fishing hook knot Northvolt says Quebec battery plant will proceed despite bankruptcy filing MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec. The Canadian Press Nov 21, 2024 12:11 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message An aerial view of the land being developed by Northvolt, the new EV battery plant being built by the Swedish manufacturer in Saint-Basile-le-Grand, east of Montreal, Que.,Thursday, May 16, 2024. THE CANADIAN PRESS/Christinne Muschi MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec. The Sweden-based parent company and several subsidiaries on Thursday filed for a court-supervised reorganization of its debt and assets under Chapter 11 of the U.S. bankruptcy code. However, Northvolt said its Canadian subsidiary is financed separately and "will continue to operate as usual outside of the Chapter 11 process." The Northvolt plant, dubbed Northvolt Six and slated for construction about 25 kilometres east of Montreal, is a $7-billion undertaking that aims to churn out battery cells and cathode active material for electric vehicles. "Northvolt Six is an essential component of the company's future and we remain fully committed to seeing it through," said Paolo Cerruti, Northvolt co-founder and CEO of Northvolt North America, which oversees the project. "The execution plan for the site construction is proceeding diligently and prudently, including during the period of restructuring of the parent company in Sweden," he said in a statement in French. Nonetheless, concerns around Northvolt's financial solvency have raised questions about a project to which Quebec and Ottawa have pledged $2.4 billion in funding. In September, Northvolt announced it would shrink its operations in Europe and lay off 1,600 employees in Sweden, or about a fifth of its workforce. Last month, Cerruti suggested that the company may have been overly ambitious, but said it had no intention of asking the provincial or federal governments for more money for its planned lithium battery plant in Quebec's Montérégie region. The manufacturer is in Quebec "to stay," he assured industry representatives in Montreal on Oct. 28. This report by The Canadian Press was first published Nov. 21, 2024. The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More The Mix Dynamite, Garage parent company makes debut on Toronto Stock Exchange Nov 21, 2024 12:30 PM Under-20 coach Cindy Tye named interim coach for upcoming Canada senior friendlies Nov 21, 2024 12:06 PM Economist says temporary tax cut, relief cheques play into rosier growth picture Nov 21, 2024 11:59 AM Featured FlyerSam Hicks, defense lead Abilene Christian over Northern Arizona 24-0 to extend 1st trip to playoffsTrump threatens to impose new tariffs on Mexico, Canada and China

Marcus Johnson and Bowling Green take down New Mexico State 61-60NEW YORK, Nov 22 (Reuters) - Netflix shares (NFLX.O) , opens new tab were on track for a fifth consecutive gain on Friday and set for their biggest weekly percentage rise since January, after the streaming media company's popular boxing match between Mike Tyson and Jake Paul. The stock was last up 0.2% at $899.06, off its intraday record high of $908 on Thursday. It has risen every session since the Nov. 15 fight, taking the stock up more than 9% for the week. Several brokerages this week raised their price targets on the stock, including BofA Global Research, which on Thursday bumped up its price target to $1,000 from $800. Netflix said on Tuesday that 108 million people worldwide watched the match between Paul, a 27-year-old social media influencer-turned-prize-fighter, and the 58-year-old former heavyweight champion Tyson. The event, which Paul won, was streamed live on Netflix. Jefferies analysts, which also raised their 12-month target on Netflix to $1,000 this week, wrote in a note on Monday that the event was "a major breakthrough for NFLX's live events strategy." The median 12-month price target on Netflix is $800, with 31 analysts rating the stock a "buy" or "strong buy," 14 rating it a "hold," and two analysts rating it a "sell," according to LSEG data. Kenneth Leon, vice president and senior equity analyst at CFRA Research, wrote in a note this week: "NFLX is flexing its streaming capability with select live sporting events that draw from a global subscriber base." "Advertising is still in the early stages, but is expected to be a revenue driver by 2026," Leon noted. CFRA also raised its price target on Netflix. Including the session move, the stock is up roughly 85% for the year. Sign up here. Reporting by Caroline Valetkevitch; additional reporting by Lance Tupper; Editing by Rod Nickel Our Standards: The Thomson Reuters Trust Principles. , opens new tab"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.

