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On Friday, December 6th, 2024, the labor union representing the professional engineers working at Seattle-based aerospace manufacturer Boeing announced that hundreds more union employees would be laid off in the coming months. According to the Society of Professional Engineering Employees in Aerospace (SPEEA), 222 members of Boeing's current workforce received layoff notices this upcoming week, including 184 engineers and 38 technical employees . Get all the latest aviation news from Simple Flying! The labor organization, which represents around 17,000 employees at Boeing facilities across the states of Washington, Oregon, California, and Utah, did not indicate what portion of the workers who had been laid off were employed in each of these states, according to local news outlet King 5 . The union indicated that it would be continuing to review data released by Boeing for the layoffs to ensure that no union contracts are violated . These layoffs are not entirely unsurprising given the rhetoric coming from Boeing's management team, amid extensive issues facing the manufacturer. Boeing did not immediately respond to Simple Flying's request for a comment on this latest round of layoffs. Your changes have been saved Email is sent Email has already been sent A move that comes in line with recent decisions Boeing executives announced earlier this past fall that they anticipate cutting around 10% of their workforce to help address some of the company's difficulties that have resulted in the wake of heavy financial losses over the past five years. Boeing 737 MAX aircraft, the manufacturer's current flagship narrowbody product, were involved in a pair of deadly crashes in 2018 and 2019. A door-plug blowout on an Alaska Airlines flight earlier this year would also damage the company's reputation. The company, which desperately needed to increase its aircraft production numbers in order to deliver more aircraft faster, was also hit by a weeks-long machinist strike this fall. According to Reuters , this strike was estimated to have cost the company over $1 billion. This news likely does not come as a surprise. Therefore, it is unsurprising to see the company choosing to continue its campaign of layoffs, with the 222 employees who received notices this week set to part ways with the company in the first few months of next year. The company's overarching strategy appears to be focusing on aircraft families that bring the company the most reliable sources of revenue, and cutting down on costs it views as unnecessary. Not the first layoffs the company announced in recent months Back on November 27th, Simple Flying reported on layoffs at Boeing that were estimated to see around 200 people lose their jobs . These employees are set to part ways with the company on January 17th, 2025, so it is safe to say that those who received layoff notices last week will likely leave the company not long after. In total, Boeing has laid off 2,199 employees this year in Washington alone, in addition to dozens more from this past week, according to the company's filing with the Washington Employment Security Department. Boeing's financial difficulties have only continued throughout 2024, with the company seeing stock prices fall by around 35% since January.Angi Inc. ( NASDAQ:ANGI – Get Free Report ) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $3.11. ANGI has been the subject of a number of analyst reports. The Goldman Sachs Group cut shares of Angi from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $3.25 to $2.50 in a research note on Wednesday, November 13th. JMP Securities cut their price target on Angi from $3.25 to $3.00 and set a “market outperform” rating for the company in a report on Wednesday, November 13th. UBS Group upgraded shares of Angi to a “hold” rating in a research report on Monday, October 28th. Benchmark reduced their price target on shares of Angi from $7.00 to $6.