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Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Acadia Healthcare Company, Inc. ("Acadia Healthcare" or the "Company") ACHC investors of a class action representing investors that bought securities between February 28, 2020 and October 18, 2024 , inclusive (the "Class Period"). Acadia Healthcare investors have until December 16 , 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 310-692-8883 or email : lesley@portnoylaw.com , to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. On October 21, 2024, a lawsuit was filed against Acadia Healthcare and several of its current and former executives. The complaint alleges that, throughout the class period, the defendants made false or misleading statements and failed to disclose key information, including that: (1) Acadia's business model relied on holding vulnerable individuals in its facilities against their will, even when it was not medically necessary; (2) many patients in Acadia facilities were subjected to abuse; (3) Acadia deceived insurance providers into covering stays for patients that were not medically necessary; and (4) as a result, the defendants' statements about the company's operations, business, and future prospects were materially false or misleading, lacking a reasonable basis at all relevant times. Once the truth became known, Acadia Healthcare's stock price dropped sharply, resulting in significant losses for investors. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq. Admitted CA and NY Bar lesley@portnoylaw.com 310-692-8883 www.portnoylaw.com Attorney Advertising © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.ATLANTA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE: OXM) today announced that it plans to release its third quarter fiscal 2024 financial results after the market close on Wednesday, December 11, 2024. Following the news release, the company will also hold a conference call starting at 4:30 p.m. ET, hosted by Thomas C. Chubb lll, Chairman, Chief Executive Officer, and President, and K. Scott Grassmyer, Executive Vice President, Chief Financial Officer, and Chief Operating Officer, to discuss its financial results. A live webcast of the conference call will be available on the Company’s website at www.oxfordinc.com . A replay of the webcast will be available on the Company’s website through Wednesday, December 25, 2024 and by phone by dialing (412) 317-6671 access code 13750235. About Oxford Oxford, a leader in the apparel industry, owns and markets the distinctive Tommy Bahama ® , Lilly Pulitzer ® , Johnny Was ® , Southern Tide ® , The Beaufort Bonnet Company ® , Duck Head ® and Jack Rogers ® brands. Oxford's stock has traded on the New York Stock Exchange since 1964 under the symbol OXM. For more information, please visit Oxford's website at www.oxfordinc.com .
Meares to continue as Australia's Olympic team chiefJapan, a global leader in radar technology and a longstanding ally of Sri Lanka, has gifted a state-of-the-art Doppler Weather Radar Network to Sri Lanka. This advanced system is set to significantly enhance the country’s capacity for real-time rainfall observation, aiding the Department of Meteorology (DOM) in mitigating the impact of weather-related disasters. These include severe floods, such as those caused by Cyclone Fengal in the Bay of Bengal, which recently devastated paddy fields in the North and East. Dulari Fernando The Doppler Weather Radar Network, expected to be fully operational by 2027, is a landmark project celebrating the 70th anniversary of Japan’s Official Development Assistance (ODA) in 2024. It emphasizes the vital role of international cooperation and advanced technology in addressing the escalating challenges of climate change. Acting Director of the DOM, Dulari Fernando, described the new Doppler system as a leap forward in Sri Lanka’s ability to forecast and respond to extreme weather events. “This system safeguards lives and livelihoods while fostering a more resilient future,” Fernando said. Weather assessments She said a Doppler radar measures the velocity and movement of precipitation particles such as raindrops and hail using the Doppler Effect—a change in wave frequency caused by the relative motion of the source and the observer. The radar network will feature a meteorological observation tower, a Central Processing Unit (CPU), and an advanced display system. These components will significantly enhance the accuracy of weather assessments, enabling reliable forecasts. The Doppler Weather Radar Network project will be achieved through the installation of a meteorological observation radar tower, a CPU, and a display system. This project is expected to significantly improve the accuracy of weather assessments, enabling more reliable forecasts and warnings, and assisting in evacuation guidance, thereby reducing the damage caused by natural disasters, said Fernando. The Japan International Cooperation Agency, in partnership with the Department of Meteorology laying the foundation stone to construct an eleven-storey tower to establish a Doppler Weather Radar Network in Puttalam. Doppler weather radar systems are costly, with their price influenced by factors such as technology, range, and radar capabilities, as well as the infrastructure required for installation and maintenance. A single Doppler radar unit can cost several million dollars, with high-end systems, such as those equipped with dual-polarisation or phased-array capabilities, carrying an even heftier price tag. The expenses also include the construction of radar towers. The planned tower in Sri Lanka, intended for the installation of the Doppler radar, will stand at 55 metres, according to Fernando. Moreover, the maintenance, calibration, and operation of the system further contribute to the overall cost. Skilled personnel are needed to interpret the radar data and manage the system effectively. Supporting infrastructure, such as CPUs, display systems, and integration with other national weather networks, is also critical, Fernando said. Despite their substantial cost, Doppler radar systems are vital investments for nations prone to severe weather events. They provide invaluable real-time data for accurate weather forecasting, disaster mitigation, and climate resilience, ultimately saving lives and reducing economic losses from weather-related disasters. In a ground-breaking initiative aimed at bolstering Sri Lanka’s climate resilience, the Japan International Cooperation Agency (JICA), in partnership with the Department of Meteorology last week laid the foundation stone for the construction of an eleven storey (about 55 metre tall) tower for establishing a Doppler Weather Radar Network in the Puttalam district. The foundation laying ceremony was held on December 23 at the Meteorology Department District Office in Puttalam. It marked a significant milestone in the history of weather forecasting in the country. The event featured key dignitaries, Deputy Head of Mission at the Embassy of Japan in Sri Lanka Naoaki Kamoshida, Chief Representative of JICA Sri Lanka Tetsuya Yamada and senior officials of the Ministry of Defence Dharmathilaka and DOM. Accurate forecasting Deputy Head of Mission Embassy of Japan in Sri Lanka Naoaki Kamoshida said, “The establishment of the Doppler Weather Radar System will enable more accurate weather forecasting. The development of CPU and display systems will enhance real-time rainfall observation capabilities across Sri Lanka, significantly contributing to strengthened pre-disaster measures against natural disasters in the country.” “Japan continues to provide proactive disaster risk management support to IORA member countries, including Sri Lanka, by applying the knowledge and technology Japan has gained from its own experiences. Japan has provided both hardware and software support to ensure that the radars provided under the project are successfully operated. In addition, in response to the recent flood damage caused by the Cyclone “Fengal”, Japan quickly sent relief supplies to Sri Lanka,” said Kamoshida. JICA Sri Lanka Office Chief Representative Tetsuya Yamada said the flood damage caused by the recent cyclone was enormous. He said, “It is important to collect accurate meteorological data, including rainfall, to predict sudden rainfall and mitigate such damage. This project will make a significant contribution to collecting the data. In addition, Climate Change is a top agenda in Sri Lanka, and it is also important to collect and accumulate a sufficient amount of meteorological data by using weather observation radar in order to accurately assess the impact of Climate Change.” “JICA will continue to cooperate with the Government of Sri Lanka to ensure that the country’s first Doppler Radar can be fully utilised, in coordination between this project and another technical cooperation that is being implemented separately” said Yamada. He said that this project aims to develop meteorological data mainly for the purpose of disaster prevention, but meteorological information is also needed in the fields of agriculture, fisheries and electricity (especially for renewable energy), and it is hoped that the data and meteorological observation information obtained from the meteorological radars will be widely used in the future. Meteorology Department Director of Forecasting Ajith Wijemanna said this advanced system promises accurate weather observation and prediction, using cutting-edge radar technology to reduce the risks of floods, landslides, and droughts while also benefiting agriculture and fisheries. While the agreement to fund the radar network was signed in 2017, progress was delayed due to the Covid-19 pandemic in 2020 and Sri Lanka’s economic crisis in 2022. Despite these setbacks, the collaboration between Sri Lanka and Japan remained steadfast. In August 2024, the joint venture of Japan Radio Corporation and Hazama Ando Corporation was selected to construct the radar and install its sophisticated systems. In tandem with the radar network, JICA has launched a capacity-building project aimed at enhancing the Meteorology Department’s expertise in collecting, interpreting, and analysing weather data. This initiative ensures that accurate weather information will be shared with other organisations and the public, further strengthening the country’s disaster preparedness.Walmart ( NYSE:WMT – Free Report ) had its price objective hoisted by Roth Mkm from $81.00 to $97.00 in a research note issued to investors on Wednesday morning, Benzinga reports. Roth Mkm currently has a buy rating on the retailer’s stock. Several other analysts have also commented on the company. UBS Group lifted their price objective on Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday. StockNews.com raised Walmart from a “buy” rating to a “strong-buy” rating in a report on Friday, August 16th. Citigroup lifted their price objective on Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, September 27th. KeyCorp lifted their target price on Walmart from $88.00 to $96.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. lifted their target price on Walmart from $81.00 to $83.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $91.88. Read Our Latest Analysis on WMT Walmart Stock Up 2.3 % Walmart ( NYSE:WMT – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the previous year, the company posted $0.51 earnings per share. Walmart’s revenue was up 5.5% compared to the same quarter last year. Equities analysts predict that Walmart will post 2.47 EPS for the current fiscal year. Insider Activity at Walmart In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the sale, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. The trade was a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, major shareholder S Robson Walton sold 4,057,369 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now owns 611,988,318 shares of the company’s stock, valued at $47,245,498,149.60. The trade was a 0.66 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock. Institutional Trading of Walmart A number of hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after buying an additional 2,786,061 shares during the period. FMR LLC lifted its holdings in shares of Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after purchasing an additional 7,200,004 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Walmart by 181.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock valued at $3,421,342,000 after purchasing an additional 36,625,314 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Walmart by 1.8% in the 2nd quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer’s stock valued at $2,456,704,000 after acquiring an additional 644,353 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock. About Walmart ( Get Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. Further Reading Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter .
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Three-Year Term Extension Combined with Simplification and Reduction of Interest Rates Helps Further Strengthen Company's Balance Sheet and Overall Financial Position Builds Upon Other Recent Strategic Financial Activities, including $24.3 Million PIPE Financing Company Continues to Build Strong Foundation for Execution of Growth Strategy; Highlighted by Strengthened Leadership, Improved Financial Position, Enhanced Capabilities, and Expanded Capacity CHASKA, Minn., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. LFCR ("Lifecore"), a fully integrated contract development and manufacturing organization ("CDMO"), today announced that it has entered in an agreement with BMO, a leading provider of global investment and corporate banking services and one of North America's largest banks, which amends and extends the terms of Lifecore's existing asset-based lending ("ABL") revolving credit facility entered into between Lifecore and BMO in December 2020. The amendment extends the term of the facility by three years to November 2027, as well as simplifying and reducing the interest rates, and providing flexibility for Lifecore as it relates to certain covenants and reporting requirements. "BMO is a highly regarded global provider of corporate banking services and has been a trusted partner to Lifecore for more than 10 years. The willingness of the BMO team to extend and amend our existing revolving credit facility with advantageous terms demonstrates the bank's confidence in our current business, as well as our ability to execute on our go-forward growth strategy," said Ryan Lake, chief financial officer of Lifecore. "This ABL amendment is the latest positive strategic financial action executed by Lifecore, following our recent successful raising of $24.3 million in a private placement of Lifecore common stock. Together, these activities have significantly improved our balance sheet and overall financial position, providing a strong foundation for future growth." In recent months, Lifecore has also successfully executed a variety of operational and new business initiatives designed to reshape the company and best position it for continued growth in the rapidly expanding CDMO market. These have included key management team appointments, including CEO and CFO, expansion of manufacturing capabilities and capacity through the installation and qualification of its high-speed, multi-purpose 5-head isolator filler, and the signing of several new customers, highlighted by its high-profile agreement with Lindy Biosciences. About Lifecore Biomedical Lifecore Biomedical, Inc. LFCR is a fully integrated contract development and manufacturing organization (CDMO) that offers highly differentiated capabilities in the development, fill and finish of sterile injectable pharmaceutical products in syringes, vials, and cartridges, including complex formulations. As a leading manufacturer of premium, injectable-grade hyaluronic acid, Lifecore brings more than 40 years of expertise as a partner for global and emerging biopharmaceutical and biotechnology companies across multiple therapeutic categories to bring their innovations to market. For more information about the company, visit Lifecore's website at www.lifecore.com . Important Cautions Regarding Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbor created under the Private Securities Litigation Reform Act of 1995 and other safe harbors under the Securities Act of 1933 and the Securities Exchange Act of 1934. Words such as "anticipate", "estimate", "expect", "project", "plan", "intend", "believe", "may", "might", "will", "should", "can have", "likely" and similar expressions are used to identify forward-looking statements. In addition, all statements regarding our anticipated future operating and financial expectations, customer opportunities and relationships are forward-looking statements. All forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially, including such factors among others, as the company's ability to successfully enact its business strategies, including with respect to installation, capacity generation and its ability to attract demand for its services, and its ability expand its relationship with its existing customers or attract new customers; the impact of inflation on Lifecore's business and financial condition; changes in business conditions and general economic conditions both domestically and globally, including rising interest rates and fluctuation in foreign currency exchange rates; Lifecore's ability to access sufficient capital to fund its business strategies; and other risk factors set forth from time to time in Lifecore's SEC filings, including, but not limited to, the Annual Report on Form 10-K for the year ended May 26, 2024 (the "2024 10-K"). For additional information about factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, including the risk factors contained in the 2024 10-K. Forward-looking statements represent management's current expectations as of the date hereof and are inherently uncertain. Except as required by law, we do not undertake any obligation to update forward-looking statements made by us to reflect subsequent events or circumstances. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
ORCHARD PARK, N.Y. (AP) — There's plenty of concern and second-guessing to unpack from how the Bills unraveled on defense, special teams and clock management in their loss to the Los Angeles Rams to wonder whether it was premature labeling Buffalo as Super Bowl contenders only a week earlier. But first, the good news. There's very little wrong with Buffalo's Josh Allen-led offense after the quarterback strengthened his NFL MVP case. A week after a four-TD performance that included the statistical anomaly of him scoring two touchdowns on the same play in a 35-10 win over San Francisco, Allen became the NFL's first player to throw and rush for three scores apiece in 44-42 loss to Los Angeles on Sunday. That Allen's latest superhuman-like effort ended in defeat is what's troubling for the five-time defending AFC East champions (10-3) in their bid to dispel questions of finding ways to fall short in the playoffs in each of the past five years. Buffalo's defense had few answers in stopping the Rams' dynamic attack while allowing a season-high 457 yards. Worse still, the Bills allowed Los Angeles to go 11 of 15 on third down for a 73.3 conversion percentage — the third highest allowed by Buffalo and worst since allowing Miami's 75% conversion rate in 1986. If that's not bad enough, the Bills lost for the first time in 39 games in which they scored at least 42 points, while becoming the NFL's second team to lose when scoring 42 or more and not committing a turnover. Special teams didn't help. Aside from allowing a blocked punt to be returned for a touchdown, the Bills couldn't muster an attempt to block the Rams' final punt from midfield with 7 seconds left because they only had nine players on the field. As coach Sean McDermott concluded after finally addressing reporters more than an hour after the game ended: "I thought we lost two of the three phases today." He failed to mention yet another clock management misstep. Rather than have Allen spike the ball to stop the clock after a failed quarterback keeper from the Rams 1 with 62 seconds remaining, McDermott called timeout. That left Buffalo with two timeouts and essentially relying on the slim chances of recovering an onside kick after Allen scored on his next attempt. McDermott defended his decision by saying he feared too much time would elapse before the Bills aligned for another snap. And yet, it would not have matched the 45 seconds the Rams ran off on their final possession after Buffalo used its final two timeouts. Together, these are the types of miscues that have haunted the Bills in their recent playoff losses. The bright side is the loss to the Rams didn't end the Bills' season, though they fell two games behind Kansas City (12-1) in the race for the AFC's top seed. And perhaps, the loss can be chalked up to a team riding a little too high off a playoff-clinching win and having to travel across the country to face a Rams team in the thick of its divisional race. If that's so, the Bills have a chance to address their flaws — and doubters — by how they respond in what still stands as a juicy showdown at the NFC-leading Detroit Lions (12-1) on Sunday. "They're the top dog in football right now," Allen said, looking ahead to Detroit. "We have to have a good week, learn from this one, and put it behind us." What's working Scoring. The Bills topped 30 points for a team-record seventh consecutive game and ninth time this season. Buffalo entered the day ranked second in the NFL averaging 30.5 points per outing, behind Detroit (32.1). What needs help Run defense. Though the Rams averaged just 3.3 yards per carry, they stuck with it in finishing with 137 yards, helping them enjoy a 17-minute edge in time of possession. Stock up Allen. If not for him, the Bills wouldn't have been in position to nearly overcome a 17-point fourth-quarter deficit. His 424 yards (342 passing and 82 rushing) accounted for all but 21 yards of Buffalo's total offense. Stock down With so many options, perhaps the focus falls on special teams coordinator Matthew Smiley. This is the second time in 13 months special teams personnel management became an issue. Buffalo was flagged for having too many men as time expired, providing Wil Lutz a second chance to hit a decisive field goal in sealing Denver's 24-22 win last season. Injuries Starting CB Rasul Douglas was sidelined by a knee injury. ... DE Casey Toohill injured his ribs. Key number 80-1-1 — The Bills' record when scoring 38 or more points, including a 38-38 tie with Denver in 1960. Next steps Facing Detroit represents Buffalo's final major test before closing the season with two games against New England and hosting the New York Jets.CLASS ACTION NOTICE: Berger Montague Advises Evolv Technologies (NASDAQ: EVLV) Investors to Inquire About a Securities Fraud Class ActionJPMorganChase Declares Common Stock Dividend
Posts area Latest 1 of 1 Go to latest Pinned post from 5.04am Voters think Albanese government has wrong priorities, poll finds By Josefine Ganko Most Australians feel they are poorer now than they were three years ago, as a poll reveals widespread dissatisfaction with the Albanese government’s priorities. A new Redbridge poll found 52 per cent of those surveyed either disagreed or strongly disagreed with the proposition that the government has the right focus. 40 per cent of voters said Peter Dutton was ready for office, slightly more than the 39 per cent who said he was not. Asked on Seven’s Sunrise if the polling meant Australia was “in the mood for change”, Social Services Minister Amanda Rishworth said the government was focused on the cost of living, while the Coalition was blocking bills. Loading Directing her comments to Liberal senator Jane Hume, Rishworth said: “You’ve voted against our housing bills. Blocked our cost of living measures. Fought against our energy price measures. Everything we’ve done, the Liberal Party have fought against it...” Hume repeatedly interjected Rishworth’s response, asking “Where have you been for 21⁄2 years?” “You spent a year concentrating on the Voice referendum,” she quipped. Meanwhile, on Nine’s Today , Nationals senator Matt Canavan also responded to the poll, saying Australians were poorer because “we’ve adopted a lot of stupid policies that deny Australians the use of their own energy resources that load our country with way too much red tape”. Last month, the Resolve Political Monitor found Australians hold Labor accountable for the financial pain of rising prices and the cost of housing. Thirty-six per cent believe the federal government is responsible for their rising living costs – far greater than the 13 per cent who blame global factors outside Australia’s control. Latest posts Latest posts 5.56am ‘I’ve done a backflip’: MP turns against social media ban By Olivia Ireland Independent MP Andrew Wilkie has backflipped on supporting the government’s teen social media ban, saying he has realised “the whole thing’s a nonsense”. Yesterday, moderate Liberal MPs Bridget Archer and Richard Colbeck threatened to vote against the ban that Opposition Leader Peter Dutton wants to ram through the parliament with Labor. “I got it wrong and I’ve changed my mind”: Independent MP Andrew Wilkie. Credit: Mick Tsikas Speaking on ABC Radio National this morning, Wilkie said he had changed his mind about supporting the bill. “I’ve got a confession to make. I’ve done a backflip on this,” he said. Loading “I got it wrong and I’ve changed my mind. I’ve got two teenage daughters and I’ve got three teenage stepsons. My first response to the news that under 16s would be banned: ‘I agree with joy’, I thought ‘that’s a great idea’. “But as soon as I started to research it, as soon as I started to hear commentary from youth and adolescent mental health experts, from youth welfare experts, from technical experts to talk about the practicalities of this ... I realise[d] the whole thing’s a nonsense and, frankly, I am doubtful that it will ever be realised.” 5.43am Road closures for the opening of Parliament By Felicity Caldwell The Queensland election was a month ago but the pomp and circumstance will happen today, with the Governor to travel to Parliament House to formally open the 58th Parliament, meaning there will be road closures in the city. Upon Governor Dr Jeannette Young’s arrival at the Queensland Parliament at 1.40pm, a 19-gun salute will fire from Kangaroo Point, and she will receive a royal salute from the Royal Guard, be invited to inspect the Guard, the Australian Army band, Brisbane and Queensland mounted police escort. She will then deliver the opening address in Parliament, outlining the priorities and objectives of the incoming LNP government. These are the road changes: Alice Street parking lanes between Albert and William streets will be closed 10am to 3pm; George Street will be closed between Alice Street and the entrance to QUT from 9am to 4pm. QUT drop-off will be available until 9am and after 4pm; Pedestrian access from the intersection of George and Alice streets to QUT will be closed from 12pm to 2pm; Lower River Terrace, Kangaroo Point will be closed to traffic from 6am to 4pm; Footpaths and bikeways along Lower River Terrace will be closed for 10 to 15 minutes from 1.40pm. 5.35am Biden welcomes Israel-Hezbollah ceasefire, as Israeli cabinet approves deal By AP President Joe Biden on Tuesday called Israel and Hezbollah’s ceasefire agreement “good news” and expressed hope the pause in more than 13 months of fighting will be the catalyst to also end the war in Gaza. Biden made his comments in a Rose Garden speech. He stressed that Israel reserved the right to quickly resume operations in Lebanon if Hezbollah broke the terms of the truce. US President Joe Biden administration has been trying to calm relations with Beijing. Credit: AP Biden added that the deal between Israel and Hezbollah “was designed to be a permanent cessation of hostilities”. The president’s comments come as Israeli Prime Minister Benjamin Netanyahu’s security Cabinet approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu’s office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announce details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. Read more about the ceasefire deal in the full story here. Advertisement 5.04am Voters think Albanese government has wrong priorities, poll finds By Josefine Ganko Most Australians feel they are poorer now than they were three years ago, as a poll reveals widespread dissatisfaction with the Albanese government’s priorities. A new Redbridge poll found 52 per cent of those surveyed either disagreed or strongly disagreed with the proposition that the government has the right focus. 40 per cent of voters said Peter Dutton was ready for office, slightly more than the 39 per cent who said he was not. Asked on Seven’s Sunrise if the polling meant Australia was “in the mood for change”, Social Services Minister Amanda Rishworth said the government was focused on the cost of living, while the Coalition was blocking bills. Loading Directing her comments to Liberal senator Jane Hume, Rishworth said: “You’ve voted against our housing bills. Blocked our cost of living measures. Fought against our energy price measures. Everything we’ve done, the Liberal Party have fought against it...” Hume repeatedly interjected Rishworth’s response, asking “Where have you been for 21⁄2 years?” “You spent a year concentrating on the Voice referendum,” she quipped. Meanwhile, on Nine’s Today , Nationals senator Matt Canavan also responded to the poll, saying Australians were poorer because “we’ve adopted a lot of stupid policies that deny Australians the use of their own energy resources that load our country with way too much red tape”. Last month, the Resolve Political Monitor found Australians hold Labor accountable for the financial pain of rising prices and the cost of housing. Thirty-six per cent believe the federal government is responsible for their rising living costs – far greater than the 13 per cent who blame global factors outside Australia’s control. 4.57am Another warm day, and it could be wet, too It’s likely to be another cloudy day in Brisbane, with a medium chance of showers throughout the day. And the temperature is forecast to reach a maximum just short of 30 degrees. The weather bureau predicts a slight breeze throughout the day also, dropping off into the evening. Here’s the seven-day outlook: 4.55am Headlines of what’s happening elsewhere Stories making the rounds further afield this morning: The grieving families of two backpackers who died after a suspected mass methanol poisoning have returned to Australia with the bodies of their daughters after living every parents’ nightmare. The Australian economy has been destabilised by incoming US president Donald Trump’s declaration of a tariff war on three of America’s biggest trading partners. Natalie Harp watches Donald Trump. Credit: Doug Mills/The New York Times Trump has always demanded loyalty from his aides but few have answered the call quite like Natalie Harp . A 33-year-old former far-right cable TV host, Harp is nearly always at Trump’s side and has written him a series of devotional letters. Now she is poised to play an influential role in his White House. Israeli Prime Minister Benjamin Netanyahu has announced he will recommend a proposal for a ceasefire with Hezbollah to his cabinet for approval, setting the stage for an end to nearly 14 months of fighting. And from January 8, Australians will need an electronic travel authorisation to enter the UK. You can apply for yours now. Advertisement 4.43am The top stories for this morning Good morning, thanks for joining us for Brisbane Times’ live news blog. It’s Wednesday, November 27, and we’re expecting a partly cloudy day and a top temperature of 29 degrees. In this morning’s local headlines: Did Brisbane’s buses get more crowded after 50¢ fares? What impact has working from home had on public transport? We have the latest figures from Translink . Queensland’s new LNP government will push a regular end-of-year budget update into early 2025 to give it time to “get our head around” Labor’s cost blowouts, says Treasurer David Janetzki. Queensland remains in the grip of a whooping cough outbreak , with staff at Brisbane public hospitals reporting up to 28 times the number of cases normally seen by this time of year. Thirty-four years ago, former umpire Ian Stewart was viciously assaulted . As he reflects on the damage caused by an angry player, a Queensland academic explains why decision-makers shouldn’t be surprised by “concussion crises”. And it took just a $30 investment and a tug on his heartstrings to convince former St George Illawarra captain Ben Hunt that he belonged back at the Broncos , where his career began. Ben Hunt has agreed to a two-year Broncos deal worth about $550,000 annually – significantly less than what he was earning at St George Illawarra. 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CHICAGO (AP) — Sam Darnold threw for 90 of his 330 yards in overtime to set up , and the Minnesota Vikings outlasted the Chicago Bears 30-27 on Sunday after giving up 11 points in the final 22 seconds of regulation. Darnold threw two touchdown passes, Jordan Addison caught eight passes for a career-high 162 yards and a touchdown, and T.J. Hockenson had 114 yards receiving for the Vikings (9-2), who remained one game behind Detroit in the rugged NFC North. Caleb Williams threw for 340 yards and two touchdowns for the Bears (4-7), who lost their fifth straight and fell to 5-18 in one-possession games under coach Matt Eberflus, who is 14-31 in 2 1/2 seasons. Minnesota appeared to have the game in hand, leading 27-16 with 1:56 left after Romo kicked a 26-yard field goal. But the Bears weren’t finished. Deandre Carter made up for that led to a touchdown in the third quarter with a 55-yard kickoff return to the 40. Williams took it from there, capping an eight-play drive with a 1-yard touchdown pass to Keenan Allen. A 2-point conversion pass to DJ Moore made it 27-24 with 22 seconds remaining. The Bears recovered the onside kick and Williams hit Moore over the middle for a 27-yard gain to the 30 before spiking the ball. Cairo Santos made a 48-yard field goal as time expired. Chicago won the coin toss, but Williams was sacked for a 12-yard loss on second down, leading to a three-and-out. The Vikings took over at the 21, and Darnold led a 10-play drive, overcoming a sack and two penalties. Darnold connected with Hockenson for a 29-yard completion that put the ball on the 9. He took a knee and then Romo nailed the winner. Darnold surpassed his previous season high of 19 touchdown passes with a 2-yarder to Addison on the first play of the second quarter, and he made it 14-7 with a 5-yard score to Jalen Nailor late in the first half. He completed 22 of 34 passes. Aaron Jones ran for 106 yards and a score for the VIkings. Williams was 32 of 47 with a 103.1 passer rating in his second straight solid performance since Thomas Brown replaced the fired Shane Waldron as offensive coordinator. Moore caught seven passes for 106 yards and a touchdown, and Allen added 86 yards receiving and the late TD. Injuries Vikings: LB Ivan Pace Jr. (hamstring) and LT Cam Robinson (foot) left in the first quarter. ... Darnold missed two plays after he was hit by Gervon Dexter Sr. on a pass play with about 6 1/2 minutes. Up next Vikings: Host Arizona next Sunday. Bears: Visit Detroit on Thanksgiving. ___ AP NFL: Andrew Seligman, The Associated Press
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