WINNIPEG — Manitoba Premier Wab Kinew offered condolences Monday to the families affected by two fatal police shootings in the province and spoke to the challenge faced by officers on the front lines. "I want to take the opportunity to thank police officers across this province who go to work and keep us safe each and every day," Kinew said while at the convention for the Association of Manitoba Municipalities. The night before, a street standoff involving police left one man dead and an officer recovering from a stab wound to the throat. Kinew told reporters no one wants to see a person die after an altercation with police but officers are often tasked with responding to high-risk situations. "Police officers have a difficult job to do, that's at the best of times, so I support law enforcement,” he said. “When we're thinking about the holidays and people going to the malls and people going to the shopping areas around the province, people have got to be safe." Police were called early Sunday evening to the Unicity shopping area in the city's far west about an officer who had been stabbed in the throat and a suspect who had been shot. Acting police Chief Art Stannard later told reporters that officers had been in the area as part of a retail theft initiative, which sees police work in hot spots in the city that have seen a rise in retail theft and violent crime. Police said the man who was shot was given CPR at the scene before he was taken to hospital, where he was pronounced dead. They said the injured officer was also transported to hospital and treated for his injury. Police declined to provide more details about what happened, including the age or identity of the man killed, noting the case is being reviewed by the police watchdog agency — the Independent Investigation Unit of Manitoba. The agency confirmed it's investigating the death of the man but did not provide any other details. Videos circulating on social media appear to show a man being shot outside a bus shelter. In a 24-second clip, two police officers tell a person "to put it down" and "to drop it." The man appears to advance toward the officers and at least one officer begins shooting. It's not clear in the video whether the man who was shot was holding a weapon. Stannard told reporters Sunday he's aware of the video and asked the public to avoid rushing to judgment. Coun. Markus Chambers, chair of the Winnipeg Police Board, said Sunday's incident is tragic for all involved and noted it could renew calls for the board to implement body cameras. "Body-worn cameras likely wouldn't have resulted in this not happening, but it is a mechanism of looking at the accountability around what happened,” Chambers said. The councillor said the board would be monitoring the rollout of body cameras in RCMP detachments across the province to see if they’re effective. It was the second fatal police shooting in three days. A 17-year-old boy from Norway House Cree Nation was shot and killed by an RCMP officer on Friday. Mounties said they received a report that a man was agitated and armed with an edged weapon in a home on the First Nation, north of Winnipeg. RCMP said the teen was outside with the weapon when officers arrived and, despite numerous orders to drop it, he moved toward them and was shot. This report by The Canadian Press was first published Nov. 25, 2024. Brittany Hobson, The Canadian PressHealth and legal experts among 73 academics to sign letter opposing ‘inadequate’ assisted dying bill
MADISON — Three associates of President-elect Donald Trump made their first court appearances in Madison on Thursday on forgery charges stemming from the state’s fake elector scheme in 2020. Jim Troupis, Michael Roman and Kenneth Chesebro stand accused of orchestrating a plot to submit false paperwork saying Trump won the 2020 presidential election in Wisconsin. The Wisconsin Department of Justice has filed 11 felony fraud charges against each man. Democratic Attorney General Josh Kaul first announced a single forgery charge against each of the three Trump campaign advisors in June. Then on Tuesday, just two days before the men were scheduled to appear in court, the Department of Justice charged the men with 10 additional felonies — one for each of the fake electors who signed the certificate of votes. According to court filings, some of the Republican electors have told investigators that they believed the certificate of votes was a contingency plan in case a court ruled that Trump had won the race in Wisconsin. Messages obtained by investigators show how, despite President Joe Biden being declared the winner in Wisconsin, Troupis, Roman and Chesebro attempted to bring the false slate of electors to Congress to be counted on Jan. 6, 2021. Troupis, who was Trump’s attorney in Wisconsin in 2020, was the only defendant to appear in person on Thursday. The others dialed in by phone. Troupis told reporters he believes the fake electors were necessary for the Trump campaign to have legal standing in election challenges. “This is a political case. This has nothing to do with the law,” Troupis