
( ) is up about 24% in the past six months. Investors who missed the big rally are wondering if ENB stock is still and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on and total returns. Enbridge share price Enbridge trades near $59 at the time of writing. The stock is down from the multi-year high around $62 it reached in recent weeks and now trades pretty much where it did in the summer of 2022 before the Bank of Canada and the U.S. Federal Reserve started to aggressively raise interest rates to get inflation under control. Rising interest rates in 2022 and 2023 caused concern that Enbridge might have to trim its generous dividend to free up cash to cover higher debt expenses. The pipeline giant uses debt to fund its growth programs, including acquisitions and capital projects. A quick look at the stock chart shows that investors started to buy ENB stock again late last year when the central banks announced they were done raising interest rates. The boost to the share price in the past six months occurred as the Bank of Canada and the U.S. Federal Reserve began to reduce interest rates. 2025 outlook Additional rate cuts are expected in the two countries next year. However, inflation has ticked up in the United States in the past couple of months, and the American jobs market remains in good shape. The central bank recently indicated it only plans to make two small rate cuts in 2025. If Donald Trump implements widespread tariffs on imports, inflation could sure as businesses pass the costs on to consumers. In that scenario, the U.S. Fed might have to put rate cuts on hold or even move rates higher. This would likely put new pressure on pipeline and utility stocks. That being said, Enbridge should deliver solid operating results in the coming year. The company wrapped up its US$14 billion takeover of three American natural gas utilities in 2024. Revenue and cash flow from the businesses will help drive better full-year results in 2025. Enbridge is also working on a $27 billion capital program. As the new assets are completed and go into service, the revenue and cash flow gains should support steady dividend growth. Dividends Enbridge recently raised the dividend, marking the 30th consecutive year of dividend growth. Investors should see ongoing distribution hikes in line with anticipated growth in distributable cash flow of about 3% per year over the medium term. At the current share price, ENB stock provides a dividend yield of 6.4%. The bottom line on ENB stock Enbridge is a good example of a top TSX dividend stock with a high yield and a distribution that should continue to grow. Near-term volatility is likely until there is clarity on U.S. tariffs next year, but buy-and-hold investors focused on passive income should put ENB stock on their radar. Additional weakness would be an opportunity to add to the position.
OAKLAND — The race to be Oakland’s next mayor may have officially kicked off Monday, but the starting line is eerily quiet — and may continue to be until Rep. Barbara Lee makes up her mind about whether to run. Lee, the longtime East Bay congresswoman and stalwart of progressive politics, said late last week in a social media post that she will announce her decision in early January, noting the decision was “not one I take lightly.” In the meantime, Lee has held numerous private meetings with city officials about the issues affecting Oakland, from the ongoing budget crisis to homelessness to policing, two sources with direct knowledge of those conversations told this news organization. The policy “deep dive,” as a source not authorized to speak publicly put it, might offer reassurance to skeptics who worry that the retiring legislator, who has represented Oakland, Alameda, Berkeley and San Leandro in Congress since 1998, would struggle to adapt to running a city full-time. But the larger consequence of Lee’s decision-making timeline is that the run-up to the April 15 special election to replace Mayor Sheng Thao has largely stalled. Most candidates are holding off until Lee makes a move. Hours after the formal start on Monday of the candidate filing period, which lasts until Jan. 17, only two people had scheduled appointments to pull papers for the office — Peter Liu and Mindy Ruth Pechenuk , a pair of fringe prospects who are unlikely to make a dent in the race. Loren Taylor, the runner-up in the 2022 mayoral election, said Monday he plans to pull papers in the coming days, noting in an interview that his desire to help Oakland grow