Philadelphia's Joel Embiid scored 31 points and pulled down 12 rebounds in his return after missing seven games to spark the 76ers on Sunday in a 108-100 NBA victory at Chicago. Embiid had been sidelined by a left knee injury and personal reasons since a November 20 loss to Memphis, the Sixers going 4-3 in his absence. The 30-year-old Cameroonian-born big man, who wore a left knee brace, also added four assists and two blocked shots in 33 minutes in only his fifth game of the season. "He caught fire there," 76ers coach Nick Nurse said of Embiid. "Certainly he gave us a lot of confidence." Philadelphia guard Tyrese Maxey contributed his first career NBA triple-double with 25 points and career highs of 14 assists and 11 rebounds. "It was good," Maxey said. "The offense flowed really well. Pick and roll was really good. I was able to get everybody involved, get Joel going and get myself going too." "He turned on the jets and got to the rim at some pretty opportune times," Nurse said of Maxey. Embiid was a welcome court presence for the 76ers. "He creates so much space for us on the floor, gets the attention," said Maxey. "I didn't see one pick and roll double team for the first time in a long time." Zach LaVine led the Bulls with 30 points. At New York, Milwaukee's Giannis Antetokounmpo scored 34 points and grabbed 11 rebounds to lead the Bucks over the Brooklyn Nets 118-113. Damian Lillard added 15 points and 11 assists while reserve Bobby Portis contributed 23 points and Gary Trent Jr. scored 20 off the Milwaukee bench. Germany's Dennis Schroder led the Nets with 34 points. js/mlmMILWAUKEE 69, ST. THOMAS 65
Trump says Jill Biden ‘couldn’t have been nicer’ during Paris chat despite campaign jabs
Brisbane news live: Qld CFMEU administrator’s plea to new LNP governmentOne night last month, near the end of the Chicago International Film Festival, a particularly long line of moviegoers snaked down Southport Avenue by the Music Box Theatre. The hot ticket? This fall’s hottest ticket, in fact, all over the international festival circuit? Well, it’s a 215-minute drama about a fictional Hungarian Jewish architect who emigrates to America in 1947 after surviving the Holocaust. The film’s title, “The Brutalist,” references several things, firstly a post-World War II design imperative made of stern concrete, steel, and a collision of poetry and functionality. Director and co-writer Brady Corbet, who wrote “The Brutalist” with his filmmaker wife, Mona Fastvold, explores brutalism in other forms as well, including love, envy, capitalist economics and how the promise of America eludes someone like the visionary architect László Tóth, played by Adrien Brody. Corbet, now 36 and a good bet for Oscar nominations this coming January, says his unfashionable sprawl of a picture, being distributed by A24, is also about the “strange relationship between artist and patron, and art and commerce.” It co-stars Felicity Jones as the visionary architect’s wife, Erzsébet, trapped in Eastern Europe after the war with their niece for an agonizingly long time. Guy Pearce portrays the imperious Philadelphia blueblood who hires Tóth, a near-invisible figure in his adopted country, to design a monumental public building known as the Institute in rural Pennsylvania. The project becomes an obsession, then a breaking point and then something else. Corbet’s project, which took the better part of a decade to come together after falling apart more than once, felt like that, too. Spanning five decades and filmed in Hungary and Italy, “The Brutalist” looks like a well-spent $50 million project. In actuality, it was made for a mere $10 million, with Corbet and cinematographer Lol Crawley shooting on film, largely in the VistaVision process. The filmmaker said at the Chicago festival screening: “Who woulda thunk that for screening after screening over the last couple of months, people stood in line around the block to get into a three-and-a-half-hour movie about a mid-century designer?” He lives in Brooklyn, New York, with Fastvold and their daughter. Our conversation has been edited for clarity and length. A: Yeah, that’s right. In relation to my earlier features, “The Childhood of a Leader” had a $3 million budget. The budget for “Vox Lux” was right around $10 million, same as “The Brutalist,” although the actual production budget for “Vox Lux” was about $4.5 million. Which is to say: All the money on top of that was going to all the wrong places. For a lot of reasons, when my wife and I finished the screenplay for “The Brutalist,” we ruled out scouting locations in Philadelphia or anywhere in the northeastern United States. We needed to (film) somewhere with a lot less red tape. My wife’s previous film, “The