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By Dr. Gyan Pathak India is moving fast with its intention of implementing the next phase of labour reforms. Digital bases are being put in place, that may ultimately pave the way for smooth transition to new labour code regime, implementation of which is likely to be announced soon, though it is generally considered to be a minefield that would be very problematic to navigate by both workers and employers. Both the stakeholders are yet not ready to the occasion, though Centre and the majority of States and UTs are ready with their laws required for implementation. The latest few moves of the Centre indicate in this direction. It has already put eShram portal for migrant and informal workers, and directions have already issued to Ministries and Departments to ensure payments of subsidy and incentives to beneficiaries of the welfare schemes through Aadhar Payment Bridge. Under the Aadhar Payment Bridge, Central Government has earlier ordered the ministries and departments to ensure 100 per cent Biometric Aadhar Authentication. Now, it has ordered the Employment Provident Fund Organisation (EPFO) to ensure employers to complete the first stage of the process of Universal Account Number (UAN) activation through Aadhar-based OTP by November 30, 2024, starting with the latest joinee employees in the current financial year 2024-25. In the second stage of the process, going forward, UAN activation will include the state-of-the-art facility of Biometric authentication, through Face-recognition Technology. Thereafter, the Employers are required to complete the process for all employees working with them. It is part of the EPFO reform that is required to ensure that maximum number of employers and employees benefit from the Employment Linked Incentive (ELI) Scheme announced in the Union Budget 2024-25. It is in this backdrop, the Ministry of Labour & Employment has directed EPFO to work in a campaign mode with Employers and ensure activation of Universal Account Number (UAN) of employees. EPFO, in their turn, will involve their zonal and regional offices for effective outreach. The Union Ministry of Labour& Employment has said that using Aadhar as an identity document simplifies government delivery processes, enhances transparency and efficiency, and ensures beneficiaries receive their entitlements seamlessly. Aadhar-based verification eliminates the need for producing multiple documents to prove one’s identity. Three schemes A, B, and C were launched in the Union Budget 2024-25 to give Rs10,000 crore subsidies to employers under ELI scheme through EPFO for every new membership, and it was claimed that it would generate 8 million jobs, apart from skilling 10 million youths over the next five years. EPFO has just celebrated its foundation day, and on that occasion, the Union Ministry of Labour and Employment had said, “India’s economy is currently undergoing a transformative shift marked by an increasing trend toward formalization—a process that is redefining job structures, employment security, and social benefits for millions. This change is of profound importance for India’s workforce, as it ensures that a larger segment of the population is covered by social security systems, offering them greater economic stability and a more secure future.” The process of creating a digital base for entire informal and formal workforce in the country is likely to make the transition from the old labour laws regime to the new labour code regime a little smoother. PM Narendra Modi has already labelled the new labour codes as the largest labour reform in India since independence, which according to him would benefit both the employees and employers – employees with better working conditions and employers with ease of doing business. Nevertheless, transition is not likely to be smooth on account of fear of new problems that the implementation of the codes would bring to both the stakeholders – the employees and employers. The joint platform of the 10 Central Trade Unions (CTUs) has been agitating against the four labour codes since PM Modi government had got them passed – Code of Wages in 2019, and Industrial Relations Code, Code on Social Security, and Occupational Safety, and Health and Working Conditions in 2020. Government supported Bharatiya Mazdoor Sangh (BMS) has also reservations on certain provisions of the codes which they say need further discussion before implementation. As for the Employers, navigating from old labour laws regime to the new labour codes regime would not be smooth either, though the new four codes were prepared by subsuming 29 of the 44 labour related laws to make doing business easier. Barring the big Corporate companies, all other companies would have to undergo numerous problems while implementing the new labour codes, since they would require to identify and make arrangements as per the new laws involving funds to deal with the complexities in compliance and the new possible legal pitfalls. The EPFO, ESI, and eShram platforms have already displayed considerable level of problems in implementation of the new direction of the Central government. States and UTs will also be required to make enough arrangements in terms of skilled manpower, digital space for themselves, and effective implementing machinery. Nevertheless, the fast-changing world of work will compel all stakeholder to adopt to the new realities on the ground as far as fast emerging new Employment regime is concerned that heavy relies on technology and Artificial Intelligence. Even the four labour codes are almost five years old during which the world of work has drastically changed, requiring further tweaks in the codes themselves. Foolish implementation of the codes without suitable changes to meet the challenges of the fast changing world of work after COVID-19 crisis of 2020 could be disastrous. The joint platform of CTUs is still threatening strong protest agitation against implementation of the labour codes, including all India strike action. Employers may face pressures from the government to implement the new laws on the one hand and from agitating workers on the other. (IPA Service)
