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Trump taps forceful ally of hard-line immigration policies to head Customs and Border ProtectionArticle content WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump’s movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer, a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favours the ability to bring more skilled immigrants into the U.S. Laura Loomer, the conspiracy theorist and Trump surrogate, as well as other far right accounts are pushing the idea that Sriram Krishnan, an Indian-born, US citizen who was selected to advise Trump on AI policy is not fit for the job seemingly because he was born in India. pic.twitter.com/rInKGOQ9er Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Nobody can afford to live off of $70,000 a year in today’s America. Stop crying about declining birth rates when you want us to live like a bunch of welfare queens. Can’t have a family and keep having more kids while making $70,000 a year and also working 80 hours a week.... pic.twitter.com/l11g1KEMql Loomer’s comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks, whom Trump has tapped to be the “White House A.I. & Crypto Czar.” Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government, weighed in, defending the tech industry’s need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump’s world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world’s richest man who has grown remarkably close to the president-elect, was a central figure in the debate, not only for his stature in Trump’s movement but his stance on the tech industry’s hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry’s need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent,” he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump’s own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration, including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order, which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump’s businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club, and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country” and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he told the “All-In” podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump’s budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.
AP Business SummaryBrief at 5:35 p.m. ESTIt’s a busy time of year in New Hampshire, with holiday-themed events being held in many communities. Here’s a sampling of a few of them happening this week. For more, visit our community calendar . The city of Lebanon is celebrating the holiday season with a tree-lighting ceremony. The first event starts at 9 a.m. Saturday. Head to Colburn Park for horse-drawn carriage rides, live music, crafts, food and even in-person visits with characters from Disney’s “Frozen.” At the end of the night, watch the park light up with a big lights display. Stop by Brookside Congregational Church in Manchester for its “Holiday Light Night.” There will be live entertainment, nativity animals you can interact with, winter carnival games, a lighted story walk and a whole lot more. For complete details, visit brooksidecc.org. If you are still looking for gifts, head to the holiday gift fair at the Enfield Shaker Museum. The free event runs until 4 p.m. Saturday and Sunday. You can check out handcrafted gifts by more than 20 Upper Valley artisans. There are also multiple food options, including a Shaker-inspired pop-up cafe. A magical starry weekend is back in Hopkinton and Contoocook. Among the highlights is "A Magical Evening in the Park." Santa and Mrs. Claus will be there for pictures. There will also be a tree lighting, cookie walk and other festivities. On Sunday, head to Nashua to take free professional photos with Santa. The event supports Operation Delta Dog. A small donation to the nonprofit organization is appreciated. Photos will be taken from 9 a.m. to 11 a.m. Saturday at Keller Williams Gateway Realty. You can register online. These were just some of the many events happening in New Hampshire this weekend. See the community calendar for more.
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NEW ORLEANS — Andrew Wiggins scored 30 points and the Golden State Warriors secured a knockout round spot in the NBA Cup with a 112-108 victory over the reeling New Orleans Pelicans on Friday night. Stephen Curry scored 19 for the Warriors, who improved to 3-0 in West Group C. Buddy Hield capped his 12-point performance with two free throws with 18.5 seconds left to help hold New Orleans at bay and ensure Golden State would advance out of group play as a wild card at least, if not the group winner. Trey Murphy III led New Orleans with 24 points but missed a 3-pointer for the lead with 5 seconds remaining — a shot made possible by Brandon Boston Jr's steal of a Golden State inbound pass. Golden State's Draymond Green was fouled as he grabbed the rebound of Murphy's miss and hit both free throws for the final margin. Jeremiah Robinson-Earl scored 19 points, Brandon Ingram added 18 and Boston 16 for the Pelicans, who fell to 1-2 in group play and lost for the 10th time in 11 games. Jordan Hawkins returned from a seven-game absence caused by back soreness and had six points. New Orleans Pelicans guard Brandon Boston Jr. (11) leaps to block Golden State Warriors guard Stephen Curry (30) in the first half of an NBA basketball game in New Orleans, Friday, Nov. 22, 2024. Credit: AP/Gerald Herbert Takeaways Warriors: Depth and balance made a difference for Golden State. Green and Brandin Podziemski each scored 11 points. Pelicans: With rookie center and first-round draft choice Yves Missi sitting out because of a sore left shoulder, the injury-riddled Pelicans opened the game with their 12th different starting lineup of the season (Elfrid Payton, Daniel Theis, Javonte Green, Ingram and Murphy). Key moment Wiggins made a spin move and tossed in a 13-foot floater while being fouled by Robinson-Earl with 5:13 left. He completed the three-point play to make it 102-94 and the Pelicans got no closer that 110-108 after that. Key stat Golden State outrebounded New Orleans 52-42. Golden State Warriors forward Andrew Wiggins (22) goes to the basket in the first half of an NBA basketball game against the New Orleans Pelicans in New Orleans, Friday, Nov. 22, 2024. Credit: AP/Gerald Herbert Up next Warriors: Visit San Antonio on Saturday night. Pelicans: Visit Indiana on Monday night.
NASA's 2 stuck astronauts face more time in space with return delayed until at least late March
California Golden Bears vs. Sacramento State Hornets live stream info, start time, TV channel: How to watch NCAA Basketball on TV, stream onlineOppenheimer & Co. Inc. bought a new stake in Alight, Inc. ( NYSE:ALIT – Free Report ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $74,000. Several other institutional investors have also recently added to or reduced their stakes in ALIT. Wedge Capital Management L L P NC increased its stake in Alight by 15.1% during the second quarter. Wedge Capital Management L L P NC now owns 584,574 shares of the company’s stock worth $4,314,000 after acquiring an additional 76,485 shares during the last quarter. Victory Capital Management Inc. increased its stake in Alight by 28.3% during the second quarter. Victory Capital Management Inc. now owns 6,160,609 shares of the company’s stock worth $45,465,000 after acquiring an additional 1,358,020 shares during the last quarter. River Road Asset Management LLC increased its stake in Alight by 2.9% during the third quarter. River Road Asset Management LLC now owns 9,988,254 shares of the company’s stock worth $73,913,000 after acquiring an additional 286,133 shares during the last quarter. Rhumbline Advisers increased its stake in Alight by 13.9% during the second quarter. Rhumbline Advisers now owns 757,020 shares of the company’s stock worth $5,587,000 after acquiring an additional 92,235 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in Alight during the first quarter worth about $1,202,000. 96.74% of the stock is currently owned by institutional investors and hedge funds. Insider Activity at Alight In other Alight news, insider Gregory A. George sold 84,929 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $7.60, for a total transaction of $645,460.40. Following the sale, the insider now owns 223,327 shares in the company, valued at $1,697,285.20. This represents a 27.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link . Also, Director William P. Foley II sold 5,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $8.25, for a total value of $41,250,000.00. Following the sale, the director now owns 883,323 shares in the company, valued at $7,287,414.75. The trade was a 84.99 % decrease in their position. The disclosure for this sale can be found here . 5.33% of the stock is currently owned by company insiders. Analysts Set New Price Targets Get Our Latest Report on Alight Alight Trading Up 1.3 % Shares of ALIT opened at $7.98 on Friday. The company has a market capitalization of $4.33 billion, a P/E ratio of -16.63 and a beta of 0.87. Alight, Inc. has a one year low of $6.15 and a one year high of $10.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a 50-day moving average price of $7.34 and a 200 day moving average price of $7.35. Alight ( NYSE:ALIT – Get Free Report ) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $555.00 million during the quarter, compared to the consensus estimate of $538.39 million. Alight had a positive return on equity of 5.61% and a negative net margin of 7.95%. Alight’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.07 earnings per share. Sell-side analysts forecast that Alight, Inc. will post 0.47 EPS for the current fiscal year. Alight Announces Dividend The firm also recently declared a — dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a $0.04 dividend. The ex-dividend date of this dividend is Monday, December 2nd. Alight Profile ( Free Report ) Alight, Inc provides cloud-based integrated digital human capital and business solutions worldwide. The company operates through two segments, Employer Solutions and Professional Services. The Employer Solutions segment offers employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll; and operates AI-led capabilities software. Further Reading Five stocks we like better than Alight High Flyers: 3 Natural Gas Stocks for March 2022 Vertiv’s Cool Tech Makes Its Stock Red-Hot Using the MarketBeat Stock Split Calculator MarketBeat Week in Review – 11/18 – 11/22 3 Ways To Invest In Coffee, Other Than Drinking It 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Alight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alight and related companies with MarketBeat.com's FREE daily email newsletter .
