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As President Joe Biden's term comes to an end, social media users are falsely claiming that his administration spent billions of dollars on the construction of just a handful of electric vehicle charging stations. Multiple high-profile figures, including sitting members of Congress, have promoted the claims. The claims misrepresent funding set aside by the 2021 Infrastructure and Jobs Act , also known as the Bipartisan Infrastructure Law, for a national network of publicly available electric vehicle chargers . Biden has set a goal of creating 500,000 such chargers by 2030. Here's a closer look at the facts. CLAIM: The Biden administration spent $7.5 billion to build eight electric vehicle charging stations. THE FACTS: That's incorrect. The $7.5 billion figure refers to the total amount allocated through the 2021 law to build a network of charging stations across the U.S., not the amount that has already been spent. There are currently 214 operational chargers in 12 states that have been funded through the law, with 24,800 projects underway across the country, according to the Federal Highway Administration. A charger, often called a charging port, provides electric power to one vehicle at a time through a connector, which is plugged into the vehicle. Stations are physical locations that can have multiple chargers. Secretary of Transportation Pete Buttigieg called the claims spreading online “false” in a series of X posts. “$7.5B has not been spent, nor anything like that,” he wrote, adding that federally funded chargers are built by individual states, not the federal government, and that most will be built in the second half of the 2020s. The total $7.5 billion in funding consists of $5 billion distributed through the National Electric Vehicle Infrastructure Formula Program , or NEVI, and $2.5 billion distributed through the Charging and Fueling Infrastructure Discretionary Grant Program , or CFI. NEVI funds, as determined by a formula, go annually to departments of transportation in all 50 states, plus Puerto Rico and the District of Columbia, from 2022 to 2026. The funds will be available until 2030. Each year, 10% of NEVI funding is set aside for states and local governments that require additional assistance. CFI provides grants to states and other localities through an application process. It funds electric vehicle charging, as well as other alternative fueling infrastructure, with a focus on underserved and disadvantaged communities. Rep. Michael Rulli, a Republican from Ohio, was among multiple high-profile figures who falsely claimed this week that the entire budget has already been spent. “Pete Buttigieg will leave his post as Transportation Secretary having spend $7.5 BILLION to build 8 EV charging stations,” he wrote in an X post that had received approximately 62,900 likes and shares as of Wednesday. “His legacy will be squandering billions on something nobody wants, while millions struggle to afford the things they need.” Rulli's office did not immediately respond to a request for comment. By early this year, only four states — Ohio, New York, Pennsylvania and Hawaii — had opened stations funded by the Bipartisan Infrastructure Law, The Associated Press reported in March . A Washington Post article published the next day said this amounted to just seven stations . Loren McDonald, an independent analyst tracking the electric vehicle charger buildout, told the AP that when assessing the progress that's been made it's important to understand that some states have extensive experience constructing electric vehicle charging infrastructure while others have little to none. He explained that Wisconsin, for example, had to pass a new law in order to comply with federal requirements. “This is a federal program, but at the end of the day, it's completely dependent on the states,” he said. “And so the real criticism probably needs to be directed at the states that are moving slowly or how the program was structure. But I don't know how else you would have done it.” Asked whether the federal government could do anything to help states move faster, McDonald suggested that it could have provided them with more guidance on how to manage their individual buildouts. All 50 states, Puerto Rico and the District of Columbia have access to two rounds of NEVI funding totaling nearly $2.4 billion, according to the Federal Highway Administration. As of Friday, 37 states have access to their third round of funding, for an additional $586 million total. The agency explained, however, that this does not represent money that has already been spent — just the money that is available to fund projects. The Federal Highway Administration has announced more than $1.3 billion in awards through CFI and funds set aside by NEVI with $779 million in grants currently available under both programs. This also represents money that is available for projects rather than money that has been spent. There are currently more than 203,000 publicly available charging ports across the U.S., with nearly 1,000 being turned on every week, according to the agency. This is more than double the number available in 2021. In addition to NEVI and CFI, funding sources include federal tax incentives and private investments. Find AP Fact Checks here: https://apnews.com/APFactCheck .
Last chance or you’re going to miss our unbeatable Babbel deal!NEW YORK , Dec. 26, 2024 /PRNewswire/ -- Grid Dynamics Holdings Inc. (NASD: GDYN) will replace Revelyst Inc. (NYSE: GEAR) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 2 . Strategic Value Partners is acquiring Revelyst in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Jan 2, 2025 S&P SmallCap 600 Addition Grid Dynamics Holdings GDYN Information Technology Jan 2, 2025 S&P SmallCap 600 Deletion Revelyst GEAR Consumer Discretionary For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com . FOR MORE INFORMATION: S&P Dow Jones Indices index_services@spglobal.com Media Inquiries spdji.comms@spglobal.com View original content: https://www.prnewswire.com/news-releases/grid-dynamics-holdings-set-to-join-sp-smallcap-600-302339444.html SOURCE S&P Dow Jones Indices
Kellanova stock rises Wednesday, outperforms marketShares of Dell and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs. Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates. HP dropped about 5% and its market capitalization was set to shrink by nearly $2 billion, from $37.68 billion on Tuesday, following a quarterly profit projection that was short of analysts' view. Traditional PC demand has weakened after a post-pandemic boom, while AI-powered computers have yet to see mass adoption despite some interest from corporate and education sectors. "We have long warned that we did not expect artificial intelligence personal computers to lead to any structural change in demand for PCs, and we think this is perhaps what the market was disappointed with," Morningstar analyst Eric Compton said. Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Leadership Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Artificial Intelligence(AI) AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence By - Ritesh Vajariya, Generative AI Expert View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) Tabnine AI Masterclass: Optimize Your Coding Efficiency By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Leadership Validating Your Startup Idea: Steps to Ensure Market Fit By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program The expected computer upgrade cycle due to Microsoft ending support for Windows 10 and transitioning to Windows 11 has been slower than anticipated. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Since the Windows 11 refresh has ramped slower than previous industry transitions, we expect to see the impact of the upgrade to be more pronounced in 2025," HP CEO Enrique Lores said. For Dell, the AI server business continued to be a bright spot with revenue in the servers and networking unit jumping 58% thanks to demand for its servers from cloud companies racing to capitalize on AI. At least three analysts each raised their PTs for Dell and HP, while one brokerage each reduced the stocks' price targets. But some analysts warned that a slow rollout of Nvidia's next-generation AI chip, may hurt Dell's sales and squeeze its profit. A design flaw in the Blackwell chips and tight manufacturing capacity for advanced semiconductors at TSMC have weighed on Nvidia's ability to ramp up production of its much-awaited processors. "The transition to Blackwell could be impacting the time to revenues for Dell. We are concerned that these Blackwell systems will pressure gross margin percentage even further," Barclays analysts said in a note. HP shares trade 10.84 times analysts' profit estimates, compared with 15.51 for Dell and 30.94 for Microsoft.The Odisha State Pollution Control Board (SPCB) held a public hearing for environmental clearance on Nilachal Ispat Nigam's Limited (NINL) proposed expansion project in Jajpur district. The proposed expansion will increase NINL's production capacity from 0.981 million tonne per annum (MTPA) to 9.5 MTPA without additional land requirements. Over 225 people including some opposing NINL's proposed expansion project, gave their opinion at the public hearing for the environmental clearance held by SPCB on Friday. "Around 225 people have given their opinion on the NINIL's expansion project. We will send the people's views to the Ministry of Forest, Environment and Climate Change," said the Regional Officer, SPCB, Kalinga Nagar, Madan Mohan Sahu Asked about the disturbance during the public hearing, Additional District Magistrate (ADM), Kalinga Nagar, Sapan Kumar Nanda, who presided over the public hearing, said: "The people have given their opinion in the public hearing." The public hearing was also attended by NINL executive Sanjeev Kumar Ghosh, who gave a detailed presentation on the plant's proposed expansion plan, while MD and CEO, Sudhir Kumar Mehta, addressed public concerns. Tata Steel Long Products Limited acquired NINL in July 2022 and achieved operational milestones swiftly. Within 100 days, the plant resumed operations, and its rated capacity was achieved within nine months. NINL officials informed the participants that comprehensive upgrades included advanced pollution control systems such as Electrostatic Precipitators (ESPs), cyclone separators, dry fog systems, bag filters, and water sprinkling mechanisms. To further minimise environmental impact, a scrubber-based gas cleaning plant was introduced to treat BOF (basic oxygen furnace) gas. Continuous Environmental Monitoring Systems (CEMS) were installed to monitor air quality and emissions, alongside an Effluent Quality Monitoring System (EQMS) to ensure real-time evaluation of water discharge and Effluent Treatment Plant (ETP) performance, they said. The two-phased expansion plan will include state-of-the-art facilities such as raw material handling systems, a coke plant, sinter plant, blast furnace, steel melting shop, and rebar and wire rod mill. Baseline environmental data collected from March to May 2024, covering air quality, water quality, noise, and soil conditions within a 10-km radius, has already been submitted to the SPCB for review, the company informed the people. The expansion project's design incorporates cutting-edge technology to meet stringent environmental standards, with treated wastewater being fully reused within the plant, the company said. (Except for the headline, this story, from a syndicated feed, has not been edited by Odishatv.in staff)
DENVER (AP) — Brock Wisne scored 22 points as Northern Colorado beat Denver 82-75 on Saturday night. Wisne added five rebounds for the Bears (8-5). Langston Reynolds scored 21 points and added five assists. Isaiah Hawthorne had 16 points and shot 6 for 10, including 2 for 3 from beyond the arc. Nicholas Shogbonyo finished with 21 points for the Pioneers (6-9). Josh Lee added 14 points for Denver. Sebastian Akins also had 12 points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Oregon beats San Diego State, improves to 7-0
Lamar Jackson takes on Philadelphia's top-ranked defense when the Ravens host the EaglesImpressive Herbert leads Chargers into playoffsSkiing is one of the best ways to enjoy nature in the winter and is one of the few activities that’s as fun to do alone as it is with others. However, whether you’re an advanced skier who likes to keep the good snow to themselves or prefer skiing with a posse of friends, protecting your head is an essential part of a good day on the slopes. With so many options on the market, finding the best ski helmet can be a challenge. If you’re interested in a simple solution that you can count on to protect you at all times, regardless of the conditions, check out the Sweet Protection Grimnir 2vi MIPS Helmet . If your ski helmet is too large or too small, it won’t perform correctly and may not provide any protection at all. To find the right size, measure the crown of your head and cross reference with the helmet’s size chart. Moreover, the helmet should be about an inch above your eyebrows. Make sure to consider your helmet’s adjustability before purchasing. Unfortunately, not all goggles fit with all helmets. Although you likely won’t have an issue with this, ensure that the helmet you want to purchase will work with your preferred goggles without leaving your forehead exposed. In addition to being a good fit for your goggles, the best ski helmets are capable of handling a variety of upgrades if they aren’t standard. For example, be on the lookout for helmets that have slots for audio in the earmuffs and that allow you to strap a handy goggle cleaning cloth to the side. In addition to durable materials and standard EPS shock absorption, the best ski helmets will include additional or new technology to enhance protection. When shopping for a new ski helmet, consider models with MIPS (multidirectional impact protection system) technology, carbon fiber construction or an integrated Recco reflector to get the highest level of safety. Top-quality helmets offer the best ease-of-use technology in addition to superior protection. Features such as magnetic goggle clasps that can be used with gloves, removable linings and dynamic ventilation that allows for directed airflow make your helmet more comfortable, especially during extended wearing periods. Entry-level helmets that provide basic protection usually cost around $60, while higher-end models with innovative technology start around $180 and cost upwards of $250. A. Although this may seem counterintuitive at first, it is not always worth purchasing the most expensive, highest-tech helmet. If you don’t ski often, and find yourself sticking to the easier slopes and staying at low speeds, a traditional helmet will provide all the protection you need. On the other hand, if you ski in the woods or in the backcountry, investing in high-tech helmets is a must, since the danger level is much higher than on the slopes. Sweet Protection Grimnir 2vi MIPS Helmet What you need to know: The Grimnir 2vi helmet from Sweet Protection is made from the finest materials on the market and includes all of the latest safety and convenience technology. What you’ll love: If you like to tackle challenging terrain and push the boundaries of your skills, look no further than the Grimnir to provide the utmost protection. Constructed out of lightweight and highly impact-resistant carbon fiber and reinforced with the latest MIPS technology, you can count on this helmet to keep you safe. Plus, it’s also quite comfortable to wear thanks to its numerous vents, Occigrip dial adjustment system and audio compatibility. What you should consider: State-of-the-art technology makes this one of the more expensive offerings. OutdoorMaster Kelvin Helmet What you need to know: If you’re on a budget, or don’t push the limits while skiing, the Kelvin helmet from OutdoorMaster is perfect for you. What you’ll love: Don’t let the price tag fool you — this helmet offers far more than the bare minimum in terms of features and technology. Constructed from a reinforced ABS shell and a super-absorbent EPS core, you can count on this helmet to project your most valuable asset. Plus, the Kelvin also offers lots of adjustability and unmatched ventilation for the price. What you should consider: While this helmet offers ample protection for the ordinary skier, if you’re a hard charger and prefer off-piste shredding, this helmet likely won’t be enough. POC Meninx RS MIPS Helmet What you need to know: Featuring a sleek design, durable construction and an abundance of serious safety features, the Meninx RS MIPS helmet from POC is high performance and reliable. What you’ll love: Designed from the ground up with safety and convenience in mind, this helmet is ideal for anyone who regularly hits the slopes and will appreciate the thought given to small details. For example, the strap buckle on the back that holds your goggles securely in place is magnetic, which makes it easy to use while wearing gloves or mittens. Furthermore, in addition to the dual-layer ABS shell and MIPS protection system, the Meninx RS comes with an integrated Recco reflector, which is an essential component of safe backcountry skiing. To top it all off, the helmet has an easy-to-use adjustment dial and plenty of ventilation. What you should consider: POC helmets don’t come in individual sizing, and are only available in grouped sizes such as medium/large, which can make finding the perfect fit harder. Prices listed reflect time and date of publication and are subject to change. 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Impressive Herbert leads Chargers into playoffs
Who is Simon Cowell’s Fiancée? Lauren Silverman’s Job & Relationship HistoryMumbai: India's most wanted gangster and U.N.-designated global terrorist Dawood Ibrahim celebrated his 69th birthday in style in Karachi on Thursday. He threw a party in the evening, according to sources tracking him. As reported by the FPJ on October 1, 2023 Dawood has been given the honorary rank of additional director-general of Pakistan's Inter-Services Intelligence (ISI) in return for services rendered to the spy agency. It is learnt that the elite of the Pakistani armed forces, political and corporate establishments have been invited for the party. It is learnt that several businessmen, including some from India, have flown into Karachi from Dubai in their private jets to attend the event. Son of a constable of Mumbai police, Dawood, a Konkani Muslim, is today a most-prized asset of the ISI, which fiercely defends him with several layers of security. Apart from his involvement in narcotics trade, in which several top level ISI officers are his partners, he is reported to be doing gun running and fake currency racket. He has vast investments running into billions of U.S. dollars in legit business of real estate development, stock and commodities trading, gold, diamond and jewellery business. He has a major stake in the real estate industry in Mumbai. Sources in Mumbai police said the D Gang is not active in the metropolis, but his "boys", including shooters, are very much there ready to spring into action at short notice. In the recent elections to the Lok Sabha and Maharashtra assembly, the gang is believed to have financed the campaigns of some of the candidates. The Government of India has often talked about extraditing Dawood from Pakistan, but its efforts have been systematically stymied by Islamabad. A senior police official told FPJ on condition of anonymity "Forget getting Dawood from Pakistan, there is absolutely no political will to uproot his businesses within India. He is not a gangster anymore, but a terror leader. Yet no effort is being made to neutralise his assets in India."
As President Joe Biden's term comes to an end, social media users are falsely claiming that his administration spent billions of dollars on the construction of just a handful of electric vehicle charging stations. Multiple high-profile figures, including sitting members of Congress, have promoted the claims. The claims misrepresent funding set aside by the 2021 Infrastructure and Jobs Act , also known as the Bipartisan Infrastructure Law, for a national network of publicly available electric vehicle chargers . Biden has set a goal of creating 500,000 such chargers by 2030. Here's a closer look at the facts. CLAIM: The Biden administration spent $7.5 billion to build eight electric vehicle charging stations. THE FACTS: That's incorrect. The $7.5 billion figure refers to the total amount allocated through the 2021 law to build a network of charging stations across the U.S., not the amount that has already been spent. There are currently 214 operational chargers in 12 states that have been funded through the law, with 24,800 projects underway across the country, according to the Federal Highway Administration. A charger, often called a charging port, provides electric power to one vehicle at a time through a connector, which is plugged into the vehicle. Stations are physical locations that can have multiple chargers. Secretary of Transportation Pete Buttigieg called the claims spreading online “false” in a series of X posts. “$7.5B has not been spent, nor anything like that,” he wrote, adding that federally funded chargers are built by individual states, not the federal government, and that most will be built in the second half of the 2020s. The total $7.5 billion in funding consists of $5 billion distributed through the National Electric Vehicle Infrastructure Formula Program , or NEVI, and $2.5 billion distributed through the Charging and Fueling Infrastructure Discretionary Grant Program , or CFI. NEVI funds, as determined by a formula, go annually to departments of transportation in all 50 states, plus Puerto Rico and the District of Columbia, from 2022 to 2026. The funds will be available until 2030. Each year, 10% of NEVI funding is set aside for states and local governments that require additional assistance. READ: CFI provides grants to states and other localities through an application process. It funds electric vehicle charging, as well as other alternative fueling infrastructure, with a focus on underserved and disadvantaged communities. Rep. Michael Rulli, a Republican from Ohio, was among multiple high-profile figures who falsely claimed this week that the entire budget has already been spent. “Pete Buttigieg will leave his post as Transportation Secretary having spend $7.5 BILLION to build 8 EV charging stations,” he wrote in an X post that had received approximately 62,900 likes and shares as of Wednesday. “His legacy will be squandering billions on something nobody wants, while millions struggle to afford the things they need.” Rulli's office did not immediately respond to a request for comment. By early this year, only four states — Ohio, New York, Pennsylvania and Hawaii — had opened stations funded by the Bipartisan Infrastructure Law, The Associated Press reported in March . A Washington Post article published the next day said this amounted to just seven stations . Loren McDonald, an independent analyst tracking the electric vehicle charger buildout, told the AP that when assessing the progress that's been made it's important to understand that some states have extensive experience constructing electric vehicle charging infrastructure while others have little to none. He explained that Wisconsin, for example, had to pass a new law in order to comply with federal requirements. “This is a federal program, but at the end of the day, it's completely dependent on the states,” he said. “And so the real criticism probably needs to be directed at the states that are moving slowly or how the program was structure. But I don't know how else you would have done it.” Asked whether the federal government could do anything to help states move faster, McDonald suggested that it could have provided them with more guidance on how to manage their individual buildouts. All 50 states, Puerto Rico and the District of Columbia have access to two rounds of NEVI funding totaling nearly $2.4 billion, according to the Federal Highway Administration. As of Friday, 37 states have access to their third round of funding, for an additional $586 million total. The agency explained, however, that this does not represent money that has already been spent — just the money that is available to fund projects. The Federal Highway Administration has announced more than $1.3 billion in awards through CFI and funds set aside by NEVI with $779 million in grants currently available under both programs. This also represents money that is available for projects rather than money that has been spent. There are currently more than 203,000 publicly available charging ports across the U.S., with nearly 1,000 being turned on every week, according to the agency. This is more than double the number available in 2021. In addition to NEVI and CFI, funding sources include federal tax incentives and private investments. __ Find AP Fact Checks here: https://apnews.com/APFactCheck . Copyright 2024 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.At least 65 million tune in for Netflix NFL Christmas Day games. NBA holiday ratings also skyrocket
