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Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other of not doing enough to push their proposed alliance through. Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars in legal fees and lost shareholder value. Kroger said the claims were “baseless” and that Albertsons was not entitled to the fee. “After reviewing options, the company determined it is no longer in its best interests to pursue the merger,” Kroger said in a statement Wednesday. The bitter breakup came the day after two judges halted the proposed merger in separate court cases. U.S. District Court Judge Adrienne Nelson in Oregon issued a preliminary injunction Tuesday blocking the merger until an in-house judge at the Federal Trade Commission could consider the matter. An hour later, Superior Court Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger . Ferguson ruled that combining Albertsons and Kroger would lessen competition and violate consumer-protection laws. The companies could have appealed the rulings or proceeded to the in-house FTC hearings. Albertsons' decision to pull out of deal instead surprised some industry experts. “I’m in a state of professional and commercial shock that they would take this scorched earth approach,” said Burt Flickinger, a longtime analyst and owner of retail consulting firm Strategic Resource Group. “The logical thing would have been for Albertsons to let the decision sink in for a day and then meet and see what could be done. But the lawsuit seems to make that a moot issue.” Albertsons is unlikely to find another merger partner because it has significant debt and underperforming stores in most of its markets., Flickinger said. Consumers will feel the most immediate impact of the deal's demise, he said, since Albertsons charges 12% to 14% more than Kroger and other grocery rivals. “They had so much debt they had to pay it off it's reflected in their pricing and promotional structure,” Flickinger said. Albertsons CEO Vivek Sankaran testified during the federal hearing in September that his company might consider “structural options” like laying off employees, closing stores and exiting certain markets if the merger with Kroger didn’t go through. “I would have to consider that,” he said. “It’s a dramatically different picture with the merger than without it.” But in a statement Wednesday, Sankaran said Albertsons would “start this next chapter in strong financial condition with a track record of positive business performance." In the company's most recent quarter, Albertsons' revenue rose 1% to $18.5 billion and it reported $7.9 billion in debt. Kroger said it would also move forward in a strong financial position, with revenue down slightly to $33.6 billion in its most recent quarter. The company announced a $7.5 billion share buyback program Wednesday after a two-year pause. Kroger and Albertsons first proposed the merger in 2022 . They argued that combining would help them better compete with big retailers like Walmart, Costco and Amazon, which are gaining an increasing share of U.S. grocery sales. Together, Kroger and Albertsons would control around 13% of the U.S. grocery market. Walmart controls around 22%. Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S Wholesale Grocers , a New Hampshire-based supplier to independent supermarkets that also owns the Grand Union and Piggly Wiggly store brands. But the Federal Trade Commission and two states — Washington and Colorado — sued to block the merger earlier this year, saying it would raise prices and lower workers' wages by eliminating competition. It also said the divestiture plan was inadequate and that C&S was ill-equipped to take on so many stores. On Wednesday, Albertsons said that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction. Albertsons said Kroger refused to divest the assets necessary for antitrust approval, ignored regulators' feedback and rejected divestiture buyers that would have been stronger than C&S. “Kroger’s self-serving conduct, taken at the expense of Albertsons and the agreed transaction, has harmed Albertsons’ shareholders, associates and consumers,” said Tom Moriarty, Albertsons’ general counsel, in a statement. Kroger said that it disagrees with Albertsons “in the strongest possible terms.” It said early Wednesday that Albertsons was responsible for “repeated intentional material breaches and interference throughout the merger process.” Kroger , based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands like Ralphs, Smith’s and Harris Teeter. Albertsons , based in Boise, Idaho, operates 2,273 stores in 34 states, including brands like Safeway, Jewel Osco and Shaw’s. Together, the companies employ around 710,000 people. Kroger sued the FTC in August in federal court in Ohio, claiming that the federal agency’s in-house administrative hearings were unlawful because the FTC was also able to challenge the merger in federal court in Oregon. In paperwork filed Wednesday, the FTC said it expected to update the court on its next steps in that case by Dec. 17. In Colorado, which also sued to block the merger, Attorney General Phil Weiser said Tuesday that he still was awaiting a decision from a state judge. In that case, Colorado also was challenging an allegedly illegal no-poach agreement Kroger and Albertsons made during a 2022 strike. Shares of Albertsons fell 1.5% Wednesday, while Kroger's stock was up 1%.haha 777 games 。

CONWAY, S.C. (AP) — Kobe Knox's 13 points helped South Florida defeat Portland 74-68 on Thursday. Knox also had six rebounds for the Bulls (3-2). Brandon Stroud added 11 points while shooting 4 for 12 (1 for 3 from 3-point range) and 2 of 4 from the free-throw line while he also had six rebounds. Jamille Reynolds shot 3 of 6 from the field and 4 of 5 from the free-throw line to finish with 10 points. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.

Fiji cruiserweight champion Alivereti Kauyaca is gunning for an impressive win over Paulo Ratumaikoro at the Vodafone Arena in Suva on February 22 if he is to secure major overseas fights. “I need this win because I’m in a build-up phase,” Kauyaca told SUNsports yesterday. “I need two or three wins in order to fight for other regional titles, like the one that I fought with John Parker.” Kauyaca said there is a need for boxers to get active at the start of the year. “We need game time as we need records as we age,” he said. “I think boxers in Fiji usually blame the lack of resources then how come some Fijian boxers before us were able to rise to the world’s top 15 rankings despite the limited resources here.” Kauyaca said there is a need for local boxers to be consistent with their boxing. “You just need hard work and with divine intervention to everything will fall in place if you utilise the available resources and put in those hard yards,” he said. “The overseas boxers have the resources and strict diet which is why they are able to be consistent in their boxing.” Kauyaca said the main thing is for boxers to refrain from the typical Fijian mindset. “After the fight the boxers will drink. Discipline is the key and the need to remain consistent in training.” Kauayca said he would begin his training as he returns to Nadi after the Bluewater promotions launch. “We can make our own world champion here in Fiji,” he added. Feedback: ioane.asioli@fijisun.com.fjMissoula City Council nixes Eaton Street sidewalk projectFunding from Teachers’ Venture Growth and Other Investors to Scale Exploration Solutions Powered by Space & AI for Faster Energy Transition Mineral Discovery ADELAIDE, Australia , Dec. 12, 2024 /PRNewswire/ — Fleet Space Technologies (Fleet Space), Australia’s leading space exploration company, today announced the closing of a A$150M Series D funding round, led by Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, and joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures. The new investment will be used to expand the capabilities of Fleet Space’s global end-to-end exploration platform, ExoSphere, to accelerate the discovery of critical minerals needed for Earth’s clean energy future. “The ability to meet the rapidly increasing demand for critical minerals presents a significant challenge to achieving global net-zero targets,” said Rick Prostko , Senior Managing Director, Teachers’ Venture Growth. “Current mineral exploration methods are inadequate for efficient discovery and production. Fleet Space addresses this with advanced 3D subsurface imaging and AI analysis tools, which have the potential to sustainably transform the industry. We are proud to support the multidisciplinary team at Fleet Space in their efforts to accelerate the global energy transition.” “We’re proud to continue our investment in Fleet Space, building on many years of history,” added Niki Scevak, Partner at Blackbird. “Quite simply, the discovery of critical minerals must exponentially increase if we are to electrify our society by 2050 and breakthroughs, like ExoSphere, are needed to make it happen.” Real-Time Exploration Powered by Space & AI Founded by former propulsion engineer at the European Space Agency, Flavia Tata Nardini , and aerospace entrepreneur, Matt Pearson , Fleet Space was created to harness the capabilities of space exploration technologies for a new wave of solutions that can accelerate decarbonisation and the global energy transition. By integrating Fleet Space’s satellites in LEO, smart seismic sensors, and AI into an end-to-end solution, Fleet Space’s ExoSphere technology streamlines the acquisition, processing, and integration of exploration datasets, providing the global mining industry with high-quality targeting insights faster than ever before while minimising environmental impact. “There are two versions of the future. One where we bend the latest advances in space, AI, and big data towards building a clean energy future and another where we risk net-zero targets falling out of reach as the rate of new discoveries of energy transition minerals continues to decline,” added Flavia Tata Nardini , CEO & Co-Founder of Fleet Space. “With ExoSphere, we have combined these technologies into an end-to-end platform that seamlessly integrates with and compliments modern mining operations – making the frontier of exploration technology accessible to the global mining industry within a single workflow. This is a fundamental step to unlock humanity’s potential for making extraordinary discoveries with less environmental impact.” Exponential Growth Today’s announcement caps a period of exponential growth for Fleet Space. In the past year, Fleet Space has: “This funding is not just a testament to Fleet Space’s growth, strong investor confidence, and sustained innovation in core technologies needed to address dual challenges of climate change and mineral exploration. It’s a signal that in a period of turbulent macroeconomic conditions, the shared commitment to build technologies needed for Earth’s clean energy future combined with solid business execution can attract the right partners,” said Federico Tata Nardini , Chief Financial Officer and Chief Investment Officer of Fleet Space. “We are proud to be among the few companies globally to close a Series D round in the context of reduced activity in the venture ecosystem and look forward to furthering our vision, strategic initiatives, and roadmap to scale the business to the next level.” Technology Roadmap for Explorers of New Worlds While advancing the capabilities of data-driven exploration on Earth with ExoSphere, Fleet Space has also laid the technology foundation to rapidly accelerate the exploration of new worlds. The smart seismic sensors used as part of Fleet Space’s terrestrial ExoSphere system represent the technological precursor for its lunar variant – SPIDER – which will be deployed on the Moon in 2026 to enhance humanity’s understanding of the lunar subsurface. Collaborating with MIT Media Lab’s Space Exploration Initiative , Fleet Space is also helping to advance off-world research needed for the planning of future missions to the Moon, Mars, and beyond. Additionally, Fleet Space unveiled a cost-effective, resilient full duplex SATCOM system using microsatellites and reprogrammed Centauri-4 to become the world’s smallest voice-enabled satellite . “The convergence of innovation in space, AI, and 3D subsurface imaging represents a foundational pillar of the core technology set that will enable humanity to build permanent research stations on the Moon, Mars, and beyond,” said Matt Pearson , Chief Exploration Officer at Fleet Space. “The flywheel we’ve created by continuously enhancing the subsurface understanding of Earth through the global deployment of ExoSphere simultaneously drives advances in the technology needed to build highly scalable, data-driven exploration systems for new worlds. A bold new chapter in the history of space exploration is about to begin and we are positioned to play a significant role as humanity boldly ventures deeper into our solar system.” About Fleet Space Technologies Fleet Space Technologies , Australia’s leading space exploration company, is revolutionizing critical mineral discovery with its end-to-end mineral exploration solution, ExoSphere, which combines satellite connectivity, 3D multiphysics, and AI to image mineral systems in real-time. Over 40 leading exploration companies like Rio Tinto, Barrick Gold , and Core Lithium have used ExoSphere’s real-time 3D subsurface imaging on projects across five continents. Due to global demand for ExoSphere, Fleet Space’s international footprint has expanded to the US, Canada , Chile , and Luxembourg with over 130+ employees, representing 37 nationalities, worldwide. In 2024, Fleet Space was recognised as the winner of the Innovation category at the Mining Technology Excellence Awards and received the Climate Impact Technology Award by the Banksia Foundation. To learn more about ExoSphere, please reach out to the Fleet Space team here . About Teachers’ Venture Growth Teachers’ Venture Growth (TVG) focuses on late-stage venture and growth equity investments in cutting-edge technology companies worldwide. We partner with founders with bold missions, looking to expand their product offering, scale geographically, and become the leaders in their markets. We bring long-term thinking and active investing to help build better businesses and a better world. We think globally and act locally through our direct presence across Asia , North America and Europe . TVG is part of the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), a global investor with net assets of CAD 255.8 billion as at June 30, 2024 . We invest in more than 50 countries in a broad array of assets including public and private equities, fixed income, credit, commodities, natural resources, infrastructure, real estate and venture growth to deliver retirement income for 340,000 working members and pensioners. Our more than 450 investment professionals operate in key financial centres around the world and bring deep expertise in a broad range of sectors and industries. We are a fully funded defined benefit pension plan and have earned an annual total-fund net return of 9.3% since the plan’s founding in 1990. At Ontario Teachers’, we don’t just invest to make a return, we invest to shape a better future for the teachers we serve, the businesses we back, and the world we live in. For more information, visit otpp.com/teachersventuregrowth and follow us on LinkedIn . Logo – https://mma.prnewswire.com/media/2578404/Fleet_Space_logo.jpg Photo – https://mma.prnewswire.com/media/2578405/Fleet_Space_Series_D_Funding.jpg Photo – https://mma.prnewswire.com/media/2578406/Fleet_Space_Co_Founders.jpg View original content: https://www.prnewswire.com/apac/news-releases/fleet-space-closes-a150m-series-d-with-a800m-valuation-302328977.html SOURCE Fleet Space

Lucid Motors CEO Peter Rawlinson appeared on Bloomberg TV Thursday morning to discuss how the struggling electric vehicle (EV) maker is in discussions with " multiple automakers about potential partnerships ." Lucid would welcome an opportunity to share costs and intellectual property with a traditional car company , Chief Executive Officer Peter Rawlinson told Bloomberg TV, noting that there are ongoing conversations with "a couple" of manufacturers . "It would be lovely if we could supply technology to a traditional car company to help them on their way to sustainability, and perhaps we can leverage economies of scale with their parts bin and other aspects of the business," Rawlinson said in an interview. Interesting interview !! Worth to watch 👀 $LCID 🚀 #LucidMotors Reveals 450 Miles Range EV https://t.co/tue4sRoiGU pic.twitter.com/wRQdoZ7sqw California-based Lucid is struggling in the era of Tesla winning the EV price war and risks that President-elect Donald Trump will cut the $7,500 tax credit next year . Lucid's third-quarter revenue of $137.8 million was nearly 30% below the same period one year ago, while vehicle production for the year was between 8,000 and 8,500 vehicles, down from a target of 10,000. In a separate report, we noted that Luicid lost a little more than a quarter million dollars per car sold . This is alarming and only made possible after a decade of negative real rates and unlimited QE. Lucid is not alone in its financial struggles within the EV sector. Rivian, another upscale EV maker, faced a loss of $33,000 per vehicle sold in the second quarter. Meanwhile, Ford, a traditional automaker, anticipates over $4 billion in losses from its EV division this year. Meanwhile, Tesla's Elon Musk has encouraged Trump to eliminate the $7,500 consumer tax credit, which would ultimately be a play in nuking his competition , such as Lucid, Rivian, and legacy automakers. In premarket, the CEO's comments on Bloomberg barely budged the stock. Shares are down 42% on the year. Short interest is about 23% of the float with 4.4 days to cover. Lucid is supported by the Saudi Arabian public investment fund and recently entered into a partnership with Volkswagen. At the beginning of the year, Morgan Stanley's Adam Jonas outlined various pathways for struggling EV companies to navigate the downturn. The note was titled " Can EV Slowdown Trigger Auto M&A Wave?"

Mysterious buck reveals potential AI fraud scheme targeting seniors

Zimbabwe Has Lost Over US$42 Billion Due to Sanctions: ZiyambiTORONTO — Mitch Marner will be sporting a different Maple Leaf in February. The Toronto Maple Leafs star was one of 15 players named Wednesday to round out Canada's 23-man roster for the NHL 4 Nations Face-Off tournament. Joining the winger as part of an attack that already featured Connor McDavid, Sidney Crosby, Nathan MacKinnon, Brad Marchand and Brayden Point — all announced back in June — are Sam Reinhart and Sam Bennett of the Florida Panthers along with Anthony Cirelli and Brandon Hagel of the Tampa Bay Lightning. Also making the team up front are Vegas Golden Knights captain Mark Stone, Travis Konecny of the Philadelphia Flyers and Seth Jarvis of the Carolina Hurricanes. The defence corps led by Cale Makar, who was also tabbed in June, will see Colorado Avalanche teammate Devon Toews suit up in red and white, and also include the Vegas duo of Shea Theodore and Alex Pietrangelo, Josh Morrissey of the Winnipeg Jets, Colton Parayko of the St. Louis Blues and Philadelphia's Travis Sanheim. The biggest question mark for Canadian general manager Don Sweeney of the Boston Bruins and the rest of the country's hockey brain trust since the selection process began has been in the crease — especially with stud netminders like Carey Price and Roberto Luongo a distant memory. Canada doesn't have the same goaltending pedigree as at past international events, but head coach Jon Cooper of Tampa will likely lean on Stanley Cup winners Jordan Binnington of the Blues and Adin Hill of the Golden Knights. Sam Montembeault of the Montreal Canadiens rounds out the puck-stopping trio. "We are thrilled to unveil the group of players who have earned the opportunity to represent Canada," Sweeney said in a statement. "We believe we have assembled a roster that features world-class talent, as well as success at the NHL and international levels. "We are confident this group will give us the best chance to accomplish our goal on the international stage." The 4 Nations tournament, which also includes the United States, Sweden and Finland, runs Feb. 12-20 in Montreal and Boston, and will serve as an appetizer for the NHL's Olympic return in 2026. It's also the closest hockey has got to a best-on-best men's tournament since the 2016 World Cup. This showcase won't technically meet that threshold with Russia — because of its ongoing war in Ukraine — and reigning world champions Czechia not in the mix. But there should still be plenty of interest with McDavid, Crosby, U.S. star Auston Matthews and a host of other big names finally sharing the ice on the world stage. The NHL, which went to five straight Olympics between 1998 and 2014, announced at last season's all-star game players would participate at the next two Games after it skipped 2018 for business reasons and missed out in 2022 due to COVID-19. The goal of the league and NHL Players' Association is hold a World Cup in both 2028 and 2032 to get international events on a schedule of every two years. Canada opens the 4 Nations on Feb. 12 against Sweden at the Bell Centre in Montreal before facing the U.S. in the same building three nights later. The tournament then moves to Boston, where the Canadians will meet Finland on Feb 17. The teams with the two best records after the round-robin will battle in the final Feb. 20 at TD Garden. "This is an exciting time for the NHL and international hockey," Cooper said. "This event is an important part of the process as we continue to build teams that can be successful on the international stage." ___ Follow @JClipperton_CP on X. This report by The Canadian Press was first published Dec. 4, 2024. Joshua Clipperton, The Canadian Press

