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svetikd/E+ via Getty Images Introduction AstroNova ( NASDAQ: ALOT ) posted a negative Q2 that was impacted by customer delays and (now) expressed troubles integrating their recently acquired MTEX, prompting what appears to be a full-scale organizational realignment. This is on top of their announced Analyst’s Disclosure: I/we have a beneficial long position in the shares of ALOT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Franklin Resources Inc. Takes $1.56 Million Position in Morgan Stanley Direct Lending (NYSE:MSDL)
EU rules requiring all new smartphones, tablets and cameras to use the same charger came into force on Saturday, in a change Brussels said will cut costs and waste. Manufacturers are now obliged to fit devices sold in the 27-nation bloc with a USB-C, the port chosen by the European Union as the common standard for charging electronic tools. "Starting today, all new mobile phones, tablets, digital cameras, headphones, speakers, keyboards and many other electronics sold in the EU will have to be equipped with a USB Type-C charging port," the EU Parliament wrote on social media X. The EU has said the single charger rule will simplify the life of Europeans and slash costs for consumers. By allowing consumers to purchase a new device without a new charger, it will also reduce the mountain of obsolete chargers, the bloc has argued. The law was first approved in 2022 following a tussle with US tech giant Apple. It allowed companies until December 28 this year to adapt. Makers of laptops will have extra time, from early 2026, to also follow suit. Most devices already use these cables, but Apple was more than a little reluctant. The firm said in 2021 that such regulation "stifles innovation", but by September last year it had begun shipping phones with the new port. Makers of electronic consumer items in Europe had agreed on a single charging norm from dozens on the market a decade ago under a voluntary agreement with the European Commission. But Apple , the world's biggest seller of smartphones, refused to abide by it and ditch its Lightning ports. Other manufacturers kept their alternative cables going, meaning there were about half a dozen types knocking around, creating a jumble of cables for consumers. USB-C ports can charge at up to 100 Watts, transfer data up to 40 gigabits per second, and can serve to hook up to external displays. At the time of its approval, the commission said the law was expected to save at least 200 million euros (R3.9 billion) per year and cut more than a thousand tonnes of EU electronic waste every year. "It's time for THE charger," the European Commission wrote on X on Saturday. "It means better-charging technology, reduced e-waste, and less fuss to find the chargers you need." AFPFranklin Resources Inc. Sells 7,191 Shares of Fidelis Insurance Holdings Limited (NYSE:FIHL)The Weakest Link fans slam Christine McGuinness as she makes bold statement on celebrity special
Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources sayFranklin Resources Inc. Acquires 2,138 Shares of Gildan Activewear Inc. (NYSE:GIL)
NASA has broken the record as its pioneering Parker solar probe made the closest-ever approach to the Sun on Christmas Eve. December 24 saw the Parker Solar Probe go within 3.8 million miles of the Sun’s surface at ground-breaking speeds of 430,000 miles per hour, NASA says. The spacecraft endured extreme temperatures and brutal radiation during its flight, meaning it was unable to communicate for several days. Parker flew through the star’s weakest atmosphere known as the corona, where it can reach scorching figures of 982C - the spacecraft relies on a carbon foam shield to protect it from the extreme heat. Nasa said: “Following its record-breaking closest approach to the sun, Nasa’s Parker Solar Probe has transmitted a beacon tone back to Earth indicating it’s in good health and operating normally.” A beacon tone received late on December 26 confirmed the spacecraft had made it through the encounter safely and is operating normally. This pass, planned to be the first of more to come at this distance, allows the spacecraft to conduct unrivaled scientific measurements with the potential to change our understanding of the Sun. Nicky Fox, who leads the Science Mission Directorate at NASA said: "Flying this close to the Sun is a historic moment in humanity’s first mission to a star.” She adds: “By studying the Sun up close, we can better understand its impacts throughout our solar system, including on the technology we use daily on Earth and in space, as well as learn about the workings of stars across the universe to aid in our search for habitable worlds beyond our home planet.” The space agency did not expect to hear from the probe until December 27, meaning it was able to complete the job faster than predicted. Parker has spent the last six years preparing for this moment as it used seven flybys of Venus to gravitationally direct it ever closer to the Sun. After launching in 2018, the probe’s last Venus flyby was on November 6 2024, where the spacecraft reached its optimal orbit.
