LPGA and USGA to require players to be assigned female at birth or transition before male puberty The LPGA and the USGA have updated gender policies that will require players to be assigned female at birth or to have transitioned to female before going through male puberty. The policies begin in 2025 and follow more than a year of study. The groups concluded that going through male puberty allows for competitive advantages in golf. The USGA has seven championships for females next year. The new policies rule out eligibility for Hailey Davidson. She missed U.S. Women's Open qualifying by one shot this year and tried LPGA Q-school. Davidson began hormone treatments when she was in her early 20s in 2015 and in 2021 underwent gender-affirming surgery, which was required under the LPGA’s previous gender policy. Miami's playoff hopes nosedive as Alabama rises in the latest College Football Playoff rankings Miami’s playoff hopes took a nosedive while Alabama’s got a boost in the last rankings before the College Football Playoff bracket is set next weekend. The Hurricanes moved down six spots to No. 12 after suffering their second loss of the season. They are one spot behind the Crimson Tide, who won won last week and moved up two spots to No. 11. Alabama is projected as the last team in and the fourth from the Southeastern Conference. Oregon stayed at No. 1 for the fifth straight week and will head into Saturday’s Big Ten title game as the only undefeated team in big-time college football. SEC and Big Ten powers lead the way on signing day as prospects finalize their college selections Georgia, Texas, Alabama, Oregon and Ohio State are bringing in the nation's top recruiting class as high school prospects across the country finalize their college plans. The identity of the No. 1 class according to composite rankings of recruiting sites compiled by 247Sports may not be determined until Friday because of the uncertainty surrounding a couple of top-10 prospects. But most top recruits already committed to a school well before the signing period arrived Wednesday. Juan Soto starting to eliminate teams from negotiations, agent Scott Boras says LOS ANGELES (AP) — Juan Soto is starting to drop teams from negotiations ahead of baseball's winter meetings next week. Likely to approach or set a record contract, the free agent slugger has met with the New York Yankees, New York Mets, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays. Soto's agent, Scott Boras, says the outfielder has “begun the process of eliminating teams” but he doesn't think a decision is “imminent” in the near future. A four-time All-Star, Soto finished third in AL MVP voting after hitting .288 with 41 homers, 109 RBIs and 129 walks this year to help the Yankees reach the World Series. He has a .285 career batting average with 201 homers, 592 RBIs and 769 walks. Falcons QB Cousins is looking to avoid interceptions, have bounce-back game in Minnesota homecoming FLOWERY BRANCH, Ga. (AP) — Kirk Cousins is set for his return on Sunday to Minnesota, his NFL home from 2018 through 2023. The homecoming comes as he is hearing speculation about his job security in Atlanta. Cousins has thrown six interceptions with no touchdowns in the Falcons’ three-game losing streak. That includes four picks in last week’s 17-13 loss to the Los Angeles Chargers, his most in a decade. A vote of confidence from coach Raheem Morris can’t silence suggestions that it’s time to give rookie first-round pick Michael Penix Jr. a chance to jump-start the Falcons’ struggling offense. Lindsey Vonn to make her comeback to downhill racing at age 40 this weekend Lindsey Vonn is going to enter an official ski race for the first time in nearly six years this weekend at age 40. Vonn announced last month that she was coming out of retirement and she will race lower-level FIS downhills and super-Gs on Saturday and Sunday in Copper Mountain, Colorado. Vonn needs some decent results to improve her long-dormant ranking so she can enter World Cup races this season under a new wild card rule. U.S. Ski Team head coach Paul Kristofic says that “obviously her history speaks for itself and she’s definitely the most decorated speed skier out there." He adds that "it will be really, really fun and interesting to see what she can do.” Liverpool's lead cut in Premier League and Man City ends slump. Chelsea and Arsenal win MANCHESTER, England (AP) — Liverpool’s lead at the top of the Premier League was cut to seven points after a 3-3 draw with Newcastle. Chelsea moved up to second by thrashing last-place Southampton 5-1, while Arsenal is third after a 2-0 win over Manchester United. Fourth-place Manchester City ended its seven-game winless run with a 3-0 victory over Nottingham Forest. Liverpool’s result will give hope to its title rivals after Fabian Schar’s 90th-minute equalizer at St James’ Park. Arsenal inflicted a first loss on new Man United head coach Ruben Amorim. High school recruiting isn't the only way to build a winner in the era of the transfer portal Texas A&M signed the nation’s top-ranked class three years ago believing it had built a potential national title contender. Plenty of players from that heralded 2022 class could indeed be participating in the first 12-team College Football Playoff this month. They just won’t be doing it for the Aggies. Texas A&M represents perhaps the clearest example of how recruiting and roster construction have changed in the era of loosened transfer restrictions. Coaches must assemble high school classes without always knowing which of their own players are transferring and what players from other schools could be available through the portal. Pro Picks: Falcons will upset the Vikings in Kirk Cousins' return to Minnesota Six division matchups and Kirk Cousins' return to Minnesota highlight a lighter Week 14 schedule. Six teams aren’t playing as the NFL wraps up its final week of byes before going to a full slate over the last four weeks. Two games feature the top two teams in the division. The Seattle Seahawks (7-5) visit the Arizona Cardinals (6-6) on Sunday in a battle for a tight race in the NFC West. The Kansas City Chiefs (11-1) host the Los Angeles Chargers (8-4) on “Sunday Night Football” with plenty of breathing room between the two teams in the AFC West. College football picks: 'Let's play two' a theme for handful of conference championship games No football coach would tell you he’s excited about the prospect of having to beat the same team twice in the same season. That will be the task for four teams in Football Bowl Subdivision conference championship games. The FCS-level Southwestern Athletic Conference game also is a rematch. Western Kentucky, Boise State, Miami and Georgia will be going for sweeps. Sportradar reports there have been 78 same-season rematches in the FBS since 2000. There have been 43 sweeps and 35 splits.Chief adviser Prof Muhammad Yunus and US National Security Adviser Jake Sullivan during a phone conversation on Monday expressed their commitment to respecting and protecting the human rights of all people, regardless of religion. Sullivan re-iterated the United States' support for a prosperous, stable, and democratic Bangladesh, and offered the United States' continued support in meeting the challenges Bangladesh faces, said a White House readout. Sullivan thanked Yunus for his leadership during the challenging period. Chief Adviser's Press Wing in a statement yesterday said both the leaders discussed issues of mutual interest. Sullivan praised him for the progress that the country has already made in turning around the economy and for initiating vital political, election, and other reforms. Sullivan thanked Prof Yunus for announcing the possible election dates, and he offered US support for the democratic process of the country. They also discussed the overall development situation in the country. Prof Yunus thanked the US for its generous support to Bangladesh in overcoming the inherited problems. He recalled his meeting with President Joe Biden and Secretary of State Antony Blinken during his visit to New York in September. Prof Yunus said he was expecting reports of six major reform commissions within January. After that, the consensus-building process will begin, so that the people are prepared for the reforms and elections. Chief adviser Prof Muhammad Yunus and US National Security Adviser Jake Sullivan during a phone conversation on Monday expressed their commitment to respecting and protecting the human rights of all people, regardless of religion. Sullivan re-iterated the United States' support for a prosperous, stable, and democratic Bangladesh, and offered the United States' continued support in meeting the challenges Bangladesh faces, said a White House readout. Sullivan thanked Yunus for his leadership during the challenging period. Chief Adviser's Press Wing in a statement yesterday said both the leaders discussed issues of mutual interest. Sullivan praised him for the progress that the country has already made in turning around the economy and for initiating vital political, election, and other reforms. Sullivan thanked Prof Yunus for announcing the possible election dates, and he offered US support for the democratic process of the country. They also discussed the overall development situation in the country. Prof Yunus thanked the US for its generous support to Bangladesh in overcoming the inherited problems. He recalled his meeting with President Joe Biden and Secretary of State Antony Blinken during his visit to New York in September. Prof Yunus said he was expecting reports of six major reform commissions within January. After that, the consensus-building process will begin, so that the people are prepared for the reforms and elections.
