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AP Sports SummaryBrief at 4:38 a.m. ESTB. Riley initiated coverage on shares of Nayax ( NASDAQ:NYAX – Free Report ) in a research note published on Tuesday, Marketbeat.com reports. The brokerage issued a buy rating and a $38.00 price objective on the stock. B. Riley also issued estimates for Nayax’s Q4 2024 earnings at $0.02 EPS, FY2024 earnings at ($0.17) EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $1.30 EPS. NYAX has been the subject of a number of other research reports. Jefferies Financial Group raised shares of Nayax from a “hold” rating to a “buy” rating in a research report on Wednesday, October 30th. Barclays raised their price objective on Nayax from $23.00 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, October 15th. Oppenheimer initiated coverage on Nayax in a report on Tuesday, October 1st. They set a “market perform” rating on the stock. Finally, Keefe, Bruyette & Woods decreased their price target on Nayax from $27.00 to $25.00 and set a “market perform” rating for the company in a research note on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Nayax currently has an average rating of “Moderate Buy” and an average target price of $30.00. View Our Latest Report on NYAX Nayax Stock Performance Nayax ( NASDAQ:NYAX – Get Free Report ) last released its earnings results on Tuesday, November 12th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. Nayax had a negative return on equity of 7.32% and a negative net margin of 3.62%. The firm had revenue of $83.01 million for the quarter, compared to analysts’ expectations of $88.40 million. During the same quarter in the previous year, the business posted ($0.09) EPS. Equities analysts expect that Nayax will post -0.16 EPS for the current fiscal year. Hedge Funds Weigh In On Nayax Hedge funds and other institutional investors have recently bought and sold shares of the business. Swedbank AB bought a new stake in Nayax in the first quarter valued at approximately $2,620,000. Y.D. More Investments Ltd bought a new stake in Nayax in the 2nd quarter valued at $14,790,000. Allspring Global Investments Holdings LLC acquired a new stake in Nayax during the 2nd quarter valued at $1,673,000. Baillie Gifford & Co. boosted its position in Nayax by 1.2% during the second quarter. Baillie Gifford & Co. now owns 50,086 shares of the company’s stock worth $1,072,000 after purchasing an additional 616 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Nayax by 184.1% in the third quarter. Assenagon Asset Management S.A. now owns 177,874 shares of the company’s stock valued at $4,638,000 after purchasing an additional 115,262 shares during the last quarter. Institutional investors own 34.87% of the company’s stock. Nayax Company Profile ( Get Free Report ) Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses. See Also Receive News & Ratings for Nayax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nayax and related companies with MarketBeat.com's FREE daily email newsletter .
Riding a 6-game win streak, the Eagles head to Hollywood again for a rematch with the young RamsRICHMOND, Va. , Nov. 22, 2024 /PRNewswire/ -- Universal Corporation (NYSE: UVV ) ("Universal" or the "Company"), a global business-to-business agriproducts company, today announced that, as expected, on November 19, 2024 , it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC") prior to November 18, 2024 , the end of the extension period provided by Rule 12b -25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 , to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also noted that the NYSE may nevertheless, in its own discretion, commence delisting proceedings at any time during such period. As previously disclosed in the Company's Notification of Late Filing on Form 12b-25, filed on November 12, 2024 (the "Form 12b-25") with the SEC, the Company was unable to file the Form 10-Q on a timely basis due to an ongoing internal investigation. As a result of the additional time required to complete its internal investigation, the process of finalizing financial statements for the second quarter of fiscal year 2025 could not be completed on a timely basis. The Company is committed to completing a deliberate, thorough investigation while diligently working to fulfill all reporting obligations and currently expects to file the Form 10-Q within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-Q will be filed within such period. About Universal Corporation Universal Corporation (NYSE: UVV ) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Among other things, these statements include statements regarding expectations about the Company's filing of its Form 10-Q for the quarter ended September 30, 2024 . These forward-looking statements are generally identified by the use of words such as we "expect," "believe," "anticipate," "could," "should," "may," "plan," "will," "predict," "estimate," and similar expressions or words of similar import. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance, or achievements to be materially different from any anticipated results, prospects, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty of the ultimate findings of the ongoing internal investigation, as well as the timing of its completion and costs and expenses arising out of the ongoing internal investigation process and its results; the impact of the ongoing internal investigation on us, our management and operations, including financial impact as well as any litigation or regulatory action that may arise from the ongoing internal investigation; the impact of the internal investigation on our conclusions regarding the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our ability to regain compliance with NYSE listing requirements; success in pursuing strategic investments or acquisitions and integration of new businesses and the impact of these new businesses on future results; product purchased not meeting quality and quantity requirements; our reliance on a few large customers; our ability to maintain effective information technology systems and safeguard confidential information; anticipated levels of demand for and supply of our products and services; costs incurred in providing these products and services including increased transportation costs and delays attributed to global supply chain challenges; timing of shipments to customers; higher inflation rates; changes in market structure; government regulation and other stakeholder expectations; economic and political conditions in the countries in which we and our customers operate, including the ongoing impacts from international conflicts; product taxation; industry consolidation and evolution; changes in exchange rates and interest rates; impacts of regulation and litigation on its customers; industry-specific risks related to its plant-based ingredient businesses; exposure to certain regulatory and financial risks related to climate change; changes in estimates and assumptions underlying our critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations; and general economic, political, market, and weather conditions. Actual results, therefore, could vary from those expected. Please also refer to such other factors as discussed in Part I, Item 1A. "Risk Factors" of Universal's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 , and related disclosures in other filings which have been filed with the U.S. Securities and Exchange Commission and are available on the SEC's website at www.sec.gov . All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all of the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein. Universal cautions investors not to place undue reliance on any forward-looking statements as these statements speak only as of the date when made, and it undertakes no obligation to update any forward-looking statements made, except as required by law. SOURCE Universal Corporation
Man held for indecent talk about deitiesThe Los Angeles Chargers activated running back J.K. Dobbins from injured reserve on Friday. Dobbins is formally listed as questionable but figures to be the team's top running threat for Saturday's road game against the New England Patriots. Teammate Gus Edwards (ankle) was ruled out Thursday. Dobbins has missed the past four games since sustaining a knee injury against the Baltimore Ravens on Nov. 25. He was a full practice participant Thursday before receiving the questionable label. The injury-prone Dobbins was enjoying a solid season prior to the knee ailment, with 766 yards and eight touchdowns on the ground and 28 receptions for 134 yards in 11 games. His career high for rushing yardage is 805 for the Ravens in 2020. Dobbins' return comes with the Chargers (9-6) just one win from clinching an AFC wild-card playoff spot. Los Angeles also elevated safeties Eddie Jackson and Kendall Williamson from the practice squad. --Field Level MediaJonah Goldberg: What if most Americans aren't bitterly divided?Universal Corporation Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024
DENVER , Dec. 18, 2024 /PRNewswire/ - The Board of Trustees (the "Board") of Principal Real Estate Income Fund (the "Fund"), announced today that it has approved a renewal of the Fund's share repurchase program. Under the share repurchase program, the Fund may purchase up to approximately 2.1% of its outstanding common shares beginning January 21, 2025 , in the open market, until January 21, 2026 . As part of its evaluation of options to enhance shareholder value, the Board has authorized ALPS Advisors, Inc. (the "Advisor") to repurchase the Fund's common shares at such times and in such amounts as the Advisor reasonably believes may enhance shareholder value. The Board and the Advisor continually analyze options to enhance shareholder value and potentially reduce the discount between the market price of the Fund's common share and the net asset value per share ("NAV"). The Board and the Advisor believe that the share repurchase program may further these goals because the program allows the Fund to acquire its shares in the open market at a discount to NAV, which will increase the NAV and thereby benefit remaining shareholders while potentially providing additional liquidity in the trading of the fund shares. The Board will monitor the repurchase program and will continue to consider strategic options to enhance shareholder value in the long-term. The Fund's repurchase program will be implemented on a discretionary basis under the direction of the Advisor. There is no assurance that the Fund will purchase shares at any specific discount level or in any specific amount or that the market price of the Fund's shares will increase as a result of any share repurchases. RISKS An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle. Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment and exposure to below-investment grade investments (i.e., "junk bonds"). The Fund's net asset value will vary and its distribution rate may vary and both may be affected by numerous factors, including changes in the market spread over a specified benchmark, market interest rates and performance of the broader equity markets. Fluctuations in net asset value may be magnified as a result of the Fund's use of leverage. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares. Securities backed by commercial real estate assets are subject to market risks similar to those of direct ownership of commercial real estate assets including, but not limited to, declines in the value of real estate, declines in rental or occupancy rates and risks related to general and local economic conditions. The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.principalcef.com or call 855.838.9485. Please read them carefully before investing . Shares of closed-end investment companies frequently trade at a discount from their net asset value and initial offering prices. NOT FDIC INSURED | May Lose Value | No Bank Guarantee The Fund is a closed-end fund and does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value. ALPS Advisors, Inc. is the investment adviser to the Fund. Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates. ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member firm. About SS&C Technologies SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut , and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com . About SS&C ALPS Advisors SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, is a leading provider of investment products for advisors and institutions. With over $26.24 billion under management as of September 30, 2024 , SS&C ALPS Advisors is an open architecture boutique investment manager offering portfolio building blocks, active insight and an unwavering drive to guide clients to investment outcomes across sustainable income, thematic and alternative growth strategies. For more information, visit www.alpsfunds.com. About SS&C Technologies Principal Real Estate Investors manages or sub-advises $102 billion in commercial real estate assets, as of September 30, 2024 . The firm's real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group ® . PRE000436 12/18/2025 View original content: https://www.prnewswire.com/news-releases/principal-real-estate-income-fund-continues-share-repurchase-program-302335508.html SOURCE Principal Real Estate Income FundUS House task force releases report on AI regulation with 66 key findings, 85 recommendations
Violence against sanitary worker condemnedFor those tempted by a takeaway coffee while out and about, investing in a travel mug can help save a few quid weekly. Ninja has just dropped a new insulated cup - the Sip Perfect Travel Mug - that's ideal for busy caffeine fiends and savvy shoppers have spotted away to snap it up for less than half price, making it a perfect Christmas gift on a budget - whether for yourself or a lucky someone. As you'd expect from the foodie gadget brand, Ninja's Sip Perfect is not your average travel mug; as well as locking shut so it's totally leak-proof it absorbs heat energy, cooling down your beverage to the perfect sipping temperature in mere minutes. The Sip Perfect Travel Mug comes in a trio of sleek colourways with options in black, white and green . It keeps your drink toasty inside without getting hot outside, so you won't scald your hands when rushing around doing daily tasks. Fans of the brand are over the moon with the mug, giving it props for its ability to maintain coffee at an ideal warmth, ensuring its not scalding yet remains heated for hours on end. READ MORE: Shoppers love Elle MacPherson's menopause supplement as it's 'replacing coffee' READ MORE: Anker's Ultra-compact power bank is now 30% off with Amazon trick Ninja's travel mug launched earlier this month with a price tag of £29.99, but clever buyers have spotted a trick to bag it for less than half that price thanks to a money saving site. Shoppers who sign up with TopCashback can get the mug for £12.99 by signing up as a new member, claiming a free £15 signup bonus and buying the travel mug through their website, reports Wales Online . While the mug is a new launch so the total number of reviews for it is relatively small, it has already got an average rating of 4.4 out of 5 stars. One satisfied customer said: "You can tell that this is a high quality travel cup. It is very well made and is very sturdy. Even with a hot drink inside, the outside is still cool to the touch. It has a textured coating so it should not slip out of your hands." Another reviewer noted: "It is heavier than some, but I wouldn't let that put you off, as it is not overly so. You don't need to leave the cap open to cool down to drink if it is scalding hot (it was at a good temperature to drink immediately). The open/close click top kept the coffee hot each time you take a sip and it kept hot throughout. The sip spout does not drip and the drink flowed easily." "I have tested this cup after three hours and it was still hot and it did not leak. I am looking forward to using this when I go on my walks with family and taking the cup to work and knowing that it will not leak is a big plus." A third said: "This is a great little cup, for me anyway as I make a cuppa in the morning and then check my emails and socials, and get lost in them for a while, so my coffee tends to go cold but not with this wee beauty. It has kept my coffee hot for two and a half hours so far. I say so far as I have drank it all now. I will be using this every morning from now on." A fourth reviewer appreciated the mug but cautioned that some might find it heavy and difficult to open, writing: "If you are looking for an insulated mug, then this does the job. It keeps contents hot for a long time and you can sip them whenever you want. Decent size for a mug. Unfortunately, I find it a bit heavy so not for me. Otherwise it would get five stars." One buyer voiced some difficulties with the product, revealing: "It was also difficult to open at first. When I did get it open the 'use and care guide' was inside. One of the 'caution' guides says that if you can't open the lid by hand, do not open and return to Ninja! Only read this after I struggled to open it." Another customer pointed out a drawback in terms of the mug 's size, noting: "Initial thoughts were it's an attractive and stylish travel mug. Drinking from the mug is easy and I liked the locking lid mechanism which felt secure and safe. Size is good for taking on short journeys. I put piping hot coffee into the mug and within five minutes, the liquid had cooled to a drinkable temperature. "Unfortunately as a travel mug for me, it has a problem - it is too big for the cup holders in my Audi. I'm sure not all cup holders are equal, but this is a drawback." For coffee fans the perfect travel mug is somewhat of a Holy Grail and there are plenty of other options vying for consumers' attention this festive season. The Stanley Quencher may be the celeb-drink bottle of choice, but their iconic Aerolight not only comes in at a slightly cheaper price point - it's available in 11 colours from £33 on the Stanley website but on Amazon if you're less fussed about shade you can choose one from £29.99 . Elsewhere, Dualit has a stunning brushed stainless steel option currently £19.99 on Amazon . Amazon also offers an alternative the Thermos Stainless Travel Mug, priced starting at £24.89 . It comes in a selection of eye-catching colours like black, copper, red, and raspberry. Navigate to TopCashback and sign up as a new member. Search for Ninja, click ' Get Cashback Now ' and purchase as normal. You're entitled to £15 cashback when you spend £15 or more on any item including the Ninja Sip Perfect Travel Mug. Cashback will then track and appear in your TopCashback account within seven working days of your purchase.Economy stagnates as businesses give ‘thumbs down’ to budget
36 TikTok Products To Add Your Self-Care Routine, StatEditor’s note: This story was updated to add missing detail in the introduction and further updated to reflect approval of a cease-fire deal by Israel’s cabinet and U.S. President Joe Biden’s Tuesday afternoon announcement. Stock price action in the story has been updated and exchange and ticker info for the ISRA ETF has been corrected as well. The governments of Israel and Lebanon have accepted a cease-fire deal, President Joe Biden said Tuesday. “Today I have some good news to report from the Middle East,” Biden said, adding that he spoke with the prime ministers of Israel and Lebanon. “I am pleased to announce that their governments have accepted the U.S. proposal to end the devastating conflict between Israel and Hezbollah,” said Biden, who made the remarks in the White House Rose Garden. The cease-fire is set to take effect at 4 a.m. Wednesday, Biden said. Hezbollah has not immediately commented on the deal announcement, the New York Times reported. Lebanon’s government does not control the Hezbollah militant group. The deal calls for a 60-day truce, The New York Times reported, and would be overseen by the U.S., United Nations and others. Israel would withdraw forces from Lebanon and Hezbollah would move fighters to north of the Litani River. Strikes between Israel and Hezbollah have continued during the cease-fire negotiations. What Happened : The short-term proposal is to pause hostilities for 60 days but with the intention of a lasting truce, according to CNN , which cited an Israeli official. Israeli Prime Minister Benjamin Netanyahu offered three reasons for the cease fire, one being to shift focus to Iran, replenish Israeli troops and put greater pressure on Hamas to release the hostages that were captured on Oct. 7, 2023 . See Also: Crude Oil Moves Lower; Dick’s Sporting Goods Earnings Top Views Why It Matters : Not everyone is so confident the cease-fire will work. Per the New York Times , Israel’s national security minister Itamar Ben-Gvir stressed the need for a "security zone" inside Lebanon to defend against Hezbollah. Otherwise, the two countries risk another war in the future, he said. Ben-Gvir did not indicate that a cease-fire decision would cause him to leave Netanyahu's coalition. Market Reactions Oil prices were trading down Tuesday, with the United States Oil Fund USO 0.65% lower at last check. Israeli stocks, as monitored through the VanEck Israel ETF ISRA are up 23.5% year-to-date. Other oil ETFs were in the red at last check Tuesday afternoon. ProShares Ultra Bloomberg Crude Oil UCO fell by 0.93%, SPDR S&P Oil & Gas Exploration & Production ETF XOP was down 0.75% ahead of the closing bell and MicroSectorsTM Oil & Gas Exploration & Production 3X Leveraged ETNs OILU saw a 0.45% drop, according to Benzinga Pro . Now Read: Will Trump Lead US Into Trade War With Mexico? President Claudia Sheinbaum Rebukes Threats Image: Shutterstock . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
New 2025 laws hit hot topics from AI in movies to rapid-fire gunsPhoto: The Canadian Press Damien Steel, right, Deep Sky CEO and Isabelle Callaghan, Deep Sky Project Manager, are seen posing for a photo at Deep Sky's direct air capture test facility, which is currently under construction, in Innisfail, Alta., in a 2024 handout photo. THE CANADIAN PRESS/HO-Deep Sky, A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring. Montreal-based startup Deep Sky announced Wednesday it was awarded funding from the Gates-founded Breakthrough Energy Catalyst to help finance what it calls its Deep Sky Alpha project. Construction work at the project site, located north of Calgary in the town of Innisfail, is already under way, Deep Sky CEO Damien Steel said in an interview. "This should be a proud moment for Canada. This facility in April of 2025 will be one of the first full-stack facilities in North America to actually remove CO2 from the atmosphere using renewable power, and store it underground in a deep saline aquifer," Steel said. Founded in 2023 by Frederic Lalonde — the Canadian entrepreneur who co-founded online travel company Hopper, Inc. — DeepSky aims to tackle the global climate crisis by building the world's first direct air capture carbon removal test hub and commercialization centre. It is the first Canadian company to receive an investment from Breakthrough Energy Catalyst, which funds commercial projects for emerging climate technologies in an effort to accelerate their adoption and reduce their costs. "The world will ultimately need many approaches to carbon removal at prices far lower than is achievable today, but Deep Sky's platform will enable and accelerate the kind of real-world innovation that could make affordable (direct air capture) achievable," Mario Fernandez, head of Breakthrough Energy Catalyst, said in a release. Direct air capture is a term that refers to physically removing excess carbon dioxide from the atmosphere to slow global warming. It is different from carbon capture and storage, which refers to capturing carbon from smokestacks or other industrial emission points. Pulling carbon dioxide directly from the air is seen by proponents as a way to clean up historic emissions that have already escaped into the atmosphere, meaning it could potentially help reverse the damaging impacts of climate change. The technology typically involves the use of giant vacuums or fans to suck in air and then pass it through a filtration system to remove the CO2 for safe storage underground. Companies such as Canada's Carbon Engineering Ltd. — which was acquired by U.S.-based Occidental Petroleum for US$1.1 billion in 2023 — and Switzerland's Climeworks already have major projects in Texas and Iceland, respectively. But while the number of direct air capture pilot projects around the world is growing, the technology remains expensive and faces steep barriers to wide-scale deployment. "(Direct air capture) is much, much more difficult than (traditional carbon capture and storage) because the density of CO2 in the air is much lower than the density of CO2 in the chimney stack," Steel said. "(The industry) also has an energy problem. You need renewable power to run these devices and we just don't have enough renewable power on the planet." At its Innisfail site, Deep Sky says it will be piloting up to 14 direct air capture projects from companies around the world, in an effort to see which ones work best and could be commercialized. It has already signed contracts with eight companies to deploy their individual technologies at the site. "There are over 100 (direct air capture) companies in the world today, and we've met with every single one," Steel said. "We're looking for technologies that have a path to being very energy efficient, and we also look for technology that doesn't require any special type of feedstock and doesn't produce any crazy type of waste." Carbon dioxide captured at the Deep Sky site will be transported to an existing well at the Meadowbrook Carbon Storage Hub facility north of Edmonton, where it will be injected and stored two kilometres underground. The entire test hub will be powered by renewable energy, and Deep Sky intends to generate revenue by selling the carbon credits it earns. Deep Sky plans to invest over $100 million in the project over a 10-year period, and added the project will benefit from a federal investment tax credit that aims to incentivize the construction of carbon capture facilities in Canada. The UN Intergovernmental Panel on Climate Change has acknowledged that carbon dioxide removal at the scale of millions or even billions of tonnes will be necessary by 2050 in order to stabilize the planet's climate. That is a daunting task, Steel said, given only a small handful of projects currently exist worldwide. The largest, Climeworks' Mammoth facility in Iceland, has capacity to capture just up to 36,000 tonnes of CO2 annually. But Steel said he believes it is both possible and necessary to rapidly scale up the deployment of direct air capture technology. "What I love to tell people is, it's truly incredible what human beings can do when their backs are against the wall," he said.
Samsung Ordered to Pay $118 Million for Infringing Netlist Patents
Quebec Premier François Legault says he’s looking at ways to end prayer in public places, including parks, as his government promises to table new legislation to strengthen secularism in schools. Legault made the comments during a press conference in Quebec City on Friday to mark the end of the fall legislative session. He said he wants to send a “very clear message to Islamists” that Quebec will fight against any disrespect of its fundamental values, including secularism. The premier said that recent reports of teachers allowing prayers in classrooms and preventing girls from playing sports, which have triggered an outcry in Quebec, are “totally unacceptable.” “There are teachers who are bringing Islamist religious concepts into Quebec schools,” he said. “I will definitely not tolerate that. We don’t want that in Quebec.” Legault then went a step further when asked by a reporter if he was also bothered by prayer in public places. “Seeing people on their knees in the streets, praying, I think we have to ask ourselves the question. I don’t think it’s something we should see,” he said, adding that his government is considering whether it can legislate on the issue. He went on to say he doesn’t want to see people praying “in public parks or public streets.” When questioned about the constitutionality of banning public prayer, he said the government is “looking at all possibilities, including the use of the notwithstanding clause,” which allows governments to override certain sections of the Charter of Rights and Freedoms. Images of Muslims praying in Montreal have sparked controversy in recent months, including when a group gathered in a city park to celebrate Eid al-Adha last June, prompting the borough mayor to muse about banning all religious events in public parks. In a statement, the Canadian Muslim Forum said Legault’s comments suggest that some politicians view Muslims as second-class citizens. “These remarks add to a pattern of political rhetoric that unfairly targets Quebecers, especially those of Muslim faith, based solely on their backgrounds,” the statement reads. Legault’s comments come as the province grapples with a series of reports about Muslim religious practices appearing in some of the province’s public schools. On Friday, Education Minister Bernard Drainville declared the government will introduce a new bill aimed at reinforcing secularism in Quebec schools. The announcement followed a Friday report in La Presse that documented students at a high school in Laval, north of Montreal, praying in classrooms and hallways and disrupting a play focused on sexually transmitted infections and pregnancy prevention. Drainville told reporters in Quebec City that the behaviour does not represent “our Quebec” and is “completely intolerable and unacceptable.” “These acts of a religious nature clearly contravene secularism obligations,” he said in a social media statement. “One can easily imagine the psychological impact that some of these behaviours may have had on students.” The news story is the latest in a growing number of incidents reported at Quebec schools involving Muslim teachers and students. The wave of allegations was sparked by a government investigation, made public in October, that found a toxic climate at a Montreal elementary school. The report found that a group of teachers at Bedford school, mostly of North African descent, yelled at and humiliated students. Some teachers didn’t believe in learning disabilities and attributed students’ difficulties to laziness. Subjects like science and sex education were either ignored or barely taught, and girls were prevented from playing soccer. Eleven teachers have since been suspended from the school. The government is now looking into 17 schools it believes may have breached the province’s secularism law. The report on those schools is expected in January, but Drainville says he can already confirm that the government is going to act. Quebec used the notwithstanding clause to shield the province’s controversial secularism law, Bill 21, from constitutional challenges. That law prevents certain public sector workers, including teachers and police officers, from wearing religious symbols on the job. The government also invoked the clause to protect its contentious language law, Bill 96. On Friday, Legault said the protection of Quebec’s identity has been one of his top priorities over the last year and repeated his claims that temporary immigration is threatening the French language in Montreal. He also reiterated that he’s “open” to the idea of a Quebec constitution, following a recent recommendation from a committee tasked with coming up with ways to boost Quebec’s autonomy. He said a constitution could enshrine Quebec’s values, including secularism and equality between men and women.NonePresident-elect Donald Trump has chosen health economist Dr. Jay Bhattacharya, a critic of pandemic lockdowns and vaccine mandates, to lead the National Institutes of Health, the nation's leading medical research agency. Trump, in a statement Tuesday evening, said Bhattacharya, a 56-year-old physician and professor at Stanford University School of Medicine, will work in cooperation with Robert F. Kennedy Jr., his pick to lead the Department of Health and Human Services, "to direct the Nation’s Medical Research, and to make important discoveries that will improve Health, and save lives.” “Together, Jay and RFK Jr. will restore the NIH to a Gold Standard of Medical Research as they examine the underlying causes of, and solutions to, America’s biggest Health challenges, including our Crisis of Chronic Illness and Disease," he wrote. The decision to choose Bhattacharya for the post is yet another reminder of the ongoing impact of the COVID pandemic on the politics on public health. Bhattacharya was one of three authors of the Great Barrington Declaration, an October 2020 open letter maintaining that lockdowns were causing irreparable harm. Get the latest breaking news as it happens. By clicking Sign up, you agree to our privacy policy . The document — which came before the availability of COVID-19 vaccines and during the first Trump administration — promoted “herd immunity,” the idea that people at low risk should live normally while building up immunity to COVID-19 through infection. Protection should focus instead on people at higher risk, the document said. “I think the lockdowns were the single biggest public health mistake,” Bhattacharya said in March 2021 during a panel discussion convened by Florida Gov. Ron DeSantis. The Great Barrington Declaration was embraced by some in the first Trump administration, even as it was widely denounced by disease experts. Then- NIH director Dr. Francis Collins called it dangerous and “not mainstream science.” His nomination would need to be approved by the Senate. Trump on Tuesday also announced that Jim O’Neill, a former HHS official, will serve as deputy secretary of the sprawling agency. Trump said O’Neill “will oversee all operations and improve Management, Transparency, and Accountability to, Make America Healthy Again,” the president-elect announced. O’Neill is the only one of Trump’s health picks so far who brings previous experience working inside the bureaucracy to the job. Trump’s previous choices to lead public health agencies — including Kennedy, Dr. Mehmet Oz for Centers for Medicare and Medicaid Services administrator and Dr. Marty Makary for Food and Drug Administration commissioner — have all been Washington outsiders who are vowing to shake up the agencies. Bhattacharya, who faced restrictions on social media platforms because of his views, was also a plaintiff in Murthy v. Missouri, a Supreme Court case contending that federal officials improperly suppressed conservative views on social media as part of their efforts to combat misinformation. The Supreme Court sided with the Biden administration in that case. After Elon Musk acquired Twitter in 2022, he invited Bhattacharya to the company's headquarters to learn more about how his views had been restricted on the platform, which Musk renamed X. More recently, Bhattacharya has posted on X about scientists leaving the site and joining the alternative site Bluesky, mocking Bluesky as "their own little echo chamber.” Bhattacharya has argued that vaccine mandates that barred unvaccinated people from activities and workplaces undermined Americans' trust in the public health system. He is a former research fellow at the Hoover Institution and an economist at the RAND Corporation. The National Institutes of Health falls under HHS, which Trump has nominated Kennedy to oversee. The NIH's $48 billion budget funds medical research on vaccines, cancer and other diseases through competitive grants to researchers at institutions across the nation. The agency also conducts its own research with thousands of scientists working at NIH labs in Bethesda, Maryland. Among advances that were supported by NIH money are a medication for opioid addiction, a vaccine to prevent cervical cancer, many new cancer drugs and the speedy development of mRNA COVID-19 vaccines.
INGLEWOOD, Calif. (AP) — For the second straight season, the Philadelphia Eagles are headed to SoFi Stadium with a lengthy winning streak and a team that looks like one of the best in the NFC. The Los Angeles Rams (5-5) couldn't do much to slow them down last season, but they'll try again Sunday night with a young team that hopes to get where the Eagles (8-2) are already standing — atop their division with a six-game winning streak. Philadelphia also made this road trip in October 2023 for a meeting of the previous two NFC champions, and the unbeaten Eagles held on for a 23-14 victory despite failing to score a touchdown in the second half. Jalen Hurts passed for 303 yards and a touchdown and rushed for 72 yards and another score, while Jalen Carter sacked Matthew Stafford twice while the Eagles prevented LA from crossing midfield in the second half. “I just remember that they do a great job of controlling the game,” Rams coach Sean McVay said. “They shortened the game, and that’s been a consistent theme that they do an excellent job of. I remember feeling like that’s a good team, and we had our chances, but they certainly made it difficult for us and they earned that win.” Philadelphia comes into the rematch on extra rest after beating Washington 26-18 in a Thursday night game. The young Rams have won four of their past five , but they haven't managed the consistency necessary to become an elite team. Strength against strength The Eagles’ NFL-best defense includes one of the league’s best cornerback duos in Darius Slay and rookie Quinyon Mitchell. The Rams’ offense is built around Stafford’s ability to get the ball to Cooper Kupp and Puka Nacua, two of the NFL’s top wideouts. That dual matchup should determine whether the Rams can score enough points to keep up with Philadelphia. “Their personnel is as good as it gets, as far as we’ve seen,” Stafford said of the Eagles defense. “I've just watched them from afar. It’s impressive what you see on tape. They do a really nice job of disguising their looks and giving you a bunch of things to look at.” Defensive rookie dynamos The game also features the two front-runners for the AP NFL Defensive Rookie of the Year award. Mitchell is widely considered the top rookie cornerback in the league, but Los Angeles edge rusher Jared Verse is the consensus favorite for the award so far after his dynamic start to the season with 4 1/2 sacks and 11 tackles for loss. Hurts expected to play Hurts is expected to play Sunday after being limited in practice this week by an ankle injury. He said the limited practice was part of a program put together by the Eagles to strengthen his recovery with extra days off. He also cleared concussion protocol after his head was spiked into the ground against Washington. Hurts has 2,197 yards passing with 12 TDs and five interceptions. Thanks in large part to the “tush push,” Hurts has 11 rushing TDs. “It’s not necessarily about all health,” Hurts said. “I think it’s a mentality where we are. We’re in a phase of the year where things could have very easily, well, they didn’t end the way we wanted to (last season). So that’s in the back of my mind as we enter this phase and putting an emphasis on finishing strong, putting ourselves in a good place.” Just for kicks The Eagles remain confident in kicker Jake Elliott as he comes off perhaps the worst game of his career, missing two field goals and an extra point against Washington. Elliott signed a four-year, $24 million extension in March, but he has already missed five field-goal attempts this season. He holds the franchise record with seven field goals of 50 yards or more in a season, but has missed all four attempts from 50-plus in 2024. “It’s funny with Jake, he’s such a competitor and such a good kicker, you almost take it a little bit for granted when he’s out there; it’s an automatic,” special teams coach Michael Clay said. “But I have such supreme confidence in Jake. At times, it’s just not your day. We’d be probably a little bit more on edge if the ball was sprayed all over the place.” Here we go again? The Eagles are rolling with six straight wins out of the bye, and only Detroit has a better record in the NFC. But Philly fans know better than to expect good times ahead after the Eagles turned a 10-1 start last season into a 1-5 finish and a playoff loss in the wild-card round. So why should anyone expect the Eagles to keep it together this season instead of collapsing yet again? “I think we’ve got some really good teammates and coaches. Everyone is just so locked in to becoming better,” coach Nick Sirianni said. “I do feel like that, that everyone is locked in to becoming better. I felt that way last year, too. Don’t get me wrong. It didn’t work. There were things that happened last year that we feel like we’ve corrected, that we’re on the right track.” AP Sports Writer Dan Gelston in Philadelphia contributed. AP NFL: https://apnews.com/NFL
One in three Americans are stockpiling daily necessities like toilet paper and nonperishable food out of fear that President-elect Donald Trump’s pledge to add tariffs to imported goods will lead to higher prices, according to a new survey. Some 34% of respondents said they are stockpiling items because they are “fearful or uncertain about the future,” according to a December report from CreditCards.com , which publishes information on credit cards and financial literacy. The organization in late November surveyed 2,000 U.S. residents. Overall, the majority of respondents said they would use credit cards for some or most of their purchases this holiday season, with three in 10 planning to go into or take on additional debt. Of the 30% of shoppers that said they plan to buy more than usual this holiday season, the top reason was fear of rising prices due to tariffs, cited by 39% of those spending more. Americans already owe a record $1.17 trillion on their credit cards, an increase of 8.1% in a year, according to the most recent quarterly report on household debt from the Federal Reserve Bank of New York. Trump has repeatedly said he will impose tariffs on foreign goods, vowing an additional 10% levy on products from China and 25% tariffs on all items from Mexico and Canada. Economists have warned that tariffs will likely raise prices on gasoline to lumber and send domestic inflation higher.Quest Partners LLC acquired a new stake in TriCo Bancshares ( NASDAQ:TCBK – Free Report ) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 13,793 shares of the financial services provider’s stock, valued at approximately $588,000. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TCBK. Dimensional Fund Advisors LP raised its position in shares of TriCo Bancshares by 3.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,502,992 shares of the financial services provider’s stock valued at $59,471,000 after purchasing an additional 50,358 shares during the period. American Century Companies Inc. raised its holdings in TriCo Bancshares by 27.3% in the 2nd quarter. American Century Companies Inc. now owns 403,712 shares of the financial services provider’s stock worth $15,975,000 after acquiring an additional 86,689 shares during the period. Curi RMB Capital LLC lifted its position in TriCo Bancshares by 1.6% during the 3rd quarter. Curi RMB Capital LLC now owns 346,833 shares of the financial services provider’s stock worth $14,792,000 after acquiring an additional 5,314 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in TriCo Bancshares by 8.9% during the second quarter. Renaissance Technologies LLC now owns 235,867 shares of the financial services provider’s stock valued at $9,333,000 after acquiring an additional 19,224 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of TriCo Bancshares by 5.6% in the second quarter. Bank of New York Mellon Corp now owns 184,610 shares of the financial services provider’s stock valued at $7,305,000 after purchasing an additional 9,723 shares during the last quarter. 59.11% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling at TriCo Bancshares In other TriCo Bancshares news, Director Michael W. Koehnen sold 1,400 shares of TriCo Bancshares stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $45.20, for a total value of $63,280.00. Following the completion of the transaction, the director now owns 3,000 shares in the company, valued at approximately $135,600. The trade was a 31.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Company insiders own 4.64% of the company’s stock. TriCo Bancshares Stock Up 3.2 % TriCo Bancshares ( NASDAQ:TCBK – Get Free Report ) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.06. The firm had revenue of $133.84 million during the quarter, compared to analyst estimates of $98.65 million. TriCo Bancshares had a net margin of 21.12% and a return on equity of 9.45%. On average, analysts anticipate that TriCo Bancshares will post 3.38 EPS for the current year. Wall Street Analysts Forecast Growth Several equities analysts recently weighed in on the company. Piper Sandler cut their price objective on TriCo Bancshares from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, October 28th. Stephens reduced their price objective on TriCo Bancshares from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Janney Montgomery Scott reaffirmed a “neutral” rating on shares of TriCo Bancshares in a research report on Friday, July 26th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $48.00 price target (up from $42.00) on shares of TriCo Bancshares in a report on Monday, July 29th. Finally, DA Davidson downgraded shares of TriCo Bancshares from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $50.00 to $53.00 in a report on Tuesday, November 12th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $48.20. View Our Latest Stock Report on TriCo Bancshares TriCo Bancshares Profile ( Free Report ) TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans. Further Reading Want to see what other hedge funds are holding TCBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TriCo Bancshares ( NASDAQ:TCBK – Free Report ). 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