VANCOUVER - The first commercial batch of made-in-Canada low-carbon aviation fuel sourced from non-food grade canola and tallow has been produced and quickly purchased. Fuel retailer Parkland Corp. said Tuesday it has successfully produced about 100,000 litres of the fuel at its refinery in Burnaby, B.C. “using existing infrastructure.” Parkland senior vice-president Ferio Pugliese said it means production can easily be scaled up, but only if Canada provides the necessary conditions to create an ecosystem around the nascent commodity and its adoption across the country. “We need to do more to make low-carbon air travel a reality,” Pugliese said during the announcement in Vancouver on Tuesday. “We need a long-term Canadian solution for low-carbon, sustainable aviation fuel.” While the potential for emission reduction is massive production in Canada is also significantly more expensive, Pugliese said. He notes that similar low-carbon fuels used in vehicles, buses and ferries have about one-eighth of the carbon content when compared to traditional fuels. Pugliese said other countries such as the United States incentivize production and use of low-carbon jet fuel, creating the necessary ecosystem to support a local industry. “Currently, the Canadian aviation industry purchases low-carbon aviation (fuel) from other countries and imports it from across the globe into Canada. That makes little sense.” Parkland began trying to develop the fuel in 2017, and the entire batch of the first production run has already been bought by Air Canada. Pugliese said the purchase of the fuel by Air Canada completes a value chain within the country that shows local development, production, sale and use of low-carbon jet fuel can be achieved to the benefit of everyone — but only if the support from government is there. “Airlines need very practical solutions, and today, right here in B.C., Parkland has created a made-in-Canada solution to a global challenge,” he said. The comments echoed that of WestJet CEO Alexis von Hoensbroech, who in 2023 said the global push for decarbonizing commercial aviation by 2050 will cause spikes in airfares unless governments intervene. Part of the challenge, von Hoensbroech said, is that alternative energy sources such as electric or hydrogen aircraft remains a long way from reality, making the sector difficult to decarbonize. In February, a pair of industry groups, including the National Airlines Council of Canada, said the country needed incentives matching that of the United States to spark production of sustainable aviation fuels. Commercial aviation giant Airbus has said that low-carbon jet fuel can reduce carbon-dioxide emissions by about 80 per cent, and development is ongoing for planes to be able to run completely on it instead of needing to mix it with conventional fuels. But Airbus also said the ecosystem for the fuel is still “in its infancy,” with just 600 million litres produced last year, making up 0.2 per cent of all aviation fuel for 2023. “Appropriate regulatory mechanisms and inventive structures still need to be put in place, and even then, there are challenges associated with the limited availability of land and biowaste,” Airbus said of the technology on its website. Airbus has said it is increasing its own use of low-carbon fuels with a goal of reaching 30 per cent of its total fuel mix by 2030. This report by The Canadian Press was first published Dec. 10, 2024.
Qatar tribune Tribune News Network Kuwait City Fans would be in for a real treat on Wednesday night when Group B leaders Bahrain take on reigning champions Iraq at the 26th Arabian Cup, according to Bahrain’s charismatic coach Dragan Talajic. Bahrain share the top spot with Iraq after both won their opening ties on Saturday, but their dramatic 3-2 win over Saudi Arabia caught the eye of fans with the coach promising more thrills-and-spills at the Jaber Al Ahmed International Stadium. “We have monitored the Iraq team,” said Talajic at the pre-match press conference held at the Crowne Plaza. “I have full respect to them and they very well organised. A very good team who I have watched and analysed many times. I wish them well for the World Cup, but not for here! “We are preparing in the best way. It will be very difficult but, honestly, but I can trust my boys. God willing, we will recover quickly because the game against Saudi Arabia was very tough mentally and physically. But we will play nice football, as will Iraq, so it will be good for the fans to watch.” Talajic said that the last 20 minutes against Saudi Arabia showed the mental toughness of his team and said it was an aspect they had worked hard on in preparation for Iraq. “We are ready for everything,” he said. “I believe in my boys. We are mentally very strong. We know Iraq is a very good team and I respect the team, the people, the country. They will have big support, but we are Bahraini with a big heart. You will see it tomorrow.” Casas calls for fans’ support for Iraq Meanwhile, Iraq coach Jesus Casas has called for unity ahead of his side’s crucial match against Bahrain. Iraq share top spot with Bahrain after both sides won their opening games on Saturday night, but Iraq’s narrow 1-0 win over Yemen drew criticism from Iraq’s fans and media, who singled out full back Mustafa Sadoon in particular. “It is easy to be a man sitting in the TV and criticising,” said Casas at the pre-match press conference on Tuesday. “Mustafa makes one mistake and he gets so much criticism through social media which is not fair. It will just make the player nervous going into the pitch next. All players make a mistake, even at Real Madrid and Argentina. It’s a shame in my opinion. “Mustafa will be playing tomorrow night along with 10 other players.” Casas called for the nation to get behind the national team as they bid to retain the cup that they won at home two years ago, and said he expects criticism no matter what his tactics whenever his team loses or underperforms. “When we won seven matches consecutively by changing the line-ups, no-one complained,” he said. “If we lose tomorrow with different players they will complain. If we use the same line-up and lose they will again criticise, so it is the same. “I am proud to coach Iraq. I feel like the Iraqi people. I will be the happiest man in the world if we win this tournament and if we go the World Cup. We are so far from our families at this time of year (Christmas), because we are fighting for Iraq.” Casas said their focus has been on player recovery and video analysis of Bahrain in the build-up to tomorrow’s encounter, with a win for either team guaranteeing a place in the semi-finals with one match to play. “We have a very similar style and players to Bahrain. I hope to win. The match will be high quality and good for the spectator to see.” The match kicks off at 8.30pm at the Jaber Al Ahmad International Stadium. Copy 25/12/2024 10Key details about the man accused of killing of UnitedHealthcare's CEOHailee Steinfeld is a critically acclaimed actress who gained recognition with her Oscar-nominated performance in True Grit . She’s also known for her roles in the popular Pitch Perfect franchise and the Marvel series Hawkeye . In the past, Hailee has dated One Direction singer Niall Horan and influencer Cameron Smoller. Hailee was spotted spending time with Buffalo Bills QB Josh Allen in May 2023. Hailee Steinfeld has already starred in a wide variety of popular franchises, and her fame is only increasing. The 27-year-old actress first gained widespread attention with her Oscar-nominated role in the 2010 film True Grit , and since then, she’s become a household name. She’s appeared in major films like Transformers: Bumblebee , starred in the Pitch Perfect franchise, and joined the Marvel Cinematic Universe with her role in Hawkeye on Disney+. Additionally, Steinfeld played the title character in the Apple TV+ series Dickinson . As a beloved actress and hitmaker, Steinfeld’s relationships have also attracted public attention. Over the years, she’s been linked to a few major stars, but since 2023, she’s been in a relationship with Buffalo Bills quarterback Josh Allen . Find out more about Steinfeld’s relationship with her now-fiancé and her past romances here! Josh Allen, 28 Allen and Steinfeld were first seen together on May 26, 2023, sparking dating rumors when they were spotted in New York City, where they appeared to be on a date . While Allen seemed affectionate with Steinfeld, it wasn’t immediately clear if they were officially dating. Although Steinfeld typically keeps her personal life private , a source close to her told PEOPLE in June 2023 that they were “getting to know each other.” Another insider shared that they were “having fun” in May. Just two months after their initial sighting, Steinfeld and Allen were photographed kissing while vacationing together in Mexico over the Fourth of July weekend. Allen has been a Buffalo Bills player since 2018. After his first season, he was named team captain in 2019. He has been the starting QB ever since, leading the Bills to impressive seasons and earning two Pro Bowl selections. He also showed tremendous support for his teammate Damar Hamlin following his terrifying on-field collapse in early 2023. Before being spotted with Steinfeld, Allen had been in a relationship with former college cheerleader Brittany Williams from 2015 to 2023. In 2024, Steinfeld demonstrated her support for Allen throughout the NFL season as their relationship remained strong. That October, the two dressed in matching Halloween costumes as ringmasters, hosting their own Halloween party, which they called “Josh & Hailee’s Circus Showdown.” Steinfeld shared photos of the event on social media . A post shared by Josh Allen (@joshallenqb) On Nov. 30, the couple announced their engagement, sharing a photo on Instagram of Allen on one knee, proposing amidst candles and framed by a large flower-covered arch. The caption hinted that the proposal took place a little over a week prior, on Nov. 22, with the date “♾️ 11•22•24 ♾️.” Niall Horan, 31 Years before she was spotted with Allen, Steinfeld had a brief romance with former One Direction member Niall Horan . Relationship rumors about the actress dating the “Slow Hands” singer were first started in early 2018. While Steinfeld said she wanted to keep her relationship “private” in a January 2018 interview with Us Weekly , the pair were spotted kissing while out together in August of that year. Unfortunately, the pair ended up breaking up that December. A year after their split, Steinfeld did release a song reflecting on the breakup with the title “Wrong Direction,” seeming to reference her ex’s boy band past . The song goes into the “gut-wrenching” breakup between the two. “I just hate all the hurt that you put me through,” she sings at one point. Cameron Smoller, 27 A post shared by @cameronsmoller Steinfeld’s first public romance was with influencer Cameron Smoller . The pair made their red carpet debut in 2017 at an event for the Golden Globes, per Us Weekly . They ended up splitting later that year. Besides being an influencer, Smoller is also the Chief of Staff for the media company Gamma, per his LinkedIn .
