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She's not sure what to think about Jaguar now after the 89-year-old company announced a radical rebranding that featured loud colors and androgynous people — but no cars. Jaguar, the company says, will now be JaGUar. It will produce only electric vehicles beginning in 2026. Say goodbye to British racing green, Cotswold Blue and black. Its colors are henceforth electric pink, red and yellow, according to a video that sparked backlash online. Its mission statement: "Create exuberance. Live vivid. Delete ordinary. Break moulds." "Intrigued?" @Jaguar posted on social media. "Weird and unsettled" is more like it, Vogt wrote on Instagram. "Especially now, with the world feeling so dystopian," the Cyprus-based brand designer wrote, "a heritage brand like Jaguar should be conveying feelings of safety, stability, and maybe a hint of rebellion — the kind that shakes things up in a good way, not in a way that unsettles." Our brands, ourselves Jaguar was one of several iconic companies that announced significant rebrandings in recent weeks, upending a series of commercial — and cultural — landmarks by which many modern human beings sort one another, carve out identities and recognize the world around them. Campbell's, the 155-year-old American icon that artist Andy Warhol immortalized in pop culture decades ago, is ready for a new, soupless name. Comcast's corporate reorganization means there will soon be two television networks with "NBC" in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News, a U.S. legacy news outlet. One could even argue the United States itself is rebranding with the election of former President Donald Trump and Republican majorities in the House and Senate. Unlike Trump's first election in 2016, he won the popular vote in what many called a national referendum on American identity. Are we, then, the sum total of our consumer decisions — what we buy, where we travel and whom we elect? Certainly, it's a question for those privileged enough to be able to afford such choices. Volumes of research in the art and science of branding — from "brandr," an old Norse word for burning symbols into the hides of livestock — say those factors do contribute to the modern sense of identity. So rebranding, especially of heritage names, can be a deeply felt affront to consumers. "It can feel like the brand is turning its back on everything that it stood for — and therefore it feels like it's turning its back on us, the people who subscribe to that idea or ideology," said Ali Marmaduke, strategy director with the Amsterdam-based Brand Potential. He said cultural tension — polarization — is surging over politics, wars in Russia and the Mideast, the environment, public health and more, creating what Marmaduke said is known as a "polycrisis": the idea that there are several massive crises converging that feel scary and complex. "People are understandably freaked out by that," he said. "So we are looking for something that will help us navigate this changing, threatening world that we face." Trump's "Make America Great Again" qualifies. So did President Joe Biden's "Build Back Better" slogan. Campbell's soup itself — "Mmm Mmm Good" — isn't going anywhere, CEO Mark Clouse said. The company's new name, Campbell's Co., will reflect "the full breadth of our portfolio," which includes brands like Prego pasta sauce and Goldfish crackers. What is Jaguar? None of the recent activity around heritage brands sparked a backlash as ferocious as Jaguar's. The company stood as a pillar of tradition-loving British identity since World War II. Jaguar said its approach to the rebrand was rooted in the philosophy of its founder, Sir William Lyons, to "copy nothing." What it's calling "the new Jaguar" will overhaul everything from the font of its name to the positioning of it's famous "leaper" cat. "Exuberant modernism" will "define all aspects of the new Jaguar world," according to the news release. The approach is thought to be aimed at selling fewer cars at a six-figure price point to a more diverse customer base. The reaction ranged from bewilderment to hostility. Memes sprouted up likening the video to the Teletubbies, a Benetton ad and — perhaps predictably — a bow to "woke" culture as the blowback intersected with politics.Hyderabad: Back to back desecration of idols raise concern
MORGANTOWN – Imagine how difficult it must be to perfectly program timed traffic lights to optimize the flow of traffic in a densely populated urban area. Now imagine doing it from two cities over, or maybe 150 miles away. That, in a nutshell, is the setup when it comes to traffic lights in West Virginia. If Morgantown, or any other city in the state, needs to alter the timing of lights to better accommodate daily traffic, emergencies or special events, it requires someone somewhere else to make it happen. “Yes, oversight of the timing programmed into signals is handheld centrally by the Traffic Division in Charleston. If issues are reported with the timing of signals, those issues are investigated by our office remotely, by our field technicians, or by an on-call electrical contractor that we have in place,” DOH Director of Traffic Engineering Ted Whitmore explained. But why couldn’t it be done here, by someone who sits through these lights and experiences local traffic? Members of the Morgantown Monongalia Metropolitan Planning Organization Policy Board would like to find out. “There’s been quite a bit of discussion about RAISE Grants and potential grant opportunities that have come our way. We’ve been encouraged to explore big ideas,” MPO Executive Director Bill Austin said. “One of the big ideas that we’ve come up with has been the potential for exploring a traffic control center here, just so we could oversee and have better communication with the operation of the signals moving forward.” The board encouraged Austin to initiate those discussions. It was explained that the funds sub-allocated to be directed by the MPO each year could help cover the cost of the physical location and needed personnel. “It would allow the implementation of several timing routines to match the area’s traffic. For example, peak morning traffic has different characteristics than peak afternoon traffic, both of which are different from midday peak traffic and basketball game traffic or football game traffic,” Austin said. “A good portion of the signals in our area are capable of being programmed to match these peaks but it is simply not being done because all signal control is in Charleston, and since they monitor the whole state, they don’t have the manpower to personalize the programming for any one area.” Whitmore said perceived timing issues are often found to be broken or malfunctioning vehicle detection equipment. He said that if a timing issue is identified, adjustments can be made remotely in some cases, but not all, noting “In many cases a site visit is necessary. WVDOT maintains a very large network of traffic signals which vary in age. Not all signals have remote communications established.” If this idea were to get the blessing of the state, and that’s a significant “if,” it would be a first in West Virginia. “Establishing operational facilities outside of Charleston is not being considered at this time,” Whitmore said. “When issues are reported at key locations necessitating action quickly, if a site visit is necessary the WVDOT keeps a technician as well as our on-call contractor on call 24/7 to allow for response in typically no more than a few hours.” Even so, Monongalia County Commissioner Tom Bloom said he believes it’s worth the ask. “Governor-elect Morrisey has mentioned that he wants to do something significant in this area. I believe this is something that not only supports his goals and the state DOH, but it could resolve many of the problems up here,” Bloom said. Bloom said he believes it would allow for quicker responses to potential emergencies, like critical traffic lights going dark. “An emergency is when a light goes out Friday night before a football game on 705 and we can’t get it fixed for 48 hours. Now we need to get help from Charleston or the Huntington area, and they approve it and send someone out, often from another state, to come down to fix it,” Bloom said. “We’re looking at the feasibility of being trained and having the people up here who could solve these problems. Why wait when we could solve these problems in a couple hours before they become a safety factor?”
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NEW YORK, Dec. 22, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Marqeta, Inc. (NASDAQ: MQ) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Marqeta, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/marqeta-inc . Investors have until February 7, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Marqeta securities. The first-filed case is pending in the U.S. District Court for the Northern District of California and is captioned Wai v. Marqeta, Inc., et al. , No. 24-cv-8874. Why was Marqeta Sued for Securities Fraud? Marqeta is a financial technology company that provides a card issuing platform, enabling businesses to create and manage customized payment cards. During the relevant period, Marqeta discussed its ability to attract and retain customers while continuing to achieve operational efficiencies given the purported investments it already made into its compliance infrastructure. In truth, it is alleged that at the time the statements were made, Marqeta experienced longer customer onboarding timelines caused by heightened regulatory scrutiny and insufficient investments into the Company’s compliance apparatus. The Stock Declines as the Truth is Revealed On November 4, 2024, the Company reported its third quarter 2024 financial results and cut its full year 2025 growth outlook, due to “heightened scrutiny of the banking environment and specific customer program changes.” On the earnings call the same day, the Company revealed that “the regulatory scrutiny” had “clearly ratcheted up” in the “first few months of 2024.” Marqeta also admitted that the impact the increased scrutiny had on the Company’s business “became apparent over the last few months.” This news caused the price of the Company’s stock to fall over 42%, from a closing price of $5.95 per share on November 4, 2024, to $3.42 per share on November 5, 2024. Click here if you suffered losses: https://www.bfalaw.com/cases-investigations/marqeta-inc . What Can You Do? If you invested in Marqeta you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases-investigations/marqeta-inc Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com . https://www.bfalaw.com/cases-investigations/marqeta-inc Attorney advertising. Past results do not guarantee future outcomes.Dillon Gabriel's run at Oregon harkens back to the days of another Hawaii-born QB, Marcus MariotaA look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaul
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DocuSign's DOCU short percent of float has fallen 13.62% since its last report. The company recently reported that it has 11.73 million shares sold short , which is 6.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.62 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks DocuSign Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for DocuSign has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing DocuSign's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , DocuSign's peer group average for short interest as a percentage of float is 2.95%, which means the company has more short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Florida's economy could suffer from Trump’s mass deportation plan, experts sayThe Boston Red Sox have added another relief pitcher to their roster in a Christmas Eve trade with the Minnesota Twins. The Twins are sending left-hander Jovani Morán to the Red Sox in exchange for catcher/infielder Mickey Gasper. The today acquired LHP Jovani Morán from the Minnesota Twins, in exchange for C/INF Mickey Gasper. Boston’s 40-man roster is now at 39. — Red Sox (@RedSox) Morán missed all of the 2024 season due to Tommy John surgery. He last pitched for the Twins in 2023, posting a 2-2 record, a 5.31 ERA, a 1.46 WHIP, 48 strikeouts and 27 walks over 42 1/3 innings. Morán has made a total of 43 appearances (zero starts) since making his Twins debut in 2021. Gasper played in 13 games for the Red Sox this past season. He tallied zero hits in 18 at-bats with four walks and eight strikeouts. The Red Sox previously acquired (via trade), (free agency), (free agency) and (free agency) earlier in the offseason.
The Executive Director of the National Film and Video Censors Board (NFVCB) Dr Shaibu Hussieni, has declared that things are going fine for Nigerian Cinema going by the report of increased revenue in ticket sales. Hussein who stated this at the Nollywood Creative Minds Forum’s 6th Annual Gathering themed, “In pursuit of Better” held at Lekki, Lagos, stated in his keynote address that “This year alone saw a 120% surge in revenue at the box office and an increase in ticket purchases”. This piece of cheering news is coming even in the midst of inflation and general rise in commodity prices. The Censors Board boss who commended the group for creating such a platform for Stakeholders to discuss and proffer solutions, also reminded the forum that the road to excellence in Nollywood is turbulent. In a statement released by the Director of Corporate Affairs, Ogbonna Onwumere, Shuaibu, noted that the forum has facilitated partnerships and collaborations between Nollywood creatives and industry stakeholders. He acknowledged Nollywood’s tremendous growth, citing a significant increase in production quality, audience engagement, and global recognition and also embracing new technologies, techniques, ideas as well as fostering cooperation and knowledge sharing as conditions necessary for achieving excellence in filmmaking. Hussein assured the forum that to achieve this vision, the NFVCB is committed to providing support and resources to filmmakers, including: capacity-building programs and workshops with plans to establish producers, exhibitors and distributors lab. Secondly, the NFVCB’s Board, noted that there was a plan to make access to funding and investment opportunities easier adding that under his watch, he will assist stakeholders secure Letters of endorsement to those wishing to establish cinema, distribution and exhibition infrastructure. Thirdly, he noted that international collaborations and partnerships would be facilitated and urged stakeholders to continue to strive for excellence, emphasizing that the pursuit of a better filmmaking tradition requires a collective effort. He emphasized the need to NCMF to focus on quality storytelling stressing the importance of authentic, engaging stories reflective of diverse experiences and Professionalism, which entails adhering to industry standards, best practices and ethical guidelines.