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WASHINGTON (AP) — The chair of the Democratic National Committee informed party leaders on Monday that the DNC will choose his successor in February, an election that will speak volumes about how the party wants to present itself during four more years of Donald Trump in the White House. Jaime Harrison, in a letter to members of the party’s powerful Rules & Bylaws Committee, outlined the process of how the party will elect its new chair. Harrison said in the letter that the committee will host four candidate forums — some in person and some virtually — in January, with the final election on Feb. 1 during the party’s winter meeting in National Harbor, Maryland. The race to become the next chair of the Democratic National Committee, while an insular party affair, will come days after Trump is inaugurated for a second term. Democrats' selection of a leader after Vice President Kamala Harris’ 2024 loss will be a key starting point as the party starts to move forward, including addressing any structural problems and determining how to oppose Trump. Members of the Rules & Bylaws Committee will meet on Dec. 12 to establish the rules for these elections, which beyond the chair position will include top party roles like vice chairs, treasurer, secretary and national finance chair. The committee will also use that meeting to decide the requirements for gaining access to the ballot for those top party roles. In 2021, candidates were required to submit a nominating statement that included signatures from 40 DNC members and that will likely be the same standard for the 2025 campaigns. “The DNC is committed to running a transparent, equitable, and impartial election for the next generation of leadership to guide the party forward,” Harrison said in a statement. “Electing the Chair and DNC officers is one of the most important responsibilities of the DNC Membership, and our staff will run an inclusive and transparent process that gives members the opportunity to get to know the candidates as they prepare to cast their votes.” Two Democrats have announced campaigns for chair: Ken Martin, chair of the Minnesota Democratic-Farmer-Labor Party and a vice chair of the national party, and Martin O’Malley, the former Maryland governor and current commissioner of the Social Security Administration. Other top Democrats are either considering a run to succeed Harrison or are being pushed by party insiders, including former Texas Rep. Beto O’Rourke; Michael Blake, a former vice chair of the party; Ben Wikler, chair of the Democratic Party of Wisconsin; Rahm Emanuel, the U.S. ambassador to Japan and a former Chicago mayor; Sen. Mallory McMorrow, majority whip of the Michigan Senate, and Chuck Rocha, a longtime Democratic strategist. The next chair of the committee will be tasked with rebuilding a party demoralized by a second Trump victory. They will also oversee the party’s 2028 nominating process, a complex and contentious exercise that will make the chair central to the next presidential election. Harrison, of South Carolina, made clear in his letter to the rules committee that the four forums hosted by the party would be live streamed and the party would give grassroots Democrats across the country the ability to engage with the process through those events. He also said he intends to remain neutral during the chair election. ___ This story has been corrected to show that McMorrow is a senator, not a representative. Dan Merica, The Associated PressLOS ANGELES--(BUSINESS WIRE)--Nov 25, 2024-- Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it plans to change its Nasdaq ticker symbol from “FFIE” to “FFAI” in early 2025. This change aligns with the Company’s continued focus on its AI strategy that includes its new FX brand strategy. Surveys conducted over the past year also consistently showed a preference for changing the ticker symbol from "FFIE" to "FFAI." The Company plans to announce the date and detailed plans for the official stock ticker symbol change and “FF AI Open Day” in January 2025. “Since its establishment, AI has been an FF cornerstone,” said Matthias Aydt, Global CEO of Faraday Future. “The stock ticker ‘FFAI’ better reflects the Company’s strategic direction. With FF’s AI technology empowering the FX strategy and the gradual implementation of this strategy, we aim to create AIEVs with extreme price-experience ratio, addressing gaps in the U.S. AIEV market, including AI cabins. Our goal is to drive the comprehensive AI transformation of the U.S. EV industry.” FF’s All-AI Technology Architecture to push the boundaries of AIEV Since its founding, FF has recognized that intelligent electric vehicles are not merely tools for transportation but dynamic, evolving “mobile robots.” FF has always believed that its foundation is in AI technologies. AI is at the core of the FF aiHyper 6x4 Architecture 2.0. By leveraging specialized large AI models in the mobility sector, FF AI aims to achieve complete AI integration through cross-domain computing, algorithms, and data, along with end-to-end full-chain integration. This enables a fully integrated AI-driven technology structure, where the four major AI engines empower the four technology systems and six technology platforms. Magic All-In-One AI Engine is powered by a multi-modal large model driven by visual language models (VLMs), aiming at integrating road pre-scanning, cloud data, and vehicle sensors to deliver the ultimate driving experience. Hyper Multi-Vectoring AI engine could leverage large AI models to enable AI-driven control of steering, braking, and power delivery, aiming to unleash the vehicle's Hyper performance through AI technology. The 3rd aiSpace AI Engine leverages proprietary large-scale models specifically designed for mobility, delivering comprehensive intelligent services by seamlessly integrating end-to-end computation, algorithms, and cross-domain data. FF aiDriving AI Engine utilizes a large VLM to achieve deep integration of vision, language, speech, and historical data to make every journey safe, intelligent, and enjoyable. By integrating data from the mobility ecosystem and incorporating third-party general-purpose large models alongside proprietary large-scale models tailored for mobility, the FF AI platform aims to push the boundaries of AIEV technologies and pave the way for an open, collaborative, and mutually beneficial future mobility ecosystem. The FX strategy presents an excellent opportunity for the application and evolution of the Company’s AI strategy. FF’s AI capabilities are planned to empower the FX brand through iterative innovation, enabling AI to consistently redefine the mobility experience. Comprehensive AI Strategy Could Deliver Multi-Dimensional Value for Users, Partners and Industry FF’s AI strategy includes introducing new revenue streams, such as in-vehicle subscriptions and AI-driven value-added services. These innovations could also enhance user loyalty and recognition. For users, FF and FX products could act as “intelligent partners,” with product design centered on natural interaction methods, including voice and gesture controls. These features would deliver intuitive, seamless interactions that continuously improve through learning, offering personalized AI experiences. Through its “AI-First” approach and co-creation ecosystem, FF is driving the evolution of cars from traditional vehicles to intelligent mobile devices, setting new benchmarks for future smart vehicles. By fostering collaboration with global developers and AI experts, FF aims to propel industry-wide innovation, benefiting the sector and its partners. ABOUT FARADAY FUTURE Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility. FORWARD LOOKING STATEMENTS This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding changing the Company’s ticker symbol, hosting an AI open day event, and full integration of AI in the Company’s vehicles, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company may determine to not change its ticker symbol; the Company may determine to not host an AI open day event; the Company’s ability to fully integrate AI into its vehicles on a cost effective basis, if at all; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure additional agreements with OEMs that are necessary to execute on the FX strategy; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125391240/en/ Investors (English):ir@faradayfuture.comInvestors (Chinese):cn-ir@faradayfuture.comMedia:john.schilling@ff.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE VEHICLE TECHNOLOGY MOBILE/WIRELESS EV/ELECTRIC VEHICLES INTERNET DATA MANAGEMENT ALTERNATIVE VEHICLES/FUELS IOT (INTERNET OF THINGS) TECHNOLOGY AUTOMOTIVE ARTIFICIAL INTELLIGENCE AUTOMOTIVE MANUFACTURING MANUFACTURING SOURCE: Faraday Future Intelligent Electric Inc. Copyright Business Wire 2024. PUB: 11/25/2024 05:02 PM/DISC: 11/25/2024 05:01 PM http://www.businesswire.com/news/home/20241125391240/enA judge on Monday rejected a request to block a San Jose State women’s volleyball team member from playing in a conference tournament on grounds that she is transgender. Monday’s ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to compete in the Mountain West Conference women’s championship opening this week in Las Vegas.Cavaliers out to avenge loss, cool off red-hot Celtics

Shares of Viking Therapeutics, Inc. ( NASDAQ:VKTX – Get Free Report ) were up 2% on Thursday . The company traded as high as $54.73 and last traded at $54.51. Approximately 2,571,782 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 4,522,554 shares. The stock had previously closed at $53.42. Wall Street Analysts Forecast Growth Several equities research analysts recently weighed in on the company. StockNews.com raised Viking Therapeutics to a “sell” rating in a research report on Tuesday, October 15th. Oppenheimer reaffirmed an “outperform” rating and set a $138.00 price objective on shares of Viking Therapeutics in a report on Wednesday, September 25th. HC Wainwright reiterated a “buy” rating and issued a $102.00 target price on shares of Viking Therapeutics in a report on Tuesday. William Blair restated an “outperform” rating on shares of Viking Therapeutics in a report on Wednesday, November 20th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $105.00 price objective on shares of Viking Therapeutics in a research note on Thursday, September 12th. One analyst has rated the stock with a sell rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $109.73. Read Our Latest Stock Analysis on VKTX Viking Therapeutics Stock Performance Viking Therapeutics ( NASDAQ:VKTX – Get Free Report ) last issued its earnings results on Wednesday, October 23rd. The biotechnology company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.02. During the same period in the prior year, the firm earned ($0.23) earnings per share. Sell-side analysts anticipate that Viking Therapeutics, Inc. will post -0.98 earnings per share for the current fiscal year. Insider Activity at Viking Therapeutics In related news, Director Lawson Macartney sold 2,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $68.67, for a total value of $137,340.00. Following the sale, the director now owns 47,965 shares of the company’s stock, valued at $3,293,756.55. The trade was a 4.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director J Matthew Singleton sold 10,300 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $69.50, for a total value of $715,850.00. Following the completion of the sale, the director now owns 9,500 shares in the company, valued at $660,250. This trade represents a 52.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 371,117 shares of company stock valued at $27,140,009 over the last quarter. 4.70% of the stock is owned by company insiders. Institutional Trading of Viking Therapeutics Several large investors have recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in shares of Viking Therapeutics in the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Viking Therapeutics in the second quarter worth $27,000. GAMMA Investing LLC grew its holdings in shares of Viking Therapeutics by 124.6% during the third quarter. GAMMA Investing LLC now owns 438 shares of the biotechnology company’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Viking Therapeutics in the third quarter valued at $32,000. Finally, Stone House Investment Management LLC raised its holdings in shares of Viking Therapeutics by 66.7% in the third quarter. Stone House Investment Management LLC now owns 500 shares of the biotechnology company’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. 76.03% of the stock is owned by institutional investors. About Viking Therapeutics ( Get Free Report ) Viking Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development of novel therapies for metabolic and endocrine disorders. The company's lead drug candidate is VK2809, an orally available tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta (TRß), which is in Phase IIb clinical trials to treat patients with biopsy-confirmed non-alcoholic steatohepatitis, as well as NAFLD. Featured Stories Receive News & Ratings for Viking Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viking Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .

By Funto Omojola, NerdWallet Mobile wallets that allow you to pay using your phone have been around for well more than a decade, and over those years they’ve grown in popularity, becoming a key part of consumers’ credit card usage. According to a “state of credit card report” for 2025 from credit bureau Experian, 53% of Americans in a survey say they use digital wallets more frequently than traditional payment methods. To further incentivize mobile wallet usage, some credit card issuers offer bonus rewards when you elect to pay that way. But those incentives can go beyond just higher reward rates. In fact, mobile wallets in some ways are becoming an essential part of activating and holding a credit card. For example, they can offer immediate access to your credit line, and they can be easier and safer than paying with a physical card. From a rewards perspective, it can make a lot of sense to reach for your phone now instead of your physical card. The Apple Card offers its highest reward rates when you use it through the Apple Pay mobile wallet. Same goes for the PayPal Cashback Mastercard® when you use it to make purchases via the PayPal digital wallet. The Kroger grocery store giant has a co-branded credit card that earns the most when you pay using an eligible digital wallet, and some major credit cards with quarterly rotating bonus categories have a history of incentivizing digital wallet use. But again, these days it’s not just about the rewards. Mobile wallets like Apple Pay, Samsung Pay and PayPal can offer immediate access to your credit line while you wait for your physical card to arrive after approval. Indeed, most major issuers including Bank of America®, Capital One and Chase now offer instant virtual credit card numbers for eligible cards that can be used upon approval by adding them to a digital wallet. Additionally, many co-branded credit cards — those offered in partnership with another brand — commonly offer instant card access and can be used immediately on in-brand purchases. Credit cards typically take seven to 10 days to arrive after approval, so instant access to your credit line can be particularly useful if you need to make an urgent or unexpected purchase. Plus, they allow you to start spending toward a card’s sign-up bonus right away. As issuers push toward mobile payments, a growing number of merchants and businesses are similarly adopting the payment method. The percentage of U.S. businesses that used digital wallets increased to 62% in 2023, compared to 47% the previous year, according to a 2023 survey commissioned by the Federal Reserve Financial Services. Related Articles Business | Event promoters, hotels and lodging sites soon will have to disclose extra fees up front Business | Should you donate your points and miles to charity? Business | 4 ways to hit your family savings goals in 2025 Business | The year in money: inflation eased, optimism ticked upward Business | 5 ways to tell if you’re on track for retirement — and 5 things to do if you need to catch up, according to experts Wider acceptance is potentially good news for the average American, who according to Experian has about four credit cards. While that won’t necessarily weigh down your wallet, it can be hard to manage multiple cards and rewards categories at once. Mobile wallets offer a more efficient way to store and organize all of your workhorse cards, while not having to carry around ones that you don’t use often. They can also help you more easily monitor your spending and rewards, and some even track your orders’ status and arrival time. Plus, paying with a digital wallet offers added security. That’s because it uses technology called tokenization when you pay, which masks your real credit card number and instead sends an encrypted “token” that’s unique to each payment. This is unlike swiping or dipping a physical card, during which your credit card number is more directly accessible. And again, because a mobile wallet doesn’t require you to have your physical cards present, there’s less chance of one falling out of your pocket or purse. More From NerdWallet Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com. The article Activating Your Credit Card? Don’t Skip the Mobile Wallet Step originally appeared on NerdWallet .LAGOS – The federal government, on Tuesday in Lagos, disclosed that ongoing efforts and activities of partner agencies to reduce the Out-Of-School-Children in Nigeria has impacted a total of two million beneficiaries. Dr Maruf Tunji Alausa, the Honorable Minister Of Education, disclosed this at the opening ceremonies of the ongoing three-day summit of the Basic Education In Nigeria Bootcamp (Ben-B) summit held in Lagos with the theme: “Improving Access to Inclusive Quality Education for All Children in Nigeria: Addressing the Challenges of Out-of-School Children”. The Minister in his message delivered by Dr (Mrs) Folake Olatunji-David, Director of Basic Education in the Federal Ministry of Education said the implementation of policies through the activities of four of its agencies and bilateral development partners supported by the take-off of the Almajiri and Out-of-School Commission is making positive impacts as part of the system-wide policy with a huge impact on Out-of-­School Children. He said, “The Federal Ministry of Education is set for and indeed has commenced the implementation of key policies distilled with system-wide outcomes and their deep practical effects in the life of this Administration.” He said the policies captured by the Data Repository, Out-of-School Children Education, Teacher Training & Development, and Skills Development and Acquisition (DOTS) when implemented, will succeed in connecting the dots for the improvement of the overall education system in Nigeria. Emphasising the importance of data at the summit organised by the Federal Ministry of Education (FMoE), the Minister lamented the uncoordinated data repository in the country, saying unverifiable data has resulted in the citing of different figures for Out-Of-School-Children by governments and various bilateral partners. He acknowledged the place of quality teachers as pivotal in achieving policies on quality education and skilling, saying extant policies on teacher’s welfare, support and development would be reviewed for a more effective implementation. He added, “As we strive to ensure unfettered access to nine (9) years of formal basic education, we recognize the importance of free, Universal Basic Education for every Nigerian child of school-going age. Our collective efforts aim to reduce drastically the incidence of drop-out from the formal school system, through improved relevance, quality and efficiency.” Governor Babajide Sanwo-Olu, in a keynote address, said the place of education at all levels of the renewed hope agenda of President Bola Tinubu will create a befitting future for children and, in effect, have a positive impact on the nation’s social, economic, technology and political advancement. The Governor, represented by Hon. Jamiu Alli-Balogun, the Commissioner For Primary and Basic Education, said the outcomes will include sustainable plans, policies, and regulations that are visible, accessible, practical-oriented and cost-effective. He stressed the commitment of the state government to education and technology as one of the core THEME+ agenda of Lagos State, saying it has created and leveraged better education performance with a technology-driven approach. “The state had committed more resources in the establishment of new schools, skills acquisition centres, continuous rehabilitation of schools, restructuring of school plants, recruitment of professionally qualified teachers, provision of teaching materials, deployment of technology, teachers’ capacity building and motivation across the board. “In Lagos State, we have come up with various strategies to combat out-of-school children through aggressive enrollment drives and project zero, which reduces learning poverty and equally returning children found on the street to school,” he said. He urged stakeholders in the education sector to change the current approaches to build a world where every child survives, thrives, and has the power to shape their future. Prof Pai Obanya of the Institute of Education at the University of Ibadan (UI), the lead paper presenter, urged stakeholders to change the current notion about the profession, saying “Teaching is not as simply telling, but mainly as guiding, continuous assessment in place of continual testing, support tools from local and other sources,” he advocated. Delivering a paper titled: “Improving Access to Inclusive Quality Education for all Children in Nigeria: Addressing the Challenge of Out-Of-School-Children”, Prof Obanya called for disaggregated data and enhanced inter-agency synergy, the institution of systematic monitoring and targeted funding as part of measures to put the nation’s education back on track and tackle the Out-Of-School-Children menace. He urged the managers of the education sector to revisit and be guided by the implementation guidelines on Universal Basic Education (UBE),1999, UBE Roadmap, 2015 and the National Teacher Education Policy to reset the sector for sustainable growth amd development. Purpose Of the Summit Dr. Olatunji-David, represented by Mrs Joy Onoja, Director, Public asic Education Education said the main objectives of the Bootcamp are to: Assemble Basic Education stakeholders to deliberate on Policy, practice and implementation gaps facing the sub-sector. Ensure responsiveness of state ministries of Education (SMoEs) in compliance with National Education Policy decisions and programmes. Harmonize and coordinate resources and activities in the Basic Education sub-sector towards the achievement of national goals and aspirations. Monitor the progress of states and ensure reporting to the Federal Ministry of Education for proper coordination. The summit will review the implementation status, that is assess the extent to which recommendations have been implemented, identify best practices, share successful strategies and experience, address implementation gaps, refine strategies, foster collaboration, inform policy decisions, monitor progress and identify resource gaps.Chiefs are no longer relishing close wins

International conference in Venezuela agrees to mobilise global movement against fascismNone