as a city won’t be affected by whom he’s running against. But others, such as former Councilmember Ignacio De La Fuente and lobbyist Isaac Kos-Read, have said they’re holding off. “To be candid, I’m getting a little restless — but out of respect I have to wait,” De La Fuente said Monday in an interview. “Hopefully, she’ll make a decision soon.” An open letter published last week by numerous Oakland leaders urging Lee to run included sign-offs from City Council members Nikki Fortunato Bas, Treva Reid and Dan Kalb, as well as prospective candidate Kos-Read. The letter included signatures from both labor leaders and local political figures who otherwise have often clashed on issues like crime and public spending. “We need someone who can bring the new ideas, policies, resources and opportunities that the people of Oakland deserve,” the letter read. “That person is Barbara Lee.” There are other examples of weighty political races symbolically put on hold amid “will they, won’t they” tension involving potential candidates, including late Sen. Dianne Feinstein’s indecision to run for California governor in 1998. But the upcoming special election in Oakland is unique in how strongly some local leaders seem to be thinking past the election entirely in their overtures to Lee, said political expert Dan Schnur. “These communities and business and labor leaders aren’t begging her to run because they think she’s the only one who can win,” Schnur said. “They think she’s the only one who can govern.” The clearest sign of how many in the city view Lee — who has often weighed in on local affairs to oppose Thao’s recall or support striking teachers or chastise the departing A’s — might be a billboard that popped up in recent weeks along Interstate 880 in East Oakland. “Thank You, Barbara Lee,” it reads, “for bringing over half a billion dollars of federal funds into Oakland in 2024!” The billboard, hoisted near the highway’s High Street exit, also links to a website, thankyoubarbaralee.com, which lists some of Lee’s accomplishments and includes a sign-up form “to add your name to our letter of gratitude!” Both the physical and digital ads were created by the East Oakland Youth Development Center. Selena Wilson, the nonprofit’s CEO, said the gesture had nothing to do with the upcoming special election and was solely intended to honor the congresswoman for her longtime support of the center. Nationally, Lee is perhaps best known for being the only member of Congress to oppose the use of military force following the Sept. 11, 2001, terrorist attacks. Her entry into the race would bring a layer of gravitas to the top political office in Oakland, a city whose reputation took a hit after crime rose and the economy declined during the pandemic. But it may also bring back memories of the mayoral tenure of the late Rep. Ron Delllums, whose decorated legacy was hurt by the perception that he was an absentee leader during the Great Recession, or former Gov. Jerry Brown, whose time as mayor coincided with the infamous Riders police brutality scandal. Taylor, meanwhile, is steadfast about wanting to lead, an ambition that has not diminished in the two years since his loss to Thao by fewer than 700 ranked-choice votes. “I think the fact that the others are playing a game of political calculus,” he said, “is indicative of where their leadership commitment is and how confident they are in what they’re bringing to the table.” Shomik Mukherjee is a reporter covering Oakland. Call or text him at 510-905-5495 or email him at shomik@bayareanewsgroup.com.CARSON, Calif. — Joseph Paintsil and Dejan Joveljic scored in the first half, and the LA Galaxy won their record sixth MLS Cup championship with a 2-1 victory over the New York Red Bulls on Saturday. After striking twice in the first 13 minutes of the final with goals from their star forwards, the Galaxy nursed their lead through a scoreless second half to raise their league's biggest trophy for the first time since 2014. MLS' most successful franchise struggled through most of the ensuing decade, even finishing 26th in the 29-team league last year. But the Galaxy turned everything around this season with a high-scoring new lineup that finished second in the Western Conference and then streaked through the playoffs with a whopping 18 goals in five games to win another crown. Sean Nealis scored for the seventh-seeded Red Bulls, whose improbable charge through the playoffs ended one win shy of its first Cup championship. With the league's youngest roster, New York fell just short of becoming the lowest-seeded team to win MLS' playoff tournament under first-year German coach Sandro Schwarz. Galaxy goalkeeper John McCarthy made four saves to win his second MLS title in three seasons. He was the MVP of the 2022 MLS Cup Final for the Galaxy's crosstown rival, Los Angeles FC. The Galaxy won this title without perhaps their most important player. Riqui Puig, the playmaking midfielder from Barcelona who ran their offense impressively all season long, tore a ligament in his knee last week in the Western Conference final. Puig watched the game in a suit, but his teammates hadn't forgotten him: After his replacement, Gastón Brugman, set up LA's opening goal with a superb pass, Paintsil held up Puig's jersey to their fans during the celebration. Paintsil put the Galaxy ahead in the ninth minute when he ran onto that sublime pass from Brugman and pounded home his 14th MLS goal — including four in the playoffs — in the Ghanaian forward's outstanding first season. Just four minutes later, Joveljic sprinted past four New York defenders and chipped home the 21st goal of his outstanding year as the Galaxy's striker. Nealis got New York on the scoreboard in the 28th minute when he volleyed home a ball that got loose in LA's penalty area after a corner. The Galaxy's usually shaky defense gave up another handful of good chances before reaching halftime with a tenuous lead. The second half was lively, but scoreless. Red Bulls captain Emil Forsberg hit the outside of the post in the 72nd minute, while Gabriel Pec and Galaxy substitute Marco Reus nearly converted chances a few moments later. The ball got loose again in the Galaxy's penalty area in the third minute of extra time, but two Red Bulls couldn't finish. The Galaxy bench rushed onto the field and prematurely celebrated a victory in the seventh minute of injury time, only to be herded back off for another 30 seconds of play. The Galaxy finished 17-0-3 this season at their frequently renamed suburban stadium, where the sellout crowd of 26,812 for the final included several robust cheering sections of traveling Red Bulls supporters hoping to see their New Jersey-based club's breakthrough on MLS' biggest stage. The Galaxy's Greg Vanney became the fourth coach to win an MLS title with two clubs. The former Galaxy player also won it all with Toronto in 2017. The club famous for employing global stars from David Beckham and Zlatan Ibrahimovic to Robbie Keane and Javier "Chicharito" Hernández rebuilt itself this season with lesser-known young talents from around the world. The Galaxy signed Pec from Brazil and the Ghanaian Paintsil out of Belgium, and the duo combined with incumbent Serbian striker Joveljic to form a potent attack that could outscore almost any MLS opponent. But the Galaxy also relied heavily on Puig, their Catalan catalyst and one of MLS' best players. Puig stayed in last week's game after injuring his knee, and he even delivered the decisive pass to Joveljic for the game's only goal.
Toronto Sceptres open PWHL season with 3-1 comeback win over Boston FleetThe ‘Queen Never Cry’ meme has all the babes locked in
SHOPPERS are buzzing over a new must-have find from B&M that delivers the glamour of a high-end fragrance at a fraction of the cost. This budget-friendly gift set has sparked excitement for its incredible similarity to a beloved designer scent that usually sells for over £80. 2 A savvy shopper found a £4.99 perfume dupe at B&M Credit: Facebook 2 The bargain product was a dupe for the popular YSL Black Opium, which usually resells for as much as £85 Credit: Yves St Laurent With social media lighting up with glowing reviews, fans are calling it “exactly the same” as the iconic perfume. The £4.99 Scent Favourites Night Orient Pour Femme EDT & Body Wash Gift Set is the perfect way to indulge in luxury without breaking the bank. Many are hailing as a near-perfect dupe for Yves Saint Laurent’s (YSL) coveted Black Opium fragrance. Known for its enchanting blend of pink pepper, orange blossom, coffee, jasmine, and vanilla notes, the scent mirrors the seductive allure of YSL’s iconic Black Opium, which can retail for as much as £85. Read more on dupes BARGAIN BUY Aldi launch £3.99 dupes of luxe beauty brand Jennifer Aniston swears by Wish List Must-have Christmas gifts for her including designer bag dupe that is £365 less The gift set includes a 100ml bottle of Exotic Affair Pour Femme EDT and a 150ml matching body wash, making it a thoughtful and luxurious-feeling gift at an unbeatable price. One savvy shopper, Sarah Russell, took to Facebook to share her discovery, writing: “This smells mmmmm!!! NICE.” Her post quickly gained traction, with fellow fragrance fans chiming in to praise the dupe. “It smells really nice and the same as Black Opium,” one user wrote, while another commented, “Smells the same.” Most read in Money TRUMP UP Donald Trump urged to invest 'fistful of dollars' in late mum's Scottish home LEAVING TOWN High street giant to shut branch as mystery surrounds shopping centre future SHAKE IT UP McDonald's is making a big change to menus in days and customers can't wait CHOC FULL Shoppers rush to buy Cadbury selection boxes at major supermarket for just £1 One nostalgic shopper even remarked, “It reminded me of the 80's Opium.” If you’re looking for a high-end scent without the designer price tag, this could be the ultimate find. 'Dunnes is working their magic again' says fashion fan over Molly Mae cardigan dupe in new colour Better to stock up before it flies off the shelves! It come s as bargain hunters have been quick to share an iconic perfume dupe that could save shoppers nearly £70. Found in B&M for just £3.99, the fan "favourite" eau de toilette "smells exactly the same" as the original. Taking to Facebook, one eagle-eyed shopper posted a picture of the supposed duplicate item that could be perfect for those looking for reasonably priced gifts in the run up to Christmas. Advertised on the B&M website while stocks last, those hoping to nab a bottle of the "elegant" and "romantic" fragrance may want to head to their local store to check shelves. Boasting a "timeless feminine" allure, the Scent Favourites Scandale Femme comes in a 100ml stunning pink bottle shaped like a women's torso. The post has already garnered social media attention with many suggesting the incredible find to be a Jean Paul Gaultier dupe. Featuring the corseted feminine bust-shape, the dupe even seems to have replicated the bottle into a similar form. Read more on the Scottish Sun FERRY WINDY Ferry stranded amid Storm Darragh as passengers stuck on ship for 12 hours HORROR BLAZE Huge fire erupts at Scots industrial estate as emergency crews race to scene The original was created in 1993 and boasts notes of sweet orange, pear and star anise. Currently on sale at Perfume Price for £72.95, it seems to have been discounted from £104, meaning the dupe offers buyers an even greater saving.
SAN DIEGO , Dec. 23, 2024 /PRNewswire/ -- CreateAI Holdings Inc., formerly TuSimple Holdings Inc. (OTCMKTS: TSPH) ("CreateAI" or the "Company"), a global artificial intelligence technology company, today announced shareholder voting results for its annual meeting of stockholders held on December 20, 2024 (the "Annual Meeting"). As of October 28, 2024 , the record date for the Annual Meeting, there were a total of 232,618,399 shares of common stock outstanding and entitled to vote at the Annual Meeting, comprised of 208,618,399 shares of Class A Common Stock (each with one vote per share) and 24,000,000 shares of Class B Common Stock (each with ten votes per share). At the Annual Meeting, holders of 207,347,538 shares of common stock, representing 423,347,538 votes, entitled to vote at the meeting were represented in person or by proxy and, therefore, a quorum constituted of the majority of the voting power of the shares of common stock issued and outstanding and entitled to vote at the Annual Meeting was present. The following is a brief description of each matter voted upon at the 2024 Annual Meeting and the numbers of votes cast for, withheld, or against, the number of abstentions, and the number of broker non-votes with respect to each other, as applicable. 1. Election of six nominees to serve on the Board of Directors (the "Board") for a term which will expire at the 2025 annual meeting of stockholders, or, if Proposal Two is adopted, to hold office until the annual meeting of stockholders in accordance with the class of director to which each nominee will be assigned. The following six directors were elected by the votes as indicated below. For Withheld Broker Non-Votes Cheng Lu 208,949,915 164,765,019 1 49,632,604 Mo Chen 208,946,146 164,768,788 1 49,632,604 James Lu 209,109,928 164,605,006 1 49,632,604 Zhen Tao 209,158,316 164,556,618 1 49,632,604 Albert Schultz 348,895,019 1 24,819,915 49,632,604 Jianan Hao 209,021,652 164,693,282 1 49,632,604 The totals above include the 240,000,000 votes represented by the Class B shares of Common Stock. 12,000,000 shares of Class B Common Stock (representing 120,000,00 votes) were voted "FOR" and 12,000,000 shares of Class B Common stock (representing 120,000,00 votes) were voted "WITHHELD" for each of the Directors other than Albert Schultz . All shares of Class B Common Stock were voted "FOR" the election of Albert Schultz . Excluding the 240,000,000 votes from the 24,000,000 shares of Class B Common Stock from the totals above, the 183,347,538 shares of Class A Common Stock were voted as indicated below. For Withheld Broker Non-Votes Cheng Lu 88,949,915 44,765,019 49,632,604 Mo Chen 88,946,146 44,768,788 49,632,604 James Lu 89,109,928 44,605,006 49,632,604 Zhen Tao 89,158,316 44,556,618 49,632,604 Albert Schultz 108,895,019 24,819,915 49,632,604 Jianan Hao 89,021,652 44,693,282 49,632,604 2. Amendment to the Company's Restated Certificate of Incorporation to classify the Board of Directors into three classes, with directors in each class to serve staggered three-year terms. Pursuant to the Restated Certificate of Incorporation, Proposal Two must receive the affirmative vote of the holders of at least a majority of the voting power of all of the then-outstanding shares of the capital stock of the Company entitled to vote generally in the election of directors, voting together as a single class, since directors representing two-thirds (2/3) of the total number of authorized directors have already approved. The amendment was not approved 2 by the votes as indicated below: For Against 1 Abstain Broker Non-Votes 208,955,668 164,659,652 99,614 49,632,604 Because Proposal Two was not approved, the six directors elected pursuant to Proposal One will serve on the Board for a term which will expire at the 2025 annual meeting of stockholders. 3. Ratification of the appointment of UHY LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 . The selection was ratified by the votes as indicated below: For Against 1 Abstain Broker Non-Votes 255,504,371 155,923,768 11,919,399 - Note 1: Includes 120,000,000 votes of the 12,000,000 shares of Class B Common Stock held by White Marble LLC and White Marble International Limited (together, the "White Marble Entities") controlled by Dr. Xiaodi Hou . Note 2: The White Marble Entities have filed an action in the Delaware Court of Chancery seeking a declaratory judgment that the voting agreement between White Marble and Mo Chen is invalid and White Marble, not Mo Chen , controls the vote. White Marble LLC v. Chen , C.A. No. 2024-1208-PAF (Del. Ch.) On December 13, 2024 , the Court entered an order that allows the Company to hold the vote on Proposal Two, and ordered that if Proposal Two is not approved at the Annual Meeting but the Court determines in the Action that Mo Chen , not the White Marble Entities, control how the White Marble Entities' Shares are voted, then the White Marble Entities' shares shall be deemed to have been voted in favor of Proposal Two at the Annual Meeting and that such vote shall stand. The vote totals above include the votes of the shares held by the White Marble Entities as voted by the White Marble Entities. If the shares held by the White Marble entities reflected in the totals above are deemed to have been voted in favor of Proposal Two, the Proposal will have passed. Accordingly, if the Court rules in Mo Chen's favor, Proposal Two will be deemed to have passed and the Company would be permitted to amend its Certificate of Incorporation to implement Proposal Two and each of the directors elected pursuant to Proposal One will serve on the Board until the annual meeting of stockholders in accordance with the class of director to which each nominee is assigned. About CreateAI CreateAI (formerly TuSimple) is a global artificial intelligence company with offices in US, China , and Japan . The company is pioneering the future of digital entertainment content production, seamlessly blending cutting-edge generative AI technology with the creativity of world-class talent. Our mission is to redefine the boundaries of what's possible in digital storytelling by developing immersive, captivating, and visually stunning experiences that resonate with audiences on a global scale. Investor Relations Contact: ICR for CreateAI CreateAI.IR@icrinc.com View original content to download multimedia: https://www.prnewswire.com/news-releases/createai-announces-results-of-2024-annual-meeting-of-stockholders-302338618.html SOURCE CreateAI Holdings Inc
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