Workers pushing for an end to smoking in Atlantic City casinos say the main employee union has been won over by tobacco companies seeking allies in the fight against smoking restrictions. An official of a union involved in the anti-smoking push on Monday called for the head of the Atlantic City casino workers' union, Donna DeCaprio, to resign for failing to protect her members from the dangers of secondhand smoke. DeCaprio is president of Local 54 of the Unite Here union, which opposes a smoking ban on the grounds that so much business would be lost by smokers taking their money elsewhere that it could cause one or more casinos to shut down, costing thousands of workers their jobs. “She should be ashamed of herself,” said Ray Jensen, assistant director of United Auto Workers Region 9, which represents dealers at three Atlantic City casinos and is part of a lawsuit seeking to have the courts force an end to smoking in the gambling halls. “She should hand in her union card.” DeCaprio said her union supports the health and safety of its members, adding improvements to the workplace environment need to be made. “A balance needs to be reached that will both protect worker health and preserve good jobs,” she said. “We are protecting our members against multiple casino closures and job losses. The UAW is eager to sacrifice the entire casino industry and put 25,000 good jobs with benefits at risk.” DeCaprio said between 50% and 72% of all in-person casino revenue in Atlantic City comes from smoking sections, which occupy only 25% of the casino floor. She said her union “and the vast majority of the labor movement” support a proposal that would improve ventilation in casinos and prevent any employee from being assigned to work in a smoking section against their will. Whether to ban smoking is one of the most controversial issues not only in Atlantic City casinos but in other states where workers have expressed concern about secondhand smoke. They are waging similar campaigns in Rhode Island, Pennsylvania, Kansas and Virginia . Workers have been pushing for four years to end an exemption in New Jersey’s clean air law that allows smoking inside the nine casinos. They say they or their co-workers are becoming ill with cancer, heart disease and other conditions related to exposure to second-hand smoke. Gov. Phil Murphy , a Democrat, has said he will sign a bill to end casino smoking if it reaches his desk. The casinos, joined by Local 54, oppose that effort, saying it will cost Atlantic City thousands of jobs and lead to decreased tax revenue for state programs for senior citizens and the disabled. On Monday, the workers group that calls itself CEASE (Casino Employees Against Smoking’s Effects) filed an appeal of a court ruling in August that allowed smoking to continue in the nine casinos. The Casino Association of New Jersey declined to comment Monday. Attorney Nancy Erika Smith said as far back as 1993, tobacco companies targeted labor unions in the hospitality industry as potential allies to work against smoking bans in the restaurant and hospitality industries. That effort included the Hotel Employees and Restaurant Employees Union, a precursor of the Unite Here union. “HERE and the related AFL-CIO affiliates are critical allies which should be cultivated as supporters of the effort to prevent smoking bans,” a public relations firm wrote in a memo to Philip Morris Companies that was made public during several states' litigation against tobacco companies. The memo said having HERE “as an ally in this effort would be a very powerful voice.” As far back as 2001, HERE was part of a 12-member coalition including labor unions advocating for improved indoor ventilation instead of government-imposed smoking bans, according to another document cited in Monday's appeal. The anti-smoking campaigners cite a 2022 report by Las Vegas-based C3 Gaming, a consulting firm, showing that casinos that went smoke-free "appear to be performing better than their counterparts that continue to allow smoking.” ___ Follow Wayne Parry on X at www.twitter.com/WayneParryACThe standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" Thanks for your interest in Kalkine Media's content! 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Critique of Israeli government 'not anti-Semitism'
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( MENAFN - Jordan Times) ABIDJAN - If you are looking for an argument in West Africa, try asking which country serves the best jollof. While Senegalese can claim to have invented the popular rice-based dish, Nigerians, Ghanaians and others across the region will fiercely defend their own recipes as the tastiest. But one thing is not in dispute: Much of the rice now used in jollof is grown not by West African farmers, but in India, Thailand and Vietnam. Rice has been cultivated in Africa for more than 3,000 years, and it is now grown by more than 35 million farmers in 40 countries across the region. After maize, it is Africa's most important food staple. Yet, Asian rice accounts for over 40 per cent of consumption in the region, making Africa the world's largest import market for the grain. Though the Senegal River Valley was one of the world's earliest rice centers, Senegal's farmers now struggle to compete in the country's urban centres against imports from India. This development is symptomatic of a wider loss of food self-reliance in Africa, owing to population growth, urbanisation, and an expanding middle class's increased demand for food. While smallholder farming and rural livelihoods still account for over half of employment on the continent, African farmers have been pushed out of local markets, and the region's overall food import bill has risen from $7.9 billion in 1993-95 to $43.6 billion in 2018-20. No region faces a more severe food-security crisis. One in five Africans, some 260 million people, most of them in rural areas, are going hungry. Progress toward the United Nations' goal of achieving“zero hunger” by 2030 stalled in 2014 and, following the supply-chain disruptions triggered by Russia's full-scale invasion of Ukraine, has gone into reverse. Sharply rising food import bills are amplifying inflation in a region where food accounts for over 40 per cent of the average consumption basket. Millions of people are being pushed into poverty. Just as COVID-19 underscored Africa's urgent need for greater vaccine self-reliance, the war in Ukraine has exposed the vulnerability that comes with dependence on food imports. That vulnerability is the product of a failed development model. Successive generations of political leaders have paid lip service to food self-reliance, while opening the flood gates for imports of“cheap foods”, many of which are heavily subsidised and considered integral to industrialisation. The systematic neglect of smallholder agriculture has created a vicious cycle, weakening urban-rural linkages, trapping farmers in poverty, and leaving urban populations dependent on volatile world markets. Building a self-reliant food system capable of providing healthy, affordable diets to all will take nothing less than a transformation of agriculture. Current yields are too low either to meet the region's growing demand for food or to support more resilient rural livelihoods. In Bangladesh, a hectare of farmland produces an average of five tons of rice per harvest, which is more than double the level in Nigeria. Similarly, yields for maize, the main food staple in eastern and southern Africa, are less than half the average for Southeast Asia. Moreover, the yield gap between Africa and Asia has widened over the last 20 years. Climate change is compounding the problem. We are already witnessing more protracted and intense droughts, less predictable rainfall, floods, and the climate-related spread of pests, like the plague of desert locusts that devastated crops in eastern Africa in 2019. Dependence on rain-fed farming systems is a risk multiplier for Africa. Modeling reported by the International Panel on Climate Change points to potential yield losses in the range of 10-30 per cent for food staples like maize, sorghum and millet. Many of the policies and technologies needed to close Africa's yield gap and address climate threats are well-known. CGIAR, the world's largest global agricultural research organisation, has developed high-yield, climate-resilient and pest-resistant seeds tailored for agro-ecological conditions across Africa. More than two million smallholder farmers are already growing drought-resistant maize varieties, raising their yields by 20-30 per cent. The African Rice Center has produced more than 80 new rice varieties. These include early-maturing seeds which provide a source of food with higher protein content than standard varieties in the pre-harvest hunger period. Yields are comparable to those in Asia. Evaluations find that farmers, many of them women, adopting these seeds are, in some cases, doubling their income. In Senegal, novel rice varieties are slowly clawing back market share from imported rice, creating new value-chains and rural jobs, and displacing imports used in jollof. But new seed technologies can realise their full potential only if they are part of an integrated response. Farmers also need access to affordable capital, fertiliser and productive infrastructure like irrigation, energy and extension services. As matters stand, Africa's farmers, notably women, are poorly served in all these areas. And while the African Union's Comprehensive Africa Agriculture Development Programme, initiated in 2003, provides a plan of action, it has an abysmal delivery record. Connecting the dots between food self-reliance and social protection can create win-win scenarios. As the School Meals Coalition points out, millions of African schoolchildren are unable to learn because of hunger. Providing them with nutritious food from local producers would simultaneously combat malnutrition, improve learning and create predictable markets for farmers, attracting the investment needed to raise productivity. The Kenyan government has already set a benchmark, pledging to provide universal school meals by 2030. At a food summit in Dakar, Senegal, earlier this year, African leaders pledged to build more self-sufficient, resilient and equitable food systems, and to restore“food sovereignty”. While Africa's farmers have heard such pledges before, let's hope that this time they will be implemented. Kevin Watkins, a former CEO of Save the Children UK, is a visiting professor at the Firoz Lalji Institute for Africa at the London School of Economics. Copyright: Project Syndicate, 2023. MENAFN02122024000028011005ID1108949050 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. 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EDITOR'S NOTE: On Football analyzes the biggest topics in the NFL from week to week. No one wants to see any player take a vicious hit like the one that knocked Trevor Lawrence out of the game. It’s easy to agree on that point. Eliminating violent shots is the hard part. The NFL has instituted several rules to protect quarterbacks but football is a physical sport and players have to react instantly and make split-second decisions going at high speeds so injuries keep occurring. Lawrence was carted off the field in the first half of Jacksonville’s 23-20 loss to Houston on Sunday after Azeez Al-Shaair leveled the defenseless quarterback with a forearm to the facemask. The late hit put Lawrence in the fencing position — both fists clenched — and he stayed on the ground for several minutes, while a brawl ensued. Lawrence didn’t require hospitalization for his concussion but it’s unknown when he’ll return. “Thank you to everyone who has reached out/been praying for me,” Lawrence wrote on X. “I’m home and feeling better. Means a lot, thank you all.” Al-Shaair was ejected from the game and faces a fine and potential suspension after his latest unsportsmanlike penalty. The Texans' linebacker was flagged and later fined $11,255 for a late hit out of bounds on Titans running back Tony Pollard last week. He was fined earlier this year after he punched Bears running back Roschon Johnson on the sideline in Week 2. That occurred during a scuffle that started after his hard shot on quarterback Caleb Williams near the sideline that wasn’t flagged. Jacksonville Jaguars quarterback Trevor Lawrence slides in front of Houston Texans linebacker Azeez Al-Shaair during the first half of a game on Sunday in Jacksonville, Fla. Lawrence was injured on the play. Al-Shaair once got away with grabbing Tom Brady by the throat on a pass rush in a game between the 49ers and Buccaneers. Outraged Jaguars players called Al-Shaair’s hit “dirty” and Texans coach DeMeco Ryans made it known he didn’t condone it. “It’s not what we’re coaching,” Ryans said. “Want to be smart in everything we do and not hurt the team, get a penalty there. Have to be smarter when the quarterback is going down. Unfortunate play. Not representative of who Azeez is. He’s a smart player, really great leader for us. We felt his presence not being there. His loss really affected us on the defensive side. Just not what we’re coaching. Didn’t want to see the melee and all the aftermath. That’s not what we’re about. Not representative of us. I’ll talk to Azeez, address him personally, and we’ll move forward from it.” Fox Sports color analyst Daryl Johnston, a former fullback for the Dallas Cowboys, didn’t hold back his criticism, calling it a “cheap shot.” “It’s everything you’re not supposed to do,” Johnston said. “Everything. You’ll see this in slow motion and Azeez Al-Shaair does everything you’re trying to prevent in this situation. It’s reckless. It’s disrespectful. There’s an honor that you give to your opponent on the football field and you respect him. And there’s opportunities to be physical and give big hits and play this game in that manner. And there’s other times when there’s a respect that you grant to your opponent.” Some former NFL quarterbacks blasted Al-Shaair on social media. “There is no place in the game of football for dirty hits like this one,” Robert Griffin III wrote on X. Chase Daniel called it “one of the dirtiest hits” he’s ever seen on a quarterback. Jacksonville Jaguars tight end Evan Engram, right, jumps on Houston Texans linebacker Azeez Al-Shaair after his late hit on quarterback Trevor Lawrence, bottom, during the first half of a game on Sunday in Jacksonville, Fla. Even defensive players struggled to defend Al-Shaair. “That was uncalled for,” Hall of Fame defensive lineman Michael Strahan said on Fox’s studio show while fellow Hall of Famer Howie Long agreed. But the play also sparked debate about the quarterback slide. Lawrence slid feet first, which signals that he’s giving himself up on the play. The NFL rulebook states: “A defender must pull up when a runner begins a feet-first slide.” But defensive players aren’t automatically penalized if they make contact with a sliding quarterback if they already committed and the contact is unavoidable. The rules state it’s a foul when “the defender makes forcible contact into the head or neck area of the runner with the helmet, shoulder, or forearm, or commits some other act that is unnecessary roughness.” Al-Shaair did that so he was penalized and will face other repercussions. Still, given the hard-hitting nature of the sport, it won’t be the last time this happens. When Caleb Williams took the field for the Chicago Bears' first regular season game against the Tennessee Titans, the anticipation for the rookie's debut game—possibly the most ever—was on full display. Despite a tough debut for the quarterback, the Bears secured a 24-17 win, a notable feat for the rookie. The victory made Williams the first #1 overall pick with a Week 1 win in over 20 years. Going forward this season, Williams is expected to eclipse C.J. Stroud's record-breaking 2023 rookie campaign with the Houston Texans. However, Stroud's success is an anomaly. Drafting a successful quarterback, especially one who is effective right away, is difficult. When teams have a high first-round draft pick, and they're coming off an unsuccessful few seasons, it's assumed that they will use their first pick on a quarterback . That player will assume the title of "the face of the franchise" and will get the central attention, win or lose. To see which quarterbacks have faced that challenge and triumphed, ATS.io compiled a ranking of the 10 best rookie quarterbacks since 1960 using data from StatHead . Rookies were defined as players who are in their first season of professional football and have not been on the roster of another professional team. Quarterbacks were ranked according to adjusted net yards per pass attempt, which quantifies efficient passing skill. Ties were broken using passer rating. Only rookie quarterbacks with at least 10 games played and 200 total passing attempts were considered. Since 1967, 130 quarterbacks have been drafted in the first round. Of those drafted, only 61 have won a playoff game as a starter, according to The