ASML Lead Plaintiff Deadline Approaching – Contact Robbins LLP for Information About the Class ...Oncternal Therapeutics (NASDAQ:ONCT) Research Coverage Started at StockNews.comAston Villa’s impressive Champions League debut continued as they strengthened their chances of automatic qualification to the last 16 after a 3-2 win at RB Leipzig. Ross Barkley’s 85th-minute winner gave them victory after they had twice squandered the lead in Germany. John McGinn and Jhon Duran goals at the start of each half were cancelled out by Lois Openda and Christoph Baumgartner. But Barkley had the final say less than two minutes after coming off the bench as his deflected effort earned the points which sent his side third in the new Champions League league phase. The top eight automatically qualify for the next stage and with games against Monaco and Celtic to come, Unai Emery’s men are a good bet to avoid the need for a play-off round in their first foray in this competition. Leipzig are out, having lost all six of their games. Villa enjoyed a dream start and were ahead with less than three minutes on the clock. Matty Cash, playing in a more advanced position on the right, crossed for Ollie Watkins, who nodded down into the path of McGinn and the skipper made no mistake from close range. That gave the visitors confidence and they had enough chances in the first 15 minutes to have the game wrapped up. Lucas Digne’s cross from the left was begging to be converted but Watkins could not make contact from close range and then Morgan Rogers shot straight at Leipzig goalkeeper Peter Gulacsi. Then Youri Tielemans found himself with time and space on the edge of the area from Watkins’ tee-up but the Belgium international disappointingly dragged wide. All that good work was undone in the 27th minute, though, as Emiliano Martinez was left red-faced. The Argentinian was too casual waiting to collect Nicolas Seiwald’s long ball and Openda nipped in to get the ball first and tap into an empty net. — Aston Villa (@AVFCOfficial) Duran was introduced at the break and needed just a couple of minutes to fire a warning when he drilled wide after a loose ball fell to him 14 yards out. But the Colombian got his goal in the 52nd minute, though it was another moment for the goalkeeper to forget. Duran was invited to drive forward and unleashed a 25-yard shot, which was hardly an Exocet, but still was too much for Gulacsi, who barely even jumped. It was his 10th goal of the season and sixth from the bench as he continues his super-sub role. 😍 — Aston Villa (@AVFCOfficial) The striker was not complaining and he thought he had doubled his tally shortly after when he converted Cash’s centre but the provider was ruled offside by VAR. Five minutes later, Villa found themselves pegged back again with a finish of real quality. Openda was sent clear by another long ball and his cross was perfect for Baumgartner to cushion a far-post volley back across goal and into the corner. Digne brought a save out of Gulacsi and then Openda shot straight at Martinez as both sides pushed for a winner. It was Villa who got it as Barkley saw his deflected effort wrong-foot Gulacsi and hit the back of the net.Celebrities can spark change when they speak up about their health
SANTA ANA, Calif., Dec. 13, 2024 (SEND2PRESS NEWSWIRE) — In a groundbreaking move for the property management and inspection industry, DrBalcony ( drbalcony.com ) introduces its cutting-edge app, a pioneering digital platform designed to revolutionize the balcony inspection process. This innovative tool empowers homeowners, property managers, and Homeowner Associations (HOAs) with a streamlined, intuitive experience, eliminating inefficiencies and redefining how inspections are managed. With a user-friendly interface and advanced features, the DrBalcony App transforms what was once a complex, time-consuming process into one that is seamless and efficient. Users can now obtain instant quotes, create and manage projects, and schedule inspections—all with just a few taps on their devices. “At DrBalcony, we are passionate about reimagining property management through technology,” said Greg, VP of Sales of DrBalcony. “The app reflects our dedication to simplifying inspections while upholding safety and compliance standards. With over 2,500 inspections completed, we’re proud to offer a solution that sets a new benchmark for convenience and reliability.” FEATURES THAT SET THE DRBALCONY APP APART Instant Quotes: Receive transparent, accurate pricing for inspections without waiting days for a response. Project Management Made Simple: Track, manage, and oversee your inspection projects effortlessly from start to finish. Hassle-Free Scheduling: Book inspections at a time that works best for you—no back-and-forth emails or phone calls required. The DrBalcony App is tailored to meet the specific needs of California property owners, offering features designed to ensure the integrity of balcony structures while making compliance with state laws like SB 721 and SB 326 more accessible than ever. Learn more: https://drbalcony.com/services/ A SOLUTION BACKED BY REAL RESULTS “For years, the balcony inspection process has been frustrating and inefficient,” shared Omid, CEO of DrBalcony. “This app eliminates unnecessary complications. From instant quotes to straightforward scheduling, it’s a game-changer.” DOWNLOAD THE DRBALCONY APP TODAY The DrBalcony App is now available for download and marks a significant leap forward in property management. By addressing common pain points in the inspection process, DrBalcony ensures peace of mind for property owners, engineers, and HOAs, all while maintaining safety and compliance with California’s strict balcony safety regulations . About DrBalcony: DrBalcony leverages innovative technology to enhance balcony inspection, focusing on efficiency, safety, and customer-centric solutions. With a mission to simplify the complex, DrBalcony has become a trusted name in the balcony inspection industry, ensuring compliance and safety standards are met with ease. Learn more: https://drbalcony.com/ . Your property’s safety has never been simpler—download the DrBalcony App today! NEWS SOURCE: DrBalcony Keywords: Real Estate, DrBalcony, Balcony Inspections, home inspection, safety, app, solution, service, SB 326, SB 721, SANTA ANA, Calif. This press release was issued on behalf of the news source (DrBalcony) who is solely responsibile for its accuracy, by Send2Press® Newswire . Information is believed accurate but not guaranteed. Story ID: S2P122836 APDF15TBLLI To view the original version, visit: https://www.send2press.com/wire/drbalcony-app-redefines-balcony-inspections-with-unparalleled-efficiency/ © 2024 Send2Press® Newswire, a press release distribution service, Calif., USA. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.Maryland lawmakers float solutions to $2.7 billion budget crunch
The State of Networking in 2025: An Insider Perspective
Trump says he'll nominate Kash Patel as FBI director to remake the agency. Here's what happens next
Hyderabad: Karachi Bakery in Hyderabad, renowned for its irresistible delicacies, has earned a stellar reputation not just in India but worldwide. Recently, it secured a spot on Taste Atlas’ list of the 100 most legendary dessert places worldwide. The bakery’s signature fruit biscuits have captured hearts for decades and now enjoy international acclaim. Taste Atlas, a highly regarded travel and food guide, ranked these delightful biscuits as the 28th best dessert globally. Known for their unique texture and the perfect blend of sweet and fruity flavors, these biscuits are a staple in homes across Hyderabad. Established in 1953 at the iconic Moazzam Jahi Market, Karachi Bakery began as an establishment catering to locals. Over the decades, its exceptional products and dedication to quality allowed it to expand to major Indian cities like Bengaluru, Chennai, and Delhi. Today, Karachi Bakery has evolved into an international brand, exporting its delectable offerings to regions including:
Luke Littler whitewashes Rob Cross with ridiculous average in Players Championship Finals days after topping £1million
Shortly after her 2012 heart attack, O'Donnell shared her experience on her blog. During her 2015 television standup special, she spoke about how the experience changed her life. The segment included a heart attack acronym the comedian coined: HEPPP (hot, exhausted, pain, pale, puke). O'Donnell's candidness about her heart attack helped spread awareness about how it can present differently in women. She's one of countless celebrities over the years who have opened up about their health conditions, including breast cancer, HIV, depression, heart disease and stroke. When celebrities reveal and discuss their health issues, the impact can be far-reaching. It not only helps to educate the public, but it also can reduce stigma and inspire others. "Health disclosures by celebrities do matter, and we know this from decades of research across a lot of different health conditions and public figures," said Dr. Jessica Gall Myrick, a professor of health communication at Pennsylvania State University in University Park. "They absolutely do influence people." Some of the earliest celebrity health disclosures happened in the 1970s and 1980s with U.S. presidents and first ladies. When first lady Betty Ford was diagnosed with breast cancer just weeks after Gerald Ford became president in 1974, she spoke openly about her diagnosis, inviting photographers into the White House and helping make talk of cancer less taboo. In 1987, first lady Nancy Reagan used her breast cancer diagnosis as a chance to advocate for women to get mammograms. Her disclosure came two years after President Ronald Reagan's colon cancer diagnosis, about which the couple was equally as vocal. "Individuals throughout the country have been calling cancer physicians and information services in record numbers," the Los Angeles Times reported after Nancy Reagan's widely publicized surgery. The public showed a similar interest years earlier following Betty Ford's mastectomy. Another major milestone in celebrity health disclosures came in 1991, when 32-year-old NBA superstar Earvin "Magic" Johnson revealed he had tested positive for HIV, the virus that causes AIDS. "Life is going to go on for me, and I'm going to be a happy man," Johnson assured fans during a news conference. He immediately retired, only to return to the Los Angeles Lakers in 1996. His disclosure, along with his work as an advocate for safe sex, helped shatter stigmas around HIV and AIDS. Calls to testing centers increased significantly in the days and weeks after Johnson's announcement. "That celebrity disclosure really helped people see there was a wider susceptibly to HIV," Gall Myrick said. "People were more likely to say, 'I need to think about my own risks.' It was very powerful." When it comes to heart and stroke health, President Dwight Eisenhower helped make heart attacks less frightening and mysterious. During a news conference in 1955, millions of Americans learned from the president's doctors about his heart condition, his treatment, and concrete steps they could take to reduce their own heart attack risk. Other notable figures have shared their health experiences over the years. Soap opera legend Susan Lucci , who was diagnosed with heart disease in 2018, has advocated for women's heart health. Basketball great Kareem Abdul Jabbar talks about his irregular heartbeat, known as atrial fibrillation, and advocates for regular health screenings. Lawyer, author and television personality Star Jones continues to speak about heart disease risk after having lifesaving heart surgery in 2010. Longtime TV and radio personality Dick Clark brought stroke and aphasia into the national spotlight when he returned to hosting "New Year's Rockin' Eve" in Times Square just a year after his 2004 stroke and continued until his death in 2012. And actor and comedian Jamie Foxx recently revealed he had a stroke last year. "Celebrity disclosures represent teachable moments," said Dr. Seth M. Noar, director of the Communicating for Health Impact Lab at the University of North Carolina in Chapel Hill. "Searches for different health conditions often spike in the wake of these types of announcements. They cause people to think about these health issues, learn more about them, and in some cases change their behaviors." Celebrities have also highlighted the importance of CPR and the use of an automated external defibrillator, or AED, to restore a person's heartbeat if they experience cardiac arrest. Interest in CPR and AEDs spiked in 2023 after Buffalo Bills safety Damar Hamlin went into cardiac arrest during an NFL game broadcast on national TV. Views of the American Heart Association's hands-only CPR pages jumped more than 600% in the days following Hamlin's cardiac arrest. Three months later, around 3 million people had watched the AHA's CPR video. Family members of celebrities who have died from a heart issue have also spread awareness. After actor John Ritter died of an undiagnosed aortic dissection in 2003, his wife, actor Amy Yasbeck, started the Ritter Foundation to raise awareness about the condition and help others avoid a misdiagnosis. A literature review published in Systematic Reviews in 2017 found that people are conditioned to react positively to celebrity advice. Research also has found that people often follow advice from celebrities who match how they perceive – or how they want to perceive – themselves. The most effective celebrity disclosures are frequently the ones that tell a compelling story and include clear steps people can take to apply lessons the celebrity learned to their own health situation, Gall Myrick said. "People are more likely to take action when they feel confident and capable." Research has shown that celebrity disclosures often impact calls to hotlines and page views on health-related websites, and they can spark behavioral and even policy changes. Anecdotally, Gall Myrick said, people ask their doctor more questions about health conditions and request medical screenings. Celebrities can have a big impact because people tend to have parasocial relationships with them, Gall Myrick said. These are one-sided relationships in which a person feels an emotional connection with another person, often a celebrity. People may feel as if they know the basketball player they've watched on the court for years, or the Hollywood actor they've followed, she said. They want to comfort them after a health disclosure. Social media has only increased this feeling of familiarity, as celebrities regularly share mundane – but fascinating – details of their daily lives, like what they eat for breakfast, their favorite socks, or the meditation they do before bed. "We spend a lifetime being exposed to celebrities through the media, and over time, you get to know these public figures," Gall Myrick said. "Some feel like friendships." A study published in the journal Science Communication in 2020 compared reactions to actor Tom Hanks, who had COVID-19 early in the pandemic, and an average person with COVID-19. Researchers found that participants identified more with Hanks when it came to estimating their own susceptibility to COVID-19. The participants also felt more emotional about the virus that causes COVID-19 when thinking about it in relation to Hanks versus an average person. When a celebrity reveals a health condition, it's a surprise that may feel personal, especially if they are well-liked and the health issue is dramatic and sudden. "We feel like we know them, and the emotional response is what can then push people out of their routine," Gall Myrick said. Noar said a celebrity health story is often a more interesting and powerful way to learn about a health condition than just the facts, which can feel overwhelming. People are drawn to the slew of media coverage that typically follows a celebrity disclosure, he said. "Some of these high-visibility public figures' stories are now woven into some of these illnesses," Noar said. For example, Angelina Jolie is often linked to the BRCA1 gene mutation after the actor shared she had a preventive double mastectomy because of her elevated breast cancer risk and had her ovaries and fallopian tubes removed because of her increased risk for ovarian cancer. "It's a narrative, a story that humanizes the condition in a way that very informational communication really doesn't," Noar said. "People remember it, and it can potentially be a touch point." After a disclosure, patients may bring up a celebrity's story during a doctor's appointment and connect it to their own care. Today's multiplatform digital culture only amplifies celebrity messages. "You're seeing everyday people react to these events, and that can have a ripple effect too," Gall Myrick said. "We know from research that seeing messages more than once can be impactful. Often it's not just one billboard or one commercial that impacts behavior; it's the drip drip drip over time." Still, there's a cautionary tale to be told around the impact of celebrity health news, especially if the celebrity has died. An unclear cause of death may lead to speculation. Gall Myrick said that guesswork could potentially end up hurting rather than helping if patients were to act on misinformation or a lack of information. "Maybe the death was atypical or it needs more context," she said. "That's where advocacy groups and public health organizations come in. They need to be prepared for announcements or disclosures about celebrity deaths, and to fill in some of those gaps." American Heart Association News covers heart and brain health. Not all views expressed in this story reflect the official position of the American Heart Association. Copyright is owned or held by the American Heart Association, Inc., and all rights are reserved.NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.NoneThe PGA Tour is making the most sweeping changes to its eligibility in more than 40 years by eliminating 25 tour cards, along with shrinking the size of its fields. The all-exempt tour had been in place since 1983, meaning the top 125 players from the official money list — now the FedEx Cup standings — kept a full PGA Tour card the following season. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.
The NHL Department of Player Safety has handed out/not handed out additional punishment to Nikita Kucherov for his dirty hit on Florida's Matthew Tkachuk. During Monday's game between the Florida Panthers and Tampa Bay Lightning, forward Nikita Kucherov laid in a dangerous hit to Matthew Tkachuk's knee, leading to him getting a five minute major and a game misconduct. It was something that Kucherov is no stranger to, as he is known for some questionable hits and has felt the ire of the league once before, being suspended in 2019 during the Stanley Cup Playoffs. Well the league has decided on what to do with Kucherov's hit, as the Department of Player Safety won't hand out any further punishment for the collision. The Department Of Player Safety's Busy Season The NHL has been busy this season, having to determine several cases and just recently handed out a lengthy eight game suspension to New York Rangers forward Matt Rempe for his dangerous elbow on Dallas' Miro Heiskanen. Kucherov's lack of punishment could be an indicator the league is only cracking down on obvious intentional hits, though one could argue Kucherov targeted Tkachuk's knee. It's been a rough season for the DPoS, considering they have already had to deal with things such as Ryan Reaves' suspension, not handing out punishments to players like Jacob Trouba or Zach Whitecloud, and also having to contend with hockey executives who aren't too happy about how business is being conducted. It's strange the NHL wouldn't at least give a fine for the incident, though there may be some consideration after the break and retroactively attach some punishment for Kucherov. The Tampa Bay Lightning can thank the NHL for not coming down too harshly on their star forward, as the team can't afford any lost time with the tight Atlantic Division only being separated by a few points. For now, the star forward can thank the NHL DPoS for the Christmas gift of having no punishments and some extra money in his ever-growing bank account for the holidays. This article first appeared on Hockey Patrol and was syndicated with permission.NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get the latest local business news delivered FREE to your inbox weekly.
Former B.C. New Democrat member of the legislature Dan Coulter dead at 49
NoneChargers will be without top RB Dobbins and could lean on QB Herbert against Falcons