Nearly half of US teens are online 'constantly,' Pew report finds
University of Texas, MIT and others announce free tuition for some undergraduatesTetairoa McMillan, one of the best wide receivers in Arizona history, will skip his final year of eligibility and enter the 2025 NFL Draft, he announced on social media on Thursday. Projected as a top-10 draft pick, the 6-foot-5, 212-pound McMillan finished his illustrious career at Arizona with 3,423 receiving yards, breaking the mark set by Bobby Wade (3,351). In three seasons, the Hawaii native also posted the fourth-most catches (213) and third-most touchdowns (26) in school history. "Wildcat Nation, this journey has been everything I dreamed of and more," McMillan wrote on Instagram. "From the moment I committed to the University of Arizona, to every second spent wearing that Arizona jersey ... it's been an absolute honor. "The University of Arizona has provided me with the platform to grow and chase my dreams. ... Thank you from the bottom of my heart. To the best fans in the country, I appreciate you for all of the love and support you have given me these last 3 years. I will always be a Wildcat." In 2024, McMillan totaled 84 grabs (ninth in Division I) for 1,319 yards (third in Division I) and eight touchdowns for the 4-8 Wildcats. He also ranked third in Division I with 109.9 receiving yards per game. McMillan is a finalist for the Biletnikoff Award, given to the most outstanding receiver in college football. --Field Level Media
Provides 2000 A15 Hydro Bitcoin mining machines in initial order Continues global expansion with addition of new customer SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. CAN ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. ("AGMH"), an integrated technology company specializing in fintech software services and production of high-performance hardware and computing equipment, for its Avalon A15 HydU 370T ("A15 Hydro") mining machines. As part of the agreement, Canaan will initially provide 2,000 Bitcoin mining machines to AGMH. The Company has also agreed to provide its customer with an option to acquire approximately 30,000 additional BTC mining units, potentially providing AGMH with a combined power capacity not exceeding 300 megawatts. The Avalon Miner A15 Hydro enhances the miner's performance and lifespan while reducing energy consumption and noise pollution, aligning with Canaan's ESG (Environmental, Social, and Governance) strategy. About Canaan Inc. Established in 2013, Canaan Inc. CAN , is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in bitcoin 's history under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/ . Safe Harbor Statement This announcement contains forward−looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.'s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin ; the Company's expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company's expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company's investment plans and strategies, fluctuations in the Company's quarterly operating results; competition in its industry; and relevant government policies and regulations relating to the Company and cryptocurrency . Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law. Investor Relations Contacts Canaan Inc. Xi Zhang Email: IR@canaan-creative.com ICR, LLC. Robin Yang Tel: +1 (347) 396-3281 Email: canaan.ir@icrinc.com View original content: https://www.prnewswire.com/news-releases/canaan-inc-signs-agreement-with-agm-group-holdings-inc-302330362.html SOURCE Canaan Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The road to the NFL playoffs goes through San Francisco for the Los Angeles Rams . The bitter NFC rivals square off on Thursday Night Football. If the Rams win their playoff chances will improve to around 50 percent. If they lose those odds drop to 25 percent, irrespective of what happens around the rest of the division and league this weekend. 49ers Getting Slightly Healthier Ahead Of TNF Vs Los Angeles Rams And while the 49ers have a worse record and a severely injured starting lineup, they will get some reinforcement on both sides of the ball. It was reported this afternoon that they would activate linebacker Dre Greenlaw for the first time this season, the initially listed as questionable Nick Bosa and rookie running back Issac Guerendo are both now expected to play. Bosa is by far the 49ers’ best pass rusher, so getting him back is an instant upgrade to the whole unit after missing him for the last three games. They were only able to muster a paltry average of 10 pressures per game in that time. When healthy Bosa has averaged five pressures a game on his own. With Greenlaw, the benefit to the 49ers’ defense will be mitigated as he will be kept on a snap limit, but he will undoubtedly help in stopping the Rams’ formidable running backs, Kyren Williams and Blake Corum. On offense, San Francisco’s running back room had grown bare after losing both Christian McCaffrey and Jordan Mason recently. But Guerendo has proved to have significant upside, with his sub-4.4 second 40-yard time. While he still has plenty of growth, head coach Kyle Shanahan has plenty of experience unleashing speedy lesser-known running backs in his offense. The Rams have struggled against strong and consistent rushing teams, posting the 27th-ranked EPA per play against the run this season. This article first appeared on LAFB Network and was syndicated with permission.Colts brace for battle with NFL-best LionsTheir ages vary. But a conspicuous handful of filmmaking lions in winter, or let’s say late autumn, have given us new reasons to be grateful for their work over the decades — even for the work that didn’t quite work. Which, yes, sounds like ingratitude. But do we even want more conventional or better-behaved work from talents such as Francis Ford Coppola? Even if we’re talking about “Megalopolis” ? If Clint Eastwood’s “Juror #2” gave audiences a less morally complicated courtroom drama, would that have mattered, given Warner Bros.’ butt-headed decision to plop it in less than three dozen movie theaters in the U.S.? Coppola is 85. Eastwood is 94. Paul Schrader, whose latest film “Oh, Canada” arrives this week and is well worth seeking out, is a mere 78. Based on the 2021 Russell Banks novel “Foregone,” “Oh, Canada” is the story of a documentary filmmaker, played by Richard Gere, being interviewed near the end of his cancer-shrouded final days. In the Montreal home he shares with his wife and creative partner, played by Uma Thurman, he consents to the interview by two former students of his. Gere’s character, Leonard Fife, has no little contempt for these two, whom he calls “Mr. and Mrs. Ken Burns of Canada” with subtle disdain. As we learn over the artful dodges and layers of past and present, events imagined and/or real, Fife treats the interview as a final confession from a guarded and deceptive soul. He’s also a hero to everyone in the room, famous for his anti-Vietnam war political activism, and for the Frederick Wiseman-like inflection of his own films’ interview techniques. The real-life filmmaker name-checked in “Oh, Canada” is documentarian Errol Morris, whose straight-to-the-lens framing of interview subjects was made possible by his Interrotron device. In Schrader’s adaptation, Fife doesn’t want the nominal director (Michael Imperioli, a nicely finessed embodiment of a second-rate talent with first-rate airs) in his eyeline. Rather, as he struggles with hazy, self-incriminating memories of affairs, marriages, one-offs with a friend’s wife and a tense, brief reunion with the son he never knew, Fife wants only his wife, Emma — his former Goddard College student — in this metaphoric confessional. Schrader and his editor Benjamin Rodriguez Jr. treat the memories as on-screen flashbacks spanning from 1968 to 2023. At times, Gere and Thurman appear as their decades-young selves, without any attempt to de-age them, digitally or otherwise. (Thank god, I kind of hate that stuff in any circumstance.) In other sequences from Fife’s past, Jacob Elordi portrays Fife, with sly and convincing behavioral details linking his performance to Gere’s persona. We hear frequent voiceovers spoken by Gere about having ruined his life by age 24, at least spiritually or morally. Banks’ novel is no less devoted to a dying man’s addled but ardent attempt to come clean and own up to what has terrified him the most in the mess and joy of living: Honesty. Love. Commitment. There are elements of “Oh, Canada” that soften Banks’ conception of Fife, from the parentage of Fife’s abandoned son to the specific qualities of Gere’s performance. It has been 44 years since Gere teamed with Schrader on “American Gigolo,” a movie made by a very different filmmaker with very different preoccupations of hetero male hollowness. It’s also clearly the same director at work, I think. And Gere remains a unique camera object, with a stunning mastery of filling a close-up with an unblinking stillness conveying feelings easier left behind. The musical score is pretty watery, and with Schrader you always get a few lines of tortured rhetoric interrupting the good stuff. In the end, “Oh, Canada” has an extraordinarily simple idea at its core: That of a man with a movie camera, most of his life, now on the other side of the lens. Not easy. “I can’t tell the truth unless that camera’s on!” he barks at one point. I don’t think the line from the novel made it into Schrader’s script, but it too sums up this lion-in-winter feeling of truth without triumphal Hollywood catharsis. The interview, Banks wrote, is one’s man’s “last chance to stop lying.” It’s also a “final prayer,” dramatized by the Calvinist-to-the-bone filmmaker who made sure to include that phrase in his latest devotion to final prayers and missions of redemption. “Oh, Canada” — 3 stars (out of 4) No MPA rating (some language and sexual material) Running time: 1:34 How to watch: Opens in theaters Dec. 13, running 1in Chicago Dec. 13-19 at the Gene Siskel Film Center, 164 N. State St.; siskelfilmcenter.org Michael Phillips is a Tribune critic.
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Olivia Hussey, star of the 1968 film 'Romeo and Juliet,' dies at 73‘Oh, Canada’ review: Richard Gere shows the price of a lifetime of deceptionQatar tribune Tribune News Network Doha Russian GM Andrey Esipenko, playing under the FIDA flag, ensured a draw in the final round against Indian GM Arjun Erigaisi to claim his maiden Qatar Masters Chess 2024 trophy at the Aspire Zone Hall on Thursday. The 22-year-old held his nerves in the final finishing with a total tally of 7.5 points in nine rounds of Swiss system in the FIDE tournament. Erigaisi ended second with 7 points. Esipenko got richer by $25,000 besides the trophy for his efforts that included six wins and three draws. Erigaisi, 21, picked up $15,000 as runners-up. “I feel incredibly fortunate to have won here in Qatar,” a delighted said Esipenko. “I’m grateful for all the support I’ve received and I’ll strive to maintain this high level of play in the coming tournaments that I take part in,” he added. Esipenko, unbeaten in Doha this time, won against India’s CM Yash Bharadia, Egypt’s GM Adham Fawzy, India’s GM Surya Shekhar Ganguly, India’s GM Rithvik R Raja, UAE’s GM Abdulrahman Saleh Salem and Armania’s GM Shant Sargsyan. He shared points with Bulgarian GM Arkadij Naiditsch and Iran’s GM Bardiya Daneshvar before drawing with Erigaisi. Erigaisi expressed his disappointment at falling short of the title. “I was hoping to win, especially as the top seed,” he said. “I aimed to break the tie in the decisive game but fell short in the critical moves.” Erigaisi’s second-place finish meant Fabiano Caruana still leads the FIDE Circuit going into the World Rapid & Blitz in New York at the end of the year. If Erigaisi had won in Qatar (without a tie) then he would have surpassed Caruana on the FIDE circuit, with the leader becoming the first player to qualify for the next Candidates that will take place in 2026. Despite the loss, Erigaisi, who recently joined the exclusive 2800+ Elo rating club, praised the tournament’s organisation. “The tournament was exceptionally well-organised,” he said, thanking QCA ‘for their efforts’. The fourth edition of Qatar Masters, organized by the Qatar Chess Association (QCA), attracted more than 300 players from around the world including 110 from India. Nodirbek Abdusattorov of Uzbekistan beat Indian GM Leon Luke Mendonca to end tournament with 7 points. Mendonca wrapped up the tournament with 6 points. Armenian GM Shant Sargsyan, Indian GM Murali Karthikeyan and UAE’s GM Saleh Salem all ended with 6.5 points each. Karthikeyan beat Shamsiddin Vokhidov of Uzbekistan in the final round. Qatar’s IM Husain Aziz concluded his campaign with 3.5 points, finishing in 110th place. He lost to China’s 51st seed Chen Zou in the final round. President of QCA Mohamed Al Mudahka thanked Abdulghani Nasser Al Abdulghani, CEO of Abdulghani Motors, and Sabah Rabia Al Kuwari, Director of Public Relations, Social Responsibility and Sponsorships at Ooredoo, ‘for their great efforts in supporting the tournament’ as the official sponsor of the tournament. “During 10 days, the games that took place were not without excitement and many of the top ranked players were eliminated from the race for the title in the penultimate round. I believe the tournament fulfilled its top billing,” Al Mudahka. Al Mudahka also highlighted the valuable experience gained by Qatari players in the Qatar Masters Open B Tournament which was run parallel to the main event. Libya’s Yousef Alhassadi clinched the B Tournament title with a remarkable eight-point-score from seven wins and two draws. Khaled Al Jamaat, 30th , was the top finisher among Qatari players, after his raised his points to 5.5 with a win over India’s Saravanan Advaith in the final round. After the prize presentation ceremony, Al Mudahka congratulated Episenko for his Qatar Masters victory. The QCA president also applauded the performances of Erigaisi and Abdusattorov, saying they entertained chess lovers in Qatar. Copy 13/12/2024 40Ange Postecoglou explodes at 'unacceptable' Timo Werner in head-loss after Rangers draw
Indiana aims to run its winning streak to five games Friday night when Nebraska welcomes the Hoosiers to Lincoln, Neb. Indiana (8-2, 1-0 Big Ten) has lost the past three meetings with Nebraska after winning seven straight. The Hoosiers are led by center Oumar Ballo, a transfer from Arizona who averages 13.2 points and 9.1 rebounds per game, and forward Malik Reneau (team-best 15.5 points and 6.4 rebounds). Reneau, according to Indiana, is one of five major-conference players to average at least 10 points per game with a field goal percentage of at least 60 and 80 percent from the free-throw line. Off Indiana's 82-67 home win over Minnesota on Monday, head coach Mike Woodson said there are things to work on going forward. "When you get a team down 15, 20 points, you got to remember how you got them down and continue to do the same things that got you the lead," said Woodson, "and I don't think we did that coming down the stretch." Nebraska's best win this season was over then-No. 14 Creighton in an in-state battle last month. But the Cornhuskers (6-2, 0-1) haven't played a very difficult schedule, and were blown out 89-52 by current No. 21 Michigan State on the road last weekend. The Spartans became the first team in 25 games to make more than 50 percent of their shots against Nebraska, so improved defense will be key for the Huskers. Nebraska was also outrebounded 48-19. "That hadn't been us all year, and that was the disappointing thing," coach Fred Hoiberg said. "The physicality of the game in this league ... we're going to see it every night. I've been pleased with how they've responded, but we'll see how they step up to the challenge Friday night." If Nebraska can turn things around on offense, it is 38-2 under Hoiberg when scoring at least 80 points, including 4-0 this season. Brice Williams is Nebraska's leading scorer at 17.5 points per game. Connor Essegian adds 13.0 ppg and shoots 42.6 percent from 3-point range. --Field Level Media
Cambodia’s economy grew 5.6 per cent in 2023 and is projected to rise to 5.8 per cent in 2024, driven by garment, footwear, and tourism exports. In June, the World Bank admired Cambodia’s economic activity, which peaked in the first quarter of 2024, driven by a revival of services and goods exports despite subdued domestic demand. The country’s economic growth has been 5.6 per cent in 2023, which is expected to improve marginally to 5.8 per cent in 2024, strengthen to 6.1 per cent in 2025 and reach 6.4 per cent in 2026. The projections are based on a revival in garment, travel goods, footwear exports, and tourism expected to propel the ongoing recovery. While the international tourist arrivals improved in the first quarter to 84 per cent of pre-pandemic levels, the exports of garments, travel goods, and footwear rebounded with ASEAN (Association of Southeast Asian Nations) region emerging as Cambodia’s second largest export market after the US. Rising foreign investment in manufacturing and agriculture also contributed to the recovery. Inflation also declined to zero in March with deceleration in food prices. Later in October, IMF (International Monetary Fund) projected economic growth in 2024 at 5.5 per cent. However, the growth drivers – strong rebound in garment and tourism as also observed by the World Bank, remained common in both projections. The inflation projection is around 1.5 per cent prior to an expected convergence to the long-term trend of 3 per cent. In the first half, the inflation moderated to an average of 1.6 per cent, y-o-y. IMF recommended structural reforms to diversify growth drivers and improve productivity. January-September trade The international sales (exports) of various articles of apparel and clothing accessories – both knitted and non-knitted, footwear gaiters, leather and fur goods, as well as some processed textiles, reached $966.98 million in the month of January, accounting for 49.16 per cent of Cambodia’s total export value of $1,967 million. This was 21.64 per cent up from January 2023 and attributed to the global recovery towards the end of 2023, a decrease in the stock levels of textile products at overseas companies, and revitalisation of global tourism, which boosted the demand for GFT products in key markets of the US, EU, Japan, Canada and the UK. By February end, Cambodia cumulatively exported more than $1.6 billion worth of textile products to international markets, surging by nearly a quarter compared to the same period in 2023. The increase in exports was also due to an increase in shipments to member countries of the Regional Comprehensive Economic Partnership (RCEP). Between January and May 2024, Cambodia exported $4.969 billion worth of garments, footwear and travel goods (GFT), growing by 20% y-o-y. In this, combined exports of apparel and textiles accounted for $3.628 billion, rising 22 per cent y-o-y. The positive trend marked a turnaround after 18 months of continuous decline. The GFT sector comprises around 1,680 factories and branches, employing nearly 918,000 workers, mostly female. Export of footwear was worth $615 million—up by 10 per cent YoY, while the figure for travel goods was $726 million—up by 18.8 per cent y-o-y. During the five-month period, the country’s total trade volume increased 12.5 per cent over $19.2 billion during the same period last year. Combining all three quarters from January to September, Cambodia exported textile products, encompassing knitted articles of apparel and clothing accessories (HS Code 61), non-knitted articles (Code 62), other textiles (Code 63), and footwear and gaiters (Code 64), worth $8.758 billion which reflected a 24.51 per cent increase over $7.034 billion (2023). This represented 44.16 per cent of the country’s total export revenue of $19.833 billion. Code 61 products generated revenue of $5.034 billion (up 21.5 per cent), Code 62 amounted to $2.353 billion (up 31.9 per cent), Code 63 accounted for $155.69 million (up 37.7 per cent), and Code 64 brought in $1.214 billion (up 22.4 per cent). The growth in exports over 2023 was largely attributed to Cambodia’s political stability within ASEAN, especially in comparison to Bangladesh and Myanmar. The country’s favourable investment laws, the efficiency of its workers and the availability of skilled labour, the quality and quantity of production, improved transportation infrastructure, and a growing number of international buyers were other major growth drivers. The country also attracted many foreign financiers who are currently investing in textile manufacturing. In terms of country (not region), Canada remained the fourth largest market, after the top three of the US, Japan and Spain, for Cambodian apparel exports during the first six months of 2024. Cambodia’s total apparel exports totalled $5.548 billion, and Canada accounted for 8.29 per cent of the total. During the period, Canada was supplied with apparel worth $452.916 million, with trousers and shorts having the largest share of 36.06 per cent and valued at $163.392 million. Among other apparel categories, jerseys, valued at $74.217 million, had a 16.39 per cent share in total apparel exports; T-shirts amounted to $38.560 million, contributing 8.51 per cent; shirts were worth $31.012 million, had a 6.85 per cent share; and coats, valued at $20.969 million, contributed 4.63 per cent share. EU-switch garment project The four-year tenure of the EU-Switch Garment Project, which promoted sustainable energy practices in the Cambodian garment sector, ended in May. The European Union SWITCH-Asia Grants Programme funded the project. It jointly implemented by the Global Green Growth Institute (GGGI), TAFTAC (Textile, Apparel, Footwear & Travel Goods Association), and Geres in partnership with the MoE (Ministry of Environment) and MISTI (Ministry of Industry, Science, Technology & Innovation). The event was attended by over 100 participants and featured the project’s detailed achievements, and networking opportunities to discuss the future of sustainable garment production in Cambodia. The EU-Switch Garment project aimed to improve the environmental sustainability of the country’s garment industries by offering technical assistance in the form of energy audits, capacity building, technical guidelines, and improved financing access. During the tenure, the Model Green Factory Program—a voluntary tool to become a greener factory—was developed, acknowledged by MoE and MISTI, and adopted by TAFTAC for implementation. The project also contributed to bringing sector stakeholders together to enhance better access to finance. The National Steering Committee held its first meeting on June 20, 2024 in Phnom Penh, chaired by the Permanent Secretary of State, MoE. At the meeting, the Committee members listed work streams for 2024-2025 and decided to focus on two priority work streams that are expected to have a significant impact on Cambodia’s green economic transaction efforts: Enhancing the Government’s technical capacity in economic foresight and fiscal policy: This work stream would support policymakers in using data to make informed decisions and in systematically assessing the economic, social, and environmental impacts of fiscal and economic decisions. Additionally, integrated planning, modelling, and sustainable budgeting would