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Stock market today: Wall Street ends little changed after giving up a big morning gain
GitLab Chief Financial Officer Brian Robins to Present at the Barclays 22nd Annual Global Technology Conference
Microsoft reported a massive outage Nov. 25 that crippled Microsoft 365 and affected users of Teams, Outlook, Calendars and Exchange on a global scale. Microsoft users reported frustration over not being able to complete their tasks at work and expressed concern that they were left without the ability to utilize their services. The Downdetector website showed that outages were first reported overnight, and there was a significant spike that was visible beginning at approximately 8:00 a.m., according to Deadline . There were around 4,350 complaints logged in the morning, with users complaining most about their inability to use Exchange. We’re investigating an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar. For more information, please refer to MO941162 in the admin center. — Microsoft 365 Status (@MSFT365Status) November 25, 2024 Microsoft updated users throughout the day by sharing information on their official X account. “Our targeted restarts are progressing slower than anticipated for the majority of affected users. An ETA for resolution will be provided as soon as available. Additional details can be found in the admin center under MO941162,” Microsoft wrote. They informed users that they had “started to deploy a fix” and were also “beginning manual restarts on a subset of machines that are in an unhealthy state.” They returned at approximately noon to say, “Our fix has reached approximately 98% of the affected environments and our targeted restarts required for mitigation are being performed as quickly as possible. Additional details can be found in the admin center under MO941162.” Our fix has reached approximately 98% of the affected environments and our targeted restarts required for mitigation are being performed as quickly as possible. Additional details can be found in the admin center under MO941162. — Microsoft 365 Status (@MSFT365Status) November 25, 2024 An update issued at nearly 2 p.m. notified users that the issue remained unresolved. “We’re facing delays in our recovery efforts and are taking immediate action to address them. We understand the significant impact of this event to your businesses and are working to provide relief as soon as possible,” Microsoft wrote. The tech giant assured users that the estimated time for resolution would be provided as soon as that information became available. We’re facing delays in our recovery efforts and are taking immediate action to address them. We understand the significant impact of this event to your businesses and are working to provide relief as soon as possible. More details can be found in the admin center under MO941162. — Microsoft 365 Status (@MSFT365Status) November 25, 2024 Customers affected by the outage shared a number of comments and memes as they aired their frustrations. “Just sayin gmail wouldnt do this,” one person wrote to X. Several other affected customers mocked Microsoft’s suggestion that only 2% of their users were affected. Come on! I can’t possibly be in the 2%. Fix this faster, you are costing me money — Kevin Lewis (@Poolmankase) November 25, 2024 “Come on! I can’t possibly be in the 2%. Fix this faster, you are costing me money,” one person said . The issues remain at the time of this writing.Empowered Funds LLC Has $693,000 Position in Columbia Sportswear (NASDAQ:COLM)Why Generative AI Is The Key To Next-Gen Customer Experience Solutions
Sports on TV for Tuesday, Nov. 26In a way, tariffs, sanctions and bans all boil down to one word: no. We’ve just had a month of “no”. No-vember, you could even say. But not all noes are the same. Tariffs, sanctions and bans are designed to achieve different things. This November, the words became confused, a scrambled negation. So it is with Donald Trump’s tariffs , promised during the election campaign as a way to protect American manufacturing interests in the face of competition from global trade. These promises spoke to the towns and cities gutted and citizens rendered jobless and hopeless as corporates offshored their business. They painted a picture of resurgent industry and innovation in America, leading to prosperity for working people. Trump’s tariff announcement wiped billions from the Australian sharemarket. Credit: The idea of tariffs has economists in a flap. As you are sure to have heard them patiently, if condescendingly, explain by now, tariffs are really taxes on consumers in the country that imposes them. They make imported goods more expensive, lowering the overall buying power of the average punter. In an economists’ paradise, our interests would be best served by removing trade barriers entirely and letting every country produce according to its ability and sell to others according to their need. Unfortunately, humanity has proven unworthy of this lofty ideal. In the real world, there are wars and chaos. In this world, a tariff can serve a strategic purpose – for instance, a country might put a tariff on the import of milk to protect its local milk producers. This ensures it always has access to the nutritious comestible, even if supply chains are cut off or relations with the supplying nations sour. Loading Trump isn’t yet president again, but he’s already described the tariffs he actually plans to make policy. When he gains office, at the end of January next year, he will slap a 25 per cent tariff on all goods imported from Canada and Mexico, along with another 10 per cent tariff on China. But here’s the perplexing thing: the purpose of these so-called tariffs is not to protect US industry (at least not any legal one) from cheaper goods from overseas. The tariffs Trump has announced since winning have been focused on curbing the importation of illegal drugs and stopping immigrants entering the US without permission. Trump posted on his social media platform, Truth Social, that his tariffs “will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” Which reveals the problem: the word tariff doesn’t mean what Trump thinks it means. A tariff levied on all goods for the purposes of forcing a country to comply with international rules, such as respect for borders and prohibitions on narcotics, is not a tariff at all. It’s a sanction. Sorry, not sorry, for splitting that hair. Confounding tariffs and sanctions is a serious matter, which will lead to poor policy outcomes and worse living conditions for your average world citizen. Only pedantry can save us now. Loading It could save sex, too, and the joy of human relations. To celebrate this No-vember, American women unhappy with Donald Trump’s win imported the 4B movement from South Korea. The name translates to the Four Noes – because adherents say no to dating men, no to marrying men, no to having sex with men, and no to having children with men (which presumably means no entirely to the last, given the tricky gamete situation faced by our dioecious species). This is a classic case of imposing a sanction where a tariff would be better suited. It must be assumed that the women committing themselves to 4B are heterosexual women (otherwise there’s nothing to give up) who have decided, on the basis that some men have political or social attitudes that they disagree with, to place sanctions on the entire gender. Not only is this a neat illustration of the fact that sanctions can also have consequences for the sanctioning party – these women are denying their own urges to inflict a punishment on others – but it demonstrates the importance of choosing the right tariff, sanction or ban to achieve your objective. In this case, a tariff would be more beneficial. Instead of swearing off men entirely, heterosexual women (who want those things) could impose an extra cost on sex, dating, marriage and children by only engaging in those activities with men who treat women well and respect their physical autonomy. There are no rules that tariffs have to be levied in dollars and cents. Loading You could say that, before social norms changed, the tariff levied on sex used to be marriage; selecting for character was called being choosy. Sure, it’s harder to find a decent man than settle for one who’s handy, randy and willing. But as we’ve already established, while tariffs might protect something we consider desirable, they do it by making goods dearer for the consumer. At least, unlike sanctions, tariffs don’t render them unavailable entirely. So the power of pedantry to clarify the different types of “no” is crucial to getting the best out of national and social relations. But it could also create a better conversation around the so-called social media bans for under 16s. This legislation has been rammed through parliament just in time for parents to spend Christmas trying to explain it to their children. The trouble is, the ban is not a ban – it’s an attempt to respond to the damage that autoplay and algorithms are doing to attention spans and to discourage a scrolling spiral of harmful content. And that needs, somehow, to stop. Most people don’t necessarily want to ban social media; we want it to be better. Targeted modifications could help, but even more powerful would be a subscription fee that would force platforms to verify users through a credit card payment. So, yes, it would cost the consumer to fix social media. But if there’s one thing we can learn from this November, it’s that saying no – whether through tariffs, sanctions or bans – can, in the right circumstances, be worth the price. Parnell Palme McGuinness is managing director at campaigns firm Agenda C. She has done work for the Liberal Party and the German Greens. Save Log in , register or subscribe to save articles for later. License this article Trade wars Opinion Donald Trump Trump diplomacy China Parnell Palme McGuinness is managing director at campaigns firm Agenda C. She has done work for the Liberal Party and the German Greens. Most Viewed in Business Loading
Musk spent over a quarter of a billion dollars to help elect Trump
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Rahul Gandhi does not deserve to be Leader of Opposition: BJPThe Minister of State for Works, Bello Goronyo, has urged legal professionals to present themselves as key drivers in the ongoing fight against corruption and the promotion of the rule of law in Nigeria. The minister made the call in Sokoto State on Saturday during the Young Lawyers Forum Summit, organised by the Nigerian Bar Association, Sokoto branch, while highlighting the eight priority areas of President Bola Tinubu’s administration. He urged the lawyers to work hard and contribute their respective quotas toward the attainment of these noble objectives. “Nigeria’s legal system, like many around the world, faces serious challenges, ranging from inefficient justice delivery to the persistent need to curb judicial corruption and outdated laws that do not always reflect and address current realities. “As young lawyers, you must strive to build character and establish a name for yourselves. Equip yourselves with knowledge of the relevant provisions of the Legal Practitioners Act and the Rules of Professional Conduct for lawyers, which prohibit certain unethical conduct or practices among lawyers,” Goronyo said. The minister cautioned young lawyers against the ‘get-rich-quick syndrome,’ advising them to harness the opportunities available within the bounds of the law to positively impact the nation’s judicial and legal communities. Related News NLC proposes new minimum wage template to Sokoto govt Cholera kills 25 in Sokoto, 15 hospitalised Minimum wage: Sokoto asks NLC to submit proposal “Today, we have technology at our fingertips that facilitates and streamlines case management, enhances legal research, and makes your voices easily heard by potential clients. “This moment demands more than just knowledge and skills; it calls for vision, resilience, and a profound sense of purpose,” he added. In his remarks, the Chairman of the summit and Chief Judge of Sokoto, Justice Saidu Sifawa, admonished the lawyers to uphold the highest level of professionalism and avail themselves of opportunities to expand their knowledge in preparation for the tasks ahead. “The challenges young lawyers are facing today are more distressing, partly due to their relative youth in the profession. These challenges pose significant obstacles to their potential. As we gather here today, we must recognise the urgency of addressing these challenges and other issues that affect young lawyers, so we can harness our collective efforts to overcome them,” he said. Also speaking at the event, the General Officer Commanding the 8th Division of the Nigerian Army in Sokoto, Brig-Gen. Ibikunle Ajose urged the lawyers to use their legal knowledge to assist the less-privileged and marginalised members of society, uphold justice, and contribute to the betterment of society. On her part, the NBA Chairman of the Sokoto branch, Rasheedat Abubakar, reaffirmed the commitment of the branch to continue supporting young lawyers in their pursuit of professional excellence and career progression through discipline and knowledge acquisition.
