Manchester City boss Pep Guardiola has dismissed talk of a rift with star midfielder Kevin de Bruyne and says he is "desperate" to have the Belgian back to his best. De Bruyne has only started four Premier League games in another campaign blighted by injury. However, he has featured for just 72 minutes across five substitute appearances since returning from an eight-week absence with an abdominal issue last month. There was just 12 minutes left at Anfield on Sunday when Guardiola introduced De Bruyne into the 2-0 defeat by Liverpool. De Bruyne still had the visitors’ best chance, when he was denied by Caoimhin Kelleher. In a discussion on Sky Sports after the game, pundits Jamie Carragher and Gary Neville both questioned Guardiola’s use of De Bruyne in a run of six defeats and a draw in seven matches. Carragher said: "Something is going on with De Bruyne. Something isn’t right between those two." Neville agreed and said Guardiola’s treatment of the playmaker was "unusual, bizarre, strange". Guardiola did not mention the pair directly but, before the Premier League encounter with Nottingham Forest, said there was no issue with De Bruyne. "People say I’ve got a problem with Kevin," he said. "Do you think I like to not play with Kevin? I don’t want Kevin to play? The guy who has the most talent in the final third. I don’t want it? I have a personal problem with him after nine years together? "He’s delivered to me the biggest success to this club. I’m desperate to have his best. "But he’s been five months injured and two months injured. He’s 33 years old. He needs time to find his best." De Bruyne was out from August to the beginning of January last season after suffering a recurrence of a hamstring issue that forced him to be replaced in the first half of the 2023 Champions League final victory over Inter Milan. His contract expires next summer and De Bruyne has confirmed talks are yet to take place over an extension, as he prioritises his return to fitness. "I’d love to have Kevin in his prime, at 26 or 27," said Guardiola. "He would love it too. "But he is not 26 or 27 any more. He had injuries in the past, important and long ones, and he is a guy who needs to be physically fit for his space and energy. "It’s normal, it’s nature. He played a lot of games for 10 or 11 seasons. "I know he is desperate to help us, he gives glimpses of brilliance that only he can have."
HUNDREDS of people have staged a demonstration in Dublin in “utter solidarity” with Nikita Hand, who won a civil case against MMA fighter Conor McGregor. Ms Hand, who accused Mr McGregor of raping her in a Dublin hotel in December 2018, won her claim against him for damages in a civil case at the High Court in the Irish capital on Friday. She was described as “incredibly brave” and celebrated for “standing up for survivors” of assault by those who attended the demonstration in Dublin. Mr McGregor has said in social media posts that he intends to appeal against the decision. Monday’s protest march was organised by the socialist feminist movement group Rosa to mark the International Day for the Elimination of Violence against Women. Participants chanted “stand with Nikita” and “no more fear, no more shaming – we reject your victim blaming” as they carried signs and banners through the capital’s streets. The demonstration was bookended by speeches from attendees including organisers Ruth Coppinger , a councillor and general election candidate for People Before Profit in Dublin West, and Natasha O’Brien , who became a national figure in activism on violence against women after a soldier received a suspended sentence for assaulting her. Ms Coppinger told the crowd that Ms Hand , who she characterised as “an incredibly brave woman”, was watching live video of the event remotely. She said Ms Hand was not attending personally as she needed time to recover after the civil case. She said the “overwhelming support of the Irish public is definitely with Nikita”. On a cold night in Dublin, Ms O’Brien was cheered as she told those gathered that she was “in awe” of Ms Hand’s courage. She said Ireland let out a collective “sigh of relief” after the jury in the civil case found in favour of Ms Hand in her case against Mr McGregor. “But, for me – it was a split second because in came all these questions flooding in: Why did Nikita have to fight alone?” She added: “This really hits home for me, it is like a kick in the guts.” She said she had cried “so many tears” over the weeks of the trial. Ms O’Brien said Ms Hand had refused to be ignored. Mr McGregor had faced an accusation that he “brutally raped and battered” Ms Hand at a hotel in south Dublin in December 2018. The Irish sports star previously told the court he had consensual sex with Ms Hand in a penthouse at the Beacon Hotel. Ms Hand was taken in an ambulance to the Rotunda Hospital the following day where she was assessed in the sexual assault treatment unit (SATU). A paramedic who examined Ms Hand the day after the assault had told the court she had not seen “someone so bruised” in a long time. Ms Hand broke down several times as she gave evidence for almost three days and sought a number of breaks. The jury had been told Ms Hand had to leave her job as a hairdresser and has not been able to work since, because of her mental health, that her relationship with her partner ended months after the incident, she had to move out of her home in Drimnagh, and her mortgage is now in arrears. After eight days of evidence and three days listening to closing speeches and the judge’s charge, the jury of eight women and four men spent six hours and 10 minutes deliberating before returning their verdict. The total amount of damages awarded to Ms Hand by the jury was €248,603.60. Speaking outside court on Friday, Ms Hand said she hoped her case would remind victims of assault to keep “pushing forward for justice”. She added: “I hope my story is a reminder that no matter how afraid you might be, speak up, you have a voice and keep on fighting for justice.”
