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ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. The Company expects its common stock will continue to be listed on the NYSE during the Plan Period, subject to the Company adherence to the Plan and compliance with other applicable NYSE continued listing standards. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission. Cautionary Note on Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected progress with the Company's compliance plan submitted to the NYSE, expected compliance with continued listing standards of the NYSE and expected continued listing of the Company's common stock on the NYSE. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, including the acquisition of Twilio's IoT business, changes in the assumptions underlying KORE's expectations regarding its future business; our ability to negotiate and sign a definitive contract with a customer in our sales funnel; our ability to realize some or all of estimates relating to customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. KORE Investor Contact: Vik Vijayvergiya Vice President, IR, Corporate Development and Strategy vvijayvergiya@korewireless.com (770) 280-0324 View original content to download multimedia: https://www.prnewswire.com/news-releases/kore-announces-nyse-acceptance-of-plan-to-regain-listing-compliance-302338621.html SOURCE KORE Group Holdings, Inc.Magnolia Bancorp, Inc. Announces Member Approval of Plan of Conversion; Conversion Expected to ...BOSTON — After weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey, elected officials are urging action to identify and stop the mysterious flights. This photo provided by Trisha Bushey shows the evening sky and points of light Dec. 5 near Lebanon Township, N.J. “There’s a lot of us who are pretty frustrated right now,” Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, said on “Fox News Sunday.” “'We don’t know’ is not a good enough answer,” he said. National security officials have said the drones don’t appear to be a sign of foreign interference or a public safety threat. But because they can’t say with certainty who is responsible for the sudden swarms of drones over parts of New Jersey, New York and other eastern parts of the U.S. — or how they can be stopped — has led leaders of both political parties to demand better technology and powers to deal with the drones. Sen. Chuck Schumer called Sunday for the U.S. Department of Homeland Security to deploy better drone-tracking technology to identify the drones and their operators. “New Yorkers have tremendous questions about it,” Schumer, the Senate Majority leader, told reporters about the drone sightings. “We are going to get the answers for them.” The federal government did little to answer those questions in its own media briefings Sunday morning. “There’s no question that people are seeing drones,” U.S. Homeland Security Secretary Alejandro Mayorkas told ABC’s George Stephanopoulos. “But I want to assure the American public that we are on it. We are working in close coordination with state and local authorities.” Some of the drones reported above parts of New York and New Jersey have turned out to be “manned aircraft that are commonly mistaken for drones,” Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter.” Last year, federal aviation rules began requiring certain drones to broadcast their remote identification, including the location of their operators. It’s not clear whether that information has been used to determine who is behind the drones plaguing locations over New York and New Jersey. Mayorkas’ office didn’t respond to questions about whether they’ve been able to identify drones using this capability. Schumer wants the federal government to use a recently declassified radio wave technology in New York and New Jersey. The radio wave detector can be attached to a drone or airplane and can determine whether another flying object is a bird or a drone, read its electronic registration, and follow it back to its landing place. Schumer said state and local authorities do not have the authority to track drones. On Sunday, New York Gov. Kathy Hochul said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over parts of New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over President-elect Donald Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia, according to news reports. Some U.S. political leaders, including Trump, have called for stronger action against these drones, including shooting them down. Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, Mayorkas said Sunday. “But we need those authorities expanded,” he said. A bill before the U.S. Senate would enhance some federal agencies’ authority and give new abilities to local and state agencies to track drones. It would also start a pilot program allowing states and local authorities to disrupt, disable or seize a drone without prior consent of the operator. “What the drone issue points out are gaps in our agencies, gaps in our authorities between the Department of Homeland Security, local law enforcement, the Defense Department.," said Rep. Mike Waltz, R-Fla., Trump’s pick to be his national security adviser, speaking on CBS’ “Face the Nation” on Sunday. "Americans are finding it hard to believe we can’t figure out where these are coming from.’’ Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Brooke Rollins, who graduated from Texas A&M University with a degree in agricultural development, is a longtime Trump associate who served as White House domestic policy chief during his first presidency. The 52-year-old is president and CEO of the America First Policy Institute, a group helping to lay the groundwork for a second Trump administration. She previously served as an aide to former Texas Gov. Rick Perry and ran a think tank, the Texas Public Policy Foundation. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. FILE - Former Rep. Doug Collins speaks before Republican presidential nominee former President Donald Trump at a campaign event at the Cobb Energy Performing Arts Centre, Oct. 15, 2024, in Atlanta. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Kash Patel spent several years as a Justice Department prosecutor before catching the Trump administration’s attention as a staffer on Capitol Hill who helped investigate the Russia probe. Patel called for dramatically reducing the agency’s footprint, a perspective that sets him apart from earlier directors who sought additional resources for the bureau. Though the Justice Department in 2021 during leak investigations, Patel said he intends to aggressively hunt down government officials who leak information to reporters. Trump has chosen former New York Rep. to serve as his pick to lead the . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social. The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025. Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt. Rep. Elise Stefanik is a and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. President-elect Donald Trump tapped former Sen. David Perdue of Georgia to be ambassador to China, saying in a social media post that the former CEO “brings valuable expertise to help build our relationship with China.” four years ago and ran unsuccessfully in a primary against Republican Georgia Gov. Brian Kemp. Perdue pushed Trump's debunked lies about electoral fraud during his failed bid for governor. A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Guilfoyle is a former California prosecutor and television news personality who led the fundraising for Trump's 2020 campaign and became engaged to Don Jr. in 2020. Trump called her “a close friend and ally” and praised her “sharp intellect make her supremely qualified.” Guilfoyle was on stage with the family on election night. “I am so proud of Kimberly. She loves America and she always has wanted to serve the country as an Ambassador. She will be an amazing leader for America First,” Don Jr. posted. The ambassador positions must be approved by the U.S. Senate. Guilfoyle said in a social media post that she was “honored to accept President Trump’s nomination to serve as the next Ambassador to Greece and I look forward to earning the support of the U.S. Senate.” Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump said Wednesday that he will nominate Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Kellogg, a retired Army lieutenant general who has long been Trump’s top adviser on defense issues, served as National Security Advisor to Trump's former Vice President Mike Pence. For the America First Policy Institute, one of several groups formed after Trump left office to help lay the groundwork for the next Republican administration, Kellogg in April wrote that “bringing the Russia-Ukraine war to a close will require strong, America First leadership to deliver a peace deal and immediately end the hostilities between the two warring parties.” (AP Photo/Mariam Zuhaib) Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Customs and Border Protection, with its roughly 60,000 employees, falls under the Department of Homeland Security. It includes the Border Patrol, which Rodney Scott led during Trump's first term, and is essentially responsible for protecting the country's borders while facilitating trade and travel. Scott comes to the job firmly from the Border Patrol side of the house. He became an agent in 1992 and spent much of his career in San Diego. When he was appointed head of the border agency in January 2020, he enthusiastically embraced Trump's policies. After being forced out under the Biden administration, Scott has been a vocal supporter of Trump's hard-line immigration agenda. He appeared frequently on Fox News and testified in Congress. He's also a senior fellow at the Texas Public Policy Foundation. Former Rep. Billy Long represented Missouri in the U.S. House from 2011 to 2023. Since leaving Congress, Trump said, Long “has worked as a Business and Tax advisor, helping Small Businesses navigate the complexities of complying with the IRS Rules and Regulations.” Former Georgia Sen. Kelly Loeffler was appointed in January 2020 by Georgia Gov. Brian Kemp and then lost a runoff election a year later. She started a conservative voter registration organization and dived into GOP fundraising, becoming one of the top individual donors and bundlers to Trump’s 2024 comeback campaign. Even before nominating her for agriculture secretary, the president-elect already had tapped Loeffler as co-chair of his inaugural committee. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Trump says he’s picking Kari Lake as director of Voice of America, installing a staunch loyalist who ran unsuccessfully for Arizona governor and a Senate seat to head the congressionally funded broadcaster that provides independent news reporting around the world. Lake endeared herself to Trump through her dogmatic commitment to the falsehood that both she and Trump were the victims of election fraud. She has never acknowledged losing the gubernatorial race and called herself the “lawful governor” in her 2023 book, “Unafraid: Just Getting Started.” Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. Trump has chosen Dr. Jay Bhattacharya to lead the National Institutes of Health. Bhattacharya is a physician and professor at Stanford University School of Medicine, and is a critic of pandemic lockdowns and vaccine mandates. He promoted the idea of herd immunity during the pandemic, arguing that people at low risk should live normally while building up immunity to COVID-19 through infection. The National Institutes of Health funds medical research through competitive grants to researchers at institutions throughout the nation. NIH also conducts its own research with thousands of scientists working at its labs in Bethesda, Maryland. Makary is a Johns Hopkins surgeon and author who argued against pandemic lockdowns. He routinely appeared on Fox News during the COVID-19 pandemic and wrote opinion articles questioning masks for children. He cast doubt on vaccine mandates but supported vaccines generally. Makary also cast doubt on whether booster shots worked, which was against federal recommendations on the vaccine. Nesheiwat is a general practitioner who serves as medical director for CityMD, a network of urgent care centers in New York and New Jersey. She has been a contributor to Fox News. Weldon is a former Florida congressman who recently ran for a Florida state legislative seat and lost; Trump backed Weldon’s opponent. In Congress, Weldon weighed in on one of the nation’s most heated debates of the 1990s over quality of life and a right-to-die and whether Terri Schiavo, who was in a persistent vegetative state after cardiac arrest, should have been allowed to have her feeding tube removed. He sided with the parents who did not want it removed. Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team. He announced he has chosen international trade attorney Jamieson Greer to be his U.S. trade representative and Kevin Hassett as director of the White House National Economic Council. While Trump has in several cases nominated outsiders to key posts, these picks reflect a recognition that his reputation will likely hinge on restoring the public’s confidence in the economy. Trump said in a statement that Greer was instrumental in his first term in imposing tariffs on China and others and replacing the trade agreement with Canada and Mexico, “therefore making it much better for American Workers.” Hassett, 62, served in the first Trump term as chairman of the Council of Economic Advisers. He has a doctorate from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. Johnson — not the Republican senator — served as ambassador to El Salvador during Trump's first administration. His nomination comes as the president-elect has been threatening tariffs on Mexican imports and the mass deportation of migrants who have arrived to the U.S.-Mexico border. Johnson is also a former U.S. Army veteran and was in the Central Intelligence Agency. Barrack, a wealthy financier, met Trump in the 1980s while helping negotiate Trump’s purchase of the renowned Plaza Hotel. He was charged with using his personal access to the former president to secretly promote the interests of the United Arab Emirates, but was acquitted of all counts at a federal trial in 2022. Trump called him a “well-respected and experienced voice of reason.” Ferguson, who is already one of the FTC's five commissioners, will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Get local news delivered to your inbox!Why Luke Lango sees stocks rising in December ... China bans exports to the U.S. of a key rare earth metal ... pricing challenges at MCD ... ADP jobs data ... and Apple partners with Coinbase It was a blistering November for stocks. The S&P 500 rose 5.73% and the Dow jumped 7.54%, marking their best monthly performance of 2024. Meanwhile, the Nasdaq climbed 6.21% for its largest gain since May. Where does the market go next? According to our tech expert Luke Lango, the answer is “even higher.” Let’s quickly tour through his four reasons, the first of which is “bullish seasonality.” From Luke: Since 1950, the stock market has risen about 80% of the time between Thanksgiving and the New Year. And for the past five years, the market rallied from Dec. 2 into the end of the year all but once. The second is “a dovish Fed”: The Federal Reserve will likely play the part of Santa, not the Grinch, later this month... It is widely expected to cut interest rates by 25 basis points at that upcoming meeting. But more important than the actual rate-cut decision will be Fed Board Chair Jerome Powell’s tone in the post-meeting press conference... [We think he will sound] dovish and signal that the cuts will keep coming. Third, Luke points toward “robust consumer spending”: It looks like this holiday shopping season will be quite a strong one. According to data from Mastercard ( MA ), Adobe Analytics, and Salesforce ( CRM ), the 2024 holiday shopping season is off to a record start... By some metrics, we’re looking at potentially the best holiday shopping season since Covid emerged more than four years ago. Finally, Luke highlights “falling inflation:” Reinflation fears have, in our view, been the one obstacle holding the market back in recent weeks – and rightfully so. For a while there, real-time measures of inflation had been reheating... But [Truflation’s U.S. Inflation Index] has slid to 2.7% over the past two weeks. This seems to suggest that the recent bout of reinflation has at least temporarily stalled. Put it altogether and Luke believes we’re in for a strong Santa Rally to end the year. This comes after what was an extraordinary November for Luke’s Innovation Investor subscribers. They locked in the following profits: We’re thrilled to highlight these wins for subscribers and couldn’t be prouder of Luke . Better still, if he’s right, more profits are on the way as we round out the year. Yesterday brought news that China has tightened its grip on two obscure yet indispensable elements that are cornerstones for next-gen technologies. Here’s Bloomberg with more: China ratcheted up trade tensions with the US with a ban on several materials with high-tech and military applications, in a tit-for-tat move after President Joe Biden’s government escalated technology curbs on Beijing. Gallium, germanium, antimony and superhard materials are no longer allowed to be shipped to America, the Ministry of Commerce said in a statement Tuesday. Beijing will also place tighter controls on sales of graphite, it added. This is important because these elements have a wide range of applications – from semiconductors, to satellites, to night-vision goggles, and beyond. Here’s a graphic illustrating how many industries rely on gallium. If you can’t see/read it, the takeaway is basically “all things tech.” After news broke yesterday, western-based rare-earth materials companies popped. For example, Las Vegas-based Mp Materials Corp ( MP ) shot up 11%, Canadian-based Ucore Rare Metals added 23%, and tiny Texas Mineral Resources Corp erupted 34% (and it’s up another 15% as I write Wednesday). This could serve as a preview of what’s on the way if Trump ratchets up the trade war with China. It risks putting upward pressure on inflation for related tech products in 2025 – a dynamic we’ve been warning about repeatedly here in the Digest . We’ll keep you updated as this story unfolds. In the wake of the pandemic and supply chain problems, McDonald’s raised prices as its input costs soared. You may recall last May when the president of McDonald’s U.S. business, Joe Erlinger penned an open letter, explaining why the average price of a Big Mac in the U.S. is 21% higher than in 2019. He pointed toward the company’s own higher costs. The problem is that these higher prices (which protected McDonald’s profit margins) have made the fast-food giant no longer affordable for a huge percentage of Americans. From Bloomberg : After decades of stagnant wages, depleted pandemic savings and the highest inflation since the disco era, many Americans are broke. So much so that in February, McDonald’s Chief Executive Officer Chris Kempczinski told investors that fewer “low-income consumers,” by which he means households earning $45,000 a year or less, are showing up for meals at McDonald’s. According to the latest Census Bureau data, roughly 28% of US households earn less than $45,000 a year. This translates into roughly 90 million Americans. Now, so far, this hasn’t made a dent in McDonald’s overall profitability. But at some point, the fast-food icon will have trouble passing along inflationary cost increases to protect its margins without kneecapping revenues. Back to Bloomberg : [If inflation rises], someone will have to pick up the tab. Companies shouldn’t assume it will be consumers, as McDonald’s has discovered... What is clear is that McDonald’s can no longer serve the broad public, as it always has, without absorbing some of the cost because a substantial portion of its customers have reached their spending limit. It’s a balance that many U.S. executives may have to navigate in 2025: Do you raise prices to protect margins, while risking raising them too high, resulting in fewer customers... or do you eat some of your higher input costs to keep customers happy, which means lower profit margins? At the end of the day, which will have the greatest positive impact on overall profitability? Keep in mind that analysts are projecting calendar year 2025 earnings growth of 15% and revenue growth of 5.7% for the S&P. That’s a lot. For context, for 2024, analysts project earnings growth of 12% and revenue growth of 4.7%. This is happening as the labor market tightens up, which could mean even tighter purse strings for some Americans, which brings us to our next story... ADP released its latest private payrolls report showing that U.S. businesses added 146,000 jobs on the month. That was shy of the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000. In positive news, wage growth accelerated by 4.8%, which was faster than October’s increase. Here’s ADP’s chief economist, Nela Richardson: While overall growth for the month was healthy, industry performance was mixed. Manufacturing was the weakest we’ve seen since spring. Financial services and leisure and hospitality were also soft. The more closely watched labor report from the Bureau of Labor Statistics comes out Friday. You’ll recall that its October release showed an increase of just 12,000 jobs. This was artificially lowered by the Boeing strike and hurricanes in the south. The estimate for November is 214,000 jobs. You can be sure the Fed will be watching closely as it tries to thread the needle between maintaining a healthy labor market and taming inflation. In what marks a momentous step into the mainstream, Apple announced that it’s partnering with crypto platform Coinbase to enable crypto purchases through Apple Pay in third-party apps. From CEO Today : The integration is part of Coinbase Onramp—a service designed to streamline the conversion of traditional currencies, such as USD, into digital assets like Bitcoin and Ethereum. The move signifies a turning point for the cryptocurrency ecosystem, as two major tech and financial players join forces to simplify the notoriously complex process of acquiring digital currencies. By leveraging Apple Pay’s widespread adoption and Coinbase’s crypto expertise, this partnership could redefine how consumers and developers interact with cryptocurrencies. Here’s more from Coinbase’s CEO, Brian Armstrong: This partnership is a game-changer. It eliminates many of the barriers that have kept average consumers from exploring cryptocurrencies. By integrating with Apple Pay, we’re bringing crypto to the fingertips of millions of users. We continue to be bullish on Bitcoin and the emerging “altcoin season.” If you missed yesterday’s Digest on altcoins, click here to catch it . Bottom line: We believe a tremendous amount of wealth will be made in the crypto sector in 2025. This latest news from Apple and Coinbase only adds to that conviction. We’ll end today by circling back to Luke’s bullishness at the start of the issue. Yes, there are reasons to maintain caution today, and we’ll continue highlighting them so that you’re not caught off-guard as we move into 2025. But we’re in a money-making market. So, until bullish momentum turns, stay invested. While it may or may not be a white Christmas, from the looks of it, it’ll be plenty green. Have a good evening, Jeff Remsburg

Horwich Showcase raises money for Fortalice in event3 Stocks to Watch as China Tightens Control Over Antimony Exports (MILIF, PPTA, UAMY) 12-06-2024 12:08 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire The U.S.-China trade conflict has reached a new level of intensity, with Beijing banning exports of critical minerals like gallium, germanium, and antimony to the United States. These materials, essential for advanced technologies and military applications, are now being leveraged as geopolitical tools in an escalating economic confrontation. Antimony in particular has drawn significant attention. This often-overlooked mineral plays a critical role in the defense sector, powering ammunition, infrared missile systems, and advanced batteries. Historically, antimony proved vital in World War II, hardening lead for bullets and enabling the production of tungsten steel. Today, it remains indispensable for national security and technological innovation. The stakes are high: China controls nearly 50% of global antimony mining and 80% of its production. With Beijing tightening exports, the United States faces a precarious reliance on foreign sources. This disruption is already rippling through supply chains, with antimony prices surging over 200% this year. For defense contractors like Lockheed Martin (NYSE: LMT), the implications are profound. As the largest defense contractor globally, Lockheed relies on stable access to advanced materials for key programs, including the F-35 fighter jet and missile defense systems. The current situation underscores the urgent need to diversify supply chains and reduce dependency on adversarial nations. Amid this crisis, several companies are stepping up efforts to secure alternative sources of antimony and other critical minerals. Let's examine a few key players addressing this challenge. Military Metals Corp. (OTCQB: MILIF) (CSE: MILI) Military Metals Corp. is emerging as a promising force in the critical minerals sector, strategically positioned to capitalize on the growing global demand for antimony, copper, and gold. Based in British Columbia, the company focuses on acquiring and developing mineral-rich properties in stable jurisdictions across Europe and North America. With recent acquisitions, a stronger leadership team, and a portfolio of high-potential projects, Military Metals is poised to make a significant impact on the critical minerals market. A notable development in late 2024 was the appointment of Mark Saxon to Military's Board of Directors. Saxon's 30 years of experience in exploration geology and leadership roles in Canadian and Australian public companies brings valuable technical and operational expertise to the team. CEO Scott Eldridge expressed enthusiasm for Saxon's addition, citing his track record with high-profile discoveries and his expertise in critical metals supply chains. Saxon's involvement with projects like the Sunday Creek antimony-gold discovery further strengthens Military's capacity to advance its asset base. The company also made a bold move in November with the acquisition of three brownfield mineral projects in Slovakia: Trojarova, Tienesgrund, and Medvedi. These properties, rich in antimony and gold, align with Military Metals' focus on critical resources essential for the defense, energy, and advanced manufacturing industries. Trojarova, the flagship project, features extensive historical exploration, including over 14,000 meters of drilling and substantial underground development. While past resource estimates were classified using the Soviet-era Russian system, they indicate strong potential for antimony and gold mineralization. Military Metals intends to modernize these estimates under NI 43-101 standards to validate the project's true value. Tienesgrund, another antimony-gold property in Slovakia, has a long history of mining activity dating back to the Middle Ages. Reports from the Soviet era document significant antimony grades alongside gold, with promising exploration upside confirmed by limited modern sampling. Military Metals is preparing to unlock the full potential of this underexplored property, which stretches over 13 square kilometers. In North America, the company has expanded its presence with the Last Chance antimony-gold property in Nevada. Located near Kinross' Round Mountain gold mine, Last Chance benefits from a mineralized system surrounded by favorable geology. Military Metals recently completed additional claim staking to secure control over this prospective area, with exploration plans set to begin in 2025. These acquisitions come at a pivotal moment for the antimony market. China's export restrictions, which escalated into a full ban on December 3, 2024, have sent antimony prices soaring by 228% this year alone. As the West grapples with supply chain disruptions for critical minerals, Military Metals' portfolio positions it as a reliable future supplier of antimony, a material vital to military applications, energy storage, and advanced manufacturing. Eldridge emphasized the company's role in addressing the West's dependency on adversarial nations for essential resources, underscoring the urgency of developing secure domestic supplies. With its seasoned leadership, well-timed acquisitions, and a focus on high-demand minerals, Military Metals Corp. is making strides toward becoming a key player in the critical minerals sector. As global tensions and supply chain pressures reshape resource markets, the company offers investors a compelling opportunity to gain exposure to a rapidly evolving and strategically vital industry. Perpetua Resources Corp. (Nasdaq: PPTA) is advancing the Stibnite Gold Project in central Idaho, a critical initiative focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits. The Stibnite Gold Project is one of the highest-grade open-pit gold deposits in the U.S., and uniquely, it's the only domestic source of mined antimony capable of meeting U.S. defense requirements for small arms, munitions, and missile systems. Perpetua is committed to a modern, sustainable mining approach, with plans to restore an abandoned mine site and produce both gold and antimony, vital for national security. To further this mission, the company has secured a $59.2 million Technology Investment Agreement under the Defense Production Act. This funding is intended to support the construction readiness and permitting of the project, which is expected to play a key role in strengthening U.S. defense and energy infrastructure. The project will be powered by one of the lowest carbon emissions grids in the U.S., aligning with Perpetua's environmental, social, and governance (ESG) commitments. Additionally, a portion of the antimony produced will be supplied to Ambri, a U.S.-based company developing liquid metal batteries essential for the low-carbon energy transition. In terms of regulatory progress, Perpetua Resources reached a significant milestone in 2024 with the U.S. Forest Service publishing the Final Environmental Impact Statement (FEIS) and issuing a Draft Record of Decision (DROD) for the Stibnite Gold Project. These approvals have moved the project closer to its final Record of Decision (ROD), which is expected by the end of 2024, subject to a 45-day resolution period. The company is also advancing engineering work and securing ancillary permits to ensure smooth progress toward construction. Financially, Perpetua recently raised $35 million through a public offering of 3.4 million common shares. The proceeds will be used for long-lead time materials, detailed engineering, and general corporate purposes, further positioning the Stibnite Gold Project for future success. With its focus on responsible mining, environmental stewardship, and community engagement, Perpetua Resources aims to contribute to both U.S. national security and the clean energy transition while revitalizing a historic mining site. United States Antimony Corporation (NYSE: UAMY) is a key player in processing critical minerals in North America, specializing in antimony products vital for defense, technology, and industrial applications. The company's operations span the U.S. and Mexico, producing antimony oxide, metal, and trisulfide. These materials are used in flame retardants, ammunition primers, batteries, and other high-demand sectors. In addition to antimony, USAC processes zeolite in Idaho and recovers precious metals at its Montana facilities, diversifying its product portfolio to support environmental, agricultural, and industrial needs. USAC recently expanded its presence in Alaska's Tok region, securing 24 additional mining claims covering 3,840 acres. This brings its total holdings in the state to 14,880 acres, positioning the company in an area known for rich antimony and multi-metal deposits. The expansion aligns with USAC's strategy to develop domestic sources of critical minerals, reducing reliance on imports and ensuring a steady supply for U.S. industries. The Tok claims offer not only stibnite-an essential antimony ore-but also access to historically significant gold, silver, and copper deposits. In its third-quarter results for 2024, USAC highlighted substantial operational improvements. The company achieved greater efficiency at its Bear River Zeolite facility and invested in key growth initiatives, including enhanced mining capabilities and expanded mineral processing operations. As the only North American antimony smelter, USAC is actively working to increase its production capacity while continuing its focus on integrating upstream and downstream operations. This strategic approach underlines USAC's commitment to securing critical mineral supplies for military and civilian industries, solidifying its role as a cornerstone in U.S. efforts to strengthen supply chain resilience. The company's integrated business model and expansion initiatives position it to address growing demand effectively while supporting national priorities. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Military Metals Corp. to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Media Contact Company Name: RazorPitch Contact Person: Mark McKelvie Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=3-stocks-to-watch-as-china-tightens-control-over-antimony-exports-milif-ppta-uamy ] City: NAPLES State: Florida Country: United States Website: https://razorpitch.com/ This release was published on openPR.

A man accused of digitally raping a colleague after a work Christmas party has said he was only reaching to grab a vape from her lap. Black Friday Sale Subscribe Now! Login or signup to continue reading All articles from our website & app The digital version of Today's Paper Breaking news alerts direct to your inbox Interactive Crosswords, Sudoku and Trivia All articles from the other regional websites in your area Continue The man, a public servant who has not been named to protect the woman's identity, is facing a trial accused of touching a colleague's breasts without her consent after a government department Christmas party in 2022. He is then accused of digitally raping her through her stockings while she drove him home . The man has pleaded not guilty to sexual intercourse without consent and committing an act of indecency without consent. He also denies an alternate count of committing an act of indecency without consent. Giving evidence in his ACT Supreme Court jury trial on Friday, he denied raping the woman and claimed that when she was driving, he "reached over and grabbed the [vape] on her lap and then puffed out the window". He said, "It was a bad decision to get a lift home", stating she was intoxicated at the time. The man told jurors that earlier on the night in question, he was at a bar with the woman when she confided "she was a bit insecure about her body". He said they discussed "double standards" for men and women in society before he asked: "You want me to touch your tits?" The man claimed she had replied: "Go for it." He told jurors he then consensually touched her breasts. "We just both laughed about it," he said. The man leaves court on a previous occasion. Picture by Hannah Neale Earlier this week, the woman told jurors her colleague had touched her breasts without consent, but she "didn't want to cause a scene". "I'm well aware that if I go to a pub, there is always something ... especially at work parties," she said. Giving evidence, she described the alleged rape as having occurred while she was driving the "drunk" man to his home. "I remember the lights turning red, and as I'm slowing down, I felt [him] reaching across," she told the jury. "He is licking my neck, and he is reaching over, and he has a hand up my dress. "My hand was busy changing gear, my foot was busy [on the clutch], and I was busy trying not to crash my car." The woman stated she "couldn't do anything" because she was "otherwise occupied" and had "swerved my car a little bit". The trial before Justice Louise Taylor continues. Support is available for those who may be distressed. Phone Lifeline 13 11 14; Canberra Rape Crisis Centre 6247 2525. Share Facebook Twitter Whatsapp Email Copy Hannah Neale Reporter Hannah is a reporter with The Canberra Times. She is currently covering ACT courts. Hannah started as a journalist with The Southern Highland News and The Goulburn Post before moving to the ACT. Hannah is a reporter with The Canberra Times. She is currently covering ACT courts. Hannah started as a journalist with The Southern Highland News and The Goulburn Post before moving to the ACT. More from Canberra 13 years ago six kinder kids were front page news. They just finished year 12 1hr ago No comment s Accused work Christmas party rapist claims he was only 'reaching for vape' 1hr ago How to play a fan-made Survivor series (from an unexpected challenge beast) 1hr ago No comment s Our safety nets have gaping holes. Who is going to fix them? 1hr ago No comment s Just beyond reach: the life and work of Carol Jerrems 1hr ago No comment s 'It's an exciting future': Jenni Tarrant starts her own charitable foundation 1hr ago No comment s Newsletters & Alerts View all DAILY Your morning news Today's top stories curated by our news team. Also includes evening update. 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Discounts for special groupsPenticton vaccine discrimination complaint against B.C. Union dismissedArticle content Times may be tough, but the toy season soldiers on, especially during the holidays, when gifts for kids top everyone’s Santa list. Recommended Videos This year’s top trends may be reflective of the difficult times consumers have been living through — kids today want to immerse themselves in a world of wonder, magic and anime. According the Toy Association , “mystical, magical, and supernatural toys” are the latest trends, if only to “transport kids and adults on an enchanting journey, blurring the lines between fantasy and reality.” The organization points out that, thanks to a resurgence of cultural interest in spooky, mystery and horror genres across movies, TV, and literature, “expect to see an array of toys that leverage new technologies, hidden features, secret codes and unfolding narratives that tap into our natural curiosity, explore the thrill of the unknown and lead kids to new discoveries.” What’s hot? The Toy Association reported that trends for 2024 include “eco-lasting play, eerie enchantment, vitamin P(lay) and anime mania.” This includes toys that fuel emotional intelligence, are screen-free and sports inspired. “Toys that not only promote physical fitness but stimulate creativity, healthy emotional expression and social interaction,” noted the site. “Play-based learning.” Other toy trends for 2024 see a decided shift from the big toys to more micro-sized collectibles and small projects — toys based on movie characters are skyrocketing (did anyone say dolls based on the smashing hit movie Wicked ?) Although people have been tightening their belts since the pandemic, research shows that revenue in the toys and hobby markets is expected to reach into the billions of dollars. In Canada, research from madeinca.ca noted that “Canadian toy and games sales generated almost $7.3 billion in retail store sales in 2022” and that the fastest growing toy categories were plush, outdoor and sports toys, games and puzzles. It should be noted about 75% of Canadians “still prefer to shop for toys and games in brick-and-mortar stores” and that Canadians were already toy bargain hunting in the early fall, looking for marked-down deals on last year’s bestselling toys. Juli Lennett, Circana’s vice-president and industry adviser for U.S. toys, reported on the Toy Book website that the market has remained “relatively stable (and) the industry continues to demonstrate resilience,” noting that this year’s standout toys include Pokemon, Squishmallows, Star Wars, Marvel, Barbie, LEGOIcons, Hot Wheels and Fisher-Price. According to NPD Group Canada, toy growth is coming from all across the industry and that the biggest growth is in the plush toy category, along with action figures and accessories. (We’re looking at you, Deadpool and Wolverine!) “This season, parents are looking for toys that will spark imagination, engage kids for repeat play and are durable,” said Shalin Shah, director of marketing and digital platforms for Mattel Canada. Some of the top toy names include Barbie, Hot Wheels Ultimate Garage, Fisher-Price and card games, she said, adding, “The spend on children’s toys really varies, (with) options for every price point.” RECOMMENDED VIDEO The top contenders? “Year after year, Lego remains a top contender on children’s Christmas wish lists,” said Ryan Campbell, an associate vice-president for kids fun at Canadian Tire. “Hot Wheels never goes out of style either. Finally, the classic Furby and its mini Furblets make for the perfect plush stocking stuffers. These interactive, harmonizing companions are as fuzzy as they are fun, guaranteed to delight kids of all ages.” Marisa Pedatella, manager of brand communications for Hasbro Canada, said fan and family brands include Transformers, Monopoly, Dungeons and Dragons, Magic: The Gathering, Peppa the Pig, Play-Doh and premiere collaboration brands (like Star Wars and Marvel from Disney) are also among the most popular. That said, no need to break the bank as there are “stocking stuffers and gifts under $30,” as well as creative play products, action toys, board games and pop culture-inspired merch — “gifts that are not only entertaining, but making learning fun.” As such, science, technology, engineering and math (STEM) toys and games continue to be in demand. TOP TOYS FOR 2024 According to Toys “R” Us Canada , this season’s top toys include: — Barbie Dreamhouse; — Little Live Pets Mama Surprise; — Nerf N Series Gear Up Pack; — Pac-Man Arcade Pinball; — Baby Annabell Active Doll; — VTech Go! Go! Smart Wheels Track Set; — Hot Wheels Monster Trucks; — Lite Bright Super Bright HD Hello Kitty; — Fisher-Price Thomas & Friends My First Train Table; — Lego Disney Stitch Buildable Kids’ Toy Playset.

Australian Venture Builder Hampton Capital Wins Coveted UNSW Innovation FundingCNN pundit Ana Navarro came in for some brutal social media mockery this week after she cited a fictional case to defend President Joe Biden’s recent pardon of his son, Hunter. Navarro, who is also a co-host on “The View,” took to X, formerly Twitter, on Monday to point out that Biden isn’t the first president to pardon family members. There are in fact some examples of this, as she noted: Bill Clinton’s pardon of his brother, Roger, and Donald Trump ’s pardon of his daughter’s father-in-law, Charles Kushner. But Navarro also pointed to Woodrow Wilson’s pardon of his brother-in-law, Hunter DeButts — who, by all accounts, is fictional. Woodrow Wilson pardoned his brother-in-law, Hunter deButts. Bill Clinton pardoned his brother, Roger. Donald Trump pardoned his daughter’s father-in-law, Charlie Kushner. And just appointed him Ambassador to France. But tell me again how Joe Biden “is setting precedent”? 🤣🤣 Users in the social media platform’s community notes section quickly noted there was no evidence of any person named Hunter DeButts being pardoned by Wilson. In addition, CheckYourFact.com did a deep dive to confirm that Navarro’s post about DeButts was factually inaccurate. Navarro was repeatedly criticized for presenting false information as factual, before she commented on her error on Tuesday afternoon, but her excuse may have been worse than the error. “Hey Twitter sleuths, thanks for taking the time to provide context. Take it up with Chat GPT...” she wrote, and added a laughing emoji. Hey Twitter sleuths, thanks for taking the time to provide context. Take it up with Chat GPT...😂😂😂 https://t.co/4OfMtb09xL pic.twitter.com/TiM2CNkPDw That post was also slapped with a community that noted that “ChatGPT” and other language models (LLMs) have been known to “hallucinate” details that are presented as fact, but are actually false. It’s an issue that has caused problems for others, such as a lawyer who faced sanctions last year after he used to ChatGPT to prepare a court filing for his client, only for the app to invent and cite cases that never happened. In addition, ChatGPT once put law professor Jonathan Turley on a list of legal scholars who had sexually harassed someone — using as its source a Washington Post article that didn’t exist. My God you have been using ChatGPT to write your “factual” tweets?! LMAO ... ChatGPT was your source? Are you insane? The correct response here was "My bad, Woodrow Wilson had no brother-in-law named Hunter deButts. I was lazy and farmed my tweet out to ChatGPT, and I've learned not to do that." But sure, you can act like we're supposed to feel silly for noticing that you posted pure nonsense. “I’m too lazy to do my own research” isn’t the stellar defense you may think. How much do you get paid to not even do the bare minimum I took it up with ChatGPT. pic.twitter.com/GPJaq8fmUy Don't let this be the end of the free press. The free press is under attack — and America's future hangs in the balance. As other newsrooms bow to political pressure, HuffPost is not backing down. Would you help us keep our news free for all? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. And you aren’t even embarrassed for erroneous sourcing. 😂 Some people felt obliged to continue the double entendre name trend started by the mention of DeButts. You forgot to mention President Ford, who famously pardoned his nephew Hugh Janus. What about Truman’s brother-in-law Hugh G. Rection or Warren Harding’s nephew Bruce “Barry” McCokiner? If ChatGPT told you President Daffy Duck pardoned his cousin Hugh G. Rection would you have just regurgitated that too? Related From Our PartnerPistons’ Cade Cunningham earns his first Eastern Conference Player of the Week award

ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Top trending stories from the past week. News, Sports, and more throughout the week. The week's obituaries, delivered to your inbox.

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ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Top trending stories from the past week. News, Sports, and more throughout the week. The week's obituaries, delivered to your inbox.

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