BillionToOne to Present at the 43rd Annual J.P. Morgan Healthcare Conference
BillionToOne to Present at the 43rd Annual J.P. Morgan Healthcare ConferenceThe Baltimore City school system is taking steps to avoid losing federal funding due to unmet requirements under the state’s Blueprint for Maryland’s Future education reform plan. The Blueprint Accountability and Implementation Board voted Thursday to officially warn the Baltimore City and Montgomery County school systems that they have not complied with certain criteria that would warrant the board’s approval to release fiscal years 2025 and 2026 Blueprint funds. The goal of the Blueprint plan is to reform Maryland’s early childhood, elementary and secondary schools for all students. Sandi Jacobs, Blueprint Implementation Coordinator for Baltimore City Schools, was aware that the system still has one outstanding piece of the implementation plan — the career ladder, which is designed to boost skills, leadership and compensation, that required negotiation with the Baltimore teachers union. The Baltimore Teachers Union and the school system reached a stalemate ahead of a state deadline, and formal impasse papers were filed after several rounds of negotiations over specifics in the teacher career ladder. “I’m here today to express directly to the members of the AIB that the delay is not the result of inattention, lack of commitment or urgency, or a failure to understand the timeline on our part,” Jacobs said at the Blueprint Accountability and Implementation Board meeting. The city’s school system initiated discussion of a new career ladder framework with its bargaining unit in July of 2023. The schools negotiated for many months and reached an impasse in June 2024. Impasse procedures were then initiated at that point, and after additional months of mediation, city schools reached a tentative agreement with the Baltimore Teachers Union earlier this month. “We purposely began these discussions a full year before the new career ladder was scheduled to go into effect and due for submission to the AIB because we understood the complexity and importance of the task,” Jacobs said. Baltimore City schools had existing career pathways in place that would be sunset as it transitioned to the new Blueprint career ladder. “We’ve been committed to applying the lessons learned from these previous pathways, while also making sure we meet all the Blueprint requirements and serve the best interest of our educators and our students,” Jacob said at the meeting. “We’re pleased to now have a tentative agreement for a new career ladder, which will provide a comprehensive career advancement system for educators that fosters continuous professional growth, recognizes and rewards exemplary teaching practices, provides opportunities for leadership and specialized roles and allows exceptional educators to stay in the classroom — ultimately enhancing the quality of education and student outcomes in City Schools.” City schools will submit the plan to the Blueprint Accountability and Implementation Board as soon as possible after ratification by the bargaining unit and approval by the Baltimore City Board of school Commissioners, which is scheduled for Dec. 10. The Blueprint for Maryland’s Future was passed by the Maryland General Assembly in 2021 to boost public education. The Blueprint increases state funding for education over the next 10 years, with the goal of accelerating student performance, and helping children, who have been historically underserved by the education system. “We are pleased to now have a tentative agreement for a new career ladder, which will provide a comprehensive career advancement system for educators that fosters continuous professional growth, recognizes and rewards exemplary teaching practices, provides opportunities for leadership and specialized roles, and allows exceptional educators to stay in the classroom, ultimately enhancing the quality of education and student outcomes in City Schools,” a Baltimore City Schools spokesperson said. Isiah “Ike” Leggett, Chair of the Blueprint Accountability and Implementation Board, said schools have been challenged adjusting to the criteria because it’s such a massive program with large areas to cover. As a result, the group has built in additional time and safeguards to help with the process. The board has also hired additional personnel to work with the schools to meet the requirements of the program. “This is a massive change in how we approach public education in the state of Maryland,” Leggett told The Baltimore Sun on Friday. “That was to be anticipated in my opinion. It’s a challenge but it’s not insurmountable.” Have a news tip? Contact Todd Karpovich at tkarpovich@baltsun.com or on X as @ToddKarpovich.
