Bus parked at OC Transpo depot destroyed by fireAlberta Premier Danielle Smith has hired Edmonton Police Service Chief Dale McFee to be her new top bureaucrat. Starting early next year, McFee is to be deputy minister of executive council and head of the Alberta Public Service. He has been the capital city’s chief of police since 2019 and has also been in leadership positions with the Canadian Association of Chiefs of Police and the Canadian Police Association. McFee, who previously worked as a deputy minister for corrections and policing in Saskatchewan and was also the chief of police in Prince Albert, announced last month he would be leaving his EPS contract early . McFee was sworn in as Edmonton’s 23rd chief of police on Feb. 1, 2019. His last day with the EPS will be Friday, Feb. 21, 2025. His job with the Alberta government begins the following Monday, Feb. 24. Smith says she has worked with McFee on a number of government initiatives and he’ll bring a fresh perspective to the office. McFee says he’s deeply committed to the province and to driving positive change in the public service and for all Albertans. — More to come... With files from Karen Bartko, Global NewsInscribed on the Vinland Blue Skin are the words "Too Political" and "太政确了！," a phrase that roughly translates to "Too political indeed!" in English. This seemingly direct reference to contemporary political discourse has led many players to question the intentions behind the inclusion of such a message in a video game set in a historical context.NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
In recent years, the Chinese Super League has been attracting top foreign talents from around the world, with big-name players such as Oscar, Hulk, and Alexandre Pato signing lucrative deals to play in China. While the influx of foreign players has undoubtedly raised the level of competition in the league, it has also raised questions about the development of young Chinese players. To address this issue, China should encourage its young talents to move to Europe to further their careers, as the adaptation process is crucial for their growth and success.
At the age of 20, Nani embarked on a journey that would take him through the highs and lows of professional football. Joining the prestigious Manchester United at such a young age, expectations were high for the Portuguese winger to follow in the footsteps of his illustrious compatriot, Cristiano Ronaldo. However, fate had a different path in store for Nani.
Additionally, ethical considerations play a significant role in the practice of medical aesthetics. Patients should be fully informed about the risks and benefits of the treatments they are considering, as well as alternative options that may be more suitable for their needs. It is essential for medical aesthetics practitioners to adhere to ethical standards and guidelines, ensuring that they prioritize the best interests of their patients and provide them with transparent and unbiased information to make informed decisions.
WILMINGTON, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. SYM , a leader in A.I.-enabled robotics technology for the supply chain, today announced that it has completed the acquisition of OhmniLabs, a Silicon Valley-based innovator in the field of robotics solutions for health care. "Combining Symbotic's expertise in large-scale automation with OhmniLabs' ground-breaking mobile robots, vision and A.I. solutions will enable the development of unparalleled automation innovations across different settings," said Rick Cohen, Executive Chairman and CEO of Symbotic. "We were drawn to OhmniLabs for its impressive talent and industry experience that will enable our expansion beyond the four walls of the warehouse." Founded in 2015 by robotics experts, OhmniLabs has pioneered a fully in-house development and manufacturing model, enabling rapid innovation and speed-to-market for cutting-edge robotics solutions. The company is best known for its autonomous disinfection and telepresence robots, which create safer and healthier environments globally. With the strategic acquisition of OhmniLabs' industry expertise and talented robotics team, Symbotic will be better positioned to both expand its leading automation capabilities for supply chain customers while delivering enhanced innovation to customers in the health care industry. "OhmniLabs' mission has been to develop meaningful robotics to provide real-world solutions, and we have made significant progress with the support of our loyal team members and customers. Being a part of Symbotic, a true leader in robotics innovation, will propel this vision forward to deliver cutting-edge solutions that redefine what's possible in health care, logistics and beyond," said Jared Go, Co-founder and CTO, OhmniLabs. ABOUT SYMBOTIC Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world's largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com . FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements about Symbotic's acquisition of substantially all of the assets of OhmniLabs and Symbotic's expectations or predictions of future financial or business performance or conditions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on December 4, 2024. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC. INVESTOR RELATIONS CONTACT Charlie Anderson Vice President, Investor Relations & Corporate Development ir@symbotic.com MEDIA INQUIRIES mediainquiry@symbotic.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.