ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ended. In information made public Monday, the New Jersey Division of Gaming Enforcement fined DraftKings $20,000. It also levied $10,000 fines on Rush Street Interactive NJ and the sports betting technology company Kambi. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.WILTON, Iowa — Every year the U.S. egg industry kills about 350 million male chicks because, while the fuzzy little animals are incredibly cute, they will never lay eggs, so have little monetary value. That longtime practice is changing, thanks to new technology that enables hatcheries to quickly peer into millions of fertilized eggs and spot male embryos, then grind them up for other uses before they mature into chicks. The system began operating this month in Iowa at the nation’s largest chick hatchery, which handles about 387,000 eggs each day. “We now have ethically produced eggs we can really feel good about,” said Jörg Hurlin, managing director of Agri Advanced Technologies, the German company that spent more than a decade developing the SUV-sized machine that can separate eggs by sex. Even Americans who are careful to buy cage free or free range eggs typically aren’t aware that hundreds of millions of male chicks are killed each year, usually when they are only a day old. Most of the animals are culled through a process called maceration that uses whirling blades to nearly instantly kill the baby birds — something that seems horrifying but that the industry has long claimed is the most humane alternative. “Does the animal suffer? No because it’s instantaneous death. But it’s not pretty because it’s a series of rotating blades,” said Suzanne Millman, a professor at Iowa State University who focuses on animal welfare. Chick culling is an outgrowth of a poultry industry that for decades has raised one kind of chicken for eggs and another for meat. Egg-laying chickens are too scrawny to profitably be sold for meat, so the male chicks are ground up and used as additives for other products. It wasn’t until European governments began passing laws that outlawed maceration that companies started puzzling out how to determine chicken sex before the chicks can hatch. Several companies can now do that, but unlike most competitors, AAT’s machine doesn’t need to pierce the shell and instead uses a bright light and sensitive cameras to detect an embryo’s sex by noting feather shading. Males are white, and females are dark. The machine, called Cheggy, can process up to 25,000 eggs an hour, a pace that can accommodate the massive volume seen at hatcheries in the U.S. Besides the Cheggy machine in the small eastern Iowa city of Wilton, an identical system has been installed in Texas, both at hatcheries owned by Hy-Line North America. The process has one key limitation: It works only on brown eggs because male and female chicks in white eggs have similar-colored feathers. That’s not a huge hindrance in Europe, where most eggs sold at groceries are brown. But in the U.S., white shell eggs make up about 81% of sales, according to the American Egg Board. Brown shell eggs are especially sought by people who buy cage-free, free-range and organic varieties. Hurlin said he thinks his company will develop a system to tell the sex of embryos in white eggs within five years, and other companies also are working to meet what’s expected to be a growing demand. Eggs from hens that were screened through the new system will supply NestFresh Eggs, a Southern California-based business that distributes organic eggs produced by small operations across the country. The eggs will begin showing up on store shelves in mid-July and NestFresh executive vice president Jasen Urena said his company will begin touting the new chick-friendly process on cartons and with a larger marketing effort. “It’s a huge jump in animal welfare,” Urena said. “We’ve done so much work over the years on the farms. How do we make the lives of these chickens better? Now we’re able to step back and go into the hatching phase.” Urena said the new system was more expensive but any price increase on store shelves would be minimal. The animal welfare group Mercy for Animals has tried to draw attention to chick culling for more than a decade in hopes of ending the practice. Walter Sanchez-Suarez, the group’s animal behavior and welfare scientist, said laws in Europe outlawing chick culling and new efforts to change the practice in the U.S. are wonderful developments. However, Sanchez-Suarez sees them as a small step toward a larger goal of ending large-scale animal agriculture and offering alternatives to meat, eggs and dairy. “Mercy for Animals thinks this is an important step, but poultry producers shouldn’t stop there and should try to see all the additional problems that are associated to this type of practice in egg production,” he said. “Look for alternatives that are better for animals themselves and human consumers.”
