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Flyers can't hold 3-0 lead, fall to Golden Knights in shootoutNEW YORK (AP) — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The index had been up as much as 1.1% in the morning. The Dow Jones Industrial Average rose 15 points, or less than 0.1%, following Wednesday’s drop of 1,123 points, while the Nasdaq composite slipped 0.1%. This week’s struggles have taken some of the enthusiasm out of the market, which critics had been warning was overly buoyant and would need everything to go correctly for it to justify its high prices. But indexes remain near their records , and the S&P 500 is still on track for one of its best years of the millennium with a gain of 23%. Traders are now expecting the Federal Reserve to deliver just one or maybe two cuts to interest rates next year, according to data from CME Group. Some are even betting on none. A month ago, the majority saw at least two cuts in 2025 as a safe bet. Wall Street loves lower interest rates because they give the economy a boost and goose prices for investments, but they can also provide fuel for inflation. Micron Technology was one of the heaviest weights on the S&P 500 Thursday. It fell 16.2% despite reporting stronger profit for the latest quarter than expected. The computer memory company’s revenue fell short of Wall Street’s forecasts, and CEO Sanjay Mehrotra said it expects demand from consumers to remain weaker in the near term. It gave a forecast for revenue in the current quarter that fell well short of what analysts were thinking. Lamb Weston, which makes French fries and other potato products, dropped 20.1% after falling short of analysts’ expectations for profit and revenue in the latest quarter. It also cut its financial targets for the fiscal year, saying demand for frozen potatoes is continuing to soften, particularly outside North America. The company replaced its chief executive. Such losses helped overshadow a 14.7% jump for Darden Restaurants, the company behind Olive Garden and other chains. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’. Accenture rose 7.1% after the professional services company likewise topped expectations for profit in the latest quarter. CEO Julie Sweet said it saw growth around the world, and the company raised its forecast for revenue this fiscal year. Amazon shares added 1.3%, even as workers at seven of its facilities went on strike Thursday in the middle of the online retail giant’s busiest time of the year. Amazon says it doesn’t expect an impact on its operations during what the workers’ union calls the largest strike against the company in U.S. history. In the bond market, yields were mixed a day after shooting higher on expectations that the Fed would deliver fewer cuts to rates in 2025. Reports on the U.S. economy came in mixed. Story continues below video One showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The economy has remained remarkably resilient even though the Fed held its main interest rate at a two-decade high for a while before beginning to cut them in September. A separate report showed fewer U.S. workers applied for unemployment benefits last week, an indication that the job market also remains solid. But a third report said manufacturing in the mid-Atlantic region is unexpectedly contracting again despite economists’ expectations for growth. The yield on the 10-year Treasury rose to 4.57% from 4.52% late Wednesday and from less than 4.20% earlier this month. But the two-year yield, which more closely tracks expectations for action by the Fed in the near term, eased back to 4.31% from 4.35%. The rise in longer-term yields has put pressure on the housing market by keeping mortgage rates higher. Homebuilder Lennar fell 5.2% after reporting weaker profit and revenue for the latest quarter than analysts expected. CEO Stuart Miller said that “the housing market that appeared to be improving as the Fed cut short-term interest rates, proved to be far more challenging as mortgage rates rose” through the quarter. “Even while demand remained strong, and the chronic supply shortage continued to drive the market, our results were driven by affordability limitations from higher interest rates,” he said. A report on Thursday may have offered some encouragement for the housing industry. It showed a pickup in sales of previously occupied homes. All told, the S&P 500 slipped 5.08 points to 5,867.08. The Dow Jones Industrial Average added 15.37 to 42,342.24, and the Nasdaq composite lost 19.92 to 19,372.77. In stock markets abroad, London’s FTSE 100 fell 1.1% after the Bank of England paused its cuts to rates and kept its main interest rate unchanged on Thursday. The move comes as inflation there moved further above the central bank’s 2% target rate, while the British economy is flatlining at best. The Bank of Japan also kept its benchmark interest rate unchanged, and Tokyo’s Nikkei 225 fell 0.7%. Indexes likewise sank across much of the rest of Asia and Europe. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

Stock market valuations are looking stretched as 2024 winds down, and it's got some market watchers on edge — but investors shouldn't fear, UBS says, as prices are justified and set to keep climbing. At 22.2x, the S&P 500's forward price-to-earnings ratio is far above its average of 16.8x over the last 30 years, and close to its 25.0x record high reached during the dot-com bubble in 1999. Strategists have warned that such mean stocks are due for a correction and are at risk of a painful decline in the event of even mild disruptions. Analysts at UBS, though, argued such elevated are justified—and will climb higher next year—in a note this week titled "22x and Beyond: The Case for Higher Valuations, or How to Worry Less and Love the Market." The strategists, led by Jonathan Golub, pointed first to the tech sector's growing dominance in the S&P 500. Around 30 years ago, before the rise of the internet and long before the smartphone, tech-related companies made up just 10% of the S&P 500's market cap. Now, they account for 40%. At the same time, tech firms have grown their top lines quicker and with higher margins, with sales growth surging almost 11% and margins up 24%, compared to 6% sales growth and 13% margin growth for non-tech stocks. "The result—not surprisingly—is an upward short in valuations for the market broadly," they said in a Monday note. Meanwhile, both tech and non-tech stocks have seen improved cash flows as they become less capital-intensive, the analysts said. The greater cash flows return more to shareholders, helping stocks naturally trade at higher price-to-earnings ratios, they added. They also pointed to lower discount rates, with the current 10-year Treasury yield 40 basis points above its long-term average, while credit spreads are 220 basis points lower. Together, that makes for a 20% decrease in the cost of capital versus the historical average, which helps to explain part of the reason for such high valuations, the analysts said. Lastly, they noted that valuations rise in non-recessionary periods, meaning valuations will likely continue their upward trend next year. "With current recession risks contained, multiples are most likely to drift higher in 2025," they said. The firm's analysis comes as S&P 500's has pushed the benchmark index up 28% in 2024, as tech stocks boom and the economy remains on solid footing. The stock rally saw a fresh catalyst last month with 's reelection, which has fueled hopes of sustained earnings growth as a result of less regulation and lower taxes. Read the original article onHigh school recruiting isn't the only way to build a winner in the transfer portal eraHigh school recruiting isn't the only way to build a winner in the transfer portal eraWhen the Nebraska football team gathered for its Thursday practice prior to the Wisconsin game, offensive coordinator Dana Holgorsen wanted to see a game-ready unit. Anything other than the best wasn’t good enough, and Holgorsen backed it up. The players who made mistakes, even committing false start penalties during that practice didn’t play on Saturday because of it, Nebraska head coach Matt Rhule said. Those who did their job got their chance, though, with Rhule identifying senior wide receiver Isiaha Garcia-Castaneda as one such beneficiary. So while Holgorsen’s playcalling was part of Nebraska’s 44-point outburst against the Badgers, his general approach is what Rhule appreciates most. “You hear Dana on the headset, the whole time he’s just talking about execution,” Rhule said. “... There’s a real focus on execution and when the guys execute the play calls. I think that was the message to the guys — if you execute and practice at a high level, you’re going to have an opportunity to play in the game.” Changes have been limited in Holgorsen’s short time as NU’s offensive coordinator, but he did make sure the Huskers scaled back the number of plays in their playbook. “We’re still doing a lot,” Rhule said, while crediting assistant coaches Glenn Thomas, Garret McGuire and Marcus Satterfield for their work in helping Holgorsen get accustomed to the team’s offensive setup. A “collaborative” gameplanning process that involves those coaches poring over game film and strategy together has led to results, but Rhule again emphasized that improvements from the players, not the coaches, is what has led to better results. When Nebraska was in rhythm on Saturday and stayed ahead of the chains, the Huskers were nearly impossible to slow down. When penalties, turnovers or miscues like snapping on the wrong count happened, though, the offense’s progress was halted. The clear difference? Execution. “It’s kind of a blend of everything we’ve been trying to say to them all year coming to life,” Rhule said of Nebraska’s 44-point performance. “I think the thing Dana’s done a great job is, he’s cut things down to a degree, but he’s demanding that they execute if they want to get on the field.” Nebraska also couldn’t have cut apart the Wisconsin defense without a reinvigorated showing from quarterback Dylan Raiola. Having thrown at least one interception in his previous five starts, Raiola finished the game turnover-free for the first time since September. The freshman also completed 28-of-38 passes for 293 yards and one touchdown, his biggest passing output other than a 297-yard performance against Illinois. Part of the reason for the turnaround was health-related following the back injury Raiola suffered against UCLA. Held out of practice over the bye, Raiola was “ginger” the whole game against USC according to Rhule but was more comfortable with moving around and sliding up in the pocket last Saturday. Getting the ball out quickly and accurately also helped Raiola’s timing within the offense. “He was just taking completions, taking what was there and not trying to do too much,” Rhule said of Raiola. “Playing as a freshman in the Big Ten is really, really hard; it requires tough people and I think Dylan’s been tough in that he’s gotten better every week.” Nebraska’s progress will be tested in a matchup against the nation’s No. 12 scoring defense, an Iowa unit that is allowing just 17.7 points per game. Another week with Holgorsen at the helm will help Nebraska with that challenge as the Huskers look to build on their recent offensive surge. “Just the rhythm of the way he does things means total sense to me,” Rhule said of Holgorsen. “... If I coach with Dana for one more week or if we coach together for the next 10 years, I’ll be a better coach as a result.” Get local news delivered to your inbox!

