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Business Insider
26 minutes ago
- Business
- Business Insider
Avient management to meet with Oppenheimer
Meeting to be held on June 4 hosted by Oppenheimer. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
New York Times
27 minutes ago
- Business
- New York Times
NBA playoffs results and takeaways: Thunder earn trip to NBA Finals with rout of Wolves
OKLAHOMA CITY — The Oklahoma City Thunder are headed to the NBA Finals for the first time since 2012 after cruising to a 124-94 win over the Minnesota Timberwolves in Game 5 of the Western Conference finals Wednesday at Paycom Center. Reigning NBA MVP Shai Gilgeous-Alexander tallied 34 points and eight assists to lead the Thunder. He was particularly productive in the first half, scoring or assisting on 32 points to match Minnesota's total after two quarters. Gilgeous-Alexander was named Western Conference finals MVP. Advertisement Julius Randle paced the Timberwolves with 24 points while Anthony Edwards contributed 19. After a slow start that generated just nine points in the first quarter, Minnesota struggled to maintain possession and generally looked out of sorts. The Thunder flexed its dominant defense with 14 steals and eight blocks while limiting Edwards to his third sub 40-percent field goal game of the series. A 24-foot dagger from OKC guard Lu Dort with six-and-a-half minutes left in the fourth quarter put an exclamation point on the rout as fans sang 'Hey, hey, goodbye,' to the Timberwolves. Now, the Thunder awaits the result of the Eastern Conference finals with the knowledge that they will host the East champion to open the NBA Finals. The Indiana Pacers hold a 3-1 advantage over the New York Knicks with Game 5 slated for Thursday at 8 p.m. ET. Game 1 of the NBA Finals is set for June 5. This time, there might be no stopping them. The Thunder advanced through the Western Conference Finals with a 4-1 series win over the Minnesota Timberwolves. Oklahoma City will meet the winner between the Indiana Pacers and New York Knicks when the Finals begin on June 5. It will be the Thunder's first appearance since Kevin Durant, Russell Westbrook and James Harden led the franchise to the NBA Finals in 2012. The Thunder lost 4-1 to the Miami Heat that season, giving LeBron James his first championship. Now, the West's top-seeded Thunder, despite entering the season as the league's youngest team, will be the favorite to win it all. Gilgeous-Alexander is a major reason, and he showed why again with another dominant 34-point, seven-rebound, eight-assist closeout performance. Gilgeous Alexander averaged 31.4 points, 5.2 rebounds and 8.2 assists in the series, earning Western Conference Finals MVP. Advertisement With co-stars Jalen Williams and Chet Holmgren, the Thunder possess a similar three-headed monster to that trio Thunder fans loved in the franchise's early days. What separates this squad from that one — and will likely be the determining factor in the Finals — is defensive dominance. At halftime in Game 5, the Thunder hounded the Timberwolves into more turnovers (14) than made field goals (12). OKC's lead stood at 33 at that point and swelled to as much as 37. It was the Thunder's sixth win by at least 15 points in their 16 postseason games. Now, they are just four wins shy of capturing their first championship in the Oklahoma City era. — Darnell Mayberry, NBA senior writer This is the second consecutive postseason Anthony Edwards will head home looking like he's out of gas. Once again, the big need for him is to get into world-class shape. Play-until-June shape. Championship shape. Last year, he was completely spent at the end of the West Finals, having been summarily cooked by Kyrie Irving. But his fatigue was understandable after an epic seven-game series against Denver. But this year, the Wolves beat the Lakers and Warriors in 5 — and the win over Golden State didn't require him dealing with Steph Curry. Yet, Edwards has looked gassed since the second half of Game 4. Perhaps his Herculean effort in Game 3 took what he had left out of him. Yes, the Thunder's defense on him is special and designed to wear him down. But it seemed he hit empty trying to drive against OKC's perimeter stalwarts. He's not doing a lot of talking. He's visibly winded, grabbing his shorts. He couldn't even come close to impacting Game 5. He did play this summer in France. But several others did, too — including SGA — so that can't be a good enough reason to be out of energy this time of year. Tired is fine. Too exhausted to impose his will is not going to cut it. He's going to have to figure out this conditioning element. Advertisement He's only 23. So he can take that next step. And after two embarrassing exits, he should have the motivation to do so. But if he wants to win a title, and the Wolves can't make major upgrades, his load doesn't figure to get any lighter. — Marcus Thompson II, columnist A dominant first quarter by the finals-bound Thunder tested every ounce of the Timberwolves' resolve before Game 5's opening period ended. Minnesota opened the night with its lowest-scoring quarter of the season as the Thunder's Shai Gilgeous-Alexander began the early workings of another masterpiece. The Timberwolves' nine first-quarter points were almost tripled by the MVP's output via scoring and assists by then (24 points). Stacks of missed shots, turnovers and defensive lapses made it impossible for the Timberwolves to get within striking distance. They took almost 20 minutes to crack the 20-point threshold, which should worry a team with a payroll over $200 million. Although Minnesota has clinched more Western Conference finals berths in the last two seasons (well, two) than its 34 years of existence, most of the Timberwolves' series against the Thunder showed the gap between both franchises. Of course, the latter's finals run is another step in separating from the league, but Minnesota must gauge what steps to take to inch closer to the title round. The possible free agencies of two key players (Julius Randle, Naz Reid), the future of an aging Mike Conley and the long-term viability of defensive anchor Rudy Gobert will be key puzzles for the Timberwolves to solve in an effort to get over the hump. — James Jackson, NBA editor (Photo of Shai Gilgeous-Alexander and Lu Dort: Zach Beeker / NBAE via Getty Images)
Business Recorder
27 minutes ago
- Business
- Business Recorder
Nepra's decisions on KE tariffs: Power Div. flags potential consumers harm, urges revision
ISLAMABAD: The Power Division on Wednesday announced plans to file reviews of the National Electric Power Regulatory Authority's recent decisions regarding K-Electric tariffs, warning that parts of the rulings could have negative consequences for consumers if not revised. Power Minister Sardar Awais Khan Leghari took to X (formerly Twitter) to express concerns about Nepra's decisions announced during the last few days that have drawn strong reactions from the ministry. The minister's remarks came at a time when Nepra, which by law is the power sector regulator, feels helpless in implementing its directions issued to Power Division and its affiliated organizations. NEPRA approves K-Electric's MYT for supply segment Last month, during a public hearing on IEECO's Multi-Year Tariff petition , Member (Tech) Rafique Ahmad Shaikh, asked Power Division to get rid of Chief Executive Officer (CEO), for poor performance. Similar positions were seen in other Discos and NTDC, which irritated the Authority during public hearings. 'The Ministry has serious concerns regarding Nepra's multiple determinations related to K-Electric's licenses for generation, transmission, distribution, and supply. These decisions also impact the investment plan for the upcoming multi-year tariff period,' said the Power Minister. Leghari emphasized that the rulings have significant long-term implications for consumer tariffs and the Federal Government's subsidy framework under the uniform tariff regime. 'The ministry is preparing to seek a review of the recent determinations concerning transmission, distribution, and supply. Additionally, the reconsideration of an earlier generation tariff decision — submitted back in December 2024—still awaits Nepra's attention. This delay poses serious financial risks for the power sector and its associated subsidies,' he added. The minister further cautioned that unresolved issues within Nepra's rulings could negatively affect consumers and the broader regulatory environment, potentially deterring private sector investment in the distribution sector. According to a power sector expert, Nepra's annual recovery loss allowance of Rs 40 billion granted to K-Electric—totaling over Rs 320 billion across seven years. Another insider sarcastically stated that 'Minister seems super happy on Nepra's determinations'. Another expert stated that real challenge is rampant power theft and non-recovery of electricity bills in the country. On the governance side, however, the proposed bill to classify electricity theft as a criminal offense was recently rejected by lawmakers. As a result, Discos are left with no option but to recover their legitimate business costs from paying consumers — a practice observed across the country. Power Division wants to review Nepra's recent tariff determinations for K-Electric, consumers across Pakistan, including those in Karachi, already burdened with the PHL surcharge due to the continued non-recovery of dues from other government-owned Discos. The Nepra's determinations on KE Multi-Year Tariff petitions are actually removing such disparities currently present in Pakistan's power sector. Also, unlike KE previous multiyear tariff for 2017-23, there is a periodic review mechanism built in the tariff for the period 2023-30. Copyright Business Recorder, 2025
Yahoo
27 minutes ago
- Business
- Yahoo
JBD Sets a New Benchmark for MicroLED Micro-Display Technology: No More Than Three Defective Pixels per Panel--A Record Low for the Industry
SHANGHAI, May 28, 2025 /PRNewswire/ -- At this pivotal juncture when near-eye display technologies are rapidly advancing toward large-scale deployment, JBD, through sustained technological innovation, has succeeded in reducing the number of defective pixels in its MicroLED micro-displays from ≤100 to ≤3 per panel. This breakthrough not only signifies that MicroLED micro-displays have reached the quality-control standard of mature display technologies such as LCD, but also establishes a new benchmark for defective-pixel metrics across the MicroLED micro-display industry. The number of defective and dark pixels has long served as a key indicator of the reliability and technological maturity of MicroLED micro-display products. Previously, constrained by technological capabilities and production processes, the industry generally confronted a technical bottleneck of nearly 100 defective pixels per panel, which to some extent impeded the widespread adoption of consumer-grade AR devices. In order to overcome this constraint, JBD in recent years has conducted in-depth research into core MicroLED micro-display technologies, reducing the number of defective pixels to ≤3 per panel and dramatically raising the proportion of flawless zero-defect panels. Moreover, dark pixels are an equally long-standing yet frequently overlooked technical challenge in the MicroLED micro-display field, directly affecting image uniformity and overall image quality. Through technological upgrades, JBD has lowered the dark-pixel rate per panel from as high as 0.4% to an exceedingly low 0.03%, and—together with JBD's proprietary Demura pixel-level luminance-compensation algorithm—has greatly enhanced pixel-brightness uniformity. The count of dead and dark pixels exerts a direct and pronounced impact on display quality and user experience. Dead pixels manifest as conspicuous black specks within the image, undermining picture integrity and detail rendition; dark pixels introduce dim blemishes, compromising color accuracy and luminance uniformity. Under high-contrast or brightly lit conditions, these defects become particularly conspicuous, readily distracting users and diminishing visual immersion. By reducing defective and dark pixels, manufacturers prevent image discontinuities, muted colors, and distortion, significantly enhance picture integrity and uniformity, and thus play a pivotal role in elevating visual quality for AR near-eye displays. Bringing defective and dark pixels under tighter quality control in micro-displays requires a complicated, end-to-end effort; the aforementioned breakthrough results from JBD's sustained investment and concerted efforts in technology iteration, process optimization, defect analytics, and lean management. On the technological front, JBD has refined the epitaxial structure to achieve uniform material density, while innovative processes ensure homogeneous pixel-level drive characteristics. Regarding equipment and manufacturing, the introduction of advanced tools has enhanced manufacturing precision. From a production-management perspective, additional inspection steps have been integrated into every stage of the process, with critical stages subject to rigorous monitoring and precise control, guaranteeing that the entire production flow meets the highest quality standards. The foregoing not only attests to JBD's dramatic advances in technological innovation and manufacturing processes, but also signals that MicroLED micro-displays are entering a phase of application maturity. With the meteoric progress of AI technology, demand is mounting for lightweight AR glasses that can serve as all-day AI assistants. Thanks to its outstanding brightness, compact footprint, and low power consumption, MicroLED micro-display technology is steadily becoming the leading solution for such lightweight AR glasses. The substantial improvement in defective- and dark-pixel quality-control standards will further consolidate JBD's advantage in near-eye display applications. Standing at the threshold of mass adoption of consumer-grade AR smart glasses, JBD remains committed to delivering micro-display products of exceptional performance and proven reliability. Looking ahead, JBD will deepen its focus on MicroLED micro-display technology, amplify R&D investment, and propel the industry forward, steering it to ever-greater heights. About JBD Founded in 2015, JBD stands at the forefront of technological innovation, revolutionizing the realm of MicroLED microdisplay technology. Renowned for delivering the smallest, brightest, and most energy-efficient micro-display panels, JBD has become a global pioneer in advanced display solutions. From ultra-compact MicroLED displays to state-of-the-art projectors and optical modules, JBD's visionary products are reshaping the future of near-eye display technology. Driven by an unwavering commitment to excellence and innovation, JBD illuminates the path to a brighter, more vibrant digital world. Explore more about JBD's groundbreaking advancements by visiting their website( or engaging with them on LinkedIn and X (Twitter). View original content to download multimedia: SOURCE JBD Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Business
- Yahoo
Bank of Korea Cuts Rates, Slashes 2025 Growth Outlook
South Korea's central bank cut its policy rate in a widely expected move to support the country's sagging economy.
