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Indian companies have set a new record by raising a staggering ₹1.6 lakh crore through Initial Public Offerings (IPOs) in 2024. This achievement comes on the back of economic growth, favorable market conditions, and enhancements in the regulatory framework. The success of these IPOs reflects not only the confidence of issuers but also investors' enthusiasm to capitalize on listing-day profits or support businesses with robust long-term growth prospects. Hyundai Motor India's IPO was a historical milestone Hyundai Motor India 's ₹27,870 crore IPO was one of the biggest highlights of 2024. It was one of the largest ever in the country's history. All kinds of companies - large, mid, and small - tapped the IPO route this year. The average issue size witnessed a massive jump from ₹867 crore in 2023 to over ₹1,700 crore in 2024. Factors contributing to India's IPO boom The IPO market's vibrancy was especially evident in December, with at least 15 launches. V Prashant Rao of Anand Rathi Advisors attributed the momentum to "rising retail participation, strong domestic inflows and active participation by FPIs (even though they have been net sellers in the secondary market), private capex increase and the government's strategic focus on infrastructure and key sectors." Market analysts predict brighter prospects for 2025 Market analysts are hopeful the fundraising momentum will continue into the new year, possibly exceeding 2024's record numbers. Munish Aggarwal, Managing Director and Head of Equity Capital Markets at Equirus said, "Based on the 75 IPO documents, which are at various stages of approval/marketing and the deal pipelines, we expect issuance activity in 2025 to cross ₹2.5 lakh crore." The next year is anticipated to see big offerings from HDB Financial Services, LG Electronics India, and Hexaware Technologies. SME sector also experiences record IPO activity The SME sector also saw a boom in IPOs, with a record 238 small and medium enterprises raising ₹8,700 crore. This is almost double the ₹4,686 crore raised in 2023. To shield retail investors from higher risks of these offerings, SEBI has introduced stricter regulatory measures such as profitability requirements and a cap on the offer-for-sale (OFS) component.Key Software As A Service (Saas) Market Trend 2024-2033: Expanding Saas Offerings With 5G Solutions
The People’s National Movement (PNM), a cornerstone of Trinidad and Tobago’s political fabric, faces a defining moment as the country approaches the 2025 general election. With a legacy spanning decades, the party has demonstrated resilience in overcoming challenges. However, as the electorate becomes more discerning and diverse, the PNM must address a new reality: the growing influence of the youth vote. To succeed, the party must reaffirm its core values while reimagining its strategies to connect with younger generations. Trinidad and Tobago’s youth represent a powerful electoral force, defined by digital fluency, awareness of global and local issues, and impatience with traditional political norms. They seek leaders and policies that reflect their aspirations and the complexities of the modern world. For the PNM, this presents both a challenge and an opportunity. To remain competitive, the party must engage this demographic authentically, innovatively and inclusively. Historically, the PNM has relied on its achievements and strongholds to secure victories. While these remain important, they no longer suffice. Young voters prioritise immediate, tangible results over historical narratives. They demand leaders who not only promise change but demonstrate the ability to deliver it. The PNM must shift its messaging to focus on its vision for the future rather than its storied past. Addressing youth concerns is critical to this transformation. High unemployment, limited access to education, mental health challenges, and climate change are just a few pressing issues. Young people want comprehensive policies backed by actionable plans. The PNM must articulate a clear agenda to tackle these challenges and actively involve youth in policy-making. Initiatives such as town halls, digital consultations and youth advisory boards can foster collaboration and a sense of ownership. Digital engagement will also play a pivotal role in the 2025 election. Youth increasingly turn to social media for information, discussion and mobilisation. The PNM must enhance its digital strategy by creating engaging, informative and interactive content on platforms like Instagram, X and TikTok. Effective use of these tools will help the party connect with young voters and present itself as a forward-thinking organisation. The PNM must also embrace the symbolic power of representation. Young voters want to see themselves reflected in the country’s leadership. Elevating dynamic, younger candidates signals a commitment to generational renewal. This approach does not require sidelining experienced leaders but balancing continuity with progress. A leadership team that reflects diversity and innovation will show that the PNM values the contributions of all age groups. Engaging youth is about more than securing votes; it is about shaping a sustainable political future. The PNM should invest in long-term initiatives that empower young people beyond the election cycle. Programmes supporting entrepreneurship, skills training, and meaningful employment will resonate deeply. Reforms in education and digital infrastructure can also solidify the party’s image as a progressive force. While the youth vote is crucial, the PNM cannot alienate its traditional base. Bridging generational divides requires crafting a platform that meets the needs of all citizens while emphasising interconnections between age groups. Policies improving education and employment for youth, for example, benefit entire communities. Framing its agenda holistically will help the PNM foster unity across a diverse electorate. The 2025 election is not just a test of the PNM’s ability to win; it is a test of its capacity to adapt. The political landscape is evolving, and the party must evolve with it. This involves embracing new ideas, engaging in difficult conversations, and demonstrating the courage to innovate. The electorate, especially the youth, is watching closely. They want a party that hears their voices and values their contributions. For the PNM, this is a moment to lead by example and prove it is a party of both the present and the future. As the campaign intensifies, the PNM’s actions must speak louder than its words. It must show a genuine commitment to inclusivity, transparency and progress. Doing so will inspire confidence among young voters while reaffirming its relevance to older generations. Paul Sarran political science student, The UWI
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The world approved a bitterly negotiated climate deal Sunday committing wealthy historic polluters to $300 billion annually for poor and vulnerable nations that had demanded far more to confront the crisis of global warming. After two exhaustive weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours beneath a sports stadium roof in Azerbaijan. Nations had struggled to reconcile long-standing divisions over climate finance. Sleep-deprived diplomats, huddled in anxious groups, were still revising the final phrasing on the plenary floor before the deal passed. At points, the talks appeared on the brink of collapse, with developing nations storming out of meetings and threatening to walk away should rich nations not cough up more cash. In the end -- despite repeating that no deal is better than a bad deal -- they did not stand in the way of an agreement, despite it falling well short of what they want. The final deal commits developed nations to pay at least $300 billion a year by 2035 to help developed countries green their economies and prepare for worse disasters. That is up from $100 billion now provided by wealthy nations under a commitment set to expire -- and from the $250 billion proposed in a draft Friday. That offer was slammed as offensively low by developing countries, which have demanded at least $500 billion to build resilience against climate change and cut emissions. A number of countries have accused Azerbaijan, an authoritarian oil and gas exporter, of lacking the experience and will to meet the moment, as the planet again sets temperature records and faces rising deadly disasters. Wealthy countries and small island nations have also been concerned by efforts led by Saudi Arabia to water down calls from last year's summit to phase out fossil fuels. The United States and EU have wanted newly wealthy emerging economies like China -- the world's largest emitter -- to chip in. The final draft encouraged developing countries to make contributions on a voluntary basis, reflecting no change for China which already pays climate finance on its own terms. Wealthy nations said it was politically unrealistic to expect more in direct government funding. Donald Trump, a sceptic of both climate change and foreign assistance, returns to the White House in January and a number of other Western countries have seen right-wing backlashes against the green agenda. The deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. bur-np-sct/lth/jj
President-elect Donald Trump has nominated controversial radio commentator Sebastian Gorka to a spot in his second administration, around six years after Gorka was forced out of Trump’s first administration over his far-right views. Gorka will serve as deputy assistant to the president and senior director for counterterrorism, Trump said in a Friday statement . Trump touted him as “a legal immigrant to the United States, with more than 30 years of National Security experience.” Gorka was born in London to Hungarian parents, and spent years in Hungary working at the country’s defense ministry before moving to the United States, where he has instructed U.S. Marines on counterterrorism topics. He gained notoriety in the first Trump administration for comments describing Islam as not a religion but a violent ideology , and for dismissing the threat of white nationalism in the United States, arguing instead that Islamist extremists were the country’s biggest threat. Gorka’s alleged ties to the Nazi-aligned Hungarian political group Vitézi Rend, whose insignia he wore at Trump’s first inaugural ball , also raised alarm bells in the first Trump White House. The original Vitézi Rend collaborated with Nazis during World War II, and reformed after the fall of Hungary’s communist government in 1989. The Forward, a Jewish publication, reported in March 2017 that Gorka was a sworn member of the hate group. Gorka has said that the medals he wore belonged to his father, who was supposedly given them as “a declaration for his resistance to [Communist] dictatorship,” as Gorka told Breitbart. Don't let this be the end of the free press. The free press is under attack — and America's future hangs in the balance. As other newsrooms bow to political pressure, HuffPost is not backing down. Would you help us keep our news free for all? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. In response to the Forward allegation, Rep. Jerry Nadler wrote to Trump asking him to determine whether Gorka was indeed a member of Vitézi Rend, and whether he had omitted any such link in his paperwork to become a naturalized American citizen. Gorka left the White House five months later. Then-White House Chief of Staff John Kelly — who has since warned that Trump would rule like a dictator if given a second term — reportedly revoked Gorka’s security clearance , making it impossible for Gorka to do his job. Gorka’s wife, Katharine Gorka, continued on in her post in the first Trump White House past her husband’s tenure, reportedly helping to end funding for a group that fights white supremacy in the lead-up to the deadly 2017 Charlottesville rally. Former Trump-era national security adviser John Bolton slammed Gorka as a “con man” during an appearance on CNN Friday night. Related From Our PartnerBOZEMAN, Mont. (AP) — Marcus Adams Jr. had 21 points in CSU Northridge's 72-69 overtime win against Montana State on Saturday night. Patrick McMahon split a pair of free throws to pull Montana State to 70-69 with 18 seconds left in overtime. Jordan Brinson made two free throws on the ensuing possession for the Matadors before Brian Goracke missed a 3-point attempt for the Bobcats to end it. McMahon also split a pair of free throws with two seconds left in regulation to tie it 64-all. Scotty Washington missed a 3 for the Matadors to force overtime. Adams also grabbed seven rebounds for the Matadors (6-2). Keonte Jones added 11 points, 11 rebounds, six assists, and four blocks. Washington finished with nine points. Agbonkpolo led the Bobcats (3-5) with 21 points, seven rebounds and two steals. Tyler Patterson added 12 points for Montana State. Brandon Walker also had 11 points and five assists. ___ The Associated Press created this story using technology provided by and data from . The Associated Press
Pepe’s recent surge in popularity has left investors questioning its staying power, especially as Lightchain AI (LCAI) emerges as a serious contender in the crypto market. With its presale priced at an accessible $0.003, Lightchain AI offers more than hype—it’s built on advanced AI technology and a robust blockchain framework. Unlike fleeting trends, LCAI’s focus on innovation and practical utility positions it as a top choice for those seeking long-term growth in the evolving digital landscape. Pepe Hype or lasting trend? Pepe's buzz has caught a lot of eyes, but doubts stay about if it's a short fad or a lasting power in the crypto space. Although its funny image͏-fueled growth has caught attention, the missing solid use could hold back its chance for lasting success. People putting money in are more and more searching past quick thrills, wanting coins that mix new ideas with real-life uses. This change has put Lightchain AI (LCAI) in the limelight. 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Lightchain AI's Promise The Potential of Advanced AI Technology in the Crypto Market Lightchain AI is shaking up the crypto world by blending advanced artificial intelligence with blockchain technology. With its smart features, it’s giving developers the tools to create scalable, intelligent apps that solve real-world problems. This innovative approach makes it stand out from traditional blockchain platforms, paving the way for exciting possibilities. With a focus on innovation, Lightchain AI solves critical issues like data management and system efficiency. Its groundbreaking approach not only enhances the blockchain ecosystem but also positions the platform as a transformative force in shaping the future of decentralized technologies. Investing in Lightchain AI vs Pepe Investing in Lightchain AI offers a distinct edge over meme tokens like Pepe due to its focus on innovation and real-world utility. 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With a focus on real-world utility and a clear roadmap, Lightchain AI aims to redefine the future of decentralized AI applications. The presale phase allows investors to secure their stake in a project designed for long-term growth. For those seeking to be part of this groundbreaking journey, now is the time to explore LCAI and its potential to transform the crypto landscape. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.( MENAFN - Live Mint) WASHINGTON - The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been“inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia ability to access U.S.