The Boston Celtics will be looking to avoid losing back-to-back games for the first time this season when they face the visiting Detroit Pistons on Thursday. The Celtics haven't played since they dropped a 127-121 decision to the Memphis Grizzlies on Saturday at home. Boston overcame a 14-point second-half deficit to take a four-point lead in the fourth quarter but couldn't keep pace in the final minutes. "Effort was good," Boston coach Joe Mazzulla said. "You're down 14, take the lead. In the fourth quarter I felt like we didn't really have a rhythm to the game, but we were able to take the lead. I thought we kind of just ran out of gas here towards the end." It was Boston's fifth game in seven nights, and the Celtics shot 18 of 60 from 3-point territory. "These are the games you've just gotta fight through it," Jaylen Brown said. "Tough schedule, but we don't make any excuses. We know what the journey is about and we're not skipping any steps. I thought we fought as a team. We didn't let the rope go. We didn't give up." Sam Hauser, one of Boston's top reserves, left Saturday's game in the second quarter with what the team called right adductor tightness. Mazzulla downplayed the injury in his postgame comments, saying, "He's doing pretty good. He said he'd be OK, but he just wasn't able to finish (Saturday's game). But afterwards, he said he was good." However, Hauser was listed as doubtful for Thursday's game. Listed as questionable are All-Star Jayson Tatum (right patella tendiopathy), Jaden Springer (non-COVID illness) and Jordan Walsh (rib contusion). Cade Cunningham had 29 points, 15 assists and 10 rebounds to help the Pistons end a three-game losing streak by beating the New York Knicks 120-111 Saturday. Cunningham, Detroit's first-round draft pick in 2021, is averaging 23.9 points, 9.4 assists and 7.3 rebounds in 21 games this season. "I try to do whatever it takes to help my team win, and my teammates have made me look great this year," Cunningham said. "I'm just trying to help my team win and we'll see what happens with it." The Pistons used an 18-4 run in the fourth quarter to pull away from the Knicks. Detroit's Malik Beasley made 7 of 10 3-pointers and finished the game with 23 points. "We're trying to build and taking steps," Detroit coach J.B. Bickerstaff said. "The hardest thing to do in the NBA is find consistency, whether as an individual or as a team. But it's the habits we do every single day and, hopefully, (the victory over New York) is another game that's a big step for us. But we keep seeing the value in those habits and we keep getting better and better." Thursday's matchup will be the third time the Pistons and Celtics have met this season. Boston prevailed 124-118 at Detroit on Oct. 26, and Cunningham had 27 points, nine rebounds and 14 assists when Detroit lost at Boston 130-120 on Dec. 4. "I don't say this lightly by any means but being around (Cunningham) and spending time with him -- he's the guy," Bickerstaff said. "He has the ability to be an elite guy on a basketball team because of all of the things he's capable of doing. He can manipulate the game, he can score, he can rebound, and he makes his teammates better." This article first appeared on Field Level Media and was syndicated with permission.

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has been recommended for approval by Federation Council staff, with opposition based on existing alcohol outlets spurned. or signup to continue reading A motion approving the development at Maxwell's Corner is to be presented to the council's meeting on Tuesday, November 26. The council's manager planning and development Terri O'Brien recommends the be subject to various conditions, despite 19 objections and a In her agenda report, Ms O'Brien responds to concerns raised by the community, which included economic impact on existing traders, pedestrian safety, traffic congestion and anti-social behaviour. She acknowledged multiple submissions noted Howlong hotels and an IGA supermarket already sell wine, beer and spirits and commercial impacts are not a planning consideration under the Environmental Planning and Assessment Act. "It is therefore not appropriate to further comment on this issue," Ms O'Brien stated. On the matter of traffic, Ms O'Brien referred to a Transport for NSW review that found the bottle shop "would not result in any adverse impacts on the local road network and that the proposed development would be suitable for the site". A social impact assessment, which found the alcohol outlet would "not negatively impact on the surrounding area", was also cited. Among those who objected to the council in March was then Howlong Community Progress Association secretary and now Federation Council mayor Cheryl Cook. She raised concerns about the block on the corner of Sturt and Hawkins streets, which is used by trucks travelling to Corowa, Albury and Victoria. "The BWS site significantly increases the chances of minor and major collisions, as trucks and cars need to quickly adjust to vehicles quickly entering and exiting from parking access to the BWS," now Cr Cook wrote. Like other objectors she noted the proximity to the Under the conditions of approval, the BWS would be open from 10am to 8pm on public holidays and from Sunday to Thursday and begin trading at the same time but close at 9pm on Fridays and Saturdays. Construction of the shop will be permitted to occur between 7am and 5pm from Monday to Saturday with no building occur on Sundays and public holidays. Other mooted conditions relate to dust control during erection, providing off-street parking, making a developer contribution of $19,600.45 and following noise control measures in relation to plant such as cool room equipment. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement

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Blood Component Separator Market Driven by Demand for Immersive Technologies Across Industries 11-24-2024 08:32 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Industry Insights Blood Component Separator Market Global Blood Component Separator Market Impact of AI and Automation The blood component separator market is experiencing notable growth, driven by advancements in healthcare and increasing demand for blood component therapy. These separators play a crucial role in efficiently isolating different blood components like plasma, platelets, and red blood cells, which are essential for various medical treatments, including cancer therapies, organ transplants, and trauma care. The rising prevalence of chronic diseases, coupled with the growing number of surgical procedures and blood transfusions, is contributing to the increased demand for blood component separators. Additionally, advancements in technology, such as automated and user-friendly separators, are improving the efficiency and safety of the separation process. The expansion of healthcare infrastructure, particularly in developing countries, further supports market growth. With the global focus on enhancing blood donation and transfusion practices, the blood component separator market is poised for sustained growth in the coming years. The dynamics of the blood component separator market are driven by factors such as advancements in medical technology, increasing healthcare needs, and the growing adoption of blood component therapies. The rise in chronic conditions like cancer and cardiovascular diseases has led to a higher demand for blood components in treatments, driving the need for efficient separation systems. Technological innovations, such as automated and portable separators, are enhancing the speed and accuracy of the blood separation process, expanding their use in hospitals and blood banks. Additionally, increased focus on improving blood donation drives and ensuring a sufficient supply of blood components in healthcare systems fuels market growth. However, challenges such as the high cost of advanced separators and stringent regulatory requirements may limit their adoption in some regions. Despite these hurdles, the market outlook remains positive. In 2023, the Blood Component Separator Market size was USD 1.2 billion and is projected to grow to USD 2.5 billion by 2033, registering a CAGR of 7.