Government presents Meta RD 2036, a comprehensive development plan for the country
Williams-Sonoma ( NYSE:WSM – Free Report ) had its price objective increased by Royal Bank of Canada from $162.00 to $189.00 in a research report report published on Thursday, Benzinga reports. The brokerage currently has an outperform rating on the specialty retailer’s stock. Other equities analysts have also issued reports about the company. Wells Fargo & Company lowered their target price on Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Monday, August 19th. Barclays raised their price objective on shares of Williams-Sonoma from $116.00 to $123.00 and gave the company an “underweight” rating in a research note on Thursday. Robert W. Baird decreased their target price on shares of Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, August 23rd. JPMorgan Chase & Co. upped their target price on shares of Williams-Sonoma from $136.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, November 19th. Finally, Loop Capital lifted their price target on Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $154.41. Check Out Our Latest Stock Report on Williams-Sonoma Williams-Sonoma Trading Down 0.3 % Williams-Sonoma ( NYSE:WSM – Get Free Report ) last issued its earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.81 billion. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. The firm’s revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.56 EPS. On average, research analysts forecast that Williams-Sonoma will post 8.13 EPS for the current fiscal year. Williams-Sonoma Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, October 18th were given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, October 18th. Williams-Sonoma’s dividend payout ratio is 26.97%. Insider Buying and Selling at Williams-Sonoma In other news, CEO Laura Alber sold 40,000 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the transaction, the chief executive officer now owns 1,030,956 shares of the company’s stock, valued at $149,766,978.12. This represents a 3.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . Also, EVP Karalyn Smith sold 11,100 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the transaction, the executive vice president now owns 15,150 shares of the company’s stock, valued at $2,040,099. The trade was a 42.29 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 91,100 shares of company stock worth $12,525,126 over the last three months. 1.50% of the stock is currently owned by insiders. Institutional Trading of Williams-Sonoma Several hedge funds and other institutional investors have recently modified their holdings of WSM. Motley Fool Asset Management LLC grew its stake in Williams-Sonoma by 4.4% in the 1st quarter. Motley Fool Asset Management LLC now owns 1,225 shares of the specialty retailer’s stock valued at $389,000 after buying an additional 52 shares in the last quarter. Quent Capital LLC boosted its holdings in shares of Williams-Sonoma by 19.7% in the first quarter. Quent Capital LLC now owns 358 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 59 shares during the period. EntryPoint Capital LLC grew its position in shares of Williams-Sonoma by 520.0% in the first quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 78 shares in the last quarter. Smithfield Trust Co raised its stake in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 80 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in Williams-Sonoma by 2.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 3,226 shares of the specialty retailer’s stock worth $500,000 after purchasing an additional 81 shares in the last quarter. Institutional investors own 99.29% of the company’s stock. Williams-Sonoma Company Profile ( Get Free Report ) Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. Featured Articles Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter .
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By ROB GILLIES, Associated Press TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . “The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well,” LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.
Black Friday and Cyber Monday are packed with headline-grabbing deals, but the steals? They’re the ones hiding just out of sight. Beneath the mainstream hype, there’s a secret layer of under-the-radar discounts that most shoppers miss—exclusive offers from niche boutiques, online-only promos, and surprise markdowns that fly under the radar. We’ve mapped out these hidden gems so you can dodge the noise and snag the best-kept secrets of Cyber Weekend. Ready to uncover the deals everyone else will overlook? Up To 60% Off Nolan Interior’s Chic Sofa Covers Whether you have a shabby couch you want freshen up, or new coach you want to protect, Nolan Interior's has chic sofa covers for up to 60% off this Black Friday. Designed to prevent spills, stains, and wear-and-tear, these covers are the perfect solution for extending the life of your furniture. Choose from standard sizes or custom fits, and enjoy a fresh, new look for your sofa in minutes. Uo To 50% Off Sexual Wellness Finds At We-Vibe This Black Friday season, We-Vibe is offering up to 50% off sitewide from November 18th to December 9th. Shop the latest high-tech pleasure products for yourself or as a gift for a loved one. Highlights include advent calendars for up to 67% off with over $500 worth of premium toys and accessories. bestselling viberators up to 40% off and up to 45% gifts and bundles. Treat yourself or someone special with We-Vibe’s innovative products this holiday season. Up To 40% Off Skin Care Essentials At No.7 No7 is bringing serious deals this Cyber season. From November 25 to December 5, enjoy daily savings on your skincare must-haves, starting with 25% off moisturizers, eye creams, and serums. The excitement peaks with 40% off almost everything from November 28 to December 1, followed by 30% off sitewide on December 2. Keep the savings going from December 3 to 5 with another 30% off (exclusions apply). Don’t miss your chance to stock up on No7 favorites while these deals last. Uo To 50% Off Cult-Favorite Skin & Hair Care From Coco & Eve From November 22 to December 4, Coco & Eve is bringing the heat with up to 50% off their best-selling haircare, skincare, and tanning products. It’s the perfect time to stock up on your holy grail essentials or finally try that cult-favorite mask you’ve been eyeing — you might even discover a new favorite. 25% Off Cult-Favorite Socks From Maggi’s Organics (30% If You Spend Over $100) From November 22 to December 3, score 25% off (plus free shipping on orders over $35) and 30% off orders over $100 at Maggie’s Organics. The brand may be best known for their cult-favorite Crew Socks (made in the USA from organic cotton and fair-trade labor) that are breathable, durable, and seriously comfy. At just $11 a pair, these trendy socks (available in everything from classic solids to vibrant tie-dyes) make ideal stocking stuffers or gifts for your eco-conscious bestie. 30% Off Sitewide At The Celebrity-Loved RoseSkinCo. Score up to 30% off RoseSkinCo.’s Lumi Permanent Hair Removal Device during their Pink Friday and Cyber Monday sale, live from 11/2 to 12/4. Lumi uses dermatologist-recommended IPL technology to deliver permanent hair reduction in just 8 to 12 sessions—no salon visits required. It's designed to be safer than traditional laser treatments, more convenient than shaving, and less painful than waxing. The Lumi is not the only deal RoseSkinCo. has to offer though — check out more skin and hair care products while deals last. 35% Off Sweet Zzz’s Signature Bamboo Sheets Sweet Zzz is offering 35% off its signature Bamboo Sheets for Black Friday. 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Proceeds support microloans that help underprivileged women start their own businesses. 30% Off These Super Cute Customizable Candles From TAJA From November 20 through December 3, you can get 30% off TAJA’s non-toxic, handcrafted candles and home accessories using code BFCM30 at checkout.TAJA’s candles (made in Miami from 100% soy wax and phthalate-free fragrances) can be customized with meaningful messages, dates, or custom designs (like a cute picture of your pup)—perfect for creating one-of-a-kind gifts. Up To $100 Off Bundles & Up To 35% Off Subscriptions At Pet Care Brand Whisker Whisker is offering up to $100 off bundles and up to 35% off subscriptions from November 1-30, 2024. Featuring the best-selling (and editor-loved) Litter-Robot 4 and Feeder-Robot, Whisker’s holiday promotion has innovative solutions for modern pet care. The Litter-Robot 4 is designed with features like self-cleaning, enhanced odor control, and digital health tracking, while the Feeder-Robot ensures consistent feeding for cats and dogs. 40% Off Sitewide At The Science-Backed Skincare Brand BeautyBio BeautyBio isn’t just another skincare brand—it’s science-backed magic. Born in a family-owned lab, founder Jamie and her biochemist dad crafted high-potency formulas designed to meet your skin where it’s at. Think in-office results without the price tag. Plus, every product comes in eco-friendly packaging, so you’re doing good for your skin and the planet. From starting 11/25, score 40% off sitewide at BeautyBio with code BLUSH40. Plus, get a free full-size gift with every order and a 7-Day Kit when you spend $250+. Up To 40% Off Timeless Jewelry At Mint & Lily’s Mint & Lily's effortlessly chic jewelry that elevates every outfit. 