VICTORIA — British Columbia Premier David Eby says his fellow premiers and the federal government have hatched a game plan to fight U.S. tariffs, with conservative premiers lobbying Republican counterparts, left-leaning provincial leaders courting the Democrats, and Ottawa focusing on president-elect Donald Trump. The premiers and Prime Minister Justin Trudeau talked about using their political diversity and connections to thwart the prospect of Trump's proposed 25 per cent tariffs on imports from Canada and Mexico, Eby said Thursday in a year-end interview. He said it was discussed that conservative premiers Danielle Smith in Alberta, Doug Ford in Ontario and Nova Scotia's Tim Houston are well-placed to lobby Republican governors and business leaders. Eby said as a New Democrat he will likely have more in common with Democrat governors and business leaders from the West Coast states. "I can easily have conversations with governors and businesses down the West Coast of the U.S., where we have close relationships and our politics are very similar," he said. "Premier Smith can have conversations with Republican governors. That would be more challenging for me, and (she) would have more connections potentially with the Trump administration than an NDP administration in B.C. would." He said a meeting last week between the premiers and Trudeau discussed Canada's diversity of representation, and how it could bring leverage and advantages in tariff talks. "It's interesting, there was a lot of talk about what unity means in terms of Canada's response to the tariffs," he said. "There's obviously a diversity of views around the Council of the Federation table of all the premiers. Certainly, mine is not the same as Premier Smith's or Premier Ford's or Premier Houston's, and that diversity of views is actually potentially a significant strength for us as we enter into these discussions." Eby also said he was prepared to appear on American's right-leaning Fox News TV network, as did premiers Ford and Smith. "Anything that I can do to support the national effort to protect the families in Canada from the impact of tariffs and also families in the U.S. from those unjustified tariffs," he said. "Absolutely, if I thought it was helpful." This report by The Canadian Press was first published Dec. 5, 2024. Dirk Meissner, The Canadian Pressonline slot games 。

B.C. premier says feds and premiers have right-left strategy to tackle Trump tariffs

The Philadelphia Phillies had a rather disappointing postseason after setting high expectations in the regular season. The team could look to make a splash in free agency in hopes of getting to the World Series in 2025. While making offseason predictions, theScore predicted that the Phillies would sign San Francisco Giants ace Blake Snell in free agency. "The Phillies haven't been afraid to spend in recent years, and they'll do it again this winter by luring two-time Cy Young winner Blake Snell to Philadelphia," wrote theScore staff. "Adding Snell allows the reigning NL East champions to run out a top-tier starter every night." Spotrac projects Snell to sign a five-year, $131 million deal in free agency. He was an All-Star in 2018 and is a two-time Cy Young Award Winner. Last season he had a 3.12 ERA after signing late in the offseason and getting off to a shaky start. However, in 12 games after the All-Star Break, he had a 1.45 ERA and 103 strikeouts. He showed that he is still a true ace and one of the best pitchers in Major League Baseball. The Phillies already have Zack Wheeler, Aaron Nola, Cristopher Sánchez and Ranger Suárez in the rotation for next season. Adding Snell would give them the best rotation in baseball. The Phillies have not been shy of handing out big contracts. Snell is the type of player who can get the Phillies over the top and back in the Fall Classic. More MLB: Phillies could dump Alec Bohm and sign $119 million All-Star to replace himFLEOA Urges Senate to Move Quickly to Take Up and Pass H.R. 82, the Social Security Fairness ActBA star and Denver Nuggets player , in October 2020 in their hometown of Sombor, located in northern Serbia. , born in September 2021, in November. , avoiding social media and media exposure, , giving fans a glimpse into his unique perspective on family and tradition. During the launch of his first signature shoe with the Chinese brand 361 Degrees, a nod to a personal habit of his. However, despite this thoughtful addition, explaining the reason behind this decision. The sentimental gesture that went awry The Nuggets center had a peculiar habit of tying his wedding ring to his game shoes as a sentimental gesture, keeping him connected to his family while playing on the court. -Jokic lost his wedding ring not once, but twice. "Funny story. I lost my ring, and my wife gave me another ring. And I lost that too," Jokic admitted with humor, reflecting on the mishap. Nikola Jokic shines bright in the 2024-25 NBA Season . He recently recorded his eighth triple-double of the season, bringing his career total to an incredible 138, tying him with the legendary Magic Johnson for third place on the all-time triple-doubles list With three MVP awards already under his belt, Jokic currently leads the KIA MVP Ladder, according to NBA.com, solidifying his status as one of the league's most outstanding players. , further cementing his legacy in the NBA.WASHINGTON — More than a dozen transgender rights activists were arrested Thursday after staging a protest in a women’s bathroom right next to the office of Speaker Mike Johnson (R-La.), who recently imposed a ban on transgender and nonbinary people using bathrooms in the House that align with their gender identity. Chelsea Manning, the trans activist and former U.S. military intelligence analyst imprisoned for seven years for disclosing classified information to the public, was among the people who quietly gathered in a bathroom on the fifth floor of the Cannon building, which is part of the House complex. Their surprise demonstration was in response to Johnson’s new House policy, but also aimed at Rep. Nancy Mace (R-S.C.), who has introduced at least two bills in recent weeks at pushing transgender people out of public spaces. Mace admitted the first of her bills , which would bar House lawmakers and employees from using House bathrooms that correspond with their gender identity, is “100%” targeted at one person: transgender Rep.