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SAUUZHU, China — Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene — but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn. The domestic supply chain and low-price strategy that helped make China's EV car industry world-leading are being leveraged by established automakers and startups alike, aiming to similarly transform trucking. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.
OWINGS MILLS, Md. (AP) — Asked if there was any special meaning to playing on Christmas for a second straight season, Lamar Jackson paused for several seconds before answering. That said it all. “I mean, it is,” he finally replied, trying to be diplomatic. “That means we're good, but at the same time, I do want to celebrate at home sometimes with my family now. I don't want to be playing on Christmas all the time — not all the time.” That sentiment seemed common among the Baltimore Ravens players this week as they prepared for their second consecutive Christmas road game. Jackson and his teammates will face the Houston Texans on Wednesday. Earlier in the day, the Kansas City Chiefs play at Pittsburgh. Games on Christmas aren't new to the NFL. The Miami Dolphins famously beat the Chiefs in a playoff game on Dec. 25, 1971 — a double-overtime classic that still holds the record for the NFL's longest game. In 2020, New Orleans running back Alvin Kamara tied an NFL record with six touchdowns in a game when the Saints beat Minnesota on Christmas. Lately, however, the league has been much more aggressive about scheduling games on Christmas. There were three last year on a Monday, and this week there are two. The four teams in action this Wednesday all played this past Saturday, giving them a little more time to prepare. But each is still wrapping up a stretch of three games in 11 games. And for Baltimore and Kansas City — the teams spending the holiday on the road — this means a bit of a scramble to find time to celebrate with loved ones. “Santa hasn’t come yet, but as far as my family, we traded gifts (over the weekend),” Kansas City quarterback Patrick Mahomes said. “(His wife) Brittany’s a champ because I’m not there to help build the toys my family got, and the kids have opened up every single one of them.” The Chiefs are playing on Christmas for a second year in a row, although they were at home last season. Baltimore tackle Ronnie Stanley said there is an offensive line Christmas party planned for Friday at center Tyler Linderbaum's house. Jackson’s plan is to celebrate on Thursday. “I already celebrated Christmas with my family this past week," Ravens safety Kyle Hamilton said. "It’s more about the thought of calling people Christmas morning and just going out there and being able to go out in front of my whole family and do what I love. That’s how I’ll celebrate.” The Ravens also have celebrated a bit as a group already. “We actually had a team dinner last night here, which was really neat. And our chefs were incredible (with) what they put out there, so that was fun,” coach John Harbaugh said Monday. "And we are going to have the ability for family members from the Houston area to come over for the team snack after we do a walkthrough (Tuesday) night.” Don't expect Christmas games to go away any time soon. Netflix agreed to a three-year contract in May to carry Christmas Day games. Playing on the holiday certainly gives teams a chance to be in the spotlight, although the Chiefs and Ravens already get plenty of that. The Ravens-Texans game features a halftime performance by Beyoncé. “Wasn't there a time when somebody was out peeking outside the locker room door during the Super Bowl or something like that? Was there some story on that?” Harbaugh said. “He got in trouble for it? There will be big trouble. I like Beyoncé, though. I can't say I'm a huge Beyoncé fan, but I think I like her.” (Harbaugh was referring to Bengals kicker Evan McPherson during the Super Bowl in 2022 when he watched Dr. Dre, Snoop Dogg, Eminem, Mary J. Blige and Kendrick Lamar perform at halftime in Los Angeles.) Jackson, seemingly unaware of Harbaugh's attempt to lay down the law about the halftime show, arrived at the microphone immediately after the coach. “I'm going to go out there and watch,” the star quarterback said. “First time seeing Beyoncé perform, and it's at our game — that's dope. I'm going to go out and watch. Sorry Harbaugh, sorry fellas.” ___ AP NFL: https://apnews.com/hub/nfl Noah Trister, The Associated PressFounder of failed crypto lending platform Celsius Network pleads guilty to fraud chargesCelebrities who died in 2024: In Memoriam
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Wednesday, December 25, 2024 Millions of Americans are facing challenging travel conditions this Christmas as severe weather and airport disruptions converge during one of the busiest travel seasons of the year. Winter Storms Blanket East Coast The first significant winter storm of the season has brought heavy snow and ice from Boston to Baltimore, creating hazardous travel conditions. Cities like New York are bracing for further snowfall, while Washington, D.C., and Baltimore remain on alert for icy precipitation. West Coast Faces Storm Aftermath On the West Coast, Californians are recovering from a powerful storm that unleashed hurricane-force winds, flooding, and 60-foot waves on Monday, causing widespread damage. The storm tragically claimed one life, caused a pier to collapse, and swept three people into the Pacific Ocean. Evacuations and high surf warnings remain in effect, with flooding threats persisting. Air Travel Complications Adding to the chaos, air travelers nationwide experienced delays after a “nationwide groundstop” of American Airlines flights early Tuesday due to a vendor technology issue announced by the Federal Aviation Administration (FAA). Although the groundstop was lifted within an hour, it caused a ripple effect of delays. Some flights faced departures up to two hours behind schedule. American Airlines issued an apology, stating, “Our team is working diligently to get customers where they need to go as quickly as possible.” While morning delays disrupted plans for many, most afternoon flights are expected to depart on time. Holiday Travel Stress Peaks The combination of severe weather and technological issues has created a perfect storm of travel disruptions, leaving millions of Americans scrambling to reach their destinations. Authorities urge travelers to remain patient and check for updates as conditions continue to evolve.
The EX30: Big Volvo technology, small carbon footprintPackers' improving run defense ready for challenge against NFC North-leading LionsBillionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest. Switzerland's biggest bank, which is among the world's largest wealth managers, said the number of dollar billionaires increased from 1,757 to 2,682 over the past 10 years, peaking in 2021 with 2,686. The 10th edition of UBS's annual Billionaire Ambitions report, which tracks the wealth of the world's richest people, found that billionaires have comfortably outperformed global equity markets over the past decade. The report documents "the growth and investment of great wealth, as well as how it's being preserved for future generations and used to have a positive effect on society", said Benjamin Cavalli, head of strategic clients at UBS global wealth management. Between 2015 and 2024, total billionaire wealth increased by 121 percent from $6.3 trillion to $14.0 trillion -- while the MSCI AC World Index of global equities rose 73 percent. The wealth of tech billionaires increased the fastest, followed by that of industrialists. Worldwide, tech billionaires' wealth tripled from $788.9 billion in 2015 to $2.4 trillion in 2024. "In earlier years, the new billionaires commercialised e-commerce, social media and digital payments; more recently they engineered the generative AI boom, while also developing cyber-security, fintech, 3D printing and robotics," UBS said. The report found that since 2020, the global growth trend had slowed due to declines among China's billionaires. From 2015 to 2020, billionaire wealth grew globally at an annual rate of 10 percent, but growth has plunged to one percent since 2020. Chinese billionaire wealth more than doubled from 2015 to 2020, rising from $887.3 billion to $2.1 trillion, but has since fallen back to $1.8 trillion. However, North American billionaire wealth has risen 58.5 percent to $6.1 trillion since 2020, "led by industrials and tech billionaires". Meanwhile billionaires are relocating more frequently, with 176 having moved country since 2020, with Switzerland, the United Arab Emirates, Singapore and the United States being popular destinations. In 2024, some 268 people became billionaires for the first time, with 60 percent of them entrepreneurs. "The year's new billionaires were mainly self-made," said UBS. The report said US billionaires accrued the greatest gains in 2024, reinforcing the country's place as the world's main centre for billionaire entrepreneurs. Their wealth rose 27.6 percent to $5.8 trillion, or more than 40 percent of billionaire wealth worldwide. Billionaires' wealth from mainland China and Hong Kong fell 16.8 percent to $1.8 trillion, with the number of billionaires dropping from 588 to 501. Indian billionaires' wealth increased 42.1 percent to $905.6 billion, while their number grew from 153 to 185. Western Europe's total billionaire wealth rose 16.0 percent to $2.7 trillion -- partly due to a 24 percent increase in Swiss billionaires. UAE billionaires' aggregate wealth rose 39.5 percent to $138.7 billion. UBS said billionaires faced an "uncertain world" over the next 10 years, due to high geopolitical tensions, trade barriers and governments with mounting spending requirements. Billionaires will therefore need to rely on their previous distinctive traits: "smart risk-taking, business focus and determination". "Risk-taking billionaires are likely to be at the forefront of creating two technology-related industries of the future already taking shape: generative AI and renewables/electrification," UBS predicted. And more flexible wealth planning will be needed as billionaire families move country and spread around the world. The heirs and philanthropic causes of baby boom billionaires are set to inherit an estimated $6.3 trillion over the next 15 years, UBS said.
Last-minute Christmas gift ideas for tech-obsessed children
The Pew Research poll from this summer found that 56% of Americans say the government is “almost always wasteful and inefficient.” Gallup’s recent polling data shows that 55% of Americans say the government is doing “too much” while only 41% say it should do more. Americans are more evenly split how big the government should be, but increasing government efficiency has more broad support. “Gallup polling earlier this year showed that 58% of Americans are dissatisfied with the size and power of the federal government,” Gallup said. “A slight majority of Americans say the government has too much power. Seven in 10 Americans in 2019 agreed that businesses can do things more efficiently than the federal government.” The survey comes after President-elect Donald Trump won the White House and issued broad, sweeping plans to decrease the scope of the federal government. To accomplish this task, Trump appointed businessman Vivek Ramaswamy and billionaire Elon Musk to lead the new Department of Government Efficiency. “Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies – Essential to the ‘Save America’ Movement,’” Trump said in his announcement. Both Ramaswamy and Musk have publicly issued scathing remarks about the waste of federal resources currently occurring in Washington, D.C. Ramaswamy, for instance, has laid out a specific plan on how thousands of federal workers could be fired. The pair of businessmen have said publicly DOGE could cut $2 trillion in federal spending. Ramaswamy and Musk visited Capitol Hill on Thursday to meet with lawmakers to discuss the potential cuts, which could even include ideas as drastic as eliminating the Department of Education and returning that responsibility to the states. Trump's allies have also discussed cutting spending on diversity, equity and inclusion programs, which are seen by Trump's camp as taxpayer-funded investment in woke ideology. Whether such stark actions would be supported by Americans remains unclear, but for now the latest polling shows Americans want something to be done. On top of that, Americans’ desire for smaller government seems to be more than a momentary political phase. “Gallup has asked this question annually over the past 24 years. On average, 52% of Americans have said the government is doing too much, compared with 42% saying the government should do more...” Gallup said. “Only twice have more Americans chosen the ‘government should do more’ alternative over the ‘government doing too much’ alternative -- in 2001 after the 9/11 terrorist attacks and in 2020 after the outbreak of COVID-19.”Arsenal beat Ipswich to go second in Premier League
