
BRP Inc. executives said the Ski-Doo maker needs to stay calm in the face of tariffs proposed by U.S. president-elect Donald Trump — tariffs that could hurt a manufacturer that depends on Mexican production. "I don't think we should overreact right now," chief financial officer Sébastien Martel told analysts on a conference call Friday. "We should not speculate too much, because there are hundreds of different possibilities." Last month, the incoming president threw markets into turmoil when he threatened to slap a 25 per cent tariff on all products entering the U.S. from Canada and Mexico. Trump also proposed a 10 per cent tariff on Chinese imports. Some 70 per cent of BRP's production stems from Mexico, Martel said. The company also churns out Ski-Doo snowmobiles and some of its Can-Am three-wheeled motorcycles at a factory in Valcourt, Que. He stressed the advantage of Mexico's lower labour costs as well as its skilled workforce and the benefits of a North American free trade agreement. "We believe we would not be the same company had we not had that footprint in Mexico," Martel said. Roughly 10 per cent of BRP's goods are sourced from China, Martel noted, adding that those parts are "less technically complex." "There are parts that we could easily transfer to another supplier," he said. "Obviously, it would require work." Many observers have framed Trump's tariff threat as a gambit to gain negotiating leverage, rather than an announcement set in stone. "We are used to dealing with evolving trade agreements and have always succeeded in finding solutions to new tariffs," said CEO José Boisjoli. National Bank analyst Cameron Doerksen said the "uncertainty on this issue" remains a problem. "With the return of the Trump administration, the risk of tariffs on powersports imports into the U.S. market has risen materially, with BRP potentially vulnerable," he said in a note to investors. The uncertainty over tariffs could hardly come at a worse time for the company. BRP saw earnings plunge across all product lines amid dropping demand last quarter, capping off a tough year for the recreational vehicle manufacturer. Net income at the Sea-Doo maker fell 70 per cent year-over-year to $27.3 million in the quarter ended Oct. 31. Third-quarter revenue decreased 17 per cent to $1.96 billion. "Our retail performance was as anticipated, reflecting a challenging market dynamic due to soft industry trends," Boisjoli said, stating that discounts from competitors added to the company's woes. A slow start to the snowmobile season has not helped either. "The snow is a bit late, but now it’s catching up. And we expect good retail this season," Boisjoli said, adding that Ski-Doo sales over the next three months remain a "big question." After an urge for outdoor activity sparked a sales boom during the COVID-19 pandemic, buyers responded to inflation and interest rate hikes by pulling back from pricey recreational purchases. BRP's revenues have fallen year-over-year for eight straight quarters. Last month, the company laid off more than 120 employees in its home province of Quebec. The cuts followed some 1,150 layoffs across North America earlier this year, leaving it with roughly 20,000 workers globally. In October, BRP put its marine businesses up for sale as it looks to focus on powersports products and cut the cable to its money-losing boat brands. Nonetheless, its diluted earnings of $1.16 per share beat analysts' expectations of 69 cents, according to financial markets firm LSEG Data & Analytics. The performance boosted BRP's stock price seven per cent; it closed at $72.75 on the Toronto Stock Exchange on Friday. The company forecast that sales of seasonal products such as Ski-Doos and Sea-Doos will fall by more than 30 per cent this year. The category accounted for a third of BRP revenues last quarter. It predicted sales of all-terrain vehicles and other year-round products — comprising more than half of revenue in the quarter — will drop by more than 20 per cent. This report by The Canadian Press was first published Dec. 6, 2024. Companies in this story: (TSX:DOO) Christopher Reynolds, The Canadian Press
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T he world is reeling from the chaos of disasters, pandemic, war, conflicts, political unrest, hunger, and deprivation, for the people and children who are trying to restart and rebuild their lives and communities. We pray for spiritual grace, healing, love, forgiveness, and lasting world peace. We count our blessings and release all negative vibes. Here’s my annual list of wishes for the children. They are future citizens, and they deserve to inherit a better world. 1. A home with loving parents who will guide and care for them. That all parents will lead by example and teach their kids good manners, family and spiritual values. That all children will be safe from domestic violence and abuse. 2. Good health. That all children, especially those in the rural areas and the marginalized communities, will have proper nourishment and medical and dental care in order to grow strong and healthy. That the essential vaccines to combat diseases will be available to all children in remote and devastated areas. 3. A pollution-free environment — clean air, pure drinking water, open fields, and parks with trees and flowers. That they may appreciate nature and learn how to protect the rivers, seas, lakes, and forests. 4. Quality education. That the public school system will be upgraded with dedicated teachers, more classrooms equipped with internet facilities, and books for students. That all kids will be given the opportunity to study and have the chance to excel. 