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The people that president-elect Donald Trump has selected to lead federal health agencies in his second administration include a retired congressman, a surgeon and a former talk-show host. All of them could play pivotal roles in fulfilling a new political agenda that could change how the government goes about safeguarding Americans' health — from health care and medicines to food safety and science research. And if Congress approves, at the helm of the team as Department of Health and Human Services secretary will be prominent environmental lawyer and anti-vaccine organizer Robert F. Kennedy Jr. By and large, the nominees don't have experience running large bureaucratic agencies, but they know how to talk about health on TV . Centers for Medicare and Medicaid pick Dr. Mehmet Oz hosted a talk show for 13 years and is a well-known wellness and lifestyle influencer. The pick for the Food and Drug Administration, Dr. Marty Makary, and for surgeon general, Dr. Janette Nesheiwat, are frequent Fox News contributors. Many on the list were critical of COVID-19 measures like masking and booster vaccinations for young people. Some of them have ties to Florida like many of Trump's other Cabinet nominees: CDC pick Dr. Dave Weldon represented the state in Congress for 14 years and is affiliated with a medical group on the state's Atlantic coast. Nesheiwat's brother-in-law is Rep. Mike Waltz , R-Fla., tapped by Trump as national security adviser. Here's a look at the nominees' potential role in carrying out what Kennedy says is the task to “reorganize” agencies, which have an overall $1.7 billion budget; employ 80,000 scientists, researchers, doctors and other officials; and affect the lives of all Americans. The Atlanta-based CDC, with a $9.2 billion core budget, is charged with protecting Americans from disease outbreaks and other public health threats. Kennedy has long attacked vaccines and criticized the CDC, repeatedly alleging corruption at the agency. He said on a 2023 podcast that there is "no vaccine that is safe and effective,” and urged people to resist the CDC's guidelines on if and when kids should get vaccinated . Decades ago, Kennedy found common ground with Weldon , the 71-year-old nominee to run the CDC who served in the Army and worked as an internal medicine doctor before he represented a central Florida congressional district from 1995 to 2009. Starting in the early 2000s, Weldon had a prominent part in a debate about whether there was a relationship between a vaccine preservative called thimerosal and autism. He was a founding member of the Congressional Autism Caucus and tried to ban thimerosal from all vaccines. Kennedy, then a senior attorney for the Natural Resources Defense Council, believed there was a tie between thimerosal and autism and also charged that the government hid documents showing the danger. Since 2001, all vaccines manufactured for the U.S. market and routinely recommended for children 6 years or younger have contained no thimerosal or only trace amounts, with the exception of inactivated influenza vaccine. Meanwhile, study after study after study found no evidence that thimerosal caused autism. Weldon's congressional voting record suggests he may go along with Republican efforts to downsize the CDC, including to eliminate the National Center for Injury Prevention and Control, which works on topics like drownings, drug overdoses and shooting deaths. Weldon also voted to ban federal funding for needle-exchange programs as an approach to reduce overdoses, and the National Rifle Association gave him an “A” rating for his pro-gun rights voting record. Kennedy is extremely critical of the FDA, which has 18,000 employees and is responsible for the safety and effectiveness of prescription drugs, vaccines and other medical products — as well as overseeing cosmetics, electronic cigarettes and most foods. Makary, Trump’s pick to run the FDA, is closely aligned with Kennedy on several topics . The professor at Johns Hopkins University who is a trained surgeon and cancer specialist has decried the overprescribing of drugs, the use of pesticides on foods and the undue influence of pharmaceutical and insurance companies over doctors and government regulators. Kennedy has suggested he'll clear our “entire” FDA departments and also recently threatened to fire FDA employees for “aggressive suppression” of a host of unsubstantiated products and therapies, including stem cells, raw milk , psychedelics and discredited COVID-era treatments like ivermectin and hydroxychloroquine. Makary's contrarian views during the COVID-19 pandemic including the need for masking and giving young kids COVID vaccine boosters. But anything Makary and Kennedy might want to do when it comes to unwinding FDA regulations or revoking long-standing vaccine and drug approvals would be challenging. The agency has lengthy requirements for removing medicines from the market, which are based on federal laws passed by Congress. The agency provides health care coverage for more than 160 million people through Medicaid, Medicare and the Affordable Care Act, and also sets Medicare payment rates for hospitals, doctors and other providers. With a $1.1 trillion budget and more than 6,000 employees, Oz has a massive agency to run if confirmed — and an agency that Kennedy hasn't talked about much when it comes to his plans. While Trump tried to scrap the Affordable Care Act in his first term, Kennedy has not taken aim at it yet. But he has been critical of Medicaid and Medicare for covering expensive weight-loss drugs — though they're not widely covered by either . Trump said during his campaign that he would protect Medicare, which provides insurance for older Americans. Oz has endorsed expanding Medicare Advantage — a privately run version of Medicare that is popular but also a source of widespread fraud — in an AARP questionnaire during his failed 2022 bid for a U.S. Senate seat in Pennsylvania and in a 2020 Forbes op-ed with a former Kaiser Permanente CEO. Oz also said in a Washington Examiner op-ed with three co-writers that aging healthier and living longer could help fix the U.S. budget deficit because people would work longer and add more to the gross domestic product. Neither Trump nor Kennedy have said much about Medicaid, the insurance program for low-income Americans. Trump's first administration reshaped the program by allowing states to introduce work requirements for recipients. Kennedy doesn't appear to have said much publicly about what he'd like to see from surgeon general position, which is the nation's top doctor and oversees 6,000 U.S. Public Health Service Corps members. The surgeon general has little administrative power, but can be an influential government spokesperson on what counts as a public health danger and what to do about it — suggesting things like warning labels for products and issuing advisories. The current surgeon general, Vivek Murthy, declared gun violence as a public health crisis in June. Trump's pick, Nesheiwat, is employed as a New York City medical director with CityMD, a group of urgent care facilities in the New York and New Jersey area, and has been at City MD for 12 years. She also has appeared on Fox News and other TV shows, authored a book on the “transformative power of prayer” in her medical career and endorses a brand of vitamin supplements. She encouraged COVID-19 vaccines during the pandemic, calling them “a gift from God” in a February 2021 Fox News op-ed, as well as anti-viral pills like Paxlovid. In a 2019 Q&A with the Women in Medicine Legacy Foundation , Nesheiwat said she is a “firm believer in preventive medicine” and “can give a dissertation on hand-washing alone.” As of Saturday, Trump had not yet named his choice to lead the National Institutes of Health, which funds medical research through grants to researchers across the nation and conducts its own research. It has a $48 billion budget. Kennedy has said he'd pause drug development and infectious disease research to shift the focus to chronic diseases. He'd like to keep NIH funding from researchers with conflicts of interest, and criticized the agency in 2017 for what he said was not doing enough research into the role of vaccines in autism — an idea that has long been debunked . Associated Press writers Amanda Seitz and Matt Perrone and AP editor Erica Hunzinger contributed to this report. The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.zildjian z cymbals

A2Z Smart Tech stock soars to 52-week high of $6.7 amid growth‘This is a great win’: Forever chemicals to be filtered from tap water

NHL fines Edmonton Oilers forward Jeff Skinner $2,000 for embellishmentGeorgia voters urged to return to polls Tuesday to decide unsettled local races

No. 2 Ohio State uses dominant 2nd half to run over No. 5 Indiana 38-15Mumbai: Following the declaration of assembly poll results on Saturday, many political observers and analysts attributed the defeat of the opposition Maharashtra Vikas Aghadi (MVA) alliance to the lack of support from Muslims and other minority communities in the state. Minorities had rallied behind the MVA during the Lok Sabha polls held in June but did not do so this time leading to the MVA’s drubbing, said experts. But political analysts, observers and scholars from the Muslim community debunked the notion. Muslims followed their traditional voting pattern of backing parties with secular credentials, they said, referring to the Shiv Sena (UBT) winning ten seats in Mumbai alone, including constituencies where Muslims comprised a significant portion of the electorate. The community was so determined to steer clear of non-secular parties that they chose not to vote for Muslim candidates fielded by the Mahayuti, they said, citing the poll results in the Mankhurd-Shivajinagar, Vandre East and Byculla constituencies. In the Muslim dominated Mankhurd-Shivaji Nagar seat, there was massive anti-incumbency against Abu Asim Azmi, the three-term sitting MLA from Samajwadi Party, an ally of the MVA. NCP leader and former minister Nawab Malik, also a Muslim, was considered his closest rival. While Azmi won the contest, Malik finished in the fourth position, behind All India Majlis-e-Ittehadul Muslimeen (AIMIM) candidate Ateeque Khan. This was because Muslims did not want to back NCP, an ally of the BJP, and chose the AIMIM nominee over Malik, said an MVA leader requesting anonymity. Senior journalist and editor of the Urdu daily Inquilab, Shahid Latif, referred to the poll outcome in Vandre East and Byculla to dispel the notion that minorities did not back the MVA this time. In Vandre East, Muslims were so committed to backing secular parties that they did not vote for the sitting NCP MLA and Muslim candidate Zeeshan Siddique despite having sympathy for him over his father Baba Siddique’s assassination, said Latif. “Instead, the community voted for Varun Sardesai from Shiv Sena (UBT) since the party is in alliance with the Congress,” he said. In Byculla, another Muslim dominated constituency, the community chose to vote for Shiv Sena (UBT)’s Manoj Jamsutkar over AIMIM’s Faiyaz Ahmed for the same reasons, the Inquilab editor said. He attributed the steep rise in Mahayuti’s seats tally to the consolidation of OBC votes behind the alliance as well as schemes like the Ladki Bahin Yojana. An NCP leader who spoke to Hindustan Times on condition of anonymity agreed with Latif and other Muslim observers and cited the example of the Mumbra-Kalwa constituency to drive the point home. He said Jitendra Awhad, the NCP (SP) candidate in the constituency, would not have won if Muslims did not come out in his support in large numbers. “Our candidate Najeeb Mulla was leading as long as votes from Kalwa were being counted. But once electronic voting machines from Mumbra (a Muslim dominated locality) were opened, Awhad secured a lead of 80,000 votes which later increased to 96,228 votes,” said the NCP leader. Iqbal Chunalwala, a member of the All India Muslim Personal Law Board (AIMPLB) said there was no apathy among Muslims over voting for secular parties. “The enthusiasm across Maharashtra was the same as it was during the general elections. If you look at Muslim dominated areas in all parts of the state, you will see that the turnout has increased,” he asserted. Shakir Shaikh, secretary of the Maharashtra Democratic Forum (MDF), which works on voter awareness and registration in Muslim dominated areas, said, “We were active on the ground much more than others and found out that the community wholeheartedly voted for secular parties.”

The U.S. Department of Commerce has awarded TI up to $1.6 billion in CHIPS Act funding to support three new 300mm semiconductor wafer fabs under construction in Texas and Utah . TI also expects to receive an estimated $6 billion to $8 billion from the U.S. Department of the Treasury's Investment Tax Credit for qualified U.S. manufacturing investments. The company will also receive up to $10 million to support workforce development. LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: Cleanroom construction and tool installations at SM1 in Sherman, Texas ; Shell construction of SM2, a second fab in Sherman, Texas ; and Cleanroom construction and tool installations at LFAB2, a second fab in Lehi, Utah . These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: TI CHIPS Act press kit (includes images, video b-roll, fact sheet) TI Sherman, Texas , press kit TI Lehi, Utah , press kit Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments

FLYHT Announces Closing of Acquisition by Firan Technology Group Corporation

Samarium cobalt products make oil extraction more precise and efficient 12-20-2024 07:08 PM CET | Industry, Real Estate & Construction Press release from: ABNewswire 1. Application of Samarium Cobalt in Petroleum Industry SmCo magnets, as a high-performance rare earth permanent magnet materials, have excellent high temperature resistance, corrosion resistance and high magnetic properties, especially in high temperature, high pressure and corrosive environments. . Samarium cobalt magnets are widely used in petroleum industry equipment, such as: Logging Tools, magnetic pumps and valves, Downhole Turbines, bearingless drilling motors, magnetic separation equipment, etc. According to industry estimates, the market size of samarium cobalt magnets in the petroleum field accounts for approximately 10%-15% of the total global samarium cobalt magnet market, with an annual market value of approximately US$500 million to US$1,000 million. As more oil companies expand into complex geological environments and the demand for reliable and high-performance equipment grows, the market potential of samarium cobalt magnets in the oil industry may further expand. Image: https://www.magnetpower-tech.com/uploads/Petroleum-Samarium-Cobalt.jpeg 2. Why are SmCo magnet more suitable for the petroleum industry? SmCo magnets [ https://www.magnetpower-tech.com/smco-magnet/ ] have remarkable adaptability in the petroleum industry. SmCo magnet have good adaptability and high fit in petroleum application scenarios where high temperature, high pressure, and corrosive environments are common, ensuring efficient and stable operation of equipment and improving the efficiency and effectiveness of all aspects of oil extraction. reliability. The following are the advantages of samarium cobalt magnets in the petroleum industry: 2.1. High temperature resistance performance requirements The increase in the depth of oil exploration and production will cause the underground temperature to rise. For example, when mining in deep and ultra-deep oil reservoirs, the ambient temperature of the logging equipment often exceeds 300 degrees C. SmCo magnets have a high Curie temperature, and the T series ultra-high temperature SmCo has a maximum operating temperature of 550 degrees C. This feature ensures that samarium cobalt magnets can maintain stable magnetic properties in high temperature environments, ensure accurate magnetic positioning, and accurately control the direction of drilling tools. It improves mining efficiency and success rate, reduces geological risks, and also provides reliable support for reserve assessment and mining plan planning. Image: https://www.magnetpower-tech.com/uploads/SmCo1.png 2.2. High magnetic energy product requirements In equipment such as magnetic pumps and bearingless drilling motors, the high magnetic energy products of samarium cobalt magnets is indispensable. The magnetic pump uses high magnetic energy product to generate a strong magnetic field to drive the impeller, achieving leakage-free transportation and preventing oil leakage pollution and safety hazards; the bearingless drilling motor relies on it to provide a strong magnetic field force to support the stable suspension operation of the rotor, reduce friction loss, and extend the life of the equipment. Reduce maintenance frequency and costs to ensure continuous and efficient advancement of drilling operations. Image: https://www.magnetpower-tech.com/uploads/f7c73b36.jpg 2.3. Corrosion resistance requirements Oil production and transportation contain a variety of corrosive media. Offshore platforms are corroded by seawater salt and acidic gases, and onshore oil fields are also threatened by corrosion such as HS and halogen ions. In equipment such as magnetic separation equipment and downhole instruments that are exposed to corrosive environments for a long time, samarium cobalt magnets must have stable structure and performance. They must be resistant to HS and halogen corrosion under the protection of special coatings, maintain equipment integrity and functional stability, and ensure the quality of crude oil. Reduce equipment loss and replacement costs, improve production safety and economic benefits, and lay a solid foundation for long-term stable production. Image: https://www.magnetpower-tech.com/uploads/29118201edc3aec62ff0889ed4f7d679.png 3. Advantages of samarium cobalt magnets-magnetic cohesion Hangzhou Magnet Power Technology Co., Ltd. has emerged strongly in the samarium cobalt magnet field with its strong R&D and production team. The company's carefully developed samarium cobalt magnet products have excellent performance in terms of high-temperature resistance and corrosion resistance, providing stable, solid and reliable samarium cobalt products for equipment in many industries, especially the petroleum industry. Image: https://www.magnetpower-tech.com/uploads/786c09c7.jpg T Series: Customized High Temperature Solutions The T series samarium cobalt magnets developed by Magnet Power have excellent high temperature resistance and the maximum operating temperature can reach 550 degrees C. The T series samarium cobalt magnets can still maintain stable operation in high-temperature environments such as underground measurement and for drilling equipment. Magnetic cohesion has a unique series at 350-550. In this temperature range, customized data calculation and production can be carried out according to the size, performance and usage scenarios of different needs of users. On the premise of meeting user needs to the maximum extent, it is guaranteed to Product stability during use. H series: high magnetic energy product and stability H series samarium cobalt magnets can guarantee a temperature resistance of 300 - 350. The coercive force of up to greater than or equal to 18kOe ensures the stability of the magnetic properties of the product in high-temperature environments and effectively curbs thermal disturbance of magnetic domains. At the same time, it provides a high magnetic energy density of 28MGOe - 33MGOe, ensuring that the device has strong power during use. In the magnetic levitation architecture, the stable magnetic field supports the high-speed and smooth operation of the rotor, minimizing equipment friction loss and equipment failure rate, extending the equipment service life, and providing efficient and stable core power for oil extraction operations. Corrosion resistance In the complex working conditions of the petroleum industry, threats such as HS corrosion and halogen-induced corrosion are always present. Especially in high-corrosion scenarios such as sour oil and gas fields and around offshore platforms, equipment corrosion losses are severe. Hangzhou Magnet Power Technology Co., Ltd.'s samarium cobalt magnet steel products maintain their inherent corrosion resistance and can provide various special coatings to resist corrosion attacks. For example: when oil field magnetic separation equipment is immersed in corrosive liquid for a long time, special coatings can effectively resist the attack of HS and halogen ions, ensuring the stability of the magnetic steel structure and magnetic field; the samarium cobalt magnet produced by magnetic condensation has excellent corrosion resistance It provides long-term stable, high-performance permanent magnet products for the petroleum industry. In the field of SmCo magnets, Hangzhou Magnet Power Technology Co., Ltd., [ https://www.magnetpower-tech.com/about-us/ ] with its ultimate performance advantages of high temperature resistance and corrosion resistance, deeply meets the equipment needs of the petroleum industry. With its products, from exploration to mining, from transmission to refining, it provides comprehensive assistance to the petroleum industry.Improve equipment performance, optimize operating procedures, reduce operational risks, and provide strong power and solid support for the development of the petroleum industry with excellent samarium cobalt magnet products. Image: https://www.magnetpower-tech.com/uploads/1a80c402aa847915326bb03e5ba05691.jpg Media Contact Company Name: Hangzhou Magnet Power Technology Co., Ltd. Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=samarium-cobalt-products-make-oil-extraction-more-precise-and-efficient ] Country: China Website: https://www.magnetpower-tech.com/ This release was published on openPR.