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.. The growth is being attributed to increasing demand in different sectors, Blood Component Separator technological advancement, and changing habits of consumers and industry towards sustainable and efficient technologies. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)@ https://www.verifiedindustryinsights.com/download-sample/1391187/?utm_source=OpenPr&utm_medium=072 Key Players in the Blood Component Separator Market Thermo Fisher Scientific Beckman Coulter Fresenius Kabi Haemonetics Corporation Becton Dickinson and Company Terumo Corporation Kawasumi Laboratories Grifols Macopharma CellaVision Lmb Technology Global Blood Component Separator Market Segmentation: Blood Component Separator Market by Product Type Manual Blood Component Separators Automated Blood Component Separators Blood Component Separator Market by Application Plasma Separation Platelet Separation Red Blood Cell Separation White Blood Cell Separation Blood Component Separator Market by End User Hospitals Blood Banks Research Laboratories Diagnostic Centers Market Segmentation Dynamics of Blood Component Separator Market: The global Blood Component Separator market comprises numerous types, each targeting specific market demands. More types that are familiar to the customers are, hardware, software and service based solutions. Hardware solutions comprise tangible goods that include sensors, devices and components for power applications. Software solutions aid in improving functions by automating systems, analyzing data and integrating artificial intelligence to make systems more functional and efficient. Service based offering include providing support, running maintenance and offering consultancy services to ensure that Blood Component Separator systems are able to operate optimally and provide satisfactory value over time. All these segments combine to satisfy customer needs with these different types of helping in growth of global Blood Component Separator market. Global Usage of Blood Component Separator: Businesses, consumers, and governmental bodies use the Blood Component Separator resources within the respective jurisdictions. Blood Component Separator products are incorporated into businesses operating in manufacturing, retail, healthcare, and other industries to increase efficiency, reduce costs, and boost performance. The consumers' needs are evolving due to changing lifestyles, new technologies, and growing demand for easy solutions. At the same time, Blood Component Separator are employed by the governments to sustain the public order, construct and develop infrastructure, and provide better services. Different end-user groups use products for different purposes which determine the development of products and trends in the market. Firms which are able to meet the diverse demands of the end-users stand a good chance to prosper in the competitive landscape of the Blood Component Separator sector. Global Market by Region: North America Europe Asia-Pacific Latin America Middle East & Africa The Blood Component Separator market at the global level depicts notable regional differences wherein North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa all to overall growth. North America has the highest level of technology use and is continually supported by the demands of healthcare, automotive and industrial. Europe has inbuilt objectives of sustainability, compliance with regulations and advances in automotive and energy industries. Asia-Pacific is projected to be the fastest region driven mainly by industrialization, middle class growth and technology investment. Latin America and the Middle East and Africa are considered as new markets with potential growth for infrastructures and adoption of technology. It is essential to appreciate these regional aspects and their interrelations in order to formulate appropriate growth strategies for the Blood Component Separator market. Receive a Discount By Purchasing This Report @ https://www.verifiedindustryinsights.com/ask-for-discount/1391187/?utm_source=OpenPr&utm_medium=072 Frequently Asked Questions (FAQ) on the Global Blood Component Separator Market promotion Q. What is the growth forecast of the global Blood Component Separator market? A. In 2023, the Blood Component Separator Market size was USD 1.2 billion and is projected to grow to USD 2.5 billion by 2033, registering a CAGR of 7.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.. It is obvious that demand for Blood Component Separator products will grow in the future as global markets expand. Factors such as rising consumer demand, technological advancements, and increasing industrial applications are fueling the market's expansion. As businesses and industries seek out possible advancement in operational efficiency and customized goods, the market's stable CAGR is expected to be witnessed. Q. Which regions have been influential in creating the need for Blood Component Separator in the countries that they operate in? A. Blood Component Separator's growth in volume has been derived mainly from Asia-Pacific primarily due to - accelerated industrial growth, urban expansion, and technological enhancement. This is closely followed by North America which will primarily be driven by technology enhancement and high consumption. Europe also remains a key market contributing towards Blood Component Separator demand fueled by the increasing trend towards innovative solutions sustainability. South America and Middle eastern and African regions too are increasingly becoming targets with awakening demand from infrastructures development and expanding industries. Q: What are the primary forces impacting the global Blood Component Separator industry? A: The expansion of the global Blood Component Separator market is mainly determined by technical advancement, transformation of customer requirements, and the growing requirement for efficiency across different regions. The infusion of advanced technologies like AI, automation, and IoT is improving the capability of products and creating new opportunities. Also, the trend towards greener approaches, the accompanying regulatory environment, and the rising adoption of Blood Component Separator in the developing economies are some major trends that are expected to influence the market. Q: Who dominates the global Blood Component Separator market? A: The global Blood Component Separator marketplace has matured companies as well as new innovators. The best companies have established excellence in marketing, have a wide range of products and are innovative. These companies are focused on upgrading their products and services, increasing their research and development activities as well as branching out into other core areas for regulatory advantages. Mergers and acquisitions are also part of the strategies that the top players deploy to ensure their success in the market. Q: In what manner are technologies supporting the growth of Blood Component Separator industry? A: Technology is revolutionizing the global Blood Component Separator industry by enhancing the features of products, increasing the efficiency of operations and creating new market opportunities. With the use of advanced technologies like AI, machine learning, automation, the production processes are being made more efficient, costs are being lowered and quality is increasing. The Internet of Things (IoT) also adds to the functionality and connectivity of products, resulting in more value for customers. There is also the emergence of digital transformation and data analytics enabling the businesses to understand their customers more comprehensively and thereby adjust their offers and marketing. Technology is enabling organizations to develop faster and better address the challenges in the market that is perpetually changing. 