The grants, from Torfaen County Borough Council, aim to help ensure the long-term viability of the social enterprises which operate commercial projects supporting communities. As part of the Social Enterprise Challenge grants, launched by the council’s Building Resilient Communities team in the summer, organisations will be given training and supported to develop a 12-month sustainability plan. Mathew Bartlett, from Hope for the Community Project based at the Sharon Full Gospel Church, said: “Our project supports the community in Pontypool by providing a cafe and shop to help with food and fuel costs during the cost-of-living crisis. “The grant will help us advertise and grow our business model to make this important work sustainable long-term.” Nathan Daniel, at Mentroar, a new social enterprise that provides support and personal mentoring to young people and adults with behavioural and emotional challenges, said: “We’re looking to use sport, fitness, outdoor activities, and peer mentoring to improve mental health and wellbeing. "This programme will drive us forward, enabling us to support more people and be a catalyst for positive change.” The other successful enterprises are: • BB Sustainable Tourism: Opening a second retail shop in Blaenavon to boost the local economy with eco-conscious products. • Cwmbran Centre for Young People: Expanding training sessions, meeting facilities, and a youth gym. • Llanyravon Manor Farm: Re-opening Community Tea Rooms and hosting monthly markets. • Ponthir Village Hall: Upgrading facilities to offer a wedding venue and community shops. • Tasty Not Wasty: Expanding a community fridge and pay-as-you-feel café. • Torfaen Talks: Providing pay-what-you-can counselling and mental health sessions. There are estimated to be more than 30 social enterprises in Torfaen, including social care providers, recycling projects, and food co-operatives. Cllr Fiona Cross, executive member of communities, said: “As part of our Community Well-being Strategy, we aim to support organisations like social enterprises to identify gaps in local services and to work with them to provide long-term, sustainable solutions.” The Social Enterprise Challenge has received £315,000 from the UK Government through the UK Shared Prosperity Fund.
Airbnb, Inc. ( NASDAQ:ABNB – Get Free Report ) CEO Brian Chesky sold 38,461 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $133.58, for a total value of $5,137,620.38. Following the completion of the transaction, the chief executive officer now owns 12,537,369 shares in the company, valued at $1,674,741,751.02. This trade represents a 0.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Brian Chesky also recently made the following trade(s): Airbnb Trading Down 1.4 % ABNB stock opened at $133.38 on Friday. Airbnb, Inc. has a 1-year low of $110.38 and a 1-year high of $170.10. The firm has a market cap of $84.56 billion, a P/E ratio of 46.80, a P/E/G ratio of 1.93 and a beta of 1.13. The business’s 50 day moving average is $135.66 and its 200-day moving average is $133.91. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. Wall Street Analysts Forecast Growth A number of analysts have weighed in on the company. Barclays boosted their price target on Airbnb from $100.00 to $110.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Susquehanna boosted their price target on Airbnb from $130.00 to $160.00 and gave the stock a “positive” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. boosted their price target on Airbnb from $121.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Argus cut Airbnb from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Citigroup boosted their price objective on Airbnb from $135.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Six research analysts have rated the stock with a sell rating, nineteen have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Airbnb presently has an average rating of “Hold” and a consensus target price of $139.48. View Our Latest Analysis on ABNB Institutional Investors Weigh In On Airbnb Large investors have recently modified their holdings of the stock. Northwest Investment Counselors LLC bought a new stake in shares of Airbnb in the 3rd quarter valued at approximately $25,000. Hollencrest Capital Management grew its position in Airbnb by 6,666.7% during the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Airbnb during the 3rd quarter worth approximately $30,000. Meeder Asset Management Inc. grew its position in Airbnb by 73.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 375 shares of the company’s stock worth $57,000 after acquiring an additional 159 shares during the last quarter. Finally, Quarry LP bought a new stake in Airbnb during the 3rd quarter worth approximately $55,000. 80.76% of the stock is currently owned by institutional investors. About Airbnb ( Get Free Report ) Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes. Further Reading Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter .Hunter Biden pardon proves DOJ is politicized, NYC Mayor Adams crows — as he blasts his own criminal case
Trevor Lawrence goes on IR in likely end to season after vicious Azeez Al-Shaair hitIt looked like a recipe for disaster. So, when his country's swimmers were being accused of doping earlier this year, one Chinese official cooked up something fast. He blamed it on contaminated noodles. In fact, he argued, it could have been a culinary conspiracy concocted by criminals, whose actions led to the cooking wine used to prepare the noodles being laced with a banned heart drug that found its way into an athlete's system. This theory was spelled out to international anti-doping officials during a meeting and, after weeks of wrangling, finally made it into the thousands of pages of data handed over to the lawyer who investigated the case involving 23 Chinese swimmers who had tested positive for that same drug. The attorney, appointed by the World Anti-Doping Agency, refused to consider that scenario as he sifted through the evidence. In spelling out his reasoning, lawyer Eric Cottier paid heed to the half-baked nature of the theory. "The Investigator considers this scenario, which he has described in the conditional tense, to be possible, no less, no more," Cottier wrote. Even without the contaminated-noodles theory, Cottier found problems with the way WADA and the Chinese handled the case but ultimately determined WADA had acted reasonably in not appealing China's conclusion that its athletes had been inadvertently contaminated. Critics of the way the China case was handled can't help but wonder if a wider exploration of the noodle theory, details of which were discovered by The Associated Press via notes and emails from after the meeting where it was delivered, might have lent a different flavor to Cottier's conclusions. "There are more story twists to the ways the Chinese explain the TMZ case than a James Bond movie," said Rob Koehler, the director general of the advocacy group Global Athlete. "And all of it is complete fiction." In April, reporting from the New York Times and the German broadcaster ARD revealed that the 23 Chinese swimmers had tested positive for the banned heart medication trimetazidine, also known as TMZ. China's anti-doping agency determined the athletes had been contaminated, and so, did not sanction them. WADA accepted that explanation, did not press the case further, and China was never made to deliver a public notice about the "no-fault findings," as is often seen in similar cases. The stock explanation for the contamination was that traces of TMZ were found in the kitchen of a hotel where the swimmers were staying. In his 58-page report, Cottier relayed some suspicions about the feasibility of that chain of events — noting that WADA's chief scientist "saw no other solution than to accept it, even if he continued to have doubts about the reality of contamination as described by the Chinese authorities." But without evidence to support pursuing the case, and with the chance of winning an appeal at almost nil, Cottier determined WADA's "decision not to appeal appears indisputably reasonable." A mystery remained: How did those traces of TMZ get into the kitchen? Shortly after the doping positives were revealed, the Institute of National Anti-Doping Organizations held a meeting on April 30 where it heard from the leader of China's agency, Li Zhiquan. Li's presentation was mostly filled with the same talking points that have been delivered throughout the saga — that the positive tests resulted from contamination from the kitchen. But he expanded on one way the kitchen might have become contaminated, harkening to another case in China involving a low-level TMZ positive. A pharmaceutical factory, he explained, had used industrial alcohol in the distillation process for producing TMZ. The industrial alcohol laced with the drug "then entered the market through illegal channels," he said. The alcohol "was re-used by the perpetrators to process and produce cooking wine, which is an important seasoning used locally to make beef noodles," Li said. "The contaminated beef noodles were consumed by that athlete, resulting in an extremely low concentration of TMZ in the positive sample. "The wrongdoers involved have been brought to justice." This new information raised eyebrows among the anti-doping leaders listening to Li's report. So much so that over the next month, several emails ensued to make sure the details about the noodles and wine made their way to WADA lawyers, who could then pass it onto Cottier. Eventually, Li did pass on the information to WADA general counsel Ross Wenzel and, just to be sure, one of the anti-doping leaders forwarded it, as well, according to the emails seen by the AP. All this came with Li's request that the noodles story be kept confidential. Turns out, it made it into Cottier's report, though he took the information with a grain of salt. "Indeed, giving it more attention would have required it to be documented, then scientifically verified and validated," he wrote. Neither Wenzel nor officials at the Chinese anti-doping agency returned messages from AP asking about the noodles conspiracy and the other athlete who Li suggested had been contaminated by them. Meanwhile, 11 of the swimmers who originally tested positive competed at the Paris Games earlier this year in a meet held under the cloud of the Chinese doping case. Though WADA considers the case closed, Koehler and others point to situations like this as one of many reasons that an investigation by someone other than Cottier, who was hired by WADA, is still needed. "It gives the appearance that people are just making things up as they go along on this, and hoping the story just goes away," Koehler said. "Which clearly it has not." Be the first to know Get local news delivered to your inbox!Vikings activate Ivan Pace, waive Jamin Davis
Charles Dolan, media pioneer and Cablevision founder, dies at 98Dragon Ball Daima Sees Goku Overcome One of The Series’ Biggest Nerfs
NFL Commissioner Roger Goodell spoke to congressional leaders Monday about the ongoing security issue of drones on game days, a person with knowledge of the meeting told The Associated Press. The person, speaking to the AP on condition of anonymity because the discussions weren't publicized, said Goodell also joined Washington Commanders controlling owner Josh Harris in a series of meetings concerning the RFK stadium proposal and other league matters. Unapproved drones have become a problem for various sports leagues. There was a stoppage during the AFC championship game in Baltimore last January because a drone violated the restricted airspace. Another game in Baltimore in November 2023 was delayed twice because of a drone. The NFL said there were 2,845 drone flights into restricted air space during games in 2023. That number was up from 2,537 in 2022. The Federal Aviation Administration prohibits drones from flying within 3 nautical miles — about 3.45 miles — of stadiums during major sporting events with a seating capacity of 30,000 or more. The ban starts one hour before the scheduled time of a game or event and extends until one hour after it ends. The FAA banned drones within a radius of 30 nautical miles — about 35 miles — of Allegiant Stadium for the Super Bowl last February.❎ 5 of NJ's gubernatorial candidates participated in a business forum ❎ New Jersey will choose a new governor in 2025 ❎ Other candidates were invited to participate WOODBRIDGE — New Jersey's race for governor in 2025 is crowded, with multiple candidates on both sides of the political aisle. Five of those candidates gathered on stage Wednesday in front of hundreds of New Jersey employers and business leaders. Who attended? Taking part in an hour-long conversation hosted by the New Jersey Business & Industry Association: Jack Ciattarelli , a former Republican assemblyman from Somerset County who lost the last gubernatorial election to Gov. Phil Murphy Steven Fulop , the Democratic mayor of Jersey City Bill Spadea , a populist and conservative Republican who hosts New Jersey 101.5's morning show Sean Spiller , the president of the New Jersey Education Association who recently served as the Democratic mayor of Montclair Steve Sweeney , a Gloucester County Democrat and longtime State Senate president who lost re-election in 2021 Who wasn't there? NJBIA noted that other gubernatorial candidates were invited to join, but there were scheduling conflicts. Beyond the panel that appeared at the APA Hotel, declared candidates for governor include: Ras Baraka , the Democratic mayor of Newark Josh Gottheimer , the Democratic congressman from North Jersey's 5th District Mikie Sherrill , the Democratic congresswoman from North Jersey's 11th District Jon Bramnick , an anti-Trump Republican state senator from Union County Ed Durr , a Republican who defeated Sweeney in 2021 but lost his own re-election Key points from 5 candidates Jack Ciattarelli (Republican) ⚫ "We're a sprawl state. Sprawl is terribly expensive. I believe we need to stop sprawl in its tracks. That doesn't mean I'm not going to encourage economic development in suburbs, but we really need to direct our population growth towards our cities." ⚫ "The school funding we currently have — the current administration always wants to brag about the fact that it's fully funded. But why would you want to fully fund a flawed formula?" ⚫ "If you're a New Jersey resident who stays here after you graduate, how about the first year of W2 wages is income-tax free?" ⚫ " We need a hands-on CEO governor in this state . It's a $57 billion enterprise with 65,000 employees and 9.3 million customers." Steven Fulop (Democrat) ⚫ "I think the best example of what type of governor I would be, and what I would change, is what have I done in Jersey City. We have transformed that city to be literally the economic backbone of New Jersey." ⚫ " We know for certain that there's too much government in New Jersey ... and consolidation is necessary. There hasn't been the will or the appetite to do that in Trenton, is the reality. And unless you culturally change how Trenton operates, that will continue to be the common thread there and nothing will get done." ⚫ " At the end of the day, you pay a corruption tax to live and operate in New Jersey. I mean by that, the structure is inherently tainted in a way that it is never incentivized to make those changes that you desperately need and that taxpayers desperately need." ⚫ " New Jersey was not bold when we got to $15 minimum wage ... We have a very, very high cost of living here, and that upward pressure is important to the lowest paid employees." Bill Spadea (Republican) ⚫ "I believe what we really need is a mindset change. We need to be pro-business instead of pro-government." ⚫ " Three things that have to be done immediately: cut taxes, end all of the over-regulation, and create an environment where you can hire the people that you need." ⚫ "When it comes to helping all of you hire the people that you need, we've got to stop this mentality that every kid has to go to college. We've got to develop an investment into career and technical education." ⚫ "You're looking at a $7 billion cost a year to New Jersey because we have nearly 900,000 illegals in our state. You're paying for that." SEE ALSO: How much is NJ's gas tax in 2025? Sean Spiller (Democrat) ⚫ "We've got to take a look at a number of things to make sure that this state remains competitive, continues to draw people to this state , but also looks at your bottom-line expenses and talks about everything in a comprehensive, collective way." ⚫ "We are a well-educated state. That's an important piece of this, we want to make sure to continue that. We want to make sure this is a place where people who are coming here from out of state do want to raise their families." ⚫ "We can't constantly elect the same thing and expect some different outcome. And I think that finally having an educator who could be the next governor is something that would bring a great benefit to this state." ⚫ "Even as a kid, I knew that New Jersey was a hard place for my parents to afford." Steve Sweeney (Democrat) ⚫ "My concern right now is, everyone saying, we've got to find more money, we've got to tax more — we've got to calm down, we've got a spending problem ." ⚫ "When we legalized marijuana, we had the lowest tax rate in the nation — you can't say that many times with New Jersey." ⚫ "We keep saying we want something different, we want lower taxes, but we're not willing to do anything different." ⚫ " We need to invest in higher education. When you talk about migration of dollars leaving, we send more kids out of the state than any other state in the nation." Cordial conversation Before the conversation began, the candidates were reminded that the panel was "a forum, not a debate." Candidates were civil, and each person was given an opportunity to answer each question and offer closing remarks. SEE ALSO: NJ law will mandate salary ranges in job postings When candidates stuck to the questions, the conversation mainly focused on New Jersey's business climate. Moderator Rick Thigpen asked the candidates about their proposed plans related to economic growth, the workforce development pipeline, innovation, and property taxes on businesses. Report a correction 👈 | 👉 Contact our newsroom Celebrities who vowed to leave the United States after the election Rumors are flying that Bruce Springsteen has vowed to leave the country if Donald Trump wins the 2024 election. He didn’t say it. But false promises of leaving the country if a celebrity didn’t get their way has been a real thing and not always said in jest. Here’s a list of famous people who promised to leave the country if Trump were elected. I hope you didn't bet money on them leaving since none did. Gallery Credit: Jeff Deminski LOOK: 79 of the Most 1970s Photos You've Ever Seen Step back into the wild, rebellious 1970s with 79 unforgettable photos that capture the era's bold fashions, entertainment and everyday life. Gallery Credit: Stephen Lenz
(Reuters) – Intel will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS technology conference on Wednesday. Reuters reported on Tuesday that Intel has started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker. Intel’s “core strategy remains intact”, Zinsner said at the conference, two days after the struggling U.S. chipmaker announced the resignation of CEO Pat Gelsinger following impatience with the pace of a costly turnaround. The company also requires a “significant cultural change” to become a successful foundry player as well as in the semiconductor business, Intel’s head of foundry manufacturing and supply chain Naga Chandrasekaran said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shounak Dasgupta) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );