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2025-01-26
jilipark 11
jilipark 11 Is a Career in Network Security Worth It? Pros and Cons

Canada’s chief of the defence staff says multiple global threats and military needs keep her up at night, but her top priority is boosting the number of people in the Canadian Armed Forces. Speaking to Mercedes Stephenson at the Halifax International Security Forum in an interview that aired Sunday on The West Block , Gen. Jennie Carignan said she’s pushing for recruitment to exceed 10 per cent of the military’s end-of-year goal if that target is met ahead of time, with an overall objective of returning to “full strength” in five years. “If we get close to the end of the year and we are at target, we’re not going to stop,” she said. “If we can go above, we will.” She added steps have been taken to streamline the recruiting process, and that work needs to be done to properly train those new recruits quickly and get them into service. The Department of National Defence says the Canadian Armed Forces is roughly 16,500 members short of its authorized target strength outlined in the updated defence policy. That’s added to concerns regarding Canada’s military readiness that has earned criticism from NATO allies, particularly the United States, as Canada continues to miss NATO’s benchmark of spending at least two per cent of GDP on defence. Ottawa says it plans to reach that target by 2032 and has already taken several steps to boost spending and procurement to meet its NATO commitments, yet concerns remain about whether the government’s plan is feasible. Beyond personnel, Carignan said she’s also prioritizing security and defence of the Arctic, where both Russia and China have encroached on Canada’s sovereignty. In contrast to previous years, Carignan said the deepening bond between Moscow and Beijing has led to more collaboration between the two counties. “We used to see presence from both of them, but now they come in, whether it’s through joint exercises or joint patrols, whether it’s via maritime ways or in the air as well,” she said. She added Russian and Chinese research vessels that are “constantly” navigating the Arctic are also gathering intelligence. Carignan said more investment is needed to modernize and expand existing detection capabilities in the Arctic. Although the government has committed billions of dollars to over-the-horizon radar systems in the North, she said procurement needs to be sped up to urgently get those systems in place. Incoming U.S. president-elect Donald Trump is expected to put pressure on allies to step up its defence spending and burden-sharing, which could put Canada in the crosshairs. But Carignan said she’s focused on maintaining Canadian sovereignty in a way that proves the country’s seriousness on defence to the U.S. “I am very seized with our responsibilities,” she said. “This is a key priority and definitely where we concentrate a lot of our efforts.” She said any potential settlement to the war in Ukraine — including a negotiated deal that gives Russia some of the land it has occupied since its invasion in 2022 — “is not going to modify” Canada’s efforts to reinforce its brigade in Latvia, which is scheduled to be fully operational by 2026. The brigade is a key part of NATO’s eastern defensive line in Europe. “We will need to look at our own involvement and contribution to Ukraine’s stability going into the future,” she said. “So, of course, we’re going to be watching and monitoring and adapting with the information that will be coming, that’s for sure.”A smart coal mining project in northwest China set a global record for autonomous driving this year, with the world’s largest mixed fleet of 56 driverless and over 800 manned trucks operating safely since June. These driverless trucks at the Heishan mine, 70 km south of Urumqi in Xinjiang Uygur Autonomous Region, can easily match the skill of experienced human drivers and are even capable of identifying obstacles as small as 10 cm from up to 40 meters away. The technology behind these cutting-edge vehicles is provided by CiDi Inc., a unicorn company specializing in commercial vehicle autonomous driving. Founded in 2017, it has applied for over 530 technical patents and participated in the formulation of over 50 industry standards. “Innovation is deeply embedded in our entrepreneurial philosophy,” said Ma Wei, CiDi’s co-founder, noting that the company’s commitment to technological advancement is fundamental to its growth. More than 75 percent of the company’s 500-strong staff are engaged in research and development (R&D), and its R&D investment accounts for over 40 percent of the operating costs. With a threefold revenue increase in the first half of this year, CiDi has arguably crossed the “valley of death” in the highly competitive and challenging field of autonomous driving, emerging as one of the industry’s top players. CiDi’s success is not an isolated case in China. Amid a challenging economic environment this year, many private companies have intensified their focus on innovation, overcoming headwinds to strengthen their core competitiveness and secure new growth opportunities. Chinese companies are currently facing challenges both at home and abroad. The sluggish global economy, coupled with rising trade protectionism, has dampened prospects in international markets while domestically, insufficient demand and the ongoing economic shift toward new growth drivers have also caused challenges. Liu Yuanchun, president of the Shanghai University of Finance and Economics, believes that the challenges posed by economic cycles and structural adjustments can also present growth opportunities and generate potential energy to drive economic development. Industry analysis shows that although the steel industry faces short-term pressure, there is strong demand for high-value-added steel products, particularly in sectors like electric vehicles. Similarly, while the notebook computer market is nearing saturation, sales of specialized products like gaming laptops and ultra-thin models are picking up pace. Despite the drag of insufficient domestic demand, some industries, such as travel and entertainment e-commerce, still saw notable growth. To capture the new growth points and opportunities, it is necessary to engage in innovation, meet the ever-changing market demands, and explore broader development space, according to experts. Li-Gong Industrial Co., an intelligent manufacturing solution provider, achieved rapid development this year as it precisely identified emerging opportunities in a niche market. Li Weichong, president of Li-Gong, saw a rapid increase in demand for