-elect Sarah McBride (D-Del.). Her second bill is aimed at barring bathroom access for transgender people in all federal buildings , including public schools and universities, national parks and even airports, train stations and bus terminals. For about 20 minutes, Manning and others took over the public bathroom by Johnson’s office and led chants while holding up a banner that read, “FLUSH BATHROOM BIGOTRY.” Outside in the hall, right in front of Johnson’s office door, more activists shouted chants and held a massive sign that read, “CONGRESS STOP PISSING ON OUR RIGHTS.” “Speaker Johnson! Nancy Mace! Our bodies are no debate!” chanted the group. They took aim at Democratic lawmakers, too, for not doing more to protect trans rights, which Republicans have been aggressively attacking for months. “Democrats, grow a spine!” chanted the activists. “Trans lives are on the line!” Capitol Police eventually showed up and arrested 15 of them. The group behind the protest, Gender Liberation Movement, was prepared for the arrests. “Everyone deserves to use the restroom without fear of discrimination or violence. Trans folks are no different. We deserve dignity and respect and we will fight until we get it,” Raquel Willis, the group’s co-founder, said in a statement. “In the 2024 election, trans folks were left to fend for ourselves after nearly $200 million of attack ads were disseminated across the United States,” she said. “Now, as Republican politicians try to remove us from public life, Democratic leaders are silent as hell.” Manning, whose prison sentence was commuted in 2017 by former President Barack Obama, said she was participating in the protest because “every person deserves dignity and respect, both in daily life and in more symbolic places” like the U.S. Capitol building. “As someone who has fought against similar rules, I know what it’s like to feel pushed aside and erased,” she said in a statement. “But I also know the incredible power and resilience our community has. I’m not here as a leader or a spokesperson but simply as another member of my community who shows up unconditionally to support my siblings in this fight. I will stand beside them no matter what. We didn’t start this fight, but we are together now.” Johnson’s bathroom ban is broader than people may realize: It prohibits any transgender or nonbinary House lawmaker, staff member, intern or even visitors from the public from using a bathroom in the House complex — that includes the House side of the Capitol building and all House buildings — that corresponds with their gender identity. It’s not clear at all how the speaker plans to enforce this. Rep. Mark Pocan (D-Wis.), chair of the Congressional Equality Caucus, told HuffPost on Tuesday that he recently raised concerns with Johnson over his anti-trans bathroom policy, and that Johnson essentially told him the only reason he put it in place was to stave off a Republican fight on the House floor over Mace’s anti-trans bills. Pocan said he did not expect the speaker to take any steps to enforce his policy, like stationing police officers at bathroom doors in the Capitol. “No, of course not. I don’t think they think through policies, they just declare them,” said the Wisconsin Democrat. “But I think it was done in lieu of having an ugly public floor fight.” When the speaker announced the ban last month, he stressed that each member of Congress has a private restroom in their office, and that “unisex restrooms are available throughout the Capitol.” Johnson didn’t say anything about how the rules would be enforced. “Women deserve women’s only spaces,” he said. Pocan said he told Johnson he hoped there would be enough unisex restrooms throughout the Capitol complex. Don't let this be the end of the free press. The free press is under attack — and America's future hangs in the balance. As other newsrooms bow to political pressure, HuffPost is not backing down. Would you help us keep our news free for all? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. “He was at least verbally sympathetic to, I think, the issue of having bathrooms available for people, and I think a recognition that, it’s not going to be trans legislation every month of the year,” he said. Oddly, as transgender rights activists were on Capitol Hill on Thursday protesting Mace’s legislation, she was spotted wandering around a Senate building with a bullhorn. A spokesperson for Mace, who absolutely loves media attention, did not respond to a request for comment on why she was walking around the other chamber with a bullhorn or whether it was related to trans rights activists condemning her legislation. The South Carolina Republican later posted on social media what the bullhorn was for: reading aloud people’s Miranda rights outside of Capitol Police headquarters as trans rights protesters were being processed after their arrest. “Protestors came to the Capitol today to protest my bathroom bill. Poor things got arrested. So, I have a special message for them,” reads her post . Related From Our Partner

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The world has long been captivated by Silicon Valley: the land of endless innovation, where founders start in garages and build tech giants. It is a formula that many have tried to emulate, but it's time for Dhaka to write its own recipe—one that works for our unique context, strengths, and challenges. The allure of Silicon Valley is undeniable. But when we try to replicate this formula in Bangladesh, we quickly learn that Dhaka isn't Palo Alto, and it doesn't have to be. Dhaka has its own rhythm, strengths, and potential. We are a city bursting with energy, full of entrepreneurs who innovate out of necessity. We do not need another Silicon Valley: we need a Dhaka Valley. To create the Dhaka Valley Recipe, we must embrace our context. In Bangladesh, startup founders don't have access to abundant venture capital or deep talent pools. Instead, we scale through resourcefulness, frugality, and community. When funding is sparse, we need to become profitable faster. When talent is scarce, we need to invest in people and focus on turning potential into excellence. Our founders often wear multiple hats—from sales to HR to operations and product management—roles that would be divided among many in Silicon Valley. This necessity breeds a kind of leadership that is nimble, empathetic, and deeply connected to the realities on the ground, making our founders agile and uniquely effective leaders. A key ingredient of the Dhaka Valley Recipe is managing growth and ensuring sustainability. We cannot afford to fail before attracting large foreign investors. This means carefully managing growth and creating a solid foundation that draws global interest. Bangladesh often falls at the bottom of investors' priority lists (even within emerging markets), so our funding funnel must adapt accordingly. The power of collaboration is also critical. In Silicon Valley, competition is often the driving force. Here, the power lies in collaboration—not just among founders but with customers, government bodies, and educational institutions. Our success stories are rooted in ecosystems where everyone benefits. We must also embrace our people-centric approach. Silicon Valley focuses heavily on technology, often with a "move fast and break things" mindset. In Dhaka, we must focus on people—on the communities we serve, on the employees we nurture, and on the families we impact. The work we do must create real value for people's lives. Empowerment is not just a buzzword; it is the foundation of our businesses—one that can lift millions from informal, unrecognised work into structured and sustainable livelihoods. Our growth in Bangladesh must be sustainable and inclusive. We cannot build for a handful while leaving millions behind. Instead, our growth must bring real economic change to those who need it most. Finally, we need to understand the dynamics of attracting venture capital. Venture capitalists need a return, and they are willing to make bold decisions if your business shows extraordinary potential to become a billion-dollar enterprise. We need to give them confidence that they can expect 10-20X returns—so that even in the worst-case scenario, they see a 2-3X return. The Dhaka Valley Recipe isn't about abandoning Silicon Valley's inspiration; it's about adapting it. Our challenges are different, and so are our strengths. We need solutions that work in our soil, crafted with our own ingredients. We need policymakers who foster innovation, investors who value impact, and founders who believe in this country's potential. If we can do that, we won't just create startups; we will create stories, change lives, and build an ecosystem future generations will be proud of. It's time for Dhaka to stop chasing the Silicon Valley dream and start living on its own. The writer is the founder and CEO of Sheba Platform LimitedTrump's DEA Drama: He Didn't Quit, I Fired Him — A Tale Of Pastors, Pandemic And Hurt Feelings

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec 5, 2024-- lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the third quarter of fiscal 2024, which ended on October 27, 2024. Calvin McDonald, Chief Executive Officer, stated: "Our performance in the third quarter shows the enduring strength of lululemon globally, as we saw continued momentum across our international markets and in Canada. Looking to the future, we are pleased with the start to our holiday season, and we remain focused on accelerating our U.S. business and growing our brand awareness around the world. Thank you to our dedicated teams for continuing to deliver for our guests and stakeholders." The adjusted non-GAAP financial measures below exclude asset impairment and other charges recognized in relation to lululemon Studio during the third quarter of 2023, and the related income tax effects of these items. For the third quarter of 2024, compared to the third quarter of 2023: Meghan Frank, Chief Financial Officer, stated: "Our third quarter results, which exceeded our expectations, demonstrate the ability of our teams to be agile in a dynamic operating environment. With the majority of the fourth quarter still in front of us, we are focused on deepening engagement with our guests and bringing new consumers into the brand. We are committed to delivering on our Power of Three ×2 revenue target of $12.5 billion in 2026 and look forward to all that lies ahead." During the third quarter of 2024, the Company repurchased 1.6 million shares of its common stock for a cost of $408.5 million. On December 3, 2024, the board of directors approved a $1.0 billion increase to the Company's stock repurchase program. Including this increase, as of December 5, 2024, the Company had approximately $1.8 billion remaining authorized on its stock repurchase program. The Company ended the third quarter of 2024 with $1.2 billion in cash and cash equivalents and the capacity under its committed revolving credit facility was $393.5 million. Inventories at the end of the third quarter of 2024 increased 8% to $1.8 billion compared to $1.7 billion at the end of the third quarter of 2023. For the fourth quarter of 2024, the Company expects net revenue to be in the range of $3.475 billion to $3.510 billion, representing growth of 8% to 10%, or 3% to 4% excluding the 53rd week of 2024. Diluted earnings per share are expected to be in the range of $5.56 to $5.64 for the quarter. This assumes a tax rate of approximately 29.5%. For 2024, the Company now expects net revenue to be in the range of $10.452 billion to $10.487 billion, representing growth of 9%, or 7% excluding the 53rd week of 2024. Diluted earnings per share are now expected to be in the range of $14.08 to $14.16 for the year. This assumes a tax rate of approximately 30%. The guidance does not reflect potential future repurchases of the Company's shares. The guidance and outlook forward-looking statements made in this press release are based on management's expectations as of the date of this press release and do not incorporate future unknown impacts, including macroeconomic trends. The Company undertakes no duty to update or to continue to provide information with respect to any forward-looking statements or risk factors, whether as a result of new information or future events or circumstances or otherwise. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of risks and uncertainties, including those stated below. The Company's Power of Three ×2 growth plan calls for a doubling of the business from 2021 net revenue of $6.25 billion to $12.5 billion by 2026. The key pillars of the plan are product innovation, guest experience, and market expansion. A conference call to discuss third quarter results is scheduled for today, December 5, 2024, at 4:30 p.m. Eastern time. Those interested in participating in the call are invited to dial 1-844-763-8274 or 1-647-484-8814, if calling internationally, approximately 10 minutes prior to the start of the call. A live webcast of the conference call will be available online at: . A replay will be made available online approximately two hours following the live call for a period of 30 days. lululemon athletica inc. (NASDAQ:LULU) is a technical athletic apparel, footwear, and accessories company for yoga, running, training, and most other activities, creating transformational products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all. Setting the bar in innovation of fabrics and functional designs, lululemon works with yogis and athletes in local communities around the world for continuous research and product feedback. For more information, visit . Constant dollar changes and adjusted financial results are non-GAAP financial measures. A constant dollar basis assumes the average foreign currency exchange rates for the period remained constant with the average foreign currency exchange rates for the same period of the prior year. The Company provides constant dollar changes in its results to help investors understand the underlying growth rate of net revenue excluding the impact of changes in foreign currency exchange rates. Adjusted gross profit, gross margin, income from operations, operating margin, income tax expense, effective tax rates, net income, and diluted earnings per share exclude certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio, and the related income tax effects of these items. The Company believes these adjusted financial measures are useful to investors as they provide supplemental information that enable evaluation of the underlying trend in its operating performance, and enable a comparison to its historical financial information. Further, due to the finite and discrete nature of these items, it does not consider them to be normal operating expenses that are necessary to run the business, or impairments or disposal gains that are expected to arise in the normal course of its operations. Management uses these adjusted financial measures and constant currency metrics internally when reviewing and assessing financial performance. The Company's fiscal year ends on the Sunday closest to January 31st of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2023 was a 52-week year while 2024 will be a 53-week year. The expected net revenue increase excluding the 53rd week excludes the expected net revenue for the 53rd week of 2024. This enables an evaluation of the expected year-over-year increase in net revenue based on 52 weeks in each year. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or with greater prominence to, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the section captioned "Reconciliation of Non-GAAP Financial Measures" included in the accompanying financial tables, which includes more detail on the GAAP financial measure that is most directly comparable to each non-GAAP financial measure, and the related reconciliations between these financial measures. The Company's non-GAAP financial measures may be calculated differently from, and therefore may not be directly comparable to, similarly titled measures reported by other companies. This press release includes estimates, projections, statements relating to the Company's business plans, objectives, and expected operating results that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "outlook," "believes," "intends," "estimates," "predicts," "potential" or the negative of these terms or other comparable terminology. These forward-looking statements also include the Company's guidance and outlook statements. These statements are based on management's current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation: the Company's ability to maintain the value and reputation of its brand; changes in consumer shopping preferences and shifts in distribution channels; the acceptability of its products to guests; its highly competitive market and increasing competition; increasing costs and decreasing selling prices; its ability to anticipate consumer preferences and successfully develop and introduce new, innovative and updated products; its ability to accurately forecast guest demand for its products; its ability to expand in light of its limited operating experience and limited brand recognition in new international markets and new product categories; its ability to manage its growth and the increased complexity of its business effectively; its ability to successfully open new store locations in a timely manner; seasonality; disruptions of its supply chain; its reliance on a relatively small number of vendors to supply and manufacture a significant portion of its products; suppliers or manufacturers not complying with its Vendor Code of Ethics or applicable laws; its ability to deliver its products to the market and to meet guest expectations if it has problems with its distribution system; increasing labor costs and other factors associated with the production of its products in South Asia and South East Asia; its ability to safeguard against security breaches with respect to its technology systems; its compliance with privacy and data protection laws; any material disruption of its information systems; its ability to have technology-based systems function effectively and grow its e-commerce business globally; climate change, and related legislative and regulatory responses; increased scrutiny regarding its environmental, social, and governance, or sustainability responsibilities; an economic recession, depression, or downturn or economic uncertainty in its key markets; global or regional health events such as the COVID-19 pandemic and related government, private sector, and individual consumer responsive actions; global economic and political conditions; its ability to source and sell its merchandise profitably or at all if new trade restrictions are imposed or existing trade restrictions become more burdensome; changes in tax laws or unanticipated tax liabilities; its ability to comply with trade and other regulations; fluctuations in foreign currency exchange rates; imitation by its competitors; its ability to protect its intellectual property rights; conflicting trademarks and patents and the prevention of sale of certain products; its exposure to various types of litigation; and other risks and uncertainties set out in filings made from time to time with the United States Securities and Exchange Commission and available at , including, without limitation, its most recent reports on Form 10-K and Form 10-Q. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. The fiscal year ending February 2, 2025 is referred to as "2024" and the fiscal year ended January 28, 2024 is referred to as "2023". Net revenue $ 2,396,660 $ 2,204,218 $ 6,976,629 $ 6,414,175 Costs of goods sold 995,054 947,554 2,887,770 2,708,195 Gross profit 1,401,606 1,256,664 4,088,859 3,705,980 Selling, general and administrative expenses 909,827 842,795 2,624,212 2,407,683 Impairment of assets and restructuring costs — 74,501 — 74,501 Amortization of intangible assets 1,118 1,253 1,118 5,010 Income from operations 490,661 338,115 1,463,529 1,218,786 Other income (expense), net 13,743 9,842 55,020 25,229 Income before income tax expense 504,404 347,957 1,518,549 1,244,015 Income tax expense 152,534 99,243 452,336 363,293 Net income $ 351,870 $ 248,714 $ 1,066,213 $ 880,722 Basic earnings per share $ 2.87 $ 1.97 $ 8.57 $ 6.94 Diluted earnings per share $ 2.87 $ 1.96 $ 8.55 $ 6.92 Basic weighted-average shares outstanding 122,697 126,460 124,471 126,892 Diluted weighted-average shares outstanding 122,803 126,770 124,668 127,218 Current assets Cash and cash equivalents $ 1,188,419 $ 2,243,971 $ 1,091,138 Inventories 1,800,893 1,323,602 1,663,617 Prepaid and receivable income taxes 257,388 183,733 300,258 Other current assets 358,589 309,271 309,886 Total current assets 3,605,289 4,060,577 3,364,899 Property and equipment, net 1,697,759 1,545,811 1,413,918 Right-of-use lease assets 1,360,589 1,265,610 1,048,607 Goodwill and intangible assets, net 178,185 24,083 23,912 Deferred income taxes and other non-current assets 241,847 195,860 170,928 Total assets $ 7,083,669 $ 7,091,941 $ 6,022,264 Current liabilities Accounts payable $ 385,960 $ 348,441 $ 309,324 Accrued liabilities and other 561,615 348,555 392,949 Accrued compensation and related expenses 190,169 326,110 250,479 Current lease liabilities 290,368 249,270 217,138 Current income taxes payable 96,808 12,098 27,231 Unredeemed gift card liability 238,327 306,479 213,256 Other current liabilities 40,286 40,308 37,737 Total current liabilities 1,803,533 1,631,261 1,448,114 Non-current lease liabilities 1,223,733 1,154,012 950,954 Non-current income taxes payable — 15,864 15,864 Deferred income tax liability 33,231 29,522 53,833 Other non-current liabilities 37,440 29,201 27,650 Stockholders' equity 3,985,732 4,232,081 3,525,849 Total liabilities and stockholders' equity $ 7,083,669 $ 7,091,941 $ 6,022,264 Cash flows from operating activities Net income $ 1,066,213 $ 880,722 Adjustments to reconcile net income to net cash provided by operating activities (194,890 ) 31,344 Net cash provided by operating activities 871,323 912,066 Net cash used in investing activities (575,214 ) (445,325 ) Net cash used in financing activities (1,328,510 ) (510,583 ) Effect of foreign currency exchange rate changes on cash and cash equivalents (23,151 ) (19,887 ) Decrease in cash and cash equivalents (1,055,552 ) (63,729 ) Cash and cash equivalents, beginning of period 2,243,971 1,154,867 Cash and cash equivalents, end of period $ 1,188,419 $ 1,091,138 The below changes show the change for the third quarter of 2024 compared to the third quarter of 2023. United States — % — % — % Canada 9 — 9 Mexico (1) n/a n/a n/a Americas 2 — 2 China Mainland 39 (3 ) 36 Rest of World 27 (4 ) 23 Total international 33 (3 ) 30 Total 9 % (1 )% 8 % Americas (2 )% — % (2 )% China Mainland 27 (3 ) 24 Rest of World 23 (3 ) 20 Total international 25 (3 ) 22 Total 4 % (1 )% 3 % (1) On September 10, 2024, the Company acquired the lululemon branded retail locations and operations run by a third party in Mexico. Wholesale sales to the third party by lululemon athletica canada inc. prior to the acquisition are disclosed as net revenue recognized within Canada. (2) Comparable sales includes comparable company-operated store and e-commerce net revenue. Comparable company-operated stores have been open for at least 12 full fiscal months, or open for at least 12 full fiscal months after being significantly expanded. Comparable company-operated stores exclude stores which have been temporarily relocated for renovations or have been temporarily closed. The following tables reconcile adjusted 2023 financial measures with the most directly comparable measures calculated in accordance with GAAP. The adjustments relate to certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio and their related tax effects. Please refer to Note 4. Impairment of Assets and Restructuring Costs included in Item 1 of Part I of the Company's Report on Form 10-Q to be filed with the SEC on or about December 5, 2024 for further information on the nature of these amounts. GAAP results $ 1,256,664 57.0 % $ 338,115 15.3 % $ 99,243 28.5 % $ 248,714 $ 1.96 lululemon Studio charges: lululemon Studio obsolescence provision 23,709 1.1 23,709 1.1 23,709 0.19 Impairment of assets 44,186 2.0 44,186 0.35 Restructuring costs 30,315 1.4 30,315 0.24 Tax effect of the above 26,085 (0.4 ) (26,085 ) (0.21 ) 23,709 1.1 98,210 4.5 26,085 (0.4 ) 72,125 0.57 Adjusted results (non-GAAP) $ 1,280,373 58.1 % $ 436,325 19.8 % $ 125,328 28.1 % $ 320,839 $ 2.53 GAAP results $ 3,705,980 57.8 % $ 1,218,786 19.0 % $ 363,293 29.2 % $ 880,722 $ 6.92 lululemon Studio charges: lululemon Studio obsolescence provision 23,709 0.3 23,709 0.3 23,709 0.19 Impairment of assets 44,186 0.7 44,186 0.35 Restructuring costs 30,315 0.5 30,315 0.24 Tax effect of the above 26,085 (0.2 ) (26,085 ) (0.21 ) 23,709 0.3 98,210 1.5 26,085 (0.2 ) 72,125 0.57 Adjusted results (non-GAAP) $ 3,729,689 58.1 % $ 1,316,996 20.5 % $ 389,378 29.0 % $ 952,847 $ 7.49 The Company's fiscal year ends on the Sunday closest to January 31st of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2023 was a 52-week year while 2024 will be a 53-week year. Expected net revenue increase 8% to 10% 9% Impact of 53rd week (5)% to (6)% (2)% Expected net revenue increase excluding the 53rd week (non-GAAP) 3% to 4% 7% 4 th Quarter 2023 686 26 1 711 1 st Quarter 2024 711 5 5 711 2 nd Quarter 2024 711 11 1 721 3 rd Quarter 2024 721 28 — 749 4 th Quarter 2023 2,797 173 3 2,967 1 st Quarter 2024 2,967 35 14 2,988 2 nd Quarter 2024 2,988 90 3 3,075 3 rd Quarter 2024 3,075 156 — 3,231 (1) (2) View source version on : CONTACT: Investor Contacts: lululemon athletica inc. Howard Tubin 1-604-732-6124 or ICR, Inc. Joseph Teklits/Caitlin Churchill 1-203-682-8200 Media Contact: lululemon athletica inc. Madi Wallace 1-604-732-6124 KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: FASHION ONLINE RETAIL RETAIL HEALTH OTHER RETAIL FITNESS & NUTRITION SPECIALTY SOURCE: lululemon athletica inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:05 PM/DISC: 12/05/2024 04:06 PMAlec Baldwin believes 'Americans are very uninformed about reality'Special counsel asks judge to dismiss subversion case against TrumpNonlinear compton scattering with a multi-petawatt laser producing ultra-bright gamma rays November 25, 2024 Institute for Basic Science A team of researchers has successfully demonstrated nonlinear Compton scattering (NCS) between an ultra-relativistic electron beam and an ultrahigh intensity laser pulse using the 4-Petawatt laser. The innovative approach was the usage of only a laser for electron-photon collisions, in which a multi-PW laser is applied both for particle acceleration and for collision (also called an all-optical setup). This achievement represents a significant milestone in strong field physics, in particular strong field quantum electrodynamics (QED), offering new insights into high-energy electron-photon interactions without the need for a traditional mile-long particle accelerator. Facebook Twitter Pinterest LinkedIN Email In a groundbreaking study recently published online in the journal Nature Photonics , a team of researchers has successfully demonstrated nonlinear Compton scattering (NCS) between an ultra-relativistic electron beam and an ultrahigh intensity laser pulse using the 4-Petawatt laser at the Center for Relativistic Laser Science (CoReLS) within the Institute for Basic Science at Gwangju Institute of Science and Technology (GIST), Korea. The innovative approach was the usage of only a laser for electron-photon collisions, in which a multi-PW laser is applied both for particle acceleration and for collision (also called an all-optical setup). This achievement represents a significant milestone in strong field physics, in particular strong field quantum electrodynamics (QED), offering new insights into high-energy electron-photon interactions without the need for a traditional mile-long particle accelerator. Nonlinear Compton scattering requires an electron to absorb multiple laser photons while emitting a single high-energy gamma-ray photon. To observe this phenomenon, researchers approached the "Schwinger limit" -- a theoretical laser intensity (2x10 29 W/cm 2 ) so strong that it "boils" the vacuum of space-time, for generating matter-antimatter pairs. Since the current record for the highest laser intensity in the world, demonstrated by CoReLS, is still a million times below this threshold, the team employed a workaround: an ultra-relativistic electron beam collided with an ultrahigh intensity laser pulse, exploiting Einstein's theory of relativity. In the electron's reference frame, the laser intensity appeared to be about 50% of the Schwinger limit, triggering nonlinear QED phenomena. The scientists conducted a series of experiments using the CoReLS PW laser. The laser beam was split into two beams, each serving distinct roles. The first beam was focused onto a 5-cm-long gas-filled cell, where it triggered "laser wakefield acceleration" (LWFA) of electrons. In this mechanism of acceleration, electrons "surf" a laser-generated plasma wave, gaining an energy up to 3 GeV -- 99.999999% of the speed of light. The second beam was a flash of light focused to a 2-micron diameter (a few % of a hair diameter), lasting only 20 femtoseconds (a femtosecond represents a billionth of a millionth of a second). This beam was directed to collide with the accelerated electrons coming out of the plasma in the gas cell. Achieving the precise overlap required for the collision, within a few microns and 10 femtoseconds, allowed the laser pulse to "shake" the electrons, which bounced up to 400 laser photons, absorbing them simultaneously. The absorbed energy was then emitted as a single high-energy gamma-ray photon with energy in the range of tens to hundreds of megaelectronvolts. Researchers carefully characterized the gamma-ray energy, aided by Monte-Carlo simulations, to ensure that other x-ray and gamma-ray backgrounds did not interfere with the measurements. They verified the gamma-ray signatures against theoretical predictions and compared the experimental results with analytical models and particle-in-cell simulations performed using supercomputers. The agreement between the experiment and simulation confirmed the occurrence of nonlinear Compton scattering and allowed the team to deduce the colliding laser intensity by extracting its "fingerprint" from the gamma-ray signals. Due to the large number of collisions, the resulting gamma-ray beam produced in experiments was 1,000 times brighter than anything previously achieved in laboratories at this energy scale. This breakthrough has potential applications in studying nuclear processes and understanding antimatter production, such as the Breit-Wheeler process for exploring photon-photon collisions to produce electron-positron pairs. This research, published in Nature Photonics, is part of a broader effort to understand quantum electrodynamics (QED) in strong background fields, also known as Strong-Field Quantum Electrodynamics. The research can mimic laboratory phenomena typically found in astrophysical objects like magnetars, supernovae, and the regions in the vicinity of black holes. The first study using a laser-electron beam collision was performed at SLAC in 1996, but using a kilometer-long accelerator and a much less intense laser. Similar experiments are planned also at accelerator facilities such as the DESY (LUXE project, Germany), SLAC (FACET II, USA), and upcoming multi-petawatt laser facilities like Apollon (France), Station for Extreme Light (China), ELI-NP (Romania), ELI-Beamlines (Czech Republic), or Omega EP OPAL (U. Rochester) and ZEUS (U. Michigan, USA). Story Source: Materials provided by Institute for Basic Science . Note: Content may be edited for style and length. Related Multimedia : Journal Reference : Cite This Page :

Revolut adds ex-Lord Mayor and KPMG veteran to UK board ahead of bank launch - City A.M.SANTA CLARA, Calif. (AP) — The San Francisco 49ers were hit by another family tragedy with the announcement that star left tackle Trent Williams' wife gave birth to a stillborn son late last week. Sondra Williams announced on Instagram on Sunday that she gave birth to Trenton O’Brien Williams Jr. on Nov. 24. Williams also wrote that she was initially pregnant with twins and lost the other child earlier in the pregnancy. “I can’t even begin to describe how I felt leaving the hospital without you,” she wrote. “Nor how it feels being home celebrating Thanksgiving without my baby in my arms. My heart is broken and my arms are empty. But I know you’ll always be near watching over me and your sisters. And for that, my heart smiles with gratitude. Thank God for allowing us to bond for 35 weeks and for me to birth you so I could hold you in my arms. I’m at peace knowing you will never have to suffer.” Williams wrote that her son was diagnosed with Trisomy 13, a genetic condition also known as Patau syndrome that affects how the face, brain and heart develop, along with several other internal organs. Trent Williams spent time last week at the hospital and grieving with his family, including the couple's three young daughters. “He was there at the hospital with her and got to meet him and say bye,” coach Kyle Shanahan said Monday. "Then he had to cremate him on Friday. So he’s been dealing with that and he’s working through it. But we’re all just trying to be here for him through it all.” This is the second tragedy to hit the Niners in recent weeks. Cornerback Charvarius Ward's 1-year-old daughter , Amani Joy, died on Oct. 28. She had born prematurely with Down syndrome and had open-heart surgery in April 2023. Ward spent a few weeks away from the team and returned to the field for the first time on Sunday. Williams has missed the last two games with an ankle injury but Shanahan said he is hoping to be able to the return as soon as he's healthy. “It’s hard as a coach. It’s hard as a friend. It’s hard as a family member. It’s hard for everybody," Shanahan said. ”But we spend a lot of time with each other. That’s what’s cool about a football team. Whatever you go through, the good or the bad, we go through it together. I do like that they have a group of guys they can go to, a group of guys that can see them every day. You can never escape that full grief and stuff. But I do think it’s nice for those guys to have another avenue to get out on the football field, to get around teammates and things like that." AP NFL: https://apnews.com/hub/nflLockheed, Northrop stocks dip on Israel-Hezbollah ceasefire news

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. The crypto market had much more action, and bitcoin briefly burst to a record above $103,000 before falling back toward $99,000. It’s climbed dramatically since Election Day on hopes President-elect Donald Trump will be more friendly to crypto. Airline stocks were strong, while Treasury yields held relatively steady in the bond market. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Nasdaq composite fell 34.86 points, or 0.2%, to 19,700.26. The Russell 2000 index of smaller companies fell 30.39 points, or 1.3%, to 2,396.17. For the week: The S&P 500 is up 42.73 points, or 0.7%. The Dow is down 144.94 points, or 0.3%. The Nasdaq is up 482.09 points, or 2.5%. The Russell 2000 is down 38.56 points, or 1.6%. For the year: The S&P 500 is up 1,305.28 points, or 27.4%. The Dow is up 7,076.17 points, or 18.8%. The Nasdaq is up 4,688.91 points, or 31.2%. The Russell 2000 is up 369.10 points, or 18.2%.Trent Williams' wife, Sondra, says their son was stillborn

By JOSH FUNK, AP Business Writer OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans Monday to hand more than $1.1 billion of Berkshire Hathaway stock to four of his family’s foundations, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. He didn’t identify the successors, but said his kids all know them and agree they would be good choices. “Father time always wins. But he can be fickle – indeed unfair and even cruel – sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit,” the 94-year-old Buffett said in a letter to his fellow shareholders. “To date, I’ve been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66.” Buffett said he still has no interest in creating dynastic wealth in his family — a view shared by his first and current wives. He acknowledged giving Howard, Peter and Susie millions over the years, but he has long said he believes “hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing.” The secret to building up such massive wealth over time has been the power of compounding interest and the steady growth of the Berkshire conglomerate Buffett leads through acquisitions and smart investments like buying billions of dollars of Apple shares as iPhone sales continued to drive growth in that company. Buffett never sold any of his Berkshire stock over the years and also resisted the trappings of wealth and never indulged in much — preferring instead to continue living in the same Omaha home he’d bought decades earlier and drive sensible luxury sedans about 20 blocks to work each day. “As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had,” he said. If Buffett and his first wife had never given away any of their Berkshire shares, the family’s fortune would be worth nearly $364 billion — easily making him the world’s richest man — but Buffett said he had no regrets about his giving over the years. The family’s giving began in earnest with the distribution of Susan Buffett’s $3 billion estate after her death in 2004, but really took off when Warren Buffett announced plans in 2006 to make annual gifts to the foundations run by his kids along with the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Warren Buffett’s giving to date has favored the Gates Foundation with $55 billion in stock because his friend Bill Gates already had his foundation set up and could handle huge gifts when Buffett started giving away his fortune. But Buffett has said his kids now have enough experience in philanthropy to handle the task and he plans to cut off his Gates Foundation donations after his death. Buffett always makes his main annual gifts to all five foundations every summer, but for several years now he has been giving additional Berkshire shares to his family’s foundations at Thanksgiving. Buffett reiterated Monday his advice to every parent to allow their families to read their will while they are still alive — like he has done — to make sure they have a chance to explain their decisions about how to distribute their belongings and answer their children’s questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, “saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry.” Today, Buffett continues to lead Berkshire Hathaway as chairman and CEO and has no plans to retire although he has handed over most of the day-to-day managing duties for the conglomerates dozens of companies to others. That allows him to focus on his favorite activity of deciding where to invest Berkshire’s billions . One of Buffett’s deputies who oversees all the noninsurance companies now, Greg Abel, is set to take over as CEO after Buffett’s death.Stabbing and robbery being investigated by London police, 3 suspects wanted

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Apple Inc AAPL faces challenges in Indonesia as the government deems the tech giant’s proposed $100 million investment insufficient to lift a ban on selling its latest iPhone model. The restriction is tied to regulations mandating that smartphones sold domestically must contain at least 40% locally sourced components. Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita , stated that Apple’s proposal needs to align with fairness principles, particularly when compared to the company’s more significant investments in Vietnam and Thailand, the Bangkok Post reports . Also Read: Sony Eyes Portable Gaming Market With New Handheld Console In Development Google Pixel phones, manufactured by Alphabet Inc GOOG GOOGL , are also barred from sales in Indonesia due to similar non-compliance with local component requirements. Companies typically partner with local suppliers or source parts domestically to meet these rules. Apple, however, still needs manufacturing facilities in Indonesia. Since 2018, it has relied on application-developer academies to partially fulfill local content mandates for older iPhone models. Minister Agus disclosed that Apple still has an outstanding $100 million investment commitment that was originally set to be fulfilled by 2023. The Indonesian government is pushing for additional investments to extend through 2026. The ministry plans to invite Apple representatives to Indonesia for negotiations to discuss the situation further. Agus emphasized that Apple must align its investments with the country’s expectations, noting that similar efforts in neighboring countries make Indonesia’s demands reasonable. The push to increase local content in electronics aligns with Indonesia’s broader strategy to bolster its domestic manufacturing ecosystem and attract equitable foreign investment. Initially, Apple proposed a $10 million investment to address the shortfall, but Indonesia’s Ministry of Industry rejected the offer, maintaining the sales ban. Apple’s earlier $10 million plan targeted accessory and component manufacturing but failed to satisfy Indonesia’s regulatory standards. While Apple has invested $95 million in Indonesia via developer academies, it still falls $5 million short of the 1.7 trillion rupiah ($109.6 million) target. In October, Morgan Stanley analyst Erik Woodring rated Apple as Overweight with a $273 price target, citing steady iPhone 16 lead times . Woodring noted that iPhone 16 Pro/Pro Max lead times extended globally, reflecting better supply stability than previous cycles. Apple’s proactive supply-chain measures helped avoid shortages, balancing iPhone Pro/Pro Max demand and supply earlier than before. Morgan Stanley forecasts 225 million iPhone shipments in 2024, with a potential 3% revenue upside from more robust September-quarter sales. Price Action: AAPL stock is up 0.14% at $230.19 at the last check on Monday. Also Read: AMD Boosts India Presence With $400 Million Investment, Supercomputers For Weather Forecasting Photo: Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.