The Dodge Challenger is America's best selling sports car … again

Can you say repeat?

The Dodge Challenger was the best-selling two-door American sports car for the second-year running in 2022.

The burly two-door left the competition in the dust with 55,060 deliveries, an increase of 1% over 2021.

The Ford Mustang was down 8.4% and finished a distant second with 40,446 sold as the brand geared up to launch a redesigned car this year.

DODGE’S MUSCLE CAR IS BRINGING BACK THIS OLD-SCHOOL FEATURE FOR ONE LAST TIME IN 2023

The Dodge Challenger was the best-selling two-door American sports car in 2022.

The Dodge Challenger was the best-selling two-door American sports car in 2022.
(Dodge)

The Chevrolet Corvette slipped into third place with 34,510 deliveries, up 4.4%, followed by the Camaro in fourth at 24,652, despite a 12.4% bump in sales.

Dodge will be looking to three-peat in 2023, but won’t be able to make it four-in-a-row as the gasoline-powered Challenger will be discontinued at the end of the year.

The Challenger will be replaced by the electric Charger Daytona SRT in 2024.

The Challenger will be replaced by the electric Charger Daytona SRT in 2024.
(Fox News Digital)

It’s set to be replaced by the electric Charger Daytona SRT, which blends classic muscle car styling with battery power and Hemi-V8 levels of performance.

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The Corvette will be looking to make a run at the Mustang, if not the Challenger, as its production was hampered by supply chain issues last year and a new all-wheel-drive hybrid model will be joining the lineup. The future of the Camaro remains less clear as GM hasn’t indicated that any updates or a redesign is on the way anytime soon.

Chevrolet is launching an all-wheel-drive hybrid Corvette this year.

Chevrolet is launching an all-wheel-drive hybrid Corvette this year.
(Chevrolet)

Dodge will be sending the Challenger out in high style, however, and will reveal the last V8-powered version on March 20 in Las Vegas.

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Dodge CEO Tim Kuniskis has called it a “history making” car and its debut was delayed due to the engines blowing up during durability testing, suggesting it could be the most-powerful production muscle car ever sold.

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Why your kitchen could be the smartest room in the house this year

Latest & Breaking News on Fox News 

Your kitchen will soon be savvier than every other room in your house. An oven with AI tech to keep food from burning, a smart mixer that does the work for you, and a color-changing fridge are standouts for the kitchen of the future from the 2023 Consumer Electronics Show in Las Vegas.

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Innovative new technology coming in 2023 is transforming the way we prepare, assemble and cook a meal. While we’ve often talked about how you can make your home smarter by switching out gadgets for “smarter” ones, these new products are taking everyone’s favorite room in the house to the next level.

Team CyberGuy is on the ground in Las Vegas at the Consumer Electronics Show 2023. We’re scouting all the new tech coming this year and in the future, and trust us – your kitchen is about to be heating up.

Have you ever wanted to see a live image of your food while it’s cooking inside the oven? Maybe not. However, Samsung is bringing us the ability to peek-a-boo at any temperature every time you bake. They are debuting their new Bespoke Lineup kitchen appliances, including this smart oven with a camera inside, so you no longer have to open the door and let out the heat to check how the food is looking as it cooks.

HOW TO CLEAR CACHE ON YOUR IPHONE TO SPEED UP YOUR DEVICE

The AI Oven includes a pro cooking system that uses a camera inside of it to tell when your food is burning or ready to be taken out. You can also integrate your oven with the Samsung SmartThings Cooking app to get recipes recommended based on your diet goals or the ingredients you have at home, making cooking even more of a breeze.

The Bespoke AI Oven will be available in the U.S. in late 2023 and is already available for order in Europe.

Baking is arguably the most difficult skill in the kitchen. It requires exactness in the kitchen like no other cooking task. Measuring ingredients becomes way more important, and timing is everything. GE is ready to make it easier for everyone with their new gadget they are calling the Smartest Mixer in the USA.

The mixer has a built-in smart scale so you can get the precise weight of ingredients to ensure your measurements are exact. The Auto Sense technology can not only tell when your measurements are precise – it can also tell exactly how long to mix the ingredients. Imagine using a normal mixing stand to make whipped cream and accidentally letting it go for too long and ending up with butter.

