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Diplomatic tensions have flared between Haiti and France after Haitian authorities summoned the French ambassador to discuss comments made by President Emmanuel Macron. The French leader's remarks, made during his return from the G20 summit in Brazil, criticized the Haitian transitional presidential council's decision to dismiss the prime minister, labeling it as 'completely dumb.' Macron's comments, which blamed Haitians for the nation's challenges due to drug trafficking and praised former Prime Minister Garry Conille, have ignited a wave of outrage in Haiti. The island nation, a former French colony, declared independence in 1804 after paying a century-long debt to France, a sum activists now argue has contributed to Haiti's enduring economic woes. In response to the burgeoning controversy, France has reaffirmed its commitment to Haiti by pledging funds through a U.N. mission to restore security. Additionally, France plans to support language education for troops and has guaranteed its support in helping Haiti conduct future elections. (With inputs from agencies.)LONDON & NEW YORK--(BUSINESS WIRE)--Dec 23, 2024-- Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241223436920/en/ Vertical Aerospace's VX4 prototype, which is currently under going piloted flight tests at its Flight Test Centre. (Photo: Business Wire) Today’s announcement marks the significant advancement of the agreement in principle, announced in November , aimed at strengthening Vertical’s balance sheet by approximately $180 million and accelerating the Company’s Flightpath 2030 strategy . Stuart Simpson, CEO at Vertical, said: “Ending this momentous year with a finalised funding commitment and strong shareholder backing is a tremendous milestone. This moment sets us up perfectly for our biggest year yet - with new investment, piloted testing progress and major technological developments all on the cards." Jason Mudrick, Founder and Chief Investment Officer at Mudrick Capital Management, said: “Vertical is revolutionizing how the world moves, and we are proud to play a pivotal role in positioning the company for success. We look forward to continuing to partner with Vertical’s exceptional team and contributing capital market and other expertise in helping to bring their groundbreaking product offering to reality.” Today’s announcement includes: Notes to Editors About Vertical Aerospace Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner and quieter way to travel. Vertical’s VX4 is a piloted, four passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical combines partnering with leading aerospace companies, including GKN Aerospace, Honeywell and Leonardo, with developing its own proprietary battery and propeller technology to develop the world’s most advanced and safest eVTOL. Vertical has c.1,500 pre-orders of the VX4, with customers across four continents, including American Airlines, Japan Airlines, GOL and Bristow. Headquartered in Bristol, the epicentre of the UK’s aerospace industry, Vertical was founded in 2016 by Stephen Fitzpatrick, founder of the OVO Group, Europe’s largest independent energy retailer. Vertical’s experienced leadership team comes from top tier automotive and aerospace companies such as Rolls-Royce, Airbus, GM and Leonardo. Together they have previously certified and supported over 30 different civil and military aircraft and propulsion systems. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding completion of the committed funding from Mudrick Capital and use of proceeds therefrom, the sufficiency of the proceeds from the committed funding to meet the Company’s more immediate capital expenditure requirements, the Company’s satisfaction of all closing conditions to the committed funding, our ability and plans to raise additional capital to fund our operations, statements regarding the design and manufacture of the VX4, our future results of operations and financial position and expected financial performance and operational performance, liquidity, growth and profitability strategies, business strategy and plans and objectives of management for future operations, including the building and testing of our prototype aircrafts on timelines projected, selection of suppliers, certification and the commercialization of the VX4 and our ability to achieve regulatory certification of our aircraft product on any particular timeline or at all, our plans to mitigate the risk that we are unable to continue as a going concern, our plans for capital expenditures, the expectations surrounding pre-orders and commitments, the features and capabilities of the VX4, the transition towards a net-zero emissions economy, as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate,” “will,” “aim,” “potential,” “continue,” “are likely to” and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: our limited operating history without manufactured non-prototype aircraft or completed eVTOL aircraft customer order; our potential inability to raise additional funds when we need or want them, or at all, to fund our operations; our limited cash and cash equivalents and recurring losses from our operations raise significant doubt (or raise substantial doubt as contemplated by PCAOB standards) regarding our ability to continue as a going concern; our potential inability to produce or launch aircraft in the volumes or timelines projected; the potential inability to obtain the necessary certifications for production and operation within any projected timeline, or at all; the inability for our aircraft to perform at the level we expect and may have potential defects; our history of losses and the expectation to incur significant expenses and continuing losses for the foreseeable future; the market for eVTOL aircraft being in a relatively early stage; any accidents or incidents involving eVTOL aircraft could harm our business; our dependence on partners and suppliers for the components in our aircraft and for operational needs; the potential that certain strategic partnerships may not materialize into long-term partnership arrangements; all of the pre-orders received are conditional and may be terminated at any time and any predelivery payments may be fully refundable upon certain specified dates; any circumstances; any potential failure to effectively manage our growth; our inability to recruit and retain senior management and other highly skilled personnel; we have previously identified material weaknesses in our internal controls over financial reporting which if we fail to properly remediate, could adversely affect our results of operations, investor confidence in us and the market price of our ordinary shares; as a foreign private issuer we follow certain home country corporate governance rules, are not subject to U.S. proxy rules and are subject to Exchange Act reporting obligations that, to some extent, are more lenient and less frequent than those of a U.S. domestic public company; and the other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2024, as such factors may be updated from time to time in our other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223436920/en/ CONTACT: Justin Bates, Head of Communications justin.bates@vertical-aerospace.com +44 7878 357 463 Samuel Emden, Head of Investor Affairs samuel.emden@vertical-aerospace.com +44 7816 459 904 KEYWORD: NEW YORK EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA INDUSTRY KEYWORD: ENGINEERING AIR TRANSPORT MANUFACTURING SOURCE: Vertical Aerospace Ltd. Copyright Business Wire 2024. PUB: 12/23/2024 04:37 PM/DISC: 12/23/2024 04:37 PM http://www.businesswire.com/news/home/20241223436920/en
Gettman kicks go-ahead FG as Villanova ends Delaware's FCS-era with a 38-28 win in finaleHow the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Gains by retailers and health care stocks helped temper the losses. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell in the bond market. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen have targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said the bombardment on Thursday took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the international airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea FRANKFURT, Germany (AP) — Finnish police say authorities detained a ship linked to neighboring Russia as they investigate whether it damaged a Baltic Sea power cable and several data cables. It was the latest incident involving disruption of key infrastructure. Police and border guards boarded the Eagle S and took control as they investigate damage to the Estlink-2 undersea power cable. The cable brings electricity from Finland to Estonia across the Baltic Sea. The cable went down on Wednesday. The incident follows damage to two data cables and the Nord Stream gas pipelines. Both have been termed sabotage. Russian ship that sank in the Mediterranean was attacked, owner says MOSCOW (AP) — The Russian operator of a cargo ship that sank in the Mediterranean Sea between Spain and Algeria says it has been hit by a series of explosions in an act of sabotage. Oboronlogistica is a state-controlled company that operated the Ursa Major freighter. The company said the vessel was wrecked by three powerful explosions just above the water line in what it described as a “terrorist attack” that caused it to sink on Monday. The company said in a statement carried by Russia’s state RIA Novosti news agency on Thursday that the explosions left a hole in the ship’s starboard and filled the engine room with acrid smoke. That hampered the crew’s attempts to access it. Undersea power cable linking Finland and Estonia hit by outage, prompting investigation FRANKFURT, Germany (AP) — Finland’s prime minister says authorities are investigating an interruption in a power cable under the Baltic Sea between his country and Estonia. Petteri Orpo said on X that power transmission through the Estlink-2 cable suffered an outage Wednesday. Authorities have been on edge about undersea infrastructure in the Baltic after two international data cables were severed in November and the Nord Stream gas pipelines between Russia and Germany were blown up in September 2022. Japan to maximize nuclear power in clean-energy push as electricity demand grows TOKYO (AP) — A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of Japanese electricity needs by 2040. It also recommends maximizing the use of nuclear power to accommodate the growing demand for power in the era of AI while meeting decarbonization targets. Cabinet is expected to formally approve the plan by March following a period of public consultation. The policy says nuclear energy should account for 20% of Japan’s energy supply in 2040, with renewables expanded to 40-50% and coal-fired power reduced to 30-40%. Working Well: Returning to the office can disrupt life. Here are some tips to navigate the changes NEW YORK (AP) — Thousands of workers are facing an unsettling reality heading into 2025. After years of working from the comfort of home, they're being told it’s time to return to the office full-time for the first time since the coronavirus pandemic. That can bring a host of challenges, including losing time with family. Workers at Amazon, AT&T and other companies have been called back to the office five days a week. Experts have advice to share about how to navigate the changes when an employer calls you back to the office. Workers can convey what they need, seek flexibility and if all else fails, consider other options. US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high WASHINGTON (AP) — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. The US Labor Department reported Thursday that jobless claim applications ticked down by 1,000 to 219,000 for the week of Dec. 21. That’s fewer than the 223,000 analysts forecast. Continuing claims, the total number of Americans collecting jobless benefits, climbed by 46,000 to 1.91 million for the week of Dec. 14. That’s more than analysts projected and the most since the week of Nov. 13, 2021. Weekly applications for jobless benefits are considered representative of U.S. layoffs.
NoneMy job is welcoming members to lounge. "Are you new here," customers often ask. "No," I'll reply. "I've checked you in many times before." They can't believe that I'm the same person I was 11 months ago. It's all because I've lost 109 pounds in weight after a non-surgical procedure to lessen the size of my stomach. My portion sizes are about a quarter of what they used to be. I feel full after eating much smaller amounts. My new figure has given me a lot of confidence and a new lease in life. I tried every diet in existence My weight has been up and down my whole life. I started dieting at 9. It was triggered by an unkind comment from a boy up and down a hill. "Wow, you're fat and you can rollerblade?" he said. I went home and looked in the mirror. In my mind, I saw a large person staring back at me. I regretted raiding the fridge for pizza and eating sugary cereal with sweet, condensed milk. But I couldn't stop myself as an emotional eater. As I got older, I realized I could get through a $4,000 calorie meal and remain hungry. Over the years, I tried every diet under the sun such as Keto or only eating pineapple or eggs. In my 20s, I lost 60 pounds but regained it within months with an extra 20 pounds on top. I suffered aches and pains, despite my young age. My back hurt. Everything hurt. I had to slide out of bed because I was too heavy to pull myself up. Then, last year, at 244 pounds — far to heavy for my 5ft 6in frame — I was . It was a shock. "I either have to change my ways, or this disease will kill me," I thought. I looked for solutions on the Internet. I chance upon the , which cost me $11,000. It was approved by the FDA in 2022. The weight came off quickly The procedure is an hour-long endoscopic techniques that shrinks the stomach by 70%, causing the reduced capacity to take food. The experts told me it alters gut hormone signaling, leading to reduced appetite and increased feelings of fullness. I took one day off work and . I lost exactly 45 pounds in 45 days. Then I graduated to protein shakes and regular food, including raw, vegan meals. I make sure to drink at least a gallon of water a day. The weight came off quickly. I now weigh 135 pounds. I went from a size 18 to a size 0 and had to buy a new wardrobe. Best of all, my bloodwork showed I was no longer pre-diabetic. My confidence is much better. I have a good social life. I can swim and rollerblade again. I'm happier than I've ever been since that boy's thoughtless comment in 1991. Read the original article onSAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the Year, a Fortune 40 Under 40, Women Health Care Executives' Woman of the Year, and a Henry Crown Fellow of the Aspen Institute. Sarafan holds an M.S. in Management Science and Engineering and a B.S. in Science, Technology, and Society from Stanford University. “We look forward to welcoming Lily as an independent member of the Board. Her extensive leadership experience, particularly in home services and on-demand delivery, will be invaluable as Serve continues to expand our market presence and shape the future of delivery and automation,” said Ali Kashani, Chairman of Serve’s Board . About Serve Robotics Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For further information about Serve Robotics (Nasdaq:SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter) , Instagram , or LinkedIn @serverobotics. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contacts Media Aduke Thelwell, Head of Communications & Investor Relations Serve Robotics press@serverobotics.com Investor Relations investor.relations@serverobotics.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bdd098f8-8c80-462f-bc1b-c1f2095ed307
UJA Federation unveils state-of-the-art facility to combat poverty in BrooklynNo. 25 won over with a last-second touchdown in Piscataway, New Jersey on Saturday. Down 31-30, the Illini faced a fourth-and-13 with 14 seconds remaining in the game and were ready to attempt a go-ahead field goal from 58 yards. Rutgers coach Greg Schiano then called timeout to try and ice kicker . Moczulski actually kicked the ball wide left and approximately 15 yards short, but the attempt was negated by the timeout. After seeing how the kick went and given a chance to reconsider, Illinois coach Bret Bielema decided against the field goal try and opted to go for a first down. That choice ended up working out even better than Bielema could've imagined. PAT BRYANT SCORES THE GAME-WINNING TD ON 4TH DOWN! 😱 — NBC Sports (@NBCSports) Illinois quarterback connected with Pat Bryant for a first down and much more. Bryant avoided several Rutgers defenders and sprinted to the right corner of the end zone for a touchdown with four seconds remaining. The Illini failed on a two-point conversion attempt. Yet they got those two points anyway when Rutgers lateraled the ball out of bounds in the end zone on the ensuing kickoff. Some more angles of the Pat Bryant game-winning TD for 🎥 on Peacock 📺 — Big Ten Network (@BigTenNetwork) Altmyer passed for 249 yards and two touchdowns on 12-for-26 passing. He also rushed for 74 yards and a score. rushed for an additional 58 yards and a TD on 13 carries. Bryant finished with seven receptions for 197 yards and a touchdown he'll never forget. Rutgers QB also passed for two TDs with 174 yards on 18-for-36 passing, while also rushing for 84 yards and two scores on 13 carries. led the Scarlet Knights with 122 yards rushing on 28 carries. caught six balls for 66 yards and a TD. Illinois improved to 8-3 overall with the victory and is tied with for at 5-3. Rutgers dropped to 6-5 (3-5 in Big Ten) with the defeat.
QS Energy Announces Milestones in Global Sales Activity and Strategic Partnerships as 2024 Closes
Gettman kicks go-ahead FG as Villanova ends Delaware's FCS-era with a 38-28 win in finaleMaharashtra mandate against ‘divisive forces’, for the spirit of ek hai toh safe hai: Modi
Andy Murray has made the shock decision to coach his long-time rival Novak Djokovic during the Australian Open. Murray – who retired after the summer Olympics at the age of 37 after finally admitting defeat in his battle against his body – will join the Serbian’s team in the off-season and coach him through the opening grand slam of 2025. It will see the Scot surprisingly join forces with the man who was his biggest nemesis during his long career, especially in Australia where he lost to Djokovic in four finals. Murray, who beat Djokovic to win the US Open in 2012 and Wimbledon in 2013, says he wants to help the 24-time grand slam champion achieve his goals. He never liked retirement anyway. 🙌 — Novak Djokovic (@DjokerNole) “I’m going to be joining Novak’s team in the off-season, helping him to prepare for the Australian Open, he said. “I’m really excited for it and looking forward to spending time on the same side of the net as Novak for a change, helping him to achieve his goals.” Djokovic, a week younger than his new coach, added: “I am excited to have one of my greatest rivals on the same side of the net, as my coach. “Looking forward to start of the season and competing in Australia alongside Andy with whom I have shared many exceptional moments on the Australian soil.” In posting a teaser about the appointment on social media, Djokovic said: “He never liked retirement anyway.” He then added: “We played each other since we were boys, 25 years of pushing each other to our limits. We had some of the most epic battles in in our sport. They called us gamechangers, risk takers, history makers. “I thought our story may be over. Turns out it has one final chapter. It’s time for one of my toughest opponents to step into my corner. Welcome aboard coach, Andy Murray.” Djokovic beat Murray in the 2011, 2013, 2015 and 2016 Australian Open finals while also losing in the French Open final in 2016. It was his pursuit of toppling Djokovic at the top of the rankings in 2016 which was a precursor to his 2017 hip injury which derailed Murray’s career. Djokovic, who split with coach Goran Ivanisevic earlier this year, hopes that adding Murray to his team will help him get back to the top of the game as he went through a calendar year without winning a grand slam for the first time since 2017. Jannik Sinner and Carlos Alcaraz have developed a stranglehold at the top of the men’s game and Djokovic, who has seen Murray, Roger Federer and Rafael Nadal all retire in recent years, is still hoping to move clear of the record 24 grand slams he shares with Margaret Court.None
Poulakidas' 22 help Yale beat Fairfield 91-66