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Tech billionaire Elon Musk and conservative activist Vivek Ramaswamy on Thursday began in-person discussions with congressional Republicans about ways they could slash federal spending and regulations once President-elect Donald Trump takes office. Trump has tasked Musk and Ramaswamy with issuing recommendations to overhaul the federal budget and bureaucracy — a goal that many Republicans say they agree with, but also one that presidents and Congresses under both parties, as well as divided governments, have repeatedly failed to deliver on. Musk and Ramaswamy traveled to Capitol Hill for a series of meetings with House and Senate members. It was their first such trip since their appointment by Trump as outside advisers , heading up a commission called the Department of Government Efficiency. DOGE is also the name of an internet meme and a cryptocurrency . “This is a brainstorming session,” House Speaker Mike Johnson, R-La., told reporters between meetings. He said the talks are “laying the groundwork” for what lawmakers will do next year. They have their work cut out for them. Trump oversaw an increase in deficits during his first term, even before the Covid-19 pandemic. In his 2024 campaign, he promised to preserve two of the most expensive parts of the budget — Social Security and Medicare — beyond “ cutting waste and fraud .” He also called for trillions of dollars in additional tax breaks on tips and overtime, in addition to extending his 2017 tax cuts, which would all add to the debt. And most congressional Republicans are determined to continue increasing military spending, another large slice of the pie.Musk, one of the world’s wealthiest people, has potential leverage over congressional Republicans because of his willingness to spend some of his vast fortune on politics, and his recent proximity to Trump. As recently as Sunday, the Tesla and SpaceX CEO has repeatedly warned Republicans to get in line behind Trump’s priorities or else face a primary challenge in 2026. Great @DOGE meeting with @elonmusk , @VivekGRamaswamy , @SpeakerJohnson , and X-Æ-12 pic.twitter.com/WRXQoz7MGY Officially, though, the roles for Musk and Ramaswamy are only advisory. They won’t be in the government and instead will be sending recommendations to the Trump White House, with a deadline of July 4, 2026.Musk’s newfound political influence follows his campaigning for Trump over the summer and fall. His super PAC, America PAC, spent more than $152 million to boost Trump and other Republicans, with much of the money coming from Musk and his friends, according to disclosure reports filed with the Federal Election Commission. Musk also held events for Trump in swing state Pennsylvania and turned X, which he owns, into a megaphone for pro-Trump views . Ramaswamy, a former biotech executive, ran in the Republican primary for president and lost to Trump before later endorsing him. Musk has repeatedly faced questions about potential conflicts of interest in advising on the federal budget. SpaceX is a major federal contractor, including with the Defense Department and NASA. And, according to Ramaswamy, one of their potential targets is a $6.6 billion loan to electric vehicle maker Rivian Automotive, a competitor to Tesla. Musk has not said how or if he plans to resolve those conflicts. One lawmaker, Sen. Thom Tillis, R-N.C., said Thursday it was too early to anticipate the priorities for cuts but that loosening regulation by administrative action and through Congress would be a good place to start. “There are tens of billions of dollars in regulatory relief that are on the table now,” Tillis said. The U.S. budget was $6.1 trillion in fiscal year 2023, according to the Peterson Foundation. Still, Tillis called the Thursday conversation an “organizational meeting” — akin to “an engagement meeting I’d have with a client.” Speaking to reporters in between meetings, Musk reiterated his support for ending tax credits to encourage electric vehicle sales, aligning with Republicans who are eying cuts to clean energy funding . “I think we should get rid of all credits,” he said in response to a reporter’s question about tax credits for electric vehicles. (Musk has previously said that EV credits help Tesla’s competitors .) Musk said little else as he walked through the Capitol’s corridors with one of his children. The billionaire was followed so closely by Capitol Hill reporters, he said, “It’s like there’s ambient press.” Once DOGE is established, Musk and Ramaswamy will have a small office of 10 to 12 staffers under the executive office of the president who will work closely with the Office of Management and Budget, a source involved in the effort told NBC News. They will also have individuals within each federal department and agency who operate as DOGE liaisons, the source said. Musk and Ramaswamy are seeking individuals with business backgrounds with an interest in “gutting bureaucracy” to fill those roles. “A lot of these folks will be lawyers or have previous experience at that agency,” the source said. Musk has shown a willingness to consider cuts to some of the federal government’s most popular programs including Social Security. On Monday, he shared a post on X from Sen. Mike Lee, R-Utah, advocating an overhaul of Social Security into something like individual retirement accounts. “Interesting thread,” Musk wrote. Thursday morning, Musk met with incoming Senate Majority Leader John Thune, R-S.D., while Ramaswamy met separately behind closed doors with a group of 15 Senate Republicans for a little over an hour. In the afternoon, they met with a larger group of House and Senate members. Leaving the meeting with Ramaswamy, senators told NBC News that it was a positive conversation and consisted of an “exchanging of ideas,” as Sen. Eric Schmitt, R-Mo., and Sen. Shelley Moore Capito, R-W.Va., put it. But they would not divulge specific policies discussed inside. A source familiar with the private meeting in the afternoon told NBC News that the gathering turned into an “open mic session” featuring “an airing of grievances from House members who want Elon and Vivek to solve all their problems.” Some Democrats have expressed interest in working with Musk and Ramaswamy to reduce spending and regulations. Rep. Ro Khanna, D-Calif., posted on X on Thursday that Congress should model its efforts on a World War II-era committee led by then-Sen. Harry Truman . “Let’s look to the Truman Committee and ensure Americans get their money’s worth with DOD spending,” he wrote. While GOP efforts to reduce the size of the federal government and end wasteful spending are not new, senators did not offer much in terms of how this effort would be different or possibly more successful. “You’re way too ahead,” Tillis said when asked about budget deficits. Leaving the meeting, Ramaswamy also declined to answer reporters’ questions. In the 2024 election, Republicans won a 53-vote Senate majority and a paper-thin House majority of 220-215 . Those slim margins could give Democrats some influence over the outcome, and some of them mock the new Musk-led effort as a punchline. “DOGE is not real. Just because someone says there is now a department of so and so does not mean the actual department now exists,” said Rep. Brendan Boyle, D-Pa., the ranking member of the Budget Committee. “Republicans are total hypocrites when it comes to deficit and debt. ... Trump added more to the national debt than any president in American history,” Boyle continued. “So I have seen this movie before. I have absolutely no doubt that if Trump is able to ram through a second round of his tax cuts, then it will explode the national debt.” Veterans of past failed debt-reform efforts, including the Obama-era bipartisan “super committee” of 2011, doubt the DOGE will be more successful unless it’s willing to take on sacred cows. “If past is prologue, the DOGE faces an uphill climb. It’s not yet clear what authority or reach the DOGE has, but managing the federal budget cannot be done through talking points,” said Zach Mallove, a lobbyist who worked as a policy aide to Sen. Patty Murray, D-Wash., when she co-chaired the super committee. Mallove said lawmakers will have to accept some “political pain” for it to be meaningful. “In the end, the math just doesn’t add up: with a $1.7 trillion annual discretionary budget, you cannot cut $2 trillion without tapping into the country’s social safety net.” This article first appeared on NBCNews.com . Read more from NBC News here:lucky calico review



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VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov 25, 2024-- Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) has granted an aggregate amount of 143,317 restricted share units (the “RSUs”) to its non-executive directors on November 25, 2024, pursuant to the terms of the Company’s equity incentive compensation plan. The RSUs will vest on December 14, 2024. Each vested RSU entitles the holder thereof to receive one common share of the Company. The Company also granted an aggregate amount of 171,606 RSUs to certain members of the Company’s executive management team, pursuant to the terms of the Company’s equity incentive compensation plan. The RSUs will vest over three years, and each vested RSU entitles the holder to receive one common share of the Company. Additionally, 400,412 performance share units (“PSUs”) were granted to certain members of the Company’s executive management team, based on certain performance targets to be met. Subject to the satisfaction of such performance targets, the PSUs will vest on the one-year anniversary of the date of the grant. Each vested PSU entitles the holder to receive one common share of the Company (or can be paid out in cash at the discretion of the Company’s board of directors). Thunderbird Entertainment Inc. (“TEI”), a wholly-owned subsidiary of the Company, has also entered into an Addendum to the Executive Employment Agreement dated July 1, 2021 between TEI and Jennifer Twiner McCarron, the CEO of the Company (the “Addendum”). Under the terms of the Addendum, effective from July 1, 2024, Ms. Twiner McCarron has agreed to forego a guaranteed bonus and has agreed to a bonus structure that ensures eligibility for annual short term incentive payments is driven entirely by performance based on the achievement of AEBITDA targets and strategic objectives established by the Company’s board of directors. For information on Thunderbird and to subscribe to the Company’s investor list for news updates, go to www.thunderbird.tv . ABOUT THUNDERBIRD ENTERTAINMENT GROUP Thunderbird Entertainment Group is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with additional offices in Los Angeles and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world’s leading digital platforms, as well as Canadian and international broadcasters. The Company develops, produces, and distributes animated, factual, and scripted content through its various content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Productions under the Thunderbird umbrella include Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim’s Convenience, Boot Camp, and Sidelined: The QB and Me . Thunderbird Distribution and Thunderbird Brands manage global media and consumer products rights, respectively, for the Company and select third parties. Thunderbird is on Facebook, Twitter, and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv . Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding Forward-Looking Information Thunderbird’s public communications may include written, or oral “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. Forward-looking statements or information may be identified by words such as “anticipate”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “plan”, “project”, “should”, “believe”, “intend”, or similar expressions concerning matters that are not historical facts. Forward-looking statements in this document include, but are not limited to, statements with respect to the vesting schedule of the RSUs, the PSUs, and the achievement of certain performance objectives relating to Ms. Twiner McCarron’s performance bonus entitlements. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; product capability and acceptance; and other factors set out in the “Risk and Uncertainty” section of the Company’s MD&A dated June 30, 2024. The foregoing is not an exhaustive list. Additional risks and uncertainties not presently known to Thunderbird or that management believes to be less significant may also adversely affect the Company. The forward-looking statements or information contained in this document represent the Company’s views as of the date hereof, and therefore such information should not be relied upon as representing the Company’s views as of any date subsequent to the date of this document. The Company’s actual results, performance or achievement could differ materially from those ‎expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be ‎given that any of the events anticipated by the forward-looking statements will transpire or occur, or if ‎any of them do so, what benefits the Company will derive therefrom. Readers are therefore cautioned ‎that the foregoing lists of important factors are not exhaustive, and they should not unduly rely on the ‎forward-looking statements included in this news release. All forward-looking statements contained in this news release are expressly ‎qualified by this cautionary statement. Thunderbird has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125609691/en/ CONTACT: Investor Relations Contacts: Glen Akselrod, Bristol Capital Phone: + 1 905 326 1888 ext 1 Email:glen@bristolir.comMedia Relations Contact: Lana Castleman, Director, Marketing & Communications Phone: 416-219-3769 Email:lcastleman@thunderbird.tvCorporate Communications: Julia Smith, Finch Media Email:Julia@finchmedia.net KEYWORD: UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: FILM & MOTION PICTURES ONLINE GENERAL ENTERTAINMENT ENTERTAINMENT TV AND RADIO SOURCE: Thunderbird Entertainment Group Inc. Copyright Business Wire 2024. PUB: 11/25/2024 05:00 PM/DISC: 11/25/2024 05:02 PM http://www.businesswire.com/news/home/20241125609691/enKANSAS CITY, Mo. — There seemed to be little joy in another last-second win for the Kansas City Chiefs on Sunday. Patrick Mahomes looked stoic after fill-in kicker Spencer Shrader's field goal beat Carolina 30-27. Travis Kelce, Chris Jones and the rest of the Chiefs merely joined him in walking from the sideline to midfield for handshakes, then headed back to the locker room, a scene completely different from the jubilation they exhibited at the end of so many other nail-biters. Might be that they're getting sick of the stress at the end of games; Kansas City has won 12 straight games decided by seven points or fewer, the longest streak in NFL history, and has won five games decided on the final play this season. Then again, it might be that the Chiefs felt as if they should have beaten the Panthers by a much wider margin. They committed 10 penalties for 91 yards. Their secondary struggled against Carolina quarterback Bryce Young, a one-time bust who has started to play better of late. And their offensive tackles were routinely beaten with Mahomes sacked five times. "You always want to have some blowouts. You want to be a little calmer in the fourth quarter," said Mahomes, who had one of his best games despite the protection problems, throwing for 269 yards and three touchdowns without an interception. "It can be a good thing as you get to the playoffs and later in the season," Mahomes added, "just knowing you've been in those moments before, and knowing how to kind of attack it play by play — not making it too big of a moment. I will say this more than anybody, I would love to win a game not by the very last play." The Chiefs (10-1) nevertheless remained a game ahead of Buffalo in the race for the No. 1 seed in the AFC heading into Friday's game against the Raiders. But there is no margin for error with the Bills now holding the tiebreaker over them. "It's all about getting better. That's the best thing about playing in the NFL," Mahomes said. "We've got to just go back, learn from (Carolina), and know we have a short week against a hungry football team in the Raiders that's coming to our house." What's working The Chiefs' tight ends have taken advantage of deep shell coverages played by opposing defenses by getting open underneath, especially Noah Gray, who had his second straight two-touchdown day against the Panthers. He finished with four catches for a team-best 66 yards, while Kelce was right behind with six catches for 62 yards. What needs help The Chiefs have had problems at tackle all season. Wanya Morris struggled again on the left side and veteran Jawaan Taylor was not much better on the right, and they're a big reason why Mahomes has been sacked 15 times over the past four games. Stock up Just a few weeks ago, Shrader was on the Jets practice squad, hoping for a chance to kick in another regular-season game. Now, with Harrison Butker on injured reserve, he is making the most of that chance in Kansas City. The undrafted rookie is 3 for 3 on field goals, including that 31-yard game-winner against Carolina, and perfect on six extra-point attempts. Stock down Just about everyone in the Kansas City secondary struggled against Carolina, whether it was cornerbacks Nazeeh Johnson and Chamarri Conner or safeties Bryan Cook and Justin Reid. Young shredded them for 263 yards passing and a touchdown. Injuries The Chiefs could have running back Isiah Pacheco and pass rusher Charles Omenihu back this week. Both have been practicing the past couple of weeks and were close to playing against Carolina. Pacheco is returning from an ankle injury sustained in Week 2 while Omenihu has not played since tearing his ACL in the playoffs last season. Key number 5 — Kansas City improved to 5-0 against the NFC this season, making it 26-6 against the AFC's rival conference since Mahomes became the franchise's regular starter for the 2018 season. Next steps The Chiefs have won seven of their past eight against Las Vegas heading into Friday's game, though they no doubt remember the Raiders' previous trip to Arrowhead Stadium. Las Vegas pulled the upset on Christmas Day last season.

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"Pet sitter," "chauffeur," "bakery assistant" and other service jobs are drawing a surge of interest in Singapore, according to the 2024 Rising Jobs list by job matching and hiring platform Indeed. While workers in the country eye service and support roles, employers are focused on finding talent in high-demand fields such as artificial intelligence, according to Indeed's study which analyzed job postings and click trends on the platform between November 2023 and November 2024. > Philadelphia news 24/7: Watch NBC10 free wherever you are "This trend clearly paints a picture of a job market with contrasting priorities — employers chasing innovation while job seekers gravitate toward roles that feel accessible and practical," according to the report. The study shares where hiring demand is growing and the roles that have been trending among job seekers in Singapore. These are the job postings that had the highest growth between November 2023 and November 2024, according to Indeed: "The demand for sales and marketing managers is rising as businesses work to stand out in an increasingly crowded digital marketplace," Saumitra Chand, career expert at Indeed, told CNBC Make It . "As sectors like technology, lifestyle, and e-commerce continue to grow, marketing professionals play a crucial role in driving revenue and shaping brand identity," he said, and professionals skilled in video production, SEO and campaign management are in demand. Additionally, employers and organizations in Singapore are also ramping up their search for those skilled in "transformative technologies" such as machine learning, and civil engineering, which is "driven by Singapore's ongoing emphasis on innovation and infrastructure development," said Chand. That comes on the back of Singapore's then Deputy Prime Minister Lawrence Wong's February announcement that the city-state will allocate more than 1 billion Singapore dollars (about $743 million) toward furthering the country's AI development and capabilities. Despite that, workers in Singapore are leaning heavily into service and support roles, as evidenced by Indeed's data, which shows the job postings with the highest increase in clicks from job seekers: "For many, roles like pet sitting or chauffeuring offer something that high-stakes jobs often struggle to provide: simplicity, flexibility, and a sense of control. These positions allow individuals to step away from the relentless pressure of long hours and rapid deadlines," said Chand. Singapore's high cost of living could be another factor pushing some job seekers to find "immediate" and "accessible" roles that allow them to meet their financial needs without extensive training, he added. These roles also align with a growing desire for flexibility after the pandemic, he said. Want to earn more money at work? Take CNBC's new online course How to Negotiate a Higher Salary . Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Sign up today and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Elon Musk says the first Starlink satellite direct-to-cell phone constellation is now complete

Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and other companies said they’re making even fatter profits than expected. The Standard & Poor’s 500 closed 0.5% higher after flipping between gains and losses several times during Thursday trading. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, and bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones industrial average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in after-hours trading Wednesday after the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another flawless profit report from Nvidia and Chief Executive Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes up and down. How Nvidia’s stock performs has greater effect than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger-than-expected revenue growth. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart, which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding that Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 points to 43,870.35, and the Nasdaq composite edged up 6.28 points to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since election day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, chair of the Securities and Exchange Commission, said Thursday he would step down in January. Gensler has pushed for more protections for crypto investors. Bitcoin and related investments have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% on Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury edged up to 4.43% from 4.41% late Wednesday after some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. Choe writes for the Associated Press. AP writers Matt Ott and Yuri Kageyama contributed to this report.

TORONTO (AP) — The Utah Hockey Club said players were forced to walk to their game against the Maple Leafs after their bus got stuck in Toronto traffic Sunday night. The team posted a video on social media of team members walking to Scotiabank Arena, with player Maveric Lamoureux saying the bus was “not moving at all.” Several city streets had been closed during the day for the annual Santa Claus parade. The Maple Leafs earned their fourth consecutive win by defeating Utah 3-2. The viral incident prompted Ontario Premier Doug Ford to call the congestion “embarrassing” and “unacceptable,” highlighting his government’s plan to address the city’s gridlock through bike lane legislation. It wasn’t the first time a Toronto visitor had to ditch their vehicle to make it to an event on time. In June, former One Direction band member Niall Horan had to walk through traffic to get to his concert at Scotiabank Arena. AP NHL: https://apnews.com/hub/nhlLOS ANGELES--(BUSINESS WIRE)--Nov 25, 2024-- Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it plans to change its Nasdaq ticker symbol from “FFIE” to “FFAI” in early 2025. This change aligns with the Company’s continued focus on its AI strategy that includes its new FX brand strategy. Surveys conducted over the past year also consistently showed a preference for changing the ticker symbol from "FFIE" to "FFAI." The Company plans to announce the date and detailed plans for the official stock ticker symbol change and “FF AI Open Day” in January 2025. “Since its establishment, AI has been an FF cornerstone,” said Matthias Aydt, Global CEO of Faraday Future. “The stock ticker ‘FFAI’ better reflects the Company’s strategic direction. With FF’s AI technology empowering the FX strategy and the gradual implementation of this strategy, we aim to create AIEVs with extreme price-experience ratio, addressing gaps in the U.S. AIEV market, including AI cabins. Our goal is to drive the comprehensive AI transformation of the U.S. EV industry.” FF’s All-AI Technology Architecture to push the boundaries of AIEV Since its founding, FF has recognized that intelligent electric vehicles are not merely tools for transportation but dynamic, evolving “mobile robots.” FF has always believed that its foundation is in AI technologies. AI is at the core of the FF aiHyper 6x4 Architecture 2.0. By leveraging specialized large AI models in the mobility sector, FF AI aims to achieve complete AI integration through cross-domain computing, algorithms, and data, along with end-to-end full-chain integration. This enables a fully integrated AI-driven technology structure, where the four major AI engines empower the four technology systems and six technology platforms. Magic All-In-One AI Engine is powered by a multi-modal large model driven by visual language models (VLMs), aiming at integrating road pre-scanning, cloud data, and vehicle sensors to deliver the ultimate driving experience. Hyper Multi-Vectoring AI engine could leverage large AI models to enable AI-driven control of steering, braking, and power delivery, aiming to unleash the vehicle's Hyper performance through AI technology. The 3rd aiSpace AI Engine leverages proprietary large-scale models specifically designed for mobility, delivering comprehensive intelligent services by seamlessly integrating end-to-end computation, algorithms, and cross-domain data. FF aiDriving AI Engine utilizes a large VLM to achieve deep integration of vision, language, speech, and historical data to make every journey safe, intelligent, and enjoyable. By integrating data from the mobility ecosystem and incorporating third-party general-purpose large models alongside proprietary large-scale models tailored for mobility, the FF AI platform aims to push the boundaries of AIEV technologies and pave the way for an open, collaborative, and mutually beneficial future mobility ecosystem. The FX strategy presents an excellent opportunity for the application and evolution of the Company’s AI strategy. FF’s AI capabilities are planned to empower the FX brand through iterative innovation, enabling AI to consistently redefine the mobility experience. Comprehensive AI Strategy Could Deliver Multi-Dimensional Value for Users, Partners and Industry FF’s AI strategy includes introducing new revenue streams, such as in-vehicle subscriptions and AI-driven value-added services. These innovations could also enhance user loyalty and recognition. For users, FF and FX products could act as “intelligent partners,” with product design centered on natural interaction methods, including voice and gesture controls. These features would deliver intuitive, seamless interactions that continuously improve through learning, offering personalized AI experiences. Through its “AI-First” approach and co-creation ecosystem, FF is driving the evolution of cars from traditional vehicles to intelligent mobile devices, setting new benchmarks for future smart vehicles. By fostering collaboration with global developers and AI experts, FF aims to propel industry-wide innovation, benefiting the sector and its partners. ABOUT FARADAY FUTURE Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility. FORWARD LOOKING STATEMENTS This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding changing the Company’s ticker symbol, hosting an AI open day event, and full integration of AI in the Company’s vehicles, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company may determine to not change its ticker symbol; the Company may determine to not host an AI open day event; the Company’s ability to fully integrate AI into its vehicles on a cost effective basis, if at all; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure additional agreements with OEMs that are necessary to execute on the FX strategy; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125391240/en/ Investors (English):ir@faradayfuture.comInvestors (Chinese):cn-ir@faradayfuture.comMedia:john.schilling@ff.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE VEHICLE TECHNOLOGY MOBILE/WIRELESS EV/ELECTRIC VEHICLES INTERNET DATA MANAGEMENT ALTERNATIVE VEHICLES/FUELS IOT (INTERNET OF THINGS) TECHNOLOGY AUTOMOTIVE ARTIFICIAL INTELLIGENCE AUTOMOTIVE MANUFACTURING MANUFACTURING SOURCE: Faraday Future Intelligent Electric Inc. Copyright Business Wire 2024. PUB: 11/25/2024 05:02 PM/DISC: 11/25/2024 05:01 PM http://www.businesswire.com/news/home/20241125391240/en

By JOSH BOAK WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the second-guessing as he delivered a speech at the Brookings Institution defending his economic record and challenging Trump to preserve Democratic policy ideas when he returns to the White House next month. Related Articles National Politics | Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan National Politics | Donald Trump is returning to the world stage. So is his trolling National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television As Biden focused on his legacy with his term ending, he suggested Trump should keep the Democrats’ momentum going and ignore the policies of his allies. The president laid out favorable recent economic data but acknowledged his rare public regret that he had not been more self-promotional in advertising the financial support provided by his administration as the country emerged from the pandemic. “I signed the American Rescue Plan, the most significant economic recovery package in our history, and also learned something from Donald Trump,” Biden said at the Washington-based think tank. “He signed checks for people for 7,400 bucks ... and I didn’t. Stupid.” The decision by the former reality TV star and real estate developer to add his name to the checks sent by the U.S. Treasury to millions of Americans struggling during the coronavirus marked the first time a president’s name appeared on any IRS payments. Biden and Vice President Kamala Harris , who replaced him as the Democratic nominee , largely failed to convince the American public of the strength of the economy. The addition of 16 million jobs, funding for infrastructure, new factories and investments in renewable energy were not enough to overcome public exhaustion over inflation, which spiked in 2022 and left many households coping with elevated grocery, gasoline and housing costs. More than 6 in 10 voters in November’s election described the economy as “poor” or “not so good,” according to AP VoteCast, an extensive survey of the electorate. Trump won nearly 7 in 10 of the voters who felt the economy was in bad shape, paving the way for a second term as president after his 2020 loss to Biden. Biden used his speech to argue that Trump was inheriting a strong economy that is the envy of the world. The inflation rate fell without a recession that many economists had viewed as inevitable, while the unemployment rate is a healthy 4.2% and applications to start new businesses are at record levels. Biden called the numbers under his watch “a new set of benchmarks to measure against the next four years.” “President-elect Trump is receiving the strongest economy in modern history,” said Biden, who warned that Trump’s planned tax cuts could lead to massive deficits or deep spending cuts. He also said that Trump’s promise of broad tariffs on foreign imports would be a mistake, part of a broader push Tuesday by the administration to warn against Trump’s threatened action. Treasury Secretary Janet Yellen also issued a word of caution about them at a summit of The Wall Street Journal’s CEO Council. “I think the imposition of broad based tariffs, at least of the type that have been discussed, almost all economists agree this would raise prices on American consumers,” she said. Biden was also critical of Trump allies who have pushed Project 2025 , a policy blueprint from the Heritage Foundation that calls for a complete overhaul of the federal government. Trump has disavowed participation in it, though parts were written by his allies and overlap with his stated views on economics, immigration, education policy and civil rights. “I pray to God the president-elect throws away Project 2025,” Biden said. “I think it would be an economic disaster.” Associated Press writer Fatima Hussein in Washington contributed to this report.

Wheel of Fortune contestants whiffing their bonus puzzles is nothing new, but on December 4’s episode, a player came up short on a $40,000 puzzle that left fans joking that she may never want to visit a Disney theme park again. The game show’s latest big miss involved Vandana Patel, an Indian fusion food expert from Chicago. She won the episode and proceeded to the coveted bonus round with $20,600, a trip to Florida, and the selection of “What Are You Wearing?” as her category. Joined by host Ryan Seacrest and the off-side support of her waving mom, daughter, and husband, she faced the two-word puzzle. Choosing a “DMH” and “A,” Vanna White added a mere “H” to the first word. “We want more!” Seacrest chanted. With that tough break, the 10-second timer began. The puzzle read as, “‘_ H _ T E’ ‘_ L _ _ E S.'” A stern Patel did her very best to concentrate on cracking it, successfully saying “White” was the first word. But she couldn’t figure out the second word, and the timer ran out. The full puzzle was unveiled, “WHITE GLOVES.” Seacrest revealed the gold envelope contained the $40,000 amount and put a consoling arm around Patel’s shoulder. “This was on your bucket list!” he told her. “It was,” she replied. The game show shared the big miss on Youtube, where fans reacted to the loss with the top comment being about how the contestant will likely never want to see Mickey Mouse, or Mario of the Nintendo games, again given their white gloves. “Now she never wants to see mickey or mario again,” the fan wrote scoring 20 likes. “Or the keeper of the Stanley Cup,” replied another. A third fan wrote, “I knew it said WHITE GLOVES and I even solved it before the timer was displayed.” A fourth penned, “Don’t worry, Vandana, I was stumped too. I got the first word, but not the second. That’s alright, you’re a winner regardless. $20K is nothing to sneeze at. Great job! A fifth said, “I knew gloves from the initial and her h got me white. Tough puzzle “Wow. At least it wasn’t the hundred thousand dollar wedge,” wrote one more. Meanwhile , Seacrest, of course, had huge shoes to fill replacing the legendary Pat Sajak after four decades for Season 42. His debut month was the strongest ratings month for WoF in the past three years, and viewers were already treated to a viral moment (via a round of sausage) . That said, there have been some questionable hosting moments. In September, Seacrest suffered what fans dubbed his “first blooper” , involving a prolonged reaction to rewarding a bonus round. Fans also called out the host for ruling against another player before the timer was up. Most controversially, last month, fans called out the host for not reminding a player to pick a letter , leading to him losing the game in a misunderstanding and by a mere $147. This past two weeks, a more puzzling issue has come to light, which is that there has been a mere one bonus puzzle win out of the last eight episodes , many fans blaming the players and not the host. Wheel of Fortune , Weeknights, Check your local listings More Headlines:

LANDOVER, Md. (AP) — Austin Seibert missed his second extra point of the game with 21 seconds left after Jayden Daniels and Terry McLaurin connected on an 86-yard touchdown, Juanyeh Thomas returned the ensuing onside kick attempt for a touchdown and the Dallas Cowboys pulled out a 34-26 victory Sunday that extended the Washington Commanders’ skid to three games. Seibert, who missed the previous two games with a right hip injury, was wide left on the point-after attempt following a low snap. Thomas then took the kick back 43 yards as the Cowboys (4-7) ended their losing streak at five in improbable fashion. Part of that was the play of backup Cooper Rush, who threw for 247 yards and two TDs in his third start in place of starter Dak Prescott. Part was also the defense forcing two turnovers, as Chauncey Golston ripped the ball out of Brian Robinson Jr.’s hands for what was called an interception of Daniels in the second quarter, and Donovan Wilson stripped John Bates midway through the fourth. KaVonte Turpin provided the fireworks with a spinning, 99-yard kickoff return TD seconds after Daniels found Zach Ertz in the end zone and scored on a 2-point conversion to cut the deficit to three with 3:02 left. In the final three minutes alone, the Commanders (7-5) scored 10 points and allowed Thomas’ TD. All that after the score was 10-9 through three quarters before madness ensued. CHIEFS 30, PANTHERS 27 CHARLOTTE, N.C. (AP) — Patrick Mahomes threw for 269 yards and three touchdowns , Spencer Shrader kicked a 31-yard field goal as time expired and Kansas City beat Carolina to reach double-digit wins for the 10th straight season. Noah Gray caught two TD passes as the Chiefs (10-1) bounced back from last week’s 30-21 loss at Buffalo and won at the buzzer yet again in a season of narrow escapes. DeAndre Hopkins also had a touchdown catch for the two-time defending Super Bowl champions, who scored on their first five possessions. Bryce Young finished 21 of 35 for 262 yards and a touchdown for the Panthers (3-8), who had their two-game winning streak snapped. David Moore had six receptions for 80 yards and a touchdown. Trailing 27-19, Young completed a fourth-down pass to Adam Thielen to move the chains, then went deep for the veteran receiver, who drew a pass-interference penalty on Chamarri Conner. That set up a 1-yard touchdown run by Chuba Hubbard. LIONS 24, COLTS 6 INDIANAPOLIS (AP) — Jahmyr Gibbs rushed for two scores and David Montgomery added a third touchdown run, leading Detroit to a victory over Indianapolis. Gibbs finished with 21 carries for 90 yards as the Lions (10-1) extended their league-high winning streak to nine straight. Detroit has its been 11-game record since the franchise’s inaugural season in 1934. Jared Goff continued his sensational season, too, completing 26 of 36 throws for 269 yards. The Colts (5-7) lost their second straight home game and for the fourth time in their past five games. Anthony Richardson was 11 of 28 with 172 yards while rushing 10 times for 61 yards. While Indy managed to hold the NFL’s highest-scoring offense largely in check Sunday, it was doomed by its inability to finish drives with touchdowns. BUCCANEERS 30, GIANTS 7 EAST RUTHERFORD, N.J. (AP) — Baker Mayfield catapulted into the end zone on a spectacular 10-yard scramble for one of Tampa Bay’s four rushing touchdowns, and the Buccaneers beat the Giants and new starting quarterback Tommy DeVito, snapping a four-game losing streak and extending New York’s skid to six. The Giants’ decisions this week to bench and then release quarterback Daniel Jones did nothing to help the NFL’s lowest-scoring offense. DeVito threw for 189 yards, mostly in the second half with New York well on its way to its sixth straight loss at home, where it is winless. Meanwhile, the Buccaneers dominated in every phase in a near-perfect perfect performance that featured TD runs of 1 yard by Sean Tucker, 6 yards by Bucky Irving and 1 yard by Rachaad White. After recent losses to the Ravens, 49ers and Chiefs, Tampa Bay (5-6) moved within one game of idle Atlanta in the NFC South. Tampa Bay scored on five of its on first six possessions to open a 30-0 lead, and none was more exciting than Mayfield’s TD run with 12 seconds left in the first half. On a second-and-goal from the 10, he avoided pressure and went for the end zone. He was hit by Cor’Dale Flott low and Dru Phillips high around the 2-yard line, and he was airborne when he crossed the goal line. The ball came loose when he hit the turf but he jumped up and flexed — seemingly mocking DeVito’s go-to celebration — as the Bucs took a 23-0 lead. DOLPHINS 34, PATRIOTS 15 MIAMI GARDENS, Fla. (AP) — Tua Tagovailoa threw for 317 yards and four touchdowns, including two scores to running back De’Von Achane, and Miami routed New England. The Dolphins (5-6) have a thin margin for error the rest of the season but have kept themselves afloat with a three-game winning streak. With their win at New England (3-9) in Week 5, the Dolphins have swept their division rivals in consecutive seasons for the first time since 1999-2000. Tagovailoa, who moved to 7-0 in his career against New England, entered the game with a league-high 73.4% completion rate and went 29 for 40. Backup Skylar Thompson replaced Tagovailoa with about 11 minutes left in what was already a blowout, but a bad handoff on his first play resulted in a fumble that was recovered by cornerback Christian Gonzalez and returned 63 yards for a touchdown. It cut New England’s deficit to 31-15, and Tagovailoa returned the next drive. TITANS 32, TEXANS 27 HOUSTON (AP) — Will Levis threw for 278 yards and his 70-yard touchdown pass to Chig Okonkwo put Tennessee on top in the fourth quarter and the Titans held on for a win over the Texans. Okonkwo grabbed a short pass and rumbled for the touchdown to put the Titans (3-8) up 30-27 with 91⁄2 minutes remaining. Safety Eric Murray missed a tackle that would have stopped him near midfield. The Texans (7-5) had a chance to tie it with less than two minutes remaining, but Ka’imi Fairbairn’s 28-yard field-goal attempt sailed wide left. He fell to the ground after the miss before getting up and slamming his helmet on the field. Titans coach Brian Callahan held both hands in the air and smiled after watching the miss that allowed his team to win on a day it had three turnovers. The Texans forced a three-and-out, but couldn’t move the ball after that and Harold Landry sacked C.J. Stroud in the end zone for a safety to make it 32-27 and allow Tennessee to snap a two-game skid. VIKINGS 30, BEARS 27, OT CHICAGO (AP) — Sam Darnold threw for 90 of his 330 yards in overtime to set up Parker Romo’s game-ending 29-yard field goal , and Minnesota outlasted Chicago after giving up 11 points in the final 22 seconds of regulation. Darnold threw two touchdown passes, Jordan Addison caught eight passes for a career-high 162 yards and a touchdown, and T.J. Hockenson had 114 yards receiving for the Vikings (9-2), who remained one game behind Detroit in the rugged NFC North. Caleb Williams threw for 340 yards and two touchdowns for the Bears (4-7), who lost their fifth straight. Minnesota appeared to have the game in hand, leading 27-16 with 1:56 left after Romo kicked a 26-yard field goal. But the Bears weren’t finished. Deandre Carter made up for a muffed punt that led to a touchdown in the third quarter with a 55-yard kickoff return to the 40. Williams took it from there, capping an eight-play drive with a 1-yard touchdown pass to Keenan Allen. A 2-point conversion pass to DJ Moore made it 27-24 with 22 seconds remaining. The Bears recovered the onside kick and Williams hit Moore over the middle for a 27-yard gain to the 30 before spiking the ball. Cairo Santos made a 48-yard field goal as time expired.A late-game rally derailed by a missed field goal and Cowboys stun Commanders 34-26

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