A majority of farmers voted for Donald Trump, even though the president-elect’s economic agenda is antithetical to the financial interests of American agriculture. Since the dawn of this century, the world has added 398 million acres of land for the production of food grains, feed grains and oil seeds. Much of that acreage has been in tropical regions. At the same time, population growth in China, a primary buyer of U.S. agricultural goods, has slowed, and its population is aging. Similar trends can be seen in other countries that have been traditional importers of U.S. goods. We also face major geopolitical events, such as the Ukraine-Russia war, and most resolutions of that war would likely adversely affect U.S. farmers. The world has changed. Competition among major producing nations has changed the ability of American agriculture to be a preferred and low-cost provider of grains to other nations. Against this backdrop, one must ponder the question of how an isolationist foreign policy and the use of heavy tariffs could possibly lead to anything other than serious adverse consequences for our U.S. agricultural sector. History teaches us lessons, and sadly we often forget them while drunk on the political cocktail of the moment. During the first Trump presidency, significant tariffs were imposed on China. This led to major negative impacts on U.S. farmers. What did the government do? The Trump administration created an ad hoc disaster relief program that paid billions to U.S. farmers. “Ad hoc” is just a shiny term for an administration not being able to get its act together to have a consistent and logical approach to setting policy. It is akin to government by chaos — going from one fire drill to another. Trump was elected based on many promises, one of which was to “drain the swamp.” There is a lot of chatter about reducing government outlays for all sorts of programs. Trump wants to put America “first.” Setting aside political differences, the reality is that America is not an island. It is an important part of the larger world. Withdrawal from engagement with other nations, whether in the context of trade or overall foreign relations, cannot lead to good consequences for America’s economic security, nor for our nation’s ability to play a strong role in maintaining a stable and peaceful world. My fellow farmers, it is time for a reality check. We face way more than a theoretical risk of losing a large share of the markets for our grains and livestock. Don’t count on that brown envelope from Uncle Sam in your mailbox to bail you out from hardship. From the extensive reading that I have done on the topic of the economic impact of Trump’s tariffs, no credible economist paints any picture other than one of significant detrimental consequences to our agricultural sector. The same is true for many other segments of the economy. America has to maintain a global perspective — rather than one that stops at our shores — to stay competitive and to remain in its role as a world leader. The proposed paths of Trump’s next presidency are antithetical to those roles.U.S. Sen. Jon Tester walks off stage after conceding the Montana senate race in front of family and staff in Great Falls, Mont. on Nov. 6. U.S. Jon Tester warned the chamber he may shed a fear tears on Monday during his farewell speech in the U.S. Senate, but it wouldn't be for sorrow; someone had just convinced the 68-year-old Montana farmer closing out his third term to play a little basketball a day earlier. Such silliness set the tone as Tester bid so long to the nation's capital, particularly in the send-off speeches from Democratic Senate buddy Cory Booker and the stately Republican Sen. Mitt Romney from Utah. Tester's re-election effort fell short last month in a high-stakes contest against Republican newcomer Tim Sheehy. Tester's races for the U.S. Senate have always been won on a tight margin. On Nov. 5, Sheehy beat Montana's senior senator by 8 percentage points, completing a GOP sweep of statewide offices here. Early on in his speech, Tester said with some conviction that it was time to move forward. That was the case when he moved on from his meat-cutting operation to become a state legislator, and again when he was elected to the U.S. Senate in 2006. In the time since, Tester has become one of the most consequential policymakers in the Senate on veterans’ issues, chairing the Veterans' Affairs Committee and the Senate Appropriations Defense Subcommittee. He raised mileage reimbursements approved for veterans traveling for health care services, bills working to better veterans health care and women’s health care with the Department of Veterans Affairs. He held especially high the Sergeant First Class Heath Robinson Honoring our Promise to Address Comprehensive Toxics Act of 