Mickey Mouse and friends are teaming up with the NBA on Christmas Day for a special event. Dunk the Halls — an alternate, animated broadcast of the San Antonio Spurs, New York Knicks game — will be televised on ESPN2 and streamed on Disney+ and ESPN+ (with subscription). While the actual contest will take place at Madison Square Garden, the first, real-time animated NBA game will be set on “Main Street, USA” at Walt Disney World, thanks to Mickey’s Christmas wish to Santa. At halftime, Mickey and other Disney characters will take part in a special, slam dunk contest. You can watch the alt-cast for free via a trial of fuboTV or DirecTVStream , or with a subscription to ESPN+ or Disney+ . Here’s what you need to know: What : “Dunk the Halls” Who : Spurs vs. Knicks When : Wednesday, Dec. 25, 2024 (12/25/24) Where : Walt Disney World Time : 12 p.m. ET TV : ESPN2 Live stream: DirecTV Stream (free trial), fuboTV (free trial), Disney+ (with subscription), ESPN+ (with subscription) — DirecTV Stream is offering $30 off on Entertainment with Sports Pack featuring NFL RedZone, Big Ten Network and more. — fuboTV plans start at $79.99 per month, with $35 off your first month. — Sling TV is offering plans for as low as $23 for your first month — Disney+ ESPN+ and Hulu trio bundle plans start at $16.99 per month. *** Here’s a story on “Dunk the Halls” via the Associated Press: NEW YORK (AP) — There’s a Christmas Day basketball game at Walt Disney World, featuring Mickey, Minnie, Goofy and Wemby. An animated game, anyway. The real game takes place at Madison Square Garden, where Victor Wembanyama and the San Antonio Spurs face the New York Knicks in a game televised on ABC and ESPN and streamed on Disney+ and ESPN+. The special alt-cast, the first animated presentation of an NBA game, will be shown on ESPN2 and also stream on Disney+ and ESPN+. Madison Square Garden is a staple of the NBA’s Christmas schedule. Now it merges with a bigger home of the holidays, because the “Dunk the Halls” game will be staged at Disney, on a court set up right smack in the middle of where countless families have posed for vacation photos. Why that location? Because it was Mickey Mouse’s Christmas wish . “Basketball courts often have the ability to make a normal environment look special, but in Disney it can only turn out incredible,” Wembanyama said in an ESPN video promoting his Christmas debut. The story — this is Disney, after all — begins with Mickey penning a letter to Santa Claus, asking if he and his pals can host a basketball game. They’ll not only get to watch one with NBA players, but some of them will even get to play. Goofy and Donald Duck will sub in for a couple Knicks players, while Mickey and Minnie Mouse will come on to play for the Spurs. “It looks to me like Goofy and Jalen Brunson have a really good pick-and-roll at the elite level,” said Phil Orlins, an ESPN vice president of production. Walt Disney World hosted real NBA games in 2020, when the league set up there to complete its season that had been suspended by the COVID-19 pandemic. Those games were played at the ESPN Wide World of Sports. The setting for the Christmas game will be Main Street USA, at the entrance of the Magic Kingdom. Viewers will recognize Cinderella’s castle behind one baseline and the train station at the other end, and perhaps some shops they have visited in between. Previous alternate animated broadcasts included an NFL game taking place in Andy’s room from “Toy Story ;” the “NHL Big City Greens Classic” during a game between the Washington Capitals and New York Rangers; and earlier this month, another NFL matchup between the Cincinnati Bengals and Dallas Cowboys also taking place at Springfield’s Atoms Stadium as part of “ The Simpsons Funday Football. ” Unlike basketball, the players are helmeted in those sports. So, this telecast required an extra level of detail and cooperation with players and teams to create accurate appearances of their faces and hairstyles. “So, this is a level of detail that we’ve never gone, that we’ve never done on any other broadcast,” said David Sparrgrove, the senior director of creative animation for ESPN. Wembanyama, the 7-foot-3 phenom from France who was last season’s NBA Rookie of the Year, looks huge even among most NBA players. The creators of the alternate telecast had to design how he’d look not only among his teammates and rivals, but among mice, ducks and chipmunks. “Like, Victor Wembanyama, seeing him in person is insane. It’s like seeing an alien descend on a basketball court, and I think we kind of captured that in his animated character,” said Drew Carter, who will again handle play-by-play duties, as he had in the previous animated telecasts, and will get an assist from sideline reporter Daisy Duck. Wembanyama’s presence is one reason the Spurs-Knicks matchup, the leadoff to the NBA’s five-game Christmas slate, was the obvious choice to do the animated telecast. The noon EST start means it will begin in the early evening in France and should draw well there. Also, it comes after ABC televises the “Disney Parks Magical Christmas Day Parade” for the previous two hours, providing more time to hype the broadcast. Recognizing that some viewers who then switch over to the animated game may be Disney experts but NBA novices, there will be 10 educational explainers to help with basketball lingo and rules. Beyond Sports' visualization technology and Sony’s Hawk-Eye tracking allow the animated players to make the same movements and plays made moments earlier by the real ones at MSG. Carter and analyst Monica McNutt will be animated in the style of the telecast, donning VR headsets to experience the game from Main Street, USA. Other animated faces recognizable to some viewers include NBA Commissioner Adam Silver, who will judge a halftime dunk contest among Mickey and his friends, and Santa himself, who will operate ESPN’s “SkyCam” during the game. The players are curious how the production — and themselves — will look. “It’s going to be so crazy to see the game animated,” Spurs veteran Chris Paul said. “I think what’s dope about it is it will give kids another opportunity to watch a game and to see us, basically, as characters.” (The Associated Press contributed to this report) Thank you for relying on us to provide the journalism you can trust. Please consider supporting us with a subscription.Stocks rose in afternoon trading on Wall Street Friday, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.3% and was solidly on track for a weekly gain that will erase most of last week's loss. The Dow Jones Industrial Average climbed 352 points, or 0.8%, and the Nasdaq composite rose 0.1% as of 2:05 p.m. Eastern. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump's victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 10.8% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 3.3% after DirecTV called off its purchase of that company's Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.7%. A majority of stocks in the S&P 500 were gaining ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.6%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.8% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. European markets were mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.40% from 4.42% late Thursday. In the crypto market, Bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October. The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.

LINCOLN, Neb. — Callin Hake scored 10 of 16 of her points in the first half when No. 25 Nebraska took early control, Alexis Markowski added a double-double and the Cornhuskers went on to beat Kansas City 84-38. Hake finished with 16 points, hitting 5 of 9 3-point attempts. Markowski had 10 points and 10 rebounds for her 43rd double-double. Alberte Rimdal scored 15 points and had a three 3-pointers. Britt Prince scored 13 points and Amiah Hargrove added 10 points. Emani Bennett was the only Roo to score in double figures with 11 points. Nebraska (6-1) shot only 38% but that was still way ahead of Kansas City's 22%. The Cornhuskers shot better from the arc at 12 of 29 for 41% while the Roos (2-5) hit just 1 of 14 and had 22 turnovers. Nebraska's bench outscored Kansas City's 40-8. Nebraska outscored the Roos 24-8 in the second quarter and led 47-20 at halftime. The Cornhuskers finished the game with a 22-4 fourth quarter.