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NEW YORK >> The Nasdaq and the S&P 500 rose to record closing highs today following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1% drop in UnitedHealth Group shares weighed on the index. The S&P 500 consumer discretionary index rose 2.4% to hit an all-time closing high. It led gains among sectors, boosted by Lululemon. Shares of Lululemon Athletica jumped 15.9% after the sportswear maker increased full-year forecasts. Also in the consumer discretionary space, shares of cosmetics retailer Ulta Beauty advanced 9% after the company raised its annual profit forecast. The U.S. Labor Department report showed job growth surged in November, but an increase in the unemployment rate to 4.2% pointed to an easing labor market. “It does support the case for the Fed to continue to cut rates in the December meeting and into the first quarter,” said Bill Northey, senior investment director at U.S. Bank Wealth Management in Billings, Montana. The Dow Jones Industrial Average fell 123.19 points, or 0.28%, to 44,642.52, the S&P 500 gained 15.16 points, or 0.25%, to 6,090.27 and the Nasdaq Composite gained 159.05 points, or 0.81%, to 19,859.77. The S&P 500 registered its 57th record closing high for 2024, while the Nasdaq Composite posted its 36th record high close for the year. For the week, the Nasdaq gained 3.3%, the S&P 500 rose about 1% and the Dow fell 0.6%. Following the data, U.S. rate futures were pricing in roughly a 90% chance the Fed will lower interest rates by 25 basis points at its Dec. 17-18 policy meeting, according to LSEG calculations which previously saw just a 72% chance. The Fed has lowered rates by 75 basis points since September, when it launched its easing cycle. Fed Governor Michelle Bowman said inflation risks remained, which augured caution with rate decisions. Shares of health insurance companies including UnitedHealth extended declines from the previous session, two days after Brian Thompson, CEO of UnitedHealth’s health insurance unit, was fatally shot outside a Manhattan hotel. The shooter remained at large and his motive has not been determined. The death sparked comments on social media over frustrations with the U.S. health insurance system. Among other stock moves, shares of Facebook-owner Meta Platforms were up 2.4% after a U.S. appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban. The Cboe Volatility Index, Wall Street’s fear gauge, ended down 0.77 points at 12.77 in its lowest finish since mid-July. Declining issues outnumbered advancers by a 1.01-to-1 ratio on the NYSE. There were 354 new highs and 98 new lows on the NYSE. On the Nasdaq, 2,610 stocks rose and 1,678 fell as advancing issues outnumbered decliners by a 1.56-to-1 ratio. Volume on U.S. exchanges was 12.99 billion shares, compared with the 14.5 billion average for the full session over the last 20 trading days. Additional reporting by Shashwat Chauhan and Purvi Agarwal in Bengaluru.None
The 26-year-old man charged in last week’s killing of UnitedHealthcare’s CEO appeared in a Pennsylvania courtroom on Tuesday, where he was denied bail and his lawyer said he'd fight extradition to New York City, where the attack happened. Luigi Nicholas Mangione was arrested Monday in last Wednesday's attack on Brian Thompson after they say a worker at a McDonald’s in Altoona, Pennsylvania, alerted authorities to a customer who resembled the suspected gunman. When arrested, Mangione had on him a gun that investigators believe was used in the attack and writings expressing anger at corporate America, police said. As Mangione arrived at the courthouse Tuesday, he struggled with officers and shouted something that was partly unintelligible but referred to an “insult to the intelligence of the American people.” Mangione is being held on Pennsylvania charges of possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors have charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here are some of the latest developments: Wearing an orange jumpsuit, Mangione mostly stared straight ahead during the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion but was quieted by his lawyer. Judge David Consiglio denied bail to Mangione, whose attorney, Thomas Dickey, told the court that his client did not agree to extradition and wants a hearing on the matter. Blair County (Pennsylvania) District Attorney Peter Weeks said that although Mangione's fighting extradition will create “extra hoops” for law enforcement to jump through, it won’t be a substantial barrier to sending him to New York. In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” NYPD Chief of Detectives Joseph Kenny said Monday that Mangione also had a ghost gun, a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said. Officers also found a sound suppressor, or silencer, “consistent with the weapon used in the murder,” she said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, the commissioner said. Kenny said Mangione was born and raised in Maryland, has ties to San Francisco and that his last known address is in Honolulu. Mangione, who was valedictorian of his Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press on Monday. Mangione comes from a prominent Maryland family. His grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, which was based on a review of the suspect’s hand-written notes and social media postings. The defendant appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown and may have been inspired by “Unabomber” Ted Kaczynski, whom he called a “political revolutionary,” the document said. Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. on Wednesday. Eleven minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park, according to police. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack, police said. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspect exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Lea Skene, Matt O'Brien, Sean Murphy and Cedar Attanasio contributed to this report.
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Viral Costco fight highlights online spread of misinformation in VancouverCOLUMBIA, Mo. (AP) — Arkansas defensive end Landon Jackson was carted off the field and taken to a hospital with a neck injury late in the first half of Saturday's game at No. 24 Missouri. Jackson appeared to injure his neck while trying to tackle Missouri running back Jamal Roberts. Medical personnel tended to Jackson for approximately 10 minutes before he was placed on a backboard and driven to a waiting ambulance. Jackson gave a thumbs-up sign as he was carted off the snow-covered field. Arkansas athletic director Hunter Yurachek said Jackson had movement in his arms and legs but was experiencing pain in his neck. He said Jackson was taken to the hospital as a precaution. Jackson leads the Razorbacks with 9 1/2 tackles for loss and 6 1/2 sacks, and is considered a potential first-round pick in next year's NFL draft. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
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John Butler won’t need an audition as Nebraska’s defensive coordinator. According to a report from ESPN, he’s set to be the permanent replacement for Tony White, who left the school for Florida State. ESPN also reported the likely hiring of two more coaches — Phil Snow, longtime aide to coach Matt Rhule, filling an associate head coach role and Kansas City Chiefs assistant Terry Bradden taking the defensive line coach job, vacated when Terrance Knighton followed White to Florida State. Butler, named the interim DC after White departed, served this season as NU’s defensive backs coach and defensive passing game coordinator, joining the team this summer after the abrupt resignation of Evan Cooper. Previously, Butler had spent six seasons coaching defensive backs for the Buffalo Bills, who, in passing over Butler for a defensive coordinator, triggered his departure from the franchise. People are also reading... Now, he’s in line to get the DC job at Nebraska. “I brought him in knowing that at some point Tony was going to leave whether it was a coordinator job or a head coaching job,” Rhule said on Dec. 4 of naming Butler the interim coordinator. “John has been a DC before, so right away I said ‘Here you go John, take this over and run with it.’ He’s done a great job this season with putting together game plans and passing game plans with Tony.” Rhule added a “lot of guys love John” among the assistants and the players. Late last week, Nebraska football released a social media graphic touting Butler’s experience coaching NFL players, and the accumulated contract money those NFL players had earned. Butler previously served as Penn State’s defensive coordinator in 2013 before embarking on a long career in the NFL, first with the Texans and later with the Buffalo Bills. Butler coached some of the top-performing secondaries in pro football before leaving the Bills last offseason when he didn’t get the DC job in Buffalo. He spent five months out of the game before the resignation of Cooper — now headed to Florida State — opened a coaching spot at Nebraska. “To say this was out of the blue would probably be an understatement from the standpoint of, the timing, where my mindset was,” Butler said on Aug. 6 of taking the defensive backs assistant role. “But when the opportunity came — and it came quick — I had relationships with some people in this building, and, obviously, was very impressed with the programs Matt has built through the years.” Snow, defensive coordinator for Rhule at Temple, Baylor and the Carolina Panthers, opted not to take the DC job at Nebraska when Rhule arrived in 2022. Rhule instead hired White, who posted two top-20 scoring defenses in his two seasons. Rhule kept Snow on as an occasional consultant, and in November more fully extended Snow’s consultant role at the same time Rhule hired Dana Holgorsen as a three-game offensive coordinator. Holgorsen is now the full-time OC. Bradden spent eight years with the Chiefs, including the last four as an assistant defensive line coach. Prior to that, he spent three years as a defensive quality control coach and one year as a defensive assistant. He was a college quarterback at Howard University. On Monday, NU’s new edge rushers coach, Phil Simpson, announced his return to the school, as Rhule intends to have two coaches oversee the defensive line. While Snow, a longtime defensive coach, could oversee the secondary, NU could also hire a separate defensive backs coach as Snow consults with Rhule. The NCAA lifted its limit on countable assistant coaches, which gives Nebraska flexibility to add another coach to the defense. Photos: Nebraska football vs. Iowa on Black Friday — Nov. 29 Nebraska players, including Jacob Hood (center), turn to wave during the "Hawkeye Wave" on Friday in Iowa City. Nebraska assistant coach Garret McGuire looks on during warm up before the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska assistant coach Marcus Satterfield looks on during warm up before the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska fan Zachary Roth of Omaha dances in the cold during the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska head coach Matt Rhule talks with an official during the Iowa game on Friday at Kinnick Stadium in Iowa City. Nebraska's Jahmal Banks is tackled by Iowa's TJ Hall on Friday at Kinnick Stadium in Iowa City. Iowa's Kamari Moulton (center) is tackled by Nebraska's MJ Sherman (left) and Elijah Jeudy, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Carter Nelson (center) is tackled by Iowa's Deontae Craig (right) on Friday at Kinnick Stadium in Iowa City. Iowa's Quinn Schulte (left) tackles Nebraska's Nate Boerkircher, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Thomas Fidone picks up a pass against Iowa, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's John Hohl reacts after missing a field goal against Iowa, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Dylan Raiola runs with the ball against Iowa on Friday at Kinnick Stadium in Iowa City. Nebraska's Isaac Gifford (left) rips the ball away from Iowa's Jarriett Buie on Friday at Kinnick Stadium in Iowa City. The Nebraska defense stops Iowa on fourth down on Friday at Kinnick Stadium in Iowa City. Nebraska's Jahmal Banks picks up a pass next to Iowa's Deshaun Lee, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Emmett Johnson escapes a tackle by Iowa's Deshaun Lee, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska head coach Matt Rhule looks on during the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Dante Dowdell tries to break a tackle from Iowa's Jay Higgins (left) and Koen Entringer (4), Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Emmett Johnson fumbles under pressure from Iowa's Sebastian Castro (top) and TJ Hall (bottom), Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Iowa's Drew Stevens (18) celebrates after making the game-winning kick against Nebraska, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Iowa's Drew Stevens (18) celebrates after making the game-winning kick against Nebraska, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Iowa's Luke Elkin (left) and Ty Nissen carry Heroes Game trophy after defeating Nebraska on Friday at Kinnick Stadium in Iowa City. Iowa's Drew Stevens (18) kicks a game-winning field goal through the arms of Nebraska's Ty Robinson (9) and Nash Hutmacher (0) on Friday at Kinnick Stadium in Iowa City. Nebraska's Dante Dowdell scores a touchdown against Iowa in the second quarter, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Dylan Raiola carries the ball against Iowa, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Iowa's Deontae Craig (bottom) pressures Nebraska's Dylan Raiola, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's John Hohl (right) celebrates his field goal against Iowa on Nov. 29 at Kinnick Stadium in Iowa City, Iowa. Nebraska's Mikai Gbayor tips a pass by Iowa's Jackson Stratton on Friday at Kinnick Stadium in Iowa City. Iowa's Deontae Craig (left) and Aaron Graves (right) pressure Nebraska's Dylan Raiola on at Kinnick Stadium in Iowa City, Iowa. Nebraska head coach Matt Rhule (left) talks with Iowa head coach Kirk Ferentz before the game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Jesse Divis of David City, 17, braves the cold before the Nebraska game at Iowa, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska head coach Matt Rhule arrives before the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska special teams coordinator Ed Foley arrives before the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. Nebraska's Dylan Raiola arrives before the Iowa game, Friday, Nov. 29, 2024, at Kinnick Stadium in Iowa City, Iowa. The Nebraska football team arrives arrives at Kinnick Stadium before the Iowa game, Friday, Nov. 29, 2024, in Iowa City, Iowa. The Nebraska football team arrives arrives at Kinnick Stadium before the Iowa game, Friday, Nov. 29, 2024, in Iowa City, Iowa. Nebraska offensive coordinator Dana Holgorsen arrives at Kinnick Stadium before the Iowa game, Friday, Nov. 29, 2024, in Iowa City, Iowa. Subscribe for the best Husker news & commentary Be the first to know Get local news delivered to your inbox!
NoneHead coach Ryan Day looked a little shell-shocked as police were athletes in the aftermath of the Michigan Wolverine's upsetting his No. 2 Ohio State Buckeyes 13-10 on Saturday. Day has a 1-4 record against Michigan. The Wolverines have won four consecutive games in the series, with the Buckeyes' last win over Michigan coming in 2019. Javascript is required for you to be able to read premium content. Thanks for the feedback.
ANN ARBOR, Mich. (WXYZ) — The University of Michigan says offensive coordinator and quarterbacks coach Kirk Campbell has been 'relieved' of his coaching duties. The move was announced by head coach Sherrone Moore announced Tuesday. “After a thorough assessment of our offense, I made the decision to relieve Kirk Campbell of his duties and move in a different direction,” said Moore in a news release. “This was a decision that I felt was in the best interest of our football program. I want to thank Kirk for his hard work and dedication to the university, Michigan Football and our student-athletes. I wish him well in his future coaching endeavors.” According to the school, Tight Ends Coach Steve Casula will serve as the program’s offensive coordinator on an interim basis, and Moore will conduct a national search for a new offensive coordinator. The move comes after the National Champion Wolverines ended a 7-5 season on a high note, beating Ohio State on Sunday. However, the season featured a revolving quarterback lineup, with David Warren, Jack Tuttle, and Alex Orji all lining up under center. The Wolverines are bowl-eligible. They will learn where they are headed after the conference championship games are played this weekend.
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"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.