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Sowei 2025-01-12
Antitrust law in the United States is guided by two foundational principles: protecting consumer welfare and promoting competition. China has a much different approach. While American antitrust doctrine is rooted in a strong rule-of-law tradition, China's approach is driven by geopolitics. Under the pretense of fostering market competition, Beijing has increasingly weaponized antitrust policy to retaliate against U.S. trade actions . This trend has become particularly evident in response to U.S. semiconductor restrictions. Although China's ability to counter these measures is constrained by its dependence on U.S. chip-making technology, Beijing has turned to its antitrust regulators as a means of striking back. Less than a week after Washington ratcheted up its chip export controls, Beijing responded with a pointed escalation on Dec. 9: an antitrust probe into Nvidia, the United States' leading chipmaker and a linchpin in artificial intelligence hardware. The investigation threatens to impose steep fines and disrupt Nvidia's operations in China. By the end of the day that China announced the probe, Nvidia's shares had fallen 4 percent. Far from a routine regulatory action, this move underscores China's growing reliance on its competition authorities in the intensifying U.S.-China tech war. As the incoming Trump administration confronts this escalating rivalry, countering Beijing's weaponization of antitrust should be a priority. Less than a week after Washington ratcheted up its chip export controls, Beijing responded with a pointed escalation on Dec. 9: an antitrust probe into Nvidia, the United States' leading chipmaker and a linchpin in artificial intelligence hardware. The investigation threatens to impose steep fines and disrupt Nvidia's operations in China. By the end of the day that China announced the probe, Nvidia's shares had fallen 4 percent. Far from a routine regulatory action, this move underscores China's growing reliance on its competition... Ruby Scanlonminutos pagantes fortune rabbit

The Hindu FIC seminar to be organised at KMIT in Hyderabad on December 23As Trump looks to cut electric vehicle aid, Illinois is charging forward

Family of Lyle and Erik Menendez told a judge Monday they want the men freed from the life sentences they are serving for the shotgun murders of their parents, as their court case suffered a delay. The pair have been in prison since a blockbuster trial in the 1990s that became almost compulsory viewing for millions of Americans. Television audiences were riveted by the gruesome details of the slayings of Jose and Kitty Menendez at the family's luxury Beverly Hills mansion. The two men, who have spent more than three decades behind bars, had been due to appear by videolink at a hearing in Los Angeles, their first court appearance in 28 years as a campaign to set them free gathers pace. But technical difficulties scuppered the appearance and the hearing was pushed back to the end of January. Nevertheless, Judge Michael Jesic called the two men's elderly aunts to the stand to hear them plead for the brothers to be freed. "I would like to be able to hug them and see them," Jose Menendez's older sister Terry Baralt, 85, said. "I would like them to come home." Kitty's sister, Joan Vander Molen, echoed that. "No child should go through what Erik and Lyle went through," she said. "They never knew if tonight will be the night when they would be raped." Prosecutors painted the crime as a cold-hearted bid by the then-young men -- Lyle was 21 and Erik was 18 -- to get their hands on their parents' $14 million fortune. But their attorneys described the 1989 killings as an act of desperate self-defense by young men subjected to years of sexual abuse and psychological violence at the hands of an abusive father and a complicit mother. The case saw a huge surge of renewed interest this year with the release of the Netflix hit "Monsters: The Lyle and Erik Menendez Story." The hearing comes after a campaign to secure their release, supported by Kim Kardashian and other celebrities. "Set them free before the Holidays!" wrote Tammi Menendez, Erik's wife, on social media last week. Public interest was such that the court held a lottery for the 16 seats in the public gallery. Nick Bonanno, a former high school classmate of Erik's, was the first to arrive at the court, taking his place at the head of the line at 4:30 am (1230 GMT). "I wanted to show support to... Eric and Lyle," he told AFP ahead of the hearing. "It's all about supporting and healing, not just for the families, but for us as a culture." Elena Gordon, 43, said she wanted "to witness a part of our local history." The hearing was intended as