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By DAVID McHUGH The Associated Press FRANKFURT, Germany (AP) — Germany’s technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe , and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis , created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27% in its most recent quarter that ended this fall. Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27% over the first nine months of this year. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany. “The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers.” In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030. The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way. While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers Some 230,000 people work for Bosch’s mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.Team Velocity® Announces Latest Breakthrough Technology with Automated Deal Alerts and Customer ScoringFormer US President Jimmy Carter has died aged 100. Photo: Reuters “My father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love,” said Chip Carter, the former president’s son. “My brothers, sister, and I shared him with the rest of the world through these common beliefs. The world is our family because of the way he brought people together, and we thank you for honoring his memory by continuing to live these shared beliefs.” A Democrat, he served as president from January 1977 to January 1981 after defeating incumbent Republican President Gerald Ford in the 1976 US election. Carter was swept from office four years later in an electoral landslide as voters embraced Republican challenger Ronald Reagan, the former actor and California governor. Carter lived longer after his term in office than any other US president. Along the way, he earned a reputation as a better former president than he was a president - a status he readily acknowledged. His one-term presidency was marked by the highs of the 1978 Camp David accords between Israel and Egypt, bringing some stability to the Middle East. But it was dogged by an economy in recession, persistent unpopularity and the embarrassment of the Iran hostage crisis that consumed his final 444 days in office. In recent years, Carter had experienced several health issues including melanoma that spread to his liver and brain. Carter decided to receive hospice care in February 2023 instead of undergoing additional medical intervention. His wife, Rosalynn Carter, died on November 19, 2023, at age 96. He looked frail when he attended her memorial service and funeral in a wheelchair. Carter left office profoundly unpopular but worked energetically for decades on humanitarian causes. He was awarded the Nobel Peace Prize in 2002 in recognition of his "untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development." Carter had been a centrist as governor of Georgia with populist tendencies when he moved into the White House as the 39th US president. He was a Washington outsider at a time when America was still reeling from the Watergate scandal that led Republican Richard Nixon to resign as president in 1974 and elevated Ford from vice president. "I'm Jimmy Carter and I'm running for president. I will never lie to you," Carter promised with an ear-to-ear smile. Asked to assess his presidency, Carter said in a 1991 documentary: "The biggest failure we had was a political failure. I never was able to convince the American people that I was a forceful and strong leader." Despite his difficulties in office, Carter had few rivals for accomplishments as a former president. He gained global acclaim as a tireless human rights advocate, a voice for the disenfranchised and a leader in the fight against hunger and poverty, winning the respect that eluded him in the White House. Carter won the Nobel Peace Prize in 2002 for his efforts to promote human rights and resolve conflicts around the world, from Ethiopia and Eritrea to Bosnia and Haiti. His Carter Center in Atlanta sent international election-monitoring delegations to polls around the world. A Southern Baptist Sunday school teacher since his teens, Carter brought a strong sense of morality to the presidency, speaking openly about his religious faith. He also sought to take some pomp out of an increasingly imperial presidency - walking, rather than riding in a limousine, in his 1977 inauguration parade. The Middle East was the focus of Carter's foreign policy. The 1979 Egypt-Israel peace treaty, based on the 1978 Camp David accords, ended a state of war between the two neighbors. Carter brought Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin to the Camp David presidential retreat in Maryland for talks. Later, as the accords seemed to be unraveling, Carter saved the day by flying to Cairo and Jerusalem for personal shuttle diplomacy. The treaty provided for Israeli withdrawal from Egypt's Sinai Peninsula and establishment of diplomatic relations. Begin and Sadat each won a Nobel Peace Prize in 1978. By the 1980 election, the overriding issues were double-digit inflation, interest rates that exceeded 20% and soaring gas prices, as well as the Iran hostage crisis that brought humiliation to America. These issues marred Carter's presidency and undermined his chances of winning a second term. HOSTAGE CRISIS On November 4, 1979, revolutionaries devoted to Iran's Ayatollah Ruhollah Khomeini had stormed the US Embassy in Tehran, seized the Americans present and demanded the return of the ousted shah Mohammad Reza Pahlavi, who was backed by the United States and was being treated in a US hospital. The American public initially rallied behind Carter. But his support faded in April 1980 when a commando raid failed to rescue the hostages, with eight US soldiers killed in an aircraft accident in the Iranian desert. Carter's final ignominy was that Iran held the 52 hostages until minutes after Reagan took his oath of office on January 20, 1981, to replace Carter, then released the planes carrying them to freedom. In another crisis, Carter protested the former Soviet Union's 1979 invasion of Afghanistan by boycotting the 1980 Olympics in Moscow. He also asked the US Senate to defer consideration of a major nuclear arms accord with Moscow. Unswayed, the Soviets remained in Afghanistan for a decade. Carter won narrow Senate approval in 1978 of a treaty to transfer the Panama Canal to the control of Panama despite critics who argued the waterway was vital to American security. He also completed negotiations on full US ties with China. Carter created two new US Cabinet departments - education and energy. Amid high gas prices, he said America's "energy crisis" was "the moral equivalent of war" and urged the country to embrace conservation. "Ours is the most wasteful nation on earth," he told Americans in 1977. In 1979, Carter delivered what became known as his "malaise" speech to the nation, although he never used that word. "After listening to the American people I have been reminded again that all the legislation in the world can't fix what's wrong with America," he said in his televised address. "The threat is nearly invisible in ordinary ways. It is a crisis of confidence. It is a crisis that strikes at the very heart and soul and spirit of our national will. The erosion of our confidence in the future is threatening to destroy the social and the political fabric of America." As president, the strait-laced Carter was embarrassed by the behavior of his hard-drinking younger brother, Billy Carter, who had boasted: "I got a red neck, white socks, and Blue Ribbon beer." 'THERE YOU GO AGAIN' Jimmy Carter withstood a challenge from Massachusetts Senator Edward Kennedy for the 1980 Democratic presidential nomination but was politically diminished heading into his general election battle against a vigorous Republican adversary. Reagan, the conservative who projected an image of strength, kept Carter off balance during their debates before the November 1980 election. Reagan dismissively told Carter, "There you go again," when the Republican challenger felt the president had misrepresented Reagan's views during one debate. Carter lost the 1980 election to Reagan, who won 44 of the 50 states and amassed an Electoral College landslide. James Earl Carter Jr was born on October 1, 1924, in Plains, Georgia, one of four children of a farmer and shopkeeper. He graduated from the US Naval Academy in 1946, served in the nuclear submarine program and left to manage the family peanut farming business. He married his wife, Rosalynn, in 1946, a union he called "the most important thing in my life." They had three sons and a daughter. Carter became a millionaire, a Georgia state legislator and Georgia's governor from 1971 to 1975. He mounted an underdog bid for the 1976 Democratic presidential nomination, and out-hustled his rivals for the right to face Ford in the general election. With Walter Mondale as his vice presidential running mate, Carter was given a boost by a major Ford gaffe during one of their debates. Ford said that "there is no Soviet domination of Eastern Europe and there never will be under a Ford administration," despite decades of just such domination. Carter edged Ford in the election, even though Ford actually won more states - 27 to Carter's 23. Not all of Carter's post-presidential work was appreciated. Former President George W Bush and his father, former President George HW Bush, both Republicans, were said to have been displeased by Carter's freelance diplomacy in Iraq and elsewhere. In 2004, Carter called the Iraq war launched in 2003 by the younger Bush one of the most "gross and damaging mistakes our nation ever made." He called George W Bush's administration "the worst in history" and said Vice President Dick Cheney was "a disaster for our country." In 2019, Carter questioned Republican Donald Trump's legitimacy as president, saying "he was put into office because the Russians interfered on his behalf." Trump responded by calling Carter "a terrible president." Carter also made trips to communist North Korea. A 1994 visit defused a nuclear crisis, as President Kim Il Sung agreed to freeze his nuclear program in exchange for resumed dialogue with the United States. That led to a deal in which North Korea, in return for aid, promised not to restart its nuclear reactor or reprocess the plant's spent fuel. But Carter irked Democratic President Bill Clinton's administration by announcing the deal with North Korea's leader without first checking with Washington. In 2010, Carter won the release of an American sentenced to eight years hard labor for illegally entering North Korea. Carter wrote more than two dozen books, ranging from a presidential memoir to a children's book and poetry, as well as works about religious faith and diplomacy. His book "Faith: A Journey for All," was published in 2018.

A man is facing several drug trafficking and firearm related charges after RCMP in Hay River, N.W.T., discovered a post on social media. According to a news release issued Monday afternoon, the post contained a firearm and alluded to drug trafficking occurring at an apartment on Woodland Dr. in Hay River. Police executed a warrant on Nov. 22 and discovered 17 grams of crack cocaine, 14 grams of fentanyl, a handgun, ammunition and over $3,000 in cash. RCMP arrested five people, four of which were released without charge. Only 39-year-old Savy You of Toronto was charged and arrested. This is his third drug trafficking arrest in a year. The release says that You has previously failed to attend court and was subject to an arrest warrant. He was also required to reside in Toronto. You was charged for trafficking cocaine, fentanyl, possessing an unauthorized restricted weapon as well as a firearm with a tampered serial number. He was also charged with failing to attend court and failing to comply with a release order. The investigation is ongoing, the release says and You will remain in custody.Manchester City boss Pep Guardiola has urged his players to let their performances do the talking, rather than making bold statements on social media. Following Sunday's heavy defeat at Liverpool , City's players have been vocal about their determination to bounce back, with Ruben Dias promising fans that they will see the team's "warriors" spirit and Kyle Walker vowing never to give up on winning more trophies. However, Guardiola has emphasised the importance of results over rhetoric, stating in Tuesday's press conference: "It's just words," and "I know they want it, I don't have doubts about that, but we are not getting results - and you have to get results." He added: "They're not going to come to me and saying they don't believe any more. I would like to help them to find a way to be consistent and win games. Otherwise, I would not decide that I want to be with these players longer." Despite acknowledging the pressure that comes with poor results, Guardiola remains committed to his role, adding: "I accept it and we try to help them. I want to be here and if they want me, then fine." The Spaniard also expressed concerns that City's period of dominance could be drawing to a close following the worst run of his managerial career. Guardiola, who has scooped an astounding 18 trophies in eight years, acknowledged their recent struggles with the team going winless in their last seven games. Last year, Guardiola steered City to a spectacular fourth consecutive Premier League title – his third since taking over, mirroring Manchester United 's historic Treble in the process. However, this term City’s form has dipped dramatically, leaving Guardiola to concede that it may signal the decline of his illustrious side. Currently languishing in fifth place and trailing leaders Liverpool by 11 points, their quest for another Premier League crown seems increasingly unrealistic. In light of questions about whether his squad believes their golden period might be waning, Guardiola confessed: "I don't know. I cannot answer this question." Ahead of City's match against Nottingham Forest, he added, "We will try to extend it as much as possible. We're in December, with many games to play. But when it is going to finish, it is going to finish. "I want to prove we are still an incredible football club. Sooner or later it's going to be the end, but I will try to extend it as much as possible for the best of my club." Recalling earlier triumphs, Guardiola stated, "But even when we were celebrating the Treble, I said it was going to end, but I'd try to continue to push my players, and they responded unbelievably well. "This season, due to many circumstances, everything dropped. If it's the end or not, time will tell."Upcoming Lead Plaintiff Deadline is January 21, 2025 CLICK HERE TO PROVIDE CONTACT INFORMATION AND JOIN THE CASE NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein") announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of persons and entities that purchased or otherwise acquired Zeta Global Holdings Corp. (NYSE: ZETA ) ("Zeta" or the "Company"). Zeta is a cloud-based technology company that provides a marketing platform to assist marketers in acquiring customers. The filed complaint alleges that Zeta represented that its marketing platform was powered by the industry's largest opted-in data set and that Zeta gathered customer data from a network of "consent farms" that artificially inflated the company's growth. A ll investors who purchased shares and incurred losses are advised to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com. If you have incurred losses, you may, no later than January 21, 2025 , request that the Court appoint you as the lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights. CLICK HERE TO PROVIDE CONTACT INFORMATION AND JOIN THE CASE On November 13, 2024 , investment research firm, Culper Research, published a report titled: "Zeta Global Holdings Corp (ZETA): Shams, Scams, and Spam." Based upon Culper's investigation that included proprietary interviews with industry experts and former Zeta employees, the firm found that Zeta's data set had been generated from a network of "consent farms " – i.e., sham websites designed to gather consumer data under false pretenses or awards that did not exist. Culper Research further wrote that these consent farms drove almost the entirety of Zeta's growth over the past two to three years, representing 56% of its Adjusted EBITDA, and could result in devastating regulatory action in response to this. On the release of the report, the price of the company's stock fell 37%, from a closing price of $28.22 per share on November 12, 2024 , to $17.76 per share on November 13 , 2024. If you have incurred losses, you may, no later than January 13, 2025 , request that the Court appoint you as the lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights. Wolf Haldenstein has experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas, and offices in New York , Chicago , Nashville and San Diego. The reputation and expertise of the firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to lead positions in complex securities litigation. If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at [email protected] . Contact: Wolf Haldenstein Adler Freeman & Herz LLP Gregory Stone , Director of Case and Financial Analysis Email: [email protected] or [email protected] Tel: (800) 575-0735 or (212) 545-4774 This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. SOURCE Wolf Haldenstein Adler Freeman & Herz LLP

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