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Powerful pomegranates, glorious geraniums and more to do in the gardenEnvironment Don't miss out on the headlines from Environment. Followed categories will be added to My News. Residents in parts of Queensland have been issued with an emergency alert as the state battles a barrage of rain and flooding, marking one of the wettest Decembers in 14 years. Parts of east and southeast Queensland were soaked with heavy rain overnight, turning roads into rivers and seeing people abandoning their cars as water engulfed the streets. The deluge has continued into Thursday, with Queensland Police issuing an emergency alert for Jandowae in the Western Downs region just after 4am. It warned residents in low lying areas to “prepare now” and “warn neighbours, secure belongings, and enact (their) emergency plan”. It’s been a wet week for Queensland Picture: Weatherzone Residents in northern Queensland were also hit with heavy rainfall, impacting areas from Townsville to the Gold Coast, which is expected to continue for the rest of the week. As of Thursday morning, Amberley near Ipswich had recorded 191mm of rain within 20 hours, followed by Kobble Creek near Dayboro with 130mm and 105mm at Mackay. The Bureau of Meteorology has issued a major flood warning for the Logan River, with Maclean Bridge to possibly be impacted later Thursday afternoon due to heavy rain soaking parts of the Upper Logan River catchment earlier this week. “Moderate flooding is occurring along the Logan River at Beaudesert, with an expected peak around the major flood level early Thursday morning,” the Bureau said in a statement. The Bureau has also warned against going in the water or walking near surf-exposed areas amid dangerous conditions and choppy seas off the coasts of K’Gari and the Sunshine and Gold Coasts. Northern Queensland is set to be battered with more rain this week. Picture: BOM Roads have been flooded due to heavy rain. Picture: NewsWire / Glenn Campbell There’s no end to the rain just yet, either. Looking ahead, while heavy rain persists around the east and southeast coast, a tropical low pressure system is forecast to start developing on Thursday evening and into Friday morning over the Cape York Peninsula, dragging in heavy rain and potential storms. “At this stage, there’s a low chance of it becoming a tropical cyclone,” senior meteorologist Miriam Bradbury said. Ms Bradbury said the low pressure system would bring the heaviest rain as it moves off the coast, with skies expected to clear by the weekend. Residents are warned the system could move slowly, meaning heavier rainfalls and an ongoing risk of dangerous flash flooding. It is likely to be a different story in battered southeast Queensland, according to senior meteorologist Angus Hines, who said brighter days could arrive by the weekend. “(On Thursday) over southeast Queensland, we’ll see much more dry weather developing with still some morning rainfall that should be cleared up by Thursday lunchtime,” he said. “From Friday and into the weekend there will be a much longer scale of bright and sunny weather.” It will be wet for the northern parts of Queensland. Picture: NewsWire / Glenn Campbell Residents have been warned to have an emergency plan. Picture: NewsWire / Nikki Short C apital city forecast For the rest of Australia, conditions are looking quite mild and sunny. It is expected to be warm and partly cloudy in Brisbane on Thursday, with a maximum temperature of 28C and southerly winds reaching speeds of 35km/h. Cloudy skies and a slight chance of morning showers are forecast for Sydney, which is expected to reach a top of 25C. Melbourne residents can anticipate a sunny day with a top of 29C, and those in Adelaide an even warmer day with a maximum of 34C. It is likely to be a smokey morning for residents in Perth before a bright and sunny afternoon and a top of 31C. There’s a high chance of showers in Darwin on Thursday, with the mercury expected to reach 34C with partly cloudy skies and the chance of a thunderstorm. It is looking to be a bright and sunny day in Canberra with a top of 28C and light winds, and a cooler maximum of 21C in Hobart. Originally published as Emergency alert issued as parts of Queensland battered by wild and extreme floods More related stories Environment ‘Leave immediately’: Scary bushfire warning Those unable to leave have been urged to seek shelter inside amid the grim warning “extreme heat is likely to kill you well before the flames reach you”. Read more Environment Mystery ball news is the last thing we need More mysterious ball-shaped objects have washed ashore Aussie beaches - sparking another warning from health and environmental authorities. Read more

NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the third quarter of fiscal 2025. The dividend is payable on March 14, 2025 , to all shareholders of record as of the close of business on January 31, 2025 . About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children's books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com . SCHL: Financial View original content to download multimedia: https://www.prnewswire.com/news-releases/scholastic-corporation-announces-third-quarter-dividend-302329290.html SOURCE Scholastic Corporation

Canoo Announces Furloughs and Factory Idle as it Focuses on Finalizing Securing Capital

DeNA Co., Ltd. ( OTCMKTS:DNACF – Get Free Report )’s share price hit a new 52-week high during trading on Friday . The company traded as high as $21.58 and last traded at $21.58, with a volume of 10 shares changing hands. The stock had previously closed at $16.75. DeNA Stock Performance The company has a debt-to-equity ratio of 0.13, a current ratio of 2.69 and a quick ratio of 2.54. The company has a fifty day moving average price of $14.06 and a 200 day moving average price of $11.71. The stock has a market cap of $2.63 billion, a P/E ratio of -10.68 and a beta of 0.68. DeNA Company Profile ( Get Free Report ) DeNA Co, Ltd. develops and operates mobile and online services worldwide. It operates Mobage, an entertainment platform; Yahoo! Mobage, which offers social games for PC browsers; AndApp, a platform that allows users to play mobile game apps on PC browsers under the same user account; Pococha, a social live streaming community; and IRIAM, an app which allows to livestream as an anime character. Further Reading Receive News & Ratings for DeNA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DeNA and related companies with MarketBeat.com's FREE daily email newsletter .Column: Meet Mark Vancil, the sportswriter who’s old friends with Michael JordanAndrew N. Ferguson is President-elect Donald Trump’s choice to head the Federal Trade Commission (FTC). If approved by the Republican-controlled Senate, his selection could indicate an inclination by the incoming Trump administration to deprioritize FTC rulemaking and enforcement activities related to data privacy and AI. This also could indicate a broader regulatory philosophy that emphasizes legislative action over administrative rulemaking. Ferguson’s stated regulatory philosophy and strategic priorities, if implemented as FTC chair, would have profound implications for industry and consumers. Critics argue that this shift would mean that critical privacy issues will be given short shrift as technologies like AI and data analytics rapidly evolve and outpace regulatory schema. Meanwhile, Trump announced that he intends to nominate Mark Meador to be an FTC commissioner. Meador is a partner at Washington, D.C.-based Kressin Meador Powers. He also was an antitrust counsel to Republican U.S. Senator Mike Lee. While specific details about Meador’s positions on privacy and AI regulation are scant, given his antitrust expertise it is plausible that he would advocate for a more balanced approach to regulation, aiming to foster innovation while ensuring consumer protection, a perspective that aligns with the broader Republican emphasis on limited government intervention and market-driven solutions. Ferguson is the former solicitor general of Virginia, a former counsel to Republican Senator and Senate Minority leader Mitch McConnell, and he a clerked for U.S. Supreme Court Justice Clarence Thomas. If confirmed, he will inherit a slew of regulatory actions against Big Tech and a half-dozen lawsuits by companies arguing that the FTC overstepped its authority. There’s also the FTC’s investigation – launched in July 2023 – of OpenAI for possible privacy issues. Ferguson has voted in favor of every privacy-related FTC enforcement action as an FTC commissioner, but he also has consistently emphasized the importance of congressional authority in crafting comprehensive data privacy laws. In a leaked memo he wrote to Trump reportedly advocating for the top FTC post, he said the FTC under his direction will “stop abusing FTC enforcement authorities as a substitute for comprehensive privacy legislation,” and that there will be “no more novel and legally dubious consumer protection cases.” One matter in particular that Ferguson will have to contend with, and which will have to be addressed, is the that the agency has taken against two Virginia-based data brokers. The complaint alleges that they unlawfully tracked and sold sensitive consumer location data. Ferguson supported two of the counts that the commission brought against the firms, but dissented from the commission’s counts that accuses them of unfairly categorizing consumers based on sensitive characteristics and of selling those categorizations to third parties. In his dissent, Ferguson argued that the FTC Act explicitly prohibits the collection and subsequent sale of precise location data without the consumer’s consent. He emphasized that data brokers are required to take reasonable measures to verify that consumers initially consented to the collection of the data being utilized and sold. Ferguson agreed that if a company aggregates and categorizes data that were collected without proper consent and then sells those categorizations, it violates Section 5 of the FTC Act. But he also argued that the violation arises from the lack of consent for the original data collection, not from the specific categories into which the data are organized. Ferguson said the FTC Act imposes consent requirements in defined circumstances, but it does not restrict how legally acquired data may be analyzed, or the conclusions that may be drawn from such analysis. That line of thinking begins to walk a very fine line. Yes, data is acquired legally. But highly granularized analysis of an individual’s aggregated data, and the sorts of personal conclusions that can be inferred from it, begins to edge very close to raising legitimate privacy concerns. It also raises the incentive for bad actors to steal the information – in bulk. Ferguson said the FTC commissioners have an erroneous view of the FTC Act as being “a comprehensive privacy law,” adding that “comprehensive privacy regulation involves difficult choices and expensive tradeoffs. Congress alone can make those choices and tradeoffs. We must not stray from the bounds of the law.” Indeed. Ferguson believes broad regulatory initiatives on privacy should emerge from Congress, not an administrative federal agency, an approach that underscores his critique of what he views as regulatory overreach by administrative bodies. The FTC’s role, Ferguson has said, should focus on enforcing existing laws rather than expanding its mandate through rulemaking. Ferguson has been highly critical of what he perceives to have been regulatory overreach under previous FTC leadership. He’s argued that the FTC should focus on its core competencies – namely, enforcing existing laws – rather than creating new rules that could extend its mandate without clear legislative backing. “Commissioner Ferguson has made no secret of his preference for Congress, rather than the FTC, to set clear privacy guardrails,” said Cobun Zweifel-Keegan, managing director at the International Association of Privacy Professionals. “This means rulemaking activities at the commission are likely to be deprioritized.” Privacy advocates fear this deprioritization could kill a proposed rule on commercial surveillance and data security that the FTC in August 2022 that it is considering. The commission at that time published an advance notice of proposed rulemaking to request public comment – for the purpose of the rulemaking – on the prevalence of commercial surveillance and data security practices that harm consumers. The FTC said at the time that the new rule will focus on data security, data minimization, and algorithmic accountability. Under Ferguson’s leadership, the FTC would likely redirect resources toward enforcement of existing laws such as the Children’s Online Privacy Protection Act (COPPA) and provisions under Section 5 of the FTC Act which targets unfair or deceptive practices. This strategy would suggest a preference for addressing specific harms through targeted actions rather than introducing broad, preemptive regulations. Indeed, rather than pursuing expansive, preemptive rulemaking initiatives, the focus is more likely to lean towards addressing specific, well-defined harms like deceptive practices by data brokers. And as for data brokers – which have come under withering in the wake of an unprecedented this summer – they could face less systemic scrutiny under a Ferguson FTC. Enforcement actions may become more sporadic and narrowly defined. Rather than proposing rules to regulate the industry, the FTC might instead rely on case-by-case enforcement, potentially creating an inconsistent and less predictable regulatory environment. Ferguson’s stance aligns with Republicans’ broader emphasis on ensuring regulatory clarity and avoiding undue burdens on businesses. This approach diverges sharply from the path that was set by Ferguson’s predecessor, Lina Khan, who championed a more proactive regulatory approach. It was under Khan’s leadership that the FTC issued the impending rulemaking on commercial surveillance and data security practices, which seeks to address systemic issues in privacy and consumer protection. Ferguson’s position, on the other hand, represents a stark departure, potentially one that could pause or roll back such initiatives. Critics have argued that this could delay progress in protecting consumer data in an era of rapid technological change. Ferguson’s departure from this activism could signal a rollback of momentum in establishing comprehensive privacy standards. Ferguson’s strategy, while appealing to those who advocate for limited government intervention, poses certain risks. The absence of federal rulemaking could perpetuate a fragmented regulatory landscape where states enact their own privacy laws. This patchwork will only further complicate compliance for businesses, especially those operating across multiple jurisdictions. And consumers could see delayed protections against data misuse and breaches. And enforcement actions alone likely would not adequately address systemic vulnerabilities in data security. For the business community, especially Big Tech, Ferguson’s position offers a reprieve from the immediate pressures of adapting to new federal regulations. Established companies, especially in the tech and data brokering industries, would undoubtedly find this environment more favorable for their operations. Smaller firms and startups though would encounter challenges navigating the inconsistencies of state laws without clear federal guidelines. Such regulatory uncertainty could stifle innovation in some sectors while empowering larger entities to consolidate their influence. Ferguson’s overall approach to privacy regulation reflects a broader effort to balance enforcement with fostering innovation. He has expressed concerns that excessive regulatory measures could stifle technological advancement and impede competition, a position that’s been by the incoming Republican dominated Congress. Republican lawmakers have favored a more market-driven and hands-off approach when it comes to regulating consumer data privacy than their Democratic counterparts. By focusing on enforcement of existing rules rather than expansive rulemaking, Ferguson would seek to maintain this balance, even if it means delaying the establishment of universal protections. Ferguson’s position on deprioritizing privacy rulemaking could also signal a shift in the FTC’s focus toward narrower enforcement and a reliance on Congress for broader legislative solutions. While this approach aligns with his regulatory philosophy, it raises concerns about the FTC’s ability to address emerging privacy challenges effectively in an increasingly complex digital environment. With the rise of AI technologies, Ferguson’s reluctance to engage in privacy-related rulemaking could hinder the FTC’s ability to establish clear guidelines on the use of consumer data in AI training and applications. Ferguson has said that he would “end the FTC’s attempt to become an AI regulator.” His unabashed approach to AI reflects a desire to foster innovation and competition while avoiding premature or overly burdensome regulations that could stifle technological advancement. Wedbush analyst Dan Ives said in a client note that: “We expect Ferguson to continue to have a keen eye on the tech world ... he will clearly roll back Khan’s head-scratching anti-tech agenda, including ending efforts to regulate AI.” Such a restrained position though raises questions about the adequacy of existing legal frameworks to address the unique challenges and risks that increasingly are posed by AI technologies. Ferguson has expressed skepticism about the FTC’s attempts to position itself as a primary regulator of AI. He critiqued initiatives under Khan that sought to expand the FTC’s role in governing AI systems, arguing that such actions could exceed the agency’s statutory authority. He’s said that he favors a measured approach that focuses on enforcing existing laws against deceptive or unfair practices in the use of AI. This approach could possibly translate into investigating AI systems that mislead consumers, perpetuate fraud, or violate privacy laws. The impact of Ferguson’s stance on AI regulation is multifaceted. On the one hand, it could create a more innovation-friendly environment by giving developers and businesses greater latitude to experiment with AI technologies without immediate regulatory constraints, but it could also accelerate technological progress, particularly in areas where regulatory uncertainty has previously slowed investment and development. Businesses operating in AI would benefit from clearer, more predictable enforcement under existing laws rather than having to navigate a potentially ambiguous or stringent new regulatory landscape. On the other hand, though, this approach could leave critical gaps in oversight. AI technologies introduce unique risks, such as algorithmic bias, lack of transparency, and the potential for misuse in areas like surveillance or misinformation. Existing laws, which were not designed with AI’s complexities in mind, could prove insufficient to address these risks comprehensively. By refraining from proactive rulemaking, the FTC could miss opportunities to establish clear guidelines for responsible AI development and deployment, which could lead to inconsistent standards across industries. Another significant implication of Ferguson’s position is the likelihood of increased reliance on state or sector-specific regulations to fill the gap left by federal inaction. For example, states like California and New York may continue to advance their own AI-specific laws, creating a fragmented regulatory landscape. While larger companies may have the resources to navigate this complexity, smaller firms could struggle to comply, potentially disadvantaging startups and innovators. | | | |

Honda and Nissan are in talks to deepen ties, two people said yesterday, including a possible merger, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals. A combined Honda and Nissan would create a $54bn company with annual output of 7.4mn vehicles, making it the world’s third-largest auto group by vehicle sales after Toyota and Volkswagen. The two firms already forged a strategic partnership in March to cooperate in electric vehicle development, but Nissan’s deepening financial and strategic trouble in recent months has added more urgency for closer cooperation with larger rival Honda. Nissan announced a $2.6bn cost savings plan last month that includes cutting 9,000 jobs and 20% of its global production capacity, as slumping sales in China and the US led to an 85% plunge in second-quarter profit. “This deal appears to be more about bailing out Nissan, but Honda itself is not resting on its laurels,” said Sanshiro Fukao, executive fellow at Itochu Research Institute. “Honda’s cash flow is set to deteriorate next year and its EVs haven’t been going so well.” Shares of Nissan closed nearly 24% higher in Tokyo trade on Wednesday, while shares of Honda, whose market value of $43bn is more than four times bigger than that of Nissan, declined 3%. Shares of Mitsubishi Motors, in which Nissan is the top shareholder with a 24% stake, gained nearly 20%. The automakers have been grappling with challenges from EV makers, particularly in China, where BYD and others have surged ahead. The talks between Honda and Nissan, first reported by the Nikkei newspaper, could allow the companies to cooperate more on technology and help them create a more formidable domestic rival to Toyota. The discussions are focused on finding ways to bolster collaboration and include the possibility of setting up a holding company, said the people, who declined to be identified because the information has not been made public. The companies are also discussing the possibility of a full merger, according to one of the people, as well as looking at ways to cooperate with Mitsubishi. Honda, Nissan and Mitsubishi said no deal had been announced by any of the companies, though Nissan and Mitsubishi noted the three automakers had said previously they were considering opportunities for future collaboration. French automaker Renault, a major Nissan shareholder, said it had no information and declined to comment. Renault shares jumped 6.5%. The three Japanese automakers are expected to hold a joint news conference in Tokyo on Monday, according to a source familiar with the matter. Taiwan’s Foxconn, which manufactures Apple’s iPhones and has been seeking to expand its nascent EV contract manufacturing business, approached Nissan about a bid but it was rejected by the Japanese firm, two separate sources familiar with the matter said. Bloomberg News reported earlier on Wednesday that Foxconn had approached Nissan to take a controlling stake. Foxconn did not immediately respond to a request for comment, while a Nissan spokesperson declined to comment on Foxconn. Over the past year, an EV price war launched by Tesla and BYD has intensified pressure on any automakers losing money on the next-generation vehicles. That has put pushed companies like Honda and Nissan to seek ways to cut costs and speed vehicle development, and mergers are a major step in that direction. “In the mid- to long-term, this is good for the Japanese car industry as it creates a second axis against Toyota,” said Seiji Sugiura, a senior analyst at Tokai Tokyo Intelligence Laboratory. “Constructive rivalry with Toyota is a positive for the rather stagnating Japanese car industry when it must compete with Chinese automakers, Tesla and others.” Any merger would face significant US scrutiny and President-elect Donald Trump has vowed to take a hard line on imported vehicles, including threatening 25% tariffs on vehicles shipped from Canada and Mexico. Related Story Ministry of Social Development and Family celebrates Qatar National Day Signing of Book of Loyalty and Devotion at KataraChristmas cheese health warning as potentially deadly bacteria forces recallWalmart is still rolling out plenty of big TV deals for the holidays, including a major discount on this 75-inch VIZIO 4K Limited-Edition UHD Smart TV model. The 75-inch VIZIO 4K Limited-Edition UHD LED HDR TV is now on sale for $478, instead of $598, for a savings of $120. This $120 markdown drops this massive 75-inch VIZIO TV under $480, which is a super-low sale price for this large of a screen size. Walmart is also offering this TV deal with free next-day delivery, so you’ll have this gift under the tree ASAP. With the 75-inch VIZIO 4K UHD Smart TV , you’ll be able to take advantage of Dolby Vision Bright+ technology for a brighter picture color and more image detail. Plus, the Dolby Audio sound quality with spatial audio complements the 4K UHD resolution for a theater-like viewing experience. The TV also has VIZIO Home integrated so you can manage your favorite streaming apps, watch tons of free TV channels and take advantage of more viewing options. It’s also Wi-Fi 6 compatible for faster streaming and gaming with voice control offered through the VIZIO app. Shop for this 75-inch VIZIO 4K UHD LED HDR TV deal at Walmart here. Walmart TV Deals You can also check out more TVs on sale from Walmart for the holidays, including these top offers: TCL 55” Class S4 4K UHD HDR LED Roku TV for $228, instead of $348 Hisense 75′′ Class 4K UHD LED LCD Roku TV for $478, instead of $698 SAMSUNG 65” Class DU6900 Crystal UHD 4K Smart TV for $378, instead of $470 LG 55′′ Class 4K UHD OLED Web OS Smart TV for $798, instead of $1,199 Find even more smart TV markdowns at Walmart here. The Best Deals in December Kate Spade Outlet has handbags up to 79% off with an extra discount on top styles — and you can still get them by Christmas Canada Goose jackets are up to 20% off at Gilt, but this luxury outerwear sale will be gone in a flash UGG has its famous boots and slippers on sale for 30% off with delivery still available by Christmas Amazon has this enormous 98-inch QLED 4K UHD TV on sale for an unbelievable 50% off just before Christmas Amazon has the latest GoPro HERO13 camera on sale for 25% off — and its even cheaper than Black Friday Our journalism needs your support. Please subscribe today to NJ.com . Dawn Magyar can be reached at dmagyar@njadvancemedia.com . Have a tip? Tell us at nj.com/tips/ .