a starting point for lawyers working on three routes to free Erik Menendez, 53, and Lyle Menendez, 56. Attorney Mark Geragos has filed a writ of habeas corpus, an attempt to effectively vacate the brothers' first-degree murder conviction, which could free the brothers immediately. Another route is an effort to get the men re-sentenced on the same conviction, which would open the way for them to request parole. Finally, Geragos has submitted a clemency request to California Governor Gavin Newsom. Journalist Robert Rand, who wrote a book about the case, and who is in regular touch with the brothers, said the family was optimistic. But, he said, no one was expecting any quick fixes. "They're hopeful," he said. "They don't know what's going to happen. "I believe this could take much longer than was originally anticipated. It could be six months, could be eight months, could be a year, but eventually they will get out." With excitement over the case near fever pitch, tourists are regularly making pilgrimages to the Beverly Hills home where the killings took place. Australian Christian Hannah, who was born almost two decades after the double murders, made sure the home was a stop on his tour of celebrity hotspots, because of his fascination with the Netflix show. "It's really awesome seeing it in person," he told AFP last week. "It's just because you see it on TV and you see it in person, just feels really cool." pr-hg/amz/jgc

Mumbai: Aaditya Thackeray's shows door to Siddique's son Zeeshan Siddique in Bandra East

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Blockmate Ventures Announces Closing of Strategic Investment and Incentive Grant

Umbra Space secures extended contract with National Reconnaissance OfficeESTERO, Fla. (AP) — Al Green scored 19 points and Sean Newman Jr. added seven in the overtime as Louisiana Tech knocked off Southern Illinois 85-79 in a first-round contest at the Gulf Coast Showcase on Monday night. Green had three steals for the Bulldogs (5-0). Kaden Cooper scored 18 points and added 12 rebounds and four steals. Amaree Abram went 8 of 13 from the field to finish with 18 points, while adding six steals. Kennard Davis led the way for the Salukis (2-4) with 16 points, 10 rebounds and three steals. Southern Illinois also got 15 points and eight rebounds from Jarrett Hensley. Ali Abdou Dibba also had 12 points and two steals. Cooper scored 12 points in the first half and Louisiana Tech went into the break trailing 31-27. Abram's 16-point second half helped Louisiana Tech close out the six-point victory. NEXT UP These two teams both play Tuesday in the six-team, round-robin tournament. Louisiana Tech squares off against Richmond and Southern Illinois faces Eastern Kentucky. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2024 results. Fiscal Fourth Quarter 2024 Financial Highlights: (all results compared to the fourth quarter 2023 unless otherwise noted) (all results compared to the fiscal year "I am pleased to report a solid fourth quarter and full year 2024 result, particularly in light of the continuation of this extended period of industrial contraction. While managing the business for the present, we also made significant strides under our Build to Last strategy towards the future, and our executive team and I look forward to sharing more information at our Investor Day next week. Our investors can expect an interactive and engaging half day session, and we highly encourage your in-person attendance as we look forward to 2025 and beyond.” Build to Last Mission Progress Recently completed our fourteenth wave NPS (6) survey, receiving feedback from nearly five thousand customers globally for a net score of 69, recognized as a world-class score within the manufacturing industry. At our upcoming Investor Day, we plan to further discuss the powerful correlation between NPS, an indicator of our Legendary Customer Service, and financial performance. We thank our customers for their continued feedback, which is critical in helping us achieve our vision to be the best performing customer service company in the world, and we are proud to continue to earn positive feedback from our customers throughout a difficult global operating environment. Segment Results (all results compared to the fourth quarter of 2023 unless otherwise noted) Net sales are impacted mainly by the volume of primary products (7) sold, selling prices, product mix and the impact of changes in foreign currencies against the U.S. dollar. The table below shows the percentage impact of each of these items on net sales for our primary products for the fourth quarter of 2024 as compared to the prior year quarter for the business segments with manufacturing operations. Net sales from completed acquisitions of