Dear Colleague:
We are pleased to announce the release of an online, self-paced training course that offers an overview of the One Big Beautiful Bill Act (P.L. 119-21) (OBBBA) as it relates to the federal student aid programs. The course covers current requirements and explains how the new law affects those requirements.
The course includes four lessons on the following topics:
About
Targa is a FORTUNE 500 company and is included in the S&P 500.
For more information, please visit the Company’s website at www.targaresources.com.
Forward-Looking Statements
Certain statements in this release are “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. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements, including statements regarding the Company’s projected financial performance, capital spending, and payment of future dividends. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company’s control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, actions taken by other countries with significant hydrocarbon production, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the timing and success of the Company’s completion of capital projects and business development efforts, the expected growth of volumes on the Company’s systems, the impact of significant public health crises, commodity price volatility due to ongoing or new global conflicts, the impact of disruptions in the bank and capital markets, changes in laws and regulations, particularly with regard to taxes, tariffs and international trade, and other uncertainties. These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Targa Investor Relations
InvestorRelations@targaresources.com
(713) 584-1133
Source: Targa Resources Corp.
Alphen aan den Rijn/Berlin – January 7, 2026 – Wolters Kluwer Legal & Regulatory announced today the launch of the Libra Legal AI Workspace in the Netherlands. The solution combines Libra’s leading AI technology with Wolters Kluwer’s reliable and authoritative legal content offering and signifies the first tangible result of the acquisition of Libra Technology in November 2025.
The Libra Legal AI Workspace provides users with an integrated working environment for legal research, drafting, review and analysis of legal documents, while having direct access to Wolters Kluwer legal content including legislation, commentaries, specialist literature, practical guides and digital formats. The content is seamlessly connected with Libra’s generative AI capabilities and supports legal workflows across the entire process.
For law firms and corporate legal departments in the Netherlands, Wolters Kluwer and Libra set new standards for using AI in the legal profession:
Rimco Spanjer, VP & Managing Director Wolters Kluwer Legal & Regulatory Benelux: “Being deeply rooted in the workflows of our customers with our content solutions, we are happy to enhance our offerings in the Netherlands by launching the Libra Legal AI Workspace. The integrated AI working environment combines high-quality legal content from Wolters Kluwer and innovative technology, making the day-to-day work of law firms and corporate legal departments significantly more efficient.”
Viktor von Essen, Co-Founder and CEO of Libra: “We are delighted to start our pan-European expansion with the market entry in the Netherlands. It allows us to immediately showcase the full potential of the Libra Legal AI Workspace in one of Wolters Kluwer’s core markets. We are looking forward to launching Libra in further European countries soon.”
As of today, existing Wolters Kluwer customers in the Netherlands can start a free trial version of the Libra Legal AI Workspace immediately. More information can found on www.libratech.ai/nl.
News Release
January 6, 2026
The City of Toronto, in partnership with United Way of Greater Toronto, has opened nominations for the 2026 Toronto Community Champion Award. Launched in 2023, this annual program celebrates community organizations that strengthen Toronto, support residents and foster inclusion, with a focus on those serving Indigenous, Black and other equity-deserving groups.
Residents can nominate organizations based on their lived/living experiences, highlighting the work of non-profit organizations who are making a difference in their communities.
Nominations will be reviewed by a panel of community leaders. Award recipients will be selected from organizations that:
To be eligible, nominated organizations must:
Nominations are open until 11:59 p.m. on Sunday, February 1. Residents can submit a nomination or learn more on the City’s website: toronto.ca/communitychampion.
Award recipients will be announced and honoured at a ceremony on Tuesday, May 12, 2026.
Toronto is home to more than three million people whose diversity and experiences make this great city Canada’s leading economic engine and one of the world’s most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture and innovation and climate action, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses. For more information visit the City’s website or follow us on X, Instagram or Facebook.
Americans have taken an increasingly dim view of sports betting in the seven years since the Supreme Court overturned a federal ban, as online wagers have skyrocketed, igniting concerns over the personal and social costs.
According to a recent poll from the Pew Research Center, 43 percent of U.S. adults say the fact that sports betting is now legal in much of the country is a bad thing for society. That’s up from 34 percent in 2022.
Harvard experts and others suggest that gambling addiction appears to be growing as a public health concern for individuals, and some see the likelihood of wider economic fallout.
Counselors have reported an growing number of patients with gambling problems. And a February study in JAMA Internal Medicine noted that internet searches for gambling-addiction help have risen 23 percent nationally from the 2018 court ruling through June 2024.
“When new forms of gambling appear, the rate of savings go down, then you see the rate of credit card defaults going up. And you see the rate of mortgage defaults going up. So these are long-term financial and societal costs with broad implications,” said Malcolm Sparrow, professor of the practice of public management at Harvard’s John F. Kennedy School of Government.
“Having it on your phone with push notifications and constant advertisements is able to kind of hijack your brain in a really fascinating way. Before, you’d have to drive to a casino, and I think that served as a bit of a barrier.”
Spencer Andrews
In the U.S., the floodgates for sports betting were opened in 2018 following a Supreme Court decision to overturn a federal sports gambling ban and turn over regulation to state governments. Currently, 39 U.S. states have passed legislation legalizing sports betting in some form.
The JAMA study found that total sports wagers increased from $4.9 billion during 2017 to $121.1 billion during 2023, with 94 percent of wagers during 2023 being placed online.
“It takes between five and seven years before countries become more painfully aware of all the misery that increased access wreaks on public health, public finances, and so on,” said Sparrow, much of whose work involves who studying the regulation of societal risks, including gambling.
The initial push for legalization stemmed from a desire for state governments to create an alternate form of tax revenue. Lobbyists for sports betting companies have downplayed the addictive nature of the behavior, experts say.
“It made a lot of sense to do. It was popular, and everyone was going to make money off of it,” said Spencer Andrews, a student fellow at Harvard’s Petrie-Flom Center. Andrews, who spent several years as a research fellow at the National Institutes of Health, is the author of a two-part series for the Bill of Health Blog regarding the dangers of sports gambling.
“I just think it was a short-sighted decision,” he said. “In the end, as ubiquitous as it is now, it’s clearly gotten out of hand.”
In his series Andrews picks up on an aspect of sports betting that, according to psychologists, lends itself to addictive behavior.
“Having it on your phone with push notifications and constant advertisements is able to kind of hijack your brain in a really fascinating way,” he said. “Before, you’d have to drive to a casino, and I think that served as a bit of a barrier.”
Debi LaPlante, director of the Division on Addiction at the Cambridge Health Alliance and an associate professor of psychiatry at Harvard Medical School, said she thinks it may be hard for clinicians to spot and treat negative sports betting behaviors because most have so little experience with it.
“Many healthcare providers don’t have the knowledge, skills, or tools to address gambling-related problems among their clients and patients,” she said.
LaPlante suggests making screening for gambling widely available for healthcare professionals to better connect people to help.
“Sometimes people don’t recognize when gambling is causing a problem,” she said.
Sparrow added that research suggests that even mild participation in sports betting may be harmful.
“We suspect up to 50 percent of gamblers suffer some degree of harm and regret, and a much broader definition say it’s having an adverse effect on their life, and they’ve tried to stop but can’t,” he said. “Now that’s not enough to get you designated as a gambler, but it still means it’s having a lasting detrimental effect in one dimension of life or another.”
Some safeguards have been implemented in recent years. Some sports betting apps allow users to set loss limits, and nearly every advertisement for sports betting across the U.S. is accompanied by addiction helpline information.
Andrews added that banning advertising during sports events may help state governments cut down on risky betting.
“It’s kind of like a cigarette brand advertising at a nicotine lovers conference or something. It’s a cheat code,” he said. “At the end of the day, the government owes their consumers a protection from being led astray by private interests. And I think taking a step back and letting anything happen here is just not the answer.”
Sparrow said another strategy is for states that haven’t approved online sports betting to stand firm.
“The industry would like to have us all believe that it’s inevitable all 50 will get there eventually,” he said. “The economic benefits are grossly over-emphasized in the policy debates leading up to legalization or increased legalization, and that’s a deliberate tactic on behalf of the industry.”
Corporate
Samsung Tech Forum series continues at CES 2026 with industry leaders convening to explore the evolution of streaming
1/6/2026
Samsung Electronics Co., Ltd. held “FAST Forward: How New Streaming Models Are Shaping the Next Generation of TV” as part of its Tech Forum panel series at CES 2026. Taking place at The Wynn in Las Vegas, Nevada, the panel brought together leaders from entertainment and media to explore the evolution of streaming and the rapid rise of free-ad-supported television (FAST).
The session highlighted the interconnected relationship between today’s rapidly evolving consumer behaviors and preferences, the transformation of content by technology and monetization models, the expanding role of creators as studios and the ways in which interactive and live experiences are catalyzing a shift from passive viewing into active engagement.
Moderated by Natalie Jarvey of The Ankler, the panel featured Salek Brodsky, SVP and Global Head of Samsung TV Plus; Alessandra Catanese, CEO of Smosh and Bruce Casino, EVP, Sales & Distribution, U.S., NBCUniversal Global TV Distribution.
As audiences grapple with subscription fatigue and a fragmented streaming landscape, the panel focused on how FAST is restoring simplicity and value to television. Samsung TV Plus anchored the conversation as a platform designed to reduce friction, offering hundreds of live and on-demand channels in one free, easily accessible experience across Samsung TVs and devices worldwide.
“The TV experience today can often feel like too much work for the viewer,” said SVP Brodsky. “Our goal with Samsung TV Plus is to simplify television again and combine the power of linear discovery with a modern, connected experience that feels effortless, curated and truly valuable.”
The panelists emphasized that FAST has evolved into a core part of the streaming ecosystem, complementing subscription and traditional models while delivering premium, proven programming at scale. For Samsung TV Plus, that evolution is rooted in shared experiences that elevate viewing and meet users not just where they already are, but where they want to be.
Panelists emphasized that the evolution of streaming is less about replacing traditional models and more about expanding how audiences engage with content. FAST, subscription and linear distribution models are increasingly working in tandem, allowing studios to extend the life of proven franchises, reach new viewers and unlock additional value without sacrificing performance elsewhere. By leveraging data, audience behavior and decades of content insight, media companies are deploying FAST to complement existing channels and create a more resilient and diversified ecosystem.
EVP Bruce Casino highlighted how this approach has enabled NBCUniversal to bring both classic and contemporary content to FAST audiences while continuing to see strong performance across platforms. “FAST doesn’t replace traditional distribution, it extends it,” said Casino. “What we’re seeing is that when great content shows up in multiple places, it creates incremental value rather than cannibalization — allowing franchises to thrive across FAST, streaming and linear channels.”
The panel also examined how the changing nature of consumer habits and television platforms means content creators do not have to work exclusively with legacy studios to reach a broad audience. As this medium expands from social platforms to the living room, FAST is helping bridge digital culture and traditional TV, while also serving to elevate its production quality.
Samsung TV Plus was highlighted as a platform that helps creators evolve from digital-first brands into full-fledged television studios, helping expand reach, unlock new monetization opportunities and introduce content to broader, global audiences.
One of the clearest examples of a brand that has taken the step from digital-first brand to legitimate TV studio is sketch comedy-improv collective Smosh. By launching a FAST channel with Samsung TV Plus, Smosh has been able to strengthen its connection with its already-dedicated fans while gaining access to a much larger viewer base. Due to this evolution, Smosh has enhanced long-term growth.
“Partnering with Samsung TV Plus allowed us to elevate our production quality and invest in the future of the Smosh brand,” said CEO Alessandra Catanese. “It was the right platform to help us reach a broader audience while positioning our content in a premium environment that supports where we’re headed as a company.”
LANSING, Mich. – Michigan’s seasonally adjusted unemployment rate decreased by one-tenth of a percentage point between September and November, according to data released today by the Michigan Department of Technology, Management & Budget. Employment receded by 6,000 between September and November and the number of unemployed people fell by 7,000, resulting in a workforce decline of 13,000 during this period.
“Although the state lacked several key labor metrics for October, data for the two-month period from September to November revealed continued trends of a declining unemployment rate and total labor force,” said Wayne Rourke, labor market information director for Michigan’s Center for Data and Analytics. “Payroll job growth was marginal in November and showed little net change since April.”
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October Estimates and the Federal Government Shutdown Household survey: Due to the suspension of Federal government services from Oct. 1 to Nov. 12, October 2025 employment, labor force, and unemployment data will not be published. Household survey data were not collected for October 2025 and were not collected retroactively. Establishment survey: The collection periods for October and November estimates were extended, which allowed October payroll jobs data to be made available. For more information on the impact of the 2025 federal government shutdown on data availability, please go to www.bls.gov/cps/methods/2025-federal-government-shutdown-impact-cps.htm. |
Labor force trends and highlights
Detroit region unemployment rate advances between September and November
The Detroit-Warren-Dearborn Metropolitan Statistical Area’s (MSA) seasonally adjusted unemployment rate rose by 0.1 percentage points between September and November to 4.7 percent. Employment fell by 12,000, and total unemployment edged up by 1,000. The Detroit metro area labor force fell by 12,000 between September and November.
Over the year, the Detroit metro area jobless rate decreased by 0.3 percentage points. The region’s labor force was nearly unchanged, edging down by 1,000 since November 2024.
Michigan nonfarm payroll jobs increase during November
According to the monthly survey of employers, Michigan seasonally adjusted payroll employment rose by 3,000 in November, resulting in a job total of 4,539,000.
Industry employment trends and highlights
For more detailed information, including data tables, view the full release.