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Camp empowers future-ready youthThe T1 Pro E-Cargo Bike Shows Some Next-Level ThinkingCabo Platinum Cabo Platinum - the Premier Provider of Cabo San Lucas Luxury Villas Cabo Platinum's concierge program has long been celebrated for its personalized touch and attention to detail. When guests make their reservations, they are met with a dedicated team ready to curate a bespoke vacation experience tailored to their preferences. Whether arranging private yacht charters, exclusive dining experiences, or personalized wellness sessions, Cabo Platinum ensures that every detail is meticulously planned to perfection. "We are very proud to receive 5-star ratings because it shows our commitment to excellence and our guests," said Mishan Andre, Managing Partner at Cabo Platinum. "Our team works hard to create unforgettable experiences and to provide service that not only meets but exceeds expectations." The 5-star ratings are a testament to Cabo Platinum's ethos of consistent innovation and adaptation to the evolving needs of luxury travelers. The company's seamless technology integration with personalized service allows it to maintain a competitive edge, ensuring guests can access the best Los Cabos offers. Cabo Platinum's customer service team, known for its warmth and professionalism, plays a pivotal role in this achievement, consistently garnering praise from guests for their proactive and responsive approach. Cabo Platinum's commitment to excellence is reflected in its robust portfolio of luxury villas, each offering a unique blend of elegance, comfort, and privacy. Guests can expect top-tier amenities, breathtaking views, and an ambiance that fosters relaxation and indulgence. As Cabo Platinum continues to expand its offerings and refine its services, the company remains steadfast in its mission to deliver unforgettable experiences that capture the essence of luxury and hospitality. These 5-star ratings serve as a milestone in Cabo Platinum's journey and inspiration further to elevate the standard of excellence in the industry. About Cabo Platinum: Cabo Platinum is a premier luxury villa rental and concierge service based in Los Cabos, Mexico. Renowned for its exceptional customer service and personalized travel experiences, Cabo Platinum offers a curated collection of high-end properties and bespoke services tailored to discerning travelers. The company aims to provide unparalleled luxury and hospitality, making every guest's stay memorable. Contact: [email protected] Karina Herrera +52-624-237-8879 A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94a58a86-b418-45a9-8d91-2d33a43e6776
The Senate took another positive step towards improving the country’s agricultural sector as the Agricultural Extension Service Bill, 2024 (SB. 646), sponsored by Senator Saliu Mustapha, passed its first reading. The (WOFAN-ICON-2) and agricultural extension stakeholders sponsored Agricultural Extension Service Bill, (SB.646) has passed the first reading at the floor of the Nigerian Senate. The bill aims to strengthen agricultural extension services that will support smallholder farmers to improve productivity and ensure food security in the Nation. Furthermore, the bill targets to strengthen the capacity of extension workers to deliver advanced, technology-driven, and demand-oriented services. Senator Saliu Mustapha, who represents Kwara Central at the National Assembly while speaking with journalists on the objectives of the bill, said it aims to ensure the effective implementation of the National Agricultural Extension Policy and Strategy and to establish a legal framework for sustainable agricultural extension services in Nigeria. The Lawmaker further noted that the bill will further create a sustainable, harmonized, pluralistic, and demand-driven e-agricultural extension system that will ensure efficient service delivery across the agricultural value chain. Recall that the Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi during a technical update meeting held in Abuja recently, commended the efforts of WOFAN-ICON2 project, NAERLS and other stakeholders in putting the draft bill together. Senator Abdullahi who contributed effectively during the meeting also noted that with about 70 per cent of the population are involved in agriculture and further emphasized that it is important to ensure they receive the kind of technical support they need to be able to achieve optimal outputs and good income. “Extension Agents don’t just show farmers Good Agronomic Practices, they step down successful research results and new innovative techniques to farmers for improved outputs. “So, Extension Agents are very positive additions to how farmers are supposed to operate. And so, to me the proposed bill will be a game changer.’’ READ MORE FROM: NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel nowRemoving carbon from sky could be the next climate gold rush UNITED KINGDOM: This summer, Bill Gates huddled in London with representatives of some of the world’s wealthiest people, including the Amazon founder, Jeff Bezos, the SoftBank founder, Masayoshi Son, and Prince al-Waleed bin Talal of Saudi Arabia. They were evaluating their joint investments in companies that could help the world combat climate change. Among the businesses in their portfolio, four stood out as having a particularly audacious goal: They were working to strip carbon dioxide from the atmosphere, for a profit. As countries around the world continue to pump planet-warming pollution into the skies, driving global temperatures to record levels, the financial world is racing to fund the emerging field of carbon dioxide removal, seeking both an environmental miracle and a financial windfall. The technology, which did not exist until a few years ago, is still unproven at scale. Yet, it has a uniquely alluring appeal. Stripping away some of the carbon dioxide that is heating up the world makes intuitive sense. And with a small but growing number of companies willing to pay for it, investors are jockeying to be first movers in what they believe will inevitably be a big industry that is necessary to help fight global warming. Companies working on ways to pull carbon dioxide from the air have raised more than $5 billion since 2018, according to the investment bank Jefferies. Before that, there were almost no such investments. “It’s the single greatest opportunity I’ve seen in 20 years of doing venture capital,” said Damien Steel, the chief executive of Canada-based Deep Sky, which has raised more than $50 million to develop carbon dioxide removal projects. “The tailwinds behind the industry are greater than most industries I’ve ever looked at.” The group assembled by Mr Gates, known as Breakthrough Energy Ventures, is among the biggest backers of the more than 800 carbon removal companies that have been started in recent years. Others investors include Silicon Valley venture capitalists, private equity firms from Wall Street and major corporations like United Airlines. Investors believe the market is poised for explosive growth.Damien Steel, the chief executive of Deep Sky, which has raised more than $50 million to develop carbon dioxide removal projects. More than 1,000 big companies have pledged to eliminate their carbon emissions over the next few decades. As part of those efforts, more corporations are starting to pay for carbon dioxide removal. This year, Microsoft, Google, and British Airways were among the companies that committed a total of $1.6 billion to purchase removal credits. That figure was up from less than $1 million in 2019, according to CDR.fyi, a website that tracks the carbon dioxide removal industry. Next year, industry executives believe companies could spend up to $10 billion on such purchases. In a recent report, McKinsey estimated the market could be worth as much as $1.2 trillion by 2050.
The move could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election by a top court. Parliament approved the new administration in a 240-143 vote in Romania’s 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party (PSD) the centre-right National Liberal Party (PNL), the small ethnic Hungarian UDMR party and national minorities. It caps a month-long period of turmoil in which far-right nationalists made significant gains in a parliamentary election on December 1 a week after a first-round presidential race saw the far-right outsider Calin Georgescu emerge as the front-runner. “It will not be an easy mandate for the future government,” Mr Ciolacu, whose PSD party topped the polls in the parliamentary election, said in a statement. “We are aware that we are in the midst of a deep political crisis,” he said. “It is also a crisis of trust, and this coalition aims to regain the trust of citizens, the trust of the people.” Romania’s 16 ministerial positions will be shared among the parties, which will hold a slim majority in the legislature. It is widely seen as a tactical partnership to shut out far-right nationalists whose voices found fertile ground amid high living costs and a sluggish economy. Mr Ciolacu, who came third in the first-round presidential ballot despite polls indicating he would win the most votes, has served as prime minister since June 2023. After parliament’s approval, President Klaus Iohannis swore in the new government and warned the new Cabinet that it is entering a “difficult new period” in which “for many Romanians, there are major concerns”. Romania was plunged into turmoil after Mr Georgescu’s surprise success in the presidential race, after allegations of electoral violations and Russian interference emerged. Days before the December 8 run-off, the Constitutional Court made the unprecedented move to annul the presidential race. “We go through complicated times, but I think we all learned from mistakes of the past,” Mr Ciolacu said. “I hope that together with my colleagues in the coalition, we’ll find the best solutions to get past the challenges we have in front of us.” Mr Ciolacu said that the new government would aim to quickly organise the rerun of the presidential election in which the new coalition has agreed to put forward an agreed common pro-European candidate. Cristian Andrei, a political consultant based in Bucharest, said that the new government made up of the same political parties will likely embrace “soft populist” rhetoric such as economic patriotism, anti-austerity, and a peace solution in neighbouring Ukraine to counter the rise of far-right populism. “This will be a way to answer the concerns of many Romanians who voted for populists... but will not solve the fundamental problem of trust,” he said. “The only decisive factor now will be who and how convincing the pro-European candidates will be against this popular revolt.” George Simion, the leader of the far-right Alliance for the Unity of Romanians, which came second in the parliamentary election, said that all politicians from his party on Monday would vote against the Ciolacu government. In 2021, the PSD and the PNL also formed an unlikely but increasingly strained coalition together with UDMR, which exited the Cabinet last year after a power-sharing dispute.NewAmsterdam Pharma Announces Commencement of $300 Million Public Offering of Ordinary Shares and Pre-Funded Warrants
Notable quotes by Jimmy Carter
COLUMBIA, South Carolina (AP) — Victims' families and others affected by crimes that resulted in federal death row convictions shared a range of emotions on Monday, from relief to anger, after President Joe Biden commuted dozens of the sentences . Biden converted the sentences of 37 federal death row inmates to life imprisonment without the possibility of parole. The inmates include people convicted in the slayings of police and military officers, as well as federal prisoners and guards. Others were involved in deadly robberies and drug deals. Three inmates will remain on federal death row: Dylann Roof , convicted of the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; the 2013 Boston Marathon Bomber, Dzhokhar Tsarnaev , and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Opponents of the death penalty lauded Biden for a decision they'd long sought. Supporters of Donald Trump , a vocal advocate of expanding capital punishment, criticized the move weeks before the president-elect takes office. Victims' families and former colleagues share relief and anger Donnie Oliverio, a retired Ohio police officer whose partner, Bryan Hurst, was killed by an inmate whose death sentence was commuted, said the killer's execution "would have brought me no peace.” “The president has done what is right here,” Oliverio said in a statement also issued by the White House. But Hurst’s widow, Marissa Gibson, called Biden's move distressing and a "complete dismissal and undermining of the federal justice system,” in a statement to The Columbus Dispatch . Tim Timmerman, whose daughter, Rachel, was thrown into a Michigan lake in 1997 to keep her from testifying in a rape trial, said Biden's decision to commute the killer's sentence offered families “only pain.” "Where’s the justice in just giving him a prison bed to die comfortably in?” Timmerman said on WOOD-TV. Heather Turner, whose mother, Donna Major, was killed in a 2017 South Carolina bank robbery, called the commutation of the killer's sentence a “clear gross abuse of power” in a Facebook post. “At no point did the president consider the victims,” Turner wrote. “He, and his supporters, have blood on their hands.” Corey Groves, whose mother, Kim Groves, was murdered in a 1994 plot by a New Orleans police officer after she filed a complaint against him, said the family has been living with the “nightmare” of her killer for three decades. “I have always wanted him to spend the rest of his life in prison and have to wake up every morning and think about what he did when he took our mother from us," Groves said in a statement through his attorney. Decision to leave Roof on death row met with conflicting emotions Families of the nine people killed and the survivors of the massacre at the Mother Emanuel AME Church have long had a broad range of opinions on Roof's punishment. Many forgave him, but some say they can’t forget and their forgiveness doesn’t mean they don’t want to see him put to death for what he did. Felicia Sanders survived the shooting shielding her granddaughter while watching Roof kill her son, Tywanza, and her aunt, Susie Jackson. Sanders brought her bullet-torn bloodstained Bible to his sentencing. In a text message to her lawyer, Andy Savage, Sanders called Biden’s decision to not spare Roof’s life a wonderful Christmas gift. Michael Graham, whose sister, Cynthia Hurd, was killed, told The Associated Press that Roof’s lack of remorse and simmering white nationalism in the country means he is the kind of dangerous and evil person the death penalty is intended for. “This was a crime against a race of people," Graham said. “It didn’t matter who was there, only that they were Black.” But the Rev. Sharon Risher, who was Tywanza Sanders’ cousin and whose mother, Ethel Lance, was killed, criticized Biden for not sparing Roof and clearing out federal death row. “I need the President to understand that when you put a killer on death row, you also put their victims' families in limbo with the false promise that we must wait until there is an execution before we can begin to heal,” Risher said in a statement. Risher, a board member of Death Penalty Action, which seeks to abolish capital punishment, said during a Zoom news conference that families “are left to be hostages for the years and years of appeals that are to come.” Abraham Bonowitz, Death Penalty Action’s executive director, said Biden was giving more attention to the three inmates he chose not to spare, something they all wanted as a part of their political motivations to kill. “When Donald Trump gets to execute them what will really be happening is they will be given a global platform for their agenda of hatred,” Bonowitz said. Politicians and advocacy groups speak up Biden had faced pressure from advocacy organizations to commute federal death sentences, and several praised him for taking action in his final month in office. Anthony D. Romero, executive director of the ACLU, said in a statement that Biden has shown "the brutal and inhumane policies of our past do not belong in our future.” Republicans, including Sen. Tom Cotton of Arkansas, criticized the move — and argued its moral ground was shaky given the three exceptions. “Once again, Democrats side with depraved criminals over their victims, public order, and common decency,” Cotton wrote on X. “Democrats can’t even defend Biden’s outrageous decision as some kind of principled, across-the-board opposition to the death penalty since he didn’t commute the three most politically toxic cases.” One inmate's attorney expresses thanks — and his remorse Two men whose sentences were commuted were Norris Holder and Billie Jerome Allen, on death row for opening fire during a 1997 bank robbery in St. Louis, killing a guard, 46-year-old Richard Heflin. Holder’s attorney, Madeline Cohen, said in an email that Holder, who is Black, was sentenced to death by an all-white jury. “Norris’ case exemplifies the racial bias and arbitrariness that led the President to commute federal death sentences,” Cohen said. “Norris has always been deeply remorseful for the pain his actions caused, and we hope this decision brings some measure of closure to Richard Heflin’s family.” But Ed Dowd Jr., the U.S. attorney in St. Louis at the time of the robbery and now a private attorney, criticized Biden's move. “This case was a message to people who wanted to go out and shoot people for the hell of it, that you’re going to get the death penalty,” Dowd said. Now, "Biden is sending a message that you can do whatever you want and you won’t get the death penalty.” ___ This story has been updated to correct the spelling of Rev. Sharon Risher's name. ___ Swenson reported from Seattle. Associated Press writers Sara Cline in Baton Rouge, Louisiana; Jim Salter in O'Fallon, Missouri; Stephen Smith in New Orleans, and Corey Williams in Detroit contributed. Jeffrey Collins And Ali Swenson, The Associated PressAustralia dumps plan for fines for social media giants enabling misinformation
Clean energy investors have endured yet another torrid year as traders continue shunning the alternative energy sector. The solar sector, in particular, highlights the negative sentiment pervading renewable energy investing: According to a by the Solar Energy Industries Association (SEIA), the U.S. is on track to add close to 40 gigawatts of solar energy capacity in 2024--more than double last year’s tally and more than triple what was added in 2022. The solar sector is clearly booming, yet solar stocks have badly underperformed, with the sector’s popular benchmark, (NYSEARCA:TAN), having returned -35.3% YTD vs. 24.3% by the . The upcoming Trump presidency is considered bearish for renewable energy investing. For years, Trump has never hidden his disdain for clean energy, repeatedly lambasting Biden’s historic (IRA), describing it as the “biggest tax hike in history”. Trump has pledged to rescind any “unspent” funds under the IRA after he ascends to the Oval Office. However, there are some pockets within the renewable energy universe that are looking quite promising. Here are 3 renewable energy stocks that outperformed in the current year and could do it again in 2025. (NASDAQ:WAVE) is a wave energy company that develops wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. WAVE shares have been surging after the company from the U.S. Army Corps of Engineers for its wave energy project at the Port of Los Angeles in California. The company will install eight wave energy floaters on the piles of an existing concrete wharf structure on the east side of the port's Municipal Pier One. According to Eco Wave, securing the final permit marks the completion of two key milestones in its agreement with (NYSE:SHEL) which is expected to boost the company's revenues in Q4 2024. Related: European Gas Prices Soar as Putin Says a New Ukraine Transit Deal Is Unlikely Europe is the global leader in blue energy, with of global investments in ocean energy over the last decade flowing into the continent. That’s great news for Eco Wave Power because the company is well-established in the region. Indeed, the company’s first operational wave energy plant was developed in Gibraltar with EU funding. Eco Wave Power is currently developing a 20 MW wave energy project in Porto, Portugal as part of the country’s plan to generate 85% of its electricity from renewable sources by 2030. Eco Wave Power established a subsidiary in Portugal in 2020 and kicked off the licensing process. In March 2024, the company to start construction and committed to completing the project within two years. One of the newer companies in the space, (NYSE:GEV) was incorporated in 2023 after being spun off from (NYSE:GE). This Cambridge, Massachusetts-based company deals in energy equipment manufacturing and services. GE Vernova operates under Power, Wind, and Electrification segments. The company is well-positioned to profit from sustained growth trends as a supplier of power generation assets. Two weeks ago, GE Vernova for FY 2024 revenues and free cash flow, and also raised guidance for 2025 revenues, free cash flow and adjusted EBITDA margin. The company now sees FY 2024 revenues trending towards the higher end of guidance of $34B-$35B; adjusted EBITDA margin of 5.5%-6.0%, narrowed from its previous outlook for 5%-7%; and free cash flow trending towards higher end of $1.3B-$1.7B guidance. For FY 2025, GE Vernova has forecasts revenue in the range of $36B-$$37B, up from prior guidance of mid-single digit growth implying revenues of $35B-$37B; adjusted EBITDA margin of high-single digits and free cash flow of $2B-$2.5B, up from $1.2B-$1.8B previously. " ," GE Vernova CFO Ken Parks said. (NASDAQ:TSLA) is one of the largest manufacturers of electric vehicles on the planet. TSLA stock is trading close to an all-time high with the strong bullish vibe being driven by the view that the Elon Musk-led company will benefit from a Trump Administration that will be friendly to the process of securing autonomous vehicle approvals as it looks to grow the robotaxi fleet rapidly over the next two years. However, Wall Street is more cautious about the shares, assigning TSLA a Hold rating and an average price target of only $259.66, considerably lower than the current price of $421.44. Some bears have pointed out that a similar monster rally in 2021 was followed by a drop of more than 70% over the next 18 months.Nickel's Price Plunge: Indonesian Dominance Shakes Global Markets
TOKYO, Dec 30 — Japan’s national high school football tournament is thriving after more than 100 years, attracting huge crowds, millions watching on TV and breeding future stars, despite professional clubs trying to lure away young talent. The annual tournament kicked off yesterday and is still regarded as the pinnacle of amateur football with young players dreaming of playing in the final in front of tens of thousands at the National Stadium in Tokyo. Matches are a massive occasion for the whole school as student cheering squads wave flags, bang drums and roar on their teams in a spectacle of noise and colour. “All the teams are at a similar level of technical ability so it’s about who wants to win the most,” 18-year-old Junpei Fukuda, the leader of Ryutsukeizai University Kashiwa High School’s cheering squad, told AFP. “We want our voices to be the loudest.” Unlike in Europe, where young players are snapped up by professional club academies, high school football in Japan still attracts elite talent. Many go on to the professional game and play for their country with current Japan stars such as Daizen Maeda and Reo Hatate of Celtic and Crystal Palace’s Daichi Kamada all having played high school football. The landscape has begun to change in recent years, with more top young players turning their backs on the high school game and joining the youth teams of top-flight J. League clubs instead. The school tournament’s quality has taken a hit as a result, but its magic endures for many. Ryutsukeizai Kashiwa midfielder Kanaru Matsumoto, who will turn professional with the J. League’s Shonan Bellmare next year, said the tournament was “the stage I’ve aspired to play on ever since I was little”. “The main reason I came to this school was because I thought I could play at the national high school tournament here,” the 17-year-old said. Millions tune in The national high school tournament was first played in 1917, long before professional football came to Japan with the J. League in 1993. Teams from each of Japan’s 47 prefectures, with two from Tokyo, compete in a knockout competition over 18 days with matches played in and around the capital. All games are televised locally and the semi-finals and final are broadcast to a national audience, with millions tuning in. Last season’s final in Tokyo was played in front of 55,000 fans, comfortably eclipsing most J. League attendances. High school baseball and rugby tournaments are also popular and football journalist Masashi Tsuchiya said it was because school sports strike a chord in Japan. “I’m from Gunma Prefecture and I always support the Gunma team, even if it isn’t my old high school’s team,” he said. “It’s a tournament that places importance on local pride and old school ties.” Not all players who appear at the tournament have ambitions to play at the top level. Some play on at university only, while others give up the sport after graduating from high school. Ryutsukeizai Kashiwa manager Masahiro Enomoto said the tournament marks a transition after three years together as a team. “It’s where kids, who have worked really hard for something, become adults,” he said. Floods of tears TV broadcasts of games go beyond events on the pitch, delving into the players’ back stories, playing up emotional bonds and featuring scenes of beaten teams in floods of tears. “Japanese people love that kind of drama more than they think about the quality of the football,” said Enomoto, even though the standard remains undoubtedly high. School sides still hold their own against J. League youth teams, who are increasingly regarded as a better route to the professional game. The nationwide Prince Takamado Under-18 Premier League features a roughly even split of high school and J. League youth teams, and Ohzu High School were crowned this year’s champions. Tsuchiya said high school football should not be thought of only as a stepping stone to the top. “Yes, you can watch it for the quality of football and the quality of the players,” he said. “But you can also just enjoy watching the kids give everything they’ve got to try to win each game.” — AFP#16to365: New resources for year-round activism to end gender-based violence and strengthen bodily autonomy for allBy Leah Nylen and Jaewon Kang | Bloomberg A judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. , finding the takeover would lessen competition for US grocery shoppers, in a ruling that marks a likely death knell for the deal. In a decision filed in Oregon federal court Tuesday, US District Judge Adrienne Nelson found in favor of the US Federal Trade Commission. The agency had argued that the proposed tie-up violates US antitrust law and that a division of hundreds of stores to C&S Wholesale Grocers Inc. wouldn’t do enough to replace the lost competition. Also see: Biggest question from Kroger-Albertsons trial: What’s a grocery store? “There is ample evidence that the division is not sufficient in scale to adequately compete with the merged firm and is structured in a way that will significantly disadvantage C&S as a competitor,” Nelson wrote. “The deficiencies in the disvestiture scope and structure create a risk that some or all of the divested stores will lose sales or close, as has happened in past C&S acquisitions.” Nelson’s decision is a major victory for the FTC and its outgoing Chair Lina Khan, who came under harsh criticism from conservatives and business groups for stepped-up antitrust enforcement under the Biden administration. “Today’s win protects competition in the grocery market, which will prevent prices from rising even more,” said FTC spokesperson Douglas Farrar. “This statement makes it clear that strong, reality-based antitrust enforcement delivers real results for consumers, workers, and small businesses.” Also see: Albertsons would have shed these 63 California stores A C&S Wholesale spokesperson said the company is disappointed by the court’s decision and that it looks forward to seeing how Kroger and Albertsons will determine the next steps of the proposed deal. Kroger and Albertsons didn’t immediately respond to requests for comment. Attorneys for the companies have said the acquisition would probably be called off if the judge ruled against the deal. Kroger shares jumped as much as 6.1% in New York trading on Tuesday, extending earlier gains. Albertsons slumped as much as 10%. Specific Market Nelson agreed with the FTC that supermarkets constitute a specific market, countering the companies’ argument that the market extends to online retailers like Amazon.com Inc. “Supermarkets are distinct from other grocery retailers,” Nelson wrote. “Supermarkets offer a larger selection of fresh and non-perishable items, a one-stop shopping experience that appeals to a particular consumer’s preference to meet all their grocery needs in one location, and a customer service focus with deli, bakery, meat, and other specialized departments.” The ruling marks a disappointing end to a two-year odyssey by Kroger and Albertsons, which sought to become a bigger player with a more substantial national footprint to better compete against larger, non-unionized rivals including Walmart Inc. Kroger and Albertsons agreed to combine in October 2022 in what would have been the biggest US grocery deal in history, bringing together more than 4,000 stores across 48 states and Washington, DC. Kroger will likely turn its focus back to improving and investing in its existing network of about 2,750 stores. Albertsons, on the other hand, could emerge again as a deal target, but is expected in the near term to invest in its roughly 2,270 stores and technology. The proposed deal has been a political hot potato, drawing pushback from elected officials, union groups and consumer advocacy firms. The companies vowed to spend $1 billion to cut prices, $1.3 billion to improve store conditions and $1 billion to raise worker wages and benefits following the deal. The FTC has increased antitrust enforcement under the Biden administration, though the results in court have been mixed. The FTC lost a challenge to Microsoft Corp.’s acquisition of Activision Blizzard Inc. and won against Illumina Inc. over its purchase of startup Grail and against Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings Inc. Arguments The companies and the agency fought their case in court for three weeks over the summer in Oregon, as grocery inflation came back into the political spotlight ahead of the US presidential election. Grocery inflation hit a four-decade high in 2022 due to higher costs of labor, transportation and ingredients. Price increases have moderated and are expected to stay within historical ranges, though many American shoppers still say expensive groceries continue to squeeze their ability to spend. The FTC argued that the deal would harm consumers by eliminating competition on prices and quality, making the combined entity less likely to improve its services by offering flexible hours and pickup services. It said the grocers would have more leverage over workers, which would slow wage growth and worsen benefits, and that the proposed divestiture would be inadequate. The agency tried to depict Kroger and Albertsons as the most direct competitors. It said the deal would combine the two largest “traditional supermarkets” in a market that includes Walmart and Target, but does not include Amazon, Costco, Aldi and dollar stores. The companies argued that such a definition is “antiquated” and no longer describes how people shop and pointed to various changes they have made in response to newer threats. The grocers also said joining forces would help them increase market share and improve technology to compete with Amazon, Walmart and other companies. The case is Federal Trade Commission v. Kroger Co., 24-cv-00347, US District Court, District of Oregon (Portland). Related Articles Retail | Fear of Trump tariffs sending Americans into debt as pantry stockpiling rises Retail | Costco’s popular Kirkland diapers shifting suppliers Retail | Cyber Monday shoppers expected to set a record on the year’s biggest day for online shopping Retail | SunFed cucumbers and Costco eggs recalled due to potential salmonella contamination Retail | Gifting on a budget: 5 secrets to being generous without going brokeWilson throws for 2 touchdowns as Steelers cruise past mistake-prone Browns 27-14
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'Lifted up with positivity': DV recovers from disastrous start, beats MVP in state quarterfinalsWhy Viking Ocean Cruises Are A Smart Choice For Solo Female TravelersEASTON, Pa. (AP) — Louie Semona scored 15 points off of the bench to lead Stonehill over Lafayette 70-65 on Sunday. Semona had six rebounds for the Skyhawks (8-7). Hermann Koffi scored 13 points, shooting 4 for 8 (2 for 5 from 3-point range) and 3 of 4 from the free-throw line. Josh Morgan had 13 points and shot 4 of 9 from the field, including 1 for 3 from 3-point range, and went 4 for 4 from the line. The Leopards (5-8) were led by Caleb Williams, who recorded 15 points. Lafayette also got 14 points, 11 rebounds and three blocks from Justin Vander Baan. Alex Chaikin also recorded 12 points, two steals and two blocks. Stonehill went into the half leading Lafayette 28-27. Semona put up seven points in the half. Stonehill used a 7-0 second-half run erase a five-point deficit and take the lead at 47-45 with 11:20 remaining in the half before finishing off the victory. Todd Brogna scored nine second-half points. The Associated Press created this story using technology provided by and data from .
Michal_edo/iStock via Getty Images It is Christmastime, and those of us who tend to procrastinate on gift shopping may be out searching for last-minute bargains to stuff stockings for our loved ones for Christmas morning. For dividend growth stock ( If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor. We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 reviews. Our members are profiting from our high-yielding strategies, and you can join them today at our lowest rate ever offered. You won't be charged a penny during the free trial, so you have nothing to lose and everything to gain. Start Your 2-Week Free Trial Today! Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning. Samuel leads the High Yield Investor investing group. Samuel teams up with Jussi Askola and Paul R. Drake where they focus on finding the right balance between safety, growth, yield, and value. High Yield Investor offers real-money core, retirement, and international portfolios. The service also features regular trade alerts, educational content, and an active chat room of like-minded investors. Learn more Analyst’s Disclosure: I/we have a beneficial long position in the shares of EPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PDCO, NURO, PWOD, CARA on Behalf of Shareholders
Albertsons $24.6 billion merger with Kroger blocked by judge
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