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Biden issues veto threat on bill expanding federal judiciary as partisan split emergesJOHNS CREEK, Ga., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight has partnered with Tesla to introduce two of the company’s first Tesla Semi trucks to its fleet. As Saia celebrates its 100th anniversary, this collaboration signifies not just a milestone in the carrier’s history but also a bold commitment to the future, exploring the latest technology to better serve its customers. The partnership represents another step forward in sustainable transportation as Saia becomes one of the early testers of Tesla’s state-of-the-art electric semi-trucks. The Tesla Semi brings unparalleled innovation to the logistics industry, reinforcing Saia’s role as a trailblazer for the future of freight transportation. “Our partnership with Tesla underscores our dedication to evolution while staying true to the values that have guided us for the past century,” said Executive Vice President of Operations Patrick Sugar. “As we celebrate 100 years of Saia, we’re focused on building a sustainable and innovative foundation for the next century.” Since its founding in 1924, Saia has been at the forefront of delivering excellence in transportation. The introduction of the Tesla Semi into Saia’s fleet reflects not only the company’s forward-thinking strategy but also its dedication to sustainability and meeting the evolving needs of customers. This collaboration aligns seamlessly with the company’s mission to provide top-tier service while minimizing its environmental footprint. “This collaboration enhances our operational capabilities and exemplifies how Saia is positioning itself for a future where innovation and sustainability drive success,” added Sugar. During a demonstration period held earlier this year, Saia rigorously tested the Tesla Semi in its operations with the tractor evaluated on its range, payload capacity, grade performance, and driver comfort. “We were very impressed with the Tesla Semi as it demonstrated an ability to handle both local and longer haul applications while still delivering notable power and efficiency. During a demonstration earlier this year, we achieved 1.73 kWh per mile,” said Sugar. “Our drivers were equally impressed, noting the smooth acceleration, comfortable design, and its ability to maintain speeds on steep inclines, even while hauling heavy payloads. This feedback underscores the enormous potential of the Tesla Semi.” As Saia celebrates its centennial year, the partnership is another tangible example of how the carrier is working to reduce its carbon footprint by reducing emissions and improving tractor mileage as it seeks to be a good steward of the environment and conduct its operations in a responsible manner. By embracing innovative technology, Saia is setting a new standard for sustainability in logistics and reaffirming its role as a leader in the industry. About Saia, Inc. Saia Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited, and logistics services. With headquarters in Johns Creek, Georgia, Saia LTL Freight operates over 214 terminals across the country and employs more than 15,000 people. Recognized by the American Trucking Associations Safety Management Council for its outstanding safety record and by the Environmental Protection Agency’s SmartWay program for its efforts to reduce its environmental impact, Saia is also a multi-year recipient of Women In Trucking’s “Top Companies for Women to Work for in Transportation.” For more information on Saia Inc., visit saia.com . For more information, contact: Jeannie S. Jump Senior Marketing and Corporate Affairs Specialist Phone: 770-232-4069 Email: jjump@saia.com
SHELTON, Conn. , Dec. 18, 2024 /PRNewswire/ -- William Raveis , the Inman -awarded Top Brokerage in the U.S. (2023), and the number one privately held real estate company in the Northeast, Florida , and South Carolina is proud to announce the strategic partnership with Town & Country Real Estate (T&C), a luxury brokerage serving the East End of Long Island , New York since 2005. Growing throughout the luxury Triangle—New York City, The Hamptons, The North Fork, Palm Beach , and Westchester marketplace. The T&C offices will be joining forces with William Raveis' growing network of over 140 offices, and 4,500 agents from Maine to Florida . Likewise, the award-winning brokerage, William Raveis , gains a foothold within the Hamptons and The North Fork luxury real estate. T&C's founder, Judi Desiderio (CEO) and Janet Hummel (Managing Partner) will stay on as partners along with more than 150 T&C sales agents. "We're delighted to welcome Town & Country to our family company," said William, "Bill" Raveis, Jr. adding, "I've gotten to know Judi and Janet over these many months and found our business model, family culture, and entrepreneurial approach to helping the agents aligns beautifully." This year, William Raveis celebrates 50 years in business, with Bill Raveis at the helm, sons Chris and Ryan Raveis as co-presidents, and strong management support, they are on a trajectory for growth, making company acquisitions in top luxury markets along the East Coast. Chris Raveis comments, "T&C's stellar reputation for luxury service resonates with clients in the Hamptons and will elsewhere