Pelican Press

Ex-Cleveland Fed President Mester sees fewer rate cuts after Trump win Ex-Cleveland Fed President Mester sees fewer rate cuts after Trump win Federal Reserve chair Jerome Powell speaks during a news conference on Sept.18, 2024 in Washington, DC. Anna Moneymaker | Getty The U.S. Federal Reserve could carry out fewer interest rate cuts than previously expected next year should President-elect Donald Trump’s proposed global tariffs take hold, former Fed policymaker Loretta Mester said Tuesday. Mester indicated that the Fed’s outlook was set to change under the incoming *********** administration’s fiscal plans, and that markets may be right in forecasting fewer than the four cuts previously forecast. “Next year, the pace of the cuts will be affected by where they’re seeing fiscal policy,” she said during a panel at the annual UBS ********* Conference hosted in London. “My own view is the market is right, they’re probably not going to have as many cuts next year as was assumed or expected in September,” added Mester, who served as president of the Cleveland Federal Reserve until her retirement earlier this year. Markets trimmed their forecasts for rate cuts following Trump’s election victory last week, with speculation growing around his tariff proposals and their implications for the world economy. Trump vowed during his election campaign to revive a trade war that began during his first term in office, saying that he would impose a blanket 10% to 20% ban on all U.S. imports, and a particularly punitive higher rate of 60% to 100% on ******** goods. Economists have warned that such measures could be inflationary. As a result, markets are now expecting 50 basis points worth of cuts in the first half of 2025, followed by a further 25 basis point reduction in the second half of the year, according to poll median forecasts cited by Reuters. That would take the Fed funds rate to 3% to 3.25% by the end of 2025, slightly below the central bank’s median “dot-plot” projection. Mester also expects fewer than four cuts next year, though she said she still sees potential for the bank to cut at its next meeting in December. At that point, policymakers could be expected to provide a “first look” at how the Trump administration’s fiscal proposals will affect their forecasts, Mester said. However, further details of the full fiscal package — and its implications for monetary policy — is not expected until early next year. “It’s not just going to be tariffs. There’s things going on on immigration, there’s probably going to be things going on on the tax side, and there’ll be spending also,” Mester said. “All of those together are going to have to inform — ‘has the outlook for the U.S. economy changed?’,” she added. It comes as concern is growing among global policymakers about the implications of Trump’s fiscal plans, particularly on tariffs. Governor of the Bank of Finland and ********* Central Bank policymaker Olli Rehn warned Tuesday that the impact of such levies would be “detrimental” to the world economy, but added that Europe needed to be prepared for that eventuality. “The significant import duties in the verbal pipeline could have detrimental ramifications for the global economy,” Rehn said during the UBS panel. “A trade war is the last thing we need,” he continued. “If a trade war is to start, the ********* union must not be unprepared as it was in 2018.” Source link #ExCleveland #Fed #President #Mester #sees #rate #cuts #Trump #win Pelican News View the full article at [Hidden Content]

Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’ Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’ The Oura Ring 4. Courtesy: Oura LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung’s smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst predicting earlier this year that Apple could launch its own smart ring in 2026. But Tom Hale, CEO of Oura — which has been developing smart rings since the company was established in 2013 — said he doesn’t think Apple will enter the space. “I think they [Apple] are unconvinced about the value of having a ring and a watch together and they’re not interested in undercutting the Apple Watch as a business,” Hale told CNBC in an interview on Tuesday at the Web Summit in Lisbon, Portugal. “I think they’re probably keeping a close eye on Samsung and a close eye on us, but it’s hard to do this product category right.” Under CEO Tim Cook, Apple has put a large focus on health applications through the Apple Watch and related services. A smart ring is a type of wearable device full of sensors that can give the wearer information about things like their health, activity and sleep. They are lightweight and have a long battery life which fans say make them ideal for wearing all day, including when sleeping, versus a smartwatch that may be less comfortable and so removed more often. “Apple is very much a focused company. They’re like: ‘We’ve put our bet on the watch. We’re gonna make the watch our platform,'” Hale said. Oura recently launched its next-generation Oura Ring 4 as competition in the wearable sector ramps up. Source link #Apple #wont #launch #smart #ring #Oura #CEO #hard Pelican News View the full article at [Hidden Content]

ARKK Set for a Breakout? Why Cathie Woods Fund Could Shine in the 2024 Bull Market ARKK Set for a Breakout? Why Cathie Woods Fund Could Shine in the 2024 Bull Market On October 28th my Daily article said this: Considering the bull market of 2024, Cathie Wood’s fund (she has 6 ETFs) over 2 years and a lot of sideways price action, could now be a potential player. Remember, ARKK peaked in 2021 at 159.70. Then ARKK crashed to its trough at 29.43 in 2022. And while we are still not wowed by the overwhelming underperformance, we do think the fund is worth a look as it takes out the April 2024 highs. Currently, ARKK outperforms the benchmark . Momentum has improved, while the price chart is about to have a golden cross. And even more significant potentially, is that today, ARKK cleared the July 6-month calendar range high (green horizontal line). The last time ARKK cleared a 6-month calendar range high was in April, when for 2 whole days, it traded above the January range high. So yes, ARKK needs to prove more. What must happen next? ARKK looks okay now, and way better over 54.00. That is really where the fun begins and where we will get interested in investing. Currently, ARKK is trading close to $58.00 Now what? Clearly the recent rally proves 2 things: Every dog has its day The charts don’t lie With that said, ARKK is looking parabolic in everything-momentum, price leadership and price. The July 6-month calendar range is in the rear view mirror. Now we zoom out. On the weekly chart, ARKK is at resistance going back to 2022. Now the rubber meets the road. With weekly momentum and price still under the 200-DMA (green), that is something to watch clear or fail from. Leadership versus the is also at resistance. Hence, we would like to see $54.00 hold, and ARKK go on to trade above $64 then $72. ETF Summary (Pivotal means short-term bullish above that level and bearish below) S&P 500 (SPY) 610 here we come Russell 2000 (IWM) 227 support 244 the area to clear Dow (DIA) Another new all-time high Nasdaq (QQQ) 500 support 530 resistance Regional banks (KRE) 65 pivotal Semiconductors (SMH) 260 resistance Transportation (IYT) 71 now key to hold Biotechnology (IBB) Looks strong-especially now over 147-150 next level Retail (XRT) 80 cleared!!! iShares iBoxx Hi Yd Cor Bond ETF (HYG) 79.50 pivotal Source link #ARKK #Set #Breakout #Cathie #Woods #Fund #Shine #Bull #Market Pelican News View the full article at [Hidden Content]

Congress returns to Washington as GOP prepares to take control Congress returns to Washington as GOP prepares to take control Washington — Lawmakers are returning to Washington Tuesday for a lame duck session after Republicans flipped the Senate and appear poised to hold onto control of the House after last week’s elections. The new Congress will be seated in January, and President-elect Donald Trump’s agenda is expected to be its central focus. Until then, Senate Democrats may make a push to approve their priorities with their remaining days in control of the upper chamber. Lawmakers are also facing deadlines on other must-pass legislation, including funding the government, as they lay the groundwork for the new Congress with new-member orientation and leadership elections this week and next. The new Congress House Republicans reveled in their victories last week, expressing confidence that they would retain control of the lower chamber in the new year with just a handful of seats to go. Speaker Mike Johnson wrote a letter to colleagues asking for their continued support for his leadership, now that the election has delivered a “mandate” for a unified *********** government. “If we meet this historic moment together, the next two years can result in the most consequential Congress of the modern era,” Johnson continued, noting that “to truly make America great again, we will need to begin delivering for the people on day one.” Meanwhile, Democrats continued to hold onto some hopes of flipping the House, to be the only check on *********** political power in Washington. Still, Rep. Pramila Jayapal, who leads the Progressive Caucus, acknowledged Monday that Democrats have a “very slim path to the majority.” “We are going to do our work to help rebuild and to come back from this loss and recalibrate,” Jayapal said at a news conference to introduce the newly elected progressives. On the other side of the Capitol, ********* Leader Mitch McConnell praised the quality of *********** candidates in Senate races this cycle, saying the day after the election that he’s “never seen a better performance.” With the new majority of at least 52 seats, the outgoing leader argued that Republicans did “pretty well” with narrow majorities during the last administration, citing three new Supreme Court justices and tax reform. “It’s *******, but I think we were successful before with a narrow majority and I think we will be again,” McConnell said. Republicans to hold leadership elections In the Senate, Republicans will vote Wednesday to elect a new leader, since McConnell announced he would step aside earlier this year. A high-stakes race to replace the longest-serving leader in the chamber’s history has been taking place behind the scenes. GOP Whip John Thune, a South Dakota ***********, and Sen. John Cornyn, a Texas ***********, are considered the front-runners in the race to replace McConnell. But Sen. Rick Scott, a Florida ***********, has seen a surge of support from members of Trump’s orbit — from Tucker Carlson to Elon Musk — that has drawn more attention to the race. How the outside input weighs on the race ******** to be seen. Senate Republicans will meet behind closed doors and cast secret ballots to elect a new leader, making them less likely to be swayed by outside pressures. But an endorsement of a candidate from Trump himself could change the dynamic. He has already weighed in with a demand about recess appointments. Meanwhile, House Republicans are also set to conduct leadership elections this week. With a stronger-than-expected showing across the House races, the current leadership slate is expected to enjoy widespread support to remain at the helm of the chamber. But Trump’s selection of GOP Conference Chair Elise Stefanik to serve as ambassador to the U.N. created another opening in the leadership races. Lame duck to-do list: funding government, Biden’s judicial nominations Congress is returning to pressure to avert a government shutdown after lawmakers approved a continuing resolution to keep the government funded through Dec. 20 earlier this year. The pre-holiday deadline to prevent a shutdown is commonplace for Congress, though it frustrates some House Republicans looking to avoid a vote on a massive spending bill known as an “omnibus.” Johnson said in September that he opposes an omnibus funding package around the holidays, suggesting that he would work to approve the12 full-year spending bills individually after the election. But the new balance of power in Washington next year almost certainly changes the calculus. House Republicans have so far approved a handful of the full-year spending bills, although they’ve done so on a partisan basis that makes them nonstarters in the Senate. And the upper chamber has yet to vote on any individual spending bills this year. The reality makes another stopgap measure punting a broader funding ****** into the new year likely. Lawmakers may also address funding for disaster relief following the devastation caused by Hurricanes Helene and Milton in the southeastern U.S. earlier this year. And an annual defense policy bill is also a top priority before the year’s end. Meanwhile, Senate Democrats are expected to vote on judicial nominations, as President Biden has sought to match or even surpass the total number of judicial confirmations in Trump’s first term. The issue takes on heightened importance for Democrats with another Trump term on the horizon. Caitlin Yilek contributed to this report. Kaia Hubbard Kaia Hubbard is a politics reporter for CBS News Digital, based in Washington, D.C. Source link #Congress #returns #Washington #GOP #prepares #control Pelican News View the full article at [Hidden Content]

Hill scores as Dolphins beat Rams to end losing run Hill scores as Dolphins beat Rams to end losing run Tyreek Hill scores his first touchdown since the opening week of the season, as the Miami Dolphins beat the Los Angeles Rams 23-15 to end a three-game losing streak. Source link #Hill #scores #Dolphins #beat #Rams #losing #run Pelican News View the full article at [Hidden Content]

Hideaki Itsuno, Capcom’s legendary director, will head a new studio Hideaki Itsuno, Capcom’s legendary director, will head a new studio · · November 12, 2024 Hideaki Itsuno, the name behind the ****** May Cry and Dragon’s Dogma franchises, has a new home. The director has taken up a leadership position at LightSpeed Studios Japan, a subsidiary of the giant Tencent. Itsuno will use all his expertise to develop new AAA action games. Hideaki spoke about his new challenge in a statement to the press. “Joining LIGHTSPEED STUDIOS is an exciting new chapter for me. With LightSpeed’s strong development capabilities and global network, I’m looking forward to creating original AAA action games together with the amazing team and building innovative and beautiful experiences for the global community of gamers. We welcome all talented and passionate game developers from around the world to join our vision.” Based in Osaka and Tokyo, the studio’s idea is to build experiences that reach global audiences. Jerry Chen, president of LightSpeed Studios, had this to say: “The creation of LightSpeed Japan Studio is a significant step in the expansion of LIGHTSPEED STUDIOS and demonstrates our commitment to bringing the best possible games to our players.” There’s no doubt that the initiative isn’t messing around, signing one of Japan’s leading game developers. Obviously, we don’t have any more details about Hideaki Itsuno’s next adventure. Knowing the director’s style, we can at least hope for addictive combat. Are you looking forward to the director’s next project? Tell us in the comments and join the discussion in our forum. Subscribe to our newsletter to receive the latest news and exclusive leaks every week! No Spam. Source link #Hideaki #Itsuno #Capcoms #legendary #director #studio Pelican News View the full article at [Hidden Content]

Indian Researchers Develop Energy-Efficient Method to Create Glass, Could Improve Efficiency of Data Centres Indian Researchers Develop Energy-Efficient Method to Create Glass, Could Improve Efficiency of Data Centres A recent discovery at the Indian Institute of Science (IISc) offers an energy-efficient method to achieve glassy transformations in indium selenide, a material that could change the face of data storage technology. The study was conducted in a collaboration between the University of Pennsylvania and the Massachusetts Institute of Technology (MIT). The research demonstrates that continuous electric current can transform the crystalline structure of indium selenide into glass, using a billion times less energy than the traditional melt-quench process. Unusual Transformation Mechanism Revealed The study, published on November 6, 2024, in Nature, details how this crystalline-to-glass transformation in indium selenide occurs. The study claims that unlike conventional processes that require high temperatures and sudden cooling, researchers found that mechanical shocks triggered by continuous electric currents achieved the same result. This discovery eliminates the need for the energy-intensive heating and rapid cooling stages typically used to create glassy phases in materials. Gaurav Modi, former PhD student at Penn Engineering, expressed initial surprise at the finding, noting that a continuous current alone disrupted the material’s structure. Collaborative Microscale Analysis IISc’s in situ microscopy tools were used extensively to observe the transformation at both atomic and micrometer scales. Assistant Professor Pavan Nukala from IISc’s Centre for Nano Science and Engineering, with PhD student Shubham Parate, collaborated with Penn Engineering’s Srinivasa Ramanujan Distinguished Scholar, Ritesh Agarwal, to investigate the transformation. By passing electric current through indium selenide, the team discovered that the 2D material’s layers moved against each other, generating small-scale electrical and mechanical shocks similar to seismic activity, ultimately leading to glass formation. Future Implications for Phase-Change Memory According to Agarwal, energy requirements have been a limiting factor for phase-change memory devices in widespread applications. This discovery, therefore, has significant implications for the efficiency of data storage technologies in computers and mobile devices. Nukala has indicated that the next steps will involve efforts to integrate these materials with CMOS technology, potentially paving the way for more sustainable memory solutions. For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who’sThat360 on Instagram and YouTube. Gemini App for iPhone With Gemini Live Capability Appears in the App Store for Some Users Realme 14 Pro Lite Said to Be in the Works, Colour Options, RAM and Storage Configurations Tipped Source link #Indian #Researchers #Develop #EnergyEfficient #Method #Create #Glass #Improve #Efficiency #Data #Centres Pelican News View the full article at [Hidden Content]

AMD Ryzen 9800X3D CPU has totally sold out – and a new worry is that fresh stock may not arrive until late December AMD Ryzen 9800X3D CPU has totally sold out – and a new worry is that fresh stock may not arrive until late December Ryzen 9800X3D has sold out everywhere, including a big ******* retailer That retailer, MindFactory, had a fair bit of initial stock, but it’s all gone The restock estimate from MindFactory is the end of December, worryingly AMD’s Ryzen 9800X3D has been very well-received, but the problem with the CPU is that keen PC gamers who want to buy the chip aren’t able to – amidst scalping woes – and if a new rumor is right, they could be waiting for quite some time for an opportunity to pull the trigger on a purchase. Many retailers went out of stock of the Ryzen 9800X3D pretty much straightaway when the processor hit the shelves – certainly online, anyway – although one major ******* retailer, MindFactory, appeared to have a good amount of stock initially. Not anymore, though, because as VideoCardz spotted, MindFactory has now sold out of the new Ryzen CPU. The retailer still has pre-orders open, but the expected delivery date for the Ryzen 9800X3D is, worryingly enough, the end of December 2024. In other words, the year might be almost over before a restock takes place at MindFactory, and if that’s the case for a big ********* retailer, could it be true more broadly? (Image credit: Future / John Loeffler) Analysis: Is there any hope of seeing much Ryzen 9800X3D stock this month? How is stock for the Ryzen 9800X3D faring in general, then? Very badly. With US retailers, the CPU isn’t available at all currently (some have even dropped the listing for the Ryzen 9800X3D). In the ***, it’s the same story, though Tom’s Hardware noticed a couple of retailers apparently picking up a little stock yesterday (November 11). We’ve just checked and that’s gone, though, unsurprisingly – even though one of those retailers had jacked up the price above the MSRP (a nauseating tactic, but not unexpected). A slightly more optimistic glimmer for PC gamers keen to get this CPU is seen with the *** retailer Scan, which is predicting that stock will be back in come November 29. That’s still over two weeks away, though, and the chances of picking up a Ryzen 9800X3D in November appear to be pretty slim, from what we can tell. Sign up to be the first to know about unmissable ****** Friday deals on top tech, plus get all your favorite TechRadar content. Meanwhile, on eBay, in the US scalpers have the processor on ***** from $640 upwards, a minimum of a third price hike on the CPU’s MSRP, hoping to tempt those who are desperate to get the Ryzen 9800X3D. Whatever you do, just wait – don’t encourage the price gougers, as if they fail to make a profit (or not much of one), they won’t be doing this again. You might also like Source link #AMD #Ryzen #9800X3D #CPU #totally #sold #worry #fresh #stock #arrive #late #December Pelican News View the full article at [Hidden Content]

2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion NVIDIA’s 12-month backlog for its Blackwell chips has OpenAI considering ways to reduce its dependence on NVIDIA’s AI chips. OpenAI pivoted from its initial plan to build a network of global foundries to working with Broadcom to design AI server chips in-house. In the meantime, OpenAI, along with Microsoft, Meta Platforms, and Oracle, has opted to use AMD’s AI chips. ChatGPT developer OpenAI had initially planned on building a global network of foundries to produce AI chips but has instead opted to work with several companies in the computer and technology sector. Like Amazon.com (NASDAQ:) and Alphabet (NASDAQ:) Google, OpenAI also aspires to produce its own AI chips in an effort to reduce its reliance on NVIDIA (NASDAQ:). NVIDIA’s Blackwell chips are already sold out for the next 12 months, which is a lightyear too long for a wait during the AI revolution. Here are two stocks benefitting from OpenAI’s strategy of developing its own AI chips. 1. Broadcom: Co-Developing OpenAI’s First AI Chip OpenAI has been hiring many hardware engineers from the Google Tensor Processing Unit (TPU) team, its AI chip development arm. These engineers have historically worked with Broadcom (NASDAQ:) in developing Google’s TPU, an AI accelerator chip specifically designed for machine learning tasks, including neural networks and deep learning. Bringing over those engineers would make it no surprise they would encourage OpenAI to work with Broadcom for its custom AI chip. OpenAI needs its AI server chips to handle massive AI workloads; Broadcom has the experience and history of making custom AI accelerators specifically for hyperscalers, which also include Meta Platforms (NASDAQ:). OpenAI would be a lucrative contract that further bolsters its AI accelerator business. Open AI also plans to outsource the chip production to Taiwan Semiconductor Manufacturing (NYSE:) as they produce most of the AI chips on the market. Broadcom shares initially took a 15.8% haircut when it reported its Q3 2024 EPS of $1.24, barely beating consensus estimates by 2 cents. Revenues surged 47.3% YoY to $13.07 billion versus $12.98 billion consensus estimates. The disappointment came from its downside guidance for Q4, with revenues expected at around $14 billion versus $14.11 billion consensus estimates. Broadcom CEO Hock Tan commented, “Broadcom’s third-quarter results reflect continued strength in our AI semiconductor solutions and VMware (NYSE:). We expect revenue from AI to be $12 billion for fiscal year 2024 driven by Ethernet networking and custom accelerators for AI data centers.” 2. AMD: MI300 AI Chips May Not Be Mr. Right, But They Are Mr. Right Now While NVIDA’s AI chips are backlogged, sources claim that OpenAI has decided to use Applied Micro Devices (NASDAQ:) AI chips in the meantime. Even if NVIDIA is the proverbial “Mr. Right” when it comes to AI chips, AMD is the “Mr. Right Now” due to the availability of their MI300 chips, also produced by Taiwan Semi. OpenAI is already using AMD Instinct MI300 GPUs in its Microsoft (NASDAQ:) Azure infrastructure. Microsoft was one of the first major hyperscalers to adopt MI300 GPUs. AMD plans to start producing its MI325 AI chip at the end of 2024 in time for its 2025 launch. It claims to offer up to 1.3x more performance than NVIDIA’s GPUs. Oracle (NYSE:) has also adopted MI300X in its Oracle Cloud. While AMD was left in the dust by NVIDIA in the data center GPU wars, it is making some headway just because its chips are available while NVIDIA’s are not. In its Q3 2024 report, it earned 92 cents per share, which was in line with consensus estimates. Revenues rose 17.6% YoY to $6.82 billion, firmly beating the $6.71 billion consensus estimates. AMD’s market share gain is shown in the 25% sequential and 122% YoY growth in its Data Center segment revenue of $3.5 billion. This was primarily driven by its AMD Instinct GPU processors and AMD EPYC CPU sales. Its CPU sales continued to gain market share at data centers, citing it has become the CPU of choice for the modern data center. Meta Platforms has deployed over 1.5 million EPYC CPUs throughout its data centers, as well as deployed MI300X to power its inferencing infrastructure. AMD CEO Lisa Su commented, “Turning to our Data Center AI business, Data Center GPU revenue ramped as MI300X adoption expanded with cloud, OEM and AI customers. Microsoft and Meta expanded their use of MI300X accelerators to power their internal workloads in the quarter. Microsoft is now using MI300X broadly for multiple co-pilot services powered by the family of GPT 4 models.” Original Post Source link #Chip #Stocks #Benefitting #OpenAIs #Chip #Strategy #Expansion Pelican News View the full article at [Hidden Content]

New York judge expected to issue crucial presidential immunity ruling in Trump “hush money” case New York judge expected to issue crucial presidential immunity ruling in Trump “hush money” case The judge who presided over President-elect Donald Trump’s ********* trial, Juan Merchan, is expected to issue a ruling Tuesday that could either turn the case on its head or put Trump on a collision course with sentencing. The long-awaited ruling, on whether evidence shown at trial should have been shielded from jurors, due to presidential immunity, could have profound consequences for the case. Trump was the first former president ever to be convicted of *******. On Nov. 5, he also became the first person with a ********* record ever to be elected president. Trump’s lawyers vowed the day a unanimous jury found him guilty of felonies in May to ****** his conviction. They were given an extraordinary opportunity not long after when the Supreme Court ruled former presidents are immune from prosecution for official acts. The decision said evidence related to Trump’s work as president could not be used at trial. Trump’s legal team, which is led by Todd Blanche, seized on the landmark ruling, demanding Trump’s conviction be set aside, and his sentencing canceled. They argued jurors should never have heard testimony related to Trump’s communications with former White House communications director Hope Hicks, or his former executive assistant and director of White House Operations Madeleine Westerhout. Prosecutors argued in response that the Supreme Court ruling didn’t apply to evidence shown at trial. They also said the material protested by Trump’s lawyers were “a sliver of the mountains” of evidence the jury considered. The jury ultimately concluded that Trump committed 34 felonies in signing off on a scheme to cover-up reimbursements to Michael Cohen, his former attorney and fixer. Cohen had paid $130,000 to ****** film star Stormy Daniels, days before the 2016 presidential election, to buy her silence about an alleged ******* encounter with Trump years early. The agreement has often been referred to as a “hush money” deal. Trump insists he is not guilty of falsifying business records — the charge he was convicted on — and has vehemently denied Daniels’ story. The Supreme Court’s decision in July was the latest curveball in a case that dates back to 2018, when the Manhattan District Attorney’s office first began investigating the “hush money” deal. Trump, amid his first term as president, fought the investigation as it expanded into a wide-ranging probe of his finances. The case’s first landmark Supreme Court ruling came in 2020, when the nation’s highest court ruled the Constitution does not preclude a state ********* subpoena of a sitting president. The ruling allowed the Manhattan District Attorney, then Cyrus Vance Jr., access to Trump’s tax returns. The borough’s next district attorney, Alvin Bragg, took up the case but narrowed its focus, bringing it back to the “hush money” deal. On March 31, 2023, a grand jury made Trump the first ever former, and future, president indicted for *******. Trump’s seven-week trial began just more than a year later, on April 15. The jury returned his conviction after a day and a half of deliberations. Trump, sullen but defiant, walked out of the courtroom and in front of cameras just steps away immediately returned to his campaign for the presidency. Trump Investigations More More Graham Kates Graham Kates is an investigative reporter covering ********* justice, privacy issues and information security for CBS News Digital. Contact Graham at *****@*****.tld or *****@*****.tld Source link #York #judge #expected #issue #crucial #presidential #immunity #ruling #Trump #hush #money #case Pelican News View the full article at [Hidden Content]

Indian cricket superstars land in Perth, take over iconic WACA Ground Indian cricket superstars land in Perth, take over iconic WACA Ground Western Australia’s traditional home of cricket is in lockdown as it is taken over by India for a top-secret training camp in Perth ahead of The West Test. India and its superstars, including Virat Kohli, touched down in Australia in groups between Sunday and Tuesday, escaping fierce scrutiny from their home country in the wake of an historic clean-sweep by New Zealand on the subcontinent. Their guard is up in Perth like never before as they ramp up preparations for a blockbuster five-match Border-Gavaskar Trophy series. The WACA Ground nets, normally open for viewing by the public, have been covered in ****** tarps so they are not visible from the street. The West *********** understands WA Cricket staff members have been banned from using their mobile phones outside their offices, filming inside the ground and from using certain areas of the precinct. A training session was cancelled on Tuesday morning, with further sessions set for the WACA Ground nets on Wednesday and Thursday. A three-day intra-squad warm up match scheduled to be played from Friday to Sunday is now closed to the public after the squad’s governing body, the Board for Cricket Control in India, intervened. Even Cricket Australia officials were left in the dark about the arrival of the Indian team ahead of the first of five Tests which begins on Friday week at Optus Stadium. It’s the highest level of security around a visiting sporting squad since English Premier League giant Manchester ******* toured in 2022. “There’s been a lot of work in the background to make sure we were ready for them,” new WA Cricket chief executive John Stephenson told The West. “We’ll have staff on hand to ensure we ******** it well, and we’re looking forward to hosting the three days behind closed doors.” India put in place similar security measures when they were based in Perth ahead of the 2022 T20 World Cup, but they did make two practice games against a WA invitational team open to the public on that tour. On that trip, Crown Perth stood down a contractor after an employee allegedly filmed themselves in Kohli’s hotel room. Kohli posted the video alongside a long statement expressing his outrage at the “fanaticism and absolute invasion of privacy”. Camera IconThe India Cricket Team arrive at the WACA ground to train. Credit: Justin Benson-Cooper/The West *********** The batting star, likely on his final Test tour of Australia is among his country’s biggest celebrity figures and is adored to the point where his movements are limited by loitering fans. The lockdown comes just days after Kohli vented his frustration with photographers in Mumbai, asking them not to take pictures of his children with his wife, Bollywood superstar Anushka Sharma. Video footage shows Kohli telling the paparazzi: “Udhar camera nahi karna (Don’t point your cameras there).” Adding to the tension around the first Test is a war of words between new India coach Gautam Gambhir and *********** legend Ricky Ponting. The batting great put the heat on Kohli to return to form in this series and said he was staggered by his poor recent record. The call left Gambhir furious and the former Indian opener hit back. Camera IconThe Indian cricket team practising in the nets at The WACA. Rishabh Pant. Credit: Ian Munro/The West *********** “What does Ricky Ponting have to do with Indian cricket? He should be talking about Australia,” he said. “Look, Virat Kohli and Rohit Sharma are still passionate about the game and want to achieve more. “They are hungry for success and have done exceptionally well for the country over the years.” On Tuesday night, Ponting told 7NEWS he would shake Gambhir’s hand “if he came my way” in Perth, but said the pair “have history” that dates back to their playing days. The group training in Perth this week does not include Test captain Rohit Sharma, who has remained in India as he awaits the birth of his child. Sharma is in doubt for The West Test at Optus Stadium from November 22. Fast bowler Jasprit Bumrah would captain in his absence. Camera IconRishabh Pant (left) and Shubman Gill. Credit: Jackson Flindell/The West *********** But the call for the veteran batter to stay home has sparked a call from Indian legend and Channel 7 expert Sunil Gavaskar for him to be stripped of the leadership. “It is important for the captain to play the first Test match,” Gavaskar told Indian media. “It’s different if he is injured, but if he is not available, then the deputy leader will be under a lot of pressure. “I have been reading that Rohit Sharma might not play the first two Tests of the Australia series. “I feel that in that case the selection committee should appoint Jasprit Bumrah the captain of the side for the entire Australia tour, and tell Rohit Sharma that you will participate as a player in this series.” Source link #Indian #cricket #superstars #land #Perth #iconic #WACA #Ground Pelican News View the full article at [Hidden Content]

‘Thank you Sakurai!’ – Smash Bros creator teaches cosplayer how to properly unsheathe Link’s sword ‘Thank you Sakurai!’ – Smash Bros creator teaches cosplayer how to properly unsheathe Link’s sword Kirby and Smash Bros creator Masahiro Sakurai recently helped a cosplayer who was struggling to use Link’s sword properly. As reported by Automaton, ********* cosplayer Sakigake posted a video of himself dressed as Link in Breath of the Wild. In the video, Sakigake attempts to unsheathe his sword, but because of the length of the sword and the position of the scabbard on his back, he can’t stretch his arm out far enough to take the sword out. “I can’t do it,” Sakigake wrote on X. “I will practice”. 無理でした練習します pic.twitter.com/I2W1Ka0UXq — サキガケ (@sakigake_cos) November 11, 2024 Noticing the video, Sakurai offered his advice by sharing a tip that he noticed Sakigake wasn’t doing. Sakurai explained that in Super Smash Bros Ultimate, the development team added an animation where Link pulls the scabbard down with his other hand, giving him enough room to sheathe the sword in it. “In Super Smash Bros Ultimate, Link pulls the scabbard down when sheathing his sword,” Sakurai explained. “That alone wasn’t quite enough to reach the desired position, but I think that’s about as far as we can go when it comes to matching the action and equipment from the original.” When Link sheathes his sword in Super Smash Bros Ultimate, he pulls the scabbard down with his other hand so it can fit in. In other Zelda games, where he doesn’t pull it down, Link’s wrist twists at an impossible angle to fit the sword in. “Thank you Sakurai-san”, Sakigake replied. “I’ll use Smash Bros Ultimate as a reference next time and try to make it look cool.” “I reacted to your post because of my experience considering a solution to the same problem,” Sakurai added. “Great cosplay!” Sakurai recently ended his YouTube channel after two years of publishing in-depth videos explaining how game development works. In the final normal episode of his YouTube series, Sakurai posted a tribute to his former boss, the late Nintendo president Satoru Iwata. Source link #Sakurai #Smash #Bros #creator #teaches #cosplayer #properly #unsheathe #Links #sword Pelican News View the full article at [Hidden Content]

With 60% off, this Philips Hue bundle is one of Amazon’s best early ****** Friday deals ever With 60% off, this Philips Hue bundle is one of Amazon’s best early ****** Friday deals ever Amazon has launched its first batch of early ****** Friday deals, and this is easily one of the best – especially if you’ve been thinking of starting a Philips Hue smart lighting setup. For a limited time, you can get two Amazon Echo Dot (5th Gen) speakers and a Philips Hue bulb for only £48.98 (was £123.97). To put that into context, you would pay £49.99 for just one Echo Dot right now. The Echo Dot (5th Gen) currently holds the number one spot in our guide to the best smart speakers, and the Hue system takes our award for the best smart lights, making this package a great starting point for a new smart home setup. Adding more devices in future will be a piece of cake, and the two speakers will allow you to control them with simple voice commands from anywhere in your home. Today’s best Philips Hue/Amazon Echo deal The Philips Hue light you’re getting in this bundle is a B22 (bayonet fitting) warm white bulb. Unlike some Hue bulbs, this can’t be set to different colours, but it does support remote control and smooth dimming. You don’t need a Philips Hue Bridge connectivity hub to use it, either – the Philips Hue Bluetooth app allows you to control it from your phone or (most importantly) with your new Echo speakers. For more details, take a look at our guide to Philips Hue Bridge: what is it and how important is it for your Hue smart lights. If you want to expand your smart home setup even further, our roundup of the best ****** Friday Ring doorbell deals will help you find all the best discounts on the whole range of Ring devices, including cameras and sensors. More of today’s ****** Friday sales in the *** Amazon: up to 68% off toothbrushes and TVs AO: savings on games consoles and appliances Argos: up to 50% off toys, Lego, TVs and gifts Boots: up to 50% off Dyson, *****-B and Philips Currys: early deals on TVs, appliances, laptops Dell: laptops, desktops, monitors from £299 Dyson: up to £150 off Ebay: up to 50% off refurbished tech EE: up to £600 off Samsung and Apple John Lewis: up to £300 off appliances and TVs LG: £1,000 or more off TVs and appliances Samsung: up to £600 off TVs, phones and tablets Very: up to 30% off phones, appliances & clothing Source link #Philips #Hue #bundle #Amazons #early #****** #Friday #deals Pelican News View the full article at [Hidden Content]

3 “Made in America” Stocks to Benefit From the Trump Presidency 3 “Made in America” Stocks to Benefit From the Trump Presidency Donald Trump’s return to the White House has pre-emptively bolstered “Made in the USA” stocks, while ******** stocks collapsed in anticipation of more import tariffs to come. The Trump administration will seek to bolster the U.S. supply chain for steel, semiconductors, and automobiles. Critics argue that imposing more tariffs will end up costing U.S. consumers more for products, driving up inflation. The return of the Trump administration to the White House in 2025 has caused many U.S. stocks to surge pre-emptively on positive sentiment, while ******** stocks collapsed on fears of more trade tensions and tariffs to come. During his reelection campaign, Trump suggested imposing a 60% tariff on goods produced in China and 20% on everything else. Trump even threatened farming machinery giant Deere & Company (NYSE:) with 200% tariffs on anything they produce in Mexico to force them to keep its production in the U.S. As the markets try to anticipate his actions based on his previous administration’s policies, stocks that fit certain themes are already seeing the early money flow. The core theme of the Trump administration has been and will continue to be “Made in America,” which focuses on bolstering U.S. manufacturing and creating jobs. Here are three stocks spread across the auto/tires/trucks, computer and technology, and basic materials sectors that are already benefiting from the Trump presidency. 1. General Motors: Automobiles Made in the U.S.A. and Protected By Tariffs The country’s largest car manufacturer, General Motors (NYSE:), saw its stock surge 7% to 52-week highs after a Trump victory was called. Trump has had a firm stance on protecting U.S. automakers from foreign competition, especially cheaper foreign-made vehicles from China, which already face a 100% tariff on electric vehicle (EV) exports. Import tariffs on vehicles and auto parts end up making non-********* vehicles more expensive for consumers, creating a more favorable market for General Motors’s products and its top four ********* brands: Chevrolet, Buick, GMC, and Cadillac. General Motors is outperforming U.S. competitors like Ford Motor (NYSE:), who are just starting to regain some footing after finally beating its Q3 EPS estimates by 2 cents. General Motors crushed its latest third quarter of 2024, reporting EPS of $2.96, beating analyst estimates by 58 cents. This marks the third consecutive quarter of 35 cents+ EPS beats. Revenues grew 10.5% YoY to $48.76 billion, crushing analyst estimates for $44.67 billion by an eye-watering $4.09 billion. General Motors raised the lower end of its full-year 2025 EPS estimates to a range of $10.00 to $10.50, up from $9.50 to $10.50 versus $9.97 consensus estimates. Automotive free cash flow was raised to the $12.5 billion to $13.5 billion range, up from $9.5 billion to $11.5 billion. 2. Intel: Semiconductors Made in the U.S.A. Supported by the CHIPS Act ********* semiconductor giant Intel (NASDAQ:) has been suffering for several years now as competitors like NVIDIA (NASDAQ:) dominate the artificial intelligence (AI) chip market. While major chip makers like NVIDIA, Advanced Micro Devices (NASDAQ:), Marvell Technology (NASDAQ:) and Broadcom (NASDAQ:) outsource their chip production overseas to Taiwan Semiconductor Manufacturing (NYSE:), Intel continues to produce them in their domestic fabrication (fabs) foundries. The CHIPS and Science Act of 2022 seeks to bolster the domestic semiconductor supply chain to reduce reliance on foreign suppliers for national security and economic competitiveness. It includes $52 billion in subsidies and incentives for chip makers to build and expand fabs in the U.S. Intel was awarded up to an additional $3 billion under the CHIPS Act to construct four foundries in the ******* States. This was in addition to the $8.5 billion awarded in March of 2024. Payments are expected to start at the end of the year. Intel needs all the help it can get as it continues to struggle. The company lost 46 cents per share in its third quarter of 2024. Revenues continued to contract as they fell 6.3% YoY to $13.3 billion. ****** margin fell 27.8 points to 18%. The company is undergoing a $10 billion cost reduction plan, which includes reducing headcount by over 15% of its workforce or 15,000 jobs. However, the company did provide some upside guidance for Q4 as it expects a positive EPS of 12 cents versus 8 cents, consensus estimates, and a non-GAAP ****** margin improvement of 39.5%. Shareholders are looking forward to the spin-off of its foundry business in 2025. 3. Nucor: Galvanizing the *********-Made Steel Supply Chain As one of the largest domestic steel producers, Nucor (NYSE:) was a major benefactor of Trump’s previous administration policies. The imposition of 25% tariffs on imported steel was a boon to the company as it made foreign steel more expensive, reducing competition. Critics argue that this enabled U.S. steel manufacturers to bump their prices without competition. This fanned the flames of inflation, driving up higher prices for the U.S. consumer, from construction to appliances and vehicles. While major trading partners like Mexico were able to gain exemptions, their status may face more scrutiny with the new Trump administration. Nucor is also a direct beneficiary of domestic infrastructure spending, which has bipartisan support for rebuilding America’s infrastructure. Bridges, highways, and construction projects all bolster the demand for steel. Not all domestic steelmakers will benefit from Trump’s return to the White House. The proposed acquisition of ******* States Steel (NYSE:) by Japan’s Nippon Steel Co. would almost certainly be blocked by Trump. Trump wants to ensure a 100% ********* supply chain for all essential goods. Original Post Source link #America #Stocks #Benefit #Trump #Presidency Pelican News View the full article at [Hidden Content]

Hearing of Executive Vice-President-designate Raffaele Fitto | News Hearing of Executive Vice-President-designate Raffaele Fitto | News In his opening remarks, Mr Fitto stated his intention to respond to demographic challenges and to give opportunities to everyone, and in particular young people, so they can stay and thrive in their home regions. He committed to using the so-called “place-based approach” to better address local needs and to working closer together with local authorities. Answering MEP questions on the future of cohesion policy, Mr Fitto said that it needs to be simplified and more flexible, and that the administrative burden must be reduced. For the first time, the Commission has a dedicated portfolio for simplification, he added. However, simplification cannot mean reduced transparency or scrutiny, Mr Fitto argued. He underlined the important work of the ********* Public Prosecutor’s Office (EPPO) and the ********* Anti-****** Office OLAF in making sure that EU funds go where they are supposed to. Strong role for local authorities Discussing the future of cohesion policy, MEPs quizzed Mr Fitto on whether simplification would mean centralisation. They asked if he will defend “cohesion policy as we know it”, where people and regions have a strong role. Mr Fitto committed to advancing solutions that leverage the specialised knowledge of local actors, and are flexible enough to accommodate different local needs. At the same time, he wants to develop targeted approaches to local industrial policy and leverage the potential of tourism. In response to questions about efforts to strengthen rural regions suffering from depopulation and brain drain, Mr Fitto underlined the importance of high quality work, local administrative capacity, infrastructure – including digital – and public services in every region. He further committed to supporting talent development and employment opportunities and to accelerating the implementation of the Just Transition Fund. Solutions for island regions and cities On support for islands, Mr Fitto pointed to his record working on the topic as an MEP, and said that coordinated efforts involving transport, agriculture, fisheries and tourism policy will be needed. Mr Fitto also announced his intention to develop a comprehensive policy agenda for cities, including housing, digitalisation and social inclusion. Citizens who live in the EU’s eastern border regions also need the EU’s maximum support, he said. MEPs also raised the issue of the rule of law and Mr Fitto’s previous record on Article 7 votes. Mr Fitto committed to respecting the rule of law as a fundamental EU principle, and said he has already contributed to the EU’s rule of law dialogue in his previous role as an EU Affairs Minister. Press point At the end of the hearing, the Chair of the Committee on Regional Development held a press point outside the meeting room: watch it here. Next steps The committee chair and political group coordinators will meet without delay after the hearing to assess the performance and qualification of the Commissioner-designate. Based on the committee recommendations, the Conference of Presidents (EP President Metsola and political group chairs) is set to conduct the final evaluation and declare the hearings closed on 21 November. Once the Conference of Presidents declares all hearings closed, the evaluation letters will be published. The election by MEPs of the full college of Commissioners (by a majority of the votes cast, by roll-call) is currently scheduled to take place during the 25-28 November plenary session in Strasbourg. Source link #Hearing #Executive #VicePresidentdesignate #Raffaele #Fitto #News Pelican News View the full article at [Hidden Content]

Shell wins appeal against landmark ruling to cut emissions Shell wins appeal against landmark ruling to cut emissions STORY: Shell has won an appeal against a landmark climate order for it to cut greenhouse gas emissions. The appeals court in The Hague dismissed the 2021 ruling that Shell must cut its absolute carbon emissions by 45% by 2030, relative to 2019 levels. That included emissions caused by the use of its products. The case had been brought Friends of the Earth Netherlands, known as Milieudefensie. But presiding judge Carla Joustra said Shell was already on its way to meet required targets for its own emissions. “Shell has set a specific reduction target for scope 1 and 2 that means its scope 1 and 2 emissions will be reduced by 50% by 2030 compared to 2016. Furthermore, it follows from the documents provided by Shell that it had already achieved a 31% reduction by 2023. So Shell is already doing what Milieudefensie is claiming from it. Milieudefensie’s claim regarding scope 1 and 2 is therefore not admissible.” The Dutch court did say, however, that the oil giant has a responsibility to reduce greenhouse gas emissions to protect people from global warming. It said Shell was already on its way to meet required targets for its own emissions. And it said that it was unclear if demands to reduce emissions caused by the use of its products would help the ****** against climate change. The ruling coincides with the COP29 U.N. climate summit in Baku, Azerbaijan. On the agenda is a continuation of last year’s talks about transitioning away from fossil fuels. Shell Chief Executive Officer Wael Sawan welcomed the decision, saying Shell believed it was “the right one for the global energy transition, the Netherlands and our company.” Milieudefensie said it was disappointed about Shell’s victory and would continue its ****** against large polluters. “This really touches me. This should have been the moment of a real breakthrough in the ****** against dangerous climate change. That didn’t happen today, but the ****** against dangerous climate change is a marathon, not a sprint, and the race has only just begun.” Source link #Shell #wins #appeal #landmark #ruling #cut #emissions Pelican News View the full article at [Hidden Content]

My Nintendo Store Reveals Donkey Kong Country Returns HD Pre-Order Bonuses & Bundle (***) My Nintendo Store Reveals Donkey Kong Country Returns HD Pre-Order Bonuses & Bundle (***) Donkey Kong Country Returns HD’s 16th January 2025 release date might still feel like a long way off, but the new year is rapidly approaching and Nintendo is getting the hype train a-moving with a first look at some pre-order bonuses. Source link #Nintendo #Store #Reveals #Donkey #Kong #Country #Returns #PreOrder #Bonuses #amp #Bundle Pelican News View the full article at [Hidden Content]

Ultrawide monitors will be some of the hottest products this ****** Friday – and MSI has just launched one with cutting-edge OLED tech Ultrawide monitors will be some of the hottest products this ****** Friday – and MSI has just launched one with cutting-edge OLED tech The new monitor was first announced in August, after its predecessor’s launch in 2024 MSI’s MGP 491CQPX includes a range of improvements, notably its refresh rate and ClearMR certification Its previous model (MGP 491CQP) is now on ***** ahead of ****** Friday MSI launched an impressive super ultrawide gaming monitor earlier this year, which we delve deeper into in our MPG 491CQP review, opening the gateway for more competition among the best ultrawide monitors on the market this ****** Friday. Now, we have more good news: an enhanced version of this has just launched, the brand-new MPG 491CQPX QD-OLED Super Ultrawide Gaming Monitor, which comes with a host of upgrades across the board. While it maintains the 49-inch display size and 5120×1440 resolution, the advantages over the previous CQP model include a 240Hz refresh rate, 0.03ms GtG response time, HDMI 2.1 ports, 98W *** (power delivery), and a superior ClearMR 13000 motion clarity certification from VESA, the display industry standards body. With 49 inches of ultrawide screen real estate, the MPG 491CQPX is as luxurious as it gets for PC gamers. (Image credit: MSI) OLEDs may be great at providing the best image quality for displays, but this doesn’t stop the possibility of unwanted blur, especially in fast-paced games. The aforementioned CQP 144Hz model offered a ClearMR 8000 certification, but with this improvement to VESA’s 13000 rating, blurry pixels in-game will be reduced significantly. The next-gen QD-OLED panel from MSI (which was used in the 491CQPX’s predecessor) promises enhanced ‘sub-pixel arrangement’ which should produce sharper images and better text (a notable point of contention for some people with OLED monitors). QD-OLEDs are well-known for their ability to provide the best contrast and deep ****** levels, all while utilizing a wider ****** gamut compared to LCD displays, so this combination is a huge benefit for users. So, what about *****-in? How much will it cost? Whilst we currently have no info on its cost, looking at the MPG 491CQP’s price ($1099/ £1098.95 / AU$1,699), it’s fair to say that it will be priced close within its range. The good news is if you’re in the ***, you can get your hands on the previous model for just £799 at Scan thanks to the ****** Friday ***** – a pretty good deal, right? Both the old and new models utilize MSI’s OLED Care 2.0 software – it’s no secret that OLEDs are prone to *****-in, which can quickly become frustrating. Similar to the display care tools found in Dell’s Alienware AW3423DWF gaming monitor, OLED Care 2.0 sends you a pop-up to shift and refresh pixels on your display after about four hours of continuous use to protect your monitor from *****-in. Sign up to be the first to know about unmissable ****** Friday deals on top tech, plus get all your favorite TechRadar content. Despite its necessity, this sort of automated maintenance is one of the biggest downsides of owning an OLED display, but the benefits easily outweigh this. If you’re willing to take this in stride (or just don’t use your PC for more than four hours at a time), the CQPX will ultimately take your gaming experience to new heights. You might also like… Source link #Ultrawide #monitors #hottest #products #****** #Friday #MSI #launched #cuttingedge #OLED #tech Pelican News View the full article at [Hidden Content]

EPA to hit oil and gas companies with “methane fee” for drilling waste — but will it last? EPA to hit oil and gas companies with “methane fee” for drilling waste — but will it last? Washington — Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration. The Environmental Protection Agency rule follows through on a directive from Congress included in the 2022 climate law. The new fee is intended to encourage industry to adopt best practices that reduce emissions of methane – the primary component of natural gas – and thereby avoid paying. Methane is a climate “super pollutant” that is far more potent in the short term than carbon dioxide and is responsible for about one-third of greenhouse gas emissions. The oil and natural gas sector is the largest industrial source of methane emissions in the ******* States, and advocates say reduction of methane emissions is a crucial way to slow climate change. The rule, set to be announced Tuesday at an international climate conference in Azerbaijan, comes hours after President-elect Donald Trump named former New York congressman Lee Zeldin to head the agency in Trump’s second term. If confirmed by the Senate, Zeldin is expected to move to reverse or loosen dozens of environmental regulations approved under President Biden as Trump seeks to establish U.S. “energy dominance″ worldwide. Trump is likely to target the methane fee amid a flurry of expected actions he has promised to deregulate the oil and gas industry. As outlined by the EPA, excess methane produced in 2024 could result in a fee of $900 per ton, with fees rising to $1,200 per ton in 2025 and $1,500 per ton by 2026. Industry groups are likely to challenge the rule, including any effort to impose a retroactive fee. The rule wouldn’t become final until early next year, following publication in the Federal Register. EPA Administrator Michael Regan said in a statement that the rule will work in tandem with a new EPA rule on methane emissions imposed this year. The rule targets the U.S. oil and natural gas industry for its role in global warming as Mr. Biden seeks to secure his legacy on fighting climate change. The fee, formally known as the Waste Emissions Charge, will encourage early deployment of available technologies to reduce methane emissions and other harmful air pollutants, Regan said. The fee “is the latest in a series of actions under President Biden’s methane strategy to improve efficiency in the oil and gas sector, support ********* jobs, protect clean air and reinforce U.S. leadership on the global stage,” he said. Industry groups and ***********-led states have challenged the earlier methane rule in court, but lost a bid for the Supreme Court to block the rule while the case continues before lower-level judges. Opponents argue that the EPA overstepped its authority and set unattainable standards with the new regulations. The EPA, though, said the rules are squarely within its legal responsibilities and would protect the public. Many large oil and gas companies already meet or exceed methane-performance levels set by Congress under the climate law, meaning they are unlikely to be forced to pay the new fee, Regan and other officials said. Even so, the EPA estimates that the rule will result in cumulative emissions reductions of 1.2 million metric tons of methane (the equivalent of 34 million metric tons of carbon-dioxide) through 2035. That figure is similar to clean-air gains from taking nearly 8 million gas-powered cars off the road for a year, the EPA said. Cumulative climate benefits could total as much $2 billion, the agency said. Like the earlier methane rule, the new fee faces a near-certain legal challenge from industry groups. The ********* Petroleum Institute, the oil and gas industry’s largest lobbying group, called a fee proposed earlier this year a “punitive tax increase” that “undermines America’s energy advantage.” The API said it looks forward to working with Congress to repeal the “misguided new tax on ********* energy.” Environmental groups, for their part, have hailed the impending methane fee, saying oil and gas companies should be held accountable for pollution that contributes to global warming. Oil and gas companies routinely calculate that it’s cheaper to waste methane through flaring and other techniques than to make necessary upgrades to prevent leaks, they said. The EPA said it expects that over time, fewer oil and gas companies will be charged for excess methane as they reduce emissions in compliance with the rule. ClimateWatch: Climate Change News & Features More More Source link #EPA #hit #oil #gas #companies #methane #fee #drilling #waste Pelican News View the full article at [Hidden Content]

Megan Fox and Machine **** Kelly expecting first child Megan Fox and Machine **** Kelly expecting first child Getty Images Megan Fox has announced she and US rapper Machine **** Kelly are expecting their first child together. The Transformers actress tagged the musician in a photo which showed her kneeling, covered in a ****** substance and cradling a baby bump. Fox, who last year revealed that a previous pregnancy had ended in a miscarriage, also posted a picture of a positive pregnancy test alongside the portrait. The actress, who has been dating Kelly since 2020, captioned the images with: “Nothing is ever really lost. welcome back”. Getty Images Fox previously spoke about her miscarriage on ABC’s Good Morning America. She said: “I’ve never been through anything like that before in my life. It was very difficult for both of us. “It sent us on a very wild journey together and separately – trying to navigate what does this mean and why did this happen?” She also shared her experiences in her book, Pretty Boys are Poisonous, through two poems. In an interview with Women’s Wear Daily Fox also revealed that she’d experienced an ectopic pregnancy on a different occasion. This is when a fertilised egg implants itself outside of the womb, usually in one of the fallopian tubes. The ********* actress has three children, and Machine **** Kelly has a daughter from a previous relationship. Listen to Newsbeat live at 12:45 and 17:45 weekdays – or listen back here. Source link #Megan #Fox #Machine #**** #Kelly #expecting #child Pelican News View the full article at [Hidden Content]

‘An exciting new chapter’ – ****** May Cry, Dragon’s Dogma director returns with new AAA studio ‘An exciting new chapter’ – ****** May Cry, Dragon’s Dogma director returns with new AAA studio Capcom veteran Hideaki Itsuno has returned to development, leading a new studio owned by Tencent subsidiary LightSpeed Studios. Itusno will lead Lightspeed Japan Studio, which will operate across two offices in Tokyo and Osaka, it announced on Tuesday. Itsuno’s career at Capcom spanned over three decades. In that time he served as the director of classic games such as Power Stone, ****** May Cry 3, 4 and 5, Dragon’s Dogma 1 and 2, as well as producing several other Capcom projects. His latest release, Dragon’s Dogma 2, was met with critical acclaim. VGC’s Dragon’s Dogma 2 review called it “the most vital action RPG since Elden Ring.” “Joining LightSpeed Studios is an exciting new chapter for me,” Itsuno said in a statement. “With LightSpeed’s strong development capability and global network, I look forward to creating original AAA action game titles together with the amazing team, and building aesthetic and innovative experiences for the global player community. “We welcome all talented and passionate game creators from the world over to join our vision.” LightSpeed Studios president Jerry Chen added: “It is our great honor to have Hideaki Itsuno join LightSpeed Studios. The establishment of LightSpeed Japan Studio is a significant step in LightSpeed Studios’ expansion and demonstrates our commitment to bringing the best possible games to our players.” @__Lightspeed___で新章がスタートします！素晴らしいチームとともに新作AAAタイトルを制作し、世界中のプレイヤーに美しく革新的な体験をお届けできることに興奮しています。グローバル人材募集が始まりました！ぜひご参加ください！” [Hidden Content] — Hideaki Itsuno (@tomqe) November 12, 2024 Itsuno announced in August that he would be leaving Capcom after more than 30 years. “At the end of August 2024, I will be leaving Capcom after 30 years and 5 months,” he wrote at the time. “Thank you for your long-term support of the games and characters I have been responsible for. I hope you will continue to support Capcom’s games and characters. “From September, I will start developing a new game in a new environment. I hope to create fun, beautiful games that are as memorable as, or even more memorable than, the ones I have created so far. Please stay tuned for my next creation.” Source link #exciting #chapter #****** #Cry #Dragons #Dogma #director #returns #AAA #studio Pelican News View the full article at [Hidden Content]

Hearing of High Representative/Vice President-designate Kaja Kallas | News Hearing of High Representative/Vice President-designate Kaja Kallas | News In her introductory statement, Ms Kallas pledged to work on strengthening the EU’s position in the world and safeguarding its geopolitical and economic security. She also called for more investment in defence and stressed the importance of cooperating with international partners. Aid for Ukraine and results on enlargement in the next five years Ms Kallas warned that Russia, Iran, North Korea, and – more covertly – China, want to change the rules-based world order. She called on the EU to respond to this threat alongside its closest allies and partners “without losing an inch of who we are”. On Russia’s war against Ukraine, she said that Ukraine’s victory is a priority for the EU, which has to provide as much military, financial and humanitarian aid as is needed. Ms Kallas argued in favour of Ukraine’s accession to the EU and stressed that enlargement to neighbouring countries is a geostrategic investment that is in the EU´s own interest: “In the next five years we need clear results here.” On migration, Ms Kallas said that in order to protect freedom of movement, the EU must protect its external borders. It has to prevent the loss of life, while addressing the root causes of migration in the best way possible. On China, she said that the country is increasingly a competitor and a systemic rival, highlighting that “our dependency towards China in key sectors is a real vulnerability. We need to de-risk.” Regarding defence policy, Ms Kallas warned that Russia, North Korea and Iran produce more equipment and ammunition than the Euro-Atlantic community. Europe needs to invest more in defence and shoulder more responsibility, she said, stressing that the transatlantic partnership has brought prosperity and security to both sides of the Atlantic. As with all relationships, we must build on what works best for both sides, she added. New US administration, defence, sanctions MEPs questioned Ms Kallas on how she would engage with the incoming U.S. administration to ensure continued support for Ukraine. She responded that, if confirmed, she will seek connections with the new ********* leadership because “what I see globally is that we are the strongest of allies and we have to keep sticking together”. She also said that the U.S. cannot afford to focus exclusively on China at the expense of Ukraine, while China also needs to “feel a cost” for its support of Russia’s war of aggression. Referring to Europe’s “significant underinvestment” in defence, she said that stepping up Europe’s defence capabilities would act as a strong deterrent: “It would tell Russia, don’t even think about it, because we will ****** back”. MEPs also asked her about the EU’s sanctions policy and EU complementarity with NATO. Ms Kallas was firm in her belief that the EU does not need separate military powers to NATO, saying that the EU’s role is to boost the defence industry and produce ammunition, with NATO being the lead military organisation. Pressed on whether the EU should make its sanctions on Russia permanent, instead of having to renew them every six months, Ms Kallas expressed support for the idea, while admitting that for the moment she does not see unity around the Council table or this issue. On ******* and Palestine, Ms Kallas said the EU would continue to strive for an immediate ceasefire, the release of all hostages and the provision of humanitarian aid, continuing its firm support for work on a long-term two-state solution. Press point At the end of the hearing, Committee Chair David McAllister held a press point outside the meeting room: watch it here Next steps The committee chair and political group coordinators will meet without delay after the hearing to assess the performance and qualification of the Commissioner-designate. Based on the committee recommendations, the Conference of Presidents (EP President Metsola and political group chairs) is set to conduct the final evaluation and declare the hearings closed on 21 November. Once the Conference of Presidents declares all hearings closed, the evaluation letters will be published. The election by MEPs of the full college of Commissioners (by a majority of the votes cast, by roll-call) is currently scheduled to take place during the 25-28 November plenary session in Strasbourg. Source link #Hearing #High #RepresentativeVice #Presidentdesignate #Kaja #Kallas #News Pelican News View the full article at [Hidden Content]

Scotland call up Stuart Armstrong as Che Adams & Lewis Morgan drop out Scotland call up Stuart Armstrong as Che Adams & Lewis Morgan drop out Goalkeepers: Craig Gordon, Robby McCrorie, Cieran Slicker. Defenders: Nicky Devlin, Grant Hanley, Jack Hendry, Scott McKenna, Ryan Porteous, Anthony Ralston, Andy Robertson, John Souttar, Greg Taylor. Midfielders: Stuart Armstrong, Connor Barron, Ryan Christie, Ben Doak, Ryan Gauld, Billy Gilmour, John McGinn, Kenny McLean, Scott McTominay. Forwards: Tommy Conway, Lyndon Dykes, Lawrence Shankland. Source link #Scotland #call #Stuart #Armstrong #Che #Adams #Lewis #Morgan #drop Pelican News View the full article at [Hidden Content]

LightSpeed Studios Launches Japan Game Development Studio Led By Hideaki Itsuno LightSpeed Studios Launches Japan Game Development Studio Led By Hideaki Itsuno LIGHTSPEED STUDIOS Launches Japan Game Development Studio Led By Hideaki Itsuno Source link #LightSpeed #Studios #Launches #Japan #Game #Development #Studio #Led #Hideaki #Itsuno Pelican News View the full article at [Hidden Content]

Beat the winter chill with a huge 37% off this Google Nest Learning Thermostat for ****** Friday Beat the winter chill with a huge 37% off this Google Nest Learning Thermostat for ****** Friday The winter chill is definitely starting to set in, so this is the perfect time to think about investing in a smart thermostat to keep the temperature in your home just right – and we’ve found a deal that will make it super affordable too. Right now, you can get the Google Nest Learning Thermostat (3rd Gen) for only £139 at Amazon (was £219). That’s the cheapest it’s been this year, and one of the best ****** Friday deals we’ve seen so far on smart home tech. The Google Nest Learning Thermostat (3rd Gen) currently holds the number one spot in our roundup of the best smart thermostats thanks to its ability to create a personalised heating schedule automatically based on how you use it. Usually the only real drawback is its price, but thanks to this early ****** Friday deal, that’s no longer an issue. Today’s best Google Nest Learning Thermostat (Gen 3) deal Our reviewers gave the Google Nest Learning Thermostat (Gen 3) a score of four stars out of five thanks to its ease of use, smart design, and potential for real energy savings. We originally estimated that it would take about three years for the cash savings to offset the initial price, but with this deal it could pay for itself much sooner. You can also use the 37% saving to offset the cost of having the thermostat fitted professionally if you’re not confident doing it yourself. Having installed one recently, TechRadar’s Managing Editor of Core Tech Matt Hanson recommends this to save time and effort. ****** Friday is a great time to stock up on smart home tech, with big discounts on everything from lights to locks. We’re already seeing some particularly good ****** Friday Ring doorbell deals and ****** Friday ****** vacuum deals, so stick with TechRadar and let us do the hard work of hunting down the best offers for you. More of today’s ****** Friday sales in the *** Amazon: up to 68% off toothbrushes and TVs AO: savings on games consoles and appliances Argos: up to 50% off toys, Lego, TVs and gifts Boots: up to 50% off Dyson, *****-B and Philips Currys: early deals on TVs, appliances, laptops Dell: laptops, desktops, monitors from £299 Dyson: up to £150 off Ebay: up to 50% off refurbished tech EE: up to £600 off Samsung and Apple John Lewis: up to £300 off appliances and TVs LG: £1,000 or more off TVs and appliances Samsung: up to £600 off TVs, phones and tablets Very: up to 30% off phones, appliances & clothing Source link #Beat #winter #chill #huge #Google #Nest #Learning #Thermostat #****** #Friday Pelican News View the full article at [Hidden Content]