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Jimmy Carter biographer E. Stanley Godbold reflects on the life of former President Jimmy Carter on ‘Fox News Live.’ Jimmy Carter, the 39th president of the United States, was long associated with peanuts — an enduring symbol of his humble beginnings and a testament to the values of hard work that he embraced during his lifetime. Before entering the political arena, Carter, who passed away at age 100 on Sunday, Dec. 29, 2024, managed his family's peanut farm in Plains, Georgia, according to the National Park Service (NPS). "The key to peanut harvest was the threshing machine, which we called a ‘picker’ because it picked the nuts from the vines ," said Carter, the NPS noted. JIMMY CARTER SPENT NEARLY 2 YEARS IN HOSPICE CARE BEFORE HIS DEATH "It was most often driven by a flat belt from the rear axle or wheel of a truck , and the dried stacks were hauled to it on wooden sleds, each pulled by a mule," Carter also said, the same source reported. He added, "This was a big and important operation and involved all the men on the place." President Jimmy Carter, who passed away on Dec. 29, 2024, grew up on his family's peanut farm, eventually expanding it into a profitable business. (National Park Service) After his father passed, Carter resigned from the U.S. Navy in 1953. He saw fortune in expanding the three acres of peanuts on the farm. For more Lifestyle articles, visit www.foxnews.com/lifestyle Carter began growing peanut seeds himself, opening "Carter’s Warehouse," which sold seeds and shelling. President Carter was a peanut farmer in Georgia before entering the political arena. (Jessica McGowan/Getty Images) The agri-business also supplied corn, ginned cotton, liquid nitrogen, bulk fertilizer and lime. Carter’s connection to peanuts became a defining feature of his public image. CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER It became a symbol for his White House bid, reflecting his dedication to representing everyday Americans. The Jimmy Carter Presidential Campaign Committee even handed out bags of peanuts with "Jimmy Carter for President" during his run against Republican Gerald Ford. Carter's favorite crop followed him throughout his lifetime. (Smithsonian Institution) In Oct. 1977, President Carter and first lady Rosalynn Carter hosted a Peanut Brigade Party. CLICK HERE TO GET THE FOX NEWS APP The First Family hosted 500 Georgian supporters on the South Lawn for a barbecue and boiled peanuts , according to the White House Historical Association (WHAA).Oklahoma's throwback offensive approach against Alabama gets LSU's attentionRed Cat Holdings Q2 Earnings: Revenue, EPS Miss Estimates As Drone Company Prioritizes Long-Term Growth Over Short-Term Sales
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Budget cuts and their ripple effect on the future of educationNASCAR Champions Shine at 2024 Charlotte Awards BanquetLou Basenese, chief market strategist at Public Ventures LLC, spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check out the transcript of the conversation below, which has been lightly edited for length and clarity. ANDY MILLS: How should investors feel about Trump’s appointment of Scott Bessent as treasury secretary? LOU BASENESE: Yeah, man, it should be a huge sigh of relief. I think this was probably one of the more challenging and difficult and anxiety-ridden cabinet appointments. I think there was a fear that he would pick someone that had a Fed DNA that would be very antagonistic with what Trump and the pro-markets stance has on it. So I think picking someone that’s experienced, that’s a known quantity to Wall Street, will give investors the confidence that he can thread that needle, right? So, because we have a president-elect coming into power that is defying pretty much standard economic principles, being pro-tax cuts, pro-tariff, pro-energy independence, those things don’t always sync up well together with a booming economy and inflation under control. So I think Scott Bessent is, if there’s a person for the job, it’s him. But that being said, he’s gotta deliver now, too. AM: Do you think he’ll carry through Trump’s idea for tariffs? LB: Yeah, I view tariffs as a big stick that we threaten with to really get some economic trade partnerships agreed upon. So it’s promising that Bessent came out with this 3-3-3 proposal, right, where you’re gonna get spending down to 3% of GDP, keep GDP growth at 3%, and then increase energy production by 3 million barrels extra a year. I think those are tangible, real goals and targets that he’s now gotta get after. So I think the tariff stance, I think he’ll soften Trump’s tariff stance. I think that’s what people and investors are responding to right now is the fact that it’s not gonna be just all Trump, all tariffs that best will really be the buffer for that. AM: How do you see these tariffs affecting housing prices given that the majority of our lumber comes from Canada? LB: Yeah, I think there could be temporary increases, right? Like I said before, I think that tariff threat is a big stick. If we look historically, these tariffs don’t last very long and they’re not really a huge percentage of the economy. I think if we looked at the data from last year, it’s about 80 to 100 billion dollars in tariff receipts. You’re talking about less than half a point on GDP growth if you really got rid of those tariffs or doubled them. So again, I think it’s more threat and fear of the down-the-road repercussions. And if we look at last time, the 2016 tariffs really didn’t kick in higher prices until 2018, 2019. So it’s not an immediate impact. Therefore it’s not one that we can put a finger and say if X then Y is immediately gonna happen. I think we’ll have to wait and see. AM: Trump’s made some controversial picks, too. Who are the best cabinet picks for investors and the worst you think? LB: Whew, I’m a glass half full guy, so I’ll focus more on the best. I think Makary for FDA makes the most sense. And we talk about biotech, he’s a practitioner and researcher first. So when a pancreatic surgeon, cancer surgeon — cancer is one of the areas of disease management that we have the most barbaric approaches to. So we really need a lot of innovation focus there on drug approvals that are in the clinic. It’s the hardest to get cancer drugs approved. It’s usually about 3% of cancer drugs that go into the clinic actually get approved. Takes seven to eight years, can cost up upwards of $2 billion. We need to shorten and compress that for good patient care. So I think that’s a great pick. A practitioner. The one that scares me maybe a little bit is Dr. Oz. I mean that’s celebrity over practitioner for most practical purposes. I don’t know that that translates into politics, right? I think politics is a game of popularity on the front end and practicality on the back end. And a lot of politicians that get elected get into the machine and realize this is a lot harder to maneuver. It’s a lot harder to have an impact. I think Dr. Oz might be one of those guys that runs into that brick wall of reality. But to be determined. AM: How might that be reflected in the market with a Dr. Oz appointment? LB: Yeah, I think it’s tangential. I don’t think there’s any cabinet picks right now that scare me market-wise. Another good one for me was Chris Wright for energy secretary. I mean from Liberty Energy ( LBRT ) , that’s a fracking operation that understands energy independence, but can be very pragmatic. I think what we have to learn is just this is not a complete abandonment of renewables. It’s getting to reasonable renewable targets, right? We can’t just set an arbitrary deadline to transition. And the reality is we can’t ever fully transition. We have to have a good balance. So I think that includes fracking, that includes wind and solar. What that balance is, we have some practical guidelines from states like Texas. They got to north of 40% renewables and the grid started to collapse. So on a whole, the country’s at about 23% renewables. So that sweet spot is probably somewhere in that 30 to 35%. I think Chris Wright is a practical person that will understand the balance because he has been a businessman maneuvering between different administrations, both Republican and Democrat. I think he could do a good job of managing our energy policy to be both being conservationist, but also pragmatic about hey, what does our country need to be independent, keep prices down? AM: Taking all this into consideration, what are some of your top stock picks going into 2025? LB: Yeah, so not individual recommendations because I don’t know everyone’s situation. That’s the disclaimer. If I look at the market as a whole though, I think there’s areas of opportunity still. You look at small caps, they’ve just consistently lagged large caps. They’re trading at much cheaper prices. So at about 14, 15 times earnings versus 20-plus for large caps. I like to buy low, sell high. I think all investors do. Another area is biotech, right? We talked about the favorable appointments from a cabinet perspective, but if we just look at the valuations in biotech, that area of the market has really been left for dead unfortunately. But those innovations are desperately needed. So the XBI ( XBI ) index is a great way to measure the smaller innovators in biotech, still probably needs to increase another 50 to 60% to get to its 2021 highs. So there are areas of froth in the market for sure, but then there’s areas of opportunity and I think for us, we’re looking at small caps, biotech in particular. AM: Gotcha. The XBI index, is that an ETF? LB: There is an ETF by XBI. So the XBI, it tends to bring in some of the smaller biotechs. If you went for just a standard S&P biotech index, it gets a lot more larger caps in there. So yeah, the ticker on that is XBI. 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
WOONSOCKET, R.I. , Dec. 16, 2024 /PRNewswire/ -- CVS Health Corporation ("CVS Health" or the "Company," NYSE: CVS) announced today the applicable Reference Yields and Total Consideration (each as summarized in the tables below) to be paid in connection with the previously announced cash tender offer (the "Maximum Tender Offer" ) for the maximum principal amount of the following series of Maximum Tender Offer Notes (as defined below) for which the aggregate purchase price, not including Accrued Interest (as defined below), payable in respect of such Maximum Tender Offer Notes, does not exceed $1,774,423,242.62 (such maximum purchase price, the "Maximum Tender Offer Amount"): its 2.700% Senior Notes due 2040, the 3.875% Senior Notes due 2047 issued by its wholly-owned subsidiary Aetna Inc. ("Aetna"), its 4.250% Senior Notes due 2050, the 4.125% Senior Notes due 2042 issued by Aetna, its 4.125% Senior Notes due 2040, its 2.125% Senior Notes due 2031, its 1.875% Senior Notes due 2031, its 5.050% Senior Notes due 2048, the 4.500% Senior Notes due 2042 issued by Aetna and its 1.750% Senior Notes due 2030 (together, the "Maximum Tender Offer Notes"). The applicable Reference Yield for the Maximum Tender Offer Notes and the Total Consideration for the Maximum Tender Offer Notes are summarized in the table below: Maximum Tender Offer Notes : Title of Notes CUSIP Number Original Issuer Principal Amount Outstanding Maturity Date Acceptance Priority Level (1) UST Reference Security Bloomberg Reference Page Fixed Spread (bps) Early Tender Payment (2) Reference Yield (3) Total Consideration (2)(3) Approximate Proration Factor (4) 2.700% Senior Notes due 2040 126650DP2 CVS Health Corporation $1,250,000,000 8/21/2040 1 4.625% due 11/15/2044 FIT1 +110 bps $30 4.676 % $685.54 100 % 3.875% Senior Notes due 2047 00817YAZ1 Aetna Inc. $1,000,000,000 8/15/2047 2 4.625% due 11/15/2044 FIT1 +121 bps $30 4.676 % $750.06 100 % 4.250% Senior Notes due 2050 126650DL1 CVS Health Corporation $750,000,000 4/1/2050 3 4.250% due 8/15/2054 FIT1 +136 bps $30 4.611 % $776.80 100 % 4.125% Senior Notes due 2042 00817YAM0 Aetna Inc. $500,000,000 11/15/2042 4 4.625% due 11/15/2044 FIT1 +122 bps $30 4.676 % $805.69 100 % 4.125% Senior Notes due 2040 126650DK3 CVS Health Corporation $1,000,000,000 4/1/2040 5 4.625% due 11/15/2044 FIT1 +119 bps $30 4.676 % $825.77 57.5 % 2.125% Senior Notes due 2031 126650DR8 CVS Health Corporation $1,000,000,000 9/15/2031 6 4.250% due 11/15/2034 FIT1 +92 bps $30 N/A N/A 0 % 1.875% Senior Notes due 2031 126650DQ0 CVS Health Corporation $1,250,000,000 2/28/2031 7 4.250% due 11/15/2034 FIT1 +87 bps $30 N/A N/A 0 % 5.050% Senior Notes due 2048 126650CZ1 CVS Health Corporation $8,000,000,000 3/25/2048 8 4.250% due 8/15/2054 FIT1 +156 bps $30 N/A N/A 0 % 4.500% Senior Notes due 2042 00817YAJ7 Aetna Inc. $500,000,000 5/15/2042 9 4.625% due 11/15/2044 FIT1 +130 bps $30 N/A N/A 0 % 1.750% Senior Notes due 2030 126650DN7 CVS Health Corporation $1,250,000,000 8/21/2030 10 4.125% due 11/30/2029 FIT1 +106 bps $30 N/A N/A 0 % (1) Subject to each of the Maximum Tender Offer Amount and proration, the principal amount of each series of Maximum Tender Offer Notes that is purchased in the Maximum Tender Offer will be determined in accordance with the applicable acceptance priority level (in numerical priority order) specified in this column. (2) Per $1,000 principal amount of Maximum Tender Offer Notes validly tendered at or prior to the Early Tender Date (as defined below) and accepted for purchase. (3) Pricing information has only been provided for the Maximum Tender Offer Notes that are expected to be fully or partially accepted for tender. (4) The proration factor has been rounded to the nearest tenth of a percentage point for presentation purposes. The Maximum Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated December 2, 2024 (as it may be amended or supplemented from time to time, the "Offer to Purchase"), which sets forth a more detailed description of the Maximum Tender Offer. Copies of the Offer to Purchase are available at www.dfking.com/cvs . The Maximum Tender Offer is open to all registered holders (individually, a "Holder" and collectively, the "Holders") of the Maximum Tender Offer Notes. The Total Consideration payable by CVS Health for the Maximum Tender Offer Notes is a price per $1,000 principal amount calculated as described in the Offer to Purchase in a manner intended to result in a yield to maturity or first par call date, as the case may be, equal to the sum of the yield to maturity of the applicable U.S. Treasury reference security specified in the table above as determined at 10:00 a.m. , New York City time, on December 16, 2024 and the applicable fixed spread shown in the table above. Maximum Tender Offer Notes that were tendered and not validly withdrawn at or prior to 5:00 p.m. , New York City time, on December 13, 2024 (the "Early Tender Date") and that are accepted for purchase will receive the applicable Total Consideration, which includes the Early Tender Payment (as defined in the Offer to Purchase). Maximum Tender Offer Notes that are tendered after the Early Tender Date but at or prior to 5:00 p.m. , New York City time, on December 31, 2024 (the "Maximum Tender Offer Expiration Date") (unless earlier terminated by CVS Health as described in the Offer to Purchase) and that are not validly withdrawn and that are accepted for purchase will receive only the applicable Tender Offer Consideration (as defined in the Offer to Purchase), which is the applicable Total Consideration minus the Early Tender Payment. The Maximum Tender Offer Withdrawal Deadline of 5:00 p.m. , New York City time, on December 13, 2024 has passed and, accordingly, Maximum Tender Offer Notes validly tendered in the Maximum Tender Offer may no longer be withdrawn. The settlement date for the Maximum Tender Offer Notes validly tendered at or prior to the Early Tender Date and accepted for purchase is expected to be December 18, 2024 , the third business day after the Early Tender Date (the "Early Settlement Date"). Although the Maximum Tender Offers is scheduled to expire at 5:00 p.m. , New York City time, on December 31, 2024 , unless extended or terminated, because the aggregate purchase price of Notes validly tendered (and not validly withdrawn) prior to the Early Tender Date exceeded the Maximum Tender Offer Amount, there is not expected to be a Final Settlement Date (as defined in the Offer to Purchase), and no Notes tendered after the Early Tender Date are expected to be accepted for purchase. In addition to the Total Consideration for the Maximum Tender Offer Notes, Holders of the Maximum Tender Offer Notes accepted for purchase on the Early Settlement Date will receive accrued and unpaid interest ("Accrued Interest") on those Maximum Tender Offer Notes from the last interest payment date with respect to those Maximum Tender Offer Notes to, but not including, the Early Settlement Date. CVS Health expressly reserves the right, in its sole discretion, subject to applicable law, to amend, extend or terminate the Maximum Tender Offer with respect to any or all series of Maximum Tender Offer Notes at any time if any condition to the Maximum Tender Offer is not satisfied. The Maximum Tender Offer is not conditioned on any minimum principal amount of Maximum Tender Offer Notes being tendered but the Maximum Tender Offer is subject to certain other general conditions as described in the Offer to Purchase. CVS Health has retained Barclays Capital Inc. and Mizuho Securities USA LLC to act as Dealer Managers for the Maximum Tender Offer. D.F. King & Co., Inc. has been retained to act as the Tender and Information Agent for the Maximum Tender Offer. The Offer to Purchase may be accessed at the following link: http://www.dfking.com/cvs . Requests for assistance relating to the procedures for tendering Maximum Tender Notes may be directed to the Tender and Information Agent either by email at cvs@dfking.com , or by phone (212) 269-5550 (for banks and brokers only) or (800) 487-4870 (for all others toll free). Requests for assistance relating to the terms and conditions of the Maximum Tender Offer may be directed to Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581 (collect) or Mizuho Securities USA LLC at (866) 271-7403 (toll-free) or (212) 205-7741. Beneficial owners may also contact their broker, dealer, commercial bank, trust company or other nominee for assistance. This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, any securities, including the Maximum Tender Offer Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Maximum Tender Offer is being made solely pursuant to the Offer to Purchase made available to Holders of the Maximum Tender Offer Notes. None of CVS Health, the Dealer Managers, Tender and Information Agent or the trustees with respect to the Maximum Tender Offer Notes, or any of their respective affiliates, is making any recommendation as to whether or not Holders should tender or refrain from tendering all or any portion of their Maximum Tender Offer Notes in response to the Maximum Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisers and make their own decisions whether to tender Maximum Tender Offer Notes in the Maximum Tender Offer, and, if so, the principal amount of Maximum Tender Offer Notes to tender. About CVS Health CVS Health is a leading health solutions company building a world of health around every consumer it serves and connecting care so that it works for people wherever they are. As of September 30, 2024 , the Company had more than 9,000 retail locations, more than 900 walk-in medical clinics, more than 225 primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members and expanding specialty pharmacy solutions, and a dedicated senior pharmacy care business serving more than 800,000 patients per year. The Company also serves an estimated more than 36 million people through traditional, voluntary and consumer-directed health insurance products and related services, including expanding Medicare Advantage offerings and a leading standalone Medicare Part D prescription drug plan. The Company is creating new sources of value through its integrated model allowing it to expand into personalized, technology driven care delivery and health services, increasing access to quality care, delivering better health outcomes and lowering overall health care costs. Forward-Looking Statements This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health. By their nature, all forward-looking statements are not guarantees of future performance or results and are subject to risks and uncertainties that are difficult to predict and/or quantify. Actual results may differ materially from those contemplated by the forward-looking statements due to the risks and uncertainties described in our Securities and Exchange Commission filings, including those set forth in the Risk Factors section and under the heading "Cautionary Statement Concerning Forward-Looking Statements" in our most recently filed Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2024 , June 30, 2024 and September 30, 2024 and our Current Reports on Form 8-K. You are cautioned not to place undue reliance on CVS Health's forward-looking statements. CVS Health's forward-looking statements are and will be based upon management's then-current views and assumptions regarding future events and operating performance, and are applicable only as of the dates of such statements. CVS Health does not assume any duty to update or revise forward-looking statements, whether as a result of new information, future events, uncertainties or otherwise. Investor Larry McGrath Media Ethan Slavin Contact: Executive Vice President Contact: 860-273-6095 Chief Strategy Officer & Chief Strategic Advisor to the CEO investorinfo@cvshealth.com Ethan.Slavin@CVSHealth.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cvs-health-corporation-announces-pricing-of-maximum-tender-offer-302333016.html SOURCE CVS Health
MIAMI--(BUSINESS WIRE)--Dec 16, 2024-- Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, today announces the appointment of John J. Diez to president and chief operating officer (COO), effective January 1, 2025. In this new role, Mr. Diez will continue to report to Ryder Chairman and Chief Executive Officer Robert E. Sanchez with responsibility for the general management of all business operations of Ryder’s three business segments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216030723/en/ Ryder System, Inc. appoints John J. Diez to its top operations role as president and chief operating officer (COO), effective January 1, 2025. Succeeding Mr. Diez as Ryder’s Executive Vice President and Chief Financial Officer (CFO) is Cristina Gallo-Acquino. (Photo: Business Wire) In addition, Cristina Gallo-Aquino, most recently senior vice president, controller, and principal accounting officer since August 2020, has been promoted to succeed Mr. Diez as executive vice president and chief financial officer (CFO), effective January 1, 2025. In this role, Ms. Gallo-Aquino will oversee all of Ryder’s financial management functions, including finance and accounting, treasury, tax, audit, investor relations, and continue to serve as principal accounting officer. “At Ryder, we have a commitment to talent development at all levels in our organization. This includes providing leadership opportunities in positions that broaden our team’s capabilities through rotational assignments, as well as providing roles of increasing responsibility that contribute to the long-term progress and stability of our company,” says Mr. Sanchez. “These appointments are an example of that commitment. Both executives bring a powerful combination of industry knowledge to their new roles, complemented by a deep understanding of Ryder’s overall business operations and how our business units collaborate.” During his 22-year tenure at Ryder, Mr. Diez has held a variety of senior business and financial management roles with increasing responsibility. Prior to his current role serving as the company’s executive vice president and chief financial officer since May 2021, he was president of Ryder’s FMS business, leading all areas of global fleet operations, as well as president of the company’s DTS business unit where he led strong revenue growth and improved business returns. Ms. Gallo-Aquino joined Ryder in 2004 and has extensive financial and accounting experience. Prior to her current role, she served as vice president and chief financial officer for the company’s FMS business unit and vice president and corporate controller. NOTE: Headshots of Mr. Diez and Ms. Gallo-Aquino are available in the Ryder Newsroom and via BusinessWire. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain , dedicated transportation , and fleet management solutions, including warehousing and distribution , contract manufacturing and packaging , e-commerce fulfillment , last-mile delivery , managed transportation , professional drivers , freight brokerage , nearshoring solutions, full-service leasing , maintenance , commercial truck rental , and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. www.ryder.com Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. ryder-org View source version on businesswire.com : https://www.businesswire.com/news/home/20241216030723/en/ CONTACT: Media Contact: Amy Federman,afederman@ryder.comInvestor Relations Contact: Calene Candela,ccandela@ryder.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER TRANSPORT TRUCKING AUTOMOTIVE TRANSPORT DELIVERY SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL SUPPLY CHAIN MANAGEMENT FLEET MANAGEMENT SOURCE: Ryder System, Inc. Copyright Business Wire 2024. PUB: 12/16/2024 04:35 PM/DISC: 12/16/2024 04:36 PM http://www.businesswire.com/news/home/20241216030723/enNorth Korean leader Kim Jong Un vowed to implement the “toughest” anti-U.S. policy, state media reported Sunday, less than a month before Donald Trump takes office as U.S. president. Trump’s return to the White House raises prospects for high-profile diplomacy with North Korea. During his first term, Trump met Kim three times for talks on the North's nuclear program. Many experts however say a quick resumption of Kim-Trump summitry is unlikely as Trump would first focus on conflicts in Ukraine and the Middle East. North Korea's support for Russia's war against Ukraine also poses a challenge to efforts to revive diplomacy, experts say. During a five-day plenary meeting of the ruling Workers’ Party that ended Friday, Kim called the U.S. “the most reactionary state that regards anti-communism as its invariable state policy.” Kim said that the U.S.-South Korea-Japan security partnership is expanding into “a nuclear military bloc for aggression." “This reality clearly shows to which direction we should advance and what we should do and how,” Kim said, according to the official Korean Central News Agency. It said Kim's speech “clarified the strategy for the toughest anti-U.S. counteraction to be launched aggressively” by North Korea for its long-term national interests and security. KCNA didn't elaborate on the anti-U.S. strategy. But it said Kim set forth tasks to bolster military capability through defense technology advancements and stressed the need to improve the mental toughness of North Korean soldiers. The previous meetings between Trump and Kim had not only put an end to their exchanges of fiery rhetoric and threats of destruction, but they developed personal connections. Trump once famously said he and Kim “fell in love.” But their talks eventually collapsed in 2019, as they wrangled over U.S.-led sanctions on the North. North Korea has since sharply increased the pace of its weapons testing activities to build more reliable nuclear missiles targeting the U.S. and its allies. The U.S. and South Korea have responded by expanding their military bilateral drills and also trilateral ones involving Japan, drawing strong rebukes from the North, which views such U.S.-led exercises as invasion rehearsals. Further complicating efforts to convince North Korea to abandon its nuclear weapons in return for economic and political benefits is its deepening military cooperation with Russia. According to U.S., Ukrainian and South Korean assessments, North Korea has sent more than 10,000 troops and conventional weapons systems to support Moscow's war against Ukraine. There are concerns that Russia could give North Korea advanced weapons technology in return, including help to build more powerful nuclear missiles. Ukrainian President Volodymyr Zelenskyy said last week that 3,000 North Korean troops have been killed and wounded in the fighting in Russia's Kursk region. It was the first significant estimate by Ukraine of North Korean casualties since the North Korean troop deployment to Russia began in October. Russia and China, locked in separate disputes with the U.S., have repeatedly blocked U.S.-led pushes to levy more U.N. sanctions on North Korea despite its repeated missile tests in defiance of U.N. Security Council resolutions. Last month, Kim said that his past negotiations with the United States only confirmed Washington’s “unchangeable” hostility toward his country and described his nuclear buildup as the only way to counter external threats.
CHENNAI, Dec 29: Terming the PSLV-C60 Spadex Mission as a historic mission, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh said it would mark a significant milestone in demonstrating India’s expertise in space docking technology. India will become the fourth country to master this unique technology that would be key for future inter-planterary missions after US, Russia and China. “ISRO’s year-end mission scheduled for December 30 is going to be a historic one as it will seek the rare feat of docking or merging or joining together two satellites in Space”, he said, according to a PIB release. The project has been named “Space Docking Experiment” (SpaDeX), he said. The whole nation looks forward with bated breath as ISRO is set to achieve a significant milestone in Space technology, he said. In an exclusive media interview, Dr Jitendra Singh elaborated that the upcoming SpaDeX mission aims to dock two satellites in Space, a challenge only mastered by a few countries. This ambitious project will take place on December 30, 2024, under the Space Docking Experiment (SpaDeX) and the indigenous technology used for this mission is called the “Bharatiya Docking System”. “SpaDEX” will mark a milestone, showcasing India’s expertise in spacecraft docking technology. This mission, said Dr Jitendra Singh, will mark India’s entry into the exclusive league of nations capable of mastering space docking. A unique approach, the PSLV rocket, will launch two satellites equipped with the ‘Bhartiya Docking System’ to demonstrate this complex feat, he added. The success of this mission is vital for India’s future space ambitions, said the Minister. Docking technology is key for long-term missions like “Chandrayaan-4” and the planned Indian space station. It is also crucial for the eventual manned “Gaganyaan” mission, the Minister said. In the near vacuum of Space, the handout said, ISRO will attempt to dock two satellites orbiting at speeds of 28,800 km/h. This is a challenging task, as both satellites must be carefully manoeuvred to reduce their relative velocities to a mere 0.036 km/h. The two satellites, designated ‘Chaser’ and ‘Target’, will merge to form a single unit in Space. ISRO’s achievement will place India among the world’s space leaders, marking a step towards greater space exploration and innovation. SpaDeX is a significant milestone that paves the way for more complex space missions in the coming years. “ISRO’s SpaDEX mission is set to launch on December 30, 2024, will demonstrate India’s Spacecraft Docking technology, marking a crucial step in space exploration and satellite servicing capabilities”, Dr Jitendra said. “India is preparing for a key step in space exploration. ISRO will launch the Space Docking Experiment (SpaDEX) on December 30, 2024. The mission will use PSLV-C60, lifting off at 21:58 IST from Sriharikota. SpaDEX marks a milestone, showcasing India’s expertise in spacecraft docking technology”, he added. SpaDEX will deploy two identical satellites, SDX01 and SDX02. Each satellite weighs around 220 kg and will orbit 470 km above Earth. Key objectives include Performing precision rendezvous and docking manoeuvres, Validating power transfer between docked spacecraft and Operating payloads post-undocking, with a two-year lifespan. This mission is essential for future endeavours, including satellite servicing and building India’s space station, Bharatiya Antriksh Station. SpaDEX will also use PSLV’s fourth stage, POEM-4, for experiments. The stage will be carrying 24 payloads from academic institutions and startups. These experiments will utilise the microgravity environment in orbit. SpaDEX will demonstrate docking and undocking capabilities between satellites. This includes transferring power and operating scientific payloads. The mission will simulate a sequence of manoeuvres, starting with a far rendezvous phase at 20 km and ending with docking at 3 metres. This capability is vital for India’s lunar and interplanetary missions. Docking technology enables multi-launch missions and supports future human spaceflight. Only the US, Russia, and China have mastered such advancements so far. (UNI)Man City player ratings vs Feyenoord with one 4/10 and three 5/10s after dramatic Blues collapse
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.
CHICAGO — With a wave of her bangled brown fingertips to the melody of flutes and chimes, artist, theologian and academic Tricia Hersey enchanted a crowd into a dreamlike state of rest at Semicolon Books on North Michigan Avenue. “The systems can’t have you,” Hersey said into the microphone, reading mantras while leading the crowd in a group daydreaming exercise on a recent Tuesday night. The South Side native tackles many of society’s ills — racism, patriarchy, aggressive capitalism and ableism — through an undervalued yet impactful action: rest. Hersey, the founder of a movement called the Nap Ministry, dubs herself the Nap Bishop and spreads her message to over half a million followers on her Instagram account, @thenapministry . Her first book, “Rest Is Resistance: A Manifesto,” became a New York Times bestseller in 2022, but Hersey has been talking about rest online and through her art for nearly a decade. Hersey, who has degrees in public health and divinity, originated the “rest as resistance” and “rest as reparations” frameworks after experimenting with rest as an exhausted graduate student in seminary. Once she started napping, she felt happier and her grades improved. But she also felt more connected to her ancestors; her work was informed by the cultural trauma of slavery that she was studying as an archivist. Hersey described the transformation as “life-changing.” The Nap Ministry began as performance art in 2017, with a small installation where 40 people joined Hersey in a collective nap. Since then, her message has morphed into multiple mediums and forms. Hersey, who now lives in Atlanta, has hosted over 100 collective naps, given lectures and facilitated meditations across the country. She’s even led a rest ritual in the bedroom of Jane Addams , and encourages her followers to dial in at her “Rest Hotline.” At Semicolon, some of those followers and newcomers came out to see Hersey in discussion with journalist Natalie Moore on Hersey’s latest book, “We Will Rest! The Art of Escape,” released this month, and to learn what it means to take a moment to rest in community. Moore recalled a time when she was trying to get ahead of chores on a weeknight. “I was like, ‘If I do this, then I’ll have less to do tomorrow.’ But then I was really tired,” Moore said. “I thought, ‘What would my Nap Bishop say? She would say go lay down.’ Tricia is in my head a lot.” At the event, Al Kelly, 33, of Rogers Park, said some of those seated in the crowd of mostly Black women woke up in tears — possibly because, for the first time, someone permitted them to rest. “It was so emotional and allowed me to think creatively about things that I want to work on and achieve,” Kelly said. Shortly after the program, Juliette Viassy, 33, a program manager who lives in the South Loop and is new to Hersey’s work, said this was her first time meditating after never being able to do it on her own. Therapist Lyndsei Howze, 33, of Printers Row, who was also seated at the book talk, said she recommends Hersey’s work “to everybody who will listen” — from her clients to her own friends. “A lot of mental health conditions come from lack of rest,” she said. “They come from exhaustion.” Before discovering Hersey’s work this spring, Howze said she and her friends sporadically napped together in one friend’s apartment after an exhausting workweek. “It felt so good just to rest in community,” she said. On Hersey’s book tour, she is leading exercises like this across the country. “I think we need to collectively do this,” Hersey explained. “We need to learn again how to daydream because we’ve been told not to do it. I don’t think most people even have a daydreaming practice.” Daydreaming, Hersey said, allows people to imagine a new world. Hersey tells her followers that yes, you can rest, even when your agenda is packed, even between caregiving, commuting, jobs, bills, emails and other daily demands. And you don’t have to do it alone. There is a community of escape artists, she said of the people who opt out of grind and hustle culture, waiting to embrace you. The book is part pocket prayer book, part instruction manual, with art and handmade typography by San Francisco-based artist George McCalman inspired by 19th-century abolitionist pamphlets, urging readers to reclaim their divine right to rest. Hersey directs her readers like an operative with instructions for a classified mission. “Let grind culture know you are not playing around,” she wrote in her book. “This is not a game or time to shrink. Your thriving depends on the art of escape.” The reluctance to rest can be rooted in capitalist culture presenting rest as a reward for productivity instead of a physical and mental necessity. Hersey deconstructs this idea of grind culture, which she says is rooted in the combined effects of white supremacy, patriarchy and capitalism that “look at the body as not human.” American culture encourages grind culture, Hersey said, but slowing down and building a ritual of rest can offset its toxicity. The author eschews the ballooning billion-dollar self-care industry that encourages people to “save enough money and time off from work to fly away to an expensive retreat,” she wrote. Instead, she says rest can happen anywhere you have a place to be comfortable: in nature, on a yoga mat, in the car between shifts, on a cozy couch after work. Resting isn’t just napping either. She praises long showers, sipping warm tea, playing music, praying or numerous other relaxing activities that slow down the body. “We’re in a crisis mode of deep sleep deprivation, deep lack of self-worth, (and) mental health,” said Hersey. According to Centers for Disease Control and Prevention data from 2022 , in Illinois about 37% of adults aren’t getting the rest they need at night. If ignored, the effects of sleep deprivation can have bigger implications later, Hersey said. In October, she lectured at a sleep conference at Gustavus Adolphus College in Minnesota, where her humanities work was featured alongside research from the world’s top neuroscientists. Jennifer Mundt, a Northwestern clinician and professor of sleep medicine, psychiatry and behavioral sciences, praises Hersey for bringing the issue of sleep and rest to the public. In a Tribune op-ed last year, Mundt argued that our culture focuses too heavily on sleep as something that must be earned rather than a vital aspect of health and that linking sleep to productivity is harmful and stigmatizing. “Linking sleep and productivity is harmful because it overshadows the bevy of other reasons to prioritize sleep as an essential component of health,” Mundt wrote. “It also stigmatizes groups that are affected by sleep disparities and certain chronic sleep disorders.” In a 30-year longitudinal study released in the spring by the New York University School of Social Work, people who worked long hours and late shifts reported the lowest sleep quality and lowest physical and mental functions, and the highest likelihood of reporting poor health and depression at age 50. The study also showed that Black men and women with limited education “were more likely than others to shoulder the harmful links between nonstandard work schedules and sleep and health, worsening their probability of maintaining and nurturing their health as they approach middle adulthood.” The CDC links sleeping fewer than seven hours a day to an increased risk of obesity, diabetes, hypertension, heart disease and more. Although the Nap Ministry movement is new for her followers, Hersey’s written about her family’s practice of prioritizing rest, which informs her work. Her dad was a community organizer, a yardmaster for the Union Pacific Railroad Co. and an assistant pastor. Before long hours of work, he would dedicate hours each day to self-care. Hersey also grew up observing her grandma meditate for 30 minutes daily. Through rest, Hersey said she honors her ancestors who were enslaved and confronts generational trauma. When “Rest Is Resistance” was released in 2022, Americans were navigating a pandemic and conversations on glaring racial disparities. “We Will Rest!” comes on the heels of a historic presidential election where Black women fundraised for Vice President Kamala Harris and registered voters in a dizzying three-month campaign. Following Harris’ defeat, many of those women are finding self-care and preservation even more important. “There are a lot of Black women announcing how exhausted they are,” Moore said. “This could be their entry point to get to know (Hersey’s) work, which is bigger than whatever political wind is blowing right now.” Hersey said Chicagoans can meet kindred spirits in her environment of rest. Haji Healing Salon, a wellness center, and the social justice-focused Free Street Theater are sites where Hersey honed her craft and found community. In the fall, the theater put on “Rest/Reposo,” a performance featuring a community naptime outdoors in McKinley Park and in its Back of the Yards space. Haji is also an apothecary and hosts community healing activities, sound meditations and yoga classes. “It is in Bronzeville; it’s a beautiful space owned by my friend Aya,” Hersey said, explaining how her community has helped her build the Nap Ministry. “When I first started the Nap Ministry, before I was even understanding what it was, she was like, come do your work here.” “We Will Rest!” is a collection of poems, drawings and short passages. In contrast to her first book, Hersey said she leaned more into her artistic background; the art process alone took 18 months to complete. After a tough year for many, she considers it medicine for a “sick and exhausted” world. “It’s its own sacred document,” Hersey said. “It’s something that, if you have it in your library and you have it with you, you may feel more human.” lazu@chicagotribune.com
WASHINGTON — Jimmy Carter, who died at the age of 100, swept to power promising never to lie to the American people. In the turbulent aftermath of Watergate, the former peanut farmer from Georgia pardoned Vietnam draft evaders and became the first US leader to take climate change seriously. On the international stage, he helped to broker a historic peace agreement between Egypt and Israel, but he struggled to deal with the Iran hostage crisis and the Soviet invasion of Afghanistan. After a single term in office, he was swept aside by Republican Ronald Reagan in the 1980 election, winning just six states. Having left the White House, Carter did much to restore his reputation: becoming a tireless worker for peace, the environment and human rights, for which he was recognized with a Nobel Peace Prize. The longest-lived president in US history, he celebrated his 100th birthday in October 2024. He had been treated for cancer and had spent the last 19 months in hospice care. James Earl Carter Jr was born on 1 October 1924 in the small town of Plains, Georgia, the eldest of four children. His segregationist father had started the family peanut business, and his mother, Lillian, was a registered nurse. Carter's experience of the Great Depression and staunch Baptist faith underpinned his political philosophy. A star basketball player in high school, he went on to spend seven years in the US Navy - during which time he married Rosalynn, a friend of his sister - and became a submarine officer. But on the death of his father in 1953, he returned to run the ailing family farm. The first year's crop failed through drought, but Carter turned the business around and made himself wealthy in the process. He entered politics on the ground floor, elected to a series of local school and library boards, before running for the Georgia Senate. American politics was ablaze following the Supreme Court's decision to desegregate schools. With his background as a farmer from a southern state, Carter might have been expected to oppose reform - but he had different views to his father. While serving two terms in the state Senate, he avoided clashes with segregationists - including many in the Democratic party. But on becoming Georgia governor in 1970, he became more overt in his support of civil rights. "I say to you quite frankly," he declared in his inaugural speech, "that the time for racial discrimination is over." He placed pictures of Martin Luther King on the walls of the capitol building, as the Ku Klux Klan demonstrated outside. He made sure that African Americans were appointed to public offices. However, he found it difficult balancing his strong Christian faith with his liberal instincts when it came to abortion law. Although he supported the rights of women to terminate pregnancy, he refused to increase funding to make this possible. As Carter launched his campaign for the presidency in 1974, the nation was still reeling from the Watergate scandal. He put himself forward as a simple peanut farmer, untainted by the questionable ethics of professional politicians on Capitol Hill. His timing was excellent. Americans wanted an outsider and Carter fitted the bill. There was surprise when he admitted (in an interview with Playboy magazine) that he had "committed adultery in my heart many times". But there proved to be no skeletons in his closet. In the beginning, polls suggested he was only supported by around 4% of Democrats. Yet, just nine months later, he toppled the incumbent president Gerald Ford, a Republican. On his first full day in office, he pardoned hundreds of thousands of men who had evaded service in Vietnam — either by fleeing abroad or failing to register with their local draft board. One Republican critic, Senator Barry Goldwater, described the decision as "the most disgraceful thing that a president has ever done". Carter confessed that it was the hardest decision he had made in office. He appointed women to key positions in his administration and encouraged Rosalynn to maintain a national profile as First Lady. He championed (unsuccessfully) an Equal Rights Amendment to the US Constitution which would have promised legal protection against discrimination on the grounds of sex. One of the first international leaders to take climate change seriously, Carter wore jeans and sweaters in the White House, and turned down the heating to conserve energy. He installed solar panels on the roof — which were later taken down by President Ronald Reagan — and passed laws to protect millions of acres of unspoiled land in Alaska from development. His televised "fireside chats'" were consciously relaxed, but this approach seemed too informal as problems mounted. As the American economy slipped into recession, Carter's popularity began to fall. He tried to persuade the country to accept stringent measures to deal with the energy crisis - including gasoline rationing - but faced bitter opposition in Congress. Plans to introduce a universal healthcare system also foundered in the legislature, while unemployment and interest rates both soared. His Middle East policy began in triumph, with President Sadat of Egypt and Prime Minister Begin of Israel signing the Camp David accords in 1978. But success abroad was short-lived. The revolution in Iran, which led to the taking of American hostages, and the Soviet invasion of Afghanistan were severe tests. Carter broke off diplomatic relations with Tehran and implemented trade sanctions in a desperate effort to free the Americans. An attempt to rescue them by force was a disaster, leaving eight American servicemen dead. The incident almost certainly put an end to any hope of re-election. Carter fought off a serious challenge from Senator Edward Kennedy for the 1980 Democratic presidential nomination, and achieved 41% of the popular vote in the subsequent election. But it was not nearly enough to see off his Republican opponent, Ronald Reagan. The former actor swept into the White House with an electoral college landslide. On the last day of his presidency, Carter announced the successful completion of the negotiations for the release of the hostages. Iran had delayed the time of their departure until after President Reagan was sworn in. On leaving office, Carter had one of the lowest approval ratings of any US president. But in subsequent years, he did much to restore his reputation. On behalf of the US government, he undertook a peace mission to North Korea which ultimately resulted in the Agreed Framework, an early effort to reach an accord on dismantling its nuclear arsenal. His library, the Carter Presidential Center, became an influential clearing house of ideas and programmes intended to solve international problems and crises. In 2002, Carter became the third US president, after Theodore Roosevelt and Woodrow Wilson, to win the Nobel Peace Prize - and the only one to earn it for his post-presidency work. "The most serious and universal problem," he said in his Nobel lecture, "is the growing chasm between the richest and the poorest people on earth." With Nelson Mandela, he founded The Elders, a group of global leaders who committed themselves to work on peace and human rights. In retirement, Carter opted for a modest lifestyle. He eschewed lucrative speaking appearances and seats on corporate boards for a simple life with Rosalynn in Plains, Georgia, where both were born. Carter did not want to make money from his time in the Oval Office. "I don't see anything wrong with it; I don't blame other people for doing it," he told the Washington Post. "It just never had been my ambition to be rich." He was the only modern president to return full-time to the house he had lived in before he entered politics, a single-floor, two-bedroom home. According to the Post, the Carters' home was valued at $167,000 - less than the Secret Service vehicles parked outside to protect them. In 2015, he announced that he was being treated for cancer, the disease that killed both his parents and three sisters. Just a few months after surgery for a broken hip, he was back to work as a volunteer builder with Habitat for Humanity. The former president and his wife began work with the charity in 1984, and helped to repair more than 4,000 homes in the years since. He continued to teach at a Sunday school at Maranatha Baptist Church in Plains, sometimes welcoming Democratic presidential hopefuls to his class. In November 2023, Rosalynn Carter died. In tribute, the former president said that his wife of 77 years was "my equal partner in everything I ever accomplished". Celebrating his centenary a year later, Carter proved that he still had political antennae. "I'm only trying to make it to vote for Kamala Harris" in November's election, he said. He did manage to cast a ballot for her, although his home state of Georgia ultimately voted for Donald Trump. Carter's political philosophy contained the sometimes conflicting elements of a conservative small-town upbringing, and his natural liberal instincts. But what really drove his lifetime of public service were his deeply held religious beliefs. "You cannot divorce religious belief and public service," he said. "I've never detected any conflict between God's will and my political duty. If you violate one, you violate the other." — BBC < Previous Page Next Page >Prime Minister leads tributes to former US president Jimmy Carter