treasures of aztec
treasures of aztec
Google and the US government faced off in a federal court on Monday, as each side delivered closing arguments in a case revolving around the technology giant's alleged unfair domination of online advertising. The trial in a Virginia federal court is Google's second US antitrust case now under way as the US government tries to rein in the power of big tech. In a separate trial, a Washington judge ruled that Google's search business is an illegal monopoly, and the US Justice Department is asking that Google sell its Chrome browser business to resolve the case. The latest case, also brought by the Justice Department, focuses on ad technology for the open web -- the complex system determining which online ads people see when they surf the internet. The vast majority of websites use a trio of Google ad software products that together, leave no way for publishers to escape Google's advertising technology, the plaintiffs allege. Publishers -- including News Corp and Gannett publishing -- complain that they are locked into Google's advertising technology in order to run ads on their websites. "Google is once, twice, three times a monopolist," DOJ lawyer Aaron Teitelbaum told the court in closing arguments. Presiding judge Leonie Brinkema has said that she would deliver her opinion swiftly, as early as next month. Whatever Brinkema's judgment, the outcome will almost certainly be appealed, prolonging a process that could go all the way to the US Supreme Court. The government alleges that Google controls the auction-style system that advertisers use to purchase advertising space online. The US lawyers argue that this approach allows Google to charge higher prices to advertisers while sending less revenue to publishers such as news websites, many of which are struggling to stay in business. The US argues that Google used its financial power to acquire potential rivals and corner the ad tech market, leaving advertisers and publishers with no choice but to use its technology. The government wants Google to divest parts of its ad tech business. Google dismissed the allegations as an attempt by the government to pick "winners and losers" in a diverse market. The company argues that the display ads at issue are just a small share of today's ad tech business. Google says the plaintiffs' definition of the market ignores ads that are also placed in search results, apps and social media platforms and where, taken as a whole, Google does not dominate. "The law simply does not support what the plaintiffs are arguing in this case," said Google's lawyer Karen Dunn. She warned that if Google were to lose the case, the winners would be rival tech giants such as Microsoft, Meta or Amazon, whose market share in online advertising is ascendant as Google's share is falling. The DOJ countered that it simply "does not matter" that Google is competing in the broader market for online ads. "That is a different question" than the market for ads on websites that is the target of the case, said Teitelbaum. Google also points to US legal precedent, saying arguments similar to the government's have been refuted in previous antitrust cases. Dunn also warned that forcing Google to work with rivals in its ad products would amount to government central planning that the court should reject. If the judge finds Google to be at fault, a new phase of the trial would decide how the company should comply with that conclusion. And all that could be moot if the incoming Trump administration decides to drop the case. The president-elect has been a critic of Google's, but he warned earlier this month that breaking it up could be "a very dangerous thing." arp/dw
Share Tweet Share Share Email Car accidents can disrupt lives in an instant, leaving those involved with questions about what happened and what steps to take next. Whether you’re looking for the latest updates on recent auto accidents near you , need to obtain a police crash report, or want to understand your legal options, having the right resources is essential. At Accident Reporter, we make it simple to find recent car accident news and access the documents you need for your recovery. Staying informed about recent crashes is vital, whether for personal safety, insurance claims, or understanding local traffic patterns. Our platform connects you to detailed accident information and provides guidance on how to secure official crash reports. These reports are invaluable for documenting the facts of an accident, helping you resolve disputes, and supporting claims for compensation after a crash. 