PITTSBURGH — The Steelers are expecting to play a regular season game in Ireland in 2025, their first international game in 12 years, according to team sources. Because the Steelers have nine home games in 2025, it is likely one of those games will be in Ireland. It would be the team's first international game since they lost to the Minnesota Vikings in London in Week 4 of the 2013 season. The NFL could make the announcement in the next couple weeks. This year, they announced the teams who would play international games — Chicago, Jacksonville, Minnesota and Carolina — on Jan. 11, 2024. The opponent and date would not be announced until the 2025 NFL schedule is released in the spring. The Steelers' association with Ireland goes beyond the global licensing agreement they have with the European country. The Rooney family has strong Irish ties, and Dan Rooney, the team's late owner/chairman, served as the U.S. Ambassador to Ireland from 2009-2012. Ireland is one of three countries in which the Steelers have a Global Markets Program license, along with Mexico and Germany. The license allows the team to participate in corporate sponsorship and merchandise sales in those countries, in addition to conducting in-person activities such as fan and youth football activities. The Steelers' 2025 home schedule includes games against the Buffalo Bills, Miami Dolphins, Green Bay Packers and Minnesota Vikings, in addition to the three AFC North opponents. They also will play the corresponding team in the division standings from the AFC South and NFC West. As of right now, that would be the second-place teams — Indianapolis Colts and Seattle Seahawks — but that could change depending what happens in the final week of the regular season. Because the Steelers could be designated as the home team, they would be required to arrive in Ireland early in the week. When they played the Vikings in 2013, the Steelers were considered the road team and did not arrive in London until early Friday morning. Several players complained of jet lag and tired legs after a 34-27 loss to the Vikings, saying their bodies didn't have enough time to adjust to the five-hour time difference. NFL rules require the designated home team for each international game to have their home stadium reserved for use in the event that a game cannot be played at the international site. Decembers to forget December has not been a good month recently for the Steelers, not since Mike Tomlin uttered his ill-timed "going to unleash hell in December" remark in the 2009 season. After consecutive losses to the Philadelphia Eagles, Baltimore Ravens and Kansas City Chiefs in an 11-day span, it marked the fourth time in the past six years the Steelers have lost three consecutive games in December. It is the fifth time in the past seven years they have lost three in a row after Thanksgiving. Those losing streaks caused them to miss the postseason in 2018 and 2019. If they don't beat the Cincinnati Bengals this weekend, it will be the first time since 1999 they ended the regular season with at least four consecutive losses. The Bengals have won four in a row since a 44-38 loss to the Steelers on Dec. 1 and still retain hope they can make the postseason. They are averaging 32.25 points in their past eight games. But the Steelers had their best offensive performance of the season in the first meeting. They had 520 yards offense, 28 first downs and their most points in six years. "The adversity can break you down," said quarterback Russell Wilson, who threw for 414 yards and three touchdowns in Cincinnati. "The adversity can challenge you in such a way that you start thinking negatively, start speaking negatively, start thinking, 'Woe is me.' Or the adversity can challenge you in such a way that there's growth, and then adversity can challenge you in such a way that you try to find the next moment." ©2024 PG Publishing Co. Visit at post-gazette.com. Distributed by Tribune Content Agency, LLC.None
Spirit Airlines CEO Edward Christie sells $714 in stockWASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. People are also reading... New director transitioning to role at community food pantry Beatrice man pleads guilty to receiving child sex abuse images Former Beatrice man sentenced for sex assault of runaway Is John Dutton real? Meet the powerful rancher seemingly inspiring the 'Yellowstone' legend At the courthouse, Dec. 21, 2024 Gage County says board had authority to deny permit for broadband provider Meyn, charged in death of 4-month-old, has case continued to March Sex offender arrested for not reporting change in employment Downtown Beatrice festive for the holidays Nebraska volleyball libero Lexi Rodriguez signs with LOVB's Omaha team At the courthouse, Dec. 14, 2024 Main Street welcomes new director Matt Rhule and Nebraska football plan Pinstripe Bowl practice in Central Park As Brenda Lee turns 80, the Christmas song she sang as a teen is a holiday staple Milke pre-trial hearing in Beatrice shooting death continued to March Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. Flight nightmare? Here's how to get compensated Flight nightmare? Here's how to get compensated "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Lost Luggage Bags elected to go on a vacay without you? Check off the following: Alert the airline, both in person and in writing, of any missing bags. Remember, the clock starts ticking immediately. After 21 days, the baggage is considered lost and the airline is liable for it and its contents. Contact the U.S. Department of Transportation (DOT) or Canadian Transportation Agency , who will query the airline on your behalf and give them a 30-day deadline to respond. Usually, the airline will resolve the issue, but if it doesn't, or if you're unsatisfied with the offer, the next level is mediation. Beyond that, the case could move to adjudication, a court-like process with a panel deciding on the outcome. On international flights, you have up to two years to file litigation. If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Delayed/Cancelled Flights Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Flight Compensation in the U.S. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." Flight Compensation in Canada The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: A plane must return to its gate after three hours on the tarmac. Minimum requirements will be set for procuring food, drink, lavatories, ventilation, and access to electronic communications during the delay. For larger airlines, payouts will range from $400 for a 3-6 hour delay, to $700 for 6-9 hours, and $1,000 for more than nine hours. For smaller carriers, the compensation would be $125, $250, and $500, respectively. Here's the loophole: If the delay is related to the air carrier's maintenance problems, no compensation is required. The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Bumped Off the Flight Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!Suspect in the UnitedHealthcare’s CEO Killing Struggles, Shouts Entering Courthouse
There is optimism among Southern California defense contractors that the incoming presidential administration’s plans and policies will inject adrenaline into the local economy and generate hundreds of new jobs, especially with talk of strengthening the U.S. military. President-elect Donald Trump has publicly vowed to strengthen the country’s military by making it more efficient and through that find better ways to develop more defense products utilizing technology innovation. He has also said he will build up a larger naval fleet to compete with China. Just after winning the presidential election, Trump named Elon Musk and Vivek Ramaswamy, founder of a pharmaceutical company, as co-leaders of a government efficiency initiative focused on cutting bureaucracy and waste in government. Many smaller tech firms, some of which have relationships with Musk’s Space X and Tesla, are hopeful the initiative could give them an edge over bigger defense companies with huge budgets. “The new administration is very passionate about countering China and they recognize the ability for the U.S. to outcompete China that manufacturing is probably the most important thing to counter that threat,” said Chris Power, CEO and founder of Hadrian Automation, a company based in Torrance that runs automated factories building defense products. “We haven’t been talking about reindustrializing the country in the last 10 years. Now, the vice president, a lot of the policymakers are hellbent on figuring out how to reindustrialize the U.S., both by investing in the country and also by creating an even playing field with China.” Power, an Australian who lives in Hermosa Beach and started his company just three years ago, was among hundreds who attended the 11th annual Regean National Defense Forum held over the weekend at the Ronald Reagan Presidential Library in Simi Valley. The event is an opportunity for representatives of defense and technology companies to rub shoulders and exchange ideas with lawmakers, senior Department of Defense leadership, and foreign defense leaders in an environment away from the hubbub of the nation’s capital. Southern California is packed with hundreds of defense-oriented companies and continues to be a leader in military defense innovation. Commercial technology is also significant in the country’s national security approach. Because of that, the forum is also an opportunity for non-traditional companies to get a share of the spotlight and for startups like Hadrian Automation to get a chance to talk with people otherwise not in their sphere. This year’s forum, themed “Peace Through Strength in a Time of Transition,” included a day of back-to-back panel discussions. Key themes included what the new presidential administration would mean for defense, overcoming production and manufacturing constraints to build the future force, space capabilities and the space economy, modernizing defense capabilities, the next national defense strategy, and public opinion on national security after the election. During a discussion on force structure, resources and the next national defense strategy, panelists emphasized funding military needs going forward. Rep. Ken Calvert, R-Corona, who serves on the House Appropriations Defense Subcommittee, pressed the importance of passing the appropriation bills that fund military spending. “We need to get these bills done and give certainty to the military that they have the resources available in the Trump administration,” he said. “I know it’s difficult in an era where we have significant national debt, but nonetheless, our national security is at risk, and we need to move forward.” The uncertainty of the government’s appropriations process makes it difficult for the defense industry, “from a development perspective and a production perspective,” said Lawrence Culp Jr., chairman and CEO of GE Aerospace. “Without that clarity, it’s very hard to keep someone at task with all these stops and starts and the policy uncertainty of late – it’s very hard.” The smaller companies further down the supply chain bear a lot of the weight of uncertainty, he added. “When you talk about the small and medium-sized businesses that are part of that supply chain, the small companies we rely on for input, one, two, three tiers away, they’re at the end of the whip and they can’t really handle that, either operationally or financially.” Former Secretary of Defense Leon Panetta said at the forum that is where Trump needs to use his ability to generate enthusiasm among the public and make Americans aware of the nation’s dangers if it doesn’t have a strong military. “The American people really don’t understand how much of a threat we’re facing,” he said. “We have got to educate the American people on that. We haven’t had a president in the last years who has gone to the American people and gotten their support. It’s the only way you get leadership in Congress to pay attention and get the action you need.” The forum produces a survey each year on public perception of military defense, the last conducted just after the November election by a bipartisan research group. Of the 2,500 surveyed, 79% of respondents said they want the U.S. to spend more on national defense. At the same time, 61% said the military should be large enough to win two wars simultaneously; 49% said China poses the most significant threat, while 25% said Russia poses more of a threat. And, that’s where lawmakers such as Calvert think Southern California companies can have opportunities to become more successful. “Southern California is the intellectual capital of the world when it comes to national security innovation and manufacturing,” he said. “President Trump is committed to a strong military that is focused on the threats we face today and tomorrow. There’s no doubt in my mind that Southern California will continue to make a significant contribution to those important goals in the years ahead. There’s widespread agreement that we need to invest in our national security to remain the preeminent superpower in the world.” With a new administration coming in talking about cutting waste in government agencies while strengthening the country with a more targeted and effective military, local companies working with defense contractors and manufacturers are looking to the future with a hopeful eye. Brandon Tseng, a former Navy SEAL who co-founded Shield AI and attended the defense forum this year for the second time, said more government interest in smaller companies that produce military technology will help Shield AI create more jobs. The San Diego-based company, which employs 900 people, aims to protect service members and civilians with AI systems. It develops artificial intelligence-powered pilot systems, drones and technology for military operations. “I’m bullish on the defense tech ecosystem,” he said, adding that he’s excited about Trump’s inclusion in his administration of Musk, Ramaswamy and Stephen Feinberg, a private equity investor with interests in the defense industry, who Tseng calls problem-solvers. Related links “What I’m optimistic about is that you have these operators who have run companies, been in the trenches, solved problems, and know what it means to walk the walk, not just talk the talk,” Tseng said. “The administration is bullish on doing things more efficiently, more effectively; that’s what technology is about. I think you’re going to see it will be very helpful for a lot of defense tech companies.” And, it’s exactly the idea of manufacturing parts quickly and efficiently that Power, of Hadrian Automation in Torrance, believes will help reinspire U.S. manufacturing, which he believes is the basis of a strong national defense. With his company, he hopes to inspire many young, smart people to want to get back into manufacturing – but in a more modern way that uses software to improve the manufacturing process and make it more efficient and effective. “U.S. power is based on the dollar,” he said. “The dollar is based on military might, which is really based on industrial power. We shot ourselves in the foot as a country by outsourcing our industrial power to China. That took away all the manufacturing skillsets, manufacturing technology, and a lot of jobs. For the last 25 years, we’ve treated China like a partner, but they have been subsidizing aggressively their manufacturing base specifically to gut our industrial power as a country.” At the same time the general public’s interest in manufacturing has dipped, he argued, with more people in the 1980s and ’90s choosing a four-year degree as the way to a successful future and a middle class that commands relatively high wages. “If you want manufacturing in America, the only way to do it is to build software factories that give the American workforce a productivity advantage so we can scale and use a new workforce instead of a legacy,” he said. “And if we want to be cost-competitive globally and efficient, we either have to pay everyone a very small amount or give the American workforce the 10x advantage with American software engineering and robotics.” Power sees Trump’s focus on empowering industrialization as having a huge impact on jobs. He plans to open two new facilities in the next year. “The faster we scale, the more jobs we provide,” he said. “And they’re better and more exciting jobs.” Related Articles
Kharge to lead Opposition strategy meeting as Parliament session kicks off on MondayFORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump promised on Tuesday to “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole, arguing that it was senseless and insulted the families of their victims. Biden said converting their punishments to life imprisonment was consistent with the moratorium imposed on federal executions in cases other than terrorism and hate-motivated mass murder. “Joe Biden just commuted the Death Sentence on 37 of the worst killers in our Country,” he wrote on his social media site. “When you hear the acts of each, you won’t believe that he did this. Makes no sense. Relatives and friends are further devastated. They can’t believe this is happening!” Presidents historically have no involvement in dictating or recommending the punishments that federal prosecutors seek for defendants in criminal cases, though Trump has long sought more direct control over the Justice Department's operations. The president-elect wrote that he would direct the department to pursue the death penalty “as soon as I am inaugurated,” but was vague on what specific actions he may take and said they would be in cases of “violent rapists, murderers, and monsters.” He highlighted the cases of two men who were on federal death row for slaying a woman and a girl, had admitted to killing more and had their sentences commuted by Biden. On the campaign trail, Trump often called for expanding the federal death penalty — including for those who kill police officers, those convicted of drug and human trafficking, and migrants who kill U.S. citizens. “Trump has been fairly consistent in wanting to sort of say that he thinks the death penalty is an important tool and he wants to use it,” said Douglas Berman, an expert on sentencing at Ohio State University’s law school. “But whether practically any of that can happen, either under existing law or other laws, is a heavy lift.” Berman said Trump’s statement at this point seems to be just a response to Biden’s commutation. “I’m inclined to think it’s still in sort of more the rhetoric phase. Just, ‘don’t worry. The new sheriff is coming. I like the death penalty,’” he said. Most Americans have historically supported the death penalty for people convicted of murder, according to decades of annual polling by Gallup, but support has declined over the past few decades. About half of Americans were in favor in an October poll, while roughly 7 in 10 Americans backed capital punishment for murderers in 2007. Before Biden's commutation, there were 40 federal death row inmates compared with more than 2,000 who have been sentenced to death by states. “The reality is all of these crimes are typically handled by the states,” Berman said. A question is whether the Trump administration would try to take over some state murder cases, such as those related to drug trafficking or smuggling. He could also attempt to take cases from states that have abolished the death penalty. Berman said Trump's statement, along with some recent actions by states, may present an effort to get the Supreme Court to reconsider a precedent that considers the death penalty disproportionate punishment for rape. “That would literally take decades to unfold. It’s not something that is going to happen overnight,” Berman said. Before one of Trump's rallies on Aug. 20, his prepared remarks released to the media said he would announce he would ask for the death penalty for child rapists and child traffickers. But Trump never delivered the line. One of the men Trump highlighted on Tuesday was ex-Marine Jorge Avila Torrez, who was sentenced to death for killing a sailor in Virginia and later pleaded guilty to the fatal stabbing of an 8-year-old and a 9-year-old girl in a suburban Chicago park several years before. The other man, Thomas Steven Sanders, was sentenced to death for the kidnapping and slaying of a 12-year-old girl in Louisiana, days after shooting the girl's mother in a wildlife park in Arizona. Court records show he admitted to both killings. Some families of victims expressed anger with Biden's decision, but the president had faced pressure from advocacy groups urging him to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The ACLU and the U.S. Conference of Catholic Bishops were some of the groups that applauded the decision. Biden left three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of Life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. _______ Associated Press writers Jill Colvin, Michelle L. Price and Eric Tucker contributed to this report.Best Bets for NCAA Basketball Picks Against the Spread for Monday, December 30
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Lululemon stock jumps as international growth helps to offset slowing U.S. sales - CNBCThe Municipal Corporation of Delhi (MCD) plans to build nine furnaces in non-conventional CNG and electric green crematoriums next year as green cremations now comprise 9% of the total cremations in the Capital every year, officials said on Sunday. According to public health department data, cremations at non-conventional sites have almost doubled in Delhi since the Covid-19 outbreak — from 3-5% of total cremations before the pandemic to 9% now. “There are 21 CNG/electric furnaces operational across Delhi. The number has grown manifold since the Covid-19 pandemic. We are further planning to increase capacity by adding nine furnaces in the next year,” a senior MCD official said. Of the 132,391 people who died in Delhi in 2024 so far, 111,364 were cremated. Of these cremations, 9% (around 10,000) were carried out using non-conventional funeral mechanisms — CNG and electric furnace. MCD said that a traditional cremation uses 400-500kg of wood, and all such cremations in Delhi use up 45,600 tonnes of wood per year. “Each green cremation saves 400-500kg of wood. In 2024 this meant the saving up of 4,500 tonnes of wood,” the official cited above said. A second MCD official said that the number of green furnaces will also increase as part of an ongoing revamp of funeral sites. “The Lodhi Road crematorium is currently being upgraded. It has one electric furnace, and a second non-functional unit will be replaced and made operational. More CNG furnaces will be added to sites such as the Rohini crematorium and Sarai Kale Khan crematorium, which are being redeveloped,” the official said. Of the 21 green furnaces operated by MCD, three are electric — one at Lodhi Road and two at Sarai Kale Khan — and the rest are CNG sites such as the Nigambodh Ghat, Punjabi Bagh, Green Park, Ghazipur, and Karkardooma, among others. “The pandemic has catalysed growth of alternative cremation methods in Delhi with a trend thrust towards more CNG-based crematoria furnaces. Instead of having just two available CNG crematoria at Nigambodh Ghat and Punjabi Bagh Shamshan Bhumi, Delhi has developed new units in Green Park, Karkardooma, Subhash Nagar, and Ghazipur, while the number of furnaces has also been doubled in the Nigambodh and Punjabi Bagh facilities. New units are being added to Rohini, Keshopur, Dakshinpuri and Mangolpuri,” the second official added. A 2016 source apportionment study by Indian Institute of Technology (IIT), Kanpur assessed 53 cremation sites and found that they are adding 4% of toxic carbon monoxide emissions in Delhi’s environment. The study concluded that cremations were daily releasing more than 2,129kg carbon monoxide, 33kg of sulphur dioxide, 346kg of PM10 and 312kg of PM2.5 dust particles into the air. While hearing a 2016 case, the National Green Tribunal had directed the environment ministry and the Delhi government to provide alternative modes of cremation, saying that the “traditional method of wooden pyres emitted hazardous pollutants into the environment.”
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NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The retail market in indonesia size is estimated to grow by USD 49.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.73% during the forecast period. Expansion of retail landscape is driving market growth, with a trend towards growing preference for local brands. However, underdeveloped infrastructure poses a challenge. Key market players include Adidas AG, Apple Inc., Authentic Brands Group LLC, Decathlon SA, Inter IKEA Holding BV, Levi Strauss and Co., LG Electronics Inc., Marks and Spencer Group plc, Nike Inc., Panasonic Holdings Corp., PT FUJITA Indonesia, PT Hino Motors Manufacturing Indonesia, PT Siantar Top Tbk, PT Sumber Alfaria Trijaya Tbk, PT. Indomarco Prismatama, PT Mitra Adiperkasa Tbk, PT Ramayana Lestari Sentosa Tbk, PT. SGMW Motor Indonesia, Samsung Electronics Co. Ltd., and Sony Group Corp.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The retail market in Indonesia is witnessing significant trends shaped by modern spending habits and the increasing use of digital technology. Physical distribution channels continue to dominate consumption, but prices, credit cost, and employment are key concerns. Social welfare and household consumption are driving economic growth, with private consumption leading the way. Retail sectors, including goods and services, are seeing increased investment and exports. Modern retail formats like organized retail markets, retail chains, and e-commerce are gaining popularity. Digital technology, social media, and online commerce are transforming media distribution, ride-sharing services, financial services, and customer sentiments. Palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products remain important commodities. E-commerce brands, visual merchandising techniques, inventory management, and economic growth are shaping the retail landscape. Small business owners and entrepreneurs are embracing brand loyalty and eco-friendly practices. Circular retail models, resale, rental, refurbishment, 3D printing, and augmented reality are emerging trends. Cashback, discounts, and special offers continue to attract consumers. The middle class is a significant market segment, with increasing income and demand for product quality and accessibility. Indonesian consumers exhibit strong brand loyalty and a preference for local brands, with 75% of people deciding in advance about their product purchases. Over 65% of Indonesians consistently shop at the same store for food and beverages. Local brands like PT Fujita Indonesia and PT Hino Motors Manufacturing Indonesia, as well as non-expensive foreign brands, meet the needs of Indonesian consumers and offer better value for money. Foreign companies entering the Indonesian market have employed localization and acquisition strategies to gain a foothold. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! • The retail market in Indonesia faces several challenges. Modern spending habits shift towards digital technology and online commerce, impacting physical distribution channels. Consumption patterns are influenced by prices, credit cost, employment, and social welfare. Economic growth, income, and product quality are crucial factors. Indonesia's exports of key commodities like palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products are significant. Ramadan period boosts private consumption. Organized retail market includes retail chains, department stores, boutiques, e-commerce retail, online retail, websites, and mobile apps. Small business owners and entrepreneurs face competition from e-commerce brands and digital technology. Brand loyalty is essential. Economic growth, accessibility, and customer sentiments influence retail trends. Sustainability efforts, circular retail models, and eco-friendly practices are gaining popularity. Cashback, discounts, and special offers are common marketing strategies. Government spending, investment, social media, ride-sharing services, financial services, and media distribution are also shaping the retail landscape. Artificial intelligence (AI) and visual merchandising techniques are used for inventory management and customer engagement. Middle class consumers drive demand for tailor-made products and services. • In Indonesia's retail market, inadequate infrastructure and network services pose significant challenges for exporters and investors. Traditional warungs and minimarts remain popular among consumers, necessitating extensive distribution networks for business growth. Innovations, particularly in packaging, are crucial due to limited and competitive shelf space. The country's population is dispersed across numerous islands, making underdeveloped connectivity a barrier to consumer access to various goods and services. Companies must navigate these complexities to succeed in Indonesia's retail sector. Discover how AI is revolutionizing market trends- Get your access now! This retail market in Indonesia report extensively covers market segmentation by 1.1 Offline 1.2 Online 2.1 Food and beverages 2.2 Electrical and electronics 2.3 Apparel and footwear 2.4 Home improvement and household products 2.5 Others 3.1 APAC 1.1 Offline- Convenience stores in Indonesia are small retail outlets providing everyday essentials, including groceries, snacks, personal care items, and alcohol (if licensed). They are often located near highways or busy urban areas. Department stores offer a wide range of consumer goods, from clothing to electronics. Drug stores and pharmacies sell medicines and health products, typically open 24 hours. In 2021, Boots UK opened its first franchise store in Indonesia . Supermarkets are larger self-service stores with a wide variety of household products, food, and medicines. Hypermarkets combine supermarkets and convenience stores, focusing on high volume, low-margin sales. Retailers faced challenges in 2020 due to shipping issues, offering free or discounted shipping and clearing stocks. Unorganized vendors pose a threat, but their sales declined in 2021, benefiting established retailers. Preventive measures ensured safe shopping experiences, and online shopping habits reduced foot traffic to offline stores, leading to moderate retail market growth. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics The retail market in Indonesia is experiencing significant growth, driven by rising household purchasing power and modern spending habits. With a population of over 270 million people, the country's consumption is a major contributor to the economy. Prices for essential commodities such as palm oil, fish, cocoa, coffee, wheat, and dairy have seen fluctuations, impacting the retail sector. Credit costs and employment levels are important factors influencing consumer spending. The government's social welfare programs and investment in infrastructure have boosted private consumption. Digital technology, social media, online commerce, media distribution, ride-sharing services, and financial services are transforming the retail landscape. Middle-class consumers are driving demand for a wider range of products and services. The retail industry's future looks promising, with exports and government spending expected to further fuel growth. The retail market in Indonesia is witnessing significant changes due to modern spending habits and the increasing adoption of digital technology. Consumption patterns are shifting towards private and household consumption, driven by economic growth and rising income levels. Prices remain a crucial factor, with credit costs and social welfare playing essential roles in shaping purchasing decisions. Physical distribution channels continue to dominate, but online commerce and ride-sharing services are gaining popularity. Modern retail formats, including retail chains, department stores, boutiques, and e-commerce retail, are transforming the market. Digital technology, social media, and online marketplaces are revolutionizing the way businesses reach customers and manage inventory. Key sectors, such as palm oil, fish, cocoa, coffee, wheat, dairy, and processed food products, continue to drive the retail market. The Ramadan period sees in demand for these goods. The organized retail market, including e-commerce and brick-and-mortar stores, is expected to grow, driven by middle-class consumers and entrepreneurs. Brand loyalty is crucial, with e-commerce brands leveraging artificial intelligence (AI) and visual merchandising techniques to attract customers. Eco-friendly practices and sustainability efforts are becoming essential as consumers demand more circular retail models. Resale, rental, refurbishment, 3D printing, and augmented reality are emerging trends. Cashback, discounts, and special offers remain popular promotional strategies. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Distribution Channel Offline Online Product Food And Beverages Electrical And Electronics Apparel And Footwear Home Improvement And Household Products Others Geography APAC 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioDIY Pressure Washing Versus Professional Pressure Washing 12-10-2024 11:06 PM CET | Politics, Law & Society Press release from: ABNewswire West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid choices, and they each come with their own benefits and challenges. Wicked Clean, [ https://www.wickedcleanct.com/ ] a local business specializing in pressure washing [ https://www.wickedcleanct.com/pressure-washing-company-in-west-hartford-ct/ ] services, lays out the pros and cons of each of these options below. The Pros and Cons of DIY Pressure Washing What happens when a property owner chooses to pressure wash their surfaces on their own? Well, they will need to ensure that they are completely equipped for the work ahead of them. This requires an understanding of the equipment used during a typical pressure washing job. This includes a pump (to pressurize the water), a hose (to spray the water onto dirty surfaces), and protective equipment such as gloves, eyewear, and earplugs. Obtaining this equipment will require money, and the property owner will also need to learn how to use it. Incorrect use of this equipment can result in a property's surfaces becoming damaged. Property owners who invest the time and money into acquiring these tools and learning how to use them, though, will be rewarded. Pressure washing a property by oneself is a great way to save money in the long run, as the money saved from continuously doing DIY work will eventually recuperate the cash spent to obtain the equipment in the first place. However, DIY work comes at the cost of personal time and energy, which can be difficult to come by when juggling a full-time job and other day-to-day obligations. The Pros and Cons of Professional Pressure Washing The main draw of professional pressure washing is to restore the appearance of exterior surfaces without having to spend the time and energy associated with DIY work. It's true that any residential or commercial client who reaches out to a professional pressure washing company will be able to avoid hours-if not days-of physical labor. Additionally, they can rest assured knowing they will receive results that are potentially better than what DIY work could create. That is because professionals have more experience than most DIYers. Therefore, it is only natural that they can produce cleaner, brighter surfaces. One of the cons associated with professional pressure washing is the cost. While there are many pressure washing companies out there, they all have one thing in common-bills to pay. The typical operating costs of a pressure washing company include wages, insurance fees, fuel for the vehicle, equipment maintenance, and advertising. Because of this, a pressure washing company will need to charge its clients for its services. Whether the money is worth the services is up to the individual. Wicked Clean Provides Pressure Washing Services in West Hartford, CT Those who would prefer professional pressure washing to the DIY experience are invited to reach out to Wicked Clean. The company proudly provides a wide array of pressure washing services to the community, ranging from concrete cleaning and house washing to projects involving fences, decks, rooftops, and more. To keep costs fair for the customer, Wicked Clean makes use of a "sliding scale" system. The price of any job is determined by the total surface area that needs to be washed. The company always provides upfront quotes at the beginning of each appointment. About Wicked Clean Wicked Clean is a locally owned business that is always delighted to serve residential and commercial clients in West Hartford, CT. [ https://www.wickedcleanct.com/pressure-washing-company-in-west-hartford-ct/ ] The company prioritizes fast and reasonably priced services with the aim of leaving all customers satisfied. To assist with this goal, Wicked Clean maintains a team of fully trained employees who are prepared to take on jobs of all shapes and sizes. For more information about Wicked Clean, visit their website [ https://www.wickedcleanct.com/ ] or call (860) 748-8655 Media Contact Company Name: Wicked Clean Contact Person: David Cass Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=diy-pressure-washing-versus-professional-pressure-washing ] Phone: (860) 748-8655 City: West Hartford State: Connecticut Country: United States Website: https://www.wickedcleanct.com/ This release was published on openPR.IGM Financial Inc. ( TSE:IGM – Get Free Report ) announced a quarterly dividend on Thursday, November 7th, Zacks Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.563 per share by the financial services provider on Friday, January 31st. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Tuesday, December 31st. IGM Financial Trading Up 0.7 % Shares of IGM stock opened at C$46.76 on Friday. The stock has a market capitalization of C$11.07 billion, a price-to-earnings ratio of 13.17, a PEG ratio of 4.09 and a beta of 1.53. The company’s fifty day simple moving average is C$45.32 and its two-hundred day simple moving average is C$41.09. IGM Financial has a 1 year low of C$32.95 and a 1 year high of C$47.96. The company has a debt-to-equity ratio of 35.99, a current ratio of 2.12 and a quick ratio of 0.31. Wall Street Analyst Weigh In A number of analysts recently issued reports on IGM shares. CIBC boosted their price objective on IGM Financial from C$47.00 to C$50.00 in a research note on Friday, November 8th. TD Securities increased their price target on shares of IGM Financial from C$46.00 to C$50.00 in a report on Monday, November 11th. National Bankshares boosted their price objective on shares of IGM Financial from C$47.00 to C$50.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. BMO Capital Markets increased their target price on shares of IGM Financial from C$43.00 to C$47.00 in a research note on Monday, November 11th. Finally, Scotiabank boosted their price target on shares of IGM Financial from C$53.00 to C$56.00 in a research report on Friday, November 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$49.29. About IGM Financial ( Get Free Report ) IGM Financial Inc operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services. Featured Articles Receive News & Ratings for IGM Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IGM Financial and related companies with MarketBeat.com's FREE daily email newsletter .
