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Mike Ashley's Frasers Group has called on shareholders of online fashion giant Boohoo to oust co-founder Mahmud Kamani and is pushing for the Sports Direct mogul to take up a leadership position. As Boohoo's largest investor, Frasers declared that Mr. Kamani "must go" following the steep drop in the retailer's share value over the past trio of years. Once executive chairman, Mr. Kamani has transitioned to the role of executive vice-chairman, while Tim Morris, who joined the board in 2021, has assumed the chairmanship. However, this shift does not sway Frasers' position, as they argue Mr. Kamani's influence remains unchanged. A spokeswoman for Frasers insisted: "His title might have changed but his grip on the company has not." "Recent events, in particular the interim results, lack of transparency and further supply chain allegations, should leave shareholders in no doubt – Mr Kamani must go." The call to action extends to Frasers proposing Mike Ashley as the new CEO of Boohoo alongside Mike Lennon stepping in as a director. Earlier this month, Boohoo overlooked Mr. Ashley's ambitions to lead as CEO by bringing in Dan Finley as successor to John Lyttle. This development follows Boohoo's strategy to counteract its recent downturn in sales by securing new funds amounting to £39.3 million. The retailer, along with competitor Asos, which also has Frasers as a shareholder, has experienced a recent decline in sales due to pressure from Asia-based rivals Shein and Temu. ChronicleLive is now on WhatsApp and we want you to join our communities. We have a number of communities to join, so you can choose which one you want to be part of and we'll send you the latest news direct to your phone. You could even join them all! To join you need to have WhatsApp on your device. All you need to do is choose which community you want to join, click on the link and press 'join community'. No one will be able to see who is signed up and no one can send messages except the ChronicleLive team. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you’re curious, you can read our privacy notice . Join the ChronicleLive Breaking News and Top Stories community Join our Court & Crime community Join the Things to do in Newcastle and the North East community Join our Northumberland community Join our County Durham community Join our Sunderland community Join our NUFC community Join our SAFC community Join our Great North Run communityA BRITISH man has died after losing consciousness while diving in Greece. The 25-year-old was found in the sea in after diving in Vouliagmeni, south of Athens on Saturday afternoon. According to the Coast Guard, the diver reportedly lost consciousness while diving with instructors from a private company. The Brit was picked up by an EKAV ambulance and taken to the nearest hospital where he was pronounced dead. The Port Authority, who is conducting the preliminary investigation, arrested the 46-year-old diving instructor and his 37-year-old assistant for allegedly violating article 302 of the Criminal Code. The diving equipment was confiscated. An autopsy has been ordered to be performed at the Forensic and Toxicology Laboratory of the School of Medicine of the EK.PA.A. It comes after a Brit lawyer died after she was poisoned by a drink laced with methanol in Laos. Simone White , 28, from Orpington, Kent, is the fifth tourist to have tragically died after falling ill last week. It comes just hours after 19-year-old Australian tourist Bianca Jones was confirmed dead. Two Danish women in their twenties and an American are also reported to have died after the incident. At least 11 people, including Brits, remain in hospital after allegedly being served laced drinks at a bar in Vang Vieng. Simone was an associate lawyer specialising in intellectual property and technology at American law firm Squire Patton Boggs in London, The Times reports. Governments in Australia and Britain have previously warned travellers to be careful with alcoholic drinks in Laos. Methanol is a toxic alcohol that is used industrially as a solvent, pesticide, and fuel source, the US Centers for Disease Control and Prevention says on its website. Meanwhile a Brit tourist has been found dead in a storm drain in Thailand after he went missing on a night out. The 37-year-old male was found by locals face down in the water at around 9 am on Wednesday. He was pronounced dead at the scene by police and paramedics who quickly attended. It is believed the man from Wiltshire, England, had been out drinking alone in Phuket while on holiday with his family. An investigation was launched into his death after relatives told cops that he had been missing since 10 pm on Tuesday. A source told Asia Pacific: "[He] was with his family. He arrived in Phuket on November 17 and was staying at Seaview Hotel in the Patong area. "We had not been able to contact him since about 10 pm on Tuesday night." Police have revealed that shocked locals reported finding the body outside a local bike shop at 9:30 am. He was found in the ditch used to carry off rainwater despite there being a handrail in front of it. More to follow... For the latest news on this story keep checking back at The Sun Online Thesun.co.uk is your go-to destination for the best celebrity news, real-life stories, jaw-dropping pictures and must-see video. Like us on Facebook at www.facebook.com/thesun and follow us from our main Twitter account at @TheSun .
Halito and Happy Thanksgiving. As Native Americans, we choose to be thankful for each new day and the blessings that enrich our tribes. Our gratitude extends throughout the year for what we have and for the good fortune that lies ahead. For many, Thanksgiving is a time for fellowship, family, food and fun. Some of my fondest memories come from simply being with loved ones, sharing our faith, laughing at stories and enjoying a good meal and great company. However you celebrate this holiday, hope you find safety, happiness and are surrounded by love and joy. Our Choctaw ancestors gathered for seasonal feasts that brought the tribe together for connection, delicious food, and games. This holiday let’s take a moment to reflect on our blessings, the love of family and friends, a full belly, and a roof over our heads. Let’s be grateful for not just having our wishes fulfilled, but for having our needs met. Yakoke and God bless.Knecht was once ignored by NBA teams with draft picks ahead of the Lakers. Now he's a hot-shooting rookie who has earned the NBA's attention
NoneThe standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.
AP News Summary at 10:21 a.m. EST
McDonald's Corp. stock underperforms Friday when compared to competitors
Tommy DeVito didn't take any offense to Baker Mayfield mimicking his touchdown celebration, admitting he wasn't even aware of it until it was mentioned in the locker room following the New York Giants' 30-7 loss to the Tampa Bay Buccaneers. "They're having a good game, they celebrated," DeVito told reporters post-game. "It is what it is." The quarterback battle was one-sided, as the Buccaneers dominated the Giants in their first game without Daniel Jones following his release earlier this week. DeVito made his first start and saw his first action for the Giants this season, completing 21-of-31 passes for 189 yards. Mayfield completed 24-of-30 passes for 294 yards and one rushing touchdown. The second-year player's celebration is a nod to his Italian heritage, according to ESPN's Jenna Laine . It involves raising his arms in the air while pinching his fingers together. As Tampa Bay built a 23-0 lead, the Buccaneers' sideline followed Mayfield's lead by joining in on the imitation. DeVito and the Giants will put today's events behind them as they seek redemption on Thursday against the Dallas Cowboys on the road.AKRON, Ohio (AP) — Tony Osburn's 23 points helped Omaha defeat Lamar 65-59 at the Akron Basketball Classic in Akron, Ohio on Sunday. Read this article for free: Already have an account? To continue reading, please subscribe: * AKRON, Ohio (AP) — Tony Osburn's 23 points helped Omaha defeat Lamar 65-59 at the Akron Basketball Classic in Akron, Ohio on Sunday. Read unlimited articles for free today: Already have an account? AKRON, Ohio (AP) — Tony Osburn’s 23 points helped Omaha defeat Lamar 65-59 at the Akron Basketball Classic in Akron, Ohio on Sunday. Osburn shot 7 of 13 from the field, including 5 for 9 from 3-point range, and went 4 for 4 from the line for the Mavericks (3-5). Ja’Sean Glover added 14 points while going 4 of 9 from the floor, including 3 for 5 from 3-point range, and 3 for 5 from the line while they also had five rebounds. Marquel Sutton had 13 points and shot 4 of 14 from the field and 4 for 4 from the line. The Mavericks ended a five-game losing streak with the victory. The Cardinals (1-5) were led in scoring by Alexis Marmolejos, who finished with 15 points and four assists. Cody Pennebaker added 11 points and six rebounds for Lamar. Andrew Holifield finished with nine points, three steals and four blocks. NEXT UP Both teams play on Saturday. Omaha hosts Abilene Christian and Lamar hosts Our Lady of the Lake. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global metallurgical coal market size is estimated to grow by USD 95.27 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.77% during the forecast period. Increasing demand for steel is driving market growth, with a trend towards increase in number of smart city projects. However, volatility in prices of metallurgical coal poses a challenge. Key market players include Alpha Metallurgical Resources Inc., Anglo American plc, Arch Resources Inc., ARLP, Bharat Coking Coal Ltd., BHP Group plc, China Shenhua Energy Co. Ltd., Coal India Ltd., CONSOL Energy Inc., Coronado Resources Inc., EVRAZ Plc, Glencore Plc, Harman Fuels LLC, Peabody Energy Corp., Prairie State Energy Campus, Shanxi Coking Coal Xishan Coal and Electricity Co Ltd., Teck Resources Ltd., Warrior Met Coal Inc., and Whitehaven Coal Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The global smart city market is experiencing significant growth, with an anticipated Compound Annual Growth Rate (CAGR) of over 22% according to Technavio analysis. Smart cities utilize digital technology to optimize resource usage and enhance productivity and well-being. Infrastructure development, including roads, residential areas, and community facilities, is a key focus. Steel is essential for constructing these structures, making it a vital component in the growth of smart cities. As metallurgical coal is a primary input in steel production, the expansion of smart cities is expected to boost metallurgical coal consumption for steelmaking. The