🔍 For More Information or Query, Visit @ https://www.verifiedindustryinsights.com/report/global-blood-component-separator-industry/?utm_source=OpenPr&utm_medium=072 Categorized Healthcare and Pharmaceuticals: Medical Devices The Global Blood Component Separator Market which is within the scope of Healthcare and Pharmaceuticals and further divided into specific structures under Medical Devices has been growing tremendously with the increase in demand for new solutions and improvements. This market contains a large portfolio of applications and products to serve the various demands in the industry. With companies increasing the need to be efficient and productive, global Blood Component Separator Market has the potential to grow even further with a healthy outflow of money towards R&D. In addition, the increased demand for sustainability and regulatory measures are also altering the change in focus for the firms, encouraging them to develop green solutions. However, perhaps the most exciting development has been the emergence of a large number of new market participants, as well as existing ones who have an established presence in the industry. The market seems to have plenty of opportunities that stoke the growth and trends well enough to cater to the demand. 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Our primary cause is to enhance our clients through the delivery of a wide range of analytical research modalities that assist with strategic decision making as well as enhancing sustainable development to those clients. Since our establishment, we have experienced analysts and subject matter experts (SMEs) whose responsibilities include analyzing the market trends and competitive forces. In any and all research endeavors, when clients' needs come first, we strive to employ best practices in the industry while constantly being innovative and bold. We work with sectors such as health care, technology, finance, manufacturing and energy and customise our reports per sector. All in all, the aim of Verified Industry Insights is to aid organizations fuse through complex networks or landscapes in business and attain their goals or targeted objectives. Get in Touch with Us Mr. Edwyne Fernandes Verified Industry Insights Tel: +1 743 222 5439 This release was published on openPR.TEHRAN – U.S. President-elect Donald Trump's national security and foreign policy picks have fueled speculation about a renewed "maximum pressure" campaign against Iran. In a recent Washington Institute for Near East Policy article, "Before Maximum Pressure, Trump Needs an Iran Strategy," Richard Nephew outlines potential scenarios for future U.S.-Iran relations. The article tries its best to address the ‘maximum pressure’ flaws in Trump’s first term as president however it fails to give an alternative for the policy. It only advises Trump to keep the pressure on Iran but this time with a much more practical approach. Nephew argues that Iran's present strategic position could be more favorable for negotiations with the U.S. He states, "Iran being in a weaker position regionally after Israel's evisceration of Hezbollah and Hamas—could actually facilitate wide-ranging talks." However, despite Nephew’s claims, the strength of Iran and its allied groups is still intact. According to the Israeli army, nearly 50 soldiers have died in combat during ground operations in Southern Lebanon. The heavy toll comes as Israel pounds Beirut and has assassinated top Hezbollah leaders including the group’s late Secretary General Sayyad Hassan Nasrallah. Ground operations in Southern Lebanon have not brought any significant territorial gains for Israel and the regime in Tel Aviv has not yet achieved its goal of returning Israeli settlers up to the north of occupied Palestine. Furthermore, Hezbollah’s missile and drone capabilities are still in place and it is continuously launching operations deep inside occupied Palestine including Tel Aviv. In the Gaza front, Israel may have achieved some of its announced goals including the killing of the late Hamas leader, Yahya Sinwar but has failed to defeat the group in action. The recent siege on Northern Gaza after occupying it once since the onslaught began on October 2023 shows the failure to contain Hamas in military terms in the coastal territory. Hamas is still inflicting human losses on the Israeli military and the regime has no “day after” strategy for Gaza. Continued occupation of northern Gaza and building settlements there or appointing the Palestinian authority to rule Gaza is not practical due to previous operational failures just like in the 2000s. On a third front, Ansarullah's Red Sea operations have disrupted trade routes to Israel. Despite the U.S.-led "Operation Prosperity Guardian," Yemeni drone and missile attacks on Israeli positions in the Occupied Territories continue unabated. Moreover, the shadow of Iraqi Resistance operations against U.S. military bases in Iraq and Syria is still haunting Washington. The focal point in Nephew’s approach to the ‘Maximum pressure’ policy is having a strategy for implementing the measures. However, he fails to address several issues including Tehran's ties with China and Russia properly. Since the first Trump presidency, Tehran has strengthened ties with these two nations. These ties will complicate the efficacy of the Trump sanctions against Iran. Beijing and Tehran have signed a 25-year strategic agreement to boost ties, China is one of the main buyers of Iranian crude oil and trade ties have been expanding rapidly. Also in geopolitical terms, any regional war in West Asia will hurt the Chinese economy which relies heavily on crude imported from the Persian Gulf. Beijing has been active in mediating between regional rivals and facilitated Tehran-Riyadh talks which excluded any U.S. influence. Beijing has also been vocal about Israeli crimes in the Gaza Strip calling for a ceasefire as well as mediating between Palestinian factions. Beijing in general, is against any major shift in the balance of power in West Asia. Since the war in Ukraine, Moscow, and Iran have also expanded ties in various fields. The two countries have been working closely to counter U.S. sanctions and boost economic ties several MOUs have been signed and investment in the North-South Corridor has been increased. Long before the war in Ukraine the two countries had been militarily cooperating in Syria in their fight against terrorism. Both supported the Syrian government for the re-establishment of sovereignty over its territory. Further pressure by the U.S. and its allies on Tehran may result in further military cooperation including in Ukraine. Iran’s membership in BRICS and Shanghai Cooperation Council has further helped the country to counter the U.S. “isolation” policy. Maximum pressure against Iran has failed once in bringing it to the negotiating table. Tehran has found ways to keep its economy going and unlike claims the sanctions have not resulted in a total collapse. “Regime change” attempts in Tehran have also led nowhere and proven to be an ineffective way to counter Iran’s moves in the region. Reinforcing sanctions in order to mount pressure on Iran to halt support for the Resistance Axis continued in the first Trump presidency but to no avail. The recent escalation between Iran-Israel and a possible full-scale war in the region seems farfetched due to global issues including U.S. concerns in other parts of the world. Washington’s rivalry with China and the war in Ukraine are much more pressing issues for the U.S. Also, a limited operation by Israel against Iranian nuclear sites will only lead to an acceleration of change in Tehran’s nuclear doctrine. There is a growing voice in Iran that pushes for the militarization of the nuclear program.ECU CB Shavon Revel Jr. declares for NFL draft

