the magical ocean Aston Villa striker Morgan Rogers had a goal disallowed against Juventus in a Champions League match on Wednesday as his teammate Diego Carlos had elbowed Michele Di Gregorio in the ribs in the build-up. Juventus and Aston Villa drew in the Champions League Round 5. Football Italia was among the accredited media. The home side had a goal disallowed at minute 93 after a silent VAR check. Rogers put the ball inside an empty net after an aerial clash between Juventus keeper Di Gregorio and Diego Carlos. Di Gregorio had come out of the sticks to claim the ball; Diego Carlos tried to win the aerial duel but collided with the Juventus keeper, who, therefore, failed to retain the ball. Referee Jesús Gil Manzano initially gave the goal to Aston Villa, but it was disallowed after a quick VAR check that didn’t even require a pitchside review. A very controversial finish at Villa Park 😲 Morgan Rogers’ late goal is ruled out for a foul on Juventus goalkeeper Michele Di Gregorio and the match ends 0-0 ❌ 📺 & — Football on TNT Sports (@footballontnt)

The Bank of Scotland’s business barometer poll showed 73% of Scottish businesses expect to see turnover increase in 2025, up from 60% polled in 2023. Almost a quarter (23%) of businesses expect to see their revenue rise by between six and 10% over the next 12 months, with just over a fifth (21%) expecting it to grow by even more. The poll found that 70% of businesses were confident they would become more profitable in 2025, a two per cent increase when compared with the previous year. Revenue and profitability growth was firms’ top priority at 52%, though 40% said they will be targeting improved productivity, and the same proportion said they will be aiming to enhance their technology – such as automation or AI – or upskill their staff (both 29%). More than one in five (22%) want to improve their environmental sustainability. Other areas businesses are hoping to build upon AI-assisted technology (19%), and 24% will be investing in expanding into new UK markets and 23% plan to invest in staff training. The business barometer has surveyed 1,200 businesses every month since 2002, providing early signals about UK economic trends. Martyn Kendrick, Scotland director at Bank of Scotland commercial banking, said: “Scottish businesses are looking ahead to 2025 with stronger growth expectations, and setting out clear plans to drive this expansion through investments in new technology, new markets and their own teams. “As we enter the new year, we’ll continue to by their side to help them pursue their ambitions and seize all opportunities that lie ahead.”ITV I'm A Celeb stars forced to make unexpected decision as one star leaves camp

WASHINGTON — Only about 2 in 10 Americans approve of President Joe Biden's decision to pardon his son Hunter after earlier promising he would do no such thing, according to a poll from The Associated Press-NORC Center for Public Affairs Research. That displeasure tracks with the bipartisan uproar in Washington that ignited over the president's about-face. The survey found that a relatively small share of Americans "strongly" or "somewhat" approve of the pardon, which came after the younger Biden was convicted on gun and tax charges. About half said they "strongly" or "somewhat" disapprove, and about 2 in 10 neither approve nor disapprove. The Democratic president said repeatedly that he would not use his pardon power for the benefit of his family, and the White House continued to insist, even after Republican Donald Trump's election win in November, that Biden's position had not changed — until it suddenly did. Hunter Biden leaves federal court Sept. 5 in Los Angeles after pleading guilty to federal tax charges. "I know it's not right to believe politicians as far as what they say compared to what they do, but he did explicitly say, 'I will not pardon my son,'" said Peter Prestia, a 59-year-old Republican from Woodland Park, New Jersey, just west of New York City, who said he strongly disagreed with the move. "So, it's just the fact that he went back on his word." In issuing a pardon Dec. 1, Biden argued that the Justice Department had presided over a "miscarriage of justice" in prosecuting his son. The president used some of the same kind of language that Trump does to describe the criminal cases against him and his other legal predicaments. White House press secretary Karine Jean-Pierre said it was a decision that Biden struggled with but came to shortly before he made the announcement, "because of how politically infected these cases were" as well as "what his political opponents were trying to do." The poll found that about 4 in 10 Democrats approve of the pardon, while about 3 in 10 disapprove and about one-quarter did not have an opinion or did not know enough to say. The vast majority of Republicans and about half of independents had a negative opinion. President Joe Biden and son Hunter Biden walk Nov. 29 in downtown Nantucket Mass. For some, it was easy to see family taking priority over politics. "Do you have kids?" asked Robert Jenkins, a 63-year-old Democrat who runs a lumber yard and gas station in Gallipolis, Ohio. "You're gonna leave office and not pardon your kid? I mean, it's a no-brainer to me." But Prestia, who is semiretired from working for a digital marketing conglomerate, said Biden would have been better off not making promises. "He does have that right to pardon anybody he wants. But he just should have kept his mouth shut, and he did it because it was before the election, so it's just a bold-faced lie," Prestia said. Despite the unpopularity of his decision, the president's approval rating has not shifted meaningfully since before his party lost the White House to Trump. About 4 in 10 Americans "somewhat" or "strongly" approve of the way Biden is handling his job as president, which is about where his approval rating stood in AP-NORC polls since January 2022. Still, the pardon keeps creating political shock waves, with Republicans, and even some top Democrats, decrying it. Older adults are more likely than younger ones to approve of Biden's pardoning his son, according to the poll, though their support is not especially strong. About one-third of those ages 60 and older approve, compared with about 2 in 10 adults under 60. The age divide is driven partially by the fact that younger adults are more likely than older ones to say they neither approve nor disapprove of the pardon or that they do not know enough to say. President Joe Biden walks with his son Hunter Biden on July 26 as he heads toward Marine One on the South Lawn of the White House in Washington. About 6 in 10 white adults disapprove of the pardon, compared with slightly less than half of Hispanic adults and about 3 in 10 Black adults. Relatively large shares of Black and Hispanic Americans — about 3 in 10 — were neutral, the poll found. "Don't say you're gonna do something and then fall back," said Trinell Champ, 43, a Democrat from Nederland, Texas, who works in the home health industry and said she disapproved of the pardon. "At the end of the day, all you have is your word." Champ, who is Black, voted for Democratic Vice President Kamala Harris over Trump. "I just had my hopes up for her, but I wasn't 100% positive," she said. Champ also said she does not approve of Biden's handling of the presidency and thinks the country is on the wrong track. "While he was in office, I felt like I really didn't see a lot of changes," she said. "I just felt like everything just kind of stayed the same," Champ said. Overall, though, the pardon did not appear to be a driving factor in many Americans' assessment of Biden's job performance. The share of Black Americans who approve of the way he is handling his job as president did fall slightly since October, but it is hard to assess what role the pardon may have played. Sen. Joe Biden (D-Del.) carries both of his sons, Joseph R. III, left, and Robert H., during an appearance at the Democratic state convention last summer, 1972. At center is his wife Neilia Biden, who was killed in an auto crash, Dec. 20, 1972. With them are Governor-elect Sherman W. Tribbitt and his wife, Jeanne. (AP Photo) Joseph Biden, the newly-elected Democratic Senator from Delaware, is shown in Washington, Dec. 12, 1972. (AP Photo/Henry Griffin) 1972 - Is first elected to the Senate at age 29, defeating Republican Senator J. Caleb Boggs. Wins re-election in 1978, 1984, 1990, 1996 and 2002. The newly-elected Democratic senator from Delaware, Joe Biden, is shown, Dec. 13, 1972. Sen. Joe Biden (D-Del.) kisses the cheek of an unidentified friend who offered consoling words after a memorial service in Wilmington, Del., Dec. 22, 1972, for Biden's wife Neilia, their 13-month-old daughter Naomi Christina, who perished in a car-truck crash. Biden's two sons were hospitalized with serious injuries. (AP Photo/Bill Ingraham) December 18, 1972 - While Christmas shopping, Biden's first wife, Neilia Hunter Biden, and daughter, Naomi Biden, are killed in a car accident. His sons are badly injured, but survive. January 5, 1973 - Is sworn in as US senator of Delaware at son Beau Biden's bedside in the hospital. In this Jan. 5, 1973 file photo, four-year-old Beau Biden, foreground, plays near his father, Joe Biden, center, being sworn in as the U.S. senator from Delaware, by Senate Secretary Frank Valeo, left, in ceremonies in a Wilmington hospital. Beau was injured in an accident that killed his mother and sister in December 1972. Biden's father, Robert Hunter, holds the Bible. (AP Photo/File) 1987-1995 - Chairman of the Senate Committee on the Judiciary. Sen. Joe Biden (D-Del.), chairman of the Senate Judiciary Committee, rubs his temples while speaking during confirmation hearings for Supreme Court nominee Robert H. Bork, Sept. 17, 1987, on Capitol Hill. (AP Photo/John Duricka) June 9, 1987 - Enters the 1988 presidential race, but drops out three months later following reports of plagiarism and false claims about his academic record. Sen. Joe Biden (D-Del.) waves from his train as he leaves Wilmington, Del., after announcing his candidacy for president, June 9, 1987. At right, son Beau carries daughter; to Biden's right is his wife Jill and son Hunter. (AP Photo/George Widman) February 1988 - Undergoes surgery to repair an aneurysm in an artery that supplies blood to the brain. Sen. Joseph Biden (D-Del.), wearing a University of Delaware baseball cap, leaves Walter Reed Army Hospital accompanied by his son Hunter Biden, Thursday, March 24, 1988, Washington, D.C. Biden had been in the hospital for 11 days so that surgeons could implant a small umbrella-like filter in a vein to prevent blood clots from reaching his lungs. (AP Photo/Adele Starr) In this Oct. 12, 1991 file photo Senate Judiciary Committee Chairman Joe Biden, D-Del., points angrily at Clarence Thomas during comments at the end of hearings on Thomas' nomination to the Supreme Court on Capitol Hill. Sen. Edward Kennedy, D-Mass. looks on at right. (AP Photo/Greg Gibson, File) January 20, 1990 - Introduces a bill that becomes the Violence Against Women Act (VAWA). The act addresses sexual assault and domestic violence. It is signed into law by President Bill Clinton in 1994. Sen. Joe Biden (D-Del.), left, stands behind a flag as Sen. Barbara Boxer (D-Calif.), second from right, along with other congresswomen meet reporters on Capitol Hill, Feb. 24, 1993, to discuss the Violence Against Women Act. From left are: Sen. Biden; Rep. Louise Slaughter (D-N.Y.); Rep. Pat Schroeder (D-Colo); Sen. Boxer; and Rep. Constance Morella of Maryland. (AP Photo/Barry Thumma) In this April 9, 1993, file photo Sen. Joe Biden, D-Del. stands in front of a Danish armored personnel carrier at the UN-controlled Sarajevo Airport, making a statement about his trip to the besieged Bosnian capital. (AP Photo/Michael Stravato, File) Sen. Joseph Biden, D-Del., ranking Democrat on the Senate Foreign Relations Committee, meets reporters on Capitol Hill Thursday, Oct. 16, 2003 to discuss the United Nations-Iraq vote. (AP Photo/Terry Ashe) Democratic presidential hopeful, and Senate Foreign Relations Committee Chairman Sen. Joseph Biden, D-Del., presides over a hearing of the committee on Capitol Hill in Washington, Thursday, Feb. 1, 2007 to discuss the remaining options in Iraq. (AP Photo/Dennis Cook) Democratic presidential hopeful U.S. Sen. Joseph Biden D-Del., smiles during the Iowa Federation of Labor, AFL-CIO Presidential Forum Wednesday, Aug. 15, 2007, in Waterloo, Iowa. (AP Photo/M. Spencer Green) January 31, 2007 - Files a statement of candidacy with the Federal Elections Commission to run for president. August 1, 2007 - His memoir, "Promises to Keep: On Life and Politics," is published. Sen. Joe Biden, D-Del., left, listens as Sen. Barack Obama, D-Ill., responds to a question during the first Democratic presidential primary debate of the 2008 election hosted by the South Carolina State University in Orangeburg, SC., Thursday, April 26, 2007. At right is Sen. Hillary Rodham Clinton, D-NY. (AP Photo/J. Scott Applewhite) Sen. Joseph Biden, D-Del., speaks at a Caucus night rally in Des Moines, Iowa, Thursday, Jan. 3, 2008. Biden abandoned his bid for the Democratic presidential nomination Thursday after a poor showing in the state's caucuses. (AP Photo/Jeff Chiu) In this Jan. 3, 2008, file photo, Democratic presidential hopeful, Sen. Joe Biden, D-Del., rests his head on the shoulder of his wife, Jill, as they stand in a hallway awaiting his introductions for a rally at the UAW Hall in Dubuque, Iowa on the day of the Iowa caucus in Dubuque, Iowa. (AP Photo/Mark Hirsch, File) August 23, 2008 - Is named the vice-presidential running mate of Barack Obama. In this Aug. 23, 2008 file photo, Democratic presidential candidate Sen. Barack Obama D-Ill., and his vice presidential running mate Sen. Joe Biden, D-Del., appear together in Springfield, Ill. (AP Photo/M. Spencer Green, file) In this Sept. 16, 2008 file photo, then Democratic vice presidential candidate Sen. Joe Biden, D-Del. arrives by Amtrak in Wilmington, Del., (AP Photo/Gerald Herbert, File) In this Oct. 2,2008 file photo, Democratic vice presidential candidate Sen. Joe Biden, D-Del., left, and Republican vice presidential candidate Alaska Gov. Sarah Palin face off during the vice presidential debate at Washington University in St. Louis. (AP Photo/Tom Gannam, File) November 4, 2008 - Is elected vice president of the United States. President-elect Barack Obama, left, and Vice President-elect Joe Biden wave to the crowd after Obama's acceptance speech at his election night party at Grant Park in Chicago before giving his acceptance speech Tuesday night, Nov. 4, 2008. (AP Photo/Morry Gash) January 20, 2009 - Is sworn in as vice president of the United States. Vice President Joe Biden, left, with his wife Jill at his side, taking the oath of office from Justice John Paul Stevens at the U.S. Capitol in Washington, Tuesday, Jan. 20, 2009. (AP Photo/Elise Amendola) February 7, 2009 - Delivers his first major speech as vice president at a security conference in Germany. US Vice President Joe Biden addresses the participants of the International Conference on Security Policy, Sicherheitskonferenz, at the hotel "Bayerischer Hof" in Munich, southern Germany, on Saturday, Feb. 7, 2009. September 1, 2010 - Presides over a ceremony in Iraq to formally mark the end of the US combat mission in Iraq. US Vice President Joe Biden, left, US Secretary of Defense Robert Gates, center, and Chairman of the Joint Chiefs Admiral Mike Mullen, right, stand while the US National Anthem is played during the United States Forces-Iraq change of command ceremony in Baghdad on Wednesday Sept. 1, 2010, as a new US military mission in Iraq was launched ending seven years of combat. (AP Photo/Jim Watson Pool) November 6, 2012 - Obama and Biden are reelected, defeating Mitt Romney and Paul Ryan. Vice President Joe Biden exits with his wife Jill Biden after voting at Alexis I. duPont High School, Tuesday, Nov. 6, 2012, in Greenville, Del. (AP Photo/Matt Rourke) Vice President Joe Biden, with his wife Jill Biden, center, holding the Biden Family Bible, shakes hands with Supreme Court Justice Sonia Sotomayor after taking the oath of office during an official ceremony at the Naval Observatory, Sunday, Jan. 20, 2013, in Washington. (AP Photo/Carolyn Kaster) October 2, 2014 - Speaking at the John F. Kennedy School of Government at Harvard University, Biden tells attendees that ISIS has been inadvertently strengthened by actions taken by Turkey, the UAE and other Middle Eastern allies to help opposition groups fighting against Syrian President Bashar al-Assad. In this Thursday, Oct. 2, 2014 file photo, Vice President Joe Biden speaks to students, faculty and staff at Harvard University in Cambridge, Mass. Biden is due to headline a Democratic campaign rally in Las Vegas, with a downtown appearance Monday, Oct. 6, 2014, to talk about raising the minimum wage. (AP Photo/Winslow Townson,File) May 30, 2015 - Biden's eldest son, Beau Biden, passes away from brain cancer at age 46. In this June 6, 2015 file photo, Vice President Joe Biden, accompanied by his family, holds his hand over his heart as he watches an honor guard carry a casket containing the remains of his son, former Delaware Attorney General Beau Biden, into St. Anthony of Padua Roman Catholic Church in Wilmington, Del. for funeral services. Beau Biden died of brain cancer May 30 at age 46. (AP Photo/Patrick Semansky) October 21, 2015 - Says he will not seek the presidency, announcing that the window for a successful campaign "has closed." December 6, 2016 - Doesn't rule out running for president in 2020, saying "I'm not committing not to run. I'm not committing to anything. I learned a long time ago fate has a strange way of intervening." President Barack Obama hugs Vice President Joe Biden as Biden waves at the end Biden's announcement in the Rose Garden of the White House in Washington, Wednesday, Oct. 21, 2015, that he will not run for the presidential nomination. Jill Biden is at right. (AP Photo/Jacquelyn Martin) Vice President Joe Biden pauses between mock swearing in ceremonies in the Old Senate Chamber on Capitol Hill in Washington, Tuesday, Jan. 3, 2017, as the 115th Congress begins. (AP Photo/Alex Brandon) January 12, 2017 - Obama surprises Biden by presenting him the Presidential Medal of Freedom, the nation's highest civilian honor, during a White House ceremony. President Barack Obama presents Vice President Joe Biden with the Presidential Medal of Freedom during a ceremony in the State Dining Room of the White House in Washington, Thursday, Jan. 12, 2017. (AP Photo/Susan Walsh) February 1, 2017 - Biden and his wife, Jill Biden, launch the Biden Foundation, an organization that will work on seven issues: foreign policy; Biden's cancer initiative; community colleges and military families; protecting children; equality; ending violence against women; and strengthening the middle class. February 7, 2017 - Is named the Benjamin Franklin presidential practice professor at the University of Pennsylvania, where he will lead the Penn Biden Center for Diplomacy and Global Engagement. He will also serve as the founding chair of the University of Delaware's Biden Institute, the university announces. March 1, 2017 - Biden receives the Congressional Patriot Award from the Bipartisan Policy Center. He receives the honor in recognition of his work crafting bipartisan legislation with Republicans and Democrats. Former Vice President Joe Biden tucks notes into his jacket after speaking at an event to formally launch the Biden Institute, a research and policy center focused on domestic issues at the University of Delaware, in Newark, Del., Monday, March 13, 2017. (AP Photo/Patrick Semansky) In this March 26, 2019, file photo, former Vice President Joe Biden speaks at the Biden Courage Awards in New York. (AP Photo/Frank Franklin II, File) April 25, 2019 - Announces he is running for president in a campaign video posted to social media. Hours later, the Biden Foundation board chair, Ted Kaufman, announces the immediate suspension of all the organization's operations. Former Vice President and Democratic presidential candidate Joe Biden arrives at the Wilmington train station Thursday April 25, 2019 in Wilmington, Delaware. Biden announced his candidacy for president via video on Thursday morning. (AP Photo/Matt Slocum) In this June 6, 2019, file photo, Democratic presidential candidate former Vice President Joe Biden speaks during the "I Will Vote" fundraising gala in Atlanta. Biden shifted to oppose longstanding restrictions on federal funding of abortion during his remarks. (AP Photo/John Bazemore, File) Democratic presidential candidate, former Vice President Joe Biden signs a copy of his book "Promise Me, Dad" at a campaign rally at Modern Woodmen Park, Sunday, Jan. 5, 2020, in Davenport, Iowa. (AP Photo/Andrew Harnik) Democratic presidential candidate former Vice President Joe Biden speaks at a primary night election rally in Columbia, S.C., Saturday, Feb. 29, 2020 after winning the South Carolina primary. (AP Photo/Gerald Herbert) Democratic presidential candidate former Vice President Joe Biden speaks at a primary night election rally in Columbia, S.C., Saturday, Feb. 29, 2020, after winning the South Carolina primary. (AP Photo/Matt Rourke) Democratic presidential candidate former Vice President Joe Biden speaks at a primary election night campaign rally Tuesday, March 3, 2020, in Los Angeles. (AP Photo/Chris Carlson) August 20, 2020: Joe Biden accepts the Democratic nomination for president Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. (AP Photo/Andrew Harnik) Democratic presidential candidate former Vice President Joe Biden, with Democratic vice presidential candidate Sen. Kamala Harris, D-Calif., raise their arms up as fireworks go off in the background during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. Looking on are Jill Biden, far left, and Harris' husband Doug Emhoff, far right. (AP Photo/Andrew Harnik) President Donald Trump, left, and Democratic presidential candidate former Vice President Joe Biden, right, with moderator Chris Wallace, center, of Fox News during the first presidential debate Tuesday, Sept. 29, 2020, at Case Western University and Cleveland Clinic, in Cleveland, Ohio. (AP Photo/Patrick Semansky) Democratic presidential candidate former Vice President Joe Biden, right, and former President Barack Obama greet each other with an air elbow bump, at the conclusion of rally at Northwestern High School in Flint, Mich., Saturday, Oct. 31, 2020. (AP Photo/Andrew Harnik) Democratic presidential candidate former Vice President Joe Biden arrives to speak at a rally at Belle Isle Casino in Detroit, Mich., Saturday, Oct. 31, 2020, which former President Barack Obama also attended. (AP Photo/Andrew Harnik) President-elect Joe Biden gestures on stage after speaking, Saturday, Nov. 7, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik, Pool) FILE - In this Saturday, Nov. 7, 2020, file photo, from left, Doug Emhoff, husband of Vice President-elect Kamala Harris, Harris, President-elect Joe Biden and his wife, Jill Biden, stand on stage together, in Wilmington, Del. The theme for Biden’s inauguration will be “America United." Unity is an issue that’s long been a central focus for Biden but one that’s taken on added weight in the wake of the violence at the U.S. Capitol. (AP Photo/Andrew Harnik, Pool, File) President-elect Joe Biden