U.S. life expectancy hits a new high, as deaths from overdoses and COVID fall toggle caption FG Trade/Getty Images An American born in 2024 can expect to live to age 79, on average, an increase of more than half a year from 2023, according to a report from the National Center for Health Statistics released Thursday. The average U.S. life expectancy hit an all-time high in 2024, according to the NC...
U.S. life expectancy hits a new high, as deaths from overdoses and COVID fall toggle caption FG Trade/Getty Images An American born in 2024 can expect to live to age 79, on average, an increase of more than half a year from 2023, according to a report from the National Center for Health Statistics released Thursday. The average U.S. life expectancy hit an all-time high in 2024, according to the NCHS data, as the nation continued to recover from the COVID-19 pandemic and deaths from drug overdoses continued to decline. The new high surpasses the last peak in life expectancy in 2019, and it's the highest since the government started tracking this key measure of the nation's health and well-being in 1900. "It's good news," says Robert Anderson , the chief of the statistical analysis and surveillance branch in the division of vital statistics at the NCHS, a unit of the Centers for Disease Control and Prevention. "We seem to have rebounded from the pandemic. This may just signal that we're back to some semblance of normal post-pandemic." Sponsor Message Anderson and other experts cautioned, however, that significant disparities remain among Americans and that the U.S. still lags behind other wealthy nations. "We should celebrate. It's very encouraging to see that mortality is declining and life expectancy is increasing in the United States," says Ali Mokdad , an epidemiologist at the University of Washington. "But we still see very high mortality from drugs, very high mortality from suicide, infant mortality remains high and maternal mortality remains high. So as we celebrate we still have a lot of work ahead." U.S. life expectancy fell in recent years because of a surge in drug overdoses and deaths from COVID-19. But life expectancy has been slowly inching back up since the pandemic ended in 2023 and drug overdoses began falling . The latest rebound seems to have been caused primarily by a continued drop in deaths from drug overdoses and from COVID, Anderson says. In fa...
How the Minneapolis killings look from Trump country toggle caption Adam Gray/AP DENTON, Md. -- The killing of Alex Pretti by federal agents in Minneapolis last Saturday has enraged many people across the country. But some Trump supporters have sided with the agents and say they still back the president's sweeping enforcement of the nation's immigration laws. Earlier this week, NPR traveled to Den...
How the Minneapolis killings look from Trump country toggle caption Adam Gray/AP DENTON, Md. -- The killing of Alex Pretti by federal agents in Minneapolis last Saturday has enraged many people across the country. But some Trump supporters have sided with the agents and say they still back the president's sweeping enforcement of the nation's immigration laws. Earlier this week, NPR traveled to Denton, a town of about 5,000 on Maryland's Eastern Shore. It is the county seat of Caroline County, which voted for President Trump by a margin of more than 2 to 1 in the 2024 election. In interviews with more than two dozen people, some Trump voters blamed the violence in Minneapolis on protesters, not federal agents. Sponsor Message "I think the protesters have a huge problem," said Allistaire Lawrence, who was renovating the attic of a house in this picturesque town that was first settled in 1781. "They're no longer protesting. They are impeding justice. Protesting is standing off to the side and not interfering." Pretti stood in the middle of a street in Minneapolis last Saturday taking video of the agents, who were with U.S. Customs and Border Protection. Then he helped a woman after one of the agents shoved her to the ground. Lawrence said Pretti should've stayed out of it, especially since the agents were armed. "They've been put in other situations where their life has been at stake," said Lawrence. "They're probably on edge. They're probably a little jumpy." toggle caption John Locher/AP Pretti is the second U.S. citizen killed in Minneapolis this month, following the death of Renee Macklin Good. Lawrence, 39, said everyone should have to abide by U.S. immigration law – even his own family. His mother is from England, and he says that after Sept. 11, 2001, she failed to keep her immigration paperwork up to date and was deported back across the Atlantic. "Paperwork's important," Lawrence said. "That's why we have it." Jennifer Barrow, 43, is a hairdresser who lives ab...
