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U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on Tuesday to set an all-time high for the 55th time this year. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. The South Korean won sank against the dollar after its president declared martial law and then later said he’ll lift it. On Tuesday: The S&P 500 rose 2.73 points, or less than 0.1%, to 6,049.88. The Dow Jones Industrial Average fell 76.47 points, or 0.2%, to 44,705.53. The Nasdaq composite rose 76.96 points, or 0.4%, to 19,480.91. The Russell 2000 index of smaller companies fell 17.79 points, or 0.7%, to 2,416.35. For the week: The S&P 500 is up 17.50 points, or 0.3%. The Dow is down 205.12 points, or 0.5%. The Nasdaq is up 262.74 points, or 1.4%. The Russell 2000 is down 18.38 points, or 0.8%. For the year: The S&P 500 is up 1,280.05 points, or 26.8%. The Dow is up 7,015.99 points, or 18.6%. The Nasdaq is up 4,469.56 points, or 29.8%. The Russell 2000 is up 389.27 points, or 19.2%.
Manhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: White House press secretary Karine Jean-Pierre says “violence to combat any sort of corporate greed is unacceptable” and the White House will “continue to condemn any form of violence.” She declined to comment on the investigation into the Dec. 4 shooting death of UnitedHealthcare CEO Brian Thompson or reports that writings belonging to the suspect, Luigi Mangione, said insurance companies care more about profits than their customers. “This is horrific,” Jean-Pierre said of the fatal shooting of Thompson as he walked in Manhattan. He didn’t appear to say anything as deputies led him to a waiting car outside. “I’m deeply grateful to the men and women of law enforcement whose efforts to solve the horrific murder of Brian Thompson led to the arrest of a suspect in Pennsylvania,” Gov. Hochul said in the statement. “I am coordinating with the District Attorney’s Office and will sign a request for a governor’s warrant to ensure this individual is tried and held accountable. Public safety is my top priority and I’ll do everything in my power to keep the streets of New York safe.” That’s according to a spokesperson for the governor who said Gov. Hochul will do it as soon as possible. Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”
Right of Reply: It is about meritocracy and milestones at NNPCKathmandu, Dec 28: Prime Minister KP Sharma Oli has urged the university graduates to utilize their knowledge and skills for the national prosperity where all Nepalis could live happy, peaceful and dignified life. PM Oli said it while addressing the 50th convocation ceremony of the Tribhuvan University in the federal capital today. Also the Chancellor of the Tribhuvan University, he requested the students ordained in the convocation to be honest and humble to make society democratic and cultured. Showing arrogance of knowledge is not good, he added. The PM argued that only educational attainment is not enough. Its practical enforcement counts much. "Unless we put into practice the knowledge we gain, such knowledge does not carry meaning. The knowledge can be best utilized for the welfare of society and nation," PM Oli reminded. According to him, the qualified workforce can be responsible to reduce the existing absolute poverty- 20 percent- in the country so that it would help achieve the national ambition of 'prosperous Nepal: happy Nepali'. The PM also informed that Nepal is a provenance of knowledge, meditation, yog and culture which can be learnt by the new generation. On the occasion, Chief Guest Dr Ram Prakash Yadav, viewed the students can learn a lot from struggle and honesty. Pro-Chancellor and Minister for Education, Science and Technology, Bidya Bhattarai, underlined the need for adopting technology in teaching learning activities. Vice Chancellor Prof Dr Keshar Jung Baral informed that they were planning merger of campuses.(RSS)
Surging Flyers take aim at Panthers, who may be without top goalieChief Minister A. Revanth Reddy appears to love rib-ticklers these days, aiming them with aplomb at his Cabinet colleagues. The other day, at the Rythu Panduga in Mahbubnagar district, his comments left many chuckling. First it was irrigation minister N. Uttam Kumar Reddy’s turn to get a good-natured poke. Uttam is this district’s son-in-law, the CM said as Uttam’s wife, Kodad MLA Padmavathi Reddy, hails from a village near Jadcherla. The bottom line? Because of his “special status” Uttam owes the district and should ensure irrigation for 20 lakh acres in Mahbubnagar. That is the dowry Uttam owes, the CM went, prompting chuckles and guffaws. Deputy CM and finance minister Mallu Bhatti Vikramarka was next with the CM recalling the local connections of Bhatti’s elder brothers, Mallu Anantha Ramulu and Mallu Ravi, with the district. Bhatti holding the state purse strings could sign some blank cheques for the district, the CM went. Then came the turn of health minister Damodar Rajanarsimha, the in-charge minister for Mahbubnagar, with Revanth going “Damodar anna signs without reading! That way, we can sneak in higher amounts for our district easily.” A good time to call it a day... sort of. This is now the case with senior IAS officer Burra Venkatesham who sought voluntary retirement from service (VRS) to take up the job of Telangana State Public Service Commission (TGPSC) chairperson. Burra is not the first to seek VRS and head the commission, since the TGPSC post is a much coveted one. It was B. Janardhan Reddy who quit his IAS job in a similar fashion during the BRS regime and joined the commission in May 2021. But, for Janardhan, his dream job — six years at TGPSC’s helm, or until reaching the age of 62 — was cut short to just two-and-a-half years with the Congress sweeping to power on December 7, 2023. Forced to resign within five days of the political shift, his abrupt exit on December 11 sent shockwaves through bureaucratic circles. Now, the word doing the rounds is that with four years of regular service left, Burra with a penchant for taking calculated risks, has placed his bets on staying on for six years in his new position, a win-win situation for him, making him one more among officials betting their careers in a high-stakes game of strategy, resilience, and luck, and hope that they can weather future political storms. Leaders who are reluctant to lead are the current flavour in erstwhile Adilabad district with folks looking askance and their elected representatives, present and past, missing in action. While leaders from the ruling party are staying away fearing “accountability”, those from the Opposition parties too are missing from action on the field worried that they would be taken to task for their failed policies that led to the current situation. This became clear at the recent protest against an ethanol plant in Dilawarpur village with neither side putting in an appearance and finally, people’s power making it felt. Just for good measure, the protestors were also holding up placards with pictures of the MLA and two others declaring them missing. AP’s labour minister Vasamsetty Subhash appears to be harvesting trouble after courting some serious controversy after issuing legal notices to women agriculture labourers in Ramachandrapuram of Dr B.R. Ambedkar Konaseema district recently. The women say all they did was to harvest paddy from a field and were not aware of a dispute on its ownership. The land belonged to a brother and sister and was bought by another person who allegedly had Vasamsetty’s blessings. When the dispute initially reached the local police station, the women workers were made a party to the case. When the women alleged they were being made scapegoats in a case in which a minister was involved, Subhash was apparently cut to the quick and served legal notices to all his critics in the case, including the women farm labourers who are now hugely worried and anguished that they are up against their state minister. Heroes on the big screen can suddenly become zeroes in real life. The latest to become an example of this phenomenon appears to be Allu Arjun, whose film ‘Pushpa 2: The Rule’s first screening resulted in the death of a woman who went to watch the movie at the same theatre that he decided to go to and made a grand entry setting, off a stampede by his crazed fans carrying aerosol can torches among other paraphernalia. With the woman dying in the stampede and her son nearly getting killed at the same time, Telangana minister for cinematography Komatireddy Venkat Reddy questioning Allu Arjun’s choice of going to the hall — the situation resulted in serious questions about the desperate thirst for adulation among movie stars who other than a handful of hits in their entire career, have nothing much to show far. There is a joke doing the rounds in the BJP in Telangana these days. Nothing new but a repurposed old one and the butt of the joke is party state president G. Kishan Reddy. The man, known to work hard to ensure he makes no enemies, did not want this post of state chief. But when he was given the job, he got stuck with it. With no signs of a new president on the horizon, and amidst rumours that when a new one comes, Kishan could well be given the job of the BJP national president, some in the party are apparently tickled at this prospect, getting a new chance to have a jibe at Kishan. A senior party leader the other day narrated the now famous anecdote about visiting US journalists in Bihar saying the state can be turned into the US as it had potential. Lalu Prasad Yadav, hearing about this, retorted that he could turn the US into a Bihar in no time. If Kishan goes to Delhi then he can turn the national BJP into Telangana BJP which is struggling on many fronts, this particular BJP leader said. Once a man who wielded enormous power, former Speaker in the BRS government and Banswada MLA Pocharam Srinivas Reddy is now struggling to cope with life after power. After joining the Congress following the BRS’ drubbing, he is facing stiff opposition in the now-ruling party with former MLA and Banswada constituency Congress in-charge Enugu Ravinder Reddy raising his voice against Pocharam alleging autocratic attitude. Party leaders from lower rungs too are reported to be upset at Pocharam’s attitude and all of this apparently has now come to a stage where the former Speaker, according to the grapevine, is believed to be considering returning to the BRS.
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