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2025-01-17
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How Warren Buffett Decides When To Sell a Stock: 'If the Competitive Advantage Disappears...We Sell'

Can you help solve this cold case in Sarnia?Sophie Hediger, a member of Switzerland's snowboard cross team at the 2022 Beijing Winter Olympics, has died following an avalanche at a mountain resort, the country's skiing federation said on Tuesday. The incident occurred on Monday at the Arosa resort in Switzerland. Hediger, 26, competed at the Beijing Games in the women’s snowboard cross and the mixed team version of the same event. Hediger achieved her first two World Cup podium finishes in the 2023-24 season. Her best result was a second place in St. Moritz in January. “We are shocked and our thoughts are with Sophie’s family, to whom we offer our deepest condolences,” said Swiss-Ski CEO Walter Reusser in a statement. “(She lost her life) tragically, brutally and far too soon.” AP sports: https://apnews.com/sports

Rosen Law Firm Encourages Quanterix Corporation Investors to Inquire About Securities Class Action Investigation - QTRX

Scott Turner, President-elect Donald Trump choice to lead the Department of Housing and Urban Development , is a former NFL player who ran the White House Opportunity and Revitalization Council during Trump’s first term. Turner, 52, is the first Black person selected to be a member of the Republican's Cabinet. Here are some things to know about Turner: From professional football to politics Turner grew up in a Dallas suburb, Richardson, and graduated from the University of Illinois Urbana-Champaign. He was a defensive back and spent nine seasons in the NFL beginning in 1995, playing for the Washington Redskins, San Diego Chargers and Denver Broncos. During offseasons, he worked as an intern then-Rep. Duncan Hunter, R-Calif. After Turner retired in 2004, he worked full time for the congressman. In 2006, Turner ran unsuccessfully as a Republican in California’s 50th Congressional District. Turner joined the Texas House in 2013 as part of a large crop of tea party-supported lawmakers. He tried unsuccessfully to become speaker before he finished his second term in 2016. He did not seek a third term. Motivational speaker and pastor Turner also worked for a software company in a position called “chief inspiration officer” and said he acted as a professional mentor, pastor, and councilor for the employees and executive team. He has also been a motivational speaker. He and his wife, Robin Turner, founded a nonprofit promoting initiatives to improve childhood literacy. His church, Prestonwood Baptist Church, lists him as an associate pastor. He is also chair of the center for education opportunity at America First Policy Institute, a think tank set up by former Trump administration staffers to lay the groundwork if he won a second term. Headed council in Trump's first term Trump introduced Turner in April 2019 as the head of the new White House Opportunity and Revitalization Council. Trump credited Turner with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” The mission of the council was to coordinate with various federal agencies to attract investment to so-called “Opportunity Zones," which were economically depressed areas eligible to be used for the federal tax incentives. The role of HUD HUD is responsible for addressing the nation’s housing needs. It also is charged with fair housing laws and oversees housing for the poorest Americans, sheltering more than 4.3 million low-income families through public housing, rental subsidy and voucher programs. The agency, with a budget of tens of billions of dollars, runs a multitude of programs that do everything from reducing homelessness to promoting homeownership. It also funds the construction of affordable housing and provides vouchers that allow low income families pay for housing in the private market. During the campaign, Trump focused mostly on the prices of housing, not public housing. He railed against the high cost of housing and said he could make it more affordable by cracking down on illegal immigration and reducing inflation. He also said he would work to reduce regulations on home construction and make some federal land available for residential construction. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Be the first to know Get local news delivered to your inbox!For the second time this season, DeVonta Smith will miss a game for the Philadelphia Eagles due to an injury. Back in Week 4, Smith missed the team's blowout loss to the Tampa Bay Buccaneers with a concussion. Heading into their Week 12 contest against the Los Angeles Rams, Smith will miss the NFC showdown with a hamstring injury. USA Today Sports Smith has been banged up for most of the season with lower body injuries. Sunday will be a chance for him to "get right" ahead of the team's key games down the stretch. But with the former Heisman Trophy no longer available, the Eagles will need additional players to step up for them. Yes, stars like A.J. Brown, Saquon Barkley, and Dallas Goedert are all still on the roster, but even one member of the Eagles missing time is usually a bad sign for the organization. To Philadelphia, Sunday will be a golden opportunity for additional players across the receiver position to step up. Related: Eagles Defense Preparing For Main Part Of Sean McVay's Offense Whether it's former first-round pick Jahan Dotson, the return of special teams ace Britain Covey, or rookies such as Johnny Wilson and Ainias Smith, the Eagles have plenty of weapons to remain competitive against the high-flying Rams. In that regard, anything less than their usual average of points scored will not do with quarterback Jalen Hurts leading the way. Smith's loss is a big issue for the Eagles moving forward, but for Sunday, it's a chance that the team can show they are more than just their star players. Related: Eagles' Star Currently in Top 10 In Statistic

The Apprentice star also argued that a lack of clarity from the Government on the ownership test is causing “significant uncertainty” for potential investors. This came as the House of Lords continued its scrutiny of the Football Governance Bill, which seeks to establish an independent regulator for the top five tiers of the men’s game. In the upper chamber, Baroness Brady said: “We are creating legislation which will profoundly affect 160 quite unique institutions, from Premier League clubs through to the National League community clubs, but it is important for everyone to understand that the consultation with these affected businesses by the current Government has been remarkably limited, almost unbelievably so. “Just seven Premier League clubs, I was one of them, was granted a brief half-hour meeting with the Secretary of State over the summer. “And following this cursory engagement, significant decisions were made that could fundamentally affect the future of English football, most notably with the inclusion of parachute payments within the backstop mechanism. “This is particularly concerning given that fundamental issues still remained unresolved, we still lack any clarity on Uefa’s position on state interference, for example, this clearly creates profound uncertainty for clubs competing in or aspiring to European competition, as well as our national teams.” “We don’t know what the ownership test will look like, this causes significant uncertainty for potential investors as to whether they are able to own a club,” she added. Lady Brady continued: “I have spoken to many of my colleagues across all of the football pyramid, we are all alarmed about and puzzled by the lack of discussion on the Bill with ministers. “Would the minister agree that we all want to get the detail of this Bill right? And can she see any downsides to providing meaningful opportunities to hear from all clubs across the football pyramid affected by the legislation?” Prior to this, Tory shadow sports minister Lord Parkinson of Whitley Bay had tabled an amendment which he said would allow clubs to “make their views known on this legislation” by including specific competitions on the face of the Bill. Labour frontbencher Baroness Twycross told the upper chamber: “I don’t think the leagues are confused either on which leagues this legislation will apply to.” She added: “This power is both reasonable and the result of evidence-based consultation with all key stakeholders in the industry. “This power ensures that the competitions in scope can be amended in a timely manner and ensures the scope of the regime remains relevant.” The peer later said: “Over the past three years there have been countless opportunities for all affected and interested parties to make representations.” Lady Brady also raised concerns about the financial distribution backstop, which she said is “clearly designed as a mechanism to gain direct access to, and apportionate Premier League revenue, and no-one else’s”. “I might add the backstop will allow the IFR (Independent Football Regulator) to do this even if it was against the Premier League clubs’ will, or even without the clubs’ agreement, even if it was to have a detrimental effect on the clubs and the overall competition it removes revenue from,” she added. The backstop would allow the new IFR to intervene in the distribution of Premier League broadcast revenue down the leagues as a last resort. It could be triggered by the Premier League, English Football League (EFL) or National League to mediate the fair financial distribution of this revenue if they are not able to come to an agreement. Conservative peers later raised concerns over the cost implications to clubs of establishing the regulator, although they faced claims of “filibustering” – wasting time by making overlong speeches in a bid to delay progress. Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.Football is broken. Clubs are struggling. Now those seats have been lost, do they no longer care about likes of Reading or Southend? @FairGameUK — Niall Couper (@NiallCouper) December 4, 2024 Labour peer Lord Watson of Invergowrie questioned why Lord Parkinson was showing “confected outrage” at the Bill when the former culture minister would have been defending a similar proposal had the Tories remained in power. Lord Parkinson, in his reply, said: “We want to see this regulator established, we want to see it doing its work and doing so effectively, but we also see before us a Bill that is different because of the election that was called and the result that happened, and we’re interrogating particularly closely the changes that the Government have made to the Bill – of which there are many. “And we have more concerns on these benches than we did before the election from my colleagues behind me about the way we do it.” The Tory peer pointed to Labour frontbenchers fulfilling their duties to “properly scrutinise” then-government legislation when they were on the opposition benches. Lady Twycross, in an intervention, said: “While I agree that (Lord Parkinson) is correct that I would scrutinise legislation when I was sitting on those (opposition) benches, I have never sought to filibuster a Bill to which my party had committed, which my party had laid before Parliament, and intended to filibuster it to the point of getting us stuck in treacle.” Lord Parkinson replied: “That is not what we’re doing.” Niall Couper, chief executive of the campaign group Fair Game, wrote on social media site X: “Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.”Arnold, Robinson run for more than 100 yards as Oklahoma stuns No. 7 Alabama 24-3

Biden will decide on US Steel acquisition after influential panel fails to reach consensus WASHINGTON (AP) — A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel. The Committee on Foreign Investment in the United States on Monday sent its long-awaited report to President Joe Biden, a longtime opponent of the deal. Some federal agencies represented on the panel were skeptical that allowing a Japanese company to buy an American-owned steelmaker would create national security risks. That's according to a U.S. official familiar with the matter. Both Biden and President-elect Donald Trump opposed the merger and vowed to block it. Nippon Steel says it is confident the deal will go ahead. Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Survey: Small businesses are feeling more optimistic about the economy after the election A survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty. The survey also showed that more owners are also hoping 2025 will be a good time to grow. Heavy travel day off to a rough start after American Airlines briefly grounds all flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about one hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. Meanwhile, the flight-tracking site FlightAware reported that 1,447 flights entering or leaving the U.S., or serving domestic destinations, were delayed. Twenty-eight flights were canceled. Millions of travelers are expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. Stock market today: Wall Street rallies ahead of Christmas Stocks are broadly higher on Wall Street, led by gains in Big Tech stocks. The S&P 500 was up 0.8% in midday trading Tuesday. Chip company Broadcom was again helping to pull the index higher. The Dow Jones Industrial Average was up 0.6%, and the Nasdaq composite was up 1%. American Airlines slipped 0.1% after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields rose. U.S. markets will close at 1 p.m. Eastern and stay closed Wednesday for Christmas. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market.None

ST. THOMAS, Virgin Islands (AP) — Javohn Garcia scored 16 points as McNeese beat Illinois State 76-68 on Friday. Garcia also contributed seven rebounds for the Cowboys (3-2). Brandon Murray shot 4 of 10 from the field and 5 for 7 from the line to add 13 points. Sincere Parker shot 4 for 8 (2 for 5 from 3-point range) and 3 of 4 from the free-throw line to finish with 13 points. Ty Pence led the way for the Redbirds (3-2) with 14 points and six rebounds. Malachi Poindexter added 13 points for Illinois State. Logan Wolf had 11 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Vice President Dhankhar slams use of deception, disturbance as weapon and tactic to avoid debate

Expert Archaeologists from Spain have achieved a stunning breakthrough , raising a 2,600-year-old Phoenician shipwreck from waters near Murcia after nearly two decades of preparation. Discovered in 1994 off the southeastern coast, the vessel, dubbed Mazarron II, dates back to the 7th century B.C.E. and is considered one of the most intact Phoenician-era shipwrecks ever found. Carlos de Juan, the excavation project’s director, called the find “a very important contribution” to the study of ancient naval construction. Vasco da Gama's legendary shipwreck possibly identified near Kenya's coat Fears bomb-laden 'Doomsday WW2 shipwreck' could unleash poison gas in Thames “Little is known about Phoenician naval construction, even now,” de Juan said, adding that the ship’s design blends recognizable Mediterranean elements with “distinctive and mysterious” features. The Mazarron II is the second ship uncovered near the coastal town of Mazarron. Its predecessor, Mazarron I, was recovered in 1995 and is now displayed at Spain’s National Museum of Underwater Archaeology after years of conservation work. The recent operation involved a 14-person team working over seven weeks to recover the fragile wreck . Divers carefully retrieved wooden fragments piece by piece, transporting them to a laboratory at the Museum of Underwater Archaeology for further study. DON'T MISS: Haunting final photo of Titan sub on ocean floor released [RELEASED] Former OceanGate worker says Titan sub tragedy ‘could have been prevented’ [INSIGHT] Fears for dozens of missing tourists including two Americans as diving ship sink [LATEST] De Juan emphasized the significance of the find, explaining that Phoenicians, an ancient civilization based in modern-day Lebanon , Syria , and Israel , were prolific traders whose cultural legacy includes the development of the alphabet. However, much of their history, particularly their naval technology, remains a mystery. The shipwreck’s preservation and analysis are expected to take years, but researchers are optimistic it will reveal invaluable insights into Phoenician craftsmanship and culture.GHIX stock touches 52-week low at $10.42 amid market fluctuations

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