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How China Became the World’s Largest Gold Consumer and Producer
AMC Entertainment Holdings announced on Monday that it achieved the highest domestic revenue in its 104-year history during the pre-Thanksgiving weekend - mainly because millions of Americans flocked to theaters nationwide to watch WICKED and GLADIATOR II. In a press release, AMC reported its " highest domestic revenue (admissions revenue plus food and beverage, including merchandise) on the weekend before Thanksgiving in AMC's 104-year history ." It also noted this marked " highest domestic admissions revenue on the weekend before Thanksgiving since 2019, and the third highest domestic admissions revenue on the weekend before Thanksgiving in AMC's history ." AMC recorded 4.6 million moviegoers across its US and international theaters from Thursday to Sunday . The world's largest movie theater chain operates 900 theaters with 10,000 screens globally, including 660 theaters and 8,200 screens in the US. "Naturally, we are pleased that at our US theatres , AMC just recorded our highest revenues for a pre-Thanksgiving weekend in AMC's entire history. Similarly, it is thoroughly satisfying that fully 4.6 million people graced our AMC Theatres in the US and Odeon Cinemas abroad over the just completed four days Thursday to Sunday. What a wonderful way to head into what we expect will be a busy and entertaining holiday moviegoing season ," AMC Chairman and CEO Adam Aron wrote in a statement. With the Goldman Most Shorted Index in a bull market year-to-date, up 27% as of Monday afternoon, everyone who cares asks whether the Reddit Army of Apes jumps back into 'meme' stock AMC... AMC has over $4 billion in long-term debt on the books and has refinanced and extended its maturities to 2029 and beyond. However, interest payments remain a massive burden on its bottom line. Eric Wold, analyst at B. Riley, recently noted, "They've taken moves to reduce their debt, but they still have a lot of debt and they're still paying pretty high interest rates on it." In the third quarter, AMC's revenue exceeded spending, but around $100 million in interest payments pushed the movie chain $21 million into the red for the period. Wold said, "I don't think it'll be consistently profitable for a number of years." However, the latest weekend performance highlights an improving box office environment. And what do hedge funds know? Instutional ownership is on the rise. Short interest has plateaued since mid-year. Current Bloomberg data shows about 13.5% of the float is short, equivalent to 48.6 million shares. The short-interest ratio jumped to 2023 highs above 8. Shares have been trading laterally for much of the year after the company took advantage of retail traders and completed ATM and debt-for-equity exchanges (see here & here ). Meanwhile, Google searches show the apes are more focused on crypto than 'meme' stocks... Will that all change?LEHI, Utah--(BUSINESS WIRE)--Dec 4, 2024-- Gabb , the leading provider of safe tech for kids, celebrated their 2nd “Kid CEO for the Day” by handing the reins of the company to 9-year-old Nova Evenson, an aspiring leader from Naples, Florida, who has used Gabb technology to build connections with others. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204205495/en/ Nova Evenson, of Naples, FL, serving as Gabb's Kid CEO for the Day. Source: Gabb During her time as CEO, Nova led the monthly companywide meeting where the department leads shared with Nova Gabb’s 2024 reports for her approval. She also led meetings with Gabb executives, product brainstorming sessions, and discussions on safe tech for kids. Because she loves step tracking with her Gabb Watch, she challenged the team to increase their daily steps through “walking meetings.” Nova pitched a campaign to collect everyone’s favorite text messages from their families and friends. This idea was inspired by a treasured text message from her grandfather, who recently passed away. The day also included a service project fulfilling gift wishes and providing free safe tech for the nonprofit Utah Parent Center’s holiday program for kids with disabilities facing financial challenges. “It was so wonderful,” said Nova about her day as CEO. “I wasn’t expecting anything like that. The people made it so great.” Nova and her mom, Angel, and dad, Eric, shared with the company how the Gabb Watch 3 she got for Christmas last year has helped her stay connected after her family moved and how it gave them peace of mind after a particularly challenging bullying situation. “Seeing an entire organization rally around my daughter and all children and place what’s best for them at the forefront means everything to me as a mom,” said Angel Evenson. “We get one shot at this parenting thing, and knowing we have organizations and people helping us do the best we can is comforting. I’ve never felt more surrounded by like-minded people than I did yesterday.” Gabb also celebrated Nova with a special playlist on Gabb Music+ titled Boss Beats . The special edition playlist not only featured a walk-on song but also a collection of inspiring, uplifting and empowering songs from across the family-friendly Gabb Music streaming catalog. “Our Gabb CEO for the Day reminds us all that the heart of our company is safe connections,” said Gabb CEO Nate Randle. “Nova’s Gabb Watch connects her with her family and provides support during tough challenges, but she is the hero of her story. She has exemplified bravery and great leadership. She has left a lasting impact on our Gabb team.” About Gabb Gabb® is safe tech for kids. Founded in 2018, Gabb is a rapidly growing tech company focused on keeping families Safely ConnectedTM by providing safephones, safewatches, apps, and software for kids and teens. Gabb’s flexible, safe technology meets kids and teens where they are, allowing them to focus on their personal development and growth without the risks associated with social media and other harmful digital influences. Discover more at gabb.com . Gabb Kid CEO Photo https://gabb.com/wp-content/uploads/2024/12/Gabb-CEO-for-Day.png Broll https://youtu.be/0felIfimw2U View source version on businesswire.com : https://www.businesswire.com/news/home/20241204205495/en/ CONTACT: Brandon Jeppson brandon.jeppson@gabb.com KEYWORD: UTAH FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: WEARABLES/MOBILE TECHNOLOGY SECURITY PARENTING OTHER TECHNOLOGY CHILDREN TELECOMMUNICATIONS SOFTWARE FAMILY INTERNET HARDWARE CONSUMER CONSUMER ELECTRONICS SOCIAL MEDIA TECHNOLOGY MOBILE/WIRELESS ONLINE PRIVACY COMMUNICATIONS APPS/APPLICATIONS SOURCE: Gabb Copyright Business Wire 2024. PUB: 12/04/2024 06:25 PM/DISC: 12/04/2024 06:25 PM http://www.businesswire.com/news/home/20241204205495/en
NoneROSEN, A TOP-RANKED LAW FIRM, Encourages Chipotle Mexican Grill, Inc. Investors to Secure ...9-Year-Old Becomes CEO of Gabb, Kid-Safe Tech Company
Thanksgiving travel live updates: Airport strikes, winter storms expected to cause delaysManchester City boss Pep Guardiola has urged his players to let their performances do the talking, rather than making bold statements on social media. Following Sunday's heavy defeat at Liverpool , City's players have been vocal about their determination to bounce back, with Ruben Dias promising fans that they will see the team's "warriors" spirit and Kyle Walker vowing never to give up on winning more trophies. However, Guardiola has emphasised the importance of results over rhetoric, stating in Tuesday's press conference: "It's just words," and "I know they want it, I don't have doubts about that, but we are not getting results - and you have to get results." He added: "They're not going to come to me and saying they don't believe any more. I would like to help them to find a way to be consistent and win games. Otherwise, I would not decide that I want to be with these players longer." Despite acknowledging the pressure that comes with poor results, Guardiola remains committed to his role, adding: "I accept it and we try to help them. I want to be here and if they want me, then fine." The Spaniard also expressed concerns that City's period of dominance could be drawing to a close following the worst run of his managerial career. Guardiola, who has scooped an astounding 18 trophies in eight years, acknowledged their recent struggles with the team going winless in their last seven games. Last year, Guardiola steered City to a spectacular fourth consecutive Premier League title – his third since taking over, mirroring Manchester United 's historic Treble in the process. However, this term City’s form has dipped dramatically, leaving Guardiola to concede that it may signal the decline of his illustrious side. Currently languishing in fifth place and trailing leaders Liverpool by 11 points, their quest for another Premier League crown seems increasingly unrealistic. In light of questions about whether his squad believes their golden period might be waning, Guardiola confessed: "I don't know. I cannot answer this question." Ahead of City's match against Nottingham Forest, he added, "We will try to extend it as much as possible. We're in December, with many games to play. But when it is going to finish, it is going to finish. "I want to prove we are still an incredible football club. Sooner or later it's going to be the end, but I will try to extend it as much as possible for the best of my club." Recalling earlier triumphs, Guardiola stated, "But even when we were celebrating the Treble, I said it was going to end, but I'd try to continue to push my players, and they responded unbelievably well. "This season, due to many circumstances, everything dropped. If it's the end or not, time will tell."
NoneWhat's next for Gautam Adani after U.S. bribery, fraud charges?
The rapid evolution of online and phone scams has made fraud more sophisticated and harder to detect. What were once simple schemes have now turned into complex operations capable of deceiving even the most tech-savvy individuals. Origins of Rondesse Rondesse was founded in response to the growing number of scam victims across the United States. The idea took shape after someone close to the founders lost over $300,000 in a cryptocurrency scam, which not only wiped out his savings but also led to severe personal consequences, and discord within his family. This incident highlighted the lack of a comprehensive service that could prevent scams, assist in recovering losses, and support victims in rebuilding their lives. The founders quickly realized that any effective solution must operate within legal frameworks and involve collaboration across multiple disciplines. Cybersecurity experts, digital forensics professionals, private investigators, cryptocurrency analysts, and legal representatives are all critical in addressing the complexities of modern scams. Rondesse was created to bring these diverse experts together, providing an integrated approach to scam prevention and recovery. The name “Rondesse,” derived from "Rondë" meaning “vaulted roof,” reflects the company’s mission to shield and protect its clients. Comprehensive Expertise Rondesse combines expertise from various fields, including law, cybersecurity, digital forensics, accounting, and cryptocurrency analysis. This multidisciplinary approach allows Rondesse to offer a unique service that not only prevents scams but also intercepts them in real-time. The company also focuses on remediation, helping victims recover their losses and regain financial stability. Through services such as its SOS hotline, scam intervention, legal guidance, and personalized support, Rondesse addresses the full spectrum of challenges faced by scam victims. Merle’s Case: A Demonstration of Impact One of Rondesse’s notable cases involves Merle, a widow from Charlotte County, Florida, who lost $1.3 million to scammers posing as representatives from PayPal and Bank of America. After exhausting local resources and being turned away by more than 40 law firms, Merle was referred to Rondesse by the same law enforcement agency she initially approached. This referral underscores Rondesse’s reputation and its collaborative work with various law enforcement agencies. The scammers used spoof emails and social engineering tactics to gain control of Merle’s devices, isolating her from her family and ultimately draining her life savings. Rondesse deployed its global network and worked closely with local investigators and law firms, particularly in India, where the perpetrators operated. Their efforts led to the arrest of key figures, including Vikramjeet Singh and Anchal Mittal, who were part of a global call center scam. In total, the investigation resulted in more than 25 arrests, the freezing of 127 bank accounts, and the recovery of approximately $800,000 in assets. This progress, achieved within months, contrasts with the typically slow pace of international scam investigations. Despite jurisdictional challenges and instances of corruption, Rondesse’s work caught the attention of the Enforcement Directorate, India’s equivalent of the U.S. Department of Justice. This collaboration not only brought the perpetrators to justice but also set a precedent for future cross-border cybercrime investigations. Merle is expected to recover a significant portion of her stolen funds in the coming months. A New Standard in Scam Prevention and Recovery Rondesse’s involvement in Merle’s case highlights its ability to navigate the complexities of international cybercrime while delivering tangible results for victims. The company’s integrated approach and strategic partnerships have established a new benchmark for efficiency in scam prevention and recovery. In addition to its specialized legal services, Rondesse provides critical support to victims, helping them rebuild their lives after financial loss. By offering tailored solutions that address both prevention and remediation, Rondesse plays a vital role in tackling the challenges of the digital age. Victims of online scams can turn to Rondesse for real-time assistance and expert support.
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The policies, which begin in 2025, follow more than a year of study involving medicine, science, sport physiology and gender policy law. The updated policies would rule out eligibility for Hailey Davidson, who missed qualifying for the U.S. Women's Open this year by one shot and came up short in LPGA Q-school. Davidson, who turned 32 on Tuesday, began hormone treatments when she was in her early 20s in 2015 and in 2021 underwent gender-affirming surgery, which was required under the LPGA's previous gender policy. She had won this year on a Florida mini-tour called NXXT Golf until the circuit announced in March that players had to be assigned female at birth. “Can't say I didn't see this coming,” Davidson wrote Wednesday on an Instagram story. “Banned from the Epson and the LPGA. All the silence and people wanting to stay ‘neutral’ thanks for absolutely nothing. This happened because of all your silence.” By making it to the second stage of Q-school, Davidson would have had very limited status on the Epson Tour, the pathway to the LPGA. The LPGA and USGA say their policies were geared toward being inclusive of gender identities and expression while striving for equity in competition. The LPGA said its working group of experts advised that the effects of male puberty allowed for competitive advantages in golf compared with players who had not gone through puberty. “Our policy is reflective of an extensive, science-based and inclusive approach,” said LPGA Commissioner Mollie Marcoux Samaan, who announced Monday that she is resigning in January. "The policy represents our continued commitment to ensuring that all feel welcome within our organization, while preserving the fairness and competitive equity of our elite competitions.” Mike Whan, the former LPGA commissioner and now CEO of the USGA, said it developed the updated policy independently and later discovered it was similar to those used by swimming, track and field, and other sports. “It starts with competitive fairness as the North star,” Whan said in a telephone interview. “We tried not to get into politics, or state by state or any of that stuff. We just simply said, ‘Where would somebody — at least medically today — where do we believe somebody would have a competitive advantage in the field?’ And we needed to draw a line. “We needed to be able to walk into any women's event and say with confidence that nobody here has a competitive advantage based on their gender. And this policy delivers that.” The “Competitive Fairness Gender Policy” for the USGA takes effect for the 2025 championship season that starts with the U.S. Women's Amateur Four-Ball on May 10-14. Qualifying began late this year, though there were no transgender players who took part. “Will that change in the years to come as medicine changes? Probably,” Whan said. “But I think today this stacks up.” The LPGA “Gender Policy for Competition Eligibility” would apply to the LPGA Tour, Epson Tour, Ladies European Tour and qualifying for the tours. Players assigned male at birth must prove they have not experienced any part of puberty beyond the first stage or after age 12, whichever comes first, and then meet limitation standards for testosterone levels. The LPGA begins its 75th season on Jan. 30 with the Tournament of Champions in Orlando, Florida.None
Fluence Energy, Inc. Reports Record Performance in 2024 and Initiates 2025 Guidance