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SAULT STE. MARIE, Ontario, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that the Company will be participating in the B. Riley Securities Energy Convergence Conference on Wednesday, December 4, 2024, at the Hotel Eventi in New York. Prior to Algoma’s attendance at this conference, the Company will post a copy of the presentation it will use in the Investors section of its website on ir.algoma.com. Cautionary Statement Regarding Forward-Looking Statements This news release contains “forward-looking information” under applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”), including statements regarding, Algoma’s transition to electric arc furnace (EAF) steelmaking, Algoma’s future as a leading producer of green steel, Algoma’s modernization of its plate mill facilities, transformation journey, ability to deliver greater and long-term value, ability to offer North America a secure steel supply and a sustainable future, and investment in its people, and processes. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “design,” “pipeline,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. Readers should also consider the other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Information” in Algoma’s Annual Information Form, filed by Algoma with applicable Canadian securities regulatory authorities (available under the company’s SEDAR+ profile at www.sedarplus.com) and with the SEC, as part of Algoma’s Annual Report on Form 40-F (available at www.sec.gov), as well as in Algoma’s current reports with the Canadian securities regulatory authorities and SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Algoma assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. About Algoma Steel Group Inc. Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. Driven by a purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its state-of-the-art Direct Strip Production Complex (“DSPC”) is one of the lowest-cost producers of hot rolled sheet steel (HRC) in North America. Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship to significantly lower carbon emissions. Today Algoma is investing in its people and processes, working safely, as a team to become one of North America's leading producers of green steel. As a founding industry in their community, Algoma is drawing on the best of its rich steelmaking tradition to deliver greater value, offering North America the comfort of a secure steel supply and a sustainable future as your partner in steel. For more information, please contact: Michael Moraca Vice President – Corporate Development and Treasurer Algoma Steel Group Inc. Phone: 705.945-3300 E-mail: IR@algoma.comTitle: Manchester City's European Dream on the Brink: Guardiola's Future Hangs in the Balance
The announcement of the reunion party has sparked a wave of nostalgia among fans as they eagerly anticipate the chance to see their favorite characters come to life once more. Sun Li, who portrayed the resilient and cunning protagonist Zhen Huan, will be joined by other key cast members, including Chen Jianbin, Ada Choi, and others, in what promises to be a night of celebration and reflection on the drama's enduring legacy.
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A number of prominent pundits, including former City defender and club ambassador Micah Richards, have questioned why the Belgium international has not been starting games amid the champions’ dramatic slump. City have not won in seven outings in all competitions – their worst run since 2008 – with De Bruyne featuring only as a substitute in the last five of those matches after recovering from a pelvic injury. The latest came with a 12-minute run-out in Sunday’s demoralising 2-0 defeat at Premier League leaders Liverpool, a result which left City 11 points off the pace and fifth in the table. Richards said on The Rest is Football podcast it appeared “there’s some sort of rift going on” between De Bruyne and Guardiola while former England striker Gary Lineker added: “It seems like all’s not well.” Former Liverpool defender Jamie Carragher said he felt “something isn’t right” and fellow Sky Sports analyst Gary Neville, the ex-Manchester United right-back, described the situation as “unusual, bizarre, strange”. Guardiola, speaking at a press conference to preview his side’s clash with Nottingham Forest, responded on Tuesday. The Spaniard said: “People say I’ve got a problem with Kevin. Do you think I like to not play with Kevin? No, I don’t want Kevin to play? “The guy who has the most talent in the final third, I don’t want it? I have a personal problem with him after nine years together? “He’s delivered to me the biggest success to this club, but he’s been five months injured (last season) and two months injured (this year). “He’s 33 years old. He needs time to find his best, like last season, step by step. He’ll try to do it and feel better. I’m desperate to have his best.” De Bruyne has not started since being forced off at half-time of City’s Champions League clash with Inter Milan on September 18, having picked up an injury in the previous game. Both the player and manager have spoken since of the pain he was in and the need to ease back into action, but his spell on the bench has been unexpectedly long. The resulting speculation has then been exacerbated because De Bruyne is in the final year of his contract but Guardiola maintains nothing untoward has occurred. He said: “I’d love to have the Kevin in his prime, 26 or 27. He would love it to – but he is not 26 or 27 any more. “He had injuries in the past, important and long ones. He is a guy who needs to be physically fit for his space and energy. You think I’m complaining? It’s normal, it’s nature. “He’s played in 10 or 11 seasons a lot of games and I know he is desperate to help us. He gives glimpses of brilliance that only he can have. “But, always I said, he himself will not solve our problems, like Erling (Haaland) won’t solve it himself. We attack and defend together. “We want the best players back. Hopefully step by step the confidence will come back and we’ll get the best of all of us.”
HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. What happened at Enron? Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. Is Enron coming back? On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron's new website features a company store, where various items featuring the brand's tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. What do former Enron employees think of the company’s return? Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” Follow Juan A. Lozano on X at https://x.com/juanlozano70In the aftermath of the incident, counseling services were made available to the crew, passengers, and all those involved in the emergency response efforts. It is essential to provide emotional support and care to individuals who have witnessed or been directly impacted by such traumatic events.NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing that continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that anything short of immediate dismissal would undermine the transition of power, as well as the “overwhelming national mandate" granted to Trump by voters last month. They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who had been convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’" Trump’s legal team wrote. Manhattan District Attorney Alvin Bragg, they claimed, had engaged in the type of political theater "that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. In their filing Monday, Trump's attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies any wrongdoing. The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and have since been selected by the president-elect to fill senior roles at the Justice Department. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, would also allow him to “to devote all of his energy to protecting the Nation.” Merchan hasn’t yet set a timetable for a decision. He could decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. An outright dismissal of the New York case would further lift a legal cloud that at one point carried the prospect of derailing Trump’s political future. Last week, special counsel Jack Smith told courts that he was withdrawing both federal cases against Trump — one charging him with hoarding classified documents at his Florida estate, the other with scheming to overturn the 2020 presidential election he lost — citing longstanding Justice Department policy that shields a president from indictment while in office. The hush money case was the only one of Trump’s four criminal indictments to go to trial, resulting in a historic verdict that made him the first former president to be convicted of a crime. Prosecutors had cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump has said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
Chief Minister Balochistan Mir Sarfraz Bugti on Friday said that in the next two years, Ziarat would be introduced as a unique, international and national tourist destination of the country. He shared these views while chairing a review meeting on Ziarat Development Authority (ZDA) at the Chief Minister Secretariat. The meeting was attended by Provincial Minister for Food Noor Muhammad Dummar, Chief Secretary Balochistan Shakeel Qadir Khan, Principal Secretary to Chief Minister Imran Zarkoon, Additional Chief Secretary Development and Planning Hafiz Abdul Basit, Secretary Finance Babar Khan, Secretary Forest Noor Ahmed Pirkani, Additional Secretary Chief Minister Secretariat Muhammad Faridoon, Project Director Ziarat Development Authority and other relevant officials. The meeting was briefed on the performance of Ziarat Development Authority and proposed projects. The meeting decided in principle to invite proposals from international and national firms to formulate a feasible plan to make Ziarat an eco-friendly tourist destination of Pakistan. The meeting also decided to use the additional government rest houses and buildings in Ziarat under public-private partnership (PPP) so that the buildings reserved for dignitaries can be utilized to increase government resources which can be made effective under the PPP mode. Addressing at the meeting, CM Balochistan Mir Sarfaraz Bugti said that the Ziarat Development Authority would be made an active institution free from political influence, no political figure could interfere in it, nor would any government official be allowed to take commission. All political figures voluntarily reiterated that there will be no interference in the Ziarat Development Authority for any work against merit and the Ziarat Development Authority will work as a self-governing institution, he said. The Chief Minister said that in the next two years, Ziarat would be introduced as a unique tourist destination of the country. The Ziarat Development Authority should ensure merit and transparency at all levels and provide all the required resources, he said. The CM directed the Forest Department to prepare comprehensive recommendations related to the protection of forests and wildlife and align them with the planned development projects of Ziarat. “Along with this, alternative energy sources should be provided to the residents of Ziarat to ensure the protection of valuable pine forests”, he maintained. The CM directed that necessary amendments should be proposed in the Act to empower and organize the Ziarat Development Authority that it should be vetted by the Law Department and presented to the Cabinet for approval.In his retirement announcement, Kewell reflected on his love for football, describing it as his "first love." He expressed gratitude to the fans, teammates, and coaches who supported him throughout his career. Kewell acknowledged the highs and lows of his time in the game, but emphasized that the memories and experiences will stay with him forever.
