Andhra Pradesh Chief Minister directs officials to be alert to the likely impact of Cyclone FengalFIIs likely to turn out consistent buyers in Indian markets soon
Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate
Carter served just one-term in the White House, but became one of the most active former presidents in US history. Among the maize, yam and peanut farms of Savelugu-Nanton, a remote district of northern Ghana, the legacy of Jimmy Carter is less complicated than it is back in the former US president’s homeland. Thanks to the work of his charity, The Carter Center, locals are nowadays spared the misery of Guinea worm disease – a parasite that breeds in the human belly and emerges through the skin before laying larvae in stagnant pools to await the next victim. Carter’s work in fighting the bug and tracking votes in poor countries won him a Nobel Prize for Peace in 2002. It followed a presidency that achieved a landmark Middle East peace deal, but was hamstrung by economic woes and the Iranian hostage crisis. He died on Sunday, aged 100, the Carter Center announced. He had entered hospice care in February 2023, electing to stay home after a series of short hospital stays. The former president had been diagnosed with cancer in 2015 but had responded well to treatment. At 100, he was the longest-lived president of the United States. During six decades of politics, aid work and diplomacy, Carter “was committed to ideals like human rights, peace, and improving human life”, Steven Hochman, research director at The Carter Center, told Al Jazeera. “He didn’t just want talk, he wanted action,” Hochman said. “Whether this was through monitoring elections in Latin America or witnessing the terrible suffering from Guinea worm disease in Asia and Africa, and working to eradicate it.” Southern peanuts Carter grew up on the red clay soil of rural Georgia during the Great Depression. He sold boiled peanuts on the streets of Plains, his hometown, and ploughed the land with his family. His father James “Earl” Carter, was a peanut farmer and warehouseman; his mother, Lillian, was a nurse. He married Rosalynn Smith, a family friend, in 1946. The couple celebrated their 76th wedding anniversary in July 2022, a year before the former first lady died in November 2023. After a seven-year US navy career, Carter returned to his home state of Georgia, where he garnered national attention as a Democrat state governor for his prudent management, winning a spot on the cover of Time magazine as a symbol of the “New South”. Running for the presidency, Carter styled himself as an outsider to Washington politics, which were stained by the Watergate scandal and the Vietnam War. His “Peanut Brigade”, a group of friends from Georgia, crisscrossed the US and trumpeted their candidate as a straight-talking man of principle. “Carter’s election in 1976 promised to redeem the nation from the sins of Vietnam and Watergate,” Randall Balmer, a historian and author, told Al Jazeera. “He aspired to restore faith in government, but betrayal during the Lyndon Johnson and Richard Nixon years had already given way to cynicism.” In the White House, Carter’s trademark candour did not always translate into political victories. Many of his progressive social and economic plans hit logjams in Congress; an inability to translate ideals into legislative reality sapped his popularity. The United States was mired in the stagflation woes of low economic growth, unemployment and high inflation, brought about by an energy crisis from the early 1970s. Carter’s solution, tackling US dependence on foreign oil via taxes and green energy , was quashed in the Senate. Better abroad Carter fared better overseas. He struck treaties that saw the Panama Canal brought under local control; established full diplomatic relations with China; and brokered a deal to limit nuclear weapons with Soviet leader Leonid Brezhnev. His masterwork was bringing Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin to his presidential retreat in Camp David, Maryland, in 1978, and hammering out a peace deal between the foes over 13 tense days. “He had credibility as a peace negotiator because he listened to both sides. He could think on his feet; and speak on his feet,” said Hochman. “He was a skilled negotiator who came