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Beyond the Bargain Bin: 3 Stocks Leading Discount Retail Beyond the Bargain Bin: 3 Stocks Leading Discount Retail Discount retailers have become an attractive investment opportunity due to the current economic climate of persistent inflation. As consumers face rising costs for goods and services, the appeal of discount retailers, who offer consistently lower prices than traditional retail sector outlets, grows stronger. This positions them as potentially recession-resistant investment vehicles capable of withstanding economic downturns and thriving during inflationary periods. This is because discount retailers inherently benefit during economic downturns due to their focus on price-sensitive consumers, a demographic that grows during periods of hardship. The perception of stability and growth potential makes them attractive to investors seeking potentially safer waters during turbulent economic times. Q3 Earnings: Discount Retail’s Divided Front A closer examination of recent discount retailer performance data reveals a more intricate and less uniformly positive picture. The Q3 earnings season for discount retailers presented a study in contrasts, highlighting a significant difference in outcomes across the sector. While the collective revenue performance of tracked discount retailers marginally surpassed analyst consensus estimates, this surface-level success obscures considerable variations at the company level. Furthermore, forward-looking revenue guidance from these companies indicated a slight collective shortfall compared to analyst expectations, suggesting potential headwinds on the horizon for the sector as a whole. This mixed financial picture is also reflected in the market’s reactions, with the average share price of discount retailers experiencing a decline subsequent to their latest earnings reports. Within the mixed financial picture, certain discount retailers have demonstrated notable strength. Five Below (NASDAQ:) stands out with a 14.6% increase in net sales for the of Fiscal Year 2024 (Q3 FY2024). The company not only exceeded revenue expectations but also delivered impressive earnings performance, surpassing analyst estimates for earnings before interest, taxes, depreciation, and amortization (EBITDA) and earnings per share (EPS). TJX Companies (NYSE:) also showcased resilience and a 6% increase in net sales and a 3% rise in consolidated comparable store sales, reaching the high end of its projected range. TJX also exceeded expectations for pretax profit margin and EPS, further building upon its position as a sector leader. However, other discount retailers have presented a less optimistic performance narrative. Ross Stores (NASDAQ:), while also operating within the off-price segment, demonstrated slower momentum. In more recent quarterly reports, has been less robust compared to sector leaders, and the company has faced challenges in consistently exceeding analyst expectations. Burlington Stores (NYSE:) has similarly a more challenging environment. Recent financial reports indicate a trend of slower growth and instances of falling short of analyst revenue projections. Even Ollie’s Bargain Outlet (NASDAQ:), while positive net sales growth of 7.8% for a recent Q3 and aligning with revenue estimates, offered a full-year revenue guidance update that was considered less ambitious compared to peers, indicating a potentially more cautious outlook despite solid current performance. Beyond Low Prices: Niches and Operational Excellence Discount retail success isn’t just about low prices. Niche specialization, unique customer experiences, and strong operational execution are key factors for success in this industry. Five Below’s success is driven by its unique shopping experience and clearly defined niche market. By providing trend-right products priced at $5 or below to teens and pre-teens, Five Below creates a “treasure hunt” atmosphere that appeals to this age group. This targeted strategy, along with efficient store operations and rapid expansion, has resulted in increased revenue and brand loyalty within their specific market segment. Ollie’s Bargain Outlet is a closeout retailer that offers brand-name merchandise at significantly reduced prices. The company sources its products through closeouts and excess inventory, which allows it to pass the savings on to consumers. The company’s “Good Stuff Cheap” philosophy and constantly changing product assortment create a treasure hunt atmosphere that appeals to bargain-seeking consumers. Additionally, Ollie’s has a strong operational model that includes acquiring favorable leases from bankruptcies, which allows it to expand its store footprint efficiently. TJX Companies, which owns TJ Maxx, Marshalls, and HomeGoods, is a prime example of how scale, diversification, and operational expertise can lead to success in off-price retail. By offering brand-name and designer products at significantly discounted prices, TJX creates a “treasure hunt” experience that attracts a wide range of customers looking for value across various product categories. The company’s global sourcing network and advanced inventory management systems are key operational strengths, allowing it to consistently provide attractive bargains while effectively managing margins. Conversely, companies with weaker performance may lack a strong niche focus, differentiated customer experience, and operational efficiency. These companies may be broadly positioned within the discount sector without a clear niche, and their operational models may not be equipped to handle current economic pressures. Value Beyond the “Discount” Label Investors looking at the discount retail sector need to be highly selective. It’s no longer accurate to assume that all discount retailers will benefit equally from current economic conditions. Investors must carefully analyze key metrics like comparable sales growth, revenue expansion, and margin performance. Additionally, they should assess qualitative factors such as the strength of the company’s niche, the uniqueness of its customer experience, and the strength of its operating model. Specifically, investors should prioritize companies that demonstrate: A Clearly Defined and Defensible Niche: Companies targeting specific customer segments or offering unique product assortments or shopping experiences are better positioned to build brand loyalty and withstand competitive pressures. Operational Excellence: Efficient supply chains, sophisticated inventory management, and disciplined cost control are critical for maintaining profitability in the low-margin discount retail environment. Adaptability and Innovation: In a rapidly changing retail landscape, companies that demonstrate the ability to adapt to changing consumer preferences, integrate omnichannel strategies, and innovate their business models are more likely to achieve sustained success. Consistent Financial Performance: Track records of consistent revenue growth, healthy margins, and positive earnings trends provide greater assurance of investment quality than short-term sector hype. Discount Retailers Offering Unique Market Positioning Deliver Strong Returns The discount retail sector offers a varied and complex investment landscape. Although broad economic trends favor value-oriented retail, Q3 earnings data show a sector that is far from uniform. Companies that have carved out unique niches, provide exceptional customer experiences, and operate efficiently are experiencing the most success and generating the best investor returns. The discount retail sector presents opportunities for investors who are willing to look beyond the surface-level appeal and perform thorough company-specific analysis. True value can be found, but only by those who can distinguish it from the sector-wide hype. Original Post Source link #Bargain #Bin #Stocks #Leading #Discount #Retail Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

China condemns US after line on 'Taiwan independence' cut from site – BBC.com China condemns US after line on 'Taiwan independence' cut from site – BBC.com China condemns US after line on ‘Taiwan independence’ cut from site BBC.comChange to State Department website sparks fiery rebuke from Beijing over Taiwanese independence CNNWhat is ‘Taiwan independence’ and is Taiwan already independent? ReutersUS drops wording saying it does not support Taiwan independence Al Jazeera EnglishUS State Department edits website language on Taiwan independence Semafor Source link #China #condemns #line #039Taiwan #independence039 #cut #site #BBC.com Pelican News View the full article at [Hidden Content]