said after the hearing. “The attorney general has today doubled down on a vicious strategy to destroy our very faith in the system of justice by using the courts for his own personal political gain.” Troupis and Roman are asking a judge to dismiss the charges against them. Check out: Former Trump attorney charged over fake elector scheme calls cease political retribution Asked about Troupis’ assertion that the actions he took were par for the course in a close election, Kaul deferred to the judicial process. “The Wisconsin Department of Justice makes decisions in cases based on the facts and the law. In this case, like all other cases, we will litigate the issues in dispute in a court of law,” Kaul said in an emailed statement. Ahead of Thursday’s hearing, Troupis took to conservative radio, asking supporters to show up at the courthouse. Among the small crowd that turned out was former Republican Gov. Scott McCallum. He defended the actions of the three Trump associates. “The law was followed. They followed every direction that was given to them, and now they’re being punished for it,” McCallum said. After Trump’s victory in Wisconsin in this year’s presidential election, GOP electors are planning to meet in mid-December to cast their electoral votes. However, Wisconsin laws are not aligned with new federal requirements for when the vote should take place. Republicans asked a judge earlier this week to clarify whether their meeting should be held on Dec. 16, as state law requires, or Dec. 17, as federal law requires. It’s about time to watch on your time. Stream local news and weather 24/7 by searching for “TMJ4” on your device. Available for download on Roku, Apple TV, Amazon Fire TV, and more. Report a typo or errorNonePENN STATE 85, FORDHAM 66
NoneGen Threat Report shows emerging trends in cyberattacks Attackers are increasingly involving AI in their attack vectors Consumers and businesses alike are being hit harder and more often Cybercriminals are increasingly leveraging AI technologies to enhance their attacks, experts have warned. A report from Gen has underlined a growing need for vigilance as scammers integrate voices, images, and videos using AI. It warned attackers are leveraging the technology to create deepfake videos, often featuring celebrities, to endorse fake cryptocurrency schemes. Scammers have also been spotted exploiting global events and hijacking platforms such as YouTube to run scams, such as the SpaceX Starship integrated flight test (IFT-4) scam, which stole over $1.4 million via fake crypto campaigns. Cybercriminals expand attacks with AI Scammers are not just adopting new technologies but also revamping older tactics, the report warns. For instance, the antivirus scam, which was popular in the 2000s, has made a comeback, as cybercriminals now deploy aggressive pop-up alerts mimicking legitimate antivirus programs, falsely claiming the victim's computer is infected. These alerts abuse the Windows notification system to appear as... Efosa UdinmwenTrump offers support for dockworkers union by saying ports shouldn’t install more automated systems
Biden opens final White House holiday season with turkey pardons and first lady gets Christmas tree WASHINGTON (AP) — President Joe Biden has kicked off his final holiday season at the White House, issuing the traditional reprieve to two turkeys who will bypass the Thanksgiving table to live out their days in Minnesota. The president welcomed 2,500 guests under sunny skies as he cracked jokes about the fates of “Peach” and “Blossom.” He also sounded wistful tones about the last weeks of his presidency. Separately, first lady Jill Biden received the delivery of the official White House Christmas tree. And the Bidens are traveling to New York later Monday for an early holiday celebration with members of the Coast Guard. Couple charged in ring suspected of stealing $1 million in Lululemon clothes MINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from upscale athletic wear retailer Lululemon.Jadion Anthony Richards and Akwele Nickeisha Lawes-Richards, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her. They're also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut. They're due back in court next month. Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season LAS VEGAS (AP) — Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General Motors. The approval ends years of wrangling that launched a federal investigation into why Colorado-based Liberty Media, would not approve the team initially started by Michael Andretti, who has since stepped aside. The 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. US goalkeeper Alyssa Naeher is retiring from international soccer U.S. women’s national team goalkeeper Alyssa Naeher is retiring from international soccer. Naeher is on the team’s roster for a pair of upcoming matches in Europe but those will be her last after a full 11 years playing for the United States. Naeher was on the U.S. team that won the Women’s World Cup in 2019 and the gold medal at this year's Olympics in France. She’s the only U.S. goalkeeper to earn a shutout in both a World Cup and an Olympic final. Bah, humbug! Vandal smashes Ebenezer Scrooge's tombstone used in 'A Christmas Carol' movie LONDON (AP) — If life imitates art, a vandal in the English countryside may be haunted by The Ghost of Christmas Yet to Come. Police in the town of Shrewsbury are investigating how a tombstone at the fictional grave of Ebenezer Scrooge was destroyed. The movie prop used in the 1984 adaption of Charles Dickens' “A Christmas Carol” had become a tourist attraction. The film starred George C. Scott as the cold-hearted curmudgeon who is visited by three ghosts on Christmas Eve who show him what will become of his life if he doesn’t become a better person. West Mercia Police say the stone was vandalized in the past week. Megachurch founder T.D. Jakes suffers health incident during sermon at Dallas church DALLAS (AP) — The founder of Dallas-based megachurch The Potter's House, Bishop T.D. Jakes, was hospitalized after suffering what the church called a “slight health incident.” Jakes was speaking to churchgoers after he sat down and began trembling as several people gathered around him Sunday at the church. Jakes' daughter Sarah Jakes Roberts and her husband Touré Roberts said in a statement on social media late Sunday that Jakes was improving. The 67-year-old Jakes founded the non-denominational The Potter's House in 1996 and his website says it now has more than 30,000 members with campuses in Fort Worth and Frisco, Texas; and in Denver. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Pilot dies in plane crash in remote woods of New York, puppy found alive WINDHAM, N.Y. (AP) — Authorities say a pilot and at least one dog he was transporting died when a small plane crashed in the snowy woods of the Catskill Mountains, though a puppy on the flight was found alive with two broken legs. The Greene County sheriff’s office says Seuk Kim of Springfield, Virginia, was flying from Maryland to Albany, New York, when the plane crashed at about 6:10 p.m. Sunday in a remote area. Officials believe the pilot died from the impact. The surviving dog was hospitalized, while a third dog was not located. The flight was connected with a not-for-profit group that transports rescue animals. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it’s possible that Buffett’s children could die before giving it all away. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. Pop star Ed Sheeran apologizes to Man United boss Ruben Amorim for crashing interview MANCHESTER, England (AP) — British pop star Ed Sheeran has apologized to Ruben Amorim after inadvertently interrupting the new Manchester United head coach during a live television interview. Amorim was talking on Sky Sports after United’s 1-1 draw with Ipswich on Sunday when Sheeran walked up to embrace analyst Jamie Redknapp. The interview was paused before Redknapp told the pop star to “come and say hello in a minute.” Sheeran is a lifelong Ipswich fan and holds a minority stake in the club. He was pictured celebrating after Omari Hutchinson’s equalizing goal in the game at Portman Road.Santa Clara County education leader accused of malfeasance
What's the secret to finding mega-winner stocks like Amazon and Nvidia before they soar? It's not a secret. You just need to spot a company that's uniquely positioned to capitalize on a real opportunity before most other investors do the same. Problem? It's much easier said than done. For every Amazon and Nvidia out there, there are also a bunch of high-profile implosions like AOL (and then Yahoo!), BlackBerry , and Groupon . Not every well-touted ticker lives up to the hype. The company in question must truly offer a game-changing product or service, but it's not always clear if and when they do. When they do, however, then wow! With that as the backdrop, risk-tolerant investors on the hunt for a prospective mega-winner might want to put QuantumScape ( QS 2.38% ) on their radar if not in their portfolio. This company may be on the verge of getting electric vehicles over one of their tallest hurdles. Electric vehicles are struggling with major marketability problems Never heard of QuantumScape? Don't sweat it. The company's $2.5 billion market cap doesn't turn many heads. It's also a pre-revenue company, deterring even more investors. Nevertheless, there's enough potential here to merit a look. In simplest terms, QuantumScape designs and manufactures superior lithium batteries. It's not exactly a new science. Lithium-based batteries have been found in most common consumer electronics for years now. Tesla 's very first car -- the Roadster -- also used lithium-ion batteries when it first began production back in 2008. With automobile manufacturers recognizing this material's energy-storage capacity was necessary to make EVs viable, nearly every electric vehicle made since then has followed suit. And for most EV owners most of the time, these batteries are adequate. Anybody keeping their finger on the pulse of the electric vehicle movement, however, likely knows sales growth is slowing. Although the market