BUSINESS

NEWS

New-Vehicle Sales Projected to Hold Steady at 16.0 Million SAAR in November Amid Improved Inventory and Consumer Confidence
By
Enterprise Editor
New-vehicle sales for November are expected to maintain a steady seasonally adjusted annual rate (SAAR) of 16.0 million, consistent with
Massachusetts Faces Significant Wealth and Resident Exodus as Cost of Living Soars, New Study Reveals
By
Finance Reporter
A Pioneer Institute study released on Tuesday shows that Massachusetts lost $10.6 billion in adjusted gross income (AGI) to net
Andrew Sobko, BATCH, Spotlighted on New York Stock Exchange TV
By
Deputy Editor, Investing and Corporate News
New York Stock Exchange TV recently spotlighted the technology-enabled logistics brokerage firm BATCH Freight as part of its Taking Stock

CLIMATE

CHANGE

Guardsmen Deliver Food to Alaska Community Hit by Typhoon
By
Associate Writer
Alaska National Guardsmen delivered nearly 14,000 pounds of frozen beef, chicken and pork this month to Toksook Bay, Alaska, helping
New Study Identifies Key Traits Linked to Bird Extinctions, Highlighting Urgent Need for Conservation Efforts
By
Environmental Reporter
Looking to inform the conservation of critically endangered bird species, University of Utah biologists completed an analysis identifying traits that correlate
4 mins
Sailors man the rails as USS George Washington (CVN 73) returns to Fleet Activities Yokosuka, Japan. © Petty Officer 3rd Class Lucas Hastings
The Ritz Herald
The aircraft carrier USS George Washington returned to Yokosuka, Japan, for the first time since being relieved from the post in 2015 by the USS Ronald Reagan

The Nimitz-class aircraft carrier USS George Washington (CVN 73) returned to Commander, Fleet Activities Yokosuka, Japan as the United States’ only forward-deployed aircraft carrier, Nov. 22.

This marks the second time George Washington has served as the forward-deployed naval forces-Japan (FDNF-J) aircraft carrier. In 2008, it became the first nuclear-powered aircraft carrier to be forward-deployed to Japan before being relieved by USS Ronald Reagan (CVN 76) in 2015.

“A US carrier represents the most advanced maritime capability we have, and it’s the most advanced investment we can make in the security of Japan and of the Western Pacific,” said Vice Adm. Fred Kacher, Commander, U.S. 7th Fleet. “The George Washington returns with modernized, cutting-edge technology that represents our investment in deterrence and security in this region.”

During George Washington’s transit from Norfolk, Virginia to Japan, the crew completed Exercise Southern Seas in U.S. 4th Fleet and a seven-week transit from San Diego.

“Arriving here in Yokosuka has been a milestone for this crew for many months, and for some the journey started in April when we departed from Virginia,” said Capt. Tim Waits, commanding officer of George Washington. “I could not be more proud of this team. Not only have we arrived safely…

Slower home price growth and more favorable interest rates in third-quarter 2024 buoyed California’s housing affordability from both the previous quarter and a year ago, the CALIFORNIA
Hockey is more than just a sport in Winnipeg; it’s a unifying force. The Winnipeg Jets have a unique ability to bring together people from all walks
PatPat, a global e-commerce leader in affordable family apparel, announced the launch of its highly anticipated 2024 Christmas Pajamas Collection. Designed to bring families together in style,
Alcohol use increased during the COVID-19 pandemic and remained elevated even after the pandemic ended, according to a large nationally representative Keck Medicine of USC studypublished in the Annals

PUBLIC

INTEREST

U.S. Department of Defense Consults With Interagency Partners on Israel-Lebanon Ceasefire Roles
The Ritz Herald

Israel and Lebanon have agreed to a ceasefire which could lead to a cessation of Hezbollah attacks on Israel and the phased withdrawal of Israeli troops from southern Lebanon, according to news reports.

The U.S. Defense Department will play a role in the ceasefire, but there are few details, said…

U.S. Sanctions Five Gulf Cartel Associates for Involvement in IUU Fishing and Criminal Activities
The Ritz Herald

The Department of the Treasury today imposed sanctions on five Mexican individuals associated with the Gulf Cartel, one of Mexico’s most dangerous criminal organizations, for involvement in criminal activities associated with illegal, unreported, and unregulated (IUU) fishing, human smuggling, and narcotics trafficking in the Gulf of Mexico.

Under the Maritime…

CULTURE

NEWS

Ana Franco’s Non-Profit Children’s Book Brings the Hidden World of Data Centers to Life for Kids
By
Technology Reporter
Ana Franco, deeply engaged in the data center industry, has launched a groundbreaking initiative to inspire the next generation of
Goodyear Partners With U.S. Marine Corps Reserve for 14th Annual Toys for Tots Toy Drives Across the Country
By
Health and Wellness Reporter
For the 14th consecutive year, Goodyear (NASDAQ: GT) will host toy drives, in partnership with the U.S. Marine Corps Reserve,
THIS WEEK'S HEADLINES
D’Arcy Sardone 28, Nov 6 mins
6 mins
The Ritz Herald
Secretary of Defense Lloyd J. Austin III video chats with service members for Thanksgiving in Washington, Nov. 26, 2024. © Air Force Senior Airman Madelyn Keech, DOD
Secretary of Defense Lloyd J. Austin III engages with troops worldwide in heartfelt holiday calls

This week, Secretary of Defense Lloyd J. Austin III reached across the globe to connect with service members stationed stateside and deployed abroad. Through video conference and phone calls, he expressed gratitude, shared stories and offered encouragement to troops and their families who have sacrificed the comforts of home while serving their country.

Austin’s 41 years in the Army give him a unique perspective on serving during the holidays, but he noted these tours will create lifelong bonds. He opened each call by inviting service members to introduce themselves, what role they serve in and where they are from.

In every discussion, Austin emphasized that teammates look out for one another, a theme that resonated whether he was speaking with soldiers in Poland, sailors aboard a Navy destroyer or airmen in Qatar.

Austin treated the calls as an opportunity to thank service members for their dedication, delivering a heartfelt message of appreciation on behalf of the nation. “What you’re doing is deeply appreciated,” he told them. ” we can enjoy Thanksgiving in peace and security.”

He also reflected on…

CURRENT EDITION

2 mins
The Ritz Herald
Alaska Air National Guard pilots park an HC-130J Combat King II aircraft at the Bethel Airport flight line in Alaska, Nov. 15, 2024. © Alejandro Peña, National Guard
Alaska National Guardsmen deliver 14,000 pounds of meat to Toksook Bay amid recovery from Typhoon Merbok
By / Associate Writer

Alaska National Guardsmen delivered nearly 14,000 pounds of frozen beef, chicken and pork this month to Toksook Bay, Alaska, helping residents still recovering from losses sustained when Typhoon Merbok flooded thousands of communities in September 2022.

The storm’s impact and ensuing power outages caused vital meat stores to spoil. After Typhoon Merbok, Federal Emergency Management Agency representatives and the rural Alaska community action program worked closely with the Nunakauyarmiut Tribe in Toksook Bay to secure funding to aid the recovery process.

That collaborative effort led to the delivery of thousands of pounds of meat.

The delivery is part of the Defense Department’s innovative readiness training program, which connects U.S. communities in need with military units that can provide services and apply training to real-world situations.

The Alaska Air National Guard transported the frozen meat from Joint Base Elmendorf-Richardson to Bethel, Alaska, via an HC-130J Combat King II, the same aircraft that routinely conducts civil search and rescue missions across the state.

“The Alaska National Guard is well suited to provide assistance of this kind,” Army Maj. James Goddard, the innovative readiness training program manager, said. “We’re the only ones in the state that have fixed-wing aircraft and rotary aircraft that can deliver in a timely manner for a need like this.”

This was not the only successful delivery in Alaska by DOD’s innovative readiness training program. National Guardsmen also have provided aid in the form of medical services, construction, cybersecurity and transportation.

Army Chief Warrant Officer 2 Morgan Osborn, left, a UH-60L Black Hawk...
</p srcset=

By Helen Roscha Published on Nov 28
3 mins
The Ritz Herald
© Łukasz Nieścioruk
The new-vehicle sales pace in November is expected to finish near 16.0 million, equal to last month, and up 0.5 million from last November's 15.5 million pace

New-vehicle sales for November are expected to maintain a steady seasonally adjusted annual rate (SAAR) of 16.0 million, consistent with the sales pace observed in October, according to the Cox Automotive forecast released today. This represents an increase from last November’s SAAR of 15.5 million.

However, the sales volume is expected to reach 1.32 million, a decline of 1.3% from October but a 6.6% increase from one year ago, reflecting the differences in the number of selling days compared to last month and a year ago. There are 26 selling days this month, one less than last month and one more than last year.

According to Charlie Chesbrough, senior economist at Cox Automotive: “With the U.S. election now in the rearview mirror, we may see vehicle sales finish the year in a strong position. With less uncertainty in the market, consumer confidence is moving higher, which will likely increase consumer willingness to buy a new vehicle. Additionally, vehicle affordability is improving, thanks to higher incentives and falling auto loan rates, which increase consumers’ ability to buy.”

Sales Pace Continues to Reflect Improved New-Vehicle Inventory Levels and Higher Incentives

New-vehicle inventory volume topped 3.0 million units at the start of November for the first time since the pandemic, which is higher by more than 677,000 units compared to one year ago. Days’ supply climbed to 85 at the start of November, up two days…

CURRENT EDITION

Massachusetts Faces Significant Wealth and Resident Exodus as Cost of Living Soars, New Study Reveals
A Pioneer Institute study released on Tuesday shows that Massachusetts
Andrew Sobko, BATCH, Spotlighted on New York Stock Exchange TV
New York Stock Exchange TV recently spotlighted the technology-enabled logistics
  • Loading stock data...
The American Council of Life Insurers (ACLI) released a new index that measures middle-class households’ ability to manage financial challenges and plan for a stable future. ACLI’s
Ravoshia ‘Ra-vas-shia’, a musician and author with an interesting and diverse background, is being seen as a creative genius. In 2024, she brought forward a new, unique,
As global tensions rise, the United States confronts a complex and evolving geostrategic landscape, demanding it modernize its strategic nuclear forces. Gen. Anthony J. Cotton, commander of
Leaders from the Biden-Harris Administration, the State of Pennsylvania, and municipal agencies gathered in Philadelphia today to announce that PowerCorpsPHL, in collaboration with Landforce in Pittsburgh, has

EDITOR'S

CHOICE

New Research Creates Roadmap for Understanding Antimalarial Drug Resistance

Geiger / RH
Researchers at University of California San Diego analyzed the genomes of hundreds of malaria parasites to determine which genetic variants are most likely to confer drug resistance. The findings, published

WEATHER

TODAY

RH

NEWSROOM