The Biden administration is set to unveil new export restrictions on China as soon as next week, the US Chamber of Commerce told members in a Thursday email. The new regulations could add up to 200 Chinese chip companies to a trade restriction list that bars most US suppliers from shipping goods to the targeted firms, the email from the powerful Washington-based lobbying group said, according to an excerpt seen by Reuters on Friday. The commerce department, which oversees US export policy, plans to publish the new regulations “prior to the Thanksgiving break”, next Thursday, according to the email. The Chamber of Commerce did not respond to a request for comment. The commerce department declined to comment. The update, if accurate, shows the Biden administration is plowing ahead with plans to further crack down on China’s access to semiconductors even as the start of Donald Trump’s second term in January approaches. Another set of rules curbing shipments of high-bandwidth memory chips to China is expected to be unveiled next month as part of a broader artificial intelligence package, the email continues. Biden has slapped a raft of export controls on China aimed at halting its technological advances, amid fears the technology could be used to bolster China’s military. Sources briefed on the matter said the first round of regulations are likely to include restrictions on chipmaking tool shipments to China. Reuters reported in July that the US planned to unveil a new package of export controls on China, including adding about 120 Chinese entities to its restricted trade list.( ) is up about 10% in 2024, but is off the recent high. Investors who missed the rally this year are wondering if FTS stock is still and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on income and total returns. Fortis stock price Fortis trades near $60 per share at the time of writing. The stock has been in a range of $51 to $63 over the past year. Most of the gains occurred in the past six months. This is largely due to interest rate cuts put in place by the Bank of Canada and the U.S. Federal Reserve. Fortis spends billions of dollars every year on its growth projects, and the company uses debt to fund part of the capital program. The jump in interest rates through 2022 and 2023 caused some concern for investors who worried that the higher debt expenses would cut into cash that could be paid out to shareholders. Higher borrowing costs can also potentially limit the number of new growth projects that get approved. The drop in interest rates in Canada and the United States in recent months has reduced interest charges for variable-rate loans. Bond yields have also dropped from their 2023 highs. Lower debt expenses help boost profits and free up more cash for dividend payments or debt reduction. Growth Fortis operates utilities in Canada, the United States, and the Caribbean. The businesses include natural gas distribution utilities, power-generation facilities, and electricity transmission networks. Revenue from these businesses is largely rate-regulated, meaning Fortis enjoys predictable and reliable cash flow. This enables management to plan growth over several years. Fortis is currently working on a $26 billion capital program that will raise the rate base from $38.8 billion in 2024 to $53 billion in 2029. As the new assets are completed and go into service, the extra cash flow should support ongoing dividend growth. Fortis also has a long track record of making strategic acquisitions. The company hasn’t done a deal for several years. However, the drop in interest rates could spur a wave of consolidation in the utility sector. Risks Bond yields are moving higher again, even after the Bank of Canada’s latest rate cut and the anticipated next cut by the U.S. Federal Reserve. The concern in the market is that inflation has increased in the past couple of months and could continue to climb in 2025. If that occurs and the central banks are forced to halt rate cuts or even raise rates again, the utility sector would likely pull back again. Dividends Fortis recently raised the dividend by 4.2%. This is the 51st consecutive year the board has increased the distribution. Fortis plans to boost the dividend by 4% to 6% annually through at least 2029, supported by the capital program. The company has other projects under consideration that could get approved to boost the outlook for growth and dividend increases. Investors who buy Fortis stock at the current price can get a dividend yield of 4%. Is Fortis a buy today? Additional downside is possible in the near term, depending on how the central banks act in the coming months. That being said, buy-and-hold dividend investors should be comfortable owning FTS stock at the current level and can look to boost the position on weakness.
CorVel Announces Three-For-One Forward Stock Split and Authorized Share Increase
In this betting preview: Tournament introduction Expert picks and predictions DraftKings odds to win Tournament format and preview Course overview Is Tiger Woods losing his touch? The gifted GOAT of modern golf had the unique ability to wave his wand (or wedge) and make magic happen. Lately, the 15-time major champion is struggling to just make life's weekend cut. A couple months ago when the field was announced for the Hero World Challenge, I wondered why some of the world's best have chosen to skip the December date. I realize the OWGR adjusts every year and that creates some changes, but the actual field continues to trend weaker. The average world ranking of the field in 2022 was 15. The average rose to 18 in 2023 and crossed over 20 in 2024. Forget the framework deal — where's Xander, Rory, and Hideki? In reality, this event may just not matter, but I notice these things. In 2009, the first-place prize was $1.35 million. The current winner's check gets cut for $1 million. With all of this talk about money in golf, is Tiger losing some of his "pull?" Bryson could have made 10x that on his hole in one challenge if he chose to sell it. Fast forward to January. Are you ready to watch the TGL? The organizers of that league didn't even roll out T Dubs until week two! I'm far from believing Tiger has lost much of his audience, but his connection to the current crop of young stars... well that may need some "framework" of its own. This preview is just that: a preview. For a complete list of my betting predictions covering the Hero World Challenge winners, finishing positions, and H2H matchups, please go to Read The Line and subscribe. Hero World Challenge expert picks and predictions Best bet to win: Sam Burns (+1400 on FanDuel) If you’re looking to beat Scottie Scheffler, look no further than his best friend on TOUR, Sam Burns. The best from the bayou state is the field leader in BoB%. In a small event with even shorter odds, finding value is a challenge. In these situations, picking a player with the highest ceiling (within reason) makes the most sense. Burns is long OTT (ranked eighth), and has the short game acumen needed to score on the five par 5s and two short par 4s. The field leader for scoring on medium length par 3s (175-200), long par 4s (450-500), and Bermudagrass putting has what it takes to produce a perfect storm win in the mid-Atlantic. Best bet to place in the top five: Patrick Cantlay (+175 on FanDuel) Patrick Cantlay is motivated to win. The never candid Cantlay has expressed his frustration finding the winner’s circle in recent campaigns. Prolific at the Presidents Cup, Patrick will take that moment’s momentum into Albany. Tiger’s new boardroom buddy returns to the Hero after a couple year hiatus. I believe Woods’ business relationship with Cantlay keeps him focused and fueled this week. I’ll take the “Iceman” (with five places) to get hot in the Bahamas. Best head-to-head bet: Nick Dunlap over Brian Harman (+100 on bet365) One year ago, Nick Dunlap was preparing to attend the SEC Championship game in support of Alabama. Now a two-time PGA TOUR winner, he’s playing in the Hero World Challenge and hosted by Tiger Woods! When I heard Brian Harman at the RSM Classic, I was concerned. Sitting in the media center, he let us know he was not focused on golf this fall offseason. Scoring takes sharp irons, and Harman was not dialed in on approach at his home Sea Island. I’ll take Dunlap’s scoring ability and bookend his banner year with another H2H win. Hero World Challenge 2024 live odds to win Odds courtesy of DraftKings . Golfer Odds Scottie Scheffler +200 Ludvig Aberg +1100 Sungjae Im +1200 Sam Burns +1200 Patrick Cantlay +1200 Justin Thomas +1200 Russell Henley +1200 Wyndham Clark +2000 Robert MacIntyre +2200 Tom Kim +2200 Jason Day +2200 Brian Harman +2500 Sahith Theegala +2500 Aaron Rai +2800 Keegan Bradley +2800 Cameron Young +2800 Akshay Bhatia +3000 Sepp Straka +3500 Nick Dunlap +4000 Matthieu Pavon +8000 Hero World Challenge: Betting preview Eight years sounds like a decent amount of history for one venue, but when you consider the field is 20 players (or less) each year, the archives don't amount to much. Let's just start with the fact our betting favorite is Scheffler at +220. We'll need to get creative when it comes to betting Scottie this week. When we start to mention what works around Albany, Scheffler does it all and then some. He won seven times in 2024 and led (like) 50+ statistical categories on the PGA TOUR. Not kidding, he was ranked first in all of them. Ten more years of the same prolific production and he'll be close to what our tournament host has accomplished. Digging through the course design and analytic minutia, I did find a couple of interesting edges the previous winners have used to capture the tiger trophy. Nine of the top 10 players on last year's leaderboard were also in the top 10 for strokes gained around the green. I realize it is a very limited field, but that was the largest correlation of top finishers to any of the four main strokes gained categories. Grainy lies around these greens are one of the most difficult challenges of this course design. Players who can preserve par, or scramble on the par 5s from close range to score will separate from the field. There aren't many weeks where 20 under wins AND you need to pay attention to short game. This key will be the winning difference on your betting card. Viktor Hovland won in 2021 and 2022. At the time, he was one of the best long iron players in the game. Remember what I mentioned earlier, 64% of approach shots will be played from over 175 yards. Successfully deciding who will win in this tight field will require understanding exactly what it takes to excel at Albany. A few long par 4s, par 3s, and those par 5s will require excellent long range accuracy. A great wedge game won't hurt, but that won't differentiate you. The lowest ranked player in the field is Sepp Straka (#39). All 20 of these players are elite TOUR level wedge players. Much like Scottie, Viktor, and Tiger for that matter, a great long iron game makes a big difference. Bermudagrass putting is another necessary skill. Making birdies is great, but the real key around Albany is avoiding the dreaded 3-putt. These greens aren't huge, but they have some crazy shelves and tiers. Putting between those areas can leave no option but a six or eight footer in return. Approach accuracy leads to fewer putts, but history succinctly shows us that Albany is one of those places where lowering your total number of putts puts you in contention. I also might add based upon my own experiences at Albany that these island Bermuda greens are some of the grainiest they see all year on TOUR. A little extra length off the tee is helpful. Players who have great ball speed also tend to perform. With five par 5s, hitting those green complexes in two is a huge advantage. The closer you are off the tee, the better. Looking at the past champions, we are talking about some of the longest (and best) drivers on the PGA TOUR at the time; Bubba Watson, Jon Rahm, Hideki Matsuyama, Henrik Stenbson, Scheffler, and Hovland. Length also becomes an advantage on approach. Hitting a seven iron into a 200 yard par 3 is easier than launching a five. I'm going to focus on the basics this week. With so many scoring chances, I like guys who can present these skills and score. My final specific skill is BoB%. Based upon the current wind forecast you'll need to get past 20 under par. Even though all of these players are inside the top 40 in the OWGR, some are just simply better at making birdies. Catch one of those guys on a hot week and we just might have a chance to supplant Scheffler. For full coverage of the Hero World Challenge, subscribe to our Read The Line newsletter (it’s free!) and follow us on Twitter ! Hero World Challenge: Course overview The Hero World Challenge moved to the Albany Resort (New Providence, Bahamas) in 2015. Designed by Ernie Els (2010), this sandy setting can create some striking images. In those eight editions (we skipped 2020), there have been three course rookies that have won. Eight rookies are in the field and each of them has exceeded expectations in 2024. Combined with 12 returning players including defending champion Scottie Scheffler, we have an interesting cast of competitors. The par 72 scorecard is unique. There are five par 3s and five par 5s for the field to face. Three of each on the front nine. Eight par 4s complete the layout stretching 7,449 yards. Our weather looks favorable. The forecast calls for temperatures in the high 70s and not much wind. It should blow around 10-12 mph with gusts getting into the high teens. Wind is the only real defense of the property. With five par 5s these guys can go low. The average winning score over the past eight trips to Albany is 19 under par. Oddly enough, Albany has never led to a playoff. All eight winners took home the trophy after 72-holes. The field consists of 20 players competing for a $5 million dollar purse. Albany lists 52 bunkers on the GCSAA report, but that can be terribly misleading. The property is almost all sandy dunes. Go outside the green landing areas and you will be in trouble. Even Scottie Scheffler had six bogeys last year. The unpredictability of those dunes creates some incredible viewer drama and player disdain. We will see it a bunch this week for those who miss the 45 acres of fairway. The greens are pretty small at 4,500 sq/ft and seem to play even smaller. Between the wind and run-off edges, players will be chipping frequently. The remaining surfaces other than the sand and water are all Bermudagrass. Fourteen holes have a birdie rate over 15% and only three with a bogey rate over that same value. Watch the par 3s and the four par 4s over 470 and attack the rest. Scottie finished at 20 under and made six bogeys. Much like the other fall events, this is another go low or go home week. One thing to note, on approach 64% of your iron shots will come from over 175 yards. Your last five winners are Scottie, Viktor (2), Stenson, and Rahm. Those four can launch it from long range accurately. Just in case the dunes weren't enough of a deterrent, there are five holes with water in play. This is a fun course to watch the best in the world compete. A good portion of these guys haven't played since the Presidents Cup. Will Scottie, Patrick, and Wyndham be ready against a few who have played on the DP World Tour or the FedEx Fall? It didn't seem to shake Scheffler last year and I believe the same for this edition. These guys live a stop and go existence. If a player's ability matches Albany, I'm in. It would be nice to have seen them recently, but this is what the TOUR has currently created. Read The Line is the leading golf betting insights service led by 5-time award winning PGA Professional Keith Stewart. Read The Line has 37 outright wins and covers the LPGA and PGA TOUR, raising your golf betting acumen week after week. Subscribe to Read The Line’s weekly newsletter and follow us on social media: TikTok , Instagram , Twitter . If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Learn more >
Report: NFL warns players of burglary rings targeting pro athletesRescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, in Marguerite, Pa., Tuesday, Dec. 3, 2024. (AP Photo/Gene J. Puskar) Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, in Marguerite, Pa., Tuesday, Dec. 3, 2024. (AP Photo/Gene J. Puskar) Rescue workers search in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, in Marguerite, Pa., Tuesday, Dec. 3, 2024. (AP Photo/Gene J. Puskar) Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, in Marguerite, Pa., Tuesday, Dec. 3, 2024. (AP Photo/Gene J. Puskar) Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, in Marguerite, Pa., Tuesday, Dec. 3, 2024. (AP Photo/Gene J. Puskar) By MICHAEL RUBINKAM and MATTHEW BROWN Swaths of Pennsylvania and many other states are honeycombed with old, unstable mines that can cause the earth to suddenly give way — a phenomenon known as “ mine subsidence ” that poses a threat to people and property. That’s what searchers in Westmoreland County, just southeast of Pittsburgh, fear led to the disappearance of 64-year-old Elizabeth Pollard . Pollard and a young granddaughter were looking for a lost cat when she went missing Monday evening. At about the same time, a sinkhole appeared roughly 20 feet (6 meters) from where she had parked her car, in an area above an old coal mine. The granddaughter was found safe inside the car hours later, while the difficult and potentially dangerous search for Pollard continues. Mine subsidence has caused billions of dollars in damage in areas of the U.S. where mining once took place. In Pennsylvania alone, coal was mined in nearly half of the state’s 67 counties and there are at least 5,000 abandoned underground mines, leaving behind hazards that officials say can arise at any time. The Marguerite Mine that authorities believe resulted in the sinkhole was last operated in 1952 by the H.C. Frick Coke Co., according to the state Department of Environmental Protection. The coal seam in the area is about 20 feet (6 meters) beneath the surface. The state Bureau of Abandoned Mine Reclamation will examine the scene when the search concludes to see if the sinkhole was indeed caused by mine subsidence, spokesperson Neil Shader said. There are as many as 500,000 abandoned mines in the U.S. — far outnumbering those that are still active, according to the federal Mine Safety and Health Administration. Related Articles National News | Two students wounded and gunman dead after shooting at Northern California elementary school National News | Dog food recalled in 7 states for salmonella risk after puppy litter gets sick, FDA says National News | White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign National News | A shooter kills UnitedHealthcare’s CEO in an ambush in New York, police say National News | Powell: Fed’s independence from politics is vital to its interest rate decisions In many cases their owners simply walked away from coal or precious metals mines when they became uneconomical to operate and declared bankruptcy, leaving behind safety hazards and costly pollution cleanups that public agencies must handle. Old mines pose myriad dangers , with 381 people killed and 152 injured at abandoned mine sites nationwide between 2000 and 2013, according to the U.S. Bureau of Land Management. Victims can fall into hidden shafts, get lost in underground tunnels or perish from poisonous gases present in many old coal mines. Mine shafts can extend hundreds of feet beneath the surface and often are unmarked. State and federal agencies have sealed off many old mines. But more are discovered every year and officials have yet to conduct basic risk analyses on most of the abandoned mines on federal land. Besides the safety hazards, millions of gallons of water loaded with arsenic, lead and other toxic metals flows daily from contaminated mine sites without being treated. Rubinkam reported form northeastern Pennsylvania and Brown reported from Billings, Montana. 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NoneSuspected Chinese spy with business ties to Prince Andrew barred from UKThe Toronto Blue Jays are finalizing a trade to acquire second baseman Andrés Giménez and pitcher Nick Sandlin from the Cleveland Guardians, ESPN's Jeff Passan reported. The Guardians will receive infielder Spencer Horwitz from the Blue Jays as part of the deal, per The Athletic's Ken Rosenthal . Giménez, who turned 26 in September, has won three consecutive Gold Glove Awards with the Guardians. He has five seasons and a club option remaining on the seven-year, $106.5 million contract he signed with Cleveland in 2023. This article will be updated soon to provide more information and analysis. For more from Bleacher Report on this topic and from around the sports world, check out our B/R app , homepage and social feeds—including Twitter , Instagram , Facebook and TikTok .
From Pride employee resource groups to a recurring wave of rainbow logos each June, LGBTQ+-friendly workplaces can feel more like the rule than the exception in 2024. Yet, while corporate leaders pat themselves on the back, many queer employees across Canada are still quietly navigating challenging workplace dynamics tied to their sexual orientations and gender identities. For these employees, true equity and inclusivity goes beyond gender-neutral bathrooms and company-sponsored Pride events. It means addressing deeper, often overlooked issues that remain largely invisible to those outside the LGBTQ+ community. It’s an issue that Nate Shalev, an inclusivity speaker and adviser based in Brooklyn, N.Y., feels strongly about. They posted about some of those barriers in a LinkedIn post, where they are ranked as one of the U.S. and Canada’s Top LGBTQIA+ Voices. “When I was told I would have to travel for work, my immediate reaction would be panic,” they wrote. “I was concerned about booking travel with my legal name and risking my team calling me by a name I no longer use, getting through TSA as a trans person with my dignity intact ... [and] navigating queer and transphobia at hotels or in taxis, or anywhere, in front of my co-workers.” Through their consultancy, Revel Impact, Shalev draws on past experiences with “really bad bosses” to help build more inclusive workplaces, educating companies on the barriers their LGBTQ+ team members may be facing – on top of simply getting their jobs done. Barriers like: “Is the conference you asked me to go to safe? What about that client meeting? The whole team is going for a happy hour, but this bar isn’t LGBTQ-friendly. Should I leave? Would that make me look like I wasn’t a part of the team?” Shalev says these sorts of concerns are routinely dismissed or there’s no clear channel through which to handle them since they don’t rise to a legal level of discrimination, despite having negative affects. While most organizations in North America have anti-discrimination policies in place, Ottawa-based talent and brand specialist Lindsay Moorcroft says that doesn’t necessarily mean those policies are sufficient. “Unless you’re building your programs and policies with the [affected] people in the room, there’s always the possibility for something to be forgotten,” Moorcroft says, reflecting on a previous job at a small startup where she was the only out queer employee. “Pronouns weren’t being asked in meetings. They weren’t shared in e-mail signatures. There was no option to even talk about that. So then it’s like, do I want to be the person who brings it up?” she says. For Kaitlin Geiger-Bardswich, a communications and advocacy director in Ottawa, the risk of speaking up paid off. Although she works for a national non-profit she calls “progressive” and “feminist,” bereavement leave didn’t include pregnancy loss until she advocated for it after experiencing a miscarriage herself. “Even if it’s not a miscarriage, when a fertility treatment doesn’t work, when an embryo transfer doesn’t work, there is that grief,” she says. Fertility issues aren’t specific to the LGBTQ+ community, but “gay couples, by definition, typically need to access fertility treatment of some kind,” as Geiger-Bardswich says. “So it’s more likely that if you have gay employees who are interested in parenting, they’re going to have to navigate this.” According to Fertility Matters Canada , more than half of Canadian employers don’t provide fertility benefits, including drugs and treatment costs. And only seven provinces provide public funding to cover partial costs of fertility treatment. In Geiger-Bardswich’s case, she and her wife relied on limited OHIP coverage when trying to conceive, while paying thousands of dollars out-of-pocket for medication and donor sperm. She says she was grateful to have flexibility in her work hours, which made it easier to attend doctor’s appointments throughout the in-vitro fertilization process without fear of repercussions. Flexible work arrangements, including remote work, can also benefit transgender employees who are transitioning or who are repeatedly misgendered at the office, says Shalev. Geiger-Bardswich notes that as anti-trans and anti-LGBTQ+ rhetoric increases around the world, it adds another layer of concern for queer Canadians. She points to Italy’s push to remove non-biological parents from birth certificates as an example. “I hope that’s not going to happen in Canada,” she says. “But with how things are happening around the world, there is nervousness around the legal benefits and legal situations for parents like us.” So, what can workplaces do to achieve real, meaningful inclusivity? Shalev says it’s about taking a pro-active, rather than reactive, approach. This could look like ensuring there’s space for preferred names on all applications, forms and other communications. Before international trips, a systematic pretravel questionnaire might allow queer employees to request extra security, a travel companion, a NEXUS membership or a car service to make the experience safer and smoother, Shalev says. “It doesn’t have to feel complicated. Actively create spaces for these conversations to happen. Ask folks what they need,” says Shalev, noting that this has been more difficult in recent years with LGBTQ+ issues growing increasingly politicized. “Because queer issues have been politicized so much, there’s this sense that it’s a taboo topic. That’s a big shift I’ve seen, versus it just being inclusion work and wanting to support colleagues. Trans folks aren’t politics. We’re people.” One organization that appears to be embracing a pro-active approach is Moorcroft’s current employer, ecobee, a home automation company headquartered in Toronto. The company’s diversity, equity and inclusion (DEI) offerings include an LGBTQ+ allyship group, a private social channel for LGBTQ+ employees and a policy-focused working group. Most importantly, Moorcroft says, a variety of voices are in these rooms alongside her, including those of senior leadership. “DEI means nothing if the top of the company is not supporting it, and it’s not in their [budget],” she says. Every organization has different needs and resources, which is why Shalev says, “It’s not one-size-fits-all.” Pride at Work Canada and Great Place to Work provide toolkits for organizations looking to improve inclusion, with strategies ranging from collecting data on employee demographics to administering queer mentorship programs. While certain measures may seem niche, “LGBTQ+ inclusion benefits us all,” Shalev says. “When I do workshops, of course I know there are other queer folks in the room. But then there are the parents of trans kids, or somebody with a partner who’s trans. Our workplaces are microcosms of our larger society, and if we create better workplaces, we can also create better communities and [and better] worlds.” Interested in more perspectives about women in the workplace? Find all stories on The Globe Women’s Collective hub here , and subscribe to the new Women and Work newsletter here . Have feedback? E-mail us at [email protected] .Rookie Bucky Irving relishes opportunity to help Buccaneers any way he can against skidding Raiders