Reliance Products Ltd. ("Reliance”) and Ipackchem Group SAS ("Ipackchem") primary products are not included in the table below, but will be included in their respective segments starting in the fiscal first quarter of 2025 for Reliance and fiscal third quarter of 2025 for Ipackchem. Packaging Net sales increased by $65.9 million to $786.9 million primarily due to contributions from recent acquisitions and higher volumes. Gross profit increased by $12.6 million to $167.0 million due to the same factors that impacted net sales, partially offset by higher raw material, labor and manufacturing costs. Operating profit decreased by $0.1 million to $75.0 million primarily due to higher SG&A expenses from recent acquisitions, offset by the same factors that impacted gross profit. Adjusted EBITDA increased by $4.0 million to $109.4 million primarily due to the same factors that impacted gross profit, partially offset by higher SG&A expenses from recent acquisitions. Paper Packaging & Services Net sales increased by $42.9 million to $624.5 million primarily due to higher average selling prices as a result of higher published containerboard and boxboard prices. Gross profit decreased by $0.1 million to $118.7 million primarily due to higher raw material and labor costs, offset by the same factors that impacted net sales. Operating profit increased by $13.4 million to $48.7 million primarily due to lower non-cash impairment charges and restructuring charges related to optimizing and rationalizing operations in the prior year, partially offset by the same factors that impacted gross profit and higher SG&A expenses related to higher health, medical, incentive and pension expenses. Adjusted EBITDA decreased by $8.4 million to $85.3 million primarily due to the same factors that impacted gross profit and higher SG&A expenses related to higher health, medical, incentive and pension expenses. Tax Summary During the fourth quarter, we recorded an income tax rate of 21.8 percent and a tax rate excluding the impact of adjustments of 39.6 percent. Note that the application of accounting for income taxes often causes fluctuations in our quarterly effective tax rates. For the full year, we recorded an income tax rate of 10.6 percent and a tax rate excluding the impact of adjustments of 12.8 percent. Dividend Summary On December 3, 2024, the Board of Directors declared quarterly cash dividends of $0.54 per share of Class A Common Stock and $0.80 per share of Class B Common Stock. Dividends are payable on January 1, 2025, to stockholders of record at the close of business on December 16, 2024. Our markets have now experienced a multi-year period of industrial contraction, and we have not identified any compelling demand inflection on the horizon, despite slightly improved year over year volumes. While we believe we are well positioned for an eventual recovery of the industrial economy, at this time we believe it is appropriate to provide only low-end guidance based on the continuation of demand trends reflected in the past year, current price/cost factors in Paper Packaging and Services, and other identifiable discrete items which we will discuss during our fourth quarter earnings release call. Call-in details are provided below. Guidance Estimate Conference Call The Company will host a conference call to discuss the fourth quarter and fiscal 2024 results on December 5, 2024, at 8:30 a.m. Eastern Time (ET). Participants may access the call using the following online registration link: https://register.vevent.com/register/BId6a2105d615e45438d7c615c6b1ce4d5 . Registrants will receive a confirmation email containing dial in details and a unique conference call code for entry. Phone lines will open at 8:00 a.m. ET on December 5, 2024. A digital replay of the conference call will be available two hours following the call on the Company's web site at http://inv estor .greif.com . Investor Relations contact information Bill D'Onofrio, Vice President, Corporate Development & Investor Relations, 614-499-7233. [email protected] About Greif Greif is a global leader in industrial packaging products and services and is pursuing its vision: to be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides other services for a wide range of industries. In addition, the Company manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com . Forward-Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "may,” "will,” "expect,” "intend,” "estimate,” "anticipate,” "aspiration,” "objective,” "project,” "believe,” "continue,” "on track” or "target” or the negative thereof and similar expressions, among others, identify forward-looking statements. All forward-looking statements are based on assumptions, expectations and other information currently