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Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | An analyst looks ahead to how the US economy might fare under Trump National Politics | Trump again calls to buy Greenland after eyeing Canada and the Panama Canal But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.
Bengaluru: The year 2025 will be Congress' year of organisational empowerment, AICC president Mallikarjuna Kharge said on Thursday, calling for efforts to increase the party's organisational strength in response to the demand from people who have lost hope in the current NDA regime. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Addressing the extended Congress working Committee (CWC) meeting in Belagavi, Kharge reminded the party's top leaders of the discussions they had at the previous meeting on November 29-that they had decided to actively fight the atmosphere of disappointment Haryana and Maharashtra election results created. The CWC held its meeting in Belagavi to commemorate the centenary of the Congress session Mahatma Gandhi had chaired in the north Karnataka city. Kharge pledged to fill all vacant posts in the organisation and implement the Udaipur declaration to make the party combat-ready to win elections at all levels. He urged partymen to identify young people who were ideologically committed and ready to protect the Constitution, and bring them into the mainstream. 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A time-bound and solid strategy and direction are necessary. There is a need to bring forth local and new leadership, he said. "We have the power of ideas, the legacy of Gandhi-Nehru and the heritage of great leaders. We will return from Belgaum with a new message and new resolve," he said. Communal hatred Kharge referred to Gandhi's message and emphasis on communal harmony and alleged that now, after 100 years, the ruling party and its leaders are openly giving provocative slogans and their top leaders are spoiling the harmony in society, spreading hatred between communities. "They are working to make people fight," he said. Congress would continue to fight for the ideology of Nehru-Gandhi and for Baba Saheb, Kharge said, while accusing Prime Minister Narendra Modi of not being ready to accept the mistake home minister Amit Shah committed with his comments on B R Ambedkar. (You can now subscribe to our Economic Times WhatsApp channel )TORONTO (AP) — Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday. has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across southern and northern borders. He said he would impose a 25% tax on all products from Canada and as one of his first executive orders. A Canadian government official said Canada is preparing for every eventuality and has started thinking about what items to target with tariffs in retaliation. The official stressed no decision has been made. The person spoke on condition of anonymity as they were not authorized to speak publicly. When Trump imposed higher tariffs during his first term in office, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum. Many of the U.S. products were chosen for their political rather than economic impact. For example, Canada imports $3 million worth of yogurt from the U.S. annually and most comes from one plant in Wisconsin, home state of then-House Speaker Paul Ryan. That product was hit with a 10% duty. Another product on the list was whiskey, which comes from Tennessee and Kentucky, the latter of which is the home state of then-Republican Senate leader Mitch McConnell. Trump made the threat Monday while railing against an influx of illegal migrants, even though the numbers at Canadian border pale in comparison to the southern border. The U.S. Border Patrol made 56,530 arrests at the Mexican border in October alone — and 23,721 arrests at the Canadian one between October 2023 and September 2024. Canadian officials say lumping Canada in with Mexico is unfair but say they are happy to work with the Trump administration to lower the numbers from Canada. The Canadians are also worried about a influx north of migrants if Trump follows through with his plan for mass deportations. Trump also railed about fentanyl from Mexico and Canada, even though seizures from the Canadian border pale in comparison to the Mexican border. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border last fiscal year, compared with 21,100 pounds at the Mexican border. Related Articles Canadian officials argue their country is not the problem and that tariffs will have severe implications for both countries. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports are from Canada. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security. “Canada is essential to the United States’ domestic energy supply,” Deputy Prime Minister Chrystia Freeland said. Trump has pledged to cut American energy bills in half within 18 months, something that could be made harder if a 25% premium is added to Canadian oil imports. In 2023, Canadian oil accounted for almost two-thirds of total U.S. oil imports and about one-fifth of the U.S. oil supply. Prime Minister Justin Trudeau is holding a emergency virtual meeting on Wednesday with the leaders of Canada’s provinces, who want Trudeau to negotiate a bilateral trade deal with the United States that Mexican President Claudia Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.”While LeBron James is one-half of a long-discussed debate about the greatest of all time, there’s no question that the NBA’s Yuletide matchup between the Los Angeles Lakers and Golden State Warriors delivered — ratings- and thrill-wise. Per the league, the game was the most-watched NBA Regular Season and Christmas Day game in five years, with viewership up 84% when compared with the year prior. The Lakers-Warriors showdown, which saw James and Stephen Curry go head-to-head in a nail-biting game finishing with a narrow Los Angeles victory 115-113, averaged 7.76 million viewers per game in the U.S. across ABC, ESPN, ESPN2, Disney+ and ESPN+ (according to Nielsen Fast Nationals), up almost 500% from 2023. Audience viewership peaked around 10:30 p.m. ET with 8.32 million tuning in. The Christmas Day opener, featuring the New York Knicks’ 117-114 win over the San Antonio Spurs, averaged 4.91 million viewers, making it the most-viewed such game in 13 years and up 98% from last year. All five of yesterday’s matchups yielded year-over-year viewership increases, averaging 5.25 million overall across Philadelphia 76ers vs. Boston Celtics (5.16 million viewers, up 3%), Minnesota Timberwolves vs. Dallas Mavericks (4.38 million viewers, up 6%) and Denver Nuggets vs. Phoenix Suns (3.84 million viewers, up 161%). The lattermost showdown was the most-watched late window ever on Christmas Day. According to the association, the day generated more than 500 million video views across all NBA social media platforms — an all-time record. Distributed in 214 countries and territories, the five-game slate also garnered the most-viewed Christmas Day ever on NBA League Pass, the organization’s subscription-based cable channel. Leading into Christmas Day, NBA viewership across ABC, ESPN and TNT increased every week of December, with an average week-over-week increase of 7%. Season to date, the NBA has generated a record 11 billion views across its social and digital channels. Across ESPN platforms, this season’s NBA viewership is up 4% versus last year. Sign up for . For the latest news, follow us on , , and .
Global Intelligent Packaging Market to Reach USD 56.0 Billion by 2033, Driven by Demand for Active, Interactive, and Sustainable Solutions 12-24-2024 05:35 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Future Market Insights The global intelligent packaging market is poised for substantial growth, with a projected value of USD 23.6 billion in 2023 and an anticipated expansion to USD 56.0 billion by 2033, reflecting a robust 9.0% CAGR during the forecast period, according to the latest market analysis. Get a Sample PDF of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13604 Market Highlights and Growth Drivers Rapid Acceleration in Sales: The intelligent packaging segment is expected to witness rapid sales growth, driven by increasing demand for interactive packaging and active packaging. These two segments alone are predicted to capture approximately 72% of the market share within the next decade. Track & Trace Demand in Food & Beverage: The intrinsic demand for track and trace solutions within the food and beverage industry is a significant propellant for intelligent packaging sales. As the market is set to expand 2.4 times its current value, the focus on ensuring product safety and quality will remain pivotal. Protection of Sensitive Products: The increasing need for safeguarding sensitive products during storage and transportation will further fuel market growth. Packaging solutions that can adapt to environmental changes will be crucial in minimizing spoilage risk. Next-Generation Solutions: The shift towards next-generation packaging solutions, including anti-microbial packaging, is expected to enhance market opportunities for intelligent packaging companies. These innovations align with consumer needs for safety and hygiene. Security and Tracking Innovations: The rising demand for security and tracking solutions presents additional opportunities for companies within the intelligent packaging space. These features not only bolster consumer confidence but also streamline logistics. Sustainability Focus: The development of advanced packaging solutions with sustainable attributes is fostering market development, aligning with global trends towards eco-friendliness. Consumer Engagement Strategies: Growing emphasis on improving consumer engagement through intelligent packaging solutions will enhance sales. This trend allows brands to communicate effectively with consumers about the conditions of packaged products, reducing spoilage risks. Adoption in Medical Packaging: Increasing adoption of advanced intelligent medical packaging will create further growth prospects, addressing the unique challenges of healthcare products. Core Concepts in the Intelligent Packaging Industry Higher Growth in the United States: The rising need for smart packaging is driving market growth in the United States. Current Market Valuation: The intelligent packaging industry is estimated to be valued at US$ 23.6 billion in 2023. Growth Forecast: The market is expected to grow at a CAGR of 9% through 2033. Rising Demand for Interactive Packaging: The increase in consumer engagement is fueling the demand for interactive packaging. Prominent Market Trend: The development of advanced packaging solutions with sustainable features is a major trend in the market. Consumer Engagement: Interactive packaging enhances consumer experience, which is a significant driver for its increased adoption. Trends Shaping the Intelligent Packaging Market: Track & Trace Packaging: Leading brands face significant losses due to counterfeit products and are turning to next-generation packaging solutions. Intelligent packaging solutions, such as electronically printed NFC labels, are gaining market acceptance. For instance, Coca-Cola has recently adopted NFC labels on its bottles. Sustainability and Consumer Engagement: The development of advanced packaging solutions with sustainable features is fostering market growth. There is a growing focus on improving consumer engagement through intelligent packaging, which enhances product and consumer safety by monitoring freshness and extending shelf life. Healthcare and Food & Beverage Applications: Rising applications across healthcare and food & beverage industries are boosting the global intelligent packaging industry. Intelligent packaging helps minimize the risk of spoilage for sensitive products by effectively sensing environmental changes and informing users. Technological Advancements: Packaging solutions like freshness indicators and time temperature indicators are gaining popularity. These indicators are technologically advanced to monitor and inform users about temperature changes during shipping and storage, reducing food and pharmaceutical product wastage. key players: Amcor plc. Crown Holding Inc. 3M Company CCL Industries Inc. Huhtamaki Global DS Smith Avery Dennison Corporation Honeywell International Inc. Tetra Pak International S.A. Sealed Air Corporation Stora Enso Oyj WestRock Company Ball Corporation Mondi Plc. International Paper Company Georgia-Pacific