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Monday’s game that pits the Georgia Tech Yellow Jackets (5-0) against the No. 21 Oregon Ducks (6-0) at George Q. Cannon Activities Center has a good chance to be a tight matchup based on our computer prediction, which projects a final score of 67-66 in favor of Georgia Tech. Tipoff is at 7:00 PM ET on November 25. According to our computer prediction, Oregon is projected to cover the spread (1.5) against Georgia Tech. The two sides are projected to exceed the 130.5 over/under. Catch tons of live women’s college basketball , plus original programming, with ESPN+ or the Disney Bundle. Place your bets on any women’s college basketball matchup at BetMGM. Sign up today using our link. The two teams score an average of 154 points per game, 23.5 more points than this matchup’s total. Bet on this or any women’s college basketball matchup at BetMGM. Rep your favorite players with officially licensed gear. Head to Fanatics to find jerseys, shirts, hats, and much more. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations. The surprise announcement deprives the market of a key department-store bellwether's outlook ahead of a potentially uncertain holiday season that favors retail giants such as Walmart WMT.N and Amazon AMZN.O. A single employee "intentionally" made wrong accounting entries to hide about $132 million to $154 million of delivery expenses between the fourth quarter of 2021 through third quarter of 2024, Macy's said. It had recorded about $4.36 billion as delivery expenses in this period. That employee is no longer with the company, Macy's said, though the revelation, along with the preliminary sales figures, sent shares down 3.5%. The department store chain was set to report results on Nov. 26 and will now publish it by Dec. 11. Walmart earnings: Retailer projects fruitful holiday shopping season, stock jumps again Earn rewards on your spending: Best credit cards for shopping "It looks bad... It indicates that they were caught off guard by this," Morningstar analyst David Swartz said, adding that the error should not worry investors as the amount over three years does not seem significant for Macy's. Macy's preliminary results showed net sales fell 2.4% to $4.74 billion compared to $4.77 billion based on estimates compiled by LSEG, a sign that steep promotions failed to draw customers who have turned selective on purchases for the holidays. The company said an independent investigation showed no involvement by any other employee, and there was no sign of the error affecting cash management activities or vendor payments. Along with its full third-quarter results, Macy's said it will provide fourth quarter and annual outlooks, as well as hold its earnings call. CEO Tony Spring said November comparable sales were trending ahead of third-quarter levels in the run-up to the crucial shopping season when retailers offer big discounts. Target and several other department store chains may see muted sales as they are skewed toward more slightly pricey non-essential items. "While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues are focused on... executing our strategy for a successful holiday season," Spring said. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun KoyyurThere’s a reason oil well sales are collapsing in California: Cleanup costs
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In a dramatic Champions League encounter, Benfica twice came from behind to end AS Monaco's unbeaten run. The Portuguese side secured a 3-2 win on Wednesday, aided by late headers and a critical red card for Monaco's Wilfried Singo. Monaco's Eliesse Ben Seghir opened the scoring in the 13th minute, following an impressive counter-attack. However, Benfica responded with intensity. Angel Di Maria almost leveled the game in the first half, but missed opportunities allowed Monaco to maintain their lead until Vangelis Pavlidis capitalized on a defensive error. Despite Monaco's second goal from substitute Soungoutou Magassa, Benfica surged back with two late headers from Arthur Cabral and Zeki Amdouni. This victory pushed Benfica to 14th in the standings while Monaco dropped to eighth place, marking a significant shift in their campaigns. (With inputs from agencies.)Luke Humphries defeats Luke Littler to retain Players Championship Finals titleThe Perry County Literacy Council (PCLC) currently is in great need of donations and volunteers to continue supporting the growing demand for services. Whether individuals or businesses can contribute financially or offer time to tutor, assist with office tasks, or help with fundraising, the support is essential in helping the organization fulfill its mission. Donations can be made directly through the PCLC website, and volunteers can apply by contacting the office to find out how their skills can be put to use in the impactful community service. The community’s generosity can make a direct difference in the lives of individuals striving for a better future. The PCLC began in the early 1980s with a small group of concerned community members, and over the past four decades it has grown into a vital resource for many residents of Perry County. The organization was born out of a shared concern about illiteracy when Dale Lesperance approached Lane Partner, seeking a solution to the lack of educational opportunities. With a $100 grant from the New Bloomfield Civic Club, they organized a Laubach Literacy training event for a small group of 10-12 people, using books loaned from the Juniata County Literacy Council. The organization started simply, without a formal structure, but local churches and clubs helped spread the word, and volunteer tutors worked with students one-on-one. The first year, they worked with only a handful of people, meeting in Father Larry’s house at St. Bernard Catholic Church. That informal start laid the foundation for what would become a much larger operation. By 1984, after securing a $25,000 grant from the Pennsylvania Department of Education (PDE), the PCLC moved into the basement of the Newport Public Library. At that point, the organization hired its first executive director, Wendy Lindstrom, and began to expand its offerings, including high school equivalency instruction. In 1993, a major shift occurred when Carol Steiner took over as executive director. Steiner’s priorities included integrating computer literacy into PCLC’s programs and significantly increasing fundraising efforts. At that time, Anne Chappelka, a new arrival to Perry County, became deeply involved in the organization and eventually joined the board, where she remained an active volunteer until her passing in 2021. Tragedy struck in 1997 when Steiner died in a car accident. Chappelka, serving as the board president, stepped in as acting director until a permanent replacement could be found. With help from the Pennsylvania Department of Education, which had strong respect for Steiner, PCLC was able to continue its operations while searching for a new leader. By 2000, the organization had outgrown its library basement and moved to a new facility on Market Street in Newport. In 2003, the Newport School District made a significant decision to allow PCLC to use its facilities as a GED test site, an arrangement that benefited many adults in the community who previously had to travel to Harrisburg Area Community College to take tests. When Executive Director Susan Risner retired in 2007, Kathleen Bentley, a former special education teacher, took over. Bentley brought a wealth of experience to the organization, and her approach focused on treating each individual with dignity and compassion. Bentley’s time at PCLC saw the organization expand its services further, with a new location on South Fifth Street offering more space for workforce training and other resources. She established partnerships with various agencies, including Perry Apex Services Unlimited (PASU), which provided transportation to help people access PCLC services. Bentley also launched a scholarship fund that paid for at least half the cost of GED testing. Bentley’s work highlighted the profound need for basic services like identification documents, which many residents lacked. Through her efforts, PCLC helped individuals obtain essential documents like photo IDs, birth certificates and social security cards. In 2010, a social work office was established, and Bentley used grants to provide other crucial services such as childcare for students’ children and emergency food and gas cards. In December 2021, Bentley retired, and Leslie Heimbaugh, who had been with the organization since 2009, took over as executive director. Heimbaugh initially joined PCLC as a part-time office manager and quickly became involved in fundraising and supporting students. She served as an administrative assistant and development officer before being asked to take on the executive director role in 2017. However, that meant she’d need to earn a bachelor’s degree, which she did by completing a degree in communications from Central Penn College at age 58, even becoming the valedictorian of her class. Heimbaugh’s deep commitment to the work of PCLC is reflected in her passion for the students and families the organization serves. “It’s such a privilege that people trust us to help them through some of the roughest times in their lives,” she said. “It’s simultaneously the most joyful and toughest work I’ve ever done.” Heimbaugh is particularly moved by the resilience of students who, despite facing enormous challenges in their lives, continue to pursue their educational goals. She acknowledges the importance of offering second chances. “PCLC is all about second, third, and sometimes even fourth chances. We never judge anyone who needs to walk away and return when conditions are more favorable for their success.” The range of services offered by PCLC is extensive, with a primary focus on adult education and GED preparation, as well as English as a Second Language (ESL) programs. Heimbaugh pointed out that the number of ESL students has been growing rapidly, with all students legally residing in the U.S. or holding refugee status. In addition to the educational services, PCLC provides an array of support services, including help with obtaining vital documents, emergency food and gas cards, childcare for students’ children, free tax preparation for low-income residents, and assistance with healthcare connections. As an official Pennsylvania CareerLink, PCLC helps individuals connect with employment and training opportunities, especially for youth and adults who need job readiness support. The Office of Vocational Rehabilitation, which co-locates with PCLC, provides services to Perry County residents with disabilities. Merakey, another organization that shares space, runs programs for adults with mental health challenges, including advocacy, recovery and psychiatric rehabilitation. RECOMMENDED • pennlive .com Mid-Penn boys basketball returning stat leaders: Points, 3-pointers, rebounds, blocks, steals Nov. 27, 2024, 5:00 a.m. How to watch ‘Yellowstone,’ season five, part two with a FREE live stream, time, channel Nov. 24, 2024, 6:00 p.m. Heimbaugh highlighted the importance of their partnerships with other local organizations. “We rely on the support of a vast network of partnerships. We listen to what our clients need, take care of what we can, and offer a ‘warm hand-off’ to one of our partners.” The impact of PCLC’s work is evident in the stories of individuals it serves. Heimbaugh shared an example of a student who came to the organization with the hope that a pair of steel-toed boots could help secure a job. PCLC was able to provide the necessary support, and the individual eventually found employment. PCLC continues to serve residents not only from Perry County but also from neighboring areas such as upper Dauphin and eastern Juniata counties. As Heimbaugh put it, “The people we serve are just like you and me — they want the same things we do—love, safety, security, education, a home, and family.” Many of the students and clients face significant obstacles in their lives, but PCLC’s mission is to help them overcome those barriers and achieve their goals, one step at a time.
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For years, large drillers in California sold unprofitable wells to smaller companies willing to wring the last drops of oil out of them. The process essentially kicked the cost of cleaning up oil fields — pumping concrete down well bores, removing tanks and pipelines — to operators with less ability to pay for the eventual cleanup. Policymakers and advocates predicted that taxpayers — not the oil companies themselves — would ultimately have to pay billions for remediation once those oil and gas operations ran dry. Unplugged wells emit climate-warming methane and pose long-term hazards to soil and groundwater. But a new law may finally be slowing the so-called well shuffling, state data shows. Since the start of this year, companies have proposed selling 766 wells in the state. But before the wells can change hands, purchasers are now required to request an estimate for a bond to plug the wells from the California Geologic Energy Management Division (CalGEM), the agency that regulates drilling. Grist thanks its sponsors. Become one . To support our nonprofit environmental journalism, please consider disabling your ad-blocker to allow ads on Grist. Here's How The requirement is part of a new law passed last year to ensure that someone — not taxpayers — is forced to put up the money to clean up the wells before they can be sold. The state quoted bond amounts totaling $80.5 million for those hundreds of wells. Most of that money was for a bond to eventually plug 729 wells in Kern County that Vaquero Energy Inc. wanted to buy from Aera Energy. The remaining 37 wells are scattered across Santa Barbara, Orange, Kern, Fresno, and Los Angeles counties and are owned by two dozen companies. The majority of those wells were idle, and nearly all were marginal — producing less than 15 barrels of oil a day, enough to produce just 472 gallons of gas. But after the state determined how much it would cost to bond those wells, all 37 of the proposed sales fell through. The California Geologic Energy Management Division directed questions about the failed transactions to the involved companies. Grist thanks its sponsors. Become one . To support our nonprofit environmental journalism, please consider disabling your ad-blocker to allow ads on Grist. Here's How To Rob Schuwerk, the executive director of Carbon Tracker’s North American office, it means that the law is working as intended: Companies are no longer passing off marginal wells to operators who lack the financial means to plug them. “The law has stopped some of the bleeding,” Schuwerk wrote in an email to Capital & Main. Capital & Main reached out to all of the operators involved in the proposed sale of wells. Most did not respond to emails and phone calls. Chad Hathaway, the owner of Hathaway LLC, wanted to buy 14 wells from Kern River Holding LLC. The state required that he file a $2.6 million bond to complete the transaction. His company in the Mount Poso oil field in Kern County specializes in refurbishing and reactivating marginal wells. In an email to Capital & Main, Hathaway wrote that California “places such high costs on abandonment and remediation that it makes the transfers impossible, unaffordable, and economically unfeasible to bond.” He noted that the state’s bonding estimates run much higher than his company’s internal estimates. That sentiment is shared by other operators. Signal Hill Disposal LLC, a wastewater disposal company based in Southern California, responded with “shock and awe” after the California Geologic Energy Management Division said it needed to obtain a $651,820 bond to acquire a single well in Los Angeles County, according to division emails obtained by Capital & Main. The quoted amounts to plug wells are, however, in line with and even a little below figures included in a Sierra Club idle wells report released in December 2023 that is frequently cited by some lawmakers in Sacramento. That report put total cleanup liabilities for all unplugged wells in California at $22.9 billion. A Carbon Tracker report from 2023 estimated that the costs of decommissioning all those wells would be more than double the projected cash flows for all oil-producing companies in California given how much oil is left in the ground. Going forward, Carbon Tracker’s Schuwerk said, California needs “to increase financial assurance on all entities,” which he said could be accomplished through bonds or sinking funds , which can be dedicated to cleanup costs and which oil operators pay into over time. But any plan to clean up oil fields through bonds alone faces a major hurdle: Bond sellers have become reluctant to work with California oil operators, said Mark Karr, a senior account manager with SuretyBonds.com. “Out of all the bonds we sell, this is one of the highest risk industries,” Karr said. “A lot of surety companies think it’s not even worth it because we’ve had to pay out so many times” to the state after oil operators reneged on promises to use their own money for plugging wells. The state’s largest operators, including Chevron, may be best positioned to set aside cleanup money, considering their still very profitable global operations. But actions by driller Aera Energy, which recently merged with California Resources Corporation to become the state’s largest well operator, show how challenging it can be to make companies put up a sufficient bond. In one proposed transaction this year, Aera asked the California Geologic Energy Management Division for a bond estimate to sell 11 wells to an unidentified company. In another, where Aera wanted to sell 729 wells to Vaquero Energy, it’s not clear which company initiated the transaction. The bond amounts for the two transactions would have totaled $75.3 million, but neither moved forward. Neither Aera or Vaquero responded to requests for comment. And months before its shareholders voted in June to acquire Aera, California Resources Corporation told state regulators that its stock transfer acquisition of Aera meant no wells were actually changing hands. The California Geologic Energy Management Division agreed with the company’s interpretation of the law, and did not force California Resources Corporation to file a bond for acquiring Aera’s wells. California Resources Corporation estimated in financial statements filed with the Securities and Exchange Commission that its long-term costs for cleaning up all of its unplugged wells after the merger — about 38,000 — amounted to $1 billion. By contrast, the Sierra Club estimated that the two companies’ liabilities to plug their idle wells amounted to $3.5 billion combined. California Resources Corporation filed a $30 million bond for cleanup costs with the state in December 2023, the maximum amount under the law at the time. Meanwhile, the state is taking more steps to hold companies financially liable for their wells. In September, Governor Gavin Newsom signed a bill into law to charge companies thousands of dollars per idle well annually unless they start plugging them. Despite President-elect Trump’s desire to promote domestic oil production, the federal government may find it difficult to intervene in matters related to drilling on state lands. “It does not in any immediate way intersect with federal law or implicate federal interests,” said Ann Alexander, an environmental attorney and policy consultant who advocated for the oil well bonding law. The bonding law is a step in the right direction, but California needs to continue finding ways to make oil operators pay for cleanup, Alexander said. Other industries could serve as a model, such as the nuclear power sector, in which plant operators are required by federal regulations to put money into a sinking fund for decommissioning . “No matter how much people want to keep [California’s oil drilling] industry alive, it is fundamentally on the wane,” she said. Copyright 2024 Capital & Main A message from Grist is the only award-winning newsroom focused on exploring equitable solutions to climate change. It’s vital reporting made entirely possible by loyal readers like you. At Grist, we don’t believe in paywalls. Instead, we rely on our readers to pitch in what they can so that we can continue bringing you our solution-based climate news. Donate now and your gift will be DOUBLED. Join us as a $25/month donor or make a $300 one-time gift, and we’ll send you a limited-edition gift bundle as a token of our gratitude. It’s our way of saying thanks for supporting our work. Grist is the only award-winning newsroom focused on exploring equitable solutions to climate change. It’s vital reporting made entirely possible by loyal readers like you. At Grist, we don’t believe in paywalls. Instead, we rely on our readers to pitch in what they can so that we can continue bringing you our solution-based climate news. 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Celebrity-inspired Thanksgiving recipes, plus last-minute holiday meal ideasAs Trump returns analysts see defence stocks risingIt’s been a long time since we’ve had much to celebrate about South Carolina’s battle against the growing national teaching shortage. We’ve had indications of progress — the total number of teachers in our schools has been increasing, just not enough to keep up with the much faster growth in positions, for instance. And this year the Charleston County School District was able to start the fall semester with all its teaching positions filled — a huge triumph for Charleston County's kids but of no use to those in the 45 other counties. SC teacher vacancies are down 35%, but is it a mirage of larger classes and fewer positions? But this year's supply and demand report from Winthrop's Center for Educator Recruitment , Retention and Advancement shows actual progress on the central goal: The number of teacher vacancies dropped for the first time since 2019, and it wasn’t a piddling little drop: S.C. public schools started the 2023 year without a permanent teacher in 1,613 classrooms; this year the number plummeted to 1,043. That’s still 1,043 classrooms with a substitute or else split up and doubled up between other classes, and that's 1,043 classrooms too many. But it’s a significant improvement that we need to celebrate. Editorial: A too-rare moment to celebrate Charleston County Schools' success Now, there are caveats. As The Post and Courier’s Anna Mitchell reports, the total number of teachers actually dropped, but the number of teaching positions dropped significantly more — leading some to question whether the improvement was real. Under different circumstances, we’d be concerned about that. But teaching positions have grown at more than twice the rate of the student population since 2017, with most of the teacher growth coming in 2020 and 2021, when the number of teachers shot up by 6.8 percentage points while student enrollment fell by 1.8 points. That was the COVID blip, when districts had to hire extra teachers to handle the sudden demand for online classes and smaller, socially distanced in-person classes — and got a boatload of federal cash to pay for it. Post-COVID, we’re still trying to find equilibrium, as enrollment grows but at a slowing pace. Even with this year’s decline, we still have fewer students per teacher than before the pandemic. Scoppe: SC law punishes teachers for caring how much they make. It's overdue for a repeal. A lot of teachers considered those ratios too high before the pandemic, but context is key: Teachers who feel like they’re respected and valued aren’t going to leave the profession because there’s one more student in class each period. Give them five more students, and you might have trouble, but if their only complaint is one or even two more students, they’ll stick around, because they’re doing what they feel called to do. The key to keeping teachers in the classroom is making them feel respected — which comes from paying them well, providing them safe and welcoming workplaces, valuing their opinions and just treating them like the professionals they are. Editorial: SC raises are great, but teachers can't unhear lawmakers' competing message After years of bellyaching over not having enough money, our Legislature has finally stepped up on pay, increasing starting teachers’ minimum salaries to $47,000 — up $4,500 this year and nearly $20,000 from a decade ago — on the way to promised $50,000 starting salaries by 2026. But continuing to improve isn’t as simple as continuing to raise pay, although that’s part of the equation. Teachers still have to spend too much time on non-teaching duties, which the Legislature can and should reduce. Teachers still face being barred from teaching if they quit to care for a sick parent or child or move to another city; that must change. They also have to live in a state where our leaders do far too little to push back against claims from activist groups that teachers are trying to indoctrinate children and undermine parents’ values and even abuse children. Editorial: SC teacher shortage has changed. We have to change how we address it. The Legislature can do something about this as well, although it’s not as easy: Legislators can speak up loudly and forcefully in defense of the profession and the professionals, they can denounce unfounded attacks, and they can stop supporting legislation that buys into these claims and makes it more difficult for teachers to do their jobs. If they don’t, this year’s good news likely will turn into a one-year anomaly. Click here for more opinion content from The Post and Courier.
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