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ST. SIMONS ISLAND, Ga. — PGA Tour rookie Patrick Fishburn played bogey-free for an 8-under 64 for his first lead after any round. Joel Dahmen was 10 shots behind and had a bigger cause for celebration Friday in the RSM Classic. Dahmen made a 5-foot par putt on his final hole for a 2-under 68 in tough conditions brought on by the wind and cold, allowing him to make the cut on the number and get two more days to secure his PGA Tour card for next year. He is No. 124 in the FedEx Cup. "I still got more to write this weekend for sure," said Dahmen, who recently had said his story is not yet over. "But without having the opportunity to play this weekend, my story would be a lot shorter this year." Fishburn took advantage of being on the easier Plantation course, with trees blocking the brunt of the wind and two additional par 5s. He also was helped by Maverick McNealy, who opened with a 62 on the tougher Seaside course, making two bogeys late in his round and having to settle for a 70. People are also reading... Fishburn, who already has locked up his card for next year, was at 11-under 131 and led McNealy and Lee Hodges (63) going into the weekend. Michael Thorbjornsen had a 69 and was the only player who had to face Seaside on Friday who was among the top five. What mattered on this day, however, was far down the leaderboard. The RSM Classic is the final tournament of the PGA Tour season, and only the top 125 in the FedEx Cup have full status in 2025. That's more critical than ever with the tour only taking the top 100 for full cards after next season. Players like Dahmen will need full status to get as many playing opportunities as they can. That explains why he felt so much pressure on a Friday. He didn't make a bogey after his opening hole and was battling temperatures in the low 50s that felt even colder with the wind ripping off the Atlantic waters of St. Simons Sound. He made a key birdie on the 14th, hitting a 4-iron for his second shot on the 424-yard hole. Dahmen also hit wedge to 2 feet on the 16th that put him on the cut line, and from the 18th fairway, he was safely on the green some 40 feet away. But he lagged woefully short, leaving himself a testy 5-footer with his job on the line. "It was a great putt. I was very nervous," Dahmen said. "But there's still work to do. It wasn't the game-winner, it was like the half-court shot to get us to halftime. But without that, and the way I played today, I wouldn't have anything this weekend." His playing partners weren't so fortunate. The tour put three in danger of losing their cards in the same group — Zac Blair (No. 123), Dahmen and Wesley Bryan (No. 125). The cut was at 1-under 141. Blair and Bryan came to the 18th hole needing birdie to be assured of making the cut and both narrowly missed. Now they have to wait to see if anyone passes them, which is typically the case. Thorbjornsen in a tie for fourth and Daniel Berger (66 at Plantation) in a tie for 17th both were projected to move into the top 125. Dahmen, indeed, still has work to do. Fishburn gets a weekend to see if he can end his rookie year with a win. "I've had a lot of experience playing in cold growing up in Utah, playing this time of year, kind of get used to playing when the body's not moving very well and you've got to move your hands," said Fishburn, who played college golf at BYU. "Just pretty happy with how I played." Ludvig Aberg, the defending champion and No. 5 player in the world competing for the first time in more than two months because of knee surgery, bounced back with a 64 on Plantation and was back in the mix. Aberg played with Luke Clanton, the Florida State sophomore who looks like he belongs each week. Clanton, the No. 1 player in the world amateur ranking who received a sponsor exemption, had a 65 at Plantation and was two shots off the lead. Clanton already has a runner-up and two other top 10s since June. "Playing with him, it's pretty awesome to watch," Clanton said. "We were kind of fanboying a little it. I know he's a really good dude but to be playing with him and to see what he's done over the last couple years, it's pretty inspirational." Be the first to know Get local news delivered to your inbox!
Kawhi Leonard is close to returning for the Los Angeles Clippers. Zion Williamson and Brandon Ingram are further away from returning to the New Orleans Pelicans. Both teams will continue without key players when they meet Monday night in New Orleans. Leonard hasn't played this season because of knee inflammation, but he returned to practice more than a week ago and reportedly could play as soon as Jan. 4, though he won't be on the Clippers' three-game trip that begins in New Orleans. The Clippers also played without Terance Mann (finger), Kevin Porter Jr. (illness) and Kobe Brown (back) in their most recent game, a 102-92 home victory against Golden State on Friday. In the absence of the six-time All-Star, Los Angeles has compiled the fifth-best record in the Western Conference (tied with the crosstown Lakers). Head coach Tyronn Lue said believing that they can win without Leonard has been "half the battle." "When you step on the floor, no matter who's on the court, having that mindset that we can win games has been our model for the last five years or so," Lue said. "We talked about just holding it down until Kawhi was able to get back, and our group has been doing a good job of that." The Clippers had six double-figure scorers against Golden State, led by 26 points from Norman Powell, who has emerged as the team's leading scorer (24.2) in Leonard's absence. Center Ivica Zubac had his seventh straight double-double (17 points, 11 rebounds). They built a 21-point lead, watched the short-handed Warriors get within three with 2:30 left, then held on. Los Angeles committed 12 of its 23 turnovers in the fourth quarter. "It was a big win for us however you look at it," Lue said. "In three days, though, I won't remember how we won. I'll just know that it was a W." The Pelicans would be happy with any kind of win after losing their last nine games and 18 of their last 19. And no return date has been set for either of the team's top two players. Williamson has missed 26 games and Ingram has missed 14. New Orleans has not led in either of its last two games -- home losses against Memphis (132-124) on Friday and Houston (128-111) the night before. "(We have to) try to execute from the beginning, play hard from the beginning so we aren't always playing out of a hole," said forward Trey Murphy III, who led the Pelicans with a season-high 35 points against the Grizzlies. Murphy is averaging a career-best 20.2 points per game and he has averaged 26.2 in the last five games. He is New Orleans' most prolific 3-point shooter, but in the absence of Williamson and Ingram he has had to expand his scoring repertoire. "(Against Memphis) he played the right way the whole game," coach Willie Green said of Murphy. "When the ball came to him, he made good plays. He was solid, he shot the cover off the ball. He got to the basket, he got to the free-throw line. This is a great opportunity for Trey, and he took complete advantage of it." --Field Level Media
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SYDNEY , Dec. 6, 2024 /PRNewswire/ -- DDPAI, a global leader in dashcam innovation, is proud to announce its partnership with Battery World, Australia's largest battery retail chain with over 110 stores nationwide. This collaboration marks a pivotal step in DDPAI's mission to provide Australian drivers with smarter, safer, and more reliable dashcam technology. DDPAI dash cams are now available for purchase at Battery World stores in Australia. "We're thrilled to partner with Battery World to bring our innovative technology to Australian drivers," said Leo Luo , CEO of DDPAI. "Battery World's extensive store network, trusted reputation, and focus on customer service make them the perfect partner for our expansion in this key market." This partnership not only expands DDPAI's footprint in Australia but also underscores its commitment to delivering smarter driving solutions tailored to local needs. With Battery World's nationwide presence, Australian drivers can now easily access DDPAI's advanced dashcams, whether for enhancing everyday commutes or securing long road trips. As part of its global strategy, DDPAI continues to innovate, ensuring its products stay at the forefront of vehicle safety technology. Australian drivers are encouraged to visit their nearest Battery World store to explore the full range of DDPAI products , receive expert guidance, and upgrade their vehicle security.
Kendrick Lamar addresses Lil Wayne Super Bowl beef on surprise new album GNX
Los Angeles Times owner Patrick Soon-Shiong, who blocked the newspaper’s endorsement of Kamala Harris and plans to overhaul its editorial board, says he will implement an artificial intelligence-powered “bias meter” on the paper’s news articles to provide readers with “both sides” of a story. Soon-Shiong, the biotech billionaire who acquired the Times in 2018, told CNN political commentator Scott Jennings — who will join the Times’ editorial board — that he’s been “quietly building” an AI meter “behind the scenes.” The meter, slated to be released in January, is powered by the same augmented intelligence technology that he’s been building since 2010 for health care purposes, Soon-Shiong said. “Somebody could understand as they read it that the source of the article has some level of bias,” he said on Jennings’ “ Flyover Country ,” podcast. “And what we need to do is not have what we call confirmation bias and then that story automatically, the reader can press a button and get both sides of that exact same story based on that story and then give comments.” Soon-Shiong said major publishers have so far failed to adequately separate news and opinion, which he suggested “could be the downfall of what now people call mainstream media.” The comments prompted a rebuke from the union representing hundreds of the Times’ newsroom staffers, which said Soon-Shiong had “publicly suggested his staff harbors bias, without offering evidence or examples.” “Our members — and all Times staffers — abide by a strict set of ethics guidelines , which call for fairness, precision, transparency, vigilance against bias, and an earnest search to understand all sides of an issue,” the Los Angeles Times Guild said in a statement Thursday. “Those longstanding principles will continue guiding our work.” The contentious moves from the paper’s owner also led to the resignation of Harry Litman, a senior legal affairs columnist for the Times’ Opinion page. “My resignation is a protest and visceral reaction against the conduct of the paper’s owner, Dr. Patrick Soon-Shiong. Soon-Shiong has made several moves to force the paper, over the forceful objections of his staff, into a posture more sympathetic to Donald Trump,” Litman wrote Thursday. “Given the existential stakes for our democracy that I believe Trump’s second term poses, and the evidence that Soon-Shiong is currying favor with the President-elect, they are repugnant and dangerous.” Litman’s resignation comes days after Kerry Cavanaugh, the Times’ assistant editorial page editor, also announced her exit, Status first reported . In addition to his sweeping changes to the editorial board, a person familiar with the matter said Soon-Shiong has begun reviewing the headlines of all opinion pieces before publication. A spokesperson for the Times did not respond to CNN’s request for comment. The moves come as Soon-Shiong looks to restructure the newspaper’s editorial board, telling CNN last month that he plans to balance the paper’s opinion section with more conservative and centrist voices in the wake of President-elect Donald Trump’s victory. “If we were honest with ourselves, our current board of opinion writers veered very left, which is fine, but I think in order to have balance, you also need to have somebody who would trend right, and more importantly, somebody that would trend in the middle,” Soon-Shiong told CNN in November. The restructuring follows Soon-Shiong’s divisive decision to block a drafted endorsement of Vice President Harris two weeks before Election Day, which resulted in the resignation of several members of the paper’s editorial board, staff protests, and thousands of readers canceling their subscriptions. Just three of the editorial board’s eight members now remain, according to the Times website. On Wednesday, Soon-Shiong told Jennings that when the editorial board shared it had “pre-packaged” a presidential endorsement “without having met with any of the candidates,” he was “outraged.” “I did not want our paper to be part of that method of providing information or misinformation or disinformation,” he said. “Everybody has a right to an opinion, that’s fair,” Soon-Shiong said, underscoring that the paper needs to “actually create some level of balance when it comes to opinion and columnist, and then we need to actually let the reader know this is opinion.” In his resignation Thursday, Litman called the owner’s decision to spike the presidential endorsement a “deep insult to the paper’s readership.” “Trump has made it clear that he will make trouble for media outlets that cross him,” Litman wrote. “Rather than reacting with indignation at this challenge to his paper’s critical function in a democracy, Soon-Shiong threw the paper to the wolves. That was cowardly.”
Article content One of the three former executives with a Montreal company who were on trial in a case in which they were accused of paying bribes to secure contracts in the Philippines was found guilty by a jury on Thursday. The jury that heard the trial of Robert Andrew Walsh, 82, Philip Timothy Heaney, 65, both of Montreal, and René Bélanger, 62, of St-Lambert, emerged from their deliberation at the Montreal courthouse and only found Heaney guilty of the three charges he faced. Walsh, a McGill University engineering graduate who created the groundbreaking ballistics technology behind the company, and Bélanger were both acquitted of all the charges they faced. All three of the accused were senior officers with a company that was first called Forensics Technology Inc. and later called Ultra Electronics Forensic Technology Inc. (UEFTI). They each faced two counts under Canada’s Corruption of Foreign Public Officials Act. They were alleged to have offered or given benefits between 2013 and 2018 to public officials in the Philippines or to other individuals who could influence public officials who made decisions on contracts. They were also charged with fraud under the Criminal Code. When the trial began in late October, prosecutor Marie-Eve Moore told the jury the Crown’s theory was that the accused allegedly paid bribes to secure contracts and then later added the cost of the bribes when they billed their clients. The investigation was done by the RCMP and, in 2023, Michael McLean, 58, of Beaconsfield, another former UEFTI executive charged in the case, pleaded guilty to a section of Canada’s Corruption of Foreign Public Officials Act. He received a 12-month sentence that he could serve in the community. Heaney’s case will enter the sentencing stage at a later date. pcherry@postmedia.com
NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global electric vehicle supply equipment (EVSE) market size is estimated to grow by USD 92.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.8% during the forecast period. Favorable government policies and subsidies is driving market growth, with a trend towards deployment of smart grids for EVS. However, lack of standardization of ev charging poses a challenge. Key market players include ABB Ltd., Alfen NV, Blink Charging Co., BP Plc, ChargePoint Holdings Inc., Chroma ATE Inc., Comeca Group, Delta Electronics Inc., Eaton Corp. Plc, Efacec Power Solutions SGPS SA, Enphase Energy Inc., E.ON SE, Leviton Manufacturing Co. Inc., LS Power Development LLC, Phihong USA Corp., Schneider Electric SE, Shell plc, Siemens AG, Webasto SE, and ZF Friedrichshafen AG. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Electric Vehicle Supply Equipment (Evse) Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 30.8% Market growth 2024-2028 USD 92309 million Market structure Fragmented YoY growth 2022-2023 (%) 29.01 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 46% Key countries China, US, France, Germany, and The Netherlands Key companies profiled ABB Ltd., Alfen NV, Blink Charging Co., BP Plc, ChargePoint Holdings Inc., Chroma ATE Inc., Comeca Group, Delta Electronics Inc., Eaton Corp. Plc, Efacec Power Solutions SGPS SA, Enphase Energy Inc., E.ON SE, Leviton Manufacturing Co. Inc., LS Power Development LLC, Phihong USA Corp., Schneider Electric SE, Shell plc, Siemens AG, Webasto SE, and ZF Friedrichshafen AG Market Driver The Electric Vehicle Supply Equipment (EVSE) market is experiencing significant growth as the shift towards electric vehicles (EVs) continues. Charging stations and docks are essential for EVs, requiring electrical conductors and related equipment to transfer electric power to the vehicle's batteries. EVSE systems adhere to various communications protocols, such as DC Fast Chargers, and are used by major stakeholders like auto manufacturers, electric utilities, commercial fleets, public transit, retail establishments, seaports, airports, bus depots, hotels, parks, highways, corporate offices, homes, and more. NEMA Members are involved in the development of codes, rating systems, and standards for EVSE infrastructure. Contractors and installers require training programs to ensure proper installation. Incentives like tax benefits and subsidies encourage EV adoption. IEA reports show electric car sales increasing, with passenger car sales from automobile manufacturers being impacted by the shutdown of operations due to liquidity issues and carbon emission concerns. Smart cities aim to reduce reliance on non-renewable sources like crude oil and CO2 emission, leading to the growth of the EVSE market. Charging station finance, types like normal charging, supercharging, and inductive charging, and installation types like fixed chargers and portable chargers, are key areas of focus. The novel coronavirus pandemic has affected import-export and the workforce, leading to a supply-demand gap. Future estimations indicate investment pockets in EVSE market, especially in charging infrastructure development. The Electric Vehicle Supply Equipment (EVSE) market is witnessing significant growth due to the increasing adoption of electric vehicles (EVs) and the deployment of advanced charging infrastructure, specifically smart grids. Smart grids enable real-time communication between EV charging stations and the power grid, providing crucial information on load requirements and power quality. This data supports the integration of variable generation technologies and serves as a foundation for Vehicle-to-Grid (V2G) infrastructure, which includes grid applications like smart energy meters, SCADA systems, IT, and communication networks. The implementation of smart grids is expanding rapidly in countries such as China , the US, India , Spain , Germany , and France . For instance, in August 2021 , Singapore Power initiated a V2G pilot project to explore the potential of EVs as small energy storage systems, addressing renewable energy's intermittency. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Electric Vehicle Supply Equipment (EVSE) market is witnessing significant growth due to the increasing adoption of electric vehicles (EVs). Challenges in this market include the need for advanced charging stations and docks, reliable electrical conductors, and related equipment. Communication protocols, such as DC Fast Charger and NEMA Members, are essential for seamless integration with EVSE infrastructure. Major stakeholders include auto manufacturers, electric utilities, and charging station installers. Training programs for contractors and installers are crucial to ensure proper installation and maintenance of EVSE systems. Codes, rating systems, and standards play a vital role in ensuring safety and interoperability. Major players in the market include Andrei Moldoveanu and Resources. Commercial fleets, public transit, retail establishments, seaports, airports, bus depots, hotels, parks, highways, corporate offices, and homes are potential customers for EVSE. Batteries, incentives, tax benefits, and subsidies are key factors driving EV sales. The IEA estimates electric car sales to surpass passenger car sales by 2035. However, challenges include the shutdown of operations due to the novel coronavirus, supply-demand gap, and the shift from non-renewable sources like crude oil and fossil fuel. Charging station finance, charging station type (normal charging, supercharging, and inductive charging), installation type (fixed charger and portable charger), and the impact of import-export, workforce, factories, testing of systems, and the supply-demand gap are other critical factors. The future of the EVSE market lies in investment pockets, smart cities, and the transition away from carbon emission, ICE vehicles, and road tax, purchase tax, and registration fees. The Electric Vehicle Supply Equipment (EVSE) market faces a significant challenge due to the lack of standardization in EV charging infrastructure. Vendors are actively expanding charging networks, but the absence of universal EV charger and installation standards in public places is a concern. Each region or market has distinct charging standards, such as CHAdeMO in Japan , CCS in Europe , the US, and South Korea , and GB/T 20234 in China , which is similar to the IEC 62196 standard in Germany . Standardization is crucial to streamline the EV charging experience and ensure compatibility among various EV models and charging networks. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This electric vehicle supply equipment (evse) market report extensively covers market segmentation by Type 1.1 Level 2 1.2 Level 1 1.3 Level 3 Application 2.1 Residential 2.2 Commercial Geography 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Level 2- Level 2 charging refers to the electric vehicle supply equipment that delivers power at a higher voltage (240 volts, AC) and amperage than a standard household power outlet. This infrastructure caters to both residential and commercial applications, providing a convenient and reliable charging solution for electric vehicle owners. Level 2 charging stations are commonly found in parking garages, workplaces, public locations like shopping centers, universities, and hotels. These charging stations offer faster and more efficient charging, enabling EV owners to charge their vehicles while they park, work, or engage in daily activities. Companies and parking garage operators recognize the growing demand for EV charging and are installing level 2 charging stations to accommodate their customers and employees. Homeowners can also install level 2 charging stations in their garages or driveways for a convenient and fast charging solution. The increasing popularity of level 2 charging infrastructure is expected to fuel the growth of the level 2 segment in the global electric vehicle supply equipment market. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Electric Vehicle Supply Equipment (EVSE) market refers to the infrastructure required to charge electric vehicles (EVs), including charging stations, charging docks, and related equipment. These systems facilitate the transfer of electric power from the grid to the vehicle's batteries. EVSE systems consist of electrical conductors and other necessary components. EVSE is essential for various sectors such as Bus depots, Hotels, Parks, Highways, Corporate offices, Homes, and more. Batteries are an integral part of the EV ecosystem, and EVSE plays a crucial role in their charging. Governments and organizations offer incentives like tax benefits to promote the adoption of EVs and EVSE. EVSE includes different charging technologies like Supercharging, Inductive charging, Fixed chargers, and Portable chargers. The EVSE market has been impacted by the Novel Coronavirus pandemic, with import-export and non-essential items facing disruptions. The workforce involved in EVSE manufacturing and installation has also been affected. Market Research Overview The Electric Vehicle Supply Equipment (EVSE) market refers to the infrastructure required to charge electric vehicles (EVs), including charging stations, charging docks, and related equipment. EVSE systems utilize electrical conductors and communications protocols to transfer electric power from the grid to the vehicle's batteries. DC Fast Chargers are a popular type of EVSE, providing quick charging solutions for long-distance travel. NEMA Members and major stakeholders, such as auto manufacturers, electric utilities, commercial fleets, public transit, retail establishments, seaports, airports, bus depots, hotels, parks, highways, corporate offices, homes, and batteries, are major players in the EVSE infrastructure development. Incentives like tax benefits, subsidies, and codes and rating systems are crucial for the growth of the EVSE market. EVSE standards and training programs for contractors and installers ensure safe and efficient installation and maintenance. Major challenges include the supply-demand gap, liquidity issues, and the shift from ICE vehicles to EVs. The COVID-19 pandemic has impacted the EVSE market, affecting import-export and non-essential items. The future of the EVSE market depends on the continued growth of electric car sales, the transition away from non-renewable sources like crude oil, and the development of smart cities. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Level 2 Level 1 Level 3 Application Residential Commercial Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/electric-vehicle-supply-equipment-evse-market-to-grow-by-usd-92-31-billion-from-2024-2028--driven-by-favorable-government-policies-and-ai-powered-market-evolution---technavio-302322433.