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McDermott, AFC East-leading Bills refreshed coming out of bye week, and looking ahead to host 49ersThe world’s tallest woman and the world’s shortest woman have met for afternoon tea in London to celebrate Guinness World Records Day. Rumeysa Gelgi, who stands 215.16 centimetres (7 feet 0.7 inches) tall, and Jyoti Amge, who measures just 62.8 centimetres (2 feet 0.7 inches), met at the Savoy Hotel, according to a statement from Guinness World Records (GWR) on Wednesday. The height difference between the two women might be a massive 152.36 centimetres (5 feet), but the pair reportedly got on famously. “We do have things in common. We both love make-up, self-care, jewellery and doing our nails,” said Gelgi in the statement. “It was difficult for us to make eye contact at times due to our height difference, but it was great,” she added. Amge added that she was “so happy” to meet her fellow record holder. Gelgi, a web designer from Turkey, was confirmed as the tallest woman living in 2021. Her height is due to an extremely rare condition called Weaver syndrome. She was only the 27th person in the world to be diagnosed with the syndrome, according to GWR. Gelgi, 27, also holds the records for largest hands on a woman at 24.93 centimetres (9.81 inches); the longest back on a living person (female) at 59.90 centimetres (23.58 inches); and the longest ears on a person (female) at an average size of 9.58 centimetres (3.77 inches). Gelgi has also featured in a GWR documentary named “Rumeysa: Walking Tall,” which follows her on a journey across the US meeting fellow record holders. Amge, an actress and media personality born in India, has a bone growth disorder named achondroplasia that affects the arms and legs. The disorder occurs early in a foetus’ development in the womb and affects the cartilage tissue that should become a child’s arms and legs. Despite her small stature, she is a big presence on social media, and has also appeared on US television series “American Horror Story: Freak Show” in the role of Ma Petite. This means she is officially the shortest actress ever, GWR said. Amge has also appeared on Italian TV show “Lo Show Dei Record” on various occasions. GWR editor-in-chief Craig Glenday met with the pair in London and said that the records are about “celebrating differences.” “By bringing together these two amazing, iconic women, they can share their perspectives on life with each other and, also, with us,” said Glenday in the statement. Both Gelgi and Amge have been named GWR ICONS, a new category introduced for the book’s 2025 edition.Maharashtra Assembly Election Result: Will SP retain its stronghold in Mankhurd Shivaji Nagar?
By Kate Linthicum, Los Angeles Times (TNS) LOS ANGELES — Each day, an army of trucks delivers tens of thousands of pounds of fresh fruit and vegetables to Mexico City’s Central de Abasto, one of the world’s largest wholesale food markets. Most of the produce finds its way to people’s kitchens, and eventually their stomachs. But around 420 tons goes bad each day before it can be sold. It ends up, like so much food around the world, in a landfill. Globally, a staggering one third of all food that is produced is never eaten. That waste — more than 1 billion tons annually — fuels climate change. As organic matter decomposes, it releases methane , a greenhouse gas that is much more potent than carbon dioxide when it comes to warming the planet. The United Nation estimates that up to 10% of all human-produced greenhouse gases are generated by food loss and waste. That’s nearly five times the emissions from the aviation industry. For many years, scientists and policy makers have been largely focused on addressing other drivers of climate change, especially the burning of fossil fuels, which is by far the largest contributor to global emissions. But food waste has recently been drawing more international attention. The issue was on the agenda at this month’s United Nations climate summit in Azerbaijan, where for the first time, leaders signed a declaration calling for countries to set concrete targets to reduce methane emissions caused by organic waste. Only a handful of the 196 countries that have signed the Paris Agreement on climate change have incorporated food waste commitments into their national climate plans, according to the UK-based nonprofit Waste & Resources Action Program. Many more nations are like Mexico, which is just beginning to assess how it can reduce the 20 million tons of food wasted annually here. A recent report by the World Bank identified several waste hotspots in the country, including the Central de Abasato, which stretches across 800 acres on the south side of the capital. In the dense warren of stalls, the best-looking produce is displayed prominently: ripe bananas, glistening limes and orderly rows of broccoli and asparagus. In the back are fruits and veggies that no longer look perfect: mushy papayas, wilting spinach and bruised tomatoes. A few years ago, market organizers launched an initiative to collect the produce that looks too old to sell but is still perfectly usable. They donate it to food banks and soup kitchens. Organizers say they’ve reduced the amount of food that is thrown out by about a quarter since 2020 — and have provided meals to tens of thousands of hungry people. “It’s much better to donate,” said Fernando Bringas Torres, who has sold bananas at the market for more than four decades. “This food still has value.” Environmental activists say reducing food waste is one of the most attainable climate solutions, in part because its not politicized. Asking companies and consumers to cut back on the food they send to landfills is far less charged than urging a reduction in meat consumption, energy use or the number of gas-fueled cars on the road. “People on the left and the right both have a gut reaction to it because it is a waste of resources,” said Christian Reynolds, a researcher at the Center for Food Policy at City University in London. Reducing waste “is not a silver bullet” to stop global warming, Reynolds said. “But it’s up there with the things you’ve got to solve, and it’s a useful way to open doors around climate change.” Scientists say cutting back on waste is valuable because methane traps heat at a much higher rate than carbon dioxide. Methane emissions are to blame for about 30% of the recent rise in global temperatures. U.N. climate leaders say slashing them is a vital “emergency brake” that will help curb the extreme weather already seen across the world today. About 20% of methane emissions come from food loss and waste, an umbrella term that describes all food that is produced but not eaten. It includes crops destroyed by pests or extreme weather, produce or meat that spoils in transport because of faulty packaging and food that goes bad at market before it can be sold. It also includes all food purchased by individuals or served at restaurants that ends up in the trash. The data on food waste are stunning: Experts say some food waste in inevitable. Humans need food to survive and it degrades quickly. Modern food systems are built around the transport of products across long distances, increasing the likelihood that some things will spoil. But they say there are relatively pain-free ways to reduce waste at all stages — from producer to consumer. The simplest thing is to reduce the amount of extra food being produced in the first place. But other solutions include fixing inefficient machinery that makes it hard to harvest all of a crop, bettering poor roads that prevent food from making it from farm to table and improving packaging, so food stays good for longer. At the end of the chain, restaurant workers can be better trained to prepare food in a way that avoids waste. Retailers can be encouraged to avoid over-buying and to stop the practice of stocking only perfect-looking produce and discarding the rest. And consumers can be encouraged to eat all of what they buy and lower the temperatures on their refrigerators to delay food from going bad. There has also been a major push to get retailers to change how they label foods, given that many consumers throw out products if they are past their sell-by date. “We should be making sure that our food safety policies are not getting in the way of our climate goals,” Reynolds said. California Gov. Gavin Newsom recently signed a bill, AB 660, that would bar food-sellers from using the term “sell by” on packages, requiring them to switch to “use by” or “best if used by.” Advocates say it would dissuade Californians from throwing away food that is still good. Other efforts are focused on recovery and redistribution — getting food that is about to spoil into the hands of hungry people. Each year 783 million people around the world go hungry, with a third of the global population facing food insecurity. World leaders “are starting to make the connection between the the climate impact and social impact,” said Ana Catalina Suárez Peña, an advocate with the Global FoodBanking Network, which works with food banks in more than 50 countries. Her organization recently developed a calculator for food banks and businesses that allows them to measure the volume of methane avoided by curbing food waste. The group found that six community-led food banks in Mexico and Ecuador prevented a total of 816 metric tons of methane over a year by redistributing food that would otherwise have gone to landfill. That is the equivalent of keeping 5,436 cars off the road for a year. Tools to measure food waste — and the savings generated from avoiding it — are an important part of tackling the problem, said Oliver Camp, a food systems adviser at the COP summit. Though he was heartened by the summit declaration calling on countries to set targets for avoiding food waste in their climate plans, he said there was still much progress to be made. Countries need to implement a “comprehensive, costed national strategy based on data as to where food loss and waste is occurring, and evidence-based interventions to avoid it,” he said. The World Bank analysis of Mexico found that most of the country’s emissions come from the energy and transportation sectors, but that the food wasted here is the fifth biggest contributor. “There is an overproduction by farmers,” said Adriana Martínez, 48, who runs a stall at the Central de Abastos that she inherited from her late father. She said customers “only want food that looks perfect.” Each week, about 30% of her product begins to go bad. In the past, she would have sent it to the overflowing dumpsters that sit behind the market. But now she calls up a market organizer who connects her with a local food bank. Martínez said her father, who grew up poor, would be happy knowing that food from the stand is helping other people instead of decomposing in a dump. “He knew hunger,” she said. “And he hated waste.” ©2024 Los Angeles Times. Visit at latimes.com. Distributed by Tribune Content Agency, LLC.
Shares of Sagility India soared by 5% to hit the upper circuit of Rs 48.91 on the BSE after the global brokerage firm JPMorgan initiated coverage on the stock with an "Overweight" rating and a target price of Rs 54. The target price indicates a potential for 16% upside in the stock from its closing price on Monday. The brokerage highlighted Sagility's strong positioning in the niche healthcare services segment, catering largely to non-discretionary spending, which provides a stable growth outlook even in uncertain market conditions. JPMorgan emphasized that Sagility is well-placed to benefit from secular tailwinds, particularly due to the increasing trend of outsourcing in the US healthcare sector. As healthcare providers look to reduce costs and enhance efficiency, Sagility’s offerings have become critical, cementing its role as a dependable outsourcing partner. “The company’s deep domain expertise and longstanding client relationships further strengthen its competitive edge, enabling it to tap into high-margin areas such as data mining and analytics,” said the foreign brokerage firm in its note. Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Algo Trading Made Easy By - Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading A2Z of Stock Trading - Online Stock Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Trading Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Commodity Markets Made Easy: Commodity Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Ichimoku Trading Unlocked: Expert Analysis and Strategy By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Candlesticks Made Easy: Candlestick Pattern Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program The brokerage also highlighted Sagility’s financial strength, underscoring its high structural EBIT margins , which ensure profitability even as the company scales operations. Moreover, its focus on non-discretionary healthcare spending protects it from cyclical market fluctuations, offering stability in revenue and earnings. JPMorgan’s report projects a robust 50% compound annual growth rate (CAGR) in earnings over FY24-27, reinforcing its positive outlook for the stock. Also read: PG Electroplast shares rally 5% on partnership with Whirlpool to manufacture washing machines Earlier in the last week, another global brokerage firm Jefferies initiated coverage on the stock with a ‘buy’ rating and a target price of Rs 52, highlighting Sagility’s strong positioning to deliver consistent double-digit revenue growth in the coming years. In the last one month, the shares of Sagility have gained 74.5% and 15.7% in the last 2 weeks. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ET Year-end Special Reads Year in Review: Startup funding freeze saw signs of thaw in 2024 2024: The year Justin Trudeau closed Canada's doors and began turning away foreigners (You can now subscribe to our ETMarkets WhatsApp channel )
Plum High School student Eli Pollak has a financial strategy. “The earlier you start, like at our age, investing, the more money you will make,” said Pollak, who attended the Junior Achievement of Western Pennsylvania Stock Market Challenge presented by Citizens on Thursday, Dec. 12 at Stage AE on Pittsburgh’s North Shore. It was an event held to empower students with real-world financial literacy skills. Stage AE was set up like a stock market with a board showing the stock prices similar to the New York Stock Exchange, the biggest stock market on earth, where matches are made between buyers and sellers trading shares of public companies. In this live trading simulation, students formed teams to compete in maximizing their investments, strategizing in response to the ups and downs of a simulated market. There was buying, selling, trading and some tense moments. A bell was rung just like is done to open the daily stock market on Wall Street. Hundreds of thousands of dollars were on the line. Fortunately, this wasn’t real money. The morning included an interactive competition, bringing the trading floor to life. This was the first time for such an event in Pittsburgh. “This is what Junior Achievement does across the country,” said Patrice Matamoros, president of the Junior Achievement of Western Pennsylvania. “We help with real-life skills. What we do here is an extension of what they are learning in the classroom.” That includes managing money through stocks, which was the lesson of the day. There were 108 teams and 385 students from Allegheny, Beaver, Cambria, Indiana, Somerset and Westmoreland counties and Brooke and Hancock counties in West Virginia. Each team began with $500,000. They came prepared with a portfolio of fake company stocks. They were presented with various scenarios. Their portfolio might include companies such as Donut House, a global donut and coffee chain, and Nichols Sporting Goods, an American manufacturer of sports equipment. Al DiFranco, president and CEO at Junior Achievement of Greater Cleveland, would announce information such as the price of coffee beans on the rise. If the students owned Donut House stock, they might want to make a decision what to do with the stock. And they didn’t have a lot of time because, for this competition, one minute was equal to one day. “This JA Stock Market Challenge is about the stock market, but also about financial literacy and wellness and investing wisely,” DiFranco said. “When you work on Wall Street, you have to constantly be paying attention because the stock market can change in a minute.” Gretchen Weber, a marketing, business, accounting, law and finance teacher at Plum, said it was a great opportunity for students to learn about stocks and how to handle money. She brought five teams and 16 students. Sophomore Caydence Morgan said there was so much happening all at once. “This is so important to learn about investing in our future,” Morgan said. Classmate Sophia Tedesco said the morning was pretty stressful and everything was happening so quickly. Learning good money management is important, Tedesco said. Morgan and Plum junior Gianna Sciulli won an award for sharing their experience on social media. Winners of the stock market challenge were Peters Township High School students Laci and Lexi Vance, both first-year students, and their older brother Wyatt Vance, a junior. The prizes were $500 for the first-place team, $300 for the second, and $25 gift cards for each player on the third-place team. Peters Township finished with $662,000 total. Wyatt has been studying the stock market since he was 9 years old. He has read a lot of books about stocks and said, in real life, in the blink of an eye you can go from the top to the floor so you have to always be aware of what is going on in the world. Pollak agreed. “The stock market really gets your adrenaline pumping,” Pollak said. “You have to pay attention to what’s happening around you every second.”
AP Business SummaryBrief at 6:23 p.m. ESTThe Fayette County Board of Education will hold the first reading of a new substance abuse policy during its Tuesday, Dec. 17 regular session at the office in Fayetteville. The policy will cover the school system’s CDL (bus) drivers, according to Superintendent Gary Hough. “The Federal Motor Carrier organization (Federal Motor Carrier Safety Administration) required us to put that wording, specific regulations that they wanted in there,” Hough said Monday afternoon. “(The FMCSA) provided the template to all the transportation directors across the state,” Anna Kincaid-Cline, the associate superintendent of curriculum, technology and instruction, added. “Our transportation director meets with all our bus drivers and they go over that entire policy with them. The county’s transportation director is Matt Harper. The superintendent will recommend the BOE approve the resolution’s first reading. Also to be considered, and recommended for approval by Hough, will be a resolution from the board to urge the state to stabilize the Public Employees Insurance Agency (PEIA), which provides insurance coverage for state, county and local public employees. Those covered by PEIA will face significant increases in premiums and costs beginning with the next fiscal year in July. “Making two adjustments to their initial plan, the finance board for the West Virginia Public Employees Insurance Agency on (Dec. 5) signed off on roughly $113 million in premium and cost increases for employees during the 2026 fiscal year,” Lori Kersey wrote in West Virginia Watch. “Premiums for state employees will increase by 14% while local government employees will see a 16% increase. The agency will also raise premiums by 12% for retirees. ... “Both state and county employees using PEIA will see an increase of 40% in their out-of-pocket maximum as well as increases in co-pays,” Kersey wrote. “A monthly spousal surcharge for state employees will more than double, from $147 to $350. The state and local fund employer administration fee will increase by $2.50.” In other action at the 6 p.m. Tuesday meeting, the BOE will consider an out-of-state trip for Divide Elementary School’s fifth grade students to the Columbus Zoo on May 23, 2025. Travel will be by charter bus and funding will be from the Divide Elementary PTO and fundraising activities. The board also will take action on past meeting minutes, financial and personnel matters, will hear a report from the superintendent and present points of personal privilege: climate and culture — Pat Gray, president; extracurricular and Southern Education Services Cooperative — Gary Ray, vice president; achievement and Fayette County Parks & Recreation Advisory Board — Joshua Crist; operations/safety and WVU Extension Service (4-H) — Joseph Groom; and social emotional wellness and Family Resource Network (FRN) — Cindy Whitlock. The superintendent also recommends the approval of a student disposition in an executive session for a student discipline hearing. Future meetings are scheduled as follows: regular meeting — Tuesday, Jan. 7, 6 p.m., BOE office; LSIC meeting for Ansted Elementary, Divide Elementary and Midland Trail High — Tuesday, Jan. 14, 6 p.m., Midland Trail High School, Hico; and regular meeting — Tuesday, Jan. 21, 6 p.m., BOE office.
What just happened? The 8K Association (8KA), a non-profit organization tasked with advancing the adoption and standardization of 8K technology, has handed out its first 8K projector certification. The recipient, Samsung's flagship 8K projector, was unveiled at CES 2024 back in January yet still is not available to purchase. The Premiere 8K was billed as the industry's first wireless projector. It utilizes ultra-short throw (UTS) technology combined with advanced aspherical mirrors to beam images from a short distance, effectively eliminating the need for ceiling mounts and other impractical installation hurdles. The projector, which is expected to retail in the five-figure range, features a resolution of 7,680 x 4,320 pixels and up to 4,500 ISO Lumens of brightness. Samsung claims the unit is capable of producing vibrant, lifelike visuals, even in well-lit spaces. Advanced upscaling tech, meanwhile, can enhance the appearance of lower-resolution content while immersive audio capabilities are said to support the latest formats. The 8KA certification considers a range of attributes including resolution, brightness, contrast, and color gamut, as well as high dynamic range performance, upscaling, and audio. The Premiere 8K passed the test with flying colors, and is now the first to receive the coveted certification. According to What Hi-Fi, the consortium is working on a logo program that will allow consumers to easily identify certified projectors when shopping. 8K has been around for longer than most realize. Japanese broadcasting company NHK started researching on the tech way back in 1995, but it wouldn't be until 2012 that Sharp announced the first 8K TV at CES. That was nearly 13 years ago, and 8K content is still incredibly rare. Heck, 4K content arguably has not even gone mainstream yet, especially with regard to live broadcasts like sporing events. Sure, it exists, but such content is not the norm. With CES 2025 just a few weeks away, perhaps we may finally get pricing information and a release date? CES 2025 kicks off on January 7 and runs through the 10th in Las Vegas., former speaker of the United States House of Representatives, who was hospitalized this Friday due to an injury, revealed her for 2024, which she has accumulated throughout her political career. Nancy Pelosi is a prominent American political figure with a . In her most recent financial disclosure, Pelosi and her husband, Paul Pelosi, estimated their personal wealth to be in a range from 43 million to 202 million dollars, depending on factors such as the value of their properties, stock investments, and other private assets. Pelosi is known for being the first and only woman in U.S. history to have served as . She first held the position from 2007 to 2011 and then returned to it in 2019, holding the role until 2023. The is 174,000 dollars. However, as Speaker of the House, Nancy Pelosi saw an increase in her salary, which rose to 223,500 dollars. Additionally, all senators receive an allowance to cover living and travel expenses in Washington, D.C. They also have access to full life insurance and pension benefits. Nancy Patricia D’Alesandro , Maryland, as the only daughter and youngest of seven siblings. Her parents, both of Italian descent, were deeply involved in politics. At the time of her birth, her father was a Democratic congressman from Maryland and later became the mayor of Baltimore. Her brother, Thomas D’Alesandro III, also served as mayor of the city from 1967 to 1971. Furthermore, her mother was actively engaged with the , organizing women’s groups in support of the cause. This politically charged family environment inspired Pelosi to get involved in politics at an early age, helping her father with his campaigns. Nancy completed her studies at the Catholic Institute of Notre Dame in 1958 and later obtained her Bachelor’s degree in Political Science from Trinity College in 1962. It was during her time at Trinity College that she met Paul Pelosi, who was studying at Georgetown University at the time, and they began dating. According to her spokesperson Ian Krager, former Speaker Nancy Pelosi was hospitalized after suffering an injury in , where she was scheduled to participate in events marking the 80th anniversary of the . Pelosi was attending an official meeting with a Congressional delegation that traveled to Luxembourg when she for medical evaluation, as explained by Ian Krager, who did not provide further details about the nature of the injury. The Democrat is currently 84 years old. Pelosi began her political career in the 1960s as an intern for Democratic Senator Daniel Brewster from Maryland. She later moved to San Francisco, California, where she formed a close relationship with Congressman Phillip Burton, representative of District 5. In 1976, she was elected to the , a position she held until 1996. Throughout the 1970s and 1980s, she also held several key positions within the Democratic Party, such as chair of the Democratic Senatorial Campaign Committee’s finance committee. After Phillip Burton’s death in 1983, his wife, Sala Burton, took over the position and, upon deciding not to seek reelection, appointed Pelosi as her successor. This decision ensured that Burton’s supporters would back Nancy. Following Sala’s sudden death in 1987, shortly after beginning her second term, and assumed the Congressional seat for District 5 in June of that year. Throughout her career, she represented several districts: District 5 from 1987 to 1993, District 8 from 1993 to 2013, District 12 from 2013 to 2023, and finally, District 11 since 2023. Pelosi has held other significant roles, including Minority Leader of the from 2002 to 2003, and leader of the Democratic caucus in the House of Representatives since 2003. She also served as Speaker of the House for two non-consecutive terms: from 2007 to 2011 and from 2019 to 2023, becoming the first person since Sam Rayburn in 1955 to achieve this distinction. To regain the Speaker’s position, she had to accept an agreement limiting her term to four years. One of the most notable moments of her second term as Speaker was the announcement of impeachment hearings against President on September 24, 2019. Cancela en cualquier momento Acceso exclusivo a rankings y radiografías. Análisis profundos y casos de estudio de éxito. 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Australia needs reliable, affordable sources of low-emission electricity generation to power our economy and people through the 21st century and beyond. All three factors — reliability, affordability and sustainability — are essential. In 2024, no serious person doubts the existential need for the world to pivot away from fossil fuels towards more environmentally-friendly sources of electricity generation. That debate has been done. The climate wars are over, at least in the mainstream. Yet discussion of energy policy in Australia is still beholden to ideology. And there’s one word in this space which sets elements of the Left on edge more than any other. Nuclear. Mere mention of the word sends Labor members into hysterics. Since Peter Dutton announced the Coalition’s policy to transition seven existing coal-fired power stations around the country to nuclear power plants, they’ve lined up to pour scorn. Jake Dietsch “Fantasy”, a “scam”, “economic madness” or the “dumbest policy ever put forward by a major party” are among the invective. The Greens are even more hyperbolic. Leader Adam Bandt invoked Chernobyl and Fukushima as he declared nuclear a “threat to people’s safety” on X. On Friday, the Coalition released costings which they say show going nuclear would cost $260 billion less than Labor’s renewable-heavy energy road map. Anthony Albanese said that was a “fiction”, and that Australians would be lumped with far higher electricity bills under Mr Dutton’s “nuclear nightmare”. He and Energy Minister Chris Bowen are now framing their opposition to nuclear as chiefly economic. Mr Bowen said the assumptions underwriting the modelling contained “fatal errors” which ignored reality. The truth is Labor’s hardline anti-nuclear stance is based on ideology and feeling, not facts. Once upon a time, that fear of nuclear was justified. Now, technology has come a long way, but Labor’s attitudes remain rooted in the Seventies. The Coalition too is guilty of energy fanaticism, having fostered climate scepticism throughout much of the previous two decades. Jessica Page But while our politicians are energy zealots, Australians are largely agnostic about how they get their power — provided it fulfils those three essential factors. A Resolve poll conducted in June found 62 per cent of respondents were supportive of or open to nuclear power as part of Australia’s energy mix. That shows that the debate is there for the taking for whichever side can mount the most convincing argument. Labor’s case hasn’t been helped by early summer blackouts in NSW, which have made people mindful of the need for “always-on” sources of electricity generation, not dependent on the weather. Whether voters will accept the Coalition’s offering, which depends on economic modelling decades into the future — always sketchy at best — is unclear. But whichever way Australians land, they’ll expect decisions to be made on facts, not feelings.McDermott, AFC East-leading Bills refreshed coming out of bye week, and looking ahead to host 49ersUp until the market opened on Friday, Dec. 13, America was home to seven technology companies worth $1 trillion or more: However, an eighth company just joined the ranks. Broadcom ( AVGO 11.21% ) stock surged 24% last Friday following the release of its financial results for fiscal 2024 (ended Nov. 3), catapulting the company into the exclusive $1 trillion club. Investors were impressed with Broadcom's soaring artificial intelligence (AI) revenue, which comes from selling custom chips and networking equipment for data centers. Plus, the company issued a very bullish forecast for its future AI revenue, which points to substantial potential growth ahead. However, before you rush to buy Broadcom stock, you'll have to get comfortable with its lofty valuation. Here's what you need to know. Broadcom is becoming a serious player in AI hardware Broadcom was solely a supplier of semiconductors and electronics components for a variety of computing applications up until 2016, when it merged with fellow chip giant Avago Technologies. From there, the new-look Broadcom went on to spend around $100 billion acquiring other companies like semiconductor equipment supplier CA Technologies, cybersecurity vendor Symantec, and cloud software titan VMware. Those companies helped Broadcom diversify its business, and they are now important contributors to the company's overall revenue. In other words, they paved the way for it to become the $1 trillion giant it is today. But thanks to the spending boom on AI infrastructure from some of the world's leading tech giants, investors are currently laser-focused on Broadcom's semiconductor and networking businesses. The company makes custom AI accelerators (a type of data center chip) for three hyperscale customers, and while their identities are not disclosed, hyperscalers typically include Microsoft, Amazon, Alphabet, and Oracle . During Broadcom's fiscal 2024 fourth quarter, it said shipments of AI accelerators doubled compared to the year-ago period. Here's why that's important. Nvidia's graphics processing units ( GPU s) for the data center are currently the most sought after chips in the AI industry. While each of the above hyperscalers are Nvidia customers, Broadcom gives them the ability to design their own chips, which means they can tailor their infrastructure to their own specific needs -- not to mention significantly reduce costs (Nvidia's hardware is very expensive). Additionally, the company said its AI connectivity revenue soared fourfold thanks to sales of its Tomahawk and Jericho data center switches. Those devices regulate how quickly data travels between chips and devices, and since AI developers often use tens of thousands of chips to train their models, faster processing can lead to substantial cost savings. AI revenue surged during fiscal 2024 Broadcom generated a record $51.5 billion in total revenue during the whole of fiscal 2024, which was a 44% increase from fiscal 2023. However, the majority of that growth was attributable to the inclusion of VMware's revenue for the first time, rather than organic growth (Broadcom acquired the company in 2023). Nevertheless, Broadcom managed to impress investors with its AI revenue, which surged by a whopping 220% to $12.2 billion in fiscal 2024. Most of that came from sales of the AI accelerators and networking equipment discussed earlier, and the company expects to carry its strong momentum into fiscal 2025. Broadcom's overall revenue growth came with a substantial increase in costs, which were partly attributable to the company's acquisitions (namely of VMware). Research and development spending, for example, increased by 78% year over year to $9.3 billion, which was the largest of the company's $19 billion in total operating expenses in fiscal 2024. As a result, Broadcom's fiscal 2024 net income (profit) of $5.9 billion actually represented a decrease of 58% from fiscal 2023. That significantly impacts the valuation of Broadcom stock for any investor valuing it based on its GAAP earnings, which I'll discuss further in a moment. On a non-GAAP basis, which excludes one-off expenses from acquisitions and non-cash costs like stock-based compensation , Broadcom's net income came in at $23.7 billion, which was actually a 28% increase from fiscal 2023. That gives investors a clearer idea of the trajectory of Broadcom's business. Broadcom stock looks expensive right now Broadcom generated GAAP earnings per share (EPS) of $1.23 during fiscal 2024, so its stock trades at a price-to-earnings (P/E) ratio of 183. That's an eye-popping number considering the Nasdaq-100 technology index trades at a P/E ratio of just 35. Based on its non-GAAP EPS of $4.96, its P/E ratio is 45. While significantly better, it's still a big number relative to the broader tech sector. Plus, many investors don't consider non-GAAP EPS to be "true" profitability, so it isn't a good idea to hang your hat on that number to make the argument that Broadcom stock looks attractive. Rather than using the traditional P/E ratio, we could value Broadcom using the price-to-sales (P/S) ratio instead, which divides a company's market capitalization by its annual revenue. Broadcom's P/S ratio is currently 20.7, which is almost triple its 10-year average of 7.4: AVGO PS Ratio data by YCharts In other words, Broadcom stock looks very expensive based on two measures of its P/E ratio, and also its P/S ratio. Therefore, buying the stock right now probably isn't a great idea for short-term investors with a time horizon of 12 months. However, there might be a compelling case to buy it for long-term investors who are willing to hold the stock for the next three years or more. That's because Broadcom thinks it can grow its AI revenue to between $60 billion and $90 billion annually by fiscal 2027, thanks to soaring demand for accelerators and networking equipment. Remember, its AI revenue came in at just $12.2 billion in fiscal 2024, so we're talking about a whopping 514% increase over the next three years (at the midpoint of the range). I still think investors should wait for a pullback before buying Broadcom stock given its current valuation, but it's certainly a very high-quality way to play the AI boom.Dallas Cowboys All-Pro linebacker Micah Parsons missed practice Friday because of illness but is expected to play Sunday night against the visiting Tampa Bay Buccaneers, NFL Network reported. Parsons, who missed four games this season because of a high ankle sprain, showed up on Friday's injury report and is listed as questionable for the Cowboys (6-8) against the Buccaneers (8-6). Cowboys executive vice president Stephen Jones mentioned earlier in the week during his appearance on 105.3 The Fan that Parsons was having flu symptoms. Jones said he would be surprised if Parsons didn't play, however. Parsons, 25, has 32 tackles (eight for loss), 8.5 sacks and 19 quarterback hits in 10 games (all starts) this season. Dallas selected him 12th overall in the 2021 NFL Draft out of Penn State. Parsons has 245 tackles (59 for loss), 49 sacks, eight forced fumbles and four fumble recoveries in 60 regular-season games (all starts). He was a Pro Bowl selection in 2021 through 2023 and voted first-team All-Pro in his first two NFL seasons. As for the Buccaneers, the team downgraded tight end Cade Otton from doubtful to out for Sunday night's game because of a knee injury. Otton, 25, has started all 14 games for Tampa Bay and has 59 receptions on 87 targets for 600 yards and four touchdowns. The Bucs picked him in the fourth round of the 2022 NFL Draft out of Washington. He has 148 catches for 1,446 yards and 10 TDs in 47 regular-season games (42 starts). --Field Level Media
Program Announced at Rutgers Men's Basketball Game as Part of LG's Life's Good Night PISCATAWAY, N.J. , Dec. 16, 2024 /PRNewswire/ -- LG Electronics USA , a proud partner of Rutgers Athletics, announced the creation of two positions in its annual LG Summer Internship Program exclusively for Rutgers student-athletes. The announcement was made at a recent Rutgers men's basketball game, which also featured a series of Life's Good giveaways for fans, including LG TVs and LG XBOOM Audio products. As part of the company's commitment to fostering young talent, interns will have the chance to work alongside experienced professionals, gaining exposure to various areas of LG's organizations and making important contributions to real-world projects as part of the internship program. "LG is a very meaningful and impactful place to work," said Audrey Cha , a junior at Rutgers and former LG brand marketing summer intern who was on hand to help make the announcement. "I'm really passionate about the field of marketing, and my internship allowed me to experience a lot of real-world work in my field. I was also able to make a lot of connections that I've maintained even after my internship ended," she added. LG also added multiple Life's Good moments throughout the game for the fans. As part of the company's sponsorship, LG brought "Life's Good" to center court at Jersey Mike's Arena with a friendly head-to-head competition and product giveaways. Following the game, fans enjoyed a meet-and-greet with Rutgers guard and team captain, Jeremiah Williams . "LG recognizes the importance of investing in the next generation of leaders, and our internship program provides a unique opportunity for students to gain enriching experiences in a variety of fields in a dynamic corporate environment," said Louis Giagrande , LG USA head of marketing. "We are proud to partner with Rutgers Athletics to support their student-athletes both on and off the court." "LG's summer internship program continues to create exceptional opportunities for our student-athletes," said Carey Loch , Senior Associate Athletic Director for Student-Athlete Development and Success at Rutgers University . "The presence of LG at this game had a powerful impact, energizing fans, strengthening the LG-Rutgers partnership and showcasing LG's investment in our students' futures." In addition to highlighting the internship program, the halftime competition featured a head-to-head challenge where fans tested their basketball shooting skills for a chance to win LG prizes. During the post-game meet and greet with Williams, fans also had the opportunity to take pictures, get his autograph and win LG products including XBOOM XL7 and XBOOM XG2T portable audio speakers. To learn more about LG's commitment to student-athletes, visit https://www.lg.com/us/ncaa . About LG Electronics USA LG Electronics USA , Inc., based in Englewood Cliffs, N.J. , is the North American subsidiary of LG Electronics, Inc., a $68 billion global innovator in technology and manufacturing. In the United States , LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. The company's commitment to environmental sustainability and its "Life's Good" marketing theme encompass how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. www.LG.com . Media Contacts: LG Electronics USA Chris De Maria christopher.demaria@lge.com 908-548-4515 Kristi Hubert Kristi.Hubert@LG-One.com 630-995-5444 View original content to download multimedia: https://www.prnewswire.com/news-releases/lg-usa-announces-creation-of-2025-summer-internships-exclusively-for-rutgers-student-athletes-302332916.html SOURCE LG Electronics USAThe standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." 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