YOUNGSTOWN, Ohio (AP) — EJ Farmer scored 16 points as Youngstown State beat Detroit Mercy 73-64 on Sunday for their seventh victory in a row. Farmer had three steals for the Penguins (9-5, 4-0 Horizon League). Gabe Dynes scored 12 points while going 4 of 5 and 4 of 6 from the free-throw line and added five rebounds and four blocks. Nico Galette had 10 points. Orlando Lovejoy led the Titans (5-10, 1-3) with 23 points and three steals. Legend Geeter and TJ Nadeau both scored eight. The Associated Press created this story using technology provided by and data from .Market Tensions: High Yields Challenge Global Equities
Athena Technology Acquisition Corp. II Receives Commencement of Delisting Notice from NYSE American
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains. The Dow Jones Industrial Average slipped 0.2%. The Nasdaq composite edged up 0.1%. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. RH, formerly known as Restoration Hardware, surged after raising its revenue forecast. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks slipped in afternoon trading Friday as Wall Street closes out a rare bumpy week. The S&P 500 was up by less than 0.1% and is on track for a loss for the week after three straight weekly gains. The Dow Jones Industrial Average fell 58 points, or 0.1% to 43,856 as of 3 p.m. Eastern time. The Nasdaq rose 0.1% and is hovering around its record. Broadcom surged 24.9% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Even so, some big tech stocks were in the red Friday. Nvidia slid 2.6%, Meta Platforms dropped 1.7% and Netflix was down 0.7%. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 14.2% after raising its forecast for revenue growth for the year. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower. Damian J. Troise And Alex Veiga, The Associated Press
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Mexico Equity and Income Fund, Inc. MXE (the "Fund") today announced that the Fund's Board of Directors has declared a year-end cash dividend of $0.2981 per share on its common stock consisting entirely of ordinary income payable on December 31, 2024 to stockholders of record on December 23, 2024. CONTACT: U.S. Bancorp Fund Services, LLC – Noah Davis (414) 516-1696 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Cross-country deal: Lakers trade D’Angelo Russell back to Nets, get Finney-Smith, MiltonA major fire broke out on Dindoshi Hills, opposite Infinity IT Park in Goregaon East on Sunday at 12.14 am. The blaze had spread to around 1.5 km area of the hill and was confined to the herbs, shrubs and trees. Although the fire was extinguished at midnight itself and no injuries were reported, the environmentalists are up in arms after the incident. The land where the fire erupted falls under the eco-sensitive zone and is adjacent to Sanjay Gandhi National Park (SGNP). Director of NGO Vanshakti, Stalin D alleged that the fire at Dindoshi Hills was not an accident or natural but was deliberately ignited to kill the vegetation near SGNP to allow the land for commercial use in the near future. The section of the land that caught fire is private land with a wall dividing it from the forest land of SGNP. Stalin on Sunday wrote to the Maharashtra Forest Department, Ministry of Environment and Forest, Mumbai suburban collector and other authorities seeking an investigation into the Dindoshi fire incident. @MahaForest @mybmc @mpcb_official @moefcc massive fire seen on Dindoshi hills . This doesn't seem to be natural or accidental. This is being done to kill the vegetation on the hills. Fire will spread to notified areas of SGNP( national park). Arrest the criminals who did this. pic.twitter.com/Rwgn3d8yjs @mybmc @MumbaiPoIice Have the Dindoshi hills been set set on fire or is it pure accident? The hills lie between Sanjay Gandhi National Park & Aarey Colony. These are the city’s green lungs. Are those in authority unaffected by the smog engulfing the city? pic.twitter.com/6pukZqLsPM Alleging that the blaze was set manually by the private developers, Stalin in his email to the authorities wrote, “The last fire at Dindoshi Hill was reported in October 2022 and we had complained about the same. Just as the forests had begun reviving, yesterday night a massive fire was set off by the persons who are in the possession of the land. M/s Ferrani Hotels, M/s DB Reality and the Nusli Wadia Trust are the entities that are responsible for complying with the inherent responsibility to protect the hill range from degradation.” Stalin said that the environmental violations on the land are well documented in the joint committee report submitted to the National Green Tribunal. He stressed that there have been incidents of tree felling and fires in the past, and FIRs have been registered against unknown persons. Speaking over the issue, an officer from the Mumbai Fire Brigade who was on the site said, “The fire had confined to the shrubs in multiple sections. It is possible that due to wind the blaze was confined to the shrubs at a distance, but the possibility of the fire ignited manually cannot be denied. As per the preliminary investigation, no person was seen on the site before the incident, however, a detailed investigation will reveal the exact cause of the fire.” The officer added that as the fire engines could not reach the spot due to uneven hilly patches, the fire was extinguished manually by beating. Demanding a detailed investigation into the incident, Stalin said, “We urge officials to undertake a detailed site inspection with environmental experts and fire investigators to ascertain the factors that have resulted in yet another fire at Dindoshi Hill.” Box- A minor fire broke out at Heera Panna Shopping Centre in Haji Ali on Sunday. The blaze had engulfed two closed shops and smoke was logged in the ground-floored shopping centre. “The fire erupted around 9.09 am and four fire engines, three jumbo tankers and an ambulance were rushed to the spot. The fire was confined to electric wirings, electric installations, clothes, wooden furniture, glass cabinets, documents, shoes, stock of perfumes, mobiles, etc. in shops no. 11 & 12 on the ground floor,” the statement by BMC said. The fire was doused at 12.52 pm and no injuries were reported. The cause of the fire is yet to be ascertained.
Vipers vs BUL: Hosts seek to avenge last season double lossesThe Death Of A Legend: How Jimmy Carter Influenced The Auto IndustryA 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Read this article for free: Already have an account? To continue reading, please subscribe: * A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Read unlimited articles for free today: Already have an account? A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence “dictatorship” is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world’s richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk’s filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI’s CEO. Musk also wanted the job, according to emails revealed as part of the court case, but grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence, or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI,” said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don’t want to control the final AGI, but during this negotiation, you’ve shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman’s desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk’s early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI’s board in early 2018. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Musk didn’t immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives. Advertisement Advertisement
Scholars: Black Managers, Workers Say They're Not Getting Compensated or Acknowledged For JobsHerro leads Heat over Rockets in game marred by fight and ejections in final minute
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Contrast of styles as Arizona, TCU square off in Big 12 openerMiddle East latest: Israeli strikes in Gaza kill more than 50 people, including kidsVikings' passing attack is as potent as ever with Addison's surge as Bears prepare for a rematch
Jimmy Carter, whose presidency was marked by a complicated relationship with Congress, dies at age 100WHITE SULPHUR SPRINGS, W.Va. (AP) — Jaland Lowe scored 19 of his career-high 22 points in the second half and collected eight rebounds and six assists in leading Pittsburgh to a 74-63 win over LSU at the Greenbrier Tip-Off on Friday. Pitt (6-0) will play the Wisconsin-UCF winner on Sunday for the tournament title. The Tigers (4-1) will take on the loser. This is Pitt's best start since 2018-19. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
NEW YORK--(BUSINESS WIRE)--Dec 13, 2024-- Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.825 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on January 10, 2025 to shareholders of record at the close of business on December 27, 2024. ABOUT RALPH LAUREN Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear & accessories, home, fragrances and hospitality. For more than 50 years, Ralph Lauren has sought to inspire the dream of a better life through authenticity and timeless style. Its reputation and distinctive image have been developed across a wide range of products, brands, distribution channels, and international markets. The Company’s brand names – which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, and Chaps, among others – constitute one of the world’s most widely recognized families of consumer brands. For more information, go to https://investor.ralphlauren.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241212421658/en/ CONTACT: Ralph Lauren Investor Relations: Corinna Van der Ghinst ir@ralphlauren.com or Corporate Communications: rl-press@ralphlauren.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: MEN ONLINE RETAIL LUXURY DEPARTMENT STORES SPECIALTY CONSUMER FASHION TEENS RETAIL CHILDREN WOMEN FOOTWEAR HOME GOODS SOURCE: Ralph Lauren Corporation Copyright Business Wire 2024. PUB: 12/13/2024 04:01 PM/DISC: 12/13/2024 04:00 PM http://www.businesswire.com/news/home/20241212421658/enWHITE SULPHUR SPRINGS, W.Va. (AP) — Jaland Lowe scored 19 of his career-high 22 points in the second half and collected eight rebounds and six assists in leading Pittsburgh to a 74-63 win over LSU at the Greenbrier Tip-Off on Friday. Pitt (6-0) will play the Wisconsin-UCF winner on Sunday for the tournament title. The Tigers (4-1) will take on the loser. This is Pitt's best start since 2018-19. Lowe made four 3-pointers while Ishmael Leggett added 21 points, six rebounds and five steals. Cameron Corhen scored 14 points and Zack Austin 10. The Panthers shot 64% in the second half after a 31% showing in the first. Jalen Reed had 14 points and seven rebounds, Vyctorius Miller came off the bench to score 14 points and Cam Carter added 11 for the Tigers, who shot 37%. LSU, which had trailed by as many as 12 in the second half, got within four on a four-point play by Miller with six minutes left but Lowe scored eight points, found Corhen for a pair of dunks and Leggett added seven points to help the Panthers pull away. Pitt stumbled at the end of the first half in surrendering the lead but came out in the second hot, hitting its first five shots and scoring the first 13 points. The Tigers missed their first 12 shots before finally getting a bucket and their first points from Carter nearly seven minutes into the second half. LSU had its only lead after Lowe was called for a technical foul with 4.9 seconds remaining in the first half and Carter hit a free throw to finish an 8-2 run to send the Tigers into the break ahead 28-27. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
South Carolina looks to steady ship against South Carolina Upstate
Implements INDATA SaaS on a Front-to-Back Office Basis delivered via iPM Private Cloud GREENWICH, Conn. , Dec. 12, 2024 /PRNewswire/ -- INDATA , a leading industry provider of cloud-native, SaaS-based solutions for buyside firms, today announced that Paradigm Capital Management (PCM) is live with INDATA's Software-as-a-Service for Front, Middle and Back Office . With a three-decade history of small-cap investing, Paradigm Capital Management, based in Albany, NY employs a disciplined, bottom-up approach with an emphasis on fundamental analysis and extensive management contact. Paradigm manages $1.8 billion in AUM and offers a range of products including institutional separately managed accounts, proprietary mutual funds, and private wealth via hedge funds and LP's. Paradigm is using the INDATA system for a range of functions including trade order management (OMS), Portfolio Accounting , Performance and Reporting, including managed services for streamlined reconciliation. "We are very pleased to have Paradigm Capital Management as a client. We look forward to partnering with Paradigm on their ongoing needs," commented David Csiki , President of INDATA. About INDATA ® INDATA is a leading specialized provider of SaaS (Software-as-a-Service), technology and managed outsourcing services for buyside firms, including trade order management (OMS), portfolio management, compliance, portfolio accounting and front-to-back office. INDATA iPM Portfolio Architect AITM is the industry's first portfolio construction, modeling, rebalancing and reporting tool based on AI, and Machine Learning. INDATA's iPM – Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real-time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors, wealth managers, and hedge funds. The company's mission is to provide clients with cutting edge technology products and services to increase trading and operational efficiency while reducing risk and administrative overhead. INDATA provides software and services to a variety of buyside clients including asset managers, registered investment advisors, banks and wealth management firms, pension funds and hedge funds. Assets under management range from under $1 billion to more than $100 billion across a variety of asset classes globally. For more information, visit www.indataipm.com Media Contact: David Csiki , dave@indataipm.com View original content: https://www.prnewswire.com/news-releases/paradigm-capital-management-live-with-indata-302330839.html SOURCE INDATABy Paul Vieira OTTAWA--Canada's federal and regional political leaders must present a united front in fighting a proposed 25% tariff on the nation's exports to the U.S. that President-elect Donald Trump wants to impose, Finance Minister Chrystia Freeland said Friday. Freeland reiterated at a Toronto press conference that Canada is prepared to impose its own retaliatory trade measures against the U.S. should Trump fulfill his pledge. However, disagreements among the premiers, or governors, of Canada's provinces are already emerging about applying economic pressure on its biggest, most important trading partner. "For a Canadian response to be strong and effective, Canada needs to be united," Freeland said. "The ultimate response we come up with needs to be one that all of our country stands behind." Ontario Premier Doug Ford, the leader of Canada's most populous province, has mused about shutting down electricity exports to the U.S. Northeast in the event the 25% tariff kicks in. The leader of the oil-rich province of Alberta, Danielle Smith, said she doesn't agree with that approach. Crude oil is one of the biggest U.S.-bound Canadian exports. Smith and another western Canadian premier, Scott Moe of Saskatchewan, fiercely rejected the idea of an export tax on key commodities that Canada sells to the U.S., such as energy, potash and uranium. This is under consideration among Canadian officials but no final decision has been made, according to a person familiar with the discussions. Smith said that an export tax "would be a terrible idea." Moe, whose province is also rich in natural resources, said Prime Minister Justin Trudeau hadn't broached the concept of an export tax on commodities in the Canadian leader's talks with the provinces. "If they are under consideration, that would be a complete betrayal by the Trudeau government of the team approach they have been advocating and a complete betrayal of Canadians," Moe said in a social-media post. Under Canada's system of federalism, the provinces have responsibility for energy and natural resources within their own borders. That makes provincial leaders protective of attempts by the federal government to control production. Late last month Trump, in a post on the Truth Social platform, said his pledge to slap hefty tariffs on his North American partners stems from an inability by Canada and Mexico to stem the flow of migrants and illegal drugs into the U.S. A 25% tariff risks triggering a recession in Canada, economists warn. Bank of Canada Gov. Tiff Macklem said a tariff at that level represents a major uncertainty for the economy, and risks weighing on investment activity. Freeland said she spoke to some western Canadian officials Friday morning, and is optimistic the federal and provincial governments will converge on a united strategy. "We have to be candid about the reality of the incoming U.S. administration," Freeland said. "This is an administration which openly has a strategy of creating economic uncertainty outside the United States as a strategy to discourage investment anywhere other than the United States." Write to Paul Vieira at paul.vieira@wsj.com