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Kangkan Kalita is a reporter with The Times of India and covers issues on health, education, stories of human interest while keeping a close watch on political developments and student movements. Reporting on environment and forest related issues and concerns of the northeast interest him equally. Read More Morning habits that can help improve concentration and performance at work Graceful snaps of Helly Shah Statement wedding jewellery inspired by ardent gemstone lover Nita Ambani Elegant snaps of Malavika Mohanan 10 simple ways you can boost productivity at work Vaani Kapoor's winter formal styling sets the next big fashion trend 10 authors who went viral on social media in 2024 Rasha Thadani's all-black look exudes chic elegance 8 tips to protect home garden in wintersSweeping deportations pledged by President-elect Donald Trump could pose an economic shock for the restaurant industry in ways that echo the pandemic: pricier menus, rising wages and shuttered storefronts, economists and some restaurateurs worry. But Wall Street is wagering that Trump’s tough talk is a bluff ahead of a more limited crackdown that won’t uproot the restaurant industry’s immigrant-heavy workforce. The industry is one of the most reliant on workers in the country illegally, making it a test case for whether Trump will fulfill completely his campaign promises. “I see little risk of them deporting people that are working at jobs in restaurants or anywhere else in the food industry,” says Dan Ahrens, chief operating officer and portfolio manager of AdvisorShares. Ahrens said he believes Trump’s administration will focus on immigrant criminals, with talk of broader deportations amounting to political rhetoric. Thomson Reuters' index of restaurant and bar stocks has steadily risen more than 5% since the election, outpacing the S&P 500. In the last year, while lagging the S&P, restaurant stocks have risen nearly 10%, buoyed by rising prices sectorwide even as consumers are eating out less. Holiday deals: Shop this season’s top products and sales curated by our editors. Gary Bradshaw, portfolio manager at Hodges Capital Management, said he remains bullish on restaurants with growing sales revenue and store numbers, like Chipotle, McDonald's and Texas Roadhouse. On the prospect of deportations, he said, “My guess is the bark is a lot louder than the bite, but hey, nobody knows. So I don’t spend a whole lot of time thinking about it.” More: The US is short millions of housing units. Mass deportations could make it worse. Jake Dollarhide, chief executive of Longbow Asset Management, said he doesn’t make investment decisions on hypothetical policy. “We didn’t sell our energy stocks the day Joe Biden took office,” he said. He said he believed stock market highs and the "propensity of Americans to spend" would continue to drive restaurant stocks up. "The perception of grocery inflation — whether real or not real — benefits restaurants," he added. Trump has said that the initial focus of deportations will be on criminals in the U.S. illegally, but that the net will eventually widen to all immigrants in the country illegally. “I think you have to do it,” he told NBC last weekend. Around 1-in-12 of the country’s 10 million restaurant workers were living in the United States illegally in 2022, according to Pew Research Center estimates from this summer which have not previously been published. “Restaurants will be a hard-hit sector,” if Trump lives up to his promises on deportations, said Marcus Noland, an economist with the Peterson Institute for International Economics. Not only will they have to contend with their own higher labor costs, Noland said, but they’ll also have to pay more for food because of disruptions upstream in agriculture. “You saw this during the pandemic when many restaurants had restricted hours, smaller menus and worse service,” he said. PIIE estimated prices in the service sector would rise 1.7% if the Trump administration deported 1.3 million workers, or to rise 11% if the administration fulfilled its commitment of deporting all working immigrants in the country illegally, which the Pew Center estimates at 8.3 million. “We’re already dealing with a huge labor shortage of food workers," said Jacob Monty, an immigration and employment lawyer who advises chain restaurants. "If you add more enforcement, it’s going to only get harder to find workers to staff restaurants.” Diners are already reeling from sticker shock, and Kelsey Erickson Streufert, the Texas Restaurant Association’s chief policy liaison, said restaurateurs in the state are concerned that a “tipping point” has been reached for raising prices. “Customers are only going to pay so much for a hamburger,” she said. Reporting by Waylon Cunningham; Editing by Peter Henderson and Alistair Bell
SentinelOne, Inc. ( NYSE:S – Get Free Report ) insider Ric Smith sold 14,583 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link . Ric Smith also recently made the following trade(s): SentinelOne Stock Down 1.7 % NYSE S opened at $22.45 on Friday. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of -23.88 and a beta of 0.67. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The stock has a fifty day simple moving average of $25.90 and a 200 day simple moving average of $23.51. Analyst Ratings Changes S has been the subject of several analyst reports. Piper Sandler raised SentinelOne from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $25.00 to $32.00 in a report on Monday, October 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Susquehanna increased their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Finally, Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.44. Read Our Latest Report on SentinelOne Institutional Trading of SentinelOne A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. Waldron Private Wealth LLC bought a new position in shares of SentinelOne in the 3rd quarter worth about $26,000. Allspring Global Investments Holdings LLC grew its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Capital Performance Advisors LLP bought a new stake in SentinelOne in the third quarter worth approximately $55,000. Blue Trust Inc. lifted its stake in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,223 shares during the period. Finally, Huntington National Bank lifted its stake in SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,765 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock. SentinelOne Company Profile ( Get Free Report ) SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats. See Also Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter .
SAINT PAUL, Minn. (AP) — Mariah Keopple and Alexandra Labelle scored their first goals of the season and the Montreal Victoire edged the Minnesota Frost 3-2 on Saturday. Marie-Philip Poulin's goal almost six minutes into the second period was the difference as she converted a 2-on-1 from Laura Stacey and Jennifer Gardiner and Montreal (2-2-0-1), which went 0 for 3 on the power play, won its third straight while handing Minnesota (3-1-1-1) its first regulation loss of the season. Despite having the better control of the action from the start Montreal fell behind 1-0 near the middle of the first period when Claire Thompson and Taylor Heise set up Britta Curl-Salemme for her third goal of the season. But in the last five minutes of the period Keopple scored on a pass from Claire Dalton, and Labelle banged in a rebound of her initial shot. Minnesota pulled into a tie at just 3:17 into the second period when Brooke McQuigge picked up her first goal during a scramble in front of the Montreal goal. Barely 2 1/2 minutes later the Victoire were back on top on Poulin's second goal of the season and Ann-Renee Desbiens, who made 22 saves, made that stand up. Maddie Rooney made 22 saves for Minnesota, which went 0-1 on the power play. Boston plays at Montreal on Monday. The Frost are home against Boston on Thursday. ___ AP women’s hockey: https://apnews.com/hub/womens-hockey The Associated PressNebraska's Dylan Raiola talks key late hit on day he sets school freshman season passing mark
SentinelOne, Inc. ( NYSE:S – Get Free Report ) insider Ric Smith sold 14,583 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the completion of the sale, the insider now directly owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. The trade was a 2.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link . Ric Smith also recently made the following trade(s): SentinelOne Stock Down 1.7 % NYSE S opened at $22.45 on Friday. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of -23.88 and a beta of 0.67. SentinelOne, Inc. has a twelve month low of $14.33 and a twelve month high of $30.76. The stock has a fifty day simple moving average of $25.90 and a 200 day simple moving average of $23.51. Analyst Ratings Changes S has been the subject of several analyst reports. Piper Sandler raised SentinelOne from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $25.00 to $32.00 in a report on Monday, October 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price target on shares of SentinelOne in a research note on Thursday, December 5th. Susquehanna increased their price objective on shares of SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. raised their target price on shares of SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Finally, Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.44. Read Our Latest Report on SentinelOne Institutional Trading of SentinelOne A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. Waldron Private Wealth LLC bought a new position in shares of SentinelOne in the 3rd quarter worth about $26,000. Allspring Global Investments Holdings LLC grew its stake in SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares during the period. Capital Performance Advisors LLP bought a new stake in SentinelOne in the third quarter worth approximately $55,000. Blue Trust Inc. lifted its stake in SentinelOne by 105.9% in the third quarter. Blue Trust Inc. now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,223 shares during the period. Finally, Huntington National Bank lifted its stake in SentinelOne by 287.9% in the third quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after buying an additional 1,765 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock. SentinelOne Company Profile ( Get Free Report ) SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats. See Also Receive News & Ratings for SentinelOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SentinelOne and related companies with MarketBeat.com's FREE daily email newsletter .Trading Paradise For Progress?The India Meteorological Department's (IMD) Srinagar station had forecast light rain and snowfall for the region on December 27 and 28, but the valley experienced over two feet of snow in some areas, catching residents, authorities, and travellers completely off guard. The failure of weather models to predict this intense spell of snow has raised serious questions about the accuracy and preparedness of the meteorological forecasting system in the region. The inaccurate forecast by the Meteorological Department (MET) in Jammu and Kashmir has created chaos on the ground with many travellers especially tourists found themselves stranded in life-threatening situations. People largely blame the weather department and its current incharge in Jammu and Kashmir Mukhtar Ahmad for the inaccurate prediction that caught everyone off guard. The MET had predicted light rainfall and scattered snowfall in some areas on Friday, but as the day proceeded the plains of Kashmir witnessed heavy snowfall in the afternoon that continued throughout the night leaving people stranded on all the major roads. Meteorologists and independent weather forecasters acknowledged gaps in prediction models, saying the surprise snowfall was due to the region's unique and variable weather patterns. Dr Mukhtar Ahmad, senior scientist at the IMD, said they rely on global models from Europe, the US, Japan and others for forecasting. “None of the models, whether Indian or global, indicated snowfall of this magnitude,” Dr Mukhtar Ahmad admitted. He said models indicated some precipitation in the Jammu and Chenab Valley regions, but there was no significant indication of such heavy snowfall in south Kashmir. “No model suggested heavy snowfall for KMR Div even yesterday. As per f/c,Rain was expected for plains of JAMMU & light snow over middle & higher reaches of Chenab valley & South KMR & didn't expect that much moisture flow over South & Central KMR,” Dr. Mukhtar wrote on X. Sonam Lotus, a senior most official in the Weather Department (IMD) in an X post, said,“Yes, we underestimated this #WesternDisturbance. Will investigate what we Missed & Grow.” The inaccurate and unpredicted weather conditions caught travellers and the administration off guard, leading to significant inconvenience and safety concerns. The heavy snowfall caused roadblocks, particularly on high-altitude routes like Sonamarg, Gulmarg and Pahalgam, where tourists were unprepared for the sudden weather shift. At many places, the local villagers had to unlock mosques and their homes to provide shelter to the stranded travellers.“At some places babies are found in cars without milk and other essential supplies,” as per the social media reels and videos. Around 2000 vehicles were stranded on the vital Srinagar-Jammu National Highway, the valley's lifeline due to the snow accumulation. Similarly, the flight operations at Srinagar International Airport were affected, leaving visitors stuck without proper accommodations. The failure of the MeT Department to predict the intensity of snowfall has drawn severe criticism from both locals and tourists on social media. The Hoteliers and travel agencies expressed frustration, stating that better forecasts could have allowed for more preparation and minimized disruption. People took to the social media platforms to express their frustration and backlash against the MET. Those stuck on several roads shared their ordeals, with some posting pictures of being stranded in snowbound vehicles or makeshift shelters. Others tagged the MET department and government authorities, demanding accountability for the oversight. Faizan Arif, an independent weather forecaster, called for enhanced infrastructure and investment in modern meteorological technology to avoid such forecasting errors in the future. “Advanced meteorological infrastructure and technology are urgently needed in the region,” said Arif. He said the absence of state-of-the-art equipment limits the ability to accurately predict such extreme weather events. Arif said this forecasting lapse highlights the need for better weather prediction tools and enhanced preparedness for extreme climatic conditions, especially in a region as vulnerable as Kashmir. Meanwhile, experts have attributed this weather anomaly to La Niña, which often brings unpredictable weather systems, saying increased moisture flow from the Arabian Sea is a contributing factor. “This unseasonal snowfall is a blessing for water resources but highlights the urgent need for better preparedness,” Dr Mukhtar said. With weather forecasts indicating improved weather conditions in the coming days, independent weather forecaster Faizan Arif said this incident serves as a stark reminder of the region's vulnerability to sudden weather changes. It also underscores the pressing need for robust meteorological advancements for upgrading weather prediction infrastructure in the region, he said. “This is a wake-up call for the government to invest in advanced technology for accurate forecasting,” Arif said, highlighting the gap between local capabilities and global standards. Follow this link to join our WhatsApp group : Join Now Be Part of Quality Journalism Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast. CLICK FOR DETAILS MENAFN28122024000215011059ID1109038099 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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Calling him "a good guy," Vice President-elect JD Vance announced Friday that he's asked the to be his guest at Saturday's Army-Navy football game. Penny was found not guilty Monday in the death of a subway rider he'd placed in a chokehold. "I'm grateful he accepted my invitation and hope he's able to have fun and appreciate how much his fellow citizens admire his courage," Vance , the reports. Others planning to go to the game in Landover, Maryland, include President-elect Trump and his choice for defense secretary, Pete Hegseth, per the . Vance has celebrated the Manhattan jury's verdict. "Thank God justice was done in this case," he . "It was a scandal Penny was ever prosecuted in the first place." Penny said this week that he wasn't looking for applause. "I didn't want any type of attention or praise, and I still don't," he told Fox News host Jeanine Pirro on Wednesday. (More stories.)Marqeta, Inc. Stockholder Alert: Robbins LLP Reminds Investors of the MQ Class Action Lawsuit
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