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NeuroPace to Showcase the RNS System at the 2024 American Epilepsy Society (AES) Annual Meeting76ers' star Paul George sidelined the next 2 games with bone bruise in left kneeA federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal. U.S. District Court Judge Adrienne Nelson issued the ruling Tuesday after holding a three-week hearing in Portland, Oregon. Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications. Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption BEIJING (AP) — Chinese official broadcaster CCTV says a former chairman of the state-owned bank China Everbright Group has been jailed 12 years for embezzlement and bribery. Tang Shuangning, who had also held senior posts at the People’s Bank of China and the China Banking Regulatory Commission, was arrested in January, part of a wider wave of prosecutions of senior officials accused of financial crimes. A court in the city of Tangshan, about 100 miles east of Beijing, found him guilty of taking advantage of his position at the state-owned bank in “seeking convenience for others” in jobs and loans, in exchange for illegal payments. The court said he had accepted illegal property with a total value of more than $1.5 million. US defense secretary in Japan to support alliance as Osprey aircraft safety causes concern TOKYO (AP) — U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and North Korea. Austin’s visit on Tuesday also came amid growing concerns over the safety of Ospreys. The military aircraft have been grounded in the United States following a near crash at Cannon Air Force Base in New Mexico last month. The incident was caused by weakened metal components. It was similar to a fatal crash off southwestern Japan last year. The U.S. measure prompted the suspension of Ospreys operated by Japan’s Ground Self-Defense Force. Trustee over Infowars auction asks court to approve The Onion's winning bid A trustee who oversaw the bankruptcy auction of Alex Jones’ Infowars is asking a judge to approve The Onion’s winning bid for the conspiracy-filled platform. Trustee Christopher Murray took the stand Tuesday in the second day of testimony at a hearing where a judge is scrutinizing the satirical news outlet’s winning offer. He told U.S. Bankruptcy Judge Christopher Lopez in Houston that he was there asking a court to approve the sale of Infowars’ parent company to The Onion’s parent company. It is not clear how quickly Lopez will rule. The Onion wants to turn Infowars’ website and social media accounts into parodies. Small businesses plan events, start marketing earlier to deal with shorter holiday shopping season The holiday shopping season is underway, and this year small businesses have less time to capitalize on the busy shopping period. Only 27 days separate Thanksgiving and Christmas — five fewer than last year. But there are still ways to make the most of a shorter season. One key strategy is for owners to promote deals to customers wherever they can, from social media to physical ads. The National Retail Federation predicts that retail sales will rise between 2.5% and 3.5% compared with same period a year ago. Online shopping is expected to grow too. Adobe Digital Insights predicts an 8.4% increase online for the full season. 10 notable books of 2024, from Sarah J. Maas to Melania Trump NEW YORK (AP) — Even through a year of nonstop news about elections, climate change, protests and the price of eggs, Americans still found time to read. Sales held steady according to Circana, which tracks around 85% of the print market. Many chose the release of romance, fantasy and romantasy. Some picked up the tie-in book to Taylor Swift’s blockbuster tour, which had the best opening week of 2024. Others sought out literary fiction, celebrity memoirs, political exposes and a close and painful look at a generation hooked on smartphones. Boeing is building new 737 Max planes for the first time since workers went on strike Boeing is resuming production of its bestselling plane, the 737 Max. It's the first time that Max jets have moved down the assembly line since September, when about 33,000 workers went on strike for higher pay. Boeing said Tuesday that work on the Max has resumed at its factory in Renton, Washington, near Seattle. Both the Max and another Boeing plane, the 787 Dreamliner, have been plagued by manufacturing problems in recent years. The Federal Aviation Administration is limiting Boeing’s production of Max jets until the agency is convinced that Boeing has corrected quality and safety issues during manufacturing. Stock market today: Wall Street slips to a rare back-to-back loss NEW YORK (AP) — U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The S&P 500 slipped 0.3% Tuesday for its first back-to-back losses in nearly a month. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Oracle dragged on the market after reporting weaker growth than analysts expected. Treasury yields rose in the bond market ahead of Wednesday’s inflation report, which will be among the final big pieces of data before the Federal Reserve's meeting on interest rates next week. Alaska Airlines will spread its wings by flying to Tokyo and Seoul beginning next year NEW YORK (AP) — Alaska Airlines says it will launch service from Seattle to Tokyo and Seoul next year as part of a plan to boost international flying in the next several years. Alaska announced the new routes as it prepared to hold an investor day Tuesday. The airline raised its fourth-quarter profit outlook and publicized a plan to boost profit by $1 billion over three years. And Alaska Airlines is announcing a plan to spend $1 billion buying back its own stock. Share buybacks are often popular with investors because they make existing shares more valuable. A Southwest jet and a small plane wound up on the same runway after being cleared to land WASHINGTON (AP) — A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway. The National Transportation Safety Board said Tuesday that the planes came within 900 feet of each other before the smaller plane taxied away. The incident happened Oct. 19 at the airport in Long Beach, California. It's the latest in a number of recent cases in which planes came unnecessarily close due to errors by air traffic controllers or pilots.
Metalworking Fluids Market, 39% of Growth to Originate from APAC, TechnavioCHANDLER, Ariz.--(BUSINESS WIRE)--Dec 10, 2024-- Rogers Corporation (NYSE: ROG) (“Rogers”) announced today that Laura Russell has been appointed to serve as the Company’s new Senior Vice President, Chief Financial Officer and Treasurer effective December 10. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210039520/en/ (Photo: Business Wire) “Since taking over as interim CFO in August, Laura has proven to be an invaluable addition to Rogers’ senior executive team,” said Colin Gouveia, Rogers' President and CEO. “She has demonstrated outstanding leadership of critical finance functions and has already made significant contributions. Laura brings extensive business and financial expertise from leading companies, which will be a tremendous asset to Rogers as we continue to execute our strategic objectives.” Ms. Russell, age 49, joined Rogers in September 2023 as Vice President of Finance and served in that capacity until her appointment as interim CFO in August 2024. Prior to joining the Company, from July 2021 to September 2023, Ms. Russell served as the Vice President of Finance, Operations for Wolfspeed. From December 2015 to July 2021, Ms. Russell was the Vice President of Finance for the Radio Products business of NXP Semiconductors (“NXP”). Prior to NXP, from 1997 to December 2015, Ms. Russell served in multiple roles with Motorola and Freescale Semiconductors (later acquired by NXP). Ms. Russell earned her BA in Business Economics from the University of the West of Scotland and is a member of the Chartered Institute of Management Accountants. About Rogers Corporation Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect our world. Rogers delivers innovative solutions to help our customers solve their toughest material challenges. Rogers’ advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Headquartered in Chandler, Arizona, Rogers operates manufacturing facilities in the United States, Asia and Europe, with sales offices worldwide. For more information, visit www.rogerscorp.com . Safe Harbor Statement Statements included in this release that are not a description of historical facts are forward-looking statements. Words or phrases such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “seek,” “plan,” “expect,” “should,” “would” or similar expressions are intended to identify forward-looking statements, and are based on Rogers’ current beliefs and expectations. This release contains forward-looking statements regarding our plans, objectives, outlook, goals, strategies, future events, future net sales or performance, capital expenditures, future restructuring, plans or intentions relating to expansions, business trends and other information that is not historical information. All forward-looking statements are based upon information available to us on the date of this release and are subject to risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to differ materially from those indicated by the forward-looking statements. For additional information about the risks, uncertainties and other factors that may affect our business, please see our most recent annual report on Form 10-K and any subsequent reports filed with the Securities and Exchange Commission, including quarterly reports on Form 10-Q. Rogers Corporation assumes no responsibility to update any forward-looking statements contained herein except as required by law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241210039520/en/ CONTACT: Media Contact: Amy Kweder Senior Director, Corporate Communications Phone: 480.203.0058 Email:amy.kweder@rogerscorporation.com Investor Contact: Steve Haymore Senior Director, Investor Relations Phone: 480.917.6026 Email:stephen.haymore@rogerscorporation.com KEYWORD: ARIZONA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS EV/ELECTRIC VEHICLES AUTOMOTIVE VEHICLE TECHNOLOGY ENGINEERING AUTOMOTIVE MANUFACTURING MANUFACTURING HARDWARE SOURCE: Rogers Corporation Copyright Business Wire 2024. PUB: 12/10/2024 04:05 PM/DISC: 12/10/2024 04:04 PM http://www.businesswire.com/news/home/20241210039520/en'Large number' of Americans' metadata stolen by Chinese hackers, senior official says
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NoneFreeman has 26 in Bethune-Cookman's 79-67 victory over North DakotaLOBITO, Angola — President Joe Biden pledged another $600 million Wednesday for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration, and told African leaders the resource-rich continent of more than 1.4 billion people had been “left behind for much too long.” “But not anymore,” Biden added. “Africa is the future.” Biden used the third and final day of a visit to Angola — his long-awaited first trip to sub-Saharan Africa as president — to travel to the coastal city of Lobito and tour an Atlantic port terminal that’s part of the Lobito Corridor railway redevelopment. Biden described it as the largest U.S. investment in a train project outside America. The U.S. and allies are investing heavily in the project that will refurbish nearly 2,000 kilometers (1,200 miles) of train lines connecting to the mineral-rich areas of Congo and Zambia in central Africa. The corridor, which likely will take years to complete, gives the U.S. better access to cobalt, copper and other critical minerals in Congo and Zambia that are used in batteries for electric vehicles, electronic devices and clean energy technologies that Biden said would power the future. China is dominant in mining in Congo and Zambia. The U.S. investment has strategic implications for U.S.-China economic competition, which went up a notch this week as they traded blows over access to key materials and technologies. The African leaders who met with Biden on Wednesday said the railway corridor offered their countries a much faster route for minerals and goods — and a convenient outlet to Western markets. “This is a project that is full of hope for our countries and our region,” said Congo President Félix Tshisekedi, whose country has more than 70% of the word’s cobalt. “This is not just a logistical project. It is a driving force for economic and social transformation for millions of our people.” The leaders said the corridor should spur private-sector investment and improve a myriad of related areas like roads, communication networks, agriculture and clean energy technologies. For the African countries, it could create a wave of new jobs for a burgeoning young population. “It’s a huge, huge opportunity,” said Zambian President Hakainde Hichilema. “It’s good for Africa.” Cargo that once took 45 days to get to the U.S. — usually involving trucks via South Africa — would now take around 45 hours, Biden said. He predicted the project could transform the region from a food importer to exporter. It’s “something that if done right will outlast all of us and keep delivering for our people for generations to come,” he said. The announcement of an additional $600 million took the U.S.’s investment in the Lobito Corridor to $4 billion. The corridor has drawn financing from others including the European Union, the Group of Seven leading industrialized nations, a Western-led private consortium and African banks. Biden said the total investment was $6 billion. Some calling for more U.S. involvement in Africa hope it will mark a new era of U.S.-Africa engagement. Much of that depends on the administration of Donald Trump , who takes office Jan. 20. The White House says Republicans in Congress have supported past efforts to promote African business interests through targeted investments and that such initiatives have appealed to Trump in the past. Trump also supports measures to counter China, and some see the Lobito Corridor as a direct counter to the Belt and Road Initiative infrastructure strategy that China has used to promote its economic and political influence in Africa and elsewhere. A senior U.S. administration official called the Lobito Corridor the heart of competing with China not as a political adversary but from a business standpoint by sparking investment and helping countries over the long term. The U.S. is looking to replicate the Lobito Corridor project in other parts of the world, said the official, who briefed reporters on condition of anonymity to offer details that hadn’t yet been made public. Biden had promised to visit sub-Saharan Africa last year but the trip was delayed. He was greeted Monday by thousands of Angolans on the streets of the capital, Luanda. Angola has long and strong ties to China, and the Biden administration’s ability to win it over as a partner for such a major project has been viewed as a rare success for the U.S. in Africa. Biden, who has about six weeks left in office, said he would like to come back to see the railway’s progress. “I want to come back and ride the whole thing,” he told the African leaders, before departing. Imray reported from Cape Town, South Africa.
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It looked like a recipe for disaster. So, when his country's swimmers were being accused of doping earlier this year, one Chinese official cooked up something fast. He blamed it on contaminated noodles. In fact, he argued, it could have been a culinary conspiracy concocted by criminals, whose actions led to the cooking wine used to prepare the noodles being laced with a banned heart drug that found its way into an athlete's system. This theory was spelled out to international anti-doping officials during a meeting and, after weeks of wrangling, finally made it into the thousands of pages of data handed over to the lawyer who investigated the case involving 23 Chinese swimmers who had tested positive for that same drug. The attorney, appointed by the World Anti-Doping Agency, refused to consider that scenario as he sifted through the evidence. In spelling out his reasoning, lawyer Eric Cottier paid heed to the half-baked nature of the theory. "The Investigator considers this scenario, which he has described in the conditional tense, to be possible, no less, no more," Cottier wrote. Even without the contaminated-noodles theory, Cottier found problems with the way WADA and the Chinese handled the case but ultimately determined WADA had acted reasonably in not appealing China's conclusion that its athletes had been inadvertently contaminated. Critics of the way the China case was handled can't help but wonder if a wider exploration of the noodle theory, details of which were discovered by The Associated Press via notes and emails from after the meeting where it was delivered, might have lent a different flavor to Cottier's conclusions. "There are more story twists to the ways the Chinese explain the TMZ case than a James Bond movie," said Rob Koehler, the director general of the advocacy group Global Athlete. "And all of it is complete fiction." In April, reporting from the New York Times and the German broadcaster ARD revealed that the 23 Chinese swimmers had tested positive for the banned heart medication trimetazidine, also known as TMZ. China's anti-doping agency determined the athletes had been contaminated, and so, did not sanction them. WADA accepted that explanation, did not press the case further, and China was never made to deliver a public notice about the "no-fault findings," as is often seen in similar cases. The stock explanation for the contamination was that traces of TMZ were found in the kitchen of a hotel where the swimmers were staying. In his 58-page report, Cottier relayed some suspicions about the feasibility of that chain of events — noting that WADA's chief scientist "saw no other solution than to accept it, even if he continued to have doubts about the reality of contamination as described by the Chinese authorities." But without evidence to support pursuing the case, and with the chance of winning an appeal at almost nil, Cottier determined WADA's "decision not to appeal appears indisputably reasonable." A mystery remained: How did those traces of TMZ get into the kitchen? Shortly after the doping positives were revealed, the Institute of National Anti-Doping Organizations held a meeting on April 30 where it heard from the leader of China's agency, Li Zhiquan. Li's presentation was mostly filled with the same talking points that have been delivered throughout the saga — that the positive tests resulted from contamination from the kitchen. But he expanded on one way the kitchen might have become contaminated, harkening to another case in China involving a low-level TMZ positive. A pharmaceutical factory, he explained, had used industrial alcohol in the distillation process for producing TMZ. The industrial alcohol laced with the drug "then entered the market through illegal channels," he said. The alcohol "was re-used by the perpetrators to process and produce cooking wine, which is an important seasoning used locally to make beef noodles," Li said. "The contaminated beef noodles were consumed by that athlete, resulting in an extremely low concentration of TMZ in the positive sample. "The wrongdoers involved have been brought to justice." This new information raised eyebrows among the anti-doping leaders listening to Li's report. So much so that over the next month, several emails ensued to make sure the details about the noodles and wine made their way to WADA lawyers, who could then pass it onto Cottier. Eventually, Li did pass on the information to WADA general counsel Ross Wenzel and, just to be sure, one of the anti-doping leaders forwarded it, as well, according to the emails seen by the AP. All this came with Li's request that the noodles story be kept confidential. Turns out, it made it into Cottier's report, though he took the information with a grain of salt. "Indeed, giving it more attention would have required it to be documented, then scientifically verified and validated," he wrote. Neither Wenzel nor officials at the Chinese anti-doping agency returned messages from AP asking about the noodles conspiracy and the other athlete who Li suggested had been contaminated by them. Meanwhile, 11 of the swimmers who originally tested positive competed at the Paris Games earlier this year in a meet held under the cloud of the Chinese doping case. Though WADA considers the case closed, Koehler and others point to situations like this as one of many reasons that an investigation by someone other than Cottier, who was hired by WADA, is still needed. "It gives the appearance that people are just making things up as they go along on this, and hoping the story just goes away," Koehler said. "Which clearly it has not." Get local news delivered to your inbox!
Confronting 'neijuan': China addresses unhealthy competition