European Innovation Partnership on Smart Cities and Communities, backed by the European Commission, is a significant market driver, aiming to create a European smart city market and improve livability. These developments underscore the importance of metallurgical coal in the global infrastructure sector, positioning it for continued growth in the forecast period. Metallurgical coal, a crucial component in steelmaking, is currently in focus due to its petrographic properties and carbonization process. Coal's thermal maturity, carbon content, and fossil carbon structure impact its utilization as an energy source or household fuel. Coal properties, such as coking properties, mesophase, pyrolysis, thermosolvolysis, and fluidity, influence coal macerals and chemical composition, determining coal rank. Coal extraction and blending techniques are essential for industrial processes, including coal-fired boilers and coke formation in blast furnaces. Metallurgical and thermal coal reserves are essential for power generation, but ESG risks, carbon footprint, greenhouse gas emissions, air pollution, and respiratory illnesses are growing concerns. Understanding coal deposits and their reserves is vital for the industry's sustainable growth. Carbon content, anthracite, and coal rank are significant factors in evaluating coal's suitability for various applications. The coal industry must address these challenges through innovative industrial processes and ESG initiatives to meet the evolving market demands. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Metallurgical coal is an essential resource in steel production, as it is used to create coke. The cost of metallurgical coal is influenced by global demand for iron and steel, making it more expensive than thermal coal. Prices for metallurgical coal are volatile due to macroeconomic factors, including global steel demand and trading policies of major consumers like China . For instance, India , the world's second-largest crude steel producer and a significant importer of coking coal, experienced a 49% increase in coking coal prices between May and November 2023 . These fluctuations make the market unreliable, with prices reaching as high as USD365 per ton in October 2023 . Despite predictions of falling prices, the value of Australia's metallurgical coal exports is expected to decrease due to these price fluctuations. The volatility of metallurgical coal prices acts as a barrier to market growth. Metallurgical coal, including bituminous, sub-bituminous, lignite, and coking coal, plays a crucial role in industries like steelmaking and electricity generation. Coking coal's primary use is in steel production, where it transforms into carbon-rich coke during the coking process, essential for iron ore to produce pig iron in the steelmaking process. However, challenges persist. Coal quality factors like caking ability, ash content, volatile matter, sulfur, and phosphorus impact coke production efficiency and steel quality. In electricity generation, non-coking coal is used, but its heating process requires careful consideration due to its lower heating value and higher ash content. Coal classification, based on vitrinite content, helps determine coal's suitability for various uses. Coking coals have high vitrinite content, while non-coking coals have low vitrinity. Metallurgical coke production relies on coal's caking property and plasticity. The steel industry and thermal power plants face a demand-supply gap due to depleting coal reserves and increasing environmental concerns. Coal blending and characterization, including coal washing and coking index determination, are essential to optimize coal usage and improve product quality. Additionally, metallurgical coal is used in producing ferro-chromium, ferro-manganese, carbon electrodes, pesticides, chemical products, carbon fibers, and medicines. The challenges in the metallurgical coal market include ensuring consistent coal quality, managing the supply chain, and addressing environmental concerns. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This metallurgical coal market report extensively covers market segmentation by 1.1 Steel making 1.2 Non-steel making 2.1 Hard coking coals 2.2 Semi-soft coking coals 2.3 Pulverized coal injection 3.1 APAC 3.2 North America 3.3 Europe 3.4 Middle East and Africa 3.5 South America 1.1 Steel making- Metallurgical coal plays a crucial role in the steelmaking industry, primarily used for coke production in the Blast Furnace-Basic Oxygen Furnace (BF-BOF) and Electric Arc Furnace (EAF) processes. While BF-BOF requires larger volumes of metallurgical coal, EAF uses lower amounts. In 2020, the BF-BOF process was the dominant steel production method, with world crude steel output reaching 145.5 million tons (Mt) in November 2023 , a 3.3% increase from the previous year. This growth is driven by the rising global demand for steel, particularly in emerging economies like China and India , which are among the largest steel producers. Urbanization, infrastructure development, and the construction of new smart city projects further fuel this demand. Additionally, the coking process produces byproducts such as coal tar and benzol, which have stable demand in various industries. New steel plants are being established globally to meet this rising demand, further increasing the need for metallurgical coal. According to the International Energy Agency, global coal demand reached a record 8.3 billion tons in 2022, driven by its availability and affordability compared to other energy sources. These factors collectively contribute to the growth of the metallurgical coal market during the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Metallurgical coal, also known as coking coal, is a type of coal with high carbon content and caking ability essential for steelmaking. The world's largest metallurgical coal reserves are found in countries like Australia , China , India , and the United States . Metallurgical coal is primarily used in the production of coke for blast furnaces in the steelmaking process. Coke is produced by heating metallurgical coal in the absence of air to drive off volatile impurities, leaving behind a solid carbon-rich material. Metallurgical coal's high carbon footprint and air pollution make it a significant contributor to greenhouse gas emissions and respiratory illnesses. ESG (Environmental, Social, and Governance) risks associated with metallurgical coal mining and usage are increasingly becoming a concern. Metallurgical coal is used extensively in power generation, but its use is being phased out in favor of cleaner alternatives like natural gas and renewable energy sources. Thermal coal, on the other hand, is used primarily for electricity generation and household heating. The carbon content of thermal coal is lower than that of metallurgical coal, making it less suitable for steelmaking. Coal types include anthracite, bituminous coal, sub-bituminous coal, and lignite. Iron ore, pig iron, and various alloys like ferro-chromium and ferro-manganese are produced using metallurgical coal in the steelmaking process. Metallurgical coal, also known as met coal, is a type of coal with high coking properties used primarily in steelmaking. It contains a higher carbon content than thermal coal, which is used for power generation and household heating. The world's largest coal reserves include metallurgical coal deposits in countries like China , Australia , India , and the United States . Metallurgical coal's primary use is in the steel industry, where it is transformed into coke in blast furnaces. Coke is essential for iron ore reduction in the steelmaking process, producing pig iron, which is then converted into steel. Metallurgical coal's carbon content, caking ability, and other properties are crucial for the successful production of coke. ESG risks, including carbon footprint and air pollution, are significant concerns for the metallurgical coal market. Greenhouse gas emissions from coal combustion contribute to climate change, while air pollution from coal mining and processing can lead to respiratory illnesses. The metallurgical coal market is also influenced by factors like coal quality, coal classification, and coal utilization. Coal quality is determined by properties like carbon content, ash content, volatile matter, sulfur, and phosphorus. Coal classification systems like the ASTM and the International Coal and Coke Classification System help standardize the assessment of coal quality. Coal utilization includes various applications, such as electricity generation, household heating, anaerobic heating, and the production of carbon fibers, medicines, and chemical products. The steel industry and thermal power plants are significant consumers of metallurgical coal. The metallurgical coal market is influenced by various processes like carbonization, thermal maturity, and coal characterization. Carbonization is the process of heating coal in the absence of air to produce coke and coal tar. Thermal maturity refers to the degree of coal's transformation from a plant to a solid fuel due to heat and pressure. Coal characterization involves analyzing the coal's chemical composition, coal macerals, and coal rank to determine its suitability for specific applications. Coal extraction techniques include coal washing, which separates coal from impurities like rock, clay, and other minerals. Coal blending techniques involve mixing different types of coal to improve the overall quality and reduce impurities. The metallurgical coal market's demand-supply gap can impact prices and availability. Factors like coal reserves, coal production, and coal washing capacity can influence the supply side, while demand from the steel industry and thermal power plants can impact the demand side. The metallurgical coal market's future outlook is influenced by various factors, including technological advancements, environmental regulations, and geopolitical risks. Technological advancements like the Corex process, which uses natural gas instead of coal to produce direct-reduced iron (DRI), could reduce the demand for metallurgical coal in the steel industry. Environmental regulations aimed at reducing greenhouse gas emissions and air pollution could increase the cost of producing and using metallurgical coal. Geopolitical risks, such as supply disruptions from major coal-producing countries, could impact the availability and price of metallurgical coal. The metallurgical coal market's future also depends on the development and adoption of alternative energy sources and technologies. Renewable energy sources like wind, solar, and hydroelectric power are becoming increasingly cost-competitive with coal-fired power generation. Carbon capture, utilization, and storage (CCUS) technologies could help reduce the carbon footprint of the steel industry and thermal power plants. In conclusion, the metallurgical coal market is a complex and dynamic system influenced by various factors, including coal reserves, coal quality, steel industry demand, environmental regulations, and technological advancements. Understanding these factors is essential for stakeholders in the metallurgical coal market to make informed decisions and navigate the challenges and opportunities of this industry. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application Steel Making Non-steel Making Type Hard Coking Coals Semi-soft Coking Coals Pulverized Coal Injection Geography APAC North America Europe Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioAmorim enjoyed the perfect start when Marcus Rashford poked the visitors ahead after 81 seconds at Portman Road following excellent play by makeshift right wing-back Amad Diallo. The 39-year-old would have expected United to kick on, but the opposite occurred as Ipswich roared back and claimed a deserved leveller via Omari Hutchinson’s deflected 43rd-minute strike. In the end the visitors were indebted to goalkeeper Andre Onana, who produced two outstanding saves either side of half-time to deny Liam Delap from close-range and ensure they did not taste defeat on Amorim’s big day. While the former Sporting Lisbon boss was happy with the effort of his players, especially in his favoured 3-4-3 system for the first time, he provided a damning assessment of their immediate prospects. “It is hard to expect anything now. It is like not a surprise but you have to see it in the game. That is why I was a little bit anxious, because you cannot understand what will happen in the game. I felt that,” Amorim reflected. “What I understood today is that they are trying, they are really trying. They stay in the positions, they receive information and they try to use it in the game. That is very important. “Even in the difficult moments, I felt they were doing the things we said for them to do. “I know it is frustrating for the fans, but we are changing so much in this moment with a lot of games. We are going to suffer for a long period and we will try to win games. This will take time, but I know we have to win games. “We could lose if it was not (for) Onana. We have to understand that and think and be pragmatic that these guys had two days training to change so much.” The early big calls by Amorim paid off as Diallo, in an unorthodox wing-back role, burst forward past Jens Cajuste’s lunging tackle and set up Rashford, who had been preferred down the middle over Rasmus Hojlund. Something to build on for Ruben's Reds 🧱 #MUFC || #IPSMUN pic.twitter.com/GuzuP6KrHW — Manchester United (@ManUtd) November 24, 2024 Christian Eriksen fizzed an effort wide soon after but Ipswich enjoyed the better of the first half and after Onana produced a miraculous save to deny Delap – following a Leif Davis pass – Town got their reward when Hutchinson turned Casemiro and his left-footed strike deflected in off Noussair Mazraoui. A frantic start to the second period, where Onana denied Delap again after he produced a back flick to Wes Burns’ cross, was followed by a lull before late chances for both teams were squandered as it finished all square in Suffolk. Amorim added: “We started very well but then we should have more possession with the ball. “When we make a new structure and you are so clear on that, they need time to have some fluidity in the game. I felt that but it is two trainings (sessions after the international break) and they did OK.” What also left an impression on Amorim was a buoyant Portman Road. “The atmosphere, you are lucky guys,” he said with a smile. “You have the best, by far, the best league in the world and you see this every weekend, but to tell you the truth, when the game started, it is the same thing since the (Portuguese) third division, I am so focused on the game and I am playing with my players inside the pitch.” Ipswich boss Kieran McKenna, who used to manage United’s Under-18s side, felt his newly-promoted team could have beat his old club and paid tribute to Onana’s sensational two saves to deny Delap. “I thought it was his head to be honest, but if he’s saved that from that range, it’s an incredible save,” McKenna admitted. 🗣️ "Lots of good things and another point." Kieran McKenna's full interview following #IPSMUN is now available on TownTV. ⤵️ — IPSWICH TOWN (@IpswichTown) November 24, 2024 “The save in the second half was probably a big one. I’ve not seen it back but that was maybe the clearest chance in the second half, so that’s a really good save. “We probably had the better chances, but it was an even game. “We certainly felt we could have won it but there is big positives in how we played.”
London Symposium: Quebec out in front of green energy transition with support for tech, minersTrump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts