How Aussie mums are making white clothes bright again with White King stain removerFacepalm: Microsoft introduced the Windows Insider testing program as a way to improve the platform by collecting distributed feedback. Since 2014, millions of Insiders have been "testing" new Windows features. Yet, despite their input, every major upgrade still brings fresh headaches and compatibility issues to the operating system. Microsoft has acknowledged yet another issue in Windows 11, version 24H2. According to the company's official dashboard for known issues, some Ubisoft games are experiencing significant problems after users install the latest Windows update. The affected titles may become unresponsive or even display a "black screen" before crashing. The impacted games include Assassin's Creed Valhalla, Assassin's Creed Origins, Assassin's Creed Odyssey, Star Wars Outlaws, and Avatar: Frontiers of Pandora. Ubisoft has released a temporary fix for Star Wars Outlaws, but the patch may introduce additional performance issues. Microsoft has yet to explain why so many Ubisoft games are encountering these problems. To prevent further disruption, Microsoft has blocked the installation of Windows 11 24H2 on systems with the affected games. The company is advising users to avoid manually upgrading their systems until the issue is resolved. Meanwhile, Microsoft and Ubisoft are collaborating to develop a permanent fix. Frustrated users have taken to social media to voice their dissatisfaction with both Ubisoft and the "very, very broken" 24H2 release of Windows 11. Gamers have been grappling with these issues for weeks, attempting to troubleshoot on their own by checking the Uplay launcher, updating GPU drivers, installing Visual C++ Redistributable packages, and trying various other fixes. Despite the efforts, nothing has worked. Understandably, users who recently purchased brand-new gaming systems or hardware components are particularly frustrated. For now, Microsoft has only suggested a few "workarounds" for unresponsive games, such as forcibly closing the application through task manager. Another (unofficial) option is downgrading the operating system to version 23H2, though some users report experiencing game crashes on that version as well. Beyond gaming-related problems, Windows 11 24H2 is displaying broader instability and incompatibility issues with various hardware and software. Shortly after the upgrade began rolling out last month, owners of WD SSDs reported bugs and BSOD crashes caused by poorly managed I/O caching operations. The Windows Insider program, which aims to transform "technically able" users into effective OS beta testers, appears to be struggling to meet its goals at this point.
Key posts 7.45am Coalition MPs left confused by daylight savings mix-up 7.11am ‘Wherever the wind takes me’: Year 12 graduates celebrate top ATAR scores 6.32am Why we can’t bring you in-depth year 12 results analysis like our sister papers in Sydney and Melbourne 6.11am Coalition MPs avoid promising cheaper power bills if they win government 5.12am Residents offered sandbags as higher-than-average tides expected Hide key posts Posts area Latest 1 of 2 Oldest Latest posts Pinned post from 7.45am Coalition MPs left confused by daylight savings mix-up By Paul Sakkal A timing mess-up has left dozens of Coalition MPs scratching their heads waiting for Peter Dutton to brief them on the party’s nuclear costings. MPs were told of an online party room meeting at 10am AEST. Loading Most took this to mean 10am AEDT, or “daylight savings time”, so a big group of MPs including frontbenchers Dan Tehan and Michaelia Cash logged onto the call. Tehan and others spoke on the hook-up trying to figure out when it was starting. Chief whip Bert Van Manen, a Queensland member, then clarified in a party WhatsApp group at about 10.20am that the meeting was actually beginning at 10am Brisbane time. He told the group to come back at 11am Sydney, Melbourne and Tasmania time. “Yeah we are going to build seven nuclear plants on time...” one MP said of the mess-up. Dutton was due to address the media in Brisbane at 9.30am AEST. Latest posts 7.40am Labor not keen to discuss broken power price promise By Josefine Ganko It wasn’t just the Coalition dodging questions this morning, with Labor frontbenchers Chris Bowen and Bill Shorten playing coy on the broken 2022 election promise that power bills would come down by $275 by 2023. Energy Minister Chris Bowen was asked if he regretted making the promise in 2022, but he was keen to redirect the question to discuss the cost of renewable energy. Minister for Climate Change and Energy Chris Bowen. Credit: Alex Ellinghausen “I don’t regret obviously pointing out that renewables are the cheapest form of energy,” Bowen said. “I look forward to debating the competing plans before the Australian people at the next election.” Pushed to answer the question again, Bowen said we were dealing with “a different set of circumstances internationally” post-2022. “Australia’s increase in energy prices has been less than a lot of other comparable countries. We delivered billions of dollars of energy bill relief, which has been the appropriate thing to do, which has been opposed by the Liberal and National Party.” Asked about the promise on Nine’s Today , NDIS Minister Bill Shorten also opted to pivot to the Coalition’s nuclear plan. “We know that energy prices are part of the cost-of-living pressure on families. That’s why I think that the heroic assumptions of Peter Dutton promising some fanciful solution in 25 years’ time is just a crock,” Shorten said. “The idea we’re going to come from scratch and build a whole nuclear industry in Australia is, you know, just a fantasy.” 7.11am ‘Wherever the wind takes me’: Year 12 graduates celebrate top ATAR scores By Courtney Kruk The wait is over for Queensland’s year 12 graduates, with school-leavers across the state receiving their Australian Tertiary Admission Rank (ATAR) results this morning. This year, 28,845 graduates received an ATAR – about 1000 more than last year – with 36 students achieving a top result of 99.95. ATARs were made available to eligible students through Queensland Tertiary Admission Centre (QTAC). Big smiles for Lachlan Howie and Kaiyu Su, two of the 36 students in Queensland to receive top ATAR scores of 99.95. Credit: QTAC Seventeen-year-old Brisbane Girls Grammar graduate Kaiyu Su was among those to achieve the top score. “I was definitely hoping for it but it’s been great to see that it’s a 99.95,” she said. “[I’m] definitely very happy and excited for where it might take me.” Read the full story. 6.45am Police Minister and Transport Minister speak to media Advertisement 6.32am Why we can’t bring you in-depth year 12 results analysis like our sister papers in Sydney and Melbourne By Felicity Caldwell Queensland year 12 graduates are getting their ATAR results this morning, providing their ticket to tertiary study. But the Queensland government has not released the full data for year 12 results for years. The information released today in Queensland will include overall figures for the state, such as how many students received an ATAR and how many got the top rank of 99.95. Hardly illuminating. In comparison, our colleagues at The Sydney Morning Herald and The Age can access individual school data, which they can use to celebrate wins, including when students get great results against the odds. Queensland journalists can only get school-by-school data if they contact each school individually, and putting aside resourcing issues in stretched newsrooms for a minute, it would hardly be surprising if only the top-performing schools were happy to share – and we all know how controversial these media-created league tables are, especially if they lack context about a school’s socio-economic background. Without the full data, we can’t