Number of prisoners in north falls to 840
A pair of teams with minimal rest will face off in Nassau, Bahamas, on Sunday when No. 22 St. John takes on Georgia. St. John's (5-1), which will play its third game in four days, began the stretch in the Bahamas Championship on Thursday, dropping a heartbreaker to No. 13 Baylor. The Red Storm led by 18 in the first half before Baylor forced overtime. From there, St. John's rallied from five down with 1:47 left to send the game to a second overtime, where it saw Baylor knock down a pair of 3-pointers in the final seven seconds -- including Jeremy Roach's buzzer-beater -- to knock off the Red Storm 99-98. In the third-place game on Friday, St. John's breezed past Virginia 80-55. RJ Luis Jr. led the way with 18 points and four steals, followed by Kadary Richmond's 12 points, as the Red Storm took a one-point lead with 15:21 left in the first half and didn't trail again. "I'm really impressed with our guys, coming off a double-overtime, extremely emotional loss," St. John's head coach Rick Pitino said. "To respond that way was extremely impressive, both offensively and defensively." Pitino, in his second year with the Red Storm, was moved by something off the court on Friday, involving captain Zuby Ejiofor, who chipped in eight points, nine boards, two steals and two blocks. Ejiofor was serenaded by St. John's fans during the win, following his two missed free throws at the end of double overtime against Baylor. "When you've only been in a job for a year, you search for things you love about a place," Pitino said. "Tonight I found out what I love about St. John's. Our fans chanted Zuby's name the whole game, which doesn't happen anywhere else in America. I was really impressed with our fans and I thank them for making Zuby feel good, because he gives you all the energy." Luis leads the Red Storm with 17.3 points per game, followed by Ejiofor (10.7), Aaron Scott (10.5), Deivon Smith (10.3) and Richmond (10.2). Georgia enters Sunday's matchup looking to rebound from its first loss after falling to No. 15 Marquette 80-69 on Saturday. Georgia (5-1) battled back from a 15-point, second-half deficit, but was held to just three points over the final 4:57 in Saturday's loss. Blue Cain led the Bulldogs with a season-high 17 points, including five 3-pointers. "It's a process. It's a journey with this team," Bulldogs head coach Mike White said. "It's about continuing to make strides, continuing to protect our culture. ... At the end of the day, wins and losses are going to take care of themselves. We just have to embrace the process and enjoy it." Five-star freshman recruit Asa Newell was held to a season-low nine points but leads the team with 15.5 points per game. Silas Demary Jr. is second with 13.8. --Field Level MediaSACRAMENTO — The Butte College men’s soccer team made history when it advanced to the California Community College Athletic Association Final Four for the first time with a win on Nov. 30, and the Roadrunners made history once again when they defeated Long Beach City College 1-0 Friday to advance to the program’s first-ever CCCAA state championship. “Unbelievable,” Butte head coach Ross Sandberg said when asked about his first reaction to advancing to the state championship. “These guys showed their resilience. Long Beach City brought a lot of pressure. Their number 10 (Jose Mariscal) advertised, number 17 (Ulises Grado) was elite. My backline was top-notch as well. It was a fun game for the crowd to watch, hands down, and it was not fun for either one of us coaches to coach in. It was sheer excitement and tears, and these guys have been through so much. I’m still at a loss for words.” Butte will face Cuyamaca (18-4-2), which defeated Cañada 2-1 in double overtime in the other CCAA semifinal. The Coyotes have won 14 straight, entering the CCCAA championship Sunday, while the Roadrunners have won seven straight and nine of their last 10. As the Roadrunners prepared to depart for Sacramento for their Final Four matchup on Friday, Sandberg told his team he wanted to stay for the full weekend. This meant winning Friday and competing for the CCCAA championship on Sunday. On paper, the Roadrunners (18-4-4) had their odds stacked against them, coming in as the No. 14 seed in the NorCal bracket and facing the No. 1 team in the SoCal bracket Long Beach (19-4-3). However, the Roadrunners played on the road for three of their four playoff matches entering Friday, all five, if you include their first-round match that was forced to be played at Harrison Stadium in Oroville due to field conditions. They also had injuries occur throughout the season, and are as healthy as they’ve been all season and playing their best. They’ve embraced a back-to-the-wall mentality all season, having the mental toughness to play from behind in key matches and come out on top. “We had the option to wear our black uniforms or wear our white uniforms, and we chose to wear our whites,” Sandberg said. “We’ve been in the whites for six games in a row now and on the road still. This whole ride that we’ve been on for the last two and a half weeks is something we’ll all remember forever.” Friday’s match was similar to one the Roadrunners have played all season. Long Beach controlled the ball for much of the first half and out-shot