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Jimmy Carter, the 39th U.S. president who led the nation from 1977 to 1981, has died at the age of 100. The Carter Center announced Sunday that his father died at his home in Plains, Georgia, surrounded by family. His death comes about a year after his wife of 77 years, Rosalynn, passed away. Despite receiving hospice care at the time, he attended the memorials for Rosalynn while sitting in a wheelchair, covered by a blanket. He was also wheeled outside on Oct. 1 to watch a military flyover in celebration of his 100th birthday. The Carter Center said in February 2023 that the former president and his family decided he would no longer seek medical treatment following several short hospital stays for an undisclosed illness. Carter became the longest-living president in 2019, surpassing George H.W. Bush, who died at age 94 in 2018. Carter also had a long post-presidency, living 43 years following his White House departure. RELATED STORY: Jimmy and Rosalynn Carter: A love story for the ages Before becoming president Carter began his adult life in the military, getting a degree at the U.S. Naval Academy, and rose to the rank of lieutenant. He then studied reactor technology and nuclear physics at Union College and served as senior officer of the pre-commissioning crew on a nuclear submarine. Following the death of his father, Carter returned to Georgia to tend to his family's farm and related businesses. During this time, he became a community leader by serving on local boards. He used this experience to elevate him to his first elected office in 1962 in the Georgia Senate. After losing his first gubernatorial election in 1966, he won his second bid in 1970, becoming the state’s 76th governor. As a relative unknown nationally, Carter used the nation’s sour sentiment toward politics to win the Democratic nomination. He then bested sitting president Gerald Ford in November 1976 to win the presidency. Carter battles high inflation, energy crisis With the public eager for a change following the Watergate era, Carter took a more hands-on approach to governing. This, however, meant he became the public face of a number of issues facing the U.S. in the late 1970s, most notably America’s energy crisis. He signed the Department of Energy Organization Act, creating the first new cabinet role in government in over a decade. Carter advocated for alternative energy sources and even installed solar panels on the White House roof. During this time, the public rebuked attempts to ration energy. Amid rising energy costs, inflation soared nearly 9% annually during Carter's presidency. This led to a recession before the 1980 election. Carter also encountered the Iran Hostage Crisis in the final year of his presidency when 52 American citizens were captured. An attempt to rescue the Americans failed in April 1980, resulting in the death of eight service members. With compounding crises, Carter lost in a landslide to Ronald Reagan in 1980 as he could only win six states. Carter’s impact after leaving the White House Carter returned to Georgia and opened the Carter Center, which is focused on national and international issues of public policy – namely conflict resolution. Carter and the Center have been involved in a number of international disputes, including in Syria, Israel, Mali and Sudan. The group has also worked to independently monitor elections and prevent elections from becoming violent. Carter and his wife were the most visible advocates for Habitat for Humanity. The organization that helps build and restore homes for low- and middle-income families has benefited from the Carters’ passion for the organization. Habitat for Humanity estimates Carter has worked alongside 104,000 volunteers in 14 countries to build 4,390 houses. “Like other Habitat volunteers, I have learned that our greatest blessings come when we are able to improve the lives of others, and this is especially true when those others are desperately poor or in need,” Carter said in a Q&A on the Habitat for Humanity website. Carter also continued teaching Sunday school at Maranatha Baptist Church in his hometown well into his 90s. Attendees would line up for hours, coming from all parts of the U.S., to attend Carter’s classes. Carter is survived by his four children.Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister saysPatriots turn their attention to the future after being eliminated from playoff contention
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A year ago, SiriusXM launched a new streaming app filled with original and licensed content from its satellite radio service and set the price at $9.99 — far below the roughly $16 average monthly revenue it takes in per satellite subscriber. The hope was that a relatively affordable price and an improved app would help SiriusXM reach younger consumers and expand beyond its core in-car satellite radio listeners. The new app was “just the beginning,” CEO Jennifer Witz said at the time , adding that SiriusXM would “continue to iterate and develop our product offerings throughout the next year and beyond as we strive to deliver our subscribers the best listening experience on the go, in the car, and wherever they choose to tune in.” The company’s satellite radio business was built on vehicles. If you buy a new or used car, you’ll likely get a free SiriusXM trial that’s extremely effective at convincing people to subscribe once their trial is over. The new streaming app was intended to attract people who would listen outside of the car. But selling the radio experience in a smartphone app didn’t go well. As it turns out, the streaming app hasn’t produced a good return on marketing spending, Witz said on Tuesday (Dec. 10). Appearing at the UBS Global Media and Communications Conference, the executive cited “slow progress” in turning free trials into long-term retention. As a result, SiriusXM has already cut back its marketing spend on the app and expects to have fewer streaming trials — and thus fewer subscribers — in the future. That was a worse assessment than what Witz delivered on SiriusXM’s Aug. 2 earnings call. At that time, when asked about conversion rates for the app, Witz said they had been “challenged” but maintained positivity, adding that there had been some “positive results” with first-time trial adopters and that the company was “confident” it could attract “a different audience” that will be “incremental” to the existing car-based business. Now, after its underwhelming experiment with the app, SiriusXM will, in Witz’s words, be “leaning into our strengths.” In other words, the company is putting its focus back on satellite radio and the in-automobile listening experience. In alignment with that strategy, the company also announced the departure of Joseph Inzerillo , the chief product and technology officer who played an instrumental role in the app’s launch. For all the strengths of the app — curated stations, celebrity musician stations, a smorgasbord of audio programming — the company gave up its competitive advantage when it tried to compete outside of satellite radio and the automobile. After all, the company is the lone satellite radio operator and, given the cost and complexity of launching satellites into orbit, has the market to itself. But when leaving the safety of satellite, it’s hard to beat Spotify, Apple Music, YouTube and Amazon Music at their own game. These are streaming-native platforms built for consumers’ desire for interactivity, while SiriusXM’s app attempts to fit a one-way satellite radio experience into a two-way, interactive medium. In the end, paid radio turned out to be a tough sell to a generation that has grown up on on-demand streaming. So, SiriusXM is going to focus on what it does best, and in-car listening gives the company a huge audience to work with. It currently has 33 million subscribers and, according to MusicWatch’s Russ Crupnick , reaches 65 million total listeners. In an email to Billboard , radio consultant Andy Meadows said he believes “SiriusXM is better suited to compete for those coveted in-car listeners so [Tuesday’s announcement] makes sense from that standpoint.” Crupnick also sees in-car listening as a point of strength for SiriusXM, pointing to the uniqueness of the SiriusXM product as a distinct advantage. “The ease of use, breadth of content, and curation position them as far superior to terrestrial radio, and in a different place than music streaming or podcasts,” he says. Building on in-car satellite listening, the SiriusXM streaming app will become more of a complementary product. “There is real opportunity with 360L,” said Witz on Tuesday, referring to the company’s in-car platform that serves as a dual satellite radio/streaming product. Because 360L includes streaming, it allows SiriusXM to serve personalized — a.k.a. more lucrative — ads and provide more targeted — a.k.a. more expensive — ads for advertisers. Of the app, she said it can provide data that helps SiriusXM determine spends on programming that resonates with listeners, given that satellite receivers are a one-way technology that doesn’t provide granular insights into listening behaviors. Similar to 360L, the app can also provide targeted advertisements. For customers, bundling satellite and streaming costs as low as $25 per month. That’s about double the cost of an individual Spotify subscription, but SiriusXM subscribers can withstand the price. According to Witz, platinum satellite subscriptions, which cost upward of $29 per month, account for “about a third” of the current subscriber base. And providing the best of satellite and streaming will help SiriusXM compete with a “newer breed of streaming products” on Americans’ car dashes, says Meadows. “Anything SiriusXM, and traditional radio for that matter, can do to look, sound and function better across all devices is in their best interest long term.”Croatia's President Zoran Milanovic will face conservative rival Dragan Primorac in an election run-off in two weeks' time after the incumbent narrowly missed out an outright victory on Sunday, official results showed. The results came after an exit poll, released immediately after the polling stations closed, showed that Milanovic, backed by the opposition left-wing Social Democrats, had scooped more than 50 percent of the first round vote and would thus avoid the January 12 run-off. Milanovic won 49.11 percent of the first round vote and Primorac, backed by the ruling conservative HDZ party, took 19.37 percent, according to results released by the state electoral commission from nearly all of the polling stations. Such a strong lead for Milanovic, whom surveys labelled a favourite ahead of the vote, raises serious concerns for Prime Minister Andrej Plenkovic's HDZ. The election comes as the European Union and NATO member country of 3.8 million people struggles with biting inflation, widespread corruption and a labour shortage. Among the eight contenders, centre-right MP Marija Selak Raspudic and green-left MP Ivana Kekin followed the two main rivals, the exit poll showed. They each won around nine percent of the vote. Croatia's president commands the country's armed forces and has a say in foreign policy. But despite limited powers, many believe the office is key for the political balance of power in a country mainly governed by the HDZ since independence in 1991. "All the eggs should not be in one basket," Nenad Horvat, a salesman in his 40s, told AFP. He sees Milanovic, a former leftist prime minister, as the "last barrier to all levers of power falling into the hands of HDZ", echoing the view of many that was reflected in Sunday's vote results. The 58-year-old Milanovic has been one of Croatia's leading and most colourful political figures for nearly two decades. Sharp and eloquent, he won the presidency for the Social Democrats (SDP) in 2020 with pledges to advocate tolerance and liberalism. But he used the office to attack political opponents and EU officials, often with offensive and populist rhetoric. Milanovic, who condemned Russia's aggression against Ukraine, has nonetheless criticised the West's military aid to Kyiv. That prompted the prime minister to label him a pro-Russian who is "destroying Croatia's credibility in NATO and the EU". Milanovic countered that he wanted to protect Croatia from being "dragged into war". "As long as I'm president no Croatian soldier will wage somebody else's wars," he said this month. Milanovic regularly pans Plenkovic and his HDZ party over systemic corruption, calling the premier a "serious threat to Croatia's democracy". "I'm a guarantee of the control of the octopus of corruption... headed by Andrej Plenkovic," he said during the campaign. For many, the election is a continuation of the longstanding feud between two powerful politicians. "This is still about the conflict between the prime minister and president," political analyst Zarko Puhovski told AFP. "All the rest are just incidental topics." Primorac, a 59-year-old physician and scientist returning to politics after 15 years, campaigned as a "unifier" promoting family values and patriotism. "Croatia needs unity, global positioning and a peaceful life," he told reporters after casting his ballot in Zagreb, adding that he would later attend a mass. Primorac repeatedly accused Milanovic of "disgracing Croatia", a claim that resonated with his supporters. ljv/bc
TESCO has revealed plans to open 150 new locations over the next three years in a convenience store blitz. The Tesco Express expansion will create more than 2,000 jobs, while some stores will benefit from longer opening hours. Advertisement 3 Tesco plans to open 150 new Express convenience stores over the next three years Credit: Tesco The majority of sites will run from 7am to 11pm, but the supermarket giant is aiming to have some open from 6am to midnight. Kevin Tindall, managing director at Tesco UK, said the chain had signed leases for many of the new shops, but that they were looking at housing estates, new-build tower blocks and high streets with a lot of footfall. The news came as Britain’s biggest grocer yesterday marked the 30th anniversary of Tesco Express by opening a shop in Burnt Oak, North London — on the same street the very first Tesco was set up in 1929. Tesco this week cut prices on 200 everyday items such as bread, milk, and chicken in its Express stores, and continues to offer Clubcard discounts. Advertisement READ MORE ON TESCO POINT IT OUT Tesco shoppers can get BONUS Clubcard points worth up to £100 in time for Xmas cheers! Tesco slashes price of large bottle of Baileys to the cheapest it's been all year But it does not offer its Aldi Price Match in the convenience shops. Critics including Which? have argued customers at smaller shops are disadvantaged by the higher prices. But Mr Tindall explained that most smaller stores charge a premium as they are hit harder by costs, especially in London where rents are high. And he said Tesco was continuing to create jobs despite the “challenges of extra costs from the Budget”. Advertisement Most read in Business STAMP LOOTY Royal Mail warns stamp prices could rise AGAIN after £120m hit from Budget FORD PULLS PLUG Ford set to axe 800 British jobs - blaming slow electric vehicle sales RATES OF ATTRITION BoE boss says Budget risks job losses and interest rates staying higher BUST UP Delivery firm backed by Martin Lewis goes bust owing almost £6million There are now 2,074 Tesco Express stores and 808 larger superstores. Rivals Sainsbury's, Morrisons, and Asda have also committed to opening new locations. 3 The supermarket giants' expansion plans could create 2,000 new jobs Credit: Tesco Tesco unveils new Christmas ad A miniature giant GAMES WORKSHOP, the maker of fantasy miniature figurines and the Warhammer franchise, is nudging its way into the FTSE 100 after its shares rocketed to a record high yesterday. Advertisement The niche hobby business is now valued at £4.5billion, more than B&M Bargains or Sports Direct owner Frasers Group. Its shares yesterday rose 17 per cent to £137.90 each after a brief statement that its profits would beat forecasts of £120million. Shares have risen by 38.5 per cent in the past year. 3 Niche hobby outlet Games Workshop has been valued at £4.5billion Credit: instagram/warhammerofficial Advertisement Good week, bad week GOOD WEEK: RYAN McDonnell, boss of LIDL, the fastest-growing supermarket, which has returned to profit after the cost-of-living crisis. BAD WEEK: ADRIAN Mardell, boss of JAGUAR, criticised for a ridiculous rebrand and its new advert that does not feature a car.
3 Stocks to Watch as China Tightens Control Over Antimony Exports (MILIF, PPTA, UAMY)Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. On Monday: The S&P 500 rose 14.77 points, or 0.2%, to 6,047.15. The Dow Jones Industrial Average fell 128.65 points, or 0.3%, to 44,782. The Nasdaq composite rose 185.78 points, or 1%, to 19,403.95. The Russell 2000 index of smaller companies fell 0.59 points, or less than 0.1%, to 2,434.14. For the year: The S&P 500 is up 1,277.32 points, or 26.8%. The Dow is up 7,092.46 points, or 18.8%. The Nasdaq is up 4,392.60 points, or 29.3%. The Russell 2000 is up 407.06 points, or 20.1%.
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