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NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. ___ AP Business Writers Matt Ott and Yuri Kageyama contributed. Stan Choe, The Associated PressCentoni, EVP and Chief Customer Experience Officer at Cisco, Brings Proven Expertise in Elevating Customer Success PLEASANTON, Calif. , Dec. 3, 2024 /PRNewswire/ -- Workday, Inc . (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money , today announced the election of Liz Centoni, executive vice president and chief customer experience officer at Cisco, to its board of directors. Centoni is a seasoned leader who has a passion for leveraging technology to drive customer success and deliver unparalleled experiences. Throughout her career, Centoni has been spearheading initiatives that have significantly enhanced customer satisfaction and loyalty. "Liz's passion for championing customer success aligns perfectly with our unwavering commitment to delivering exceptional customer experiences, making her an ideal addition to our Board," said Carl Eschenbach , CEO, Workday. "Her expertise will be instrumental in ensuring that we continue to exceed customer expectations as we innovate and grow." Centoni has held a range of senior engineering and strategy roles during her 24 years at Cisco. In 2024, she led the company's $28 billion acquisition of Splunk, positioning Cisco at the forefront of the AI revolution. Centoni was also instrumental in developing Cisco's responsible AI framework, and has advocated for equity in tech at events including World Economic Forum's Annual Meeting. She is an active mentor and sponsor of underrepresented groups, including serving as Cisco's global executive sponsor for the Women in Science and Engineering (WISE) program. "Joining Workday's board is an exciting opportunity to collaborate with a company that shares my passion for empowering people and organizations through innovative technology and AI," said Liz Centoni , executive vice president and chief customer experience officer, Cisco. "I'm eager to leverage my experience to further strengthen Workday's customer-centric approach and contribute to its continued growth." Centoni's appointment is effective as of today. About Workday Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money . The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com . © 2024 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. Forward-Looking Statements This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. View original content to download multimedia: https://www.prnewswire.com/news-releases/workday-appoints-liz-centoni-to-its-board-of-directors-302321567.html SOURCE Workday Inc.Thiruvananthapuram: The Centre is set to officially announce the much-awaited Neopolis IT township project in Technopark Phase-IV , Thiruvananthapuram, with Prime Minister Narendra Modi slated to unveil the Rs 1,000 crore initiative. The Neopolis project , part of the Union ministry of housing and urban affairs' broader vision, is one of eight such projects proposed across the country, with Thiruvananthapuram being the sole city selected from Kerala. IPL 2025 mega auction IPL Auction 2025: Who got whom IPL 2025 Auction: Updated Full Team Squads The state govt has formed a nine-member joint panel, chaired by the IT secretary, to oversee the planning and coordination of the project. The govt order constituting this committee was issued on Saturday. "The PM will announce the project soon. As part of it, the state govt formed a committee to coordinate the project. While we cannot specify a timeline for the project's commencement, the Centre is giving it high priority," said an official close to the project. The Neopolis project is part of the larger Outer Area Growth Corridor (OAGC) initiative in the capital city. The township will cater to aerospace industries and related sectors such as electronics, software, and IT. In addition to business facilities, Neopolis will feature residential complexes, shopping malls, recreational areas, and five-star hotels, creating a self-sustaining urban ecosystem. Technological innovation will be at the heart of the Neopolis development, with a focus on emerging fields like robotics, artificial intelligence (AI), machine learning, data analytics, blockchain, and the Internet of Things (IoT). The project is expected to attract leading firms in these sectors, fostering research, innovation, and economic growth in the region. The project will be implemented through a Special Purpose Company (SPC), jointly promoted by Thiruvananthapuram Corporation, Andoorkonam Panchayat, Mangalapuram Panchayat, the Capital Regional Development Programme (CRDP), and Technopark. This collaborative effort will ensure that all stakeholders are aligned in the development process. The Neopolis project will complement another ambitious initiative at Technopark Phase-IV, known as QUAD, under the aegis of the state govt and Technopark. The state govt received the proposal for the Neopolis project from the special officer of the CRDP-II on Aug 30 this year, and the govt decided to form the committee as a prelude to the official announcement of the project. The gov also submitted a detailed proposal in response to the request for proposal (RFP) issued by the Union ministry of housing and urban affairs. The selected land, located on the outskirts of Thiruvananthapuram, is strategically positioned to benefit from existing infrastructure and future economic growth. The RFP was issued based on the recommendations of the 15th finance commission, which, for the first time, allocated Rs 8,000 crore as an incentive grant for the development of new cities in eight states, focusing on smart city principles. The CRDP's proposal, submitted in January 2023, identified the project site as meeting all the necessary criteria for this prestigious initiative.
