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HOUSTON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“ Epsilon ” or the “ Company ”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on December 16, 2024, payable on December 31, 2024. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise. About Epsilon Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in Pennsylvania, Texas, Alberta, New Mexico, and Oklahoma. Contact Information: 281-670-0002 Jason Stabell Chief Executive Officer Jason.Stabell@EpsilonEnergyLTD.com Andrew Williamson Chief Financial Officer Andrew.Williamson@EpsilonEnergyLTD.comMaharashtra Election Results 2024: Congress President Mallikarjun Kharge Launches 'EVM Chhodo Abhiyan,' Calls For Paper Ballot Return; VIDEO
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Minister for Communications and Information Technology, Prithvi Subba Gurung, has said that the government would not let anyone off named in the report of the Parliamentary Investigation Committee on Cooperative Fraud. Addressing the Tamu Journalism Award Distribution and Launching of the Gurung News.com Year Book Programme organized by Tamu (Gurung) Mediapersons' Association Nepal here today, Minister Gurung, who is also the government spokesman, expressed the government's determination to bring to justice anyone implicated in the cooperative fund misappropriation as per the report prepared by the Parliamentary Investigation Committee under lawmaker Surya Thapa's leadership. He said that no one was above the law and made it clear anybody whether they are the leaders or cadres of the Nepali Congress, the UML, Maoist or any other party would be brought to justice. Stating that all those named by lawmaker Thapa's report cannot be brought to justice simultaneously together now, Minister Gurung said, "We will not let off any one and take action against them turn by turn. Let those involved in cooperative fraud never think that they can escape the law. All will be arrested as per the law." He termed as unconstitutional the protest demonstration aimed at freeing Rabi Lamichhane, the President of Rastriya Swotantra Party (RSP), who is in police custody in connection with investigation process on the charge of cooperative fraud. The government spokesman also expressed his objection over such acts which according to him are carried out with the objective of influencing the case which is being considered by the court, calling attention of the sides concerned not to carry out activities that are against the democratic conduct and process. "It is the RSP's responsibility to cooperate in the investigation process against its leader. It is not at all appropriate to seek to influence the investigation process by organizing sit-in and protest demos, until the Respected Court gives its verdict. I urge RSP to stand on the side of the rule of law and the due process, rather than the undemocratic acts," Minister Gurung reiterated.S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise
'Who profits on hunger?': Inuit send pleading emails to minister about food costsDallas (5-8) at Carolina (3-10) Sunday, 1 p.m. EST, FOX. BetMGM Odds: Panthers by 3. Against the spread: Cowboys 4-9, Panthers 6-7. Series record: Cowboys lead 11-3. Last meeting: Cowboys beat Panthers 33-10 on Nov. 19, 2023 in Carolina. Last week: Cowboys lost to Bengals 27-20; Panthers lost to Eagles 22-16. Cowboys offense: overall (20), rush (28), pass (11), scoring (21) Cowboys defense: overall (25), rush (30), pass (22), scoring (31) Panthers offense: overall (30), rush (22), pass (27), scoring (28) Panthers defense: overall (31), rush (32), pass (12), scoring (32) Turnover differential: Cowboys minus-8; Panthers minus-5. Panthers edge rusher Micah Parsons vs. Panthers offensive line. Parsons seems to be getting better as the season progresses and will be a tough matchup for Carolina's offensive line regardless of where he lines up. Parsons has 3 1/2 sacks over his past three games. WR Adam Thielen. The veteran wide receiver was Bryce Young's favorite option last season and is finally developing into that again this season after battling back from a hamstring injury that left him on injured reserve. Thielen has 17 catches on 21 targets for 201 yards and a touchdown over the past two games. When the Panthers need a first down on fourth down, the pass is almost always going to Thielen. Cowboys RB Rico Dowdle vs. NFL's worst run defense. Dowdle has had the first two 100-yard outings of his career the past two weeks, resetting his career best both times. The undrafted fifth-year player on an expiring contract had 131 yards in the loss to the Bengals. Since taking over as the lead back at the start of November, Dowdle is averaging 16 carries and 81 yards with a touchdown rushing and another receiving. On Sunday, he will face the league’s 32nd-ranked run defense. Carolina allowed Philadelphia’s Saquon Barkley to run for 124 yards last week and Tampa Bay’s Bucky Irving to run for a career-high 152 yards the week before that. The Panthers are allowing more than 170 yards per game on the ground and 4.97 yards per carry. Cowboys LB DeMarvion Overshown was set for season-ending surgery on the right knee he injured in the fourth quarter of the loss to the Bengals. The second-year player from Texas missed all of his rookie season after tearing a ligament in his left knee in a preseason game. ... DE DeMarcus Lawrence, who hasn’t played since Week 4, is close to returning from a foot injury. With the playoff hopes all but gone, the question remains whether to press the 32-year-old into action. Lawrence is on an expiring contract. ... Rookie C Cooper Beebe sustained a concussion against Cincinnati.. ... The Panthers are hoping to get WR Jalen Coker back on the field this week after he has missed the past three games with a quad injury. ... Also, No. 1 CB Jaycee Horn has been playing with a groin injury, and that could be problematic against CeeDee Lamb. The Cowboys are 7-2 against the Panthers since losing a wild-card game at Carolina 29-10 during the 2003 season, the first of Pro Football Hall of Fame coach Bill Parcells’ four years leading Dallas. The Cowboys are 4-2 on the road this season, including victories over playoff contenders Pittsburgh and Washington. ... QB Cooper Rush is 2-3 filling in for Dak Prescott, who is out for the season after surgery for a torn hamstring. Assuming Rush starts, this will be his longest stint as Prescott’s replacement. He went 4-1 in 2022 after Prescott broke the thumb on his throwing hand in the opener. ... Dowdle’s 7.3-yard average per carry on 18 attempts against the Bengals was the highest for a Dallas back since Ezekiel Elliott averaged 7.9 per carry at Philadelphia in 2018. ... WR CeeDee Lamb has just one 100-yard receiving game this season after finishing with eight in his breakout 2023 All-Pro season. But Lamb has five other games with at least 89 yards. He has reached 1,000 scrimmage yards in each of his first five seasons, the fifth receiver to do that. ... S Malik Hooker’s interception of Joe Burrow was his second of the season. He has seven interceptions in his four Dallas seasons. He also had seven in four years with Indianapolis, where he spent four injury-filled years as a 2017 first-round draft pick. ... The Panthers have endured six straight seasons with at least 10 losses. ... Carolina’s past five games have come down to the last possession. ... Panthers 1,000-yard RB Chuba Hubbard needs one rushing touchdown to pass Stephen Davis for fifth in team history. He is also 9 rushing yards away from reaching 3,000 for his career. ... Rookie WR Xavier Legette had three drops last week vs. the Eagles, including one for a potential go-ahead score in the final minute. ... OLB Jadeveon Clowney is tied for 11th in sacks among active NFL players. ... The Panthers have 15 sacks in the past four games. Carolina’s improved pass rush has coincided with OLB D.J. Wonnum getting on the field after missing the first nine games of the season on injured reserve. Chuba Hubbard is expected to see the overwhelming majority of carries for the Panthers, who are now thin at the position. Miles Sanders and Jonathon Brooks are on injured reserve and Raheem Blackshear is working through a chest injury. That leaves Mike Boone as the Hubbard's backup. NFL: https://apnews.com/hub/nflS&P/TSX composite, U.S. markets trade lower Friday morning after holiday break TORONTO — Losses in the tech sector led Canada's main stock index lower in late-morning trading on Friday, while U.S. stock markets also fell. The S&P/TSX composite index was down 93.03 points at 24,753.79. Canadian Press Dec 27, 2024 8:27 AM Dec 27, 2024 8:35 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The financial district is reflected on a window as people walk in Toronto on Wednesday, June 27, 2018. THE CANADIAN PRESS/ Tijana Martin TORONTO — Losses in the tech sector led Canada's main stock index lower in late-morning trading on Friday, while U.S. stock markets also fell. The S&P/TSX composite index was down 93.03 points at 24,753.79. In New York, the Dow Jones industrial average was down 437.35 points at 42,888.45. The S&P 500 index was down 86.37 points at 5,951.22, while the Nasdaq composite was down 402.43 points at 19,617.93. The Canadian dollar traded for 69.39 cents US compared with 69.51 cents US on Tuesday. The February crude oil contract was up 66 cents at US$70.28 per barrel and the February natural gas contract was up five cents at US$3.37 per mmBTU. The February gold contract was down US$19.70 at US$2.634.20 an ounce and the March copper contract was down less than a penny at US$4.12 a pound. This report by The Canadian Press was first published Dec. 27, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business Scotiabank closes US$2.8B acquisition of KeyCorp stake Dec 27, 2024 8:32 AM Tugboats, crews try to refloat ship stuck in St. Lawrence River near Montreal Dec 27, 2024 8:18 AM Unwanted gift card in your stocking? Don't let it go to waste Dec 27, 2024 7:41 AM Featured Flyer