5. Mental health care. That there will be enough psychologists and guidance counselors to help and protect adolescents with their issues such proper mental health care. Many children suffer from depression and anxiety. Some are desperate and take extreme risks. There should be a holistic psychospiritual treatment program to address this growing situation. 6. A comprehensive sports program for national and international competitions. That kids will learn the values of friendly competition, and the art of winning and losing gracefully. 7. A gender discrimination-free society that will encourage girls and boys to become leaders in school and later in their chosen professions. That they would have the resources from government and the private sector to fulfill their goals. 8. A progressive national arts and culture program and outreach projects to elevate and enhance the consciousness of children. 9. More education grants and financial stipends for good scholarships for deserving students. The appropriate work opportunities and support, both local and international, graduates. 10. Quality and balanced programming on television with more educational and entertaining shows. That producers will not exploit aspiring young performers. That there be proper protection for minors and performers who come out in shows. That all children and adolescents be protected. That social media content would be elevated to a higher level. 11. An accelerated science, math, and technology educational program to equip all future graduates with the necessary IT skills to compete in the international markets. 12. A stable economy. Jobs and livelihood opportunities for parents so that their children can go to and stay in school. Children should not be made to work in sweatshops or beg on the streets. Illegal child labor factories and armies are forbidden. 13. A country with visionary national and local leaders. An efficient, transparent government that is free from corruption. Integrity, compassion, and delicadeza (a sense of pride, honor, propriety, decorum, and/or decency) are some of the best qualities the officials should have. 14. A safe, crime-free, drug-free, abuse-free environment. That all kids be protected from the menace of incest, physical and emotional abuse, and the scourge of drugs. The internet is now being used by predators to exploit children and expose them to sexual abuse. 15. That children not be used as soldiers in areas of armed conflict. 16. Freedom of expression. That children have the right to be themselves. That adults realize that children need respect, and they are entitled to be heard. That there be open communication with parents and teachers or mentors. 17. Innocence. That they have a happy childhood and the chance to enjoy being a child. That they have time to play, study, rest, and heal. Above all, time to grow up at their own pace. A Happy, Prosperous and Healthy New Year to all! Maria Victoria Rufino is an artist, writer, and businesswoman. She is president and executive producer of Maverick Productions. mavrufino@gmail.com
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Report: Institutional neutrality favored at Carolina, Wake, DukeCalifornia to consider requiring mental health warnings on social media sitesEUNISELL Interlinked Plc., an electrical and electronic solutions company, has released its financial results for the first quarter ending September 30, 2024, showing significant improvements in key metrics. The unaudited financial statement filed with the Nigeria Exchange Limited reports a revenue increase to N360 million, up from N43 million in the same period last year, reflecting an 800 per cent rise. The company also reported a Profit After Tax (PAT) of N122 million, compared to a loss of N4.6 million in the first quarter of 2023. Eunisell Interlinked, which provides integrated engineering and technology solutions to industries such as oil and gas, infrastructure, power, and manufacturing, saw its net profit margin rise to 34 per cent, reversing the negative position in Q1 of 2023. Return on Capital Employed (ROCE) increased to 29 per cent, up from a negative figure in the same period last year. The company’s liquidity remains stable, with current assets exceeding current liabilities. Earnings per share (EPS) improved to N1.03, reversing the negative EPS recorded in the first quarter of 2023. Speaking on the report, the Chief Executive Officer (CEO) of the firm, Chris Okoro, noted that the results reflect ongoing efforts to manage costs and focus on customer needs. “This performance is a clear reflection of our commitment to operational efficiency and delivering value to our customers. “Over the past few quarters, we’ve focused on refining our processes, ensuring that we maintain high standards in service delivery while carefully managing our cost base. “Our results demonstrate the effectiveness of these strategies, as well as the resilience of our business model. “As we move into the next quarters, we are determined to build on this momentum. We plan to expand our customer base, particularly in sectors where we see long-term growth potential. “At the same time, we are increasing our investments in technology, which will allow us to enhance our service offerings and better meet the evolving needs of our clients. “Our goal is not just to grow, but to grow sustainably, while continuously improving our operational efficiency,” Okoro said. Eunisell Interlinked’s services include the development, installation, and sale of electrical equipment and cables across various voltage levels.
