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Prospera Financial Services Inc Reduces Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)Home Federal Bank of Tennessee lessened its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 42.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,316 shares of the e-commerce giant’s stock after selling 971 shares during the quarter. Home Federal Bank of Tennessee’s holdings in Amazon.com were worth $245,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Amazon.com by 1.9% during the first quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant’s stock worth $141,744,609,000 after buying an additional 14,724,687 shares in the last quarter. Swedbank AB purchased a new stake in Amazon.com in the 1st quarter worth approximately $2,239,757,000. Capital World Investors raised its holdings in Amazon.com by 64.6% in the 1st quarter. Capital World Investors now owns 29,359,677 shares of the e-commerce giant’s stock valued at $5,295,899,000 after acquiring an additional 11,524,463 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Amazon.com by 8.5% during the 1st quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant’s stock worth $15,689,968,000 after purchasing an additional 6,810,145 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Amazon.com by 13,606.7% during the second quarter. Strategic Financial Concepts LLC now owns 3,932,580 shares of the e-commerce giant’s stock worth $759,971,000 after purchasing an additional 3,903,889 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock. Wall Street Analysts Forecast Growth Several research firms recently weighed in on AMZN. Loop Capital increased their target price on Amazon.com from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Jefferies Financial Group raised their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Itau BBA Securities lowered shares of Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price target for the company. in a research report on Friday, August 2nd. Truist Financial lifted their price target on shares of Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Robert W. Baird upped their price objective on Amazon.com from $213.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.77. Amazon.com Stock Performance Shares of AMZN stock opened at $197.12 on Friday. The stock has a market capitalization of $2.07 trillion, a price-to-earnings ratio of 42.21, a PEG ratio of 1.33 and a beta of 1.14. Amazon.com, Inc. has a one year low of $142.81 and a one year high of $215.90. The company’s 50-day simple moving average is $193.00 and its 200-day simple moving average is $186.31. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the business posted $0.85 EPS. Amazon.com’s quarterly revenue was up 11.0% compared to the same quarter last year. Equities analysts anticipate that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year. Insiders Place Their Bets In other news, Director Jonathan Rubinstein sold 4,766 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $209.85, for a total transaction of $1,000,145.10. Following the completion of the transaction, the director now directly owns 94,630 shares of the company’s stock, valued at approximately $19,858,105.50. This represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, SVP David Zapolsky sold 2,190 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the sale, the senior vice president now owns 62,420 shares in the company, valued at $12,171,900. The trade was a 3.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 6,011,423 shares of company stock valued at $1,249,093,896 over the last 90 days. 10.80% of the stock is owned by company insiders. Amazon.com Company Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. See Also Five stocks we like better than Amazon.com Why Are These Companies Considered Blue Chips? Vertiv’s Cool Tech Makes Its Stock Red-Hot How Investors Can Identify and Successfully Trade Gap-Down Stocks MarketBeat Week in Review – 11/18 – 11/22 Low PE Growth Stocks: Unlocking Investment Opportunities 2 Finance Stocks With Competitive Advantages You Can’t Ignore Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
By BILL BARROW, Associated Press PLAINS, Ga. (AP) — Newly married and sworn as a Naval officer, Jimmy Carter left his tiny hometown in 1946 hoping to climb the ranks and see the world. Less than a decade later, the death of his father and namesake, a merchant farmer and local politician who went by “Mr. Earl,” prompted the submariner and his wife, Rosalynn, to return to the rural life of Plains, Georgia, they thought they’d escaped. The lieutenant never would be an admiral. Instead, he became commander in chief. Years after his presidency ended in humbling defeat, he would add a Nobel Peace Prize, awarded not for his White House accomplishments but “for his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” The life of James Earl Carter Jr., the 39th and longest-lived U.S. president, ended Sunday at the age of 100 where it began: Plains, the town of 600 that fueled his political rise, welcomed him after his fall and sustained him during 40 years of service that redefined what it means to be a former president. With the stubborn confidence of an engineer and an optimism rooted in his Baptist faith, Carter described his motivations in politics and beyond in the same way: an almost missionary zeal to solve problems and improve lives. Carter was raised amid racism, abject poverty and hard rural living — realities that shaped both his deliberate politics and emphasis on human rights. “He always felt a responsibility to help people,” said Jill Stuckey, a longtime friend of Carter’s in Plains. “And when he couldn’t make change wherever he was, he decided he had to go higher.” Defying expectations Carter’s path, a mix of happenstance and calculation , pitted moral imperatives against political pragmatism; and it defied typical labels of American politics, especially caricatures of one-term presidents as failures. “We shouldn’t judge presidents by how popular they are in their day. That’s a very narrow way of assessing them,” Carter biographer Jonathan Alter told the Associated Press. “We should judge them by how they changed the country and the world for the better. On that score, Jimmy Carter is not in the first rank of American presidents, but he stands up quite well.” Later in life, Carter conceded that many Americans, even those too young to remember his tenure, judged him ineffective for failing to contain inflation or interest rates, end the energy crisis or quickly bring home American hostages in Iran. He gained admirers instead for his work at The Carter Center — advocating globally for public health, human rights and democracy since 1982 — and the decades he and Rosalynn wore hardhats and swung hammers with Habitat for Humanity. Yet the common view that he was better after the Oval Office than in it annoyed Carter, and his allies relished him living long enough to see historians reassess his presidency. “He doesn’t quite fit in today’s terms” of a left-right, red-blue scoreboard, said U.S. Transportation Secretary Pete Buttigieg, who visited the former president multiple times during his own White House bid. At various points in his political career, Carter labeled himself “progressive” or “conservative” — sometimes both at once. His most ambitious health care bill failed — perhaps one of his biggest legislative disappointments — because it didn’t go far enough to suit liberals. Republicans, especially after his 1980 defeat, cast him as a left-wing cartoon. It would be easiest to classify Carter as a centrist, Buttigieg said, “but there’s also something radical about the depth of his commitment to looking after those who are left out of society and out of the economy.” ‘Country come to town’ Indeed, Carter’s legacy is stitched with complexities, contradictions and evolutions — personal and political. The self-styled peacemaker was a war-trained Naval Academy graduate who promised Democratic challenger Ted Kennedy that he’d “kick his ass.” But he campaigned with a call to treat everyone with “respect and compassion and with love.” Carter vowed to restore America’s virtue after the shame of Vietnam and Watergate, and his technocratic, good-government approach didn’t suit Republicans who tagged government itself as the problem. It also sometimes put Carter at odds with fellow Democrats. The result still was a notable legislative record, with wins on the environment, education, and mental health care. He dramatically expanded federally protected lands, began deregulating air travel, railroads and trucking, and he put human rights at the center of U.S. foreign policy. As a fiscal hawk, Carter added a relative pittance to the national debt, unlike successors from both parties. Carter nonetheless struggled to make his achievements resonate with the electorate he charmed in 1976. Quoting Bob Dylan and grinning enthusiastically, he had promised voters he would “never tell a lie.” Once in Washington, though, he led like a joyless engineer, insisting his ideas would become reality and he’d be rewarded politically if only he could convince enough people with facts and logic. This served him well at Camp David, where he brokered peace between Israel’s Menachem Begin and Epypt’s Anwar Sadat, an experience that later sparked the idea of The Carter Center in Atlanta. Carter’s tenacity helped the center grow to a global force that monitored elections across five continents, enabled his freelance diplomacy and sent public health experts across the developing world. The center’s wins were personal for Carter, who hoped to outlive the last Guinea worm parasite, and nearly did. As president, though, the approach fell short when he urged consumers beleaguered by energy costs to turn down their thermostats. Or when he tried to be the nation’s cheerleader, beseeching Americans to overcome a collective “crisis of confidence.” Republican Ronald Reagan exploited Carter’s lecturing tone with a belittling quip in their lone 1980 debate. “There you go again,” the former Hollywood actor said in response to a wonky answer from the sitting president. “The Great Communicator” outpaced Carter in all but six states. Carter later suggested he “tried to do too much, too soon” and mused that he was incompatible with Washington culture: media figures, lobbyists and Georgetown social elites who looked down on the Georgians and their inner circle as “country come to town.” A ‘leader of conscience’ on race and class Carter carefully navigated divides on race and class on his way to the Oval Office. Born Oct. 1, 1924 , Carter was raised in the mostly Black community of Archery, just outside Plains, by a progressive mother and white supremacist father. Their home had no running water or electricity but the future president still grew up with the relative advantages of a locally prominent, land-owning family in a system of Jim Crow segregation. He wrote of President Franklin Roosevelt’s towering presence and his family’s Democratic Party roots, but his father soured on FDR, and Jimmy Carter never campaigned or governed as a New Deal liberal. He offered himself as a small-town peanut farmer with an understated style, carrying his own luggage, bunking with supporters during his first presidential campaign and always using his nickname. And he began his political career in a whites-only Democratic Party. As private citizens, he and Rosalynn supported integration as early as the 1950s and believed it inevitable. Carter refused to join the White Citizens Council in Plains and spoke out in his Baptist church against denying Black people access to worship services. “This is not my house; this is not your house,” he said in a churchwide meeting, reminding fellow parishioners their sanctuary belonged to God. Yet as the appointed chairman of Sumter County schools he never pushed to desegregate, thinking it impractical after the Supreme Court’s 1954 Brown v. Board decision. And while presidential candidate Carter would hail the 1965 Voting Rights Act, signed by fellow Democrat Lyndon Johnson when Carter was a state senator, there is no record of Carter publicly supporting it at the time. Carter overcame a ballot-stuffing opponent to win his legislative seat, then lost the 1966 governor’s race to an arch-segregationist. He won four years later by avoiding explicit mentions of race and campaigning to the right of his rival, who he mocked as “Cufflinks Carl” — the insult of an ascendant politician who never saw himself as part the establishment. Carter’s rural and small-town coalition in 1970 would match any victorious Republican electoral map in 2024. Once elected, though, Carter shocked his white conservative supporters — and landed on the cover of Time magazine — by declaring that “the time for racial discrimination is over.” Before making the jump to Washington, Carter befriended the family of slain civil rights leader Martin Luther King Jr., whom he’d never sought out as he eyed the governor’s office. Carter lamented his foot-dragging on school integration as a “mistake.” But he also met, conspicuously, with Alabama’s segregationist Gov. George Wallace to accept his primary rival’s endorsement ahead of the 1976 Democratic convention. “He very shrewdly took advantage of his own Southerness,” said Amber Roessner, a University of Tennessee professor and expert on Carter’s campaigns. A coalition of Black voters and white moderate Democrats ultimately made Carter the last Democratic presidential nominee to sweep the Deep South. Then, just as he did in Georgia, he used his power in office to appoint more non-whites than all his predecessors had, combined. He once acknowledged “the secret shame” of white Americans who didn’t fight segregation. But he also told Alter that doing more would have sacrificed his political viability – and thus everything he accomplished in office and after. King’s daughter, Bernice King, described Carter as wisely “strategic” in winning higher offices to enact change. “He was a leader of conscience,” she said in an interview. Rosalynn was Carter’s closest advisor Rosalynn Carter, who died on Nov. 19 at the age of 96, was identified by both husband and wife as the “more political” of the pair; she sat in on Cabinet meetings and urged him to postpone certain priorities, like pressing the Senate to relinquish control of the Panama Canal. “Let that go until the second term,” she would sometimes say. The president, recalled her former aide Kathy Cade, retorted that he was “going to do what’s right” even if “it might cut short the time I have.” Rosalynn held firm, Cade said: “She’d remind him you have to win to govern.” Carter also was the first president to appoint multiple women as Cabinet officers. Yet by his own telling, his career sprouted from chauvinism in the Carters’ early marriage: He did not consult Rosalynn when deciding to move back to Plains in 1953 or before launching his state Senate bid a decade later. Many years later, he called it “inconceivable” that he didn’t confer with the woman he described as his “full partner,” at home, in government and at The Carter Center. “We developed a partnership when we were working in the farm supply business, and it continued when Jimmy got involved in politics,” Rosalynn Carter told AP in 2021. So deep was their trust that when Carter remained tethered to the White House in 1980 as 52 Americans were held hostage in Tehran, it was Rosalynn who campaigned on her husband’s behalf. “I just loved it,” she said, despite the bitterness of defeat. Reevaluating his legacy Fair or not, the label of a disastrous presidency had leading Democrats keep their distance, at least publicly, for many years, but Carter managed to remain relevant, writing books and weighing in on societal challenges. He lamented widening wealth gaps and the influence of money in politics. He voted for democratic socialist Bernie Sanders over Hillary Clinton in 2016, and later declared that America had devolved from fully functioning democracy to “oligarchy.” Yet looking ahead to 2020, with Sanders running again, Carter warned Democrats not to “move to a very liberal program,” lest they help re-elect President Donald Trump. Carter scolded the Republican for his serial lies and threats to democracy, and chided the U.S. establishment for misunderstanding Trump’s populist appeal. He delighted in yearly convocations with Emory University freshmen, often asking them to guess how much he’d raised in his two general election campaigns. “Zero,” he’d gesture with a smile, explaining the public financing system candidates now avoid so they can raise billions. Carter still remained quite practical in partnering with wealthy corporations and foundations to advance Carter Center programs. Carter recognized that economic woes and the Iran crisis doomed his presidency, but offered no apologies for appointing Paul Volcker as the Federal Reserve chairman whose interest rate hikes would not curb inflation until Reagan’s presidency. He was proud of getting all the hostages home without starting a shooting war, even though Tehran would not free them until Reagan’s Inauguration Day. “Carter didn’t look at it” as a failure, Alter emphasized. “He said, ‘They came home safely.’ And that’s what he wanted.” Well into their 90s, the Carters greeted visitors at Plains’ Maranatha Baptist Church, where he taught Sunday School and where he will have his last funeral before being buried on family property alongside Rosalynn . Carter, who made the congregation’s collection plates in his woodworking shop, still garnered headlines there, calling for women’s rights within religious institutions, many of which, he said, “subjugate” women in church and society. Carter was not one to dwell on regrets. “I am at peace with the accomplishments, regret the unrealized goals and utilize my former political position to enhance everything we do,” he wrote around his 90th birthday. Pilgrimages to Plains The politician who had supposedly hated Washington politics also enjoyed hosting Democratic presidential contenders as public pilgrimages to Plains became advantageous again. Carter sat with Buttigieg for the final time March 1, 2020, hours before the Indiana mayor ended his campaign and endorsed eventual winner Joe Biden. “He asked me how I thought the campaign was going,” Buttigieg said, recalling that Carter flashed his signature grin and nodded along as the young candidate, born a year after Carter left office, “put the best face” on the walloping he endured the day before in South Carolina. Never breaking his smile, the 95-year-old host fired back, “I think you ought to drop out.” “So matter of fact,” Buttigieg said with a laugh. “It was somehow encouraging.” Carter had lived enough, won plenty and lost enough to take the long view. “He talked a lot about coming from nowhere,” Buttigieg said, not just to attain the presidency but to leverage “all of the instruments you have in life” and “make the world more peaceful.” In his farewell address as president, Carter said as much to the country that had embraced and rejected him. “The struggle for human rights overrides all differences of color, nation or language,” he declared. “Those who hunger for freedom, who thirst for human dignity and who suffer for the sake of justice — they are the patriots of this cause.” Carter pledged to remain engaged with and for them as he returned “home to the South where I was born and raised,” home to Plains, where that young lieutenant had indeed become “a fellow citizen of the world.” —- Bill Barrow, based in Atlanta, has covered national politics including multiple presidential campaigns for the AP since 2012.
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Memphis beats No. 2 UConn 99-97 in overtime to tipoff Maui Invitational LAHAINA, Hawaii (AP) — Tyrese Hunter scored 17 of his 26 points after halftime to lead Memphis to a 99-97 overtime win against two-time defending national champion and second-ranked UConn in the first round of the Maui Invitational. Hunter shot 7 of 10 from 3-point range for the Tigers, who were 12 of 22 from beyond at the arc as a team. PJ Haggerty had 22 points and five assists, Colby Rogers had 19 points and Dain Dainja scored 14. Tarris Reed Jr. had 22 points and 11 rebounds off the bench for the Huskies. Alex Karaban had 19 points and six assists, and Jaylin Stewart scored 16. Judge rejects request to sideline a San Jose State volleyball player on grounds she’s transgender A judge has rejected a request to block a San Jose State women’s volleyball team member from playing in a conference tournament on grounds that she’s transgender. Monday’s ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player to continue competing in the Mountain West Conference women’s championship in Las Vegas this week. His order also upholds the seedings and pairings in the tournament. The ruling comes after a lawsuit was filed by nine current players against the Mountain West Conference challenging the league’s policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. Pitcher Yusei Kikuchi and Los Angeles Angels agree to a $63 million, 3-year contract, AP source says A person familiar with the negotiations tells The Associated Press left-hander Yusei Kikuchi and the Los Angeles Angels have agreed to a $63 million, three-year contract. The person spoke on condition of anonymity because the deal, first reported by the New York Post, was subject to a successful physical. An All-Star with Seattle in 2021, Kikuchi was 9-10 with a 4.05 ERA this year for Toronto and Houston, which acquired him on July 30. Kikuchi was 5-1 with a 2.70 ERA in 10 starts with the Astros. He is 41-47 with a 4.57 ERA in six seasons. Conference title games a chance at a banner, bragging rights and, for some, a season-wrecking loss Indiana should be able to breathe easy. The Hoosiers have very little chance of making it to the Big Ten championship game. In the Southeastern Conference, Georgia has a spot in the league title game but with that comes a lot of worry. Conference title games give teams a chance to hang a banner, but for national title contenders it is an additional chance for a season-wrecking loss — even with an expanded 12-team College Football Playoff field. US goalkeeper Alyssa Naeher is retiring from international soccer U.S. women’s national team goalkeeper Alyssa Naeher is retiring from international soccer. Naeher is on the team’s roster for a pair of upcoming matches in Europe but those will be her last after a full 11 years playing for the United States. Naeher was on the U.S. team that won the Women’s World Cup in 2019 and the gold medal at this year's Olympics in France. She’s the only U.S. goalkeeper to earn a shutout in both a World Cup and an Olympic final. Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season LAS VEGAS (AP) — Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General Motors. The approval ends years of wrangling that launched a federal investigation into why Colorado-based Liberty Media, would not approve the team initially started by Michael Andretti, who has since stepped aside. The 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. UCLA moves up to No. 1 in AP Top 25 women's basketball poll for first time in history UCLA has earned the school's first No. 1 ranking in in The Associated Press Top 25 women's basketball poll. The Bruins knocked off the previous top team, South Carolina, which had held the No. 1 spot for the previous 23 polls. UCLA moved up four spots. UConn remained No. 2. Notre Dame pulled off its own upset, beating then-No. 3 USC and moving up to third. South Carolina dropped to fourth, Texas is fifth and USC fell to sixth. Iowa is in the poll for the first time in the post-Caitlin Clark era, coming in at No. 22. Raiders quarterback Gardner Minshew is out for the season with a broken collarbone HENDERSON, Nev. (AP) — Las Vegas Raiders coach Antonio Pierce said Monday that quarterback Gardner Minshew is out for the rest of the season with a broken collarbone. Pierce said Aidan O’Connell is on injured reserve with a broken thumb. He could be available to start when the Raiders visit the Kansas City Chiefs on Friday. The Raiders also could turn to Desmond Ridder. He replaced Minshew when he was injured late in Sunday’s 29-19 loss to the Denver Broncos. Kansas stays at No. 1 ahead of showdown vs. No. 11 Duke; Ole Miss, Mississippi St back in AP Top 25 Kansas remained solidly entrenched at No. 1 in the AP Top 25 men’s college basketball poll ahead of its showdown with Duke in Las Vegas. The Jayhawks received 51 of 62 first-place votes from the national panel of media, putting them well ahead of two-time reigning national champion UConn, which was second with six first-place votes. Gonzaga was third with two first-place votes, Auburn was next with three, and Iowa State rounded out a top five that was unchanged from the previous week. Xavier, Ole Miss and Mississippi State entered the poll at the expense of Illinois, St. John's and Rutgers. Wake up the ghosts! Texas, Texas A&M rivalry that dates to 1894 is reborn AUSTIN, Texas (AP) — Any Texas or Texas A&M player who grew up in the state has heard the lore of the rivalry between the two schools, a grudge match that dates to 1894. But for more than a decade it has been only ghostly memories of great games and great plays made by heroes of the distant past. That changes this week when one of college football’s great rivalries is reborn after a 12-year hiatus. Third-ranked Texas plays at No. 20 Texas A&M with a berth in the conference championship game on the line.(The Center Square) – The State Board of Education (SBOE) on Friday approved the Texas Education Agency’s (TEA) proposal for Texas’ state-owned textbooks, known as Bluebonnet Learning. It passed by a vote of 8-7. It includes new Mathematics curriculum for K-8 students, new Language Arts material for K-5 students and additional instructional support for teachers. Gov. Greg Abbott lauded the vote, saying, “The passage of Bluebonnet Learning is a critical step forward to bring students back to the basics of education and provide the best education in the nation.” He also notes that the materials are voluntary and free for use. Parents and the public are able to access the materials at tea.texas.gov/bluebonnet . The “transformative educational materials ... will ensure young Texans have access to high-quality, grade-level appropriate curricula that will provide the necessary fundamentals in math, reading, science, and other core subjects and boost student outcomes across Texas,” Abbott said. The new curriculum stems from HB 1605, filed in 2023 by state Rep. Brad Buckley, R-Killeen, which passed the legislature and Abbott signed into law. It requires the TEA to provide Open Education Resources (OER) textbooks for core subjects, including reading and math for Pre-K to 8th grade. It also directed the TEA to appoint an advisory board to ensure the materials are high quality and compliant with state standards. The materials were subject to approval by the SBOE. The curriculum is voluntary, but school districts will receive additional funding if they use them. If they opt-in to use Bluebonnet Learning, a second stream of additional funding will be made available to defray printing costs. Abbott said in May when the materials were made available for public review that they will “provide the necessary fundamentals in math, reading, science, and other core subjects” and “allow our students to better understand the connection of history, art, community, literature, and religion on pivotal events like the signing of the U.S. Constitution, the Civil Rights Movement, and the American Revolution,” The Center Square reported . Of the several issues opponents criticized, chief among them is proposed curriculum in the Language Arts material related to Christianity and the Bible. Sign up to get our free daily email of the biggest stories! The American Federation of Teachers-Texas Chapter also took issue with additional state funding only being made available to school districts that opt-in, arguing the process is unethical and violates educational standards. “Every educator in this state agrees to a Code of Ethics . Among the standards we are expected to uphold by the state of Texas is that we shall not exclude a student from participation in a program, deny benefits to a student, or grant an advantage to a student on the basis of race, color, gender, disability, national origin, religion, family status, or sexual orientation,” AFT-Texas Chapter President Zeph Capo said . “Texas has a way of forcing us to violate this standard, usually about the time that the Legislature ends its session and the governor puts his pen to the signature line of so many counterproductive, detrimental bills. Today, though, it is the State Board of Education that has put us in the position of defying our Code of Ethics once more. “On Nov. 22, in a close vote that crossed party lines and was separated only by a last-minute political appointee, the SBOE voted to approve Bluebonnet Learning materials as curriculum resources for Texas public school districts.” Capo also said the materials “are not just inappropriate – they’re bad at what they proclaim to do. Instructional experts have expressed deep concerns about the age-appropriateness of the materials and whether they will be effective reading instruction.” The vote was held after significant public input. On Monday, more than 150 people signed up to testify before the board about the curriculum. On Tuesday, board members took a preliminary vote, 8-7, indicating it had enough votes to adopt the curriculum. This is after thousands weighed in after the material was made public in May. “A highly transparent, three-month public feedback period began in May 2024, giving the public an opportunity to review and offer comments on the proposed materials. The SBOE also welcomed several hours of public testimony at its September meeting where additional feedback on the product was received. TEA used these comments and feedback to further refine, edit and ready the product for final submission as part of the SBOE’s Instructional Materials Review and Approval (IMRA) process - ensuring the materials are aligned with state standards and values,” the TEA explains. “The branding of Bluebonnet Learning began with feedback from teachers and parents seeking a clear, distinctive name to make the materials easier to recognize for educators and school systems. Bluebonnet Learning materials are Texas Open Education Resources (OER), meaning they are owned by the state, made available free to anyone, and can be modified over time to make them better for students and teachers.”
