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1 Artificial Intelligence (AI) Stock to Buy and Hold Through 2025 and BeyondTechnology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. On Monday: The S&P 500 rose 14.77 points, or 0.2%, to 6,047.15. The Dow Jones Industrial Average fell 128.65 points, or 0.3%, to 44,782. The Nasdaq composite rose 185.78 points, or 1%, to 19,403.95. The Russell 2000 index of smaller companies fell 0.59 points, or less than 0.1%, to 2,434.14. For the year: The S&P 500 is up 1,277.32 points, or 26.8%. The Dow is up 7,092.46 points, or 18.8%. The Nasdaq is up 4,392.60 points, or 29.3%. The Russell 2000 is up 407.06 points, or 20.1%.
Article content There is tinkering and fine tuning, and then there is the Edmonton Elks. Boy, talk about a complete engine overhaul. From the very top of the new private ownership hierarchy with the one behind the wheel (and steering things straight into the Calgary Stampeders bench, no less), to a new president, to a new general manager, it’s an entirely new driving force behind this team. And sure, the engine’s output will only be as good as the sum of its parts when it comes to the makeup of the roster. But Monday at Commonwealth Stadium, it was all about the transmission, with the introduction of new head coach Mark Kilam, who is hands down the most integral part of it all. He is, after all, where the rubber meets the road. And it doesn’t matter how fancy an engine you have if it fails to get turned into positive traction in the standings. Up to this point in Edmonton’s rebranding, the wheels have all but fallen off as time and time again, this team continues to fall well short of reaching victory lane on the perennial path to playoffs. Vote of confidence The thing is, the Elks’ latest hire already has the grandstands packed full of support from former players as word got out he was making the leap to the head-coaching ranks after spending the past 20 years with the Calgary Stampeders, where he left off as special-teams co-ordinator and assistant head coach. And Kilam was quick off the starting pistol to acknowledge his appreciation for their vote of confidence. “It was incredible. I don’t have social media, but my mom would screenshot things to me, my wife would show me things and it just really reinforced that I did things the right way growing up and working with these guys,” Kilam said. “And that’s what I really took from it. Those relationships were real, those connections were real. “Me, I value people. I value what they can bring in whatever position group or whatever area they’re involved in in this organization.” He said the fact he comes from a special-teams background only bolstered his case for the head-coaching job. “We’re all the sum of our experiences, so all my roles there helped me prepare for this opportunity,” said Kilam, who left Calgary as the CFL’s longest-serving coach. “I’ve got 20 years in a great organization, and that’s a lot of experience in different things, highs and lows. A lot of different experiences with players. “Special-teams guys are prepared for these jobs. We’re the only ones that talk to the whole team, other than the head coach. Good special-teams co-ordinators have a presence in the room, you have to if you want your guys to play. You’re game managers, constantly thinking ahead. What’s the next situation? What are we anticipating here? All those experiences have prepared me and I can’t wait to hit the ground running.” That’s good, because he will have to. His Elks have plenty of ground to make up if they hope to make the leap from obscuring to playoff contention. It’s the exact opposite step the Stampeders took this past year, missing playoffs for the first time since 2004 — the year before Kilam first came onto the CFL scene as their strength and conditioning coach. But all that time spent on the south side of the provincial rivalry didn’t dim his vision of what pro football can become once again in Edmonton, where he spent his playing days as a linebacker and team captain for the University of Alberta Golden Bears. “This team’s going to take on an identity that the people of this city can resonate with,” Kilam said. “This is a city that is not afraid to work hard. This is a city that has grit, and a city that has a chip on its shoulder to succeed. And that’s what we’re going to be about. ‘Built tough’ “We’re going to be a team that’s built tough. That’s built for the cold. We’re going to be a team that doesn’t back down and doesn’t turn it down. We’re going to commit to playing a style of winning football, and that’s going to look like whatever it takes each and every week. Give Kilam credit. He has been around Edmonton enough to know the one thing the fans here want most is for the future of this club to start looking more like the past. “We’re going to commit to playing a certain type of football that the people in this city can believe in. And that’s important,” he said. “We’re going to be a group that’s accountable, not only to each other but to everybody that came here before us. “We’re going to stand on the shoulders of the people who built this place and represent the double-E the right way.” E-mail: gmoddejonge@postmedia.com On Twitter: @GerryModdejonge Bookmark our website and support our journalism: Don’t miss the news you need to know — add EdmontonJournal.com and EdmontonSun.com to your bookmarks and sign up for our newsletters here. You can also support our journalism by becoming a digital subscriber. Subscribers gain unlimited access to The Edmonton Journal, Edmonton Sun, National Post and 13 other Canadian news sites. Support us by subscribing today: The Edmonton Journal | The Edmonton Sun.House approves $895B defense bill with military pay raise, ban on transgender care for minorsNone
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NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.President-elect Donald Trump called his meeting with Justin Trudeau productive and says the prime minister made a commitment to work with the United States to end the drug crisis amid the threat of stiff tariffs. Trudeau flew to Florida Friday evening to attend a dinner at Mar-a-Lago, where Trump's transition team is based. The in-person meeting came at the end of a rocky week in which Trump threatened to impose stiff tariffs on all imports from Canada and Mexico, unless the two countries stop illegal border crossings and prevent illicit drugs from entering the U.S. In a post on Truth Social, Trump says he and Trudeau discussed the drug crisis, particularly fentanyl, illegal immigration, as well as trade, energy and the Arctic. Trump's post did not directly mention tariffs. Trudeau told reporters in West Palm Beach Saturday morning that he had an excellent conversation with Trump’s transition team. This report by The Canadian Press was first published Nov. 30, 2024. The Canadian PressEagles QB Jalen Hurts is in the NFL’s concussion protocol. His status for Sunday is uncertain
By far the most legendary restaurant in Alabama is The Bright Star in Bessemer. The famous establishment is iconic for not only its fabulous food but also for its hospitality. It is a landmark of Alabama history. The Bright Star is the place to see and be seen. Anybody who is famous and well connected in Alabama politics eats at The Bright Star when they are in Birmingham. It is a regular place to gather for Jefferson, Tuscaloosa, and Walker County politicos. Steve Flowers It has also been the favorite eating location for legendary Alabama football coaches Paul “Bear” Bryant and Nick Saban. In fact, there are private dining booths named the Bear Bryant Room and Nick Saban Room. In recent years Alabama basketball coach, Nate Oats, has become a regular. He has become close friends with the heir apparent owner, Andreas Anastassakis. Greek families have been the Lords of all the famous restaurants in Alabama. The Bright Star may be the brightest star in the history of Alabama’s fine dining. However, if they have had a rival in past years, it was the magnificent Elite Restaurant in downtown Montgomery. The Elite was run by the Xides family. Ed Xides ran an impeccable restaurant. They and the famous Sahara Restaurant in Montgomery were excellent but both closed decades ago. The Bright Star continues to shine. It makes every culinary list of favorite Birmingham Restaurants every year. It dominates every list in every category. Two brothers, Jimmy and Nicky Koikos, have continued the magnificent heritage of excellence at the Bessemer landmark for the last 50 years. Jimmy passed away from cancer a few years ago. Nicky continues to manage the fine eatery. He is there every day at age 78. The Bright Star is in its 118th year. The restaurant opened in 1907 with only a horseshoe shaped bar. It opened its doors to the bustling coal mining community of Jefferson County that year. It moved three times in the early years. The Bright Star moved to its present location in downtown Bessemer in 1915. The original marble floors and marble walls exist today. Can you imagine how majestic and elegant this place was to diners in early 20th century Bessemer? Another unique interior feature at The Bright Star is its array of murals painted by a European artist passing through Bessemer and restored to their original brightness in 2010. Good service and high-quality cuisine have perpetuated The Bright Star’s reputation for excellence. Fresh seafood is delivered daily from the Gulf Coast. Only the finest cuts of steak available are served. The Bright Star’s longtime dedication to culinary excellence was recognized on the national stage in 2010, when it was named one of “America’s Classics” by the James Beard Foundation at a ceremony in New York City. The fine food and service make it a delightful place to eat, but what I love about the place is its history and family legacy. When you see Nicky Koikos, you can look over his shoulder at portraits of his mother and father, who ran the restaurant for decades prior to Nicky and Jimmy. Jimmy and Nicky Koikos took over the reins in the 1970s. They were keeping it in the family. Nephew Andreas Anastassakis and niece Stacey Cocoris Craig have come on board to take over. Andreas is also the Chief Master Chef. The walls of the great Bright Star are adorned with photographs of some of the most famous people in America, like Sandra Bullock. However, it is practically a museum of University of Alabama football legends, who ate there regularly, including legends that won lots of national Championships like Bear Bryant, Nick Saban, Gene Stallings, and greats like Joe Namath, Johnny Musso, John Hannah to name a few. Even the legendary Bright Star maître d of 46 years, Marlon, is cousins with Marlon Humphrey and Bobby Humphrey. Bryant used to call him “Speedy.” Some of my fondest memories are having dinner at The Bright Star, with two of our iconic U.S. Senators, Judge Howell Heflin and Senator Richard Shelby. Shelby and Heflin both considered The Bright Star their favorite Alabama restaurant. It is a merry place to visit at Christmas. See you next week. Steve Flowers is Alabama’s leading political columnist. His weekly column appears in over 60 Alabama newspapers. He served 16 years in the state legislature. Steve may be reached at www.steve@steveflowers.us . Catch the latest in Opinion Get opinion pieces, letters and editorials sent directly to your inbox weekly!Rape allegation against Jay-Z won't impact NFL's relationship with music mogul, Goodell says
President Bola Tinubu has assured the German government and businessmen of Nigeria’s preparedness to expand frontiers for investors by removing administrative bottlenecks in the energy and solid minerals sectors. According to a release by the Presidential spokesman, Bayo Onanuga, Tinubu in a business session at the State House during the State Visit of the German President, Frank-Walter Steinmeier, said activation of the latent potentials in the energy sector remained central to Nigeria’s development. “I welcome Mr President to Nigeria and the State House. Your visit is a significant milestone. And I must thank you for the warm reception when I visited Germany. Nigeria trying to align with the best strategy, and practices for good governance “We need each other, and you emphasized this in our private discussion. Nigeria is going through a transformative period and trying to align with the best strategy and practices on good governance globally. “We like our relationship with you as friends and partners. Germany is well-industrialized and renowned for its sustainable infrastructure. “I am saying again that Nigeria is ready and open for business. As you mentioned, you are ready to support Nigeria in the energy sector, which you have long been doing. Also, in alternative energy, we have the sun, and you have the technology. We should continue our partnership in every way that we can.” He said the Ministry of Foreign Affairs, Ministry of Solid Minerals, Ministry of Power and Ministry of Industry, Trade and Investment have been directed to work closely with investors to develop the energy sector. “I will re-emphasise again and again we must enhance the possibility of becoming highly industrialised by exploring opportunities in our natural resources,” he added. He said the country’s reforms had been designed to bring long-term prosperity through sustainable and dependable frameworks. “We are synchronizing to ensure a grounded and flourishing partnership that brings prosperity to our people. We know that Germany has the capacity and is involved in regional cooperation and collaboration. “We are glad that we are trading in Euro with you. We are more transformative than before. We have made changes in the way we do business. It is now easy in and easy out for investors. We are projecting investment in gas and alternative energy. “Our transformation involves natural gas. We are leveraging solid minerals, particularly lithium. We have a dynamic, anxious-to-learn and flexible youth population. “We have many Nigerian students who were trained in Germany. We want domestic investment that will promote growth in our economy. Equally, we need skill development,” the President said. The President noted that Small and Medium Enterprises were also being repositioned to play a more central role in development, assuring that bottlenecks to investments had been removed. In his remarks, the German President assured Tinubu that there were also more specialised companies in Germany that would be encouraged to look towards Nigeria for expansion opportunities beyond the big brands in the energy sectors. “There is a growing interest in Nigeria on the German side beyond those who are already here, like Siemens. Other companies are looking for investment opportunities, especially in renewable energy,” he stated. In his presentation, the Minister of Solid Minerals Development, Mr Dele Alake, noted that Germany has a dedicated one billion Euro fund for diversifying the supply chain in renewable energy, and modifying the conditions could easily accommodate the opportunities in Nigeria’s solid minerals sector. Alake said the critical minerals for energy transition, cobalt, nickel and lithium, were readily available in Nigeria.Trump is teasing US expansion into Panama, Greenland and Canada | CNN Politics
