFL standout JJ Watt posted on social media his assessment - and frustration - with the Badgers after the Nebraska game. "Losing happens, it's part of the game. Hearing announcers talk about how much tougher and more physical Nebraska & Iowa are while getting blown out ... that's the issue," Watt wrote on X. "We are Wisconsin. Physicality, running game, great O-Line and great defense. That is our identity." Wisconsin defeated the Gophers 28-14 last after Minnesota had won the previous two meetings. The Badgers have won 7 of the last 10 and lead the storied series 63-62-8. --Field Level Media

Saturday, December 21, 2024 Imagine boarding a flight from San Francisco, settling into a plush seat, and knowing that 16 hours later, you’ll arrive in Singapore, one of Asia’s most dynamic cities. Starting in 2025, United Airlines will make that experience even more accessible by adding a third daily flight between San Francisco and Singapore. This expansion isn’t just about numbers—it’s about meeting the needs of travelers like you, who value flexibility, convenience, and comfort. This new flight is more than just an added service; it’s a lifeline for frequent flyers, business travelers, and adventurers alike. If you’ve ever scrambled to find a flight that fits your schedule, you’ll understand the relief of having more options. Business professionals can now plan their trips with greater precision, and leisure travelers will find it easier to embark on journeys to Asia, whether it’s for a dream vacation in Singapore or a multi-stop adventure through Malaysia and Thailand. The route also capitalizes on Singapore’s world-famous Changi Airport, a marvel of efficiency and comfort. With its gardens, high-tech lounges, and seamless connections to over 70 destinations, it’s more than an airport—it’s a destination in itself. United isn’t just adding flights; it’s upgrading the entire travel experience. Their Boeing 787-9 Dreamliners are a step above, designed for long-haul comfort with reduced cabin altitude and advanced technology to make those 16 hours feel far less grueling. Whether you’re stretching out in Polaris business class or enjoying premium economy, every detail has been thought through to enhance your journey. On the ground, both San Francisco International Airport and Changi Airport are enhancing their lounges to provide a touch of luxury. Imagine sipping a freshly brewed espresso or enjoying a quiet nap in a private pod before your flight—it’s these little touches that make a world of difference. For those in the tech world, this route is a bridge between Silicon Valley and Singapore’s booming start-up scene. With over 150 venture capital firms fueling innovation in Singapore, the city is quickly becoming Asia’s answer to Silicon Valley. These flights will make it easier to connect, collaborate, and create across continents. For leisure travelers, Singapore is a gateway to experiences that awaken the senses. Picture strolling through the lush greenery of the UNESCO-listed Botanic Gardens, marveling at the futuristic Marina Bay Sands, or savoring a meal at a bustling hawker center for under $10. It’s more than a destination—it’s a journey filled with unforgettable experiences. If you’re a frequent flyer, this news gets even better. A roundtrip between San Francisco and Singapore could earn you up to 11,000 miles, inching you closer to elite status and those coveted upgrades. And with Singapore Airlines and United strengthening their collaboration, using your miles has never been easier. The competition between these airlines is already driving fares down. Imagine scoring a roundtrip ticket for under $600—a rare treat for transpacific travel. As airlines compete for passengers, travelers can look forward to more affordable fares and improved services that enhance the overall travel experience. At its heart, this expansion isn’t just about planes or schedules—it’s about people. It’s about making it easier for a mother to visit her family in Singapore, for a young entrepreneur to pitch their start-up idea in Silicon Valley, or for a curious traveler to experience the rich cultures of Asia. United and Singapore Airlines are investing not just in flights but in the stories of the people they carry. From the premium cabin upgrades to the expanded lounge services, every detail speaks to their commitment to making your journey memorable. The world feels a little smaller when connections are seamless and travel is enjoyable. This expansion between San Francisco and Singapore is more than a business move—it’s a step toward bringing people closer, fostering innovation, and sharing experiences across continents. So, whether you’re traveling for work, chasing an adventure, or visiting loved ones, these flights are designed with you in mind. As the skies grow busier and the world more interconnected, this route is a reminder of what travel is truly about: connections, opportunities, and the joy of discovering something new. Pack your bags—the future of transpacific travel is waiting.

Miliband’s green zeal plays into Nigel Farage’s handsCar industry suffers another breakdown: Vauxhall-owner Stellantis shares plunge as boss quits By CALUM MUIRHEAD Updated: 22:00, 2 December 2024 e-mail View comments The global car industry suffered another convulsion yesterday as shares in Vauxhall’s owner plunged following the surprise exit of its chief executive. Stellantis’s stock, which is listed in Paris and Milan, tumbled 6.3 per cent to its lowest level in more than two years as Carlos Tavares, one of the most respected figures in the industry, dramatically resigned on Sunday ahead of his expected retirement in early 2026. Tavares’s departure came after his reputation took a hit in September when the company issued a major profit warning amid intense competition from Chinese rivals and weak US demand. ‘This sets an unprecedented challenge for investors looking to invest in a firm with such volatility in the management team,’ said analysts at investment bank JP Morgan. Analysts at broker Jefferies added that his exit, thought to have been the result of a row over corporate strategy between the chief executive, the board and major investors, would ‘cast doubts’ about the effectiveness of Stellantis’s model of multiple car brands being owned by a single conglomerate. The departure of Tavares, 66, came days after Stellantis – which also owns brands including Jeep, Fiat and Peugeot – announced plans to close its Vauxhall factory in Luton, putting more than 1,100 jobs at risk. Stock shock: Stellantis's stock, tumbled 6.3% to its lowest level in more than two years after boss Carlos Tavares (pictured), dramatically resigned on Sunday The problems highlight the misery facing global car makers, who find themselves caught in a perfect storm of falling demand, rising competition and increasing pressure from governments to adapt their production to hit net-zero targets. Volkswagen (VW) is embroiled in a dispute with workers over plans to close at least three of its German factories and lay off thousands of staff alongside a 10 per cent pay cut for those remaining. Meanwhile, Japanese group Nissan is facing a make-or-break year. Last month, it unveiled plans to axe 9,000 jobs as it tries to keep itself afloat amid plunging profits and an exodus of senior executives that has left it on the brink of collapse. Boss Makoto Uchida has presided over the company’s worst share price performance in 50 years. The company’s fate has big implications for the UK, where Nissan employs 7,000 staff, mostly in Sunderland. RELATED ARTICLES Previous 1 Next Neglect imperils Royal Mail: Government should have learned... Political turmoil in France sends euro tumbling and... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account Ford, the long-dominant US motoring group, is also struggling to adapt. Last week, UK boss Lisa Brankin called on the Government to introduce incentives to encourage drivers to buy electric vehicles after the firm announced 4,000 job cuts in Europe over the next three years, including 800 in Britain, due to low demand and competition pressures. Industry watchers say all the major car brands are suffering from a poisonous cocktail of sluggish demand for electric cars and rising competition from China. Chinese car makers, on the back of substantial subsidies from Beijing, have begun to dominate their domestic market and are now looking to break into other countries, adding more competition to the sector. America has already slapped a 100 per cent tariff on imports of Chinese electric cars. In October, the EU approved plans for tariffs of up to 45 per cent on electric cars from China. But the Government seems unlikely to follow the examples set in Washington and Brussels, with Prime Minister Keir Starmer having recently met with Chinese president Xi Jinping in a bid to thaw relations between the two countries. Andy Palmer, the former boss of Aston Martin, said the situation reminded him of when Japanese car makers first began to challenge their Western counterparts in the 1970s and 1980s. He told the Mail: ‘At that time, it did seem like the Japanese were eating everybody’s breakfast and right now it feels like the Chinese are eating everybody’s breakfast.’ Shutting up shop: The departure of Tavares, 66, came days after Stellantis announced plans to close its Vauxhall factory in Luton, putting more than 1,100 jobs at risk He added that the crisis-hit automakers were now paying the price for adapting too slowly as rivals surged ahead. ‘Nissan, Ford and Stellantis were particularly slow to react to a changing world,’ he said. Factory closures in Britain are also intensifying a row between the industry and ministers over targets intended to boost the number of electric cars on the roads. Electric cars must make up at least 22 per cent of sales for car makers this year, a figure that will rise to 80 per cent by 2030. Firms that fall short face hefty fines. Labour has also pledged to reintroduce a ban on new petrol and diesel cars by 2030 after the Conservative government previously pushed back the deadline to 2035. But car makers have urged the Government to rethink the targets, warning that falling demand for electric vehicles from consumers means they are being forced to close factories and cut jobs instead. The Government’s stance appeared to soften last week when Business Secretary Jonathan Reynolds admitted to MPs that the electric vehicle mandate was ‘not working as anyone intended’. David Bailey, a car industry expert at the University of Birmingham, said the Government needs to find ways to stimulate demand for electric cars and that ‘simply telling car firms to supply electric vehicles isn’t going to cut it’. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you Share or comment on this article: Car industry suffers another breakdown: Vauxhall-owner Stellantis shares plunge as boss quits e-mail Add comment Some links in this article may be affiliate links. If you click on them we may earn a small commission. 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Regal Rexnord Co. ( NYSE:RRX – Get Free Report ) announced a quarterly dividend on Thursday, October 24th, Zacks Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.35 per share on Tuesday, January 14th. This represents a $1.40 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Tuesday, December 31st. Regal Rexnord has raised its dividend payment by an average of 5.3% per year over the last three years and has raised its dividend annually for the last 19 consecutive years. Regal Rexnord has a payout ratio of 13.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Regal Rexnord to earn $10.40 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 13.5%. Regal Rexnord Price Performance Shares of NYSE:RRX opened at $156.50 on Friday. Regal Rexnord has a one year low of $130.94 and a one year high of $185.28. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.45 and a quick ratio of 1.35. The company’s fifty day moving average price is $169.11 and its 200-day moving average price is $159.77. The firm has a market capitalization of $10.36 billion, a price-to-earnings ratio of 49.37, a PEG ratio of 1.83 and a beta of 1.03. Insider Activity at Regal Rexnord In other news, CEO Louis V. Pinkham sold 8,774 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $180.03, for a total value of $1,579,583.22. Following the transaction, the chief executive officer now owns 149,618 shares in the company, valued at approximately $26,935,728.54. This represents a 5.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . 0.82% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades A number of equities analysts recently commented on the company. StockNews.com raised Regal Rexnord from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th. Barclays raised their target price on shares of Regal Rexnord from $190.00 to $205.00 and gave the stock an “overweight” rating in a research note on Thursday, December 5th. Loop Capital reiterated a “buy” rating and issued a $200.00 price target on shares of Regal Rexnord in a research report on Thursday, September 19th. The Goldman Sachs Group increased their price target on Regal Rexnord from $191.00 to $213.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Robert W. Baird decreased their price target on Regal Rexnord from $223.00 to $208.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Regal Rexnord currently has an average rating of “Moderate Buy” and an average target price of $205.13. Check Out Our Latest Research Report on Regal Rexnord About Regal Rexnord ( Get Free Report ) Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets. Further Reading Receive News & Ratings for Regal Rexnord Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regal Rexnord and related companies with MarketBeat.com's FREE daily email newsletter .Bad Axe: Wisconsin wary of rival Minnesota with bowl bid in peril

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