HOUSTON , Dec. 2, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, recently completed a project for a second global supermajor oil and gas company in the Gulf of Mexico (GOM) to perform a subsea field inspection utilizing its flagship underwater vehicle, Aquanaut Mark 2. Nauticus' Autonomous Solutions team completed the inspection in the GOM last month. The scope involved multiple days of executing visual inspections of subsea assets. This demonstration aimed to validate the ability of Nauticus' technology to fulfill the customer's subsea technology roadmap. Nauticus and the customer are discussing 2025 projects. Nauticus' CEO and President, John Gibson , commented, "We are excited to be in collaboration with another critical customer. Our mutual goal is the enhancement of decision-making while minimizing environmental impact. By deploying autonomous technology, we can materially reduce daily diesel fuel consumption and associated emissions for each Aquanaut in operation." About Nauticus Robotics Nauticus Robotics, Inc. develops autonomous robots for the ocean industries. Autonomy requires the extensive use of sensors, artificial intelligence, and effective algorithms for perception and decision allowing the robot to adapt to changing environments. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus has designed and is currently testing and certifying a new generation of vehicles to reduce operational cost and gather data to maintain and operate a wide variety of subsea infrastructure. Besides a standalone service offering and forward-facing products, Nauticus' approach to ocean robotics has also resulted in the development of a range of technology products for retrofit/upgrading traditional ROV operations and other third-party vehicle platforms. Nauticus' services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure. Cautionary Language Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Act"), and are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. Such forward-looking statements include but are not limited to: the expected timing of product commercialization or new product releases; customer interest in Nauticus' products; estimated operating results and use of cash; and Nauticus' use of and needs for capital. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or "continue" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Nauticus' management's current expectations and beliefs, as well as a number of assumptions concerning future events. There can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Nauticus is not under any obligation and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports which Nauticus has filed or will file from time to time with the Securities and Exchange Commission (the "SEC") for a more complete discussion of the risks and uncertainties facing the Company and that could cause actual outcomes to be materially different from those indicated in the forward-looking statements made by the Company, in particular the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in documents filed from time to time with the SEC, including Nauticus' Annual Report on Form 10-K filed with the SEC on April 10, 2024 . Should one or more of these risks, uncertainties, or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The documents filed by Nauticus with the SEC may be obtained free of charge at the SEC's website at www.sec.gov . View original content to download multimedia: https://www.prnewswire.com/news-releases/nauticus-robotics-completes-aquanaut-mark-2-evaluation-agreement-with-a-global-supermajor-oil--gas-customer-302319802.html SOURCE Nauticus Robotics, Inc.Stock market today: Stocks waver in thin trading after US markets reopen following a holiday pause
The opening round of the expanded Playoff didn’t produce any classic games, but it did bring in sizable TV audiences. Friday and Saturday’s four first-round games averaged 10.6 million viewers on ABC, and , with the two primetime contests (Tennessee at Ohio State on Saturday and Indiana at Notre Dame on Friday) drawing the second- and third-most viewers of any college football contest this season. There’s no real like-for-like comparison for the four CFP games this year to prior years, as in the past the playoff featured only four teams. ESPN notes, however, that the four games averaged more viewers than the non-CFP New Year’s bowls after the 2023 season (8.14 million) and also topped the average this year’s four major conference championship games (10 million). Ohio State’s 42-17 win over Tennessee Saturday night drew the biggest TV audience of the first round with 14.3 million viewers on ESPN and ABC. Notre Dame’s 27-17 win over Indiana on Friday night posted 13.4 million viewers; they trail only the Dec. 7 SEC championship game (16.6 million viewers) among all college football telecasts this season. TNT Sports had the two daytime games on Saturday, as part of a with rightsholder ESPN, scoring the two most-watched college football games ever for the outlet (TNT resumed airing college games this year for the first time since 2006). The Texas-Clemson game (a 38-24 win for Texas) brought in 8.6 million viewers in the late afternoon, and Penn State’s 38-10 blowout of SMU averaged 6.4 million in the noon ET spot. ESPN will air the remaining rounds of the playoff, leading up to the national championship game on Jan. 20. Last year’s semifinals averaged about , and the title game drew 25.05 million. THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood ReporterWhile Elon Musk is currently the talk of Washington, his mother, Maye Musk , is illuminating Beijing and other Chinese cities she visits. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping For years, the 76-year-old mother of the richest man in the world has been travelling throughout the PRC. According to The Guardian's senior China correspondent, she has signed copies of the Chinese edition of her book, A Woman Makes a Plan, walked the red carpet at a cosmetics show in Wuhan, and attended a gala dinner in Hangzhou just this month, as quoted in a report by The Daily Beast. On X, her son's social media platform, two weeks ago, she wrote to her Chinese fans, thanking them for making it a bestseller. However, China's bestseller list does not include Maye Musk's book. Walter Isaacson's biography of her son Elon Musk was the only Musk-related book on the Chinese bestseller lists in October, according to The Guardian. Nevertheless, Maye Musk has suddenly become a valuable resource for China. As her billionaire global businessman son has enormous influence over the U.S. federal government, she is reportedly adored by the nation she visits almost every month, making her China's secret weapon, according to The Guardian. 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The Chinese consumer electronics company Oppo appointed Musk, a former model, dietitian, and survivor of domestic abuse who reared three children alone, as its global ambassador last year. China’s Growing Ties with the Musk Legacy Musk's fortunes are rising alongside his son's, with Tesla selling more cars in China than anywhere except the United States. Democrats in Congress accused Musk of pushing a government shutdown the week before Christmas for his own business profitability in China. Rep. Jim McGovern wrote on X that his bottom line depends on staying in China's good graces. The conservative Heritage Foundation, which wrote the Trump world blueprint for revamping the federal government, is a big fan of the Department of Government Efficiency, which Musk has begun planning ahead of Jan. 20. However, the Heritage Foundation is no fan of China and touted its tougher, smarter strategy to win the #NewColdWar with China. FAQs Why is Maye Musk gaining popularity in China? Maye Musk, a former model and author, has become a celebrity in China, attending high-profile events and representing brands, thereby increasing her influence in the region. How will Maye Musk's role affect US-China relations? Her growing prominence coincides with her son Elon Musk's business ties in China, sparking speculation about China's strategic use of her public image amidst geopolitical tensions. (You can now subscribe to our Economic Times WhatsApp channel )
CEC's Generation of Environmental Leaders Program Now Open to North American Youth!US added a strong 227,000 jobs in November in bounce-back from October slowdown WASHINGTON (AP) — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. The government also revised up its estimate of job growth in September and October by a combined 56,000. Friday’s report also showed that the unemployment rate ticked up from 4.1% in October to a still-low 4.2%. The November data provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession. Federal appeals court upholds law requiring sale or ban of TikTok in the US A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law - which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — is constitutional, rebuffing TikTok’s challenge that the statute ran afoul of the First Amendment and unfairly targeted the platform. TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court. Stock market today: Wall Street hits more records following a just-right jobs report NEW YORK (AP) — U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq composite climbed 0.8% to set its own record. Treasury yields eased after the jobs report showed stronger hiring than expected but also an uptick in the unemployment rate. Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass NEW YORK (AP) — In an era when online anger and social tensions are increasingly directed at the businesses consumers count on, Meta last year spent $24.4 million to surround CEO Mark Zuckerberg with security. But the fatal shooting this week of UnitedHealthcare CEO Brian Thompson while walking alone on a New York City sidewalk has put a spotlight on the widely varied approaches companies take to protect their leaders against threats. And experts say the task of evaluating threats against executives and taking action to protect them is getting more difficult. One of the primary worries are loners whose rantings online are fed by others who are like-minded. It’s up to corporate security analysts to decide what represents a real threat. Police believe the gunman who killed UnitedHealthcare's CEO quickly left NYC on a bus after shooting NEW YORK (AP) — Police officials say the gunman who killed the CEO of the largest U.S. health insurer likely left New York City on a bus soon after fleeing the scene on a bicycle and hopping in a cab. Chief of Detectives Joseph Kenny says video of the gunman fleeing Wednesday’s shooting of UnitedHealthcare CEO Brian Thompson showed him riding through Central Park and later taking a taxi to a bus terminal, directly across from New Jersey. Police have video of the man entering the bus station but no video of him exiting. Investigators on Friday found a backpack in Central Park that was carried by the shooter, police said. USDA orders nationwide testing of milk for bird flu to halt the virus The U.S. government has ordered testing of the nation’s milk supply for bird flu to better monitor the spread of the virus in dairy cows. The Agriculture Department on Friday said raw or unpasteurized milk from dairy farms and processors nationwide must be tested on request starting Dec. 16. Testing will begin in six states — California, Colorado, Michigan, Mississippi, Oregon and Pennsylvania. The move is aimed at eliminating the virus, which has infected more than 700 dairy herds in 15 states. Words on ammo in CEO shooting echo common phrase on insurer tactics: Delay, deny, defend A message left at the scene of an insurance executive’s fatal shooting echoes a phrase commonly used to describe insurer tactics to avoid paying claims. The words “deny,” “defend” and “depose” were written on the ammunition used to kill UnitedHealthcare's CEO. That's according to two officials who spoke to The Associated Press on condition of anonymity Thursday. The words are similar to the phrase “delay, deny, defend.” That's how attorneys describe insurers denying services and payment, and the title of a 2010 book critical of the industry. Police haven’t officially commented on the words. But Thompson’s shooting and the messages on the ammunition have sparked outrage on social media and elsewhere, reflecting frustration Americans have over the cost and complexity of getting care. Michigan Democrats move to protect reproductive health data before GOP takes control of House LANSING, Mich. (AP) — Democrats in Michigan are pressing to pass reproductive health care legislation before the party loses its majority with the new legislative session next year. A bill to protect digital reproductive health data including data logged on menstrual cycle tracking apps is a Democratic priority as lawmakers meet this month. Democratic women and supporters of the legislation say they are acting with new urgency before President-elect Donald Trump takes office because they don't believe his campaign promise to leave abortion to the states. The rush is also a reaction to Republicans taking control of the state House in January. Democrats kept control of the state Senate in the November election. Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel KASHIMA, Japan (AP) — The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. Japan's domestic market isn't growing, so Nippon Steel has its eyes on India, Southeast Asia and the United States, where populations are still growing. Nippon Steel gave reporters a tour of one of its plants in Japan on Friday. The bid for U.S. Steet is opposed by President-elect Donald Trump, President Joe Biden and American steelworkers. If the deal goes through, U.S. Steel will keep its name and its headquarters in Pittsburgh, Pennsylvania, but become subsidiary of Nippon Steel. China's ban on key high-tech materials could have broad impact on industries, economy BANGKOK (AP) — China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce computer chips. Both sides say the controls are justified by national security concerns. Analysts say they could have a much wider impact on manufacturing in many industries and supply chains, depending on the ability of each side to compensate for loss of access to strategically important materials, equipment and components. Here's why this could be a tipping point in trade conflict between the two biggest economies.
Vigil planned this evening for Lodi salon owner shot dead in WoodbridgeWith rookie QB Penix showing poise in starting debut, the Falcons again control their playoff hopes