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Open Extended Reactions Welcome to Week 12! The props were poppin' last week! Well, at least for Daniel Dopp. In fact, all three of Double D's wagers hit. My picks, on the other hand, did not fare as well. Travis Kelce disappeared, Nick Chubb continued to shake off rust, and the Seattle Seahawks delivered a heck of an upset. Regardless, we're back for more and cooking up a buffet of tasty offerings. Let's start earning that holiday gift cash ahead of Black Friday! -- Liz Loza All odds as of publication time. For the latest odds, visit ESPN BET. Quarterback props play 0:57 Can Bo Nix be a top-10 fantasy QB for the rest of the season? Daniel Dopp goes in depth on the impressive fantasy season from Bo Nix. Bo Nix OVER 1.5 passing TDs, Denver Broncos to win (+150) Loza: Nix has been flush with fantasy points recently, going over 20 in four of his last seven games. His legs have been the headline surrounding his FF success, but the Broncos rookie QB has also been succeeding as a passer. In fact, Nix ranks fifth at the position in pass attempts (32.5 per game) and first among QBs in deep ball throws (4.7 per game). He has also demonstrated a penchant for converting in the red area of the field, tossing 13 TDs since Week 5, which ranks inside the top-five signal-callers in the NFL. This week he'll travel to Las Vegas for a rematch against a banged up Las Vegas Raiders squad that he beat by 16 points back in early October. He also threw two TDs in that game. Lady luck figures to be on his side once again in Week 12. Running back props Will Brian Robinson Jr. find more running room this weekend against the Cowboys? AP Photo/Matt Slocum Brian Robinson Jr. OVER 69.5 rushing yards (-120) It's not too late to play for free There's still time to join or create a league in the No. 1 Fantasy basketball game. Your league starts fresh on the first scoring period following your draft. Create or join a fantasy basketball league on ESPN. Your championship run starts... Liz Loza , Daniel DoppCryptocurrencies such as bitcoin will help drive modernisation of Australia’s financial system, Treasurer Jim Chalmers has declared while revealing the re-election of Donald Trump has already forced a rethink of the emerging sector’s importance. Chalmers said while there were legitimate concerns such as the use of crypto by criminal elements, the possible advantages from the creation of new investment opportunities should not be curtailed by overzealous regulation. Cryptocurrencies such as bitcoin have attracted even more interest since the re-election of Donald Trump. Credit: Bloomberg Cryptocurrencies, which encompass digital currencies that are effectively policed by investors rather than authorities such as governments or central banks, were already one of the world’s fastest-growing investment opportunities before Trump’s election victory in November. Trump has promised to be a “crypto president” by loosening regulation around products, creating a stockpile of bitcoin – the value of which has surged by a third since November – and making it easier for crypto investors to gain access to traditional banking systems. In Australia, broad investment in cryptocurrencies is still well short of traditional sectors such as equities and property, but there is growing interest, particularly among younger people. Loading Chalmers said he believed crypto, and the infrastructure surrounding it, could be a key feature of an improved financial system. “I think crypto has a role to play, and it’s part of modernising and innovating in our financial system,” he said. “We need to make sure there are appropriate protections and guard-rails, but we need to make sure we don’t overdo that and stomp on part of the industry which, I think, will be important in the industry.” Last month, RBA governor Michele Bullock, who previously headed up the bank’s payments arm, was less bullish than Chalmers about cryptocurrency and said she didn’t see a role for it in the economy. “I don’t really see a role for it in, certainly in the Australian economy or payments system,” she said. Governments, central banks and policymakers around the world are watching Trump’s policy agenda with particular interest, given he has promised to impose wide-scale tariffs , deport millions of undocumented workers and possibly intervene in official interest rate settings . Chalmers said Trump’s approach to crypto was also uppermost in the government’s mind. “Of the list of changes in policy emphasis we expect from the incoming Trump administration, this is one of the ones we’ve spent a lot of time thinking about,” he said. “We think about trade and tariffs, we think about financial regulation, we think about deregulation more broadly. We think about the energy transformation, and we think about crypto.” The government is planning to introduce legislation next year that would create licensing arrangements for businesses that offer digital assets such as crypto and stablecoin – a type of cryptocurrency pegged to the value of another currency or commodity. The licensing is in part due to growing crypto-related scams that were estimated last year to have cost Australians about $180 million in losses. AUSTRAC this month warned that it believed specialist crypto ATMs were being used by criminal organisations in South-East Asia to launder the money of Australian-based criminals. Treasurer Jim Chalmers believes cryptocurrencies will drive modernisation and innovation across the nation’s financial system. Credit: Alex Ellinghausen Chalmers said regulations around crypto had to balance security issues for potential investors in the asset class against being overly onerous. “Our interest here is to recognise it’s legitimate, it’s important, it’s growing,” he said. “We need to make sure that people are protected, but we don’t want to overdo it in a way that stifles an industry we believe in. “Obviously, the multinational crime element of it is something people are focused on with good reason, but I think we would be doing ourselves a disservice if we overfocused on the downside and didn’t sufficiently focus on the upside.” One of the downsides is the use of crypto by criminals attracted to the way its underlying technology makes it difficult to track major financial transactions. In some cases, criminals have demanded ransom payments in crypto. Loading This masthead can also reveal that cryptocurrency assets are increasingly being seized by the Australian Federal Police as part of their inquiries. Between July and November this year, the AFP had collected more than $20 million worth of crypto. Over the same period, more than $28 million in cash was seized by the AFP’s criminal asset confiscation taskforce. All seized cash goes into an account used for community safety programs. The AFP has collected $62 million in crypto since the middle of 2019. The value of that crypto may be growing. Once the AFP collects it, the agency does not track the ongoing value of the crypto (which is managed by the Australian Financial Security Authority). Since July 1 this year, the value of bitcoin has soared from $US63,352 to $US97,742. As recently as December 17, bitcoin had reached $US106,470. Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter . Save Log in , register or subscribe to save articles for later. License this article Cryptocurrencies Jim Chalmers AFP Crime Shane Wright – Shane is a senior economics correspondent for The Age and The Sydney Morning Herald. Connect via Twitter or email . Most Viewed in Politics Loading
In a landmark event, India's first Constitution Museum was inaugurated at OP Jindal Global University, Haryana, by Lok Sabha Speaker Om Birla and Minister of State for Law and Justice Arjun Ram Meghwal. The occasion was graced by Naveen Jindal, JGU Founding Chancellor, and a Member of Parliament, along with other distinguished guests. Addressing the gathering, Mr. Birla emphasized the museum's role in enlightening future generations about India's Constitution. He praised the document as a beacon of equality and justice, while Mr. Meghwal highlighted its foundational principles of equality, liberty, and fraternity, underscoring Chancellor Naveen Jindal's contributions to the national ethos. The Constitution Museum is designed to showcase the painstaking efforts in drafting the world's longest Constitution. Visitors can engage with its provisions through cutting-edge technology and explore the influences behind its creation, including the significant contributions of the women in the Constituent Assembly, with immersive exhibits and innovative storytelling. (With inputs from agencies.)
TORONTO — Broad-based gains led Canada’s main stock index to close higher in the shortened Christmas Eve trading session, while U.S. stock markets also rose. The S&P/TSX composite index ended up 97.84 points at 24,846.82, as most sectors rose other than telecoms and health care. In New York, the Dow Jones industrial average was up 390.08 points at 43,297.03. The S&P 500 index was up 65.97 points at 6,040.04, while the Nasdaq composite was up 266.24 points at 20,031.13. The gains added to increases in recent days to help offset the drop in markets last week after the U.S. Federal Reserve released its latest outlook. The climb however was more likely related to year-end balancing than any change in sentiment, said Dustin Reid, chief fixed income strategist at Mackenzie Investments. “I think it’s mostly just year-end flows that are driving it. I don’t think there’s anything that’s particularly reversed in terms of sentiments since the Fed meeting,” said Reid. There’s reallocation by geography, moving asset classes and other adjustments to align portfolios that is likely affecting markets, he said. “I find that price action around month end, quarter end, and year-end, you shouldn’t try and ascribe a ton of fundamental cause as to why things are moving, because there’s a lot of flows happening below the surface that are probably driving the price action that are not necessarily fundamentally based.” The U.S. Fed guided for only two rate cuts in 2025 at its Dec. 18 meeting, which pushed down markets for the day. But Reid said the guidance was largely in line with expectations, and the strong U.S. economy has likely since helped boost markets. The Canadian market, meanwhile, might be benefiting a little from the expectations of even more rate cuts needed here than expected as the economy is showing softness. On Monday, Statistics Canada said its early estimate for November suggests real GDP for the month edged 0.1 per cent lower for the first drop this year. “The negative flash print for November really suggests that the bank is going to have a fair bit more work to do,” said Reid. “I think that the market is not pricing in enough easing for calendar ’25 for the Bank of Canada.” There was no economic data releases Tuesday to sway markets, he said. The Canadian dollar traded for 69.51 cents US compared with 69.47 cents US on Monday. The February crude oil contract was up 86 cents at US$70.10 per barrel and the February natural gas contract was up 16 cents at US$3.50 per mmBTU. The February gold contract ended up US$7.30 at US$2,635.50 an ounce and the March copper contract was up two cents at US$4.11 a pound.Atria Investments Inc Has $273,000 Position in Spire Inc. (NYSE:SR)Here's what the H-1B visa debate with Musk and Ramaswamy is about
Yet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris before she was eventually arrested . People are also reading... Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. Kent Nishimura/Getty Images/File via CNN Newsource And on Christmas Eve, a body was found in a wheel well of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by stowaways , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” United, Apple rolling out new way to track lost luggage with AirTags ‘Embarrassing’ for TSA and Delta How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told CNN affiliate KING . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. ___ CNN’s Holly Yan, Pete Muntean, Amanda Musa and Nicole Chavez contributed to this report. 4 tips to help you experience exceptional cruise dining | PennyWise podcast PHOTOS: The top images of 2024 Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. Terrill) Mark J. Terrill Fans interfere with a foul ball caught by Los Angeles Dodgers right fielder Mookie Betts during the first inning in Game 4 of the baseball World Series against the New York Yankees, on Oct. 29, 2024, in New York. (AP Photo/Ashley Landis) Ashley Landis An adult periodical cicada sheds its nymphal skin on May 11, 2024, in Cincinnati. There are two large compound eyes, which are used to visually perceive the world around them, and three small, jewel-like, simple eyes called ocelli at center. (AP Photo/Carolyn Kaster) Carolyn Kaster Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret Service agents after an assassination attempt at a campaign rally in Butler, Pa., July 13, 2024. (AP Photo/Evan Vucci) Evan Vucci Cairo Consort prepares for a race in the paddock at Churchill Downs in Louisville, Ky., before the 150th running of the Kentucky Derby horse race on May 4, 2024. (AP Photo/Brynn Anderson) Brynn Anderson Republican presidential nominee former President Donald Trump prepares to walk on stage for a campaign rally at Macomb Community College in Warren, Mich., on Nov. 1, 2024. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Pope Francis gestures during an annual gathering of pro-family organizations at the Auditorium della Conciliazione, in Rome, on May 10, 2024. (AP Photo/Alessandra Tarantino) Alessandra Tarantino A member of the Seattle Mariners tosses a ball against a wall during drills at spring training baseball workouts, on Feb. 15, 2024, in Peoria, Ariz. (AP Photo/Lindsey Wasson) Lindsey Wasson Models wait backstage for a show to start during China Fashion Week in Beijing on March 28, 2024. (AP Photo/Ng Han Guan) Ng Han Guan Emerald miner Janeth Paez stands inside the tunnel of an informal mine near the town of Coscuez, Colombia, on Feb. 28, 2024. (AP Photo/Fernando Vergara) Fernando Vergara Assistants react as members of "Castellers de Vilafranca" try to form a "Castell" or human tower, during the 29th Human Tower Competition in Tarragona, Spain, on Oct. 6, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti Republican presidential candidate former President Donald Trump attends the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, on July 18, 2024. (AP Photo/Carolyn Kaster) Carolyn Kaster With tears streaming down her face, a supporter of Democratic presidential nominee Vice President Kamala Harris applauds as Harris delivers a concession speech on Nov. 6, 2024, after losing the 2024 presidential election, on the campus of Howard University in Washington. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Passengers in the back of a taxi film themselves as they leave the Eiffel Tower, decorated with the Olympic rings ahead of the 2024 Summer Olympics, in Paris, on July 17, 2024. (AP Photo/David Goldman) David Goldman Sara Chen weeps over the grave of her longtime friend, Staff Sgt. Avraham Nerya Cohen, who was killed in action on Oct. 7, 2023, as Israel marks the first anniversary of the Hamas attack on Israel, at the Mount Herzl military cemetery in Jerusalem on Oct. 7, 2024. (AP Photo/Maya Alleruzzo) Maya Alleruzzo Paralympic athlete Santos Araujo, of Brazil, celebrates after winning the men's 200 m Freestyle - S2 final, during the 2024 Paralympics in Paris, France, on Sept. 2, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti Supporters of Republican presidential candidate former President Donald Trump hold signs as Democratic presidential nominee Vice President Kamala Harris passes by on her bus en route to a campaign stop at the Primanti Bros. restaurant in Pittsburgh, on Aug. 18, 2024. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson Emergency personnel carry a 4-year-old girl who was rescued from her collapsed house after heavy rains in Petropolis, Rio de Janeiro state, Brazil, on March 23, 2024. (AP Photo/Bruna Prado) Bruna Prado Midwife Diluwara Begum holds a newborn baby girl after helping deliver her on a boat on the River Brahmaputra, in the northeastern Indian state of Assam, on July 3, 2024. (AP Photo/Anupam Nath) Anupam Nath The faithful carry an 18th century wooden statue of Christ before the start of a procession the in Procida Island, Italy, on March 29, 2024. (AP Photo/Alessandra Tarantino) Alessandra Tarantino A worker inspects the permanent foundations being constructed on the coral reef for a judging tower to be used during the Olympic Games surf competition in Teahupo'o, Tahiti, French Polynesia, on Jan. 12, 2024. (AP Photo/Daniel Cole) Daniel Cole Female Israeli soldiers pose for a photo in southern Israel, on the border of the Gaza Strip, on Feb. 19, 2024. (AP Photo/Tsafrir Abayov) Tsafrir Abayov An American flag is mounted on a fence at a farm on U.S. Highway 20 during a blizzard near Galva, Iowa, on Jan. 13, 2024. (AP Photo/Carolyn Kaster) Carolyn Kaster Democratic presidential nominee Vice President Kamala Harris looks at a monitor backstage just before taking the stage for her final campaign rally on Nov. 4, 2024, the day before Election Day, in Philadelphia. (AP Photo/Jacquelyn Martin) Jacquelyn Martin French sailors on the bridge of the French navy frigate Normandie keep watch during a reconnaissance patrol during NATO exercises in a Norwegian fjord north of the Arctic circle on March 6, 2024. (AP Photo/Thibault Camus) Thibault Camus A race fan holds a drink as he walks on the grounds of Churchill Downs in Louisville, Ky., before the 150th running of the Kentucky Oaks horse race on May 3, 2024. (AP Photo/Charlie Riedel) Charlie Riedel People gather at the Republique plaza in Paris after the second round of the legislative election, on July 7, 2024. (AP Photo/Louise Delmotte) Louise Delmotte Revelers lie in a pool of squashed tomatoes during the annual "Tomatina" tomato fight fiesta, in the village of Bunol near Valencia, Spain, on Aug. 28, 2024. (AP Photo/Alberto Saiz) Alberto Saiz In this photo taken with a long exposure, Israeli shelling hits an area in southern Lebanon, as seen from northern Israel, on Sept. 30, 2024. (AP Photo/Leo Correa) Leo Correa Orthodox nuns wait to take part in a procession marking 250 years since the remains of Saint Dimitrie Bassarabov, patron saint of the Romanian capital, were brought to Romania, in Bucharest, on July 12, 2024. (AP Photo/Vadim Ghirda) Vadim Ghirda Members of the Al-Rabaya family break their fast during the Muslim holy month of Ramadan outside their home, which was destroyed by an Israeli airstrike, in Rafah, Gaza Strip, on March 18, 2024. (AP Photo/Fatima Shbair) Fatima Shbair A gaucho, or South American cowboy, bathes a horse during the Criolla Week rodeo festival, in Montevideo, Uruguay, on March 26, 2024. (AP Photo/Matilde Campodonico) Matilde Campodonico A horse looks out the window from its stable ahead of the 156th running of the Belmont Stakes horse race at Saratoga Race Course, in Saratoga Springs, N.Y., on June 6, 2024. (AP Photo/Julia Demaree Nikhinson) Julia Demaree Nikhinson A cat searches for food in a house burnt by rockets fired by Hezbollah in the town of Kiryat Shmona, northern Israel, near the border with Lebanon, on Feb. 29, 2024. (AP Photo/Ariel Schalit) Ariel Schalit A man transports an electronic voting machine on a pony as election officials walk to a polling booth in a remote mountain area on the eve of the first round of voting in the six-week long national election at Dessa village in Doda district, Jammu and Kashmir, India, April 18, 2024. (AP Photo/Channi Anand) Channi Anand Debris is visible through the window of a damaged home following severe storms in Lakeview, Ohio, on March 15, 2024. (AP Photo/Joshua A. Bickel) Joshua A. Bickel Friends and family fuss over a quinceañera in preparation for her photo session at Colon square in the Zona Colonial neighborhood of Santo Domingo, Dominican Republic, on May 15, 2024. (AP Photo/Matias Delacroix) Matias Delacroix Jewish ultra-Orthodox men dressed in costumes celebrate the Jewish festival of Purim in Bnei Brak, Israel, on March 24, 2024. The holiday commemorates the Jews' salvation from genocide in ancient Persia, as recounted in the Book of Esther. (AP Photo/Oded Balilty) Oded Balilty Druze clergymen attend the funeral of some of the 12 children and teens killed in a rocket strike by the Lebanese militant group Hezbollah at a soccer field at the village of Majdal Shams, in the Israeli-annexed Golan Heights, on July 28, 2024. (AP Photo/Leo Correa) Leo Correa People take cover next to a public bomb shelter as a siren sounds a warning of incoming rockets fired from Lebanon, in Safed, northern Israel, on Sept. 29, 2024. (AP Photo/Ariel Schalit) Ariel Schalit Sloane Stephens of the U.S. signs autographs after defeating Daria Kasatkina of Russia in their second round match at the Australian Open tennis championships at Melbourne Park, Melbourne, Australia, on Jan. 18, 2024. (AP Photo/Louise Delmotte) Louise Delmotte Monuwara Begum and another woman return from a polling station across the Brahmaputra river on the eve of the second phase of India's national election in Sandahkhaiti, a floating island village in the Brahmaputra River in Assam, India, on April 25, 2024. (AP Photo/Anupam Nath) Anupam Nath The container ship Dali rests against the wreckage of Baltimore's Francis Scott Key Bridge on the Patapsco River, on March 27, 2024, as seen from Pasadena, Md. (AP Photo/Alex Brandon) Alex Brandon A girl waits in the family home of the late Ousmane Sylla, who died by suicide inside one of Italy's migrant detention centers, ahead of his body's arrival in Conakry, Guinea, on April 8, 2024. (AP Photo/Misper Apawu) Misper Apawu Members of the Abu Sinjar family mourn their relatives killed in an Israeli bombardment of the Gaza Strip, at their house in Rafah, southern Gaza, on Jan. 5, 2024. (AP Photo/Fatima Shbair) Fatima Shbair Yulia Navalnaya, center, widow of Alexey Navalny, stands in a queue with other voters at a polling station near the Russian embassy in Berlin on March 17, 2024. (AP Photo/Ebrahim Noroozi) Ebrahim Noroozi Alicia Keys performs during halftime of the NFL Super Bowl 58 football game between the San Francisco 49ers and the Kansas City Chiefs on Feb. 11, 2024, in Las Vegas. (AP Photo/David J. Phillip) David J. Phillip People walk through a part of the Amazon River that shows signs of drought in Santa Sofia, on the outskirts of Leticia, Colombia, on Oct. 20, 2024. (AP Photo/Ivan Valencia) Ivan Valencia People mourn over the flagged-covered coffin of Israeli soldier Sgt. Amitai Alon, killed by a Hezbollah drone attack, during his funeral near Ramot Naftali, Israel, on Oct. 14, 2024. (AP Photo/Leo Correa) Leo Correa Israeli students watch a virtual tour of the concentration and extermination camp Auschwitz-Birkenau at the Testimony House, a Holocaust museum in Nir Galim, Israel, on the eve of Israel's annual Holocaust Remembrance Day, May 5, 2024. (AP Photo/Oded Balilty) Oded Balilty Children shake hands before they play a chess game at The Soga Chess Club of the internally displaced persons camp in Kanyaruchinya, Democratic Republic of Congo, on July 29, 2024. (AP Photo/Moses Sawasawa) Moses Sawasawa A young man watches the ball after diving while playing soccer on a dusty field in Abidjan, Ivory Coast, on Feb. 6, 2024. (AP Photo/Themba Hadebe) Themba Hadebe A resident wades through a flooded street following heavy rains from typhoon Toraji in Ilagan City, Isabela province, northern Philippines, on Nov. 12, 2024. (AP Photo/Noel Celis) Noel Celis Erin Young holds her adopted daughter Gianna Young, as she prays the "Patriotic Rosary" for the consecration of the nation and Donald Trump around a bonfire at their home in Sunbury, Ohio, the night before the U.S. election, Monday, Nov. 4, 2024. The conservative Catholic family lives their anti-abortion beliefs through adoption, foster-parenting and raising their children to believe in the sanctity of life. They're also committed to teaching their children about political candidates they see as aligned with their beliefs. (AP Photo/Carolyn Kaster) Carolyn Kaster A mural of former Argentine first lady María Eva Duarte de Perón, better known as Eva Perón, or Evita, depicting her with a saint's halo, adorns a wall inside the Peron Peron restaurant in the San Telmo neighborhood of Buenos Aires, Argentina, Friday, Feb. 9, 2024. (AP Photo/Natacha Pisarenko) Natacha Pisarenko In this photo taken with a long exposure, people look at the northern lights, or Aurora Borealis, in the night sky on May 10, 2024, in Estacada, Ore. (AP Photo/Jenny Kane) Jenny Kane A girl plays a jump rope game at a school housing residents displaced by gang violence in Port-au-Prince, Haiti, on May 15, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa People fish next to drainage that flows into the Paraguay River in Asuncion, Paraguay, on Jan. 28, 2024. (AP Photo/Jorge Saenz) Jorge Saenz A mother coaxes her daughter into trying a spoonful of rice at a school turned into a makeshift shelter for people displaced by gang violence, in Port-au-Prince, Haiti, on May 8, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa A man sits inside a concrete pipe meant for municipal use after his shelter was swept away by the flooding Bagmati River in Kathmandu, Nepal, on Oct. 1, 2024. (AP Photo/Niranjan Shrestha) Niranjan Shrestha People gather in front of destroyed buildings hit by an Israeli airstrike in central Beirut, Lebanon, on Oct. 10, 2024. (AP Photo/Bilal Hussein) Bilal Hussein A cosplayer dressed as Deadpool attends a Comic-Con convention in Panama City on Sept. 1, 2024. (AP Photo/Matias Delacroix) Matias Delacroix Athletes compete during the men's 10km marathon swimming competition at the 2024 Summer Olympics in Paris, France, on Aug. 9, 2024. (AP Photo/Vadim Ghirda) Vadim Ghirda A cleric holds up his son as he celebrates Iran's missile strike against Israel during an anti-Israeli protest at Felestin (Palestine) Square in Tehran, Iran, on Oct. 1, 2024. (AP Photo/Vahid Salemi) Vahid Salemi Kenya Wildlife Service rangers and capture team pull a sedated black rhino from the water in Nairobi National Park, Kenya, on Jan. 16, 2024, as part of a rhino relocation project to move 21 of the critically endangered beasts hundreds of miles to a new home. (AP Photo/Brian Inganga) Brian Inganga A pod of Beluga whales swim through the Churchill River near Churchill, Manitoba, Canada, on Aug. 4, 2024. (AP Photo/Joshua A. Bickel) Joshua A. Bickel A person carrying a handgun and a sign depicting Republican presidential candidate former President Donald Trump stands outside the Republican National Convention in Milwaukee on July 18, 2024. (AP Photo/Jae C. Hong) Jae C. Hong Atmaram, who goes by one name and was found living on the street a day earlier, eats breakfast at Saint Hardyal Educational and Orphans Welfare Society, a home for the aged and unwanted, on April 12, 2024, in New Delhi, India. (AP Photo/David Goldman) David Goldman Buildings cover Gardi Sugdub Island, part of San Blas archipelago off Panama's Caribbean coast, on May 25, 2024. Due to rising sea levels, about 300 Guna Indigenous families are relocating to new homes, built by the government, on the mainland. (AP Photo/Matias Delacroix) Matias Delacroix People help Liudmila, 85, board a bus after their evacuation from Vovchansk, Ukraine, on May 12, 2024. Her husband was killed in their house during a Russian airstrike on the city. (AP Photo/Evgeniy Maloletka) Evgeniy Maloletka Prisoners reach out from their cell for bread at lunchtime at the Juan de la Vega prison in Emboscada, Paraguay, on July 12, 2024. (AP Photo/Rodrigo Abd) Rodrigo Abd Members of the water safety team move into the impact zone on a jet ski to rescue a surfer under a rainbow during a training day ahead of the 2024 Summer Olympics surfing competition in Teahupo'o, Tahiti, on July 23, 2024. (AP Photo/Gregory Bull) Gregory Bull Children play with the ropes of a ship docked on a beach in Parika, Guyana, on June 9, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa A supporter of Republican presidential candidate former President Donald Trump waits for the start of his campaign rally in Doral, Fla., on July 9, 2024. (AP Photo/Rebecca Blackwell) Rebecca Blackwell Lava flows from a volcanic eruption that started on the Reykjanes Peninsula in Iceland, Nov. 20, 2024. (AP Photo/Marco di Marco) Marco di Marco Actors make final adjustments to their costumes before the start of Ramleela, a dramatic folk re-enactment of the life of Rama according to the ancient Hindu epic Ramayana, in New Delhi, India, on Oct. 5, 2024. (AP Photo/Manish Swarup) Manish Swarup Christophe Chavilinga, 90, suffering from mpox, waits for treatment at a clinic in Munigi, eastern Congo, on Aug. 16, 2024. (AP Photo/Moses Sawasawa) Moses Sawasawa Two men in Russian Cossack uniforms pose for a selfie with the Historical Museum in the background after visiting the mausoleum of the Soviet founder Vladimir Lenin, marking the 154th anniversary of his birth, in Moscow's Red Square, on April 22, 2024. (AP Photo/Alexander Zemlianichenko) Alexander Zemlianichenko A fisherman carries his catch of the day to market in Manta, Ecuador, on Sept. 24, 2024. (AP Photo/Dolores Ochoa) Dolores Ochoa Ama Pipe, from Britain, center, receives the baton from teammate Lina Nielsen in a women's 4 X 400 meters relay heat during the World Athletics Indoor Championships at the Emirates Arena in Glasgow, Scotland, on March 3, 2024. (AP Photo/Bernat Armangue) Bernat Armangue Ultra-Orthodox Jews look at part of an intercepted ballistic missile that fell in the desert near the city of Arad, Israel, on April 28, 2024. (AP Photo/ Ohad Zwigenberg) Ohad Zwigenberg Margarita Salazar, 82, wipes sweat from her forehead in her home during an extreme heat wave in Veracruz, Mexico, on June 16, 2024. (AP Photo/Felix Marquez) Felix Marquez Palestinian activist Khairi Hanoon walks with the Palestinian flag on a damaged road following an Israeli army raid in Tulkarem, West Bank, on Sept. 3, 2024. (AP Photo/Majdi Mohammed) Majdi Mohammed A polar bear and a cub search for scraps in a large pile of bowhead whale bones left from the village's subsistence hunting at the end of an unused airstrip near the village of Kaktovik, Alaska, on Oct. 15, 2024. (AP Photo/Lindsey Wasson) Lindsey Wasson Vero Almarche, right, hugs her neighbor Maria Munoz, who was born in the house where they are photographed and which was destroyed by flooding in Masanasa, Valencia, Spain, on Nov. 6, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) Leo Correa First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) Evgeniy Maloletka Kansas City Chiefs tight end Travis Kelce kisses Taylor Swift after the NFL Super Bowl 58 football game against the San Francisco 49ers on Feb. 11, 2024, in Las Vegas. The Chiefs won 25-22. (AP Photo/John Locher) John Locher Natasha Ducre surveys the kitchen of her devastated home, which lost most of its roof during the passage of Hurricane Milton, in Palmetto, Fla., on Oct. 10, 2024. (AP Photo/Rebecca Blackwell) Rebecca Blackwell Students beat a policeman with sticks during a protest over a controversial quota system for government job applicants in Dhaka, Bangladesh, on July 18, 2024. (AP Photo/Anik Rahman) Anik Rahman An animal runs through grass while fleeing flames as the Park Fire tears through the Cohasset community in Butte County, Calif., on July 25, 2024. (AP Photo/Noah Berger) Noah Berger A fisherman casts his fishing line into the Mediterranean Sea from a rocky area along the coastline in Beirut, Lebanon, on July 27, 2024. (AP Photo/Hassan Ammar) Hassan Ammar A voter fills out a ballot during general elections in Nkandla, Kwazulu Natal, South Africa, on May 29, 2024. (AP Photo/Emilio Morenatti) Emilio Morenatti Muslim pilgrims circumambulate the Kaaba, the cubic building at the Grand Mosque, during the annual Hajj pilgrimage in Mecca, Saudi Arabia, on June 11, 2024. (AP Photo/Rafiq Maqbool) Rafiq Maqbool People drive along a road littered with fallen power lines after the passing of Hurricane Rafael in San Antonio de los Banos, Cuba, on Nov. 7, 2024. (AP Photo/Ramon Espinosa) Ramon Espinosa Stay up-to-date on what's happeningBy HALELUYA HADERO, Associated Press President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case and was written by D. John Sauer, Trump’s choice for solicitor general. The argument submitted to the court is the latest example of Trump inserting himself in national issues before he takes office. The Republican president-elect has already begun negotiating with other countries over his plans to impose tariffs, and he intervened earlier this month in a plan to fund the federal government, calling for a bipartisan plan to be rejected and sending Republicans back to the negotiating table. He has been holding meetings with foreign leaders and business officials at his Mar-a-Lago club in Florida while he assembles his administration, including a meeting last week with TikTok CEO Shou Chew. Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined the TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral. He said earlier this year that he still believed there were national security risks with TikTok, but that he opposed banning it. The filings Friday come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. The law was was signed by President Joe Biden in April after it passed Congress with broad bipartisan support. TikTok and ByteDance filed a legal challenge afterwards. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.” In their brief to the Supreme Court on Friday, attorneys for TikTok and its parent company ByteDance argued the federal appeals court erred in its ruling and based its decision on “alleged ‘risks’ that China could exercise control” over TikTok’s U.S. platform by pressuring its foreign affiliates. The Biden administration has argued in court that TikTok poses a national security risk due to its connections to China. Officials say Chinese authorities can compel ByteDance to hand over information on TikTok’s U.S. patrons or use the platform to spread or suppress information. But the government “concedes that it has no evidence China has ever attempted to do so,” TikTok’s legal filing said, adding that the U.S. fears are predicated on future risks. In its filing Friday, the Biden administration said because TikTok “is integrated with ByteDance and relies on its propriety engine developed and maintained in China,” its corporate structure carries with it risk.