itself is still expanding, J.D. Power's Autovista24 reports sales growth of battery-powered cars and plug-in hybrids slowed to a pace of 22% during the first half of this year, down from the year-earlier growth rate of 35%. The still-young industry was hoping for acceleration at this stage of the game. Causes for this headwind include high upfront costs, a lack of fast-charging infrastructure, and poor battery life. Perhaps more than anything, though, would-be EV owners worry about a limited driving range on a single charge without a convenient recharging option at their destination. QuantumScape's technology addresses all of these concerns. The world's ready for QuantumScape's superior tech It's called a solid-state battery. The term doesn't mean much to the average consumer, or even a prospective electric vehicle owner. But it should. QuantumScape says its solid-state lithium batteries not only store and then deliver more power, but can do so for longer than the typical lithium-ion battery used in electric vehicles does today. The numbers: Electric vehicles that can be driven 350 miles on a single charge of a common lithium-based battery pack can be driven between 400 and 500 miles using one of QuantumScape's solid-state batteries. They're also capable of faster charging without damage (up to 80% capacity in 15 minutes or less). Perhaps most important, testing of QuantumScape's batteries suggests they'll still be able to hold a 95% charge even after 1,000 charges. That's roughly 300,000 miles' worth of usage. As was noted, the company hasn't commercialized anything yet. It's close, though. Just last month it began deliveries of its latest prototype to EV manufacturers. Volkswagen has already committed to a partnership with QuantumScape, in fact, even before the commercial version of its battery design is finalized. It's also encouraging to QuantumScape shareholders that last month Tesla CEO Elon Musk announced the EV maker would be using solid-state lithium batteries in some of its vehicles beginning next year, although he didn't indicate where the underlying technology would come from. Dodge parent Stellantis intends to begin tinkering with the tech in 2026. Connect the dots. This is the future. Indeed, as solid-state batteries benefit from the EV market's growth, they may also help reaccelerate its expansion. In this vein, Polaris Market Research suggests the global EV battery market is set to grow at an annualized pace of nearly 19% through 2030. Solid-state batteries should drive the bulk of this growth. Straits Research, in fact, predicts the worldwide solid-state lithium battery market is poised to grow by an average rate of more than 36% during this time frame. Is QuantumScape a millionaire-maker? But the question remains -- could a $10,000 investment in QuantumScape now grow to a million-dollar holding within a lifetime? Given the potential of its technology and the next likely chapter of the electric vehicle evolution, it's certainly possible. This company's market cap of $2.5 billion is nearly nothing compared to a solid-state lithium battery market that could eventually be worth more than $24 billion per year. Just keep the risk in perspective. There's a lot of it, beginning with the simple fact that the company isn't actually selling anything yet. It's only sitting on the prospect of selling its superior batteries. A close-second risk is the likelihood of lingering losses for long after QuantumScape officially begins commercialization of its tech. At the same time, while President-elect Donald Trump isn't likely to up-end the EV movement's growth, he can certainly rattle it. If you can stomach the risk and the rest of your portfolio is on a stronger footing, QuantumScape a compelling prospect.Target Stock Keeps Missing the Mark. Is It Time to Grab It From the Bargain Bin?Trump offers support for dockworkers union by saying ports shouldn’t install more automated systems
AP Trending SummaryBrief at 6:29 p.m. ESTWorld News | Gunmen in Southeast Mexico Open Fire in Bar Killing 6, Injuring 5 as Violence Spirals
Super Micro Computer (NASDAQ: SMCI) shareholders have been through a whirlwind lately. While the stock is up 1,480% in the last two years, it has also fallen over 70% from its record high in the last eight months. As one of Nvidia 's largest partners, the server maker should benefit as demand for artificial intelligence (AI) infrastructure increases, but Supermicro has also been accused of accounting manipulation. Among the 12 analysts who follow the company, the median 12-month price target of $30.50 per share implies an 8% downside from its current share price of $33. That means six analysts think the stock will fall more than 8% in the next year. Additionally, 19 analysts followed Supermicro three months ago, meaning seven have recently discontinued coverage. Wall Street is clearly shying away from the company. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Here are the important details. The bull case: Supermicro is a leading supplier of AI servers Super Micro Computer builds servers, including full server racks equipped with storage and networking that provide customers with a turnkey solution for data center infrastructure. Its internal manufacturing capabilities and "building block" approach to product development let it bring new technologies to market more quickly than its competitors, often by two to six months. Indeed, earlier this year, Rosenblatt analyst Hans Mosesmann wrote, "Super Micro has developed a model that is very, very quick to market. They usually have the widest portfolio of products when a new product comes out." Those advantages have helped Supermicro secure a leadership position in AI servers, a market forecast to grow at 30% annually through 2033, according to Statista. Importantly, Supermicro is also the top supplier of direct liquid cooling (DLC) systems, which could help the company strengthen its position in AI servers. DLC systems reduce data center power consumption by 40% and occupy 80% less space than traditional air-cooled systems. AI servers generate more heat than general-purpose servers, so demand for DLC systems is expected to rise quickly. Indeed, while less than 1% of data centers have historically used liquid cooling, Supermicro estimates 15% (and maybe as many as 30%) of new data center installations will use liquid cooling in the next two years, and the company says it is positioned to "capture the majority share of that growth." The bear case: Supermicro is beset by problems As mentioned, while Supermicro shares are up 1,480% in the last two years, the stock has also nosedived more than 70% from its record high in the last eight months. Below is a month-by-month timeline detailing the events that led to that rapid decline in value. August 2024: Short-seller Hindenburg Research published a report accusing Supermicro of accounting violations, including improper revenue recognition, undisclosed related party transactions, and sanctions evasion. Subsequently, Supermicro delayed filing its Form 10-K for fiscal 2024, but CEO Charles Liang said the Hindenburg report contained "false or inaccurate statements." September 2024: The Wall Street Journal reported that Supermicro was being probed by the Justice Department after a former employee filed a lawsuit accusing the company of accounting violations, some of which were mentioned in the Hindenburg report. Supermicro also got a letter of noncompliance from the Nasdaq Exchange, saying it had 60 days to file its 10-K or submit a plan to restore compliance. October 2024: Supermicro's auditor, Ernst & Young, resigned. "We are resigning due to information that has recently come to our attention which has led us to no longer be able to rely on management's and the Audit Committee's representations," the company wrote in its resignation letter. Ernst & Young also said it was "unwilling to be associated with the financial statements prepared by management." November 2024: Supermicro delayed its Form 10-Q for the first quarter of fiscal 2025. But the company hired BDO as its new auditor and submitted a compliance plan to Nasdaq before the deadline, saying it would become current with its filings in a timely manner. Now, the Nasdaq must either approve or reject that plan. The situation is even more complicated than what I've just described because Supermicro was accused of similar accounting violations in the past. At that time, the company filed its Form 10-K for fiscal 2017 almost two years late and was fined $17.5 million by the Securities and Exchange Commission (SEC). Supermicro was also delisted from the Nasdaq Exchange for about 18 months, though shares advanced 73% during that period anyway. Investors should avoid Supermicro stock right now Supermicro shares could soar if the wrongdoings outlined by Hindenburg are found to be inaccurate and then nothing comes of the Justice Department probe. But investors should be at least a little skeptical, given that the SEC has fined the company for similar violations in the past, and Hindenburg says Supermicro has rehired three senior employees involved in the previous scandal. In that context, I think prospective investors should avoid this stock right now. There are simply too many unknowns to make an educated decision, which probably explains why seven out of 19 Wall Street analysts discontinued coverage during the last three months. It may also explain why the remaining 12 analysts have set the stock with a median price target that implies an 8% downside. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $368,053 !* Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,533 !* Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,170 !* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon. See 3 “Double Down” stocks » *Stock Advisor returns as of November 18, 2024 Trevor Jennewine has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy . Should You Buy Super Micro Computer Stock After Its 1,480% Gain in 5 Years? Wall Street Has a Clear Answer for Investors. was originally published by The Motley FoolHow major US stock indexes fared Friday, 12/13/2024
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