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Boeing has resumed production on the 737 MAX after a nearly three-month stoppage due to a lengthy labor strike in the Seattle region. The company's Renton factory resumed production on the 737 MAX on Friday, Boeing said. Its Everett facility, where the 767, 777 and 777X are produced, will resume operations in the coming days. The two plants were shuttered for more than seven weeks after some 33,000 workers with the International Association of Machinists and Aerospace Workers (IAM) District 751 voted down an initial contract offer in September. On November 4, workers ratified a revised proposal, setting the stage for a resumption of work. Boeing said it has been working "methodically" to ensure a safe restoration of activity. US air safety regulators have stepped up oversight of the company following several incidents, including a mid-flight Alaska Airlines panel blowout that required an emergency landing in January. "Over the last several weeks, we dedicated time toward training and certifications, ensuring parts and tools are ready and completing work on airplanes in inventory to prepare to resume production at pre-stoppage rates," Boeing said. The statement came as Boeing disclosed that it made 13 new plane deliveries in November, including nine MAX jets produced before the strike. But Boeing's deliveries have lagged its historic trend, pinching revenues. Boeing has delivered just 318 jets in all through the first 11 months of the year. In 2023, it delivered 528 planes. In 2018, Boeing delivered 806 planes. Boeing's travails have dented its financial outlook, resulting in the company raising more than $20 billion in new stock offerings this fall and trimming its workforce by 10 percent. In recent weeks Boeing notified 4,700 US workers that they will be laid off, including nearly 2,600 in the Seattle region, according to figures compiled by AFP.Is Your PC Ready? Discover This Stunning Indiana Jones Game
Country superstar LeAnn Rimes brings her “Joy: The Holiday Tour” to Table Mountain Casino on Wednesday. It’ll be an acoustic performance. Rimes has sold more than 48 million units globally. Her career defining hit “How Do I Live” holds the record as Billboard’s Hot 100 all-time No. 1 hit by a female artist and ranks No. 6 on Billboard’s “Greatest of All Time: Hot 100 Songs” list. She has released two Christmas albums. Expect her to perform renditions of holiday classic tunes and possibly some originals. Her version of “Rockin’ Around the Christmas Tree” is a popular choice on holiday radio every year. Get your tickets . . Related Story: 95th Annual Fresno Christmas Parade The 95th Annual Downtown Fresno Christmas Parade will sleigh ride through Fulton Street from Inyo to Calaveras on Saturday. The theme this year is Under the Tree, showcasing all of the gifts, toys, games, and more that add fun to the season. Enjoy the floats, music, performances, and holiday cheer. The Downtown Fresno Ice Rink returns for those looking to do some Christmas skating. After the parade, there will be vendor booths, photos with Santa and more. The fun begins at 11 a.m. For more information click . Related Story: Central California Ballet’s The Nutcracker Ballet The Lively Arts Foundation Presents: Central California Ballet—The Nutcracker at Saroyan Theatre on Saturday and Sunday. It has been recognized in Dance Magazine for its resurrection of the vengeful Mouse Queen from E.T.A. Hoffmann’s original Nutcracker fairy tale. This year’s guest artists are Sava Milojevic from Serbia and Melissa Chapski from Massachusetts. The performers will dance to Tchaikovsky’s endearing music. The foundation promises pageantry and holiday delight. Get your tickets . Jingle Bell Run Dash through Christmas Tree Lane for the Jingle Bell Run for Toys for Tots on Saturday. There’s a 5k run, 2 mile walk, and a virtual run. It’s the last race in the CLASSIC Holiday Run Series. Participants will receive a Christmas themed sweatshirt, jingle bells, a Santa hat, age group awards, Christmas Goodies, and a medallion. They’ll play Christmas music on a decorated course where snowflakes will fall at the finish-line. Get your tickets . Candlelight: The Best of Hans Zimmer Candlelight’s The Best of Hans Zimmer comes to The Grand 1401 on Friday. Zimmer is one of the most prominent film composers. He’s worked with high profile directors like Christopher Nolan, Ridley Scott, Denis Villeneuve, amongst others. He’s won two Oscars, four Grammys, and has been nominated for three Emmys and a Tony award. The Listeso String Quartet will perform definitive themes and suites from films like “The Dark Knight,” “Gladiator,” and “Sherlock Holmes.” Get your tickets . Related Story:The benchmark of the Greek bourse has risen to highs unseen since September 26 after notching up fresh gains on Friday. Industrial and energy stocks drove the market higher on a day of gains for the vast majority of stocks, albeit with the lowest turnover of the last 12 sessions. Sunday’s government announcements in Parliament will largely shape next week’s trading landscape. The Athens Exchange (ATHEX) general index closed at 1,469.32 points, adding 0.36% to Thursday’s 1,464.03 points. On a weekly basis it advanced 0.88%. The large-cap FTSE-25 index expanded 0.32%, ending at 3,584.43 points, and the banks index improved 0.47%, as National grabbed 1.03%, Piraeus advanced 0.59% and Eurobank rose 0.09%, while Alpha gave up 0.12%. ElvalHalcor soared 3.72%, Autohellas earned 2.37%, EYDAP augmented 2.08% and Aegean Airlines fetched 1.98%. In total 71 stocks collected gains, 27 suffered losses and 20 remained unchanged. Turnover amounted to 93.8 million euros, down from Thursday’s €136.4 million. In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.19% to close at 214.19 points.Hunter tenants have laid bare the harsh reality of trying to rent after alarming statistics revealed the lack of affordable homes in the region. Login or signup to continue reading The Herald reported this week that no suburbs in the Hunter were considered affordable to rent on the average wage, according to new data from the National Shelter-SGS Economics and Planning Rental Affordability Index. Ella Rose said she considers herself lucky having secured a one-bedroom apartment in Adamstown for $330 a week. But the 24-year-old has been given a 90-day eviction notice, and the median rent price of a one-bedroom apartment in Newcastle is $565. She is looking to team-up with a friend and secure a two-bedroom rental. The National Shelter-SGS Economics and Planning data was based on the average regional salary of $89,977, which as a part-time worker and full-time student, Ms Rose does not earn. "It has been really disheartening," she said. "And I think a lot of people my age are feeling that. "I've got a lot of friends who've had to move out of rentals or even back in with parents because of cost." Her first rental from 2021 was $320 a week, and the same house is now being rented for $500. On top of the cost, Ms Rose said the competition for rentals is another challenge, especially with a dog. She estimates she has applied for more than 200 rentals in the past three years. "Last year I had to couch surf for three months between family and friends while I was looking for a rental," she said. The thought of buying a house is even further out of reach for Ms Rose. Her family bought a home in Mayfield for $220,000 in 2006, sold it for $508,000 in 2020 and it is now estimated to be worth $840,000. 'When I was growing up as a kid, math was my best subject," she said. "So, I kind of planned how much I would have to save and what kind of age I would be hoping to get a mortgage but the amount that has gone up is crazy. "My only friends who I know who have been able to get mortgages, it's because they've lived at home the whole time and then tried to get a house know without renting or their parents help them get that mortgage." Mir Asad Ali is also working part-time and renting a room in a four-bedroom share house in Fletcher. He recently moved from Muswellbrook and when he began looking for a two-bedroom rental to share with a friend, the prices were around $700 to $800 a week. "It was really, really expensive," Mr Ali said. "I lived in Sydney and it makes sense there, but when it comes to regional and rural areas it's shocking at how quickly the prices went up." Mr Ali is originally from Pakistan, where his wife still lives. He hopes for her to move over, but does not think he will be able to afford a private rental. "I was so depressed looking at the prices," he said. "I don't want her to have to live in a share house. And also if you don't have a reference, there's a high chance your application will get rejected "Living in a shared house, we have a mutual agreement but it's not with a real estate agent so there's no reference." National Shelter is urging the NSW government to provide more social housing to accommodate low-income people, and restore the social housing safety net to 5 per cent of all housing stock by 2027, working towards a goal of 10 per cent of all housing by 2040. The organisation said urgent action was also needed to wind back the short term rental market. Shelter NSW principal policy officer Cathryn Callaghan said local councils had levers they could use to improve housing access, including affordable housing contribution schemes. Newcastle council has just placed its scheme on public exhibition. The scheme proposes to add affordable housing provisions to the Newcastle Local Environmental Plan 2012, which will enable a condition of consent for new residential and mixed-use developments to make contributions towards affordable housing, where a new development is greater than 540 square metres or benefiting from zoning uplift. Contributions will be in the form of a financial subsidy, a dedication of land or completed dwellings to City of Newcastle and would be managed by a community housing provider and used to maintain, build, and develop affordable housing. Affordable housing is available to support very low to and moderate income households experiencing housing stress, which occurs where housing costs are greater than 30 per cent of gross household income after other basic living costs. Sage Swinton is a news reporter who was born and bred in the Hunter. She has been with the Newcastle Herald since June 2020. 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Manhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: White House press secretary Karine Jean-Pierre says “violence to combat any sort of corporate greed is unacceptable” and the White House will “continue to condemn any form of violence.” She declined to comment on the investigation into the Dec. 4 shooting death of UnitedHealthcare CEO Brian Thompson or reports that writings belonging to the suspect, Luigi Mangione, said insurance companies care more about profits than their customers. “This is horrific,” Jean-Pierre said of the fatal shooting of Thompson as he walked in Manhattan. He didn’t appear to say anything as deputies led him to a waiting car outside. “I’m deeply grateful to the men and women of law enforcement whose efforts to solve the horrific murder of Brian Thompson led to the arrest of a suspect in Pennsylvania,” Gov. Hochul said in the statement. “I am coordinating with the District Attorney’s Office and will sign a request for a governor’s warrant to ensure this individual is tried and held accountable. Public safety is my top priority and I’ll do everything in my power to keep the streets of New York safe.” That’s according to a spokesperson for the governor who said Gov. Hochul will do it as soon as possible. Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”
