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Release time: 2025-01-25 | Source: Unknown
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The New York Jets are turning to one of their former general managers to help them find their next GM and head coach. The franchise announced Monday that The 33rd Team, a football media, analytics and consulting group founded by former Jets GM Mike Tannenbaum, will assist team owner Woody Johnson in the searches. Tannenbaum and Rick Spielman, former GM of the Miami Dolphins and Minnesota Vikings, will be The 33rd Team's primary representatives in helping find replacements for former coach Robert Saleh and GM Joe Douglas. The 33rd Team was founded in 2019 by Tannenbaum as a media and technology company. In their announcement, the Jets said The 33rd Team will help identify and vet GM and coach candidates and coordinate interviews. Douglas was fired last Tuesday , the latest shakeup for a franchise that had Super Bowl aspirations with a healthy Aaron Rodgers at quarterback but has limped to a 3-8 start and appears likely to miss the playoffs for a 14th consecutive year. Phil Savage, a senior football adviser with the Jets since 2019, will serve as the interim general manager for the rest of the season. The firing of Douglas came exactly six weeks after Johnson fired Saleh as coach on Oct. 8 after the Jets were 2-3 to open the season. New York has since gone 1-5 under defensive coordinator Jeff Ulbrich, who was tabbed as the interim coach. The Jets are coming off their bye-week break and will host the Seattle Seahawks on Sunday. The franchise has plenty of questions to answer over the next several months, including decisions on their next general manager and coach — and the future of Rodgers. The four-time NFL MVP turns 41 next week, has dealt with leg issues all season and is off to the worst statistical start of his career. Tannenbaum and Spielman will help the Jets find the people to help Johnson and brother Christopher make those key decisions. Johnson took a similar approach in 2015, the last time the Jets hired a general manager and coach in the offseason. Former NFL GMs Charley Casserly and Ron Wolf worked as consultants for the team, which hired Mike Maccagnan as GM and Todd Bowles as coach. Tannenbaum, currently an analyst for ESPN, has first-hand familiarity with Johnson and the franchise. He worked in the Jets' front office for nine years before being promoted to general manager and serving in that role from 2006 to 2012. Tannenbaum helped build the 2009 and 2010 Jets teams that went to the AFC championship game in consecutive seasons under coach Rex Ryan. Ryan, who last coached the Jets in 2014 and also is currently an analyst for ESPN, recently has been lobbying on air for a return to New York's sideline. Tannenbaum also was Miami’s executive vice president of football operations from 2015 to 2018. Spielman served as the Vikings’ general manager from 2012 to 2021 after working as the team’s vice president of player personnel for six years. He was also the Dolphins’ GM in 2004 and served as an adviser last year for the Washington Commanders in their GM and coaching searches. This story has been corrected to show that Spielman was formerly GM of the Minnesota Vikings instead of the Detroit Lions. AP NFL: https://apnews.com/hub/NFLDemocrats plan to elect new party leader just days after Trump's inauguration

The Prime Minister insisted the UK will back Ukraine “for as long as it takes” as he made a speech at the Lord Mayor’s Banquet in London, but for the first time acknowledged the conflict could move towards a negotiated end. Ukrainian President Volodymyr Zelensky has in recent weeks suggested he is open to a possible ceasefire with Vladimir Putin’s Russia. Kyiv and its European allies meanwhile fear the advent of Donald Trump’s return to the White House could result in American aid being halted. President-elect Trump has said he would prefer to move towards a peace deal, and has claimed he could end the conflict on “day one” of his time in power. As he attempts to strike up a good relationship with the incoming president, Sir Keir revealed he had told Mr Trump the UK “will invest more deeply than ever in this transatlantic bond with our American friends in the years to come”. In his speech at London’s Guildhall, the Prime Minister said there is “no question it is right we support Ukraine”, as the UK’s aid to Kyiv is “deeply in our self-interest”. Allowing Russia to win the war would mean “other autocrats would believe they can follow Putin’s example,” he warned. Sir Keir added: “So we must continue to back Ukraine and do what it takes to support their self-defence for as long as it takes. “To put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence, and right to choose their own future.” Mr Zelensky told Sky News over the weekend he would be open to speaking with Mr Putin, but branded the Russian president a “terrorist”. He also suggested Ukrainian territory under his control should be taken under the “Nato umbrella” to try to stop the “hot stage” of the war with Russia. In a banquet speech focused on foreign affairs, the Prime Minister said it was “plain wrong” to suggest the UK must choose between its allies, adding: “I reject it utterly. “(Clement) Attlee did not choose between allies. (Winston) Churchill did not choose. “The national interest demands that we work with both.” Sir Keir said the UK and the US were “intertwined” when it came to commerce, technology and security. The Prime Minister added: “That’s why, when President Trump graciously hosted me for dinner in Trump Tower, I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.” He