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One in 22 properties in regional Victoria sold at a loss in past quarter
NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially on . The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its . The Dow Jones Industrial Average lost 234 points, or 0.5%, and the Nasdaq composite sank 0.7% from its record set the day before. A report early in the morning said more U.S. workers applied for unemployment benefits last week than expected. A separate update, meanwhile, showed that inflation at the wholesale level, before it reaches U.S. consumers, was hotter last month than economists expected. Neither report points to imminent disaster, but they dilute one of the hopes that’s driven the S&P 500 to : Inflation is slowing enough to convince the Federal Reserve to keep cutting interest rates, while the economy is remaining solid enough to stay out of a recession. Of the two reports, the weaker update on the job market may be the bigger deal for the market, according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. A surge in egg prices may have been behind the worse-than-expected inflation numbers. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. Traders are widely expecting the Fed will ease its main interest rate at its meeting next week. If they’re correct, it would be a third straight cut by the Fed after it from a two-decade high. It’s hoping to support a after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. A cut next week would have the Fed following other central banks, which lowered rates on Thursday. The by a quarter of a percentage point, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, Switzerland’s central bank pointed to uncertainty about how U.S. President-elect Donald Trump’s victory will affect economic policies, as well as about where politics in Europe is heading. Trump has talked up that could upend global trade. He rang the at the On Wall Street, Adobe fell 13.7% and was one of the heaviest weights on the market despite reporting stronger profit for the latest quarter than analysts expected. The company gave forecasts for profit and revenue in its upcoming fiscal year that fell a bit shy of analysts’. Warner Bros. Discovery soared 15.4% after unveiling a new corporate structure that separates its streaming business and film studios from its traditional television business. CEO David Zaslav said the move “enhances our flexibility with potential future strategic opportunities,” raising speculation about a spinoff or sale. Kroger rose 3.2% after saying it would get back to buying back its own stock now that its . Kroger’s board approved a program to repurchase up to $7.5 billion of its stock, replacing an existing $1 billion authorization. All told, the S&P 500 fell 32.94 points to 6,051.25. The Dow Jones Industrial Average dropped 234.55 to 43,914.12, and the Nasdaq composite sank 132.05 to 19,902.84. In stock markets abroad, European indexes held relatively steady following the European Central Bank’s cut to rates. Asian markets were stronger. Indexes rose 1.2% in Hong Kong and 0.8% in Shanghai as in Beijing to set economic plans and targets for the coming year. South Korea’s Kospi rose 1.6% for its third straight gain of at least 1%, as it pulls back following where its president briefly declared martial law. In the bond market, the 10-year U.S. Treasury yield rose to 4.33% from 4.27% late Wednesday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Why industries are turning to Arizona for cyber security leadershipAustralian artists are moving away from large record labels and forming unique relationships with fans through social media to gain huge followings. The new trend is seeing Australian emerging artists become social media experts, using TikTok videos and Instagram reels to win over audiences as international artists dominate Aussie charts. Bogan funk band from Melbourne, Playlunch, shot up on social media in 2023 following the release of their hit Soupe Opera, which sampled the classic French stop motion TV show from the 90s. Formed in Melbourne’s east, Playlunch weaves funk and disco influences with Australian culture references, from former Victorian Premier Daniel Andrews’ infamous “get on the beers” comment to Corey Worthington’s “I’ll say sorry but I won’t take my glasses off” interview. Frontman Liam Bell plays guitar, produces music, co-manages the band and works a string of jobs on the side to pay the bills, all while running the band’s social media. The 26-year-old said needing emerging artists to be social media experts is “such a big ask” and can be a “hassle”, admitting he previously resented the expectation. “Being a good performer and just writing and playing music as well as you can is a hard enough endeavour, without having to add to it to be able to become a marketing expert — that’s such a big ask of artists these days,” Bell said. A crowd went wild in Frankston after local band Playlunch divided them into "house colours" in a throwback to Athletics Day at school. However he said the ability to control the band’s image is liberating and has been a great way to connect with their audience. Recalling a tour of the East Coast back in April, Bell said concert goers had dressed up after catching on to their house colour themed outfits (synonymous with athletics days in Aussie schools), referenced in their song Athletics Day and in videos