www.jili777.com

www.jili777.com Starmer praises Trump as he rejects calls to choose EU over US"As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It's an honor for General Motors and Cadillac to join the world's premier racing series, and we're committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM's engineering expertise and technology leadership at an entirely new level." The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. "We're excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we're assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world." Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. "The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team," Michael Andretti posted on social media. "I'm very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!" The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti's dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years, and F1 initially denied the application despite approval from F1 sanctioning body FIA. The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they've already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti's application was the only one of seven applicants to meet all required criteria to expand F1's current grid. "General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. "Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024," F1 said in a statement. "Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. "With Formula 1's continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1."

Trump names billionaire private astronaut as next NASA chief

North Korea's Kim vows the toughest anti-US policy before Trump takes office

Iowa followed its lowest-scoring game of the season with a 110-point eruption the next time out. The Hawkeyes will be one week removed from that scorching effort when they host Northwestern in Tuesday's Big Ten opener in Iowa City, but rust won't be the only roadblock for a potential repeat showing. Iowa (6-1) also is bracing for stiffer competition in conference play while navigating an injury to Seydou Traore. The reserve forward suffered a sprained ankle midway through the first half of a 110-77 home rout of South Carolina Upstate on Nov. 26. Also missing frontcourt contributors Even Brauns and Cooper Koch, the Hawkeyes still flexed their resilience and depth. Brock Harding notched a double-double of 20 points and 10 rebounds and Owen Freeman netted 17 points as five Iowa players scored in double figures. "Coming off a loss, going into Thanksgiving break here, we've got a couple days off coming, it'd be easy to kinda (think), ‘All right, let's relax for this one, guys sit out,'" Harding said. "But I think we really locked in." Northwestern (6-2) overcame 40.8 percent shooting to defeat UNLV 66-61 in the third-place game of the Arizona Tip-Off on Friday in Tempe, Ariz. Brooks Barnhizer, a preseason All-Big Ten pick who was sidelined by a foot injury during the Wildcats' first four games, had team highs of 23 points, nine rebounds and six assists. He has scored at least 20 points in three of four games. Northwestern limited UNLV to a 42.1 percent effort from the floor. Matthew Nicholson propelled the defense with two of the Wildcats' seven steals to go with two blocks. "We're a defensive-minded team and, you know, our identity is just getting stops," Barnhizer said. "Everything else will take care of itself. So, the older guys were trying to come out here and do that tonight and I think we did a pretty good job of it." Strong ‘D' helped Northwestern's ball movement, too, as the Wildcats assisted on 15 of 20 made field goals. Northwestern went 8-for-18 (44.4 percent) from long range to improve to 3-0 this season when connecting on 40 percent of its 3-point shots or better. --Field Level Media

Iowa followed its lowest-scoring game of the season with a 110-point eruption the next time out. The Hawkeyes will be one week removed from that scorching effort when they host Northwestern in Tuesday's Big Ten opener in Iowa City, but rust won't be the only roadblock for a potential repeat showing. Iowa (6-1) also is bracing for stiffer competition in conference play while navigating an injury to Seydou Traore. The reserve forward suffered a sprained ankle midway through the first half of a 110-77 home rout of South Carolina Upstate on Nov. 26. Also missing frontcourt contributors Even Brauns and Cooper Koch, the Hawkeyes still flexed their resilience and depth. Brock Harding notched a double-double of 20 points and 10 rebounds and Owen Freeman netted 17 points as five Iowa players scored in double figures. "Coming off a loss, going into Thanksgiving break here, we've got a couple days off coming, it'd be easy to kinda (think), ‘All right, let's relax for this one, guys sit out,'" Harding said. "But I think we really locked in." Northwestern (6-2) overcame 40.8 percent shooting to defeat UNLV 66-61 in the third-place game of the Arizona Tip-Off on Friday in Tempe, Ariz. Brooks Barnhizer, a preseason All-Big Ten pick who was sidelined by a foot injury during the Wildcats' first four games, had team highs of 23 points, nine rebounds and six assists. He has scored at least 20 points in three of four games. Northwestern limited UNLV to a 42.1 percent effort from the floor. Matthew Nicholson propelled the defense with two of the Wildcats' seven steals to go with two blocks. "We're a defensive-minded team and, you know, our identity is just getting stops," Barnhizer said. "Everything else will take care of itself. So, the older guys were trying to come out here and do that tonight and I think we did a pretty good job of it." Strong ‘D' helped Northwestern's ball movement, too, as the Wildcats assisted on 15 of 20 made field goals. Northwestern went 8-for-18 (44.4 percent) from long range to improve to 3-0 this season when connecting on 40 percent of its 3-point shots or better. --Field Level MediaPEMBROKE, Bermuda--(BUSINESS WIRE)--Nov 25, 2024-- Hamilton Re, the Bermuda-based insurance and reinsurance underwriting platform of Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”), today announced its expansion into Credit, Bond and Political Risk Reinsurance with the appointment of Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125313447/en/ Sergio Lottimore, Vice President, Credit, Bond and Political Risk Reinsurance, Hamilton Re. (Photo: Business Wire) Based in Bermuda, Lottimore will report to Peter Riihiluoma, Senior Vice President and Head of Specialty Reinsurance at Hamilton Re. Hamilton Re offers a wide breadth of reinsurance solutions across multiple Property, Casualty and Specialty lines of business to meet the demands of its clients worldwide. The new Credit, Bond and Political Risk Reinsurance offerings will be incorporated within the Specialty Reinsurance portfolio, and further expands our offerings to clients. “Our expansion into Credit, Bond and Political Risk Reinsurance marks a significant milestone for Hamilton Re in its commitment to building a globally diversified reinsurance offering,” said Hamilton Re CEO Megan Graves. “This exciting development is bolstered by Hamilton’s AM Best financial strength rating upgrade to “A” (excellent) announced earlier this year. “I’m delighted to welcome Sergio to Hamilton. He brings dedicated expertise and experience in Mortgage, Trade Credit, Surety, Political Risks and Structured Credit lines to our already strong Specialty Reinsurance team.” Lottimore has 18 years of specialty and financial lines market experience. He joins Hamilton from Validus Re where he was Vice President, Credit Lines Underwriter for three years. Prior to that, he spent 15 years in roles of continuous progression at MS Amlin. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. For more about our company, visit www.hamiltongroup.com or find us on LinkedIn at Hamilton View source version on businesswire.com : https://www.businesswire.com/news/home/20241125313447/en/ CONTACT: Media contact Kelly Corday Ferris kelly.ferris@hamiltongroup.comInvestor contacts Jon Levenson and Darian Niforatos investor.relations@hamiltongroup.com KEYWORD: CARIBBEAN UNITED STATES BERMUDA NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE FINANCE SOURCE: Hamilton Insurance Group, Ltd. Copyright Business Wire 2024. PUB: 11/25/2024 04:15 PM/DISC: 11/25/2024 04:16 PM http://www.businesswire.com/news/home/20241125313447/en

Coach Prime, CU Buffs land 14 players as early signing period beginsAP News Summary at 2:20 p.m. ESTAlex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg

Microchip Technology Incorporated ( NASDAQ:MCHP – Get Free Report ) saw some unusual options trading on Friday. Stock traders acquired 11,939 put options on the company. This is an increase of 49% compared to the typical daily volume of 7,986 put options. Hedge Funds Weigh In On Microchip Technology Institutional investors and hedge funds have recently modified their holdings of the business. Franklin Resources Inc. raised its holdings in Microchip Technology by 30.2% during the 3rd quarter. Franklin Resources Inc. now owns 3,347,643 shares of the semiconductor company’s stock worth $264,430,000 after buying an additional 776,408 shares during the period. Synovus Financial Corp increased its position in shares of Microchip Technology by 9.6% during the third quarter. Synovus Financial Corp now owns 70,644 shares of the semiconductor company’s stock worth $5,672,000 after acquiring an additional 6,191 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Microchip Technology by 3.2% during the third quarter. Tidal Investments LLC now owns 36,267 shares of the semiconductor company’s stock worth $2,912,000 after acquiring an additional 1,108 shares during the period. Wilmington Savings Fund Society FSB lifted its position in Microchip Technology by 16.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 60,394 shares of the semiconductor company’s stock valued at $4,849,000 after acquiring an additional 8,592 shares in the last quarter. Finally, Arvest Bank Trust Division acquired a new position in Microchip Technology in the 3rd quarter worth $223,000. 91.51% of the stock is currently owned by institutional investors and hedge funds. Microchip Technology Stock Performance Shares of NASDAQ:MCHP opened at $58.34 on Friday. The company has a market capitalization of $31.33 billion, a price-to-earnings ratio of 40.80 and a beta of 1.50. The firm’s 50 day simple moving average is $66.60 and its 200 day simple moving average is $77.32. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.88 and a quick ratio of 0.48. Microchip Technology has a fifty-two week low of $55.27 and a fifty-two week high of $100.57. Microchip Technology Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Friday, November 22nd. This is a boost from Microchip Technology’s previous quarterly dividend of $0.45. Microchip Technology’s payout ratio is 127.27%. Wall Street Analyst Weigh In Several equities research analysts have recently weighed in on MCHP shares. Piper Sandler lowered their target price on shares of Microchip Technology from $100.00 to $85.00 and set an “overweight” rating on the stock in a report on Wednesday, November 6th. Evercore ISI reaffirmed an “outperform” rating and set a $95.00 price objective (down from $101.00) on shares of Microchip Technology in a research note on Wednesday, November 6th. KeyCorp cut their target price on shares of Microchip Technology from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday, December 3rd. StockNews.com upgraded Microchip Technology from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group reduced their price target on shares of Microchip Technology from $100.00 to $90.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Microchip Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.63. Read Our Latest Stock Analysis on MCHP About Microchip Technology ( Get Free Report ) Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. Read More Receive News & Ratings for Microchip Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microchip Technology and related companies with MarketBeat.com's FREE daily email newsletter .