NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.EVANSVILLE, Ind. (AP) — Tayshawn Comer scored 18 points as Evansville beat Campbell 66-53 on Sunday night. Comer had six rebounds and six assists for the Purple Aces (3-4). Cameron Haffner scored 16 points and added six rebounds. Gabriel Pozzato shot 3 for 5, including 2 for 3 from beyond the arc to finish with 10 points. Jasin Sinani led the way for the Fighting Camels (3-4) with 22 points. Colby Duggan added 11 points and Nolan Dorsey totaled eight points, seven rebounds and four steals. Evansville took the lead with 1:45 left in the first half and never looked back. The score was 34-28 at halftime, with Haffner racking up eight points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Trump Rips DOJ Indictments As ‘Empty And Lawless’ As Cases DroppedCity of Helena, Lewis and Clark County announce holiday hours
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WASHINGTON — President Joe Biden kicked off his final holiday season at the White House on Monday by issuing the traditional reprieve to two turkeys who will bypass the Thanksgiving table to live out their days in southern Minnesota. Biden welcomed 2,500 guests to the South Lawn under sunny skies as he cracked jokes about the fates of “Peach” and “Blossom” and sounded wistful tones about the last weeks of his presidency after a half-century in Washington power circles. “It’s been the honor of my life. I’m forever grateful,” Biden said, taking note of his impending departure on Jan. 20, 2025. That’s when power will transfer to Republican President-elect Donald Trump, the man Biden defeated four years ago and was battling again until he was pressured to bow out of the race amid concerns about his age and viability. Biden is 82. Until Inauguration Day, the president and first lady Jill Biden will continue a busy run of festivities that will double as their long goodbye. The White House schedule in December is replete with holiday parties for various constituencies, from West Wing staff to members of Congress and the White House press corps. Biden relished the brief ceremony with the pardoned turkeys, named for the official flower of the president’s home state of Delaware. “The peach pie in my state is one of my favorites,” he said during remarks that were occasionally interrupted by Peach gobbling atop the table to Biden’s right. “Peach is making a last-minute plea,” Biden said at one point, drawing laughter from an overflow crowd that included Cabinet members, White House staff and their families, and students from 4H programs and Future Farmers of America chapters. Biden introduced Peach as a bird who “lives by the motto, ‘Keep calm and gobble on.’” Blossom, the president said, has a different motto: “No fowl play. Just Minnesota nice.” Peach and Blossom came from the farm of John Zimmerman, near the southern Minnesota city of Northfield. Zimmerman, who has raised about 4 million turkeys, is president of the National Turkey Federation, the group that has gifted U.S. presidents Thanksgiving turkeys since the Truman administration after World War II. President Harry Truman, however, preferred to eat the birds. Official pardon ceremonies did not become an annual White House tradition until the administration of President George H.W. Bush in 1989. With their presidential reprieve, Peach and Blossom will live out their days at Farmamerica, an agriculture interpretative center near Waseca in southern Minnesota. The center’s aim is to promote agriculture and educate future farmers and others about agriculture in America. Separately Monday, first lady Jill Biden received the official White House Christmas tree that will be decorated and put on display in the Blue Room. The 18.5 foot (5.64 meters) Fraser fir came from a farm in an area of western North Carolina that recently was devastated by Hurricane Helene. Cartner’s Christmas Tree Farm lost thousands of trees in the storm “but this one remained standing and they named it ‘Tremendous’ for the extraordinary hope that it represents,” Jill Biden said at the event. The Bidens were also traveling to New York City on Monday for an evening “Friendsgiving” event at a Coast Guard station on Staten Island. Biden began his valedictory calendar Friday night with a gala for hundreds of his friends, supporters and staff members who gathered in a pavilion erected on the South Lawn, with a view out to the Lincoln Memorial. Cabinet secretaries, Democratic donors and his longest-serving staff members came together to hear from the president and pay tribute, with no evidence that Biden was effectively forced from the Democratic ticket this summer and watched Vice President Kamala Harris suffer defeat on Nov. 5. “I’m so proud that we’ve done all of this with a deep belief in the core values of America,” said Biden, sporting a tuxedo for the black-tie event. Setting aside his criticisms of Trump as a fundamental threat to democracy, Biden added his characteristic national cheerleading: “I fully believe that America is better positioned to lead the world today than at any point in my 50 years of public service.” The first lady toasted her husband with a nod to his 2020 campaign promise to “restore the soul of the nation,” in Trump’s aftermath. With the results on Election Day, however, Biden’s four years now become sandwiched in the middle of an era dominated by Trump’s presence on the national stage and in the White House. Even as the first couple avoided the context surrounding the president’s coming exit, those political realities were nonetheless apparent, as younger Democrats like Maryland Gov. Wes Moore , Illinois Gov. J.B. Pritzker and Biden’s Secretary of Transportation Pete Buttigieg not only raised their glasses to the president but held forth with many attendees who could remain in the party’s power circles in the 2028 election cycle and beyond. Associated Press writer Steve Karnowski in Minneapolis contributed to this report.
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GARY LINEKER has landed his first job since announcing his Match of the Day exit. The legendary England striker, 63, revealed earlier this month he will leave the iconic BBC programme at the end of the season after 25 years as host. And just two weeks later his newest project has been unveiled as he prepares to get involved in Baller League UK. The football tournament was launched in Germany earlier this year and includes the likes of Mats Hummels and Lukasz Podolski. The league is made up of 12 teams consisting of six players on each side, with weekly matches taking place indoors across two 15-minute halves. Now the trailer announcing UK and US versions has been released on social media - with a plethora of star-studded names involved. The ad, set in an airport, features a mix of YouTubers and ex-footballers. Lineker is joined by Match of the Day pundits Alan Shearer and Micah Richards for his segment of the video. Lineker and Shearer are left in hysterics as Richards swandives on to the floor and rips his trousers in an attempt to beat his MOTD pals to a header. The BBC presenter then says "Talk about bursting on the seam!" - a play-on words on Richards' famous "bursting on to the scene" quote. CASINO SPECIAL - BEST CASINO WELCOME OFFERS Lineker has been named a team manager in the league - with a host of former players joining him to head up rival sides. Shearer and Richards have also been confirmed as head coaches, along with Chelsea legend and ex-England captain John Terry - who replicates his 2012 Champions League final antics by appearing in the video in full kit. Arsenal Invincibles trio Jens Lehmann, Robert Pires and Freddie Ljunberg will also be coaches, as will ex- Real Madrid superstar Luis Figo. Ronaldinho is also seen at the end of the clip as he smiles on a plane in a scene with IShowSpeed - who will be the Baller League USA president. It is unclear what Ronaldinho's involvement will be. KSI has been announced as the president of Baller League UK. It is set to get underway in March next year and finish in May - with coverage being hosted by Chunkz on Twitch. Rule changes will also take place during certain matches - including 3 vs 3 games, goals scored from the back two thirds of the pitch counting for double, and one-on-one match-ups starting behind the halfway line. Trials for players hoping to take part in the league will be staged in London and Manchester. They will include free agents, futsal players, academy youngsters, street ballers and retired pros. KSI said: "I have high hopes for what this league can bring to the sport. "We're bringing a different style to football, a different energy to the normal and showing a different level of entertainment to the sport. "Very exciting times ahead!" GARY LINEKER dropped the shock news that he is QUITTING Match of the Day. The popular presenter, 63, took over hosting duties on the flagship BBC programme from Des Lynam in 1999. But after more than 25 years in the studio hotseat, he has called time on his MOTD gig. But as part of a huge shake-up, the BBC is considering rotating the presenters on a weekly basis. So with Lineker vacating the chair, new names will step into his giant boots. But who could they be? MARK CHAPMAN Chapman, 51, is the obvious early favourite to follow on from Lineker as MOTD presenter. He already has the gig as MOTD2 host on a Sunday night plus landed the presenting job for the new BBC Champions League highlights show. ALEX SCOTT Scott gets the nod from the Beeb bosses when Lineker is away. The former right-back, 40, is used to presenting the Saturday night show as well as live match coverage - plus ticks the box as a former England international. GABBY LOGAN Like Scott, Logan, 51, is one of the understudies to step in when Lineker is not available. She has done most gigs since joining the BBC in 2007, including Olympics, Sports Personality of the Year and Final Score. MICAH RICHARDS Lineker's top pick to replace him is exuberant former Man City defender Richards. The departing host told his close pal, 36, on their Stick to Football podcast: "I'd love to see you take over Micah, I think you'd be brilliant in the chair." JASON MOHAMMAD Mohammad could earn the "promotion" from Final Score to Match of the Day. The 51-year-old Welshman - who took over from Logan in 2013 - is one of the BBC's top earners already and is more senior than fellow Final Score and BBC Sport broadcaster Kelly Somers, who could in theory become the main live host for the afternoon slot. JEFF STELLING He