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Release time: 2025-01-11 | Source: Unknown
On Monday, Dec. 2, Burnaby council voted with a majority of seven to two to cancel the planned trip to three of Burnaby’s sister cities: Kushiro in Japan, Hwaseong in South Korea, and Taichung in Taiwan. The trip, which was supposed to take place in September 2025 would have cost between $106,000 and $116,000 for three councillors and the mayor, as reported by the Beacon on Aug. 7, 2024. Mayor Mike Hurley was the first council member to say he opposed the trip during the meeting. “I will start this out by saying that I’m opposed to this at this time, although I would love to keep our sister city relationships going, and they are important, and they’ve been going for a long time; I just don’t think that this is the right time to be traveling, given the constraints on budgets that we’re going to see moving forward here,” Hurley said. Councillors Joe Keithley, Alison Gu, Daniel Tetrault, and Maita Santiago followed the mayor in opposing the trip due to its high cost and the fact that Burnaby residents are currently struggling to make ends meet. “It just seems very out of touch with what people are facing, and people are struggling to pay their own bills and rent, and us going on a trip that costs $15,000 a head just doesn’t seem right,” Tetrault said. “I also do think it’s worth re-looking at our whole sister city policy and analyzing future trips, whether it merits the cost for not only council, but staff, and also use of staff and council time.” Gu said the trip would also be high in emissions, environmental impact, and financial cost. Three councillors approved the trip and wanted it to occur: Sav Dhaliwal, Pietro Calendino, and Richard Lee. Dhaliwal spoke at length about the many benefits of the sister cities program and how these types of trips can help develop the city and bring new ideas, technologies, and other benefits and opportunities to Burnaby. Dhaliwal added that the sister cities program is “priceless.” “When we embarked on this journey of having friendship and sister cities, it was with the intention of creating some worldwide harmony, learning from each other, and having to share our cultures,” Dhaliwal said. “I had the opportunity to go to Japan once many years ago, to the Kushiro sister city and I marvel at what we learned and what we have gained from that relationship.” Calendino, who is the chair of the International Relations and Friendship Cities Committee, said he was disappointed in the opposition to the trip. “I’m a little bit disappointed at the reaction of the councillors and yourself, Mr. Mayor. This is not something new. We’ve been discussing this for almost a year,” Calendino said. “And to clarify one thing, this does not come from taxpayers’ draw. This comes from game funds, which are to be used for a one-time activity.” Calendino added that while the cost seems excessive in the report, there are options for travel that do not include business-class airfare and may reduce the cost. Lee wanted to direct staff to look into alternative funding sources and explore the possibility of councillors paying a portion of the trip expenses out of pocket. Gu requested that Lee put forward a formal motion about it. “I would appreciate the opportunity to actually vote on that because staff resources are quite limited, and I wouldn’t want us wasting time on something if there wasn’t actually council support for something,” Gu said. Lee’s motion was unsuccessful, and the majority of council members voted against the trip.Just a year after he became chief executive officer of Philip Morris International Inc., Jacek Olczak swooped on rival nicotine pouch maker Swedish Match in a $16 billion deal. Olczak wanted the company’s vast U.S. distribution network and popular Zyn nicotine pouches, which are about the size of a chiclet and meant to be placed between a user’s gum and upper lip. Hailed by some as a product that can give users “unstoppable force,” Zyn now is in such high demand that the company is on track to sell 580 million tins in the U.S. this year, up from 385 million a year earlier. It’s all part of Olczak’s plan as he charts a way for the world’s largest tobacco company to generate two-thirds of its revenue from smoke-free alternatives to cigarettes by 2030. The problem? It’s becoming increasingly clear that the huge wave in popularity for Zyn is also sweeping up kids. There are already an estimated half million underage pouch users in the U.S. who are developing a taste for nicotine — a highly addictive, toxic chemical. Philip Morris was fined $1.2 million over the weekend for sales in Washington, D.C., of pouches made with banned flavors, which are seen as more attractive to children. Olczak is clear that the tobacco company may never be able to stop kids from trying its products. “The unfortunate thing is that with young people, there is an element of experimentation,” he said in an interview with Bloomberg at the company’s headquarters in Switzerland. “It doesn’t matter which country. This age is about experimentation, and they will experiment with the things the adults are doing.” His own 16-year-old son is curious about nicotine, he said. “You have to understand that ‘zero’ will not exist.” For Philip Morris, which reported $35.2 billion in net annual sales last year, the company is at a precipice: navigating the potential huge upside in the U.S. could depend on its ability to prove that it’s not hooking a new generation of young people on nicotine. Olczak says the company is already able to show this and he knows how important it is to “shield young people” from nicotine-containing products. The Polish-born executive said Philip Morris seeks to stop underage use of fake IDs to gain access to restricted items by partnering with organizations such as WeCard and TruAge. It also uses technology to “age gate” Zyn’s digital advertising in the U.S. and monitors social media for inappropriate content. “The restrictions which we need to seriously walk the talk is the age access,” he added. And while 480,000 young Americans now use nicotine pouches, the number has held steady from last year, according to the annual National Youth Tobacco Survey. The cautionary example here though is Juul, the high strength e-cigarette brand accused in multiple lawsuits of targeting underage users through stylishly designed vaporizers and advertisements on youth-focused websites. The U.S. Food and Drug Administration banned Juul from marketing its products in 2022, and rescinded the order earlier this year. Olczak, 59, insists the marketing of Zyn is “day and night” compared to Juul, pointing again to his company’s focus on age verification. Still, a quick search on TikTok turns up a stream of videos promoting the pouches, including endorsements from Joe Rogan and Tucker Carlson. The CEO maintains that Philip Morris has never paid for influencer promotion. The company is “very careful about which audiences we talk with,” he said. “We don’t mind our consumers sharing their happiness,” he added, “but we would like them to watch who follows them.” With sales climbing, the FDA has already begun to crack down, penalizing retailers caught selling to minors, and sending warning letters to online sellers offering unauthorized flavors of Zyn products. The regulator says that nicotine, which is addictive, can harm adolescent brain development and impact attention, learning and memory. To Olczak’s frustration, Zyn and other nicotine pouches have not yet been authorized by the FDA — Swedish Match filed an application in March 2020 — but are permitted to stay on the market while the request is being considered. That hasn’t dampened demand: Zyn sales grew 41.4% in the third quarter in the U.S. compared to a year earlier, reaching 149.1 million cans. Following reports of supply shortages in the U.S., Philip Morris made a fresh investment in its Owensboro, Kentucky plant, and announced plans to build a new factory in Colorado. Other Philip Morris products are facing similar regulatory challenges. Sales of a heated tobacco stick called IQOS are expected to decline slightly this year as a result of what Stefan Volpetti, who oversees the company’s inhaled smoke-free products, calls “short-term turbulence” related to regulation. The EU has banned flavored heated tobacco products, and Taiwan has banned heated tobacco outright. In the United Kingdom, Philip Morris has also come under fire for its ambitions to expand into health care. In September, it announced plans to sell British inhaler-maker Vectura Group Ltd. for roughly a third of the price it paid just three years ago. The $1.2 billion deal was criticized by scientific organizations, health charities and anti-smoking campaigners who said that Big Tobacco should not benefit from a company whose products are used by Britain’s National Health Service, among others. Some even recommended that doctors stop proscribing Vectura-made inhalers. Olczak believes that this response crossed a line. “The scientists of Vectura were cut off completely from any symposia or gathering,” he said. People were “obsessed with the fact Philip Morris was the shareholder.” The controversy illustrates the challenges facing the company, as it attempts to leave cigarettes behind and push into new product areas. Philip Morris still has a long way to go before it sells its last pack, Olczak sees the launch of IQOS in the U.S. and a surge in Zyn sales as an opportunity to step in the right direction. “The destination is a given,” he reflected. “It’s written on the wall.”good online gambling sites 。

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Earlier this year, we wrote a commentary on . In this commentary, we’ll take a deeper dive into the U.S. Navy. Understanding the $6 billion-plus budget for IT spending in the Navy is important for vendors, because the programs supported in this budget create an effective positioning framework for products and services sold into this branch the DoD. Overall this year, the budget for the Navy is expected to experience a modest increase of $1.3 billion on top of the $202.5 billion awarded to the service in fiscal 24. Much of this increase is dedicated to improving maintenance of existing ships and improving the health of the industrial supply chain necessary to support ship maintenance and procurement. As a subset of that overall budget, Navy IT budgeting accounts for more than $6 billion. Nearly $5.2 billion has been requested in steady state IT budgeting, with $875.5 million going toward development, modernization and enhancement. Funds for Navy IT are divided among information security initiatives, enterprise information system expansions and automated tool adoption. Let’s look at some key areas of investment. ( . This program is intended to modernize legacy cryptographic equipment, and it includes families of communications security (COMSEC) and transmission security (TRANSEC) devices, divided into crypto voice, crypto data, crypto products and associated ancillary devices. These devices provide modern cryptographic solutions to replace obsolete, legacy devices within the crypto categories to meet mandated National Security Agency (NSA) cease key dates for modernized encryption. This is the Navy's defensive cyberspace operations (DCO) analysis enclave and means to achieve cyberspace detection-in-depth for maritime forces afloat and ashore. SHARKCAGE is the mechanism by which units, groups and fleets will gain an attack sensing and warning (AS&W) capability. CND ashore provides capabilities to secure the cyber domain. The CND afloat operating system environment (OSE) includes host-based protection tools, system vulnerability tools, cyber remediation tools, supporting hardware and software for Department of Defense (DoD) mandated tools, enhanced data correlation tools, switches, ancillary devices and other related security tools. This initiative is a combination of Tier 1 key management infrastructure (KMI), Tier 2 security equipment and Tier 3 equipment and software (SW) for key distribution and loading into end cryptographic units (ECUs). KMI provides net-centric operations for COMSEC material management. It also provides the means for secure ordering, generation, production, distribution, management and auditing of secure key of cryptographic products. Funds here will go toward critical infrastructure, improving computing and storage capacity, reducing operation and management complexity while increasing security, availability and resiliency of the network. There will also be continued expansion of internet protocol version 6 (IPV6) and 5G, ONE-Net - NMCI Convergence, cloud SASE interface, data center consolidation, implementation of zero-trust capabilities and Naval Identity Services (NIS). This initiative supports NMCI and ONE-Net hardware and software compliance based technical refresh to support network performance until capability can be transformed or replaced. Funds will buy down technical debt, commence migration toward a unified shore and tactical edge afloat network, and implement a technical enterprise architecture to replace obsolete technologies associated with NMCI and ONE-Net platforms. Funds provided will continue engineering, integration, and implementation for replacement of Host Based Security System (HBSS) to the latest DISA approved version, existing McAfee sensors with Cisco Firepower for Intrusion Prevention System (IPS), and Assured Compliance Assessment Solution (ACAS) for infrastructure expansion. Funds provided will continue classified and unclassified video and voice over internet protocol (VVoIP) cryptographic login (CLO) infrastructure upgrades. Included are design, hardware and software procurement, and implementation of mandated CLO requirement for NMCI VVoIP infrastructure. This initiative focuses on procurement of command-and-control equipment for both shipboard and shore units, including Link 16 network program crypto modernization (CM) and frequency remapping (FR) upgraded terminals, Link 16 network program antennas, command and control processor (C2P) hardware and software, and link monitoring management tool (LMMT) hardware and software. Funding here supports the identification and validation of C4ISR/IT system requirements, supporting ancillary tools and provides platform architecture, integration and installation design planning efforts tailored to deliver specific required capability to information warfare (IW)shore platforms. There is also nearly $25 million directed toward Navy IT research and development — most notably some $14.5 million for a risk management software pilot project for safety program management capabilities. Overall, this spending snapshot will be useful to vendors and systems integrators targeting procurement by the Navy. Appropriate positioning here will greatly enhance your sales opportunities. To read more about defense, as well as federal civilian agency, and SLED spending visit our .

