NEW YORK (AP) — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve . The S&P 500 rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Big Tech stocks led the way, which drove the Nasdaq composite up 1.8% to top the 20,000 level for the first time. The Dow Jones Industrial Average, meanwhile, lagged the market with a dip of 99 points, or 0.2%. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. Traders are betting on a nearly 99% probability of that, according to data from CME Group, up from 89% a day before. If they’re correct, it would be a third straight cut by the Fed after it began lowering rates in September from a two-decade high. It’s hoping to support a slowing job market after getting inflation nearly all the way down to its 2% target. Lower rates would give a boost to the economy and to prices for investments, but they could also provide more fuel for inflation. “The data have given the Fed the ‘all clear’ for next week, and today’s inflation data keep a January cut in active discussion,” according to Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times this year , with the latest coming last week. The biggest boosts for the index on Wednesday came from Nvidia and other Big Tech stocks. Their massive growth has made them Wall Street’s biggest stars for years, though other kinds of stocks have recently been catching up somewhat amid hopes for the broader U.S. economy. Tesla jumped 5.9% to finish above $420 at $424.77. It’s a level that Elon Musk made famous in a 2018 tweet when he said he had secured funding to take Tesla private at $420 per share . Stitch Fix soared 44.3% after the company that sends clothes to your door reported a smaller loss for the latest quarter than analysts expected. It also gave financial forecasts for the current quarter that were better than expected, including for revenue. GE Vernova rallied 5% for one of the biggest gains in the S&P 500. The energy company that spun out of General Electric said it would pay a 25 cent dividend every three months, and it approved a plan to send up to another $6 billion to its shareholders by buying back its own stock. On the losing end of Wall Street, Dave & Buster’s Entertainment tumbled 20.1% after reporting a worse loss for the latest quarter than expected. It also said CEO Chris Morris has resigned, and the board has been working with an executive-search firm for the last few months to find its next permanent leader. Albertsons fell 1.5% after filing a lawsuit against Kroger, saying it didn’t do enough for their proposed $24.6 billion merger agreement to win regulatory clearance. Albertsons said it’s seeking billions of dollars in damages from Kroger, whose stock rose 1%. A day earlier, judges in separate cases in Oregon and Washington nixed the supermarket giants’ merger. The grocers contended a combination could have helped them compete with big retailers like Walmart, Costco and Amazon, but critics said it would hurt competition. After terminating the merger agreement with Kroger, Albertsons said it plans to boost its dividend 25% and increased the size of its program to buy back its own stock. Macy’s slipped 0.8% after cutting some of its financial forecasts for the full year of 2024, including for how much profit it expects to make off each $1 of revenue. All told, the S&P 500 rose 49.28 points to 6,084.19. The Dow dipped 99.27 to 44,148.56, and the Nasdaq composite rallied 347.65 to 20,034.89. In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, edged up to 4.15% from 4.14%. In stock markets abroad, indexes rose across much of Europe and Asia. Hong Kong’s Hang Seng was an outlier and slipped 0.8% as Chinese leaders convened an annual planning meeting in Beijing that is expected to set economic policies and growth targets for the coming year. South Korea’s Kospi rose 1%, up for a second straight day as it climbs back following last week’s political turmoil where its president briefly declared martial law. AP Writers Matt Ott and Zimo Zhong contributed.In conclusion, the Amazon Global Store Cross-border Summit in Jiangsu served as a testament to the limitless possibilities of cross-border trade and the immense opportunities that lie ahead for businesses willing to embrace the global marketplace. This event not only showcased the power of e-commerce to connect consumers and sellers worldwide but also highlighted the importance of continuous learning and adaptation in the ever-evolving digital landscape.