Connected Rail Market Huge Growth in Future Scope 2024-2031 12-03-2024 10:12 PM CET | IT, New Media & Software Press release from: SkyQuest Technology Connected Rail Connected Rail Market Scope: Global Connected Rail Market size was valued at USD 94.6 Billion in 2022 and is poised to grow from USD 99.9 Billion in 2023 to USD 154.48 Billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031). The study of the global Connected Rail Market is presented in the report, which is a thoroughly researched presentation of the data. The analysis delves into some of the key facets of the global Connected Rail Market and shows how drivers like pricing, competition, market dynamics, regional growth, gross margin, and consumption will affect the market's performance. A thorough analysis of the competitive landscape and in-depth company profiles of the top players in the Connected Rail Market are included in the study. It provides a summary of precise market data, including production, revenue, market value, volume, market share, and growth rate. Request for Sample Copy of this Global Connected Rail Market: https://www.skyquestt.com/sample-request/connected-rail-market The best investment markers are insights into the most prominent market trends, which help potential participants make decisions even easier. The research aims to discover the numerous growth chances that readers may take into consideration and take advantage of using all the necessary information. The market growth over the coming years can be predicted with greater accuracy by carefully examining the important growth-influencing aspects including pricing, production, profit margins, and value chain analyses. Connected Rail Market Segments: Service Pickup Trucks, Passenger Mobility, Passenger Information System (PIS), Train Tracking and Monitoring, Automated Fare Collection System, And Predictive Maintenance Rolling Stock Freight Wagons, Passenger Wagons, Diesel Locomotive, Electric Locomotive, and Light Rail & Trams Safety & Signaling System Positive Train Control, Communication-based Train Control, and Automated Train Control Major Players Covered in Global Connected Rail Market Report: • Huawei Investment & Holding Co., Ltd• Robert Bosch GmbH • Cisco Systems, Inc.• IBM Corporation • Atos Corporation• Sierra Wireless• Tech Mahindra Limited • Calamp Corp. • Bombardier Inc. • Alstom SA • Sierra Wireless Inc. • Abb Limited • Ericsson • Digi International Inc. • Schneider Electric • Indra Sistemas S.A. • Ansaldo Sts • General Electric • Tech Mahindra Limited • Thales Group View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/connected-rail-market Report Inclusions: Market Overview: A product/services overview and the size of the global Connected Rail Market are included. It provides a summary of the report's segmental analysis. Here, the focus is on the product/service type, application, and regional segments. Revenue and sales market estimates are also included in this chapter. Competition: This section includes information on market conditions and trends, analyzes manufacturers, and provides data on average prices paid by players, revenue and revenue shares of individual market players, sales and sales shares of individual players. Company Profiles: This part of the research provides in-depth, analytical information on the financial and business strategy data of some of the top players in the global Connected Rail Market. This chapter of the report also covers a number of other specifics, such as product/service descriptions, portfolios, regional reach, and revenue splits. Region-wise Sales Analysis: This portion of the study provides market data along with regional revenue, sales, and market share analysis. Additionally, it offers estimates for each examined regional market's sales and sales growth rate, pricing scheme, revenue, and other factors. North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) The research study can answer the following Key questions: (1) What is the estimated size of the global Connected Rail Market at the end of the forecast period? (2) Is the segment-leading the global Connected Rail Market anticipated to retain its leadership? (3) Which regions demonstrate the maximum growth potential? (4) Does any player dominate the global Connected Rail Market? (5) What are the main drivers and restraints in the global Connected Rail Market? Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/connected-rail-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2024 to 2031 11.6 COVID-19 Outbreak: Connected Rail Market Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Connected Rail Market Sales, Consumption, Export, Import by Regions Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Connected Rail Market Business Chapter 15 Market Forecast (2024-2031) Chapter 16 Conclusions About Us: SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology. We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization Contact: Mr. Jagraj Singh Skyquest Technology 1 Apache Way, Westford, Massachusetts 01886 USA (!) 351-333-4748 Visit Our Website: https://www.skyquestt.com/ This release was published on openPR.By MICHELLE L. PRICE NEW YORK (AP) — Chad Chronister, Donald Trump’s pick to run the Drug Enforcement Administration, said Tuesday he was withdrawing his name from consideration, becoming the second person selected by the president-elect to bow out quickly after being nominated for a position requiring Senate confirmation. Sheriff Chronister, the top law enforcement officer in Hillsborough County, Florida, said in a post on X that he was backing away from the opportunity, which he called “the honor of a lifetime.” “Over the past several days, as the gravity of this very important responsibility set in, I’ve concluded that I must respectfully withdraw from consideration,” Chronister wrote. He did not elaborate, and Trump’s transition team did not immediately respond to a message seeking comment. Chronister follows former Republican congressman Matt Gaetz , Trump’s first pick to serve as attorney general, in withdrawing his name for a post in the administration. Gaetz withdrew following scrutiny over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. Trump’s pick of Chronister for the DEA job drew backlash from conservatives, who raised concerns over his actions during the COVID-19 pandemic and his saying that his office “does not engage in federal immigration enforcement activities.” In March 2020, Chronister arrested the pastor of a megachurch who held services with hundreds of people and violated a safer-at-home order in place aimed at limiting the spread of the Covid virus. “Shame on this pastor, their legal staff and the leaders of this staff for forcing us to do our job. That’s not what we wanted to do during a declared state of emergency,” Chronister said at the time. “We are hopeful that this will be a wakeup call.” U.S. Rep. Thomas Massie, R-Ky, was among those airing public complaints, saying Chronister should be “disqualified” for the arrest. Others flagged comments Chronister made in a video about Florida’s immigration laws that he released in 2023 that circulated again online after Trump named him last weekend. Related Articles National Politics | Trump team signs agreement to allow Justice to conduct background checks on nominees, staff National Politics | President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction National Politics | Democrats stick with Schumer as leader, their strategy for countering Trump is far less certain National Politics | Harry and Meghan’s charity gave $250,000 to Biden’s daughter for new nonprofit National Politics | Melinda French Gates plans to match $1 million in GivingTuesday gifts to groups that support women In the video, Chronister praised the “rich diversity” of his community and called it “a place where people from all walks of life come together.” He said it was important to note his office “does not engage in federal immigration enforcement activities. We do not target individuals based on their immigration status. That’s the authority of federal agencies.” Trump has made a sweeping crackdown on immigration a central focus of his campaign and his aims for his coming administration. Associated Press writer Adriana Gomez Licon in Fort Lauderdale, Florida contributed to this report.PHILADELPHIA, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Innovid Corp. (NYSE: CTV) (“Innovid”) on behalf of the company’s investors. Additional information: https://kaskelalaw.com/case/innovid-corp/ On November 21, 2024, Innovid announced that it would be acquired by Mediaocean at a price of $3.15 per share. Following the closing of the proposed transaction, Innovid investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded. The investigation seeks to determine whether the proposed $3.15 per share buyout price provides fair and sufficient value to Innovid shareholders for their CVT shares, and whether Innovid’s directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company to Mediaocean at $3.15 per share. Innovid shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 to receive additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/innovid-corp/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com . CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq. ( skaskela@kaskelalaw.com ) Adrienne Bell, Esq. ( abell@kaskelalaw.com ) 18 Campus Blvd., Suite 100 Newtown Square, PA 19073 (888) 715 – 1740 (484) 229 – 0750 www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.
Angel Oak Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of December 2024. The record date for the distribution is December 17, 2024, and the payable date is December 31, 2024. The Fund will trade ex-distribution on December 17, 2024. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to shareholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income. The final determination of the source and tax characteristics of these distributions will depend upon the Fund's investment experience during its fiscal year and will be made after the Fund's year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes. Angel Oak does not provide tax advice; shareholders should consult their tax advisor. A return of capital distribution does not necessarily reflect a fund's investment performance and should not be confused with "yield" or "income." ABOUT FINS Led by Angel Oak's experienced financial services team, FINS invests predominantly in U.S. financial sector debt as well as selective opportunities across financial sector preferred and common equity. Under normal circumstances, at least 50% of FINS' portfolio is publicly rated investment grade or, if unrated, judged to be of investment grade quality by Angel Oak. ABOUT ANGEL OAK CAPITAL ADVISORS, LLC Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions to its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive, risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of structured credit. Information regarding the Fund and Angel Oak Capital Advisors can be found at www.angeloakcapital.com . Past performance is neither indicative nor a guarantee of future results. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. For more information please contact your investment representative or Destra Capital Advisors LLC at 877.855.3434. © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust. View source version on businesswire.com: https://www.businesswire.com/news/home/20241203558524/en/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Is Pakistan’s Shahpar-3 drone BETTER than India’s TAPAS and Israel’s Hermes 900 UAVs? Here’s how it stacks up
AP News Summary at 2:22 p.m. EST
Damage deposit approved for camper cabins at Kandiyohi County parksNone
Measure to ban trans Montana lawmaker Zooey Zephyr from women's bathroom failsBy MICHELLE L. PRICE NEW YORK (AP) — Chad Chronister, Donald Trump’s pick to run the Drug Enforcement Administration, said Tuesday he was withdrawing his name from consideration, becoming the second person selected by the president-elect to bow out quickly after being nominated for a position requiring Senate confirmation. Sheriff Chronister, the top law enforcement officer in Hillsborough County, Florida, said in a post on X that he was backing away from the opportunity, which he called “the honor of a lifetime.” “Over the past several days, as the gravity of this very important responsibility set in, I’ve concluded that I must respectfully withdraw from consideration,” Chronister wrote. He did not elaborate, and Trump’s transition team did not immediately respond to a message seeking comment. Chronister follows former Republican congressman Matt Gaetz , Trump’s first pick to serve as attorney general, in withdrawing his name for a post in the administration. Gaetz withdrew following scrutiny over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. Trump’s pick of Chronister for the DEA job drew backlash from conservatives, who raised concerns over his actions during the COVID-19 pandemic and his saying that his office “does not engage in federal immigration enforcement activities.” In March 2020, Chronister arrested the pastor of a megachurch who held services with hundreds of people and violated a safer-at-home order in place aimed at limiting the spread of the Covid virus. “Shame on this pastor, their legal staff and the leaders of this staff for forcing us to do our job. That’s not what we wanted to do during a declared state of emergency,” Chronister said at the time. “We are hopeful that this will be a wakeup call.” U.S. Rep. Thomas Massie, R-Ky, was among those airing public complaints, saying Chronister should be “disqualified” for the arrest. Others flagged comments Chronister made in a video about Florida’s immigration laws that he released in 2023 that circulated again online after Trump named him last weekend. Related Articles National Politics | Trump team signs agreement to allow Justice to conduct background checks on nominees, staff National Politics | President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction National Politics | Democrats stick with Schumer as leader, their strategy for countering Trump is far less certain National Politics | Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs National Politics | Democrats’ outgoing chair says Trump’s win forces party to reassess how it reaches voters In the video, Chronister praised the “rich diversity” of his community and called it “a place where people from all walks of life come together.” He said it was important to note his office “does not engage in federal immigration enforcement activities. We do not target individuals based on their immigration status. That’s the authority of federal agencies.” Trump has made a sweeping crackdown on immigration a central focus of his campaign and his aims for his coming administration. Associated Press writer Adriana Gomez Licon in Fort Lauderdale, Florida contributed to this report.
Thunder beat Jazz 133-106 to keep alive hopes of advancing in the NBA CupThe beloved actor known for roles in "The Golden Girls," "The Mary Tyler Moore Show," "Boston Legal" and others will be on a 2025 Forever stamp, USPS announced this past week. White died in late December 2021 , less than three weeks before her 100th birthday. The Postal Service hasn't announced a release date for the stamp. “An icon of American television, Betty White (1922–2021) shared her wit and warmth with viewers for seven decades,” the Postal Service said in announcing the stamp, which depicts a smiling White based on a 2010 photograph by celebrity photographer Kwaku Alston . “The comedic actor, who gained younger generations of fans as she entered her 90s, was also revered as a compassionate advocate for animals.” Boston-based artist Dale Stephanos created the digital illustration from Alston's photo. "I'd love to send a letter back to my 18-year-old self with this stamp on it and tell him that everything is going to be OK," Stephanos posted on Facebook . Regardless of personal politics, self-proclaimed supporters of Republican President-elect Donald Trump and Democratic Vice President Kamala Harris reacted with delight on social media. "Betty White was my hero, all of my life! I actually had a doll when I was a little girl I named Betty White," one Trump supporter posted on X , formerly Twitter. “Something to make this awful week a little better: We’re getting a Betty White stamp,” a pro-Harris X account posted. White combined a wholesome image with a flare for bawdy jokes . Her television career began in the early 1950s and exploded as she aged. “The only SNL host I ever saw get a standing ovation at the after party," Seth Meyers posted on Twitter after her death. "A party at which she ordered a vodka and a hotdog and stayed til the bitter end.”The economist who predicted the election outcomes in detail tells BI his forecasts for 2025 GDP, inflation, and the threshold that would explode the deficit
Coal protest enters third day after activists charged
Ma:nyo’s senior vice-president Choi Jin-ho lets workers manage their work schedules, as long as they complete the mandatory number of working hours stipulated each month. SEOUL – At K-beauty brand Ma:nyo, employees can take time off from work to look after their children, run errands, or pop out for a yoga class or tennis lesson – during office hours. They are free to manage their work schedules, as long as they complete the mandatory number of working hours stipulated each month, which averages about 171 hours. This works out to roughly 81⁄2 hours a day. “It is about focusing on the work tasks, rather than the work hours, so I think that makes my company more efficient and more effective,” Ma:nyo’s senior vice-president Choi Jin-ho told The Straits Times. The company, known for its best-selling cleansing oil product, was named an exemplary employer for its work-family balance policies by the South Korean government in September. Ma:nyo’s flexible working arrangement bucks the trend in South Korea’s notoriously demanding corporate culture. One in four workers is not able to leave the workplace on time, a poll released in October found, with respondents citing excessive workloads and office culture as the primary reasons. Poor work-life balance has been cited as a key reason for South Korea’s nose-diving fertility rate, which hit a record low of 0.72 birth per person in 2023 , a situation that politicians have called a national emergency. South Korean workers put in an average of 1,872 hours annually in 2023, according to the Organisation for Economic Cooperation and Development (OECD), when the average for OECD countries was 1,742 hours. In an economic outlook report released in July, the OECD attributed South Korea’s declining birth rate to several factors, including a challenging social climate that makes it difficult to balance work and family. It emphasised the need to “reduce working hours to improve work-life balance and help turn around the fertility trend”, and suggested expanding parental leave to all workers, as well as expanding public and workplace childcare facilities. The South Korean authorities are now targeting small and medium-sized enterprises (SMEs) like Ma:nyo, which account for 83 per cent of employment in the country, to promote better work-life balance work cultures, in a bid to ease the declining birth rate. From February 2025, the government will offer tax incentives for SMEs that meet the Labour Ministry’s criteria for exemplary work-life balance practices and increase subsidies for those that hire substitute workers to cover employees on maternity leave. When announcing the measures in late September, South Korean President Yoon Suk Yeol said employers and workplace cultures play a key role in encouraging a higher birth rate. He added that the companies benefit as well, because “supporting work-life balance is not simply an increase in costs, but an investment that enhances corporate competitiveness and leads to greater growth”. Apart from creating a new ministry by 2025 to oversee low birth rate issues, the South Korean authorities are also rolling out more measures to incentivise employees to have children. The measures, starting in February 2025, include the doubling of paternal leave from 10 days to 20 days for fathers with newborn children. Parental leave benefits will also be raised to 2.5 million won (S$2,400) per month from the current 1.5 million won, for the first three months after the birth of a child. Mothers with prematurely born babies are granted 100 days of maternity leave instead of the standard 90 days, while fertility treatment leave will be increased from three days to six. Households with newborns will be given priority in housing allocations and low-interest loans for home purchases. At Ma:nyo, the employee birth rate has increased threefold since the introduction of flexible working hours in early 2022. The company, which has just over 100 employees, will see a total of six babies born in 2024. Ma:nyo designer Kim Sol-mi, 34, who has been with the company for seven years, did not think much about flexible work arrangements until after she became a mother around two years ago. Ms Kim Sol-mi, 34, a designer at K-beauty brand Ma:nyo, has a 23-month-old baby and finds the company’s flexi-time work arrangement very “valuable”. ST PHOTO: WENDY TEO She had returned from maternity leave right after the company implemented the new practice. Recently, her now 23-month-old baby had a bone fracture, and it made her realise how “valuable” the flexi-time work arrangement is for a good work-life balance. “The waiting time at paediatric orthopaedic clinics is extremely long, so having the flexibility to step out of the office during work hours was a tremendous help,” said Ms Kim. Other parents told ST that they welcomed the new government measures. Mr Jang Sang-ho’s wife lost her job of 10 years at an architectural design firm after taking two years of parental leave to care for their two sons, now aged six and four. During her leave, she received a government subsidy of up to half of her monthly salary. Mr Jang Sang-ho’s wife lost her job of 10 years at an architectural design firm after taking two years of maternity leave. Fortunately, Mr Jang works at a government agency that has a flexi-work policy. PHOTO: COURTESY OF JANG SANG-HO The subsidy will be capped at 23.1 million won a year from next February, up from 18 million won currently. “Her company had hired someone to replace her during her leave, and when my wife wanted to return, they apologised and said they cannot afford to support both of them at the same time. So my wife had to leave,” Mr Jang told ST. Fortunately for the couple, Mr Jang is a researcher at government agency Korea Institute For Robot Industry Advancement, which since 2021 has implemented a flexi-work policy introduced by the public sector to help parents raising young children. His daily working hours have been shortened by two hours without affecting his income. Instead of working from 9am to 6pm, he now works from 10am to 5pm, allowing him to drop off and pick up his children from childcare. This freed up time for his wife to look for a new position. She has found a similar architectural design job, but with a slightly lower pay than the previous one. If their finances allow, the couple will consider having a third child, given that Mr Jang’s work arrangement allows him to help out with childcare responsibilities. “For my wife, working is not just about the money, it is about her own life and dreams. She put aside her own aspirations to be my wife and the mother to our two children, but I want her to continue pursuing her dreams.” Mr Kim Hyun-soo took turns with his wife, a public servant, to take parental leave to care for their three children, aged 10, four and one. Mr Kim Hyun-soo, pictured here with his family, was promoted, even while he was on parental leave. This inspired his other colleagues to pick up the courage to take parental leave as well. PHOTO: COURTESY OF KIM HYUN-SOO The 42-year-old works at automotive parts company Hyundai Transys, an affiliate of Hyundai Motor Group. He took one year of parental leave in 2021 to help his eldest daughter adjust to elementary school, and was pleasantly surprised when he was promoted during his leave period. “Being promoted while on leave was surprising. I expected to be excluded, so it felt even more rewarding,” he told ST. As an active member of three parenting communities, Mr Kim is trying to change other fathers’ mindsets towards taking paternity leave. “Many fathers in the community groups express a strong desire to take paternity leave but are hesitant to do so, as it might affect their careers,” he said. Still, he advises them to try taking just one month of leave to spend time with their children. “After they experience the benefits of hands-on parenting, they might be more encouraged to embrace paternity leave benefits, which are a legally protected right.” Get the ST Smart Parenting newsletter for expert advice. Visit the microsite for more. Read 3 articles and stand to win rewards Spin the wheel now
Rarely does a college basketball game provide such stark contrast between the sport's haves and have-nots as when Jackson State faces No. 9 Kentucky on Friday in Lexington, Ky. While Kentucky claims eight NCAA Tournament crowns and the most wins in college basketball history, Jackson State has never won an NCAA Tournament game and enters the matchup looking for its first win of the season. Impressive tradition and current record aside, Kentucky (4-0) returned no scholarship players from last season's team that was knocked off by Oakland in the NCAA Tournament. New coach Mark Pope and his essentially all-new Wildcats are off to a promising start. Through four games, Kentucky is averaging 94.3 points per game, and with 11.5 3-pointers made per game, the team is on pace to set a school record from long distance. The Wildcats boast six double-figure scorers with transfer guards Otega Oweh (from Oklahoma, 15.0 ppg) and Koby Brea (from Dayton, 14.5 ppg) leading the team. The Wildcats defeated Duke 77-72 on Nov. 12 but showed few signs of an emotional letdown in Tuesday's 97-68 win over a Lipscomb team picked to win the Atlantic Sun Conference in the preseason. Kentucky drained a dozen 3-pointers while outrebounding their visitors 43-28. Guard Jaxson Robinson, held to a single point by Duke, dropped 20 points to lead the Kentucky attack. Afterward, Pope praised his team's focus, saying, "The last game was over and it was kind of on to, ‘How do we get better?' That's the only thing we talk about." Lipscomb coach Lennie Acuff also delivered a ringing endorsement, calling Kentucky "the best offensive Power Four team we've played in my six years at Lipscomb." Jackson State (0-5) and third-year coach Mo Williams are looking for something positive to build upon. Not only are the Tigers winless, but they have lost each game by nine or more points. Sophomore guard Jayme Mitchell Jr. (13.8 ppg) is the leading scorer, but the team shoots just 35.8 percent while allowing opponents to shoot 52.3 percent. The Tigers played on Wednesday at Western Kentucky, where they lost 79-62. Reserve Tamarion Hoover had a breakout game with 18 points to lead Jackson State, but the host Hilltoppers canned 14 3-point shots and outrebounded the Tigers 42-35 to grab the win. Earlier, Williams, who played against Kentucky while a student at Alabama, admitted the difficulties of a challenging nonconference schedule for his team. "Our goal is not to win 13 nonconference games," Williams said. "We're already at a disadvantage in that regard. We use these games to get us ready for conference play and for March Madness." Jackson State has not made the NCAA Tournament since 2007. The Tigers had a perfect regular-season record (11-0) in the Southwestern Athletic Conference in 2020-21 but lost in the league tournament. Kentucky has never played Jackson State before, but the game is being billed as part of a Unity Series of matchups in which Kentucky hosts members of the SWAC to raise awareness of Historical Black Colleges and Universities and provide funds for those schools. Past Unity Series opponents have been Southern in December 2021 and Florida A&M in December 2022. --Field Level MediaChad Chronister, Donald Trump’s pick to run the DEA, withdraws name from consideration
Work and pensions minister Sir Stephen Timms said the move aims to drive “real improvements” for disabled people, whom the ministers will be encouraged to engage with on a regular basis. He told the Commons: “I am very pleased to be able to announce today the appointment of new lead ministers for disability in each Government department, they will represent the interests of disabled people, champion disability inclusion and accessibility within their departments. “I’m going to chair regular meetings with them and will encourage them to engage directly with disabled people and their representative organisations, as they take forward their departmental priorities. “And I look forward to this new group of lead ministers for disability together driving real improvements across Government for disabled people.” This came during an adjournment debate on International Day of Persons with Disabilities, where Liberal Democrat MP Steve Darling raised concerns about “floating bus stops”, which have a cycle lane between the stop and the pavement. Intervening, the MP for Torbay, who is registered blind, said: “The Government needs to ban floating bus stops.” Sir Stephen said: “I do think this issue about floating bus stops is an important issue which we need to work across Government to reflect on.” Labour MP Debbie Abrahams, who led the debate, had earlier criticised the lack of accessibility for disabled people on trains. The Oldham East and Saddleworth MP said: “Our train network does not have level access, and we heard Dame Tanni Grey-Thompson from the other place make this plea back in the summer, absolutely outrageous what she was put through. “But I was absolutely shocked to find, when I had a presentation of the TransPennine route upgrade, that the rolling stock yet to be commissioned is not going to provide that level access. “It’s absolute nonsense, it’s not even in the design of that procurement, so we must do better than this.”Betty White Forever: New stamp will honor the much-beloved 'Golden Girls' actor