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Aaron Rodgers might be on borrowed time with the New York Jets , but interim head coach Jeff Ulbrich says the star quarterback is in no danger of losing his starting job. Ulbrich told reporters on Monday that Rodgers will “absolutely” start for the Jets in Week 13 against the Seattle Seahawks . The coach said there has not been any talk about shutting Rodgers down despite recent rumors regarding the 40-year-old’s health and future in New York. From Ulbrich's just-completed media session: * Rodgers will "absolutely" start on Sunday — in response to a question re: recent reports about his status. * Rodgers is healthier than he was earlier in the season. * Ulbrich not aware of Rodgers skipping any medical scans: "News... — Rich Cimini (@RichCimini) November 25, 2024 Rodgers has dealt with numerous injuries this season. A report on Sunday claimed Rodgers has refused certain scans because he does not want to be told he should not play. Ulbrich said that report is “news” to him but acknowledged that Rodgers is healthier now than earlier in the season. The Jets are 3-8 coming out of the bye and have been arguably the most disappointing team in the NFL this season. They have already fired their head coach and general manager, and it is starting to sound very unlikely that Rodgers will be back next season . For now, Rodgers has the full support of Ulbrich. The question is whether the same is true for Jets owner Woody Johnson . This article first appeared on Larry Brown Sports and was syndicated with permission.Apple Cash is more than just a peer-to-peer (P2P) payment service — it can be used to shop online, in stores or to make in-app purchases.
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Advertisement Warren Buffett said he would gift Berkshire stock worth $1.2 billion to family foundations. The investor also wrote a mini letter to shareholders running to almost 1,500 words. Buffett spoke about his estate planning, his children, his luck in life, and philanthropy. Warren Buffett surprised shareholders on Monday with a near-1,500-word letter alongside his usual Thanksgiving gift to four of his family's foundations. The famed investor and Berkshire Hathaway CEO said he would shortly convert 1,600 of his Class A shares into 2.4 million Class B shares, worth about $1.2 billion. Advertisement He pledged to distribute 1.5 million of those shares to The Susan Thompson Buffett Foundation — named after his late wife — and 300,000 shares to each of his three kids' foundations : The Sherwood Foundation, The Howard G. Buffett Foundation, and NoVo Foundation. Buffett picked more trustees to share his wealth In his unexpected missive to Berkshire shareholders, Buffett said the gifts would reduce his personal stockpile to 206,363 A shares, worth $149 billion. He's now given away 56.6% of his shares since pledging 99% of them to good causes in 2006. The "Oracle of Omaha" said he and his late wife owned 508,998 A shares at the time of her death in 2004. Advertisement All else being equal, if Buffett still owned all those shares they'd be worth $367 billion, making him the world's richest man and wealthier than Elon Musk , who's worth $348 billion per the Bloomberg Billionaires Index. Buffett said his late wife's estate was worth about $3 billion, and 96% of that went into the pair's foundation. She bequeathed $10 million to their three children — Howard, Susie, and Peter — which was "the first large gift we had given to any of them," he said. "These bequests reflected our belief that hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing ," Buffett wrote. Advertisement The legendary stock picker reiterated his comments earlier this year that he now believes his kids are ready to handle the vast responsibility of distributing his Berkshire shares, which make up 99.5% of his wealth . But he acknowledged that his children, now in their late 60s and early 70s, might be unable to deploy his fortune before they die. "And tomorrow's decisions are likely to be better made by three live and well-directed brains than by a dead hand," Buffett wrote. "As such, three potential successor trustees have been designated. Each is well known to my children and makes sense to all of us. They are also somewhat younger than my children," Buffett said, adding those individuals are "on the waitlist" and he hoped his children disbursed all his assets. Advertisement The reality of philanthropy Buffett explained why the foundation that holds his wealth after he dies will require a unanimous vote for every action it takes. The investor said his children will be inundated by requests and the policy will help ensure the money is used wisely. Also, when one says "no" to a request for a gift, they can prevent follow-up asks by firmly saying their siblings would never approve it. Related stories The billionaire also offered some advice on passing down wealth. "I have one further suggestion for all parents, whether they are of modest or staggering wealth," he said. "When your children are mature, have them read your will before you sign it." Advertisement Involving them in the process will ensure they understand your logic and their post-mortem responsibilities, Buffett said. Spreading the luck In the letter — which was curt compared to Buffett's famous annual letter, which ran over 6,000 words this year and has previously exceeded 13,000 words — Buffett reflected on how lucky he was to be born in the US as a white male. He noted that his two sisters, Doris and Bertie, grew up with fewer opportunities than him. Buffett said he felt confident he'd be rich early in his life, but he never dreamed of the wealth that has become attainable in the US in recent decades. Advertisement "It has been mind-blowing — beyond the imaginations of Ford, Carnegie, Morgan or even Rockefeller," he said. "Billions became the new millions." Buffett said that "the real action from compounding takes place in the final twenty years of a lifetime. By not stepping on any banana peels, I now remain in circulation at 94 with huge sums in savings — call these units of deferred consumption — that can be passed along to others who were given a very short straw at birth." The investor said he and both his wives believed in equal opportunity at birth and didn't find conspicuous consumption to be "admirable," and he was pleased so many of his shareholders have gifted their wealth to society. Advertisement Buffett added that his children shared his and his siblings' values and while they're "comfortable financially," they're not "preoccupied by wealth. Their mother, from whom they learned these values, would be very proud of them. As am I."Grading the Jets’ 32-26 road loss to the Dolphins on Sunday: Offense This was the best game of the season for the offense, but it still was not enough. The Jets rolled up 402 yards and looked in control of the game through three quarters. You can ding them for going 2-for-5 in the red zone or having two three-and-outs in the fourth quarter, but overall, this was a strong outing. QB Aaron Rodgers (27-for-39, 339 yards, 1 TD, 104.5 rating) had his best game as a Jet. He connected with WRs Davante Adams (9 catches, 109 yards, 1 TD) and Garrett Wilson (7, 114), showing what the offense is supposed to look like. Grade: B Defense This unit continues to disappoint. On Sunday, they failed to get a single quarterback hit, never mind a sack, on Tua Tagovailoa (33-for-47, 331 yards, 2 TDs, 104.1 rating). They did not force a turnover, and they folded when the Jets needed a stop in the fourth quarter and overtime. They gave up a total of 375 yards. D.J. Reed had a costly pass interference penalty that led to the Dolphins tying the game early in the fourth quarter. Miami WRs Tyreek Hill (10 catches, 115 yards, 1 TD) and Jaylen Waddle (9 catches, 99 yards) ran all over the Jets. Grade: F Special teams Kicker Anders Carlson made a clutch field goal to give the Jets the lead in the fourth quarter, but then he did not hit the kickoff into the end zone, and the Dolphins returned the ball to midfield and were able to set up the game-tying field goal to force overtime. Carlson had four field goals in the game, but his missed kickoff was costly. \ The Jets did nothing in the return game. Grade: D Coaching The Jets continue to find ways to lose, and that is a poor reflection on this coaching staff. That may not be completely fair, but the Jets just seem to be missing something when it comes to closing out close games. Interim coach Jeff Ulbrich’s team was sloppy down the stretch, and it resulted in another disappointing loss. Offensive play-caller Todd Downing had a strong performance and got people open. Grade: DNFL Issues Security Alert About Migrant Gangs Burglarizing Player Homes
SYDNEY--(BUSINESS WIRE)--Nov 21, 2024-- BoomiTM , the intelligent integration and automation leader, today announced that Australian precious metals and jewellery company Pallion Group has bolstered resilience and customer experience (CX) across its brands, and laid a foundation for generative AI using the Boomi Enterprise Platform as the baseline for its data strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121138990/en/ Pallion Group Welds Resilience and Customer Experience Into Dynamic Gold and Jewellery Business With Boomi (Graphic: Business Wire) Sydney-headquartered Pallion comprises six brands that source, manufacture, distribute, sell, and provide secure storage for gold, silver, and custom jewellery to organisations and individuals in Australia, Hong Kong, and China. The company implemented Boomi’s integration platform as a service (iPaaS) to simplify and improve connectivity between its technology systems and establish visibility over highly sensitive financial, commercial, and product supply data. “Pallion supplies high-value precious metals and jewellery subject to dynamic, fast-changing pricing, with strict compliance requirements around them. We’re handling people’s and companies’ money after all – that includes banks, superannuation funds and major retailers,” said Simon Smith, Group Chief Information Officer (CIO) at Pallion Group. “This means we need consistent uptime of and between our systems so that data flows back and forth in real time, while giving our teams a consolidated view of customer information on one screen. Boomi powers our data strategy by giving us a clean, hub-and-spoke integration framework to connect business-critical platforms and centralise data to make this possible.” Pallion implemented the Boomi Enterprise Platform in February 2024 to support the foundations of its digital transformation and replace a “spaghetti mess” of hundreds of outdated point-to-point integrations, according to Smith. The Boomi platform has already been used to connect Pallion’s Microsoft Dynamics 365 enterprise resource planning (ERP) stack, and its finance and human resources (HR) systems, and the company affirms its use of iPaaS will scale up as its digital transformation strategy progresses. Meanwhile, data ingested by Pallion’s systems is already centralised in Boomi DataHub. “Boomi has fostered an environment we know we can trust to get data across to the right people and places securely with no downtime – spanning production operations through to the websites our customers use to buy precious metals and jewellery,” said Smith. “This has amplified CX, as the information buyers and our teams see is always accurate. If there are ever any issues, Boomi’s integration model allows us to rapidly pinpoint and resolve the issue – a process that could formerly take days is now completed in a few hours.” Pallion has also seen dramatic productivity gains as Boomi helped the company strip away countless hours previously spent maintaining and fixing point-to-point integrations. In addition, the Boomi Enterprise Platform serves as an “abstraction layer,” said Smith, ensuring new technology investments are rapidly and seamlessly integrated into the group of companies, with data readily available through Boomi DataHub. This will be pivotal in Pallion’s strategic roadmap, with the company planning to introduce generative AI for its employees to query the company’s data using natural language, and ultimately expedite internal processes and customer service. David Irecki, Chief Technology Officer, APJ at Boomi, said, “Pallion Group serves some of the most prolific retail brands – from Tiffany & Co to Michael Hill Jewellery – as well as Australian financial institutions and citizens. It has even worked on the Melbourne Cup and Australian Open trophies, and Queen Elizabeth II’s Coronation Carriage. Its clientele expect seamless experiences when making significant purchasing decisions. Boomi has helped Pallion establish a reliable and resilient technology environment across its brands to optimise CX, all the while supporting the stringent compliance obligations under which the group operates.” Additional Resources About Boomi Boomi, the intelligent integration and automation leader, helps organizations around the world automate and streamline critical processes to achieve business outcomes faster. Harnessing advanced AI capabilities, the Boomi Enterprise Platform seamlessly connects systems and manages data flows with API management, integration, data management, and AI orchestration in one comprehensive solution. With a customer base exceeding 20,000 companies globally and a rapidly expanding network of 800+ partners, Boomi is revolutionizing the way enterprises of all sizes achieve business agility and operational excellence. Discover more at boomi.com . © 2024 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121138990/en/ CONTACT: Media: Jasmine Ee Head of Influencer Relations, APJ jasmine.ee@boomi.com KEYWORD: AUSTRALIA/OCEANIA AUSTRALIA ASIA PACIFIC INDUSTRY KEYWORD: JEWELRY LUXURY RETAIL TECHNOLOGY ARTIFICIAL INTELLIGENCE SOURCE: Boomi Copyright Business Wire 2024. PUB: 11/21/2024 05:00 PM/DISC: 11/21/2024 05:01 PM http://www.businesswire.com/news/home/20241121138990/enSchneider National, Inc. SNDR disclosed that it has agreed to acquire Cowan Systems, LLC and its affiliates for approximately $390 million in cash, subject to adjustments . The deal also includes a separate purchase of related real estate assets for $31 million. Cowan Systems is primarily a dedicated contract carrier with a portfolio of complementary services including brokerage, drayage and warehousing. The company operates approximately 1,800 trucks and 7,500 trailers across more than forty locations throughout the Eastern and Mid-Atlantic regions of the U.S. Including Cowan Systems, Schneider will operate over 8,400 Dedicated tractors, approximately 70% of Schneider’s Truckload fleet. The acquisition is expected to be earnings accretive for Schneider within the first year, excluding anticipated synergies. The transaction is expected to close in the fourth-quarter 2024, pending customary conditions, and will be financed through existing cash and a new $400 million delayed draw term credit facility. Post-acquisition, Cowan Systems’ financials will be integrated into Schneider’s Truckload and Logistics segments. This deal follows previous acquisitions of Midwest Logistics Systems and M&M Transport Services, reinforcing Schneider’s growth in Dedicated contract carriage. “This acquisition aligns with Schneider’s long-term vision to have customer-centric Dedicated solutions as the cornerstone of its Truckload segment. By complementing our organic Dedicated growth success with transactions like this, we are broadening our presence to provide greater value to our customers and stakeholders,” said Schneider President and CEO Mark Rourke . As of September 30, 2024, the company had cash and cash equivalents of $179.0 million . Investors can gain exposure to the stock via Tidal ETF Trust Aztlan North America Nearshoring Stock Selection ETF NRSH . Price Action : SNDR shares are up 2.10% at $32.28 at the last check Monday. Read Next: These Analysts Revise Their Forecasts On Schneider National Following Q3 Earnings Photo via Shutterstock. This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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