-made chips after Russia's invasion of Ukraine nearly three years ago. The agency's Bureau of industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules. But the push for bolstering Commerce's export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government. President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new“Department of Government Efficiency” to dismantle parts of the federal government. The Trump transition team did not immediately respond to a request for comment on the report. BIS's budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation. “While BIS' budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard U.S. national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report. Andrews added that with“necessary resources from Congress” the agency would be "better equipped to address the challenges that come with our evolving national security environment.” In a letter to Commerce Secretary Gina Raimondo on Wednesday, Democratic Sen. Richard Blumenthal of Connecticut, chair of the subcommittee, pointed to news reports of the Russian military continuing to acquire components from Texas Instruments through front companies in Hong Kong to illustrate how the export controls are failing as an effective tool. Texas Instruments did not immediately respond to a request for comment. “While Congress must provide BIS more resources to undertake its critical mission, it is long past time for BIS to make full use of the enforcement powers Congress has conferred upon it and take aggressive steps to cut the flow of U.S. semiconductors into the Russian war machine,” Blumenthal wrote. Blumenthal in a separate statement added that he was calling on "Commerce to take immediate action and crack down on the companies allowing U.S.-made semiconductors to power Russian weapons and Chinese ambition.” It's not just Texas Instruments that's the issue. The subcommittee in September published a report that found aggregated exports from four major U.S. advanced chip manufacturers nearly doubled from 2021 to 2022 to Armenia and Georgia. Both of those countries are home to front companies known to assist Russia in acquiring advanced chips made in the U.S. despite export controls. China, meanwhile, has created“vast, barely disguised smuggling networks which enable it to continue to harness U.S. technology,” the subcommittee report asserts. Washington has been gradually expanding the number of companies affected by such export controls in China, as President Joe Biden's administration has encouraged an expansion of investments in and manufacturing of chips in the U.S. But Chinese companies have found ways to evade export controls in part because of a lack of China subject matter experts and Chinese speakers assigned to Commerce's export control enforcement. The agency's current budget limits the number of international end-use checks, or physical verification overseas of distributors or companies receiving American-made chips that are the supposed end users of products. Currently, Commerce has only 11 export control officers spread around the globe to conduct such checks. The committee made several recommendations in its report, including Congress allocating more money for hiring additional personnel to enforce export controls, imposing larger fines on companies that violate controls and requiring periodic reviews of advanced chip companies' export control plans by outside entities. Boak reported from West Palm Beach, Florida. MENAFN18122024007365015876ID1109009431 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month — an unorthodox move that would fold U.S. allies and adversaries into a very American political tradition. Trump said Thursday during an appearance at the New York Stock Exchange , where he was ringing the opening bell to kick off trading for the day, that he’s been “thinking about inviting certain people to the inauguration” without referring to any specific individuals. “And some people said, ‘Wow, that’s a little risky, isn’t it?’” Trump said. “And I said, ‘Maybe it is. We’ll see. We’ll see what happens.’ But we like to take little chances.” His comments came soon after his incoming White House press secretary, Karoline Leavitt, confirmed during a Thursday morning appearance on “Fox & Friends” that Trump had invited Xi and other world leaders to attend his inauguration. No head of state has previously made an official visit to the U.S. for the inauguration, according to State Department historical records. The unprecedented invitations come at a moment when much of the world is bracing for what comes next when Trump and his “America First” worldview return to the White House. The president-elect has vowed to levy massive tariffs against the United States' chief economic competitor, China, as well as neighbors Canada and Mexico unless those countries do more to reduce illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Trump's also pledged to move quickly to end Russia's nearly three-year war in Ukraine and press NATO allies who are spending less than 2% of their GDP on defense to step up or risk the United States not coming to their defense, as required by the transatlantic alliance's treaty, should they come under attack. “We’ve been talking and discussing with