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BMW Vision Neue Klasse concept car is on display in Beijing. (Photo by Yi Haifei/China News ... [+] Service/VCG via Getty Images) The slowdown in European electric vehicle sales will soon be seen as a temporary blip as they accelerate again towards market leadership by 2030 and on to complete dominance by 2030. That’s the view of professional services company Accenture , in a report on how European automakers can survive the EV revolution. To stay ahead of Chinese and U.S. competition, Europeans must capitalize on their long-standing brand power, the report said. In a market where Chinese EV imports are said to have at least a 30% price advantage, heritage power may not be enough. And overall EV sales targets for 2030 based on EU rules cutting CO2 emissions now look impossible to achieve. Meanwhile, a rash of new EVs from next year will help establish the crucial mass-market. ‘There is a temporary slowdown in EV sales in Europe but over time this adoption curve will pick up and accelerate once again,” Juergen Reers, Global Automotive and Mobility Lead for Accenture said in an interview. And EVs will have to demonstrate some of their renowned on-the-road-acceleration if sales are to reach levels demanded by the European Union’s CO2-based rules requiring new car sales by 2035 are all EVs. The EU rules imply around an 80% level of EV sales by 2030. (The U.K. brought forward 100% to 2030). Most sales forecasts do predict a big pickup from the current drought, but unless things change drastically the 2030 target is in jeopardy. This Viral Smart Bassinet Is 30% Off With The Snoo Black Friday Sale The 50 Best Black Friday Deals So Far, According To Our Deals Editors Renault's general director Luca De Meo (L) and Renault brand CEO Fabrice Cambolive at the launch of ... [+] the Renault R5 E-Tech electric car. (Photo by FABRICE COFFRINI/AFP via Getty Images) Schmidt Automotive Research reckons in 2024 West European EV sales will hit 1.9 million for a market share of 16.6%. In 2025 there will be a big jump to 2.7 million (22.2%) as EU CO2 rules tighten. Sales will advance by about 5 million between then and 2030 to 57% of the market, according to Schmidt. In April, investment bank UBS said Europeans will buy almost nine million fewer electric vehicles between 2024 and 2030 than expected, as high prices, insufficient range, and clunky recharging put off prospective buyers. UBS cut its forecast for European EV sales to 8.3 million in 2030 compared with its previous estimate of 9.6 million. In June, investment researcher Jefferies cut its Europe forecast to 6.8 million in 2030 from the 8.9 million published late last year. Last month it left that forecast intact but trimmed 400,000 EVs off its 3.2 million estimate for 2025 for a market share of 21%, not 24%. Its latest forecast, published Friday, slashed more than two million sales from its 2030 forecast. The 2030 forecast now stands at 4.7 million for a market share of 35%, down from the previous 50%. This is bound to renew the corporate clamour to radically change the EU’s CO2 regime. The sales forecasts suggest the 2030 targets are impossible. Recent slow sales have been down mainly to high prices. Is there a place in the market for a game-charging cut price €10,000 ($10,400) practical EV with 100-mile range, 60 mph speed, 2+2 children to turbocharge sales? “The number of EV models being launched priced at between €20,000 ($20,800) and €30,000 ($31,250) will uplift sales starting in 2025. I doubt if there will be any €10,000 models in the foreseeable future. Below €20,000 yes, but €10,000 remains a stretch in Europe,’ Reers said in the interview. The BYD Seagull and Wuling Bingo sell in huge numbers in China for around €10,000. But the high cost of making them meet EU safety standards makes it unlikely they would appear in Europe, according to Reers. Dacia Spring EV prices satart at around €15,000 (Photo by John Keeble/Getty Images) German manufacturers have said the EU CO2 rules will be very difficult to meet and have suggested some mitigation. Reers said he could see the case for some adjustments, but the overall shape should remain intact. “For an industry with long-term investment cycles, having clarity on long-term goals is very important, but some adjustments on the CO2 reduction path towards the 2035 goal in line with the slower EV adoption make sense,” Reers said. As it becomes clearer that the EU CO2 targets will be increasingly difficult to make, the clamor from critics for them to be lifted is increasing. This view says politicians aren’t qualified to decide technology winners and the market should decide between hybrids, plug-in hybrids, more efficient internal combustion engines with so-called e-fuel, hydrogen fuel cells and of course pure electric. “I have some sympathy for that but from my point of view the future will be electric because that is the most effective and efficient way of getting to net carbon zero mobility,” Reers said. BYD Seagull small electric car, (Photo by VCG/VCG via Getty Images) In the report, Accenture said traditional automakers in Europe face mounting pressure as EVs upend the status quo. The China threat has been dented by EU tariffs, but the effectiveness of the curb remains to be seen. To fight off the threat. Europe’s manufacturers must leverage their impressive brand power, among other things. “To stay ahead, European (manufacturers) must capitalize on their heritage brands, get their EV manufacturing basics right by refining supply chains, battery platforms and vehicle manufacturing, and adopt customer-centric, software-first approach to future mobility,” the report said. This brand strength needs to be used to fight for market share in global markets. “These heritage brands are known for their engineering, manufacturing excellence, design and long-term quality – features that resonate with customers and are difficult for newcomers to replicate. For instance, consider how BMW has recently overtaken Tesla in Europe, highlighting that traditional brands can outperform even the most disruptive newcomers,” according to the report. It remains to be seen how effective blandishments about history and quality will be during hard times and against a 30% Chinese price advantage.SEATTLE (AP) — The Seattle Seahawks rode their dominant defense to a big win over a division rival to vault into first place in the NFC West. No, it isn’t 2013. These are the 2024 Seahawks, who, after struggling mightily against the run earlier this season, held the visiting Arizona Cardinals to 49 rushing yards in Sunday's 16-6 victory . The defensive line kept Kyler Murray under consistent pressure thanks to a dominant performance from Leonard Williams, the secondary flew around to smack away passes, and safety Coby Bryant scored on a 69-yard pick-6. Sunday's defensive performance was reminiscent of the Seahawks of a decade ago and a promising sign that first-year coach Mike Macdonald’s system is starting to click. Macdonald, who coordinated Baltimore's NFL-best defense last year, was leading one of the worst rush defenses in the league earlier this season. But Seattle consistently stuffed the Cardinals, who came in as the fifth-best running team in the league at 149.4 yards per game. “Three games in a row now we played pretty decent on defense,” Macdonald said. “There is an expectation and standard here throughout the course of our Seahawks history that we’re trying to live up to and build on. So that’s the idea.” At 6-5, the Seahawks drew even with the Cardinals in the tightly bunched division. The teams play each other again in two weeks at Arizona. Last month's trade for linebacker Ernest Jones IV has clearly paid off. Seattle hasn't allowed a running back to rush for more than 79 yards since its Week 8 loss to Buffalo, which was Jones' first game in a Seahawks uniform. He has led the team in tackles in every game he's played and has helped resurrect the run defense. The Seahawks' run game continues to underperform. Seattle got 65 yards on the ground Sunday, with the Cardinals holding Kenneth Walker III to 41 yards on 16 attempts. Zach Charbonnet had 22 yards on six carries. Walker hasn’t topped 100 yards since Week 1. Offensive coordinator Ryan Grubb needs to think of something different to get the running backs involved. Williams single-handedly disrupted the Cardinals with 2 1/2 sacks, four quarterback hits, three tackles for loss and one pass defensed. “I thought he was dominant,” Macdonald said. “I knew he played great and then I looked at the stat line and he played out of his mind.” Story continues below video The Seahawks finished with five sacks, seven quarterback hits, five tackles for loss and six pass deflections against the Cardinals, shutting down a team that had averaged 29.3 points over its previous three games. Geno Smith finished with 254 yards passing and a touchdown, but he threw another momentum-stalling interception. Smith was picked off on a third-and-6 play on the Arizona 18-yard line at the start of the fourth quarter, ending an 11-play, 73-yard drive. Smith has an NFL-most 12 interceptions this season, more than in either of his previous two seasons as the Seahawks' full-time starter. “That was a huge drive for us. ... Obviously made a terrible mistake down there, something I got to clean up,” Smith said. “But it was a big drive. We wanted to put the game ahead at least two scores.” The offensive line has contributed to the problem. Guard Anthony Bradford left with an ankle injury, and the line struggled to protect Smith, who was sacked five times. Macdonald said Bradford is expected to miss next week's game. 77 — Jaxon Smith-Njigba led the team with six catches for 77 yards and a touchdown, marking the fourth consecutive game that Smith-Njigba has led the team in receptions. He topped 100 yards receiving in the previous two games. “He’s getting open,” Smith said. “He’s catching the ball. He’s doing a great job in the screen game. All-around great player. I just think the way that teams are playing us coverage-wise, I feel like it’s the ultimate sign of respect.” The Seahawks play at the struggling New York Jets on Sunday. AP NFL: https://apnews.com/hub/nflThe City of Whiting said in a social media post that the leak location was identified and isolated, and vacuum trucks were dispatched to clean up the leak. "The City of Whiting has received information that BP is aware of odors coming from one of their underground small supply lines located in Whiting, Indiana and has activated crews to respond," it said in the post. BP said it is doing additional air monitoring as a precautionary measure. "BP is monitoring air emissions for elevated levels of contaminants that could pose a risk to public health," the company said in a statement. "No elevated readings have been detected. The safety of BP responders, the community and the environment remain BP's highest priority." Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts BP recently reached a settlement with regulators to install more air monitors, including one air monitor within the refinery fence line, three new monitors along the fence line and 10 new monitors outside the fence line. It's supposed to publish the data online for the public review. It's the second straight winter the BP Whiting Refinery has had operational issues. In January, the former Standard Oil Refinery on the shores of Lake Michigan suffered a valve leak and release of liquified petroleum gas from a second tank during subzero temperatures. In February, a power outage shut down the refinery, resulting in an evacuation, Indianapolis Boulevard being closed off, flaring that resulted in soaring columns of flame, thick black smoke and a stench that could reportedly be smelled as far away as Chicago's far South Side and the south suburbs. The incident resulted in public outcry among environmentalists and neighbors who felt they were not being communicated to adequately about potential threats to their health, including the risk of an explosion when surplus gases were being burned off in protracted flaring during the shutdown. The sprawling refinery stretches along the Lake Michigan shoreline in Whiting, Hammond and East Chicago. It supplies gas to seven Midwestern states, jet fuel to Chicago's airports and 7% of the nation's asphalt. Founded in 1889, the BP Whiting Refinery produces more than 400,000 barrels a day. It employs 1,300 workers and around 1,400 contractors, having spent more than $1 billion on vendors last year.
Accenture PLC Cl A stock underperforms Monday when compared to competitors despite daily gainsThe holidays are just around the corner, and it is easy to get caught up in the excitement of preparation and celebration. With Christmas just a month away, we also need to keep in mind precautionary measures to avoid health hazards resulting from a variety of activities and events like firecracker explosions, overeating and intoxication, to name a few. I believe that the best holiday gift for ourselves is to be healthy and fit. Holidays or not, it is a sad reality that health risks abound and unforeseen events may happen to anyone, anytime. Because of this, it is essential to expand medical services and upgrade hospitals in the localities to cater to Filipinos more efficiently. As the Chairperson of the Senate Committee on Health and as a health reforms crusader, I continue to ensure that our healthcare system is on the right track, however gradual, to have better policies and facilities that would cater to the medical needs of our people. Just recently, there were four new laws signed, in which we are the principal sponsor. These laws are Republic Act 12068, which upgrades the Bataan General Hospital and Medical Center in the City of Balanga, Bataan to a multi-specialty hospital, increasing its bed capacity from 500 to 1,000; RA 12069 which converts the Dr. Catalino Gallego Nava Provincial Hospital in Jordan, Guimaras into a Level II hospital and renamed it the Dr. Catalino Gallego Nava Medical Center; RA 12070 which establishes a general hospital in Victorias City, Negros Occidental, to be known as the Victorias City General Hospital; and RA 12071 which creates a Level III general hospital in Bay, Laguna to be called the Laguna Regional Hospital. These legislative measures are expected to address critical gaps in healthcare services, such as hospital bed availability, specialty treatments and accessibility to medical institutions in rural and densely populated areas. In Davao City, on the evening of 23 November and the morning that followed, I visited Vice President Sara Duterte and her Chief of Staff Atty. Zuleika Lopez in Veterans Memorial Medical Center to show solidarity and support. I also appealed to our leaders to set aside political differences in order to prioritize our work of serving Filipinos in need. We further extended support to 60 micro-entrepreneurs in Palanan, Isabela on top of the livelihood support from the government that we advocated for. In Iloilo, my Malasakit Team also assisted 1,000 indigents in Anilao with Mayor Lee Ann Debuque and 350 in Banate with Mayor Peter Paul Gonzales and VM Jun Iran; 175 in Calumpit, Bulacan with Coun. Mau Torres; and 264 in Masbate City with BM Allan Cos. We also aided 250 minimum wage workers in Naujan, Oriental Mindoro with Board Member RJ Recto. We also helped 68 recovering disaster victims in Tarlac City rebuild by providing aid on top of the housing assistance provided by DHSUD which we advocated for. We partnered with local government units in aiding struggling sectors such as 800 impoverished residents of Tanjay City, Negros Oriental with Mayor Jose Orlino; and 135 in Tuguegarao City with Mayor Maila Ting-Que. As chairperson of the Senate Youth Committee, I also extended more support to 225 scholars in Binalonan, Pangasinan; 37 in San Fernando City, La Union; and 387 scholars in Laoag City, Ilocos Norte. We also joined the Patient Convention: Peace Tayo at NKTI where we gave 150 beneficiaries with food packs. Furthermore, I continued to strengthen partnerships with local leaders as my team attended and provided tokens to local legislators during the Philippine Councilors’ League Region 7 Assembly. To promote local development, we also supported the Inauguration of a Multi-Purpose Court in Passi City, Iloilo and the groundbreaking of the Super Health Center in Malitbog, Southern Leyte which we both advocated for. Patuloy po akong magseserbisyo sa kapwa Pilipino sa abot ng aking makakaya dahil bisyo ko ang magserbisyo at naniniwala ako na ang serbisyo sa tao ay serbisyo sa Diyos.MIAMI GARDENS, Fla. (AP) — Dolphins coach Mike McDaniel said he was caught off guard by reports early Tuesday that linebacker Shaq Barrett wants to unretire. The two-time Super Bowl winner signed a one-year deal with the Dolphins in March, then abruptly announced his retirement on social media in July, just days before the start of Miami's training camp. “Just to be candid, obviously there's a reason why you target and sign somebody," McDaniel said Tuesday afternoon. “I was fully caught off guard, or caught by surprise this morning as I found out.” McDaniel indicated the Dolphins have not had any conversations with Barrett recently. Miami holds the 32-year-old’s contractual rights. ESPN first reported the news. “It was kind of news as you guys got it,” McDaniel said. He also said he hasn't had a chance to think about Barrett potentially rejoining the team, and that his immediate focus is on Miami's Thursday night game at Green Bay. “The team is counting on me to think about the Packers,” he said. "I'll get with (GM) Chris (Grier), and we'll work through that. There's a ton of implications that go along with it in terms of team and roster stuff, so we'll work through that as we just got the news today.” Barrett has 400 tackles, 59 sacks, 22 forced fumbles and three interceptions in nine seasons — four with Denver and five with Tampa Bay. He was a second-team All-Pro with the Buccaneers in 2019, with a league-high 19 1/2 sacks. The Dolphins waived veteran safety Marcus Maye on Tuesday and activated rookie safety Patrick McMorris from injured reserve. Maye, who signed with the Dolphins in June, played in 11 games with three starts for Miami this season. He had 30 tackles and a tackle for loss. He could re-sign to the team's practice squad if he clears waivers. Maye previously played for New Orleans, but was cut in a money-saving move in March after two seasons with the Saints. Maye's release made room on the roster for McMorris, who was drafted in the sixth round by Miami in April. He began the season on injured reserve because of a calf injury. AP NFL: https://apnews.com/hub/nflDolphins coach Mike McDaniel says he was surprised by reports of Shaq Barrett's unretirement plan
Seibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys
Nantes loses 2-0 at home to Le Havre in a match interrupted by angry fans. Lille beats RennesA national security imperative
AP News Summary at 11:07 a.m. ESTGreen scores 30 to lead the Rockets to a 128-111 victory over the hapless Pelicans
Quest Partners LLC cut its holdings in IQVIA Holdings Inc. ( NYSE:IQV – Free Report ) by 55.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,070 shares of the medical research company’s stock after selling 2,550 shares during the period. Quest Partners LLC’s holdings in IQVIA were worth $491,000 as of its most recent filing with the SEC. Other hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc boosted its position in shares of IQVIA by 733.3% in the second quarter. Versant Capital Management Inc now owns 125 shares of the medical research company’s stock valued at $26,000 after acquiring an additional 110 shares during the period. Opal Wealth Advisors LLC acquired a new position in IQVIA during the 2nd quarter valued at $27,000. Capital Performance Advisors LLP acquired a new position in IQVIA during the 3rd quarter valued at $27,000. Park Place Capital Corp bought a new stake in IQVIA in the 3rd quarter valued at $28,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in IQVIA in the 2nd quarter worth $29,000. Institutional investors own 89.62% of the company’s stock. Wall Street Analyst Weigh In IQV has been the topic of a number of recent research reports. TD Cowen decreased their target price on IQVIA from $270.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft reduced their price objective on IQVIA from $270.00 to $265.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Morgan Stanley reduced their target price on IQVIA from $280.00 to $265.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Truist Financial lowered their price target on shares of IQVIA from $286.00 to $265.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Finally, BTIG Research reduced their price objective on shares of IQVIA from $290.00 to $260.00 and set a “buy” rating for the company in a report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $256.50. Insider Activity at IQVIA In related news, insider Eric Sherbet sold 1,300 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $246.33, for a total value of $320,229.00. Following the completion of the sale, the insider now owns 19,536 shares of the company’s stock, valued at $4,812,302.88. This trade represents a 6.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website . 1.60% of the stock is currently owned by company insiders. IQVIA Trading Up 2.1 % Shares of IQV opened at $201.82 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $36.63 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 2.03 and a beta of 1.51. The stock has a fifty day moving average price of $222.67 and a two-hundred day moving average price of $227.16. IQVIA Holdings Inc. has a 52-week low of $187.62 and a 52-week high of $261.73. About IQVIA ( Free Report ) IQVIA Holdings Inc engages in the provision of advanced analytics, technology solutions, and clinical research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions. Further Reading Want to see what other hedge funds are holding IQV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IQVIA Holdings Inc. ( NYSE:IQV – Free Report ). Receive News & Ratings for IQVIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IQVIA and related companies with MarketBeat.com's FREE daily email newsletter .
MIAMI GARDENS, Fla. (AP) — Dolphins coach Mike McDaniel said he was caught off guard by reports early Tuesday that linebacker Shaq Barrett wants to unretire. The two-time Super Bowl winner signed a one-year deal with the Dolphins in March, then abruptly announced his retirement on social media in July, just days before the start of Miami's training camp. “Just to be candid, obviously there's a reason why you target and sign somebody," McDaniel said Tuesday afternoon. “I was fully caught off guard, or caught by surprise this morning as I found out.” McDaniel indicated the Dolphins have not had any conversations with Barrett recently. Miami holds the 32-year-old’s contractual rights. ESPN first reported the news. “It was kind of news as you guys got it,” McDaniel said. He also said he hasn't had a chance to think about Barrett potentially rejoining the team, and that his immediate focus is on Miami's Thursday night game at Green Bay. “The team is counting on me to think about the Packers,” he said. "I'll get with (GM) Chris (Grier), and we'll work through that. There's a ton of implications that go along with it in terms of team and roster stuff, so we'll work through that as we just got the news today.” Barrett has 400 tackles, 59 sacks, 22 forced fumbles and three interceptions in nine seasons — four with Denver and five with Tampa Bay. He was a second-team All-Pro with the Buccaneers in 2019, with a league-high 19 1/2 sacks. The Dolphins waived veteran safety Marcus Maye on Tuesday and activated rookie safety Patrick McMorris from injured reserve. Maye, who signed with the Dolphins in June, played in 11 games with three starts for Miami this season. He had 30 tackles and a tackle for loss. He could re-sign to the team's practice squad if he clears waivers. Maye previously played for New Orleans, but was cut in a money-saving move in March after two seasons with the Saints. Maye's release made room on the roster for McMorris, who was drafted in the sixth round by Miami in April. He began the season on injured reserve because of a calf injury. AP NFL: https://apnews.com/hub/nflOMAHA, Neb. — Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans Monday to hand more than $1.1 billion of Berkshire Hathaway stock to four of his family’s foundations, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. He didn’t identify the successors, but said his kids all know them and agree they would be good choices. “Father time always wins. But he can be fickle – indeed unfair and even cruel – sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit,” the 94-year-old Buffett said in a letter to his fellow shareholders. “To date, I’ve been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66.” Buffett said he still has no interest in creating dynastic wealth in his family — a view shared by his first and current wives. He acknowledged giving Howard, Peter and Susie millions over the years, but he has long said he believes “hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing.” The secret to building up such massive wealth over time has been the power of compounding interest and the steady growth of the Berkshire conglomerate Buffett leads through acquisitions and smart investments like buying billions of dollars of Apple shares as iPhone sales continued to drive growth in that company. Buffett never sold any of his Berkshire stock over the years and also resisted the trappings of wealth and never indulged in much — preferring instead to continue living in the same Omaha home he’d bought decades earlier and drive sensible luxury sedans about 20 blocks to work each day. “As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had,” he said. If Buffett and his first wife had never given away any of their Berkshire shares, the family’s fortune would be worth nearly $364 billion — easily making him the world’s richest man — but Buffett said he had no regrets about his giving over the years. The family’s giving began in earnest with the distribution of Susan Buffett’s $3 billion estate after her death in 2004, but really took off when Warren Buffett announced plans in 2006 to make annual gifts to the foundations run by his kids along with the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Warren Buffett’s giving to date has favored the Gates Foundation with $55 billion in stock because his friend Bill Gates already had his foundation set up and could handle huge gifts when Buffett started giving away his fortune. But Buffett has said his kids now have enough experience in philanthropy to handle the task and he plans to cut off his Gates Foundation donations after his death. Buffett always makes his main annual gifts to all five foundations every summer, but for several years now he has been giving additional Berkshire shares to his family’s foundations at Thanksgiving. Buffett reiterated Monday his advice to every parent to allow their families to read their will while they are still alive — like he has done — to make sure they have a chance to explain their decisions about how to distribute their belongings and answer their children’s questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, “saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry.” Today, Buffett continues to lead Berkshire Hathaway as chairman and CEO and has no plans to retire although he has handed over most of the day-to-day managing duties for the conglomerates dozens of companies to others. That allows him to focus on his favorite activity of deciding where to invest Berkshire’s billions. One of Buffett’s deputies who oversees all the noninsurance companies now, Greg Abel, is set to take over as CEO after Buffett’s death.I view eastern states as the country's growth engine, says PM Modi
NEW YORK--(BUSINESS WIRE)--Nov 25, 2024-- Athena Technology Acquisition Corp. II (NYSE American: ATEK.U, ATEK, ATEK WS) (“ATEK” or the “Company”) received an official notice of noncompliance (the “NYSE American Notice”) from NYSE Regulation (“NYSE”) stating that the Company is not in compliance with NYSE American continued listing standards due to the failure to timely file the Company’s Form 10-Q for the quarter ended September 30, 2024 (the “Delinquent Report”) by the filing due date of November 19, 2024 (the “Filing Delinquency”). The Company intends to file the Delinquent Report in the near future, however, there is currently no anticipated date for when such Filing Delinquency will be cured via the filing of the Delinquent Report. The Company expects, however, to regain compliance with the NYSE American continued listing standards once the Delinquent Report has been filed. In the interim, the NYSE American Notice has no immediate effect on the listing or trading of the Company’s Class A common stock listed on NYSE American. There can be no assurance that the Company will ultimately regain and remain in compliance with all applicable NYSE American listing standards. About Athena Technology Acquisition Corp. II Athena Technology Acquisition Corp. II (NYSE American: ATEK.U, ATEK, ATEK WS), incorporated in Delaware, is a special purpose acquisition company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. ATEK is the third SPAC founded by Isabelle Freidheim, who also serves as its Chief Executive Officer, with Kirthiga Reddy as President and Jennifer Calabrese as Chief Financial Officer. Forward-Looking Statements Certain statements made in this press release are not historical facts but may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended, and the “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “intend,” or continue or the negatives of these terms or variations of them or similar terminology or expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on the current expectations of the Company’s management and are not predictions of actual performance. Such statements may include, but are not limited to, statements regarding the Company’s plan to file the Delinquent Report within the provided cure period to regain compliance with the NYSE American continued listing standards. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These statements are subject to a number of risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, but are not limited to: the Company’s ability to file the Delinquent Report within the Initial Cure Period to regain compliance with the NYSE American continued listing standards; general economic, political and business conditions; the number of redemption requests made by the Company’s stockholders in connection with a potential business combination; the outcome of any legal proceedings that may be instituted against the Company; the risk that the approval of the Company’s stockholders for a potential transaction is not obtained; expectations related to the terms and timing of a potential business combination; failure to realize the anticipated benefits of a business combination; the risk that a business combination may not be completed by the Company’s business combination deadline and the potential failure to obtain an extension of its business combination deadline in the Company’s upcoming Annual Meeting of Stockholders; costs related to a business combination; and other risks that will be detailed from time to time in filings with the SEC, including those risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on September 27, 2024 and in subsequently filed Quarterly Reports on Form 10-Q. The foregoing list of risk factors is not exhaustive. There may be additional risks that could also cause actual results to differ from those contained in these forward-looking statements. In addition, forward-looking statements provide the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. And while the Company may elect to update these forward-looking statements in the future, the Company specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Nothing herein should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that the results of such forward-looking statements will be achieved. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125554143/en/ CONTACT: Bevel PR Athena@bevelpr.com KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Athena Technology Acquisition Corp. II Copyright Business Wire 2024. PUB: 11/25/2024 04:05 PM/DISC: 11/25/2024 04:05 PM http://www.businesswire.com/news/home/20241125554143/enThe American Athletic Conference is the only Football Bowl Subdivision league whose championship game matchup is set: Army vs. Tulane. The final week of the regular season will determine pairings for the other eight conferences. Here's a look at the possible matchups in the Power Four and Group of Five. All championship games are Dec. 7 except in the AAC, Conference USA and Mountain West, which will be played Dec. 6. SMU vs. Miami or Clemson. Miami is in if it beats Syracuse. Clemson is in if Miami loses. Oregon vs. Ohio State, Penn State or Indiana. Ohio State is in if it beats Michigan or if Penn State and Indiana lose this week. Penn State is in if it beats Maryland and Ohio State loses. Indiana is in if it beats Purdue and Ohio State and Penn State lose. Arizona State vs. Iowa State if both win this week. Multiple scenarios including BYU, Colorado and other teams exist otherwise. Georgia vs. winner of Texas-Texas A&M game. Army vs. Tulane. Jacksonville State vs. Liberty, Western Kentucky or Sam Houston. Liberty is in with a win over Sam Houston. WKU is in with a win over Jacksonville State and a Liberty loss. Sam Houston is in with a win over Liberty and a Jacksonville State win. Miami, Bowling Green and Ohio are tied for first place and control their destinies. Miami-Bowling Green winner is in, as is Ohio if it beats Ball State. Other scenarios exist that include those teams and Buffalo. Boise State vs. UNLV or Colorado State. If UNLV and CSU both win or lose their final regular-season games, the tie would be broken by either College Football Playoff rankings or results-based computer metrics. Louisiana-Lafayette at Marshall if both win their games this week. Other scenarios exist if one or both lose.
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