Fresno Flips the Page: Dolly Parton Library Nears $400K Goal for Kids’ Literacy
Cryotherapy Market Growth Analysis 2024-2034: Exploring a 9.3% CAGR ExpansionCHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America Corporation
On the heels of releasing a brand new M4 MacBook Pro , Apple might be looking into the potential of launching its own branded smart TV . If that rumor's accurate , it could very well shake up the foundation of the TV market. The rumor, which comes via Mark Gurman of Bloomberg fame, does note that an Apple smart TV is still very much in the conceptual stages, meaning it's an idea being floated around within the company's headquarters. The accuracy of the claims are unknowable, but it's certainly not the first time Apple's looked into making its own smart TVs. Both in the 2000s and in the early 2010s, an Apple-branded TV concept was heavily championed by none other than Steve Jobs himself. It would obviously fall by the wayside as the company's Apple TV 4K streaming device took the world by storm — and still remains one of the best streaming devices in the market. An Apple TV does kind of make sense for the brand if you really think about it. Apple's largely in the business of selling you screens upon screens in the form of iPhones, MacBooks, iPads, and iMacs. But I'm here to push back against any early hype, because all I see in the Apple smart TV concept is a disaster waiting in the wings. A lackluster interface ruled by Apple Intelligence Smart TVs these days have one major thing in common: AI chips with plenty of their own pros and cons across everything from upscaling to audio enhancements. I've already written several guides on which TV settings to change where necessary; plenty of them deal with these AI features. That's because most of these settings tend to mess with the picture quality and performance, often ruining the viewing experience. There's no doubt Apple would take an opportunity like designing of a new smart TV to promote Apple Intelligence with its own set of AI enhancements, which will probably amount to little more than is necessary. And while AI would be a hard pill to swallow for me in regard to an Apple smart TV, I think most dire of all for the proposed product would be tvOS serving as its main interface. While tvOS does have the benefit of being largely ad-free —minus of course Apple-branded adverts — it's not exactly the most streamlined of interfaces out there. Even in the Google TV vs Roku bout featuring two of the very best TV interfaces right now, there's still a lot to consider in terms of compatible apps and free content — which, if you were wondering, Google TV dominates with. As for Apple's tvOS, when it comes to free channels and content, you're left to your own devices, i.e. free apps like Tubi or Pluto TV . Then there's the question of gaming. Would Apple be able to meet the needs of gamers in a robust design that's not too expensive? Because for all my distaste in the interface, it could be a ripe as leading Apple's smart TV into becoming one of the best gaming TVs now that Apple is beginning to take the pastime more seriously. Over-inflated pricing in a budget OLED era The biggest issue I have with a potential Apple smart TV is the inevitably high asking price the company would slap on its new offering. Apple launched its Vision Pro headset earlier this year to an astronomical $3,499, locking out many would-be buyers and even those ever-so-slightly interested in the technology. There's no doubt it will favor a similarly high premium for a TV, whether OLED or not. But if Apple were to launch an OLED TV, it would prove even more devastating. The best OLED TVs come as some of the most sought-after displays in the market with, as you might guess, some of the highest prices primarily because they offer the best picture performance. Over the past few years, however, OLED TVs are starting to get cheaper ever so slightly. You can see it in the launch of cheaper models from lesser-known brands, like the $700 Sansui OLED TV that's got everyone abuzz. LG and Samsung also have two value-oriented OLED series in the LG B4 OLED and Samsung S85D. Inviting an Apple OLED TV into the market could drive the price up on these other OLED TVs given Apple's sheer dominance in the tech industry. It may even make other brands that have yet to enter the OLED space, like Amazon and Roku , think twice about trying. Both of those companies launched their first Mini-LED TVs this year. There's already more than enough competition in the OLED TV space as it is, with Panasonic returning after a lengthy hiatus to throw fuel into the fire with not one but two OLEDs. How an Apple-led design would be met to the masses is hard to say, but interest would be there, especially if it used the M4 MacBook Pro's nano-texture display . But who's to say? Maybe Apple sticks with its Apple TV 4K set-top box for a long while and skips the TV boat entirely. It all depends on how well its smart home control does, according to Gurman, and that too will have some hefty competition in the form of Amazon's new Echo Show 21 . More from Tom's Guide
He’s a fourth-generation rancher with one of the biggest spreads in one of the most beautiful parts of Montana. His ranch is so expansive, in fact, that he flies a helicopter when he needs to tend to his herd or put out a fire in a hurry. And he’s from a deeply entrenched and politically powerful family. But, no, he’s not John Dutton, the character who Kevin Costner played up until the start of its new season last month, on the hit “Yellowstone” TV show. He’s Bill Galt, and he’s well aware that art appears to be imitating his life. “Oh, I’ve heard that a lot,” Galt said of the comparisons. “But I think mostly that’s attributed to the fact that I’m a rancher that flies a helicopter and that those first few episodes of ‘Yellowstone’ had that helicopter in there. But that being said, they do use a lot of my sayings. I don’t know where the hell they get them.” People are also reading... Here's a list of Lincoln restaurants open on Christmas Eve, Christmas Day Lincoln native purchases Michael Jordan's iconic Chicago mansion for $9.5 million Nebraska Gov. Jim Pillen hospitalized at UNMC after falling from horse Nebraska volleyball libero Lexi Rodriguez signs to play with Omaha pro team Amie Just: Lexi Rodriguez deserved a national title. For her career to end like this? Gutting Man killed by brother in Lincoln apartment complex shooting, police say Nebraska volleyball laments being a 'couple plays' short of finishing off Penn State 3 Nebraska starters still with team to miss bowl game with mix of injuries, opt outs 'Multiple wins for me': Lincoln North Star rallies from double-digit deficit hours after coach's son is born Inside Matt Rhule's 'pretty insane gesture' of getting former Huskers to the Pinstripe Bowl Man killed in Friday night crash north of Lincoln Teenage brother charged as adult in Christmas Eve shooting death Nebraska Gov. Jim Pillen sustained fractured ribs, lacerated spleen in fall from horse Honor walk pays tribute to Lincoln man who made organ donation Transfer tracker: The latest on the Nebraska football roster One source might be “ The Cowboy Way: Seasons of a Montana Ranch, “ a nonfiction account of former Lee Montana editor — and current Arizona Daily Star editor — David McCumber’s year spent working on Galt’s ranch in the late 1990s. But Galt can’t be certain. And publicists from the Paramount Network, where “Yellowstone” airs, did not respond to questions about Galt’s role in inspiring John Dutton. “I’ve never talked to anybody from the ‘Yellowstone’ show or anybody that had anything to do with it,” Galt said. “One of the big reasons I wanted to work for Bill to do the research for ‘The Cowboy Way’ was that the ranch – both the ground and the family – represents a straight line through the history of Montana ranching,” McCumber said, “and I think that’s a lot of what ‘Yellowstone’ wanted to capture as well.” Like his fictional alter ego, Galt has made no secret of his desire to protect his big piece of Big Sky Country, even from the stray angler trying to fish on his property. And he has made his case, like Dutton, on television. In a 2016 episode of Anthony Bourdain’s show “Parts Unknown,” Galt and McCumber debated Montana’s 1985 stream-access law, which grants fishermen a right to use streams on private property, so long as they get where they are going within that stream’s high-water mark. Galt called that practice “thievery” back then. Nowadays, he begrudgingly accepts it. “Well, you know, stream access is a law, and we abide by it,” Galt said. “And I guess we’ll learn to live with it.” But there’s another form of encroachment on his land from sportsmen he’s less willing to look past: illegal hunting. “We have county roads running through each of the ranches,” Galt said. “So sometimes they just can’t resist themselves, and they shoot one off the county road.” And as Montana’s human population has grown, so has its elk population, especially on large tracts of private land like the Galt ranch. In hunting season, he said, his land has been “plagued” by such illegal shoots, even though he allows hunters onto his land through the state’s block-management program. For Galt, it all falls under a plainspoken philosophy, one you can almost hear coming out of Kevin Costner’s mouth: “I just think private land’s private land, and you should be able to do what’s legal on it. Put it that way.” While no one has yet proposed a subdivision or a golf course on the land around his 90,000-acre spread — a scenario from the hit television show — Galt doesn’t necessarily think there would be anything wrong with it if they decided to do so. “If they’re just selling to the highest bidder,” Galt said, “I think that’s the American way.” He said such development can sometimes be about preserving ranching, not pushing it out, by acting as a financial “parachute” for people looking to “keep their ranch running.” “I know a lot of ranches that have literally been saved by being able to carve off a piece of ground, whether it’s to sell to a neighbor or for development that actually saved their ranch from going broke,” Galt said. But Galt said “that’s just about impossible anymore. You know, they’re so heavily restricted.” In what’s been viewed as a landmark case as the state tries to balance demand for development with laws that protect land and water, Galt’s brother Errol Galt was on the losing end of a recent District Court order that stopped his plans to build 39 homes and two commercial properties on 442 acres of land on the east side of the Canyon Ferry Reservoir. Bill Galt said he has “never tried to do any of that kind of development on my ranch. So I understand my brother has issues with it, although, amazingly, we don’t talk much about it. When we’re talking, it’s about ranching stuff.” And there’s lots to talk about. Recent drought has shrunk the size of Montana’s cattle herd. That means ranchers have less livestock to sell, but it has also meant they can get a higher price from the feed lots that buy the yearlings they produce. And as Montana’s population has grown — partly due to the popularity of “Yellowstone” itself — so has the demand for land, hemming in some ranchers who rely on the state’s wide open spaces to give their cattle a place to roam. Like the character he seemingly inspired, Galt has been on his land long enough to feel the forces of change swirling all around his ranch as new neighbors move in and bring with them new ways of doing things. “I’m surrounded by what we call the non-resident ranchers,” Galt said. While “every one of them does run some cattle and tries to make them look like a ranch” and “most of them do a pretty good job,” Galt said the fact that his neighbors aren’t making a living off the land is a sign of a broader shift. It’s a shift that ranchers and brokers from across the state say they are seeing too, as wealthy buyers, often from out of state, purchase agricultural properties for prices that cattle production can’t possibly pay for. “All the ranching they do won’t pay the interest on that ranch that they bought for that $1,500-an-acre price,” Galt said. While his business is focused on raising black Angus cattle and quarterhorses, Galt has embraced the use of new technologies to do the traditional job of cowboying. “The basics of ranching I don’t think have changed much,” Galt said. “We still raise calves that we make into yearlings. But the mechanization is what has really changed. We used to go, when we were weaning, we would have a crew of maybe 16 riders down to now we do it with four just because of mechanization, because of the helicopter and four-wheelers and better hand machinery. We’ve become way more efficient as time goes on.” McCumber said his interest in Galt had to do with this approach that combines old-fashioned and modern approaches. “There was a mix of old and new in everything – fencing, feeding, gathering, range management, predator control, irrigating, haying, you name it,” McCumber said. “Things like big irrigation pivots, swathers and balers, artificial insemination, and the helicopter are modern ways. But lots of things don’t change. One of those is helping your neighbors. All of that seems to show up in ‘Yellowstone,’ and that authenticity is what makes the show as enduring as it has proved to be.” Though he acknowledged “Yellowstone” undoubtedly takes liberties with reality, Galt said he’s a devoted viewer of a show that deals with real issues that ranchers like him face, including everything from how to resist “the encroachment on ranches by the big money people” to how to handle estate taxes. “There’s parts of it that are absolutely correct,” Galt said of the show. “Yellowstone” has closed its run, with the seemingly Galt-inspired character killed off after Costner quit the show. Or was supposedly killed off. “I guess I’m not real sure he’s dead,” Galt said. “Just watching it, it seems to be there’s some doubt.”1 2 Hyderabad: MTAR Technologies on Friday said it bagged orders worth 226 crore from clean energy and aerospace players such as Bloom Energy, Rafael, IMI Systems, and IAI. The Hyderabad-based firm said that of the total orders, it received orders worth 191 crore for various products from Bloom Energy alone. It also said that of these, orders worth 225 crore are expected to be executed within one year, while the remaining will be fulfilled by April 2026. MTAR Technologies Managing Director & Promoter Parvat Srinivas Reddy said the company was optimistic about growth in the clean energy and aerospace verticals and expected further orders in both segments in the future.tnn
Finland shares higher at close of trade; OMX Helsinki 25 up 0.67%Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
AP Business SummaryBrief at 6:11 p.m. EST
The profile of the Most Valuable Player of the 2024 Zenith Bank Women’s Basketball League, Hembam Wandoo, continued to rise as she is set to lead Nigeria cadet team to the world stage after her historic performance for MFM Women Basketball team, helping them to win back-to-back league titles. It has been an interesting year for the 16-year-old leading both the MFM team and the U-16 J’Tigress to great height and is ready to take her stock further at the 2025 FIBA U-18 Women’s World Cup in Czech Republic. In recognition of Wandoo’s contributions to the success of the team, MFM catalogued the various individual and team honours the national U-18 J’Tigress’ star attained in recent time. The Benue State-born Wandoo played pivotal roles in MFM’s championship winning performances in 2023 and 2024, winning the Most Valuable Player award in the later. At National Sports Festivals, she picked up silver while representing Benue State in 2020 and gold with Delta State in 2022. Gushing about the exploits of the talented ball handler, MFMWBBC’s Chairman, Godwin Enakhena, chose glowing words to describe Wandoo. “One of the most dedicated players in the team. We’ve a team made up of very committed players, and she’s one of them,” Enakhena said. “A team player. The world is at her feet.”He’s a fourth-generation rancher with one of the biggest spreads in one of the most beautiful parts of Montana. His ranch is so expansive, in fact, that he flies a helicopter when he needs to tend to his herd or put out a fire in a hurry. And he’s from a deeply entrenched and politically powerful family. But, no, he’s not John Dutton, the character who Kevin Costner played up until the start of its new season last month, on the hit “Yellowstone” TV show. He’s Bill Galt, and he’s well aware that art appears to be imitating his life. “Oh, I’ve heard that a lot,” Galt said of the comparisons. “But I think mostly that’s attributed to the fact that I’m a rancher that flies a helicopter and that those first few episodes of ‘Yellowstone’ had that helicopter in there. But that being said, they do use a lot of my sayings. I don’t know where the hell they get them.” People are also reading... Here's a list of Lincoln restaurants open on Christmas Eve, Christmas Day Lincoln native purchases Michael Jordan's iconic Chicago mansion for $9.5 million Nebraska Gov. Jim Pillen hospitalized at UNMC after falling from horse Nebraska volleyball libero Lexi Rodriguez signs to play with Omaha pro team Amie Just: Lexi Rodriguez deserved a national title. For her career to end like this? Gutting Man killed by brother in Lincoln apartment complex shooting, police say Nebraska volleyball laments being a 'couple plays' short of finishing off Penn State 3 Nebraska starters still with team to miss bowl game with mix of injuries, opt outs 'Multiple wins for me': Lincoln North Star rallies from double-digit deficit hours after coach's son is born Inside Matt Rhule's 'pretty insane gesture' of getting former Huskers to the Pinstripe Bowl Man killed in Friday night crash north of Lincoln Teenage brother charged as adult in Christmas Eve shooting death Nebraska Gov. Jim Pillen sustained fractured ribs, lacerated spleen in fall from horse Honor walk pays tribute to Lincoln man who made organ donation Transfer tracker: The latest on the Nebraska football roster One source might be “ The Cowboy Way: Seasons of a Montana Ranch, “ a nonfiction account of former Lee Montana editor — and current Arizona Daily Star editor — David McCumber’s year spent working on Galt’s ranch in the late 1990s. But Galt can’t be certain. And publicists from the Paramount Network, where “Yellowstone” airs, did not respond to questions about Galt’s role in inspiring John Dutton. “I’ve never talked to anybody from the ‘Yellowstone’ show or anybody that had anything to do with it,” Galt said. “One of the big reasons I wanted to work for Bill to do the research for ‘The Cowboy Way’ was that the ranch – both the ground and the family – represents a straight line through the history of Montana ranching,” McCumber said, “and I think that’s a lot of what ‘Yellowstone’ wanted to capture as well.” Like his fictional alter ego, Galt has made no secret of his desire to protect his big piece of Big Sky Country, even from the stray angler trying to fish on his property. And he has made his case, like Dutton, on television. In a 2016 episode of Anthony Bourdain’s show “Parts Unknown,” Galt and McCumber debated Montana’s 1985 stream-access law, which grants fishermen a right to use streams on private property, so long as they get where they are going within that stream’s high-water mark. Galt called that practice “thievery” back then. Nowadays, he begrudgingly accepts it. “Well, you know, stream access is a law, and we abide by it,” Galt said. “And I guess we’ll learn to live with it.” But there’s another form of encroachment on his land from sportsmen he’s less willing to look past: illegal hunting. “We have county roads running through each of the ranches,” Galt said. “So sometimes they just can’t resist themselves, and they shoot one off the county road.” And as Montana’s human population has grown, so has its elk population, especially on large tracts of private land like the Galt ranch. In hunting season, he said, his land has been “plagued” by such illegal shoots, even though he allows hunters onto his land through the state’s block-management program. For Galt, it all falls under a plainspoken philosophy, one you can almost hear coming out of Kevin Costner’s mouth: “I just think private land’s private land, and you should be able to do what’s legal on it. Put it that way.” While no one has yet proposed a subdivision or a golf course on the land around his 90,000-acre spread — a scenario from the hit television show — Galt doesn’t necessarily think there would be anything wrong with it if they decided to do so. “If they’re just selling to the highest bidder,” Galt said, “I think that’s the American way.” He said such development can sometimes be about preserving ranching, not pushing it out, by acting as a financial “parachute” for people looking to “keep their ranch running.” “I know a lot of ranches that have literally been saved by being able to carve off a piece of ground, whether it’s to sell to a neighbor or for development that actually saved their ranch from going broke,” Galt said. But Galt said “that’s just about impossible anymore. You know, they’re so heavily restricted.” In what’s been viewed as a landmark case as the state tries to balance demand for development with laws that protect land and water, Galt’s brother Errol Galt was on the losing end of a recent District Court order that stopped his plans to build 39 homes and two commercial properties on 442 acres of land on the east side of the Canyon Ferry Reservoir. Bill Galt said he has “never tried to do any of that kind of development on my ranch. So I understand my brother has issues with it, although, amazingly, we don’t talk much about it. When we’re talking, it’s about ranching stuff.” And there’s lots to talk about. Recent drought has shrunk the size of Montana’s cattle herd. That means ranchers have less livestock to sell, but it has also meant they can get a higher price from the feed lots that buy the yearlings they produce. And as Montana’s population has grown — partly due to the popularity of “Yellowstone” itself — so has the demand for land, hemming in some ranchers who rely on the state’s wide open spaces to give their cattle a place to roam. Like the character he seemingly inspired, Galt has been on his land long enough to feel the forces of change swirling all around his ranch as new neighbors move in and bring with them new ways of doing things. “I’m surrounded by what we call the non-resident ranchers,” Galt said. While “every one of them does run some cattle and tries to make them look like a ranch” and “most of them do a pretty good job,” Galt said the fact that his neighbors aren’t making a living off the land is a sign of a broader shift. It’s a shift that ranchers and brokers from across the state say they are seeing too, as wealthy buyers, often from out of state, purchase agricultural properties for prices that cattle production can’t possibly pay for. “All the ranching they do won’t pay the interest on that ranch that they bought for that $1,500-an-acre price,” Galt said. While his business is focused on raising black Angus cattle and quarterhorses, Galt has embraced the use of new technologies to do the traditional job of cowboying. “The basics of ranching I don’t think have changed much,” Galt said. “We still raise calves that we make into yearlings. But the mechanization is what has really changed. We used to go, when we were weaning, we would have a crew of maybe 16 riders down to now we do it with four just because of mechanization, because of the helicopter and four-wheelers and better hand machinery. We’ve become way more efficient as time goes on.” McCumber said his interest in Galt had to do with this approach that combines old-fashioned and modern approaches. “There was a mix of old and new in everything – fencing, feeding, gathering, range management, predator control, irrigating, haying, you name it,” McCumber said. “Things like big irrigation pivots, swathers and balers, artificial insemination, and the helicopter are modern ways. But lots of things don’t change. One of those is helping your neighbors. All of that seems to show up in ‘Yellowstone,’ and that authenticity is what makes the show as enduring as it has proved to be.” Though he acknowledged “Yellowstone” undoubtedly takes liberties with reality, Galt said he’s a devoted viewer of a show that deals with real issues that ranchers like him face, including everything from how to resist “the encroachment on ranches by the big money people” to how to handle estate taxes. “There’s parts of it that are absolutely correct,” Galt said of the show. “Yellowstone” has closed its run, with the seemingly Galt-inspired character killed off after Costner quit the show. Or was supposedly killed off. “I guess I’m not real sure he’s dead,” Galt said. “Just watching it, it seems to be there’s some doubt.”Atlantic Council Names Five Facts World Has Learned About Ukraine Since Russia's Invasion