World to Come,” she made in Romania; we shot “Childhood of a Leader” in Hungary. For “The Brutalist” we initially landed on Poland, but this was early on in COVID and Poland shut its borders the week our crew was arriving for pre-production. When we finally got things up and running again with a different iteration of the cast (the original ensemble was to star Joel Edgerton, Marion Cotillard and Mark Rylance), after nine months, the movie fell apart again because Russia’s invasion of Ukraine. We couldn’t get any of the banks to cash-flow the tax credit (for location shooting in Poland). It’s completely stable now, but at that time the banks were nervous about whether the war would be contained to Ukraine or not. And then we finally got it up and running in Budapest, Hungary. A: Every filmmaker I know suffers from some form of post-traumatic stress (laughs). It sounds funny but it’s true. At every level. On the level of independent cinema, you’re just so damn poor. You’re not making any money, and yet from nose to tail, at minimum, a movie always takes a couple of years. With bigger projects, you might have a little more personal security but a lot less creative security with so many more cooks in the kitchen. Either route you choose, it can be an arduous and painful one. Whether you’re making a movie for a million dollars, or $10 million, or $100 million, it’s still “millions of dollars.” And if you’re concerned about the lives and livelihoods of the people working with you, it’s especially stressful. People are constantly calling you: “Is it happening? Are we starting? Should I take this other job or not?” And you have 250 people who need that answer from you. Every iteration of the project, I always thought we were really about to start in a week, two weeks. It’s just very challenging interpersonally. It’s an imposition for everyone in your life. And then there’s the imposition of screening a movie that’s three-and-a-half-hours long for film festivals, where it’s difficult to find that kind of real estate on the schedule. So essentially, making a movie means constantly apologizing. A: I was making short films when I was 11, 12 years old. The first thing I ever made more properly, I guess, was a short film I made when I was 18, “Protect You + Me,” shot by (cinematographer) Darius Khondji. It was supposed to be part of a triptych of films, and I went to Paris for the two films that followed it. And then all the financing fell through. But that first one screened at the London film festival, and won a prize at Sundance, and I was making music videos and other stuff by then. A: Probably 25. We work a lot for other people, too. I think we’ve done six together for our own projects. Sometimes I’ll start something at night and my wife will finish in the morning. Sometimes we work very closely together, talking and typing together. It’s always different. Right now I’m writing a lot on the road, and my wife is editing her film, which is a musical we wrote, “Ann Lee,” about the founder of the Shakers. I’m working on my next movie now, which spans a lot of time, like “The Brutalist,” with a lot of locations. And I need to make sure we can do it for not a lot of money, because it’s just not possible to have a lot of money and total autonomy. For me making a movie is like cooking. If everyone starts coming in and throwing a dash of this or that in the pot, it won’t work out. A continuity of vision is what I look for when I read a novel. Same with watching a film. A lot of stuff out there today, appropriately referred to as “content,” has more in common with a pair of Nikes than it does with narrative cinema. A: Well, even with our terrific producing team, I mean, everyone was up for a three-hour movie but we were sort of pushing it with three-and-a-half (laughs). I figured, worst-case scenario, it opens on a streamer. Not what I had in mind, but people watch stuff that’s eight, 12 hours long all the time. They get a cold, they watch four seasons of “Succession.” (A24 is releasing the film in theaters, gradually.) It was important for all of us to try to capture an entire century’s worth of thinking about design with “The Brutalist.” For me, making something means expressing a feeling I have about our history. I’ve described my films as poetic films about politics, that go to places politics alone cannot reach. It’s one thing to say something like “history repeats itself.” It’s another thing to make people that, and feel it. I really want viewers to engage with the past, and the trauma of that history can be uncomfortable, or dusty, or dry. But if you can make it something vital, and tangible, the way great professors can do for their students, that’s my definition of success.
NoneLAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.” Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Michael Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racingWOBURN, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Replimune Group, Inc. (NASDAQ: REPL), a clinical stage biotechnology company pioneering the development of novel oncolytic immunotherapies, today announced that it has submitted a biologics license application (BLA) to the FDA for RP1 (vusolimogene oderparepvec) in combination with nivolumab for the treatment of adult patients with advanced melanoma who have previously received an anti-PD1 containing regimen. The submission was made under the Accelerated Approval pathway. The Company also announced that the FDA has granted Breakthrough Therapy designation to RP1 in combination with nivolumab in the same setting. Breakthrough Therapy designation is intended to expedite the development and review of therapies for serious diseases when preliminary clinical evidence indicates that the therapy may provide substantial improvement over existing available therapies on one or more clinically significant endpoints. This Breakthrough Therapy designation is based on the safety and clinical activity observed in the anti-PD1 failed melanoma cohort of the IGNYTE clinical trial. “Today is an important milestone for Replimune and for the melanoma community as we are one step closer to having another potential treatment available for patients who have limited options after progressing on anti-PD1 containing regimens,” said Sushil Patel, Ph.D., CEO of Replimune. The confirmatory Phase 3 IGNYTE-3 trial of RP1 in combination with nivolumab in advanced melanoma patients who have progressed on anti-PD1 and anti-CTLA-4 therapy, or who are not candidates for anti-CTLA-4 treatment is currently enrolling patients. For more information, visit https://replimune.com/clinical-trials/ignyte-3/ . About RP1 RP1 (vusolimogene oderparepvec) is Replimune’s lead product candidate and is based on a proprietary strain of herpes simplex virus engineered and genetically armed with a fusogenic protein (GALV-GP R-) and GM-CSF, intended to maximize tumor killing potency, the immunogenicity of tumor cell death, and the activation of a systemic anti-tumor immune response. About Replimune Replimune Group, Inc., headquartered in Woburn, MA, was founded in 2015 with the mission to transform cancer treatment by pioneering the development of novel oncolytic immunotherapies. Replimune’s proprietary RPx platform is based on a potent HSV-1 backbone intended to maximize immunogenic cell death and the induction of a systemic anti-tumor immune response. The RPx platform is designed to have unique dual local and systemic activity consisting of direct selective virus-mediated killing of the tumor resulting in the release of tumor derived antigens and altering of the tumor microenvironment to ignite a strong and durable systemic response. The RPx product candidates are expected to be synergistic with most established and experimental cancer treatment modalities, leading to the versatility to be developed alone or combined with a variety of other treatment options. For more information, please visit www.replimune.com . Forward Looking Statements This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our belief regarding the effect that the breakthrough designation will have on the timing and development of RP1 and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms. Forward-looking statements are not promises or guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in such forward-looking statements. These factors include risks related to our limited operating history, our ability to generate positive clinical trial results for our product candidates, the costs and timing of operating our in-house manufacturing facility, the timing and scope of regulatory approvals, the availability of combination therapies needed to conduct our clinical trials, changes in laws and regulations to which we are subject, competitive pressures, our ability to identify additional product candidates, political and global macro factors including the impact of the coronavirus as a global pandemic and related public health issues and the Russian-Ukrainian and Israel-Hamas political and military conflicts, and other risks as may be detailed from time to time in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and other reports we file with the Securities and Exchange Commission. Our actual results could differ materially from the results described in or implied by such forward-looking statements. Forward-looking statements speak only as of the date hereof, and, except as required by law, we undertake no obligation to update or revise these forward-looking statements. Investor Inquiries Chris Brinzey ICR Healthcare 339.970.2843 chris.brinzey@westwicke.com Media Inquiries Arleen Goldenberg Replimune 917.548.1582 media@replimune.com
Column: Brady Corbet’s epic movie ‘The Brutalist’ came close to crashing down more than onceFRISCO, Texas (AP) — The Dallas Cowboys are shutting down CeeDee Lamb with two games remaining after their 2023 All-Pro receiver spent the second half of the season dealing with a sprained right shoulder. The team said Thursday that additional exams revealed enough damage to keep Lamb off the field Sunday at Philadelphia and in the final game at home against Washington. The team said surgery was not expected to be required. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Sky Labs Inc., BrainU Co., Ltd., and ANDOPEN Co., Ltd. will be recognized as Innovation Award Winners SEOUL, South Korea , Dec. 26, 2024 /PRNewswire/ -- Following its successful participation last year, Seongnam City will participate in CES 2025, the world's largest consumer electronics and information technology exhibition. The event will take place from January 7 to 10, 2025 , in Las Vegas , USA . Seongnam City will operate the "Seongnam Pavilion," which will support 25 local startups from the Seongnam region and highlight their innovative technologies and products. CES 2025 will attract approximately 4,400 companies and over 130,000 attendees worldwide. At CES 2024, Seongnam City garnered significant attention from domestic and international investors and buyers by showcasing startups with outstanding technological capabilities. This effort established valuable global networks and expanded market opportunities, achieving a total contract value of KRW 145.5 billion . These tangible outcomes highlighted the high level of satisfaction among participating companies. This year, Seongnam City, a leading innovative hub in South Korea , aims to actively support local startups in expanding into overseas markets and building global networks through its participation in CES 2025. The Seongnam Pavilion will feature cutting-edge technologies and products across advanced industries such as artificial intelligence (AI), healthcare, smart cities, and mobility. Through these efforts, Seongnam City seeks to further solidify its position as a "Global Innovation City." Notably, three companies from Seongnam were honored with CES Innovation Awards, demonstrating their technological excellence and global competitiveness on the world stage: Seongnam City stated, "By participating in CES 2025, we aim to showcase Seongnam's innovative technologies to the global stage and provide a launchpad for our startups to expand into international markets." Meanwhile, the Seongnam Pavilion will feature 25 companies, including BRYTN Co., Ltd., NTL HEALTHCARE Co., Ltd., EMTAKE Inc., AWESOME LAB Co., Ltd., JNL Co. Ltd., Linkface Co., Ltd., Emma Healthcare Co.,Ltd., NC& Co.,Ltd, Becon Co.,Ltd, LITBIG, Inc., GeodeSound., Inc, MEDIAIPLUS, INC, BoS Semiconductors, Sky Labs Inc., STRATIO, INC., BrainU Co., Ltd., analogue plus Co.,Ltd., EX Healthcare Inc., Mangoslab, Littleone, Bluefeel Co., Ltd., Aram Huvis Co., Ltd., Real Design Tech Co.,Ltd., Crescom Co., Ltd., ANDOPEN Co., Ltd. These companies are set to unveil their groundbreaking technologies at the exhibition. View original content to download multimedia: https://www.prnewswire.com/news-releases/seongnam-city-to-participate-in-ces-2025-paving-the-way-as-a-global-innovation-hub-302339453.html SOURCE Seongnam CityEmmy Russell Is Pregnant! Loretta Lynn's Granddaughter and “American Idol” Finalist Is Expecting First Baby
SOC As A Service Market Size Reach USD 9.9 Billion By 2031, Growing CAGR Of 8.2%.Judge rejects request to sideline SJSU volleyball playerAmazon is rolling out great deals on two of its latest Kindle e-readers which makes it the perfect time if you’re looking for a thoughtful gift for the holiday season. The all-new Kindle Paperwhite Signature Edition and the Kindle Paperwhite are both available at record low prices , and showcase the best of what Amazon has to offer in e-reading technology. The Kindle Paperwhite Signature Edition is priced at $154, down from its list price of $199 (a 23% discount) . This model stands out as Amazon’s fastest Kindle yet with a generous 32 GB of storage so that you can to store thousands of books without worrying about running out of space. One of the most notable features of this edition is its auto-adjusting front light which optimizes brightness based on your environment. With weeks of battery life on a single charge, this Kindle is perfect for avid readers who enjoy long reading sessions without interruption. See Kindle Paperwhite Signature at Amazon On the other hand, the Kindle Paperwhite (16 GB) is available for $129, reduced from $159 . This model also boasts impressive features including a 7-inch glare-free display that makes reading outdoors a breeze. The 16 GB storage capacity is ample for most users and allows you to carry an extensive library in your hands. Like the Signature Edition, this Kindle offers weeks of battery life and is designed with comfort in mind. See Kindle Paperwhite at Amazon Both models are part of Amazon’s commitment to providing readers with high-quality devices that enhance their reading experience. Moreover, Amazon offers a best price guarantee during this promotional period: if the price drops further after your purchase, they will refund you the difference. This means there’s no reason to wait—buying now ensures you get the best deal possible. Additionally, Amazon has extended its return policy until January 31, 2025, which is particularly advantageous for holiday shopping. This extended timeframe allows gift recipients ample opportunity to test their new e-readers and return them if necessary, providing peace of mind during the busy holiday season. Best in Class E-Readers While both models share some core features—such as exceptional battery life and glare-free displays—there are key differences that cater to different types of readers. The Signature Edition is ideal for those who want the best technology available and enjoy features like wireless charging and an adaptive front light that adjusts automatically. Conversely, the standard Kindle Paperwhite is perfect for those who want a high-quality reading experience without all the bells and whistles. It provides excellent functionality at a more accessible price point which is appreciated by casual readers or those new to e-readers. Its lighter weight and compact design make it easy to carry around, making it suitable for both commuting and leisure reading. With these record low prices and Amazon’s generous return policy during Black Friday , now is undoubtedly the best time to elevate your reading experience or surprise someone special with a thoughtful gift this holiday season. See Kindle Paperwhite Signature at Amazon See Kindle Paperwhite at Amazon
LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.” Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Michael Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racingFormula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 seasonA new round of Israeli air strikes in Yemen have targeted the Houthi rebel-held capital and multiple ports while the World Health Organisation’s director-general said the bombardment occurred nearby as he prepared to board a flight. “The air traffic control tower, the departure lounge — just a few metres from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said on the social media platform X. He added that he and UN colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave,” he said. UN spokesperson Stephanie Tremblay later said the injured person was with the UN Humanitarian Air Service. Our mission to negotiate the release of @UN staff detainees and to assess the health and humanitarian situation in #Yemen concluded today. We continue to call for the detainees' immediate release. As we were about to board our flight from Sana’a, about two hours ago, the airport... pic.twitter.com/riZayWHkvf — Tedros Adhanom Ghebreyesus (@DrTedros) December 26, 2024 Israel’s army later told The Associated Press it was not aware that the WHO chief was at the location in Yemen. The Israeli strikes followed several days of Houthi launches setting off sirens in Israel. The Israeli military in a statement said it attacked infrastructure used by the Iran-backed Houthis at the international airport in Sanaa and ports in Hodeida, Al-Salif and Ras Qantib, along with power stations, asserting they were used to smuggle in Iranian weapons and for the entry of senior Iranian officials. Israel’s military added it had “capabilities to strike very far from Israel’s territory — precisely, powerfully, and repetitively”. The strikes, carried out over 1,000 miles from Jerusalem, came a day after Prime Minister Benjamin Netanyahu said “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned” as his military has battled those more powerful proxies of Iran. The Houthi-controlled satellite channel al-Masirah reported multiple deaths and showed broken windows, collapsed ceilings and a bloodstained floor and vehicle. Iran’s foreign ministry condemned the strikes. The US military has also targeted the Houthis in recent days. The UN has said the targeted ports are important entry points for humanitarian aid for Yemen, the poorest Arab nation that plunged into a civil war in 2014. Over the weekend, 16 people were wounded when a Houthi missile hit a playground in the Israeli city of Tel Aviv, while other missiles and drones have been shot down. Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor in what it says is an act of solidarity with Palestinians in Gaza. The UN Security Council has an emergency meeting on Monday in response to an Israeli request that it condemn the Houthi attacks and Iran for supplying them with weapons. We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate. Last Updated: Are you sure you want to delete this comment?
. Many Aussies may wish they had more cash flow to pay for bills or other expenditures, so I'm going to talk about two high-yield options that provide resilient and growing payments to shareholders. When we pay a bill, that money goes to a company that's providing the utility, whether that's energy, telecommunications or something else. We can own a piece of those businesses and benefit ourselves from the profit they're making. Those utility companies can provide defensive earnings to investors and provide resilient payments because households and businesses put an important value on the bills they're paying. Telstra Group Ltd ( ) Telstra is the largest utility company in Australia as the biggest , providing mobile and home broadband connections. Most households and businesses seem to view their internet connection as a very important service. I think this ASX dividend share has very defensive mobile earnings. The profit in that segment continues to grow thanks to a rising number of users and increasing prices for customers. Pleasingly, Telstra has grown its annual dividend payment in each financial year of FY22, FY23 an increase of approximately 6%. The 2024 financial year payment translates into a grossed-up dividend yield of 6.4%, including . If someone invested $15,000 into Telstra shares, that would unlock close to $960 of annual income, which may pay a significant portion of the annual phone bill. UBS projects the Telstra annual dividend per share to grow by 5.5% in FY25. Between FY24 and FY29, it could grow by 50% to 27 cents per share. APA Group ( ) APA owns a portfolio of energy assets, but it's best known for the huge national gas pipeline network it owns, which transports half of the country's gas usage. Gas continues to be an integral part of Australia's energy mix, providing baseload power. Labor has already that it sees gas playing an important role in Australia's energy for decades to come, which I think is promising for the ASX dividend share. The Minister for Resources, Madeleine King, said: The analytical findings are clear. Under all credible net zero scenarios, natural gas is needed through to 2050 and beyond, though its production and use will change over this period. Gas will be essential to the transition because our energy system needs gas to achieve net zero. Gas will be a transition fuel that firms renewable power generation and is required for manufacturing and minerals processing until such time as alternatives are viable. Gas can support our future made in Australia. However, the greenhouse gas emissions associated with gas must sharply decline and where gas use cannot be reduced, emissions must be increasingly abated and offset. APA plays an important part in getting gas from sources of supply to where it's in demand. Pleasingly, the ASX dividend share has grown its distribution every year for 20 years in a row, so it has provided very resilient income for a long time. However, that's not guaranteed to continue forever. But, the business is expecting to grow its annual distribution per security by 1.8% to 57 cents. That would translate into a distribution yield of 7.8%. With a $15,000 investment, that could translate into distribution income for FY25 of $1,170.
Arizona State, Iowa State front-runners in what could be wild Big 12 finishNo. 9 Kentucky, focused on getting better, welcomes Jackson St.
Ruth Langsford spends Boxing Day in hospital with her elderly mother following horror fall as she celebrates first Christmas since Eamonn Holmes split( MENAFN - GetNews) Michael Esposito, a prominent figure on Staten Island, is quickly gaining recognition for his leadership in both the business world and local community initiatives. With a reputation built on integrity, innovation, and a deep commitment to his neighborhood, Esposito is not only shaping the future of Staten Island's economy but also making lasting contributions to the social fabric of the borough. As a successful entrepreneur, Michael Esposito has become a key player in Staten Island's growing business landscape. His innovative approach to business, paired with his ability to identify market trends, has helped several local businesses thrive. Esposito is known for his hands-on leadership style, which has earned him the respect of both peers and employees alike. Through his work, Esposito has been instrumental in driving growth and creating job opportunities on Staten Island, a borough known for its tight-knit communities and strong work ethic. His efforts have been recognized by local business organizations, and he continues to advocate for economic development programs that aim to support small businesses and entrepreneurs in the area. In addition to his business ventures, Michael Esposito is a committed advocate for Staten Island's community. He is actively involved in local charities and has partnered with various organizations to support youth programs, education initiatives, and local healthcare services. Esposito believes that the success of a community lies in the strength of its people, and he has worked tirelessly to give back to the residents who helped shape his own path. His philanthropic efforts are focused on making Staten Island a more inclusive, thriving place for families, young professionals, and businesses. Whether through mentoring programs or fundraising for local causes, Esposito's dedication to improving the quality of life on Staten Island is unwavering. As Michael Esposito continues to make waves in both the business world and the community, many are looking forward to what he will accomplish next. With plans for further expansion of his business ventures and increased involvement in local political advocacy, Esposito is poised to become one of Staten Island's most influential figures in the years to come. MENAFN26122024003238003268ID1109033551 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
US equities are stuck in a holding pattern as trading volumes dry up following the holiday break, and Europe is largely absent from the action. Liquidity remains razor-thin, and market moves appear more about year-end housekeeping than aggressive positioning. With the calendar year winding down and little in the way of tier-one , the market is content mainly to drift until something shakes it from its slumber—likely a late-year squeeze or perhaps a Trump-driven shift in global economic sentiment. In the meantime, key rates tied to the US overnight funding market are creeping higher, despite the Federal Reserve’s best efforts to tame volatility. The Secured Overnight Financing Rate (SOFR), a key benchmark for one-day lending in the repo market, surged to 4.40% on December 24, up from 4.31%, according to the New York Fed. This move brings SOFR into alignment with the interest on reserve balances rate (IORB) of 4.40%, signalling that year-end balance sheet constraints are starting to weigh on overnight funding costs. But here’s the kicker—this isn’t just your typical holiday bump. Funding costs are climbing due to this year’s ever-expanding US equity and derivative positions on banks' balance sheets. With these positions sitting at record highs, banks are struggling to fund them into year-end, putting added strain on the repo market. In a recent interview, New York President John Williams cautioned that repo market volatility could mirror what was seen in late September, when funding costs surged, making it significantly more expensive for financial institutions to borrow cash for short-term liquidity needs. As this funding noise fills the backdrop, investors are left to parse the mixed signals coming from the US labor market. Initial jobless claims dipped below 220,000 for the first time in a month, a potential sign of resilience in the labor market. However, the continuing claims—tracking those receiving ongoing unemployment benefits—rose by 46,000 to 1.91 million for the week ending December 14, significantly above expectations and the highest since November 2021, when the labour market was still working through the pandemic-induced downturn. The rise in continuing claims and the uptick in long-term unemployment (those searching for jobs for 15 weeks or more) suggests that while the labour market is holding up, it’s far from as bulletproof as some headline numbers might imply. The long-term jobless rate is still hovering above 40%, the highest level outside of a recession, underscoring the ongoing structural issues in the US labour market. This mixed bag of data sets the stage for a volatile data-driven push and pull on the Fed’s policy stance well into Q1 2025 as the market assesses whether the economy is truly on solid footing or just treading water. With year-end positioning ramping up and the pressure on the repo market intensifying, this is a pivotal stretch for markets. Investors will watch closely as the jobs data continues to inform the Fed’s next moves. At the same time, the broader market contemplates whether the tightening liquidity environment will lead to another liquidity crunch—much like the one seen in September—or whether the market can ride the coattails of a potential year-end rally. Sometimes, it’s better to cut and run than face the dread of year-end funding, especially as the market waits for the next trigger—a Trump tariff tweet or a late-year squeeze.
Indian financial assistance for needy 200 Jaffna and Eastern undergrads annually