available to management. Although the Company believes that the expectations reflected in forward-looking statements have a reasonable basis, the Company can give no assurance that these expectations will prove to be correct. Such forward-looking statements are subject to certain risks and uncertainties that could cause the Company's actual results to differ materially from those forecasted, projected or anticipated, whether expressed or implied. Such risks and uncertainties that might cause a difference include, but are not limited to, the following: (i) historically, our business has been sensitive to changes in general economic or business conditions, (ii) our global operations subject us to political risks, instability and currency exchange that could adversely affect our results of operations, (iii) the current and future challenging global economy and disruption and volatility of the financial and credit markets may adversely affect our business, (iv) the continuing consolidation of our customer base and suppliers may intensify pricing pressure, (v) we operate in highly competitive industries, (vi) our business is sensitive to changes in industry demands and customer preferences, (vii) raw material shortages, price fluctuations, global supply chain disruptions and increased inflation may adversely impact our results of operations, (viii) energy and transportation price fluctuations and shortages may adversely impact our manufacturing operations and costs, (ix) we may encounter difficulties or liabilities arising from acquisitions or divestitures, (x) we may incur additional rationalization costs and there is no guarantee that our efforts to reduce costs will be successful, (xi) several operations are conducted by joint ventures that we cannot operate solely for our benefit, (xii) certain of the agreements that govern our joint ventures provide our partners with put or call options, (xiii) our ability to attract, develop and retain talented and qualified employees, managers and executives is critical to our success, (xiv) our business may be adversely impacted by work stoppages and other labor relations matters, (xv) we may be subject to losses that might not be covered in whole or in part by existing insurance reserves or insurance coverage and general insurance premium and deductible increases, (xvi) our business depends on the uninterrupted operations of our facilities, systems and business functions, including our information technology and other business systems, (xvii) a cyber-attack, security breach of customer, employee, supplier or Company information and data privacy risks and costs of compliance with new regulations may have a material adverse effect on our business, financial condition, results of operations and cash flows, (xviii) we could be subject to changes in our tax rates, the adoption of new U.S. or foreign tax legislation or exposure to additional tax liabilities, (xix) we have a significant amount of goodwill and long-lived assets which, if impaired in the future, would adversely impact our results of operations, (xx) changing climate, global climate change regulations and greenhouse gas effects may adversely affect our operations and financial performance, (xxi) we may be unable to achieve our greenhouse gas emission reduction target by 2030, (xxii) legislation/regulation related to environmental and health and safety matters could negatively impact our operations and financial performance, (xxiii) product liability claims and other legal proceedings could adversely affect our operations and financial performance, and (xxiv) we may incur fines or penalties, damage to our reputation or other adverse consequences if our employees, agents or business partners violate, or are alleged to have violated, anti-bribery, competition or other laws. The risks described above are not all-inclusive, and given these and other possible risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. For a detailed discussion of the most significant risks and uncertainties that could cause our actual results to differ materially from those forecasted, projected or anticipated, see "Risk Factors” in Part I, Item 1A of our most recently filed Form 10-K and our other filings with the Securities and Exchange Commission. All forward-looking statements made in this news release are expressly qualified in their entirety by reference to such risk factors. Except to the limited extent required by applicable law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. CONDENSED CONSOLIDATED STATEMENTS OF INCOME UNAUDITED October 31, October 31,Titans upset Texans in back-and-forth battle of AFC South foes: Key takeaways

Yak Gotti Seen Enjoying A Meal In New Interrogation VideoHome(made) for the Holidays

CAMDEN, N.J. , Nov. 22, 2024 /PRNewswire/ -- Subaru of America, Inc. announced pricing today on the rugged 2025 Forester Wilderness SUV. The go-anywhere 2025 Subaru Forester Wilderness is based on the previous-generation model and features increased capability, including 9.2 inches of ground clearance for adventure-seekers starting at $34,995 MSRP. In addition to longer coil springs and shock absorbers, the 2025 Subaru Forester Wilderness adds 17-inch matte-black alloy wheels wrapped in All-Terrain Yokohama GEOLANDAR® tires for increased traction on muddy, wet, or snowy roads or trails. A full-size spare is tucked underneath the cargo area for added confidence off the pavement. The 2025 Subaru Forester Wilderness includes a unique front fascia with a hexagonal grille and hexagonal LED fog lights, larger cladding around the wheels, and a front skid plate to help protect the SUV off-road. A useful anti-glare, matte black decal helps diffuse light from the hood for better outward vision and gives the Subaru Forester Wilderness a visually distinctive appearance on the road and the trails. Water-resistant StarTex® seating surfaces are easily cleanable, while all-weather mats and a standard cargo tray are well-suited for muddy gear and boots. The Wilderness also boasts more robust, ladder-style roof rails that can support up to 800 pounds while stationary, including a rooftop tent. Inside, the Subaru Forester Wilderness' standard 60/40-split folding rear seats open up to 69.1 cubic feet of cargo space with a wide 51.2-inch rear gate opening width to help load bulky gear. With the rear seats upright, the Wilderness comfortably seats up to five people with 39.4 inches of rear seat legroom and 26.9 cubic feet of cargo room behind the second row. For even more gear, the Subaru Forester Wilderness has a towing capacity of up to 3,000 pounds and comes standard with Trailer Stability Assist. Standard EyeSight® Driver Assist Technology features Advanced Adaptive Cruise Control; Pre-Collision Braking; Pre-Collision Throttle Management; Lane Departure and Sway Warning and Lead Vehicle Start Alert. Automatic Emergency Steering works with EyeSight and Blind-Spot Detection with Lane Change Assist and Rear Cross-Traffic Alert to assist with steering control to help avoid a collision at speeds slower than 50 mph. Every 2025 Subaru Forester Wilderness is powered by a 2.5-liter SUBARU BOXER® engine paired with a Lineartronic Continuously Variable Transmission. The efficient engine sends 182 horsepower and 176 pound-feet of torque to all four wheels via standard Subaru Symmetrical All-Wheel Drive. A SUBARU STARLINK® 6.5-inch Multimedia system with a high-resolution touchscreen, Apple CarPlay® and AndroidTM Auto compatibility, and Bluetooth® hands-free streaming connectivity is standard. The front center console comes equipped with dual UBS-A input/charge ports, while the rear center console is equipped with dual USB-A charge ports for second-row riders. A single option package is available for the 2025 Subaru Forester Wilderness and adds an 8.0-inch SUBARU STARLINK® 8.0-inch Multimedia Navigation System, Harman Kardon® premium audio with 576-watt equivalent amp and nine speakers, and Power Rear Gate for $2,000 MSRP. The 2025 Subaru Forester Wilderness is assembled alongside the all-new 2025 Subaru Forester in Gunma, Japan . The Forester Wilderness will arrive at Subaru retailers in early 2025. 2025 Subaru Forester Wilderness Model/Trim Transmission Applicable Option MSRP MSRP plus Destination and Delivery ($1,420) i Forester Wilderness CVT 31, 33 $34,995 $36,415 2025 Subaru Forester Wilderness Option Packages Code Description MSRP 31 Standard Model N/A 33 STARLINK 8.0-inch Multimedia Navigation System + Harman Kardon Premium Speaker System + Power Rear Gate $2,000 Destination & Delivery is $1,420 for Forester Wilderness and may vary in the following states: CT, HI, MA, ME, NH, NJ, NY, RI and VT. D&D is $1,570 for retailers in Alaska. About Subaru of America, Inc. Subaru of America, Inc. ( SOA ) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J. , the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc. , the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise , which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit media.subaru.com . Follow us on Facebook , Instagram , LinkedIn , TikTok , and YouTube . Dominick Infante Director, Corporate Communications 856.488.8615 dinfante@subaru.com Aaron Cole Product Communications Manager 720.231.0809 acole1@subaru.com View original content to download multimedia: https://www.prnewswire.com/news-releases/subaru-announces-pricing-on-2025-forester-wilderness-302313781.html SOURCE Subaru of America, Inc.

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