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2025-01-24
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niceph win Tokyo, Japan — Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the world's third largest automaker, expanding development of EVs and self-driving tech. But Honda's CEO insisted that it was not a bailout for Nissan, who last month announced thousands of job cuts and reported a 93 percent plunge in first-half net profit. "This is not a rescue," Toshihiro Mibe told reporters, stressing that one condition for the merger would be for Nissan to complete its so-called "turnaround" plan. Lacklustre consumer spending and stiff competition in several markets is making life hard for many automakers. Business has been especially tough for foreign brands in China, where electric vehicle manufacturers such as BYD are leading the way as demand grows for less polluting vehicles. The two firms along with Mitsubishi Motors said they had signed a memorandum of understanding to start discussions on integrating their business under a new holding company. Citing "dramatic changes in the environment surrounding both companies and the automotive industry", a joint statement said the companies planned to list the holding company on the Tokyo Stock Exchange in August 2026. It comes after reports said Taiwanese electronics behemoth Foxconn had unsuccessfully approached Nissan to acquire a majority share. It then asked Renault to sell its 35 percent stake in Nissan -- a pursuit now said to have been put on hold. Unequal marriage China overtook Japan as the biggest vehicle exporter last year, helped by government support for EVs. Honda and Nissan -- Japan's number two and three automakers after Toyota -- already agreed in March to explore a strategic partnership on software and components for EVs among other technologies. This partnership was joined by Mitsubishi Motors in August. The companies want to seal their merger deal in June next year, but it is unlikely to be a marriage of equals. Honda will nominate the president of the new holding company, whose board will be mostly made up of Honda executives, their statement said. Nissan is a majority shareholder of Mitsubishi Motors, which "aims to reach its conclusion by the end of January 2025 on the participation or involvement in the business integration between Nissan and Honda," it added. Honda and Nissan's partnership could include a manufacturing tie-up where they build vehicles at each other's plants, local media said. 'Panic mode' Nissan chief Makoto Uchida praised Honda's agility and ability to adapt as the industry shifts, praising the company as "a partner who can share the sense of crisis about the future". "As the business environment for automakers changes in the future, I believe we will not be able to get there unless we have the courage to change ourselves," Uchida said. Nissan has weathered a turbulent decade, including the 2018 arrest of former boss Carlos Ghosn, who later jumped bail and fled Japan concealed in a music equipment box. Ghosn told reporters in Tokyo on Monday via video link from Lebanon, where he is at large, that turning to its arch-rival Honda showed that Nissan was in "panic mode". Although the two companies might be able to "find synergies for the future... I don't see anything obvious into this partnership or this alliance", Ghosn said. (Source: Hiroshi HIYAMA / Katie Forster, AFP)

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A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House saysThe chairs of an annual science and technology conference say Nobel Prize recipient Geoffrey Hinton is donating some of his winnings to create a new award. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! The chairs of an annual science and technology conference say Nobel Prize recipient Geoffrey Hinton is donating some of his winnings to create a new award. Read unlimited articles for free today: Already have an account? The chairs of an annual science and technology conference say Nobel Prize recipient Geoffrey Hinton is donating some of his winnings to create a new award. They say of the Neural Information Processing Systems conference say the US$10,000 award will be handed out at the event each year. It will be given to teams of two or more researchers under the age of 40 who write a paper proposing a novel theory of how the brain works. The award will be named the Sejnowski-Hinton Prize after computational neurobiologist Terry Sejnowski and AI pioneer Hinton. Hinton received the Nobel for physics along with computer scientist John Hopfield earlier this week in Stockholm. Hinton has said he will also donate a portion of the 11 million Swedish kronor — about $1.4 million Canadian dollars — prize money he and Hopfield will split to Water First, an organization working to boost Indigenous access to water. This report by The Canadian Press was first published Dec. 13, 2024. Advertisement

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Mumbai, Nov 24 (PTI) Anti-corruption activist and former AAP leader Anjali Damania announced on Sunday the formation of a political party with an aim to "transform" Maharashtra's politics. Addressing a press conference in Mumbai, Damania said the name and the symbol of the party would be declared after it was registered. "It is time to conduct politics on principles and ethics and raise issues for the welfare of the people and the state. "When we step out of the house, we should keep our caste and religion inside and be an Indian citizen," Damania said and called for people's support to bring a "revolution". Damania said technology and social media would be used to reach out to all sections of society. The former convener of the Maharashtra state unit of Aam Admi Party, Damania had filed PILs against state politicians Chhagan Bhujbal and Eknath Khadse. Maharashtra politics has been in flux since 2022 when Shiv Sena headed by Uddhav Thackeray split, leading to the collapse of the state government. In July 2023, NCP headed by Sharad Pawar imploded with his nephew Ajit Pawar joining the Mahayuti government. (This story has not been edited by THE WEEK and is auto-generated from PTI)MINNEAPOLIS (AP) — With Penn State's strong push for a spot in the College Football Playoff still a couple of wins from completion, the biggest roadblock to a bid for the Nittany Lions in this favorable final third of their schedule has appeared with a trip to Minnesota . That's why this week, naturally, is too early for them to talk about making the inaugural 12-team tournament — as enticing as their prospects might be. “I think the quality of teams that we go in and play each week speaks for itself,” quarterback Drew Allar said. "But as far as rankings, it doesn’t really matter until it matters.” Penn State (9-1, 6-1 Big Ten) is fourth in both the AP poll and the CFP rankings this week, needing help for a long-shot hope of reaching the Big Ten title game because of a loss to now-No. 2 Ohio State on Nov. 2. In this new era of playoff expansion, the Nittany Lions are on firm footing for an at-large bid. Lose to the unranked Gophers (6-4, 4-3), however, and that ground could become shaky given the current collection of standout two-loss teams in the SEC. In case the Nittany Lions needed proof of the danger of letting focus diverge, coach James Franklin and his staff can call up the tape from Nov. 9, 2019. That's when an undefeated Penn State team came to Minnesota and lost 31-26 . The Nittany Lions lost again at Ohio State two weeks later and finished 11-2, one of several not-quite performances for this storied program that last went unbeaten in 1994 and hasn't been recognized as national champions since 1986. The Gophers were undefeated themselves after that game before losses to rivals Iowa and Wisconsin ended their Rose Bowl quest. This team isn't on that level of talent and success from five years ago, but the chemistry has been off the charts. Coach P.J. Fleck drew attention to some of the individual standout performances that fueled the signature victory in 2019 in meetings with players this week. “We need our best playmakers to play their best. Penn State’s going to need their playmakers to be their best. That’s what happens in November,” Fleck said. Tyler Warren has already shattered nearly every record for Penn State tight ends. The do-it-all senior become such a force his teammates insist he’s worthy of the Heisman Trophy, tracking toward the top of the NFL draft board for his position next spring. “He’s the best tight end in America, but he’s also the most complete tight end in America," Allar said. Warren is coming off a 190-yard performance at Purdue that included 63 yards on three rushes and 127 yards on eight receptions. “He has the ability to take a play that should be 2 or 3 yards and turn it into 30 or 40,” Gophers defensive end Danny Striggow said. Penn State defensive end Abdul Carter has 171⁄2 tackles for loss, the second-most in the FBS, and eight sacks to match the third-most in the Big Ten. He has a challenging matchup this week with Minnesota left tackle Aireontae Ersery across from him in a battle of projected first-round NFL draft picks. Gophers coaches told Striggow and his fellow defensive linemen a couple of seasons ago to relish the opportunity to face Ersery in practice. “That’s one of the best looks in the country that you’re going to get,” Striggow said. Carter has successfully made the transition from linebacker this season. “He is impacting the game in a number of ways, which creates opportunities for other guys on our defensive line and within our defense and causes a lot of headaches,” Franklin said. “He is becoming more and more of a leader every single day.” Allar and the Nittany Lions have paid particular attention to protecting the ball this week, given the Gophers have 16 interceptions, one short of the national lead. Penn State quarterback Drew Allar feels he’ll need to be especially accurate this weekend considering Minnesota has 16 interceptions on the season. “We’re just going to have to be disciplined and stick to our game plan,” Allar said. The Gophers have a strong group of departing players who will take the field at Huntington Bank Stadium for the final time, including Ersery, quarterback Max Brosmer, wide receiver Daniel Jackson, right guard Quinn Carroll, cornerback Justin Walley, kicker Dragan Kesich and Striggow. “It’s been good to reflect, but it’s not over yet," Striggow said. "Those short windows of reflection, I cut ’em out and then say, ‘We’ve got some more memories to make.’” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football .

The government’s new furnace and water heater rules are coming for youCowboys end five-game losing streak with thrilling 34-26 upset of Commanders - NBC SportsMEMPHIS, Tenn. (AP) — States with restrictive abortion laws generally have more porous safety nets for mothers and young children, according to recent research and an analysis by The Associated Press. Tennessee is an example of how this plays out. Tennessee residents of childbearing age are more likely to live in maternal care deserts and face overall doctor shortages. Women, infants and children are less likely to be enrolled in a government nutrition program known as WIC. And Tennessee is one of only 10 states that hasn’t expanded Medicaid to a greater share of low-income families. The AP reported on how safety net programs in Tennessee and states with similarly strict abortion laws often fail families. Here are some key takeaways. The Republican supermajority in the Tennessee legislature has long rebuffed efforts to expand Medicaid to people earning up to 138% of the federal poverty level — about $35,600 for a family of three. Earlier this year, a federal judge ruled TennCare — the state’s Medicaid program — unlawfully terminated coverage for thousands of families and had a “lethargic” response to nearly 250,000 children losing coverage because of paperwork problems. Republican Gov. Bill Lee argues that his administration has enhanced services. For example, it boosted its Medicaid coverage for mothers in 2022 from 60 days postpartum to one year, which allowed an additional 3,000 moms to use the program each year. The state also raised the Medicaid income limit for parents to the poverty level — nearly $26,000 for a family of three — and began offering recipients 100 free diapers a month for babies under 2. “Pro-life is much more than defending the lives of the unborn,” Lee said in his 2023 annual address to lawmakers and echoed more recently on social media. “This is not a matter of politics. This is about human dignity.” Moms described several aid programs as rife with red tape and other challenges. Anika Chillis of Memphis was on WIC for several months after her son was born, but then went without because of a mistake during the renewal process — eventually getting it restored with help from the nonprofit Tennessee Justice Center. Taylor Cagnacci of Kingsport, who is pregnant and has a 1-year-old, said she was on the federally funded Supplemental Nutrition Assistance Program — formerly known as food stamps — for a while but missed an appointment and was unclear about the steps after that. The process to get recertified was “such a headache” that she’s going without SNAP. “I just felt like it was purposely being made difficult so that I would just give up,” she said. The issues extend beyond Tennessee. Women with young children in states where abortion is banned or limited to early weeks of pregnancy said it can be tough to get social services there, according to a survey by the health policy research organization KFF. Nearly half said it’s difficult for women in their state to get food stamps, for example, compared with 3 in 10 in states where abortion is generally available. Of Tennessee’s 2.8 million households, 30% earn above the poverty level but not enough to afford the basic cost of living in their counties, according to a recent report . Often, they don’t qualify for government help. A fragmented patchwork of charities can help, but they don’t cover the entire state. Some nonprofits are hindered in helping by government agencies’ income rules. And most charities are constrained by the ebb and flow of donations. Nonprofit leaders fear that safety net gaps may grow with a new administration in Washington and a GOP-controlled Congress. Republicans could seek significant changes to federal assistance programs they’ve long criticized, like Medicaid and food stamps. “We’ve been through four years of a Trump administration, and the goal under the Trump administration was to cut social services,” said Signe Anderson, the Tennessee Justice Center’s senior director of nutrition advocacy. “I’m concerned ... for families in Tennessee and across the country.”

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Advertisement The DOJ proposed banning Google from paying for search distribution deals. Google's search dominance relies on distribution, not just technology. Investors worry Google's market share could drop if distribution deals end. The online search business is not about technology. It's about distribution. The US Department of Justice made that clear Wednesday when it proposed fixes for a judge's earth-shaking ruling that Google is an illegal monopolist. Advertisement The DOJ's remedies cut to the heart of how Google distributes its search engine and how that broad reach is key to the company's dominance of this crucial and lucrative market. The government's suggestion that Google be forced to sell Chrome initially grabbed the headlines. But, on Thursday, the potential crackdown on all distribution deals caught investors' attention. The US government's lawyers said Google should be banned from offering "anything of value for any form" of search distribution. That especially includes Apple, but also covers any other partner or company, with limited exceptions, according to the DOJ's executive summary . Advertisement ISI Evercore internet analyst Mark Mahaney called this distribution crackdown "draconian" and said investors were surprised by the severity of the proposals. Google shares dropped 5% on Thursday. The reason for this concern is that the online search business is not really about the quality of the technology. The edge comes from massive distribution and the huge volume of user queries that come with such a broad reach. When people use Google to search on the web, the company monitors what results they click on. It feeds these responses back into its search engine, and the product gets constantly better. For instance, if most people click on the third result for a particular query, Google's search engine will likely adjust and rank that result higher in the future. Advertisement This self-reinforcing system is very hard to compete against. This is how the DOJ put it on Wednesday: "Search engines rely on user data to improve search quality — an outcome that drives more users to a search engine. Users attract advertisers, and advertising dollars fund general search engines, creating a perpetual feedback loop that further entrenches Google." One of the few ways to compete is to get more distribution than Google and pull in the extra queries and click-behavior data. Advertisement For many years, Google has paid to lock down most major sources of distribution. The most famous deal is with Apple. Google pays the iPhone maker about $20 billion a year to be the default search engine on Apple's mobile devices. If the search business was actually about the quality of Google's technology, why does it have to pay Apple $20 billion a year? That question is at the heart of the DOJ's case, and Google has never been able to answer it properly. Because it keeps paying Apple . If Google search technology is so great, the company shouldn't have to pay for distribution. People would just flock to its search engine all by themselves. Advertisement We could soon see a real-world test of this. If the judge in this case agrees with the DOJ, then these payments will end — not just with Apple, but with any other third-party source of online distribution for Google's search engine. This may have freaked investors out on Thursday. They know that the search business is mainly about distribution, and Google may not be able to do this now. Advertisement In a worst-case scenario, Google could lose a material slice of the US search market, according to Mahaney. "We believe Google's default search placements via contractual agreements represent 50%+ of Google's US search queries," he estimated on Thursday. If half of Google's US search queries go away, that could threaten the self-reinforcing cycle of user click data improving its results. Advertisement Suddenly, Google Search may not be so uncatchable. Google's top lawyer, Kent Walker, said the DOJ's proposals would "break" the company's search engine and "deliberately hobble people's ability to access" the service. Google gets to propose its own remedies on December 20.

Former President Jimmy Carter has died at the age of 100. The 39th president of the United States was a Georgia peanut farmer who sought to restore trust in government when he assumed the presidency in 1977 and then built a reputation for tireless work as a humanitarian. He earned a Nobel Peace Prize in 2002. He died Sunday, more than a year after entering hospice care, at his home in Plains, Georgia. At age 52, Carter was sworn in as president on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. Carter left office on Jan. 20, 1981, following his 1980 general election loss to Ronald Reagan. Here's the latest: A somber announcement The longest-lived American president died Sunday, more than a year after entering hospice care , at his home in the small town of Plains, Georgia, where he and his wife, Rosalynn, who died at 96 in November 2023 , spent most of their lives. “Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia,” The Carter Center said in posting about his death on the social media platform X. It added in a statement that he died peacefully, surrounded by his family. A Southerner and a man of faith In his 1975 book “Why Not The Best,” Carter said of himself: “I am a Southerner and an American, I am a farmer, an engineer, a father and husband, a Christian, a politician and former governor, a planner, a businessman, a nuclear physicist, a naval officer, a canoeist, and among other things a lover of Bob Dylan’s songs and Dylan Thomas’s poetry.” A moderate Democrat, Carter entered the 1976 presidential race as a little-known Georgia governor with a broad smile, outspoken Baptist mores and technocratic plans reflecting his education as an engineer. After he left office and returned home to his tiny hometown of Plains in southwest Georgia, Carter regularly taught Sunday School lessons at Maranatha Baptist Church until his mobility declined. Those sessions drew visitors from around the world. Former Vice President Gore remembers Carter for life "of purpose” Former Vice President Al Gore praised Jimmy Carter for living “a life full of purpose, commitment and kindness” and for being a “lifelong role model for the entire environmental movement.” Carter, who left the White House in 1981 after a landslide defeat to Ronald Reagan. concentrated on conflict resolution, defending democracy and fighting disease in the developing world. Gore, who lost the 2000 presidential election to George W. Bush, remains a leading advocate for action to fight climate change. Both won Nobel Peace Prizes. Gore said that “it is a testament to his unyielding determination to help build a more just and peaceful world” that Carter is often “remembered equally for the work he did as President as he is for his leadership over the 42 years after he left office.” During Gore’s time in the White House, President Bill Clinton had an uneasy relationship with Carter. But Gore said he is “grateful” for “many years of friendship and collaboration” with Carter. The Associated PressAVITA Medical Announces FDA Approval of RECELL GO mini, Optimizing Treatment for Smaller Wounds

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