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info In a tragic turn of events, Russian actress Kamilla Belyatskaya described a picturesque beach as the "best thing I've seen in my life" in an eerie final post before being swept away by the ocean on the tourist island of Koh Sumui in Thailand. At just 24 years old, she had shared footage of herself perched on a pink foam yoga mat, enjoying the coastal views. However, she later became overpowered by the crashing waves and was seen struggling against the ocean's pull in a heartrending video clip. Her body was sadly discovered this past weekend, located two-thirds of a mile from where the devastating waves overtook her. Hailing from Novosibirsk, Russia, Kamilla was visiting the renowned location with her boyfriend and had expressed her affection for this special spot to her social media followers, dubbing Koh Sumui "home" and "the best place on earth". Her enthusiasm was palpable when she previously posted about a particularly enchanting rocky beach, sharing: "I love Samui so much. But this place, this rocky beach is the best thing I've ever seen in my life. Thank you, universe, for me being here right now. I'm very happy. I'm happy!" The young starlet had retrieved the pink mat from the boot of her car to take in the island’s sweeping vistas. Later, amidst treacherous conditions at sea, the same mat was spotted adrift. Despite rescue teams battling the ferocious seas and reaching the scene merely 15 minutes after she disappeared into the water, they were unable to save the ill-fated tourist. A witness recounted the distressing incident, saying: "We were there at that moment. It was about 1.40 pm." "A terrible tragedy," they added. "She sat on the rock for a long time. At some point, I turned away, and a second later I saw that the girl had been carried away by a wave. Her boyfriend was sitting much higher than she was. As soon as that happened, we ran to the Thais to call for help. I hoped that the girl would swim out... as soon as she was washed away she managed to swim out, screaming with the last of her strength and trying to stay on her back." Sadly, despite rescue teams reaching the scene in just 15 minutes, they couldn't save the ill-fated tourist. Her grief-stricken boyfriend and witnesses provided statements to local authorities detailing the calamity. Chaiyaporn Subprasert, head of Samui Rescue Centre, noted that warning protocols were indeed in place along the beaches. "During monsoon season, we constantly warn tourists, especially in high-risk areas like Chaweng and Lamai beaches, where red flags indicate no swimming. While the incident's location is not a swimming area but rather a viewpoint for scenery, the victim may have been caught off guard by the unexpected wave surge."Newswise — Cal State Fullerton is experiencing a record-high year for enrollment. Fall 2024 data showed that CSUF enrolled 43,662 students this semester — increasing about 4% from 41,962 enrolled students in fall 2023. CSUF had the highest enrollment in the California State University system this fall. The increase was due in part to an all-time high number of applications, a record-high number of new students in fall 2024 and strong retention. The university received 83,478 undergraduate and graduate applications for fall 2024 compared to 78,325 applications for 2023. "We are thrilled to announce another successful semester with enrollment numbers that reflect both the resilience and ambition of our students,” said Amir Dabirian, provost and vice president for academic affairs. “This milestone not only underscores the growing demand for the high-quality education we offer, but also highlights the strong commitment of our faculty, staff and community to student success. As we continue to innovate and expand opportunities for academic excellence, we remain dedicated to empowering students to achieve their fullest potential." CSUF’s increased enrollment comes as Diverse Issues in Higher Education ranks CSUF No. 3 in the nation for bachelor’s degrees awarded to underrepresented students. U.S. News & World Report also ranked the university as a No. 7 Top Performer on Social Mobility in the nation this year. The CSU system overall experienced a systemwide enrollment increase of 2% from the previous year to more than 461,000 students. The CSU system extended its intent-to-register deadline last year to give new students more time to consider financial aid offers, which were delayed during the 2024-25 Free Application for Federal Student Aid, or FAFSA, rollout. About Cal State Fullerton: The largest university in the CSU and the only campus in Orange County, Cal State Fullerton offers more than 100 degree programs and Division I athletics. Recognized as a national model for supporting student success, CSUF excels with innovative, high-impact educational practices, including faculty-student collaborative research, study abroad and competitive internships. CSUF is a top public university known for its success in supporting first-generation and underrepresented students, and preparing all students to become leaders in the global marketplace. Our vibrant and diverse campus is a primary driver of workforce and economic development in the region. Visit fullerton.edu .
ST. LOUIS (AP) — Robbie Avila's 19 points helped Saint Louis defeat winless Chicago State 85-62 on Sunday. Avila also had seven rebounds for the Billikens (6-3). Gibson Jimerson added 18 points and seven rebounds. Kalu Anya had 14 points. The Cougars (0-11) were led in scoring by Noble Crawford, who finished with 18 points. Jalen Forrest added 13 points and seven rebounds. Troy McCoy finished with 11 points. Saint Louis took the lead with 13:38 remaining in the first half and never looked back. Avila led their team in scoring with 12 points in the first half to help put them up 41-33 at the break. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Ruud van Nistelrooy ‘disappointed’ and ‘hurt’ after cutting ties with Man Utd
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Since joining the Ohio State Buckeyes in 2019, coach Ryan Day has struggled to pick up wins over their rival, the Michigan Wolverines, with his lone victory coming in his first season with the program. These issues continued on Saturday as No. 2 Ohio State suffered its fourth-consecutive loss to Michigan by a final score of 13-10 in front of the Buckeyes faithful in Columbus. Day has struggled to reach the championship expectations the Buckeyes have during his six years with the team. Through his first five seasons, Ohio State has reached the National Championship one time, falling to Alabama to end the 2020 season. © Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images Following Ohio State's second loss of the 2024 season, former Buckeyes cornerback Tyreke Johnson, who played under Day in 2019 and 2020, revealed a telling story about his coach from the aforementioned title game, revealing Day "was not the answer." "Y’all can say I’m hating or whatever y’all want but I knew coach Day was not the answer when we played in the national championship against Bama and at half time he didn’t say a word to the team just went in the office and started to blame other coaches," Johnson wrote on X. Y’all can say I’m hating or whatever y’all want but. I knew coach Day was not the answer when we played in the national championship against Bama and at half time he didn’t say a word to the team just went in the office and started to blame other coaches. In the 2020 CFP National Championship, Johnson and Ohio State went into halftime trailing 35-17. It seemed Day didn't give his team the motivation it needed to spark a comeback, as the Buckeyes only scored seven points in the final two quarters, losing the game 52-24. In his two years in Columbus, Johnson didn't see much playing time, only recording eight tackles in 11 combined games. Following 2020, the cornerback transferred to the Nebraska Cornhuskers, finishing up his college career in Lincoln. Day and the Buckeyes (10-2, 7-2 in Big 10 play) will still have a chance to win the program's first national title since the 2014 season, but, with the loss, a conference title seems to be out of the picture. Related: Police Appear to Use Pepper Spray on Michigan, Ohio State Players During BrawlBotafogo won the Copa Libertadores for the first time in their history with a 3-1 victory over fellow Brazilians Atletico Mineiro on Saturday. Botafogo played almost the entire match with ten men after Gregore was sent off in the first minute but they showed impressive spirit and resilience to secure victory at River Plate's Monumental Stadium in Buenos Aires. Midfielder Gregore was shown a red card after a wild, high challenge on Fauto Vera, forcing Botafogo to adjust their game plan, but Atletico failed to press home their numerical advantage. Veteran forward Hulk had an effort from outside the box saved by John but the team from Belo Horizonte created little pressure. Sensing the game might not be the rearguard action they might have expected, Botafogo began to show more attacking intent and they were rewarded in the 35th minute. Marlon Freitas's shot from the edge of the box ricocheted around a crowded box before the ball fell to Luiz Henrique, who fired home from close range. To their credit, Botafogo didn't retreat to defend their slim advantage and they were able to double their lead in the 44th minute. Atletico defender Guilherme Arana attempted to shepherd the ball back to goalkeeper Everson but Luiz Henrique snuck between the pair and went down under challenge from the keeper. After a VAR review, a penalty was awarded and Alex Telles confidently smashed home the spot kick to give Botafogo an unlikely 2-0 lead at the break. Atletico, who won the Libertadores in 2013, made a triple substitution at the interval and it paid off swiftly with Eduardo Vargas heading in from a corner. Inevitably, there was late pressure from Atletico, but Botafogo made sure of the victory when Junior Santos finished off a counter-attack deep in stoppage time. With the win, Botafogo earns the final of 32 places in next year's FIFA Club World Cup to be held in the United States. sev/js
LOS ANGELES (AP) — The Los Angeles Rams keep doing just enough to win, and a team that appeared to be rebuilding this season has climbed all the way to the brink of another playoff berth. The Rams improved to 9-6 and took control of the NFC West on Sunday with their fourth straight victory since Thanksgiving. Their 19-9 win over the New York Jets in sub-freezing temperatures was not dominant — they trailed 9-6 entering the fourth quarter, and they were outgained by nearly 100 yards — but Los Angeles still matched its largest margin of victory this season and continued to look like a looming nightmare for any postseason opponent. The Rams have now won eight of 10 since their bye week, when they were 1-4 and the NFL world wondered whether they would trade Super Bowl MVP receiver Cooper Kupp or even quarterback Matthew Stafford to spur their roster reboot. Los Angeles decided not to punt its season, and Sean McVay's team has driven from last to first. “You don’t want to ride the emotional roller coaster that these games can take you on,” McVay said Monday. “You do have the ability to stay steady, to stay the course and try to right the ship. Certainly that’s not complete by any stretch, but our guys have done an excellent job of not allowing the way that we started, especially in those first five games, to affect what we did coming off that bye.” The Rams also have clinched their seventh winning record in eight regular seasons under McVay — an achievement that shouldn’t get lost in the recent successes of a franchise that had 13 consecutive non-winning seasons before it rolled the dice and hired a 30-year-old head coach back in 2017. After winning it all in February 2022 and then having the worst season by a defending Super Bowl champion in NFL history, the Rams have made the most of their time in between true powerhouse status and a major rebuild. They also started slowly last year, entering their bye at 3-6 before a 7-1 finish. The Rams can become the first team in NFL history to make back-to-back postseason appearances after being three games under .500 each year. These Rams don't stand out on either side of the ball, although their talent level appears to be higher on offense than defense. Instead, they've mastered a delicate balance of complementary football — the offense and defense covering each other's weaknesses and setting up their teammates for success. The Rams have scored more than 30 points just once all season, and they managed only 31 points in their last two games combined. Their defense has allowed only one touchdown in the past two games — but right before that, Josh Allen and the Bills racked up 42 points and 445 yards in the most recent of a few defensive stinkers from LA this season. The Rams keep winning anyway, and now they can clinch McVay's fourth NFC West title by beating Seattle in two weeks. “Fortunately, we’re in a position where you don’t necessarily have to rely on other things to happen if you just handle your business,” McVay said. What's working Kyren Williams and the offensive line are driving the Rams' offense. After a slow start caused partly by McVay being forced to abandon the running game when the Rams repeatedly fell behind early, the 2023 Pro Bowler has surged to career highs of 1,243 yards and 13 rushing touchdowns with his 122-yard performance in New York. What needs help Stafford's 110 yards passing were his fewest with the Rams and the second-fewest in his 16-year career from a full game. Sunday's weather was a major factor, but the Rams must throw the ball effectively to somebody other than Puka Nacua. Kupp has just 193 yards receiving in his past five games combined. Stock up Defensive back Jaylen McCollough made a career-high nine tackles in only 31 snaps. The undrafted rookie continues to be a remarkable find, earning playing time alongside veteran safeties Quentin Lake and Kam Curl and fellow rookie Kam Kinchens. Stock down CB Cobie Durant didn't play for the second straight week despite being cleared to return from his bruised lung. Veteran Ahkello Witherspoon got every snap in place of Durant, who started LA's first 13 games. McVay praised Witherspoon's recent play when asked why Durant didn't get on the field in New Jersey. Injuries The Rams' improved health, particularly on both lines, is the key to their surge. McVay reported no new injuries out of the road trip following Tyler Higbee's successful season debut. Key number 12-1 — The Rams’ record in December with Stafford as their starter over his four years in LA. Next steps The Rams need to win at least one of their final two games to wrap up their first NFC West crown since 2021. They host eliminated Arizona on Saturday night, but can't clinch the division unless the Seahawks lose to moribund Chicago. The Rams are currently the NFC's third seed, but that doesn't matter a whole lot because both the third and fourth seeds will have to play one of the NFC North's two powerful wild-card teams in the opening round. AP NFL: https://apnews.com/NFLFianna Fail and Fine Gael eye independent TDs as option to secure Dail majorityMumbai: Dharavi Sports Club Members Protest Mismanagement, Lack Of Facilities By Private Firm Despite Hefty Fees
Ambient Scientific has unveiled its new AI module, the Sparsh board, which operates on a coin cell battery, making it suitable for a wide array of on-device AI applications. The module aims to offer solutions for tasks such as human activity recognition, voice control, and acoustic event detection. This innovation is notable for its ability to function continuously for months without frequent battery replacements. The Sparsh board has various components, including motion sensors, a digital microphone, a Bluetooth Low-Energy (BLE) module, and more. This combination makes it a powerful tool for developers looking to prototype battery-operated AI applications quickly. AI module According to GP Singh, the Founder and CEO of Ambient Scientific, traditional microcontroller units (MCUs) often require a compromise between AI performance and power efficiency. However, introducing their ultra-low power GPX10 AI processor marks a new direction in the industry, utilizing advanced analog in-memory computing technology. This allows developers to create accurate AI applications without sacrificing battery life or performance, making the technology versatile and flexible for various uses. Ambient Scientific also provides a comprehensive software stack that streamlines the development process for AI applications. The stack supports well-known frameworks like TensorFlow and Keras alongside a proprietary compiler designed to accommodate nearly all key types of neural networks. Additionally, developers can access sample AI applications and algorithms, allowing them to start building projects almost immediately after downloading the AmbiSense SDK. The range of applications explored with the Sparsh board extends across multiple sectors, including predictive maintenance, AI-enabled medical devices, wearables, and voice-controlled toys. As interest grows from product developers, students, and researchers, Ambient Scientific plans to release various reference designs for battery-driven AI applications, aiming to enhance the accessibility and affordability of AI technology. Coin cell battery The GPX10 processor is a top choice for always-on embedded AI applications, specifically for power-sensitive edge devices. Featuring ten DigAn AI cores, an integrated system-on-chip (SoC) design that includes an ultra-low power analog-to-digital converter (ADC), custom SRAM, and support for various peripherals, the GPX10 is touted as a highly flexible solution for edge AI requirements. The architecture of GPX10 is specifically crafted for executing neural network functions, optimizing both power consumption and programmability. This emphasis on design allows for greater adaptability in applications requiring on-device AI. Ambient Scientific offers its Development Kit (DVK) to aid developers, providing a comprehensive platform for testing and fine-tuning embedded AI applications. The accompanying software development kit includes tools that let users create AI applications utilizing popular frameworks while offering a compiler and training toolkit to simplify the development process. Ambient Scientific is set to showcase the Sparsh AI module at an upcoming event, promising live demonstrations of its capabilities, including applications focused on fall detection and voice recognition. This launch marks a significant step forward in bringing efficient, battery-operated AI solutions to the market, further cementing Ambient Scientific’s commitment to advancing AI technology. With these advancements, both hobbyists and professionals can look forward to new opportunities to develop innovative AI solutions that are both powerful and practical. Ambient Scientific will showcase its Sparsh AI module at CES 2025 with live demonstrations of AI applications running on coin cell batteries, such as Fall Detection, voice recognition, and more.EDWARDSVILLE, Ill. (AP) — Ray'Sean Taylor had 27 points, Ring Malith scored 24 with 10 rebounds and SIU Edwardsville beat Ball State 82-69 on Sunday. Taylor went 9 of 22 from the field (7 for 15 from 3-point range) for the Cougars (6-4). Malith hit 7 of 13 shots and 9 of 10 at the free-throw line. Brian Taylor II shot 5 of 8 from the field and 2 for 4 from the line to finish with 13 points. Juan Sebastian Gorosito led the way for the Cardinals (3-6) with 17 points. Ball State also got 13 points and six rebounds from Ben Hendriks. Malith scored 10 points in the first half and SIU-Edwardsville went into the break trailing 41-39. Ray'Sean Taylor scored the last seven points for SIU-Edwardsville to finish off the 13-point victory. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .( MENAFN - GlobeNewsWire - Nasdaq) Collaboration will enhance communication and connectivity in ISO 26262 compliant V2X systems, accelerating innovation for safer and smarter automotive systems and vehicles SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- SmartDVTM Technologies , provider of flexible, highly configurable, customizable Semiconductor design IP (intellectual property) and VIP (verification IP), is proud to announce the licensing of its SDIO IP family to RANiX for integration into their V2X (Vehicle-to-Everything) products. This collaboration supports the development of advanced automotive communication solutions that enable safer, smarter, and more connected vehicle ecosystems. SDIO IP from SmartDV offers robust, high-performance data transfer capabilities critical to the seamless functionality of V2X systems. SDIO interfaces allow for efficient communication between processors and memory devices, goes beyond storage to integrate and control memory operations while connecting external peripherals, supporting high performance and reliability in complex systems. These IP cores facilitate reliable communication between automotive components, enhancing connected vehicle technologies such as vehicle safety communications, real-time traffic updates, and driver assistance features. To meet RANiX's unique design goals, SmartDV will customize the IP to go beyond the standard SDIO functionality-thereby empowering RANiX to differentiate from their competitors. SmartDV will also provide RANiX with the requisite support and documentation to achieve ASIL certification for ISO 26262. "Integrating SmartDV's customized SDIO IP into our V2X products strengthens RANiX's ability to deliver highly reliable, high-performance communication solutions for connected vehicles,” attested Shawn Lee, Managing Director, RANiX.“This collaboration enhances our mission to make transportation safer, smarter, and more connected, setting new benchmarks in automotive innovation." “With our family of SDIO IP, we aim to empower V2X product developers at RANiX to accelerate innovation and provide next-generation solutions that redefine transportation safety and efficiency,” added Mohith Haridoss, Global Sales Director, SmartDV Technologies.“Our solutions exemplify SmartDV's commitment to advancing connectivity in automotive technologies-and the customizations we're undertaking for RANiX shine a light on a key advantage customers can leverage in selecting SmartDV as their trusted IP vendor.” SmartDV continues to be a key partner in delivering cutting-edge IP solutions tailored to the evolving needs of the automotive industry around the globe. About RANiX RANiX is a leader in Industry 4.0, specializing in Vehicle-to-Everything (V2X) technology and delivering innovative semiconductor solutions for automotive and smart living technologies. With a strong focus on R&D, we develop advanced chips and systems for autonomous vehicles, IoT, and cybersecurity. Our V2X modem, software stacks, and security chips achieve unparalleled ECDSA performance, enhancing connected car safety. Leveraging over 16 years of expertise, RANiX provides solutions that are trusted by global automotive leaders. We integrate Tiny-ML, AI, and ESG principles to advance connected and autonomous vehicles. RANiX is driving human-centric innovation, creating a safer, more efficient, smarter world. Learn more about RANiX at and connect with us on LinkedIn. About SmartDV At SmartDV TechnologiesTM, we believe there's a better way to approach semiconductor intellectual property (IP) for integrated circuits. We've been focused exclusively on IP since 2007-so whether you're sourcing standards-based design IP for your next SoC, ASIC, or FPGA, or seeking verification solutions (VIP) to put your chip design through its paces, you'll find SmartDV's IP straightforward to integrate. By combining proprietary SmartCompilerTM technology with the knowledge of hundreds of expert engineers, SmartDV can customize IP to meet your unique design objectives: quickly, economically, and reliably. Don't allow other suppliers to force one-size-fits-all cores into your chip design. Get the IP you need, tailored to your specifications, with SmartDV: IP Your Way . Learn more about SmartDV at and connect with us on LinkedIn . SmartDV, SmartDV Technologies, SmartDV NA, SmartCompiler, IP Your Way, and the SmartDV logo are trademarks of SmartDV Technologies India Private Limited. Any and all other trademarks present in this release are the property of their respective owners. All rights reserved. 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Gainers Universe Pharmaceuticals UPC stock rose 192.4% to $3.07 during Friday's pre-market session. The market value of their outstanding shares is at $4.8 million. VSee Health VSEE shares moved upwards by 25.17% to $1.84. The market value of their outstanding shares is at $28.8 million. Radiopharm Theranostics Limited - American Depositary Shares RADX shares increased by 24.5% to $22.0. Innate Pharma IPHA shares increased by 17.23% to $1.7. The market value of their outstanding shares is at $137.6 million. Sonoma Pharmaceuticals SNOA stock increased by 14.28% to $2.96. The market value of their outstanding shares is at $3.9 million. Cardio Diagnostics Hldgs CDIO shares rose 14.12% to $0.53. The market value of their outstanding shares is at $21.4 million. Losers Bluejay Diagnostics BJDX stock fell 25.3% to $4.63 during Friday's pre-market session. The market value of their outstanding shares is at $2.5 million. Camp4 Therapeutics CAMP stock declined by 18.35% to $8.01. The market value of their outstanding shares is at $161.4 million. Molecular Templates MTEM shares fell 14.76% to $0.46. The market value of their outstanding shares is at $3.0 million. Psyence Biomedical PBM stock declined by 14.4% to $2.26. The company's market cap stands at $1.9 million. Silexion Therapeutics SLXN shares declined by 11.62% to $2.74. The market value of their outstanding shares is at $4.3 million. Virpax Pharmaceuticals VRPX shares declined by 10.54% to $0.35. The market value of their outstanding shares is at $2.8 million. See Also: www.benzinga.com/money/best-healthcare-stocks/ This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish
Three long days of counting in the General Election finished late on Monday night when the final two seats were declared in the constituency of Cavan-Monaghan. Fianna Fail was the clear winner of the election, securing 48 of the Dail parliament’s 174 seats. Sinn Fein took 39 and Fine Gael 38. Labour and the Social Democrats both won 11 seats; People Before Profit-Solidarity took three; Aontu secured two; and the Green Party retained only one of its 12 seats. Independents and others accounted for 21 seats. The return of a Fianna Fail/Fine Gael-led coalition is now highly likely. However, their combined seat total of 86 leaves them just short of the 88 needed for a majority in the Dail. While the two centrist parties that have dominated Irish politics for a century could look to strike a deal with one of the Dail’s smaller centre-left parties, such as the Social Democrats or Labour, a more straightforward route to a majority could be achieved by securing the support of several independent TDs. For Fianna Fail leader Micheal Martin and current taoiseach and Fine Gael leader Simon Harris, wooing like-minded independents would be likely to involve fewer policy concessions, and financial commitments, than would be required to convince another party to join the government benches. Longford-Westmeath independent TD Kevin “Boxer” Moran, who served in a Fine Gael-led minority government between 2017 and 2020, expressed his willingness to listen to offers to join the new coalition in Dublin. “Look, my door’s open,” he told RTE. “Someone knocks, I’m always there to open it.” Marian Harkin, an independent TD for Sligo-Leitrim, expressed her desire to participate in government as she noted that Fianna Fail and Fine Gael were within “shouting distance” of an overall majority. “That means they will be looking for support, and I certainly will be one of those people who will be speaking to them and talking to them and negotiating with them, and I’m looking forward to doing that, because that was the reason that I ran in the first place,” she said. Meanwhile, the Social Democrats and Irish Labour Party both appear cautious about the prospect of an alliance with Fianna Fail and Fine Gael. They will no doubt be mindful of the experience of the Green Party, the junior partner in the last mandate. The Greens experienced near wipeout in the election, retaining only one of their 12 seats. Sinn Fein appears to currently have no realistic route to government, given Fianna Fail and Fine Gael’s ongoing refusal to share power with the party. Despite the odds being stacked against her party, Sinn Fein president Mary Lou McDonald contacted the leaders of the Social Democrats and Labour on Monday to discuss options. Earlier, Fianna Fail deputy leader and outgoing Finance Minister Jack Chambers predicted that a new coalition government would not be in place before Christmas. Mr Chambers said planned talks about forming an administration required “time and space” to ensure that any new government will be “coherent and stable”. After an inconclusive outcome to the 2020 election, it took five months for Fianna Fail, Fine Gael and the Greens to strike the last coalition deal. Mr Chambers said he did not believe it would take that long this time, as he noted the Covid-19 pandemic was a factor in 2020, but he also made clear it would not be a swift process. He said he agreed with analysis that there was no prospect of a deal before Christmas. “I don’t expect a government to be formed in mid-December, when the Dail is due to meet on December 18, probably a Ceann Comhairle (speaker) can be elected, and there’ll have to be time and space taken to make sure we can form a coherent, stable government,” he told RTE. “I don’t think it should take five months like it did the last time – Covid obviously complicated that. But I think all political parties need to take the time to see what’s possible and try and form a stable government for the Irish people.” Fine Gael minister of state Peter Burke said members of his parliamentary party would have to meet to consider their options before giving Mr Harris a mandate to negotiate a new programme for government with Fianna Fail. “It’s important that we have a strong, stable, viable government, whatever form that may be, to ensure that we can meet the challenges of our society, meet the challenges in terms of the economic changes that are potentially going to happen,” he told RTE. Despite being set to emerge with the most seats, it has not been all good news for Fianna Fail. The party’s outgoing Health Minister Stephen Donnelly became one of the biggest casualties of the election when he lost his seat in Wicklow in the early hours of Monday morning. Mr Donnelly was always predicted to face a fight in the constituency after boundary changes saw it reduced from five to four seats. If it is to be a reprise of the Fianna Fail/Fine Gael governing partnership of the last mandate, one of the major questions is around the position of taoiseach and whether the parties will once again take turns to hold the Irish premiership during the lifetime of the new government. The outcome in 2020 saw the parties enter a coalition on the basis that the holder of the premier position would be exchanged midway through the term. Fianna Fail leader Mr Martin took the role for the first half of the mandate, with Leo Varadkar taking over in December 2022. Current Fine Gael leader Mr Harris succeeded Mr Varadkar as taoiseach when he resigned from the role earlier this year. However, this time Fianna Fail has significantly increased its seat lead over Fine Gael, compared with the last election when there were only three seats between the parties. The size of the disparity in party numbers is likely to draw focus on the rotating taoiseach arrangement, raising questions as to whether it will be re-run in the next coalition and, if it is, on what terms. On Sunday, Simon Coveney, a former deputy leader of Fine Gael, said a coalition that did not repeat the rotating taoiseach arrangement in some fashion would be a “difficult proposition” for his party. Meanwhile, Fine Gael minister Paschal Donohoe said he would be making the case for Mr Harris to have another opportunity to serve as taoiseach. On Monday, Mr Chambers said while his party would expect to lead the government it would approach the issue of rotating the taoiseach’s role on the basis of “mutual respect” with Fine Gael. “I think the context of discussions and negotiations will be driven by mutual respect, and that’s the glue that will drive a programme for government and that’s the context in which we’ll engage,” he said. On Monday, Labour leader Ivana Bacik reiterated her party’s determination to forge an alliance with fellow centre-left parties with the intention of having a unified approach to the prospect of entering government. Asked if Labour was prepared to go into government with Fianna Fail and Fine Gael on its own, she told RTE: “No, not at this stage. We are absolutely not willing to do that. “We want to ensure there’s the largest number of TDs who share our vision and our values who want to deliver change on the same basis that we do.” The Social Democrats have been non-committal about any potential arrangement with Fianna Fail and Fine Gael, and have restated a series of red lines they would need to achieve before considering taking a place in government. Leader Holly Cairns, who gave birth to a daughter on polling day on Friday, said in a statement: “The party is in a very strong position to play an important role in the next Dail. In what position, government or opposition, remains to be seen.” Fianna Fail secured the most first preference votes in Friday’s proportional representation election, taking 21.9% to Fine Gael’s 20.8%. Sinn Fein came in third on 19%. While Sinn Fein’s vote share represented a marked improvement on its disappointing showing in June’s local elections in Ireland, it is still significantly down on the 24.5% poll-topping share it secured in the 2020 general election. The final breakdown of first preferences also flipped the result of Friday night’s exit poll, which suggested Sinn Fein was in front on 21.1%, with Fine Gael on 21% and Fianna Fail on 19.5%.Thanks to meme culture, a whole new generation is enjoying the beloved 2003 holiday movie, "Elf." Video above: Giant Buddy the Elf cutout looms over Vermont children's museum We are now learning the behind-the-scenes story about one particular scene that has gone viral. According to Mark Acheson, who played "Mailroom Guy" in the film, not only was much of his scene improvised, it almost didn't make it into the movie. "I called my agent and he said, 'Listen, they would like you to come and do one line with Will Ferrell. Would you like to do it?,'" Acheson told People magazine. "And I said, yeah, I'd be happy to do that. I was only supposed to say 'work release' and that was the end of it." Ferrell plays Buddy the Elf, sent to the mailroom at his father's office to stay occupied. "Elf" director Jon Favreau got Acheson to improvise with Ferrell. During the scene, Acheson's character tells Ferrell's character he's 26 years old but has "nothing to show for it." "You're young, you're so young," Ferrell's Buddy tells the "Mailroom Guy." But not everyone loved the banter, and Acheson said the improvised dialogue initially landed on the chopping block. "The producers wanted to axe the whole scene because of that. I think, 'Who is gonna believe this guy is 26?' I mean, seriously," Acheson said. "I believe I was 46 at the time and an older, 46 even at that. Because I never looked young in my life." Favreau fought to keep it in the movie. "He said that the joke, that's the funny part, right?" Acheson recalled. "He kept me in. They didn't want me, but he did and thank God for me because it changed my career quite a bit." The scene is now being shared all over social media.
Abacus Life Completes Acquisition of FCF AdvisorsOAKLAND — The race to be Oakland’s next mayor may have officially kicked off Monday, but the starting line is eerily quiet — and may continue to be until Rep. Barbara Lee about whether to run. Lee, the longtime East Bay congresswoman and stalwart of progressive politics, said late last week in a social media post that she will announce her decision in early January, noting the decision was “not one I take lightly.” In the meantime, Lee has held numerous private meetings with city officials about the issues affecting Oakland, from the ongoing budget crisis to homelessness to policing, two sources with direct knowledge of those conversations told this news organization. The policy “deep dive,” as a source not authorized to speak publicly put it, might offer reassurance to skeptics who worry that the retiring legislator, who has represented Oakland, Alameda, Berkeley and San Leandro in Congress since 1998, would struggle to adapt to running a city full-time. But the larger consequence of Lee’s decision-making timeline is that the run-up to the April 15 special election to has largely stalled. Most candidates are holding off until Lee makes a move. Hours after the formal start on Monday of the candidate filing period, which lasts until Jan. 17, only two people had scheduled appointments to pull papers for the office — and , a pair of fringe prospects who are unlikely to make a dent in the race. Loren Taylor, the runner-up in the 2022 mayoral election, said Monday he plans to pull papers in the coming days, noting in an interview that his desire to help Oakland grow as a city won’t be affected by whom he’s running against. But others, such as former Councilmember Ignacio De La Fuente and lobbyist Isaac Kos-Read, have said they’re holding off. “To be candid, I’m getting a little restless — but out of respect I have to wait,” De La Fuente said Monday in an interview. “Hopefully, she’ll make a decision soon.” An by numerous Oakland leaders urging Lee to run included sign-offs from City Council members Nikki Fortunato Bas, Treva Reid and Dan Kalb, as well as prospective candidate Kos-Read. The letter included signatures from both labor leaders and local political figures who otherwise have often clashed on issues like crime and public spending. “We need someone who can bring the new ideas, policies, resources and opportunities that the people of Oakland deserve,” the letter read. “That person is Barbara Lee.” There are other examples of weighty political races symbolically put on hold amid “will they, won’t they” tension involving potential candidates, including late in 1998. But the upcoming special election in Oakland is unique in how strongly some local leaders seem to be thinking past the election entirely in their overtures to Lee, said political expert Dan Schnur. “These communities and business and labor leaders aren’t begging her to run because they think she’s the only one who can win,” Schnur said. “They think she’s the only one who can govern.” The clearest sign of how many in the city view Lee — who has often weighed in on local affairs to or or — might be a billboard that popped up in recent weeks along Interstate 880 in East Oakland. “Thank You, Barbara Lee,” it reads, “for bringing over half a billion dollars of federal funds into Oakland in 2024!” The billboard, hoisted near the highway’s High Street exit, also links to a website, thankyoubarbaralee.com, which lists some of Lee’s accomplishments and includes a sign-up form “to add your name to our letter of gratitude!” Both the physical and digital ads were created by the East Oakland Youth Development Center. Selena Wilson, the nonprofit’s CEO, said the gesture had nothing to do with the upcoming special election and was solely intended to honor the congresswoman for her longtime support of the center. Nationally, Lee is perhaps best known for being the only member of Congress to oppose the use of military force following the Sept. 11, 2001, terrorist attacks. Her entry into the race would bring a layer of gravitas to the top political office in Oakland, a city whose reputation took a hit after crime rose and the economy declined during the pandemic. But it may also bring back memories of the mayoral tenure of the late Rep. Ron Delllums, whose decorated legacy was hurt by the perception that he was an absentee leader during the Great Recession, or former Gov. Jerry Brown, whose time as mayor coincided with the infamous Riders police brutality scandal. Taylor, meanwhile, is steadfast about wanting to lead, an ambition that has not diminished in the two years by fewer than 700 ranked-choice votes. “I think the fact that the others are playing a game of political calculus,” he said, “is indicative of where their leadership commitment is and how confident they are in what they’re bringing to the table.”TaxBiz USA Announces Grand Opening of New Location in Gaithersburg, Maryland