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LOS ANGELES--(BUSINESS WIRE)--Dec 22, 2024-- Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based technology company specializing in artificial intelligence electric vehicles (AIEV), announced that it has secured approximately $30 million in cash financing commitments. The funds will be used to accelerate the Company’s growth and the development of Faraday X (FX), FF’s strategy of launching affordable high performance AIEV equipped vehicles with cutting edge technology, filling the U.S. market gap in this segment, and for general corporate purposes. Targeting the mainstream EV market in the U.S., FF is expected to have its first two FX prototype mules arrive in Los Angeles later this month, with product development and testing scheduled to begin at FF’s manufacturing facility in Hanford, CA. As part of their delivery journey, the two prototype mules will stop in Las Vegas from January 5 to 7, 2025, where the Company will provide updates on its FX strategy. The $30 million financing commitment includes a pre-funded $7.5 million, which was received in the fourth quarter of this year, and $22.5 million in new cash commitments (the “Financing”), structured in the form of unsecured convertible notes (“Convertible Notes”) and warrants to acquire additional shares of the Company’s common stock (“Warrants”). The conversion price for the Convertible Notes and exercise price for the Warrants are $1.16 and $1.392 per share, respectively, subject to adjustment as set forth therein. The shares of common stock underlying the Convertible Notes and Warrants issued in the Financing are currently unregistered, subject to trading restrictions, and not immediately tradable. The Financing is subject to customary closing conditions. For additional information regarding the material terms relating to the Financing, please see the Company’s Form 8-K to be filed with the SEC on December 23, 2024. “The new funding lays a solid foundation for both FF and its new brand as the Company approaches the end of 2024 and enters the new year,” said Matthias Aydt, Global CEO of FF “I am optimistic about the opportunities that this new funding will bring, including supporting the ongoing production of our FF 91 2.0 and the growth of the FX brand,” Aydt explained. “We are pleased to have supported FF in successfully completing this round of financing,” said Jerry Wang, President of FF Global Partners and Head of Corporate Development, FFIE (Consultant), “We are enthusiastic about the promising opportunities ahead for the FX brand, and we firmly believe in FF's ability to execute its strategy effectively and deliver significant value in the process.” The Convertible Notes, along with the Warrants, were offered and sold in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act and in reliance on similar exemptions under applicable state laws. Accordingly, the Convertible Notes, Warrants and underlying shares of common stock issuable upon conversion of the Convertible Notes and exercise of the Warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. The Company has agreed to file one or more registration statements with the Securities and Exchange Commission registering the resale of the shares of common stock issuable upon conversion of the Convertible Notes and exercise of the Warrants issued in connection with the Financing. This press release does not constitute an offer to sell or the solicitation of an offer to buy the convertible notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful prior to registration or qualification under the securities laws of any such jurisdiction. ABOUT FARADAY FUTURE Faraday Future is the pioneer of the Ultimate AI TechLuxury market amidst the global trend of EVs. Luxury is just one of the key factors reflecting FF’s achievements in reshaping the EV industry. The company is dedicated to establishing an ever-evolving, interactive in-car software and operating system powered by artificial intelligence and user-generated data, optimizing the experience for each individual within an ecosystem of worldwide users who are also contributors to the innovative FF model. FORWARD LOOKING STATEMENTS This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the closing of the Convertible Notes financing, the Faraday X (FX) strategy and plans for the FX brand, the delivery of two prototype mules, and anticipated use of funds from the Convertible Notes financing, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: that the closing of the Financing could be delayed or not occur at all; the timing for the two prototype mules to clear U.S. customs; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warrant claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com : https://www.businesswire.com/news/home/20241222966710/en/ CONTACT: Investors (English):ir@faradayfuture.com Investors (Chinese):cn-ir@faradayfuture.com Media:john.schilling@ff.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: LUXURY ALTERNATIVE VEHICLES/FUELS TECHNOLOGY EV/ELECTRIC VEHICLES AUTOMOTIVE AUTOMOTIVE MANUFACTURING SOFTWARE MANUFACTURING RETAIL ARTIFICIAL INTELLIGENCE SOURCE: Faraday Future Intelligent Electric Inc. Copyright Business Wire 2024. PUB: 12/22/2024 05:11 PM/DISC: 12/22/2024 05:09 PM http://www.businesswire.com/news/home/20241222966710/enHow Washington outsider Jimmy Carter wooed voters tired of Vietnam and WatergateSpetz Announces Proposed $500,000 Offering, Shares for Debt Settlements and Restructuring of Convertible Debentures

Something unusual happened when a journalist in New York called a toll-free 1-800 number last week. The reason for the call wasn't to reach a particular product helpline, but because she wanted to find out about something entirely new. Sitting at her desk, perhaps somewhat anxious, she typed out the number on her phone - 1-800-242-8478. After an initial disclaimer, the phone rang. A woman promptly answered the phone. The conversation began with a cheerful 'Hi!', and what happened next, left her fascinated. The woman who answered the phone seemed to be able to talk about absolutely anything - from giving the recipe for chocolate-chip cookies to an insightful account of the American Civil War. 1-800-242-8478 was indeed 1-800-ChatGPT. Ten days ago, OpenAI, the creators of ChatGPT, introduced a voice service in the United States, especially for those who do not have the App or aren't tech-savvy. The tech firm believes this could help them get the answers they need over a regular phone call - speaking with someone who sounds like a pleasant and helpful 'human being', except, she's an AI chatbot. There are a few limitation though - while the number in itself is toll-free, the service is free only for 15 minutes per number, per month, and is currently available only in the US. For the rest of the world, OpenAI said it has launched a text service directly on WhatsApp. The number is the same - 1-800-ChatGPT. OpenAI's chief product officer Kevin Weil said that these new features were a project that the team worked up only in the last few weeks. The company believes that these two new features are very important to expand the reach of AI and introduce it to even those without access to high-speed internet. Interestingly though, OpenAI isn't the first company to introduce a voice feature over a phone call. Google had done something similar 17 years ago. Google's GOOG-411 or 'voice local search' feature was launched back in 2007. It provided a speech-recognition-based business directory search. However, it was mysteriously shut down in 2010 and Google never declared why. Though solutions being just a call away makes life simpler, many have raised valid concerns. 'Will my calls be recorded?', 'Will my voice and speech be used as a sample to train AI?', 'Can my voice be replicated in case of a data leak?', 'Can such technology manipulate human emotions?', 'Can people get emotionally attached to AI?', 'Will it lead to people seeking companionship with an AI?', 'Will people get too dependent on a human-sounding chatbot?', 'What impact will it have on those who are lonely?' - Several such though-provoking questions were asked by users online. According to a report, when it questioned whether users agree for OpenAI to record or store their voice while using the feature, OpenAI told them to refer to a copy of their 'privacy policy' and 'Terms of Use' manual. "Before users begin speaking to ChatGPT over the phone, they must agree to OpenAI's Terms of Use and privacy policy by clicking on a button to 'proceed' with the call" they were informed. A disclaimer is also read out to all users informing them that OpenAI may "review the data for safety purposes". On Friday, OpenAI officially declared plans to lay out an entirely new corporate structure - one that will likely end its control by a non-profit. OpenAI was founded as a non-profit organisation in 2015. It later switched to a "capped" for-profit enterprise, which allowed the tech firm a limited level of money making. Now it says that the ceiling limit will be removed. In a blog post, OpenAI said it plans to restructure as a 'for-profit PBC' or Public Benefit Corporation. This would "requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decision making." "It will enable us to raise the necessary capital with conventional terms like others in this space," OpenAI added. However, OpenAI's restructuring efforts will likely face obstacles, with Elon Musk reportedly asking a US court to stop OpenAI from converting into a for-profit enterprise. To remove this article -

Diablo 4 Update: Game-Changing Technological LeapBut these simulations can also injure and deceive us G ames are a kind of untrue truth, says Kelly Clancy in Playing With Reality: How Games Have Shaped Our World . The book’s about how human intelligence, morality, trade and military strategy have been bound up with gameplay. Play is an instinct, but games teach us social norms and morality. Moksha Patam (Snakes and Ladders) was designed to teach players about karma and the precarity of fate. Backgammon held cosmic significance in Persia, Buddhist monks saw the board game Go as a kind of moral meditation, senet taught Egyptians about the afterlife. When we play a game, we enter into its order. You can’t be a pacifist while playing Call of Duty, you have to play Monopoly like a ruthless capitalist. Games of chance are latent in our neurob iology, we explore and enjoy uncertainty. Many human societies have used games as a peaceful proxy for war. Following chaturanga and chess, based on warring military formations, the late 18th century game of Kriegsspiel became the basis of all European war simulations. It was critical to world wars, and continues to be used by modern militaries. US military has a dedicated esports unit; video games like America’s Army were used to recruit and train soldiers; Hezbollah released its own game in response. Play is a tool the brain uses to generate data on which to train itself and games represent a model of how our brain works. But they are ultima tely mathematical objects. The orderly randomness of dice is no substitute for the untamed randomness of the world. Real people are not the passive objects of physics, and cannot be understood through models. Much of the book dwells on this distinction, as models and game theory have increasingly pervaded our world. SimCity, the popular computer game, inspired a generation of urban designers, skewing civic ideas. The hyper-libertarian health policy game SimHealth involved spending finite political currency, pitting Liberty against Equality or Community against Efficiency, and so on, as though these values were necessarily opposed. Assumptions are everything, and they can seep in insidiously through play. Gamification is a wonderful idea in principle: by leveraging our natural play instincts, we improve our lives. In practice, corporate thought has hijacked it, to extract money and attention, to addict players with ‘dark design’ practices. Gaming communities have been mobilised into troll armies in US, China uses gamification techniques to control citizens through rewards and punishments. Video games are a great learning technology but also tools of tailored surveillance today, as we trade our autonomy for entertainment. Much of the book focuses on game theory, its wide applications today, as we search for universal solutions through abstract maths. It has allowed amazing feats in biology and genetics, bringing predictive capacities into complex life-science. But games are also dangerous fiction. Their rules and rewards can replace people’s actual preferences. Game theory promises to automate decisions, but it’s never a full account of human behaviour. For the sake of mathematical simplicity, game theorists exclude our social nature, the fact that we learn from each other and from our circumstances. It has been used to launder arbitrary ideologies, which are mistakenly held up as the objective truth. A technical rule-based system can never contend with the surprises of nature, life and human behaviour. It is technocratic folly to imagine it can.

Farage: Badenoch must apologise for ‘crazy conspiracy theory’ on Reform numbers

The Carter Center said the 39th president died Sunday afternoon, more than a year after entering hospice care , at his home in Plains, Georgia, where he and his wife, Rosalynn, who died in November 2023, lived most of their lives. The center said he died peacefully, surrounded by his family. A moderate Democrat, Carter ran for president in 1976 as a little-known Georgia governor with a broad grin, effusive Baptist faith and technocratic plans for efficient government. His promise to never deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter said. Carter’s victory over Republican Gerald Ford, whose fortunes fell after pardoning Nixon, came amid Cold War pressures, turbulent oil markets and social upheaval over race, women’s rights and America’s role in the world. His achievements included brokering Mideast peace by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at Camp David for 13 days in 1978. But his coalition splintered under double-digit inflation and the 444-day hostage crisis in Iran. His negotiations ultimately brought all the hostages home alive, but in a final insult, Iran didn’t release them until the inauguration of Ronald Reagan, who had trounced him in the 1980 election. Humbled and back home in Georgia, Carter said his faith demanded that he keep doing whatever he could, for as long as he could, to try to make a difference. He and Rosalynn co-founded The Carter Center in 1982 and spent the next 40 years traveling the world as peacemakers, human rights advocates and champions of democracy and public health. Awarded the Nobel Peace Prize in 2002, Carter helped ease nuclear tensions in North and South Korea, avert a U.S. invasion of Haiti and negotiate cease-fires in Bosnia and Sudan. By 2022, the center had monitored at least 113 elections around the world. Carter was determined to eradicate guinea worm infections as one of many health initiatives. Swinging hammers into their 90s, the Carters built homes with Habitat for Humanity. The common observation that he was better as an ex-president rankled Carter. His allies were pleased that he lived long enough to see biographers and historians revisit his presidency and declare it more impactful than many understood at the time. Propelled in 1976 by voters in Iowa and then across the South, Carter ran a no-frills campaign. Americans were captivated by the earnest engineer, and while an election-year Playboy interview drew snickers when he said he “had looked on many women with lust. I’ve committed adultery in my heart many times,” voters tired of political cynicism found it endearing. The first family set an informal tone in the White House, carrying their own luggage, trying to silence the Marine Band’s traditional “Hail to the Chief" and enrolling daughter, Amy, in public schools. Carter was lampooned for wearing a cardigan and urging Americans to turn down their thermostats. But Carter set the stage for an economic revival and sharply reduced America's dependence on foreign oil by deregulating the energy industry along with airlines, trains and trucking. He established the departments of Energy and Education, appointed record numbers of women and nonwhites to federal posts, preserved millions of acres of Alaskan wilderness and pardoned most Vietnam draft evaders. Emphasizing human rights , he ended most support for military dictators and took on bribery by multinational corporations by signing the Foreign Corrupt Practices Act. He persuaded the Senate to ratify the Panama Canal treaties and normalized relations with China, an outgrowth of Nixon’s outreach to Beijing. But crippling turns in foreign affairs took their toll. When OPEC hiked crude prices, making drivers line up for gasoline as inflation spiked to 11%, Carter tried to encourage Americans to overcome “a crisis of confidence.” Many voters lost confidence in Carter instead after the infamous address that media dubbed his “malaise" speech, even though he never used that word. After Carter reluctantly agreed to admit the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979. Negotiations to quickly free the hostages broke down, and then eight Americans died when a top-secret military rescue attempt failed. Carter also had to reverse course on the SALT II nuclear arms treaty after the Soviets invaded Afghanistan in 1979. Though historians would later credit Carter's diplomatic efforts for hastening the end of the Cold war, Republicans labeled his soft power weak. Reagan’s “make America great again” appeals resonated, and he beat Carter in all but six states. Born Oct. 1, 1924, James Earl Carter Jr. married fellow Plains native Rosalynn Smith in 1946, the year he graduated from the Naval Academy. He brought his young family back to Plains after his father died, abandoning his Navy career, and they soon turned their ambitions to politics . Carter reached the state Senate in 1962. After rural white and Black voters elected him governor in 1970, he drew national attention by declaring that “the time for racial discrimination is over.” Carter published more than 30 books and remained influential as his center turned its democracy advocacy onto U.S. politics, monitoring an audit of Georgia’s 2020 presidential election results. After a 2015 cancer diagnosis, Carter said he felt “perfectly at ease with whatever comes.” “I’ve had a wonderful life,” he said. “I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” Contributors include former AP staffer Alex Sanz in Atlanta.Viral video shows delivery driver receiving massive holiday tip

Andy Cohen’s biggest gripe with CNN star and New Year’s Eve partner-in-crime Anderson Cooper? Cooper’s annual giggle fit. Cohen explained to People why the anchor’s unceasing laughter adds extra chaos throughout their annual special. “Well, [it’s] that I have to be the straight guy,” Cohen said. “Literally, he’s in a puddle of giggles for the last 90 minutes of the broadcast, and I’m the one that’s hitting all the commercial breaks.” Cohen said he turns “into Mr. CNN for the last 90 minutes” while Cooper becomes “Mr. Bravo.” “It’s a very funny role reversal,” the Bravo star said. The longtime friends have hosted the CNN event together since 2017 after former co-host Kathy Griffin was booted in the wake of backlash for posing with a mask depicting the severed head of Donald Trump. Cohen and Cooper have found themselves in various antics since then— some alcoholic , some not —leading to Cooper’s own frustrations with the Bravo host. Cooper joked on Cohen’s Watch What Happens Live earlier this month that he constantly worries about “who [Cohen’s] gonna insult and what the clean up on aisle 3 is gonna be in the morning.” Billionaire businessman Charles Dolan, who founded HBO and Cablevision and whose family owns Madison Square Garden and a number of New York City sports teams, died on Saturday—he was 98. Dolan created Cablevision Systems Corporation in 1973, merging several small Long Island cable TV systems, according to the New York Times . At the time, the company served just 1,500 customers. But when he sold it for $17.7 billion in 2015, it supplied cable TV to over three million households in the New York metropolitan area, the Times reported. He also launched HBO in the early ’70s—it was at the time a pioneering cable TV channel that offered feature-length movies with no commercials. After his death, Dolan’s family will continue to be a powerful and influential force in the worlds of media and sports. His son Patrick is the owner of Newsday , the Long Island-based newspaper he and Charles bought in 2016. The family also owns MSG in New York City and the professional sports teams that play there, the NHL’s Rangers and the NBA’s Knicks. All three entities are led by Dolan’s son James. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Boxing Week sales are still in full swing, folks! As an avid J.Crew fan , I can honestly say that the brand’s discount-laden factory store (the brand’s online outlet) is a great way to get high-quality wardrobe staples without the big price tag. J.Crew Factory always offers discounts up to 40 percent off J.Crew, but for a limited time, you can unlock even more savings from already discounted items. Right now, J.Crew Factory is offering 70 percent off clearance items with the code SALE70 at checkout. Now’s the time to invest in evergreen staples like jeans and office-friendly blazers while they’re half off, or grab a few outwear essentials to round out your cold-weather lineup. The sale also includes tons of denim for just $50, pure cotton crewneck T-shirts for $20, and even new arrivals like NYE frocks and cashmere items. And the sale is not just for women; the gents’ and kids’ sections are equally full of additional savings. Tina Knowles sprang to her daughter Beyoncé’s defense after online trolls criticized her NFL halftime show performance on Christmas Day. Knowles clapped back at critics by reposting a message about her famous daughter on her Instagram on Friday. In the screenshot, user @iamkrisiman praised Beyoncé and wrote that “no matter how undeniably talented you are, people will always, ALWAYS, always have some negative ish to say.” Knowles cosigned the post in a lengthy caption. “It is mind-boggling to me that you would take your precious Christmas day and watch a performance of someone you hate and you don’t think has talent so that you can go talk ish about it later,” she wrote. “Obviously you are so obsessed with them, addicted to them, and secretly admire them,” she added. According to the New York Post, Knowles’ post came after some social media users called Beyoncé “overrated.” Fans and celebrities in the comments of Knowles’ response seemed to love her mama bear energy. “Period!!! Ms. T,” singer LeToya Luckett wrote. “All. Of. This!!!!!!” Oscar winner Octavia Spencer added. A post shared by Tina Knowles (@mstinaknowles) Elon Musk appeared to borrow a line from the 2008 film Tropic Thunder in an ongoing social media fight about H1B visas. Musk hit back against MAGA’s top players in a series of X posts, alleging that H1B visas are the reason why he, “and hundreds of other companies that made America strong,” are in the country. To a skeptical X user, Musk blasted: “Take a big step back and F--- YOURSELF in the face. I will go to war on this issue the likes of which you cannot possibly comprehend.” Although some were shocked by Musk’s sudden escalation—with former Trump strategist Steve Bannon calling him a “toddler”—others noticed that the disparaging remark was similar to a line in Tropic Thunder . Character Les Grossman, played by Tom Cruise, says in the film: “First, take a big step back, and literally, F--- YOUR OWN FACE ... I don’t know what kind of pan-pacific bulls--t power play you’re trying to pull here, but Asia, Jack, is my territory. So whatever you’re thinking, you’d better think again.” In response to Musk’s comment, the X user tweeted, “Bro was just memeing. I wouldn’t take it too seriously.” Nothing beats the classics pic.twitter.com/MRSdXifhH5 Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. If you’re looking to revamp your at-home fitness lineup ahead of 2025 and don’t have hours to commit to exercising each day, allow us to introduce you to the CAROL Bike . The science-backed and AI-powered fitness bike is engineered to give you maximum results in the shortest time possible—and by the shortest time, we mean as little as five minutes. In fact, according to the brand, the CAROL bike is “proven to deliver double the health and fitness benefits in 90 percent less time compared to regular cardio.” Free Returns | Free Shipping Not only is it a huge time-saver, but the CAROL Bike is also designed to be personalized to the rider’s individual fitness levels, goals, and preferences, making the workouts easy to follow, time-efficient, and super effective. CAROL’s AI and Reduced Exertion HIIT (REHIT) technology optimizes the workout to your ability and fitness level, so every second matters. The personalized, optimal resistance levels are automatically adjusted as you work out—at exactly the right time—making the most efficient workouts easy to follow. “ CAROL Bike is designed to maximize training efficiency, with the shortest, most effective workouts, backed by science. And new rider-inspired features that give riders more flexibility to exercise their way,” says Ulrich Dempfle, CEO & Co-Founder at CAROL. You can try the CAROL Bike for yourself risk-free for 100 days, and the brand offers free shipping (7-10 business days) in the U.S. Charles Shyer, the writer-director best known for directing the 1991 Steve Martin comedy Father of the Bride has died at 83. According to Deadline, Shyer died Friday and no cause of death was given by his family in a statement. “His loss leaves an unfillable hole in our lives, but his legacy lives on through his children and the five decades of wonderful work he’s left behind. We honor the extraordinary life he led and know there will never be another quite like him,” his family told the outlet. In addition to directing, Shyer gained notoriety for his screenwriting and nabbed an Oscar nomination in 1981 for co-writing the Goldie Hawn-led military comedy Private Benjamin alongside Harvey Miller, and fellow writer-director Nancy Meyers. Meyers and Shyer married in 1980 before calling it quits in 1999. They share two daughters. Other notable films co-written by Shyer include Jumpin’ Jack Flash , The Parent Trap , and Baby Boom , which he also directed. His most recent credit behind the camera was co-writing and directing the 2023 Netflix Holiday film Best. Christmas. Ever. A Norwegian chess champion left mid-tournament after refusing to change his outfit for judges. Magnus Carlsen, a five-time World Chess Champion, was competing in New York’s FIDE World Rapid and Blitz Chess Championships on Friday when he was asked to change. According to The Telegraph , Carlsen was first fined $200 for breaking the wardrobe rule before being told he would have to leave if he didn’t change. “I said, ‘I’ll change tomorrow if that’s OK.’ I didn’t even realize it today, but they said, ‘Well you have to change now.’ At that point it became a bit of a matter of principle for me,” Carlsen told chess outlet Take Take Take in an interview. “Honestly, I am too old at this point to care too much. If this is what they want to do,” he added. As for why he wore the jeans in the first place, Carlsen said he had little time to change before the tournament as he was coming from a meeting. The grandmaster made light of the debacle on X where he tweeted a photo of the now notorious jeans. “OOTD,” he captioned the snap. OOTD pic.twitter.com/9reOP6zuJv Gossip Girl star Chanel Maya Banks , who made headlines last month after denying her family’s claims that she had gone missing, has filed a restraining order against her mother and cousin. The 36-year-old submitted the request in Los Angeles on Thursday, alleging her mom, Lutchmin Judy Kumar, and cousin, Danielle Singh have harassed her, TMZ reported. The actor also claimed that her mother and cousin were working to destroy her credibility. In October, Banks’ family reported her missing. She denied the claims in a post days later. Banks wrote in the restraining order filing that Kumar and Singh broke into her apartment in November while she was gone and attacked her husband. She also alleged that an Apple AirTag was put on her car to track her. After the attack, she alleged that her mother and cousin accused her husband of murder and said that Banks should be in a psychiatric hold. Sources told TMZ that they’re happy she is safe and are “moving on with their lives.” R&B singer Ne-Yo announced Friday that a popular professional boxer under his management has died at age 35. In a joint statement posted by the Grammy-winner and the boxer’s family, Ne-Yo, real name Shaffer Chimere Smith, announced “the passing of beloved son, brother, friend and boxing champion Paul Bamba, whose light and love touched countless lives.” Hailing from Puerto Rico, Bamba became one of the first boxing talents to sign to Ne-Yo’s management company in 2024. Bamba won all of his bouts in 2024 by knock out and recently claimed WBA’s secondary “gold” cruiserweight title after knocking out Rogelio Medina. “He was a fierce yet confident competitor with an unrelenting ambition to achieve greatness. But more than anything, he was a tremendous individual who inspired many with his exceptional drive and determination,” the statement added. Bamba was the No. 12 ranked contender by the WBA and seemed set on fighting in more high profile matches—challenging boxer Jake Paul to “holla at us” in one post. Paul shared his condolences on X, writing, “RIP Paul Bamba.” RIP Paul Bamba https://t.co/ovu7egrGHn Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. 2025 is quickly approaching, and there’s no better way to celebrate the new year than with 2024’s cocktail du jour—the espresso martini. It’s the perfect way to toast 2025 with sophistication, flavor, and an energy boost. Think you can’t make the buzzy beverage at home because you’re not a bartender? Think again. You can create this beloved cocktail effortlessly with just a cocktail shaker, fresh espresso, vodka, coffee beans, and Mr Black Cold Brew Coffee Liqueur . It all starts in the land Down Under—Australia. Mr Black sources its ingredients, including 100 percent specialty-grade Arabica coffee, from local farmers and cooperatives. The liqueur is then slowly brewed with purified cold water to preserve its delicate, complex flavors. The result? A bittersweet masterpiece with bold flavor, balanced sweetness, and a lasting coffee kick. Its rich, coffee-forward taste is a crowd-pleaser, and the sleek bottle design adds a touch of elegance to any bar cart. Making an espresso martini is simple. Combine Mr Black , vodka, and freshly brewed espresso in a shaker. Add ice and shake vigorously until cold. Then, strain the mixture into a martini glass and finish with three coffee beans as a garnish. Skip the champagne toast this year and ensure you stay awake for the countdown to 2025 with a Mr Black espresso martini. Argentine-born British actress Olivia Hussey, known primarily for her role as Juliet in director Franco Zeffirelli’s 1968 film adaptation of William Shakespeare’s Romeo and Juliet , and as final girl Jess Bradford in the 1974 slasher Black Christmas , died Friday. She was 73. Friend and filmmaker Marc Huestis confirmed the news to the San Francisco Chronicle . A post on Hussey’s Instagram profile informed fans: “It is with profound sadness that we announce the passing of Olivia Hussey Eisley, who went peacefully at home surrounded by her loved ones. Olivia was a remarkable person whose warmth, wisdom, and pure kindness touched the lives of all who knew her.” Hussey was born in Buenos Aires to opera singer Andrés Osuna and Joy Hussey, a legal secretary from England. Hussey studied drama at London’s Italia Conti Academy, and was a professional actress by the time she was 13. She was 16 when she starred opposite Leonard Whiting in Romeo and Juliet —roles that earned each a Golden Globe for Most Promising Newcomer. Hussey later appeared in the films Death on the Nile, Virus, and the 1990 horror miniseries It , based on the Stephen King novel. A Democratic Florida state representative announced she is defecting from her party and joining the Republicans because the Democrats are too open to “extreme progressive voices.” Hillary Cassel, who is Jewish, said in a statement on X that she was “increasingly troubled by the Democratic Party’s failure to unequivocally support Israel” in its war with Hamas. “I’m constantly troubled by the inability of the current Democratic Party to relate to everyday Floridians,” she added. “I can no longer remain in a party that doesn’t represent my values. I know I won’t always agree on every detail with every Republican, but I do know that I will always have input, collaboration, and respect.” Cassel first won office in Florida’s 101st district in 2022, beating out her Republican opponent by seven points, according to Ballotpedia. She won re-election two months ago, running unopposed. Earlier this month, another Democrat in Florida’s house, Susan Valdes, announced that she would join the Republicans because she felt “ignored” by her party, according to the Tallahassee Democrat .Amid a fall season characterized by restive shareholders seeking an activist bid to unseat senior management and change the trajectory of the company, Pfizer ( PFE 2.29% ) is communicating that everything is under control. Per its updated forecast for its 2024 and 2025 fiscal years on Dec. 17, the overarching message is that the pharma will continue to seek to control its costs while bolstering its portfolio of medicines as usual. But does that make the stock a buy, or is there reason to be cautious? Let's dig into the details here and make a judgment. This new forecast is a mixed bag To begin, let's compare the new outlook issued by management for 2025 with its recent performance to get a sense of how significant the coming 12 months will be for shareholders. Pfizer's trailing-12-month (TTM) revenue is $59.3 billion, whereas its TTM normalized diluted earnings per share (EPS) is $1.55. Per the updated projection for next year, the business anticipates bringing in revenue of as much as $64 billion, and adjusted diluted EPS of between $2.80 and $3.00. But here's where shareholders are apt to frown. According to the reaffirmed forecast for this year, 2024, the company expects to bring in as much as $64 billion in revenue, and as much as $2.95 in adjusted diluted EPS. See the issue? Even if things go well enough that sales and earnings end up in the upper ranges of management's forecasts, there won't be much in the way of top or bottom-line growth between 2024 and 2025. That means management's plan to implement $500 million in cost savings in 2025 will hardly make a dent. On the bright side, a separate cost-savings campaign dedicated to manufacturing specifically is expected to start to deliver in the second half of 2025, so that might make 2026 a bit better from an earnings perspective. Plus, the overlapping forecast for 2024 and 2025 are, to an extent, a mirage; after removing non-recurring items from this year's forecast performance, Pfizer thinks that its revenue could grow by as much as 5% and its adjusted diluted EPS by as much as 18% in 2025. Still, that isn't actually very reassuring, as management is frank that performing at the lower ends of its estimates would result in zero revenue growth and just 10% EPS growth year over year. The long term looks a bit better than the near term What should investors make of this update from management? For one, there hasn't been much discussion of how the business is going to grow faster in the near future than it is today, which suggests no upcoming major changes in strategy. The previously established goals of becoming more efficient, becoming a world leader in oncology drugs, and continuing to return capital to shareholders while reducing the company's debt burden are still in progress. Likewise, research and development (R&D) activities will continue to be fully funded, and while it hasn't been explicitly mentioned, there is a high probability that Pfizer will continue to look for opportunities to acquire promising biotechs or their pharmaceutical assets to bolster the pipeline. More importantly, shareholders need to brace themselves for another year of the stock being in the doldrums. There's no obvious pending catalyst that would enable big price appreciation. At the same time, if you're interested in collecting a dividend with a toothsome forward yield of 6.7%, right now looks like a great time to buy more shares or invest for the first time -- except for the fact that Pfizer is paying out significantly more than it's generating in earnings; its payout ratio is a lofty 223%. The risk of the dividend getting cut is not very high at the moment, but if weak growth continues for a couple of years longer, it could be on the table, especially if there's an unlucky run of late-stage programs that fail in the pipeline. With all of the above in mind, this stock is still worth buying, provided that you're willing to hold onto it through the slow period ahead. Just be aware that the risk is higher here than it would normally be with a big pharma stock, as this giant looks like it's moving slower than its shareholders might prefer.Is Walmart open on new year’s day in 2025? This we know

What happens next to workers in 'slavery-like conditions' at BYD's site in Brazil?FMC Co. ( NYSE:FMC – Get Free Report ) announced a quarterly dividend on Friday, December 13th, RTT News reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.58 per share by the basic materials company on Thursday, January 16th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend is Tuesday, December 31st. FMC has raised its dividend by an average of 8.8% annually over the last three years. FMC has a payout ratio of 50.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect FMC to earn $4.68 per share next year, which means the company should continue to be able to cover its $2.32 annual dividend with an expected future payout ratio of 49.6%. FMC Stock Down 0.2 % NYSE FMC opened at $49.01 on Friday. The company has a market cap of $6.12 billion, a price-to-earnings ratio of 4.22, a PEG ratio of 1.48 and a beta of 0.80. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $57.39 and a 200-day moving average of $59.57. FMC has a 1-year low of $47.73 and a 1-year high of $68.72. Insider Activity In other news, VP Jacqueline Scanlan sold 4,529 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $59.67, for a total transaction of $270,245.43. Following the completion of the sale, the vice president now directly owns 28,649 shares in the company, valued at $1,709,485.83. This represents a 13.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website . Insiders own 0.85% of the company’s stock. Analyst Ratings Changes Several analysts recently weighed in on FMC shares. UBS Group reduced their price objective on FMC from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Royal Bank of Canada raised their price target on shares of FMC from $78.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Citigroup decreased their price target on shares of FMC from $70.00 to $55.00 and set a “neutral” rating on the stock in a report on Wednesday, December 18th. Finally, Mizuho increased their price objective on shares of FMC from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $65.69. View Our Latest Report on FMC FMC Company Profile ( Get Free Report ) FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. Further Reading Receive News & Ratings for FMC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FMC and related companies with MarketBeat.com's FREE daily email newsletter .