Visit Anaheim: Fun & VarietyDominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene -- but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn. The domestic supply chain and low-price strategy that helped make China's EV car industry world-leading are being leveraged by established automakers and start-ups alike, aiming to similarly transform trucking. Electric trucks currently represent less than one percent of truck sales worldwide, according to the International Energy Agency (IEA) -- with China making up 70 percent of those sales in 2023. But the agency said it was "optimistic" policy and technology developments would see more widespread adoption in the next 10 years. "This industry, I believe, is ripe for disruption," Han Wen, the founder of start-up Windrose, told AFP on a factory floor as the company's first vehicles for delivery were assembled behind him. Fleets of electric heavy goods vehicles from China have been growing internationally, even as Western countries target the country's EV cars with heavy sanctions. Chinese companies like BYD and Beiqi Foton have shipped trucks to countries including Italy, Poland, Spain and Mexico, and have opened assembly plants around the world. "China's trucks are generally cost-competitive in emerging markets," Stephen Dyer, from consulting firm AlixPartners, told AFP. "For mature markets, performance and durability do not yet meet the needs of most customers, but that is changing." When it comes to emissions, "heavy-duty trucks are considered one of the more difficult to abate transport segments (after aviation and shipping)", IEA analyst Elizabeth Connelly told AFP. A major challenge is the trade-off between battery size and range. "The larger the battery, the longer the range. But the larger the battery, the heavier the truck... and the worse the fuel economy," Connelly said. Chinese manufacturers have been seen as producing lower quality products than foreign counterparts. "Historically, Chinese trucks tended to have a shorter useful lifecycle than European or Japanese trucks," AlixPartners' Dyer told AFP. While that perception is changing, China's flagship companies still lag rivals on factors like range and battery capacity. According to the Zero-Emission Technology Inventory, the median Chinese heavy duty truck range is 250 kilometers, compared with 322 km in the United States. BYD -- which in October beat Tesla in quarterly revenue for the first time -- says its 8TT model's range is 200 kilometers, compared with the 800 kilometers promised by Tesla's Semi truck. But Chinese manufacturers could close the gap quickly. Han's Windrose says its semi-trucks can go up to 670 kilometers on a single charge. Meanwhile, battery giant CATL has rolled out truck battery-swapping facilities -- where drained units can be immediately replaced, eliminating charging time altogether. China's existing EV ecosystem is a massive advantage. "We're very lucky to have the Chinese supply chain (for EVs)," said Han, noting Windrose was using an electric bus company's factory to build its trucks. "There's no doubt that China also will have an edge on the electrification of heavy-duty trucks." More unpredictable are the testy geopolitical waters the sector risks stalling in. This year has seen important trading partners including the European Union and the United States impose hefty tariffs on Chinese EV cars, saying Beijing's state aid to automakers undercut their own firms. China refutes this, but as its EV truck footprint grows globally, so could the risk of similar action being taken. "Governments in potential export markets want to protect their local industries," Sam Fiorani, at AutoForecast Solutions, told AFP. U.S. President-elect Donald Trump has promised huge tariff hikes on Chinese imports once he takes office. "Since EV truck volume is smaller than passenger EVs, there is a chance that EV trucks would fall a little under the radar in normal times," AlixPartners' Dyer said. But "these are not 'normal times' anymore and anything Chinese is high profile in the US government currently", he added. Some companies have already taken steps that could mitigate this risk. BYD proudly touts its trucks as being "assembled by union workers in Lancaster, California", while it has announced plans to build a factory in Mexico, and has plants in Hungary and Romania. Windrose's Han told AFP the firm has consciously spread its operations across multiple countries, moving key headquarters to Belgium earlier this year. "We do embrace the fact that every major market would like its own domestic supply chain of EV," he told AFP. But he added: "You have to start in China. We then try to move the supply chain globally... But you have to start in China. There's no alternative."
Former New Jersey Governor Chris Christie on Sunday slammed the federal response to the recently reported drone sightings over the Garden State and warned that if states are not granted more authority to handle the situation, there will be "drone vigilantes" who will start taking the drones down themselves. Drones have been spotted in recent weeks across New Jersey and neighboring states, prompting concern among residents and lawmakers and launching investigations by the FBI and other law enforcement agencies. The FBI and Department of Homeland Security (DHS), which is offering support for New Jersey, said in a joint statement on Thursday that there was "no evidence at this time that the reported drone sightings pose a national security or public safety threat or have a foreign nexus." However, that has not eased the concerns of local residents and officials who are troubled about the mysterious drone activity and have little authority to handle the situation. "If you were governor right now, what kind of authority would you want to have?" ABC News' George Stephanopoulos asked Christie on the network's Sunday show This Week . "I'd want our state police to be able to have the authority to bring those drones down and find out why they're doing what they're doing. And of course, you'd have to coordinate with the FAA [Federal Aviation Administration]...the states do not have enough authority right now to do what they need to do," the former governor said. He continued: "And what we're going to find George, is you're going to have individuals acting as drone vigilantes. And they're going to start taking them down. That's not what we want because they're now an important part of commerce and law enforcement uses them frequently for surveillance and other things. We need to be able to operate in a safe way and we're not doing that." “I’ve lived in New Jersey my whole life. This is the first time that I’ve noticed drones over my house.” Former NJ Gov. Chris Christie warns that conspiracy theories will grow if the federal government does not address reported aerial sightings. https://t.co/MkRObTfDiQ pic.twitter.com/e206NSI4Se On Friday night, President-elect Donald Trump spoke out in favor of shooting down the mysterious drones if necessary, while suggesting that the Biden administration was withholding information about the sightings. "Mystery Drone sightings all over the Country," he wrote in a post on his Truth Social platform. "Can this really be happening without our government's knowledge. I don't think so! Let the public know, and now. Otherwise, shoot them down!!! DJT." Christie told Stephanopoulos on Sunday that federal officials are not answering questions people have about the situation. "The Biden administration and state authorities have to be more vocal and let people know exactly what they're doing," Christie said, later adding, "It's a lack of communication from the government at the federal and state level that's at fault here." Newsweek has reached out to the FBI and DHS via email for comment Sunday afternoon. Christie did acknowledge that Homeland Security Secretary Alejandro Mayorkas ' Sunday morning interview with Stephanopoulos prior to the former governor's appearance was "a bit of a better step but I think much too little too late." Mayorkas assured Americans that federal officials were on top of the issue and somewhat validated people's assertions that what they were seeing were drones. "I want to assure the American public that we in the federal government have deployed additional resources, personnel, technology to assist the New Jersey State Police in addressing the drone sightings," the secretary said Sunday morning. Mayorkas said that "some of those drone sightings are, in fact, drones. Some are manned aircraft that are commonly mistaken for drones," adding, "But there's no question that drones are being sighted." The secretary also urged Congress to expand local and state authority to "address the drone situation." The secretary's comments come after he told CNN "s Wolf Blitzer on The Situation Room Friday evening that federal officials "have not seen anything unusual" and that they "know of no nefarious activity." "It is very common for individuals who think they see drones, to actually see small aircraft and we have a case of mistaken identity. Also, we have six different people reporting what they think is a drone and all of a sudden we have reports of six drone sightings. So, there's some duplication," Mayorkas told Blitzer. Christie told Stephanopoulos on Sunday, "I agree that they need more authority. But to say this is not unusual activity is just wrong. I lived in New Jersey my whole life, this is the first time that I've noticed drones over my house." The former governor said he and his wife saw a drone fly over his home two days ago. "I've never seen anything like that before and I've been living at that house for 30 years," Christie added.
CM Revanth Reddy Orders Action Against Millers for IrregularitiesThe first guest invited to ring the bell to open trading at the New York Stock Exchange in 1956 wasn’t a company executive, a politician or a well-known celebrity. It was a 10-year-old boy, Leonard Ross, who received the honor by winning a television quiz show. Since then, business titans, political giants and global film stars have all been among those ringing the opening bell at the NYSE. Ronald Reagan rang the bell as president in 1985. Billionaire businessman and former New York City Mayor Michael Bloomberg and Hollywood star Robert Downey Jr. have also rung the bell. The list even includes famous Muppets: Miss Piggy was once a bell ringer. President-elect Donald Trump joined that list Thursday when he opened trading at the famous stock exchange on Wall Street. He was accompanied by his wife, Melania, who interestingly enough received the honor before her husband. As first lady, she rang the bell in 2019 as part of her “Be Best” program. Bell-ringers are more commonly founders and executives from a wide range of companies. Over the last few months, the guests have included executives from Alaska Air Group, Bath & Body Works, and Ally Financial. Stock trading around the location of the NYSE's current home has deep roots that trace back to the Dutch founding of New Amsterdam and when Wall Street had an actual wall. The NYSE traces its direct roots to the “Buttonwood Agreement” signed in 1792, which set rules for stock trading and commissions. The NYSE moved into its first permanent home in 1865. The first bell in use was actually a gong. The exchange moved into its current iconic building in 1903 and started using an electronically operated brass bell. That has evolved into synchronized bells in each of the NYSE’s four trading areas.
FRISCO, Texas — The FCS national championship game will be leaving Frisco and going back to Tennessee after the 2024 season amid Toyota Stadium's multi-year renovation project . This season's FCS championship game will be played on Jan. 6 at Toyota Stadium in Frisco, Texas, which will host the game for a record 15th season in a row . The FCS playoffs are currently in the quarterfinal round, with the following teams still competing: Montana State, North Dakota State, South Dakota State, South Dakota, UC Davis, Incarnate Ward, Mercer and Idaho. Frisco was set to host the game for at least two more seasons, with an option for a third year. But NCAA officials told the Associated Press Thursday that they had to look at other sites because of the multiyear, $182 million renovation project planned at the 20,500-seat professional soccer stadium, which is slated to begin in 2025. “The upcoming renovations at Toyota Stadium are a necessary step to ensure the long-term viability of the facility,” said FC Dallas Chief Operating Officer & Chief Financial Officer Jimmy Smith. “We’re confident the improvements will make the stadium an even better venue for future events. We’re excited to work with the NCAA for the opportunity to bring the championship back to Frisco in 2028 and beyond.” Vanderbilt's campus stadium is in the process of its own multiyear renovation that will be completed by next year. The Commodores played for two seasons during the construction. When South Dakota State beat Montana 23-3 to win its second consecutive FCS title in January, Frisco became the longest-serving host of the game with 14. Chattanooga had hosted the 13 games before that from 1997 to 2009, according to the Associated Press. “We made every effort to keep the event in Frisco by exploring alternative locations within the city. Looking ahead, we aim to secure a long-term extension to host the FCS Championship at Toyota Stadium once renovations are complete,” said Frisco Mayor Jeff Cheney. “We have shown the NCAA we will continue to invest in our infrastructure to optimize the game experience for the FCS Championship. This event was heavily considered in the stadium renovations, underscoring our commitment to offer the best game experience and facility.” The NCAA said the location of the game beyond the 2026 season will be determined in a future bid cycle. “The city of Frisco and Toyota Stadium are incredible partners and have helped grow our championship to an exceptional level the past 15 years,” said Ty Halpin, NCAA director of championships. “Frisco holds a special place in the history of the championship and in the hearts of our institutions and fans. The committee looks forward to seeing the renovations to the stadium in Frisco.” Nashville will be the 11th city to host the FCS championship game, which started in 1978 in Wichita Falls, Texas. The 2025 FCS Championship game will be played Monday, Jan. 6 at 6 p.m. CST on ESPN. More Texas headlines: Related Articles 'Forever begins now' | Selena Gomez announces engagement on social media Texas high school football playoffs: Multiple DFW teams remain at UIL State semifinal stage Forbes releases most valuable sports franchises ranking. We'll let you guess No. 1.Israeli air strikes on Yemen airport ‘were metres from WHO chief’CHARLOTTE, N.C. (AP) — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. “Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them,” Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's “take-it-or-leave-it” final offer on a new revenue sharing agreement. All other 13 teams signed the deal. People are also reading... Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as “open” teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was “primarily related to our ongoing lawsuit with NASCAR,” Freeze said. “NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit,” Freeze said. “NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved.” A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing “new circumstances” in a renewed motion for an injunction and of a “coordinated effort behind the scenes.” “This is completely false,” Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. “23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing,” Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. “It is not hypocritical to operate within the only system available while striving for excellence and contending for championships,” he continued. “It is a necessity because NASCAR’s monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level.” AP auto racing: https://apnews.com/hub/auto-racing Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Be the first to know Get local news delivered to your inbox!ARLINGTON, Va. , Nov. 26, 2024 /PRNewswire/ -- Yesterday, the family of Ethel Kennedy gathered at Arlington National Cemetery to honor and celebrate the extraordinary life of their matriarch. Surrounded by loved ones, Mrs. Kennedy was laid to rest alongside her husband, Senator Robert F. Kennedy , in a solemn ceremony that reflected her profound legacy of faith, compassion, and dedication to public service. Mrs. Kennedy, who passed away at the age of 96, was a beloved figure who left an indelible mark on her family and the world. As the mother of 11 children, grandmother to dozens, and a fierce advocate for social justice, she inspired generations with her tireless work for human rights and her unwavering belief in the power of community. She founded Robert F. Kennedy Human Rights in 1968. A moving video released by the Kennedy family today captures intimate moments from the gathering, showing family members united in remembrance and gratitude. In the video, members of the family share reflections on Mrs. Kennedy's lifelong commitment to carrying forward the ideals of equality and compassion. "We are deeply grateful for the outpouring of love and support during this time," the Kennedy family said in a statement yesterday. "Today, we come together to honor her extraordinary life and the enduring legacy she leaves behind. Her example will continue to guide and inspire us." As Mrs. Kennedy is laid to rest, the Kennedy family invites those who knew and admired her to reflect on her remarkable life and to honor her memory through acts of kindness and service. About Ethel Kennedy Ethel Skakel Kennedy (1928–2024) was a trailblazing advocate for social justice and the wife of Senator Robert F. Kennedy . Known for her enduring commitment to human rights and her devotion to family, she played a pivotal role in advancing causes related to civil rights, poverty, and education. SOURCE Robert F. Kennedy Human Rights
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Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ:CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is rising online threats fueled by the use of artificial intelligence (AI). Its third-quarter revenue rose about 29% to $1.01 billion, beating estimates of $982 million. It reported an a profit per share of 93 cents, above expectations of 81 cents. “CrowdStrike surpassed $4 billion in ending ARR in the quarter - the fastest and only pure play cybersecurity software company to reach this reported milestone - as our single platform approach and trailblazing innovation continue to resonate at-scale,” said CEO George Kurtz. With enterprises increasing cybersecurity investments to combat rising online threats and AI-driven cyberattacks, CrowdStrike has leveraged its unified security platform to meet growing demand. Related Articles CrowdStrike beats Q3 estimates on cybersecurity demand Mexico stocks lower at close of trade; S&P/BMV IPC down 0.98% Colombia stocks lower at close of trade; COLCAP down 0.52%CM Revanth Reddy Orders Action Against Millers for IrregularitiesANDOVER, Mass. , Nov. 26, 2024 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, today announced that it will host an Investor & Analyst Day in New York City on Tuesday, December 10, 2024 , at 10:00 AM ET . Waleed Hassanein , MD., President and Chief Executive Officer, and members of the leadership team will present an overview of TransMedics' growth strategy, clinical pipeline, and operations. A live and archived webcast of presentations and Q&A sessions will be available on the "Investors" section of the TransMedics website at https://investors.transmedics.com . Please note management will only take questions from the live audience during the question-and-answer session following the formal presentations. In-person attendance at the event requires advanced registration. Please email Laine Morgan at laine@gilmartinir.com by December 4, 2024 , for further information. About TransMedics Group, Inc. TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts , the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure. Investor Contact: Brian Johnston Laine Morgan 332-895-3222 Investors@transmedics.com View original content to download multimedia: https://www.prnewswire.com/news-releases/transmedics-to-host-investor--analyst-day-on-december-10-2024-302316931.html SOURCE TransMedics Group, Inc.
Numerology Horoscope 2025 for Root Number 6By DARLENE SUPERVILLE WASHINGTON (AP) — President Joe Biden said Wednesday that he is “so proud” that a women’s health research initiative he launched last year at his wife’s urging has already invested nearly $1 billion because a healthy female population improves U.S. prosperity. “That’s a fact,” he said in closing remarks at the first White House Conference on Women’s Health Research. “We haven’t gotten that through to the other team yet,” Biden said, referencing President-elect Donald Trump and his incoming administration. Trump’s three conservative nominees to the Supreme Court from his first term as president voted to overturn a woman’s constitutional right to an abortion . Democrats campaigned on reproductive rights and women’s health issues in this year’s elections. Karoline Leavitt, a spokesperson for Trump’s transition team, said the president-elect will keep his promise to improve health in the U.S. “President Trump campaigned on making America healthy again for ALL Americans including men, women, and children, and he will deliver on that promise,” Leavitt said in an email. Women make up half of the U.S. population, about 168 million people, but medical research into their unique health circumstances has largely been underfunded and understudied, officials have said. Jill Biden has said she brought the idea for the White House Initiative on Women’s Health Research to the president after Maria Shriver, herself a women’s health advocate and member of the influential Kennedy political family, brought it to her. The first lady told the researchers, advocates, and business and philanthropic leaders attending the conference that she will keep pressing the issue after she leaves her role. “My work doesn’t stop in January when Joe and I leave this house,” she said. “I will keep building alliances, like the ones that brought us here today, and I will keep pushing for funding for innovative research.” The first lady said the U.S. economy loses about $1.8 billion in working time every year because of how menopause affects women. And she is interested in learning more about extreme morning sickness during pregnancy. “I heard this a couple weeks ago and I was particularly interested because my own granddaughter was going through the same thing, ’cause we’re going to be great-grandparents,” Jill Biden said. Related Articles Health | Homebound seniors living alone often slip through health system’s cracks Health | Weight loss drugs like Ozempic, Wegovy are all the rage. Are they safe for kids? Health | US life expectancy gap widens to 20 years among groups, researchers found Health | Rural governments often fail to communicate with residents who aren’t proficient in English Health | Who gets obesity drugs covered by insurance? In North Carolina, it helps if you’re on Medicaid Granddaughter Naomi Biden Neal and her husband, Peter Neal, are expecting their first child. Since its launch, the women’s health research initiative has attracted nearly $1 billion in federal funding, including from the Defense Department and National Institutes of Health. “In one year, everybody in this room kicked butt,” Shriver said at the conference. “Not until the Bidens did anyone ever think to make women’s health and research a priority for the federal government, so let that sink in.” President Biden closed the conference with a nod to the influence of his wife, who, after her remarks, sat in the front row beside their daughter Ashley Biden, who runs a women’s shelter in Philadelphia. ‘You stepped up kid,” Biden told the first lady. Then he told the audience, “In case you wonder, when she speaks, I listen.”
AGNC Investment Corp. Declares Fourth Quarter Dividends on Preferred StockThe Kennedy Family Honors Ethel Kennedy at Arlington National CemeteryThe AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . BALTIMORE (AP) — Will Thomas had 27 points in Morgan State’s 86-76 win over Campbell on Sunday. Thomas added seven rebounds for the Bears (6-8). Kameron Hobbs scored 21 points while going 8 of 12 from the floor, including 2 for 5 from 3-point range, and 3 for 4 from the line and added five assists. Marland Harris had nine points and shot 4 of 5 from the field. Nolan Dorsey led the way for the Fighting Camels (5-6) with 21 points and six rebounds. Jasin Sinani added 16 points, six rebounds and four assists for Campbell. Israel Yaw also had 10 points. Thomas scored nine points in the first half and Morgan State went into halftime trailing 33-31. Thomas’ 18-point second half helped Morgan State finish off the 10-point victory. Up next for Morgan State is a matchup Sunday with Iowa State on the road. Campbell hosts Longwood on Wednesday. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
DOE to slash offshore wind performance bond to 5%None
European markets set to open higher after Christmas closure