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Global Laparoscopic Instruments Market Poised for Tremendous Growth from 2024 to 2032 12-25-2024 03:15 PM CET | Health & Medicine Press release from: Cognate Insights Laparoscopic Instruments Market Latest Market Overview The global laparoscopic instruments market is set to reach USD 13.5 billion by 2024, with a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2024 to 2032. Laparoscopic instruments, also known as minimally invasive surgical instruments, are used in various surgical procedures that require small incisions, offering benefits such as reduced recovery time, minimized surgical scars, and reduced risk of infection. The increasing demand for minimally invasive surgeries, advancements in surgical technology, and rising awareness of the benefits of laparoscopic procedures are driving market growth. Moreover, the growing prevalence of chronic diseases, such as obesity, gastrointestinal disorders, and cancer, is boosting the demand for laparoscopic procedures globally. The Global Laparoscopic Instruments Market has experienced steady growth in recent years and is expected to continue expanding at a strong pace from 2024 to 2032. This analysis offers a comprehensive overview, providing valuable insights into key trends and developments within the Global Laparoscopic Instruments industry. These findings equip business leaders with the necessary knowledge to devise more effective strategies and enhance profitability. Furthermore, the report serves as a useful resource for new and emerging businesses, helping them make informed decisions as they navigate the market and seek growth opportunities. Major Players of Global Laparoscopic Instruments Market are: Medtronic: Headquarters - USA, Revenue - USD 31.7 billion (2023). Stryker Corporation: Headquarters - USA, Revenue - USD 19.9 billion (2023). Olympus Corporation: Headquarters - Japan, Revenue - USD 7.2 billion (2023). Karl Storz: Headquarters - Germany, Revenue - USD 1.8 billion (2023). CONMED Corporation: Headquarters - USA, Revenue - USD 1.2 billion (2023). Get Latest PDF Sample Report @ https://www.cognateinsights.com/request-sample/global-laparoscopic-instruments-market-research Our Report covers global as well as regional markets and provides an in-depth analysis of the overall growth prospects of the market. Global market trend analysis including historical data, estimates to 2024, and compound annual growth rate (CAGR) forecast to 2032 is given based on qualitative and quantitative analysis of the market segments involving economic and non-economic factors. Furthermore, it reveals the comprehensive competitive landscape of the global market, the current and future market prospects of the industry, and the growth opportunities and drivers as well as challenges and constraints in emerging and emerging markets. Global Global Laparoscopic Instruments Market Landscape and Future Pathways: North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea Speak to Our Analyst for A Discussion on The Above Findings, And Ask for A Discount on The Report @ https://www.cognateinsights.com/check-discount/global-laparoscopic-instruments-market-research Key drivers and challenges influencing the Global Laparoscopic Instruments market: Regional Analysis: The report involves examining the Global Laparoscopic Instruments market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets. 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For In-Depth Competitive Analysis - Purchase this Report now at @ https://www.cognateinsights.com/purchase-report/global-laparoscopic-instruments-market-research Contact Us: Cognate Insights Web: www.cognateinsights.com Email: info@cognateinsights.com Phone: +91 8424946476 About Us: We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy. This release was published on openPR.WASHINGTON — The House on Wednesday passed a $895 billion measure that authorizes a 1% increase in defense spending this fiscal year and would give a double-digit pay raise to about half of the enlisted service members in the military. The bill is traditionally strongly bipartisan, but some Democratic lawmakers opposed the inclusion of a ban on transgender medical treatments for children of military members if such treatment could result in sterilization. It passed by a vote of 281-140 and next moves to the Senate, where lawmakers sought a bigger boost in defense spending than the current measure allows. The Pentagon and the surrounding area is seen Jan. 26, 2020, from the air in Washington. Pablo Martinez Monsivais, Associated Press Lawmakers are touting the bill's 14.5% pay raise for junior enlisted service members and a 4.5% increase for others as key to improving the quality of life for those serving in the U.S. military. Those serving as junior enlisted personnel are in pay grades that generally track with their first enlistment term. Lawmakers said service member pay failed to remain competitive with the private sector, forcing many military families to rely on food banks and government assistance programs to put food on the table. The bill also provides significant new resources for child care and housing. "No service member should have to live in squalid conditions and no military family should have to rely on food stamps to feed their children, but that's exactly what many of our service members are experiencing, especially the junior enlisted," said Rep. Mike Rogers, R-Ala., chairman of the House Armed Services Committee. "This bill goes a long way to fixing that." The bill sets key Pentagon policy that lawmakers will attempt to fund through a follow-up appropriations bill. The overall spending tracks the numbers established in a 2023 agreement that then-Speaker Kevin McCarthy, R-Calif., reached with President Joe Biden to increase the nation's borrowing authority and avoid a federal