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Drones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Not everybody follows the rules. Sightings at airports have shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks have created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials have called for stricter rules to govern drones. After receiving reports of drone activity last month near Morris County, New Jersey, the Federal Aviation Administration issued temporary bans on drone flights over a golf course in Bedminster , New Jersey, that is owned by President-elect Donald Trump, and over Picatinny Arsenal Military Base . The FAA says the bans are in response to requests from “federal security partners.” The FAA is responsible for the regulations governing their use , and Congress has written some requirements into law. With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam, and not suffer from a ”mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles (4.8 kilometers). Over the past decade, pilots have reported hundreds of close calls between drones and airplanes including airline jets. In some cases, airplane pilots have had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023 . Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology have made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Some state and local officials in New Jersey are calling for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states have enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey, and founder of its drone program, says it's up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It's a brand new technology that's not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” Associated Press reporter Rebecca Santana in Washington, D.C., contributed.
PHILADELPHIA and VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. BCTX BCTXW)) BCT ("BriaCell" or the "Company"), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, today announced the closing of its previously announced underwritten public offering of 7,400,000 common shares and warrants to purchase 7,400,000 common shares at a combined public offering price of $0.75 per share and associated warrant. The warrants have an exercise price of $0.9375 per share and are immediately exercisable upon issuance for a period of five years following the date of issuance. Total gross proceeds from the offering, before deducting the underwriter's discounts and other offering expenses, is $5.55 million. The Company intends to use the net proceeds from the offering for working capital requirements, general corporate purposes, and the advancement of business objectives. ThinkEquity acted as the sole book-running manager for the offering. The securities were offered and sold pursuant to the Company's currently effective shelf registration statement on Form S-3 (File No. 333-276650), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the "SEC") on January 22, 2024 and declared effective on January 31, 2024. The offering was made by means of a prospectus supplement and prospectus which have been filed with the SEC and are available on the SEC's website at www.sec.gov . You should read the prospectus supplement and prospectus for more complete information about the Company and the offering. You may obtain these documents free of charge by visiting the SEC website at www.sec.gov . Alternatively, you may obtain copies by contacting ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About BriaCell Therapeutics Corp. BriaCell is a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care. More information is available at https://briacell.com/ . Forward-Looking Statements This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on BriaCell's current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully under the heading "Risks and Uncertainties" in the Company's most recent Management's Discussion and Analysis, under the heading "Risk Factors" in the Company's most recent Annual Information Form, and under "Risks and Uncertainties" in the Company's other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under the Company's profiles on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov . Forward-looking statements contained in this announcement are made as of this date, and BriaCell Therapeutics Corp. undertakes no duty to update such information except as required under applicable law. Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. Company Contact: William V. Williams, MD President & CEO 1-888-485-6340 info@briacell.com Media Relations: Jules Abraham CORE IR julesa@coreir.com Investor Relations Contact: CORE IR investors@briacell.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Arguments over whether Luigi Mangione is a 'hero' offer glimpse into unusual American moment
Developers face a “use it or lose it” tax for building too slowly under plans being considered to force them to deliver homes more quickly. Ministers are weighing up levies on developers in an effort to cut long delays in starting work on big housing projects. Planning permission will be denied to developers who do not meet building targets and ministers think they may need to go further to increase the pace of housebuilding after Sir Keir Starmer made a pledge to build 1.5 million homes central to Labour’s success. Developers, however, insist they do not hoard land and have clear incentives to build as fast as they can. Angela Rayner , the deputy prime minister, this week set out a series of reforms designed to allow more building, with councils given mandatory housing targets that are 61 per cent higher than current home-building rates.( ) CEO Elon Musk's record 2018 pay deal was rejected again by a Delaware judge, even though shareholders again backed the massive compensation deal in June. Tesla stock fell slightly in after-hours trading. Delaware Court of Chancery Judge Kathaleen McCormick, in a late Monday decision, stuck with her January decision that Tesla's board was too heavily influenced by Elon Musk when awarding the original pay deal in 2018. At the time of the January ruling, the pay deal was worth some $56 billion. In June, some 77% of shareholders voting , or 72% excluding Musk and his brother, Kimbal Musk. Some 63% backed reincorporating Tesla in Texas, from Delaware. Before the June shareholder vote, Musk had suggested he might shift Tesla resources to his privately held xAI if he didn't get the pay deal, as well as further power giving him a 25% voting stake. Judge Kathaleen McCormick wrote in Monday's opinion that, "Even if a stockholder vote could have a ratifying effect, it could not do so here." Tesla could award a new pay package, but with shares valued far more than in 2018, a similar compensation payout would be far more expensive for the EV giant. Back in 2018, the pay deal only was worth $2 billion. Strictly speaking, rejection of Musk's pay deal means that there's less dilution for other shareholders. Tesla Stock TSLA stock fell 1.1% in late trading. Shares rose 3.5% to 357.09 in Monday's stock market trading, a two-year closing high. Tesla began rolling out Full Self-Driving v13 to select outside customers. Two analysts raised price targets on TSLA stock, with FSD optimism a key factor.
The Leading Caster Wheel Manufacturer Revolutionizing Mobility Solutions 12-02-2024 10:38 PM CET | Associations & Organizations Press release from: ABNewswire The Leading Caster Wheel Manufacturer Revolutionizing Mobility Solutions The Significance of Caster Wheels Caster wheels play a vital role in countless industries, enabling smooth and efficient mobility across a diverse range of applications. Whether you require caster wheels for medical equipment, industrial machinery, office chairs, or heavy-duty material handling, it is crucial to select a reputable manufacturer that offers unrivaled quality, durability, and innovation. Unleashing Innovation in Mobility Solutions At our cutting-edge manufacturing facility, we leverage state-of-the-art technology and unparalleled expertise to deliver caster wheels that redefine the standards of performance and reliability. We understand the critical role that caster wheels play in your business operations and are dedicated to engineering solutions that surpass your expectations. Unmatched Quality and Durability Our commitment to excellence begins with sourcing the finest raw materials available in the market. Every caster wheel that rolls out of our facility undergoes rigorous testing and quality control measures, ensuring that it meets the highest industry standards. By investing in our caster wheels, you are guaranteed enhanced load-bearing capacity, exceptional shock absorption, and prolonged service life. Tailored Solutions for Every Industry We recognize that different industries have unique requirements when it comes to caster wheels. Whether you operate in the healthcare, automotive, retail, or hospitality sector, our team of experts is well-versed in crafting tailor-made solutions that cater to your specific needs. From designing specialized caster wheels for medical carts to developing heavy-duty options for manufacturing plants, we have the expertise to optimize mobility in any environment. Unparalleled Expertise and Customer Support With years of experience under our belt, we have amassed unparalleled expertise in the caster wheel manufacturing domain. Our team of skilled engineers, designers, and technicians work in tandem to ensure that every aspect of our products exceeds industry benchmarks. Moreover, we pride ourselves on delivering exceptional customer support, providing guidance and assistance throughout your journey of selecting the perfect caster wheels for your applications. Environmentally Conscious Manufacturing In today's world, sustainability is paramount. We understand the importance of reducing our carbon footprint and have implemented eco-friendly practices throughout our manufacturing processes. By choosing our caster wheels, you not only benefit from their outstanding performance but also contribute to a greener future. Continuous Innovation and R&D As a pioneering force in the caster wheel industry, we consistently push the boundaries of innovation. Our dedicated research and development team stays ahead of emerging trends, constantly exploring new materials, design concepts, and manufacturing techniques. This relentless pursuit of innovation ensures that our customers always have access to the most advanced and cutting-edge caster wheels in the market. Choose us as your preferred caster wheel manufacturer and experience the difference that high-quality, reliable caster wheels can make in your operations. If you want to read more information about how to boost your website traffic, just visit -> "https:// www.zspleyma.com/ " Media Contact Company Name: PLEYMA caster manufacturing Co., Ltd Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=the-leading-caster-wheel-manufacturer-revolutionizing-mobility-solutions ] Country: China Website: https:// www.zspleyma.com/ This release was published on openPR.Trump transition says Cabinet picks, appointees were targeted by bomb threats, swatting attacks
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HELSINKI, Finland--(BUSINESS WIRE)--Dec 2, 2024-- Amer Sports, Inc. (NYSE: AS) (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the launch of a public offering of 34,000,000 ordinary shares. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 5,100,000 ordinary shares. Amer Sports intends to use the net proceeds it receives from the proposed offering to repay a portion of our outstanding borrowings under our term loan facilities. BofA Securities and J.P. Morgan are acting as joint book-running managers for the proposed offering. Goldman Sachs, Morgan Stanley, Citigroup and UBS Investment Bank are acting as bookrunners for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the proposed offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov . Alternatively, copies of the preliminary prospectus may be obtained from BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC, 28255-0001, Attn: Prospectus Department, by email at dg.prospectus_requests@bofa.com ; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 866-803-9204 or by email at prospectus-eq_fi@jpmorganchase.com and postsalemanualrequests@broadridge.com . A registration statement on Form F-1 relating to the proposed offering has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering. About Amer Sports, Inc. Amer Sports is a global portfolio of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, Atomic, and Armada. Our brands are known for their detailed craftsmanship, unwavering authenticity, and premium market positioning. As creators of exceptional apparel, footwear, and equipment, we pride ourselves on cutting edge innovation, performance, and designs that allow elite athletes and everyday consumers to perform their best. With over 11,400 employees globally, Amer Sports’ purpose is to elevate the world through sport. Our vision is to be the global leader in premium sports and outdoor brands. With corporate offices in Helsinki, Munich, Kraków, New York, and Shanghai, we have operations in 40+ countries and our products are sold in 100+ countries. Amer Sports generated $4.4 billion of revenue in 2023. Forward Looking Statements This press release includes statements relating to a potential offering of ordinary shares of the Company that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In many cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “target,” “outlook,” “believes,” “intends,” “estimates,” “predicts,” “potential” or the negative of these terms or other comparable terminology. These statements are based on management’s current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of factors relating to, without limitation: the strength of our brands; changes in market trends and consumer preferences; intense competition that our products, services and experiences face; harm to our reputation that could adversely impact our ability to attract and retain consumers and wholesale partners, employees, brand ambassadors, partners, and other stakeholders; reliance on technical innovation and high-quality products; general economic and business conditions worldwide, including due to inflationary pressures; the strength of our relationships with and the financial condition of our third-party suppliers, manufacturers, wholesale partners and consumers; ability to expand our DTC channel, including our expansion and success of our owned retail stores and e-commerce platform; our plans to innovate, expand our product offerings and successfully implement our growth strategies that may not be successful, and implementation of these plans that may divert our operational, managerial and administrative resources; our international operations, including any related to political uncertainty and geopolitical tensions; our and our wholesale partners’ ability to accurately forecast demand for our products and our ability to manage manufacturing decisions; our third party suppliers, manufacturers and other partners, including their financial stability and our ability to find suitable partners to implement our growth strategy; the cost of raw materials and our reliance on third-party manufacturers; our distribution system and ability to deliver our brands’ products to our wholesale partners and consumers; climate change and sustainability or ESG-related matters, or legal, regulatory or market responses thereto; changes to trade policies, tariffs, import/export regulations, anti-competition regulations and other regulations in the United States, EU, PRC and other jurisdictions, or our failure to comply with such regulations; ability to obtain, maintain, protect and enforce our intellectual property rights in our brands, designs, technologies and proprietary information and processes; ability to defend against claims of intellectual property infringement, misappropriation, dilution or other violations made by third parties against us; security breaches or other disruptions to our IT systems; changes in government regulation and tax matters; our ability to remediate our material weakness in our internal control over financial reporting; our relationship with our significant shareholders; other factors that may affect our financial condition, liquidity and results of operations; and other risks and uncertainties set out in filings made from time to time with the SEC and available at www.sec.gov , including, without limitation, our reports on Form 20-F and Form 6-K. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. Source: Amer Sports, Inc. View source version on businesswire.com : https://www.businesswire.com/news/home/20241202071396/en/ CONTACT: Investor Relations: Omar Saad Vice President, Finance and Investor Relations omar.saad@amersports.comMedia : Reeta Eskola Director, Communications reeta.eskola@amersports.com KEYWORD: FINLAND EUROPE INDUSTRY KEYWORD: FASHION FOOTWEAR RETAIL SPORTS OUTDOORS SPECIALTY SOURCE: Amer Sports, Inc. Copyright Business Wire 2024. PUB: 12/02/2024 04:43 PM/DISC: 12/02/2024 04:43 PM http://www.businesswire.com/news/home/20241202071396/en
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FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setupBy ROB GILLIES TORONTO (AP) — Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday. Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across southern and northern borders. He said he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. A Canadian government official said Canada is preparing for every eventuality and has started thinking about what items to target with tariffs in retaliation. The official stressed no decision has been made. The person spoke on condition of anonymity as they were not authorized to speak publicly. When Trump imposed higher tariffs during his first term in office, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of new duties in 2018 against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum. Many of the U.S. products were chosen for their political rather than economic impact. For example, Canada imports $3 million worth of yogurt from the U.S. annually and most comes from one plant in Wisconsin, home state of then-House Speaker Paul Ryan. That product was hit with a 10% duty. Another product on the list was whiskey, which comes from Tennessee and Kentucky, the latter of which is the home state of then-Republican Senate leader Mitch McConnell. Trump made the threat Monday while railing against an influx of illegal migrants, even though the numbers at Canadian border pale in comparison to the southern border. The U.S. Border Patrol made 56,530 arrests at the Mexican border in October alone — and 23,721 arrests at the Canadian one between October 2023 and September 2024. Canadian officials say lumping Canada in with Mexico is unfair but say they are happy to work with the Trump administration to lower the numbers from Canada. The Canadians are also worried about a influx north of migrants if Trump follows through with his plan for mass deportations. Trump also railed about fentanyl from Mexico and Canada, even though seizures from the Canadian border pale in comparison to the Mexican border. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border last fiscal year, compared with 21,100 pounds at the Mexican border. Related Articles National Politics | Trump selects longtime adviser Keith Kellogg as special envoy for Ukraine and Russia National Politics | Trump’s tariffs in his first term did little to alter the economy, but this time could be different National Politics | Boston Mayor Wu: Mass deportation comments were ‘never directed’ to federal officials National Politics | Will Trump’s return lead to a new wave of bestselling books? National Politics | Southwest states certify election results after the process led to controversy in previous years Canadian officials argue their country is not the problem and that tariffs will have severe implications for both countries. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports are from Canada. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security. “Canada is essential to the United States’ domestic energy supply,” Deputy Prime Minister Chrystia Freeland said. Trump has pledged to cut American energy bills in half within 18 months, something that could be made harder if a 25% premium is added to Canadian oil imports. In 2023, Canadian oil accounted for almost two-thirds of total U.S. oil imports and about one-fifth of the U.S. oil supply. Prime Minister Justin Trudeau is holding a emergency virtual meeting on Wednesday with the leaders of Canada’s provinces, who want Trudeau to negotiate a bilateral trade deal with the United States that excludes Mexico. Mexican President Claudia Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.”
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