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Netflix continues to express confidence that its streaming platform is prepared to handle the massive audiences expected for a pair of Christmas Day NFL games along with the start of its live coverage of the World Wrestling Entertainment's "Raw" next month. Concerns were raised after users experienced issues with buffering and low quality feeds during the Jake Paul-Mike Tyson boxing match last month. Netflix has exclusive rights to stream NFL games on Christmas Day between the Kansas City Chiefs at the Pittsburgh Steelers and the Baltimore Ravens at the Houston Texans. Beyonce is scheduled to perform during halftime of the Ravens-Texans game, which could create more server traffic Netflix must take into account. It's a major test after the company reported an average global live audience of 108 million viewers for Paul's victory over Tyson in Arlington, Texas. Downdetector.com , which tracks service outages, announced that there were 90,000 issues reported at one point. "It was a big number, but you don't know, and you can't learn these things until you do them, so you take a big swing," Netflix chief content officer Bela Bajaria told Front Office Sports. "Our teams and our engineers are amazing, moved super quickly, and stabilized it, and many of the members had it back up and running pretty quickly. But we learn from these things. "We've all obviously done a lot of stuff to learn and get ready for the NFL and Beyonce, and so we're totally ready and excited for WWE." WWE president Nick Khan told FOS that Raw's tone and content will not change as it moves to the streaming service, with its first event of 2025 scheduled for Jan. 6. "There's some online chatter about, ‘oh, it's going to be R-rated, or for us old folks, X-rated.' That's definitely not happening," Khan said. "It's family-friendly, multi-generational, advertiser-friendly programming. It's going to stay that way. I would look for more global flair, especially as the relationship continues to develop." --Field Level Media
Bank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary SharesCHARLOTTE, N.C. (AP) — Patrick Mahomes continues to build great chemistry with his tight end — just not the one you might think. Mahomes threw two touchdown passes to Noah Gray for the second straight week as the Kansas City Chiefs held off the Carolina Panthers 30-27 on Sunday. A week after losing at Buffalo, the two-time defending Super Bowl champion Chiefs (10-1) maintained their position atop the AFC. Mahomes completed a 35-yard touchdown strike to Gray on the game’s opening possession and found him again for an 11-yard TD in the second quarter. Gray has four touchdown catches in the last two weeks — twice as many as nine-time Pro Bowler Travis Kelce has all season — and has become a weapon in the passing game for the Chiefs, who lost top wide receiver Rashee Rice to a season-ending knee injury in Week 4. Kelce was still a factor Sunday with a team-high six catches for 62 yards, although the four-time All-Pro looked dejected after dropping one easy pass. Kelce has 62 receptions for 507 yards this season, while Gray has 26 catches for 249 yards. But Gray's development is a good sign for the Chiefs — and he's on the same page with Mahomes. On his second TD, Gray said Mahomes “gave me the answer to the test there” before the play. “He told me what coverage it was pre-snap," said Gray, who had four receptions for 66 yards. “That’s just the blessing you have of playing with a quarterback like that. Offensive line did a great job blocking that up and the receivers did a great job running their routes to pop me open. Really just a group effort right there on that touchdown.” Gray said that's nothing new. “Pat’s preparation, his leadership is just something that I’m fortunate enough to play alongside,” Gray said. "I love it. It gets me motivated every time we go out there for a long drive. Having a leader like that, that prepares every single week in-and out, knows defenses, knows the game plans. “I’m just fortunate enough to play alongside a guy like that.” Mahomes completed 27 of 37 passes for 269 yards and three TDs, and he knew what to do on the second TD to Gray. “It's not just me, it's the quarterback coaches and the players, we go through certain checks you get to versus certain coverages,” Mahomes said. “I was able to see by the way they lined up they were getting into their cover-zero look. I alerted the guys to make sure they saw what I saw and I gave the check at the line of scrimmage.” AP NFL: https://apnews.com/hub/nflInvestors and analysts are eagerly awaiting Governor Kuroda's speech and the subsequent press conference for any clues about the BOJ's future policy intentions. The central bank's actions and communication in the coming days will be closely scrutinized for any signals regarding the timing and magnitude of a potential rate hike.
In response to these criticisms, the film's creators have defended their decision to focus more on character development and action, rather than overt political commentary. They argue that Marvel Vanguard is first and foremost a superhero film, and that it should be judged on its entertainment value rather than its political messaging. While some players may disagree with this approach, it is clear that the film's emphasis on character-driven storytelling has resonated with many fans.
NoneAfter its biggest earnings miss in two years and stock plunge, Target laid some of the blame on the recent U.S. ports strike, citing higher freight costs it absorbed as a result of preemptive action to move more product into the U.S. ahead of October. But cargo container trade data reviewed by CNBC tells a more nuanced tale. The port strikes, which stretched from New England to Texas, wound up lasting only a few days, but many companies, including Target, had rerouted and pulled forward shipments, loading up on inventory to make sure they had the merchandise needed for the holiday season. On a call with reporters, Target CEO Brian Cornell said “lingering softness in discretionary categories” and costs associated with rushing shipments and preparing for the short-lived port strike in October hurt the company’s quarterly performance. Michael Fiddelke, Target executive vice president and chief operating officer, told CNBC on Wednesday that higher supply chain costs were a headwind in the quarter. “We took some action to move product ahead of the port strike which came with more cost,” Fiddelke said. “It’s disappointing that a deceleration in discretionary demand combined with some cost pressures have caused us to take our guidance back down after raising it last quarter.” But the trade data does not show a surge that would equate to a major pull forward of imports in relation to the strike as compared with last year. Target’s peak season imports for 2024 compared with 2023 were flat to down, according to cargo container volumes data pulled and analyzed by ImportGenius. “The nearly even volume of twenty-foot equivalent units (TEUs) between June and September 2023 compared to that same period in 2024 is striking,” said William George, director of research at ImportGenius. “We would expect to see a clear uptick due to pre-ILA strike front-loading. This is a situation where flat really means down, as we’re seeing,” he said, referencing the stock’s decline, which reached 21% on Wednesday. The data does show the company did bring in more containers via West Coast ports. The top three ports used by Target overall were Savannah, Georgia; Long Beach, California; and the Port of Virginia. According to supply chain data firm Sonar, spot freight prices did spike in July due to the combination of peak shipping season and the pull forwards happening ahead of the strike, with prices for a 40-foot container running as high as $9,000-$10,000. In June, the freight rate was between $6,000-$7,000. (Twenty-foot containers would be half the price but subject to the same trend line.) The overall level of imports by Target in 2023 and 2024 wouldn’t lead one to conclude that any short-term price hike was a major factor in the quarter. “After reviewing the two periods over the summer where Target brought in containers for the holidays, our data shows the bulk of their containers arrived between July and August,” said Lynn Hughes, an investigative analyst at ImportGenius. “In June, there was a bump in imports, but not substantial.” Fiddelke described its import strategy as resulting in a situation where the retailer was “fuller a little bit earlier in the quarter than we would like to be, and we’re never quite as efficient when our buildings are full, but we felt like that was the right decision to really protect the guest experience.” Jerry Storch, former CEO of Toys R Us and CEO of consulting firm Storch Advisors, said Target is paying the price for bigger corporate mistakes, with any freight issue to be set aside, with the retailer relying too heavily on discretionary items in its sales mix and diluting its value positioning. “Target’s deeper problem is their strategy is not resonating with the consumer in this environment,” said Storch. “Their comp sales have lagged Walmart’s every quarter for several years. This gap was 500 basis points in the most recent quarter. That’s a lot!” Storch said. “If they brought in too much freight early, that could explain a cost or inventory issue, but not a sales miss of this magnitude.” Signs that Target executives got the demand picture wrong can be seen in the fact that just three months ago the retailer hiked its earnings forecast. Its full-year earnings forecast is now well below what it guided to earlier this year. If Target didn’t bring in more shipping containers than it did last year, the trade data shows it still brought in way too much in dollar value. According to customs data aggregated by Panjiva, Walmart imported 25,000 shipments from May 31-Aug. 31, valued at $1.3 billion. During the same time frame, Target imported 40,000 shipments, valued at $2.5 billion. Target has been in discounting mode for much of the year. In May, it cut prices on about 5,000 frequently purchased items, including diapers, bread and milk. In October, it added another 2,000 items to the discount list. The retailer has said 10,000 items in all will see lower prices by the end of holiday season. Joe Feldman, senior managing director for retail consultant Telsey Advisory Group, said everything that went wrong for Target will contribute to the continued discounting. The retailer accelerated and rerouted shipments to the West Coast to avoid the East Coast and Gulf Coast port strikes, while also anticipating stronger demand for discretionary goods, which pressured costs and left the company with elevated inventory levels. “Now, the company will have to promote more in the fourth quarter to clear through inventory to end the year in a clean position,” Feldman said. Bill Simon, former CEO of Walmart, said any short-term supply chain snafu is dwarfed by the fact that Walmart is taking some of Target’s more affluent customer market share, with Walmart reporting low single-digit growth in discretionary general merchandise categories, and Target reporting a decline in those categories. Walmart shares hit a new all-time closing high on Wednesday. Simon added that the inventory numbers for Walmart suggest if the strike was a supply chain issue all retailers had to manage, Walmart’s inventory shows it did a better job. Inventory was down 0.6%, with Walmart sales growing 5%. “I would have expected it [inventory] to go up 3%-4%,” he said. “With any front-loading for the port strike, inventory would be up even higher than that.” Even if Target’s overall trade numbers for peak season this year are in line with last year, according to Simon the market share shift means Walmart didn’t overload, but based on its struggle with consumers, “Target did.” Source: CNBCAs the world looks on in awe of Wang Chuqin's remarkable feat and the Chinese National Table Tennis Team's continued dominance, it is clear that their legacy will endure for generations to come. Their commitment to excellence, passion for the sport, and relentless pursuit of success serve as an inspiration to all aspiring table tennis players around the world.
CHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America Corporation
Northern Ireland counts the cost after Storm Bert brings damage and destruction
Cousins Properties Announces Pricing of Senior Notes Offering1. Use a cover: Always wrap your hot water bottle in a soft cover or towel to act as a barrier between the bottle and your skin. This will help regulate the temperature and reduce the risk of direct contact burns.
ATLANTA — Atlanta resident Kim Siders told a panel of Georgia senators that she couldn’t understand why the Legislature has spent so much of its time — including holding committee hearings between legislative sessions — focusing on transgender children. In preparation for Thursday’s hearing of the Senate Special Committee on Protecting Women’s Sports, Siders said she researched what other states have done in recent years on the issue and what was making legislation around transgender children such a “hot topic.” The Atlanta resident, who has a transgender daughter, said she came across a quote in a news article from Terry Schilling, president of the conservative advocacy group American Principles Project, that helped her understand. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.I'm not an only child, but I'm the only one responsible for having kids
The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . EVANSVILLE, Ind. (AP) — Tayshawn Comer scored 18 points as Evansville beat Campbell 66-53 on Sunday night. Comer had six rebounds and six assists for the Purple Aces (3-4). Cameron Haffner scored 16 points and added six rebounds. Gabriel Pozzato shot 3 for 5, including 2 for 3 from beyond the arc to finish with 10 points. Jasin Sinani led the way for the Fighting Camels (3-4) with 22 points. Colby Duggan added 11 points and Nolan Dorsey totaled eight points, seven rebounds and four steals. Evansville took the lead with 1:45 left in the first half and never looked back. The score was 34-28 at halftime, with Haffner racking up eight points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .In the midst of the winter transfer window frenzy, an unexpected twist has emerged in the world of football as a pharmaceutical company sets its sights on a rising star at Real Madrid. Reports indicate that the company, known for its ambitious acquisitions in various industries, is keen on securing a deal to bring the talented young player to their ranks. This move has stirred up speculation and debate among fans and experts alike, with many questioning the motives behind this unconventional pursuit.
The retrial on December 19th holds significant importance for both the prosecution and the defense. For the prosecution, it is an opportunity to present new evidence and arguments that could sway the court in their favor. On the other hand, the defense will be looking to poke holes in the prosecution's case and undermine the credibility of the witnesses, particularly Yang Nuohua.