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Speak with a Car Accident Lawyer Near You If you’ve been in a car accident, it’s essential to have the right support. Accident Reporter connects you with trusted personal injury attorneys who offer free consultations to discuss your case. Get your accident report, protect your rights, and take the first step toward recovery. Call today! Related Items: Police Crash , Recent Car Accident Share Tweet Share Share Email CommentsDemocrat Bob Casey concedes to Republican David McCormick in Pennsylvania Senate contestHunter tenants have laid bare the harsh reality of trying to rent after alarming statistics revealed the lack of affordable homes in the region. Login or signup to continue reading The Herald reported this week that no suburbs in the Hunter were considered affordable to rent on the average wage, according to new data from the National Shelter-SGS Economics and Planning Rental Affordability Index. Ella Rose said she considers herself lucky having secured a one-bedroom apartment in Adamstown for $330 a week. But the 24-year-old has been given a 90-day eviction notice, and the median rent price of a one-bedroom apartment in Newcastle is $565. She is looking to team-up with a friend and secure a two-bedroom rental. The National Shelter-SGS Economics and Planning data was based on the average regional salary of $89,977, which as a part-time worker and full-time student, Ms Rose does not earn. "It has been really disheartening," she said. "And I think a lot of people my age are feeling that. "I've got a lot of friends who've had to move out of rentals or even back in with parents because of cost." Her first rental from 2021 was $320 a week, and the same house is now being rented for $500. On top of the cost, Ms Rose said the competition for rentals is another challenge, especially with a dog. She estimates she has applied for more than 200 rentals in the past three years. "Last year I had to couch surf for three months between family and friends while I was looking for a rental," she said. The thought of buying a house is even further out of reach for Ms Rose. Her family bought a home in Mayfield for $220,000 in 2006, sold it for $508,000 in 2020 and it is now estimated to be worth $840,000. 'When I was growing up as a kid, math was my best subject," she said. "So, I kind of planned how much I would have to save and what kind of age I would be hoping to get a mortgage but the amount that has gone up is crazy. "My only friends who I know who have been able to get mortgages, it's because they've lived at home the whole time and then tried to get a house know without renting or their parents help them get that mortgage." Mir Asad Ali is also working part-time and renting a room in a four-bedroom share house in Fletcher. He recently moved from Muswellbrook and when he began looking for a two-bedroom rental to share with a friend, the prices were around $700 to $800 a week. "It was really, really expensive," Mr Ali said. "I lived in Sydney and it makes sense there, but when it comes to regional and rural areas it's shocking at how quickly the prices went up." Mr Ali is originally from Pakistan, where his wife still lives. He hopes for her to move over, but does not think he will be able to afford a private rental. "I was so depressed looking at the prices," he said. "I don't want her to have to live in a share house. And also if you don't have a reference, there's a high chance your application will get rejected "Living in a shared house, we have a mutual agreement but it's not with a real estate agent so there's no reference." National Shelter is urging the NSW government to provide more social housing to accommodate low-income people, and restore the social housing safety net to 5 per cent of all housing stock by 2027, working towards a goal of 10 per cent of all housing by 2040. The organisation said urgent action was also needed to wind back the short term rental market. Shelter NSW principal policy officer Cathryn Callaghan said local councils had levers they could use to improve housing access, including affordable housing contribution schemes. Newcastle council has just placed its scheme on public exhibition. The scheme proposes to add affordable housing provisions to the Newcastle Local Environmental Plan 2012, which will enable a condition of consent for new residential and mixed-use developments to make contributions towards affordable housing, where a new development is greater than 540 square metres or benefiting from zoning uplift. Contributions will be in the form of a financial subsidy, a dedication of land or completed dwellings to City of Newcastle and would be managed by a community housing provider and used to maintain, build, and develop affordable housing. Affordable housing is available to support very low to and moderate income households experiencing housing stress, which occurs where housing costs are greater than 30 per cent of gross household income after other basic living costs. Sage Swinton is a news reporter who was born and bred in the Hunter. She has been with the Newcastle Herald since June 2020. Sage Swinton is a news reporter who was born and bred in the Hunter. She has been with the Newcastle Herald since June 2020. DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. 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WASHINGTON — Senate Democrats reelected Chuck Schumer as party leader on Tuesday as the party moves into a deeply uncertain time, with no real consensus on a strategy as President-elect Donald Trump prepares to take office. From left, Sen. Elizabeth Warren, D-Mass., Sen. Amy Klobuchar, D-Minn., Senate Majority Leader Chuck Schumer of N.Y., Sen. Dick Durbin, D-Ill., and Sen. Tammy Baldwin, D-Wis., gather after Senate Democratic leadership elections for the next session of Congress on Tuesday in Washington. Schumer faced no opposition in the party leadership elections, in which Illinois Sen. Dick Durbin was also reelected to the No. 2 spot and Minnesota Sen. Amy Klobuchar became the new No. 3. In a statement, Schumer, of New York, said he was honored to move the party forward “during this crucial period for our country.” “Our preference is to secure bipartisan solutions wherever possible and look for ways to collaborate with our Republican colleagues to help working families,” Schumer said. “However, our Republican colleagues should make no mistake about it, we will always stand up for our values.” While Schumer remains popular with his colleagues, it is a bleak moment for Senate Democrats, who were hopeful that they could hold the majority for the third election in a row. Instead they lost four seats and will be in the minority, 53-47, as Trump takes office and pressures the Senate to quickly confirm his Cabinet nominees. Unlike eight years ago, when opposition to Trump’s narrow election win fueled enthusiasm in their party, Democratic lawmakers and many of their voters are exhausted and looking for answers. So far, Democrats have stayed relatively quiet on Trump’s nominees and plans for office – a stark contrast from the loud opposition to Trump when he was elected eight years ago. Schumer has declined to comment on specifics of any nominees, instead allowing Republican reaction to dominate the conversation. On Monday, Schumer wrote a public letter to South Dakota Sen. John Thune, the incoming Republican majority leader, asking him to resist Trump’s pressure to allow him to appoint some of his nominees without a Senate vote and to insist on full FBI background checks for all nominees. But he has said little else about Trump’s upcoming presidency. While some have been more aggressive — Washington Sen. Patty Murray, a former chairwoman of the Senate Health, Labor, Education and Pensions Committee, said that Trump’s nomination of Robert Kennedy Jr. to lead the Health and Human Services Department is “dangerous” and “nothing short of disaster” — several Democratic senators say they are saving their strength and figuring out a focus. “Everybody’s in kind of a wait-and-see mode right now,” said Nevada Sen. Catherine Cortez Masto, who is part of Schumer’s leadership team. “Under the previous Trump administration, there was chaos all the time, all the time. And I do think it is important to pick your battles.” It’s still unclear which battles they will pick. And Democrats have differing opinions on how to fight them. Hawaii Sen. Brian Schatz, who is also in Democratic leadership, says that “anyone who has a grand strategy is full of crap,” but thinks that Democrats, for now, “need to keep things simple.” “We need to talk about people, protect people, advocate for people,” Schatz said. “Do not talk about protecting institutions. Do not talk about advocating for institutions. It’s a not just a rhetorical shift, but an attitudinal shift. We have to remind ourselves, that we’re not fighting for programs and projects and line items and agencies or norms. We’re fighting for people.” Virginia Sen. Mark Warner said that he’s spent a lot of time reflecting, and “I don’t think anyone can claim this was a policy election,” and Democrats need to look at cultural issues. Pennsylvania Sen. John Fetterman says Democrats just need to “pace ourselves” and avoid the “massive freakout” of Trump's last term. Democrats should be preparing, says Connecticut Sen. Richard Blumenthal. He says Schumer is picking his battles “very thoughtfully and strategically.” “We’re thinking about how we protect against using the FBI, or the prosecutorial authority of the Justice Department for retribution against critics,” said Blumenthal. “How we elevate these issues in a way that American people understand them.” Democrats know better now, after eight years, “the extraordinary challenges we’re going to face,” Blumenthal said. Madison Chock and Evan Bates of the U.S. compete in the ice dance rhythm dance program at the Grand Prix of Figure Skating series competition in Tokyo, Japan, Friday, Nov. 8, 2024. (AP Photo/Hiro Komae) A discarded plastic bag floats in the waters of Botafogo beach in Rio de Janeiro, Tuesday, Nov. 26, 2024. (AP Photo/Bruna Prado) China's President Xi Jinping, left center, and Brazil's President Luiz Inacio Lula da Silva, walk into the Alvorada palace after attending a welcoming ceremony in Brasilia, Brazil, Nov. 20, 2024. (AP Photo/Eraldo Peres) Slovakia's Rebecca Sramkova competes against Great Britain's Katie Boulter during a Billie Jean King Cup semi-final match at Martin Carpena Sports Hall in Malaga, southern Spain, on Tuesday, Nov. 19, 2024. (AP Photo/Manu Fernandez) President-elect Donald Trump's nominee to be attorney general, former Rep. Matt Gaetz, R-Fla., closes a door to a private meeting with Vice President-elect JD Vance and Republican Senate Judiciary Committee members, at the Capitol in Washington, Wednesday, Nov. 20, 2024. (AP Photo/J. Scott Applewhite) A surfer rides on an artificial wave in the river 'Eisbach' at the 'Englischer Garten' (English Garden) downtown in Munich, Germany, Monday, Nov. 11, 2024. (AP Photo/Matthias Schrader) A woman carries a gift basket as she arrives at a park to attend a friend's birthday party, Sunday, Nov. 24, 2024, in Kampala, Uganda. (AP Photo/David Goldman) Tania hugs her brother-in-law Baruc after rescuing some of their belongings from their flooded house after the floods in Paiporta, Valencia, Spain, Tuesday, Nov. 5, 2024. (AP Photo/Emilio Morenatti) Democratic presidential nominee Vice President Kamala Harris looks at a monitor backstage, just before taking the stage for her final campaign rally, Monday, Nov. 4, 2024, in Philadelphia. (AP Photo/Jacquelyn Martin) President-elect Donald Trump listens during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Fla. (AP Photo/Alex Brandon) President Joe Biden meets with President-elect Donald Trump in the Oval Office of the White House, Wednesday, Nov. 13, 2024, in Washington. (AP Photo/Evan Vucci) A resident returns to his burned village, Monday Nov. 25, 2024, one day after a fire broke out leaving about 2,000 families homeless at a slum area in Manila, Philippines. (AP Photo/Aaron Favila) Isaac Young rests his cheek on the family horse Rusty's forehead during farm chores before homeschooling, Tuesday, Nov. 12, 2024, in Sunbury, Ohio. (AP Photo/Carolyn Kaster) Students from anti-discrimination movements attack an Awami League supporter in Dhaka, Bangladesh, Sunday, Nov. 10, 2024. (AP Photo/Mahmud Hossain Opu) A young girl holds a "Black Voters for Harris-Walz" sign outside of Democratic presidential nominee Vice President Kamala Harris' election night watch party at Howard University, Tuesday, Nov. 5, 2024, in Washington. (AP Photo/Terrance Williams) A man looks from a damaged building a day after it was hit by a rocket fired from Lebanon, in Ramat Gan, central Israel, Tuesday, Nov. 19, 2024. (AP Photo/Oded Balilty) Visitors walk through the 'Cathedral' on the Christmas light trail as it returns for its12th year with a showcase of new installations set within the UNESCO World Heritage Site landscape of Kew Gardens in London, England, Tuesday, Nov. 12, 2024. (AP Photo/Kirsty Wigglesworth) Venezuelan migrant Alvaro Calderini carries his niece across a river near Bajo Chiquito, Panama, after walking across the Darien Gap from Colombia on their way north to the United States, Saturday, Nov. 9, 2024. (AP Photo/Matias Delacroix) An aerial view shows a packed parking lot at Citadel Outlets in Commerce, Calif., Thursday, Nov. 28, 2024, as early Black Friday shoppers arrive at the mall. (AP Photo/Jae C. Hong) Israeli soldiers holding their weapons bathe with residents in a hot water pool coming from a drilling project which exposed a subterranean hydrothermal spring near Mount Bental in the Israeli-controlled Golan Heights, on the first day of the ceasefire between Israel and Hezbollah, Wednesday, Nov. 27, 2024. (AP Photo/Ohad Zwigenberg) Voters stand in line outside a polling place at Madison Church, Tuesday, Nov. 5, 2024, in Phoenix, Ariz. (AP Photo/Matt York) Molten lava flows on the road to the Blue Lagoon, Grindavik, after the volcanic eruption that started Wednesday, on the Reykjanes Peninsula in Iceland, Thursday, Nov. 21, 2024. (AP Photo/Marco di Marco) Firefighters and sheriff's deputies push a vintage car away from a burning home as the Mountain Fire burns in Camarillo, Calif., on Wednesday, Nov. 6, 2024. (AP Photo/Noah Berger) Supporters of the Frente Amplio (Broad Front) celebrate the victory of candidate Yamandú Orsi in the presidential run-off election in Montevideo, Uruguay, Sunday, Nov. 24, 2024. (AP Photo/Natacha Pisarenko) People gather at the site where former Hezbollah leader Sayyed Hassan Nasrallah was killed by Israeli airstrikes late September during a memorial ceremony in Dahiyeh, in the southern suburb of Beirut, Lebanon, Saturday, Nov. 30, 2024. (AP Photo/Hussein Malla) Katia, 11, with her grandmother and mother sit in an armored minivan during en evacuation by the "White Angels" police unit in Kurakhove, Donetsk region, Ukraine, on Nov. 4, 2024. (AP Photo/Anton Shtuka) People clean mud from a house affected by floods, in Algemesi, Spain, Sunday, Nov. 3, 2024. (AP Photo/Manu Fernandez) Cattle stand on a heap of textile waste at the Old Fadama settlement of Accra, Ghana, Oct. 19, 2024. (AP Photo/Misper Apawu) Family members accompany the coffin that contain the remains of Mexican actress Silvia Pinal, during a memorial service at the Palacio de Bellas Artes, in Mexico City, Saturday, Nov. 30, 2024. Pinal, an actress from Mexico's Golden Age of cinema in the 1940s and 50s, died Thursday. She was 93. (AP Photo/Aurea Del Rosario) A family arrive to cross into Lebanon through the Jousieh border crossing, between Syria and Lebanon, Nov. 28, 2024, following a ceasefire between Israel and Hezbollah that went into effect on Wednesday. (AP Photo/Omar Sanadiki) Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.Ontario NDP Leader Marit Stiles has likened physician recruitment efforts among municipalities to “The Hunger Games,” a dystopian series by novelist Suzanne Collins in which the protagonists must compete for survival. The current situation in Niagara over family doctors pits town against town, with competitors offering incentives in the form of cash bonuses to lure physicians to their underserviced communities. And the competition has become fierce. Welland Mayor Frank Campion said his city has no plans of changing a physician recruitment strategy that is clearly working, despite increasing calls to eliminate competition between Niagara’s municipalities. After incentives of $100,000 each have so far brought 10 new family doctors to Welland in the past 12 months — far exceeding recruitment efforts in other parts of the region — Campion said the city’s physician recruitment initiative was recently funded for a second year in the hope of bringing 10 more doctors to the underserviced city. While other municipalities also provide incentives to physicians coming in from out of the region who agree to work in the municipality for at least five years, Welland offers top dollar. Fort Erie and Port Colborne offer incentives of $75,000 each per doctor, Niagara Falls offers $50,000, Niagara-on-the-Lake offers $25,000 and St. Catharines provides incentives of $5,000. Meanwhile, neighbouring municipalities are now offering or considering new incentives in the hope of competing with the Rose City to bring new family physicians to other communities in a region that is short roughly 100 family doctors. Lincoln council voted last week to offer $25,000 incentives to family physicians who set up practices in town for at least five years, after recently losing incoming doctors to communities that offer incentives. Thorold councillors, too, last week asked city staff to develop a report looking into strategies to recruit four family physicians to the city that may include financial incentives. Despite concerns the incentives are creating competition between Niagara’s municipalities, Campion said the city is “continuing on with our program.” Welland Mayor Frank Campion. “We approved another million dollars in funding for it this year to attempt to get 10 more doctors, getting us closer to the number that we need. It’s certainly not all the way there, but we’re hopeful we will be able to get more,” he said. Campion said the $100,000 incentives are “certainly a big part” of the city’s success, “but it isn’t the only reason we’re successful.” He said ensuring incoming physicians have a variety of locations to set up their practices, as well as an abundance of patients to draw from has helped, as well as the assistance of Niagara Region physician recruiter Jill Croteau. “Welland is a great place to set up an office. We have clientele for them and it’s a growing community and that’s attractive to physicians as well.” The city’s success, however, has also led to concerns from political representatives in other communities, calling for a more collaborative approach to physician recruitment. Niagara Falls Coun. Ruth-Ann Nieuwesteeg expressed concerns about competition and escalating incentives during a recent city council meeting. “We’ve been hearing a lot about doctor recruitment because there’s such a shortage and what we’re seeing in our region is every different municipality upping the other one, trying to get a doctor or to recruit doctors for that municipality,” she said during the Oct. 22 council meeting,” she said. Niagara Falls city Coun. Ruth-Ann Nieuwesteeg. “I’d like to put a (notice of) motion that we instruct maybe our CAO to work with the other municipalities to come up with a clever and creative collaborative approach to it instead of just, Welland does 50 or we do 75 and look at things that are a different way of attracting (physicians).” She said there are probably alternatives to increasing financial incentives. “I don’t know how that would work, but I’d like to see if we can have our CAO meet with the other CAOs and figure out, instead of competing with one another, work together and then get people to come to Niagara region,” she said. “We go between cities all the time, so whatever we can do to get the doctors here — I think it’s something that we need to look at collaboratively and creatively.” Thorold Mayor Terry Ugulini said Niagara Region is bringing lower-tier municipalities together next week for a meeting in the hope of addressing concerns about competition among municipalities offering incentives to bring doctors to their respective communities. Mayors and chief administrative officers from each of Niagara’s municipalities were invited to meet with regional family physician recruiter Croteau on Tuesday, to discuss a collaborative approach to luring family physicians to the region rather than competing against one another. Ugulini said the meeting is being held to “try and get everybody working together, because we don’t want to start working against one another.” Thorold Mayor Terry Ugulini. “I think everybody is willing to put skin in the game, it’s just getting everyone on the same page,” Ugulini said. Campion said he looks forward to attending the meeting, but it won’t change Welland’s direction. “People can make all the suggestions they want, but council approved the program and put funding to it, so that’s not going to change,” he said. “No matter what suggestions might come forward we’re committed to this program for the year and we’re not going to turn back on it.” Although Fort Erie offers incentives, Mayor Wayne Redekop said municipalities are being forced to do so because “successive provincial governments have failed to address” the shortage of family physicians across Ontario. “Municipalities will do what they have to do, and they will continue to try to make sure their residents have access to primary care, which means doctors, nurse practitioners and maybe some physician assistants,” he said. “There are a number of solutions, but it all really boils down to the provincial government.” He said the delivery of health care is a provincial responsibility, and “you can’t be putting some of these expenses and responsibilities on the backs of municipalities and the property owners. It’s not sustainable.” Fort Erie Mayor Wayne Redekop. Redekop said the province has made efforts to address the shortage, such as increasing medical school enrolment, but it “nowhere near meets the need that we have.” “I know they’ve looked at other policies to try to take the pressure off of family physicians, but they really need to be encouraging more people to go into family medicine,” he said. “They need to be providing better supports.” Redekop said the province also needs to develop a much more streamlined system to pay family physicians, because “right now there are about five separate funding models, all of which make it very confusing.” Discussing health care during a recent visit to Niagara, Stiles made “The Hunger Games” reference. “It really does create this ‘Hunger Games’ environment, which is really unfortunate,” Stiles said. “I don’t think any municipality wants to be playing that game, but they feel they have no choice.” She said it also means smaller communities without the tax base to draw large incentives from get left behind. “The saddest thing about it is there are communities that can’t afford to play that game, to get involved at all, and they’re just as deserving as anyone else,” she said. “This is what has happened as a result of both Liberal and Conservative governments failing to plan forward for what we knew was coming, which was a retirement crisis among our family physicians, an aging population with more complex needs. And here we are.” Niagara Centre MPP Jeff Burch agreed. “There are only so many doctors. All we’re doing is pushing up how much incentives are being offered, and that’s definitely not the solution. It puts a lot of pressure on municipalities that are already under a great deal of pressure,” he said. He said putting municipalities in a position where they need to offer incentives to recruit physicians is downloading a provincial responsibility. “It’s all like a downloading on municipalities that are already so overworked.” “We need to let municipalities do their work, and health care is a provincial responsibility,” he said. “Making sure there are enough doctors so all municipalities can have an adequate number of doctors has to be a priority and it has to be a provincial responsibility, not a municipal one.” Minister of health spokesperson Hannah Jensen listed several of the investments in primary health care that have been made by the provincial government since 2018, including the recent expansion of a grant for medical school students “who commit to practising family medicine when they graduate. It is estimated that the total investment will enable the connection of an additional 1.36 million people to primary care.” Campion said physician recruitment is also an economic development issue, and that falls within the city’s jurisdiction. He said the city’s initiative is being led by its economic development department, making the community more attractive to investors who are looking for communities that have the services their workers will need — including medical services. “Those are all things that attract businesses and you’re creating jobs,” Campion said. “Municipalities should be stepping up and trying to attract physicians because it’s for the betterment of their own community. That’s why we’re doing it.” St. Catharines MPP Jennie Stevens said the family physician shortage has been “a real hot topic” discussed almost daily at Queen’s Park, with estimates that as many as 2.5 million people across the province are without a family doctor. “Every question period, we’re hearing that number echo through the chambers,” she said. While calling recruitment efforts by local municipalities “great news,” Stevens said they shouldn’t be forced into that situation in the first place. She said the province should be offering the incentives to recruit physicians, not municipalities. “I think all cities should be commended for stepping up, but it’s not the municipalities’ job to be taking on the burden. It’s a provincial matter.” Jensen, however, said the government is also offering thousands of dollars in incentives to help bring family physicians to some of the most underserviced areas in Ontario. “Our government supports physician recruitment in communities across the province through programs like the Practice Ready Ontario program, the Northern Ontario Resident Streamlined Training and Reimbursement Program, and the Northern and Rural Recruitment and Retention Initiative,” Jensen said. — With files by Ray Spiteri
NEW DELHI: Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and analytics firm said in its analysis earlier this week. As of December 3, as many as 298 companies have gone public on the exchanges - NSE and BSE. Notably, Hyundai Motor India's Rs 278.59 billion public issue, which was completed in October, is the country's largest IPO ever. The listed companies raised a combined Rs 1.4 trillion rupees, according to data compiled by S&P Global Market Intelligence. The IPO count this year grew over 22 per cent from 243 in 2023, while fundraising volumes jumped about 140 per cent from Rs 588.27 billion, according to S&P Global Market Intelligence data. The NSE's benchmark index, the NIFTY 50, reached an all-time high of 26,216 points on September 27, while the BSE Sensex peaked at 85,836 points on September 26. The stock market gains have been underpinned by India's robust economic growth prospects, the report said. Sensex and Nifty rose about 13-14 per cent so far this year, with three more weeks to go. Separately, as of November 29, 85 companies were at various stages of the NSE and BSE listing process, of which 40 had already received approval to kick off their offerings, data compiled by S&P Global Market Intelligence showed. They include 21 companies whose IPOs were under process at the stock exchanges. Taking opportunities in India's booming stock market, many companies intended to list their shares, and a sizable number of them have made handsome gains. Initial public offering (IPO) refers to the process where companies sell their shares to the public to raise equity capital from the investors. Stay ahead in business with The Times of India . Check out Financial Calculators like SIP , PPF , FD , NPS and Mutual Fund Calculators.UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Cadence Bank ( NYSE:CADE – Free Report ) by 2.8% during the third quarter, HoldingsChannel.com reports. The fund owned 400,920 shares of the company’s stock after purchasing an additional 11,102 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Cadence Bank were worth $12,769,000 at the end of the most recent reporting period. Other large investors have also recently bought and sold shares of the company. Cerity Partners LLC grew its position in shares of Cadence Bank by 31.2% in the 3rd quarter. Cerity Partners LLC now owns 64,377 shares of the company’s stock valued at $2,050,000 after buying an additional 15,312 shares during the last quarter. Blue Trust Inc. grew its position in shares of Cadence Bank by 456.6% in the 2nd quarter. Blue Trust Inc. now owns 21,667 shares of the company’s stock valued at $628,000 after buying an additional 17,774 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of Cadence Bank by 16.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,083,518 shares of the company’s stock valued at $66,360,000 after buying an additional 291,885 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Cadence Bank by 8.0% in the 2nd quarter. Natixis Advisors LLC now owns 419,375 shares of the company’s stock valued at $11,860,000 after buying an additional 30,945 shares during the last quarter. Finally, Segall Bryant & Hamill LLC grew its position in shares of Cadence Bank by 21.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 1,331,112 shares of the company’s stock valued at $42,396,000 after buying an additional 237,748 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors. Cadence Bank Price Performance CADE stock opened at $37.62 on Friday. The stock has a market capitalization of $6.86 billion, a PE ratio of 10.81 and a beta of 0.98. The company’s 50-day moving average is $35.10 and its 200-day moving average is $31.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.87 and a quick ratio of 0.87. Cadence Bank has a 1 year low of $24.99 and a 1 year high of $40.20. Cadence Bank Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, December 13th. Cadence Bank’s payout ratio is presently 28.74%. Analyst Upgrades and Downgrades A number of equities research analysts have commented on the company. DA Davidson upped their price target on Cadence Bank from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Royal Bank of Canada lifted their price objective on Cadence Bank from $35.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods lifted their price objective on Cadence Bank from $38.00 to $45.00 and gave the stock an “outperform” rating in a research report on Wednesday. Truist Financial lifted their price objective on Cadence Bank from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Morgan Stanley raised Cadence Bank from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $36.00 to $39.00 in a research report on Monday, September 30th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.63. Check Out Our Latest Report on CADE About Cadence Bank ( Free Report ) Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. Further Reading Want to see what other hedge funds are holding CADE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cadence Bank ( NYSE:CADE – Free Report ). Receive News & Ratings for Cadence Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadence Bank and related companies with MarketBeat.com's FREE daily email newsletter .
Public Sector Pension Investment Board grew its position in Dollar General Co. ( NYSE:DG – Free Report ) by 14.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 9,601 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Public Sector Pension Investment Board’s holdings in Dollar General were worth $812,000 as of its most recent filing with the SEC. Other hedge funds also recently modified their holdings of the company. Pzena Investment Management LLC increased its position in Dollar General by 453.4% in the 3rd quarter. Pzena Investment Management LLC now owns 10,238,886 shares of the company’s stock valued at $865,903,000 after acquiring an additional 8,388,735 shares during the period. Baupost Group LLC MA bought a new stake in shares of Dollar General in the third quarter worth $194,832,000. Point72 Asset Management L.P. increased its holdings in Dollar General by 148.6% in the second quarter. Point72 Asset Management L.P. now owns 1,280,020 shares of the company’s stock valued at $169,257,000 after purchasing an additional 765,206 shares during the period. The Manufacturers Life Insurance Company raised its position in Dollar General by 319.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 925,083 shares of the company’s stock worth $122,324,000 after purchasing an additional 704,639 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Dollar General during the 2nd quarter worth about $55,986,000. Institutional investors and hedge funds own 91.77% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities analysts have recently issued reports on DG shares. Sanford C. Bernstein assumed coverage on Dollar General in a research report on Tuesday, October 22nd. They set an “outperform” rating and a $98.00 price objective for the company. Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Telsey Advisory Group dropped their price target on shares of Dollar General from $103.00 to $90.00 and set a “market perform” rating on the stock in a research report on Monday, December 2nd. Wells Fargo & Company lowered their target price on shares of Dollar General from $90.00 to $80.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, HSBC cut their price target on shares of Dollar General from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $98.27. Insider Activity at Dollar General In other news, Director Warren F. Bryant bought 1,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were purchased at an average price of $80.83 per share, with a total value of $80,830.00. Following the transaction, the director now directly owns 42,030 shares in the company, valued at $3,397,284.90. This represents a 2.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, EVP Steven R. Deckard sold 2,010 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $86.66, for a total value of $174,186.60. Following the completion of the transaction, the executive vice president now directly owns 2,887 shares of the company’s stock, valued at approximately $250,187.42. This represents a 41.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 0.49% of the stock is currently owned by insiders. Dollar General Stock Performance NYSE DG opened at $81.59 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.24 and a debt-to-equity ratio of 0.86. The company has a fifty day simple moving average of $79.52 and a 200 day simple moving average of $103.60. Dollar General Co. has a 12-month low of $72.12 and a 12-month high of $168.07. The company has a market cap of $17.94 billion, a P/E ratio of 13.44, a PEG ratio of 2.33 and a beta of 0.44. Dollar General ( NYSE:DG – Get Free Report ) last posted its earnings results on Thursday, December 5th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.08). The business had revenue of $10.18 billion for the quarter, compared to the consensus estimate of $10.14 billion. Dollar General had a return on equity of 20.62% and a net margin of 3.57%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 earnings per share. Sell-side analysts predict that Dollar General Co. will post 5.78 earnings per share for the current fiscal year. Dollar General Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, January 7th will be issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, January 7th. This represents a $2.36 annualized dividend and a yield of 2.89%. Dollar General’s dividend payout ratio (DPR) is currently 38.88%. About Dollar General ( Free Report ) Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. Featured Stories Want to see what other hedge funds are holding DG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar General Co. ( NYSE:DG – Free Report ). Receive News & Ratings for Dollar General Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General and related companies with MarketBeat.com's FREE daily email newsletter .Percentages: FG .547, FT .725. 3-Point Goals: 12-22, .545 (Hunter 7-10, Rogers 3-6, Carter 1-2, Haggerty 1-4). Team Rebounds: 2. Team Turnovers: 1. Blocked Shots: 2 (Cisse 2). Turnovers: 12 (Dainja 3, Haggerty 3, Hunter 2, Jourdain 2, Okojie, Rogers). Steals: 2 (Haggerty, Hunter). Technical Fouls: Dainja, 2:29 first. Percentages: FG .492, FT .792. 3-Point Goals: 14-30, .467 (Karaban 4-8, Ball 3-6, Stewart 2-3, Mahaney 2-4, McNeeley 2-4, Diarra 1-4, Ross 0-1). Team Rebounds: 2. Team Turnovers: 1. Blocked Shots: 3 (Reed 3). Turnovers: 9 (Diarra 3, Johnson 2, Reed 2, Karaban, Mahaney). Steals: 3 (Diarra, Johnson, McNeeley). Technical Fouls: Huskies, 15:50 first; Johnson, 2:29 first; coach Dan Hurley, 00:39 first. .
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