CHICAGO , Dec. 2, 2024 /PRNewswire/ -- Launch Consulting , part of The Planet Group and a leading AI-first digital transformation consultancy, is proud to announce the appointment of John Cipolla as its new President. This strategic addition to the leadership team underscores Launch's commitment to accelerating innovation and delivering transformative solutions to its clients. Cipolla brings a wealth of leadership experience in technology consulting, organizational transformation, and business strategy to Launch. With a track record of building high-performing teams, cloud-first organizations, fostering a culture of excellence, and developing innovative solutions that drive business outcomes, he is poised to guide Launch's continued growth and success. "John's appointment marks a pivotal moment for Launch Consulting," said Tim Simmerly , CEO of The Planet Group. "His deep expertise in driving digital innovation and his passion for empowering organizations to thrive in today's fast-paced technology landscape make him the ideal leader to spearhead our next phase of growth." Cipolla joins Launch Consulting after a distinguished career with market leaders like Atos/Eviden, Accenture, Insight Enterprises, NetApp, and AT&T, during which he led numerous large-scale initiatives, blending cutting-edge technology with human-centric strategies. His leadership style emphasizes collaboration, adaptability, and results-driven execution, aligning seamlessly with Launch's mission to create meaningful AI-first solutions for modern challenges. "I'm honored to join Launch at this pivotal moment," said Cipolla. "My focus is on accelerating our clients' growth through innovative solutions that deliver impactful business outcomes. Together with Launch's talented team, we will build a best-in-class consulting community that is client-obsessed and backed by delivery excellence." As President, Cipolla will oversee the company's strategic direction, go-to-market, operational excellence, and ecosystem partnerships, ensuring that Launch continues to lead in delivering innovative, AI-driven, and data-focused solutions. About Launch Consulting Launch Consulting, part of The Planet Group, is an AI-first digital transformation consultancy that helps Fortune 1000 customers harness the power of data, software, and AI to advance their business and compete. Our approach blends specialized industry experience with deep expertise in a local and global delivery model that supports all aspects of transformation. We help our customers make bold moves with confidence to build their future state. Learn more at launchconsulting.com . About The Planet Group The Planet Group, a portfolio company of Odyssey Investment Partners Fund VI, LP, consists of a group of related global consulting organizations and renowned staffing brands and has been purposefully built to address the professional services needs of leading companies in the areas of Technology and Digital Transformation, Engineering, Marketing, and Professional Services. Named one of America's fastest-growing private companies, the company was founded in 2009 and is headquartered in Chicago, Illinois with offices throughout the US, Europe , India , and LATAM. Learn more at theplanetgroup.com . Media Contact : Elizabeth Spayne VP, Marketing, The Planet Group 781.530.3191 | [email protected] SOURCE Launch Consulting
The blame game has begun as Labor struggles to clear a logjam of legislation before the federal election. or signup to continue reading With 30 or so bills still before parliament and just one sitting week left in 2024, the Albanese government has taken aim at the Greens for stalling legislation. The minor party's objection to the Help to Buy shared equity scheme and incentives for build-to-rent have ignited Labor's ire as the government prepares to bring the bills for a final vote in the Senate in the upcoming days. "The Greens are going to the next election either as an effective party of protest, that has blocked and delayed action on things they say are important to them, or as a party that lets the government get on with addressing the housing needs of Australia," Housing Minister Clare O'Neil told ABC Radio on Monday. The two housing bills have struggled to attract the support of the opposition or the Greens, with Labor knocking back fresh demands from the minor party. Central to the Greens' updated position is funding for 25,000 "shovel-ready" homes not given the go-ahead under the first round of the Housing Australia Future Fund. Greens housing spokesman Max Chandler-Mather said his party had designed "a compromise offer that is popular, achievable and easy to accept, it requires no new legislation and sits broadly within government policy". Labor insists the demand is unlawful and would result in the construction of million-dollar homes that are not value for money and could try push through the bill without support from the Greens. "The time for this negotiation and conversation was six months ago," Ms O'Neil said. The federal government's attack on the Greens follows the Queensland state election. The minor party lost a seat in the October contest, bolstering hopes for a