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Ladki Bahin Turned Out To Be Gamechanger: ShindeNEW YORK , Dec. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT ) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the fourth quarter of 2024. The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations. These dividends are payable on January 15, 2025 , to common stockholders of record as of the close of business on December 31, 2024 . The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on January 15, 2025 to preferred stockholders of record as of the close of business January 2, 2025 . About LFT LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management, LLC, a Delaware limited liability company. Additional Information and Where to Find It Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations. Forward Looking Statements Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should consider carefully the factors described in Part I, Item IA "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 , which is available on the SEC's website at www.sec.gov , and in other current or periodic filings with the SEC, when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View original content to download multimedia: https://www.prnewswire.com/news-releases/lument-finance-trust-inc-declares-quarterly-cash-dividends-for-its-common-and-preferred-stock-and-announces-special-cash-dividend-distribution-302330846.html SOURCE Lument Finance Trust
People in Nunavut and northern Labrador have been writing to Canadian government officials this year to say grocers were charging exorbitant prices despite receiving a federal subsidy. The emails about the Nutrition North subsidy program ranged from desperate pleas to do something to lower food costs, to angry demands that retailers receiving subsidies be investigated. In April, Minister of Northern Affairs Dan Vandal acknowledged there was a problem. "I agree more work is needed to optimize the subsidy for Northerners to ensure 100 per cent of the subsidy is passed on directly to consumers," Vandal said in a note to Nunavut Family Services Minister Margaret Nakashuk obtained through an access to information request. Some of the 17 emails from members of the public accused retailers of hiking food prices in northern communities after funding arrived earlier this year through a program known as Jordan's Principle, which offers federal support to improve access for children to services and necessities including education and food. "Our food prices have increased since Jordan's Principle food for kids," said one message from October. "It's quite dismaying. Who profits on hunger?" The emails and notes were released in response to a request by The Canadian Press for correspondence with the Department of Northern Affairs about the Nutrition North Canada program, from the beginning of the year through Oct. 1. The federally run program offers subsidies to grocery companies operating in remote Indigenous communities aimed at offsetting the cost of transporting healthy foods, and making them more affordable. In one instance, a London, Ont., Girl Guide troop wrote asking the government to make Nutrition North more transparent. "We're worried that the money that is given does not help the cost of food in grocery stores go down enough," the letter said. The majority of the feedback was from people writing about prices in Nunavut and in Nain, which is the northernmost community in Labrador, in the Inuit region of Nunatsiavut. The main stores mentioned are those run by Arctic Co-operatives Ltd., which primarily serves Nunavut, and the North West Company, which operates 118 Northern stores in remote communities across Northern Canada. Names and identifying information about senders were redacted. "Put the subsidy up. The airlines are making millions and the North West Company, but the people are starving, please, please review these rates," a Nunavut resident wrote in February. "The stores in fact throw out foods that have rotted to the dump because they are priced too high and many people cannot afford them," said a July email about prices at Arctic Co-op and Northern stores. "Something else needs to be done to make the Nutrition North subsidy work like it was intended to, not make the people suffer and make the stores benefit." Another calls for an investigation into prices at the grocery stores in Nunavut. "One can of corn beef hash was $11 and now $14.09 after Jordan's (Principle) was introduced two months ago," the July email said. "Even a jar of sweet mixed pickles was over $32." As first reported by the Nunatsiaq News last week, Nunavut Tunngavik Inc., the land-claims body representing Nunavut Inuit, confirmed it is planning to investigate whether retailers hiked food prices after communities began receiving Jordan's Principle funding earlier this year. "NTI has heard concerns ... at our regular board meetings as well as the Nunavut roundtable on poverty reduction this past October," spokesperson Ivaluarjuk Merritt told The Canadian Press in an email Monday. Arctic Co-operatives Ltd. is owned by the 32 independent community co-op stores across the North, noted Duane Wilson, the company's vice-president of stakeholder relations. Since the company's shareholders are its customers, there is "absolutely zero incentive" to unfairly hike prices, he said in an interview Tuesday. Darryl Martin, a spokesperson for the North West Company said the company is working with communities in the North to deliver, via gift cards, the funding provided by Ottawa through Jordan's Principle -- also known as the Inuit Child First Initiative. He said the company shares the goal "of bringing more affordable food prices" to people in the North. In northern Labrador, one resident's February email urges Nutrition North advisory board members to "check in on Rigolet," a town where the North West Company operates the only grocery store. Several people from Nain sent emails to the department over the summer, when prices typically go down because retailers can ship food by ferry rather than pay for expensive air freight. "Why are grocery prices still outrageously high at Northern in Nain when we are in the middle of shipping season?" said one. A 10-pound bag of potatoes at Northern was selling for more than $31, the author said. A box of fish sticks was $21. The federal government announced last month it would launch an external, independent review of the Nutrition North subsidy program, with a final report expected in 2026. Lori Idlout, the New Democrat MP for Nunavut, said something needs to be done in the meantime to bring down "unbearable" food prices. "I think the Liberals don't care to help alleviate poverty among Indigenous communities and northern communities," Idlout said in a recent interview. "There needs to be a way to ensure that the Nutrition North program is holding accountable corporations like the (North West Company.)" The North West Company reported $219.8 million in gross profits for the second quarter of this year, a 7.8 per cent increase from the $204.4 million reported for the same time last year. A Toronto Metropolitan University published a study last year showing retailers passed on to consumers just 67 cents of every dollar received from the Nutrition North subsidy program. This report by The Canadian Press was first published Nov. 26, 2024. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Amicable end proposed for former Grace Hospital site The Corporation of the City of Windsor and Fairmount Properties LLC issued a joint statement about the former Grace Hospital site near downtown Windsor. Vancouver Island B.C. premier says Canada will negotiate from 'position of strength' on US tariff British Columbia Premier David Eby said Canada had to approach Donald Trump's plan to impose a 25 per cent U.S. tariff on Canadian goods from a position of strength, as business, trade and community organizations called for quick action on the trade threat. B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. B.C. RCMP officer won't stand trial for on-duty shooting A B.C. RCMP officer who was charged in an on-duty shooting nearly four years ago will not stand trial, prosecutors announced Tuesday. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. Lethbridge 'Let's do this': Crowsnest Pass mayor wants proposed coal mine sooner than later A mayor in southwestern Alberta is hoping for an immediate meeting with Premier Danielle Smith to discuss a coal project his community has voted in favour of being built. Nenshi says not sending voter cards due to postal strike could affect byelection Alberta Opposition Leader Naheed Nenshi says a decision not to mail out voter registration cards due to the Canada Post strike could hurt turnout in a provincial byelection that's been called for a week before Christmas. Lethbridge business community concerned as Canada Post strike drags on Lethbridge businesses are starting to feel the pressure after 11 days of the Canada Post workers’ strike. The strike comes right as the Christmas shopping season is kicking into high gear. Sault Ste. Marie Sault police issue alert about surge in grandparent scams The Sault Ste. Marie Police Service warned residents Tuesday about a surge in grandparent scams targeting local senior citizens. Sault road reopens after building safely demolished A building on Queen Street East in Sault Ste. Marie is in danger of collapsing because of heavy snow. Hwy. 17 closed following fatal collision near Bruce Mines One person has been killed in a four-vehicle collision on Highway 17 east of Bruce Mines. N.L. 'Who profits on hunger?': Inuit send pleading emails to minister about food costs People in Nunavut and northern Labrador have been writing to Canadian government officials this year to say grocers were charging exorbitant prices despite receiving a federal subsidy. As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen. Canadian leads group pushing Vatican for zero-tolerance policy on abuse by clergy An international group led by a Canadian is in Rome this week to push the Catholic Church to adopt a zero-tolerance policy on abuse by clergy. Local Spotlight Trailer Park Boys host Canadian premiere of new movie in Dartmouth Sunday night was a big night for the Trailer Park Boys, as Ricky, Julian and Bubbles hosted an advanced screening of their new movie in Dartmouth, N.S. Deer spotted wearing high-visibility safety jacket in Northern B.C. Andrea Arnold is used to having to slow down to let deer cross the road in her Northern B.C. community. But this weekend she saw something that made her pull over and snap a photo. From cellphones to dentures: Inside Halifax Transit’s lost and found Every single item misplaced on a bus or ferry in the Halifax Regional Municipality ends up in a small office at the Halifax Transit Bridge Terminal in Dartmouth, N.S. Torontonians identify priorities, concerns in new city survey A new public opinion survey has found that 40 per cent of Torontonians don’t feel safe, while half reported that the quality of life in the city has worsened over the last year. Longtime member of Edmonton theatre community dies during 'A Christmas Carol' performance Edmonton's theatre community is in mourning after an actor died during a performance of "A Christmas Carol" at the Citadel Theatre on Sunday. Beaver shot with arrow near Orillia on the road to recovery A beaver found with an arrow shot through its torso is now recovering at Shades of Hope Wildlife Refuge in Pefferlaw, Ont. after a massive rescue effort. 'I had no idea that they even existed': Family reunites with 80-year-old letters hidden in Winnipeg home The family of a soldier who fought during the Second World War has been reunited with letters written to him 80 years ago. The Thriftmas Special: The benefits of second-hand holiday shopping The holidays may be a time for family, joy and togetherness, but they can also be hard on the wallet. Video shows octopus 'hanging on for dear life' during bomb cyclone off B.C. coast Humans weren’t the only ones who struggled through the bomb cyclone that formed off the B.C. coast this week, bringing intense winds and choppy seas. Politics DEVELOPING | Trudeau confirms premiers meeting, Poilievre calls Trump tariff threat 'unjustified' Prime Minister Justin Trudeau will be convening a meeting of all of Canada's premiers 'this week' to discuss U.S. president-elect Donald Trump's intent to impose a 25 per cent tariff on all products from Canada and Mexico on his first day in office, if border issues aren't addressed. Canadian government suspends contracts with Boissonnault's former company The medical supply company co-founded by Liberal MP and former minister Randy Boissonnault has been suspended from bidding on or entering into contracts with the Government of Canada. Freeland says the two-month GST holiday is meant to tackle the 'vibecession' The federal government is hoping a temporary break on GST will address a 'vibecession' that has gripped Canadians, Finance Minister Chrystia Freeland said Monday. Health Doctors say it's fine to pee in the shower Here's a secret that’s not really a secret, many people pee in the shower. Maybe you're one of those people who don't care since it's all going down the same drain, or perhaps you're one of those who find it unhygienic. B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. Quebec has highest rate in Canada of people under 25 diagnosed with ADHD According to the province’s Public Health Ministry, Quebec has the highest rate in the country of people under the age of 25 diagnosed with ADHD. Sci-Tech They thought they'd found Amelia Earhart's plane. Instead, the search continues The disappearance of pioneering aviator Amelia Earhart more than 87 years ago has remained one of the most captivating mysteries in history, with a handful of explorers devoted to scouring the seas for any clue to her final whereabouts. Majority of social media influencers don't verify information before sharing it, study finds A majority of social media influencers don't verify information before sharing it with their audiences, a study published Tuesday by the UN's scientific and cultural arm found, underscoring concerns that some of the biggest online figures can uncritically spread misleading claims. Ancient Egyptians drank a heady mix of alcohol, bodily fluids and hallucinogens during rituals, scientists say Researchers have discovered the residues of psychedelic drugs, bodily fluids and alcohol inside a 2,000-year-old mug, suggesting that ancient Egyptians imbibed hallucinogenic beverages during rituals. Entertainment 'No view' tickets for Taylor Swift's Vancouver shows reselling for thousands It appears that Swifties hoping to experience the final dates of the sold-out Eras Tour in December were given another chance Monday. It's almost time for Spotify Wrapped. When can you expect your 2024 recap? It's almost that time of year: Spotify is gearing up to release its annual Wrapped, personalized recaps of users' listening habits and year in audio. Economic impact of Taylor Swift's Eras Tour in Vancouver estimated at $157M Taylor Swift will bring an estimated $157-million economic impact to the city next week with the three final concert dates of the record-breaking Eras Tour, Destination Vancouver said. Business Bank of Canada says Trump's proposed tariffs would impact both economies The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts. Loonie tanks after Trump threatens tariffs on Canadian goods The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25 per cent import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Lifestyle World's oldest man dies aged 112 in England John Tinniswood, an Englishman born the same year the Titanic sank and who survived two world wars and two global pandemics, has died aged 112, Guinness World Records said on Tuesday, months after it recognized him as the world's oldest man. China's hottest new tourist attraction is 5,000 feet in the air The newest of these not-for-the-faint-of-heart structures is called Tianti (“Sky Ladder” in Chinese). It clocks in at 168 metres and stretches between two cliffs at a height of 5,000 feet, according to Chinese state media. Dictionary.com has named its word of the year, and it isn't 'brat' In an announcement Monday, Dictionary.com said one word experienced a 'meteoric rise in usage' in 2024. Sports NBA legend Charles Barkley criticizes LA Lakers over handling of Bronny James NBA legend Charles Barkley has criticized the Los Angeles Lakers over their handling of Bronny James this season. 'Embarrassing:' NHL team ditches bus and walks to Scotiabank Arena amid gridlock The Utah Hockey Club got the full Toronto experience Sunday night ahead of their first-ever matchup against the Maple Leafs—bumper-to-bumper traffic that forced the team to walk to the game. Vancouver Whitecaps drop head coach Vanni Sartini Two weeks after the Vancouver Whitecaps’ playoff run ended in the first round, the team has fired head coach Vanni Sartini. Autos Ontario woman buys van with odometer rolled back almost 100,000 kilometres An Ontario woman thought she got a good deal when she bought a van for $2,700, but later learned the odometer had been rolled back nearly 100,000 kilometres. Nearly 46,000 electric vehicles recalled in Canada over power loss risk Nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled in Canada over a potential power loss issue that can increase the risk of a crash. Northvolt says Quebec battery plant will proceed despite bankruptcy filing Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in the parent company could be lost. Stay Connected
Ludhiana, 25 Dec, 2024 (Yes Punjab News) Dr. Poonam Aggarwal Sachdev, Principal Food Technologist and former Head of the Department of Food Science and Technology at Punjab Agricultural University (PAU), has been honoured with the “Prof Jiwan Singh Sidhu Award” for Best Professor for 2023 by the Association of Food Scientists & Technologists (India). With over 33 years of service at PAU, Dr. Sachdev is celebrated for her exceptional contributions to teaching, research, and mentoring in food science. During her tenure, she laid a strong foundation by securing multiple externally funded research projects, establishing key business incubators, and achieving remarkable milestones, including three registered patents and over 300 research and extension publications. Dr. Satbir Singh Gosal (Vice-Chancellor), Dr. Ajmer Singh Dhatt (Director of Research), Dr. M.I.S. Gill (Dean, Postgraduate Studies), Dr. C.S. Aulakh (Dean, College of Agriculture), and Dr. Savita Sharma (Head of the Department of Food Science and Technology) and Dr TS Riar, Additional Director Communication Centre congratulated Dr. Poonam Aggarwal Sachdev on receiving this prestigious award.NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. LFT ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the fourth quarter of 2024. The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations. These dividends are payable on January 15, 2025 , to common stockholders of record as of the close of business on December 31, 2024 . The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on January 15, 2025 to preferred stockholders of record as of the close of business January 2, 2025 . About LFT LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management, LLC, a Delaware limited liability company. Additional Information and Where to Find It Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations. Forward Looking Statements Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should consider carefully the factors described in Part I, Item IA "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 , which is available on the SEC's website at www.sec.gov , and in other current or periodic filings with the SEC, when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View original content to download multimedia: https://www.prnewswire.com/news-releases/lument-finance-trust-inc-declares-quarterly-cash-dividends-for-its-common-and-preferred-stock-and-announces-special-cash-dividend-distribution-302330846.html SOURCE Lument Finance Trust © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Family offices now manage a sizable slice of global capital with the principal objective of preserving wealth during the biggest intergenerational transfer in history. Their scale and pace of growth are creating an ecosystem, while the institution is adapting to emerging social, ecological and philanthropic needs. Governments are proactive in facilitating this transformation to the advantage of public welfare. Technology is another disruptor, both in terms of how family offices manage themselves, as well as how the money they manage is directed into investments. The investment horizon of family offices complicates the job of deploying capital efficiently. Economic frontiers will have shifted by the time inheritors come into their money. ET Year-end Special Reads It's all Gucci for Indians' luxury craving even as economy shows wrinkles Investing in 2025: Will domestic funds continue to counter FPI sell-offs amid rising valuations? 2024 exposed the underbelly of India's Silicon Valley This blurs the boundary between personal wealth and venture capital-chasing entrepreneurship. The current generation of entrepreneurs is, in effect, using its wealth to seek out the next generation of entrepreneurs. Private equity fulfils this role, but operates in a more regulated environment. Family office assets are set to overtake those of hedge funds. However, they must create an alternative ecosystem that builds a defensive moat. Private wealth, by its nature, is free to operate in the shadows. But it has to emerge into the light if it needs to grow. Naturally, the financial world chases family offices assiduously, which have set out the terms of engagement. Family offices represent patient capital and can inject an element of stability into private equity. Natural selection is, therefore, driving intergenerational wealth towards alternative investments and newer geographies. More of it will occur once the wealth transitions to the next generation, which will have its own perspectives on investment strategy. Family offices would have strengthened their governance and management by the time a substantial part of the wealth is transferred. This particular mechanism for capital allocation has a lot going for it.
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Get local news delivered to your inbox!1 2 Ranchi: Hoping to wrest Jharkhand from the Hemant Soren-led JMM govt, the BJP went to the polls with a strong strategy of showcasing cases of poor tribals losing their land to Bangladeshi land grabbers, in a move that eventually backfired with the entire campaign getting lost in translation on ground. And the result was JMM in its bastion of Santhal Pargana clinched all 18, but one seat with the help of its partners BJP got reduced from four seats in 2019 to one this time while the JMM bagged 11, Congress four and RJD two. Devendra Kunwar is the only BJP man in Santhal's Jarmundi seat. The idea was to examine how much of tribal land had changed hands from tribals over the past few decades and star BJP campaigner Himanta Biswa Sarma highlighting how JMM was becoming a stumbling block. Turns out, many tribals in the region, reeling under abject poverty were signing daan patras (tribal land is legally non-transferable) to hand over their non-saleable land to local Muslims to run a business and getting paid in return. Almost the entire Santhal Pargana region is governed by Santhal Pargana Tenancy Act of 1876 under which not even an inch of tribal land is transferable. This renders the tribals poor, especially when they are unable to practice farming. Under tacit local understanding they write off their land for a small price to local Muslim families and also get some money annually when it's the time to pay land revenue. Maharashtra Jharkhand Maharashtra Alliance View i Party View Seats: 288 Results Majority: 145 BJP+ 229 MVA 47 OTH 12 Results : 288 / 288 BJP+ WON Jharkhand Alliance View i Party View Seats: 81 Results Majority: 41 INDIA 56 NDA 24 OTH 1 Results : 81 / 81 INDIA WON Source: PValue As polls neared and campaigning got hectic, the narrative somewhere got lost in translation and turned out to be "ghuspethiyas" (infiltrators) crossing the Bangladesh border through West Bengal's Murshidabad and grabbing land, livelihoods and even Adivasi women. What followed next was a poll cry of –roti, beti and maati (vote to save employment options, daughters and land being grabbed by infiltrators) The ruling JMM-Congress combine countered saying BJP was spoiling communal harmony, creating a divide between locals and creating unnecessary fear when the reality was something else. "Himanta Biswa Sarma is quite an artist. There is always communal talk. We don't share a border with Bangladesh