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Internet Weirdos Are Thirsting Over Suspect In Broad Daylight Assassination Of Healthcare ExecThe recent allegations made against Jay-Z could threaten Beyonce's career plans, it's been reported. Jay-Z has strongly rejected allegations that he was involved in the drugging and assault of a 13-year-old girl. The 55-year-old rapper is named in a lawsuit alongside Sean "Diddy" Combs , which claims both men were involved in the alleged attack during an MTV VMAs after-party in New York on September 7, 2000. An unnamed celebrity was allegedly also present at the event. Initially filed against Combs in October, the lawsuit was recently amended to include Jay-Z as a defendant. The allegations could reportedly raise concerns for Beyoncé’s future projects, including her global tour and her highly anticipated Christmas Day performance at the NFL game between the Houston Texans and Baltimore Ravens. Speaking to The Sun, a source said: "Bey and Jay are one of the most dominant power couples on the globe so even though the claim has nothing to do with her, her name had already been dragged into online speculation.The plan was for Beyonce to perform a new song during her Christmas Day halftime show before kicking off a new era. Beyonce has Act III of her three act album saga to announce as well as a huge stadium tour." The Mirror has contacted representatives for Beyonce for comment. In the early hours of Monday morning, Jay-Z - real name Shawn Carter - said he 'is heartbroken' that he will have to sit down with his children and wife Beyoncé and explain that he's been accused of raping a 13-year-old girl at a party in 2000 - an accusation he vehemently denies. The musician issued a statement in response to the claims, which he called 'so heinous in nature' and slammed Texas lawyer Tony Buzbee. Lawyer Buzbee is representing 120 alleged victims of Sean 'Diddy' Combs and has encouraged others to step forward and report crimes against the rapper. In the statement published on social media, the Roc Nation founder said: "These allegations are so heinous in nature that I implore you to file a criminal complaint, not a civil one!! Whomever would commit such a crime against a minor should be locked away, would you not agree? These alleged victims would deserve real justice if that were the case. "This lawyer, who I have done a bit of research on, seems to have a pattern of these type of theatrics! I have no idea how you have come to be such a deplorable human Mr. Buzbee, but I promise you I have seen your kind many times over. I'm more than prepared to deal with your type. You claim to be a marine?! Marines are known for their valor, you have neither honor nor dignity." He went on to say how it was "unfair" that his family will also be affected by the lawsuit. "My only heartbreak is for my family," he wrote. "My wife and I will have to sit our children down, one of whom is at the age where her friends will surely see the press and ask questions about the nature of these claims, and explain the cruelty and greed of people. "I mourn yet another loss of innocence. Children should not have to endure such at their young age. It is unfair to have to try to understand inexplicable degrees of malice meant to destroy families and human spirit. My heart and support goes out to true victims in the world, who have to watch how their life story is dressed in costume for profitability by this ambulance chaser in a cheap suit. "You have made a terrible error in judgment thinking that all 'celebrities' are the same. I'm not from your world. I'm a young man who made it out of the project of Brooklyn. We don't play these types of games. We have very strict codes and honor. We protect children, you seem to exploit people for personal gain. "Only your network of conspiracy theorists, fake physics, will believe the idiotic claims you have levied against me that, if not for the seriousness surrounding harm to kids, would be laughable. I look forward to showing you just how different I am." Jay-Z shares daughter Blue Ivy, 12, and twins Rumi and Sir, seven, with pop star Beyoncé. Follow Mirror Celebs on Snapchat , Instagram , Twitter , Facebook , YouTube and Threads .