help the Cambodian Government optimise resources, attract new financing, and align with development priorities. Promoting a circular economy with a focus on reducing single-use plastics and implementing the 4R principles within the garment industry: This work stream would aim to decarbonise the garment sector by reducing carbon emissions through technological innovation, aligning with the UNFCCC Fashion Charter principles. It focuses on reducing fabric waste, promoting circular fashion, and supporting the government’s target to reduce plastic use and promote the 4R principles as part of the Circular Strategy on Environment 2023-2028. On the occasion, PAGE (Partnership for Action on Green Economy) also presented a summary brief, developed based on the last year’s policy scoping study conducted in collaboration with the Cambodian Development Resource Institute, outlining five priorities that serve as a roadmap for policymakers and stakeholders to identify the obstacles and opportunities for fostering a green economic transition in Cambodia. Workshop on green initiatives A workshop ‘Reporting on Human Rights Due Diligence (HREDD) and Sustainability Requirements for International Buyers’ was organised on September 19, 2024, by GOPA Consulting Group’s team leading the GIZ-funded project “Services to strengthen capacities for sustainable management in the textile sector” in association with TAFTAC. The workshop marked the end of the project. Held in the headquarters of TAFTAC, the workshop lauded the efforts of 45 TAFTAC member factories for the successful completion of the Model Green Factory Program. The training at the workshop had three main objectives – environmental data management, energy efficiency, and job and data management, which are integral to international sustainability standards. Minimum wages revised The National Council on Minimum Wage (NCMW) – a tripartite body comprising equal representation of labour unions, employer’s associations, and the government, increased the minimum wage for the textile, garment, footwear and travel product industries for 2025, through Prakas 211 which will come into force with effect from January 1, 2025. The new minimum wages will be $208 pm (per month) and $206 pm for regular and probationary workers, respectively. Earlier wages were $204 pm and $202 pm. Prakas 211 also outlined the minimum wage provisions for piece rate workers, who are compensated based on their level of output. These workers have the potential to earn more than the minimum wage if their production yields a higher pay rate. However, if their production results in earnings lower than the minimum wage, their pay is adjusted to meet the minimum wage threshold of $208 pm for regular workers or $206 pm for probationary workers. In addition to the minimum wage, workers will also receive the attendance bonus of $10 pm; travel and accommodation expenses of $7 pm; meal allowances of $0.50 per day; and overtime and seniority bonus of $2 to $11 pm for those between their second to the eleventh year of work. Fibre2Fashion News Desk (SB – WE)U.S. stock indexes drifted lower following some potentially discouraging data on the economy. The S&P 500 fell 0.5% Thursday, its third loss in the last four days. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.7% from its record set the day before. A report earlier in the morning said more U.S. workers applied for unemployment benefits last week than forecast. A separate update showed that inflation at the wholesale level was hotter last month than economists expected. Adobe sank after issuing weaker-than-expected financial forecasts. Treasury yields rose in the bond market. On Thursday: The S&P 500 fell 32.94 points, or 0.5%, to 6,051.25. The Dow Jones Industrial Average fell 234.44 points, or 0.5%, to 43,914.12. The Nasdaq composite fell 132.05 points, or 0.7%, to 19,902.84. The Russell 2000 index of smaller companies fell 33.08 points, or 1.4%, to 2,361.08. For the week: The S&P 500 is down 39.02 points, or 0.6%. The Dow is down 728.40 points, or 1.6%. The Nasdaq is up 43.07 points, or 0.2%. The Russell 2000 is down 47.91 points, or 2%. For the year: The S&P 500 is up 1,281.42 points, or 26.9%. The Dow is up 6,224.58 points, or 16.5%. The Nasdaq is up 4,891.49 points, or 32.6%. The Russell 2000 is up 334.01 points, or 16.5%.There's nothing quite like slipping into a freshly dry-cleaned outfit — crisp, pristine and ready to conquer the day. But have you ever wondered about the process behind these immaculate results? Dryel At-Home Dry Cleaner Kit OGHom Steamer for Clothes, Handheld Clothing Steamer SALAV® Heavy Duty Commercial Full-Size Garment Steamer Woolite Extra Delicates Laundry Detergent Dirty Labs | Hand Wash and Delicates | Scent Free | 32 Loads Heritage Park Silk & Wool Fragrance Free Laundry Detergent Minky Homecare Outdoor Retractable Dual Clothesline Household Essentials Single Line Retractable Clothesline Whitmor 6026-2884 ClotheClothes Pins, S/50, Natural Wood, 50 40 Pack Clothes Pins Heavy Duty Amazon Basics Foldable Portable Laundry Drying Rack Honey-Can-Do Heavy Duty Gullwing Drying Rack, White Metal Despite its name, dry-cleaning isn't dry. Instead of water, your garments are bathed in a liquid solvent, typically perchloroethylene (PCE) — commonly known as PERC — that adeptly dissolves oil and grease without harming the fabric. Stains are pretreated with specialized agents before the clothes are submerged in PERC and gently agitated to remove dirt. Modern dry-cleaning machines operate in a closed-loop system, recovering nearly all the solvent to minimize environmental impact and reduce costs. After cleaning, any remaining stains are addressed, and the garments are pressed and given final touches. While effective, PERC and another closely related industrial solvent — trichloroethylene (TCE) — have been identified as potential health hazards. In response to these findings, the U.S. Environmental Protection Agency (EPA) has taken significant steps to , which have been staples in the dry-cleaning industry for years. Dr. Paul Savage, founder and CEO at and a toxin expert, emphasizes the significance of this regulatory action, "The EPA's decision to ban TCE and PCE solvents is a watershed moment in public health policy. These carcinogenic chemicals, widely used in dry-cleaning and industrial applications, have been linked to cancers such as kidney, liver and testicular cancers, as well as non-Hodgkin’s lymphoma," he explains. These risks are present, even at very low exposure levels. Furthermore, their widespread presence in the environment contaminates water, soil, air and even food, underscoring the urgent need for decisive action. , associate professor at Texas Christian University, explains, " have linked long-term exposure to increased cancer risks among dry-cleaning workers and nearby communities. Communities near dry-cleaning facilities using PERC have reported higher rates of cancer, prompting EPA action under the ." This regulatory crackdown has prompted a reevaluation of garment care routines. As the phaseout of these chemicals progresses over the next decade, the industry is expected to adopt safer, more sustainable alternatives. But in the meantime, what steps should you take to safeguard your health? Let's uncover the truth about what lingers in your clothes, explore how these changes impact your wardrobe and wellness and consider safer alternatives to dry-cleaning. PERC and TCE have long been integral to the dry-cleaning industry, thanks to their potent grease-busting properties. PCE has been the predominant solvent in dry-cleaning, prized for its chemical stability and nonflammable nature, which allow it to remove stains without damaging delicate fabrics. While TCE is less commonly used in dry-cleaning, it plays a significant role in industrial applications such as metal degreasing and as an ingredient in various cleaning products. However, exposure to PERC and TCE pose significant health risks: : Both chemicals are classified as probable human carcinogens. PCE exposure has been linked to cancers of the liver, kidney, brain and testicles, while TCE exposure is associated with . : Short-term exposure to high levels of these solvents can lead to dizziness, headaches and cognitive impairments. Chronic exposure may result in long-term neurological damage. : that PCE and TCE may adversely affect reproductive health and compromise immune system function. The health consequences are not the only concerns. The environmental persistence of PERC and TCE also presents dangers. Improper disposal and leaks can lead to soil and groundwater contamination, posing risks to ecosystems. Furthermore, the volatilization of these chemicals contributes to air quality degradation, affecting both indoor and outdoor environments. The EPA's ban will reduce the impact of PERC and TCE on several groups, including employees in the dry-cleaning sector who are regularly exposed to high levels of these chemicals and residents living near dry-cleaning businesses. As Galbadage notes, " PERC emissions contaminate indoor air and groundwater, disproportionately affecting vulnerable populations living near dry-cleaning facilities. Phasing out PERC addresses these health inequities." Around are employed in the laundry and dry-cleaning industry in the U.S. These individuals can inhale toxic fumes, leading to delirium, severe respiratory issues and death, while chronic low-level exposure significantly increases cancer and other health risks. But what about consumers? Studies assessing PERC and TCE levels in dry-cleaned fabrics are few and far between. However, found that wool, polyester and cotton fabrics retained significant amounts of PCE after dry-cleaning, with levels increasing after multiple cleaning cycles. In contrast, silk fabrics didn't retain noticeable amounts. Furthermore, PCE slowly evaporated from the fabrics when exposed to normal room air conditions, indicating that the chemical lingers in clothing and is potentially released into the environment over time. The amount of PCE residue varied between different dry-cleaning establishments, suggesting that cleaning processes and equipment efficiency can influence chemical retention in fabrics. So, even though dry-cleaned clothes are considered “safe” to wear, the chemicals may still pose some risks, especially to those with sensitive skin or those who regularly dry-clean their clothes, leading to greater buildup. The controversy surrounding PERC and TCE isn't new. In the absence of federal regulations, some states have taken action. For example, California began phasing out PERC in dry-cleaning in 2007 after identifying it as a in 1991, with a deadline to stop using PERC in dry-cleaning processes by Jan. 1, 2023. Recognizing these hazards, the EPA has established a 10-year timeline for phasing out PCE in dry- cleaning. The agency has also banned all consumer uses and many commercial applications of TCE, with most prohibitions taking effect within a year. As Savage notes, "It’s encouraging to see the EPA take this step, but it’s important to recognize that the full elimination of PERC may take time. Consumers should proactively seek out eco-friendly cleaning options in the meantime." But why is there such an extended period to eliminate these chemicals? Several factors influence this extended timeline: The dry-cleaning industry predominantly comprises small, family-owned businesses. Immediate compliance with new regulations would require significant investments in alternative solvents and equipment, potentially imposing financial burdens that could jeopardize their operations. Identifying, testing and implementing safer alternatives to PERC and TCE is a complex process. Industries need adequate time to research and adopt practical and economically viable substitutes. Dry-cleaning machines and other industrial equipment represent substantial investments with long operational lifespans. Mandating an abrupt cessation of PERC and TCE use would render existing equipment obsolete, leading to financial losses. Transitioning to new chemicals or processes necessitates comprehensive employee training to ensure safe and effective use. The production and distribution networks for alternative chemicals and equipment need time to scale to meet increased demand. A phased approach ensures supply chains can adjust without causing shortages or delays. The timeline for phasing out PERC and TCE reflects a strategic effort to protect public health while allowing industries sufficient time to adapt. If you'd prefer to avoid traditional dry-cleaning as it transitions away from PERC and TCE, several safer and more sustainable alternatives are available for garment care. Commercial wet cleaning Commercial wet cleaning uses water and biodegradable detergents, making it suitable for delicate fabrics like wool and silk. It's an environmentally friendly method that eliminates the health risks of solvents. Specialized equipment allows for gentle agitation and precise control over variables like temperature and moisture, ensuring thorough cleaning without damaging your clothes. Liquid carbon dioxide cleaning This innovative technique employs pressurized liquid carbon dioxide (CO2) as a solvent. Garments are placed in a specialized machine where CO2 removes dirt and stains. The process is energy-efficient and avoids toxic chemicals. Additionally, the CO2 used is often captured as a by-product of existing industrial processes, further reducing environmental impact. Win win! Handwashing and line-drying Let's go old school and do the washing by hand! For many “dry-clean only” items, gentle handwashing with mild detergent is a safe alternative. After washing, flat drying helps maintain the garment's shape and quality. It's an economical, chemical-free method, but check care labels and test a small area first to ensure the fabric can handle water without damage. Steam cleaning Steam can remove odors and light stains. Handheld steamers or steam functions on irons can refresh garments without full washing. Steam cleaning is gentle on fabrics and reduces the need for chemical cleaners. It's particularly useful for items that wrinkle easily or have been in storage. At-home dry-cleaning kits These kits are a convenient way to freshen garments using your dryer. However, their effectiveness varies, and some may still contain chemicals of concern. The Environmental Working Group (EWG) has evaluated products like and is less than impressed with their safety profiles. It's advisable to research specific products and consider their ingredients before use. Attempting to care for delicate “dry-clean-only” garments at home can be a bit daunting — one wrong move, and you could have a shredded silk or shrunken wool disaster on your hands. But with the correct methods, you can keep your wardrobe pristine without risking fabric fiascos. Here are our top picks for safely cleaning dry-clean-only clothing at home. In addition to in-dryer dry- cleaning kits, we've selected our favorite steamers, gentle detergents and accessories for line drying garments, as dry-clean-only fabrics typically shouldn't be thrown in the dryer. This is a convenient solution for refreshing delicate and dry-clean-only garments in 20 minutes. The starter kit includes a stain-removal pen to pretreat stains and eight cleaning cloths. Simply place a cloth in the dryer with one to five garments of similar material and tumble dry on medium heat. The kit also contains a scented wrinkle-releaser spray to remove static and wrinkles between cleanings. It works on most fabrics, including wool, linen, silk and denim. Nearly 500 Amazon reviews have rated this product 4.5 stars out of 5. , "This really works," and "The stain remover is incredibly effective." Another , "I'm beyond amazed. I put a cleaning sheet in with two filthy pairs of linen pants. 20 minutes later, the pants are fresh, clean and wrinkle free. I don't know how these possibly work, but they really really do." However, it's important to note that kits like these still include chemicals, although they're free from banned substances. Other Dryel products have scored poorly in EWG ingredient concern ratings, although not this one specifically. With over 51,000 reviews averaging 4.3 stars out of 5 and costing under $25, the is a solid choice. The 240ml water tank heats up in under 2 minutes and provides up to 15 minutes of continuous steam. Plus, the 9-foot power cord makes it convenient to use. Customers love its compact size, making it suitable for travel. However, note that while effective on light to medium fabrics, it may be less efficient on larger, heavier items. If you're looking for something that can handle heavy-duty cleaning, the is a better choice. This robust appliance has 1,800 watts of steam power and an extra-large 3-liter water tank, providing up to 90 minutes of continuous steam. This detergent is specifically formulated for delicate fabrics, with a hypoallergenic solution free from harsh ingredients like bleach, phosphates or enzymes. Leveraging bioenzyme technology, this detergent cleans delicate fabrics without compromising their quality. It's hyperconcentrated, nontoxic and biodegradable. This pH-neutral, hypoallergenic detergent is free from enzymes, ultraconcentrated and dermatologist-tested, making it a reliable choice for washing delicate garments, particularly silk and wool. Retractable clotheslines are perfect for indoor and outdoor use, providing flexibility and saving space. The is a heavy-duty, PVC-coated line with a massive 98 feet of drying space. If your space is smaller, the has 40 feet of drying space. This is a great addition to laundry rooms or even bedrooms when you need to hang up clothes inside. Clothespins are essential for securing garments to clotheslines, preventing them from falling or being thrown around by the wind. While there are lots of affordable options to choose between, these simple, classic wooden clothespins come in a pack of 50. Wooden clothespins sometimes break with frequent use. These stainless-steel pins are a good alternative (and they're ones that Yahoo Health Editor, Laura Williams, personally uses). Drying racks are versatile tools for flat-drying clothes so they keep their shape. They come in various designs to accommodate different spaces and laundry volumes. This lightweight yet sturdy rack offers ample space for drying clothes and folds flat for easy storage. This rack is ideal for large families and has multiple drying positions and a high capacity. What is PERC, and why is it being banned? "PERC refers to perchloroethylene, a harmful volatile organic compound (VOC) widely used as a solvent in dry-cleaning shops. However, it is also used by consumers as brake cleaners and adhesive products, as well as for many industrial processes," explains , associate specialist in air pollution exposure assessment and epidemiology at the UC Irvine Program in Public Health. It's also worth noting that PERC can degrade into TCE, another cancer-causing solvent. "The EPA's recent move to ban PERC is due to the chemical's casual link with many adverse health conditions including liver, kidney, brain and testicular cancer, as well as damage to the kidney, liver and immune system, neurotoxicity and reproductive toxicity," Masri continues. Is PERC completely banned in dry-cleaning? PERC is not yet banned, explains Masri. In December 2024, the EPA issued a final rule prohibiting many uses of PCE and for those uses that are not prohibited. This includes implementing a Workplace Chemical Protection Program and prescriptive controls to ensure safety in environments where PCE is still in use. Specifically for the dry-cleaning sector, the EPA has set a 10-year withdrawal period to eliminate the risk to individuals who work or spend considerable time at dry-cleaning facilities. "The EPA’s action focuses on phasing out PERC from dry-cleaning, with clear deadlines for industries to adopt safer alternatives. However, some facilities may temporarily continue to use PERC as they transition to modern technologies. The extent of the ban will also depend on enforcement timelines and compliance at the local level," explains Savage. Galbadage notes that using PCE in newly acquired dry-cleaning machines is prohibited after six months from the rule's issuance. Compliance dates for existing machines vary depending on their type, with older machines being phased out sooner than newer ones. Many dry-cleaners have already begun this transition. Therefore, while PCE is not entirely banned in dry-cleaning, its use is being systematically eliminated, with complete prohibition expected within the next decade. What is the EPA doing to enforce the ban? "Effective enforcement is key to the success of this initiative," says Savage. This year has seen the EPA , doubling financial penalties issued to polluters and initiating its first-ever arrest related to a climate change crime. "The EPA is enforcing the ban through stringent regulations, requiring industries to adopt safer alternatives and providing oversight to ensure compliance. They are also working with state and local agencies to monitor progress and implement penalties for noncompliance," Savage adds. Masri also notes that measures include mandatory recordkeeping, reporting and environmental monitoring. For example, chemical manufacturers and processors must maintain detailed records of significant adverse reactions to health or the environment caused by chemical substances. These records must be available for EPA inspection upon request. In 2024, the agency concluded over 1,850 civil cases and charged 121 criminal defendants, reflecting a commitment to reducing pollution and protecting public health. With the addition of 300 new employees, the EPA is now better equipped to enforce regulations concerning PERC and TCE in dry-cleaning and other sectors, ensuring compliance to protect public health and the environment. What can I do to minimize my exposure to PERC? You can significantly reduce your exposure to PERC by adopting these practices: : Opt for dry-cleaners using non-PERC methods, such as wet or liquid carbon dioxide cleaning, suggests Savage. : Galbadage recommends storing dry-cleaned garments in well-ventilated areas to dissipate residual PERC fumes. : Before bringing dry-cleaned items into your home, remove them from plastic bags and air them outdoors, says Savage. Masri adds, "Find out if you live downwind of a nearby dry-cleaning shop and purchase a if so." Look for one with an activated carbon filter. Some models combine these with HEPA filters to also capture particulate matter. Masri advises caution when using certain cleaning solvents, carpet cleaners and adhesives that may contain PCE. Opt for alternatives labeled as PCE-free or those using safer solvents. : Stay up-to-date with EPA guidelines and local regulations regarding PERC use and exposure. Because PCE can contaminate groundwater and drinking water supplies, Masri also recommends testing your water for contamination, especially if you rely on well water or live near industrial areas. Certified laboratories can perform these tests, and local health departments can guide testing procedures. , associate specialist in air pollution exposure assessment and epidemiology at the UC Irvine Program in Public Health Paul Savage, MD, founder and CEO at and a toxin expert , associate professor at Texas Christian University2.6M Stanley mugs recalled due to burn injuries: Is yours affected?
