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Wayanad(Kerala), Nov 23: Congress leader Priyanka Gandhi on Saturday cruised to her maiden electoral victory, from the Wayanad Lok Sabha seat in Kerala, with a margin of over 4.1 lakh votes against CPI(M)-led LDF’s Sathyan Mokeri, according to figures released by the Election Commission. Priyanka got 6,22,338 votes which was less than the 6,47,445 votes received by her brother Rahul Gandhi in the Lok Sabha polls in Wayanad in April this year, but her victory margin of 4,10,931 was more than his lead of 3,64,422 votes, despite the decline in turnout in the Wayanad bypoll. The LS poll turnout in Wayanad, which has over 14 lakh registered voters, was close to 74 per cent in April, but had declined to 65 per cent in the by-election in November. In the 2024 Lok Sabha polls in Wayanad, CPI’s Annie Raja had secured second place with 2,83,023 votes, while BJP’s K. Surendran finished third with 1,41,045 votes. However, both fronts were unable to replicate their performance in the bypoll, despite a reduced voter turnout in the hill constituency. Mokeri got 2,11,407 and BJP-led NDA’s Navya Haridas came third with 1,09,939 votes. Close to the announcement of the final counting results, Priyanka, in a post on social media platform X, thanked the people of Wayanad for electing her as their representative to the Parliament. “My dearest sisters and brothers of Wayanad, I am overwhelmed with gratitude for the trust you have placed in me. I will make sure that over time, you truly feel this victory has been your victory and the person you chose to represent you understands your hopes and dreams and fights for you as one of your own. I look forward to being your voice in Parliament! “Thank you for giving me this honour and even more for the immense love you have given me,” she said. In her post, Priyanka also thanked her colleagues in the UDF, leaders from across Kerala, workers, volunteers and everyone else who supported her and worked “incredibly hard” in her poll campaign, by “tolerating” her “12 hour a day (no food, no rest) car journeys, and for fighting like true soldiers for the ideals we all believe in”.MEXICO CITY -- Walmart’s Mexico subsidiary said Friday it plans to appeal a $4.6 million fine for alleged anti-competitive practices involving suppliers. Walmart de Mexico said in a statement that it had talked with suppliers to see if there were any concerns. The agency that issued the fine, known as the Federal Competition Commission, expressed concerns about a “relative monopolistic practice.” The commission, Mexico's main anti-monopoly regulatory agency, is one of several independent agencies soon to be eliminated as part of what the government describes as a money-saving measure. It apparently levied the fine after at least one rival store chain accused Walmart of using its substantial purchasing power to gain discounts that put other sellers at a disadvantage. Walmart is by far the largest retail chain in Mexico. It called the decision “incorrect” and said it contained “errors in applying the law.” The company said it would abide by the agency’s ruling Thursday, but would appeal the decision. Walmart's shares rose about 7.5% on the Mexican stock exchange Friday.
Counselor offers advice to help children cope with loss during the holidaysFairfax Financial ( FRFHF ) Holdings announced its intention to redeem all of its 7,515,642 outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series C and all of its 2,484,358 outstanding Cumulative Floating Rate Preferred Shares, Series D on December 31, 2024 at a redemption price equal to C$25.00 per share, for an aggregate total amount of approximately C$250 million, together with all accrued and unpaid dividends up to but excluding the Redemption Date, less any tax required to be deducted and withheld by Fairfax. Formal notice will be delivered to the sole registered holder of the Preferred Shares in accordance with the terms of the Preferred Shares of the applicable series as set out in Fairfax’s articles. Separately from the Redemption Price, the final quarterly dividend of C$0.294313 per Series C Share will be paid in the usual manner to holders of Series C Shares on December 31, 2024, and the final quarterly dividend of C$0.47858 per Series D Share will be paid in the usual manner to holders of Series D Shares December 30, 2024, in each case to shareholders of record on December 13, 2024. Fairfax intends to use a portion of the net proceeds from the previously announced public offering of C$700 million aggregate principal amount of its Senior Notes to redeem the outstanding Preferred Shares. Don't Miss our Black Friday Offers: Unlock your investing potential with TipRanks Premium - Now At 40% OFF! Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on FRFHF: Fairfax Financial Raises C$700 Million through Notes Offering Fairfax Financial’s C$700 Million Notes Offering Fairfax Financial price target raised to C$2,200 from C$1,850 at BMO Capital Fairfax Financial price target raised to C$2,200 from C$2,100 at Scotiabank Fairfax Financial Reports Strong Q3 2024 Earnings
PNC Financial Services Group Inc. reduced its position in JPMorgan Sustainable Municipal Income ETF ( NYSEARCA:JMSI – Free Report ) by 0.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,967 shares of the company’s stock after selling 1,864 shares during the quarter. PNC Financial Services Group Inc. owned approximately 4.89% of JPMorgan Sustainable Municipal Income ETF worth $10,511,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently bought and sold shares of the company. Cetera Advisors LLC purchased a new stake in JPMorgan Sustainable Municipal Income ETF during the 1st quarter worth approximately $218,000. GYL Financial Synergies LLC raised its stake in shares of JPMorgan Sustainable Municipal Income ETF by 10.9% in the second quarter. GYL Financial Synergies LLC now owns 33,340 shares of the company’s stock valued at $1,676,000 after acquiring an additional 3,289 shares in the last quarter. Modera Wealth Management LLC boosted its holdings in JPMorgan Sustainable Municipal Income ETF by 1.5% in the second quarter. Modera Wealth Management LLC now owns 78,217 shares of the company’s stock valued at $3,933,000 after purchasing an additional 1,125 shares during the period. Envestnet Asset Management Inc. grew its stake in JPMorgan Sustainable Municipal Income ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 210,808 shares of the company’s stock worth $10,599,000 after purchasing an additional 1,783 shares in the last quarter. Finally, Consolidated Planning Corp increased its holdings in JPMorgan Sustainable Municipal Income ETF by 13.8% during the 3rd quarter. Consolidated Planning Corp now owns 21,651 shares of the company’s stock worth $1,105,000 after purchasing an additional 2,623 shares during the period. JPMorgan Sustainable Municipal Income ETF Trading Down 0.2 % NYSEARCA JMSI opened at $50.55 on Friday. JPMorgan Sustainable Municipal Income ETF has a 52 week low of $49.10 and a 52 week high of $51.17. The firm has a 50 day moving average of $50.67 and a two-hundred day moving average of $50.51. JPMorgan Sustainable Municipal Income ETF Company Profile The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. Recommended Stories Want to see what other hedge funds are holding JMSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Sustainable Municipal Income ETF ( NYSEARCA:JMSI – Free Report ). Receive News & Ratings for JPMorgan Sustainable Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Sustainable Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter .Premier David Eby made his annual visit to the B.C. business community this week, but if you were looking for specifics and good news, you were left grasping at straws. Paper straws, which fall apart pretty much right away. As evidence that he’s turned a page with the business community, Eby cited fast-tracking nine wind energy projects. There will be more examples, he promised vaguely, with no hint of what industries or projects he may be favouring. Or why. Or how. Or when. So it’s fair to say Eby is not exactly throwing caution to the wind to attract more investment into B.C. – which is seeing the conclusion of a $100 billion burst in energy infrastructure construction , and virtually nothing in line to replace it. B.C. Chamber of Commerce president Fiona Famulak tried her best to coax a commitment to natural resources out of Eby, asking a question that cited the Mining Association of B.C.’s analysis that it takes 12-15 years to permit a mine in this province. Pushing back, Eby claimed his government had reduced the timeline for mining permits by 40 per cent, but offered no corroborating evidence. Even if we take the premier at his word, that means the 12-15-year review period has been cut to seven to nine years. That’s some thin gruel. And even thinner when one considers it came just minutes after U.S. president-elect Donald Trump put this out on his Truth Social: “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” Or, put another way: “Drill, baby, drill!” How does that affect Canada? It’s better understood that Trump’s proposed 25 per cent tariffs would be incredibly harmful. For example, the softwood lumber tariff has resulted in $9 billion paid by Canadian producers since 2017. That’s by one industry on one product, at a rate less than half of what Trump is threatening. And yet this policy of “fully expedited approvals” could be even more damaging to the B.C. economy. If you’re an investor in oil, natural gas, tech, automobile manufacturing, mining, battery plants, pipelines, large development projects or other big-ticket items, why would you ever come to B.C., when you could get to work in any American state far faster and cheaper? Where your jobs and investment would be welcomed with open arms and the removal of regulatory barriers? By contrast, the BC NDP government has slathered cost and red tape on to business since 2017: multiple tax hikes, anti-employer rhetoric, WorkSafe regulations skewed completely to labour. And their soft-on-crime and drug-friendly policies have ramped up petty crime, again harming business. “When you have a near-death experience as a politician, it focuses the mind,” Eby said at the end of his speech, turning the focus back to himself. That’s all well and good. But it’s our provincial economy and our businesses that are having a near-death experience right now, as the provincial deficit and debt rush out of control, government hiring and costs far outpace the corporate sector that has to pay for them, and both private sector payroll and hiring are falling . America’s arms are wide open. But despite his political near-death experience, B.C.’s premier seems as unfocused and as unhelpful as ever. Jordan Bateman is vice-president of communication at the Independent Contractors and Businesses Association.California Assemblywoman Buffy Wicks is feeling a time crunch in California’s quest to combat climate change. So she’s trying to speed up renewable energy source construction and storage. “We do have to make it faster and better,” Wicks said recently. “Government has to work better for people.” Wicks, an Oakland Democrat, was speaking about a Legislative subcommittee field hearing on permitting reform that she held to discuss streamlining renewable energy permits last month. It was part of a statewide tour of several cities to explore permitting solutions for issues such as energy, housing and climate change. The first stop in the Coachella Valley hearing was the Desert Peak battery storage project in Palm Springs, by NextEra Energy Resources. It’s silhouetted against the San Bernardino Mountains, surrounded by a field of wind turbines and next to a Southern California Edison substation. The battery storage center draws power from the Palo Verde nuclear generating station in Arizona and renewable energy projects in the desert, said Pedro Villegas, executive director for political and regulatory affairs for NextEra. Rows of sheds house hundreds of lithium-ion batteries that store power and then feed it into the grid. At full capacity Desert Peak will produce 700 megawatts, enough to power about 140,000 homes. Facilities like this are key to California’s ambitious climate goals. The state aims to reach net carbon zero — the point at which the amount of greenhouse gasses that humans emit equals the amount removed from the atmosphere — by 2045. In 2022 the California Air Resources Board released a plan to get there. To do that, California has to cut red tape, Wicks said. Industry experts at the hearing said there has to be less duplication of paperwork, increased staffing at regulatory agencies and better coordination between them. Wind and solar farms can displace valuable ecosystems and farmland, while battery storage sites pose fire risks, so the state is facing pushback from rural communities that are Ground Zero for renewable energy development. Five years ago San Bernardino County restricted new large-scale wind and solar projects on more than a million acres of rural land after residents in some communities complained the projects threatened fragile natural environments and historic sites. “We need to be mindful of creating sacrifice zones in pursuing climate solutions,” Nataly Escobedo Garcia, policy coordinator for the Fresno-based Leadership Counsel for Justice and Accountability, told the subcommittee. Converting traditional farms to solar farms also sparks opposition, Villegas said. “Especially in rural areas, some folks have a reaction to turning agricultural lands to solar energy,” he said. Battery storage has gotten bad press lately, with several high profile fires in San Diego County. An Escondido battery storage facility caught fire in September, prompting evacuations and closures of nearby schools. In May a blaze at a battery storage site in Otay Mesa burned for two and a half weeks, sparking worry about the safety of the high-powered batteries. In September 2023, a Valley Center energy storage facility caught fire . Energy experts said the industry has improved its fire safety protocols since those were built. “The facility in Escondido was installed in 2017,” said Scott Murtishaw, executive director of the California Energy Storage Alliance. “That’s ancient technology.” Despite advances in newer and potentially safer energy technology, lawmakers say efforts to wean Californians off fossil fuels aren’t moving fast enough to avert the effects of climate change. “There’s a huge chasm between the things we say are our priorities and what we are actually delivering in the state” in renewable energy and climate action, said Assemblywoman Cottie Petrie-Norris , a Democrat from Irvine. “The No. 1 thing we need to do to accelerate the pace is permit reform.”
Costco, Walmart and more: 10 companies that offer part-time jobs with full-time benefits, according to a reportA captivating collection of abstract expressionist paintings by a young female Japanese artist are showcased during "Autumn Night" at Maison JE Bangkok, until Dec 22. This is a Bangkok debut mini solo exhibition by Mifuu Oda from Wakayama Prefecture, who has created outstanding signature in her acrylic works. She presents her latest and much-awaited artwork inspired by serene and beautiful nights in Japan which just bade farewell to summer and welcomed the refreshing coolness of autumn. The air is filled with the delicate fragrance of osmanthus and the vibrant red leaves shine like dreams. Her artworks serve as a bridge connecting viewers to nature, captivating with vibrant colours that blend gentle emotions and tranquil atmospheres. Her paintings draw inspiration from emotions, including joy, happiness and sadness, the different shades of sky, the beauty of flowers and all the fragrances that are up in the air. Also influenced by cute female characters in Japanese anime and manga, Mifuu often expresses herself via the symbolic image of a girl created through shades of acrylic paint and the touch of a painting knife and colour mixing. The 27-year-old artist has already displayed her artistic talent at many exhibitions across the world, including Japan, South Korea, China, the US and France. Maison JE Bangkok is on Surawong Road and opens Tuesday to Sunday from 11am to 7pm. There is no admission fee. Visit maisonje.com.