DENVER, Oct. 30, 2026 /PRNewswire/ --

Third-Quarter 2026 Financial Summary

- Third-quarter net sales of $903.6 million, up 5.6% compared to the prior-year period, including a core sales increase of 5.5%.

- Net income attributable to shareholders of $86.5 million, or $0.34 per diluted share.

- Adjusted Net Income per diluted share of $0.47.

- Net income from continuing operations of $91.6 million, or a margin of 10.1%. 

- Adjusted EBITDA of $215.4 million, or a margin of 23.8%.

- Increasing 2026 guidance.

Gates Industrial Corporation Ltd. (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the third quarter ended September 26, 2026.

Ivo Jurek, Gates Industrial's Chief Executive Officer, commented, "Our team executed well during the third quarter, resulting in mid-single digit sales growth and a significant gross profit margin increase compared to the prior year period. Sales in our Industrial OEM channel increased high-teens and year-over-year growth in our Industrial Aftermarket channel accelerated relative to last quarter."

Jurek continued, "We have raised our 2026 guidance for profitability and adjusted earnings per share. We are on pace to achieve our previously communicated adjusted EBITDA margin target for the second half of 2026 and our balance sheet provides us with significant capital deployment optionality. I appreciate the effort and commitment of the global Gates teams to achieving new records for the company."

Power Transmission Segment Results

Fluid Power Segment Results

2026 Guidance

The Company is raising its full year 2026 financial guidance. The table below reflects our updated full year 2026 financial guidance.

Share-based metrics in the Company's guidance do not include the effect of any potential share repurchases.

Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures, including expected Core Sales Growth, Adjusted EBITDA, Adjusted Earnings per Share and Free Cash Flow conversion for 2026. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results.

Conference Call and Webcast

Gates Industrial Corporation Ltd. will host a conference call today at 10:00 a.m. Eastern Time to discuss the Company's financial results. The live webcast of the conference call and accompanying presentation materials can be accessed through Gates Industrial's website at investors.gates.com. For those unable to access the webcast, the conference call can be accessed by dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation Third-Quarter 2026 Earnings Conference Call or providing the Conference ID of 5772067. An audio replay of the conference call can be accessed by dialing (800) 770-2030 (domestic) or +1 (647) 362-9199 (international), and providing the passcode 5772067, or by accessing Gates Industrial's website at investors.gates.com.

About Gates Industrial Corporation Ltd.

Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse aftermarket channel customers, and to original equipment manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in more than 130 countries across our three commercial regions: the Americas; Europe, Middle East & Africa; and Asia Pacific.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to expectations regarding the performance of the Company's business and financial results, our ability to capitalize on demand, anticipated sales and margin growth, our capital allocation optionality and statements regarding our outlook for 2026. Such forward-looking statements are subject to various risks and uncertainties, including, among others, U.S. policies, actions or legislation (including the imposition of tariffs), economic, political and other risks associated with international operations (including as a result of the ongoing conflicts in the Middle East and their impact on supply chains, such as reduced availability of certain of our production materials and increased supply costs, and economic conditions), availability of raw materials or other manufacturing inputs at favorable prices in sufficient quantities, or at a given time,  changes in our relationships with, or the financial condition, performance, purchasing power or inventory levels of, key channel partners, dependence on the continued operation of our manufacturing facilities, supply chains, distribution systems and information technology systems,  our ability to forecast demand or meet significant increases in demand and market acceptance of new product introductions and innovations. Additional factors that could cause the Company's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended June 27, 2026, each as filed with the Securities and Exchange Commission (the "SEC"), as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

Non-GAAP Financial Measures

This press release includes certain non-GAAP financial measures, which management believes are useful to investors, securities analysts and other interested parties. Management uses Adjusted EBITDA as its key profitability measure. This is a non-GAAP measure that represents EBITDA before certain items that impact comparison of the performance of our business either period-over-period or with other businesses. We use Adjusted EBITDA as our measure of segment profitability to assess the performance of our businesses, and it is used for consolidated Gates as well because we believe it is important to consider our total profitability on a basis that is consistent with that of our operating segments. Adjusted EBITDA margin is Adjusted EBITDA for a particular period expressed as a percentage of net sales for that period.

Management uses Adjusted Net Income as an additional measure of profitability. Adjusted Net Income is a non-GAAP measure that represents net income attributable to shareholders before certain items that impact comparison of the performance of our business, either period-over-period or with other businesses. Beginning with the three months ended June 29, 2024, we revised our definition of Adjusted Net Income to adjust for discrete tax items, which are significant, unusual or infrequently occurring tax items. We have revised the prior period amounts to conform to our current period presentation.

Management uses Adjusted Gross Profit as an additional measure of operating performance. Adjusted Gross Profit is a non-GAAP measure that represents gross profit before certain items that impact the comparability of our results, such as restructuring costs and inventory adjustments, specific to the remeasurement of certain inventories on a Last-in-First-out ("LIFO") basis. Adjusted Gross Profit margin is Adjusted Gross Profit expressed as a percentage of net sales. We use Adjusted Gross Profit and Adjusted Gross Profit margin because they provide insight into the underlying profitability of our core operations by excluding items that are not indicative of ongoing business performance.

Core sales is a non-GAAP measure that represents net sales for the period excluding the impacts of movements in average currency exchange rates and the first-year impacts of acquisitions and disposals, when applicable. Core sales growth is the change in core sales expressed as a percentage of prior period net sales. We present core sales growth because it allows for a meaningful comparison of year-over-year performance without the volatility caused by foreign currency gains or losses, or the incomparability that would be caused by the impact of an acquisition or disposal.

Management uses Free Cash Flow to measure cash generation. Free Cash Flow is a non-GAAP measure that represents net cash provided by operations less capital expenditures.

ABU DHABI, UAE, Oct. 30, 2026 /PRNewswire/ -- Falcon Capital Investments Limited ("Falcon Capital"), part of the Falcon Family Office Group, is investing in Pont Capital; and will become a strategic shareholder in this London-based energy and natural resources investor.

Pont Capital invests across private and public markets in the sectors now reshaping the global economy: traditional energy, low-carbon power, sustainable infrastructure, and the critical minerals that will drive the next industrial era.

Energy is entering a new supercycle. Power demand is rising with electrification and the growth of data centres, energy security is commanding a premium again, and supply of critical minerals is tightening - these pressures are set to redirect global capital for decades.

This investment gives Falcon Capital a strategic position in that shift, alongside a specialist team with strong sector conviction and privileged access to opportunity. Above all, it puts the group's founding purpose, bridging West and East, to work where it matters most: in the resources that will power the world's next chapter.

SOURCE Falcon Capital Investments Limited

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Kelly Hermann presented sessions on governance, documentation and institutional strategies that support equitable learning experiences

PHOENIX, Oct. 30, 2026 /PRNewswire/ -- Kelly Hermann, vice president of Accessibility and Student Affairs at University of Phoenix, recently presented two sessions at the WCET Annual Conference, sharing strategies and lessons learned to help higher education institutions strengthen digital learning practices and support equal access for learners.

WCET, the WICHE Cooperative for Educational Technologies, focuses on the practice, policy and advocacy of digital learning in higher education. The three-day conference, held Oct. 14-16, brought together higher education professionals to share advances in digital learning practices and explore emerging policy challenges facing colleges, universities and other organizations.

Building sustainable digital learning practices

Hermann co-presented the preconference workshop, "Making Accessibility Defensible: What to Document and Why," which explored sustainable practices for supporting students with disabilities across digital learning environments, course materials and support services.

The session examined approaches for building and maintaining programs that support governance, audit readiness and consistent decision-making. Attendees discussed common forms of documentation institutions use to support accessibility efforts, including Voluntary Product Accessibility Templates (VPATs), procurement records, review workflows, remediation plans, compliance plans and institutional policies. The workshop also offered practical guidance for integrating accessibility evidence and documentation into instructional design and digital learning operations.

"Accessibility is an ongoing commitment that requires institutions to pair sustainable practices with collaboration across academic, instructional design and technology teams," said Hermann. "These sessions provided an opportunity to share lessons learned and practical approaches that can help institutions strengthen accessibility efforts while supporting the needs of all learners."

Lessons learned from cross-functional collaboration

Hermann also co-presented the session, "Accessibility: Lessons Learned and Experiences Shared," which highlighted the work of cross-functional teams supporting accessibility initiatives at higher education institutions.

The session encouraged participants to exchange experiences, discuss challenges and explore strategies for ensuring digital content can be accessed by all users. Discussions also examined lessons learned through accessibility initiatives and opportunities for continued collaboration to support accessibility efforts across the higher education digital learning community.

Supporting equitable learning experiences

The presentations reflected ongoing efforts across higher education to strengthen practices that support equitable access to educational content, digital learning environments and student services. Through her presentations, Hermann shared approaches institutions can use to support governance, cross-functional collaboration and continuous improvement efforts that benefit learners.

About Kelly Hermann

As vice president of Accessibility and Student Affairs University of Phoenix, Hermann oversees the University's accessibility initiatives, including the evaluation and remediation of curricular resources, the Center for Access, Resources, Engagement and Support Services (CARES), and the Office of Collaborative Learning and Educational Engagement. Her leadership supports efforts to foster a welcoming educational environment for students, faculty and staff.

Hermann's leadership in accessibility and inclusive learning is broadly recognized throughout the education technology community. She co-authored a chapter on accessibility in Leading the eLearning Transformation of Higher Education and has contributed to publications and resources developed by Anthology, D2L, WCET and the Online Learning Consortium, as well as other leading educational publications. Hermann has also received global recognition as a 1EdTech Leader for her work in creating open, trusted, and innovative digital ecosystems that power learner potential.

Hermann is a key member of University of Phoenix's dynamic leadership team, frequently invited to share their expertise at prestigious national conferences and events. In 2026, University leaders will participate in the ASU + GSV Summit, 1EdTech Learning Impact Conference, SXSW EDU Conference, and PESC Data Summit. These engagements underscore the University's commitment to innovation and thought leadership in higher education, providing valuable insights and fostering collaborations that drive the future of learning.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor's and master's degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu.

SOURCE University of Phoenix

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TORONTO, Oct. 30, 2026 /PRNewswire/ -- Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading technology innovator providing next-generation, AI-driven Intelligent Transportation System ("ITS") solutions, today announced that it has repaid in full the CAD $57.5 million aggregate principal amount of its 6.0% convertible unsecured subordinated debentures (the "Convertible Debentures"), together with all accrued and unpaid interest thereon, on their maturity date of October 30, 2026.

The Convertible Debentures will be delisted from the Toronto Stock Exchange, where they traded under the symbol QTRH.DB (CUSIP 747713AA3), effective at the close of markets on October 30, 2026. Payment for the Convertible Debentures was processed through Computershare Trust Company of Canada, as debenture trustee.

About Quarterhill

Quarterhill is a global leader in the Intelligent Transportation System (ITS) industry, advancing mobility through smart infrastructure solutions that reduce congestion, improve roadway safety, and create more sustainable travel. Each year, Quarterhill's platforms process billions of transactions, perform compliance and safety inspections on millions of commercial vehicles, and enable transportation agencies worldwide to optimize thousands of lanes of traffic to improve travel for everyone. Leveraging advanced artificial intelligence and machine learning technologies, Quarterhill's platform delivers automation and predictive insight to help agencies manage transportation networks more efficiently. By working in close partnership with governments, communities, and industry leaders, Quarterhill is building today's connected roadways while shaping the next generation of intelligent, resilient mobility. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information, please visit: www.quarterhill.com.

SOURCE Quarterhill Inc.

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TBC mischief 1 generates video 5x faster than its base model and is the lowest-priced image-to-video model on two leading AI marketplaces

SAN FRANCISCO, Oct. 30, 2026 /PRNewswire/ -- The Biological Computing Co. (TBC), an applied biological computing company that uses living neurons to improve AI models, today launched TBC mischief 1, an AI video model that generates video 5x faster than its base model. Available on fal and OpenRouter, mischief 1 is the lowest-priced image-to-video model on both marketplaces, enabling video creators and developers to experiment with more ideas, faster and for less.

The launch marks a major step in bringing discoveries from living neurons into commercial AI. mischief 1 is faster and cheaper because of efficiencies TBC discovered in living neurons and applied directly to the model. Just five weeks after announcing its collaboration with Amazon Web Services (AWS) to bring the model to enterprise customers, TBC is extending access to creators and developers through fal and OpenRouter.

Built for how creators actually work

At half a cent per second, a five-second clip costs 2.5 cents, and 100 clips cost $2.50. Creators can test more ideas, compare takes and refine their work within the same budget. For developers, lower generation costs make it easier to build video into products that people can afford to use repeatedly.

Wonder Studios, an AI-native creative studio, tested mischief 1 in its own production workflow.

"Great storytelling comes from refining an idea until it's right, and that's usually the crunch point for time and budget. mischief 1's speed and cost-effectiveness meant we could push the work much further within the same time and more cost effectively," said Justin Hackney, co-founder of Wonder Studios. "That kind of efficiency gives creatives more time for the craft and lets them stay in the flow of an idea. As this approach reaches more advanced models, it could reshape how films and commercials are made, with faster, more efficient generation that finally keeps pace with imagination."

A new source of AI efficiency

Built on Wan 2.2, a widely used open-weight video model, mischief 1 matches its quality while generating video 5x faster and at a fraction of the cost.

"We said we would take discoveries from living neurons all the way to a product anyone can use, and we did it faster than anyone expected," said Alex Ksendzovsky, CEO and co-founder of TBC. "Behind this model is a discovery platform that keeps learning. Every experiment adds to our understanding of how neurons compute and gives us new opportunities to improve AI. Video is our first commercial application. We're already working to bring those discoveries to language and physical AI, with the goal of building more capable models without simply adding more compute."

TBC's discovery platform grows living neurons in the lab, measures how they process information and identifies computational principles that can improve AI. Those discoveries become proprietary software that makes existing models more efficient. The neurons stay in the lab. Customers use software that runs on standard AI hardware and adds less than 0.1% to the base model's parameter count.

TBC is already applying its discovery process to newer open-weight video models, with early results showing greater efficiency gains. Additional applications in language models and physical AI are in development.

"Our first model shows what happens when we learn from biology instead of relying on conventional inference optimization alone," said Jon Pomeraniec, co-founder and COO of TBC. "mischief 1 is our first commercial proof point. The larger opportunity is to apply these discoveries across models and workloads. We're building a platform that can change the economics of AI at scale."

Most efficiency gains in AI today come from a shared set of industry techniques, such as quantization, distillation and caching. TBC's optimizations come from a different source: direct measurements of living neurons. They are derived from biology, not just inspired by it, which makes them hard to replicate.

Availability

TBC mischief 1 is live on fal at https://fal.ai/models/TBC/mischief-1/image-to-video and OpenRouter at https://openrouter.ai/tbc/mischief-1 starting October 30 to mark Mischief Night. Learn more at tbc.co.

About The Biological Computing Co. (TBC)

The Biological Computing Co (TBC) is an applied biological computing company that uses living neurons to improve AI models. TBC makes intelligence radically more efficient by learning from biology. Discoveries in living neurons improve AI models that run on the silicon customers already use. Customers get better AI without changing their infrastructure. Headquartered in San Francisco, TBC is a fast-growing team of neuroscientists, biologists, AI researchers and engineers redefining how the world computes.

Media Contact:

SOURCE The Biological Computing Co.

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SANTA CLARA, Calif., Oct. 30, 2026 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, announced today that it has received notice of an unsolicited "mini-tender" offer from Tutanota LLC ("Tutanota") to purchase up to 250,000 shares of Palo Alto Networks' common stock at a price of $450.00 per share in cash. The offer represents approximately 0.03% of Palo Alto Networks' outstanding common stock.

Palo Alto Networks does not endorse Tutanota's unsolicited mini-tender offer and is not affiliated or associated in any way with Tutanota, its mini-tender offer, or the offer documents.

The offer price of $450.00 per share is conditioned upon, among other things, the closing price per share of Palo Alto Networks' common stock exceeding $450.00 per share on the last trading day before the offer expires. This means that, unless this condition is waived by Tutanota, Palo Alto Networks stockholders who tender their shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration. Stockholders who have already tendered their shares may withdraw them at any time by providing notice in the manner described in the Tutanota offer documents prior to the expiration of the offer, which is currently scheduled for 5:00 p.m. ET, on Monday, November 2, 2026, unless extended.

As Tutanota's mini-tender offer is for less than 5% of Palo Alto Networks' outstanding shares of common stock, it is not subject to many of the disclosure and procedural requirements of Securities and Exchange Commission ("SEC") rules that are designed to protect investors. The SEC has cautioned investors about mini-tender offers, noting that "some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price." The SEC's cautionary advice to investors regarding these offers is on its website at: https://www.sec.gov/investor/pubs/minitend.htm.

Stockholders should obtain current market quotations for their shares, consult with their broker or financial advisor, and exercise caution with respect to Tutanota's mini-tender offer.

Palo Alto Networks encourages brokers and dealers, as well as other market participants, to review the SEC's letter regarding broker-dealer mini-tender offer dissemination and disclosures at https://www.sec.gov/divisions/marketreg/minitenders/sia072401.htm.

Palo Alto Networks requests that a copy of this press release be included with all distributions of materials relating to Tutanota's mini-tender offer for shares of Palo Alto Networks' common stock.

About Palo Alto Networks

Palo Alto Networks® (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 75,000+ customers and powered by Unit 42® threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com.

Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States or in certain jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.

SOURCE Palo Alto Networks, Inc.

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NEW YORK, Oct. 30, 2026 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Gildan Activewear Inc. (NYSE: GIL) between February 19, 2025 and June 15, 2026, both dates inclusive (the "Class Period"), of the important December 14, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

So what: If you purchased Gildan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Gildan class action, go to https://rosenlegal.com/cases/gildan-activewear-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Gildan did not have adequate internal controls; (2) Gildan used channel stuffing to create an appearance of revenue; and (3) as a result, defendants' statements about Gildan's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Gildan class action, go to https://rosenlegal.com/cases/gildan-activewear-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected] 

www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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Vivek Ramaswamy Unveils His Day One Executive Orders for Ohio

Announcement follows Vivek's pledge earlier this week to launch investigations of local property tax hikes

COLUMBUS, Ohio, Oct. 30, 2026 /PRNewswire/ -- Today, Vivek Ramaswamy announced seven executive orders he will sign on his first day as Governor - on January 11, 2027. On Day One, Vivek will launch investigations into every locality where property taxes have more than doubled since 2020; he will end sanctuary cities across Ohio; pause new data center projects until the General Assembly passes comprehensive data center legislation; crack down on Medicaid fraud; put violent criminals behind bars; root out wasteful bureaucratic spending; and create a new anti-fraud task force to clean up state government.

E.O. #1: Investigate local property tax spikes.

This executive order will direct the Department of Taxation, in consultation with the Auditor of State, to review changes in property taxes in every county, township, municipality, school district, and special district in Ohio, and surface how increased property taxes have been spent. Every jurisdiction that has seen an increase of over 100% in property taxes since 2020 will be subject to a full investigation into spending realities and needs. Vivek recently outlined this commitment here.

E.O. #2: End sanctuary cities across Ohio.

This executive order will prohibit Ohio cities, townships, counties, or other local jurisdictions from adopting policies that would prevent or impede their law enforcement from cooperating with federal immigration authorities. Specifically, if a political subdivision does not honor detainer requests or share information as federal law allows, the local government will lose eligibility for state grants run by executive agencies, including public-safety and homeland-security grants, until it complies. The sanctuary city policy would also be referred for possible legal action.

E.O. #3: Stop new data center projects until comprehensive legislation is signed.

This executive order directs every state agency, board, and commission to pause action on any application, permit, incentive or approval for a new data center to give the General Assembly time to pass comprehensive data center legislation that includes Vivek's non-negotiable principles. Vivek previously outlined his data center legislative priorities here.

E.O. #4: Direct the Department of Medicaid to investigate waste, fraud, and abuse.

This order will direct the Department of Medicaid to apply for a Section 1115 waiver that caps Ohio's Medicaid spending, in line with Tennessee's original TennCare III waiver, which let the state keep up to 55 percent of federal savings when it spent below the cap. Under similar terms more of every dollar of fraud that Ohio stops would return to Ohio, which Vivek previously outlined here.

E.O. #5: Prioritize solving violent crimes to rapidly get criminals off our streets.

This executive order will direct the Departments of Public Safety and of Rehabilitation and Corrections to prioritize violent crime clearance rates in discretionary funding available to support local law enforcement. Tools including advanced forensic science will enable local law enforcement to increase the number of violent crimes solved from the current 34% level to aggressively eliminate violent criminality in Ohio cities.

E.O. #6: Comprehensively review all existing state contracts to root out wasteful spending.

This executive order will order a review of every executive-branch contract paid in-part or in-full from the General Revenue Fund. The Department of Administrative Services, working with the Office of Budget and Management, will review each contract's legal basis, necessity, performance, alternatives, and the cost of ending it versus continuing it, then recommend continuation or termination.

E.O. #7: Establish an inter-agency anti-fraud task force, with direct accountability to the Governor.

This executive order will establish an inter-agency task force, reporting directly to the Governor, focused on combating various forms of fraud including, but not limited to: Medicaid fraud, benefits fraud, and child care fraud; visa fraud; voter registration fraud; trucking fraud; foreign CDL licensure; and abuse of foreign hiring by public entities. The anti-fraud task force will consist of experts from across state government and the private sector and may include representatives from the Auditor of State, Secretary of State, and Attorney General.

About Vivek Ramaswamy

Vivek Ramaswamy is a devoted husband to Apoorva and a proud father of two sons and a daughter. Together, they are raising their family just outside Columbus, embracing the values that shaped Vivek's life. Born and raised in Cincinnati, he learned the importance of hard work, free enterprise, and personal responsibilityâprinciples that have guided his journey. A businessman, entrepreneur, and unapologetic conservative, Vivek is ready to lead Ohio with a bold vision and strong leadership, making our state the best place to live, work, and raise a familyâbuilt on economic freedom, limited government, and individual liberty.   

About Rob McColley

Rob McColley is a man of deep Christian faith, a devoted husband, and a father of three who is running for Lieutenant Governor to help Vivek deliver a bold vision that expands opportunity for every Ohioan. First elected to the Ohio House of Representatives in 2014, Rob has earned a reputation as a principled statesman and effective leader. After serving in both House and Senate leadership positions, Rob was unanimously elected President of the Ohio Senate in January 2025. His strong conservative record includes cutting taxes, reducing government red tape, and ensuring Ohio never again repeats the overreach of the COVID-era shutdowns led by Democrat Amy Acton.   

Paid for by Vivek Ramaswamy and Rob McColley for Ohio

SOURCE Vivek Ramaswamy for Ohio

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We’re on a mission to become the world’s most valued metals and mining business – for the people who invest in us, the people we work and partner with, and the communities around us

Our business

We operate in 35 countries where our 60,000+ employees are working to find better ways to provide the materials the world needs

Our purpose in action

Continuous improvement and innovation are part of our DNA

Innovation

The need for innovation is greater than ever

We supply the metals and minerals used to help the world grow and decarbonise

Iron Ore

The primary raw material used to make steel, which is strong, long-lasting and cost-efficient

Copper

Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity

Aluminium

Lightweight and infinitely recyclable, aluminium is found in everything from jet engines to electric vehicles to mobile phones

Bringing to market materials critical to urbanisation and the transition to a low-carbon economy

Oyu Tolgoi

One of the most modern, safe and sustainable operations in the world

Simandou Project

The world’s largest untapped high-grade iron ore deposit

Western Australia

While iron ore is central to our operations in WA, we have a diverse presence across the state, from salt, lithium, our diamond legacy and our promising copper-gold project

Providing materials the world needs in a responsible way

Climate Change

We’re targeting net zero emissions by 2050

Nature solutions

Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions

Enabling ESG transparency

Our START™ initiative tracks traceability and responsible production of Rio Tinto materials.

We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society

2026 Third Quarter Operations Review

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LONDON 1100 GMT

Underground operations at the Oyu Tolgoi copper mine in Mongolia are being progressively restarted following completion of safety reviews.

A seismic event on 29 October 2026 led to a localised rockfall confined to a temporary storage zone adjacent to the production area, with no structural impact to the cave or its operating infrastructure. Two employees continue to receive treatment for non-life-threatening injuries. Oyu Tolgoi is working closely with the relevant authorities, and continues to support our employees and contractors. ENDS

www.riotinto.com

Category: Oyu Tolgoi

Blitz-Umfrage unter 400 Immobilienprofis: Das erwarten Makler nach der Berlin-Wahl

Zug, Schweiz (ots)

Die Berlin-Wahl ist erst wenige Tage vorbei – doch am Immobilienmarkt zeigen sich bereits erste Reaktionen. Eine aktuelle Erhebung unter 414 Immobilienprofis aus Deutschland, Österreich und der Schweiz zeigt dabei ein überraschendes Bild: Nur 14 Prozent der Befragten halten eine tatsächliche Vergesellschaftung von Wohnungsbeständen in Berlin bis 2031 für wahrscheinlich. Trotzdem erwarten 87 Prozent einen Rückzug von Kapitalanlegern aus Berlin.

“Für einen Immobilienmarkt kann politische Unsicherheit damit zum Problem werden, lange bevor überhaupt ein entsprechendes Gesetz existiert”, erklärt Herausgeber Georg Ortner. Nachfolgend ordnet er die Ergebnisse seiner Blitz-Umfrage ein und erklärt, warum Anleger bereits auf die politische Entwicklung reagieren, welche Veränderungen Berliner Makler seit der Wahl bei Eigentümern und Käufern beobachten und was die neue Unsicherheit für Preise, Neubau und Investitionen in Berlin bedeuten könnte.

Warum Investoren trotz geringer Vergesellschaftungsgefahr zögern

Dass nur wenige Immobilienprofis mit einer tatsächlichen Vergesellschaftung rechnen, überrascht angesichts der rechtlichen Voraussetzungen kaum. Denn die gesetzlichen Hürden sind hoch, und selbst bei einer politischen Entscheidung für entsprechende Maßnahmen wäre mit einem langwierigen Verfahren zu rechnen. Für Investoren spielt allerdings nicht nur die Wahrscheinlichkeit einer Umsetzung eine Rolle, sondern auch die Frage, wie verlässlich sich künftige Rahmenbedingungen einschätzen lassen.

Georg Ortner, Herausgeber des IMMOBILIEN-PROFI und Gründer der Maklersprechstunde, erklärt den scheinbaren Widerspruch: “Ein Risiko können Investoren einpreisen, Unsicherheit nicht.” Während sich bekannte Risiken kalkulieren lassen, erschweren unklare politische Rahmenbedingungen die langfristige Planung. Anleger müssen deshalb nicht zwangsläufig mit einer Vergesellschaftung rechnen, um ihre Investitionen zu überdenken. Stattdessen verschieben sie Entscheidungen oder weichen auf andere Standorte aus, die ihnen mehr Planungssicherheit bieten. Das erklärt auch, warum 87 Prozent der befragten Immobilienprofis einen Rückzug von Kapitalanlegern aus Berlin erwarten.

Berliner Makler berichten von verschobenen Kaufentscheidungen

Die Verunsicherung erreicht inzwischen auch Eigentümer und Kaufinteressenten. Laut der Umfrage beobachten 56 Prozent der Berliner Makler konkrete Kundenreaktionen seit der Wahl. Dabei gehen die Meinungen auseinander: Während manche Eigentümer die politische Entwicklung begrüßen, betrachten andere sie mit Sorge. Wie Ortner berichtet, steht das Thema in Gesprächen mit Eigentümern derzeit weit oben auf der Tagesordnung. Während manche die politische Entwicklung begrüßen, betrachten andere sie mit Sorge. Hinzu kommen unterschiedliche öffentliche Einschätzungen, die es Marktteilnehmern erschweren, die möglichen Konsequenzen für ihre Immobilien einzuschätzen.

Diese Unsicherheit hat nach Beobachtung der befragten Makler bereits praktische Folgen: Kaufentscheidungen und geplante Investments werden aufgeschoben. Statt unmittelbar zu handeln, warten Interessenten zunächst ab, wie sich die politische Situation weiterentwickelt. Ein solcher Aufschub bedeutet allerdings noch keinen endgültigen Rückzug vom Berliner Markt. Wie viele Transaktionen tatsächlich ausfallen, lässt sich aus der Befragung nicht ableiten. Sie zeigt jedoch, dass die politische Diskussion bereits Einfluss auf das Verhalten der Marktteilnehmer nimmt.

Investoren orientieren sich zunehmend an anderen Standorten

Während einige Anleger in Berlin abwarten, gewinnen nach Ortners Beobachtung andere Immobilienmärkte an Bedeutung. Innerhalb Deutschlands nennt er insbesondere Leipzig. Im Ausland rücken vor allem Spanien und Zypern in den Fokus, teilweise auch die USA und Kanada. Für risikobereitere Investoren werde zudem Dubai wieder interessanter. Langfristig könnte diese Entwicklung den Berliner Immobilienmarkt belasten. Denn Kapital, das in andere Städte oder Länder fließt, steht für hiesige Projekte nicht unmittelbar wieder zur Verfügung.

Besonders im Wohnungsneubau, der langfristige Planungs- und Finanzierungsentscheidungen erfordert, könnte sich eine anhaltende Zurückhaltung bemerkbar machen. Allerdings handelt es sich bei den Umfrageergebnissen zunächst um Erwartungen der Immobilienprofis. Ein tatsächlicher Kapitalabfluss in der genannten Größenordnung ist damit nicht nachgewiesen.

Was bedeutet die Unsicherheit für Neubau und Immobilienpreise?

Gerade für Bauträger kommt die politische Unsicherheit zu einem schwierigen Zeitpunkt. Hohe Kaufpreise und Finanzierungskosten erschweren bereits die Umsetzung neuer Wohnungsbauprojekte. Ortner berichtet zudem von Gesprächen mit Berliner Projektentwicklern, die die aktuelle Situation überwiegend kritisch bewerten und alternative Standorte prüfen. Sollten deshalb weniger Neubauprojekte entstehen, könnte sich das Wohnungsangebot langfristig weiter verknappen.

Bei Bestandsimmobilien zeichnet sich dagegen eine andere Entwicklung ab: Nach Ortners Beobachtung entscheiden sich einzelne Eigentümer angesichts der politischen Lage dafür, ihre Immobilien jetzt zu verkaufen. Für die Preisentwicklung sind damit unterschiedliche Szenarien denkbar. Ein größeres Angebot an Bestandsobjekten könnte bei gleichzeitig zurückhaltender Nachfrage den Preisdruck erhöhen. Bleibt der Neubau hingegen hinter dem Bedarf zurück, könnte dies die Wohnraumknappheit langfristig verschärfen.

Fazit:

Wie stark sich diese Entwicklungen tatsächlich auswirken, bleibt abzuwarten. Die Blitz-Umfrage zeigt jedoch bereits, dass politische Unsicherheit Investitions- und Kaufentscheidungen beeinflussen kann – selbst wenn die befürchteten gesetzlichen Veränderungen von den meisten Immobilienprofis für unwahrscheinlich gehalten werden.

Über Georg Ortner:

Georg Ortner ist Herausgeber des Fachmagazins IMMOBILIEN-PROFI sowie Gründer der Maklersprechstunde und der Immobilien-Makler-Akademie (IMA). Mit der Maklersprechstunde bietet er Immobilienprofis aus Deutschland, Österreich und der Schweiz eine Plattform für fachlichen Austausch, aktuelle Marktentwicklungen und praxisnahe Weiterbildung. Weitere Informationen: https://maklersprechstunde.com/

Pressekontakt:

Makler Service AG

E-Mail: office@maklerserviceag.com

Web: https://maklersprechstunde.com/

Original-Content von: Makler Service AG, übermittelt durch news aktuell