Although blind people cannot see, they often still possess the brain regions that enable vision. Does this mean that blind people can dream in visual images? In some cases, they can. A 2014 study found that people who were not born blind but had lost their vision later in life sometimes reported visual experiences in their dreams. These dreams likely drew from memories from when they still had sight. However, the earlier a person had lost their vision in life, and the longer they were blind, the less likely they were to see images in dreams, the study noted. "A person blind at age 7 or before who has been blind for, say, 20 years, loses virtually all visual experiences in their dreams," study co-author Maurice Ptito , a visual neuroscientist at the University of Montreal, told Live Science. When it comes to people who are congenitally blind — those born without vision — "dreams tend to rely more heavily on other senses such as hearing, touch, taste and smell," Monica Gori , a cognitive neuroscientist at the Italian Institute of Technology in Genoa, told Live Science. Most studies suggest visual experiences are generally absent in the dreams of those who are blind from birth. "However, there are a few dream studies that have challenged this notion," Ivana Rosenzweig , head of the Sleep and Brain Plasticity Centre at King's College London, told Live Science. Related: Why can't we remember our dreams? For instance, a 2003 study in the journal Trends in Cognitive Sciences reported that people with congenital blindness who were scanned with electrodes on their scalps as they slept had evidence of brain waves associated with vision. A 2023 study from Rosenzweig and her colleagues, which analyzed 180 dreams of seven congenitally blind people, also found reports of vision-like descriptions. Sign up for the Live Science daily newsletter now Get the world’s most fascinating discoveries delivered straight to your inbox. "What we find most surprising and exciting about the possibility that congenitally blind individuals might dream in visual images is the idea that dreams could provide access to experiences that these individuals have never encountered in their waking lives," Helene Vitali , a cognitive neuroscientist at the Italian Institute of Technology, told Live Science. However, although activity may occur in the visual cortex of blind people's brains as they dream, that does not necessarily mean they see images as they sleep, Ptito said. "In the congenitally blind, the visual cortex has been recruited for other functions," Ptito said. For instance, "with blind people who can read Braille, if you stimulate their visual cortex, they feel sensation in their fingers. The visual cortex does not stop working in blind people — it gets reassigned." Ptito noted that "we've had blind people in fMRI [functional magnetic resonance imaging] scanners and sent smells to their noses while taking pictures of their brains, and found this information goes to their visual cortex." The same held true with auditory and touch sensations, he added. Although Ptito argued that activity in the visual cortex does not mean that blind people see pictures during dreams, Vitali suggested other possibilities. One is that the brain's visual system may form abstract concepts from a blind person's senses that might be represented in a visual way for them. Another is that "REM sleep acts like a virtual reality simulator, helping the brain develop and maintain complex abilities like perception and motor skills," she said. This could mean blind people's brains could generate images within dreams even if they could never have such experiences when they are awake. One key problem with investigating whether congenitally blind people dream in images is that, even if they do see pictures, they have no experience relating them to what sighted people describe as vision, Christopher Baird , an associate professor of physics at West Texas A&M University, explained in a blog post . — Why do babies rub their eyes when they're tired? — Why doesn't your vision 'go dark' when you blink? — Can carrots give you night vision? To help address this problem, Gori and her colleagues are now exploring how blind people construct and experience dream images. "The results are currently being finalized and will be available soon," she said. Ptito also noted that artificial intelligence may one day analyze brain scans of blind people as they dream to help see how similar their brain activity is to what sighted individuals experience. One possible application of this research is the potential to harness dreams as a rehabilitative tool, Vitali said. "There is evidence that dreaming about certain tasks or experiences can enhance memory and learning," Vitali said. This suggests "targeting the dream state through sensory stimulation during sleep could help reinforce specific abilities, such as spatial awareness." This may provide a new way to help people with blindness, as "blind individuals often face challenges in developing spatial maps and performing complex spatial tasks," she noted.Salt Lake City, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intermountain Health has named Ryan Smith as its next chief digital and information officer (CDIO), following an extensive national search. He will begin his new role in early 2025. Intermountain’s search for a CDIO included a thorough recruiting process that involved internal and external partners who vetted candidates throughout the United States. Smith is a seasoned leader with deep roots in healthcare technology and an impressive portfolio of experience with Intermountain. He served in several senior leadership roles across the enterprise for nearly 20 years. He then held executive roles with Health Catalyst and served as senior vice president of technology and chief information officer at Banner Health. Following those positions, Smith returned to Intermountain as chief information officer (CIO) from 2020 to 2022 before joining Graphite Health as its chief operating officer. Ryan now serves as Graphite’s interim president and chief executive officer, advancing the nonprofit organization’s endeavor to make healthcare data more universal, accessible, and scalable. “This opportunity is deeply meaningful to me,” said Smith. “I'm excited for the opportunity to make healthcare an easier, safer experience for patients, members, and caregivers alike.” “I’m confident that Ryan is the right leader to help Intermountain successfully navigate both opportunities and obstacles as a model health system in the complex world of healthcare that lies ahead,” said Rob Allen Intermountain Health president and CEO. “He will lead DTS to support our mission, vision, and strategy to simplify, expand proactive care, and improve the healthcare experience for our caregivers, patients, members, and communities.” As Intermountain’s CDIO, Ryan will report directly to Dan Liljenquist, chief strategy officer. He will also serve as a member of the Enterprise Leadership Team. Smith will lead Intermountain's Digital Technology Services (DTS), including DTS Operations, Digital Services, Data Services, Clinical Informatics, Information Security, and Information Technology. Leaders of each team will report directly to Smith and will continue to serve on the DTS Leadership Team. ### Attachment Ryan Smith Lance Madigan Intermountain Health 385.275.8245 intermountainnews@imail.orgKendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City. Top football recruit Bryce Underwood changes commitment to Michigan instead of LSU, AP source says ANN ARBOR, Mich. (AP) — Top football recruit Bryce Underwood has flipped to Michigan after pledging to play at LSU. That's according to a person familiar with the situation who spoke to The Associated Press on condition of anonymity because they were not authorized to share the recruit’s plans to join the Wolverines. Underwood pinned a post on his Instagram account, showing a post in which On3.com reported that he has committed to Michigan. The 6-foot-3 quarterback played at Belleville High School about 15 miles east of Michigan's campus, and told LSU nearly a year ago he intended to enroll there. Emperor penguin released at sea 20 days after waddling onto Australian beach MELBOURNE, Australia (AP) — The only emperor penguin known to have swum from Antarctica to Australia has been released at sea 20 days after he waddled ashore on a popular tourist beach. The adult male was found on Nov. 1 on sand dunes in temperate southwest Australia about 2,200 miles north of the Antarctic coast. He was released Wednesday from a boat that traveled several hours from Western Australia state's most southerly city of Albany. His caregiver Carol Biddulph wasn't sure at first if the penguin would live. She said a mirror was important to his rehabilitation because they provide a sense of company. Biddulph said: “They’re social birds and he stands next to the mirror most of the time.”
The Minister for Refugees and Repatriation, Khalil Ur-Rahman Haqqani, was killed on Wednesday afternoon in a suicide bombing at the ministry's offices in the Afghan capital. Thousands of men, many of them armed, gathered for Haqqani's funeral in his home village of Sarana, in a mountainous area of Paktia province, south of Kabul. The funeral included heavy security, with armoured vehicles, snipers and personnel manning the area and the road from Kabul, which was jammed with hundreds of cars as mourners travelled from surrounding provinces. Senior Taliban officials, including the Chief of Army Staff Qari Fasihuddin Fitrat, and Maulawi Abdul Kabir, political deputy of the prime minister's office, attended the funeral, according to an AFP team on site. The deceased's nephew, the powerful interior minister, Sirajuddin Haqqani, also attended, along with foreign minister Amir Khan Muttaqi. In a speech there, Muttaqi said the latest IS attacks had been planned "abroad", denouncing, without naming them, "countries harbouring" the organisation. "We call on all nations to work together to stop the common enemy, which does not recognise any kind of morality." In September, the Taliban authorities said IS had training camps in Balochistan province of Pakistan, which also regularly faces jihadist attacks. Haqqani, the highest ranked member of the Taliban government to be killed in an attack since their return to power, "was a big loss for us, the system and the nation", said Paktia resident Hedayatullah, 22. "May God protect our other leaders and keep them victorious." "Our leader... who had his life brutally taken away, achieved martyrdom," said Bostan, 53, haranguing the "cowardly attack" that killed Haqqani. The United Nations mission in Afghanistan condemned the attack on Thursday, offering condolences to the victims' families. "There can be no place for terrorism in the quest for stability," the UN Assistance Mission in Afghanistan (UNAMA) said on X. The European Union and the Organization of Islamic Cooperation also condemned the attack, along with Qatar, Saudi Arabia, Pakistan and Iran. Haqqani -- who is on US and UN sanctions lists and never appeared without an automatic weapon in his hand -- was the brother of Jalaluddin Haqqani, founder of the feared Haqqani network responsible for some of the most violent attacks during the Taliban's two-decade insurgency. The Islamic State group claimed responsibility for the attack, saying a bomber detonated an explosive vest inside the ministry, according to a statement on its Amaq news agency, as translated by the SITE Intelligence Group. Taliban authorities had already blamed IS for the "cowardly attack" -- the first targeting a minister since the Taliban returned to power in 2021. Violence has waned in Afghanistan since the Taliban forces took over the country that year, ending their war against US-led NATO coalition forces. However, the regional chapter of IS, known as Islamic State Khorasan, is active in Afghanistan and has regularly targeted civilians, foreigners and Taliban officials with gun and bomb attacks. bur-qb-sw/nroWayfair’s Black Friday sale has cozy seasonal favorites up to 80% offHail Flutie: BC celebrates 40th anniversary of Miracle in Miami
Chargers WR Ladd McConkey sets franchise rookie records in rout of Patriots
Former Patriots coach Bill Belichick will head coach North Carolina's Tar Heels
CLEMSON, S.C. (AP) — Cade Klubnik threw for three touchdowns, backup running back Jay Haynes scored twice on the ground and defensive tackle Payton Page had a 57-yard pick-6 score as No. 17 Clemson routed The Citadel 51-14 Saturday to move to 39-0 all-time against FCS opponents. The Tigers (9-2) won their third straight and still held on to feint hopes of reaching the Atlantic Coast Conference title game and the College Football Playoff. Clemson, which finished ACC play at 7-1 with last week's 24-20 win at Pittsburgh, needs No. 11 Miami to lose at Syracuse next week to play for a league crown for the eighth time in 10 seasons. Clemson cranked it up early in this one, looking a lot like the offense that averaged better than 48 points during a six-game win streak earlier this season instead of the one that had not surpassed 24 points in any of its past three contests. Klubnik connected with Antonio Williams for a 30-yard TD to start the scoring and then the 315-pound Page stretched out for an interception and rumbled along the left sidelines — losing momentum with each step — for Clemson's first score from a defensive lineman in four years and a 14-0 lead. And Page wasn't the only defender to score. Clemson's All-American linebacker Barrett Carter playing his next-to-last home game, had a 4-yard TD run on Senior Day to end the Tigers' scoring. The Citadel (5-7), of the FCS Southern Conference, went on to its 19th straight loss to Clemson since 1932. Klubnik completed 12 of 16 passes for 198 yards. He headed to the sidelines after his second TD pass to Williams that gave the Tigers a 42-0 lead in the third quarter. Haynes got the bulk of the work after starter Phil Mafah achieved his 1,000-yard rushing season with three first-quarter runs. Haynes had scoring runs of 70 and 9 yards. The Citadel: The Bulldogs are the leaders among FCS teams in victories over FBS opponents with nine since the college football split into Division I and Division I-AA in 1978. They couldn't stay competitive, but did roll up a season-high 288 yards rushing and scored a touchdown against Clemson for the first time in the past four games in the series. Clemson: The Tigers reached nine wins in a season for the 14th-straight time. Only Alabama, which entered the season with 16 straight nine-win seasons, had a longer current streak. The Citadel's season is complete. Clemson closes the regular season with its rivalry game with South Carolina on Saturday. 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-footballMAURA Higgins' mum has revealed her "shock" after her daughter made a raunchy sex confession on I'm A Celebrity. The reality star's beloved mum Sharon is over in Australia to support her daughter whilst she is in the jungle. Former Love Islander Maura , 34, has made several saucy confessions during her time on the show, including one where she revealed she told her mother "EVERYTHING!" . But Sharon has now said sometimes her daughter gives a away a bit "too much" information. Speaking to The Mirror , she said: “I would say to her on Facetime, ‘is everything okay? Are you happy in all aspects of your relationship?’ "And she would always try and embarrass me by saying this, that and the other and I would say: ‘too much information. I don’t need to know, I don’t need to know.’ "She likes to make me embarrassed.” Meanwhile, earlier today The Sun exclusively revealed how Sharon is yet to meet her rumoured lover Pete Wicks . She told us: "I don't know him. I only know what she has told me, which is that she's single. She's just getting on with it. "I suppose being single, she's a young woman, she's going to date. She obviously doesn't want anything serious yet, so I don't know. "I never watch Strictly. I've never had interest in it. It's not a show I've ever watched, so I'm not going to start now." After starring on Love Island in 2019, Maura gained a reputation for being out spoken Commenting on this, Sharon told us: "I've always brought my children up to stand up for themselves. You have to in this life. "Maura has always listened to that end of things with me. "Because you cannot go about and have people insult you. "If there's anything somebody says that is inappropriate, you're entitled to speak up and tell them, 'No, you cannot do that'. "I like that she can stand up for herself. "But also the other side of Maura is, if she has an issue with somebody, she'll tell them. "She doesn't hold grudges. If it's ironed out, it's forgotten about." Asked about her friendship with Reverend Richard Coles - who she lived with in the Jungle Junkyard - Sharon said: "Maura gets on with everybody. "That was the pinnacle for me - I loved the banter between the two of them. It had me in stitches, I loved it. "Maura loves meeting new people, and anybody she does meet, they're friends for life. That's the way she is. "Maura is Maura. She has a potty mouth, but she's funny. I think with Maura, it's just her character. "She's fun-loving and she's a bubbly girl. She's always making any situation bright somehow by cracking jokes and having fun." i'm A Celebrity is back for its 24th series, with a batch of famous faces living in the Aussie jungle. The Sun's Jake Penkethman takes a look at the stars on the show this year.. Coleen Rooney - Arguably the most famous name in the camp, the leading WAG, known for her marriage to Wayne Rooney , has made a grand return to TV as she looks to put the Wagatha Christie scandal behind her. The Sun revealed the mum-of-four had bagged an eye-watering deal worth over £1.5million to be on the show this year making her the highest-paid contestant ever. Tulisa - The popstar and former X Factor judge has made her triumphant TV comeback by signing up to this year's I'm A Celeb after shunning TV shows for many years. Known for being a member of the trio, N-Dubz, Tulisa became a household name back in 2011 when she signed on to replace Cheryl on ITV show The X Factor in a multi-million pound deal. Alan Halsall - The actor, known for playing the long-running role of Tyrone Dobbs on ITV soap opera Coronation Street, was originally signed up to head Down Under last year but an operation threw his scheduled appearance off-course. Now he has become the latest Corrie star to win over both the viewers and his fellow celebrities. Melvin Odoom - The Radio DJ has become a regular face on TV screens after rising to fame with presenting roles on Kiss FM, BBC Radio 1 and 4Music. Melvin has already been for a spin on the Strictly dancefloor and co-hosted The Xtra Factor with Rochelle Humes in 2015 but now he is facing up to his biggest challenge yet - the Aussie jungle . GK Barry - The UK's biggest social media personality, GK, whose real name is Grace Keeling, has transformed her TikTok stardom into a lucrative career. Aside from her popular social media channels, she hosts the weekly podcast, Saving Grace, and regularly appears on ITV talk show, Loose Women. She has even gone on to endorse popular brands such as PrettyLittleThing, KFC and Ann Summers. Dean McCullough - A rising star amongst this year's bunch of celebs , Dean first achieved notability through his radio appearances on Gaydio and BBC Radio 1. He was chosen to join the BBC station permanently in 2021 and has featured prominently ever since. He has enjoyed a crossover to ITV over the past year thanks to his guest slots on Big Brother spin-off show, Late & Live. Oti Mabuse - The pro dancer has signed up to her latest TV show after making her way through the biggest programmes on the box. She originally found fame on Strictly Come Dancing but has since branched out into the world of TV judging with appearances on former BBC show The Greatest Dancer as well as her current role on ITV's Dancing On Ice . Danny Jones - The McFly star was drafted into the programme last minute as a replacement for Tommy Fury. Danny is the second member of McFly to enter the jungle , after Dougie Poynter won the show in 2011. He is also considered a rising star on ITV as he's now one of the mentors on their Saturday night talent show, The Voice , along with bandmate Tom Fletcher. Jane Moore - The Loose Women star and The Sun columnist is braving the creepy crawlies this year. The star is ready for a new challenge - having recently split from her husband . It will be Jane's first foray into reality TV with the telly favourite having always said no to reality shows in the past. Barry McGuigan - Former pro boxer Barry is the latest fighting champ to head Down Under following in the footsteps of Tony Bellew and Amir Khan. It comes after a tough few years for Irish star Barry, who lost his daughter Danika to bowel cancer . He told The Late Late Show in 2021: "She was such an intrinsic part of the family that every day we ache." Maura Higgins - The Irish TV beauty first found fame on Love Island where she found a brief connection with dancer Curtis Pritchard . Since then, she has competed on Dancing On Ice as well as hosting the Irish version of the beauty contest, Glow Up. Since last year, she has been working on building up her career in the US by being the social media correspondent and host of Aftersun to accompany Love Island USA. She even guest hosted an episode of the spin-off, Love Island Games, in place of Maya Jama last year. Rev. Richard Coles - Former BBC radio host the Rev Richard Coles is a late arrival on I’m A Celebrity , and he's ready to spill the beans on his former employer. The former Communards and Strictly star , said the BBC did not know its a**e from its elbow last year. An insider said: "Rev Coles will have a variety of tales to tell from his wild days as a pop star in the Eighties, through to performing on Strictly and his later life as a man of the cloth."None
Eric Venker Sells 100,000 Shares of Roivant Sciences Ltd. (NASDAQ:ROIV) Stock
President-elect Trump announces a number of cabinet appointeesNEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect Donald Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also came out against the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must revoke Elon Musk’s multibillion-dollar pay package. The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for lower tax rates and bigger tariffs could spur higher inflation along with economic growth. But traders are still confident the Federal Reserve will cut its main interest rate again at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the monthly jobs report , which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where President Yoon Suk Yeol declared martial law and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats to raise tariffs , including for goods coming from China . Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about politics in Paris , where the government is battling over the budget. AP Business Writers Yuri Kageyama and Matt Ott contributed.OTTAWA - Canada has again breached its years-long policy and voted in support of a United Nations motion critical of Israel, based on concerns about the viability of a two-state solution. Read this article for free: Already have an account? To continue reading, please subscribe: * OTTAWA - Canada has again breached its years-long policy and voted in support of a United Nations motion critical of Israel, based on concerns about the viability of a two-state solution. Read unlimited articles for free today: Already have an account? OTTAWA – Canada has again breached its years-long policy and voted in support of a United Nations motion critical of Israel, based on concerns about the viability of a two-state solution. “The dynamics in the broader region show very clearly that conflict management, as opposed to genuine conflict resolution, is not in fact a sustainable path to peace, security and prosperity,” Canada’s ambassador to the United Nations, Bob Rae, told a UN plenary Tuesday. For years, Canada backed Israel in votes at the international body, but the federal Liberals changed that policy a year ago, citing concerns over policies that undermine Ottawa’s decades-long policy of advocating for an eventual Palestinian country that would exist in peace alongside Israel. That change also came amid widespread concern from humanitarian groups and legal experts about Israel’s compliance with international humanitarian law in its campaign in the Gaza Strip. UN member states passed a motion 157 to 8, with seven abstentions, reaffirming the illegality of Israeli settlements in occupied Palestinian territories and condemning the use of force against Palestinian civilians. The motion passed Tuesday also calls for a peace conference, and is similar to motions brought before the UN multiple times. It called out “terror against civilians on all sides” but did not name Hamas or any Palestinian militant group, drawing criticism from Israel advocates. Rae said the motion should have been more balanced, but Ottawa wanted to signal its concern about the viability of a Palestinian state. “We voted in favour of this resolution, like many, many others (did) to signal our firm commitment to the two-state solution,” he said. Rae reiterated condemnation of the October 2023 attack by Hamas against Israel, and called for the return of all hostages including the body of Canadian citizen Judih Weinstein Haggai. “All Palestinians deserve to be led by a legitimate and representative government without the participation of a terrorist organization such as Hamas,” Rae told the UN plenary. Conservative foreign affairs critic Michael Chong decried today’s vote as singling out Israel, writing on the platform X that supporting the motion would “reverse Canada’s long-standing position on Israel.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. He said that a Conservative government would be “ensuring alignment with our closest democratic allies.” Tuesday’s vote was supported by the U.K., Japan and most European Union states. The Centre for Israel and Jewish Affairs says the Liberals had voted against similar motions for almost a decade. “Today’s reversal to vote yes instead represents an abandonment of Canada’s long-standing, principled foreign policy,” the group wrote on X. This report by The Canadian Press was first published Dec. 3, 2024. Advertisement Advertisement
NEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect Donald Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also came out against the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must revoke Elon Musk’s multibillion-dollar pay package. The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for lower tax rates and bigger tariffs could spur higher inflation along with economic growth. But traders are still confident the Federal Reserve will cut its main interest rate again at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the monthly jobs report , which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where President Yoon Suk Yeol declared martial law and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats to raise tariffs , including for goods coming from China . Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about politics in Paris , where the government is battling over the budget. AP Business Writers Yuri Kageyama and Matt Ott contributed.
AP Business SummaryBrief at 4:36 p.m. EST
Principal Financial Group Inc. raised its position in Immunocore Holdings plc ( NASDAQ:IMCR – Free Report ) by 25.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 546,318 shares of the company’s stock after acquiring an additional 109,206 shares during the period. Principal Financial Group Inc.’s holdings in Immunocore were worth $17,007,000 as of its most recent SEC filing. Other large investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC raised its holdings in Immunocore by 40.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 5,075 shares of the company’s stock valued at $158,000 after acquiring an additional 1,461 shares in the last quarter. Connective Portfolio Management LLC acquired a new position in shares of Immunocore in the 3rd quarter worth approximately $218,000. China Universal Asset Management Co. Ltd. raised its holdings in shares of Immunocore by 69.7% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 7,433 shares of the company’s stock worth $231,000 after buying an additional 3,053 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Immunocore in the 2nd quarter worth approximately $303,000. Finally, Seven Eight Capital LP acquired a new stake in Immunocore during the 2nd quarter valued at $434,000. Institutional investors and hedge funds own 84.50% of the company’s stock. Analyst Ratings Changes IMCR has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $35.00 price target (down from $74.00) on shares of Immunocore in a report on Friday, December 13th. UBS Group assumed coverage on Immunocore in a research report on Thursday, October 24th. They issued a “sell” rating and a $24.00 price objective for the company. HC Wainwright reiterated a “buy” rating and set a $100.00 price target on shares of Immunocore in a research report on Thursday, October 24th. Needham & Company LLC reduced their price objective on shares of Immunocore from $78.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Finally, Guggenheim downgraded Immunocore from a “buy” rating to a “neutral” rating in a research note on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $65.64. Immunocore Stock Down 3.4 % NASDAQ:IMCR opened at $29.18 on Friday. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of -30.72 and a beta of 0.73. The company has a current ratio of 3.78, a quick ratio of 3.76 and a debt-to-equity ratio of 1.03. The stock has a 50-day moving average price of $31.66 and a two-hundred day moving average price of $34.30. Immunocore Holdings plc has a 1 year low of $27.69 and a 1 year high of $76.98. Immunocore ( NASDAQ:IMCR – Get Free Report ) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.33) by $0.50. The business had revenue of $80.25 million for the quarter, compared to analysts’ expectations of $78.94 million. Immunocore had a negative net margin of 15.87% and a negative return on equity of 12.84%. The firm’s revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.59) EPS. As a group, equities analysts expect that Immunocore Holdings plc will post -0.94 earnings per share for the current year. About Immunocore ( Free Report ) Immunocore Holdings plc, a commercial-stage biotechnology company, engages in the development of immunotherapies for the treatment of cancer, infectious, and autoimmune diseases. The company offers KIMMTRAK for the treatment of patients with unresectable or metastatic uveal melanoma. It also develops other programs for oncology, including tebentafusp that is in Phase 2/3 clinical trial to treat advanced cutaneous melanoma. Recommended Stories Want to see what other hedge funds are holding IMCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Immunocore Holdings plc ( NASDAQ:IMCR – Free Report ). Receive News & Ratings for Immunocore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Immunocore and related companies with MarketBeat.com's FREE daily email newsletter .Trump-Musk bromance ‘attractive to young Aussie males’ lacking political role modelsThe stock market will end 2025 lower than its current levels, according to Stifel chief investment strategist Barry Bannister. Bannister sees sticky inflation prompting the Federal Reserve to hold interest rates high as economic growth weakens, serving as key catalysts to the eventual pullback in the stock market rally. Bannister sees the S&P 500 ( ^GSPC ) ending 2025 in the mid 5,000s. As of Thursday afternoon, the S&P 500 was hovering just shy of an all-time high at about 6,070. Among the more than 17 strategists tracked by Yahoo Finance who have listed 2025 year-end calls for the S&P 500, Bannister is the lone strategist to call for the benchmark index to fall in 2025. Still, he isn't alone in calling for a pullback in the second half of 2025. On Wednesday, Fundstrat head of research Tom Lee said he believes the S&P 500 will rally to 7,000 midway through the year before falling to 6,600. "The environment does not appear conducive to continued equity mania, and we prefer more defensive sectors," Bannister wrote in a note to clients on Thursday. He added that slower economic growth would benefit "defensive value" sectors, including the Healthcare ( XLV ), Utilities ( XLU ), and Staples ( XLP ) sectors. Bannister believes the Fed will cut interest rates by 25 basis points at each of its next two meetings before enacting a longer pause on rate cuts due to sticky inflation and "zero fiscal visibility." To Bannister's point, recent data has shown inflation isn't falling rapidly to the Fed's 2% target. This has prompted economists to believe the Fed will likely cut interest rates less than initially hoped in 2025. Strategists have argued how much the Fed cuts in 2025 isn't the key determinant of the equity market. Instead, they argue, the key is the US economic growth trajectory. "The growth backdrop has been a key driver [of the stock market rally]," Charles Schwab senior investment strategist Kevin Gordon told Yahoo Finance. "So if you have still relatively sticky inflation, but if the economy's run rate is still relatively strong, which has been the case for most of this year, then I think the market can continue to do well." Continued strong growth from the US economy has been a key driver behind many of the calls for the bull market to keep running in 2025. Wells Fargo's Christopher Harvey has said he believes the S&P 500 ends next year at 7,007 and has highlighted a "cyclical opportunity catalyzed by upward GDP revisions." Bank of America Securities offered a similar take when calling for the S&P 500 to hit 6,600. BofA favors "GDP sensitive companies," with the firm recommending overweights on the Financials ( XLF ), Consumer Discretionary ( XLY ), Materials ( XLB ), Real Estate ( XLRE ), and Utilities ( XLU ) sectors. "We like companies with healthy cash return prospects and a tether to the US economy: large cap Value stocks," Bofa's Savita Subramanian wrote. As of Thursday, consensus expects the US economy to grow at an annualized rate of 2.1%, per Bloomberg data. Bannister is more bearish: He sees GDP falling to about 1.5% in the second half of the year "as lower real wages (slowing wages combined with flat inflation) pressure consumption growth, while fixed investment and net exports also weaken." RBC Capital Markets head of US equity strategy Lori Calvasina recently pointed out in her 2025 outlook why economic growth meeting or exceeding positive expectations could be crucial to the stock market rally. Dating back to 1947, GDP has grown between 1.1% and 2% five times. Stocks were higher just 40% in those years, with an average decline of 3.4%. Meanwhile, in years when GDP tracked between 2.1% and 3%, stocks were higher 70% of the time, with an average return of nearly 11%. Josh Schafer is a reporter for Yahoo Finance. Follow him on X @_joshschafer . Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance
VANCOUVER - Global Affairs Canada is warning Canadians in South Korea to avoid demonstrations and exercise caution after the country's president imposed an hours-long period of martial law. Read this article for free: Already have an account? To continue reading, please subscribe: * VANCOUVER - Global Affairs Canada is warning Canadians in South Korea to avoid demonstrations and exercise caution after the country's president imposed an hours-long period of martial law. Read unlimited articles for free today: Already have an account? VANCOUVER – Global Affairs Canada is warning Canadians in South Korea to avoid demonstrations and exercise caution after the country’s president imposed an hours-long period of martial law. The situation in South Korea arose after President Yoon Suk Yeol imposed martial law on Tuesday, vowing to eliminate what he described as “anti-state” forces from the opposition that controls parliament. Yoon’s declaration triggered tense political drama, as troops surrounded the parliament while 190 lawmakers gathered inside to vote to lift the martial law shortly after it was imposed. Global Affairs Canada has not raised the risk level for Canadians in South Korea but did ask those in the country to monitor local media for the latest information, while following authorities’ instructions, such as curfew orders. A Vancouver-based travel agent says the chaos in Seoul is not likely to have a major effect on Canadian visitor numbers to South Korea. Glynnis Chan, owner of Happy Times Travel, says the martial law dissolved quickly and will likely have minimal impact on people’s travel plans, which tend to be made at least two months in advance. “There’s always some sort of impact, but it really depends on what happens with the situation over the long term,” Chan says. “If nothing more happens, people forget after a week or so about what took place.” Chan says she is not expecting any impact on her business, since Japan is a more popular destination among her customers. Several Korean-Canadian travel agencies in Metro Vancouver declined to comment on the political situation in Seoul. After Yoon’s declaration of martial law, hundreds of protesters gathered in front of the national assembly, waving banners and calling for Yoon’s impeachment, while others scuffled with military troops. The South Korean parliamentary members eventually voted to lift the declaration, with national assembly Speaker Woo Won Shik declaring it “invalid.” Police and military personnel were then seen leaving the assembly’s grounds after Woo’s call for their withdrawal. Jae-Yeon Lim, vice-president of the Canada Korea Business Association, says seeing military personnel clash with protesters and lawmakers brought back “harrowing” memories of the 1980 student-led demonstrations in Gwangju that were violently suppressed. Yoon’s move was the first declaration of martial law since the country’s democratization in 1987, and South Korea’s last previous martial law was in October 1979. “It has been a very difficult experience to see that,” Lim says of the latest martial law declaration. “But that said, I’m really happy to see that ... the national assembly managed to get the majority vote to repeal this, and they managed to do that at the risk of their own lives, even though military was there. “This is a country that will stand up for democracy.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Lim also says there would likely be little impact on bilateral relations or trade between the two countries stemming from the sudden onset of political drama, given how quickly martial law was lifted. “It’s not going to stop business from seeking to expand in Canada,” Lim says. “There’s still a very strong interest to do so from many businesses (in South Korea). “We have yet to see what will happen next, but I think that I’m a little bit reassured in seeing what has transpired ... that people are ready to defend their country and democratic rule-of-law.” — With files from The Associated Press This report by The Canadian Press was first published Dec. 3, 2024. Advertisement Advertisement
Notre Dame's Danny Nelson scores twice, defending champ US beats Latvia 5-1 in world junior hockey
HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron's new website features a company store, where various items featuring the brand's tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” Follow Juan A. Lozano on X at https://x.com/juanlozano70
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