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NEW YORK (AP) — Juan Soto appears on a timetable to decide on where to sign either before or during baseball's winter meetings in Dallas, which run from Dec. 8-12. Soto met with the New York Yankees, New York Mets, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays, a person familiar with the negotiations said last week, speaking to The Associated Press on condition of anonymity because details were not announced. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
NEW YORK (AP) — Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.NEWCASTLE, England (AP) — Newcastle’s winning run in the English Premier League came to an abrupt end when goals from Thomas Souček and Aaron Wan-Bissaka gave West Ham a surprise 2-0 win at St. James’ Park on Monday. The Hammers rose into 14th place and the pressure on coach Julen Lopetegui was eased. The London club has been inconsistent all season and Monday’s win was just its fourth in 12 league games. West Ham was worth the win in the end but the three points came courtesy of slack defending by the home side. Emerson whipped in an out-swinging corner after 10 minutes and, with Newcastle defenders rooted to the spot, Souček stole in to nod home the opener. Then eight minutes into the second half, captain Jarrod Bowen found Wan-Bissaka in the penalty box and he was left unchallenged and had time to fire an angled drive past Nick Pope. Newcastle brought on Harvey Barnes, and then Callum Wilson returned from a long-term back injury to make his first appearance of the season but to no avail. The defeat ended a three-game winning streak for Newcastle and left the Saudi Arabia-owned club in ninth place, four points outside the top four. AP soccer: https://apnews.com/hub/soccerMark Few likes No. 3 Gonzaga's toughness after win over future Pac-12 'partner' SDSU
President-elect Donald Trump ‘s second term could provide for-profit prisons an economic and regulatory boon amid Trump’s plans to deport people living in the country illegally . Private Prisons: Corecivic Inc CXW and Geo Group Inc GEO are the two largest private prison operators in the United States. Geo Group owns 50 facilities and 64,502 beds across the U.S. concentrated in the South and Southwest. In 2023, CoreCivic operated 43 facilities with approximately 65,000 beds, according to company filings. The facilities include migrant detention centers and minimum-to-medium security prisons. Private prisons are a topic of debate given their for-profit nature and alleged human rights abuses. According to the University of Chicago Law School, labor conditions in private prisons are poor. The majority of prisoners are forced to work, often for wages under a dollar per hour, or face solitary confinement or loss of visitation rights. The report found that prisoners produce at least $2 billion annually in goods and over $9 billion in maintenance services. In August 2016, then-President Barack Obama announced a plan to reduce and eliminate the use of private prisons in the U.S. Following Trump’s inauguration for his first term in 2017, Attorney General Jeff Sessions rescinded Obama’s memorandum, saying the decision “impaired the Bureau’s ability to meet the future needs of the federal correctional system.” The stock prices of Geo and CoreCivic subsequently rallied over 30%. As of July 2024, there were 662,566 “noncitizens” with criminal histories on ICE's national docket, which includes those detained by ICE and on the agency's non-detained docket. Of those, 435,719 are convicted criminals and 226,847 have pending criminal charges. Trump’s Immigration Plan: Future immigration enforcement, an issue Trump made central to his 2016, 2020, and 2024 campaigns, would require detention centers, perhaps operated by Geo and CoreCivic. The ACLU found in 2023 that over 90% of migrants detained by ICE were held in privately owned facilities. In a CNN interview , Tom Homan , Trump’s incoming border czar, said the government needs a minimum of 100,000 beds to carry out Trump’s immigration plan. This represents a more than 100% increase over current capacity. He also elaborated on the extent to which Trump will carry out deportation. "I don't have a number. We want to arrest as many people as we can that are in the country illegally," Homan said. "If you're here illegally, you're not off the table. It's a violation of the law; it's a crime to enter this country illegally." The American Immigration Council, a pro-immigration advocacy group, says there were around 11 million people living in the U.S. illegally in 2022, roughly 3% of the country’s population. The council estimates that a deportation plan would cost at least $315 billion. Why it Matters: Geo Group and CoreCivic also appear to be preparing for the future demand for detention centers. On Dec. 16, Geo Group announced a $70 million capital expenditure plan to expand ICE service capabilities. In September, short-seller Andrew Left called Geo Group the “default play” for a Trump presidency given his positions on immigration enforcement. The market at large also seems convinced. Geo Group’s stock has risen over 86% since election day, while CoreCivic’s stock has risen over 58%. Also Read: El Erian Explains Why US Economy Is ‘Likely To Continue Outperforming Other Major Economies In 2025’ Photo via Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.