President Xi some things, and others, other world leaders, and I think we’re going to do very well all around,” Trump said. “We’ve been abused as a country. We’ve been badly abused from an economic standpoint, I think, and even militarily, you know, we put up all the money, they put up nothing, and then they abuse us on the economy. And we just can’t let that happen.” Xi is likely to see the invitation as too risky to accept, and the gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White House changes hands, experts say. Danny Russel, vice president for international security and diplomacy at the Asia Society Policy Institute, said Xi would not allow himself to “be reduced to the status of a mere guest celebrating the triumph of a foreign leader — the U.S. president, no less.” Still, Leavitt saw it as a plus. “This is an example of President Trump creating an open dialogue with leaders of countries that are not just our allies, but our adversaries and our competitors, too,” she said on "Fox & Friends." “We saw this in his first term. He got a lot of criticism for it, but it led to peace around this world. He is willing to talk to anyone, and he will always put America’s interest first.” Asked at a Chinese Foreign Ministry briefing Thursday about Trump's invitation, spokesperson Mao Ning responded, “I have nothing to share at present.” Leavitt did not detail which leaders beyond Xi have been invited. But Trump's decision to invite Xi, in particular, squares with his belief that foreign policy — much like a business negotiation — should be carried out with carrots and sticks to get the United States' opponents to operate closer to his administration's preferred terms. Jim Bendat, a historian and author of “Democracy’s Big Day: The Inauguration of Our President,” said he was not aware of a previous U.S. inauguration attended by a foreign head of state. “It's not necessarily a bad thing to invite foreign leaders to attend,” Bendat said. “But it sure would make more sense to invite an ally before an adversary.” Edward Frantz, a presidential historian at the University of Indianapolis, said the invitation helps Trump burnish his “dealmaker and savvy businessman” brand. “I could see why he might like the optics," Frantz said. “But from the standpoint of American values, it seems shockingly cavalier." White House officials said it was up to Trump to decide whom he invites to the inauguration. “I would just say, without doubt, it's the single most consequential bilateral relationship that the United States has in the world,” White House national security spokesperson John Kirby said. “It is a relationship both fraught with peril and responsibility.” It's unclear which leaders, if any, might show. A top aide to Hungarian President Viktor Orban, one of Trump's most vocal supporters on the world stage, said Thursday that Orban isn't slated to attend the inauguration. “There is no such plan, at least for the time being," said Gergely Gulyás, Orban's chief of staff. The nationalist Hungarian leader is embraced by Trump but has faced isolation in Europe as he's sought to undermine the European Union's support for Ukraine, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion. Orban recently met with Trump at Mar-a-Lago. Every country's chief of mission to the United States will also be invited, according to a Trump Inaugural Committee official who was not authorized to comment publicly and spoke on condition of anonymity. Such invitations to diplomats stationed in Washington has been customary during past inaugurations. Xi, during a meeting with President Joe Biden last month in Peru, urged the United States not to start a trade war. “Make the wise choice,” Xi cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Canadian Prime Minister Justin Trudeau has also pushed back on Trump's threats, warning that such tariffs would be perilous for the U.S. economy as well. Trudeau earlier this week said Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive” and said he will retaliate if Trump goes ahead with them. Trump responded by calling Canada a state and Trudeau the governor. In addition to the tariff dispute, U.S.-China relations are strained over other issues, including what U.S. officials see as Beijing's indirect support of Russia's war on Ukraine. The Biden administration says China has supported Russia with a surge in sales of dual-use components that help keep its military industrial base afloat. U.S. officials also have expressed frustration with Beijing for not doing more to rein in North Korea's support for the Russian war. China accounts for the vast majority of North Korea’s trade. North Korean leader Kim Jong Un has dispatched thousands of troops to Russia to help repel Ukrainian forces from the Kursk border region. The North Koreans also have provided Russia with artillery and other munitions, according to U.S. and South Korean intelligence officials. Trump’s Jan. 20 inauguration is set to take place a day after the U.S. deadline for ByteDance, the Chinese parent company of social media giant TikTok, to sell the social media app or face a ban in the United States. Associated Press writers Didi Tang in Washington and Balint Domotor in Budapest, Hungary, contributed to this report.
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Green Courte Partners Acquires Active-Adult Community Located in Atlanta, Georgia, MSA
KILLINGTON, Vt. (AP) — American skier Mikaela Shiffrin said she suffered an abrasion on her left hip and that something “stabbed” her when she crashed during her second run of a World Cup giant slalom race Saturday, doing a flip and sliding into the protective fencing. Shiffrin stayed down on the edge of the course for quite some time as the ski patrol attended to her. She was taken off the hill on a sled and waved to the cheering crowd before going to a clinic for evaluation. “Not really too much cause for concern at this point, I just can’t move,” she said later in a video posted on social media . “I have a pretty good abrasion and something stabbed me. ... I’m so sorry to scare everybody. It looks like all scans so far are clear.” She plans to skip the slalom race Sunday, writing on Instagram she will be “cheering from the sideline.” The 29-year-old was leading after the first run of the GS and charging for her 100th World Cup win. She was within sight of the finish line, five gates onto Killington’s steep finish pitch, when she an outside edge. She hit a gate and did a somersault before sliding into another gate. The fencing slowed her momentum as she came to an abrupt stop. Reigning Olympic GS champion Sara Hector of Sweden won in a combined time of 1 minute, 53.08 seconds. Zrinka Ljutic of Croatia was second and Swiss racer Camille Rast took third. The Americans saw Paula Moltzan and Nina O’Brien finish fifth and sixth. “It’s just so sad, of course, to see Mikaela crash like that and skiing so well,” Hector said on the broadcast after her win. “It breaks my heart and everybody else here.” The crash was a surprise for everyone. Shiffrin rarely DNFs — ski racing parlance for “did not finish.” In 274 World Cup starts, she DNF'd only 18 times. The last time she DNF'd in GS was January 2018. Shiffrin also has not suffered any devastating injuries. In her 14-year career, she has rehabbed only two on-hill injuries: a torn medial collateral ligament and bone bruising in her right knee in December 2015 and a sprained MCL and tibiofibular ligament in her left knee after a downhill crash in January 2024. Neither knee injury required surgery, and both times, Shiffrin was back to racing within two months. Saturday was shaping up to be a banner day for Shiffrin, who skied flawlessly in the first run and held a 0.32-second lead as she chased after her 100th World Cup win. Shiffrin, who grew up in both New Hampshire and Colorado and sharpened her skills at nearby Burke Mountain Academy, has long been a fan favorite. Shiffrin is driven not so much by wins but by arcing the perfect run. She has shattered so many records along the way. She passed Lindsey Vonn’s women’s mark of 82 World Cup victories on Jan. 24, 2023, during a giant slalom in Kronplatz, Italy. That March, Shiffrin broke Swedish great Ingemar Stenmark’s Alpine mark for most World Cup wins when she captured her 87th career race. To date, she has earned five overall World Cup titles, two Olympic gold medals — along with a silver — and seven world championships. In other FIS Alpine World Cup news, the Tremblant World Cup — two women’s giant slaloms at Quebec’s Mont-Tremblant scheduled for next weekend — were canceled. Killington got 21 inches of snow on Thanksgiving Day, but Tremblant — five hours north of Killington — had to cancel its races because of a lack of snow. AP Sports Writer Pat Graham in Denver contributed to this report. More AP skiing: https://apnews.com/hub/alpine-skiing Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!Timberwolves didn’t turn to small ball to close last game, and those lineups don’t seem to be on the horizon
Andy Murray enters new chapter with Novak Djokovic as coach of long-time rivalWASHINGTON (AP) — The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia ability to access U.S.-made chips after Russia's invasion of Ukraine nearly three years ago. The agency's Bureau of Industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules. But the push for bolstering Commerce's export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government . President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new “Department of Government Efficiency” to dismantle parts of the federal government. The Trump transition team did not immediately respond to a request for comment on the report. BIS’s budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation. “While BIS’ budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard U.S. national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report. Andrews added that with “necessary resources from Congress” the agency would be "better equipped to address the challenges that come with our evolving national security environment.” In a letter to Commerce Secretary Gina Raimondo on Wednesday, Democratic Sen. Richard Blumenthal of Connecticut, chair of the subcommittee, pointed to news reports of the Russian military continuing to acquire components from Texas Instruments through front companies in Hong Kong to illustrate how the export controls are failing as an effective tool. Texas Instruments did not immediately respond to a request for comment. “While Congress must provide BIS more resources to undertake its critical mission, it is long past time for BIS to make full use of the enforcement powers Congress has conferred upon it and take aggressive steps to cut the flow of U.S. semiconductors into the Russian war machine,” Blumenthal wrote. Blumenthal in a separate statement added that he was calling on "Commerce to take immediate action and crack down on the companies allowing U.S.-made semiconductors to power Russian weapons and Chinese ambition.” It's not just Texas Instruments that's the issue. The subcommittee in September published a report that found aggregated exports from four major U.S. advanced chip manufacturers nearly doubled from 2021 to 2022 to Armenia and Georgia. Both of those countries are home to front companies known to assist Russia in acquiring advanced chips made in the U.S. despite export controls. China, meanwhile, has created “vast, barely disguised smuggling networks which enable it to continue to harness U.S. technology,” the subcommittee report asserts. Washington has been gradually expanding the number of companies affected by such export controls in China, as President Joe Biden’s administration has encouraged an expansion of investments in and manufacturing of chips in the U.S. But Chinese companies have found ways to evade export controls in part because of a lack of China subject matter experts and Chinese speakers assigned to Commerce's export control enforcement. The agency's current budget limits the number of international end-use checks, or physical verification overseas of distributors or companies receiving American-made chips that are the supposed end users of products. Currently, Commerce has only 11 export control officers spread around the globe to conduct such checks. The committee made several recommendations in its report, including Congress allocating more money for hiring additional personnel to enforce export controls, imposing larger fines on companies that violate controls and requiring periodic reviews of advanced chip companies’ export control plans by outside entities. ___ Boak reported from West Palm Beach, Florida. Aamer Madhani And Josh Boak, The Associated Press
Susan Dziubinski: I'm Susan Dziubinski with Morningstar. Morningstar recently published its updated list of the Best Companies to Own for 2025. What qualities must a company have to make the list? For starters, we're looking for companies that have significant competitive advantages that will allow them to thrive over decades. We're also looking for businesses that generate reliable cash flows. And we favor management teams that have made adept capital allocation decisions. Today we're looking at three of the new companies that joined the list for 2025. Before we dig in, a quick reminder that a great company isn't necessarily a great stock to buy right now. We think it's important that investors buy companies—even great ones—only when their stocks are trading below what they're actually worth. 3 of the Best Companies to Own in 2025 and Beyond 1 - Danaher DHR 2 - Paychex PAYX 3 - Equifax EFX The first of our best companies to own in 2025 and beyond is Danaher. Danaher focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries. Like all the names on our best companies list, Morningstar... Susan DziubinskiCreative Group Nominated for SITE 2025 Crystal Award for Most Creative Solution Deployed to Overcome AdversityFOOTBALL FAMILY WAITS ANXIOUSLY