also repeated his commitment to “rebuild our ties with Europe” and insisted he was right to try to build closer links with China. “It is remarkable that until I met President Xi last month there had been no face-to-face meeting between British and Chinese leaders for six years,” the Prime Minister said. “We can’t simply look the other way. We need to engage. To co-operate, to compete and to challenge on growth, on security concerns, on climate as well as addressing our differences in a full and frank way on issues like Hong Kong, human rights, and sanctions on our parliamentarians,” he added. The Prime Minister said he wants Britain’s role in the world to be that of “a constant and responsible actor in turbulent times”. He added: “To be the soundest ally and to be determined, always, in everything we do. “Every exchange we have with other nations, every agreement we enter into to deliver for the British people and show, beyond doubt, that Britain is back.” Ahead of Sir Keir’s speech, Lord Mayor Alastair King urged the Prime Minister and his Government to loosen regulations on the City of London to help it maintain its competitive edge. In an echo of Sir Keir’s commitment to drive the UK’s economic growth, the Lord Mayor said: “The idealist will dream of growth, but the pragmatist understands that our most effective machinery to drive growth is here in the City, in the hands of some of the brightest and most committed people that you will find anywhere in the world.”This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here . 24/7 San Diego news stream: Watch NBC 7 free wherever you are New highs for S&P and Nasdaq U.S. markets were mixed on Monday . The S&P 500 and Nasdaq Composite climbed to new highs, but the Dow Jones Industrial Average dipped. Asia-Pacific stocks traded higher on Tuesday . Japan's Nikkei 225 jumped around 2.1%, buoyed by chip-related stocks such as Tokyo Electron and Lasertec , which shrugged off new rounds of U.S. export curbs . Intel CEO ousted Intel ousted CEO Pat Gelsinger over the weekend. The decision, made public Monday, was motivated by the board's lack of confidence in Gelsinger's plans, said a source. Replacing him as interim co-CEOs are CFO David Zinsner and products CEO MJ Holthaus. Gelsinger was named CEO in 2021, but couldn't turnaround the struggling company. Trump pledges to block U.S. Steel acquisition U.S. President-elect Donald Trump vowed to block the acquisition of U.S Steel by Japan's Nippon Steel , in a Monday post on his social platform Truth Social. The two companies reached a $14.9 billion deal in December. The U.S. Committee on Foreign Investment is reviewing the deal to ensure it doesn't incur national security risks. $56 billion package for Musk denied Tesla CEO Elon Musk failed to get his $56 billion 2018 pay package reinstated. A Delaware judge upheld her prior ruling that the compensation plan was improperly granted. Tesla shareholders had voted in June to "ratify" the package. The judge, however, wrote in her opinion that "Even if a shareholder vote could have a ratifying effect, it could not do so here." [PRO] Goldman's refreshed conviction list Goldman Sachs maintains a "Conviction List," which contains stocks it expects to perform better than the S&P. The Wall Street bank just refreshed its list of global stocks, including three it gave potential upside of more than 40% . Money Report European markets set for higher open but France's political upheaval is in focus Trump repeats vow to ‘block' Nippon Steel's bid for U.S. Steel Investors are still buzzing with positive sentiment, pushing stocks up to new records, but some analysts are concerned the good feelings are on frail footing. The S&P 500 added 0.24% and the Nasdaq Composite , electrified by Tesla's 3.5% rise and Super Micro Computer's 29% surge , climbed 0.97%. Both indexes closed at fresh highs. The Dow Jones Industrial Average slipped 0.29%, though it briefly breached the 45,000 level during the day. "The holiday season is in full swing and spirits seem bright, at least among investors," UBS wrote in a Monday note. Indeed, 56.4% of consumers expect stock prices to rise over the next year, according to a survey by The Conference Board. That's the highest level on record. Not to be a downer this holiday season, but analysts see signs that optimism might have some roots in wonderland. Stocks might have had an incredible rally in November , but that was probably investors "pric[ing] in the upside from the new, pro-business administration," Jay Hatfield, founder and CEO of InfraCap, told CNBC. Now, investors "need to get details — not just tweets — but details of what the policy is," Hatfield added, suggesting the upward momentum might take a pause for now. Investment bank Oppenheimer also noted that stocks are still expensive. "Benchmarks [are] showing forward PE multiples that are higher than their five-year averages," wrote chief investment strategist John Stoltzfus on Monday. UBS thinks the exuberance among investors is "raising concern about the markets getting frothy." Froth implies that things will settle down, which is not necessarily a bad thing in the long run. Oppenheimer, though, thinks the bull market is "driven by fundamentals" that will steer it higher in the next year, despite high valuations. Likewise, Savita Subramanian, head of U.S. equity and strategy at Bank of America, sees "ample reason to stick with stocks over bonds for the long-term." The layer of frothy milk adds to a cappuccino's delight, after all, and doesn't detract from the coffee below. — CNBC's Lisa Kailai Han, Alex Harring and Pia Singh contributed to this report. Also on CNBC Investors are filled with the holiday spirit The stock market had a November to remember November was a month to remember for stocksEditor's Notebook: Magic moment had a good kick to it

It’s been nearly 10 years since it was announced that Robert Eggers would be remaking one of the best horror flicks of all time in Nosferatu . Thankfully the long wait is about to come to an end, with the film starring Bill Skarsgård as its titular monster making its debut on the 2024 movie calendar on Christmas Day. It sounds like horror fans might be in for a pretty frightening experience, given that Skarsgård has said his Count Orlok is even more terrifying than Pennywise in It , who he played in the 2017 and 2019 adaptations. First reactions to the 2024 Nosferatu remake seemed to support that claim, as critics were ready to sink their teeth into the movie, which also stars Nicholas Hoult , Lily-Rose Depp and a host of other talent. Let’s see what they’re saying now that they can expand on their initial thoughts, starting with CinemaBlend’s review of Nosferatu . Eric Eisenberg rates the film 4 out of 5 stars, noting the irony but standing by his statement that Robert Eggers has breathed new life into the classic vampire tale, with help from a truly transformed leading actor. He says: It’s Bill Skarsgård’s turn as Count Orlok that is the greatest achievement of Nosferatu. If it weren’t for the fact that the actor’s name is in the cast, one would be hard-pressed to identify him in the role, as it is a full and masterful transformation. His co-stars may not do region-accurate accents, but he entrances with a deep and rolling Romanian brogue, the words uttered from rotting lips beneath a thick, long, black mustache. He emanates control with his presence, but he is also very much an animated corpse. Becky Darke of GamesRadar also gives the upcoming horror movie 4 stars out of 5, saying that despite its relatively straightforward retelling of a classic tale, the sights and sounds are stunning. The critic recommends that movie lovers see this one in theaters in order to fully experience the aural cacophony. Darke concludes: The new Nosferatu is a success; it looks and sounds stunning, is packed with the vampiric horror you’d hope for from the director of such atmospheric works as The Witch and The Lighthouse, is beautifully performed and competently retells a narrative we all know and love. But perhaps this last point is also what stops it from being a perfect movie: it’s solid, but it does very little to push any boundaries of what could be done to bring the ultimate vampire story up to date. Matt Zoller Seitz of RogerEbert.com rates Nosferatu a perfect 4 out of 4 stars. Despite being made with the most modern technology, the movie feels like an artifact from another time, the critic writes. He calls it an “awesome achievement,” writing: Robert Eggers' Nosferatu is a cryptic, beautiful and unsettling experience: transporting in the purest way. The writer-director of The Witch, The Lighthouse and The Northman is a rare filmmaker who seems capable of putting his modern consciousness aside when telling stories. There are no metaphors or analogies, only uncanny things that actually happen. Witches exist, curses and prophecies are real, and a vampire is a monster with the ability not just to shift shapes and drink blood but distort the fabric of reality itself through force of pure evil. Siddhant Adlakha of IGN echoes the sentiment of making the age-old feel fresh, noting Nosferatu ’s scary and sensual approach. The critic rates the movie an “Amazing” 9 out of 10, writing: Nosferatu is Robert Eggers' finest work, given how it both boldly stands on its own as a gothic vampire drama and astutely taps into the original texts — F.W. Murnau's silent classic and Bram Stoker's novel Dracula. This resplendent horror remake keeps the broad strokes of these vampire legends intact, but refashions them into a terrifying, candle-lit tale of bodily autonomy — or lack thereof — that challenges previous versions of the story (and their conceptions of female sexuality) and in which Lily-Rose Depp delivers a harrowing performance opposite Bill Skarsgård's unsettling, corpse-like villain. Liz Shannon Miller of Consequence laments that Bram Stoker’s Dracula has been so thoroughly explored at this point that this movie hitting all the familiar plot beats results in “almost zero suspense.” However, it’s never not beautiful to look at, Miller says, even in its most grotesque moments. The critic grades the modern remake a B and says: Nosferatu delivers exactly what it promised — a new version of a classic tale, told by one of our most technically accomplished filmmakers. And this is certainly a more explicitly sexy version of Nosferatu than what the original German film delivered 102 years ago. However, it otherwise follows its source material, as well as the paths laid out by other adaptations, so faithfully that its most original elements feel drowned out by the familiar. It’s perhaps the best-made Dracula adaptation to come around in a long time. But it never feels essential. So it sounds like no real surprises are in store as far as plot goes, but critics seem to universally agree that Robert Eggers’ direction combined with Jarin Blaschke's cinematography and an ensemble of impressive performances make this worth the price of admission. CINEMABLEND NEWSLETTER Your Daily Blend of Entertainment News Horror movie fans have waited a decade for the Nosferatu remake, and especially after reading such positive things from the critics, it hopefully won’t be too hard to wait another few weeks. The film hits the big screen on Wednesday , December 25.

Next U.S. ambassador Hoekstra 'easier to do business' with: former envoyNEWS HIGHLIGHTS: The U.S. Department of Commerce has awarded TI up to $1.6 billion in CHIPS Act funding to support three new 300mm semiconductor wafer fabs under construction in Texas and Utah . TI also expects to receive an estimated $6 billion to $8 billion from the U.S. Department of the Treasury's Investment Tax Credit for qualified U.S. manufacturing investments. The company will also receive up to $10 million to support workforce development. LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: Cleanroom construction and tool installations at SM1 in Sherman, Texas ; Shell construction of SM2, a second fab in Sherman, Texas ; and Cleanroom construction and tool installations at LFAB2, a second fab in Lehi, Utah . These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: TI CHIPS Act press kit (includes images, video b-roll, fact sheet) TI Sherman, Texas , press kit TI Lehi, Utah , press kit Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments

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Prominent Tanzanian opposition figure arrestedDelBene, Schrier Lead Call for Flexibility in Hydrogen Project Development Rules Congresswomen Suzan DelBene (WA-01) and Kim Schrier, M.D. (WA-08) led 12 House Members in calling for the Biden administration to provide flexibility around the implementation of the Clean Hydrogen Production Tax Credit (45V Credit) so federal regulations don’t hinder the development of our nascent hydrogen economy. The proposed rules, while well-intentioned, are overly prescriptive and could result in the loss of half of Hydrogen Hub projects across the country. If they are not revised, the rules would set back climate progress, cancel billions in private sector investments, and cost thousands of sustainable, high-paying jobs. the wrote. Many states have already implemented robust clean energy policies and carbon pricing mechanisms that inherently limit emissions across all sectors. Imposing additional strict federal guidelines in these regions may be redundant and counterproductive,” The letter calls on the Treasury Department to make specific changes to the 45V Credit including: DelBene and Schrier, along with the Washington and Oregon congressional delegations, were the designation of the as one of seven clean hydrogen hubs established in the bipartisan infrastructure law. In July, the Biden administration that $27.5 million in initial federal investment of a total of $1 billion had been awarded to PNWH2. A copy of the letter can be found . READ the latest news shaping the hydrogen market at DelBene, Schrier Lead Call for Flexibility in Hydrogen Project Development Rules, Diesel instead of hydrogen in the Taunus – trains too prone to failure Since its launch, hydrogen technology has caused problems in rail traffic in the Taunus region. Now trains with diesel engines are temporarily being... Centrica Says Hydrogen Can Reduce Household Bills by £35 a Year (Bloomberg) — Centrica Plc said hydrogen storage can help cut UK electricity bills, even as the economic viability of the technology is questioned... Omega Seiki Mobility to Launch Hydrogen-Powered Three-Wheelers in India by 2024 A New Era in Sustainable Transport Omega Seiki Mobility (OSM) is setting the stage for a breakthrough in India’s commercial vehicle segment...

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The New York Jets are turning to one of their former general managers to help them find their next GM and head coach. The franchise announced Monday that The 33rd Team, a football media, analytics and consulting group founded by former Jets GM Mike Tannenbaum, will assist team owner Woody Johnson in the searches. Tannenbaum and Rick Spielman, former GM of the Miami Dolphins and Minnesota Vikings, will be The 33rd Team's primary representatives in helping find replacements for former coach Robert Saleh and GM Joe Douglas. The 33rd Team was founded in 2019 by Tannenbaum as a media and technology company. In their announcement, the Jets said The 33rd Team will help identify and vet GM and coach candidates and coordinate interviews. Douglas was fired last Tuesday , the latest shakeup for a franchise that had Super Bowl aspirations with a healthy Aaron Rodgers at quarterback but has limped to a 3-8 start and appears likely to miss the playoffs for a 14th consecutive year. Phil Savage, a senior football adviser with the Jets since 2019, will serve as the interim general manager for the rest of the season. The firing of Douglas came exactly six weeks after Johnson fired Saleh as coach on Oct. 8 after the Jets were 2-3 to open the season. New York has since gone 1-5 under defensive coordinator Jeff Ulbrich, who was tabbed as the interim coach. The Jets are coming off their bye-week break and will host the Seattle Seahawks on Sunday. The franchise has plenty of questions to answer over the next several months, including decisions on their next general manager and coach — and the future of Rodgers. The four-time NFL MVP turns 41 next week, has dealt with leg issues all season and is off to the worst statistical start of his career. Tannenbaum and Spielman will help the Jets find the people to help Johnson and brother Christopher make those key decisions. Johnson took a similar approach in 2015, the last time the Jets hired a general manager and coach in the offseason. Former NFL GMs Charley Casserly and Ron Wolf worked as consultants for the team, which hired Mike Maccagnan as GM and Todd Bowles as coach. Tannenbaum, currently an analyst for ESPN, has first-hand familiarity with Johnson and the franchise. He worked in the Jets' front office for nine years before being promoted to general manager and serving in that role from 2006 to 2012. Tannenbaum helped build the 2009 and 2010 Jets teams that went to the AFC championship game in consecutive seasons under coach Rex Ryan. Ryan, who last coached the Jets in 2014 and also is currently an analyst for ESPN, recently has been lobbying on air for a return to New York's sideline. Tannenbaum also was Miami’s executive vice president of football operations from 2015 to 2018. Spielman served as the Vikings’ general manager from 2012 to 2021 after working as the team’s vice president of player personnel for six years. He was also the Dolphins’ GM in 2004 and served as an adviser last year for the Washington Commanders in their GM and coaching searches. This story has been corrected to show that Spielman was formerly GM of the Minnesota Vikings instead of the Detroit Lions. AP NFL: https://apnews.com/hub/NFLDemocrats plan to elect new party leader just days after Trump's inauguration

The Prime Minister insisted the UK will back Ukraine “for as long as it takes” as he made a speech at the Lord Mayor’s Banquet in London, but for the first time acknowledged the conflict could move towards a negotiated end. Ukrainian President Volodymyr Zelensky has in recent weeks suggested he is open to a possible ceasefire with Vladimir Putin’s Russia. Kyiv and its European allies meanwhile fear the advent of Donald Trump’s return to the White House could result in American aid being halted. President-elect Trump has said he would prefer to move towards a peace deal, and has claimed he could end the conflict on “day one” of his time in power. As he attempts to strike up a good relationship with the incoming president, Sir Keir revealed he had told Mr Trump the UK “will invest more deeply than ever in this transatlantic bond with our American friends in the years to come”. In his speech at London’s Guildhall, the Prime Minister said there is “no question it is right we support Ukraine”, as the UK’s aid to Kyiv is “deeply in our self-interest”. Allowing Russia to win the war would mean “other autocrats would believe they can follow Putin’s example,” he warned. Sir Keir added: “So we must continue to back Ukraine and do what it takes to support their self-defence for as long as it takes. “To put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence, and right to choose their own future.” Mr Zelensky told Sky News over the weekend he would be open to speaking with Mr Putin, but branded the Russian president a “terrorist”. He also suggested Ukrainian territory under his control should be taken under the “Nato umbrella” to try to stop the “hot stage” of the war with Russia. In a banquet speech focused on foreign affairs, the Prime Minister said it was “plain wrong” to suggest the UK must choose between its allies, adding: “I reject it utterly. “(Clement) Attlee did not choose between allies. (Winston) Churchill did not choose. “The national interest demands that we work with both.” Sir Keir said the UK and the US were “intertwined” when it came to commerce, technology and security. The Prime Minister added: “That’s why, when President Trump graciously hosted me for dinner in Trump Tower, I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.” He also repeated his commitment to “rebuild our ties