The Ottawa Police Service says officers have identified a suspect, as the investigation continues into an alleged assault in Little Italy earlier this month. Police say a victim was standing at an intersection of Somerset Street West near Preston Street at approximately 8:45 a.m. on Nov. 2. The suspect allegedly approached and assaulted the victim "without provocation," according to police. The suspect then fled the area on foot going westbound on Somerset Street West. The victim sustained minor physical injuries. Anyone with information is asked to contact the Central Criminal Investigation Section at 613-236-1222 at extension 5166. Anonymous tips can be submitted by calling Crime Stoppers toll-free at 1-800-222-8477 or crimestoppers.ca . CTV News Ottawa has removed the suspect's photo and description from our story while police continue to investigate. Ottawa Top Stories Orleans man calls for changes after service guide dog attacked by another dog Decision expected today in trial for Convoy protester Pat King Porter Airlines launches seasonal routes between Ottawa and Florida New Ottawa police mounted unit will cost $1.4 million a year What's happening in Ottawa this weekend: Nov.22-24 uOttawa to reconsider participation in U-Pass if city increases student fares, student union says Abdi inquest: Arresting officer feared for his safety during deadly arrest, jurors hear 2 arrested during Greenpeace protest outside Stornoway residence in Ottawa CTVNews.ca Top Stories Canada issues travel warning after 6 people die from tainted alcohol in Laos The Canadian government is warning travellers following the deaths of at least six people in the mass poisoning of foreign tourists in Laos after drinking tainted alcohol. Canada's new income tax brackets in 2025: What you need to know The Canada Revenue Agency has released updated federal income tax brackets for 2025, reflecting adjustments for inflation. Here’s the breakdown. Trump granted permission to seek dismissal of hush money case A New York judge on Friday granted Donald Trump permission to seek dismissal of his hush money criminal case, in which he was found guilty earlier this year, in light of his victory in the Nov. 5 U.S. presidential election. What economists think of Trudeau's temporary tax cut, $250 cheques The federal government's 'meaty' move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, economists say. Queen Camilla skipping another public event as she recovers from chest infection Queen Camilla will miss her third public engagement in two weeks as she recovers from a chest infection, Buckingham Palace said Friday. Unruly passenger duct-taped after trying to open a plane's door mid-flight An assertive group of cross-country travellers pinned and duct-taped an unruly passenger mid-flight, after he allegedly tried to open a plane door at 30,000 feet. NATO and Ukraine to hold emergency talks after Russia's attack with new hypersonic missile NATO and Ukraine will hold emergency talks Tuesday after Russia attacked a central city with an experimental, hypersonic ballistic missile that escalated the nearly 33-month-old war. Senior killed in dog attack in northern Ont. An 81-year-old was killed in a dog attack this week in Bonfield, Ont. Police believe three dogs were involved. Tracking respiratory viruses in Canada: RSV, influenza, COVID-19 As the country heads into the worst time of year for respiratory infections, the Canadian respiratory virus surveillance report tracks how prevalent certain viruses are each week and how the trends are changing week to week. 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Editor's Picks The Ultimate 2024 Holiday Gift Guide For Nature Lovers And Outdoor Adventurers 27 Of The Absolute Best Stocking Stuffers For Men 19 Of The Absolute Best Gift Exchange Ideas For 2024 Home Our Guide to the Best Jewellery Boxes You Can Find Online Right Now 16 Home Gadgets That'll Make Your Life Easier The 5 Best Drip Coffee Makers In Canada In 2024, Tested and Reviewed Gifts 23 Great Secret Santa Gifts Under $15 From Amazon Canada All The Best Beauty Stocking Stuffers That Ring In Under $25 24 Of The Best Host And Hostess Gifts You Can Find Online Right Now Beauty 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit If You Suffer From Dry Skin, You'll Want To Add At Least One Of These Hydrating Moisturizers To Your Cart Deals These 2024 Advent Calendars Are All On Sale Right Now For Black Friday Week Run, Don't Walk — These Reviewer-Favourite Loop Earplugs Are Majorly On Sale For Amazon's Black Friday Week Sale Amazon Canada's Black Friday Week Is On: This Smart Thermometer Will Make Holiday Cooking So Much Easier (And It’s 20% Off Right Now) Atlantic NEW | Youth who pleaded guilty in death of P.E.I. teen Tyson MacDonald to be sentenced A teen who pleaded guilty in the death of another teen on Prince Edward Island last year will be sentenced Friday. Emergency alert issued for missing vulnerable man last seen in Sydney An emergency alert has been issued in Nova Scotia as Cape Breton Regional Police search for a missing vulnerable man. Wind, rainfall warnings in effect in Nova Scotia ahead of storm A series of weather warnings are in place in parts of Nova Scotia Friday morning ahead of a weekend storm. Toronto 'Not good for the economy': MPs call on federal government to regulate resale concert tickets Ticket fraud and sky-high prices for Taylor Swift concerts have some politicians calling for changes to the way tickets are sold in Canada. Toronto Santa Claus Parade organizers 'optimistic' after funding comes in for 2025 event The organizers of Toronto’s Original Santa Claus Parade are hopeful that the Jolly Old Elf will be coming to town for years to come. Mississauga man arrested after viral dangerous driving videos: police A Mississauga man has been arrested after several Instagram videos showing a dirt bike rider driving in an “extremely dangerous manner” went viral, police say. Montreal BREAKING | Quebec man, 81, gets prison sentence after admitting to killing wife with Alzheimer's disease An 81-year-old Quebec man has been sentenced to prison after admitting to killing his wife with Alzheimer's disease. Thieves steal $10K worth of meat destined for Montreal-area food baskets Staff at a non-profit organization on Montreal’s South Shore that helps feed those in need during the holidays was left upset and shaking their heads after hundreds of pounds of meat was stolen. Northvolt CEO Peter Carlsson steps down one day after bankruptcy filing in U.S. The CEO and co-founder of battery maker Northvolt, Peter Carlsson, is stepping down after being at the helm of the company since it was founded in 2016. Northern Ontario Senior killed in dog attack in northern Ont. An 81-year-old was killed in a dog attack this week in Bonfield, Ont. Police believe three dogs were involved. Province cancels deal with Canadore College for North Bay addiction treatment centre After years of delays, the province has pulled the plug on an addiction treatment centre in North Bay. A news release from Canadore College on Thursday confirmed the centre won’t be moving forward. What economists think of Trudeau's temporary tax cut, $250 cheques The federal government's 'meaty' move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, economists say. Windsor Ont. law firm seeks information on convicted Catholic priest amid active abuse lawsuit An Ontario law firm is seeking information about the movements and activities of a Catholic priest who was convicted of sexually abusing a 12-year-old boy before he died. Police look to identify theft suspects The Windsor Police Service is looking to identify two suspects involved in a theft. Windsorites unhappy to see the season’s first snowfall Thursday morning brought lower temperatures and a light dusting of snow, marking the first of the season. London Transport truck crash causes Highway 401 lane closure Significant delays are being reported in the area and tow trucks are on scene to help. No injuries have been reported. One person dead after two-vehicle crash involving delivery truck Emergency crews were called to the scene on Highway 10 around 9 a.m. for reports of a crash between a van and a delivery truck. Budget Day 1: Council holds the line on 7.4% tax rate increase but funds shelter beds and more park maintenance The first day of 2025 Budget deliberations at city hall saw a pair of high-priced programs supported by council – but only after finding ways to keep the cost off property tax bills. Kitchener Man charged in Kitchener crash involving Grand River Transit LRT Charges were laid after a crash between an LRT train and a Dodge vehicle shut down a busy Kitchener street for more than eight hours on Thursday. FunGuyz says it's closing all 30 of its magic mushroom stores in Ontario FunGuyz, which calls itself the biggest magic mushroom dispensary in Canada, says it's shutting down all 30 of its Ontario locations. More than 35 arrests made so far in downtown Guelph enhanced enforcement initiative The Guelph Police Service says more than 35 people have been arrested as part of an ongoing public safety initiative in downtown Guelph. Barrie Thieves steal wheelchair and memorabilia from local legion: OPP Provincial police are hoping to identify two suspects accused of breaking into and stealing from a local legion. Highway 400 closed in Georgian Bay Township after tanker truck rollover Emergency crews were called to Highway 400 in Georgian Bay Township Friday morning after a tanker truck rollover. Busy road in south-end Barrie to undergo major upgrades Crews installed fencing along a busy stretch of road in the south end of Barrie to protect wildlife in preparation of a major construction project on the way. Winnipeg Human remains found in Manitoba community Human remains have been discovered near a home in the RM of Rockwood, Man. Sio Silica plans to try again with controversial project in Manitoba Sio Silica is planning to try again with a controversial mining project in the same spot using the same method that the province rejected less than a year ago, but this time with more community engagement. Winnipeg shelters preparing for cold weather response Shelters in Winnipeg providing meals and places to stay for those experiencing homelessness are getting ready for winter. Calgary Calgary police investigate suspicious death in Pine Creek Calgary police are investigating after a body was found in the southwest community of Pine Creek. Danielle Smith, transportation minister in Calgary for passenger rail forum Premier Danielle Smith and her minister of transportation are in Calgary on Friday to participate in a forum examining the feasibility of passenger rail service in Alberta. Woman accused in drowning of girl at Alberta lake had been under house arrest A bail hearing has heard that a woman accused in the drowning death of a five-year-old girl in an Alberta lake didn't know the child and was supposed to be under house arrest. Edmonton Woman accused in drowning of girl at Alberta lake had been under house arrest A bail hearing has heard that a woman accused in the drowning death of a five-year-old girl in an Alberta lake didn't know the child and was supposed to be under house arrest. Fleury helps Wild beat Oilers in his 1,000th career start It certainly wasn’t the start Marc-Andre Fleury was expecting in what was otherwise a milestone night for the veteran Minnesota Wild goaltender. WEATHER | Josh Classen's forecast: Snowfall warning for tonight and Saturday A few sunny breaks in the Edmonton area this morning, but we'll be under a thick blanket of fresh snow just 24 hours from now. Regina Accused of sexual assault, Regina chiropractor takes the stand as first defense witness A Regina chiropractor accused of sexually assaulting seven different women took the stand Thursday as arguments began in his defense. Contractor fatally injured while on the job at Regina's Evraz plant Evraz North America says an investigation is underway after a contractor was fatally injured while on the job in Regina on Nov. 19. Sask. principal has sexual assault conviction overturned in light of 'butt-grabbing game' A Saskatchewan principal sentenced to six months behind bars for sexual assault has another chance to prove he’s the victim of a middle-school prank that escalated out of control. Saskatoon Sask. principal has sexual assault conviction overturned in light of 'butt-grabbing game' A Saskatchewan principal sentenced to six months behind bars for sexual assault has another chance to prove he’s the victim of a middle-school prank that escalated out of control. 'What about our spirituality?': Sask. man wants new Lighthouse operator to respect Indigenous culture A Saskatoon man is concerned about an Alberta non-profit coming into the city to open a new shelter and run the Lighthouse. First woman sworn in as mayor of Saskatoon After being sworn in Wednesday night alongside a mix of new and returning city councillors, Cynthia Block becomes the first female mayor of Saskatoon. Vancouver More wind on the way to B.C.'s South Coast as thousands still without power Another windstorm is headed to B.C.’s South Coast Friday, though Environment Canada says it will be weaker than the bomb cyclone event earlier this week. Young man arrested after 'disturbing' sexual notes left for women, B.C. RCMP say A young man has been arrested after multiple women reported receiving “disturbing” sexual notes – or in some cases underwear – in the same Burnaby, B.C., neighbourhood over recent months, the RCMP announced Thursday. 'Emotional time' for B.C. poultry farmers who have to cull thousands of birds Mark Siemens is a third-generation egg farmer in B.C.'s Fraser Valley and he recalls his grandfather sharing a story about fighting an unknown disease that raced through the farm decades ago, forcing him to cull the entire flock. Vancouver Island More wind on the way to B.C.'s South Coast as thousands still without power Another windstorm is headed to B.C.’s South Coast Friday, though Environment Canada says it will be weaker than the bomb cyclone event earlier this week. Major crime investigators reviewing death of Victoria teen, which coroner reclassified as homicide Vancouver Island’s major crime unit is investigating the case of a Victoria teenager whose death was initially ruled an accidental overdose, but has since been reclassified by coroners as a homicide. 'Emotional time' for B.C. poultry farmers who have to cull thousands of birds Mark Siemens is a third-generation egg farmer in B.C.'s Fraser Valley and he recalls his grandfather sharing a story about fighting an unknown disease that raced through the farm decades ago, forcing him to cull the entire flock. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. 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CLI to issue P5-B sustainability bondsThe College Football Playoff quarterfinal round will see the No. 2 Georgia Bulldogs (11-2) facing the No. 3 Notre Dame Fighting Irish (12-1) in the Sugar Bowl at 8:45 p.m. ET in New Orleans. Georgia is the favorite in the matchup, by 1.5 points. If you are in the market for Bulldogs vs. Fighting Irish tickets, information is available below. Georgia vs. Notre Dame game info How to buy Georgia vs. Notre Dame tickets You can buy tickets to see the Bulldogs take on the Fighting Irish from multiple sources. Georgia vs. Notre Dame betting odds, lines, spreads Odds courtesy of BetMGM Georgia Bulldogs schedule Georgia Bulldogs stats Notre Dame Fighting Irish schedule Notre Dame Fighting Irish stats This content was created for Gannett using technology provided by Data Skrive.
Will a Hezbollah-Israel Ceasefire Last?Biden opens final White House holiday season with turkey pardons and first lady gets Christmas tree WASHINGTON (AP) — President Joe Biden has kicked off his final holiday season at the White House, issuing the traditional reprieve to two turkeys who will bypass the Thanksgiving table to live out their days in Minnesota. The president welcomed 2,500 guests under sunny skies as he cracked jokes about the fates of “Peach” and “Blossom.” He also sounded wistful tones about the last weeks of his presidency. Separately, first lady Jill Biden received the delivery of the official White House Christmas tree. And the Bidens are traveling to New York later Monday for an early holiday celebration with members of the Coast Guard. Couple charged in ring suspected of stealing $1 million in Lululemon clothes MINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from upscale athletic wear retailer Lululemon.Jadion Anthony Richards and Akwele Nickeisha Lawes-Richards, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her. They're also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut. They're due back in court next month. Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season LAS VEGAS (AP) — Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General Motors. The approval ends years of wrangling that launched a federal investigation into why Colorado-based Liberty Media, would not approve the team initially started by Michael Andretti, who has since stepped aside. The 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. US goalkeeper Alyssa Naeher is retiring from international soccer U.S. women’s national team goalkeeper Alyssa Naeher is retiring from international soccer. Naeher is on the team’s roster for a pair of upcoming matches in Europe but those will be her last after a full 11 years playing for the United States. Naeher was on the U.S. team that won the Women’s World Cup in 2019 and the gold medal at this year's Olympics in France. She’s the only U.S. goalkeeper to earn a shutout in both a World Cup and an Olympic final. Bah, humbug! Vandal smashes Ebenezer Scrooge's tombstone used in 'A Christmas Carol' movie LONDON (AP) — If life imitates art, a vandal in the English countryside may be haunted by The Ghost of Christmas Yet to Come. Police in the town of Shrewsbury are investigating how a tombstone at the fictional grave of Ebenezer Scrooge was destroyed. The movie prop used in the 1984 adaption of Charles Dickens' “A Christmas Carol” had become a tourist attraction. The film starred George C. Scott as the cold-hearted curmudgeon who is visited by three ghosts on Christmas Eve who show him what will become of his life if he doesn’t become a better person. West Mercia Police say the stone was vandalized in the past week. Megachurch founder T.D. Jakes suffers health incident during sermon at Dallas church DALLAS (AP) — The founder of Dallas-based megachurch The Potter's House, Bishop T.D. Jakes, was hospitalized after suffering what the church called a “slight health incident.” Jakes was speaking to churchgoers after he sat down and began trembling as several people gathered around him Sunday at the church. Jakes' daughter Sarah Jakes Roberts and her husband Touré Roberts said in a statement on social media late Sunday that Jakes was improving. The 67-year-old Jakes founded the non-denominational The Potter's House in 1996 and his website says it now has more than 30,000 members with campuses in Fort Worth and Frisco, Texas; and in Denver. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Pilot dies in plane crash in remote woods of New York, puppy found alive WINDHAM, N.Y. (AP) — Authorities say a pilot and at least one dog he was transporting died when a small plane crashed in the snowy woods of the Catskill Mountains, though a puppy on the flight was found alive with two broken legs. The Greene County sheriff’s office says Seuk Kim of Springfield, Virginia, was flying from Maryland to Albany, New York, when the plane crashed at about 6:10 p.m. Sunday in a remote area. Officials believe the pilot died from the impact. The surviving dog was hospitalized, while a third dog was not located. The flight was connected with a not-for-profit group that transports rescue animals. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Pop star Ed Sheeran apologizes to Man United boss Ruben Amorim for crashing interview MANCHESTER, England (AP) — British pop star Ed Sheeran has apologized to Ruben Amorim after inadvertently interrupting the new Manchester United head coach during a live television interview. Amorim was talking on Sky Sports after United’s 1-1 draw with Ipswich on Sunday when Sheeran walked up to embrace analyst Jamie Redknapp. The interview was paused before Redknapp told the pop star to “come and say hello in a minute.” Sheeran is a lifelong Ipswich fan and holds a minority stake in the club. He was pictured celebrating after Omari Hutchinson’s equalizing goal in the game at Portman Road.
BlockDAG Now Offers $30M in Grants for Remarkable dApp Development – Plus, Updates on Cronos & Render Prices
Jonah Goldberg Among elites across the ideological spectrum, there's one point of unifying agreement: Americans are bitterly divided. What if that's wrong? What if elites are the ones who are bitterly divided while most Americans are fairly unified? History rarely lines up perfectly with the calendar (the "sixties" didn't really start until the decade was almost over). But politically, the 21st century neatly began in 2000, when the election ended in a tie and the color coding of electoral maps became enshrined as a kind of permanent tribal color war of "red vs. blue." Elite understanding of politics has been stuck in this framework ever since. Politicians and voters have leaned into this alleged political reality, making it seem all the more real in the process. I loathe the phrase "perception is reality," but in politics it has the reifying power of self-fulfilling prophecy. Like rival noble families in medieval Europe, elites have been vying for power and dominance on the arrogant assumption that their subjects share their concern for who rules rather than what the rulers can deliver. Political cartoonists from across country draw up something special for the holiday In 2018, the group More in Common published a massive report on the "hidden tribes" of American politics. The wealthiest and whitest groups were "devoted conservatives" (6%) and "progressive activists" (8%). These tribes dominate the media, the parties and higher education, and they dictate the competing narratives of red vs. blue, particularly on cable news and social media. Meanwhile, the overwhelming majority of Americans resided in, or were adjacent to, the "exhausted majority." These people, however, "have no narrative," as David Brooks wrote at the time. "They have no coherent philosophic worldview to organize their thinking and compel action." Lacking a narrative might seem like a very postmodern problem, but in a postmodern elite culture, postmodern problems are real problems. It's worth noting that red vs. blue America didn't emerge ex nihilo. The 1990s were a time when the economy and government seemed to be working, at home and abroad. As a result, elites leaned into the narcissism of small differences to gain political and cultural advantage. They remain obsessed with competing, often apocalyptic, narratives. That leaves out most Americans. The gladiatorial combatants of cable news, editorial pages and academia, and their superfan spectators, can afford these fights. Members of the exhausted majority are more interested in mere competence. I think that's the hidden unity elites are missing. This is why we keep throwing incumbent parties out of power: They get elected promising competence but get derailed -- or seduced -- by fan service to, or trolling of, the elites who dominate the national conversation. There's a difference between competence and expertise. One of the most profound political changes in recent years has been the separation of notions of credentialed expertise from real-world competence. This isn't a new theme in American life, but the pandemic and the lurch toward identity politics amplified distrust of experts in unprecedented ways. This is a particular problem for the left because it is far more invested in credentialism than the right. Indeed, some progressives are suddenly realizing they invested too much in the authority of experts and too little in the ability of experts to provide what people want from government, such as affordable housing, decent education and low crime. The New York Times' Ezra Klein says he's tired of defending the authority of government institutions. Rather, "I want them to work." One of the reasons progressives find Trump so offensive is his absolute inability to speak the language of expertise -- which is full of coded elite shibboleths. But Trump veritably shouts the language of competence. I don't mean he is actually competent at governing. But he is effectively blunt about calling leaders, experts and elites -- of both parties -- stupid, ineffective, weak and incompetent. He lost in 2020 because voters didn't believe he was actually good at governing. He won in 2024 because the exhausted majority concluded the Biden administration was bad at it. Nostalgia for the low-inflation pre-pandemic economy was enough to convince voters that Trumpian drama is the tolerable price to pay for a good economy. About 3 out of 4 Americans who experienced "severe hardship" because of inflation voted for Trump. The genius of Trump's most effective ad -- "Kamala is for they/them, President Trump is for you" -- was that it was simultaneously culture-war red meat and an argument that Harris was more concerned about boutique elite concerns than everyday ones. If Trump can actually deliver competent government, he could make the Republican Party the majority party for a generation. For myriad reasons, that's an if so big it's visible from space. But the opportunity is there -- and has been there all along. Goldberg is editor-in-chief of The Dispatch: thedispatch.com . Get opinion pieces, letters and editorials sent directly to your inbox weekly!Boyd Gaming CEO Keith Smith sells $2.16 million in stockRecent data on child poverty in Canada showed Manitoba led the way with the highest child poverty rate, and now advocates are calling for action to lower the number. The latest data is from 2022 and it showed Manitoba had a child poverty rate of 27.1 per cent. Winnipeg Centre had the highest percentage of low-income children at 41.1 per cent, while northern Manitoba had the highest total throughout the province at 54.1 per cent. In total, 85,520 children were living in poverty in 2022, compared to just 10,560 in 2021. Kate Kehler, the executive director of the Social Planning Council of Winnipeg, said poverty puts costs on everybody, and it doesn't just affect those who live in poverty. "It costs all of us, costs us in our health...They also unfortunately end up in the justice system; they end up with mental health disorders; they end up with addictions disorders. So there's a cost of poverty," said Kehler. Advocates have released recommendations for the provincial government to act on. The main recommendation is to reduce the 2022 numbers by 50 per cent and achieve that goal by 2027. They also want the children most impacted by this—indigenous, racialized, and recent immigrants—to be prioritized. Other priority recommendations include budgeting appropriately so CFS and the Manitoba Assistance Amendment Act are resourced and supported, indexing the Health Baby Prenatal Benefit to inflation, creating an unconditional basic income guarantee program for children aging out of CFS, and supporting community-based programs that can help kids with education. Kehler said these are things the provincial government could complete. "There are things that the government can actually start on, which is even just a discussion with the federal government to actually finally declare a CERB amnesty based on income level," said Kehler. "The money is there. In previous reports, we pointed to policies that the government, both the NDP government and the previous government, came up with. They had an affordability package with the Progressive Conservatives that had they targeted that package to low-income families, 86 per cent of families could have been lifted out of poverty. And the gas tax holiday that people are so fond of. Again, we did the math; 62 per cent of families could have been lifted out of poverty, if they had taken the tax money but redirected it." Jordan Bighorn, the executive director of the Community Education Development Association, said these recommendations are a foundation for future generations to work on tackling these issues. "(They) will realize that they'll need the scientific research and data and policy development that's all going to be listed in these recommendations... They will also then have the community value, a deeper understanding of the complexity of the diverse community that we have now, and a better understanding of what it means to build relationships. And they'll marry all of this foundation of recommendation with those values, and perhaps we might see some of that transformation happen very quickly," said Bighorn. Nahanni Fontaine, Minister of Families, said Tuesday the province will be releasing its poverty reduction strategy in the near future.
B.C. man sentenced to probation for social media stuntHealth In Tech Announces Closing of Initial Public Offering
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Dreame Gleam Hair Dryer two-minute review The $99/£80/€79 Dreame Gleam hair dryer offers a decent blend of thoughtful design, user-friendliness, and performance – especially for such a relatively cheap dryer. It’s lightweight and compact, making it comfortable to hold and easy to use. Its slim design also makes it a good travel companion, as it fits neatly into bags without taking up too much space. All of this make it a strong contender amongst the best hair dryers on the market. Aesthetically, the Gleam has a cylindrical design, curved edges, and a soft matte finish. The main temperature and mode controls are found on the back of the handle and while this placement isn’t great for making adjustments mid-style, it's intuitive enough once you get the hang of it. By contrast, the power and speed slider, conveniently and comfortably placed within reach of your thumb, is great for quick changes between the Low and High speed settings. In addition to these speeds, the Gleam has four heat modes – Cool, 57C Constant, Hot, and a Hot/Cold Cycle. Its 65m/s airflow delivers fast, efficient drying, even on the lower heat settings and the built-in ion technology, which releases 200 million negative ions, breaks down water molecules quickly, helping to reduce frizz and leave hair smooth and shiny. One of my favorite features is the Cool mode, which provides a true blast of cold air. It’s fantastic for setting styles, reducing frizz, and adding extra shine. My waves and curls held their shape noticeably longer after a quick blast of cool air. By comparison, while the 57C Constant mode is great for offering gentle heat for damaged hair, I found it to be my least favorite mode. It adds a substantial amount to the drying time without drastically improving the quality and finish of your hair. Dreametech Dreame Gleam Hair Dryer (Pink) at Walmart for $69.99 The best results, in terms of speed vs finish was with the Hot/Cold Cycle on High speed. Using this mode, I was able to dry my long, thin hair in under five minutes, and the result was soft, glossy, and full of life. This shine and smooth finish was even better when paired with the magnetic concentrator nozzle. This nozzle is excellent for directing the airflow precisely where you need it, making it ideal for smoothing out sections of hair. It's quite narrow, which doesn't lend itself well to drying all of your hair with the nozzle, but if you're willing to put in the extra time, it's worth it. Sadly, the Gleam doesn’t include a diffuser and this is a shame for people with naturally curly hair. In terms of noise, the Gleam operates quietly, with a sound level that’s comfortable for most situations. It’s easy to carry on a conversation while using it, even at higher speeds, making it less disruptive than other dryers I’ve tried. In my tests, the noise levels averaged 70dB and never exceeded 80dB, even on the High speed setting. This is quite a bit louder than Dreame's advertised 59dB, but is a minor gripe. And speaking of gripes, the fan is positioned at the base of the handle, where it meets the 5.9ft (1.8m) cord. This design makes the barrel more compact and prevents hair from getting caught in the fan blades but I constantly kept blocking it with my hand and this soon become tedious. Dreame Glory Hair Dryer review: price & availability List price: $99/£80/€79 Available: US/UK/EU The $99 / £80 / €79 Gleam hairdryer is Dreame's entry-level model, coming in at around half the price of its €159 Dreame Pocket, and €139 / A$299 Dreame Glory. It's available in the US and Europe from the Dreame website , as well as Amazon , in a pastel pink color. You can also buy it from Amazon UK in grey. Across all regions, the dryer ships with a concentrator nozzle although it doesn't have a dedicated diffuser. You can use the diffuser that ships with the Dreame Glory, as it connects in the same way, but who realistically is going to own both dryers in order to make this swap? The price and power of the Gleam puts the dryer in the lower mid-range bracket, putting it on par with the likes of the $95 BaBylissPRO, and $90 Hot Tools Pro Artist Tourmaline dryer. The BaByliss Pro ships with a similar concentrator nozzle to the Gleam, yet the Hot Tools dryer is sold with two nozzles and a diffuser for a similar price. The lack of color options and accessories make it difficult to recommend the Dreame Gleam when other, cheaper dryers offer more value and choice. That said, its power and features coupled with its focus on hair health help elevate its appeal and at least justify its price. Value for money score: 4 out of 5 Dreame Gleam Hair Dryer specs Dreame Gleam Hair Dryer review: design Compact design 4 heat modes and 2 airflow speeds Concentrator attachment If it wasn't for the pink color and soft-matte finish, it would be easy to mistake the Dreame Gleam for the Dreame Glory. The dryer’s body is cylindrical, with the same rounded edges. The two dryers are almost identical in size, shape and weight. Even down to the position of the fan at the base of the handle, and the matching power/speed and temperature controls on the side. On the rear of the Gleam dryer, where the fan is usually found, is a flat, smooth panel. Beneath this panel, on the handle, is a sliding power switch that lets you toggle between the two speed settings – Low and High. This switch is perfectly located in just the right spot so that your thumb can easily reach it without having to re-adjust your grip mid-style and this is a small but welcome feature. Below this switch is a circular button surrounded by an LED ring which lets you switch between the Gleam's four temperature modes: Cold 57°C Constant Hot Hot/Cold Cycle As you'd expect, the Cold mode blows cold air, and the Hot mode blows hot air. The Hot/Cold Cycle Mode cycles between hot and cold air as you style your hair and the 57C Constant mode offers a consistent temperature designed to prevent heat damage. I first used the Hot/Cold cycle feature on the BaByliss Air Wand and more recently on the Dreame Pocket and Dreame Glory. I initially thought I wouldn't this mode that much because it increases the styling time slightly, however it is now my go-to because it makes a noticeable difference to the finish and feel of my hair. To switch between these modes, you press the circular button found on the rear of the handle and its LED ring will change color, depending on the mode selected. Cold mode is represented by a blue LED ring; Hot mode has a red ring; Hot/Cold cycle's LED ring alternates between red and blue; and the ring on the 57C Constant mode is yellow. It's impossible to see these colors mid-style, due to the position of the button on the rear of the handle and this makes it difficult to select different modes without looking. The more you use the dryer, the more you get used to what the different modes sound and feel like but it's not massively intuitive. At just 11.6oz / 330g, the Dreame Gleam is incredibly easy to lift and move around your head, and its dimensions – 3 × 3.2 inches (7.6 × 8.2 cm) for the barrel and a 10-inch (25.5 cm) handle – make it a compact and well balanced styler. The longer handle, which I initially thought might make the dryer top-heavy, is balanced and provides a confident grip while styling. There is only one attachment for the Dreame Gleam – a smoothing concentrator nozzle that snaps onto the barrel using a satisfying magnetic mechanism. This mechanism is strong enough to keep the attachments in place during styling, but gives you the freedom to twist and turn the nozzle to different angles to reach different parts of your head and hair. The nozzle doesn't get too hot during styling either, which adds to this ease-of-use. Being positioned at the base of the handle, where it meets the 5.9ft / 1.8m cord, means its easy to block the fan with your hand. This is preferable to the fan being on the rear of the dryer and sucking your hair in, as is the case with some other dryers, but I don't love this positioning. The air outlet at the front of the Dreame Gleam is then wide enough to provide the powerful 70 m/s airflow. Design score: 4.5 out of 5 Dreame Gleam Hair Dryer review: performance 1600-watt motor High-speed motor operates at 110,000RPM 76dB average noise From my first use of the Dreame Gleam, I noticed how quickly it dried my hair, even on the lower speed and temperature settings. It handled my long, fine hair in minutes without the usual frizz or tangles and I love that you don't have to rely on intense heat to do the job. Instead, its high-speed airflow and 200 million negative ions help to break down water droplets faster, leaving my hair smooth and shiny in a short period of time. The quickest results came from using the Hot mode, in which my hair went from wet to dry in four and a half minutes on High speed. The Hot/Cold Cycle on high speed added an extra minute to this, but my hair was noticeably softer and had more movement. This combination of warm and cool air also seemed to lock in the sleek finish for much longer. The slowest results came from using the Constant 57C setting. It took more than six minutes to dry my hair on this mode and there wasn't a huge improvement in the feel or look of my hair either. This will be a great addition for very fragile or damaged hair, but may feel a bit redundant for anyone else. The Cool mode is a standout feature, though. Unlike some dryers where the cool setting just feels like slightly less warm air, the Gleam delivers a genuine blast of cold air almost immediately. After curling my hair, I used the Cool mode to lock in the waves and not only did the curls hold their shape for hours longer, they were noticeably more shiny. This mode is also great for smoothing flyaways or finishing a blowout with a polished look. The concentrator nozzle deserves a mention too. It’s great for targeting specific sections, like when I want to smooth the hair around my face. It's not the largest of nozzles so if you use it to style the whole of your head, you'll probably need to add another three or four minutes to the overall styling time. Adjusting or removing it is easy though. It's a shame that the Gleam doesn't offer a diffuser. It is possible to add the Glory's diffuser onto the barrel of the Gleam due to their identical size, but not everyone will have access to both stylers (and nor should they have to.) Another thing I appreciated about the Gleam is how quiet it is. I could still chat with my family while drying my hair and even on High speed, the dryer never exceeded 80dB. This makes it marginally quieter than the Dreame Glory. It should be noted that Dreame claims the Gleam operates around 59dB but even on the slowest, lowest setting, my app registered an average of 70dB. It's not a perfect dryer but for the price and the power, it's a worthwhile choice. Performance score: 4.5 out of 5 Should you buy the Dreame Gleam Hair Dryer? Buy it if... You want a powerful, affordable, lightweight dryer The Dreame Gleam delivers high-speed airflow in a compact, 330g body. You need quick drying with minimal damage The Gleam's range of temperature controls protects hair while providing rapid, frizz-free drying. You value sleek, modern design The Gleam’s matte finish and magnetic attachments add style and convenience – especially at this relatively low price point. Don’t buy it if.... You need a diffuser for curly hair The Gleam only includes a concentrator nozzle, limiting options for people with natural curls. You dislike rear fan placement The fan at the base of the Dreame Gleam's handle can be accidentally covered during use. You want a wider range of colors The Dreame Gleam comes with limited color options which may not suit everyone's aesthetic. How I tested the Dreame Gleam Hair Dryer I used the Dreame Gleam as my daily hair dryer over the course of four weeks at home. I used it most mornings as a replacement for my go-to hair dryer – the Revlon One Step – to dry and style my long, thin hair. To test the dryer, I experimented with the full range of speed and temperature combinations, and attachment. I paid close attention to the dryer’s features, how fast and effectively each of the modes worked, and how easy it was to use. I measured the decibel levels of the dryer on Low and High speeds throughout the testing period to achieve an average noise score. Read more about how we test First reviewed November 2024
Nutanix Reports First Quarter Fiscal 2025 Financial Results- Raising the mid-points of billings, revenue, margins, earnings per share, and free cash flow guidance ranges. - Janesh Moorjani appointed as chief financial officer. SAN FRANCISCO , Nov. 26, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the third quarter of fiscal 2025. All growth rates are compared to the third quarter of fiscal 2024, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document. Third Quarter Fiscal 2025 Financial Highlights "Autodesk is leading the industry in modernizing its go-to-market motion. These initiatives enable us to build larger and more durable direct relationships with our customers and to serve them more efficiently. We have already seen significant benefits from these optimization initiatives and there's more to come in the next phase," said Andrew Anagnost , Autodesk president and CEO. "We will continue to deploy capital to offset and buy forward dilution, a practice which has reduced our share count over the last three years, and have significantly extended the duration of our repurchase program by increasing our stock repurchase authorization. Our goal is to deliver sustainable shareholder value over many years." "We generated broad-based underlying growth across products and regions. Overall, macroeconomic, policy, and geopolitical challenges, and the underlying momentum of the business, were consistent with the last few quarters with continued strong renewal rates and headwinds to new business growth," said Betsy Rafael , Autodesk interim CFO. "Given Autodesk's sustained momentum in the third quarter, and smooth launch of the new transaction model in Western Europe , we are raising the midpoints of our billings, revenue, margins, earnings per share, and free cash flow guidance ranges." Additional Financial Details Third Quarter Fiscal 2025 Business Highlights Net Revenue by Geographic Area Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year Constant currency change compared to prior fiscal year (In millions, except percentages) $ % % Net Revenue: Americas U.S. $ 579 $ 520 $ 59 11 % * Other Americas 126 120 6 5 % * Total Americas 705 640 65 10 % 11 % EMEA 580 516 64 12 % 13 % APAC 285 258 27 10 % 14 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % 12 % ____________________ * Constant currency data not provided at this level. Net Revenue by Product Family Our product offerings are focused in four primary product families: Architecture, Engineering and Construction ("AEC"), AutoCAD and AutoCAD LT, Manufacturing ("MFG"), and Media and Entertainment ("M&E"). Three Months Ended October 31, 2024 Three Months Ended October 31, 2023 Change compared to prior fiscal year (In millions, except percentages) $ % AEC $ 751 $ 675 $ 76 11 % AutoCAD and AutoCAD LT 398 372 26 7 % MFG 307 269 38 14 % M&E 83 73 10 14 % Other 31 25 6 24 % Total Net Revenue $ 1,570 $ 1,414 $ 156 11 % Business Outlook The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the fourth quarter and full-year fiscal 2025 considers the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2025 GAAP and non-GAAP estimates is provided below or in the tables following this press release. Fourth Quarter Fiscal 2025 Q4 FY25 Guidance Metrics Q4 FY25 (ending January 31, 2025) Revenue (in millions) $1,623 - $1,638 EPS GAAP $1.21 - $1.27 EPS non-GAAP (1) $2.10 - $2.16 ____________________ (1) Non-GAAP earnings per diluted share excludes $0.85 related to stock-based compensation expense, $0.17 for the amortization of both purchased intangibles and developed technologies, and $0.05 for acquisition-related costs, partially offset by ($0.18) related to GAAP-only tax charges. Full Year Fiscal 2025 FY25 Guidance Metrics FY25 (ending January 31, 2025) Billings (in millions) $5,900 - $5,980 Up 14% - 15% Revenue (in millions) (1) $6,115 - $6,130 Up approx. 11% GAAP operating margin 21.5% - 22% Non-GAAP operating margin (2) 35.5% - 36% EPS GAAP $4.95 - $5.01 EPS non-GAAP (3) $8.29 - $8.35 Free cash flow (in millions) (4) $1,470 - $1,500 ____________________ (1) Excluding the impact of foreign currency exchange rates and hedge gains/losses, revenue guidance range would be approximately 1 percentage point higher. (2) Non-GAAP operating margin excludes approximately 11% related to stock-based compensation expense, approximately 2% for the amortization of both purchased intangibles and developed technologies, and approximately 1% related to acquisition-related costs. (3) Non-GAAP earnings per diluted share excludes $3.15 related to stock-based compensation expense, $0.61 for the amortization of both purchased intangibles and developed technologies, $0.23 related to acquisition-related costs, and $0.04 related to losses on strategic investments, partially offset by ($0.69) related to GAAP-only tax charges. (4) Free cash flow is cash flow from operating activities less approximately $30 million of capital expenditures. The fourth quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 20 percent and 19 percent for GAAP and non-GAAP results, respectively. Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions. Therefore, assumptions for the annual effective tax rate are evaluated regularly and may change based on the projected geographic mix of earnings. Earnings Conference Call and Webcast Autodesk will host its third quarter conference call today at 5 p.m. ET . The live broadcast can be accessed at autodesk.com/investor . A transcript of the opening commentary will also be available following the conference call. A replay of the broadcast will be available at 7 p.m. ET at autodesk.com/investor . This replay will be maintained on Autodesk's website for at least 12 months. Investor Presentation Details An investor presentation, Excel financials and other supplemental materials providing additional information can be found at autodesk.com/investor . Key Performance Metrics To help better understand our financial performance, we use several key performance metrics including billings, recurring revenue and net revenue retention rate. These metrics are key performance metrics and should be viewed independently of revenue and deferred revenue. These metrics are not intended to be combined with those items. We use these metrics to monitor the strength of our recurring business. We believe these metrics are useful to investors because they can help in monitoring the long-term health of our business. Our determination and presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in addition to, not as a substitute for or in isolation from, our financial measures prepared in accordance with GAAP. Glossary of Terms Billings: Total revenue plus the net change in deferred revenue from the beginning to the end of the period. Cloud Service Offerings : Represents individual term-based offerings deployed through web browser technologies or in a hybrid software and cloud configuration. Cloud service offerings that are bundled with other product offerings are not captured as a separate cloud service offering. Constant Currency (CC) Growth Rates: We attempt to represent the changes in the underlying business operations by eliminating fluctuations caused by changes in foreign currency exchange rates as well as eliminating hedge gains or losses recorded within the current and comparative periods. We calculate constant currency growth rates by (i) applying the applicable prior period exchange rates to current period results and (ii) excluding any gains or losses from foreign currency hedge contracts that are reported in the current and comparative periods. Design Business: Represents the combination of maintenance, product subscriptions, and all EBAs. Main products include, but are not limited to, AutoCAD, AutoCAD LT, Industry Collections, Revit, Inventor, Maya and 3ds Max. Certain products, such as our computer aided manufacturing solutions, incorporate both Design and Make functionality and are classified as Design. Enterprise Business Agreements (EBAs): Represents programs providing enterprise customers with token-based access to a broad pool