up with ideas for overcoming conflict and tried them out. He took chances, even if that meant he might fail.” The Camp David Accords led to full diplomatic and economic relations between the neighbours, on condition that Israel return the Sinai Peninsula to Egypt. They did not solve the Palestinian issue, but they have spared the region a repeat of the multi-state Arab-Israeli wars of 1948 and 1967 . “When Carter was considering the summit, and even after he announced it, just about every foreign-policy guru, Henry Kissinger included, counselled against it,” Gerald Rafshoon, the White House communications director under Carter, told Al Jazeera. “The wise men warned that a head of state should never go into a negotiation without knowing the outcome in advance. Carter rejected that advice – and did more to further the security of Israel than any US president before or since.” Middle East tumult The Middle East offered Carter a diplomatic win, but it also brought his downfall. In 1979, Iranian students stormed the US embassy in Tehran and took 52 Americans hostage – sparking a 444-day crisis that did not end until Carter had been kicked out of the White House. Carter’s efforts to secure the release of captives via the government of Ayatollah Ruhollah Khomeini were a political liability that was spotlighted nightly on US television news. A botched US rescue mission in April 1980 epitomised Carter’s misfortunes. Later that year, Americans gave the Republican presidential candidate, Ronald Reagan, a former actor and governor of California, a landslide victory over Carter. Carter’s talk of a US “crisis of spirit” and national “malaise” may have been true, but it was no vote-winner. “People say they want honest leaders, but when you give that to them, they say that’s not what a leader’s supposed to do,” Gary Sick, a White House official under Carter and other presidents, told Al Jazeera. “They expect their leaders to be somewhat devious and make things sound better than they really are. “Jimmy Carter called a spade a spade, and people weren’t prepared for that honesty.” Despite losing office, Carter’s diplomatic skills remained in demand. He mediated in Nicaragua, Panama, and Ethiopia, helped broker a power handover in Haiti and tackled North Korea’s nuclear weapons scheme. He wrote several books, mostly on Middle East peace. He also retained the frankness that created political foes while president. He said the 2003 invasion of Iraq was “unjust”; and that the US was “in bed with the Israelis to the detriment” of Palestinians. An evangelical Christian, he also criticised abortion . In 2006 Carter published the book Palestine: Peace Not Apartheid. He defended the use of the word apartheid in a 2007 interview with the US broadcaster NPR, calling it “an accurate description of what has been going on in the West Bank”. He also said he hoped the book would make Americans aware of “the horrible oppression and persecution of the Palestinian people and it would precipitate for the first time any substantive debate on these issues”. More than a decade later, major human rights organisations, including Human Rights Watch and Amnesty International , would back his assessment, accusing Israel of imposing apartheid on Palestinians. Philanthropy: The Carter Center Founded in 1982 by the former president and his wife, The Carter Center has monitored 113 elections in 39 countries and tackled diseases such as river blindness, trachoma and malaria, often by bringing medics to less populated, less frequented areas. There were 3.5 million cases of Guinea worm disease in 21 African and Asian countries when Carter declared war on the metre-long parasites in 1986. Savelugu-Nanton district and the rest of Ghana was declared rid of the disease in 2015, and has virtually been wiped out elsewhere. Late into life, the former president continued to volunteer for the home-building organisation Habitat for Humanity, hosting an annual event that attracted thousands of volunteers in the US and abroad. Carter’s supporters say that history will judge his presidency more favourably than American voters did in 1980. Outside the White House, the legacy of the father of four and grandfather of 22 is assured. In his own words: “I can’t deny I’m a better ex-president than I was a president.”
WASHINGTON (AP) — Matt Gaetz withdrew Thursday as President-elect Donald Trump’s pick for attorney general amid continued fallout over a federal sex trafficking investigation that cast doubt on his ability to be confirmed as the nation's chief federal law enforcement officer. The announcement caps a turbulent eight-day period in which Trump sought to capitalize on his decisive election win to force Senate Republicans to accept provocative selections like Gaetz, who had been investigated by the Justice Department before being tapped last week to lead it. The decision could heighten scrutiny on other controversial Trump nominees, including Pentagon pick Pete Hegseth , who faces sexual assault allegations that he denies. “While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz, a Florida Republican who one day earlier met with senators in an effort to win their support, said in a statement. “There is no time to waste on a needlessly protracted Washington scuffle, thus I’ll be withdrawing my name from consideration to serve as Attorney General. Trump’s DOJ must be in place and ready on Day 1," he added. Trump, in a social media post, said: “I greatly appreciate the recent efforts of Matt Gaetz in seeking approval to be Attorney General. He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect. Matt has a wonderful future, and I look forward to watching all of the great things he will do!” He did not immediately announce a new selection. Last week, he named personal lawyers Todd Blanche, Emil Bove and D. John Sauer to senior roles in the department. Another possible contender, Matthew Whitaker, was announced Wednesday as the U.S. ambassador to NATO. The withdrawal, just a week after the pick was announced, averts what was shaping up to be a pitched confirmation fight that would have tested how far Senate Republicans were willing to go to support Trump’s Cabinet picks. The selection of the fierce Trump ally over well-regarded veteran lawyers whose names had circulated as possible contenders stirred concern for the Justice Department's independence at a time when Trump has openly threatened to seek retribution against political adversaries. It underscored the premium Trump places on personal loyalty and reflected the president-elect's desire to have a disruptor lead a Justice Department that for years investigated and ultimately indicted him. In the Senate, deeply skeptical lawmakers sought more information about Justice Department and congressional investigations into sex trafficking allegations involving underage girls, which Gaetz has denied. Meanwhile, Justice Department lawyers were taken aback by the pick of a partisan lawmaker with limited legal experience who has echoed Trump's claims of a weaponized criminal justice system. As Gaetz sought to lock down Senate support, concern over the sex trafficking allegations showed no signs of abating. In recent days, an attorney for two women said his clients told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017, when Gaetz was a Florida congressman. One of the women testified she saw Gaetz having sex with a 17-year-old at a party in Florida in 2017, according to the attorney, Joel Leppard. Leppard has said that his client testified she didn’t think Gaetz knew the girl was underage, stopped their relationship when he found out and did not resume it until after she turned 18. The age of consent in Florida is 18. "They’re grateful for the opportunity to move forward with their lives,” Leppard said Thursday of his clients. “They’re hoping that this brings final closure for all the parties involved.” Gaetz has vehemently denied any wrongdoing. The Justice Department’s investigation ended last year with no charges against him. Gaetz’s political future is uncertain. He had abruptly resigned his congressional seat upon being selected as attorney general, a move seen as a way to shut down the ethics investigation into sexual misconduct allegations. He did win reelection in November for the new Congress, which convenes Jan. 3, 2025, but he said in his resignation letter last week that he did not intend to take the oath of office. There are plans for a special election in Florida for his seat. Republicans on the House Ethics Committee declined this week to release the panel's findings, over objections from Democrats in a split vote. But the committee did agree to finish its work and is scheduled to meet again Dec. 5 to discuss the matter. As word of Gaetz's decision spread across the Capitol, Republican senators seemed divided. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, called it a “positive move." Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” Others said they had hoped Gaetz could have overhauled the department. Florida Sen. Rick Scott, a close ally of Trump, said he was “disappointed. I like Matt and I think he would have changed the way DOJ is run.” Kentucky Sen. Rand Paul said he hopes Trump will pick someone “equally as tenacious and equally as committed to rooting out and eliminating bias and politicization at the DOJ.” Gaetz is not the only Trump pick facing congressional scrutiny over past allegations. A detailed investigative police report made public Wednesday shows that a woman told police that she was sexually assaulted in 2017 by Hegseth, the former Fox News host now tapped to lead the Pentagon, after he took her phone, blocked the door to a California hotel room and refused to let her leave. “The matter was fully investigated and I was completely cleared,” Hegseth told reporters Thursday at the Capitol, where he was meeting with senators to build support for his nomination. Associated Press writers Michelle L. Price, Lisa Mascaro, Mary Clare Jalonick and Adriana Gomez Licon contributed to this report. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- McKinsey & Company has been named a Leader in the IDC MarketScape: Worldwide Retail Media Network Service Providers 2024 Vendor Assessment (doc # US52574122, September 2024). McKinsey was recognized as a Leader among 13 service providers that develop, build, deliver, and support the creation and monetization of Retail Media Networks (RMN). According to the IDC MarketScape, "Almost 32% of respondents identified a key constraint for building an RMN as staff/consultant expertise and knowledge about RMNs and implementation. It is for this reason that service providers are critical to retailers looking to bolster their retail businesses with RMN monetization.” After a thorough evaluation of McKinsey's strategic value, commercial and technical capabilities, and track-record of delivery, the IDC MarketScape concluded that: "McKinsey is well known for its strategic applications in the retail media market. The company's recent initiatives leverage a blueprint, build, and accelerate model that allows McKinsey to leverage expertise in the space across multiple client configurations. The Firm brings an enormous amount of talent in both retail and online media, and the intersection of these domains allows McKinsey to engage with prominent retailers in architecting and building their RMNs. McKinsey's focus on strategy, business case development, ad product and pricing, tech and data enablement, and sales and go-to-market strategy sets the stage for building RMNs worldwide.” Key strengths of McKinsey's that were highlighted in the report, include : "We are thrilled to be named a Leader by IDC MarketScape for the Worldwide Retail Media Network Service Providers 2024 Vendor Assessment. With the retail market slated to grow rapidly, spending in retail and commerce media will be bigger than for all global television and streaming advertising. We believe this recognition reinforces our commitment to helping our clients reimagine new formats using customer data, and to effectively build, scale and operationalize RMNs, leveraging our expertise, deep bench of talent, and extensive partner ecosystem.” To access the excerpt, click here . About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. About the McKinsey Growth, Marketing & Sales practice The mission of the McKinsey Growth, Marketing & Sales practice is to help leaders of both consumer and business-to-business organizations drive sustainable and inclusive growth through meaningful transformations and marketing-driven profit. The practice helps its clients to set their strategic direction, develop their marketing and sales capabilities, and connect their organization to realize the full potential of today's omnichannel opportunities. Clients benefit from McKinsey's experience in core areas of marketing such as branding, customer insights, marketing ROI, digital marketing, CLM pricing, and sales and channel management. For more information, please contact: US media contact: Alyssa Kehoe, Digennaro Communications, [email protected] , +1 917 518 8422 UK media contact: Ruth Jones/Becca Ross, 3THINKRS, [email protected] , +44 0208 0872843US-Google face off as ad tech antitrust trial comes to close