Yesterday was a tale of two hyperscalers. Both Meta and Microsoft held after-the-bell earnings calls (for Meta’s fourth quarter and Microsoft’s second). Both have faced recent shareholder skepticism about the scale of investment in AI-powered data centers and their seemingly far-off returns. Both companies announced capex projections that blew past consensus expectations. And yet only one firm, Me...
Yesterday was a tale of two hyperscalers. Both Meta and Microsoft held after-the-bell earnings calls (for Meta’s fourth quarter and Microsoft’s second). Both have faced recent shareholder skepticism about the scale of investment in AI-powered data centers and their seemingly far-off returns. Both companies announced capex projections that blew past consensus expectations. And yet only one firm, Meta, seemed to overcome Wall Street’s wariness. Double standard? Tip of the CapEx “If we end up misspending a couple of hundred billion dollars, I think that that is going to be very unfortunate, obviously,” Meta CEO Mark Zuckerberg told independent tech journalist Alex Heath during a podcast interview in September. He wasn’t kidding. In its earnings call, Meta said it is projecting capital expenditures of $115 billion to $135 billion for its fiscal year 2026, blowing past both last year’s $72 billion capex spend and consensus 2026 expectations of around “just” $110 billion. Microsoft had a big capex surprise of its own. The Windows-maker said its capital spending in the most recent quarter reached $37.5 billion, about $3 billion higher than anticipated and a staggering 66% year-over-year increase. Translation: Fret about overspending and an AI bubble all you want, neither of these giants is tapping the data-center-buildout brakes yet. But there’s more to both of these companies than that. Investors seem relatively happy with Meta’s other circus attractions, so it doesn’t get punished for spending like there’s no tomorrow; Microsoft was a different story entirely: Meta reported fourth-quarter revenue of nearly $60 billion, besting expectations and marking a 24% year-over-year increase, as well as net income that topped estimates. Its guidance for the current quarter also — you guessed it — bested expectations, and its share price jumped as high as 10% in after-hours trading because nothing soothes the shareholder soul like continuing to operate one of the most lucrative adve...
Tether, the company behind the largest stablecoin by market cap, is amassing a huge pile of gold bullion in a former Swiss nuclear bunker. The “James Bond kind of place,” as its CEO, Paolo Ardoino, described the storage facility to Bloomberg, houses a gold collection of more than 140 tons. With gold’s ongoing rally, that’s about $24 billion worth. The crypto company bought at least 70 tons of gold...
Tether, the company behind the largest stablecoin by market cap, is amassing a huge pile of gold bullion in a former Swiss nuclear bunker. The “James Bond kind of place,” as its CEO, Paolo Ardoino, described the storage facility to Bloomberg, houses a gold collection of more than 140 tons. With gold’s ongoing rally, that’s about $24 billion worth. The crypto company bought at least 70 tons of gold last year, Bloomberg calculated, or more than was reported by any central bank besides Poland’s. Now, Ardoino said, it’s stockpiling two tons a week and plans to continue that pace at least through this quarter. You’re So Golden Tether’s main business is its eponymous stablecoin, also called USDT, which dominates the sector with more than $186 billion in circulation. Tether then invests the money it gets from folks buying USDT in other assets such as Treasuries and gold, profiting from the interest. The company’s been piling up gold both for its own reserves and for its Tether Gold product, a token that’s growing as an alternative way for investors to gain exposure to the precious metal: Tether has issued about $2.7 billion worth of its gold-tied token, XAUT, and thinks its circulation could expand to $5 billion to $10 billion this year. That’s small compared with ETFs, but Tether’s CEO expects it to grow as foreign countries eventually launch their own version of tokenized gold that could compete with USD. Tokenized gold is meant to be redeemable for physical gold, meaning Tether should be stockpiling enough gold to at least match the amount of XAUT its customers own (no selling out like Costco). If that promise is kept, it makes the product distinctive from so-called “paper gold” like ETFs, where the institution doesn’t necessarily have investors’ gold stored in a Swiss bunker. Feeling Existential: Tether seems to be prioritizing buying gold because its value isn’t tied to governments as tightly as fiat currencies are. That degree of separation appeals to the crypto indu...
When Brian Niccol took the helm of Starbucks in September 2024, becoming its fourth CEO of the 2020s, the former Chipotle boss had a tall (grande, really) order to fill: reverse a worrying sales slump that shareholders hated with an Iced Passion Tango. On Wednesday, the world’s largest coffee chain reported the first major breakthrough of his tenure. In the fourth quarter, Starbucks ground out its...
When Brian Niccol took the helm of Starbucks in September 2024, becoming its fourth CEO of the 2020s, the former Chipotle boss had a tall (grande, really) order to fill: reverse a worrying sales slump that shareholders hated with an Iced Passion Tango. On Wednesday, the world’s largest coffee chain reported the first major breakthrough of his tenure. In the fourth quarter, Starbucks ground out its first increase in US same-store sales in two years. A tasseography reading of the coffee grinds on the balance sheet, however, shows the company’s ongoing turnaround remains a delicate corporate balancing act. Bean Counting Niccol, who was hired by the Starbucks board as the company’s share price dwindled, suspended financial guidance after taking over. He shifted focus to a “Back to Starbucks” strategy aimed at slashing wait times and improving service to renew customer interest and put the roaster back on a growth trajectory. On Wednesday, the company reported US same-store sales climbed 4% year-over-year in the quarter, besting Wall Street’s expectations (global same-store sales also rose 4%). Foot traffic at US stores ticked up by 3%, and the amount of money spent per customer ticked up by 1%. These factors helped drive revenue up 6% to $9.9 billion, also ahead of market forecasts. Naturally, this is good news for Starbucks’ brews, but turnarounds aren’t free: One of Niccol’s key initiatives is hiring more baristas in response to concerns that laggard service during peak hours was hurting sales and traffic. Along with especially high coffee bean inflation and US tariffs, this squeezed earnings: Net profit of $293 million was down 62%, and less than half of analysts’ estimates. Starbucks shares finished Wednesday flat, though they are up 13% this year. Investors may be waiting for later today, when Niccol and the executive team are slated to present a long-term plan at the company’s first investor day in over two years. Waiting on the Plan: Investors will be watching th...
He is revered for his extraordinary black-and-white images documenting conflict, humanitarian crises and the tougher side of postwar Britain. But an exhibition of work by photojournalist Sir Don McCullin opening this week at the Holburne museum in Bath focuses on a very different subject: Roman sculptures. The show, Don McCullin: Broken Beauty, features images of ancient statues photographed durin...
He is revered for his extraordinary black-and-white images documenting conflict, humanitarian crises and the tougher side of postwar Britain. But an exhibition of work by photojournalist Sir Don McCullin opening this week at the Holburne museum in Bath focuses on a very different subject: Roman sculptures. The show, Don McCullin: Broken Beauty, features images of ancient statues photographed during trips around some of the world’s great museums. They have not been seen before in the UK, and McCullin, 90, said this show – and one final trip to the Vatican to photograph more statues – would be his swansong. He told the Guardian: “I’m too old to work now. After 60-odd years, I’m slightly tired of it all, really. I’m going to do this one last visit to the Vatican. And then I’m going to basically give up photography because I’m just simply physically too old. Your body, in a way, has the final say.” McCullin’s fascination with Roman statues began when he travelled to north Africa with the writer Bruce Chatwin in the 1970s and was enchanted by Roman ruins there. He said: “When Bruce died [in 1989], I was at a kind of crossroads in my life. I had this flashback of Bruce and me in this Roman town, so I rang my publisher and I said, I’d like to do a book about Roman cities. They didn’t seem very enthusiastic about the idea, but they gave me quite a small advance and off I went.” McCullin visited more Roman sites in north Africa and a book called Southern Frontiers: A Journey Across The Roman Empire was published. He said: “I was so thrilled about doing the book because I stepped out of my safety zone.” More recently, he has visited museums in the US and Europe, often visiting before or after public opening hours, giving him the space to study the statues. His images of sculptures at the Holburne are hung alongside the work he is most famous for, such as soldiers and civilians in places struck by conflict, including Vietnam, Cyprus and Northern Ireland. View image in fullscre...
Mothers on social media are advocating a tough, no-nonsense approach to parenting. Does this teach children important lessons – or just make them feel isolated and ashamed? A couple of weeks ago, a video posted on TikTok by Paige Carter, a mother in Florida, went viral. Carter explained that she had thrown her daughter’s iPad out of the window when she had been misbehaving on the way to school, an...
Mothers on social media are advocating a tough, no-nonsense approach to parenting. Does this teach children important lessons – or just make them feel isolated and ashamed? A couple of weeks ago, a video posted on TikTok by Paige Carter, a mother in Florida, went viral. Carter explained that she had thrown her daughter’s iPad out of the window when she had been misbehaving on the way to school, and she films herself retrieving the tablet, now with a cracked screen. The video has been watched 4.9m times, and Carter was congratulated in the comments, with one person writing “Learning Fafo at an early age: top tier parenting.” Welcome to the parenting trend that doesn’t seem to be disappearing: “Fuck around and find out.” In another video , when a small child announces he is going to leave home, his mother says “see ya”, shuts the front door behind him, and turns off the outside light – then opens the door to him screaming and pounding to be let back in (it has been liked 1.5m times). He had learned, said his mother, “the meaning of Fafo”. Continue reading...
Manners and respect are the norm for kids here. Treating them like a nuisance won’t do anything to help France’s declining birthrate In French culture, seven is known as “ l’âge de raison ” , the age at which children know right from wrong and can take some moral responsibility. France’s national rail operator, it seems, puts the age at which a child can be trusted to behave in a non-annoying way ...
Manners and respect are the norm for kids here. Treating them like a nuisance won’t do anything to help France’s declining birthrate In French culture, seven is known as “ l’âge de raison ” , the age at which children know right from wrong and can take some moral responsibility. France’s national rail operator, it seems, puts the age at which a child can be trusted to behave in a non-annoying way onboard a train a bit higher. In launching its new Optimum plus tariff earlier this month, offering spaces onboard its weekday TGV trains between Paris and Lyon with bigger, more comfortable seats, fancy food and no under-12s, SNCF was trying to appeal to the many business travellers who make that journey. But the move has sparked a backlash and a philosophical debate about the place of children in society, against the backdrop of a worrying decline in French birthrates . “We can’t on one hand say that we are not having enough children and on the other hand try to exclude them from everywhere,” argues Sarah El Haïry , France’s high commissioner for childhood. Helen Massy-Beresford is a British journalist and editor who lives in Paris Continue reading...
A deep and painful inquest is under way inside Iran as politicians, academics and the security establishment try to come to terms with what has been described as a catastrophe after the violent protests and their even more violent suppression by the security forces. The shape of the debate taking place in the heavily censored society is emerging, as selective newspapers and Telegram channels slowl...
A deep and painful inquest is under way inside Iran as politicians, academics and the security establishment try to come to terms with what has been described as a catastrophe after the violent protests and their even more violent suppression by the security forces. The shape of the debate taking place in the heavily censored society is emerging, as selective newspapers and Telegram channels slowly open up to international audiences after the protests – which some estimates suggest could have left more than 30,000 dead – that have stunned many Iranians. Fissures are appearing across politics, society and diplomacy, suggesting Iran may be entering a more unpredictable period than a phase of repression by the dominant security establishment. Calls are being made for an independent external inquiry into the death toll, for speeding up the reopening of the internet to save businesses on the brink, and for the government to shift its stance on foreign policy. There is also deep concern that economic shock therapy and sanctions are driving food inflation close to an unsustainable 200% annually, with the stock market and the rial under severe pressure. Few deny the severity of the tragedy that has befallen Iran, even if they disagree about its cause and scale. Politically the crisis is especially deep for the reformists as they have held the presidency for 18 months and initially described the protests as legitimate. Mohammad Fazeli, a reformist sociologist, wrote on his Telegram channel: “Iran’s history will be entangled with this event for decades, buried under the rubble of this catastrophe. “But in these days, beyond the grief for those thousands killed and wounded, a deep sorrow has gripped my entire being. I have no doubt that dozens of others like me have sunk into this same grief and bewilderment. The grief and misery of ‘We failed’.” Criticism of the security services, or their claim that only 3,000 people were killed, is starting to appear. Many commentators attr...
Gathering Summer after summer, I used to descend into a creek that had carved a deep bed shaded by trees and lined with blackberry bushes whose long thorny canes arced down from the banks, dripping with sprays of fruit. Down in that creek, I’d spend hours picking until I had a few gallons of berries, until my hands and wrists were covered in scratches from the thorns and stained purple from the ju...
Gathering Summer after summer, I used to descend into a creek that had carved a deep bed shaded by trees and lined with blackberry bushes whose long thorny canes arced down from the banks, dripping with sprays of fruit. Down in that creek, I’d spend hours picking until I had a few gallons of berries, until my hands and wrists were covered in scratches from the thorns and stained purple from the juice, until the tranquillity of that place had soaked into me. The berries on a single spray might range from green through shades of red to the darkness that gives the fruit its name. Partly by sight and partly by touch, I determined which berries were too hard and which too soft, picking only the ones in between, while listening to birds and the hum of bees, to the music of water flowing, noticing small jewel-like insects among the berries, dragonflies in the open air, water striders in the creek’s calm stretches. I went there for berries, but I also went there for the quiet, the calm, the feeling of cool water on my feet and sometimes up to my knees as I waded in where the picking was good. At home I made jars of jam. When I gave them away I was trying to give not just my jam – which was admittedly runny and seedy – but something of the peace of that creek, of summer itself. I once read an essay in which a man tried to figure out how much per pound his garden tomatoes would cost if he factored in the price of all the materials and the hourly rate for his own labour. It was ridiculous and intentionally so, because growing tomatoes gives so much more than a certain number of pounds of fruit. There’s the exquisite smell of tomato leaves, and the sense of time that comes from watching a plant grow, observing pollinators visit, seeing a flower become a fruit, tracking its ripening. There is the pride of doing something yourself. What the tomato-grower was pointing toward is what my friend, the environmental activist and author Chip Ward, long ago called “the tyranny of the qua...
Doctors are being arrested in Iran for helping save the lives of some of the tens of thousands injured during Iran’s brutal crackdown on anti-regime protests, with at least one surgeon now at risk of being sentenced to death. The arrests and death sentence are part of a campaign of “revenge”, say human rights groups, after healthcare workers and doctors refused to ignore the plight of badly injure...
Doctors are being arrested in Iran for helping save the lives of some of the tens of thousands injured during Iran’s brutal crackdown on anti-regime protests, with at least one surgeon now at risk of being sentenced to death. The arrests and death sentence are part of a campaign of “revenge”, say human rights groups, after healthcare workers and doctors refused to ignore the plight of badly injured protesters shot or stabbed at close range, and in some cases set up makeshift treatment centres. An Iranian surgeon, Alireza Golchini, 52, from the central city of Qazvin, has been charged with “moharebeh” (waging war against God), which can carry the death penalty, according to the Norway-based rights group Hengaw. The US state department yesterday called for his release. The US-based Human Rights Activists News Agency, whose figures have been reliable during previous crackdowns, says it has verified more than 6,000 dead and has more than 17,000 more recorded deaths under investigation. 0:46 Bodies line the streets outside a morgue in Tehran as protests continue – video Speaking to the Guardian, his cousin, Nima Golchini, who is based in Canada, said that Golchini was taken from his home on 10 January. “He was arrested in a violent manner in front of his wife and son, who is only 11. They beat him up so badly during arrest, they broke his arm, ribs and dragged him out of his home. My family is terrified.” A few days before his arrest Golchini, who also treated protesters during the 2022 Woman, life, freedom protests, had posted a note on his social media, says Nima, sharing his number and asking injured patients to contact him for treatment. “All he did was his duty of saving lives as a medical doctor. He had sworn to save people’s lives. How can any doctor not stand by his oath? I am worried not only for him, but also for other healthcare workers who have been arrested for simply standing by their sworn oath.” Iranian authorities have not publicly commented on Golchini’...
Astronomers have discovered a potentially habitable new planet about 146 light-years away which is Earth-sized and has conditions similar to Mars. The candidate planet, named HD 137010 b, orbits a sun-like star and is estimated to be 6% larger than Earth. An international team of scientists in Australia, the UK, the US and Denmark identified the planet using data captured in 2017 by the Nasa Keple...
Astronomers have discovered a potentially habitable new planet about 146 light-years away which is Earth-sized and has conditions similar to Mars. The candidate planet, named HD 137010 b, orbits a sun-like star and is estimated to be 6% larger than Earth. An international team of scientists in Australia, the UK, the US and Denmark identified the planet using data captured in 2017 by the Nasa Kepler space telescope’s extended mission, known as K2. Dr Chelsea Huang, a researcher at the University of Southern Queensland (USQ) in Australia, said the planet has an orbit similar to Earth’s, of about 355 days. The researchers believe the planet has “about a 50% chance of residing in the habitable zone” of the star it orbits. “What’s very exciting about this particular Earth-sized planet is that its star is only [about] 150 light-years away from our solar system,” said Huang, one of the co-authors of the research. “The next best planet around a sun-like star, in a habitable zone, [Kepler-186f] is about four times farther away and 20 times fainter.” View image in fullscreen Dr Alexander Venner led the international team who discovered HD 137010 b. Photograph: UniSQ/University of Southern Queensland HD 137010 b was spotted when it briefly crossed in front of its star, resulting in a minute dimming event. That faint signal was initially detected by a team of citizen scientists – including the study’s first author, Dr Alexander Venner, when he was still a high school student. “I contributed to this citizen science project called Planet Hunters back when I was in secondary school, and it was a big part of how I got into research,” said Venner, who went on to complete a PhD at USQ. “It was an amazing experience to go back to this work and dig up such an important discovery.” The team’s first reaction to the discovery was “that this cannot possibly be true”, Huang said. “But we double checked and triple checked everything and … it’s a textbook example of a transit of a planet.” Th...
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美國會議員審查福特與寧德時代的技術合作 更新 2026-01-29 1:00 PM 【大紀元2026年01月29日訊】(大紀元記者高杉編譯報導)美國「眾議院對中共特別委員會」(Select Committee on the CCP)正在審查福特(Ford)公司與寧德時代(CATL)的電池合作協議。該協議涉及福特使用寧德時代許可技術,在美國電池製造設施生產磷酸鐵鋰電池和儲能系統電池。 審查現有合作協...
美國會議員審查福特與寧德時代的技術合作 更新 2026-01-29 1:00 PM 【大紀元2026年01月29日訊】(大紀元記者高杉編譯報導)美國「眾議院對中共特別委員會」(Select Committee on the CCP)正在審查福特(Ford)公司與寧德時代(CATL)的電池合作協議。該協議涉及福特使用寧德時代許可技術,在美國電池製造設施生產磷酸鐵鋰電池和儲能系統電池。 審查現有合作協議 據路透社報導,眾議院「美國對中共戰略競爭特別委員會」(Select Committee on Strategic Competition between the United States and the Chinese Communist Party)主席約翰·穆萊納爾(John Moolenaar)週三(1月28日)致信「福特汽車」首席執行官吉姆·法利(Jim Farley),對福特使用中國公司「寧德時代」的技術建造數據中心電池,以及進入美國儲能業務的合作協議表示關切。 這位密歇根州(Michigan)共和黨議員在信中要求福特回答一系列關於其與寧德時代之間合作協議的問題,其中包括:自去年通過一項針對新資格實施限制的法律以來,福特與「寧德時代」之間的技術許可和合作生產協議是否已被更新、擴展或以其它方式修改。 與中國企業合作「是嚴重漏洞」 福特在去年12月宣布提列195億美元減值(writedown)準備,並取消幾款電動車型生產。該公司表示,將利用位於肯塔基州(Kentucky)和密歇根州的電池工廠生產儲能系統電池,並計劃在18個月內使初始產能上線。 福特當時指出,「擴大在美國的磷酸鐵鋰電池生產,不僅僅是對能源安全的投資,而且也是對美國工人的投資。每個新設施意味著數千個高技能製造崗位和更強勁的地方經濟。」 穆萊納爾還要求福特澄清,它是否計劃與中國汽車製造商比亞迪(BYD)成立合資企業。 他表示:「最近幾個月的情況顯示,中國(中共)已將汽車供應鏈武器化。這項合作協議是一個嚴重漏洞,如果福特與比亞迪建立新的合作關係,情況只會更糟。」 福特2023年宣布將在密歇根州投資30億美元建造電池工廠,使用「寧德時代」技術生產電池單元。該工廠位於密歇根州馬歇爾(Marshall, Michigan),預計今年開始生產,並將為福特出產的3萬美元的中型電動皮卡生產電池。 福特與中國企業合作...
(RTTNews) - Kia Corp. (KIMTF.PK, 000270.KS), a South Korean automaker, reported weak profit in its fourth quarter, despite higher sales. In South Korea, Kia shares were gaining around 2.5 percent, trading at 153,500.00 won. In the quarter, net income attributable to shareholders of parent company dropped 15.4 percent to 1.47 trillion Korean won from last year's 1.74 trillion won. Pre-tax profit fr...
(RTTNews) - Kia Corp. (KIMTF.PK, 000270.KS), a South Korean automaker, reported weak profit in its fourth quarter, despite higher sales. In South Korea, Kia shares were gaining around 2.5 percent, trading at 153,500.00 won. In the quarter, net income attributable to shareholders of parent company dropped 15.4 percent to 1.47 trillion Korean won from last year's 1.74 trillion won. Pre-tax profit from continuing operation was 2.11 trillion won, down 13.6 percent from 2.44 trillion won. Operating income fell 32.2 percent to 1.84 trillion won from prior year's 2.72 trillion won. Sales for the fourth quarter were 28.09 trillion won, up 3.5 percent from 27.15 trillion won a year ago. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
joegolby/iStock via Getty Images T1 Energy Inc. ( TE ) is a company that has popped up a few times for me while researching companies. I recognize that I am a little late to the game on the stock, as it is already up over 300% over the past year. It has come up as it has positioned itself in the middle of two areas in which I have been looking to invest: electricity generation to meet demand (most...
joegolby/iStock via Getty Images T1 Energy Inc. ( TE ) is a company that has popped up a few times for me while researching companies. I recognize that I am a little late to the game on the stock, as it is already up over 300% over the past year. It has come up as it has positioned itself in the middle of two areas in which I have been looking to invest: electricity generation to meet demand (mostly driven by AI and data centers), and the reshoring of manufacturing back to the United States. If you have read any of my previous articles these are two areas that I think are good for my money. Power demand is growing at a faster pace than we can generate it; solar provides the fastest deployable form of power generation. I think manufacturing in the US is a strong investment. A big part of this investment thesis is driven by the fact that US policy is increasingly favoring domestic manufacturing. It is not just by providing tax incentives like Section 45X tax credits and domestic content bonuses, but also through limitations through tariffs or outright bans, like those seen within the drone industry. There are some questions on whether or not T1 Energy is actually a US manufacturer or is controlled by Trina Solar, a Chinese company. This would disqualify T1 and its customers from the tax credits. The question on T1 is not a matter of the strategy but more so with the execution and valuation. T1 is still building out its manufacturing capabilities and also the economics that come with that. It operates one manufacturing facility and is in the process of building out another to become a vertically integrated solar manufacturer. It is a process that requires a lot of capital and therefore requires a lot of future demand to justify the expense. There are also operational concerns of operating the facilities profitably once the build out is complete. There is also the fact that the stock has already run up 300% in the past year, meaning the valuation is not as cheap as it o...