Resolution of Non-Compliance with the NYSE Rules

PHOENIX (AP) — Arizona Attorney General Kris Mayes announced Wednesday she's suing a Saudi Arabian agribusiness for allegedly violating a public nuisance law, contending that its groundwater pumping threatens the public health, safety and infrastructure of local communities in a rural western county. The complaint filed in Maricopa County Superior Court alleges that the pumping at a Fondomonte Arizona, LLC. alfalfa farm has had widespread effects in the Ranegras Plain Basin of La Paz County, harming everyone who depends on basin water by drawing down supplies, drying up wells and causing the ground to crack and sink in some areas. The lawsuit is the latest action by Arizona against foreign companies that use huge amounts of groundwater to grow thirsty forage crops for export because of climate challenges in other countries. Rural Arizona is especially attractive to international businesses because it has no groundwater pumping regulations. The lawsuit alleges that since 2014, Fondomonte has extracted huge amounts of water that accelerated depletion of the basin’s aquifer. The company is a subsidiary of Saudi dairy giant Almarai Co. “We find the allegations of the Attorney General totally unfounded, and we will defend any potential action against Fondomonte and our rights vigorously before the competent authorities,” Fondomonte said in a statement Wednesday. “The company has invested significantly to bring the latest conservation technology and applies environmentally sustainable practices on these long-established farms,” it said. “Fondomonte has continued to develop responsibly during its time farming in the state and the company complies with all state regulations. ” Years of drought have increased pressure on water users across the West, particularly in states like Arizona, which relies heavily on the dwindling Colorado River. The drought has also made groundwater — long used by farmers and rural residents without restriction — even more important for users across the state. Mayes told reporters Wednesday that the Arizona Legislature has done nothing to fix the groundwater problem despite knowing about the problem for years. “While laws regulating groundwater pumping could have prevented this situation, the legislature’s inaction has allowed the crisis to grow,” Mayes said. “When the legislature fails to protect our most basic resources, the attorney general must step in.” La Paz County Supervisor Holly Irwin, a Republican, commended Mayes, a Democrat, for attempting to address what she described as her community’s “most challenging” concern. “I know that my constituents will be thrilled over this, that somebody is actually paying attention to the real problems here,” Irwin said during Wednesday’s news briefing via a video conference call. Mayes' lawsuit alleges that Fondomonte's actions are a public nuisance under a state statute that prohibits activity that injures health, obstructs property use, or interferes with the comfortable enjoyment of life or property by a community. Mayes called the company’s groundwater pumping “unsustainable” and said it caused “devastating consequences” for people in the area. “Arizona law is clear: no company has the right to endanger an entire community’s health and safety for its own gain,” she said. The lawsuit seeks to enjoin the company from further groundwater pumping it says is “excessive” and require that an abatement fund be established. Arizona officials have been targeting Fondomonte for more than a year over its use of groundwater to grow forage crops, by not renewing or canceling the company's leases in Butler Valley in western Arizona. Some residents there had complained that the company’s pumping was threatening their wells. Gabriel Sandoval is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.Former US president Jimmy Carter has died aged 100. (Neil Hall/PA). The King and the Prime Minister have paid tribute to Jimmy Carter following the former US president’s death on Sunday aged 100. In a message to the American people, the King expressed “great sadness” at the news of Mr Carter’s death, describing him as “a committed public servant” who “devoted his life to promoting peace and human rights”. He added: “His dedication and humility served as an inspiration to many, and I remember with great fondness his visit to the United Kingdom in 1977. “My thoughts and prayers are with President Carter’s family and the American people at this time.” Mr Carter, a former peanut farmer, served one term in the White House between 1977 and 1981 and spent his post-presidency years as a global humanitarian, winning the Nobel Peace Prize in 2002. Jimmy Carter made a state visit to the UK in 1977 and received a private congratulatory message from the King on his 100th birthday. (PA) Sir Keir Starmer said Mr Carter had “lived his values in the service of others to the very end” through “decades of selfless public service”. Praising a “lifelong dedication to peace” that saw him win the Nobel Peace Prize in 2002, Sir Keir added: “Motivated by his strong faith and values, President Carter redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad.” Tributes to Mr Carter followed the announcement of his death by his family on Sunday, more than a year after he decided to enter hospice care. His son, Chip Carter, said: “My father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love.” We need your consent to load this Social Media content. We use a number of different Social Media outlets to manage extra content that can set cookies on your device and collect data about your activity. US President Joe Biden, one of the first elected politicians to endorse Mr Carter’s bid for the presidency in 1976, said the world had “lost an extraordinary leader, statesman and humanitarian”. He said: “Over six decades, we had the honour of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. “With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us.” Other UK politicians also paid tribute to Mr Carter. Liberal Democrat leader Sir Ed Davey said he was “an inspiration” who “led a truly remarkable life dedicated to public service with a genuine care for people”. Scottish First Minister John Swinney described the former president as “a good, decent, honest man who strove for peace in all that he did”, while Welsh First Minister said he was “a remarkable man” and “a humanitarian and scholar”. Former prime minister Sir Tony Blair said Mr Carter’s “life was a testament to public service”. He added: “I always had the greatest respect for him, his spirit and his dedication. He fundamentally cared and consistently toiled to help those in need.” Mr Carter is expected to receive a state funeral featuring public observances in Atlanta, Georgia, and Washington DC before being buried in his hometown of Plains, Georgia. Jimmy Carter’s presidency was characterised by troubles at home and abroad, including the 444-day hostage crisis at the US embassy in Tehran, but was also marked by the conclusion of the Camp David Accords between Egypt and Israel. (AP) A moderate democrat born in Plains in October 1924, Mr Carter’s political career took him from the Georgia state senate to the state governorship and, finally, the White House, where he took office as 39th president in the wake of the Watergate scandal and the Vietnam War. His presidency saw economic disruption amid volatile oil prices, along with social tensions at home and challenges abroad including the Iranian revolution that sparked a 444-day hostage crisis at the US embassy in Tehran. But he also brokered the Camp David Accords between Egypt and Israel, which led to a peace treaty between the two countries in 1979. After his defeat in the 1980 presidential election, he worked more than four decades leading The Carter Centre, which he and his late wife Rosalynn co-founded in 1982 to “wage peace, fight disease, and build hope”. Under his leadership, the Carter Center virtually eliminated Guinea Worm disease, which has gone from affecting 3.5 million people in Africa and Asia in 1986 to just 14 in 2023. Mrs Carter, who died last year aged 96, had played a more active role in her husband’s presidency than previous first ladies, with Mr Carter saying she had been “my equal partner in everything I ever accomplished”. Earlier this year, on his 100th birthday, Mr Carter received a private congratulatory message from the King, expressing admiration for his life of public service

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A pop-up spinning wheel offers the chance to win a coupon. Rotating captions warn that a less than $2 camouflage print balaclava and a $1.23 skeleton hand back scratcher are “Almost sold out.” A flame symbol indicates a $9.69 plush cat print hoodie is selling fast. A timed-down selection of discounted items adds to the sense of urgency. Welcome to the new online world of impulse buying, a place of guilty pleasures where the selection is vast, every day is Cyber Monday, and an instant dopamine hit is always just a click away. By all accounts, we’re living in an accelerating age for consumerism, one that Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, its fierce rival , supercharged with social media savvy and an interminable assortment of cheap goods, most shipped directly from merchants in China based on real-time demand. The business models of the two platforms, coupled with avalanches of digital or influencer advertising, have enabled them to give Western retailers a run for their money this holiday shopping season. Software company Salesforce said it expects roughly one in five online purchases in the U.S., the United Kingdom, Australia and Canada to be made through four online marketplaces based or founded in Asia: Shein, Temu, TikTok Shop — the e-commerce arm of video-sharing platform TikTok — and AliExpress. Analysts with Salesforce said they are expected to pull in roughly $160 billion in global sales outside of China. Most of the sales will go to Temu and Shein, a privately held company which is thought to lead the worldwide fast fashion market in revenue. Lisa Xiaoli Neville, a nonprofit manager who lives in Los Angeles, is sold on Shein. The bedroom of her home is stocked with jeans, shoes, press-on nails and other items from the ultra-fast fashion retailer, all of which she amassed after getting on the platform to buy a $2 pair of earrings she saw in a Facebook ad. Neville, 46, estimates she spends at least $75 a month on products from Shein. A $2 eggshell opener, a portable apple peeler and an apple corer, both costing less than $5, are among the quirky, single-use kitchen tools taking up drawer space. She acknowledges she doesn’t need them because she “doesn’t even cook like that.” Plus, she’s allergic to apples. “I won’t eat apples. It will kill me,” Neville said, laughing. “But I still want the coring thing.” Shein, now based in Singapore, uses some of the same web design features as Temu’s, such as pop-up coupons and ads, to persuade shoppers to keep clicking, but it appears a bit more restrained in its approach. Shein primarily targets young women through partnerships with social media influencers. Searching the company's name on video platforms turns up creators promoting Shein's Black Friday sales event and displaying the dozens of of trendy clothes and accessories they got for comparatively little money. But the Shein-focused content also includes videos of TikTokers saying they're embarrassed to admit they shopped there and critics lashing out at fans for not taking into account the environmental harms or potential labor abuses associated with products that are churned out and shipped worldwide at a speedy pace. Neville has already picked out holiday gifts for family and friends from the site. Most of the products in her online cart cost under $10, including graphic T-shirts she intends to buy for her son and jeans and loafers for her daughter. All told, she plans to spend about $200 on gifts, significantly less than $500 she used to shell out at other stores in prior years. “The visuals just make you want to spend more money,” she said, referring to the clothes on Shein's site. “They're very cheap and everything is just so cute.” Unlike Shein, Temu's appeal cuts across age groups and gender. The platform is the world’s second most-visited online shopping site, software company Similarweb reported in September. Customers go there looking for practical items like doormats and silly products like a whiskey flask shaped like a vintage cellphone from the 1990s. Temu advertised Black Friday bargains for some items at upwards of 70% off the recommended retail price. Making a purchase can quickly result in receiving dozens of emails offering free giveaways. The caveat: customers have to buy more products. Despite their rise, Temu and Shein have proven particularly ripe for pushback. Last year, a coalition of unnamed brands and organizations launched a campaign to oppose Shein in Washington. U.S. lawmakers also have raised the possibility that Temu is allowing goods made with forced labor to enter the country. More recently, the Biden administration put forward rules that would crack down on a trade rule known as the de minimis exception, which has allowed a lot of cheap products to come into the U.S. duty-free. President-elect Donald Trump is expected to slap high tariffs on goods from China, a move that would likely raise prices across the retail world. Both Shein and Temu have set up warehouses in the U.S. to speed up delivery times and help them better compete with Amazon, which is trying to erode their price advantage through a new storefront that also ships products directly from China.

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The Rise, Fall, and Future of Intel: What Went Wrong?

Olivia Olson scored 18 points, including eight straight to open the fourth quarter, as the No. 23 Michigan Wolverines survived a 60-54 scare from the Northwestern Wildcats in the Big Ten opener for each team in Ann Arbor, Mich. Northwestern (4-4, 0-1 Big Ten) led throughout the third quarter and took a four-point lead into the fourth, but Olson capped her 8-0 burst with a 3-pointer, and Syla Swords also nailed a trey to put the Wolverines (8-1, 1-0) ahead 50-44. Michigan has won eight straight games since opening the season with a six-point loss to then-No. 1 South Carolina. Caileigh Walsh's 3-pointer put the Wildcats back in front 53-52 with 3:36 to go. Michigan responded by scoring eight of the game's last nine points, six by Jordan Hobbs. Hobbs finished with 16 points and teammate Mila Holloway had 10. Kyla Jones led Northwestern with 14 points and Walsh notched 10 before fouling out. No. 4 Texas 93, James Madison 62 Madison Booker, Jordan Lee and Rori Harmon dominated the first half as the Longhorns clobbered the host Dukes in Harrisonburg, Va. Booker scored 21 points, Lee added 20 and Harmon 19 by combining on 25-of-33 shooting. They had 49 of their points in the first half as Texas (7-1) piled up a 58-29 halftime lead. The Longhorns, who entered seventh in the nation in scoring at 90 points per game, shot 54 percent for the game to 40 percent for the Dukes. Roshala Scott led James Madison (7-3) with 22 points and Peyton McDaniel and Ashanti Barnes had 12 apiece. McDaniel added eight rebounds for the Dukes, who had 24 turnovers. No. 10 Notre Dame 93, Syracuse 62 The Fighting Irish pulled away from a seven-point halftime lead to demolish the host Orange in the ACC opener for both schools. The trio of Sonia Citron, Hannah Hidalgo and Olivia Miles led Notre Dame's win with double-doubles. Citron had 25 points and 11 rebounds, Hidalgo racked up 24 and 10, respectively, and Miles shone with 20 points, 10 rebounds and eight assists. Hidalgo, third in Division I in scoring (24.6 ppg), netted nine points and Citron had eight in the third quarter, as Notre Dame (7-2, 1-0 ACC) outscored Syracuse (4-6, 0-1) 29-13 to pull away. Keira Scott posted 16 points and Sophie Burrows tacked on 13 for the Orange, who shot only 32.5 percent. The Irish shot 50 percent and thrived despite 20 turnovers. No. 16 North Carolina 72, Coppin State 46 The Tar Heels built a comfortable halftime lead and used its bench players freely in devouring the Eagles in Chapel Hill, N.C. North Carolina (9-1) entered second-best in the nation in scoring defense at 49.1 points per game and excelled again, holding Coppin State to 27.3 percent shooting. Meanwhile, the Tar Heels shot 44.4 percent while having 12 players enter the scoring column, led by Maria Gakdeng's 10 points on 5-of-6 shooting. Reniya Kelly scored six of her eight points in the first quarter as North Carolina took a 23-13 lead. The Tar Heels grew the lead to 46-27 by intermission. Tiffany Hammond and Angel Jones scored 12 points apiece for Coppin State (6-5), and Laila Lawrence added 10 points with 10 rebounds. No. 18 Ole Miss 85, Tennessee State 38 The Rebels had more points by halftime than the Lady Tigers scored in the game after jumping out to a 14-2 lead in the first quarter and 44-19 by intermission. Kennedy Todd-Williams led Ole Miss (6-3) with 15 points and seven rebounds, and Sira Thienou added 12 and six, respectively. The Rebels shot 46 percent for the game. Ole Miss began the day seventh in the nation in scoring defense at 49.8 points allowed per game, and it punished Tennessee State to the tune of 23.6 percent shooting and 22 forced turnovers. XaiOnna Whitfield led the Lady Tigers (4-6) with 10 points. No. 20 Iowa State 82, Central Michigan 56 Audi Crooks scored 19 points on 9-of-12 shooting and added 10 rebounds as the Cyclones slammed the Chippewas in Ames, Iowa. Emily Ryan netted 10 of her 12 points in the first quarter and Crooks scored nine in the period as Iowa State (8-2) jumped out to a 31-13 lead and enjoyed a cushion of at least 18 points the rest of the way. Addy Brown added 18 points for the Cyclones, who shot 52.5 percent and rolled despite having 20 turnovers. Jayda Mosley led Central Michigan (3-6) with 11 points and Madi Morson and Ayanna-Sarai Darrington added 10 apiece. The Chippewas shot only 33.3 percent from the floor and had 26 turnovers. No. 24 Michigan State 89, DePaul 61 The unbeaten Spartans put four scorers in double figures as they systematically disposed of the Blue Demons in East Lansing, Mich. Jaddan Simmons finished with 18 points, five rebounds and five assists, and Julia Ayrault stuffed the stat sheet with 17 points, 12 rebounds, five assists and three steals for Michigan State (9-0). Emma Shumate and Jocelyn Tate had 12 and 10 points, respectively. Jorie Allen put up 15 points, 11 boards, seven assists and three steals and Grace Carstensen also notched 15 points for DePaul (3-7), which shot just 28.8 percent despite hitting 9 of 18 of its 3-point attempts. The Spartans led by seven after one quarter and 17 at halftime before coasting through the second half. No. 25 Nebraska 84, Minnesota 65 Strong first quarters by Callin Hake and Amiah Hargrove sent the Cornhuskers on their way to pinning the first loss on the Golden Gophers in the Big Ten Conference opener for each team. Hake scored eight of her 11 points in the first period and Hargrove eight of her 10 as Nebraska (8-1, 1-0 Big Ten) seized a 27-11 lead and never looked back. Hargrove scored eight of the Cornhuskers' 10 straight points to end the quarter. Alberte Rimdal led the winners with 12 points and Alexis Markowski added 11 with nine rebounds. Mallory Heyer collected 12 points and eight rebounds for Minnesota (10-1, 0-1). Tori McKinney scored 11 points and Grace Crocholski and Alexsia Rose 10 apiece, but the Golden Gophers hit just 35.2 percent of their shots. --Field Level MediaThe King and the Prime Minister have paid tribute to Jimmy Carter following the former US president’s death on Sunday aged 100. In a message to the American people, the King expressed “great sadness” at the news of Mr Carter’s death, describing him as “a committed public servant” who “devoted his life to promoting peace and human rights”. He added: “His dedication and humility served as an inspiration to many, and I remember with great fondness his visit to the United Kingdom in 1977. “My thoughts and prayers are with President Carter’s family and the American people at this time.” Mr Carter, a former peanut farmer, served one term in the White House between 1977 and 1981 and spent his post-presidency years as a global humanitarian, winning the Nobel Peace Prize in 2002. Sir Keir Starmer said Mr Carter had “lived his values in the service of others to the very end” through “decades of selfless public service”. Praising a “lifelong dedication to peace” that saw him win the Nobel Peace Prize in 2002, Sir Keir added: “Motivated by his strong faith and values, President Carter redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad.” Tributes to Mr Carter followed the announcement of his death by his family on Sunday, more than a year after he decided to enter hospice care. His son, Chip Carter, said: “My father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love.” US President Joe Biden, one of the first elected politicians to endorse Mr Carter’s bid for the presidency in 1976, said the world had “lost an extraordinary leader, statesman and humanitarian”. He said: “Over six decades, we had the honour of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. “With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us.” Other UK politicians also paid tribute to Mr Carter. Liberal Democrat leader Sir Ed Davey said he was “an inspiration” who “led a truly remarkable life dedicated to public service with a genuine care for people”. Scottish First Minister John Swinney described the former president as “a good, decent, honest man who strove for peace in all that he did”, while Welsh First Minister said he was “a remarkable man” and “a humanitarian and scholar”. Former prime minister Sir Tony Blair said Mr Carter’s “life was a testament to public service”. He added: “I always had the greatest respect for him, his spirit and his dedication. He fundamentally cared and consistently toiled to help those in need.” Mr Carter is expected to receive a state funeral featuring public observances in Atlanta, Georgia, and Washington DC before being buried in his hometown of Plains, Georgia. A moderate democrat born in Plains in October 1924, Mr Carter’s political career took him from the Georgia state senate to the state governorship and, finally, the White House, where he took office as 39th president in the wake of the Watergate scandal and the Vietnam War. His presidency saw economic disruption amid volatile oil prices, along with social tensions at home and challenges abroad including the Iranian revolution that sparked a 444-day hostage crisis at the US embassy in Tehran. But he also brokered the Camp David Accords between Egypt and Israel, which led to a peace treaty between the two countries in 1979. After his defeat in the 1980 presidential election, he worked more than four decades leading The Carter Centre, which he and his late wife Rosalynn co-founded in 1982 to “wage peace, fight disease, and build hope”. Under his leadership, the Carter Center virtually eliminated Guinea Worm disease, which has gone from affecting 3.5 million people in Africa and Asia in 1986 to just 14 in 2023. Mrs Carter, who died last year aged 96, had played a more active role in her husband’s presidency than previous first ladies, with Mr Carter saying she had been “my equal partner in everything I ever accomplished”. Earlier this year, on his 100th birthday, Mr Carter received a private congratulatory message from the King, expressing admiration for his life of public service

Heisman Trophy finalist and two-way Colorado star Travis Hunter was named The Associated Press Big 12 defensive player of the year while also being a first-team selection at wide receiver on Thursday. Buffaloes quarterback Shedeur Sanders is the league's top offensive player. Kenny Dillingham, the 34-year-old in his second season at Arizona State, was the unanimous choice as Big 12 coach of the year after leading his alma mater to a championship and a spot in the 12-team College Football Playoff. The Sun Devils (11-2) went into their league debut as the preseason pick to finish last among the 16 teams. At cornerback, Hunter had 31 tackles, tied for the Big 12 lead with 11 pass breakups and was tied for second with four interceptions. On offense, he leads the Big 12 with 92 receptions and 14 receiving touchdowns, and is second with 1,152 yards receiving. His 21 catches of at least 20 yards are the most nationally. He is also the AP's player of the year. Sanders is the Big 12 passing leader, completing 337 of 454 passes (74.2%) for 3,926 yards and a school-record 35 touchdowns with eight interceptions for the Buffaloes (10-2) Arizona State freshman quarterback Sam Leavitt, who is 11-1 as a starter, is the league’s top newcomer. The Michigan State transfer has 2,663 yards passing with 24 touchdowns and only five picks in 304 attempts. LAS VEGAS — Former Florida and Mississippi State coach Dan Mullen has agreed to lead UNLV's 24th-ranked football program, two people with knowledge of the hire said Wednesday. The people spoke to The Associated Press on condition of anonymity because no announcement has been made. The 52-year-old Mullen replaces Barry Odom, who left for Purdue on Sunday after going 19-8 and helping the Rebels receive back-to-back bowl invitations for the first time in program history. UNLV will play California in the LA Bowl on Wednesday. UNLV athletic director Erick Harper wasted little time in finding Odom's replacement. Mullen, most recently an ESPN college football analyst, went 103-61 at Florida and Mississippi State. Rich Rodriguez is returning to West Virginia for a second stint as head coach at his alma mater. Athletic director Wren Baker announced the hiring on Thursday, 17 years after Rodriguez made a hasty exit for what became a disastrous three-year experiment at Michigan. “We are thrilled to welcome Coach Rich Rodriguez and his family back home,” Baker said in a statement. “Coach Rodriguez understands what it takes to win at West Virginia, and I believe he will pour his heart, soul and every ounce of his energy into our program. I am convinced Coach Rodriguez wants what is best for West Virginia, WVU and West Virginia football, and I am excited about the future of our program.” Rodriguez, who is the current coach at Jacksonville State, an architect of the spread offense and a polarizing figure in his home state, replaces Neal Brown, who was fired on Dec. 1 after going 37-35 in six seasons, including 6-6 this year. TUCSON, Ariz. — Arizona star receiver Tetairoa McMillan declared for the NFL draft following three stellar seasons. McMillan announced his decision Thursday on Instagram. “Now, it’s time to take the next step. ... I’m officially declaring for the 2025 NFL Draft,” McMillan posted. “This is only the beginning.” McMillian is Arizona's all-time leader in receiving yards, finishing with 3,423 in three seasons, and is projected to be a first-round NFL draft pick. BRIEFLY FCS: The NCAA is taking its Football Championship Subdivision title game back to Tennessee. The FCS championship games at the end of the 2025 and 2026 seasons will be played in Nashville on the Vanderbilt campus. This season’s game will be played Jan. 6 at Toyota Stadium in Frisco, Texas, which will host the game for a record 15th season in a row and was set for at least two more. OC: UCLA announced Tino Sunseri’s hiring as offensive coordinator and quarterbacks coach. Sunseri replaces Eric Bieniemy, who was fired on Dec. 5 after fielding one of the nation’s worst offenses this season. Sunseri spent one season as Indiana’s co-offensive coordinator and quarterbacks coach after following Hoosiers coach Curt Cignetti from James Madison. Get local news delivered to your inbox!Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’

CENTENNIAL, Colo.--(BUSINESS WIRE)--Dec 11, 2024-- NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it received from NYSE Regulation a Warning Letter (the “Letter”) as provided under Section 1009(a) of the NYSE American LLC Company Guide (the “Company Guide”) describing violations by the Company of Sections 301 and 713 of the Company Guide. Section 301 of the Company Guide prohibits a listed company from issuing, or authorizing its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification from the NYSE American that the securities have been approved for listing. Section 713 of the Company Guide requires stockholder approval when additional shares to be issued in connection with a transaction involve the sale, issuance, or potential issuance of common stock (or securities convertible into common stock) equal to 20% or more of outstanding stock for less than the greater of book or market value of the stock. As noted in the Letter, the Company issued approximately 4.6 million common shares between May 2024 and August 2024 in connection with the conversion of certain convertible promissory notes that NYSE has determined were in violation of these provisions. The Company is implementing additional controls to avoid violations of such NYSE rules in the future. The Company has been advised by NYSE Regulation that, following the filing of this press release and the associated Current Report on Form 8-K, this matter is resolved. About NUBURU Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and high-brightness, high-power design to produce higher quality welds and parts at a faster rate than current lasers can produce for laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds at a rate that is up to eight times faster than traditional welding methods — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net . Forward-Looking Statements This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things, developments with our Board of Directors and our compliance with Exchange listing standards. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the Exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241211406485/en/ CONTACT: Investor Relations: NUBURU, Inc. ir@nuburu.net (720) 767-1400 KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: MACHINE TOOLS, METALWORKING & METALLURGY MANUFACTURING SOURCE: NUBURU, Inc. Copyright Business Wire 2024. PUB: 12/11/2024 06:10 PM/DISC: 12/11/2024 06:08 PM http://www.businesswire.com/news/home/20241211406485/en

Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026 WASHINGTON (AP) — Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona. If the nomination had been successful, the board would have had a Democratic majority until 2026. President-elect Donald Trump will now have a chance to nominate a replacement. The NLRB is a government agency that handles labor relations and unionization in the workplace. It also has the power to investigate potential unfair labor practices, meaning its leadership is highly scrutinized by business interests and labor groups. The failed vote is another blow to Senate Democrats and outgoing President Joe Biden's agenda. Arizona AG sues Saudi firm over 'excessive' groundwater pumping, saying it's a public nuisance PHOENIX (AP) — Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater. She alleges that the Fondomonte alfalfa farm in western Arizona is violating a public nuisance law even though the area has no groundwater pumping regulations. Mayes said Wednesday that Fondomonte's use of groundwater threatens the public health, safety and infrastructure of local communities in rural La Paz County. It's Arizona's latest action against foreign companies that use huge amounts of groundwater to grow thirsty forage crops for export. The Associated Press emailed Fondomonte seeking a response to the lawsuit. US inflation ticked up last month as some price pressures remain persistent WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. Excluding volatile food and energy costs, so-called core prices increased 3.3%. Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. Wednesday’s inflation figures are the final major piece of data Federal Reserve officials will consider before they meet next week to decide on interest rates. The November increase won’t likely be enough to discourage the officials from cutting their key rate by a quarter-point. Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled. The two companies have accused each other of not doing enough to push their proposed alliance through, and Albertsons pulled out of the $24.6 billion deal on Wednesday. The bitter breakup came the day after a federal judge in Oregon and a state judge in Washington issued injunctions to block the merger, saying that combining the two grocery chains could reduce competition and harm consumers. Albertsons is now suing Kroger, seeking a $600 million termination fee, as well as billions of dollars in legal fees and lost shareholder value. Kroger says the legal claims are “baseless.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. Supreme Court allows investors' class action to proceed against microchip company Nvidia WASHINGTON (AP) — The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed. The court’s decision Wednesday comes the same week that China said it is investigating the the microchip company over suspected violations of Chinese anti-monopoly laws. The justices heard arguments four weeks ago in Nvidia’s bid to shut down the lawsuit, then decided that they were wrong to take up the case in the first place. They dismissed the company’s appeal, leaving in place an appellate ruling allowing the case to go forward. Apple's latest iPhones get the gift of more AI as holiday shopping season heats up SAN FRANCISCO (AP) — Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season. It comes in the form of a free software update that includes a feature that enables users to create customized emojis within a matter of seconds. The Wednesday release of the iPhone’s upgraded operating system extends Apple’s expansion into AI months after rivals such as Samsung and Google began implanting the revolutionary on their devices. The update builds upon another one that came out in late October. The latest round of AI tricks includes “Genmojis,” Apple’s description of emojis that iPhone users will be able to ask the technology to create and then share. EU targets Russia's ghost fleet shipping oil in a new round of sanctions BRUSSELS (AP) — European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine. The EU's Hungarian presidency said Wednesday that the measures will target in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel. The sanctions are aimed at about 50 of what are routinely decrepit ships. The sanctions will hit more officials and entities alleged to be helping Russia to improve its military technology by evading export restrictions. EU foreign ministers are set to formally adopt the sanctions package on Monday. Can ordinary citizens solve our toughest problems? BEND, OREGON (AP) — Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions. Citizen assemblies may be able to help. The groups which have direct involvement in decision-making can help “overcome polarization and strengthen societal cohesion,” says Claudia Chwalisz, founder of DemocracyNext. Her nonprofit, launched in Paris in 2022, champions such assemblies worldwide, hoping they can “create the democratic spaces for everyday people to grapple with the complexity of policy issues, listen to one another, and find common ground.” In Europe, examples of such changes abound. In the United States, results are spottier. Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles WASHINGTON (AP) — President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. Environmental groups called the plan a clear violation of the National Environmental Policy Act. The chief policy advocacy officer at the Natural Resources Defense Council says Trump should be careful what he wishes for. She said, "What if someone wants to build a waste incinerator next to Mar-a-Lago or a coal mine next to Bedminster golf course?”

Trump says Russia abandoned AssadRA Capital Management Announces Close of $1.4 Billion Acquisition of Aliada Therapeutics by AbbVie

– a son of the Deep South devoted to civil rights, a small businessman wary of his party’s labor union base, a devout Baptist abhorred by the rising religious right, a submarine officer who was reluctant to commit American forces in war and a ferocious campaigner who disdained the compromises of governing. He parked politics at the Oval Office door, believing he would be reelected if he did “the right thing,” freeing him to take on challenges other presidents shirked. Congress , a record surpassed only slightly by the fabled President Lyndon Johnson. at his home in Plains, Georgia, was our most accomplished one-term modern president, whose enduring achievements were eclipsed by inflation, Iran, inexperience and interparty warfare. The energy security America enjoys rests on the foundation of his three , ending price controls on domestic production of oil and natural gas, focusing on conservation, and inaugurating the era of wind and solar energy. Average Americans benefited from the consumer advocates he placed in regulatory agencies, along with legislation that opened up transportation to competition, from trucking to railroads to airlines, making for the middle class and clearing the way for new carriers like Southwest Airlines and JetBlue Airways. He even removed Prohibition-era regulations that had blocked the rise of the and began telecommunications deregulation that ushered in the cable era. Carter was the greatest environmental president since Theodore Roosevelt, through the Alaska Lands Act. With typical attention to detail, he on the Oval Office rug and on his hands and knees persuaded Alaska’s senior Republican senator to accept setting aside over for protection against development. In ethically challenged Washington, Carter's campaign pledges – “ ” and seeking a government “ " as the American people – were translated into lasting reforms: the , prohibiting companies from paying bribes to foreign officials to get business; the , creating independent inspectors general to root out fraud and abuse in federal agencies; and the , requiring senior officials to disclose their assets, restrict gifts and limit post-employment lobbying, and authorizing the appointment of special prosecutors to investigate wrongdoing – the precursor to special counsel Robert Mueller and his Russia investigation during the Trump presidency. With Walter Mondale, Carter created the modern vice presidency, making his running mate a full partner in government with a West Wing office and access to all classified papers. He appointed to judgeships and senior posts than all the previous 38 presidents together, and he , angering his conservative Southern base. Carter's domestic Achilles' heel was also his finest hour: tackling a decade of runaway inflation impervious to traditional remedies. Inflation was high during the Richard Nixon and Gerald Ford presidencies and rose further under Carter, with the oil shock and gas lines from the radical Iranian revolution. He told us that every measure he tried had failed, and that even if it doomed his reelection he would choose Paul Volcker to chair the Federal Reserve, knowing full well it would mean tight money and sky-high interest rates that his advisers, including me, warned would be political poison. Carter never complained. Volcker’s prescription worked – not in time to earn him a second term, but it laid the we enjoy today, even with the temporary spike from the pandemic recovery. In foreign policy, Carter's most lasting success was the greatest feat of personal presidential diplomacy in American history. Deliberately for 13 agonizing days in September 1978 with the mutually distrustful Menachem Begin of Israel and Anwar Sadat of Egypt, Carter crafted more than 20 successive draft agreements seeking common ground. With all participants exhausted, Begin was ready to go home. Carter applied a personal touch by inscribing photographs of the three leaders to . The Israeli prime minister’s eyes teared, he relented and the rest is history: For more than four decades, the peace treaty Carter negotiated between Egypt and Israel has been central to Israel’s security and to America’s national interest. Carter made human rights a central tenet and applied those principles to the Latin American dictatorships, creating a new era in hemispheric relations along with the Panama Canal Treaty. With the Soviet Union, he combined soft and hard power: championing human rights for Soviet Jews and others, increasing defense spending, greenlighting military modernization programs (that President Ronald Reagan later built upon) and taking a tough stand on the Soviet . Get columns from your favorite columnists + expert analysis on top issues, delivered straight to your device through the USA TODAY app. Don't have the app? . It was confrontation with the Iranian revolution, a conundrum no president has resolved, that brought down Carter. He supported our ally, the shah of Iran, to the bitter end, and urged the shah's army to stand up to the Islamic regime that followed. Carter was the last holdout, and after he agreed to let the shah enter the United States for cancer treatment, radical students took American diplomats hostage in our Tehran embassy. Carter mistakenly promised their families he would put their safety first, giving the Iranians leverage, and refused to blockade Iran’s oil export ports. He holed himself up in the White House to concentrate on their release, keeping the humiliating story on television . The crowning blow was a bold but unsuccessful rescue mission doomed by too few helicopters, unexpected sandstorms, and the to coordinate the complex mission. But as commander in chief, he took sole responsibility. David Jones, chairman of the Joint Chiefs of Staff at the time, recounted to me in an interview for my book what Carter had told him: If the mission succeeded, it would be their success; if it failed, it would be on his shoulders. Carter’s enemies dismissed him as ineffectual, and former "peanuts," but they were wrong. Jimmy Carter does not deserve a place on Mount Rushmore with our greatest presidents, but he belongs in the foothills with others who strengthened our country and its place in the world. His vice president, Walter Mondale, put it succinctly in words now etched on the : “We told the truth, we obeyed the law, we kept the peace.”