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A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her, court records show. They're due back in Ramsey County District Court in St. Paul on Dec. 16. According to the criminal complaints, a Lululemon investigator had been tracking the pair even before police first confronted them on Nov. 14 at a store in suburban Roseville. The investigator told police the couple were responsible for hundreds of thousands of dollars in losses across the country, the complaints said. They would steal items and make fraudulent returns, it said. Police found suitcases containing more than $50,000 worth of Lululemon clothing when they searched the couple's hotel room in Bloomington, the complaint said. RELATED STORY | Florida social media influencer arrested for stealing from Target According to the investigator, they were also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut, the complaint said. Within Minnesota, they were also accused of thefts at stores in Minneapolis and the suburbs of Woodbury, Edina and Minnetonka. The investigator said the two were part of a group that would usually travel to a city and hit Lululemon stores there for two days, return to the East Coast to exchange the items without receipts for new items, take back the new items with the return receipts for credit card refunds, then head back out to commit more thefts, the complaint said. In at least some of the thefts, it said, Richards would enter the store first and buy one or two cheap items. He'd then return to the sales floor where, with help from Lawes-Richards, they would remove a security sensor from another item and put it on one of the items he had just purchased. Lawes-Richards and another woman would then conceal leggings under their clothing. They would then leave together. When the security sensors at the door went off, he would offer staff the bag with the items he had bought, while the women would keep walking out, fooling the staff into thinking it was his sensor that had set off the alarm, the complaint said. Richards' attorney declined to comment. Lawes-Richards' public defender did not immediately return a call seeking comment Monday. "This outcome continues to underscore our ongoing collaboration with law enforcement and our investments in advanced technology, team training and investigative capabilities to combat retail crime and hold offenders accountable," Tristen Shields, Lululemon's vice president of asset protection, said in a statement. "We remain dedicated to continuing these efforts to address and prevent this industrywide issue." The two are being prosecuted under a state law enacted last year that seeks to crack down on organized retail theft. One of its chief authors, Sen. Ron Latz, of St. Louis Park, said 34 states already had organized retail crime laws on their books. "I am glad to see it is working as intended to bring down criminal operations," Latz said in a statement. "This type of theft harms retailers in myriad ways, including lost economic activity, job loss, and threats to worker safety when crime goes unaddressed. It also harms consumers through rising costs and compromised products being resold online." Two Minnesota women were also charged under the new law in August. They were accused of targeting a Lululemon store in Minneapolis.No. 13 Texas A&M routs Abilene Christian 92-54, Taylor moves into 2nd in Aggies' all-time scoring
First Title 17 battery loan guarantee to be funded under the current administration after an application and approval process that began in January 2021 TURTLE CREEK, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the "Company”), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that it has received the first loan advance from the Department of Energy's (DOE) Loan Programs Office in the amount of $68.3 million. The loan advance, which covers 80% of eligible costs incurred to date on the Mon Valley Works expansion project, represents the maximum allowable amount under the program at this time. The loan advance covers both capital expenditures and project associated operating expenses incurred as part of the Company's production expansion plans related to Project AMAZE in the Mon Valley Works. These funds support Eos' ongoing efforts to enhance its operational capacity and further its strategic growth objectives. "Our first state-of-the-art manufacturing line has been operational since June 2024, and this funding is a significant milestone towards expanding our manufacturing capacity and being able to procure line 2,” said Nathan Kroeker, Eos Chief Financial Officer. "The loan proceeds from the DOE, coupled with our strategic partnership and investment from Cerberus Capital Management, facilitates our growth plans to capitalize on the growing need for long duration energy storage solutions.” This announcement comes on the heels of 616 MWh in new customer orders and an announced partnership with FlexGen to address a preliminary 50 GWh market opportunity, highlighting the growing demand for American-made long duration energy storage. About Eos Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough ZnythTM aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable-and manufactured in the U.S-it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3- to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com . Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, contribution margins, orders backlog and opportunity pipeline for the fiscal year ended December 31, 2024, our path to profitability and strategic outlook, the tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act of 2022, the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds therefrom, the DOE loan and statements regarding the receipt of funds under the DOE loan and the anticipated use of proceeds therefrom, obtaining the requisite approvals from the DOE to receive guarantees under the loan guarantee agreement, our ability to meet the applicable conditions precedent under the loan guarantee agreement, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management's beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future, including the discretionary revolving facility from Cerberus; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers' ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; uncertainties around our ability to meet the applicable conditions precedent to any funding under the DOE loan; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; risks resulting from the impact of global pandemics, including the novel coronavirus, Covid-19; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company's most recent filings with the Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.Caitlin Clark gathers attention at G-League game: Her presence dominates the court off itIt was a murder case almost everyone had an opinion on. O.J. Simpson ‘s “trial of the century” over the 1994 killings of his ex-wife and her friend bared divisions over race and law enforcement in America and brought an intersection of sports, crime, entertainment and class that was hard to turn away from. In a controversial verdict, the football star-turned-actor was acquitted in the criminal trial but later found civilly liable in the deaths of Nicole Brown Simpson and Ronald Goldman. Years later, he served nine years in prison on unrelated charges. His death in April brought an end to a life that had become defined by scrutiny over the killings. But he was just one of many influential and noteworthy people who died in 2024. Here is a roll call of some noteworthy figures who died in 2024 (cause of death cited for younger people, if available): Zvi Zamir, 98. A former director of Israel’s Mossad spy service who warned that Israel was about to be attacked on the eve of the 1973 Mideast war. Jan. 2. David Soul, 80. The actor-singer was a 1970s heartthrob who co-starred as the blond half of the crime-fighting duo “Starsky & Hutch” and topped the music charts with the ballad “Don’t Give Up on Us.” Jan. 4. Franz Beckenbauer, 78. He won the World Cup both as a player and coach and became one of Germany’s most beloved personalities with his easygoing charm. Jan. 7. Jack Burke Jr., 100. He was the oldest living Masters champion and staged the greatest comeback ever at Augusta National for one of his two majors. Jan. 19. Marlena Shaw, 81. The jazz and R&B vocalist whose “California Soul” was one of the defining soul songs of the late 1960s. Jan. 19. Mary Weiss, 75. The lead singer of the 1960s pop group the Shangri-Las, whose hits included “Leader of the Pack.” Jan. 19. Dexter Scott King, 62. He dedicated much of his life to shepherding the civil rights legacy of his parents, the Rev. Martin Luther King Jr. and Coretta Scott King. Jan. 22. N. Scott Momaday, 89. A Pulitzer Prize-winning storyteller, poet, educator and folklorist whose debut novel “House Made of Dawn” is widely credited as the starting point for contemporary Native American literature. Jan. 24. Herbert Coward, 85. He was known for his “Toothless Man” role in the movie “Deliverance.” Jan. 24. Car crash. Carl Weathers, 76. A former NFL linebacker who became a Hollywood action movie and comedy star, playing nemesis-turned-ally Apollo Creed in the “Rocky” movies, starring with Arnold Schwarzenegger in “Predator” and teaching golf in “Happy Gilmore.” Feb. 1. Bob Beckwith, 91. A retired firefighter whose chance encounter with the president amid the rubble of ground zero became part of an iconic image of American unity after the Sept. 11 terrorist attacks. Feb. 4. Toby Keith, 62. A hit country crafter of pro-American anthems who both riled up critics and was loved by millions of fans. Feb. 5. Stomach cancer. John Bruton, 76. A former Irish prime minister who played a key role in bringing peace to Northern Ireland. Feb. 6. Alexei Navalny, 47. The fiercest foe of Russian President Vladimir Putin who crusaded against official corruption and staged massive anti-Kremlin protests. Feb. 16. Lefty Driesell, 92. The Hall of Fame coach whose folksy drawl belied a fiery on-court demeanor that put Maryland on the college basketball map and enabled him to rebuild several struggling programs. Feb. 17. Hydeia Broadbent, 39. The HIV/AIDS activist came to national prominence in the 1990s as a young child for her inspirational talks to reduce the stigma surrounding the virus she was born with. Feb. 20. Richard Lewis, 76. An acclaimed comedian known for exploring his neuroses in frantic, stream-of-consciousness diatribes while dressed in all-black, leading to his nickname “The Prince of Pain.” Feb. 27. Nikolai Ryzhkov, 94. A former Soviet prime minister who presided over botched efforts to shore up the crumbling national economy in the final years of the USSR. Feb. 28. Brian Mulroney, 84. The former Canadian prime minister forged close ties with two Republican U.S. presidents through a sweeping free trade agreement that was once vilified but is now celebrated. Feb. 29. Chris Mortensen, 72. The award-winning journalist covered the NFL for close to four decades, including 32 as a senior analyst at ESPN. March 3. David E. Harris, 89. He flew bombers for the U.S. military and broke barriers in 1964 when he became the first Black pilot hired at a major U.S. airline. March 8. Eric Carmen, 74. The singer-songwriter fronted the power-pop 1970s band the Raspberries and later had soaring pop hits like “All by Myself” and “Hungry Eyes” from the hit “Dirty Dancing” soundtrack. March 11. David Mixner, 77. A longtime LGBTQ+ activist who was an adviser to Bill Clinton during his presidential campaign and later called him out over the “Don’t Ask, Don’t Tell” policy regarding gay, lesbian, bisexual, transgender or queer personnel in the military. March 11. Joe Lieberman, 82. The former U.S. senator of Connecticut nearly won the vice presidency on the Democratic ticket with Al Gore in the disputed 2000 election and almost became Republican John McCain’s running mate eight years later. March 27. Complications from a fall. Louis Gossett Jr., 87. The first Black man to win a supporting actor Oscar and an Emmy winner for his role in the seminal TV miniseries “Roots.” March 28. Lou Conter, 102. The last living survivor of the USS Arizona battleship that exploded and sank during the Japanese bombing of Pearl Harbor. April 1. The Rev. Cecil L. “Chip” Murray, 94. An influential pastor and civil rights leader who used his tenure at one of Los Angeles’ oldest churches to uplift the predominantly Black neighborhoods following one of the country’s worst race riots. April 5. Peter Higgs, 94. The Nobel prize-winning physicist proposed the existence of the so-called “God particle” that helped explain how matter formed after the Big Bang. April 8. Ralph Puckett Jr., 97. A retired Army colonel awarded the Medal of Honor seven decades after he was wounded leading a company of outnumbered Army Rangers in battle during the Korean War. April 8. O.J. Simpson, 76. The decorated football superstar and Hollywood actor who was acquitted of charges he killed his former wife and her friend but later found liable in a separate civil trial. April 10. William Strickland, 87. A longtime civil rights activist and supporter of the Black Power movement who worked with Malcolm X and other prominent leaders in the 1960s. April 10. Faith Ringgold, 93. An award-winning author and artist who broke down barriers for Black female artists and became famous for her richly colored and detailed quilts combining painting, textiles and storytelling. April 12. Carl Erskine, 97. He pitched two no-hitters as a mainstay on the Brooklyn Dodgers and was a 20-game winner in 1953 when he struck out a then-record 14 in the World Series. April 16. Dickey Betts, 80. The guitar legend who co-founded the Allman Brothers Band and wrote their biggest hit, “Ramblin’ Man.” April 18. Roman Gabriel, 83. The first Filipino-American quarterback in the NFL and the league MVP in 1969. April 20. Duane Eddy, 86. A pioneering guitar hero whose reverberating electric sound on instrumentals such as “Rebel Rouser” and “Peter Gunn” helped put the twang in early rock ‘n’ roll and influenced George Harrison, Bruce Springsteen and countless others. April 30. Bernard Hill, 79. An actor who delivered a rousing cry before leading his people into battle in “The Lord of the Rings: The Return of the King” and went down with the ship as the captain in “Titanic.” May 5. Steve Albini, 61. An alternative rock pioneer and legendary producer who shaped the musical landscape through his work with Nirvana, the Pixies, PJ Harvey and more. May 7. Pete McCloskey, 96. A pro-environment, anti-war California Republican who co-wrote the Endangered Species Act and co-founded Earth Day. May 8. Roger Corman, 98. The “King of the Bs” helped turn out such low-budget classics as “Little Shop of Horrors” and “Attack of the Crab Monsters” and gave many of Hollywood’s most famous actors and directors early breaks. May 9. Peter Buxtun, 86. The whistleblower who revealed that the U.S. government allowed hundreds of Black men in rural Alabama to go untreated for syphilis in what became known as the Tuskegee study. May 18. Bill Walton, 71. He starred for John Wooden’s UCLA Bruins before becoming a Hall of Fame center for his NBA career and one of the biggest stars in basketball broadcasting. May 27. The Rev. James Lawson Jr., 95. An apostle of nonviolent protest who schooled activists to withstand brutal reactions from white authorities as the Civil Rights Movement gained traction. June 9. Lynn Conway, 86. A pioneer in the design of microchips that are at the heart of consumer electronics who overcame discrimination as a transgender person. June 9. Jerry West, 86. Selected to the Basketball Hall of Fame three times in a storied career as a player and executive, his silhouette is considered to be the basis of the NBA logo. June 12. Willie Mays, 93. The electrifying “Say Hey Kid” whose singular combination of talent, drive and exuberance made him one of baseball’s greatest and most beloved players. June 18. Donald Sutherland, 88. The Canadian actor whose wry, arresting screen presence spanned more than half a century of films from “M.A.S.H.” to “The Hunger Games.” June 20. Shelley Duvall, 75. The intrepid, Texas-born movie star whose wide-eyed, winsome presence was a mainstay in the films of Robert Altman and who co-starred in Stanley Kubrick’s “The Shining.” July 11. Shannen Doherty, 53. The “Beverly Hills, 90210” star whose life and career were roiled by illness and tabloid stories. July 13. Richard Simmons, 76. He was television’s hyperactive court jester of physical fitness who built a mini-empire in his trademark tank tops and short shorts by urging the overweight to exercise and eat better. July 13. James Sikking, 90. He starred as a hardened police lieutenant on “Hill Street Blues” and as the titular character’s kindhearted dad on “Doogie Howser, M.D.” July 13. Cheng Pei-pei, 78. A Chinese-born martial arts film actor who starred in Ang Lee’s “Crouching Tiger, Hidden Dragon.” July 17. Bob Newhart, 94. The deadpan accountant-turned-comedian became one of the most popular TV stars of his time after striking gold with a classic comedy album. July 18. Lou Dobbs, 78. The conservative political pundit and veteran cable TV host was a founding anchor for CNN and later was a nightly presence on Fox Business Network for more than a decade. July 18. Abdul “Duke” Fakir, 88. The last surviving original member of the beloved Motown group the Four Tops, which was known for such hits as “Reach Out, I’ll Be There” and “Standing in the Shadows of Love.” July 22. Jack Russell, 63. The lead singer of the bluesy ’80s metal band Great White, whose hits included “Once Bitten Twice Shy” and “Rock Me,” and who was fronting his band the night 100 people died in a 2003 nightclub fire in Rhode Island. Aug. 7. Juan “Chi Chi” Rodriguez, 88. A Hall of Fame golfer whose antics on the greens and inspiring life story made him among the sport’s most popular players during a long professional career. Aug. 8. Susan Wojcicki, 56. A pioneering tech executive who helped shape Google and YouTube. Aug. 9. Wallace “Wally” Amos, 88. The creator of the Famous Amos cookie empire went on to become a children’s literacy advocate. Aug. 13. Phil Donahue, 88. His pioneering daytime talk show launched an indelible television genre that brought success to Oprah Winfrey, Montel Williams, Ellen DeGeneres and many others. Aug. 18. Ruth Johnson Colvin, 107. She founded Literacy Volunteers of America, was inducted into the National Women’s Hall of Fame and received the nation’s highest civilian award: the Presidential Medal of Freedom. Aug. 18. Al Attles, 87. A Hall of Famer who coached the 1975 NBA champion Warriors and spent more than six decades with the organization as a player, general manager and most recently team ambassador. Aug. 20. John Amos, 84. He starred as the family patriarch on the hit 1970s sitcom “Good Times” and earned an Emmy nomination for his role in the seminal 1977 miniseries “Roots.” Aug. 21. Leonard Riggio, 83. A brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller before it was overtaken by the rise of Amazon.com. Aug. 27. Edward B. Johnson, 81. As a CIA officer, he traveled into Iran with a colleague to rescue six American diplomats who fled the 1979 U.S. Embassy takeover in Tehran. Aug. 27. Johnny Gaudreau, 31. An NHL player known as “Johnny Hockey,” he played 10 full seasons in the league. Aug. 29. Killed along with his brother when hit by a car while riding bicycles. James Earl Jones, 93. He overcame racial prejudice and a severe stutter to become a celebrated icon of stage and screen, eventually lending his deep, commanding voice to CNN, “The Lion King” and Darth Vader. Sept. 9. Tito Jackson, 70. One of the brothers who made up the beloved pop group the Jackson 5. Sept. 15. John Ashton, 76. The veteran character actor who memorably played the gruff but lovable police detective John Taggart in the “Beverly Hills Cop” films. Sept. 26. Maggie Smith, 89. The masterful, scene-stealing actor who won an Oscar for the 1969 film “The Prime of Miss Jean Brodie” and gained new fans in the 21st century as the dowager Countess of Grantham in “Downton Abbey” and Professor Minerva McGonagall in the Harry Potter films. Sept. 27. Hassan Nasrallah, 64. The Hezbollah leader who transformed the Lebanese militant group into a potent paramilitary and political force in the Middle East. Sept. 27. Killed in an Israeli airstrike. Kris Kristofferson, 88. A Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and an A-list Hollywood actor. Sept. 28. Pete Rose, 83. Baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame dreams by gambling on the game he loved and once embodied. Sept. 30. Lilly Ledbetter, 86. A former Alabama factory manager whose lawsuit against her employer made her an icon of the equal pay movement and led to landmark wage discrimination legislation. Oct. 12. Thelma Mothershed Wair, 83. One of nine Black