LOS ANGELES , Dec. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP), will receive a cash dividend equal to $0.56 per depositary share. The dividend will be paid on January 15, 2025 , to applicable holders of record as of the close of business on January 3, 2025 . About Cadiz, Inc. Founded in 1983, Cadiz, Inc. (NASDAQ: CDZI) is a California water solutions company dedicated to providing access to clean, reliable and affordable water for people through a unique combination of water supply, storage, pipeline and treatment solutions. With 45,000 acres of land in California , 2.5 million acre-feet of water supply, 220 miles of pipeline assets and the most cost-effective water treatment filtration technology in the industry, Cadiz offers a full suite of solutions to address the impacts of climate change on clean water access. For more information, please visit https://www.cadizinc.com . Safe Harbor Statement This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "anticipates", "expect", "may", "plan", or "will". Forward-looking statements include, without limitation, projections, predictions, expectations, or beliefs about future events or results and are not statements of historical fact, including statements regarding the Company's expectations regarding payments of dividends in the future. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements. These and other risks are identified in our filings with the Securities and Exchange Commission (the "Commission"), including without limitation our Annual Report on Form 10-K for the year ended December 31, 2023 and our Quarterly Reports on Form 10-Q and other filings subsequently made by the Company with the Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise. View original content to download multimedia: https://www.prnewswire.com/news-releases/cadiz-inc-declares-quarterly-dividend-for-q4-2024-on-series-a-cumulative-perpetual-preferred-stock-302339009.html SOURCE Cadiz, Inc.Investors Are Doing Something We've Never Seen Before. Here's Warren Buffett's Best Advice for the Situation.
This is CNBC's live blog covering European markets. European markets are heading for a mixed open Wednesday as investors continued to assess the potential impact of President-elect Donald Trump 's plans to hike tariffs. 24/7 San Diego news stream: Watch NBC 7 free wherever you are The U.K.'s FTSE 100 index is expected to open 5 points higher at 8,267, Germany's DAX down 21 points at 19,285, France's CAC down 39 points at 7,160 and Italy's FTSE MIB down 173 points at 33,150, according to data from IG. Trump said Monday that one of his first acts in office would be to impose an additional 10% tariff on all Chinese goods entering the U.S., and threatened a 25% tariff on products from Mexico and Canada, ending a regional free trade agreement. Economists have warned of the potential inflationary impact of Trump's fiscal plan, which could see the U.S. Federal Reserve cutting interest rates at a slower pace. Overnight, Asia-Pacific markets were mixed Wednesday , following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. U.S. stock futures were little changed on Wednesday morning as traders await the release of the Fed's favorite inflation gauge: the personal consumption expenditures price index. Money Report OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop Earnings are set to come from Easyjet and data releases include German and French consumer confidence. CNBC Pro: 'Cargojet is expensive': Short seller bets against Canada's largest cargo airline A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. The company did not respond to requests for comment from CNBC Pro. Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed his firm's bearish stance on Cargojet during the Sohn investment conference earlier this month. CNBC Pro subscribers can read more here. — Ganesh Rao CNBC Pro: U.S., China and more: Value investor reveals what to buy as Trump tariffs loom News that U.S. President-elect Donald Trump's plans to hike tariffs on imports from China, Canada and Mexico sent ripples across global markets Tuesday. Peter Boockvar, chief investment officer at the U.S.-headquartered Bleakley Financial Group, revealed his take on the tariffs, as well as sectors — and stocks — he is watching globally. CNBC Pro subscribers can read more here. — Amala Balakrishner European markets: Here are the opening calls European markets are expected to open in mixed territory Wednesday. The U.K.'s FTSE 100 index is expected to open 5 points higher at 8,267, Germany's DAX down 21 points at 19,285, France's CAC down 39 points at 7,160 and Italy's FTSE MIB down 173 points at 33,150, according to data from IG. Earnings are set to come from Easyjet and data releases include German and French consumer confidence figures. — Holly Ellyatt Also on CNBC Stock futures are little changed as Wall Street awaits Fed’s preferred inflation reading Stocks making the biggest moves after hours: Dell Technologies, Workday and more The Fed's favorite inflation gauge is out Wednesday. It could show some bad news
Russia Will Help China Advance Submarine Technology, US Indo-Pacific Commander Says
WASHINGTON (AP) — As a former and potentially future president, Donald Trump hailed what would become Project 2025 as a road map for “exactly what our movement will do” with another crack at the White House. As the blueprint for a hard-right turn in America became a liability during the 2024 campaign, Trump pulled an about-face . He denied knowing anything about the “ridiculous and abysmal” plans written in part by his first-term aides and allies. Now, after being elected the 47th president on Nov. 5, Trump is stocking his second administration with key players in the detailed effort he temporarily shunned. Most notably, Trump has tapped Russell Vought for an encore as director of the Office of Management and Budget; Tom Homan, his former immigration chief, as “border czar;” and immigration hardliner Stephen Miller as deputy chief of policy . Those moves have accelerated criticisms from Democrats who warn that Trump's election hands government reins to movement conservatives who spent years envisioning how to concentrate power in the West Wing and impose a starkly rightward shift across the U.S. government and society. Trump and his aides maintain that he won a mandate to overhaul Washington. But they maintain the specifics are his alone. “President Trump never had anything to do with Project 2025,” said Trump spokeswoman Karoline Leavitt in a statement. “All of President Trumps' Cabinet nominees and appointments are whole-heartedly committed to President Trump's agenda, not the agenda of outside groups.” Here is a look at what some of Trump's choices portend for his second presidency. The Office of Management and Budget director, a role Vought held under Trump previously and requires Senate confirmation, prepares a president's proposed budget and is generally responsible for implementing the administration's agenda across agencies. The job is influential but Vought made clear as author of a Project 2025 chapter on presidential authority that he wants the post to wield more direct power. “The Director must view his job as the best, most comprehensive approximation of the President’s mind,” Vought wrote. The OMB, he wrote, “is a President’s air-traffic control system” and should be “involved in all aspects of the White House policy process,” becoming “powerful enough to override implementing agencies’ bureaucracies.” Trump did not go into such details when naming Vought but implicitly endorsed aggressive action. Vought, the president-elect said, “knows exactly how to dismantle the Deep State” — Trump’s catch-all for federal bureaucracy — and would help “restore fiscal sanity.” In June, speaking on former Trump aide Steve Bannon’s “War Room” podcast, Vought relished the potential tension: “We’re not going to save our country without a little confrontation.” The strategy of further concentrating federal authority in the presidency permeates Project 2025's and Trump's campaign proposals. Vought's vision is especially striking when paired with Trump's proposals to dramatically expand the president's control over federal workers and government purse strings — ideas intertwined with the president-elect tapping mega-billionaire Elon Musk and venture capitalist Vivek Ramaswamy to lead a “Department of Government Efficiency.” Trump in his first term sought to remake the federal civil service by reclassifying tens of thousands of federal civil service workers — who have job protection through changes in administration — as political appointees, making them easier to fire and replace with loyalists. Currently, only about 4,000 of the federal government's roughly 2 million workers are political appointees. President Joe Biden rescinded Trump's changes. Trump can now reinstate them. Meanwhile, Musk's and Ramaswamy's sweeping “efficiency” mandates from Trump could turn on an old, defunct constitutional theory that the president — not Congress — is the real gatekeeper of federal spending. In his “Agenda 47,” Trump endorsed so-called “impoundment,” which holds that when lawmakers pass appropriations bills, they simply set a spending ceiling, but not a floor. The president, the theory holds, can simply decide not to spend money on anything he deems unnecessary. Vought did not venture into impoundment in his Project 2025 chapter. But, he wrote, “The President should use every possible tool to propose and impose fiscal discipline on the federal government. Anything short of that would constitute abject failure.” Trump's choice immediately sparked backlash. “Russ Vought is a far-right ideologue who has tried to break the law to give President Trump unilateral authority he does not possess to override the spending decisions of Congress (and) who has and will again fight to give Trump the ability to summarily fire tens of thousands of civil servants,” said Sen. Patty Murray of Washington, a Democrat and outgoing Senate Appropriations chairwoman. Reps. Jamie Raskin of Maryland and Melanie Stansbury of New Mexico, leading Democrats on the House Committee on Oversight and Accountability, said Vought wants to “dismantle the expert federal workforce” to the detriment of Americans who depend on everything from veterans' health care to Social Security benefits. “Pain itself is the agenda,” they said. Trump’s protests about Project 2025 always glossed over overlaps in the two agendas . Both want to reimpose Trump-era immigration limits. Project 2025 includes a litany of detailed proposals for various U.S. immigration statutes, executive branch rules and agreements with other countries — reducing the number of refugees, work visa recipients and asylum seekers, for example. Miller is one of Trump's longest-serving advisers and architect of his immigration ideas, including his promise of the largest deportation force in U.S. history. As deputy policy chief, which is not subject to Senate confirmation, Miller would remain in Trump's West Wing inner circle. “America is for Americans and Americans only,” Miller said at Trump’s Madison Square Garden rally on Oct. 27. “America First Legal,” Miller’s organization founded as an ideological counter to the American Civil Liberties Union, was listed as an advisory group to Project 2025 until Miller asked that the name be removed because of negative attention. Homan, a Project 2025 named contributor, was an acting U.S. Immigration and Customs Enforcement director during Trump’s first presidency, playing a key role in what became known as Trump's “family separation policy.” Previewing Trump 2.0 earlier this year, Homan said: “No one’s off the table. If you’re here illegally, you better be looking over your shoulder.” John Ratcliffe, Trump's pick to lead the CIA , was previously one of Trump's directors of national intelligence. He is a Project 2025 contributor. The document's chapter on U.S. intelligence was written by Dustin Carmack, Ratcliffe's chief of staff in the first Trump administration. Reflecting Ratcliffe's and Trump's approach, Carmack declared the intelligence establishment too cautious. Ratcliffe, like the chapter attributed to Carmack, is hawkish toward China. Throughout the Project 2025 document, Beijing is framed as a U.S. adversary that cannot be trusted. Brendan Carr, the senior Republican on the Federal Communications Commission, wrote Project 2025's FCC chapter and is now Trump's pick to chair the panel. Carr wrote that the FCC chairman “is empowered with significant authority that is not shared” with other FCC members. He called for the FCC to address “threats to individual liberty posed by corporations that are abusing dominant positions in the market,” specifically “Big Tech and its attempts to drive diverse political viewpoints from the digital town square.” He called for more stringent transparency rules for social media platforms like Facebook and YouTube and “empower consumers to choose their own content filters and fact checkers, if any.” Carr and Ratcliffe would require Senate confirmation for their posts.
AP Sports SummaryBrief at 6:25 p.m. EST
Adrian Kempe and Quinton Byfield scored in the second period, and the Kings beat the Seattle Kraken 2-1 on Saturday. David Rittich made 19 saves for the Kings, who improved to 6-2-1 at home. Kempe and Byfield scored 1:44 apart in the second period. Byfield buried a sharp-angle slap shot on a power play while dropping to a knee. It was his 98th career point in 200 games. Brandon Montour got the Kraken on the board with 1:26 left in the game. He converted a long shot with Joey Daccord off for another skater, but the Kings held on. Daccord finished with 19 stops for Seattle. Kraken: Jordan Eberle will miss at least three months after undergoing surgery on his pelvis. He had six goals and five assists in 17 games before he got hurt against Chicago on Nov. 14. Kings: The power play had been in a one-for-16 rut (6.25%) over the previous six games before Byfield found the net. It was the Kings’ lone opportunity with the man-advantage. Key moment: After following its 1-0 loss to Buffalo on Wednesday with a fourth straight period of extreme low-event hockey, Los Angeles created a lot more activity and offense to start the second and generate its two goals. Key stat: The Kings know how to close out games, improving to 9-0-1 when leading after two periods. Up next: The Kraken visit Anaheim on Monday, and the Kings play at San José on Monday.
Screen use and internet safety are two of the top concerns Australian parents have about their kids’ health and wellbeing – even ranking ahead of diet, exercise and depression. We know it’s important to teach children how to be safe around technology. But it can be really hard to know where to start, or when. Our new project shows how parents can begin teaching children about screen use, consent, image sharing, and where you go online from as young as three years. It doesn’t need to be a big “sit down chat”, either. It’s something parents and carers can model as they go about their day. Use screens together Our project, Young children in Digital Society , produced resources for early childhood educators to teach children about living well and safely with technology. These ideas can also be used by families at home. One of our key messages is the importance of young children using screens with adults. When children play games or watch digital content with trusted adults, they have opportunities to discuss information and ideas that can extend their thinking. For example, you can talk about why the characters in a program did what they did. Or, after watching a show featuring a dog, you could go away and look up different dog breeds together. Using technology together also means children have active supervision when online. As the animation below shows, the mum first checks “Kitten Quest” is a safe game for her four-year-old, then turns off in-app purchasing and in-game chat functions. Then she sits down to play it with her child, so they can enjoy it together. Read more: 3 ways to help your child transition off screens and avoid the dreaded 'tech tantrums' Talk as you use screens Our resources also emphasise the importance of what we call the “talk aloud protocol”. This means as they use screens, adults explain to children what they are doing, what they are noticing and why. For example, if you are doing your online supermarket order you might get your child to help select how many apples you will put in your cart. You could point out to them how it costs more money the more you put in your cart. You could also point out how the website is full of other advertisements and promotions, encouraging you to buy more things (that you do not necessarily need or want). Or, if you are searching for information on a video streaming platform together, you may want to remind your child not to be distracted by the “suggested for you” content, or banner advertising on the page. In this Play School clip , Big Ted talks about how information is presented on the internet as he searches for more details about a dinosaur. He talks about going to a trusted source – in this case, a website he has used before – and staying focused on the information you are seeking, not on all the other things the internet might suggest for you (such as a bottle of fancy “Dinosaur Water”). Only talk to people you know Another message our resources emphasise is how important it is for children to know who they are interacting with online. This is about showing them the internet is just another part of real life, rather than a different world away from it. An example of this for adults and children alike, is not responding to emails or opening links if we don’t know the sender. In the clip below, Maurice sends Big Ted a photo from his field trip. Maurice uses the “talk aloud protocol” as he explains the components of the process, from taking the photo, to finding Big Ted’s email address, attaching photos and then sending the email. At the other end, Big Ted announces he has an email and it’s from his friend Maurice. He is excited there’s a photo attached and he knows who it is from before he opens it. You can start early Even before children start school, parents can help lay the building blocks for children to stay healthy and safe online. This includes using screens together, talking about what’s happening on them and highlighting things to watch out for. The Young children in Digital Society project was a collaboration between researchers and groups such as ABC Early Childhood, the Australian Federal Police, eSafety Commissioner and the federal government’s parenting website, Raising Children. The authors wish to thank to ABC Early Childhood Education producer Laura Stone for her help with the research mentioned in this article.Marine Dynamic Positioning System Market Set to Sail Past $17.6 Billion Globally by 2030, Riding a 12.5% CAGR Wave | AMR
TCU's TD barrage breaks open tight game vs. ArizonaAs Anupam Mittal celebrates his 49th birthday, the man behind Shaadi.com and a key player in India’s startup boom continues to inspire entrepreneurs across the nation. Born on December 23, 1975, Mittal’s journey from a young visionary to a mentor for future leaders exemplifies the transformative power of innovation and dedication. Pioneer of Digital Matchmaking Mittal’s entrepreneurial journey began in the late 1990s when, as a student at Boston University, he identified a glaring gap in India’s matchmaking industry. In 1997, he launched Shaadi.com, a platform that seamlessly integrated traditional matchmaking customs with modern technology. The platform revolutionised how Indians approached marriage, fostering meaningful connections through user-friendly digital tools. Under Mittal’s leadership, Shaadi.com grew into a household name, continuously evolving to reflect changing societal norms and user expectations. By prioritising user experience and innovation, Mittal redefined the concept of arranged marriages in India. Eye for Opportunities Mittal’s contributions extend far beyond Shaadi.com. His uncanny ability to identify market gaps and develop user-centric solutions has made him a stalwart in the startup ecosystem. From supporting Ola Cabs’ efforts to streamline urban transportation to backing BigBasket in transforming grocery shopping, Mittal’s investments have consistently championed innovative ideas. His early support for ventures like MediBuddy and Sapience highlights his foresight in recognising emerging industry trends. More than just an investor, Mittal plays an active role in nurturing startups, emphasising a customer-first approach to ensure their success. Championing Purpose-Driven Brands Mittal’s brand-building philosophy centres around creating value and fostering strong user relationships. His initiatives consistently prioritise societal impact, supporting projects in healthcare, women’s empowerment, and education. His belief in leveraging business to drive social change underscores his broader vision for entrepreneurship. Guiding Force on Shark Tank India Mittal’s role as a Shark on Shark Tank India has brought his mentorship to the forefront. Beyond financial investments, he offers invaluable guidance to budding entrepreneurs, breaking down complex business strategies into actionable insights. His presence on the show resonates with audiences, reflecting his commitment to empowering young innovators. Through his investments on Shark Tank India, Mittal reaffirms his faith in the potential of India’s startup ecosystem. By nurturing emerging talent, he is shaping the next generation of entrepreneurs and ensuring a robust and dynamic landscape for innovation. As Anupam Mittal marks another year, his journey stands as a testament to the power of vision, perseverance, and customer-focused innovation. From transforming the matchmaking industry to mentoring the leaders of tomorrow, Mittal’s contributions have left an indelible mark on India’s entrepreneurial landscape. On his 49th birthday, Mittal’s story continues to inspire countless individuals to dream big and work relentlessly to achieve their goals.