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PAP must continue to represent all Singaporeans, earn strong mandate in next GE: DPM Heng
B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of CF Industries Holdings, Inc. ( NYSE:CF – Free Report ) during the third quarter, Holdings Channel reports. The firm purchased 19,557 shares of the basic materials company’s stock, valued at approximately $1,678,000. Other large investors have also added to or reduced their stakes in the company. Swedbank AB purchased a new stake in CF Industries during the first quarter valued at about $19,824,000. Envestnet Portfolio Solutions Inc. grew its stake in shares of CF Industries by 17.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company’s stock valued at $3,724,000 after buying an additional 7,294 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of CF Industries by 286.0% during the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company’s stock valued at $2,866,000 after buying an additional 25,516 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of CF Industries during the second quarter valued at about $4,710,000. Finally, Bayesian Capital Management LP bought a new position in shares of CF Industries during the first quarter valued at about $2,384,000. Hedge funds and other institutional investors own 93.06% of the company’s stock. Insider Activity In related news, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, VP Ashraf K. Malik sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 19,201 shares of company stock worth $1,727,694. Insiders own 0.42% of the company’s stock. Wall Street Analysts Forecast Growth Read Our Latest Report on CF Industries CF Industries Stock Performance Shares of CF opened at $89.81 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $91.06. The company has a 50-day simple moving average of $85.04 and a two-hundred day simple moving average of $79.20. The firm has a market capitalization of $15.63 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.97. CF Industries ( NYSE:CF – Get Free Report ) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business posted $0.85 earnings per share. CF Industries’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year. CF Industries Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.23%. CF Industries’s payout ratio is 31.65%. About CF Industries ( Free Report ) CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Recommended Stories Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. ( NYSE:CF – Free Report ). Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter .Save Big on a New Dell Monitor This Black Friday
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Dozens of us crowd around the coffee shop’s tables, eyes glued to our phones, waiting for something — anything — to come through. Our cube-shaped bags clutter the floor of the Tim Hortons at Dundas St. W. and Spadina Ave., a popular waiting spot for food delivery couriers. An occasional “ping” cuts through the idle chatter, jolting us to attention. I snatch my phone, hoping for a notification — but my screen is blank. It’s another courier’s order and he’s already bolting out the door, bag in hand. It’s my first week working as an courier and despite it being peak time for deliveries on a Thursday afternoon, I haven’t received an order in over three hours. I turn to the driver next to me. Is my app malfunctioning or am I doing something wrong? After all, the app’s city map shows I’m in a “hot spot,” a high-demand area during high-demand hours. He shrugs. He spent $10 on his to the city, he tells me, and has only made $8 on Uber Eats all day. “Too many drivers and not enough orders,” he says. Toronto’s sidewalks and congested streets have never felt more crowded with food couriers. Spurred by a pandemic surge in delivery app usage, the food courier workforce has ballooned, increasingly made up of newcomers and for whom few other job options exist. In 2023 alone, Statistics Canada says the workforce for delivery apps like Uber Eats grew by a . Toronto Star reporter Ghada Alsharif spent six weeks working as a Uber Eats food courier. In taking a job as a delivery worker for Uber Eats, the city’s most popular food delivery app, I joined the ranks of an oversaturated workforce, where on any given night, a surplus of food couriers outnumbers the available orders. Behind the boom lies a troubling trend: couriers’ pay and behaviour are governed by opaque algorithms that determine wages based on hidden criteria. Using artificial intelligence technology, these platforms keep drivers tethered to the app, waiting unpaid for their next order. For drivers, the results are unpredictable and too often unfair. Data obtained by the Star shows Uber Eats’ platform can offer two food couriers different wages for the exact same trip. Labour advocates charge that the app collects data on driver behaviour and can use it to decide who it can pay at a lower rate, allowing the company to pocket the difference and boost its revenue. This concept is widely referred to as algorithmic wage discrimination. “The app has total control over how a worker gets paid,” says Veena Dubal, a University of California law professor whose research focuses on the gig economy. “Minimum wage and the idea that hard work should lead to economic security, can be — and are being — destroyed by these A.I. systems.” The Ontario government’s legislation aimed at for digital platform workers won’t take effect until 2025 — and even then, workers say it will fail to address the most of gig work. Uber says my experience as a food courier “was atypical” and didn’t match that of an average Toronto delivery driver. The company denies allegations of algorithmic wage discrimination, stating that it does not use a driver’s “past behaviours” to determine who it can pay at a lower rate. Uber says it’s transparent with drivers about potential earnings. The company says delivery workers choose the platform for its flexibility and their ability to “earn money on their own terms.” I worked as an Uber Eats courier for six weeks. I wanted to understand the costs behind the convenience of app-based delivery and gain insight into how gig work is evolving as algorithms call the shots. Many of the food couriers I worked alongside were young international students struggling to earn an income while they make their way through school. Others were refugees or undocumented workers, navigating precarious lives. Of the dozens of workers I spoke with, almost none of them have permanent status in Canada. Most were afraid to speak openly about their experiences with Uber Eats or other apps they deliver for out of fear of jeopardizing their livelihoods. I rented an electric bike and set out to complete at least 100 orders. The goal was to collect independent data that could shed light on how drivers’ wages are determined. But I soon discovered I’d get far fewer orders than expected, a struggle many couriers say is becoming all too common. After my first 20 hours on the Uber Eats app as a food courier, I made just $28.98. In my first weeks delivering food there were hours and even days when I wouldn’t get a single order. Hot spots on the app could change at any moment. When I followed the prompts and biked to one of these locations, like in Liberty Village, it vanished the moment I arrived. A new hot spot appeared on the other end of the downtown core at Yonge and Dundas, nudging me to wait on sidewalks crowded with couriers competing for the same jobs. The more time I spent on the app, the more I felt like a player in a game where I couldn’t figure out the rules. But every courier I met had their own theory on how to beat the game. Some swear by logging in and out of the app to trigger more orders. Others insist on keeping the app open at all times without interruption. Many advise ignoring the heatmap altogether and heading to quieter areas with less competition. Some say to keep biking around instead of waiting in one spot for too long — “the app will think you’re taking a break,” they say. One thing became clear: chasing orders was part of the job. “This is the gamification of work,” said , economist and director of the think tank Centre for Future Work. Employing and data scientists, Uber has talked about how the company has experimented with video game techniques and other tactics to incentivize drivers to stay on the road for more hours. However, Uber told the Star this characterization was “misleading,” and that its data science team was “focused on making offers more transparent and improving the Uber Eats app.” As soon as I logged into the app, I was met with flashing heat maps signalling high demand areas, performance goals tied to rewards programs and countdown timers pressuring me to accept rides while I was in the middle of biking in rush hour traffic. I noticed that I was more likely to get orders if I was constantly on the move. To test this theory, I logged on to the app and stayed in a hot spot for seven hours. Not a single order came through. When asked about this experience, Uber Eats said it “does not require a delivery person to be moving to receive trips.” I changed my strategy and biked in circles around the city during peak lunch and dinner hours. More orders came in this way than when I’d stop and wait at hot spots. Over six weeks, I spent 140 hours and 22 minutes on the app in search of work. But I was paid only for 15 hours and 49 minutes — the time Uber Eats determined I was actively delivering orders. One courier I met on the road was a 28-year-old from India who had been delivering food for over a year trying to pay off his MBA tuition. Unable to find a steady job, he worked on multiple delivery apps, but said it wasn’t uncommon to go six hours between receiving orders. Sometimes, he earned less than $10 over an eight-hour workday. “I’m OK to do hard work, but I’m not making any money,” said the driver. What are the conditions like as a food delivery courier? Toronto Star reporter Ghada Alsharif spent six weeks delivering Uber Eats to find out. Like most of the couriers I spoke to, he asked not to be quoted by name for fear that he will face repercussions from delivery platforms or jeopardize his chances of finding better opportunities in the future. Having work appear scarce creates a sense of competition that makes drivers less selective of what orders they take, said labour relations lawyer Ryan White of Cavalluzzo LLP. “This feeling of scarcity might lead delivery workers to think, ‘If I don’t take this assignment, even if it’s not an assignment I want ... someone else is going to,’ ” White said. Uber spokesperson Keerthana Rang said it’s “difficult to comment on experiences a specific delivery person has because many factors play a role in earnings, like time of day, demand in the area, weather.” Delivery workers “control where and when they work, they are free to use other apps at the same time as they’re on Uber, choose which deliveries to accept, and they can deliver using their own vehicle, by bike, or on foot.” I felt anything but in control. As I spent more time on the app, another change occurred. Instead of simply allowing me to “accept” an order immediately, the app started prompting me to request to “match” with it, meaning the app would first determine whether I was the best fit for the delivery before giving me the job outright. More often than not, I’d lose the match to another driver. The power to choose was not mine. Uber says “there are a number of factors that determine how a match is made, including the proximity to the merchant and estimated delivery times.” One driver suggested I rush to the restaurant as soon as I got a “match” request, in a bid to be the closest to the location when the app made its decision — more guessing, more waiting. Often, after a few match requests were given to other drivers, finally receiving an order I could accept felt like a small victory — one that kept me eager and engaged. Control for drivers is an illusion — it’s really “all in the hands of the apps,” White said. “Workers don’t get to determine their terms and conditions of employment and they don’t get to set the prices that they’re working for.” Toronto was the first city in the world where Uber Eats operated, launching onto the food delivery scene in 2015. On a bitter February evening in 2022, a group of Uber Eats delivery workers gathered at Wychwood Barns Park near St. Clair Ave. W. and Christie St. Soaked in freezing rain, they huddled together to test an algorithm that had become their boss. They ran a simple experiment: logging into the app simultaneously mere inches apart, they strived to document how pay varied for identical orders. When one driver received an order, they took a screenshot capturing the pay and details before declining the job. If one of the other drivers was then offered the order, they did the same thing, creating a side-by-side comparison. The Star analyzed the data of six delivery workers collected by Gig Workers United, a network of app-based couriers advocating for better workers’ rights. Out of 21 assignments offered to at least two drivers in the group, all but one — 95 per cent — revealed pay discrepancies for the same job. For one delivery, from a Harvey’s at St. Clair and Bathurst to a location near Casa Loma, the first driver was offered $6.81. The second was offered $6.18 — a nearly 10 per cent pay difference for the same delivery. In many cases, the pay difference for identical deliveries was less than 10 cents, an amount that may go unnoticed. But given the thousands of drivers and orders around the world, if Uber were to “skim off a few cents” from each delivery, the difference could result in “millions ... of dollars in profit across millions of rides globally,” Dubal said. Dubal has spent more than a decade researching the ride-hailing and gig economy and how these platforms affect workers’ rights, livelihoods and legal protections. Her research, which includes interviews with drivers and analysis of their pay patterns, has found the business model the couriers participate in ultimately relies on an imbalance of power and information. Artificial intelligence technology determines what an Uber Eats worker gets paid. Platforms like Uber use these complex algorithms to streamline customer service while maximizing profits and also dictating worker pay, speed and behaviour. It has fostered a system, Dubal says, where workers performing the same task with the same skills under identical conditions can receive different pay. Dubal’s research documented this alleged algorithmic wage discrimination among rideshare drivers in the San Francisco Bay area, comparing the fares they received to what other drivers got. The data from the Toronto food couriers’ experiment, she says, adds to a growing body of evidence that “proves that Uber Eats has created a system where workers do not earn the same amount even if they’re doing the exact same thing.” “This upends the notion that there should be and is an assumption of equal pay for equal work.” Uber has denied the app uses an individual worker’s past behaviour to set different wages. “Uber Eats does not send lower-paying upfront offers to a delivery person with a history of accepting them. Anything written in your story otherwise would be false,” Rang said. The Uber spokesperson said that any variation of earnings between drivers for the same trip “is likely due to the technical limitations of GPS. “GPS Satellite visibility, location settings, and device orientation are some of the reasons why phones next to each other might have different geolocation results.” According to Dubal and Stanford, Uber Eats is applying a concept similar to one it popularized: consumer price discrimination, sometimes called dynamic or surge pricing, where customers are charged different prices based on what companies think they’re willing to pay. Now, critics say it appears it’s being used to set couriers’ wages. This raises serious concerns, particularly given the vulnerable demographics of many workers, Stanford said. Among the couriers I spoke with was a refugee from Eritrea unable to work legally in Canada, who said he had no choice but to rely on income from food delivery apps despite earning dismal wages. “I do this or I die,” he said. In February, Uber reported its first annual net profit since the company went public in 2019. The company booked a net profit of $1.9 billion in 2023, compared with a loss of $9.1 billion in 2022. Uber says the company’s “profitability has come from the ever-growing volume of trips, which has resulted in our revenues growing faster than our costs.” Hours after announcing its first-ever annual profit, Uber’s CEO told investors on a conference call that the company is increasingly focused on offering drivers’ orders and rides based on their “behavioural patterns.” “I think what we can do better is targeting different trips to different drivers based on their preferences, or based on behavioural patterns that they are showing us,” said CEO Dara Khosrowshahi, saying it will lead to shorter wait times for customers, happier drivers and a more efficient system. “That is really the focus going forward: Offering the right trip, at the right price to the right driver.” Landed immigrants accounted for nearly 60 per cent of people who provided either personal transport or delivery services through an app or platform in 2023, according to data from Statistics Canada. Toronto was the first city in the world where Uber Eats operated, launching onto the food delivery scene in 2015. Uber was competing against other companies such as DoorDash and Hurrier. To ensure there were enough couriers available at all times to meet customer demand, delivery platforms offered workers incentives to keep engaging with their apps. Companies offered “boosts,” which multiplied courier earnings if they delivered food in areas seeing a surge in demand, recalls Brice Sopher, who has spent nearly a decade as a bike courier in Toronto. “Uber paid so well in the beginning that you didn’t even care about tips — it was that good,” said Sopher, who is also the vice-president of Gig Workers United. When the pandemic hit, the use of online food delivery platforms surged as customers were confined to their homes and restaurants shuttered their doors. In June 2020, Uber scrapped a payment structure that had offered couriers clear pay based on pickups, drop-offs, distance and time. It was replaced by algorithmic pricing. Drivers could no longer see how their base pay was being calculated. For example, I have no way of knowing why a 2.5-kilometre delivery earned me $4.06 before tip, while a nearly identical 2.3-kilometre delivery paid $6.08. Uber maintains the changes made wages more transparent. Before accepting a delivery, drivers can see fares, including estimated tip, trip distance, estimated time to completion and locations for pick-up and drop off. “The delivery person is in control in determining whether they wish to choose or decline the offer,” Uber’s spokesperson said. The upfront fare and estimated time calculated by the app often failed to account for delays beyond my control, from waiting for food that wasn’t ready at the restaurant to climbing flights of stairs at a condo tower because the elevators were down. When these incidents happened, my deliveries took longer but my pay stayed the same — this meant I would be earning less money per hour. Uber said it aims to “minimize delivery person wait time by adjusting expected merchant preparation time based on actuals.” Demographics of the gig-economy workforce have also changed. Data shows that the surge of ride-hailing and delivery gig workers has been driven largely by newcomers. Landed immigrants accounted for nearly 60 per cent of people who provided either personal transport or delivery services through an app or platform in 2023, according to data from Statistics Canada. One courier I spoke with, a 19-year-old university student from India, came to Canada in search of a good education and better living standards. Instead, he says he’s barely scraping by, struggling to pay his tuition at Niagara College. These days, he considers himself lucky to make $50 on a weekend shift. He searched for work for six months. “When I couldn’t find anything I started doing Uber (deliveries) full-time,” he said. With low barriers to entry, app-based delivery jobs can be appealing to newcomers who are often shut out of other jobs in the labour market, Stanford said. High levels of immigration “combined with the weakening of the labour market, means there are more people willing to do this lousy work than there were two years ago,” he said. “They’re desperate and the platforms take advantage of that.” Over six weeks, I hustled to complete 56 orders. I spent more than 140 hours glued to the app and biking around the city in hopes of coaxing an order out of an algorithm, and made just $243.82, plus another $73 and change in tips. This money is being donated to charity. In the end, I earned a shocking $1.74 per hour online. Uber says the average delivery person in Toronto is engaged four times more on an hourly basis than I was during my six-week experiment. And the company reports that the median driver earnings in Toronto in late 2023 was $33.35 per “engaged hour.” Uber says earnings “must be calculated against engaged time” because a delivery person can have multiple food-delivery apps open at once to optimize their earnings. Even by that standard, my earnings fell short. I made approximately $15.41 per engaged hour before tips, below Ontario’s $17.20 minimum wage. The per-hour pay fluctuated on each order. For one delivery, I made the equivalent of $34 per hour. On another, a paltry $6.95 per hour. In fact, on roughly half of the orders I delivered, I earned the equivalent of less than minimum wage. The effort didn’t even cover my expenses. Renting an e-bike alone cost me $460 for those six weeks. Food-delivery apps keep drivers tethered to the phones, waiting unpaid for their next order. The Ontario government has brought forward legislation meant to improve working conditions for gig workers such as food couriers and ride share drivers. The Digital Platform Workers’ Rights Act will require companies to provide workers with a description of how their wages are calculated, and will guarantee gig workers earn minimum wage — but only for engaged hours. But the legislation, introduced in 2022, does not come into effect until summer 2025. “It is important that the government get this right, which includes consulting with workers, digital platforms, the legal sector, and other affected stakeholders,” a spokesperson for the Ministry of Labour said. Some cities have taken steps to regulate platforms such as Uber. City staff had recommended limiting how many drivers could work for the app-based ride-hailing companies at 80,429. That proposal is now in doubt. City staff had recommended limiting how many drivers could work for the app-based ride-hailing companies at 80,429. That proposal is now in doubt. Earlier this month, Toronto city staff the number of rideshare licences in a bid to address the ride-hailing industry’s negative impacts on traffic, emissions, and public transit. A staff report concluded that drivers’ median income, when accounting for all the time spent on the app, was just $5.97 an hour after costs such as fuel and insurance — a figure Uber disputes. The city’s executive committee voted to to the drawing board. Other cities, such as New York City, have focused on guaranteed wages for drivers. By paying drivers a guaranteed wage, Stanford said the hope is that this will dissuade companies from courting a surplus of workers to compete for orders. Critics say that delivery apps for years have gotten around paying drivers minimum wage by misclassifying gig workers as independent contractors — excluding workers from the full set of rights they would otherwise be entitled to as employees. Organizations like Gig Workers United and RideFair TO have been advocating for gig workers to be classified as employees, which would grant them access to essential benefits, including employment insurance and minimum sick days. App companies have pushed back saying this would undermine couriers’ flexibility to work across multiple platforms and to set their own schedules. Sopher, who has worked on more than one app at once, described the experience as “degrading.” “It’s like working two or more jobs at the exact same time and still not making enough money,” he said. “You only do it because you have to.” In Uber’s 2023 annual report, the company said its business “would be adversely affected if drivers were classified as employees, workers or quasi-employees instead of independent contractors.” Dubal warns that the ripple effects of this algorithm-driven system, in which drivers have minimal protections, extend far beyond food delivery. This same technology is already playing a significant role in managing jobs in some distribution warehouses, from scheduling shifts to assigning tasks and even reportedly firing employees. For six weeks, I knew I had the option to log off whenever I wanted, to step away from the relentless chase for orders. But for a growing number of workers, their primary — often sole — source of income is determined by an app, with wage rates and assignments beyond their control. Sopher, who has all but given up on delivery work, fears that if companies like Uber continue to misclassify delivery workers “you’re going to have a permanent two-tier employment regime in Ontario.” “It’s all of the worst parts of being an employee and all the worst parts of being an independent contractor rolled up in one.”
10-man Barcelona concedes two late goals in draw at Celta VigoStock market today: Wall Street ends little changed after giving up a big morning gain
SMETHPORT: Hamlin Memorial Library to host Christmas partyFed's Powell: US economy is envy of the world, I'm going to do everything to keep it there US November ISM services 52.1 vs 55.5 expected US November ADP employment +146K vs +150K expected ECB's Lagarde: Inflation expected to temporarily rise in Q4 and decline next year Beige Book: Fed districts deport slight growth, rising business optimism for 2025 US October factory orders +0.2% vs +0.2% expected Fed's Musalem: Time may be approaching to slow or pause rate cuts Fed's Barkin: I'm encouraged by where inflation is headed French government loses no-confidence vote French President Macron aims to name new Prime Minister swiftly if government falls ECB's Nagel: I favor a gradual, cautious approach to rate cuts ECB's Makhlouf: Asked about 50 bps cut, says he prefers to move cautiously EIA weekly crude oil inventories -5073K vs -671K expected US November S&P Global final services PMI 56.1 vs 57.0 prelim Canada November S&P Global Services PMI 51.2 vs 50.4 prior Canada Q3 labour productivity -0.4% vs -0.2% prior OPEC+ might extend cuts to six months but cuts won't be deeper - report Markets: Gold up $6 to $2649 US 10-year yields down 4 bps to 4.18% WTI crude down $1.05 to $68.88 GBP leads, AUD lags S&P 500 up 0.6% to fresh record There were a series of crosscurrents in markets today and it was a busy day of news. In terms of data, the ISM services number was softer and it weighed on the US dollar broadly. That helped to boost the euro to a session high of 1.0544 and the pound to 1.2721. Those gains faded in part because Powell struck a more-hawkish tone, while the French political news had little effect. However the dollar bounce ran against the mode in other markets as Treasury yields started the day high and sagged, with 10s falling 10 bps intraday. US stocks were also bid but that didn't lend much support for AUD, which as beaten up in Asian trading. Eyes are on OPEC+ ahead of tomorrow's meeting but the market is clearly worried as crude fell $1 in US trading. Crack spreads have weakened and that was one factor that was cited. USD/JPY rebounded after six days of declines and climbed as high as 151.22 but was mostly tracking down in US trade and fell to 150.00 before bouncing from the big figure to 150.64. Powell may have helped firm up that intraday bottom and the Beige Book was slightly better than the prior edition and highlighted post-election optimism. The crypto market was choppy with some large outperformance in the alt-coins that was later joined by bitcoin as it has another look at $100,000. The nominated SEC commissioner is friendly towards the industry and that likely helped late-day BTC bids.Photo: Contributed Kristy Dyer, whose column Sustainability Spotlight usually appears in this spot every second week, is on an extended leave. Her column is expected to return in the spring. This is the first of a two-part series about renewable natural gas by our new climate action columnists Janet Parkins and Eli Pivnick. The second part wil appear Jan. 7. According to FortisBC, renewable natural gas is a low-carbon energy that can help B.C. reach its climate action goals and provides an option for its customers to reduce overall greenhouse gas emissions. But what is it really? The name “renewable natural gas” is a marketing term coined in North America to describe methane gas produced from biological waste. Outside North America, it is more accurately known as “biomethane”. RNG is methane gas, chemically identical to fossil natural gas, sourced from decaying organic material. Nearly all available RNG is created in landfills, sewage treatment plants and livestock manure ponds on large industrial farms. When animal waste and trash decay in the absence of oxygen, the microbes that break them down produce gases that contain methane. The methane can be captured, purified and pumped into a pipeline. In the pipeline, RNG is indistinguishable from its fossil fuel counterpart. Burning RNG produces the same amount of carbon dioxide (CO2) as fossil gas. It’s only considered a “carbon-neutral” fuel because its source materials are already considered to be “in” the atmosphere. FortisBC's goal is to have 75% of the gas in its system be renewable, or low-carbon, by 2050. That could prove to be unrealistic. Natural Resources Canada found nationally sourced RNG can only supply 3.3% of our natural gas needs. To meet its target, FortisBC plans to purchase about 70% of its RNG from the Eastern U.S., Alberta and Ontario by 2030, in the form of credit-like “environmental attributes” for RNG made in other places. The process is renewable gas is created and used by a gas utility, which sells that gas to its customers as fossil gas. FortisBC sells an equivalent amount of fossil gas, using the purchased carbon neutral “attribute” from the renewable gas produced elsewhere to brand its fossil gas as “renewable.” This is a confusing process, currently has no independent agency or system oversight to ensure FortisBC and other gas utilities aren’t double counting the carbon neutrality of RNG at both the source and use locations. FortisBC’s proposed largest future RNG suppliers use uncommon production practices. One is injecting high-pressure steam at extremely hot temperatures (above 8,000 C) into waste, producing a mix of gases called “syngas” or synthesis gas, which is then processed again with heat to produce pure methane for RNG. Energy is lost at each step of the process. Another method is similar in the use of high-steam and high-heat, but uses waste wood, losing about half the initial wood energy in the process. That technology is untested at a commercial scale and research on non-RNG wood biomass plants in B.C. has found evidence companies sometimes use whole, previously live trees rather than wood waste. FortisBC lists two Ontario cities among its largest future RNG suppliers—Greater Napanee and Hamilton. As of March 2024, Greater Napanee was not aware of the proposed project, and no permit applications had been submitted. The Hamilton project was to begin producing renewable natural gas in 2023, but in 2019 Hamilton city councillors unanimously rejected the proposal and later signed a contract with another company to collect its waste until 2028. Beyond its existing contracts, FortisBC’s prospects of buying cheap, plentiful RNG from elsewhere appear slim because FortisBC must compete with utilities in Quebec, New York, Nevada, Massachusetts and Washington state that have pitched RNG to their customers as a way to decarbonize. RNG is methane produced from biological sources and so it is, in theory, renewable. Compared to fossil methane (natural gas) it is very limited in supply and will never be able to provide more than a very small portion of our needs. Janet Parkins is a member of Frack-Free BC and Climate Action Now! North Okanagan. This article is written by or on behalf of an outsourced columnist and does not necessarily reflect the views of Castanet."RAPIST MAKER" Prosecutors have requested a 16-year jail term for Jerome V, a 46-year-old who also sought to take part in the abuse six times. His lawyer Gaele Guenoun warned the court against making an example of her client. She said Jerome V, a grocery store employee, had admitted to rape during his six visits and apologised to Gisele Pelicot. But, she argued, he had "fallen into Dominique Pelicot's net", describing the main defendant as a "rapist maker". The attorney of another co-defendant Redouane A., who has rejected accusations he committed rape during his two visits, asked for him to be acquitted instead of jailed for 12 years as requested by the prosecution. Henri Amr spoke of his 40-year-old client's "emotional, social and sexual misery". He said the defendant - who he described as "psychotic" and having suffered from "mental retardation" since childhood - had been "manipulated" by Dominique Pelicot after meeting him online into believing he was taking part in a couple's fantasy. "Doped up on pornographic images, this man believed him. He believed him and returned a second time," he said. Lead prosecutor Laure Chabaud last week rejected this argument of so-called consent by proxy as one "from another era". UNDERSTOOD "SHE HAD BEEN DESTROYED" Gisele Pelicot, who has since divorced her husband but kept his surname for the trial, was listening attentively in court on Wednesday after a day's absence. She sometimes appeared irritated by some of the arguments. She has become a feminist icon at home and abroad for demanding that the trial be open to the public to raise awareness, arguing that the perpetrators of sexual abuse - not their victims - are the ones who should be ashamed. Closing arguments in the case are scheduled to run to Dec 13, with a verdict expected on Dec 20. Unlike her counterparts, the lawyer of a fourth man who is accused of rape only once, Fabien S, did not seek to shift all the blame on Dominique Pelicot.
Molecular Templates Announces Notice of Delisting and Failure to Satisfy Continued Listing Rules
The explosive growth of the artificial intelligence (AI) market has minted a lot of millionaires. For example, a modest $3,000 investment in the AI chipmaker Nvidia just 10 years ago would be worth nearly $1.5 million today. But with a market cap of $3.6 trillion, it could be tough for Nvidia to replicate those millionaire-making gains over the next decade. Therefore, investors looking for those kinds of life-changing returns should seek out smaller companies that have more room to grow. I believe these three companies -- Symbotic (NASDAQ: SYM) , Serve Robotics (NASDAQ: SERV) , and Lemonade (NYSE: LMND) -- might just make the cut. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » 1. Symbotic Symbotic produces fully autonomous robots for processing pallets in warehouses. It claims a $50 million investment in just one of its modules (which includes its robots and software) can generate $250 million in lifetime savings over 25 years. Its top customer is Walmart , which tasked the company with automating all of its U.S. regional distribution centers over the next decade. That deal accounted for 88% of Symbotic's revenue in fiscal 2023 (which ended last September). Walmart is also one of Symbotic's leading investors. Symbotic is overwhelmingly dependent on Walmart, but it's been gaining additional major customers like Target , Albertsons , and C&S Wholesale. It's also providing more robots to GreenBox, a new warehouse-as-a-service joint venture it launched with its big backer SoftBank last year. Symbotic's revenue jumped 55% in fiscal 2024, and analysts expect its top line to keep growing at a compound annual growth rate (CAGR) of 32% over the next two years as it continues to fulfill its long-term deal with Walmart and lock in new customers. Analysts also expect it to turn profitable on a generally accepted accounting principles ( GAAP ) basis in 2025. With an enterprise value of $3.1 billion, Symbotic's stock still looks cheap at 1.3 times this year's sales. It faces some near-term macro and competitive headwinds in the warehouse automation space, but it might just become a millionaire-maker stock over the next few years. 2. Serve Robotics Serve Robotics develops autonomous sidewalk delivery robots. It was originally created as a unit of Postmates, which was acquired by Uber Technologies in 2020. Uber spun off Serve in 2021, but it still uses its robots to fulfill some of Uber Eats' orders in Los Angeles. Serve still generates all of its revenue from Uber, and it only operated 59 active robots across the Los Angeles area in the third quarter of 2024. But in 2025, it plans to deploy up to 2,000 robots for Uber Eats across the L.A. and Dallas-Fort Worth metro areas. For 2024, analysts expect Serve to generate less than $2 million in revenue as it racks up a net loss of $34 million. But in 2025, they expect its revenue to jump to $13 million as it narrows its net loss to $31 million. In 2026, they see its revenue more than quadrupling to nearly $60 million as it narrows its net loss to $25 million. We should take those estimates with a grain of salt, but Serve's business could start gaining momentum as more businesses use its robots to make short-range deliveries. That growth could help it attract more customers to reduce its dependence on Uber. With an enterprise value of $379 million, Serve doesn't seem terribly expensive at 6 times its 2026 sales. It remains a highly speculative stock, but it could still have plenty of upside potential and counts Nvidia as one of its top investors. 3. Lemonade Lemonade is an online insurance company that simplifies the onboarding and claims process with its AI-powered chatbots. That simple digital-first approach made it popular with younger and first-time insurance buyers, and more than 70% of its customers were under the age of 35 at the time of its initial public offering in 2020. It initially only offered renters and homeowners insurance, but it now offers term life, pet health, and auto insurance policies. It ended its latest quarter with 2.31 million customers, compared to just over 1 million customers at the end of 2020. For 2024, Lemonade expects its in-force premiums to rise 26%, its gross earned premiums to grow 22%-23%, and its total revenue to increase 21%-22%. It also sees its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improving from negative $173 million in 2023 to negative $151 million-$155 million in 2024. Lemonade hasn't proven its business model is sustainable yet, but it's growing much faster than its larger competitors. With an enterprise value of $2.9 billion, it trades at just 4 times next year's sales -- so it might generate millionaire-maker gains if it scales up its business, narrows its losses, and widens its moat. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $380,291 !* Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,278 !* Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,003 !* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon. See 3 “Double Down” stocks » *Stock Advisor returns as of November 18, 2024 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lemonade, Nvidia, Serve Robotics, Target, Uber Technologies, and Walmart. The Motley Fool has a disclosure policy . 3 Millionaire-Maker Artificial Intelligence (AI) Stocks was originally published by The Motley FoolAir Canada to bar carry-on bags for lowest-fare customersFacebook Twitter WhatsApp SMS Email Print Copy article link Save UNITY TOWNSHIP, Pa. — The team looking for a missing Pennsylvania woman believed to have fallen into a sinkhole has determined that an abandoned coal mine is too unstable for people to safely search underground, authorities said Wednesday while still expressing hope Elizabeth Pollard will be found alive. Rescue workers continue to search for Elizabeth Pollard, who is believed to have disappeared in a sinkhole while looking for her cat, Wednesday in Marguerite, Pa. Emergency crews and others have been trying to find Pollard, 64, for two days. Her relatives reported her missing early Tuesday and her vehicle with her unharmed 5-year-old granddaughter inside was found about two hours later, near what is thought to be a freshly opened sinkhole above the long closed, crumbling mine. Authorities said in a noon update that the roof of the mine collapsed in several places and is not stable. The sinkhole is in the village of Marguerite, about 40 miles east of Pittsburgh. “We did get, you know, where we wanted, where we thought that she was at. We’ve been to that spot," said Pleasant Unity Fire Chief John Bacha, the incident's operations officer. “What happened at that point, I don’t know, maybe the slurry of mud pushed her one direction. There were several different seams of that mine, shafts that all came together where this happened at.” People are also reading... The real reason Corvallis' Pastega Lights moved to Linn County City officials admit Corvallis' flag is 'bad.' Will it change? OSU football: Three takeaways from Oregon State's loss at Boise State Prosecutor: Driver on laughing gas caused double fatal in Sweet Home UPDATED: GAPS teacher strike NOT off after talks over returning to the classroom break down OSU women's basketball: Marotte takes a more aggressive approach on offense Recently made-over park sees this change after Albany got an earful Corvallis chemical manufacturer eyes Albany for expansion Agreement reached (again), GAPS teachers get new contract OSU football: Boise State's pass rush is formidable Strike to end, GAPS reaches tentative deal with Albany teachers Philomath moves forward following July Nazi flag controversy A false start: GAPS strike continues after district, teachers announce deal Philomath's Lumos among 6 wineries suing Pacific Power over wildfires OSU women's basketball: Beavers earn home win over Grambling State Trooper Cliff Greenfield said crews were still actively searching for Pollard. “We are hopeful that she’s found alive,” Greenfield said. Searchers were using electronic devices and cameras as surface digging continued with the use of heavy equipment, Bacha said. Search dogs may also be used. Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, Tuesday in Marguerite, Pa. On Wednesday afternoon, machinery was removing material from the area around the hole while police and other government vehicles blocked a clear view of the scene. Sinkholes occur in the area because of subsidence from coal mining activity. Rescuers had been using water to break down and remove clay and dirt from the mine, which has been closed since the 1950s, but that increased the risk “for potential other mine subsidence to take place," Pennsylvania State Police spokesperson Trooper Steve Limani said. Crews lowered a pole camera with a sensitive listening device into the hole, but it detected nothing. Another camera lowered into the hole showed what could be a shoe about 30 feet below the surface, Limani said. Searchers have also deployed drones and thermal imaging equipment, to no avail. Marguerite Fire Chief Scot Graham, the incident commander, said access to the immediate area surrounding the hole was being tightly controlled and monitored, with rescuers attached by harness. The top of a sinkhole is seen Tuesday in the village of Marguerite, Pa., where rescuers searched for a woman who disappeared. “We cannot judge as to what’s going on underneath us. Again, you had a small hole on top but as soon as you stuck a camera down through to look, you had this big void,” Graham said. “And it was all different depths. The process is long, is tedious. We have to make sure that we are keeping safety in the forefront as well as the rescue effort.” Bacha said they were “hoping that there’s a void that she could still be in.” Pollard's family called police at about 1 a.m. Tuesday to say she had not been seen since going out at about 5 p.m. Monday to search for Pepper, her cat. The temperature dropped well below freezing that night. Her son, Axel Hayes, said Pollard is a happy woman who likes going out to have fun. She and her husband adopted Hayes and his twin brother when they were infants. Hayes called Pollard “a great person overall, a great mother” who “never really did anybody wrong.” He said at one point Pollard had about 10 cats. “Every cat that she’s ever come in contact with, she has a close bond with them,” Hayes said. His mother worked for many years at Walmart but recently was not employed, he said. “I’m just hoping right now that she’s still with us and she’s able to come back to us,” he said. Police said they found Pollard's car parked behind Monday's Union Restaurant in Marguerite, about 20 feet from the sinkhole. Hunters and restaurant workers in the area said they had not noticed the manhole-size opening in the hours before Pollard disappeared, leading rescuers to speculate that the sinkhole was new. “It almost feels like it opened up with her standing on top of it,” Limani said. Searchers accessed the mine late Tuesday afternoon and dug a separate entrance out of concern that the ground around the sinkhole opening was not stable. “Let’s be honest, we need to get a little bit lucky, right?” Limani said Wednesday. “We need a little bit of luck on our side. We need a little bit of God’s good blessing on our side.” Pollard lives in a small neighborhood across the street from where her car and granddaughter were located, Limani said. The young girl “nodded off in the car and woke up. Grandma never came back," Limani said. The child stayed in the car until two troopers rescued her. It's not clear what happened to Pepper. From field to fork: how America's farming revolution affects your plate and wallet From field to fork: how America's farming revolution affects your plate and wallet In an era of rapid technological advancement and environmental change, American agriculture is undergoing a revolution that reaches far beyond the farm gate. From the food on consumer plates to the economic health of rural communities, the transformation of U.S. farming practices is reshaping the nation's landscape in ways both visible and hidden. LandTrust explores how these changes impact everyone, whether they live in the heartland or the heart of the city. The Changing Face of American Farms The image of the small family farm, while still a reality for many, is increasingly giving way to larger, more technologically advanced operations. According to the USDA, the number of farms in the U.S. has fallen from 6.8 million in 1935 to about 2 million today, with the average farm size growing from 155 acres to 444 acres. This shift has profound implications for rural communities and the food system as a whole. Despite these changes, diversity in farming practices is on the rise. A landmark study published in Science , involving data from over 2,000 farms across 11 countries, found that diversifying farmland simultaneously delivers environmental and social benefits. This challenges the longstanding idea that practices boosting biodiversity must come at a cost to yields and food security. Technology Revolution on the Farm The adoption of precision agriculture technologies is transforming how farmers manage their land and resources. GPS-guided tractors, drone surveillance, and AI-powered crop management systems are becoming commonplace on many farms. These technologies allow farmers to apply water, fertilizers, and pesticides with pinpoint accuracy, reducing waste and environmental impact while improving yields. However, the digital divide remains a challenge. More than 22% of rural communities lack reliable broadband internet access, hindering the widespread implementation of AI and other advanced technologies in agriculture. The Economic Tightrope: Challenges Facing Modern Farmers While technology offers new opportunities, farmers are also facing significant economic challenges. The USDA's 2024 farm income forecast projects a 4.4% decline in net farm income from 2023, following a sharp 19.5% drop from 2022 to 2023. This financial pressure is compounded by rising production costs and market volatility. Climate variability adds another layer of complexity. Extreme weather events, changing precipitation patterns, and shifting growing seasons are forcing farmers to adapt quickly. These factors could reduce agricultural productivity by up to 25% over the coming decades without significant adaptation measures. But adapting requires additional financial resources, further straining farm profitability. Diversification: A Lifeline for American Farms In the face of these challenges, many farmers are turning to diversification as a strategy for resilience and profitability. The Science study mentioned earlier found that farms integrating several diversification methods supported more biodiversity while seeing simultaneous increases in human well-being and food security. Agritourism is one popular diversification strategy. In 2022, 28,600 U.S. farms reported agritourism income, averaging gross revenue of $44,000 from these activities. Activities like farm tours, pick-your-own operations, and seasonal festivals not only provide additional income but also foster a deeper connection between consumers and agriculture. From Farm to Table: The Consumer Connection The changing face of agriculture is directly impacting consumers. The rise of farm-to-table and local food movements reflects a growing interest in where our food comes from and how it's produced. If every U.S. household spent just $10 per week on locally grown food, it would generate billions of dollars for local economies. However, the larger challenges in agriculture can also lead to price fluctuations at the grocery store. The USDA's Economic Research Service projects that food-at-home prices will increase between 1.2% and 2.2% in 2024. The Future of Farming: Opportunities and Innovations Looking ahead, several innovations are poised to reshape agriculture: Sustainable farming practices : Cover cropping, no-till farming, and precision agriculture are gaining traction. These practices can reduce soil erosion by up to 90% compared to conventional tillage. Genetic engineering : CRISPR and other gene-editing technologies offer the potential to develop crops with enhanced nutritional profiles and resistance to pests and diseases. Alternative protein sources : The market for plant-based and lab-grown meat alternatives is projected to reach $30 billion by 2030. Conclusion: A Call to Action The transformation of American agriculture affects everyone, from the food we eat to the health of our environment and rural communities. Consumers have the power to support sustainable and diverse farming practices through our purchasing decisions. As citizens, they can advocate for policies that support farmers in adopting innovative and sustainable practices. The challenges facing agriculture are complex, but they also present opportunities for innovation and positive change. By understanding and engaging with these issues, everyone can play a part in shaping a more resilient, sustainable, and equitable food system for the future. This story was produced by LandTrust and reviewed and distributed by Stacker. Get local news delivered to your inbox!
ENPH Investors Have Opportunity to Lead Enphase Energy, Inc. Securities Fraud Lawsuit
Terrell Owens isn't thrilled with Deebo Samuel's play for the San Francisco 49ers this season. Owens, who spent the first eight seasons of his career with the 49ers, called out Samuel this week for not playing up to his usual standards. "Deebo is not really playing up to Deebo's standards," Owens said , ( first transcribed by Sports Illustrated ). "It seems like he's more focused on his pregame attire than the game. If we can shift that focus, maybe that can energize and create some more production from an offensive standpoint. I'm just being tongue-in-cheek with that." George Gojkovich/Getty Images Samuel has had a bit of a down season in 2024, compiling 33 receptions for 490 yards and a touchdown. He didn't do that much against the Seahawks this past Sunday, posting only four receptions for 22 yards and no touchdowns. In fact, Samuel hasn't gone over 100 receiving yards since October 10 when he had three receptions for 102 yards and a touchdown in the first matchup against the Seahawks. The 49ers won that game before the Seahawks went to San Francisco on Sunday and won on the road in the final seconds. Owens wants to see more from Samuel since the 49ers find themselves in the thick of the playoff race. They're 5-5 through their first 10 games and are only a game behind the Arizona Cardinals for first in the NFC West. The 49ers will need to run the table down the stretch if they want to make the playoffs. Their next game will be this Sunday against the Green Bay Packers. Kickoff will be at 4:25 p.m. ET. Related: Christian McCaffrey Has Message For 'Instagram Doctors' After Returning From InjuryKBC Group NV lifted its holdings in Surgery Partners, Inc. ( NASDAQ:SGRY – Free Report ) by 31.8% in the 3rd quarter, Holdings Channel reports. The firm owned 2,385 shares of the company’s stock after acquiring an additional 576 shares during the period. KBC Group NV’s holdings in Surgery Partners were worth $77,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale increased its holdings in Surgery Partners by 102.0% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 2,723 shares of the company’s stock worth $80,000 after buying an additional 1,375 shares in the last quarter. Quarry LP boosted its holdings in shares of Surgery Partners by 133.1% during the 2nd quarter. Quarry LP now owns 3,082 shares of the company’s stock valued at $73,000 after acquiring an additional 1,760 shares during the last quarter. Creative Planning bought a new stake in shares of Surgery Partners in the third quarter worth approximately $258,000. Versor Investments LP bought a new position in Surgery Partners during the third quarter valued at approximately $271,000. Finally, MeadowBrook Investment Advisors LLC lifted its position in Surgery Partners by 15.9% during the second quarter. MeadowBrook Investment Advisors LLC now owns 12,320 shares of the company’s stock valued at $293,000 after purchasing an additional 1,690 shares during the period. Surgery Partners Trading Down 1.5 % Surgery Partners stock opened at $23.01 on Friday. Surgery Partners, Inc. has a 12-month low of $21.36 and a 12-month high of $36.92. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of -48.67, a P/E/G ratio of 16.71 and a beta of 2.76. The firm has a 50 day moving average of $30.02 and a 200 day moving average of $28.37. The company has a current ratio of 1.80, a quick ratio of 1.66 and a debt-to-equity ratio of 0.99. Analyst Upgrades and Downgrades A number of brokerages have weighed in on SGRY. Royal Bank of Canada decreased their target price on shares of Surgery Partners from $49.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating and set a $43.00 price objective on shares of Surgery Partners in a research report on Friday, October 4th. Benchmark reissued a “buy” rating and issued a $50.00 target price on shares of Surgery Partners in a research report on Monday, August 26th. Macquarie reaffirmed an “outperform” rating and set a $34.00 price target on shares of Surgery Partners in a research report on Tuesday. Finally, Citigroup dropped their price objective on shares of Surgery Partners from $38.00 to $36.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.71. View Our Latest Research Report on Surgery Partners About Surgery Partners ( Free Report ) Surgery Partners, Inc, together with its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company provides ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including orthopedics and pain management, ophthalmology, gastroenterology, and general surgery. Read More Want to see what other hedge funds are holding SGRY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Surgery Partners, Inc. ( NASDAQ:SGRY – Free Report ). 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LAS VEGAS (KTNV) — The Golden Knights go head-to-head against the Montreal Canadiens for the first time this season this Saturday at 4 p.m. Bonjour 😁📺: Vegas 34📲: KnightTime+📻: FOX Sports Las Vegas 98.9/1340 | Deportes Vegas 1460📰: https://t.co/GOujUILu1P pic.twitter.com/3iEcKfFXYP — Vegas Golden Knights (@GoldenKnights) November 23, 2024 The head coach Bruce Cassidy reached his 400th win as a NHL coach with Thursday's victory. Brett Howden signed a five-year contract extension through the 2029-30 NHL seaso on Friday, Nov.22. Jack Eichel is tied for the fifth in NHL scoring with 29 points (6G, 23A). VGK won the first game of their five-game road trip against the Ottawa Senators, 3-2, on Thursday at the Canadian Tire Centre. KEYS TO THE GAME: Head coach Bruce Cassidy says it's important to allow the players to get comfortable in their play and not put yourself in a situation where you are chasing the game.( MENAFN - AFP) Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene -- but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn. The domestic supply chain and low-price strategy that helped make China's EV car industry world-leading are being leveraged by established automakers and start-ups alike, aiming to similarly transform trucking. Electric trucks currently represent less than one percent of truck sales worldwide, according to the International Energy Agency (IEA) -- with China making up 70 percent of those sales in 2023. But the agency said it was "optimistic" policy and technology developments would see more widespread adoption in the next 10 years. "This industry, I believe, is ripe for disruption," Han Wen, the founder of start-up Windrose, told AFP on a factory floor as the company's first vehicles for delivery were assembled behind him. Fleets of electric heavy goods vehicles from China have been growing internationally, even as Western countries target the country's EV cars with heavy sanctions. Chinese companies like BYD and Beiqi Foton have shipped trucks to countries including Italy, Poland, Spain and Mexico, and have opened assembly plants around the world. "China's trucks are generally cost-competitive in emerging markets," Stephen Dyer, from consulting firm AlixPartners, told AFP. "For mature markets, performance and durability do not yet meet the needs of most customers, but that is changing." When it comes to emissions, "heavy-duty trucks are considered one of the more difficult to abate transport segments (after aviation and shipping)", IEA analyst Elizabeth Connelly told AFP. - Battery issues - A major challenge is the trade-off between battery size and range. "The larger the battery, the longer the range. But the larger the battery, the heavier the truck... and the worse the fuel economy," Connelly said. Chinese manufacturers have been seen as producing lower quality products than foreign counterparts. "Historically, Chinese trucks tended to have a shorter useful lifecycle than European or Japanese trucks," AlixPartners' Dyer told AFP. While that perception is changing, China's flagship companies still lag rivals on factors like range and battery capacity. According to the Zero-Emission Technology Inventory, the median Chinese heavy duty truck range is 250 kilometres (155 miles), compared with 322 km in the United States. BYD -- which in October beat Tesla in quarterly revenue for the first time -- says its 8TT model's range is 200 kilometres, compared with the 800 kilometres promised by Tesla's Semi truck. But Chinese manufacturers could close the gap quickly. Han's Windrose says its semi-trucks can go up to 670 kilometres on a single charge. Meanwhile, battery giant CATL has rolled out truck battery-swapping facilities -- where drained units can be immediately replaced, eliminating charging time altogether. China's existing EV ecosystem is a massive advantage. "We're very lucky to have the Chinese supply chain (for EVs)," said Han, noting Windrose was using an electric bus company's factory to build its trucks. "There's no doubt that China also will have an edge on the electrification of heavy-duty trucks." - 'Not normal times' - More unpredictable are the testy geopolitical waters the sector risks stalling in. This year has seen important trading partners including the European Union and the United States impose hefty tariffs on Chinese EV cars, saying Beijing's state aid to automakers undercut their own firms. China refutes this, but as its EV truck footprint grows globally, so could the risk of similar action being taken. "Governments in potential export markets want to protect their local industries," Sam Fiorani, at AutoForecast Solutions, told AFP. US President-elect Donald Trump has promised huge tariff hikes on Chinese imports once he takes office. "Since EV truck volume is smaller than passenger EVs, there is a chance that EV trucks would fall a little under the radar in normal times," AlixPartners' Dyer said. But "these are not 'normal times' anymore and anything Chinese is high profile in the US government currently", he added. Some companies have already taken steps that could mitigate this risk. BYD proudly touts its trucks as being "assembled by union workers in Lancaster, California", while it has announced plans to build a factory in Mexico, and has plants in Hungary and Romania. Windrose's Han told AFP the firm has consciously spread its operations across multiple countries, moving key headquarters to Belgium earlier this year. "We do embrace the fact that every major market would like its own domestic supply chain of EV," he told AFP. But he added: "You have to start in China. We then try to move the supply chain globally... But you have to start in China. There's no alternative." MENAFN14122024000143011026ID1108993555 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. 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