Big W announces major update to “Change of Mind” returns policy Big W announces major update to “Change of Mind” returns policy One of Australia’s retail giants has announced a major update to their “Change of Mind” returns scheme and warned shoppers of items that no longer qualify for the policy. A customer of a Big W branch in eastern Sydney took to social media to document new signage about the retailer’s list of now-ineligible items. “Please be aware of the new regulations at Big W Eastgardens when wanting to return something,” they wrote. “Share so people don’t get caught out when needing to return something.” Camera IconBig W has announced a major returns policy change. NewsWire / Andrew Henshaw Credit: News Corp Australia From February 3, items including cosmetics (if the hygiene seal is broken), beauty products, hosiery, underwear (excluding bras) and swimwear are among the items no longer allowed for “change of mind” returns. Printer cartridges, personalised printing material, bedding and accessories (where the seal or packaging has been opened), tents, trampolines and furniture (where the package has been opened or components have been used) are also excluded from the policy. Most social media users welcomed the changes. “All 100% fair enough. I wouldn’t want to buy any of these items that had been returned,” one wrote. Camera IconA keen-eyed shopper snapped a picture of the updated terms at a Sydney store. Facebook Credit: SuppliedCamera IconBig W shoppers have been warned about the change in policy. NewsWire / David Geraghty Credit: News Corp Australia One person said there should be “no change of mind returns” at all. “I would have thought this was common sense and already in place,” another wrote. According to their website, Big W has a 90 day change of mind return policy given the returned item isn’t part of the excluded list. The product also has to be in its original saleable condition and packaging, with all accessories included, and not been worn or used and, if a perishable product, is not expired. Other items on the list of excluded products include: Food items, any item that is personalised, digital downloads, prepaid cards or vouchers, clearance items; and products purchased from BIG W Market, MyDeal, Everyday Market, Everyday Rewards Shop and eBay. Source link #Big #announces #major #update #Change #Mind #returns #policy Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Navalny’s widow marks anniversary of his death with call for ‘free’ Russia Navalny’s widow marks anniversary of his death with call for ‘free’ Russia The widow of the late Russian opposition leader Alexei Navalny has urged people to fight for a “free” Russia on her husband’s death anniversary. Yulia Navalnaya, in a video shared on her late husband’s YouTube channel, said the opposition supporters “know why we are fighting: for a future Russia free, peaceful and beautiful”. She added: “The one Alexei dreamed of is possible; do everything to make his dream come true.” Navalny, a fierce Kremlin critic, was announced dead by Russian authorities on 16 February 2024 while serving time in a “special regime” penal colony in central Russia. The 47-year-old had reportedly fallen unwell after a walk at the jail before losing consciousness. Navalny was arrested in 2021 after returning to Russia and had been serving sentences totalling more than 30 years on a number of charges, which were widely rejected by the international community as trumped up. Fresh flowers and burning candles adorn a portrait of late Russian opposition leader Alexei Navalny (EPA) Since her husband’s death, Navalnaya has vowed to continue his fight and spent the past year speaking publicly on Russia. She accused Russian president Vladimir Putin of trying to “erase our memory of Alexei’s name, of hiding the truth about his ******* and forcing us to give up”. “Everyone can do something: protest, write to political prisoners, change the minds of those close to you, support each other,” she said in the Russian language. “Alexei inspires people … who understand that our country is not just about war, corruption and oppression.” Navalny’s Anti-Corruption Foundation continues to expose corruption in Russia in colourful videos and organises occasional protests abroad, condemning Mr Putin and the war in Ukraine. A woman places flowers by a photograph of Russian opposition leader Alexei Navalny (AP) Hundreds of people on Sunday paid their respects to Navalny in an act of protest in Russia, risking prison sentence. His grave at the Borisovsky Cemetery in Moscow was covered with flowers and cards as supporters flocked to pay tribute to him. Western diplomats, including those from the US, the *** and EU, also came to honour his memory. A Moscow resident called Alexander told the Associated Press that Navalny was someone who “fought the way no one” else did to change the country. Navalny’s mother, Lyudmila, once again called for those responsible for his death to be brought to justice. “The whole world knows the person who ordered (it). But we want those who carried it out to be known, too,” she told reporters. The EU’s foreign policy chief, Kaja Kallas, said Mr Putin bore the “ultimate responsibility” for Navalny’s death. Navalny “gave his life for a free and democratic Russia”, she said as she called for the release of political prisoners in Russia. “As Russia intensifies its ******** war of aggression against Ukraine, it also continues its internal repression, targeting those who stand for democracy,” Ms Kallas said. ******* chancellor Olaf Scholz in his tribute to Navalny said Mr Putin’s critic died “because he fought for democracy and freedom in Russia”. Mr Putin “brutally combats freedom and its defenders. Navalny’s work was all the more brave,” Mr Scholz said. “His courage made a difference and reaches far beyond his death.” Navalny is the second opposition leader whose sudden death shocked Russia and the world. In February 2015, prominent politician Boris Nemtsov was gunned down on a bridge near the Kremlin just days before he, Navalny and others were expected to lead a mass anti-Putin rally. Source link #Navalnys #widow #marks #anniversary #death #call #free #Russia Pelican News View the full article at [Hidden Content]

Fixing Germany’s economy is a critical task for the country’s next government – The Associated Press Fixing Germany’s economy is a critical task for the country’s next government – The Associated Press Fixing Germany’s economy is a critical task for the country’s next government The Associated PressGerman voters demand change as Europe’s biggest economy stalls ReutersGermany’s economy is in the dumps. Here are 5 reasons why The Associated PressAs Germany’s economic miracle unravels, its dark past is coming back to haunt it The TelegraphEquity Bulls Risk Sleepwalking Into ******* Election-Fueled Drop Bloomberg Source link #Fixing #Germanys #economy #critical #task #countrys #government #Press Pelican News View the full article at [Hidden Content]

Save up to 73% off on Web Hosting at HostGator with exclusive link Save up to 73% off on Web Hosting at HostGator with exclusive link With over two decades of experience, HostGator is a much-loved and well-respected provider in the web hosting world. There’s a lot of good reasons that it’s featured in our list of the best web hosting providers, not least the fact that every plan comes with unlimited storage and unmetered bandwidth. With dedicated plans for a whole range of users, HostGator is the perfect partner for customers who need everything from a simple domain and web space bundle to business users that require the backup of around-the-clock support services and extensive e-commerce content. Thanks to our exclusive link, you can now save up to 73% off on web hosting at HostGator. Considering you’ll get all the tools to get the job done, including WordPress hosting, one-click installs and free SSL certificates, there’s little reason to look elsewhere. You can also take a look at our full set of HostGator coupon codes for the latest offers. Why we love HostGator HostGator offers a wide range of products and services with core packages ranging from the Hatchling Plan, the Baby Plan and the Business Plan. These are suited to all kinds of individual or business requirements, as well as beginner and smaller-sized sites. Whatever your hosting needs are, HostGator has a plan for you. An additional benefit if you sign up to a HostGator hosting plan is that you’ll get a free HostGator domain for one year. And that’s not the only way to save money; through their referral program each friend you refer will receive a 65% discount on a membership plan and you’ll get $50 in credit. Source link #Save #Web #Hosting #HostGator #exclusive #link Pelican News View the full article at [Hidden Content]

Ben O’Shea: Why the Premier is hedging his bets on NRL Ben O’Shea: Why the Premier is hedging his bets on NRL Should Roger Cook come clean over a $300 million plan to bring an NRL team to Perth? Source link #Ben #OShea #Premier #hedging #bets #NRL Pelican News View the full article at [Hidden Content]

Gwynedd house prices plunge as council acts on second homes Gwynedd house prices plunge as council acts on second homes Felicity Evans Money editor, BBC Wales News Getty Images The local authority in Gwynedd charges a 150% council tax premium on second homes or holiday lets House prices in a county where the council has introduced measures to crack down on second homes have fallen by more than 12% year-on-year, according to new figures. The local authority in Gwynedd, north-west Wales, recently introduced a requirement to obtain planning permission to turn residential properties into second homes or holiday lets. It is also one of a number of Welsh councils which charges a 150% council tax premium on such properties. The council, Cyngor Gwynedd, said its aim was to “increase the availability of high-quality, affordable homes for local people”. The fall in value represents the biggest annual drop of any region in the Principality Building Society’s Wales House Price Index, covering residential property sales in the final three months of 2024. The average house price in Wales has remained broadly flat year-on-year and is now £233,194, according to the building society. Tom Williams and his family, who live in Lancashire, are struggling to sell the second home they own in Morfa Nefyn, Gwynedd. “I have four grandchildren who had a wonderful time there every summer and it’s been great, we’ve loved it,” said Mr Williams, who has owned the house for 20 years. Tom Williams has reduced the asking price for his house in Gwynedd by £40,000 Mr Williams and his wife put the house on the market in April 2024 but said they had had little interest from potential buyers, despite dropping the price by £40,000. “I put it down to all the other properties in the village that are up for ***** at the moment,” he said. Mr Williams believes some of the interventions by the council have prompted a lot of people to sell, while also putting off potential buyers. Cyngor Gwynedd has been trying to address the shortage of housing for local people in tourist areas and has more than doubled the council tax charge on second and holiday homes. Mr Williams’ second home in Morfa Nefyn has been on the market for nearly a year The council also recently introduced Article 4, which requires property owners to obtain planning permission to turn residential homes into second or holiday homes. “I’ve spoken to a lot of families who have had homes there for generations and they’re saying the same thing – how can we carry on with this?” said Mr Williams. North Wales estate agent Dafydd Hardy described the housing market in Gwynedd as “mixed”, with local interventions on second homes leading to “more properties coming on to the market”. But he said the price of a second home was often “outside the affordability of the local purchaser”. “What we need to see is balance in the market,” he said, including “more house building as far as first-time buyers are concerned”. How have house prices changed in the rest of Wales? According to the Wales House Price Index, Pembrokeshire saw the second biggest annual fall in prices at 8.9%. The council there recently voted to reduce the council tax premium on second homes from 200% to 150%. By comparison, Carmarthenshire saw the biggest year-on-year increase in house prices at 9.2%. The council there is introducing a council tax premium of 100% on second homes from April. Iain Mansfield of the Principality Building Society said the housing market across Wales had shown “resilience” over the past 12 months. Sales were up by 28% year-on-year, which Mr Mansfield said demonstrated “greater consumer confidence” with lower interest rates making mortgages more affordable. “I think we’re seeing a more positive outlook for those people who want to buy a house in 2025,” said Mr Mansfield. Locals ‘priced out’ Mr Mansfield said the “sizeable” drop in prices in Gwynedd over the past year was reflected in “some of the other coastal areas in Wales”. He said the drop could “potentially” be explained by “some of the interventions that have been made in the area around second home ownership”. Cyngor Gwynedd said “over 65% of Gwynedd’s population was priced out of the housing market” and tackling the housing shortage was a “key priority”. It said it introduced Article 4 to “gain better control over the existing housing stock” and they were “continuously monitoring its effects”. It added some of the money raised by the council tax premium was used to enable “the development of new homes, the creation of supported accommodation for those facing homelessness and grants and loans to help local people secure housing, amongst many other projects”. Source link #Gwynedd #house #prices #plunge #council #acts #homes Pelican News View the full article at [Hidden Content]

Rhys Bellinge: Perth obstetrician charged over a fatal Dalkeith ****** from wealthy western suburbs family Rhys Bellinge: Perth obstetrician charged over a fatal Dalkeith ****** from wealthy western suburbs family Dr Bellinge is the son of multimillionaire businessman Bruce Bellinge, an IVF pioneer and one half of a power couple who are major shareholders in a billion-dollar employment and disability service provider. Source link #Rhys #Bellinge #Perth #obstetrician #charged #fatal #Dalkeith #****** #wealthy #western #suburbs #family Pelican News View the full article at [Hidden Content]

Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments ‘Might Not Count’ Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments ‘Might Not Count’ President Donald Trump on Sunday said that his administration is investigating the U.S. national debt, suggesting that certain Treasury payments may be fraudulent and “might not count.” Speaking aboard Air Force One, Trump said his administration is reviewing debt records to uncover potential financial mismanagement. The U.S. national debt is approximately $36.2 trillion, exceeding 120% of the country’s GDP, according to the U.S. Treasury. Trump indicated that Treasury payments are currently under review. “We’re even looking at Treasuries,” he said. “There could be a problem—you’ve been reading about that. That could be an interesting problem…It could be that a lot of those things don’t count. In other words, some of that stuff that we’re finding is very fraudulent, therefore maybe we have less debt than we thought.” Don’t Miss: National Economic Council Director Kevin Hassett told CNBC on Monday that Trump’s comments weren’t about payments to holders of US debt but possible improper payments to contractors and for grants. This has sparked questions from financial experts since Treasury securities are considered some of the safest investment instruments worldwide. While Trump has suggested that fraudulent payments could be inflating the national debt, independent budget watchdogs argue that the administration’s proposed tax cuts would add trillions of dollars in new debt. The Committee for a Responsible Federal Budget estimated that Trump’s tax plans will add $7.75 trillion to the projected debt through fiscal year 2035. Trending: ‘Scrolling To UBI’ — Deloitte’s #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. To help crack down on eliminating waste and identify fraudulent spending in the federal government, Trump has enlisted billionaire Elon Musk to lead an overhaul of federal government operations. Musk’s newly established Department of Government Efficiency has reportedly been reviewing payroll and spending records, raising privacy and security concerns. A federal judge recently blocked Musk’s team from accessing and storing data from certain government financial systems, citing the risk of improper disclosure of sensitive information. Treasury Secretary Scott Bessent said that Musk’s team had only “read-only” access and could not make changes to the system. Story Continues Beyond speculative fraudulent payments from the Treasury, Trump also said that foreign countries play a role in the United States’ rising debt, blaming countries like Mexico and Canada for taking advantage of the U.S. in trade deals. “We’re not that rich right now. We owe $36 trillion dollars. That’s because we let all these nations take advantage of us,” Trump told Fox News in an interview aired on Sunday. See Also: The average 401(k) balance soars to a record-breaking high – Here’s how to know if your nest egg is keeping pace. While Trump tied trade deficits to the national debt, financial experts say the two are separate issues. Trade deficits measure the difference between a country’s imports and exports, whereas the national debt reflects government borrowing over time. Treasury data shows that as of November, Canada and Mexico held $374 billion and $100 billion in U.S. Treasury securities, respectively. Trump’s investigation into Treasury payments has sparked debate among economists and lawmakers. While supporters argue that identifying wasteful government spending is crucial, critics warn that questioning the validity of Treasury payments could destabilize global financial markets. With the debt ceiling deadline looming, all eyes are on Congress to determine the future of U.S. fiscal policy. As this situation develops, financial experts emphasize the importance of distinguishing between legitimate debt obligations and potential inefficiencies in government spending. Whether Trump’s efforts will yield meaningful reductions in the national debt remains to be seen. Read Next: Up Next: Transform your trading with Benzinga Edge’s one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today’s competitive market. Get the latest stock analysis from Benzinga? This article Trump Investigates U.S. Debt for Fraud, Suggests Treasury Payments ‘Might Not Count’ originally appeared on Benzinga.com © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Source link #Trump #Investigates #U.S #Debt #Fraud #Suggests #Treasury #Payments #Count Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

China Names Its Moon Spacesuit and Rover Ahead of Lunar Mission China Names Its Moon Spacesuit and Rover Ahead of Lunar Mission China has officially announced the names for its next-generation lunar spacesuit and crewed moon rover, both essential for its planned human moon landing before 2030. The China Manned Space Agency (CMSA) revealed that the spacesuit will be called “Wangyu,” meaning “gazing into the cosmos,” while the rover has been named “Tansuo,” which translates to “explore.” The selection process involved public participation, with over 9,000 suggestions submitted in 2024. The announcement marks a significant step in China’s ambitions to expand its human spaceflight programme and establish a presence on the moon. Development of Lunar Hardware Progressing As reported by space.com, according to CMSA, the Wangyu spacesuit is designed to be lightweight and resilient, providing enhanced protection against the moon’s extreme conditions. In an interview with China Central Television (CCTV), Zhang Wanxin, director of the spacesuit engineering office at the China Astronaut Research and Training Center, stated that the prototype development phase has been reached. Performance and function assessments are currently being conducted to ensure the suit meets operational standards. The Tansuo rover, intended to transport astronauts on the lunar surface, is also advancing through development. Zhang Chongfeng, a spacecraft designer at CMSA, told CCTV that the prototype has undergone testing at a simulated lunar surface site. Detailed design modifications and engineering assessments are ongoing to refine its capabilities. China’s Lunar Mission Framework China has set a goal to land astronauts on the moon before 2030, with key infrastructure and technological components under development. Ground facilities for production and testing have been completed, while construction at the Wenchang Spacecraft Launch Site in Hainan is progressing. CMSA also confirmed the names of additional mission components, with the crew spacecraft designated “Mengzhou” (“Dream Vessel”) and the lunar lander named “Lanyue” (“Embracing the Moon”). Reports indicate that China’s approach involves an integrated system, including a new heavy-lift launch vehicle, crewed spacecraft, and surface mobility solutions. The mission aligns with broader national goals to advance space exploration and scientific research beyond low Earth orbit. Source link #China #Names #Moon #Spacesuit #Rover #Ahead #Lunar #Mission Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

US drops wording saying it does not support Taiwan independence – Al Jazeera English US drops wording saying it does not support Taiwan independence – Al Jazeera English US drops wording saying it does not support Taiwan independence Al Jazeera EnglishChange to State Department website sparks fiery rebuke from Beijing over Taiwanese independence CNNChina condemns US after line on ‘Taiwan independence’ cut from site BBC.comWhat is ‘Taiwan independence’ and is Taiwan already independent? ReutersUS State Department edits website language on Taiwan independence Semafor Source link #drops #wording #support #Taiwan #independence #Jazeera #English Pelican News View the full article at [Hidden Content]

Perth Mint medallions mark 40-year milestone of Susannah Carr and Rick Ardon Perth Mint medallions mark 40-year milestone of Susannah Carr and Rick Ardon Susannah Carr and Rick Ardon’s world-best achievement presenting Channel 7 nightly news for 40 years definitely deserves a medal. And that’s what Perth Mint thought aswell — marking the incredible achievement by printing of 1000 commemorative medallions, featuring their names and images. “It was a surprise, because I don’t think we were expecting anything like this to commemorate the 40 years, but it’s fantastic,” Carr said. “There are only going to be 1000 and we know we’re going to be at Lakeside Joondalup and Cockburn Gateway and there’ll be a number of them given away at each place. “It’ll be something that hopefully people want to collect and you’ve got a chance to get one when we go to those shopping areas.” Ardon said the medallion was also a nice trip down memory lane. “It’s a really old photos (on the medallions) too which make me chuckle a little,” he said. “There have been so many photos over the years, you tend to forget what you used to look like.” Camera IconRick Ardon and Susannah Carr hold the commemorative medallions in the Perth Mint’s coining division. Credit: Danella Bevis/The West *********** Carr and Ardon have been presenting Perth’s evening news together since the 24th of January 1985. They are the longest-serving television news anchor duo on the planet — as recognised by Guinness World Records in 2022. Perth Mint chief executive officer Paul Graham expected the medallions to be highly-sought after. “It’s iconic, it’s unique, there’ll never be another thing like it,” he said. Camera IconThe commemorative medallion in honour of Rick Ardon and Susannah Carr’s 40 years presenting the 7NEWS Perth bulletin together. Credit: Danella Bevis/The West *********** “The mintages are very low, only 1000 will ever be made and for those lucky enough to get their hand on one, enjoy, it’ll be a keepsake.” “It’s quite a fantastic and unique opportunity to be able to celebrate two iconic figures here in Western Australia who have endured success for over 40 years.” Source link #Perth #Mint #medallions #mark #40year #milestone #Susannah #Carr #Rick #Ardon Pelican News View the full article at [Hidden Content]

Hidetaka Miyazaki Is the Godfather of Some of the Most Evil Boss Fights but Elden Ring Missed the Mark Many Times Hidetaka Miyazaki Is the Godfather of Some of the Most Evil Boss Fights but Elden Ring Missed the Mark Many Times FromSoftware is one of the most respected and successful studios in the gaming industry. One of their most praised qualities is how the studio has made some of the most challenging and rewarding boss fights in gaming history. Hidetaka Miyazaki’s games are known for their difficulty, and they also have some iconic bosses. They’re not all perfect though. There are some good bosses in the game but some bad ones too. | Image Credit: FromSoftware Elden Ring came out in 2022 and is easily one of the best games ever made. While FromSoft hit a home run with this game, there have also been some misses, especially in the boss department. Ironically enough, the game’s most recognizable boss is the best example of this problem. Elden Ring has some problematic bosses Why is Malenia designed this way? | Image Credit: FromSoftware FromSoftware’s best bosses build upon mechanics the player has learned throughout the game. In Elden Ring, many of the bosses we fight teach us important new lessons. An example of this comes early into the game with Margit teaches us patience and that bosses can have long, winding attacks. But some bosses disregard all of these concepts. Malenia is the biggest one. Comment byu/slashlmao from discussion inEldenring Malenia is an optional boss who we can only find at the bottom of Miquella’s Haligtree. She is widely regarded as one of the hardest fights in Elden Ring. But why? On paper, she is everything a great FromSoftware boss should be: graceful, aggressive, and mechanically unique. But many players argue that she crosses the line from being “challenging but fair” to having outright broken design. The Waterfowl Dance, in particular, has become one of the most iconic attacks in the Soulsborne franchise. The problem isn’t just damage but it’s how difficult it is to dodge. It’s easy enough if you’re already far from her but if she uses it in front of you, the dodge timing is extremely specific and often impossible. Add that to the fact that she life steals and heals herself with every attack she lands on you and it’s like she may as well have her own healing flasks. One second you’re dodging the stupid attack and the next you notice that all your hard-earned damage has already been healed up. The worst part is that she isn’t the only boss in the game with these problems. The dragon bosses in Elden Ring are also extremely annoying to fight. But it has nothing to do with difficulty this time. Big and Giant bosses in the game work terribly with the game’s camera because you often have to go up close to them to avoid attacks. But this also makes it so you can’t see half the actions they’re doing. Hidetaka Miyazaki and FromSoft probably didn’t see it coming Or maybe these bosses are broken because of his genius? | Image Credit: @thegameawards/YouTube There’s also the example of Commander Gaius from the Shadow of the Erdtree DLC who is just a stupid boss. We fight him on his big mount in an open area and he keeps spamming a charge attack that has an unusually big hitbox. So even if you dodge it, the tail end of his mount can still somehow hit you. Combine that with the fact that he keeps zooming around the battlefield and it’s just an all-round horrible experience. A defining part of Miyazaki’s games is that bosses often serve as learning experiences. While a lot of people saw Malenia as the pinnacle of Elden Ring’s difficulty, she is also a good example of a mistake in FromSoftware’s otherwise masterful boss design. In the end, Malenia represents both the best and worst of Elden Ring. Despite Elden Ring’s incredible success, it’s clear that some of its boss fights missed the mark. FromSoftware’s bosses have always been difficult, but some of Elden Ring‘s bosses miss the mark not because they are difficult, but because of poor design. Source link #Hidetaka #Miyazaki #Godfather #Evil #Boss #Fights #Elden #Ring #Missed #Mark #Times Pelican News View the full article at [Hidden Content]

Marjorie Taylor Greene Warned What’s ‘A Bit Toxic’ And You Know What Happened Next Marjorie Taylor Greene Warned What’s ‘A Bit Toxic’ And You Know What Happened Next Rep. Marjorie Taylor Greene (R-Ga.) faced accusations of hypocrisy this weekend after she warned that “too much social media turns things a bit toxic.” “I hate seeing this on our side,” the conspiracy theory-peddling Donald Trump acolyte — who frequently uses her own social accounts to attack political opponents and others — lamented on Elon Musk’s X, the platform formerly known as Twitter. Greene added: “People need to put their phones down and live life. Go outside, enjoy God’s creation. Exercise. Cook a good healthy meal. Visit your loved ones and tell them how important they are. I hope you all have a good weekend.” Critics said Greene was gaslighting and more. Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Related… Source link #Marjorie #Taylor #Greene #Warned #Whats #Bit #Toxic #Happened Pelican News View the full article at [Hidden Content]

What’s open and closed on Presidents’ Day – CNN What’s open and closed on Presidents’ Day – CNN What’s open and closed on Presidents’ Day CNNIs the stock market open or closed on Presidents Day 2025? See holiday schedule USA TODAYIs Publix open on Presidents’ Day? Are Florida schools, stock market closed? See the list Tallahassee Democrat Source link #Whats #open #closed #Presidents #Day #CNN Pelican News View the full article at [Hidden Content]

Xenokratous Street: Shopping at the Farmers’ Market and Dining at Historic Eateries Xenokratous Street: Shopping at the Farmers’ Market and Dining at Historic Eateries Regardless of the day, Xenokratous is a beautiful street. On the slopes of Lycabettus Hill, near Dexameni Square, the Gennadius Library, and the American School of Classical Studies, this tranquil tree-lined road intersected by public stairways offers stunning city views. A stark contrast to the bustling center just a short distance away, it retains a historic charm that still justifies its old nickname: “The Beautiful Place”. However, Fridays are particularly special, as Xenokratous becomes a vibrant marketplace where shoppers can find exceptional local products. What’s more, the street is home to several of Athens’ most cherished restaurants, wonderful eateries that have stood the test of time. This part of the area still has a neighborhood feel, and the Xenokratous farmers’ market is a meeting place. © Angelos Giotopoulos This part of the area still has a neighborhood feel, and the Xenokratous farmers’ market is a meeting place. © Angelos Giotopoulos Every Friday, from six in the morning, Xenokratous fills with stalls. Fresh shiitake mushrooms, purple carrots, and Aegean cheeses are just some of the things we find there. © Angelos Giotopoulos Every Friday, from six in the morning, Xenokratous fills with stalls. Fresh shiitake mushrooms, purple carrots, and Aegean cheeses are just some of the things we find there. © Angelos Giotopoulos Friday Morning at the Farmers’ Market The scent of freshly picked flowers that decorate Kostas’ market stall fills the air. He personally gathers wild greens from the mountains and grows his own vegetables, including both broccoli and cabbage. He is just one of the many dedicated farmers who set up their stalls early every Friday morning, continuing a tradition that dates back to 1939. Today, the market boasts a wide array of fresh produce, including tangerines, oranges, purple carrots, kale and unique varieties of mushrooms. This vibrant farmers’ market has also been captured by Panayiotis Tetsis in his eponymous work. © Angelos Giotopoulos This vibrant farmers’ market has also been captured by Panayiotis Tetsis in his eponymous work. © Angelos Giotopoulos Panagiotis Bakos’ stall is a must-visit; it offers everything from fresh shiitake and king oyster mushrooms to the rare “lion’s mane” variety with its distinct meaty texture, all grown in Arcadia at his family’s farm. Nearby, Antonis Triantafyllopoulos proudly displays a selection of exquisite Greek cheeses, many of which are difficult to find even in specialty stores. His inventory includes rare Aegean varieties such as the skotyri or the “Homer Trilogy” from Ios’ renowned Niotiko dairy, along with volaki from Andros, authentic spicy kopanisti from Mykonos, and aged graviera from Naxos. He also stocks fresh butter from the Tositsa Foundation. “It was my dream to seek out and bring to market the best products our country has to offer,” says Triantafyllopoulos, a former journalist who switched careers to pursue this passion. These days, he can be found at various farmers’ markets across Athens, including those at Xenokratous and Neos Kosmos. A passing customer calls out “I grew up in a small village, and these cheeses remind me of home,” which puts a smile on Triantafyllopoulos’ face. “Nostalgia and taste,” he calls back, “what a perfect combination!” At Filipou’s white-clothed tables, we enjoy familiar, well-prepared food. © Angelos Giotopoulos At Filipou’s white-clothed tables, we enjoy familiar, well-prepared food. © Angelos Giotopoulos Restaurants That Feel Like Home For over a century, Filipou has been a staple of the neighborhood. Established in 1923 by Konstantinos Filipou as an icehouse and a coal shop, it later became a humble taverna famous for its homemade wine; the taverna’s wine even won a gold medal in 1935. Over time, the venue established a reputation as a classic Greek eatery, known for its traditional slow-cooked dishes, including lentil soup and bean stew, which remain customer favorites. Today, Patricia Filipou and her daughters Cynthia and Marianna continue the family legacy, ensuring that every meal is prepared with the same care and attention to detail. Regulars treat it as their second home, often enjoying plates of pastitsio or moussaka in the quiet company of a newspaper or book. “To Omorfo” © Angelos Giotopoulos “To Omorfo” © Angelos Giotopoulos The recipe collection at To Omorfo includes over 150 different dishes, which rotate daily. © Angelos Giotopoulos The recipe collection at To Omorfo includes over 150 different dishes, which rotate daily. © Angelos Giotopoulos Apostolos Gerodimos, owner of another beloved classic, To Omorfo, understands what such eateries represent to their faithful patrons. “During one renovation, a number of customers came by, anxious that we would change something about the place. Of course, I didn’t, nor do I ever intend to – I feel I don’t have the right to,” he says. Founded in 1936 by an Epirus native from Konitsa, the restaurant initially operated as a small café-taverna before moving to its current location in 1964. It was later taken over by the Gerodimos family, first by Vasilis and his wife Chrysa, and later by their son Apostolos, who practically grew up in the kitchen. “I have a photo of the restaurant from when there were no apartment buildings around – Lycabettus was still a quarry, and the area was a grazing ground, which is why it was called ‘Goat Fields’ or ‘Sheep Fields,’” Apostolos recounts. The restaurant was a favorite among politicians and artists, including Melina Mercouri, Jules Dassin and Kostas Roussos. Many classic Greek films were shot along Xenokratous Street as well, with local children appearing as extras. “Xenokratous still has a neighborhood feel and a real sense of urban elegance,” Gerodimos says. The restaurant’s menu varies, drawing on a range over 150 traditional Greek dishes that rotate daily. You might find anything from slow-cooked lamb with potatoes to spanakorizo (spinach rice), Kastoria-style baked beans, chicken soup with orzo, veal with zucchini in avgolemono sauce, or homemade pies from Epirus. The only oil used is olive oil, and the next day’s menu is only decided the night before, based on the freshest ingredients available. The charming rituals of the past are still observed at L’Abreuvoir. © Angelos Giotopoulos The charming rituals of the past are still observed at L’Abreuvoir. © Angelos Giotopoulos Café de Paris or Nigiri? One of the oldest and most esteemed French restaurants in Athens, L’Abreuvoir has remained a favorite for decades. Where else can you enjoy an authentic entrecôte Café de Paris with crispy matchstick fries, steak tartare, tournedos Rossini, onion soup, escargots de Bourgogne, rustic coq au vin, or sole meunière, all served with the elegant rituals of classic French dining? Over the years, it has hosted countless celebrities, including Omar Sharif, Jean-Paul Belmondo, Aristotle Onassis and Maria Callas. Established in 1965 by French-educated Alexis Kotsis and his wife Gianna, it remains in the hands of their children, Spyros and Claire, who continue its legacy. Be sure to order the chocolate soufflé in advance – it takes time to prepare, but it’s worth every minute. Kiku, one of Athens’ pioneering Japanese restaurants, has moved from Dimokritou Street to a new home on Xenokratous. The venue’s warm ambiance sets the stage for an innovative menu that blends traditional nigiri and rolls with creative influences from global cuisine. Pair your meal with a handcrafted ********* or, even better, choose from their extensive selection of saké. Source link #Xenokratous #Street #Shopping #Farmers #Market #Dining #Historic #Eateries Pelican News View the full article at [Hidden Content]

China seeks stronger cooperation with Germany and EU China seeks stronger cooperation with Germany and EU By Liz Lee BEIJING (Reuters) -China considers Germany and the European Union as a whole as strategic partners, and it wants stronger cooperation with them in the spirit of free trade and multilateralism, the ******** foreign minister told the ******* chancellor on Saturday. Foreign Minister Wang Yi told Chancellor Olaf Scholz China was willing to deepen “all-round cooperation” with Germany as part of positive bilateral efforts to maintain global peace and stability. Trusted news and daily delights, right in your inbox See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. Wang was in Germany, the EU’s biggest economy, to attend the annual Munich Security Conference and held talks with the EU’s foreign policy chief and his Spanish and French counterparts, as well as with Scholz. Germany, whose huge car sector is reliant on China, voted last October against the European Union’s tariffs on China-made electric vehicles (EVs). According to a statement from the ******** foreign ministry, Wang conveyed to Scholz China’s appreciation of Germany’s “rational and pragmatic” attitude towards the tariffs. He said he hoped Germany would “continue to play a constructive role in resolving trade frictions and other issues between China and the EU as soon as possible,” the statement said. Without giving detail, the statement also said China and the EU should jointly work towards better mutual relations. The officials discussed the Russia-Ukraine conflict, with Wang saying China and Europe share the goal of wanting to move towards a peaceful resolution of the crisis. “China is willing to maintain communication with Germany and other relevant parties and continue to play a constructive role in promoting peace talks,” Wang said. Following increased pressure from the United States on European members of NATO to increase their defence expenditure, Wang spoke of the necessity for a “balanced, effective and sustainable” European security framework, an official ******** statement said. Wang on Friday gave a speech at the Munich conference, laying out China’s position on the Ukraine war and urging peace talks that included all stakeholders involved in the conflict. According to a separate statement from China, Wang also told his ******* counterpart on the sidelines of the conference that Germany has been a “stabilising force” in its relations with the EU. Wang said China saw no fundamental conflicts between it and the EU in remarks to Kaja Kallas, the EU’s foreign policy chief, also on the conference’s sidelines, and said China was willing to work to enhance mutual understanding and pursue global stability. During his time in Munich, Wang also met his French counterpart and urged a cooling of any trade friction. “As comprehensive strategic partners, we believe that China and France and China and the EU have the wisdom and ability to handle the matter properly,” he said. (Reporting by Liz Lee and Xu Jing; editing by David Evans and Barbara Lewis) Source link #China #seeks #stronger #cooperation #Germany Pelican News View the full article at [Hidden Content]

Kratos Was the Most Evil in God of War Kratos Was the Most Evil in God of War Kratos’ character arc has gone through a massive shift in recent years. From a fierce and ruthless warrior spreading mayhem and chaos everywhere to becoming a soft and nurturing father. He left the path of hatred behind him and moved forward with the ghosts of his past, dealing with the consequences of his past actions. Kratos is a lot more evil than projected. Image Credit: Santa Monica Studios However, his current demeanor could not in any way justify the villainous activities he was guilty of in the past. Some fans even consider him to be the most evil in the God of War franchise. Kratos is more evil than he is often projected Zeus was the only one who deserved to die. Image Credit: Santa Monica Studios The God of War Kratos is guilty of mass murders, genocides, and killing gods. Especially in God of War 3 where his anger towards the gods is at its peak. In this game, he builds his path to vengeance over the dead bodies of his mortal as well as immortal enemies. Rivers of blood flow towards the sea of despair as he kills Poseidon who does not pose any direct threat to him, but since Kratos believes that every god deserves to die for the misery they inflict upon people, he finds it necessary to kill. Many fans believe that in God of War 3, no other god deserved to die except Zeus. However, Kratos had other plans and was adamant to kill anyone and everyone who might stand in his path of vengeance. Comment byu/KaiSen2510 from discussion inGodofWarRagnarok Comment byu/KaiSen2510 from discussion inGodofWarRagnarok Comment byu/KaiSen2510 from discussion inGodofWarRagnarok Comment byu/KaiSen2510 from discussion inGodofWarRagnarok Fans are often engaged in a heated debate about whether Kratos should or shouldn’t have killed the other gods, especially because of the havoc that the fight leaves behind, uprooting the lives of possibly millions. Killing a god has dire consequences which Kratos was very much aware of and yet he decided to fill his heart with hatred. This is the biggest reason why a change in his demeanor in the recent games resonates more deeply as fans see him struggle to walk a path of less violence with more compassion. He is not the god anymore he once was. In front of him, the old Kratos looks problematic. The God of War has ever only known war The Title of God of War is not easy to uphold. Image Credit: Santa Monica Studios The title God of War comes with a lot of weight. Even the glory of victory fails to outshine the despair of the millions who die at your command. This title is more of a curse than a blessing. Kratos, unable to take control of the powers he was blessed with mistook them for spreading chaos, his strength became his weakness and he kept getting more and more carried away in his selfish desires for vengeance. Kratos truly was the most evil god, next in line to the likes of Zeus. It will take eons of retribution before he will be able to forgive himself for the sins of his past. What do you think about it? Let us know in the comments below. Source link #Kratos #Evil #God #War Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Preece "lucky to walk away" from second terrifying airborne ****** at Daytona – Motorsport.com Preece "lucky to walk away" from second terrifying airborne ****** at Daytona – Motorsport.com Preece “lucky to walk away” from second terrifying airborne ****** at Daytona Motorsport.comRyan Preece says ‘something needs to be done’ after enduring another flip at Daytona The Associated PressPreece offers a warning to NASCAR after another superspeedway flip RACERRyan Preece survives another airborne ****** at Daytona: ‘I’m lucky to walk away’ NBC Sports Source link #Preece #quotlucky #walk #awayquot #terrifying #airborne #****** #Daytona #Motorsport.com Pelican News View the full article at [Hidden Content]

City of Albany awards waste collection contract to Veolia, as Cleanaway’s time ends after nearly two decades City of Albany awards waste collection contract to Veolia, as Cleanaway’s time ends after nearly two decades The City of Albany will replace its waste collection and processing services this year, moving on from Cleanaway after 19 years with the waste management provider. Source link #City #Albany #awards #waste #collection #contract #Veolia #Cleanaways #time #ends #decades Pelican News View the full article at [Hidden Content]

Are banks, post offices, UPS, FedEx open on Presidents Day 2025? Will mail be delivered? Are banks, post offices, UPS, FedEx open on Presidents Day 2025? Will mail be delivered? Monday, Feb. 17 is Presidents Day, a federal holiday to observe the birthdays of former presidents George Washington and Abraham Lincoln. While the holiday is sometimes misunderstood as a celebration of the lives and birthdays of all U.S. presidents, the holiday was originally called Washington’s Birthday and was the first federal holiday to honor an individual’s birth date. Washington’s birthday, Feb. 22, was designated by Congress as a holiday for all federal workers in 1885, and in 1971, the Uniform Monday Holiday Law changed the date to the third Monday in February, according to the National Archives. It adds that the position of the holiday between the birthdays of Washington and Lincoln, whose birthday is Feb. 12, gave rise to the popular name of Presidents Day. While most restaurants, grocery stores, and retail stores will remain open on Feb. 17, that will not be the case for banks, post offices, and the stock market. Here’s what will be open and closed on Presidents Day in 2025. When is Presidents Day 2025? Presidents Day will be observed on Monday, Feb. 17 this year. Is the post office open on Presidents Day? Will mail be delivered? U.S. Postal Service post offices will be closed on Monday, Feb. 17, and mail will not be delivered, the USPS told USA TODAY. The USPS will resume regular operations on Tuesday, Feb. 18. Are banks open on Presidents Day? Because Presidents Day is a federal holiday, branches of Capital One, Bank of America, Wells Fargo, PNC, Chase, Truist and CitiBank, among others, will be closed on Monday, Feb. 17. Are shipping services, like UPS and FedEx, open on Presidents Day? UPS pickup and delivery services are available on Feb. 17, and UPS Store locations will be open, according to the company’s website. UPS SurePost and UPS Mail Innovations deliveries will require one day additional business days’ time in transit due to the U.S. Postal Service being closed on the day. Most FedEx pickup and delivery services will also be available on the day, and FedEx Office locations will be open as well, according to the company’s website. Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at *****@*****.tld. This article originally appeared on USA TODAY: Are banks, post offices, UPS, FedEx open on Presidents Day 2025? Source link #banks #post #offices #UPS #FedEx #open #Presidents #Day #mail #delivered Pelican News View the full article at [Hidden Content]

College student beats Damian Lillard in 3-point shooting contest, wins $100K – OregonLive College student beats Damian Lillard in 3-point shooting contest, wins $100K – OregonLive College student beats Damian Lillard in 3-point shooting contest, wins $100K OregonLiveBay Area college student wins $100,000 from Mr. Beast at NBA All-Star Game San Francisco ChronicleFan defeats Damian Lillard in 3-point shooting contest at NBA All-Star Game, wins $100,000 Milwaukee Journal SentinelFan Wins $100,000 at All-Star Game After Beating Damian Lillard in Shooting Contest Sports IllustratedBay Area teen wins $100K for winning a shot against NBA star Damian Lillard KTVU FOX 2 San Francisco Source link #College #student #beats #Damian #Lillard #3point #shooting #contest #wins #100K #OregonLive Pelican News View the full article at [Hidden Content]

WA biotech PYC Therapeutics rattles tin for $146m to fund drug development WA biotech PYC Therapeutics rattles tin for $146m to fund drug development WA biotech PYC Therapeutics is tapping shareholders for up to $146 million to fund the development of its four drug candidates. Source link #biotech #PYC #Therapeutics #rattles #tin #146m #fund #drug #development Pelican News View the full article at [Hidden Content]

Trump tours Boeing plane to highlight aircraft maker’s delay in delivering a new Air Force One Trump tours Boeing plane to highlight aircraft maker’s delay in delivering a new Air Force One WEST PALM BEACH, Fla. (AP) — President Donald Trump toured a Boeing airplane to check out new hardware and technology features and highlight the aircraft maker’s delay in delivering updated versions of the Air Force One presidential aircraft, the White House said Saturday. Trump visited the 13-year-old private aircraft parked at Palm Beach International Airport. “President Trump is touring a new Boeing plane to checkout the new hardware/technology,” said Steven Cheung, the White House communications director. “This highlights the project’s failure to deliver a new Air Force One on time as promised.” Trusted news and daily delights, right in your inbox See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. Air Force One is a modified Boeing 747. Two exist and the president flies on both of the more than 30-year-old planes. Boeing Inc. has the contract to produce updated versions, but delivery has been delayed while the aircraft maker has lost billions of dollars on the project. Delivery initially was set for 2024, but has been pushed to some time in 2027 for the first plane and in 2028 — Trump’s final year in office — for the second, according to the U.S. Air Force. Trump has railed against the project’s cost and delivery delays. He told Tesla and SpaceX founder Elon Musk during an online chat in 2024 on Musk’s X social media platform that he was able to cut more than $1 billion from the project by playing hard ball with Boeing during his first term in office. “Over a course of about four weeks, by my saying I’m not going to do it, I got the price reduced by $1.6 billion for the exact same plane, other than we had a nicer paint job, if you want to know the truth, but for the exact same plane,” Trump said. Musk, a billionaire, helped bankroll Trump’s 2024 campaign and is leading a new Department of Government Efficiency that is working to shrink the size of government by cutting spending, eliminating agencies and slashing the federal workforce. Musk has been criticized for his methods. Boeing CEO Kelly Ortberg said last month that Musk is working with the company to help speed delivery of the Air Force One replacements. Trump is also interested in changing the color scheme of Air Force One from light blue to a darker blue. An earlier attempt by Trump to switch the colors was dropped by then-President Joe Biden after a study concluded that doing so would require additional testing and cause further delays, adding to the cost. Source link #Trump #tours #Boeing #plane #highlight #aircraft #makers #delay #delivering #Air #Force Pelican News View the full article at [Hidden Content]