Judge rejects request to sideline SJSU volleyball player
Donald Trump said Saturday that a surprise meeting with Canadian Prime Minister Justin Trudeau in Florida was "very productive," days after the incoming US leader rattled Ottawa with a vow to impose tariffs on Canadian imports. Trudeau, on an unannounced visit, had been seen smiling Friday as he exited a hotel in West Palm Beach to head to a dinner at Trump's Mar-a-Lago estate. Afterward, Trump posted on his Truth Social website that he had had "a very productive meeting with Prime Minister Justin Trudeau." He said the two men had discussed issues including "the Fentanyl and Drug Crisis that has decimated so many lives as a result of Illegal Immigration." He added, "Prime Minister Trudeau has made a commitment to work with us to end this terrible devastation of U.S. Families." Trudeau told journalists that he had had an "excellent conversation" with Trump, but did not elaborate. Trump has blamed Canada and Mexico for not stemming an influx of undocumented migrants and he blames them, and China, for drug problems in the United States. Trudeau's trip came after Trump sent shockwaves through the region Monday when he announced 25 percent import tariffs against Canada and Mexico and 10 percent against China if they failed to address the drug and migration problems. Such tariffs could have a devastating impact if imposed. More than three-quarters of Canadian exports, or Can$592.7 billion ($423 billion), went to the United States last year, and nearly two million Canadian jobs are dependent on trade. A Canadian government source had told AFP that Canada was considering possible retaliatory tariffs against the United States. Trudeau was the first foreign leader to meet with the US president-elect. But on Wednesday, Mexican President Claudia Sheinbaum spoke to Trump by phone and later ruled out a trade war with the United States. "There will not be a potential tariff war," she told reporters Thursday. Trump later said that Sheinbaum had "agreed to stop migration through Mexico... effectively closing our Southern border." But she said that there would be no closing of the border, stating: "Of course we do not agree with that." Some have suggested Trump's tariff threat was bluster, or an opening salvo in future trade negotiations. But Trudeau rejected those views when he spoke with reporters earlier in Prince Edward Island province. "Donald Trump, when he makes statements like that, he plans on carrying them out," Trudeau said. "There's no question about it." amc/jgc/nro/bbk/bfm
or signup to continue reading Victoria's Hume Region has seen growing investments into solar energy over the past few years, with the area being recognised by state and council bodies as a suitable location for the placement of solar farms. With market analysts projecting that Australia's solar output could (when compared to the nation's current estimated solar capacity), the development of solar farms across the Hume Region is set to play a major role in Australia reaching its Sustainable Development Goals. These trends haven't been ignored by Hume residents, with residential areas from Mitchell Shire and Mansfield all the way across to Towonga and Albury-Wodonga, all recording positive trends in solar investments across homeowners. The uptake of investments in (or 'solar photovoltaic systems') has also demonstrated that residents of the Hume Region are right on track to doing their part in Australia's flourishing solar revolution. We'll be taking a look back on the Hume Region's solar market growth over 2024, alongside showcasing projections of what's in store for the region's greening future. Currently, there are three established solar farms in the Hume Region, these being: Numurkah Solar Farm was the largest solar farm in Victoria at the time of its commissioning, but has since been usurped in size by Kiamal Solar Farm in Victoria's northwest. Alongside these three established solar farms, the Hume Region is also home to these developing solar farm projects: Alongside these three developing projects, there are estimates that more will come, with Greater Hume Council being supportive of emerging renewable energy projects, recognising the potential for solar farms to generate not just clean energy to power Victoria, but for local professionals and business owners as well. It's uncontested that Hume's solar farms are positioned to contribute significantly to the state's overall solar gains on top of providing solar energy to public service providers (i.e. Metro Melbourne, local power grids, etc.). However, there are reports suggesting that rooftop PV solar systems will end up of Australia's total solar energy output. This is because collectively, rooftop solar systems cover a wider combined area when compared to dedicated solar farms. With these figures in mind, local residents have been inspired to invest in their own solar PV solutions, contributing to the region's combined solar gains and maintaining the Hume Region's position as one of the state's largest solar producers, next to the Mallee Region bordering South Australia in Victoria's northwest. Here are the top towns leading the Hume Region in its monumental solar revolution: Historically, the benefit of solar farms over rooftop solar PV systems is that solar farms possessed the necessary infrastructure for solar energy storage via the use of battery cells. However, with recent advancements in the performance and capacity of for photovoltaic systems, residential households can also retain excess solar energy produced by their panels to power their homes virtually year-round, depending on the availability of solar energy. Simply put, the addition of solar battery investments provides residential solar investors with new opportunities to greatly reduce their reliance on solar farms or even on their local power grid. The ability to retain solar energy in greater amounts also provides improved potential for off-grid living in Australia, with solar battery technology being regarded as vital to the movement for self-sufficient households and neighbourhoods not only in Hume but across a diverse range of Australia's other regional areas as well. With solar battery investments, Hume Region residents can better harness their rooftop solar gains to accommodate not only their household's overall energy consumption, but can still make a profit by selling excess energy to their local power grid. This added fiscal benefit to solar PV system and battery investments has naturally positioned more Hume Region residents to make the green switch to solar solutions for their property. With the region's abundance of solar farms and developing solar projects, the Hume Region was already regarded as one of Victoria's highest regional producers of solar energy. Hume Region residents have the opportunity to build off of this momentum by continuing to be an example of solar readiness for wider Victoria. For Hume Region residents looking to make the switch to a solar photovoltaic system for their property and household, the best time to invest was yesterday. The second best time is right now. Make your move to solar energy today and join Australia's growing solar PV revolution. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementThe French government has collapsed. What happens now?
Special counsel Jack Smith’s move Monday to drop charges against Donald Trump now that he is heading back to the White House overjoyed Republicans, who took a victory lap on social media. The commentary from MAGA world ranged from gloating to calls to prosecute Smith, who hauled Trump into court for his attempts to subvert the 2020 election . “Huge win for America, President Trump, and the fight against the weaponization of the justice system,” House Speaker Mike Johnson told social media followers on X. “This was ALWAYS about politics and not the law,” he added. Sen. Josh Hawley (R-MO) viewed Smith’s legal move as a win for the American people. “Confirming what was obvious all along: this ‘prosecution’ was nothing more than election interference to keep Trump off the 2024 ballot. The left failed. The people won,” Hawley wrote on social media. ALSO READ: The America-attacking Trump is coming for our military — and then he's coming for us Rep. Marjorie Taylor Greene (R-GA) wrote that Jack Smith's case was "always political lawfare." "Just like Joe and Mika calling Trump 'Hitler' and a 'Nazi' for years and then after he wins the election, they go running over to Maralago (sic) trying to find a path to keep their dying show alive. Democrat voters have been brainwashed and gaslighted for years, trained to hate and fear Trump, all so they will donate and vote for Democrats to keep power, not for anything good for Americans. It’s all unraveling now," wrote Greene on X. Trump himself took to Truth Social on Monday to air his grievances with the criminal cases against him in a lengthy post. “These cases, like all of the other cases I have been forced to go through, are empty and lawless, and should never have been brought,” Trump wrote. “Over $100 Million Dollars of Taxpayer Dollars has been wasted in the Democrat Party’s fight against their Political Opponent, ME. Nothing like this has ever happened in our Country before.” But not all Republicans were thrilled, with at least one former lawmaker expressing his displeasure. “Yes, I’m disappointed in Merrick Garland , Jack Smith , & SCOTUS,” former Rep. Joe Walsh (R-IL) wrote on X. “But mostly I’m disappointed in the 76 million Americans who said ‘no big deal’ and voted for a candidate who, just 4yrs ago, lost an election, refused to concede, and then actually committed crimes trying to overthrow that election. The fact that 76 million Americans didn’t find THAT disqualifying will always be my biggest disappointment.”Jharkhand Election Results 2024: Kalpana Soren's Stardom & 'Maiya Samman Yojana' Script JMM's Success Story In State Polls
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar's dominance is threatened, however, with BRICS' growing share of GDP and the alliance's intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy." At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is "no chance" BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen "should wave goodbye to America.” Research shows that the U.S. dollar's role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump's latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.Wild F Kirill Kaprizov (knee) sits out against FlamesSAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador’s President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency. The adoption of bitcoin — which has been legal tender in the Central American nation since 2021 — never quite matched the president’s enthusiasm, but the value of the government’s reported investment now stands at more than $600 million. Bitcoin has rallied mightily since Donald Trump’s election victory last month, exceeding the $100,000 mark on Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. Just two years ago, bitcoin’s volatile value fell below $17,000. Bitcoin fell back below the $100,000 by Thursday afternoon, sitting just above $99,000 by 3 p.m. E.T. Bukele on Thursday blamed his beleaguered political opposition for causing many Salvadorans to miss out on the bonanza. There were street protests when the Congress made bitcoin legal tender in June 2021, though that move was not the only motivation for the protesters. RELATED COVERAGE Catholic church calls on president of El Salvador not to lift ban on gold mining El Salvador president proposes ending country’s metals mining ban Costa Rica bestows highest diplomatic honor on El Salvador President Bukele for security gains The tiny Central American country has long used the dollar as currency, but Bukele promised bitcoin would provide new opportunities for El Salvador’s unbanked and cut out money transfer services from the remittances Salvadorans abroad send home. The government offered $30 in bitcoin to those who signed up for digital wallets. Many did so, but quickly cashed out the cryptocurrency. “It’s important to emphasize that not only did the opposition err resoundingly with bitcoin, but rather, differently from other issues (where they have also been wrong), this time their opposition affected many,” Bukele wrote on Facebook. Bukele drew an “impressive” comment from Elon Musk on the social media platform X Thursday. El Salvador’s former Central Bank President Carlos Acevedo pointed out on Thursday that while there has been a gain, it remains an unrealized one until the government’s bitcoin is sold. That said, he credited Bukele’s administration with doing well on the bitcoin move, especially in light of Trump’s election. Acevedo said “the markets’ optimism that a Trump administration will be friendly with the markets and particularly with bitcoin” explained its sustained rally over the past month. But the cryptocurrency’s volatility was a persistent risk, he said. “The average Salvadoran doesn’t use bitcoin, but obviously there are Salvadorans with economic resources who even before had already invested in bitcoin, but it is a small group,” Acevedo said. Esteban Escamilla, a worker in a clothing store in Santa Tecla, outside the capital San Salvador, said he had cashed out the original $30 of bitcoin offered in 2021. “I don’t use bitcoin because I don’t have (money) to invest and speculate with, but I know it has gone up a lot,” he said, recognizing that he would have more money now if he had kept it in bitcoin. Josefa Torres, 45, said as she was doing her grocery shopping that she didn’t have any bitcoin either. “I took out the money and used it for household expenses,” she said. At the conclusion of meetings between the International Monetary Fund and El Salvador’s government in August, the IMF issued a statement that mentioned the country’s bitcoin holdings. “While many of the risks have not yet materialized, there is joint recognition that further efforts are needed to enhance transparency and mitigate potential fiscal and financial stability risks from the Bitcoin project,” the IMf said.
Biohong Group Initiates the "Microspherization Technology Era" in Skincare 12-05-2024 09:08 PM CET | Fashion, Lifestyle, Trends Press release from: Getnews / PR Agency: Global Social As a global leader in artificial skin manufacturing and a pioneer in the application of regenerative medicine and synthetic biology in China, the core founding team of Biohong Group has discovered through in-depth research on cell development, regeneration, and repair that the root cause of skin aging, dullness, redness, and swelling is cellular issues. Based on a profound understanding and specialized research of skin and cells, the group has successfully developed the groundbreaking "Dermal Targeting Specific Supramolecule Technology." Image: https://www.getnews.info/uploads/84e90ed1ac5e7671d45769e8781ab0bf.jpg This series of technologies upgrades peptides, collagen, and nucleic acid ingredients, which are widely recognized as difficult to penetrate the skin, target, and deliver precisely. By employing interdisciplinary technical methods, these ingredients have been iterated into Peptide Microspheres, Collagen Microspheres and PDRN Microspheres, breaking through their application limitations and directly reaching target cells. This has achieved targeted enhancement of Peptide Microspheres, strong penetration of Collagen Microspheres, and precise anti-aging of PDRN Microspheres, allowing actives to penetrate to the cellular and organelle level, achieving true precision skincare, and bringing new ideas to the revolutionary upgrade of efficacy materials and precise skincare product solutions. Image: https://www.getnews.info/uploads/9cb614189a3800163e0db0cc7ea81333.jpg Peptides, collagen, and PDRN have been highly regarded for their outstanding efficacy, but their application in cosmetics is limited by issues such as stability, permeability, and targeting. Biohong Group has simulated long-chain botulinum-like peptides using computer modeling, modified with myristoyl group to self-assemble into a stable spherical structure, giving it better permeability, stronger stability, and more significant anti-wrinkle and firming effects. This allows the peptides to increase dermal penetration by 393.14% at the 2-hour time point, significantly increasing collagen fiber content by 460%, and Type IV collagen content by 168%. Additionally, these Peptide Microspheres can carry other active ingredients, achieving intelligent assembly and intelligent dissociation for "multi-effect." For example, Peptide Microspheres combined with melittin form Melittin Microspheres, which can not only achieve precise anti-aging but also actively repair damaged and missing collagen in the body, as well as provide anti-inflammatory, soothing, and whitening effects. Image: https://www.getnews.info/uploads/ab12fb3008e452ede69d3789ac398b7e.jpg Biohong Group, based on its self-developed recombinant human type III collagen, uses microspherization technology to compress extremely it into spherical collagen layer by layer with a particle size of less than 120 nanometers. This disruptive innovation not only greatly enhances the permeability and targeting of collagen but also more accurately replenishes the collagen needed by the skin, promoting cell repair and regeneration. It allows for rapid penetration into the skin, reaching the dermis in 0.5 hours, with an increased permeability rate of 255.14%. Image: https://www.getnews.info/uploads/258d1968c012a858d4b0a26f60fad0d4.jpg PDRN, short for PolyDeoxyRiboNucleotide, has been widely used in skin regeneration and wound healing. Due to its poor stability and weak transdermal ability, it is often delivered to the dermis via microneedles or injections. Biohong Group employs its self-developed spherical PDRN technology to compress PDRN into nanoscale, overcoming the challenges of PDRN's difficulty in penetrating the skin and susceptibility to degradation. This allows it to rapidly penetrate the epidermis in 0.5 hours, with a 427.34% increase in dermal permeability after 1 hour, a 68% increase in DNA repair effects, and a 121% increase in collagen fiber content, enabling PDRN to rapidly penetrate cellular layers and precisely target damaged cells, repairing them and promoting collagen production. Image: https://www.getnews.info/uploads/0f43078db7e02eff185d3240a012720b.jpg The Biohong Group is launching precise cellular regulation skincare technology based on regenerative medicine to the world. From regenerative medicine to precision skincare, Biohong Group, based on regenerative medicine, integrates the interdisciplinary advantages of cell biology, dermatology, synthetic biology, and materials science, continuously innovating in the field of precision skincare from cells to organelles. By regulating at the cellular level and reconstructing new efficacy material solutions, it opens a new chapter in precision skincare. On December 5, 2024, Biohong Group held the "Global Launch Conference of Dermal Targeting Specific Supramolecules (DTSS)" in Xi'an, China, where it launched its precision cell regulation achievement - the "Supramolecular Microsphere Technology," marking a revolutionary breakthrough in precision skincare and ushering in the era of precision cell regulation. Media Contact Company Name: Biohong Group Contact Person: Wang Yidan Email: Send Email [ http://www.universalpressrelease.com/?pr=biohong-group-initiates-the-microspherization-technology-era-in-skincare ] Country: China Website: http://www.biohong.com/ This release was published on openPR.
Stock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000
Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end with another record day for air travel in the United States. AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday, most of them by car. However, travelers could be impacted by ongoing weather challenges and those flying to their destinations could be grounded by delays brought on by airline staffing shortages and an airport service workers strike . Here's the latest: U.S. airlines are preparing for a Thanksgiving holiday rush, and so are the U.S. Postal Service, United Parcel Service and FedEx. Shipping companies will deliver about 2.2 billion packages to homes and businesses across the U.S. from Thanksgiving to Dec. 31, said Satish Jindel, a shipping and logistics expert and president of ShipMatrix. That’s down from 2.3 billion packages last year. Because the shopping period is a week shorter than in 2023, consumers are shopping further ahead of Black Friday and more purchases are taking place in physical stores, he said. The number of holiday package shipments grew 27% in 2020 and by more than 3% the following year during the pandemic. The numbers have been falling since then, with a projected decline of about 6% this holiday season. Looking to de-stress while waiting for your flight? Many airports have a fleet of therapy dogs — designated fidos and puppers that are eager to receive pets and snuggles from weary travelers. Rules and schedules vary from airport to airport, but the group AirportTherapyDogs uses online crowdsourcing to share the locations of therapy dogs across its various social media accounts. Today, Gracie, a toy Australian shepherd, and Budge, an English bulldog, wandered the concourses at Denver International Airport, and an American Staffordshire Terrier named Hugo greeted travelers at Punta Gorda Airport in Florida. Some airports even feature other therapy pals. San Francisco International Airport’s fleet of animals includes a Flemish Giant rabbit and a hypoallergenic pig. “We cannot live on the wages that we are being paid,” ABM cabin cleaner Priscilla Hoyle said at a rally earlier Monday. “I can honestly say it’s hard every single day with my children, working a full-time job but having to look my kids in the eyes and sit there and say, ‘I don’t know if we’re going to have a home today.’” Timothy Lowe II, a wheelchair attendant, said he has to figure out where to spend the night because he doesn’t make enough for a deposit on a home. “We just want to be able to have everything that’s a necessity paid for by the job that hired us to do a great job so they can make billions,” he said. ABM said it is “committed to addressing concerns swiftly” and that there are avenues for employees to communicate issues, including a national hotline and a “general open door policy for managers at our worksite.” Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. They described living paycheck to paycheck while performing jobs that keep planes running on schedule. Most of them earn $12.50 to $19 an hour, union officials said. Rev. Glencie Rhedrick of Charlotte Clergy Coalition for Justice said those workers should make $22 to $25 an hour. The strike is expected to last 24 hours. Several hundred workers participated in the work stoppage. Forty-four fights have been canceled today and nearly 1,900 were delayed by midday on the East Coast, according to FlightAware . According to the organization’s cheekily named MiseryMap , San Francisco International Airport is having the most hiccups right now, with 53 delays and three cancellations between 11 a.m. and 3 p.m. EST. While that might sound like a lot of delays, they might not be so bad compared to last Friday when the airport suffered 671 delays and 69 cancellations. In an apparent effort to reduce the headaches caused by airport line cutting, American Airlines has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. As of Wednesday, the airline announced, the technology is now being used in more than 100 U.S. airports that American flies out of. The official expansion arrives after successful tests in three of these locations — Albuquerque International Sunport, Ronald Reagan Washington National Airport and Tucson International Airport. ▶ Read more about American Airlines’ new boarding technology Travel can be stressful in the best of times. Now add in the high-level anxiety that seems to be baked into every holiday season and it’s clear travelers could use some help calming frazzled nerves. Here are a few ways to make your holiday journey a little less stressful: 1. Make a checklist of what you need to do and what you need to bring 2. Carry your comfort with you — think noise-canceling headphones, cozy clothes, snacks and extra medication 3. Stay hydrated 4. Keep up to date on delays, gate changes and cancellations with your airline’s app ▶ Read more tips about staying grounded during holiday travel Thanksgiving Day takes place late this year, with the fourth Thursday of November falling on Nov. 28. That shortens the traditional shopping season and changes the rhythm of holiday travel. With more time before the holiday , people tend to spread out their outbound travel over more days, but everyone returns at the same time, said Andrew Watterson, the chief operating officer of Southwest Airlines . “A late Thanksgiving leads to a big crush at the end,” Watterson said. “The Saturday, Sunday, Monday and Tuesday after Thanksgiving are usually very busy with Thanksgiving this late.” Airlines did a relatively good job of handling holiday crowds last year, when the weather was mild in most of the country. Fewer than 400 U.S. flights were canceled during Thanksgiving week in 2023 — about one out of every 450 flights. So far in 2024, airlines have canceled about 1.3% of all flights. Drivers should know that Tuesday and Wednesday afternoons will be the worst times to travel by car, but it should be smooth sailing on freeways come Thanksgiving Day, according to transportation analytics company INRIX. On the return home, the best travel times for motorists are before 1 p.m. on Sunday, and before 8 a.m. or after 7 p.m. on Monday, the company said. In metropolitan areas like Boston, Los Angeles, New York, Seattle and Washington, “traffic is expected to be more than double what it typically is on a normal day,” INRIX transportation analyst Bob Pishue said. Federal Aviation Administration Administrator Mike Whitaker said last week that he expects his agency to use special measures at some facilities to deal with an ongoing shortage of air traffic controllers. In the past, those facilities have included airports in New York City and Florida. “If we are short on staff, we will slow traffic as needed to keep the system safe,” Whitaker said. The FAA has long struggled with a shortage of controllers that airline officials expect will last for years, despite the agency’s lofty hiring goals. 5. Auto club and insurance company AAA predicts that nearly 80 million Americans will venture at least 50 miles from home between Tuesday and next Monday. Most of them will travel by car. 6. Drivers should get a slight break on gas prices . The nationwide average price for gasoline was $3.06 a gallon on Sunday, down from $3.27 at this time last year. 7. The Transportation Security Administration expects to screen 18.3 million people at U.S. airports during the same seven-day stretch. That would be 6% more than during the corresponding days last year but fit a pattern set throughout 2024. 8. The TSA predicts that 3 million people will pass through airport security checkpoints on Sunday; more than that could break the record of 3.01 million set on the Sunday after the July Fourth holiday. Tuesday and Wednesday are expected to be the next busiest air travel days of Thanksgiving week. ▶ Read more about Thanksgiving travel across the U.S. Workers who clean airplanes, remove trash and help with wheelchairs at Charlotte’s airport, one of the nation’s busiest, went on strike Monday to demand higher wages. The Service Employees International Union announced the strike in a statement early Monday, saying the workers would demand “an end to poverty wages and respect on the job during the holiday travel season.” The strike was expected to last 24 hours, said union spokesperson Sean Keady. Employees of ABM and Prospect Airport Services cast ballots Friday to authorize the work stoppage at Charlotte Douglas International Airport, a hub for American Airlines. The two companies contract with American, one of the world’s biggest carriers, to provide services such as cleaning airplane interiors, removing trash and escorting passengers in wheelchairs. ▶ Read more about the Charlotte airport workers’ strike Parts of the Midwest and East Coast can expect to see heavy rain into Thanksgiving, and there’s potential for snow in Northeastern states. A storm last week brought rain to New York and New Jersey, where wildfires have raged in recent weeks, and heavy snow to northeastern Pennsylvania. The precipitation was expected to help ease drought conditions after an exceptionally dry fall. Heavy snow fell in northeastern Pennsylvania, including the Pocono Mountains. Higher elevations reported up to 17 inches (43 centimeters), with lesser accumulations in valley cities including Scranton and Wilkes-Barre. Around 35,000 customers in 10 counties were still without power, down from 80,000 a day ago. In the Catskills region of New York, nearly 10,000 people remained without power Sunday morning, two days after a storm dumped heavy snow on parts of the region. Precipitation in West Virginia helped put a dent in the state’s worst drought in at least two decades and boosted ski resorts as they prepare to open in the weeks ahead. ▶ Read more about Thanksgiving week weather forecasts Two people died in the Pacific Northwest after a rapidly intensifying “ bomb cyclone ” hit the West Coast last Tuesday, bringing fierce winds that toppled trees and power lines and damaged homes and cars. Hundreds of thousands lost electricity in Washington state before powerful gusts and record rains moved into Northern California. Forecasters said the risk of flooding and mudslides remained as the region will get more rain starting Sunday. But the latest storm won’t be as intense as last week’s atmospheric river , a long plume of moisture that forms over an ocean and flows over land. “However, there’s still threats, smaller threats, and not as significant in terms of magnitude, that are still going to exist across the West Coast for the next two or three days,” weather service forecaster Rich Otto said. As the rain moves east throughout the week, Otto said, there’s a potential for heavy snowfall at higher elevations of the Sierra Nevada, as well as portions of Utah and Colorado. California’s Mammoth Mountain, which received 2 feet (0.6 meters) of fresh snow in the recent storm, could get another 4 feet (1.2 meters) before the newest system clears out Wednesday, the resort said. Another round of wintry weather could complicate travel leading up to the Thanksgiving holiday, according to forecasts across the U.S., while California and Washington state continue to recover from storm damage and power outages. In California, where two people were found dead in floodwaters on Saturday, authorities braced for more rain while grappling with flooding and small landslides from a previous storm . Here’s a look at some of the regional forecasts: 9. Sierra Nevada: The National Weather Service office issued a winter storm warning through Tuesday, with heavy snow expected at higher elevations and wind gusts potentially reaching 55 mph (88 kph). Total snowfall of roughly 4 feet (1.2 meters) was forecast, with the heaviest accumulations expected Monday and Tuesday. 10. Midwest and Great Lakes: The Midwest and Great Lakes regions will see rain and snow Monday and the East Coast will be the most impacted on Thanksgiving and Black Friday, forecasters said. 11. East Coast: A low pressure system is forecast to bring rain to the Southeast early Thursday before heading to the Northeast. Areas from Boston to New York could see rain and breezy conditions, with snowfall possible in parts of northern New Hampshire, northern Maine and the Adirondacks. If the system tracks further inland, there could be less snow and more rain in the mountains, forecasters said. ▶ Read more about Thanksgiving week weather forecastsThird quarter revenue totaled $173.4 million , representing an increase of 19% year-over-year. Trailing four quarter average Net Dollar Retention Rate was 109% at the end of the third quarter of fiscal 2025 as compared to 119% at the end of third quarter of fiscal 2024 . Third quarter GAAP RPO totaled $775.4 million , representing an increase of 14% year-over-year; third quarter current GAAP RPO totaled $481.4 million , representing an increase of 20% year-over-year. Third quarter non-GAAP RPO totaled $795.6 million , representing an increase of 14% year-over-year; third quarter current non-GAAP RPO totaled $499.4 million , representing an increase of 19% year-over-year. SAN FRANCISCO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), The Infrastructure CloudTM company, today announced financial results for its third quarter of fiscal 2025, ended October 31, 2024. “The HashiCorp team delivered strong performance during the third quarter of fiscal 2025, with revenue growth of 19% year-over-year, and 8% growth in $100,000 customers year-over-year” said Dave McJannet, CEO, HashiCorp. “This quarter we gathered our community of customers, practitioners, and partners at HashiConf in Boston, where we announced critical updates across Infrastructure and Security Lifecycle Management product lines, and also continued work towards closing the company's transaction with IBM.” "HashiCorp continued to see promising growth in adoption of the HashiCorp Cloud Platform, with cloud revenues exceeding 17% of total subscription revenue this quarter" said Werner Schwock, Interim CFO & CAO. "New HashiCorp Cloud Platform features announced this quarter will continue to support our Infrastructure Cloud vision.” Proposed Merger with International Business Machines ("IBM") As announced on April 24, 2024, HashiCorp and IBM have entered into a merger agreement under which IBM will acquire HashiCorp for $35.00 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp stockholders approved the merger agreement on July 15, 2024. The transaction is expected to be completed in the first calendar quarter of 2025, subject to the satisfaction or waiver of the closing conditions in the merger agreement. In light of the proposed transaction with IBM, HashiCorp will not be holding a conference call to discuss financial results or providing financial guidance in conjunction with its third quarter of fiscal 2025 earnings release. Fiscal 2025 Third Quarter Financial Results Revenue: Total revenue was $173.4 million in the third quarter of fiscal 2025, up 19% from $146.1 million in the same period last year. Gross Profit: GAAP gross profit was $143.6 million in the third quarter of fiscal 2025, representing an 83% gross margin, compared to a GAAP gross profit of $120.5 million and an 82% gross margin in the same period last year. Non-GAAP gross profit was $148.4 million in the third quarter of fiscal 2025, representing an 86% non-GAAP gross margin, compared to a non-GAAP gross profit of $125.4 million and an 86% non-GAAP gross margin in the same period last year. Operating Income (Loss): GAAP operating loss was $29.9 million in the third quarter of fiscal 2025, compared to GAAP operating loss of $55.6 million in the same period last year. Non-GAAP operating income was $11.0 million in the third quarter of fiscal 2025, compared to a non-GAAP operating loss of $10.5 million in the same period last year. Net Income (Loss): GAAP net loss was $13.0 million in the third quarter of fiscal 2025, compared to a GAAP net loss of $39.5 million in the same period last year. Non-GAAP net income was $26.9 million in the third quarter of fiscal 2025, compared to a non-GAAP net income of $5.6 million in the same period last year. Net Income (Loss) per Share: GAAP basic and diluted net loss per share was $0.06, based on 203.5 million weighted-average shares outstanding in the third quarter of fiscal 2025, compared to a GAAP net loss per share of $0.20 based on 194.6 million weighted-average shares outstanding in the same period last year. Non-GAAP basic and dilutive net income per share were both $0.13, based on 203.5 million and 211.7 million weighted-average shares outstanding, respectively, in the third quarter of fiscal 2025, compared to a non-GAAP basic and diluted net income per share of $0.03 in the same period last year. Remaining Performance Obligation (RPO): Total RPO was $775.4 million at the end of the third quarter of fiscal 2025, up from $678.2 million in the same period last year. The current portion of GAAP RPO was $481.4 million at the end of the third quarter of fiscal 2025, up from $402.1 million at the end of the same period last year. Total non-GAAP RPO was $795.6 million at the end of the third quarter of fiscal 2025, up from $700.4 million at the end of the same period last year. The current portion of non-GAAP RPO was $499.4 million at the end of the third quarter of fiscal 2025, up from $420.8 million at the end of the same period last year. Cash, cash equivalents, and investments: Net cash provided by operating activities was $38.2 million in the third quarter of fiscal 2025, compared to $8.7 million provided by operating activities in the same period last year. Cash, cash equivalents and short-term investments totaled $1,346.4 million at the end of the third quarter of fiscal 2025, compared to $1,255.7 million at the end of the same period last year. Reconciliations of GAAP financial measures to the most comparable non-GAAP financial measures have been provided in the tables included in this release. Fiscal 2025 Third Quarter and Recent Operating Highlights HashiCorp ended the third quarter of fiscal 2025 with 4,856 customers, up from 4,709 customers at the end of the previous fiscal quarter, and up from 4,354 customers at the end of the third quarter of fiscal 2024. The Company ended the third quarter of fiscal 2025 with 946 customers with equal or greater than $100,000 in Annual Recurring Revenue (“ARR”), up from 934 customers at the end of the previous fiscal quarter and 877 customers at the end of the third quarter of fiscal 2024. Customers with equal to or greater than $100,000 in ARR represented 89% of total revenue in the third quarter of fiscal 2025 compared to 89% in the previous fiscal quarter and 89% in the third quarter of fiscal 2024. Quarterly subscription revenue from HashiCorp Cloud Platform (HCP) reached $29.0 million in the third quarter of fiscal 2025, up from $26.5 million in the previous fiscal quarter and up from $19.9 million in the third quarter of fiscal 2024. The Company's trailing four quarter average Net Dollar Retention Rate was 109% at the end of the third quarter of fiscal 2025, compared to 110% in the previous quarter and 119% at the end of the third quarter of fiscal 2024. About HashiCorp, Inc. HashiCorp is The Infrastructure CloudTM company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastructure Cloud on the HashiCorp Cloud Platform (HCP) for managed cloud services, as well as self-hosted enterprise offerings and community source-available products. The company is headquartered in San Francisco, California. For more information, visit hashicorp.com . All product and company names are trademarks or registered trademarks of their respective holders. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995, as amended, including, among others, statements about HashiCorp’s business strategy, go-to-market initiatives, revenue growth, and long-term opportunity related to HashiCorp’s product innovation, and the proposed merger with IBM. In some cases you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “likely,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or similar expressions and the negatives of those terms. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from current expectations and beliefs, including but not limited to risks and uncertainties related to market conditions, HashiCorp and its business as set forth in our filings with the Securities and Exchange Commission (“SEC”) pursuant to our Annual Report on Form 10-K dated March 20, 2024, Quarterly Report on Form 10-Q dated December 5, 2024, and our future reports that we may file from time to time with the SEC. These documents contain and identify important factors that could cause the actual results for HashiCorp to differ materially from those contained in HashiCorp’s forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and HashiCorp specifically disclaims any obligation to update any forward-looking statement, except as required by law. Use of Non-GAAP Financial Measures In addition to our results determined in accordance with GAAP, we have disclosed non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating loss, non-GAAP net loss, non-GAAP net loss per share, non-GAAP free cash flow and total and current non-GAAP RPOs, which are all non-GAAP financial measures. We have provided tabular reconciliations of each non-GAAP financial measure to its most directly comparable GAAP financial measure at the end of this release. We calculate non-GAAP gross profit as GAAP gross profit before amortization of stock-based compensation included in the amortized expenses of capitalized internal-use software, stock-based compensation expense, and amortization of acquired intangibles included in cost of revenue. We calculate non-GAAP gross margin as GAAP gross margin before the impact of stock-based compensation of capitalized internal-use software, stock-based compensation expense and amortization of acquired intangibles included in cost of revenue as a percentage of revenue. We calculate non-GAAP operating loss as GAAP operating loss before amortization of stock-based compensation of capitalized internal-use software, stock-based compensation expense, amortization of acquired intangibles, and merger and acquisition-related expenses. We calculate non-GAAP net income (loss) as GAAP net loss before amortization of stock-based compensation of capitalized internal-use software, stock-based compensation expense, amortization of acquired intangibles, and merger and acquisition-related expenses, which comprise one-time costs associated with advisory, legal, and other professional fees, net of tax adjustments. We calculate non-GAAP net income (loss) per share as non-GAAP net income (loss) divided by weighted average shares outstanding (basic and diluted). We calculate non-GAAP free cash flow as net cash provided by (used in) operating activities less purchases of property and equipment and capitalized internal-use software costs. Non-GAAP free cash flow as a % of revenue is calculated as non-GAAP free cash flow divided by total revenue. We calculate non-GAAP RPOs as RPOs plus customer deposits, which are refundable pre-paid amounts, based on the timing of when these customer deposits are expected to be recognized as revenue in future periods. The current portion of non-GAAP RPO represents the amount to be recognized as revenue over the next 12 months. Our management team uses these non-GAAP financial measures internally in analyzing our financial results and believe they are useful to investors, as a supplement to GAAP measures, in evaluating our ongoing operational performance. We believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing our financial results with other companies in our industry, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. In particular, other companies may report non-GAAP gross profit, non-GAAP gross margin, non-GAAP loss from operations, non-GAAP net income (loss), non-GAAP net income (loss) per share, non-GAAP free cash flow, non-GAAP RPOs or similarly titled measures but calculate them differently, which reduces their usefulness as comparative measures. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures, as presented below. This earnings press release and any future releases containing such non-GAAP reconciliations can also be found on the Investor Relations page of our website at https://ir.hashicorp.com . (1) The adjustments relate to the tax impact of stock-based compensation expense and amortization of acquired intangibles. (1) For the reconciliation of GAAP to non-GAAP for the historical periods presented, refer to our prior earning releases. (2) Amount is less than 1%. (1) For the reconciliation of GAAP to non-GAAP for the historical periods presented, refer to our prior earning releases. Investor Contact HashiCorp ir@hashicorp.com Media Contact Kate Lehman HashiCorp media@hashicorp.com
The upcoming shutdown of the Capital Club in downtown San Jose creates a void for business and political meetings locally. Share this: Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to print (Opens in new window) Click to email a link to a friend (Opens in new window) Click to share on Reddit (Opens in new window) Report an error Policies and Standards Contact Us Most Popular Dear Abby: I’m asking for a friend whose husband is so cheap he goes to the hospital to eat Dear Abby: I'm asking for a friend whose husband is so cheap he goes to the hospital to eat Miss Manners: I was embarrassed by the hostess’s muttered complaint about me Miss Manners: I was embarrassed by the hostess's muttered complaint about me Harriette Cole: We didn’t listen to my boyfriend’s mom, and now we’re in trouble Harriette Cole: We didn't listen to my boyfriend's mom, and now we're in trouble Dear Abby: I just learned that my surly mother-in-law has a policy on my life Dear Abby: I just learned that my surly mother-in-law has a policy on my life Watch: Live webcams on Northern California waters after tsunami alert Watch: Live webcams on Northern California waters after tsunami alert Asking Eric: Our 6-week separation has been so nice. Now she wants to hang out. Asking Eric: Our 6-week separation has been so nice. Now she wants to hang out. 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O'Connell didn't look like a quarterback who hadn't played in nearly six weeks because of a broken thumb . Plus, the Raiders had a short week to prepare for the Chiefs, meaning O'Connell only went through a series of walk-through practices. Even so, he completed 23 of 35 passes for 340 yards, including touchdown passes of 33 yards to tight end Brock Bowers and 58 yards to wide receiver Tre Tucker. He didn't throw any interceptions. “Thought he competed,” coach Antonio Pierce said Saturday morning. “I thought for what we knew we were getting with Spags (Kansas City defensive coordinator Steve Spagnuolo) and that defense, that he stood in the pocket, made some tough throws, took some hits, took the shots down the field like we wanted. We had some opportunities to take shots down the field, he threw them. And I thought our skill guys did a hell of a job competing and making some really good plays for us.” O'Connell's performance would've shined even more if not for the Raiders' final offensive play. He led the Raiders from their 8-yard line to the Chiefs 32 with 15 seconds left. The plan was for O'Connell to take the snap and throw the ball away to run off a few more seconds, then send Daniel Carlson out for the potential winning field goal without giving Patrick Mahomes enough time to mount one of his signature comebacks. But rookie center Jackson Powers-Johnson snapped the ball before O'Connell was expecting it, and the Chiefs recovered to secure another close, last-minute victory. The Raiders were called for illegal shift, which Kansas City declined. But there was some question about whether officials intended to call a false start instead. Though that infraction would have cost Las Vegas 5 yards, the pre-snap penalty still would've given Carlson a shot at the field goal. Pierce said his team heard an official's whistle before the snap, and that will be included in the Raiders' report to the NFL. “We do that every game,” Pierce said. “Typically, anywhere from three to five questions, and then we’ll get a letter within 24 to 36 hours, and we’ll read it and learn from it.” Bowers had another sensational game. He was targeted 14 times, catching 10 passes for 140 yards. For the season, he has 84 receptions for 884 yards and four TDs, making him a strong contender for Offensive Rookie of the Year. “We’re seeing double-teams and them really shifting their zone to him, and I don’t really think it matters,” Pierce said. “I think we've got a really special player on our hand.” The Raiders need to do better on first and second downs to set up more favorable third-down conversions. They have faced 47 third downs from 7 to 10 yards, tied with the Dallas Cowboys for fifth most. Las Vegas' conversion rate on those plays is 36.2%, which actually is favorable compared to the rest of the league, but the Raiders are still creating too many of those situations. Las Vegas made life difficult for Mahomes, sacking him five times. And it wasn't just Maxx Crosby bringing the heat. Four players had at least one-half sack, including K’Lavon Chaisson, who had 1 1/2. It was a season-high total for the Raiders, and they have taken down the opposing quarterback in 30 consecutive games, the third-longest active streak. Carlson is usually money, but he missed field goals from 56, 55 and 58 yards. Hardly chip shots, but he is capable of converting from those distances. He had made 30 of 38 field goals from 50-plus yards entering the game, with a career long of 57 yards. WR DJ Turner injured his knee in the second half. 12 — The Raiders are one of three teams to fall behind double digits in each of their first 12 games of a season. The others were the 1986 Indianapolis Colts and 1972 New England Patriots. The Raiders visit Tampa Bay on Dec. 8. AP NFL: https://apnews.com/hub/nfl
Have the New York Jets finally figured out the right way to locate top talent in front-office positions? After a week full of anonymous headlines, it appears that may be the case. Last week, numerous reports from The Athletic detailed the Jets as a team too focused on the opinion of "non-football people" in prominent roles. Even owner Woody Johnson was said to be too interested in the opinions of fans on social media than the opinions of the people paid to do their jobs. Darren Yamashita-Imagn Images Those same reports have seemed to light a fire for Johnson that his hiring process will need help from independent consultants that have prior executive experience. His latest agreement has done exactly that. New York has hired the 33rd Team in a consulting role to assist in identifying and vetting candidates and interviews for their GM and HC positions. Former Jets general manager and founder of the 33rd Team, Mike Tannenbaum, and former Vikings general manager Rick Spielman are expected to help the most for the Jets. The news of Gang Green going back to a former team executive, as well as a popular league executive in Spielman should be great news for the fanbase. Too many times in the past it has felt that the organization has taken opinions from people without scouting or proper league experience. It's led to different opinions on how to improve the organization in the middle of a 13-year postseason-less drought. What New York needs more than anything is a single plan on how to improve the team both inside and out. That won't happen until they get the right general manager in the building, then the head coach, then the quarterback, and so on. Related: Jets Fans Deserve Better After Headline Hell Bringing in two consultants like Tannenbaum and Spielman is exactly what the Washington Commanders did to improve their fortunes this past offseason. It led to the hiring of Adam Peters and Dan Quinn. Washington now has double the amount of wins they recorded the season prior and is a clear favorite to reach the playoffs in the first season of this new regime. The same fortune could come to the Jets if they are able to get both executive positions right. It's what makes the hiring of experienced consultants so important. Gone appear to be the days when Johnson and his family would turn to Twitter to figure out a way to solve their vacancies. Instead, the "football guys" are back in charge in Florham Park. And it could change life forever for the Jets. Related: Jets Problem is Aaron's Power
Democrat Adrian Cortes narrowly defeated Republican Brad Benton on Tuesday in a closely-watched election for an open seat in the Washington state Senate. But with only a 172-vote margin in results certified by Clark County, a machine recount will be required to confirm the outcome. “I’m extraordinarily confident that we have secured a victory in this race,” Cortes said Tuesday. He said Benton phoned last week to concede and offer congratulations. Tuesday marked the deadline for auditors in Washington’s 39 counties to certify their respective vote tallies. Secretary of State Steve Hobbs will certify the results of the statewide election Dec. 4, formalizing wins for a new state Supreme Court justice, four new statewide executives including governor, and several new members in each chamber of the state Legislature. This will also bring finality to passage of one statewide initiative and defeat of three others. The fierce duel between Benton and Cortes proved to be the closest race for a legislative or statewide office this year. It will be the only one for which Hobbs will order ballots to be retallied. Cortes edged Benton by a margin of 50.1% to 49.9%, finishing with 42,053 votes to Benton’s 41,881. The winner will succeed retiring Republican Sen. Ann Rivers in the 18th Legislative District. State law requires a machine recount when the difference between candidates is less than 2,000 votes and also less than half of 1% of the total votes cast for both candidates. A hand recount is mandated when the difference between the top two candidates is less than 150 votes and also less than one-quarter of 1% of the total votes cast for both candidates. A Republican-held district for more than two decades, Democratic Party leaders entered the year optimistic they could flip the Senate seat in the 18th with Cortes, a Battle Ground City Council member, as their candidate. “I’m just grateful to be elected by voters to go up to Olympia to protect their interests,” Cortes said. Meanwhile, Democrats also expanded their majority in the House with Adison Richards’ defeat of Republican Jesse Young, a former state lawmaker, in the 26th Legislative District. Richards will succeed Rep. Spencer Hutchins, R-Gig Harbor, who did not seek re-election. Barring any changes, Democrats will outnumber Republicans 59-39 in the House and 30-19 in the Senate when the 2025 legislative session begins Jan. 13. A new era Sal Mungia will soon fill an open Washington state Supreme Court seat after results showed him beating Dave Larson by more than 20,000 votes in what turned out to be the closest statewide contest. Mungia will replace Justice Susan Owens who will retire at the end of the year. Washington State Supreme Court justices serve six-year terms and face mandatory retirement at age 75. The gap between the two candidates grew since Election Day, but in Tuesday’s final vote tallies, Mungia remained less than 1% ahead of Larson. Given the wide vote gap, the race was still out of recount range. Mungia is a trial and appellate court lawyer who had the endorsement of eight of the nine current justices, Gov. Jay Inslee and other Democratic elected officials across the state. Larson had the backing of the state Republican Party. Larson made a last-ditch push to get voters to fix problems with challenged ballots in the hopes that he could catch up to Mungia. On Monday, Larson posted on X that the close results showed that people in Washington are pushing against partisanship in the judiciary. “I will not give up my efforts to support the trial courts and the communities they serve, and I certainly will not give up trying to get partisan politics out of the judiciary,” he said.Will 'Wicked' and 'Gladiator II' give us the new 'Barbenheimer'? This weekend will be the judge
New York Child Support Lawyer Juan Luciano Releases Insightful Article on Child Support in New YorkVISTA, Calif.--(BUSINESS WIRE)--Nov 25, 2024-- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (“Form 10-Q”) and its Annual Report on Form 10-K for fiscal year ended June 30, 2024 (“Form 10-K”), with the Securities and Exchange Commission (“SEC”). This notification has no immediate effect on the listing of the Company’s common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as “anticipated,” “forward,” “will,” “would,” “could,” “may,” “intend,” “remain,” “potential,” “prepare,” “expected,” “believe,” “plan,” “seek,” “continue,” “estimate,” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the expected filing date of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company’s control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company’s financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information; delays in the Company’s financial reporting, including as a result of unanticipated factors; the Company’s ability to obtain necessary waivers or amendments to the Loan Agreement in the future; the risk that the Company may become subject to future litigation; the Company’s ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company’s critical accounting policies, or any of the Company’s estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company’s financial and business projections and guidance and may cause the Company’s actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com : https://www.businesswire.com/news/home/20241125289701/en/ CONTACT: Media & Investor Relations: media@fluxpower.com info@fluxpower.comExternal Investor Relations: Chris Tyson,Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY BATTERIES ENERGY OTHER ENERGY SOURCE: Flux Power Holdings, Inc. Copyright Business Wire 2024. PUB: 11/25/2024 04:01 PM/DISC: 11/25/2024 04:01 PM http://www.businesswire.com/news/home/20241125289701/en
WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar's dominance is threatened, however, with BRICS' growing share of GDP and the alliance's intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy." At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is "no chance" BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen "should wave goodbye to America.” Research shows that the U.S. dollar's role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump's latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.London Police Service Constable Joseph Iatzko testified about what he saw moments after arriving at the bush party off in an area off of Pack Road in southwest London in July of 2021. After trekking through the field, the officer told the jury he came across the 18-year-old shooting victim Josue Silva on the ground, saying, "I see the victim Josue Silva in a fetal position, also a number of youth that were around him." He said it was dark, adding, "It was concerning there was a young man on the ground...he was very pale he was conscious and breathing but he was not speaking." Constable Iatzko said when looking at Silva’s injury, "I observed a small circular hole two inches above his belly button." Silva was rushed to hospital with help from the London Fire Department but was found to be unresponsive with vital signs absent. He was later pronounced dead. Investigators would eventually arrest and charge 23-year-old Carlos Guerra Guerra of London. He has pleaded not guilty to second degree murder and assault with a weapon. Earlier in the day, Renata Dziak, a forensic scientist from the Centre of Forensic Sciences in Toronto, testified that a small amount of Silva’s DNA was detected on a machete located at the scene mixed in with two other sources. The jury also heard that Guerra Guerra’s DNA was found on a disposable mask found in the area. The trial resumes on Friday. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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LITCHFIELD – A fiscally beleaguered Region 20 Board of Education is facing an increasing deficit in its $41.5 million budget for 2024-25, a shortfall that now stands at a projected $2.3 million as the board gears up to seek a cash infusion of $1.9 million in a referendum Dec. 3. The school board, grappling with a deficit since early July, received the latest bad news during its meeting Thursday at Lakeview High School. It came from Acting Superintendent Kristen Della Volpe and the board’s financial consultant, Thomas Ariola. Despite clamping down on discretionary spending, the board continues to face a stubborn deficit, Ariola said, one that is now higher than the projected shortfall of $2.1 million reported in July. “This is getting hard now and you are going to have to look at making cuts,” Ariola told the board. “The budget has some very large concerns, but there are ways to shave (the deficit) down to make it more reasonable.” After discussion, the board directed Della Volpe to develop a list of potential cuts for it to consider, though a dollar figure was not included in the request. Earlier in the meeting, Della Volpe said she was prepared to offer $307,000 in potential reductions. The updated shortfall, Ariola said, was identified after a “deep dive” into the budget and with help from school board member Scott Pottbecker of Morris, who works as a chief financial officer for a private school in Massachusetts. “Can we afford to wait?” Pottbecker asked regarding the prospect of making cuts. “The position we’re in isn’t going to get better. I believe we should empower (Della Volpe) to do the job of reducing the deficit.” Alternatives to cutting spending, Della Volpe said, could include rolling the deficit into the board’s budget for 2025-26 or seeking from Litchfield, Warren, Morris and Goshen a one-time tax assessment that would erase the shortfall. “We need to be prudent, get in there and do it as efficiently as possible,” school board member Matthew Terzian of Litchfield said in support of budget cuts. NEWS OF THE UPDATED DEFICIT comes as the board prepares for a referendum that will ask for $1.9 million in bonding to pay off Litchfield’s $1.8 million in existing education debt as called for in the plan that approved creation of the Region 20 district. The balance of the $1.9 million would cover fees associated with securing bonding. Bonding, if approved, would allow the board to recoup nearly $1.2 million in two payments already made to Litchfield and the remaining $700,000 due in July 2025. Without the bonding, the board could face a cash-flow problem in late winter or early spring, Ariola has advised. According to the update provided by Ariola, the review of the budget identified projected shortfalls that include $820,847 for unbudgeted noncertified staff positions, $415,340 for unbudgeted certified staff positions and $372,695 in tuition for students needing out-of-district services. There also is a projected $326,800 deficit for legal fees associated with formation of Region 20, and for central office transition, special education, technology operations and insurance. Bus transportation, meanwhile, faces a projected $324,286 deficit. That $1,416,000 line item in the budget should be $1,711,600, Ariola noted. An unanticipated increase in fuel of 20 cents per gallon and an increase in special-education transportation round out the shortfall. The review did identify a projected $330,000 surplus in pension costs and projected $143,168 savings in utilities, custodial supplies and maintenance. WARREN FIRST SELECTMAN GREGORY LACAVA will serve as moderator of a public informational meeting Tuesday that will give residents a chance to learn about the Region 20 school board $1.9 million bonding request that voters will consider Dec. 3. The meeting will be at 6 p.m. at Warren Woods. Warren’s three board representatives, Tiffany Parkhouse, Ashley Westfall and Robert DeLayo, will participate in the discussion and take questions. Contact John McKenna at jmckenna33 @ optonline.net.About eight years ago, Plaza hotel-casino CEO Jonathan Jossel looked around the property during the annual National Finals Rodeo in Las Vegas. Others in the industry said the city-wide 10-day event was a boon to their bottom line during an otherwise slow period — but Jossel didn’t see it, even as a sponsor. But the property did decide to try something new: use its undeveloped land south of the parking garage to build an equestrian arena for additional rodeo events. “It was a risk, but I was willing to take the gamble because we weren’t busy then,” Jossel said of the December 2018 opening.” Six years later, Plaza’s CORE Arena is an equestrian center in Downtown Las Vegas and walking distance of the tourist-heavy Fremont Street Experience. Up to 5,000 spectators can watch ranch sorting, pole bending, barrel racing, breakaway roping and other free rodeo events during the hotel-casino’s rodeo programming. “There are different promoters that come in and do the other events, and we sponsor them and make their events more viable, then they buy hotel rooms,” Jossel said. “It’s become arguably the best 10 days of the year now for the consistent stretch.” It’s not just the National Finals Rodeo that gets people to Las Vegas in early December. With performances selling out every night at Thomas & Mack Center, rodeo fans interested in alternative events to watch can visit about half a dozen venues in the region as properties look to attract fans with their own offerings and diversify their revenue streams. Rodeo beyond Thomas & Mack While the top rodeo athletes may be the original draw to town, a growing slate of additional competitions that take place at at least six venues around Las Vegas are bringing thousands of additional rodeo fans to the area, said Bo Gardner, vice president of corporate marketing at Las Vegas Events. “Those are for the people that don’t have tickets to NFR,” Gardner said. “They want to be cowboys, and this is where the cowboys are.” One successful vertical has been youth competition. His organization is responsible for coordinating and planning NFR around Las Vegas, and they saw youth events like the Junior World Finals at the Las Vegas Convention Center as a way to bring hotel guests to properties that otherwise didn’t see a piece of the action. “Even the Las Vegas board said, ‘Why are you bringing youth in when this is Las Vegas?’” Gardner said of the initial response to youth rodeo events in 2015. “We have all these properties that would not participate in the NFR unless those youth events were here. You’re bringing your kid, now they’re bringing mom and dad and sisters. We have 740-plus contestants in just our event over 10 days.” Other events with adult rodeo athletes give visitors something to do if they don’t have an NFR ticket. At South Point’s arena and equestrian center, the Miss Rodeo America Pageant and the World Series of Team Roping competitions fill the 4,600-seat arena with semi-professional contestants for more than a week. Last year’s prize pool was $18 million. South Point has long been the center of rodeo action year-round. Around NFR, the resort-casino annually hosts the Professional Rodeo Cowboy Association’s national convention, the Gold Buckle Gala, PRCA Awards, a Western gift convention and countless live broadcasts from the hotel side. With so much going on, General Manager Ryan Growney said they don’t sell hotel rooms to the general public during that time — relying only on hotel room blocks. The roughly 4,000 horse stalls, a mix of permanent spaces under the arena and 2,800 temporary ones, see similar levels of demand. “Before this rodeo ends, we’ll be 200 rooms oversold for next year, maybe more,” South Point General Manager Ryan Growney said. Establishing a rodeo presence Some newcomers to the Strip see arena programs as a way to make an impression on the rodeo tourist crowd. Resorts World, which opened in June 2021, saw a chance early on when it became the host partner for the Bullfighters Only World Championships. Solomon Schwartz, head of sponsorships and activation at Resorts World, said at that time they heard the event was preparing to move from the Tropicana. The COVID-19 pandemic also helped, he said, because routines were disrupted and long-time tourists were trying new things. “It was also a benefit for us that it was right after COVID, the norms were changed,” Schwartz said. “These customers are creatures of habit. It’s really hard to make them leave a location that they’ve become accustomed to. We filled that gap when they hadn’t been here for two years.” Schwartz said the five days of bullfighting take place at the Complex, an approximately 1,500-seat arena built on Resorts World’s 88-acre modular land. That event space was most recently used during Formula One as the site of a go-karting and fan fest experience. “When you think of NFR, you have the event from 5:45 p.m. to 8:15 p.m., probably a lot of people go to Cowboy Christmas during the day, and then, really, what are you doing before the rodeo starts? This is filling that gap there,” he said. “They usually go on around 1 p.m. and end around 3 p.m. It brings more foot traffic to the property during some of these slower periods of the day.” Schwartz said the event space is just one piece of the property’s activations. Other rodeo programming includes watch parties, country music performances and athlete meet-and-greets. Adding authenticity At the Plaza, Jossel said CORE Arena has been key to building up the brand’s association with NFR in the minds of returning customers. The events — plus 260 horse boarding stalls, a steakhouse, the on-site gift show Downtown Christmas Expo , among other NFR preparations — help illustrate the property’s approach to rodeo and Western culture. “We wear the hats, we wear the jackets, we get to know the customers, and that’s what they want,” Jossel said. “They want familiarity and good service. And if you give them that, this becomes their home. And I think we built a database on people that consider the Plaza, and this equestrian center, as their place for the 10 days of NFR.” To Growney, other hotel-casino operators who want to beef up their NFR programming should consider how it can be done authentically. Sometimes that can take years, he added. Contestants, programmers and stock contractors will see it if the property’s staff is familiar with rodeo. But Growney’s first piece of advice to new operators during NFR isn’t about authentic programming — it’s about knowing your audience: “Lower your beer prices,” Growney said with a laugh.Canada Post strike: Key issues in the dispute that's holding up mail delivery