Unlikely battleground California plays key role -- again -- in setting US House's political balanceDrones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Not everybody follows the rules. Sightings at airports have shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks have created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials have called for stricter rules to govern drones. After receiving reports of drone activity last month near Morris County, New Jersey, the Federal Aviation Administration issued temporary bans on drone flights over a golf course in Bedminster , New Jersey, that is owned by President-elect Donald Trump, and over Picatinny Arsenal Military Base . The FAA says the bans are in response to requests from “federal security partners.” The FAA is responsible for the regulations governing their use , and Congress has written some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam, and not suffer from a ”mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles (4.8 kilometers). Over the past decade, pilots have reported hundreds of close calls between drones and airplanes including airline jets. In some cases, airplane pilots have had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023 . Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology have made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey are calling for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states have enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey, and founder of its drone program, says it's up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It's a brand new technology that's not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Associated Press reporter Rebecca Santana in Washington, D.C., contributed.
Vince Carter and Tracy McGrady join Bills' ownership group as limited partners
NoneThe Obama Democracy Forum kicks off Thursday in Chicago. The goal is to bridge the political divide and get people talking about issues together. The former president, along with actor Ryan Reynolds and country music singer Reyna Roberts, will be speaking. Obama Foundation CEO and longtime Barack Obama senior advisor Valerie Jarrett spoke with Scripps News about what to expect from the conference. "Part of what we're doing [Thursday] is inviting leaders in the community who can take these tools back to their local communities and help the people on the ground who are feeling helpless in this situation," Jarrett said. "I do think there is a hunger around our country and around the world to focus on what we have in common, to avoid the kind of polarization that we're seeing, to talk to each other in a way that's respectful, to disagree and have hard conversations without letting them break down into acrimony." RELATED STORY | South Korean parliament defies president by lifting declaration of martial law Jarrett also discussed recent threats to democracy, including in South Korea, where President Yoon Suk Yeol briefly declared martial law in an attempt to eliminate "anti-state" forces alleged to be sympathizing with North Korea. "We take a long view. We look at this as a way of building confidence in leaders that are moving forward, that will be leaders of tomorrow. They'll be confident because they'll have the necessary tools to avoid the kind of friction and combativeness that we are seeing all too often," Jarrett said. Watch the full interview with Jarrett in the video above.
BROSSARD, Quebec (AP) — The Montreal Canadiens might be getting some reinforcements soon after Patrik Laine practiced with his teammates Wednesday for the first time since suffering a left knee sprain. Laine skated alone before joining the team for the first few drills at practice. He wore a noncontact jersey and left the ice after about 15 minutes. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekLOS ANGELES (AP) — Democrats and Republicans agreed on at least one thing before November’s election: California would play a central role in determining control of the U.S. House. Indeed it did. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.FBI director Christopher Wray has said he plans to resign at the end of President Joe Biden’s term in January, an announcement that came a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the job. At a town hall meeting with the bureau workforce, Mr Wray said he would be stepping down “after weeks of careful thought”. Mr Wray’s intended resignation is not unexpected considering that Mr Trump had picked Mr Patel for the role in his new administration. Mr Wray had previously been named by Mr Trump and began the 10-year term — a length meant to insulate the agency from the political influence of changing administrations — in 2017, after Mr Trump fired then-FBI director James Comey. Mr Trump had demonstrated his anger with Mr Wray on multiple occasions, including after Mr Wray’s congressional testimony in September. “My goal is to keep the focus on our mission — the indispensable work you’re doing on behalf of the American people every day,” Mr Wray told agency employees. “In my view, this is the best way to avoid dragging the bureau deeper into the fray, while reinforcing the values and principles that are so important to how we do our work.” Mr Wray continued: “It should go without saying, but I’ll say it anyway — this is not easy for me. I love this place, I love our mission, and I love our people — but my focus is, and always has been, on us and doing what’s right for the FBI.” Mr Wray received a standing ovation following his remarks before a standing-room-only crowd at FBI headquarters and some in the audience cried, according to an FBI official who was not authorised to discuss the private gathering and spoke on condition of anonymity to The Associated Press. Mr Trump applauded the news on social media, calling it “a great day for America as it will end the weaponisation of what has become known as the United States Department of Injustice” and saying that Mr Patel’s confirmation will begin “the process of Making the FBI Great Again”. If confirmed by the Senate, Mr Patel would herald a radical leadership transformation at the nation’s premier federal law enforcement agency. He has advocated shutting down the FBI’s Washington headquarters and called for ridding the federal government of “conspirators”, raising alarm that he might seek to wield the FBI’s significant investigative powers as an instrument of retribution against Mr Trump’s perceived enemies. Mr Patel said in a statement Wednesday that he was looking forward to “a smooth transition. I will be ready to serve the American people on day one”.Broadway Plan policy changes could add space for 64,000 more residents
NoneDell Technologies (NYSE:DELL) Given “Outperform” Rating at Evercore ISICanadiens’ Patrik Laine skates with teammates for the first time since his injury
MONTRÉAL , Nov. 25, 2024 /PRNewswire/ -- Workleap , a leading Canadian software company behind products that empower 20,000 companies in more than 100 countries to build better employee experiences, announces its fall platform release introducing new solutions and integrated features into an all-in-one simple-to-use platform. This release marks a new milestone in Workleap's ongoing commitment to transform the employee experience by empowering HR leaders to drive organizational performance and achieve business goals. Workleap's comprehensive platform helps HR lead organizations to thrive in the modern setting of hybrid, remote, and distributed work environments. The consolidated solution for understanding employee engagement, driving performance, and developing employees is the best add-on to your existing HRIS and HR technology, allowing companies to add simple experiences across the employee lifecycle. Bringing these functions together in one platform, Workleap enables HR professionals to create a more responsive, agile and employee-centric work environment. What's New Why It Matters " Hybrid work has completely reshaped the role of HR. It's no longer just about managing employees—it's about building the right frameworks, fostering authentic connections, and leveraging tools that drive meaningful outcomes," said Simon De Baene , Co-founder and CEO of Workleap. "At Workleap, our mission is clear: make work simpler. The Workleap platform brings together the tools HR teams and leaders need to focus on what matters most—creating workplaces where people feel supported, connected, and empowered to grow. By continuing to invest in our platform, we're accelerating innovation with solutions like Workleap Performance—designed to be simple, effective, and built to keep HR and leaders ahead as the future of work evolves." To learn more about Workleap's employee experience platform, visit workleap.com . About Workleap Workleap is the best add-on to your HRIS to build better employee experiences. The all-in-one Workleap platform empowers organizations to make work simpler by unifying onboarding, engagement, performance, and development —in one platform. Workleap is a Montréal, Canada-based company building the operating system for hybrid work—unifying the experience to streamline talent management and scale productivity tools across 20,000 companies in more than 100 countries. Media Contact Jaclyn Pullen PANBlast for Workleap workleap@panblastpr.com View original content to download multimedia: https://www.prnewswire.com/news-releases/workleap-fall-launch-empowering-hr-leaders-with-new-features-for-employee-growth-and-engagement-302315807.html SOURCE WorkleapTyrese Hunter tossed in a game-high 26 points to lead Memphis to a 99-97 upset victory over No. 2 UConn on Monday in the first round of the Maui Invitational in Lahaina, Hawaii. Hunter, who played at Iowa State and Texas before transferring to Memphis, made eight field goals with 7-of-10 3-point shooting. The Tigers (5-0) connected on 12 of their 22 3-point attempts in the win. UConn's Hassan Diarra made a free throw to cut the Memphis lead to 99-97 with 2.2 seconds left. He intentionally missed the second free throw and collected the loose ball, but his desperation shot was off the mark. It was 92-92 when UConn's Liam McNeeley was called for an offensive foul with 40.3 seconds left. UConn coach Dan Hurley received a technical for arguing the foul call, and PJ Carter made all four free throws to give the Tigers a four-point lead. Memphis, which squandered a 13-point lead with four minutes to play in regulation, received 22 points from PJ Haggerty, 19 from Colby Rogers and 14 from Dain Dainja. Memphis will play the winner of Monday night's game between Colorado and Michigan State in Tuesday's semifinals. UConn will face the loser of that contest. Tarris Reed Jr. had a team-high 22 points and a game-high 11 rebounds for UConn (4-1) before he fouled out with 3:18 to play. He made 10 of his 13 field goal attempts. Alex Karaban added 19 points for the Huskies. Jaylin Stewart scored a career-high 16 points, Diarra had 12 and McNeeley added 10. UConn trailed 82-79 after Diarra made two free throws with 24.2 seconds to play in regulation. The Huskies then forced a turnover and tied the game on a 3-pointer by Solo Ball with 1.2 on the clock. Although Memphis shot 56.5 percent from the field (13 for 23) and 50 percent from 3-point territory (5 for 10) in the first half, the game was tied 40-40 after 20 minutes. Neither team led by more than six points in the half. UConn received 29 points from its bench in the first half. Reed scored 15 of those points and Stewart supplied the other 14. --Field Level MediaLAHAINA, Hawaii (AP) — Tyrese Hunter scored 17 of his 26 points after halftime to lead Memphis to a 99-97 overtime win against two-time defending national champion and second-ranked UConn on Monday in the first round of the Maui Invitational . Hunter shot 7 of 10 from 3-point range for the Tigers (5-0), who were 12 of 22 from beyond at the arc as a team. PJ Haggerty had 22 points and five assists, Colby Rogers had 19 points and Dain Dainja scored 14. Tarris Reed Jr. had 22 points and 11 rebounds off the bench for the Huskies (4-1). Alex Karaban had 19 points and six assists, and Jaylin Stewart scored 16. Memphis led by as many as 13 with about four minutes left in regulation, but UConn chipped away and eventually tied it on Solo Ball’s 3-pointer with 1.2 seconds remaining. Memphis: The Tigers ranked second nationally in field goal percentage going into the game and shot it at a 54.7% clip. UConn: The Huskies saw their string of 17 consecutive wins dating back to February come to an end. The teams were tied at 92 with less than a minute remaining in overtime when UConn coach Dan Hurley was assessed a technical foul for his displeasure with an over-the-back call against Liam McNeeley. PJ Carter hit four straight free throws — two for the tech and the other pair for the personal foul — to give Memphis a 96-92 lead with 40.3 seconds to play. UConn had three players foul out. Memphis attempted 40 free throws and made 29 of them. Memphis will play the winner of Colorado-Michigan State on Tuesday in the second round of the invitational. UConn will play the loser of that game in the consolation bracket. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball .To lure Juan Soto, Mets created a video of his statue outside Citi Field next to Tom Seaver's
KANSAS CITY, Mo. (AP) — There seemed to be little joy in another last-second win for the Kansas City Chiefs on Sunday. Patrick Mahomes looked stoic after fill-in kicker Spencer Shrader's field goal beat Carolina 30-27 . Travis Kelce, Chris Jones and the rest of the Chiefs merely joined him in walking from the sideline to midfield for handshakes, then headed back to the locker room, a scene completely different from the jubilation they exhibited at the end of so many other nail-biters. Might be that they're getting sick of the stress at the end of games; Kansas City has won 12 straight games decided by seven points or fewer, the longest streak in NFL history, and has won five games decided on the final play this season. Then again, it might be that the Chiefs felt as if they should have beaten the Panthers by a much wider margin. They committed 10 penalties for 91 yards. Their secondary struggled against Carolina quarterback Bryce Young, a one-time bust who has started to play better of late. And their offensive tackles were routinely beaten with Mahomes sacked five times. “You always want to have some blowouts. You want to be a little calmer in the fourth quarter,” said Mahomes, who had one of his best games despite the protection problems, throwing for 269 yards and three touchdowns without an interception. “It can be a good thing as you get to the playoffs and later in the season,” Mahomes added, “just knowing you've been in those moments before, and knowing how to kind of attack it play by play — not making it too big of a moment. I will say this more than anybody, I would love to win a game not by the very last play.” The Chiefs (10-1) nevertheless remained a game ahead of Buffalo in the race for the No. 1 seed in the AFC heading into Friday's game against the Raiders. But there is no margin for error with the Bills now holding the tiebreaker over them. “It’s all about getting better. That’s the best thing about playing in the NFL,” Mahomes said. “We’ve got to just go back, learn from (Carolina), and know we have a short week against a hungry football team in the Raiders that’s coming to our house.” What’s working The Chiefs' tight ends have taken advantage of deep shell coverages played by opposing defenses by getting open underneath, especially Noah Gray , who had his second straight two-touchdown day against the Panthers. He finished with four catches for a team-best 66 yards, while Kelce was right behind with six catches for 62 yards. What needs help The Chiefs have had problems at tackle all season. Wanya Morris struggled again on the left side and veteran Jawaan Taylor was not much better on the right, and they're a big reason why Mahomes has been sacked 15 times over the past four games. Stock up Just a few weeks ago, Shrader was on the Jets practice squad, hoping for a chance to kick in another regular-season game. Now, with Harrison Butker on injured reserve, he is making the most of that chance in Kansas City. The undrafted rookie is 3 for 3 on field goals, including that 31-yard game-winner against Carolina, and perfect on six extra-point attempts. Stock down Just about everyone in the Kansas City secondary struggled against Carolina, whether it was cornerbacks Nazeeh Johnson and Chamarri Conner or safeties Bryan Cook and Justin Reid. Young shredded them for 263 yards passing and a touchdown. Injuries The Chiefs could have running back Isiah Pacheco and pass rusher Charles Omenihu back this week. Both have been practicing the past couple of weeks and were close to playing against Carolina. Pacheco is returning from an ankle injury sustained in Week 2 while Omenihu has not played since tearing his ACL in the playoffs last season. Key number 5 — Kansas City improved to 5-0 against the NFC this season, making it 26-6 against the AFC's rival conference since Mahomes became the franchise's regular starter for the 2018 season. Next steps The Chiefs have won seven of their past eight against Las Vegas heading into Friday's game, though they no doubt remember the Raiders' previous trip to Arrowhead Stadium. Las Vegas pulled the upset on Christmas Day last season. ___ AP NFL: https://apnews.com/hub/nfl Dave Skretta, The Associated Press
NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global iron ore market size is estimated to grow by USD 57.5 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered Product (Fines, Pellets, Lump, and HBI/DRI), Source (Surface mining and Underground mining), and Geography (APAC, Europe, South America, North America, and Middle East and Africa) Key Companies Covered Anglo American plc, Ansteel Group Corp. Ltd., ArcelorMittal SA, Atlas Iron Pty Ltd., BCI Minerals Ltd., BHP Group plc, China Hanking Holdings Ltd., Cleveland Cliffs Inc., Eurasian Resources Group Sarl, Ferrexpo Plc, Fortescue Metals Group Ltd., GFG Alliance, KIOCL Ltd., Luossavaara Kiirunavaara AB, Metinvest BV, Mideast Integrated Steel Ltd., Mount Gibson Iron Ltd., NMDC Ltd., Rio Tinto Ltd., and Vale SA, Anglo American; Ansteel Group Corporation Limited; ArcelorMittal; BHP; Cleveland-Cliffs Inc.; EVRAZ plc; Fortescue Metals Group Ltd; HBIS Group; LKAB; Metalloinvest MC LLC; Rio Tinto; Vale Regions Covered APAC, Europe, South America, North America, and Middle East and Africa Region Outlook 1. APAC - APAC is estimated to contribute 89%. To the growth of the global market. The Iron Ore Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The iron ore market in APAC is anticipated to expand due to the rising demand for steel in the region. This demand is driven by industrialization and infrastructure development projects in countries like Indonesia , South Korea , and India . Notably, Indonesia has announced a USD430 billion investment in infrastructure by 2024. Several industrial, commercial, and residential projects are underway in these countries, fueling the need for iron ore. Additionally, increasing government initiatives to boost steel production will further boost the demand for iron ore in APAC during the forecast period. For more insights on APAC's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview 1.1 Fastest growing segment: Iron ore fines are crushed forms of iron ore used in the production of sinter, a material essential for ironmaking in blast furnaces. Fines are mixed with a binder like clay and sometimes flux such as limestone during the sintering process. The advantage of using fines is their ability to be blended for optimal iron concentration and reduced contaminants. In the sintering process, fines are combined with coke breeze, limestone, and recycled sinter particles, enhancing blast furnace permeability for efficient iron production. Globally, iron ore fines are exported and traded for use in steel production, driving the growth of the iron ore fines market. Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! Research Analysis Iron ore is a crucial nonrenewable resource found primarily in the Earth's crust, predominantly as minerals such as hematite, magnetite, and goethite. These minerals contain metal iron, which is an essential component of steel, a versatile material with numerous industrial applications. Steel is used extensively in construction, manufacturing cars, and producing various appliances. Sedimentary rocks, including iron-rich formations, are the primary sources of iron ore. The mining and processing of iron ore involve extracting the ore from the ground and separating the iron minerals from other impurities. The resulting iron ore is then smelted to produce molten iron, which is used to create steel. Other elements, such as tungsten, manganese, nickel, vanadium, and chromium, are often found in iron ore deposits and can be extracted as by-products. The demand for iron ore is driven by the need for steel in various industries, including construction, automotive manufacturing, and residential and commercial building projects. Steel is used to create frames, panels, doors, engine blocks, gears, suspensions, and other components for cars, as well as hot-rolled steel for construction purposes. Market Overview Iron ore is a crucial nonrenewable resource found in the Earth's crust, primarily in the form of minerals such as Hematite, Magnetite, Goethite, Limonite, Siderite, and others. These minerals contain iron compounds that are essential for producing steel, a key material for construction, automotive industry, transportation, and various industrial applications. Iron ore comes in different forms, including lumps, pellets, and fines. Mining practices extract this resource from deposits, often located in sedimentary rocks or irregular iron nodules. The mining process involves equipment expenditures and can lead to environmental problems, such as waste materials, tailings, acid mine drainage, and airborne dust. Steel, derived from iron ore, is used in various industries, including building, car manufacturing, infrastructure, and more. It is a vital component in car bodies, trucks, and vehicles, contributing to their durability and strength. The automotive industry and transportation sector heavily rely on iron ore for fuel-efficient and environmentally friendly vehicles. Iron ore is also used in various industrial applications, such as pigment iron for paints, structural steel for buildings, bridges, and infrastructure, and in various manufacturing processes. Additionally, iron ore is used in the production of various other materials, such as tungsten, manganese, nickel, vanadium, and chromium. The demand for iron ore is high due to its extensive use in various industries. Consumers, including the construction, automotive, and manufacturing sectors, drive the market for iron ore. The mining and production of iron ore involve various processes, including sintering, pelletizing, and smelting, using equipment such as sinter facilities, blast furnaces, and steel mills. The iron and steel industry is a significant contributor to CO2 emissions, making it essential to focus on energy efficiency and the use of renewable energy sources. The industry is also exploring the use of hydrogen gas, steam oxidation, and other cleaner production methods to reduce its environmental footprint. Iron ore is used in various industries, including oil drilling rigs, catalyst industries, hydrogen gas production, and even in the production of iron oxide-based paints, UV radiation absorbers, and various consumer products like packaged food items and beverages. It is also used as a shield against radiation, in healing stones, and as gems. The mining and production of iron ore involve various challenges, including the handling of heavy media separation, ballast, and impurities. Foundries use iron ore in various manufacturing purposes, while energy storage and iron catalyst industries use it in their processes. Sinter plants and blast furnaces are essential components in the production of lump iron ore and iron ore fines, which are used in steel mills for manufacturing purposes. In conclusion, iron ore is a vital resource with extensive applications in various industries, from construction and automotive to manufacturing and consumer goods. Its production and use involve various processes, challenges, and environmental considerations. The industry's focus on productivity, energy efficiency, and the use of renewable energy sources will continue to shape its future. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 11.1 Anglo American; 11.2 Ansteel Group Corporation Limited 11.3 ArcelorMittal 11.4 BHP 11.5 Cleveland-Cliffs Inc. 11.6 EVRAZ plc 11.7 Fortescue Metals Group Ltd 11.8 HBIS Group 11.9 LKAB 11.10 Metalloinvest MC LLC 11.11 Rio Tinto 11.12 Vale 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/iron-ore-market-89-of-growth-to-originate-from-apac-with-ai-driving-market-transformation---technavio-302327597.html SOURCE TechnavioPolice say suspect in UnitedHealthcare CEO killing wasn't a client of the insurer
NoneAP Trending SummaryBrief at 5:06 p.m. EST
GSA Capital Partners LLP acquired a new stake in shares of Nucor Co. ( NYSE:NUE – Free Report ) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 1,593 shares of the basic materials company’s stock, valued at approximately $239,000. Several other institutional investors and hedge funds have also modified their holdings of NUE. Delta Financial Advisors LLC lifted its position in shares of Nucor by 2.8% in the third quarter. Delta Financial Advisors LLC now owns 29,004 shares of the basic materials company’s stock worth $4,360,000 after purchasing an additional 778 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Nucor during the 3rd quarter worth about $26,000. Crossmark Global Holdings Inc. raised its holdings in Nucor by 1.9% during the third quarter. Crossmark Global Holdings Inc. now owns 45,128 shares of the basic materials company’s stock worth $6,785,000 after acquiring an additional 851 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in shares of Nucor by 29.0% during the 3rd quarter. Baker Avenue Asset Management LP now owns 44,752 shares of the basic materials company’s stock worth $6,728,000 after purchasing an additional 10,048 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its position in shares of Nucor by 1.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 8,468 shares of the basic materials company’s stock valued at $1,273,000 after acquiring an additional 100 shares during the period. 76.48% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets Several equities research analysts have issued reports on the company. Morgan Stanley cut their price target on Nucor from $170.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, October 23rd. BMO Capital Markets lowered their price target on shares of Nucor from $175.00 to $160.00 and set a “market perform” rating on the stock in a report on Wednesday, September 18th. JPMorgan Chase & Co. cut their price objective on shares of Nucor from $170.00 to $168.00 and set an “overweight” rating for the company in a research report on Wednesday, October 23rd. Finally, Argus raised Nucor to a “strong-buy” rating in a research report on Monday, August 26th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $190.57. Nucor Price Performance Shares of NYSE:NUE opened at $151.92 on Friday. The company has a market capitalization of $35.67 billion, a P/E ratio of 14.68 and a beta of 1.55. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.61 and a current ratio of 2.59. Nucor Co. has a fifty-two week low of $133.42 and a fifty-two week high of $203.00. The company’s 50-day moving average is $149.67 and its 200 day moving average is $154.07. Nucor ( NYSE:NUE – Get Free Report ) last announced its quarterly earnings data on Monday, October 21st. The basic materials company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.09. The company had revenue of $7.44 billion during the quarter, compared to analyst estimates of $7.28 billion. Nucor had a return on equity of 12.06% and a net margin of 8.05%. The firm’s revenue for the quarter was down 15.2% on a year-over-year basis. During the same quarter last year, the firm posted $4.57 EPS. On average, equities research analysts forecast that Nucor Co. will post 8.52 earnings per share for the current year. Nucor Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, September 27th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 1.42%. The ex-dividend date was Friday, September 27th. Nucor’s payout ratio is 20.87%. Insiders Place Their Bets In other Nucor news, EVP Kenneth Rex Query sold 9,000 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $146.80, for a total transaction of $1,321,200.00. Following the completion of the sale, the executive vice president now directly owns 98,770 shares in the company, valued at $14,499,436. This represents a 8.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . Also, EVP Allen C. Behr sold 4,968 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $159.72, for a total value of $793,488.96. Following the completion of the sale, the executive vice president now owns 85,376 shares of the company’s stock, valued at $13,636,254.72. The trade was a 5.50 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 29,680 shares of company stock worth $4,773,724 in the last ninety days. 0.46% of the stock is currently owned by insiders. Nucor Company Profile ( Free Report ) Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. Read More Want to see what other hedge funds are holding NUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nucor Co. ( NYSE:NUE – Free Report ). Receive News & Ratings for Nucor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nucor and related companies with MarketBeat.com's FREE daily email newsletter .Spruce power director buys $4,729 in stockPowell: Fed's independence from politics is vital to its interest rate decisions WASHINGTON (AP) — Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome. Speaking at the New York Times’ DealBook summit, Powell addressed a question about President-elect Donald Trump’s numerous public criticisms of the Fed and of Powell himself. During the election campaign, Trump had insisted that as president, he should have a “say” in the Fed’s interest rate policies. Despite Trump’s comments, the Fed chair said he was confident of widespread support in Congress for maintaining the central bank’s independence. UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the US but was unknown to millions of people his decisions affected. The fatal shooting of UnitedHealthcare's chief executive on a midtown Manhattan sidewalk Wednesday became a mystery that riveted the nation. Police say it was a targeted killing. Thompson was 50. He had worked at the company for 20 years and had run health care giant UnitedHealth Group Inc.'s insurance business since 2021. It provides health coverage for more than 49 million Americans and brought in $281 billion in revenue last year. Thompson's $10.2 million annual compensation made him one of the company’s highest-paid executives. Trump nominates cryptocurrency advocate Paul Atkins as SEC chair President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Atkins is the CEO of Patomak Partners and a former SEC commissioner. Trump calls Atkins a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. The SEC oversees U.S. securities markets and investments. If confirmed next year by the new Republican-led Senate, Atkins would replace Gary Gensler, who's been leading the U.S. government’s crackdown on the crypto industry. Atkins was widely considered the most conservative SEC member during his tenure and known to have a strong free-market bent. Australia is banning social media for people under 16. Could this work elsewhere — or even there? It is an ambitious social experiment of our moment in history. Experts say it could accomplish something that parents, schools and other governments have attempted with varying degrees of success — keeping kids off social media until they turn 16. Australia’s new law was approved by its Parliament last week. It's an attempt to swim against many tides of modern life — formidable forces like technology, marketing, globalization and, of course, the iron will of a teenager. The ban won’t go into effect for another year. But how will Australia be able to enforce it? That’s not clear, nor will it be easy. White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign WASHINGTON (AP) — A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered the new details Wednesday about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that a number of telecommunication firms and countries impacted could still grow. GivingTuesday estimates $3.6B was donated this year, an increase from 2023 NEW YORK (AP) — U.S. donors gave $3.6 billion on Tuesday, an increase from the past two years, according to estimates from the nonprofit GivingTuesday. The Tuesday after Thanksgiving, now known as GivingTuesday, has become a major annual day for nonprofits to fundraise and otherwise engage their supporters. In both 2022 and 2023, nonprofits in the U.S. raised $3.1 billion on GivingTuesday. This year, 18.5 million people made donations to nonprofits and another 9.2 million people volunteered. Both the number of donors and the number of volunteers increased by 4% since 2023, according to the nonprofit GivingTuesday's estimates. Pete Hegseth's mother says The New York Times made 'threats' by asking her to comment on a story A basic tenet of journalism — calling someone for comment on a story — was seen as a threat by defense secretary nominee Pete Hegseth's mother. Penelope Hegseth appeared on Fox News Channel to talk about her son, whose nomination by President-elect Trump to lead the Pentagon is threatened by a series of stories about his past behavior. One came this past weekend, when The New York Times wrote about a private email Penelope Hegseth sent to her son about his treatment of women. She said on Fox News that she felt threatened when the Times called her about the email, which she had quickly regretted sending. The Times said they were engaging in routine journalism. District of Columbia says Amazon secretly stopped fast deliveries to 2 predominantly Black ZIP codes The District of Columbia is alleging in a lawsuit that Amazon secretly stopped providing its fastest delivery service to residents of two predominantly Black neighborhoods in the city. The district says the online retailer still charged residents of two ZIP codes millions of dollars for a service that provides speedy deliveries. The complaint filed on Wednesday in District of Columbia Superior Court revolves around Amazon’s Prime membership service. The lawsuit alleges Amazon in mid-2022 imposed what it called a delivery “exclusion” on the two low-income ZIP codes. An Amazon spokesperson says the company made the change based on concerns about driver safety. The spokesperson says claims that Amazon's business practices are discriminatory are “categorically false.” Biden says 'Africa is the future' as he pledges millions more on the last day of Angola visit LOBITO, Angola (AP) — President Joe Biden has pledged another $600 million for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration. He told African leaders Wednesday that the resource-rich continent of more than 1.4 billion people had been “left behind for much too long. But not anymore. Africa is the future.” Biden used the third and final day of his visit to Angola to showcase the Lobito Corridor railway. The U.S. and allies are investing heavily to refurbish train lines in Zambia, Congo and Angola in a region rich in critical minerals to counter China's influence. The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans NASHVILLE, Tenn. (AP) — The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years. Since launching the tour in 2023, Swift has shattered sales and attendance records. It's even created such an economic boom that the Federal Reserve took note. But for many who attended the concerts, and the millions more who eagerly watched on their screens, the tour also became a beacon of joy. It's become a chance not only to appreciate Swift’s expansive music career, but also celebrate the yearslong journey fans have taken with her.
The right of transgender minors to access gender-affirming care has sparked debate in many parts of the United States, and it’s now heading to the U.S. Supreme Court. The court heard oral arguments Wednesday on a challenge, brought by young people who identify as transgender and their families, to a law in Tennessee that bans gender-affirming medical care for minors. It’s one of 26 states that have passed bans on gender-affirming health care for transgender children and teenagers, according to a CNN analysis of data from the Movement Advancement Project, a nonprofit think tank that advocates for LGBTQ rights. Gender-affirming care is a multidisciplinary approach that includes medically necessary and scientific evidence-based practices to help a person safely transition from their assigned gender – the one a clinician assigned them at birth, based mostly on anatomic characteristics – to their affirmed gender – the gender by which the person wants to be known. Although the term gender-affirming care came into the public’s lexicon fairly recently, Dr. Madeline Deutsch, director of the UCSF Gender Affirming Health Program in San Francisco, said the practice has been around for some time and is based on decades of scientific research. Major mainstream medical associations – including the American Medical Association , the American Psychiatric Association , the Endocrine Society , the American Psychological Association , the American Academy of Pediatrics and the American Academy of Child & Adolescent Psychiatry – have affirmed the practice of gender-affirming care and agree that it’s the gold standard of clinically appropriate care that can provide lifesaving treatment for children and adults. “While we are always assessing the strength of the evidence for this kind of care, every major US medical association has found that the medical evidence is strong and in support of centers that provides this kind of care and have been doing so for decades,” said Dr. Kellan Baker, executive director of the Whitman-Walker Institute, a health care organization that works on LGBTQ+ issues. This year, an extensive but controversial research review in the UK called the use of puberty-delaying medications into question, saying that the rationale for early puberty suppression was “unclear” and that any benefit for mental health was supported by “weak evidence.” The review — known as the Cass Review for Dr. Hilary Cass, the pediatrician who conducted it — has prompted providers in the UK to scale back their use of the treatment. However, its methodology have come under sharp criticism from some scholars and practitioners. The process typically starts with a conversation between a clinician and the individual. If the patient is a child, the conversation will also include the family when possible. “It’s to really get a better sense of what’s bringing them into the clinic,” said licensed clinical psychologist Dr. Melina Wald, co-founder and former clinical director of the Columbia Gender Identity Program at Columbia University Medical Center. “We are also looking to understand the child’s understanding of their own gender, gender expression and a history related to that.” After experts determine what the person needs, a multidisciplinary group of clinicians will design a plan for them. Depending on the person’s age, care can include mental health and support groups, legal help and sometimes medical help like hormones or surgery when a person is past puberty. “This is individualized care, not some one-size-fits-all-plan,” Baker said. A transition plan can be as simple as offering support to someone when they start using different pronouns, change their hairstyle or clothing, or use a different name. “When we support and allow people to do these things, their lives get better,” Deutsch said. Mental health care: Often, gender-affirming care will include counseling. A 2018 study found that the prevalence of mental health problems among transgender youth was seven times higher than among their cisgender peers. Mental health problems don’t necessarily stem from a person’s identity; a growing number of studies show that they often occur because of social discrimination and what’s known as minority stress. Stigma, marginalization , discrimination, bullying, harassment and violence can lead to feelings of isolation and rejection. People who identify as transgender may also need mental health help just to determine what their identity is, to come to terms with it and to find self-acceptance. Mental health care can also help people come out to their family and friends and develop coping mechanisms so they can be who they are in a world that isn’t always friendly or accepting. Gender-affirming care, studies show, lowers a person’s odds of depression and suicidality and is associated with improved well-being. Medication and surgery: Some people may also receive age-appropriate medical care like hormone treatments, puberty blockers, voice and communication therapy, gynecologic and urologic care and reproductive treatments. Typically, surgeries are offered only to adults. The World Professional Association for Transgender Health’s guidelines , which are considered the gold standard for gender-affirming care around the world, say this kind of care should provide a person “safe and effective pathways to achieving lasting personal comfort with their gendered selves with the aim of optimizing their overall physical health, psychological well-being, and self-fulfillment.” When children get to a certain stage of puberty – diagnosed by a medical provider – and still have a persistent, well-documented sense that their gender does not align with the sex assigned at birth, doctors and family may decide to move forward with reversible pubertal suppression , commonly called puberty blockers . Although not all patients choose this treatment, some research shows that gender-incongruent youth may feel increased distress when they start to develop secondary sex characteristics. These gonadotrophin-releasing hormone drugs were first used to delay puberty for people with what’s known as precocious puberty , when a child’s body changes into that of an adult too soon. Puberty blockers can keep secondary sex traits from developing for a few years, to give the child time to access support, explore their gender identity and develop coping skills, according to the American Academy of Pediatrics. If a patient decides to stop treatment, puberty resumes. “That just basically puts everything on pause, and children can be on that for a couple of years without any ill effects, and it’s totally reversible,” Deutsch said. “If it’s stopped, then everything just continues where you left off.” Studies show that puberty blockers can reduce the distress that may happen when a child develops secondary sex characteristics such as breasts, an Adam’s apple or voice changes. Studies show that transgender adolescents who used puberty blockers were less likely to have suicidal thoughts than those who wanted the treatment but did not get it. Puberty blockers can also make a transition later in life easier, since the person did not develop these secondary sex characteristics. At this stage in the gender-affirming care process, after a thorough evaluation by a medical professional, a patient may also receive hormone therapy that can lead to gender-affirming physical change. Puberty blockers can carry some risks, and more long-term studies are needed, according to the Pediatric Endocrine Society . Long-term studies on fertility and bone health are limited and provide “varied results,” according to the American Academy of Pediatrics. The World Professional Association for Transgender Health guidelines say that before giving puberty blockers, the provider must make sure the person has demonstrated a sustained and persistent pattern of gender dysphoria or gender incongruence; they must have the emotional and cognitive maturity to provide informed consent; any coexisting mental health problems that could interfere with treatment or consent need to be addressed; the person needs to be told that there could be reproductive effects, and fertility preservation options should be discussed; and the child must have reached Tanner Stage 2 of puberty, which is when a girl starts to develop breast buds and a boy’s scrotum and testicles begin to increase in size. A pediatric endocrinologist must agree with this decision. Professional medical guidelines, with some rare exceptions, do not recommend puberty blockers, hormone therapies or surgery for children who have not gone through puberty. If such treatment is indicated, the clinician would first do a thorough evaluation in collaboration with the patient and their caregiver to understand the child’s unique needs. “I think one of the big myths out there is that there’s a sense that kids are rushed into decisions related to medical care, like hormone therapy or surgery. That’s just not the case,” Wald said. Deutsch agreed: “Kids don’t make stuff up about this, wanting to become trans because it’s trendy or something,” she said. “Trans youth and trans people in general do not have access to a hormone vending machine.” Some critics point out that youth who take puberty blockers may change their minds about their gender identity later in life. Several studies have shown that most people who opt for gender-affirming care don’t later regret their choices — including an October 2022 study in the Netherlands that found 98% of transgender youth who had started gender-affirming medical treatment in adolescence continued to use those hormones around five or six years later in adulthood. Among 3,306 UK Gender Identity Development Service patients included the Cass Review analysis, fewer than 10 patients detransitioned to their birth-registered gender. Questions about the benefits of puberty-blocking medications gained fresh attention in October when the author of a federally funded study was quoted as saying she had delayed publication of some of her results because of fears that they would be “weaponized” in a heated political climate. Johanna Olson-Kennedy, medical director at the Center for Transyouth Health and Development at Children’s Hospital of Los Angeles, said that in the study , which she helped lead, puberty blockers did not appear to improve the mental health of 95 children ages 8 to 16 who were followed for two years to understand their mental and physical functioning as doctors used the medications to delay the physical changes associated with puberty. Some advocates for gender-affirming care for youth said this is a typical level of caution taken by researchers to carefully present and interpret scientific data. However, researchers said it remains critical to publish data; puberty blockers may have prevented a decline in mental health, even if they didn’t lead to improvement in mental functioning, but it’s impossible to know if the data isn’t released. If a child identifies as transgender or gender-diverse, research suggests that they know their gender as clearly and consistently as their peers who identify as cisgender or the gender they were assigned at birth, even if it conflicts with other people’s expectations about what a typical “boy” or “girl” is. Some critics of the process suggest that children should wait until adulthood to transition, but the American Academy of Pediatrics says in its guidelines that this approach is “outdated,” in part because it assumes that gender identity becomes fixed at a certain age, and the approach is based on “binary notions of gender in which gender diversity and fluidity is pathologized.” The group also argues that the approach was based on early studies with methodological flaws, limited follow-up and validity concerns. More recent research shows that “rather than focusing on who a child will become, valuing them for who they are, even at a young age, fosters secure attachment and resilience, not only for the child but also for the whole family.” Wald says that waiting to transition can create additional psychological distress for a child and can raise their risk of depression, suicidality, self-harm or substance misuse. “Withholding intervention means that the child is going to go through a puberty that is discordant with their gender identity and would ultimately mean that later, at the age of 18, there would be changes to their body that they would make it even more difficult,” she said. “These children and teens can be incredibly resilient,” Wald added. “With support and access to care, they will thrive and can be just as successful as any kid.” A 2022 analysis of data from the US Centers for Disease Control and Prevention Behavioral Risk Factor Surveillance System and its Youth Risk Behavior Survey found that a tiny fraction of people in the United States – about 0.6% of those 13 and older, or about 1.6 million people – identify as transgender, according to the Williams Institute , a think tank at UCLA Law that provides scientific research on gender identity and sexual orientation. While the percentage of adults who identify as transgender in the US has remained basically the same, the number of young people who identify as such doubled – to 300,000 – from the last time the Williams Institute did the research in 2016 and 2017. It may not be a direct comparison, however, as the Williams Institute’s previous survey did not have survey data for younger teens and had to use statistical modeling to extrapolate based on adult data. The report cannot explain why more young people may be identifying as transgender, but it notes that more data has become available about this population. CNN’s Brenda Goodman, Meg Tirrell and Kristen Rogers contributed to this report.Hub Group declares $0.125 dividend
WILLIAMSPORT — If a social media chat thread can be believed, a fatal shooting outside a Williamsport area restaurant in March could have been worse. That possibility was revealed in new state police charges filed against Ibn Hakiem Hunter, 19, in connection with the March 2 fatal shooting outside the Fridays restaurant in the Williamsport suburb of Loyalsock Twp. Hunter, whose address now is listed as Easton, was returned Wednesday from New Jersey where he was arrested and jailed in lieu of $75,000 bail. Stories by John Beauge Georgia teacher had inappropriate online relationship with Pa. teen: police Dauphin County court sets plea date for former Pa. city administrator accused of misusing funds Lawsuit accuses Penn State of slanting sexual misconduct probes in favor of female students Mistrial declared in sexual misconduct trial of suspended Pa. high school principal
