Apple Cash: How to use it to send and receive moneyU.S. president-elect Donald Trump and those in his corner continue to muse about annexing Canada, though Canadian officials have largely sidestepped those comments. In a post on the social media platform X, Eric Trump shared a doctored photo of his father purchasing Canada, Greenland and the Panama Canal on Amazon, with the phrase “We are so back!!!” Since winning the presidential election in November, Trump has repeatedly referred to Canada as the “51st state.” On Trump’s Truth Social platform, he’s also repeatedly referred to Prime Minister Justin Trudeau as the “governor” of Canada. Trump has also threatened 25 per cent tariffs against Canada, which has prompted discussions at both the federal and provincial levels on the best way to deal with the incoming Trump government. Carleton University professor Aaron Ettinger said federal officials have rightly been dismissing the social-media posts and maintained a “focus like a laser beam” on the real and “existential threat” of tariffs. “This strikes me as being profoundly unserious,” said Ettinger, who has studied Canada-U.S. relations during the first Trump presidency. “These are taunts; these are churlish provocations that are not mature, and do not reflect just how serious the coming trade war is,” he said. Ettinger said Trump is likely continually posting about Canada because it plays well to his supporters, without being seen as a real threat of annexation. “We know his moves. He makes fun of, he belittles, he mocks, because he can,” he said. But he said that a vacuum of leadership in Ottawa from embattled Prime Minister Justin Trudeau is spurring “the freelancing of some of the provincial leaders” in response to Trump’s comments. For example, Ontario Premier Doug Ford weighed in on Trump’s postings on Dec. 18, telling media that “we’ll never be the 51st state. We’re Canada; we’re proud to be Canadians. We’ll always fight for that.” Ettinger said civil society is similarly better to focus on convincing Americans to not impose damaging tariffs on Canada, instead of amping up anti-Trump rhetoric. “Canadians should worry first about what Canada’s actual national interests are,” he said. “We’re not going to out-trash talk Donald Trump, so don’t even bother trying and focus instead on the core stuff that really matters.” In response to Trump’s threats, the Trudeau Liberal government has unveiled a $1.3 billion spending package over six years to address Trump’s threats, which concern border security and the flow of illegal drugs into the United States. Canada’s ambassador to the U.S. Kirsten Hillman has repeatedly characterized Trump’s comments as gentle ribbing between two close countries. Foreign Affairs Minister Mélanie Joly said on Dec. 13 that she has quipped to Republican senators that they could join Canada as the eleventh province. Greenland’s head of government, Múte Bourup Egede, suggested that Trump’s latest calls to purchase the territory from Denmark would be as meaningless as those made in his first term. “Greenland is ours. We are not for sale and will never be for sale,” he said in a statement. “We must not lose our years-long fight for freedom.” Panama President José Raúl Mulino has also rebuffed Trump’s musing about taking over the Panama Canal. “Every square metre of the canal belongs to Panama and will continue to,” he said in a video, to which Trump fired back on his social media site, “We’ll see about that!”
Near Infrared Imaging Market to Reach USD3.2 Billion by 2034 with a 3.9% of CAGR 12-24-2024 06:12 PM CET | Health & Medicine Press release from: Future Market Insights Near Infrared Imaging Market The global near infrared (NIR) imaging market is set to experience steady growth over the coming decade, with its valuation expected to rise from USD 2.2 billion in 2024 to USD 3.2 billion by 2034. This growth trajectory represents a compound annual growth rate (CAGR) of 3.9% over the forecast period. The market's expansion reflects the increasing adoption of NIR imaging technology in medical diagnostics, surgical procedures, and preclinical research. The progression of the market from USD2.1 million in 2022 to a projected USD2.2 billion in 2024 highlights the significant investment and demand for advanced imaging solutions. Near infrared imaging, known for its ability to provide clear, real-time images of tissues, blood vessels, and lymph nodes, has become an indispensable tool in cancer surgery, vascular imaging, and tissue analysis. The technology's non-invasive nature, coupled with its precision, is driving its adoption in clinical and research settings. Request a Sample of this Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-18251 As healthcare providers seek to enhance surgical precision and reduce complications, NIR imaging is gaining momentum as a vital component of image-guided surgery. The rising prevalence of cancer and the growing need for minimally invasive procedures are further propelling demand. Key stakeholders, including hospitals, research institutions, and biotech firms, are investing heavily in the development of next-generation NIR imaging systems. Key Takeaways The global near infrared imaging market is projected to grow from USD2.2 billion in 2024 to USD3.2 billion by 2034, with a CAGR of 3.9%. The market's growth from USD2.1 million in 2022 to USD2.2 billion in 2024 underscores rising demand for NIR imaging technology. Near infrared imaging is increasingly being adopted for cancer surgery, vascular imaging, and tissue analysis due to its real-time, non-invasive imaging capabilities. Rising demand for minimally invasive procedures and growing healthcare investments are driving the development of next-generation NIR imaging systems. As advancements in medical imaging technology continue, near infrared imaging is set to play an essential role in improving diagnostic accuracy, surgical outcomes, and patient care. This growing market reflects the shift toward precision medicine and the development of cutting-edge imaging tools in modern healthcare. Market Drivers Advancements in Imaging Technology: Continuous improvements in near infrared imaging technology are enhancing diagnostic capabilities, making it a preferred choice in various medical applications. Increasing Demand for Non-Invasive Procedures: The non-invasive nature of near infrared imaging techniques is driving their adoption in clinical settings, particularly for surgical guidance and diagnostics. Growing Prevalence of Chronic Diseases: The rising incidence of conditions such as cancer and cardiovascular diseases is boosting the demand for effective imaging solutions, including near infrared technologies. Rising Awareness and Acceptance: Increased awareness among healthcare professionals and patients about the benefits of near infrared imaging is contributing to market growth. Government Initiatives and Funding: Supportive government policies and funding for medical research are facilitating advancements in near infrared imaging technologies. Regional Insights North America: Expected to dominate the market due to advanced healthcare infrastructure and high rates of chronic diseases. Asia-Pacific: Anticipated to exhibit significant growth driven by increasing healthcare expenditures and a growing population. Challenges High Costs of Equipment: The cost associated with advanced near infrared imaging systems may limit accessibility for some healthcare facilities. Regulatory Hurdles: Navigating regulatory requirements for new imaging technologies can pose challenges for manufacturers. Competitive Landscape in the Near Infrared Imaging Market The key players are increasingly leveraging the benefits of collaborations. Manufacturers are taking advantage of partnerships with hospitals, mergers with other manufacturers in the market, acquisitions, and more collaborative strategies. The pharmacy automation market does not feature highly dominant manufacturers. Instead, the market is fragmented, with several key players enjoying their share. Manufacturers are also receiving increasing approvals from several governments to enhance their pharmaceutical infrastructure for medical purposes. Recent Developments in the Near Infrared Imaging Market In 2023, Quest Medical Imaging launched its NIR-II Fluorescence Imaging System, providing high-resolution imaging in the second near-infrared (NIR-II) window. This system offers deeper tissue penetration and reduced scattering compared to traditional NIR imaging systems. In 2022, Leica Microsystems launched its NIR Fluorescence Imaging System, designed for use in both clinical and research settings. The system offers high-resolution imaging and compatibility with a wide range of NIR dyes. In 2023, Medtronic (Visionsense) received FDA approval for its NIR Fluorescence Imaging System, designed for use in minimally invasive spine surgery. The system aids in visualizing nerve structures and blood vessels. In 2022, Stryker received FDA clearance for its SureView NIR Imaging System, designed for use in minimally invasive surgical procedures. The system incorporates NIR technology to enhance visualization of blood flow and perfusion during surgery. Near Infrared Imaging Market Key Players Quest Medical Imaging B.V. Stryker KARL STORZ SE & Co. KG Olympus Hamamatsu Photonics K.K. Mizuho Medical Co, Ltd. Shimadzu Corporation Leica Microsystems Medtronic PerkinElmer, Inc. Carl Zeiss Meditec Fluoptics Key Segments By Product Type: Devices Near-infrared Fluorescence Imaging Systems Near-infrared Fluorescence & Bioluminescence Imaging Systems Reagents Indocyanine Green (ICG) Other Reagents By Application: Preclinical Imaging Cancer Surgeries Gastrointestinal Surgeries Cardiovascular Surgeries Plastic/Reconstructive Surgeries Other Applications By End Use: Hospitals & Clinics Pharmaceutical & Biotechnology Companies Research Laboratories By Region: North America Latin America Europe South Asia East Asia Oceania Middle East and Africa (MEA) Explore FMI's Related Ongoing Coverage on Healthcare Market Insights Domain: Direct-to-Consumer Genetic Testing Market - https://www.futuremarketinsights.com/reports/direct-to-consumer-genetic-testing-market Biotherapeutics Virus removal filters Market - https://www.futuremarketinsights.com/reports/biotherapeutics-virus-removal-filters-market Oncology Information Systems Market - https://www.futuremarketinsights.com/reports/oncology-information-systems-market About Future Market Insights (FMI) Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Contact Us: Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-347-918-3531 For Sales Enquiries: sales@futuremarketinsights.com Website: https://www.futuremarketinsights.com LinkedIn| Twitter| Blogs | YouTube This release was published on openPR.Lakehead District School Board highlights its successes
Flagg's growth, Broome's consistency show in matchup of AP All-Americans
Ellen DeGeneres and her wife Portia de Rossi have reportedly left the United States for good, putting their Montecito home up for sale and relocating to the U.K., eager to “get the hell” out of America after Donald Trump’s second presidential win. Multiple reports, notably in The Wrap and TMZ , say that DeGeneres and de Rossi have settled into a new home in the Cotswolds — a region of semi-rural rolling hills and picturesque English villages about two hours southwest of London. TMZ reported that the couple bought their home in the Cotswolds prior to the election, but Trump’s Nov. 5 victory over Kamala Harris left them “disillusioned” about life in America under an incoming Republican administration. The former daytime talk show host and her actor wife became determined to “get the hell out,” a source told TMZ. The Wrap also said that Trump’s victory was a “catalyst” for the couple’s move and said they “plan to never return to the United States.” The Wrap added that DeGeneres also is in need of a “fresh start” for her life and her career. The comedian has been open about being “kicked out of show business” in her recent standup show, after she faced reports in 2022 of presiding over toxic workplace behavior at her syndicated “Ellen” show. DeGeneres was a vocal supporter of Vice President Kamala Harris and donated $3,300 to her campaign, TMZ reported, though she didn’t do campaign appearances for her like her Montecito neighbors, Oprah Winfrey and Katy Perry, did. After Joe Biden decided to not seek re-election and designated Harris as his chosen successor on the Democratic ticket, DeGeneres wrote on social media, “There’s nothing more powerful than a woman whose time has come!! I can’t wait for @KamalaHarris to be our next president.” But just two weeks into Trump’s transition, news has broken that DeGeneres is moving to divest herself of some properties in her extensive Southern California real estate portfolio. Notably, there’s her prime residence, a sprawling Montecito property that she bought in 2019, The Wrap reported. The Wrap said the estate is being offered off market, though it could be listed more broadly soon. A representative for Riskin Partners, the luxury real estate company DeGeneres retains, did not immediately respond to a request for comment Wednesday. While the Daily Beast reported that DeGeneres sold a separate Santa Barbara home a few months earlier for a whopping $96 million, The Wrap said it’s not clear what will happen to her other properties. By moving to the Cotswolds, sometimes known as the “heart of England,” DeGeneres and de Rossi are replicating some of what they had in Montecito — establishing a home in a desirable scenic place about two hours from a major world city. Like Montecito, the Cotswolds has become a popular destination for celebrities to establish country homes. DeGeneres and de Rossi’s new neighbors in the Cotswolds include such A-listers as David and Victoria Beckham, Kate Moss, Patrick Stewart, Elizabeth Hurley and Stella McCartney, the Daily Mail reported . Kate Winslet also had a mansion in the Cotswolds at one point, though it’s unclear if she still lives there, while Hugh Grant has been rumored for years to have a small hideaway in the area. As in Montecito, DeGeneres and de Rossi also would be in proximity to British royalty. In Montecito, they lived near Prince Harry and Meghan Markle, who moved there in 2020 after leaving royal life. Harry and Meghan also briefly leased a home in the Cotswolds after they married in 2018. But in moving to the Cotswolds, the couple’s new royal neighbor would be at the top of the royal line. King Charles III has long had a country home, Highgrove House, in Gloucestershire, one of the counties included in the Cotswolds. In DeGeneres’s recent Netflix standup show, “For Your Approval,” she hinted that she might be ready for the more simple, country pleasures that one can find in the Cotswolds. She joked about how she was spending her time at home in Montecito, after ending her daytime talk show in the walk of the toxic workplace scandal. “I decided to take up gardening,” DeGeneres said. “I got chickens. Let me see what else I can tell you about what’s been going on ... Oh yeah, I got kicked out of show business ... Yeah, the ‘be kind’ girl wasn’t kind. That was the headline.”Video Of Men Casually Carrying Tiger On Elephant’s Back Leaves Internet With Questions: Incident Explained
IPL 2025 Auctions: All you need to knowStock market today: Wall Street rises at the start of a holiday-shortened week
Hicksville, NY Campus Expected to Commence Operations late 2026 Parsippany, NJ, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, today announced that it has signed a lease for a new campus in Hicksville, New York, representing the Company's second campus in New York and 11 th in the tri-state area. The campus demonstrates a commitment to its strategic growth plan, and follows the successful launch of the Company's newest campus in East Point, Georgia earlier this year. The Hicksville campus is expected to commence operations towards the end of 2026 and will focus on preparing students for hands-on careers in high-demand industries. The 65,000 square-foot training center will offer specialized career training in automotive, welding, HVAC and electrical and electronics fields. This new facility will increase Lincoln's presence in the tri-state, complementing its closest flagship automotive campus in Queens, New York which has been operating for nearly 20 years. With demand for approximately 54,000 talented automotive technicians by 2030, the State of New York is certainly a region with abundant employment opportunities to meet strong student demand. 1 "Our 11 th campus in the tri-state area is an exciting development and represents significant growth potential for Lincoln as we plan to leverage our brand name in the region where we have successfully operated for over 75 years and have seen thousands of students graduate and start careers in in-demand fields,” commented Scott Shaw, President and CEO. "Our recently launched campus in East Point, Georgia has generated tremendous interest, and its performance has exceeded our expectation as it became profitable within its first year of operations. We plan to deploy and incorporate the same 'wow' factor at the Hicksville campus to deliver exceptional training in a state-of-the-art facility, featuring modern classrooms and equipment. The East Point performance is very encouraging and we are optimistic that the Hicksville campus also has great potential.” 1 National Center for O*NET Development. New York Employment Trends: 49-3023.00 - Automotive Service Technicians and Mechanics. O*NET OnLine. Retrieved January 9, 2023, from https://www.onetonline.org/link/localtrends/49-3023.00?st=NY&g=Go ### About Lincoln Educational Services Corporation Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946 and currently operates 22 campuses in 14 states. For more information, go to lincolntech.edu. CONTACT: Scott Watkins, VP Marketing Lincoln Tech 973.766.9656 [email protected]SUNBURY — Shikellamy students had the opportunity to listen to a 23-year-old New Jersey genealogist who helped the state police solve the oldest cold case in the state. Shikellamy Police Chief Shawn Williams was able to get Eric Schubert, now of Lancaster, to speak to the law enforcement club last week about how he helped troopers, including Williams, a retired corporal in the state police, solve the 57-year-old cold case of 9-year-old Marise Chiverella by matching DNA to a deceased suspect. Chiverella was found dead March 18, 1964, in a strip mine pit, near Hazleton, Luzerne County, police said. State police said James Paul Forte, 38, a bartender with a history of sexual assault, kidnapped the child, then raped and killed her. Police said Forte died of natural causes in 1980. Police said Forte, who was 22 at the time of the murder, had no known connection to the little girl or her family. State police said the girl left her home on March 18 and was taken by Forte. The case remained open for 57 years and thanks to Schubert, a DNA match was discovered and it was a perfect match to Forte whose DNA was discovered on the child's body. Generations of state police investigators pursued Marise’s killer — more than 230 members of the department were involved in the probe at one time or another — but Forte’s name did not come up until 2020. By that time, new DNA technology had established a distant family connection to Forte, and Schubert, a college student at the time and expert in genetic genealogy who had volunteered to work the case, put together an extensive family tree that helped investigators narrow their suspect list. Schubert told Shikellamy students on Friday he began researching genetic genealogy when he was 8 years old. In early 2020, Schubert said he saw newspaper articles on the case and offered his assistance to Pennsylvania State Police. Troopers said they checked into Schubert’s background and discovered he had helped other law enforcement across the country in cold cases. Schubert was introduced to the case and met Williams who had been working with the Luzerne County District Attorney’s Office in 2019, with Deputy District Attorney Dan Zola and several other state troopers. After narrowing down the suspect list, Forte's body was exhumed from a cemetery near Hazleton and DNA was taken, police said. "This was a great opportunity for me that I don't really get," Schubert said about speaking to the students inside the Shikellamy High School auditorium via Zoom. "They were so interested in everything and I loved it because I remember sitting in their seats and listening to people speak who inspired me." Williams said more than 100 students participated in the session. "The Law Enforcement Club presentation by Eric Schubert was extremely interesting and on point," he said. "Not only did we discuss a cold case homicide and his involvement in solving the case but Eric also related his life successes and career pathway to a generation of students closer to his age. Eric's story, to get where he is, was very inspirational to our students. His mindset is to not let anything or setbacks stand in your way, that was his message." Williams said the presentation also utilized technology. "It was important to open up this presentation to not only law enforcement members but to science-minded individuals in our school. We included Mrs. Katie Wolfgang's honors biology class and they were in attendance for this presentation," Williams said. Assistant Principal Stephen Hafele said it was a great learning experience for students. "It was a wonderful opportunity for our students to have an in-depth look into some of the methods to solving crimes," he said. "The genealogical methods shared by Eric and the connection to science was great for our Honors Biology students to make real-world connections to what they are learning."Jack Eichel says Team USA seeks to prove it has closed the gap on Canada at 4 Nations Face-Off
Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) — Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis swore in the new government on Monday night. Government regulators close investigation into Ford Focus recalls Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software that didn’t adequately detect when it was stuck open. Ford fixed the software in two separate recalls, but after cars continued to stall, the government opened an inquiry last year. Earlier this fall, Ford offered to replace the canister purge valve on all of the vehicles, satisfying regulators' concerns. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMÉNEZ, Costa Rica (AP) — A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction.
Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. On Tuesday: The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04. The Dow Jones Industrial Average rose 390.08 points, or 0.9%, to 43,297.03. The Nasdaq composite rose 266.24 points, or 1.3%, to 20,031.13. The Russell 2000 index of smaller companies rose 22.42 points, or 1%, to 2,259.85 For the week: The S&P 500 is up 109.19 points, or 1.8%. The Dow is up 456.77 points, or 1.1%. The Nasdaq is up 458.53 points, or 2.3%. The Russell 2000 is up 17.48 points, or 0.8%. For the year: The S&P 500 is up 1,270.21 points, or 26.3%. The Dow is up 5,607.49 points, or 14.9%. The Nasdaq is up 5,019.77 points, or 33.4%. The Russell 2000 is up 232.78 points, or 11.5%.
JJ Redick's Positive Impression About Dorian Finney-Smith Resurface After Lakers-Nets Trade Deal
ST. HELENA, Calif.--(BUSINESS WIRE)--Dec 5, 2024-- The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today reported its financial results for the three months ended October 31, 2024. First Quarter 2025 Highlights Net sales were $122.9 million, an increase of $20.4 million, or 19.9%, versus the prior year period. Excluding Sonoma-Cutrer, net sales declined $8.4 million or 8.2%. Net sales were negatively impacted by one-time inventory transfers, as outgoing distributors in certain states transferred unsold inventory to the new distributors in those jurisdictions. Gross profit was $61.5 million, an increase of $7.6 million, or 14.2%, versus the prior year period. Gross profit margin was 50.0%, down 250 basis points versus the prior year period. Excluding Sonoma-Cutrer, gross profit declined $5.7 million or 10.6% and gross profit was 51.1%. Adjusted gross profit was $63.8 million, an increase of $10.6 million, or 19.8%. Adjusted gross profit margin was 51.9%, versus 52.0% in the prior year. Excluding Sonoma-Cutrer, adjusted gross profit declined $4.7 million or 8.9% and gross profit margin was 51.6%. Net income was $11.2 million, or $0.08 per diluted share, versus $15.5 million, or $0.13 per diluted share, in the prior year period. Adjusted net income was $23.8 million, or $0.16 per diluted share, versus $17.2 million, or $0.14 per diluted share, in the prior year period. Adjusted EBITDA was $48.6 million, an increase of $13.9 million, or 39.9%, and adjusted EBITDA margin was 39.5%, up 560 basis points versus the prior year period. Cash was $5.4 million as of October 31, 2024. The Company’s leverage ratio was 1.7x net debt (net of debt issuance costs) to trailing twelve months adjusted EBITDA. “We are pleased to begin fiscal 2025 with strong financial performance. Our growth continues to outpace the industry as our teams remain focused on advancing our strategic initiatives,” said Deirdre Mahlan, President, CEO and Chairperson. “We believe our distinctive brands, operational excellence and market-leading performance leave us well positioned to deliver long-term growth and profitability.” First Quarter 2025 Results Three months ended October 31, 2024 2023 Net sales growth (decline) 19.9 % (5.2 )% Volume contribution 24.7 % (3.4 )% Price / mix contribution (4.8 )% (1.8 )% Three months ended October 31, 2024 2023 Wholesale – Distributors 79.3 % 77.0 % Wholesale – California direct to trade 13.9 15.6 DTC 6.8 7.4 Net sales 100.0 % 100.0 % Net sales were $122.9 million, an increase of $20.4 million, or 19.9%, versus $102.5 million in the prior year period. The increase was driven primarily by the addition of Sonoma-Cutrer, partially offset by a lower price / mix contribution. Gross profit was $61.5 million, an increase of $7.6 million, or 14.2%, versus the prior year period. Gross profit margin was 50.0%, a decline of 250 basis points versus the prior year period. Adjusted gross profit was $63.8 million, an increase of $10.6 million or 19.8% versus the prior year period, reflecting higher net sales with the addition of Sonoma-Cutrer. Adjusted gross profit margin was 51.9% a decline of 10 basis points versus the prior year, as a result of an increase in cost of goods. Total selling, general and administrative expenses were $40.8 million, an increase of $10.3 million, or 33.8%, versus $30.5 million in the prior year period. Adjusted selling, general and administrative expenses were $23.9 million, an increase of $1.3 million, or 5.8%, versus $22.6 million in the prior year period, and a decrease of 260 basis points as a percentage of net sales. Net income was $11.2 million, or $0.08 per diluted share, versus $15.5 million, or $0.13 per diluted share, in the prior year period. Adjusted net income was $23.8 million, or $0.16 per diluted share, versus $17.2 million, or $0.14 per diluted share, in the prior year period. Adjusted EBITDA was $48.6 million, an increase of $13.9 million, or 39.9%, versus $34.7 million in the prior year period. This increase was driven primarily by an increase in net sales associated with the addition of Sonoma-Cutrer and ongoing operating cost controls that resulted in slower growth of adjusted selling, general and administrative expenses as a percentage of net sales. As a result, adjusted EBITDA margin improved 560 basis points versus the prior year period. Conference Call and Webcast The Company will no longer host its earnings conference call and webcast. About The Duckhorn Portfolio, Inc. The Duckhorn Portfolio is North America’s premier luxury wine company, with eleven wineries, ten state-of-the-art winemaking facilities, eight tasting rooms and over 2,200 coveted acres of vineyards spanning 38 Estate properties. Established in 1976, when vintners Dan and Margaret Duckhorn founded Napa Valley’s Duckhorn Vineyards, today, our portfolio features some of North America’s most revered wineries, including Duckhorn Vineyards, Decoy, Sonoma-Cutrer, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Postmark, Canvasback and Greenwing. Sourcing grapes from our own Estate vineyards and fine growers in Napa Valley, Sonoma County, Anderson Valley, California’s North and Central coasts, Oregon and Washington State, we offer a curated and comprehensive portfolio of acclaimed luxury wines with price points ranging from $20 to $230 across more than 15 varietals. Our wines are available throughout the United States, on five continents, and in more than 50 countries around the world. To learn more, visit us at: https:// www.duckhornportfolio.com/ . Investors can access information on our investor relations website at: https://ir.duckhorn.com . Use of Non-GAAP Financial Information In addition to the Company’s results, which are determined in accordance with generally accepted accounting principles in the United States (“GAAP”), the Company believes the following non-GAAP measures presented in this press release and discussed on the related teleconference call are useful in evaluating its operating performance: adjusted gross profit, adjusted selling, general and administrative expenses, adjusted EBITDA, adjusted net income and adjusted EPS. Certain of these non-GAAP measures exclude depreciation and amortization, non-cash equity-based compensation expense, purchase accounting adjustments, casualty losses or gains, impairment losses, inventory write-downs, changes in the fair value of derivatives, and certain other items, net of the tax effects of all such adjustments, which are not related to the Company’s core operating performance. The Company believes that these non-GAAP financial measures are provided to enhance the reader’s understanding of our past financial performance and our prospects for the future. The Company’s management team uses these non-GAAP financial measures to evaluate business performance in comparison to budgets, forecasts and prior period financial results. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly titled non-GAAP measures used by other companies. A reconciliation is provided herein for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Readers are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. Forward-Looking Statements This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. For example, all statements The Duckhorn Portfolio makes relating to its estimated and projected financial results or its plans and objectives for future operations, growth initiatives or strategies are forward-looking statements. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to manage the growth of its business; the Company’s reliance on its brand name, reputation and product quality; the effectiveness of the Company’s marketing and advertising programs, including the consumer reception of the launch and expansion of our product offerings; general competitive conditions, including actions the Company’s competitors may take to grow their businesses; overall decline in the health of the economy and the impact of inflation on consumer discretionary spending and consumer demand for wine; the occurrence of severe weather events (including fires, floods and earthquakes), catastrophic health events, natural or man-made disasters, social and political conditions, war or civil unrest; risks associated with disruptions in the Company’s supply chain for grapes and raw and processed materials, including corks, glass bottles, barrels, winemaking additives and agents, water and other supplies; risks associated with the disruption of the delivery of the Company’s wine to customers; disrupted or delayed service by the distributors and government agencies the Company relies on for the distribution of its wines outside of California; the Company’s ability to successfully execute its growth strategy; risks associated with our acquisition of Sonoma-Cutrer Vineyards, Inc.; decreases in the Company’s wine score ratings by wine rating organizations; quarterly and seasonal fluctuations in the Company’s operating results; the Company’s success in retaining or recruiting, or changes required in, its officers, key employees or directors; the Company’s ability to protect its trademarks and other intellectual property rights, including its brand and reputation; the Company’s ability to comply with laws and regulations affecting its business, including those relating to the manufacture, sale and distribution of wine; the risks associated with the legislative, judicial, accounting, regulatory, political and economic risks and conditions specific to both domestic and to international markets; claims, demands and lawsuits to which the Company is, and may in the future, be subject and the risk that its insurance or indemnities coverage may not be sufficient; the Company’s ability to operate, update or implement its IT systems; the Company’s ability to successfully pursue strategic acquisitions and integrate acquired businesses; the Company’s potential ability to obtain additional financing when and if needed; the Company’s substantial indebtedness and its ability to maintain compliance with restrictive covenants in the documents governing such indebtedness; the Company’s largest shareholders’ significant influence over the Company; the potential liquidity and trading of the Company’s securities; the future trading prices of the Company’s common stock and the impact of securities analysts’ reports on these prices; and the risks identified in the Company’s other filings with the SEC. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company’s filings with the SEC, available at www.sec.gov , for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The Company’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties. THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in thousands, except shares and per share data) October 31, 2024 July 31, 2024 ASSETS Current assets: Cash $ 5,407 $ 10,872 Accounts receivable trade, net 88,016 52,262 Due from related party 222 10,845 Inventories 530,293 448,967 Prepaid expenses and other current assets 11,040 14,594 Total current assets 634,978 537,540 Property and equipment, net 568,391 568,457 Operating lease right-of-use assets 26,369 27,130 Intangible assets, net 190,577 192,467 Goodwill 484,379 483,879 Other assets 7,470 7,555 Total assets $ 1,912,164 $ 1,817,028 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 66,357 $ 5,774 Accrued expenses 69,346 34,164 Accrued compensation 7,994 11,386 Deferred revenue 12,264 80 Current maturities of long-term debt 9,721 9,721 Due to related party 342 1,714 Other current liabilities 4,250 3,905 Total current liabilities 170,274 66,744 Revolving line of credit 83,000 101,000 Long-term debt, net of current maturities and debt issuance costs 198,263 200,734 Operating lease liabilities 23,579 24,286 Deferred income taxes 151,104 151,104 Other liabilities 694 705 Total liabilities 626,914 544,573 Stockholders’ equity: Common stock, $0.01 par value; 500,000,000 shares authorized; 147,200,572 and 147,073,614 issued and outstanding at October 31, 2024 and July 31, 2024, respectively 1,472 1,471 Additional paid-in capital 1,012,874 1,011,265 Retained earnings 270,299 259,135 Total The Duckhorn Portfolio, Inc. stockholders’ equity 1,284,645 1,271,871 Non-controlling interest 605 584 Total stockholders’ equity 1,285,250 1,272,455 Total liabilities and stockholders’ equity $ 1,912,164 $ 1,817,028 THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, in thousands, except shares and per share data) Three months ended October 31, 2024 2023 Sales $ 124,669 $ 103,903 Excise tax 1,727 1,394 Net sales 122,942 102,509 Cost of sales 61,442 48,656 Gross profit 61,500 53,853 Selling, general and administrative expenses 40,798 30,483 Income from operations 20,702 23,370 Interest expense 5,115 4,004 Other expense (income), net 117 (1,813 ) Total other expenses, net 5,232 2,191 Income before income taxes 15,470 21,179 Income tax expense 4,285 5,629 Net income 11,185 15,550 Net income attributable to non-controlling interest (21 ) (13 ) Net income attributable to The Duckhorn Portfolio, Inc. $ 11,164 $ 15,537 Earnings per share of common stock: Basic $ 0.08 $ 0.13 Diluted $ 0.08 $ 0.13 Weighted average shares of common stock outstanding: Basic 147,128,486 115,339,774 Diluted 147,186,767 115,451,719 THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands) Three months ended October 31, 2024 2023 Cash flows from operating activities Net income $ 11,185 $ 15,550 Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization 10,631 7,329 Gain on disposal of assets (61 ) (42 ) Change in fair value of derivatives 137 (1,889 ) Amortization of debt issuance costs 194 194 Equity-based compensation 2,254 1,150 Change in operating assets and liabilities; net of acquisition: Accounts receivable trade, net (35,754 ) (22,547 ) Due from related party 10,623 — Inventories (80,443 ) (66,115 ) Prepaid expenses and other current assets 3,550 1,781 Other assets (212 ) 283 Accounts payable 61,149 28,045 Accrued expenses 37,058 51,985 Accrued compensation (3,392 ) (7,808 ) Deferred revenue 12,184 11,132 Due to related party (1,372 ) — Other current and non-current liabilities (496 ) (982 ) Net cash provided by operating activities 27,235 18,066 Cash flows from investing activities Purchases of property and equipment, net of sales proceeds (11,556 ) (10,395 ) Net cash used in investing activities (11,556 ) (10,395 ) Cash flows from financing activities Payments under line of credit (18,000 ) (13,000 ) Borrowings under line of credit — 23,000 Payments of long-term debt (2,500 ) (2,500 ) Taxes paid related to net share settlement of equity awards (644 ) (342 ) Net cash (used in) provided by financing activities (21,144 ) 7,158 Net (decrease) increase in cash (5,465 ) 14,829 Cash - Beginning of period 10,872 6,353 Cash - End of period $ 5,407 $ 21,182 Supplemental cash flow information Interest paid, net of amount capitalized $ 4,585 $ 4,009 Income taxes paid $ — $ 11,607 Non-cash investing activities Property and equipment additions in accounts payable and accrued expenses $ 2,568 $ 3,300 THE DUCKHORN PORTFOLIO, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted gross profit, adjusted selling, general and administrative expenses, adjusted net income, adjusted EBITDA and adjusted EPS, collectively referred to as “Non-GAAP Financial Measures,” are commonly used in the Company’s industry and should not be construed as an alternative to net income or earnings per share as indicators of operating performance (as determined in accordance with GAAP). These Non-GAAP Financial Measures may not be comparable to similarly titled measures reported by other companies. The Company has included these Non-GAAP Financial Measures because it believes the measures provide management and investors with additional information to evaluate business performance in comparison to budgets, forecasts and prior year financial results. Non-GAAP Financial Measures are adjusted to exclude certain items that affect comparability. The adjustments are itemized in the tables below. You are encouraged to evaluate these adjustments and the reason the Company considers them appropriate for supplemental analysis. In evaluating adjustments, you should be aware that in the future the Company may incur expenses that are the same as or similar to some of the adjustments set forth below. The presentation of Non-GAAP Financial Measures should not be construed as an inference that future results will be unaffected by unusual or recurring items. Adjusted EBITDA Adjusted EBITDA is a non-GAAP financial measure that the Company calculates as net income before interest, taxes, depreciation and amortization, non-cash equity-based compensation expense, purchase accounting adjustments, transaction expenses, acquisition integration expenses, changes in the fair value of derivatives and certain other items which are not related to our core operating performance. Adjusted EBITDA is a key performance measure the Company uses in evaluating its operational results. The Company believes adjusted EBITDA is a helpful measure to provide investors an understanding of how management regularly monitors the Company’s core operating performance, as well as how management makes operational and strategic decisions in allocating resources. The Company believes adjusted EBITDA also provides management and investors consistency and comparability with the Company’s past financial performance and facilitates period to period comparisons of operations, as it eliminates the effects of certain variations unrelated to its overall performance. Adjusted EBITDA has certain limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Some of these limitations include: although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and adjusted EBITDA does not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements; adjusted EBITDA does not reflect changes in, or cash requirements for, the Company’s working capital needs; adjusted EBITDA does not reflect the significant interest expense, or the cash requirements necessary to service interest or principal payments, on the Company’s debt; adjusted EBITDA does not reflect income tax payments that may represent a reduction in cash available to the Company; and other companies, including companies in the Company’s industry, may calculate adjusted EBITDA differently, which reduce their usefulness as comparative measures. Because of these limitations, you should consider adjusted EBITDA alongside other financial performance measures, including net income and the Company’s other GAAP results. In evaluating adjusted EBITDA, you should be aware that in the future the Company may incur expenses that are the same as or similar to some of the adjustments in this presentation. The Company’s presentation of adjusted EBITDA should not be construed as an inference that the Company’s future results will be unaffected by the types of items excluded from the calculation of adjusted EBITDA. Adjusted Gross Profit Adjusted gross profit is a non-GAAP financial measure that the Company calculates as gross profit excluding the impact of purchase accounting adjustments (including depreciation and amortization related to purchase accounting), non-cash equity-based compensation expense, and certain inventory charges. We believe adjusted gross profit is a useful measure to us and our investors to assist in evaluating our operating performance because it provides consistency and direct comparability with our past financial performance between fiscal periods, as the metric eliminates the effects of non-cash or other expenses unrelated to our core operating performance that would result in fluctuations in a given metric for reasons unrelated to overall continuing operating performance. Adjusted gross profit should not be considered a substitute for gross profit or any other measure of financial performance reported in accordance with GAAP. Adjusted Net Income and Adjusted Selling, General and Administrative Expenses Adjusted net income is a non-GAAP financial measure that the Company calculates as net income excluding the impact of non-cash equity-based compensation expense, purchase accounting adjustments, transaction expenses, acquisition integration expenses, changes in the fair value of derivatives and certain other items unrelated to core operating performance, as well as the estimated income tax impacts of all such adjustments included in this non-GAAP performance measure. We believe adjusted net income assists us and our investors in evaluating our performance period-over-period. In calculating adjusted net income, we also calculate the following non-GAAP financial measures which adjust each GAAP-based financial measure for the relevant portion of each adjustment to reach adjusted net income: Adjusted SG&A – calculated as selling, general, and administrative expenses excluding the impacts of purchase accounting, transaction expenses, acquisition integration expenses, equity-based compensation; and Adjusted income tax – calculated as the tax effect of all adjustments to reach adjusted net income based on the applicable blended statutory tax rate for the period. Adjusted net income should not be considered a substitute for net income or any other measure of financial performance reported in accordance with GAAP. Adjusted EPS Adjusted EPS is a non-GAAP financial measure that the Company calculates as adjusted net income divided by diluted share count for the applicable period. We believe adjusted EPS is useful to us and our investors because it improves the comparability of results of operations from period to period. Adjusted EPS should not be considered a substitute for net income per share or any other measure of financial performance reported in accordance with GAAP. THE DUCKHORN PORTFOLIO, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (Unaudited, in thousands, except per share data) Three months ended October 31, 2024 Net sales Gross profit SG&A Adjusted EBITDA Income tax Net income Diluted EPS GAAP results $ 122,942 $ 61,500 $ 40,798 $ 11,164 $ 4,285 $ 11,164 $ 0.08 Percentage of net sales 50.0 % 33.2 % 9.1 % Interest expense 5,115 Income tax expense 4,285 Depreciation and amortization expense 119 (1,903 ) 10,631 EBITDA $ 31,195 Purchase accounting adjustments 1,957 1,957 542 1,415 0.01 Transaction expenses (13,125 ) 13,125 3,636 9,489 0.06 Acquisition integration costs (152 ) 152 42 110 — Change in fair value of derivatives 137 38 99 — Equity-based compensation 266 (1,734 ) 2,000 504 1,496 0.01 Non-GAAP results $ 122,942 $ 63,842 $ 23,884 $ 48,566 $ 9,047 $ 23,773 $ 0.16 Percentage of net sales 51.9 % 19.4 % 39.5 % Three months ended October 31, 2023 Net sales Gross profit SG&A Adjusted EBITDA Income tax Net income Diluted EPS GAAP results $ 102,509 $ 53,853 $ 30,483 $ 15,537 $ 5,629 $ 15,537 $ 0.13 Percentage of net sales 52.5 % 29.7 % 15.2 % Interest expense 4,004 Income tax expense 5,629 Depreciation and amortization expense 124 (3,108 ) 7,329 EBITDA $ 32,499 Purchase accounting adjustments 25 25 7 18 — Transaction expenses (3,236 ) 3,236 861 2,375 0.02 Change in fair value of derivatives (1,889 ) (502 ) (1,387 ) (0.01 ) Equity-based compensation 206 (846 ) 1,052 272 780 0.01 Lease income, net (926 ) (926 ) (716 ) (210 ) (56 ) (154 ) — Non-GAAP results $ 101,583 $ 53,282 $ 22,577 $ 34,713 $ 6,211 $ 17,169 $ 0.14 Percentage of net sales 52.0 % 22.0 % 33.9 % Note: Sum of individual amounts may not recalculate due to rounding. View source version on businesswire.com : https://www.businesswire.com/news/home/20241205396304/en/ CONTACT: Investor Contact Ben Avenia-Tapper IR@duckhorn.com 707-339-9232Media Contact Jessica Liddell, ICR DuckhornPR@icrinc.com 203-682-8200 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA OREGON INDUSTRY KEYWORD: RETAIL LUXURY WINE & SPIRITS AGRICULTURE NATURAL RESOURCES SPECIALTY FOOD/BEVERAGE SOURCE: The Duckhorn Portfolio, Inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:05 PM/DISC: 12/05/2024 04:06 PM http://www.businesswire.com/news/home/20241205396304/enPHILADELPHIA (AP) — Saquon Barkley wanted to be a student in team history before he had a chance to make some with the Eagles. The running back who had just signed with Philadelphia for $26 million guaranteed took a deep dive on some of the franchise’s greats out of the backfield. He learned about Wilbert Montgomery. Brushed up on LeSean McCoy. Barkley then put them in his sights — and this week against Carolina, he could become the top single-season rusher in Eagles history. Get past those two Eagles Hall of Famers and the target narrows: McCoy has a chance to break Eric Dickerson's NFL single-season rushing mark of 2,105 yards, set in 1984. “That's your goal,” Barkley said. “You want to come in here, you want to leave a legacy on a place, on a franchise.” Here's where things stand with Barkley in his pursuit of records: — Barkley has an NFL-best 1,499 yards rushing through 12 games, an average of 124.9 yards per game. At that pace and with one more game to play than Dickerson, he would surpass the NFL mark that's stood for 40 years. — Barkley needs to run for 108 yards against the Panthers to break McCoy's Eagles record of 1,607 yards set in 2013. Montgomery ran for 1,512 yards in 1978. “I'm aware of the things I can accomplish,” Barkley said. “The way I accomplish that is sticking to the script.” The Eagles (10-2) have won eight straight to take control of the NFC East and remain in the hunt for the No. 1 seed in the conference. Barkley — with a little help from Jalen Hurts — has largely led the way and moved into MVP consideration. The former New York Giant also ranks third in the league with 11 rushing touchdowns. It's reasonable to expect Barkley to pile on the yards against Carolina (3-9). The Panthers are 32nd in the league against the run and just allowed Tampa Bay's Bucky Irving to run for a career-high 152 yards last week (he had never broken 100). “It’s incredible what he is doing. The record has stood up for a while. I mean 17 games or 14 games, it’s ridiculous,” Panthers defensive lineman Shy Tuttle said. “It’s a record that has been held for a long time and whoever breaks it, Saquon or someone else, it’s an incredible achievement.” Barkley leads the NFL with four rushing touchdowns of 25-plus yards this season and tied Montgomery for the most 100-yards games in an Eagles season with eight. “You get to see the player on Sundays. We get to see the person every other day during the week,” offensive coordinator Kellen Moore said. “He’s special. At the end of the day, he’s a special teammate, special person. The way he connects with everyone, rallies everyone together. He’s one of the best.” Panthers running back Chuba Hubbard is eager to get back on the field and put last week behind him. Carolina’s leading rusher had a costly fumble in overtime last Sunday against Tampa Bay as the Panthers were driving for a potential game-winning field goal, resulting in a 26-23 loss to division rival Tampa Bay. A dejected Hubbard remained on the bench for several minutes after the loss. “You definitely use it as motivation,” Hubbard said. “I have come a long way and I know what it’s like to play great football. That was a big mistake on my end, but I don’t just lose all of the work I have put in because of that one mistake.” Bryce Young is beginning to show he can be a factor with his legs, scoring on a 10-yard run last week against the Buccaneers. However, Young still receives plenty of good-natured ribbing from his teammates when it comes to his sliding ability, which the QB has previously admitted is limited because he wasn’t much of a baseball player. “He definitely has to work on his slide,” Hubbard said. “He has been making people miss so he hasn’t had to slide like that a lot. I mean I’m not trying to hate on my dog’s slide but it’s just a work in progress. He will be all right.” Panthers guard Robert Hunt said it’s always interesting playing in Philadelphia because of the team’s passionate fan base. Last year, while Hunt was playing for the Dolphins, he said an Eagles fan attempted to board the Miami team bus. “They have some characters there — some people who don’t really give a damn,” Hunt said. “He was trying to trash-talk us. But he was confident and that is what makes them them.” Hunt said the fan never made it on the bus. “Aw hell no, we would have stomped that boy,” Hunt said with a laugh. “He tried. He was talking his noise. Good for him. I don’t want to say you want a fan base like that, but you want a fan base that cares about the team.” AP Sports Writer Steve Reed in Charlotte, North Carolina, contributed to this report. AP NFL:As the quest for decentralised police system gathers momentum in the country, Deji Elumoye revisits a Bill for the Creation of State Police sponsored in the Eight and Ninth National Assembly by former Deputy President of the Senate, Senator Ike Ekweremadu, highlighting the major provisions, including safety valves against possible abuse The quest for state police got a boost recently when the Governor of Kaduna State, Senator Uba Sani, announced its endorsement by most of the 36 states, while the National Economic Council (NEC) is set to deliberate on the matter in January 2025. This is also coming in the face of existential threats to Nigeria by all manner of criminal gangs – terrorists, bandits, kidnappers, armed robbers, etc. It has become obvious, even the blind, that Nigeria’s current policing system will never work. Thanks also to President Bola Tinubu’s federalist dispositions. Before him, successive presidents played the ostrich mostly because they wanted to be “in total control.” Ex-president Muhammadu Buhari took the “total control syndrome” a notch higher by not only retaining the unsuitable centralised police system, but by equally appointing most of the heads of security and paramilitary agencies from a particular part of the country. The Director-General of the Depart of State Services (DSS), Lawal Duara, was Buhari’s kinsman. Even in his second tenure, only two – General Leo Irabor, who was the Chief of Defence Staff and Air Marshal Isiaka Amao, who was the Chief of the Air Staff) – out of 16 heads of security and related agencies were from the South. Interestingly, the North was the hardest hit by insecurity under Buhari’s watch. Predatory bandits made games of the people and chased them away from farming, which is the mainstay of the northern economy. In May 2019, the District Head of Duara, Alhaji Musa Umar, also said to be the father-in-law of Buhari’s Aide-de-camp (ADC), Col. Mohammed Abubakar, was abducted and held in captivity for over two months. So, obviously, something is fundamentally wrong with our security architecture. Yet, the warnings by well-meaning Nigerians, among them the former Deputy President of the Senate, Senator Ike Ekweremadu, fell on deaf ears. I had the opportunity of reading Ekweremadu’s lecture entitled “Nigerian Federalism: A Case for a Review”, being the Sixth Annual Oputa Lecture on Governance in Africa, which he delivered on April 11, 2012 at the Osgoode Hall, Law School, York University in Toronto, Ontario Canada. Here, he identified unitary policing and what he christened “feeding bottle federalism” as the greatest threats to Nigeria, which, if not addressed, would destroy the nation socially and economically. How prophetic! In that lecture, he reminded that Nigeria did not actually start off with a centralised police system, which was introduced by the General Yakubu Gowon Regime, ironically in line with General Johnson Aguyi-Ironsi’s Unitary Decree and Policy. The Native Authority Ordinance (No. 4 of 1916) vested the responsibility of the maintenance of law and order in the Native Authorities. The Protectorate Laws (Enforcement) Ordinance No. 15 of 1924 accentuated their powers. A Nigeria Police Force with national jurisdiction was only created in 1930 and coexisted with the Native Authority and the Local Administration police until the fall of the First Republic. However, Ekweremadu’s advocacy did not stop at just talking. He sponsored in the Eighth and Ninth Senate a Bill, which addresses the issues of structure, standardisation, control, armament, disciplinary action, co-existence with federal police, and importantly, the usual fear about possible abuse by state governors. In doing so, he drew inspirations from best practices across the globe, including the USA, Canada, and Brazil. The Bill proposes the establishment of the Federal Police, State Police, National Police Service Commission, National Police Council, and State Police Service Commissions. The Federal Police shall be responsible for the maintenance of public security, preservation of public order and security of persons and property throughout the federation to the extent provided for under the constitution or by an Act of the National Assembly, while the State Police, shall be organised and administered in accordance with such provisions as may be prescribed by a Law of the House of Assembly of a State subject to the framework and guidelines established by an Act of the National Assembly. Ekweremadu’s Bill proposes a Commissioner of State Police, who shall be appointed by the governor of the state on the advice of the National Police Service Commission, subject to confirmation of such appointment by the House of Assembly of the State. The Commissioner shall be in office for a period of five years only or until he/she attains a retirement age prescribed by law, whichever is earlier. So, the governor is not the sole appointer. Again, the governor may give lawful directives to the CP with respect to the maintenance and securing of public safety and public order as he may consider necessary, but the commissioner of police shall only comply to the extent that those directives or order are neither unlawful nor contrary to general policing standards or practice. If he finds them so, he may request that the matter be referred to the State Police Service Commission for review and the decision of the state Commission shall be final and shall not be inquired into by any court. The Bill equally provides enough autonomy for Commissioners of State Police. For instance, a commissioner shall only be removed by the governor upon the recommendation of the National Police Service Commission on the grounds of misconduct in the performance of his official duties; serious breach of policing standards; conviction of any offence by a court of law or tribunal (including administrative tribunals set up by the police authorities for internal disciplining of police officers); indictment by a judicial body or tribunal for corruption, fraud, embezzlement or other unacceptable conducts in office; bankruptcy; mental incapacity; and participation in political activities of any kind either within or outside the state and including sponsoring or giving aid to any political group of movement. But importantly, such removal shall be subject to approval by two-thirds majority of the State Assembly. Furthermore, an Act of the National Assembly may prescribe a periodic review of the activities of each State Police Service by the National Police Service Commission after which it may be recertified so long as its operations adhere to set standards and regulations and do not undermine national integrity, promote ethnic, tribal or sectional agenda or marginalise any segment of the society. The composition of each State Police Service Commission, as membership, is drawn from critical segments of the society, making it extremely difficult to pocket or manipulate the Commission. Chairman is to be appointed by the governor subject to the confirmation of the State House of Assembly; a representative of the Federal Government to be appointed by the National Police Service Commission, two members, who must be indigenes of the respective state and to be appointed by the National Human Rights Commission; a representative of the Public Complaints Commission; a representative of the Labour to be appointed by the Chairman of the state branch; three retired police officers from three senatorial districts to be appointed by the governor subject to confirmation of the State House of Assembly; a lawyer-representative of the Nigerian Bar Association and a representative of the Nigerian Union of Journalists to be appointed by their respective branch chairmen. The mandates of the Commission include recommending the appointment of a Commissioner of Police, Deputy Commissioner of Police and Assistant Commissioner of Police to the National Police Service Commission; appointment, disciplining and removal of members of the state police below the rank of Assistant Commissioner of Police; and other functions and powers of the commission as may be specified either in the Constitution or a Law of the House of Assembly of a State. It is noteworthy that in recommending the appointment of a Commissioner of State Police, the Commission shall propose three qualified candidates to the National Police Service Commission. The National Police Service Commission, on the other hand, shall comprise a Chairman to be appointed by the President subject to the confirmation of the Senate; two members representing the National Human Rights Commission; one representative of the Labour; six retired police officers not below the rank of Assistant Commissioner of Police representing each of the Geo-Political zones of the country to be appointed by the President subject to confirmation of the Senate; a representative of the NBA to be appointed by the NBA President; a representative of the NUJ to be appointed by the NUJ President; and the Attorney-General of each state. The National Police Service Commission shall be responsible for the appointment of persons to offices (other than office of the Inspector-General of Police) in the Federal Police; exercising disciplinary control over members of the Federal Police; recommending to the Governor of a State the appointment of the Commissioner of Police, Deputy Commissioners of Police and Assistant Commissioners of Police of the State Police based on a list submitted to it by the State Police Service Commission of the relevant state and subject to confirmation by the House of Assembly of the State; recommending to the Governor, the discipline and removal of the Commissioner of Police, Deputy Commissioners of Police and Assistant Commissioners of Police of the State Police; supervising the activities of the Federal Police and State Police to the extent provided for in this constitution or by an Act of the National Assembly; and prescribing standards for all police forces in the country in training, criminal intelligence databases, forensic laboratories and render assistance to State Police in areas as may be requested by such State Police. Ekweremadu’s Bill was shot down by parliament twice. But today, not only has the idea rebounded with buy-in by its worst critics, it remains the nation’s biggest guide to state police, resurrecting substantially in various Bills on the subject currently before the National Assembly. In a television interview a few months back, a former federal lawmaker, Senator Ita Enang, confessed, “Senator Ike Ekweremadu was very vehement that we should have state police. He sponsored a bill. I was one of those who vehemently opposed him and campaigned against it. I went out of my way to say that the way the governors exercise power over the electoral process, if you give them the control over security, they would kill everybody. But now, it is no longer the question of the governors. State police is an idea, which time has come.”
Friendly reminder |
The authenticity of this information has not been verified by this website and is for your reference only. Please do not reprint without permission. If authorized by this website, it should be used within the scope of authorization and marked with "Source: this website". |
Special attention |
Some articles on this website are reprinted from other media. The purpose of reprinting is to convey more industry information, which does not mean that this website agrees with their views and is responsible for their authenticity. Those who make comments on this website forum are responsible for their own content. This website has the right to reprint or quote on the website. The comments on the forum do not represent the views of this website. If you need to use the information provided by this website, please contact the original author. The copyright belongs to the original author. If you need to contact this website regarding copyright, please do so within 15 days. |