Amazon (AMZN.US) and Intuit (INTU.US) Join Forces to Empower Millions of Small BusinessesAs the airport and airline community mourn the loss of the passenger, they also reflect on the importance of being prepared for emergencies and having robust response procedures in place. The swift and coordinated efforts of all those involved in the incident highlight the importance of training, teamwork, and effective communication in crisis situations.
In the aftermath of the incident, counseling services were made available to the crew, passengers, and all those involved in the emergency response efforts. It is essential to provide emotional support and care to individuals who have witnessed or been directly impacted by such traumatic events.Manchester United is reportedly open to the idea of parting ways with midfielder Paul Pogba due to disciplinary reasons. The French international, affectionately known as "La Pogboom" among fans, has been the subject of intense scrutiny in recent months following a series of high-profile incidents both on and off the pitch.
In a world filled with uncertainty and doubt, Huang Yaqiong's message of hope and resilience resonates deeply with many. Her words serve as a guiding light for those who may be struggling, reminding them that as long as they stay true to themselves and keep moving forward, they will eventually reach their destination. With her infectious energy and positive outlook on life, she embodies the spirit of perseverance and optimism that we all strive to emulate.For many of the elderly participants, the allure of a day trip priced at 9.9 yuan seemed too good to resist. The promise of a fun-filled outing to a nearby scenic spot was a welcome opportunity for those on fixed incomes or living on modest pensions. However, what started as an exciting adventure quickly spiraled into chaos and confusion.At times, Week 13 made it fair to wonder what year it was. Russell Wilson was lighting up an opposing secondary. Geno Smith was chucking the ball around MetLife Stadium. The biggest showdown of the week was between a pair of superstar running backs. Here is what to know: In the first week of November, Buffalo left tackle Dion Dawkins reflected on the eighth Bills team he has been part of. The defining trait of this version, he believed, was its pervasive happiness. “This is a different team,” Dawkins said then. “Everybody is just happy all of the time. No complaints. Honestly, it’s because the sun is shining. When it’s sunny outside, everybody is happy. I haven’t seen that dark cloud that just lays over Buffalo just yet. But we’ll see. We’ll see how it goes when Dec. 1 comes, when it’s real cloudy and mucky and they got to scrape ice off their windows.” Dec. 1 arrived with a wicked storm cloud, and the Bills discovered the muck suits them just fine. In a majestic snowstorm, the host Bills annihilated the once-dominant San Francisco 49ers, 35-10, in a victory that clinched the AFC East title and showed what makes these Bills different from their predecessors. For years a finesse offense, the Bills finally have a team designed to play in the nasty weather that occurs so often in their city. Offensive coordinator Joe Brady has emphasized the running game more than Ken Dorsey, the man he replaced last season. The Bills’ personnel reshuffling included the addition of multiple large, strong skill players — wideout Mack Hollins and rookie running back Ray Davis each scored a touchdown Sunday. They still revolve around Josh Allen, who added a defining moment to his MVP résumé. Allen executed a hook and lateral with Amari Cooper that resembled a basketball give-and-go: He fired a quick pass to Cooper in the left flat, sprinted toward him, caught a lateral and dived into the end zone for a 7-yard touchdown. Allen became the fourth player in NFL history to be credited with a passing touchdown and a receiving touchdown on the same play. For good measure, he added an eight-yard touchdown run that made it 35-10 and brought “M-V-P!” chants. Russell Wilson threw a pick-six to Cincinnati Bengals cornerback Cam Taylor-Britt on the Pittsburgh Steelers’ first possession, which a few hours later stood as an odd way to begin one of the best days of his exceptional career. Wilson rebounded from Pittsburgh’s snowy loss in Cleveland — and that interception — by throwing for 414 yards in a 44-38 victory that effectively eliminated the Bengals from playoff contention and maintained the Steelers’ place atop the AFC North. Wilson