Keeping Canada’s Winter Culture Alive: Ski Industry Embraces Innovation and ResilienceIn the highly tumultuous closing days of Donald Trump ’s first term in office, BuzzFeed News received an angry letter from his outgoing administration. The subpoena, issued on December 1, 2020, was delivered as Trump was preoccupied with efforts to overturn the democratic order and nullify the results of the presidential election he had just lost to Joe Biden . As BuzzFeed reported at the time, “Immigration and Customs Enforcement investigators issued a subpoena this week demanding BuzzFeed News identify its sources — an extraordinary attempt by the government to interfere with a news outlet acting under the protections of the First Amendment, and a move that the agency’s former chief lambasted as ‘embarrassing.’” The aggressive letter from the Trump-era ICE read: “Failure to comply with this summons will render you liable to proceedings in a U.S. District Court to enforce compliance with this summons as well as other sanctions.” It added, “You are requested not to disclose the existence of this summons for an indefinite period of time. Any such disclosure will impede this investigation and thereby interfere with the enforcement of federal law.” To many media and political observers — including officials who served in the Trump administration who were aware of the document at the time — the subpoena wasn’t worth the price of the paper on which it was printed. It was a temper tantrum, not a real legal threat. For starters, Trump and his officials would be out of a job in less than two months. There wasn’t much will, much less the time, within the federal government to make good on this threat to an investigative reporter , his sources, and his publication. There wasn’t even a chilling effect, per se , because their guy had failed at winning reelection. That was then. Now, after vanquishing Vice President Kamala Harris in the 2024 election, Trump and his team have four more years to try to intimidate and target leakers, whistleblowers , and foes in the media — especially if situations involve what they claim is highly sensitive information or classified intel. They intend to use the opportunity. Editor’s picks The 100 Best TV Episodes of All Time The 250 Greatest Guitarists of All Time The 500 Greatest Albums of All Time The 200 Greatest Singers of All Time In reporting this story, Rolling Stone spoke with attorneys close to the president-elect, incoming Trump administration officials, and other Republicans who’ve talked to Trump about staunching embarrassing press leaks during a second administration. Two of the sources with knowledge of the matter specifically cited the Dec. 1 subpoena as a model, and something that Trump allies and lieutenants are expecting to issue more of during the second term — this time, with the benefit of years, not days. It’s merely one facet of sprawling plans to clamp down on whistleblowers and bully Trump’s enemies in the press, after Trump’s inauguration once again in late January. Expect more communications seizures, more whistleblower prosecutions, and more personal lawsuits or legal threats from Trump against news outlets. “Oh, it’ll be brutal,” says one conservative lawyer who’s discussed certain plans and ideas with Trump and his inner circle. “Gloves off [because] we’ve learned our lessons from the first time and one lesson is you have got to be even more aggressive.” One reason much of the Trumpworld elite wants the gloves torn off is because they are, with good reason, expecting a torrent of leaks to the media after Trump’s inauguration in Washington, D.C., next month. With Trump’s intention to nominate several controversial or scandal-plagued figures to the most senior levels of American government — including Pete Hegseth to lead the Pentagon, Robert F. Kennedy Jr. to helm the Department of Health and Human Services, Tulsi Gabbard as director of national intelligence, and Kash Patel as FBI director — Trump and his inner sanctum are predicting officials in various departments and agencies will leak early and often, several of the sources say. Related Content Dem Senators Demand: No Anti-LGBTQ or Abortion Measures in Funding Bill Mark Zuckerberg Continues Sucking Up to Trump as Meta Gives $1 Mil. to Inaugural Fund Trump Is Starting to Walk Back His Vow to Bring Down Grocery Prices Pete Hegseth Is a Threat to Veterans’ Health Care and Benefits This is, of course, a matter that Trump cares about deeply. During his first term in the Oval Office, intra-office paranoia and frenzied leak hunts — both officially by federal investigators and informally by zealous Trump aides — were a hallmark of the administration. But Trumpland isn’t only worried about stamping out leaks, of classified information and other details, from members of what the president-elect and his cronies deride as the “Deep State.” Often, the backstabbing is coming from inside the house. According to two sources familiar with the matter, Trump has personally grown furious about some of the leaks that have occurred from the current presidential transition process, and has in some instances fumingly demanded to know who in his midst could have possibly whispered certain information to the press. When Trump steps back into office, a top priority will be undoing much of the Biden agenda — and that includes some of the administration’s efforts to limit the extent to which the government can terrorize whistleblowers and leakers. During Biden’s first year in office, his attorney general, Merrick Garland, announced that the Department of Justice would bar federal prosecutors — with some exceptions — from seizing journalists’ phone records and other private communications during the course of leak investigations. According to several of the knowledgeable sources, some of whom have discussed the topic with Trump in the past year, the president-elect and multiple attorneys in his orbit aim to promptly nix that Biden-era DOJ policy. In the words of one Trump adviser, it’s “going in the trash can,” with some Trump officials intent on tearing it up right near the start of Term 2. Among committed Trumpists close to the president-elect, there has also been discussion of potentially creating new offices in the FBI or DOJ to focus exclusively on hunting for leaks and plugging the deluge of media leaks. In the summer of 2017, Trumps’ first attorney general, Jeff Sessions, mentioned that the FBI had formed a new unit to deal with leaks, including of classified info. Sessions also announced that the Trump administration had tripled the number of criminal leak investigations in the time since President Barack Obama left office. “In cases where there have been leaks that are criminal in nature, U.S. law enforcement and the incoming attorney general should follow the evidence wherever it leads, regardless of what the prior administraiton’s attorney general thinks, or what the internal memorandum was,” says Steven Groves, who worked as a lawyer in Trump’s first White House. Both the Obama and Trump administration attracted significant uproar from press-freedom groups for their secret DOJ seizures of records from reporters and others . Whatever record Obama and his Justice Department set, Trump and his senior officials were determined to shatter it. Gurgling beneath the first Trump administration’s rhetorical and propaganda war on his nemeses in political media, there was a ton of real action. For instance, the first Trump administration referred a record number of leaks to the feds for criminal investigations. “Obama’s Justice Department indicted eight journalistic sources under the Espionage Act, more than all U.S. presidents before him combined,” The Intercept reported back in 2019 . “Donald Trump is now surpassing Obama’s eight-year record in just over two years in office.” That amped-up war on government whistleblowers was powered in part by the same Espionage Act under which Trump was criminally investigated and charged in Special Counsel Jack Smith ’s now-defunct case. The war is set to come roaring back and then some after Trump is sworn in. So far, the twice-impeached former (and future) president, who also became a convicted felon during his 2024 campaign, has named ultra-loyalist Pam Bondi as his choice to lead the Justice Department. Early this month, Trump announced that another hyper-MAGA-devotee, Kash Patel , was his new pick to serve as FBI director. Patel has made no secret of his desire to use the levers of federal power to pursue those he views as anti-Trump subversives in the press and government. A year ago, Trump’s choice to take over the FBI told fellow Trump ally Steve Bannon that if Trump won, they’d seriously “go out and find the conspirators — not just in government, but in the media,” repeating the anti-democratic lie about “people in the media who lied about American citizens, who helped Joe Biden rig presidential elections.” Patel added : “We’re going to come after you. Whether it’s criminally or civilly, we’ll figure that out. But yeah, we’re putting you all on notice, and Steve, this is why they hate us. This is why we’re tyrannical. This is why we’re dictators.” Indeed . The sources close to Trump add that non-government actors will be integral to their plans for combatting who they deem overly meddlesome reporters. Multiple sources say that as sitting president, Trump still intends to have his small armada of personal lawyers who aren’t working in the administration handle his (often frivolous) lawsuits — or, more often than not, enraged legal threats that don’t result in suits — against media outlets that cross him during a new term. In the final days of the 2024 campaign, Trump sued CBS for the ludicrous amount of $10 billion — based on the even more ludicrous idea that the way 60 Minutes edited a Kamala Harris interview was somehow actionable. “The anticipated leaking is a matter of utmost investigative and litigation priority for [us],” says Mike Howell, a former Trump Homeland Security Department official who nowadays works as the executive director at the Heritage Foundation ’s Oversight Project. “We have several outstanding lawsuits about leaked information over the last several years that the Trump administration will inherit. A lot of these lawsuits have to do with the FBI, including things that were directly harmful to President Trump ... Therefore, on Day 1 of the second Trump administration, it’ll inherit a bunch of FOIA litigation it’ll have to answer for ... It will already have a duty to figure out how this information left the Biden administration, via leak.” Howell continues that during the second Trump presidency, “whenever we see a leak of particular interest out in the press, you can anticipate that we are going to deploy our investigative team and litigation team to figure out how that information left the government. We will use our vast source network and other tools at our disposal to try to identify the source of the leak, to supplement whatever investigation is ongoing.” In campaigning on a platform of retribution, bloodlust, and authoritarian impulse , Trump made no secret of his longstanding desire to punish his enemies in the media. In recent years, Trump has even made the idea of journalists getting raped in prison — and thus tortured into naming their confidential sources’ identities — into an audience-pleasing laugh line at some of his rallies. As he prepares to take office once again, the president-elect is not hiding his interest in going after journalists. Last month, the president-elect personally pressured Republican senators to sink the PRESS Act , bipartisan reporter-shield legislation. Trump posted to social media that conservatives “MUST KILL THIS BILL.” But it wasn’t just a social-media post. Trump was invested enough in this matter that he spoke privately and on the phone with certain GOP lawmakers about making sure President Biden never signs this bill, a source with knowledge of the situation and another person briefed on it tell Rolling Stone . This week, Senate Republicans dutifully blocked it. On Thursday, as he accepted Time magazine’s “Person of the Year” award, Trump said that “the media’s tamed down a little bit; they’re liking us much better now, I think,” adding, with a smile: “If they don’t, we’ll have to just take them on again and we don’t want to do that.”NEW ORLEANS (AP) — The largest artificial intelligence data center ever built by Facebook’s parent company Meta is coming to northeast Louisiana, the company said Wednesday, bringing hopes that the $10 billion facility will transform an economically neglected corner of the state. Republican Gov. Jeff Landry called it “game-changing” for his state's expanding tech sector, yet some environmental groups have raised concerns over the center's reliance on fossil fuels — and whether the plans for new natural gas power to support it could lead to higher energy bills in the future for Louisiana residents. Meanwhile, Elon Musk's AI startup, xAI, is expanding its existing supercomputer project in Memphis, Tennessee, the city's chamber of commerce said Wednesday. The chamber also said that Nvidia, Dell, and Supermicro Computer will be “establishing operations in Memphis,” without offering further details. Louisiana is among a growing number of states offering tax credits and other incentives to lure big tech firms seeking sites for energy-intensive data centers. The U.S. Commerce Department found that there aren’t enough data centers in the U.S. to meet the rising AI-fueled demand, which is projected to grow by 9% each year through 2030, citing industry reports. Meta anticipates its Louisiana data center will create 500 operational jobs and 5,000 temporary construction jobs, said Kevin Janda, director of data center strategy. At 4 million square feet (370,000 square meters), it will be the company's largest AI data center to date, he added. “We want to make sure we are having a positive impact on the local level,” Janda said. Congressional leaders and local representatives from across the political spectrum heralded the Meta facility as a boon for Richland parish, a rural part of Louisiana with a population of 20,000 historically reliant on agriculture. About one in four residents are considered to live in poverty and the parish has an employment rate below 50%, according to the U.S. census data. Meta plans to invest $200 million into road and water infrastructure improvements for the parish to offset its water usage. The facility is expected to be completed in 2030. Entergy, one of the nation's largest utility providers, is fast-tracking plans to build three natural gas power plants in Louisiana capable of generating 2,262 megawatts for Meta's data center over a 15-year period — nearly one-tenth of Entergy's existing energy capacity across four states. The Louisiana Public Service Commission is weighing Entergy's proposal as some environmental groups have opposed locking the state into more fossil fuel-based energy infrastructure. Meta said it plans to help bring 1,500 megawatts of renewable energy onto the grid in the future. Louisiana residents may ultimately end up with rate increases to pay off the cost of operating these natural gas power plants when Meta's contract with Entergy expires, said Jessica Hendricks, state policy director for the Alliance for Affordable Energy, a Louisiana-based nonprofit advocating for energy consumers. “There’s no reason why residential customers in Louisiana need to pay for a power plant for energy that they’re not going to use," Hendricks said. "And we want to make sure that there’s safeguards in place.” Public service commissioner Foster Campbell, representing northeast Louisiana, said he does not believe the data center will increase rates for Louisiana residents and views it as vital for his region. “It’s going in one of the most needed places in Louisiana and maybe one of the most needed places in the United States of America,” Foster said. “I’m for it 100%.” Environmental groups have also warned of the pollution generated by Musk's AI data center in Memphis. The Southern Environmental Law Center, among others, says the supercomputer could strain the power grid, prompting attention from the Environmental Protection Agency. Eighteen gas turbines currently running at xAI’s south Memphis facility are significant sources of ground-level ozone, better known as smog, the group said. Patrick Anderson, an attorney at the law center, said xAI has operated with “a stunning lack of transparency” in developing its South Memphis facility, which is located near predominantly Black neighborhoods that have long dealt with pollution and health risks from factories and other industrial sites. “Memphians deserve to know how xAI will affect them,” he said, “and should have a seat at the table when these decisions are being made.” Sainz reported from Memphis, Tennessee. Associated Press writer Matt O’Brien in Providence, Rhode Island, contributed to this report. Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96

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