Compass Minerals To Divest South America Specialty Plant Nutrition Business To ICL Brasil

Top lawyer whose dog mauled seal apologises and 'wishes pet had been on lead'

Opinion: Zion Williamson is not same player as LeBron James, but still is becoming a generational talent

The NBA star has defied conventional wisdom with his ability to master qualities that few players can do.

He has the size of a big man. He also has point-guard skills. He can dominate against almost any opponent. He also receives the most joy when he empowers those around him.

“My teammates trust in me to go out there and be who I am and try to make the right play,” New Orleans Pelicans forward Zion Williamson said. “But ultimately, I think it’s the confidence level. I never want to let my teammates down. So I always try to hunt for the best shot and hunt for the best play.”

That sounds like something Los Angeles Lakers star LeBron James would say and do. For 18 NBA seasons, James has collected four NBA championships, four Finals MVP’s and four regular-season MVPs by mastering all of those qualities.  

Yet, it would be a stretch to say that Williamson will develop into the same kind of player that James has become.

Paralysed lamb gets new lease of life with help of modified dog wheelchair

Why China is so far ahead of the U.S. in electric vehicle production

The global electric vehicle market is heating up, and China wants to dominate. It has invested at least $60 billion to support the EV industry and it's pushing an ambitious plan to transition to all-electric or hybrid cars by 2035.

Tesla entered the Chinese market in 2019 and has seen rapid growth.

China sold roughly 1 million more EVs than the U.S. in 2020, according to EV Volumes. But there are signs that U.S. is getting more serious about going electric. President Joe Biden announced a goal to reach net-zero emissions by 2050 and investments in green infrastructure. General Motors announced plans to exclusively offer electric vehicles by 2035.

Watch the video to find out how China came to dominate the market and whether it's too late for the U.S. to catch up.

Shepard Smith Laments The Never-Ending Tide Of Mass Shootings In America

CNBC’s Shepard Smith on Tuesday repeated the same phrase multiple times to ram home the point that mass shootings are a “uniquely American” phenomenon that tragically shows no signs of slowing down.

“Yet again in America,” the news anchor said over and over during a segment centered on this week’s Boulder, Colorado, shooting where 10 people were murdered at a grocery store. The killing spree came less than a week after a gunman opened fire at three massage spas in the Atlanta area and murdered eight people, including six women of Asian descent.

“Yet again in America, innocent families are slumped to their knees in grief, waiting a day later to receive the bullet-riddled bodies of their children and parents, spouses and siblings, slaughtered in senseless gun violence,” the former Fox News host said.

“Yet again in America, we search our souls for answers, beg our leaders for solutions that thus far have not come,” Smith continued, later adding, “Each time we hear kids cry, parents pray and politicians promise and then it happens again in America.”

Watch the full video here:


Worthington Q3 Earnings Rise, Revenue Down- Quick Facts

Metals manufacturing company Worthington Industries, Inc. (WOR) on Wednesday reported third-quarter net income attributable to controlling interest of $67.6 million or $1.27 per share, higher than $15.3 million or $0.27 per share in the comparable quarter last year.

Earnings benefited from good results in steel processing, pressure cylinder segments and the company’s joint ventures.

Adjusted net income was $72.3 million or $1.36 per share, compared to $36 million or $0.64 per share in the year-ago quarter.

Third-quarter net sales fell 1 percent to $759.1 million from $764 million in the same period last year. The decline was due to lower sales in the oil and gas equipment business within Pressure Cylinders segment.

The company reported operating income of $49.8 million in the quarter, compared to an operating loss of $1.39 million in the previous-year period.

Compass Minerals To Divest South America Specialty Plant Nutrition Business To ICL Brasil

Essential minerals firm Compass Minerals (CMP) announced Wednesday it has entered into a definitive agreement to sell its South America specialty plant nutrition business to ICL Brasil Ltda., a subsidiary of ICL Group.

The transaction agreement provides for total potential gross cash proceeds of approximately $418 million based on current exchange rates.

Under the terms of the agreement, Compass Minerals will sell its South America specialty plant nutrition business for approximately R$2.21 billion, payable at closing and subject to adjustments for net debt and working capital.

An additional earn-out consideration of up to approximately R$88 million is also payable in 2022, calculated on a sliding-scale

Compass Minerals intends to prioritize the use of proceeds to pay down debt in addition to other corporate purposes.

The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions and required antitrust approval in Brazil.