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Buy One Get One On Solawave’s Famous Light Therapy Kits If you've ever been interested in trying an at home light therapy device, *now* is the time to invest and join the ranks of celebrity fans like Katy Perry, Reese Witherspoon, and Jennifer Coolidge. From now until Cyber Monday (12/2/2024), enjoy Buy 1, Get 1 Free on all Solawave skincare kits. Each kit includes one of Solawave's award-winning light therapy tools, like the 17x award-winning Radiant Renewal Skincare Wand, paired with a specially formulated topical to boost results. Up To 50% Off Ethical Skin Care Products From Aussie Beauty Brand BodyBlendz BodyBlendz—Australia’s go-to brand for natural, cruelty-free body care—is offering deals up to 50% this Black Friday. Known for their cult-fave coffee scrubs that exfoliate, hydrate, and tackle everything from cellulite to dull skin, BodyBlendz brings the spa experience home. Formulated with powerhouse ingredients like coffee, botanical extracts, and essential oils, their scrubs, masks, and lotions are free from parabens and sulfates, making them perfect for all skin types (especially sensitive babes). Plus, they come in eco-friendly packaging—so you can feel good while you glow. Save Up To 30% Off Bedding From Canadian Down & Feather Company From duvets to pillows and mattress toppers, Canadian Down & Feather Company’s ethically sourced, high-quality products are designed for ultimate relaxation. Snag up to 30% off during their holiday sales. Perfect for lazy mornings, afternoon naps, and everything in between, Canadian Down & Feather Company offers free shipping across North America and products that are as sustainable as they are comfortable. 30% Off Jaw-Droppingly Gorgeous Formalwear From Alamour The Label If you are looking for fresh party attire or a new wedding-guest dress, you'll want to check out Alamour The Label's Black Friday sale. Right now you can 30% off over 300 styles, from glam evening gowns to chic cocktail dress. It's the prefect time to snag formalwear at a fraction of the price. A Rare Sale On A Connected Rowing Machine Hydrow is the connected rowing machine that brings the feeling of rowing on water directly to your home, with workouts led by Olympians and world-class athletes and from November 15–26, Hydrow is offering its BFCM Preview Sale with up to $450 off the Pro model and $250 off the Wave. With a membership, you also get access to 5,000+ workouts, including HIIT, yoga, and circuit training, making it a perfect fit for busy lifestyles. 20% Off A Range Of Comfy Sketchers From classic, comfy sneakers to the cult-favorite BOBS, Skechers' Black Friday Sale has something for everyone. Save up to 20% off for Skechers Plus (free account) memberships with code GOTIME. 20% Off This Clever Sex Pillow From Tabu In honor of Sexual Health Awareness Month, Tabu is offering a free Alby Body Oil (a $55 value) with orders over $200. Tabu’s Prim Pillow is a game changer in the bedroom – and it’s no surprise it's selling out fast. With a patent-pending design and rave reviews from intimacy experts like Dr. Emily Morse and Dr. Kelly Casperson, this sex pillow combines comfort and functionality. 20% Off Bold Timepieces From Ralph Christian Got a watch enthusiast on your shopping list? This timepiece from Ralph Christian is a guaranteed stunner. It pairs a striking skeleton gold and black dial with sapphire-coated crystal glass. Interchangeable straps and 5 ATM water-resistance add practical touches for a watch that's as attractive as it is functional.In recent sports news, the New York Giants have released quarterback Daniel Jones following several poor performances in the NFL season. This decision comes amid shifts in strategy and personnel adjustments for the team. Meanwhile, the National Women's Soccer League (NWSL) is progressing with its expansion plans. Cincinnati, Cleveland, and Denver have been selected as the three contenders vying for a new franchise, as confirmed by Commissioner Jessica Berman. Moreover, a concerning memo from the NBA has surfaced, warning teams of a sophisticated burglary network targeting players' homes, following incidents involving high-profile athletes. (With inputs from agencies.)
The 55th GST Council meeting, held under the leadership of the country's finance minister, Nirmala Sitharaman, came to an end on Saturday, December 21. The minister, along with her associates, is expected to hold a press conference at 18:00 IST. Insurance Tax Cut Deferred Some of the key aspects that have emerged from the meeting are decisions or lack of some much-discussed issues. When we look at the marquee issues that have been, the following have been learnt. Decisions on the most talked-about issues of insurance premiums (health and life), that is, lowering the GST rate on insurance premiums, have been deferred due to a lack of consensus among the GST council members. Let us know! 👂 What type of content would you like to see from us this year? Currently, a GST of 18 per cent is levied on entire life insurance and health insurance. States Oppose ATF Rate In this regard, a Group of Ministers or GoM is expected to meet on insurance premiums in January 2025. Up next, the issues of lowering tax on food delivery have been deferred due to a lack of consensus in the panel. Here again, the current GST rate on food delivery stands at 18 per cent. Let us know! 👂 What type of content would you like to see from us this year? Another major issue that has been deferred is the issue of bringing ATF, or Aviation Turbine Fuel under the ambit of the GST regime. This issue was also deferred as the states, that are a part of the council opposed the move. GST On Used Cars Some other aspects that have emerged in the meeting include a possible 18 per cent GST on the sale of used cars. Let us know! 👂 What type of content would you like to see from us this year? GST On Popcorn It is also being understood that the GoM report on rate tax Rationalisation has not being submitted. In addition, clarification on the GST levied on popcorn was also issued. A 5 per cent GST will levied on ready-to-eat popcorn, a further 12 per cent for pre-packaged, and an 18 per cent GST will added to caramel popcorn. Namkeens or savouries are currently taxed at 12 per cent, meanwhile, confectionary items are charged at 18 per cent.
Trent Williams' wife, Sondra, says their son was stillbornTrudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Texas' abortion pill lawsuit against New York doctor marks new challenge to interstate telemedicine Texas has sued a New York doctor for prescribing abortion pills to a Texas woman via telemedicine. It appears to be the first challenge in the U.S. to a state shield law that's intended to protect prescribers in Democratic-controlled states from being punished by states with abortion bans. Prescriptions like these, made online and over the phone, are a key reason that the number of abortions has increased across the U.S. even after state bans started taking effect. Most abortions in the U.S. involve pills rather than procedures. Anti-abortion groups are increasingly focusing on the rise of pills. Syrians cheer end of 50 years of Assad rule at first Friday prayers since government fell DAMASCUS (AP) — Exuberant Syrians observed the first Friday prayers since the ouster of President Bashar Assad, gathering in the capital’s historic main mosque, its largest square and around the country to celebrate the end of half a century of authoritarian rule. The newly installed interim prime minister delivered the sermon at the Umayyad Mosque, declaring that a new era of “freedom, dignity and justice” was dawning for Syria. The gatherings illustrated the dramatic changes that have swept over Syria less than a week after insurgents marched into Damascus and toppled Assad. Amid the jubilation, U.S. Secretary of State Antony Blinken met with allies around the region and called for an “inclusive and non-sectarian” interim government. US military flies American released from Syrian prison to Jordan, officials say WASHINGTON (AP) — The U.S. military has brought an American who was imprisoned in Syria for seven months out of the country. That's according to two U.S. officials, who said Friday that Travis Timmerman has been flown to Jordan on a U.S. military helicopter. The 29-year-old Timmerman told The Associated Press earlier Friday he had gone to Syria on a Christian pilgrimage and was not ill-treated while in a notorious detention facility operated by Syrian intelligence. He said he was freed by “the liberators who came into the prison and knocked the door down (of his cell) with a hammer.” New Jersey governor wants more federal resources for probe into drone sightings TOMS RIVER, N.J. (AP) — New Jersey Gov. Phil Murphy has asked the Biden administration to put more resources into the ongoing investigation of mysterious drone sightings being reported in the state and other parts of the region. Murphy, a Democrat, made the request in a letter Thursday, noting that state and local law enforcement remain “hamstrung” by existing laws and policies in their efforts to successfully counteract any nefarious drone activity. Murphy and other officials say there is no evidence that the drones pose a national security or a public safety threat. A state lawmaker says up to 180 aircraft have been reported to authorities since Nov. 18. Nancy Pelosi hospitalized after she 'sustained an injury' from fall on official trip to Luxembourg WASHINGTON (AP) — Former House Speaker Nancy Pelosi has been hospitalized after she “sustained an injury” during an official engagement in Luxembourg, according to a spokesman. Pelosi is 84. She was in Europe to mark the 80th anniversary of the Battle of the Bulge in World War II. Her spokesman, Ian Krager, did not describe the nature of her injury or give any additional details, but a person familiar with the incident said that Pelosi tripped and fell while at an event with the other members of Congress. The person requested anonymity to discuss the fall because they were not authorized to speak about it publicly. Russia targets Ukrainian infrastructure with a massive attack by cruise missiles and drones KYIV, Ukraine (AP) — Russia has launched a massive aerial attack against Ukraine. Ukrainian President Volodymyr Zelenskyy says Russia fired 93 cruise and ballistic missiles and almost 200 drones in Friday's bombardments. He says it is one of the heaviest bombardments of the country’s energy sector since Russia’s full-scale invasion almost three years ago. He says Ukrainian defenses shot down 81 missiles, including 11 cruise missiles that were intercepted by F-16 warplanes provided by Western allies earlier this year. Zelenskyy renewed his plea for international unity against Russian President Vladimir Putin. But uncertainty surrounds how the war might unfold next year. President-elect Donald Trump has vowed to end the war and has thrown into doubt whether vital U.S. military support for Kyiv will continue. Trump’s lawyers rebuff DA's idea for upholding his hush money conviction, calling it 'absurd' NEW YORK (AP) — President-elect Donald Trump’s lawyers are again urging a judge to throw out his hush money conviction. In a court filing Friday, they balked at the prosecution’s “absurd” idea for preserving the verdict by treating the case the way some courts do when a defendant dies before sentencing. The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. Some in seafood industry see Trump as fishermen's friend, but tariffs could make for pricier fish PORTLAND, Maine (AP) — The incoming administration of President-elect Donald Trump is likely to bring big changes to seafood, one of the oldest sectors of the U.S. economy. Some in the industry believe the returning president will be more responsive to its needs. Economic analysts paint a more complicated picture, as they fear Trump’s pending trade hostilities with major trading partners Canada and China could make an already pricy kind of protein more expensive. Conservationists also fear Trump’s emphasis on deregulation could jeopardize fish stocks already in peril. But many in the commercial fishing and seafood processing industries said they expect Trump to allow fishing in protected areas and crack down on offshore wind expansion. OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship' A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. OpenAI is filing its response Friday. Paula Abdul settles lawsuit alleging sexual assault by 'American Idol' producer Nigel Lythgoe LOS ANGELES (AP) — Paula Abdul and former “American Idol” producer Nigel Lythgoe have agreed to settle a lawsuit in which she alleged he sexually assaulted her in the early 2000s when she was a judge on the show. Abdul filed a notice of settlement in a Los Angeles court Thursday. The lawsuit filed nearly a year ago had also accused Lythgoe of sexually assaulting Abdul after she left “American Idol” and became a judge on Lythgoe’s other show “So You Think You Can Dance.” Lythgoe said at the time that the allegations were “an appalling smear.” Both sides said in statements Friday that they were glad to put the case behind them.
Visions of AI art from OpenAI’s first artist in residenceSMITHS FALLS, ON , and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation (" Canopy Growth ") (TSX: WEED) (NASDAQ: CGC ), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, and Acreage Holdings, Inc. (" Acreage ") (CSE: ACRG.A.U, ACRG.B.U)(OTCQX: ACRHF , ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., are pleased to announce that it is anticipated that Canopy USA , LLC (" Canopy USA ") will complete its acquisition of Acreage on or around December 9, 2024 , subject to the satisfaction or waiver of closing conditions set out in the Arrangement Agreements (as defined below). Canopy Growth and Acreage are party to an arrangement agreement dated April 18, 2019 , as amended (the " Fixed Share Arrangement Agreement "), relating to the proposed acquisition (the " Fixed Share Acquisition ") of all issued and outstanding Class E subordinate voting shares of Acreage (the " Fixed Shares ") pursuant to a plan of arrangement under the Business Corporations Act ( British Columbia ). The Fixed Share Acquisition is anticipated to occur immediately after the acquisition of the Class D subordinate voting shares of Acreage (the " Floating Shares ") pursuant to a plan of arrangement under the Business Corporations Act ( British Columbia ) in accordance with the arrangement agreement (the " Floating Share Arrangement Agreement " together with the Fixed Share Arrangement Agreement, the " Arrangement Agreements ") dated October 24, 2022 , as amended, among Canopy Growth, Acreage and Canopy USA (together with the Fixed Share Acquisition, the " Acquisitions "). Upon the closing of the Acquisitions, Canopy USA will own 100% of the issued and outstanding shares of Acreage. As previously announced by Acreage, if the price of the common shares of Canopy Growth (the " Canopy Shares ") on the Nasdaq does not go above US$5.00 prior to closing of the Acquisitions (calculated in the manner prescribed in the Fixed Share Arrangement Agreement), holders of Fixed Shares will not receive any consideration in exchange for their Fixed Shares. A letter of transmittal with respect to the Fixed Share Acquisition and the Floating Share Acquisition will be mailed to registered Acreage shareholders. The letters of transmittal have been filed by Acreage under Acreage's profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission through EDGAR at www.sec.gov/edgar. All registered Acreage shareholders with physical certificate(s) or DRS statement(s) will be required to send their certificate(s) or DRS statement(s) representing their Fixed Shares and/or Floating Shares with a completed letter of transmittal to the Company's transfer agent, Odyssey Trust Company (" Odyssey "), in accordance with the instructions provided in the applicable letter of transmittal. Shareholders who hold their Fixed Shares and/or Floating Shares through a broker or other intermediary and do not have Acreage shares registered in their name will not need to complete the applicable letter(s) of transmittal. Such shareholders should contact their broker or other intermediary to arrange for the deposit of their DRS statement(s) or certificate(s) representing their Acreage shares. As a result of the labour dispute at Canada Post, registered Acreage shareholders are encouraged to contact Odyssey with any questions by email at [email protected] in the event that registered Acreage shareholders have not received copies of their DRS statement(s) or certificate(s) representing their Canopy Shares following the closing of the Acquisitions and completion and delivery of their letter of transmittal to Odyssey. Copies of the Floating Share Arrangement Agreement and the Fixed Share Arrangement Agreement may be accessed under Acreage's profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission through EDGAR at www.sec.gov/edgar . About Canopy Growth Canopy Growth is a world leading cannabis company dedicated to unleashing the power of cannabis to improve lives. Through an unwavering commitment to consumers, Canopy Growth delivers innovative products with a focus on premium and mainstream cannabis brands including Doja, 7ACRES, Tweed, and Deep Space, in addition to category defining vaporizer technology made in Germany by Storz & Bickel. Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through an unconsolidated, non-controlling interest in Canopy USA . Canopy USA has closed the acquisitions of approximately 77% of the shares of Lemurian, Inc. ("Jetty") and 100% of the Wana entities that make up Wana Brands , being Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Jetty owns and operates Jetty Extracts, a California -based producer of high- quality cannabis extracts and pioneer of clean vape technology, and Wana Brands is a leading North American edibles brand. The option to acquire Acreage, a vertically integrated multi-state cannabis operator with principal operations in densely populated states across the Northeast and Midwest, has also been exercised. Beyond its world-class products, Canopy Growth is leading the industry forward through a commitment to social equity, responsible use, and community reinvestment – pioneering a future where cannabis is understood and welcomed for its potential to help achieve greater well-being and life enhancement. For more information visit www.canopygrowth.com . About Acreage Acreage is a multi-state operator of cannabis cultivation and retailing facilities in the U.S., including its national retail store brand, The Botanist. With its principal address in New York City , Acreage's wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux , the Prime medical brand in Pennsylvania , and others. Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. Learn more at www.acreageholdings.com . References to information included on, or accessible through, the Canopy Growth or Acreage website do not constitute incorporation by reference of the information contained at or available through such websites, and you should not consider such information to be part of this press release. Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canopy Growth, Acreage or their respective subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release. Examples of such statements and uncertainties include statements with respect to the anticipated closing date of the Acquisitions, the price of the Canopy Shares, the consideration to be issued to the holders of Fixed Shares pursuant to the Fixed Share Acquisition, the satisfaction of the conditions set forth in the Fixed Share Arrangement Agreement and Floating Share Arrangement Agreement, and the closing of the Acquisitions. Risks, uncertainties and other factors involved with forward-looking information or statements could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including the ability of the parties to satisfy or waive, in a timely manner, the conditions to the completion of the Fixed Share Arrangement Agreement and the Floating Share Arrangement Agreement; the ability of Canopy Growth, Acreage and Canopy USA to satisfy or waive, in a timely manner, the closing conditions set forth in the Fixed Share Arrangement Agreement and Floating Share Arrangement Agreement; risks relating to the value and liquidity of the Canopy Shares, the Fixed Shares and Floating Shares; the rights of the holders of Floating Shares and Fixed Shares may differ materially from those of shareholders on Canopy Growth; negative operating cash flow; uncertainty of additional financing; use of proceeds; volatility in the price of the Canopy Shares, the Fixed Shares and the Floating Shares; expectations regarding future investment, growth and expansion of operations; regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial and stock markets and the impacts of increased rates of inflation; legal and regulatory risks inherent in the cannabis industry, including the global regulatory landscape and enforcement related to cannabis; additional dilution; political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation and the interpretation of various laws regulations and policies; public opinion and perception of the cannabis industry; and such other risks contained in the public filings of Canopy Growth and Acreage filed with Canadian securities regulators and available under each of the Canopy Growth and Acreage profile on SEDAR+ at www.sedarplus.com and with the Securities and Exchange Commission through EDGAR at www.sec.gov/edgar , including under the heading "Risk Factors" in Canopy Growth's and Acreage's respective annual report on Form 10-K for the year ended March 31, 2024 and December 31, 2023 , respectively, and their subsequently filed quarterly reports on Form 10-Q. In respect of the forward-looking statements and information, Canopy Growth and Acreage have provided such statements and information in reliance on certain assumptions that they believe are reasonable at this time. Although Canopy Growth and Acreage believe that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information or statements and no assurance can be given that such events will occur in the disclosed time frames or at all. Should one or more of the foregoing risks or uncertainties materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Canopy Growth and Acreage have attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The forward-looking information and forward-looking statements included in this news release are made as of the date of this news release and neither Canopy Growth nor Acreage undertakes any obligation to publicly update such forward-looking information or forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. SOURCE Canopy Growth Corporation