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THERE are plans to open 30 new ecozones in 2025, mostly in the Cavite, Laguna, Batangas, Rizal and Quezon (Calabarzon) region, as well as in the Visayas and Mindanao, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga said. "We had a lengthy discussion with Department of Trade and Industry (DTI) Secretary Cristina Roque regarding ecozone development, and we are very supportive [of] how we can integrate more small [and] medium enterprises into them while creating more sites in the countryside," Panga said in a statement. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.
Broncos, left tackle Garett Bolles agree on 4-year extension to protect rookie quarterback Bo Nix DENVER (AP) — The Denver Broncos signed left tackle Garett Bolles to a four-year extension on Thursday, locking up a big piece to protect rookie quarterback Bo Nix. Canadian Press Dec 12, 2024 2:54 PM Dec 12, 2024 3:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Denver Broncos place-kicker Wil Lutz (3) is congratulated by offensive tackle Garett Bolles after a field goal during the second half of an NFL football game against the Cleveland Browns, Monday, Dec. 2, 2024, in Denver. (AP Photo/Jack Dempsey) DENVER (AP) — The Denver Broncos signed left tackle Garett Bolles to a four-year extension on Thursday, locking up a big piece to protect rookie quarterback Bo Nix. Bolles has spent his entire career with the organization after being drafted out of Utah with the 20th overall pick in 2017. He has a chance this season to help the Broncos into the postseason for the first time since they won Super Bowl 50 after the 2015 season. The Broncos (8-5) are currently in the seventh and final playoff spot in the AFC. They can put some distance between them and Indianapolis on Sunday (6-7) with a win over the Colts. After an up-and-down start in Denver, Bolles has developed into a dependable pass protector. He's allowed one sack and 24 quarterback pressures over 13 starts this season. What's more, his 4.9 percent quarterback pressure rate is the second-lowest mark among tackles with at least 200 pass blocking snaps this season, according to NextGen Stats. With time to scan the field, Nix leads all rookies in completions (277), yards passing (2,842), offensive touchdowns (22) and passing touchdowns (17). Bolles earned second-team Associated Press All-Pro honors after the 2020 season. On social media , Bolles posted: “Broncos Country, It’s been a great 8 years! Thanks for everything! And ... I’m not leaving. The show goes on!” Since 2017, Bolles has allowed the sixth-fewest sacks (36) among tackles with at least 3,100 snaps. The extension of Bolles means the Broncos have all five starting offensive linemen on board through next season. Guard Quinn Meinerz agreed to four-year contract extension in July. The Broncos also signed cornerback Patrick Surtain II to a four-year contract extension in September worth $96 million, including $77.5 million in guarantees. Linebacker Jonathon Cooper agreed to a four-year, $60 million extension in November. ___ AP NFL: https://apnews.com/hub/nfl The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Rested Ravens are a big favorite over struggling Giants, who are mired in an 8-game losing streak Dec 12, 2024 5:03 PM Lions and Bills meet in matchup of odds-on Super Bowl favorite and a top contender Dec 12, 2024 5:00 PM Lions aim to extend franchise-record winning streak to 12 against AFC East champion Bills Dec 12, 2024 5:00 PM
NEW YORK (AP) — U.S. stock indexes fell Thursday following some potentially on . The S&P 500 slipped 0.5% for its fourth loss in the last six days. It’s a pause for the index, which has been rallying toward one of its . The Dow Jones Industrial Average lost 234 points, or 0.5%, and the Nasdaq composite sank 0.7% from its record set the day before. A report early in the morning said more U.S. workers applied for unemployment benefits last week than expected. A separate update, meanwhile, showed that inflation at the wholesale level, before it reaches U.S. consumers, was hotter last month than economists expected. Neither report points to imminent disaster, but they dilute one of the hopes that’s driven the S&P 500 to : Inflation is slowing enough to convince the Federal Reserve to keep cutting interest rates, while the economy is remaining solid enough to stay out of a recession. Of the two reports, the weaker update on the job market may be the bigger deal for the market, according to Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. A surge in egg prices may have been behind the worse-than-expected inflation numbers. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. Traders are widely expecting the Fed will ease its main interest rate at its meeting next week. If they’re correct, it would be a third straight cut by the Fed after it from a two-decade high. It’s hoping to support a after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. A cut next week would have the Fed following other central banks, which lowered rates on Thursday. The by a quarter of a percentage point, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, Switzerland’s central bank pointed to uncertainty about how U.S. President-elect Donald Trump’s victory will affect economic policies, as well as about where politics in Europe is heading. Trump has talked up that could upend global trade. He rang the at the On Wall Street, Adobe fell 13.7% and was one of the heaviest weights on the market despite reporting stronger profit for the latest quarter than analysts expected. The company gave forecasts for profit and revenue in its upcoming fiscal year that fell a bit shy of analysts’. Warner Bros. Discovery soared 15.4% after unveiling a new corporate structure that separates its streaming business and film studios from its traditional television business. CEO David Zaslav said the move “enhances our flexibility with potential future strategic opportunities,” raising speculation about a spinoff or sale. Kroger rose 3.2% after saying it would get back to buying back its own stock now that its . Kroger’s board approved a program to repurchase up to $7.5 billion of its stock, replacing an existing $1 billion authorization. All told, the S&P 500 fell 32.94 points to 6,051.25. The Dow Jones Industrial Average dropped 234.55 to 43,914.12, and the Nasdaq composite sank 132.05 to 19,902.84. In stock markets abroad, European indexes held relatively steady following the European Central Bank’s cut to rates. Asian markets were stronger. Indexes rose 1.2% in Hong Kong and 0.8% in Shanghai as in Beijing to set economic plans and targets for the coming year. South Korea’s Kospi rose 1.6% for its third straight gain of at least 1%, as it pulls back following where its president briefly declared martial law. In the bond market, the 10-year U.S. Treasury yield rose to 4.33% from 4.27% late Wednesday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.The software company behind Starbucks' payment and scheduling system has been experiencing a dayslong ransomware attack, causing outages that are disrupting employee pay. The attack on Blue Yonder, the company that makes the software, began on November 21 and has caused outages in Starbucks's system for tracking employee hours and payments. According to documents reviewed by Business Insider, Starbucks has issued guidance to its employees about how to handle pay disruptions caused by the Blue Yonder outage. Starbucks told its employees that payment for the period ending on November 17 would be unaffected, but there may be discrepancies in the following pay period. "We will ensure partners who receive less than their worked hours or intended sick and/or vacation time will be paid correctly, as soon as possible," the internal documents read. The outage has forced employees to track their shifts using pens and paper, according to Bloomberg. The documents viewed by BI indicate that employees who are missing pay from their checks should notify their store managers as soon as possible. Any underpayment will be resolved in the next pay period. Any payment overages resulting from an employee being paid for a scheduled shift from November 18 through November 24 that they did not report to work for will not be required to be paid back, the documents say. A Starbucks partner in the South said their manager told them on Monday that employees who had paid time off planned for the affected weeks won't be paid for that time until the outage has been fixed. That's "potentially very bad for some partners taking vacation around the holidays," the partner told Business Insider. A spokesperson for Starbucks told Business Insider that the company is working to ensure its partners are paid for their hours worked with limited disruption, and indicated the outage has not disrupted customer-facing technology or service in any of its locations. Blue Yonder's software is also used by major grocery store chains and Fortune 500 firms, reported. Similar cyber attacks have previously left companies like and across America using pen and paper for administrative tasks and sales transactions. "Blue Yonder experienced disruptions to its managed services hosted environment, which was determined to be the result of a ransomware incident," a spokesperson for the company told Business Insider in a statement. "Since learning of the incident, the Blue Yonder team has been working diligently together with external cybersecurity firms to make progress in their recovery process. We have implemented several defensive and forensic protocols." The software company does not currently have a timeline for resolution of the issue, according to a the company has published for customers impacted by the attack. Read the original article on
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