small-batch, personalized intelligent equipment, as economic pressures have driven small and medium-sized enterprises (SMEs) to accelerate their intelligent transformation in a bid to stay competitive. In response, Li and his team acted swiftly. “We visit the factory of each customer to assess their digital transformation needs, designing robotic systems and customized software packages tailored to their specific requirements,” Li said, noting that Li-Gong’s digital transformation projects in 2024 have doubled compared with last year. For Cangzhou Four Stars Glass Co., which is striving to secure a strong position in the fiercely competitive market, its significant investment in assembly line upgrades finally paid off this year. The company invested nearly 300 million yuan (about 41.74 million U.S. dollars) in the past two and a half years to upgrade its factory for digitalized production. The investment brought financial pressure, but the transformation is aimed at long-term development, said Wang Huanyi, chairman of the glass producer, noting that the company reduced overall costs by 5 percent and saw a 20 percent increase in orders this year, a remarkable achievement amid intense market competition. Despite ongoing economic hardships, the rise of more innovation-driven enterprises is injecting new vitality into the market and creating new momentum for the Chinese economy. In the first three quarters of this year, 6.19 million new private enterprises were registered nationwide, with 40 percent of them engaged in new technologies, industries and business models. During the same period, the R&D investment of Chinese listed companies reached 1.1 trillion yuan, and in particular the R&D intensity of companies on the STAR market, China’s Nasdaq-style sci-tech innovation board, stood at 9.94 percent. Chinese authorities have ramped up efforts to support businesses this year, particularly private enterprises, through a series of policies aimed at easing their financial burdens, fostering innovation and creating a more favorable business environment. Among the most notable measures, the People’s Bank of China implemented a re-lending program to promote technological innovation and industrial upgrading. By the end of October, outstanding loans to technology-focused SMEs had reached 3.17 trillion yuan, marking a 21 percent increase from the previous year. The Ministry of Finance introduced tax relief policies for innovation and the manufacturing sector, offering over 2 trillion yuan in tax cuts, refunds and fee reductions during the first three quarters. For entrepreneurs like He Jianjun, who is developing nickel-based welding materials in Tianjin, policy support has been crucial. Initially facing financing problems, He’s company secured 2 million yuan in angel investment, followed by 10 million yuan loans from two banks. Recently, an SME financing guarantee center also provided a 15 million yuan guarantee for him. His company has since begun trial production, with promising market prospects ahead. During the Central Economic Work Conference held early this month, Chinese policymakers emphasized the support for private enterprises when mapping out the economic work for 2025. Key measures include enacting a law to promote the private sector, launching a campaign to standardize law enforcement involving enterprises, and establishing guidelines for building a unified national market. The Chinese government will strive to ensure fair competition, address issues like overdue payments, and create a stable and secure environment for business growth, according to experts. The supportive policies have already begun to make a noticeable impact this year, driving growth in private investment and boosting business sentiment. In the first 11 months of this year, private investment, excluding the real estate sector, rose by 6.2 percent from a year ago, and the exports and imports of private companies climbed by 8.7 percent. In November, industrial output from private enterprises increased by 4.5 percent. According to Ma Huateng, chairman and CEO of tech giant Tencent, recent government policies have strengthened businesses’ confidence in China’s economic recovery. “Private enterprises are poised for a bright future, and the Chinese economy is certain to overcome all challenges and continue to thrive,” he said. XinhuaFrom Deepika Padukone to Kareena Kapoor: Christmas-worthy red outfits worn by Bollywood divas Ranthambore's 10 safari zones: A guide to guaranteed tiger sightings Karisma Kapoor's saree fusion redefines the ultimate fashion statement 9 reasons to include moringa leaves in your diet on a daily basis Janhvi Kapoor gears up for a glamorous Christmas celebration 10 signs your employees are losing interest in their jobs Baby names based on adorable names of Jesus Christ ​10 classics that resonate the true spirit of Christmas​ Christmas 2024: How to make Coffee Walnut Cake for the special feast

While Seth Meyers is discussing his new HBO stand-up special “ Dad Man Walking ,” he’s visited by his 8-year-old son Ashe, who’s trying to keep it cool while his dad is on the phone. “He’s doing what he thinks is a helpful tiptoe walk that is 1/10 of the speed of normal,” Meyers narrates. “Now he’s pulling paper out of the printer one piece at a time. He’s finally leaving ... He’s also wearing pajamas that look like prison stripes.” It’s fitting that Meyers is facing the typical interruptions of parenthood while answering questions about “Dad Man Walking,” which is largely filled with the wry observations of a modern father and is in the race for the Golden Globes’ best performance in stand-up category. While his day job as the host of “Late Night With Seth Meyers” is marked by political comedy and celebrity interviews, he says he enjoys the different muscles he uses while sharpening his stand-up. “On ‘Late Night,’ I feel like my entire staff is a really good dance partner, where we all know what we’re after,” he says. “It’s so thrilling too to be doing your stand-up special where all of a sudden, you’re in Philly and realizing, ‘Wow, if I was in Studio 8, a lot of people would help me out — even just on a hair and makeup level.’ But I get that rush of going out on stage and just making people laugh. And the fine-tuning of language is a thing that you can do with a stand-up special that I’m so drawn to.” The process of crafting and perfecting a joke is instrumental to Meyers as a writer. He’s been able to sharpen the bits in this hour of stand-up through a series of co-headlining gigs and a New York City residency with his friend and fellow talk show host John Oliver. Meyers says he is consistently writing down funny ideas and real-life situations on his phone and can gauge what works by reading different nuances in the audience’s reaction. For example, while many of the jokes lovingly poke fun at his three kids — Ashe, 6-year-old Axel and 2-year-old Adelaide — and wife Alexi, Meyers can quickly find the line if he goes a little too far. “It’s how you feel in telling it — sometimes even just the way people laugh,” he says. “You invited it, and then you’re like, ‘That’s my wife I’m talking about!’ But if it’s ever anything I’m worried she won’t love, I try it first, and if I can’t make it work, there’s no reason to have brought it to her — only when it’s a feasible bit. To her credit, if it works, she’s always very supportive.” Ultimately, reflecting on life with his family for audiences is an essential part of Meyers’ love language. “I just love doing stand-up because it’s so different — not just in format, but also in the topics,” he says. “There’s something so universal about my family, and it should be noted that even though I bust on them pretty hard, I love talking about them. They’re my favorite people. Sometimes with ‘Late Night,’ which is a show I love doing, I spend a lot of time talking about people I don’t have a great deal of affection for, so it’s nice to be out there spending an hour sharing anecdotes and observations about my family, the best people on Earth.” As our conversation wraps, Ashe reenters the room — still clad in his prison-stripe pajamas — and wants to say goodbye to both me and his dad. We all wish each other a good night, and Meyers is off, ready to have a few more silly moments before bedtime.4 journalists, police officer killed by gangs at reopening of Haiti’s largest hospital

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Kylian Mbappe ended a four-game goal drought and Jude Bellingham netted for a second consecutive match as Real Madrid eased past Leganes 3-0 in LaLiga. Los Blancos, sitting in second, capitalised on leaders Barcelona’s draw to Celta Vigo on Saturday to move four points behind with a game in hand. After Mbappe’s first-half opener, Federico Valverde and Bellingham scored in the second half to make it seven goals and two clean sheets in two games for Madrid. Gerard Moreno’s late penalty helped fourth-placed Villarreal rescue a late point in a 2-2 draw at Osasuna. ⚽ @KMbappe 🫂 @ViniJr 🅰️ #LeganésRealMadrid pic.twitter.com/Zw9sqLBVDa — Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) November 24, 2024 Djibril Sow’s 27th-minute goal helped Sevilla to a 1-0 win over Rayo Vallecano, who had Unai Lopez sent off on the stroke of half-time. Oihan Sancet’s header in the first half helped Athletic Bilbao to a 1-0 win against Real Sociedad. In Serie A, Romelu Lukaku scored for Antonio Conte’s Napoli in a 1-0 win over Roma to help them reclaim top spot. Yacine Adli and Moise Kean were on the scoresheet as Fiorentina won 2-0 at Como, with Alberto Dossena shown a red at the death for Cesc Fabregas’ hosts. Milan Duric’s 63rd-minute equaliser cancelled out Adam Masina’s opener as Monza held Torino to a 1-1 draw. ⏹️ Full time: #NapoliRoma 1-0 💙 #ForzaNapoliSempre pic.twitter.com/S41nw13riV — Official SSC Napoli (@sscnapoli) November 24, 2024 Patrick Vieira was denied victory in his first game in charge of Genoa after Roberto Piccoli’s late penalty salvaged Cagliari a 2-2 draw. In Ligue 1, fourth-placed Lille inflicted more misery on struggling Rennes after Edon Zhegrova’s 45th-minute goal secured a 1-0 win. Le Havre returned to winning ways with a 2-0 victory at Nantes following goals from Josue Casimir and Steve Ngoura, while Hamed Traore’s late goal handed Auxerre a dramatic 1-0 triumph at home to Angers. Loubadhe Abakar Sylla’s own goal resulted in Nice snatching a 2-1 win at home to Strasbourg. Borussia Monchengladbach extended their unbeaten run in the Bundesliga to five games after goals from Alassane Plea and Tim Kleindienst gave them a 2-0 win over St Pauli, while Mainz beat Holstein Kiel 3-0.Social Security tackles overpayment ‘injustices,’ but problems remain

Net sales increased 2% versus last year with comparable sales up 1% Operating margin of 9.3% improved 270 basis points versus last year Market share gains across all brands in the quarter Raises outlook for fiscal 2024 net sales, gross margin and operating income growth SAN FRANCISCO , Nov. 21, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its third quarter ended November 2, 2024. "I'm proud that Gap Inc. delivered another successful quarter, growing net sales for the 4 th consecutive quarter and gaining market share across all brands while meaningfully expanding operating margin," said President and Chief Executive Officer, Richard Dickson . "Consistent execution of our strategic priorities, including the rigor and repetition we're applying to our brand reinvigoration playbook, is making us a stronger company and demonstrates our continued progress in unlocking Gap Inc.'s full potential." Dickson continued: "Holiday is off to a strong start and we remain focused on executing with excellence in the fourth quarter. Our performance year-to-date gives us the confidence to raise our full year outlook for sales, gross margin and operating income growth." Third Quarter Fiscal 2024 – Financial Results Balance Sheet and Cash Flow Highlights Additional information regarding free cash flow, which is a non-GAAP financial measure, is provided at the end of this press release along with a reconciliation of this measure from the most directly comparable GAAP financial measure for the applicable period. Third Quarter Fiscal 2024 – Global Brand Results Comparable Sales Third Quarter 2024 2023 Old Navy — % 1 % Gap 3 % (1) % Banana Republic (1) % (8) % Athleta 5 % (19) % Gap Inc. 1 % (2) % Old Navy: Gap: Banana Republic: Athleta: Fiscal 2024 Outlook As a result of its strong third quarter results, the company is raising its full year outlook for net sales, gross margin and operating income growth compared to prior expectations. Please note that the company's projected full year fiscal 2024 operating income growth below is provided in comparison to its full year fiscal 2023 adjusted operating income, which excludes $93 million in restructuring costs and a $47 million gain on sale of a building. Full Year Fiscal 2024 Current FY24 Outlook Prior FY24 Outlook FY23 Results Net sales Up 1.5% to 2.0% on a 52-week basis Up slightly on a 52-week basis $14.9 billion 1 Gross margin Approximately 220 bps expansion Approximately 200 bps expansion 38.8 % Operating expense Approximately $5.1 billion Approximately $5.1 billion $5.17 billion (adjusted) 2 Operating income Mid to High 60% growth range Mid to High 50% growth range $606 million (adjusted) 3 Effective tax rate Approximately 26.5% Approximately 28% 9.7 % Capital expenditures Approximately $500 million Approximately $500 million $420 million 1 Fiscal year 2023 consisted of 53 weeks and the extra week drove approximately $160 million of incremental sales. 2 Fiscal year 2023 adjusted operating expense of $5.17 billion excludes $89 million in restructuring costs and a $47 million gain on sale. 3 Fiscal year 2023 adjusted operating income of $606 million excludes $93 million in restructuring costs and a $47 million gain on sale. Webcast and Conference Call Information Whitney Notaro , Head of Investor Relations at Gap Inc., will host a conference call to review the company's third quarter fiscal 2024 results beginning at approximately 2:00 p.m. Pacific Time today. Ms. Notaro will be joined by President and Chief Executive Officer, Richard Dickson and Chief Financial Officer, Katrina O'Connell . A live webcast of the conference call and accompanying materials will be available online at investors.gapinc.com . A replay of the webcast will be available at the same location. Non-GAAP Disclosure This press release and related conference call include financial measures that have not been calculated in accordance with U.S. generally accepted accounting principles (GAAP) and are therefore referred to as non-GAAP financial measures. The non-GAAP measures described below are intended to provide investors with additional useful information about the company's financial performance, to enhance the overall understanding of its past performance and future prospects, and to allow for greater transparency with respect to important metrics used by management for financial and operating decision-making. The company presents these non-GAAP financial measures to assist investors in seeing its financial performance from management's view and because it believes they provide an additional tool for investors to use in computing the company's core financial performance over multiple periods with other companies in its industry. Additional information regarding the intended use of non-GAAP measures included in this press release and related conference call is provided in the tables to this press release. The non-GAAP measures included in this press release and related conference call are adjusted operating expense/adjusted SG&A, adjusted operating income, adjusted operating margin, adjusted diluted earnings per share, and free cash flow. These non-GAAP measures exclude the impact of certain items that are set forth in the tables to this press release. In addition, the company's outlook includes projected full year fiscal 2024 operating income growth compared to its full year fiscal 2023 adjusted operating income. The non-GAAP measures used by the company should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP and may not be the same as similarly titled measures used by other companies due to possible differences in method and in items or events being adjusted. The company urges investors to review the reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures included in the tables to this press release below, and not to rely on any single financial measure to evaluate its business. The non-GAAP financial measures used by the company have limitations in their usefulness to investors because they have no standardized meaning prescribed by GAAP and are not prepared under any comprehensive set of accounting rules or principles. Forward-Looking Statements This press release and related conference call and accompanying materials contain forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," "project," and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding the following: becoming a high performing company; unlocking Gap Inc.'s potential; our four strategic priorities, including maintaining and delivering financial and operational rigor, the reinvigoration of our brands, strengthening our operating platform, and energizing our culture; driving relevance and revenue by executing on our brand reinvigoration playbook; expectations for Old Navy for the holiday season; accelerating Old Navy's presence in the Active category; Old Navy's holiday activations and product; reigniting Gap brand's leadership in trend-right products and creative expression through big ideas and culturally relevant messaging; reestablishing Banana Republic to thrive in the premium lifestyle space; evolving Banana Republic's assortment and fit; continuing to fix the fundamentals at Banana Republic; Banana Republic's holiday product; Athleta's trajectory; Athleta's holiday product; enhancing Athleta's in-store and online experiences; driving high-performance across our teams; executing with excellence; Gap Inc.'s positioning going into the holiday season; expectations for our full year performance; expected year-end inventory levels; expected full year fiscal 2024 net sales; the expected impact of the loss of the 53rd week on full year fiscal 2024 net sales; expected fourth quarter fiscal 2024 net sales; the expected impacts of the loss of the 53rd week and the weekly calendar shift on fourth quarter fiscal 2024 net sales; expected full year fiscal 2024 gross margin; the expected impacts of commodity costs and better inventory management on full year fiscal 2024 gross margin; expected full year fiscal 2024 ROD; expected fourth quarter fiscal 2024 gross margin; the expected impact of the loss of the 53rd week on fourth quarter fiscal 2024 gross margin; expected full year fiscal 2024 SG&A/operating expense; continuing cost discipline and unlocking more efficiencies in the business; expected full year fiscal 2024 operating income; expected full year fiscal 2024 effective tax rate; expected full year fiscal 2024 capital expenditures; generating sustainable, profitable growth and delivering long-term shareholder value; and our dividend policy. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following risks, any of which could have an adverse effect on our business, financial condition, results of operations, or reputation: the overall global economic and geopolitical environment, including the ongoing Russia - Ukraine and Israel-Hamas conflicts and recent elections in the United States , and impacts on consumer spending patterns; social and political unrest in our sourcing countries, including Bangladesh , and disruptions to global trade and shipping capacity, including in the Red Sea; the risk that we or our franchisees may be unsuccessful in gauging apparel trends and changing consumer preferences or responding with sufficient lead time; the highly competitive nature of our business in the United States and internationally; the risk that we may be unable to manage our inventory effectively and the resulting impact on our gross margins and sales; the risk that our investments in customer, digital, and omni-channel shopping initiatives may not deliver the results we anticipate; the risk that we fail to maintain, enhance, and protect our brand image and reputation; the risk of loss or theft of assets, including inventory shortage; the risk that we fail to manage key executive succession and retention or continue to attract qualified personnel; reductions in income and cash flow from our credit card arrangement related to our private label and co-branded credit cards; the risk that changes in our business strategy or restructuring our operations may not generate the intended benefits or projected cost savings; the risk that trade matters could increase the cost or reduce the supply of apparel available to us; the risks to our business, including our costs and global supply chain, associated with global sourcing and manufacturing; the risks to our reputation or operations associated with importing merchandise from foreign countries, including failure of our vendors to adhere to our Code of Vendor Conduct; the risk that we or our franchisees may be unsuccessful in identifying, negotiating, and securing new store locations and renewing, modifying, or terminating leases for existing store locations effectively; engaging in or seeking to engage in strategic transactions that are subject to various risks and uncertainties; the risk that our efforts to expand internationally may not be successful; the risk that our franchisees and licensees could impair the value of our brands; the risk of data or other security breaches or vulnerabilities that may result in increased costs, violations of law, significant legal and financial exposure, and a loss of confidence in our security measures; the risk that failures of, or updates or changes to, our IT systems may disrupt our operations; the risk that our comparable sales and margins may experience fluctuations, that we may fail to meet financial market expectations, or that the seasonality of our business may experience fluctuations; the risk of foreign currency exchange rate fluctuations; the risk that our level of indebtedness may impact our ability to operate and expand our business; the risk that we and our subsidiaries may be unable to meet our obligations under our indebtedness agreements; the risk that changes in our credit profile or deterioration in market conditions may limit our access to the capital markets; natural disasters, public health crises (such as pandemics and epidemics), political crises (such as the ongoing Russia - Ukraine and Israel-Hamas conflicts), negative global climate patterns, or other catastrophic events; evolving regulations and expectations with respect to ESG matters, including climate reporting; the adverse effects of climate change on our operations and those of our franchisees, vendors, and other business partners; our failure to comply with applicable laws and regulations and changes in the regulatory or administrative landscape; the risk that we will not be successful in defending various proceedings, lawsuits, disputes, and claims; the risk that our estimates and assumptions used when preparing our financial information are inaccurate or may change; the risk that changes in the geographic mix and level of income or losses, the expected or actual outcome of audits, changes in deferred tax valuation allowances, and new legislation could impact our effective tax rate, or that we may be required to pay amounts in excess of established tax liabilities; the risk that changes in our business structure, our performance or our industry could result in reductions in our pre-tax income or utilization of existing tax carryforwards in future periods, and require additional deferred tax valuation allowances; the risk that the adoption of new accounting pronouncements will impact future results; and the risk that additional information may arise during our close process or as a result of subsequent events that would require us to make adjustments to our financial information. Additional information regarding factors that could cause results to differ can be found in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 19, 2024 , as well as our subsequent filings with the Securities and Exchange Commission. These forward-looking statements are based on information as of November 21, 2024 . We assume no obligation to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. About Gap Inc. Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy , Gap , Banana Republic , and Athleta brands offer clothing, accessories, and lifestyle products for men, women and children. Since 1969, Gap Inc. has created products and experiences that shape culture, while doing right by employees, communities and the planet. Gap Inc. products are available worldwide through company-operated stores, franchise stores, and e-commerce sites. Fiscal year 2023 net sales were $14.9 billion . For more information, please visit www.gapinc.com . Investor Relations Contact: Nina Bari Investor_relations@gap.com Media Relations Contact: Megan Foote Press@gap.com The Gap, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED ($ in millions) November 2, 2024 October 28, 2023 ASSETS Current assets: Cash and cash equivalents $ 1,969 $ 1,351 Short-term investments 250 — Merchandise inventory 2,331 2,377 Other current assets 580 646 Total current assets 5,130 4,374 Property and equipment, net of accumulated depreciation 2,546 2,552 Operating lease assets 3,217 3,200 Other long-term assets 960 926 Total assets $ 11,853 $ 11,052 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 1,523 $ 1,433 Accrued expenses and other current liabilities 1,135 1,078 Current portion of operating lease liabilities 617 604 Income taxes payable 50 24 Total current liabilities 3,325 3,139 Long-term liabilities: Long-term debt 1,489 1,488 Long-term operating lease liabilities 3,360 3,456 Other long-term liabilities 544 509 Total long-term liabilities 5,393 5,453 Total stockholders' equity 3,135 2,460 Total liabilities and stockholders' equity $ 11,853 $ 11,052 The Gap, Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS UNAUDITED 13 Weeks Ended 39 Weeks Ended ($ and shares in millions except per share amounts) November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net sales $ 3,829 $ 3,767 $ 10,937 $ 10,591 Cost of goods sold and occupancy expenses 2,194 2,211 6,322 6,488 Gross profit 1,635 1,556 4,615 4,103 Operating expenses 1,280 1,306 3,762 3,757 Operating income 355 250 853 346 Interest, net (6) — (12) 8 Income before income taxes 361 250 865 338 Income tax expense 87 32 227 21 Net income $ 274 $ 218 $ 638 $ 317 Weighted-average number of shares - basic 377 371 376 369 Weighted-average number of shares - diluted 383 375 383 373 Earnings per share - basic $ 0.73 $ 0.59 $ 1.70 $ 0.86 Earnings per share - diluted $ 0.72 $ 0.58 $ 1.67 $ 0.85 The Gap, Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED 39 Weeks Ended ($ in millions) November 2, 2024 (a) October 28, 2023 (a) Cash flows from operating activities: Net income $ 638 $ 317 Depreciation and amortization 371 394 Gain on sale of building — (47) Change in merchandise inventory (344) (5) Change in accounts payable 156 133 Other, net