Fiscal Third Quarter Total Revenues of $2.160 Billion , Up 15.8% Year Over Year Subscription Revenues of $1.959 Billion , Up 15.8% Year Over Year PLEASANTON, Calif. , Nov. 26, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money , today announced results for the fiscal 2025 third quarter ended October 31, 2024. Fiscal 2025 Third Quarter Results 1 See the section titled "About Non-GAAP Financial Measures" in the accompanying financial tables for further details. Comments on the News "Workday's solid performance in Q3 reflects the trust our customers place in us across industries, the global momentum around our AI-driven innovations, and the strength of our partner ecosystem," said Carl Eschenbach , CEO, Workday. "Organizations are increasingly consolidating on the Workday platform to reduce total cost of ownership, simplify their operations, and to unlock the power of our best-in-class AI solutions. Workday gives them the ultimate advantage – and that positions our business for long-term success." "In Q3, we once again made good progress across a number of our key growth areas," said Zane Rowe , CFO, Workday. "Looking ahead, we expect fiscal 2025 subscription revenue of $7.703 billion , growth of 17%, and fiscal 2025 non-GAAP operating margin of 25.5%. We are focused on executing in our seasonally strongest quarter, as we lay the foundation for durable, profitable growth at scale." Recent Highlights 1 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, Ranadip Chandra, Sam Grinter, Ron Hanscome, Chris Pang, Anand Chouksey, Josie Xing, Harsh Kundulli, David Bobo, Laura Gardiner, Hiten Sheth, Emi Chiba, Travis Wickesberg, and Michelle Shapiro, 23 October 2024. 2 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises, Robert Anderson, Denis Torii, Sam Grinter, Naveen Mahendra, Tomas Kienast, Johan Jartelius, 4 November 2024. 3 Gartner Magic Quadrant for Financial Planning Software, Regina Crowder, Vaughan Archer, Matthew Mowrey, Michelle Carlsen, 18 November 2024. Financial Outlook Workday is providing guidance for the fiscal 2025 fourth quarter ending January 31, 2025 as follows: Workday is updating its guidance for the fiscal 2025 full year ending January 31, 2025 as follows: 1 The Company has not provided a reconciliation of its forward outlook for non-GAAP operating margin with its forward-looking GAAP operating margin in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable to predict with reasonable certainty the amount and timing of adjustments that are used to calculate this non-GAAP financial measure, particularly related to stock-based compensation and its related tax effects, acquisition- related costs, and realignment costs. Earnings Call Details Workday plans to host a conference call today to review its fiscal 2025 third quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 1:30 p.m. PT / 4:30 p.m. ET and can be accessed via webcast . The webcast will be available live, and a replay will be available following completion of the live broadcast for approximately 90 days. Workday uses the Workday Blog as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. About Workday Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money . The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com . © 2024 Workday, Inc. All rights reserved. Evisort, Workday, and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. Forward-Looking Statements This press release contains forward-looking statements including, among other things, statements regarding Workday's fourth quarter and full-year fiscal 2025 subscription revenue and non-GAAP operating margin, growth, momentum, and innovation. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to: (i) breaches in our security measures or those of our third-party providers, unauthorized access to our customers' or other users' personal data, or disruptions in our data center or computing infrastructure operations; (ii) service outages, delays in the deployment of our applications, and the failure of our applications to perform properly; (iii) privacy concerns and evolving domestic or foreign laws and regulations; (iv) the impact of continuing global economic and geopolitical volatility on our business, as well as on our customers, prospects, partners, and service providers; (v) any loss of key employees or the inability to attract, train, and retain highly skilled employees; (vi) competitive factors, including pricing pressures, industry consolidation, entry of new competitors and new applications, advancements in technology, and marketing initiatives by our competitors; (vii) our reliance on our network of partners to drive additional growth of our revenues; (viii) the regulatory, economic, and political risks associated with our domestic and international operations; (ix) adoption of our applications and services by customers and individuals, including any new features, enhancements, and modifications, as well as our customers' and users' satisfaction with the deployment, training, and support services they receive; (x) the regulatory risks related to new and evolving technologies such as AI and our ability to realize a return on our development efforts; (xi) our ability to realize the expected business or financial benefits of any acquisitions of or investments in companies; (xii) delays or reductions in information technology spending; and (xiii) changes in sales, which may not be immediately reflected in our results due to our subscription model. Further information on these and additional risks that could affect Workday's results is included in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. Workday, Inc. Condensed Consolidated Balance Sheets (in millions) (unaudited) October 31, 2024 January 31, 2024 Assets Current assets: Cash and cash equivalents $ 1,311 $ 2,012 Marketable securities 5,846 5,801 Trade and other receivables, net 1,404 1,639 Deferred costs 244 232 Prepaid expenses and other current assets 273 255 Total current assets 9,078 9,939 Property and equipment, net 1,263 1,234 Operating lease right-of-use assets 335 289 Deferred costs, noncurrent 490 509 Acquisition-related intangible assets, net 383 233 Deferred tax assets 1,031 1,065 Goodwill 3,479 2,846 Other assets 365 337 Total assets $ 16,424 $ 16,452 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 74 $ 78 Accrued expenses and other current liabilities 323 287 Accrued compensation 476 544 Unearned revenue 3,447 4,057 Operating lease liabilities 102 89 Total current liabilities 4,422 5,055 Debt, noncurrent 2,983 2,980 Unearned revenue, noncurrent 64 70 Operating lease liabilities, noncurrent 278 227 Other liabilities 53 38 Total liabilities 7,800 8,370 Stockholders' equity: Common stock 0 0 Additional paid-in capital 11,115 10,400 Treasury stock (1,208) (608) Accumulated other comprehensive income (loss) 16 21 Accumulated deficit (1,299) (1,731) Total stockholders' equity 8,624 8,082 Total liabilities and stockholders' equity $ 16,424 $ 16,452 Workday, Inc. Condensed Consolidated Statements of Operations (in millions, except number of shares which are reflected in thousands and per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Subscription services $ 1,959 $ 1,691 $ 5,678 $ 4,843 Professional services 201 175 557 494 Total revenues 2,160 1,866 6,235 5,337 Costs and expenses (1) : Costs of subscription services 329 264 924 759 Costs of professional services 201 181 606 552 Product development 647 619 1,952 1,829 Sales and marketing 620 538 1,804 1,581 General and administrative 198 176 609 512 Total costs and expenses 1,995 1,778 5,895 5,233 Operating income (loss) 165 88 340 104 Other income (expense), net 62 41 178 114 Income (loss) before provision for (benefit from) income taxes 227 129 518 218 Provision for (benefit from) income taxes 34 15 86 25 Net income (loss) $ 193 $ 114 $ 432 $ 193 Net income (loss) per share, basic $ 0.73 $ 0.43 $ 1.63 $ 0.74 Net income (loss) per share, diluted $ 0.72 $ 0.43 $ 1.61 $ 0.73 Weighted-average shares used to compute net income (loss) per share, basic 265,411 262,153 265,062 260,747 Weighted-average shares used to compute net income (loss) per share, diluted 268,549 266,377 268,936 264,087 (1) Costs and expenses include share-based compensation expenses as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Costs of subscription services $ 35 $ 30 $ 108 $ 90 Costs of professional services 28 29 86 87 Product development 162 162 498 494 Sales and marketing 78 65 226 212 General and administrative 65 63 204 188 Total share-based compensation expenses $ 368 $ 349 $ 1,122 $ 1,071 Workday, Inc. Condensed Consolidated Statements of Cash Flows (in millions) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cash flows from operating activities: Net income (loss) $ 193 $ 114 $ 432 $ 193 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Israel destroys Hezbollah tunnel, met with calls for popular resistanceIf you’ve been considering stepping into the world of premium smartphones but feel daunted by the plethora of options available, the OnePlus 12 could be your ultimate solution. Launched early this year, this flagship device boasts advanced technology and it’s available at an incredible price this Black Friday. With a great 30% discount on Amazon, it drops to $643 down from its original price of $899—a savings of nearly $250 . This makes it even more affordable than its 256GB model! See at Amazon The OnePlus 12 competes fiercely with top-tier models like the iPhone 16 and Galaxy S24 , and it’s a serious contender in the high-end smartphone market. At the heart of this device lies the powerful Snapdragon 8 Gen 3 processor by Qualcomm which ensures lightning-fast performance whether you’re gaming, streaming or multitasking on your phone. The OnePlus 12 features a fabulous 6.82-inch AMOLED display that delivers stunning colors and sharp details. With a 120Hz refresh rate, scrolling through content feels incredibly smooth and fluid. This display also supports HDR10+ for an immersive viewing experience in bright sunlight or dimly lit environments. The design is sleek and modern, available in elegant colors such as Silky Black and Flowy Emerald (out of stock). Hasselblad Photography enthusiasts will appreciate the advanced camera system on the OnePlus 12. It features a triple-lens setup developed in collaboration with Hasselblad which is very famous for its high-quality imaging technology. The main camera boasts a 50MP sensor and is complemented by a 64MP telephoto lens and a 48MP ultra-wide lens. Additionally, the front-facing 32MP camera ensures that selfies are equally impressive. With a robust 5400 mAh battery, you’ll enjoy extended usage without frequent recharging. When it’s time to power up, the device supports rapid charging at 80W which allows you to go from zero to full charge in just about half an hour. For those who prefer wireless charging, it also supports 50W wireless charging Running on Android 14, the OnePlus 12 uses OxygenOS widely regarded as one of the best Android skins available today . This interface provides a clean and bloatware-free experience that improves usability while offering customization options to tailor your smartphone to your liking. The combination of powerful hardware and intuitive software makes navigating through apps and settings effortless, you will love it. One last thing: You can return all items purchased on Amazon until January 31, 2025, instead of the usual 30-day window. This is really convenient for holiday gifts! Make sure you grab your OnePlus 12 before it runs out of stock. See at Amazon
Billionaire Warren Buffett is keeping up with his Thanksgiving tradition of philanthropy, announcing on Monday that he's gifting over $1.1 billion in Berkshire Hathaway stock to his family's foundations. Alongside this generous move, Buffett revealed who will continue his legacy of giving after he passes away. Previously, Buffett had stated that his three children would be responsible for distributing his vast $147.4 billion fortune within a decade of his death. However, he's now appointed successors for them, acknowledging the possibility that his children might not outlive the task, reports the Associated Press. Princess Diana told Warren Buffett about crush on US president before she died Warren Buffett warns of AI, likening to nuclear bomb and it may help scammers While he kept the identities of these successors under wraps, he assured that his children are familiar with them and have confidence in their suitability for the role. In a candid letter to shareholders, the 94-year-old Buffett reflected on mortality with his characteristic wit: "Father time always wins. But he can be fickle indeed unfair and even cruel sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit." Buffet addressed his age and his children's ages in his letter: "To date, I've been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66." Buffett expressed his disinterest in creating dynastic wealth within his family, a sentiment echoed by both his first and current wives. He admitted to giving millions to his children Howard, Peter, and Susie over the years, but maintains his belief that "hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing." DON'T MISS: Warren Buffett refuses to back Kamala Harris after previous support for Dems Charlie Munger's best tips as tributes pour in for Berkshire Hathaway legend British Royal Family dwarfed by the world's richest Royal Family The key to amassing such significant wealth over time has been the power of compounding interest and the consistent growth of the Berkshire conglomerate led by Buffett through acquisitions and intelligent investments like purchasing billions of dollars worth of Apple shares as iPhone sales continued to fuel growth in the company. Buffett never sold any of his Berkshire stock over the years and also shunned the trappings of wealth, opting instead to continue living in the same Omaha home he'd purchased decades ago and drive sensible luxury sedans about 20 blocks to work each day. "As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had," he stated. If Warren Buffett and his first wife had never donated any of their Berkshire shares, their family's fortune would be worth nearly $364 billion - easily making him the world's richest man. However, Buffett expressed no regrets about his philanthropy over the years. The family's charitable efforts began in earnest with the distribution of Susan Buffett's $3 billion estate after her death in 2004. It escalated when Warren Buffett announced plans in 2006 to make annual donations to the foundations run by his children, the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Buffett consistently makes his main annual donations to all five foundations every summer, but for several years now, he has been giving additional Berkshire shares to his family's foundations at Thanksgiving. Buffett reiterated on Monday his advice to every parent to allow their families to read their will while they are still alive - like he has done - to ensure they have a chance to explain their decisions about how to distribute their belongings and answer their children's questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, "saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry."
Trump picks Pam Bondi for next attorney general
Aden Holloway established career highs of 26 points and eight 3-pointers to help No. 5 Alabama roll to a 105-82 nonconference victory over South Dakota State on Sunday at Tuscaloosa, Ala. Freshman Labaron Philon had the best game of his young career with 21 points and six assists for the Crimson Tide (11-2). Mark Sears had 20 points, including 6-for-14 3-point shooting. Grant Nelson added 17 points and eight rebounds and scored the game's first eight points. Alabama coach Nate Oats has sometimes been critical of his squad's defensive effort and the second half against the Jackrabbits will provide more fuel for that concern. Alabama did connect on a season-best 19 3-point shots but also attempted 55 long-range shots (34.5 percent). The Tide also saw South Dakota State put up 49 points in the second half to keep the score relatively competitive. Alabama claimed a fifth straight win with its third 100-plus point performance of the season. South Dakota State (9-6) was led by Washington State transfer Oscar Cluff, who had 21 points and 15 rebounds, including seven offensive boards. The Jackrabbits connected on 11-for-26 3-point shooting (42.3 percent), with guard Isaac Lindsey scoring 11 points, including 3-for-6 on 3-point tries. After Nelson's personal 8-0 run to open the game, South Dakota State pulled with 16-14 on a shot by William Whorton with 11:45 to play in the opening half. But Alabama then broke the game open, going on a 24-3 run culminating in a Holloway 3-pointer to give the Tide a 40-17 edge with 7:37 left in the opening half. South Dakota State trailed 57-33 at halftime, but played a much more competitive second half offensively by connecting on 17 of 33 shots (51.5 percent). Alabama will open 2025 with a home game against No. 12 Oklahoma on Saturday. South Dakota State will host Summit Conference opponent Denver on Thursday. --Field Level MediaNAHCON inaugurates committees for 2025 Hajj operations
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Dementia - Alzheimer Disease Market: A Comprehensive Analysis 2030CRA International, Inc. ( NASDAQ:CRAI – Get Free Report ) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 60,600 shares, a growth of 27.8% from the November 30th total of 47,400 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is presently 1.6 days. Currently, 0.9% of the company’s stock are sold short. Wall Street Analysts Forecast Growth A number of research firms recently weighed in on CRAI. StockNews.com lowered shares of CRA International from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Barrington Research increased their price objective on CRA International from $194.00 to $212.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Check Out Our Latest Stock Analysis on CRA International Insider Buying and Selling at CRA International Institutional Inflows and Outflows Hedge funds and other institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP bought a new stake in shares of CRA International during the 3rd quarter worth $164,000. Marshall Wace LLP purchased a new stake in CRA International during the second quarter worth about $221,000. Harbor Capital Advisors Inc. raised its position in CRA International by 2.9% in the third quarter. Harbor Capital Advisors Inc. now owns 3,095 shares of the business services provider’s stock worth $543,000 after acquiring an additional 86 shares during the period. SG Americas Securities LLC purchased a new position in CRA International in the third quarter valued at about $573,000. Finally, Farther Finance Advisors LLC grew its position in shares of CRA International by 13.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,280 shares of the business services provider’s stock valued at $549,000 after acquiring an additional 393 shares during the period. Hedge funds and other institutional investors own 84.13% of the company’s stock. CRA International Price Performance CRAI opened at $186.84 on Friday. The firm’s fifty day moving average price is $191.86 and its two-hundred day moving average price is $177.93. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 30.23, a P/E/G ratio of 1.64 and a beta of 1.13. CRA International has a 1 year low of $97.31 and a 1 year high of $210.70. CRA International ( NASDAQ:CRAI – Get Free Report ) last released its quarterly earnings results on Thursday, October 31st. The business services provider reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.19. CRA International had a net margin of 6.41% and a return on equity of 24.46%. The business had revenue of $167.75 million for the quarter, compared to analysts’ expectations of $166.83 million. During the same period in the previous year, the company earned $1.13 earnings per share. As a group, equities analysts anticipate that CRA International will post 7.15 EPS for the current year. CRA International Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Tuesday, November 26th were given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.05%. This is an increase from CRA International’s previous quarterly dividend of $0.42. The ex-dividend date was Tuesday, November 26th. CRA International’s dividend payout ratio (DPR) is presently 31.72%. CRA International Company Profile ( Get Free Report ) CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues. Featured Articles Receive News & Ratings for CRA International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRA International and related companies with MarketBeat.com's FREE daily email newsletter .