
President-elect Donald Trump rang the opening bell Thursday at the New York Stock Exchange after being recognized for the second time by Time magazine as its person of the year. The honors for the businessman-turned-politician are a measure of Trump's remarkable comeback from an ostracized former president who refused to accept his election loss four years ago to a president-elect who won the White House decisively in November. Before he rang the opening bell at 9:30 a.m., a first for him, Trump spoke at the exchange and called it “a tremendous honor.” “Time magazine, getting this honor for the second time, I think I like it better this time actually,” he said. Trump, accompanied by his wife, Melania Trump, daughters Ivanka and Tiffany and Vice President-elect JD Vance, grinned as people chanted “USA” before he opened the trading day. He then raised his fist. In his remarks, he talked up some of the people he has named to his incoming administration, including Treasury pick Scott Bessent, and some of his announced policies, including a promise this week that the federal government will issue expedited permits, including environmental approvals, for projects and construction worth more than $1 billion. “I think we’re going to have a tremendous run. We have to straighten out some problems, some big problems in the world,” he said. Sam Jacobs, Time's editor in chief, announced on NBC's “Today” show that Trump was Time’s 2024 Person of the Year. Jacobs said Trump was someone who “for better or for worse, had the most influence on the news in 2024.” “This is someone who made an historic comeback, who reshaped the American presidency and who’s reordering American politics," Jacobs said. "It’s hard to argue with the fact that the person who’s moving into the Oval Office is the most influential person in news." In an interview with the magazine published Thursday, Trump spoke about his final campaign blitz and election win. “I called it ‘72 Days of Fury,’” Trump said. “We hit the nerve of the country. The country was angry.” Trump was on Wall Street to mark the ceremonial start of the day’s trading. The Time magazine cover featuring him was projected onto a wall at the stock exchange, flanked by American flags. Trump took the stage at the exchange flanked by family members and members of his incoming administration while his favored walk-on song, “God Bless the U.S.A.,” played. Trump was also Time's Person of the Year in 2016, when he was first elected to the White House. He was listed as a finalist for this year’s award alongside notables including Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Jacobs, in making the announcement Thursday, said that “there’s always a hot debate” at the magazine over the honor, “although I have to admit that this year was an easier decision than years past.” The NYSE regularly invites celebrities and business leaders to participate in the 9:30 a.m. ceremonial opening trading. Thursday will be Trump's first time doing the honors, which have become a marker of culture and politics. Trump has long had a fascination with being on the cover of Time, where he first made an appearance in 1989. He has falsely claimed to hold the record for cover appearances, and The Washington Post reported in 2017 that Trump had a fake picture of himself on the cover of the magazine hanging in several of his golf country clubs. Earlier this year, Trump sat for interviews with the magazine for a story that ran in April. Time’s billionaire owner, Salesforce CEO Marc Benioff, criticized Harris for not granting the magazine an interview during her campaign with Trump. In his latest interview published Thursday, Trump reiterated that he’s going to pardon most of those convicted in riot at the U.S. Capitol on Jan. 6, 2021. “It’s going to start in the first hour,” he said of the pardons. “Maybe the first nine minutes.” Trump said he would not ask members of his administration to sign a loyalty pledge. “I think I will be able to, for the most part, determine who’s loyal,” he said. But he said he will fire anyone who doesn’t follow his policies. On the war in Gaza, Trump said he wants to end the conflict and that Netanyahu knows it. When Trump was asked whether he trusted Netanyahu, he told Time: “I don’t trust anybody.” The incoming president also discussed his plans for mass deportations and argued he will have the authority to use the military to assist with the effort, even though, as the magazine notes, the Posse Comitatus Act forbids the deployment of the military against civilians. “It doesn’t stop the military if it’s an invasion of our country,” he said. “I’ll only do what the law allows, but I will go up to the maximum level of what the law allows.” Trump crafted his image as a wealthy real estate developer, which he played up as the star of the TV reality show “The Apprentice” and during his presidential campaign. He won the election in part by channeling Americans' anxieties about the economy’s ability to provide for the middle class. In an interview on CNBC after he rang the bell, Trump likened the broad cuts to the federal workforce that he and his advisers have telegraphed to the TV firings he made of contestants. “We're going to be doing the same thing, I can tell you. Unfortunately, there's too many of them," Trump said. Afterward, he walked the floor of the exchange and shook hands with traders. Associated Press writers Colleen Long and Josh Boak in Washington and Jill Colvin and David Bauder in New York contributed to this report.Is AI better at planning and booking a vacation than you are?US senator says mysterious drones spotted in New Jersey should be 'shot down, if necessary'
According to the new draft deal, developed nations should pay US$300 billion a year by 2035 to help poorer countries deal with climate change. BAKU - Countries agreed on Nov 24 to an annual finance target of US$300 billion (S$404 billion) to help poorer countries deal with the impacts of climate change, with rich countries leading the payments, according to a hard fought deal clinched at the COP29 conference in Baku. The new goal is intended to replace developed countries’ previous commitment to provide US$100 billion per year in climate finance for poorer nations by 2020. That goal was met two years late, in 2022, and expires in 2025. Developed nations should pay US$300 billion a year by 2035 to help poorer countries deal with climate change, after an earlier target of US$250 billion was rejected. Reuters previously reported that the European Union, the United States and others wealthy countries would support the US$300 billion annual global finance target in an effort to end a deadlock at the two-week summit. The COP29 climate conference in the Azerbaijan capital Baku had been due to finish on Nov 22, but ran into overtime as negotiators from nearly 200 countries struggled to reach consensus on the climate funding plan for the next decade. At one point delegates from poor and small island nations walked out of talks in frustration over what they called a lack of inclusion, and amid concerns fossil fuel producing countries were seeking to water down aspects of the deal. The summit cut to the heart of the debate over the financial responsibility of industrialized countries, whose historical use of fossil fuels has caused the bulk of greenhouse gas emissions, to compensate others for the damage wrought by climate change. It also laid bare the divisions between wealthy governments constrained by tight domestic budgets and developing nations reeling from the costs of worsening storms, floods and droughts. Fiji’s Deputy Prime Minister Biman Prasad told Reuters he was optimistic for an eventual agreement in Baku. “When it comes to money it’s always controversial but we are expecting a deal tonight,” he said. The new goal is intended to replace developed countries’ previous commitment to provide US$100 billion per year in climate finance for poorer nations by 2020. That goal was met two years late, in 2022, and expires in 2025. A previous US$250 billion proposal drawn up by Azerbaijan’s COP29 presidency was rejected as too low by poorer countries, which have warned a weak deal would hinder their ability to set more ambitious greenhouse gas emissions cutting targets. Countries also agreed on Nov 23 on rules for a global market to buy and sell carbon credits that proponents say could mobilise billions more dollars into new projects to help fight global warming, from reforestation to deployment of clean energy technologies. What counts as developed nation? Negotiators have been working to address other questions on the finance target, including who is asked to contribute and how much of the funding is provided as grants, rather than loans. The roster of countries required to contribute - about two dozen industrialised countries, including the US, European nations and Canada - dates back to a list decided during UN climate talks in 1992. European governments have demanded others join them in paying in, including China, the world’s second-biggest economy, and oil-rich Gulf states. Donald Trump’s US presidential election victory in November has also cast a cloud over the Baku talks. Trump, who takes office in January, has promised to again remove the US from international climate cooperation, so negotiators from other wealthy nations expect that under his administration the world’s largest economy will not pay into the climate finance goal. A broader goal of raising US$1.3 trillion in climate finance annually by 2035 - which would include funding from all public and private sources and which economists say matches the sum needed - was included in the draft deal. REUTERS Find out more about climate change and how it could affect you on the ST microsite here. Read 3 articles and stand to win rewards Spin the wheel nowJulen Lopetegui says West Ham were worthy winners at NewcastleBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC's “ Mad Money Lightning Round ,” Jim Cramer said MicroStrategy Incorporated (NASDAQ: MSTR ) is a Bitcoin play and he prefers to actually own Bitcoin (CRYPTO: BTC ). MicroStrategy announced it completed its previously announced offering of its 0% convertible senior notes due 2029. MicroStrategy said the aggregate principal amount of the notes sold in the offering was $3 billion, which includes $400 million aggregate principal amount of notes issued pursuant to an option to purchase. When asked about Oscar Health, Inc . (NYSE: OSCR ), he said, “Until I saw that Mark Bertolini is the CEO, I didn't really have much in store for this. But Bertolini's a winner and a hitter.” Don’t Miss: Coinbase’s latest promo gets you $50 in free bitcoin (Seriously!) — Here's everything you need to know to take advantage of this offer. Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence. On Nov. 7, Oscar Health reported a quarterly loss of 22 cents per share which missed the analyst consensus estimate of a loss of 19 cents per share. The company reported quarterly sales of $2.42 billion which beat the analyst consensus estimate of $2.34 billion. CNH Industrial N.V. (NYSE: CNH ) is a “second-rater,” Cramer said. “I want to go with best of breed, and best of breed is John Deere (NYSE: DE ).” On Nov. 7, CNH Industrial reported worse-than-expected third-quarter EPS results and also lowered FY24 adjusted EPS outlook. “The former, BGS, is a total loser and has been a loser for many, many years,” Cramer said when asked about B&G Foods, Inc. (NYSE: BGS ). On Nov. 5, B&G Foods reported worse-than-expected third-quarter financial results and issued FY24 net sales guidance below estimates. When asked about Rocket Lab USA, Inc . (NASDAQ: RKLB ), he said, “It's moth to flame, but I don't know how close the moth is to the flame.” On Nov. 19, Goldman Sachs analyst Noah Poponak maintained Rocket Lab with a Neutral and raised the price target from $5 to $12. Price Action: Oscar Health shares fell 4.1% to settle at $16.31 on Thursday. CNH Industrial shares gained 4.6% to close at $11.92. Rocket Lab shares gained 11.1% to close at $22.41. MicroStrategy shares fell 16.2% to settle at $397.28 during the session. Check It Out: A 9% Return In Just 3 Months EquityMultiple's ‘Alpine Note — Basecamp Series' is turning heads and opening wallets. This short-term note investment offers investors a 9% rate of return (APY) with just a 3 month term and $5K minimum. The Basecamp rate is at a significant spread to t-bills. This healthy rate of return won't last long. With the Fed poised to cut interest rates in the near future, now could be the time to lock in a favorable rate of return with a flexible, relatively liquid investment option. What's more, Alpine Note — Basecamp can be rolled into another Alpine Note for compounding returns, or into another of EquityMultiple's rigorously vetted real estate investments, which also carry a minimum investment of just $5K. Basecamp is exclusively open to new investors on the EquityMultiple platform. Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings. Image: Shutterstock This article Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin originally appeared on Benzinga.comUCF will attempt to shake off a dreadful offensive performance when it collides with LSU on Sunday afternoon in the third-place game of the Greenbrier Tip-Off in White Sulphur Springs, W.Va. The Knights (4-1) couldn't get anything going against No. 19 Wisconsin on Friday, going 21-for-62 from the field (33.9 percent) and just 2-for-17 from 3-point range (11.8 percent) en route to an 86-70 loss. Jordan Ivy-Curry finished with 13 points while Keyshawn Hall and Dior Johnson added 11 apiece for UCF, which never led and fell behind by as many as 23. Knights coach Johnny Dawkins is hoping that his team's struggles don't carry over into the meeting with the Tigers (4-1). "We have to do better offensively," Dawkins said. "We have to space the floor better. We have to balance our offense between our perimeter and our bigs. Those are things that we didn't do consistently (on Friday)." LSU also needs to clean things up after committing 15 turnovers in a 74-63 setback against Pitt on Friday. Tigers forward Jalen Reed doesn't believe giving the ball away will be a lingering issue. "I feel like a lot of our turnovers were more on us than them," Reed said. "I feel like a lot of the turnovers were careless, but we're a better team than that and I feel like we'll take care of the ball better moving forward." Reed and Vyctorius Miller each posted 14 points in the loss to the Panthers, with Reed also hauling in seven rebounds. Cam Carter chipped in 11 points. Carter is putting up a team-leading 16.4 points per game. Jordan Sears (12.0 points per game), Reed (11.0) and Miller (10.2) also have scoring averages in double figures. Ivy-Curry (16.8 points per game), Hall (16.2) and Darius Johnson (13.0) have been leading the way for UCF. Sunday marks the first-ever meeting between the Knights and Tigers. --Field Level Media
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Lazio are guaranteed a place in at least the Europa League play-offs as they are , while Roma boost their chances of getting into the top 24. The Biancocelesti put in a dominant performance in Amsterdam to with goals from Loum Tchaouna, Fisayo Dele-Bashiru and veteran Pedro. It puts them on 16 points from six games in the Europa League, joint top with Athletic Club, but ahead on a superior goal difference of +11. This guarantees them a place in the top 24 places, which is worth a spot in at least the play-offs, although the top eight is what allows teams to go directly into the Round of 16. at the Stadio Olimpico to bolster their position to 14 on nine points. As things stand, it would still be enough to qualify the Giallorossi for a seeded spot in the play-offs draw. The top eight go directly into the Round of 16, teams from 9-16 are seeded in the play-offs, facing a side from 17-24. The sides from 25 place onwards are eliminated from Europe altogether when this phase concludes in January.India can lead the way in tackling antimicrobial resistanceBusiness Don't miss out on the headlines from Business. Followed categories will be added to My News. Google is expanding its $1bn undersea cable project to connect Darwin and Singapore via Christmas Island, a move it says will boost “reliability and resilience” of Australia’s internet connectivity and provide a new link between the US and Asia. Google will also install a new interlink cable to connect Melbourne, Perth and Christmas Island and link to the Homomoana cable system, which connects to the US. This will provide a new interconnection point between America and Asia. Seabed infrastructure is increasingly critical to national security, with up to 99 per cent of transregional digital data transported by the global subsea data cable system and becoming warfare targets. Last week a 1200m undersea fibre-optic cable linking Finland and Germany was severed . The two countries said in a joint statement that they were investigating the incident, which “immediately raises suspicions of intentional damage” with Russia suspected of orchestrating the attack as Europe’s security is threatened by the war in Ukraine. An undersea telecommunications cable linking the Germany and Finland had been severed, with Russia suspected of the attack as tensions flare over the war against Ukraine. Google has partnered with NextDC, SUBCO, Vocus and state and local governments to deliver the expanded cable system under its $1bn “Pacific Connect” project, which Communications Minister Michelle Rowland praised as “strengthening the resilience of Australia’s own digital connectivity through new and diversified routes”. Ms Rowland said the investment complemented the federal government’s “active work” with industry and government partners to support secure, resilient and reliable connectivity across the Pacific.” Google Cloud vice president of global network infrastructure Brian Quigley named the new cable the Bosun subsea cable, which he said refers to the white-tailed tropicbird on Christmas Island and the nautical term for a ship’s deckhand. Communications Minister Michelle Rowland. “Once operational, Bosun and the interlink cable will deliver new digital pathways for Australia, enhancing the reliability and resilience of the internet within the country and throughout the Indo-Pacific region,” Mr Quigley said. “In addition to the Bosun subsea cable system, we’re working with partners like Vocus to deliver terrestrial fibre pairs that connect Darwin to the Sunshine Coast, connecting Bosun with the Tabua subsea cable system that connects the United States and Australia to Fiji.” NextDC chief executive Craig Scroggie said submarine cables were “critical, often unseen lifelines linking Australia to the global digital ecosystem”. “We’re proud to be working in partnership with Google in establishing cable landing stations in Darwin, the Sunshine Coast, and Melbourne. These investments across our national data centre network will improve every customer’s experience by boosting data speeds, enhancing reliability and redundancy, and strengthening cybersecurity across Australia and the Indo-Pacific.” NextDC boss Craig Scroggie says submarine cables are ‘critical, often unseen lifelines linking Australia to the global digital ecosystem’. Jarrod Nink, interim chief executive of Macquarie-backed Vocus – which acquired TPG’s enterprise fixed and fibre assets , including its NBN competitor Vision Network, for $5.25bn in October – said was also “thrilled” to “deepen our strategic network partnership with Google”. “Australia Connect will bolster our nation’s strategic position as a vital gateway between Asia and the United States by connecting key nodes located in Australia’s East, West, and North to global digital markets,” Mr Nink said. “Australia Connect will create a low latency, secure, and stable network architecture while providing added reliability for Google, our customers, and partners.“ SUBCO co-chief executive Belle Lajoie said: “This collaboration allows both parties to harness shared infrastructure, enhancing resiliency, speeding up project delivery, and minimising environmental and community impact”. Originally published as Google expands $1bn sea cable project to connect US and Asia via Darwin Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Business Shock waves: markets hit by Trump’s tariff plans Stocks have fallen and the Australian dollar has been pummelled by fear of a global trade war after US president elect Donald Trump announced a hardline tariff plan. Read more Business Trump’s rise could spoil BHP’s run at Anglo As restrictions on BHP making another mega-approach to Anglo’s board lift in coming days, this time the Australian miner could be racing against another clock. Read more
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Undefeated Oregon and No. 23 Texas A&M will collide Tuesday afternoon in Las Vegas in the second game of the new Players Era Festival. Both teams are in the "Power" group of the eight-team event. All eight teams are receiving $1 million for their name, image and likeness (NIL) collectives, but placing fourth or higher in the tourney in order will net them anywhere from $1.1 million to $1.5 million. The Aggies (4-1) opened the season with a three-point loss at UCF, but since then have won four straight, all in convincing fashion. Texas A&M upset then-No. 21 Ohio State 78-64 on Nov. 15 at home in College Station, Texas. Then the Aggies crushed Southern 71-54 last Wednesday, when Wade Taylor IV led the way with 17 points and six assists. All of Texas A&M's wins have been by double digits. The Aggies and Ducks (5-0) have split the two previous meetings against each other. Until March 2022 in an NIT second-round game, they had not met since the 1970-71 season. Texas A&M tied the overall series with a 75-60 win at home in 2022. The only player on the Ducks' current roster who played in that game was 7-foot senior Nate Bittle, who has been one of Oregon's best players so far this season. Bittle's 16.2 points and 10.2 rebounds per game lead the Ducks so far this season, and the big man also averages two blocked shots per game. Texas A&M guard Zhuric Phelps, a transfer from SMU, leads the Aggies in scoring at 16 points per game. Taylor adds 14 points per game. The Aggies could be the best defensive team the Ducks will have seen this season. A&M is allowing teams to shoot only 36.6 percent in games. Head coach Buzz Williams and his staff are hoping the team gets better at taking charges on defense, as the Aggies have just one so far this season. "I guess the thing that you work on most is verticality around the rim," Texas A&M assistant coach Steve Roccaforte told KBTX television. "‘Hey, once you get there, if you try and take a charge, it's going to be a block. Just jump as high as you can, stay vertical, try to go chest-to-chest. Make it a hard shot.'" Oregon is coming off a 78-75 win at Oregon State, the Ducks' first road game of the season. The Ducks trailed by 10 points at halftime but, as they have in several games this season, they found a rhythm on offense in the second half and came up with a comeback win. Bittle's 23 points and 14 rebounds led the way. Jackson Shelstad had 15 points and Jadrian Tracey and Keeshawn Barthelemy both added 10. "We started rebounding the ball a little better. Nate really got it going inside and our guys got him the ball," Oregon head coach Dana Altman told the school's athletics website. "He had a heck of a game." --Field Level MediaNew tires, new buses, more staff: TransLink lays out winter weather plan
On Tuesday morning, Sheila Gonzalez was reading news reports about the arrest of a man charged with killing Greensboro Police Officer Michael Horan a day earlier in the Lawndale Food Lion. She immediately recognized Tarell McMillian's mugshot. Why? Because he was at the same Food Lion on Monday morning filling her Instacart order, she says. Instacart is a delivery company where users of the platform can pay someone to buy and deliver their groceries to their home. "My Instacart shopper yesterday was Tarell McMillan!" she posted on Nextdoor , the neighborhood social media app. Horan was shot inside the store yesterday morning around 11 a.m. after responding to a call about a man with a firearm inside the Food Lion according to law enforcement. People are also reading... According to screenshots from Gonzalez's post, she had received a message from Instacart at 10:32 a.m. saying McMillian had begun shopping for her. At 11:48 a.m. she had received a notification that her order was running late. Ramona Miller, 63, who was in the store at the time of the shooting, said Tuesday a man who looked like McMillian was rushing through aisles and pushing carts aside to pass. She said she heard five or six gunshots coming from near the produce section. Gonzalez's post goes on to say that McMillan "was at Food Lion and stopped shopping halfway through my order, and my order was reassigned. I thought it was unusual at the time, but didn't think much of it until I saw a news alert about a police officer being shot. My first thought was that my shopper was present when the incident occurred." Gonzalez was shocked to find out it that the person shopping for her was the person being held responsible for the shooting. "It’s chilling to think someone dangerous was almost at my doorstep," she wrote. "I'm now rethinking using these services, especially during the busy holidays. Please stay alert and safe!" Reporter Susie Spear contributed to this report. camdyn.bruce@greensboro.com 336-373-7094 Get the latest in local public safety news with this weekly email.ANN ARBOR, Michigan (AP) — Michigan defensive lineman Kenneth Grant is skipping his final college season to enter the NFL draft. Grant, a key part of the Wolverines' 2023 national championship team, announced his decision Thursday on X, formerly known as Twitter. Fellow Michigan interior lineman Mason Graham had already declared for the draft. Both are projected as likely first-round picks. The 6-foot-3, 339-pound Grant was a third-team Associated Press All-American. He had 32 tackles, 6 1/2 tackles for loss and a pair of fumble recoveries. Grant helped Michigan upset Ohio State in the Big Ten regular-season finale, making four tackles. Cornerback Will Johnson and tight end Colston Loveland have also declared for the draft leading up to Michigan's game against No. 11 Alabama in the ReliaQuest Bowl. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballMan arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say