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No. 5 UCLA women’s basketball takes down top-ranked South Carolina
BJP’s victory in Jhunjhunu diminishes Ola family’s 15-yr rule over ShekhawatiNone
AP Trending SummaryBrief at 5:52 p.m. ESTPolice Report Casts Doubt on Sexual Assault Allegation Against Pete Hegseth
Munirathna, R.R. Nagar MLA, in his complaint to the Nandini Layout Police against those who threw eggs at him on Wednesday, claimed the eggs were laced with acid. Terming the attack as politically motivated, Mr. Munirathna recalled two instances where two people approached him posing as advocates and threatened him with dire consequences asking him to resign. The duo, according to the complaint, had threatened to foist a case under the POCSO Act, 2012 and defame him, if he did not resign as MLA and allow D.K. Suresh or Kusuma to win the bypolls. Mr. Munirathna, in his complaint, said that he had complained to the Governor and the State intelligence chief seeking security cover and also raised the issue with the President and the Prime Minister. He claimed that he stopped attending public programmes owing to the threat. On Wednesday he attended a birth anniversary programme of former Prime Minister Atal Bihari Vajpayee in Lakshmi Devi Nagar and was returning home when he was attacked with eggs laced with acid. He claimed he sustained burns on his head. Based on the complaint, the police have registered an FIR charging the unknown people for causing hurt and unlawful assembly for further investigation. Published - December 26, 2024 10:31 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp RedditFans react to Caitlin Clark supporting her boyfriend, Connor McCafferyPhoto gallery from Detroit Country Day vs. Tecumseh in the D2 volleyball state title matchNone
Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Soprano Angel Blue sings her first Metropolitan Opera 'Aida' in a new production Angel Blue, one of the most admired singers of her generation, is headlining the Metropolitan Opera’s first new production of Verdi’s “Aida” in 36 years. The 40-year-old takes on the title role of the enslaved Ethiopian princess torn between love for an Egyptian warrior and loyalty to her country. It’s a part that comes weighted with history, especially for a Black soprano at the Met, where Leontyne Price embodied the role from her first performance in 1961 until her retirement in 1985. Blue tells The Associated Press she’s long looked up to Price, and directors who have worked with her say the singer is ready for the challenge. Blue’s Met debut in ‘Aida’ will happen New Year’s Eve. Centuries-old angels uncovered at Boston church made famous by Paul Revere BOSTON (AP) — Conservators have uncovered eight angels in a historic Boston church that counted Paul Revere as a bell ringer and played a pivotal role in the Revolutionary War. The angels were painted in the early 18th century but painted over in 1912 as part of a renovation of the Old North Church. Inspired by research showing the existence of at least 20 angels, conservators for the past four months have been removing the white paint that covered the eight angels located on the balcony's arches in the church sanctuary. The public is now able to view them. Swiss Olympic snowboarder Sophie Hediger dies in avalanche, aged 26 Swiss Olympic snowboarder Sophie Hediger has died following an avalanche at a mountain resort. The country's skiing federation says the incident took place at the Arosa resort in Switzerland. The 26-year-old Hediger competed at the 2022 Beijing Winter Olympics in the women’s snowboard cross and the mixed team version of the same event. Hediger achieved her first two World Cup podium finishes in the 2023-24 season. Her best result was a second place in St. Moritz in January. NFL on Netflix: Christmas Day games are a 1st for streaming giant Netflix will have one of its biggest days since the site launched in 1998 when it carries two NFL games for the first time on Christmas. “NFL Christmas Gameday on Netflix” kicks off with a two-hour pregame show at 11 a.m., before Pittsburgh hosts Kansas City. Baltimore faces Houston in the second game. The streaming giant agreed to a three-year contract in May to carry Christmas Day games. Magic and lights draw crowds to an alpine village in Washington state for Christmas LEAVENWORTH, Wash. (AP) — Freshly baked pretzels, shining tree lights and sleds in the snow lend a ruddy warmth to an unlikely collection of Bavarian-themed chalets in the mountains of Washington state. Decades ago, the town of Leavenworth was a near ghost town, one of the poorest parts of the Pacific Northwest. The mines and the sawmill had closed, and even the railroad left. That’s when desperate business owners took a serious gamble -- reinventing the community in the vision of an alpine village. More than half a century later, the result brings tourists from near and far -- especially during the holidays, when Leavenworth takes on the flavor of a German Christmas market. Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says WASHINGTON (AP) — Former President Bill Clinton was admitted Monday to MedStar Georgetown University Hospital in Washington after developing a fever. The 78-year-old was admitted in the “afternoon for testing and observation,” Angel Urena, Clinton’s deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is receiving,” Urena said. Packers clinch playoff berth with 1st shutout in NFL this season, 34-0 over Saints GREEN BAY, Wis. (AP) — Josh Jacobs gained 107 yards from scrimmage and scored a touchdown for a sixth straight game as the Green Bay Packers clinched a playoff berth while producing the first shutout of the NFL season, 34-0 over the hapless New Orleans Saints. Green Bay improved to 11-4 and earned its fifth postseason appearance in six years. New Orleans played without injured quarterback Derek Carr and running back Alvin Kamara. Rookie Spencer Rattler started and went 15 of 30 for 153 yards with an interception and a fumble. The Packers have won nine of their last 11 games. Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting SANTA FE, N.M. (AP) — New Mexico prosecutors won’t pursue an appeal of a court’s decision to dismiss an involuntary manslaughter charge against Alec Baldwin. The actor had been charged in the death of cinematographer Halyna Hutchins during a rehearsal on a movie set outside Santa Fe in October 2021. Special Prosecutor Kari Morrissey withdrew on Monday the appeal of a July decision at trial to dismiss the charge. The decision to drop the appeal solidifies the decision by Judge Mary Marlowe Sommer halfway through trial to dismiss the case on allegations that police and prosecutors withheld evidence from the defense. An all-Filipino crew is set to make history in the Sydney to Hobart yacht race SYDNEY (AP) — There have been plenty of “firsts” in the history of the Sydney to Hobart yacht race which was first held in 1945. An all-Filipino crew of 15 sailors will make it another when the annual ocean classic begins in Sydney Harbor on Thursday. With veteran sailor Ernesto Echauz at the helm, Centennial 7 will embark on the 628-nautical mile race. The boat itself is no stranger to the race. Previously, the TP52 yacht was known as Celestial and claimed the Sydney to Hobart overall handicap victory in 2022 under Sam Haynes after being runner-up the year before.
MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Intuit Inc. (INTU) on Thursday reported fiscal first-quarter earnings of $197 million. On a per-share basis, the Mountain View, California-based company said it had net income of 70 cents. Earnings, adjusted for one-time gains and costs, were $2.50 per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share. The maker of TurboTax, QuickBooks and other accounting software posted revenue of $3.28 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $3.14 billion. For the current quarter ending in January, Intuit expects its per-share earnings to range from $2.55 to $2.61. The company said it expects revenue in the range of $3.81 billion to $3.85 billion for the fiscal second quarter. Intuit expects full-year earnings in the range of $19.16 to $19.36 per share, with revenue ranging from $18.16 billion to $18.35 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on INTU at https://www.zacks.com/ap/INTUUCF’s postseason hopes end with loss at West Virginia
Gov. Tim Walz presented Minnesota's Thanksgiving turkey at the Capitol on Nov. 26, 2024. Photo by Michelle Griffith/Minnesota Reformer. Gov. Tim Walz on Tuesday presented Minnesota’s Thanksgiving turkey — rather than a presidential pardon, it received a gubernatorial condemnation; the bird will be eaten — and many local reporters were eager to ask the governor a variety of questions after being iced out for months while he was campaigning with Vice President Kamala Harris. It’s been about three weeks since Walz’s failed bid for vice president, and in recent days the governor has eased back into regular public events where media can ask him on- and off-topic questions. The Reformer compiled Walz’s answers to various questions in the past few days, including his reflections on his time campaigning with Harris; comments on a judge’s recent decision to delay a lottery for cannabis licenses; and how he’s thinking about coming back to Minnesota with a divided Legislature. On whether he has any regrets agreeing to be Harris’ running mate, Walz said ‘no’: “No regrets. I regret few things in life, other than I didn’t get a dog sooner,” Walz said. “No, I’m proud to have been part of that. I think we put a message out that 75 million Americans liked, but not quite enough ... I was just glad to be out there ... glad to tell Minnesota’s story — that we get things done together and we’re pretty hopeful people.” Minnesota U.S. Rep. Ilhan Omar told the Star Tribune that the Harris-Walz campaign message wasn’t progressive enough and that appealing to Republicans with people like former Rep. Liz Cheny was a mistake. (Omar performed worse than the Harris-Walz ticket in her congressional district.) He was asked about her remarks. “No response,” Walz said. A judge delayed the Office of Cannabis Management’s social equity lottery — scheduled to take place Tuesday — after several people alleged they were unlawfully denied from participating in it. The lottery is intended to prioritize business applications from people who have been harmed by marijuana prohibition in the past, as well as veterans and people living in high-poverty areas: “This is the way, I guess, the system works. We followed ... the way the law was written by the Legislature. I feel very confident that we were able to do that,” Walz said. On whether the Office of Cannabis Management is facilitating the lottery well: “They’re doing exactly what they were supposed to be doing ... They indicated that there were folks that had incomplete, or inaccurate or, in some cases, blatantly misleading in their application,” Walz said. Minnesota Democrats lost their House majority, which ended their unified control over state government. The House will now be tied 67-67 between Republicans and Democrats, and leaders from both parties are working to put together a power-sharing agreement. Was losing the House majority a rejection of the Democratic-Farmer-Labor policies passed over the past two years: “No, I see a very close and divided country, and the election was a couple back and forth. I think the same way you could say we held the Senate, so that’s an affirmation of the policies we have,” Walz said. “You have a very divided electorate. I’m proud that the people of Minnesota chose us here again when they had an opportunity at the top of the ticket, but we’re going to have some opportunities to continue to move in the positive direction we’ve gone ... Minnesotans are ... still supportive of those moves, closely divided here, just like it is across the country.” On whether Walz will run for governor again in 2026: “I’m just glad to be back right now, so we’ll cross that bridge when we get to it,” he said.
No. 11 Terps face no resistance against overwhelmed St. Francis (Pa.)Beyoncé might have a new year surprise for fans following her NFL performance during Baltimore Ravens versus Houston Texans on Christmas Day, December 25. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Social media was abuzz after 32-time Grammy Award winner published a cryptic post mentioning the date - January 14, 2025. So what could be there on January 14, 2025? Beyoncé may announce "Cowboy Carter" Act III, as per the USA Today report. However, Beyoncé is yet to make any official announcement. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Meanwhile, in a thrilling announcement for music and sports fans alike, Netflix has confirmed that singer Beyonce's highly anticipated halftime performance, dubbed the "Beyonce Bowl," will be released as a standalone special later this week. The live performance, which took place on Christmas Day 2024 during Netflix's inaugural NFL Christmas Gameday, will now be available to stream for those who missed the live event, as per Netflix's official announcement post about the same, on its social media handle. In a thrilling announcement for music and sports fans alike, Netflix has confirmed that singer Beyonce's highly anticipated halftime performance, dubbed the "Beyonce Bowl," will be released as a standalone special later this week. The live performance, which took place on Christmas Day 2024 during Netflix's inaugural NFL Christmas Gameday, will now be available to stream for those who missed the live event, as per Netflix's official announcement post about the same, on its social media handle. FAQs Q1. When will Beyoncé make big announcement? A1. Social media was abuzz after 32-time Grammy Award winner published a cryptic post mentioning the date - January 14, 2025. Q2. How many Grammy awards Beyoncé has? A2. Beyoncé is a Grammy Award winner. (You can now subscribe to our Economic Times WhatsApp channel )
Five New Yorkers have been charged with felony possession of stolen property, conspiracy and other related crimes, Queens District Attorney Melinda Katz said. The bust served as a reminder to shoppers as the holiday shopping season kicks off in earnest with Black Friday this week to make sure they are supporting legitimate establishments, she said. “When a deal seems too good to be true, I guarantee you, it’s too good to be true,” Katz said. Nationally, businesses lose roughly $100 billion and the average family pays $500 more a year because of the impact of organized retail theft, according to New York Gov. Kathy Hochul, who joined the district attorney and other law enforcement officials in Queens. The Democrat said the arrests also marked the first time anyone has been charged under a new criminal statute of fostering the sale of stolen goods that she recently signed into law to help crack down on retail theft. “This is real simple. We’ve had enough with criminals preying on our citizens,” Hochul said. “We are sick and tired of our citizens feeling they’re vulnerable to random crimes on the streets or these sophisticated organized crime rings. And we are coming after you.” Katz, the district attorney, said the group stole high-end makeup, perfume, beauty products, designer clothing and accessories from stores ranging from Macy’s to Victoria’s Secret, American Eagle, Sephora and Ulta Beauty over a roughly two-year period. The group’s leaders, married couple Cristopher Guzman and Yvelisse Guzman Batista, directed shoplifting crews to steal specific merchandise as they hit multiple stores in New York, New Jersey, Maryland and elsewhere along the East Coast, she said. They also paid truck drivers to divert products bound for retailers from manufacturer warehouses directly to locations under their control. The group, operating out of a home in Queens, then resold the merchandise online as well as at a brick-and-mortar boutique called Yvelisse Fashion in Santiago, a city in the Dominican Republic. Vince Scala, a lawyer for the couple and two of the other defendants, said his clients pleaded not guilty at their arraignment Saturday. They were released pending their next court date in January. “The charges are only a couple of days old, and I have not seen a single piece of evidence, discovery or police reports,” he said. “I look forward to reviewing the case at the appropriate time.” Tuesday’s announcement is part of a broader push from Hochul to counter Republican criticisms that Democrats in New York are soft on public safety issues, an issue that hurt her party in the 2022 midterm elections and has remained a consistent talking point for the GOP. Earlier this year, Hochul signed off on a handful of policies aimed at cracking down on retail theft, including increased criminal penalties for assaulting retail workers, new funding for law enforcement teams dedicated to retail theft and tax credits for businesses to install security cameras. She also approved policies that allow prosecutors to combine the value of stolen goods when filing larceny charges and made it easier to criminally charge third-party sellers of stolen goods. Retail theft has also been a concern elsewhere. Videos of brazen shoplifting crews rampaging through stores have been widely shared on social media, fueling widespread frustration that retail crime is rampant and unpunished. Earlier this month, California voters overwhelmingly passed a tough-on-crime ballot measure that makes shoplifting a felony for repeat offenders again. The measure partly rolled back a progressive law passed by voters a decade ago downgrading several nonviolent crimes to misdemeanors, including theft under $950 in value. Associated Press reporter Anthony Izaguirre in Albany contributed to this story. Follow Philip Marcelo at twitter.com/philmarcelo .Michael Croley | (TNS) Bloomberg News In the old days of 2016, when golfers visited the Dormie Club in West End, North Carolina — 15 minutes from the hotbed of American golf, Pinehurst — they were greeted by a small, single-wide trailer and a rugged pine straw parking lot. Related Articles Travel | Broadway exhibit joins Disney arts fest Travel | Universal pulls drones from ‘CineSational’ show Travel | A preview of some stunning hotels and resorts opening in 2025 Travel | Travel scams that can hurt your credit or finances Travel | Travel Troubleshooter: KLM owes money for a refundable flight. So, where’s the refund? That trailer is now long gone. A gate has been installed at the club’s entrance and a long driveway leads to a grand turnaround that sweeps you past a new modern clubhouse that’s all right angles, with floor-to-ceiling glass. Seconds after you exit your car, valets are zipping up in golf carts, taking your name, then your bags, handing you keys to your own golf cart, and then zipping off to drop your luggage in the four-bedroom cottage where you’ll stay. A short walk past an expansive putting green you’ll find the pro shop — and then you’ll see the club’s most elegant feature: its golf course. The changes have all come about because Dormie Club was acquired in 2017 by the Dormie Network, a national group that owns seven private golf facilities from Nebraska to New Jersey. (“Dormie” is a word for being ahead in golf — the names were coincidences.) A key to the network’s success has been its ability to find clubs ripe for acquisition, with outstanding golf courses and existing on-site lodging or the room to build it, says Zach Peed, president of the company and its driving force. After investing in Arbor Links Golf Club in Nebraska City, Nebraska, in late 2015, Peed believed he saw an opening in the golf market: a new model of hospitality for traveling professionals who wanted a pure golf experience that eschewed the pools and pickleball courts of their home clubs. His clubs would become dream golf-only getaways for avid players and their pals. “Dormie Network’s concept was sparked by having played competitive golf in college, combined with an element of experiencing and understanding hospitality,” says Peed. “It made sense to blend the two to create golf trips that had more value than just playing golf. We want genuine hospitality to help create unforgettable memories and new friendships.” Part of that formula has been in the lodging strategy; in North Carolina, 15 four-bedroom cottages now are a short golf cart ride from the main clubhouse. In each, golfers all have their own king-size bed and en suite bathroom. A large common room is dominated by a flatscreen television along with a well-stocked bar and snacks. That ability to be both social, or tucked away in your room, extends to the expansive new clubhouse, where a high-ceilinged bar area with blond wood creates an inviting space for dining and drinking, and several hideaway rooms allow for more private diners with just your group. So far, their commitment to hospitality has been helping them expand in both membership and club usage in the increasingly competitive market for traveling golfers. Major players such as Bandon Dunes, Pinehurst Resort, and the Cabot Collection have created — or renovated — a new paradigm where golfers get dining and lodging that’s as showcase-worthy as the courses they play. Comfortable sheets and options beyond pub food aren’t luxuries anymore, but staples for many group trips. Dormie has answered that call by focusing on both the big details and the small ones, like having the dew wiped off each golf cart at dawn outside guest cottages before the day begins or having a tray of cocktails delivered to golfers as their final putt falls on the 18th green. These touches may seem over-the-top, but they stand out in a world where golf travel is increasingly popular — and expensive — after the pandemic lockdowns. Since 2020 there has been an explosion in participation in the sport, with new golfers picking up the game and avid golfers playing more: According to the National Golf Foundation, a record 531 million rounds were played in 2023, surpassing the high of 529 million set in 2021. Supreme Golf, a public golf booking website, reports in its latest analysis that the average cost of a tee time has increased to $49 in 2024 from $38 in 2019, a 30% increase. Those cost increases are also on par (pun intended) with the costs of private clubs and initiation fees during that same period, where membership rosters that were dwindling pre-COVID now have waitlists 50 to 60 people deep, according to Jason Becker, co-founder and chief executive officer of Golf Life Navigators, which matches homebuyers with golf course communities. “There’s been an absolute run on private golf. If we use southwest Florida as an example, where there are 158 golf communities, this time last November, only five had memberships available,” he said. That inability to find a club close to home has pushed avid golfers to look farther afield, choosing national memberships at clubs that require traveling, usually via plane, to play. Dormie has capitalized on this growing segment, offering two types of memberships: First, a national membership, where members pay an initiation fee and monthly dues just as they would at a local club, but instead of one club they have access to seven. The second option is a signature membership for companies, “which allows businesses to use our properties for entertainment needs and requires a multiyear commitment,” Peed says. The network also offers a limited number of regional memberships for those living within a certain distance of one of its clubs. Dormie Network declined to provide the cost of memberships or monthly dues and wouldn’t give membership numbers, but the clubs are structured to lodge roughly 60 golfers, max, on-site at any given property at any time. The total number of beds across the network’s portfolio of properties has increased from 84 in 2019 to 432 today. It saw a jump from 10,000 room nights in 2019 to 48,000 in 2023. This September, Dormie opened GrayBull in Maxwell, in Nebraska’s, Sandhills region. Dormie Network tabbed David McLay Kidd to build the course, who also built the original course at Oregon’s famed Bandon Dunes. Kidd says of the property GrayBull sits on, “It’s like the Goldilocks thing: not too flat, not too steep. It’s kind of in a bowl that looks inwards, and there are no bad views.” That kind of remote destination, where the long-range views are only Mother Nature or other golf holes, is what drives many traveling golfers these days. Peed says his team leaned on years of knowledge from Dormie’s acquisitions as they built GrayBull, which started construction in 2022. “We had an understanding of how our members and guests use the clubs that allowed us to take a blank canvas in the Sandhills of Nebraska and combine all of the greatest aspects of each Dormie property into one.” ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.
Qatar tribune NASA spacecraft was attempting to make history on Tuesday with the closest-ever approach to the Sun. Moving at speeds of almost 700,000 kilometres per hour and enduring temperatures of up to 982 degrees Celsius, NASA’s Parker Solar Probe was on a mission to “touch” the Sun to help scientists better understand the star, according to the space agency’s website. On Christmas Eve, the probe would pass by the Sun within a record-breaking 3.6 million miles above its surface. In a video on X, NASA official Nicky Fox explained that the mission will help discover what drives solar activity and why the sun’s outer atmosphere, known as the corona, is hotter than its surface. She said: “By flying extremely close to the Sun, Parker Solar Probe can directly measure the solar wind near the source, and that will help us understand the origins of the solar wind and those intense bursts of energy that come from our Sun. “These insights are crucial for understanding what drives solar activity, which can affect technology on Earth, from satellites to power grids and even astronauts in space. “By getting closer to the Sun than ever before, Parker Solar Probe will reveal the secrets about our star that can help protect our technology and support our future exploration.” During the approach, the spacecraft will be out of contact with the Earth because of constraints on signal transmission while it is in close proximity to the Sun, meaning it will not be able to send a signal back to its operators until December 27 indicating its condition after the flyby. Since the spacecraft launched in 2018, it has circled gradually closer to the sun - flying past Venus in order to use the planet’s gravity to move it into a tighter orbit. When it first passed into the Sun’s atmosphere in 2021, the probe made unexpected discoveries about the boundary of the corona. At the end of next January, scientists expect the spacecraft to begin to send back the data it collected on the Christmas Eve flyby. (DPA) Copy 25/12/2024 10BIG TEN THIS WEEKSir Keir Starmer spotted in Directors’ Box at Arsenal’s Emirates Stadium despite freebie controversy
CJ Donaldson has two short TD runs, West Virginia beats UCF 31-21 to become bowl eligibleWASHINGTON - Scott Bessent, the veteran hedge fund manager whom Donald Trump picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and possibly a weaker dollar. If confirmed by the Senate, he will have a sprawling remit: overseeing public financing, economic sanctions and the Internal Revenue Service; engaging in international economic diplomacy; and helping ensure the smooth functioning of financial markets. Bessent, who currently runs the macro hedge fund Key Square Group LP, will be crucial in implementing the president-elect’s agenda, which includes renewing some of Trump’s 2017 tax cuts that expire next year and loosening financial regulations. Below is a roundup of what Bessent has said over the past year about policies that will influence the U.S. economy. Federal Reserve Trump has said a president should have some say over interest rates and monetary policy, a move that would undercut the longstanding independence the central bank has enjoyed from the executive branch. Bessent doesn’t seem to disagree with Trump and even criticized the Fed himself in September after its jumbo rate cut. - “If you were concerned about the integrity of the institution, you would not have done it. You especially would have not done a jumbo cut. In reputation, everything is optics ... tell me on what planet is it conceivable that waiting two months is make or break, versus the integrity of the institution.” - Bloomberg News, Oct. 11. Bessent will also help Trump choose a replacement for Fed Chair Jerome Powell when his term expires in May 2026, as well as at least three other appointments to the board in the next four years. Trump has flirted with the idea of firing Powell before, but Bessent has floated a fresh idea. - “You could do the earliest Fed nomination and create a shadow Fed chair. And based on the concept of forward guidance, no one is really going to care what Jerome Powell has to say anymore.” - Barron’s interview, Oct. 9. - “If you believe forward guidance is good, why can’t you give forward guidance on who the Fed chair is going to be. You could do one of two things: The current Fed chair could be reappointed, so you’ve created a path there. Or the new Fed chair nominee would give forward guidance beyond the current Fed chair’s sell-by date.” - Bloomberg Radio, Oct. 11. Tariffs Trump has vowed to impose massive new tariffs, eyeing a duty of 10% to 20% on all foreign goods and 60% or higher on goods coming from China. On the campaign trail, he also made threats of even higher rates on specific countries and products. While Bessent has at times suggested that Trump is signaling a maximalist approach as a negotiation tactic, in a Nov. 15 op-ed for Fox News, he signaled strong support for tariffs. - “For too long, the conventional wisdom has rejected the use of tariffs as a tool of both economic and foreign policy. However, like Alexander Hamilton, we should not be afraid to use the power of tariffs to improve the livelihoods of American families and businesses.” - “Tariffs are also a useful tool for achieving the president’s foreign policy objectives. Whether it is getting allies to spend more on their own defense, opening foreign markets to U.S. exports, securing cooperation on ending illegal immigration and interdicting fentanyl trafficking, or deterring military aggression, tariffs can play a central role.” Markets Treasury secretaries have traditionally refrained from attributing market gains to the work of their bosses since that would mean taking the blame for a downturn - not to mention that the stock, currency and bond markets move for often unrelated and even inexplicable reasons. But when markets go up, Trump enjoys boasting. In a Nov. 11 op-ed in the Wall Street Journal under the headline “Markets Hail Trump’s Economics,” Bessent did the job for Trump. - “Asset prices are fickle, and long-term economic performance is the ultimate measuring stick. But recent days prove markets’ unambiguous embrace of the Trump 2.0 economic vision. Markets are signaling expectations of higher growth, lower volatility and inflation and a revitalized economy for all Americans.” - “The rally in equities was particularly unusual given that interest rates also moved higher. The combination of the steepening yield curve, stable inflation expectations and the rise in stocks indicates that markets expect the Trump agenda to foster noninflationary growth that will drive private investment.” Dollar policy It’s no secret that Trump likes the dollar’s role as the world’s reserve asset and the accompanying economic and geopolitical power. But he also wants a weak enough foreign exchange rate to buoy the U.S. manufacturing sector. The dueling forces may become a pillar of his administration’s economic agenda, and as Treasury chief, Bessent will oversee U.S. currency policy. - “The reserve currency can go up and down based on the market. I believe that if you have good economic policies, you’re naturally going to have a strong dollar.” - Oct. 13 interview in Financial Times. - “It’s a market reaction, and he understands that tariffs cause a stronger dollar, so a weaker dollar with tariffs is an economic abnormality. We could see what’s called the dollar smile. What we have now is high-interest rates and (a) high deficit and inflation above target. If you get inflation down ... interest rates could come down, and you would have a market-based dollar depreciation. But in terms of an over-weak dollar policy, I wouldn’t expect that at all.” - Nov. 5 Bloomberg TV interview. - “Trump’s election drove the largest single-day increase in the U.S. dollar in more than two years, and (the) third largest in the last decade. This is a vote of confidence in U.S. leadership internationally and in the dollar as the world’s reserve currency.” - Nov. 11 op-ed in the Wall Street Journal. Debt and taxes Bessent will also oversee management of the government’s nearly $29 trillion debt pile. He’s said Trump will aim to shrink federal budget deficits to 3% of gross domestic product, from roughly 6.2% at the end of the latest fiscal year. - “I think we’re going to do it through deregulation, energy dominance and re-privatizing the economy. ... I think a priority is going to be turning off the (Inflation Reduction Act). ... I don’t think anyone is going to have a problem with slowing down or cutting off this IRA.” - Nov. 6 interview with CNBC. - Issuing ultra-long-term bonds “would have been a great idea,” Bessent said in a June 7 Bloomberg interview. “When rates are very low, you should extend duration,” he said. “I think it’s very unfortunate what Secretary Yellen’s doing. She’s financing at the front end, and she’s making a bet on the carry trade, which is not good risk management.” Bessent will also play a key role in shepherding the extension of Trump’s signature 2017 tax cuts, many of which are set to expire in 2025. - “I’ve already been in conversations with a lot of the Republicans who will chair those committees, and I can tell you in the Republican Congress, especially in the House, there’s a big appetite for pay-fors. So it will be a negotiation.” - Nov. 6 CNBC interview. With assistance from Saleha Mohsin.AP Trending SummaryBrief at 5:52 p.m. EST
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(Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software. The Company has signed thousands of contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who selected Rimini Street as their trusted, proven mission-critical enterprise software solutions provider and achieved better operational outcomes, realized billions of US dollars in savings and funded AI and other innovation investments. To learn more, please visit , and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. 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