UC San Diego Matches Max Planck Society with 56 Highly Cited Researchers, Securing 9th Global RankSupreme Court will take up a challenge related to California's tough vehicle emissions standards WASHINGTON (AP) — The Supreme Court says it will take up a business-backed appeal that could make it easier to challenge federal regulations, acting in a dispute related to California’s nation-leading standards for vehicle emissions. The justices agreed Friday to hear an appeal filed by fuel producers who object to a waiver granted to California in 2022 by the Environmental Protection Agency during Joe Biden’s presidency. The waiver allows California to set more stringent emissions limits than the national standard. The case won’t be argued until the spring, when the Trump administration is certain to take a more industry-friendly approach to the issue. Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases DETROIT (AP) — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter, Musk’s lawyer Alex Spiro tells the outgoing SEC chairman, Gary Gensler, that the commission’s demand for a monetary payment is a “misguided scheme” that won’t intimidate Musk. The letter also alleges that the commission reopened an investigation this week into Neuralink, Musk’s computer-to-human brain interface company. The SEC has not released the letter. Nor would it comment on it or confirm whether it has issued such a demand to Musk. Senate begins final push to expand Social Security benefits for millions of people WASHINGTON (AP) — The Senate is pushing toward a vote on legislation that would provide full Social Security benefits to millions of people. Senate Majority Leader Chuck Schumer began the process on Thursday for a final vote on the bill, known as the Social Security Fairness Act. It would eliminate policies that currently limit Social Security payouts for roughly 2.8 million people. The legislation has passed the House. The bill would add more strain on the Social Security Trust funds, which are already estimated to be unable to pay out full benefits beginning in 2035. The measure would add an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office. Trump offers support for dockworkers union by saying ports shouldn't install more automated systems WASHINGTON (AP) — President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports. He posted on social media Thursday that he met with union leaders and that any further “automation” of the ports would harm workers. He wrote that the “amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. The Maritime Alliance says the technology will improve worker safety and strengthen our supply chains, among other things. IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes. The announcement comes under the backdrop of a promised reckoning from Republicans who will hold a majority over both chambers of the next Congress and have long called for rescinding the tens of billions of dollars in funding provided to the agency by Democrats. IRS Commissioner Danny Werfel said improvements made to the agency will help the incoming administration and new Republican majority congress achieve its goals of administering an extension of the 2017 Tax Cuts and Jobs Act. OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship' A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. OpenAI is filing its response Friday. OpenAI's Altman will donate $1 million to Trump's inaugural fund LOS ANGELES (AP) — OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration. A spokesperson for OpenAI confirmed the move on Friday. The announcement comes one day after Meta, the parent company of Facebook and Instagram, said it donated $1 million to the same fund. Amazon also said it plans to donate $1 million. China signals it's prepared to double down on support for the economy as Trump tariffs loom BANGKOK (AP) — Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy. Analysts said the broad-brush plans from the annual Central Economic Work Conference were more of a recap of current policy than ambitious new initiatives at a time when the outlook is clouded by the President-elect Donald Trump's threats to sharply raise tariffs once he takes office. The ruling Communist Party did commit to raising China's deficit and to doing more to encourage consumer spending by bringing wage increases in line with the pace of economic growth. Here's a look at China's main priorities and their potential implications. Stock market today: Wall Street ends mixed after a bumpy week Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains. The Dow Jones Industrial Average slipped 0.2%. The Nasdaq composite edged up 0.1%. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. RH, formerly known as Restoration Hardware, surged after raising its revenue forecast. Treasury yields rose in the bond market. Next Week: Retail sales, Fed policy update, existing home sales The Commerce Department releases its monthly snapshot of U.S. retail sales Tuesday. Federal Reserve officials wrap up a two-day meeting and issue an interest rate policy update Wednesday. The National Association of Realtors issues its latest update on U.S. home sales Thursday.
Washington Commanders' roster move proves maligned kicker never should've played | Sporting News
There’s nothing like a clear election victory to clear away a constitutional crisis. Or to set one in motion.The result: Jan. 6, 2025, will be a bore. But Jan. 20, 2025, will be a spectacle.Let’s not get ahead of ourselves. Because – all this is related, as you will come to see – the important [...]
Stock Markets Extends Record Highs, US Labor Market Recovers, Bitcoin Hits $100,000: This Week In The Markets - BenzingaMOSCOW: Russia fired a hypersonic intermediate-range ballistic missile at the city of Dnipro on Thursday (Nov 21) in response to the US and UK allowing Kyiv to strike Russian territory with advanced Western weapons, in a further escalation of the 33-month-old war. Russian President Vladimir Putin, in a televised address, said Moscow struck a Ukrainian military facility with a new ballistic missile known as "Oreshnik" (the hazel) and warned that more could follow. "A regional conflict in Ukraine previously provoked by the West has acquired elements of a global character," Putin said in an address to the nation carried by state television after 8pm Moscow time (1700 GMT). A US official said that Washington was pre-notified by Russia shortly before its strike, while another said they had briefed Kyiv and other close allies in recent days to prepare for the possible use of such a weapon. Earlier on Thursday, Kyiv said that Russia had fired an intercontinental ballistic missile (ICBM), a weapon designed for long-distance nuclear strikes and never before used in war, though US officials said it was an intermediate range ballistic missile that has a smaller range. Regardless of its classification, the latest strike highlighted rapidly rising tensions in the past several days. Ukraine fired US and British missiles at targets inside Russia this week despite warnings by Moscow that it would see such action as a major escalation. "Today there was a new Russian missile. All the characteristics - speed, altitude - are (of an) intercontinental ballistic (missile). An expert (investigation) is currently underway," Ukrainian President Volodymyr Zelenskyy said in a video statement. Ukraine's foreign ministry urged the international community to react swiftly to the use of what it said was "the use by Russia of a new type of weaponry." A US official, speaking on condition of anonymity, said Russia likely possesses a handful of the "experimental" intermediate-range ballistic missiles used in Thursday's strike. Ukraine's air force said the missile targeted Dnipro in central-eastern Ukraine and was fired from the Russian region of Astrakhan, more than 700km away. It did not specify what kind of warhead the missile had or what type of missile it was. There was no suggestion it was nuclear-armed. Intermediate-range ballistic missiles have a range of 3,000km to 5,500km. "Whether it was an ICBM or an IRBM, the range isn't the important factor," said Fabian Hoffmann, a doctoral research fellow at Oslo university who specialises in missile technology and nuclear strategy. "The fact that it carried a MIRVed (Multiple independently targetable reentry vehicle) payload is much more significant for signaling purposes and is the reason Russia opted for it. This payload is exclusively associated with nuclear-capable missiles." Russia also fired a Kinzhal hypersonic missile and seven Kh-101 cruise missiles, six of which were shot down, the Ukrainian air force said. The attack targeted enterprises and critical infrastructure in Dnipro, the air force said. Dnipro was a missile-making centre in the Soviet era. Ukraine has expanded its military industry during the war, but keeps its whereabouts secret. The air force did not say what the missile targeted or whether it had caused any damage, but regional governor Serhiy Lysak said the missile attack damaged an industrial enterprise and set off fires in Dnipro. Two people were hurt. Ukrainska Pravda, a Kyiv-based media outlet, had cited anonymous sources saying the missile was an RS-26 Rubezh, a solid-fuelled intercontinental ballistic missile with a range of 5,800km, according to the Arms Control Association. "TOTALLY UNPRECEDENTED" A group of glowing projectiles could be seen plummeting to the ground from the night sky in a video published by Come Back Alive, a Ukrainian military charity. It said the video was of Dnipro overnight. The NATO military alliance did not respond to a request for comment. The US European Command said it had nothing on the reported use of an ICBM and referred questions to the US Department of Defense. Some military experts said the missile launch, if confirmed, could be seen as an act of deterrence by Moscow following Kyiv's strikes into Russia with Western weapons this week, after restrictions on such strikes were lifted. Russian war correspondents on Telegram and an official speaking on condition of anonymity said Kyiv fired British Storm Shadow cruise missiles into Russia's Kursk region bordering Ukraine on Wednesday. Russia's defence ministry, in its daily report of events over the previous 24 hours on Thursday, said air defences had shot down two British Storm Shadow cruise missiles but did not say where. Britain had previously let Ukraine use Storm Shadows only within Ukrainian territory. Ukraine also fired US ATACMS missiles into Russia on Tuesday after US President Joe Biden gave the all-clear to use such missiles in this way, two months before he leaves office and Donald Trump returns to the White House. Putin on Tuesday lowered the threshold for a nuclear strike in response to a broader range of conventional attacks. Trump has said he will end the war, without saying how, and has criticised billions of dollars in aid for Ukraine under Biden. The warring sides believe Trump is likely to push for peace talks - not known to have been held since the war's earliest months - and are trying to attain strong positions before negotiations. Moscow has said the use of Western weapons to strike Russian territory far from the border would be a major escalation in the conflict. Kyiv says it needs the capability to defend itself by hitting Russian rear bases used to support Moscow's February 2022 invasion.
Stock Markets Extends Record Highs, US Labor Market Recovers, Bitcoin Hits $100,000: This Week In The Markets - BenzingaNone
ATLANTA , Nov. 26, 2024 /PRNewswire/ -- Atomic-6 was recently awarded a Tactical Funding Increase (TACFI) to further develop its revolutionary Space ArmorTM shielding tiles and complete testing qualification for first flight. Designed to minimize shielding mass, stowage space, post-impact ejecta, and mission risk, Space ArmorTM provides vital protection for space assets against space debris and kinetic energy weapons while offering optional radio frequency permeable capabilities. This innovative technology is essential for maintaining the United States' competitive edge in space operations, a concern that has been increasingly emphasized by Pentagon officials and lawmakers. In NASA's recent study on the economic advantages of safeguarding satellites from orbital debris, the findings suggest potential net benefits exceeding $50 billion over the next 30 years. To meet this demand, Space ArmorTM offers two levels of protection: Lite and Max. "Space ArmorTM Lite" is designed to withstand impacts from debris up to 3mm, which accounts for over 90% of debris in low earth orbit, while "Space ArmorTM Max" is designed to withstand impacts from debris up to 12.5mm. This productized approach allows for tailored protection strategies, ensuring both cost-effectiveness and critical defense against varying sizes of debris. The TACFI award, along with matching funds from outside investors, paves the way for Atomic-6 to take Space ArmorTM from prototype to full product line with added variations and capabilities to meet market and customer demand. Atomic-6 is committed to the safety, sustainability, performance and affordability of future space endeavors. Space ArmorTM is the latest of several Atomic-6 innovations to reinforce their mission and provide the US military, Allies, and commercial space operators with the strategic edge necessary to reduce mission risk and protect space assets. Contact Us for RFPs To learn more about Space ArmorTM, other Atomic-6 innovations, and/or submit a Request for Proposal (RFP), please contact our team at sales@atomic-6.com . About Atomic-6 Atomic-6 is revolutionizing mobility in space, air, land, and sea by rapidly designing and manufacturing the world's finest composite solutions. Everything we touch gets lighter, stronger, and smarter. Visit our website atomic-6.com or contact us directly to learn more. Media Inquiries Atomic-6, Inc. media@atomic-6.com View original content to download multimedia: https://www.prnewswire.com/news-releases/atomic-6-secures-3-8m-tacfi-for-space-armor-302316953.html SOURCE Atomic-6In a way, tariffs, sanctions and bans all boil down to one word: no. We’ve just had a month of “no”. No-vember, you could even say. But not all noes are the same. Tariffs, sanctions and bans are designed to achieve different things. This November, the words became confused, a scrambled negation. So it is with Donald Trump’s tariffs , promised during the election campaign as a way to protect American manufacturing interests in the face of competition from global trade. These promises spoke to the towns and cities gutted and citizens rendered jobless and hopeless as corporates offshored their business. They painted a picture of resurgent industry and innovation in America, leading to prosperity for working people. Trump’s tariff announcement wiped billions from the Australian sharemarket. Credit: The idea of tariffs has economists in a flap. As you are sure to have heard them patiently, if condescendingly, explain by now, tariffs are really taxes on consumers in the country that imposes them. They make imported goods more expensive, lowering the overall buying power of the average punter. In an economists’ paradise, our interests would be best served by removing trade barriers entirely and letting every country produce according to its ability and sell to others according to their need. Unfortunately, humanity has proven unworthy of this lofty ideal. In the real world, there are wars and chaos. In this world, a tariff can serve a strategic purpose – for instance, a country might put a tariff on the import of milk to protect its local milk producers. This ensures it always has access to the nutritious comestible, even if supply chains are cut off or relations with the supplying nations sour. Loading Trump isn’t yet president again, but he’s already described the tariffs he actually plans to make policy. When he gains office, at the end of January next year, he will slap a 25 per cent tariff on all goods imported from Canada and Mexico, along with another 10 per cent tariff on China. But here’s the perplexing thing: the purpose of these so-called tariffs is not to protect US industry (at least not any legal one) from cheaper goods from overseas. The tariffs Trump has announced since winning have been focused on curbing the importation of illegal drugs and stopping immigrants entering the US without permission. Trump posted on his social media platform, Truth Social, that his tariffs “will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” Which reveals the problem: the word tariff doesn’t mean what Trump thinks it means. A tariff levied on all goods for the purposes of forcing a country to comply with international rules, such as respect for borders and prohibitions on narcotics, is not a tariff at all. It’s a sanction.
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