fortune of ox in 2024
2025-01-08   

Oil climbs 1% to 3-week high as more sanctions loom on Russia, Iranfortune of ox in 2024 。

There are now fewer than 1000 households living in emergency housing - a 68 percent drop since December, Associate Housing Minister Tama Potaka says. At the end of last year there were 3141 households in emergency housing, and that plummeted to 993 by the end of October. Spending on emergency housing had also reduced from $31.6 million in October last year to $10.7m in October this year. "National campaigned on a promise to deliver real change for people stuck in emergency housing and we are delivering on that promise," Potaka said. The progress was down to the introduction of a new 'Priority One' fast track policy in April that saw households with children move to the top of the social housing waitlist, he said. "Since then, 786 households including 1608 tamariki who were in emergency housing have been placed in social housing through the Priority One pathway." The government also made changes in August that made emergency housing harder to get into, and harder to stay in. People must now prove they meet the criteria for the housing, and meet certain obligations while they are living there. Labour's housing spokesperson Kieran McAnulty argued that was the reason for the drop in emergency housing numbers. "The need hasn't reduced, but applications have," he said. "People don't tend to apply if they know they won't qualify under the new rules." The rate of applications being declined had also spiked. Between 2019 and the end of last year, the percentage declined in a month had never been higher than 3.8 percent - but it leapt to 10 percent in August. Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.The Washington Commanders released 2023 first-rounder Emmanuel Forbes on Saturday, cutting ties with another high draft pick from the previous regime. All of previous coach Ron Rivera's first-rounders — including edge rusher Chase Young in 2020, linebacker Jamin Davis in ‘21 and wide receiver Jahan Dotson in '22 — are now gone. Forbes never showed progress to the new staff led by coach Dan Quinn and was a healthy scratch twice this season and did not play in two other games during which the 23-year-old was in uniform. It's unclear if Forbes' release means anything about the status of cornerback Marshon Lattimore , the Commanders' trade deadline pickup in early November who still has not played for them because of a hamstring injury. Lattimore was listed as doubtful for Washington's home game Sunday against Tennessee. The Commanders (7-5) also put running back Austin Ekeler on injured reserve because of a concussion . They elevated kicker Zane Gonzalez and defensive tackle Carl Davis from the practice squad in preparation for facing the Titans (3-8). Washington has lost three in a row to fall from first place in the NFC East to the conference’s final wild-card spot. The most recent loss, last weekend against division rival Dallas, came when Austin Seibert missed his second extra point of the game, which would have tied it with 21 seconds left. Seibert went on IR earlier in the week with a groin injury that Quinn said the kicker reported Monday. While injuries have piled up as the Commanders await their late bye week, the choice of Forbes has been second-guessed since the moment Rivera's front office chose the 166-pound Mississippi State defensive back with the 16th pick over Christian Gonzalez and others. Gonzalez was selected next, by New England, and has started 16 games for the Patriots. Forbes was benched last season by Rivera, who was in charge when Washington selected Davis ahead of offensive lineman Christian Darrisaw in '21 and traded down to take Dotson the following year instead of safety Kyle Hamilton or receiver Chris Olave. Forbes has two interceptions and 12 passes defensed in 20 games. AP NFL: https://apnews.com/hub/nfl

SUZHOU, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a leader and disruptor of the digital corporate learning industry in China, today announced changes to its senior management team. Mr. Teng Zu has resigned from his position as the chief executive officer (“CEO”) due to personal reasons, effective today. Mr. Zu’s resignation did not result from any disagreement with the Company. In addition, the board of directors of the Company (the “Board”) appointed Mr. Zu as the vice chairman of the Board, effective today. Mr. Zu will remain with the Company as a director and the vice chairman of the Board. Following this transition, the Board has appointed Mr. Xiaoyan Lu, the Company's director, founder, and chairman of the Board, to serve as the CEO of the Company, effective today. Mr. Lu will continue his role as chairman of the Board. Additionally, the Board has appointed Mr. Yazhou Wu, the Company's chief technology officer (“CTO”), to the additional role of chief operating officer (“COO”). In this expanded capacity, Mr. Wu will oversee the Company’s overall operational management while continuing his technology leadership role. “I am honored to return as CEO at this pivotal time,” said Mr. Xiaoyan Lu. “Mr. Zu has built a strong foundation in digital corporate learning, and I am confident that with our enhanced management structure and dedicated team, we are well-positioned to accelerate our growth strategy. We remain committed to driving innovation in digital corporate learning and creating lasting value for our stakeholders.” Safe Harbor Statements This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. About YXT.com As a technology company, YXT.com provides corporations with digital corporate learning solutions, including SaaS platforms, learning content, and other services. YXT.com is a leader and disruptor of the digital corporate learning industry in China. Established in 2011, YXT.com has supported Fortune 500 companies and other leading companies with their transformation and digitalization of learning and development, and has received recognition, respect and recurring business. Contact Robin Yang ICR, LLC YXT.IR@icrinc.com +1 (646) 405-4883

FORT WORTH, Texas (AP) — TCU leading scorer Frankie Collins will miss the rest of the season because of a broken bone in his left foot, the school said Friday. The 6-foot-2 senior guard, in his first season at TCU after spending the past two at Arizona State, is scheduled to have surgery Tuesday in Dallas. Collins leads the Horned Frogs (5-4) with 11.2 points and 4.4 assists per game. He also averages 4.4 rebounds per game. TCU said Collins broke his foot in the first half of its 83-74 loss to Vanderbilt last Sunday. He still played 35 minutes, finishing with six points and seven assists. Collins played 31 games as a freshman for Michigan's NCAA Sweet 16 team in 2021-22 before transferring to Arizona State. He started all 32 games last season for the Sun Devils, averaging 13.6 points, 4.4 rebounds and 3.2 assists per game. He could potentially get another college season through a medical redshirt. Arizona State is in its first Big 12 season. It will host TCU on Feb. 15. AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-pollWhat we can VERIFY about Trump’s plan to use the military to support mass deportationsMajor stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7% and Google parent Alphabet slid 1.1%. Among the market's other decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.

4-billion-year-old mineral offers clues about Mars’ steaming hot pastBy Sani Abdullahi When the Federal Road Safety Corps (FRSC) was established 36 years ago in response to the pervasive menace of road traffic crashes in the country at the time, the founding fathers who were well known human rights activists and advocates of civility in law enforcement never saw any need to make provisions for use of arms by FRSC personnel in the enabling laws. Instead, they preferred a civil approach in the enforcement of traffic rules and regulations by which they believed that drivers would be civil enough to be persuaded by the efficacy of education, which the marshals would give them and their convictions about the rightness of the marshals’ actions would make them to willingly obey traffic rules and regulations without resistance. That civil approach they preferred was devoid of any coercive instruments in traffic management and safety administration and, although novel in the history of law enforcement in Nigeria, it was nevertheless given a try by the then military government, which bought into the ideas as canvassed by the founding fathers, championed by the founding chairman of the FRSC board, Nobel laurent, Professor Wole Soyinka. That was why the original FRSC enabling laws, known as Decree 45 of 1988, made no provisions for either the use of firearms by the FRSC or gave thought to any defensive mechanisms that marshals could rely upon whenever faced with adverse situations by drivers and members of the public. Relying on the use of education and public enlightenment as instruments of authority and potent tools in attitudinal change, therefore, continued to remain the guiding principle in managing drivers and public reactions to the corps’ operational activities over the years. It, however, did not take long after the commencement of full enforcement of the laws by the corps in 1989 following the full year of public enlightenment in 1988 when it became obvious that drivers were not going to exhibit civil traits in their reactions to the demands for enforcement as earlier thought. Thus, cases of knockdowns of patrolmen, violent attacks, destruction of their patrol vehicles and damage to buildings as well as use of various tactics to intimidate, harass and ridicule the personnel operating with civil convictions became daily occurrences, with recorded cases of loss of lives as patrol activities intensified nationwide. As the situation degenerated across the country, with threats of further violence on the personnel becoming obvious, the Federal Military Government was left with no opinion but to change its mind against the civil approach five years later when it approved firearms for the corps in the amendment to the original Decree 45 in 1992. Accordingly, provisions for arms for the corps were made in the 1992 amendment decree, otherwise referred to as Decree 35 of 1992. In giving impetus to the new approach, Major General Haldu Anthony Hananiya, who took over the mantle of leadership of the FRSC from the pioneer Corps Marshal, Dr. Olu Agunloye, in 1994, did not hide his preference for the military face of the corps. For instance, he introduced some semblances of military orientation, including the wearing of uniform by all categories of staff, sending some senior officers as well as marshals on arms training at some military institutions, while making parade and other traditional practices associated with paramilitary organizations fully entrenched in the system. Meanwhile, the corps’ uniform that used to be round collars to symbolize civility was changed to the normal collar type commonly worn by every paramilitary agency in the country even as the Eagle was superimposed on the Owl which was standing conspicuously on the corps’ logo to give a more distinct outlook for the FRSC. It must, however, be noted that despite all the arrangements made by General Hananiya throughout his first tenure, and even when he returned in his second sojourn, arms were actually never introduced into the operational strategies of the corps as at 2007 when he finally left, against the extant provisions in the FRSC laws. The status quo on the provision of arms for the corps remained till the emergence of civil democratic rule in 1999 when the military decrees were abrogated and re-enacted by the National Assembly with the FRSC enabling laws becoming the Establishment Act 2007. Even then, the provisions for arms for the corps were retained under Section 19 of the act. Evidently, from the 1992 amendment decree, which first introduced arms bearing to the FRSC, to the current 2007 Establishment Act, and despite the relevant training and reorientation programmes organized by the corps under successive corps marshals in the face of incivility to the personnel as well as damage caused to the facilities of the organization by various antagonists, the corps has continued to operate without recourse to arms or plans on how to react defensively to violence by drivers and members of the public. According to result of survey covering 2016, which was recently released, FRSC personnel have been enduring various provocations from drivers and misguided members of the public. These, according to the survey, included 1,266 violent attacks, 132 assault cases, 35 cases of abduction, 21 armed attacks and 82 mob attacks. Others were 107 knockdowns, 23 cases of harassment, 20 kidnappings and 46 killings even as the personnel continued to bear the brunt. This is against the fact that law enforcement anywhere in the world involves use of some coercive instruments, bearing in mind that majority of the offenders, even in the most advanced and civilized societies hardly submit themselves willingly all the times to law enforcement officers, unless there is evident fear of sanctions and threats of consequences of their act of violence against the enforcers. Moreover, no state will sit back to allow sustained acts of violence, intimidation and humiliation to its men in uniform, knowing that uniform, by its social values represents the presence of the state wherever the personnel appear on them. Consequently, personnel on uniform must always be respected and protected by the citizenry. It was with that spirit in mind that provisions to arm the FRSC personnel against the organization’s original civil outlook were made 32 years ago as reflected in the abrogated Decrees and the FRSC Establishment Act 2007 which is being amended by the National Assembly with proposals for the setting up of special armed squads for the Corps. In reality, the sustained aggression, violence and unprovoked intimidation by the civil populace against the personnel of the FRSC carrying out their legitimate duties of creating safer road environment is most condemnable and uncivilized. That’s why the consensus among some security analysts in the country is that, the once glamorized civility of the FRSC which made its personnel so vulnerable to various attacks and incapable of defending themselves is no longer tenable under the present circumstances, and must therefore, give way to a new orientation that can enhance the Corps’ capacity to carryout its statutory responsibilities most effectively without threats of attack. This, they said, is the panacea for guaranteeing greater safety and security on the nation’s highways. • Abdullahi is the Deputy Corps Commander in charge of Strategy in the Corps Marshal’s office.

B.C. NDP government, Greens forge confidence agreement with 'shared priorities'He is the “Builder Governor.” The lasting impression of Eric Holcomb’s eight-year tenure as governor could be measured on what he built, and how he did so and with the steady assets he had at his command. He calls it the “new Indiana” emerging under his watch. He finished Interstate 69 to Evansville, including the hard part through suburban Johnson and Marion counties, with the new Ohio River bridge into Kentucky sited. He completed the $600 million double-tracking of the century old South Shore Line from Chicago to South Bend at the West Lake spur line. There’s the new $1.2 billion prison at Westville the state is paying cash for. There is the new combined $655 million Indiana Deaf and Blind School campus, the new Fall Creek Pavilion at the State Fairgrounds, the new State Archives Building, as well as the first new state park lodge being built in 85 years. There is the combined $300 million Gov. Holcomb is funneling into the 92 county health departments. There’s the amicable IUPUI divorce with twin campuses rising up just blocks from the state capital. As the governor drove from Culver to Potato Creek State Park this month to monitor the first new lodge since 1939 after the initial groundbreaking 14 months prior, Holcomb told Howey Politics, “I want to be graded and measured on the results, not the rhetoric. We don’t just want to build trails, we want to be the trail leader. We want to finish I-69. “We want to stay state-focused on always trying to do big things,” Holcomb continued. It will take a decade or so to fully know the impacts of Holcomb’s eight years in office. He spent a decade as an apprentice to Gov. Mitch Daniels, serving as deputy chief of staff. While running a campaign for U.S. Senate, Gov. Mike Pence plucked him from relative obscurity to replace Lt. Gov. Sue Ellspermann in March 2016. Four months later after Pence joined the Donald Trump presidential ticket, Holcomb won a second-ballot Republican Central Committee nomination, launching a 106-day come-from-behind victory over Democrat John Gregg. Holcomb had unusual assets. He’s the only Hoosier governor to serve with Indiana General Assembly supermajorities for both entire terms. Earl Goode, his only chief of staff, is finishing an unprecedented 14 years at that job. He signed the most far-reaching abortion restrictions in state history. Holcomb’s Indiana received a stunning $6.7 billion from the Biden administration’s Bipartisan Infrastructure Law, including $868 million for rural broadband expansion and $100 million for electric vehicle charging stations. He never had to deal with a recession. The state’s jobless rate was always below 5%. The Holcomb administration has, so far, been scandal free. The result is what Holcomb calls an emerging “New Indiana.” “For us, when you look at the progress we’ve made across the economic development front, the workforce development front and the community development front, Indiana is a new Indiana,” he said. “We have a New Albany, a New Haven, New Castle, New Carlisle and there truly is almost a new Indiana when you think about our health innovation industry, LEAP, manufacturing of isotopes and planned genetics and where we’re taking life sciences and the future of mobility being determined here. We’re working on small modular nuclear reactors. Being in a center of the country gives us an advantage of being in the core.” And there were galactic challenges. He faced two pandemics, the first was the opioid crisis and a triple-digit increase in overdoses. Then came the COVID-19 pandemic that resulted in shutting down much of society in late March 2020 for several months. Two million Hoosiers were infected and 26,115 died during the most lethal public health episode in state history. There was no written pandemic plan on the shelf other than for the flu. “We were transparent and very accessible,” Holcomb said of the weekly web-streamed press conferences that he held with state health officials such as Commissioner Dr. Kristina Box and Dr. Lindsay Weaver. “It was like Indiana went to Oz and when the curtain was pulled back and they got to see their government, which was just like them,” Holcomb said. Despite the criticism from Republicans like Secretary of State Diego Morales, who said he had overstepped his authority during the pandemic, Holcomb won reelection with 1.7 million votes (56.5%). “I had all kinds of people tell me politically this is going to be the end of me and, lo and behold, we got more votes than anyone who has ever run for governor in the history of this state, still to this day, by the way,” he said. What was the most surprising or gratifying thing he witnessed or learned? “To learn of the innovation and ingenuity that comes off the family farm or the family factory floor or the small business that has been taken to scale by someone needing to solve a problem on a bigger scale,” he said. His biggest disappointment? “I would have liked to see pregnancy accommodations done for the state, not just state government,” Holcomb said. What wisdom would he impart to a future governor? “Approach with the attitude that every day you’re gonna learn if you stay connected to the ground,” he said, adding that in “remaining humble” he was “courageous and forward-looking, understanding you are not going to please everybody all the time.”FILE PHOTO: Nov 15, 2024; Arlington, Texas, UNITED STATES; Mike Tyson (black gloves) fights Jake Paul (silver gloves) at AT&T Stadium. Mandatory Credit: Kevin Jairaj-Imagn Images/File Photo "Prince" Lucas Bahdi has signed with Jake Paul's Most Valuable Promotions after fighting on the undercard of Paul's main event against Mike Tyson last week. Bahdi, a 30-year-old lightweight out of Canada, improved his record to 18-0 with 15 knockouts with a decision victory over previously undefeated Armando Casamonica (14-1, 3 KOs) on the Nov. 15 card. That followed a knockout win over H2O Sylve on the main card of the Jake Paul-Mike Perry fight in July. Bahdi is undefeated since making his professional debut in 2019, winning his first 11 fights by knockout. "Signing with an innovative promoter, who puts fighters first, is one of the goals I've been working towards since I turned professional in 2019," Bahdi said in a statement. "I'm thrilled to be joining the Most Valuable Promotions team because I know that Jake Paul's vision for boxers' careers inside the ring and outside the ring will take me to where I want to be... a world champion and a star. "Fighting on the Paul vs. Tyson undercard was just the beginning. I'm excited to keep showing the world what I've got." --Field Level Media REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now

The city of Bryan achieved record-breaking hotel revenues in November 2024 at $4.42 million, according to a city news release. The hospitality sector in Bryan has witnessed a significant uptick in occupancy rates and average daily rates, reflecting the city's economic development efforts. Aided by the return of the Texas A&M-Texas game in November, demand was up 14.8% year over year and was the highest average daily rate on record in Bryan at $143 per night. Prior to November 2024, October 2024 was the highest month on record at $4.28 million and October 2023 was the next highest at $4.14 million in revenue. These figures only reflect hotel revenue and do not reflect short-term rentals. "It's exciting to see this type of growth in Bryan's hotel industry. While the rivalry football game helped increase revenues, the key driver of this new growth is due to the opening of The LaSalle Hotel in Downtown Bryan," said John Friebele, executive director of Destination Bryan.

Stock market today: Wall Street wavers at the start of a holiday-shortened week

NEW YORK: Wall Street’s main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks. Broadcom and Nvidia provided the biggest boost to the indexes, advancing 2.7 percent and 0.7 percent, respectively, while Consumer Discretionary and Technology led gains among S&P 500 sectors. Global stocks mostly pushed higher on Tuesday in thin Christmas Eve trade as investors waited to see if a so-called Santa Claus rally would sweep the market. “Santa Claus comes tonight, but if stock market participants are lucky he will start sprinkling some gifts today, which marks the official start to the ‘Santa Claus Rally’ period,” said Briefing.com analyst Patrick O’Hare. With few major catalysts, thin trading volumes expected in the final days of the year raised the prospect of choppy trading. Stock markets will at 1 pm ET on Tuesday and will be closed for Christmas on Wednesday. At 09.42 am the Dow Jones Industrial Average rose 32.38 points, or 0.08 percent, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36 percent, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59 percent, to 19,881.43. “Investors are breathing a sigh of relief that maybe the hawkish rate cut last week combined with the softer PCE reading indicate that inflation is not that big of a re-emerging threat,” said Sam Stovall, chief investment strategist of CFRA Research. “As a result, maybe this market will end up creeping higher between now and the end of the year.” After a stellar run to record highs following the November election, which sparked hopes of pro-business policies under US President-elect Donald Trump, Wall Street’s rally hit a bump this month as investors grappled with the prospect of higher interest rates in 2025. The US Federal Reserve eased borrowing costs for the third time this year last Wednesday, but signaled only two more 25-basis-point reductions next year, down from its September projection of four cuts, as policymakers weigh the possibility of Trump’s policies stoking inflation. Traders expect the Fed to leave rates in the range of 4 percent to 4.25 percent by the end of 2025, from between 3.75 percent and 4 percent about 10 days ago, according to CME’s FedWatch tool. US stock markets have traditionally fared well in the last five trading days of the year and the first two in the new year, with experts advancing a number of possible reasons as the festive holiday mood and purchasing ahead of the end of the tax year. “It looks like Santa Claus’s sleigh will be a little slow getting off the ground, but he would be the first to tell you that it isn’t how he starts, it’s how he finishes,” added O’Hare. There was little news to push trading in the half-day trading session in New York. Shares in American Airlines fell more than two percent as trading got away after a technical issue forced the world’s largest carrier to ground all its US flights for an hour during the busy year-end travel period. The airline and the Federal Aviation Administration have yet to describe the nature of the technical issue. In Europe, Paris’s CAC 40 closed higher in a pre-holiday short session while Frankfurt was closed all day. London also closed in the green, despite a week clouded by lacklustre economic data that is “stoking concerns about the UK’s slowing momentum heading into the new year,” said Matt Britzman, senior equity analyst at Hargreaves Lansdown. Hong Kong and Shanghai stock markets closed up over one percent, as China announced fresh fiscal measures to boost its ailing economy. On Tuesday, state media reported that China will raise its deficit in order to boost spending next year, as the world’s second-largest economy battles sluggish domestic consumption, a property crisis and soaring government debt. In company news, Honda shares closed more than 12 percent higher after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion), as it enters merger talks with struggling rival Nissan. The talks on collaboration between Honda and Nissan would create the world’s third-largest automaker, expanding development of EVs and self-driving tech. Honda’s CEO insisted it was not a bailout for Nissan, which announced thousands of job cuts last month and reported a 93 percent plunge in first-half net profit. — Agencies

Windows 10's farewell tour – not AI PCs – set to drive laptop sales in 2025BY Michael Grothaus2 minute read Shares in the semiconductor giant Broadcom (Nasdaq: AVGO) are urging in early market trading this morning after the company announced its Q4 2024 earnings, in which it revealed that its AI revenue skyrocketed 220%. At the time of this writing, AVGO shares are up over 20%, and with their rise, Broadcom is now the latest tech giant to surpass a trillion-dollar market cap. Here's what you need to know. Broadcom's Q4 2024 results What's interesting about Broadcom's Q4 results—especially with today's stock surge—is that the company didn't have a blowout quarter beyond all expectations. As a matter of fact, when it came to revenue, Broadcom actually produced less than many analysts expected for the quarter. Here are Broadcom's most salient Q4 metrics: Total Revenue : $14.05 billion (up 51% from the same period a year earlier) Semiconductor solutions revenue: $8.2 billion Infrastructure software revenue: $5.8 billion : $14.05 billion (up 51% from the same period a year earlier) Net income: $4.3 billion $4.3 billion GAAP diluted EPS: 90 cents While the 51% growth in total... Michael GrothausTrae Young, Hawks hoping to win big in Vegas at the NBA Cup semifinals

Blake Snell, Dodgers agree to five-year, $182M contract: ReportsBow River Law LLP Welcomes Alexis Sine as an Associate Lawyer to Its Growing Calgary Team

Forexlive Americas FX news wrap 13 Dec

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