LLC UPM-Kymmene Oyj Coveris Holdings S.A. DuPont Teijin Films US Sigma Plastics Group Timestrip UK Ltd. Varcode, Ltd. Temptime Corporation DeltaTrak, Inc. EVIGENCE SENSORS JRI Company Vitsab International AB LAXCEN TECHNOLOGY INC. APK-ID STARNFC Technologies Ltd. Access Full Report: https://www.futuremarketinsights.com/reports/intelligent-packaging-market Intelligent Packaging Industry Segmentation: By Technology: Indicators Time-Temperature Indicators Gas & Integrity Indicators Freshness Indicators Sensors Interactive Packaging/Data Carriers Quick-response (QR Codes) Barcodes Radio Frequency Identification (RFIDs) Near Field Communications (NFCs) Bluetooth Low Energy (BLE) Active Packaging Oxygen Scavengers Ethylene Absorbers Moisture Scavengers Anti-microbial Packaging By Level of Packaging: Primary Packaging Secondary Packaging Tertiary Packaging By Application: Bottles and Jars Blisters Trays & Clamshells Cans Boxes & Cartons Vials, Ampoules, & Prefilled Syringes Bags & Pouches Films & Wraps Mailers Labels, Tapes, & Tags By End Use: Food Meat, Poultry, & Seafood Fruits & Vegetables Dairy Products Bakery & Confectionary Processed Food Ready to Eat Food Other Food Products Beverage Healthcare Medical Devices Medical Supplies Pharmaceuticals Cosmetics Logistics & Transport Consumer Electronics Personal Care & Homecare Other Consumer Goods By Region: North America Latin America Europe South Asia East Asia Oceania Middle East and Africa Contact Us: Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-347-918-3531 For Sales Enquiries: sales@futuremarketinsights.com Website: https://www.futuremarketinsights.com LinkedIn| Twitter| Blogs | YouTube About Future Market Insights (FMI) Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise. This release was published on openPR.Oz Retail Group Predicts $70 Billion Pre-Christmas Bonanza
Brazilian police indict former President Bolsonaro and aides over alleged 2022 coup attempt
Liverpool stayed perfect in the Champions League and dumped title holder Real Madrid into an almost unbelievable 24th place in the 36-team standings on Wednesday. No one felt the embarrassment of Madrid’s 2-0 loss at Anfield more than Kylian Mbappé, the superstar added in the offseason by the storied club that also was European champion against Liverpool in the finals of 2022 and 2018. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.EPL: Maresca confirms key player to miss Chelsea vs FulhamThe newly-elected Jammu and Kashmir MLAs have demanded to reduce the rentals of MLA hostels in Srinagar and Jammu, sources disclosed. The Speaker of the Jammu & Kashmir Legislative Assembly is considering the formation of a House Committee to examine the issue. Sources said that Speaker Abdul Rahim Rather is likely to constitute a nine-member panel of MLAs to revise the rent of MLA hostels in Srinagar and Jammu. They disclosed that the newly-elected legislators are seeking a reduction in the rentals of these hostels in both capital cities, reported news agency KNO. As per existing rates, a sitting MLA has to pa2y between Rs 300 to Rs 700 per day at both hostels, while former legislators are charged between Rs 400 to Rs 900. These hostels are administered by the Legislative Assembly secretariat. After the abrogation of Article 370 in 2019, MLA hostel in Srinagar was declared a subsidiary jail by the authorities to lodge political prisoners there. On November 14, 2019, 34 mainstream leaders, including Peoples Conference president Sajad Gani Lone, bureaucrat-turned-politician Shah Faesal and NC general secretary Ali Muhammad Sagar were shifted to the MLA hostel due to the escalating cost of their lodging at SKICC.
Middle East latest: Israel expels patients from a hospital in GazaHRCP hosts a seminar on right to education
Titans return to QB Mason Rudolph after 3-INT performanceAttacks on minorities in Bangladesh: Indian-American body urges Biden, Trump to intervene
The New York Jets announced they have activated K Greg Zuerlein from injured reserve. Additionally, the Jets are elevating DL Bruce Hector from the practice squad to the active roster for Week 17. Zuerlein, 37, is a former six-round pick of the Rams back in 2012. He played eight seasons for the Rams and finished out the final year of a three-year, $6.75 million contract that included $2.375 million guaranteed when the Rams allowed him to leave in free agency. Zuerlein signed a three-year, $7.5 million deal with the Cowboys and was entering the final year of his deal when the team opted to let him go. From there, he signed a one-year contract with the Jets and re-signed with the team in 2023. The Jets later signed Zuerlein to a two-year, $8.4 million deal in 2024. In 2024, Zuerlein appeared in eight games for the Jets and converted nine of 15 field goal attempts (60 percent) to go along with 13 of 14 extra-point tries. This article first appeared on NFLTradeRumors.co and was syndicated with permission.European stocks continue winning streak, rise for second day
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