Hyaluronic Acid Market Size, Share & Trends Analysis Report Forecast Period (2024-2031). 12-26-2024 07:17 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Orion Market Research Hyaluronic acid market is anticipated to grow at a moderate CAGR of 9.6% during the forecast period (2024-2031). Hyaluronic acid is a naturally occurring glycosaminoglycan found throughout the body's connective tissue. The growing demand for hyaluronic acid for cosmetic procedures is a key factor driving the global market. However, the various side effects such as skin infections, immune-related problems due to an excessive amount of chemicals, and the high amount of acid are hampering the market growth. However, the development of new and natural or low chemical-based and less acidic products is anticipated to create huge opportunities for the hyaluronic acid demand. Get Sample Copy of this Report at https://www.omrglobal.com/request-sample/hyaluronic-acid-market Growing Aesthetic Procedures The growing urge of consumers to look aesthetically appealing with increasing age has driven the minimally invasive aesthetic procedures demand globally. Hyaluronic acid filler injectable replenishes the natural hyaluronic acid in the skin by adding volume and hydration to areas of the face including the lips, cheeks, and under-eye hollows for a radiant look. Thus, the growing number of minimally invasive aesthetic procedures has contributed significantly to the heightened hyaluronic acid demand. According to the American Society of Plastic Surgeons, in 2023, 5.3 million cosmetic minimally invasive procedures were conducted globally with hyaluronic acid fillers including Juvederm Ultra, Ultra Plus, Voluma, Volbella, Vollure, Restylane Lyft, Restylane Silk, Belotero, Bolvella, Restylane compared to 4.9 million procedures in 2022, depicting an increase of 8.0%. full report of available https://www.omrglobal.com/industry-reports/hyaluronic-acid-market Market Segmentation Based on the grade, the market is segmented into food grade, cosmetic grade, and pharmaceutical grade. Based on the application, the market is segmented into cosmetics, aesthetics (dermal fillers), osteoarthritis, ophthalmic, dietary supplements, and others. Osteoarthritis to Exhibit Significant Growth Based on Application Hyaluronic acid can be directly injected into the joints for instant pain relief and can delay surgical procedures in some cases. The increasing prevalence of orthopedic disorders such as arthritis, osteoporosis, and knee injuries globally has created a heightened demand for hyaluronic acid injections. According to the CDC, 18.9% of adults in the US aged 18 and older were diagnosed with arthritis in 2022, with women more likely to be affected than men. The prevalence of arthritis is projected to increase to 78.4 million adults by 2040. Thus, with the increasing cases of bone and joint-related issues, the market for hyaluronic acid is anticipated to grow during the forecast period. Additionally, several insurance companies cover hyaluronic acid for medically necessary osteoarthritis treatment. This factor is further promoting the growth of this market segment. by Grade (Food Grade, Cosmetic Grade, and Pharmaceutical Grade), and by Application (Cosmetics, Aesthetic (Dermal Filler), Osteoarthritis, Ophthalmic, Dietary Supplements, and Others) Regional Outlook The global hyaluronic acid market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America). China is a Hotspot for Major Investment in the Hyaluronic Acid Market In the past decade, China's aesthetics medicine sector growth has outpaced the global market. The market players in the region are actively adopting various business strategies to leverage the high market potential of China. For instance, Galderma launched its hyaluronic acid injectable filler, Restylane VOLYME in China in May 2023. The company is also introducing its complementary shape-up Holistic Individualized Treatment (HIT) in the country, which addresses aging concerns caused by loss of structural support in the mid-face. The availability of these targeted solutions for the mid-face region is demonstrative of Galderma's commitment to meeting patient and injector needs in China. Further, in July 2024, LG Chem introduced its single-injection osteoarthritis treatment, Synovian in China through its Chinese partner Yifan Pharmaceutical under the brand name Hyruan One. Synovian is a cross-linked hyaluronic acid treatment for knee osteoarthritis developed using LG Chem's proprietary technology. The company intends to expand its presence in China, with this launch. Market Players Outlook The major companies serving the hyaluronic acid market include AbbVie Co. (Allergan Plc), Merz Pharma GmbH & Co. KGaA, Zimmer Biomet, Smith & Nephew Plc, Galderma, and Sanofi SA among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market. Recent Development In May 2023, Evolus, Inc. entered into a definitive agreement to be the exclusive US distributor of a line of five unique dermal fillers currently in late-stage development. The addition of a filler line expands the company's total addressable US market by 70.0% by adding a $1.6 billion US filler market opportunity to the existing $2.3 billion aesthetic neurotoxin market, with both markets expected to nearly double by 2028. The Report Covers Market value data analysis of 2023 and forecast to 2031. Annualized market revenues ($ million) for each market segment. Country-wise analysis of major geographical regions. Key companies operating in the hyaluronic acid market. Based on the availability of data, information related to new products, and relevant news is also available in the report. Analysis of business strategies by identifying the key market segments positioned for strong growth in the future. Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market. For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/hyaluronic-acid-market Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404 About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies. This release was published on openPR.IBM and State of Illinois to Build National Quantum Algorithm Center in Chicago with Universities and Industries
The suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. Luigi Mangione, 26, was thrust into the spotlight Monday after police revealed he is their person of interest in the brutal murder of United Healthcare CEO Brian Thompson, a father of two, last week in broad daylight in Manhattan in a case that laid bare deep frustration and anger with America's privatized medical system. News of his capture in Pennsylvania -- following a tip from a McDonald's worker --triggered an explosion of online activity, with Mangione quickly amassing new followers on social media as citizen sleuths and US media tried to understand who he is. While some lauded him as a hero and lamented his arrest, others analyzed his intellectual takes in search of ideological clues. A photo on one of his social media accounts includes an X-ray of an apparently injured spine. No explicit political affiliation has emerged. Meanwhile, memes and jokes proliferated, many riffing on his first name and comparing him to the "Mario Bros." character Luigi, sometimes depicted in AI-altered images wielding a gun or holding a Big Mac. "Godspeed. Please know that we all hear you," wrote one user on Facebook. "I want to donate to your defense fund," added another. According to Mangione's LinkedIn profile, he is employed as a data engineer at TrueCar, a California-based online auto marketplace. A company spokesperson told AFP Mangione "has not been an employee of our company since 2023." Although he had been living in Hawaii ahead of the killing, he originally hails from Towson, Maryland, near Baltimore. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner. The family owns local businesses, including the Hayfields Country Club, its website says. - Standout student - A standout student, Mangione graduated at the top of his high school class in 2016. In an interview with his local paper at the time, he praised his teachers for fostering a passion for learning beyond grades and encouraging intellectual curiosity. A former student who knew Mangione at the Gilman School told AFP the suspect struck him as "a normal guy, nice kid." "There was nothing about him that was off, at least from my perception," this person said, asking that their name not be used. "Seemed to just be smiling, and kind of seemed like he was a smart kid. Ended up being valedictorian, which confirmed that," the former student said. Mangione went on to attend the prestigious University of Pennsylvania, where he completed both a bachelor's and master's degree in computer science by 2020, according to a university spokesperson. While at Penn, Mangione co-led a group of 60 undergraduates who collaborated on video game projects, as noted in a now-deleted university webpage, archived on the Wayback Machine. On Instagram, where his following has skyrocketed from hundreds to tens of thousands, Mangione shared snapshots of his travels in Mexico, Puerto Rico and Hawaii. He also posted shirtless photos flaunting a six-pack and appeared in celebratory posts with fellow members of the Phi Kappa Psi fraternity. However, it is on X (formerly Twitter) that users have scoured Mangione's posts for potential motives. His header photo -- an X-ray of a spine with bolts -- remains cryptic, with no public explanation. Finding a coherent political ideology has also proved elusive, though he had written a review of Ted Kaczynski's manifesto on the online site goodreads, calling it "prescient." Kaczynski, known as the Unabomber, carried out a string of bombings in the United States from 1978 to 1995, a campaign he said was aimed at halting the advance of modern society and technology. Mangione called Kaczynski "rightfully imprisoned," while also saying "'violence never solved anything' is a statement uttered by cowards and predators." According to CNN, handwritten documents recovered when Mangione was arrested included the phrase "these parasites had it coming." Mangione has also linked approvingly to posts criticizing secularism as a harmful consequence of Christianity's decline. In April, he wrote, "Horror vacui (nature abhors a vacuum)." The following month, he posted an essay he wrote in high school titled "How Christianity Prospered by Appealing to the Lower Classes of Ancient Rome." In another post from April, he speculated that Japan's low birthrate stems from societal disconnection, adding that "fleshlights" and other vaginal-replica sex toys should be banned. ia/nro/dw
By Katheryn Houghton and Arielle Zionts, KFF Health News (TNS) Tescha Hawley learned that hospital bills from her son’s birth had been sent to debt collectors only when she checked her credit score while attending a home-buying class. The new mom’s plans to buy a house stalled. Hawley said she didn’t owe those thousands of dollars in debts. The federal government did. Hawley, a citizen of the Gros Ventre Tribe, lives on the Fort Belknap Indian Reservation in Montana. The Indian Health Service is a federal agency that provides free health care to Native Americans, but its services are limited by a chronic shortage of funding and staff. Hawley’s local Indian Health Service hospital wasn’t equipped to deliver babies. But she said staff there agreed that the agency would pay for her care at a privately owned hospital more than an hour away. That arrangement came through the Purchased/Referred Care program, which pays for services Native Americans can’t get through an agency-funded clinic or hospital. Federal law stresses that patients approved for the program aren’t responsible for any of the costs. But tribal leaders, health officials, and a new federal report say patients are routinely billed anyway as a result of backlogs or mistakes from the Indian Health Service, financial middlemen, hospitals, and clinics. The financial consequences for patients can last years. Those sent to collections can face damaged credit scores, which can prevent them from securing loans or require them to pay higher interest rates. The December report , by the federal Consumer Financial Protection Bureau, found these long-standing problems contribute to people in Native American-majority communities being nearly twice as likely to have medical debt in collections compared with the national average. And their amount of medical debt is significantly higher. The report found the program is often late to pay bills. In some cases, hospitals or collection agencies hound tribal citizens for more money after bills are paid. Hawley’s son was born in 2003. She had to wait another year to buy a home, as she struggled to pay off the debt. It took seven years for it to drop from her credit report. “I don’t think a person ever recovers from debt,” Hawley said. Hawley, a cancer survivor, still must navigate the referral program. In 2024 alone, she received two notices from clinics about overdue bills. Frank White Clay, chairman of the Crow Tribe in Montana, testified about the impact of wrongful billing during a U.S. House committee hearing in April. He shared stories of veterans rejected for home loans, elders whose Social Security benefits were reduced, and students denied college loans and federal aid. “Some of the most vulnerable people are being harassed daily by debt collectors,” White Clay said. No one is immune from the risk. A high-ranking Indian Health Service official learned during her job’s background check that her credit report contained referred-care debt, the federal report found. Native Americans face disproportionately high rates of poverty and disease , which researchers link to limited access to health care and the ongoing impact of racist federal policies . White Clay is among many who say problems with the referred-care program are an example of the U.S. government violating treaties that promised to provide for the health and welfare of tribes in return for their land. The chairman’s testimony came during a hearing on the Purchased and Referred Care Improvement Act, which would require the Indian Health Service to create a reimbursement process for patients who were wrongfully billed. Committee members approved the bill in November and sent it for consideration by the full House. A second federal bill, the Protecting Native Americans’ Credit Act , would prevent debt like Hawley’s from affecting patients’ credit scores. The bipartisan bill hadn’t had a hearing by mid-December. The exact number of people wrongfully billed isn’t clear, but the Indian Health Service has acknowledged it has work to do. The agency is developing a dashboard to help workers track referrals and to speed up bill processing, spokesperson Brendan White said. It’s also trying to hire more referred-care staff, to address vacancy rates of more than 30%. Officials say problems with the program also stem from outside health providers that don’t follow the rules. Melanie Egorin, an assistant secretary at the U.S. Department of Health and Human Services, said at the hearing that the proposed legislation doesn’t include consequences for “bad actors” — health facilities that repeatedly bill patients when they shouldn’t. “The lack of enforcement is definitely a challenge,” she said. But tribal leaders warned that penalties could backfire. Related Articles Health | How America lost control of the bird flu, setting the stage for another pandemic Health | How to kick back, relax and embrace a less-than-perfect holiday Health | New childhood leukemia protocol is ‘tremendous win’ Health | For some FSA dollars, it’s use it or lose it at year’s end Health | Norovirus is rampant. Blame oysters, cruise ships and holiday travel White Clay told lawmakers that some clinics already refuse to see patients if the Indian Health Service hasn’t paid for their previous appointments. He’s worried the threat of penalties would lead to more refusals. If that happens, White Clay said, Crow tribal members who already travel hours to access specialty treatment would have to go even farther. The Consumer Financial Protection Bureau report found clinics are already refusing to see any referred-care patients due to the program’s payment problems. The bureau and the Indian Health Service also recently published a letter urging health care providers and debt collectors not to hold patients accountable for program-approved care. White, the Indian Health Service spokesperson, said the agency recently updated the referred-care forms sent to outside hospitals and clinics to include billing instructions and to stress that patients aren’t liable for any out-of-pocket costs. And he said the staff can help patients get reimbursed if they have already paid for services that were supposed to be covered. Joe Bryant, an Indian Health Service official who oversees efforts to improve the referral program, said patients can ask credit bureaus to remove debt from their reports if the agency should have covered their bills. Leaders with the Confederated Tribes of the Colville Reservation in Washington state helped shape the proposed legislation after their citizens were repeatedly harmed by wrongful billing. Tribal Chairman Jarred-Michael Erickson said problems began in 2017, when a regional Indian Health Service office took over the referred-care program from local staff. It “created a domino effect of negative outcomes,” Erickson wrote in a letter to Congress. He said some tribal members whose finances were damaged stopped using the Indian Health Service. Others avoided health care altogether. Responsibility for the Colville Reservation program transferred back to local staff in 2022. Staffers found the billing process hadn’t been completed for thousands of cases, worth an estimated $24 million in medical care, Erickson told lawmakers . Workers are making progress on the backlog and they have explained the rules to outside hospitals and clinics, Erickson said. But he said there are still cases of wrongful billing, such as a tribal member who was sent to collections after receiving a $17,000 bill for chemotherapy that the agency was supposed to pay for. Erickson said the tribe is in the process of taking over its health care facilities instead of having the Indian Health Service run them. He and others who work in Native American health said tribally managed units — which are still funded by the federal agency — tend to have fewer problems with their referred-care programs. For example, they have more oversight over staff and flexibility to create their own payment tracking systems. But some Native Americans oppose tribal management because they feel it releases the federal government from its obligations. Beyond wrongful billing, access to the referred-care program is limited because of underfunding from Congress. The $1 billion budget this year is $9 billion short of the need, according to a committee report by tribal health and government leaders. Donald Warne, a physician and member of the Oglala Sioux Tribe in South Dakota, called the proposed legislation a “band-aid.” He said the ultimate solution is for Congress to fully fund the Indian Health Service, which would reduce the need for the referred-care program. Back in Montana, Hawley said she braces for a fight each time she gets a bill that the referral program was supposed to cover. “I’ve learned not to trust the process,” Hawley said. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.
NEW YORK--(BUSINESS WIRE)--Dec 9, 2024-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorganChase. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news . JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.2 trillion in assets and $346 billion in stockholders’ equity as of September 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241209290010/en/ CONTACT: Investor Contact: Mikael Grubb 212-270-2479 Media Contact: Joseph Evangelisti 212-270-7438 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: JPMorgan Chase & Co. Copyright Business Wire 2024. PUB: 12/09/2024 05:56 PM/DISC: 12/09/2024 05:56 PM http://www.businesswire.com/news/home/20241209290010/en
I was sitting alone in a dark corner of a bar when the atmospheric river washed out the power. I couldn’t even see myself in the bar-back mirror. Just within earshot were the barman and an unsteady customer. We three, I the eavesdropper, with a recorder turned on. Assume boozy pronunciation throughout. Tedious for you & me, my transcribing each slur. I do include a few samples, reminders of disability. There’s some veritasch in vino. –Barkeep! Another Emerson V.S.O.P. –Take it a little easy, Prof. –Wanna hear the bash scht...the back-story to the lamentable 2024 election? –OK. Can’t read “Remembrance of Things Past” in emergency lighting. –All right. Here we go... You know there was more than one Deep State at play, this go-round. The MAGAtites took on the easy one: Malevolent Government Victimizing White Guys.– But there’s a deeper challenge to democratic Americans. Call it the Deep Cultural State (DCS). And of course you can’t imagine its most insidious expressions nor the major brewer of its Kool-Aid. -After all, the point of Deep Anything is that we the peeps are unconscious of it... –I need another shot . . . Nectar of the gods! As I was shayin’, the point of a Deep Any operation is that it’s a sting. Victims don’t know they’re victims and thus perpetuate their victimization. In national politics that’s called party platform or successful propaganda. Try this example of the DCS in oratorical action: “To believe your own thought, to believe that what is true for you in your private heart is true for all men—that is genius” –Yup, thash our president-Elect’s pal, the genius Vlad Putin. It’s also Ralph Waldo Emerson in his essay “Shelf Reliance.” He’s writing from the heart of pre-Civil War joy and hope but, as we say these days, without guard rails against evil genius! –Shorry for beating the bar so hard. Emphashis. Another example: “Trust thyself! Every heart vibrates to that iron string!” –More brandy! I was force-juiced that Kool-Aid in high school a.p. English, when anyone in the school orchestra would have called “Dumbshter! Iron would have made make lousy strings if anyone tried it. Brittle! Modern harps and pianos really took off after Bessemer and others invented the carbon steel necessary for their highly-tensioned wires.”–Emerson and his iron string ruined my career in team sports. –Another! Emershun’s preashing wash perfect...for the American 1830s, a time of Individual White Guys’ perceptions and actions, not “the dear old doctrines of the church,” as he genially discarded sin and redemption. “[B]ut if I am the devil’s child I will live then from the devil.” Only a man who doesn’t really believe in Hell could write that... –More brandy! In the 1830s Emerson raised high the DCS banner of individualism over ALL mere doctrines (like Christianity or true society’s “one for all, all for one”) and the representative oligarchies that had run the country since 1787...Tim Walz might say he wrote so DAMN well; Gov. Shapiro might holler he wrote such true S***; Gov. Whitmer might teasingly say he published his...STUFF so well... – O hell, sorry about the glass! Put it on my tab –...he wrote it so well that it’s lasted long past its sell by and expiration dates and become the anarchic deep foundation of the victors of 2024 . . . –Water, this round! I’m almost done. Emerson’s once-true 19th Century S***, his plain language, went around and came around inside out in 2024: “if the single man plant himself indomitably upon his instincts, and there abide, the huge world will come round to him.”–That’s not self reliance. That’s tyranny (or crucifixion) and DCS is pushing it. No guard rails. You know anyone more planted on his damnable instincts than our president-Elect? . . . . –Sam, one more, then call me a cab. I snuck out the back door & stepped in a puddle.
A big battery will plug into the solar corridor to the south of Canberra, with the profits to go to the taxpayer in a revenue-sharing first. Login or signup to continue reading Located next to existing powerlines and solar farms, construction has begun on Eku Energy's $400 million project that will bring 200 jobs for local tradies. The 250 megawatt/500 MW hour Williamsdale battery energy storage system located 35km south of Canberra will store enough renewable energy to power one-third of the capital for two hours during peak demand periods when it comes online in 2026. A critical energy asset for greater energy security and a bulwark against future price spikes, it is also a crucial step in the fight against climate change, according to ACT Chief Minister Andrew Barr. Importantly, a revenue-sharing deal means profits from the project will flow to the ACT and pay for more clean energy and other services for a growing population, he said in Williamsdale. "That is an important principle for our community, who want to see investment in renewable energy and battery storage not only supporting the effectiveness and reliability of our energy network but generating revenue." Recently re-elected and already the nation's longest-serving political leader, Mr Barr says the revenue-sharing model could be extended nationally as a good template for government procurement. Working with Evoenergy, Tesla Energy and the Australian Energy Market Operator, the Williamsdale battery will also be part of the NSW energy market and the broader east coast energy market. "The electrons flow in real time so what we would be replacing is the next most expensive form of generation when we dispatch," Eku Energy chief executive Daniel Burrows told AAP. It will provide additional supply when the market is tight, which should help lower wholesale prices and support making more clean energy available when it is required, he said. The battery will also provide more grid security by responding within milliseconds to demand and storing energy when it is abundant. "What we have in Australia is a prevalence of distributed energy - rooftop solar, large-scale wind and batteries - and a reasonably sophisticated grid," Mr Burrows said. "As we're doing business all around the world, other businesses, other governments, other industry players are looking to what happens here as to how we might manage the energy transition." Not a player in a nuclear energy future, he says Eku Energy focuses on projects that are "genuinely the most cost-effective and will stand the test of time". A $500 million community grants program set up by the company will be available to eligible local non-profit organisations for employment and education, social and environment initiatives. Another $500,000 will go to an Australian National University program that has been a testing ground for neighbourhood batteries and other technology. "Research funding in this area helps ensure we remain at the forefront of advancing technology for a clean energy future," Battery Storage and Grid Integration Program co-director Heather Logie says. Minister for Climate Change, Environment, Energy and Water Suzanne Orr donned high-vis gear to shovel dirt alongside Mr Barr in her first public engagement in her new portfolio. Simon Corbell, the architect of the ACT's clean energy transition as a Labor minister more than a decade ago, is one of her heroes, she told AAP. "Everyone has a different journey in coming to politics and mine has definitely been flavoured by the environmental movement," she said. Ms Orr, first elected in 2016, replaced former energy and emissions reduction minister Greens Leader Shane Rattenbury in the new government that has taken power without the ACT Greens as a partner. Canberra has already achieved a nation-leading 100 per cent renewable electricity supply and the ACT is aiming for net-zero emissions by 2045. The territory is phasing out household gas, with support for households to buy new appliances, electric vehicles, solar panels and batteries. But Ms Orr said the next stage of the transition will be more than "care and maintenance" of what has already been achieved. "I don't think anyone wants to rest on their laurels," she said. The Big Canberra Battery project that Mr Barr began as climate action minister will include the large-scale system in Williamsdale and neighbourhood-scale batteries at nine government sites. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. 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AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!LEDUC COUNTY, ALTA. — Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries. The Alberta Drilling Accelerator is intended to be an open-access, industry-led site where companies can test drilling technologies at deep depths, high temperatures and varying rock types. A location for the hub site has yet to be determined. While no binding contracts have been signed, the province says several companies have expressed strong interest in serving as anchor tenants, including Calgary-based geothermal company Eavor Technologies, Tourmaline Oil Corp. and international oilfield service supermajor Halliburton. The money the province is providing will come from the industry-funded Technology Innovation and Emissions Reduction (TIER) program, which Alberta's heavy emitters are required to pay into as part of the province's industrial carbon pricing system. The provincial government says the Alberta Drilling Accelerator could start drilling in 2026. This report by The Canadian Press was first published Nov. 25, 2024. Companies in this story: (TSX:TOU) The Canadian Press
J.K. Dobbins and Alohi Gilman are placed on injured reserve by ChargersNEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.
NEW YORK (AP) — There's no place like home for the holidays. And that may not necessarily be a good thing. In the wake of the very contentious and divisive 2024 presidential election, the upcoming celebration of Thanksgiving and the ramp-up of the winter holiday season could be a boon for some — a respite from the events of the larger world in the gathering of family and loved ones. Hours and even days spent with people who have played the largest roles in our lives. Another chapter in a lifetime of memories. That's one scenario. For others, that same period — particularly because of the polarizing presidential campaign — is something to dread. There is the likelihood of disagreements, harsh words, hurt feelings and raised voices looming large. Those who make a study of people and their relationships to each other in an increasingly complex 21st-century say there are choices that those with potentially fraught personal situations can make — things to do and things to avoid — that could help them and their families get through this time with a minimum of open conflict and a chance at getting to the point of the holidays in the first place. DO assess honestly where you are with it all For those who feel strongly about the election's outcome, and know that the people they would be spending the holiday feel just as strongly in the other direction, take the time to honestly assess if you're ready to spend time together in THIS moment, barely a few weeks after Election Day — and a time when feelings are still running high. The answer might be that you're not, and it might be better to take a temporary break, says Justin Jones-Fosu, author of “I Respectfully Disagree: How to Have Difficult Conversations in a Divided World.” “You have to assess your own readiness,” he says, “Each person is going be very different in this.” He emphasizes that it's not about taking a permanent step back. “Right now is that moment that we’re talking about because it’s still so fresh. Christmas may be different.” DON’T miss the bigger picture of what the holiday is all about Keep focused on why why you decided to go in the first place, Jones-Fosu says. Maybe it’s because there’s a relative there you don’t get to see often, or a loved one is getting up in age, or your kids want to see their cousins. Keeping that reason in mind could help you get through the time. DO set boundaries If you decide getting together is the way to go, but you know politics is still a dicey subject, set a goal of making the holiday a politics-free zone and stick with it, says Karl Pillemer, a professor at Cornell University whose work includes research on family estrangement. “Will a political conversation change anyone’s mind?" he says. “If there is no possibility of changing anyone’s mind, then create a demilitarized zone and don’t talk about it.” DON’T take the bait Let’s be honest. Sometimes, despite best efforts and intentions to keep the holiday gathering politics- and drama-free, there’s someone who’s got something to say and is going to say it. In that case, avoid getting drawn into it, says Tracy Hutchinson, a professor in the graduate clinical mental health counseling program at the College of William & Mary in Virginia. “Not to take the hook is one of the most important things, and it is challenging,” she says. After all, you don’t have to go to every argument you’re invited to. DO think about what will happen after the holiday If you risk getting caught up in the moment, consider engaging in what Pillemer calls “forward mapping.” This involves thinking medium and long term rather than just about right now — strategy rather than tactics. Maybe imagine yourself six months from now looking back on the dinner and thinking about the memories you'd want to have. “Think about how you would like to remember this holiday,” he says. “Do you want to remember it with your brother and sister-in-law storming out and going home because you’ve had a two-hour argument?” DON'T feel you have to be there uninterrupted Things getting intense? Defuse the situation. Walk away. And it doesn't have to be in a huff. Sometimes a calm and collected time out is just what you — and the family — might need. Says Hutchinson: “If they do start to do something like that, you could say, `I’ve got to make this phone call. I’ve got to go to the bathroom. I’m going to take a walk around the block.'"VanTrust Industrial Site Location Site Is in One of The Country's Fastest Growing Areas with One of The Strongest Economy And Provides Easy Access to The Crossroads of America SALT LAKE CITY , Dec. 12, 2024 /PRNewswire/ -- VanTrust Real Estate today announced the acquisition of 32 acres, located at 5998 West Parkway Blvd, in West Valley City, Utah , to build four industrial warehouse buildings. The site's prime location offers easy access to the "Crossroads of America" – a network of interstates, local highways, roads and rail lines that converge in Utah's capital city area. The site is located just south of State Route 201 and west of Mountain View Corridor. It is also near the Salt Lake City International Airport, Interstate 80, Interstate 15, and the Union Pacific Railroad intermodal hub. The site will accommodate four buildings that will provide 600,000 square feet of new Class A industrial space to this growing logistics area. According to Tom Freeman and Travis Healy of Colliers, the leasing team VanTrust has hired to market the buildings, there is consistent demand for space in this area due to its strategic position in the Salt Lake Valley, and because the area is one of the fastest growing and has one of the strongest economies in the country. "We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses," said Chris McCluskey , VanTrust's Executive Vice President of Development for Salt Lake City . "One of our specialties at VanTrust is industrial properties, and we are excited to add this tremendous location to our portfolio." VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver late spring 2026. Construction timing on the second two buildings is still to be determined. Specific tenants for the warehouses have not yet been identified. Since its inception in 2010, VanTrust has experienced rapid growth. The full-service real estate development company is based in Kansas City , with offices in Columbus , Dallas , Phoenix , Jacksonville , and Salt Lake City . VanTrust has developed more than 68 million square feet of office, industrial, multifamily, science + technology, and mixed-use development. The company has more than $7 billion of product nationwide. About VanTrust Real Estate VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset enhancement. Product types include office, industrial, multifamily, mixed-use and science + technology. VanTrust works nationally with regional offices in Columbus , Dallas , Phoenix , Jacksonville and Salt Lake City with its headquarters in Kansas City, Missouri . For more information, visit www.vantrustre.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/vantrust-real-estate-acquires-strategically-located-salt-lake-county-site-to-build-four-new-industrial-warehouses-302330708.html SOURCE VanTrust Real Estate
NEW YORK--(BUSINESS WIRE)--Dec 9, 2024-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorganChase. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news . JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.2 trillion in assets and $346 billion in stockholders’ equity as of September 30, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241209290010/en/ CONTACT: Investor Contact: Mikael Grubb 212-270-2479 Media Contact: Joseph Evangelisti 212-270-7438 KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: JPMorgan Chase & Co. Copyright Business Wire 2024. PUB: 12/09/2024 05:56 PM/DISC: 12/09/2024 05:56 PM http://www.businesswire.com/news/home/20241209290010/enPoilievre suggests Trudeau is too weak to engage with Trump, Ford won't go there
Tulsi Gabbard, Trump’s pick for intel chief, faces questions on Capitol Hill amid Syria fallout