I like Martha Stewart. Always have. Two recent documentaries, "Martha" on Netflix and the CNN series "The Many Lives of Martha Stewart," follow the Greek drama that make Stewart a cultural fascination to this day. They recount the jihad against this visionary who came under attack for being a woman with fierce ambition. Admittedly, Stewart's hardedged perfectionism and nuclear-powered drive had created some tension with her product, the "soft" home arts of cooking, flower arranging and chair reupholstering. But did she have to be destroyed? Sure, Stewart engaged in some insider trading that may have seemed nothing more than an innocent stock tip. She shouldn't have lied about it to the FBI. But did journalist Dominick Dunne have to call her the "Goddess of Greed" over a transaction that saved the creator of a billion-dollar business only $45,673? It sure didn't merit five months in prison. In 1987, the cultural hyenas jumped on her for signing a $5 million contract with Kmart. Stewart was allegedly "selling out" the domestic lifestyle she had cultivated, moving away from authenticity toward mass production and profit. People are also reading... Heaven forfend. The year before, The Disney Co.'s CEO walked off with a $90 million severance check after 14 months of undistinguished performance. She was tenacious. So what? Male executives wore that badge proudly. This woman built a business empire based on creating artistic cheese trays and making wreaths from dry leaves. Try that, Elon Musk. Some of her trouble came in the sub-message that our home lives had turned slovenly because Americans had stopped caring about family dinners and dust balls under the sofa. Some translated that not as a call to do better but as an indictment. But Stewart had no army. Those who accused her of creating unrealistic expectations for women juggling work and family should have been asked: Whose expectations? One could simply enjoy watching her on TV or reading her magazine, Martha Stewart Living. Her projects were properly labeled "aspirational." I once tried to follow her instructions for coloring cloth with natural vegetable dyes. Two hours later, I ended up with blotchy fabric and hands stained by beet juice. I tried, I failed, and I had a funny story to tell. I was intrigued by her demonstration on how to roll an ironed tablecloth in parchment paper to prevent wrinkles. And how nice that she could whip up 80 perfectly iced little cakes in no time. I can't do a single backflip. Must I resent Simone Biles for executing a triple-double in one move? It took Superwoman strength to plant an orchard with 122 trees and who knows how many rose bushes. One interviewer noted that people living in Detroit or New York City couldn't do rose gardens. She responded, "But yes, they want roses." The fantasy was more than half the point. Women were among her leading inquisitors. One called her "the most intimidating homemaker on earth." Another female interviewer tells her, "Either they worship you or they say you make us crazy." There was a third possibility that they found her entertaining. Stewart can lay claim to two heroic feats: She played a big part in improving the quality of American homelife. And she rebuilt a business that had been left for dead. Above all, Martha was a great tough broad. You saw how TV's Larry King kept badgering her about her failed marriage in a way that would have seemed bizarre had the executive been a man. "I had sacrificed a marriage because of the allure of a great job," she finally relented. And she didn't regret it? She did not. I like Stewart, still going strong at 83. More than ever. Harrop, who lives in New York City and Providence, Rhode Island, writes for Creators Syndicate: fharrop@gmail.com. Be the first to knowCheck out the report card from Nebraska's 44-25 win against Wisconsin on Saturday at Memorial Stadium. Who can name Nebraska's last 100-yard rusher in a game, before Emmett Johnson achieved the feat Saturday? Johnson ran like he had something to prove, repeatedly shedding the first Badger to get to him. His best run of the day may have been a 19-yard burst in the third quarter when he patiently followed pulling linemen Ben Scott and Henry Lutovsky. Dante Dowdell has a knack for the end zone, scoring three times. (Trivia answer: Chubba Purdy ... against Wisconsin last year). Dylan Raiola has his rhythm back. He spent most of the game hovering around a 70 percent completion rate, which is reminiscent of his first four or five games. The ball is getting out of his hands quicker, and those pitch-and-catches are finally going for big gains. One of his best throws of the day was originally ruled a touchdown on a fade ball to Isaiah Neyor, but replay confirmed he didn't get a foot down. Jahmal Banks had a great TD snag in which he leaped, snared the ball and got his toes down. John Bullock's second tackle for loss of the game stopped Wisconsin's Tawee Walker on fourth-and-1 midway through the third quarter, and it felt like an early dagger for the home team. Bullock was a standout on senior day. The Huskers had some open-field tackling issues but held their own on third- and fourth-down situations. Darrion Dupree was a nice change-of-pace option for the Badgers, averaging 7.5 yards on his seven attempts. Wisconsin found success early on slant passes, including one that went to Vinny Anthony for 42 yards after Isaac Gifford whiffed on a tackle. After that, Braedyn Locke was able to open it for deep balls, including touchdown tosses of 24 and 58 yards. Wisconsin's Vinny Anthony had a big day, racking up six catches for 128 yards and Locke threw for more yards than he has in his past five games. A cool moment for DeShon Singleton, who came down with an interception in his final game at Memorial Stadium. Brian Buschini is having a great season, and Saturday was another notch on his belt. First, he ripped a 52-yard punt that flipped field possession, and he followed that up with a 49-yard boot that went out of bounds at the Wisconsin 3-yard line. Equally as impressive was kicker John "ol' reliable" Hohl, who made all three of his field goals and stayed clean on extra points. Oh, and how about Jacory Barney's 55-yard kick return to open the game? NU's third phase is trending up after a turbulent stretch. A question we might not ever get an answer to: Why was Matt Rhule forced to use a challenge to review Wisconsin's first-quarter touchdown? Don't all scoring plays get reviewed automatically? In a similar situation later in the game, Wisconsin was spared from using a challenge for officials to take another look at a Nebraska touchdown, which was reversed. Also, the unsportsmanlike conduct penalty on Micah Mazzccua for spiking the ball on a touchdown felt unnecessary. Nebraska scored a touchdown on its first possession of a game for the first time since the Northern Iowa game. A true tone-setter. There's plenty to unpack from Holgorsen's play sheet — it's no coincidence it only took him two games to pop a 100-yard rusher. And, 44 points for a team that has scored 20 (twice), 17, 7 and 14 in its past five games. That'll do. For the first time in 49 days, Nebraska won a football game. That was a long 49 for everyone involved. This one is a little more cathartic than usual, too, as the Huskers finally wrapped their arms around a bowl berth. It also takes a big bite out of the pressure NU faces on Black Friday vs. Iowa, which is no longer a "must-win." Get local news delivered to your inbox!Grades: Nebraska 44, Wisconsin 25
Maryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was filed last week in federal court, focuses on a cluster of 13 facilities in northeastern Maryland operated by Delaware-based W.L. Gore & Associates. It alleges the company polluted the air and water around its facilities with per- and polyfluoroalkyl substances , jeopardizing the health of surrounding communities while raking in profits. The lawsuit adds to other claims filed in recent years, including a class action on behalf of Cecil County residents in 2023 demanding Gore foot the bill for water filtration systems, medical bills and other damages associated with decades of harmful pollution in the largely rural community. “PFAS are linked to cancer, weakened immune systems, and can even harm the ability to bear children,” Maryland Attorney General Anthony Brown said in a statement. “It is unacceptable for any company to knowingly contaminate our drinking water with these toxins, putting Marylanders at risk of severe health conditions.” Gore spokesperson Donna Leinwand Leger said the company is “surprised by the Maryland Attorney General’s decision to initiate legal action, particularly in light of our proactive and intensive engagement with state regulators over the past two years.” “We have been working with Maryland, employing the most current, reliable science and technology to assess the potential impact of our operations and guide our ongoing, collaborative efforts to protect the environment,” the company said in a statement, noting a Dec. 18 report that contains nearly two years of groundwater testing results. But attorney Philip Federico, who represents plaintiffs in the class action and other lawsuits against Gore, called the company’s efforts “too little, much too late.” In the meantime, he said, residents are continuing to suffer — one of his clients was recently diagnosed with kidney cancer. “It’s typical corporate environmental contamination,” he said. “They’re in no hurry to fix the problem.” The synthetic chemicals are especially harmful because they’re nearly indestructible and can build up in various environments, including the human body. In addition to cancers and immune system problems, exposure to certain levels of PFAS has been linked to increased cholesterol levels, reproductive health issues and developmental delays in children, according to the Environmental Protection Agency. Gore leaders failed to warn people living near its Maryland facilities about the potential impacts, hoping to protect their corporate image and avoid liability, according to the state’s lawsuit. The result has been “a toxic legacy for generations to come,” the lawsuit alleges. Since the chemicals are already in the local environment, protecting residents now often means installing complex and expensive water filtration systems. People with private wells have found highly elevated levels of dangerous chemicals in their water, according to the class action lawsuit. The Maryland facilities are located in a rural area just across the border from Delaware, where Gore has become a longtime fixture in the community. The company, which today employs more than 13,000 people, was founded in 1958 after Wilbert Gore left the chemical giant DuPont to start his own business. Its profile rose with the development of Gore-Tex , a lightweight waterproof material created by stretching polytetrafluoroethylene, which is better known by the brand name Teflon that’s used to coat nonstick pans. The membrane within Gore-Tex fabric has billions of pores that are smaller than water droplets, making it especially effective for outdoor gear. The state’s complaint traces Gore’s longstanding relationship with DuPont , arguing that information about the chemicals' dangers was long known within both companies as they sought to keep things quiet and boost profits. It alleges that as early as 1961, DuPont scientists knew the chemical caused adverse liver reactions in rats and dogs. DuPont has faced widespread litigation in recent years. Along with two spinoff companies, it announced a $1.18 billion deal last year to resolve complaints of polluting many U.S. drinking water systems with forever chemicals. The Maryland lawsuit seeks to hold Gore responsible for costs associated with the state’s ongoing investigations and cleanup efforts, among other damages. State oversight has ramped up following litigation from residents alleging their drinking water was contaminated. Until then, the company operated in Cecil County with little scrutiny. Gore announced in 2014 that it had eliminated perfluorooctanoic acid from the raw materials used to create Gore-Tex. But it’s still causing long-term impacts because it persists for so long in the environment, attorneys say. Over the past two years, Gore has hired an environmental consulting firm to conduct testing in the area and provided bottled water and water filtration systems to residents near certain Maryland facilities, according to a webpage describing its efforts. Recent testing of drinking water at residences near certain Gore sites revealed perfluorooctanoic acid levels well above what the EPA considers safe, according to state officials. Attorneys for the state acknowledged Gore’s ongoing efforts to investigate and address the problem but said the company needs to step up and be a better neighbor. “While we appreciate Gore’s limited investigation to ascertain the extent of PFAS contamination around its facilities, much more needs to be done to protect the community and the health of residents,” Maryland Department of the Environment Secretary Serena McIlwain said in a statement. “We must remove these forever chemicals from our natural resources urgently, and we expect responsible parties to pay for this remediation.”AP News Summary at 5:47 p.m. EST
Poilievre lambastes Trudeau after violent Montreal protestsRarely does a college basketball game provide such stark contrast between the sport's haves and have-nots as when Jackson State faces No. 9 Kentucky on Friday in Lexington, Ky. While Kentucky claims eight NCAA Tournament crowns and the most wins in college basketball history, Jackson State has never won an NCAA Tournament game and enters the matchup looking for its first win of the season. Impressive tradition and current record aside, Kentucky (4-0) returned no scholarship players from last season's team that was knocked off by Oakland in the NCAA Tournament. New coach Mark Pope and his essentially all-new Wildcats are off to a promising start. Through four games, Kentucky is averaging 94.3 points per game, and with 11.5 3-pointers made per game, the team is on pace to set a school record from long distance. The Wildcats boast six double-figure scorers with transfer guards Otega Oweh (from Oklahoma, 15.0 ppg) and Koby Brea (from Dayton, 14.5 ppg) leading the team. The Wildcats defeated Duke 77-72 on Nov. 12 but showed few signs of an emotional letdown in Tuesday's 97-68 win over a Lipscomb team picked to win the Atlantic Sun Conference in the preseason. Kentucky drained a dozen 3-pointers while outrebounding their visitors 43-28. Guard Jaxson Robinson, held to a single point by Duke, dropped 20 points to lead the Kentucky attack. Afterward, Pope praised his team's focus, saying, "The last game was over and it was kind of on to, ‘How do we get better?' That's the only thing we talk about." Lipscomb coach Lennie Acuff also delivered a ringing endorsement, calling Kentucky "the best offensive Power Four team we've played in my six years at Lipscomb." Jackson State (0-5) and third-year coach Mo Williams are looking for something positive to build upon. Not only are the Tigers winless, but they have lost each game by nine or more points. Sophomore guard Jayme Mitchell Jr. (13.8 ppg) is the leading scorer, but the team shoots just 35.8 percent while allowing opponents to shoot 52.3 percent. The Tigers played on Wednesday at Western Kentucky, where they lost 79-62. Reserve Tamarion Hoover had a breakout game with 18 points to lead Jackson State, but the host Hilltoppers canned 14 3-point shots and outrebounded the Tigers 42-35 to grab the win. Earlier, Williams, who played against Kentucky while a student at Alabama, admitted the difficulties of a challenging nonconference schedule for his team. "Our goal is not to win 13 nonconference games," Williams said. "We're already at a disadvantage in that regard. We use these games to get us ready for conference play and for March Madness." Jackson State has not made the NCAA Tournament since 2007. The Tigers had a perfect regular-season record (11-0) in the Southwestern Athletic Conference in 2020-21 but lost in the league tournament. Kentucky has never played Jackson State before, but the game is being billed as part of a Unity Series of matchups in which Kentucky hosts members of the SWAC to raise awareness of Historical Black Colleges and Universities and provide funds for those schools. Past Unity Series opponents have been Southern in December 2021 and Florida A&M in December 2022. --Field Level MediaThe Los Angeles Kings (11-7-3) defeated the Seattle Kraken (10-10-1) 2-1 in a Pacific Division showdown Saturday afternoon (Nov. 23) from the City of Angels. For Seattle, this was the start of a two-game California road trip after a successful homestand, not to mention an opportunity to level the Kings on points. As for L.A., they looked to rebound from a somewhat surprising shutout defeat at home on Thursday to the Buffalo Sabres. Scoreless First Period Morphs Into Action-Packed Middle Frame The opening 20 minutes did not necessarily treat fans at Crypto.com Arena with tons of action. To that point, the visiting Kraken retreated to their locker room after the horn with a narrow 5-4 lead in shots on goal. Both David Rittich and Joey Daccord stood tall when called into action. The tempo changed in the middle frame. Los Angeles treated the home supporters to a pair of goals barely a few minutes apart. It began at 4:19 when Adrian Kempe received a slick pass from Alex Turcotte in the slot and wristed home a shot past Daccord through some traffic. The Kings doubled their advantage on the power play. At 6:03, Quinton Byfield received a pass at the bottom of the right faceoff circle and ripped a one-timer at an impressively sharp angle to make it 2-0. Were it not for a superb save by Seattle’s netminder off the shaft of his stick with about 90 seconds left in the period, it would have been 3-0 for the Kings. The latter caught their opponents napping on the power play. This allowed Byfield and Warren Foegele to race out for a 2-on-0 opportunity but, surprisingly, failed to make good on it. Kings Hold the Fort in the Third Period With their backs against the wall, the Kraken performed the expected third-period push. One phenomenal sequence at around the nine-minute mark saw Brandon Montour blast not one but two powerful shots from the slot (he got his own rebound). Neither went in. The Kings’ defense got the loose puck and sent it Foegele’s way as he rushed out on a partial breakaway but was stonewalled by Daccord. Seattle was awarded a final chance to make something of the afternoon with a late power play but failed to do so. Ironically, they would score a consolation goal through Montour at 18:26 with their net empty, but that’s as close as they would get. Rittich repelled 19 of the 20 shots that came his way to help L.A. secure the two hard-fought points. The Kraken head next to Anaheim to face the Ducks on Monday, Nov. 25, the first of a home-and-home. The Kings travel north to San Jose for a date with the Sharks on the same night. This article first appeared on The Hockey Writers and was syndicated with permission.
A question and answer session with Founder and CEO of City Friends Club, Anna Gubareva We aim to launch our first initiatives that promote conscious consumption and waste reduction. One such project is the Coffee Friends Club, which encourages environmentally responsible behavior. Recently, we completed a pilot project Graffiti Friends Club in Limassol. This initiative involved creating 10 unique graffiti artworks on transformer boxes with local artists, achieving several important goals: The project was a great success, and we plan to expand it to other cities with the support of the Electricity Authority of Cyprus, as it has proven to benefit urban spaces. We are also developing a mobile app to simplify and automate participation in our initiatives. In the future, we hope the app will run independently across cities, requiring minimal resources from our organisation. Our primary aim is to launch daily street cleaning, carried out by professional teams. We plan to start with small teams of three people and gradually scale up to create a clean and welcoming urban environment. The Larnaca Municipality has been very supportive, providing key resources such as a car, a driver and parking space, which has allowed us to launch successfully. They also help promote our project through information campaigns. This support is invaluable, as it helps us involve local residents in our activities. While many Cypriots are already participating, we hope this collaboration will help us attract even more volunteers. In Paphos, we have initiated regular monthly cleanups. Previously, these were coordinated from Limassol, which made it harder. Now we’re ready to expand, adding corporate cleanups to our activities. We’ve hired our first local staff member in Paphos and got a car, which makes managing projects on-site much easier. The school is a key partner in our initiatives. Along with providing financial support, they fully align with our values and actively contribute to educating the younger generation. As a core partner, we are creating a customised sponsorship package that includes events and activities designed to match the school’s interests and needs. This helps strengthen our collaboration and ensures the most effective implementation of our shared goals. One of our key indicators is the number of people participating in cleanups and other events. More participants mean stronger community engagement and greater awareness of environmental issues. Another important metric is the amount of waste collected and removed, providing a clear measure of the cleanup efforts impact. We also value social feedback: how residents and tourists respond to our initiatives through social media posts, participation requests, or an increase in volunteer numbers. We hope these efforts will lead to a noticeable reduction in waste, reflecting the development of a culture of cleanliness among both residents and visitors. Additionally, we can’t overlook another important indicator – the growth in the number of partners, sponsors and organisations willing to support or collaborate with us. I won’t list all the environmental problems faced by cities in Cyprus but will focus on those we are addressing. Larnaca and Paphos share the same challenges as other cities on the island. These are popular tourist destinations, and in recent years, Cyprus has experienced a significant influx of new residents. While Cyprus strives to adapt as a hospitable country, not all sectors are keeping up with the increased demand. One of the main problems is the inefficient waste management system, which is unable to keep up with the new reality. The growing number of tourists and residents has worsened the waste problem, particularly in popular recreational areas. Tourists and locals often leave trash in public spaces, on beaches and along roads, which not only spoils the appearance of the cities but also harms the ecosystem. To tackle this issue, all cities in Cyprus need stricter cleanliness controls, the installation of additional waste collection infrastructure (such as bins and containers) and efforts to foster a culture of responsible waste disposal among residents and visitors.Atria Investments Inc cut its stake in Spire Inc. ( NYSE:SR – Free Report ) by 14.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,060 shares of the utilities provider’s stock after selling 698 shares during the period. Atria Investments Inc’s holdings in Spire were worth $273,000 at the end of the most recent quarter. A number of other institutional investors have also recently modified their holdings of the stock. Assenagon Asset Management S.A. lifted its holdings in shares of Spire by 197.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 162,195 shares of the utilities provider’s stock worth $9,850,000 after acquiring an additional 107,662 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Spire by 290.9% in the 2nd quarter. AQR Capital Management LLC now owns 130,827 shares of the utilities provider’s stock valued at $7,877,000 after purchasing an additional 97,358 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Spire by 8.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 944,387 shares of the utilities provider’s stock valued at $57,351,000 after purchasing an additional 72,119 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Spire by 11.0% during the 2nd quarter. Victory Capital Management Inc. now owns 698,819 shares of the utilities provider’s stock worth $42,439,000 after buying an additional 69,020 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Spire by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 5,626,863 shares of the utilities provider’s stock worth $345,321,000 after buying an additional 65,486 shares during the last quarter. 87.36% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades A number of research firms have issued reports on SR. StockNews.com cut Spire from a “hold” rating to a “sell” rating in a research report on Thursday. Stifel Nicolaus decreased their price target on shares of Spire from $70.00 to $69.00 and set a “hold” rating on the stock in a report on Friday. Mizuho increased their price objective on shares of Spire from $62.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday. Morgan Stanley decreased their target price on shares of Spire from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, LADENBURG THALM/SH SH downgraded shares of Spire from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $65.50 to $60.50 in a report on Thursday, October 17th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $68.06. Spire Trading Up 2.7 % SR opened at $72.55 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.48 and a quick ratio of 0.35. Spire Inc. has a fifty-two week low of $56.36 and a fifty-two week high of $72.71. The company’s 50 day moving average price is $65.74 and its two-hundred day moving average price is $63.76. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 3.00 and a beta of 0.52. Spire Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Wednesday, December 11th will be paid a $3.14 dividend. This is a boost from Spire’s previous quarterly dividend of $0.76. The ex-dividend date is Wednesday, December 11th. This represents a $12.56 annualized dividend and a dividend yield of 17.31%. Spire’s payout ratio is currently 72.60%. Spire Profile ( Free Report ) Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas. Recommended Stories Five stocks we like better than Spire How to Use the MarketBeat Excel Dividend Calculator Tesla Investors Continue to Profit From the Trump Trade Differences Between Momentum Investing and Long Term Investing MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index Netflix Ventures Into Live Sports, Driving Stock Momentum Want to see what other hedge funds are holding SR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spire Inc. ( NYSE:SR – Free Report ). Receive News & Ratings for Spire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire and related companies with MarketBeat.com's FREE daily email newsletter .
Labour's inheritance tax raid on farmers 'will spell the death of farm shops' as landowners may be forced to close stores and lay off staffBank of Nova Scotia stock falls Thursday, underperforms market
Seniors struggle to make close friendships in new communityNoneThomas Adewumi University (TAU), Oko-Irese in Irepodun Local Government Area of Kwara State, has in the last two years secured about N285m in research grants, both in cash and credits, from “strategic partnerships.” The Vice Chancellor (VC) of the university, Fransisca Oladipo, who disclosed this to newsmen at the weekend on the institution’s campus to herald its maiden convocation ceremony next Tuesday, described the grant as transformative. She also hinted that Governor Seyi Makinde of Oyo State would deliver the convocation lecture titled, “The Fourth Industrial Revolution and the Future of Work: Implications for Nigerian Graduates.” Fransisca added that the High Commissioner of the Republic of Namibia in Nigeria and ECOWAS, Humphrey Geiseb, would give the Convocation Commencement Address, while Governor Abdulrahman Abdulrazaq would be the Special Guest of Honour. According to her, the over N280 million in grants have fueled groundbreaking research and bolstered academic excellence in computing research. “Our research initiatives have secured a total grant of USD178,000 in actual cash and over USD50,000 in research credits and other support for faculty, staff, and students from our strategic partnerships,” she stated. Fransisca added that her leadership also has a Memorandum of Understanding (MOU) with an Energy Consortium in the United States of America (USA) for creative funding of up to $105 million. “Also, through the generous support of our founders, we have achieved record funding levels that have supported state-of-the-art facilities and infrastructure. These milestones are not just investments in our campus but in the future of our students, empowering innovation, fostering inclusivity, and setting a robust foundation for generations to come,” she said. She hinted that the school, which was officially licensed in April 2021, began academic exercises on May 16 of the same year with 13 academic programmes across three faculties, and is steadily committed to excelling across the fields of Science, Technology, Engineering, Medicine, and Innovations (STEM-i). “Since then, we have expanded to offer 27 academic programmes in 24 departments under seven faculties, with a solid record of achievement, including 100% full accreditation by the National Universities Commission (NUC),” she said. According to her, between 2021 and now, we have doubled our academic programmes from the original 13 approved by the NUC for take-off to 27, and established four new faculties (Arts and Humanities, Engineering, Law, and Nursing Sciences), bringing the total to seven faculties from the original three as approved for take-off. We achieved 100% full NUC accreditation in all our academic programmes. “Additionally, our LLB Law Programme is approved by the Council of Legal Education, while our Bachelor of Nursing Science Programme is fully accredited by the Nursing and Midwifery Council of Nigeria. Earlier this month, we presented our first set of Nursing students for the Council’s qualifying examinations, and we achieved a 100% pass. “We are deeply committed to making a meaningful contribution to all 17 Sustainable Development Goals (SDGs). We are undoubtedly one of Nigeria’s most sustainable university campuses, with a 214KW solar farm,” she explained. The VC, who is the Secretary General of the Consortium of Universities in Kwara State (KU8+), stated that degrees would be conferred on 26 graduands from two faculties and nine academic programmes, with six graduating with First Class Honours, 14 with Second Class Honours (Upper Division), four with Second Class Honours (Lower Division), and one with a Third Class. Meanwhile, aside from convincing the media practitioners about the school’s landmark success since inception, the VC also led them on a tour of many facilities across the 300-square-metre premises, stating that almost all the raw materials are either produced or made locally.U.S. president-elect Donald Trump says he told Canadian hockey legend Wayne Gretzky during a Christmas Day visit that he should run for prime minister of Canada. “I just left Wayne Gretzky, ‘The Great One’ as he is known in ice-hockey circles,” Trump posted on his Truth Social platform Wednesday afternoon. “I said, ‘Wayne, why don’t you run for prime minister of Canada, soon to be known as the governor of Canada — you would win easily, you wouldn’t even have to campaign.’ He had no interest,” Trump wrote. His comment about being governor of Canada refers to Trump repeatedly suggesting the country become a U.S. state, which Ottawa insists is a joke. Trump added that it would be “fun to watch” if Canadians launched a movement to get the retired hockey player to seek office. The Canadian Press has tried to contact Gretzky through his agents. Experts have said that Ottawa is rightfully focused on the prospect of damaging tariffs under the looming Trump presidency instead of pushing back on rhetoric about annexing or purchasing Canada. Prime Minister Justin Trudeau leads a minority government that could be toppled by a confidence vote next year, following the surprise resignation of finance minister Chrystia Freeland. Trump also expressed Christmas greetings to Trudeau, again referring to him as a governor and claiming that Canadians would see a tax cut of more than 60 per cent if the country became an American state. “Their businesses would immediately double in size, and they would be militarily protected like no other country anywhere in the world,” Trump wrote in a post that also alluded to his desire to annex Greenland and the Panama Canal. Gretzky has previously backed Conservative politicians, such as former Ontario Progressive Conservative leader Patrick Brown during his run for the party leadership. During the 2015 federal election, Conservative leader Stephen Harper interviewed Gretzky in front of hundreds of supporters as the Tories unsuccessfully sought re-election. At the event, Gretzky told Harper he thought he had been an “unreal prime minister” who had been “wonderful to the whole country.” Gretzky later said he always follows a prime minister’s request, regardless of political stripe, noting he had once hosted a lunch for former Liberal prime minister Pierre Trudeau. Dylan Robertson, The Canadian Press
Vincerx Pharma Enters into a Binding Term Sheet for a Strategic Merger with Oqory, Inc.Caprock Group LLC lowered its position in Tenaris S.A. ( NYSE:TS – Free Report ) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,593 shares of the industrial products company’s stock after selling 387 shares during the period. Caprock Group LLC’s holdings in Tenaris were worth $464,000 as of its most recent SEC filing. Several other hedge funds have also recently bought and sold shares of the company. Cadence Wealth Management LLC grew its holdings in Tenaris by 26.7% in the third quarter. Cadence Wealth Management LLC now owns 17,566 shares of the industrial products company’s stock valued at $558,000 after purchasing an additional 3,699 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in Tenaris by 21.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 21,737 shares of the industrial products company’s stock valued at $691,000 after acquiring an additional 3,845 shares during the last quarter. Covestor Ltd purchased a new position in Tenaris during the 3rd quarter valued at about $40,000. Assetmark Inc. raised its position in Tenaris by 0.9% during the third quarter. Assetmark Inc. now owns 439,553 shares of the industrial products company’s stock worth $13,973,000 after acquiring an additional 4,053 shares during the last quarter. Finally, Mediolanum International Funds Ltd purchased a new stake in shares of Tenaris in the third quarter valued at about $17,129,000. 10.45% of the stock is owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of research analysts have recently weighed in on TS shares. StockNews.com cut shares of Tenaris from a “buy” rating to a “hold” rating in a research note on Tuesday. Stifel Nicolaus dropped their price target on Tenaris from $37.00 to $36.00 and set a “buy” rating for the company in a research report on Friday, October 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $38.67. Tenaris Stock Performance Shares of TS opened at $37.42 on Friday. The company has a market capitalization of $21.76 billion, a price-to-earnings ratio of 8.15 and a beta of 1.43. Tenaris S.A. has a 1 year low of $27.24 and a 1 year high of $40.72. The company’s 50 day simple moving average is $33.02 and its 200 day simple moving average is $31.62. Tenaris Cuts Dividend The firm also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 20th. Stockholders of record on Tuesday, November 19th were issued a dividend of $0.54 per share. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend was Tuesday, November 19th. Tenaris’s dividend payout ratio (DPR) is 23.53%. About Tenaris ( Free Report ) Tenaris SA, together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. See Also Receive News & Ratings for Tenaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenaris and related companies with MarketBeat.com's FREE daily email newsletter .
TORONTO — Broad-based gains led Canada’s main stock index to close higher in the shortened Christmas Eve trading session, while U.S. stock markets also rose. The S&P/TSX composite index ended up 97.84 points at 24,846.82, as most sectors rose other than telecoms and health care. In New York, the Dow Jones industrial average was up 390.08 points at 43,297.03. The S&P 500 index was up 65.97 points at 6,040.04, while the Nasdaq composite was up 266.24 points at 20,031.13. The gains added to increases in recent days to help offset the drop in markets last week after the U.S. Federal Reserve released its latest outlook. The climb however was more likely related to year-end balancing than any change in sentiment, said Dustin Reid, chief fixed income strategist at Mackenzie Investments. “I think it’s mostly just year-end flows that are driving it. I don’t think there’s anything that’s particularly reversed in terms of sentiments since the Fed meeting,” said Reid. There’s reallocation by geography, moving asset classes and other adjustments to align portfolios that is likely affecting markets, he said. “I find that price action around month end, quarter end, and year-end, you shouldn’t try and ascribe a ton of fundamental cause as to why things are moving, because there’s a lot of flows happening below the surface that are probably driving the price action that are not necessarily fundamentally based.” The U.S. Fed guided for only two rate cuts in 2025 at its Dec. 18 meeting, which pushed down markets for the day. But Reid said the guidance was largely in line with expectations, and the strong U.S. economy has likely since helped boost markets. The Canadian market, meanwhile, might be benefiting a little from the expectations of even more rate cuts needed here than expected as the economy is showing softness. On Monday, Statistics Canada said its early estimate for November suggests real GDP for the month edged 0.1 per cent lower for the first drop this year. “The negative flash print for November really suggests that the bank is going to have a fair bit more work to do,” said Reid. “I think that the market is not pricing in enough easing for calendar ’25 for the Bank of Canada.” There was no economic data releases Tuesday to sway markets, he said. The Canadian dollar traded for 69.51 cents US compared with 69.47 cents US on Monday. The February crude oil contract was up 86 cents at US$70.10 per barrel and the February natural gas contract was up 16 cents at US$3.50 per mmBTU. The February gold contract ended up US$7.30 at US$2,635.50 an ounce and the March copper contract was up two cents at US$4.11 a pound.The Indian Rupee continues its downward slide, hitting a fresh record low against the US Dollar today. Meanwhile, the stock markets ended the day with small losses after not being able to hold on to early gains. More from the markets, Tata Capital is gearing up for a huge ₹15,000 crore IPO in 2025. The company has brought in advisors to help with the listing, in line with the RBI's rule for big NBFCs to go public within three years. Share Market View All Nifty Gainers View All Company Value Change %Change On the macro front and ahead of the Union Budget, Prime Minister Modi sat down with economists and NITI Aayog officials for a closed-door meeting. This comes after India’s GDP growth for Q2 hit a 21-month low. From corporates, Dabur has taken Patanjali to court, claiming that an ad featuring Baba Ramdev wrongly says Patanjali's Chyawanprash is the "original" and puts down other brands. The Delhi High Court has agreed to hear the case but hasn’t stopped the ad from airing yet. In other news, India's telecom regulator, TRAI, promises to roll out new guidelines within a month to curb pesky calls. They’ve also said that telecom providers must offer at least one plan that only covers calls and texts, specifically for feature phones. The Election Commission has hit back at Congress’s claims over the Maharashtra elections, saying the increase in voter turnout between 5 PM and 11:45 PM is completely normal. They’ve also filed a case over allegations of voter list manipulation. From abroad, China is planning a record $411 billion in special treasury bonds next year as part of a fiscal stimulus to soften the blow of rising tariffs under a potential Trump administration. Back at home, North India is experiencing a cold wave, with temperatures dropping sharply. Heavy snowfall in Manali has left around 1,000 vehicles stranded, while Sonmarg in Kashmir also saw heavy snow. The Met Department has warned of a severe cold wave ahead. Rupee hits fresh low, drops 9 paise to end at 85.20 against US dollar The rupee extended its decline for the sixth consecutive session, depreciating 9 paise to close at a historic low of 85.20 (provisional) against the US dollar on Tuesday. The drop was attributed to a robust dollar, higher crude oil prices, and weak domestic equity markets. The rupee opened at 85.10 at the interbank foreign exchange and slipped further during intraday trade, touching an all-time low of 85.21 against the greenback By the close, it had settled at 85.20, marking a 9-paise loss from its previous close. On Monday, the rupee had ended 7 paise lower at 85.11. Read more PM Modi meets leading economists, seeks views on sustained long term growth for 2047 Prime Minister Narendra Modi met leading economists and experts on Tuesday, December 24, 2024, to discuss how India can become a developed nation by 2047. According to sources, the discussions extended beyond the immediate budget exercise, focusing instead on a broader long-term growth vision. In his third term, Modi is keen on implementing measures that would steer India towards becoming a "Viksit Bharat" (developed nation). The meeting centered on strengthening key sectors, including agriculture, MSMEs, and manufacturing. There were also in-depth discussions on how India can capitalise on the current geopolitical landscape to play a larger role in global value chains and create more jobs across various sectors. Click for full story Tata Group prepares for ₹15,000 crore IPO of Tata Capital in 2025 More than a year after the bumper listing of Tata Technologies, N Chandrasekaran-led diversified conglomerate Tata Group, has initiated work on the initial public offer (IPO) of the group's flagship financial services arm Tata Capital, three persons in the know told Moneycontrol. Tata Capital is a non-banking financial services (NBFC) firm and a subsidiary of the business group's principal investment holding company Tata Sons." Work has begun on the proposed initial public offer. This is to comply with RBI's norms for 'upper layer' NBFCs. No final call has been taken on the quantum, but the deal is expected to be a big-bang one in excess of ₹15,000 crore," said one of the persons above. Read here China to raise record $411 billion bonds in 2025, targets EVs and tariff challenges Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy. The plan for 2025 sovereign debt issuance would be a sharp increase from this year's 1 trillion yuan and comes as Beijing prepares to soften the blow from an expected increase in U.S. tariffs on Chinese imports when Donald Trump returns to the White House in January. Read more Rules against pesky calls in a month: TRAI Chairman Telecom Regulatory Authority of India (TRAI) has promised new guidelines against pesky calls and that they will be released in a month. Speaking to CNBC TV18 TRAI Chairman Anil Kumar Lahoti also defended the move to ask telecom service providers to offer a tariff plan without data, only for calls and text messages specifically designed for feature phones. Dabur takes Patanjali to court over Chyawanprash ad Dabur has accused Patanjali of making misleading claims in an advertisement featuring its founder, Baba Ramdev, Bar and Bench reported. In the ad, Ramdev says, “Jinko Ayurved aur Vedo ka gyaan nahi, Charak, Sushrut, Dhanwantari aur Chyawanrishi ke parampara mei ‘original’ Chyawanprash kaise bana payenge?” (loosely translated to: "Those who lack knowledge of Ayurveda and Vedic traditions cannot produce the 'original' Chyawanprash"). Dabur contends that this statement implies that only Patanjali's product is authentic, while other brands are inferior or fake. Read the full saga here No arbitrary addition or deletion in voters list in Maharashtra: EC tells Congress The Election Commission said there were no arbitrary additions or deletions of voters in Maharashtra where assembly polls were held in November. The response came after Congress raised the issue. The EC said it would not be correct to compare 5 pm voter turnout data with final polling data. It also explained how an increase in the voter turnout from 5 pm to 11:45 pm was normal, being part of the process of aggregation of voter turnout and how there can be bona fide but inconsequential differences in votes polled and votes counted. Read full story here Weather Update: IMD predicts cold wave in Himachal Pradesh, Ladakh; snowfall in Himalayan Region The India Meteorological Department (IMD) on Tuesday, December 24, predicted cold wave conditions over some parts of India, including Himachal Pradesh, Jammu and Kashmir, Ladakh, Gilgit and Punjab, among others. In its daily bulletin, the weather department stated that the western disturbance as a cyclonic circulation over north Pakistan and its neighbourhood now lies over Jammu and Kashmir and adjoining Himachal Pradesh. Under their influence, light to moderate rainfall or snowfall is expected on December 24 at isolated places over the western Himalayan region. More details here Veteran filmmaker Shyam Benegal dies at 90 Shyam Benegal, the maestro who turned Indian parallel cinema into a stage for raw emotions and hard-hitting truths, died on December 23, 2024, at the age of 90. A trailblazer of the New Cinema movement, Benegal didn’t just make films—he crafted stories that made audiences think, feel, and question. Known for blending unvarnished realism with unforgettable human drama, he redefined storytelling for an entire generation. As we bid farewell to this cinematic giant, let’s roll back the years with ten iconic gems that showcase why Shyam Benegal will forever remain the director who brought life to the screen like no other. Here are his top 10 masterpieces that redefined Indian cinema ISRO gears up for SpaDeX mission to demonstrate in-space docking on Dec 30 India's ambitious SpaDeX mission, aimed at developing and demonstrating in-space docking technology, is set for launch on December 30. The mission will be carried out using the PSLV-C60 rocket from the Satish Dhawan Space Centre, Sriharikota, the Indian Space Research Organisation (ISRO) announced. As part of the preparations, the PSLV-C60 launch vehicle was successfully integrated and moved to the First Launch Pad on December 21 for further satellite integration and final launch preparations. ISRO also shared a time-lapse video on its official X account, showing the rocket’s movement to the First Launch Pad, fully integrated up to PS4 at the PIF facility. You can watch the video here That’s all folks! Keep yourself up to date with the latest news, views and ideas to make money only on cnbctv18.com . Beyond #Newsroom Follow the CNBC-TV18 channel on WhatsApp Catch crispy news updates on the go!- CNBCTV18 Minis Watch all #videos under one segment- CNBCTV18 Binge We bring you real-time updates and analysis of the stock market- Real-time market updates Merry Christmas! We'll see you on Thursday with another engaging 'Top 10@10.'
Stock market today: Wall Street rallies ahead of ChristmasCRANFORD, N.J. , Dec. 27, 2024 /PRNewswire/ -- Citius Oncology, Inc. ("Citius Oncology" or the "Company") CTOR , a specialty biopharmaceutical company focused on the development and commercialization of novel targeted oncology therapies, today reported business and financial results for the fiscal full year ended September 30, 2024 . Fiscal Full Year 2024 Business Highlights and Subsequent Developments Achieved U.S. Food and Drug Administration (FDA) approval of LYMPHIRTM (denileukin diftitox-cxdl), an immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL); Began trading on the Nasdaq exchange under the ticker symbol CTOR on August 13, 2024 , following completion of the merger of Citius Pharma's oncology subsidiary with TenX Keane to form Citius Oncology, Inc., a standalone publicly traded company; Advanced manufacturing, marketing and sales activities in preparation for commercial launch of LYMPHIR in the first half of 2025; key activities included: Manufactured initial inventory for launch and finalized supply chain agreements, Initiated recruitment of targeted field force with contract sales organization, Launched a marketing awareness campaign and engaged with all leading CTCL prescribers, Applied for a unique J-code within the Healthcare Common Procedure Coding System (HCPCS) to facilitate accurate reimbursement, Secured inclusion of LYMPHIR in the National Comprehensive Cancer Network (NCCN) guidelines, critical to clinical decision-making in oncology and hematology, influencing treatment practices and payor reimbursement in the U.S., and Initiated development of the patient support center to help patients access LYMPHIR expeditiously; Supported two investigator-initiated trials to explore LYMPHIR's potential as an immuno-oncology combination therapy being conducted at the University of Pittsburgh Medical Center and the University of Minnesota ; and, Shared interim trial results with the clinical community at the Society for Immunotherapy of Cancer Conference (SITC) of University of Pittsburgh Medical Center's Phase I trial of LYMPHIR with checkpoint inhibitor pembrolizumab. The combination of these two immunomodulatory agents showed clinical benefit in relapsed or refractory gynecological neoplasms, resulting in: 27% objective response rate and 33% clinical benefit rate with median progression free survival of 57 weeks (range: 30-96 weeks), and A manageable safety profile whereby the regimen was well-tolerated with reversible treatment emergent adverse events and no definitive immune-related adverse events greater than or equal to grade 3 documented. Financial Highlights R&D expenses were $4.9 million for the full year ended September 30, 2024 , compared to $4.2 million for the full year ended September 30, 2023 ; G&A expenses were $8.1 million for the full year ended September 30, 2024 , compared to $5.9 million for the full year ended September 30, 2023 ; Stock-based compensation expense was $7.5 million for the full year ended September 30, 2024 , compared to $2.0 million for the full year ended September 30, 2023 ; and, Net loss was $21.1 million , or ($0.31) per share for the full year ended September 30, 2024 compared to a net loss of $12.7 million , or ($0.19) per share for the full year ended September 30, 2023 . "Reflecting on 2024, Citius Oncology has achieved pivotal milestones that underscore our commitment to advancing cancer therapeutics," stated Leonard Mazur , Chairman and CEO of Citius Oncology. "The FDA's approval of LYMPHIR for the treatment of cutaneous T-cell lymphoma marks a significant advancement in providing new options for patients battling this challenging disease. It is the only targeted systemic therapy approved for CTCL patients since 2018 and the only therapy with a mechanism of action that targets the IL-2 receptor. Additionally, the successful merger forming Citius Oncology, now trading on Nasdaq under the ticker CTOR, strengthens our position in the oncology sector. We expect it to facilitate greater access to capital to fund LYMPHIR's launch and the Company's future growth. With a Phase I investigator-initiated clinical trial combining LYMPHIR with pembrolizumab demonstrating promising preliminary results, indicating potential for enhanced treatment efficacy in recurrent solid tumors, and preliminary results expected from a second investigator trial with CAR-T therapies in 2025, we remain excited about the potential of LYMPHIR as a combination immunotherapy." "These accomplishments reflect the dedication of our team and the trust of our investors. As we look ahead, we remain steadfast in our mission to develop innovative therapies that improve the lives of cancer patients worldwide," added Mazur. FULL YEAR 2024 FINANCIAL RESULTS: Research and Development (R&D) Expenses R&D expenses were $4.9 million for the full year ended September 30, 2024 , compared to $4.2 million for the full year ended September 30, 2023 . The increase reflects development activities completed for the resubmission of the Biologics License Application of LYMPHIR in January 2024 , which were associated with the complete response letter remediation. General and Administrative (G&A) Expenses G&A expenses were $8.1 million for the full year ended September 30, 2024 , compared to $5.9 million for the full year ended September 30, 2023 . The increase was primarily due to costs associated with pre-commercial and commercial launch activities of LYMPHIR including market research, marketing, distribution and drug product reimbursement from health plans and payers. Stock-based Compensation Expense For the full year ended September 30, 2024 , stock-based compensation expense was $7.5 million as compared to $2.0 million for the prior year. The primary reason for the $5.5 million increase was due to the amounts being realized over 12 months in the year ended September 30, 2024 , as compared to three months post-plan adoption in the year ended September 30, 2023 . Net loss Net loss was $21.1 million , or ($0.31) per share for the year ended September 30, 2024 , compared to a net loss of $12.7 million , or ($0.19) per share for the year ended September 30, 2023 . The $8.5 million increase in net loss was primarily due to the increase in our operating expenses. About Citius Oncology, Inc. Citius Oncology specialty is a biopharmaceutical company focused on developing and commercializing novel targeted oncology therapies. In August 2024 , its primary asset, LYMPHIR, was approved by the FDA for the treatment of adults with relapsed or refractory CTCL who had had at least one prior systemic therapy. Management estimates the initial market for LYMPHIR currently exceeds $400 million , is growing, and is underserved by existing therapies. Robust intellectual property protections that span orphan drug designation, complex technology, trade secrets and pending patents for immuno-oncology use as a combination therapy with checkpoint inhibitors would further support Citius Oncology's competitive positioning. Citius Oncology is a publicly traded subsidiary of Citius Pharmaceuticals. For more information, please visit www.citiusonc.com Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are made based on our expectations and beliefs concerning future events impacting Citius Oncology. You can identify these statements by the fact that they use words such as "will," "anticipate," "estimate," "expect," "plan," "should," and "may" and other words and terms of similar meaning or use of future dates. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated, and, unless noted otherwise, that apply to Citius Oncology are: our ability to raise additional money to fund our operations for at least the next 12 months as a going concern; our ability to commercialize LYMPHIR and any of our other product candidates that may be approved by the FDA; the estimated markets for our product candidates and the acceptance thereof by any market; the ability of our product candidates to impact the quality of life of our target patient populations; our dependence on third-party suppliers; our ability to procure cGMP commercial-scale supply; risks related to research using our assets but conducted by third parties; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; market and other conditions; risks related to our growth strategy; patent and intellectual property matters; our ability to identify, acquire, close and integrate product candidates and companies successfully and on a timely basis; government regulation; competition; as well as other risks described in our Securities and Exchange Commission ("SEC") filings. These risks have been and may be further impacted by any future public health risks. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding our business are described in detail in our SEC filings which are available on the SEC's website at www.sec.gov , including in Citius Oncology's Annual Report on Form 10-K for the year ended September 30, 2024 , filed with the SEC on December 27, 2024 , as updated by our subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. Investor Contact: Ilanit Allen ir@citiuspharma.com 908-967-6677 x113 Media Contact: STiR-communications Greg Salsburg Greg@STiR-communications.com -- Financial Tables Follow – CITIUS ONCOLOGY, INC. CONSOLIDATED BALANCE SHEETS SEPTEMBER 30, 2024 AND 2023 2024 2023 Current Assets: Cash and cash equivalents $ 112 $ — Inventory 8,268,766 — Prepaid expenses 2,700,000 7,734,895 Total Current Assets 10,968,878 7,734,895 Other Assets: In-process research and development 73,400,000 40,000,000 Total Other Assets 73,400,000 40,000,000 Total Assets $ 84,368,878 $ 47,734,895 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 3,711,622 $ 1,289,045 License payable 28,400,000 — Accrued expenses — 259,071 Due to related party 588,806 19,499,119 Total Current Liabilities 32,700,429 21,047,235 Deferred tax liability 1,728,000 1,152,000 Note payable to related party 3,800,111 — Total Liabilities 38,228,540 22,199,235 Stockholders' Equity: Preferred stock - $0.0001 par value; 10,000,000 shares authorized: no shares issued and outstanding — — Common stock - $0.0001 par value; 100,000,000; 71,552,402 and 67,500,000 shares issued and outstanding at September 30, 2024 and 2023, respectively 7,155 6,750 Additional paid-in capital 85,411,771 43,658,750 Accumulated deficit (39,278,587) (18,129,840) Total Stockholders' Equity 46,140,339 25,535,660 Total Liabilities and Stockholders' Equity $ 84,368,878 $ 47,734,895 CITIUS ONCOLOGY, INC. CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023 2024 2023 Revenues $ — $ — Operating Expenses: Research and development 4,925,001 4,240,451 General and administrative 8,148,929 5,915,290 Stock-based compensation – general and administrative 7,498,817 1,965,500 Total Operating Expenses 20,572,747 12,121,241 Loss before Income Taxes (20,572,747) (12,121,241) Income tax expense 576,000 576,000 Net Loss $ (21,148,747) $ (12,697,241) Net Loss Per Share – Basic and Diluted $ (0.31) $ (0.19) Weighted Average Common Shares Outstanding – Basic and Diluted 68,053,607 67,500,000 CITIUS ONCOLOGY, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023 2024 2023 Cash Flows From Operating Activities: Net loss $ (21,148,747) $ (12,697,241) Adjustments to reconcile net loss to net cash provided by operating activities: Stock-based compensation expense 7,498,817 1,965,500 Deferred income tax expense 576,000 576,000 Changes in operating assets and liabilities: Inventory (2,133,871) - Prepaid expenses (1,100,000) (5,044,713) Accounts payable 2,422,577 1,196,734 Accrued expenses (259,071) (801,754) Due to related party 14,270,648 14,805,474 Net Cash Provided By Operating Activities 126,353 - Cash Flows From Investing Activities: License payment (5,000,000) - Net Cash Used In Investing Activities (5,000,000) - Cash Flows From Financing Activities: Cash contributed by parent 3,827,944 - Merger, net (2,754,296) - Proceeds from issuance of note payable to related party 3,800,111 - Net Cash Provided By Financing Activities 4,873,759 - Net Change in Cash and Cash Equivalents 112 - Cash and Cash Equivalents – Beginning of Year - - Cash and Cash Equivalents – End of Year $ 112 $ - Supplemental Disclosures of Cash Flow Information and Non-cash Activities: IPR&D Milestones included in License Payable $ 28,400,000 $ - Capital Contribution of due to related party by parent $ 33,180,961 $ - Prepaid Manufacturing transferred to Inventory $ 6,134,895 $ - View original content to download multimedia: https://www.prnewswire.com/news-releases/citius-oncology-inc-reports-fiscal-full-year-2024-financial-results-and-provides-business-update-302339671.html SOURCE Citius Oncology, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Investizo is Among the First CFD Brokers to Introduce 1:200 Leverage for Crypto TradingIn 2024, mobile phones turned 40, and while every year since their introduction has felt like it has been brimming with innovation and that felt particularly true this year as every company seemed to be trying to reinvent the wheel with their interpretation of the next phone revolution – a revolution which could define what smartphones look like when they turn 50. Whether it's AI-powered smarts from the likes of or bringing improved efficiency and enhanced creativity tools to our fingertips, foldables allowing us to carry tablets in our pockets with unique form factors that facilitate features flat phones can’t deliver, dumbphones which serve up some much-needed simplicity in our increasingly notification-filled lives, or which could kill off the smartphone as we currently know it. It’s a battle for the ages, folks, but before we dive into the competitive year, we’ve just had, let’s take things all the way back to the very beginning to see how we got here. A brief history of smartphones Here’s a brief outline of a few key events from the past four decades since mobile phones were unleashed to the world – including one pivotal moment that took place over ten years earlier. The best smartphone trend of 2024 Before we get too bogged down in the past of smartphones it’s time we chat with the Ghost of Smartphone Present. 2024 was the year of artificial intelligence, and that was no more true than in the sphere of smartphones with the likes of Gemini, Intelligence, and the continued rise of AI tools assisting us with photo editing, writing, and pretty much everything we can do on our phones. As I mentioned in my brief history, this year was exciting for more than AI, however. We saw the first tri-fold courtesy of the which felt like a bonafide tablet-phone hybrid, while the $700 Motorola Razr finally gave us a foldable that felt truly affordable. At the same time, we were introduced to the likes of the prototype and and Google software, which gave us a glimpse of the technology that some believe – such as Meta CEO Mark Zuckerberg (via ) – could replace smartphones altogether one day. But as I highlight in the video above, I feel the best trend of the year was dumbphones – swooping in as the hero we really need. As an ever-growing deluge of apps and notifications are vying for every iota of our attention, and social media algorithms seem to have reached a stage of existing simply to infuriate every fiber of our being, there’s a wonderful simplicity to the dumbphone and its function to help us switch off from the distractions of smartphones for a while. The served as peak dumbphone with its 4G connectivity, a 2-megapixel camera, and 64 megabytes of RAM (though it does still offer USB-C charging); meanwhile, the delivered a solid smartphone-dumbphone hybrid which can morph between these two modes and seems ideal for folks who aren’t ready to commit wholeheartedly to the smartphone-less lifestyle. What is the future of smartphones? Yet, I write that as I wield a – a foldable which I absolutely adore thanks to its impressively large phone size yet portable design, which is packed with excellent camera software and a suite of AI features I begrudgingly think are pretty neat. My notifications bar is bursting with 14 separate alerts (all appearing since I last cleared it 15 minutes ago). I’m painfully self-aware that I’m the technology equivalent of a five-year-old who might know he should eat his veggies but simply doesn’t want to. If I – someone willing to go on a 10-minute-long video rant about the excellence of dumbphones – haven’t wholeheartedly accepted them, it seems unlikely many others will, relegating this trend to a niche status it deserves more than. Instead, it feels like two of the half-baked trends I failed to crown winners of this year – AR glasses and foldables – will be battling it out over the next 10 years for the crown. AI will certainly be there too, but I expect it’ll be a central part of whichever smartphone trend comes out on top rather than in the form of its own distinct device – you simply need to look at the failed Humane AI and Rabbit R1 next to the success of AI on smartphones as evidence of that. To help me find an answer I turned to our own Editor-at-large . He’s been writing about tech for close to 40 years and is well-versed in the latest and greatest innovations. Having reviewed prototype AR glasses and various foldables and tested every notable AI under the sun, who better is there to ask about where smartphones could and should head? Surprisingly, Lance doesn’t think there will be a single winner as we’ve seen previously when innovation has relegated older style handsets to a niche – instead, all the different types will flourish in their own ways. Rather definitively, Lance explained, “No, AR glasses won’t replace smartphones at least not in the next 10-to-20 years,” with him suggesting they’ll likely be a smartwatch-like accessory that will allow you to do more while keeping your phone in your pocket, and occasionally leave home without your phone. He concedes that they could eventually take over wholeheartedly, but the main drawback will always be finding a way to cram the power and battery life of a smartphone into a wearable that needs to be as light and comfortable as standard glasses. As for foldables, while Lance admits the increased screen size is what convinced him to swap from an iPhone Pro to a Pro Max – which is why he carries around an as his current go-to smartphone – he isn’t fully convinced by foldables either. He appreciates their utility as pocket-sized tablets – adding that’s how he sees them, as tablets rather than typical phones – but as impressive as the Google, Samsung, and other devices are, there’s not yet been enough innovation to justify a price tag to regular folks that is nearly double what a standard smartphone costs. Adding, “I think if more people experienced a foldable like the , they might feel differently about them,” which anecdotally I can attest to; I’ve gone from , though even I feel they’re too pricey for what they offer right now. So in five to ten years' time, Lance said he expects he’ll be carrying around foldable and AR glasses, but as accessories for the regular phone, he’ll have in his pocket too. And it seems Lance isn’t alone in his dedication to standard smartphones. We asked our community: “If each device had equally good cameras, battery life and general functionality, would you rather have a regular smartphone, a folding smartphone or a pair of AR smart glasses?” and over 1,200 people responded with “Smartphone.” Meanwhile, 389 people said “Foldable,” followed by 286 choosing “AR Glasses,” and finally, 54 people simply wanted to “Show results” without voting either way. These results seemingly speak to Lance’s comment about people not having enough experience with foldables or AR glasses to feel positive about them. Still, I think this highlights an awareness of factors I’ve yet to properly address: the downsides of foldables and AR glasses. No one phone to rule them all While I adore the larger screen size foldables boast, not everyone longs for bigger displays, preferring lighter and less chunky handsets. They’re also prone to dust damage; no foldable is yet to be given an IP68 dust and waterproofness score – the highest standard tech can achieve, and the bar most modern smartphones clear – and the non-standard display and shape add to durability concerns. The folding display of the Galaxy Z Fold 6 is certified for 200,000 folding cycles (which is at least five years of opening and closing it 100 times a day, every day), which is a lot. Still, psychologically, it’s impossible to see a usage limit and not be put off when you compare it to a standard smartphone with no such well-publicized expiration date. Couple that with the difficulty of finding screen protectors and cases – alongside the cost of repairs should your foldable break – and there are plenty of reasons for folks without cash to burn to be put off by foldables. As for AR glasses, even non-AR specs like the are noticeably more chunky and a little less comfy than standard frames. The added weight and bulk of bigger batteries, better chipsets, and displays will only make the next generation of smart glasses – such as the Meta Orion AR glasses – less easy to wear all day. Trim downs will happen, but as we’ve seen throughout tech’s history, that takes time. While slim AR glasses will eventually catch up with the performance of today’s smartphones, by that time, there will be new chips that elevate phones to new heights that are too big for specs – mirroring the relationship between smartphones and laptops (or tablets) which peacefully coexist rather than one replacing the others wholeheartedly). So what is the future of smartphones if its supposed successors are still so flawed? Choice. The idea of an all-in-one every-gadget which has been promised to us by sci-fi isn’t practical in the real world, but as new technology options emerge, we’ll have the freedom of choice to construct our own arsenal of gadgets that meet our exacting needs and wants. This isn’t simply true in the smartphone space; look at all of tech. Beyond choosing between smartphones, foldables, glasses, dumbphones, or some combination, people are seeing more choice than ever in the wearables space (fitness bands, , and ), in the computing space (tablets, laptops, all-in-ones, desktops, and portable pucks) and the home entertainment space ( , QLED, mini-LED and projectors). What matters isn’t what’s best in general but what’s best for you. If that is a simple dumbphone that’s just as excellent a pick as someone else, finding their best solution is a package of foldable, add-on AR glasses, a smart ring, and a laptop. The future of smartphones, and what I hope we’ll see for technology as a whole in the coming decade, is all of us having the choice to construct our ideal setup, whatever that may be.
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