couldn't, could he? While Lineker has been the face of Saturday night TV for football fans for years, the face of the afternoons was Stelling in his role as Sky Sports' Soccer Saturday presenter. He would bring plenty of on-screen charisma, wit and legendary TV expertise - but at nearly 70 and currently with talkSPORT, the Hartlepool fan would not be a cheap or long-term appointment.Trump Rips DOJ Indictments As ‘Empty And Lawless’ As Cases DroppedWASHINGTON (AP) — President-elect Donald Trump’s allies on Capitol Hill rallied around Pete Hegseth , Trump’s Pentagon pick, on Thursday even as new details surfaced about allegations that he had sexually assaulted a woman in 2017. The GOP embrace of Hegseth came as another controversial Trump nominee, Matt Gaetz, withdrew from consideration for attorney general. Gaetz said it was clear he had become a “distraction" amid pressure on the House to release an ethics report about allegations of his own sexual misconduct. An attorney for two women has said that his clients told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017, when Gaetz was a Florida congressman. Fresh questions over the two nominees' pasts, and their treatment of women, arose with Republicans under pressure from Trump and his allies to quickly confirm his Cabinet. At the same time, his transition has so far balked at the vetting and background checks that have traditionally been required. While few Republican senators have publicly criticized any of Trump's nominees, it became clear after Gaetz's withdrawal that many had been harboring private concerns about him. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, said it was a “positive move.” Mississippi Sen. Roger Wicker said it was a “positive development.” Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” After meeting with Hegseth, though, Republicans rallied around him. “I think he’s going to be in pretty good shape,” said Wicker, who is expected to chair the Senate Armed Services Committee in the next Congress. Republican senators' careful words, and their early reluctance to publicly question Trump's picks, illustrated not only their fear of retribution from the incoming president but also some of their hopes that the confirmation process can proceed normally, with proper vetting and background checks that could potentially disqualify problematic nominees earlier. Gaetz withdrew after meeting with senators on Wednesday. Sen. Thom Tillis said Gaetz was “in a pressure cooker” when he decided to withdraw, but suggested that it would have little bearing on Trump’s other nominees. “Transactions — one at a time,” he said. As the Hegseth nomination proceeds, Republicans also appear to be betting that they won't face much backlash for publicly setting aside the allegations of sexual misconduct — especially after Trump won election after being found liable for sexual abuse last year. Hegseth held a round of private meetings alongside incoming Vice President JD Vance on Thursday in an attempt to shore up support and told reporters afterward: “The matter was fully investigated and I was completely cleared, and that’s where I’m gonna leave it.” A 22-page police report report made public late Wednesday offered the first detailed account of the allegations against him. A woman told police that she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave. The report cited police interviews with the alleged victim, a nurse who treated her, a hotel staffer, another woman at the event and Hegseth. Hegseth’s lawyer, Timothy Palatore, said the incident was “fully investigated and police found the allegations to be false.” Hegseth paid the woman in 2023 as part of a confidential settlement to head off the threat of what he described as a baseless lawsuit, Palatore has said. Wicker played down the allegations against Hegseth, a former Fox News host, saying that “since no charges were brought from the authorities, we only have press reports.” Sen. Bill Hagerty, R-Tenn., said after his meeting with Hegseth that he "shared with him the fact that I was saddened by the attacks that are coming his way.” Hagerty dismissed the allegations as “a he-said, she-said thing” and called it a “shame” that they were being raised at all. The senator said attention should instead be focused on the Defense Department that Hegseth would head. It's one of the most complex parts of the federal government with more than 3 million employees, including military service members and civilians. Sexual assault has been a persistent problem in the military, though Pentagon officials have been cautiously optimistic they are seeing a decline in reported sexual assaults among active-duty service members and the military academies. Wyoming Sen. John Barrasso, who will be the No. 2 Republican in the Senate next year, said after his meeting with Hegseth that the nominee is a strong candidate who “pledged that the Pentagon will focus on strength and hard power – not the current administration’s woke political agenda.” Senate Republicans are under pressure to hold hearings once they take office in January and confirm nominees as soon as Trump is inaugurated, despite questions about whether Trump’s choices will be properly screened or if some, like Hegseth, have enough experience for the job. Senate Armed Services Chairman Jack Reed, who will be the top Democrat on the panel next year, said the reports on Hegseth “emphasized the need for a thorough investigation by the FBI on the background of all the nominees.” It takes a simple majority to approve Cabinet nominations, meaning that if Democrats all opposed a nominee, four Republican senators would also have to defect for any Trump choice to be defeated. Trump has made clear he’s willing to put maximum pressure on Senate Republicans to give him the nominees he wants – even suggesting at one point that they allow him to just appoint his nominees with no Senate votes. But senators insist, for now, that they are not giving up their constitutional power to have a say. “The president has the right to make the nominations that he sees fit, but the Senate also has a responsibility for advice and consent,” said Republican Sen. Mike Rounds of South Dakota. In the case of Gaetz, he said, “I think there was advice offered rather than consent.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
Ashlon Jackson scores career-best 30 points to lead No. 14 Duke past No. 10 Kansas 73-62MANCHESTER, England (AP) — Manchester City's winless run extended to six games Tuesday after Feyenoord fought back from three goals down to draw 3-3 in the Champions League. After five-straight losses in all competitions, City looked to be cruising to victory after going three up inside 50 minutes at the Etihad Stadium. But Feyenoord mounted an improbable comeback and leveled the game in the 89th minute to leave the home crowd stunned. ___ James Robson is at https://twitter.com/jamesalanrobson ___ AP soccer: https://apnews.com/hub/soccer James Robson, The Associated Press
President-elect Donald Trump will return to Washington, D.C ., soon, and a handful of powerful people who are still there because the former president put them in their positions don't plan on leaving. Three notable federal government agents are not planning on leaving their posts: Federal Reserve Chairman Jerome Powell , FBI Director Christopher Wray , and TSA Administrator David Pekoske. All three men were Trump appointees with some being reconfirmed under President Joe Biden ’s administration. Federal Reserve Chairman Jerome Powell Powell is perhaps the most notably defiant of the bunch. When asked by reporters recently if he would step down if Trump requested it, Powell responded with a one-word answer: "No." Powell also said his removal would be "not permitted under the law," when asked whether he thinks the president has the legal authority to intervene in the Fed by either firing or demoting him. Trump has aired grievances about the Fed's decision-making during his first administration and has expressed that discontent while campaigning. He has accused Powell of being too political and has said he wishes for the executive branch to have more power over the Fed. BIDEN TO USE LAME-DUCK SESSION TO ‘TRUMP-PROOF’ LEGACY "I feel the president should have at least a say in there. Yeah, I feel that strongly," Trump said in an Aug. 8 press conference at his Mar-a-Lago club in Florida. "I think that, in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman." In 2017, Trump nominated Powell to lead the Fed and he was confirmed by the Senate with an 84–13 vote. He was re-nominated by Biden and confirmed by the Senate in November 2021. His term as Fed chair ends May 15, 2026. FBI Director Christopher Wray Following Trump dismissing former FBI Director James Comey, Trump nominated Christopher Wray to take over his post. He was confirmed by the Senate in a 92–5 vote. Wray is set to remain in the post through 2027 as it is a 10-year term, but Vice President-elect J.D. Vance this week posted on social media that he and Trump were together to “interview multiple positions for our government, including for FBI Director.” Vance later deleted the post, as some speculated it indicated that Trump's upcoming administration was looking to dismiss Wray. Wray, like Comey, can be removed by the president if he so wishes, regardless of term length. Comey was dismissed four years into his term. DEMOCRATS WEIGH CHANGE IN STRATEGY TO AVOID MIDTERM AND 2028 DEFEATS Both Wray and Trump's team are planning for the possibility that Wray will be replaced in the upcoming administration, according to NBC News. Wray suggested in an interview last spring that he’d like to stay in his job if Trump wins, as long as the FBI can maintain its longstanding standards not to bring politics into its investigations. “As long as I think I can continue doing that in a way that adheres to all those rules and norms, it’s what I’d like to keep doing,” he told the outlet. Trump and his allies have floated options for who would replace Wray should he be dismissed or if he leaves. Kash Patel and former Rep. Mike Rogers’s names have gained traction. Patel is the preferred candidate of the MAGA faction of the Republican Party as he has proposed sweeping reforms for the country’s top domestic intelligence agency. Rogers, a Michigan Republican and former FBI special agent, once served as chairman of the House Intelligence Committee and is seen as having a more centrist approach. TSA administrator David Pekoske In 2017, Trump nominated Pekoske to the role of TSA administrator and he was confirmed in the Senate by a 77-18 vote. In 2022, Pekoske was confirmed again by the Senate to a second five-year term in the role. Pekoske’s current term would then be up in 2027. Pekoske recently made clear that he is hoping to stay until his term ends in 2027. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER "It’s important for continuity in TSA to run the second term to its conclusion,” he said, adding that he “loves” the role. Pekoske leads a workforce of around 60,000 employees at nearly 430 airports nationwide.HSPO Stock Soars to All-Time High of $11.31 Amid Market OptimismNoneTop 25 College Hoops Picks Against the Spread – Tuesday, November 26
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Steelers vs. Browns betting guide, Thursday Night Football odds: Best AI, model, expert, and DFS fantasy picksAs US president-elect Donald Trump continues to nominate personalities to his cabinet, we take a look behind the scenes at how the US Secret Service is using the most up-to-date technology to protect the president-elect and ease the burden on agents. This report from France 24's Jack Colmer Gale and our colleagues at France 2.
Surging Electric Vehicle Production: A Key Driver Transforming the Automotive Lightweight Materials Market 2024Thursday, December 19, 2024 JFK Millennium Partners (JMP), selected by the Port Authority of New York & New Jersey (PANYNJ) to develop and operate the new Terminal 6 (T6) at John F. Kennedy International Airport, has issued a request for proposals (RFP) to procure a future all-electric fleet of ground support equipment (GSE). This initiative aligns with the terminal’s sustainability goals and is set to support T6 airlines and other partners when the state-of-the-art terminal opens in early 2026. Terminal 6 is a cornerstone of PANYNJ’s $19 billion transformation of JFK Airport into a world-class aviation gateway. This comprehensive overhaul includes the addition of two new terminals, upgrades to existing facilities, a modern ground transportation center, and a streamlined roadway network. JMP’s RFP invites vendors to provide electric-powered GSE currently available in the market, including essential equipment such as pushback units (both conventional and towbarless), baggage tugs, belt loaders, K-loaders, stair trucks, and more. Proposals must include charging infrastructure, maintenance, and repair services. The chosen provider will collaborate with JMP to design and implement charging infrastructure across T6’s designated areas. This shared all-electric fleet is integral to T6’s broader commitment to sustainability, aiming to reduce carbon emissions and eliminate reliance on fossil fuels throughout the terminal. Key environmental features at T6 include high-efficiency building systems, over 6,000 solar panels for renewable energy generation, stormwater capture and reuse systems, and a robust recycling program that diverts 90% of construction and operational waste, including asphalt, concrete, and steel. These efforts align with JMP’s objective to secure LEED* and ENVISION Gold certifications, recognized benchmarks for sustainable infrastructure. The all-electric GSE initiative also supports PANYNJ’s Net Zero Roadmap, a comprehensive plan to achieve agency-wide greenhouse gas emission reductions by 2050. This roadmap encompasses electric vehicle fleets, solar energy production, building decarbonization, and sustainable construction practices. Terminal 6 represents a significant leap toward a greener future for JFK Airport, setting a new standard for sustainability in global aviation. “Our fully-electric T6 ground fleet will play a critical role in our quest to deliver an outstanding new terminal that is sustainable by design, operationally efficient and makes use of all the latest technologies to help us exceed our sustainability goals,” said Steve Thody, CEO, JFK Millennium Partners. “We are excited to launch this RFP for an electric fleet of ground support equipment that will best serve our T6 airline partners, passengers, our airport community, and our planet for many years to come,” said Karen Ali, COO, JFK Millennium Partners. “We look forward to working with our future partner to create this new standard of operational excellence at JFK,” Ali added. In 2022, the Port Authority introduced the Zero-Emission Airside Vehicle (ZEAV) rule, mandating the transition to zero-emission ground service equipment (GSE) at the region’s three major airports. The rule requires the majority of the GSE fleet to achieve zero-emission status by 2030. To facilitate this transition, the Port Authority is providing charging infrastructure, ensuring GSE charging capabilities at all new gates, and collaborating with tenants on infrastructure planning. Interested parties wishing to participate in the electric ground support equipment RFP can contact the JMP procurement team for a copy of the RFP and additional details. The deadline for proposal submissions is January 17, 2025, and JMP anticipates selecting a provider by the first quarter of 2025.None
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.Wolftank Group further strengthens hydrogen positioning with new orders totaling EUR 10 millionPIANA TECHNOLOGY'S ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) REPORT UNDERSCORES ITS UNWAVERING COMMITMENT TO SUSTAINABILITY AND INNOVATION
ORLANDO, Fla.--(BUSINESS WIRE)--Dec 18, 2024-- Gilgal Medical Supplies, a leading provider of medical supplies in Florida with locations throughout the state, has announced a strategic change in its operations. Effective immediately, the company will no longer accept insurance for medical supplies. This decision comes after years of increasing challenges and systemic difficulties associated with insurance reimbursement processes. "Providing durable medical equipment and supplies for thousands of patients has always been at the core of our mission," said Thomas Chacko, Vice President at Gilgal Medical Supplies. "However, the constant denials, excessive documentation requests, unnecessary audits, and recoupment efforts by Medicare and insurance companies have made the process untenable." For years, insurance companies have imposed increasingly burdensome requirements, often prioritizing their bottom line over patient care. This has created significant hardships for durable medical equipment providers like Gilgal Medical Supplies, affecting their ability to serve patients effectively. The intense administrative demands and frequent audits have reached a point where continuing to accept insurance is no longer sustainable. Gilgal Medical Supplies has taken measures to ensure its current patients have ample time and support to transition to other providers. "We remain deeply committed to our patients and their well-being," said Thomas Chacko. "We are working diligently to provide them with the necessary resources and guidance during this transition." Moving forward, Gilgal Medical Supplies will focus on retail sales and wholesale distribution. This new direction will allow the company to continue providing high-quality medical supplies without the constraints and inefficiencies of the insurance reimbursement system. "We believe this shift will enable us to serve our customers more effectively and focus on delivering value directly to those who need it," added Thomas Chacko. Gilgal Medical Supplies operates from strategic locations across Florida and we serve thousands of customers a month on a monthly basis. For more information about Gilgal Medical Supplies’ services and offerings, visit www.gilgalmedical.com or call 407 891 2120. About Gilgal Medical Supplies Founded with a mission to serve the medical supply needs of Florida communities, Gilgal Medical Supplies has built a reputation for quality products and exceptional customer service. With a focus on integrity and care, Gilgal remains committed to enhancing lives through reliable and accessible solutions. View source version on businesswire.com : https://www.businesswire.com/news/home/20241218129761/en/ CONTACT: Media Contact: Gilgal Medical Supplies Phone: 407 484 0032 Email:tchacko@gilgalmedical.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SURGERY CHILDREN BABY/MATERNITY OTHER HEALTH SOFTWARE ALTERNATIVE ENERGY HARDWARE ENERGY MEDICAL DEVICES INFECTIOUS DISEASES HOSPITALS TECHNOLOGY CARDIOLOGY WOMEN BIOTECHNOLOGY PRACTICE MANAGEMENT VETERINARY AIDS MANAGED CARE MEDICAL SUPPLIES HEALTH MEN FINANCE FAMILY PROFESSIONAL SERVICES CONSUMER SOURCE: Gilgal Medical Supplies Copyright Business Wire 2024. PUB: 12/18/2024 03:00 PM/DISC: 12/18/2024 03:00 PM http://www.businesswire.com/news/home/20241218129761/enTORONTO-Ontario, Nov. 25, 2024 (GLOBE NEWSWIRE) — Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“ ” or the “ ”) is pleased to announce its financial results for its second fiscal quarter ended September 30, 2024 all amounts in Canadian dollars thousands, unless otherwise indicated). Manny Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, commented, “The second quarter of fiscal 2025 marked another successful quarter of growth for Avante, with quarterly revenue increasing by 52% year-over-year. Our core business continues to thrive, reflected in a 29% growth in Recurring Monthly Revenue. The success of the NSSG acquisition has been a key driver of this growth, enabling us to expand our international revenue and elevate our global capabilities. Our proprietary Halo technology is now deployed in over 160 locations and continues to grow, with significant enhancements on the way. In addition to Halo, we’ve launched several innovative security solutions over the past year including Homeworxx, The Reserve (previously Toyboxx), Argus App, Avante Verified, Human-in-the-loop Remote Video Servies developed in partnership with Scylla, and WALL-E. Looking ahead, we plan to continue developing new tech-enabled products and integrating advanced third-party solutions. We remain committed to driving organic growth and enhancing profitability.” Raj Kapoor, Avante’s Chief Financial Officer, added, “I am pleased to report that we maintain a robust balance sheet, enabling us to fund the Company’s organic growth initiatives through positive cash flows from operations. The Company remains bank debt-free, with $3.9 million in cash on hand and access to $12 million in unused credit facilities. We have achieved positive Adjusted EBITDA in nine of the past eleven quarters while consistently maintaining strong gross margins. The outlook for the remainder of fiscal 2025 is highly positive, supported by our strong financial position, which enables us to pursue compelling acquisitions and advance key internal developments.” Management maintains a positive outlook for Fiscal 2025. The Company’s long-term financials serve as a guide to developing and executing long-term corporate strategy. Management is pleased to reiterate the Company’s long-term financial objectives: Readers should refer to the Company’s financial statements and MD&A in respect of its second fiscal quarter ended September 30, 2024, for additional risk factors, accounting policies, detailed financial disclosures, reconciliation of non-IFRS financial measures to the most directly comparable IFRS financial measures, related party transactions, contingencies, and reporting of subsequent events. Such financial statements and MD&A are incorporated by reference into this news release and are filed electronically through the System for Electronic Document Analysis and Retrieval (“SEDAR+”), which can be accessed at www.sedarplus.ca. (1)Adjusted EBITDA and Recurring Monthly Revenues (“RMR”) are non-IFRS financial measures that have no standard meaning under IFRS and as a result may not be comparable to the calculation of similar measures by other companies. See Description of Non-IFRS Financial Measures. Reconciliations of Adjusted EBITDA and RMR to Net Income or Revenues, as applicable, are provided in the Company’s Management Discussion & Analysis (“MD&A”). The Company’s (“ ”) from continuing operations during the last eight quarters are summarized below. Gross profit margins over the last eight quarters ranged between 37.7% and 44.2%, and were 41.9% on a trailing twelve-month basis to September 30, 2024: (1)The Company’s fiscal year end is on March 31 of each year. “F23” means the fiscal year ended March 31, 2023; and “F24” means the fiscal year ended March 31, 2024. The Company will also host an investor webinar to provide a corporate update and review its fiscal second quarter of fiscal 2025 financial results, on Tuesday, November 26, 2024, at 1:00 pm ET (10:00 am PT). The call will be hosted by: Emmanuel Mounouchos, CEO, Chairman, and Founder of Avante, and Raj Kapoor, CFO of Avante. Avante Corp Inc. is a Toronto based leading provider of security operatives and technology enabled security solutions to residential and commercial clients. Avante’s mission is to deliver an elevated level of security globally, with white-glove mentality to high- net-worth families and corporations alike, through advanced solutions and methods of detecting conditions that require immediate response. The Company has developed a diversified security platform that leverages advanced technology solutions to provide a superior level of security services. With an experienced team and proven track record of solid growth, Avante is taking steps to establish a broad portfolio of security businesses and solutions for its customers through organic growth complemented by strategic acquisitions. Avante acquires, manages and builds industry leading businesses which provide specialized, mission-critical solutions that address the security risks of its clients. Avante is listed on the TSX Venture Exchange under the ticker “ ”. For more information, please visit and consider joining our investor email list. Emmanuel Mounouchos Founder, CEO & Board Chair, Avante Corp. 416-923-6984 manny@avantesecurity.com This press release includes certain measures which have not been prepared in accordance with International Financial Reporting Standards (“IFRS”) such as EBITDA, Adjusted EBITDA and Recurring Monthly Revenue (“RMR”). These non-IFRS measures are not recognized under IFRS and and do not have a standardized meaning prescribed by IFRS. Accordingly, users are cautioned that these measures should not be construed as alternatives to net income determined in accordance with IFRS. The non-IFRS measures presented are unlikely to be comparable to similar measures presented by other issuers. References to are to net income before interest, taxes, depreciation and amortization. References to are to net income before interest, taxes, depreciation, amortization of intangibles & capitalized commissions, share-based payments, acquisition, integration and / or reorganization costs, deferred financing costs, loss (gain) in fair value of derivative liability and expensing of fair value adjustments per IFRS. , or , represent revenue during the fiscal period that benefited from contractual periodic billing to customers, typically monthly, quarterly or annually. Management believes that Adjusted EBITDA and Recurring Monthly Revenues are appropriate additional measures for evaluating Avante’s performance. Readers are cautioned that neither EBITDA, Adjusted EBITDA nor Recurring Monthly Revenues should be construed as an alternative to net income or revenues (as such financial measures are determined under IFRS), as an indicator of financial performance or to cash flow from operating activities (as determined under IFRS) or as a measure of liquidity and cash flow. Avante’s method of calculating EBITDA, Adjusted EBITDA and Recurring Monthly Revenues may differ from methods used by other issuers and, accordingly, Avante’s reported Non-IFRS measures may not be comparable to similar measures used by other issuers. This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the Company and the environment in which it operates. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may” “estimate”, “pro-forma” and other similar expressions. These statements are based on the Company’s expectations, estimates, forecasts and projections. The forward-looking statements in this news release are based on certain assumptions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the Company’s ability to achieve the benefits expected as a result of the sale of Logixx Security Inc., anticipated growth from acquisitions, new service offerings and from development and deployment of new technologies and the list of risk factors identified in the Company’s Management Discussion & Analysis (MD&A), Annual Information Form (AIF) and other continuous disclosure documents available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update any such statement, whether as a result of new information, future events or otherwise.
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