posted to social media. “They were so excited to see us – they were lined up, they were wearing costumes ... they’re proper fans,” he said. The content Playlunch posts ranges from clips from their shows and music videos to candid chats, including one from November where Bell gave a shout out to a fan who handed out detention slips at one of their gigs. The slips were scrawled with “detention for outfits being too cool”, “unrealistically funky”, and “landlord gave an eviction” – the latter a reference to their song No Hat No Play. “We didn’t need a record label to help us get this ... this pure relationship between a fan and an artist,” Bell said. “It is truly liberating for artists, if you can make it work, to be in an age where you can do it all yourself and you can be as authentic as you are willing to dare to let yourself be without having any sort of idiot music industry executive saying they know any better, trying to cookie cut you and cut you off at the edges to fit you into some mould of what they think is going to succeed. “There’s just so much other stuff that is so much more real that people have found on social media.” Melbourne band Playlunch shot up on social media last year with their Australiana lyrics and influences, including their hit Soupe Opera, which sampled the classic French stop motion TV show from the 90s. Bell said he previously told himself using social media is “just what we have to do to build an audience, and eventually ... we (will) have that audience and we don’t need to have that same pressure anymore”. “But eventually you realise ‘Oh, the reason things are going well is because we’re putting this much work into social media’. You don’t get off the train,” he said. Q Music and Big Sound chief executive Kris Stewart said it’s “hard to deny” the need for new artists to use social media is “a pain in the a**”, but on the flip side a strong social media presence could give artists more agency over their image and help them get signed to a label. “For some artists it’s a positive, but obviously not for all artists because it expects you to be a lot better at more things than you probably expected to be to start your music career,” Mr Stewart said. “It’s sort of a move away from a tower of large labels, and certainly in Australia the ability for large labels to make a big investment in artists like they do.” He said it’s also a good way for people to “stumble upon” new artists, as algorithms on streaming services aren’t “there to surprise us”, but rather feed people with music and artists they already enjoy, making it difficult for emerging artists to break out. Indie-pop trio The Stamps have also made social media part of their regular routine, with band member Scarlett Graham admitting they spend “a lot of time” creating content to market themselves while having a bit of fun along the way. “I think that if you have control of your social media ... you’re able to attract an audience that is likely going to stick around if you are who you are,” Graham said. “If you’re able to control it yourself, then you’re able to capture the attention of people who absolutely like you for who you are, which I think is nice because then you get people who really do like you, listen and support you.” Having recently signed with the ABC, Bell urged other artists to put their best foot forward and learn how to use editing software. “It will be the best thing you ever do,” Bell said. “It will be a steep learning curve, and it will suck in the beginning, but once you’re good at this, it will just be completely invaluable to your success these days.” Playlunch are expected to drop new music in February 2025, while The Stamps recently dropped their new single Slow Burn.
Kansas holds off Auburn for No. 1 in AP Top 25 as SEC grabs 3 of top 4 spots; UConn slides to No. 25 Kansas continues to hold the No. 1 ranking in The Associated Press Top 25 men’s college basketball poll. Auburn is pushing the Jayhawks in the latest poll after winning the Maui Invitational and checked in at No. 2. Two-time reigning national champion UConn nearly fell out entirely after an 0-3 week at Maui, falling from No. 2 to 25th. The Southeastern Conference had three of the top four teams with No. 3 Tennessee and No. 4 Kentucky behind the Tigers. The poll featured six new teams, headlined by No. 13 Oregon, No. 16 Memphis and No. 18 Pittsburgh. TCU, Duke climb into top 10, Notre Dame drops in women's AP Top 25; UCLA and UConn remain 1-2 TCU has its best ranking ever in The Associated Press Top 25 women’s basketball poll after a convincing win over Notre Dame. The Horned Frogs jumped eight spots to No. 9, the first time the school has ever been in the top 10. The Fighting Irish, who were third last week, fell seven spots to 10th after losses to TCU and Utah. UCLA remained No. 1, followed by UConn, South Carolina, Texas and LSU. USC, Maryland and Duke are next. Houston's Al-Shaair apologizes for hit on Jacksonville's Lawrence that led to concussion HOUSTON (AP) — Houston’s Azeez Al-Shaair took to X to apologize to Jacksonville’s Trevor Lawrence after his violent blow to the quarterback’s facemask led to him being carted off the field with a concussion. Back in the starting lineup after missing two games with a sprained left shoulder, Lawrence scrambled left on a second-and-7 play in the second quarter of Houston’s 23-20 win on Sunday. He initiated a slide before Al-Shaair raised his forearm and unleashed on the defenseless quarterback. In the long post, Al-Shaair says "To Trevor I genuinely apologize to you for what ended up happening.” How to sum up 2024? The Oxford University Press word of the year is 'brain rot' LONDON (AP) — Oxford University Press has named “brain rot” its word of the year. It's defined as “the supposed deterioration of a person’s mental or intellectual state,” especially from consuming too much low-grade online content. Oxford University Press said Monday that the phrase “gained new prominence in 2024,” with its frequency of use increasing 230% from the year before. It was chosen by a combination of public vote and language analysis by Oxford lexicographers. The five other word-of-the-year finalists were demure, slop, dynamic pricing, romantasy and lore. Oxford Languages President Casper Grathwohl said the choice of phrase “feels like a rightful next chapter in the cultural conversation about humanity and technology.” Scientists gather to decode puzzle of the world's rarest whale in 'extraordinary' New Zealand study WELLINGTON, New Zealand (AP) — Scientists and culture experts in New Zealand have begun the first-ever dissection of a spade-toothed whale, the world's rarest whale species. The creature, which washed up dead on a beach on New Zealand's South Island in July, is only the seventh specimen ever found. None has ever been seen alive at sea. Almost nothing is known about it but scientists, working with Māori cultural experts, hope to answer some of the many lingering questions this week, including where they live, what they eat, how they produce sound and how this specimen died. Hong Kong launches panda sculpture tour as the city hopes the bear craze boosts tourism HONG KONG (AP) — Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park. The 2,500 exhibits will be publicly displayed at the Avenue of Stars in Tsim Sha Tsui, one of Hong Kong’s popular shopping districts, this weekend before setting their footprint at three other locations this month. The displays reflect Hong Kong’s use of pandas to boost its economy as the Chinese financial hub works to regain its position as one of Asia’s top tourism destinations. Violent hit on Jaguars QB Trevor Lawrence 'has no business being in our league,' coach says JACKSONVILLE, Fla. (AP) — Jacksonville Jaguars quarterback Trevor Lawrence was carted off the field after taking a violent elbow to the facemask from Houston linebacker Azeez Al-Shaair. It prompted two sideline-clearing scuffles. Lawrence clenched both fists after the hit, movements consistent with what’s referred to as the “fencing response,” which can be common after a traumatic brain injury. Lawrence was on the ground for several minutes as teammates came to his defense and mobbed Al-Shaair. Lawrence eventually was helped to his feet and loaded into the front seat of a cart to be taken off the field. He was not transported to a hospital. He was quickly ruled out with a concussion, though. Al-Shaair and Jaguars rookie cornerback Jarrian Jones were ejected after the first altercation. Big Ten fines Michigan and Ohio State $100,000 each for postgame melee ROSEMONT, Ill. (AP) — The Big Ten Conference has announced it fined Michigan and Ohio State $100,000 each for violating the conference’s sportsmanship policy for the on-field melee at the end of the Wolverines’ win in Columbus .A fight broke out at midfield Saturday after the Wolverines’ 13-10 victory when Michigan players attempted to plant their flag on the OSU logo and were confronted by the Buckeyes. Police used pepper spray to break up the players, who threw punches and shoves. One officer suffered a head injury when he was “knocked down and trampled while trying to separate players fighting." The officer was taken to a hospital and has since been released. Marshall Brickman, who co-wrote 'Annie Hall' with Woody Allen, dies at 85 NEW YORK (AP) — The Oscar-winning screenwriter Marshall Brickman, whose wide-ranging career spanned some of Woody Allen’s best films, the Broadway musical “Jersey Boys” and a number of Johnny Carson’s most beloved sketches, has died. He was 85. Brickman died Friday in Manhattan, his daughter Sophie Brickman told The New York Times. No cause of death was cited. Brickman was best known for his extensive collaboration with Allen, beginning with the 1973 film “Sleeper.” Together, they co-wrote “Annie Hall," “Manhattan” and “Manhattan Murder Mystery." The loosely structured script for “Annie Hall,” in particular, has been hailed as one of the wittiest comedies. It won Brickman and Allen an Oscar for best original screenplay. 'Moana 2' sails to a record $221 million opening as Hollywood celebrates a moviegoing feast NEW YORK (AP) — “Moana 2” brought in a tidal wave of moviegoers over the Thanksgiving Day weekend with $221 million in ticket sales. Studio estimates Sunday show that, combined with “Wicked” and “Gladiator II,” made for an unprecedented weekend in cinemas. “Moana 2" blew predictions out of the water, setting a record for Thanksgiving moviegoing. At the same time, the sensation of “Wicked” showed no signs of slowing down with $117.5 million over the five-day weekend. “Gladiator II” collected $44 million. For an industry that’s been battered in recent years by the pandemic, work stoppages and streaming, it was a triumphant weekend that showed the still-potent power of Hollywood’s blockbuster machine.
Lowe scores career-high 22, leads Pitt over LSU 74-63 in Greenbrier Tip-Off
AU President Jonathan Alger and Mr. Astin will celebrate the Class of 2024 on Dec. 15 WASHINGTON , Dec. 2, 2024 /PRNewswire/ -- American University is proud to present Sean Astin --fondly known to many as Mikey Walsh in The Goonies, Samwise Gamgee in the Lord of the Rings trilogy, Rudy Ruettiger in the sports classic Rudy, and Bob Newby in the Netflix's hit series Stranger Things--as the keynote speaker for fall commencement. Astin is also a recent graduate of the School of Public Affairs, earning his master's degree in public administration and policy. During the ceremonies, Astin will be awarded an honorary degree of Doctor of Humane Letters. Though many are familiar with his onscreen work, Astin is also known for his stewardship and leadership with his union, SAG-AFTRA. Serving on the National and Los Angeles Local Boards as well as on many committees, such as the Executive, Strike Preparedness, Government Affairs and Public Policy, and Government Rules. Astin served on the 2023 TV/Theatrical Negotiating Committee, which oversaw the historic 118-day summer strike, —one of the longest labor outages in Hollywood history, which resulted in $1 billion in gains for SAG-AFTRA and new protections around AI technology. The native Angeleno also served under six cabinet secretaries in two presidential administrations as a civilian aide to the Secretary of the Army. Astin was appointed to serve as a nonpartisan on the President's Council on Service and Civic Participation. "Through his longtime career as an actor, his civic engagement, and his work as a mental health advocate, Sean Astin exemplifies what it means to be a lifelong learner and community-builder, which are both important parts of what we do and who we are at American University ," said AU President Jonathan Alger . "And, as an Eagle himself, Sean will inspire our graduates with his journey and his continued quest to build change in our world." Astin regularly speaks to universities, corporations, and nonprofit organizations on various subjects, including leadership, acting, and with a special emphasis on mental health. His dedication to advancing the conversation around mental health continues the legacy of the late Patty Duke , who was a champion for those who are impacted. "I have always had a passion for public policy and administration. Completing my degree at American University this year is the realization of a lifelong dream. At this moment in the history of our country, nothing is more important than affirming the value of the skill, talent, and dedication of our civil servants," Astin said. "Starting during COVID, the American University online program was an incredible guide. From the curriculum to my cohort, my academic journey was rigorous and fulfilling. I am thrilled at the opportunity to be delivering this year's commencement address. I believe that my mission is to offer praise and appreciation for everyone's accomplishments and to share some thoughts on our path forward." Sean Astin and President Alger will celebrate approximately 1,475 graduates, who will receive their degrees from all eight of AU's schools during ceremonies at 9 a.m. and 1:30 p.m. in Bender Arena on the AU campus. Students will also hear from fellow graduates at each of the ceremonies: Oreoluwa Erinfolami, is receiving her Master's of Science from the College of Arts and Sciences. Erinfolami's passion for biotechnology led them to focus on regenerative medicine, stem cell research, and cell culture techniques. Ethan Cesar , who will be awarded his Bachelor of Arts from the School of Public Affairs and School of Communication, immersed himself in politics during his time at AU. Cesar interned for two U.S. representatives and one U.S senator. Mina Lili Kassim, will receive her Bachelor of Science from the School of International Service. Kassim hopes to pursue a career in the law field, while continuing to work with her organization Youth for Yemen , which focuses on uniting youth to address the Yemeni humanitarian crisis. Peyton Upchurch , who will be awarded her Master's of Education from the School of Education, is currently the assistant director of Alumni Communications at the University of North Carolina at Greensboro . Upchurch is excited to put the skills she built at AU to work in the world of education policy. This is American University's 148 th commencement. Sean Astin joins other notable American University fall commencement speakers such as Abby Phillip , CNN senior political correspondent and anchor of NewsNight , Andrea Mitchell , host of MSNBC's Andrea Mitchell Reports , and recently Surgeon General Dr. Vivek Murthy . ABOUT AMERICAN UNIVERSITY : American University leverages the power and purpose of scholarship, learning, and community to impact our changing world. AU's faculty, students, staff, and alumni are changemakers who shape the future from sustainability to social justice to the sciences. Building on our 130-year history of education and research in the public interest, we say "Challenge Accepted " to addressing the world's pressing issues. Our Change Can't Wait comprehensive campaign creates transformative educational opportunities, advances research with impact, and builds stronger communities. SOURCE American University
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SUGAR LAND, Texas, Dec. 12, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced that certain of its wholly owned subsidiaries have priced a proposed $325 million aggregate principal amount senior secured term loan B due 2027 (the “Facility”). The loans under the Facility will be issued at a price equal to 99% of their face value and bear interest at SOFR plus 4.0%, with closing expected before the end of the year. The proceeds of the loans under the Facility are expected to be used primarily for capital expenditures, including the planned 2025 turnaround at the Coffeyville refinery. The Company is also in negotiations for the potential sale of its interests in one of its midstream assets, with total consideration, if the transaction is finalized, approved and closed, expected to be under $100 million. Such sale, if any is consummated, is expected to further enhance the Company’s liquidity position. CVR Energy today also announced that, on December 12, 2024, it entered into a new employment agreement with Dave Lamp, its President and Chief Executive Officer and a member of its Board of Directors, which agreement is expected to commence on January 1, 2025, immediately following expiration of his existing employment agreement, and end on December 31, 2026, unless earlier terminated in accordance with its terms. This summary of the employment agreement is qualified in its entirety by the terms of the agreement, which will be reported on a Form 8-K to be filed with the U.S. Securities and Exchange Commission within four business days of execution. “As we discussed in our last earnings call, in light of current market conditions and our upcoming large turnaround at the Coffeyville refinery, we considered it prudent to further strengthen our liquidity and balance sheet. We are pleased with the positive feedback we have received relating to our potential Facility and feel confident in our ability to successfully close the Facility before year-end,” said Dave Lamp, CVR Energy’s President and Chief Executive Officer. “I consider these actions, as well as those announced in our last earnings call, as positioning CVR Energy to take advantage of improving market conditions when they occur, as I believe they will. I’m also pleased to announce that I have entered into a new employment agreement to extend my tenure as President and Chief Executive Officer of CVR Energy and Executive Chairman of CVR Partners’ general partner. I am proud of what we have accomplished over the past seven years and look forward to leading our companies into the future.” 2025 Capital Expenditure Outlook The Company also published its capital expenditure outlook for 2025 set forth below, which for its Petroleum segment and Corporate and other businesses is generally focused on projects the Company considers necessary to maintaining safe, reliable operations and projects currently underway that would incur additional costs by deferring completion such as the ongoing project to eliminate hydrofluoric acid from the Wynnewood refinery alkylation unit, which currently accounts for the majority of the growth capital spending planned for the Petroleum segment in 2025. The Petroleum segment capital expenditure outlook does not include expected turnaround expenditures of $170 million to $190 million, which is primarily associated with the turnaround at the Coffeyville refinery currently expected to commence in the first quarter of 2025. Growth capital projects in the Fertilizer segment should primarily be funded through cash reserves taken at CVR Partners, LP (“CVR Partners”) over the past two years. (1) Includes renewables spending for the Wynnewood refinery’s renewable diesel unit. As of September 30, 2024, the Renewables business was not a reportable segment. Forward-Looking Statements This news release may contain 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. Statements concerning current estimates, expectations and projections about future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are “forward-looking statements,” as that term is defined under the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding: our expectations regarding the closing of the Facility on the terms or in the time indicated, and the use of proceeds thereof; the potential sale, if any, of interests in certain midstream assets and the anticipated value of any such sale and resulting benefits (if any) thereof; the expected commencement and duration of a new employment agreement with Mr. Lamp, as well as the expiration of an existing agreement therewith; the planned turnaround at our Coffeyville refinery; our capital expenditures outlook, including in respect of our segments and on a consolidated basis, and the allocation of anticipated amounts to fund certain projects and turnarounds and the use of certain cash reserves in connection therewith; continued safe and reliable operations; our future results, performance or achievements and drivers thereof; disruptions to operations (planned and unplanned), including impacts on results; general economic and business conditions; capital expenditures; and other matters. You can generally identify forward-looking statements by our use of forward-looking terminology such as “outlook,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,” “should,” “upcoming,” “before,” “future,” or “will,” or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. Investors are cautioned that various factors may affect these forward-looking statements, including (among others): the satisfaction of the closing conditions prior to closing the Facility; our ability to negotiate terms related to the potential midstream asset sale, if any, that are acceptable; the health and economic effects of any pandemic; demand for fossil fuels and price volatility of crude oil, other feedstocks and refined products; the ability of Company to pay cash dividends and of CVR Partners to make cash distributions; potential operating hazards, including the impacts of fires at our facilities; costs of compliance with existing or new laws and regulations and potential liabilities arising therefrom; impacts of the planting season on CVR Partners; our controlling shareholder’s intention regarding ownership of our common stock and potential strategic transactions involving us or CVR Partners; capital expenditures and the amount, timing, purposes and benefits thereof; general economic and business conditions; political disturbances, geopolitical instability and tensions; impacts of plant outages and weather conditions and events; and other risks. For additional discussion of risk factors which may affect our results, please see the risk factors and other disclosures included in our most recent Annual Report on Form 10-K, any subsequently filed Quarterly Reports on Form 10-Q and our other Securities and Exchange Commission (“SEC”) filings. These and other risks may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this news release are made only as of the date hereof. CVR Energy disclaims any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law. About CVR Energy, Inc. Headquartered in Sugar Land, Texas, CVR Energy is a diversified holding company primarily engaged in the renewables, petroleum refining and marketing business as well as in the nitrogen fertilizer manufacturing business through its interest in CVR Partners. CVR Energy subsidiaries serve as the general partner and own 37 percent of the common units of CVR Partners. Investors and others should note that CVR Energy may announce material information using SEC filings, press releases, public conference calls, webcasts and the Investor Relations page of its website. CVR Energy may use these channels to distribute material information about the Company and to communicate important information about the Company, corporate initiatives and other matters. Information that CVR Energy posts on its website could be deemed material; therefore, CVR Energy encourages investors, the media, its customers, business partners and others interested in the Company to review the information posted on its website. Contact Information: Investor Relations Richard Roberts (281) 207-3205 InvestorRelations@CVREnergy.com Media Relations Brandee Stephens (281) 207-3516 MediaRelations@CVREnergy.com
NFL Week 18 schedule: Matchups, times, Vikings-Lions headlines regular-season finaleDENVER (AP) — The Denver Broncos signed left tackle Garett Bolles to a four-year extension on Thursday, locking up a big piece to protect rookie quarterback Bo Nix. Bolles has spent his entire career with the organization after being drafted out of Utah with the 20th overall pick in 2017. He has a chance this season to help the Broncos into the postseason for the first time since they won Super Bowl 50 after the 2015 season. The Broncos (8-5) are currently in the seventh and final playoff spot in the AFC. They can put some distance between them and Indianapolis on Sunday (6-7) with a win over the Colts. After an up-and-down start in Denver, Bolles has developed into a dependable pass protector. He's allowed one sack and 24 quarterback pressures over 13 starts this season. What's more, his 4.9 percent quarterback pressure rate is the second-lowest mark among tackles with at least 200 pass blocking snaps this season, according to NextGen Stats. With time to scan the field, Nix leads all rookies in completions (277), yards passing (2,842), offensive touchdowns (22) and passing touchdowns (17). Bolles earned second-team Associated Press All-Pro honors after the 2020 season. On social media , Bolles posted: “Broncos Country, It’s been a great 8 years! Thanks for everything! And ... I’m not leaving. The show goes on!” Since 2017, Bolles has allowed the sixth-fewest sacks (36) among tackles with at least 3,100 snaps. The extension of Bolles means the Broncos have all five starting offensive linemen on board through next season. Guard Quinn Meinerz agreed to four-year contract extension in July. The Broncos also signed cornerback Patrick Surtain II to a four-year contract extension in September worth $96 million, including $77.5 million in guarantees. Linebacker Jonathon Cooper agreed to a four-year, $60 million extension in November. AP NFL: https://apnews.com/hub/nfl
Kansas holds off Auburn for No. 1 in AP Top 25 as SEC grabs 3 of top 4 spots; UConn slides to No. 25 Kansas continues to hold the No. 1 ranking in The Associated Press Top 25 men’s college basketball poll. Auburn is pushing the Jayhawks in the latest poll after winning the Maui Invitational and checked in at No. 2. Two-time reigning national champion UConn nearly fell out entirely after an 0-3 week at Maui, falling from No. 2 to 25th. The Southeastern Conference had three of the top four teams with No. 3 Tennessee and No. 4 Kentucky behind the Tigers. The poll featured six new teams, headlined by No. 13 Oregon, No. 16 Memphis and No. 18 Pittsburgh. TCU, Duke climb into top 10, Notre Dame drops in women's AP Top 25; UCLA and UConn remain 1-2 TCU has its best ranking ever in The Associated Press Top 25 women’s basketball poll after a convincing win over Notre Dame. The Horned Frogs jumped eight spots to No. 9, the first time the school has ever been in the top 10. The Fighting Irish, who were third last week, fell seven spots to 10th after losses to TCU and Utah. UCLA remained No. 1, followed by UConn, South Carolina, Texas and LSU. USC, Maryland and Duke are next. Houston's Al-Shaair apologizes for hit on Jacksonville's Lawrence that led to concussion HOUSTON (AP) — Houston’s Azeez Al-Shaair took to X to apologize to Jacksonville’s Trevor Lawrence after his violent blow to the quarterback’s facemask led to him being carted off the field with a concussion. Back in the starting lineup after missing two games with a sprained left shoulder, Lawrence scrambled left on a second-and-7 play in the second quarter of Houston’s 23-20 win on Sunday. He initiated a slide before Al-Shaair raised his forearm and unleashed on the defenseless quarterback. In the long post, Al-Shaair says "To Trevor I genuinely apologize to you for what ended up happening.” How to sum up 2024? The Oxford University Press word of the year is 'brain rot' LONDON (AP) — Oxford University Press has named “brain rot” its word of the year. It's defined as “the supposed deterioration of a person’s mental or intellectual state,” especially from consuming too much low-grade online content. Oxford University Press said Monday that the phrase “gained new prominence in 2024,” with its frequency of use increasing 230% from the year before. It was chosen by a combination of public vote and language analysis by Oxford lexicographers. The five other word-of-the-year finalists were demure, slop, dynamic pricing, romantasy and lore. Oxford Languages President Casper Grathwohl said the choice of phrase “feels like a rightful next chapter in the cultural conversation about humanity and technology.” Scientists gather to decode puzzle of the world's rarest whale in 'extraordinary' New Zealand study WELLINGTON, New Zealand (AP) — Scientists and culture experts in New Zealand have begun the first-ever dissection of a spade-toothed whale, the world's rarest whale species. The creature, which washed up dead on a beach on New Zealand's South Island in July, is only the seventh specimen ever found. None has ever been seen alive at sea. Almost nothing is known about it but scientists, working with Māori cultural experts, hope to answer some of the many lingering questions this week, including where they live, what they eat, how they produce sound and how this specimen died. Hong Kong launches panda sculpture tour as the city hopes the bear craze boosts tourism HONG KONG (AP) — Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park. The 2,500 exhibits will be publicly displayed at the Avenue of Stars in Tsim Sha Tsui, one of Hong Kong’s popular shopping districts, this weekend before setting their footprint at three other locations this month. The displays reflect Hong Kong’s use of pandas to boost its economy as the Chinese financial hub works to regain its position as one of Asia’s top tourism destinations. Violent hit on Jaguars QB Trevor Lawrence 'has no business being in our league,' coach says JACKSONVILLE, Fla. (AP) — Jacksonville Jaguars quarterback Trevor Lawrence was carted off the field after taking a violent elbow to the facemask from Houston linebacker Azeez Al-Shaair. It prompted two sideline-clearing scuffles. Lawrence clenched both fists after the hit, movements consistent with what’s referred to as the “fencing response,” which can be common after a traumatic brain injury. Lawrence was on the ground for several minutes as teammates came to his defense and mobbed Al-Shaair. Lawrence eventually was helped to his feet and loaded into the front seat of a cart to be taken off the field. He was not transported to a hospital. He was quickly ruled out with a concussion, though. Al-Shaair and Jaguars rookie cornerback Jarrian Jones were ejected after the first altercation. Big Ten fines Michigan and Ohio State $100,000 each for postgame melee ROSEMONT, Ill. (AP) — The Big Ten Conference has announced it fined Michigan and Ohio State $100,000 each for violating the conference’s sportsmanship policy for the on-field melee at the end of the Wolverines’ win in Columbus .A fight broke out at midfield Saturday after the Wolverines’ 13-10 victory when Michigan players attempted to plant their flag on the OSU logo and were confronted by the Buckeyes. Police used pepper spray to break up the players, who threw punches and shoves. One officer suffered a head injury when he was “knocked down and trampled while trying to separate players fighting." The officer was taken to a hospital and has since been released. Marshall Brickman, who co-wrote 'Annie Hall' with Woody Allen, dies at 85 NEW YORK (AP) — The Oscar-winning screenwriter Marshall Brickman, whose wide-ranging career spanned some of Woody Allen’s best films, the Broadway musical “Jersey Boys” and a number of Johnny Carson’s most beloved sketches, has died. He was 85. Brickman died Friday in Manhattan, his daughter Sophie Brickman told The New York Times. No cause of death was cited. Brickman was best known for his extensive collaboration with Allen, beginning with the 1973 film “Sleeper.” Together, they co-wrote “Annie Hall," “Manhattan” and “Manhattan Murder Mystery." The loosely structured script for “Annie Hall,” in particular, has been hailed as one of the wittiest comedies. It won Brickman and Allen an Oscar for best original screenplay. 'Moana 2' sails to a record $221 million opening as Hollywood celebrates a moviegoing feast NEW YORK (AP) — “Moana 2” brought in a tidal wave of moviegoers over the Thanksgiving Day weekend with $221 million in ticket sales. Studio estimates Sunday show that, combined with “Wicked” and “Gladiator II,” made for an unprecedented weekend in cinemas. “Moana 2" blew predictions out of the water, setting a record for Thanksgiving moviegoing. At the same time, the sensation of “Wicked” showed no signs of slowing down with $117.5 million over the five-day weekend. “Gladiator II” collected $44 million. For an industry that’s been battered in recent years by the pandemic, work stoppages and streaming, it was a triumphant weekend that showed the still-potent power of Hollywood’s blockbuster machine.
Home | Business | Ola Electrics Stock Falls Around 3 Per Cent After Fresh High Level Exits Ola Electric’s stock falls around 3 per cent after fresh high-level exits Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer, step down from their roles citing personal reasons By IANS Published Date - 30 December 2024, 10:56 AM New Delhi: The share of Ola Electric fell around 3 per cent on Monday after some fresh high-level exits at the company, including its Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer. On Monday, the share was trading less than Rs 86 apiece, after falling nearly 3 per cent. Khandelwal and Chatterjee stepped down from their roles at the company, effective December 27, citing personal reasons. Both executives initially joined Ola’s ride-hailing business before transitioning to Ola Electric Mobility. Several top executives of the company have tendered their resignations this year as the company faces mounting pressure. N Balachandar, Group Chief People Officer, left the EV company in November after overseeing HR for Ola Electric, Ola Cabs, and Krutrim AI. In October this year, Ravi Jain, Business Head of Krutrim AI, and Sidharth Shakdher, CBO of Ola Mobility, left the company. After a blockbuster sales figure in October due to the festive season, Ola Electric vehicle registrations dropped by 33 per cent in November. According to Vahan portal data, the number of registrations of Ola Electric vehicles in November fell by 33 per cent on a month-on-month (MoM) basis to 27,746 units. In October last year, this figure was more than 40,000 units. Due to fewer registrations, the company’s market share dipped to 24 per cent in November, which was 30 per cent in October. However, the company still maintains the first position in the electric two-wheeler market by sales. Bhavish Aggarwal-led Ola Electric has seen volatility in sales in recent months. The reasons for this were attributed to increasing competition in the market and poor service and product quality. Follow Us : Tags Anshul Khandelwal BSE Ola Electric Sensex Related News Rupee falls 5 paise, hits all-time low of 85.16 against US dollar Adani Group stocks extend rally for third straight day; Adani Green jumps 15% Shares of nine Adani Group firms trade higher; Adani Total soars 19% Sensex, Nifty rebound on Adani stocks rally and foreign fund inflowsTeam claims NASCAR rescinded approval to buy charterSocial Consumption Lounges in Massachusetts: Proposed Rules