Some tech industry leaders are pushing the incoming Trump administration to increase visas for highly skilled workers from other nations. Related Articles National Politics | Trump threat to immigrant health care tempered by economic hopes National Politics | In states that ban abortion, social safety net programs often fail families National Politics | Trump vows to pursue executions after Biden commutes most of federal death row National Politics | Elon Musk’s preschool is the next step in his anti-woke education dreams National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ The heart of the argument is, for America to remain competitive, the country needs to expand the number of skilled visas it gives out. The previous Trump administration did not increase the skilled visa program, instead clamping down on visas for students and educated workers, increasing denial rates. Not everyone in corporate America thinks the skilled worker program is great. Former workers at IT company Cognizant recently won a federal class-action lawsuit that said the company favored Indian employees over Americans from 2013 to 2022. A Bloomberg investigation found Cognizant, and other similar outsourcing companies, mainly used its skilled work visas for lower-level positions. Workers alleged Cognizant preferred Indian workers because they could be paid less and were more willing to accept inconvenient or less-favorable assignments. Question: Should the U.S. increase immigration levels for highly skilled workers? Caroline Freund, UC San Diego School of Global Policy and Strategy YES: Innovation is our superpower and it relies on people. Sourcing talent from 8 billion people in the world instead of 330 million here makes sense. Nearly half our Fortune 500 companies were founded by immigrants or their children. Growing them also relies on expanding our skilled workforce. The cap on skilled-worker visas has hardly changed since the computer age started. With AI on the horizon, attracting and building talent is more important than ever. Kelly Cunningham, San Diego Institute for Economic Research YES: After years of openly allowing millions of undocumented entrants into the country, why is there controversy over legally increasing somewhat the number having desirable skills? Undocumented immigration significantly impacts lower skill level jobs and wages competing with domestic workers at every skill level. Why should special cases be made against those having higher skills? Could they just not walk across the border anyway, why make it more inconvenient to those with desirable skills? James Hamilton, UC San Diego YES: Knowledge and technology are key drivers of the U.S. economy. Students come from all over the world to learn at U.S. universities, and their spending contributed $50 billion to U.S. exports last year. Technological advantage is what keeps us ahead of the rest of the world. Highly skilled immigrants contribute much more in taxes than they receive in public benefits. The skills immigrants bring to America can make us all better off. Norm Miller, University of San Diego YES: According to Forbes, the majority of billion-dollar startups were founded by foreigners. I’ve interviewed dozens of data analysts and programmers from Berkeley, UCSD, USD and a few other schools and 75% of them are foreign. There simply are not enough American graduates to fill the AI and data mining related jobs now exploding in the U.S. If we wish to remain a competitive economy, we need highly skilled and bright immigrants to come here and stay. David Ely, San Diego State University YES: Being able to employ highly skilled workers from a larger pool of candidates would strengthen the competitiveness of U.S. companies by increasing their capacity to perform research and innovate. This would boost the country’s economic output. Skilled workers from other nations that cannot remain in the U.S. will find jobs working for foreign rivals. The demand for H-1B visas far exceeds the current cap of 85,000, demonstrating a need to modify this program. Phil Blair, Manpower YES: Every country needs skilled workers, at all levels, to grow its economy. We should take advantage of the opportunity these workers provide our employers who need these skills. It should be blended into our immigration policies allowing for both short and long term visas. Gary London, London Moeder Advisors YES: San Diego is a premiere example of how highly skilled workers from around the globe enrich a community and its regional economy. Of course Visa levels need to be increased. But let’s go further. Tie visas and immigration with a provision that those who are admitted and educated at a U.S. university be incentivized, or even required, to be employed in the U.S. in exchange for their admittance. Bob Rauch, R.A. Rauch & Associates NO: While attracting high-skilled immigrants can fill critical gaps in sectors like technology, health care and advanced manufacturing, increasing high-skilled immigration could displace American workers and drive down wages in certain industries. There are already many qualified American workers available for some of these jobs. We should balance the need for specialized skills with the impact on the domestic workforce. I believe we can begin to increase the number of visas after a careful review of abuse. Austin Neudecker, Weave Growth YES: We should expand skilled visas to drive innovation and economic growth. Individuals who perform high-skilled work in labor-restricted industries or graduate from respected colleges with relevant degrees should be prioritized for naturalization. We depend on immigration for GDP growth, tax revenue, research, and so much more. Despite the abhorrent rhetoric and curtailing of visas in the first term, I hope the incoming administration can be persuaded to enact positive changes to a clearly flawed system. Chris Van Gorder, Scripps Health YES: But it should be based upon need, not politics. There are several industries that have or could have skilled workforce shortages, especially if the next administration tightens immigration as promised and expected. Over the years, there have been nursing shortages that have been met partially by trained and skilled nurses from other countries. The physician shortage is expected to get worse in the years to come. So, this visa program may very well be needed. Jamie Moraga, Franklin Revere NO: While skilled immigration could boost our economy and competitiveness, the U.S. should prioritize developing our domestic workforce. Hiring foreign nationals in sensitive industries or government-related work, especially in advanced technology or defense, raises security concerns. A balanced approach could involve targeted increases in non-sensitive high-demand fields coupled with investment in domestic STEM education and training programs. This could address immediate needs while strengthening the long-term STEM capabilities of the American workforce. Not participating this week: Alan Gin, University of San DiegoHaney Hong, San Diego County Taxpayers AssociationRay Major, economist Have an idea for an Econometer question? Email me at phillip.molnar@sduniontribune.com . Follow me on Threads: @phillip020{ "@context": "https://schema.org", "@type": "NewsArticle", "dateCreated": "2024-11-23T17:48:29+02:00", "datePublished": "2024-11-23T17:48:29+02:00", "dateModified": "2024-11-23T17:48:28+02:00", "url": "https://www.newtimes.co.rw/article/22060/news/featured/bk-group-plc-announces-interim-dividend-for-shareholders", "headline": "BK Group Plc Announces Interim Dividend for Shareholders", "description": "Kigali, Rwanda – 22nd November 2024 – BK Group Plc, Rwanda’s leading financial services group, is pleased to announce the declaration of an interim...", "keywords": "", "inLanguage": "en", "mainEntityOfPage":{ "@type": "WebPage", "@id": "https://www.newtimes.co.rw/article/22060/news/featured/bk-group-plc-announces-interim-dividend-for-shareholders" }, "thumbnailUrl": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/11/23/64667.jpeg", "image": { "@type": "ImageObject", "url": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/11/23/64667.jpeg" }, "articleBody": "Kigali, Rwanda – 22nd November 2024 – BK Group Plc, Rwanda’s leading financial services group, is pleased to announce the declaration of an interim dividend of RWF 10.32 per share for its shareholders. This dividend demonstrates BK Group’s strong financial performance and continued commitment to delivering value to its shareholders. Shareholders registered in the company’s books as of 02nd December 2024 will be eligible to receive the interim dividend, with payments scheduled to commence on or around 20th December 2024. BK Group Plc’s financial strength and strategic execution continue to position the Group as a trusted partner in the region's economic growth. This interim dividend reflects our unwavering dedication to rewarding our shareholders while maintaining a solid foundation for sustained growth. Key Dates: • Book closure date: 02nd December 2024 • Payment Date: On or around 20th December 2024 For further information, please contact: Hugues M. KAYIGAMBA Group Head of Investor Relations and Corporate Development E: investor.relations@bk.rw T: (+ 250) 78814 3354 About BK Group Plc Limited Established in 1966, BK Group Plc is a leading non-operating holding company registered with the Rwanda Development Board (RDB) under the Companies Act No. 17/2018 of 13/04/2018. The Group comprises five subsidiaries: Bank of Kigali, BK Capital, BK General Insurance, BK TecHouse, and BK Foundation. Together, they provide a comprehensive range of services spanning banking, investment management, insurance, technology solutions, and philanthropy to support Rwanda’s economic and social development. BK Group Plc is listed on the Rwanda Stock Exchange and cross-listed on the Nairobi Securities Exchange, reinforcing its position as a trusted regional financial leader", "author": { "@type": "Person", "name": "The New Times" }, "publisher": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/", "sameAs": ["https://www.facebook.com/TheNewTimesRwanda/","https://twitter.com/NewTimesRwanda","https://www.youtube.com/channel/UCuZbZj6DF9zWXpdZVceDZkg"], "logo": { "@type": "ImageObject", "url": "/theme_newtimes/images/logo.png", "width": 270, "height": 57 } }, "copyrightHolder": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/" } }The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the Hawk air defence system. It also will provide Stinger missiles and 155mm and 105mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defence officials acknowledged that the US Defence Department may not be able to send all of the remaining 5.6 billion dollars (£4.5 billion) in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Mr Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin. Many US and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he will not provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about 4.35 billion dollars (£3.46 billion). Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Ukrainian president Volodymyr Zelensky decide it is time to negotiate. One senior defence official said that while the US will continue to provide weapons to Ukraine until January 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about 1.2 billion dollars (£0.9 billion) remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the US will have provided more than 64 billion dollars (£50.8 billion) in security assistance to Ukraine since Russia invaded in February 2022.
Marilyn Manson drops defamation lawsuit against Evan Rachel Wood, will pay her legal feesFederal Reserve Chair Jerome Powel l adopted a hawkish stance during his Wednesday press conference after the December Fed meeting, sparking a market bloodbath as the New York session headed to the close. Although the Federal Reserve lowered interest rates by 0.25% to a range of 4.25%-4.5%, as widely anticipated, the updated economic projections suggest just two potential rate cuts in 2025 — down from four projected in September and fewer than the three anticipated by markets before the meeting. Powell described the shift as “a new phase” for monetary policy, emphasizing that after 100 basis points of rate cuts in 2024, rates are now significantly closer to a neutral stance. Stocks tumbled across the board, the U.S. dollar soared to two-year highs and Bitcoin BTC/USD cratered over 5%, as investors digested the reality of a shift in the monetary policy stance by the Federal Reserve. The CBOE Volatility Index, known as the VIX and Wall Street’s fear gauge, skyrocketed 58% to 25, reflecting a spike in investor uncertainty and heightened anxiety over the future of interest rates. Wall Street Wipeout: Major Indices Slammed The Dow Jones Industrial Average, as tracked by the SPDR Dow Jones Industrial Average ETF DIA , dropped 1,123 points, falling 2.6% to close at 42,326, marking its worst one-day drop since September 2022. Amazon.com Inc. AMZN recorded the worst performance among blue-chip stocks, down 4.6%. The S&P 500 index — tracked by the SPDR S&P 500 ETF Trust SPY — fell 178 points, down 2.9% to 5,872, also marking its worst day since September 2022. Paycom Software Inc. PAYC was the major laggard within the S&P 500, down 10%. The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 QQQ , experienced an even sharper drop of 3.6%, closing at 21,209 as interest rate-sensitive technology stocks took a beating. Tesla Inc. TSLA tumbled 8.1%, marking the worst performance within the Nasdaq 100. Every Magnificent Seven company ended the day in the red, collectively erasing more than $600 billion in market value on Wednesday. Small caps in the Russell 2000 posted the steepest losses, plummeting 4.7% to 2,225. With Wednesday’s move, the iShares Russell 2000 ETF IWM has fully erased the post-election rally. All major U.S. equity sectors finished in the red. Consumer Discretionary stocks suffered the most, plunging 4.5%, followed by Real Estate, which dropped 4% as rising rates weigh heavily on growth-oriented and interest-rate-sensitive industries. Technology, the largest sector by market capitalization, fell 3.2%, with chipmakers and software companies bearing the brunt of the selloff. Communications and Materials both declined 2.9%, while Financials dropped 3%, reflecting pressure across cyclical areas of the market. Even traditionally defensive sectors failed to escape the selloff. Utilities and Consumer Staples fell 2.4% and 1.5%, respectively. Dollar Surges To 2-Year Highs, Hammers Gold And Bitcoin The U.S. dollar emerged as the day's clear winner, with the dollar index (DXY), followed by the Invesco DB USD Index Bullish Fund ETF UUP , climbing 1.2% to reach its highest level since November 2022. As the greenback rallied, gold failed to provide a safe haven, falling 2.1% to $2,580 per ounce, while silver dropped 3.5%. Risk-off sentiment extended into alternative assets. Bitcoin plunged 5.5%, trading just above $101,500. During the press conference, Powell was asked whether the U.S. government should consider building a strategic reserve of Bitcoin. Powell quickly dismissed the idea, making it clear that such a move is not on the Fed’s radar. "We're not allowed to own Bitcoin," Powell said, emphasizing the legal and structural limitations of the Federal Reserve. "The Federal Reserve Act dictates what we can own, and we're not seeking any changes to that law." Read Next: Fed Slashes Interest Rates By 0.25% As Predicted: December Dot Plot Flags Only 2 Potential Cuts In 2025 Illustration generated with AI via Dall-E. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Daniel Pauliukonis' big first half sparks Benet past Bloom