Labor resurgence in the state at the upcoming federal election. Meanwhile, the federal government will try court the opposition's support for its migration bill, which could result in the deportation of more than 80,000 people. A friendless crackdown on misinformation and disinformation has been shelved and gambling reforms have been pushed into 2025. Other proposals to establish an environment protection agency and cap the number of foreign student arrivals have reached a stalemate and cabinet minister have continued to point fingers. "You have populist, vote-grabbing parties like the Greens and the coalition," Resources Minister Madeleine King told ABC Radio. "We're trying to do the right thing for the Australian community, whereas they want to block this to be able to put out another TikTok. "It's absolutely disgraceful." To Labor's relief, the government is expecting wins on its aged care reforms and its social media age limit, with the former expected to attract opposition support. Under world-first legislation, Australians younger than 16 will be banned from social media platforms including Facebook, Instagram, Snapchat, Reddit and X. Labor will also be spruiking its Future Made in Australia plan, with its hydrogen and critical minerals production tax incentives to be introduced to parliament on Monday. The federal election is due to be held by May 17. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement Advertisement
HARTFORD, CT – US Sen. Richard Blumenthal on Monday joined leaders of the Connecticut Children’s Medical Center to warn parents and caregivers about the potential dangers that specific toys can pose to young children this holiday season. “This is a very festive time of year with Christmas and Hanukkah coming up in a few weeks, a time of great joy, a time when we’re out buying presents for our kids, and we want it to be a very joyous time for the whole family,” said James E. Shmerling, President and CEO of the Connecticut Children’s Medical Center (CCMC). “There’s also risk when we’re buying these gifts for our kids. Some are not safe. As the only hospital in the state of Connecticut that’s 100 percent focused on children, this is something that we take very seriously.” Along with the usual suspects of toys with small parts and other common safety threats that the wrong toys can pose, Blumenthal and Kevin Borrup, the executive director of the Injury Prevention Center at CCMC, highlighted the dangers of water beads and magnets, which children can ingest with the risk of significant internal injuries that are difficult to treat. According to the (CPSC), water beads are small, water-absorbing, often colorful balls of super-absorbent polymer that can grow 100 times their original size when exposed to water. They are often sold as toys, in craft kits, as sensory tools for children with developmental disabilities, or for agricultural use. “These kinds of toys look absolutely harmless,” Blumenthal said. “They’re colored, they’re attractive, and they look like candy. These little toys look like the stuff that you might actually eat. Little does a child know that these can inflate and literally block the body from working.” When swallowed, water beads absorb liquid inside the body and grow, causing significant and potentially life-threatening internal injuries for small children. CPSC data show that nearly 7,000 water bead-related ingestion injuries were treated in emergency departments in the US from 2018 through 2022. A 10-month-old girl also died from injuries caused by ingesting water beads in 2023. Small magnets pose another danger, as even though they may be ingested individually, their strong forces of attraction will draw them to each other, potentially pinching delicate internal tissues between them and leading to holes in intestinal lining and other critical areas. Another perennial danger are button batteries, which can be found in numerous modern gifts, including everything from LED lights to watches and more. The batteries can become caught in a child’s esophagus, and despite not being plugged in, they can still develop a charge that can burn a hole into the throat lining in as little as two hours. One of the other dangers that Blumenthal discussed is the threat that unregulated toys pose to younger children. Thanks to a loophole known as the “de minimis exemption,” shipments valued at less than $800 enter the United States without duties, taxes, or customs inspections. According to the US Public Interest Research Group’s (US PIRG) annual report, “Trouble in Toyland,” a billion shipments will enter the US in 2024 through the de minimis loophole, including hundreds of thousands of toys and games ordered through internet sellers. “Direct-to-consumer sales through the internet can come from overseas across borders without inspection, from China or elsewhere, and 80% of those toys sold in the United States come from China,” Blumenthal said. “So the mounting threat of unsafe toys, particularly from China, but from all overseas manufacturers, is one that demands action, and I will be introducing legislation to close the loophole for those de minimis shipments that come across our borders, from China and elsewhere.” Borrup offered some simple tips that parents can follow to help make the holidays safer, including: “The most impactful thing you can do as a parent is to give the time to your kids,” Borrup said. “Get down on the floor and play with them, read to them, listen to them. Your time will help your child build the social and emotional skills and protective factors that can provide a lifelong benefit. You can even develop a family game night, the dreaded forced fun that is part of many families and traditions.”Get Taylor Swift’s Skinny Jeans from Latest Chiefs Game With a Discount Code!Hail Flutie: BC celebrates 40th anniversary of Miracle in Miami
Nelly Rossinelli denies that her husband is a ‘kept’: “He has two careers”
Americans spent more than $41 billion over Thanksgiving weekendNone
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV dealsMEXICO CITY--(BUSINESS WIRE)--Nov 25, 2024-- BBB Foods Inc. (“Tiendas 3B” or the “Company”) (NYSE: TBBB) , a leading grocery hard discounter in Mexico, announced today its consolidated results for the third quarter of 2024 (“3Q24”) and the nine months ended September 30, 2024 (“9M24”). The figures presented in this release are expressed in nominal Mexican Pesos (Ps.) and are prepared in accordance with International Financial Reporting Standards (“IFRS”), unless otherwise stated. HIGHLIGHTS THIRD QUARTER 2024 MESSAGE FROM THE CHAIRMAN AND CEO Dear Investors, Tiendas 3B has delivered another strong quarter. Our Same Store Sales grew by 11.6% in the third quarter of 2024 versus the same period last year, significantly outpacing the growth in the overall Mexican hard discount grocery retail segment as reported by ANTAD (Asociación Nacional de Tiendas de Autoservicio y Departamentales). This performance highlights our continued success in providing customers what they want – high quality products at low prices in convenient locations, During the third quarter of 2024, we opened 131 net new stores, for a total of 346 new stores year-to-date, bringing our total store count to 2,634. Our expansion strategy continues to yield strong results, with new stores performing well across the board. Overall, our revenues grew nearly 30% compared to the same period last year. Our EBITDA increased by 54%, with the higher margin driven by the dilution of operational expenses over a larger sales base. As we move forward, we remain focused on our core principles: delivering value through a compelling offering, disciplined execution, and rapid store expansion. We are confident that these pillars will continue to drive sustainable growth and create value for our stakeholders. Thank you for your continued trust and support. K. Anthony Hatoum, Chairman and Chief Executive Officer TOTAL REVENUE Total revenue for 3Q24 was Ps. 14,834 million, an increase of 29.8% compared to 3Q23. This increase was driven by higher revenues from stores operating for more than one year and revenues from net new stores opened in the last twelve months. GROSS PROFIT AND GROSS PROFIT MARGIN Gross profit in 3Q24 reached Ps. 2,344 million, an increase of 29.7% compared to 3Q23. This increase was driven by higher sales growth. Gross margin was stable over the year, as we passed the benefits of our increased size on to our customers. EXPENSES Sales expenses refer mainly to the expenses of operating our stores, such as the wages of store employees and energy. In 3Q24, sales expenses reached Ps. 1,499 million, a 23.0% increase compared to 3Q23. This rise in sales expenses was driven by the additional new stores opened in the last twelve months, the headcount to operate them, and wage inflation affecting labor costs accumulated during the last twelve months. Despite higher expenses, the Company was able to reduce sales expenses as a percentage of total revenue as a result of operational leverage and increased efficiencies. Sales expenses decreased from 10.7% of total revenue in 3Q23 to 10.1% in 3Q24, a decline of 56 bps. Administrative expenses refer to expenses not related to operating our stores, such as headquarters and regional office expenses. In 3Q24, administrative expenses were Ps. 494 million, a 32.1% increase compared to 3Q23. This was primarily due to: (i) higher personnel expenses driven by our expansion into three new regions (ii) the strengthening of our central HQ teams in IT, purchasing, real estate, human resources, and finance (iii) public company-related expenses, and (iv) recognition of share-based payment expenses. As a percentage of revenue, administrative expenses remained flat in 3Q24 compared to 3Q23. Other income (expense) - net, which includes revenues from asset disposals, reimbursement of costs, and insurance proceeds, among others, amounted to income of Ps. 2 million in 3Q24, as compared to an expense of Ps. 3 million in 3Q23. As a percentage of total revenue, other income (expense) – net decreased by 4 bps. EBITDA AND EBITDA MARGIN In 3Q24, EBITDA reached Ps. 688 million, an increase of 54.0% compared to 3Q23. This increase can be attributed to higher sales and lower sales expenses as a percentage of sales. EBITDA margin for 3Q24 increased by 73 bps to 4.6%. Please see the last section of this release on how we calculate EBITDA and EBITDA Margin, which are non-IFRS financial measures. To allow our investors to better assess our performance, we are providing the following information: FINANCIAL COSTS AND NET PROFIT Financial income reached Ps. 48 million, representing an increase of over 100% compared to 3Q23. This growth was primarily driven by the interest generated from the investment of proceeds derived from our IPO, net of cash used to pay off promissory and convertible notes, and the Company’s other cash positions. Financial costs decreased by 3.9% to Ps. 287 million, primarily due to the absence of interest expenses on promissory and convertible notes, which the Company fully paid in the first quarter of 2024 (“1Q24”). However, the decrease was partially offset by higher interest expenses related to lease liabilities, mainly due to the expansion of our store network. Exchange rate fluctuation resulted in a gain of Ps. 210 million in 3Q24, primarily due to the depreciation of the Mexican peso against the U.S. dollar, which positively impacted the value in Mexican pesos of our U.S. dollar cash position from the IPO proceeds. Income tax expense reached Ps. 66 million in 3Q24 compared to Ps. 113 million in 3Q23. As a result, our net profit for 3Q24 was Ps. 258 million, compared to a net loss of Ps. 339 million for 3Q23. BALANCE SHEET AND LIQUIDITY As of September 30, 2024, the Company reported cash and cash equivalents of Ps. 1,269 million, an increase from Ps. 1,220 million as of December 31, 2023, deployed mainly for working capital purposes. In addition, as of September 30, 2024, the Company held Ps. 2,964 million in U.S. dollar-denominated short-term bank deposits. Our business model continues to generate a significant amount of cash from our negative working capital cycle due to our increasing sales and high inventory turnover. This robust cash flow has enabled us to fund internally our growth initiatives, including the expansion of new stores and distribution centers. The information provided below offers a view of our financial activities in the first nine months of 2024: Net cash flows provided by operating activities increased to Ps. 2,378 million in the first nine months of 2024 (“9M24”) from Ps. 1,943 million in the first nine months of 2023 (“9M23”), an increase of 22.4%. Our net working capital continues to be driven by a favorable ratio of Inventory Days to Payable Days. Net cash flows used in investing activities were Ps. 4,172 million for 9M24, compared to Ps. 901 million in 9M23. This increase was primarily due to the allocation IPO proceeds in short-term U.S. dollar-denominated short-term bank deposits, which is reflected as an investment activity. In addition, spending on the purchasing of property, plant, and equipment (PP&E) reached Ps. 1,642 million, reflecting additional store openings compared to 9M23. Net cash flows provided by financing activities were Ps. 1,748 million in 9M24, compared to Ps. 1,027 million used in 9M23. This decrease is mainly attributed to higher lease payments due to the opening of new stores in the last twelve months, as well as, to a lesser extent, payment of other financial debts. In 3Q24, we opened 131 net new stores, reaching a total of 2,634 stores. This represents a significant increase compared to the 92 net new stores opened in 3Q23, which brought the total number of stores to 2,135 stores by the end of that period. During 3Q24, the Company did not open any distribution centers. Same Store Sales grew by 11.6% for 3Q24, compared to 15.4% for 3Q23. We maintain our leadership in Same Store Sales growth in the Mexican hard discount grocery retail market. Non-IFRS Measures and Other Calculations For the convenience of investors, this release presents certain non-IFRS financial measures, which are not calculated in accordance with IFRS (“non-IFRS financial measures”). A non-IFRS financial measure is generally defined as one that purports to measure financial performance but excludes or includes amounts that would not be so excluded or included in the most comparable IFRS financial measure. Non-IFRS financial measures do not have standardized meanings and may not be directly comparable to similarly titled measures reported by other companies. These non-IFRS financial measures are used by our management for decision-making purposes and to assess our financial and operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. The non-IFRS financial measures presented herein have limitations as analytical tools, and you should not consider them in isolation or as substitutes for analysis of our results of operations presented in accordance with IFRS. Additionally, our calculations of non-IFRS financial measures may be different from the calculations used by other companies, including our competitors, and therefore, our non-IFRS financial measures may not be comparable to those of other companies. We calculate “EBITDA,” a non-IFRS measure, as net profit (loss) for the period, plus income tax expense, financial costs, net, and total depreciation and amortization. We calculate “EBITDA Margin,” a non-IFRS measure, for a period by dividing EBITDA for the corresponding period by total revenue for such period. Same Store Sales: We measure “Same Store Sales” using revenue from sales of merchandise at stores that were operational for at least the full preceding 12 months for the periods under consideration. Stores that were temporarily closed (for one month or more) or permanently closed during the relevant measurement periods are excluded from this metric. Same Store Sales growth is calculated by comparing the Same Store Sales of stores that were opened and remained open throughout the relevant measurement period. Lease Costs: Consistent with lease accounting required under IFRS 16, total depreciation and amortization includes the depreciation expense of right-of-use-asset corresponding to long-term leases, which is a non-cash expense. Such amounts, together with the interest expense on lease liabilities, is a proxy for but not equal to the Company’s actual cash expenditure incurred in connection with its leased properties. Sales per Store : We define our “Sales per Store” as the average of the revenue from sales of merchandise achieved by our stores that were open for the full year in consideration. When calculating this measure, we exclude stores that were temporarily closed (for one month or more) or permanently closed during the period in consideration. This measure assists our management’s understanding of how store performance has evolved across different vintages. Sales per Store also serves as a benchmark to measure the performance of new stores and is useful to set growth and expansion targets. Inventory Days: We calculate “Inventory Days” to be the average of beginning and end of period inventory balance, divided by cost of sales for the period and multiplied by the number of days during the period. Inventory Days measures the average number of days we keep inventory on hand before selling the product. This operating metric allows us to track our inventory management policies and observe how quickly we are able to rotate inventory, which is key to our cash conversion cycle. Payable Days: We calculate “Payable Days” to be the sum of the average of beginning and end of period balance of suppliers and of accounts payable and accrued expenses, divided by cost of sales for the period and multiplied by the number of days during the period. Payable Days measures the average number of days that it takes us to pay suppliers after receiving goods or services. This metric allows us to track the terms of payment policies with suppliers and our ability to finance our operations through agreements with our suppliers. CONFERENCE CALL DETAILS Tiendas 3B will host a call to discuss the third quarter of 2024 results on November 26, 2024, at 11:00 a.m. Eastern Time. A webinar of the call will be accessible at: https://us06web.zoom.us/webinar/register/WN_GqDGFh_BRHmrS0LuPiQzpA . To join via telephone, please dial one of the domestic or international numbers listed below: The webinar ID is 869 0678 1035 An audio replay from the conference call will be available on the Tiendas 3B website https://www.investorstiendas3b.com after the call. FORWARD-LOOKING STATEMENTS This release includes forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. We base these forward-looking statements on our current beliefs, expectations and projections about future events and trends affecting our business and our market. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-looking statements. Forward-looking statements are not guarantees of future performance. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or to revise any forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this release. The words “believe,” “may,” “should,” “aim,” “estimate,” “continue,” “anticipate,” “intend,” “will,” “expect” and similar words are intended to identify forward-looking statements. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, capital expenditures, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future regulation and the effects of competition. Please refer to our annual report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities Exchange Commission (the “SEC”), as well as any subsequent filings made by us with the SEC, each of which is available on the SEC’s website ( www.sec.gov ), for a more extensive discussion of the risks and other factors that may impact any forward-looking statements in this release. Considering these limitations, you should not make any investment decision in reliance on forward-looking statements contained in this release. ABOUT TIENDAS 3B BBB Foods Inc. (“Tiendas 3B”), a proudly Mexican company, is a pioneer and leader of the grocery hard discount model in Mexico and one of the fastest growing retailers in the country as measured by its sales and store growth rates. The 3B name, which references " Bueno, Bonito y Barato " - a Mexican saying which translates to "Good, Nice and Affordable" - summarizes Tiendas 3B’s mission of offering irresistible value to budget savvy consumers through great quality products at bargain prices. By delivering value to the Mexican consumer, we believe we contribute to the economic well-being of Mexican families. In a landmark achievement, Tiendas 3B was listed on the New York Stock Exchange in February 2024 under the ticker symbol “TBBB.” For more information, please visit: https://www.investorstiendas3b.com/ . View source version on businesswire.com : https://www.businesswire.com/news/home/20241125235028/en/ CONTACT: INVESTOR RELATIONS CONTACTAndrés Villasis ir@tiendas3b.com KEYWORD: MEXICO UNITED STATES CENTRAL AMERICA NORTH AMERICA FLORIDA INDUSTRY KEYWORD: FAMILY RETAIL OTHER CONSUMER CONSUMER OTHER RETAIL SUPERMARKET FOOD/BEVERAGE SOURCE: Tiendas 3B Copyright Business Wire 2024. PUB: 11/25/2024 04:13 PM/DISC: 11/25/2024 04:11 PM http://www.businesswire.com/news/home/20241125235028/en
Ruud van Nistelrooy has opened up about the pain of his departure from Manchester United , expressing his deep disappointment at not being retained by the club. As he steps into his new role as Leicester City manager, the Dutch icon reflected on his Old Trafford exit, revealing his initial hopes to remain part of the team under new boss Ruben Amorim . Van Nistelrooy shared: "The moment I took over the interim job, I said: ‘I’m here to help United and to stay to help United,’ and I meant it. "So I was disappointed, yeah, very much so, and it hurt I had to leave. "The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. "But in the end, I got my head around it because I also understand the new manager. "I spoke to Ruben about it, and it was fair enough. I was grateful for the conversation. "He spoke to me man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities, which, of course, lifted my spirits." The 48-year-old acknowledged that his brief tenure at Old Trafford significantly boosted his career prospects, concluding, "What happened after that - the amount of interest that was there for me and the options that came along - I was astonished." The former Netherlands star opened up about the curious attention he received, musing: "I thought: ‘It’s four games.’ I had a full season with PSV, I won the cup and Charity Shield did well with young PSV. I’d been coaching with the national team and it never got this reaction from the football world. It provoked these reactions. I was only happy with that." He reflected further on the events that led to his current role: "I was able to get into conversations that were good for me - and that brought me to Leicester."‘Yellowstone’ Season 5 Part 2 episode 12 recap | Another death, new threats
By TOM KRISHER, Associated Press DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk’s lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares.Republican senator blocks promotion of general involved in Afghanistan withdrawalNone
Blake's career receiving day helps Charlotte beat FAU 39-27THE HAGUE (AP) — The world’s top war-crimes court issued arrest warrants Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas’ military chief, accusing them of crimes against humanity in connection with the 13-month war in Gaza. The warrants said there was reason to believe Netanyahu and former Defense Minister Yoav Gallant have used “starvation as a method of warfare” by restricting humanitarian aid and have intentionally targeted civilians in Israel’s campaign against Hamas in Gaza — charges Israeli officials deny. The action by the International Criminal Court came as the death toll from Israel’s campaign in Gaza passed 44,000 people, according to local health authorities, who say more than half of those killed were women and children. Their count does not differentiate between civilians and combatants. Experts say hunger has become widespread across Gaza and may have reached famine levels in the north of the territory, which is under siege by Israeli troops. Israel says it has been working hard to improve entry of aid, though the trickle of supplies into Gaza remains near the lowest levels of the war. Netanyahu condemned the warrant against him, saying Israel “rejects with disgust the absurd and false actions” by the court. In a statement released by his office, he said: “There is nothing more just than the war that Israel has been waging in Gaza.” Gallant, in a statement, said the decision "sets a dangerous precedent against the right to self-defense and moral warfare and encourages murderous terrorism.” The warrant marked the first time that a sitting leader of a major Western ally has been accused of war crimes and crimes against humanity by a global court of justice. The decision turns Netanyahu and the others into internationally wanted suspects, putting them at risk of arrest when they travel abroad and potentially further isolating them . Israel and its top ally, the United States, are not members of the court. But others of Israel's allies, including some of its close European friends, are put in an awkward position. Several, including France, welcomed the court's decision and signaled they might arrest Netanyahu if he visited. The move “represents the most dramatic step yet in the court’s involvement in the conflict between Israel and Hamas," said Anthony Dworkin, senior policy fellow at the European Council on Foreign Relations. Israeli leaders, politicians and officials across the spectrum denounced the warrants and the ICC. The new defense minister, Israel Katz, who replaced Gallant earlier this month, said Thursday’s decision is “a moral disgrace, entirely tainted by antisemitism, and drags the international judicial system to an unprecedented low.” Human rights groups applauded the move. The warrants against both sides “break through the perception that certain individuals are beyond the reach of the law,” the associate international justice director at Human Rights Watch, Balkees Jarrah, said in a statement. The decision came six months after ICC Chief Prosecutor Karim Khan requested the warrants. The court issued a warrant for Mohammed Deif, head of Hamas’ armed wing, over the Oct. 7, 2023, attacks that triggered Israel’s offensive in Gaza. It said it found reasonable grounds to believe Deif was involved in murder, rape, torture and the taking of hostages amounting to war crimes and crimes against humanity. In the Hamas-led attack, militants stormed into southern Israel, killing 1,200 people — mostly civilians — and taking some 250 others hostage. Around 100 Israelis remain captive in Gaza, around a third of them believed to be dead. Khan withdrew requests for warrants for two other senior Hamas figures, Yahya Sinwar and Ismail Haniyeh , who have both since been killed. Israel says it also killed Deif in an airstrike, but Hamas has never confirmed his death. The warrants for Netanyahu and Gallant were issued by a three-judge panel in a unanimous decision. The panel said there were reasonable grounds to believe that both men bear responsibility for the war crime of starvation and the crimes against humanity of murder, persecution and other inhumane acts. The judges said the lack of food, water, electricity, fuel and specific medical supplies created conditions “calculated to bring about the destruction of part of the civilian population in Gaza,” including the deaths of children due to malnutrition and dehydration. They also found that by preventing hospital supplies and medicine from getting into Gaza, doctors were forced to operate, including performing amputations, without anesthesia or with unsafe means of sedation that led to “great suffering.” Israeli diplomatic officials said the government is lobbying the international community to speak out against the warrants and is considering an appeal to the court. The officials spoke on condition of anonymity pending a formal decision on how the government will proceed. Despite the warrants, none of the suspects is likely to face judges in The Hague anytime soon. Member countries are required to detain suspects facing a warrant if they set foot on their soil, but the court has no way to enforce that. For example, Russian President Vladimir Putin, wanted on an ICC warrant for alleged war crimes in Ukraine, recently visited Mongolia, a member state in the court but also a Russian ally. He was not arrested. Still, the threat of arrest now complicates any travel abroad by Netanyahu and Gallant. EU foreign policy chief Josep Borrell said the warrants are binding on all 27 members countries of the European Union. France signaled it could arrest Netanyahu if he came to its territory. Foreign Ministry spokesman Christophe Lemoine called it a “complex legal issue” but said France supports the court’s actions. “Combating impunity is our priority,” he said. “Our response will align with these principles.” Hamas in a statement welcomed the warrants against Netanyahu and Gallant but made no mention of the one against Deif. Israel’s opposition leaders fiercely criticized the ICC’s move. Benny Gantz, a retired general and political rival to Netanyahu, said it showed “moral blindness” and was a “shameful stain of historic proportion that will never be forgotten.” Israel’s campaign has caused heavy destruction across Gaza and driven almost the entire population of 2.3 million people from their homes, leaving most dependent on aid to survive. Two days after Hamas’ attack on southern Israel, Gallant announced a total seal on Gaza, vowing not to let in food, fuel or other supplies. Under U.S. pressure, Israel began allowing a trickle of humanitarian aid to enter a few weeks later. Israel now says it puts no limit on the supplies permitted into Gaza, and it blames the U.N. distribution system. But Israel's official figures show the amount of aid it has let in has plunged since the beginning of October. The U.N has blamed Israeli military restrictions, along with widespread lawlessness that has led to theft of aid shipments. The case at the ICC is separate from another legal battle Israel is waging at the top U.N. court, the International Court of Justice, in which South Africa accuses Israel of genocide , an allegation Israeli leaders staunchly deny. Lawyers for Israel argued in court that the war in Gaza was a legitimate defense of its people and that it was Hamas militants who were guilty of genocide. Associated Press journalists Raf Casert in Brussels, Mike Corder in The Hague and Josef Federman in Jerusalem contributed to this report.Bello's 20 lead Purdue Fort Wayne past Drexel 87-81
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