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FDA Grants Revascor® (Rexlemestrocel-L) Regenerative Medicine Advanced Therapy (RMAT) Designation in Children with Congenital Heart DiseaseJaipur, Dec 4 (IANS): Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday introduced nine new policies aimed at fostering Rajasthan's economic growth and development during a function at the Chief Minister's Office. Highlighting the significance of these initiatives, Sharma described them as a crucial step toward positioning Rajasthan as a leading state in the country. "These policies will not only attract substantial investment but also generate employment for lakhs of youth," he said. He emphasised the inclusion of innovative strategies to ensure economic progress, prosperity, and employment generation. The Chief Minister noted that these policies would serve as a foundation for boosting investments ahead of the Rising Rajasthan Global Investment Summit. "This marks a new chapter for the state, promoting an investment-friendly environment and setting the stage to double Rajasthan's economy," he remarked, urging industrialists and investors to join the state's development journey. Key highlights of the policies are MSME Policy 2024: Designed to strengthen micro, small, and medium enterprises (MSMEs), the policy offers additional interest subsidies, support for technical upgrades, and quality certification assistance to help local businesses compete globally. Export Promotion Policy 2024: This policy aims to reduce logistical challenges and provide exporters with resources for documentation, technical upgrades, and participation in international events, ensuring Rajasthan's products gain global recognition. One District-One Product (ODOP) Policy: Focused on promoting district-specific crafts and products, this initiative seeks to boost the income of artisans, farmers, and manufacturers by providing integrated infrastructure and financial support. Cluster Development Scheme: Targeting productivity and quality enhancement, this scheme will support artisans, handloom, and MSME sectors by developing cluster-based projects aligned with global standards. AVGC & XR Policy 2024: This policy fosters innovation in animation, visual effects, gaming, comics, and extended reality (XR) by encouraging local talent and establishing Atal Innovation Studios and Accelerators. New Tourism Unit Policy 2024: Aimed at revitalising Rajasthan's tourism sector, this policy promotes private sector investments, creating new opportunities and enhancing the state's tourism infrastructure. Integrated Clean Energy Policy 2024: With a focus on renewable energy, including solar, wind, green hydrogen, and energy storage, this policy will leverage Rajasthan's position as a leader in clean energy production, supported by MoUs and investments exceeding ?6.5 lakh crore. Mineral Policy 2024: Targeting an increase in the mineral sector's contribution to GDP from the current 3.4 per cent to 5 per cent by 2029-30, this policy seeks to capitalise on Rajasthan's rich mineral reserves while ensuring employment and revenue growth. M-Sand Policy 2024: This initiative promotes the use of manufactured sand (M-Sand) over traditional gravel in construction, reducing environmental impact and construction costs. Deputy Chief Minister Diya Kumari announced plans to host an investment conference to enhance Rajasthan's business climate further. "Under Chief Minister Sharma’s leadership, ease of doing business is being prioritised to make Rajasthan a top investment destination," she said.

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Pride, bragging rights and more than $115M at stake when final college playoff rankings come outHow Dr Manmohan Singh defied Leftist obstructionism to redefine India

Origin co-founder, John Bissell at the Origin Materials 1 biomaterials pilot plant in Sarnia, ... [+] Ontario, Canada. Plastics are essential to modern life, but their convenience comes at a steep environmental cost. They are made by distilling mined hydrocarbons in a refinery—a process that releases carbon dioxide and other pollutants. Many plastics are used only once, after which they accumulate in landfills, make their way into rivers and oceans, and disturb marine food chains . Recent studies have found that microplastics also make their way into breast milk , suggesting they are an unfortunate component of human food chains as well. The negative environmental impacts of conventionally manufactured plastics are what makes biomaterials such a hot topic. Origin Materials’ (ORGN) has developed a truly revolutionary insight into this hot topic: its scientists have found a way to produce common plastics and other materials using a feedstock of biomaterials like wood chips, cardboard, and sawdust. In the process of bringing this revolutionary innovation to life, Origin’s scientists stumbled onto a second good idea, one which is less revolutionary but has the advantage of being immediately cash flow generative: a novel manufacturing process that increases the recyclability of single-use plastic containers. The potential climate impact of Origin’s biomaterials technology is astounding. Rearranging hydrogen and carbon atoms to produce common plastics like PET (a type of plastic used to produce everything from drink bottles to synthetic fabric) means that not as much oil must be extracted from underground. Origin’s manufacturing advance enhances plastic recycling, reducing the amount of oil refined into plastic. Other biomaterials companies try to process organic waste to mimic the capabilities of the materials we use in everyday life, an approach that typically results in inferior materials that fall apart too easily, cannot withstand extreme temperatures, etc. In contrast, Origin can create the very same plastics and materials we use every day without further unbalancing the planet’s carbon cycle. FBI Warns iPhone And Android Users—Stop Sending Texts Microsoft’s New Update—Bad News Confirmed For 400 Million Windows Users Smartphone Security Warning—Make These Changes Now Or Become A Victim Operationalizing such a revolutionary innovation isn’t easy, and Origin shareholders have had a rough ride. The company announced several years of delays in constructing its first large-scale commercial plant, leading to a gut-wrenching fall in share price over just a few harrowing trading sessions. Origin's stock price took a greater than 60% hit after management announced significant delays to ... [+] the construction of its large-scale commercial biomaterials plant, OM2, in the third quarter of 2023. Origin’s management, to its credit, scrambled to pivot to a partnership model that would allow it to fund a large-scale commercial plant with less of its own capital and harnessed its plastics chemistry expertise to launch a cash-generative recycling-related business to preserve cash on its balance sheet and avoid the threat of delisting. Origin’s biomaterials technology transforms wood scraps into real plastic Founded in 2008 by John Bissell and Ryan Smith, Origin Materials has pioneered a technology based on CMF (chloromethyl furfural), a new chemical platform created from a feedstock of lignocellulosic biomass (anything made from crushed, cut, or chipped wood). Origin’s new chemical platform enables the production of plastics like PET and other industrial chemicals identical to those derived from hydrocarbons without the environmental impacts of oil extraction and refining. The company believes that, depending on the energy mix of the grid from which a large-scale commercial Origin facility draws power, the company can produce plastics that have very low or even negative carbon footprints without resorting to CCS (please see my series on CCS to learn more about this controversial technology). The market size for the suite of products Origin can produce is astounding—trillions of dollars per year. Origin Materials' biomaterials platform uses CMF as its "trunk", from which various products, ... [+] including PET plastics, nylons, epoxies, and many other basic chemicals can be manufactured. While the company scrambled to find capital partners to help fund the construction of a commercial-scale biomaterials plant, Origin’s management realized that its research into the chemistry of PET enabled it to do something no other firm had been able to do at commercial scale: produce bottle caps made out of PET. Thus, Origin’s secondary product line was born: the “caps and closures” business, which sells caps to large drink companies and licenses its unique technology to other caps and closures manufacturers. The ability to produce PET caps confers a big advantage in plastics recycling, and this niche market is worth $65 billion annually. While the caps and closures business has neither the impact nor the market size of its biomaterials platform, the promise of decent near-term cash flow from this niche did provide the impetus for Origin’s stock price to rise above $1 per share, saving management from having to use a “reverse split” to prevent the stock from being delisted. Origin’s caps and closures technology, though not as sexy as its biomaterials tech, makes plastic recycling easier and is cash generative When different types of plastics are melted together in the recycling process, impurities in the resultant compound plastic reduce its usability. Recycling plastics of a uniform type is much more effective and has less impact on the climate. Plastic bottles are made primarily from PET, while caps are made from other plastics—polypropylene and HDPE—which can be recycled on their own but can’t be recycled together with PET. Consumer product goods companies like PepsiCo faced a quandary earlier this year when the EU mandated that caps must be tethered to bottles. They had to follow this regulatory mandate while demonstrating they are doing all they can to increase recyclability, even as HDPE/PP caps cannot be recycled with PET bottles. Origin’s PET manufacturing technology helps CPG companies by enabling caps and bottles to be made from the same material, improving both recycling efficiency and recycled product quality. As more plastic can be recycled, less oil must be dug up and refined into plastic. Origin has made substantial strides in the caps and closures business this year, completing manufacturing trials, forming partnerships with equipment manufacturers, and announcing their ability to produce tethered caps a month before the EU deadline. In August, the company signed a memorandum of understanding with an unnamed client for PET caps estimated by Origin’s management to be worth $100 million over the next two years. Revenue from this contract will begin in 2025, the company announced, with higher projected sales in 2026. At its 3Q24 earnings announcement, the company provided a bit more color to the $100 million contract and reaffirmed its full-2024 guidance to generate revenues between $25 million and $35 million and hold full-year net cash burn between $55 million and $65 million. I will be posting a separate report on Origin’s third-quarter earnings in the Climate Tech Venture Review, so I won’t rehash the announcement here. While I am most excited about the future of Origin’s biomaterials platform, I am impressed at its nimble and creative strategic adaptation in the face of a major setback. By pivoting to a cash-generative model with caps and closures and establishing strategic partnerships to reduce capital expenditures in its biomaterials business, Origin has taken the necessary steps to realize its vision of plastics made from wood waste. Despite its investment uncertainties, Origin’s biomaterials technology is so compelling and its leadership has displayed such grit that it cannot be ignored. Intelligent investors take note.

Nebraska holds on to beat Boston College 20-15 in Pinstripe Bowl for 1st bowl victory since 2015

NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.Letter to the Editor | 2025 just has to be betterAP News Summary at 5:05 p.m. EST

Warby Parker Inc. ( NYSE:WRBY – Get Free Report ) CEO Neil Harris Blumenthal sold 93,946 shares of Warby Parker stock in a transaction on Friday, December 20th. The shares were sold at an average price of $25.08, for a total transaction of $2,356,165.68. Following the completion of the sale, the chief executive officer now directly owns 12,177 shares of the company’s stock, valued at approximately $305,399.16. The trade was a 88.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Neil Harris Blumenthal also recently made the following trade(s): Warby Parker Price Performance NYSE WRBY opened at $24.42 on Friday. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of -90.44 and a beta of 1.93. Warby Parker Inc. has a one year low of $11.35 and a one year high of $25.89. The business’s fifty day moving average is $21.72 and its 200-day moving average is $17.53. Institutional Investors Weigh In On Warby Parker Analyst Upgrades and Downgrades WRBY has been the topic of several recent analyst reports. Piper Sandler raised their price objective on Warby Parker from $18.00 to $22.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. The Goldman Sachs Group raised their price objective on Warby Parker from $20.00 to $26.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. BTIG Research raised their price objective on Warby Parker from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, November 1st. JMP Securities raised their price objective on Warby Parker from $23.00 to $28.00 and gave the company a “market outperform” rating in a research note on Monday, December 16th. Finally, William Blair upgraded Warby Parker from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Warby Parker has a consensus rating of “Moderate Buy” and a consensus price target of $20.73. View Our Latest Stock Analysis on WRBY About Warby Parker ( Get Free Report ) Warby Parker Inc provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps. Recommended Stories Receive News & Ratings for Warby Parker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warby Parker and related companies with MarketBeat.com's FREE daily email newsletter .Dallas forward Naji Marshall was suspended for four games and Suns center Jusuf Nurkic for three while Mavericks forward P.J Washington will sit out one game. The incident came with 9:02 remaining in the third quarter when Nurkic committed on offensive foul on Dallas's Daniel Gifford. "Marshall and Nurkic then engaged in an on-court altercation. Nurkic escalated it by swinging his arm and striking Marshall on top of his head. Marshall responded by throwing a punch that connected with Nurkic's face," the NBA said in a statement. "As the officials and other players attempted to diffuse the situation, Washington further escalated the altercation by shoving Nurkic to the floor. For their roles, Marshall, Nurkic and Washington were assessed technical fouls and ejected from the game," the league added. Marshall late confronted Nurkic near the locker rooms, in a "hostile manner" according to the NBA. The NBA said the players will not be paid during their suspension periods. sev/bb

Sir Keir Starmer has been warned by a trade union not to impose “blunt headcount targets” for the size of the Civil Service but Government sources insisted there would be no set limit, although the number “cannot keep growing”. Departments have been ordered to find 5% “efficiency savings” as part of Chancellor Rachel Reeves’ spending review, potentially putting jobs at risk. The size of the Civil Service has increased from a low of around 384,000 in mid-2016, and the Tories went into the general election promising to reduce numbers by 70,000 to fund extra defence spending. Any reduction under Labour would be more modest, with the Guardian reporting more than 10,000 jobs could be lost. A Government spokesman said: “Under our plan for change, we are making sure every part of government is delivering on working people’s priorities — delivering growth, putting more money in people’s pockets, getting the NHS back on its feet, rebuilding Britain and securing our borders in a decade of national renewal. “We are committed to making the Civil Service more efficient and effective, with bold measures to improve skills and harness new technologies.” Mike Clancy, general secretary of the Prospect trade union said: “We need a clear plan for the future of the civil service that goes beyond the blunt headcount targets that have failed in the past. “This plan needs to be developed in partnership with civil servants and their unions, and we look forward to deeper engagement with the government in the coming months.” A Government source said: “The number of civil servants cannot keep growing. “But we will not set an arbitrary cap. “The last government tried that and ended up spending loads on more expensive consultants.” The Government is already risking a confrontation with unions over proposals to limit pay rises for more than a million public servants to 2.8%, a figure only just over the projected 2.6% rate of inflation next year. Unions representing teachers, doctors and nurses have condemned the proposals. In the face of the union backlash, Downing Street said the public sector must improve productivity to justify real-terms pay increases. The Prime Minister’s official spokesman said: “It’s vital that pay awards are fair for both taxpayers and workers.” Asked whether higher pay settlements to staff would mean departmental cuts elsewhere, the spokesman said: “Real-terms pay increases must be matched by productivity gains and departments will only be able to fund pay awards above inflation over the medium-term if they become more productive and workforces become more productive.” TUC general secretary Paul Nowak said: “It’s hard to see how you address the crisis in our services without meaningful pay rises. “And it’s hard to see how services cut to the bone by 14 years of Tory government will find significant cash savings. “The Government must now engage unions and the millions of public sector workers we represent in a serious conversation about public service reform and delivery.”White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign