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spinph99 WASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Read this article for free: Already have an account? To continue reading, please subscribe: * WASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Read unlimited articles for free today: Already have an account? WASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Biden administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, the deputy national security adviser for cyber and emerging technologies, told reporters Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. The update from Neuberger is the latest development in a massive hacking operation that has alarmed national security officials, exposed cybersecurity vulnerabilities in the private sector and laid bare China’s hacking sophistication. The hackers compromised the networks of telecommunications companies to obtain customer call records and gain access to the private communications of “a limited number of individuals.” Though the FBI has not publicly identified any of the victims, officials believe senior U.S. government officials and prominent political figures are among those whose whose communications were accessed. Neuberger said officials did not yet have a precise sense how many Americans overall were affected by Salt Typhoon, in part because the Chinese were careful about their techniques, but a “large number” were in the Washington-Virginia area. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Officials believe the goal of the hackers was to identify who owned the phones and, if they were “government targets of interest,” spy on their texts and phone calls, she said. The FBI said most of the people targeted by the hackers are “primarily involved in government or political activity.” Neuberger said the episode highlighted the need for required cybersecurity practices in the telecommunications industry, something the Federal Communications Commission is to take up at a meeting next month. “We know that voluntary cyber security practices are inadequate to protect against China, Russia and Iran hacking of our critical infrastructure,” she said. The Chinese government has denied responsibility for the hacking. Advertisement AdvertisementWhy the BJP failed to make a mark among the tribals of Jharkhand

Cowboys G Zack Martin, CB Trevon Diggs out vs. CommandersCIBC Asset Management Inc lowered its stake in Bio-Rad Laboratories, Inc. ( NYSE:BIO – Free Report ) by 75.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 679 shares of the medical research company’s stock after selling 2,037 shares during the quarter. CIBC Asset Management Inc’s holdings in Bio-Rad Laboratories were worth $227,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Van ECK Associates Corp bought a new stake in Bio-Rad Laboratories in the 2nd quarter valued at $180,040,000. First Eagle Investment Management LLC raised its stake in shares of Bio-Rad Laboratories by 32,296.9% in the 2nd quarter. First Eagle Investment Management LLC now owns 636,275 shares of the medical research company’s stock valued at $173,773,000 after purchasing an additional 634,311 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Bio-Rad Laboratories by 64.4% in the second quarter. Dimensional Fund Advisors LP now owns 494,604 shares of the medical research company’s stock valued at $135,081,000 after purchasing an additional 193,700 shares in the last quarter. Select Equity Group L.P. boosted its position in shares of Bio-Rad Laboratories by 26.2% during the second quarter. Select Equity Group L.P. now owns 649,522 shares of the medical research company’s stock worth $177,391,000 after buying an additional 134,856 shares during the period. Finally, Earnest Partners LLC grew its holdings in shares of Bio-Rad Laboratories by 30.8% during the first quarter. Earnest Partners LLC now owns 514,906 shares of the medical research company’s stock worth $178,091,000 after buying an additional 121,272 shares in the last quarter. Institutional investors and hedge funds own 65.24% of the company’s stock. Analyst Upgrades and Downgrades BIO has been the topic of several research reports. Wells Fargo & Company assumed coverage on Bio-Rad Laboratories in a research note on Tuesday, August 27th. They issued an “equal weight” rating and a $340.00 target price on the stock. Royal Bank of Canada increased their target price on shares of Bio-Rad Laboratories from $446.00 to $469.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Citigroup lifted their price target on shares of Bio-Rad Laboratories from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, StockNews.com raised shares of Bio-Rad Laboratories from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $391.80. Bio-Rad Laboratories Price Performance NYSE:BIO opened at $332.91 on Friday. The stock has a market capitalization of $9.32 billion, a PE ratio of -12.18 and a beta of 0.93. Bio-Rad Laboratories, Inc. has a 1-year low of $262.12 and a 1-year high of $387.99. The firm has a fifty day simple moving average of $340.52 and a 200 day simple moving average of $315.68. The company has a current ratio of 6.14, a quick ratio of 4.52 and a debt-to-equity ratio of 0.16. Bio-Rad Laboratories ( NYSE:BIO – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 30th. The medical research company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.85. The firm had revenue of $649.70 million during the quarter, compared to analysts’ expectations of $628.18 million. Bio-Rad Laboratories had a negative net margin of 30.18% and a positive return on equity of 3.74%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.33 earnings per share. On average, research analysts expect that Bio-Rad Laboratories, Inc. will post 9.93 EPS for the current fiscal year. Insider Buying and Selling In related news, EVP James Barry sold 623 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $330.49, for a total value of $205,895.27. Following the sale, the executive vice president now owns 147 shares in the company, valued at approximately $48,582.03. This represents a 80.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, COO Andrew J. Last sold 3,000 shares of Bio-Rad Laboratories stock in a transaction on Friday, September 6th. The stock was sold at an average price of $329.94, for a total transaction of $989,820.00. Following the transaction, the chief operating officer now directly owns 7,559 shares of the company’s stock, valued at approximately $2,494,016.46. This trade represents a 28.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 17.06% of the stock is currently owned by corporate insiders. Bio-Rad Laboratories Profile ( Free Report ) Bio-Rad Laboratories, Inc manufactures and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. It operates through two segments, Life Science and Clinical Diagnostics. The company develops, manufactures, and markets instruments, systems, reagents, and consumables to separate, purify, characterize, and quantitate biological materials such as cells, proteins, and nucleic acids for proteomics, genomics, biopharmaceutical production, cellular biology, and food safety markets. See Also Want to see what other hedge funds are holding BIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bio-Rad Laboratories, Inc. ( NYSE:BIO – Free Report ). Receive News & Ratings for Bio-Rad Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bio-Rad Laboratories and related companies with MarketBeat.com's FREE daily email newsletter .

AI To Generate $680bn For Telecom Sector- GSMA HeadThe Dallas Cowboys ruled out right guard Zack Martin and cornerback Trevon Diggs with injuries on Saturday, one day prior to a road game against the Washington Commanders. Martin has been dealing with ankle and shoulder injuries and didn't practice at all this week before initially being listed as doubtful to play on Friday. He also physically struggled during Monday night's loss to the Houston Texans. Martin, who turned 34 on Wednesday, has started all 162 games played in 11 seasons with the Cowboys. He's a nine-time Pro Bowl selection and a seven-time first-team All-Pro. Diggs has been dealing with groin and knee injuries. He was listed as questionable on Friday before being downgraded Saturday. Diggs, 26, has 37 tackles and two interceptions in 10 games this season. The two-time Pro Bowl pick led the NFL with 11 picks in 2021 and has 20 in 57 games. The Cowboys elected not to activate receiver Brandin Cooks (knee) for the game. He returned to practice earlier this week and he was listed as questionable on Friday. Dallas activated offensive tackle Chuma Edoga (toe) and defensive end Marshawn Kneeland (knee) off injured reserve Saturday, placed safety Markquese Bell (shoulder) on IR and released defensive end KJ Henry. Tight end Jake Ferguson (concussion) was previously ruled out. Tight end Princeton Fant was elevated from the practice squad to replace him. Cornerback Kemon Hall also was elevated from the practice squad. --Field Level MediaCowboys G Zack Martin, CB Trevon Diggs out vs. Commanders

PISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers on Saturday. Illinois (8-3, 5-3 Big Ten) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched in a game that featured three lead changes in the final 3:07. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. Bryant finished with seven receptions for 197 yards. Altmeyer put Illinois in front with a 30-yard TD run with 3:07 to go. He passed to Josh McCray on the 2-point conversion, making it 30-24. Rutgers responded with a 10-play, 65-yard drive. Athan Kaliakmanis had a 15-yard run on fourth down. He passed to running back Kyle Manangai for a 13-yard TD with 1:08 remaining. Illinois then drove 75 yards in eight plays for the unexpected win. Kaliakmanis was 18 for 36 for 174 yards and two touchdowns. He also had 13 carries for 84 yards and two TDs. Monangai had a career-high 28 carries for 122 yards. Kaliakmanis found Ian Strong for a 2-yard touchdown in the final seconds of the first half, and he scored on a 1-yard run to lift Rutgers to a 24-15 lead early in the fourth quarter. Illinois responded with Aidan Laughery’s 8-yard TD run, setting up the roller-coaster finish. The start of the second half was delayed because of a scrum between the teams. There were no punches thrown and the officials called penalties on both schools. Monangai’s day Monangai become the third player in Rutgers history to rush for 3,000 yards when he picked up 4 on a third-and-1 carry early in the second quarter. The defending conference rushing champion joins Ray Rice and Terrell Willis in hitting the mark. The takeaway Illinois: The great finish keeps the Illini in line for its first nine-win season since 2007 and a prestigious bowl game this season. Rutgers: The Scarlet Knights were seconds away from their first in-conference three-game win streak since joining the Big Ten in 2014. Up next Illinois: At Northwestern next Saturday. Rutgers: At Michigan State next Saturday. ___ AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-poll Copyright 2024 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.There was never a doubt that Travis Hunter would be in New York City for the Heisman Trophy ceremony this weekend. On Monday, it became official, as the Colorado junior was announced as one of four finalists for the most coveted award in college football.NEW DELHI (Reuters): Indian Prime Minister Narendra Modi’s party and its allies were set to return to power in the nation’s richest state, television channels reported on Saturday, a boost for the Hindu-nationalist leader after a disappointing general election. In Maharashtra, home to India’s financial capital Mumbai, the Bharatiya Janata Party-led Mahayuti alliance was leading in 221 of 288 seats. The opposition Congress party and its allies are leading in 55 seats in the state elections, local media reported. “The Mahayuti government [...] has achieved undisputed and resounding success,” Eknath Shinde, the state’s chief minister, said on social media platform X. Modi lost his majority in parliamentary elections held between April and June and had to depend on fickle allies to form a government. Last month his party won state elections in the northern state of Haryana. State election wins help political parties boost their numbers in the upper house of parliament, which is key for decision-making. In the mine-rich eastern Jharkhand state, the ruling regional party Jharkhand Mukti Morcha, which is in alliance with the Congress-led opposition, is leading to regain control by defeating the BJP and its allies, media reported. Political parties in both states have rolled out a range of measures that they say will benefit farmers and women, both considered critical voting blocks. Results from Maharashtra and Jharkhand are expected later on Saturday.Climate finance's 'new era' shows new political realities

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The Dallas Cowboys ruled out right guard Zack Martin and cornerback Trevon Diggs with injuries on Saturday, one day prior to a road game against the Washington Commanders. Martin has been dealing with ankle and shoulder injuries and didn't practice at all this week before initially being listed as doubtful to play on Friday. He also physically struggled during Monday night's loss to the Houston Texans. Martin, who turned 34 on Wednesday, has started all 162 games played in 11 seasons with the Cowboys. He's a nine-time Pro Bowl selection and a seven-time first-team All-Pro. Diggs has been dealing with groin and knee injuries. He was listed as questionable on Friday before being downgraded Saturday. Diggs, 26, has 37 tackles and two interceptions in 10 games this season. The two-time Pro Bowl pick led the NFL with 11 picks in 2021 and has 20 in 57 games. The Cowboys elected not to activate receiver Brandin Cooks (knee) for the game. He returned to practice earlier this week and he was listed as questionable on Friday. Dallas activated offensive tackle Chuma Edoga (toe) and defensive end Marshawn Kneeland (knee) off injured reserve Saturday, placed safety Markquese Bell (shoulder) on IR and released defensive end KJ Henry. Tight end Jake Ferguson (concussion) was previously ruled out. Tight end Princeton Fant was elevated from the practice squad to replace him. Cornerback Kemon Hall also was elevated from the practice squad. --Field Level Media10,743 Shares in Micron Technology, Inc. (NASDAQ:MU) Bought by Jennison Associates LLC

Luke Humphries defeats Luke Littler to retain Players Championship Finals titleStock market today: Wall Street slips as technology stocks drag on the market NEW YORK (AP) — Stocks slipped as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.6% Friday and the the Dow Jones Industrial Average lost 475 points, or 1.1%. The Nasdaq composite is down 2%. Technology stocks were the biggest drag on the market. The S&P 500 is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says WASHINGTON (AP) — A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, a deputy national security adviser, said Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea FRANKFURT, Germany (AP) — Finnish police say authorities detained a ship linked to neighboring Russia as they investigate whether it damaged a Baltic Sea power cable and several data cables. It was the latest incident involving disruption of key infrastructure. Police and border guards boarded the Eagle S and took control as they investigate damage to the Estlink-2 undersea power cable. The cable brings electricity from Finland to Estonia across the Baltic Sea. The cable went down on Wednesday. The incident follows damage to two data cables and the Nord Stream gas pipelines. Both have been termed sabotage.

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FEMA under investigation over Trump supporter discriminationPolice arrested a “strong person of interest” Monday in the brazen Manhattan killing of UnitedHealthcare’s CEO after a quick-thinking McDonald’s employee in Pennsylvania alerted authorities to a customer who was found with a weapon and writings linking him to the ambush. The 26-year-old man had a gun believed to be the one used in the killing and writings suggesting his anger with corporate America, police officials said. He was taken into custody after police got a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, NYPD Commissioner Jessica Tisch said at a news conference. Police identified the suspect as Luigi Mangione. Mangione was born and raised in Maryland, has ties to San Francisco, and his last known address is in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing. Here's the latest: According to court documents, Mangione was sitting at a table in the rear of the McDonald's wearing a blue medical mask and looking at a silver laptop computer and had a backpack on the floor. When he pulled down his mask, Altoona police officers “immediately recognized him as the suspect” in the killing of UnitedHealthcare CEO Brian Thompson, the documents say. Asked for identification, Mangione provided officers with a fake ID — a New Jersey driver’s license bearing another name and the incorrect date of birth. When an officer asked Mangione if he’d been to New York recently, he “became quiet and started to shake,” the court documents say A police criminal complaint charged him with forgery, carrying firearms without a license, tampering with records or identification, possessing an instrument of crime and providing false identification to law enforcement. Video posted on the social platform X shows a handcuffed Mangione arriving at the Blair County Courthouse in Hollidaysburg, Pennsylvania. For example, it took about 10 months to extradite a man charged with stabbing two workers at the Museum of Modern Art in 2022. The suspect, Gary Cabana, was also arrested in Pennsylvania, where he was charged with setting his Philadelphia hotel room on fire. Cabana was sent back to New York after he pleaded guilty to an arson charge in Pennsylvania. Manhattan prosecutors could seek to expedite the process by indicting Mangione for Thompson’s killing while he’s still in custody of Pennsylvania authorities. They could then obtain what’s known as a supreme court warrant or fugitive warrant to get him back to New York. Freddie Leatherbury hasn’t spoken to Mangione since they graduated in 2016 from Gilman School in Maryland. He said Mangione was a smart, friendly and athletic student who came from a wealthy family, even by the private school’s standards. “Quite honestly, he had everything going for him,” Leatherbury said. Leatherbury said he was stunned when a friend shared the news of their former classmate’s arrest. “He does not seem like the kind of guy to do this based on everything I’d known about him in high school,” Leatherbury said. One of his cousins is Republican Maryland state legislator Nino Mangione, a spokesperson for the delegate’s office confirmed Monday. Luigi Mangione is one of 37 grandchildren of Nick Mangione Sr., according to a 2008 obituary. Mangione Sr. grew up poor in Baltimore’s Little Italy and rose after his World War II naval service to become a millionaire real estate developer and philanthropist, according to a 1995 profile by the Baltimore Sun. He and his wife Mary Cuba Mangione, who died in 2023, directed their philanthropy through the Mangione Family Foundation, according to a statement from Loyola University commemorating her death. They donated to a variety of causes, ranging from Catholic organizations to higher education to the arts. A man who answered the door to the office of the Mangione Family Foundation declined to comment Monday evening. Mangione Sr. was known for Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione Sr. prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday afternoon, Baltimore County police officers had blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. A swarm of reporters and photographers gathered outside the entrance. “Our hope is that today’s apprehension brings some relief to Brian’s family, friends, colleagues and the many others affected by this unspeakable tragedy,” a spokesperson for UnitedHealth Group said Monday. “We thank law enforcement and will continue to work with them on this investigation. We ask that everyone respect the family’s privacy as they mourn.” In an email to parents and alumni, Gilman headmaster Henry P.A. Smyth said it “recently” learned that Mangione, a 2016 graduate, was arrested in the CEO’s killing. “We do not have any information other than what is being reported in the news,” Smyth wrote. “This is deeply distressing news on top of an already awful situation. Our hearts go out to everyone affected.” Mangione, a high school valedictorian from a Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a spokesman told The Associated Press on Monday. He had learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends in Hawaii, San Diego, Puerto Rico, the New Jersey shore and other destinations. Police said the suspect arrested Monday had a ghost gun , a type of weapon that can be assembled at home from parts without a serial number, making them difficult to trace. The critical component in building an untraceable gun is what’s known as the lower receiver. Some are sold in do-it-yourself kits and the receivers are typically made from metal or polymer. Altoona police say officers were dispatched to a McDonald’s on Monday morning in response to reports of a male matching the description of the man wanted in connection with the United Healthcare CEO’s killing in New York City. In a news release, police say officers made contact with the man, who was then arrested on unrelated charges. The Altoona Police Department says it’s cooperating with local, state, and federal agencies. “This just happened this morning. We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. “And at some point we’ll work out through extradition to bring him back to New York to face charges here, working with the Manhattan district attorney’s office,” NYPD Chief of Detectives Joseph Kenny said. “As of right now, the information we’re getting from Altoona is that the gun appears to be a ghost gun that may have been made on a 3D printer, capable of firing a 9 mm round,” NYPD Chief of Detectives Joseph Kenny said at a news briefing. The document suggested the suspect had “ill will toward corporate America,” police added. Mangione, 26, was born and raised in Maryland, has ties to San Francisco, and his last known address in Honolulu, Chief of Detectives Joseph Kenny said at a news briefing. Police have arrested a 26-year-old with a weapon “consistent with” the gun used in the killing of UnitedHealthcare CEO Brian Thompson , New York City’s police commissioner says. Thompson , 50, died in a dawn ambush Wednesday as he walked to the company’s annual investor conference at Manhattan hotel. Thompson had traveled from Minnesota for the event. A man being questioned Monday in the killing of UnitedHealthcare CEO Brian Thompson had writings that appeared to be critical of the health insurance industry, a law enforcement official told The Associated Press. The man also had a gun thought to be similar to the one used in the killing, the official said. Police apprehended the man after receiving a tip that he had been spotted at a McDonald’s near Altoona, Pennsylvania, about 233 miles (375 kilometers) west of New York City, said the official, who wasn’t authorized to discuss details of the investigation and spoke to the AP on condition of anonymity. Along with the gun, police found a silencer and fake IDs, according to the official. — Michael R. Sisak That’s also according to the law enforcement official. — Michael R. Sisak That’s according to a law enforcement official. — Michael R. Sisak New York City Mayor Eric Adams is expected to address this development at a previously scheduled afternoon news briefing in Manhattan. While still looking to identify the suspect, the FBI has offered a $50,000 reward for information leading to his arrest and conviction. That’s on top of a $10,000 reward offered by the NYPD. That included footage of the attack, as well as images of someone at a Starbucks beforehand. Photos taken in the lobby of a hostel on Manhattan’s Upper West Side showed the person grinning after removing his mask, police said. NYPD dogs and divers returned to New York’s Central Park today while the dragnet for Thompson’s killer stretched into a sixth day. Investigators have been combing the park since the Wednesday shooting and searching at least one of its ponds for three days, looking for evidence that may have been thrown into it. Police say the shooter used a 9 mm pistol that resembled the guns farmers use to put down animals without causing a loud noise. Police said they had not yet found the gun itself. Ammunition found near Thompson’s body bore the words “delay,” “deny” and “depose,” mimicking a phrase used by insurance industry critics . A man with a gun thought to be similar to the one used in the killing of UnitedHealthcare CEO Brian Thompson was taken into police custody Monday for questioning in Pennsylvania, a law enforcement official told The Associated Press. The man is being held in the area of Altoona, Pennsylvania, about 233 miles (375 kilometers) west of New York City, the official said. The official was not authorized to discuss details of the ongoing investigation and spoke to the AP on condition of anonymity. The development came as dogs and divers returned Monday to New York’s Central Park while the dragnet for Thompson’s killer stretched into a sixth day. — Michael R. Sisak

Florida delivers crushing blow to No. 9 Ole Miss' College Football Playoff hopes with upset winSoon after the Election Commission announced the Maharashtra and Jharkhand assembly polls on October 15, Jharkhand Mukti Morcha (JMM) working president and chief minister Hemant Soren and his legislator wife Kalpana Soren met Congress president Mallikarjun Kharge and party leader Rahul Gandhi in New Delhi. Also Read: How did the JMM win Jharkhand? At that meeting, Hemant Soren discussed the poll strategy and seat-sharing formula for the INDIA bloc, batting for the inclusion of the CPI-ML (Liberation) in the coalition to make the contest bipolar in the two-phased assembly elections. “Our leadership agreed to the plan and decided that Hemant will have (the) final word in campaign and seat sharing. It was also decided that in some seats there would be friendly contests,” a Congress leader aware of the matter said. To accommodate three seats to the CPI-ML (Liberation), the Congress agreed to give away two seats and be in a friendly fight in one seat. The Rashtriya Janata Dal (RJD) also agreed to part with one seat and be in a friendly fight in another. The JMM contested 43 seats, same as it did in the 2019 polls, while the Congress and the RJD fielded their candidates in 30 and seven constituencies, respectively, both accepting one seat less than what they contested five years ago. “Unlike Maharashtra, there was no wrangling over seat sharing in Jharkhand and it was finalised before the nomination process started,” a senior JMM leader said. After the JMM-led INDIA bloc registered an emphatic victory in the assembly polls on Saturday, winning 56 of the state’s 81 seats, Soren told reporters in Ranchi that the alliance had set specific target and many candidates were decided before hand to start the campaign early. “All alliance partners worked in perfect coordination,” he added. Also Read: Infiltration pitch fails to help BJP in Jharkhand tribal belt The impact of the “perfect coordination” was visible in poll results, as the JMM won 34 seats, four more than it won in 2019, the Congress won 16, same as it did five years ago, the RJD won four seats, three more than in the last assembly polls and the CPI-ML won two seats. Political observers maintained that each constituent of the alliance brought something different to the table. The JMM brought in the support of tribals and OBC voters, the Congress had strong backing among the Muslim community, the RJD brought the support of the OBC Yadav and migrants from Bihar settled in North Chotanagpur Division while the CPI-ML has strong backing among workers in the state’s coal belt. “The JMM-Congress alliance performed well in consolidating their vote bank including Adivasis, Muslims, Mahtos and Yadavs,” political analyst Sudhir Pal said. The Bharatiya Janata Party (BJP), Pal stressed, failed to strike a chord with the voters as it was dependent too much on leaders from outside the state instead of locals. “The BJP seems to have failed to take full advantage of tribal leaders like Champai Soren and Sita Soren who had left the JMM and joined the saffron camp,” Pal added. Also Read: Maiya Samman scheme helps JMM surge ahead in Jharkhand elections The JMM-Congress alliance pegged its campaign on the government’s welfare schemes such as the Maiya Samman Yojana while pitching a narrative of Adivasi asmita (tribal pride). The INDIA bloc was able to project that arrest of Hemant Soren by the Enforcement Directorate in an alleged land case earlier this year was the BJP’s attack on tribal pride, prompting high turnout of tribal voters. On ground, all alliance leaders were speaking in one voice and did not speak against each other. In fact, Hemant and Kalpana Soren campaigned for their alliance partners and same was the case with local Congress and RJD leaders. “Specific duties were given to leaders of each alliance partner in each assembly constituency to ensure smooth transfer of votes,” a senior JMM leader said. Experts also said the Congress and the JMM have learnt a big lesson from the past as their tally increased when they fought in an alliance. In 2014, the JMM bagged 19 seats but its tally shot up to 30 in 2019. Similarly, the Congress’s tally increased from six seats in 2014 to 16 in 2019. The JMM and Congress contested separately in the 2014 assembly polls. “The JMM, RJD and Congress put up a united show during the campaign. RJD leader Tejashwi Yadav could be seen campaigning for Congress candidate Purnima Niraj Singh in Jharia. When it came to the BJP, they not only failed to project a face of the chief minister but also failed to highlight big names such as Champai Soren outside his own assembly,” Pal added.

Authored by James Galbraith via TheNation.com, A large majority of voters gave the Biden administration a failing grade on the economy. For the sake of future policy battles, it is worthwhile to try to understand their reasons... One cannot fault Jared Bernstein, lead architect of “Bidenomics,” for feeling a measure of “ guilt, confusion ” over Donald Trump’s defeat of Kamala Harris in the 2024 election. Bernstein says—and I believe him—that the daily mission of Biden’s economists was to improve the lives of the American working class. Not to be rewarded with a vote of “Good job, and carry on” must be a bitter blow. Yet there is very little evidence that disappointment with the economy decided the election. According to an NBC exit poll , only 6 percent of Biden’s 2020 supporters switched to Trump in 2024, and their numbers were partially offset by 4 percent of Trump’s 2020 voters who went to Harris. The difference is trivial, and we have no reason to think it was concentrated in the swing states; Trump gained far more ground in states where the outcome was not in doubt. The fundamental driving force in this election was differential turnout. In a voting-eligible population that grew by 4 million, Trump gained 2 million votes while Harris lost 7 million compared to Biden in 2020. Moreover, Biden’s victory was a unique surge, many of whose sources can be traced to the pandemic. Perhaps the most important was the unprecedented ease of voting, thanks to measures which did not recur in 2024. But the precise motives of nonvoters are unknown; they do not show up in exit polls. Voter suppression—an endemic feature of American elections—differential voter mobility between election dates (poorer people and students move more), demographic turnover, and anger over specific issues all doubtless played a role. That said, polls do establish that a large majority of voters gave Bidenomics a low grade. A sense of failure weighs on Bernstein and his colleagues, despite their good intentions and best efforts. They were repudiated—so say the polls—and for the sake of future policy battles, it is worthwhile to try to understand why. It is no help to argue, as Paul Krugman did , that voters are not competent to judge their own interests and well-being. Krugman faults the voters, in effect, for failing to accept the superior wisdom of a columnist at The New York Times . But it is a precept of democracy (and of free market economics) that voters (and consumers) do know their interests. To refuse this precept is to deny the point of democracy, in which case there is no good reason to go on having elections. Or markets, either. If voters are unhappy with the good readings on standard indicators—unemployment, the monthly inflation rate, economic growth— it must be because those indicators no longer connect to their sense of well-being. I have written on this before. In particular, low unemployment rates may reflect widespread disaffection with bad jobs; a low inflation rate does not reverse past price increases; and the incomes from growth may flow to profits and capital gains. These indicators are not useless—if they were bad, the situation would be even worse—but a good showing on them is insufficient. What did happen under Biden was a decline in real incomes - in household purchasing power. Prices had risen sharply in 2021–22, and even though the inflation rate was transient—contrary to screams from economists—the change in price levels was not. Wages struggled to catch up. Many people living on savings and pensions never did. While the White House moved quickly to bring down gas prices with oil sales from the Strategic Reserve, it did little to stop firms from padding their margins . Profits surged, as did rents , land prices, and the stock market . The Biden economists had overlooked a fundamental fact, which is that the ultimate benefit of any “stimulative” policy flows to those with market power—to land and to capital—regardless of how it may be distributed at first. In his interview with The New York Times , Bernstein accepted Larry Summers’s critique that Biden’s early fiscal policy had been too loose, unleashing inflation. But that critique was wrong then and it’s still wrong. Summers’s argument rests on a notion of working households living hand-to-mouth who would presumably rush to the grocery (and to the bars) with any extra cash they might receive. American households no longer function that way. They have budgets, bills, bank accounts, and habits. They took Covid relief as the buffer it was meant to be, saved what they did not need at once, and drew down those savings over time. Increased consumption (and investment in durable goods, like new cars and houses, as well as stocks and land) was largely limited to wealthy households , who were not the main recipients of Covid aid. Such households had free cash because they couldn’t spend their existing incomes, as they normally would, on services. And they had the extra benefit, for a time, of ultra-low interest rates. Pressure from voices like Summers led to an early curtailment of direct Covid relief, which fell just as prices rose. It is a shocking fact that while during Covid child poverty rates and food insecurity declined , those rates returned to pre-Covid levels when the benefits ended. Should we really be surprised that the affected families, having briefly tasted a better life for their children, were unhappy? At the same time, jobs were beginning to come back—but what jobs? In economic mythology, American life centers on work—on character-building, strength-testing, skill-demanding engagement with the physical world, on the farm, the range, the factory, the construction site or the open road. But most jobs today aren’t like that; practically all new jobs in America for the past 60 years have been in services—in shops, offices, restaurants; in accounting, bookkeeping, maintenance, and other minor professions. Most such jobs are neither secure nor well-paid, and it often takes two or more to sustain a middle-class household. Costs of commuting and child care make many secondary jobs barely profitable to hold. Covid relief and enforced unemployment gave many Americans a break, which they used to