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The Latest: Police search for man who killed UnitedHealthcare CEO, new photos of suspect releasedBOSTON , Dec. 13, 2024 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced today that the Fund's annual stockholder meeting (the "Meeting") will be scheduled for Thursday, March 13, 2025 , via a virtual forum at 11:00 a.m. ET . Stockholders of record as of January 15, 2025 will be entitled to notice of, and to attend and vote at, the Meeting. The notice for the Meeting will be mailed to shareholders on or about February 10, 2025 . The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People's Republic of China (" China "), or (ii) of companies for which the principal securities trading market is outside of China , or constituting direct equity investments in companies organized outside of China , that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China . While the Fund is permitted to invest in direct equity investments of companies organized in China , it presently holds no such investments. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "CHN". The Fund's investment manager is Matthews International Capital Management, LLC. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Michigan aims to cap lost season by beating Ohio State
Completed critical electrical upgrades to support Lake Mariner HPC hosting and mining buildings Remain on schedule to deliver 72.5 MW of HPC hosting capacity by the end of Q2 2025 Successfully installed approximately 7,400 state-of-the-art S21 Pro miners Achieved 8.4 EH/s of operational self-mining capacity, a 68% year-over-year increase EASTON, Md., Dec. 03, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today provided its unaudited monthly production and operations update for November 2024. November 2024 Production and Operations Highlights _______________ 1 All figures except Bitcoin Self-Mined are estimates and remain subject to standard month-end adjustments. 2 Computed as the weighted-average opening price of bitcoin on each respective day the Bitcoin Self-Mined is earned. 3 While nameplate mining inventory as of November 30, 2024 for Lake Mariner is estimated at 9.7 EH/s, actual monthly hash rate performance depends on a variety of factors, including (but not limited to) performance tuning to increase efficiency and maximize margin, scheduled outages (scopes to improve reliability or performance), unscheduled outages, curtailment due to participation in various cash generating demand response programs, derate of ASICS due to adverse weather and ASIC maintenance and repair. Performance in November was impacted by planned outage for electrical upgrades and miner fleet upgrade work. Performance in October was impacted by miner fleet upgrade work. 4 Nameplate miner efficiency excludes auxiliary load. Management Commentary Sean Farrell, Chief Operating Officer of TeraWulf remarked, “November marked a pivotal month for Lake Mariner as we completed significant upgrades to our electrical infrastructure. These enhancements will ensure reliable and redundant power delivery to CB-1, CB-2, and future HPC hosting loads, positioning us to meet the increasing demand for Tier 3 HPC infrastructure.” Farrell added, “Despite a brief planned outage, we mined 115 bitcoin with an average daily production rate of nearly four bitcoin. Our miner refresh program has substantially improved efficiency, achieving a weighted average of approximately 19 J/TH. Additionally, our onsite repair teams are on track to restore 1.3 EH/s of mining equipment under warranty by year-end. Construction of MB-5 is proceeding on schedule, with conduit installation complete and foundation pours and structural steel assembly underway.” Production and Operations Update TeraWulf’s commitment to operational excellence and sustainability continues to drive its growth across the Company’s bitcoin mining and HPC hosting businesses. As of November 30, 2024, TeraWulf's operational bitcoin mining capacity was 195 MW at the Lake Mariner facility. Upon completing miner repairs, fleet upgrades and onboarding new miners, TeraWulf’s self-mining hash rate is expected to reach approximately 9.7 EH/s. November’s average hash rate was 5.9 EH/s, factoring in planned outage for electrical upgrades, demand response events and optimization strategies to maximize profitability. On the WULF Compute front, progress continues on large-scale HPC hosting infrastructure at Lake Mariner. Dry cooler installation is complete for the 20 MW CB-1 facility, which is on track for Q1 2025 completion. We remain on schedule to deliver 72.5 MW of HPC hosting capacity by the end of Q2 2025. About TeraWulf TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including hydroelectric and nuclear power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov . Investors: Investors@terawulf.com Media: media@terawulf.com‘Ensure improved drinking water facilities in Srinagar’
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The NHL has handed down its verdict for Zach Whitecloud 's controversial hit on Matthew Knies, and the decision itself comes with controversy. On Wednesday night, Vegas Golden Knights ' Zach Whitecloud ended up giving Toronto's Matthews Knies a very rough hit that left Knies shaken. A scrum immediately ensued as Knies made it under his own power to the bench and then left the game and did not return. Originally called a major penalty, Whitecloud got off scot-free as Leafs fans were irate. Those fans thought surely the NHL wouldn't overlook this hit against one of its brightest up-and-coming stars, right? Well as always, the NHL tends to make the wrong decision when it comes to player safety. TSN's Darren Dreger joined Gino Reda and reported that the league has reviewed the hit and decided not to punish Whitecloud: Instinctually I'm told that hit, while devastating, and it left Matthew Knies on the sideline...an experienced referee wouldn't call it a major. Why wouldn't you call it a major though? We've seen it in other situations this year. You have the technology, and you have the ability to get it right. But here's where people get confused. When referees put the headset on and look at the tablet they think there are 12 guys talking them through it. Hockey ops isn't beyond the supervising referee who is directing the video traffic who ultimately makes that call. It was the ref as soon as they saw the evidence, that rescinded. They think there are several voices in that opinion and that is simply not true.' As of it being past 5PM ET, there is no longer the ability to punish Whitecloud even if they wanted to. While the referees didn't see it as an illegal hit, that didn't stop other analysts, pundits, and fans from giving their own take on the matter. Paul Bissonnette was on the ref's side, a rarity given his Leafs fandom. However, many were quick to point out that Whitecloud's feet indeed left the ice and his increased height over everyone wasn't just a mid-game growth spurt. It's a controversial hit that has undoubtedly caused a whirlwind of debate and frustration from both sides of the coin. All we can hope is that Knies isn't hurt too badly. The focus should turn now to making sure Knies is okay going forward. The league and the refs already made their call. Let's move on and get your revenge on the ice. This article first appeared on Hockey Patrol and was syndicated with permission.Timothée Chalamet Responds to Bob Dylan’s Praise Ahead of A Complete Unknown By is “grateful” for ’s comment about the upcoming biopic, . The biopic will see Chalamet portraying the younger version of the legendary singer-songwriter. After the award-winning singer praised Chalamet, who — according to Dylan himself — is a “brilliant actor,” Chalamet took to social media to express his gratitude toward the singer. What did Timothée Chalamet say about Bob Dylan’s compliment? On (formerly Twitter), the Call Me by Your Name and Wonka star shared Dylan’s post, saying, “Floored. I am so grateful. Thank you Bob.” He also shared Dylan’s post via Instagram story, calling it a “dream come true.” Floored. I am so grateful. Thank you Bob Yesterday, Dylan — known for hits like “Visions of Johanna,” “Like a Rolling Stone,” “Desolation Row,” “Positively Fourth Street,” “It Ain’t Me Babe,” and more — shared his first-ever public comment on the forthcoming biopic, which is set to hit theaters on December 25. “There’s a movie about me opening soon called A Complete Unknown (what a title!). Timothee Chalamet is starring in the lead role. Timmy’s a brilliant actor so I’m sure he’s going to be completely believable as me. Or a younger me. Or some other me,” Dylan wrote. The singer then reminded everyone to read ’s 2015 book that the movie is based on. “The film’s taken from Elijah Wald’s Dylan Goes Electric – a book that came out in 2015. It’s a fantastic retelling of events from the early ‘60s that led up to the fiasco at Newport. After you’ve seen the movie read the book,” said Dylan. There’s a movie about me opening soon called A Complete Unknown (what a title!). Timothee Chalamet is starring in the lead role. Timmy’s a brilliant actor so I’m sure he’s going to be completely believable as me. Or a younger me. Or some other me. The film’s taken from Elijah... In addition to starring, Chalamet also served as one of the producers, with Dylan executive producing himself alongside Brian Kavanaugh-Jones and Andrew Rona. The movie, directed by , features an ensemble cast of Edward Norton, Elle Fanning, Monica Barbaro, Boyd Holbrook, Dan Fogler, and more. “Set in the influential New York music scene of the early 60s, the film follows 19-year-old Minnesota musician Bob Dylan’s (Chalamet) meteoric rise as a folk singer to concert halls and the top of the charts — his songs and mystique becoming a worldwide sensation — culminating in his groundbreaking electric rock and roll performance at the Newport Folk Festival in 1965,” the synopsis reads. A Complete Unknown hits theaters on December 25. Ryan is a TV/Film news writer for ComingSoon. Share article
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COLUMBIA, S.C. (AP) — Former South Carolina Sen. Kay Patterson, who rose from cleaning offices at the segregated Statehouse to serving as a state legislator for over 30 years died Friday. He was 93. The South Carolina Democratic Party announced Patterson's death saying he “left an indelible mark on our state. Senator Patterson commanded everyone’s attention with his wit and wisdom.” The statement did not list a cause of death. Patterson was born in 1931 in Darlington County and raised by his grandmothers. They recalled his hardheaded spirit early, recommending he not take jobs as a golf caddy or shoe shiner because he was likely to mouth off to white people in segregated 1940s South Carolina and get in trouble. Instead, Patterson served in the military and then got his teaching degree through the GI Bill at Allen University. While in college, he cleaned offices at the segregated capitol where he and other Black people couldn't be unless they were working. "When I was a janitor, Black people couldn’t go in the Statehouse," Patterson said in a 2004 interview with the University of South Carolina. “And then one day I came back down here as a member of the House and then in '84, I came back sitting in the Senate as a senator. Now that’s a hell of a long way to come.” Patterson spent 30 years in education and was elected to the South Carolina House in 1974 and the Senate 10 years later after U.S. Rep. Jim Clyburn urged him to run for the upper chamber seat. In a statement, Clyburn called Patterson “a trusted leader, a tireless champion for civil rights, and a treasured friend. He was a person of strength, determination, wisdom, and a long proponent of removing the Confederate flag from the South Carolina Statehouse dome .” Patterson was also the first Black person to serve on the University of South Carolina Board of Trustees since Reconstruction. Patterson was a key member of both the House and Senate, He served on the budget committees in both chambers and was a major voice in support of civil rights, public education and helping poor people. He adamantly demanded the Confederate flag be removed from atop the Statehouse dome and inside the House and Senate chambers long before they were taken down in 2000. READ: The lifelong Democrat said the final years of his political career were the toughest after Republicans took over state government. His seniority no longer mattered and he felt many newer Republicans were religious hypocrites who claimed to help others but only cared for people just like themselves. A few years before he retired from the Statehouse, Patterson said it was important to respect elders and supervisors, but not be afraid to speak up if bothered or something was on one's mind. “That’s just my hallmark ever since I was a little child. It will get you in trouble now, but you can sleep well at night. And learn to treat everybody as human beings with respect,” Patterson said in the interview with the university's Champions of Civil and Human Rights in South Carolina program. “You can sleep real good at night. Right now, I’m 73 years old and sleep like a log when I go to bed because I know I’ve done no wrong to my fellow man,” Patterson said. Copyright 2024 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.