what is fortune 3
what is fortune 3
Trump’s Return: Opportunities for PakistanNEW YORK (AP) — UnitedHealthcare's CEO was shot and killed Wednesday in a “brazen, targeted attack” outside a Manhattan hotel where the health insurer was holding its investor conference, police said, setting off a massive dragnet hours before the annual Rockefeller Center Christmas tree lighting. Brian Thompson, 50, was shot around 6:45 a.m. as he walked alone to the New York Hilton Midtown from a nearby hotel, police said. The shooter appeared to be “lying in wait for several minutes” before approaching Thompson from behind and opening fire, New York City Police Commissioner Jessica Tisch said. Police had not yet established a motive. “Many people passed the suspect, but he appeared to wait for his intended target,” Tisch said, adding that the shooting "does not appear to be a random act of violence.” Surveillance video reviewed by investigators shows the shooter emerging from behind a parked car, stopping and pointing a gun at Thompson’s back, holding it with two hands and firing multiple times from several feet away. The suspect continues firing, interrupted by a brief gun jam, as Thompson stumbles forward and falls to the sidewalk. The shooter is then seen walking past Thompson and out of the frame. “From watching the video, it does seem that he’s proficient in the use of firearms as he was able to clear the malfunctions pretty quickly,” NYPD Chief of Detectives Joseph Kenny said. Thompson was shot at least once in the back and once in the calf, Tisch said. The shooter, who police said appeared to be a man wearing a jacket, face mask and carrying a backpack, fled on foot before pedaling an e-bike into Central Park a few blocks away. The shooter was at large, sparking a search that included police drones, helicopters and dogs. “We are deeply saddened and shocked at the passing of our dear friend and colleague Brian Thompson, the CEO of UnitedHealthcare," the insurer's Minnetonka, Minnesota-based parent company, UnitedHealth Group Inc., said in a statement. “Brian was a highly respected colleague and friend to all who worked with him,” UnitedHealth Group said. "We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time.” Police issued a poster showing a surveillance image of the suspect pointing what appeared to be a gun and another image that appeared to show the same person on a bicycle. They offered a reward of up to $10,000 for information leading to an arrest and conviction. Thompson’s wife, Paulette Thompson, told NBC News that he told her “there were some people that had been threatening him.” She said she didn’t have details but suggested the threats may have involved issues with insurance coverage. Eric Werner, the police chief in the Minneapolis suburb where Thompson lived, said his department had not received any reports of threats against the executive. The killing shook a part of New York City that's normally quiet at that hour, happening about four blocks from where tens of thousands of people were set to gather for Wednesday night’s tree lighting. Police promised extra security for the event, which will go on as scheduled. The hotel is also a short walk from other tourist sites, including the Museum of Modern Art, and is often dense with office workers and visitors on weekday mornings. Many security cameras are nearby. “We’re encouraging New Yorkers to go about their daily lives and their daily business but to be alert,” NYPD Chief of Department Jeffrey Maddrey said. Investigators recovered several 9 mm shell casings from outside the hotel and a cellphone from the alleyway through which the suspect fled. They were also searching Thompson's hotel room, interviewing his UnitedHealthcare colleagues and reviewing his social media, Kenny said. The e-bike that the shooter used to ride into Central Park came from the city’s bike-share program, CitiBike. A spokesperson for fLyft, which operates the program, said the company had not yet been contacted by police. Health care giant UnitedHealth Group was holding its annual meeting with investors to update Wall Street on the company's direction and expectations for the coming year. The company ended the conference early in the wake of Thompson's death. “I’m afraid that we — some of you may know we’re dealing with a very serious medical situation with one of our team members,” a company official told attendees, according to a transcript. “And as a result, I’m afraid we’re going to have to bring to a close the event today. ... I’m sure you’ll understand.” Thompson had served as CEO for more than three years and had been with the company since 2004. UnitedHealthcare is the largest provider of Medicare Advantage plans in the U.S. and manages health insurance coverage for employers and state-and federally funded Medicaid programs. Minnesota Gov. Tim Walz tweeted that the state is “sending our prayers to Brian’s family and the UnitedHealthcare team.” “This is horrifying news and a terrible loss for the business and health care community in Minnesota,” the Democrat wrote. Associated Press writers Tom Murphy in Indianapolis, Steve Karnowski in St. Paul, Minnesota, and Anthony Izaguirre in Albany, New York, contributed to this story.The Cleveland Cavaliers find themselves at home rather than spending a weekend in Las Vegas when they begin the post-NBA Cup portion of their schedule Friday night against the Washington Wizards. The Cavaliers have won 21 of their first 25 games, giving them the best record in the NBA. But two of the four losses came to the Boston Celtics and Atlanta Hawks in group play of the NBA Cup, allowing the Hawks to advance into the event's quarterfinals while the Cavaliers got an unexpected four-day break. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