reassess their relationship to work. Many decided not to return, which is why the jobless rate fell and remained low , even though the employment-to-population ratio never fully recovered. As the economy began to open up again, employers needed workers. Vacancies rose. What to do? The option of raising wages (and improving working conditions) is never attractive, since the gains must be given to all workers, not merely those newly hired or rehired. The alternative is to put a squeeze on those who have left the labor force until they feel the pinch and come back, hat in hand, seeking a job. And this could be done, with the complicity of the Biden team, by letting Covid benefits expire , and by hiking interest rates . Price increases, directly boosting profits , also added to the pressure on the not-employed. Is it a surprise that people do not like being pressured to take “ bullshit jobs ”? Meanwhile, Biden’s policies aimed at industry, infrastructure, and the environment came into play; so did the endless flow of weapons for Ukraine. Whatever the long-term merits (or demerits) of these programs, their political impact was next to nil. Infrastructure goes unnoticed except as an annoying obstacle to the daily commute. Energy (if it works) feeds into an existing grid and arrives invisibly. American chips and other artifacts of the great “war” with China evoke no pride among ordinary consumers of the smartphone. Why should they? The total growth of manufacturing jobs since 2020 has amounted, so far, to at most a few hundred thousand —scarcely a month’s normal growth of jobs in America. Construction jobs are up by about 800,000 —but many of those are filled by migrants. There is almost no visible positive effect on any part of American economic life, outside the market caps of a few companies—which, like all companies, are owned mainly by the rich. The final and fatal blow to Bidenomics was the support given by the White House to the Federal Reserve, once the central bank started raising interest rates in March, 2022. Early on, President Biden gave his blessing —“Fighting inflation is the Fed’s job”—while also ducking his own responsibility to act against surging prices. Interest rates proved irrelevant to the “inflation fight”—they failed to slow economic growth or goose unemployment—but they froze up the housing market , made life miserable for small business, and undercut the viability of long-term investments, including renewable energy projects. Meanwhile, vast sums flowed in payments to banks on their reserves and to the tiny minority with large holdings of Treasury bills. The Biden economists never challenged these arrangements. They hewed to the craven orthodoxy, dominant among Democrats since the time of Robert Rubin, that the Fed’s independence is sacrosanct . But the entire point of an “independent” central bank is to defeat any economic program that serves the people to the inconvenience of Big Finance. To be fair, since at least the 1990s all Democratic administrations have been paralyzed by the schizoid division of the party itself. Democrats have come to depend on funding from oligarchs—in banking, technology, entertainment, and other elite sectors. Votes, however, must still be gathered from low-income (and especially minority) communities, who form a large part of what is called the American “working class.” But except in extraordinary conditions this group gets little from the government (apart from pandering to identity ), and what it does get—for instance, the Earned Income Tax Credit —is often as invisible as possible, to minimize political opposition. The pandemic allowed a dramatic exception, briefly revealing how conditions could be transformed by a radical policy. But instead of capitalizing on this event, Biden’s team steered for a return to normal. Meanwhile, Biden pursued an aggressive campaign of confrontation and escalation in Ukraine and the Middle East, as well as the economic combat with China—unwinnable wars on three fronts. So while I do not think it fair to blame Bernstein and his colleagues for the Harris defeat, that most Americans do not think of the Biden years as an era of happy prosperity should be no surprise.Susan Shelley: Slow counts show election system needs reformWorld number one Luke Humphries retained his Players Championship Finals title with an 11-7 victory over teenager Luke Littler in Minehead. Littler, who won the Grand Slam of Darts last week, hit checkouts of 170, 164 and 136 as he threatened to overturn an early deficit, but Humphries held his nerve to win the last three legs. “I’m really, really proud of that one to be honest,” Humphries told Sky Sports. FOR THE SECOND TIME 🏆🏆 Luke Humphries retains his 2024 Ladbrokes Players Championship Finals title, beating Luke Littler 11-7 in the final. — PDC Darts (@OfficialPDC) “I didn’t feel myself this week playing-wise, I felt like I was a dart behind in a lot of the scenarios but there’s something that Luke does to you. He really drives me, makes me want to be a better player and I enjoy playing him. “He let me in really early in that first session to go 4-1 up, I never looked back and I’m proud that I didn’t take my foot off the gas. These big games are what I live for. “Luke is a special talent and he was right – I said to him I’ve got to get these (titles) early before he wins them all. “I’d love to be up here and hitting 105 averages like Luke is all the time but he’s a different calibre, he’s probably the best player in the world right now but there’s something about me that never gives up. “This is a great way to go into the worlds.” HUMPHRIES GOES BACK-TO-BACK! 🏆 Luke Humphries retains his Players Championship Finals title! Cool Hand puts on an absolute clinic to defeat Luke Littler 11-7 in an epic final! 📺 | Final — PDC Darts (@OfficialPDC) Littler, who lost the world championship final to Humphries last year, said: “It was tough, missed a few doubles and if you don’t take chances early on, it’s a lot to come back. “I hit the 170 and the 164 but just didn’t have enough in the end. “It’s been a good past two weeks. I just can’t wait to go home, chill out, obviously practice at home for the worlds. That’s it now, leading up to the big one.”