announces his climate and energy team nominees and appointees at The Queen Theater in Wilmington Del., Saturday, Dec. 19, 2020. (AP Photo/Carolyn Kaster) President Joe Biden speaks about his domestic agenda from the East Room of the White House in Washington on Oct. 28, 2021. (AP Photo/Susan Walsh) U.S. President Joe Biden, left, shakes hands with Pope Francis as they meet at the Vatican on Oct. 29, 2021. (Vatican Media via AP) President Joe Biden removes his face mask as he arrives in the East Room of the White House to speak about the evacuation of American citizens, their families, special immigrant visa applicants and vulnerable Afghans on Aug. 20, 2021, in Washington. (AP Photo/Manuel Balce Ceneta) Cherelle Griner, wife of WNBA star Brittney Griner, speaks after President Joe Biden announced Brittney Griner's release in a prisoner swap with Russia on Dec. 8, 2022, in the Roosevelt Room of the White House in Washington. Also attending are Secretary of State Antony Blinken, left, and Vice President Kamala Harris. President Joe Biden holds the microphone to Chocolate, the national Thanksgiving turkey, during a pardoning ceremony Nov. 21, 2022, at the White House in Washington. President Joe Biden holds an Atlanta Braves jersey during an event celebrating the Major League Baseball 2021 World Series champion Atlanta Braves in the East Room of the White House on Sept. 26, 2022, in Washington. President Joe Biden receives his COVID-19 booster from a member of the White House medical unit during an event in the South Court Auditorium on the White House campus on Oct. 25, 2022, in Washington. President Joe Biden and first lady Jill Biden arrive to give treats to trick-or-treaters on the South Lawn of the White House, on Halloween on Oct. 31, 2022, in Washington. U.S. President Joe Biden, left, talks with Indonesian President Joko Widodo during their bilateral meeting ahead of the G20 Summit in Nusa Dua, Bali, Indonesia, on Nov. 14, 2022. U.S. President Joe Biden, right, and Chinese President Xi Jinping shake hands before a meeting on the sidelines of the G20 summit meeting Nov. 14, 2022, in Bali, Indonesia. President Joe Biden is greeted by Israeli Prime Minister Benjamin Netanyahu after arriving at Ben Gurion International Airport on Oct. 18, 2023, in Tel Aviv. President Joe Biden speaks from the Oval Office of the White House on Oct. 19, 2023, in Washington, about the war in Israel and Ukraine. President Joe Biden arrives to speak at the Amtrak Bear Maintenance Facility on Nov. 6, 2023, in Bear, Del. President Joe Biden, accompanied by Office of Management and Budget director Shalanda Young, left, and Women's Alzheimer's Movement founder Maria Shriver, right, gives first lady Jill Biden a kiss after giving her the pen he used to sign a presidential memorandum that will establish the first-ever White House Initiative on Women's Health Research in the Oval Office of the White House on Nov. 13, 2023, in Washington. President Joe Biden speaks to reporters in Nantucket, Massachusetts, Sunday, Nov. 26, 2023. President Joe Biden shakes hands with Ukrainian President Volodymyr Zelenskyy as they meet in the Oval Office of the White House on Dec. 12, 2023, in Washington. President Joe Biden arrives to deliver remarks on the economy on June 28, 2023, at the Old Post Office in Chicago. President Joe Biden, right, stands as an Army carry team moves the transfer case containing the remains of U.S. Army Sgt. Kennedy Ladon Sanders, 24, of Waycross, Ga., at Dover Air Force Base, Del., on Feb. 2, 2024. Sanders was killed in a drone attack in Jordan on Jan. 28, 2024. President Joe Biden speaks during the State of the Union address on Capitol Hill on March 7, 2024, in Washington, as Vice President Kamala Harris and House Speaker Mike Johnson listen. Vice President Kamala Harris embraces President Joe Biden after a speech on health care in Raleigh, N.C., on March. 26, 2024. President Joe Biden greets Zion Schrode, 8 months, of Marin County, Calif., as he is held by his mother Erin Schrode during a Jewish American Heritage Month event, on May 20, 2024, in the Rose Garden of the White House in Washington. Kansas City Chiefs coach Andy Reid, left, and CEO Clark Hunt, right, watch as President Joe Biden, center, puts on a Chiefs helmet during an event with the Super Bowl-champion Kansas City Chiefs on the South Lawn of the White House, on May 31, 2024, to celebrate their championship season and victory in Super Bowl LVIII. President Joe Biden and first lady Jill Biden walk in the Normandy American Cemetery following a ceremony to mark the 80th anniversary of D-Day, on June 6, 2024, in Normandy. U.S. President Joe Biden, right, greets Pope Francis ahead of a working session on Artificial Intelligence (AI), Energy, Africa-Mediterranean, on day two of the 50th G7 summit at Borgo Egnazia, southern Italy, on June 14, 2024. President Joe Biden speaks during a campaign event with former President Barack Obama moderated by Jimmy Kimmel at the Peacock Theater on June 15, 2024, in Los Angeles. President Joe Biden, right, and Republican presidential candidate former President Donald Trump, left, participate in a presidential debate hosted by CNN on June 27, 2024, in Atlanta. First lady Jill Biden, President Joe Biden, Vice President Kamala Harris, and second gentleman Douglas Emhoff view the Independence Day firework display over the National Mall from the balcony of the White House, on July 4, 2024, in Washington. President Joe Biden, right, and the Rev. Dr. J. Louis Felton pray at a church service at Mt. Airy Church of God in Christ on July 7, 2024, in Philadelphia. President Joe Biden addresses the nation from the Oval Office of the White House in Washington on July 14, 2024, about the assassination attempt of Republican presidential candidate former President Donald Trump at a campaign rally in Pennsylvania. President Joe Biden pauses as he speaks at the Biden campaign headquarters in Wilmington, Del., on Feb. 3, 2024. President Joe Biden walks on stage to speak during the NAACP national convention July 16, 2024, in Las Vegas. President Joe Biden walks between tombstones as he arrives to attend a mass at St. Joseph on the Brandywine Catholic Church in Wilmington, Del., on July 6, 2024. President Joe Biden and Ukrainian President Volodymyr Zelenskyy depart a news conference in the Indian Treaty Room in the Eisenhower Executive Office Building on the White House Campus on Dec. 12, 2023, in Washington. President Joe Biden speaks during a funeral service for retired Supreme Court Justice Sandra Day O'Connor at the Washington National Cathedral on Dec. 19, 2023, in Washington. O'Connor, an Arizona native and the first woman to serve on the nation's highest court, died Dec. 1, 2023, at age 93. The poll of 1,251 adults was conducted Dec. 5-9, 2024, using a sample drawn from NORC's probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for adults overall is plus or minus 3.7 percentage points. Stay up-to-date on the latest in local and national government and political topics with our newsletter.As we enter the holiday season many young people are no doubt beginning to consider their future options. With a range of paths to pursue, a high rate of youth unemployment in Canada and a higher education sector facing unprecedented challenges it may seem logical to wonder if university is worth it. In my role as president of York University I see these issues play out every day in the lives of my students and faculty. However, I can say with certainty that, yes, university is worth it for both students and society. And while you might think that I might be biased, there is real data to back it up. Simply put, going to university enriches both students and society over the long term. We must ensure that students and universities are supported to help ensure as broad access as possible. While many students entering the market fresh out of university will make entry-level wages, the reality is that over the longer term their earning potential has more room to expand . Those with a bachelor’s degree earn 24 per cent more than the national average. The more education, the higher the earning potential. Students with a university degree are more likely to have stable employment even amidst economic disruption, as the COVID-19 pandemic revealed . Graduates are also more likely to gain employment that offers a wider range of benefits. Simply put, an education increases one’s chances of finding fulfilling employment and living a longer and healthier life. Beyond individual benefits, there are also key benefits to society. Canada relies disproportionately on universities compared to other OECD countries to drive the research and innovation central to a productive and prosperous economy . Further research has shown that education is central to a healthy, democratic society To quote Nelson Mandela: “ education is the most powerful weapon which you can use to change the world .” The world faces a host of wicked problems ranging from economic inequality to climate change, geopolitical conflict and ongoing wars. Universities and graduates play a key role in addressing these challenges. Technology is not going away and it is not slowing down. A recent study revealed that the jobs of more than 60 per cent of Canadians may be at risk to AI . Moreover, an estimated one out of 10 employees in Canada could be at a high risk of automation-related job redundancy. Canada’s already volatile job market will continue to be impacted. Those with higher levels of education are the best equipped to benefit from technologies in ways that complement the work they do . Graduates are also more likely to have the transferable skills needed to withstand workforce disruption. According to the OECD , AI technologies pose less of a risk for highly-skilled workers. In fact, their jobs are less likely to be replaced by automation because they possess the critical thinking skills needed to provide oversight to tasks that use AI and automation. While these technologies are sophisticated and becoming even more so each day, they currently cannot replicate human cognitive, critical and decision-making skills. There is also compelling research that shows students with higher education are more likely to pursue continuing education to upgrade and reskill, a quality that makes students more agile in a shifting labour market. Universities have also been increasing micro-credentials , programs which help learners re-skill while they are holding employment and balancing familial obligations, to support lifelong learning and build a more resilient Canadian workforce. If Canada is to meet the expanding needs of students and of the country then we must invest now in higher education. Access is something I worry deeply about to ensure that we are not leaving any talent behind. Data from the 2017 National Survey of Engagement indicates that 48 per cent of first- and fourth-year undergrad students at York came from households where neither parent held a bachelor’s degree. What’s more, York’s 2020 Economic and Social Impact Report revealed that 59 per cent of students could not have attended university without financial support. Creating accessible educational opportunities for diverse learners to develop responsive skills is critical for a vibrant future workforce and for resilient communities. York and other universities in Canada have a good track record for this. At the same time, social mobility and productivity have been declining in Canada in recent years . Continuing to ensure that eligible students have access to university education including at the graduate level is imperative to address these trends. The significant numbers of Canadian students leaving the country to study medicine overseas while Canada is facing a significant gap in primary care physicians is just one example . These are troubling trends which Canadian universities are committed to addressing. While the commitment and innovation of universities is evident, the unfortunate truth is that universities across much of Canada have seen a steady decline in real dollar funding for years. In Ontario, recommendations from the government’s blue-ribbon panel strongly advocated for the urgent increase in financial support for universities . To meet the changes in Canada’s labour market, universities have developed new programs to meet the talent needs in areas such as science, technology, engineering and health . We have also worked to enhance access through flexible teaching formats and strengthened international and cross-sector research collaborations to tackle complex societal problems . Universities have also increased supports for students including activities to help them connect with careers and become more entrepreneurial and efficient . In short, universities in Canada are one of the country’s most important assets. If we are to continue delivering the high-quality education for which we are known and serving the needs of the communities who rely on us, especially given fierce global competition for talent, it is essential that we secure a financially sustainable model for universities. Canada’s high youth unemployment has many people anxious about how they will fare in a job market that bears a striking resemblance to the Hunger Games. Expanding employment opportunities is necessary and will require collaboration across all sectors. But the data are clear. A university education will provide our youth with a running start and the ability to adapt as they go. Rhonda Lenton is chair of the Council of Ontario Universities.ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament as well as the 2030 World Cup, which will be co-hosted by Spain, Portugal and Morocco, with three games in South America. Here are some of the key issues that need to be answered over the next decade: Saudi Arabia proposes 15 stadiums — eight still on paper — in five cities: Eight in the capital Riyadh, four in the Red Sea port city Jeddah, and one each in Abha, Al Khobar and Neom, the planned futuristic mega-project. Each would have at least 40,000 seats for World Cup games. The opening game and final are set for a 92,000-seat venue planned in Riyadh. Some designs are vivid . In Neom, the stadium is planned 350 meters (yards) above street level and one near Riyadh is designed to be atop a 200-meter cliff with a retractable wall of LED screens. Saudi Arabia aims to host all 104 games, though there has been speculation that some games could be played in neighboring or nearby countries. Surely not in the traditional World Cup period of June-July, when temperatures in Saudi Arabia routinely exceed 40 Celsius (104 degrees). FIFA moved the Qatar-hosted World Cup to November-December 2022, though those dates were not loved by most European clubs and leagues whose seasons were interrupted. Also, that slot is complicated in 2034 by the holy month of Ramadan through mid-December and Riyadh hosting the multi-sport Asian Games. January 2034 could be a possibility even though that would be just before the Winter Olympics in Salt Lake City. The International Olympic Committee has signaled it won’t be opposed to back-to-back major events. In an interview with The Associated Press on Wednesday, Saudi World Cup bid official Hammad Albalawi said the precise dates of the tournament are up the world soccer body. “That’s a decision by FIFA. We stand ready to be part of this conversation. But ultimately it’s a FIFA decision together with the confederations,” Albalawi said. Giving more rights and freedoms to women in a traditionally conservative society is fundamental to Saudi messaging around the modernization program known as Vision 2030. The kingdom decided in 2017 to let women attend sports events, initially in major cities and in family zones separate from men-only sections. By 2034, at the promised pace of social reforms, female fans should not be restricted. Saudi Arabia launched a women’s professional soccer league in 2022 with players joining from clubs in Europe. They face no restrictions playing in shorts and with hair uncovered. The Saudi prohibition of alcohol is clear and understood before FIFA signs any sponsor deals for 2034. But will there be any exceptions? The alcohol issue was problematic for the World Cup in Qatar because the expectation was created that beer sales would be allowed at stadiums even before Qatar won its bid in 2010. One year later, FIFA extended a long-time deal to have Budweiser as the official World Cup beer through 2022. Qatar then backtracked on that promise three days before the first game, causing confusion and the sense of a promise broken. In Qatar, alcohol was served only at luxury suites at the stadiums. Visitors could also have a drink in some hotel bars. But Saudi Arabia has even stricter rules on alcohol — and there is no indication that will change. Albalawi noted that Saudi Arabia has successfully hosted dozens of sports events where alcohol wasn't served. “We’re creating a safe and secure family environment for fans to bring their families into our stadiums,” he said. Saudi promises to reform and enforce labor laws, and fully respect migrant workers, have been accepted by FIFA but face broad skepticism from rights groups and trade unions. A formal complaint is being investigated by the U.N.-backed International Labor Organization. Protecting the migrant workers needed to build stadiums and other tournament projects — a decade after it was a defining issue for Qatar — looms as a signature challenge for Saudi Arabia. Saudi-Israeli relations had been improving when FIFA all but gave the 2034 World Cup to the kingdom on Oct. 4 last year. Three days later Hamas attacked Israel and diplomacy got more complicated. Any soccer federation bidding to host a FIFA tournament accepts a basic principle that whichever team qualifies is welcome. That did not stop Indonesia putting up barriers last year to Israel coming for the men’s Under-20 World Cup. Indonesia does not have formal diplomatic relations with Israel which had qualified through a European tournament nine months before the issue flared. FIFA moved the entire tournament to Argentina and the Israeli team reached the semifinals. Israel played at the 1970 World Cup but has never advanced through qualifying in Europe, where it has been a member of UEFA for 30 years. Europe should have 16 places in the 48-team World Cup in Saudi Arabia. Most of the attention at the FIFA Congress on Wednesday was on the Saudi decision, but the soccer body and its members also formally approved the hosts of the 2030 World Cup — the most spread out and longest ever. One game each in Argentina, Paraguay and Uruguay, the original host in 1930, will be played from June 8-9. The tournament resumes four days later for the other 101 games shared between Spain, Portugal and Morocco. Six countries, three continents, multiple languages and currencies. Fans traveling on planes, trains, automobiles and boats across about 14 kilometers (10 miles) of water between Spain and Morocco. The final is due on July 21, 2030 and a decision on where it will be played could cause some tension between the host countries. Morocco wants it in the world’s biggest soccer venue — the planned 115,000-seat King Hassan II Stadium in Casablanca. Spain, meanwhile, has proposed to host the final in either of the remodeled home stadiums of club giants Real Madrid or Barcelona. Associated Press writer Baraa Anwer in Riyadh, Saudi Arabia, contributed to this report.Stingy Devils open home-and-home with Hurricanes

WASHINGTON — President Joe Biden’s administration is urging Ukraine to quickly increase the size of its military by drafting more troops and revamping its mobilization laws to allow for the conscription of troops as young as 18. A senior Biden administration official, who spoke on the condition of anonymity to discuss the private consultations, said Wednesday that the outgoing Democratic administration wants Ukraine to lower the mobilization age to 18 from the current age of 25 to help expand the pool of fighting-age men available to help a badly outnumbered Ukraine in its nearly three-year-old war with Russia. The official said “the pure math” of Ukraine’s situation now is that it needs more troops in the fight. The White House has pushed more than $56 billion in security assistance to Ukraine since the start of Russia’s February 2022 invasion and expects to send billions more to Kyiv before Biden leaves office in less than months. But with time running out, the Biden White House is also sharpening its viewpoint that Ukraine has the weaponry it needs and now must dramatically increase its troop levels if it’s going to stay in the fight with Russia. The official said the Ukrainians believe they need about 160,000 additional troops, but the U.S. administration believes they probably will need more than that. More than 1 million Ukrainians are now in uniform, including National Guard and other units. Ukrainian President Volodymyr Zelenskyy has also been hearing concerns from allies in other Western capitals that Ukraine has a troop level problem and not an arms problem, according to European officials who requested anonymity to discuss the sensitive diplomatic conversations. The European allies have also stressed that the lack of depth means that it may soon become untenable for Ukraine to continue to operate in Russia’s Kursk border region that Ukraine seized this year. The situation in Kursk has become further complicated by the arrival of thousands of North Korean troops who have come to help Moscow try to claw back the land. The stepped-up push on Ukraine to strengthen its fighting ranks also comes as Ukraine braces for President-elect Donald Trump to take office on Jan. 20. The Republican said he would bring about a swift end to the war and has raised uncertainty about whether his administration would continue the vital U.S. military support for Ukraine. “There are no easy answers to Ukraine’s serious manpower shortage, but lowering the draft age would help,” said Bradley Bowman, senior director of the Center on Military and Political Power at the Foundation for the Defense of Democracies. “These are obviously difficult decisions for a government and society that has already endured so much due to Russia’s invasion.” Ukraine has taken steps to broaden the pool of draft-eligible men, but the efforts have only scratched the surface against a much larger Russian military. In April, Ukraine’s parliament passed a series of laws, including lowering its draft-eligible age for men from 27 to 25, aimed at broadening the universe of men who could be called on to join the grinding war. Those laws also did away with some draft exemptions and created an online registry for recruits. They were expected to add about 50,000 troops, far short of what Zelenskyy said at the time was needed. Conscription has been a sensitive matter in Ukraine throughout the war. Russia’s own problems with adequate troop levels and planning early in the war prevented Moscow from taking full advantage of its edge. But the tide has shifted and the U.S. says the Ukrainian shortage can no longer be overlooked. Some Ukrainians have expressed worry that further lowering the minimum conscription age and taking more young adults out of the workforce could backfire by further harming the war-ravaged economy. The official added that the administration believes that Ukraine can also optimize its current force by more aggressively dealing with soldiers who desert or go absent without leave.

WASHINGTON, D.C. — The U.S. Department of Agriculture (USDA) has just unveiled its last major push to aid distressed farm loan borrowers, announcing nearly $300 million in financial assistance as part of the Inflation Reduction Act. This isn’t just another round of payouts—it’s the grand finale of a program that has already helped thousands of farmers keep their land, their livelihoods, and their futures intact. Over the past two years, the USDA has delivered an impressive $2.5 billion in relief to more than 47,800 struggling agricultural producers. This latest funding aims to stabilize an additional 12,800 farmers in one final life-saving effort. “USDA has always been committed to standing by our nation’s farmers and ranchers, especially in their most challenging times,” said Agriculture Secretary Tom Vilsack. “The final round of payments announced under President Biden’s Inflation Reduction Act provides much-needed relief to more than 12,800 producers, helping them stay on their land and continue farming. At USDA, we are not only addressing immediate financial challenges but also working every day to build a stronger, more supportive loan system that ensures farmers have the tools they need to succeed now and into the future.” For many, this announcement couldn’t come soon enough. Thousands of farmers nationwide have faced mounting pressure from climate challenges, volatile markets, and rising operational costs—piling debt they couldn’t climb out of. The funds help pay off outstanding farm loans, cover delinquent debts, and extend lifelines to those at risk of losing it all. For these farmers, the message is clear: USDA isn’t just stepping in to help—it’s staking its future on theirs. This final installment doesn’t come as a one-size-fits-all solution. Instead, it tackles the diverse and complex challenges of America’s farming community. Structured into categories, the assistance ensures that every dollar goes where it’s needed most, offering tailored solutions to borrowers with a variety of needs. Here’s what this $300 million package delivers to farmers across the country: $168.5 million to pay off outstanding overdue balances for direct loan borrowers delinquent as of November 30, 2024, and for guaranteed loan borrowers flagged for liquidation. $67.3 million to cover the next installment on Farm Loan Program direct loans for borrowers who already received prior assistance. $35 million in installment payments on loans for farmers who recently restructured their debts. $9 million to knock out direct Emergency Loan balances. $4.1 million to address emergency and protective advances on both direct and guaranteed loans. Additional funds for overdue interest, non-capitalized interest payments, and specific loan programs like Economic Emergency loans bring the plan full circle. For distressed farmers who are currently in bankruptcy, USDA promises customized, case-by-case solutions to help them take part in this vital initiative. Here’s the reality behind these numbers. For countless farmers, the stakes couldn’t be higher. When farmers lose their land, it’s not just their families who suffer—it’s the entire agricultural supply chain. Farms feed America. They stabilize rural economies. They keep grocery store shelves stocked. The ripple effect of failure in agriculture spans from small towns to global markets. This assistance ensures farmers have the breathing room they need to keep planting fields and raising livestock. And it’s not just about survival—it’s about progress. By helping distressed borrowers restructure their debts and gain access to financial tools for recovery, the USDA is promoting long-term resilience, not just short-term fixes. This program under the Inflation Reduction Act isn’t just money on paper—it reflects a broader shift in how USDA approaches farm lending. For years, many farmers viewed loan systems as inaccessible or even detrimental to their survival as they struggled to keep up with repayments during downturns. But programs like this aim to reform that narrative. They focus on proactive resilience-building, offering safety nets for the farmers who need it most. While this $300 million might signal the program’s end, its impact will echo for years. By erasing debts, funding restructures, and easing loan conditions, USDA has set a precedent for modern agricultural support systems. Farmers know now that failing financially doesn’t mean being abandoned. USDA is rewriting what it means to stand by rural America, and that trust could prove invaluable the next time farmers need a hand. The Inflation Reduction Act was hailed as a flagship achievement of the Biden Administration, and the nearly $2.5 billion devoted to assisting farmers is one of its crowning jewels. The program helped not only stabilize troubled farms but preserve the cultural and economic fabric of rural America. From small family farms to mid-sized operations fighting tooth and nail to stay competitive, this assistance turned doubt into hope for tens of thousands. Looking forward, USDA is signaling its commitment to ongoing improvements in its loan systems. While this chapter closes, it highlights an unwavering mission to make farming a sustainable livelihood. The Inflation Reduction Act laid the foundation, but the hard work of making lasting change starts now. With more than 12,800 farmers set to benefit from this final round, the future suddenly looks brighter for many who thought they were out of options. This isn’t just an investment in loans—it’s an investment in people, traditions, and the industries that feed America. It’s a reminder that no matter how steep the challenges, the country hasn’t forgotten the hands that sow, tend, and harvest its sustenance. If USDA follows through on its evolving mission, initiatives like this won’t just be emergency lifelines—they’ll become essential instruments for ensuring one of the country’s most vital industries thrives. For America’s farmers, that reassurance couldn’t come at a more critical time. With this final $300 million infusion, the USDA has done more than relieve debt—it’s helped secure a future where farmers can focus on what they do best, with fewer worries weighing them down. For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .

Commanders' Jayden Daniels Breaks Robert Griffin III's NFL Rookie QB Rushing RecordPresident-elect Donald Trump has been very vocal about planning a mass restructuring of the federal government, with plans to downsize several federal agencies. There is one department that he would like to eliminate completely: the Department of Education. Local and state governments typically establish educational policies and curriculums, but the federal Education Department still plays an important role. It is responsible for administering federal grant programs such as Title I, which provides supplemental funding to high-poverty K-12 schools and the program that helps cover the cost of education for students with disabilities. It also oversees the federal student loan program and enforces civil rights laws that bar discrimination at school. While campaigning, Trump promised to "cut federal funding for any school or program pushing critical race theory, gender ideology or other inappropriate racial, sexual or political content on our children," to "keep men out of women's sports," and to "find and remove the radicals who have infiltrated the federal Department of Education." But could he actually eliminate the department? And what happens if he does? What did the commentators say? "Trump cannot eliminate the agency on his own," said The Washington Post. It would require congressional approval and a supermajority of 60 votes in the Senate . "Politically, this would be difficult, if not impossible," with potential opposition from both parties. If he successfully shuttered the Education Department, it would "surely have symbolic impact." Without it, a Cabinet member would no longer be "focused solely on education issues and empowered to speak to Americans about the challenges schools face." That would make it harder for the federal government to "elevate education issues or press for change in schools." Beyond that, the impact would largely depend on "how Congress restructured the work of the department." If Trump were genuinely concerned about K-12 education, he would "make a bold move right now to help public schools," Jessica Grose said at The New York Times . While a small portion of public school funding comes from the federal government, the "problems we face are so large that they are crying out for a federal response that includes continued funding for things like high-dosage tutoring to ameliorate Covid learning loss." Unfortunately, his first term offers "scant evidence that he has the desire to do much more than wage painful culture-war battles." What Trump will undoubtedly do is "pick splashy fights that he can win through executive orders," said Grose. For instance, he will most likely "reverse the transgender student protections put in place by an executive order from Biden this year." Though it is "pretty unclear how that would play out in practice," it is "certainly chilling." Eliminating the agency is not the same as "eliminating the myriad programs that it runs, billions that it sends out, and multitudinous regulations that it enforces (mostly pursuant to laws enacted by Congress)," Chester Finn Jr., president emeritus of the Thomas B. Fordham Institute, said to the Washington Examiner . "Undoing those functions, programs, activities means dealing separately with the laws that created them — dozens and dozens." If the department is disbanded but its functions are not, it would be a "mostly symbolic act" akin to simply "taking the name off the door." What next? Trump has been swiftly tapping people for his Cabinet picks since his election, and with Trump's plans for eliminating the DOE looming, the "next Education secretary could also be the last," said The Hill . Several names were floated as potential candidates, including Ryan Walters and Cade Brumley, the state superintendents of Oklahoma and Louisiana , respectively, and Tiffany Justice, the co-founder of Moms for Liberty . Ultimately, Trump selected Linda McMahon to head the Department of Education. She is best known for building the professional wrestling company WWE alongside her husband. During Trump's first term, he tapped her to run the Small Business Administration. Like many of his choices, McMahon's nomination was not well received by critics. Selecting her shows that Trump "could not care less about our students' futures," Becky Pringle, the president of the National Education Association , said in a statement. "Our students and our nation deserve so much better than Betsy DeVos 2.0."Reiterates Commitment to Investing in America to Lower Grocery Prices, Raise Associate Wages, and Support Local Communities Highlights Resilience of Value Creation Model and Strong Momentum to Drive Long-term, Sustainable Growth Board of Directors Authorizes $7.5B Share Repurchase Program including $5B Accelerated Share Repurchase CINCINNATI , Dec. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today terminated its merger agreement with Albertsons after the U.S. District Court for the District of Oregon granted the Federal Trade Commission's request for a preliminary injunction to block the proposed merger. After reviewing options, the company determined it is no longer in its best interests to pursue the merger. "Kroger is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel experiences to our customers which powers our value creation model. We look forward to accelerating our flywheel to grow our alternative profit businesses and generate increased cash flows. The strength of our balance sheet and sustainability of our model allows us to pursue a variety of growth opportunities, including further investment in our store network through new stores and remodels, which will be an important part of our 8 – 11% TSR model over time," said Rodney McMullen , Kroger's Chairman and CEO. America's Grocer is Committed to Lowering Grocery Prices & Investing in Associates "Kroger has an extraordinary track record of investing in America," said McMullen. "We are at our best when we serve others – our customers, associates, and communities – and we take seriously our responsibility to provide great value by consistently lowering prices and offering more choices. When we do this, more customers shop with us and buy more groceries, which allows us to reinvest in even lower prices, a better shopping experience and higher wages. We know this model works because we've been doing it successfully for many years, and this is exactly what we will continue to do." Kroger's ongoing investments in America include: "I appreciate our associates who remained focused on taking care of our customers, communities and each other throughout the merger process," added McMullen. Share Repurchase Program Including Accelerated Share Repurchases Now that Kroger has terminated the merger agreement, the company is ready to deploy its capacity. With its strengthened balance sheet, Kroger will resume share repurchases after a more than two-year pause. Since announcing the merger, Kroger used its strong free cash flow and debt financing to build meaningful balance sheet capacity while maintaining its investment-grade rating. Kroger's Board of Directors approved a new share repurchase program authorizing the repurchase of up to $7.5 billion of common stock. The new repurchase authorization replaces Kroger's existing $1 billion authorization which was approved in September 2022 . Kroger intends to enter an accelerated share repurchase ("ASR") agreement for the repurchase of approximately $5 billion of common stock. "Our strong balance sheet and free cash flows position us to deliver on our commitment to grow the business and return capital to shareholders, maintaining capacity to invest in lower prices and higher associate wages," McMullen said. Kroger expects to continue to generate strong free cash flow and remains committed to its capital allocation priorities including maintaining its current investment grade debt rating, investing in the business to drive long-term sustainable net earnings growth, and returning excess free cash flow to shareholders via share repurchases and a growing dividend over time, subject to board approval. Looking forward, Kroger plans to host an Investor Day event in late spring of 2025 to share an update on its strategic priorities, future growth prospects and long-term financial outlook. Merger Debt Redemption In connection with the termination of the merger agreement, Kroger will begin the process of redeeming the $4.7 billion of its senior notes issued on August 27, 2024 , that include a special mandatory redemption provision in accordance with their terms. The notes will be redeemed at a redemption price equal to 101% of their principal amount, plus accrued and unpaid interest to, but excluding, the special mandatory redemption date. Termination of Exchange Offers In connection with the termination of the merger agreement, Kroger has also elected to terminate its previously announced offers to exchange (collectively, the "Exchange Offers") any and all outstanding notes (the "ACI Notes") issued by Albertsons Companies, Inc., New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC (collectively, the "ACI Issuing Entities"), for up to $7,441,608,000 aggregate principal amount of new notes to be issued by Kroger and cash. Kroger has also elected to terminate the related solicitation of consents (the "Consent Solicitation" and, together with the Exchange Offer, the "Exchange Offer and Consent Solicitation") on behalf of the ACI Issuing Entities to adopt certain proposed amendments to the indentures governing the ACI Notes (the "ACI Indentures"). As a result of the Exchange Offer being terminated, the total consideration, including any consent fee, will not be paid or become payable to holders of the ACI Notes who have validly tendered and not validly withdrawn their ACI Notes for exchange in the Exchange Offer, and the ACI Notes validly tendered and not validly withdrawn for exchange pursuant to the Exchange Offer will be promptly returned to the tendering holders. As a result of the Consent Solicitation being terminated, the proposed amendments to the ACI Indentures and the supplemental indentures previously entered into reflecting such proposed amendments will not become operative. About the Exchange Offers Global Bondholder Services Corporation served as exchange agent and information agent for the now terminated Exchange Offer and Consent Solicitation. You should direct questions and requests for assistance to Global Bondholder Services Corporation at (855) 654-2015 (toll-free) or (212) 430-3774 (banks and brokers), or by email at contact@gbsc-usa.com . About Kroger At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: to Feed the Human SpiritTM. We are, across our family of companies nearly 414,000 associates who serve over eleven million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names , serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site. Forward Looking Statements This press release contains certain statements that constitute "forward-looking statements" about Kroger's financial position and the future performance of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as "achieve," "committed," "confidence," "continue," "deliver," "expect," "future," "guidance," "model," "outlook," "strategy," "target," "trends," "well-positioned," and variations of such words and similar phrases. Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings, as well as the following: Kroger's ability to achieve sales, earnings, incremental FIFO operating profit, and adjusted free cash flow goals may be affected by: the termination of the merger agreement and our proposed transaction with Albertsons and related divestiture plan; labor negotiations; potential work stoppages; changes in the unemployment rate; pressures in the labor market; changes in government-funded benefit programs; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, and the aggressiveness of that competition; Kroger's response to these actions; the state of the economy, including interest rates, the inflationary, disinflationary and/or deflationary trends and such trends in certain commodities, products and/or operating costs; the geopolitical environment including wars and conflicts; unstable political situations and social unrest; changes in tariffs; the effect that fuel costs have on consumer spending; volatility of fuel margins; manufacturing commodity costs; supply constraints; diesel fuel costs related to Kroger's logistics operations; trends in consumer spending; the extent to which Kroger's customers exercise caution in their purchasing in response to economic conditions; the uncertainty of economic growth or recession; stock repurchases; changes in the regulatory environment in which Kroger operates, along with changes in federal policy and at regulatory agencies; Kroger's ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute our growth strategy and value creation model, including continued cost savings, growth of our alternative profit businesses, and our ability to better serve our customers and to generate customer loyalty and sustainable growth through our strategic pillars of fresh, our brands, personalization, and seamless; the successful integration of merged companies and new strategic collaborations; and the risks relating to or arising from our proposed nationwide opioid litigation settlement, including our ability to finalize and effectuate the settlement, the scope and coverage of the ultimate settlement and the expected financial or other impacts that could result from the settlement. Our ability to achieve these goals may also be affected by our ability to manage the factors identified above. Our ability to execute our financial strategy may be affected by our ability to generate cash flow. Kroger assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Kroger's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. View original content to download multimedia: https://www.prnewswire.com/news-releases/kroger-reiterates-its-commitment-to-lower-prices-and-initiates-new-7-5b-share-buyback-program-302329493.html SOURCE The Kroger Co.