I’ve worn then returned 100 glitzy party dresses as a serial ‘wardrober’ – I get a kick out of it & don’t spend a pennyChristmas Eve 72 years ago - simpler times
Minister opens mother & child care unit at Chhapra hospitalUnited Kingdom Programmatic Ad Seller Quality Rankings Q3 2024: Google AdExchange Tops Pixalate’s Web Seller Trust Index; Verve No. 1 on Mobile; FreeWheel Leads on Samsung Smart TV for CTV
HANOI (AFP) – A multi-billion-dollar fraud scandal involving one of Vietnam’s most prominent tycoons exposed systemic weaknesses in the country’s banking sector, said analysts who warn other such cases could yet emerge. Judges on Tuesday upheld the death sentence of property developer Truong My Lan, who was convicted this year of embezzling vast sums from the Saigon Commercial Bank (SCB), which she controlled, having borrowed from tens of thousands of small investors. Corruption is extensive in Vietnam, which ranked 83rd out of 180 in Transparency International’s most recent Corruption Perception Index. But the monumental scale of Lan’s crime was unprecedented, with the USD27-billion in losses prosecutors said she caused equivalent to Bosnia’s entire annual gross domestic product. Banking experts fear other damaging allegations are lurking in hidden recesses of the financial sector of the fast-growing economy, which is seen as a favoured destination for foreign investors. “SCB is not a single problem, it is an illness of the whole economy,” banking expert Bui Kien Thanh told AFP . The Vietnamese financial system was “characterised by a lack of tight state management”, he said. “Similar issues are rampant in society, so (Vietnam) needs to study and fix the problem before others arise.” Experts said a key systemic weakness is in the regulation of the corporate bond market, where companies borrow money from investors. In most developed markets, bonds are issued through independently regulated brokers on the basis of a full prospectus, graded by ratings agencies, and traded on stock exchanges. But SCB, through its branches, misleadingly sold its bonds directly to retail customers, with staff trained for weeks on how to falsely reassure them their money was secure and the investment carried little risk. Tens of thousands of people invested their savings in the bonds and lost everything when the bank collapsed and had to be bailed out by authorities, some of them contemplating suicide. Most Vietnamese company debt is not rated for creditworthiness at all, with local ratings agency FiinRatings saying there were no corporate bonds with credit ratings in the country in the years before Lan’s arrest. That compared with an average of around 50 per cent across the 10-member ASEAN. According to state media, a judge at Lan’s original trial asked police to look into the role played by staff at three of the world’s biggest accounting firms that audited SCB’s books – Ernst and Young, Deloitte and KPMG. None of the three responded to requests for comment by AFP . At every level of the Vietnamese financial sector – from employees on the ground to regulatory authorities – there is a lack of training on financial markets, the risks involved and regulatory obligations, Thanh said. On paper, Lan owned just five per cent of shares in SCB, but at her trial, the court concluded that she effectively controlled more than 90 per cent through family, friends and staff who were asked to hold stocks on her behalf. She then used her position to direct SCB management staff to withdraw money from the bank, over time transporting the equivalent of USD4.4 billion in cash in trucks to her home and the offices of her Van Thinh Phat property firm. “They don’t question the paperwork... they just say, how are we going to do it? How fast can we do it?” said economist based in the United States Khuong Huu Loc. “The whole system is a game based on collusion,” he added. “The problem is, it gets so bad, (but) people let her continue on because you don’t want to open the can of worms.”B.C. drummers help John Stamos perfect Beach Boys drum soloThe emergence of National Victory Day is based on fine traditions and a good history, showing patriotism and the nationalistic spirit of the entire national people. This historic and significant day marks the resistance against the colonial rulers’ oppressive education system designed to perpetuate their domination. Colonialists exploited the nation’s valuable natural resources for their benefit and ruled oppressively. They deliberately prevented the Myanmar national races from accessing higher education and used various methods to hinder their ability to progress on par with the times. It is also the day that inspired patriotism and revitalized national pride among the entire Myanmar people. Therefore, it remains an unforgettable day for all citizens of Myanmar. The history of Myanmar’s struggle for independence showed the spirit of patriotism and unity which have proven to be a powerful force, as evidenced by the national victories that were achieved. The celebrations of National Victory Day, which were held annually without fail across the entire Union of Myanmar, have now reached their 104th year. As such, all national people need to preserve the national victory to commemorate National Victory Day yearly. To be able to do so, the whole nation must foster durable peace. Peace is the foundation for the country’s economic development, the improvement of the social lives of its citizens, the harmony and stability within the Union, and the rule of law. Through mutual respect and understanding between national races, cooperation between individuals can be fostered, and misunderstandings and conflicts can be reduced, resolving issues through dialogue. Relationships based on trust allow challenges to be overcome together, ultimately leading to a more harmonious and collaborative coexistence, ensuring long-term and sustainable peace. If political issues are resolved through armed conflict instead of political means, it will result in a situation where there is freedom but no peace. Furthermore, it is essential to be mindful that the non-disintegration of the Union, non-disintegration of national solidarity, and perpetuation of sovereignty must be preserved to avoid any potential risks. Everybody must join hands to build durable peace. They have to work together in unity to achieve national stability, peace, and development. Now is the time for all national brethren to eliminate misunderstandings and doubts, reject undesirable ideologies, and come together in mutual trust, respect, and love. Whenever everybody remembers National Victory Day, they have to forge durable peace for all through united strength to develop the nation without any hindrances.MUMBAI: A 53-year-old Andheri resident working in an insurance firm was duped of ₹ 5.70 crore in an online share trading cyber fraud. The professional has been transferring money from September in an app he was asked to download under the assumption that he was investing. A case was registered by cyber police on Saturday in connection with the matter. According to the police, the complainant works in an insurance firm. On September 12, he allegedly received a WhatsApp message from someone who went by Aman Malik. Malik offered guidance on stock market investment promising high returns. The victim expressed interest in this and received a call from an unknown person who claimed to be a representative of an investment firm. He then sent him a link to join a WhatsApp group which was named ‘Y21-VIP-WTIC World Top Investor Competition’, where Malik was the group admin. Malik sent messages in the group with tips and guides to invest. Other members of the group allegedly posted screenshots showing they received huge returns on their investments. Convinced by the screenshots and lured by high returns, the complainant decided to invest through the firm and downloaded an app from a link Malik sent. He transferred ₹ 5 lakh through the app and in two days, he saw a profit of ₹ 70 thousand and began trusting the app, said a police officer. From October 18 to November 8, he transferred a total ₹ 5.70 crore in over 20 transactions to the scammers. On November 11, when he tried to withdraw money, he was asked to pay more under the pretext of processing fee among others. He found this suspicious and contacted cyber helpline number. An FIR was registered in the West Cyber police station on Saturday and investigation is underway, said the officer.
Bergdall, Moorefield rout Berkeley Springs, 44-23
Chance of direct attack by Russia ‘remote’, says UK armed forces chiefEvery Bottle Of Knob Creek Whiskey, Power Ranked For 2024CleanSpark, Inc. Logo (PRNewsfoto/CleanSpark, Inc.) LAS VEGAS , Dec. 12, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner ® ("CleanSpark" or the "Company"), today announced that it intends to offer, subject to market conditions and other factors, $550 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). CleanSpark also expects to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including the date on which the Convertible Notes are first issued, up to an additional $100 million aggregate principal amount of the Convertible Notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed. The Company intends to use the net proceeds from the offering to pay the cost of the capped call transactions (as described below), to use up to $125 million of the net proceeds to repurchase shares of the Company's common stock (the "common stock") from investors in the Convertible Notes, and the remaining net proceeds for the repayment in full of amounts outstanding under Company's line of credit with Coinbase , capital expenditures, acquisitions and general corporate purposes. The Convertible Notes will be senior unsecured obligations of the Company. The Convertible Notes will not bear regular interest, and the principal amount of the Convertible Notes will not accrete. The Convertible Notes will mature on June 15, 2030 , unless earlier repurchased, redeemed or converted in accordance with their terms. Prior to December 15, 2029 , the Convertible Notes will be convertible only upon satisfaction of certain conditions and during certain periods, and thereafter, the Convertible Notes will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Convertible Notes will be convertible into cash, shares of the common stock or a combination of cash and shares of the common stock, at the Company's election. The initial conversion rate and other terms of the Convertible Notes will be determined at the time of pricing in negotiations with the initial purchasers of the Convertible Notes. In connection with the pricing of the Convertible Notes, the Company expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers of the Convertible Notes and/or other financial institutions (the "option counterparties"). If the initial purchasers of the Convertible Notes exercise their option to purchase additional Convertible Notes, the Company expects to use a portion of the net proceeds from the sale of the additional Convertible Notes to enter into additional capped call transactions with the option counterparties. The capped call transactions are expected generally to reduce potential dilution to the common stock upon conversion of any Convertible Notes and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap. In connection with establishing their initial hedges of the capped call transactions, the Company expects the option counterparties or their respective affiliates to purchase shares of the common stock and/or enter into various derivative transactions with respect to the common stock concurrently with, or shortly after, the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the common stock or the Convertible Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the common stock and/or purchasing or selling shares of the common stock or other securities of the Company in secondary market transactions following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so on each exercise date for the capped call transactions or following any termination of any portion of the capped call transactions in connection with any repurchase, redemption or early conversion of the Convertible Notes). This activity could also cause or avoid an increase or decrease in the market price of the common stock or the Convertible Notes, which could affect holders of the Convertible Notes' ability to convert the Convertible Notes and, to the extent the activity occurs following conversion of the Convertible Notes or during any observation period related to a conversion of the Convertible Notes, it could affect the amount and value of the consideration that holders of the Convertible Notes will receive upon conversion of such Convertible Notes. The Company also expects to repurchase shares of its common stock from certain of the investors in the Convertible Notes in privately negotiated transactions effected concurrently with the pricing of the Convertible Notes, and the Company expects the purchase price per share of the common stock repurchased in such transactions to equal the closing price per share of the common stock on the date the offering of the Convertible Notes is priced. The Convertible Notes and any shares of common stock issuable upon conversion of the Convertible Notes, if any, have not been registered under the Securities Act or securities laws of any other jurisdiction, and the Convertible Notes and such shares of common stock may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Convertible Notes will be offered by the initial purchasers only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Convertible Notes, nor shall there be any sale of the Convertible Notes or common stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner ® , is a market-leading, pure play Bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin , energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com . Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts, such as statements concerning the proposed terms of the Convertible Notes, the capped call transactions and the proposed share repurchases, the completion, timing and size of the proposed offering of the Convertible Notes, the capped call transactions, and the anticipated uses of proceeds from the proposed offering (including the capped call transactions and proposed share repurchases). All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as "plan," "believe," "goal," "target," "aim," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would," "will" and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of CleanSpark's management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others, the risk that the Company may not be able to consummate the Convertible Notes transaction, the capped call transactions or the share repurchase on satisfactory conditions or at all, and other risks described in the Company's filings with the Securities and Exchange Commission (the "SEC"), including under the heading "Risk Factors" in those filings, and other risks it may identify from time to time. Forward-looking statements contained herein are made only as to the date hereof, and the Company assumes no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as expressly required by applicable law. Investors: Harry Sudock , SVP 702-989-7693 ir@cleanspark.com Media: Eleni Stylianou 702-989-7694 pr@cleanspark.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cleanspark-inc-announces-proposed-private-offering-of-550-million-of-convertible-notes-302330757.html SOURCE CleanSpark, Inc.
“And I Was Surprised”: On Federal Death Row, They Feared Biden Would Set Up Another Trump Killing SpreeIndia-Cambodia joint military exercise concludes in PuneINDIANAPOLIS – Anthony Richardson didn’t betray any frustration through his words or facial expressions Sunday during his postgame interview. But the Indianapolis Colts quarterback still made it clear he fully felt the pain of a missed opportunity. The Colts often were their own worst enemy against one of the league’s best teams in a 24-6 loss against the Detroit Lions at Lucas Oil Stadium. It’s the fourth loss in the last five outings for Indianapolis (5-7), again increasing the degree of difficulty for a desired playoff push. “Whenever you’re out there playing a good team like that, you can’t beat yourself and try to beat the other team at the same time,” Richardson said. The Colts were penalized 10 times for 75 yards and had 97 yards of total offense negated by those infractions. That created adverse downs and distances that hindered Indianapolis’ efforts to get the running game flowing. Richardson was the team’s leading rusher with 61 yards on 10 carries, but star running back Jonathan Taylor ran just 11 times for 35 yards. It was the second straight week in which the Colts failed to rush for at least 100 yards – a number that was reached in each of Richardson’s first six starts this season. “I think we had some good runs today, especially in the first half, and AR has done a great job passing the ball,” left guard Quenton Nelson said. “We just need to execute up front, blocking whatever the play is called and also limit the penalties myself.” Nelson was flagged three times – once for a false start, once for illegal use of hands and once for being an ineligible receiver down field. It was part of a sloppy performance that was far below expectations in Week 12, and it made things much easier on an excellent Detroit team that doesn’t need the help. Indianapolis’ struggles included a 3-for-12 performance on third down, a dropped touchdown pass in the second quarter by tight end Drew Ogletree and two red-zone trips that ended with just a pair of Matt Gay field goals. “We had some opportunities there, weren’t able to take advantage,” Colts head coach Shane Steichen said. “Obviously, offensively, got down in the red zone a few times, had to settle for two field goals there in the first half. Penalties hurt us. It starts with myself. We have to get those cleaned up. “We had a season-high 10 penalties, I believe, for 75 yards. That’s on me. We can’t have that. We’ve got to play clean football moving forward.” The Lions (10-1) responded with cool efficiency to keep the hosts at arm’s length. Detroit came in averaging 33.6 points per game, and quarterback Jared Goff has 20 touchdown passes. But the Lions needed just a pair of touchdown runs by Jahmyr Gibbs and another by David Montgomery along with a 56-yard field goal by Jake Bates to put this game on ice. Gibbs’ 1-yard scoring plunge gave Detroit a 7-3 lead with 12:07 remaining in the first half, and Montgomery extended the advantage to 14-6 with 3:34 left before intermission. By the time Gibbs’ 5-yard touchdown made it 21-6 with 2:19 left in the third quarter, it was obvious the Lions had all the offense they needed. Goff was 26-of-36 for 269 yards without a touchdown or interception, and Gibbs rushed 21 times for 90 yards. Meanwhile, Richardson wasn’t able to match the statistical aesthetic of his breakout game last week against the New York Jets – though he played better than the numbers suggest. Richardson finished 11-of-28 for 172 yards with no touchdowns or interceptions. He had 74 yards wiped out on four completions called back because of penalties, and a wonderfully placed long ball to Ashton Dulin ended in an incompletion when the wide receiver couldn’t get his second foot inbounds. Richardson had his share of misses, including an overthrow against a heavy rush that could have been another big play to wide receiver Alec Pierce and a close-call to wide receiver Josh Downs in the end zone in the fourth quarter. But the 22-year-old deftly moved around in and out of the pocket and kept himself a step ahead of the Detroit defense. The Lions recorded six quarterback hits but no sacks. “It was a lot of completions, a lot of good balls that he threw that kind of got pulled back (by penalties),” Pierce said. “So I’m sure his stats are not really reflecting truly how he played, how he threw the ball.” Michael Pittman Jr. had his best game of the season with six catches for 96 yards, but little else stood out offensively. The defense tallied three sacks, and rookie defensive end Laiatu Latu forced a third-quarter fumble that could have given Indianapolis the ball in Lions’ territory, but the offense recovered and finished the march to the clinching touchdown. With a little more than a month remaining in the regular season, Indianapolis understands the margin for error is dwindling. “We just got to execute,” Richardson said. “We know that was a great team right there, but they didn’t really do anything spectacular to beat us. They played the game the right way, and we didn’t go out and execute the way we know that we’re supposed to. We got behind the sticks a few times. “We let them throw a few penalties against us because of (breakdowns in) our discipline and our details. But we just gotta keep playing. Play complementary football, keep the details detailed and keep trusting the process and just buy in and try to find a way to win.”
CPKC exceeded grain revenue limit: Canadian Transportation Agency OTTAWA — The Canadian Transportation Agency says Canadian Pacific Kansas City Railway Co. exceeded its maximum grain revenue entitlements for the 2023 to 2024 crop year. The agency says CPKC's revenue was $1.8 million above its entitlement of $869. Canadian Press Dec 24, 2024 11:21 AM Dec 24, 2024 11:35 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The Canadian Transportation Agency says Canadian Pacific Kansas City Railway Co. exceeded its maximum grain revenue entitlements for the 2023 to 2024 crop year.Locomotives are shown at the CPKC railyard in Calgary, Alta., Thursday, Aug. 22, 2024.THE CANADIAN PRESS/Jeff McIntosh OTTAWA — The Canadian Transportation Agency says Canadian Pacific Kansas City Railway Co. exceeded its maximum grain revenue entitlements for the 2023 to 2024 crop year. The agency says CPKC's revenue was $1.8 million above its entitlement of $869.89 million. It says the railway must pay the excess, plus a five per cent penalty of $91,204, to the Western Grains Research Foundation. The agency says Canadian National Railway Co. was $34.3 million below its entitlement of $1.248 billion. It says the 2023 to 2024 crop year saw a 3.5 per cent decrease in volumes from the previous year to 43.7 million tonnes, mainly because of lower crop exports. The system that sets the maximum grain revenue for the two railways in 2000 replaced a previous system that set the maximum rates railways could charge shippers. This report by The Canadian Press was first published Dec. 24, 2024. The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite up on shorter Christmas Eve session, U.S. markets also rise Dec 24, 2024 10:56 AM Stock market today: Wall Street rallies ahead of Christmas Dec 24, 2024 10:12 AM YVR janitors suspend strike escalation after tentative deal Dec 24, 2024 9:30 AM Featured Flyer
