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It's rare to talk about a Warren Buffett stock being catapulted higher. Most of the Oracle of Omaha's picks for Berkshire Hathaway ( BRK.A 0.12% ) ( BRK.B -0.01% ) are relatively tame -- even boring -- and not subject to wild swings in either direction. Every now and then, though, even one of Buffett's picks stumbles into an extreme situation that sets the stage for an equally extreme reversal. Take shares of The Kraft Heinz Company ( KHC -0.32% ) as an example. This long-term Berkshire holding has been a disappointing performer for years now. But this stock could be on the cusp of a major, long-lived recovery. Kraft Heinz's overdue overhaul Investors that have kept tabs on consumer staples giant Kraft Heinz for the past few years might not see it. And to be fair, such doubt is understandable. The pairing of Kraft and Heinz back in 2015 simply hasn't produced the synergies it was expected to. Even Buffett himself conceded in 2019 that Berkshire "overpaid for Kraft" when he spurred Heinz to make the deal, acknowledging the lack of payoff that up-ended the stock over the course of the then-prior two years. Shares recovered somewhat during and because of the early days of the COVID-19 pandemic, but haven't budged since then. Neither has its dividend . Unsurprisingly, revenue hasn't improved much during this time frame. There's a reason, however, Warren Buffett has stuck with Berkshire Hathaway's $10 billion, 326-million-share stake in the company despite the stock's and the company's lingering poor performance. That is, there's reason for hope right around the corner. While there's no denying little has gone right for the company for a while now, the stage is set for a drastic improvement in Kraft Heinz's business. Credit the 2023 choice of Carlos Abrams-Rivera as CEO for at least some of this impending change. In February 2024 he laid out a surprisingly detailed plan to reignite the company's growth, first by breaking down Kraft Heinz's three core kinds of products, each of which should be handled with its own unique strategy. For instance, basics like macaroni and cheese (where the company leads the market) should be leveraged for revenue growth, while its smaller business like desserts (where Kraft Heinz isn't dominant) should prioritize its higher profit margins. Innovation is also intentionally ramping up. Pickle-flavored ketchup and "everything" bagel-flavored mac and cheese are just a couple of the twists the company's unveiled during the past few months. Abrams-Rivera's turnaround efforts aren't stopping there, however. Part of his reinvigoration plan also includes the culling of $2.5 billion in unnecessary annual spending by 2027. So far it's cut a little over $1 billion of these targeted expenses. For perspective, The Kraft Heinz Company does about $26 billion worth of business per year. The stage is set even if nobody's watching There's just one glaring problem here...none of this work seems to be helping. Last quarter's organic sales fell 2.2% year over year, for instance, while total food volume sales fell even more. In both cases, last quarter's weakness also extends longer-term trends. Profits aren't exactly improving, either. KHC Revenue (Quarterly) data by YCharts Don't be too quick to jump to conclusions based on these results, though. At least part of the current-but-likely temporary headwind can be chalked up to the economic environment. Consumers are cutting back when and where they can. As Deloitte pointed out in its most recent review of consumer spending within the all-important U.S. market, despite five straight months of improvement, as of October 2024 spending is weaker than it was at the same point of pandemic-crimped 2021. Less affluent consumers that are more likely bargain-shop and cook at home are particularly strained, too. But there's hope on the horizon. Goldman Sachs believes the U.S. economy is poised to beat expectations in the coming year by expanding to the tune of 2.5%, And in September, The Conference Board highlighted that worker compensation budgets for 2025 were rolling in 3.9% above 2024's levels, versus 2024's more modest 3.8% increase. Interest rate cuts are looming, too, even if not as aggressively as expected just a couple of months ago. Connect the dots. Consumers should be at least in slightly better financial shape in the foreseeable future. Then there's the other critical detail to keep in mind about Kraft Heinz here. That is, many of Abrams-Rivera's initiatives haven't yet had ample time or opportunity to produce meaningful results. While Morningstar 's Erin Lash recently conceded the company "hasn't been immune to the weakening consumer narrative," she also argues that "the pursuit of efficiencies that prove lasting, brand spending elevation (marketing and product innovation), enhancement of its capabilities (category management and e-commerce), and scale leverage to more nimbly respond to changing market conditions" should allow Kraft Heinz to drive modest sales gains that will in turn restore its pre-pandemic profit margins. It's just going to take a little more time -- perhaps into next year -- to achieve and prove this traction. Morningstar rates the stock at five stars in the meantime...its most bullish rating. At this price, more reward than risk There's certainly no guarantee the planets will proverbially align for Kraft Heinz in 2025, or that most investors will see it if and when that happens; some investors can't look past the stagnant dividend anyway. From an honest risk-versus-reward lens, though, there's more upside on tap than downside here, especially in light of the fact that Kraft Heinz shares recently reached a multiyear low for all the wrong reasons (like last quarter's lackluster results). This is a company that's still in transition. Yet this overhaul is nearly done at a point the economic backdrop could take a serious and seemingly unlikely turn for the better. Expect it when you least expect it. Once enough investors realize the tide's taken a turn for the better, it could spark a major self-fueling rally that gathers steam on the way up. Or this might help convince you to take a shot: For all of the arguments not to own Kraft Heinz at this time, it's telling that Buffett's Berkshire Hathaway is still sitting on this underperforming stock. Maybe it's the reliable dividend, even if it's not growing. Even more telling is the fact that he's chosen to stick with it when he's been willing to shed stakes in bellwether companies like Apple and Bank of America . You might want to take this subtle hint on its own merits.The story begins in a small village in rural China, where the protagonist was born to a loving family. Tragically, his peaceful existence was shattered when he was abducted at a tender age of 5. Sold into forced labor, he endured years of hardship and mistreatment before managing to escape and find his way to a nearby city. Despite the odds stacked against him, he displayed remarkable resilience and determination, eventually making his way to the United States to pursue his academic dreams.123 jili super ace 。

Angels gunning for home win in ACL 2

GREEN LAKE, Wis. (AP) — A Wisconsin man who faked his own drowning this summer and left his wife and three children has been located in Eastern Europe and is communicating with law enforcement, but he has not committed to returning home, authorities said. Ryan Borgwardt began communicating with authorities Nov. 11, after they tracked him down, Green Lake County Sheriff Mark Podoll said Thursday. The sheriff showed a video that Borgwardt sent police that day from an undisclosed location. The sheriff said no charges have been filed and that he doesn't think they will be necessary while authorities “keep pulling at his heartstrings” to come home. Here are some things to know about Borgwardt and his disappearance: Borgwardt, who is in his mid-40s, lived with his wife and children in Watertown, a city of about 23,000 people northwest of Milwaukee that is known for its German heritage, parochial schools and two dams on the Rock River. The sheriff has said his department was told Aug. 12 that Borgwardt had not been heard from since the previous day, when he traveled about 50 miles (80 kilometers) from home to Green Lake to go kayaking. Borgwardt’s wife said he texted her at 10:49 p.m. to say he was heading to shore. Deputies found Borgwardt’s vehicle and trailer near Green Lake. His kayak was discovered on the lake, overturned and with a life jacket attached to it, in an area where the water is about 200 feet (60 meters) deep. An angler later found Borgwardt’s fishing rod. The search for his body continued for more than 50 days, with divers scouring the lake on several occasions. Clues — including that he reported his passport lost or stolen and obtained a new one a few months before he disappeared — led investigators to speculate that he made it appear that he had drowned to go meet a woman he had been communicating with in the Central Asian country of Uzbekistan. Podoll declined to comment when asked what he knew about the woman, but he said law enforcement contacted Borgwardt “through a female that spoke Russian.” His identity was confirmed through asking him questions that the sheriff said only Borgwardt would know and by a video he made and sent them Nov. 11. He has spoken with someone from the sheriff's department almost daily since. However Podoll said Thursday that Borgwardt's exact location in Eastern Europe was not known. Podoll said Chief Deputy Matt Vande Kolk has been the one communicating with Borgwardt and their conversations have all taken place via email. Vande Kolk told The Associated Press in an email Friday that authorities are trying to determine Borgwardt's exact location. But that might not be easy even with modern surveillance technology. Scott Shackelford, executive director of the Center for Applied Cybersecurity Research at Indiana University, said authorities should be able to locate Borgwardt through his device's internet protocol address, a unique number assigned to every device connected to the internet. But he said it's very easy to mask an IP address and make it appear as if the device is in one country when it's really in another. Software exists that can route your IP address across the globe, Shackelford said. Police may not have the expertise, the manpower or any interest in digging through multiple layers of cyber deception, he said. Wearing an orange T-shirt, Borgwardt, unsmiling, looks directly at the camera, apparently filmed on a cellphone. Borgwardt says he is in his apartment and briefly pans the camera, but mostly shows a door and bare walls. “I’m safe and secure, no problem,” he says. Borgwardt has told authorities he overturned his kayak on the lake, dumped his phone in it and paddled an inflatable boat to shore. He told authorities he chose Green Lake because it is Wisconsin's deepest at 237 feet (over 72 meters). He then rode an electric bike stashed by a boat launch about 70 miles (110 kilometers) through the night to Madison, the sheriff said. From there, by Borgwardt's account, he traveled by bus to Detroit and then Canada, where he boarded a plane. Police are still verifying Borgwardt’s description of what happened, Podoll said. Borgwardt faked his death and fled because of “personal matters,” thinking it was the right thing to do, the sheriff said. Investigators found that he took out a $375,000 life insurance policy in January for his family. “He was just going to try and make things better in his mind, and this was the way it was going to be,” Podoll said. Borgwardt has not yet decided to return home, and if he does it will be of his own free will, according to Podoll. Deputies are stressing to him the importance of returning home and cleaning up the mess he made. The sheriff suggested that Borgwardt could be charged with obstructing the investigation into his disappearance, but so far no counts have been filed. The search for Borgwardt, which lasted more than a month, is said to have cost at least $35,000. Borgwardt told authorities that he did not expect the search to last more than two weeks, Podoll said, and his biggest concern is how the community will react to him if he returns. This story was updated to correct the spelling of Scott Shackelford’s last name, which had been misspelled “Shackleford.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Receive the latest in local entertainment news in your inbox weekly!As he delved deeper into his search for his biological family, the protagonist uncovered startling revelations about his past, including the heart-wrenching truth that he had been kidnapped not once, but twice more after his initial abduction as a child. Each time, he had managed to break free, a testament to his indomitable spirit and unwavering determination.

By Times Chronicle Staff Osoyoos Fire Rescue (OFR) responded to a structure fire in the industrial area on Monday Dec. 2, rolling four apparatus and 16 firefighters to the emergency call which was received at 10:52 p.m. “Upon the arrival of the Command Vehicle, we discovered a two story, residential/commercial structure with smoke and fire showing,” the OFR said in a social media post. “On arrival of the first Engine, Firefighters stretched lines to contain the fire to the room of origin. Crews were able to make their way through the structure to extinguish the blaze and conduct searches.” Once the scene was cleared, crews and equipment were back in the firehall to resume service by 3:30 a.m.

In conclusion, the "Spring Dawn Plan" represents a transformative initiative that is reshaping the industrial belt industry and empowering merchants to achieve unprecedented success. By embracing innovation, leveraging technology, and putting the customer first, the plan has demonstrated the immense potential for growth and prosperity in the new economy.Jim Harbaugh and Chargers focused on accomplishing more after wrapping up playoff berth

In conclusion, Yao Ming's journey to potential Hall of Fame status serves as a testament to the power of basketball to unite people from diverse backgrounds and inspire future generations of athletes. As the basketball community eagerly anticipates the next chapter in Yao Ming's storied career, one thing remains certain: his impact on and off the court will continue to resonate for years to come.

The trend of gastric cancer affecting younger individuals underscores the importance of early detection and prevention efforts. Education on healthy lifestyle choices, including a balanced diet and regular exercise, can help reduce the risk of stomach cancer. Screening programs targeting high-risk individuals, such as those with a family history of gastric cancer, can aid in early detection and treatment.