CONWAY, Ark., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced it has established additional reserves for loan losses as a result of Hurricane Milton. On October 11, 2024, HOMB announced a $16.7 million reserve as a result of Hurricane Helene, which made landfall September 26, 2024. Upon announcement HOMB indicated the more recent and powerful Hurricane Milton, which made landfall on October 9, 2024, and caused the spin-off of more than two dozen tornados, would likely lead to an increase in this reserve amount. “Out of an abundance of caution, HOMB has decided to make an additional $16.7 million reserve following the second Florida hurricane, bringing our total hurricane reserve to $33.4 million for the year,” said John Allison, Chairman of HOMB. “The two hurricanes spanned across the third and fourth quarter and the amount of time it takes for customers to settle with insurance will no doubt increase, with two back-to-back events,” continued Allison. “We have approximately $110 million currently on deferral as a result of the two hurricanes and in keeping with our conservative nature, we feel as though this proactive move is a prudent and predictable course of action,” added Allison. Branches The Company currently has 76 branches in Arkansas, 78 branches in Florida, 58 branches in Texas, 5 branches in Alabama and one branch in New York City. About Home BancShares Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.” The Company was founded in 1998. Visit www.homebancshares.com or www.my100bank.com for more information. General This release contains forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future, including future financial results. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future events, performance or results. When we use words or phrases like “may,” “plan,” “propose,” “contemplate,” “anticipate,” “believe,” “intend,” “continue,” “expect,” “project,” “predict,” “estimate,” “could,” “should,” “would,” “on track” and similar expressions, you should consider them as identifying forward-looking statements, although we may use other phrasing. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following: economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment, including the ongoing impacts of inflation; the ability to identify, complete and successfully integrate new acquisitions; the risk that expected cost savings and other benefits from acquisitions may not be fully realized or may take longer to realize than expected; diversion of management time on acquisition-related issues; the availability of and access to capital and liquidity on terms acceptable to us; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations; technological changes and cybersecurity risks and incidents; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; political instability, military conflicts and other major domestic or international events; the impact of recent or future adverse weather events, including hurricanes, and other natural disasters; disruptions, uncertainties and related effects on credit quality, liquidity and other aspects of our business and operations that may result from any future public health crises; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; potential increases in deposit insurance assessments, increased regulatory scrutiny or market disruptions resulting from financial challenges in the banking industry; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the “SEC”), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on February 26, 2024. FOR MORE INFORMATION CONTACT: Donna Townsell Director of Investor Relations Home BancShares, Inc. (501) 328-4625
AGV Market Booms with Increasing Automation in Manufacturing and WarehousingPhilly sports year in review: The top 10 plays of 2024( MENAFN - GlobeNewsWire - Nasdaq) Germany's snack food packaging market is set to grow at a 3.6% rate, driven by a rising trend of health-conscious consumers seeking nutritious snacks. The country's evolving health-oriented culture emphasizes catering to the increasing demand for healthy and nutrition-rich snack options, presenting lucrative opportunities for the packaging sector. NEWARK, Del, Dec. 26, 2024 (GLOBE NEWSWIRE) -- The global snack food packaging industry is set to experience substantial growth, with its size projected to expand from USD 19.5 billion in 2025 to USD 28.5 billion by 2035, at a steady CAGR of 4.3% during the forecast period. The industry generated USD 18.0 billion in revenue in 2024, underlining its rapid and consistent expansion. A key factor fueling this growth is the increasing demand for specialized packaging for savory snacks. This segment, which includes chips, pretzels, and popcorn, is poised to dominate the food type category, accounting for over 45% of the industry share through 2035. The need to preserve the texture, flavor, and crispiness of these snacks drives the reliance on innovative packaging solutions designed to protect products from moisture and air exposure, which can compromise their quality. The robust growth of the snack food packaging industry reflects a rising consumer preference for convenience foods and the evolving expectations of packaging durability, functionality, and design. Manufacturers are prioritizing advancements in material science and technology to meet the demands of both consumers and producers in this competitive industry. Get the Complete Research-Read More About Our Latest Report! Understanding the Snack Food Packaging Market The Snack Food Packaging Industry refers to the industry segment that involves the production, design, and distribution of packaging solutions specifically tailored for snack foods. This includes packaging for items like chips, crackers, nuts, popcorn, candy, granola bars, and other ready-to-eat snacks. "The snack food packaging industry is evolving rapidly, driven by consumer demand for convenience, sustainability, and innovative designs. Brands are increasingly focusing on eco-friendly materials and smart packaging solutions to stand out. With the growth of on-the-go snacking and changing consumer preferences, the future of snack food packaging looks both dynamic and sustainable," says Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI). Key Takeaways From The Snack Food Packaging Market: Challenges Faced by the Food Packaging Market Competitive Landscape Key participants in the snack food packaging sector are creating and bringing new items to the industry. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products. Key Developments in the Snack Food Packaging Market Key Players in the Snack Food Packaging Market Snack food Packaging Industry Segmentation By Grade: In terms of material, the snack food packaging market is divided into plastic, paper/paperboard, metal and glass. Plastic further include polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), bioplastics and other plastics. By Food Type: In terms of food type, the snack food packaging market consists of bakery snacks, confectionary snacks, savoury snacks, dairy-based snacks, frozen snacks, health and nutritional snacks and others. Bakery snacks includes cookies, crackers and pastries. Confectionary snacks includes chocolates, candies and gummies. Savoury snacks includes Chips and Crisps, Popcorn, Pretzels, Nuts and Seeds. Dairy-based snacks includes yoghurt and cheese snacks. Frozen snacks includes ice cream bars and frozen appetizers. Health and nutritional snacks includes protein bars, granola bars and fried fruits. Other include ready-to-eat meals. By Packaging Formats: Several packaging types in the snack food packaging market include flexible packaging and rigid packaging. The flexible packaging is further sub-categorized into pouches, bags, wrapper and sachets. And rigid packaging includes boxes, trays, tins and cans and jars. By Region: Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and Middle East & Africa are covered. Authored by: Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in industry research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power. Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Industry and has a Bachelor's Degree in Mathematics. Have a Look at Related Research Reports on the Packaging Domain: The size of the frozen food packaging machine market is projected to be worth USD 1,638.5 million in 2023. The industry is likely to surpass USD 2,618.6 million by 2033 at a CAGR of 4.8% during the forecast period. The global rigid food packaging market is set to gain a valuation of USD 197.5 billion in 2023. It is likely to exceed USD 317.7 billion by 2033 and exhibit a CAGR of 4.9% between 2023 and 2033. The increasing consumer preference for convenience and sustainability is driving the demand for innovative fresh food packaging solutions that enhance product shelf life while minimizing environmental impact and ensuring food safety. The sales revenue of edible packaging has increased to USD 389.4 million in 2024. The edible packaging industry is on its way to capture widespread appreciation broadening to USD 810.1 million size by 2034, reflecting a robust CAGR of 7.60% through 2034. The seafood packaging market , valued at USD 1.3 billion in 2024, is projected to exceed USD 2 billion by 2034, reflecting a steady CAGR of 4.3%. This growth is driven by increasing global demand for seafood products, coupled with advancements in sustainable packaging solutions. Smart packaging refers to packaging systems that incorporate advanced technologies to enhance functionality beyond traditional packaging. The growing demand for pharmaceutical packaging is driven by increasing drug production, heightened regulatory requirements, and the need for enhanced protection and traceability in the global healthcare industry. The growth of packaging tubes is driven by their versatility, sustainability, and consumer demand for convenient, eco-friendly solutions that enhance product protection and ease of use. The eye cosmetic packaging sector is experiencing rapid growth, driven by innovative designs and increasing consumer demand for premium, eco-friendly packaging solutions that enhance product appeal and functionality. The global lubricant packaging market is estimated to top USD 12.06 billion in 2023 and is projected to reach USD 20.4 billion by 2033, moving forward at a CAGR of 5.4%. Explore the latest news on Ready-to-drink coffee industry outlook (2024–2034) About Future Market Insights (FMI) Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the industry. FMI stands as the leading global provider of industry intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals industries. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted industry insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise. Contact Us: Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-347-918-3531 For Sales Enquiries: ... Website: LinkedIn | Twitter | Blogs | YouTube German Translation Der globale Markt für Snack-Verpackungen wird voraussichtlich ein erhebliches Wachstum verzeichnen, wobei seine Größe voraussichtlich von 19,5 Mrd. USD im Jahr 2025 auf 28,5 Mrd. USD bis 2035 steigen wird, bei einer stetigen CAGR von 4,3 % im Prognosezeitraum. Der Markt erwirtschaftete im Jahr 2024 einen Umsatz von 18,0 Milliarden US-Dollar, was seine schnelle und konsequente Expansion unterstreicht. Ein Schlüsselfaktor für dieses Wachstum ist die steigende Nachfrage nach Spezialverpackungen für herzhafte Snacks. Dieses Segment, zu dem Chips, Brezeln und Popcorn gehören, ist bereit, die Kategorie der Lebensmittel zu dominieren und bis 2035 einen Marktanteil von über 45 % zu erreichen. Die Notwendigkeit, die Textur, den Geschmack und die Knusprigkeit dieser Snacks zu erhalten, führt dazu, dass man sich auf innovative Verpackungslösungen verlässt, die darauf ausgelegt sind, Produkte vor Feuchtigkeit und Luft zu schützen, die ihre Qualität beeinträchtigen können. Das robuste Wachstum des Marktes für Snack-Verpackungen spiegelt eine steigende Präferenz der Verbraucher für Fertiggerichte und die sich entwickelnden Erwartungen an Haltbarkeit, Funktionalität und Design von Verpackungen wider. Die Hersteller priorisieren Fortschritte in der Materialwissenschaft und -technologie, um die Anforderungen sowohl der Verbraucher als auch der Produzenten in dieser wettbewerbsintensiven Branche zu erfüllen. Den Markt für Snack-Verpackungen verstehen Der Markt für Snack-Lebensmittelverpackungen bezieht sich auf das Industriesegment, das die Herstellung, das Design und den Vertrieb von Verpackungslösungen umfasst, die speziell auf Snacks zugeschnitten sind. Dazu gehören Verpackungen für Artikel wie Chips, Cracker, Nüsse, Popcorn, Süßigkeiten, Müsliriegel und andere verzehrfertige Snacks. "Der Markt für Snack-Verpackungen entwickelt sich rasant, angetrieben von der Nachfrage der Verbraucher nach Bequemlichkeit, Nachhaltigkeit und innovativem Design. Marken konzentrieren sich zunehmend auf umweltfreundliche Materialien und intelligente Verpackungslösungen, um sich von der Masse abzuheben. Mit dem Wachstum von Snacks für unterwegs und den sich ändernden Verbraucherpräferenzen sieht die Zukunft der Snack-Verpackungen sowohl dynamisch als auch nachhaltig aus." Sagt ein leitender Berater Ismail Sutaria im Bereich Verpackung bei Future Market Insights (FMI). Wichtige Erkenntnisse aus dem Markt für Snack-Lebensmittelverpackungen: Herausforderungen auf dem Markt für Lebensmittelverpackungen Wettbewerbslandschaft Wichtige Akteure im Bereich der Snack-Food-Verpackungen entwickeln und bringen neue Artikel auf den Markt. Sie schließen sich mit verschiedenen Organisationen zusammen und erweitern ihre geografische Reichweite. Einige von ihnen arbeiten auch mit lokalen Marken und Start-up-Unternehmen zusammen, um neue Produkte herzustellen. Wichtige Entwicklungen auf dem Markt für Verpackungen für Snacks Hauptakteure auf dem Markt für Snack-Verpackungen Marktsegmentierung für Snack-Verpackungen Nach Klasse: In Bezug auf das Material wird der Markt für Snack-Verpackungen in Kunststoff, Papier/Pappe, Metall und Glas unterteilt. Zu den Kunststoffen gehören ferner Polyethylen (PE), Polypropylen (PP), Polyethylenterephthalat (PET), Biokunststoffe und andere Kunststoffe. Nach Lebensmitteltyp: In Bezug auf die Lebensmittelart besteht der Markt für Snack-Verpackungen aus Backsnacks, Süßwarensnacks, herzhaften Snacks, Snacks auf Milchbasis, gefrorenen Snacks, Gesundheits- und Ernährungssnacks und anderen. Zu den Snacks im Gebäck gehören Kekse, Cracker und Gebäck. Zu den Süßwarensnacks gehören Pralinen, Süßigkeiten und Gummibärchen. Zu den herzhaften Snacks gehören Chips und Chips, Popcorn, Brezeln, Nüsse und Samen. Zu den Snacks auf Milchbasis gehören Joghurt- und Käsesnacks. Frozen Snacks umfasst Eisriegel und gefrorene Vorspeisen. Zu den Gesundheits- und Ernährungssnacks gehören Proteinriegel, Müsliriegel und frittierte Früchte. Andere sind verzehrfertige Gerichte. Nach Verpackungsformaten: Zu den verschiedenen Verpackungsarten auf dem Markt für Snack-Verpackungen gehören flexible Verpackungen und starre Verpackungen. Die flexiblen Verpackungen werden weiter in Beutel, Beutel, Wrapper und Beutel unterteilt. Zu den starren Verpackungen gehören Schachteln, Schalen, Dosen sowie Dosen und Gläser. Nach Region: Wichtige Länder wie Nordamerika, Lateinamerika, Westeuropa, Osteuropa, Ostasien, Südasien und Pazifik sowie der Nahe Osten und Afrika werden abgedeckt. MENAFN26122024004107003653ID1109033637 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Notre Dame puts losing streak in past, turns focus to Dartmouth
The Houston Astros are appearing more and more likely to lose free agent third baseman Alex Bregman via free agency this winter. A two-time World Series champion with the Astros, Bregman has signaled his willingness to move to second base to facilitate signing a long-term contract away from Houston. Several Major League Baseball teams are reported to be interested in acquiring the nine-year veteran's services going forward. As one anonymous MLB executive told ESPN's Jesse Rogers , "...other teams need his bat and battle-tested vet presence more than Houston does." Houston also has holes to fill at first base and in the outfield, no matter if Bregman stays or goes. According to RosterResource , the Astros' luxury tax number already stands at $234 million. That means the team is going to have to do some fancy dancing this offseason to make it all work. But a bargain option may be staring Space City in the face should Bregman depart. Just Baseball's Carson Weaver muses that former Chicago White Sox third baseman Yoan Moncada could fit the bill. "Signing Moncada to a low-risk deal if they can’t re-sign Bregman fits Brown’s history of betting on upside," Weaver said. "Battling health issues for the past three years, Moncada is a change of scenery candidate who has the potential to sign a prove-it deal." Moncada, a nine-year MLB veteran, has played mostly third base in his big-league career. He is talented, yet injury-prone. Once considered one of the rising stars in MLB, he provided reliable production in the middle of the White Sox lineup in the latter seasons of the last decade. Many believed Moncada was on his way to breaking out as a superstar in 2019 when he logged career bests with a .315 batting average, 25 home runs, and 79 RBI. After a sub-par season in the COVID-shortened 2020 campaign, he turned in a solid yet unspectacular 2021 by hitting .263 with 14 homers and 61 RBI. However, that's where the injuries began for Moncada. In 2022, he missed nearly 60 games due to quad, hamstring, foot, and oblique injuries. The next season, he played in just 92 games due to a recurring back issue. Last season, he played his fewest games (12) since his MLB-debut campaign with the Boston Red Sox in 2016 due to an adductor strain suffered in April. After hitting 25 round-trippers in 2019, Moncada took the ball deep just 23 times since the end of the 2021 season. The White Sox declined their $25 million team option to retain Moncada after the World Series ended, making him a free agent. Spotrac calculates Moncada's market value at $1.5 million on a one-year contract. More MLB: Might the Mariners be angling for a $66 million infield upgrade?
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. Alex Veiga, The Associated Press Dec 26, 2024 1:14 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FIL:E - People photograph the New York Stock Exchange in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File) 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. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. ___ AP Business Writers Elaine Kurtenbach and Matt Ott contributed. Alex Veiga, The Associated Press See a typo/mistake? 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North Korea Reports South Korea's Martial Law Crisis for First Time
It’s official: 2024 is coming to a close, and December’s festivities are nearly upon us. If you’re stocking your cupboards for holiday fun, Trader Joe’s has plenty of new products on the shelves for December ( you can find our round-up here !). But if you’re bored of the usual holiday fare, you can check out our guide to cooking a delicious Italian-inspired Christmas feast here . This week, research implied that certain households might be more likely to step away from the traditional Christmas ham this year than others. A newly published study from Baruch College and the University of Southern California suggested that the people most likely to reduce red meat consumption in the US are those aged over 65, female, and come from nonwhite households. And they’re not alone— King Charles could be joining them. Recently, the monarch’s stepson Tom Parker-Bowles revealed that both the King and Queen Camilla were looking at reducing their meat consumption for health reasons. Regardless of your food choices this holiday season, the truth is: everyone deserves a treat. Find out where to get everything from free dairy-free mochas to vegan bacon chocolate (yes, that’s bacon chocolate) to delicious festive dairy-free cinnamon buns below. We’ve also got news from the food tech space, fresh information on Oatly’s ongoing legal challenges, and updates on the vegan restaurant scene in India and Australia. Holiday food news In the US, Cinnaholic has a new vegan holiday menu, and Peet’s Coffee is offering free mochas on New Year’s Day. If you’re buying treats in the UK, H!P’s new Figs in Blankets chocolate bar with vegan salty bacon is well worth a try. Cinnaholic If you’re craving festive flavors, cinnamon roll chain Cinnaholic recently announced its new holiday menu, which consists of a Nutcracker Sweet Roll (which is topped with Bavarian candied nuts and creme brulée frosting), an Oh Fudge Roll (which features chocolate frosting, fudge cookie dough, chocolate bark, chocolate sauce, and sprinkles), and CinnaBites (which are basically bite-sized cinnamon rolls). You can also sip on hot cocoa made with plant-based milk and treat yourself to a Wreath Cake (made with cinnamon rolls) and an assorted dessert board. In honor of Pantone’s Color of the Year, coffee chain Peet’s Coffee has announced it will be handing out free mochas on New Year’s Day to anyone who says the codeword “Mocha Mousse.” The coffee chain’s mochas can be made dairy-free with a few tweaks: just ask for dairy-free milk and no whip. British oat milk chocolate brand H!P is known for its unique chocolate bar flavors (like Salty Pretzel and Cookies No Cream, for example), but for this year’s festive season, it has taken things to a whole new level. The new Figs in Blankets flavor, which combines plant-based bacon seasoning with figs, might sound a little odd at first, but the brand’s founder James Cadbury promises it hits “the sweet spot.” The flavor benefits The King’s Trust charity and is exclusively available on UK Amazon . Oatly RELATED: Boxing Hall of Famer Mike Tyson Invests in Vegan Burger Chain, Mr. Charlie’s Food industry and tech news While the holidays are undeniably a big theme for this week’s roundup, there has also been progress in food innovation—from potato-based cheese to butter alternatives to Oatly’s former president starting a new role with a game-changing plant-based meat brand. Plus, it’s a double mention for Oatly, as recently the UK ruled the company could not use the word “milk” in its marketing. Mike Messersmith, the former president of Oatly USA, one of the biggest names in the dairy-free industry, is taking his expertise to Tender Food . The Harvard scientist-led food technology brand creates unique, innovative plant-based meat products, including beef short rib and chicken breast, using its own patented technology. With Messersmith as CEO, Tender Food hopes to strengthen its mission and transform the food industry. “Stepping into a leadership role for Tender is a thrilling transition for me, Messersmith said in a statement. “The team has created an extraordinary platform for continued technological development and is on the cusp of a really exciting new chapter.” In more ingredient news, Israel-based food technology company Gavan recently announced it has raised $8 million to replace the animal fat in butter with a highly functional “cutting edge” plant-based alternative. According to the brand, the new funding round “opens the door for Gavan to enter the European food market.” KMC The dairy-free cheese market, which hit an estimated value of $1.9 billion in 2024, according to some market research reports, has come on leaps and bounds in the last few years. Thanks to brands like Violife, Daiya, and Follow Your Heart, you can now buy everything from shreds to slices to cream cheese. Danish cooperative KMC believes that with its new potato-based starch ingredient, named CheeseMaker CF66, it can create a vegan mozzarella for pizza that can melt, stretch, and pull just like the dairy version. It hasn’t hit the market yet, but watch this space. Oatly has long used the word “milk” in its branding. One of its most commonly used phrases, for example, is “milk made for humans,” as well as “post-milk generation.” But London’s Court of Appeal recently ruled the leading dairy-free brand must stay away from the term “milk,” as it can only be applied to products made from “normal mammary secretion.”Alex Robinson, the CEO of environmental charity Hubbub, wrote on Linkedin : “This ruling feels regressive but the direction of travel is clear: more people are choosing plant-friendly options. The law will catch up eventually.” Mr. Charlie’s RELATED: Europe, US Boast the “Most Vegan-Friendly Cities” in the World: Report Restaurant news The popular vegan fast-food chain Mr. Charlie’s (a favorite of new investor Mike Tyson ), has launched a pop-up in Melbourne, Australia. Plus a new report from Good Food International (GFI) has promising news for the vegan market in India. A new report from GFI India, titled The Next Course: Reimagining Protein , revealed that while the plant-based meat market is still in its “infancy” in India, there has been some positive growth in the industry. The report noted that in Mumbai, for example, 37 percent of restaurants offer plant-based meat on the menu. In Bangalore, it’s 20 percent of restaurants, and in New Delhi, it’s 19 percent. The report acknowledged that while demand for plant-based meat is still low, “targeted education and strategic menu integration” can boost awareness. Melbourne residents who want a taste of vegan fast food from the popular California chain Mr. Charlie’s are in luck. The McDonald ’s-inspired plant-based brand has followed the launch of its Sydney location with a new pop-up in Melbourne. Located at the CoConspirators Brewpub, Mr. Charlies will be serving its burgers and Mr. Frowny meals through December and January. DON'T MISS OUT : Get breaking news, recipes, and our weekly vegan deal by signing up for our FREE VegNewsletter Bill Gates’ Favorite Yogurt Is Made From Fungi, and It’s a Game-Changer Plant-Based Proteins Slash Heart Disease Risk and Environmental Footprint LA’s Hottest Vegan Restaurant Now Available Nationwide JUMP TO ... Latest News | Recipes | Guides | Health | Subscribe Charlotte is a VegNews editor and writer based in sunny Southsea on England's southern coast.Why the 2024 Game Awards Dialed Back Its Hollywood Element
Travis Hunter and Ashton Jeanty give this year's Heisman Trophy ceremony a different vibeCHARLOTTE, N.C. , Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25 th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with the Preferred Stock on the upcoming dividend payment date on January 28, 2025 (the "Redemption Date"), at a redemption price of $1,000 per depositary share. Declared dividends of $21.50 per depositary share in respect of the outstanding Depositary Shares for the full current semi-annual dividend period from, and including, July 28, 2024 to, but excluding, January 28, 2025 will be paid separately on January 28, 2025 , to holders of record on January 1, 2025 , in the customary manner. Accordingly, the redemption price of $1,000 per depositary share does not include any accrued and unpaid dividends. Dividends on the redeemed Depositary Shares will cease to accrue on the Redemption Date. The Depositary Shares are held through The Depository Trust Company ("DTC") and will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the Depositary Shares will be made by Computershare Inc. and Computershare Trust Company, N.A., collectively, as redemption agent. The address for the redemption agent is as follows: Computershare Trust Company, N.A. Attn: Corporate Actions 150 Royall St. Canton, MA 02021 This press release does not constitute a notice of redemption under the certificate of designation governing the Preferred Stock or the deposit agreement governing the Depositary Shares. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States , serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States , its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Forward-Looking Statements Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023 , and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts . www.bankofamerica.com Investors May Contact: Lee McEntire , Bank of America Phone: 1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum , Bank of America (Fixed Income) Phone: 1.212.449.3112 jonathan.blum@bofa.com Reporters May Contact: Jocelyn Seidenfeld , Bank of America Phone: 1.646.743.3356 jocelyn.seidenfeld@bofa.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bank-of-america-announces-full-redemption-of-its-series-mm-preferred-stock-and-related-depositary-shares-302338391.html SOURCE Bank of America CorporationNEW DELHI: Leaders across party lines and stalwarts across sectors hailed former prime minister Manmohan Singh as “one of India’s greatest sons” as they condoled his death on Thursday night. Singh, the architect of India’s economic reforms, breathed his last at the All India Institute of Medical Sciences. He was 92. In a post on X, President Droupadi Murmu said Singh will always be remembered for his service to the nation, his unblemished political life besides his utmost humility. “His passing is a great loss to all of us. I pay my respectful homage to one of the greatest sons of Bharat and convey my heartfelt condolences to his family, friends and admirers,” she said. Prime Minister Narendra Modi hailed his predecessor’s contributions to the country. “India mourns the loss of one of its most distinguished leaders, Dr Manmohan Singh Ji. Rising from humble origins, he rose to become a respected economist. He served in various government positions as well, including as Finance Minister, leaving a strong imprint on our economic policy over the years. His interventions in Parliament were also insightful. As our Prime Minister, he made extensive efforts to improve people’s lives,” he said in a post on X. Several Congress leaders hailed him as one of India’s tallest leaders and the party’s strongest icons. “India has lost a visionary statesman, a leader of unimpeachable integrity, and an economist of unparalleled stature. His policy of Economic Liberalisation and Rights-based welfare paradigm profoundly transformed the lives of crores of Indians, virtually creating a Middle Class in India and lifting crores out of poverty...,” Congress president Mallikarjun Kharge said, as he recalled how he was a part of Singh’s cabinet as labour minister, railway minister and social welfare minister. “Undoubtedly, history shall judge you kindly, Dr Manmohan Singh ji!” he added. Leader of Opposition in Lok Sabha and former Congress chief Rahul Gandhi said he has lost his mentor and guide. “Manmohan Singh Ji led India with immense wisdom and integrity. His humility and deep understanding of economics inspired the nation. My heartfelt condolences to Mrs. Kaur and the family,” he said in a post on X, adding that he has “lost a mentor and guide. Millions of us who admired him will remember him with the utmost pride”. Congress general secretary Priyanka Gandhi Vadra said Singh remained steadfast in his commitment to serve the nation despite being subjected to unfair and deeply personal attacks by his opponents. “Few people in politics inspire the kind of respect that Sardar Manmohan Singh ji did. His honesty will always be an inspiration for us and he will forever stand tall among those who truly love this country as someone who remained steadfast in his commitment to serve the nation despite being subjected to unfair and deeply personal attacks by his opponents,” she said in a post on X. Senior Congress leader and a minister in the UPA government P Chidambaram said Singh’s life and work as well as the period from 1991 till 2014 will be a golden chapter in the history of India. “His story has not been told fully. His achievements have not been recorded fully. I am sure when we look back upon the 23 years that Dr Singh was in active politics, we will realise his true contribution,” he said. Leaders from other parties also paid their respects. Union home minister Amit Shah prayed for peace to his soul and strength for his family to bear this grief. “From being the Governor of the Reserve Bank of India to the Finance Minister of the country and as the Prime Minister, Dr. Manmohan Singh played an important role in the governance of the country.” West Bengal chief minister Mamata Banerjee said: “I had worked with him and saw him from very close quarters in the Union cabinet. His erudition and wisdom were unquestionable, and the depth of the financial reforms ushered in by him in the country are widely acknowledged.” The sentiment was echoed by captains of industry, many of whom were able to build on his vision in a liberalised economy post the 1991 reforms. Mahindra Group chairman Anand Mahindra posted on X: “Farewell Dr. Manmohan Singh. You loved this nation. And your service to it will long be remembered.” Members of the sports fraternity, such as Yuvraj Singh, Virender Sehwag and Vinesh Phogat remembered Singh’s “calm leadership and wisdom”.Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
Travis Hunter and Ashton Jeanty give this year's Heisman Trophy ceremony a different vibeDA suggests unusual idea for halting Trump's hush money case while upholding convictionPHILADELPHIA (AP) — Former Temple basketball standout Hysier Miller sat for a long interview with the NCAA as it looked into concerns about unusual gambling activity, his lawyer said Friday amid reports a federal probe is now under way. “Hysier Miller fully cooperated with the NCAA’s investigation. He sat for a five-hour interview and answered every question the NCAA asked. He also produced every document the NCAA requested,” lawyer Jason Bologna said in a statement. “Hysier did these things because he wanted to play basketball this season, and he is devastated that he cannot.” Miller, a three-year starter from South Philadelphia, transferred to Virginia Tech this spring. However, the Hokies released him last month due to what the program called “circumstances prior to his enrollment at Virginia Tech.” Bologna declined to confirm that a federal investigation had been opened, as did spokespeople for both the FBI and the U.S. Attorney’s Office in Philadelphia. ESPN, citing unnamed sources, reported Thursday that authorities were investigating whether Miller bet on games he played in at Temple, and whether he adjusted his performance accordingly. “Hysier Miller has overcome more adversity in his 22 years than most people face in their lifetime. He will meet and overcome whatever obstacles lay ahead," Bologna said. Miller scored eight points — about half his season average of 15.9 — in a 100-72 loss to UAB on March 7 that was later flagged for unusual betting activity. Temple said it has been aware of those allegations since they became public in March, and has been cooperative. “We have been fully responsive and cooperative with the NCAA since the moment we learned of the investigation,” Temple President John Fry said in a letter Thursday to the school community. However, Fry said Temple had not received any requests for information from state or federal law enforcement agencies. He vowed to cooperate fully if they did. “Coaches, student-athletes and staff members receive mandatory training on NCAA rules and regulations, including prohibitions on involvement in sports wagering," Fry said in the letter. The same week the Temple-UAB game raised concerns, Loyola (Maryland) said it had removed a person from its basketball program after it became aware of a gambling violation. Temple played UAB again on March 17, losing 85-69 in the finals of the American Athletic Conference Tournament. League spokesman Tom Fenstermaker also declined comment on Friday. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!
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