Butte 25-8 and 7-2 in shots on goal. Sandberg said the Roadrunners were outplayed for the first 20-30 minutes due to nerves, but settled down and sharpened up as the match went on. Sandberg said he was OK with the amount of shots taken, as a lot of them were from 20-25 yards away. The Roadrunners’ chances came off of counter-attacks but were limited. Butte goalkeeper and Chico High alumnus Manny Diaz made seven saves to keep the Vikings off the scoreboard. “Manny had, I would say, his best game of the year,” Sandberg said of his goalkeeper. “He was clutch, he was comfortable, his ball distribution continues to get better, he made some great saves that kept us in the game, and he just continues to develop.” With three minutes and 40 seconds left in regulation, Butte forward Matteo Di Gennaro capitalized on a turnover by the Vikings. The Roadrunners knew it was getting close to going to overtime and began to apply pressure. On a pass backward by the Long Beach defender intended for goalkeeper Abraham Ramirez, Di Gennaro beat Ramirez to the ball and flipped it over the goalkeeper’s head on his fourth shot and only shot on goal to give the Roadrunners a 1-0 lead. The match was as physical as expected, with four yellow cards being shown to the Roadrunners and two to the Vikings. Butte captain Elias Stingl received a red card 89 minutes and 55 seconds into the match, just three minutes after the match’s only goal. As a result of the red card, Stingl is suspended for one match, ending the sophomore’s junior college career. The foul was called on a slide tackle, but Sandberg could not get official clarification from the referee as the refs were busy calming the crowd down. Sandberg said he and Butte College are in the appeal process as of Friday night and sending a video to the CCCAA, in hopes of getting Stingl eligible for Sunday’s match. Sandberg said the commissioner and president of the CA were on site and saw it happen, so “hopefully, they justly do it.” “Hopefully, they make a decision quickly. You can’t do that to a sophomore with one minute left in a game in a state semifinal game,” Sandberg said. “Sophomore, defensive player of the year, probably All-American, second foul called on him all game and a straight red? Unjust. It was crap.” As a result of the red card, the Roadrunners played a man down for the remainder of the match, which included three minutes of stoppage time, but will be able to play with a full team minus Stingl if the appeal is upheld by the CCCAA. “We’ve had next man up all season,” Sandberg said. “We’ve had a ton of injuries and overcome a lot, and this is just another thing. My heart goes out, and I’m gut-wrenched for Elias Stingl as a person and as a player, for what he’s poured into this program, and this being his sophomore season and the captain of this team. Crappy way for this to end.”
Lou Carnesecca’s ‘crazy impact’ helped St. John’s land Simeon Wilcher
AP Trending SummaryBrief at 4:13 p.m. ESTGiven that money -- and technology -- make the world go round, it's not surprising that the combination can make for some of the world's most rewarding investments. Here's a closer look at three fantastic fintech stocks you can buy in quantity, even if you've only got $1,000 to work with. Bill Holdings Even if you haven't heard of Bill Holdings ( BILL 1.70% ) , there's a very good chance your employer has. Bill offers a range of accounting software to enterprises of all sorts and sizes. It's a seemingly crowded market dominated by brands like QuickBooks, NetSuite, and ZipBooks. Bill is still something of a standout within this space, though. Its software is built from the ground up to meet the unique needs of accounts receivable and accounts payable departments, accounting firms, and supervisors who just need to keep a handle on employees' spending. The company monetizes this cloud-based technology by charging subscription fees for access to it, or by charging a small fee for every processed payment it facilitates. Last quarter's revenue was up 18% year over year, extending the company's well-established top-line progress. BILL Revenue (Quarterly) data by YCharts There’s no getting around the fact that Bill’s revenue growth is slowing down. Its revenue-retention rate is also falling, from better than 100% just a couple years ago to only 92% at the end of fiscal 2024 on June 30. It means at least some customers are discontinuing their service, or at least using its technology less. This slowdown could also be the result of economic headwinds that are forcing small businesses to cut costs whenever and however they can. Bill should at least be actively addressing both challenges, while sharing its plans with shareholders about how it’s doing that. Just keep things in perspective. This company’s high-growth phase in 2022 and 2023 wasn’t exactly sustainable in light of the way it was being driven. Although top-line growth may be slowing now, profit margins are widening faster because sales have been growing much faster than spending has. This new norm makes for a higher-margin business, providing Bill Holdings with the fiscal flexibility it needs to navigate the two aforementioned challenges. The stock is still relatively expensive by almost all measures. It's also trading a bit above the consensus price target around $82. These could seem to hold the stock back. The thing is, the stock's present price and analysts' collective pessimism reflect more of the past than the plausible future. The more this stock bounces back from the big pullback following its pandemic-promoted 2021 peak, the more likely it is that the market will start pricing in this bright future. Bill's solutions are what many enterprises and businesses have been waiting on for a long while. SoFi Technologies Given the degree to which consumers have moved many aspects of their lives online (shopping, work, keeping up with friends, etc.), it comes as no surprise that folks are increasingly doing their banking online too. What may surprise you, though, is the extent to which it's already happened. Yet, there's still much more of this shift left to play out. As of its latest look at the data, the American Bankers Association says that within the United States, a mobile banking app is the most commonly used means of handling banking business, with 48% of customers making it their first option. Online banking (via a web browser) is a distant second at 23%. In-branch visits and telephone calls are relatively rare. Connect the dots. Most banking consumers are self-sufficient these days, so much so that they rarely -- if ever -- need any help from an actual person. Enter SoFi Technologies ( SOFI 3.93% ) . Founded in 2011 as a platform intended to help consumers better manage student loans, SoFi has since evolved into so much more. Checking accounts, loans, credit cards, insurance, and investments are all in its wheelhouse, with all of these services available in a purely online package. Consumers are increasingly embracing these options. As of the end of September, the company boasts 9.4 million customers, extending what's become a four-year uninterrupted streak of quarterly user growth from a count of 1.5 million customers in the same period of 2020. Revenue and earnings before interest, taxes, depreciation, and amortization ( EBITDA ) have grown at a similarly fast clip as these customers sign up for additional products and services once on board. The company swung to a sustained profit early this year and is expected to continue widening these profits going forward. SOFI Revenue (Quarterly) data by YCharts There's certainly plenty more room for SoFi Technologies to continue this pace of growth into the distant future, too. Despite the online banking industry's growth thus far, YouGov reports that only 3 out of every 10 U.S. consumers currently have an account with an online-only bank . The other 7 are up for grabs. They're apt to come around soon enough. Market research outfit Straits Research predicts that the global online banking business is set to achieve annualized growth of nearly 14% through 2030, led by the North American market. American Express Finally, add American Express ( AXP 2.83% ) to your list of fintech stocks to scoop up if you're currently sitting on an extra $1,000. It's obviously far better known than Bill Holdings or SoFi Technologies. American Express is, of course, a credit card name. Its payment network handled nearly $1.7 trillion worth of transactions last year and turned that into $13.5 billion worth of revenue. There are roughly 140 million American Express cards in consumers' hands right now. The thing is, AmEx is unlike more familiar credit card payment networks like Mastercard and Visa . It's far more accurate to see American Express as a credit card provider as well as a payment network platform combined in a way that creates a powerful revenue-bearing credit card ecosystem. Think about it. Although almost every credit card offers perks of some sort, few compare to those received by Amex cardholders. Hotel-stay credits, cash back on groceries, discounted streaming services, access to airport lounges, and more are just some of the reasons people (and businesses) will pay as much as $695 per year to hold an American Express card. Merchants, of course, also pay the company a small fee every time a member uses one of its cards at their establishment. It's also worth noting that Amex tends to attract more affluent consumers who may not be as adversely impacted by economic headwinds as the average consumer occasionally is. That's at least part of the reason the company's now reported 14 consecutive quarters of revenue growth, carrying it out of its pandemic-prompted funk in a rather impressive fashion. Its future is bright, too. Millennials and Gen Z, in particular, are big fans, collectively accounting for about one-third of the company's payment volume and the vast majority of last quarter's new cardholders. This under-40 crowd is already accustomed to membership-based ecosystems like Amazon Prime and access to Costco 's stores. As this crowd ages at the same time Generation Alpha reaches adulthood, look for more consumers to become even more willing to pay for Amex's superior perks.No. 25 Illinois' TD with four seconds left upends RutgersHigh winds postpone Liverpool’s Premier League clash at Everton
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AP News in Brief at 6:04 p.m. EST
Representative Chris Smith, a New Jersey Republican , warned on Saturday that the recent drone sightings over the Garden State are "a very considerable danger." The mystery drones have been spotted in recent weeks across New Jersey and neighboring states, prompting concern among residents and lawmakers and launching investigations by the FBI and other law enforcement agencies. The FBI says that it has received over 5,000 tips related to the drone sightings, with most of the purported observations occurring at night. Of these tips, however, the FBI official said that "less than 100 leads have been generated and deemed worthy of further investigative activity." The FBI and Department of Homeland Security (DHS) said in a joint statement on Thursday that there was "no evidence at this time that the reported drone sightings pose a national security or public safety threat or have a foreign nexus." Speaking at a news conference in Seaside Heights, New Jersey, on Saturday, Smith addressed the drone sightings, calling them "a very considerable danger" as he called on federal agencies to investigate more. "This crisis really is the ultimate wake-up call to threats posed by potentially hostile drones...I've written Defense Secretary Lloyd Austin asking the Pentagon to authorize the use of force to down one or more of these unmanned threats to uncover the mystery...This is not the time to trivialize or dismiss a threat," the congressman said. In addition, Smith said he's working on legislation to give state and local authorities more power to track and potentially bring down aerial drones. Newsweek has reached out to DHS and the Department of Defense via email for comment. This is not the first time lawmakers have called on federal agencies to investigate the issue. In a letter to President Joe Biden requesting more federal resources to investigate the matter, New Jersey Governor Phil Murphy said that since November 18 state police have been receiving reports of UAS [unmanned aircraft systems] sightings in New Jersey's airspace. Murphy said in the letter dated Thursday that DHS Secretary Alejandro Mayorkas briefed his administration and the state's congressional delegation "on actions the agency would take to learn more about the reported UAS activity." Mayorkas said on Friday during a CNN appearance that he has been in contact with Murphy every day and the DHS has its "state-of-the-art technology" and experts on the ground in New Jersey. Meanwhile, in its most recent update officials stated on a press call on Saturday that no threats have yet been detected to national or public security, emphasizing that the investigation remains ongoing and that some questions remain unanswered. "Obviously, we are taking this incredibly seriously," one senior official of Biden's administration told reporters during a press call on Saturday. "At this point, we have not identified any basis for believing that there's any criminal activity involved, that there's any national security threat, that there's any particular public safety threat, or that there is a malicious foreign actor involved in these drones." While the investigation was initially opened due to reports of pilots identifying unidentified UAS's, the FBI official said that "most of the reports of UAS have originated from the ground, with very, very few reports of UAS activity from pilots of manned aircraft." Radar analysis conducted at U.S. military installations monitoring the situation have since "determined all large fixed-wing reported sightings have been manned aircraft," the FBI official said. Officials also said that efforts to compare the trajectory of such sightings with standard air traffic emanating from some of busiest airports in New Jersey and New York resulted in a solid match. "Overlaying the visual sightings reported to the FBI with approach patterns for Newark Liberty, JFK and LaGuardia airports, the density of reported sightings matches the approach patterns for these very busy airports, with flights coming in throughout the night," the FBI official said. "This modeling is indicative of manned aviation being quite often mistaken for unmanned aviation or UAS." A DHS official backed these findings as well, saying "we're confident that many of the reported drone sightings are, in fact, manned aircraft being misidentified as drones." However, frustration has continued to mount, as evidenced over incidents such as the closure of an upstate New York airport due to reports of alleged UAS flying nearby. Some area politicians, such as New Jersey Assemblyman Erik Peterson, have also claimed that the federal government is "lying to us," arguing that the supposed unmanned craft were moving in a way that airplanes could not and flew too silently to be a helicopter. "They're lying to us. First, they say you're not seeing what you're seeing. There's nothing here, nothing here to be seen. And then they tell us that they don't know what it is. They don't know what's happening. It's all a lie," Peterson said. On Friday night, President-elect Donald Trump spoke out in favor of shooting down the mysterious drones if necessary, while suggesting that the Biden administration was withholding information about the sightings. "Mystery Drone sightings all over the Country," he wrote in a post on his Truth Social platform. "Can this really be happening without our government's knowledge. I don't think so! Let the public know, and now. Otherwise, shoot them down!!! DJT."
Prime Minister, Dr. the Most Hon. Andrew Holness, says that during the next iteration of the New Social Housing Programme (NSHP) the Government will be focused on providing more cost-effective units that are easier to build. He said that the units will be “robust enough to withstand our weather and environmental conditions.” Dr. Holness, who was addressing the ceremony for the handing over of a two-bedroom unit to Shirley and Calvin Swaby in Fullerton Park, St. Ann on Thursday (Dec. 12), outlined plans to shorten the construction time of the units by using pre-built solutions that can be placed on a foundation. “They’ll still be strong, robust, but the prefabricated housing solutions, the technology is now far advanced for us to be able to deploy a one-bedroom or a two-bedroom solution quite easily,” he noted. “So, they are constructed in a factory, they are put on a trailer, and they are brought to the location. A small crane puts them in place, assembles them, and within a matter of a week or two, you have a house ready to occupy. That is the direction in which we will probably have to go because the time it takes for construction, in addition to the administrative time, procurement time, and the compliance time, does elongate the process,” he pointed out. Meanwhile, Minister of State in the Ministry of Finance and the Public Service, Hon. Zavia Mayne, who is also Member of Parliament for St. Ann South West, informed that Mrs. Swaby and her husband Calvin had lived in an abandoned teacher’s cottage in Alexandria in the parish before being served notice. Mrs. Swaby, whose husband is visually impaired, expressed gratitude to the Prime Minister and Mr. Mayne for their part in providing them with safe shelter, noting that their lives have been transformed.ASX set to edge up as Wall Street grinds higher
Three of the world's top Professional Exhibition Organizations (PEOs) have announced office openings and operations in Saudi Arabia , with 12 new event launches commencing in 2025 The announcements have headlined the opening day of the International MICE Summit, which is convening 1,000 global event leaders from more than 70 countries to shape the industry's future RIYADH, Saudi Arabia , Dec. 15, 2024 /PRNewswire/ -- The inaugural International MICE Summit (IMS24) has delivered transformational change for the Meetings, Incentives, Conferences and Exhibitions (MICE) industry, with 19 pivotal announcements on an action-packed opening day, bringing new leading exhibitions to Saudi Arabia . Multi-billion and multi-million dollar global event companies such as RX Global, Messe Munich and Clarion announced new office openings in Saudi Arabia , to support the Kingdom's significant event growth plans over the coming decade. Twelve new marquee event launches were announced to bring events such as Money20/20 (Informa/Tahaluf), FIBO (RX Global), World Refining Technology Congress; Advanced Therapies Week; Fire Department and Emergency Services Conference (Clarion), FSB Sports Show and International Hardware Show (Koelnmesse/DMG), HOST (Fiera Milano), ArabLab (Terrapin), Saudi Muscle Show (Italian Exhibition Group) and World Industrial Materials and World Advanced Packaging, Printing & Plastics (KAOUN) to Saudi Arabia . "The first day of the International MICE Summit has been a tremendous success with three of the top 10 global Professional Event Organizers opening offices in Saudi Arabia , 12 new event launches, and multiple agreements signed to drive industry progress, reinforcing Saudi Arabia's status as the most exciting MICE hub globally," said His Excellency Fahd Al Rasheed, Chairman of the Summit's host the Saudi Conventions and Exhibitions General Authority (SCEGA). "Moreover, these announcements underscore the importance of the events and exhibitions industry as a catalyst for transformation, connecting people to opportunities in line with the goals of Vision 2030. IMS24 is driving investment opportunities and new partnerships across all sectors of the economy," HE Al Rasheed added. In addition to office and event launches, four MOUs were signed with the Ministry of Human Resources and Social Development, the Saudi Tourism Authority, the Events Investment Fund and the National Events Center. Speakers on Day One included HE Ahmed Al-Khateeb, Saudi Minister of Tourism, and former Prime Ministers and Ministers from the United Kingdom , Italy , Bulgaria , and Greece , leaders of the Global Association of the Exhibition Industry and International Congress and Convention Association, the Global Sustainable Tourism Council, and executives from Informa, RX Global, Messe Munich, Clarion Events, and Messe Desseldorf, and Richard Attias & Associates. IMS24 continues Monday, with a focus on catalyzing investment in the MICE sector, creating the event venues of the future, addressing global sustainability issues in the MICE industry. IMS24 has drawn over 1,000 global MICE industry leaders from more than 70 countries to Riyadh. About the International MICE Summit The International MICE Summit (IMS) gathers global leaders from the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, as well as professionals, and organizations from across industries. It provides a platform for industry insights, networking, and discussions on advancing innovation, knowledge sharing and sustainable development within the global MICE sector. Founding Partner: Eye of Riyadh Supporting Partner: OAK View Group Founding Partner: Soudah Development Founding Partner: EIF Founding Partner: Qiddiya Hospitality Partner: Al Taanfethi Associate Partner: RA&A Strategic Partner: Informa/Tahaluf For more information or to register for the event, visit: Website – www.internationalmicesummit.com Twitter/X - https://x.com/ims_summit LinkedIn - https://www.linkedin.com/company/ims-summit/ YouTube - https://youtube.com/@ims.summit?si=G06nYTaOUWer-OKq For more pictures please click here. About the Saudi Conferences and Exhibitions General Authority (SCEGA) The Saudi Conventions & Exhibitions General Authority (SCEGA) is the official body overseeing the development and regulation of Saudi Arabia's exhibitions and conventions sector. Established by Royal Decree in 2018, SCEGA aims to strengthen the sector's economic impact by setting strategic policies, issuing licenses, promoting Saudi Arabia as a premier MICE destination, and fostering investment in line with global standards. Through collaboration with national and international stakeholders, SCEGA works to enhance sector growth, support talent development, and create opportunities for showcasing the Kingdom's unique identity on the world stage. Contact: IMSmedia@consulum.com Photo - https://mma.prnewswire.com/media/2581573/International_MICE_Summit.jpgST. PAUL — St. Paul-based Bremer Bank is being acquired by Old National Bank, which has headquarters in Evansville, Indiana, in a transaction valued at $1.4 billion in cash and stock. The deal, which still requires regulatory approval and approval by Bremer shareholders, would combine Bremer’s $16.2 billion in assets with Old National’s nearly $54 billion to create a bank with more than $70 billion in total assets. ADVERTISEMENT “This partnership represents an outstanding fit between two highly compatible, relationship- and community-focused banks,” Old National Chairman and CEO Jim Ryan said in a joint announcement released Monday, Nov. 25. Ryan said what has made Bremer Bank a leading institution since 1943 aligns closely with the “strategic priorities and cultural principles that have guided Old National’s success for 190 years: a strong deposit franchise, a diversified loan portfolio accentuated by exceptional credit quality, and a passion for investing in and strengthening communities.” “For more than 80 years, we’ve been honored to carry out the legacy of our founder, Otto Bremer,” said Jeanne Crain, president and CEO of Bremer. “When our majority shareholder, the Otto Bremer Trust, reaffirmed its interest in selling Bremer Bank, we appreciated the opportunity to identify a partner through a collaborative process to ensure the best possible outcome for our customers, employees, and our communities. With Old National, we have confidence we found a great fit,” Crain said as part of the joint announcement. The Otto Bremer Trust, a majority owner of Bremer Bank, is a private charitable trust based in St. Paul. Since the trust’s inception in 1944, it has made more than $1.1 billion in grants and program-related investments to more than 4,200 organizations. Once the merger is complete, the trust will have an approximate 11% ownership stake in Old National Bank and a trustee of the Otto Bremer Trust will join the Old National board of directors. ADVERTISEMENT The Otto Bremer Trust stated as part of the joint announcement: “All of us at the Otto Bremer Trust are excited that the Bremer Bank legacy of investing in people, places and opportunities continues with one of the most community-minded banks in the nation. This partnership expands the scope of what can be accomplished for and within our communities — civically, socially and economically.” Once the deal is finalized, Old National will become the third-largest bank in the Twin Cities, and the partnership will expand Old National’s reach into several other markets throughout Minnesota, North Dakota and Wisconsin. The deal affects 48 Bremer Bank branches in Minnesota and 14 in North Dakota, including six locations in Grand Forks and seven in the Fargo region.AP News Summary at 12:08 p.m. EST
Global CAM & CAD Software Market Size, Share and Forecast By Key Players-AutoCAD, SketchUp, MicroStation, LabVIEW, Tinkercad 12-15-2024 06:36 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect CAM & CAD Software Market USA, New Jersey- According to the Market Research Intellect, the global CAM & CAD Software market is projected to grow at a robust compound annual growth rate (CAGR) of 11.1% from 2024 to 2031. Starting with a valuation of 11.51 Billion in 2024, the market is expected to reach approximately 21.65 Billion by 2031, driven by factors such as CAM & CAD Software and CAM & CAD Software. This significant growth underscores the expanding demand for CAM & CAD Software across various sectors. The CAM (Computer-Aided Manufacturing) & CAD (Computer-Aided Design) Software Market is growing rapidly as industries across the globe embrace digitalization to streamline design and manufacturing processes. The increasing adoption of automation in manufacturing, the need for enhanced precision, and the demand for cost-effective production are driving the market's expansion. CAD and CAM software solutions enable businesses to design, prototype, and produce products more efficiently, reducing errors and time-to-market. The integration of AI, cloud computing, and 3D printing technologies is further fueling the growth, allowing for more advanced design capabilities and improved production workflows. As industries such as automotive, aerospace, and consumer electronics continue to evolve, the demand for innovative CAM and CAD software is expected to surge, making it a critical component of modern manufacturing operations. The dynamics of the CAM & CAD Software Market are shaped by technological advancements, the need for increased efficiency, and industry-specific demands. The integration of AI, machine learning, and cloud-based solutions into CAD and CAM software is transforming design and manufacturing processes, offering enhanced capabilities like real-time collaboration and predictive analytics. Additionally, the rise of 3D printing and additive manufacturing is driving the need for more sophisticated design tools. However, challenges such as high software costs, the complexity of implementation, and the need for skilled professionals may limit market adoption. As industries increasingly require customization and faster product development cycles, the demand for advanced CAM and CAD solutions will continue to grow, pushing software developers to innovate and deliver more powerful, user-friendly solutions. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=4248860&utm_source=OpenPr&utm_medium=042 Key Drivers: The growth of the CAM & CAD Software market is driven by several key factors. Technological advancements in CAM & CAD Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like CAM & CAD Software and CAM & CAD Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on CAM & CAD Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the CAM & CAD Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced CAM & CAD Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the CAM & CAD Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=4248860&utm_source=OpenPr&utm_medium=042 The following Key Segments Are Covered in Our Report By Type CAM Software CAD Software By Application Large Enterprises SMEs Major companies in CAM & CAD Software Market are: AutoCAD, SketchUp, MicroStation, LabVIEW, Tinkercad, ActCAD, TurboCAD, Dassault Systà ̈mes, CATIA, PTC, IronCAD, Shapr3D, Fusion 360, BricsCAD Global CAM & CAD Software Market -Regional Analysis North America: North America is expected to hold a significant share of the CAM & CAD Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like CAM & CAD Software and CAM & CAD Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in CAM & CAD Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient CAM & CAD Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the CAM & CAD Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the CAM & CAD Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like CAM & CAD Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global CAM & CAD Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for CAM & CAD Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the CAM & CAD Software market? Answer: The CAM & CAD Software market was valued at approximately 11.51 Billion in 2024, with projections suggesting it will reach 21.65 Billion by 2031, growing at a CAGR of 11.1%. 2. What factors are driving the growth of the CAM & CAD Software market? Answer: The market's expansion is attributed to several factors, including increased demand for CAM & CAD Software, advancements in CAM & CAD Software technology, and the adoption of CAM & CAD Software across various sectors. 3. Which regions are expected to dominate the CAM & CAD Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in CAM & CAD Software. 4. Who are the key players in the CAM & CAD Software market? Answer: Prominent companies in the CAM & CAD Software market include CAM & CAD Software, CAM & CAD Software, and CAM & CAD Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the CAM & CAD Software market face? Answer: The market faces challenges such as CAM & CAD Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the CAM & CAD Software market? Emerging trends include the integration of CAM & CAD Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the CAM & CAD Software market? Answer: Businesses can leverage growth opportunities in the CAM & CAD Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a CAM & CAD Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the CAM & CAD Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/global-cam-cad-software-market-size-and-forecast/?utm_source=OpenPr&utm_medium=042 About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.