With a recession deepening and the 1982 midterm elections approaching, Federal Reserve Chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of staff, James Baker. When Baker said Reagan wanted to give Volcker an “order” about interest rates, the 6-foot-7 central banker immediately stalked silently from the room. He did not take orders. Donald Trump is determined to break institutions to the presidential saddle, so people wonder: Could he fire the head of the Fed? (Probably not. Besides, Chair Jerome H. Powell’s term expires in May 2026.) More interesting questions are: What is the Fed for? And is its “independence” a license for mission creep? John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their essay “Ending Bailouts, At Last” in the Journal of Law, Economics and Policy. 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Paige Hubl, former Nebraska volleyball player and Lincoln Southeast coach, dies at age 34 Man found dead in north Lincoln, police say Driver of car dead after crash in downtown Lincoln; part of O Street closed Here's what Nebraska volleyball's loss to Penn State means for Huskers' Big Ten title hopes Wisconsin officer grabbing Donovan Raiola's arm a 'misunderstanding,' UW police say Iowa players say Nebraska refused pregame handshake, among other perceived slights Nebraska defensive lineman announces he’ll return for 2025 season Tony White leaves Nebraska for Florida State defensive coordinator job Sound waves: What others are saying about Nebraska's loss to Iowa Matt Rhule, Luke Fickell both downplay postgame encounter between Fickell, Donovan Raiola 'Not what we want to do': Nebraska's Matt Rhule talks pregame handshake snub with Iowa Taco restaurant started by brothers in Grand Island expands to Lincoln Nebraska portal tracker: Jimari Butler and reserve RB among Huskers entering Amie Just: Takeaways from Nebraska volleyball's NCAA tourney, including a Rattler flashback Signing Day: Nebraska football has signatures from 20 of its 20 commits for 2025 class The problematic behavior is a century old and bipartisan: When large financial institutions are in danger of failing, government bails them out by bailing out their creditors. The 1907 financial crisis led in 1913 to the Federal Reserve Act establishing the Fed, which did not prevent the 1933 bank collapse. This led to deposit insurance and many regulations, which did not prevent Continental Illinois Bank’s 1984 failure, the savings and loan crisis of the 1980s and many other bumps on the road to 2008. “Never again, we say, again and again,” wrote Cochrane and Seru. Bailouts multiply, larger each time, spreading to highly leveraged industrial companies, as in the auto bailout of 2009. “Too leveraged to fail,” they wrote, “might be the summary of our new regime.” Too leveraged is a consequence of interest rates too low for too long, combined with confidence that the bailout culture is forever and unlimited. During the pandemic, the market for Treasury bonds became fragile, so the Fed lent bond dealers money to buy the bonds, “then turned around and bought the Treasurys from the dealers a few days later.” Cochrane and Seru wrote that the Fed almost has an implicit policy of buying “whatever quantity” necessary to prop up corporate bond prices. They noted that the Biden administration’s “paycheck protection” program made “forgivable loans” — Washington-speak for gifts — “to small businesses with 500 or fewer employees to cover their business costs, including mortgage interests, rent, utilities and up to eight weeks’ payroll costs.” It is one thing for the accountable political institutions to do this, quite another for the Fed to lend “on lenient terms to the real economy, not just the financial sector.” Throughout the economy, Cochrane and Seru wrote, leverage has been rewarded: “If you saved and bought a house with cash, if you saved and went to a cheaper college rather than take out a big student loan, or if you repaid that loan promptly, you did not get money.” In today’s permanent central-bank-run credit system, “Borrow. Borrow especially if you are big or part of a big and politically influential class of borrowers. As with student loans, borrow from the government.” You might not have to pay it back. When Silicon Valley Bank accepted many large, uninsured deposits, then got in trouble, the Federal Deposit Insurance Corp. — the government — guaranteed all deposits. So now, wrote Cochrane and Seru, “effectively markets expect all deposits of any size to be guaranteed going forward, at least during any newsworthy event.” The Congressional Budget Office projects budget deficits of 5% to 8% of gross domestic product forever. And this, Cochrane and Seru correctly believe, is too unrealistic. CBO assumes no crises, recessions, wars, pandemaics or — most laughably — spending increases. But even this optimistic debt path “simply cannot happen.” “We have,” Cochrane and Seru wrote, “once-in-a-century crises every 10 years these days.” “Crisis” has come to mean “the possibility that someone, somewhere might lose money.” And “contagion” now denotes a vague fear that “any ripple anywhere might bring down the financial system.” Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout American life. Cumulatively, they might break the government before Trump’s eccentric Cabinet nominees can.
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TEL AVIV, Israel — Israel said Sunday that the body of an Israeli-Moldovan rabbi who went missing in the United Arab Emirates has been found after he was killed in what it described as a “heinous antisemitic terror incident.” The statement from Prime Minister Benjamin Netanyahu’s office said Israel “will act with all means to seek justice with the criminals responsible for his death.” Israeli authorities did not say how they determined the killing of Zvi Kogan was a terror attack and offered no additional details. Kogan, 28, an ultra-Orthodox rabbi who went missing on Thursday, ran a Kosher grocery store in the futuristic city of Dubai, where Israelis have flocked for commerce and tourism since the two countries forged diplomatic ties in the 2020 Abraham Accords. The agreement has held through more than a year of soaring regional tensions unleashed by Hamas’ Oct. 7, 2023, attack into southern Israel. But Israel’s devastating retaliatory offensive in Gaza and its invasion of Lebanon, after months of fighting with the Hezbollah militant group, have stoked anger among Emiratis, Arab nationals and others living in the the UAE. Iran, which supports Hamas and Hezbollah, has also been threatening to retaliate against Israel after a wave of airstrikes Israel carried out in October in response to an Iranian ballistic missile attack. The Emirati government did not respond to a request for comment. However, senior Emirati diplomat Anwer Gargash wrote on the social platform X in Arabic on Sunday that “the UAE will remain a home of safety, an oasis of stability, a society of tolerance and coexistence and a beacon of development, pride and advancement.” Early Sunday, the UAE’s state-run WAM news agency acknowledged Kogan’s disappearance but pointedly did not acknowledge he held Israeli citizenship, referring to him only as being Moldovan. The Emirati Interior Ministry described Kogan as being “missing and out of contact.” “Specialized authorities immediately began search and investigation operations upon receiving the report,” the Interior Ministry said. Netanyahu told a regular Cabinet meeting later Sunday that he was “deeply shocked” by Kogan’s disappearance and death. He said he appreciated the cooperation of the UAE in the investigation and that ties between the two countries would continue to be strengthened. Israel’s largely ceremonial president, Isaac Herzog, condemned the killing and thanked Emirati authorities for “their swift action.” He said he trusts they “will work tirelessly to bring the perpetrators to justice.” Israel also again warned against all nonessential travel to the Emirates after Kogan’s killing. “There is concern that there is still a threat against Israelis and Jews in the area,” a government warning issued Sunday said. Kogan was an emissary of the Chabad Lubavitch movement, a prominent and highly observant branch of ultra-Orthodox Judaism based in Brooklyn’s Crown Heights neighborhood in New York City. It said he was last seen in Dubai. The UAE has a burgeoning Jewish community, with synagogues and businesses catering to kosher diners. The Rimon Market, a Kosher grocery store that Kogan managed on Dubai’s busy Al Wasl Road, was shut Sunday. As the wars have roiled the region, the store has been the target of online protests by supporters of the Palestinians. Mezuzahs on the front and back doors of the market appeared to have been ripped off when an Associated Press journalist stopped by on Sunday. Kogan’s wife, Rivky, is a U.S. citizen who lived with him in the UAE. She is the niece of Rabbi Gavriel Holtzberg, who was killed in the 2008 Mumbai attacks. The UAE is an autocratic federation of seven sheikhdoms on the Arabian Peninsula and is also home to Abu Dhabi. Local Jewish officials in the UAE declined to comment. While the Israeli statement did not mention Iran, Iranian intelligence services have carried out past kidnappings in the UAE. Western officials believe Iran runs intelligence operations in the UAE and keeps tabs on the hundreds of thousands of Iranians living across the country. Iran is suspected of kidnapping and later killing British Iranian national Abbas Yazdi in Dubai in 2013, though Tehran has denied involvement. Iran also kidnapped Iranian German national Jamshid Sharmahd in 2020 from Dubai, taking him back to Tehran, where he was executed in October. Goldenberg and Gambrell write for the Associated Press. Gambrell reported from Dubai, United Arab Emirates.Steel Dynamics, Inc. ( NASDAQ:STLD – Get Free Report ) announced a quarterly dividend on Friday, November 8th, RTT News reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.46 per share by the basic materials company on Friday, January 10th. This represents a $1.84 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Tuesday, December 31st. Steel Dynamics has raised its dividend by an average of 19.4% annually over the last three years and has increased its dividend annually for the last 12 consecutive years. Steel Dynamics has a dividend payout ratio of 19.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Steel Dynamics to earn $10.23 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 18.0%. Steel Dynamics Trading Down 1.1 % Shares of STLD stock opened at $115.77 on Friday. Steel Dynamics has a fifty-two week low of $104.60 and a fifty-two week high of $155.56. The firm has a market capitalization of $17.63 billion, a P/E ratio of 10.48 and a beta of 1.31. The stock’s fifty day moving average is $134.41 and its two-hundred day moving average is $127.12. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.26 and a current ratio of 2.39. Analysts Set New Price Targets STLD has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Steel Dynamics from $129.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Morgan Stanley reduced their price target on Steel Dynamics from $138.00 to $131.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 18th. The Goldman Sachs Group initiated coverage on shares of Steel Dynamics in a report on Monday, December 2nd. They issued a “neutral” rating and a $155.00 price objective for the company. Bank of America raised shares of Steel Dynamics from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $140.00 to $155.00 in a research note on Tuesday, October 1st. Finally, BMO Capital Markets increased their price target on shares of Steel Dynamics from $130.00 to $135.00 and gave the company a “market perform” rating in a research note on Friday, October 18th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Steel Dynamics presently has a consensus rating of “Hold” and an average target price of $144.25. View Our Latest Stock Report on STLD Insider Buying and Selling at Steel Dynamics In other news, VP Chad Bickford sold 2,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $134.86, for a total transaction of $269,720.00. Following the completion of the transaction, the vice president now directly owns 17,100 shares in the company, valued at $2,306,106. This trade represents a 10.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Also, SVP Glenn Pushis sold 17,941 shares of the business’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $133.09, for a total value of $2,387,767.69. Following the completion of the sale, the senior vice president now owns 146,693 shares in the company, valued at $19,523,371.37. This represents a 10.90 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 28,591 shares of company stock worth $3,885,938 over the last three months. Insiders own 6.00% of the company’s stock. Steel Dynamics Company Profile ( Get Free Report ) Steel Dynamics, Inc, together with its subsidiaries, operates as a steel producer and metal recycler in the United States. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing steel bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. Featured Articles Receive News & Ratings for Steel Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Dynamics and related companies with MarketBeat.com's FREE daily email newsletter .
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