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Tech Phenomenon: Palantir Technologies The rollercoaster journey of Palantir Technologies, a company leveraging artificial intelligence, has captivated investors worldwide. From a low of $6 per share during the 2022 bear market to an astonishing 12-fold increase, the stock’s meteoric rise has sparked debates about its future prospects in 2025. The AI Catalyst Palantir has consistently integrated AI into its platforms, Gotham and Foundry, even before most investors recognized its potential. In 2023, the company took a giant leap with the introduction of its generative AI-driven Artificial Intelligence Platform (AIP). This innovation provided substantial productivity gains for clients through AIP boot camps, leading to significant new deals across various industries. One standout success came from an equipment rental company that dramatically improved its average revenue retention. Additionally, the public sector saw significant achievements, with substantial contributions from their work with TITAN, the Army’s cutting-edge intelligence ground station. Financial Insights Despite impressive performance, Palantir faces questions about its financial sustainability. The company witnessed a 30% increase in quarterly revenue growth, reaching $2 billion for the first nine months of 2024, thanks to well-controlled operating expenses. This led to a remarkable 229% rise in net income attributable to stockholders. Investment Risks Ahead? Palantir’s soaring stock price reflects incredible growth but also carries potential overvaluation concerns. With a trailing P/E ratio of 368 and a forward sales multiple of 60, cautious investors may question if Palantir is priced for perfection. As the market eagerly anticipates the company’s next moves, potential buyers are advised to tread carefully and perhaps keep Palantir on their watch list. Unlocking the Future: Key Innovations and Trends in Palantir Technologies In the ever-evolving landscape of technology, Palantir Technologies stands as a beacon of innovation and transformation. The company’s journey, marked by its strategic integration of artificial intelligence (AI) into its core platforms, has piqued the interest of investors and tech enthusiasts worldwide. As Palantir navigates the complexities of the digital economy, several new insights and trends emerge, providing a glimpse into its future trajectory. Pioneering Innovations in AI Palantir’s commitment to leveraging AI is a cornerstone of its success. With the launch of its Artificial Intelligence Platform (AIP) in 2023, Palantir introduced groundbreaking enhancements that empower businesses across sectors. The platform’s generative AI capabilities not only streamline operations but also unlock unprecedented productivity gains. For clients eager to optimize performance, Palantir’s AIP boot camps offer hands-on training and strategic insights, leading to transformative results. Strategic Use Cases and Industry Impact Palantir’s AI-driven solutions have yielded substantial success stories. A notable achievement can be seen in the equipment rental industry, where Palantir’s technology significantly boosted average revenue retention. Furthermore, their contributions to the public sector, notably through TITAN—a sophisticated intelligence ground station for the Army—highlight the company’s pivotal role in national defense and security. These use cases underscore Palantir’s ability to adapt its powerful tools across diverse fields. Financial Health and Market Predictions As Palantir’s stock continues its upward trajectory, questions about financial sustainability become increasingly pertinent. A key highlight is the company’s 30% increase in quarterly revenue, reaching an impressive $2 billion by September 2024. This growth has been achieved while maintaining strict control over operating expenses, resulting in a remarkable 229% increase in net income for shareholders. However, potential overvaluation remains a concern, with high price-to-earnings (P/E) ratios suggesting volatility. Risk Management and Investment Considerations For investors, Palantir’s stock presents a high-reward yet high-risk proposition. The current valuation metrics could indicate that the stock is priced for perfection, necessitating cautious consideration by potential investors. Analysts recommend monitoring market trends and Palantir’s strategic initiatives closely to make informed investment decisions. Future Trends and Sustainability Looking ahead, sustainability stands as a critical focus for Palantir. As the global community increasingly emphasizes eco-conscious practices, Palantir’s role in promoting sustainable digital transformation could provide new growth opportunities. By aligning their technological advancements with sustainable goals, Palantir can further cement its position as a leader in responsible innovation. For more information about Palantir Technologies, visit the official website: Palantir Technologies . In summary, Palantir Technologies continues to expand its influence through pioneering AI solutions and strategic applications across industries. As the company navigates challenges and opportunities, its commitment to innovation and sustainability will likely play a pivotal role in shaping its future success.The Azuero International Fair Has A Date. New Technologies Will Be ImplementedBristol Motor Speedway team members, with help from their mischievous mascots Bump and Run, unveiled the official MLB Speedway Classic countdown clock that is clicking down the days, hours and minutes until the ceremonial first pitch is thrown out on August, 2, 2025 and play gets started in the historic Major League Baseball game featuring the Cincinnati Reds and Atlanta Braves at BMS. For social media enthusiasts, baseball fans and ticketholders who would like to grab a selfie with the new clock, The MLB Speedway Classic Countdown Clock is located at BMS Entrance 1 just off Volunteer Parkway next to the It’s Bristol Baby! monument. Sports fans will need to hustle on over to MLB.com/SpeedwayClassic if they want to be a part of the historic national regular season game between the Atlanta Braves and Cincinnati Reds that will be played at iconic Bristol Motor Speedway on Saturday, August 2, 2025 at 7 p.m. (ET). The game at The World’s Fastest Half-Mile will be the first American or National League game ever played in the Volunteer state. Tennessee becomes the fifth different state across the United States to host an MLB game for the first time since 2016. General public tickets for the MLB Speedway Classic presented by BuildSubmarines.com are available for purchase by visiting MLB.com/SpeedwayClassic. A maximum of eight tickets are allowed per order and all ticket sales will be conducted online. All tickets will be delivered digitally and available on mobile devices through the MLB Ballpark app and the Ticketmaster app. *** The NAPA AUTO PARTS Atlantic City Indoor Race is more than just a race, it’s an event. This January 31 and February 1, the connection between the racing and the after party, will be stronger than ever. Thanks to support from The West at Caesars Atlantic City (formerly Wild Wild West) and the Atlantic City Sports Commission, the TQ Midget winner’s share on both Friday and Saturday night will be increased by $1,500. “The Atlantic City races are special, everytime I walk into the arena on race weekend I get goosebumps, the building has so much history and over the past 20 years we have made history of our own,” stated event promoter Len Sammons. The Atlantic City Indoor Races, are held annually the last weekend in January, inside famous Boardwalk Hall, located right on the inconic boardwalk and steps away from the casinos and resorts that have made the town famous. In 2025, the ‘Race Hard, Play Hard’ post-event parties will help to raise the stakes for the winner of Friday and Saturday night’s TQ Midget A-Main. Should a driver sweep the weekend, the winner’s will exceed $10,000. “Starting in 2025, the race winner of Friday and Saturday night will not only go on stage at The West, but they will both be presented with a $1,500 bonus check as well.” The lively hub of nightlife during race weekend is only a two minute walk away at Caesars Atlantic City. The West at Caesars features live music, casino gaming, beer pong, sports betting, bull riding, arcade games, and much more. Tickets for the event are on sale now via Ticketmaster and the Boardwalk Hall box office.In addition to the high-speed TQ Midgets—purpose-built race cars powered by 750cc motorcycle engines—three support divisions will also race: Slingshots, Champ Karts and Dirt 600 Micro Sprints. Family-Friendly Pricing: Tickets start at just $20 for adults, with general admission for children available for only $5 on the day of the event. Premium front-row seating and reserved seats are also available for an additional fee. Pricing excludes facility and ticketing fees. Fans can enjoy an exclusive pre-race FanFest on the arena floor, where lower-level reserved ticket holders can walk the track and meet their favorite drivers before Saturday night’s race. The 2005 Indoor Auto Racing Series opens with a two-day show inside Allentown, PA’s PPL Center on Friday and Saturday, January 4th and 5th. The stars will then head to Boardwalk Hall in Atlantic City, NJ. The series will conclude its season on a clay oval at the CURE Insurance Arena in Trenton, NJ, on February 21 and 22. For more information about the Indoor Auto Racing Series, including hotel deals at nearby casinos and hotels, racer rules, and entry forms, visit IndoorAutoRacing.com. *** Driving 101, which operates the NASCAR Racing Experience, the leader in authentic NASCAR driving experiences, is thrilled to unveil its highly anticipated 2025 schedule. Race fans across the country can now plan their NASCAR dream experience with the release of dates at 17 premier speedways nationwide, including iconic tracks like Daytona International Speedway, Talladega Superspeedway, and Charlotte Motor Speedway. The 2025 schedule kicks off in January and runs through December, offering fans more opportunities than ever before to take the wheel of a real NASCAR race car. Whether fans are looking to fulfill a lifelong racing dream or searching for the perfect gift for the adrenaline junkie in their life, this experience puts fans in the driver’s seat to feel the thrill of NASCAR firsthand. With 17 locations on the calendar, NASCAR Racing Experience continues to expand its reach, giving fans coast to coast the opportunity to drive on the same tracks where NASCAR legends have raced. Spots are limited at each speedway, so early booking is highly encouraged. For the full 2025 schedule, pricing, and booking details, visit www.NASCARRacingExperience.com. About NASCAR Racing Experience: NASCAR Racing Experience is the leading experiential racing company in North America, offering the most realistic racing programs available to motorsports fans nationwide. There’s no lead car to follow and drivers race without an instructor alongside. The drivers compete in real NASCAR race cars driven by NASCAR drivers including Joey Logano, Christopher Bell, Denny Hamlin, Michael McDowell, Ty Gibbs and Corey Lajoie, among others. Reservations can be made at www.NASCARRacingExperience.com. Gift Cards are available for any amount and never expire. The customer service department is available seven days a week. NASCAR Racing Experience programs are conducted at 17 race tracks across the United States and offer a vast array of corporate outings and motorsports themed events. For more information call 704-886-2400 or visit www.NASCARRacingExperience.com *** Following a successful meeting with its race teams, the USAC East Coast Sprint Cars are poised to continue bringing the excitement and thrills of non-wing sprint car competition to race tracks in the Northeastern United States for the 2025 season...and beyond. A solid turnout of competitors and their car owners and crews were in place for a recent meeting that focused on the series structure and rules, and now the focus of attention shifts to off-season motorsports shows and the building of a 2025 season schedule. “We’re very close to completing the 2025 season schedule,” said USAC East Coast Sprint Cars President Ed Aikin. “We’re anticipating somewhere in the neighborhood of 20 races for the season, and based on what we heard at our first competitor meeting, we’re expecting a solid field of cars to follow the series next season. Our race teams gave us some great feedback at the competitor meeting, and cars are already being prepared for racing. It’s good to see this level of excitement before the first green flag flies for 2025!” The series schedule is expected to be released prior to the Motorsports 2025 event in Oaks, PA on January 24th and 25th, where the USAC East Coast Sprint Cars will have a booth and display as one of a few scheduled motorsports show appearances for the USAC East Coast Sprint Cars in the off-season. “Motorsports is always one of the biggest gatherings for race fans and racers during the winter months, and we’re happy to be able to be a part of it,” stated Aikin. “We’re also going to be a part of the annual Racing Xtravaganza show in York, PA and may make some other appearances in the region during the off-season months.” The series has retained the services of motorsports announcer and PR person “Cowboy” Paul Szmal for the 2025 season. “I had a chance to call some USAC non-wing shows when I lived in the Midwest and I was hooked,” said Szmal. “I’m looking forward to calling the action in 2025 for the series, as well as introducing fans to the drivers in a way that they’ll be more than just a person wearing a firesuit and helmet.” The USAC East Coast Sprint Cars official web site (http://usaceastcoastsprintcars.myracepass.com) will continue to serve as a source of information for fans and racers alike. For further information on the USAC East Coast Sprint Cars for 2025, please contact Paul Szmal at (315) 759-0176 or via email at drwho941@yahoo.com *** The 2025 Kubota High Limit Racing schedule has been finalized with 61 events planned at 36 unique facilities across 20 states for the second-year national sprint car series. The 2025 campaign is once again headlined by a trio of six-figure paydays between the Joker’s Jackpot at Eldora Speedway in Rossburg, Ohio on July 16-17, the 71st Gold Cup Race of Champions at Silver Dollar Speedway in Chico, California on August 21-23, and the Skagit Nationals at Skagit Speedway in Burlington, Washington on August 28-30. Pennsylvania’s Port Royal Speedway, AKA “The Speed Palace,” will remain a staple on the Kubota High Limit Racing calendar with the Bob Weikert Memorial expanding to a three-day event on May 23-25 and the 58th edition of the famed Tuscarora 50 continuing on September 4-6. New in 2025 – in fitting fashion – Kubota High Limit Racing will shift the season-opening event to “The Entertainment Capital of the World,” bringing Sprint Cars back to The Dirt Track at Las Vegas Motor Speedway on NASCAR weekend. The Nevada 1/2-mile will host races on Thursday, March 13 and Saturday, March 15, culminating in a $25,000-to-win finale.

Pennsylvania legislators’ base salaries will crack the $110,000 mark for the first time starting next month due to inflation-based cost-of-living adjustments. Rank-and-file members of the state House of Representatives and Senate will receive annual salaries of $110,015.54 starting Dec. 1, according to soon-to-be published pay tables. Lawmakers receive their salaries in monthly payments. Current pay is $106,422.33, with the 3.38% raise coinciding with October’s year-over-year Consumer Price Index increase for the mid-Atlantic metro region that includes Pennsylvania. Under a 1995 amendment to Pennsylvania’s compensation law, pay for judges, legislators and most state-level officials is tied to regional CPI inflation. Lawmakers’ automatic raises are based on the October CPI data that is published in November, with the raises kicking in Dec. 1. Lawmakers who hold leadership positions within the House and Senate receive additional compensation that also rises with the CPI. The president pro tempore of the Senate and the speaker of the House will have salaries of $171,741.28 as of next month. The four floor leaders – both parties in both chambers – will see their pay rise to $159,398.47, with each caucus’ officers receiving slightly smaller premiums over base lawmaker pay. Pennsylvania’s legislature is one of the largest and highest-paid in the nation, with 203 members of the House and 50 state Senators. Only New York and California have higher base pay for lawmakers, according to tracking by the National Conference of State Legislatures. By contrast, many other states have much smaller legislatures that do not meet year-round, as Pennsylvania’s does. Maryland, for instance, pays legislators $54,437 for a session that is limited to 90 days from January to April, according to the NCSL. The commonwealth’s automatic salary-setting has its supporters and detractors. The main argument in favor of the law is that it saves legislators from spending time and political capital debating their own pay every year, and guarantees that lawmakers who aren’t independently wealthy will be able to continue to serve despite rising costs-of-living. Critics have said the raises are often excessive; when the pay amendment passed in 1995, legislative salaries were just $47,000. Several legislators have long told PennLive that they return their raises to the state treasury or give the amount to charity. In 2020, the legislature passed a law to cancel its own pay increases amidst the COVID-19 pandemic. But the freeze was one-year-only and had limited impact given that inflation was low during the COVID recession. Lawmakers then received large raises in December of 2021 and 2022 amidst large CPI increases. The legislature’s automatic cost-of-living adjustments also stand in contrast to some sectors of Pennsylvania’s public workforce, whose raises have been sporadic at best. In 2001, the state overhauled the benefit scales for public school teachers’ pensions – but those teachers who retired prior to 2001 have seen stagnant retirement pay for over two decades, and the legislature has thus far failed to reach a deal to rectify this.Major stock indexes we mixed on Wall Street in afternoon trading Monday, marking a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average slipped 21 points, or 0.1% as of 2:22 p.m. Eastern time. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.6%. Broadcom jumped 5.7% to also help support the broader market. Walmart fell 2.2% and PepsiCo slid 1.3%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.1% , while Nissan fell 0.9%. Eli Lilly rose 3.3% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.7% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.

On Monday, Dec. 2, Burnaby council voted with a majority of seven to two to cancel the planned trip to three of Burnaby’s sister cities: Kushiro in Japan, Hwaseong in South Korea, and Taichung in Taiwan. The trip, which was supposed to take place in September 2025 would have cost between $106,000 and $116,000 for three councillors and the mayor, as reported by the Beacon on Aug. 7, 2024. Mayor Mike Hurley was the first council member to say he opposed the trip during the meeting. “I will start this out by saying that I’m opposed to this at this time, although I would love to keep our sister city relationships going, and they are important, and they’ve been going for a long time; I just don’t think that this is the right time to be traveling, given the constraints on budgets that we’re going to see moving forward here,” Hurley said. Councillors Joe Keithley, Alison Gu, Daniel Tetrault, and Maita Santiago followed the mayor in opposing the trip due to its high cost and the fact that Burnaby residents are currently struggling to make ends meet. “It just seems very out of touch with what people are facing, and people are struggling to pay their own bills and rent, and us going on a trip that costs $15,000 a head just doesn’t seem right,” Tetrault said. “I also do think it’s worth re-looking at our whole sister city policy and analyzing future trips, whether it merits the cost for not only council, but staff, and also use of staff and council time.” Gu said the trip would also be high in emissions, environmental impact, and financial cost. Three councillors approved the trip and wanted it to occur: Sav Dhaliwal, Pietro Calendino, and Richard Lee. Dhaliwal spoke at length about the many benefits of the sister cities program and how these types of trips can help develop the city and bring new ideas, technologies, and other benefits and opportunities to Burnaby. Dhaliwal added that the sister cities program is “priceless.” “When we embarked on this journey of having friendship and sister cities, it was with the intention of creating some worldwide harmony, learning from each other, and having to share our cultures,” Dhaliwal said. “I had the opportunity to go to Japan once many years ago, to the Kushiro sister city and I marvel at what we learned and what we have gained from that relationship.” Calendino, who is the chair of the International Relations and Friendship Cities Committee, said he was disappointed in the opposition to the trip. “I’m a little bit disappointed at the reaction of the councillors and yourself, Mr. Mayor. This is not something new. We’ve been discussing this for almost a year,” Calendino said. “And to clarify one thing, this does not come from taxpayers’ draw. This comes from game funds, which are to be used for a one-time activity.” Calendino added that while the cost seems excessive in the report, there are options for travel that do not include business-class airfare and may reduce the cost. Lee wanted to direct staff to look into alternative funding sources and explore the possibility of councillors paying a portion of the trip expenses out of pocket. Gu requested that Lee put forward a formal motion about it. “I would appreciate the opportunity to actually vote on that because staff resources are quite limited, and I wouldn’t want us wasting time on something if there wasn’t actually council support for something,” Gu said. Lee’s motion was unsuccessful, and the majority of council members voted against the trip.Just a year after he became chief executive officer of Philip Morris International Inc., Jacek Olczak swooped on rival nicotine pouch maker Swedish Match in a $16 billion deal. Olczak wanted the company’s vast U.S. distribution network and popular Zyn nicotine pouches, which are about the size of a chiclet and meant to be placed between a user’s gum and upper lip. Hailed by some as a product that can give users “unstoppable force,” Zyn now is in such high demand that the company is on track to sell 580 million tins in the U.S. this year, up from 385 million a year earlier. It’s all part of Olczak’s plan as he charts a way for the world’s largest tobacco company to generate two-thirds of its revenue from smoke-free alternatives to cigarettes by 2030. The problem? It’s becoming increasingly clear that the huge wave in popularity for Zyn is also sweeping up kids. There are already an estimated half million underage pouch users in the U.S. who are developing a taste for nicotine — a highly addictive, toxic chemical. Philip Morris was fined $1.2 million over the weekend for sales in Washington, D.C., of pouches made with banned flavors, which are seen as more attractive to children. Olczak is clear that the tobacco company may never be able to stop kids from trying its products. “The unfortunate thing is that with young people, there is an element of experimentation,” he said in an interview with Bloomberg at the company’s headquarters in Switzerland. “It doesn’t matter which country. This age is about experimentation, and they will experiment with the things the adults are doing.” His own 16-year-old son is curious about nicotine, he said. “You have to understand that ‘zero’ will not exist.” For Philip Morris, which reported $35.2 billion in net annual sales last year, the company is at a precipice: navigating the potential huge upside in the U.S. could depend on its ability to prove that it’s not hooking a new generation of young people on nicotine. Olczak says the company is already able to show this and he knows how important it is to “shield young people” from nicotine-containing products. The Polish-born executive said Philip Morris seeks to stop underage use of fake IDs to gain access to restricted items by partnering with organizations such as WeCard and TruAge. It also uses technology to “age gate” Zyn’s digital advertising in the U.S. and monitors social media for inappropriate content. “The restrictions which we need to seriously walk the talk is the age access,” he added. And while 480,000 young Americans now use nicotine pouches, the number has held steady from last year, according to the annual National Youth Tobacco Survey. The cautionary example here though is Juul, the high strength e-cigarette brand accused in multiple lawsuits of targeting underage users through stylishly designed vaporizers and advertisements on youth-focused websites. The U.S. Food and Drug Administration banned Juul from marketing its products in 2022, and rescinded the order earlier this year. Olczak, 59, insists the marketing of Zyn is “day and night” compared to Juul, pointing again to his company’s focus on age verification. Still, a quick search on TikTok turns up a stream of videos promoting the pouches, including endorsements from Joe Rogan and Tucker Carlson. The CEO maintains that Philip Morris has never paid for influencer promotion. The company is “very careful about which audiences we talk with,” he said. “We don’t mind our consumers sharing their happiness,” he added, “but we would like them to watch who follows them.” With sales climbing, the FDA has already begun to crack down, penalizing retailers caught selling to minors, and sending warning letters to online sellers offering unauthorized flavors of Zyn products. The regulator says that nicotine, which is addictive, can harm adolescent brain development and impact attention, learning and memory. To Olczak’s frustration, Zyn and other nicotine pouches have not yet been authorized by the FDA — Swedish Match filed an application in March 2020 — but are permitted to stay on the market while the request is being considered. That hasn’t dampened demand: Zyn sales grew 41.4% in the third quarter in the U.S. compared to a year earlier, reaching 149.1 million cans. Following reports of supply shortages in the U.S., Philip Morris made a fresh investment in its Owensboro, Kentucky plant, and announced plans to build a new factory in Colorado. Other Philip Morris products are facing similar regulatory challenges. Sales of a heated tobacco stick called IQOS are expected to decline slightly this year as a result of what Stefan Volpetti, who oversees the company’s inhaled smoke-free products, calls “short-term turbulence” related to regulation. The EU has banned flavored heated tobacco products, and Taiwan has banned heated tobacco outright. In the United Kingdom, Philip Morris has also come under fire for its ambitions to expand into health care. In September, it announced plans to sell British inhaler-maker Vectura Group Ltd. for roughly a third of the price it paid just three years ago. The $1.2 billion deal was criticized by scientific organizations, health charities and anti-smoking campaigners who said that Big Tobacco should not benefit from a company whose products are used by Britain’s National Health Service, among others. Some even recommended that doctors stop proscribing Vectura-made inhalers. Olczak believes that this response crossed a line. “The scientists of Vectura were cut off completely from any symposia or gathering,” he said. People were “obsessed with the fact Philip Morris was the shareholder.” The controversy illustrates the challenges facing the company, as it attempts to leave cigarettes behind and push into new product areas. Philip Morris still has a long way to go before it sells its last pack, Olczak sees the launch of IQOS in the U.S. and a surge in Zyn sales as an opportunity to step in the right direction. “The destination is a given,” he reflected. “It’s written on the wall.”good online gambling sites 。

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Earlier this year, we wrote a commentary on . In this commentary, we’ll take a deeper dive into the U.S. Navy. Understanding the $6 billion-plus budget for IT spending in the Navy is important for vendors, because the programs supported in this budget create an effective positioning framework for products and services sold into this branch the DoD. Overall this year, the budget for the Navy is expected to experience a modest increase of $1.3 billion on top of the $202.5 billion awarded to the service in fiscal 24. Much of this increase is dedicated to improving maintenance of existing ships and improving the health of the industrial supply chain necessary to support ship maintenance and procurement. As a subset of that overall budget, Navy IT budgeting accounts for more than $6 billion. Nearly $5.2 billion has been requested in steady state IT budgeting, with $875.5 million going toward development, modernization and enhancement. Funds for Navy IT are divided among information security initiatives, enterprise information system expansions and automated tool adoption. Let’s look at some key areas of investment. ( . This program is intended to modernize legacy cryptographic equipment, and it includes families of communications security (COMSEC) and transmission security (TRANSEC) devices, divided into crypto voice, crypto data, crypto products and associated ancillary devices. These devices provide modern cryptographic solutions to replace obsolete, legacy devices within the crypto categories to meet mandated National Security Agency (NSA) cease key dates for modernized encryption. This is the Navy's defensive cyberspace operations (DCO) analysis enclave and means to achieve cyberspace detection-in-depth for maritime forces afloat and ashore. SHARKCAGE is the mechanism by which units, groups and fleets will gain an attack sensing and warning (AS&W) capability. CND ashore provides capabilities to secure the cyber domain. The CND afloat operating system environment (OSE) includes host-based protection tools, system vulnerability tools, cyber remediation tools, supporting hardware and software for Department of Defense (DoD) mandated tools, enhanced data correlation tools, switches, ancillary devices and other related security tools. This initiative is a combination of Tier 1 key management infrastructure (KMI), Tier 2 security equipment and Tier 3 equipment and software (SW) for key distribution and loading into end cryptographic units (ECUs). KMI provides net-centric operations for COMSEC material management. It also provides the means for secure ordering, generation, production, distribution, management and auditing of secure key of cryptographic products. Funds here will go toward critical infrastructure, improving computing and storage capacity, reducing operation and management complexity while increasing security, availability and resiliency of the network. There will also be continued expansion of internet protocol version 6 (IPV6) and 5G, ONE-Net - NMCI Convergence, cloud SASE interface, data center consolidation, implementation of zero-trust capabilities and Naval Identity Services (NIS). This initiative supports NMCI and ONE-Net hardware and software compliance based technical refresh to support network performance until capability can be transformed or replaced. Funds will buy down technical debt, commence migration toward a unified shore and tactical edge afloat network, and implement a technical enterprise architecture to replace obsolete technologies associated with NMCI and ONE-Net platforms. Funds provided will continue engineering, integration, and implementation for replacement of Host Based Security System (HBSS) to the latest DISA approved version, existing McAfee sensors with Cisco Firepower for Intrusion Prevention System (IPS), and Assured Compliance Assessment Solution (ACAS) for infrastructure expansion. Funds provided will continue classified and unclassified video and voice over internet protocol (VVoIP) cryptographic login (CLO) infrastructure upgrades. Included are design, hardware and software procurement, and implementation of mandated CLO requirement for NMCI VVoIP infrastructure. This initiative focuses on procurement of command-and-control equipment for both shipboard and shore units, including Link 16 network program crypto modernization (CM) and frequency remapping (FR) upgraded terminals, Link 16 network program antennas, command and control processor (C2P) hardware and software, and link monitoring management tool (LMMT) hardware and software. Funding here supports the identification and validation of C4ISR/IT system requirements, supporting ancillary tools and provides platform architecture, integration and installation design planning efforts tailored to deliver specific required capability to information warfare (IW)shore platforms. There is also nearly $25 million directed toward Navy IT research and development — most notably some $14.5 million for a risk management software pilot project for safety program management capabilities. Overall, this spending snapshot will be useful to vendors and systems integrators targeting procurement by the Navy. Appropriate positioning here will greatly enhance your sales opportunities. To read more about defense, as well as federal civilian agency, and SLED spending visit our .

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Tech Phenomenon: Palantir Technologies The rollercoaster journey of Palantir Technologies, a company leveraging artificial intelligence, has captivated investors worldwide. From a low of $6 per share during the 2022 bear market to an astonishing 12-fold increase, the stock’s meteoric rise has sparked debates about its future prospects in 2025. The AI Catalyst Palantir has consistently integrated AI into its platforms, Gotham and Foundry, even before most investors recognized its potential. In 2023, the company took a giant leap with the introduction of its generative AI-driven Artificial Intelligence Platform (AIP). This innovation provided substantial productivity gains for clients through AIP boot camps, leading to significant new deals across various industries. One standout success came from an equipment rental company that dramatically improved its average revenue retention. Additionally, the public sector saw significant achievements, with substantial contributions from their work with TITAN, the Army’s cutting-edge intelligence ground station. Financial Insights Despite impressive performance, Palantir faces questions about its financial sustainability. The company witnessed a 30% increase in quarterly revenue growth, reaching $2 billion for the first nine months of 2024, thanks to well-controlled operating expenses. This led to a remarkable 229% rise in net income attributable to stockholders. Investment Risks Ahead? Palantir’s soaring stock price reflects incredible growth but also carries potential overvaluation concerns. With a trailing P/E ratio of 368 and a forward sales multiple of 60, cautious investors may question if Palantir is priced for perfection. As the market eagerly anticipates the company’s next moves, potential buyers are advised to tread carefully and perhaps keep Palantir on their watch list. Unlocking the Future: Key Innovations and Trends in Palantir Technologies In the ever-evolving landscape of technology, Palantir Technologies stands as a beacon of innovation and transformation. The company’s journey, marked by its strategic integration of artificial intelligence (AI) into its core platforms, has piqued the interest of investors and tech enthusiasts worldwide. As Palantir navigates the complexities of the digital economy, several new insights and trends emerge, providing a glimpse into its future trajectory. Pioneering Innovations in AI Palantir’s commitment to leveraging AI is a cornerstone of its success. With the launch of its Artificial Intelligence Platform (AIP) in 2023, Palantir introduced groundbreaking enhancements that empower businesses across sectors. The platform’s generative AI capabilities not only streamline operations but also unlock unprecedented productivity gains. For clients eager to optimize performance, Palantir’s AIP boot camps offer hands-on training and strategic insights, leading to transformative results. Strategic Use Cases and Industry Impact Palantir’s AI-driven solutions have yielded substantial success stories. A notable achievement can be seen in the equipment rental industry, where Palantir’s technology significantly boosted average revenue retention. Furthermore, their contributions to the public sector, notably through TITAN—a sophisticated intelligence ground station for the Army—highlight the company’s pivotal role in national defense and security. These use cases underscore Palantir’s ability to adapt its powerful tools across diverse fields. Financial Health and Market Predictions As Palantir’s stock continues its upward trajectory, questions about financial sustainability become increasingly pertinent. A key highlight is the company’s 30% increase in quarterly revenue, reaching an impressive $2 billion by September 2024. This growth has been achieved while maintaining strict control over operating expenses, resulting in a remarkable 229% increase in net income for shareholders. However, potential overvaluation remains a concern, with high price-to-earnings (P/E) ratios suggesting volatility. Risk Management and Investment Considerations For investors, Palantir’s stock presents a high-reward yet high-risk proposition. The current valuation metrics could indicate that the stock is priced for perfection, necessitating cautious consideration by potential investors. Analysts recommend monitoring market trends and Palantir’s strategic initiatives closely to make informed investment decisions. Future Trends and Sustainability Looking ahead, sustainability stands as a critical focus for Palantir. As the global community increasingly emphasizes eco-conscious practices, Palantir’s role in promoting sustainable digital transformation could provide new growth opportunities. By aligning their technological advancements with sustainable goals, Palantir can further cement its position as a leader in responsible innovation. For more information about Palantir Technologies, visit the official website: Palantir Technologies . In summary, Palantir Technologies continues to expand its influence through pioneering AI solutions and strategic applications across industries. As the company navigates challenges and opportunities, its commitment to innovation and sustainability will likely play a pivotal role in shaping its future success.The Azuero International Fair Has A Date. New Technologies Will Be ImplementedBristol Motor Speedway team members, with help from their mischievous mascots Bump and Run, unveiled the official MLB Speedway Classic countdown clock that is clicking down the days, hours and minutes until the ceremonial first pitch is thrown out on August, 2, 2025 and play gets started in the historic Major League Baseball game featuring the Cincinnati Reds and Atlanta Braves at BMS. For social media enthusiasts, baseball fans and ticketholders who would like to grab a selfie with the new clock, The MLB Speedway Classic Countdown Clock is located at BMS Entrance 1 just off Volunteer Parkway next to the It’s Bristol Baby! monument. Sports fans will need to hustle on over to MLB.com/SpeedwayClassic if they want to be a part of the historic national regular season game between the Atlanta Braves and Cincinnati Reds that will be played at iconic Bristol Motor Speedway on Saturday, August 2, 2025 at 7 p.m. (ET). The game at The World’s Fastest Half-Mile will be the first American or National League game ever played in the Volunteer state. Tennessee becomes the fifth different state across the United States to host an MLB game for the first time since 2016. General public tickets for the MLB Speedway Classic presented by BuildSubmarines.com are available for purchase by visiting MLB.com/SpeedwayClassic. A maximum of eight tickets are allowed per order and all ticket sales will be conducted online. All tickets will be delivered digitally and available on mobile devices through the MLB Ballpark app and the Ticketmaster app. *** The NAPA AUTO PARTS Atlantic City Indoor Race is more than just a race, it’s an event. This January 31 and February 1, the connection between the racing and the after party, will be stronger than ever. Thanks to support from The West at Caesars Atlantic City (formerly Wild Wild West) and the Atlantic City Sports Commission, the TQ Midget winner’s share on both Friday and Saturday night will be increased by $1,500. “The Atlantic City races are special, everytime I walk into the arena on race weekend I get goosebumps, the building has so much history and over the past 20 years we have made history of our own,” stated event promoter Len Sammons. The Atlantic City Indoor Races, are held annually the last weekend in January, inside famous Boardwalk Hall, located right on the inconic boardwalk and steps away from the casinos and resorts that have made the town famous. In 2025, the ‘Race Hard, Play Hard’ post-event parties will help to raise the stakes for the winner of Friday and Saturday night’s TQ Midget A-Main. Should a driver sweep the weekend, the winner’s will exceed $10,000. “Starting in 2025, the race winner of Friday and Saturday night will not only go on stage at The West, but they will both be presented with a $1,500 bonus check as well.” The lively hub of nightlife during race weekend is only a two minute walk away at Caesars Atlantic City. The West at Caesars features live music, casino gaming, beer pong, sports betting, bull riding, arcade games, and much more. Tickets for the event are on sale now via Ticketmaster and the Boardwalk Hall box office.In addition to the high-speed TQ Midgets—purpose-built race cars powered by 750cc motorcycle engines—three support divisions will also race: Slingshots, Champ Karts and Dirt 600 Micro Sprints. Family-Friendly Pricing: Tickets start at just $20 for adults, with general admission for children available for only $5 on the day of the event. Premium front-row seating and reserved seats are also available for an additional fee. Pricing excludes facility and ticketing fees. Fans can enjoy an exclusive pre-race FanFest on the arena floor, where lower-level reserved ticket holders can walk the track and meet their favorite drivers before Saturday night’s race. The 2005 Indoor Auto Racing Series opens with a two-day show inside Allentown, PA’s PPL Center on Friday and Saturday, January 4th and 5th. The stars will then head to Boardwalk Hall in Atlantic City, NJ. The series will conclude its season on a clay oval at the CURE Insurance Arena in Trenton, NJ, on February 21 and 22. For more information about the Indoor Auto Racing Series, including hotel deals at nearby casinos and hotels, racer rules, and entry forms, visit IndoorAutoRacing.com. *** Driving 101, which operates the NASCAR Racing Experience, the leader in authentic NASCAR driving experiences, is thrilled to unveil its highly anticipated 2025 schedule. Race fans across the country can now plan their NASCAR dream experience with the release of dates at 17 premier speedways nationwide, including iconic tracks like Daytona International Speedway, Talladega Superspeedway, and Charlotte Motor Speedway. The 2025 schedule kicks off in January and runs through December, offering fans more opportunities than ever before to take the wheel of a real NASCAR race car. Whether fans are looking to fulfill a lifelong racing dream or searching for the perfect gift for the adrenaline junkie in their life, this experience puts fans in the driver’s seat to feel the thrill of NASCAR firsthand. With 17 locations on the calendar, NASCAR Racing Experience continues to expand its reach, giving fans coast to coast the opportunity to drive on the same tracks where NASCAR legends have raced. Spots are limited at each speedway, so early booking is highly encouraged. For the full 2025 schedule, pricing, and booking details, visit www.NASCARRacingExperience.com. About NASCAR Racing Experience: NASCAR Racing Experience is the leading experiential racing company in North America, offering the most realistic racing programs available to motorsports fans nationwide. There’s no lead car to follow and drivers race without an instructor alongside. The drivers compete in real NASCAR race cars driven by NASCAR drivers including Joey Logano, Christopher Bell, Denny Hamlin, Michael McDowell, Ty Gibbs and Corey Lajoie, among others. Reservations can be made at www.NASCARRacingExperience.com. Gift Cards are available for any amount and never expire. The customer service department is available seven days a week. NASCAR Racing Experience programs are conducted at 17 race tracks across the United States and offer a vast array of corporate outings and motorsports themed events. For more information call 704-886-2400 or visit www.NASCARRacingExperience.com *** Following a successful meeting with its race teams, the USAC East Coast Sprint Cars are poised to continue bringing the excitement and thrills of non-wing sprint car competition to race tracks in the Northeastern United States for the 2025 season...and beyond. A solid turnout of competitors and their car owners and crews were in place for a recent meeting that focused on the series structure and rules, and now the focus of attention shifts to off-season motorsports shows and the building of a 2025 season schedule. “We’re very close to completing the 2025 season schedule,” said USAC East Coast Sprint Cars President Ed Aikin. “We’re anticipating somewhere in the neighborhood of 20 races for the season, and based on what we heard at our first competitor meeting, we’re expecting a solid field of cars to follow the series next season. Our race teams gave us some great feedback at the competitor meeting, and cars are already being prepared for racing. It’s good to see this level of excitement before the first green flag flies for 2025!” The series schedule is expected to be released prior to the Motorsports 2025 event in Oaks, PA on January 24th and 25th, where the USAC East Coast Sprint Cars will have a booth and display as one of a few scheduled motorsports show appearances for the USAC East Coast Sprint Cars in the off-season. “Motorsports is always one of the biggest gatherings for race fans and racers during the winter months, and we’re happy to be able to be a part of it,” stated Aikin. “We’re also going to be a part of the annual Racing Xtravaganza show in York, PA and may make some other appearances in the region during the off-season months.” The series has retained the services of motorsports announcer and PR person “Cowboy” Paul Szmal for the 2025 season. “I had a chance to call some USAC non-wing shows when I lived in the Midwest and I was hooked,” said Szmal. “I’m looking forward to calling the action in 2025 for the series, as well as introducing fans to the drivers in a way that they’ll be more than just a person wearing a firesuit and helmet.” The USAC East Coast Sprint Cars official web site (http://usaceastcoastsprintcars.myracepass.com) will continue to serve as a source of information for fans and racers alike. For further information on the USAC East Coast Sprint Cars for 2025, please contact Paul Szmal at (315) 759-0176 or via email at drwho941@yahoo.com *** The 2025 Kubota High Limit Racing schedule has been finalized with 61 events planned at 36 unique facilities across 20 states for the second-year national sprint car series. The 2025 campaign is once again headlined by a trio of six-figure paydays between the Joker’s Jackpot at Eldora Speedway in Rossburg, Ohio on July 16-17, the 71st Gold Cup Race of Champions at Silver Dollar Speedway in Chico, California on August 21-23, and the Skagit Nationals at Skagit Speedway in Burlington, Washington on August 28-30. Pennsylvania’s Port Royal Speedway, AKA “The Speed Palace,” will remain a staple on the Kubota High Limit Racing calendar with the Bob Weikert Memorial expanding to a three-day event on May 23-25 and the 58th edition of the famed Tuscarora 50 continuing on September 4-6. New in 2025 – in fitting fashion – Kubota High Limit Racing will shift the season-opening event to “The Entertainment Capital of the World,” bringing Sprint Cars back to The Dirt Track at Las Vegas Motor Speedway on NASCAR weekend. The Nevada 1/2-mile will host races on Thursday, March 13 and Saturday, March 15, culminating in a $25,000-to-win finale.

Pennsylvania legislators’ base salaries will crack the $110,000 mark for the first time starting next month due to inflation-based cost-of-living adjustments. Rank-and-file members of the state House of Representatives and Senate will receive annual salaries of $110,015.54 starting Dec. 1, according to soon-to-be published pay tables. Lawmakers receive their salaries in monthly payments. Current pay is $106,422.33, with the 3.38% raise coinciding with October’s year-over-year Consumer Price Index increase for the mid-Atlantic metro region that includes Pennsylvania. Under a 1995 amendment to Pennsylvania’s compensation law, pay for judges, legislators and most state-level officials is tied to regional CPI inflation. Lawmakers’ automatic raises are based on the October CPI data that is published in November, with the raises kicking in Dec. 1. Lawmakers who hold leadership positions within the House and Senate receive additional compensation that also rises with the CPI. The president pro tempore of the Senate and the speaker of the House will have salaries of $171,741.28 as of next month. The four floor leaders – both parties in both chambers – will see their pay rise to $159,398.47, with each caucus’ officers receiving slightly smaller premiums over base lawmaker pay. Pennsylvania’s legislature is one of the largest and highest-paid in the nation, with 203 members of the House and 50 state Senators. Only New York and California have higher base pay for lawmakers, according to tracking by the National Conference of State Legislatures. By contrast, many other states have much smaller legislatures that do not meet year-round, as Pennsylvania’s does. Maryland, for instance, pays legislators $54,437 for a session that is limited to 90 days from January to April, according to the NCSL. The commonwealth’s automatic salary-setting has its supporters and detractors. The main argument in favor of the law is that it saves legislators from spending time and political capital debating their own pay every year, and guarantees that lawmakers who aren’t independently wealthy will be able to continue to serve despite rising costs-of-living. Critics have said the raises are often excessive; when the pay amendment passed in 1995, legislative salaries were just $47,000. Several legislators have long told PennLive that they return their raises to the state treasury or give the amount to charity. In 2020, the legislature passed a law to cancel its own pay increases amidst the COVID-19 pandemic. But the freeze was one-year-only and had limited impact given that inflation was low during the COVID recession. Lawmakers then received large raises in December of 2021 and 2022 amidst large CPI increases. The legislature’s automatic cost-of-living adjustments also stand in contrast to some sectors of Pennsylvania’s public workforce, whose raises have been sporadic at best. In 2001, the state overhauled the benefit scales for public school teachers’ pensions – but those teachers who retired prior to 2001 have seen stagnant retirement pay for over two decades, and the legislature has thus far failed to reach a deal to rectify this.Major stock indexes we mixed on Wall Street in afternoon trading Monday, marking a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average slipped 21 points, or 0.1% as of 2:22 p.m. Eastern time. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.6%. Broadcom jumped 5.7% to also help support the broader market. Walmart fell 2.2% and PepsiCo slid 1.3%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.1% , while Nissan fell 0.9%. Eli Lilly rose 3.3% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.7% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.

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