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Finally, KeyCorp dropped their price objective on shares of Angi from $3.00 to $2.00 and set an “overweight” rating for the company in a report on Wednesday. View Our Latest Stock Analysis on Angi Hedge Funds Weigh In On Angi Angi Trading Up 0.5 % Angi stock opened at $1.97 on Friday. Angi has a one year low of $1.65 and a one year high of $3.10. The company’s fifty day moving average price is $2.43 and its two-hundred day moving average price is $2.31. The company has a market capitalization of $979.62 million, a price-to-earnings ratio of 28.14 and a beta of 1.95. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.05 and a quick ratio of 2.05. Angi ( NASDAQ:ANGI – Get Free Report ) last issued its quarterly earnings data on Monday, November 11th. The technology company reported $0.07 earnings per share for the quarter. The business had revenue of $296.72 million for the quarter, compared to the consensus estimate of $295.90 million. Angi had a return on equity of 3.79% and a net margin of 2.61%. During the same period last year, the business earned ($0.01) EPS. On average, analysts forecast that Angi will post 0.04 earnings per share for the current fiscal year. Angi Company Profile ( Get Free Report Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals. Further Reading Receive News & Ratings for Angi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angi and related companies with MarketBeat.com's FREE daily email newsletter .NEW YORK (AP) — Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, has died. He was 83. Mark Young, Woolery’s podcast co-host and friend, said in an email early Sunday that Woolery died at his home in Texas with his wife, Kristen, present. “Chuck was a dear friend and brother and a tremendous man of faith, life will not be the same without him,” Young wrote. Woolery, with his matinee idol looks, coiffed hair and ease with witty banter, was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978. In 1983, Woolery began an 11-year run as host of TV’s “Love Connection,” for which he coined the phrase, “We’ll be back in two minutes and two seconds,” a two-fingered signature dubbed the “2 and 2.” In 1984, he hosted TV’s “Scrabble,” simultaneously hosting two game shows on TV until 1990. “Love Connection,” which aired long before the dawn of dating apps, had a premise that featured either a single man or single woman who would watch audition tapes of three potential mates and then pick one for a date. A couple of weeks after the date, the guest would sit with Woolery in front of a studio audience and tell everybody about the date. The audience would vote on the three contestants, and if the audience agreed with the guest’s choice, “Love Connection” would offer to pay for a second date. Woolery told The Philadelphia Inquirer in 2003 that his favorite set of lovebirds was a man aged 91 and a woman aged 87. “She had so much eye makeup on, she looked like a stolen Corvette. He was so old he said, ‘I remember wagon trains.’ The poor guy. She took him on a balloon ride.” Other career highlights included hosting the shows “Lingo,” “Greed” and “The Chuck Woolery Show,” as well as hosting the short-lived syndicated revival of “The Dating Game” from 1998 to 2000 and an ill-fated 1991 talk show. In 1992, he played himself in two episodes of TV’s “Melrose Place.” Woolery became the subject of the Game Show Network’s first attempt at a reality show, “Chuck Woolery: Naturally Stoned,” which premiered in 2003. It shared the title of the pop song in 1968 by Woolery and his rock group, the Avant-Garde. It lasted six episode and was panned by critics. Woolery began his TV career at a show that has become a mainstay. Although most associated with Pat Sajak and Vanna White, “Wheel of Fortune” debuted Jan. 6, 1975, on NBC with Woolery welcoming contestants and the audience. Woolery, then 33, was trying to make it in Nashville as a singer. “Wheel of Fortune” started life as “Shopper’s Bazaar,” incorporating Hangman-style puzzles and a roulette wheel. After Woolery appeared on “The Merv Griffin Show” singing “Delta Dawn,” Merv Griffin asked him to host the new show with Susan Stafford. “I had an interview that stretched to 15, 20 minutes,” Woolery told The New York Times in 2003. “After the show, when Merv asked if I wanted to do a game show, I thought, ‘Great, a guy with a bad jacket and an equally bad mustache who doesn’t care what you have to say — that’s the guy I want to be.’” NBC initially passed, but they retooled it as “Wheel of Fortune” and got the green light. After a few years, Woolery demanded a raise to $500,000 a year, or what host Peter Marshall was making on “Hollywood Squares.” Griffin balked and replaced Woolery with weather reporter Pat Sajak. “Both Chuck and Susie did a fine job, and ‘Wheel’ did well enough on NBC, although it never approached the kind of ratings success that ‘Jeopardy!’ achieved in its heyday,” Griffin said in “Merv: Making the Good Life Last,” an autobiography from the 2000s co-written by David Bender. Woolery earned an Emmy nod as host. Born in Ashland, Kentucky, Woolery served in the U.S. Navy before attending college. He played double bass in a folk trio, then formed the psychedelic rock duo The Avant-Garde in 1967 while working as a truck driver to support himself as a musician. The Avant-Garde, which tourbed in a refitted Cadillac hearse, had the Top 40 hit “Naturally Stoned,” with Woolery singing, “When I put my mind on you alone/I can get a good sensation/Feel like I’m naturally stoned.” After The Avant-Garde broke up, Woolery released his debut solo single “I’ve Been Wrong” in 1969 and several more singles with Columbia before transitioning to country music by the 1970s. He released two solo singles, “Forgive My Heart” and “Love Me, Love Me.” Woolery wrote or co-wrote songs for himself and everyone from Pat Boone to Tammy Wynette. On Wynette’s 1971 album “We Sure Can Love Each Other,” Woolery wrote “The Joys of Being a Woman” with lyrics including “See our baby on the swing/Hear her laugh, hear her scream.” After his TV career ended, Woolery went into podcasting. In an interview with The New York Times, he called himself a gun-rights activist and described himself as a conservative libertarian and constitutionalist. He said he hadn’t revealed his politics in liberal Hollywood for fear of retribution. He teamed up with Mark Young in 2014 for the podcast “Blunt Force Truth” and soon became a full supporter of Donald Trump while arguing minorities don’t need civil rights and causing a firestorm by tweeting an antisemitic comment linking Soviet Communists to Judaism. “President Obama’s popularity is a fantasy only held by him and his dwindling legion of juice-box-drinking, anxiety-dog-hugging, safe-space-hiding snowflakes,” he said. Woolery also was active online, retweeting articles from Conservative Brief, insisting Democrats were trying to install a system of Marxism and spreading headlines such as “Impeach him! Devastating photo of Joe Biden leaks.” During the early stages of the pandemic, Woolery initially accused medical professionals and Democrats of lying about the virus in an effort to hurt the economy and Trump’s chances for reelection to the presidency. “The most outrageous lies are the ones about COVID-19. Everyone is lying. The CDC, media, Democrats, our doctors, not all but most, that we are told to trust. I think it’s all about the election and keeping the economy from coming back, which is about the election. I’m sick of it,” Woolery wrote in July 2020. Trump retweeted that post to his 83 million followers. By the end of the month, nearly 4.5 million Americans had been infected with COVID-19 and more than 150,000 had died. Just days later, Woolery changed his stance, announcing his son had contracted COVID-19. “To further clarify and add perspective, COVID-19 is real and it is here. My son tested positive for the virus, and I feel for of those suffering and especially for those who have lost loved ones,” Woolery posted before his account was deleted. Woolery later explained on his podcast that he never called COVID-19 “a hoax” or said “it’s not real,” just that “we’ve been lied to.” Woolery also said it was “an honor to have your president retweet what your thoughts are and think it’s important enough to do that.” In addition to his wife, Woolery is survived by his sons Michael and Sean and his daughter Melissa, Young said. Mark Kennedy is at http://twitter.com/KennedyTwits .
Revival Gold (CVE:RVG) Shares Down 1.7% – Here’s Why
The move could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election by a top court. Parliament approved the new administration in a 240-143 vote in Romania’s 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party (PSD) the centre-right National Liberal Party (PNL), the small ethnic Hungarian UDMR party and national minorities. It caps a month-long period of turmoil in which far-right nationalists made significant gains in a parliamentary election on December 1 a week after a first-round presidential race saw the far-right outsider Calin Georgescu emerge as the front-runner. “It will not be an easy mandate for the future government,” Mr Ciolacu, whose PSD party topped the polls in the parliamentary election, said in a statement. “We are aware that we are in the midst of a deep political crisis,” he said. “It is also a crisis of trust, and this coalition aims to regain the trust of citizens, the trust of the people.” Romania’s 16 ministerial positions will be shared among the parties, which will hold a slim majority in the legislature. It is widely seen as a tactical partnership to shut out far-right nationalists whose voices found fertile ground amid high living costs and a sluggish economy. Mr Ciolacu, who came third in the first-round presidential ballot despite polls indicating he would win the most votes, has served as prime minister since June 2023. After parliament’s approval, President Klaus Iohannis swore in the new government and warned the new Cabinet that it is entering a “difficult new period” in which “for many Romanians, there are major concerns”. Romania was plunged into turmoil after Mr Georgescu’s surprise success in the presidential race, after allegations of electoral violations and Russian interference emerged. Days before the December 8 run-off, the Constitutional Court made the unprecedented move to annul the presidential race. “We go through complicated times, but I think we all learned from mistakes of the past,” Mr Ciolacu said. “I hope that together with my colleagues in the coalition, we’ll find the best solutions to get past the challenges we have in front of us.” Mr Ciolacu said that the new government would aim to quickly organise the rerun of the presidential election in which the new coalition has agreed to put forward an agreed common pro-European candidate. Cristian Andrei, a political consultant based in Bucharest, said that the new government made up of the same political parties will likely embrace “soft populist” rhetoric such as economic patriotism, anti-austerity, and a peace solution in neighbouring Ukraine to counter the rise of far-right populism. “This will be a way to answer the concerns of many Romanians who voted for populists... but will not solve the fundamental problem of trust,” he said. “The only decisive factor now will be who and how convincing the pro-European candidates will be against this popular revolt.” George Simion, the leader of the far-right Alliance for the Unity of Romanians, which came second in the parliamentary election, said that all politicians from his party on Monday would vote against the Ciolacu government. In 2021, the PSD and the PNL also formed an unlikely but increasingly strained coalition together with UDMR, which exited the Cabinet last year after a power-sharing dispute.Iran Did Not Give A Plan For Climate Action At COP29Haryana chief minister (CM) Nayab Singh Saini on Sunday said that his government has increased the salary of sanitation workers from ₹ 16,000 to ₹ 26,000 per month. Speaking at the state-level function in Jind to mark the birth anniversary of Maharishi Valmiki, CM Saini announced to give an amount of ₹ 51 lakh for the construction of Maharishi Valmiki Bhawan in Jind’s Narwana. He also said that the state government would provide assistance to build a hostel in Hisar. He also announced to give ₹ 5 lakh on the death of a sanitation worker during duty and ₹ 10 lakh in case of death while doing sewerage work. The chief minister said his government will allot 50% of the state’s cleaning contracts to safai mitras and their groups. Speaking on his government’s decision to bifurcate the Scheduled Caste quota, CM Saini said, “Out of the 20% quota reserved for Scheduled Castes in direct recruitment in government services, a 10% quota has been reserved for candidates from Deprived Scheduled Castes and as many as for Other Scheduled Castes. If suitable candidates from one category are not available, the remaining vacant posts will be filled by candidates from the other category,” he added. Chief minister said that his government has decided to establish Samrasta Virasat Kendras in major cities to propagate the thoughts of great saints like Maharishi Valmiki, Sant Kabir Das, Sant Ravidas and the architect of Constitution BR Ambedkar. Saini said about 5 lakh houses will be built for poor people in urban and rural areas under the Mukhyamantri Shehri Awas Yojana. “Under the scheme, 15,250 poor families have been given plots of 30 square yards in 14 cities. A detailed plan to allot plots in the remaining cities will be made soon. An amount of ₹ 80,000 was given for the repair of houses under BR Ambedkar Awas Navinikarn Yojana,” Saini added. The chief minister said that a total of 48 lakh families living below the poverty line are being provided food grains and 13 lakh women from these families are given LPG connections. He further said that his government has been issuing Happy cards to BPL families with an income less than ₹ 1 lakh per annum for the convenience of bus travel free up to 1,000 km per year. “Our government has increased the annual income limit for the creamy layer of the Other Backward Classes (OBC) from ₹ 6 lakh to ₹ 8 lakh. The OBC (B) category has also been given 5-5% reservation in panchayati raj institutions and municipalities. Under the Ayushman Bharat-Chirayu Yojana, free medical treatment up to ₹ 10 lakh annually is being provided to poor families,” CM said. The CM said that his government is providing free education (up to postgraduation) to girls with a family income of less than ₹ 1.80 lakh per year and an amount of ₹ 1.11 lakh is being given to girls who score more than 90% marks. Haryana social justice and empowerment minister Krishan Bedi said that the previous Congress government under the leadership of Bhupinder Singh Hooda snatched the quota from Deprived Scheduled Castes by merging their separate quota into Scheduled Castes. He said that the Deprived Scheduled Castes have played a key role in the formation of BJP’s government for the third term in Haryana. Deputy speaker Krishan Lal Middha said the state government has been working to give government jobs on a merit basis and transparency. “During the short tenure of Nayab Singh Saini before the polls, jobs were given to 10,000 youths. I urge the chief minister to set up industries in Jind and provide employment to youths. Many industrialists told me that people in Jind block roads many times a year to raise their various demands and it is tough to run industries there. I urge people not to hold protests on every small issue and help in setting industries here so that youths can get jobs,” he added.
Thrivent Financial for Lutherans decreased its position in shares of Curtiss-Wright Co. ( NYSE:CW – Free Report ) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,609 shares of the aerospace company’s stock after selling 103 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Curtiss-Wright were worth $5,130,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds also recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co increased its holdings in shares of Curtiss-Wright by 1.3% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 23,598 shares of the aerospace company’s stock worth $6,047,000 after purchasing an additional 311 shares in the last quarter. 1832 Asset Management L.P. raised its position in Curtiss-Wright by 4,028.8% in the 1st quarter. 1832 Asset Management L.P. now owns 7,019 shares of the aerospace company’s stock worth $1,796,000 after buying an additional 6,849 shares during the last quarter. Kingdon Capital Management L.L.C. lifted its stake in Curtiss-Wright by 16.1% during the 1st quarter. Kingdon Capital Management L.L.C. now owns 33,978 shares of the aerospace company’s stock valued at $8,696,000 after acquiring an additional 4,700 shares during the period. Tidal Investments LLC purchased a new stake in shares of Curtiss-Wright during the 1st quarter valued at about $329,000. Finally, Cetera Investment Advisers grew its stake in shares of Curtiss-Wright by 204.9% in the first quarter. Cetera Investment Advisers now owns 12,437 shares of the aerospace company’s stock worth $3,183,000 after acquiring an additional 8,358 shares during the period. Institutional investors own 82.71% of the company’s stock. Curtiss-Wright Stock Performance Shares of CW opened at $370.82 on Friday. Curtiss-Wright Co. has a 52 week low of $209.01 and a 52 week high of $393.40. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The stock has a market cap of $14.07 billion, a price-to-earnings ratio of 35.08 and a beta of 1.17. The business has a 50-day simple moving average of $348.89 and a two-hundred day simple moving average of $307.05. Curtiss-Wright Announces Dividend Insiders Place Their Bets In other news, VP John C. Watts sold 412 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Company insiders own 0.67% of the company’s stock. Analyst Ratings Changes Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Stifel Nicolaus downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a research note on Monday, November 18th. Alembic Global Advisors assumed coverage on Curtiss-Wright in a research report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective for the company. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Finally, Robert W. Baird upped their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $364.40. Read Our Latest Research Report on Curtiss-Wright Curtiss-Wright Company Profile ( Free Report ) Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. Featured Articles Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter .None
PHILADELPHIA (AP) — Jalen Hurts remained in the NFL's concussion protocol on Monday, limiting his ability to practice this week for the Philadelphia Eagles and casting doubt on his availability for Sunday's game against Dallas. If Hurts can't play, the Eagles would turn to backup Kenny Pickett — who suffered a rib injury and couldn't protect a big lead in a 36-33 loss to Washington — with third-stringer Tanner McKee on deck. The Eagles (12-3) need to win one more game over the final two to clinch an NFC East title and one of the conference's top two seeds. Coach Nick Sirianni gave no additional health update on Hurts but did say the QB who led the Eagles to 10 straight wins before he was forced out with the head injury wouldn't need much time this week to get ready against the Cowboys, if he was cleared. “Jalen knows how to prepare,” Sirianni said. “He knows how to get himself ready. He's a true pro." The Eagles are 9 1/2-point favorites over the division rival Cowboys (7-8), per BetMGM Sportsbook. Sirianni said the Eagles would lean on the medical staff on a daily basis to know where Hurts — who threw two touchdown passes and ran for a pair of scores in the first meeting against Dallas in November — was in his recovery from the head injury. Hurts was ruled out early at Washington after his head slammed against the ground on one run and he was hit in the helmet by Commanders linebacker Frankie Luvu at the end of another. “He's always done a good job of protecting himself both as a passer and a runner,” Sirianni said. “Any time you lose one of your best players, you wish they'd do something else or not take that hit." Hurts shook off a sluggish start over the first four games and has thrown 18 touchdowns against just five interceptions to turn the Eagles into Super Bowl contenders. “Every time there's a player out,” Sirianni said, “there's an adjustment to be made.” Saquon Barkley and the running game. Barkley was held to 41 yards after the first quarter but 150 yards is 150 yards and he still has a shot at NFL history. Barkley leads the NFL with 1,838 yards rushing and is 268 yards away from passing Eric Dickerson and his 2,105 yards for the Los Angeles Rams in 1984 for the season mark. Barkley is 162 yards shy of becoming the ninth player in NFL history with 2,000 yards rushing in a season. Backup QB. Pickett was 14 of 24 for 143 yards in relief, throwing a touchdown pass to A.J. Brown and an interception. Pickett played his first meaningful football in a year. The Eagles use McKee as the emergency QB, but the sixth-round pick in the 2023 draft could be in the mix if Hurts sat out against Dallas. Pickett is from New Jersey and said when he was acquired from Pittsburgh that he had “great memories” of going to games at Lincoln Financial Field with his dad and grandfather since he was 5. The chance to run out of the home team tunnel — which he could get Sunday if he's the starting QB — left him absolutely delighted. Story continues below video Pickett, a first-round pick out of Pitt in 2022, went 14-10 as a starter for the Steelers. “I was impressed by Pickett, honestly," Washington coach Dan Quinn said Monday. "I thought he threw the ball with good accuracy to the right spots. He’s a nice athlete (who can) move, so I can see why they would want him in that system. I thought he got outside and had good scramble ability. Wasn’t surprised they didn’t run the sneaks to go through that.” Zack Baun. The linebacker barely caused a ripple on the transactions wire in March but has been arguably the MVP of the defense. He forced a fumble in the third quarter that set up a score, one of five turnovers for the Eagles. He also had two tackles for losses. The No. 1 seed. The Eagles all but cost themselves a shot at the top spot in the NFC and a bye with the late-game collapse in Washington. The Eagles will clinch the division with a victory over the Cowboys or Giants and most likely will finish with the No. 2 seed. They are one game behind both the Detroit Lions (13-2) and the Minnesota Vikings (13-2) in the NFC standings. Eagles fans can still chant, “We're No. 1!” but it's a long shot. To clinch the No. 1 seed, the Eagles need to beat Dallas and the Giants. And the Lions need to lose their last two games against San Francisco (6-9) and Minnesota. And the Vikings needs to lose to Green Bay (10-4) and beat the Lions in Week 18. Should the status quo remain, the Eagles would host Washington in a playoff game. Beyond Hurts, edge rusher Josh Sweat left with an ankle injury and defensive tackle Jordan Davis limped off in the second quarter. ... Pickett said he had his ribs X-rayed and would undergo further testing. Sirianni had no update Monday on Pickett's condition. 1,000 — Brown became the first Eagles receiver to top 1,000 yards in three straight seasons since Mike Quick from 1983-85. The Eagles can clinch the division and a home playoff game with two lightweights left on the schedule, both at home. The Eagles play Dallas on Sunday in a game bumped to a 1 p.m. kickoff and end the season against the New York Giants. AP NFL: https://apnews.com/hub/nflFRANKFURT, Germany—Germany’s technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe, and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis, created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27 percent in its most recent quarter that ended this fall. Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27 percent over the first nine months of this year. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany. “The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers.” In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030. The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way. While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers Some 230,000 people work for Bosch’s mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.
Beyond Bank Australia leverages Cognizant's expertise to modernize IT infrastructure and enhance operational resilience. SYDNEY and TEANECK, N.J. , Dec. 11, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has announced a collaboration with Beyond Bank Australia , one of Australia's largest customer-owned banks, to help revolutionize the digital banking experience. The collaboration aims to enhance operational resilience, streamline processes and improve customer experience through the implementation of innovative technology solutions. Cognizant's engagement is expected to uplift Beyond Bank's End User Compute (EUC) teams, automate patching processes, enable self-service and extend the value of existing licenses. These initiatives aim to create an even more resilient and secure environment for Beyond Bank's operations. Additionally, this collaboration seeks to modernize the bank's IT infrastructure, establish a Security Operations Centre (SOC) and strengthen vendor assurance frameworks to help align with the Australian Prudential Regulation Authority (APRA) standards. Beyond Bank's digital transformation focuses on several key workstreams, including cloud and API architecture modernization and an enterprise-wide Windows 11 migration. These integrations will be designed to be flexible, scalable and secure technology ecosystems that enable the introduction of new products with enhanced speed to market, further preparing Beyond Bank for future growth. Cognizant will also help develop a comprehensive data and information management strategy for Beyond Bank. Leveraging AI, this strategy aims to optimize structured data from core banking systems and organize unstructured data from knowledge management sources for organization-wide insights, enabling more tailored services for its customers. Leveraging Cognizant's deep banking expertise, Beyond Bank will introduce new products and services designed to better serve a younger demographic, while simultaneously enhancing the overall service experience for all customers. "Our partnership with Cognizant is pivotal in advancing our digital transformation," said Stevie-Ann Dovico , Chief Information Officer, Beyond Bank Australia. "Their expertise allows us to modernize our IT infrastructure and enhance security, aligning with our values as a customer-owned bank. Cognizant's comprehensive approach makes them the ideal partner to help us better serve our customers." "Beyond Bank is a lighthouse client for us in the customer-owned banking sector," said Rob Marchiori , Australia Country Manager at Cognizant. "By enhancing their digital capabilities, we will help them provide better services to their customers and support paving the way for a resilient banking model that addresses current and future market demands." The customer-owned banking sector is navigating increased regulatory burdens, economic pressures, and the need for digital transformation. With increased cost-to-income ratios and net interest margins, banks need to modernize operations and enhance customer engagement through innovative technology. The collaboration between Beyond Bank and Cognizant highlights the importance of strategic partnerships in supporting innovation and maintaining service standards in the evolving financial sector. About Cognizant Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant. About Beyond Bank Australia Beyond Bank is one of Australia's largest customer-owned banks with branches and offices in New South Wales , South Australia , Western Australia , ACT and Victoria . We partner with more than 6000 community organisations around the nation to create and return value for our customers and communities. Beyond Bank is a B Corp, a business that is certified as meeting high standards of social and environmental impact, ensuring their practices benefit people, communities and our planet. To learn more, visit beyondbank.com.au For more information, contact: [email protected] Logo - https://mma.prnewswire.com/media/1794711/Cognizant_Logo_V1.jpg SOURCE Cognizant Technology SolutionsThitikul finishes eagle-birdie to win CME Group Tour Championship and claim record $4M prize
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