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Ranking the 5 best Cavs right now; Jameis Winston and the Browns’ 2025 QB room: Terry’s Talkin’ podcast‘Leave immediately’: Warning to residents over out of control bushfire in Victoria’s southwestTurkish Airlines to Begin Operations at The New Terminal One at JFK and Unveil World-Class Lounge
DENVER , Dec. 18, 2024 /PRNewswire/ - The Board of Trustees (the "Board") of Principal Real Estate Income Fund (the "Fund"), announced today that it has approved a renewal of the Fund's share repurchase program. Under the share repurchase program, the Fund may purchase up to approximately 2.1% of its outstanding common shares beginning January 21, 2025 , in the open market, until January 21, 2026 . As part of its evaluation of options to enhance shareholder value, the Board has authorized ALPS Advisors, Inc. (the "Advisor") to repurchase the Fund's common shares at such times and in such amounts as the Advisor reasonably believes may enhance shareholder value. The Board and the Advisor continually analyze options to enhance shareholder value and potentially reduce the discount between the market price of the Fund's common share and the net asset value per share ("NAV"). The Board and the Advisor believe that the share repurchase program may further these goals because the program allows the Fund to acquire its shares in the open market at a discount to NAV, which will increase the NAV and thereby benefit remaining shareholders while potentially providing additional liquidity in the trading of the fund shares. The Board will monitor the repurchase program and will continue to consider strategic options to enhance shareholder value in the long-term. The Fund's repurchase program will be implemented on a discretionary basis under the direction of the Advisor. There is no assurance that the Fund will purchase shares at any specific discount level or in any specific amount or that the market price of the Fund's shares will increase as a result of any share repurchases. RISKS An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle. Investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment and exposure to below-investment grade investments (i.e., "junk bonds"). The Fund's net asset value will vary and its distribution rate may vary and both may be affected by numerous factors, including changes in the market spread over a specified benchmark, market interest rates and performance of the broader equity markets. Fluctuations in net asset value may be magnified as a result of the Fund's use of leverage. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Fund's common shares. Securities backed by commercial real estate assets are subject to market risks similar to those of direct ownership of commercial real estate assets including, but not limited to, declines in the value of real estate, declines in rental or occupancy rates and risks related to general and local economic conditions. The Fund's investment objectives and policies are not designed to seek to return the initial investment to investors that purchase shares. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.principalcef.com or call 855.838.9485. Please read them carefully before investing . Shares of closed-end investment companies frequently trade at a discount from their net asset value and initial offering prices. NOT FDIC INSURED | May Lose Value | No Bank Guarantee The Fund is a closed-end fund and does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value. ALPS Advisors, Inc. is the investment adviser to the Fund. Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates. ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member firm. About SS&C Technologies SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut , and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com . About SS&C ALPS Advisors SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies, is a leading provider of investment products for advisors and institutions. With over $26.24 billion under management as of September 30, 2024 , SS&C ALPS Advisors is an open architecture boutique investment manager offering portfolio building blocks, active insight and an unwavering drive to guide clients to investment outcomes across sustainable income, thematic and alternative growth strategies. For more information, visit www.alpsfunds.com. About SS&C Technologies Principal Real Estate Investors manages or sub-advises $102 billion in commercial real estate assets, as of September 30, 2024 . The firm's real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group ® . PRE000436 12/18/2025 View original content: https://www.prnewswire.com/news-releases/principal-real-estate-income-fund-continues-share-repurchase-program-302335508.html SOURCE Principal Real Estate Income Fund
WEST PALM BEACH, Fla. (AP) — An online spat between factions of supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire and fellow entrepreneur and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer's comments sparked a back-and-forth with venture capitalist and former , whom Trump has tapped to be the “White House A.I. & Crypto Czar." Musk and Ramaswamy, , weighed in, defending the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world's richest man who has , was a central figure in the debate, not only for his stature in Trump's movement but his stance on the tech industry's hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry's need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent," he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump's own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump's businesses, however, have hired foreign workers, including , and his social media company behind his Truth Social app for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country" and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country," he told the “All-In" podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump's budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decision'Let’s see what happens'- Bundesliga star expresses Anfield Dream
An Italian war correspondent was arrested in Iran and has been held at an infamous Tehran prison for more than a week, Italian officials said. Cecilia Sala, 29, was arrested on Dec. 19, according to Italy’s foreign ministry, but her arrest was only made public on Friday. Officials did not provide a reason for her arrest. The prominent Italian journalist works for Il Foglio newspaper and hosts “Stories,” a daily podcast on Chora Media. In a statement, Chora Media said Sala was being held in solitary confinement at the Evin prison in Tehran, infamous for its mistreatment of political prisoners since the 1970s. Sala left Rome for Iran on Dec. 12 with a valid journalist’s visa, according to Chora Media. During her time in Tehran, she produced three episodes of her podcast and published several stories. Her reporting said many women were no longer wearing the hijab to protest the country’s leaders. While in Tehran, she also interviewed an Iranian stand-up comedian who had been jailed in the country. Sala was supposed to board a return flight to Italy on Dec. 20, but never made it to the airport, Italian officials said. She stopped sending messages from her phone on Dec. 19, according to Chora Media. Iranian officials did not immediately confirm the arrest. “Cecilia was in Iran, with a valid visa, to cover a country she knows and loves — a country where information is stifled through repression, threats, intimidation, violence, and detentions, often targeting journalists themselves,” Il Foglio said in a statement . “Journalism is not a crime,” the paper added. Last week, Iran had summoned a senior Italian diplomat over the arrest of an Iranian national, Reuters reported, based on Iranian media. The day before Sala’s arrest, Italian police said they arrested an Iranian man accused of providing drone parts to Iran’s military. The 38-year-old man faces extradition to the US, Italian officials said in a statement.All the fun and drama you could possibly need for a new children's classic. There's a scene in Jeff Fowler's Sonic the Hedgehog 3 where the rising sun washes over its conflicted villain, the Keanu Reeves-voiced Shadow the Hedgehog, recalling an earlier moment of Shadow sitting under the stars with his now long-dead best friend, a young girl named Maria (a mischievous Alyla Browne), whose demise has driven him to anger. It's tragic, wistful, and moving, and just typing this out makes me feel like I'm losing my mind. The video game-based live action hybrid isn't just good, it may very well be great. You could mention it in the same breath as recent animated works like Flow and The Wild Robot — fun and touching action-dramas that could become classics in time — and it wouldn't feel out of place. There's no getting around how limp and lifeless those first two Sonic movies are — works that take for granted that featuring a familiar character is effort enough. That's all some viewers need: babies, and adults who act like them, and if that sounds bitter and condescending, it's only because I was on the receiving end of online threats and a doxing bounty for not liking the last one of these. What a relief, then, that Sonic the Hedgehog 3 not only works like a charm, but overcomes nearly every flaw of its predecessors, and often tackles them head-on. Things kick off inside a prison facility off the coast of Japan. Its name is delightfully silly: Prison Island, overseen by a donut-munching Jorma Taccone. Shadow, a black-furred hedgehog with red streaks, has been kept in stasis for 50 years, floating in a liquid tank under armed guard, but something, or someone, has suddenly awoken him. He breaks out, kicks the asses of about 30 SWAT members (with powers that resemble teleportation) and heads for Tokyo, where he realizes how much time has passed. The rain pours down on the scowling creature, his soaking fur — a tough thing to animate — awash in the deep purples and neons of light-up billboards all around him, in a scene distinctly reminiscent of the John Wick movies. "I've been asleep for 50 years?" Reeves rasps, completing the comparison. There isn't a beat out of place in this dramatic prologue, which is itself a whiplash-inducing notion, given the plainness and broad comedy of the previous entries. It's fitting, then, that in order to aid our transition to the threequel, the very next scene takes us back to rural Montana, where much of the series has unfolded. Here, the found family trio of Sonic (Ben Schwartz), Tails the Fox (Colleen O'Shaughnessey), and Knuckles the warrior echidna (Idris Elba) engage in sibling roughhousing (really, rough-racing) and some aw-shucks banter with their adoptive parents, the good-natured Tom and Maddie Wachowski (James Marsden and Tika Sumpter). It would perhaps be giving the filmmakers too much credit to say the dull color palette of this setting — which carries over from Sonic s 1 and 2 — is owed to some genius meta-commentary, but that it's slowly replaced by more vibrancy as the film proceeds (in the characters' fur especially) is at least worth noting. A key issue with the previous Sonic films is that Sonic himself was never really well-defined beyond quips and catchphrases, but the movie kick-starts an intriguing emotional journey when he and Tom discuss the alien planet from which he hails, and whether his long, lost adoptive mother, the wise owl Longclaw, would be proud of the blue speedster. The doe-eyed Marsden reminds him, as any good kids' movie parent should, that he's defined by his choices. As the family sits around a campfire, tech-wiz Tails roasts his marshmallow to perfection with a blowtorch, while Knuckles, the brutish lunk, burns his to a crisp — comic beats that broadly define each hero — but Sonic sulks in silence. Like the series thus far, he doesn't seem to know who he is either. The furry trio is tested in more ways than one by Shadow. It isn't long before the furry trio is called up by the military organization G.U.N. (Guardian Units of Nations) to help track down and subdue Shadow in Japan, a battle that tests their mettle as a team, but leaves them in the dirt. What becomes immediately clear is that Shadow is quite possibly one of the coolest characters in recent children's cinema, not just because of his intense brooding — he's moody and adolescent on the surface, but reveals meaningful depth — but because he's so much goddamn fun to watch. The way he's animated and lit (sometime with flame) makes him feel like a living, breathing part of the environment, and he can also extend his abilities to objects by electrifying them, resulting in Sonic having to chase him down on a super-swift bike that Shadow Akira -slides up the side of a building. Tom Cruise, eat your heart out (though not before you admire the movie's many Mission: Impossible homages in its heist-heavy final act). The movie's visual references to other works (like Tron: Legacy ) help move it quickly along. It seldom slows down, even as it spends much of its first hour introducing and re-introducing characters ad nauseam. Jim Carrey's scheming Dr. Ivo Robotnik is back, as is his lovelorn henchman Agent Stone (Lee Majdoub), whose crush on Robotnik is played much more meaningfully than a fleeting gag. In fact, it's the center of its own subplot that ties into the movie's larger themes, which slowly come to light when Robotnik is forced to team up with Sonic & co. to find out who's been using the mad doctor's technology to free Shadow and wreak havoc on G.U.N. The real culprit turns out to be Robotnik's long lost grandfather, Gerald Robotnik, who's also played by Carrey, offering the '90s comedy mainstay the chance to let loose as his silliest, rubber-face-iest self. Gerland, it turns out, has a history with Shadow that's slowly revealed over the course of the film, via flashbacks filled with surprising drama. The villainous hedgehog was once an experiment, and teetered on the edge of becoming a monster, but it was Maria's kindness that made him feel at home, even if temporarily. But something went wrong. Maria is dead, and Shadow blames not only G.U.N., but the world at large, yielding an uncontainable anger born from a loveless void. Perhaps it's passé to say that "love is the answer" — then again, the Interstellar re-release did just rake in the big bucks — but it's a fitting theme for a film like this one, where the leading trio are essentially stuffed animals in motion, who sing the praises of teamwork. The notion emanates outward. Stone, though he helps Robotnik, finds himself constantly rejected — a story told through delightful use of blocking and performance — while Robotnik fills his own lifelong void by teaming up with his manipulative grandfather, for some Ocean's 12 -inspired heist shenanigans. How does Sonic fit into all this? Atop it all is the question of how Sonic fits into all this, despite the film and the series bearing his name. It's a conundrum, because he really is an awkward fit for such an otherwise sincere movie. When his teammates make jokes emanating from character traits (like Knuckles' literal-mindedness), Sonic tends to add noise with quips that re-explain the gags in question. It's not quite an intentional look at the character's tone, but even as a failure to fully integrate him into his own movie at first, it paves the path for a genuinely meaningful story. What separates Sonic and Shadow, two aliens who made Earth their home, is that one found a new family, while the other — though he also did at first — was left only with pain. But what happens when Sonic is forced to make major decisions after being shouldered with a similar emotional burden? The last two films were mostly fluff, to the point of introducing concepts like "chaos emeralds" and Sonic's super-charged "golden god" mode without imbuing them with meaning. Sonic the Hedgehog 3 , on the other hand, re-fashions the series' previous ideas, through the lens of rigorous emotional dilemmas — even Shadow's powers seem connected to his rage — super-charging all the action in the process, while still making enough room for some goofy antics. Few recent studio films occupying this children’s video game niche have been led by this much heart and pathos. It's hard not to be swept up in the emotions of Sonic the Hedgehog 3 , and ever harder not to give yourself over to its thrilling childlike glee. Video Games Movies Science Fiction
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Micron Technology Inc MU reported financial results for the first quarter of fiscal 2025 after the market close on Wednesday. Here’s a rundown of the report . Q1 Earnings: Micron reported first-quarter revenue of $8.71 billion, missing the consensus estimate of $8.72 billion. The company reported first-quarter adjusted earnings of $1.79 per share, beating analyst estimates of $1.76 per share, according to Benzinga Pro . Operating cash flow came in at $3.24 billion versus $3.41 billion in the prior quarter and $1.4 billion in the comparable quarter last year. Adjusted free cash flow was $112 million in the quarter, down from $323 million in the prior quarter. The company ended the quarter with $8.75 billion in cash, marketable investments and restricted cash. “Micron delivered a record quarter, and our data center revenue surpassed 50% of our total revenue for the first time,” said Sanjay Mehrotra , president and CEO of Micron. “While consumer-oriented markets are weaker in the near term, we anticipate a return to growth in the second half of our fiscal year. We continue to gain share in the highest margin and strategically important parts of the market and are exceptionally well positioned to leverage AI-driven growth to create substantial value for all stakeholders.” Check This Out: Who’s Next To Join Tesla, Broadcom In $1 Trillion Club? Over 50% Say The World’s Biggest Retailer Outlook: Micron sees second-quarter revenue of $7.9 billion, plus or minus $200 million, versus estimates of $9 billion. The company expects second-quarter adjusted earnings of $1.43 per share, plus or minus 10 cents per share, versus estimates of $1.92 per share. Micron’s soft guidance appears to be weighing on shares after hours. Management will further discuss the quarter on a call with analysts and investors at 4:30 p.m. ET. MU Price Action: Micron shares were down 13.16% in after-hours, trading at $90.50 at the time of publication Wednesday, according to Benzinga Pro . Read Next: Fed Slashes Interest Rates By 0.25% As Predicted: December Dot Plot Flags Only 2 Potential Cuts In 2025 Photo: Courtesy of Micron. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.California’s ‘Trump-proofing’ likely won’t include AI — at least not yet
Looking for something to do this summer and love being out in nature? or signup to continue reading Well, right on Bendigo's doorstep is the iconic Lake Eppalock which dozens of families have utilised as their ideal boating and fishing spot this summer holiday. Packing out the holiday park located on the banks of the body of water, families and individuals have taken to the land and the water to enjoy the stretch of days between Christmas and New Year. The lake is sitting at around 75 per cent full making it still a popular fishing, camping and water sport spot for locals and tourists alike. Between riding jet skis, enjoying arts classes at the holiday park and cooling off in the pool or by the lake, there is something for everyone at the tourist hotspot. Have a look at what some people got up to at Lake Eppalock. We would love to see how you have spent your summer holidays? Drop us a line at addynews@austcommunitymedia.com.au WA boy in Bendigo, happy to be in Central Victoria. WA boy in Bendigo, happy to be in Central Victoria. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!
Julián Álvarez picking up the scoring pace with Atletico Madrid
AP Trending SummaryBrief at 3:45 p.m. ESTAmid uncertainty about the future, more Minnesotans seek long-acting birth control
Macy's says employee hid up to $154 million in expenses, delays Q3 earnings
