blackjack online with friends
WASHINGTON - Donald Trump threatened the United States's closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! WASHINGTON - Donald Trump threatened the United States's closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Read unlimited articles for free today: Already have an account? WASHINGTON – Donald Trump threatened the United States’s closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Trump said Monday he would use an executive order to impose 25 per cent tariffs on all goods coming from Canada and Mexico until the two countries stop drugs and migrants from illegally crossing the U.S. border. The announcement, made on Truth Social, brought swift responses from officials and industry in both countries who are bracing for chaos during Trump’s second tenure. He has long used the threat of import taxes to pressure other countries to do his bidding, saying this summer that “the most beautiful word in the dictionary is ‘tariff.'” It’s unlikely the move would violate the Canada-U.S.-Mexico Agreement, which was negotiated during the first Trump administration. Laura Dawson, an expert on Canada-U. S. relations and the executive director of the Future Borders Coalition, said the president can impose tariffs under his national security powers. This type of duty has a time limit and can only be made permanent through Congressional approval, but for Trump, national security powers are like a “get out of jail free card,” Dawson said. “This is exactly what happened in the last Trump administration,” Dawson said. “Everyone said, ‘Well, that is ridiculous. Canada is the U.S.’s best security partner. What do you mean our steel and aluminum imports are somehow a source of insecurity?'” But within the global trade system, she said, no country challenges another’s right to define their own national security imperatives. Trump’s first administration demonstrated how vulnerable Canada is to America’s whims when the former president scrapped the North American Free Trade Agreement. The U.S. is Canada’s closest neighbour and largest trading partner. More than 77 per cent of Canadian exports go to the U.S. Negotiation of CUSMA, commonly dubbed “the new NAFTA,” was a key test for Ottawa following Trump’s first victory. The trilateral agreement is up for review in 2026 and experts suspect this week’s tariff announcement is a negotiating tactic. Scott Bessent, Trump’s pick for treasury secretary, said in a recent op-ed that tariffs are “a useful tool for achieving the president’s foreign policy objectives.” “Whether it is getting allies to spend more on their own defence, opening foreign markets to U.S. exports, securing co-operation on ending illegal immigration and interdicting fentanyl trafficking, or deterring military aggression, tariffs can play a central role.” During the initial CUSMA negotiations in 2018, Trump floated the idea of a 25 per cent tariff on the Canadian auto sector — something that would have been crippling for the industry on both sides of the border. It was never implemented. At the time, he did use his national security powers to impose a 25 per cent tariff on steel and 10 per cent tariff on aluminum imports, casting fear of an all-out trade war that would threaten the global economy. The day after announcing those levies, Trump posted on social media “trade wars are good, and easy to win.” Former U.S. trade representative Robert Lighthizer recounted in his book that the duties sent an “unmistakable signal that business as usual was over.” “The Trump administration was willing to ruffle diplomatic feathers to advance its trade agenda.” It led to a legendary clash between Prime Minister Justin Trudeau and Trump at the G7 in Quebec. Trudeau said Canada would impose retaliatory measures, saying the argument that tariffs on steel and aluminum were a matter of national security was “kind of insulting.” Trump took to social media, where, in a flurry of posts he called Trudeau “very dishonest and weak.” Canada and other countries brought their own duties against the U.S. in response. They targeted products for political, rather than economic, reasons. Canada hit yogurt with a 10 per cent duty. Most of the product impacted came from one plant in Wisconsin, the home state of then-Republican House Speaker Paul Ryan. The European Union, Mexico and Canada all targeted U.S. whiskey products with tariffs, in a clear signal to then Republican Senate Majority Leader Mitch McConnell and his home state of Kentucky’s bourbon industry. Ultimately, Canada and Mexico were able to negotiate exemptions. Carlo Dade, the director of trade and trade infrastructure at the Canada West Foundation, said Trump is returning to the White House with more experience and a plan. But he suspects Americans will not like the blow to their bank accounts. Trump’s new across-the-board tariff strategy would not only disrupt global supply chains, it would also cause a major shakeup to the American economy. It’s unclear if Trump will go through with them, or for how long, after campaigning on making life more affordable and increasing the energy market. “I think it will be short-term,” Dade said. “The U.S. can only inflict damage on itself for so long.” This report by The Canadian Press was first published Nov. 26, 2024. — With files from The Associated Press Advertisement AdvertisementCalifornia AG reaffirms state’s commitment to sex reassignment procedures on minorsAmazon.com, Inc. (NASDAQ:AMZN) is Dock Street Asset Management Inc.’s 2nd Largest Position
Young Sheldon Season 8: CBS shares glimpses of Thanksgiving episode - Mary, Meemaw, Missy, and Georgie
Are you wanting to make new additions to your income portfolio in January? If you are, then it could pay to listen to what analysts are saying about the ASX dividend stocks in this article. They have recently been named as buys by analysts and tipped to offer attractive . Here's what you need to know about them: ( ) The team at Bell Potter thinks that agribusiness company Elders could be an ASX dividend stock to buy in January. It was pleased with the recent announcement of a new acquisition and feels it is another reason to buy. Especially given its belief that the market is underestimating the synergies on offer with the acquisition. Outside this, it thinks that Elders' shares are trading at a discount to fair value. The broker explains: Our Buy rating is unchanged. The acquisition of delta looks a relatively low-risk stepout with upside to the synergy target based on the 15% ROIC target (i.e ~$70m EBIT vs. 3yr target of ~$55m) largely through increased backward integration in crop protection. Trading at ~7.4x PF25e EBITDA, ELD trades at a reasonable discount to its through-the-cycle EBITDA multiple of 8.5x. Bell Potter is expecting Elders to pay fully franked dividends of 38 cents per share in FY 2025 and then 43 cents per share in FY 2026. Based on the current Elders share price of $7.23, this will mean of 5.25% and 5.95%, respectively. The broker has a buy rating and $9.45 price target on its shares. ( ) Another excellent ASX dividend stock for income investors to consider buying in January is Smartgroup. It is an industry-leading provider of employee benefits, end-to-end fleet management, and software solutions. Smartgroup currently has over 400,000 salary packages and 64,000 novated leases under management. Bell Potter is also positive on the company. It believes its shares are undervalued, particularly given its defensive qualities and favourable industry tailwinds. The broker said: Our favourable investment view is predicated on: (1) defensive customer segments with strong forecast occupational growth within the disability and aged care services; (2) the Electric Car Discount Bill (2022) which exempts new energy vehicles from Fringe Benefits Tax; and (3) a greater availability and selection of new energy vehicles, particularly in the mid-to-large Sports Utility segment. In respect to income, Bell Potter is forecasting fully franked dividends of 59.7 cents in FY 2025 and then 62.7 cents in FY 2026. Based on its current share price of $7.74, this will mean big dividend yields of 7.7% and 8.1%, respectively. The broker currently has a buy rating and $10.00 price target on Smartgroup's shares.BERKELEY, Calif. — Kayla Williams scored 21 points and California handed No. 19 Alabama its first loss 69-65 in the ACC/SEC Challenge on Thursday night. Ionna Krimili, who had 19 points, made three free throws in the last half minute to seal the win for the Bears (8-1), who never led by more than six, that coming when Krimili made two free throws with 26.6 seconds seconds to play. Christabel Ezumah then made 1 of 2 from the line for Alabama, making it 68-63 with 19.1 seconds left but Krimili, who came in 25 of 28 from the line for the season, missed two free throws. Zaay Green scored inside for the Tide before Krimili missed her third straight free throw before icing the game with six seconds remaining. Mara Suarez added 16 points for Cal, which picked up its fourth win against a 2024 NCAA Tournament team and the highest-ranked win since beating No. 13 Arizona on March 1, 2020. The Golden Beas haven't been to the NCAA Tournament since 2019. Green led Alabama (9-1) with 28 points, Essence Cody added 13 and Karly Weathers had 12. Cal was up 14-13 at the end of the first quarter but a 15-2 run put Alabama on top late in the second quarter. Cody scored six points and Green had five. But the Bears scored the next eight points and trailed 32-25 at the half. Green and Cody both had 13 points. Alabama was up 41-36 after Sarah Ashlee Baker's three-point play almost three minutes into the third quarter but then the Golden Bears reeled off 11 straight. Krimili had a 3-pointer to tie it and Suarez followed with a 3 for the lead. Williams scored the last seven points of the half for Cal for a 54-50 lead heading into the fourth quarter. The only other meeting between the schools came in a Thanksgiving tournament in Chicago in 2000 with the Tide winning 76-63. Cal plays at Pacific on Saturday. The Crimson Tide have a long break before playing Murray State at home on Dec. 15.
Michael Derrer Fuchs International Business Machines ( NYSE: IBM ) continued gains for seven straight sessions as the stock closed 1.20% higher, at $228.85 on Tuesday. The American technology company gained 8.67% in the last six trading sessions. The stock has gained more than 38% so far this year, outperformingBy MARK VANCLEAVE and MICHAEL GOLDBERG FERGUS FALLS, Minn. — A jury convicted two men on Friday of charges related to human smuggling for their roles in an international operation that led to the deaths of a family of Indian migrants who froze while trying to cross the Canada-U.S. border during a 2022 blizzard. Harshkumar Ramanlal Patel, 29, an Indian national who prosecutors say went by the alias “Dirty Harry,” and Steve Shand, 50, an American from Florida, were part of a sophisticated illegal operation that has brought increasing numbers of Indians into the U.S., prosecutors said. They were each convicted on four counts related to human smuggling, including conspiracy to bring migrants into the country illegally. “This trial exposed the unthinkable cruelty of human smuggling and of those criminal organizations that value profit and greed over humanity,” Minnesota U.S. Attorney Andy Luger said. In an image released by the U.S. Attorney’s Office, shows how the migrants who survived the crossing were terribly inadequately dressed. (U.S. Attorney’s Office via AP) This combination image shows left to right; undated photo released by the Sherburne County Sheriff’s Office shows Harshkumar Patel in Elk River, Minn., and undated photo released by the U.S. Immigration and Customs Enforcement shows Steve Shand. (AP Photo) The Edward J. Devitt U.S. Courthouse and Federal building is seen, where two men on trial face human smuggling charges, Monday, Nov. 18, 2024, in Fergus Falls, Minn. (AP Photo/Michael Goldberg) FILE – Road signage is posted just outside of Emerson, Manitoba, Jan. 20, 2022. (John Woods/The Canadian Press via AP, File) In an undated image released by the U.S. Attorney’s Office, shows items found in a migrant child’s backpack. (U.S. Attorney’s Office via AP) FILE – Road signage is posted just outside of Emerson, Manitoba on Thursday, Jan. 20, 2022. (John Woods/The Canadian Press via AP) In an image released by the U.S. Attorney’s Office, shows how the migrants who survived the crossing were terribly inadequately dressed. (U.S. Attorney’s Office via AP) “To earn a few thousand dollars, these traffickers put men, women and children in extraordinary peril leading to the horrific and tragic deaths of an entire family. Because of this unimaginable greed, a father, a mother and two children froze to death in sub-zero temperatures on the Minnesota-Canadian border,” Luger added. The most serious counts carry maximum sentences of up to 20 years in prison, the U.S. Attorney’s Office told The Associated Press before the trial. But federal sentencing guidelines rely on complicated formulas. Luger said Friday that various factors will be considered in determining what sentences prosecutors will recommend. Federal prosecutors said 39-year-old Jagdish Patel; his wife, Vaishaliben, who was in her mid-30s; their 11-year-old daughter, Vihangi; and 3-year-old son, Dharmik, froze to death Jan. 19, 2022, while trying to cross the border into Minnesota in a scheme Patel and Shand organized. Patel is a common Indian surname, and the victims were not related to Harshkumar Patel. The couple were schoolteachers, local news reports said. The family was fairly well off by local standards, living in a well-kept, two-story house with a front patio and a wide veranda. Experts say illegal immigration from India is driven by everything from political repression to a dysfunctional American immigration system that can take years, if not decades, to navigate legally. Much is rooted in economics and how even low-wage jobs in the West can ignite hopes for a better life. Before the jury’s conviction on Friday, the federal trial in Fergus Falls, Minnesota, saw testimony from an alleged participant in the smuggling ring, a survivor of the treacherous journey across the northern border, border patrol agents and forensic experts. Defense attorneys were pitted against each other, with Shand’s team arguing that he was unwittingly roped into the scheme by Patel. Patel’s lawyers, The Canadian Press reported , said their client had been misidentified. They said “Dirty Hary,” the alleged nickname for Patel found in Shand’s phone, is a different person. Bank records and witness testimony from those who encountered Shand near the border didn’t tie him to the crime, they added. Prosecutors said Patel coordinated the operation while Shand was a driver. Shand was to pick up 11 Indian migrants on the Minnesota side of the border, prosecutors said. Only seven survived the foot crossing. Canadian authorities found two parents and their young children later that morning, dead from the cold. The trial included an inside account of how the international smuggling ring allegedly works and who it targets. Rajinder Singh, 51, testified that he made over $400,000 smuggling over 500 people through the same network that included Patel and Shand. Singh said most of the people he smuggled came from Gujarat state. He said the migrants would often pay smugglers about $100,000 to get them from India to the U.S., where they would work to pay off their debts at low-wage jobs in cities around the country. Singh said the smugglers would run their finances through “hawala,” an informal money transfer system that relies on trust. The pipeline of illegal immigration from India has long existed but has increased sharply along the U.S.-Canada border. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending Sept. 30, which amounted to 60% of all arrests along that border and more than 10 times the number two years ago. By 2022, the Pew Research Center estimates more than 725,000 Indians were living illegally in the U.S., behind only Mexicans and El Salvadorans. Jamie Holt, a Special Agent with Homeland Security Investigations, said the case is a stark reminder of the realities victims of human smuggling face. “Human smuggling is a vile crime that preys on the most vulnerable, exploiting their desperation and dreams for a better life,” Holt said. “The suffering endured by this family is unimaginable and it is our duty to ensure that such atrocities are met with the full force of the law.” One juror Kevin Paul, of Clearwater, Minnesota, told reporters afterward that it was hard for the jurors to see the pictures of the family’s bodies. He said he grew up in North Dakota and is familiar with the kind of conditions that led to their deaths. “It’s pretty brutal,” Paul said. “I couldn’t imagine having to do what they had to do out there in the middle of nowhere.”
EASTON, Pa. - An Easton council member is suing a political action committee over yard signs and Facebook posts she says were defamatory and caused her to lose a Democratic primary. Councilwoman Taiba Sultana filed a defamation lawsuit against PA Citizens PAC, according to a news release from the Mobilio Wood law firm. The lawsuit focuses on yard signs created by the PAC referring to Sultana as “crazy, chaotic, and criminal," the law firm says. It also highlights several Facebook posts generated by the PAC referring to Ms. Sultana as antisemitic, among other things, according to the news release. The lawsuit alleges that as a result of these comments, Sultana lost her election for the state House and received numerous threatening messages referring to her as a terrorist who should leave the country. Sultana lost the 136th state House District primary race to incumbent state Rep. Bob Freeman. Sultana’s attorney, Matthew Mobilio, stated: “This was not politics as usual. These statements were not only false, but clearly malicious given the severity and numerosity of the allegations, and their personal, as opposed to political, nature.” 69 News reached out to PA Citizens PAC for comment.12. Clemson Tigers 10-3 (7-1 Atlantic Coast Conference regular season) What's next: First-round at No. 5 seed Texas, Dec. 21 Head coach: Dabo Swinney (17th season, 180-46 overall) About Swinney: The 55-year-old, who is 6-4 in the CFP, took over during the 2008 season and has won two national titles (2016, 2018). He will take the Tigers to the CFP the first time since the 2020 season and the seventh time overall. Resume The Tigers, the only three-loss team in the 12-team field, were in a must-win situation in the ACC championship game, prevailing on a last-second, 56-yard field goal to defeat SMU 34-31. Clemson lost two games to SEC opponents (Georgia and South Carolina) this season. The Tigers' other defeat came at home to Louisville. The matchup with Texas will be Clemson's first true road game against the SEC this season. Postseason history A nine-time winner of the ACC Championship Game, the Tigers notched a double-figure win total for the 13th time in the last 14 seasons. Along with its two national titles, Clemson reached the title game two other times (2019 and 2015). This will be the first Clemson-Texas matchup. The road to Atlanta It will be a tricky road for the Tigers to reach the CFP title game in Atlanta at a venue familiar to Clemson fans. The Tigers will take at least two and maybe three trips outside of their own time zone to qualify for the final. Names to know QB Cade Klubnik Klubnik, a Texas native, has been taking snaps in crucial situations since a limited role as a freshman in 2022, when he rescued the Tigers in an ACC Championship victory vs. North Carolina. Sporting a 19-8 career record as a starter, Klubnik has thrown for 3,303 yards and 33 touchdowns along with five interceptions this season. He tossed four TDs in the ACC title game Dec. 7 against SMU after receiving All-ACC honorable mention following the regular season. "He's battle-tested," Swinney said. "He has got a lot of experience under his belt. He has had some failure, which has made him better." RB Phil Mafah The senior has racked up 1,106 rushing yards with eight touchdowns this season and has 28 career scores. Mafah has averaged fewer than 17 carries per game, so he makes the most of his opportunities, and at 230 pounds he can be a load to bring down. DE T.J. Parker He's been disruptive on a regular basis, racking up 19 tackles for loss (11 sacks) this season. The 265-pound sophomore helped set the tone in the ACC title game when the Tigers feasted on early SMU mistakes. Parker is tied for the Division I lead with six forced fumbles this season. K Nolan Hauser The freshman joined the Tigers this season with great acclaim and produced a career highlight with a 56-yard game-winning field goal -- the longest in ACC title game history -- to beat SMU at the buzzer. --Field Level MediaMark Few likes No. 3 Gonzaga's toughness after win over future Pac-12 'partner' SDSU
EU chief in Uruguay for final talks on a huge trade deal with the South American Mercosur bloc
NoneCAMBRIDGE, Mass. , Nov. 26, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM ), the cybersecurity and cloud computing company that powers and protects business online, announced that the U.S. Bankruptcy Court for the District of Delaware has approved its bid to acquire select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. The transaction does not include the acquisition of Edgio personnel, technology, or assets related to the Edgio network. The court approval follows Akamai submitting the winning bid for the select assets during Edgio's 363 bankruptcy auction on November 13, 2024 , as part of its filing for Chapter 11 bankruptcy relief. The court decision provides the necessary approval for the closing of the sale to proceed. When the transaction closes, several hundred net new Akamai customers will have a clear path and the necessary support to smoothly migrate to a best-in-class and reliable provider of the services they need prior to Edgio ceasing operations of its content delivery network. The customers will also have immediate access to the full portfolio of Akamai's cybersecurity and cloud computing services. "Akamai is offering Edgio customers a smooth, secure transition without impacting their business or that of their end users," said Adam Karon , Akamai's Chief Operating Officer and General Manager, Cloud Technology Group. "We have the capacity, capabilities, and experience to help Edgio customers easily migrate to Akamai, and we believe our track record with similar transactions gives us the expertise to help move them to Akamai as seamlessly as possible. We look forward to welcoming these new customers and giving them the opportunity to take advantage of Akamai's full range of security and cloud solutions, which run on the world's most distributed platform." For the fourth quarter of 2024, Akamai expects this transaction to add approximately $9 - $11 million in revenue. As part of its bid, Akamai agreed to pay certain costs for Edgio to operate its network during the transition and wind-down period until such time as Edgio ceases operation of its content delivery network in mid-January 2025 . Akamai expects those transition services costs to be approximately $15 - $17 million in the fourth quarter. Akamai anticipates the transaction to be dilutive to non-GAAP net income per diluted share by approximately $0.03 - $0.05 in the fourth quarter, inclusive of the transition service costs. For the full year 2025, Akamai anticipates this transaction will add approximately $80 - $100 million in revenue, approximately $25 - $30 million of transition service costs, and be accretive to non-GAAP net income per diluted share by approximately $0.15 - $0.20 . "We believe this transaction will create significant value for Akamai and our shareholders," said Ed McGowan , Akamai's Chief Financial Officer. "By integrating these customers onto our platform with its advantageous cost structure, we expect to improve profitability and unlock new growth opportunities. We're excited about the potential to cross-sell and up-sell our advanced security and cloud computing solutions to this expanded customer base." The transaction is expected to close in early December 2024 , subject to customary closing conditions for a transaction of this type. About Akamai Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense-in-depth to safeguard enterprise data and applications everywhere. Akamai's full-stack cloud computing solutions deliver performance and affordability on the world's most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog , or follow Akamai Technologies on X and LinkedIn . Contacts Akamai Public Relations [email protected] Akamai Investor Relations [email protected] Akamai Statement Under the Private Securities Litigation Reform Act This press release contains statements that are not statements of historical fact and constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including, but not limited to, statements about: management's guidance regarding the expected impact of the transaction on Akamai, including its expected impact on revenue, non-GAAP net income per diluted share, capital expenditures, and new customer additions; the potential benefits of the transaction to Akamai, its customers and its shareholders; expectations regarding customer migration in connection with the transaction; expected transition services costs; the expected duration of Edgio's transition and wind-down period; and the expected closing date of the transaction. Each of the forward-looking statements is subject to change as a result of various important factors, many of which are beyond the company's control, including, but not limited to: the risk that the transaction may not be completed in a timely manner or at all; the parties' ability to satisfy closing conditions; the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction agreements; Akamai being unable to achieve the anticipated benefits of the transaction; the risk that customer migration may be more difficult, time-consuming or costly than expected; the retention of key personnel during the transition period; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transaction; effects of competition, including pricing pressure and changing business models; impact of macroeconomic trends, including economic uncertainty, turmoil in the financial services industry, the effects of inflation, rising and fluctuating interest rates, foreign currency exchange rate fluctuations, securities market volatility and monetary supply fluctuations; continuing supply chain and logistics costs, constraints, changes or disruptions; defects or disruptions in Akamai's products or IT systems, including cyber-attacks, data breaches or malware; changes to economic, political and regulatory conditions in the United States or internationally; and other factors that are discussed in the company's most recent Annual Report on Form 10-K, subsequent quarterly reports on Form 10-Q and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Akamai does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Use of Non-GAAP Financial Measures In addition to providing financial measurements based on generally accepted accounting principles in the United States of America (GAAP), Akamai provides additional financial metrics that are not prepared in accordance with GAAP (non-GAAP financial measures). Management uses non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes, to measure executive compensation and to evaluate Akamai's financial performance. The non-GAAP financial measure used in this release is non-GAAP net income per diluted share. Management believes that these non-GAAP financial measures reflect Akamai's ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business, as they facilitate comparison of financial results across accounting periods and to those of our peer companies. Management also believes that these non-GAAP financial measures enable investors to evaluate Akamai's operating results and future prospects in the same manner as management. These non-GAAP financial measures may exclude expenses and gains that may be unusual in nature, infrequent or not reflective of Akamai's ongoing operating results. The non-GAAP financial measures do not replace the presentation of Akamai's GAAP financial results and should only be used as a supplement to, not as a substitute for, Akamai's financial results presented in accordance with GAAP. In addition, the financial guidance contained in this press release that is provided on a non-GAAP basis cannot be reconciled to the closest GAAP measures without unreasonable effort because of the unpredictability of the amounts and timing of events affecting the items we exclude from non-GAAP measures. For example, stock-based compensation is unpredictable for Akamai's performance-based awards, which can fluctuate significantly based on current expectations of the future achievement of performance-based targets. Amortization of intangible assets, acquisition-related costs and restructuring costs are all impacted by the timing and size of potential future actions, which are difficult to predict. In addition, from time to time, Akamai excludes certain items that occur infrequently, which are also inherently difficult to predict and estimate. It is also difficult to predict the tax effect of the items we exclude and to estimate certain discrete tax items, such as the resolution of tax audits or changes to tax laws. As such, the costs that are being excluded from non-GAAP guidance are difficult to predict and a reconciliation or a range of results could lead to disclosure that would be imprecise or potentially misleading. Material changes to any one of the exclusions could have a significant effect on our guidance and future GAAP results. Akamai's definition of the non-GAAP measures used in this press release are outlined below: Non-GAAP net income per diluted share – Non-GAAP net income divided by weighted average diluted common shares outstanding. Diluted weighted average common shares outstanding are adjusted in non-GAAP per share calculations for the shares that would be delivered to Akamai pursuant to the note hedge transactions entered into in connection with the issuances of $1,265 million of convertible senior notes due 2029 and the issuances of $1,150 million of convertible senior notes due 2027 and 2025, respectively. Under GAAP, shares delivered under hedge transactions are not considered offsetting shares in the fully-diluted share calculation until they are delivered. However, Akamai would receive a benefit from the note hedge transactions and would not allow the dilution to occur, so management believes that adjusting for this benefit provides a meaningful view of operating performance. With respect to the convertible senior notes due in each of 2029, 2027 and 2025, unless Akamai's weighted average stock price is greater than $126.31 , $116.18 and $95.10 , respectively, the initial conversion prices, there will be no difference between GAAP and non-GAAP diluted weighted average common shares outstanding. Non-GAAP net income – GAAP net income adjusted for the following tax-affected items: amortization of acquired intangible assets; stock-based compensation; amortization of capitalized stock-based compensation; acquisition-related costs; restructuring charges; amortization of debt issuance costs; amortization of capitalized interest expense; certain gains and losses on investments; gains and losses from equity method investment; and other non-recurring or unusual items that may arise from time to time. The non-GAAP adjustments, and Akamai's basis for excluding them from non-GAAP financial measures, are outlined below: Amortization of acquired intangible assets – Akamai has incurred amortization of intangible assets, included in its GAAP financial statements, related to various acquisitions Akamai has made. The amount of an acquisition's purchase price allocated to intangible assets and term of its related amortization can vary significantly and is unique to each acquisition; therefore, Akamai excludes amortization of acquired intangible assets from its non-GAAP financial measures to provide investors with a consistent basis for comparing pre- and post-acquisition operating results. Stock-based compensation and amortization of capitalized stock-based compensation – Stock-based compensation is an important aspect of the compensation paid to Akamai's employees which includes long-term incentive plans to encourage retention, performance-based plans to encourage achievement of specified financial targets and also short-term incentive awards with a one year vest. The grant date fair value of the stock-based compensation awards varies based on the stock price at the time of grant, varying valuation methodologies, subjective assumptions and the variety of award types. This makes the comparison of Akamai's current financial results to previous and future periods difficult to interpret; therefore, Akamai believes it is useful to exclude stock-based compensation and amortization of capitalized stock-based compensation from its non-GAAP financial measures in order to highlight the performance of Akamai's core business and to be consistent with the way many investors evaluate its performance and compare its operating results to peer companies. Acquisition-related costs – Acquisition-related costs include transaction fees, advisory fees, due diligence costs and other direct costs associated with strategic activities, as well as certain additional compensation costs payable to employees acquired from the Linode acquisition if employed for a certain period of time. The additional compensation cost was initiated by and determined by the seller, and is in addition to normal levels of compensation, including retention programs, offered by Akamai. Acquisition-related costs are impacted by the timing and size of the acquisitions, and Akamai excludes acquisition-related costs from its non-GAAP financial measures to provide a useful comparison of operating results to prior periods and to peer companies because such amounts vary significantly based on the magnitude of the acquisition transactions and do not reflect Akamai's core operations. Restructuring charge – Akamai has incurred restructuring charges from programs that have significantly changed either the scope of the business undertaken by the Company or the manner in which that business is conducted. These charges include severance and related expenses for workforce reductions, impairments of long-lived assets that will no longer be used in operations (including acquired intangible assets, right-of-use assets, other facility-related property and equipment and internal-use software) and termination fees for any contracts canceled as part of these programs. Akamai excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude of the restructuring action and do not reflect expected future operating expenses. In addition, these charges do not necessarily provide meaningful insight into the fundamentals of current or past operations of its business. Amortization of debt issuance costs and capitalized interest expense – Akamai has convertible senior notes outstanding that mature in 2029, 2027 and 2025. The issuance costs of the convertible senior notes are amortized to interest expense and are excluded from Akamai's non-GAAP results because management believes the non-cash amortization expense is not representative of ongoing operating performance. Gains and losses on investments – Akamai has recorded gains and losses from the disposition, changes to fair value and impairment of certain investments. Akamai believes excluding these amounts from its non-GAAP financial measures is useful to investors as the types of events giving rise to these gains and losses are not representative of Akamai's core business operations and ongoing operating performance. Gains and losses from equity method investment – Akamai records income or losses on its share of earnings and losses from its equity method investment, and any gains from returns of investments or impairments. Akamai excludes such income and losses because it does not have direct control over the operations of the investment and the related income and losses are not representative of its core business operations. Income tax effect of non-GAAP adjustments and certain discrete tax items – The non-GAAP adjustments described above are reported on a pre-tax basis. The income tax effect of non-GAAP adjustments is the difference between GAAP and non-GAAP income tax expense. Non-GAAP income tax expense is computed on non-GAAP pre-tax income (GAAP pre-tax income adjusted for non-GAAP adjustments) and excludes certain discrete tax items (such as the impact of intercompany sales of intellectual property related to acquisitions), if any. Akamai believes that applying the non-GAAP adjustments and their related income tax effect allows Akamai to highlight income attributable to its core operations. SOURCE Akamai Technologies, Inc.
(The Center Square) – The State Board of Education (SBOE) on Friday approved the Texas Education Agency’s (TEA) proposal for Texas’ state-owned textbooks, known as Bluebonnet Learning. It passed by a vote of 8-7. It includes new Mathematics curriculum for K-8 students, new Language Arts material for K-5 students and additional instructional support for teachers. Gov. Greg Abbott lauded the vote, saying, “The passage of Bluebonnet Learning is a critical step forward to bring students back to the basics of education and provide the best education in the nation.” He also notes that the materials are voluntary and free for use. Parents and the public are able to access the materials at tea.texas.gov/bluebonnet . The “transformative educational materials ... will ensure young Texans have access to high-quality, grade-level appropriate curricula that will provide the necessary fundamentals in math, reading, science, and other core subjects and boost student outcomes across Texas,” Abbott said. The new curriculum stems from HB 1605, filed in 2023 by state Rep. Brad Buckley, R-Killeen, which passed the legislature and Abbott signed into law. It requires the TEA to provide Open Education Resources (OER) textbooks for core subjects, including reading and math for Pre-K to 8th grade. It also directed the TEA to appoint an advisory board to ensure the materials are high quality and compliant with state standards. The materials were subject to approval by the SBOE. The curriculum is voluntary, but school districts will receive additional funding if they use them. If they opt-in to use Bluebonnet Learning, a second stream of additional funding will be made available to defray printing costs. Abbott said in May when the materials were made available for public review that they will “provide the necessary fundamentals in math, reading, science, and other core subjects” and “allow our students to better understand the connection of history, art, community, literature, and religion on pivotal events like the signing of the U.S. Constitution, the Civil Rights Movement, and the American Revolution,” The Center Square reported . Of the several issues opponents criticized, chief among them is proposed curriculum in the Language Arts material related to Christianity and the Bible. Sign up to get our free daily email of the biggest stories! The American Federation of Teachers-Texas Chapter also took issue with additional state funding only being made available to school districts that opt-in, arguing the process is unethical and violates educational standards. “Every educator in this state agrees to a Code of Ethics . Among the standards we are expected to uphold by the state of Texas is that we shall not exclude a student from participation in a program, deny benefits to a student, or grant an advantage to a student on the basis of race, color, gender, disability, national origin, religion, family status, or sexual orientation,” AFT-Texas Chapter President Zeph Capo said . “Texas has a way of forcing us to violate this standard, usually about the time that the Legislature ends its session and the governor puts his pen to the signature line of so many counterproductive, detrimental bills. Today, though, it is the State Board of Education that has put us in the position of defying our Code of Ethics once more. “On Nov. 22, in a close vote that crossed party lines and was separated only by a last-minute political appointee, the SBOE voted to approve Bluebonnet Learning materials as curriculum resources for Texas public school districts.” Capo also said the materials “are not just inappropriate – they’re bad at what they proclaim to do. Instructional experts have expressed deep concerns about the age-appropriateness of the materials and whether they will be effective reading instruction.” The vote was held after significant public input. On Monday, more than 150 people signed up to testify before the board about the curriculum. On Tuesday, board members took a preliminary vote, 8-7, indicating it had enough votes to adopt the curriculum. This is after thousands weighed in after the material was made public in May. “A highly transparent, three-month public feedback period began in May 2024, giving the public an opportunity to review and offer comments on the proposed materials. The SBOE also welcomed several hours of public testimony at its September meeting where additional feedback on the product was received. TEA used these comments and feedback to further refine, edit and ready the product for final submission as part of the SBOE’s Instructional Materials Review and Approval (IMRA) process - ensuring the materials are aligned with state standards and values,” the TEA explains. “The branding of Bluebonnet Learning began with feedback from teachers and parents seeking a clear, distinctive name to make the materials easier to recognize for educators and school systems. Bluebonnet Learning materials are Texas Open Education Resources (OER), meaning they are owned by the state, made available free to anyone, and can be modified over time to make them better for students and teachers.”WASHINGTON (Reuters) - U.S. President-elect Donald Trump said the extension of the debt ceiling will "go down as one of the dumbest political decisions made in years," referring to a 2023 budget deal struck by then-House Speaker Kevin McCarthy and President Joe Biden. Under that deal, Congress suspended the debt ceiling until Jan. 1, 2025. The U.S. Treasury will be able to pay its bills for several more months, but Congress will have to address the issue at some point next year. In a post on Truth Social, Trump said, "The extension of the Debt Ceiling by a previous Speaker of the House, a good man and a friend of mine ... will go down as one of the dumbest political decisions made in years." He added, "The Democrats must be forced to take a vote on this treacherous issue NOW, during the Biden Administration, and not in June. They should be blamed for this potential disaster, not the Republicans!" (Reporting by Jasper Ward; Editing by Don Durfee)
Iowa turns to former walk-on QB to start against Maryland
Jonah Goldberg Among elites across the ideological spectrum, there's one point of unifying agreement: Americans are bitterly divided. What if that's wrong? What if elites are the ones who are bitterly divided while most Americans are fairly unified? History rarely lines up perfectly with the calendar (the "sixties" didn't really start until the decade was almost over). But politically, the 21st century neatly began in 2000, when the election ended in a tie and the color coding of electoral maps became enshrined as a kind of permanent tribal color war of "red vs. blue." Elite understanding of politics has been stuck in this framework ever since. Politicians and voters have leaned into this alleged political reality, making it seem all the more real in the process. I loathe the phrase "perception is reality," but in politics it has the reifying power of self-fulfilling prophecy. People are also reading... Like rival noble families in medieval Europe, elites have been vying for power and dominance on the arrogant assumption that their subjects share their concern for who rules rather than what the rulers can deliver. Gobble up these 14 political cartoons about Thanksgiving In 2018, the group More in Common published a massive report on the "hidden tribes" of American politics. The wealthiest and whitest groups were "devoted conservatives" (6%) and "progressive activists" (8%). These tribes dominate the media, the parties and higher education, and they dictate the competing narratives of red vs. blue, particularly on cable news and social media. Meanwhile, the overwhelming majority of Americans resided in, or were adjacent to, the "exhausted majority." These people, however, "have no narrative," as David Brooks wrote at the time. "They have no coherent philosophic worldview to organize their thinking and compel action." Lacking a narrative might seem like a very postmodern problem, but in a postmodern elite culture, postmodern problems are real problems. Listen now and subscribe: Apple Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts It's worth noting that red vs. blue America didn't emerge ex nihilo. The 1990s were a time when the economy and government seemed to be working, at home and abroad. As a result, elites leaned into the narcissism of small differences to gain political and cultural advantage. They remain obsessed with competing, often apocalyptic, narratives. That leaves out most Americans. The gladiatorial combatants of cable news, editorial pages and academia, and their superfan spectators, can afford these fights. Members of the exhausted majority are more interested in mere competence. I think that's the hidden unity elites are missing. This is why we keep throwing incumbent parties out of power: They get elected promising competence but get derailed -- or seduced -- by fan service to, or trolling of, the elites who dominate the national conversation. There's a difference between competence and expertise. One of the most profound political changes in recent years has been the separation of notions of credentialed expertise from real-world competence. This isn't a new theme in American life, but the pandemic and the lurch toward identity politics amplified distrust of experts in unprecedented ways. This is a particular problem for the left because it is far more invested in credentialism than the right. Indeed, some progressives are suddenly realizing they invested too much in the authority of experts and too little in the ability of experts to provide what people want from government, such as affordable housing, decent education and low crime. The New York Times' Ezra Klein says he's tired of defending the authority of government institutions. Rather, "I want them to work." One of the reasons progressives find Trump so offensive is his absolute inability to speak the language of expertise -- which is full of coded elite shibboleths. But Trump veritably shouts the language of competence. I don't mean he is actually competent at governing. But he is effectively blunt about calling leaders, experts and elites -- of both parties -- stupid, ineffective, weak and incompetent. He lost in 2020 because voters didn't believe he was actually good at governing. He won in 2024 because the exhausted majority concluded the Biden administration was bad at it. Nostalgia for the low-inflation pre-pandemic economy was enough to convince voters that Trumpian drama is the tolerable price to pay for a good economy. About 3 out of 4 Americans who experienced "severe hardship" because of inflation voted for Trump. The genius of Trump's most effective ad -- "Kamala is for they/them, President Trump is for you" -- was that it was simultaneously culture-war red meat and an argument that Harris was more concerned about boutique elite concerns than everyday ones. If Trump can actually deliver competent government, he could make the Republican Party the majority party for a generation. For myriad reasons, that's an if so big it's visible from space. But the opportunity is there -- and has been there all along. Catch the latest in Opinion
Paris, (APP - UrduPoint / Pakistan Point News - 9th Dec, 2024) Newly restored Notre Dame held its first mass on , with celebrating the return of the French capital's most famous place of worship after a historic re-opening ceremony. The beloved monument nearly burned down in , but has been fully renovated inside and fitted with a new roof and spire during a frenzied five-year overhaul. The inaugural mass on morning was led by archbishop Laurent Ulrich with 150 bishops and more than 100 priests the capital in attendance, as well as French President Emmanuel Macron. The archbishop consecrated the new 800-kilogram altar which replaced the old one that was lost in the five years ago. "Whether you are here in person in the or in front of a screen, including perhaps under the rain, I greet you with intense emotion," Ulrich told the congregation, referring to the small rain-drenched crowds outside watching events on public screens. "This morning, the pain of 15 has been erased," he added, referring to the of the inferno, the cause of which remains unknown. In the evening, around 2,500 people attended a second service and the first mass open to the public, with free tickets made available online last week. "It's incredible to see Notre Dame transformed," Cyriac de Belsunce, a 21-year-old scout , told AFP. "It's changed, it's more radiant. There's a lot more light." The will open fully to visitors on 16 via an online reservation system. - 'For Jesus' - During a re-opening service on Saturday attended by leaders including US President-elect , Macron expressed the "gratitude of the French nation" for the restoration work since . "We have rediscovered what great nations can do -- achieve the impossible," he said. Macron is under intense political pressure, having called snap elections in that led to a hung , with the main parties now struggling to form a stable . In a nod to the political turmoil, archbishop Ulrich said that he "prayed also for our country that is looking to the future with worry". Macron did not take communion on out of respect for 's secular rules which separate state and , although his presence in the and his speech there on Saturday were widely commented on. Groups of worshippers huddled under umbrellas on beyond a strict security perimeter set up outside Notre Dame. Monique Kashale, a 75-year-old the Democratic Republic of , said she was "very cold but for Jesus Christ I can put up with it, for the Virgin it is bearable". - in - Saturday's re-opening service began with the archbishop Ulrich, dressed in brightly coloured new vestments designed by fashion designer Jean-Charles de Castelbajac, knocking on the doors of the three times. was placed on the front row as guest of honour next to Macron, with invitees marvelling at the freshly cleaned walls, new furniture and state-of-the-art lighting installed as part of the refit. The reconstruction effort around 700 ($750 ), financed donations, with the five-year re-opening deadline met despite predictions it could take decades. Part of the 's roofing base still needs to be finished and the statues of the apostles and saints, removed before the to allow for their restoration, will only be reinstalled in the first half of 2025. The exact cause of the blaze has never been identified despite a forensic investigation by prosecutors. They believe an such as an electrical fault was the most likely reason. Notre Dame welcomed around 12 visitors a year before the , but expects to receive an even higher figure of "14 to 15 " after the reopening, according to the authorities. burs-adp/jjCrisis in South Korea: Defiance in Parliament Grounds Martial Law
Illumina Inc. stock underperforms Thursday when compared to competitors
- Previous: blackjack odds
- Next: blackjack payout