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Social Security tackles overpayment ‘injustices,’ but problems remain

5 soldiers die, 5 injured as army vehicle falls into Gorge in J&KWASHINGTON (AP) — President-elect Donald Trump’s allies on Capitol Hill rallied around Pete Hegseth , Trump’s Pentagon pick, on Thursday even as new details surfaced about allegations that he had sexually assaulted a woman in 2017. The GOP embrace of Hegseth came as another controversial Trump nominee, Matt Gaetz, withdrew from consideration for attorney general. Gaetz said it was clear he had become a “distraction" amid pressure on the House to release an ethics report about allegations of his own sexual misconduct. An attorney for two women has said that his clients told House Ethics Committee investigators that Gaetz paid them for sex on multiple occasions beginning in 2017, when Gaetz was a Florida congressman. Fresh questions over the two nominees' pasts, and their treatment of women, arose with Republicans under pressure from Trump and his allies to quickly confirm his Cabinet. At the same time, his transition has so far balked at the vetting and background checks that have traditionally been required. While few Republican senators have publicly criticized any of Trump's nominees, it became clear after Gaetz's withdrawal that many had been harboring private concerns about him. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, said it was a “positive move.” Mississippi Sen. Roger Wicker said it was a “positive development.” Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” After meeting with Hegseth, though, Republicans rallied around him. “I think he’s going to be in pretty good shape,” said Wicker, who is expected to chair the Senate Armed Services Committee in the next Congress. Republican senators' careful words, and their early reluctance to publicly question Trump's picks, illustrated not only their fear of retribution from the incoming president but also some of their hopes that the confirmation process can proceed normally, with proper vetting and background checks that could potentially disqualify problematic nominees earlier. Gaetz withdrew after meeting with senators on Wednesday. Sen. Thom Tillis said Gaetz was “in a pressure cooker” when he decided to withdraw, but suggested that it would have little bearing on Trump’s other nominees. “Transactions — one at a time,” he said. As the Hegseth nomination proceeds, Republicans also appear to be betting that they won't face much backlash for publicly setting aside the allegations of sexual misconduct — especially after Trump won election after being found liable for sexual abuse last year. Hegseth held a round of private meetings alongside incoming Vice President JD Vance on Thursday in an attempt to shore up support and told reporters afterward: “The matter was fully investigated and I was completely cleared, and that’s where I’m gonna leave it.” A 22-page police report report made public late Wednesday offered the first detailed account of the allegations against him. A woman told police that she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave. The report cited police interviews with the alleged victim, a nurse who treated her, a hotel staffer, another woman at the event and Hegseth. Hegseth’s lawyer, Timothy Palatore, said the incident was “fully investigated and police found the allegations to be false.” Hegseth paid the woman in 2023 as part of a confidential settlement to head off the threat of what he described as a baseless lawsuit, Palatore has said. Wicker played down the allegations against Hegseth, a former Fox News host, saying that “since no charges were brought from the authorities, we only have press reports.” Sen. Bill Hagerty, R-Tenn., said after his meeting with Hegseth that he "shared with him the fact that I was saddened by the attacks that are coming his way.” Hagerty dismissed the allegations as “a he-said, she-said thing” and called it a “shame” that they were being raised at all. The senator said attention should instead be focused on the Defense Department that Hegseth would head. It's one of the most complex parts of the federal government with more than 3 million employees, including military service members and civilians. Sexual assault has been a persistent problem in the military, though Pentagon officials have been cautiously optimistic they are seeing a decline in reported sexual assaults among active-duty service members and the military academies. Wyoming Sen. John Barrasso, who will be the No. 2 Republican in the Senate next year, said after his meeting with Hegseth that the nominee is a strong candidate who “pledged that the Pentagon will focus on strength and hard power – not the current administration’s woke political agenda.” Senate Republicans are under pressure to hold hearings once they take office in January and confirm nominees as soon as Trump is inaugurated, despite questions about whether Trump’s choices will be properly screened or if some, like Hegseth, have enough experience for the job. Senate Armed Services Chairman Jack Reed, who will be the top Democrat on the panel next year, said the reports on Hegseth “emphasized the need for a thorough investigation by the FBI on the background of all the nominees.” It takes a simple majority to approve Cabinet nominations, meaning that if Democrats all opposed a nominee, four Republican senators would also have to defect for any Trump choice to be defeated. Trump has made clear he’s willing to put maximum pressure on Senate Republicans to give him the nominees he wants – even suggesting at one point that they allow him to just appoint his nominees with no Senate votes. But senators insist, for now, that they are not giving up their constitutional power to have a say. “The president has the right to make the nominations that he sees fit, but the Senate also has a responsibility for advice and consent,” said Republican Sen. Mike Rounds of South Dakota. In the case of Gaetz, he said, “I think there was advice offered rather than consent.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get Government & Politics updates in your inbox!Kansas City Chiefs back to winning ways against Carolina Panthers

