Shanghai has been smacked by its strongest typhoon in 75 years after making landfall on China’s east coast early Monday, according to reports from state media, forcing container vessels to steer clear of the two major ports in the metropolitan area.Ahead of Typhoon Bebinca’s arrival, the Port of Shanghai saw a 56 percent drop in container vessel port calls from Friday to Saturday, according to data from maritime visibility platform Windward AI. That was followed by an even more dramatic 95 percent decrease into Sunday.More from Sourcing JournalAnd the Port of Ningbo-Zhoushan saw an 86 percent decline in port calls…
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At a ceremony on Monday, Kane County officials formally accepted a federal grant of nearly $1 million to help build a regional forensics laboratory.The goals of the Kane County Forensic Laboratory are to rapidly generate leads for criminal investigations, streamline the process of obtaining information for pending court cases and determine cause of death in a timely manner for grieving families, according to a presentation given at the ceremony.The grant, which was previously announced earlier this year, will be put toward expanding the relatively newly-formed lab, officials said during the ceremony.The $963,000 formerly given to the lab on Monday was…
STOCKHOLM (Reuters) – Lower voter turnout and increasingly contested results globally are threatening the credibility of elections, an intergovernmental watchdog warned on Tuesday, as its sub-index for free and fair elections suffered its biggest decline on record in 2023. In its report, the Stockholm-based International Institute for Democracy and Electoral Assistance (IDEA) said 2023 was the eighth consecutive year with a net decline in overall democratic performance, the longest consecutive fall since records began in 1975. The watchdog bases its Global State of Democracy indexes on more than 100 variables and is using four main categories – representation, rights, rule…
Toyota’s Prius, a perennial award winner, continues to impress. The hybrid vehicle, which recently celebrated its 30th industry award, has been a consistent top seller thanks to its efficient performance and stylish design. Available in both hybrid and plug in hybrid configurations, the Prius offers a range of options for environmentally conscious drivers. Despite Toyota’s recent focus on other models like the Crown, Tundra, and Corolla, the Prius remains a popular choice. Toyota Prius Sets New Fuel Efficiency Record on Cross-Country Journey (Toyota) The car’s quirky yet stylish appearance and two powertrain options have contributed to its success. The Prius…
ABC News has again insisted that no topics or questions were shared with either Vice President Kamala Harris or Donald Trump, and their respective campaigns, in advance of last week’s presidential debate.The network’s statement came after it declined to directly address allegations—made in an allegedly sworn statement, purportedly by one of its staff—that it helped Harris in the debate.The claims are made in a document which has itself become a viral sensation among MAGA influencers and been amplified by leading Trump allies like Marjorie Taylor Greene.The document was first published Sunday—by an X account with nearly 100,000 followers, and the…
A Miami traffic stop involving Tyreek Hill, the star receiver for the Miami Dolphins, quickly escalated into a heated confrontation that ended with the player being forcibly removed from his vehicle and handcuffed. The incident occurred on Sunday before the team’s season opener against the Jacksonville Jaguars. The encounter began when a police officer on a bicycle pulled over Hill’s McLaren 720S for reckless driving. When the officer approached the car and knocked on the window, Hill refused to lower the window and became agitated. The officer insisted that Hill comply, but the player continued to resist. Eventually, the officer…
WASHINGTON — American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak. It’s likely to be just the first in a series of rate cuts that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated. Consider Kelly Mardis, who owns Marcel Painting in Tempe, Arizona. About a quarter of Mardis’ business comes from real estate agents who are prepping homes for sale or from…
In a recent move, Longboard Pharmaceuticals, Inc. (NASDAQ:LBPH) saw its Chief Medical Officer, Kaye Randall, engage in significant stock transactions. Randall sold a total of $527,318 worth of common stock on September 16, at prices ranging from $30.886 to $34.0359 per share.The sales were conducted in multiple transactions, with 9,366 shares sold at an average price of $30.886, 4,200 shares at $31.8148, 1,200 shares at $33.1246, and 1,900 shares at $34.0359. These transactions were reported through a Form 4 filing with the Securities and Exchange Commission (SEC), which noted that the sales occurred under a pre-established Rule 10b5-1 trading plan.On…
(Bloomberg) — Microsoft Corp. unveiled a new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%.Most Read from BloombergThe software company said shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents. The share repurchase agreement, which has no expiration date, replaces a $60 billion buyback program announced in 2021.Microsoft, the world’s second-most valuable company, has benefited in the past several years from market exuberance for artificial intelligence. The software maker has infused its product line with AI technology from partner OpenAI and…
The Dodge Colt, a subcompact car sold by Dodge from 1971 to 1994, was a rebadged Mitsubishi Galant and Lancer initially. It was a response to the growing popularity of small, inexpensive cars like the AMC Gremlin, Ford Pinto, and Chevrolet Vega. Despite its Japanese origins, the Colt struggled to compete with other Japanese models like the Toyota Corolla, Honda Civic, and Datsun 1200. Over its seven generations, the Colt’s body styles varied from coupes and sedans to hatchbacks and vans. The first few generations were larger and more luxurious, but as the 1980s progressed, the Colt became smaller and…