of Autodesk products over a defined contract term. Flex: A pay-as-you-go consumption option to pre-purchase tokens to access any product available with Flex for a daily rate. Free Cash Flow: Cash flow from operating activities minus capital expenditures. Industry Collections: Autodesk Industry Collections are a combination of products and services that target a specific user objective and support a set of workflows for that objective. Our Industry Collections consist of: Autodesk Architecture, Engineering and Construction Collection, Autodesk Product Design and Manufacturing Collection, and Autodesk Media and Entertainment Collection. Maintenance Plan: Our maintenance plans provide our customers with a cost effective and predictable budgetary option to obtain the productivity benefits of our new releases and enhancements when and if released during the term of their contracts. Under our maintenance plans, customers are eligible to receive unspecified upgrades when and if available, and technical support. We recognize maintenance revenue over the term of the agreements, generally one year. Make Business: Represents certain cloud-based product subscriptions. Main products include, but are not limited to, Assemble, Autodesk Build, BIM Collaborate Pro, BuildingConnected, Fusion, and Flow Production Tracking. Certain products, such as Fusion, incorporate both Design and Make functionality and are classified as Make. Net Revenue Retention Rate (NR3): Measures the year-over-year change in Recurring Revenue for the population of customers that existed one year ago ("base customers"). Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago. Recurring Revenue is based on USD reported revenue, and fluctuations caused by changes in foreign currency exchange rates and hedge gains or losses have not been eliminated. Recurring Revenue related to acquired companies, one year after acquisition, has been captured as existing customers until such data conforms to the calculation methodology. This may cause variability in the comparison. Other Revenue: Consists of revenue from consulting, and other products and services, and is recognized as the products are delivered and services are performed. Product Subscription: Provides customers a flexible, cost-effective way to access and manage 3D design, engineering, and entertainment software tools. Our product subscriptions currently represent a hybrid of desktop and cloud functionality, which provides a device-independent, collaborative design workflow for designers and their stakeholders. Recurring Revenue: Consists of the revenue for the period from our traditional maintenance plans, our subscription plan offerings, and certain Other revenue. It excludes subscription revenue related to third-party products. Recurring revenue acquired with the acquisition of a business is captured when total subscriptions are captured in our systems and may cause variability in the comparison of this calculation. Remaining Performance Obligations (RPO): The sum of total short-term, long-term, and unbilled deferred revenue. Current remaining performance obligations is the amount of revenue we expect to recognize in the next twelve months. Solution Provider : Solution Provider is the name of our channel partners who primarily serve our new transaction model customers worldwide. Solution Providers may also be resellers in relation to Autodesk solutions. Spend : The sum of cost of revenue and operating expenses. Subscription Plan: Comprises our term-based product subscriptions, cloud service offerings, and EBAs. Subscriptions represent a combined hybrid offering of desktop software and cloud functionality which provides a device-independent, collaborative design workflow for designers and their stakeholders. With subscription, customers can use our software anytime, anywhere, and get access to the latest updates to previous versions. Subscription Revenue: Includes our cloud-enabled term-based product subscriptions, cloud service offerings, and flexible EBAs. Unbilled Deferred Revenue: Unbilled deferred revenue represents contractually stated or committed orders under early renewal and multi-year billing plans for subscription, services, and maintenance for which the associated deferred revenue has not been recognized. Under FASB Accounting Standards Codification ("ASC") Topic 606, unbilled deferred revenue is not included as a receivable or deferred revenue on our Condensed Consolidated Balance Sheet. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements in the paragraphs under "Business Outlook" above statements about our short-term and long-term goals, statements regarding our strategies, market and product positions, performance and results, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia and the current conflict between Israel and Hamas; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Our estimates as to tax rate are based on current interpretations of existing tax law and could be affected by changing interpretations, further guidance, and additional tax legislation. Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. About Autodesk The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything Autodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts. Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2024 Autodesk, Inc. All rights reserved. Autodesk, Inc. Condensed Consolidated Statements of Operations (In millions, except per share data) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 (Unaudited) (Unaudited) Net revenue: Subscription $ 1,457 $ 1,314 $ 4,195 $ 3,777 Maintenance 9 12 31 40 Total subscription and maintenance revenue 1,466 1,326 4,226 3,817 Other 104 88 266 211 Total net revenue 1,570 1,414 4,492 4,028 Cost of revenue: Cost of subscription and maintenance revenue 105 94 305 285 Cost of other revenue 19 21 57 62 Amortization of developed technologies 23 12 62 34 Total cost of revenue 147 127 424 381 Gross profit 1,423 1,287 4,068 3,647 Operating expenses: Marketing and sales 525 439 1,474 1,344 Research and development 378 339 1,092 1,021 General and administrative 161 165 477 438 Amortization of purchased intangibles 13 10 37 31 Total operating expenses 1,077 953 3,080 2,834Pitt basketball ranked 25th in coaches' pollTrump’s tariff threat a grim reminder of turbulent trade in first administration
FORT LAUDERDALE, Fla. (AP) — A boat explosion at a South Florida marina has left one person dead and five others injured, officials said. The explosion occurred Monday night at the Lauderdale Marina, Fort Lauderdale Fire Rescue said in a social media post. Rescue workers transported five people to local hospitals, three with traumatic injuries, officials said. A sixth person was found dead in the water several hours later by the Broward Sheriff's Office. Fire rescue officials said they didn't immediately know what caused the explosion.