2022 (PACT Act), which provided treatment for health issues from exposure to toxic burn pits and other substances like Agent Orange. "Veterans, veterans, veterans, they all got together and made this the highest priority," he said. "Some of you could remember the veterans being on the swamp in July, hotter than ... hot, and we got it passed because of their influence." Tester is credited for pulling lawmakers together to get the bill over the finish line in the Senate. Sen. Angus King, an Independent from Maine, made sure to not let the moment pass without the record reflecting it. "The PACT Act would not have happened without Jon Tester," he said. "That's just a fact." Tester spoke about his upbringing, his memories of immigrant grandparents and the influence of his parents on his fashion of public service. "So what did these ancestors instill in me? They instilled Montana values, like telling the truth, like your word is your bond, like your handshake means something and that you respect people and absolutely never, never sass your elders," he said. "But most importantly they taught me that hard work creates luck, and hard work is essential for success." Democratic Sen. Cory Booker of New Jersey, right, snaps a selfie with fellow Montana Sen. Jon Tester and a supporter on Saturday, March 18, 2017, in Helena, Montana, for the state party's annual dinner. (AP Photo/Bobby Caina Calvan) He thanked his wife, Sharla, who has been a familiar face with him in Washington, D.C., and on the recent campaign circuit. He was 21 and she was 19 when they took over his family's farm. "That meant every other day of the year, our workplace was across form one another with knives, very sharp knives in our hands. That taught us to choose our arguments carefully," he said. "In the end she always supported my public service endeavors even when she really didn't think it was a good idea." Tester said the Big Sandy School Board was the hardest job he ever had, and the Montana Legislature was the most fun. He spoke of many accomplishments, from infrastructure funding and community banking to supporting tech job growth in the U.S. and in Montana. But Tester said his greatest accomplishment was serving in the U.S. Senate "as a citizen legislator, having a real full-time job outside his body, in my case, as a farmer." "This is what our forefathers had in mind," he said. He urged the body to take up efforts to bolster the nation's military defense, climate change, consolidation of the agriculture industry, public education and more. Sen. Jon Tester, D-Mont., left, and Sen. Mitt Romney, R-Utah, leave the Senate chamber as the impeachment trial of former President Donald Trump adjourns until Saturday, in Washington, Friday, Feb. 12, 2021. (AP Photo/J. Scott Applewhite) He also compelled the Senate to take up campaign finance reform, calling it the source of division among the country and paralysis inside of Congress. Montana's Senate contest this year drew a record-setting flood of outside money, more than $315 million. Tester meanwhile raised and spent more than $87 million over the cycle, compared to Sheehy's campaign, which won out with almost $22 million raised. Booker, a Democratic senator from urban New Jersey, wrapped up a farcical "I don't like Jon Tester" speech by driving home some commonalities the two found while serving in Washington. And he praised Tester for running for a fourth term while well aware that Montana was trending further to the right, steadily shedding its purple status and cementing itself as a Trump state. "Jon didn't go quietly into the night," Booker said. "He chose, because of the love of his state, to run an election. ... It was a testimony to his character." Republicans chipped in their respects Monday, as well. Sen. Steve Daines, Montana's soon-to-be senior senator, thanked Tester in a statement for his 25 years of public service to the state, from school board to the U.S. Capitol. "I'm sure Jon has lost count of the number of very early cold and dark Montana mornings he left Big Sandy to get to Great Falls to catch his plane to D.C., but this is just one of the sacrifices folks don’t often see. Jon did that commute for 18 years," Daines said in the statement. "There was never any doubt that Jon worked hard every day to represent the people of the state we both love to call home. And while it’s no secret Jon and I didn’t see eye to eye on many issues, we worked together on a number of important Montana priorities and agree that the people we represent make coming to work here every day worth it. Jon, thank you for your decades of dedicated service to the Treasure State." Romney likewise applauded Tester Monday. When he believed President Joe Biden would falter on his own re-election bid, Romney said he approached Tester (and a small number of other Democrats) about running for president, despite disagreeing with him "on almost every issue." "I wanted Jon Tester to be the next president of the United States because he's a man of such extraordinary character," he said, then grinning: "He is as honest as his hair is short. And as strong as his physique is imposing." There were several fits of laughter on the Senate chamber floor over the hour spent on the goodbye, but Tester finished his own speech with some stern assessment. "This democracy has resulted in the greatest country that has ever existed. It is because of our forefathers' ability to compromise and think clearly about the challenges ahead," he said. "To say that I'm worried about this country's ability to maintain the strongest economy and the most powerful military in the world would be an understatement. However, I know a majority of people that serve in this U.S. Senate today are real legislators who want to do real legislating. To those senators, you need to make sure your voices are a majority of this body. If not, this country will change in a way that our children will not thank us for. God bless you all, and tally-ho." Supporters of Republican U.S. Senate candidate Tim Sheehy cheer in anticipation of his taking the stage during his watch party early Wednesday at the Kimpton Armory Hotel in Bozeman. U.S. Sen. Jon Tester concedes the Montana senate race in front of family and staff in Great Falls, Mont., on Nov. 6. Republican U.S. senate candidate Tim Sheehy addresses supporters early Nov. 6 at the Kimpton Armory Hotel in Bozeman. U.S. Sen. Jon Tester walks off stage after conceding the Montana senate race in front of family and staff in Great Falls, Mont. on Nov. 6. Republican U.S. Senate candidate Tim Sheehy addresses supporters early Wednesday morning at the Kimpton Armory Hotel in Bozeman. U.S. Sen. Jon Tester addresses supporters during his election night party in Great Falls on Tuesday. Republican candidate for U.S. Senate Tim Sheehy speaks at a campaign event in East Helena on Oct. 27. U.S. Sen. Jon Tester concedes the Montana senate race in front of family and staff in Great Falls, Mont. on Nov. 6. Tim Sheehy prepares to debate U.S. Sen. Jon Tester on campus at the University of Montana in Missoula on Sept. 30. U.S. Sen. Jon Tester addresses supporters during his election night party in Great Falls on Tuesday. Republican candidate for U.S. Senate Tim Sheehy addresses supporters at a primary election night party in Gallatin Gateway on June 4. U.S. Sen. Jon Tester addresses supporters during his election night party in Great Falls on Tuesday. Former president Donald Trump shakes hands with senatorial candidate Tim Sheehy during a rally at Brick Breeden Fieldhouse in Bozeman on Aug. 9. U.S. Sen. Jon Tester answers questions from members of the community related to Social Security and Medicare during an event at the Garden City Harvest Barn in Missoula on Tuesday. U.S. Senate candidate Tim Sheehy speaks at a rally in the Brick Breeden Fieldhouse in Bozeman on Friday. U.S. Sen. Jon Tester works on his speech before addressing his election night party in Great Falls on Tuesday. Campaign staffers and volunteers for U.S. Sen. Jon Tester walk in the Montana Pride parade in downtown Helena on Aug. 3. Republican candidate for U.S. Senate Tim Sheehy, talks with supporters outside the Donald Trump rally at the Brick Breeden Fieldhouse in Bozeman, Mont. on August 9, 2024. A demonstrator with Montanans for Palestine is forcibly removed after interrupting Sen. Jon Tester speaking at the Montana Democrats' annual Mansfield Metcalf Dinner on March 2. U.S. Sen. Jon Tester greets supporters in the crowd during the Montana Democratic Big Sky Victory Get Out the Vote Rally at the Pub Station Taproom in downtown Billings on Nov. 1. Republican candidate for U.S. Senate Tim Sheehy, talks with supporters outside the Donald Trump rally at the Brick Breeden Fieldhouse in Bozeman, Mont. on August 9, 2024. Republican candidate for U.S. Senate Tim Sheehy talks with a supporter at a primary election night party in Gallatin Gateway on Tuesday. Tim Sheehy, a Republican running against Democratic incumbent Jon Tester for U.S. Senate, speaks at the “Protecting Freedom” event at the University Center Ballroom at the University of Montana on Sunday. Sen. Jon Tester laughs at questions from the audience during an event with Tester, Pearl Jam bassist Jeff Ament and Hank Green at the Wilma on Wednesday. U.S. Sen. Jon Tester answers questions from members of the community related to Social Security and Medicare during an event at the Garden City Harvest Barn in Missoula on Tuesday. Senate candidate Tim Sheehy speaks to the audience at the Montana GOP 2024 Winter Kickoff event in Helena on Friday night. U.S. Senator Jon Tester at a campaign event in Helena on Oct. 25, 2024. Veteran Mike Lawson holds a "Veterans for Tester" sign while addressing the crowd prior to U.S. Sen. Jon Tester taking the stage during a campaign rally on Oct. 4 at the Carpenter's Union Hall in Butte. U.S. Sen. Jon Tester gestures while addressing the crowd during a campaign rally on Oct. 4 at the Carpenter's Union Hall in Butte. U.S. Sen. Jon Tester prepares to debate Tim Sheehy in the PAR/TV Building on campus at the University of Montana on Monday. U.S. Sen. Jon Tester speaks at the Montana Democrats' annual Mansfield Metcalf Dinner at the Lewis and Clark County Fairgrounds in Helena on March 2. Supporters of U.S. Sen. Jon Tester wave campaign signs as he takes the stage at the Montana Democrats' annual Mansfield Metcalf Dinner on March 2 in Helena. Senate candidate Republican Tim Sheehy appears with South Dakota Governor Kristi Noem, right, and Jodee Etchart of the Montana House of Representatives in the Beacon Air hangar at the Billings airport on Sunday. Seaborn Larson has worked for the Montana State News Bureau since 2020. His past work includes local crime and courts reporting at the Missoulian and Great Falls Tribune, and daily news reporting at the Daily Inter Lake in Kalispell. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter. State Bureau Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.

Tosiuo to serve 9 years for June car crash, illegal gun possession

BOSTON (AP) — A Massachusetts judge dismissed criminal charges Monday against a backer of Karen Read who admitted placing dozens of yellow rubber ducks and fake $100 bills around town in support of Read. Richard Schiffer Jr. had argued in Stoughton District Court that he had a First Amendment right to support the defense theory that Read — accused of ramming into her boyfriend John O’Keefe with her SUV and leaving the Boston police officer to die in a snowstorm — has been framed in the polarizing murder case. Schiffer’s attorney Timothy Bradl said Monday that the judge made the right call by quickly tossing the felony witness intimidation and criminal harassment charges against Schiffer. The ruling comes as another judge decided Monday to push back Read’s retrial to April after a mistrial was declared in July when jurors couldn’t reach an agreement. Read was facing second-degree murder charges and two other charges. Her attorneys have argued that other law enforcement officers were responsible for O’Keefe’s death. Regarding Schiffer’s charges, Bradl said, “There wasn’t a leg to stand on.” RELATED COVERAGE Highest court in Massachusetts hears arguments in Karen Read’s bid to dismiss murder charge A judge delays the wrongful death lawsuit against Karen Read until after her criminal trial Karen Read’s defense pushes to get charges dropped in her murder case “Hats off to the judge. He didn’t make everyone wait and ruled from the bench. Everything was completely protected by the First Amendment. This was political speech,” Bradl said. The Norfolk District Attorney’s office declined to comment. Schiffer has said he got the ducks idea after thinking about a defense lawyer’s closing argument that Read was framed . Alan Jackson told jurors that “if it walks like a duck and talks like a duck, it’s a duck.” Schiffer’s actions did not rise to the level of witness intimidation and criminal harassment “nor does his speech, or in this case his written word on fake currency and use of rubber toys, which are afforded the protections of the First Amendment,” Judge Brian Walsh wrote. “It is the view of this Court that the defendant’s conduct and speech, though a rather sophomoric expression of his opinion, is nonetheless protected speech,” he wrote. Walsh concluded the two-page ruling with quotes from Indiana poet James Whitcomb Riley, believed to have coined the “walks like a duck” phrase, and Robert McCloskey, author of the children’s book “Make Way For Ducklings.” The defense alleged that O’Keefe was actually killed inside the home of his fellow Boston officer Brian Albert and then dragged outside. They argued that investigators focused on Read because she was a “convenient outsider” who saved them from having to consider law enforcement officers as suspects. Schiffer has been among the dozens of Read supporters who accuse state and local law enforcement of a widespread cover-up. Their demonstrations have led to confrontations, especially in the town of Canton where the murder happened, between those who support Read and others who believe she is guilty. Schiffer, who owns Canton Fence and has said that he knows practically everyone in town through his contracting work, was accused of placing some of the ducks outside a pizza shop run by Brian Albert’s brother, Canton Selectman Chris Albert. Other ducks appeared in O’Keefe’s neighborhood.

Staggering Surge! AI and IoT Drive 2025 Semiconductor Boom. The global semiconductor sector is on the brink of extraordinary growth as we enter 2025, with emerging technologies like artificial intelligence and the Internet of Things propelling demand for cutting-edge semiconductor solutions. As investors hunt for lucrative opportunities in this evolving market, here is a concise view of the promising semiconductor stocks poised for gains. 2025: A Landmark Year for Semiconductor Growth Anticipated to reach a colossal $640 billion by 2025, the semiconductor market is surging by 10% over the previous year. The vigorous upswing is largely fueled by the booming AI chip segment, which is projected to expand by 35% annually, hitting a $120 billion valuation. The sector has adeptly overcome supply chain challenges, with production facilities in the U.S. and Europe operating efficiently, thanks to investments by giants like TSMC and Samsung. The impact of the CHIPS Act is becoming increasingly evident, injecting $39 billion into the domestic market. Spotlight on Leading Semiconductor Stocks Nvidia (NVDA) remains at the forefront, transforming its graphics legacy into AI and data center domination with their GPUs essential for AI training. Nvidia continues to see impressive revenue growth, fueled by substantial R&D investments and dominant market presence. Advanced Micro Devices (AMD) has strengthened its foothold with the MI300 AI accelerators and EPYC processors capturing the data center spotlight. AMD’s strategic expansions assure continued growth through innovative AI solutions. Broadcom (AVGO), following its VMware acquisition, emerges as a tech leader, leveraging AI infrastructure for networking and storage breakthroughs. With strong revenue trajectories and strategic AI investments, it offers both growth and income potential. Taiwan Semiconductor Manufacturing Company (TSM) upholds its status as a crucial chip manufacturer, bravely navigating geopolitical challenges and securing its 3nm technology’s place in market leadership. As the industry edges toward unprecedented advancement, these standout stocks offer appealing opportunities for savvy investors in 2025. The Semiconductor Industry’s Bright Future: Unveiling Growth, Innovations, and Market Leaders The semiconductor industry is set for a remarkable expansion driven by emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT). As we approach 2025, this sector is poised for substantial growth, with significant contributions from top semiconductor stocks and strategic developments paving the way. Growth Projections and Market Viability By 2025, the semiconductor market is expected to reach an impressive $640 billion, reflecting a 10% increase from the previous year. This growth is largely fueled by the AI chip segment, which is predicted to grow by an impressive 35% annually, reaching a $120 billion valuation. The swelling demand for more efficient and advanced chips is attributable to the expanded applications of AI and IoT across various industries. Overcoming Challenges with Innovation The semiconductor industry has adeptly surmounted previous supply chain issues, thanks to strategic investments and cooperation among global leaders. Companies like TSMC and Samsung have significantly bolstered their production capabilities in the United States and Europe. The influence of the CHIPS Act, with its $39 billion infusion into the domestic semiconductor market, is creating robust manufacturing infrastructures and innovation hubs. Key Players Driving Semiconductor Success – Nvidia (NVDA): Dominating the AI and data center sectors, Nvidia leverages its robust GPU portfolio to maintain a leading edge in AI training technologies. They continue to experience significant revenue acceleration driven by their strategic focus on research and development. – Advanced Micro Devices (AMD): AMD is making waves with its MI300 AI accelerators and EPYC processors, which are pivotal in the data center industry. With a strong presence in AI solutions, AMD’s growth trajectory is anchored by its commitment to cutting-edge technological advancements. – Broadcom (AVGO): Bolstered by its acquisition of VMware, Broadcom stands as a leader in leveraging AI for networking and storage solutions. With a strong focus on strategic investments in AI infrastructure, Broadcom offers both growth and income potential for its investors. – Taiwan Semiconductor Manufacturing Company (TSM): As a critical player in chip manufacturing, TSM continues to lead with its 3nm technology. Despite geopolitical challenges, TSM’s innovations in semiconductor manufacturing solidify its market leadership. Market Insights and Strategic Considerations Investors with an eye towards the future will find the semiconductor industry to be a fertile ground for opportunity. The demand for semiconductors, driven by AI and IoT advancements, is likely to continue, suggesting a vibrant future for key players in this space. The industry’s response to supply chain disruptions demonstrates resilience and adaptability, reinforcing the sector’s appeal for long-term investment. For further information, explore these URLs: – Nvidia – AMD – Broadcom – Taiwan Semiconductor Manufacturing Company The semiconductor sector’s strong position is underscored by its commitment to innovation, sustainable growth, and its ability to navigate complex challenges, establishing it as a promising arena for future investment.Who is Luigi Mangione, arrested in connection with shooting of UnitedHealthcare CEO Brian Thompson?

NoneMohd Radzuan delivers his welcoming address. KUALA LUMPUR (Dec 4): The Malaysian Takaful Association (MTA) on Monday hosted the Takaful Leaders and Agents Summit (TLAS) 2024 at the Movenpick Hotel and Convention Centre in Sepang. This landmark event brought together approximately 500 participants, including agency leaders, takaful agents, and representatives from member companies. With the theme ‘Dare to Lead’, the summit provided a platform to celebrate leadership, inspire innovation, and foster professionalism within Malaysia’s Takaful industry marking its 40th anniversary this year. “The Takaful industry contributed approximately 4.5 per cent to Malaysia’s GDP in 2023, with a market share reaching 32 per cent of the overall insurance and Takaful sector in Malaysia,” said MTA chairman Elmie Aman Najas, emphasising the crucial role Takaful agents play in driving the industry forward. He emphasised how the agents play a pivotal role in driving sustainable business quality and raising awareness about financial protection, particularly through Family Takaful, which accounts for 42 per cent of new business premiums. TLAS 2024 was also a platform for strengthening industry partnerships with the signing of two key memorandums of understanding (MoU) with Universiti Sultan Azlan Shah (USAS) to enhance education and knowledge-sharing initiatives within the Takaful sector. A second MoU between MTA and Perfect 10 focuses on developing e-educational modules and tools to empower agents with enhanced service capabilities, improving customer experience. The summit featured breakout sessions dedicated to Family Takaful and General Takaful, offering participants tailored insights into navigating the evolving industry landscape. MTA chief executive officer Mohd Radzuan Mohamed in his welcoming speech lauded the contributions of Takaful agents, calling them the backbone of the industry. “Being an agent is not just a career; it is a noble role. Agents bring ease and relief to individuals, families, and businesses during times of hardship, illness, or misfortune. This social impact drives us all to remain committed to this meaningful industry,” he said. He highlighted the summit’s importance in motivating leaders and agents in their mission to promote the value of Takaful protection within the community. With over 120,000 Takaful agents driving outreach and growth, TLAS 2024 reinforced the sector’s critical role in Malaysia’s financial ecosystem. By celebrating its 40-year milestone, the summit not only inspired participants but also laid the foundation for continued collaboration, innovation, and excellence in the Takaful industry.

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By Jody Godoy NEW YORK (Reuters) – Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission’s allegations that the social media platform bought Instagram and WhatsApp to crush emerging competition, a judge in Washington said on Monday. The FTC sued in 2020, during the Trump administration, alleging the company acted illegally to maintain a monopoly on personal social networks. Meta, then known as Facebook, overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent threats instead of competing on its own in the mobile ecosystem, the FTC claims. Judge James Boasberg set trial in the case for April 14. Boasberg earlier this month rejected Meta’s argument that the case should be dismissed as it depends on an overly narrow view of social media markets. The lawsuit does not account for competition from ByteDance’s TikTok, Alphabet’s YouTube, X, and Microsoft’s LinkedIn, Meta had argued. Boasberg said that while the case should go forward to trial, “time and technological change pose serious challenges” to the FTC’s market definition. “The Commission faces hard questions about whether its claims can hold up in the crucible of trial. Indeed, its positions at times strain this country’s creaking antitrust precedents to their limits,” the judge said in the Nov. 13 ruling. (Reporting by Jody Godoy in New York; Editing by Bill Berkrot) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Teledyne Technologies's TDY short percent of float has risen 31.82% since its last report. The company recently reported that it has 412 thousand shares sold short , which is 1.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.65 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks Teledyne Technologies Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Teledyne Technologies has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted. Comparing Teledyne Technologies's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , Teledyne Technologies's peer group average for short interest as a percentage of float is 6.63%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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