Police are calling for the public's help to find a string of alleged offenders who are accused of committing domestic violence, shoplifting and traffic offences. Subscribe now for unlimited access . Login or signup to continue reading The two men and one woman are in their early 30s and are known to hang around suburbs in the Lake Illawarra Police District region. Joseph Robinson, aged 33, is wanted for alleged domestic violence offences. He is described as 180 centimetres tall, with a solid build, black hair and brown eyes. He is known to frequent Warrawong and surrounding suburbs. Jasmine Colgan is accused of shoplifting offences and is known frequent Port Kembla, Unanderra and Warrawong. The 33-year-old is is described as 160cm tall, thin build, with brown hair and brown eyes. Bradley Murray, aged 32, is wanted for alleged traffic related offences. He is described as 185cm tall, medium build, with brown hair and green eyes. He is known to frequent Dapto. Police have urged anyone with information on the location of these people to contact Crime Stoppers on 1800 333 000. Nadine Morton covers emergency services and breaking news for the Illawarra Mercury. She takes pride in regional journalism which she believes is crucial to informing our towns and cities. Have a story? Email her at nadine.morton@austcommunitymedia.com.au Nadine Morton covers emergency services and breaking news for the Illawarra Mercury. She takes pride in regional journalism which she believes is crucial to informing our towns and cities. Have a story? Email her at nadine.morton@austcommunitymedia.com.au More from Court and Crime Newsletters & Alerts DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Find out what's happening in local business. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!
NoneMost Canadians Impacted by Postal Strike, Divided on Sympathy for Workers: Poll
Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0. Stan Choe, The Associated Press Dec 11, 2024 1:04 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message People gather in front of the New York Stock Exchange in New York's Financial District on Tuesday, Dec. 10, 2024. (AP Photo/Peter Morgan) Listen to this article 00:05:05 NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.8% Wednesday to break a two-day losing streak and finished just short of its all-time high. Big Tech stocks led the way, which drove the Nasdaq composite up 1.8% to top the 20,000 level for the first time. The Dow Jones Industrial Average lagged with a dip of 0.2%. Stocks got a boost as expectations built that the Fed will deliver another cut to interest rates at its meeting next week. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stock indexes are rising Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve . The S&P 500 gained 0.9% and is on track to break its first two-day losing streak in nearly a month. The Dow Jones Industrial Average fell 7 points, or less than 0.1%, as of 2:45 p.m. Eastern time, and the Nasdaq composite climbed 1.8% and was heading for a record. Treasury yields edged higher in the bond market as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. Traders are betting on a 95% probability of that, according to data from CME Group, up from 89% a day before. If they’re correct, it would be a third straight cut by the Fed after it began lowering rates in September from a two-decade high. It’s hoping to support a slowing job market after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy, but they could also provide more fuel for inflation. Wednesday’s report said U.S. consumers paid prices in November that were 2.7% higher than a year earlier. That’s a slight acceleration from October’s inflation rate of 2.6%, but it was exactly what economists were expecting. Another report on inflation at the wholesale level will arrive on Thursday. “The data have given the Fed the ‘all clear’ for next week, and today’s inflation data keep a January cut in active discussion,” according to Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times this year , with the latest coming last week. On Wall Street, Stitch Fix jumped 47.8% after the company that sends clothes to your door reported a smaller loss for the latest quarter than analysts expected. It also gave financial forecasts for the current quarter that were better than expected, including for revenue. Albertsons edged down by 0.6% after filing a lawsuit against Kroger, saying it didn’t do enough for their proposed $24.6 billion merger agreement to win regulatory clearance. Albertsons said it’s seeking billions of dollars in damages from Kroger, whose stock rose 0.6%. A day earlier, judges in separate cases in Oregon and Washington nixed the supermarket giants’ merger. The grocers contended a combination could have helped them compete with big retailers like Walmart, Costco and Amazon, but critics said it would hurt competition. After terminating the merger agreement Albertsons said it plans to boost its dividend 25% and increased the size of its program to buy back its own stock. Mondelez, the company behind Oreo and other food brands, climbed 2.2% after announcing a plan to send cash to shareholders by buying back up to $9 billion of its own stock. The program replaces a prior $6 billion plan, which had about $2.8 billion of capacity remaining and would have otherwise expired at the end of next year. On the losing end of Wall Street, Macy’s fell 2.3% after cutting some of its financial forecasts for the full year of 2024, including for how much profit it expects to make off each $1 of revenue. Dave & Buster’s Entertainment sank 18.7% after reporting a worse loss for the latest quarter than expected. It also said CEO Chris Morris has resigned, and the board has been working with an executive-search firm for the last few months to find its next permanent leader. In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, rose to 4.16% from 4.14%. In stock markets abroad, indexes rose across much of Europe and Asia. Hong Kong’s Hang Seng was an outlier and slipped 0.8% as Chinese leaders convened an annual planning meeting in Beijing that is expected to set economic policies and growth targets for the coming year. South Korea’s Kospi rose 1%, up for a second straight day as it climbs back following last week’s political turmoil where its president briefly declared martial law. ___ AP Writers Matt Ott and Zimo Zhong contributed. Stan Choe, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite up more than 150 points, U.S. stock markets mixed Dec 11, 2024 1:38 PM Banks lower prime rates following Bank of Canada move Dec 11, 2024 1:37 PM Higher property taxes, chance of reduced snow plowing in Winnipeg budget plan Dec 11, 2024 1:02 PM Featured FlyerStoli vodka files for bankruptcy in the United States
BY MIKE PETRO Dec. 4, 2024 Blasdell-headquartered startup building new plants in Texas and Washington With $20 million in grants secured from the U.S. Department of Energy, CleanFiber is opening new plants in Washington and Texas. These grants are part of more than $75 million in financing vehicles, grants, and tax credits the Buffalo-headquartered startup has secured in 2024. The company, which makes building insulation from recycled corrugated cardboard supporting energy efficiency, moved to Buffalo after winning $500,000 in the 43North business competition in 2016. The company was founded in Massachusetts in 2013 and was originally named UltraCell. Production facilities will be built in Lewis County, Washington and Ellis County, Texas. CleanFiber employs more than 100 people in Western New York, and company officials say over 40% of them represent marginalized groups. Company officials plan to continue creating employment opportunities for all as CleanFiber continues its growth. “We are honored to have the DOE’s support in accelerating our growth,” said Jonathan Strimling, CEO of CleanFiber. “We are committed to delivering benefits not only to our customers, but also to disadvantaged and coal communities, where we’ll be creating employment opportunities, and, of course, reducing carbon emissions at the same time.” The company now known as CleanFiber celebrates at the 43North competition in 2016. Earlier this year, CleanFiber closed a $33 million Series B funding round led by Spring Lane Capital, which also established a $31.5 million project financing facility to support the buildout of the company’s new plants. In addition, CleanFiber received a $10 million Section 48C tax credit allocation, and is also being offered significant incentives via state economic development agencies. Last year, the company wrapped up a $5 million investment round that supported the completion of an expansion to its factory in Blasdell. CleanFiber’s $16 million expansion and machinery upgrade in Blasdell will bring the facility to 67,000 square feet. CleanFiber took ownership of that facility in 2022. The firm plans to establish additional facilities in Arizona and Michigan, with longer-term plans to also develop sites in the Southeast and across the border in Canada. Albion startup wins $500K in Grow-NY competition Agricultural startup Udderways of Albion won a $500,000 prize in the 2024 Grow-NY global food, agriculture & technology competition. Twenty finalists competed in the sixth annual pitch on Nov. 6 and 7, and Udderways was among the seven winners chosen by a panel of judges. UdderWays uses a brushless technology to gently stimulate cows and ensure clean and dry teats. With the startup’s patented vortex-style application, farmers can effortlessly promote milk letdown. The competition awarded $3 million – including the $1 million grand prize, as well as two $500,000 prizes and four $250,000 prizes. Each winning team will commit to operating in the region for at least one year, while also providing a modest equity stake to Cornell University, to fund future food and agricultural entrepreneurship programming. WNY companies earn ESD grants Four Western New York companies were among 35 chosen to receive funding from the Innovation Matching Grants program from Empire State Development’s Division of Science, Technology and Innovation. Graphenix Development, Inc., IBEX Materials, Atrevida Science, Inc., and Immunotolerx Therapeutics, LLC are now eligible for matching state grants of up to $200,000 to provide additional support for commercialization services not covered by their federal awards, such as marketing and legal assistance. Empire State Development awarded the 35 businesses more than $4.6 million in rounds 1 and 2 of its new matching grants program, which started in May. NYSTAR received more than 35 applications within a week of opening its first round of funding. The awarded projects span 18 strategic technology areas, and the program’s aim is to support early-stage technology development and accelerate the path from research to market, which ESD says has contributed to business growth, job creation and stronger regional economies in the state. Kredit Academy partners with local credit union Greater Niagara Federal Credit Union is partnering with 43North winner Kredit Academy to help expand its accessible financial education services. Financial literacy platform Kredit Academy says the credit union will now be offering Kredit Quest, which delivers personalized learning content to customers that covers everything from finance basics to credit mastery. With Kredit Quest, Greater Niagara members gain access to interactive lessons and practical tools designed to build financial confidence. "We chose Kredit Academy as a partner for their proactive approach to financial education and look forward to our work together,” said Maggie Wilmore, who works in marketing for Greater Niagara Federal Credit Union. Founder Evan Leaphart has also been building a relationship with M&T, including working with the bank as part of the city’s exploration and financial education summer program, and the company has deals with other local credit unions are in the pipeline. 43North is hiring 43North is in search of a social media coordinator with an interest and background in venture capital and knowledge of the Buffalo startup ecosystem. The startup accelerator and incubator is seeking a candidate to help manage, optimize, and analyze 43North’s social media presence. It will soon welcome its 10th cohort to Buffalo in early January. Welcome to Buffalo Next. This newsletter from The Buffalo News brings you the latest coverage on the changing Buffalo Niagara economy – from real estate to health care to startups. Read more at BuffaloNext.com . THE LATEST Ingram Micro is cutting 850 jobs across its operations , but isn't specifying the impact on its Western New York workforce. Federal regulators have lifted the consent order that Lake Shore Savings Bank operated under for nearly two years. Work is beginning this week on People Inc.'s latest housing project in Western New York. Hundreds of former Sumitomo Rubber workers flocked to the Lincoln Park Athletic Center in the Town of Tonawanda on Tuesday for a job fair. The City of Niagara Falls is seeking to buy a cluster of Main Street properties to keep them out of the hands of out-of-state investors. Developer Doug Jemal is tweaking the design of his project at Elmwood and Bidwell avenues. The snow put a damper on holiday shopping in the Southtowns. It's not like the old days, but some hardy souls were out in the darkness to start their Black Friday shopping . Two of Buffalo's top development officials have been ousted . New solar project starts construction in Great Valley. Scanlon, Poloncarz criticize land bank for delays and cost of homes on projects in Buffalo and Cheektowaga. How do the Bills believe they will ever get to the more than 5,000 potential season ticket holder accounts on their waitlist for the new stadium and why advertise for more of them? Developers battle over Tonawanda Island site but sewer capacity may hinder projects. What went wrong at Tonawanda's Sumitomo tire plant ? And why did Sumitomo's Japan-based parent decide to pull the plug now? Work has begun on venture studio built to fill void in Buffalo's entrepreneurial space . Artisans report as much as 50% of their annual revenue comes from the holiday shopping season. ICYMI Five reads from Buffalo Next: 1. Locally owned stores are pulling out all the stops to attract customers who may otherwise be lured in by the convenience of major retailers and online shopping. 2. The Buffalo Center for Arts & Technology has expanded in his mission to help local adults and teens pursue successful careers. 3. Get the story behind Evans Bank's hunt for a merger , which ended with the Amherst-based bank's acquisition by NBT Bank. 4. Buffalo officials are considering whether to impose more restrictions on short-term rentals. 5. How retailers try to entice shoppers to do their holiday buying early . The Buffalo Next team gives you the big picture on the region’s economic revitalization. Email tips to buffalonext@buffnews.com or reach Buffalo Next Editor David Robinson at 716-849-4435. Was this email forwarded to you? Sign up to get the latest in your inbox five days a week . Be the first to know Get local news delivered to your inbox!CLEVLEAND — Shane Bieber's comeback with Cleveland has double meaning. The former Cy Young winner re-signed with the Guardians on Wednesday, a reunion that seemed unlikely when he became a free agent. However, the 29-year-old Bieber decided to stay with the AL Central champions after making just two starts in 2024 before undergoing Tommy John surgery. Bieber agreed last week to a one-year, $14 million contract. The deal includes a $16 million player option for 2026. It seemed like a long shot that Bieber, who is 62-32 with a 3.22 ERA in 132 starts, would return to Cleveland. He had turned down long-term offers in the past from the club, and it was expected he would sign with another contender, likely one on the West Coast. But the California native has a special connection with the Guardians, who selected him in the fourth round of the 2016 draft. Bieber, who won the AL Cy Young in the pandemic-shortened 2020 season, threw only 12 innings last season before lingering issues with his elbow forced him to have surgery. He is expected to join Cleveland's rotation at some point in 2025. A two-time All-Star, Bieber was named MVP of the midsummer event in 2019 when it was held in Cleveland. He has the highest strikeout ratio per nine innings (10.2) and third-highest winning percentage (.660) in the franchise's 124-year history. Bieber is one of just three Cleveland pitchers to start five season openers, joining Stan Coveleski (1917-21) and Corey Kluber (2015-19). While Bieber had some elbow issues in the past, he didn't show any issues before being shut down. He struck out 11 in six scoreless innings against Oakland on March 28, and followed that up with six more shutout innings at Seattle on April 2. DALLAS — Pitchers again dominated the big league phase of the Rule 5 draft at the winter meetings, comprising 11 of the 15 unprotected players who were picked Wednesday. The 121-loss Chicago White Sox had the first pick and selected 24-year-old right-hander Shane Smith from the Milwaukee Brewers organization. Smith was an undrafted free agent out of Wake Forest when he was signed by Milwaukee in July 2021. The 6-foot-4, 235-pounder has gone 13-7 with a 2.69 ERA and 203 strikeouts over 157 innings in 19 starts and 54 relief appearances over three minor league seasons. There were 14 teams who made picks in the major league portion of the Rule 5 draft of players left off 40-man rosters after several minor league seasons. Only Atlanta made two selections, after making none since 2017. Atlanta chose right-hander Anderson Pilar from the Miami Marlins with the 11th pick, and then took infielder Christian Cairo from the Cleveland Guardians with the 15th and final pick in the MLB portion. The 26-year-old Pilar was original signed by Colorado as a minor league free agent in 2015 and has pitched in 213 minor league games that included 17 starts. He is 28-20 with a 2.86 ERA. Teams pay $100,000 to take a player in the major league portion. The players must stay on the big league roster all of next season or clear waivers and be offered back to their original organization for $50,000. Six of the 10 players selected during the Rule 5 draft last December — five of them right-handed pitchers — remained last season with organization that selected them. Two of the four position players taken Wednesday by other teams came from the Detroit Tigers organization: catcher Liam Hicks and third baseman Gage Workman. Miami drafted second after Colorado passed making a selection, and took Hicks. Workman was taken by the Chicago Cubs with the 10th pick. Baltimore lost two right-handed pitchers on back-to-back picks, Juan Nunez to San Diego with the 12th pick before Connor Thomas went to Milwaukee. DALLAS — Tom Hamilton, who has called Cleveland games on the radio for 35 seasons, won the Hall of Fame’s Ford C. Frick Award for excellence in broadcasting on Wednesday. Hamilton, 70, joined the team's broadcast in 1990, when he was with Herb Score in the booth and part of the coverage of their World Series appearances in 1995 and 1997. Hamilton became the voice of the franchise when Score retired after that second World Series. Hamilton will be honored during the Hall of Fame’s induction weekend from July 25-28 in Cooperstown, New York. He was selected the hall's Frick Award 16-member committee as the 49th winner. There were 10 finalists on this year's ballot, whose main contributions came as local and national voices and whose careers began after, or extended into, the Wild Card era. The other nine were Skip Caray, Rene Cardenas, Gary Cohen, Jacques Doucet, Ernie Johnson Sr., Mike Krukow, Duane Kuiper, Dave Sims and John Sterling. DALLAS — The Texas Rangers acquired slugging corner infielder Jake Burger from the Miami Marlins on Wednesday in a trade for three minor league players. Burger hit .250 with 29 home runs and 76 RBIs in 137 games for the Marlins last season, with 150 strikeouts in 535 at-bats with 31 walks. He started 59 games at third base and made 50 starts at first. Five days of service time short of being eligible for salary arbitration this offseason, he will be eligible next winter and can become a free agent after the 2028 World Series. Miami got infielders Max Acosta and Echedry Vargas and left-handed pitcher Brayan Mendoza. The acquisition of Burger comes about a month after the Rangers hired former Marlins manager Skip Schumaker as a senior adviser for baseball operations. Luis Urueta, Miami's bench coach the past two seasons, also was added recently to manager Bruce Bochy's on-field coaching staff for 2025. BRIEFLY WHITE SOX: Mike Tauchman is switching sides in Chicago. The White Sox announced a $1.95 million, one-year contract for the outfielder. Tauchman, 34, grew up in Palatine, Illinois, about 35 miles northwest of Chicago, and played college ball for Bradley in Peoria, Illinois. He spent the previous two seasons with the Cubs. TRADE: All-Star left-hander Garrett Crochet was acquired by the Boston Red Sox from the Chicago White Sox for four prospects. Catcher Kyle Teel, infielder Chase Meidroth, right-hander Wikelman Gonzalez and outfielder Braden Montgomery are headed to Chicago. Get local news delivered to your inbox!
Bieber re-signs with Guardians
Awards season has arrived in the form of the Golden Globes nominations. The awards, which honor both movies and television programs, is often viewed as a preview of the upcoming Oscars. In this week's episode, co-hosts Bruce Miller and Terry Lipshetz go over the list, focusing largely on the movies, which tend to shine brightest at the ceremony. But they also take time to review a few of the TV shows, including the great, but rarely funny "The Bear," which is again in the comedy or musical category. We also have an interview with "Nickel Boys" director RaMell Ross, who spoke with Miller prior to the film receiving a nomination for best drama. Miller also talked with Aunjanue Ellis-Taylor, who starred in the film. Complete list of Golden Globe nominations “Wicked”; “Anora”; “Emilia Perez”; “Challengers”; “A Real Pain”; “The Substance” “The Brutalist”; “A Complete Unknown,”; “Conclave”; “Dune: Part Two”; “Nickel Boys;” “September 5” Jesse Eisenberg, “A Real Pain”; Hugh Grant, “Heretic”; Gabriel LaBelle, “Saturday Night; Jesse Plemons, “Kinds of Kindness”’ Glen Powell, “Hitman”; Sebastian Stan, “A Different Man” Amy Adams, “Nightbitch”; Cynthia Erivo, “Wicked”; Karla Sofia Gascón, “Emilia Pérez”; Mikey Madison “Anora”; Demi Moore, “The Substance”; Zendaya, “Challengers” Pamela Anderson, “The Last Showgirl′′; Angelina Jolie, ”Maria”; Nicole Kidman, “Babygirl”; Tilda Swinton, “The Room Next Door”; Fernanda Torres, “I’m Still Here”; Kate Winslet, “Lee” Adrien Brody, “The Brutalist”; Timothée Chalamet, “A Complete Unknown’; Colman Domingo, “Sing Sing”; Ralph Fiennes, “Conclave”; Sebastian Stan, “The Apprentice’’ “Alien: Romulus”; Beetlejuice Beetlejuice”; Deadpool & Wolverine”; “Gladiator II”; “Inside Out 2”; “Twisters”; “Wicked”; “The Wild Robot” “All We Imagine As Light′′; ”Emilia Pérez”; “The Girl With the Needle”; “I’m Still Here”; “The Seed of the Sacred Fig”; “Vermiglio” “Flow”; “Inside Out 2”; “Memoir of a Snail”; “Moana 2”; “Wallace and Gromit: Vengeance Most Fowl”; “The Wild Robot” Selena Gomez, ”Emilia Pérez”; Ariana Grande, “Wicked”; Felicity Jones, “The Brutalist”; Margaret Qualley, “The Substance”; Isabella Rossellini, “Conclave”; Zoe Saldaña, ”Emilia Pérez” Yura Borisov, “Anora”; Kieran Culkin, “A Real Pain”; Edward Norton, “A Complete Unknown”; Guy Pearce, “The Brutalist”; Jeremy Strong, ”The Apprentice”; Denzel Washington, “Gladiator II” Jacques Audiard, “Emilia Pérez”; Sean Baker, ”Anora”; Edward Berger, “Conclave”; Brady Corbet, “The Brutalist”; Coralie Fargeat, “The Substance”; Payal Kapadia, “All We Imagine As Light” Jacques Audiard, “Emilia Pérez”; Sean Baker, ”Anora”; Brady Corbet, Mona Fastvold, “The Brutalist”; Jesse Eisenberg, “A Real Pain”; Coralie Fargeat, “The Substance”; Peter Straughan, “Conclave” Volker Bertelmann, “Conclave”; Daniel Blumberg, “The Brutalist”; Kris Bowers, “The Wild Robot”; Clement Ducol, Camille “Emilia Pérez”; Trent Reznor, Atticus Ross, “Challengers”; Hans Zimmer, “Dune: Part Two” “Beautiful That Way” from “The Last Showgirl” (music/lyrics by Andrew Wyatt, Miley Cyrus, Lykke Zachrisson); “Compress/Repress” from “Challengers’ (music/lyrics by Trent Reznor, Atticus Ross, Luca Guadagnino; “El Mal” from EL MAL” from “Emilia Pérez” (music/lyrics by Clément Ducol, Camille, Jacques Audiard; “Forbidden Road” from ”Better Man′′ (music/lyrics by Robbie Williams, Freddy Wexler, Sacha Skarbek); “Kiss the Sky” from “The Wild Robot′′ (music/lyrics by Delacey, Jordan K. Johnson, Stefan Johnson, Maren Morris, Michael Pollack, Ali Tamposi); ”Mi Camino′′ from “Emilia Pérez” (music/lyrics by Clément Ducol, Camille) “Shogun”; “The Diplomat”; “Slow Horses”; “Mr. and Mrs. Smith”; “The Day of the Jackal”; “Squid Game” “Abbott Elementary”; “The Bear; “Hacks”; “Nobody Wants This”; “Only Murders in the Building”; “The Gentlemen” Donald Glover, “Mr. and Mrs. Smith”; Jake Gyllenhaal, “Presumed Innocent”; Gary Oldman, “Slow Horses”; Eddie Redmayne, “The Day of the Jackal”; Hiroyuki Sanada, “Shogun”; Billy Bob Thornton, “Landman” Kathy Bates, “Matlock”; Emma D’Arcy, “House of the Dragon”; Maya Erskine, “Mr. & Mrs. Smith”; Keira Knightley, “Black Doves”; Keri Russell, “The Diplomat”; Anna Sawai, “Shogun” Kristen Bell, “Nobody Wants This”; Quinta Brunson, “Abbott Elementary”; Ayo Edebiri, “The Bear”; Selena Gomez, “Only Murders in the Building”; Kathryn Hahn, “Agatha All Along”; Jean Smart, “Hacks” Adam Brody, “Nobody Wants This”; Ted Danson, “A Man on the Inside”; Steve Martin, “Only Murders in the Building”; Jason Segel, “Shrinking”; Martin Short, “Only Murders in the Building”; Jeremy All White, “The Bear” “Baby Reindeer”; Disclaimer"; “Monsters: The Lyle and Erik Menendez Story”; “The Penguin”; “Ripley”; “True Detective: Night Country” Cate Blanchett, “Disclaimer''; Jodie Foster, ”True Detective: Night Country"; Cristin Milioti, “The Penguin''; Sofia Vergara, ”Griselda"; Naomi Watts, “Feud: Capote vs. The Swans”; Kate Winslet, “The Regime” Colin Farrell, “The Penguin”; Richard Gadd, “Baby Reindeer”; Kevin Kline, “Disclaimer”; Cooper Koch, “Monsters: The Lyle and Erik Menendez Story”; Ewan McGregor, “A Gentleman in Moscow”; Andrew Scott, “Ripley” Liza Colón-Zayas, “The Bear”; Hannah Einbinder, “Hacks”; Dakota Fanning, “Ripley”; Jessica Gunning, “Baby Reindeer”; Allison Janney, “The Diplomat”; Kali Reis, “True Detective: Night Country” Tadanobu Asano, “Shogun''; Javier Bardem, “Monsters: The Lyle and Erik Menendez Story”; Harrison Ford, “Shrinking”; Jack Lowden “Slow Horses”; Diego Luna, “La Maquina”; Ebon Moss-Bachrach, “The Bear” Jamie Foxx, “Jamie Foxx: What Had Happened Was”; Nikki Glaser, “Nikki Glaser: Someday You'll Die”; Seth Meyers, “Seth Meyers: Dad Man Walking”; Adam Sandler, "Adam Sandler: Love You"; Ali Wong, “Ali Wong: Single Lady”; Ramy Youssef, “Ramy Youssef: More Feelings” —List compiled by The Associated Press Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!
Reiterates Commitment to Investing in America to Lower Grocery Prices, Raise Associate Wages, and Support Local Communities Highlights Resilience of Value Creation Model and Strong Momentum to Drive Long-term, Sustainable Growth Board of Directors Authorizes $7.5B Share Repurchase Program including $5B Accelerated Share Repurchase CINCINNATI , Dec. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR ) today terminated its merger agreement with Albertsons after the U.S. District Court for the District of Oregon granted the Federal Trade Commission's request for a preliminary injunction to block the proposed merger. After reviewing options, the company determined it is no longer in its best interests to pursue the merger. "Kroger is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel experiences to our customers which powers our value creation model. We look forward to accelerating our flywheel to grow our alternative profit businesses and generate increased cash flows. The strength of our balance sheet and sustainability of our model allows us to pursue a variety of growth opportunities, including further investment in our store network through new stores and remodels, which will be an important part of our 8 – 11% TSR model over time," said Rodney McMullen , Kroger's Chairman and CEO. America's Grocer is Committed to Lowering Grocery Prices & Investing in Associates "Kroger has an extraordinary track record of investing in America," said McMullen. "We are at our best when we serve others – our customers, associates, and communities – and we take seriously our responsibility to provide great value by consistently lowering prices and offering more choices. When we do this, more customers shop with us and buy more groceries, which allows us to reinvest in even lower prices, a better shopping experience and higher wages. We know this model works because we've been doing it successfully for many years, and this is exactly what we will continue to do." Kroger's ongoing investments in America include: $5 billion in lower prices since 2003 $2.4 billion in incremental wage increases on top of industry-leading benefits since 2018, a 38% increase in average hourly rate, while growing opportunities for a largely unionized grocery workforce $3.6 - $3.8 billion in annual capital investments to build new and remodel stores, food processing and other facilities, improve the customer experience and create additional job opportunities $2.3 billion to support local communities through charitable giving since 2017, including $1.5 billion to feed hungry families "I appreciate our associates who remained focused on taking care of our customers, communities and each other throughout the merger process," added McMullen. Share Repurchase Program Including Accelerated Share Repurchases Now that Kroger has terminated the merger agreement, the company is ready to deploy its capacity. With its strengthened balance sheet, Kroger will resume share repurchases after a more than two-year pause. Since announcing the merger, Kroger used its strong free cash flow and debt financing to build meaningful balance sheet capacity while maintaining its investment-grade rating. Kroger's Board of Directors approved a new share repurchase program authorizing the repurchase of up to $7.5 billion of common stock. The new repurchase authorization replaces Kroger's existing $1 billion authorization which was approved in September 2022 . Kroger intends to enter an accelerated share repurchase ("ASR") agreement for the repurchase of approximately $5 billion of common stock. "Our strong balance sheet and free cash flows position us to deliver on our commitment to grow the business and return capital to shareholders, maintaining capacity to invest in lower prices and higher associate wages," McMullen said. Kroger expects to continue to generate strong free cash flow and remains committed to its capital allocation priorities including maintaining its current investment grade debt rating, investing in the business to drive long-term sustainable net earnings growth, and returning excess free cash flow to shareholders via share repurchases and a growing dividend over time, subject to board approval. Looking forward, Kroger plans to host an Investor Day event in late spring of 2025 to share an update on its strategic priorities, future growth prospects and long-term financial outlook. Merger Debt Redemption In connection with the termination of the merger agreement, Kroger will begin the process of redeeming the $4.7 billion of its senior notes issued on August 27, 2024 , that include a special mandatory redemption provision in accordance with their terms. The notes will be redeemed at a redemption price equal to 101% of their principal amount, plus accrued and unpaid interest to, but excluding, the special mandatory redemption date. Termination of Exchange Offers In connection with the termination of the merger agreement, Kroger has also elected to terminate its previously announced offers to exchange (collectively, the "Exchange Offers") any and all outstanding notes (the "ACI Notes") issued by Albertsons Companies, Inc., New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC (collectively, the "ACI Issuing Entities"), for up to $7,441,608,000 aggregate principal amount of new notes to be issued by Kroger and cash. Kroger has also elected to terminate the related solicitation of consents (the "Consent Solicitation" and, together with the Exchange Offer, the "Exchange Offer and Consent Solicitation") on behalf of the ACI Issuing Entities to adopt certain proposed amendments to the indentures governing the ACI Notes (the "ACI Indentures"). As a result of the Exchange Offer being terminated, the total consideration, including any consent fee, will not be paid or become payable to holders of the ACI Notes who have validly tendered and not validly withdrawn their ACI Notes for exchange in the Exchange Offer, and the ACI Notes validly tendered and not validly withdrawn for exchange pursuant to the Exchange Offer will be promptly returned to the tendering holders. As a result of the Consent Solicitation being terminated, the proposed amendments to the ACI Indentures and the supplemental indentures previously entered into reflecting such proposed amendments will not become operative. About the Exchange Offers Global Bondholder Services Corporation served as exchange agent and information agent for the now terminated Exchange Offer and Consent Solicitation. You should direct questions and requests for assistance to Global Bondholder Services Corporation at (855) 654-2015 (toll-free) or (212) 430-3774 (banks and brokers), or by email at [email protected] . About Kroger At The Kroger Co. (NYSE: KR ), we are dedicated to our Purpose: to Feed the Human SpiritTM. We are, across our family of companies nearly 414,000 associates who serve over eleven million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names , serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site. Forward Looking Statements This press release contains certain statements that constitute "forward-looking statements" about Kroger's financial position and the future performance of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as "achieve," "committed," "confidence," "continue," "deliver," "expect," "future," "guidance," "model," "outlook," "strategy," "target," "trends," "well-positioned," and variations of such words and similar phrases. Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings, as well as the following: Kroger's ability to achieve sales, earnings, incremental FIFO operating profit, and adjusted free cash flow goals may be affected by: the termination of the merger agreement and our proposed transaction with Albertsons and related divestiture plan; labor negotiations; potential work stoppages; changes in the unemployment rate; pressures in the labor market; changes in government-funded benefit programs; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, and the aggressiveness of that competition; Kroger's response to these actions; the state of the economy, including interest rates, the inflationary, disinflationary and/or deflationary trends and such trends in certain commodities, products and/or operating costs; the geopolitical environment including wars and conflicts; unstable political situations and social unrest; changes in tariffs; the effect that fuel costs have on consumer spending; volatility of fuel margins; manufacturing commodity costs; supply constraints; diesel fuel costs related to Kroger's logistics operations; trends in consumer spending; the extent to which Kroger's customers exercise caution in their purchasing in response to economic conditions; the uncertainty of economic growth or recession; stock repurchases; changes in the regulatory environment in which Kroger operates, along with changes in federal policy and at regulatory agencies; Kroger's ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute our growth strategy and value creation model, including continued cost savings, growth of our alternative profit businesses, and our ability to better serve our customers and to generate customer loyalty and sustainable growth through our strategic pillars of fresh, our brands, personalization, and seamless; the successful integration of merged companies and new strategic collaborations; and the risks relating to or arising from our proposed nationwide opioid litigation settlement, including our ability to finalize and effectuate the settlement, the scope and coverage of the ultimate settlement and the expected financial or other impacts that could result from the settlement. Our ability to achieve these goals may also be affected by our ability to manage the factors identified above. Our ability to execute our financial strategy may be affected by our ability to generate cash flow. Kroger assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Kroger's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. SOURCE The Kroger Co.Gary O’Neil accepts criticism from Wolves fans after heavy defeat at Everton
Si-TPV Silicone Vegan Leather, Exploring the Sustainability of Leather Alternatives 12-11-2024 09:04 PM CET | Associations & Organizations Press release from: ABNewswire As consumer demand for sustainable products grows, traditional leather production remains a significant environmental issue. Leather manufacturing often contributes to deforestation, water pollution, and the use of toxic chemicals. Additionally, synthetic alternatives are often not much better, with many still containing harmful chemicals and plastics. The need for eco-friendly, durable, and aesthetically pleasing alternatives is more urgent than ever. What leather combination of eco-friendliness, durability, comfort, and aesthetic appeal positions it as a strong contender in the market for alternatives to traditional leather products? The Solution: Si-TPV Silicone Vegan Leather - The Sustainable, Durable, and Stylish Alternative Si-TPV Silicone Vegan Leather [ https://www.si-tpv.com/page-si-tpv-silicone-vegan-leather/ ] developed by Vegan Leather Manufacturer, Eco-Friendly Leather Manufacturer and Synthetic Leather Supplier - SILIKE. It is a sustainable, high performance alternative to traditional leather and synthetic materials. Here's how it stands out: 1. Eco-Friendly Composition: Si-TPV Silicone Vegan Leather is made from silicone-based elastomers and is a Non-Toxic Faux Leather that eliminates the environmental impact of traditional leather production such as deforestation and harmful chemical pollution. 2. Exceptional Durability: With high resistance to wear, scratches, stains, and water, Si-TPV Silicone Vegan Leather is built to last in high-use environments. 3. Comfort and Aesthetics: The material offers a luxurious, silky texture and vibrant color options while maintaining comfort and flexibility for consumers. 4. Wide range of applications: Si-TPV can be perfectly combined with various industries, such as Artificial Leather Fabric For Car [ https://www.si-tpv.com/solutions-for-automotive-product/ ], Leather For Straps, Leather For Golfclubs, Leather For Footwear, Leather For Luggage [ https://www.si-tpv.com/sustainable-and-innovative-material-solutions-in-the-fashion-industry-product/ ], Leather For Upholstery [ https://www.si-tpv.com/solution-for-upholstery-leather-and-decorative-material-product/ ] and so on. Both functional and fashionable. 5. Health-Safe: Si-TPV Silicone Vegan Leather is a BPA-Free Leather that is free of harmful chemicals such as DMF, plasticisers and softening oils, making it a safer choice for both manufacturers and consumers. Si-TPV Silicone Vegan Leather allows brands to meet both environmental and aesthetic demands without compromising on quality or performance. Ready to make the switch to sustainable, durable, and eco-friendly materials? Discover how Si-TPV Silicone Vegan Leather can elevate your products while supporting your sustainability initiatives. Contact us today to learn more and start integrating Si-TPV Silicone Vegan Leather into your designs! Discover more Solutions, please contact us at amy.wang@silike.cn Media Contact Company Name: Chengdu Silike Technology Co.,Ltd. Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=sitpv-silicone-vegan-leather-exploring-the-sustainability-of-leather-alternatives ] Country: China Website: https://www.si-tpv.com/ This release was published on openPR.
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Tulane QB Mensah transfers to DukeThe late 1970s were a sad time for America. The Vietnam War had just ended. Big cities fell in the grip of crime and neglect as the 1975 fiscal crisis pushed New York City to the brink of bankruptcy. New York uniformed police, angry at the mayor’s budget cuts, handed out “Welcome to Fear City” leaflets at the airports. Featuring a hooded skull, the flyers warned visitors to stay off the streets after 6 p.m. It urged them to not leave Manhattan and to avoid the subways altogether. Yet two years almost to the day after Saigon fell, an ambitious dance club opened on a shabby side street of Manhattan. Studio 54 became the world’s most famous disco. Then came the movie “Saturday Night Fever,” its score dominated by those rhythmic Bee Gees chart-toppers starting with “Stayin’ Alive.” Americans found joy under the spinning mirrored balls. To quote the name of Chic’s super disco hit, they wanted to “Dance, Dance, Dance.” We needed disco then. We need disco again — or something like it. The pandemic is over, and many of us are seeking escape from our toxic politics. What about disco set off the animal spirits? Discos enabled ordinary people to dance off their anxieties to a simple four-on-the-floor beat. The grayness outside got blocked out by flashy sequins and spandex — and in fantasy settings divorced from the grim realities. Disco replaced the dirty jeans and stoned-out pain of rock with groomed elegance. People again danced in couples. As Regine Zylberberg, owner of Regine’s, an elegant disco on Manhattan’s Upper East Side, bragged, “I am the one who saved the city from bankruptcy. I made it happy again.” But disco fever spread across the country, in big cities and small towns. Discos opened at airport Holiday Inns. Live entertainment, part of what’s now called the “experience economy,” is seeing double-digit growth, Bloomberg News reports. As evidence, it points to a packed nightclub in Manhattan called Somewhere Nowhere, where swing dancers have taken over the floor. Patrick Soluri, whose Prohibition Productions puts on swing nights, says revenue from his Jazz Age-themed events has more than doubled since 2019, and he is expanding beyond New York. The key to disco’s popularity was that the people were the show. They weren’t passively watching guitarists showing off their long solo riffs, one complaint against ’70s rock. More recently, hip hop presents the same drawback with artists commanding the spotlight. A communal culture that shares some similarities to disco is Western line dancing. Though around forever, line dancing got a boost from the 1980 film “Urban Cowboy.” It did for that genre some of what “Saturday Night Fever” did for disco. As with disco, line dancers are the show. And fashions also are attached — those fabulous cowboy boots and hats, jeans and denim skirts. And as with disco, Western line dancing now has its own clubs and events all over the country. Ironically, the digitalization of American life isn’t so much killing these experiences as exposing us to the joys of being there in person. No matter how terrific the video production, it can’t recreate the visceral thrill of dancing amid a celebratory crowd. Disco inspired a kind of second Jazz Age. And though its golden era is almost 50 years in the past, one can’t help but notice all those store windows now decked out for the holidays with sparkling disco balls. To this day, disco balls radiate fun and glamour and partying. Today, like then, we need a scene in which Americans can let loose, work off tensions, forget about Washington — and with a dance that anyone can do. Americans need to dance, dance, dance. Harrop, who lives in New York City and Providence, Rhode Island, writes for Creators Syndicate: fharrop@gmail.com . Get local news delivered to your inbox!