(Reuters) – England captain Ben Stokes won the toss and elected to bowl first in the third and final test against New Zealand at Hamilton’s Seddon Park on Saturday. The tourists, who have already won the series after comprehensive wins in Christchurch and Wellington, brought seamer Matthew Potts in for Chris Woakes in the first change to their team in the series. “It’s always nice having a very strong squad. So just replacing one gun bowl with another,” said Stokes. “For us, it’s going out there again this week with that same mentality, same mindset, that we did in the first two games, because it has served us pretty well.” New Zealand captain Tom Latham had already confirmed that Will Young would replace opener Devon Conway, who is remaining at home for the birth of his first child, but announced a second change to the team on Saturday. Left-arm spinner Mitchell Santner was named in the side in place of seam bowler Nathan Smith and will play his first test since he took 13 wickets in late October to fire the Black Caps to victory in Puna on their successful tour of India. Seamer Tim Southee has confirmed that the match on his home ground will be his final test, bringing down the curtain on a glittering 16-year career. “We know we haven’t been at our best, and we certainly acknowledge that,” said Latham. “But we’ve got another opportunity here to put a performance on the board that we’re proud of, and it would obviously be a great way to send (Southee) out.” (Reporting by Nick Mulvenney, Editing by Andrew Cawthorne) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
49ers vs. Lions final injury report: 4 ruled out, 4 questionable for Monday night showdownExperts identify three factors responsible for rise in kidney diseases
Beed Sarpanch Murder Case: BJP And NCP Leaders Protest, Demanding Arrest Of Accused And Resignation Of Minister Dhananjay MundeIf there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was “business whiplash.” Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views on a changing political landscape in which they now are playing starring roles. Jaguar went in an entirely new polarizing direction with a rebranding that got a lot of attention — and lit social media on fire, at least for a few days. GM slowed its EV plans and was forced to change lanes on software — an internal restructure accelerated by problems with the Chevy Blazer EV that has had positive developments. But the automaker’s most striking shift was its decision to no longer fund development of the Cruise robotaxi. Everywhere we looked, founders, VCs, and automotive execs were changing course to take advantage of shifting consumer demand and, in many cases, to simply survive. Here are the biggest topics and stories in transportation in 2024. Autonomous vehicle s: Pivots, survivors, and scale The buzzy years of autonomous vehicle tech — from 2016 to 2020 — are long gone, and the hype cycle has brought us through the trough of disillusionment. A handful of remaining AV startups, including Ghost Autonomy and Phantom Auto , which had already pivoted, took their final breaths in 2024. Other AV startups took a cue from their brethren in other sectors and turned to defense , officially becoming dual-use companies. And others, like TuSimple, have pivoted almost entirely away from developing autonomous technology and instead have moved to embrace *checks notes* AI animation and gaming . The path to a commercial robotaxi business is still fraught. GM decided to no longer fund the Cruise robotaxi development program ; the automaker will now use that tech and talent to incrementally improve its hands-off advanced driver-assistance system and eventually introduce personal autonomous vehicles. AVs did, however, get a boost thanks to a booming and hypey AI industry and newfound interest in the end-to-end approach to autonomy (just ask Wayve ). Waymo and Zoox , two well-funded AV companies, are still on the commercial robotaxi path. And of course there’s Tesla, which this year revealed its Cybercab prototype with plans to start production in 2025 or 2026. CEO Elon Musk also promised to unleash “unsupervised FSD” and launch a robotaxi service in California and Texas next year, but we’re taking those promises with a heavy dose of skepticism given Musk’s penchant for missing deadlines. Other AV must-reads of 2024: Apple cancels its autonomous electric car project and is laying off some workers Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program Investors rebel as TuSimple pivots from self-driving trucks to AI gaming Motional cut about 550 employees, around 40%, in recent restructuring, sources say Tesla reveals 20 Cybercabs at We, Robot event, says you’ll be able to buy one for less than $30,000 EVs are put to the test Legacy automakers like Ford and GM spent billions of dollars beefing up their electric vehicle lineups and investing in U.S. battery manufacturing facilities to keep on top of supply chains. EV sales — bolstered by the Biden administration’s EV tax credit — continued to reach record highs this year. But automakers and investors have feared that sales for electric cars, which accounted for 8.9% of total auto sales in the third quarter, haven’t risen at the pace they’d hoped for. Tesla even saw its own profits drop at the start of the year, with Musk noting that automakers were pulling back from EVs due to pressure from hybrids . That pullback might just continue into 2025 with the incoming administration’s plans to cut the EV tax credit. Meanwhile in EV startup land, the SPAC model has continued to prove unsuccessful for driving long-term business growth. We chronicled the messy downfall of Fisker — which crumbled under its founders’ whims — including how the startup left its HQ in complete disarray and had to sign a deal with American Lease, the company that bought Fisker’s fleet, to help owners get help with recall repairs . Canoo has also struggled to maintain enough cash to operate, and in December it began to furlough workers . Perhaps the startup’s money troubles came from unsustainable spending habits, like spending double Canoo’s annual revenue on CEO Tony Aquila’s private jet or acquiring the assets of its bankrupt peer Arrival . Faraday Future, despite raising over $1 billion when it merged with a SPAC in 2021, is also sinking fast — to the point where data mining company Palantir now owns an 8.7% stake in the company after Faraday was unable to pay for services rendered. One of the only new EV players that didn’t go public through a special purpose acquisition merger was Rivian. While Rivian hasn’t had the smoothest run since its record-breaking IPO, the EV maker hit some major milestones in 2024, albeit with some speed bumps along the way, including a series of lawsuits alleging top executives of harassment . Rivian unveiled in March its next-generation R2 SUV and a surprised R3 hatchback. In the summer, Rivian’s path to survival became linked to being able to sell its revamped R1T pickup and the R1S SUV at a profit to sustain itself long enough to get its cheaper R2 SUV on the road. Rivian even snagged a $6.6 billion loan to restart production on its Georgia plant, although it appears that deal was helped along thanks to a secret agreement with the United Auto Workers union. Tesla was in a state of flux as Musk fought to hold onto his $56 billion pay package through sheer determination and investor loyalty. The automaker issued mass layoffs this year , axed its entire Supercharger team , abandoned plans to build a $25,000 EV, oversaw seven Cybertruck recalls , and unveiled its robotaxi prototype . Other EV must-reads of 2024: I just spent my first week ever with an EV, the Chevy Equinox — here’s what it was like Hertz is selling 20,000 EVs and replacing them with gas cars The 2025 Lucid Air Pure is a luxe ride at $69,900 with room for tech tuneups EVTOLs are still attracting investors 2024 was a year of big intentions for the electric vertical takeoff and landing vehicles industry. It felt like every other week there was an announcement as two of the biggest players — Joby Aviation and Archer Aviation — shared plans for future commercial electric air taxi launches starting in 2025. It’s also been a year of big fundraises as both companies tried to secure more cash to achieve Federal Aviation Administration certification and launch commercial air taxi services in 2025. Joby, for example, first secured a $500 million bag from Toyota, then raised $222 million before launching a $300 million public offering . Archer recently raised $430 million and teamed up with Anduril to dive into defense — a theme we’re expecting to continue into 2025 as defense tech heats up . And Beta Technologies raised a $318 million Series C . There were also plenty of partnerships between eVTOL startups and more-traditional air carriers — like Beta’s recent win with Air New Zealand — and the development of vertiports in key urban areas across the U.S., Europe, and Asia. Not every startup has been so lucky, though, as companies burned through capital and failed to find more funding. German eVTOL startup Lilium filed for bankruptcy after failing to raise enough capital to continue. In December, the company shut down and laid off 1,000 workers , but appears to have gotten a last minute lifeline from an investor. Stay tuned. 2025 will be the year where we’ll see if the companies that remain can secure proper FAA approval and begin to make a business out of eVTOLs. Here are some other eVTOL must-reads of 2024: Feds clear way for eVTOL startups to bring flying vehicles to US airspace Beta Technologies unveils first passenger carrying electric aircraft Micromobility wobbles forward The hype over shared micromobility has long since died. This year saw the last gasps of consolidation, pivots, and a few survivors. Tier and Dott finally merged , and Lime continued on its steady path to, if not consistent profitability, at least sustainability and market dominance. VanMoof’s bankruptcy in 2023 revealed how difficult it is to scale a new e-bike business, despite a consumer appetite for sexy, sleek e-bikes. Cake filed for bankruptcy at the start of the year, and Onyx Motorbikes was on the verge of bankruptcy itself when its 37-year-old owner died suddenly, leaving an absolute mess in his wake. Cake and Onyx have been given fresh chances of survival in 2025. Some startups have managed to find a way to keep an e-bike business afloat. Just look at Joco. The startup has fought the odds and managed to turn its docked e-bike rental service for delivery workers into a profitable business , and has even branched out into building battery charging cabinets. Here are some other micromobility must-reads of 2024: Bloom is reinventing how e-bikes are made in the US
‘General Hospital’ Alum Ingo Rademacher Reignites Legal Battle With ABC After Steve Burton’s Return
Irish premier praises Dublin woman who won civil case against Conor McGregorOTTAWA, Ontario (AP) — Notre Dame forward Danny Nelson scored twice, Western Michigan’s Hampton Slukynsky made 25 saves and the defending champion United States beat Latvia 5-1 on Saturday in the world junior hockey championship. The United States improved to 2-0 in Group A play, while Latvia dropped to 1-1 a day after stunning Canada with a 3-2 victory in a shootout. Boston College’s Ryan Leonard, Denver’s Zeev Buium and Minnesota Duluth’s Max Plante also scored for the Americans. They will be back in action Sunday at Canadian Tire Centre against Finland, then close group play Tuesday night against Canada. Davids Livsics scored for Latvia. Linards Feldbergs stopped 36 shots after making 55 saves against Canada and stopping all eight attempts in the shootout. In the only other game of the day, Czechia beat Kazakhstan 14-2 at TD Place. Czechia and Sweden are both 2-0 in Group B. Matej Mastalirsky, Vojtech Hradec and Jakub Stancl had hat tricks, with Hradec and Stancl also each assisting on two goals. ___ AP sports: https://apnews.com/sports The Associated Press