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Letters for Nov. 23: Physicians, not nurses, will solve the health care crisisSUMMARY (adsbygoogle = window.adsbygoogle || []).push({}); Sanctions on Chinese Firm: The US sanctioned Sichuan Silence Information Technology and employee Guan Tianfeng for exploiting a firewall vulnerability in a major global cyberattack. Global Impact: Between April 22–25, 2020, malware compromised 81,000 firewalls worldwide, including 23,000 in the US, targeting sensitive infrastructure. Zero-Day Exploit: The attack leveraged a zero-day vulnerability, initially stealing credentials and later deploying ransomware like Ragnarok. Critical Incident: A US energy company drilling operation narrowly avoided catastrophic damage due to the timely detection of the attack. Nation-State Links: Sichuan Silence is connected to Chinese government agencies and high-profile cyber espionage campaigns, raising concerns about broader national security threats. The United States has taken strong action against a Chinese cybersecurity company, Sichuan Silence Information Technology, for its role in a massive global cyberattack. The company, along with one of its employees, Guan Tianfeng, has been sanctioned for exploiting a critical vulnerability in a popular firewall product. The Background: Between April 22 and 25, 2020, Guan, a security researcher at Sichuan Silence, exploited a critical vulnerability, to deploy malicious software on approximately 81,000 firewalls globally, including 23,000 in the United States (36 of which were deployed to protect critical infrastructure). This breach impacted thousands of businesses, including several critical infrastructure companies in the United States. The initial intent of the malware was to steal sensitive information, such as usernames and passwords. However, after the attack was discovered, the malware was modified to deploy ransomware, encrypting victims’ data and demanding a ransom for its decryption. One particularly alarming incident mentioned by the US Treasury Department involved a US energy company engaged in active drilling operations. If this attack wasn’t detected and thwarted, it could have led to severe consequences, potentially including loss of life. The attack, reportedly, leveraged a zero-day vulnerability . It was a previously unknown flaw that allowed the hackers to gain unauthorized access to the targeted systems. They then installed malware, including the destructive Ragnarok ransomware, on the compromised devices. (adsbygoogle = window.adsbygoogle || []).push({}); In response to this cyber threat, the US government has implemented a multi-faceted approach. The Treasury Department has imposed sanctions on Sichuan Silence and Guan, while the Justice Department has unsealed an indictment charging Guan with international hacking conspiracy. The indictment reveals that Sichuan Silence is a Chinese government contractor, providing services to the Ministry of Public Security and other state-run entities. The company has been linked to various cyber espionage and disinformation campaigns. Sichuan Silence has a history of involvement in cyber espionage and disinformation campaigns. The company has been linked to several high-profile attacks, including those carried out by notorious hacking groups like APT41, APT31, and Volt Typhoon. For your information, the indictment Last month, cybersecurity firm Sophos discovered a vulnerability in its XG Firewall product, CVE-2020-12271 , used by Chinese hackers to install the Asnarök malware. The company collaborated with European law enforcement to confiscate the server that deployed the malware. In addition, Sophos claimed to have observed years-long surveillance, sabotage, and cyberespionage campaigns targeting critical infrastructure and government targets in South and Southeast Asia, including airports, military hospitals, nuclear energy suppliers, state security apparatus, and federal ministries. (adsbygoogle = window.adsbygoogle || []).push({}); Roger Grimes , Data-Driven Defense Evangelist at KnowBe4, shared the following comment with Hackread.com: “ This is a pretty serious, widely successful attack and generally, if you hear about a Chinese company intentionally compromising US critical infrastructure, you immediately think it must have been nation-state motivated and maybe that was also true of this case or it was like many supposed Chinese cybersecurity companies which are really offensive hacking entities, it was a bit of both or a target of opportunity, where Guan possibly shared his newly gained access to US critical infrastructure companies with the PRC. “ Roger noted that “ Installing ransomware is not typically a PRC objective. They don’t need to steal money and installing ransomware is increasing the odds of early detection. Hence, this does seem more an issue related to one individual, Guan, or his employer, versus a directed nation-state operation. I can’t see PRC handlers excited that Guan was installing unneeded malware that would only increase the odds of detection. “ RELATED TOPICS FBI-Wanted Hacker Arrested in Russia Russian National Jailed for Smuggling US Military Tech US Charges 5 MGM Hackers from Scattered Spider Gang Feds Bust N. Korean Identity Theft Ring Targeting US Firms US Takes Down Notorious Warzone RAT Malware Operation
