Meikles Limited assets disposal in limbo amid ongoing governance concerns
Samb 0-0 0-0 0, Sulaiman 4-7 1-2 10, N.Tarke 7-15 7-11 24, Williamson 0-12 4-4 4, May 3-11 3-4 9, Lowery 3-8 2-4 8, Embeya 2-2 1-2 5, Hicks 1-2 0-0 2, Jones 1-2 0-0 2. Totals 21-59 18-27 64. Akitoby 3-4 0-0 6, Lawson 1-5 2-2 4, Oliver 1-5 0-0 2, Simpkins 4-5 1-6 9, Tabbs 7-14 5-5 19, Thomas 2-10 3-5 7, Hobbs 3-8 5-5 13, Martin 0-0 0-0 0, Harris 0-2 0-0 0, Newton 0-0 0-0 0. Totals 21-53 16-23 60. Halftime_Towson 35-26. 3-Point Goals_Towson 4-21 (N.Tarke 3-9, Sulaiman 1-3, Hicks 0-1, May 0-2, Williamson 0-6), Morgan St. 2-12 (Hobbs 2-5, Lawson 0-1, Thomas 0-1, Oliver 0-2, Tabbs 0-3). Fouled Out_Lowery, Oliver, Tabbs. Rebounds_Towson 41 (Lowery 11), Morgan St. 24 (Akitoby 6). Assists_Towson 8 (May, Hicks 2), Morgan St. 9 (Lawson 4). Total Fouls_Towson 19, Morgan St. 20.
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DALLAS (AP) — The championship vision that led Nathan Eovaldi to sign with Texas as a free agent two years ago is the same one that brought him back to the Rangers. A World Series title in his first season was followed by a losing record this year. “I believe in the guys in the group that we have. We were able to do it in ‘23. I don’t feel a lot has changed,” Eovaldi said Friday, a day after finalizing a $75 million, three-year contract . “We had a down year last year, but I've said it before, you learn a lot from losing seasons.” Eovaldi had declined a $20 million player option to become a free agent again and reached an agreement during the winter meetings in Dallas. Texas also acquired slugging corner infielder Jake Burger in a swap with Miami. Burger had fallen asleep before getting a call late Tuesday night that he had been traded to Texas, where his family is planning to move after the October birth of a daughter with Down syndrome. “The other city that is really good other than Nashville in terms of children's hospital and resources for her Downs is in Dallas," Burger said. “Not just from the baseball spectrum, from the life aspect as well ... I feel like it was meant to be, and we couldn’t be more more excited about that.” In the Nashville area, Burger lives close to Rangers manager Bruce Bochy, whom he plans to visit with soon. His former Marlins manager, Skip Schumaker , was hired last month by the Rangers as a senior adviser for baseball operations, and Luis Urueta, Miami’s bench coach the past two seasons, recently joined Bochy’s on-field coaching staff for 2025. Burger and Rangers pitcher Dane Dunning were once roommates in the Chicago White Sox organization. Burger hit .250 with 29 home runs and 76 RBIs in 137 games for the Marlins last season, when he started 59 games at third base and 50 starts at first. He was with the White Sox in Texas when he got traded to Miami on Aug. 1, 2023, and four days later hit his first homer with the Marlins at Globe Life Field. When the Rangers made the title run in 2023, Eovaldi was 5-0 with a 2.95 ERA in six postseason starts. He was the winning pitcher in their World Series-clinching Game 5 at Arizona. He was also part of Boston’s 2018 title. Eovaldi was 12-8 this year with a 3.80 ERA in 29 starts, the last seven scoreless innings in the regular-season finale. He is 24-13 with a 3.72 ERA in 54 starts for Texas the past two seasons. The new deal for the Texas native, who who turns 35 in February, includes a $12 million signing bonus, half payable on Nov. 15, 2026, and the rest on Jan. 15, 2028, and salaries of $18 million next season, $25 million in 2026 and $20 million in 2027. He gets a full no-trade provision. After being welcomed back by Chris Young, the team's president of baseball operations, the pitcher said he never felt like he really left. The Rangers stayed in contact throughout the process after he declined his option Nov. 4. “Kind of listening to the market and everything, I’m extremely happy to be back. I’m glad we were we were able to make it all work out,” Eovaldi said. “We had a lot of teams reach out right away and we were in contact with most them across the league. Ultimately we were able to make it back here.” ___ AP MLB: https://apnews.com/hub/mlb Stephen Hawkins, The Associated Press8 Thanksgiving mistakes: Frozen or overcooked turkey, too many sides and other common holiday miscues
The European Central Bank would happily, if quietly, cheer an even weaker euro exchange rate – and may be far more wary of the opposite at just the wrong time. The euro is likely still too strong for the sort of subdued growth and outsize trade risks the zone faces next year and, far from being a brake on more monetary easing, its depreciation may well be encouraged. And it could argue for at least one deeper half-percentage-point interest rate cut at upcoming meetings. The ECB meets next Thursday for the last time in 2024 and economists overwhelmingly expect another 25-basis-point rate cut – which would be the fourth such move this year. Market thinking and the general thrust of ECB arguments are that the central bank has inflation more or less licked and should return to a neutral policy rate – somewhere around 2% if inflation holds at ECB targets. At that point it would simply sit and pray a cyclical recovery takes hold, while being alert to multiple political and trade risks unfolding through 2025. ECB President Christine Lagarde basically sketched that scenario earlier this week in a European parliament hearing, despite a lively debate among her policymakers about bigger and faster rate cuts to get across a pervasive German-led economic funk. If the gradualists hold sway, that suggests a quarter-percentage-point cut at every meeting until the middle of 2025 to get the current 3.25% deposit rate back to those rough estimates of “neutral”. As such, at least 125 basis points of ECB expected easing contrasts with market pricing for half that from the U.S. Federal Reserve. And yet many strategists claim that sort of Transatlantic divergence is already largely discounted by the euro/dollar exchange rate, which has dropped about 5% in two months. The euro’s EUR= nonchalant reaction to the week’s political drama in Paris suggests as much. Morgan Stanley on Thursday raised a red flag about the unintended consequences of a softly-softly approach from the ECB around next week’s expected rate cut and how that may pose “upside risks” for the currency. “Markets are sufficiently bearish on the euro area outlook and the euro that any sign of unchanged messaging could be treated as a hawkish surprise,” it said. The ECB has good reason to avoid a euro rebound just at this juncture – not least because the currency’s trade-weighted index is far higher than the swoon versus the dollar suggests. Despite the euro being just 5% from dollar parity, which was last seen in the wake of Russia’s invasion of Ukraine in 2022, the ECB’s nominal euro exchange rate index against the bloc’s main external trading partners is still only 1% below all-time highs hit in September. The inflation-adjusted real effective exchange rate index is not quite as lofty, due largely to the decade in which the bloc flirted with deflation after the 2008 global banking crash and 2010-2012 euro debt crisis. But despite ebbing in recent months, it too is little changed from where it was 10 years ago – even after the serial shocks seen in recent years. And for a region potentially facing 10%-20% U.S. tariff hits from President-elect Donald Trump’s incoming administration, a simmering bilateral trade row with China and a contraction in Germany, its export-dependent weakest link, currency depreciation would be a blessing. Even if still-sparky wage growth remains an ECB irritant, that’s even more of reason for a weaker currency to recapture some competitiveness in a global trade war. As euro consumer price inflation remains close to target and producer price deflation is still running at more than 3%, the ECB has ample scope to ease big. And even if trade tariffs could skew the price outlook somewhat, the ECB’s chief economist, Philip Lane, has argued the growth hit from any trade war would be a much greater consideration than any temporary price-level bump from tariff hikes. The only question in some minds then is whether a euro plunge through dollar parity would be in some way jarring for regional confidence, especially at a time of nervy German and French domestic politics. But currency weakness is not the euro zone economy’s problem right now. Arguably, it’s the opposite. Source: Reuters (by Mike Dolan X: @reutersMikeD; Editing by Paul Simao)Social isolation in elderly poses dementia risk: StudyMEMPHIS, Tenn. , Nov. 21, 2024 /PRNewswire/ -- First Horizon Foundation announced today it will pledge $200,000 to help Florida's coastal communities impacted by Hurricane Helene and Hurricane Milton. Hurricane relief funding will be distributed through the United Way Suncoast Disaster Recovery Fund, United Way Town of Palm Beach Hurricane Recovery Fund and the Craft Emergency Relief Fund to address the ongoing needs of these affected areas in Florida . Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Top trending stories from the past week. News, Sports, and more throughout the week. The week's obituaries, delivered to your inbox.
Villanova into FCS Playoffs as 11th seed, to host Eastern KentuckyFLORIDA ATLANTIC 86, OKLAHOMA STATE 78
NORTH TEXAS (5-1) Johnson 0-1 0-0 0, Lampkin 7-13 3-3 17, Deck 5-7 2-3 13, Hardaway 3-5 2-4 9, Wooten 9-13 3-6 23, Talley 3-5 0-0 7, Brackens 0-0 0-0 0, Brannon 0-0 0-0 0, McGrew 0-2 0-0 0, Moore 0-1 0-0 0, Price 0-1 0-0 0, Totals 27-48 10-16 69 HOUSTON (2-4) Augmon 1-2 0-0 2, McFarland 0-1 0-0 0, Blair 4-12 7-7 18, Cooke 2-8 1-2 5, Love 6-16 6-6 19, Bostock 0-4 0-0 0, Chevalier 1-2 0-0 2, Merchant 3-11 1-4 7, Totals 17-56 15-19 53 3-Point Goals_North Texas 5-13 (Deck 1-2, Hardaway 1-2, Wooten 2-5, Talley 1-1, McGrew 0-2, Price 0-1), Houston 4-20 (Blair 3-6, Cooke 0-2, Love 1-6, Bostock 0-2, Chevalier 0-1, Merchant 0-3). Assists_North Texas 17 (Hardaway 5), Houston 3 (Love 2). Fouled Out_None. Rebounds_North Texas 38 (Lampkin 10), Houston 26 (Love 8). Total Fouls_North Texas 18, Houston 18. Technical Fouls_None. A_864.
Pope Francis’ Culture Wars Divide Catholic Church (C1)Asia’s middle distillates markets remained thinly discussed on the spot front as January negotiations were yet to go into full swing, with traders keeping a close eye on China export availability and demand in the West. Supply movements will hinge on demand expectations from the West, with some traders already expecting swing cargoes to pivot West once the market there picks up. Focus was also on China’s announcement on export quotas for next year, with some traders already closing their trading programmes for this year. On spot sales front, refiner offers were scant for a second straight session, though January discussions are expected to begin soon from northeast Asia. Term negotiations continued, with Petrolimex closing its tender to buy two cargoes of 10ppm sulphur gasoil and one cargo of 500ppm sulphur gasoil per month for January-December delivery. Offers need to be valid until Dec. 15. Meanwhile, the arbitrage price spread for jet fuel between Asia and the U.S. west coast remained open, with traders still expecting flows on this route to continue for December. Refining margins slipped further for a second straight week, closing at around $14.4 a barrel on Friday. Cash differentials declined slightly to a premium of 35 cents a barrel, as lower-priced offers for prompt loading cargoes stayed prevalent. Regrade dipped by almost 40 cents week-on-week to close at around 33 cents a barrel on Friday, though some traders were still bearish on the jet fuel market fundamentals. – No deals for both fuels – Gasoil stocks, which include diesel and heating, fell by 5.5% on the week to 2.13 million tons due to higher exports from ARA to northwest Europe and the Baltics. – OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by a year until the end of 2026 due to weak demand and booming production outside the group. – U.S. oil producer Chevron on Thursday said it will take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments and property sales costs. Source: Reuters (Reporting by Trixie Yap; Editing by Varun H K)Four members of Congress unveiled a bipartisan bill Friday that would spark changes at the U.S. Center for SafeSport, placing a time limit on resolving cases that can sometimes take years and improving communication between the center and abuse survivors. The Safer Sports for Athletes Act looks to address some of the bigger concerns that have opened the center to criticism since it was established in 2017 to handle sex-abuse cases in Olympic sports and their grassroots cousins. The bill has potential for a fivefold increase of an existing grant to the center, bringing it to $10 million a year. But even if the full amount were approved, it wouldn't solve all of the problems. As before, that grant can only be used for training and education , not investigations and enforcement, which are the focus of complaints about the center , and also of the reforms the lawmakers are seeking. “We’re hoping the combination of appropriations for other activities will free up money for investigations, as well as the streamlining,” said one of the bill's sponsors, Rep. Deborah Ross, D-North Carolina. The center estimates the reforms in the bill could cost more than $4.5 million. It currently operates on a budget of around $21 million a year, most of which comes from the U.S. Olympic and Paralympic Committee and its sports affiliates, known as national governing bodies, or NGBs. “It's really unclear, and I don't think that some parts of the bill jibe with other parts of the bill," SafeSport CEO Ju'Riese Colon said. "We're going to need some more conversation to suss out some of this stuff. Right now, it just doesn't really add up for us.” The center's critics, meanwhile, have long been skeptical about giving more resources to an agency they feel is missing the mark. The bill would also mandate that investigations be concluded within 180 days after a report is made, with possibilities to extend them. Some of the most egregious complaints about the center have come from people who say it has taken years for their cases to be resolved. The center currently receives about 155 reports a week, which comes to more than 8,000 a year. When fully staffed, it has 77 people on its response and resolution team. “Too many other survivors have also been left waiting for years for SafeSport to investigate or have their cases closed without action,” said soccer player Mana Shim, who helped lawmakers draft the bill. Shim's own case, involving sexual harassment and coercion by her coach, took more than two years for the center to resolve and led to investigations and reforms across American soccer. Other reforms include a requirement for the center to provide victim advocates at no cost for those needing them — a move already underway as part of a menu of changes the center announced earlier this year — and to assign case managers who can give timely updates to victims and the accused. “I have questions around, if the center were to hire and staff the advocates, there might be some conflict of interest with us doing this internally," Colon said. The center was also concerned with one provision that would redefine how arbitration works and another that would change the dynamics of information sharing between the center and the USOPC and NGBs. The other bill sponsors were Reps. Dave Joyce, R-Ohio; Don Bacon, R-Nebraska; and Kathy Castor, D-Florida. The lawmakers positioned the bill as one that will help the Denver-based center, while making clear they are not satisfied with the results so far. “We're going to make sure the center has the resources it needs to effectively respond to thousands of reports it handles annually,” Castor said. “It has unfortunately fallen short." Ross conceded this bill will probably get pushed to the next Congress, which convenes Jan. 3, “but we needed to set the stage as soon as possible.” AP Summer Olympics: https://apnews.com/hub/2024-paris-olympic-games
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On December 4, 2024, the Ministry of Labor and Social Welfare announced an increase to the daily minimum wage that will be applicable in Mexico for 2025. Quick Hits Effective January 1, 2025, Mexico’s daily minimum wage will increase by 12 percent. The applicable daily minimum wage will be MXN $278.80 (approximately USD $13.76) and MXN $419.88 (approximately USD $20.72) for the Free Zone of the Northern Border. The National Commission on Minimum Wages ( Comisión Nacional de los Salarios Mínimos or CONASAMI), based on the consensus of the employment sector and the government, decided on a total 12 percent increase for 2025. Effective January 1, 2025, the applicable daily minimum wage will be MXN $278.80 (approximately USD $13.76)and MXN $419.88 (approximately USD $20.72) for the Free Zone of the Northern Border ( Zona Libre de la Frontera Norte , ZLFN). The increase is composed of a 6.5 percent fixed increase to the 2024 applicable minimum wage and an independent recovery amount ( Monto Independiente de Recuperación (MIR)) in accordance with the following: MIR for the ZLFN: $19.36 pesos MIR for the rest of the country: $12.85 pesos The increase for 2025 is a reflection of Mexico’s continuous commitment to taking steps toward improving the standard of living to bridge the income gaps between employees’ earnings and their needs and promoting social equality. The increase also complies with the United States-Mexico-Canada Agreement and the recommendations of the International Labour Organization (ILO). The increase to the daily minimum wage will be published in the Official Federal Gazette ( Diario Oficial de la Federación , DOF).It would be an understatement to say that Palantir Technologies ( PLTR 6.22% ) stock has been in fine form on the market in 2024, as shares of the software platform specialist have shot up a stunning 290% so far this year as of this writing. The past month alone has been a terrific one for Palantir investors as the stock has zoomed 62% since releasing its third-quarter results on Nov. 4. Artificial intelligence (AI) has played a defining role in this red-hot rally as enterprises and governments have been flocking to Palantir to help them integrate generative AI into their operations, helping the company accelerate its growth and build a robust revenue pipeline. Wall Street, however, isn't expecting Palantir stock to sustain its momentum in 2025. Let's see why. Palantir Technologies' valuation is too rich right now The 20 analysts covering Palantir have a one-year price target of $38 on the stock. That points toward a 43% drop from current levels. Another thing worth noting is that 35% of the analysts recommend selling Palantir stock. Half of them have a "hold" rating, while only 15% recommend buying it. Moreover, the Street-high price target of $75 suggests that Palantir stock could jump only 12% from where it is right now in the next year. The valuation is one of the main reasons why analysts aren't projecting much upside in Palantir stock. After all, Palantir is now trading at a whopping 62 times sales. Its trailing price-to-earnings (P/E) ratio stands at 342. While the forward earnings multiple of 137 points toward an improvement in its bottom line, it is still very rich. It is worth noting that these multiples are way higher than AI pioneer Nvidia , a company that has been growing at a much faster pace than Palantir. For instance, Nvidia's revenue in its latest quarter increased an impressive 94% year over year to $35.1 billion. Its earnings, meanwhile, jumped 103% to $0.81 per share. Palantir, on the other hand, reported a 30% increase in revenue in Q3 to $726 million. The company's adjusted earnings increased by 43% from the year-ago period to $0.10 per share. Of course, this is not an ideal comparison as Nvidia is primarily a hardware company that's also finding success in AI software , while Palantir is a pure-play software provider. However, the fact that Nvidia is growing at a much faster pace despite its bigger size and is trading at a much lower 32 times forward earnings when compared to Palantir makes the former a much more logical AI stock to invest in right now. Moreover, Palantir's valuation puts it at risk of a major sell-off in case there are any cracks in its growth story, which means that it will have to continue delivering stronger growth quarter after quarter to justify its rich multiples. Is 2025 going to be a difficult year for this AI stock? While there is no doubt that Palantir's valuation suggests that the stock may have run ahead of itself, there are a few things that are working in the company's favor and could be tailwinds for the stock next year. First, Palantir's revenue growth rate has improved in each quarter of 2024. Its top line was up 21% year over year in Q1, followed by a 27% increase in Q2. We have already seen that it clocked a 30% revenue jump last quarter, driven by the robust demand for the company's AI software platform. The second reason why Palantir may be able to sustain its impressive rally is the impressive growth in its customer count and deal size, which are allowing it to build a healthy long-term revenue pipeline. More specifically, there was a 39% increase in Palantir's customer count last quarter. The number of $1 million deals signed by the company increased to 104 from 80 in the year-ago period. As a result, the remaining deal value (RDV) of Palantir's contracts increased by 22% to $4.5 billion last quarter. Considering that this metric refers to the total remaining value of contracts the company was sitting on at the end of the quarter, its impressive growth suggests that Palantir is in a position to keep growing its revenue at a nice pace in the long run. The third reason why Palantir may still seem attractive to growth investors is its strong unit economics. The company's non-GAAP operating margin in Q3 stood at 38%, up from 29% in the same period last year. Unit economics refers to the profit made by a company from each customer or product it sells after deducting expenses. Favorable unit economics suggest that Palantir is making more money from its customers now, and that's not surprising. In the company's November earnings conference call , management gave several examples of its customers expanding their contracts after signing up to use its solutions. That trend could continue in the future as the AI software platforms market is currently in its early phases of growth. IDC forecasts that the spending on AI software platforms could jump from $27.9 billion in 2023 to $153 billion in 2028. As a result, the adoption of Palantir's offerings is likely to improve further in the long run, and its strong unit economics should ideally allow it to maintain its impressive earnings growth. The above factors explain why analysts have increased their earnings growth expectations from Palantir for 2025 and 2026. PLTR EPS Estimates for Next Fiscal Year data by YCharts If Palantir manages to continue outperforming analysts' expectations over the next year and attains stronger levels of revenue and earnings growth, there is a good chance that it may be able to justify its valuation and head higher in 2025. Conservative investors, however, would do well to look at other options if they are looking to capitalize on the AI boom, as Palantir's expensive valuation makes it prone to volatility.
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Cubs acquire All-Star outfielder Kyle Tucker in trade with the AstrosMALIBU, Calif., Dec. 13, 2024 (SEND2PRESS NEWSWIRE) — As the Franklin Fire nears containment, having scorched over 4,000 acres and displaced thousands of residents, the Satellite Phone Store ( satellitephonestore.com ) is stepping up to provide critical communication solutions to assist recovery efforts and prepare communities for future emergencies. The Franklin Fire, which destroyed six homes and damaged others, left many areas without reliable communication infrastructure. Satellite communication devices such as sat phones & starlink terminals , which function independently of damaged cell networks, are proving essential for both emergency responders and returning residents. IN RESPONSE TO THE CRISIS, THE SATELLITE PHONE STORE IS OFFERING: “A WAKE-UP CALL FOR PREPAREDNESS” “Disasters like the Franklin Fire remind us how essential reliable communication is during and after an emergency,” said Tina Blanco, CEO of Satellite Phone Store. “We’re here to help Malibu recover, but we also want to encourage everyone to think ahead. It’s never too late to prepare for the unexpected, and having the right tools can make all the difference.” SATELLITE COMMUNICATION: A LIFELINE DURING AND AFTER A CRISIS As displaced residents begin returning home, satellite communication tools are helping: With the wildfire starting to be under control, attention now shifts to the importance of emergency preparedness. Wildfires, earthquakes, and other natural disasters can happen at any time, and satellite communication ensures connectivity when traditional networks fail. WHY PREPAREDNESS MATTERS The Satellite Phone Store emphasizes the importance of readiness for future emergencies: PREPARE TODAY FOR TOMORROW’S EMERGENCIES As Malibu rebuilds, the Satellite Phone Store urges individuals and communities to take action now to prepare for what’s next. Reliable communication tools aren’t just for disasters—they’re a safeguard for the unexpected challenges of the future. About Satellite Phone Store: The Satellite Phone Store, a division of Connecta Satellite Solutions LLC , is a global leader in satellite communication technology. Specializing in satellite phones, portable internet hotspots, GPS trackers, and emergency equipment, the company equips families, businesses, and governments with tools to stay connected in extreme conditions. For more information, visit https://SatellitePhoneStore.com/ or call 1-877-324-6913. MEDIA CONTACT: Lacey Moore Website: SatellitePhoneStore.com Email: Care@SatellitePhoneStore.com Phone: 1-877-324-6913 Locations: California, Florida, Alaska NEWS SOURCE: Satellite Phone Store Keywords: Telecom and VoIP, Emergency, Telecom, Technology, Internet, Natural Disasters, malibu wildfires, portable internet, satellite internet, sat phones, franklin fires, emergency response, california, MALIBU, Calif. This press release was issued on behalf of the news source (Satellite Phone Store) who is solely responsibile for its accuracy, by Send2Press® Newswire . Information is believed accurate but not guaranteed. Story ID: S2P122844 APDF15TBLLI To view the original version, visit: https://www.send2press.com/wire/satellite-phone-store-steps-in-to-support-malibu-wildfire-recovery-with-lifesaving-communication-tools/ © 2024 Send2Press® Newswire, a press release distribution service, Calif., USA. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
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