5 APPS THAT WILL HELP YOU STICK TO YOUR NEW YEAR’S RESOLUTIONS

This mixer takes that guessing away and is intended for hands-free use, giving you more time to work on other projects in the kitchen. You can control options and follow step-by-step instructions on your smartphone, making the machine’s buttons more seamless and straightforward. The GE Profile Smart Mixer is priced at just under $1,000 and is now available to order as of January 2023.

Another appliance you may not have even known you wanted is a color-changing fridge. LG wants to not only change your kitchen’s aesthetic, but they are also hoping to change your mood at the same time. The fridge has 4 panels you can select the colors for or choose a theme like “season” or “healing.”

HOW TO CLEAR CACHE ON AN ANDROID FOR IMPROVED PERFORMANCE

If having a colorful fridge is not your style, you can opt for the Lux Grey/Lux White combo instead and just use the fridge for its features, like the built-in Bluetooth speaker or voice recognition. The colors are a way more fun option, though, if you want them to change along with the beat of the music playing from your fridge through the Wi-Fi and Bluetooth connections.

The fridge’s lights also allow fun features like blinking when someone enters the kitchen or alerting you with flashing lights if the fridge door was left open accidentally. The MoodUP name pays homage to the soothing colors you can choose to change the ambiance of your kitchen to a more relaxing vibe. And speaking of vibe, the fridge comes with LG’s craft ice maker, so you can cool down your cocktail with a perfectly round, large ice cube. The MoodUP fridge is expected to go on sale later this spring in the U.S.

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For more of my Tech tips, head over to CyberGuy.com and be sure to subscribe to my free CyberGuy Report Newsletter by clicking the “Free newsletter” link at the top of my website.

Copyright 2023 CyberGuy.com. All rights reserved. CyberGuy.com articles and content may contain affiliate links that earn a commission when purchases are made.

 

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Tesla suppliers' shares jump as electric automaker cuts prices for some models in China

Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images)

Nurphoto | Nurphoto | Getty Images

Tesla’s Chinese suppliers jumped after the electric automaker slashed prices for some models in China.

In a Weibo post, the company said its Model 3 and Model Y vehicles in China would now be priced at 229,900 yuan (about $33,374) and 259,900 yuan, respectively.

The latest prices represent a drop of 13% to 24% from four months ago, according to Reuters calculations.

Shenzhen-listed shares of Tesla’s Chinese suppliers rallied on optimism the price cut could boost demand.

Shares of Anhui Shiny Electronic Technology closed 8.8% higher and Hengdian Group DMEGC Magnetics gained nearly 9%. Zhejiang Chint Electrics closed 7.92% higher and Shandong Jinjing Science & Tech rose more than 6%.

Tesla previously cut prices in China in late October in a bid to prop up sales and its competitive edge against rivals including BYD, which recently unveiled new luxury models.

Read more about electric vehicles from CNBC Pro

Grace Tao, a Tesla vice president of external affairs in China, said in a Weibo post that the latest price adjustments were meant to boost demand.

The moves “respond to the government’s call with practical actions to promote economic development and encourage consumption,” Tao wrote.

Separately, the China Passenger Car Association reported on Thursday that Tesla’s December sales of China-made cars fell to 55,796, the lowest in five months.

— CNBC’s Evelyn Cheng contributed to this report.


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Rumble CEO says something 'really nefarious' was going on with YouTube censoring conservatives around election

Rumble CEO Chris Pavlovski is taking on Big Tech censorship with his rapidly expanding video platform which has emerged as a popular alternative to YouTube since going public last Fall.

In the latest episode of “Tucker Carlson Today,” Pavlovski sat down with the Fox News host to discuss his commitment to protecting free speech and why he believes that mission has driven his company toward success as creators continue to upload their content to the fast-growing platform.

In a preview of the interview that aired on Fox News Channel Thursday, Pavlovski, a Canadian who described himself as not particularly political, recalled getting a phone call from then-ranking Member of the House Intelligence Committee Devin Nunes, who inquired about the features of little-known website. After learning about the details of Rumble, Nunes decided to upload his video podcast to the platform.

GREENWALD CALLS OUT TIKTOK FOR CENSORING ON BEHALF OF US GOVERNMENT, NOT JUST CHINA

Rumble CEO Chris Pavlovski joins the latest episode of 'Tucker Carlson Today' available now on Fox Nation.

Rumble CEO Chris Pavlovski joins the latest episode of ‘Tucker Carlson Today’ available now on Fox Nation.
(Tucker Carlson Today)

“Next thing you know, within a couple of months, he gets a couple of hundred thousand subscribers on his Rumble channel. Meanwhile, on YouTube and he’s been on there for four years…he only has 10,000,” Pavlovski said.

At that point, Rumble was just launching and was still obscure to most of the public, he recalled, adding that “this should not have happened.”

“You can call it whatever you want. Censorship, shadow-banning…the fact that an elected official could get significantly more subscribers on a platform that no one’s ever heard of in two months, and he can’t get more than 12,000 in four years on YouTube, that’s a problem,” the Rumble CEO observed.

When Carlson asked whether he thought Nunes was being censored by YouTube due to his political affiliation, Pavlovski said, “Something was happening, definitely, and it was happening right before the elections.”

Pavlovski said it was after that incident with Nunes that his company began to understand that there’s something “really nefarious going on when it comes censorship. What is it that happened, how could that happen, and it presented an opportunity to us where we just had to be fair. We could run a good business just by being fair.”

SEN. JOHNSON DEMANDS YOUTUBE ANSWER FOR ‘REPEATED CENSORSHIP’ ON COVID, CONSERVATIVE VIEWPOINTS

Chris Pavlovski and Tucker Carlson.

Chris Pavlovski and Tucker Carlson.
(Tucker Carlson Today)

Shortly thereafter, conservative commentator Dan Bongino joined Rumble and had a similar experience. His subscriber count on Rumble surpassed his following on YouTube in just a few months.

“The same pattern happened with every conservative that came to our platform,” Pavlovski said. “It was very obvious.”

Carlson pointed out that Big Tech censorship on these platforms has created a “rigged game.”

“On Rumble it was a fair game, and that’s how we’ve been winning,” Pavlovski said.

Rumble CEO said he believes something ‘nefarious’ was going on with YouTube censorship around the time of the election.

Rumble CEO said he believes something ‘nefarious’ was going on with YouTube censorship around the time of the election.

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To watch Tucker’s full interview with Pavlovski and hear more about the story behind Rumble, subscribe to Fox Nation and stream the latest episode of “Tucker Carlson Today.”

Fox Nation programs are viewable on-demand and from your mobile device app, but only for Fox Nation subscribers. Go to Fox Nation to start a free trial and watch the extensive library from your favorite Fox News personalities.

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Burton Malkiel on why his classic investment book, ‘A Random Walk Down Wall Street,’ is relevant 50 years later

US Top News and Analysis 

Burton G. Malkiel, professor emeritus of economics at Princeton University, speaks at the John C. Bogle Legacy Forum in New York, U.S., on Tuesday, Jan. 31, 2012.
Peter Foley | Bloomberg | Getty Images

This week, Princeton professor Burton Malkiel has published the updated, 50th anniversary edition of A Random Walk Down Wall Street: the Best Investment Guide that Money Can Buy.  More than any other book, it popularized the idea of indexing as an investment strategy and why you can’t beat the market. Malkiel was a close friend of Vanguard founder Jack Bogle and spent 28 years on the board of Vanguard. 

Malkiel will be on CNBC’s “The Exchange” today at 1:30 PM ET. Below are excerpts from a series of email interviews.  They have been lightly edited for style and clarity. 

You recommended index funds 50 years ago even before index funds existed. Do you still believe that and what is the evidence?

I believe even more strongly than ever that index investing is an optimal strategy and that index funds should constitute the core of everyone’s portfolio. Standard & Poor’s publishes annual reports showing how actively managed funds compare with index funds. Each year about two-thirds of active managers underperform an index fund. And the one third who outperform in one year tend not to be the same as the one-third who outperform in the next. When you measure performance over a decade or more, 90 percent of active managers are outperformed by a broad-based index fund. On average, active managers underperform the market by about one percent per year. 

You famously said stocks tend to follow a “Random Walk.”  What is a Random Walk? 

Random Walk means that the history of past stock market prices cannot be used to predict the future. Sometimes there is some momentum in the market, but momentum strategies do not work reliably, and prices change randomly. Sometimes value stocks and small-cap stocks outperform, but they can underperform for years. So-called “factor funds” have underperformed the market over the past 15 years. 

Despite the evidence, it seems most people don’t want to believe the evidence. Why can’t we accept that stocks follow a Random Walk?

People fool themselves when they see apparent patterns because streaks are more memorable than randomness. Even sports figures fool themselves into believing that the streak exists and that they have a “hot hand.” For example, behavioral psychologists have examined the basketball free throw records of college and pro players who believe that if they make a number of free throws in a row, they are more likely to have success in the next shot. The evidence is quite the opposite. A 50% free throw shooter has a 50% chance of success on the next shot no matter how many previous shots went in. 

You are a big backer of the Efficient Market Hypothesis (EMH), which says that asset prices reflect all available information. But you have pointed out this does not mean that prices are always accurate. Define EMH, what it says, and what it does not say.

Efficient markets do not imply that prices are always correct. Even if everyone valued stocks as the present value of future cash flows, the future can only be estimated. So prices are often “wrong.” EMH says that no one knows for sure if they are too high or too low. EMH admits that bubbles can exist but no one knows for sure how much they inflate before popping. Alan Greenspan suggested that the market was “irrationally exuberant” in 1996.  The bubble popped in 2000. Meme stocks like Gamestop sold at bubble levels but hedge fund Melvin Capital went bankrupt shorting them. The market may not be perfectly efficient and it may make egregious errors.  BUT IT IS EXTREMELY HARD TO BEAT. 

Exchange Traded Funds (ETFs), most of which are tied to index funds, are continuing to rake in money.  How do you feel about ETFs? 

I like ETFs if they are broad-based index funds. I do not favor the very specialized ones that really represent active management. I believe that the leveraged ones (such as three times the up or down movement of the market) are really gambling contracts, not investment products. 

Last time we spoke you said the next revolution after index funds is in investment advice. Most advisers charge 1% or more. When it’s done online it is 0.25%.  Are there any signs that the “advice revolution” is happening?

I think a revolution in investment advising services is underway, just as indexing itself was a revolution.  Investment advisors charge between 1 and 3 percent per year to manage portfolios for individuals. Software companies can do it effectively for 25 basis points for those who accept fully electronic management and 50 basis points for a hybrid model where you can also talk to a human being from time to time. I work with Wealthfront (a fully electronic) and Rebalance (a hybrid) investment manager. The electronic or computer managers can also provide direct indexing where the fund can efficiently harvest tax losses while maintaining a pre-tax exposure to the broad market. 

A couple years ago you wrote an op-ed in the Wall Street Journal very critical of ESG (Environmental, Social and Governance) funds, saying they were a “self-defeating strategy.” Since then, they have come under even more scrutiny. Do you still feel that way?  Why?

ESG funds promise that you can do good for society with your investments and do well financially at the same time. But there is no agreement over what is a “good” investment. Is a natural gas company good because it is the cleanest burning carbon and the bridge we will need for decades on the road to a carbon-free world? Or is it bad because it is a pollutant? Is a munitions maker good because it is providing Ukraine with defensive weapons or bad because its products kill people? Are Meta and Visa good because they are not major polluters, or are they bad because they can cause extreme anguish for teenagers and because they charge exorbitant interest rates to poor people? ESG funds also have high fees and they have been underperforming standard index funds. 

You have always preached of the benefits of a diversified portfolio.  What should a diversified portfolio look like?

Portfolios should be broadly diversified but will be different for people in different circumstances.Young people should dollar cost average by investing regularly and almost exclusively in equity index funds (60/40 stocks to bond for young people, is not appropriate). An investor in his/her 70s and 80s taking required minimum distributions needs a larger proportion of limited duration fixed income. 

The S&P was down almost 20% last year. In years when it has been down 20%, it typically bounces back the following year. What can we expect for stocks in 2023?

I do not make short-term stock market predictions. No one can do this correctly with any consistency. But cyclically-adjusted price-earnings multiples (CAPEs) give the best forecasts for long-run equity returns.  Today CAPEs are well above average. This suggests that returns over the next decade are likely to be below the 9%-10% long-run historical stock market returns. Investors then need to be modest in their expectations and consider that returns could be only half the historical average.

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Up to Ten People Shot Near Miami Restaurant

USA – Voice of America 

Police in Miami and witnesses at the scene say as many as 10 people were wounded in a shooting outside a Miami restaurant late Thursday.

Police responding to the incident said it occurred around 8 p.m. local time near a restaurant called The Licking in the Miami Gardens section of the city. One witness reported as many as 12 shots were fired.

Media reports citing witnesses said as many as 10 people were killed, but police would only confirm multiple injuries and said there were no fatalities. They did not have information on the condition of the victims.

Local Miami rap music performer Ced Mogul told reporters at the scene at least 12 shots were fired during the filming of a music video for another rapper, French Montana. Video from several Twitter users showed police giving aid to two men whom the posters identified as Rob49 and French Montana’s bodyguard.

The Miami Herald reports several victims were taken to Miami’s Jackson Memorial Hospital, where loved ones had arrived.

The Herald reports that as of early Friday, no arrests had been made in connection with the shooting. A law enforcement source told a local Miami television station that detectives will be going through videos posted to social media as well as surveillance video from nearby businesses to try and identify the assailants.

Some information for this report was provided by the Associated Press.

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Bank of America downgrades Chevron, calls energy stock a ‘victim of its own success’

US Top News and Analysis 

Chevron likely won’t see as large of gains as it did in 2022, Bank of America warned. Analyst Doug Leggate downgraded the stock to neutral from buy on Friday. His $191 price target implies an upside of just 9%. The stock gained more than 50% in 2022 as energy prices soared following Russia’s invasion of Ukraine. Leggate said another year with huge upside is unlikely with Brent crude futures expected to trade around $80 per barrel. “Put simply we see CVX as a victim of its own success – but with < 10% upside to our estimate of fair value, we believe the appropriate rating vs North American peers is Neutral,” Leggate said in a note to clients. Still, Leggate said Chevron leads oil producers in capital discipline and has been able to execute large-scale projects following the 2015 drop in oil prices. The company has a legacy position” in the Permian Basin in the Southwest U.S., he said, with an advantaged royalty position that has improved returns. He also said the acquisition of Noble Energy would “add long life production with options built around regional exploration.” But management has been viewed as increasingly leaning on mergers and acquisitions to support dividends, he said. Leggate said having an absence of material long-term growth in cash flow would put a ceiling on absolute value. Meanwhile, Leggate named Exxon Mobil his top idea in the sector for 2023. — CNBC’s Michael Bloom contributed to this report.

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Sinaloa, Mexico engulfed by violence, chaos after El Chapo son arrest, ahead of Biden visit to country

The state of Sinaloa, Mexico is being hit with a wave of violence, officials say, following the arrest of the son of jailed drug cartel kingpin Joaquin “El Chapo” Guzmán in the days leading up to President Biden’s visit to the country. 

Sinaloa state governor Ruben Rocha told Reuters that so far seven members of Mexico’s security forces have been killed and 21 were injured in a dozen clashes within the northern Sinaloa state, home to the cartel with the same name that once was run by El Chapo. Ovidio Guzmán, his son, was arrested there Thursday by Mexican authorities, officials confirmed. 

Rocha also said there have been 25 acts of looting and 250 vehicles have been set on fire to block roads, with most of the unrest happening in the city of Culiacan. 

“We continue to work on controlling the situation,” Cristobal Castaneda, the region’s public security chief, said Thursday as authorities shuttered schools and urged residents to stay indoors. 

EL CHAPO’S SON HAS  BEEN CAPTURED IN SINALOA IN MEXICAN MILITARY OPERATION  

Men ride on a motorcycle past a burning truck on the streets of Culiacan, Sinaloa state, on Thursday, Jan. 5.

Men ride on a motorcycle past a burning truck on the streets of Culiacan, Sinaloa state, on Thursday, Jan. 5.
(AP/Martin Urista)

Mexican authorities previously detained Ovidio Guzmán in 2019, but quickly released him to avoid a massive confrontation with cartel forces. 

Culiacan’s airport also has been swept up in the violence, with airline Aeromexico reporting that one of its planes was hit with bullets ahead of a scheduled flight to Mexico City, according to Reuters. 

BIDEN ANNOUNCES U.S.-MEXICO BORDER VISIT, NEW MEASURES AS PRESSURE GROWS OVER MIGRANT SURGE 

This frame grab from video provided by the Mexican government shows Ovidio Guzman Lopez at the moment of his earlier detention, in Culiacan, Mexico, on Oct. 17, 2019. 

This frame grab from video provided by the Mexican government shows Ovidio Guzman Lopez at the moment of his earlier detention, in Culiacan, Mexico, on Oct. 17, 2019. 
(CEPROPIE via AP File)

One passenger on that plane, who boarded with his wife and three children, told the news agency that his family decided to stay at the airport until the situation calms down. 

“The city is worse,” David Tellez said. “There is a lot of shooting and confusion.” 

CLICK HERE TO GET THE FOX NEWS APP 

Police arrive on scene after a store was looted in Culiacan on Thursday, Jan. 5.

Police arrive on scene after a store was looted in Culiacan on Thursday, Jan. 5.
(AP/Martin Urista)

Mexico’s federal aviation agency said a Mexican Air Force plane was shot at as well, Reuters reports. 

Biden is set to visit the U.S.-Mexico border over the weekend before heading to Mexico City for meetings with Mexican President Andres Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau. 

Fox News’ Anders Hagstrom contributed to this report. 

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Forest Service proceeds with Indiana logging project despite environmental concerns

Latest & Breaking News on Fox News 

The U.S. Forest Service is pushing ahead with plans to log or conduct controlled burns in parts of the Hoosier National Forest despite concerns the project could taint the drinking water supply used by more than 100,000 people.

Environmental groups and officials in southern Indiana’s Monroe County sued the federal agency in 2020, contending it violated federal law when it decided to proceed with logging and controlled burns over more than 15,000 acres in northwest Jackson County.

Opponents worry the project could harm the water quality of Lake Monroe, a reservoir that serves all of adjacent Monroe County and provides drinking water for about 120,000 people.

NEW MEXICO’S LARGEST WILDFIRE TRACED BACK TO FOREST SERVICE PRESCRIBED BURNS

Although a federal judge temporarily halted the project last April after finding that the forest service failed to “fully evaluate the environmental effects to Lake Monroe,” a later forest service report found that no corrections or revisions were needed to its initial environmental assessment.

The forest service then announced in early December that it planned to proceed with the project in the Hoosier National Forest, which spans about 204,000 acres across nine southern Indiana counties, The Indianapolis Star reported.

Opponents say the forest service’s recent report does not address their concerns that the logging and burning operations will cause nutrient pollution, particularly nitrogen and phosphorous, to flow into the lake and potentially cause harmful algal blooms.

“We’re very upset about this,” said Jeff Stant, executive director of the Indiana Forest Alliance, one of the lawsuit’s plaintiffs. “We don’t think they’ve complied. It’s gross noncompliance.”

But Chris Thornton, district ranger for the Hoosier National Forest, disagrees. He wrote in a Dec. 5 letter to the federal court that concerns about the project had already been addressed in the service’s original report and that “no further information or clarification was needed.”

“We are issuing the (report) not because we concede that our initial analysis was lacking but to comply with the District Court order and move forward with implementation,” the federal agency said in its report.

ME OFFICIALS CLOSE TO LAND USE AGREEMENT FOR PROTECTING RURAL WILDERNESS

The report says the forest service will take steps to curb any adverse effects while logging and controlled burns are implemented, and that not proceeding with the project could result in a decline of the forest’s oak-hickory ecosystems and a lack of diversity in the landscape. It adds that the goal of the forest management project is to “increase the resiliency and structure of forested areas.”

One of the groups that oppose the forest service’s plan is Friends of Lake Monroe. Its president, Sherry Mitchell-Bruker, said in a letter to Thornton that the only way to ensure there are no “significant impacts” to Lake Monroe “is to leave the forest intact and forgo logging and burning in the Lake Monroe watershed.”

Stant told The Indianapolis Star that the project’s opponents have met and are weighing whether they might take additional legal action.

 

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McCarthy hints House may continue votes through weekend

House Minority Leader Kevin McCarthy, R-Calif., suggested the House may continue negotiations and votes on the speakership throughout the weekend if needed.

“We shouldn’t leave,” McCarthy told Punchbowl News around 9:45 p.m. Thursday as he left the Capitol. “Why should we leave if we haven’t got our work done?”

THE VOTE FOR HOUSE SPEAKER: LIVE UPDATES

House Minority Leader Kevin McCarthy, R-Calif., asked Punchbowl, "why should we leave if we haven’t got our work done?"

House Minority Leader Kevin McCarthy, R-Calif., asked Punchbowl, “why should we leave if we haven’t got our work done?”
(AP Photo/J. Scott Applewhite)

Punchbowl reported McCarthy insisted it is unlikely the House adjourns for an extended period of time until a speaker is elected. This could mean the House continues to work and vote throughout the weekend if they are unable to reach a majority Friday, when they reconvene at noon.

The House failed on 11 votes through Thursday as a group of nearly two dozen Republicans continued their opposition to McCarthy. However, the minority leader and his allies drafted a rules framework Thursday night they believe could win over a significant portion of the dissenters in the conservative House Freedom Caucus (HFC), lawmakers familiar with the framework told Fox News. The deal would heed to HFC demands as it gives them strong representation on committees, plans to counter increased federal spending, and allows a single member of the House to a motion for a vote to remove the speaker.

GOP DEAL EMERGES LATE THURSDAY THAT COULD GIVE MCCARTHY A PATH TO THE SPEAKERSHIP

House Freedom Caucus Chair Rep.-elect Scott Perry, R-Pa., tweeted that "we'll take our time."

House Freedom Caucus Chair Rep.-elect Scott Perry, R-Pa., tweeted that “we’ll take our time.”
(Kevin Dietsch/Getty Images)

HFC Chair Rep.-elect Scott Perry, R-Pa., tweeted late Thursday that “we’ll take our time” in negotiations. 

“We’re at a Reagan moment — ‘trust but verify,’” Perry tweeted. “The devil is in the details, and we’ll take our time to ensure it’s right, not easy. One way or another, the status quo must go.”

ANTI-MCCARTHY REPUBLICANS, DEM LEADER JEFFRIES FUNDRAISE OFF STALLED HOUSE SPEAKER VOTE

Rep.-elect Kevin McCarthy, R-Calif., faces opposition from nearly two dozen Republicans in his bid for speaker

Rep.-elect Kevin McCarthy, R-Calif., faces opposition from nearly two dozen Republicans in his bid for speaker
(Fox News)

The weekend poses a potential challenge for McCarthy, as he works to negotiate with a slim majority. Rep.-elect Ken Buck, R-Colo., had to leave the nation’s capital Thursday afternoon for a medical appointment — and other members may have conflicts as well. Rep.-elect Roger Williams, R-Texas, has stayed in Washington, D.C., as his wife suffers a medical emergency. Rep.-elect Wesley Hunt, R-Texas, may return home as his wife gave birth this week. Oklahoma Rep.-elect Kevin Hurn’s mother died this week, and he wants to attend her funeral on Saturday.

CLICK HERE TO GET THE FOX NEWS APP

McCarthy told reporters after the House adjourned Thursday that he is not too focused on a timeline — just that a deal is eventually agreed upon.

“I’m not putting any timeline on it,” McCarthy said. “The entire conference is going to have to learn how to work together. So it’s better that we go through this process right now so we can achieve the things we want to achieve for the American public, what our commitment was. So if this takes a little longer and it doesn’t meet your deadline, that’s okay, because it’s not it is not how you start. It’s how you finish.”

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