The nominations for the Golden Globe Awards are a starry collection of the biggest names from film and television. “Emilia Pérez”is the leading nominee with 10, but Monday’s nominations gave a boost to several films hoping to be in contention for the Academy Awards, including “Wicked” and “The Substance.” The Globes are known for bringing together television and film stars for the first major awards show each year. The Globes will be handed out Jan. 5 in Beverly Hills, California, in a ceremony hosted by comedian (and Globes nominee) Nikki Glaser. Here’s a collection of reactions to this year’s Globes nominations: “This feels really surreal and wild, and I think it’s particularly special because it’s for a musical ... it feels like a really beautiful full-circle moment to be celebrated for this, and it’s a bit of a dream come true because there was definitely a time that I didn’t think that would ever happen ... I don’t know how often you get to do a big musical onscreen. Some people who don’t go to musicals full stop are going to see this, it’s just been the most incredible thing to see happen, and my eyes are wide open every day and my brain is blown away by the connection that it’s making with people.” — In an interview with The Associated Press. It’s Erivo’s fourth Globe nomination. “I was sort of prepared for the film to be overlooked, given the way it’s been going ... So it is just indescribably meaningful to me that the Globes recognized the film on the grounds of its artistry and as a film. I think this has been a real battle from the get-go to get it made, but even more so to get it seen. And to sort of convince the industry that it was worthy of being seen. It’s a human and archetypal story that could not possibly be more relevant or essential to the moment that we are living through. ... I’m just happy because I think this means more people will see the movie, which has been the only goal. If you want to understand where America is in 2024, a lot of it points to Roy Cohn and his influence on Donald Trump.” — In an interview. Strong played Trump mentor Roy Cohn. “Just to have this recognition, this acknowledgment, to be part of the conversation, I think is a huge win for women, but also for people seeing the importance of self-love and self-acceptance, which is really the kind of overall messaging in this. So I really am thrilled.” — In an interview. “This is a tiny little film that got me out of my garden. I was making pickles and jam. I didn’t think I’d be doing more in this industry. I was a little disappointed in myself and was kind of reassessing some of my life choices. But then this came up and I read it and I could hear her voice in my head, I could see it already and I just thought, ‘This is life or death. I have to do this film.’ This is that feeling that people get when they respond to material and they have to do it. Of course, wasn’t thinking about any of this. I was just thinking ‘I need some place to put my entire life.’ And that was this film, all my life experience from childhood until now.” — In an interview. “Yesterday was my birthday and everybody was texting me and calling me – but today it’s more than that. It was a very interesting time (making the film) and of course I hoped that some interesting people would see it, but I absolutely had no idea about all this stuff, the Palme d’Or, everything .... Everyone (on cast and crew) they gave absolutely 100% — and more than 100% — of the energy and attention that they have, and that’s why I am very happy that they are nominated, too.” — In an interview. “The thing that I’m most happy about in terms of the nomination is just that I get to have another stage — a big stage — to be able to advocate for them and talk to them. This part — this person — means the world to me and it’s very, very special.” — In an interview. Koch played Erik Menendez. “It tapped into something that I understand deeply — the transformative powers of theater. It’s not just about putting on