Commerce Bank increased its position in The Kraft Heinz Company ( NASDAQ:KHC – Free Report ) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,971 shares of the company’s stock after buying an additional 623 shares during the period. Commerce Bank’s holdings in Kraft Heinz were worth $1,544,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also modified their holdings of the company. LSV Asset Management boosted its stake in Kraft Heinz by 2.1% in the 2nd quarter. LSV Asset Management now owns 9,107,688 shares of the company’s stock worth $293,450,000 after buying an additional 189,000 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Kraft Heinz by 9.7% in the second quarter. Legal & General Group Plc now owns 9,064,592 shares of the company’s stock worth $292,061,000 after acquiring an additional 799,581 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Kraft Heinz by 47.3% in the second quarter. Dimensional Fund Advisors LP now owns 5,536,214 shares of the company’s stock valued at $178,379,000 after purchasing an additional 1,778,263 shares during the period. AQR Capital Management LLC increased its position in Kraft Heinz by 14.2% during the second quarter. AQR Capital Management LLC now owns 4,063,076 shares of the company’s stock worth $130,912,000 after purchasing an additional 505,180 shares during the last quarter. Finally, Cooke & Bieler LP raised its stake in Kraft Heinz by 4.7% during the second quarter. Cooke & Bieler LP now owns 3,402,510 shares of the company’s stock worth $109,629,000 after purchasing an additional 153,490 shares during the period. Hedge funds and other institutional investors own 78.17% of the company’s stock. Kraft Heinz Stock Performance Kraft Heinz stock opened at $31.81 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.06 and a quick ratio of 0.56. The firm’s fifty day moving average price is $34.08 and its 200 day moving average price is $34.26. The company has a market capitalization of $38.46 billion, a price-to-earnings ratio of 28.66, a price-to-earnings-growth ratio of 3.55 and a beta of 0.49. The Kraft Heinz Company has a 12-month low of $30.40 and a 12-month high of $38.96. Kraft Heinz Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 29th will be issued a $0.40 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 5.03%. Kraft Heinz’s dividend payout ratio is presently 144.14%. Insider Activity at Kraft Heinz In other news, EVP Pedro F. P. Navio sold 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $33.45, for a total value of $1,505,250.00. Following the completion of the sale, the executive vice president now directly owns 168,195 shares in the company, valued at approximately $5,626,122.75. The trade was a 21.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . 0.32% of the stock is currently owned by corporate insiders. Wall Street Analysts Forecast Growth A number of analysts have recently commented on KHC shares. Wells Fargo & Company upped their price objective on Kraft Heinz from $34.00 to $35.00 and gave the stock an “equal weight” rating in a report on Thursday, August 1st. Stifel Nicolaus downgraded Kraft Heinz from a “buy” rating to a “hold” rating and cut their price objective for the stock from $40.00 to $38.00 in a report on Friday, October 25th. Citigroup decreased their target price on Kraft Heinz from $39.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Piper Sandler restated a “neutral” rating and issued a $35.00 price target (down previously from $40.00) on shares of Kraft Heinz in a report on Tuesday, November 19th. Finally, Mizuho decreased their price objective on shares of Kraft Heinz from $43.00 to $41.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Kraft Heinz currently has an average rating of “Hold” and an average target price of $36.55. View Our Latest Research Report on Kraft Heinz About Kraft Heinz ( Free Report ) The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands. Recommended Stories Receive News & Ratings for Kraft Heinz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraft Heinz and related companies with MarketBeat.com's FREE daily email newsletter .INDIANAPOLIS--(BUSINESS WIRE)--Dec 19, 2024-- The Indy Autonomous Challenge (IAC), a global leader in high-speed autonomy, is gearing up for a monumental return to CES 2025 with exciting new developments, including the introduction of multicar racing and the future of physical AI . Set to take place on January 9, 2025 at the Las Vegas Motor Speedway from 2-4 PM PST , the Autonomous Challenge at CES 2025 will mark a significant milestone in the development of autonomous technologies, offering attendees a firsthand look at the evolution of AI in high-speed motorsport. A New Era of AI Racing: Multicar Showdown and Tiered Competitions Having introduced the world to head-to-head autonomous racing three years ago at CES, the IAC will attempt another historic feat during CES 2025 with a multicar exhibition race. Teams will run 3-4 autonomous racecars on track at the same time, in a thrilling 20-lap format. This marks a significant leap forward in high-speed autonomy, as the exhibition race will test not just individual car performance but the ability of AI systems to manage complex multi-agent interactions at high speed. The IAC race event at CES2025 will feature a progressive three-tiered structure, designed to ensure teams at every level can actively compete and push the boundaries of their AI driver development: This structure allows for a progressive increase in AI racing difficulty, ensuring all teams, regardless of experience, have a chance to showcase their AI driver development in the ever-evolving landscape of autonomous racing. New Teams and Exciting Partnership The IAC has also welcomed two new university teams: Indiana University and California Institute of Technology , bringing the total number of IAC teams to ten. These new additions further elevate the competition, expanding the IAC’s global pool of talent and expertise that are working on a common AI and robotics platform to accelerate the future of high-speed autonomy The IAC’s commitment to pushing the boundaries of AI extends beyond racing, through a strategic collaboration with the U.S. Defense Advanced Research Projects Agency (DARPA) which selected IAC as an official test and evaluation platform to be used in improving AI training for autonomous systems. This work is part of a new DARPA program, Transfer Learning from Imprecise and Abstract Models to Autonomous Technologies (TIAMAT) which aims to address the “simulation to real” gap in AI training. “The Indy Autonomous Challenge is truly leading the charge in the physical AI revolution,” said Paul Mitchell, President of the Indy Autonomous Challenge. “By pushing the limits of autonomous technology on the racetrack, we’re not just developing AI that can drive racecars—we’re creating systems that can be applied to everything from aviation to autonomous vehicles and robotics. The race at CES will be a showcase of cutting-edge innovation, and it’s also a great example of what can be achieved when government, academia, and industry come together to tackle some of the biggest tech challenges of our time.” IAC at CES 2025: A Hub for Innovation As a leader in the physical AI revolution , the IAC will take center stage at CES 2025 , the world’s largest innovation event. The IAC will have a prominent display in the West Hall lobby, showcasing the IAC-AV-24 world’s fastest autonomous racecar, along with a series of CES Conference Sessions exploring the future of AI in motorsport and beyond. Sessions include: These sessions will provide key insights into the future of physical AI and its potential to revolutionize mobility while increasing sustainability and quality of life. Race Day and VIP Experience at CES The Indy Autonomous Challenge race day at CES 2025 will be held at the Las Vegas Motor Speedway, setting the stage for a thrilling exhibition of innovation, speed, and AI advancement. Taking place on January 9 from 2-4 PM PST , this exciting autonomous race event will include three competitions: Time Trials, Passing Competition, and Multicar Race Exhibition. Ample parking will be available at the venue, and rideshare drop-offs are encouraged for added convenience. This year’s official IAC at CES Media Briefing will take place at the Media Center of the Las Vegas Motor Speedway on January 9, 2025, at 1:15 PM , right before race activities begin. Reporters will receive the latest updates, learn about the innovations on the track, and have the opportunity for an open Q&A with IAC leadership and team leads. Media Registration: To attend any IAC track events as media, including tier 1, 2 and 3 exhibitions and/or to attend the media briefing, please register here . Media Contact & Resources: To request an interview with IAC stakeholders or to plan media tours at the track and/or booth, please contact IAC@OneMoreVolley.com . High-resolution images and additional information about the Indy Autonomous Challenge are available on the IAC Media Page . About the IAC: The Indy Autonomous Challenge (IAC) is a non-profit organization based in Indianapolis, Indiana (USA) that organizes racing competitions among university-affiliated teams from around the world. Teams program AI drivers to pilot fully autonomous racecars and compete in a series of history-making events at iconic tracks. The IAC is working to establish a hub for performance automation in the state and is harnessing the power of innovative competitions to attract the best and the brightest minds from around the globe to further state-of-the-art technology in the safety and performance of autonomous vehicles. The IAC started as a $1 million prize competition with 31 university teams signing up to compete more than four years ago, representing top engineering and technology programs from 15 U.S. states and 11 countries. Follow the IAC on LinkedIn , Twitter , Instagram , Facebook , & YouTube . View source version on businesswire.com : https://www.businesswire.com/news/home/20241219471601/en/ IAC@OneMoreVolley.com KEYWORD: INDIANA NEVADA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ARTIFICIAL INTELLIGENCE EDUCATION PROFESSIONAL SERVICES MOTOR SPORTS INTERIOR DESIGN OTHER ENTERTAINMENT CONSTRUCTION & PROPERTY DATA ANALYTICS NANOTECHNOLOGY AUTOMOTIVE MANUFACTURING SOFTWARE NETWORKS MANUFACTURING VEHICLE TECHNOLOGY SPORTS HARDWARE ENTERTAINMENT ELECTRONIC DESIGN AUTOMATION DATA MANAGEMENT PERFORMANCE & SPECIAL INTEREST TECHNOLOGY AUTOMOTIVE AUTONOMOUS DRIVING/VEHICLES GENERAL AUTOMOTIVE UNIVERSITY SOURCE: The Indy Autonomous Challenge Copyright Business Wire 2024. PUB: 12/19/2024 03:44 PM/DISC: 12/19/2024 03:45 PM http://www.businesswire.com/news/home/20241219471601/enBBC Strictly Come Dancing's Chris McCausland in brutally honest two-word admission about musicals week
Pender Growth Fund Provides Financial Highlights and Company Updates
A hypersonic underwater tunnel connecting the UK to the United States could see trains travelling at speeds of 3,000mph. But the dream of a trans-Atlantic train connecting London and New York would come at a price - almost $20tn. The idea of a "Transatlantic Tunnel" has existed for a while. But developments in technology mean it may one day be possible. The world's richest man, Elon Musk, is one of those who has championed vacuum tube technology. He once proposed sending capsules through a vacuum environment to reduce air resistance. Currently a flight between the two cities takes around eight hours. Trains powered by conventional technology running underneath the ocean would not be able to make the journey fast enough to justify the cost of construction. The distance between the two global cities is more than 3,000 miles, and it would take years to build. Stunning European town so sick of overcrowding that tourists fined $300 for taking selfies Optical illusion reveals if you're strong-willed or kind-hearted - what do you see? But Musk and others say vacuum tube technology could hold the key and make the concept viable. The multi-billionaire introduced the concept in a white paper in 2013, and has also been a proponent of the field, organising student competitions and founding The Boring Company, focused on tunnelling technology. It would work by creating a vacuum within the tunnel and using pressurised vehicles. Trains would not face any air resistance within the tunnel. In theory, they could reach far higher speeds than conventional trains. Capsules darting along the structure could theoretically reach speeds of more than 3,000 mph. If that was to happen then a journey between the two great cities would barely take a hour. This design is sometimes called a "hyperloop". It might seem like the stuff of fantasy sci-fi but the age of hyperloop technology might be closer than we think, reports Newsweek . Trials of the technology are underway in India and China, with plans to integrate it into their high-speed rail systems nationwide. A Transatlantic Tunnel would be much more efficient and environmentally friendly than flying. Proposals for a tunnel are still unclear. While some have suggested a route underneath the ocean floor, others have favoured stilts or a floating tube, held in place by cables attached to the ocean floor. And judging by how long it took to build the Channel Tunnel linking France to the UK it won't be something we see in our lifetime. The link between Britain and France took more then six years to build. If the trans-Atlantic tunnel were built at the same speed, it would take 782 years.Tories urge PM to reject Netanyahu arrest warrant and alter ‘nonsensical’ stance
NoneARLINGTON, Texas (AP) — Lance Ware had 17 points in UT Arlington's 77-68 win over UL Monroe on Saturday. Ware had six rebounds and three blocks for the Mavericks (5-6). Diante Smith shot 5 of 11 from the field, including 2 for 7 from 3-point range, and went 4 for 4 from the line to add 16 points. Brody Robinson shot 2 for 5 (1 for 4 from 3-point range) and 6 of 8 from the free-throw line to finish with 11 points. Makai Willis led the Warhawks (4-8) in scoring, finishing with 18 points, 13 rebounds and two blocks. Tyreese Watson added 15 points, six rebounds and four assists for UL Monroe. Jalen Bolden also had 13 points, 15 rebounds, seven assists and three steals. UT Arlington next plays Wednesday against Evansville at home, and UL Monroe will host Houston Christian on Tuesday. ___ The Associated Press created this story using technology provided by and data from . The Associated Press
Spartan Capital Securities is Pleased to Announce the Hiring of Vito Coviello, Chief Financial Officer