and the border in West Bengal is guarded by central forces," thundered CM Hemant Soren. The Muslims of Jharkhand, who are residents for decades and the tribals wondered each time a BJP leader came asking for a "ghuspetia". "This is laughable, they are trying to find out about ghuspetias. Are we infiltrators? The tribals and Muslim local residents are a happy lot. We even had the odd love marriages," said Asharful Sheikh who married Jharna Marandi, now pradhan of Nartanpur village As the date of election approached, the local BJP leaders dropped the "ghuspetias" angle in their campaign and soon, AJSU party, an ally of the NDA dropped infiltration from their manifesto. "Yaha ghuspetias wala baat nahi chalega," said Alamgir Alam, district president of Ajsu party in Pakur, who was overlooking the campaign for his party candidate Azhar Islam. He along with the BJP poll incharge denied infiltration being any issue. "Let the leaders talk about it for the national audience, we know the ground reality here," Alam added. The result was clear as the JMM led INDIA bloc routed the BJP from the 27 (JMM-21, Congress-6) of 28 ST seats. Former CM Champai Soren emerged as the only legislator of the saffron camp to be elected from ST reserved seat (Seraikela). The INDIA bloc's strong performance across the seats indicated that the BJP's politics did not resonate among the tribal electorate. Nalin Soren, the incumbent Dumka MP who represented Shikaripara (ST) assembly segment until this year's Lok Sabha election, claimed that the tribal electorate rejected the BJP's politics of communalism and hatred in this election. "Several factors resulted in a good show. While there was the benefit of the social welfare schemes such as Maiyya Samman and Savitri Bai Phule Yojana, there was considerable discontent among the electorate because the BJP led government at the Centre did not act on the Sarna Code. Today's results proved that the tribal community has rallied strongly behind Hemant Soren," he told TOI in Dumka.
A Dec. 9 Facebook post ( includes an image asserting that Robert F. Kennedy Jr. announced a popular candy will be inaccessible in the U.S. in 2025. “BREAKING: Effective January 20 , Hershey’s Chocolate will be BANNED in the United States,” reads the text on the image, which is a screenshot of a post by @RFKJrHealthSec on X. “Make America Healthy Again. #MAHA.” Other versions of the claim circulated . | | There’s no evidence of any such ban. The claim originated on a parody account. President-elect Donald as his pick for Department of Health and Human Services secretary on Nov. 14. Kennedy responded to Trump's nomination by saying he was "committed to advancing your vision to Make America Healthy Again" in . Kennedy has supported banning certain food additives and chemicals, as well as removing processed foods from school lunches, as . But there’s no evidence Kennedy announced a ban on Hershey’s chocolate. The X profile shown in the Facebook image doesn't belong to Kennedy – as a parody account. Kennedy’s , and there is no mention of any such ban on his account. No credible news outlets have reported on any such ban. It's an example of what could be called "stolen satire," where content written as satire and presented that way originally is captured via screenshot and reposted in a way that makes it appear to be legitimate news. As a result, readers of the second-generation post are misled, as was the case here. : USA TODAY has debunked an array of stolen satire claims tied to Trump, including false assertions that Supreme Court Justice Clarence on Jan. 21, 2025, that Jimmy on the day of Trump’s inauguration and that Kash Patel’s of Ramaswamy. USA TODAY reached out to The Hershey Company and the user who shared the post for comment but did not immediately receive a response. also debunked the claim. @RFKJrHealthSec, accessed Dec. 11, Robert Kennedy, Jr., accessed Dec. 11, The Hershey Company, accessed Dec. 11,POET Technologies Inc. ( CVE:PTK – Get Free Report ) shares shot up 18.1% on Wednesday . The stock traded as high as C$8.43 and last traded at C$8.24. 322,979 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 141,842 shares. The stock had previously closed at C$6.98. Analyst Upgrades and Downgrades Separately, Northland Capmk raised POET Technologies to a “strong-buy” rating in a research report on Monday, November 18th. Read Our Latest Stock Report on PTK POET Technologies Stock Up 18.1 % Insider Buying and Selling In other POET Technologies news, Senior Officer Vivek Rajgarhia sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$7.24, for a total value of C$36,219.00. Also, Director James Lee sold 25,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$6.95, for a total value of C$173,712.50. 0.82% of the stock is owned by corporate insiders. About POET Technologies ( Get Free Report ) POET Technologies Inc designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. Featured Stories Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter .