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The Gophers football program continued to address its needs along the offensive line on Saturday, getting commitments from Washington left tackle Kahlee Tafai and Kentucky left guard Dylan Ray out of the NCAA transfer portal. The U has four starters leaving after this season, including both tackles — Aireontae Ersery to the NFL Draft and Phillip Daniels in a transfer to Ohio State — and both senior guards Quinn Carroll and Tyler Cooper. The Gophers have added 13 total players through the transfer portal, including right guard Marcellus Marshall (Central Florida). Tafai Tafai, who is listed at 6-foot-5 and 330 pounds, moved into the Huskies’ starting lineup during his freshman season in 2024. He has three years of eligibility remaining. A native of Lawndale, Calif., Tafai played 267 offensive snaps in the Big Ten last season but had a low 38.5 overall grade from Pro Football Focus in his first extensive college experience. He also played a few snaps at right tackle a year ago. Ray Ray, who is listed at 6-6 and 310, has played more than 1,000 snaps over the last two seasons for Kentucky after beginning his career with two years at West Virginia. He started 10 games for the SEC program in 2023, but only two last year. The Noblesville, Ind., native had a near-average grade of 57.5 from PFF in 2024. He has one year of eligibility remaining for the U next fall.
'No special treatment' for YingluckNo. 22 Syracuse looking for 10 wins in 1st year under Fran Brown against depleted Washington State
The Latest: Suspect in United Healthcare CEO's killing charged with weapons, forgery, other chargesStocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda’s U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points, or 0.1% as of 3:40 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.8%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.3%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1.2%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 13.4%, while Nissan slipped 0.2%. Eli Lilly rose 3.5% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.6% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets were mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.
Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions WASHINGTON (AP) — Donald Trump says he can’t guarantee his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers. And he's suggesting once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect made the comments in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday. He also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming BRUSSELS (AP) — Europe's economy has enough difficulties, from tepid growth to trade tensions with the U.S. Dealing with those woes is only getting harder due to the political chaos in the two biggest European countries, France and Germany. Neither has a government backed by a functioning majority, and France could take a while yet to sort things out. But some problems aren't going to wait, such as what to do about U.S. President-elect Donald Trump's America First stance on trade and how to fund stronger defense against Putin's Russia. ‘Moana 2’ cruises to another record weekend and $600 million globally “Moana 2” remains at the top of the box office in its second weekend in theaters as it pulled in another record haul. According to studio estimates Sunday, the animated Disney film added $52 million, bringing its domestic total to $300 million. That surpasses the take for the original “Moana” and brings the sequel's global tally to a staggering $600 million. It also puts the film in this year's top five at the box office. “Wicked” came in second place for the weekend with $34.9 million and “Gladiator II” was third with $12.5 million. The 10th anniversary re-release of Christopher Nolan's “Interstellar” also earned an impressive $4.4 million even though it played in only 165 theaters. Federal appeals court upholds law requiring sale or ban of TikTok in the US A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok as soon as next month, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law - which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — is constitutional, rebuffing TikTok’s challenge that the statute ran afoul of the First Amendment and unfairly targeted the platform. TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court. Executive of Tyler Perry Studios dies when plane he was piloting crashes in Florida ATLANTA (AP) — The president of Atlanta-based Tyler Perry Studios has died when the small plane he was piloting crashed on Florida’s Gulf Coast. The studio confirmed on Saturday that Steve Mensch, its 62-year-old president and general manager, had died Friday. The crash happened in Homosassa, about 60 miles north of Tampa. Photos from the scene show the plane having come to rest upside down on a road. Mensch helped advocate for Georgia’s film tax credit of more than $1 billion a year. Perry hired Mensch to run his namesake studio in 2016. Mensch died as Perry released his war drama, “The Six Triple Eight." The film was shot at the Atlanta studio. US added a strong 227,000 jobs in November in bounce-back from October slowdown WASHINGTON (AP) — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. The government also revised up its estimate of job growth in September and October by a combined 56,000. Friday’s report also showed that the unemployment rate ticked up from 4.1% in October to a still-low 4.2%. The November data provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession. Stock market today: Wall Street hits more records following a just-right jobs report NEW YORK (AP) — U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq composite climbed 0.8% to set its own record. Treasury yields eased after the jobs report showed stronger hiring than expected but also an uptick in the unemployment rate. Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass NEW YORK (AP) — In an era when online anger and social tensions are increasingly directed at the businesses consumers count on, Meta last year spent $24.4 million to surround CEO Mark Zuckerberg with security. But the fatal shooting this week of UnitedHealthcare CEO Brian Thompson while walking alone on a New York City sidewalk has put a spotlight on the widely varied approaches companies take to protect their leaders against threats. And experts say the task of evaluating threats against executives and taking action to protect them is getting more difficult. One of the primary worries are loners whose rantings online are fed by others who are like-minded. It’s up to corporate security analysts to decide what represents a real threat. Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward NEW YORK (AP) — Nearly four days after the shooting of UnitedHealthcare CEO Brian Thompson, police still do not know the gunman’s name or whereabouts or have a motive for the killing. But they have made some progress in their investigation into Wednesday's killing of the leader of the largest U.S. health insurer, including that the gunman likely left New York City on a bus soon after fleeing the scene. The also found that the gunman left something behind: a backpack that was discovered in Central Park. Police are working with the FBI, which on Friday night announced a $50,000 reward for information leading to an arrest and conviction. USDA orders nationwide testing of milk for bird flu to halt the virus The U.S. government has ordered testing of the nation’s milk supply for bird flu to better monitor the spread of the virus in dairy cows. The Agriculture Department on Friday said raw or unpasteurized milk from dairy farms and processors nationwide must be tested on request starting Dec. 16. Testing will begin in six states — California, Colorado, Michigan, Mississippi, Oregon and Pennsylvania. The move is aimed at eliminating the virus, which has infected more than 700 dairy herds in 15 states.Oregon's Dillon Gabriel, Colorado's Travis Hunter, Boise State’s Ashton Jeanty and Miami's Cam Ward were announced as the Heisman Trophy finalists on Monday night. The Heisman has been given to the nation’s most outstanding college football player since 1935. This year’s winner will be announced Saturday in New York. The top four vote-getters determined by more than 900 voters are selected as finalists. The voting panel includes members of the media and former Heisman winners. Recommended Videos A look, in alphabetical order, at each of the finalist’s road to Manhattan. Gabriel Gabriel, who transferred from Oklahoma in the offseason, led unbeaten and top-ranked Oregon to the Big Ten championship in its first year in the league and the No. 1 seed in the College Football Playoff. Gabriel averages 274 yards passing per game and has thrown for 28 touchdowns with six interceptions. His 73.2% completion rate is second in the nation. His 35 total touchdowns are tied for seventh nationally, and his career total of 187 is the highest in NCAA history. He set the all-time Football Bowl Subdivision record for career quarterback starts with his 62nd in the Big Ten title game. Hunter Hunter, will go down as one of the great two-way players in history. His accomplishments harken those of Charles Woodson, the Michigan cornerback who in 1997 became the first Heisman winner who primarily played defense. Woodson also spent time at receiver, but Hunter’s offensive production dwarfs his. Hunter was named All-Big 12 first-team receiver and earned honorable mention for offensive player of the year. He leads the Big 12 with 92 receptions and 14 receiving touchdowns and is second with 1,152 yards. His 21 receiving plays of 20-plus yards lead the nation. He also is Big 12 defensive player of the year and a unanimous first-team defensive back after recording 31 tackles, tying for the Big 12 lead with 11 pass breakups and tying for second with four interceptions. Jeanty The junior running back has had one of the most productive seasons in college football history. His 2,497 yards rushing are the fourth-highest single-season total in the FBS, and his 192.1 yards per game lead the nation and are 58 more than the next highest average. Jeanty has rushed for at least 125 yards in 13 straight games. Jeanty has gone over 200 yards in his last two games and a total of six times this season. He averages 7.26 yards per cary, and his 344 attempts are the most in the FBS in two seasons. He and Army’s Bryson Daily share the national lead with 29 rushing touchdowns. Ward The Miami quarterback was named Associated Press offensive player of the year and newcomer of the year in the Atlantic Coast Conference on Monday. He leads the nation with a school-record 36 passing touchdowns and his 4,123 passing yards , 4,319 total yards, 343.6 passing yards per game and 41 total touchdowns rank second. Ward leads the nation's highest-scoring offense (44.2 ypg). He became the first Miami quarterback to post seven straight 300-yard games, and he has 10 games with 300-plus yards and three or more TD passes. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballAES Announces 2% Increase in Quarterly Dividend
SAN DIEGO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Five9, Inc. (NASDAQ: FIVN) securities, including call options, between June 4, 2024 and August 8, 2024. Five9 provides software for a cloud-based contact center. For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Five9, Inc. (FIVN) Misled Investors Regarding its Sales Execution and Efficiency Issues According to the complaint, during the class period, defendants failed to disclose that: (i) Five9’s net new business was not “strong irrespective of the macro” and was, in fact, hampered by macroeconomic issues such as constrained and scrutinized customer budgets; (ii) Five9 was in the midst of a challenging bookings quarter due, in part, to sales execution and efficiency issues, and the Company was not “seeing very strong bookings momentum”; and (iii) Defendants did not have “enough information in terms of [their] existing customers that are going live” such that the statements that Five9 would see a positive inflection in its dollar-based retention rate lacked a reasonable basis. Plaintiff alleges that on August 8, 2024, Five9 released its second quarter 2024 financial results in which the Company reduced its annual revenue guidance due to “recent bookings trends and the uncertain economic conditions.” During the earnings call held that same day, the Company revealed it “had a challenging bookings quarter” due to “constrained and scrutinized” customer budgets and sales execution issues. Defendants announced remedial changes to address Five9’s sales execution and efficiency issues. It was further revealed that “Q2 new logo bookings came in softer than expected” and that the Company was “no longer assuming” a dollar-based retention rate inflection in the second half of the year because of a “more muted seasonality in our service bookings[.]” On this news, Five9’s common stock price dropped over 26%, from $42.47 per share on August 8, 2024 to $31.22 per share on August 9, 2024. What Now : You may be eligible to participate in the class action against Five9, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by February 3, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Five9, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1fe5526f-ab2a-4e9b-b72d-5bc1058e1011
Traditional medicine practitioners must preserve and protect cultural heritage of traditional medicines
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ARLINGTON, Va. , Dec. 6, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 2% in the Company's quarterly common stock dividend, from $0.1725 per share to $0.17595 per share, beginning in the first quarter of 2025. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
CRKN stock touches 52-week low at $0.71 amid sharp annual declineTonight at 8 PM Eastern , expert oil and gas analysts will debate the future of the energy sector in a live , premium-only event only on ZeroHedge. Join us for a deep dive, featuring two highly respected strategists with contrasting views: Paul Sankey, the bear, and Josh Young, the bull. Paul Sankey is a renowned oil analyst with over three decades of experience, known for his independent and bold market calls. Sankey founded Sankey Research in 2020. His current outlet, oil price to decline for the following reasons: Global Supply Stabilization : While oil prices are currently high, there is limited price elasticity of supply, meaning higher prices have not led to increased production, especially from major oil producers like Saudi Arabia and OPEC+. Venezuela Production Resumption : The Biden administration has granted Chevron a license to resume oil production in Venezuela, which could add 200,000 barrels per day back into the market, easing supply concerns. OPEC+ : Political instability in countries like Iran and Venezuela, along with the ongoing protests in China, could have mixed effects on the oil market. However, OPEC+ may respond by adjusting their production strategies, potentially leading to a price correction. Strong U.S. Market Fundamentals : Despite bearish sentiment, the U.S. has emerged strong from mid-term elections, with global energy crises providing a backdrop for continued demand, although high oil prices may still encourage supply adjustments. Josh Young, Chief Investment Officer at Bison Interests , brings nearly two decades of expertise in oil and gas investing. Even with a Trump “drill baby drill” win , he remains as a strong advocate for the bullish potential of the oil and gas industry, particularly within the E&P space. Demand Outpaces Supply in 2024: Global oil demand has exceeded supply by 0.58 mbd (million barrels per day), leading to unexpected inventory draws and lower U.S. oil stock levels, which are at a 20-year low. Slowing Non-OPEC Production Growth: Growth in non-OPEC production is slowing, with key sources like the Permian Basin and Guyana contributing less in 2025 compared to previous years, leaving a production shortfall. Rising Demand in Developing Economies: Stronger-than-expected demand growth, particularly from India and China, is putting additional strain on global oil supply. China's record oil imports are a key factor. Market Tightness and Price Volatility: With continued demand growth and production struggles, oil supply shortages could persist, leading to significant price volatility, similar to the 2020-2022 price surge. Potential Geopolitical Risks: Ongoing geopolitical tensions, like potential disruptions in the Middle East, could further tighten oil supplies and push prices higher. The “Macro Tourist” Kevin Muir — a former RBC trading desk strategist and author of a great macro newsletter — will moderate the debate with his broad market knowledge and over three decades of trading experience. - Will the Trump Administration be bullish for oil and gas? - How will conflict in the Middle East impact prices? - Is the Green New Deal movement dying? Tune in to the live debate exclusively on ZeroHedge’s front page , available only to premium and professional subscribers. If you have not already done so, subscribe here to get unique insights on how you should be trading energy into 2025. Any strategist can talk their book. See how they perform under scrutiny only on ZeroHedge.
Property forecast: rental market uncertain heading into 2025