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Swiss National Bank Sells 1,200 Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)OpenAI whistleblower death: Parents want to know what happened to Suchir Balaji after apparent suicide
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The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . HUNTSVILLE, Texas (AP) — Jonah Pierce had 20 points in Presbyterian’s 67-42 win against Youngstown State on Friday night. Pierce added nine rebounds for the Blue Hose (4-3). Kory Mincy scored 12 points, shooting 5 for 11, including 2 for 5 from beyond the arc. Kobe Stewart had 11 points and finished 4 of 9 from the field. The Penguins (2-3) were led by Ty Harper, who posted 12 points. EJ Farmer added 10 points and three steals for Youngstown State. Nico Galette also had five points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .William Blair downgraded shares of Ulta Beauty ( NASDAQ:ULTA – Free Report ) from an outperform rating to a market perform rating in a research report report published on Thursday morning, Marketbeat Ratings reports. A number of other brokerages also recently issued reports on ULTA. B. Riley started coverage on Ulta Beauty in a report on Tuesday, September 10th. They set a “sell” rating and a $300.00 price target on the stock. Loop Capital lowered their price target on Ulta Beauty from $520.00 to $450.00 and set a “buy” rating on the stock in a report on Tuesday, September 3rd. StockNews.com raised Ulta Beauty from a “sell” rating to a “hold” rating in a report on Saturday, September 28th. TD Cowen lowered their price target on Ulta Beauty from $390.00 to $380.00 and set a “hold” rating on the stock in a report on Thursday, October 17th. Finally, Oppenheimer reissued an “outperform” rating and issued a $435.00 target price on shares of Ulta Beauty in a report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $420.71. Get Our Latest Report on Ulta Beauty Ulta Beauty Stock Performance Ulta Beauty ( NASDAQ:ULTA – Get Free Report ) last issued its quarterly earnings results on Thursday, August 29th. The specialty retailer reported $5.30 earnings per share for the quarter, missing the consensus estimate of $5.47 by ($0.17). Ulta Beauty had a return on equity of 54.02% and a net margin of 10.68%. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.61 billion. During the same period in the previous year, the company earned $6.02 earnings per share. Ulta Beauty’s revenue for the quarter was up .9% on a year-over-year basis. Research analysts forecast that Ulta Beauty will post 23.07 EPS for the current fiscal year. Institutional Trading of Ulta Beauty A number of institutional investors and hedge funds have recently added to or reduced their stakes in ULTA. O Shaughnessy Asset Management LLC lifted its position in Ulta Beauty by 5.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,205 shares of the specialty retailer’s stock worth $1,676,000 after acquiring an additional 159 shares during the period. EntryPoint Capital LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at about $110,000. CreativeOne Wealth LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at about $281,000. Toronto Dominion Bank lifted its holdings in shares of Ulta Beauty by 67.0% in the 1st quarter. Toronto Dominion Bank now owns 55,637 shares of the specialty retailer’s stock valued at $29,091,000 after buying an additional 22,328 shares during the period. Finally, LRI Investments LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 90.39% of the company’s stock. Ulta Beauty Company Profile ( Get Free Report ) Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications. Recommended Stories Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter .