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2025-01-16
Holly Valance’s husband is to become Reform UK’s treasurer, after renouncing his Conservative Party membership over what he described as “too many broken promises.” Billionaire property tycoon Nick Candy accused the Tories of a “complete breach of trust with the wealth creators in our country” and said he would take up the fundraising role in the new year. Ms Valance is also a prominent Reform backer. The Australian- British actress and singer was pictured with her husband, Donald Trump and party leader Nigel Farage at the US president-elect’s Mar-a-Lago resort in 2022. Reform has been buoyed by a series of Tory defections, including former minister Andrea Jenkyns, and described Mr Candy’s appointment as its “latest coup” as it prepares for the local elections in May. Mr Candy said: “I have today resigned my membership of the Conservative Party after many years of active support and substantial donations to the party. “I am sorry to say there have been too many broken promises and a complete breach of trust with the wealth creators in our country. “Nigel Farage is a close personal friend of mine, and Reform UK represents the future of British politics. “I am pleased to announce that I will now become the treasurer for Reform UK and intend to raise enough funds for them to win the next general election. “I will take up the role in the new year.” Reform leader Nigel Farage MP said: “I warmly welcome this decision. We are the fastest-growing movement in British politics today and Nick’s efforts will help Reform UK transform our country.”Horoscopes Dec. 29HOUSTON--(BUSINESS WIRE)--Dec 9, 2024-- Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2025 financial projections. “We expect 4% growth from 2024 in Adjusted EBITDA and 8% growth in Adjusted EPS due to growth projects in all our business segments, but most prominently in Natural Gas Pipelines and Energy Transition Ventures,” said Kim Dang, KMI Chief Executive Officer. “We are projecting an annualized dividend of $1.17 in 2025, constituting the 8 th year in a row in which we have increased our dividend. Our end-of-year 2025 Net Debt-to-Adjusted EBITDA ratio is forecast to be 3.8 times, which is in the lower part of our 3.5x-4.5x leverage target range and provides good capacity for additional opportunistic investment,” Dang concluded. “We anticipate generating Adjusted EPS of $1.27, up 8% compared to our year-end 2024 forecast of $1.17 per share, and Adjusted EBITDA of $8.3 billion, up 4% compared to the 2024 forecast of $8 billion,” said KMI President Tom Martin. “We expect to continue benefiting from strong natural gas market fundamentals driving growth on our existing natural gas transportation and storage assets, as well as creating expansion opportunities. Overall, our base business is relatively flat with expansion projects in our Natural Gas Pipelines segment and Energy Transition Ventures group as the primary growth drivers,” Martin concluded. Below is a summary of KMI’s expectations for 2025: This press release includes budgeted Adjusted EPS, Adjusted EBITDA and Net Debt, all of which are non-GAAP financial measures. For descriptions of these non-GAAP financial measures and reconciliations to the most comparable measures prepared in accordance with generally accepted accounting principles, please see “ Non-GAAP Financial Measures ” below. Historically, KMI has disclosed budgeted distributable cash flow, or DCF, in the aggregate and per share. KMI has excluded budgeted DCF from this press release due to declining investor interest in DCF as a primary performance measure. KMI expects to continue to disclose DCF in 2025 as supplemental information in some investor materials for comparability purposes. KMI’s expectations assume average annual prices for West Texas Intermediate (WTI) crude oil and Henry Hub natural gas of $68 per barrel and $3.00 per MMBtu, respectively, consistent with forward pricing during the budget process. The vast majority of cash generated by KMI is fee-based and therefore is not directly exposed to commodity prices. For 2025, the company estimates that every $1 per barrel change in the average WTI crude oil price impacts Adjusted EBITDA by approximately $7 million, and each $0.10 per MMBtu change in the price of natural gas impacts Adjusted EBITDA by approximately $6 million. The KMI board of directors has preliminarily reviewed the 2025 budget and will take formal action on it at the January board meeting, expected to coincide with the issuance of fourth quarter 2024 earnings on January 22, 2025. The 2025 budget will be the standard by which KMI measures its performance next year and will be a factor in determining employee compensation. Kinder Morgan has posted a presentation that includes a brief overview of the 2025 budget to the Investor Relations website and expects to publish a detailed 2025 budget and outlook presentation on the company’s website in early February. About Kinder Morgan, Inc. Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 79,000 miles of pipelines, 139 terminals, 702 billion cubic feet of working natural gas storage capacity and have renewable natural gas generation capacity of approximately 6.1 Bcf per year with an additional 0.8 Bcf in development. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke, and ethanol and other renewable fuels and feedstocks. Learn more about our work advancing energy solutions on the lower carbon initiatives page at www.kindermorgan.com . Important Information Relating to Forward-Looking Statements This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. Generally, the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are generally not historical in nature. Forward-looking statements in this news release include express or implied statements pertaining to KMI’s expectations for 2024 and 2025, including expected Adjusted EPS, Adjusted EBITDA, Net Debt-to-Adjusted EBITDA, anticipated dividends, discretionary capital expenditures, KMI’s financing and capital allocation strategy, and the financial performance of growth projects. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize nor their ultimate impact on our operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include: the timing and extent of changes in the supply of and demand for the products we transport and handle; commodity prices; regulatory and policy changes; delays or cost overruns affecting expansion projects; and the other risks and uncertainties described in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2023 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on our website at ir.kindermorgan.com . Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements. Non-GAAP Financial Measures Our non-GAAP financial measures described further below should not be considered alternatives to GAAP net income attributable to Kinder Morgan, Inc. or other GAAP measures and have important limitations as analytical tools. Our computations of these non-GAAP financial measures may differ from similarly titled measures used by others. You should not consider these non-GAAP financial measures in isolation or as substitutes for an analysis of our results as reported under GAAP. Management compensates for the limitations of our consolidated non-GAAP financial measures by reviewing our comparable GAAP measures identified in the descriptions of consolidated non-GAAP measures below, understanding the differences between the measures and taking this information into account in its analysis and its decision-making processes. Certain Items, as adjustments used to calculate our non-GAAP financial measures, are items that are required by GAAP to be reflected in net income attributable to Kinder Morgan, Inc., but typically either (1) do not have a cash impact (for example, unsettled commodity hedges and asset impairments), or (2) by their nature are separately identifiable from our normal business operations and in most cases are likely to occur only sporadically (for example, certain legal settlements, enactment of new tax legislation and casualty losses) We also include adjustments related to joint ventures (see “ Amounts from Joint Ventures ” below). Adjusted EPS is calculated as Adjusted Net Income Attributable to Common Stock divided by our weighted average shares outstanding. Adjusted Net Income Attributable to Common Stock is calculated by adjusting Net income attributable to Kinder Morgan, Inc., the most comparable GAAP measure, for Certain Items, and further for net income allocated to participating securities and adjusted net income in excess of distributions for participating securities. We believe Adjusted Net Income Attributable to Common Stock allows for calculation of adjusted earnings per share (Adjusted EPS) on the most comparable basis with earnings per share, the most comparable GAAP measure to Adjusted EPS. Adjusted EPS applies the same two-class method used in arriving at basic earnings per share. Adjusted EPS is used by us, investors and other external users of our financial statements as a per-share supplemental measure that provides decision-useful information regarding our period-over-period performance and ability to generate earnings that are core to our ongoing operations. Adjusted EBITDA is calculated by adjusting net income attributable to Kinder Morgan, Inc. for Certain Items and further for DD&A, income tax expense and interest. We also include amounts from joint ventures for income taxes and DD&A (see “ Amounts associated with Joint Ventures ” below). Adjusted EBITDA (on a rolling 12-months basis) is used by management, investors and other external users, in conjunction with our Net Debt (as described further below), to evaluate our leverage. Management and external users also use Adjusted EBITDA as an important metric to compare the valuations of companies across our industry. Our ratio of Net Debt-to-Adjusted EBITDA is used as a supplemental performance target for purposes of our annual incentive compensation program. We believe the GAAP measure most directly comparable to Adjusted EBITDA is net income attributable to Kinder Morgan, Inc. Net Debt is calculated by subtracting from debt (1) cash and cash equivalents, (2) debt fair value adjustments, and (3) the foreign exchange impact on Euro-denominated bonds for which we have entered into currency swaps. Net Debt, on its own and in conjunction with our Adjusted EBITDA (on a rolling 12-months basis) as part of a ratio of Net Debt-to-Adjusted EBITDA, is a non-GAAP financial measure that is used by management, investors, and other external users of our financial information to evaluate our leverage. Our ratio of Net Debt-to-Adjusted EBITDA is also used as a supplemental performance target for purposes of our annual incentive compensation program. We believe the most comparable measure to Net Debt is total debt. 2025 budgeted Net Debt is calculated as budgeted total debt of $31.4 billion, less budgeted cash and cash equivalents of less than $0.1 billion; 2025 budgeted Net Debt does not include budgeted debt fair value adjustments or the budgeted foreign exchange impact on our Euro denominated debt, as these amounts are impractical to predict and are expected to be immaterial. Amounts associated with Joint Ventures - Certain Items and Adjusted EBITDA reflect amounts from unconsolidated joint ventures (JVs) and consolidated JVs utilizing the same recognition and measurement methods used to record “Earnings from equity investments” and “Noncontrolling interests,” respectively. The calculation of Adjusted EBITDA related to our unconsolidated and consolidated JVs include the same items (DD&A, including amortization of basis differences related to our JVs, and income tax expense) with respect to the JVs as those included in the calculation of Adjusted EBITDA for our wholly owned consolidated subsidiaries; further, we remove the portion of these adjustments attributable to non-controlling interests. Although these amounts related to our unconsolidated JVs are included in the calculation of Adjusted EBITDA, such inclusion should not be understood to imply that we have control over the operations and resulting revenues, expenses, or cash flows of such unconsolidated JVs. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209656170/en/ CONTACT: Dave Conover Media Relations newsroom@kindermorgan.comInvestor Relations (800) 348-7320 km_ir@kindermorgan.com www.kindermorgan.com KEYWORD: TEXAS UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Kinder Morgan, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:06 PM http://www.businesswire.com/news/home/20241209656170/enspin ph win

Brighton draws 0-0 with Brentford in lackluster Premier League encounter

From Health-Empowering Practices to More Eco-Smart Products, Explore the Top Trends Shaping Wellness, Beauty, Home Essentials, and Cooking for the Year Ahead LAKEWOOD, Colo. , Dec. 2, 2024 /PRNewswire/ -- Natural Grocers®, America's Nutrition Education Experts SM and the nation's largest family-operated organic and natural grocery retailer, has unveiled its highly anticipated Top Trends for 2025 . Now in its ninth year, the list highlights expert predictions on the emerging products and practices set to shape the year across four key categories: Health and Wellness , Body Care and Beauty , Food and Beverage , and those that are Ecologically Thoughtful . For the 2025 predictions, Natural Grocers' expert Nutrition Education team—including Registered Dietitians and Certified Natural Foods Chefs—joined forces with its purchasing, marketing, and analytics teams. This dynamic collaboration combined deep research, consumer insights, and trend analysis to craft a forecast that's as informed as it is exciting. "At Natural Grocers , we're always eager to see how evolving trends inspire healthier, more sustainable lifestyles," stated Raquel Isely , vice president of Marketing at Natural Grocers. "Each year we sift through evolving shopping habits and cutting-edge research to pinpoint the trends that will shape the way we live, eat, and care for ourselves in the year to come. "For 2025, we're seeing a focus on simple, yet thoughtful choices that prioritize wellness and the planet—like making blood sugar-friendly habits part of everyday life, exploring ocean-inspired body care, and embracing high-quality, globally-inspired proteins. These trends aren't just exciting—they're impactful, and some can make fabulous, practical holiday gifts! Whether it's a functional, natural skincare product geared towards men, a regenerative agriculture-friendly treat, or a product that helps kick forever chemicals out of the home, there's something meaningful for everyone on your list this season." NATURAL GROCERS' TOP TRENDS FOR 2025 Natural Grocers' Top Trends for 2025 are organized into four key categories: Health & Wellness , Body Care & Beauty , Food & Beverage , and Ecologically Thoughtful , encompassing a total of twelve trends. The expert team has included its "Try This Trend" feature, offering ideas and products for those eager to dive in and explore. For the third consecutive year, the company has also introduced a Bonus Trend—a unique highlight that connects and complements the entire lineup. The full list of trends is outlined below, with each category linked to detailed insights, product recommendations, and supporting research on the company's website. HEALTH & WELLNESS TRENDS BODY CARE & BEAUTY TRENDS FOOD & BEVERAGE TRENDS ECOLOGICALLY THOUGHTFUL TRENDS *BONUS TREND* Cultivating Biodiversity Becomes a Priority Natural Grocers will highlight these trends online and across their social media platforms throughout December. They will also be featured in the January edition of Natural Grocers' good4u Health Hotline® magazine, available in both online and print formats. ABOUT NATURAL GROCERS BY VITAMIN COTTAGE Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products, and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean, and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers and Crew make informed health and nutrition choices. Natural Grocers is committed to its 5 Founding Principles —including its "Commitment to Community" and "Commitment to Crew". In fiscal year 2024, the Company invested more than $15 million in incremental compensation and discretionary payments for Crew. Headquartered in the Union Square neighborhood of Lakewood, CO, Natural Grocers has 168 stores in 21 states. Visit www.naturalgrocers.com for more information and store locations. View original content to download multimedia: https://www.prnewswire.com/news-releases/natural-grocers-unveils-2025s-must-know-trends-302320141.html SOURCE Natural Grocers by Vitamin Cottage, Inc.

The work trends that dominated the headlines in 2024

Once presenting itself as one of the world’s most welcoming countries to refugees and immigrants, Canada is launching a global online ad campaign cautioning asylum-seekers that making a claim is hard. The C$250,000 ($178,662) in advertisements will run through March in 11 languages, including Spanish, Urdu, Ukrainian, Hindi and Tamil, the immigration department told Reuters. They are part of a broader shift in tone by Prime Minister Justin Trudeau’s unpopular government on immigration and an effort to clamp down on refugee claims. Migrants have been blamed for high housing prices, although some experts argue this is a simplistic explanation, and polls show a growing number of Canadians think the country admits too many newcomers. The four-month campaign is budgeted to cost a third of the total spend on similar advertisements over the previous seven years. Search queries such as “how to claim asylum in Canada” and “refugee Canada” will prompt sponsored content titled “Canada’s asylum system – Asylum Facts,” the ministry said. “Claiming asylum in Canada is not easy. There are strict guidelines to qualify. Find out what you need to know before you make a life-changing decision,” one ad reads. Canada has long been seen as a welcoming place for newcomers. Now its leaders are slashing immigration and trying to get temporary residents to leave and to prevent people fleeing U.S. President-elect Donald Trump from claiming asylum. “Immigration, Refugees and Citizenship Canada is working to combat the spread of misinformation and disinformation about Canada’s immigration system, and to highlight the risks of working with unauthorized representatives,” a department spokesperson wrote in an email. It may be an uphill battle. Canada’s refugee system faces a 260,000-case backlog amid growing global displacement. The government has little control over who claims asylum. Its immigration minister has hinted at fast-tracking claims deemed unlikely to succeed. The government is hoping millions of people will leave the country on their own when their visas expire, and the immigration minister has threatened to deport them if they do not. It is a dramatic about-face for a government that for years set out the welcome mat. In January 2017, when Trump took office, Trudeau tweeted: “To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada.” On Nov. 17, nearly eight years later, Trudeau published a video promoting his government’s immigration policies, calling out “bad actors” who “have been exploiting our immigration system for their own interests.” Last month, the Liberal government, trailing in polls, announced it is slashing permanent and temporary immigration. The population is projected to shrink slightly for two years. Ad campaigns to counter misinformation on how to apply for asylum could be useful, said University of Ottawa law professor and immigration expert Jamie Chai Yun Liew. “On the other hand, if they’re saying, ‘You’re not welcome’ ... it does seem contrary to Canada’s approach in the past,” she said. “They’ve switched their messaging.”Trump promises to end birthright citizenship: What is it and could he do it?

Joe Biden slams 'outrageous' ICC arrest warrant against Israeli Prime Minister Benjamin Netanyahu over alleged war crimes in GazaAfter three years in the position, Intel CEO Pat Gelsinger stepped down , it was announced on Monday . The move comes amid stark competition from other chipmakers amid the recent AI boom. "Leading Intel has been the honor of my lifetime — this group of people is among the best and the brightest in the business, and I'm honored to call each and every one a colleague," the former CEO said in a statement obtained by The Hill . "Today is, of course, bittersweet, as this company has been my life for the bulk of my working career," he continued. "I can look back with pride at all that we have accomplished together." Walmart joins growing list of corporations scaling back diversity policies under pressure from conservative activists 'Macy’s employee hid up to $154 million in expenses' as Q3 earnings report delayed Gelsinger started working at Intel in 1979 and worked his way through the ranks, serving as its first chief technology officer. He then spent about a decade away from the company before returning in 2021 to become CEO, taking over from Bob Swan, who led the company for two years. He acknowledged that it's been a "challenging year" for the company, which is struggling to compete with rivals like Nvidia as AI takes over and continues to grow. The company said in August that it would be cutting 15% of its workforce, which amounts to about 15,000 jobs, as it struggles to keep up and faces setback after setback. Click here to follow the Mirror US on Google News to stay up to date with all the latest news, sports and entertainment stories. Just last month, for the first time in over two decades, Intel was no longer a part of the Dow Jones Industrial Average on the stock market, replaced by Nvidia. It was a significant blow to the chipmaker, which has been one of the 30 stocks in the dow for the aforementioned length of time. "While we have made significant progress in regaining manufacturing competitiveness and building the capabilities to be a world-class foundry, we know that we have much more work to do at the company and are committed to restoring investor confidence," Intel's board chair Frank Yeary said in a statement on Monday. In Gelsinger's absense, David Zinser and Michelle Johnston Holthaus will take over as interim co-CEOs as the search for new chief executives gets underway. DAILY NEWSLETTER: Sign up here to get the latest news and updates from the Mirror US straight to your inbox with our FREE newsletter.

FORT WORTH, Texas -- Navy quarterback Blake Horvath had a 95-yard touchdown run, the longest in school history, in the Armed Forces Bowl against Oklahoma on Friday. Horvath's score with 3:49 left in the third quarter tied the game at 14-14. The previous record for the Midshipmen came during the Roger Staubach era, when Johnny Sai had a 93-yard run against Duke in 1963. After faking a handoff, Horvath ran straight up the middle into the open field. Brandon Chatman cut off a pursing defender around the Sooners 20 and by time cornerback Woodi Washington was able to catch up, Horvath stretched the ball over the goal line while going down — though he was initially ruled short before a replay review resulted in the touchdown. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Beginning Friday, Hoosiers in the Merrillville area who need a driver's license, state identification card, vehicle registration or similar BMV service should visit the new office at 7905 Broadway. The new location features 20 customer service stations and 18 examiner stations, along with BMV Connect kiosks open 24 hours a day for motorists to complete on their own more than a dozen common BMV transactions. The new Merrillville branch also is the first dealer fleet location in Northwest Indiana with services to help auto dealers and businesses with vehicle fleets complete bulk title and registration work. Hours at the new BMV location are unchanged. It'll be open 8 a.m. to 5:30 p.m. on Mondays, Tuesdays, Thursdays and Fridays, and closed on Wednesdays, Saturdays and Sundays. Tuesday is the final day of operations at the current Merrillville BMV, 5117 E. 81st Ave.

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