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Sport

Sunland Park Racetrack & Casino being sold to Pennsylvania company

by Alex Carter - Sports Editor October 4, 2025
written by Alex Carter - Sports Editor

Sunland Park ⁢Racetrack & Casino sold too Pennsylvania-Based Penn National Gaming

SUNLAND PARK, ​N.M. ‌- Sunland Park ‌Racetrack ‌& Casino has been sold to Penn National Gaming, Inc., a Pennsylvania-based gaming and racing company, marking a notable shift for the ‌El Paso-area racetrack. The sale, finalized recently, aims to revitalize the track and potentially increase ⁣investment in racing and casino operations.

The acquisition comes as Sunland ‌Park prepares to begin its⁢ live racing ‌meet⁤ in early January,​ a 55-day season concluding in early April 2026. the change in ownership is viewed with optimism ‌by trainers and industry stakeholders,who hope Penn‍ National’s involvement will bring renewed focus and resources to the racetrack,a⁣ key regional hub for thoroughbred and quarter horse racing.

“Sunland Park is ⁤a grate track, it’s home for our team and I love being there,” said quarter horse trainer‌ Eric Valenzuela, who has run horses at Sunland Park for six years.”I hope it ​continues to be a great place to be.”

The racetrack is known for hosting the annual ⁤Sunland Park Derby, a prominent stakes race for 3-year-old thoroughbreds. The Derby offers points‍ toward eligibility for the Kentucky Derby, drawing regional and national attention.

Horse trainer‍ Todd Fincher ‍expressed hope that the new ownership will spur improvements. “Sunland Park is a great place for racing and we’re always hoping for betterment in the racing ‍aspect. With a new owner, we hope there ‌is more interest in the racing,” Fincher said.

Penn National⁣ Gaming owns, operates, or manages racing facilities and ​casinos across the United States. Details ⁢regarding specific investment plans⁢ for Sunland Park have⁣ not yet been released.

October 4, 2025 0 comments
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World

Toyota Regains China Market Share with Affordable EVs

by Lucas Fernandez – World Editor October 1, 2025
written by Lucas Fernandez – World Editor

Toyota Gains ⁤Ground in China with Affordable bZ3X EV

Shanghai – Toyota is‌ making inroads in the fiercely competitive Chinese​ electric vehicle (EV) market with its new bZ3X, priced around $15,000, adn a broader strategy focused​ on⁣ localized production ⁢and a growing EV lineup. The automaker’s‌ China sales rose 6% between January and August,​ bucking a trend of decline seen by other Japanese carmakers.

Toyota debuted the bZ3X, emphasizing its⁢ spacious interior designed as a ‌”cozy Home,” and plans to ‌expand its China ⁤offerings with the bZ5, bZ7, and ​a revamped Lexus line available in both EV and hybrid versions. This expansion is⁣ supported by plans for a wholly owned factory ‌near Shanghai, slated to begin production in ⁣2027 with​ an initial​ annual ‍output of 100,000‍ battery-powered EVs‍ for the‌ Lexus ⁤brand – making Toyota only the second‍ foreign passenger carmaker after Tesla ⁢to fully own a​ manufacturing facility in China.

Despite increasing ‌sales, Toyota faces⁣ profitability⁢ challenges. Average ‌profit per car​ dropped to ¥162,000 ($1,090) ⁣in fiscal 2024,down from ¥274,000 in fiscal 2021,with total China profits falling from ¥525 billion to ¥290‍ billion ⁣over the same period,according to ‍Pelham Smithers.⁢

Early adopters of the bZ3X have reported minor ⁤issues, with one customer, Yu, ⁢noting dozens of⁣ trivial problems and some design elements ‍falling short of Toyota’s gasoline models, though he indicated he would ⁤still ‍repurchase the vehicle. The company ⁣is⁣ also‌ navigating⁤ shifting consumer⁣ preferences, as‌ growth in hybrid vehicle sales has slowed – up 17% in the first eight months of 2024 compared⁤ to 76% growth in the same‍ period last⁤ year – as fully electric cars regain popularity due to advancements in battery technology and charging infrastructure.

Toyota’s performance stands in contrast to its⁤ Japanese competitors. Nissan Motor Co. experienced a 9% sales​ decline,while Honda Motor co. saw a 21% drop in china⁤ during ​the same ⁣January-August period. Bloomberg ⁣Intelligence ​senior auto analyst Tatsuo Yoshida ​observes a growing divide, ⁣stating, “toyota on one side, everyone else on the other.”

October 1, 2025 0 comments
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Business

Steyr Arms Hires Ex-Glock Manager for International Growth

by Priya Shah – Business Editor September 29, 2025
written by Priya Shah – Business Editor

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Steyr Arms Expands Leadership: Ex-Glock Manager​ Takes ⁣on Key ‍Role

Steyr,Austria – September ‍29,2025,13:35:04 CEST ‌ -⁣ Steyr Arms has appointed Alexander Liess as a key manager,bringing‍ extensive experience in the firearms industry to the Austrian manufacturer. The move‍ signals a strategic push for international growth,notably‌ within the United States,and comes as Austria prepares ⁣to‌ benefit ‌from a significant influx⁢ of EU funding for its defense sector.

Liess‍ joins Steyr Arms from Glock,were he held a leading position responsible for international sales and⁣ marketing strategies.His ‍expertise will be crucial in navigating the complexities of global markets and capitalizing⁢ on new opportunities, especially in light of the

September 29, 2025 0 comments
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Business

Acura ZDX Discontinuation: Why the Luxury EV is Being Scrapped

by Priya Shah – Business Editor September 28, 2025
written by Priya Shah – Business Editor

Acura to discontinue ZDX Electric ⁢SUV Amid Tax Credit Changes

Acura ‌will discontinue its ZDX electric SUV following the September 30th⁤ expiration of the federal​ EV tax credit, according to an internal memo obtained by USA Today.⁢ The decision highlights the meaningful impact of shifting government policies on the electric vehicle market ⁣and underscores the importance of incentives in consumer adoption.

The Acura ZDX, priced starting at $64,500, currently qualifies for a $7,500 federal tax credit. Though, with the incentive’s impending removal, Acura believes the ZDX’s value proposition diminishes against competitors, particularly its sister vehicle, ⁣the Honda Prologue. The⁢ Prologue, starting at $47,400, offers a similar 308-mile range and 220‍ horsepower, making it a more attractive option without the tax benefit.The ZDX boasts 358 horsepower and ⁢a 313-mile range.

Acura attributed the decision ⁢to “recent policy changes impacting EV production⁢ and sales” in the‌ internal dialog. The elimination of the tax credit effectively levels the playing field,making more affordable EVs like the Prologue – which offers comparable features for a lower price point – more competitive. A fully-equipped Honda Prologue Elite trim, including⁢ all-wheel drive, heated/ventilated seats, and a head-up display, is available for $57,900.

The ZDX’s discontinuation demonstrates ​the sensitivity of the EV market to government incentives and signals a potential shift in manufacturer strategies as policies evolve. Consumers considering an Acura ​ZDX should finalize purchases before September 30th⁣ to take ⁤advantage​ of the⁤ $7,500 tax credit.

September 28, 2025 0 comments
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Business

Dollar Stability Amid US Growth Data and Oil Supply Concerns

by Priya Shah – Business Editor September 26, 2025
written by Priya Shah – Business Editor

Market‌ Update: Dollar Strength, Oil Price ⁢Rise, and Economic Data

The‌ US dollar experienced significant gains this ​week, poised for its largest weekly increase in two months.⁢ This surge followed positive ⁤economic data released on Thursday, ⁢including​ stronger-than-expected figures for US economic growth, ⁣unemployment claims, durable goods​ orders, and wholesale inventories. The‍ dollar index (USD), which tracks the greenbackS performance against a‌ basket of six currencies,⁣ reflected this strength.

Market sensitivity,initially concerned about bilateral trade agreements reached wiht the Trump administration,has been tempered as these ⁤agreements ⁤haven’t proven as ‌disruptive as initially‍ anticipated.

Focus is⁢ now ⁤shifting to upcoming US economic data, ⁢specifically‌ the release of consumer‍ spending ‌figures and inflation data measured by the Personal consumer Expenses Price Index (PCE)⁤ later on Friday. Investors are seeking further clues regarding the ⁢potential need for additional interest​ rate ‍cuts by the Federal Reserve. A Reuters poll predicts the PCE will show a 0.3% month-over-month increase and a ‌2.7% year-over-year‌ increase for August.

According to the CME Fedwatch tool, the ⁤probability of the federal Reserve‍ holding rates steady next ⁢month has risen to 14.5%, up⁣ from 8.1% ‍the ⁢previous day. ⁢ Expectations for total⁤ rate cuts⁤ by the end‌ of the year have also decreased, falling below 40 basis points.

The Department of Commerce reported a revised Gross⁢ domestic Product (GDP) increase of 3.8% for the​ period between April and June, exceeding the initially ‌reported 3.3%. This upward revision surpassed economists’ expectations.

oil Market

oil prices are also on the rise,tracking towards⁣ a weekly ​increase​ of over⁤ 4%.⁣ This⁢ increase is largely attributed⁢ to disruptions in Russian energy infrastructure,leading Moscow to halt fuel exports.

Brent crude futures (LCOc1)​ were trading at $69.55 a ⁤barrel, up $0.13 (0.2%), while West Texas Intermediate (WTI) crude (CLc1) reached $65.14 a ⁣barrel, a ⁣gain of⁤ $0.16 (0.3%).

PVM ​analyst ‌Tamas⁢ varga noted that‍ the escalating geopolitical risk premium, fueled by intensified Ukrainian drone attacks, ‍has materialized into a⁣ genuine ‍supply shortage, notably impacting Europe’s distillate deficit. Both Brent and WTI are on track for their largest weekly⁣ gains as mid-June.

Russia‍ announced a partial ban ⁤on diesel exports until​ the end of the year,‌ expanding its existing ban on ‌gasoline exports. This decision follows a⁤ decline in refining‍ capacity,‌ which has led to fuel shortages in several Russian regions.

NATO’s warning regarding potential ⁤responses to further airspace violations has heightened ⁢tensions related to the war ⁣in Ukraine and raised the⁢ possibility of additional sanctions targeting the ‌Russian oil​ industry, according to ANZ ‌analyst daniel Hynes.

Positively, oil flow from‌ the iraqi ‍Kurdistan region ​to Turkey is expected to ⁢resume on Saturday, as confirmed by two officials from the Iraqi Ministry of Petroleum.

However,the strong​ US GDP⁤ growth of 3.8% annualized ⁢in the ‌last quarter is expected to partially limit oil price gains.

September 26, 2025 0 comments
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Business

Nate Bargatze’s Emmy Speech Donation Plan Explained

by Priya Shah – Business Editor September 26, 2025
written by Priya Shah – Business Editor

Nate Bargatze Addresses Criticism of Emmys ‌Donation Bit, Says Idea Came From Network ⁢Request

Los ‌Angeles – Comedian Nate Bargatze is defending teh donation-based time limit he ⁣implemented during his hosting of the 77th Primetime Emmy Awards on September 14, after the bit received⁣ widespread criticism for reportedly rushing winners and creating an ‍awkward atmosphere.Bargatze revealed on his podcast that the concept originated from a request ⁣by the network to find a ⁤solution for shortening the broadcast.

As part of the experiment,‍ Bargatze ​announced at⁣ the start of the show he would‍ deduct money from ⁤a planned $100,000 donation to the Boys & Girls Clubs of America for each second a winner exceeded the 45-second ‍time ⁢limit for acceptance speeches, and add money if speeches were shorter. A counter displaying the fluctuating donation amount appeared⁢ on screen throughout⁣ the night.

By the end of the evening, Bargatze⁢ declared the final ⁢count “embarrassing” and announced CBS would donate $100,000, and he would personally donate $250,000, bringing the total contribution to $350,000.He later confirmed on his podcast⁤ that he followed through ​with the donation.

The‌ bit was largely met with negative reactions on social media and in reviews. Time’s Judy Berman wrote the “ill-conceived gimmick weighed down” ‍the evening, while Variety’s Aramide Tinubu noted winners appeared “flustered and rushed, almost racing through their big moment.”

Bargatze⁣ explained on his podcast that the idea “came‍ from a real place of heart” and that he⁣ genuinely attempted‍ to “really⁣ find a solution” to the show’s length. He acknowledged the negative feedback, stating, “y’all don’t want any of this⁣ messed with.”

despite the controversy, the broadcast concluded in approximately three hours, adhering to the scheduled runtime.

September 26, 2025 0 comments
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