plays, but it’s about the community building that it does, it’s about putting yourself in that person’s shoes. The film was made with deep sincerity and deep respect and heaping amounts of grace.” — In an interview. “Sing Sing” is about a real-life rehabilitation program that works to offer inmates an artistic outlet. “I wanted to show the humanity of what goes on behind closed doors, the messiness, the imperfection, the ambition. In that sense, I feel this movie is not so much about religion than politics. It is a political thriller. It could be about Washington, D.C., or about CEOs — the politics of power.” — In an interview. ___ For more coverage of the 2025 Golden Globe Awards, visit: https://apnews.com/hub/golden-globe-awards Southern California's notorious Santa Ana winds were predicted to return Shares of Nvidia fell Monday after China said it is The nominations for the Golden Globe Awards are a starry He’s one of the most famous corporate leaders in the
FedEx Corp. stock outperforms competitors on strong trading dayUS Rep. Jared Moskowitz discloses buys of several Mag 7 stocksNASHVILLE, Tenn (AP) — Nico Iamaleava threw for 257 yards and four touchdowns rallying No. 7 Tennessee from a 14-point deficit within the first five minutes to rout in-state rival Vanderbilt 36-23 Saturday. “Man, it couldn't have started any worse,” Tennessee coach Josh Heupel told his Vols postgame . “And you know what? Competitive composure ... You just kept coming. That's what elite people, champions do. You just keep coming.” The Volunteers (10-2, 6-2 Southeastern Conference; No. 8 CFP) needed a big victory to impress the College Football Playoff committee enough to earn a home playoff game in December. They beat Vanderbilt (6-6, 3-5) for a sixth straight season leaving the Commodores needing to win their bowl game to post their first winning record since 2013. Better yet, the Vols rebounded from a nightmare start giving up the first 14 points by scoring 29 straight points. They led 24-17 at halftime on Iamaleava's first three TD passes. “Once they took the momentum, we kind of allowed them to have it for the rest of the game," Vanderbilt coach Clark Lea said. "And you got to credit Tennessee. I mean, obviously, they were playing for the playoffs and credit coach Heupel and his team for their winning performance.” Junior Sherrill returned the opening kickoff 100 yards for a touchdown for Vanderbilt to stun a mostly orange crowd. Dylan Sampson fumbled on the Vols’ second play from scrimmage, and Sedrick Alexanader's 4-yard TD run on a 26-yard drive put Vandy up 14-0 quickly. Then Iamaleava got Tennessee going with a 28-yard TD pass to Dont’e Thornton Jr. Tennessee got a break when Max Gilbert's 50-yard field goal bounced off the crossbar and over. Iamaleava found Thornton again on an 86-yard catch-and-run TD, then he tossed an 18-yard TD pass to Miles Kitselman just before halftime. Iamaleava capped the opening drive of the third quarter hitting Mike Matthews with a 14-yard TD pass for a 31-17 lead. The Vols added a safety by Tyre West and another Gilbert field goal. Diego Pavia threw a 31-yard TD pass to Richie Hoskins late with Vandy's 2-point conversion failing for the final margin. Tennessee didn't make a good early impression with yet another slow start. The Vols need to hope for some help to have a chance at moving up a spot or two . The big question is whether the Vols get to host a playoff game in December at Neyland Stadium where they went undefeated this season. Tennessee put together TD drives of 91 and 96 yards in the first half alone. The Vols then beat Vandy at its own game of keepaway after not even managing 10 minutes of possession in the first half. They finished with the edge in that stat outgaining Vandy 538-212. Vanderbilt had some of the best offensive success against Tennessee of any opponent this season. The Commodores had 114 yards rushing and 17 points by halftime against a defense that came in ranked sixth nationally allowing just 98.8 yards a game. The Vols had been fourth in the country giving up just 13.1 points a game having held 10 of 11 opponents under 20 points this season. But Lea said the Commodores ran just 11 plays to Tennessee's 44 after halftime. The Tennessee running back, who set the program record with 22 rushing TDs this season, didn't reach the end zone for the first time this season. Sampson finished with 178 yards rushing to reach 1,485 yards for the season, topping the school mark of 1,464 set by Travis Stephens in 2001. Tennessee waits to hear its spot in the CFP field, while Vanderbilt learns its bowl destination Dec. 8. 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.