1 2 3 Nagpur: Ramchandra Harichandra Adware has been conferred PhD by Nagpur University for his groundbreaking research in electrical engineering. He completed his doctoral studies at GH Raisoni College of Engineering , Nagpur, in the faculty of science and technology. His thesis, titled ‘ Power quality improvement in power system by using hybrid STATCOM', explores innovative solutions for enhancing power quality in modern electrical systems. Adware expressed his heartfelt gratitude to his guide, Dr VK Chandrakar, for his invaluable mentorship throughout the research journey. He also acknowledged the support of HoD Dr Prema Daigavane and director Dr Sachin Untawale. Special thanks were extended to Dr Avichal Kapur and Dr Vivek Kapur for their expert guidance and encouragement. Adware credited his family for their unwavering support and motivation, which played a crucial role in his success.Cramer's Lightning Round: ‘I want you to avoid' Lumen Technologies

Key nations raced Saturday to salvage UN climate talks after the poorest countries pushed back angrily for more than $300 billion a year in help from historic wealthy emitters. More than a day past the scheduled conclusion of two days of COP29 talks, host Azerbaijan urged bleary-eyed delegates to seek consensus to avoid failure. "I know that none of us want to leave Baku without a good outcome," COP president Mukhtar Babayev told a late-night session, urging all nations to "bridge the remaining divide". Developing power Brazil pleaded for at least some progress and said it would seek to build on it when it leads COP30 next year in the Amazon gateway of Belem. "After the difficult experience that we're having here in Baku, we need to reach some outcome that is minimally acceptable in line with the emergency we're facing," Brazil's environment minister Marina Silva told delegates. A number of nations have accused Azerbaijan, an authoritarian oil and gas exporter, of lacking the experience and will to meet the moment, as the planet again sets record temperatures and faces rising deadly disasters. Small island nations threatened by rising seas and impoverished African states on Saturday angrily stormed out of a meeting with Azerbaijan, saying their concerns had been ignored. The European Union, United States and other wealthy countries met directly with poorer nations to work out final details, with both blocs also concerned at efforts led by Saudi Arabia to water down calls from last year's summit to phase out fossil fuels. "If we don't do it, people at home -- in every home across the world -- would say, why did you not get an agreement? Because I believe we can," Irish climate minister Eamon Ryan told AFP. A draft of the final text seen by AFP proposes that rich nations raise to $300 billion a year by 2035 their commitment to poorer countries to fight climate change. It is up from $100 billion now provided by wealthy nations under a commitment set to expire -- and from $250 billion proposed in a draft Friday. That offer was slammed as offensively low by developing countries, which have demanded at least $500 billion to build resilience against climate change and cut emissions. Sierra Leone's climate minister Jiwoh Abdulai, whose country is among the world's poorest, called the draft "effectively a suicide pact for the rest of the world". As staff at the cavernous and windowless stadium began closing down, diplomats rushed to meetings with one another, some ready with food and water in preparation for another late night. Panama's outspoken negotiator, Juan Carlos Monterrey Gomez, voiced anger at offers by rich countries but warned not to repeat the failure of COP15 in Copenhagen in 2009. "I'm sad, I'm tired, I'm disheartened, I'm hungry, I'm sleep-deprived, but there is a tiny ray of optimism within me because this cannot become a new Copenhagen," he told reporters. UK Energy Secretary Ed Miliband said the revised offer of $300 billion was "a significant scaling up" of the existing pledge by developed nations, which also count the United States, EU and Japan among their ranks. Climate activists shouted "shame" as US climate envoy John Podesta walked the halls. "Hopefully this is the storm before the calm," he said. Wealthy nations say it is politically unrealistic to expect more in direct government funding. Donald Trump, a sceptic of both climate change and foreign assistance, returns to the White House in January and a number of other Western countries have seen right-wing backlashes against the green agenda. The draft deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. Ali Mohamed, the Kenyan chair of the African Group of Negotiators, told AFP: "No deal is better than a bad deal." South African environment minister Dion George, however, said: "I think being ambitious at this point is not going to be very useful." "What we are not up for is going backwards or standing still," he said. "We might as well just have stayed at home then." The US and EU have wanted newly wealthy emerging economies like China -- the world's largest emitter -- to chip in. China, which remains classified as a developing nation under the UN framework, provides climate assistance but wants to keep doing so on its own voluntary terms. The EU and other countries have also tussled with Saudi Arabia over including strong language on moving away from fossil fuels, which negotiators say the oil-producing country has resisted. "We will not allow the most vulnerable, especially the small island states, to be ripped off by the new, few rich fossil fuel emitters," said German Foreign Minister Annalena Baerbock. bur-np-sct/lth/givTexas has nation's top recruiting class after landing elite defensive lineman from GeorgiaEdible Beans Market Expecting the Unexpected future in 2030; SWOT analysis, investment feasibility analysis

NEWS HIGHLIGHTS: LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments

NEWS HIGHLIGHTS: LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments


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