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NoneNew Delhi: Online brokerage platform Zerodha's co-founder and CEO, Nithin Kamath, issued a cautionary note to investors on Saturday, December 7, about the perils of taking shortcuts in financial markets. Sharing his insights via a post on platform X (formerly Twitter), Kamath referred to two recent scams investigated by the Securities and Exchange Board of India (SEBI) and emphasized the age-old adage, “If something is too good to be true, it usually is.” “Taking shortcuts to make a quick buck is the surest way to lose money in the markets,” Kamath warned, pointing to examples of fraudulent activities in the financial landscape. Two Scams UnveiledKamath’s post highlighted two SEBI orders that shed light on recent scams: The SME IPO FraudIn this case, a small and medium enterprise (SME) company raised ₹44 crore through an SME IPO, claiming it was to fund software purchases and other initiatives. However, investigations revealed that the software vendor, Trafiksol, was a shell company with fake financials and a bogus client list. SEBI found no credible justification for the company’s engagement with such a vendor, raising red flags about the legitimacy of the entire operation. The "Baap of Chart" ScamA financial influencer (or “finfluencer”) known as “Baap of Chart” was found running an unauthorized investment advisory service. Under the guise of offering educational courses and seminars, the individual and his associates provided direct stock buy-and-sell recommendations to clients, collecting fees amounting to ₹17.2 crore. SEBI has barred the influencer from trading in the stock market for a year and ordered a refund of the collected fees, alongside monetary penalties. A Wake-Up Call For InvestorsSharing Zerodha’s Daily Brief, Kamath urged investors to be cautious when evaluating investment opportunities and advised them to avoid falling for guaranteed returns. “If someone promises ‘guaranteed’ stock market returns, run the other way,” Zerodha stated in the brief, stressing the importance of verifying credentials and avoiding hype. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Industry, Business Economy and around the world.Alex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg

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WASHINGTON (AP) — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Hours after the ground stop was lifted, Tajer said the union had not heard about any “chaos out there beyond just the normal heavy travel day.” He said officials were watching for any cascading effects, such as staffing problems. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights were departing within two hours of their scheduled departure time. A similar percentage — 36% — were arriving at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York’s Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms were developing in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. And any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have “interline agreements” that let them put stranded customers on another carrier’s flights. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. That’s because finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. “Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday,” AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation’s highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. Boston, New York City, Seattle and Washington are the metropolitan areas primed for the greatest delays, according to the company. —— Associated Press writers David Koenig, Mae Anderson and Mike Pesoli contributed to this report.SAN DIEGO, Dec. 07, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Edwards Lifesciences Corporation (NYSE: EW) securities between February 6, 2024 and July 24, 2024, inclusive (the “Class Period”), have until Friday, December 13, 2024 to seek appointment as lead plaintiff of the Edwards Lifesciences class action lawsuit. Captioned Patel v. Edwards Lifesciences Corporation , No. 24-cv-02221 (C.D. Cal.), the Edwards Lifesciences class action lawsuit charges Edwards Lifesciences and certain of Edwards Lifesciences’ top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Edwards Lifesciences class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-edwards-lifesciences-corporation-class-action-lawsuit-ew.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com . CASE ALLEGATIONS : Edwards Lifesciences provides products and technologies for structural heart disease and critical care monitoring. One of Edward Lifesciences’ core products is Transcatheter Aortic Valve Replacement (“TAVR”). The Edwards Lifesciences class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Edwards Lifesciences’ projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations; (ii) TAVR’s growth was at risk of decelerating; (iii) Edwards Lifesciences’ optimistic reports of TAVR’s growth and anticipated ramp in second quarter 2024 and further ramp throughout fiscal year 2024 fell short of reality as defendants’ “patient activation activities” failed to reach the perceived low-treatment-rate population TAVR’s growth relied upon obtaining; and (iv) defendants relied far too heavily or otherwise overstated hospital desire to continue to utilize Edwards Lifesciences’ TAVR procedures over newer, innovative structural heart therapies. The Edwards Lifesciences class action lawsuit further alleges that on July 24, 2024, Edwards Lifesciences disclosed second quarter 2024 TAVR results below expectations and lowered fiscal year 2024 projections for TAVR. On this news, the price of Edwards Lifesciences stock fell more than 31%, according to the complaint. THE LEAD PLAINTIFF PROCESS : The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Edwards Lifesciences securities during the Class Period to seek appointment as lead plaintiff in the Edwards Lifesciences class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Edwards Lifesciences class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Edwards Lifesciences class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Edwards Lifesciences class action lawsuit. ABOUT ROBBINS GELLER : Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 info@rgrdlaw.com

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"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.Jay Wheeler and Zhamira Zambrano premiere music video for 'Santa,' talk first Christmas with their baby: EXCLUSIVE

This beleaguered CT school board is facing a $2.3M deficit and is seeking $1.9M in bonding ahead of a referendumTop officials at the Rugby Football Union have been accused of betraying and misleading the game by the former England international who has been helping to negotiate the sport’s future below the Premiership. Simon Halliday, part of England’s 1992 Five Nations grand slam-winning side, has also called for a review into the “significant” failings of some RFU executive directors. Halliday, who was chair of European Professional Club Rugby for seven years until 2021, has latterly been representing Championship clubs seeking greater funding and firm guarantees from the RFU over promotion and relegation. In an excoriating letter sent to the RFU’s chair, Tom Ilube, seen by the Observer , he alleges the existing tier 2 clubs “have been stalled, misled and misinformed” and warns recent poor governance “threatens the game” in England. In particular, Halliday alleges RFU executives have reneged on assurances given at a council meeting in mid-June to talk further about softening the Premiership minimum standards criteria to make it more feasible for sides to be promoted to the top tier. “With the help of our own legal advisers ... I made it quite clear that some matters were not agreed and needed further debate,” Halliday wrote. “This was signed off by the RFU executive and I have the written evidence, as well as that of our lawyer. Since then, we have been stalled, misled, misinformed and there is no sign of a more progressive approach to this fundamental part of the game.” A two-leg playoff between the Championship’s top side and the Premiership’s bottom team had been hailed as a means of retaining promotion and relegation. But a crucial tweak to the small print now requires sides lacking an existing ground with a capacity exceeding 10,000 to have advance planning permission and financial assurances in place guaranteeing their stadium expansion work will happen within four years, in effect leaving every Championship club, bar ninth-placed Doncaster, unable to go up. Halliday, who stepped down in August as chair of the Championship board, has urged Ilube either to “make a statement clarifying that promotion and relegation is dead” or to “conduct an immediate review” before the 1 December deadline for applying for a facilities audit. “You potentially have no club which can be sustainably promoted,” wrote Halliday. “How is this acceptable? It is the RFU who is expected to look after the whole game. Instead, you are alienating the very clubs ... for whom you are responsible.” The letter also claims that efforts by the Tier 2 Board to negotiate fair and reasonable criteria for ground capacity were circumvented by decisions taken at a Professional Game Board meeting that was allegedly not quorate. Halliday believes “the legality of what has taken place is clearly questionable” and says aspiring Championship clubs have been left in “an unacceptable position” by the RFU. “Your executive directors have failed in significant fashion to take care of this process,” he told Ilube. “Recent actions by the RFU legal team seem to have been [about] obfuscating and protecting the status quo which is clearly not consistent with [RFU] Council decisions. This threatens the game in our country given its seriousness. Further, the commitment by Bill Sweeney and the [RFU] executive to discuss in good faith the funding gap between the promoted club and the existing Premiership clubs has not been fulfilled despite numerous requests.” Sign up to The Breakdown The latest rugby union news and analysis, plus all the week's action reviewed after newsletter promotion The RFU is already under fire on several fronts, with significant year-end financial losses due to be reported imminently and the national team having lost seven of their past nine Tests. There are also fears the financial situation at Twickenham may frustrate a plan by the Rugby Players’ Association to extend much-needed welfare support to tier 2 players. In response the RFU stressed that a new Tier 2 Board with an independent chair was now in place. “It is through this board that all matters relating to rugby’s second tier are raised and managed,” said a spokesperson. “The board members are working collaboratively to deliver a reimagined tier 2 from next season.”Trump's economic team may get easy Senate rides. That could push clarity on policy into 2025.

Thomas uses big drives and putts to hold lead in Bahamas

Dana Carvey has responded to Elon Musk ’s criticisms of his impression of him on “Saturday Night Live” earlier this month. “I can’t do Elon Musk very well,” the comedian admitted on an episode of his “ Superfly ” podcast with David Spade released Friday. “But I can do something that sounds not like anything. He has an incredible accent — South Africa, via Canada, via Pennsylvania.” Carvey, who also parodied President Joe Biden on “SNL,” added, “It’s almost like, it’s a little bit of Australian in there, a little bit of British, but it’s not totally that.” Carvey’s response comes after Musk ripped his performance on the late night sketch show’s first episode following Donald Trump winning a second term in the White House. During the episode’s cold open, Carvey impersonated the Tesla CEO. “Check it out, dark MAGA. Yeah! But seriously, I run the country now,” Carvey said while wearing a black MAGA hat. “America’s going to be like one of my rockets that’s super cool and super fun. But there’s a slight chance it could blow up, and everybody dies.” Carvey’s impression referenced Musk’s appearance during Trump’s Madison Square Garden rally on Oct. 27, where he called himself “dark, gothic MAGA.” Musk dug into Carvey and “SNL” on his social media platform, X, formerly called Twitter, in multiple posts shared after the episode’s release. “They are so mad that @realDonaldTrump won,” the SpaceX founder, who endorsed Trump in the 2024 election, wrote . Musk also addressed Carvey’s impersonation of him, saying , “Dana Carvey just sounds like Dana Carvey,” as well as calling “ SNL ” “out of touch with reality.” Other news outlets have retreated behind paywalls. At HuffPost, we believe journalism should be free for everyone. Would you help us provide essential information to our readers during this critical time? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. “SNL has been dying slowly for years, as they become increasingly out of touch with reality,” Musk said. “Their last-ditch effort to cheat the equal airtime requirements and prop up Kamala before the election only helped sink her campaign further.” Watch Carvey’s impersonation of Musk on “SNL” below. Related Sign up for Peacock to stream NBCU shows. From Our Partner

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NASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. People are also reading... Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday." Be the first to knowMaputo tense after disputed poll result