KyKy Tandy scores 21 and Florida Atlantic pulls away late to beat Oklahoma State 86-78
Conor McGregor’s name and likeness are being dropped from Proper No. Twelve Irish Whiskey amid calls for boycotts of the Irish sports star after a jury found last week that he assaulted Nikita Hand in Dublin in 2018 . Proximo Spirits, the company that now owns Proper No. Twelve Irish Whiskey, said on Tuesday that McGregor's name and likeness will no longer be associated with the brand. McGregor launched the Irish whiskey brand in 2018, but sold his majority stake in it to Proximo in 2021 for a reported $600 million. “Since 2021, Proximo Spirits has been the 100 percent owner of Proper No. Twelve Irish Whiskey,” the company said in a statement on Tuesday. “Going forward, we do not plan to use Mr. McGregor’s name and likeness in the marketing of the brand.” Sign up to IrishCentral's newsletter to stay up-to-date with everything Irish! As of Tuesday evening, McGregor's name or likeness is not mentioned on Proximo's landing page for its brand Proper No. Twelve’s Triple Distilled Irish Whiskey. However, Proximo's news and press landing page prominently features a February 2023 article titled "Conor McGregor Introduces Proper No. Twelve Irish Apple Whiskey." Screen grab of Proximo's News and Press section on November 26, 2024. The article, issued through PR Newswire last year, states in part: "The name Proper No. Twelve pays homage to McGregor’s hometown of Crumlin, located in Dublin’s District 12. "Conor McGregor, Audie Attar, Ken Austin, and Proximo Spirits launched Proper No. Twelve in September 2018. The brand experienced one of the most successful launches in the wine & spirits category, selling 200,000 cases in its first six months on the market." Meanwhile, the website for Proper No. Twelve Irish Whiskey - ProperWhiskey.com - is password protected as of Tuesday evening, though it is unclear when the website went under lock and key. Proximo's announcement that it will no longer be using McGregor's likeness for Proper No. Twelve Irish Whiskey came on Tuesday a slew of retailers in Ireland began to confirm that they were pulling the Irish sports star's products from their shelves . Calls to boycott McGregor, led in part by the Rape Crisis Network of Ireland (RCNI), emerged after the jury ruled in his accuser Nikita Hand's favor on Friday in Dublin. McGregor maintains his innocence. On Tuesday, Tesco, The Barry Group (which operates Costcutter and Carry Out), and Musgrave (which operates Supervalu, Centra, and Donnybrook Fair brands) all confirmed that they were pulling McGregor's products from sale. It is now unclear if McGregor's likeness being removed from Proper No. Twelve Irish Whiskey will see retailers reverse course. While McGregor's products are being blacklisted in Ireland, his Proper No. Twelve Irish Whiskey is still available from a number of retailers in the US. As of Tuesday afternoon, Meijer, Total Wine, Publix, and Albertson's all still had Proper No. Twelve Irish Whiskey listed for purchase on their websites. Target also has it listed, though it says the whiskey is sold out. IrishCentral contacted each of these US retailers for comment on Tuesday afternoon.There are two big blowouts currently in the early window of NFL games, including one involving the New England Patriots. The Pats are currently down 31-0 to the Miami Dolphins on the road. After three quarters, New England has only 184 yards of total offense and is on the verge of falling to 3-9 on the season under first-year head coach Jerod Mayo. Mayo was a star as a player for the Pats before becoming a long-time assistant, where he earned the attention of owner Robert Kraft. Kraft entrusted Mayo to replace Bill Belichick as head coach, but his job performance so far has not been good. Some fans have already lost patience, taking to social media to advocate for Mayo's dismissal on Sunday. "If Kraft is serious about winning he fires Mayo and does whatever it takes to hire Ben Johnson. Right now the Patriots are one of the worst coached teams in the league," one fan said. Icon Sportswire/Getty Images "The Krafts absolutely have to fire Mayo, Covington and Van Pelt tonight. This simply cannot go on. All three must go tonight. Total humiliation thanks to the worst coaches in football," a second fan added. "Other than 'you can’t fire him after one year' what other reason is there to bring mayo back? What is he good at?" a third fan asked. "Fire Mayo. I haven’t seen anything that will tell me he’ll ever be a good coach," a fourth fan added. "Can we fire mayo already?" a fifth fan chimed in. The Patriots have personnel issues, in addition to whatever struggles Mayo is having. The offensive line is porous, they don't have enough skill position talent, and their defense has dealt with some noteworthy absences this year. However, with rookie quarterback Drake Maye looking impressive early, there is some hope in Foxboro. It just remains to be seen if Mayo will be the guy to stick around and try to deliver on that promise. Related: Entire NFL Team Accused Of 'Quitting' On 2024 Season
An online debate over foreign workers in tech shows tensions in Trump's coalitionHuawei has officially unveiled the in Shenzhen, showcasing four models. This article focuses on the and , highlighting their , specs, and pricing. The Mate 70 is the phone in the lineup, at 7.8mm thick, and it features a flat frame. Both models boast IP69 certification, which offers protection against pressurized water jets. The sports a display with FHD+ resolution and a 1-120Hz variable refresh rate. Meanwhile, the stretches to , retaining the same resolution and refresh rate. Both models deliver an impressive and are protected by second-generation for enhanced drop resistance. Both phones share a with a and , accompanied by a . : Features a camera with . : Upgrades to a with . A standout feature is the , designed to capture detailed color data for accurate color reproduction, natural skin tones, and improved shadow details, even in complex lighting conditions. Gizchina News of the week For selfies, the Mate 70 uses a , while the Pro adds a for secure face unlocking. Huawei hasn’t confirmed chipset details but rumors suggest the with a 6nm architecture built on SMIC’s N+3 process. Both devices run , with an update to expected later. : , 66W wired, and 50W wireless charging. : , 100W wired, and 80W wireless charging. Both phones come in . Pre-orders are live in China, with deliveries starting . No global release plans have been announced. The Mate 70 series showcases Huawei’s focus on innovative features, advanced imaging technology, and robust performance, offering strong competition in the flagship space.
Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo . "This win is the vanguard for Pure Flash technology to become the standard for all hyperscaler online storage, providing unparalleled performance and scalability while also reducing operating costs and power consumption." Third Quarter Financial Highlights "Our third quarter results exceeded our expectations on revenue and operating income, demonstrating the sustaining strength of our business models," said Kevan Krysler , Pure Storage CFO. "We remain focused on driving both near-term results and long-term value creation through disciplined investments and innovation that position Pure as the leader in transforming the data storage landscape." Third Quarter Company Highlights Industry Recognition and Accolades Fourth Quarter and FY25 Guidance Q4FY25 Revenue $867M Revenue YoY Growth Rate 9.7 % Non-GAAP Operating Income $135M Non-GAAP Operating Margin 15.6 % FY25 Revenue $3.15B Revenue YoY Growth Rate 11.5 % Non-GAAP Operating Income $540M Non-GAAP Operating Margin 17 % These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements. Pure has not reconciled its guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures because certain items that impact these measures are not within Pure's control and/or cannot be reasonably predicted. Accordingly, reconciliations of these non-GAAP financial measures guidance to the corresponding GAAP measures are not available without unreasonable effort. Conference Call Information Pure will host a teleconference to discuss the third quarter fiscal 2025 results at 2:00 pm PT today, December 3, 2024. A live audio broadcast of the conference call will be available on the Pure Storage Investor Relations website . Pure will also post its earnings presentation and prepared remarks to this website concurrent with this release. A replay will be available following the call on the Pure Storage Investor Relations website or for two weeks at 1-800-770-2030 (or 1-647-362-9199 for international callers) with passcode 5667482. Additionally, Pure is scheduled to participate at the following investor conferences: Wells Fargo 8th Annual TMT Summit Date: Wednesday, December 4, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Chief Technology Officer Rob Lee 27th Annual Needham Growth Conference Date: Thursday, January 16, 2025 Time: 9:45 a.m. PT / 12:45 p.m. ET Founder & Chief Visionary Officer John "Co z" Colgrove Chief Financial Officer Kevan Krysler The presentations will be webcast live and archived on Pure's Investor Relations website at investor.purestorage.com . ---- About Pure Storage Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Connect with Pure Blog LinkedIn Twitter Facebook Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Forward Looking Statements This press release contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity with hyperscale and AI environments, our ability to meet hyperscalers' performance and price requirements, our ability to meet the needs of hyperscalers for the entire spectrum of their online storage use cases, the timing and magnitude of large orders, including sales to hyperscalers, the timing and amount of revenue from hyperscaler licensing and support services, future period financial and business results, demand for our products and subscription services, including Evergreen//One, the relative sales mix between our subscription and consumption offerings and traditional capital expenditure sales, our technology and product strategy, specifically customer priorities around sustainability, the environmental and energy saving benefits to our customers of using our products, our ability to perform during current macro conditions and expand market share, our sustainability goals and benefits, the impact of inflation, economic or supply chain disruptions, our expectations regarding our product and technology differentiation, new customer acquisition, and other statements regarding our products, business, operations and results. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investor.purestorage.com and on the SEC website at www.sec.gov . Additional information is also set forth in our Annual Report on Form 10-K for the year ended February 4, 2024. All information provided in this release and in the attachments is as of December 3, 2024, and Pure undertakes no duty to update this information unless required by law. Key Performance Metric Subscription ARR is a key business metric that refers to total annualized contract value of all active subscription agreements on the last day of the quarter, plus on-demand revenue for the quarter multiplied by four. Non-GAAP Financial Measures To supplement our unaudited condensed consolidated financial statements, which are prepared and presented in accordance with GAAP, Pure uses the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, and free cash flow. We use these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, amortization of debt issuance costs related to debt, and amortization of intangible assets acquired from acquisitions that may not be indicative of our ongoing core business operating results. Pure believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and planning, forecasting, and analyzing future periods. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliations of non-GAAP results of operations to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to free cash flow," included at the end of this release. PURE STORAGE, INC. Condensed Consolidated Balance Sheets (in thousands, unaudited) At the End of Third Quarter of Fiscal 2025 Fiscal 2024 Assets Current assets: Cash and cash equivalents $ 894,569 $ 702,536 Marketable securities 753,960 828,557 Accounts receivable, net of allowance of $956 and $1,060 578,224 662,179 Inventory 41,571 42,663 Deferred commissions, current 86,839 88,712 Prepaid expenses and other current assets 204,485 173,407 Total current assets 2,559,648 2,498,054 Property and equipment, net 431,353 352,604 Operating lease right-of-use-assets 157,574 129,942 Deferred commissions, non-current 210,671 215,620 Intangible assets, net 23,039 33,012 Goodwill 361,427 361,427 Restricted cash 11,249 9,595 Other assets, non-current 99,504 55,506 Total assets $ 3,854,465 $ 3,655,760 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 102,021 $ 82,757 Accrued compensation and benefits 155,652 250,257 Accrued expenses and other liabilities 141,846 135,755 Operating lease liabilities, current 47,941 44,668 Deferred revenue, current 897,174 852,247 Debt, current 100,000 — Total current liabilities 1,444,634 1,365,684 Long-term debt — 100,000 Operating lease liabilities, non-current 146,390 123,201 Deferred revenue, non-current 784,282 742,275 Other liabilities, non-current 68,573 54,506 Total liabilities 2,443,879 2,385,666 Stockholders' equity: Common stock and additional paid-in capital 2,821,010 2,749,627 Accumulated other comprehensive income (loss) 1,023 (3,782) Accumulated deficit (1,411,447) (1,475,751) Total stockholders' equity 1,410,586 1,270,094 Total liabilities and stockholders' equity $ 3,854,465 $ 3,655,760 PURE STORAGE, INC. Condensed Consolidated Statements of Operations (in thousands, except per share data, unaudited) Third Quarter of Fiscal First Three Quarters of Fiscal 2025 2024 2025 2024 Revenue: Product $ 454,735 $ 453,277 $ 1,204,714 $ 1,161,978 Subscription services 376,337 309,561 1,083,608 878,838 Total revenue 831,072 762,838 2,288,322 2,040,816 Cost of revenue: Product (1) 154,970 126,770 385,446 343,588 Subscription services (1) 93,180 83,321 284,168 244,541 Total cost of revenue 248,150 210,091 669,614 588,129 Gross profit 582,922 552,747 1,618,708 1,452,687 Operating expenses: Research and development (1) 200,086 182,100 589,396 549,923 Sales and marketing (1) 255,830 231,707 757,069 696,885 General and administrative (1) 67,319 64,729 213,551 192,944 Restructuring and impairment (2) — — 15,901 16,766 Total operating expenses 523,235 478,536 1,575,917 1,456,518 Income (loss) from operations 59,687 74,211 42,791 (3,831) Other income (expense), net 17,156 5,184 50,684 23,619 Income before provision for income taxes 76,843 79,395 93,475 19,788 Income tax provision 13,204 9,006 29,171 23,915 Net income (loss) $ 63,639 $ 70,389 $ 64,304 $ (4,127)
NoneWelcome to matchday five of the 2024-25 season! Europe's premier club competition returns in its new format with nine matches across the continent on Tuesday, providing exciting matchups, top talent and drama. Enjoy the play-by-play from all the games such as hosting in a heavyweight clash, taking on and hosting .
NEW YORK , Nov. 24, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Paragon 28, Inc. (NYSE: FNA) between May 5, 2023 and September 20, 2024 , both dates inclusive (the "Class Period"), and those who purchased Paragon 28 call options or sold put options during the Class Period, of the November 29, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased Paragon 28 securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Paragon 28 class action, go to https://rosenlegal.com/submit-form/?case_id=27557 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 29, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Paragon 28's financial statements were misstated; (2) Paragon 28 lacked adequate internal controls and at times understated the extent of the issues with its internal controls; and (3) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Paragon 28 class action, go to https://rosenlegal.com/submit-form/?case_id=27557 https://rosenlegal.com/submit-form/?case_id=28116 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40 th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/fna-deadline-fna-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-paragon-28-inc-securities-fraud-lawsuit-first-filed-by-the-rosen-law-firm-302314474.html SOURCE THE ROSEN LAW FIRM, P. A.
TJX ( TJX ) , which owns TJ Maxx, HomeGoods, Marshalls, etc., recently saw a spike in sales, and it is confident that it will be able to maintain that momentum even if President-elect Donald Trump passes a policy that some retailers claim will negatively impact their consumers’ wallets. In TJX’s fiscal third-quarter earnings report for 2024, the company said overall comparable store sales increased by 3% year-over-year. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Specifically, Marshalls, TJ Maxx and Sierra combined, grew their comparable store sales in the U.S. by 3%, compared with the same time period last year. Also, HomeGoods and HomeSense’s U.S. comparable store sales rose by 3% year-over-year. Related: Target flags startling customer behavior ahead of holidays The growth in sales contributed to TJX's net income of almost $1.3 billion, or $1.14 a share, during the quarter, up 11% from what it earned during the same quarter in 2023. TJ Maxx could benefit from the 'chaos' of Trump's tariffs proposal As TJX sees a boost in sales, it claims that Trump’s proposed tariffs, which include 60% to 100% on all goods that come from China and 10% to 20% on goods imported from all other countries, will actually help its stores thrive. Tariffs are fees companies usually pay to import goods from overseas, and often, the extra costs are passed down to consumers, resulting in higher prices for goods/services. Chip Somodevilla/Getty Images During a recent earnings call, TJX CEO Ernie Herrman claimed that the company imports a “very small portion” of its goods from overseas. “The bulk of our inventory is bought from brands,” said Herman during the call. “So we don’t even have visibility into where those goods are from.” TJ Maxx, HomeGoods, Marshalls and other TJX stores mostly rely on brands having excess inventory and other supply chain disruptions in order to sell merchandise for 20% to 60% less than their full price. Related: Lowe’s sounds alarm bells around a growing problem Herman said that the proposed tariffs could push its manufacturers to order their goods in bulk early in an effort to avoid paying the extra tax once it's officially imposed. He claims that this could create “additional availability of goods at advantageous prices” for TJX’s companies. “When there’s chaos out there in the market a little, if that happens a little bit on certain categories, ultimately, usually, that’s an opportunity for us,” said Herman. Retailers sound the alarm on Trump's proposed tariffs Some retailers have recently been warning their consumers that Trump’s proposed tariffs could force them to increase their prices. For example, Walmart ( WMT ) Chief Financial Officer John Rainey issued this very warning to shoppers during a recent interview with Fox Business' Liz Claman on Nov. 21. "Tariffs are going to be inflationary. There's no disputing that," Rainey said during the interview. "Likely consumers are going to pay more for the items that they pay and that these tariffs are applied to." More Retail: Auto-parts retailer AutoZone ( AZO ) also warned investors last week that its customers will foot the bill of Trump's tariffs. Shoe retailer Steve Madden ( SHOO ) also recently announced that it is reducing its purchases of shoes made in China by 40% to 45% to avoid Trump’s proposed tariffs. Joe Raedle/Getty Images “We have been planning for a potential scenario in which we would have to move goods out of China more quickly,” said Steve Madden CEO Edward Rosenfeld during the company's Nov. 7 earnings call. “We’ve worked hard over a multiyear period to develop our factory base and our sourcing capability in alternative countries like Cambodia, Vietnam, Mexico, Brazil, etc. And so as of yesterday morning, we are putting that plan into motion, and you should expect to see the percentage of goods that we source from China to begin to come down more rapidly going forward.” During an interview with John Micklethwait, editor-in-chief of Bloomberg News in October, Trump stated that he is proposing these tariffs in an effort to boost business in the U.S. “The higher the tariff, the more likely it is that the company will come into the United States and build a factory,” said Trump. Related: Veteran fund manager sees world of pain coming for stocks
KyKy Tandy scores 21 and Florida Atlantic pulls away late to beat Oklahoma State 86-78
Dolphins coach Mike McDaniel says he was surprised by reports of Shaq Barrett's unretirement plan
I know the weeks between Thanksgiving and Christmas are busy for all of us, but the Kentucky General Assembly will convene the 2025 Regular Session just a week after we ring in the New Year. Since time is of the essence, I wanted to use this week’s legislative update to share some basic information that I hope will help you follow our work. The General Assembly will convene on Tuesday, January 7 at noon. Our convening is set by the Kentucky Constitution, which requires that we begin session on the first Tuesday after the first Monday in January. The Constitution, after an amendment passed 24 years ago, also establishes that in odd years we have 30 legislative days to complete our work before we must adjourn by midnight on March 30. We already know that this will be a historic session, as it is the last session in the State Capitol Building for several years. The entire campus is undergoing renovations aimed at maintaining the facility’s historic integrity while making it safer and more accessible for those who work and visit. The project also incorporates modern technology. Since the Kentucky Constitution also requires that all sessions be held in the state capital (except in case of war, insurrection, or pestilence, may I add), next session we will meet in a temporary facility on the Capitol campus. While the legislature can only take official action like passing laws during session, lawmakers use the time between sessions to study issues and work with stakeholders to prepare. Lawmakers met throughout the summer and fall to consider issues that will be addressed with legislation during the 2025 Regular Session. Presentations included several bills that will be filed when the legislature convenes, as well as information on other issues and updates on laws already passed as lawmakers monitor how they are implemented. In addition to committee work, special task forces have discussed housing and labor shortages, the skyrocketing use of Artificial Intelligence, and the governance of the state’s largest school system. Since lawmakers addressed the budget last session, they will be free to consider a number of other issues this year. Our legislative agenda is shaping up to include additional efforts to lower the state’s income tax, get Kentuckians working, increase access to affordable health care, protect Kentucky children, honor our veterans, and help strengthen our communities. All of these are important if we want to continue making Kentucky the best place to live, work, and build a life. If you are interested in following along, please visit the legislature’s website and email me to be added to a list for regular updates. One of my favorite duties as a legislator is welcoming visitors and school groups to Frankfort. These tours serve as a great reminder of why I serve this community, and provide folks from our community with a firsthand appreciation of their state capitol building and capital city. If you have a school group or civic organization that would like to come visit, I hope you will let me arrange the tour of the Kentucky State Capitol, Thomas D. Clark Kentucky History Center, or the Military History Museum. I also have some resources for groups that cannot make the trip – including a video tour and activity books. If you are not able to visit in person, we use a variety of tools to keep the legislature’s work accessible and transparent. For decades, Kentucky Educational Television (KET) has televised committee meetings and the work we do on the House Floor. In addition, the legislature now offers a YouTube channel and broadcasts live from all committees, including those that KET is unable to cover. To access the KET and YouTube coverage, visit www.legislature.ky.gov and click on the Live Coverage box. You may also go directly to them via www.ket.org and KY LRC Committee Meetings on YouTube. The Legislative Research Commission (LRC) is the legislature’s administrative arm and maintains a helpful, information-packed website. It contains every bill and resolution, schedules, contact information, and information about the legislative process. I regularly refer to LRC publications, which provide research information on a variety of issues and can also be downloaded from the website. I also wanted to share that I was invited to speak to retired teachers at the Whitley Area Retired Teachers Association (WARTA) meeting last Thursday. Unfortunately, the meeting was canceled due to the weather, but I wanted to share the great achievements we had in education this year. We spend more on education than any other area of government and this past session we made every attempt to get funding to the level closest to students. The education investments included in the state budget (HB 6) represent the largest increase in funding since the passage of the Kentucky Education Reform Act (KERA). Among the allocations made in the budget are: — An increase in SEEK funding by 3% in the first fiscal year, and 6% in the next fiscal year for a total of $612 more per pupil over the two-year period. — Funding to cover 90% of transportation costs in FY 25, and fully fund the costs in FY 26 — Increased access to funding for districts with a limited ability to raise local revenue by increasing the Tier 1 equalization. — Increased General Fund monies by $4.8 million in each fiscal year for a Pilot Teacher Recruitment Student Loan Forgiveness Program —An additional $2.6 million over the biennium for the Teacher Scholarship Programs — $7.3 million in additional funds in each fiscal year for a new Student Teacher Stipend Program In addition, HB 6 included almost $2 billion towards the teacher’s retirement system, an amount far above what is required by law but what is necessary to shore the system up for current and future retirees. We also included $80 million for teacher’s retirement in HB 1. As always, I can be reached anytime through the toll-free message line in Frankfort at 1-800-372-7181. You can also contact me via email at nick.wilson@kylegislature.gov and keep track through the Kentucky legislature’s website at legislature.ky.gov . Nick Wilson represents Whitley and part of Laurel County, comprising District 82.
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