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Lauren Boebert joins Cameo, charging $250+ for personalized video messagesU.S. shoppers capitalized on digital platforms, spending an impressive $10.8 billion online during Black Friday, according to Adobe Analytics. This figure marks a significant increase from $9.8 billion in 2023, reflecting the growing trend towards e-commerce during the holiday shopping season. With Black Friday signaling the start of holiday shopping, major players like Amazon and Walmart have been at the forefront. Walmart's investment in store-to-home deliveries aims to capture the rising number of penny-pinched shoppers seeking discounts. Top online sales categories this year included skincare, haircare, and technology items like Bluetooth speakers. The spike in online purchases also saw toys, jewelry, and appliances experiencing significant growth compared to average October sales, with toys rising by 622%. (With inputs from agencies.)
( MENAFN - GlobeNewsWire - Nasdaq) TORONTO, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc., (CBOE: ABXX) (OTCQX: ABXXF) (“ Abaxx ” or the“ Company ”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“ Abaxx Singapore ”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually,“ Abaxx Exchange ” and“ Abaxx Clearing ”), and producer of the SmarterMarketsTM Podcast, today announces that it has filed an early warning report in respect of MineHub Technologies Inc. (“ MineHub ”). On December 27, 2024, pursuant to a share purchase agreement between Abaxx and MineHub dated December 3, 2024 (the“ SPA ”), Abaxx acquired 8,810,000 common shares of MineHub (“ MineHub Shares ”). Prior to the closing of the SPA (the“ Closing ”), Abaxx held 8,333,333 MineHub Shares representing 10.83% of the issued and outstanding MineHub Shares on an undiluted and a partially diluted basis. Immediately after Closing, Abaxx held 17,143,333 MineHub Shares, representing 19.87% of the issued and outstanding MineHub Shares on an undiluted and a partially diluted basis. As a result of the MineHub Shares issued in connection with the SPA, Abaxx's holdings have changed by more than 2% on a partially diluted basis since the filing of its previous early warning report. The MineHub Shares held by Abaxx are for investment purposes. In accordance with applicable securities laws, Abaxx may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of MineHub in the open market or otherwise, and reserves the right to dispose of any or all of such securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to such securities, the whole depending on market conditions, the business and prospects of MineHub and other relevant factors. This disclosure is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report will be filed by Abaxx under MineHub's profile on SEDAR+ at or may be obtained at Abaxx's head office address at 110 Young St., Suite 1601, Toronto, Ontario M5C 1T4. The MineHub Shares are listed on the TSX Venture Exchange under the symbol“MHUB”. MineHub is a corporation existing under the laws of British Columbia with its head office at Suite 918 - 1030 West Georgia St., Vancouver, British Columbia, V6E 2Y3, Canada. About Abaxx Technologies Abaxx is building Smarter Markets - markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is an indirect majority-owner of subsidiaries Abaxx Exchange and Abaxx Clearing, recognized by MAS as a“recognised market operator” (RMO) and“approved clearing house” (ACH), respectively. Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy. For more information please visit abaxx.tech , and . Media and investor inquiries: Abaxx Technologies Inc. Investor Relations Team Tel: +1 246 271 0082 E-mail: ... Cautionary Statement Regarding Forward-Looking Information This press release includes certain“forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx's future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as“seeking”,“should”,“intend”,“predict”,“potential”,“believes”,“anticipates”,“expects”,“estimates”,“may”,“could”,“would”,“will”,“continue”,“plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information related to Abaxx in this press release includes but is not limited to, Abaxx's objectives, goals, and future plans. Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by Abaxx as at the date of this press release in light of management's experience and perception of current conditions and expected developments, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate and extreme weather events; dilution; Abaxx's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; regulatory risks in Singapore and Canada; the ability to list Abaxx's securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; taxation; resource shortages; damage to the Company's reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company's operations, whether true or not; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; the impact of inflation, including global energy cost increases; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third-party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; changes in the price of commodities, capital market conditions and restriction on labor and international travel and supply chains. Abaxx has also assumed that no significant events occur outside of Abaxx's normal course of business. Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Readers are cautioned that forward-looking statements are not guarantees of future performance. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release. MENAFN27122024004107003653ID1109035825 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Photograph: Gregory Costanzo NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Alvin Ailey Dance Foundation today announced that Alicia Graf Mack, widely celebrated for her dance artistry during her years with Alvin Ailey American Dance Theater and for her leadership as the Dean and Director of the Dance Division of The Juilliard School, has been appointed Artistic Director of AILEY. She becomes the fourth Artistic Director in AILEY’s 66-year history, following Alvin Ailey, Judith Jamison (herself a renowned star of the Company), and Robert Battle. Ms. Graf Mack will assume her role with AILEY as of July 1, 2025. News of Ms. Graf Mack’s appointment follows shortly after the death at age 81 of Artistic Director Emerita Judith Jamison, who brought Alicia Graf Mack into Alvin Ailey American Dance Theater and championed her work. Alvin Ailey American Dance Theater’s 2024-25 season, which begins on December 4, celebrates the life and legacy of Ms. Jamison. Daria L. Wallach, Chairman of the Board of Trustees of Alvin Ailey Dance Foundation, said, “Living heritage is central to the artistic achievement of Alvin Ailey, and it is just as integral to AILEY as an organization. As we pass the artistic leadership of AILEY to Alicia Graf Mack, who was introduced to Alvin Ailey American Dance Theater under Judith Jamison’s direction, performed under the leadership of Robert Battle, and electrified the Company’s audiences around the nation and the world, we honor and celebrate the legacy that goes back to Mr. Ailey himself. We know that this powerful continuity across the generations, combined with Ms. Graf Mack’s outstanding talents as a dance artist, educator, administrator, and communicator, will ensure that both the traditions and the innovation of AILEY remain strong for years to come.” Anthony A. Lewis, Board member and head of the selection committee, said, “Out of the many gifted and highly qualified candidates we reviewed as part of an extensive search process, Alicia Graf Mack rose to become our clear-cut choice. Her record of success at The Juilliard School, her profound connection with AILEY, and the intangible personal and professional qualities she possesses make her an exceptional leader. We are convinced that she is the Artistic Director for AILEY’s future.” Alicia Graf Mack said, “It’s the honor of a lifetime to step into this role and continue the legacy of Alvin Ailey—a legacy rooted in celebrating the beauty and resilience of the human spirit. I am committed to preserving the company’s rich heritage while boldly exploring new voices and perspectives that push the boundaries of dance and reflect the world we live in today, and the world we hope to see. I am deeply grateful to AILEY’s Board for placing its trust in me, and am particularly mindful at this moment of the abiding influence of Judith Jamison, who brought me into this extraordinary organization and will forever be an inspiration to me and present in all of us. To all the dancers who have embodied Mr. Ailey’s vision, to Robert Battle, and to the artistic team including the wonderful Matthew Rushing, who have carried AILEY into the present as such a vibrant and indispensable artistic force, I offer my profound thanks. I will give my all to live up to this great responsibility, in service to the Company, our many supporters, our beloved audiences, and the entire AILEY community everywhere.” Alvin Ailey American Dance Theater’s annual five-week holiday engagement at New York City Center from December 4 through January 5 has been prepared by Interim Artistic Director Matthew Rushing. This year’s Opening Night Gala , honoring legendary dance educator Jody Gottfried Arnhold, will feature the return of Ronald K. Brown’s Grace on its 25 th anniversary, with live music by Tony ® and GRAMMY ® Award-winning artist Leslie Odom, Jr. with composer, visual artist, and GRAMMY ® Award-winning vocalist Cécile McLorin Salvant. The finale of Mr. Ailey's Cry will also be performed, to pay tribute to Judith Jamison, who originated the role and ignited the ballet with her unparalleled grace and power. Celebrating the life and legacy of Artistic Director Emerita Judith Jamison, the season will showcase the world premieres of Sacred Songs by Matthew Rushing, Finding Free by Hope Boykin, Many Angels by Lar Lubovitch (his first world premiere for the Company), and Al-Andalus Blues by Jamar Roberts, as well as a new production of Elisa Monte’s Treading and a generous selection