Jack in the Box ( NASDAQ:JACK – Get Free Report ) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday. A number of other equities research analysts have also weighed in on the company. Northcoast Research lowered Jack in the Box from a “buy” rating to a “neutral” rating in a research report on Thursday, November 14th. Truist Financial lowered their price target on shares of Jack in the Box from $83.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Loop Capital cut their price objective on shares of Jack in the Box from $87.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, October 14th. The Goldman Sachs Group lowered their target price on Jack in the Box from $55.00 to $47.00 and set a “sell” rating for the company in a report on Monday, October 21st. Finally, TD Cowen reaffirmed a “hold” rating and set a $50.00 target price on shares of Jack in the Box in a research report on Thursday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.38. Get Our Latest Stock Analysis on Jack in the Box Jack in the Box Price Performance Insider Activity at Jack in the Box In other Jack in the Box news, CFO Brian M. Scott sold 696 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $48.66, for a total value of $33,867.36. Following the completion of the transaction, the chief financial officer now directly owns 13,201 shares of the company’s stock, valued at approximately $642,360.66. The trade was a 5.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link . 1.60% of the stock is currently owned by insiders. Hedge Funds Weigh In On Jack in the Box Several large investors have recently made changes to their positions in the company. DekaBank Deutsche Girozentrale acquired a new stake in Jack in the Box in the third quarter valued at approximately $41,000. EntryPoint Capital LLC increased its holdings in Jack in the Box by 73.2% in the 1st quarter. EntryPoint Capital LLC now owns 866 shares of the restaurant operator’s stock worth $59,000 after acquiring an additional 366 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in Jack in the Box by 172.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,140 shares of the restaurant operator’s stock worth $100,000 after acquiring an additional 1,354 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Jack in the Box in the third quarter valued at about $185,000. Finally, MML Investors Services LLC increased its stake in shares of Jack in the Box by 20.3% during the third quarter. MML Investors Services LLC now owns 4,852 shares of the restaurant operator’s stock worth $226,000 after purchasing an additional 819 shares in the last quarter. 99.79% of the stock is currently owned by institutional investors and hedge funds. Jack in the Box Company Profile ( Get Free Report ) Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California. Featured Stories Receive News & Ratings for Jack in the Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack in the Box and related companies with MarketBeat.com's FREE daily email newsletter .
SKSHU Paint: 3TREES Tile Hollowing Repair Agent 11-25-2024 11:36 PM CET | Industry, Real Estate & Construction Press release from: ABNewswire Product Name: 3TREES Tile Hollowing Repair Agent Image: https://www.abnewswire.com/uploads/1241ba6b1cf9abb00e4649e2cffd513a.jpg The 3TREES tile Hollowing Repair Agent is a single component waterborne repair agent, which is specially used for repairing hollowing, warping and other problems and bonding loose tiles. It has the characteristics of strong adhesion and good stability. Product Introduction The 3TREES tile Hollowing Repair Agent is a single component waterborne repair agent, which is specially used for repairing hollowing, warping and other problems and bonding loose tiles. It has the characteristics of strong adhesion and good stability. Product Selling Points 1. Easy to operate 2. Hollowing reduction 3. Strong adhesion Product Applications This product can be used for repairing hollowing, warping and other problems and bonding loose tiles in bathrooms and kitchens. Executive Standard Q/SKSP 059 Ceramic Tile Interface Treatment Agent Product Specification: 650ml Storage Life: This product can be stored for 12 months in sealed state in a cool (5-35) and dry place. Avoid rain, sun exposure and frost. About 3TREES Since its founding in 2002, 3TREES has been committed to building healthy homes by providing an integrated one-stop system of green construction materials and services, including Interior & Exterior Wall Coatings, Waterproofing Products, Insulation Materials, Industrial Coatings, Floor Coatings, Home Decoration New Materials, Auxiliary Materials and Construction in the engineering field. In the retail field, 3TREES provides a better life solution of 7-in-1 products and immediate move-in services including Emulsion Paint, Art Coatings, Beautiful Countryside Coatings, Adhesives, Auxiliary Materials, Waterproof Coatings and Sci-Tech Decorative Board. In 2016, 3TREES was listed on the Shanghai Stock Exchange. In 2019, it was listed on the Hurun China Top 500 Private Enterprises. In 2020, it became the exclusive supplier of official paint for the Olympic and Paralympic Winter Games Beijing 2022, and ranked the 10th place in global coatings listed companies by market value. In 2021, it ranked the 8th place in global architectural decorative coatings. The headquarter of 3TREES is in Putian, Fujian, the brand centers are in Shanghai, Guangzhou, Beijing, and 13 production bases including under construction in Fujian, Sichuan, Henan, Tianjin, Anhui, Hebei, Guangdong, Hubei and Jiangsu. The Putian Eco-Industrial Park was rated as the national-level "green factory". 3TREES has now become a group with 33 wholly-owned and majority-owned companies. It currently has nearly 10,000 employees and 30,000 cooperative partners all over the world. 3TREES will keep to the path of high-quality and sustainable development, reinforce its position as a leading Chinese brand in high-end coating industry, and strive to become a Top 3 coatings brand in the world in five years. Media Contact Company Name: SKSHU Paint Co., Ltd.. Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=skshu-paint-3trees-tile-hollowing-repair-agent ] Phone: +86 0594 2761989 Address:Headquarter: 518 Liyuan North Avenue, Licheng District City: Putian State: Fujian, 351100 Country: China Website: https://www.3treesgroup.com/en/ This release was published on openPR.Oil settles up over 1% on large draw from US crude stocksMany mysterious drones have been reported flying over New Jersey and across the eastern U.S., sparking speculation and concern over where they came from and why. The FBI, the Homeland Security Department and state agencies have been investigating, but officials say there has been nothing so far to suggest that any drones have posed a national security or public safety threat. In fact, authorities say, many of the drone sightings have actually been legal drones, manned aircraft, helicopters and even stars. President Joe Biden said Tuesday night that there appears to be nothing nefarious about the flying objects. “There are a lot of drones authorized. We are following this closely. So far no sense of danger,” the Democrat said as he left the White House for a trip to Delaware. Despite federal officials' comments, many state and municipal lawmakers have nonetheless called for stricter rules about who can fly unmanned aircraft — and for the authority to shoot them out of the sky. The House Intelligence Committee grilled federal law enforcement and intelligence officials about the drones during a closed-door meeting Tuesday, Democratic U.S. Rep. Jim Himes of Connecticut told CNN. Authorities told the panel there still is no evidence that drones are posing dangers, Himes said. What has been seen in New Jersey? Dozens of witnesses have reported seeing drones statewide since mid-November, including near the Picatinny Arsenal, a military research and manufacturing facility, and over President-elect Donald Trump’s golf course in Bedminster. New Jersey Gov. Phil Murphy, a Democrat, said Monday that drone-detection equipment supplied by the federal government has yielded little new information. He declined to describe the equipment except to say it was powerful and could even disable the drones, though he said that’s not legal on U.S. soil. Murphy urged Congress to give states more authority to deal with the drones. Meanwhile, the FBI and New Jersey state police warned against pointing lasers at suspected drones, because aircraft pilots are being hit in the eyes more often. Authorities also said they are concerned people might fire weapons at manned aircraft that they have mistaken for drones. But do the drones pose a threat? The growing anxiety among some residents is not lost on the Biden administration, which has faced criticism from Trump for not dealing with the matter more aggressively. White House national security spokesperson John Kirby said Monday that the federal government has yet to identify any public safety or national security risks. “There are more than 1 million drones that are lawfully registered with the Federal Aviation Administration here in the United States,” Kirby said. “And there are thousands of commercial, hobbyist and law enforcement drones that are lawfully in the sky on any given day. That is the ecosystem that we are dealing with.” The federal government has deployed personnel and advanced technology to investigate the reports in New Jersey and other states, and is evaluating each tip reported by citizens, he said. About 100 of the more than 5,000 drone sightings reported to the FBI in recent weeks were deemed credible enough to warrant more investigation, according to a joint statement by the Department of Homeland Security, FBI, Federal Aviation Administration and Department of Defense. Who is operating the drones? Speculation has raged online, with some expressing concerns that the drones could be part of a nefarious plot by foreign agents or clandestine operations by the U.S. government. Pentagon spokesperson Maj. Gen. Pat Ryder said it’s unlikely the drones are engaged in intelligence gathering, given how loud and bright they are. And he repeated Tuesday that the drones being reported are not being operated by the Department of Defense. Asked whether military contractors might be operating drones in the New Jersey area, Ryder rebuffed the notion, saying there are “no military operations, no military drone or experiment operations in this corridor.” Ryder said additional drone-detecting technology was being moved to some military installations, including the Picatinny Arsenal in New Jersey. Drone activity in the past week led to an hourlong closure of runways at New York’s Stewart International Airport, about 60 miles north of Manhattan, a four-hour closure of air space around Wright-Patterson Air Force Base near Dayton, Ohio, and the arrests of two men in Boston accused by police of flying a drone too close to Logan International Airport. Officials urge action against the drones Trump has said he believes the government knows more than it’s saying. “Let the public know, and now. Otherwise, shoot them down!!!” he posted on Truth Social. U.S. Sen. Andy Kim, a New Jersey Democrat, said he has heard nothing to support the notion that the government is hiding anything. He said a lack of faith in institutions is playing a key part in the saga. “Nothing that I’m seeing, nothing that I’ve engaged in gives me any impression of that nature. But like, I get it, some people won’t believe me, right? Because that’s the level of distrust that we face,” Kim said Monday. Democratic Sen. Richard Blumenthal of Connecticut last week called for the drones to be “shot down.” Contributing to this report were Associated Press writers Michael Casey in Boston; John Seewer in Toledo, Ohio; Dave Collins in Hartford, Connecticut; Tara Copp in Washington; and Bruce Schreiner in Shelbyville, Kentucky. The latest from MassLive
2024 Fourth Quarter Highlights– comparisons to the prior year quarter 2024 Fiscal Year Highlights - comparisons to prior year MIAMI , Dec. 18, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) , one of the nation's largest homebuilders, today reported results for its fourth quarter and fiscal year ended November 30, 2024 . Fourth quarter net earnings attributable to Lennar in 2024 were $1.1 billion , or $4.06 per diluted share, compared to $1.4 billion , or $4.82 per diluted share in the fourth quarter of 2023. Excluding mark-to-market gains on technology investments, fourth quarter net earnings attributable to Lennar in 2024 were $1.1 billion , or $4.03 per diluted share, compared to fourth quarter net earnings attributable to Lennar in 2023 of $1.5 billion , or $5.17 per diluted share, excluding mark-to-market losses on technology investments and other one-time items (collectively, "adjustments"). Net earnings attributable to Lennar for the year ended November 30, 2024 were $3.9 billion , or $14.31 per diluted share, compared to $3.9 billion , or $13.73 per diluted share for the year ended November 30, 2023 . Excluding adjustments, net earnings attributable to Lennar for the year ended November 30, 2024 were $3.8 billion , or $13.86 per diluted share, compared to $4.1 billion , or $14.25 per diluted share for the year ended November 30, 2023 . Stuart Miller , Executive Chairman and Co-Chief Executive Officer of Lennar, said, "In the course of our fourth quarter, the housing market that appeared to be improving as the Fed cut short-term interest rates, proved to be far more challenging as mortgage rates rose almost 100 basis points through the quarter. Even while demand remained strong, and the chronic supply shortage continued to drive the market, our results were driven by affordability limitations from higher interest rates." "Accordingly, in our fourth quarter, sales pace lagged expectations as interest rates climbed and our new orders fell short of expectations to 16,895 homes vs the low end of our guidance of 19,000 homes. Consistent with our strategy of matching sales pace with production, we adjusted sales price, incentives, and margin in order to re-ignite sales and actively manage inventory levels. We ended the quarter with two completed, unsold homes per community, which was within our historical range." "In the fourth quarter, earnings were $1.1 billion , or $4.06 per diluted share. We delivered 22,206 homes in the quarter and our average sales price, net of incentives, per home delivered was $430,000 in the fourth quarter, slightly down from last year. Our homebuilding gross margin in the fourth quarter was 22.1%, with SG&A expenses of 7.2%, resulting in a 14.9% net margin." "Driven by our consistent focus on cash flow, we constructively allocated capital while we continued to strengthen and fortify our balance sheet. During the quarter, we repurchased $521 million of our common stock, had no outstanding borrowings on our $2.9 billion revolving credit facility and cash of $4.7 billion , ending the quarter with homebuilding debt to total capital of 7.5%. With cash on hand exceeding our debt, and with overall liquidity of approximately $7.6 billion , our balance sheet remains extremely strong." "Against this backdrop, we continue to remain focused on our volume-based strategy of driving sales and cash flow while using margin as a shock absorber as we continue to migrate to an asset-light, land-light business model. This strategy is reflected in both the public filing of a registration statement on Form S-11 for the planned spin-off of Millrose Properties, Inc., as well as our previously announced acquisition of Rausch Coleman Homes as we focus on growing to drive affordability and fill the supply gap that is reflected in the marketplace." Jon Jaffe , Co-Chief Executive Officer and President of Lennar, said, "Operationally, our starts pace and sales pace were 4.6 homes and 4.2 homes per community in the fourth quarter, respectively, as we continue to move closer to an even flow operating model. Our cycle time was down to 138 days, or 14% lower year over year, as our production first focus has positively impacted our production times, while our inventory turn improved to 1.6 times reflecting broader efficiencies. Concurrently, the Lennar Marketing and Sales Machine continued to carefully match our sales pace to our production pace using our digital marketing and dynamic pricing models." "During the quarter, we continued the migration to our land light strategy. This was evidenced by our years supply of owned homesites improving to 1.1 years from 1.4 years last year and our controlled homesite percentage increasing to 82% from 76% year over year, resulting in a return on inventory of 29.2%." Mr. Miller concluded, "As we look ahead, we expect to deliver between 17,000 and 17,500 homes for the first quarter of 2025 and between 86,000 and 88,000 homes for the full year 2025, including the impact of the Rausch Coleman acquisition. While we remain optimistic that margins will normalize as affordability normalizes and our cost structure benefits from our volume, we expect our gross margin in the first quarter to be between 19.0% and 19.25%, and at this time, we will not guide to full year gross margin until we have a better sense of market conditions as the year unfolds." RESULTS OF OPERATIONS THREE MONTHS ENDED NOVEMBER 30, 2024 COMPARED TO THREE MONTHS ENDED NOVEMBER 30, 2023 Homebuilding Revenues from home sales decreased 9% in the fourth quarter of 2024 to $9.5 billion from $10.4 billion in the fourth quarter of 2023. Revenues were lower primarily due to a 7% decrease in the number of home deliveries and a 3% decrease in the average sales price of homes delivered. New home deliveries decreased to 22,206 homes in the fourth quarter of 2024 from 23,795 homes in the fourth quarter of 2023. The average sales price of homes delivered was $430,000 in the fourth quarter of 2024, compared to $441,000 in the fourth quarter of 2023. The decrease in average sales price of homes delivered in the fourth quarter of 2024 compared to the same period last year was primarily due to pricing to market through an increased use of incentives and product mix. Gross margins on home sales were $2.1 billion , or 22.1%, in the fourth quarter of 2024, compared to $2.5 billion, or 24.2%, in the fourth quarter of 2023. During the fourth quarter of 2024, gross margins decreased primarily because revenue per square foot decreased while land costs increased year over year, which was partially offset by a decrease in costs per square foot due to lower costs of materials as the Company continued to focus on construction cost savings. Selling, general and administrative expenses were $682 million in the fourth quarter of 2024, compared to $688 million in the fourth quarter of 2023. As a percentage of revenues from home sales, selling, general and administrative expenses increased to 7.2% in the fourth quarter of 2024, from 6.6% in the fourth quarter of 2023, primarily due to less leverage as a result of both lower volume and average sales price. Financial Services Operating earnings for the Financial Services segment were $154 million in the fourth quarter of 2024, compared to $168 million in the fourth quarter of 2023. The decrease in operating earnings was primarily due to lower profit per loan in the Company's mortgage business. Other Ancillary Businesses Operating loss for the Multifamily segment was $0.2 million in the fourth quarter of 2024, compared to operating loss of $12 million in the fourth quarter of 2023. Operating earnings for the Lennar Other segment were $0.5 million in the fourth quarter of 2024, compared to an operating loss of $125 million in the fourth quarter of 2023. The Lennar Other operating earnings for the fourth quarter of 2024 were primarily due to positive mark-to-market adjustments of $13 million on the Company's publicly traded technology investments, which was partially offset by other operating losses. The Lennar Other operating loss for the fourth quarter of 2023 was primarily due to negative mark-to-market adjustments of $36 million on the Company's publicly traded technology investments and a $65 million write-off of one of the Company's non-public technology investments. Tax Rate For the quarters ended November 30, 2024 and 2023, the Company had a tax provision of $358 million and $417 million , which resulted in an overall effective income tax rate of 24.6% and 23.4%, respectively. For both periods, the Company's effective income tax rate included state income tax expense and non-deductible executive compensation, partially offset by tax credits. The increase in the effective tax rate from the prior year for the three months ended November 30, 2024 was primarily due to additional state income tax expense. OTHER TRANSACTIONS Credit Facility In November 2024 , the Company amended and restated the credit agreement governing its unsecured revolving credit facility (the "Credit Facility") to, among other things, increase the lenders' commitments to $2.875 billion until May 2027 when this amount will be reduced to $2.650 billion until final maturity in November 2029 . As of November 30, 2024 , there were no outstanding borrowings under the Credit Facility. Share Repurchases During the fourth quarter of 2024, the Company repurchased 3 million shares of its common stock for $521 million at an average per share price of $173.79 . Liquidity At November 30, 2024, the Company had $4.7 billion of Homebuilding cash and cash equivalents and no outstanding borrowings under its $2.9 billion Credit Facility, thereby providing approximately $7.6 billion of available capacity. Guidance The following are the Company's expected results of its homebuilding and financial services activities: First Quarter 2025 New Orders 17,500 - 18,000 Deliveries 17,000 - 17,500 Average Sales Price $410,000 - $415,000 Gross Margin % on Home Sales 19.0% - 19.25% S,G&A as a % of Home Sales 8.7% - 8.8% Financial Services Operating Earnings $100 million - $110 million About Lennar Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States . Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN X drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com . Note Regarding Forward-Looking Statements: Some of the statements in this press release are "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the homebuilding market and other markets in which we participate, as well as our expected results and guidance. You can identify forward-looking statements by the fact that these statements do not relate strictly to historical or current matters. Rather, forward-looking statements relate to anticipated or expected events, activities, trends or results. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those anticipated by the forward-looking statements. We wish to caution readers not to place undue reliance on any forward-looking statements, which are expressly qualified in their entirety by this cautionary statement and speak only as of the date made. Important factors that could cause differences between anticipated and actual results include slowdowns in real estate markets in regions where we have significant Homebuilding or Multifamily development activities; decreased demand for our homes, or for Multifamily rental apartments or single family homes; the potential impact of inflation; the impact of increased cost of mortgage financing for homebuyers, increased or continued high interest rates or increased competition in the mortgage industry; supply shortages and increased costs related to construction materials, including lumber, and labor; the possibility that increased tariffs will increase the cost of production materials; cost increases related to real estate taxes and insurance; the effect of increased interest rates with regard to our funds' borrowings on the willingness of the funds to invest in new projects; reductions in the market value of our investments in public companies; natural disasters or catastrophic events for which our insurance may not provide adequate coverage; our inability to successfully execute our strategies and our planned spin-off on the timelines expected or at all; a decline in the value of the land and home inventories we maintain and resulting possible future writedowns of the carrying value of our real estate assets; the forfeiture of deposits related to land purchase options we decide not to exercise; the effects of public health issues such as a major epidemic or pandemic that could have a negative impact on the economy and on our businesses; possible unfavorable outcomes in legal proceedings; conditions in the capital, credit and financial markets; harm to our business from information technology failures and data security breaches; changes in laws, regulations or the regulatory environment affecting our business; policy changes that may be introduced by the new administration that could affect economic conditions, tax regimes and regulatory frameworks, and the other risks and uncertainties described in our filings from time to time with the Securities and Exchange Commission, including those included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Annual Report on Form 10-K filed on January 26, 2024 , as amended by our Annual Report on Form 10-K/A filed on April 25, 2024 , and Quarterly Reports on Form 10-Q. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. A conference call to discuss the Company's fourth quarter earnings will be held at 11:00 a.m. Eastern Time on Thursday , December 19, 2024. The call will be broadcast live on the internet and can be accessed through the Company's website at investors.lennar.com . If you are unable to participate in the conference call, the call will be archived at investors.lennar.com for 90 days. A replay of the conference call will also be available later that day by calling 203-369-0176 and entering 5723593 as the confirmation number. LENNAR CORPORATION AND SUBSIDIARIES Selected Revenues and Operating Information (In thousands, except per share amounts) (unaudited) Three Months Ended Years Ended November 30, November 30, 2024 2023 2024 2023 Revenues: Homebuilding $ 9,548,684 10,516,050 33,906,426 32,660,987 Financial Services 304,550 304,693 1,109,263 976,859 Multifamily 88,917 140,824 411,537 573,485 Lennar Other 4,737 6,616 14,226 22,035 Total revenues $ 9,946,888 10,968,183 35,441,452 34,233,366 Homebuilding operating earnings $ 1,495,383 1,912,639 5,342,252 5,527,707 Financial Services operating earnings 154,476 169,130 577,184 509,461 Multifamily operating earnings (loss) (160) (12,155) 42,635 (50,651) Lennar Other operating earnings (loss) 450 (125,414) (47,967) (209,788) Corporate general and administrative expenses (170,011) (136,336) (648,986) (501,338) Charitable foundation contribution (22,206) (23,795) (80,210) (73,087) Earnings before income taxes 1,457,932 1,784,069 5,184,908 5,202,304 Provision for income taxes (358,058) (416,780) (1,217,253) (1,241,013) Net earnings (including net earnings attributable to noncontrolling interests) 1,099,874 1,367,289 3,967,655 3,961,291 Less: Net earnings attributable to noncontrolling interests 3,660 6,002 35,122 22,780 Net earnings attributable to Lennar $ 1,096,214 1,361,287 3,932,533 3,938,511 Basic and diluted average shares outstanding 267,262 279,438 272,019 283,319 Basic and diluted earnings per share $ 4.06 4.82 14.31 13.73 Supplemental information: Interest incurred (1) $ 29,254 41,434 129,310 187,640 EBIT (2): Net earnings attributable to Lennar $ 1,096,214 1,361,287 3,932,533 3,938,511 Provision for income taxes 358,058 416,780 1,217,253 1,241,013 Interest expense included in: Costs of homes sold 39,513 69,859 160,848 240,871 Costs of land sold 29 156 373 1,588 Homebuilding other income, net 4,472 4,525 18,771 15,434 Total interest expense 44,014 74,540 179,992 257,893 EBIT $ 1,498,286 1,852,607 5,329,778 5,437,417 (1) Amount represents interest incurred related to Homebuilding debt. (2) EBIT is a non-GAAP financial measure defined as earnings before interest and taxes. This financial measure has been presented because the Company finds it important and useful in evaluating its performance and believes that it helps readers of the Company's financial statements compare its operations with those of its competitors. Although management finds EBIT to be an important measure in conducting and evaluating the Company's operations, this measure has limitations as an analytical tool as it is not reflective of the actual profitability generated by the Company during the period. Management compensates for the limitations of using EBIT by using this non-GAAP measure only to supplement the Company's GAAP results. Due to the limitations discussed, EBIT should not be viewed in isolation, as it is not a substitute for GAAP measures. LENNAR CORPORATION AND SUBSIDIARIES Segment Information (In thousands) (unaudited) Three Months Ended Years Ended November 30, November 30, 2024 2023 2024 2023 Homebuilding revenues: Sales of homes $ 9,500,991 10,442,850 33,778,149 32,459,129 Sales of land 39,568 63,501 93,384 109,963 Other homebuilding 8,125 9,699 34,893 91,895 Total revenues 9,548,684 10,516,050 33,906,426 32,660,987 Homebuilding costs and expenses: Costs of homes sold 7,400,266 7,919,724 26,255,353 24,900,470 Costs of land sold 30,162 39,413 73,802 92,142 Selling, general and administrative 682,003 687,774 2,480,309 2,231,033 Total costs and expenses 8,112,431 8,646,911 28,809,464 27,223,645 Homebuilding net margins 1,436,253 1,869,139 5,096,962 5,437,342 Homebuilding equity in earnings (loss) from unconsolidated entities 12,410 9,223 66,448 (3,886) Homebuilding other income, net 46,720 34,277 178,842 94,251 Homebuilding operating earnings $ 1,495,383 1,912,639 5,342,252 5,527,707 Financial Services revenues $ 304,550 304,693 1,109,263 976,859 Financial Services costs and expenses 150,074 135,563 532,079
MONTREAL — Montreal Canadiens defenceman Mike Matheson was not available for Tuesday's game against the Utah Hockey Club due to a lower-body injury. The Canadiens announced his injury half an hour before puck drop. Jayden Struble took his place in the lineup as Montreal (7-11-2) faced Utah (8-10-3) for the first time. Matheson participated in the morning skate but missed practice on Monday. The 30-year-old from nearby Pointe-Claire, Que., leads all Montreal blueliners with 13 points (one goal, 12 assists) in 20 games as the lone defenceman on the team's top power-play unit. Struble has one goal and three assists in 15 games this season. This report by The Canadian Press was first published Nov. 26, 2024. The Canadian PressLOS ANGELES (AP) — The Los Angeles Rams keep doing just enough to win, and a team that appeared to be rebuilding this season has climbed all the way to the brink of another playoff berth. The Rams improved to 9-6 and took control of the NFC West on Sunday with their fourth straight victory since Thanksgiving. Their 19-9 win over the New York Jets in sub-freezing temperatures was not dominant — they trailed 9-6 entering the fourth quarter, and they were outgained by nearly 100 yards — but Los Angeles still matched its largest margin of victory this season and continued to look like a looming nightmare for any postseason opponent. The Rams have now won eight of 10 since their bye week, when they were 1-4 and the NFL world wondered whether they would trade Super Bowl MVP receiver Cooper Kupp or even quarterback Matthew Stafford to spur their roster reboot. Los Angeles decided not to punt its season, and Sean McVay's team has driven from last to first. “You don’t want to ride the emotional roller coaster that these games can take you on,” McVay said Monday. “You do have the ability to stay steady, to stay the course and try to right the ship. Certainly that’s not complete by any stretch, but our guys have done an excellent job of not allowing the way that we started, especially in those first five games, to affect what we did coming off that bye.” The Rams also have clinched their seventh winning record in eight regular seasons under McVay — an achievement that shouldn’t get lost in the recent successes of a franchise that had 13 consecutive non-winning seasons before it rolled the dice and hired a 30-year-old head coach back in 2017. After winning it all in February 2022 and then having the worst season by a defending Super Bowl champion in NFL history, the Rams have made the most of their time in between true powerhouse status and a major rebuild. They also started slowly last year, entering their bye at 3-6 before a 7-1 finish. The Rams can become the first team in NFL history to make back-to-back postseason appearances after being three games under .500 each year. These Rams don't stand out on either side of the ball, although their talent level appears to be higher on offense than defense. Instead, they've mastered a delicate balance of complementary football — the offense and defense covering each other's weaknesses and setting up their teammates for success. The Rams have scored more than 30 points just once all season, and they managed only 31 points in their last two games combined. Their defense has allowed only one touchdown in the past two games — but right before that, Josh Allen and the Bills racked up 42 points and 445 yards in the most recent of a few defensive stinkers from LA this season. The Rams keep winning anyway, and now they can clinch McVay's fourth NFC West title by beating Seattle in two weeks. “Fortunately, we’re in a position where you don’t necessarily have to rely on other things to happen if you just handle your business,” McVay said. Kyren Williams and the offensive line are driving the Rams' offense. After a slow start caused partly by McVay being forced to abandon the running game when the Rams repeatedly fell behind early, the 2023 Pro Bowler has surged to career highs of 1,243 yards and 13 rushing touchdowns with his 122-yard performance in New York. Stafford's 110 yards passing were his fewest with the Rams and the second-fewest in his 16-year career from a full game. Sunday's weather was a major factor, but the Rams must throw the ball effectively to somebody other than Puka Nacua. Kupp has just 193 yards receiving in his past five games combined. Defensive back Jaylen McCollough made a career-high nine tackles in only 31 snaps. The undrafted rookie continues to be a remarkable find, earning playing time alongside veteran safeties Quentin Lake and Kam Curl and fellow rookie Kam Kinchens. CB Cobie Durant didn't play for the second straight week despite being cleared to return from his bruised lung. Veteran Ahkello Witherspoon got every snap in place of Durant, who started LA's first 13 games. McVay praised Witherspoon's recent play when asked why Durant didn't get on the field in New Jersey. The Rams' improved health, particularly on both lines, is the key to their surge. McVay reported no new injuries out of the road trip following Tyler Higbee's successful season debut. 12-1 — The Rams’ record in December with Stafford as their starter over his four years in LA. The Rams need to win at least one of their final two games to wrap up their first NFC West crown since 2021. They host eliminated Arizona on Saturday night, but can't clinch the division unless the Seahawks lose to moribund Chicago. The Rams are currently the NFC's third seed, but that doesn't matter a whole lot because both the third and fourth seeds will have to play one of the NFC North's two powerful wild-card teams in the opening round. 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Tweet Facebook Mail On November 8, Hawaii woman Hannah Kobayashi boarded a flight from Maui to New York City, with a short layover in Los Angeles. But after missing her connecting flight, Hannah vanished. There were a few brief sightings of the 31-year-old in LA and family members have received concerning, out-of-character texts from her phone, but weeks later Hannah remains missing. READ MORE: Lurking weather system could become Australia's first tropical cyclone of the season Hannah Kobayashi is missing in the USA. (Nine) Now the body of her father, Ryan Kobayashi, has been found in LA after he spent almost two weeks desperately searching for his daughter. Here's everything you need to know about Hannah's disappearance and the timeline of events since. November 8 Hannah flew from Maui to Los Angeles, landing at Los Angeles International Airport (LAX) at 9.53pm local time. She was seen on surveillance footage exiting the aircraft in a black hoodie and colourful leggings but never made it onto her connecting flight to New York City. Her family said she missed it due to a tight 42-minute layover and was put on standby for a new flight. Her sister Sydni Kobayashi told CNN that Hannah had the same itinerary as an ex-boyfriend but they intended to part ways in New York City. READ MORE: Keeping cool is Cass' 'full time job' as heatwave puts the health of 122,000 Aussies at risk November 9 The following day, Hannah was seen at The Grove, a popular shopping mall in downtown LA. Her family said she spent time at a bookstore there. Hannah's aunt, Larie Pidgeon, told Fox News that her niece spent an hour and a half charging her phone at a Taschen bookstore and filled out a mailing list. "It's in her handwriting," she told the outlet on November 21. Sydni told CNN that Hannah also sent Venmo payments to two people that day. Hannah's family did not recognise the individuals' names. November 10 Hannah returned to the mall the following day and was visible in the background of footage from an event hosted at the Nike store there. She also posted a photo from the event on Instagram with a single emoji of a speech bubble showing an eye inside as the caption. The last photo Hannah Kobayashi shared to her Instagram account before her disappearance. (Instagram/Hannah Kobayashi) November 11 Three days after Hannah landed in LA, her family and friends began receiving concerning texts from her phone. In the messages, Hannah said she felt unsafe and claimed that someone was trying to steal her money and identity, according to her family. "I got tricked pretty much into giving away all my funds," one text to a friend read, followed by a second saying, "For someone I thought I loved." Another text sent to her aunt reportedly said: "I just finished a very intense spiritual awakening." READ MORE: Sydney man charged with running over, torturing kangaroos The texts used language that seemed out of character, according to Hannah's family, and were devoid of the emojis Hannah typically used. "It's weird to me because it doesn't sound like her, like there's just something off about it ... I don't know if it's her or if someone else was texting." Hannah Kobayashi's phone last pinged at LAX on November 11. (Courtesy Sydni Kobayashi via CNN Newsource) Hannah was reportedly seen at LAX that same day, where Pidgeon said she spoke with an American Airlines ticketing agent in the hopes of getting a direct flight to New York City. The family later shared that they also sighted surveillance footage that placed Hannah at the Pico Metro Station near the airport just after 10pm that night. She reportedly left the station with an unidentified person and the family claim she did "not appear to be in good condition". Hannah's phone last pinged at LAX on November 11 and has been turned off ever since. November 12 Four days after Hannah touched down in LA, her family filed a missing person report with the Los Angeles Police Department. A social media campaign was launched and police petitioned the public for any information about her whereabouts. A post shared online described the 31-year-old as having brown hair and hazel eyes, freckles on her face and a tattoo of a knife on her arm. She's 5'10" (177cm) and weighs 140lbs (63kg). November 24 Hannah's father was found dead on Sunday, November 24, after almost two weeks spent searching the city for his missing daughter. LAPD confirmed his body was discovered in a carpark at a business near LAX around 4am local time. The suspected cause of death was not made public. Ryan Kobayashi, centre, during an interview before his death. (CNN via CNN Newsource) "I wasn't too close with her ... growing up. We haven't had contact for a while," he had told CNN days before his death. "I'm just trying to make up. I'm trying to get her back. "That's my main focus." Pidgeon told CNN the family was devastated by Ryan's death and said: "We also want to make it clear that Ryan died of a broken heart." DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .
Rajasthan Bypoll Battle: A Close Contest Among Major PlayersEAST RUTHERFORD, N.J. (AP) — The New York Giants organization got exactly what it deserved in getting blown out by Baker Mayfield and the Tampa Bay Buccaneers. Read this article for free: Already have an account? To continue reading, please subscribe: * EAST RUTHERFORD, N.J. (AP) — The New York Giants organization got exactly what it deserved in getting blown out by Baker Mayfield and the Tampa Bay Buccaneers. Read unlimited articles for free today: Already have an account? EAST RUTHERFORD, N.J. (AP) — The New York Giants organization got exactly what it deserved in getting blown out by Baker Mayfield and the Tampa Bay Buccaneers. The Giants were embarrassed in Sunday’s 30-7 loss, taunted by Mayfield after a touchdown run just before halftime. And then they saw their fans walk out on them again when the Bucs extended their lead to 30-0 and sent New York (2-9) to its sixth straight loss. The losing streak is the longest for the Giants since 2019, when they dropped a franchise-record nine straight games to finish 4-12. That led to the firing of coach Pat Shurmur after two seasons. Third-year coach Brian Daboll is clearly in trouble, with the Giants guaranteed a second straight losing season. They were 6-11 in a 2023 season that featured a lot of injuries. Daboll, who denies he has lost the team, isn’t the only one whose job is in jeopardy. General manager Joe Schoen is on the hot seat and so is this entire franchise, which is celebrating its 100th year. It’s one thing to lose. It’s quite another to give up, and that’s what the organization did when it decided to bench Daniel Jones a week ago and then release him on Friday after the 27-year-old asked co-owner John Mara to let him walk away. While he wasn’t playing well, Jones was the Giants’ best quarterback. He gave them more a of chance to win than either Tommy DeVito or Drew Lock. Removing him from the picture was all but certain to make the Giants worse, even if it was a good business decision. If Jones was hurt and unable the pass his physical before the 2025 season, the team would have been on the hook for a $23 million cap hit. The problem is the players care about now. By getting rid of Jones and elevating DeVito to the starting role, the front office was telling the team it didn’t care about winning with seven games left in the season. So the players gave a lackluster effort. Defensive tackle Dexter Lawrence called the team soft. Rookie receiver Malik Nabers said he was sick of losing. Left tackle Jermaine Eluemunor said he saw a lack of effort by some players. What they all were saying was they were angry at being betrayed. Money is never more important than winning, and the Giants made that mistake. What’s working At this point in the season? Nothing. What needs help The offense once again. The Giants have scored a league-low 163 points, including only 60 in six games at MetLife Stadium, where they are winless this season. They have scored in double figures at home twice. Daboll’s team has been held scoreless in the first half in three of 11 games and it has been held without a first-half touchdown seven times. Daboll said he will continue to call the offensive plays. Stock up S Tyler Nubin. The rookie has had a team-high 12 tackles in each of the last two games. His 81 tackles for the season are just two behind team leader Bobby Okereke. Stock down RB Tyrone Tracy. The rookie leads Giants running backs with 587 yards on 116 carries — a 5.1-yard average for the fifth-round pick. But holding onto the ball has been a big issue. Tracy’s fumble in overtime cost New York a chance to win in Germany against Carolina. He also lost the ball in the third quarter at the Bucs 5-yard line with New York down 23-0. It earned him a seat on the bench. Injuries LT Jermaine Eluemunor (quad) and OLB Azeez Ojulari (toe) left Sunday’s game in the first quarter. Chris Hubbard filled in at tackle and the Giants luckily got back DL Kayvon Thibodeaux this past week after he missed five games with a broken wrist. DeVito was banged up but Daboll expects him to start against the Cowboys. Key numbers Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. 10 — The Giants have gone 10 consecutive games without an interception, tying the NFL record held by the 1976-77 San Francisco 49ers and the 2017 Oakland — now Las Vegas — Raiders. The Giants and Raiders now share the single-season mark. What’s next A national showcase on Thanksgiving Day for the NFC-worst Giants at Dallas. ___ AP NFL: https://apnews.com/hub/NFL Advertisement Advertisement