SACRAMENTO — Months after he was convicted of ordering murders throughout the California prison system, an imprisoned leader of the Aryan Brotherhood prison gang allegedly attacked two corrections officers who were escorting him back to his cell. Ronald Dean Yandell, 62, allegedly drew a knife on two prison guards as they were escorting him to his cell from a medical appointment at California State Prison, Sacramento on Nov. 22. No staff were injured in the fight, but they did deploy pepper spray on Yandell, causing him to drop the weapon, according to a news release by the state prison system. The incident came two months after a different corrections officer injured Yandell during a transport, allegedly knocking him down and striking him while he was handcuffed. Yandell had filed a lawsuit alleging prison and federal authorities retaliated against him for political advocacy work just days before he was injured. Yandell, a former West Contra Costa resident, has not been charged in connection with the Nov. 22 incident, but it was being treated as a double attempted murder, authorities said. Prison officials say they plan to send the case to the Sacramento County District Attorney’s office. Yandell is currently awaiting sentencing in a federal racketeering case, where he was convicted of conspiracies to commit murder, smuggle drugs and other contraband in prison and serving as a leader of the notorious prison gang. Most of the convictions centered on a wiretap of Yandell’s contraband cellphone in the late 2010s, led by the Drug Enforcement Administration. Tensions have been brewing in the Sacramento prison where Yandell and his co-defendants are housed. One of his co-defendants, Brant Daniel, recently accused prison staff of attempting to set him up to be killed through a planned transfer to a prison in Corcoran. Another of Yandell’s co-defendants, Danny Troxell, traded death threats with him during their trial last March, before both men were convicted. Yandell is also known for political advocacy work, having helped arranged a peace treaty between rival prison gangs and serving as a leader of a prison-wide hunger strike in the early 2010s. The strike helped scale back the rampant use of solitary confinement. He has accused law enforcement of retaliating against him by bringing on the racketeering case, though a federal judge recently denied a motion to throw out the convictions based on those grounds. If Yandell is charged in Sacramento court, it’s unlikely to have much effect on his life trajectory. He is already serving a life sentence for murder and manslaughter convictions in Contra Costa, and faces a life sentence in the federal case. The incident is the third bit of violence being treated as an attempted murder of a prison staffer in California so far this month. All three incidents occurred at different prisons and do not appear to be related.Adobe: Fiscal Q4 Earnings SnapshotUnitedHealthcare's Facebook Post About Slain CEO Flooded With 'Haha' Reactions
Zhang Meng, a popular actress in China, recently made headlines when she was unexpectedly accompanied by her close friend Xiaowu during a prenatal check-up. The heartwarming bond between the two friends and Zhang Men's glowing happiness during her pregnancy have captured the hearts of fans and the public alike.Delivers Outperformance Across All First Quarter Guided Metrics Reports 18% YoY ARR Growth and Strong Free Cash Flow SAN JOSE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced financial results for its first quarter ended October 31, 2024. “During our first quarter we delivered outperformance across our guided metrics,” said Rajiv Ramaswami, President and CEO of Nutanix. “We also continued to bring innovations to the market supporting our vision of becoming the leading platform for running apps and managing data, anywhere, while strengthening our partner ecosystem.” “Our first quarter results demonstrated a good balance of top and bottom line performance with 18% year-over-year ARR growth and strong free cash flow generation,” said Rukmini Sivaraman, CFO of Nutanix. “We remain focused on delivering sustainable, profitable growth.” First Quarter Fiscal 2025 Financial Summary Reconciliations between GAAP and non-GAAP financial measures and key performance measures, to the extent available, are provided in the tables of this press release. Recent Company Highlights Nutanix Expands Partnership with AWS: Nutanix announced an expanded strategic collaboration with Amazon Web Services, Inc. (AWS) that will offer access to AWS services for customers looking to migrate to NC2 on AWS. As part of the collaboration, customers will gain access to promotional credits from AWS to support customer migrations and proof-of-concept trials, as well as Nutanix licensing promotions. Nutanix is Named a Leader in 2024 Gartner® Magic QuadrantTM for Distributed Hybrid Infrastructure: Nutanix announced its recognition as a Leader in the 2024 Gartner® Magic QuadrantTM for Distributed Hybrid Infrastructure. Nutanix believes this recognition is due to the company’s vision and investments in the integration of edge, private and public clouds, as well as having a platform that supports both cloud native and traditional applications. Nutanix is Positioned Furthest in Vision Among All Vendors in 2024 Gartner® Magic QuadrantTM for File and Object Storage Platforms: Nutanix announced it is positioned furthest in Vision among all vendors in the 2024 Gartner® Magic QuadrantTM for File and Object Storage Platforms. Nutanix believes this recognition is due to the company’s strong vision for an enterprise storage platform that unifies unstructured data across edge, public and private clouds. Nutanix Extends AI Platform to Public Cloud : Nutanix announced that it extended the company's AI infrastructure platform with a new cloud native offering, Nutanix Enterprise AI (NAI), that can be deployed on any Kubernetes platform, at the edge, in core data centers and on public cloud services like AWS EKS, Azure AKS, and Google GKE. Second Quarter Fiscal 2025 Outlook Fiscal 2025 Outlook Supplementary materials to this press release, including our first quarter fiscal 2025 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results . Webcast and Conference Call Information Nutanix executives will discuss the Company’s first quarter fiscal 2025 financial results on a conference call today at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time. Interested parties may access the conference call by registering at this link to receive dial in details and a unique PIN number. The conference call will also be webcast live on the Nutanix Investor Relations website at ir.nutanix.com . An archived replay of the webcast will be available on the Nutanix Investor Relations website at ir.nutanix.com shortly after the call. Footnotes 1 Annual Recurring Revenue , or ARR , for any given period, is defined as the sum of ACV for all subscription contracts in effect as of the end of a specific period. For the purposes of this calculation, we assume that the contract term begins on the date a contract is booked, unless the terms of such contract prevent us from fulfilling our obligations until a later period, and irrespective of the periods in which we would recognize revenue for such contract. Excludes all life-of-device contracts. ACV is defined as the total annualized value of a contract. The total annualized value for a contract is calculated by dividing the total value of the contract by the number of years in the term of such contract. Excludes amounts related to professional services and hardware. 2 Average Contract Duration represents the dollar-weighted term, calculated on a billings basis, across all subscription contracts, as well as our limited number of life-of-device contracts, using an assumed term of five years for life-of-device licenses, executed in the period. 3 Weighted average share count used in computing diluted non-GAAP net income per share. Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this press release includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Recurring Revenue (or ARR), and Average Contract Duration. In computing non-GAAP financial measures, we exclude certain items such as stock-based compensation and the related income tax impact, costs associated with our acquisitions (such as amortization of acquired intangible assets, income tax-related impact, and other acquisition-related costs), restructuring charges, litigation settlement accruals and legal fees related to certain litigation matters, the amortization and conversion of the debt discount and issuance costs related to convertible senior notes, interest expense related to convertible senior notes, and other non-recurring transactions and the related tax impact. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, and non-GAAP operating margin are financial measures which we believe provide useful information to investors because they provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures such as stock-based compensation expense that may not be indicative of our ongoing core business operating results. Free cash flow is a performance measure that we believe provides useful information to our management and investors about the amount of cash generated by the business after capital expenditures, and we define free cash flow as net cash provided by (used in) operating activities less purchases of property and equipment. ARR is a performance measure that we believe provides useful information to our management and investors as it allows us to better track the topline growth of our subscription business because it takes into account variability in term lengths. We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. However, these non-GAAP financial and key performance measures have limitations as analytical tools and you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, and free cash flow are not substitutes for gross margin, operating expenses, operating income (loss), operating margin, or net cash provided by (used in) operating activities, respectively. There is no GAAP measure that is comparable to ARR or Average Contract Duration, so we have not reconciled the ARR or Average Contract Duration data included in this press release to any GAAP measure. In addition, other companies, including companies in our industry, may calculate non-GAAP financial measures and key performance measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures and key performance measures as tools for comparison. We urge you to review the reconciliation of our non-GAAP financial measures and key performance measures to the most directly comparable GAAP financial measures included below in the tables captioned “Reconciliation of GAAP to Non-GAAP Profit Measures” and “Reconciliation of GAAP Net Cash Provided By Operating Activities to Non-GAAP Free Cash Flow,” and not to rely on any single financial measure to evaluate our business. This press release also includes the following forward-looking non-GAAP financial measures as part of our second quarter fiscal 2025 outlook and/or our fiscal 2025 outlook: non-GAAP operating margin and free cash flow. We are unable to reconcile these forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures without unreasonable efforts, as we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact the GAAP financial measures for these periods but would not impact the non-GAAP financial measures. Forward-Looking Statements This press release contains express and implied forward-looking statements, including, but not limited to, statements regarding: our business momentum and prospects; our innovations supporting our vision of becoming the leading platform for running applications and managing data, anywhere; strengthening our partner ecosystem; our focus on delivering sustainable, profitable growth; our second quarter fiscal 2025 outlook; and our fiscal 2025 outlook. These forward-looking statements are not historical facts and instead are based on our current expectations, estimates, opinions, and beliefs. Consequently, you should not rely on these forward-looking statements. The accuracy of these forward-looking statements depends upon future events and involves risks, uncertainties, and other factors, including factors that may be beyond our control, that may cause these statements to be inaccurate and cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by such statements, including, among others: the inherent uncertainty or assumptions and estimates underlying our projections and guidance, which are necessarily speculative in nature; any failure to successfully implement or realize the full benefits of, or unexpected difficulties or delays in successfully implementing or realizing the full benefits of, our business plans, strategies, initiatives, vision, objectives, momentum, prospects and outlook; our ability to achieve, sustain and/or manage future growth effectively; the rapid evolution of the markets in which we compete, including the introduction, or acceleration of adoption of, competing solutions, including public cloud infrastructure; failure to timely and successfully meet our customer needs; delays in or lack of customer or market acceptance of our new solutions, products, services, product features or technology; macroeconomic or geopolitical uncertainty; our ability to attract, recruit, train, retain, and, where applicable, ramp to full productivity, qualified employees and key personnel; factors that could result in the significant fluctuation of our future quarterly operating results (including anticipated changes to our revenue and product mix, the timing and magnitude of orders, shipments and acceptance of our solutions in any given quarter, our ability to attract new and retain existing end-customers, changes in the pricing and availability of certain components of our solutions, and fluctuations in demand and competitive pricing pressures for our solutions); our ability to form new or maintain and strengthen existing strategic alliances and partnerships, as well as our ability to manage any changes thereto; our ability to make share repurchases; and other risks detailed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2024 filed with the U.S. Securities and Exchange Commission, or the SEC, on September 19, 2024. Additional information will be set forth in our Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2024, which should be read in conjunction with this press release and the financial results included herein. Our SEC filings are available on the Investor Relations section of our website at ir.nutanix.com and on the SEC's website at www.sec.gov. These forward-looking statements speak only as of the date of this press release and, except as required by law, we assume no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any of these forward-looking statements to reflect actual results or subsequent events or circumstances. About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix. © 2024 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Investor Contact: Richard Valera ir@nutanix.com Media Contact: Lia Bigano pr@nutanix.com _____________ (1) Includes the following stock-based compensation expense: (2) Includes the following amortization of intangible assets: _____________ (1) Included within other assets—non-current in the condensed consolidated balance sheets. Subscription revenue — Subscription revenue includes any performance obligation which has a defined term, and is generated from the sales of software entitlement and support subscriptions, subscription software licenses and cloud-based software-as-a-service, or SaaS, offerings. Ratable — We recognize revenue from software entitlement and support subscriptions and SaaS offerings ratably over the contractual service period, the substantial majority of which relate to software entitlement and support subscriptions. Upfront — Revenue from our subscription software licenses is generally recognized upfront upon transfer of control to the customer, which happens when we make the software available to the customer. Professional services revenue — We also sell professional services with our products. We recognize revenue related to professional services as they are performed. Other non-subscription product revenue — Other non-subscription product revenue includes $8.1 million and $1.9 million of non-portable software revenue for the three months ended October 31, 2023 and 2024, respectively, and $0.6 million and $1.1 million of hardware revenue for the three months ended October 31, 2023 and 2024, respectively. Non-portable software revenue — Non-portable software revenue includes sales of our platform when delivered on a configured-to-order appliance by us or one of our OEM partners. The software licenses associated with these sales are typically non-portable and can be used over the life of the appliance on which the software is delivered. Revenue from our non-portable software products is generally recognized upon transfer of control to the customer. Hardware revenue — In the infrequent transactions where the hardware appliance is purchased directly from Nutanix, we consider ourselves to be the principal in the transaction and we record revenue and costs of goods sold on a gross basis. We consider the amount allocated to hardware revenue to be equivalent to the cost of the hardware procured. Hardware revenue is generally recognized upon transfer of control to the customer. _____________ (1) Stock-based compensation expense (2) Amortization of intangible assets (3) Legal fees (4) Other (5) Amortization of debt issuance costs related to convertible senior notes (6) Income tax effect primarily related to stock-based compensation expense (7) Includes 22,273 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans _____________ (1) Stock-based compensation expense (2) Amortization of intangible assets (3) Legal fees (4) Amortization of debt discount and issuance costs and interest expense related to convertible senior notes (5) Other (6) Income tax effect primarily related to stock-based compensation expense (7) Includes 51,371 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans
Senate passes bills to expand fracking in state parks, slow down citizens’ ballot issuesBamboo Technology's HereHear Virtual AI Therapist Joins Berkeley Skydeck IPP ProgramBamboo Technology's HereHear Virtual AI Therapist Joins Berkeley Skydeck IPP Program
Depa will lead on the discovery and deployment of emerging technologies to help address business challenges and shape the future with confidence Brings deep experience in identifying new ways that can practically help business transformation through an innovation mindset and culture shift LONDON , Nov. 26, 2024 /PRNewswire/ -- The EY organization announces today the appointment of Joe Depa as the new EY Global Chief Innovation Officer, effective immediately. Within this role, he will spearhead applied innovation to help improve service delivery and guide EY teams to address and solve business challenges. Depa joins the EY organization at a pivotal moment, as a range of emerging technologies are reshaping businesses and industries, creating a multitude of new challenges and opportunities. To keep pace, the EY organization is continuing to make significant investments in areas such as artificial intelligence (AI), quantum computing and blockchain, and most recently formed the EY.ai Global AI Advisory Council. In his new role, Depa will be leading the organization's global innovation strategy. This will include overseeing efforts to successfully implement emerging technologies for tangible business applications, both internally and across work of EY member firms with clients. Raj Sharma, EY Global Managing Partner of Growth and Innovation, says: "At this time of constant disruption, success would require a forward-thinking approach and willingness to make bold decisions, which are at the heart of an innovative mindset. We're thrilled to have Joe's deep experience and knowledge around AI and data to lead on our strategic approach to innovation so that EY teams can help clients shape their future more confidently." Throughout the last decade, Depa has worked closely with C-suite leaders and boards to bring innovative products and services to market, improve client and employee experiences, and help enhance operational efficiencies through technology. Most recently, he served as the inaugural Chief Data and AI Officer at a leading university and health care organization. At the university, he helped to promote AI literacy, launch a responsible AI governance program and enable a secure data foundation. Prior to that, he acted as Senior Managing Director and Global Lead for Data and AI at a global multinational professional services company, where he led a team of AI strategists and data engineers in developing and implementing new products and services. Joe Depa , EY Global Chief Innovation Officer, says: "I'm truly excited to join an organization that is 'All in' on its commitment to the transformative potential of emerging technologies. I look forward to working with the EY teams and clients to help empower them to apply innovation in bold, new ways that help create value for clients through data, AI and emerging technologies to make the world a better place." A renowned thought leader in the field of AI, Depa has been recognized as one of the "Top 50 Global Leaders" by World Summit AI and has received Fast Company's "World Changing Idea" award, among other accolades. For more information, visit: ey.com. About EY EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com. This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients. Photo - https://mma.prnewswire.com/media/2567765/EY_Joe_Depa.jpg Logo - https://mma.prnewswire.com/media/381362/EY_Logo.jpgCalifornia Gov. Gavin Newsom (D) visited the United States-Mexico border on Thursday to repeat big business talking points about tariffs and President-elect Donald Trump’s plans to deport millions of illegal aliens with no legal right to be in the U.S. In recent weeks, Trump has threatened 25 percent tariffs on Mexico for refusing to get a handle on the drug cartels’ billion-dollar illicit drug and human smuggling business at the southern border. “This tariff will remain in effect until such time as drugs, in particular fentanyl, and all illegal aliens stop this invasion of our country,” Trump wrote on Truth Social last month. Newsom, repeating big business talking points ripped from the pages of the Wall Street Journal , claimed such tariffs would spur inflation, eliminate American jobs, cause food shortages, and crush small businesses. “[These tariffs] would lead to, an example ... upwards of you having to spend $3,000 more to purchase a car coming from Mexico,” Newsom claimed, repeatedly calling such tariffs a “25 percent tax increase.” Likewise, Newsom trashed Trump’s plans to carry out the largest mass deportation program in American history, claiming such plans will drive up food prices and increase housing costs. “When you look at farmworkers, roughly half are undocumented,” Newsom said. “Close to 90 percent have been in this state for years and years and years ... the impact of mass deportations on the cost of food in this state and this nation are off the charts. This is serious business.” “[In the] construction industry ... we estimated 13 percent are undocumented ... [this] will impact housing costs,” he claimed. Just days ago, the Wall Street Journal ran a story highlighting the construction industry’s opposition to mass deportations as well as tariffs. One construction boss claimed such deportations will “absolutely” cause a labor shortage, even as wage data suggests otherwise. Like Newsom, the construction industry executives claim driving down illegal immigration will increase housing costs for Americans, even though research in the U.S. and around the world is clear that mass immigration is partly responsible for surging home prices. John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here .TIOHTIÀ:KE ( MONTREAL ), QC , Nov. 22, 2024 /PRNewswire/ - Calling all youth in Canada , Mexico and the United States ! Are you ready to act now to support North American communities and preserve our shared waters, lands and air? The Commission for Environmental Cooperation (CEC) is pleased to announce the launch of the second edition of its Generation of Environmental Leaders Program (GELP). This exciting program supports young leaders in accessing seed funding and developing the necessary skills to make a real and meaningful impact in their communities and beyond. The selected youth will benefit from a year-long mentorship program, networking opportunities across North America , receive C$15,000 in seed funding and the chance to present their solutions to North America's top environmental officials as part of the CEC's annual Council Session in the summer of 2025. It's time to act now. The GELP invites young people from North America to support communities and preserve our shared waters, lands and air. The program is aimed at youth who are 18–35 years old and are part of a team such as, but not exclusively, youth-led organizations, youth-led associations, nongovernmental organizations, not-for-profit youth-led businesses, and teams of youth innovators and entrepreneurs interested in building their businesses. Here's what the current GELP cohort is saying. "The mentorship provided by the GELP has greatly helped me grow as a person and has made me feel more comfortable stepping out of my comfort zone, especially in areas like preparing for presentations and managing stress. Today, I feel much more at ease speaking in front of an audience!"—Alexandre Savard, Encore! Biomatériaux, Canada . "The seed funding provided through the GELP was a wonderful opportunity to kickstart some of our project's most important activities. Thanks to this support, we were able to initiate the implementation of an Environmental Management Unit, a step that will foster restoration and conservation of the area." —Ana Cristina Posadas García, Strategy for the Restoration and Conservation of the Ciénega of Tamasopo Wetland, RAMSAR Site, Mexico . "As members of the inaugural GELP cohort, we have had the privilege of connecting with individuals and organizations driven to be a power for good in the environmental and climate space. These experiences have been the catalyst for additional award nominations and the formation of collaborative partnerships that we believe will further grow our work at the intersection of justice and an equitable energy transition."—McKenna Dunbar and Jake Barnet , Electrivive: An Equitable Building Electrification Workforce Redevelopment Tool, United States . We're giving youth the resources to succeed and lead. In addition to building capacity for youth, this program accelerates youth leadership by expanding youth environmental networks and providing seed funding for creative solutions to flourish, particularly at the local level. During the year-long mentorship program, youth leaders receive advice from experts to help advance their solutions and guidance on various elements of their projects, including how to pitch their solutions and other project development and management topics such as risk management, budgeting, outreach and fundraising. The program supports impactful and enduring community-driven activities and establishes a robust youth network across North America . The GELP also provides extended networking opportunities for participants. The selected solutions are presented to the public and selected teams can engage with the CEC's Joint Public Advisory Committee and Traditional Ecological Knowledge Expert Group , and Government officials and experts, during the CEC Council Session , an ideal platform to showcase the impactful ideas at the ministerial level. Requirements for participation. Applicants must demonstrate that their solutions can address or respond to critical issues related to supporting our communities and preserving our shared waters, lands and air across North America . Submissions should be practical, effective, achievable and propose sustainable solutions to an identifiable environmental problem. They should also be context-specific and consider the unique characteristics of the community or region targeted by the project. The eligibility and evaluation criteria prioritize solutions that have established a clear objective and will have a significant impact on local communities and their environment: Priority is given to proposals submitted by diverse youth who identified or developed their solutions jointly with communities, including community members who traditionally do not have access to decision-making spaces. Submission deadline : Completed submissions must be uploaded to the submission platform by 23:59 local time on 12 January 2025 . Click here to learn more about the program, the submission guidelines and criteria, and to apply. For more information about the Generation of Environmental Leaders Program and the submission process, please join us for a virtual information session on 17 December 2024 from 13:00–14:00 Eastern Time (12:00–13:00 Central Time) and (10:00–11:00 Pacific Time), available with simultaneous interpretation in English, French and Spanish. If you would like to know more about CEC initiatives, opportunities and efforts, you can sign up for our newsletter and follow us on social media . Media Contact Patrick Tonissen Head of Communications +1 (438) 885-8463 View original content to download multimedia: https://www.prnewswire.com/news-releases/cecs-generation-of-environmental-leaders-program-now-open-to-north-american-youth-302314604.html SOURCE Commission for Environmental Cooperation (CEC)
History has shown that the destinies of exiled leaders are often marked by legal challenges, political pressure, and lingering controversies. While seeking refuge abroad may offer temporary respite from immediate threats, it does not absolve former leaders of their actions or responsibilities. The fate of Assad and other exiled leaders remains uncertain, and only time will reveal the true extent of their legacies and repercussions.Canadian striker Jonathan David scored twice to go past the 100-goal career mark for Lille in a 3-1 win over Brest in Ligue 1 play Friday. The 24-year-old from Ottawa turned in a man-of-the-match performance at Stade Pierre-Mauroy, assisting on his team's other goal as Lille extended its unbeaten run to 10 matches. David now has 17 in 23 games in all competitions this season and leads the French top tier with 11 goals. David, who joined Lille in August 2020 in a $46.5-million transfer from Belgium's KAA Gent, went into the game with 99 goals in all competitions. He finished it with 101 goals in 206 appearances for Lille. "So happy for Jonathan. What an accomplishment," Canada coach Jesse Marsch said in a social media post. David put Lille ahead from the penalty spot after nine minutes and set up a second just before halftime when he got away from his marker and sent in a cross that Iceland international winger Hákon Haraladsson knocked home . Ludovic Ajorque got one back for Brest early in the second half but David restored Lille’s two-goal cushion when he pounced on a loose ball and scored. David, who tops Canada's men's scoring list with 31 goals from 59 appearances, is out of contract after this season and has been linked with a move to several top European clubs. Lille has not lost to Brest at home since 1989. Lille joined Marseille and Monaco in second place on 26 points, seven behind leader Paris Saint-Germain, which played Auxerre later on Friday.
With his trademark glasses glinting in the moonlight, Aizen showcases his formidable powers as he effortlessly dispatches wave after wave of enemies with his iconic Kido spells. His signature move, "Kyoka Suigetsu," is beautifully animated, capturing the essence of Aizen's deceptive nature and hypnotic abilities.The iPhone 15 Pro Max, Apple’s powerhouse smartphone from 2023, is now available at its lowest price on Amazon. After the iPhone 16 launch, Apple officially discontinued this model, but its popularity hasn’t faded. Known for impeccable performance and advanced features, the iPhone 15 Pro Max still has a great fan following. Currently, Amazon is selling this flagship device at quite a massive discount of Rs 44,000. iPhone 15 Pro Max Discount on Amazon On Amazon, the iPhone 15 Pro Max is seeing a price drop from its original Rs 1,59,900 tag to just Rs 1,15,900 – a whopping Rs 44,000 discount. Adding to the price cut, Amazon also has an exchange program, with which one can save up to an additional Rs 37,600. The exchange value will depend on the age and condition of the older phone. iPhone 15 Pro Max Specifications and Features The iPhone 15 Pro Max is all things flagship with a tough Ceramic Shield front, titanium frame, and IP68 rated for water and dust resistance. The 6.7-inch Super Retina XDR OLED display with 120Hz refresh rate and Dolby Vision allows the best clarity to be enjoyed, along with peak brightness rated at 2000 nits. On the hardware side, it is powered by the advanced Apple A17 Pro chipset, constructed upon a new 3nm process, and includes as much as 1TB of storage. It originally shipped with iOS 17 and is upgradable to iOS 18.1 with Apple Intelligence features. iPhone 15 Pro Max’s camera system includes a 48MP wide lens, a 12MP periscope telephoto lens with 5x zoom, and a 12MP ultra-wide lens, along with a LiDAR scanner for depth sensing. The 12MP front camera offers crisp selfies and videos. Additional features like Wi-Fi 6E, Bluetooth 5.3, and Ultra Wideband technology add to its appeal. With this deal, the iPhone 15 Pro Max offers incredible value for a flagship smartphone with premium specifications and futuristic features. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Technology Science and around the world.
New China Insurance (NCI), as a three-time listed company, has been making significant strides in the insurance industry. With its recent IPO, the company is setting its sights on a bright future ahead. NCI's commitment to innovation, customer service, and sustainable growth has positioned it as a leader in the market.Stock market today: Wall Street hits more records following a just-right jobs reportNone
Military Leaders Are Rattled by a List of 'Woke' Officers That a Group Urges Hegseth to FireConcerned about the deteriorating situation in Syria, the Government of India put out a late-night advisory to all Indian nationals to completely "avoid all travel to Syria until further notice". In the statement, which shared an emergency helpline number and an email ID, the Ministry of External Affairs appealed to all Indians currently in Syria to "remain in touch with the Indian Embassy in Damascus". New Delhi's urgent notification also stated that "Those who can, are advised to leave (Syria) by the earliest available commercial flights." For those who cannot, the advisory asked them to "observe utmost precaution about their safety and restrict their movements to the minimum." The emergency helpline number shared is for the Indian Embassy in Damascus. It is +963 993385973. This number can also be used on WhatsApp the statement read, adding an emergency email ID as well - which is hoc.damascus@mea.gov.in. Updates shall be shared once the staff is contacted, the advisory stated. Travel advisory for Syria: https://t.co/bOnSP3tS03 pic.twitter.com/zg1AH7n6RB — Randhir Jaiswal (@MEAIndia) December 6, 2024 WHAT IS HAPPENING IN SYRIA - AND HOW BAD IS THE SITUATION Syria is in the midst of a political turmoil, with the Russia and Iran-backed Bashar Al-Assad regime finding itself surrounded by rebel groups and militias which are backed by Turkey. Rebel forces have, over the last week, pressed a lightning offensive across Syria aiming to overthrow President Bashar al-Assad. The Islamist-led rebels were at the gates of Syria's Homs, a war monitor told news agency AFP. Several other Syrian cities have fallen out of government control - some without even a bullet having to be fired. The offensive by the Islamist rebels have been so swift, that Syria's second city Aleppo and strategically located Hama have already fallen from President Bashar al-Assad's control. This has happened for the first time since the civil war began in 2011. Bashar al-Assad's clan has ruled Syria for the past five decades, but for the first time ever, it has looked truly vulnerable to a total collapse. Should the rebels capture Homs, it would cut the seat of power in the capital Damascus from the Mediterranean coast, a key bastion of Bashar Assad. According to the Syrian Observatory for Human Rights monitor, by Friday morning (local time), the Islamist rebels were less than five kilometres from the edge of Homs. WHO IS BEHIND THIS - AND WHAT IS HIS PAST Abu Mohammed al-Jolani, the leader of the Hayat Tahrir al-Sham or HTS rebel alliance, has categorically said that the goal of this offensive is to overthrow Bashar al-Assad and end his rule in Syria. "When we talk about objectives, the goal of the revolution remains the overthrow of this regime. It is our right to use all available means to achieve that goal," Jolani told CNN in an interview. The Islamist rebel alliance conducting the offensive that began on November 27 is led by HTS, which stems from the Syrian branch of the Al Qaeda, but has sought to moderate its image in recent times. Abu Mohammed al-Jolani is also known as the 'blue-eyed boy' of ISIS terrorist Abu Bakr al-Baghdadi. Several years ago, he was kept at the infamous US detention facility in Iraq. But al-Jolani, once written-off as a lost cause by the US, has emerged from the shadows. He now finds himself as a power figure in Syria. Interestingly, the Islamist rebels launched their offensive in Syria the same day a ceasefire took effect in the war between Israel and Lebanese Hezbollah, which along with Russia and Iran have been firm backers of the Bashar al-Assad government. SYRIA'S FATE HANGS IN THE BALANCE Turkey, which has extended its full support to the rebels, said on Friday that its Foreign Minister Hakan Fidan shall be meeting his Russian and Iranian counterparts this weekend in Qatar for an emergency discussion on the situation in Syria. Meanwhile, the political wing of the HTS-led rebel coalition has reportedly reached out to Russia and China to support them in their "struggle for liberation" from the decades-old Syrian regime headed by Bashar al-Assad. They have reportedly informed Moscow and Beijing that they would like to officially establish diplomatic ties with both countries. The foreign ministers of Iran, Iraq, and Syria also met on Friday in Baghdad to discuss the goings-on in Syria. Russia, which is heavily invested in the war in Ukraine, has not yet revealed how it is reading this situation and what its next step will be, but Moscow has hinted for providing limited support to the Bashar Assad regime to defend itself against the rebels. Track Latest News Live on NDTV.com and get news updates from India and around the worldIn addition to its commitment to regulatory compliance, NVIDIA is also known for its industry-leading technology innovations and contributions to various fields such as gaming, data center computing, autonomous vehicles, and healthcare. The company's cutting-edge products and solutions have earned it a reputation as a pioneer in visual computing and artificial intelligence, driving advancements in areas that benefit society and economy.
None86,000 SIMs blocked over anti-Pakistan activities, NA toldDonald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year
One of the key factors that sets NCI apart from its competitors is its commitment to innovation. The company has invested heavily in technology and digital capabilities, enabling it to provide cutting-edge products and services to its customers. By harnessing the power of data analytics and artificial intelligence, NCI is able to offer personalized insurance solutions that meet the unique needs of each individual customer.