had exceeded that total only once in his 13-year career, in October 2017. There were few signs such an explosion was coming. Even in his Seattle prime, Wilson rarely punched up massive statistical totals. With the Steelers, he had been piloting a ball-control offense, relying on his running game and short passes while making a few key throws per game. Against the Bengals’ dismal pass defense, though, Wilson was an explosive-play machine. He passed for 257 yards by halftime, the highest first-half total of his career. George Pickens caught a 36-yard moonball down the right sideline. Wilson fired a running, sidearm dart to Pat Freiermuth for a 25-yard touchdown. A remarkable eight Steelers receivers caught at least one pass that gained at least 20 yards. Wilson won’t have another game like Sunday’s anytime soon. The Steelers probably wouldn’t even want him to. For one day, at 36, Wilson turned back the clock and threw the ball as well as he ever has. The Eagles’ 24-19 statement victory over the Ravens in Baltimore included the dominance of Jalen Carter in the middle of the NFL’s best defense, the brilliance of Saquon Barkley and, for much of the afternoon, the Ravens’ defense rounding into form. The most lasting development may be the continued deterioration of Ravens kicker Justin Tucker. The Ravens were forced to go for a fourth-and-8 on their side of the field with 6:18 left because they trailed 21-12 after Tucker had left seven points on the field with three misses. He doinked an extra point off the left upright, pulled a 47-yard field goal wide left and pushed a 53-yarder wide right. Tucker’s struggles have persisted all season. He entered Sunday having made 17 of 23 field goals, a 73.9% success rate that ranked 28th in the NFL. Tucker, the best long-range kicker in league history, has made just 4 of 9 field goals from 50 yards or beyond. After a cosmetic late touchdown, Tucker’s extra point barely sneaked inside the right upright. For most teams, a struggling kicker presents an annoying problem with a straightforward solution: Cut him and find a replacement among the many candidates who, if given a chance, might become one of the most accurate ever. The current depth and quality of kickers, including those on the periphery of the league, mean never having to trot out a lousy one. The Ravens are not most teams because Tucker is not most kickers. Tucker may be the greatest kicker in NFL history, even if this season has cost him that title from a statistical standpoint. He was automatic from almost anywhere inside midfield for more than a decade. He was the rare kicker who gave his team swagger. The equity Tucker has built demands the Ravens give him time to solve his problems. They also can’t allow that equity to undermine their realistic Super Bowl aspirations. To this point, coach John Harbaugh has been steadfast that the Ravens are not considering a kicking change, reiterating his stance Sunday night that it “wouldn’t be wise.” He will have to ponder it now, whether the kicker in question is a legend or not. The Minnesota Vikings have not been a dominant team for the past two months, but they are still 10-2 because they continue to outperform expectations in close games under Coach Kevin O’Connell. The Vikings squeezed out another victory — and stayed on the heels of the Detroit Lions — with a two-minute drill touchdown to beat the Arizona Cardinals, 23-22, in Minneapolis. The Vikings have played 47 games under O’Connell, one playoff game included, and 34 have been decided by one score. Those are coin flips for most NFL teams. The Vikings have gone 24-10, including 7-1 this season. The Vikings trailed Arizona for nearly the entire game, and they didn’t lead until Sam Darnold hit Aaron Jones for a five-yard touchdown with 1:13 left. On fourth and five just before the two-minute warning, Darnold found Justin Jefferson for 12 yards. Coordinator Brian Flores’s defense forced the Cardinals to kick four field goals after reaching the red zone. Time and again, the Vikings are prepared to make crucial plays and execute at their highest level when they most need to. The number of close games they play may indicate they are not one of the NFL’s elite teams. But their record in them is a reflection of the infrastructure O’Connell (with Flores’s assistance) has built.Dazzling Victory: Wang Chuqin Leads with 8825 Points, Chinese National Table Tennis Team Continues to Dominate
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