understand individual school data in its proper context and explain it. This was not always the case in Queensland. Before the OP system was swapped for ATARs, the Queensland Curriculum and Assessment Authority released a more than 200-page report showing how many students received OPs in each bracket at each individual school , but this was discontinued in 2021 under the ATAR system, with a brief Queensland-wide report now produced. NSW and Victoria also use ATAR, but release more comprehensive results than the Sunshine State. Amid our constraints, Brisbane Times journalist Courtney Kruk has put together a story celebrating the achievements of this year’s graduates. We’d love to have brought you even more. 6.23am Michael Rowland and Patricia Karvelas sign off from flagship ABC shows By Kayla Olaya and Josefine Ganko Two of the ABC’s most well-known broadcasters, Patricia Karvelas and Michael Rowland, have signed off for the final time from their respective morning programs. Rowland wrapped up nearly 15 years at ABC News Breakfast helm in an emotional final bulletin surrounded by his family and colleagues. ABC News Breakfast host Michael Rowland has signed off after 15 years in the role. Credit: ABC “Thank you very much, It’s been wonderful,” said Rowland. “I have been genuinely touched and overwhelmed by the outpouring of love and affection from our viewers. One of my great achievements over the last 15 years has been building up this fantastic audience.” Meanwhile, Karvelas signed off after three years hosting ABC’s flagship morning radio show RN Breakfast. “You’ve been there with me throughout great change in our country and the world, and I want to thank you for it,” Karvelas said, thanking listeners and the Radio National team. Karvelas reflected on her “uniquely Australian” story, growing up in a household where she didn’t speak English. Patricia Karvelas has been filling in as host since Grant’s departure and will now stay in the chair until the end of the year. Credit: Scott McNaughton “Because of a strong public education system and dedicated teachers and incredible family support, I got to grow up and host a national radio show where rigour and curiosity is at the centre of what we do,” she said. Karvelas wished the best of luck to her replacement Sally Sara. “I’ll be listening because I care about this show, and I care about journalism, and I care about telling the truth in a world where the truth is not to be contested.” 6.11am Coalition MPs avoid promising cheaper power bills if they win government By Josefine Ganko Coalition frontbenchers have avoided promising energy bills will be cheaper if they win government, as Opposition Leader Peter Dutton prepares to reveal the costings of his signature nuclear policy later today. Nationals Senator Bridget McKenzie and MP Barnaby Joyce were both asked if they would pledge power would be cheaper under the Coalition, but both dodged the question. McKenzie was asked on Nine’s Today , where she first said that the price is attached to the “cost of delivering something”. Loading “And our plan is absolutely cheaper than Labor’s plan to get to 2050,” she said. Asked again if the Coalition would bring down power bills, McKenzie weaved again, saying prices would come down in the longer term. “By adding net zero nuclear to firm up the renewables that we’ve got in the grid as well, is the way to actually get prices down over the long term,” she said. Joyve was asked the same question on ABC’s RN Breakfast. On the fifth iteration of the question, would power bills come down under the Coalition, Joyce finally answered: “That is asking for a hypothetical question, which I could answer you, but I would not be telling the truth, because I don’t have the facts before me.” Advertisement 5.44am Airports brace for chaos as Qantas engineers begin 24-hour strike By Josefine Ganko Airports around the country are bracing for chaos as hundreds of Qantas engineers walk off the job. But the airline has assured customers there will be no impact on their travel plans on one of the busiest travel days of the year. About 500 workers from three different unions began a 24-hour strike action at 3.30am this morning. It’s expected to impact major airports across the country, including Brisbane, Sydney, Melbourne, Perth and Adelaide, and will end at 7.30am on Saturday. Friday marks the first day of the six-week summer travel period when 13.5 million travellers pass through Australia’s domestic airports. It’s also the first day of school holidays in Queensland, South Australia and Western Australia. The striking workers, responsible for the towing and marshalling of planes, are calling for a 5 per cent per year pay increase over 5 years after what they say is 3.5 years of frozen wages. Qantas says it has put forward a competitive package with 3 per cent per year over three years, with negotiations now at a stalemate. Australian Manufacturing Workers’ Union National Secretary Steve Murphy says industrial action was the only way to get Qantas to the bargaining table. It’s been six weeks since the last strike. “Workers have no other choice. They will be taking industrial action to bring Qantas back to the bargaining table,” Murphy said. “Qantas is to blame if there’s any disruption to commuters over the holiday period. They have had six weeks to simply do what they said they would.” A Qantas spokesperson said a number of contingencies are in place to prevent delays. “Around 160 aircraft maintenance engineers are rostered on during Friday’s industrial action, and only members of the alliance unions can take industrial action,” said Qantas. The spokesperson noted there were no delays or cancellations during the previous strikes. 5.40am Friday 13th an ‘auspicious day’ for Dutton to release nuclear costings, PM says By Karl Quinn Prime Minister Anthony Albanese took time out of his busy pre-Christmas schedule to join the farewell party for Sammy J on ABC Radio in Melbourne this morning, where he wasted no time using his appearance to go into political attack mode. Australian Prime Minister Anthony Albanese. Credit: Kate Geraghty “It’s Friday the 13th, an auspicious day, I’ve got to say, for Peter Dutton to drop his nuclear nightmare policy out there,” Albanese said, bypassing the pleasantries and bonhomie in favour of dropping a bomb on the opposition leader. “Oh, so straight into it,” said Sammy J. “Have you had a sneak peek [at Dutton’s nuclear power plan]?” he asked. “I had a look at some of the fiction that’s out there,” the PM replied, claiming nuclear power would not lead to savings on the cost of household power but rather “increase bills by $1200”. “The truth is that renewables are the cheapest form of new energy. Everyone knows that’s the case. The science tells us that that’s the case. The economists tell us that’s the case.” 5.12am Residents offered sandbags as higher-than-average tides expected By Catherine Strohfeldt The Brisbane City Council has offered sandbags to residents in the city’s tidal flood areas before a predicted anomaly from Sunday through to Tuesday next week. The council advised residents that tide peaks were expected to reach similar levels to September this year, and that “minor localised flooding may be experienced in bayside, riverside, and low-lying parts of nearby suburbs”. Sandbags were also made available for locals, and those in low-lying foreshore and riverside areas were warned to avoid parking their cars on the street. The higher-than-average tides were also expected to impact creeks within bayside suburbs. Latest 1 of 2 Oldest Latest Oldest Most Viewed in National Loading'Mahayuti To Form Govt With CM From BJP, 2 Deputy CMs From Allies': Ajit Pawar Clears Air Amid DeadlockANN ARBOR, Mich. (AP) — Michigan's defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25 , making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title.
High School Girl's Wrestling: Results from Nov. 23, 2024It is safe to say Kate DeMeester-Lane has had a book in her hands almost every day of her life. Judy Blume? Check. Edith Wharton and Sarah J. Maas? Check-check. Even now, as the Library Services Manager for the Pima County Public Library, DeMeester-Lane is surrounded by books all the time, but she still needed a minute to think when asked what the title of her own story might be. “How about ‘Just Another Librarian,’” she suggested. “I think it’s a remarkable thing I get to do, but in my world I’m not that remarkable at all. We’re all doing it. We’re doing what librarians have been doing forever.” She is right, of course. As much a calling as a job, librarians have gone about their business in much the same way for generations. What’s new, and sadly ironic, is that libraries and librarians — whose motto for years had been “Shhh!” — now find themselves onstage as grandstanding politicians try to score points by removing “objectionable” books from library collections across the country. Kate DeMeester-Lane reads “That Librarian” by Amanda Jones. Last year alone, more than 10,000 titles were banned by various jurisdictions in the United States, 65% more than in 2022. The modern library has become a battleground in the ongoing culture war between left and right, and DeMeester-Lane is more than an interested observer. When books are challenged here in Tucson, the buck — and the book — stop with her. She gets the phone calls. She sees the letters. Formal challenges come to her desk first. So far, at least, the waters have remained relatively calm. “We’ve been getting 8-10 serious challenges a year, and I can’t say any of them were frivolous,” DeMeester said last week. “I think all the ones we’ve seen are from people who are truly concerned about something they’ve heard or something they’ve read.” The process is relatively simple. Any resident of Pima County or anyone with a Pima County Library card may submit a reconsideration request form in person or online. All such requests are reviewed by at least two and sometimes three professional librarians, but know this in advance: the bar for a successful challenge is high. “Our mission is to ensure access, not to judge content,” DeMeester-Lane said. “It’s not our job to tell people what they can or can’t read. If you live in Pima County, no matter who you are or what you look like, you should be able to find books and materials available for you in our library.” Indeed, the library works hard to ensure that we do. Earlier this year, the Pima County Board of Supervisors approved an updated Collection Development Policy. Among the desired criteria are books that represent “diverse points of view and lived experiences.” Another: Books that represent “important movements, genres, social and historical trends.” There are 15 criteria in all — “It’s a big net,” DeMeester-Lane agreed — and it gives library card holders a lot to choose from. At last count, the collection included more than 1 million items. Many are controversial, some even disturbing, but there is something for almost everyone. “When I first started out as a librarian, one of my first mentors said that if I didn’t find 10% of the collection personally offensive, I wasn’t doing my job,” DeMeester-Lane said. “Her point was that all of us have our own feelings about stuff, but the library is here for everyone.” So far, at least, Arizona librarians have not felt the fierce stridency their contemporaries have experienced elsewhere, but DeMeester-Lane is keeping a wary eye on the horizon. “The thing that’s interesting about where we’re at now is this idea that librarians are pushing some new, liberal agenda,” DeMeester-Lane observed last week. “We’re trying to brainwash your kids? The American Library Association’s Bill of Rights was adopted in 1939. Our Freedom to Read policy was added in 1953. We’re doing the same things now that we were doing 85 years ago.” Still, the local librarian is often the first to fall when the political crossfire begins. Hundreds have quietly left the field, knowing this new war about words is not what they signed up for. Cover of “That Librarian” by Amanda Jones, who will be in Tucson on Dec. 7. Middle-school librarian Amanda Jones of Louisiana decided to fight back after being publicly demonized by the book-banners two years ago. Not only did Jones sue her abusers for defamation, she has since detailed the experience in a book called “That Librarian,” one of the season’s surprise hits. For her part, DeMeester-Lane is staying put. “When I was young, I needed a permission slip to check out ‘Super Fudge’ by Judy Blume,” DeMeester recalled. “What we’re seeing now is a whole different thing altogether, a whole different flavor of hatefulness. It’s not really about the book, it’s about the people in the book. The people who are writing the book. It’s about their right to exist in public spaces and that worries me a lot.” FOOTNOTES Amanda Jones, the middle-school librarian in Louisiana who decided to fight back when book-banners came after her collection two years ago, will be in Tucson Dec. 7. The author of “ That Librarian ,” Jones will be featured at Chapter One, a program presented by the Tucson Festival of Books. For information and tickets, visit tucsonfestivalofbooks.org . Of the 10 books most commonly banned last year in the United States, all 10 are available at the Pima County Public Library. U.S. Poet Laureate Ada Limón will visit Saguaro National Park East on Tuesday, Dec. 3. She will dedicate a public art tabletop honoring Tucson poet Ofelia Zepeda. The table is part of Limón’s “You Are Here” project that places poetry in National Park spaces. To learn more and RSVP for the event, call the Rincon Mountain Visitors Center at 520-733-5153. Browse previous Bookmarks columns and keep up with news from the Tucson book community by following Bookmarks Arizona (@BookArizona) on X, formerly known as Twitter. Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!By Nate Raymond (Reuters) - U.S. Senate Democrats and Republicans clinched a late-night deal on Wednesday that clears the way for votes on a group of President Joe Biden's nominees for federal trial courts in exchange for not pushing forward with four nominees to serve on appellate courts, leaving vacancies that Republican President-elect Donald Trump can fill. The deal, described by a spokesperson for Democratic Majority Leader Chuck Schumer on Thursday, was reached after Senate Republicans launched a campaign to try to stall and prevent Democrats from fulfilling their plan to confirm as many life-tenured judges as possible before Trump takes office in January. Senate Republicans had previously said they had votes to block at least two of the four appellate court nominees, including Adeel Mangi, who would have become the first Muslim federal appellate judge if confirmed to the Philadelphia-based 3rd U.S. Circuit Court of Appeals. The deal was sure to disappoint progressive advocates who have been pushing Democrats to fill as many judicial vacancies as possible following the Nov. 5 election, which handed the White House to Trump and control of the Senate to Republicans. "Willingly gifting Donald Trump the chance to appoint judges more committed to political agendas than the rule of law is doing a dangerous disservice to the American people," Maggie Jo Buchanan, the director of the progressive legal group Demand Justice, said in a statement. Since the election, the Senate has confirmed eight of Biden's judge picks, bringing the total number of confirmed judicial nominees to 221. The Democratic-led Senate on Thursday confirmed one more, Sharad Desai, to serve as a trial court judge in Arizona. Republicans at Trump's urging had tried to put procedural roadblocks in place to slow down the process and peel away votes in a Senate that Democrats narrowly control 51-49. But several Republican senators have missed votes to confirm judges. Under the deal, the Senate will vote on confirming seven nominees to district court judges who Schumer had already teed up when it returns from its post-Thanksgiving recess in exchange for no longer pursuing the confirmation of the four nominees to higher-level appellate courts. The Senate will also take up consideration of five other district court nominees who whose nominations were advanced on Thursday by the Senate Judiciary Committee. "The trade was four circuit nominees -- all lacking the votes to get confirmed -- for more than triple the number of additional judges moving forward," a Schumer spokesperson said in a statement. The other appellate nominees were Ryan Park, up for a seat on the Richmond, Virginia-based 4th U.S. Circuit Court of Appeals; Julia Lipez, who was nominated to the Boston-based 1st U.S. Circuit Court of Appeals; and Karla Campbell, who was nominated to the Cincinnati-based 6th U.S. Circuit Court of Appeals. (Reporting by Nate Raymond in Boston, Editing by Alexia Garamfalvi and Deepa Babington)
Tottenham ’s middling form continued with a scrappy 1-1 draw with Rangers in the Europa League . Dejan Kulusevski came off the bench at half-time and scored a 75th-minute equaliser to rescue a point for Ange Postecoglou ’s depleted Spurs on the former Celtic boss’ return to Glasgow. Hamza Igamane gave Rangers a deserved lead at the start of the second half and they looked set to heap the pressure on Postecoglou before Kulusevski’s cool finish. Here are three Spurs talking points from the match... An uninspiring draw at Ibrox stopped the rot but did little to lift the mood at Tottenham, extending their rough patch of form to one win in eight matches. This did not, admittedly, feel like a must-win game for Spurs – at least not in the same way as Sunday’s visit to rock-bottom Southampton and the Carabao Cup quarter-final at home to Manchester United next Thursday – and Postecoglou can probably be relieved to have escaped from enemy territory with a point and no (obvious) fresh injuries. Spurs’ limp performance, especially for the first hour, will be a concern to the head coach, however, while a third straight European match without a win leaves Spurs in a slightly precarious position in the Europa League. They remain outside the top eight and probably need to win their final two matches against Hoffenheim and IF Elfsborg to definitely avoid a hugely unwanted two-legged play-off in February. As Spurs stutter in the league, the cups grow in importance and, if Postecoglou's side remain in mid-table, it will be much easier to feel positive about their season if they continue to progress in the domestic cups and are safely through to the Europa League knockouts. Postecoglou described Spurs’ current injury crisis as the worst he has faced in a 30-year coaching career, with the Australian without six injured players for his return to Glasgow. But Spurs still had more than enough quality in the XI to see off Rangers, particularly with Philippe Clement’s side preparing for a cup final on Sunday. The visitors, though, were abject for the first hour of the game and had Fraser Forster to thank (again) for keeping them in the match. The goalkeeper made a string of fine saves before Kulusevski’s equaliser, and denied Rangers what would surely have been a late winner with a brilliant stop from Cyriel Dessers. At the other end, Brennan Johnson, Timo Werner and Heung-min Son were desperately ineffective as a front three, offering nothing in the way of fight and thrust. The introduction of Dominic Solanke on the hour helped to give Spurs a focal point up front and a foothold in the game, and it was the England striker who squared for fellow substitute Kulusevski to level the game with a cool first-time finish. It is, though, concerning how reliant Spurs are on the pair, leaving Postecoglou effectively unable to rest Kulusevski and Solanke without an alarming drop-off in his side. With Wilson Odobert, Richarlison and Mikey Moore not expected to be available until the New Year, Spurs need some of their other players to start stepping up. The absence of Micky van de Ven, Cristian Romero and Ben Davies left the Spurs manager to rely on Radu Dragusin and teenager Archie Gray at centre-back – for the first of what is likely to be a mini run in the team for the pair. Gray, who hails from a Celtic-supporting family, has caught the eye in this competition this season although this was an occasionally difficult night for the 18-year-old. While he did not look out of place, Gray was skinned by Dessers late on, with Forster’s outstretched foot sparing Spurs’ blushes. Dragusin, meanwhile, was shaky again, more than once inviting pressure with loose passes out from the back and lucky to avoid a second yellow card for a clumsy late challenge. No one for Spurs was at their best, to be fair, and Gray and Dragusin are capable of raising their levels – but much sterner tests lie ahead, starting on Sunday.
Tulsa fires coach Kevin Wilson a day after blowout loss to South FloridaNEW DELHI: As much as 93% of Indian executives surveyed anticipate a rise in their cybersecurity budget next year, with 17% planning to raise their budgets by 15% or more, according to PwC India Digital Trust Insights 2025. Further, 42% of Indian business leaders are prioritising data protection and remediation in the aftermath of recent cyber breaches as their main cyber investment for the coming year. Indian executives rank cybersecurity as their top risk mitigation priority (61%), followed by digital and technology risks (60%), inflation (48%), and environmental risks (30%) for the next 12 months, according to the report. Ready to Master Stock Valuation? ET's Workshop is just around the corner!
For a radio station that doesn't care about ratings, 2MBS Fine Music Sydney has found an audience of loyal listeners all over the world. or signup to continue reading Veteran Drive program presenter Michael Morton-Evans even has one dedicated fan on the Isle of Wight in the UK, who sits by her fireplace to listen to his show. 2MBS was Australia's very first station on the FM radio band, hitting the airwaves at noon on December 15, 1974, beating Melbourne's 3MBS and Brisbane's 4ZZZ by a matter of months. The station in Sydney's St Leonards is celebrating 50 years of filling the airwaves with music - classical for the most part, but also jazz, blues and other genres. Morton-Evans has penned a history of 2MBS to mark the milestone, and believes it's the only volunteer-run station in the world to have lasted half a century. "It means everything to real lovers of classical music, we all love doing it, they all love listening to it," he told AAP. Ahead of a recent program, he's in the studio lining up traffic alerts and weather reports and just the right music to keep Sydney motorists calm during peak hour, starting with Russian composer Anton Arensky and Frenchman Georges Bizet. On a good day, the FM radio signal travels all the way to Newcastle and Wollongong, and Berrima in the southern highlands, while listeners further afield can tune in via the station's online stream and listening app. Three times a day the flow of classical music is interrupted by jazz programs, for those who happen to like that sort of thing, said Morton-Evans. "There's a sort of feeling around here among the jazz people that I don't like jazz, but it's not true - I do like jazz," he said. "Our jazz presenters are fantastic, they are so knowledgeable, they're almost worth listening to." One of those presenters, Jeannie McInnes, airs her popular program Jazz Rhythm with a different topic each week, ranging from Jackson Pollock's jazz playlist, to the sound of the colour green. "If you just want to hear the music, put on Spotify - if you want to learn something about the music, listen to the radio," she told AAP. Presenters such as Planet Jazz host Xavier Bichon revel in music of all kinds: a recent weekend saw him at a classical performance in the afternoon, and a Pearl Jam concert a few hours later. 2MBS does not rely on government grants and is entirely funded by its loyal listeners, some of whom have been very generous indeed. In 2010 one donor, Stefan Kruger, left the station $3 million in his will, enabling 2MBS to build a recording studio complete with grand piano, broadcast studios and a massive music library. Though most of the library is stored digitally these days, old technology is still kept on stand by including turntables, a reel to reel tape player, and a cassette deck. Before there was any of this equipment - or even a station to broadcast from - David James was the very first manager of 2MBS, helping it win a broadcast licence. Half a century later he still volunteers at the station, probably because he likes punishment, he jokes. "Radio is in my blood ... I just don't want to look at any other voluntary job anywhere." It's the people as much as the music, helped by the station's monthly wine and pizza nights, he said. There's also tea, coffee and biscuits on hand to fuel the station's 200 volunteers, such as former presenter Di Cox, 84. Cox has been volunteering at the station for 45 years and is still a regular visitor, selecting music for an upcoming program From Handel to Haydn. "Obviously I love it, because I've always said I'll never leave," she said. 2MBS is marking its milestone with a special retrospective program on Sunday at midday - exactly 50 years to the hour since its very first broadcast. It will also host a station open day on February 1, to commemorate its very first such event 50 years ago. 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. 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NEW YORK (AP) — Kaapo Kaako scored a power-play goal with 24 seconds left, and the New York Rangers stopped a five-game slide by topping the Montreal Canadiens 4-3 on Saturday. Artemi Panarin, Vincent Trocheck and Mika Zibanejad also scored for the Rangers, who got their first win since a 4-3 victory at Vancouver on Nov. 19. Adam Fox had two assists, and Jonathan Quick made 25 saves. With Montreal’s Kirby Dach serving a four-minute, high-sticking penalty, Kaako got his fourth goal of the season. The Canadiens trailed 3-1 after two periods. But Cole Caufield scored his 14th goal 4:16 into the third and Nick Suzuki tied it at 14:07. Trocheck tipped the puck past Montreal goaltender Sam Montembeault at 19:56 to put New York ahead after Panarin and Montreal’s Mike Matheson scored earlier in the first. Panarin put the Rangers ahead at 9:02, scoring on a 5-on-3 for New York’s first power-play goal since Nov. 12 at home against Winnipeg. Matheson tied it at 11:47. Montembault made 24 saves for Montreal. Canadiens: dropped to 3-7-1 on the road. Rangers: Forwards Chris Kreider and Filip Chytil returned to the lineup. Kreider missed three games with an upper-body injury while Chytil was out for seven after colliding with teammate K’Andre Miller on Nov. 14. Reilly Smith and Jonny Brodzinski were scratched. Seeking an early spark, New York captain Jacob Trouba fought Montreal’s Josh Anderson 1:58 into the contest. It appeared to give the Rangers a collective jolt that was missing in recent games. The Rangers are 11-1-0 when scoring first. It was the 1,700th home win in franchise history. The Canadiens visit the Boston Bruins on Sunday. The Rangers host the New Jersey Devils on Monday. AP NHL: https://apnews.com/hub/NHLNorth Dakota regulators OK underground storage for proposed Midwest carbon dioxide pipelineHow to stay healthy during the holidays
Bizarre Edinburgh rental flat with baffling bathroom design leaves people shaking their headsCentral Valley wins first state championship with 52-12 win over Riverside
SAINT THOMAS, Virgin Islands — Colin Porter scored 17 points, Isaiah Ihnen added 16 on 7-of-12 shooting Sunday night and Liberty held off Kansas State for a 69-67 win in the semifinals of the Paradise Jam. Kaden Metheny scored 13 points for the Flames. Zach Cleveland scored two points on 0-of-8 shooting but finished with nine rebounds and eight assists. Brendan Hausen hit a jumper and Achor Achor scored in the paint to give Kansas State (4-2) a 63-62 lead with 2:31 to play. Porter answered with a 3-pointer 16 seconds later and Liberty led the rest of the way. Owen Aquino hit two free throws to give the Flames a four-point lead with 50 seconds remaining and Coleman Hawkins scored in the lane to cut it to 67-65 just eight seconds later. After Metheny missed a layup on the other end, Dug McDaniel missed a clean look at a 3-point shot from the left wing, David N’Guessan missed a putback attempt and McDaniel missed a heave from 3-point range at the buzzer. Hausen scored 14 points and Hawkins added 11 for Kansas State. N’Guessan and Achor scored 10 points apiece. Liberty (6-1) plays McNeese in the championship, and the Wildcats take on Longwood in the third-place game, on Monday.Holmen Police Chief Shane Collins wants nothing to do with the county's Civilian Review Board . That includes any acknowledgment he was sent its meeting agenda. In a Dec. 10 letter to the board, Collins asked that his name be removed from the section that lists recipients of the notice. "The village of Holmen does not recognize the Civilian Review Board as having any authority over the village or its residents and will not authorize such authority," Collins wrote. Collins The board's Dec. 12 agenda says the meeting notice was sent to La Cross County Sheriff John Siegel and police chiefs in La Crosse, Onalaska, West Salem, Bangor, Holmen and the town of Campbell, along with the La Crosse Tribune and three county departments. Agenda items include the development of outreach plans and an intake process for receiving citizen complaints. Collins said being listed on the agenda "may lead to confusion among citizens, who could mistakenly believe that we are affiliated with your board." In a separate response to the Tribune, Collins said he has no objection to receiving meeting notices. "I have always been open to discussing new ideas and concepts, but we have no understanding of the structure or operational purpose of this board," Collins said. "We cannot align ourselves with a group that we are unfamiliar with. This matter has been under discussion for two to three years, yet neither I nor any village officials have been approached about it." Collins said he has support from the village board. "The village's official position is to remain separate and detached from any and all action and participation from the (review board) whatsoever," he said. Collins questioned the need for a review board at the county level. He said the village board and its Police and Fire Commission already have policies in place "to address complaints regarding the police department and its staff." Review board committee co-chairs Allan Beatty and Amanda Goodenough could not be reached for comment.Thanksgiving week high school football schedule
Kansas City Chiefs back to winning ways against Carolina PanthersTaylor Swift makes surprise visit to Kansas City children's hospital
AAP MLA arrested in year-old extortion case; party calls it 'illegal'NoneCALGARY, Alberta--(BUSINESS WIRE)--Dec 12, 2024-- Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its 2025 financial guidance and provided a business update. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212048876/en/ Highlights Business Update Pembina anticipates a record setting financial year in 2024 reflecting the positive impact of recent acquisitions, growing volumes in the WCSB, and a strong contribution from the marketing business. As expected, volumes in the conventional pipelines business have strengthened in the fourth quarter relative to the first three quarters of the year. In 2024, the Company meaningfully advanced its strategy through the full consolidation of Alliance Pipeline and Aux Sable (the "Alliance/Aux Sable Transaction"), and by reaching a positive final investment decision on the Cedar LNG Project. These two accomplishments highlight Pembina’s focus on strengthening the existing franchise, increasing exposure to resilient end-use markets, and accessing global market pricing for Canadian energy products. In addition, Pembina Gas Infrastructure ("PGI") announced transactions with Veren Inc. and Whitecap Resources Inc., creating opportunities with attractive economics that are expected to enhance asset utilization, capture future volumes, and benefit Pembina’s full value chain. Through these two transactions, we are realizing the vision set forth with the creation of PGI in 2022. Other accomplishments over the past year include the completion of the $430 million Phase VIII Peace Pipeline Expansion and the $90 million NEBC MPS Expansion, on time and under budget; sanctioning $210 million (net to Pembina) of new projects, including the Wapiti Expansion and K3 Cogeneration Facility; and entering into long-term agreements with Dow Chemical Canada to supply up to 50,000 barrels per day ("bpd") of ethane for their Path2Zero Project (the "Dow Supply Agreement"). Through its extensive asset base and integrated value chain, Pembina can provide a full suite of transportation and midstream services across multiple hydrocarbons – natural gas, crude oil, condensate, and NGL. This uniquely positions the Company to benefit from a robust, multi-year growth outlook for the WCSB driven by transformational developments that include the recent completion of the Trans Mountain Pipeline expansion, new West Coast liquefied natural gas ("LNG") and NGL export capacity, and the development of new petrochemical facilities creating significant demand for ethane and propane. Growing production and demand for services in the WCSB continues to provide opportunities to increase utilization on existing assets and pursue expansion opportunities. As attention turns to 2025, Pembina is focused on several key priorities including: Alliance Pipeline CER Toll Review The CER initiated a review of Alliance Pipeline’s tolls, which were previously approved by the CER. As such, the CER has ordered Alliance Pipeline to submit for approval a detailed toll application justifying why the current tolling methodology remains compliant with the Canadian Energy Regulator Act, or a new tolling methodology application. Likewise, the CER has ordered that the current tolls shall be deemed interim tolls until resolution of the above. Alliance Pipeline's tolls for the Canadian segment of the pipeline are approved by the CER, while its tolls for the United States segment are approved by the Federal Energy Regulatory Commission. Alliance Pipeline's Canadian long-term firm service tolls have remained level since they were approved by the CER in 2015, while its full path tolls to Chicago have declined by approximately 15 percent. In comparison, tolls on alternative systems have increased by approximately 30 percent. Likewise, Alliance Pipeline has operated at an industry leading reliability rate. Furthermore, Alliance Pipeline remains an ‘at-risk’ commercial model where returns and cost recovery are squarely driven by the customer demand for its service and Alliance Pipeline's ability to efficiently provide such service. By contrast, the competitive alternatives and the majority of CER regulated Group 1 natural gas pipelines' returns are not materially exposed to volume or cost recovery risk. Alliance Pipeline is working collaboratively with its stakeholders through the CER review process and will remain focused on delivering the highest standards of service that customers have come to expect. Pembina will work expeditiously throughout 2025 with shippers towards a negotiated solution, in accordance with all CER direction. Approximately 60 percent of the adjusted EBITDA contribution from Alliance Pipeline is generated from the Canadian portion of the pipeline. Pembina’s 2025 adjusted EBITDA guidance, discussed below, assumes the existing toll is in effect for the full year. Board of Directors Appointment Pembina is pleased to announce that Mr. Alister Cowan has been appointed to the board of directors effective December 3, 2024. Mr. Cowan has over 20 years of experience in the energy industry and has significant financial executive level experience at various public companies. In 2023, he was Executive Advisor of Suncor Energy Inc. ("Suncor") and was previously Chief Financial Officer of Suncor from 2014 to 2023 where he oversaw financial operations, accounting, investor relations, treasury, tax, internal audit, and enterprise risk management. Prior to joining Suncor, Alister was Chief Financial Officer of Husky Energy Inc. from 2008 to 2014. Before that, he was Executive Vice President and Chief Financial Officer and Chief Compliance Officer of British Columbia Hydro and Power Authority. Mr. Cowan is a non-executive director of The Chemours Company and of Smiths Group PLC. He has a Bachelor of Arts in Accounting and Finance from Heriot-Watt University and is a member of the Institute of Chartered Accountants of Scotland. Mr. Cowan has also been appointed to the audit committee. "The board of directors is excited to welcome Alister, and we look forward to working with him. Alister is a seasoned financial executive with extensive experience in Canadian energy. We are sure to benefit from his contribution as we work together to ensure Pembina's continued success during a transformational period of growth in the Canadian oil and gas industry," said Henry Sykes, Chair of the Board. 2025 Guidance Pembina is anticipating 2025 adjusted EBITDA of $4.2 billion to $4.5 billion. Relative to the midpoint of Pembina’s adjusted EBITDA guidance range for 2024, the major factors driving the outlook for 2025 adjusted EBITDA include: Pembina has hedged approximately 32 percent of its 2025 frac spread exposure. For 2025, the weighted average price of Pembina's frac spread hedges, excluding transportation and processing costs, is approximately C$36 per barrel, which compares to the prevailing 2025 forward price at the end of November 2024 of approximately C$37 per barrel. The mid-point of the 2025 adjusted EBITDA guidance range includes a forecasted contribution from the Marketing & New Ventures segment of $550 million. Excluding the contribution from the Marketing & New Ventures segment, the midpoint of the 2025 guidance range reflects an approximately 5.5 percent increase in fee-based adjusted EBITDA, relative to the forecast for 2024. Further, Pembina remains on-track to achieve four to six percent compound annual growth of fee-based adjusted EBITDA per share from 2023-2026. The lower and upper ends of the guidance range are framed primarily as a function of (1) commodity prices and the resulting contribution from the marketing business; (2) interruptible volumes on key systems; and (3) the U.S./Canadian dollar exchange rate. Current income tax expense in 2025 is anticipated to be $415 million to $470 million as Pembina will continue to benefit from the availability of tax pools from assets recently placed into service. Pembina's 2025 adjusted EBITDA may be directly impacted by market-based prices as follows: Key Variable 2025 Guidance Midpoint Assumption Sensitivity Impact on Adjusted EBITDA ($millions) (1) AECO / Station 2 Natural Gas (CAD/GJ) (2) $1.94 ± $0.50 ± 20 Chicago Natural Gas (USD/MMbtu) $2.90 ± $0.50 ± 49 Mont Belvieu Propane (USD/usg) $0.80 ± $0.10 ± 70 Foreign Exchange Rate (USD/CAD) $1.39 ± $0.05 ± 50 Includes the impact of Pembina's hedging program. In addition, Pembina has asymmetric exposure to AECO natural gas prices through a commercial contract with a customer, where Pembina benefits as AECO price rises above $3.00/GJ but does not have downside risk. 2025 Capital Investment Pembina's 2025 capital program is expected to be allocated as follows: ($ millions) 2025 Budget (1) Pipelines Division $330 Facilities Division $345 Marketing & New Ventures Division $15 Corporate $55 Capital Expenditures $745 Contributions to Equity Accounted Investees $355 Capital Expenditures and Contributions to Equity Accounted Investees $1,100 Pipelines Division capital expenditures primarily relate to sustaining capital, a terminal expansion within the conventional pipeline system, development spending on potential future projects, including the Fox Creek-to-Namao Peace Pipeline Expansion, and investments in smaller growth projects, including various laterals and terminals. Capital expenditures in the Facilities Division primarily relate to construction of the RFS IV Expansion, smaller growth projects, and sustaining capital spending. Capital expenditures within the Marketing and New Ventures Division and the Corporate segment are primarily targeted at information technology enhancements to further the Company's continuous improvement aspirations. Contributions to Equity Accounted Investees includes approximately $200 million of contributions to Cedar LNG to fund the construction of the Cedar LNG Project, and contributions to PGI to fund development of the Wapiti Expansion, K3 Cogeneration Facility, as well as development activities related to the previously announced agreements with Veren Inc. and Whitecap Resources Inc. The Company's 2025 capital program includes: In addition to the 2025 capital investment program detailed above, Pembina is in development of potential additional projects that, if sanctioned, would increase the 2025 capital program by up to $200 million. These projects primarily include pipeline and terminal upgrades in support of volume growth in NEBC, the Fox Creek-to-Namao Peace Pipeline Expansion, investments related to the Dow Supply Agreement, including the addition of a de-ethanizer tower at RFS III within the Redwater Complex, and optimization of the Prince Rupert Terminal to allow for the use of larger vessels, which would reduce per unit costs. Capital Allocation Pembina continues to execute its strategy within a fully funded model and consistent with its financial guardrails. Within the 2025 adjusted EBITDA guidance range, Pembina expects to generate positive free cash flow with all 2025 capital investment program scenarios being fully funded by cash flow from operating activities, net of dividends. Under prevailing market and economic conditions, Pembina expects to prioritize the use of excess free cash flow to debt repayment in 2025. As has been our approach since 2021, Pembina will continue to evaluate the merits of debt repayment relative to share repurchases while considering expected future funding requirements along with prevailing market conditions and the risk-adjusted returns of the associated alternatives. Pembina expects to exit 2025 with a proportionately consolidated debt-to-adjusted EBITDA ratio of 3.4 to 3.7 times. Excluding the debt related to the construction of the Cedar LNG project this ratio would be 3.2 to 3.5 times. About Pembina Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for 70 years. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit www.pembina.com . Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive. Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division. Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com . Forward-Looking Information and Statements This news release contains certain forward-looking information and statements (collectively, "forward-looking statements"), including forward-looking statements within the meaning of the "safe harbor" provisions of applicable securities legislation, that are based on Pembina's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified by terminology such as "continue", "anticipate", "schedule", "will", "expects", "estimate", "potential", "planned", "future", "outlook", "strategy", "project", "trend", "commit", "maintain", "focus", "ongoing", "believe" and similar expressions suggesting future events or future performance. In particular, this news release contains forward-looking statements, including certain financial outlooks, pertaining to, without limitation, the following: Pembina's anticipated 2025 adjusted EBITDA, 2025 capital investment program costs, 2025 year-end proportionately consolidated debt-to-adjusted EBITDA ratio and current income tax expenses in 2025; Pembina's capital allocation plans, including with respect to debt repayment and share repurchases; expected cash flow from operating activities in 2025 and the uses thereof; 2024 year-end financial results, including the expectation that 2024 will be a record setting financial year; expectations with respect to the impacts of the Dow Supply Agreement and the transactions with Veren Inc. and Whitecap Resources Inc., as well as future actions taken in relation thereto; future pipeline, processing, fractionation and storage facility and system operations and throughput levels; Pembina's corporate strategy and the development and expected timing of new business initiatives and growth opportunities, including the anticipated timing and impacts thereof; expectations about industry activities and development opportunities, as well as the anticipated benefits and timing thereof; expectations about the demand for services, including expectations in respect of increased utilization across Pembina's assets, future tolls and volumes; planning, construction, capital expenditure and cost estimates, schedules, locations, regulatory and environmental applications and approvals, expected capacity, incremental volumes, power output, project completion and in-service dates, rights, activities and operations with respect to planned construction of, or expansions on, pipelines systems, gas services facilities, processing and fractionation facilities, terminalling, storage and hub facilities and other facilities or infrastructure; the development and anticipated benefits of Pembina's new projects and developments, including the K3 Cogeneration Facility, the Cedar LNG Project, the Wapiti Expansion, the Taylor to Gordondale Project, Fox Creek-to-Namao Peace Pipeline Expansion and the RFS IV Expansion, including the completion and timing thereof; expectations regarding CER's review of Alliance Pipeline's tolls, including the timing and outcome thereof and steps taken in connection therewith; the impact of current and future market conditions on Pembina; Pembina's hedging strategy and expected results therefrom; Pembina's capital structure, including future actions that may be taken with respect thereto and expectations regarding future uses of cash flows and uses thereof, repayments of existing debt, new borrowings and securities issuances; and Pembina's commitment to, and ability to maintain, its financial guardrails. The forward-looking statements are based on certain assumptions that Pembina has made in respect thereof as at the date of this news release regarding, among other things: oil and gas industry exploration and development activity levels and the geographic region of such activity; that favourable market conditions exist, and that Pembina has available capital for share repurchases, repayment of debt and funding its capital expenditures; the success of Pembina's operations; prevailing commodity prices, interest rates, carbon prices, tax rates and exchange rates; the ability of Pembina to maintain current credit ratings; the availability of capital to fund future capital requirements relating to existing assets and projects; future operating costs; geotechnical and integrity costs; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner; prevailing regulatory, tax and environmental laws and regulations; maintenance of operating margins; and certain other assumptions in respect of Pembina's forward-looking statements detailed in Pembina's Annual Information Form for the year ended December 31, 2023 (the "AIF") and Management's Discussion and Analysis for the year ended December 31, 2023 (the "Annual MD&A"), which were each filed on SEDAR+ on February 22, 2024, as well as in Pembina's Management's Discussion and Analysis dated November 5, 2024 for the three and nine months ended September 30, 2024 (the "Interim MD&A") and from time to time in Pembina's public disclosure documents available at www.sedarplus.ca , www.sec.gov and through Pembina's website at www.pembina.com . Although Pembina believes the expectations and material factors and assumptions reflected in these forward-looking statements are reasonable as of the date hereof, there can be no assurance that these expectations, factors and assumptions will prove to be correct. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties that could cause actual events or results to differ materially, including, but not limited to: the regulatory environment and decisions and Indigenous and landowner consultation requirements; the impact of competitive entities and pricing; reliance on third parties to successfully operate and maintain certain assets; the strength and operations of the oil and natural gas production industry and related commodity prices; non-performance or default by counterparties to agreements with Pembina or one or more of its affiliates; actions taken by governmental or regulatory authorities and changes in legislation (including uncertainty with respect to the interpretation of the recently enacted Bill C-59 and related amendments to the Competition Act (Canada)); the ability of Pembina to acquire or develop the necessary infrastructure in respect of future development projects; fluctuations in operating results; adverse general economic and market conditions in Canada, North America and worldwide; the ability to access various sources of debt and equity capital on acceptable terms; changes in credit ratings; counterparty credit risk; and certain other risks and uncertainties detailed in the AIF, Annual MD&A, Interim MD&A and from time to time in Pembina's public disclosure documents available at www.sedarplus.ca , www.sec.gov and through Pembina's website at www.pembina.com . This list of risk factors should not be construed as exhaustive. Readers are cautioned that events or circumstances could cause actual results to differ materially from those predicted, forecasted or projected by forward-looking statements contained herein. The forward-looking statements contained in this news release speak only as of the date hereof. Pembina does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws. Management approved the 2025 adjusted EBITDA, 2025 capital investment program costs, 2025 proportionately consolidated debt-to-adjusted EBITDA and 2025 income tax expense guidance contained herein as of the date of this news release. The purpose of these financial outlooks is to assist readers in understanding Pembina's expected and targeted financial results, and this information may not be appropriate for other purposes. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Non-GAAP and Other Financial Measures Throughout this news release, Pembina has disclosed certain financial measures and ratios that are not specified, defined or determined in accordance with GAAP and which are not disclosed in Pembina's financial statements. Non-GAAP financial measures either exclude an amount that is included in, or include an amount that is excluded from, the composition of the most directly comparable financial measure specified, defined and determined in accordance with GAAP. Non-GAAP ratios are financial measures that are in the form of a ratio, fraction, percentage or similar representation that has a non-GAAP financial measure as one or more of its components. These non-GAAP financial measures and ratios, together with financial measures and ratios specified, defined and determined in accordance with GAAP, are used by management to evaluate the performance and cash flows of Pembina and its businesses and to provide additional useful information respecting Pembina's financial performance and cash flows to investors and analysts. In this news release, Pembina has disclosed adjusted EBITDA, a non-GAAP financial measure, and proportionately consolidated debt-to-adjusted EBITDA, a non-GAAP ratio, which that do not have any standardized meaning under International Financial Reporting Standards ("IFRS") and may not be comparable to similar financial measures or ratios disclosed by other issuers. Such financial measures and ratios should not, therefore, be considered in isolation or as a substitute for, or superior to, measures and ratios of Pembina's financial performance or cash flows specified, defined or determined in accordance with IFRS, including revenue or earnings. Except as otherwise described herein, these non-GAAP financial measures and non-GAAP ratios are calculated on a consistent basis from period to period. Specific reconciling items may only be relevant in certain periods. Below is a description of each non-GAAP financial measure and non-GAAP ratio disclosed in this news release, together with, as applicable, disclosure of the most directly comparable financial measure that is determined in accordance with GAAP to which each non-GAAP financial measure relates and a quantitative reconciliation of each non-GAAP financial measure to such directly comparable GAAP financial measure. Additional information relating to such non-GAAP financial measures and non-GAAP ratios, including disclosure of the composition of each non-GAAP financial measure and non-GAAP ratio, an explanation of how each non-GAAP financial measure and non-GAAP ratio provides useful information to investors and the additional purposes, if any, for which management uses each non-GAAP financial measure; an explanation of the reason for any change in the label or composition of each non-GAAP financial measure and non-GAAP ratio from what was previously disclosed; and a description of any significant difference between forward-looking non-GAAP financial measures and the equivalent historical non-GAAP financial measures, is contained in the "Non-GAAP & Other Financial Measures" section of the Annual MD&A, which information is incorporated by reference in this news release. The Annual MD&A is available on SEDAR+ at www.sedarplus.ca , EDGAR at www.sec.gov and Pembina's website at www.pembina.com . Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization Adjusted EBITDA is a non-GAAP financial measure and is calculated as earnings before net finance costs, income taxes, depreciation and amortization (included in operations and general and administrative expense) and unrealized gains or losses on commodity-related derivative financial instruments. The exclusion of unrealized gains or losses on commodity-related derivative financial instruments eliminates the non-cash impact of such gains or losses. Adjusted EBITDA also includes adjustments to earnings for losses (gains) on disposal of assets, transaction costs incurred in respect of acquisitions, dispositions and restructuring, impairment charges or reversals in respect of goodwill, intangible assets, investments in equity accounted investees and property, plant and equipment, certain non-cash provisions and other amounts not reflective of ongoing operations. In addition, Pembina's proportionate share of results from investments in equity accounted investees with a preferred interest is presented in adjusted EBITDA as a 50 percent common interest . These additional adjustments are made to exclude various non-cash and other items that are not reflective of ongoing operations. The equivalent historical non-GAAP financial measure to 2025 adjusted EBITDA guidance is adjusted EBITDA for the year ended December 31, 2023. 12 Months Ended December 31, 2023 Pipelines Facilities Marketing & New Ventures Corporate & Inter-segment Eliminations Total ($ millions, except per share amounts) Earnings (loss) 1,840 610 435 (696) 1,776 Income tax expense — — — — 413 Adjustments to share of profit from equity accounted investees and other 172 438 84 — 694 Net finance costs 28 9 4 425 466 Depreciation and amortization 414 159 46 44 663 Unrealized loss from derivative instruments — — 32 — 32 Impairment reversal (231) — — — (231) Transaction costs incurred in respect of acquisitions, gain on disposal of assets and non-cash provisions 11 (3) (4) 7 11 Adjusted EBITDA 2,234 1,213 597 (220) 3,824 Adjusted EBITDA from Equity Accounted Investees In accordance with IFRS, Pembina's jointly controlled investments are accounted for using equity accounting. Under equity accounting, the assets and liabilities of the investment are presented net in a single line item in the Consolidated Statement of Financial Position, "Investments in Equity Accounted Investees". Net earnings from investments in equity accounted investees are recognized in a single line item in the Consolidated Statement of Earnings and Comprehensive Income "Share of Profit from Equity Accounted Investees". The adjustments made to earnings, in adjusted EBITDA above, are also made to share of profit from investments in equity accounted investees. Cash contributions and distributions from investments in equity accounted investees represent Pembina's share paid and received in the period to and from the investments in equity accounted investees. To assist in understanding and evaluating the performance of these investments, Pembina is supplementing the IFRS disclosure with non-GAAP proportionate consolidation of Pembina's interest in the investments in equity accounted investees. Pembina's proportionate interest in equity accounted investees has been included in adjusted EBITDA. 12 Months Ended December 31, 2023 Pipelines Facilities Marketing & New Ventures Total ($ millions) Share of profit (loss) from equity accounted investees - operations 109 233 (26) 316 Adjustments to share of profit from equity accounted investees: Net finance costs 22 160 1 183 Income tax expense — 41 — 41 Depreciation and amortization 150 207 25 386 Unrealized loss on commodity-related derivative financial instruments — 16 — 16 Transaction costs incurred in respect of acquisitions — 14 58 72 Total adjustments to share of profit from equity accounted investees 172 438 84 694 Adjusted EBITDA from equity accounted investees 281 671 58 1,010 Proportionately Consolidated Debt-to-Adjusted EBITDA Proportionately Consolidated Debt-to-Adjusted EBITDA is a non-GAAP ratio that management believes is useful to investors and other users of Pembina’s financial information in the evaluation of the Company’s debt levels and creditworthiness. 12 Months Ended ($ millions, except as noted) September 30, 2024 December 31, 2023 Loans and borrowings (current) 946 650 Loans and borrowings (non-current) 11,182 9,253 Loans and borrowings of equity accounted investees 2,770 2,805 Proportionately consolidated debt 14,898 12,708 Adjusted EBITDA 4,187 3,824 Proportionately consolidated debt-to-adjusted EBITDA (times) 3.6 3.3 ($ millions) 12 Months Ended September 30, 2024 9 Months Ended September 30, 2024 12 Months Ended December 31, 2023 9 Months Ended September 30, 2023 Earnings before income tax 1,791 976 2,189 1,374 Adjustments to share of profit from equity accounted investees and other 640 454 694 508 Net finance costs 514 398 466 350 Depreciation and amortization 805 627 663 485 Unrealized loss on derivative instruments 83 129 32 78 Non-controlling interest (1) (12) (12) — — Loss on Alliance/Aux Sable Acquisition 616 616 — — Derecognition of insurance contract provision (34) (34) — — Transaction and integration costs in respect of acquisitions 20 18 2 — Gain on disposal of assets, other non-cash provisions, and other (5) (18) 9 (4) Impairment reversal (231) — (231) — Adjusted EBITDA 4,187 3,154 3,824 2,791 =A+B-C A B C (1) Presented net of adjusting items. View source version on businesswire.com : https://www.businesswire.com/news/home/20241212048876/en/ CONTACT: For further information:Pembina Investor Relations (403) 231-3156 1-855-880-7404 investor-relations@pembina.com www.pembina.com KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: OIL/GAS ENERGY LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT UTILITIES SOURCE: Pembina Pipeline Corporation Copyright Business Wire 2024. PUB: 12/12/2024 05:05 PM/DISC: 12/12/2024 05:06 PM http://www.businesswire.com/news/home/20241212048876/en