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2025-01-25
NEW YORK — McDonald's will expand its U.S. value menu early next year as it continues to try to win back inflation-weary customers. Starting Jan. 7, the burger chain will let customers buy one full-priced item from a limited value menu and get another item on that menu for $1. Items on the menu include a Sausage McMuffin, hash browns, a McChicken sandwich and small fries. McDonald's will also continue to offer its $5 Meal Deal through next summer. That deal, introduced in June, was extended through the end of this year. Chicago-based McDonald's said it will also continue to offer local specials and in-app deals like free drinks. As grocery price inflation has eased, McDonald's says it has seen more diners shifting to eating at home instead of going out. In October, prices for food eaten away from home were up 3.8 percent from the prior year, while prices for food eaten at home were up 1.1 percent, according to government data. McDonald's $5 Meal Deal, which was matched by rivals like Burger King, helped win back some customers. Last quarter, its U.S. sales at locations open at least a year — rose 0.3 percent from the same period a year earlier. NEW YORK — DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by the buyout target's lenders. The deal was reliant on Dish bondholders agreeing to swap their debt for debt in the new company, which would have cost them about $1.6 billion. The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September. DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of about $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish. The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns. The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink. FRANKFURT, Germany — Technology manufacturer Bosch said Nov. 22 that it plans to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global vehicle industries. The company cited stagnating global auto sales, a glut of factory capacity and the slower-than-expected transition to electric-powered, software-controlled cars. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered near Stuttgart. About half those job reductions would be at locations in Germany. "The auto industry has significant overcapacities," the company said in a statement. "In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers." About 230,000 workers are under Bosch's mobility division, which operates a North Charleston plant, out of a global workforce of 429,000. NEW YORK — Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI. This will bring the online retailer's total investment in Anthropic to $8 billion, which represents a minority ownership stake in the year-old startup founded by former leaders of the Microsoft-linked OpenAI. Under the deal, Amazon said the San Francisco-based Anthropic will now name Amazon's cloud computing unit, Amazon Web Services, as its "primary training partner." It will also use two AWS chips to train and deploy its future foundational models, the advanced systems that underpin general-purpose AI services like ChatGPT and Google's Bard chatbot. DETROIT — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The actions cover more than 145,000 Hyundai and Genesis vehicles including the 2022-24 Ioniq 5, the 2023-25 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from the 2022-24 model years. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed and update the software. Vehicles recalled earlier this year to fix the same problem are included. Owners will be notified by letter in December and January. ATLANTIC CITY, N.J. — Atlantic City's casinos saw their operating profits decline by nearly 14 percent in the third quarter of this year, figures released Nov. 22 by New Jersey gambling regulators show. The Division of Gaming Enforcement issued statistics showing that the nine casinos had a collective gross operating profit of $236.5 million for the July-September period, down 13.8 percent from a year earlier. It was the latest indication of how the casinos continue to struggle with economic conditions and the shift to less-profitable online gambling since the pandemic.slot vip game

Police have put out alerts to the public to help find a missing 27-year-old man named Royden. or signup to continue reading Royden was last seen in Port Macquarie around 2pm Thursday, December 5, 2024. He was wearing dark clothing. Police and family hold serious concerns for his welfare as this behaviour is considered out of character. Roydon is described as being of Caucasian appearance, 185cm, thin build with short brown hair. He is known to frequent the Port Macquarie, Kundabung and Kempsey areas Anyone with information into his whereabouts is urged to call Port Macquarie Police Station or Crime Stoppers on 1800 333 000 or Information is treated in strict confidence. The public is reminded not to report information via NSW Police social media pages.SEOUL, South Korea (AP) — In an era of rising authoritarianism, at the heels of a six-hour martial law decree that unfolded while many South Koreans slept, something noteworthy happened: Democracy held. The past week in Seoul, officials and academics warn, is what a threat to democracy looks like in 2024. It's a democratically-elected president declaring martial law over the nation he leads, asserting sweeping powers to prevent opposition demonstrations, ban political parties and control the media. It's members of the military attempting to block lawmakers from exercising their power to vote on cancelling the power grab. And here's what it took to defeat President Yoon Suk Yeol 's lurch toward government by force: Unified popular support for democracy. Legislators storming the National Assembly past midnight, live-streaming themselves climbing over fences. A politician grabbing at a soldier's rifle and yelling “Aren't you ashamed?” until he retreated. And finally, decisively, Parliament assembling a quorum and voting unanimously to cancel martial law. It was a victory for a hard-won democracy — and for the idea that checks and balances among branches of government must work to counteract each other's ambitions, as the American founders wrote in the Federalist Papers in 1788. But as the drama played out in Seoul, the scaffolding of democracy rattled around the world. In other countries, the grab for power might have worked. Other would-be authoritarians might have been better prepared than Yoon. In deeply polarized societies — the United States, for example, where Republicans are staunchly loyal to president-elect Donald Trump — there might not have been decisive support from the public or the opposition. The military might have used force. And the members of the legislature might not have voted as one to snuff out the attempted takeover. “President Yoon's attempt to declare martial law reveals the fragility of the rule of law in divided societies, especially those with governments in which the chief executive cannot be easily dismissed by the legislature," said Tom Pepinsky, a government professor at Cornell University who studies backsliding among democracies in Southeast Asia. Notably, he said in an email, “No members of President Yoon’s own party were willing to defend his actions in public." Nevertheless, Yoon’s surprise attempt to impose martial law revealed both the fragility and resilience of the country’s democratic system. Within three hours of his stunning announcement to impose military rule — claiming the opposition was “paralyzing” state affairs — 190 lawmakers voted to cancel his actions. In so doing, they demonstrated the strength of the country’s democratic checks and balances. Yoon’s authoritarian push, carried out by hundreds of heavily armed troops with Blackhawk helicopters and armored vehicles sent to the National Assembly, harked back to an era of dictatorial presidents. The country’s democratic transition in the late 1980s came after years of massive protests by millions that eventually overcame violent suppressions by military rulers. Civilian presence was again crucial in shaping the events following Yoon’s late night television announcement on Tuesday. Thousands of people flocked to the National Assembly, shouting slogans for martial law to be lifted and Yoon to step down from power. There were no reports of violent clashes as troops and police officers. “We restored democracy without having a single casualty this time,” said Seol Dong-hoon, a sociology professor at South Korea’s Jeonbuk National University. It’s virtually impossible for any leader of a democracy to pull off a transition toward martial law without a public willing to support it, or at least tolerate it. Opposition leader Lee Jae-myung, who narrowly lost to Yoon in the 2022 presidential election, attracted millions of views as he began live-streaming his journey to the National Assembly, pleading for people to converge to the parliament to help lawmakers get inside. The shaky footage later shows him exiting his car climbing over a fence to get onto the grounds. The vote at the National Assembly was also broadcast live on the YouTube channel of Assembly Speaker Woo Won Shik, who also had to scale a fence to get in. Yoon’s sense of crisis clearly wasn’t shared by the public, whose opinions, Seol said, were shaped predominantly by the shocking videos broadcast to their devices. “Ultimately, democracy is all about moving public opinion,” he said. “What was most crucial in this case was that everything was broadcast live on smartphones, YouTube and countless other media.” Opposition lawmakers are now pushing to remove Yoon from office, saying he failed to meet the constitutional requirement that martial law should only be considered in wartime or a comparable severe crisis — and that he unlawfully deployed troops to the National Assembly. On Saturday, an opposition-led impeachment motion failed after most lawmakers from Yoon’s party boycotted the vote. Yet the president’s troubles persist: The vote’s defeat is expected to intensify nationwide protests and deepen South Korea’s political turmoil, with opposition parties preparing to introduce another impeachment motion when parliament reconvenes next Wednesday. Han Sang-hie, a law professor at Seoul’s Konkuk University, said the martial law debacle highlights what he sees as the most crucial flaw of South Korea’s democracy: that it places too much power in the hands of the president, which is easily abused and often goes unchecked. Political scientists call what happened in South Korea an “autogolpe” — a “self-coup” — defined as one led by incumbent leaders themselves, in which an executive takes or sponsors illegal actions against others in the government. Yoon qualifies because he used troops to try to shut down South Korea's legislature. Self-coups are increasing, with a third of the 46 since 1945 occurring in the past decade, according to a study by researchers from Carnegie Mellon University and Penn State University. About 80% of self-coups succeed, they reported. In 2021, a power grab by Tunisian President Kais Saied raised similar concerns around the world after the country designed a democracy from scratch and won a Nobel Peace Prize after a largely bloodless revolution. In the United States, some have expresed worry about similar situations arising during the second administration of Donald Trump. He has vowed, after all, to shake some of democracy's pillars . He's mused that he would be justified if he decided to pursue “the termination of all rules, regulations, and articles, even those found in the Constitution.” That’s in contrast to the oath of office he took in 2017, and will again next year, to “preserve, protect and defend the Constitution” as best he can. Nearly half of voters in the Nov. 5 election, which Trump won, said they were “very concerned” that another Trump presidency would bring the U.S. closer to authoritarianism, according to AP Votecast survey data. Asked before a live audience on Fox News Channel in 2023 to assure Americans that he would not abuse power or use the presidency to seek retribution against anyone, Trump replied, “except for day one," when he'll close the border and “drill, drill, drill.” After that, Trump said, "I'm not a dictator.” Kellman reported from London.The Media Store predict top trends and mindsets set to affect consumers next year

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