default in exchange for spending restraints. Many senators had wanted to increase defense spending some $25 billion above what was called for in that agreement, but those efforts failed. Sen. Roger Wicker, R-Miss., who is expected to serve as the next chairman of the Senate Armed Services Committee, said the overall spending level was a "tremendous loss for our national defense," though he agreed with many provisions within the bill. "We need to make a generational investment to deter the Axis of Aggressors. I will not cease work with my congressional colleagues, the Trump administration, and others until we achieve it," Wicker said. Sen. Roger Wicker, R-Miss., speaks with reporters Nov. 21 on Capitol Hill in Washington. Mark Schiefelbein, Associated Press House Republicans don't want to go above the McCarthy-Biden agreement for defense spending and are looking to go way below it for many non-defense programs. They are also focused on cultural issues. The bill prohibits funding for teaching critical race theory in the military and prohibits TRICARE health plans from covering gender dysphoria treatment for children under 18 if that treatment could result in sterilization. Rep. Adam Smith of Washington state, the ranking Democratic member of the House Armed Services Committee, said minors dealing with gender dysphoria is a "very real problem." He said the treatments available, including puberty blockers and hormone therapy, have proven effective at helping young people dealing with suicidal thoughts, anxiety and depression. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts "These treatments changed their lives and in many cases saved their lives," Smith said. "And in this bill, we decided we're going to bar service members' children from having access to that." Smith said the number of minors in service member families receiving transgender medical care extends into the thousands. He could have supported a study asking medical experts to determine whether such treatments are too often used, but a ban on health insurance coverage went too far. He said Speaker Mike Johnson's office insisted on the ban and said the provision "taints an otherwise excellent piece of legislation." Rep. Chip Roy, R-Texas, called the ban a step in the right direction, saying, "I think these questions need to be pulled out of the debate of defense, so we can get back to the business of defending the United States of America without having to deal with social engineering debates." Smith said he agrees with Roy that lawmakers should be focused on the military and not on cultural conflicts, "and yet, here it is in this bill." Branden Marty, a Navy veteran who served for 13 years, said the loss of health coverage for transgender medical treatments could prompt some with valuable experience to leave the military, affecting national security because "we already struggle from a recruiting and retention standpoint." He also said the bill could regularly force service members into difficult choices financially. "It will be tough for a lot of them because of out-of-pocket expenses, especially enlisted members who we know already struggle with food insecurity," said Marty, the father of a transgender teenager. "They don't get paid very much, so they're going to be making a lot of choices on a day-to-day, tactical level." House Minority Leader Hakeem Jeffries, D-N.Y., responds to reporters Dec. 6 during his weekly news conference at the Capitol in Washington. J. Scott Applewhite, Associated Press Rep. Hakeem Jeffries, the House Democratic leader, said his team did not tell Democrats how to vote on the bill. "There's a lot of positive things in the National Defense Authorization Act that were negotiated in a bipartisan way, and there are some troubling provisions in a few areas as well," Jeffries said. Overall, 81 Democrats voted for the bill and 124 against it. On the Republican side, 200 voted for the bill and 16 against it. "It's disappointing to see 124 of my Democrat colleagues vote against our brave men and women in uniform over policies that have nothing to do with their intended mission," Johnson, R-La., said. The defense policy bill also looks to strengthen deterrence against China. It calls for investing $15.6 billion to build military capabilities in the Indo-Pacific region. The Biden administration requested about $10 billion. On Israel, the bill, among other things, includes an expansion of U.S. joint military exercises with Israel and a prohibition on the Pentagon citing casualty data from Hamas. The defense policy bill is one of the final measures that lawmakers view as a must-pass before making way for a new Congress in January. Rising threats from debt collectors against members of the U.S. armed forces are undermining national security, according to data from the Consumer Financial Protection Bureau (CFPB), a federal watchdog that protects consumer rights. To manage the impact of financial stress on individual performance, the Defense Department dedicates precious resources to improving financial literacy, so service members know the dangers of notorious no-credit-check loans. “The financial well-being of service members and their families is one of the Department’s top priorities,” said Andrew Cohen, the director of financial readiness in the Office of the Deputy Assistant Secretary of Defense at the Pentagon. But debt collectors are gaining ground. Last quarter, debt collection complaints by U.S. military service members increased 24% , and attempts to collect on “debts not owed” surged 40%. Complaints by service members against debt collectors for deceptive practices ballooned from 1,360 in the fourth quarter of 2023 to 1,833 in the first quarter of 2024. “There’s a connection between the financial readiness and the readiness of a service member to perform their duty,” said Jim Rice, Assistant