Suella Braverman's husband set to defect to Farage's Reform in new scalp from the Conservative Party - and insiders predict she will follow next year By ANNA MIKHAILOVA Published: 23:37 GMT, 7 December 2024 | Updated: 23:55 GMT, 7 December 2024 e-mail View comments Nigel Farage is poised to announce another scalp from the Conservative Party . Westminster has been awash with speculation that the former home secretary Suella Braverman is poised to defect to Reform UK. But The Mail on Sunday can reveal that it is her husband, Rael, who is about to be unveiled as the party’s latest recruit. It is understood that Mr Braverman, a businessman known in Tory party ranks, will become a senior campaigner for Mr Farage on defending farmers. Insiders said the move comes after secret discussions between Mrs Braverman and the Reform leader Mr Farage, and will only intensify speculation that she will be next to cross the floor and join the ranks of Reform. A senior Tory source said: ‘She will watch and wait for a year or 18 months before deciding to follow suit’, while another said: ‘Suella will definitely be going over at some point.’ Last night Mrs Braverman said: ‘I am not defecting.’ Asked about her husband joining Reform, she told the MoS: ‘This is the 21st century and not the 18th, my husband does not speak for me nor does he control my political affiliations.’ A Reform source said: ‘Nigel thinks he will be a good activist.’ It follows defections last week of former Tory MP Andrea Jenkyns and Boris Johnson ’s former adviser Tim Montgomerie, who founded the Conservative Home website. Suella Braverman's husband, Rael, is about to be unveiled as the Reform party’s latest recruit Insiders said the move comes after secret discussions between Mrs Braverman and the Reform leader Nigel Farage Last week Mr Farage told a gathering of the Westminster establishment at the Spectator’s Parliamentarian of the Year awards: ‘At the next election in 2029 there will be hundreds of newcomers under the Reform UK label' Last week Mr Farage told a gathering of the Westminster establishment at the Spectator’s Parliamentarian of the Year awards: ‘At the next election in 2029 there will be hundreds of newcomers under the Reform UK label. We are about to witness a political revolution the likes of which you’ve not seen since Labour after the First World War.’ His MPs are increasingly ‘bullish’ about their prospects, after Reform overtook Labour in a voting intention poll for the first time last week, pushing Labour into third place. It prompted Reform chairman Zia Yusuf to declare that the party would win the next general election. Read More We'll stand a Reform candidate in EVERY Holyrood constituency in 2026, vows Farage The party’s chief whip Lee Anderson - who defected from the Tories in March - has been meeting Conservatives who lost their seats in the election and urging them to jump ship. ‘He says - it is only going one way from now on,’ one said. Mr Yusuf has said the party now has 105,000 members in 400 branches. The party is gaining support in Wales ahead of the 2026 Senedd elections, while Ms Jenkyns is seen as having a decent chance of becoming Greater Lincolnshire mayor in May. Mr Braverman works as a finance manager at Mercedes. He was born in South Africa and moved to the UK as a child. He proposed to Mrs Braverman in 2017 while on holiday in Cyprus. After they were introduced by mutual friends, she invited him for a day in Parliament. Mr Braverman said last year: ‘As far as first dates go it was certainly an unusual one, but I’ve always been interested in politics so I went along with it. ‘I thoroughly enjoyed it and we agreed to meet up again. We had our first “proper” date a few weeks later and it all took off from there.’ Mrs Braverman has previously said her husband is her biggest supporter, helping her campaign in general elections and for Brexit. While Home Secretary, the MP for Fareham and Waterlooville frequently made headlines for her tough stance on migration, policing and criticism of pro-Palestinian ‘hate marches’. After the general election, Mrs Braverman said the Tories must woo back Reform voters, and that the party poses an ‘existential threat’ to the Conservatives. The views are privately echoed by Tories who express doubts about Kemi Badenoch’s leadership. Some are calling on her to ‘pick a fight’ with the centrist ‘One Nation’ Conservative MPs. Conservatives Suella Braverman Nigel Farage Share or comment on this article: Suella Braverman's husband set to defect to Farage's Reform in new scalp from the Conservative Party - and insiders predict she will follow next year e-mail Add commentBy Suleiman Al-Khalidi, Timour Azhari and Jaida Taha AMMAN/BEIRUT/CAIRO (Reuters) -Syrian rebels announced on state television on Sunday that they have ousted President Bashar al-Assad, eliminating a 50-year family dynasty in a lightning offensive that raised fears of a new wave of instability in a Middle East gripped by war. Syria's army command notified officers on Sunday that Assad's regime had ended, a Syrian officer who was informed of the move told Reuters. But the Syrian army later said it was continuing operations against "terrorist groups" in the key cities of Hama and Homs and in Deraa countryside. Assad, who had crushed all forms of dissent, flew out of Damascus for an unknown destination earlier on Sunday, two senior army officers told Reuters, as rebels said they had entered the capital with no sign of army deployments. "We celebrate with the Syrian people the news of freeing our prisoners and releasing their chains and announcing the end of the era of injustice in Sednaya prison," the rebels said, referring to a large military prison on the outskirts of Damascus where the Syrian government detained thousands. Thousands in cars and on foot congregated at a main square in Damascus waving and chanting "Freedom" from a half century of Assad family rule, witnesses said. The dramatic collapse also marks a seismic moment for the Middle East, dealing a massive blow to Russia and Iran, which have lost a key ally at the heart of the region and creating more uncertainty as the Gaza war rages. The pace of events has stunned Arab capitals and raised fears of a new wave of regional instability. It marks a turning point for Syria, shattered by more than 13 years of war which has turned cities to rubble, killed hundreds of thousands of people, and forced millions abroad as refugees. Stabilising western areas of Syria captured in the rebels' advance will be key. Western governments, which have shunned the Assad-led state for years, must decide how to deal with a new administration in which a globally designated terrorist group - Hayat Tahrir al-Sham (HTS) - looks set to have influence. HTS, which spearheaded the rebel advances across western Syria, was formerly an al Qaeda affiliate known as the Nusra Front until its leader Abu Mohammed al-Golani, severed ties with the global jihadist movement in 2016. "The real question is how orderly will this transition be, and it seems quite clear that Golani is very eager for it to be an orderly one," said Joshua Landis, a Syria expert and Director of the Center for Middle East Studies at the University of Oklahoma. Golani will not want a repeat of the chaos that swept Iraq after U.S.-led forces toppled Saddam Hussein in 2003. "They are going to have to rebuild ... they will need Europe and the U.S. to lift sanctions," Landis said. HTS is Syria's strongest rebel group and some Syrians remain fearful it will impose draconian Islamist rule or instigate reprisals. A Syrian Air plane took off from Damascus airport around the time the capital was reported to have been taken by rebels, according to data from the Flightradar website. The aircraft initially flew towards Syria's coastal region, a stronghold of Assad's Alawite sect, but then made an abrupt U-turn and flew in the opposite direction for a few minutes before disappearing off the map. Reuters could not immediately ascertain who was on board. Two Syrian sources said there was a very high probability that Assad may have been killed in a plane crash as it was a mystery why the plane took a surprise U turn and disappeared off the map according to data from the Flightradar website. "It disappeared off the radar, possibly the transponder was switched off, but I believe the bigger probability is that the aircraft was taken down...," said one Syrian source without elaborating. As Syrians expressed joy, Prime Minister Mohammad Ghazi al-Jalali said the country should have free elections so Syrians can choose who they want. But that would require a smooth transition in a country with complex competing interests, from Islamists to groups with links to the United States, Russia and Turkey. Jalali also said he had been in contact with rebel commander Abu Mohammed al-Golani to discuss managing the current transitional period, marking a notable development in efforts to shape Syria's political future. Jordan affirmed on Sunday the importance of preserving the stability and security of Syria, the state news agency reported. U.S. President Joe Biden and his team were monitoring the "extraordinary events in Syria" and were in touch with regional partners, the White House said. Syria's civil war, which erupted in 2011 as an uprising against Assad's rule, dragged in big outside powers, created space for jihadist militants to plot attacks around the world and sent millions of refugees into neighbouring states. The frontlines of Syria's complex civil war were dormant for years. Then Islamists once affiliated with Al Qaeda suddenly burst into action, posing the biggest challenge to Assad, who had survived years of gruelling war and international isolation with the help of Russia, Iran and Lebanon's Hezbollah. But Assad's allies were focussed on and weakened by other crises, leaving Assad at the mercy of his opponents with an army that was not prepared to defend him. Israel, which has severely weakened the Iran-backed groups Hezbollah in Lebanon and Hamas in Gaza, will likely celebrate the fall of Assad, another of Iran's key regional allies. But the prospects of an Islamist group ruling Syria will likely raise concerns. Thousands of Homs residents poured onto the streets after the army withdrew from the central city, dancing and chanting "Assad is gone, Homs is free" and "Long live Syria and down with Bashar al-Assad". Rebels fired into the air in celebration, and youths tore down posters of the Syrian president, whose territorial control has collapsed in a dizzying week-long retreat by the military. The fall of Homs gave the insurgents control over Syria's strategic heartland and a key highway crossroads, severing Damascus from the coastal region that is the stronghold of Assad's Alawite sect and where his Russian allies have a naval base and air base. Homs' capture is also a powerful symbol of the rebel movement's dramatic comeback. Swathes of Homs were destroyed by gruelling siege warfare between the rebels and the army years ago. The fighting ground down the insurgents, who were forced out. Rebels freed thousands of detainees from the city prison. Security forces left in haste after burning their documents. The head of Kurdish-led Syrian Democratic Forces Mazloum Abdi said on Sunday on X: “We are witnessing historic moments in Syria as the authoritarian regime in Damascus falls. This change presents an opportunity to build a new Syria founded on democracy and justice, ensuring the rights of all Syrians.” (Reporting by Suleiman al-Khalidi in Damascus, Timour Azhari in Beirut, Jaidaa Taha and Adam Makary in Cairo, Clauda Tanios and Nadine Awadallah in Dubai; Phil Stewart, Idrees Ali, Trevor Hunnicutt in Washington; Writing by Angus McDowall, Matt Spetalnick, Michael Perry and Michael Georgy; Editing by Cynthia Osterman and William Mallard)Xu Limin's comments highlight the importance of perseverance and continuous self-improvement in the world of sports. As a coach, Xu Limin understands the value of pushing players to their limits, challenging them to overcome obstacles, and guiding them towards success.

As Tetze continues his recovery and prepares to make his long-awaited return to competitive action, all eyes will be on him to see how he performs. The forward's ability to score goals and create opportunities for his teammates has been sorely missed in his absence, and his return is sure to provide a much-needed boost to Bayern's title ambitions.One of the main drivers of the AI Big Model Shuffle Year is the emergence of large-scale AI models, such as OpenAI's GPT-3, that have demonstrated remarkable capabilities in tasks such as natural language processing, image recognition, and machine translation. These models, which contain billions of parameters and require massive amounts of computational power to train, have raised the bar for AI performance and set new benchmarks for what is possible with AI technology.

The comments were met with swift backlash from supporters of Zelensky, who defended the president's right to dress as he pleases and criticized the advisor for focusing on superficial matters rather than substantive issues. Many pointed out that Zelensky's down-to-earth style of dressing resonates with the Ukrainian people and sets him apart from more traditional politicians.

However, the hospitality industry is highly competitive, and success in running a hotel in a county town is not guaranteed. Entrepreneurs need to consider various factors that can impact the profitability of their business, such as location, target market, competition, and marketing strategy. In county towns, the seasonality of tourism and the fluctuating demand for accommodation can pose challenges for hoteliers in maintaining a steady stream of revenue.

In conclusion, the appointment of Mike Phelan at Plymouth Argyle represents a significant moment in the club's history. With the experienced coach teaming up with his former colleague Wayne Rooney, the future looks bright for Plymouth as they set their sights on achieving greatness. Together, Phelan and Rooney have the potential to take the club to new heights and create a legacy that will be remembered for years to come.Asteroid nearly hits Earth in Siberia, with a 2nd massive asteroid passing this weekProperty developers in Guizhou are capitalizing on the growing demand for housing upgrades and affordable homes by launching new residential projects that cater to different segments of the market. From high-end luxury apartments to budget-friendly condominiums, developers are offering a wide range of options to meet the diverse needs and preferences of homebuyers in Guiyang.