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Court hears legal arguments in sex assault case of five hockey players LONDON, Ont. — Lawyers in the sexual assault case of five members of Canada's 2018 world junior hockey team began what are expected to be several weeks of legal arguments on Monday, ahead of next year's trial. Canadian Press Nov 25, 2024 1:57 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Ottawa Senators' Alex Formenton during an NHL hockey game in Philadelphia, Friday, April 29, 2022; New Jersey Devils defenceman Cal Foote before an NHL hockey game in Newark, N.J., Friday, Oct. 27, 2023; New Jersey Devils' Michael McLeod during an NHL hockey game in Philadelphia, Thursday, Nov. 30, 2023; Calgary Flames centre Dillon Dube during an NHL hockey game in Detroit, Sunday, Oct. 22, 2023 and Philadelphia Flyers goaltender Carter Hart during an NHL hockey game in Uniondale, N.Y., Saturday, April 3, 2021. A London, Ont., judge is set to hear legal arguments today in the sexual assault case of five members of Canada's 2018 world junior hockey team. THE CANADIAN PRESS/AP-Matt Slocum, Noah K. Murray, Matt Slocum, Paul Sancya, Corey Sipkin LONDON, Ont. — Lawyers in the sexual assault case of five members of Canada's 2018 world junior hockey team began what are expected to be several weeks of legal arguments on Monday, ahead of next year's trial. Dillon Dube, Carter Hart, Michael McLeod, Cal Foote and Alex Formenton were charged with sexual assault earlier this year in an incident that allegedly took place in London, Ont., in June 2018. McLeod also faces an additional charge of sexual assault for "being a party to the offence." Dube, McLeod and Formenton attended court in person for the first time in London on Monday, all three dressed in dark suits. Lawyers for the players have said their clients plan to defend themselves against the allegations, and all five are expected to plead not guilty. A jury trial is scheduled to begin on April 22 of next year. Court heard Monday the trial will be heard by Justice Maria Carroccia. Several weeks have been set aside for legal arguments before then, but the issues discussed in those hearings cannot be reported at this time due to a publication ban meant to protect the accused's right to a fair trial. This report by The Canadian Press was first published Nov. 25, 2024. The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Sports Rock On! Top-flight curling returns to St. John's for first time since 2017 Brier Nov 25, 2024 1:14 PM Utah NHL team walks to arena after bus gets stuck in Toronto traffic Nov 25, 2024 12:47 PM US goalkeeper Alyssa Naeher is retiring from international soccer Nov 25, 2024 12:36 PM Featured FlyerATLANTA — On Jan. 18 and 19 the AT&T Playoff Playlist Live! will be held at State Farm Arena in advance of the College Football Playoff national championship on Jan. 20. The star-studded lineup was announced Thursday at a news conference at Mercedes-Benz Stadium. Performances will include Lil Wayne and GloRilla on Saturday; and Camila Cabello, Myles Smith and Knox on Sunday. On game day, the Allstate Championship Tailgate, taking place just outside Mercedes-Benz Stadium in the Home Depot Backyard, will feature country acts on the Capital One Music Stage, including global superstar Kane Brown and iHeartCountry “On The Verge” artist Ashley Cooke. The concerts are just two of the festivities visiting fans can enjoy in the days leading up to the big game. The fan experience for both ticket holders and the general public has been a focus for event planners. All weekend long, an estimated 100,000 people from across the country are expected to attend fan events preceding kickoff. “It will be an opportunity for fans of all ages to come together to sample what college football is all about, and you don’t have to have a ticket to the game to be a part of it,” said Bill Hancock, executive director of the CFP in a press release. “We’ve worked closely with the Atlanta Football Host Committee to develop fan-friendly events that thousands will enjoy come January.” On Saturday, Jan. 18, Playoff Fan Central will open at the Georgia World Congress Center in downtown Atlanta. The free, family-friendly experience will include games, clinics, pep rallies, special guest appearances, autograph signings and exhibits celebrating college football and its history. That day, fans can also attend Media Day, presented by Great Clips, which will feature one-hour sessions with student-athletes and coaches from each of the College Football Playoff national championship participating teams. ESPN and social media giants X, Facebook, Instagram and TikTok will be taping live broadcasts from the event. On Sunday, Jan. 19, the Trophy Trot, both a 5K and 10K race, will wind its way through the streets of downtown Atlanta. Each Trophy Trot participant will receive a T-shirt and finisher’s medal. Participants can register at atlantatrackclub.org . On Sunday evening, the Georgia Aquarium will host the Taste of the Championship dining event, which offers attendees the opportunity to indulge in food and drink prepared by local Atlanta chefs. This premium experience serves as an elevated exploration of local cuisine on the eve of the national championship. Tickets to the Taste of the Championship event are available on etix.com . Atlanta is the first city ever to repeat as host for the CFP national championship. The playoff was previously held in Atlanta in 2018. “We are honored to be the first city to repeat as host for the CFP national championship and look forward to welcoming college football fans from around the country in January,” said Dan Corso, president of the Atlanta Sports Council and Atlanta Football Host Committee. “This event gives us another opportunity to showcase our incredible city.” The College Football Playoff is the event that crowns the national champion in college football. The quarterfinals and semifinals rotate annually among six bowl games — the Goodyear Cotton Bowl Classic, Vrbo Fiesta Bowl, Capital One Orange Bowl, Chick-fil-A Peach Bowl, Rose Bowl Game presented by Prudential and the Allstate Sugar Bowl. This year’s quarterfinals will take place on Dec. 31, 2024 and Jan. 1, 2025, while the semifinals will be Jan. 9-10, 2025. The CFP national championship will be Monday, Jan. 20, 2025, at Mercedes-Benz Stadium. For additional information on the College Football Playoff, visit CollegeFootballPlayoff.com . Get local news delivered to your inbox!Washington Commanders wide receiver Noah Brown could miss the rest of the season with an internal injury, coach Dan Quinn confirmed Wednesday. Initial reports said Brown had sustained a rib injury in Washington's 42-19 win against the Tennessee Titans on Dec. 1. Quinn updated Brown's status as the Commanders (8-5) return from their bye week and prepare to visit the New Orleans Saints (5-8) on Sunday. "He's going to be out for a while," Quinn said. "He had a significant internal injury from the game, so that's going to knock him out for a while." Brown, 28, did not practice on Wednesday because of a kidney injury, according to the team's injury report. He caught three passes for 27 yards against the Titans before leaving late in the third quarter. "During the game, between him and the medical staff, they did a really good job to address what was a serious injury," Quinn said. "Fortunately, he's going to be OK. But it's going to knock him out for a bit." Quinn said it's not certain Brown will miss the rest of the season "but it's likely heading that way." The Commanders claimed veteran wide receiver K.J. Osborn off waivers from New England on Wednesday afternoon. The Patriots released Osborn on Tuesday. Osborn, 27, played in seven games (four starts) and had seven receptions on 18 targets for 57 yards and one touchdown. He participated in 53 percent (232) of the offensive snaps. He has not played since the Patriots' 19-3 victory at Chicago on Nov. 10. The Patriots signed Osborn as a free agent in March after he spent four seasons with the Minnesota Vikings, who selected him in the fifth round of the 2020 NFL Draft. Osborn has 165 career receptions for 1,902 yards and 16 TDs in 66 regular-season games (34 starts). Brown ranks third on the team in receptions (35) and receiving yards (453) and has one touchdown in 11 games (nine starts). His touchdown catch was on a 52-yard Hail Mary pass that gave Washington an 18-15 win over the Chicago Bears in Week 8. A seventh-round draft pick by Dallas in 2017, Brown has 150 catches for 2,000 yards and six TDs in 87 games (34 starts) with the Cowboys (2017-18, 2020-22), Houston Texans (2023) and Commanders. --Field Level Media
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Accelerating a new chapter in Oman’s automotive landscape, World Auto Business has brought BYD’s electric mobility experiences closer to automotive enthusiasts with the inauguration of BYD’s third showroom at the Mall of Oman. This is Oman’s first automotive showroom within the premises of a shopping mall. This innovative showroom concept offers visitors a unique opportunity to explore BYD’s high-tech electric and hybrid vehicles. It invites customers to embark on electrifying journeys with vehicles that seamlessly blend technology, performance and sustainability. The inauguration was graced by Mr. A D Huang, General Manager of BYD Middle East and Africa Auto Sales Division, Mr. Husam Al Mandhari, Director, Mall Management, Mall of Oman, Mr. Abdullah Mohamed Bahwan, Managing Director – Corporate, Saud Bahwan Group and senior representatives from BYD. Highlighting this milestone, a BYD representative described it as a pivotal step in the brand’s expansion in Oman, stating that BYD’s vehicles are not merely products but future-inspired innovations where cutting-edge technology meets practicality to create sustainable, high-performance solutions designed for the demands of modern city life. The representative also emphasised how the showroom enhances the overall customer experience, allowing families to engage in enriching edutainment encounters while making informed decisions about their automotive choices. Stepping into the showroom, visitors have an opportunity to enter a world of unique storytelling and automotive advancements. The ultra-dimensional exhibition space showcases BYD’s futuristic DNA through high-tech interiors, immersive aesthetics and interactive displays. A centrepiece of the showroom experience is the 98-inch LED screens, which deliver captivating presentations on BYD’s transformative technologies, including the revolutionary Blade Battery, DM-i Super Hybrid technology and the e3 platform. Visitors can also explore advanced solutions such as the Disus Body Control system and the e4 (Yisifang) platform, designed to offer consumers the benefits of cutting-edge automotive innovation. Every aspect of the showroom reflects BYD’s commitment to innovation, from earthy dome-like elements to illuminated floors and high-contrast mirror reflections. These design elements create a harmonious balance, emphasising the brand’s forward-thinking identity. BYD’s range of vehicles available in Oman includes the dynamic electric models Han, Atto 3, and Seal, as well as the DM-i-powered hybrid Song Plus DM-i and Qin Plus DM-i, catering to a wide spectrum of customer preferences. The recent unveiling of BYD’s new-age EV showroom in Wattayah heralded the beginning of Oman’s e-mobility era and was followed by the inauguration of BYD’s second showroom at Al Mouj. As BYD sets its sights on the future, World Auto Business LLC remains committed to providing an exceptional customer journey, ensuring a smooth transition from conventional vehicles to the cutting-edge technology of tomorrow. Visit the BYD showrooms at Wattayah, Al Mouj and Mall of Oman today to explore the future of mobility first-hand. In Oman, BYD vehicles are distributed by World Auto Business. Please visit www.bydoman.com, www.youtube.com/@BYD_oman, www.facebook.com/BYDinOman and www.instagram.com/byd_oman. For any further details, or to ascertain the availability of stocks and for test-drive requests, please call 72225925.
Amani said on Saturday that enemies of Syria would be affected by the repercussions of the ongoing developments sooner than friends of the Arab country. The ambassador returned to Lebanon from Iran to resume his diplomatic mission nearly a week ago. He was in Iran to receive treatment for the injuries he sustained in communications devices’ explosions by the Israeli regime in Lebanon in September. His comments come as the Syrian government is engaged in fighting with terrorist groups that launched an offensive on November 27 from their stronghold in the western province of Idlib. On Saturday, Russian Foreign Minister Sergey Lavrov, whose country offered great assistance to Syria to defeat terrorist groups in the past years, advised Syrian political opposition groups to distance themselves from the terrorists fighting the Damascus government. 4194
US budget airlines are struggling. Will pursuing premium passengers solve their problems? DALLAS (AP) — Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel industry experts think Spirit’s troubles indicate less-wealthy passengers will have fewer choices and higher prices. Other discount airlines are on better financial footing but also are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic. Most industry experts think Frontier and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks, and that there's still plenty of competition to prevent prices from spiking. Bitcoin ticks closer to $100,000 in extended surge following US elections NEW YORK (AP) — Bitcoin is jumping again, setting another new high above $99,000. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone services WASHINGTON (AP) — The Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power. The justices on Friday agreed to review an appellate ruling that struck down as unconstitutional the Universal Service Fund. The Federal Communications Commission collects money from telecommunications providers, who then pass the cost on to their customers. The Biden administration appealed the lower court ruling, but the case probably won’t be argued until late March. At that point, the Trump administration will be in place and it is not clear whether it will take a different view of the issue. Stock market today: Wall Street gains ground as it notches a winning week and another Dow record Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. The S&P 500 rose 0.3% Friday. The Dow added 1%, and the Nasdaq composite tacked on 0.2%. Retailers had some of the biggest gains. Gap soared after reporting quarterly results that easily beat analysts' estimates. EchoStar fell after DirecTV called off its purchase of that company's Dish Network unit. European markets closed mostly higher and Asian markets ended mixed. Treasury yields held relatively steady in the bond market. Crude oil prices gained ground. Australia rejects Elon Musk's claim that it plans to control access to the internet MELBOURNE, Australia (AP) — An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media. Treasurer Jim Chalmers said on Friday that Musk’s criticism was “unsurprising” after the government introduced legislation to Parliament that would fine platforms including X up to $133 million for allowing children under 16 to hold social media accounts. The spat continues months of open hostility between the Australian government and the tech billionaire over regulators’ efforts to reduce public harm from social media. Parliament could pass the legislation as soon as next week. Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease. The U.S. Department of Justice announced the indictment on Thursday. Phillips is charged with two counts of negligently violating the Clean Water Act and four counts of knowingly violating the Clean Water Act. An arraignment date has not been set. A spokesperson for the company said it was cooperating with prosecutors. US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Regulators also want to ban Google from forging multibillion-dollar deals to lock in its dominant search engine as the default option on Apple’s iPhone and other devices. New York judge rejects state efforts to shutter bitcoin mine over climate concerns NEW YORK (AP) — A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions. The decision will allow the Greenidge power plant to continue operating in the Finger Lakes region of the state. The state had previously found the gas-powered crypto mine ran afoul of a climate law intended to limit greenhouse gas emissions. But on Thursday, a state Supreme Court judge found Greenidge was entitled to a process to defend its continued operation. Environmental groups have protested the facility, which they allege is pumping emissions into the air while contaminating the nearby Seneca Lake. What you need to know about the proposed measures designed to curb Google's search monopoly U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly. The sweeping set of recommendations filed late Wednesday could radically alter Google’s business. Regulators want Google to sell off its industry-leading Chrome web browser. They outlined a range of behavioral measures such as prohibiting Google from using search results to favor its own services such as YouTube, and forcing it to license search index data to its rivals. They're not going as far as to demand Google spin off Android, but are leaving that door open if the remedies don't work. Apple and Google face UK investigation into mobile browser dominance LONDON (AP) — A British watchdog says Apple and Google aren't giving consumers a genuine choice of mobile web browsers. The watchdog's report Friday recommends they face an investigation under new U.K. digital rules taking effect next year. The Competition and Markets Authority took aim at Apple, saying the iPhone maker’s tactics hold back innovation by stopping rivals from giving users new features like faster webpage loading. The CMA’s report also found that Apple and Google manipulate the choices given to mobile phone users to make their own browsers “the clearest or easiest option.” Apple said it disagreed with the findings.Arizona State head coach Kenny Dillingham implored the CFP selection committee to learn from last year’s mistakes when seeding the Sun Devils in the College Football Playoff . On Saturday, the Sun Devils defied all odds by defeating Iowa State, 45-19, in the Big 12 Championship Game at AT&T Stadium - just five months after they were ranked last by members of the media in the conference preseason poll. Thanks to the dominant win, Arizona State officially punched its ticket to the CFP - where the team will be seeded, however, remains to be seen. Should Arizona State be awarded one of the top four seeds, Dillingham’s players would have a first-round bye as well as a chance to host their first game on home turf. Yet some have speculated that the Sun Devils will instead be given an automatic qualifier lower down the 12-team bracket - despite their 11-2 record and strong showing against No. 16 seed Iowa State. Timothee Chalamet blows Pat McAfee and ESPN viewers' minds with level of knowledge Deion Sanders tells NFL head coach he needs to draft his sons hours after Shedeur hint Dillingham, for one, believes that Arizona State has done more than enough this season to earn one of the highly-coveted top-four CFP seeds. Moments after Saturday’s contest, he presented his argument for why the Sun Devils shouldn’t succumb to the same fate that Florida State did last season. “There will be a lot of talk about seeding tomorrow on the Selection Show. What is your group deserving of after the body of work you’ve put together?” ESPN’s Katie George asked. “Last year, [the CFP Selection Committee] kept Florida State out because their quarterback didn’t play,” Dillingham replied. “We’re 11-1 with our quarterback. 11-1. And we’re Big 12 champs. I think we should be treated like an 11-1 team.” Follow us on X for the best and latest in sports news Speaking to reporters during the post-game interview, Dillingham reiterated his belief that Arizona State is worthy of a first round bye in the playoffs. “Yeah, I mean, I think judging [off] last year they left the team out because of a quarterback,” he said. “We're 11-1 with our starting quarterback, having beat four ranked teams, having won the Big 12 Championship. So I do think because ... we've made a standard that the quarterback is that valuable, I think there should be a real chance that we get a first round bye, and I definitely think we should host a game.” In the final year of the four-team CFP format, 13-0 Florida State was controversially left out in favor of one-loss Alabama - becoming the first-ever undefeated power conference champion to not be included in the field. The reasoning behind their absence, according to CFP committee chair Boo Corrigan, was due to the loss of star quarterback Jordan Travis, who suffered a gruesome leg injury one month prior. "Florida State is a different team than they were the first 11 weeks," Corrigan said. "If you look at who they are as a team right now, without Jordan Travis, without the offensive dynamic that he brings to it, they are a different team. And the committee voted Alabama four and Florida State five."
BMO Capital downgraded Prologis ( PLD ) to Underperform from Market Perform with a price target of $104, down from $120. Prologis is a “world-class company with a moat business,” but its valuation screens expensive, the analyst tells investors in a research note. The firm says the company’s s embedded growth is set to moderate back to pre-COVID levels by 2026. Industrial leasing demand is down 56% year-over-year, and BMO does not see a near-term rebound with Amazon expanding modestly and shifting toward higher warehouse ownership. The Trump tariffs adds further uncertainty, the firm adds. Pick the best stocks and maximize your portfolio: Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks! Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on PLD: Prologis price target lowered to $132 from $137 at Truist Prologis price target lowered to $134 from $136 at Scotiabank Prologis price target raised to $132 from $131 at Barclays Prologis price target lowered to $136 from $142 at Scotiabank Prologis CEO: Things are very good, our future is bright
Since ChatGPT took the world by storm in the fall of 2022, artificial intelligence (AI) has increasingly crept into many aspects of society. For instance, U.S. regulations around AI rose 56% in 2023. Now, businesses are advancing computer science to facilitate the evolution of AI. Two prominent companies in this area are quantum computing company IonQ ( IONQ 12.80% ) and semiconductor-giant Nvidia ( NVDA -2.25% ) . Each company has developed groundbreaking technologies poised to revolutionize the computing industry, which has helped propel their stocks skyward. Through Dec. 11, IonQ's share price was up around 140%, and Nvidia's had risen about 180% in 2024. But which company provides a better long-term investment to capitalize on the secular trend of AI? I'll dig into both businesses to answer that question. A look at IonQ's quantum tech IonQ is an attractive investment because quantum computing can evolve AI beyond what's possible with the most powerful supercomputers on the planet. Quantum computers use subatomic particles to perform complex calculations in seconds that can take years for a traditional computer to complete. IonQ isn't the only company working on quantum computers, but its technology overcomes challenges faced by the industry. For example, many quantum systems require temperatures colder than outer space to keep the subatomic particles stable, but IonQ's platform can operate at room temperature. Its tech helped it capture customers such as Oak Ridge National Laboratory, which is using IonQ's quantum computers to modernize the U.S. power grid. Its growing customer base has led to rapid revenue growth for the company. In the third quarter, IonQ's sales rose 102% year over year to $12.4 million. The company also captured $63.5 million in new customer bookings in the quarter. However, IonQ isn't profitable. It exited Q3 with a net loss of $52.5 million, up from $44.8 million in the prior year, as it spent $33.2 million on research and development . It's not cheap building innovative technology. IonQ is continually strengthening its technological advantages. In November, it announced it was acquiring quantum networking company Qubitekk. Today's AI relies on the power of many computers networked together. With the Qubitekk acquisition, IonQ intends to emulate the network effect for its quantum machines. Nvidia's strengths in AI The rise of AI supercharged Nvidia's business as companies and governments showed an insatiable appetite for its semiconductor chips. For example, some estimates suggest ChatGPT was built using 10,000 Nvidia chips. The company's products are popular for AI because Nvidia developed specialized chips called graphics processing units (GPUs). These provide AI systems with the computer processing power to quickly and efficiently churn through mountains of data to execute tasks. Demand remains strong for Nvidia's products. The company reached record revenue of $35.1 billion in its fiscal Q3, ended October 27. This represents a 94% rise over the previous year. Q3 net income was also up, hitting $19.3 billion, a remarkable 109% year-over-year increase. But its latest technology could propel the company to greater heights. Its Blackwell platform was designed specifically for the advanced computing required by AI systems. Nvidia claims it pushes the boundaries of scientific computing since each of Blackwell's GPUs boasts over 200 billion transistors. Customers are so hungry for Blackwell, Nvidia management stated "demand greatly exceeds supply." The governments of Japan and Taiwan are among the organizations building AI supercomputers using Blackwell. With so much product demand, Nvidia expects Q4 revenue to come in around $37.5 billion. That's a double-digit increase over the previous year's $22.1 billion. Choosing between IonQ and Nvidia Both companies offer good reasons to invest in them, given their compelling technologies. To pick between the pair, here are other important factors to consider. Nvidia's Blackwell platform is so powerful, it's capable of simulating the abilities of quantum computers. Blackwell can do this because today's quantum machines are limited in how long they can perform calculations before the subatomic particles break down. As a result, quantum computers can't replace classical computers, such as Blackwell, in the near term. Over the long run, however, quantum computers are expected to achieve quantum advantage, a term meaning a time when a classical computer can no longer keep up with a quantum machine. Some estimates predict quantum advantage will arrive some time after 2030. Consequently, it could be years before IonQ's technology potentially overtakes Nvidia's, making IonQ a more speculative investment. In addition, with shares of each company up this year, another consideration is valuation. Here's a look at their price-to-sales ratios (P/S). The metric indicates the price investors are willing to pay for each dollar of a company's sales. Data by YCharts . As the chart shows, IonQ's P/S multiple has surged in recent weeks and is now incredibly high, compared to Nvidia's. This suggests Nvidia shares are a better value. The better investment choice becomes clear when you consider three things: IonQ's stock appears overvalued. Nvidia's profitability and demand for its Blackwell platform are soaring. IonQ's technology is still years away from widespread adoption. Between these two cutting-edge companies, Nvidia stands out as the winning investment in the exciting field of artificial intelligence.6 of the Best Cryptocurrencies You Can Buy This December for the Biggest Profits in 2025This pharma stock could easily gain 20% next year, Jefferies says
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Clintons urge voters agitated by today's politics to remain involved in public serviceJoe Rogan's withering response to The View hosts claiming he can't be trusted but they can By GERMANIA RODRIGUEZ POLEO, CHIEF U.S. REPORTER Published: 20:53, 21 November 2024 | Updated: 20:55, 21 November 2024 e-mail 26 View comments Joe Rogan has issued a withering response after The View hosts claimed the public can't trust him like they can trust them. The ABC News stars lamented on Thursday that social media has opened the way for alternative news sources that are not fact-checked before publication. 'I think that that's why people like our show, because they know that we are checked by ABC News,' Joy Behar said. 'We went from Walter Cronkite, to this guy, Joe Rogan, who believes in dragons.' Rogan was quick to respond to Behar, writing on X that he would take on the tittle of 'dragon believer.' 'That's my new official X description,' Rogan said. Indeed, the podcaster changed his X description to 'Dragon Believer.' Behar was referencing comments by Rogan earlier this month, when he said he believes that dragons roamed the earth. Rogan said: 'You know what I'm really fascinated with, is things that existed, like only in myth, but that every culture has — like dragons.' Joe Rogan has issued a withering response after The View hosts claimed he can't be trusted like they can 'I think that that's why people like our show, because they know that we are checked by ABC News,' Joy Behar said on The View on Thursday. 'We went from Walter Cronkite, to this guy, Joe Rogan, who believes in dragons.' Rogan was quick to respond to Behar, writing on X that he would take on the tittle of 'dragon believer' While he admitted that fire-breathing dragons probably never existed, Rogan added that there probably was a 'really dangerous reptile that that they called dragons.' 'The question is whether they actually flew,' Rogan pondered. The hosts of The View have been theorizing about why Donald trump won the presidential election in recent weeks. In the aftermath of the election, Sunny Hostin even deleted her X account in what she describes as a 'patriotic' protest against owner Elon Musk. The talk show host told the Behind The Table podcast that Musk had made the platform worse. 'Elon Musk took it over and I feel like he ruined it,' Hostin, 56, explained. ABC News executives are reportedly actively searching for a conservative, pro-Trump voice to join the panel after its stars all backed Vice President Kamala Harris for president. The talk show - co-hosted by liberals Whoopi Goldberg, Joy Behar, Sunny Hostin and Sara Haines as well as Republican Trump critics Ana Navarro and Alyssa Farah Griffin - featured the vice president in an episode just one month ahead of the election. ABC News executives are actively searching for a conservative, pro-Trump voice to join the panel on The View, the New York Post reports All six of the panelists endorsed Harris in the presidential election, with some hitting out at the president-elect Then, just one day after Trump's victory, the panelists dressed in all black as if they were attending a funeral. ABC News Group President Debra OConnell and ABC News boss Almin Karamehmedovic are holding sit-down meetings with executive producers and other senior editorial leaders to address its coverage, the New York Post reports. It is primarily focusing on The View, unidentified sources said. The source went on to note that all six of the current panelists endorsed Harris in the presidential election. 'They lost. They are out of touch with America,' the insider said, noting: 'For a show about different perspectives, The View doesn't seem to have any when it comes to Trump' and ABC News executives 'don't want to alienate the pro-Trump demographic' as they try to maintain the show's ratings and advertising revenue. 'At the end of the day, these changes aren't about politics. They are about economics,' the source explained. 'Trump got more than half of the vote. 'TV networks need to find pro-Trump voices and diversify viewpoints to reflect the various perspectives of Americans.' Elon Musk Joe Rogan Joy Behar Share or comment on this article: Joe Rogan's withering response to The View hosts claiming he can't be trusted but they can e-mail Add commentWeekly Horoscope Leo, December 8 to 14, 2024 predicts work accolades
Mumbai: Kandivali based social activist has served a legal notice to the Chief Minister, BMC Commissioner, Development Plan (DP) Chief Engineer and other civic officials for failing to takeover the reserved 1991 DP and RG land from Growels 101 Mall even after more than 15 years. The legal representation demanded shutting down the mall highlighting severe irregularities related to the Building and Factory, Building Proposal, Development Plan and Storm Water Drainage departments until all legal compliances are met. The Free Press Journal had earlier reported that the BMC has failed to take over the DP and RG plot that lies in the vicinity of the Growels 101 Mall in Kandivali (E). The plot has been reserved to construct a recreational ground and a road connecting the Akurli Rd to the Western Express Highway as proposed under the DP 1991 and 2034. Although BMC has been requesting the mall to hand over the reserved land, the mall has not handed over the said plot. Kandivali’s Lokhandwala Residents’ Association (LRA) has been demanding the construction of the DP road since several years as the road is expected to ease the traffic congestion on Akurli Rd. Recently, Shishir Vivekanand Shetty, the founder of LRA, has served a legal notice to the CM, BMC commissioner and other civic officials urging them to take swift and immediate action against Growels 101 Mall with respect to the handing over of the DP and RG land. Kandivali Activist Serves Legal Notice to CM and BMC Chief Over Growels 101 Mall's Failure to Handover DPRG Land | File Photo The legal notice has been served through Advocate Rishi Nirav Bhatt, who had earlier represented the applicant in the PIL concerning the 1967 DP road connecting Thakur Village to Lokhandwala Township. The lawyer and applicant duo were successful in getting favourable implementation order from the BMC Commissioner through the Bomaby High Court in a very short time of approximately two months in October. Through the legal notice, Shetty has urged the authority to direct the Growels 101 Mall to hand over the DPRG plot and close all illegal entries to the mall. It has also prayed to the authorities to shut down the part of mall for illegal constructions, chemical laboratories and pending environment clearance until the requirements are met. The legal notice also cited Bombay High Court’s ruling in the case of Korum Mall in which the court had pulled up the municipal authorities for illegally regularising unauthorised construction by the mall to protect the latter’s interest. Shetty has given the CM, BMC chief and other officials a time of 15 days to take appropriate action against Growels 101 Mall and has warned the officials of legal action before the appropriate court, if they fail to act. The Free Press Journal contacted Santush Kumar Pandde, chief operations officer of the mall, but he was unavailable for a comment. Mall Has Not Submitted Any Environment Clearance The legal representation highlighted a severe irregularity with the mall as it had failed to provide the BMC with necessary environmental clearance from the Ministry of Environment, Forest and Climate Change. In July 2024, the BMC had asked the mall to submit the clearance within seven days. In another letter marked to the mall in September, the BMC had directed the mall not to carry out any work on site until submission of environmental clearance. A Major Nullah Near The Mall Diverted Northwards The legal representation pulled up the Storm Water Drain department as it had failed to take action against the mall authorities for diverting a major nullah adjacent to the mall. In February 2010, the Storm Water Drain Department had written to the mall’s architect after the nullah alignment was found shifted towards the north side. The architect had reasoned that the discrepancy might have occurred due to natural calamities of flood on July 26, or by earlier architect’s technical error. Shetty has alleged that the mall had illegally diverted the nullah which may cause a great mishap in the future. Mall Has Constructed Two Entrances, Lacks OC For A Wing While the mall uses two entrances on the Akurli Rd and one on the WEH, the BMC’s Building Proposal department has revealed that the mall has only one approved entrance which lies on the Akurli Rd. Moreover, the mall has constructed a water fountain on its entry gate, which according to BMC’s claims is unapproved. It also alleged that the mall has rented its A Wing to several licensee without having an occupancy certificate. Chemical Laboratories Running Inside The Mall Without Permission The BMC was unaware of the fact that two chemical laboratories were functioning within the premises of mall and were disposing chemical effluents in the nearby drains. After Shetty’s complaint, it requested the mall to provide necessary permissions for running the laboratories within seven days but has failed to act even after more than six months of the notice. Pay And Park Facility Running On DPRG Plot The notice also mentions about the pay and park facility being run by the mall on the DPRG plot, which has been earlier reported by The Free Press Journal. The BMC had said that there is no record of permission to the mall for the parking service. Documents from as early as 2012 had revealed that the BMC had asked the mall in 2011 to stop its parking business and hand over the DP plot to the BMC. Failure To Hand Over Reserved Plot Even After Utilising FSI BMC’s Development Plan department had issued notices to the mall’s architect SpaceX Consultant, in 2013 and 2016, directing them to hand over the DP reservation of RG and the 18.30 metres DP road. The BMC had ordered that the mall should not be granted any further development permission and insist upon the architect, owner and developer to handover the land. The Free Press Journal had earlier reported that the mall had utilised the FSI benefits from the BMC to its full strength and had still requested for realignment of the DP road but the corporation had denied any possibility. BMC Allowing Permission To The Mall For “Miscellaneous Work” The legal representation also pulled up the Deputy Chief Engineer of Building Proposal department alleging that the BMC has allowed the mall to “illegally construct certain portion under the sheep of miscellaneous work” although it had earlier raised the condition of not issuing any new permission to the mall until it hands over the DPRG plot.
Top 5 African countries where eating out is expensiveFirst-of-its-kind single-asset, single-borrower ("SASB") transaction validates flexible apartment properties as an institutional asset class LOS ANGELES , Dec. 11, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK ) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the completion of a landmark $525 million refinancing on behalf of ICONIQ Capital and Sentral: a first-of-its-kind single-asset, single-borrower CMBS loan to refinance flexible apartment properties. Newmark Co-President of Debt & Structured Finance Jonathan Firestone and Vice Chairman Bill Fishel arranged the financing, which was provided by Deutsche Bank and Goldman Sachs. The transaction is tied to a portfolio of six apartment properties totaling 1,790 units in vibrant urban markets. Sentral operates each asset in the portfolio, including approximately 25% of the units under a "flexible living" strategy in which units are fully furnished and made available for short- or mid-length stays. Terms of the financing include wide latitude for flexible management and various lengths of stay to optimize property performance. The six-building portfolio includes Sentral Union Station in Denver , Sentral Michigan Avenue in Chicago , Sentral SoBro in Nashville , Sentral Wynwood in Miami , Sentral East Austin 1614 and Sentral East Austin 1630. "This is a milestone transaction representing a significant validation of the flexible living model as an institutional asset class," said Firestone. "ICONIQ's SASB issuance is an endorsement of its innovative approach and Sentral's track record among debt underwriters and investors, including some of the largest and most sophisticated CMBS investors in the world." Sentral was created in 2019 to deliver flexibility to consumers and allow them to live on their own terms in high-quality multifamily assets in the most dynamic cities across the country. As the operator of the six properties included in this transaction, the company has developed a track record of strong results that have outperformed results from traditional apartment operations. Sentral now manages over 10,000 units in a third party capacity on behalf of ICONIQ and other institutional owners. Roman Speron , President of Sentral, said, "While furnished short- and mid-term rentals are relatively new to the Class A multifamily sector, consumer demand has been strong for many years. Sentral provides a way to capture this demand, manage and optimize results for institutional apartment owners and enhance satisfaction for long-term residents too." "ICONIQ's SASB transaction, and the pricing transparency that it provides, affirms that Sentral's flexible apartment assets are treated very similarly to traditional apartment buildings from a capital markets perspective," said Fishel. "Over time, we expect flexible apartment assets to be valued in line with traditional apartment assets given the consistent increased yield premiums the Sentral platform is able to generate relative to traditional apartments." Gibson Dunn and Latham & Watkins also advised on the transaction. About Sentral Sentral is the leading Class-A multifamily property management company that drives Net Operating Income for owners through differentiated operating capabilities. The company provides full-cycle property and asset management services on over $4 billion in multifamily assets for a growing list of institutional owners, nationwide. Sentral delivers flexible living services, authentic local experiences, premium amenities, community connection for residents and guests, and a tech-enabled platform that enhances operational efficiency. Sentral is backed by world-class firms in technology, hospitality, and real estate, including ICONIQ Capital, Highgate Hotels, and Ascendant Capital Partners. The company is headquartered in San Francisco and Denver . To learn more, visit Sentral.com or follow @SentralLife. About ICONIQ Capital ICONIQ Capital is a global investment firm elevated by an extraordinary community. With over $80B assets under management, we seek to build resilient investment portfolios, partner with inspired entrepreneurs transforming industries, manage our clients' lives and legacies, and create uncommon opportunities across sectors and society. About Newmark Newmark Group, Inc. (Nasdaq: NMRK ), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024 , Newmark generated revenues of approximately $2.6 billion . As of that same date, Newmark's company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark . Discussion of Forward-Looking Statements about Newmark Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. SOURCE Newmark Group, Inc.
Is HCL Technologies Ltd. a good choice for a long-term outlook? Should you keep holding Paytm parent One97 Communications Ltd. and Jio Financial Services Ltd.? Are valuations of State Bank of India and Axis Bank Ltd. sustainable? Rohan Mehta, chief executive officer and fund manager at Turtle Wealth, and Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt., answered these investor queries and more on NDTV Profit's Ask Profit show. Mehta: Buy Consistent earnings performance. Entry level good. Mehta: Hold if owning. Current valuation not attractive for new buy Let at least 20–25% correction to take fresh positions. Parekh: Hold. Stock not showing any strength right now. Keep stop-loss at Rs 2,600 and wait for a bounce to Rs 3,000 for an exit. Mehta: Buy September quarter has been good. Stock should be in the portfolio as its a key digital technology company. Parekh: Hold. No sign of exhaustion from momentum. Target at Rs 720. Mehta: Buy It is the most economical and a great valuation bank available now. Stock has done better than peers. Best contender in a portfolio among financials. Parekh: Accumulate. Stock has been laggard among peers. Support level at Rs 1,120 which gives an opportunity to accumulate. Mehta: Buy Company's uniquesness of only lending to women has gone with other NBFCs catching up. Stock has corrected and provides entry point but not for long term. Parekh: Buy Stop loss of Rs 290. Stock can gather steam at Rs 345–350. Risk-reward wise, good to buy. Parekh: Average out Selling is over and there is room for an upside. Parekh: Hold Sideways move currently, overall trend up. Support of Rs 4,450, target at Rs 4,800. Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
The 16th Arab Conference on the Peaceful Uses of Atomic Energy kicked off Sunday in Amman, Jordan, with the participation of approximately 150 scientists and researchers from across the Arab world. Secretary-General of the Arab League Ahmed Aboul Gheit highlighted the region’s growing energy needs, noting that the Middle East and North Africa require a 70% increase in electricity capacity by 2050 to meet rising demand. He emphasized that nuclear energy offers a vital and efficient solution to these challenges, pointing out that a single nuclear power plant can provide energy to an unlimited number of homes at an economical cost with minimal environmental impact, SPA reported. The five-day conference will address key topics such as advanced reactor technologies, innovative nuclear applications in health and environmental management, and the role of nuclear advancements in driving social and economic development. Participants will also explore strategies for meeting the increasing demand for clean energy, including developments in nuclear fusion.Gladstone Capital president Bob Marcotte sells $423,925 in stock