students who integrated a high school in Arkansas’ capital city of Little Rock in 1957 while a mob of white segregationists yelled threats and insults. Oct. 19. Fernando Valenzuela, 63. The Mexican-born phenom for the Los Angeles Dodgers who inspired “Fernandomania” while winning the NL Cy Young Award and Rookie of the Year in 1981. Oct. 22. Phil Lesh, 84. A classically trained violinist and jazz trumpeter who found his true calling by reinventing the role of rock bass guitar as a founding member of the Grateful Dead. Oct. 25. Teri Garr, 79. The quirky comedy actor rose from background dancer in Elvis Presley movies to co-star in such favorites as “Young Frankenstein” and “Tootsie.” Oct. 29. Multiple sclerosis. Quincy Jones, 91. The multi-talented music titan whose vast legacy ranged from producing Michael Jackson’s historic “Thriller” album to writing prize-winning film and television scores and collaborating with Frank Sinatra, Ray Charles and hundreds of other recording artists. Nov. 3. Bernard “Bernie” Marcus, 95. The co-founder of The Home Depot, a billionaire philanthropist, and a big Republican donor. Nov. 4. Timothy West, 90. A British actor who played the classic Shakespeare roles of King Lear and Macbeth and who in recent years along with his wife, Prunella Scales, enchanted millions of people with their boating exploits on Britain’s waterways. Nov. 12. Bela Karolyi, 82. The charismatic, if polarizing, gymnastics coach turned young women into champions and the United States into an international power in the sport. Nov. 15. Chuck Woolery, 83. The affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19. Nov. 23. Prince Johnson, 72. The Liberian former warlord and senator whose brutal tactics shocked the world. Nov. 28. Ananda Krishnan, 86. One of Malaysia’s richest tycoons with a vast business empire including telecommunications, media, petroleum and real estate. Nov. 28. Lou Carnesecca, 99. The excitable St. John’s coach whose outlandish sweaters became an emblem of his team’s rousing Final Four run in 1985 and who was a treasured figure in New York sports. Nov. 30. Debbie Nelson, 69. The single mother of rapper Eminem whose rocky relationship with her son was known widely through his hit song lyrics. Dec. 2. Tsuneo Watanabe, 98. The powerful head of the Yomiuri Shimbun, Japan’s largest newspaper, who had close ties with the country’s powerful conservative leaders. Dec. 19. Rickey Henderson, 65. The baseball Hall of Famer was the brash speedster who shattered stolen base records and redefined baseball’s leadoff position. Dec. 20. Shyam Benegal, 90. A renowned Indian filmmaker known for pioneering a new wave cinema movement that tackled social issues in the 1970s. Dec. 23. Osamu Suzuki, 94. The charismatic former boss of Suzuki Motor Corp. helped turn the Japanese mini-vehicle maker into a globally competitive company. Dec. 25. Manmohan Singh, 92. India’s former prime minister who was widely regarded as the architect of India’s economic reform program and a landmark nuclear deal with the United States. Dec. 26. Richard Parsons, 76. One of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup. Dec. 26.
Syria’s embassy in Lebanon suspended consular services Saturday, a day after two relatives of were arrested at the Beirut airport with allegedly forged passports. Also on Saturday, Lebanese authorities handed over dozens of Syrians — including former officers in the Syrian army under Assad — to the new Syrian authorities after they were caught illegally entering Lebanon, a war monitor and Lebanese officials said. The embassy announced on its Facebook page that consular work was suspended “until further notice” at the order of the Syrian foreign ministry. The announcement did not give a reason for the suspension. Two Lebanese security officials, who spoke on condition of anonymity because they were not authorized to speak publicly, said the suspension was ordered because the at the embassy. Assad’s uncle, Rifaat Assad — who has been indicted in Switzerland on charges of war crimes and crimes against humanity — had flown out the day before on his real passport and was not stopped, the officials said. The U.K.-based Syrian Observatory for Human Rights reported Saturday that 70 Syrians, including former army officers, were handed over by a Lebanese security delegation to the security forces of the new Syrian government, led by the former insurgent group Hayat Tahrir al-Sham, or HTS. Three Lebanese judicial officials, speaking on condition of anonymity, confirmed the report. Regional countries have been quick to establish ties with Syria’s new rulers. Delegations of Libyan and Bahraini officials arrived in Damascus on Saturday on official visits. HTS leader Ahmad al-Sharaa, formerly known as Abu Mohammed al-Golani, has largely succeeded in calming fears within and outside of Syria that his group would unleash collective punishment against communities that supported Assad’s rule or attempt to impose strict Islamic law on the country’s religious minorities. However, in recent days, sporadic clashes have broken out between the HTS-led security forces and pro-Assad armed groups. The country’s new security forces have launched a series of raids targeting officials affiliated with Assad and have set up checkpoints in areas with significant populations of the Alawite religious minority to which the former president belongs to search for weapons. There have also been ongoing tensions and clashes in northeastern Syria between Kurdish-led forces and armed groups backed by Turkey. Many Kurds have viewed the new order in Damascus, which appears to have strengthened Turkey’s hand in Syria, with anxiety. Ankara sees the Kurdish-led Syrian Democratic Forces — a key U.S. ally in the fight against the Islamic State group — as an affiliate of its sworn enemy, the Kurdistan Workers’ Party, or PKK, which it classifies as a terrorist organization. The U.S. State Department said Saturday that Secretary of State Antony Blinken had spoken with Turkish Foreign Minister Hakan Fidan to “discuss the latest developments in Syria.” “Secretary Blinken emphasized the need to support a Syrian-led and Syrian-owned political process that upholds human rights and prioritizes an inclusive and representative government,” the statement said, adding that they “also discussed the shared goal of preventing terrorism from endangering the security” of Turkey and Syria. On Saturday, hundreds of protesters convened by Kurdish women’s groups participated in a demonstration in the northeastern city of Hasaka to demand women’s rights in the new Syria. Perishan Ramadan, a participant from Hasaka, said the new government “is worse than Bashar” and that its leaders are Islamist extremists who “don’t accept any role for women.” While the country’s new leaders have not attempted to impose Islamic dress or other conventions, it remains to be seen what role women will have in the new order and whether they will hold political or government positions. “Women must be present in the new constitution for Syria,” said Rihan Loqo, spokeswoman for the Kongra Star women’s organization. “... Women’s rights should not be ignored.” ___NEW YORK (AP) — U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are rising toward records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. General Motors sank 8.2%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.9%. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support to the job market . While lower interest rates can boost the overall economy and prices for investments, they can also offer more fuel for inflation. “Many” officials at the Fed's last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates instituted by the Fed to get inflation under control. Kohl’s tumbled 17.6% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.7% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 after topping analysts' expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury climbed to 4.30% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It's since dipped back toward $91,600, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get the latest local business news delivered FREE to your inbox weekly.ATLANTA (AP) — Deliberations are underway in Atlanta after a year of testimony in the gang and racketeering trial that originally included the rapper Young Thug. Jurors are considering whether to convict Shannon Stillwell and Deamonte Kendrick, who raps as Yak Gotti, on gang, murder, drug and gun charges. The original indictment charged 28 people with conspiring to violate Georgia’s Racketeer Influenced and Corrupt Organizations Act. Opening statements in the trial for six of those defendants happened a year ago . Four of them, including Young Thug, pleaded guilty last month. The rapper was freed on probation. Stillwell and Kendrick rejected plea deals after more than a week of negotiations, and their lawyers chose not to present evidence or witnesses. Both seemed to be in good spirits Tuesday morning after closings wrapped the previous night. Kendrick was chatting and laughing with Stillwell and his lawyers before the jury arrived for instructions. The jury started deliberating Tuesday afternoon and was dismissed at 5 p.m. Jurors are expected to resume deliberations Wednesday morning. If they don’t reach a verdict by 3 p.m. Wednesday, the judge will send them home for the Thanksgiving weekend and they will return Monday morning. Kendrick and Stillwell were charged in the 2015 killing of Donovan Thomas Jr., also known as “Big Nut,” in an Atlanta barbershop. Prosecutors painted Stillwell and Kendrick as members of a violent street gang called Young Slime Life, or YSL, co-founded in 2012 by Young Thug, whose real name is Jeffery Williams. During closings on Monday, they pointed to tattoos, song lyrics and social media posts they said proved members, including Stillwell, admitted to killing people in rival gangs. Prosecutors say Thomas was in a rival gang. Stillwell was also charged in the 2022 killing of Shymel Drinks, which prosecutors said was in retaliation for the killing of two YSL associates days earlier. Defense attorneys Doug Weinstein and Max Schardt said the state presented unreliable witnesses, weak evidence and cherry-picked lyrics and social media posts to push a false narrative about Stillwell, Kendrick and the members of YSL. Schardt, Stillwell's attorney, reminded the jury that alleged YSL affiliates said during the trial that they had lied to police. Law enforcement played a “sick game” by promising they would escape long prison sentences if they said what police wanted them to say, Schardt said. He theorized that one of those witnesses could have killed Thomas. The truth is that their clients were just trying to escape poverty through music, Schardt said. “As a whole, we know the struggles that these communities have had,” Schardt said. “A sad, tacit acceptance that it’s either rap, prison or death.” Young Thug’s record label is also known as YSL, an acronym of Young Stoner Life. Kendrick was featured on two popular songs from the label’s compilation album Slime Language 2, “Take It to Trial" and “Slatty," which prosecutors presented as evidence in the trial. Weinstein, Kendrick’s defense attorney, said during closings it was wrong for prosecutors to target the defendants for their music and lyrics. Prosecutor Simone Hylton disagreed, and said surveillance footage and phone evidence supported her case. “They have the audacity to think they can just brag about killing somebody and nobody’s gonna hold them accountable,” Hylton said. The trial had more than its fair share of delays. Jury selection took nearly 10 months , and Stillwell was stabbed last year at the Fulton County jail, which paused trial proceedings. Judge Paige Reese Whitaker took over after Fulton County Superior Court Chief Judge Ural Glanville was removed from the case in July because he had a meeting with prosecutors and a state witness without defense attorneys present. Whitaker often lost patience with prosecutors over moves such as not sharing evidence with defense attorneys, once accusing them of “poor lawyering.” But the trial sped up under her watch. In October, four defendants, including Young Thug , pleaded guilty, with the rapper entering a non-negotiated or “blind” plea, meaning he didn't have a deal worked out with prosecutors. Nine people charged in the indictment, including rapper Gunna , accepted plea deals before the trial began. Charges against 12 others are pending. Prosecutors dropped charges against one defendant after he was convicted of murder in an unrelated case. Kramon is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Kramon on X: @charlottekramon
SANTA CLARA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2025 ended October 31, 2024. Revenue for the third quarter of fiscal 2025 was $82.7 million, up 63% from $50.6 million in the same period in fiscal 2024. For the nine months ended October 31, 2024, revenue was $200.9 million, up 15% from $174.9 million for the nine months ended October 31, 2023. Gross margin under U.S. generally accepted accounting principles (GAAP) for the third quarter of fiscal 2025 was 60.6%, compared with 59.3% for the same period in fiscal 2024. For the nine months ended October 31, 2024, GAAP gross margin was 60.7%, compared with 60.6% for the nine months ended October 31, 2023. GAAP net loss for the third quarter of fiscal 2025 was $24.1 million, or loss per diluted ordinary share of $0.58, compared with GAAP net loss of $41.7 million, or loss per diluted ordinary share of $1.04, for the same period in fiscal 2024. GAAP net loss for the nine months ended October 31, 2024 was $96.9 million or loss per diluted ordinary share of $2.36. This compares with GAAP net loss of $108.8 million, or loss per diluted ordinary share of $2.74, for the nine months ended October 31, 2023. Financial results on a non-GAAP basis for the third quarter of fiscal 2025 are as follows: Gross margin on a non-GAAP basis for the third quarter of fiscal 2025 was 62.6%, compared with 62.6% for the same period in fiscal 2024. For the nine months ended October 31, 2024, non-GAAP gross margin was 63.0%, compared with 63.5% for the nine months ended October 31, 2023. Non-GAAP net income for the third quarter of fiscal 2025 was $4.5 million, or earnings per diluted ordinary share of $0.11. This compares with non-GAAP net loss of $11.2 million, or loss per diluted ordinary share of $0.28, for the same period in fiscal 2024. Non-GAAP net loss for the nine months ended October 31, 2024 was $11.6 million, or loss per diluted ordinary share of $0.28. This compares with non-GAAP net loss of $23.2 million, or loss per diluted ordinary share of $0.59, for the nine months ended October 31, 2023. Based on information available as of today, Ambarella is offering the following guidance for the fourth quarter of fiscal year 2025, ending January 31, 2025: Revenue is expected to be between $76.0 million and $80.0 million. Gross margin on a non-GAAP basis is expected to be between 61.5% and 63.0%. Operating expenses on a non-GAAP basis are expected to be between $49.0 million and $52.0 million. Ambarella reports gross margin, net income (loss) and earnings (losses) per share in accordance with GAAP and, additionally, on a non-GAAP basis. Non-GAAP financial information excludes the impact of stock-based compensation, acquisition-related costs and restructuring expense adjusted for the associated tax impact, which includes the effect of any benefits or shortfalls recognized. Non-GAAP financial information also excludes the impact of the release of a valuation allowance on certain deferred tax assets. A reconciliation of the GAAP to non-GAAP gross margin, net income (loss) and earnings (losses) per share for the periods presented, as well as a description of the items excluded from the non-GAAP calculations, is included in the financial statements portion of this press release. Total cash, cash equivalents and marketable debt securities on hand at the end of the third quarter of fiscal 2025 was $226.5 million, compared with $219.8 million at the end of the prior quarter and $222.3 million at the end of the same quarter a year ago. “Company specific factors are more than offsetting broad market weakness, and we are reporting 30% sequential revenue growth in fiscal Q3, above the high-end of our guidance range, with strength led again by our customers’ new products, especially those incorporating our higher priced AI inference processors. Edge AI revenue represented about 70% of our total revenue, establishing a new record level, and this momentum is expected to enable growth in both our IoT and Auto markets in F2025 and F2026,” said Fermi Wang, President and CEO. “With the anticipated revenue growth, we intend to drive positive operating leverage and build upon our 15 consecutive fiscal years of positive free-cash-flow.” Quarterly Conference Call Ambarella plans to hold a conference call at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time today with Fermi Wang, President and Chief Executive Officer, and John Young, Chief Financial Officer, to discuss the third quarter of fiscal year 2025 results. A live and archived webcast of the call will be available on Ambarella’s website at http://www.ambarella.com/ for up to 30 days after the call. About Ambarella Ambarella’s products are used in a wide variety of human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, fusion and planning. For more information, please visit www.ambarella.com . "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements that are not historical facts and often can be identified by terms such as “outlook,” “projected,” “intends,” “will,” “estimates,” “anticipates,” “expects,” “believes,” “could,” “should,” or similar expressions, including the guidance for the fourth quarter of fiscal year 2025 ending January 31, 2025, and the comments of our CEO relating to our expectation of future revenue growth, customer demand for our edge AI inference products, the growth potential of our new products, and our ability to generate positive free-cash flow in future periods. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. Our actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of our future performance. The risks and uncertainties referred to above include, but are not limited to, global economic and political conditions, including possible trade tariffs and restrictions; revenue being generated from new customers or design wins, neither of which is assured; the commercial success of our customers’ products; our customers’ ability to manage their inventory requirements; our growth strategy; our ability to anticipate future market demands and future needs of our customers, particularly for AI inference applications; our ability to introduce, and to generate revenue from, new and enhanced solutions; our ability to develop, and to generate revenue from, new advanced technologies, such as computer vision, AI functionality and advanced networks, including vision-language models and GenAI; our ability to retain and expand customer relationships and to achieve design wins; the expansion of our current markets and our ability to successfully enter new markets, such as the OEM automotive and robotics markets; anticipated trends and challenges, including competition, in the markets in which we operate; risks associated with global health conditions and associated risk mitigation measures; our ability to effectively manage growth; our ability to retain key employees; and the potential for intellectual property disputes or other litigation. Further information on these and other factors that could affect our financial results is included in the company’s Annual Report on Form 10-K for our 2024 fiscal year, which is on file with the Securities and Exchange Commission. Additional information will also be set forth in the company’s quarterly reports on Form 10-Q, annual reports on Form 10-K and other filings the company makes with the Securities and Exchange Commission from time to time, copies of which may be obtained by visiting the Investor Relations portion of our web site at www.ambarella.com or the SEC's web site at www.sec.gov . Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. The results we report in our Quarterly Report on Form 10-Q for the third fiscal quarter ended October 31, 2024 could differ from the preliminary results announced in this press release. Ambarella assumes no obligation and does not intend to update the forward-looking statements made in this press release, except as required by law. Non-GAAP Financial Measures The company has provided in this release non-GAAP financial information, including non-GAAP gross margin, net income (loss), and earnings (losses) per share, as a supplement to the condensed consolidated financial statements, which are prepared in accordance with generally accepted accounting principles ("GAAP"). Management uses these non-GAAP financial measures internally in analyzing the company’s financial results to assess operational performance and liquidity. The company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance and when planning, forecasting and analyzing future periods. Further, the company believes these non-GAAP financial measures are useful to investors because they allow for greater transparency with respect to key financial metrics that the company uses in making operating decisions and because the company believes that investors and analysts use them to help assess the health of its business and for comparison to other companies. Non-GAAP results are presented for supplemental informational purposes only for understanding the company’s operating results. The non-GAAP information should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from non-GAAP measures used by other companies. With respect to its financial results for the third quarter of fiscal year 2025, the company has provided below reconciliations of its non-GAAP financial measures to its most directly comparable GAAP financial measures. With respect to the company’s expectations for the fourth quarter of fiscal year 2025, a reconciliation of non-GAAP gross margin and non-GAAP operating expenses guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability and low visibility with respect to the charges excluded from these non-GAAP measures. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results. The following tables present details of stock-based compensation, acquisition-related costs and restructuring expense included in each functional line item in the condensed consolidated statements of operations above: The difference between GAAP and non-GAAP gross margin was 2.0% and 3.3%, or $1.7 million and $1.7 million, for the three months ended October 31, 2024 and October 31, 2023, respectively. The difference between GAAP and non-GAAP gross margin was 2.3% and 2.9%, or $4.6 million and $5.0 million, for the nine months ended October 31, 2024 and October 31, 2023, respectively. The differences were due to the effect of stock-based compensation, amortization of acquisition-related costs and restructuring expense. Contact: Louis Gerhardy 408.636.2310 lgerhardy@ambarella.comNew collagen-based dermal matrix designed for tissue generation, complementary to RECELL and PermeaDerm Cohealyx expected to triple AVITA Medical's addressable market in burns VALENCIA, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. RCEL AVH ), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for Cohealyx TM , a new collagen-based dermal matrix branded by AVITA Medical and co-developed with Regenity Biosciences. Cohealyx is designed for tissue integration and revascularization to facilitate wound healing, reduce treatment timelines, and improve patient outcomes in the treatment of full-thickness wounds. Burns and full-thickness wounds penetrate all layers of the skin, resulting in significant tissue loss and structural damage. Unlike superficial wounds, full-thickness wounds lack the cellular components and structural support necessary to regenerate missing tissue. Without timely surgical intervention, there is heightened risk of delayed closure, infection, and severe scarring. Dermal matrices are essential in two-stage procedures for treating these wounds, as they support tissue generation for successful skin graft take and improve healing outcomes. Cohealyx addresses this critical need in the treatment of full-thickness wounds with an advanced bovine collagen-based design engineered to facilitate cellular migration and blood vessel formation. Preclinical studies in porcine models demonstrated that Cohealyx generated robust tissue capable of consistently supporting a split-thickness skin graft in a two-stage procedure earlier than leading dermal matrices in the study. While animal model results do not necessarily translate to clinical results, this expedited timeline is anticipated to lead to quicker wound closure and streamlined clinician workflows, resulting in shorter hospital stays, reduced treatment costs, and better patient outcomes. These parameters will be evaluated in a clinical study. "Cohealyx is a strategic addition to our RECELL-centric portfolio, unlocking the powerful synergies of RECELL and Cohealyx to address full-thickness wounds," said Jim Corbett, Chief Executive Officer of AVITA Medical. "This expansion to our product portfolio strengthens our ability to deliver superior patient outcomes and significantly expands our commercial potential in burns. By equipping clinicians with more comprehensive treatment options, we strengthen our competitive position, drive new growth opportunities, and further our commitment to advancing regenerative medicine." Cohealyx strengthens AVITA Medical's portfolio by expanding its capabilities in the treatment of full-thickness wounds. Offered alongside RECELL and PermeaDerm ® , Cohealyx enhances our comprehensive portfolio for addressing full-thickness wound care. This expanded portfolio is expected to triple AVITA Medical's addressable market in burns, as dermal matrices are a critical component of the standard two-stage surgical procedure for definitive closure of these wounds. We also anticipate Cohealyx will generate significant revenue as we penetrate the full-thickness skin defect market. AVITA Medical plans to develop clinical data for Cohealyx in early 2025 to build on the preclinical success and support the product's commercial launch. The post-market clinical study will assess Cohealyx's performance in real-world settings, focusing on clinical efficacy and cost savings in the treatment of full-thickness wounds and burns. In the U.S., we expect to launch full commercialization efforts in the beginning of the second quarter of 2025. About AVITA Medical, Inc. AVITA Medical is a commercial-stage regenerative medicine company transforming the standard of care in wound care management and skin restoration with innovative devices. At the forefront of our platform is the RECELL System, approved by the FDA for the treatment of thermal burn wounds and full-thickness skin defects, and for repigmentation of stable depigmented vitiligo lesions. RECELL harnesses the regenerative properties of a patient's own skin to create Spray-On Skin TM Cells, delivering a transformative solution at the point-of-care. This breakthrough technology serves as the catalyst for a new treatment paradigm enabling improved clinical outcomes. In the United States, AVITA Medical also holds the exclusive rights to market, sell, and distribute PermeaDerm, a biosynthetic wound matrix, and Cohealyx, an AVITA Medical-branded collagen-based dermal matrix. In international markets, the RECELL System is approved to promote skin healing in a wide range of applications including burns, full-thickness skin defects, and vitiligo. The RECELL System, excluding RECELL GO TM , is TGA-registered in Australia, has received CE mark approval in Europe, and has PMDA approval in Japan. To learn more, visit www.avitamedical.com . About Regenity Biosciences Regenity Biosciences, a Linden Capital Partners portfolio company, is a leading global developer and manufacturer of bioresorbable technologies to repair and regenerate natural tissue and bone for a variety of markets including dental, spine, orthopaedic, sports medicine, advanced wound, neurosurgery, ENT, and nerve repair. Founded in 1997, Regenity (formerly Collagen Matrix, Inc.) is headquartered in Paramus, New Jersey, with manufacturing locations in Oakland and Allendale, New Jersey and Groningen, the Netherlands. Regenity's product portfolio includes a variety of collagen-based and synthetic polymer solutions that support the company's platform for tissue and bone regeneration. Regenity develops proprietary products that are sold to OEM customers on either a contract or private label basis and offers partnership opportunities including contract product development and manufacturing services. For more information, please visit www.regenity.com . Forward-Looking Statements Th is press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements generally may be identified by the use of words such as "anticipate," "expect," "intend," "could," "would," "may," "will," "believe," "continue," "estimate," "look forward," "forecast," "goal," "target," "project," "outlook," "guidance," "future," and similar words or expressions, and the use of future dates. Forward-looking statements include, but are not limited to, statements relating to the timing and realization of regulatory approvals of our products; physician acceptance, endorsement, and use of our products; anticipated market share growth and revenue generation from certain products; failure to achieve the anticipated benefits from approval of our products; the effect of regulatory actions; product liability claims; risks associated with international operations and expansion; and other business effects, including the effects of industry, as well as other economic or political conditions outside of the Company's control. These statements are made as of the date of this release, and the Company undertakes no obligation to publicly update or revise any of these statements, except as required by law. For additional information and other important factors that may cause actual results to differ materially from forward-looking statements, please see the "Risk Factors" section of the Company's latest Annual Report on Form 10-K and other publicly available filings for a discussion of these and other risks and uncertainties. Authorized for release by the Chief Financial Officer of AVITA Medical, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Riding a 6-game win streak, the Eagles head to Hollywood again for a rematch with the young Rams
Netherton Syndrome Treatment Market Size was the highest in the US among the 7MM was ~USD 16.02 Million in 2022, is expected to increase by 2032 12-19-2024 10:54 PM CET | Health & Medicine Press release from: ABNewswire DelveInsight's "Netherton Syndrome Market Insights, Epidemiology, and Market Forecast-2032 report offers an in-depth understanding of the Netherton Syndrome, historical and forecasted epidemiology as well as the Netherton Syndrome market trends in the United States, EU4 (Germany, Spain, Italy, France) the United Kingdom and Japan. Explore the intricate details of the Netherton Syndrome Market: Uncover drug uptake, treatment dynamics, and epidemiological trends with our comprehensive Netherton Syndrome Market Forecast. Click here to stay ahead in healthcare innovation @ Netherton Syndrome Market Size [ https://www.delveinsight.com/sample-request/netherton-syndrome-market?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=ypr ] Some of the key facts of the Netherton Syndrome Market Report * In 2022, the total Netherton syndrome Diagnosed Prevalent Cases were estimated to be approximately 3,454 cases in the 7MM. These cases are projected to increase during the forecast period. * In 2022, among the 7MM, the US accounted for the highest Netherton Syndrome Diagnosed Prevalent Cases, contributing nearly 49%, while Japan accounted for the least with nearly 4% of the total diagnosed prevalent cases. * In the US, there were approximately 1,687 of Netherton syndrome diagnosed prevalent cases in 2022. These cases are expected to increase by 2032. * In 2022, Germany ranked first among EU4 and the UK, with approximately 422 Netherton Syndrome Diagnosed Prevalent Cases, followed by France and the UK with nearly 342 and 339 cases, respectively. The total cases in EU4 and the UK are expected to increase by 2032. * In EU4 and the UK, among the Netherton Syndrome Gender-Specific Cases, there were 685 males and 959 females in 2022. These cases are expected to increase by 2032. * Among EU4 and the UK, Germany accounted for the highest number of females (246) affected by Netherton syndrome in 2022, followed by France, the UK, and others. * The leading Netherton Syndrome Companies such as Lifemax Laboratories, AnaptysBio, Janssen Biotech, Northwestern University, University Hospital , and others * Promising Netherton Syndrome Therapies such as QRX003, SPEVIGO (spesolimab/BI 655130), LM-030 (BPR277), DS-2325a, Pimecrolimus, and others Navigate the complexities of the Netherton Syndrome Market: gain insights into drug trends, treatment scenarios, and epidemiological data through our insightful Netherton Syndrome Market Forecast. Click here to get more insights @ Netherton Syndrome Treatment Market Size [ https://www.delveinsight.com/sample-request/netherton-syndrome-market?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=ypr ] Netherton Syndrome Epidemiology Segmentation in the 7MM * Total Prevalence of Netherton Syndrome * Prevalent Cases of Netherton Syndrome by severity * Gender-specific Prevalence of Netherton Syndrome * Diagnosed Cases of Episodic and Chronic Netherton Syndrome Download the report to understand which factors are driving Netherton Syndrome epidemiology trends @ Netherton Syndrome Prevalence [ https://www.delveinsight.com/sample-request/netherton-syndrome-market?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=ypr ] Netherton Syndrome Emerging Drugs * QRX003: Quoin Pharmaceuticals QRX003 is a once-daily topical lotion comprised of a broad-spectrum serine protease inhibitor formulated with the proprietary in-licensed Invisicare technology. The active ingredient in QRX003 performs the function of the missing LEKTI protein and down-regulates; however, it does not completely stop the activity of the kallikreins, leading to a more normalized skin-shedding process and the formation of a stronger and more effective skin barrier. Further, the serine protease inhibitor in QRX003 is a potent anti-inflammatory and antioxidant. QRX003 is being tested in Phase II/III clinical studies as a potential treatment for Netherton syndrome patients who are currently receiving off-label systemic therapy. Additionally, the company is developing QRX003 in other dermatological diseases, including peeling skin syndrome, SAM Syndrome, and palmoplantar keratoderma. Quoin is also investigating QRX007 in preclinical studies as a potential therapy for Netherton syndrome at Queensland University of Technology, Australia. * SPEVIGO (spesolimab/BI 655130): Boehringer Ingelheim SPEVIGO (spesolimab/BI 655130) is an interleukin-36 receptor (IL-36R) antagonist. The IL-36 pathway plays an important role in inflammation. Being a humanized antagonistic monoclonal immunoglobulin G1 (IgG1) antibody, spesolimab blocks human IL-36 receptor signaling. Further binding of spesolimab to the IL-36R prevents the subsequent activation of the IL-36R by cognate ligands (IL36 , , and ) and downstream activation of pro-inflammatory pathways. Further, it is approved for treating generalized pustular psoriasis (GPP) flares in adults. The drug is undergoing a Phase II/III Netherton syndrome clinical trial. Netherton Syndrome Therapies and Companies * QRX003: Quoin Pharmaceutical * SPEVIGO (spesolimab/BI 655130): Boehringer Ingelheim * LM-030 (BPR277): LifeMax Laboratories/Novartis * DS-2325a: Daiichi Sankyo * Pimecrolimus: Children's Hospital of Philadelphia Unlock insights into the Netherton Syndrome Market: discover drug uptake patterns, treatment landscapes, and epidemiological insights with our exclusive Netherton Syndrome Market Forecast. Click here @ Netherton Syndrome Market Drivers and Barriers [ https://www.delveinsight.com/sample-request/netherton-syndrome-market?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=ypr ] Netherton Syndrome Drugs Market Insights Current Netherton Syndrome Treatment approaches are limited to symptom relief or supportive care with marginal efficacy and undesirable side effects. A gentle/soft non-detergent liquid cleansing oil, preferably with an acidic pH to counteract overactive serine proteases, is recommended for daily baths and/or showers. Several classes of drugs are being used to manage Netherton syndrome, including emollients, antihistamines, topical corticosteroids, calcineurin inhibitors, calcipotriol, retinoids, immunoglobulins, antibiotics, and others. Netherton Syndrome Market Strengths The pathogenesis basis of Netherton syndrome is well understood,with a definite link to mutations in the SPINK5 gene that have led tothe discovery of potential pathways like IL-7 and KLK inhibition. Advocacy and support groups for Netherton syndrome are spreadingawareness and providing a platform for medical experts,researchers, and patients to collaborate. Netherton Syndrome Market Opportunities IV immunoglobulin therapy in pediatrics has presented effectiveresults, and continuous research in this area can lead to thedevelopment of disease-modifying therapies. Studies have demonstrated the potential of gene therapy ingenodermatosis. Thus, developing therapies like replacementtherapy and gene therapy can cure Netherton Syndrome. Netherton Syndrome Market Outlook Netherton syndrome, a form of congenital ichthyosis, is a debilitating rare skin disorder that occurs due to a mutation in the SPINK5 gene that causes the lack of LEKTI protein that ultimately results in multiple abnormalities, including defective keratinization, severe skin barrier defects, and hair anomalies, resulting from an excessive serine protease activity. Further, patients also suffer from a pronounced predisposition to allergies, asthma, skin cancers, eczema, severe dehydration, an inability to regulate their body temperature, and chronic skin inflammation. Neonates can be severely affected by the condition, which can be fatal, and fail to gain weight and grow at the expected rate. It is usually diagnosed by examining clinical history, symptoms, and skin biopsy. Gain a strategic edge in the Netherton Syndrome Market: explore comprehensive drug insights, treatment updates, and epidemiological forecasts in our in-depth Netherton Syndrome Market Forecast. Click here to lead in advancements @ Netherton Syndrome Clinical Trials Assessment [ https://www.delveinsight.com/sample-request/netherton-syndrome-market?utm_source=abnewswire&utm_medium=pressrelease&utm_campaign=ypr ] Scope of the Netherton Syndrome Market Report * Study Period: 2019-2032 * Coverage: 7MM * Netherton Syndrome Companies: Quoin Pharmaceutical, Boehringer Ingelheim, LifeMax Laboratories, Novartis, Daiichi Sankyo, Quoin Pharmaceuticals, Children's Hospital of Philadelphia, and others * Netherton Syndrome Therapies: QRX003, SPEVIGO (spesolimab/BI 655130), LM-030 (BPR277), DS-2325a, Pimecrolimus, and others * Netherton Syndrome Therapeutic Assessment: Netherton Syndrome current marketed and Netherton Syndrome emerging therapies * Netherton Syndrome Market Dynamics: Netherton Syndrome market drivers and Netherton Syndrome market barriers * Competitive Intelligence Analysis: SWOT analysis, PESTLE analysis, Porter's five forces, BCG Matrix, Market entry strategies * Netherton Syndrome Unmet Needs, KOL's views, Analyst's views, Netherton Syndrome Market Access and Reimbursement Table of Contents 1. Netherton Syndrome Market Report Introduction 2. Executive Summary for Netherton Syndrome 3. SWOT analysis of Netherton Syndrome 4. Netherton Syndrome Patient Share (%) Overview at a Glance 5. Netherton Syndrome Market Overview at a Glance 6. Netherton Syndrome Disease Background and Overview 7. Netherton Syndrome Epidemiology and Patient Population 8. Country-Specific Patient Population of Netherton Syndrome 9. Netherton Syndrome Current Treatment and Medical Practices 10. Netherton Syndrome Unmet Needs 11. Netherton Syndrome Emerging Therapies 12. Netherton Syndrome Market Outlook 13. Country-Wise Netherton Syndrome Market Analysis (2020-2034) 14. Netherton Syndrome Market Access and Reimbursement of Therapies 15. Netherton Syndrome Market Drivers 16. Netherton Syndrome Market Barriers 17. Netherton Syndrome Appendix 18. Netherton Syndrome Report Methodology 19. DelveInsight Capabilities 20. Disclaimer 21. About DelveInsight About Us DelveInsight is a leading healthcare-focused market research and consulting firm that provides clients with high-quality market intelligence and analysis to support informed business decisions. With a team of experienced industry experts and a deep understanding of the life sciences and healthcare sectors, we offer customized research solutions and insights to clients across the globe. Connect with us to get high-quality, accurate, and real-time intelligence to stay ahead of the growth curve. Media Contact Company Name: DelveInsight Business Research LLP Contact Person: Yash Bhardwaj Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=netherton-syndrome-treatment-market-size-was-the-highest-in-the-us-among-the-7mm-was-usd-1602-million-in-2022-is-expected-to-increase-by-2032 ] Phone: 9650213330 Address:304 S. Jones Blvd #2432 City: Las Vegas State: NV Country: United States Website: https://www.delveinsight.com/case-study/respiratory-domain-conference-coverage This release was published on openPR.
Q-Switch laser for removing dark spots and tattoos 12-19-2024 10:58 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Learn about Q-switched laser technology Q-switched Nd:YAG lasers [ https://www.sincoherenaesthetics.com/exq-laser-switch-nd-yag-laser-monaliza-system-product/ ] have two main wavelengths: 1064nm and 532nm. This dual wavelength capability allows for a wide range of applications, suitable for a variety of skin types and conditions. The laser delivers short pulses of energy, typically lasting about 5 nanoseconds, which are intense enough to break down pigment particles in the skin. This mechanism is particularly effective for targeting dark spots, which are often caused by sun exposure, aging, or hormonal changes. Use Q-Switch laser to remove dark spots One of the most common concerns in cosmetic dermatology is dark spots, also known as hyperpigmentation. The Q-switched Nd:YAG laser has been shown to be an effective option for treating this condition. By delivering concentrated energy to the affected area, the laser breaks down melanin deposits, allowing the body to eliminate them naturally. Patients typically experience significant improvements in skin tone and texture after just a few treatments, making this laser a popular choice for those who want a clearer complexion. Tattoo Removal: Professional Application In addition to treating dark spots, the Q-switched Nd:YAG laser is also widely recognized for its effectiveness in tattoo removal. Tattoos are created by injecting ink into the dermis, and tattoo removal can be challenging due to the depth and variety of ink colors. The Q-switched laser [ https://www.sincoherenaesthetics.com/exq-laser-switch-nd-yag-laser-monaliza-system-product/ ] is able to precisely target specific ink particles, effectively lightening and removing tattoos. The 1064nm wavelength is particularly effective for darker inks, while the 532nm wavelength is ideal for lighter colors, providing a comprehensive solution for tattoo removal. The role of Beijing Xinkeren Founded in 1999, Beijing Sincoheren has become one of the top 10 medical and aesthetic equipment suppliers in China. The company is committed to quality and innovation and has developed a range of advanced laser technologies, including Q-switched Nd:YAG laser machines. Xin Ke Ren's products are FDA-approved, medical CE and ISO13485 certified, ensuring they meet the highest standards of safety and effectiveness. Advantages of Nd:YAG laser machine The Nd:YAG laser machines [ https://www.sincoherenaesthetics.com/exq-laser-switch-nd-yag-laser-monaliza-system-product/ ] offered by Beijing Sincoheren are designed with user-friendliness and efficiency in mind. These machines are equipped with advanced cooling systems to improve patient comfort during treatment, and can be customized to suit various skin types and treatment goals. The precision of Q-switched technology minimizes damage to surrounding tissue, thereby shortening recovery time and reducing the risk of side effects. Safety and effectiveness Safety and effectiveness are of utmost importance when considering laser treatment for dark spot or tattoo removal. The Q-switched Nd:YAG laser has been extensively studied and is widely considered a safe option for patients. Side effects are generally minor and may include temporary redness or swelling that usually subsides quickly. Patients are encouraged to consult a qualified physician to determine the best treatment option for their individual needs. Conclusion: Skin treatment has a bright future In summary, Q-switched Nd:YAG lasers represent a significant advancement in the field of aesthetic medicine, providing an effective solution for dark spot removal and tattoo lightening. With the expertise of companies such as Beijing Xinkeren, patients have access to state-of-the-art technology that prioritizes safety and results. As the demand for non-invasive skin treatments continues to grow, Q-switched Nd:YAG lasers will undoubtedly play a key role in helping individuals achieve their aesthetic goals. Image: https://ecdn6.globalso.com/upload/p/555/image_product/2024-11/promotional-image-1.jpeg Media Contact Company Name: Beijing Sincoheren S&T Development Co., Ltd Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=qswitch-laser-for-removing-dark-spots-and-tattoos ] Country: China Website: https://www.sincoherenaesthetics.com/ This release was published on openPR.
AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SECPeople in Nunavut and northern Labrador have been writing to Canadian government officials this year to say grocers were charging exorbitant prices despite receiving a federal subsidy. The emails about the Nutrition North subsidy program ranged from desperate pleas to do something to lower food costs, to angry demands that retailers receiving subsidies be investigated. In April, Minister of Northern Affairs Dan Vandal acknowledged there was a problem. "I agree more work is needed to optimize the subsidy for Northerners to ensure 100 per cent of the subsidy is passed on directly to consumers," Vandal said in a note to Nunavut Family Services Minister Margaret Nakashuk obtained through an access to information request. Some of the 17 emails from members of the public accused retailers of hiking food prices in northern communities after funding arrived earlier this year through a program known as Jordan's Principle, which offers federal support to improve access for children to services and necessities including education and food. "Our food prices have increased since Jordan's Principle food for kids," said one message from October. "It's quite dismaying. Who profits on hunger?" The emails and notes were released in response to a request by The Canadian Press for correspondence with the Department of Northern Affairs about the Nutrition North Canada program, from the beginning of the year through Oct. 1. The federally run program offers subsidies to grocery companies operating in remote Indigenous communities aimed at offsetting the cost of transporting healthy foods, and making them more affordable. In one instance, a London, Ont., Girl Guide troop wrote asking the government to make Nutrition North more transparent. "We're worried that the money that is given does not help the cost of food in grocery stores go down enough," the letter said. The majority of the feedback was from people writing about prices in Nunavut and in Nain, which is the northernmost community in Labrador, in the Inuit region of Nunatsiavut. The main stores mentioned are those run by Arctic Co-operatives Ltd., which primarily serves Nunavut, and the North West Company, which operates 118 Northern stores in remote communities across Northern Canada. Names and identifying information about senders were redacted. "Put the subsidy up. The airlines are making millions and the North West Company, but the people are starving, please, please review these rates," a Nunavut resident wrote in February. "The stores in fact throw out foods that have rotted to the dump because they are priced too high and many people cannot afford them," said a July email about prices at Arctic Co-op and Northern stores. "Something else needs to be done to make the Nutrition North subsidy work like it was intended to, not make the people suffer and make the stores benefit." Another calls for an investigation into prices at the grocery stores in Nunavut. "One can of corn beef hash was $11 and now $14.09 after Jordan's (Principle) was introduced two months ago," the July email said. "Even a jar of sweet mixed pickles was over $32." As first reported by the Nunatsiaq News last week, Nunavut Tunngavik Inc., the land-claims body representing Nunavut Inuit, confirmed it is planning to investigate whether retailers hiked food prices after communities began receiving Jordan's Principle funding earlier this year. "NTI has heard concerns ... at our regular board meetings as well as the Nunavut roundtable on poverty reduction this past October," spokesperson Ivaluarjuk Merritt told The Canadian Press in an email Monday. Arctic Co-operatives Ltd. is owned by the 32 independent community co-op stores across the North, noted Duane Wilson, the company's vice-president of stakeholder relations. Since the company's shareholders are its customers, there is "absolutely zero incentive" to unfairly hike prices, he said in an interview Tuesday. Darryl Martin, a spokesperson for the North West Company said the company is working with communities in the North to deliver, via gift cards, the funding provided by Ottawa through Jordan's Principle -- also known as the Inuit Child First Initiative. He said the company shares the goal "of bringing more affordable food prices" to people in the North. In northern Labrador, one resident's February email urges Nutrition North advisory board members to "check in on Rigolet," a town where the North West Company operates the only grocery store. Several people from Nain sent emails to the department over the summer, when prices typically go down because retailers can ship food by ferry rather than pay for expensive air freight. "Why are grocery prices still outrageously high at Northern in Nain when we are in the middle of shipping season?" said one. A 10-pound bag of potatoes at Northern was selling for more than $31, the author said. A box of fish sticks was $21. The federal government announced last month it would launch an external, independent review of the Nutrition North subsidy program, with a final report expected in 2026. Lori Idlout, the New Democrat MP for Nunavut, said something needs to be done in the meantime to bring down "unbearable" food prices. "I think the Liberals don't care to help alleviate poverty among Indigenous communities and northern communities," Idlout said in a recent interview. "There needs to be a way to ensure that the Nutrition North program is holding accountable corporations like the (North West Company.)" The North West Company reported $219.8 million in gross profits for the second quarter of this year, a 7.8 per cent increase from the $204.4 million reported for the same time last year. A Toronto Metropolitan University published a study last year showing retailers passed on to consumers just 67 cents of every dollar received from the Nutrition North subsidy program. This report by The Canadian Press was first published Nov. 26, 2024. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Ottawa 'It's insulting:' Ontario premier slams Trump on Canadian tariff threat Ontario Premier Doug Ford is reacting to a threat from incoming U.S. president-elect Donald Trump to impose tariffs on imports from Canada, calling the proposal ‘insulting’ and emphasizing the need for leaders to work together on a response. More winter weather expected this week in Ottawa A freezing rain warning in Ottawa has been lifted after a low-pressure system moved through eastern Ontario on Tuesday. Environment Canada says freezing rain will transition to rain as temperatures rise above 0 C this morning. Land near Dow's Lake being cleared in advance of new Civic Campus construction This is another step in the plan to construct a cutting-edge replacement for the aging Civic Campus, which just celebrated its 100th anniversary. Montreal Police chief says 'extreme left group' behind Montreal protest violence; Legault calls for more arrests Quebec Premier Francois Legault is putting pressure on the Montreal police to arrest everyone involved in an anti-NATO protest that turned violent last week. 'Broken lives and families,' former members of religious community speak out Several former members of fringe religious community the Mission de L’Esprit Saint are urging the Quebec government to intervene following claims that it was a cult that brainwashed some members. Their stories are being told in a new documentary by Noovo Info. BREAKING | Follow live: Serial killer Paul Bernardo denied parole for a third time Notorious killer Paul Bernardo has been denied parole for a third time following a hearing before the Parole Board of Canada. 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City budget adjusted to include 5.84% property tax bump The City of Saskatoon's planned property tax increase in its proposed budget has been marginally bumped up to 5.84 per cent. Saskatoon businesses prepare for possible holiday impact amid Canada Post strike As Canada Post workers mark their second week on the picket line, some Saskatoon businesses say they’ve had to adapt to disruptions in postal services during their busiest time of year. Northern Ontario Committee OKs rezoning for former Sudbury hospital site Greater Sudbury's planning committee approved rezoning and official plan amendment for the former hospital in Sudbury at its meeting Monday. Suspect in attempted murder in Cobalt, Ont., makes court appearance The 18-year-old suspect charged in a disturbing attack on his ex-girlfriend was in court Tuesday morning. 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Amicable end proposed for former Grace Hospital site The Corporation of the City of Windsor and Fairmount Properties LLC issued a joint statement about the former Grace Hospital site near downtown Windsor. Vancouver Island B.C. premier says Canada will negotiate from 'position of strength' on US tariff British Columbia Premier David Eby said Canada had to approach Donald Trump's plan to impose a 25 per cent U.S. tariff on Canadian goods from a position of strength, as business, trade and community organizations called for quick action on the trade threat. B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. B.C. RCMP officer won't stand trial for on-duty shooting A B.C. 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Canadian leads group pushing Vatican for zero-tolerance policy on abuse by clergy An international group led by a Canadian is in Rome this week to push the Catholic Church to adopt a zero-tolerance policy on abuse by clergy. Local Spotlight Trailer Park Boys host Canadian premiere of new movie in Dartmouth Sunday night was a big night for the Trailer Park Boys, as Ricky, Julian and Bubbles hosted an advanced screening of their new movie in Dartmouth, N.S. Deer spotted wearing high-visibility safety jacket in Northern B.C. Andrea Arnold is used to having to slow down to let deer cross the road in her Northern B.C. community. But this weekend she saw something that made her pull over and snap a photo. From cellphones to dentures: Inside Halifax Transit’s lost and found Every single item misplaced on a bus or ferry in the Halifax Regional Municipality ends up in a small office at the Halifax Transit Bridge Terminal in Dartmouth, N.S. Torontonians identify priorities, concerns in new city survey A new public opinion survey has found that 40 per cent of Torontonians don’t feel safe, while half reported that the quality of life in the city has worsened over the last year. Longtime member of Edmonton theatre community dies during 'A Christmas Carol' performance Edmonton's theatre community is in mourning after an actor died during a performance of "A Christmas Carol" at the Citadel Theatre on Sunday. Beaver shot with arrow near Orillia on the road to recovery A beaver found with an arrow shot through its torso is now recovering at Shades of Hope Wildlife Refuge in Pefferlaw, Ont. after a massive rescue effort. 'I had no idea that they even existed': Family reunites with 80-year-old letters hidden in Winnipeg home The family of a soldier who fought during the Second World War has been reunited with letters written to him 80 years ago. The Thriftmas Special: The benefits of second-hand holiday shopping The holidays may be a time for family, joy and togetherness, but they can also be hard on the wallet. Video shows octopus 'hanging on for dear life' during bomb cyclone off B.C. coast Humans weren’t the only ones who struggled through the bomb cyclone that formed off the B.C. coast this week, bringing intense winds and choppy seas. Politics DEVELOPING | Trudeau confirms premiers meeting, Poilievre calls Trump tariff threat 'unjustified' Prime Minister Justin Trudeau will be convening a meeting of all of Canada's premiers 'this week' to discuss U.S. president-elect Donald Trump's intent to impose a 25 per cent tariff on all products from Canada and Mexico on his first day in office, if border issues aren't addressed. Canadian government suspends contracts with Boissonnault's former company The medical supply company co-founded by Liberal MP and former minister Randy Boissonnault has been suspended from bidding on or entering into contracts with the Government of Canada. Freeland says the two-month GST holiday is meant to tackle the 'vibecession' The federal government is hoping a temporary break on GST will address a 'vibecession' that has gripped Canadians, Finance Minister Chrystia Freeland said Monday. Health Doctors say it's fine to pee in the shower Here's a secret that’s not really a secret, many people pee in the shower. Maybe you're one of those people who don't care since it's all going down the same drain, or perhaps you're one of those who find it unhygienic. B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. Quebec has highest rate in Canada of people under 25 diagnosed with ADHD According to the province’s Public Health Ministry, Quebec has the highest rate in the country of people under the age of 25 diagnosed with ADHD. Sci-Tech They thought they'd found Amelia Earhart's plane. Instead, the search continues The disappearance of pioneering aviator Amelia Earhart more than 87 years ago has remained one of the most captivating mysteries in history, with a handful of explorers devoted to scouring the seas for any clue to her final whereabouts. Majority of social media influencers don't verify information before sharing it, study finds A majority of social media influencers don't verify information before sharing it with their audiences, a study published Tuesday by the UN's scientific and cultural arm found, underscoring concerns that some of the biggest online figures can uncritically spread misleading claims. Ancient Egyptians drank a heady mix of alcohol, bodily fluids and hallucinogens during rituals, scientists say Researchers have discovered the residues of psychedelic drugs, bodily fluids and alcohol inside a 2,000-year-old mug, suggesting that ancient Egyptians imbibed hallucinogenic beverages during rituals. Entertainment 'No view' tickets for Taylor Swift's Vancouver shows reselling for thousands It appears that Swifties hoping to experience the final dates of the sold-out Eras Tour in December were given another chance Monday. It's almost time for Spotify Wrapped. When can you expect your 2024 recap? It's almost that time of year: Spotify is gearing up to release its annual Wrapped, personalized recaps of users' listening habits and year in audio. Economic impact of Taylor Swift's Eras Tour in Vancouver estimated at $157M Taylor Swift will bring an estimated $157-million economic impact to the city next week with the three final concert dates of the record-breaking Eras Tour, Destination Vancouver said. Business Bank of Canada says Trump's proposed tariffs would impact both economies The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts. Loonie tanks after Trump threatens tariffs on Canadian goods The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25 per cent import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Lifestyle World's oldest man dies aged 112 in England John Tinniswood, an Englishman born the same year the Titanic sank and who survived two world wars and two global pandemics, has died aged 112, Guinness World Records said on Tuesday, months after it recognized him as the world's oldest man. China's hottest new tourist attraction is 5,000 feet in the air The newest of these not-for-the-faint-of-heart structures is called Tianti (“Sky Ladder” in Chinese). It clocks in at 168 metres and stretches between two cliffs at a height of 5,000 feet, according to Chinese state media. Dictionary.com has named its word of the year, and it isn't 'brat' In an announcement Monday, Dictionary.com said one word experienced a 'meteoric rise in usage' in 2024. Sports NBA legend Charles Barkley criticizes LA Lakers over handling of Bronny James NBA legend Charles Barkley has criticized the Los Angeles Lakers over their handling of Bronny James this season. 'Embarrassing:' NHL team ditches bus and walks to Scotiabank Arena amid gridlock The Utah Hockey Club got the full Toronto experience Sunday night ahead of their first-ever matchup against the Maple Leafs—bumper-to-bumper traffic that forced the team to walk to the game. Vancouver Whitecaps drop head coach Vanni Sartini Two weeks after the Vancouver Whitecaps’ playoff run ended in the first round, the team has fired head coach Vanni Sartini. Autos Ontario woman buys van with odometer rolled back almost 100,000 kilometres An Ontario woman thought she got a good deal when she bought a van for $2,700, but later learned the odometer had been rolled back nearly 100,000 kilometres. Nearly 46,000 electric vehicles recalled in Canada over power loss risk Nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled in Canada over a potential power loss issue that can increase the risk of a crash. Northvolt says Quebec battery plant will proceed despite bankruptcy filing Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in the parent company could be lost. Stay Connected
Trump sides with Elon Musk in H-1B visa debate, says he’s always been in favor of the program
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