Embrace integrity, selflessness, NIPR President tells Nigerian leadersPodcast Hosting Platform Market Set for Exceptional Growth from 2024 to 2032 12-25-2024 07:38 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Prudent Markets Podcast Hosting Platform Market The Podcast Hosting Platform Market 2024-2023 report provides a comprehensive analysis of Types (Cloud Based, On Premises), Application (Large Enterprises, SMEs), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast, 2024-2032. Major Players of Podcast Hosting Platform Market are: SoundCloud, Anchor FM, Transistor, Podbean, Libsyn, Higher Pixels, Voxnest, Casted, RSS, Soundwise, bCast, PodcastMotor, PodOmatic, Simplecast, Captivate, SquadCast, Bluberry Podcating, OmnyStudio, Audioboom, Blubrry Podcasting, Podcast.co, SeedCast, Whooshkaa, Zencast, Acast, NCrypted Technologies, Pinecast, Podtrics, Ausha, Backtracks Get PDF Sample Report Now! @ https://www.prudentmarkets.com/sample-request/9169163/ Podcast hosting platforms and sites provide users with file hosting and RSS feeds for their uploaded podcasts. Podcast hosting platforms offer substantial server storage space required to house large audio files like podcasts. Uploaded podcasts can then be embedded elsewhere on the internet, fed into podcast directories, or played back by direct visitors to the site. This report provides a deep insight into the global Podcast Hosting Platform market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Podcast Hosting Platform Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. Segmentation of Podcast Hosting Platform Market- By Type Cloud Based, On Premises By Application Large Enterprises, SMEs Geographic Segmentation -North America (USA, Canada, Mexico) -Europe (Germany, UK, France, Russia, Italy, Rest of Europe) -Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) -South America (Brazil, Argentina, Columbia, Rest of South America) -The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA) Prudent Markets provides attractive discounts that fit your needs. Customization of the reports as per your requirement is also offered. Get in touch with our sales team, who will guarantee you a report that suits your needs. Speak To Our Analyst For A Discussion On The Above Findings, And Ask For A Discount On The Report @ https://www.prudentmarkets.com/discount-request/9169163/ Key Benefits of the Report: This study presents the analytical depiction of the Podcast Hosting Platform Industry along with the current trends and future estimations to determine the imminent investment pockets. The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Podcast Hosting Platform Market share. The current market is quantitatively analyzed from to highlight the Global Gardening Pots Market growth scenario. Porter's five forces analysis illustrates the potency of buyers & suppliers in the market. The report provides a detailed Podcast Hosting Platform Market analysis based on competitive intensity and how the competition will take shape in coming years. Key poles of the TOC: Chapter 1 Podcast Hosting Platform Market Business Overview Chapter 2 Major Breakdown by Type Chapter 3 Major Application Wise Breakdown (Revenue & Volume) Chapter 4 Manufacture Market Breakdown Chapter 5 Sales & Estimates Market Study Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type Chapter 11 Business / Industry Chain (Value & Supply Chain Analysis) Chapter 12 Conclusions & Appendix The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Podcast Hosting Platform Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market. For In-Depth Competitive Analysis - Purchase this Report now at a Complete Table of Contents (Single User License) @ https://www.prudentmarkets.com/checkout/?id=9169163&license_type=su Free Customization on the basis of client requirements on Immediate purchase: 1- Free country-level breakdown of any 5 countries of your interest. 2- Competitive breakdown of segment revenue by market players. Customization of the Report: This report can be customized to meet the client's requirements. Please connect with our sales team (sales@prudentmarkets.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements. In conclusion, the Podcast Hosting Platform Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report. Contact Us: Allan Carter Andheri, Maharashtra, 400102 USA/Canada(Toll Free): 1800-601-6071 Direct Line: +91 83560 50278 Mail: sales@prudentmarkets.com Web: www.prudentmarkets.com About Us: We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy. This release was published on openPR.

In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the benefits may prove elusive. Cars that don't require hands on the wheel are arriving. The industry grades capabilities on Levels 0 to 5, ranging from no support to vehicles handling any scenario without a human pilot. Alphabet's Waymo, Pony AI and Baidu already operate Level 4 rentable cars, dubbed robotaxis, which can operate without drivers in test zones. Only 5.5 percent, opens new tab of cars sold in 2024 include simpler Level 2+ assistance like cruise control and automated lane changes, estimates Canalys. Incoming US President Donald Trump may be a catalyst. He wants to shrink regulations on artificial intelligence development, the Washington Post reported, opens new tab, and appointed Tesla CEO and Cybercab creator Elon Musk to reduce bureaucracy. Even small steps like expanding pilots would allow carmakers to gather data and commercialise advances sooner. For what happens next, look to China, where at least 19 companies are trialling fully autonomous vehicles. Goldman Sachs reckons the People's Republic could see 90 percent of sales boast Level 3 or above by 2040, versus 65 percent in the United States. If Trump accelerates adoption, US highways will look more Chinese. Countries in Europe and elsewhere will face pressure to follow suit. Chart shows Goldman Sachs analysts estimate that partially autonomous cars will achieve more than 60 percent penetration by 2035, compared with a forecast of approximately 25 percent penetration in 2025 Chart shows Goldman Sachs analysts estimate that partially autonomous cars will achieve more than 60 percent penetration by 2035, compared with a forecast of approximately 25 percent penetration in 2025 Progress brings risks. Carmakers use both incentives and features to lure customers. In China, autonomous technology has become a deflationary weapon in a price war. A Bernstein survey showed around half of consumers there now expect self-driving gizmos at no extra cost when buying electric cars. Citi research suggests that, in 2025, models below 200,000 yuan (about $28,000) will include those features, and they'll be key in purchase decisions. That means the $400 billion prize will be hard to grasp, as autonomous tech increases costs without necessarily enabling higher prices. Yet products without these features will be less competitive, forcing laggards to pay to catch up. BYD whose founder once dismissed, opens new tab the concept, has pledged $14 billion towards developing self-driving rides. Toyota earmarked 1.7 trillion yen ($11.3 billion) for software and earlier this year. Buying innovation is an option: Volkswagen invested $700 million in China's Xpeng to access expertise. Other pioneers that could prove attractive partners include Li Auto or smartphone maker Xiaomi. In 2025, carmakers will work hard to stay in the autonomous driving race. In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the benefits may prove elusive. Cars that don't require hands on the wheel are arriving. The industry grades capabilities on Levels 0 to 5, ranging from no support to vehicles handling any scenario without a human pilot. Alphabet's Waymo, Pony AI and Baidu already operate Level 4 rentable cars, dubbed robotaxis, which can operate without drivers in test zones. Only 5.5 percent, opens new tab of cars sold in 2024 include simpler Level 2+ assistance like cruise control and automated lane changes, estimates Canalys. Incoming US President Donald Trump may be a catalyst. He wants to shrink regulations on artificial intelligence development, the Washington Post reported, opens new tab, and appointed Tesla CEO and Cybercab creator Elon Musk to reduce bureaucracy. Even small steps like expanding pilots would allow carmakers to gather data and commercialise advances sooner. For what happens next, look to China, where at least 19 companies are trialling fully autonomous vehicles. Goldman Sachs reckons the People's Republic could see 90 percent of sales boast Level 3 or above by 2040, versus 65 percent in the United States. If Trump accelerates adoption, US highways will look more Chinese. Countries in Europe and elsewhere will face pressure to follow suit. Chart shows Goldman Sachs analysts estimate that partially autonomous cars will achieve more than 60 percent penetration by 2035, compared with a forecast of approximately 25 percent penetration in 2025 Chart shows Goldman Sachs analysts estimate that partially autonomous cars will achieve more than 60 percent penetration by 2035, compared with a forecast of approximately 25 percent penetration in 2025 Progress brings risks. Carmakers use both incentives and features to lure customers. In China, autonomous technology has become a deflationary weapon in a price war. A Bernstein survey showed around half of consumers there now expect self-driving gizmos at no extra cost when buying electric cars. Citi research suggests that, in 2025, models below 200,000 yuan (about $28,000) will include those features, and they'll be key in purchase decisions. That means the $400 billion prize will be hard to grasp, as autonomous tech increases costs without necessarily enabling higher prices. Yet products without these features will be less competitive, forcing laggards to pay to catch up. BYD whose founder once dismissed, opens new tab the concept, has pledged $14 billion towards developing self-driving rides. Toyota earmarked 1.7 trillion yen ($11.3 billion) for software and earlier this year. Buying innovation is an option: Volkswagen invested $700 million in China's Xpeng to access expertise. Other pioneers that could prove attractive partners include Li Auto or smartphone maker Xiaomi. In 2025, carmakers will work hard to stay in the autonomous driving race.None

CHICAGO , Dec. 20, 2024 /PRNewswire/ -- In recognition of nearly 200,000 osteopathic physicians (DOs) and medical students in the U.S., more than 20 states and cities across the nation are observing December 2024 as Osteopathic Medicine Month. This designation recognizes the 150 th anniversary of osteopathic medicine, which applies a distinctive philosophy and approach to caring for patients in all areas of medicine, including primary care, surgery and specialty fields. DOs are fully licensed physicians who are trained to provide comprehensive care with a focus on preventive medicine and whole-person wellness. DOs hold some of the most distinguished positions in medicine today, caring for the U.S. President, overseeing the NASA medical team and leading some of the nation's top-ranked hospitals and health systems. The profession is one of the fastest-growing in health care, making up more than 10% of physicians and 28% of medical students in the U.S. Earlier this month, U.S. President Joe Biden issued a congratulatory letter to the New York Institute of Technology College of Osteopathic Medicine, recognizing the osteopathic profession's tremendous contributions to health care during the past 150 years. "As you celebrate this milestone anniversary, it is my hope that you are filled with pride in all the progress the osteopathic medical community has achieved—from pioneering medical discoveries to improving the health and well-being of Americans across the nation and so much more," the letter states. To date, more than 20 state and city leaders have issued proclamations declaring December 2024 as Osteopathic Medicine Month, including Alabama , Idaho , Illinois , Iowa , Michigan , Montana , Ohio , Oklahoma , Virginia , and West Virginia . "This remarkable achievement not only honors the rich history of our profession but also highlights the profound role of osteopathic medicine in health care today," said American Osteopathic Association President Teresa A. Hubka , DO, FACOOG (Dist). "Through patient-centered care and a commitment to understanding the root causes of illness, osteopathic physicians are shaping the future of medicine." For more information, visit www.osteopathic.org . About the AOA The American Osteopathic Association (AOA) represents more than 197,000 osteopathic physicians (DOs) and osteopathic medical students; promotes public health; encourages scientific research; serves as the primary certifying body for DOs; and is the accrediting agency for osteopathic medical schools. To learn more about DOs and the osteopathic philosophy of medicine, visit www.FindaDO.org . View original content to download multimedia: https://www.prnewswire.com/news-releases/more-than-20-states-and-cities-designate-december-as-osteopathic-medicine-month-302337665.html SOURCE American Osteopathic Association

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