in our footprint." Judi Desiderio agrees, "Our trademark has always been our ability to pivot to the needs of buyers, sellers, and renters. This expansion through the Raveis footprint gives our associates the single best opportunity to grow their businesses and service their clients in a unique way bolstered by superior technology and support. Which is why we're excited to grow our business throughout the luxury Triangle—New York City, The Hamptons, Palm Beach , and Westchester County. Stronger together, the possibilities are endless with William Raveis ." Bill Raveis is confident in their mission. "Our expertise in luxury marketing and providing full-service offerings through William Raveis Mortgage and Insurance helps navigate the complexities of buying, selling, and renting properties. In addition, every agent and client benefits from our robust referral network spanning the East Coast". The company is aggressively pursuing growth opportunities with future acquisitions in the pipeline across the Florida and Southern regions as well as in the Northeast marketplace over the coming months. Learn more at raveis.com or visit the team at their new William Raveis Long Island offices in Bridgehampton, Greenport, East Hampton , Mattituck, Montauk, Southampton, and Westhampton Beach. About William Raveis Real Estate, Mortgage, and Insurance ... William Raveis is the number one privately held real estate brokerage in the Northeast, Florida , and South Carolina providing integrated real estate services to customers and clients for over 50 years. Selected as the Top Brokerage 2023 by Inman, the voice of REALTORS® and industry news, the company ranks among the nation's top independent and publicly traded brokerages for sales volume and units sold. In addition to its specialized Residential, Relocation, and Luxury Properties divisions, William Raveis has full-service, top-tier Mortgage and Insurance Companies. About Town & Country Real Estate ... Hamptons and North Fork real estate markets are the main topics of conversation across the East End of Long Island with global interest. With decades of experience, Town & Country Real Estate is renowned for its local expertise and market insights delivered by a professional team of over 150 sales agents. Under the leadership of its founder & CEO, Judi Desiderio and T&C Managing Partner Janet Hummel, the firm is prominently featured in New York and national media outlets showcasing their magnificent portfolio of properties throughout the Eastern End of Long Island and expansive regional knowledge and insight. View original content to download multimedia: https://www.prnewswire.com/news-releases/william-raveis-expands-to-the-hamptons-and-north-fork-long-island-in-strategic-partnership-with-town--country-real-estate-302335444.html SOURCE William Raveis Real Estate, Mortgage & Insurance © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.SoFi Technologies, Inc. ( NASDAQ:SOFI – Get Free Report )’s stock price was up 2.2% during mid-day trading on Thursday . The stock traded as high as $16.44 and last traded at $16.38. Approximately 8,949,219 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 47,423,371 shares. The stock had previously closed at $16.02. Analyst Upgrades and Downgrades SOFI has been the topic of a number of research analyst reports. Bank of America reissued an “underperform” rating and issued a $12.00 target price on shares of SoFi Technologies in a research note on Monday, December 9th. Morgan Stanley raised their price objective on SoFi Technologies from $7.50 to $13.00 and gave the company an “underweight” rating in a report on Thursday, December 19th. JPMorgan Chase & Co. boosted their target price on SoFi Technologies from $9.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Needham & Company LLC increased their price target on shares of SoFi Technologies from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, Mizuho boosted their price objective on shares of SoFi Technologies from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.04. Check Out Our Latest Stock Analysis on SOFI SoFi Technologies Price Performance SoFi Technologies ( NASDAQ:SOFI – Get Free Report ) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. SoFi Technologies had a return on equity of 3.71% and a net margin of 8.38%. The company had revenue of $697.10 million for the quarter, compared to the consensus estimate of $631.59 million. During the same quarter in the previous year, the business earned ($0.03) EPS. SoFi Technologies’s revenue was up 29.8% compared to the same quarter last year. On average, research analysts expect that SoFi Technologies, Inc. will post 0.12 EPS for the current fiscal year. Insider Activity at SoFi Technologies In related news, CTO Jeremy Rishel sold 64,991 shares of SoFi Technologies stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $15.72, for a total transaction of $1,021,658.52. Following the sale, the chief technology officer now directly owns 586,494 shares in the company, valued at $9,219,685.68. The trade was a 9.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, EVP Kelli Keough sold 9,590 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $14.56, for a total value of $139,630.40. Following the completion of the sale, the executive vice president now directly owns 142,613 shares in the company, valued at approximately $2,076,445.28. The trade was a 6.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 26,009,264 shares of company stock worth $416,889,795 over the last quarter. Corporate insiders own 2.60% of the company’s stock. Institutional Trading of SoFi Technologies Hedge funds and other institutional investors have recently modified their holdings of the business. World Investment Advisors LLC lifted its position in SoFi Technologies by 6.5% during the 3rd quarter. World Investment Advisors LLC now owns 21,745 shares of the company’s stock valued at $171,000 after acquiring an additional 1,336 shares during the period. Virtu Financial LLC purchased a new position in shares of SoFi Technologies during the third quarter valued at approximately $1,649,000. Coldstream Capital Management Inc. bought a new stake in shares of SoFi Technologies in the 3rd quarter worth approximately $93,000. Geode Capital Management LLC grew its stake in shares of SoFi Technologies by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 17,619,084 shares of the company’s stock worth $138,523,000 after buying an additional 358,806 shares during the last quarter. Finally, M&T Bank Corp raised its stake in SoFi Technologies by 5.4% during the third quarter. M&T Bank Corp now owns 45,582 shares of the company’s stock valued at $359,000 after buying an additional 2,332 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors. About SoFi Technologies ( Get Free Report ) SoFi Technologies, Inc provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. Featured Articles Receive News & Ratings for SoFi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoFi Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
WASHINGTON (AP) — House Republicans teed up a vote this week on bipartisan legislation to gradually expand by 66 the number of federal judgeships across the country. Democrats, though, are having second thoughts now that President-elect has won a second term. The White House said Tuesday that if President were presented with the bill, he would veto it. A Congress closely divided along party lines would be unlikely to overturn a veto, likely dooming the bill’s chances this year. It’s an abrupt reversal for legislation that the Senate passed unanimously in August. But the GOP-led House waited until after the election to act on the measure, which spreads out the establishment of the new district judgeships over about a decade to give three presidential administrations the chance to appoint the new judges. Rep. Jerry Nadler, D-N.Y., said the bill was negotiated with the understanding that three unknown, future presidents would have the chance to expand and shape the judiciary. No party would be knowingly given an advantage. He said he begged GOP leadership to take up the measure before the presidential election. But they did not do so. “It was a fair fight and they wanted no part of it,” Nadler said. Rep. Jim Jordan, the Republican chairman of the House Judiciary Committee, explained the timing this way: “We just didn’t get to the legislation.” The change of heart about the bill from some Democrats and the new urgency from House Republicans for considering it underscores the contentious politics that surrounded federal judicial vacancies. Senate roll-call votes are required for almost every judicial nominee these days, and most votes for the Supreme Court and appellate courts are now decided largely along party lines. Lawmakers are generally hesitant to hand presidents from the opposing party new opportunities to shape the judiciary. Nadler said that the bill would give Trump 25 judicial nominations on top of the 100-plus spots that are expected to open up over the next four years. “Donald Trump has made clear that he intends to expand the power of the presidency and giving him 25 new judges to appoint gives him one more tool at his disposal to do that,” Nadler said. Nadler said he’s willing to take up comparable legislation in the years ahead and give the additional judicial appointments to “unknown presidents yet to come,” but until then, he was urging colleagues to vote against the bill. Still, few are arguing against the merits. Congress last authorized a new district judgeship more than 20 years ago, while the number of cases being filed continues to increase with litigants often waiting years for a resolution. “I used to be a federal court litigator, and I can tell you it’s desperately needed,” House Speaker Mike Johnson, R-La., said of the bill. Sen. Todd Young, R-Ind., first introduced the bill to establish new judgeships in 2020. Last year, the policy-making body for the federal court system, the Judicial Conference of the United States, the creation of several new district and court of appeals judgeships to meet increased workload demands in certain courts. “Judges work tirelessly every day to meet growing demands and resolve cases as quickly as possible, but with the volume we have and the shortage of judges we have, it just makes it a very difficult proposition,” Judge Timothy Corrigan, of the Middle District of Florida, said in a recent on the website of the Administrative Office of the U.S. Courts. The blog post states that caseloads are creating delays that will erode public confidence in the judicial process, but the bill would meet many of the federal judiciary’s needs for more judges. Jordan said that as of June 30th, there were nearly 750,000 pending cases in federal district courts nationwide, with each judge handling an average of 554 filings. When asked if House Republicans would have brought the bill up if Vice President Kamala Harris had won the election, Jordan said the bill is “the right thing to do” and that almost half of the first batch of judges will come from states where both senators are Democrats, giving them a chance to provide input on those nominations before Trump makes them. But in its veto threat, the White House Office of Management and Budget said the bill would create new judgeships in states where senators have sought to hold open existing judicial vacancies. “These efforts to hold open vacancies suggest that concerns about judicial economy and caseload are not the true motivating force behind passage of the law,” the White House said. Shortly before the White House issued the veto threat, Senate Republican leader Mitch McConnell, R-Ky., said he would be curious to hear Biden’s rationale for such action. “It’s almost inconceivable that a lame-duck president could consider vetoing such an obviously prudential step for any reason other than selfish spite,” McConnell said.Online Black Friday shopping shattered records in 2024, with spending up 10.2% this year compared to 2023, according to data provided by Adobe Analytics. Consumers spent a record $10.8 billion online on Friday, which is nearly double what was spent just seven years ago on Black Friday. How does Black Friday shopping compare to a typical day? Spending on toys was over seven times higher than a typical day, jewelry had over six times the spending, and electronics had more than four times the spending. RELATED STORY | Black Friday vs. Cyber Monday: When are the better deals? Adobe Analytics said popular toys helped drive a massive increase in toy spending. Top toys sold on Friday include Harry Potter LEGO sets, Wicked toys, card and board games, Disney Princess toys and dolls, and Cookeez Makery oven playset, Adobe Analytics said. “Crossing the $10 billion mark is a big e-commerce milestone for Black Friday, for a day that in the past was more anchored towards in-store shopping”, said Vivek Pandya, lead analyst, Adobe Digital Insights .“And with consumers getting more comfortable with everything from mobile shopping to chat bots, we have tailwinds that can prop up online growth for Black Friday moving forward.” Adobe Analytics expects Thanksgiving weekend spending to remain robust. An estimated $5.2 billion is expected to be spent by Americans on Saturday, and $5.6 billion is expected to be spent at online retailers on Sunday. Cyber Monday is expected to generate $13.2 billion, a 6.1% increase from last year. RELATED STORY | Best apps to manage your money as the holiday shopping season ramps up The National Retail Federation expects that 200 million Americans will shop this weekend, nearly 4 million more than a year ago. Online shopping is projected to generate more revenue than in-person. “The five-day period between Thanksgiving and Cyber Monday represents some of the busiest shopping days of the year and reflects the continued resilience of consumers and strength of the economy,” said NRF President and CEO Matthew Shay. “Shoppers exceeded our expectations with a robust turnout. Retailers large and small were prepared to deliver safe, convenient and affordable shopping experiences with the products and services consumers needed, and at great prices.”
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Cyclone Fengal makes landfall in India’s south Police says that road is heavily covered with sand and motorists are advised to proceed with caution BENGALURU, India: Heavy rains lashed India ́s south and a major airport shut operations as cyclone Fengal made landfall late Saturday. Cyclones — the equivalent of hurricanes in the North Atlantic or typhoons in the northwestern Pacific -- are a regular and deadly menace in the northern Indian Ocean. India ́s weather bureau said “the forward sector of spiral bands associated with the cyclone has entered into the land” with a forecast of sustained winds of 70-80 kilometres an hour. Authorities also said there was a “moderate to high flash flood risk” over a few areas. Several areas in the state of Tamil Nadu were flooded while authorities extended closure of the main airport in capital city Chennai till Sunday. “Due to stormy winds, the road is heavily covered with sand and motorists are advised to proceed with caution,” traffic police in Chennai posted on social media platform X. Schools and colleges in numerous districts in the state were shut and at least 471 people had been moved to relief camps, local media reported. Fengal skirted the coast of Sri Lanka earlier this week, killing at least 12 people including six children. Scientists have warned that storms are becoming more powerful as the world heats up due to climate change driven by burning fossil fuels. Warmer ocean surfaces release more water vapour, which provides additional energy for storms, strengthening winds. A warming atmosphere also allows them to hold more water, boosting heavy rainfall. But better forecasting and more effective evacuation planning have dramatically reduced death tolls.
Coi Leray rolls into 2025 with a new Range Rover. The rap star shared with fans that her boyfriend and fellow rap star Trippie Redd bought her a new ride for Christmas. Wrapped with a bow, Leray posted an Instagram story showing off the new car. She expressed her love for Trippie Redd in the caption. It reads: "Thank you, baby. I love you so much." Trippie Redd would appear in a second Instagram story. He shared the Range Rover on his Instagram account with the caption, "4Bae." Social media praised the couple's love in their comments. "Cute together [heart-eye face emoji]," commented a user. Another user wrote, "Much power to them it’s nice and all but I feel like once they got back together she been out the loop a lot cause I got used to seeing her doing the stuff she do maybe I’m wrong but I just feel like she needs to get back in grind mode." Before the gift, Trippie Redd previewed new music. Read more: Trippie Redd Bashes His Fans For Leaking Music In Bitter Twitter Rant View this post on Instagram A post shared by The Akademy TV (@theakademytv) Trippie Redd and Coi Leray rekindled their relationship in September. When asked how he and Coi found their way back to each other, Trippie explained, “I reached out and told her I missed her. We’ve been talking for a while, keeping things on the low. That’s my boo.” Their breakup in 2019 inspired Trippie’s heartfelt track “Leray,” a somber ballad where he poured out his pain. In the song, he lamented, “It was love at first sight and misery after two months. You were only messing with my feelings because you didn’t know your own.” He added, “Sometimes I’m miserable without you, so it’s just like you’re still here.” Fans are now watching closely as Trippie Redd and Coi Leray write this new chapter. With both artists hinting at music collaborations and sharing glimpses of their relationship, the duo seems ready to turn the page on their past and embrace the future together. Read more: Trippie Redd Reveals How He And Coi Leray Got Back Together [ Via ]Tap to Pay on iPhone Launches in Chile
JOHNS CREEK, Ga., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight has partnered with Tesla to introduce two of the company’s first Tesla Semi trucks to its fleet. As Saia celebrates its 100th anniversary, this collaboration signifies not just a milestone in the carrier’s history but also a bold commitment to the future, exploring the latest technology to better serve its customers. The partnership represents another step forward in sustainable transportation as Saia becomes one of the early testers of Tesla’s state-of-the-art electric semi-trucks. The Tesla Semi brings unparalleled innovation to the logistics industry, reinforcing Saia’s role as a trailblazer for the future of freight transportation. “Our partnership with Tesla underscores our dedication to evolution while staying true to the values that have guided us for the past century,” said Executive Vice President of Operations Patrick Sugar. “As we celebrate 100 years of Saia, we’re focused on building a sustainable and innovative foundation for the next century.” Since its founding in 1924, Saia has been at the forefront of delivering excellence in transportation. The introduction of the Tesla Semi into Saia’s fleet reflects not only the company’s forward-thinking strategy but also its dedication to sustainability and meeting the evolving needs of customers. This collaboration aligns seamlessly with the company’s mission to provide top-tier service while minimizing its environmental footprint. “This collaboration enhances our operational capabilities and exemplifies how Saia is positioning itself for a future where innovation and sustainability drive success,” added Sugar. During a demonstration period held earlier this year, Saia rigorously tested the Tesla Semi in its operations with the tractor evaluated on its range, payload capacity, grade performance, and driver comfort. “We were very impressed with the Tesla Semi as it demonstrated an ability to handle both local and longer haul applications while still delivering notable power and efficiency. During a demonstration earlier this year, we achieved 1.73 kWh per mile,” said Sugar. “Our drivers were equally impressed, noting the smooth acceleration, comfortable design, and its ability to maintain speeds on steep inclines, even while hauling heavy payloads. This feedback underscores the enormous potential of the Tesla Semi.” As Saia celebrates its centennial year, the partnership is another tangible example of how the carrier is working to reduce its carbon footprint by reducing emissions and improving tractor mileage as it seeks to be a good steward of the environment and conduct its operations in a responsible manner. By embracing innovative technology, Saia is setting a new standard for sustainability in logistics and reaffirming its role as a leader in the industry. About Saia, Inc. Saia Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited, and logistics services. With headquarters in Johns Creek, Georgia, Saia LTL Freight operates over 214 terminals across the country and employs more than 15,000 people. Recognized by the American Trucking Associations Safety Management Council for its outstanding safety record and by the Environmental Protection Agency’s SmartWay program for its efforts to reduce its environmental impact, Saia is also a multi-year recipient of Women In Trucking’s “Top Companies for Women to Work for in Transportation.” For more information on Saia Inc., visit saia.com . For more information, contact: Jeannie S. Jump Senior Marketing and Corporate Affairs Specialist Phone: 770-232-4069 Email: jjump@saia.com