Athletic, which used data from NFL Research . The biggest reason this success rate is not guaranteed is because there are differences between college and pro offensive systems. In the collegiate game, the ball is snapped at different points on the field, passing windows are wider, and defenders and linemen are not as quick, making the adjustment to the pro level more difficult. NFL scouts and general managers are gambling on what skills can be transferable and how long those adjustments might take, which is why some teams prefer redshirt quarterbacks to ease the transition. However, just because a team may not want to use their first-round pick on a quarterback, doesn't mean they can't find a diamond in the rough later in the draft. Think about Tom Brady, Russell Wilson, and Dak Prescott, all of which were not first-round picks, but have gone on to make a name for themselves in the NFL. - Adjusted net yards per pass attempt: 6.44 - Passer rating: 91.2 - Season stats: 3,271 yards, 21 touchdowns, 6 interceptions Coming out of college, Gardner Minshew was not a highly sought-after quarterback for NFL teams. He was drafted in the sixth round of the 2019 draft—a draft that was headlined by Kyler Murray, Dwayne Haskins, and Daniel Jones. Nonetheless, Minshew's rookie season with the Jacksonville Jaguars was filled with many accomplishments. He won Rookie of the Week seven times despite not winning NFL Offensive Rookie of the Year. Minshew also had the highest passer rating of any rookie quarterback that started in 2019. - Adjusted net yards per pass attempt: 6.77 - Passer rating: 93.7 - Season stats: 3,725 yards, 27 touchdowns, 14 interceptions Pressure was high for Baker Mayfield as the first overall pick in the 2018 draft. When he joined the Cleveland Browns, there was an expectation that once the team figured out the quarterback position, it could be playoff-ready. After trading for Jarvis Landry, a young wide receiver from the Miami Dolphins, in the offseason, the Browns were on their way. Mayfield's rookie season was filled with many firsts, and the Landry-Mayfield connection filled the stat sheet. Mayfield set the record for most passing touchdowns by a rookie quarterback in 2019 with 27 surpassing prior marks from Payton Manning and Russell Wilson. - Adjusted net yards per pass attempt: 6.84 - Passer rating: 98.3 - Season stats: 4,336 yards, 31 touchdowns, 10 interceptions Justin Herbert was the third quarterback selected in the 2020 NFL draft behind Joe Burrow and Tua Tagovailoa. As the No. 6 overall pick, expectations were high, but there was also an assumption that it would be a few years before Herbert's development would take shape. Then, Chargers starting quarterback Tyrod Taylor was accidentally punctured in the lung by a team doctor administering a painkiller before the second game of the season, and it wasn't clear what Taylor's status would be moving forward. When Herbert was given the nod to start minutes before the game, fans didn't know what to expect. Herbert shocked viewers when he threw for over 300 yards and only one interception in that game. He continued his strong rookie showing throughout the season and went on to win NFL Offensive Rookie of the Year. - Adjusted net yards per pass attempt: 6.93 - Passer rating: 98.1 - Season stats: 2,621 yards, 17 touchdowns, 11 interceptions Ben Roethlisberger was the third quarterback selected in his draft class behind the likes of Eli Manning and Philip Rivers—though fans wouldn't have been able to tell. From the moment Roethlisberger was called up by the Pittsburgh Steelers to play in his first game—Week 2 against the Baltimore Ravens—it was clear he had a special arm, gaining the nickname "Golden Arm." While the next several games were bumpy for Steelers fans, it was clear that Roethlisberger was the future of the franchise. The Steelers had a solid running game and its receiving core, led by Hines Ward, was one of the best in the league . Once Roethlisberger gained his footing a few games in, he was unstoppable. He led Pittsburgh to its best record ever: 15-1. He also started the season on an eight-game winning streak, becoming the first rookie to do so. Additionally, Roethlisberger became the first quarterback to win AP Offensive Rookie of the Year. - Adjusted net yards per pass attempt: 7.01 - Passer rating: 87.7 - Season stats: 3,440 yards, 16 touchdowns, 11 interceptions As the No. 3 overall pick in the 2008 NFL draft, there were high expectations on Matt Ryan's shoulders heading to the Atlanta Falcons. The Falcons were coming off back-to-back losing seasons and off-the-field legal troubles with its starting quarterback Michael Vick overshadowing the team's play. Ryan was expected to pick up the pieces. He did that immediately, leading the Falcons to an 11-5 record in his rookie season and becoming the clear favorite for NFL Offensive Rookie of the Year halfway through the season, which he went on to win. The tag team of Ryan and running back Michael Turner was one of the best offensive forces in the sport that season. - Adjusted net yards per pass attempt: 7.01 - Passer rating: 100 - Season stats: 3,118 yards, 26 touchdowns, 10 interceptions Russell Wilson was drafted in the third round of the 2012 NFL Draft by the Seattle Seahawks. Considering Robert Griffin III and Andrew Luck headlined the NFL Draft that year, it was not believed that Wilson would be a starter come Week 1, but that quickly changed. Going into the 2012 NFL Draft, Tarvaris Jackson was the Seattle Seahawks' starting quarterback, and the team signed NFL veteran quarterback Matt Flynn as an insurance policy on the injury-prone Jackson . It was assumed in the short term that either Jackson or Flynn would lead the franchise. Once training camp arrived, however, the Seahawks' quarterback position was uncertain. Jackson was traded to the Buffalo Bills, and Flynn was underwhelming at camp, forcing Head Coach Pete Carroll to take a gamble on his rookie quarterback, Wilson, in Week 1. Carroll, nor Wilson, ever looked back. Wilson was one of the best passing quarterbacks that season. He led the Seahawks to an 11-5 record and went on to win NFL Rookie of the Year. - Adjusted net yards per pass attempt: 7.39 - Passer rating: 96 - Season stats: 2,210 yards, 20 touchdowns, 6 interceptions When Dan Marino was drafted by the Miami Dolphins in 1983, the NFL looked very different. Running the ball was the name of the game. The quarterback would either run the football himself at the line of scrimmage or hand it off to the running back, and the offensive linemen would claw and push the pile forward as the runner powered his legs. It was not a pretty sight. However, Marino took a different approach, throwing the ball with a unique quick release for that era. He led the Dolphins to a 9-1 record after replacing David Woodley midway through his rookie season, ending with a 12-4 record. He went on to win Rookie of the Year and was the first rookie to start a Pro Bowl. - Adjusted net yards per pass attempt: 7.47 - Passer rating: 100.8 - Season stats: 4,108 yards, 23 touchdowns, 5 interceptions When C.J. Stroud was drafted No. 2 by the Houston Texans last year, there were a lot of questions, not about his ability, but about the organization that he would be playing for. The Texans were coming off of a 3-13-1 season in 2022, finishing with the worst record in the league, and a lot of volatility in its front office. The team fired its head coach and a top executive before the draft. Weeks later, the team hired former Texans linebacker DeMeco Ryans as its next head coach. While Ryans is a defensive-minded coach, Stroud was seen as a key ingredient to the team's success since Ryans hired his coaching staff around the quarterback. Stroud led the NFL in yards and TD-to-interception ratio during his rookie season, which is an efficiency statistic considering he didn't get his first interception until his sixth regular-season game against the New Orleans Saints. While Stroud was a part of the league MVP conversation for most of the season, he didn't ultimately win the title. However, he was named 2023 NFL Offensive Rookie of the Year, and his rookie season is seen as one of the best in NFL history. - Adjusted net yards per pass attempt: 7.47 - Passer rating: 102.4 - Season stats: 3,200 yards, 20 touchdowns, 5 interceptions Leading into the 2012 draft, it wasn't a matter of whether Washington would pick a quarterback, it was a matter of who. After several seasons of mediocre quarterback play and losing seasons from the likes of Jason Campbell, Donovan McNabb, and Rex Grossman, it was time for a new face to lead the offense. At No. 2, Washington selected Robert Griffin III making him the second quarterback selected in the 2012 NFL draft behind Andrew Luck. Griffin started his rookie year campaign with one of the best performances football fans have ever seen. He completed 19 of his 26 pass attempts for 320 yards and 2 touchdowns, beating the New Orleans Saints. That game earned him the highest passer rating by a rookie ever, 158.3. He now shares that record with Kirk Cousins and Marcus Mariota. Griffin III went on to win NFL Offensive Rookie of the Year in 2012. - Adjusted net yards per pass attempt: 7.86 - Passer rating: 104.9 - Season stats: 3,667 yards, 23 touchdowns, 4 interceptions Dak Prescott is statistically the best rookie quarterback ever, racking up the best passer rating as a rookie. After losing his first game, he led the Cowboys on an 11-game winning streak. That season, he led the team to its fourth-best season ever with a 13-3 record. Prescott was the 2016 NFL Offensive Rookie of the Year and became the first NFL quarterback to be drafted in the fourth round or later to start all 16 regular season games. Data reporting by Karim Noorani. Story editing by Shanna Kelly. Additional editing by Kelly Glass. Copy editing by Robert Wickwire. Photo selection by Clarese Moller. This story originally appeared on ATS.io and was produced and distributed in partnership with Stacker Studio. Get local news delivered to your inbox!5 Notable Ways Aviation Has Changed Since The Pandemic
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, /PRNewswire/ -- Tomorrow, AT&T's chief executive officer will participate in a fireside chat where he will discuss the Company's multi-year strategic growth plan. : AT&T is embarking on a multi-year strategic growth plan that centers around putting customers first and continued network investment. AT&T continues to make progress on becoming the best connectivity provider in America and remains on track to meet all of the financial and operational guidance shared during its 2024 Analyst & Investor Day. , chief executive officer, ( ), will speak tomorrow at the UBS Global Media & Communications Conference where he will provide an update to shareholders. Stankey is expected to cover key topics discussed below. As a result of the investment-led strategy announced at its , the Company expects to be in a differentiated position within the connectivity industry by the end of the decade. In Mobility, the Company is building a more efficient, high-capacity, programmable and open network. By 2027, it expects to have largely completed the modernization of its 5G wireless network with open technology, with deep mid-band 5G spectrum covering 300 million+ people by the end of 2026. In broadband, the Company already has the largest fiber broadband network in America. By the end of 2029, it expects to reach 50 million+ total locations with fiber . This includes expectations to pass about 45 million locations through its organic fiber deployment and to serve 5 million+ fiber locations through Gigapower, its joint venture with Blackrock, as well as through agreements with commercial open-access providers. These collective efforts increase AT&T's opportunity to serve customers how they want to be served, by one provider in a converged manner. While building the network of the future, the Company is actively working to exit its legacy copper network operations across the large majority of its wireline footprint by the end of 2029. As discussed during the Company's 2024 Analyst & Investor Day, it expects 2025 Free Cash Flow of $16 billion+, when excluding DIRECTV. The expected drivers of next year's free cash flow growth include Adjusted EBITDA growth, lower cash interest from lower debt balances, the absence of network termination fee payments in 2025 and lower working capital impacts in 2025 compared to 2024. These items are expected to more than offset an expected increase in cash taxes. AT&T expects its multi-year strategic plan to provide $50 billion+ of financial capacity over the next three years, largely through organic growth. Financial capacity represents anticipated free cash flow after distributions to noncontrolling interests, plus expected cash payments from the announced agreement to sell AT&T's stake in DIRECTV to TPG, as well as net borrowing capacity after the Company achieves its net leverage target. The Company continues to expect to achieve its net leverage target of net-debt-to-adjusted EBITDA in the 2.5x range in the first half of 2025 and maintain leverage within this range through 2027. The Company expects to return $40 billion+ of this financial capacity to shareholders through dividends and share repurchases. Under this capital return plan, the Company expects to maintain its current annualized common stock dividend of per share. This plan would result in $20 billion+ in total dividend payments, with capacity for about in share repurchases, from 2025-2027. The plan also contemplates approximately in incremental financial flexibility for items such as potential organic or inorganic strategic growth investments, debt repayment, redemptions of noncontrolling interests, or additional dividends or share repurchases. Tune in for the fireside chat with at the UBS Global Media & Communications Conference, scheduled to begin at . The webcast will be available live and for replay at To automatically receive AT&T financial news by email, please "Total locations" includes consumer and business locations (i) passed with fiber and (ii) served with fiber through commercial open-access providers. Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's website at . We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. ( ), please visit us at . Investors can learn more at . © 2024 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. View original content to download multimedia: SOURCE AT&TTrump has flip-flopped on abortion policy. His appointees may offer clues to what happens next
Louisiana Governor Jeff Landry greets members of the legislature in the Louisiana House of Representatives on the opening day of a legislative special session, Wednesday, November 6, 2024, at the Louisiana State Capitol in Baton Rouge, La. (Hilary Scheinuk / The Advocate, Pool) STAFF PHOTO BY HILARY SCHEINUK Senator Heather Miley Cloud, R-Turkey Creek, listens to a discussion during the final day of the 90-day regular legislative session on Monday, June 3, 2024 in Baton Rouge, Louisiana. STAFF PHOTO BY MICHAEL JOHNSON Sen. Heather Cloud is one of Landry's anti-democratic foot soldiers in the legislature this year. Photo by Bill Feig / The Timkes-Picayune Republican State Sen. Heather Cloud is the author of one of the most anti-democratic measures to be considered by the Louisiana Legislature in recent years. Photo by Travis Spradling / The Times-Picayune Facebook Twitter WhatsApp SMS Email Print Copy article link Save If things go according to conservative lawmakers' plan, Louisiana children will be tried as adults and sent to adult prisons more often in the future, because the Legislature could increase the number of crimes for which minors can be prosecuted as adults. Oh, you thought Gov. Jeff Landry's third special legislative session was all about tax reform? You're not wrong. Taxation is the main focus. But it's not the only agenda item. Even as lawmakers see crime decline across Louisiana, many still preach the myth that sending more children to adult facilities makes us all safer. It allows them to campaign on "lock 'em up" and "tough on crime" platforms. State Sens. Heather Cloud, R-Turkey Creek, and Jay Morris, R-West Monroe, and state Rep. Debbie Villio, R-Kenner, quietly secured legislative approval of a proposed constitutional amendment toward that end in the just-ended special session. They were able to do it because most Louisianans remained focused on Gov. Jeff Landry's efforts to reduce personal income taxes on the rich while raising Louisiana's combined sales tax rate to the highest in the nation. All the noise about tax reform provided the perfect cover for Cloud, Morris and Villio to find new ways to punish our youth. Their Senate Bill 2 glided through the legislative process without so much as a minor headwind. Truth be told, Landry was right to call his third special session this year to push his tax reform ideas. For far too long we haven't had serious legislative debates about how best to raise Louisiana from near the bottom among states where businesses want to relocate and bring good jobs. The problem with focusing solely on tax reform is that businesses consider more than just taxation when they locate or expand. They also consider housing quality, employee-friendly laws and practices, quality K-12 and higher education, public safety and other quality-of-life factors. Fortunately, overall crime has been declining in Louisiana. That apparently means little to politicians who want to make crime more than a party-line talking point . Some simply want to put more people, especially minors, behind bars. The proposed constitutional amendment, if approved by voters, would allow lawmakers to treat 14-, 15- and 16-year-olds as adults without asking citizens if that's what they want. Our state constitution already allows lawmakers to authorize — by a two-thirds vote in each chamber — special juvenile procedures for minors charged with specific offenses: First- or second-degree murder Manslaughter Aggravated rape Armed robbery Aggravated burglary Aggravated kidnapping Attempted first-degree murder Attempted second-degree murder Forcible rape Simple rape Second-degree kidnapping. A second or subsequent aggravated battery A second or subsequent aggravated burglary A second or subsequent offense of burglary of an inhabited dwelling A second or subsequent felony-grade violation of the Uniform Controlled Dangerous Substances Law or prohibited transactions in drug-related objects, involving the manufacture, distribution, or possession with intent to distribute controlled dangerous substances. If approved by voters, SB2's proposed constitutional amendment would eliminate that list and let lawmakers alone — by a two-thirds vote, without voters' consent — decide which crimes should be "adult" offenses for minors Imagine the Legislature deciding that a 14-year-old should be tried as an adult because he stole from a store or got into a fight at school. SB2 proponents say some children can't be rehabilitated. Sigh. Fortunately, voters will get to decide whether such scared-straight tactics make sense — or will actually attract more businesses to Louisiana. Do SB2's sponsors really think businesses will come here because we incarcerate more youth? Shouldn't we instead promote early childhood education and care, healthy living and higher literacy rates? The governor, the Louisiana District Attorneys Association and the Louisiana Sheriffs Association have endorsed SB2. But not everyone agrees with them. "Senate Bill 2 is unnecessary and has the potential to end juvenile justice in Louisiana," Laramie Griffin, founder of Evolve Louisiana, shared with me. "This bill does nothing to improve public safety." Griffin added that the bill has an "invisible list," meaning lawmakers could "add whichever law they choose without public vote." The proposed amendment will appear on the next statewide ballot, likely in March. A "yes" vote would let lawmakers decide which crimes committed by minors can land them behind bars with adult criminals. A "no" vote would keep the current list and rule in the constitution. Let's not wait to get through the holidays, the new year and Carnival to focus on what this means. Now is the time to launch a "Vote No!" campaign. Let's tell the world that we can be business-friendly, socially responsible and compassionate toward children who make mistakes.
Stocks were choppy Tuesday as investors looked ahead to this week's key events on the economic calendar , which include a Wednesday afternoon appearance from Federal Reserve Chair Jerome Powell and the Friday morning release of the November jobs report. The Dow Jones Industrial Average finished the day down 0.2% at 44,705. However, the S&P 500 (+0.05% at 6,049.88) and the Nasdaq Composite (0.4% at 19,480) held on for a win, with both notching new record closing highs. Wall Street kept a cautious eye on global markets, though developments overseas did little to move the needle here at home. Most notably, South Korea's president, Yoon Suk Yeoul, declared martial law early Tuesday in order to eradicate "pro-North Korean forces." However, the country's parliament quickly – and unanimously – voted to end the order and President Yoon eventually agreed. Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. Job openings, quits were higher in October In economic news, the Bureau of Labor Statistics said this morning that job openings rose to 7.7 million in October from 7.4 million in September. Professional and business services saw the largest increases (+209,000), while the federal government saw the biggest decline (-26,000). The Job Openings and Labor Turnover Survey (JOLTS) release also showed that hires fell to 5.3 million from 5.6 million the month prior. Total separations edged up to 5.3 million from 5.2 million as quits rose 2.1%. "The labor market continues to look cooler, but not in trouble," says Elizabeth Renter , senior economist at NerdWallet. "Despite some month-to-month volatility, the number of job openings and hires continue to trend downward. This is happening at the same time as a low rate of layoffs." The job openings data hits just ahead of the Labor Department's monthly nonfarm payrolls report, which is due Friday morning. Shruti Mishra , an economist at BofA Securities, expects the report to show the U.S. added 240,000 new jobs in November – a sharp rebound from October's addition of just 12,000 jobs. "This above-consensus forecast is driven by expected payback for the temporary drag on payrolls in October due to Hurricane Milton and the Boeing ( BA ) strike," Mishra writes in a note to clients. However, the economist notes that a strong November jobs report "is unlikely to derail" a rate cut by the Fed at its December meeting, "but an upside surprise in November inflation could do the trick." According to CME Group's FedWatch Tool , futures traders are currently pricing in a 74% chance the Fed will cut interest rates by a quarter-percentage point at its meeting later this month – up from 62% yesterday. AT&T makes shareholder-friendly promises In single-stock news, AT&T ( T ) continued its red-hot run, rising 4.6% to bring its year-to-date gain to 40%. The telecom is headed toward its best calendar-year performance since 2019 and this latest surge comes courtesy of the company's shareholder-friendly initiatives. Specifically, at its annual Analyst & Investor Day, AT&T said it expects to accumulate at least $50 billion in free cash flow over the next three years, $40 billion of which will be returned to shareholders through dividends and stock buybacks . "Under this capital return plan, the Company expects to maintain its current annualized common stock dividend of $1.11 per share," AT&T said in a press release . "This plan would result in $20 billion+ in total dividend payments, with capacity for about $20 billion in share repurchases, from 2025-2027." Credo stock soars after earnings Credo Technology Group ( CRDO ) was another big winner, surging 47.9% after the maker of high-speed connectivity solutions for artificial intelligence (AI) data centers reported its fiscal second-quarter results. For the three months ended November 2, the company disclosed earnings of 7 cents per share on revenue of $72 million, beating analysts' expectations. Credo also forecast fiscal third-quarter revenue of $115 million to $125 million, with the midpoint of this range exceeding Wall Street's outlook for $120 million. "For the past few quarters, we have anticipated an inflection point in our revenue during the second half of fiscal 2025," said Credo Technology CEO Bill Brennan in the earnings release . "I am pleased to share that this turning point has arrived, and we are experiencing even greater demand than initially projected, driven by AI deployments and deepening customer relationships." Related content The Best Retail Stocks to Buy This Holiday Season Roth IRA vs. Traditional IRA: Which is Better? What Is an Index Fund and Should I Invest in One?What Ails America... And How To Fix ItGerry Harvey issues dire warning about Australia's future - and why we should all be worried Billionaire predicts 'black hole' of debt READ MORE: Aussie billionaire Gerry Harvey rips into the Albanese government with foul-mouthed takedown of the Budget By HARRISON CHRISTIAN FOR DAILY MAIL AUSTRALIA Published: 21:45, 27 November 2024 | Updated: 22:17, 27 November 2024 e-mail 17 View comments Billionaire Gerry Harvey has predicted Australia is heading into a 'great big black hole' of debt, with high inflation and no big interest rate drops for the next 12 months. The Harvey Norman co-founder, 84, made the comments after the retail group's annual shareholder meeting on Wednesday. 'Debt is a huge problem going forward, because the way that we are travelling at the moment, we are heading into a great, big black hole,' he told the Australian. 'That is not going to happen tomorrow. But if you’re trying to figure out five years from now, where will Australia be with the way we are behaving at the moment, we’ll be in a much, much worse position than we are today because of the cost of all of things the government wants – health, aged care, NDIS and social services – all this money they need, they haven’t got it. 'Where are they going to get it (money) from? Are they going to borrow it, what are they going to do?' Mr Harvey described the Aussie economy as 'okay' but hampered by high inflation, made worse with high government spending. 'Governments can’t spend all this money and throw money out there in the economy, and then expect interest rates to drop and inflation to drop. It can’t happen,' he said. 'And interest rates will not come down, or if they do it will be very minimal. We can be sitting here this time next year, and our interest rates might not be any different to what it is now, or it might be marginally lower, but it’s not going to be 2 per cent or 3 per cent where it was.' Billionaire Gerry Harvey has predicted Australia is heading into a 'great big black hole' of debt, with high inflation and no big interest rate drops for the next 12 months Mr Harvey has previously slammed the Albanese government and accused it of playing politics in its 'irresponsible' Budget released in May . He said his power bills had doubled in the past two years as the government pushed renewable energy - and labelled Australia and New Zealand the worst of the eight countries where Harvey Norman operates. 'When I look at what it costs me now to run my warehouses as opposed to a couple of years ago, it's 100 per cent more. 'Anything you do at the moment in development costs is just so high and the government is not doing anything to reduce that.' But despite Mr Harvey's gloom about the economy, at Wednesday's AGM Harvey Norman reported total sales were up 1.7 per cent between July and October, with same-store sales up 1.4 per cent. At Australian stores, total sales were up 3.2 per cent, and same-store sales had increased 3.1 per cent. Harvey Norman chief executive Katie Page told shareholders online shopping wasn't a threat to the retailer but simply gave customers more flexibility to browse, order and pick up items. Harvey Norman, co-founded by Harvey and Ian Norman in Auburn, NSW in 1982, now has 198 franchised complexes and 120 company-operated stores in eight countries. 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Baltimore Amazon center busy on Cyber Monday