with Europe” and insisted he was right to try to build closer links with China. “It is remarkable that until I met President Xi last month there had been no face-to-face meeting between British and Chinese leaders for six years,” the Prime Minister said. “We can’t simply look the other way. We need to engage. To co-operate, to compete and to challenge on growth, on security concerns, on climate as well as addressing our differences in a full and frank way on issues like Hong Kong, human rights, and sanctions on our parliamentarians,” he added. The Prime Minister said he wants Britain’s role in the world to be that of “a constant and responsible actor in turbulent times”. He added: “To be the soundest ally and to be determined, always, in everything we do. “Every exchange we have with other nations, every agreement we enter into to deliver for the British people and show, beyond doubt, that Britain is back.” Ahead of Sir Keir’s speech, Lord Mayor Alastair King urged the Prime Minister and his Government to loosen regulations on the City of London to help it maintain its competitive edge. In an echo of Sir Keir’s commitment to drive the UK’s economic growth, the Lord Mayor said: “The idealist will dream of growth, but the pragmatist understands that our most effective machinery to drive growth is here in the City, in the hands of some of the brightest and most committed people that you will find anywhere in the world.”This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here . 24/7 San Diego news stream: Watch NBC 7 free wherever you are New highs for S&P and Nasdaq U.S. markets were mixed on Monday . The S&P 500 and Nasdaq Composite climbed to new highs, but the Dow Jones Industrial Average dipped. Asia-Pacific stocks traded higher on Tuesday . Japan's Nikkei 225 jumped around 2.1%, buoyed by chip-related stocks such as Tokyo Electron and Lasertec , which shrugged off new rounds of U.S. export curbs . Intel CEO ousted Intel ousted CEO Pat Gelsinger over the weekend. The decision, made public Monday, was motivated by the board's lack of confidence in Gelsinger's plans, said a source. Replacing him as interim co-CEOs are CFO David Zinsner and products CEO MJ Holthaus. Gelsinger was named CEO in 2021, but couldn't turnaround the struggling company. Trump pledges to block U.S. Steel acquisition U.S. President-elect Donald Trump vowed to block the acquisition of U.S Steel by Japan's Nippon Steel , in a Monday post on his social platform Truth Social. The two companies reached a $14.9 billion deal in December. The U.S. Committee on Foreign Investment is reviewing the deal to ensure it doesn't incur national security risks. $56 billion package for Musk denied Tesla CEO Elon Musk failed to get his $56 billion 2018 pay package reinstated. A Delaware judge upheld her prior ruling that the compensation plan was improperly granted. Tesla shareholders had voted in June to "ratify" the package. The judge, however, wrote in her opinion that "Even if a shareholder vote could have a ratifying effect, it could not do so here." [PRO] Goldman's refreshed conviction list Goldman Sachs maintains a "Conviction List," which contains stocks it expects to perform better than the S&P. The Wall Street bank just refreshed its list of global stocks, including three it gave potential upside of more than 40% . Money Report European markets set for higher open but France's political upheaval is in focus Trump repeats vow to ‘block' Nippon Steel's bid for U.S. Steel Investors are still buzzing with positive sentiment, pushing stocks up to new records, but some analysts are concerned the good feelings are on frail footing. The S&P 500 added 0.24% and the Nasdaq Composite , electrified by Tesla's 3.5% rise and Super Micro Computer's 29% surge , climbed 0.97%. Both indexes closed at fresh highs. The Dow Jones Industrial Average slipped 0.29%, though it briefly breached the 45,000 level during the day. "The holiday season is in full swing and spirits seem bright, at least among investors," UBS wrote in a Monday note. Indeed, 56.4% of consumers expect stock prices to rise over the next year, according to a survey by The Conference Board. That's the highest level on record. Not to be a downer this holiday season, but analysts see signs that optimism might have some roots in wonderland. Stocks might have had an incredible rally in November , but that was probably investors "pric[ing] in the upside from the new, pro-business administration," Jay Hatfield, founder and CEO of InfraCap, told CNBC. Now, investors "need to get details — not just tweets — but details of what the policy is," Hatfield added, suggesting the upward momentum might take a pause for now. Investment bank Oppenheimer also noted that stocks are still expensive. "Benchmarks [are] showing forward PE multiples that are higher than their five-year averages," wrote chief investment strategist John Stoltzfus on Monday. UBS thinks the exuberance among investors is "raising concern about the markets getting frothy." Froth implies that things will settle down, which is not necessarily a bad thing in the long run. Oppenheimer, though, thinks the bull market is "driven by fundamentals" that will steer it higher in the next year, despite high valuations. Likewise, Savita Subramanian, head of U.S. equity and strategy at Bank of America, sees "ample reason to stick with stocks over bonds for the long-term." The layer of frothy milk adds to a cappuccino's delight, after all, and doesn't detract from the coffee below. — CNBC's Lisa Kailai Han, Alex Harring and Pia Singh contributed to this report. Also on CNBC Investors are filled with the holiday spirit The stock market had a November to remember November was a month to remember for stocksEditor's Notebook: Magic moment had a good kick to it

It’s been nearly 10 years since it was announced that Robert Eggers would be remaking one of the best horror flicks of all time in Nosferatu . Thankfully the long wait is about to come to an end, with the film starring Bill Skarsgård as its titular monster making its debut on the 2024 movie calendar on Christmas Day. It sounds like horror fans might be in for a pretty frightening experience, given that Skarsgård has said his Count Orlok is even more terrifying than Pennywise in It , who he played in the 2017 and 2019 adaptations. First reactions to the 2024 Nosferatu remake seemed to support that claim, as critics were ready to sink their teeth into the movie, which also stars Nicholas Hoult , Lily-Rose Depp and a host of other talent. Let’s see what they’re saying now that they can expand on their initial thoughts, starting with CinemaBlend’s review of Nosferatu . Eric Eisenberg rates the film 4 out of 5 stars, noting the irony but standing by his statement that Robert Eggers has breathed new life into the classic vampire tale, with help from a truly transformed leading actor. He says: It’s Bill Skarsgård’s turn as Count Orlok that is the greatest achievement of Nosferatu. If it weren’t for the fact that the actor’s name is in the cast, one would be hard-pressed to identify him in the role, as it is a full and masterful transformation. His co-stars may not do region-accurate accents, but he entrances with a deep and rolling Romanian brogue, the words uttered from rotting lips beneath a thick, long, black mustache. He emanates control with his presence, but he is also very much an animated corpse. Becky Darke of GamesRadar also gives the upcoming horror movie 4 stars out of 5, saying that despite its relatively straightforward retelling of a classic tale, the sights and sounds are stunning. The critic recommends that movie lovers see this one in theaters in order to fully experience the aural cacophony. Darke concludes: The new Nosferatu is a success; it looks and sounds stunning, is packed with the vampiric horror you’d hope for from the director of such atmospheric works as The Witch and The Lighthouse, is beautifully performed and competently retells a narrative we all know and love. But perhaps this last point is also what stops it from being a perfect movie: it’s solid, but it does very little to push any boundaries of what could be done to bring the ultimate vampire story up to date. Matt Zoller Seitz of RogerEbert.com rates Nosferatu a perfect 4 out of 4 stars. Despite being made with the most modern technology, the movie feels like an artifact from another time, the critic writes. He calls it an “awesome achievement,” writing: Robert Eggers' Nosferatu is a cryptic, beautiful and unsettling experience: transporting in the purest way. The writer-director of The Witch, The Lighthouse and The Northman is a rare filmmaker who seems capable of putting his modern consciousness aside when telling stories. There are no metaphors or analogies, only uncanny things that actually happen. Witches exist, curses and prophecies are real, and a vampire is a monster with the ability not just to shift shapes and drink blood but distort the fabric of reality itself through force of pure evil. Siddhant Adlakha of IGN echoes the sentiment of making the age-old feel fresh, noting Nosferatu ’s scary and sensual approach. The critic rates the movie an “Amazing” 9 out of 10, writing: Nosferatu is Robert Eggers' finest work, given how it both boldly stands on its own as a gothic vampire drama and astutely taps into the original texts — F.W. Murnau's silent classic and Bram Stoker's novel Dracula. This resplendent horror remake keeps the broad strokes of these vampire legends intact, but refashions them into a terrifying, candle-lit tale of bodily autonomy — or lack thereof — that challenges previous versions of the story (and their conceptions of female sexuality) and in which Lily-Rose Depp delivers a harrowing performance opposite Bill Skarsgård's unsettling, corpse-like villain. Liz Shannon Miller of Consequence laments that Bram Stoker’s Dracula has been so thoroughly explored at this point that this movie hitting all the familiar plot beats results in “almost zero suspense.” However, it’s never not beautiful to look at, Miller says, even in its most grotesque moments. The critic grades the modern remake a B and says: Nosferatu delivers exactly what it promised — a new version of a classic tale, told by one of our most technically accomplished filmmakers. And this is certainly a more explicitly sexy version of Nosferatu than what the original German film delivered 102 years ago. However, it otherwise follows its source material, as well as the paths laid out by other adaptations, so faithfully that its most original elements feel drowned out by the familiar. It’s perhaps the best-made Dracula adaptation to come around in a long time. But it never feels essential. So it sounds like no real surprises are in store as far as plot goes, but critics seem to universally agree that Robert Eggers’ direction combined with Jarin Blaschke's cinematography and an ensemble of impressive performances make this worth the price of admission. CINEMABLEND NEWSLETTER Your Daily Blend of Entertainment News Horror movie fans have waited a decade for the Nosferatu remake, and especially after reading such positive things from the critics, it hopefully won’t be too hard to wait another few weeks. The film hits the big screen on Wednesday , December 25.

Next U.S. ambassador Hoekstra 'easier to do business' with: former envoyNEWS HIGHLIGHTS: The U.S. Department of Commerce has awarded TI up to $1.6 billion in CHIPS Act funding to support three new 300mm semiconductor wafer fabs under construction in Texas and Utah . TI also expects to receive an estimated $6 billion to $8 billion from the U.S. Department of the Treasury's Investment Tax Credit for qualified U.S. manufacturing investments. The company will also receive up to $10 million to support workforce development. LEHI, Utah and SHERMAN, Texas , Dec. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) and the U.S. Department of Commerce today announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August 2024 . The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah. Support from the CHIPS Act, including the 25% investment tax credit, will help TI provide a geopolitically dependable supply of essential analog and embedded processing semiconductors. "As the largest analog and embedded processing semiconductor manufacturer in the U.S., TI is uniquely positioned to provide dependable, low-cost 300mm semiconductor manufacturing capacity at scale," said Haviv Ilan, president and CEO of Texas Instruments. "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient." The CHIPS Act direct funding will support TI's investments through 2029 for three large-scale 300mm wafer fabs in Sherman, Texas (SM1 and SM2), and Lehi, Utah (LFAB2). Together, these fabs will manufacture tens of millions of analog and embedded processing chips every day that are critical to a variety of end markets, including automotive, industrial, personal electronics, communications equipment and enterprise systems. Specifically, the CHIPS Act direct funding will be distributed upon completion of project milestones, supporting: Cleanroom construction and tool installations at SM1 in Sherman, Texas ; Shell construction of SM2, a second fab in Sherman, Texas ; and Cleanroom construction and tool installations at LFAB2, a second fab in Lehi, Utah . These connected, multi-fab sites in Texas and Utah will benefit from shared infrastructure, talent and technology sharing, and a strong network of existing suppliers and community partners. Combined, TI's three new fabs in Texas and Utah will create 2,000 company jobs, along with thousands of indirect jobs for construction, suppliers and supporting industries. TI is also investing in building its future workforce. As part of the CHIPS Act award agreement, TI will also receive up to $10 million for workplace development efforts in Texas and Utah . Consistent with TI's longstanding commitment to responsible, sustainable manufacturing and environmental stewardship, the company's 300mm wafer fabs will be entirely powered by renewable electricity. Additionally, TI is committed to reducing overall water consumption across its operations, endeavoring to achieve a 70% water reuse capability in Sherman, Texas , and Lehi , Utah. All of TI's new 300mm fabs are also designed to meet LEED Gold standards for structural efficiency and sustainability. Learn more: TI CHIPS Act press kit (includes images, video b-roll, fact sheet) TI Sherman, Texas , press kit TI Lehi, Utah , press kit Notice regarding forward-looking statements This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe TI's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. See Item 1A of TI's most recent Form 10-K for a detailed discussion of risk factors that could cause results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. If we do update any forward-looking statement, you should not infer that we will make additional updates with respect to that statement or any other forward-looking statement. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/texas-instruments-announces-award-agreement-for-chips-and-science-act-funding-302337541.html SOURCE Texas Instruments

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Prominent Tanzanian opposition figure arrestedDelBene, Schrier Lead Call for Flexibility in Hydrogen Project Development Rules Congresswomen Suzan DelBene (WA-01) and Kim Schrier, M.D. (WA-08) led 12 House Members in calling for the Biden administration to provide flexibility around the implementation of the Clean Hydrogen Production Tax Credit (45V Credit) so federal regulations don’t hinder the development of our nascent hydrogen economy. The proposed rules, while well-intentioned, are overly prescriptive and could result in the loss of half of Hydrogen Hub projects across the country. If they are not revised, the rules would set back climate progress, cancel billions in private sector investments, and cost thousands of sustainable, high-paying jobs. the wrote. Many states have already implemented robust clean energy policies and carbon pricing mechanisms that inherently limit emissions across all sectors. Imposing additional strict federal guidelines in these regions may be redundant and counterproductive,” The letter calls on the Treasury Department to make specific changes to the 45V Credit including: DelBene and Schrier, along with the Washington and Oregon congressional delegations, were the designation of the as one of seven clean hydrogen hubs established in the bipartisan infrastructure law. In July, the Biden administration that $27.5 million in initial federal investment of a total of $1 billion had been awarded to PNWH2. A copy of the letter can be found . READ the latest news shaping the hydrogen market at DelBene, Schrier Lead Call for Flexibility in Hydrogen Project Development Rules, Diesel instead of hydrogen in the Taunus – trains too prone to failure Since its launch, hydrogen technology has caused problems in rail traffic in the Taunus region. Now trains with diesel engines are temporarily being... Centrica Says Hydrogen Can Reduce Household Bills by £35 a Year (Bloomberg) — Centrica Plc said hydrogen storage can help cut UK electricity bills, even as the economic viability of the technology is questioned... Omega Seiki Mobility to Launch Hydrogen-Powered Three-Wheelers in India by 2024 A New Era in Sustainable Transport Omega Seiki Mobility (OSM) is setting the stage for a breakthrough in India’s commercial vehicle segment...

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