Director, Office of Servicemember Affairs at the Consumer Financial Protection Bureau. Laws exist to protect the mission readiness of U.S. troops from being compromised by threats and intimidation, but debt collectors appear to be violating them at an alarming pace. “If they’re threatening to call your commander or get your security clearance revoked, that’s illegal,” says Deborah Olvera, financial readiness manager at Wounded Warriors Project, and a military spouse who’s been harassed herself by a collection agency that tried to extort money from her for a debt she didn’t owe. But after she requested the name of the original creditor, she never heard from them again. “The financial well-being of service members and their families is one of the Department’s top priorities.” —Andrew Cohen, Director of Financial Readiness at the Pentagon Under the Fair Debt Collection Practices Act, it’s illegal for debt collectors to threaten to contact your boss or have you arrested because it violates your financial privacy. The FDCPA also prohibits debt collectors from making false, deceptive, or misleading representations in connection with the collection of a debt, even for borrowers with bad credit scores. But according to the data, debt collectors are increasingly ignoring those rules. “Debt collection continues to be one of the top consumer complaint categories,” said a spokesperson at the Federal Trade Commission. The commission released a report earlier this year revealing that consumers were scammed $10 billion in 2023, a new benchmark for fraud losses. In his book Debt: The First 5,000 Years, David Graeber argues that debt often creates a relationship that can feel more oppressive than systems of hierarchy, like slavery or caste systems because it starts by presuming equality between the debtor and the creditor. When the debtor falls into arrears, that equality is then destroyed. This sense of betrayal and the subsequent imbalance of power leads to widespread resentment toward lenders. Jon Bilous Photo Credit: Olena Yakobchuk / Shutterstock The debt collector reportedly harassing military service members most was Resurgent Capital Services, a subsidiary of collection giant Sherman Financial Group. The company tacks on accrued interest and junk fees and tries to collect on debts purchased for pennies on the dollar from cable companies, hospitals, and credit card companies, among others. Sherman Financial Group is run by billionaire Benjamin Navarro, who has a reported net worth of $1.5 billion, according to Forbes. Sherman Financial also owns subprime lender Credit One Bank and LVNV Funding, which outsource collections to Resurgent Capital. According to CFPB data, the second worst offender is CL Holdings, the parent company of debt-buyer Jefferson Capital Systems. The company has also been named in numerous complaints to the Better Business Bureau for alleged violations of the FDCPA, such as failing to properly validate debts or update credit reports with accurate information. Under the leadership of CEO David Burton, Jefferson Capital Systems is a wholly-owned subsidiary of CompuCredit Corporation, which markets subprime credit cards under the names Aspire, Majestic, and others. The third most referenced debt collector is publicly traded Portfolio Recovery Associates [NASDAQ: PRAA], which was forced to pay $27 million in penalties for making false representations about debts, initiating lawsuits without proper documentation, and other violations. Portfolio Recovery Associates is run by CEO Vikram Atal. Fourth place for alleged worst offender goes to Encore Capital Group [NASDAQ ECPG], which was required to pay $42 million in consumer refunds and a $10 million penalty for violating the Fair Debt Collection Practices Act. Encore collects under its subsidiary Midland Credit Management Group. These debt collectors all operate under a veritable shell game of company and brand names, almost none of which are disclosed on their websites, sending consumers on a wild goose chase to try and figure out how they’re related to each other. But despite their attempts to hide their tracks behind a smoke screen of subsidiaries, a leopard can’t change its spots, and the CFPB complaint database makes it harder for them to try. Olena Yakobchuk Photo Credit: Bumble Dee / Shutterstock Although widely considered a consumer-friendly state, complaints spiked most in California, which saw a 188% increase in complaints filed from the fourth quarter of 2023 to the first quarter of 2024. California is home to 157,367 military personnel, making it the most populous state for active-duty service members. The second-largest increase in debt collection complaints was in Texas, which saw a 66% jump from the fourth quarter of 2023 to the first quarter of 2024. The U.S. Department of Defense reports 111,005 service members stationed in the Lone Star State, which is the third-most populous state for active-duty military. The rising trends do not correlate to the number of military personnel by state. Complaints against debt collectors in Virginia, the second most populous state with 126,145 active duty personnel, decreased by 29% in the same quarter-over-quarter period. And complaints filed quarter-over-quarter in North Carolina, the fifth most populous state with 91,077 military personnel, decreased by 3% in the same period. The third largest percentage increase in debt collection complaints was from service members stationed in Maryland, where alleged harassment reports jumped 112% from the fourth quarter of 2023 to the first quarter of 2024. Maryland ranks number 12 with just 28,059 active duty service members. Fourth place goes to Ohio – the 28th most populous active-duty state – where complaints doubled, followed by Arizona – the 15th most populous military state – where complaints were up 70% in the same quarter-over-quarter period. Bumble Dee Photo Credit: PeopleImages.com - Yuri A / Shutterstock In 2007, Congress passed the Military Lending Act to cap the cost of credit to a 36% annual percentage rate, inclusive of junk fees and late charges, for active duty military service members. That rate is still considerably higher than average credit card rates, which range from 8% for borrowers with excellent credit scores to as high as 36% for borrowers with bad credit. But lenders still get hauled into court for violating the MLA. Don Hankey, the billionaire subprime auto lender who funded Donald Trump’s $175 million appeal bond , is among those violators. His company, Westlake Financial, which markets high-interest car loans for bad credit, has been sued twice by the Department of Justice for harassing military service members. In 2017, the DoJ alleged Hankey’s Westlake Financial illegally repossessed at least 70 vehicles owned by military service members. Westlake Financial paid $700,000 to settle the charges. In 2022, Westlake Financial paid $250,000 for allegedly cheating U.S. troops out of interest rates they were legally entitled to. Westlake Financial continues to receive complaints from military service members alleging abusive debt collection practices on its no-credit-check loans. A steady year-over-year increase in the number of complaints filed against Westlake Financial continued from 2020 to 2023. Consumer Financial Protection Bureau data shows a 13% increase in the number of complaints against the company from 2020 to 2021, a 28% increase from 2021 to 2022, and a torrential 119% surge from 2022 to 2023. The numbers suggest systemic complaint-handling processes and inadequate customer service resources. PeopleImages.com - Yuri A Photo Credit: Cynthia Shirk / Shutterstock On May 16, 2024, a deceptively named predatory lending industry front group dubbed the Community Financial Services Association of America (CFSA) lost a legal attempt to defund the Consumer Financial Protection Bureau. In an effort to deprive Americans of essential consumer protections, the lobby group argued that the Consumer Financial Protection Bureau’s funding structure was unconstitutional. But the Supreme Court denied its claim. In a 7-2 ruling, the Court held that the Consumer Financial Protection Bureau’s funding structure is indeed constitutional. That means the Consumer Financial Protection Bureau cannot be defunded, but it does not mean the agency cannot be defanged. The New York Times suggested that Hankey’s incentive to finance Trump’s $175 million bond could have been a reciprocity pledge to neuter the Consumer Financial Protection Bureau if Trump wins the upcoming U.S. presidential election. If Trump wins a second term, he could replace Consumer Financial Protection Bureau director Rohit Chopra, an American consumer advocate, with a predatory lending advocate. In 2020, the Trump Administration secured a Supreme Court ruling that made it easier for the president to fire the head of the Consumer Financial Protection Bureau. The ruling struck down previous restrictions on when a president can fire the bureau’s director. Like other federal agencies, the Consumer Financial Protection Bureau has also been confronted for overstepping its bounds, pushing too far, and acting unfairly against entities it regulates. Cynthia Shirk Photo Credit: Lux Blue / Shutterstock Seasonality and rising interest rates do not explain the increase in debt collection complaints from service members. The surge in complaints is not tied to predictable seasonal fluctuations or changes in interest rates. The increase in debt collection complaints by service members may point to underlying systemic issues, such as aggressive and predatory debt collection practices that exploit the unique financial vulnerabilities of service members, who face frequent relocations and deployments. Debt Complaints by Service Members From Q1 2021 to Q4 2022 Up 4% From Q4 2022 to Q1 2023 Up 6% From Q4 2023 to Q1 2024 Up 24% The 24% spike in debt collection complaints exhibits no correlation to fluctuations in interest rates. 30-Year Fixed Mortgage Rates From 3.08% in Q4 2021 to 3.82% in Q1 2022 From 6.66% in Q4 2022 to 6.37% in Q1 2023 From 7.30% in Q1 2023 to 6.75% in Q4 2024 Pandemic stimulus checks were also not a factor. COVID-19 relief benefit checks went through three major rounds during the pandemic. The final round of Economic Impact Payments went out in March 2021 . To better understand the rising trend of debt collection complaints, we calculated the increase in the total number of complaints and the percentage increase quarter-over-quarter. For example, New Jersey has the second largest percentage increase in complaints quarter-over-quarter, but the total number of complaints increased by just 16. Shutterstock The data for this study was sourced from the Consumer Financial Protection Bureau (CFPB) complaint database. The dataset specifically targeted complaints filed by U.S. military service members, identified using the tag “Servicemember” within Q4 2023 and Q1 2024. Readers can find the detailed research methodology underlying this news story in the accompanying section here . For complete results, see U.S. Troops Face Mounting Threats from Predatory Debt Collectors on BadCredit.org . Jon Bilous Homelessness reached record levels in 2023, as rents and home prices continued to rise in most of the U.S. One group was particularly impacted: people who have served in the U.S. military. "This time last year, we knew the nation was facing a deadly public health crisis," Jeff Olivet, executive director of the U.S. Interagency Council on Homelessness, said in a statement about the 2023 numbers. He said the latest homelessness estimates from the Department of Housing and Urban Development "confirms the depth of the crisis." At least 35,000 veterans were experiencing homelessness in 2023, according to HUD. While that's about half of what it was in 2009—when the organization began collecting data—things have plateaued in recent years despite active efforts to get that number to zero. Although they make up just 6.6% of the total homeless population, veterans are more likely to be at risk of homelessness than Americans overall. Of every 10,000 Americans, 20 were experiencing homelessness. Of veterans living in the United States, that number jumps to 22, HUD data shows. Complicated by bureaucracy, family dynamics, and prejudice, the path from serving in the military to homelessness is a long one. According to a 2022 study by Yale School of Medicine researchers, homelessness typically occurs within four years of leaving the military, as veterans must contend with the harsh reality of finding a job in a world where employers struggle to see how skills on the battlefield transfer to a corporate environment. These days, veterans also deal with historically high rent and home prices, which causes many to rely on family generosity while figuring out a game plan. Stacker examined academic studies, analyzed government data, and spoke with members of the Biden administration, experts, and former members of the armed forces to see the struggles members of the military face when leaving the armed forces. Photo illustration by Michael Flocker // Stacker // Canva The Department of Veterans Affairs offers transition assistance to the roughly 250,000 service members who leave each year. However, those programs can be burdensome and complex to navigate, especially for those who don't have a plan for post-military life. Only a small portion of veterans have jobs lined up when they leave, according to 2019 Pew Research. Many also choose to live with relatives until they get on their feet, which can be longer than anticipated. Some former service members are unsure what kind of career they'd like to pursue and may have to get further education or training, Carl Castro, director of the Military and Veteran Programs at the Suzanne Dworak-Peck School of Social Work at the University of Southern California, told Stacker. "It takes years for that kind of transition," Castro said. Many have trouble finding a job after leaving the service, even if they are qualified. Some employers carry misconceptions about those who have served. A 2020 analysis from the journal Human Resource Management Review found that some veterans face hiring discrimination due to negative stereotypes that lead hiring managers to write them off as a poor culture fit. Underemployment, or working low-wage jobs below their skill level, is also an issue. While the unemployment rate for veterans was 3% in March 2024, a study released by Penn State at the end of 2023 found three years after leaving the service, 61% of veterans said they were underemployed because of perceived skill mismatches . This phenomenon can have long-term economic effects, and eventually, that frustration can boil over, strain relationships, and potentially lead to housing instability. Working, especially a low-wage job, is not protection against homelessness. A 2021 study from the University of Chicago found half of people living in homeless shelters and 2 in 5 unsheltered people were employed, full or part-time. Stacker High rents make it difficult to save up, even when applying for a VA loan—a mortgage backed by the Department of Veterans Affairs that typically has more favorable terms. While the VA does not require a downpayment, some lenders, who ultimately provide the loan, do. They're not entirely risk-free either, and veterans can still lose their homes if they are unable to keep up with their mortgages. In November 2023, the VA put a six-month pause on foreclosures when an NPR investigation found thousands of veterans were in danger of losing their homes after a COVID forbearance program ended. Biden officials pointed to high rents and the end of COVID-era housing restrictions like eviction moratoriums to explain the spike in Americans experiencing homelessness. In the last year, homelessness rose 12%—to more than 650,000 people—the highest level since data began being collected in 2007. Overall, more than half of people experiencing homelessness in 2023 live in states with high living costs. Most were in California, followed by New York and Florida. Western states, including Montana and Utah, experienced massive population growth during the pandemic, becoming hubs for remote workers who drove home prices and rents even further. Stacker For veterans, housing costs certainly play a role, but those who leave the military also face systemic barriers. "It's worrying there are people that continue to fall through the cracks," said Jeanette Yih Harvie, a research associate at Syracuse University's D'Aniello Institute for Veterans and Military Families. Just under a quarter of adults experiencing homelessness have a severe mental illness , according to 2022 HUD survey data. They are also likely to have chronic illnesses but are unable to maintain preventative care, which only exacerbates these problems. Veterans facing homelessness are more likely to have experienced trauma , either before or after joining the military, according to Yale researchers who analyzed the 2019-2020 National Health and Resilience in Veterans Study. Childhood trauma was among the most significant commonalities among vets who become homeless. Substance use disorder is also widespread and can indicate an undiagnosed mental illness . Racial and ethnic disparities are at play, too. A 2023 study in the Journal of Psychiatric Research showed that Hispanic and Black veterans were more likely to screen positive for PTSD, and Hispanic veterans were more likely to report having suicidal ideation. Overall, access to mental health care has improved in the last decade or so. In December 2023, the VA announced it would open nine additional counseling centers. However, the stigma of getting help remains, especially after years of being conditioned to be self-reliant and pull oneself up by their bootstraps. That help, in the form of public policy, is slowly working to catch up to the need. In 2023, the Biden administration invested millions into research programs and studies on suicide prevention by the VA office in addition to a proposed $16 billion to improve quality and lower-cost mental health care services for veterans. And, in February of this year, HUD and the VA announced they would give up to $14 million in vouchers to public housing agencies for veterans experiencing homelessness. The program would also offer case management and other services. Still, with a culture that pushes people to keep going, it can be challenging for servicemembers to take advantage of these opportunities, Harvie said. "When you've been doing that for the last 15 or 20 years, it's difficult to stop and say, 'I'm the person that needs help.'" Story editing by Kelly Glass. Copy editing by Kristen Wegrzyn. Stacker

NATO chief discusses 'global security' with TrumpPresident-elect Trump's nomination of Brendan Carr as the next chairman of the Federal Communications Commission is bringing both hope and fear to the media industry. For media executives, the hope comes in the promise of industry consolidation. Companies such as Fox Television Stations, Nexstar Media Group, Tegna and Gray Media are eager to buy more TV stations to better compete against deep-pocketed tech firms that are aggressively pursuing viewers and ad dollars. Carr is expected to support revisiting the rule on ownership of TV stations. The trepidation comes from Carr's open criticism of broadcasters and tech firms on behalf of Trump, who is famously hostile to journalists and outlets that criticize him. Carr, a Republican nominated to the FCC during Trump's first term in 2017 and again by President Biden in 2023, wrote the chapter on the FCC in the conservative policy blueprint Project 2025. During the election, he jumped on social media when Vice President Kamala Harris appeared on the Nov. 2 episode of NBC's "Saturday Night Live" to point out that the network also owed an invitation to Trump under the FCC's equal time provision. NBC obliged, giving Trump time at the end of a NASCAR race and following "Sunday Night Football." (Carr also received a public note from NBC parent Comcast congratulating him on his nomination.) Carr got the industry's attention again on Tuesday when he told Fox News that his recommendation on the Paramount Global merger with Skydance Media would consider recent accusations from Trump's camp that CBS News edited its "60 Minutes" interview with Harris to make her sound more coherent. "That news distortion complaint over the CBS '60 Minutes' transcript is something that's likely to arise in the context of the FCC's review of that transaction," Carr said. A representative for CBS had no comment on Carr's remarks. Big media companies are bracing for the possibility that he will do Trump's bidding when the president-elect threatens retribution against media outlets that are unfriendly to him. While the FCC is an independent agency that is overseen by Congress, Trump has suggested he wants to bring it under tighter White House control. During the campaign, Trump called for the agency to pull the broadcast licenses held by ABC, NBC and CBS because he was unhappy with their coverage. Carr recently said on X that he will ensure the FCC "will enforce" laws that call on broadcasters "to operate in the public interest." One station executive, who was not authorized to comment publicly, said there is active exploration within Trump's orbit about how the new administration should respond to the president-elect's belief that the media treated him unfairly during the campaign. (Some journalists are taking Trump's threats seriously. MSNBC hosts Joe Scarborough and Mika Brzezinski — former Trump friends who became harsh critics of his presidency and behavior — visited the president-elect at Mar-a-Lago to reestablish a relationship with him.) But Jeffrey McCall, a media studies professor at DePauw University, thinks Carr's remarks are "saber rattling" and doubts that the nominee would use the commission's control over the public airwaves as a political weapon. "I have a hard time believing that you could hold up some sort of merger because of what '60 Minutes' did in one broadcast over one interview," McCall said. McCall said Carr is "savvy enough to know that he can say, 'I'll take it into consideration.' " But he doesn't see the commissioner punishing a company over an editorial decision. Broadcast executives are encouraged that Carr is calling for greater regulation of the tech industry, which he outlines in a chapter he wrote for Project 2025. Carr wants tech companies to be more transparent about their algorithm changes and their decisions to block or demonetize users. "We must dismantle the censorship cartel and restore free speech rights for everyday Americans," Carr wrote on X after Trump appointed him. The stations believe they are at a disadvantage in having to following regulations not imposed on their digital competitors. Station ownership rules also hamper broadcasters as they try to compete with tech firms that are coming after more TV viewers and advertising dollars. The current rule says companies can own broadcast TV stations that reach no more than 39% of U.S. homes. The limit was set in 2004, years before streaming video started eating away at traditional TV's audience share. Media executives see this limit as antiquated in an age in which many consumers are fleeing traditional television for streaming. ©2024 Los Angeles Times. Visit at latimes.com . Distributed by Tribune Content Agency, LLC.

AP News Summary at 3:01 p.m. EST

NoneHouse approves $895B defense bill with military pay raise, ban on transgender care for minors

WELLINGTON, New Zealand (AP) — A ban on New Zealanders wearing or displaying symbols of gang affiliation in public took effect on Thursday, with police officers making their first arrest for a breach of the law three minutes later. The man was driving with gang insignia displayed on the dashboard of his car and was among more than a dozen people arrested or summoned to appear in court for exhibiting such symbols since the law took force, New Zealand’s police said Friday. The prohibition on displaying gang insignia anywhere outside private homes, including on clothing or in vehicles, is among a suite of new measures intended to bolster police powers to disrupt the groups. Wearing or displaying the insignia of 35 listed gangs will now prompt a fine of up to 5,000 New Zealand dollars ($2,940) or up to six months in jail. New Zealand’s center-right government, which pledged ahead of last October’s election to tackle gang crime, says the measures will reduce the membership of groups responsible for violence and drug offenses. But detractors say the law breaches civil liberties and could drive gang activities underground. "Gangs aren’t community groups. They’re not a Rotary club," Prime Minister Christopher Luxon wrote on social media Thursday. “They thrive on destroying the lives of other New Zealanders, whether that’s by peddling drugs or through brutal acts of violence that leave communities in fear.” Under the new law, officers can also disperse public gatherings of three or more members, bar some gang affiliates from associating with each other, and enter homes of those who keep breaking the law to search for banned items. Gang membership will now be considered by the courts when sentencing offenders. Police Minister Mark Mitchell told reporters Thursday that two people were arrested hours after the law took effect for wearing gang “patches,” which are large insignia often worn by gang members on the backs of leather jackets or vests. The government says the patches are intimidating because members are required to earn them through violent acts. The measures shift New Zealand's response to gangs closer to that of neighboring Australia, which also uses a law to suppress the public visibility of gangs, and away from jurisdictions like the U.S. and Britain, which use criminal law to respond to specific activities carried out by organized crime groups, according to a report published by Treasury officials in February. Facial tattoos that display gang insignia are exempt from the ban, as is the wearing of gang colors. The government was criticized by some for not including white supremacist groups in its list of 35 organizations targeted by the new law. That means displaying swastikas and making Nazi salutes remains legal in New Zealand -– unlike in Australia, which banned both in a law that took effect in January. There are nearly 9,400 people on a New Zealand police list of known gang members. New Zealand’s population is 5 million. Successive governments have vowed to tackle criminal gangs, which often are linked to poverty and other deprivation. The previous center-left government was decried by Luxon’s administration for working with gangs on social initiatives, including COVID-19 vaccination efforts, while the current government has been denounced for advancing policies that are likely to ensnare some of New Zealand’s most marginalized groups, including Indigenous Māori. Official reports say three-quarters of those on the national gang list are Māori, who make up less than 20% of New Zealanders, and that 80% to 90% of those in two of the most notorious gangs are former wards of the state. Luxon made a formal apology this month for the widespread abuse of children and vulnerable adults in state care over the past seven decades. 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!

NoneGun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say ALTOONA, Pa. (AP) — New York City’s police commissioner says the gun found on the suspect in the killing of UnitedHealthcare’s CEO matches shell casings found at the crime scene. Commissioner Jessica Tisch also said Wednesday that lab results matched suspect Luigi Mangione’s prints to a water bottle and a snack bar wrapper found near the scene of the killing. Police had said earlier that they believed the gunman bought the items at a nearby coffee shop while awaiting his target. Mangione is jailed in Pennsylvania on weapon and forgery charges, but he also has been charged in New York with murder in Brian Thompson's death. His lawyer has noted that Mangione is presumed innocent. Authorities are scrutinizing evidence and the suspect’s experiences with the health care industry. Arguments over whether Luigi Mangione is a 'hero' offer a glimpse into an unusual American moment Memes and online posts in support of 26-year-old Luigi Mangione, who's charged with killing UnitedHealthcare's CEO, have mushroomed online. Some cast Mangione as a hero. That's too far, says Pennsylvania Gov. Josh Shapiro, a rising Democrat who was almost the Democratic vice presidential nominee this year. CEO Brian Thompson's death touched off off these ripples. They offer a glimpse into how so many different aspects of 21st-century life can be surreally connected, from public violence to politics, from health care to humor, or attempts at it. FBI Director Wray says he intends to resign before Trump takes office in January WASHINGTON (AP) — FBI Director Christopher Wray says he plans to resign at the end of President Joe Biden’s term in January. The announcement Wednesday comes a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the position. His impending resignation will bring him three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations. Trump applauded the news Wednesday, saying it will end the weaponization of what he called the “Department of Injustice.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. The Trump and Biden teams insist they're working hand in glove on foreign crises WASHINGTON (AP) — President-elect Donald Trump doesn’t think much of Joe Biden’s foreign policy record. He frequently casts the outgoing Democratic president as a feckless leader who shredded American credibility around the world during his four-year term. But the Trump and Biden national security teams have come to an understanding that they have no choice but to work together as conflicts in Gaza, Syria and Ukraine have left a significant swath of the world on a knife’s edge. It’s fuzzy how much common ground Biden and Trump’s teams have found as they navigate crises that threaten to cause more global upheaval as Trump prepares to settle back into the White House. Syrians flock to morgues looking for loved ones who perished in Assad's prisons DAMASCUS (AP) — Many bodies have been found in Syrian detention centers and prisons since President Bashar al-Assad's government fell. Now Syrians around the world are circulating images of the corpses in hopes that they will see slain loved ones whose fate had been a mystery. At the morgue visited by The Associated Press on Wednesday in Damascus, families flocked to a wall where some of the pictures were pinned in a haunting gallery of the dead. Relatives desperately scanned the images for a recognizable face. Some of the prisoners died just weeks ago. Others perished months earlier. US warns Russia may be ready to use new lethal missile against Ukraine again in 'coming days' WASHINGTON (AP) — The Pentagon says Russia could launch its lethal new intermediate-range ballistic missile against Ukraine again soon. Pentagon spokeswoman Sabrina Singh cited a U.S. intelligence assessment in telling reporters on Wednesday that an attack could come “in the coming days.” She says the U.S. does not consider the Oreshnik missile a game changer on the battlefield. But that Russia is using the weapon to intimidate Ukraine as both sides wrestle for an advantage that will give them leverage in any negotiations to end the war. The Russian Defense Ministry also is warning it may retaliate against Kyiv for an attack on a military base in the Rostov region in southern Russia on Wednesday. Israeli strikes on Gaza kill at least 33 including children, Palestinian medics say DEIR AL-BALAH, Gaza Strip (AP) — Palestinian medical officials say Israeli strikes on the Gaza Strip have killed at least 33 people. One of the strikes hit a home where displaced people were sheltering in the isolated north, killing 19. A separate strike outside nearby Kamal Adwan Hospital killed a woman and her two children, and another strike in central Gaza killed at least seven people. Israel's military says it tries to avoid harming civilians and accuses militants of hiding among them, putting their lives in danger. Local health officials say Israel’s retaliatory offensive after the Hamas attack on Oct. 7, 2023 has killed over 44,000 Palestinians in Gaza. Hannah Kobayashi, missing Hawaii woman whose disappearance prompted a massive search, is found safe LOS ANGELES (AP) — Hannah Kobayashi has been found safe. That’s according to the Los Angeles Police Department. Kobayashi vanished last month in Los Angeles. The missing Hawaii woman's disappearance prompted a massive search and a missing persons investigation. It was not immediately clear where she was found, but police previously said she had voluntarily crossed the border into Mexico. The LAPD said Wednesday the department will wrap up its investigation. Kobayashi's family reported her missing to law enforcement on Nov. 11 after relatives received “strange and cryptic, just alarming” text messages. Kobayashi’s mother and sister said they are “grateful” she has been found safe. Saudi Arabia will host the 2034 World Cup. But when exactly? ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament. Key issues include during which part of the year to stage the tournament, where to play the games, whether alcohol will be allowed at all and how to protect workers rights in the massive construction projects required to host the World Cup.

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