of classic repertoire by Alvin Ailey and live music performances. Bennett Rink, Executive Director of AILEY, said, “Carrying forward into a new generation the bold vision of our founder, Alvin Ailey, and building upon the major achievements of Judith Jamison and Robert Battle in developing our organization, Alicia Graf Mack will place the unique stamp of her own leadership on AILEY while remaining true to our heritage. Knowing the great respect she has for Mr. Ailey’s legacy and her comprehensive understanding of the multiple artistic, educational, and social roles that the AILEY organization plays in the world, I look forward with the greatest enthusiasm to working with her as AILEY takes its next steps into an exciting future.” As Artistic Director, Alicia Graf Mack will oversee the artistic program of the entire AILEY organization, which includes Ailey II, The Ailey School, Ailey Arts In Education & Community Programs, and Ailey Extension. Alvin Ailey said, “Dance is for everybody. I believe that dance came from the people and that it should always be delivered back to the people.” Today, AILEY is one of the world’s leading modern dance companies and a global ambassador of American culture, deftly weaving performance, education, and community programming together to celebrate the human spirit and inspire, enlighten, and unite people of all backgrounds. AILEY is currently partnering with the Whitney Museum of American Art to present Edges of Ailey (through February 9, 2025), the first large-scale exhibition to celebrate the life, creativity, influence, and enduring legacy of Alvin Ailey. For more info, visit www.ailey.org . About Alicia Graf Mack Alicia Graf Mack starred as a principal dancer with Alvin Ailey American Dance Theater from 2005 to 2008 and again from 2011 to 2014 and now returns to serve as AILEY’s fourth Artistic Director. She comes to AILEY from The Juilliard School, where she has been the Dean and Director of the Dance Division since 2018. Born in San Jose, California, Alicia Graf Mack grew up in Columbia, Maryland, was offered an apprenticeship at Dance Theatre of Harlem by Arthur Mitchell while in high school, and relocated to New York City at age 17 to join the company. During a hiatus from Dance Theatre of Harlem, she earned a bachelor’s degree magna cum laude in history from Columbia University School of General Studies, then rejoined DTH until the company was temporarily disbanded in 2004. She also holds an MA in nonprofit management from Washington University in St. Louis. In addition to dancing with DTH and Alvin Ailey American Dance Theater, she has been a principal dancer with Complexions Contemporary Ballet and has danced as a guest performer with Alonzo King’s LINES Ballet, Beyoncé, John Legend, Andre 3000, and Alicia Keys. She performed in honor of Carmen de Lavallade at the Kennedy Center Honors 2018 and was also invited to perform in the memorial services of Arthur Mitchell at Riverside Church in New York City and Jessye Norman at the Metropolitan Opera. In 2007, Smithsonian magazine named her an American Innovator of the Arts and Sciences. She is a recipient of the Columbia University Medal of Excellence, an award given each year to an alumnus who has demonstrated excellence in their field of work, and in 2008 delivered the keynote address to the graduates of Columbia University’s School of General Studies. She is the recipient of the 2023 Dance Magazine Award. Before assuming leadership of the Dance Division of Juilliard, she co-founded D(n)A Arts Collective, an initiative created with her sister to enrich the lives of young dancers through master classes and intensives, taught as an adjunct faculty member at the University of Houston, and served as a visiting assistant professor at Webster University. Ms. Graf Mack serves on the Boards of Columbia University School of General Studies and Camille A. Brown and Dancers. In addition, she volunteers her time and talent to the summer intensive of the Art Saves Lives Foundation in St. Maarten. She is the co-producer and host of the podcast Moving Moments , featuring conversations with some of the most celebrated and ground-breaking artists in the field of dance. About AILEY Alvin Ailey American Dance Theater, recognized by US Congressional resolution as a “vital American Cultural Ambassador to the World,” grew from a now-fabled March 1958 performance in New York that changed forever the perception of American dance. Forged during a pivotal moment in the civil rights movement, the Company was established to uplift the African American experience while transcending boundaries of race, faith, and nationality with its universal humanity. Before his untimely death in 1989, Mr. Ailey named Judith Jamison as his successor, and for 21 years she brought the Company to unprecedented success. Alvin Ailey American Dance Theater has performed for an estimated 25 million people in 71 countries on six continents, promoting the uniqueness of the African American cultural experience and the preservation and enrichment of the American modern dance tradition. In addition to being the principal dance company of New York City Center, where its performances have become a year-end tradition, the Company performs annually at the John F. Kennedy Center for the Performing Arts in Washington, DC; the Auditorium Theatre in Chicago; The Fox Theatre in Atlanta; Zellerbach Hall in Berkeley, CA; and at the New Jersey Performing Arts Center in Newark (where it is the Principal Resident Affiliate), and appears frequently in other major theaters throughout the world during extensive tours. AILEY also includes Ailey II, a second performing company of emerging young dancers and innovative choreographers; The Ailey School, one of the most extensive dance training programs in the world; Ailey Arts In Education & Community Programs, which brings dance into the classrooms, communities, and lives of people of all ages; and Ailey Extension, a program offering dance and fitness classes to the general public, which began with the opening of AILEY’s permanent home, The Joan Weill Center for Dance—the largest building dedicated to dance in New York City—at 55th Street at 9th Avenue in New York City. For more information, visit www.ailey.org. Press Contact: Christopher Zunner czunner@alvinailey.org 212-405-9028 A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/220b97d0-161a-49d1-9701-050d98263dd6Kinkead Dent and diverse ground game powers UT Martin past New Hampshire, 41-10 in FCS 1st roundCitigroup Inc. increased its holdings in Viking Therapeutics, Inc. ( NASDAQ:VKTX – Free Report ) by 13.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,345 shares of the biotechnology company’s stock after purchasing an additional 15,557 shares during the quarter. Citigroup Inc. owned 0.12% of Viking Therapeutics worth $8,189,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Blue Trust Inc. acquired a new stake in shares of Viking Therapeutics during the 3rd quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Viking Therapeutics during the second quarter worth $27,000. GAMMA Investing LLC lifted its holdings in shares of Viking Therapeutics by 124.6% during the third quarter. GAMMA Investing LLC now owns 438 shares of the biotechnology company’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Viking Therapeutics in the 3rd quarter valued at $32,000. Finally, Massmutual Trust Co. FSB ADV increased its stake in Viking Therapeutics by 84.3% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 553 shares of the biotechnology company’s stock worth $35,000 after purchasing an additional 253 shares in the last quarter. 76.03% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling at Viking Therapeutics In other news, Director Lawson Macartney sold 2,000 shares of Viking Therapeutics stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $68.67, for a total value of $137,340.00. Following the transaction, the director now directly owns 47,965 shares in the company, valued at approximately $3,293,756.55. The trade was a 4.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, CEO Brian Lian sold 216,130 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $70.83, for a total value of $15,308,487.90. Following the sale, the chief executive officer now owns 2,304,927 shares of the company’s stock, valued at approximately $163,257,979.41. The trade was a 8.57 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 371,117 shares of company stock worth $27,140,009 over the last 90 days. Insiders own 4.70% of the company’s stock. Wall Street Analysts Forecast Growth Read Our Latest Stock Report on Viking Therapeutics Viking Therapeutics Stock Down 2.9 % NASDAQ VKTX opened at $52.94 on Friday. The stock has a market capitalization of $5.90 billion, a PE ratio of -56.92 and a beta of 1.00. The company has a 50 day moving average price of $62.77 and a two-hundred day moving average price of $59.83. Viking Therapeutics, Inc. has a 12-month low of $11.82 and a 12-month high of $99.41. Viking Therapeutics ( NASDAQ:VKTX – Get Free Report ) last released its quarterly earnings results on Wednesday, October 23rd. The biotechnology company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.02. During the same period in the prior year, the company posted ($0.23) EPS. As a group, equities analysts anticipate that Viking Therapeutics, Inc. will post -0.98 EPS for the current year. Viking Therapeutics Company Profile ( Free Report ) Viking Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. The company's lead drug candidate is VK2809, an orally available tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta (TRß), which is in Phase IIb clinical trials to treat patients with biopsy-confirmed non-alcoholic steatohepatitis, as well as NAFLD. Further Reading Want to see what other hedge funds are holding VKTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Viking Therapeutics, Inc. ( NASDAQ:VKTX – Free Report ). Receive News & Ratings for Viking Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viking Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .
LAS VEGAS — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. "As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It's an honor for General Motors and Cadillac to join the world's premier racing series, and we're committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM's engineering expertise and technology leadership at an entirely new level." The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. "We're excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we're assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world." Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. "The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team," Michael Andretti posted on social media. "I'm very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!" The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti's dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years, and F1 initially denied the application despite approval from F1 sanctioning body FIA. The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they've already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti's application was the only one of seven applicants to meet all required criteria to expand F1's current grid. "General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. "Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024," F1 said in a statement. "Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. "With Formula 1's continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." Get local news delivered to your inbox!Giants say their character will be tested in final games: It would be 'easy' to quit on the season
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FBI director Christopher Wray has said he will resign at the end of Joe Biden's term in January, before Donald Trump comes into office. The announcement comes less than two weeks after the president-elect said he intended to nominate loyalist Kash Patel for the job. In a town hall meeting, Mr Wray said that he would be stepping down "after weeks of careful thought". Trump's complete cabinet - who's in and who's out This means he will leave three years short of completing his ten-year term, a time marked by high-profile and politically charged investigations - including FBI agents executing a search warrant of Mr Trump's Florida home in 2022. Mr Trump has repeatedly complained about Mr Wray, including in a recent television interview with NBC News' Meet The Press. During it, he said: "I can't say I'm thrilled with him. He invaded my home," in reference to the FBI search of his Mar-a-Lago property as part of a federal investigation into Trump's handling of classified documents - a case that has since been dropped. More on Donald Trump Russia tells citizens to avoid travel to the West - and responds to Donald Trump's call for Ukraine ceasefire Time magazine's Person Of The Year shortlist includes Joe Rogan, Kate Middleton, Donald Trump and Kamala Harris Donald Trump gushes over 'handsome' Prince William after Paris meeting Related Topics: Donald Trump Follow our channel and never miss an update By stepping down before being fired, Mr Wray said he was trying to avoid a collision with the incoming administration that would have further politicised the FBI and dragged it "deeper into the fray". Mr Wray told employees: "My goal is to keep the focus on our mission - the indispensable work you're doing on behalf of the American people every day. "In my view, this is the best way to avoid dragging the bureau deeper into the fray, while reinforcing the values and principles that are so important to how we do our work." Mr Trump appointed Mr Wray in 2017 after sacking the former head of the FBI, James Comey, following the bureau's investigation into Russian interference in the 2016 US election and alleged collusion with the Trump presidential campaign. Mr Wray was supposed to serve a ten-year term - a length meant to protect appointees from the political influence of changing administrations. When asked about the resignation, Mr Patel said: "We look forward to a very smooth transition at the FBI and I'll be ready to go on day one." Meanwhile, Mr Trump said Mr Wray's resignation marked a "great day". Be the first to get Breaking News Install the Sky News app for free Read more from Sky News: Jamie Foxx reveals why he was in hospital Russia tells citizens to avoid travel to the West World Cup hosts in 2030 and 2034 confirmed He added: "I just don't know what happened to him." Mr Wray rarely seemed to go out of his way to confront the White House while in office but did break with it notably on occasion.F1 expands grid, adds Cadillac brand and new American team for '26
Duke's Diaz: QB Murphy faces internal discipline for raising middle fingers in Virginia Tech winAn online debate over foreign workers in tech shows tensions in Trump's political coalition
Revolutionary Single-Layer Film Eliminates Helmet Changes, Enhancing Driver Safety and Performance LAS VEGAS , Dec. 11, 2024 /PRNewswire/ -- Racing Optics®, the global leader in high-performance tearoff visor film technology, proudly unveils its latest innovation: the Twilight Tearoff . This groundbreaking single-layer tearoff is engineered to elevate driver visibility during late-afternoon and early-evening races, providing superior glare reduction and contrast enhancement. The Twilight Tearoff redefines race-day performance by allowing drivers to maintain focus and adapt seamlessly to changing light conditions, eliminating the need for disruptive helmet changes. This innovation represents a significant leap forward in racing vision technology, delivering immediate and measurable benefits to professional drivers and teams alike. "The Twilight Tearoff solves one of racing's most persistent challenges—ensuring optimal visibility as lighting transitions rapidly during twilight races," said Chris Colton , Chief Applications Engineer at Racing Optics . "Our dedication to driver safety and performance drives every innovation, and the Twilight Tearoff is no exception." Transforming Racing at Twilight Racing teams are already embracing the Twilight Tearoff as a game-changing solution for twilight and low-light racing conditions. One racing team manager shared their experience: "In a recent twilight race, the Twilight Tearoff gave our drivers unmatched visual clarity. Transitioning from glaring sunlight to artificial lighting without pausing to change helmets was a decisive advantage that kept us competitive." By streamlining the driver experience, the Twilight Tearoff enhances safety and helps maintain uninterrupted race momentum—a critical edge in the high-stakes world of motorsports. Exclusive Debut at PRI Show 2024 The Twilight Tearoff will make its debut at the Performance Racing Industry (PRI) Show , held December 12–14, 2024, in Indianapolis, Indiana . This highly anticipated event marks Racing Optics' 25th anniversary , celebrating a legacy of trailblazing innovations in motorsports safety and performance. Availability The Twilight Tearoff is now available for purchase at RacingOptics.com and through authorized dealers. Teams and drivers looking to gain a competitive edge are encouraged to explore this latest advancement. About Racing Optics For 25 years, Racing Optics has led the field in racing vision technology, delivering innovative solutions that enhance safety and performance. With a commitment to collaboration and innovation, the company continues to push the boundaries of motorsports protective equipment. For additional information, please visit RacingOptics.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/racing-optics-introduces-game-changing-twilight-tearoff-to-enhance-visibility-in-low-light-racing-conditions-302329546.html SOURCE Racing Optics, Inc.
An online debate over foreign workers in tech shows tensions in Trump's political coalition
Percentages: FG .338, FT .800. 3-Point Goals: 8-22, .364 (Harris 4-5, Cook 3-9, Bostick 1-2, Filipovity 0-1, Jackson 0-1, Carpenter 0-2, Pickens 0-2). Team Rebounds: 6. Team Turnovers: 2. Blocked Shots: 2 (Cook, E.Tshimanga). Turnovers: 13 (Filipovity 3, Cook 2, Jackson 2, Bostick, Carpenter, E.Tshimanga, N.Tshimanga, Nnamoko, Pickens). Steals: 2 (Cook, Harris). Technical Fouls: None. Percentages: FG .288, FT .867. 3-Point Goals: 5-21, .238 (M.Johnson 2-5, Butler 2-7, Squire 1-2, Campbell 0-1, Felt 0-2, Thomas 0-4). Team Rebounds: 2. Team Turnovers: None. Blocked Shots: 3 (Felt 2, Butler). Turnovers: 8 (Campbell 3, Thomas 2, Exacte, Green, M.Johnson). Steals: 9 (Campbell 5, M.Johnson 3, Butler). Technical Fouls: None. .Kings fire Mike Brown: Coach out in Sacramento after 13-18 start to season, per report
Mysuru: The Old Mysuru region experienced notable events throughout 2024. The region witnessed several political turmoils, including an FIR being lodged against chief minister Siddaramaiah, the arrest of the son and grandchildren of former PM HD Deve Gowda, BJP expelling one of its senior-most leaders, KS Eshwarappa from the party, and the appointment of CH Vijayashankar as the Meghalaya governor. An era ended with the demise of former CM SM Krishna. The year concluded with the grand success of the 87th Kannada Sahitya Sammelana in Mandya. The biggest political development in the region was Lokayukta cops filing an FIR against CM Siddaramaiah and his wife Parvathi on Sept 27, in connection with the Mysuru Urban Development Authority (Muda) sites scam. Later, both of them appeared before the Lokayukta SP for an inquiry in the city. In the Lok Sabha election 2024, Congress was able to wrest the Hassan constituency, which is considered the home turf of the Gowda family, after a gap of 25 years, while a member of the Mysuru royal family was elected as a Lok Sabha member for the first time after a gap of 25 years. BJP's decision to join hands with JD(S) in the 2024 Lok Sabha election helped both parties to wrest the majority of seats in the Old Mysuru region. Another major political development in the region was BJP's decision to leave the Mandya Lok Sabha constituency to its alliance partner JD(S), instead of retaining incumbent MP Sumalantha, who supported BJP after being elected as an independent candidate in the 2019 general election. After a gap of 18 years, Mandya got representation in the central cabinet with HD Kumaraswamy becoming the cabinet minister for steel and heavy industries. The arrests of former minister and MLA HD Revanna, son of former PM HD Deve Gowda, and his two children, Suraj Revanna (MLC) and Prajwal Revanna (ex-MP), in connection with an alleged sex scandal also made headlines. Revanna and his sons, Prajwal and Suraj, denied the allegations. A mammoth protest against the Deve Gowda family in Hassan, organised by like-minded organisations on May 30, also raised political tensions. End of an era Former CM SM Krishna's death on December 10 marked the end of an era. Krishna, who started his political career as an MLA from Maddur, was considered one of the tallest leaders of the state. Another veteran leader, KH Shrinivas from Shivamogga, passed away on August 30. Yettinahole project The ambitious but controversial Yettinahole drinking water project was inaugurated on Sept 6 at Hassan by CM Siddaramaiah. This project, which aimed at providing drinking water to the drought-hit areas of the southern districts, was criticised as an ecological disaster. No water crisis With southern districts recording heavy rain during the monsoon, there was no Cauvery water crisis this year. The KRS dam continues to remain filled even till the end of December, ensuring that there will not be a drinking water crisis in the summer of 2025. Sahitya Sammelana After a gap of 30 years, Mandya district hosted the 87th Akhila Bharata Kannada Sahitya Sammelana between Dec 20 and 22. Lakhs of people attended this Kannada festival, which attracted Kannada lovers from across the globe. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .