Jimmy Butler says he's not worrying about his future with Heat amid trade speculation Jimmy Butler knows there are tons of questions about his future with the Miami Heat. He might get traded, he might leave as a free agent next summer, he might exercise a $52.4 million option to return to the Heat or he might get a new contract. He isn't sure what will happen. The Heat forward spoke out about trade speculation Wednesday, telling reporters after practice that he doesn’t mind his name being in the rumor mill. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Trump sides with Elon Musk in H-1B visa debate, says he’s always been in favor of the programNEW YORK (AP) — President-elect Donald Trump’s recent dinner with Canadian Prime Minister Justin Trudeau and his visit to Paris for the reopening of the Notre Dame Cathedral were not just exercises in policy and diplomacy. They were also prime trolling opportunities for Trump. Throughout his first term in the White House and during his campaign to return, Trump has spun out countless provocative, antagonizing and mocking statements. There were his belittling nicknames for political opponents, his impressions of other political figures and the plentiful memes he shared on social media. Now that's he's preparing to return to the Oval Office, Trump is back at it, and his trolling is attracting more attention — and eyerolls. On Sunday, Trump turned a photo of himself seated near a smiling first lady Jill Biden at the Notre Dame ceremony into a social media promo for his new perfume and cologne line, with the tag line, “A fragrance your enemies can’t resist!” The first lady’s office declined to comment. When Trudeau hastily flew to Florida to meet with Trump last month over the president-elect's threat to impose a 25% tax on all Canadian products entering the U.S., the Republican tossed out the idea that Canada become the 51st U.S. state. The Canadians passed off the comment as a joke, but Trump has continued to play up the dig, including in a post Tuesday morning on his social media network referring to the prime minister as “Governor Justin Trudeau of the Great State of Canada.” After decades as an entertainer and tabloid fixture, Trump has a flair for the provocative that is aimed at attracting attention and, in his most recent incarnation as a politician, mobilizing fans. He has long relished poking at his opponents, both to demean and minimize them and to delight supporters who share his irreverent comments and posts widely online and cheer for them in person. Trump, to the joy of his fans, first publicly needled Canada on his social media network a week ago when he posted an AI-generated image that showed him standing on a mountain with a Canadian flag next to him and the caption “Oh Canada!” After his latest post, Canadian Immigration Minister Marc Miller said Tuesday: “It sounds like we’re living in a episode of South Park." Trudeau said earlier this week that when it comes to Trump, “his approach will often be to challenge people, to destabilize a negotiating partner, to offer uncertainty and even sometimes a bit of chaos into the well established hallways of democracies and institutions and one of the most important things for us to do is not to freak out, not to panic.” Even Thanksgiving dinner isn't a trolling-free zone for Trump's adversaries. On Thanksgiving Day, Trump posted a movie clip from “National Lampoon’s Christmas Vacation” with President Joe Biden and other Democrats’ faces superimposed on the characters in a spoof of the turkey-carving scene. The video shows Trump appearing to explode out of the turkey in a swirl of purple sparks, with the former president stiffly dancing to one of his favorite songs, Village People’s “Y.M.C.A." In his most recent presidential campaign, Trump mocked Florida Gov. Ron DeSantis, refusing to call his GOP primary opponent by his real name and instead dubbing him “Ron DeSanctimonious.” He added, for good measure, in a post on his Truth Social network: “I will never call Ron DeSanctimonious ‘Meatball’ Ron, as the Fake News is insisting I will.” As he campaigned against Biden, Trump taunted him in online posts and with comments and impressions at his rallies, deriding the president over his intellect, his walk, his golf game and even his beach body. After Vice President Kamala Harris took over Biden's spot as the Democratic nominee, Trump repeatedly suggested she never worked at McDonalds while in college. Trump, true to form, turned his mocking into a spectacle by appearing at a Pennsylvania McDonalds in October, when he manned the fries station and held an impromptu news conference from the restaurant drive-thru. Trump’s team thinks people should get a sense of humor. “President Trump is a master at messaging and he’s always relatable to the average person, whereas many media members take themselves too seriously and have no concept of anything else other than suffering from Trump Derangement Syndrome,” said Steven Cheung, Trump’s communications director. “President Trump will Make America Great Again and we are getting back to a sense of optimism after a tumultuous four years.” Though both the Biden and Harris campaigns created and shared memes and launched other stunts to respond to Trump's taunts, so far America’s neighbors to the north are not taking the bait. “I don’t think we should necessarily look on Truth Social for public policy,” Miller said. Gerald Butts, a former top adviser to Trudeau and a close friend, said Trump brought up the 51st state line to Trudeau repeatedly during Trump’s first term in office. “Oh God,” Butts said Tuesday, “At least a half dozen times.” “This is who he is and what he does. He’s trying to destabilize everybody and make people anxious,” Butts said. “He’s trying to get people on the defensive and anxious and therefore willing to do things they wouldn’t otherwise entertain if they had their wits about them. I don’t know why anybody is surprised by it.” Gillies reported from Toronto. Associated Press writer Darlene Superville contributed to this report.BENSALEM, Pa., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com . Acadia Healthcare Company Inc. ACHC Class Period: February 28, 2020 – October 18, 2024 Lead Plaintiff Deadline: December 16, 2024 The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) Acadia's business model centered on holding vulnerable people against their will in its facilities, including in cases where it was not medically necessary to do so; (2) while in Acadia facilities, many patients were subjected to abuse; (3) Acadia deceived insurance providers into paying for patients to stay in its facilities when it was not medically necessary; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. WM Technology, Inc. MAPS Class Period: May 25, 2021– September 24, 2024 Lead Plaintiff Deadline: December 16, 2024 The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company, in allowing a key financial metric to be manipulated, did not maintain adequate internal controls over financial reporting; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. The Toronto-Dominion Bank TD Class Period: February 29, 2024 – October 9, 2024 Lead Plaintiff Deadline: December 23, 2024 The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) TD's optimistic claims of updating and fixing the Company's AML program, alleging a full understanding of the scope of the issue, and further setting aside a significant provision of approximately $3 billion claimed to cover the anticipated monetary impact of the resolutions fell well short of any level of appropriate transparency towards its investors; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Mynaric AG MYNA Class Period: June 20, 2024 – October 7, 2024 Lead Plaintiff Deadline: December 30, 2024 The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) lower-than-expected production yields and component supplier shortages of key components were causing production delays for Mynaric's CONDOR Mk3 product; (2) the foregoing issues were likely to have a material negative impact on the Company's revenue growth and cause the Company to incur an operating loss; (3) as a result, Mynaric was unlikely to meet its own previously issued financial guidance for FY 2024; (4) accordingly, the Company's business and/or financial prospects were overstated; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com , or visit our website at www.howardsmithlaw.com . This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 888-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NEW YORK — The last of the crystal triangles that make up this year's Times Square New Year's Eve ball were installed Friday morning. It's the first time in 10 years that all 2,688 were replaced at once. Singer Pitbull attends the Times Square New Year's Eve Ball Crystal Installation on Friday at One Times Square in New York. Rapper Pitbull and inventor Joy Mangano were among those on hand to help the organizers of the celebration put the final pieces in place atop One Times Square, the skyscraper from which the 11,875-pound geodesic sphere drops to mark the new year. Singer Pitbull, left, and Joy Mangano, right, founder of CleanBoss, install a crystal Friday during the Times Square New Year's Eve Ball Crystal Installation at One Times Square in New York. A New Year's Eve ball was first dropped in Times Square in 1907. Built by a young immigrant metalworker named Jacob Starr, the 700-pound, 5-foot diameter ball was made of iron and wood and featured 100 25-watt lightbulbs. Six newer versions of the ball were featured in the century-plus since that first celebration. Times Square New Year's Eve Ball is displayed Friday at One Times Square in New York. The only years no ball drop occurred were 1942 and 1943, when the city instituted a nightly "dimout" during World War II to protect itself from attacks. Crowds instead celebrated the new year with a moment of silence followed by chimes rung from the base of One Times Square. As the new year approaches, many people begin thinking about their resolutions—typically focusing on physical health, saving money, or spending more time with family. One area that often gets overlooked is mental health. The pressure to "get fit" or "eat better" is well-known, but taking care of mental well-being is just as important as improving physical health, especially since mental health impacts every aspect of life. At first glance, mental health goals can seem intangible and subjective, but there are scientifically-proven ways to set achievable, measurable, and personalized mental wellness goals that will help anyone thrive in 2025. Vivian Chung Easton, a mental health therapist at Blueprint , a company focused on building AI-powered tools to help therapists, shares recommendations for setting mental health resolutions. One of the most important mental wellness goals for 2025 is to prioritize self-compassion and resilience. In a culture that often celebrates hustle and perfection, it's easy to push yourself too hard, setting unrealistic expectations that only add to stress and anxiety. But research shows that self-compassion and resilience are critical factors in coping with stress and maintaining long-term mental well-being. A 2021 study by Kristin Neff and Christopher Germer highlights that self-compassion—treating yourself with kindness when things don't go as planned—can reduce emotional distress and improve resilience. Instead of criticism for not meeting a goal or making a mistake, practice affirmations or positive self-talk. A simple goal, like being kinder to yourself during setbacks, can help reduce stress and boost mental wellness. A goal can look something like this: Making room for self-compassion this year can be a transformative step toward building resilience and enhancing overall mental health. Social connection is one of the most important factors in mental wellness, yet it's often overlooked in favor of individual self-improvement goals. Physical isolation can lead to loneliness, but social isolation is also strongly linked to mental health challenges like depression and anxiety, according to a study by Juliannee Holt-Lundstad. Meaningful relationships and community support can improve how satisfied you feel in your life on a day-to-day basis. This year, make it a goal to strengthen and nurture social connections, whether that means reconnecting with old friends, regularly scheduling family time, or joining social groups and clubs—like a book club, gym, or church group. For example, a social wellness goal can look like: Building mental wellness isn't just about managing thoughts and feelings; it's also about fostering a strong support network. Social connections are integral to building emotional resilience. Just as physical fitness is associated with physical health, mindfulness is often associated with mental fitness. However, practicing mindfulness is just as important as going for a run or lifting weights when it comes to mental wellness. Mindfulness-based practices—such as meditation, yoga, or breathing exercises—have been shown to reduce symptoms of anxiety and depression, improve focus, and boost emotional well-being according to research by Stefan Hofman in the Journal of Consulting and Clinical Psychology. Incorporating mindfulness into a routine doesn't have to be time-consuming or difficult. Start small by committing to 5–10 minutes of mindfulness practice a few times a week . Focus on breath, practice guided meditation, or even engage in mindful walking or eating. A simple goal might be: These exercises are called a practice for a reason: doing them consistently and often can strengthen your ability over time. These practices not only reduce stress in the moment but also help to build resilience over time, making it easier to handle future challenges. Whatever New Year's resolution you might have, a large obstacle is setting goals that are too ambitious or unrealistic. Whether it's aiming to exercise every day or cutting out all sugar, overambitious goals can lead to burnout and disappointment when progress isn't immediate. This is especially true for mental health goals, which often require patience and consistency. Using these suggestions for mental health goals, focus on how to personalize them to make them realistic and achievable for your life. Research from the American Psychological Association shows that people are more likely to succeed in their resolutions when they set realistic and incremental goals. Instead of vague, broad goals like "be happier" or "stress less," focus on small, concrete actions that can lead to big changes over time. One effective approach is to use SMART goals—goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. For example: These specific, measurable actions make it easier to track progress and feel a sense of accomplishment along the way. Plus, they're more realistic and achievable, which increases your chances of success. It happens every year—gyms always seem to empty out before spring starts. One of the challenges of New Year's resolutions is that many people abandon their goals as early as January. However, mental health goals require ongoing attention and flexibility. Unlike weight loss or fitness goals, mental wellness is a journey, not an endpoint. Regularly tracking progress is essential. By setting aside time to evaluate personal progress, it's easier to adjust your goals and make necessary changes to keep things on track. Research shows that regular goal check-ins increase the likelihood of long-term success. Consider setting quarterly check-ins with yourself to assess your mental health goals: If you're not meeting your targets, adjust them to make them more realistic. Mental health progress doesn't always follow a straight line, so it's important to be flexible and forgiving with yourself. The new year is inherently a time of change, and that can be a helpful mindset in seeing new potential for growth and taking action. As you set your resolutions for 2025, don't forget to prioritize mental wellness. By focusing on achievable, realistic goals—you're setting yourself up for a healthier, more fulfilling year. Mental health is just as important as physical health, and nurturing it can help to reach other goals more effectively. Even if, in a month or two, you feel like you're falling behind—mental health goals can and should be flexible and adaptable. You can always adjust your approach if things aren't serving you, and check in with yourself regularly to stay on track. Goals are personal, and you're always in control. Here's to a year of growth, balance, and emotional well-being in 2025. This stor y was produced by Blueprint and reviewed and distributed by Stacker. Photo Credit: Alberto Menendez Cervero / Shutterstock As anyone who’s ever started a business knows, getting one off the ground is not for the faint of heart. Entrepreneurs face numerous challenges in the early years, from solidifying business plans to navigating the complexities of hiring employees and acquiring licenses and insurance. These hurdles often determine the fate of a startup, making the journey from an idea to a successful enterprise both difficult and uncertain. Each year, millions of Americans file new business applications , but only a fraction of these ventures transition to hiring employees. Among those that do, surviving the critical first few years can still be an uphill battle. However, survival rates differ significantly by location, influenced by a variety of factors such as economic conditions, state policies, and industry-specific demand. The good news is that businesses that weather the initial hurdles see a much greater likelihood of long-term success. This analysis explores the states where new businesses are most likely to survive their earliest years based on the latest data from the U.S. Bureau of Labor Statistics (BLS). The findings reveal important insights into how location and time impact the chances of business success. The chances of staying in business increase dramatically after the first few years Source: Simply Business analysis of U.S. Bureau of Labor Statistics data | Image Credit: Simply Business One of the most significant challenges for new business owners is simply staying in operation. The risk of failure is highest during the first year, but it diminishes considerably over time. For those businesses that survive the initial hurdles, the likelihood of long-term success grows each year. According to recent BLS data, only about 79% of businesses survive their first year, making it the most difficult period for startups. However, for businesses that survive their first year, roughly 85% make it to the next. By the fifth year, 91% of businesses manage to continue operations, and for those that reach the 10-year mark, an impressive 93% make it through to another year. These figures underscore the importance of persistence and adaptability, especially during the critical early years when the risk of failure is highest. They also highlight that while starting a business is undeniably challenging, those who endure the startup years enjoy far better odds moving forward. Washington & California lead the country in new business survival rates Source: Simply Business analysis of U.S. Bureau of Labor Statistics data | Image Credit: Simply Business New business success varies widely across the United States, with some states providing a more favorable environment for startups to thrive. Based on survival rates for the first three years of operation, Washington and California stand out as the nation’s leading states. Washington claims the top spot, with businesses in the state enjoying an 86.4% chance of surviving their first year, 89.3% in their second year, and an impressive 91.8% in their third year. These figures highlight Washington's robust support for young businesses, likely fueled by its thriving tech ecosystem and a generally favorable economic climate. California ranks second, with survival rates of 86.0% in the first year, 89.8% in the second, and 91.4% in the third. Despite challenges such as high costs of living and regulatory complexities, California’s strong economy, innovation hubs, and access to venture capital contribute to its high ranking. Outside of the West Coast, West Virginia —whose economy is deeply rooted in energy production, natural resources, and manufacturing—ranks third, boasting the highest third-year survival rates at 91.9%. North Carolina —a major banking center and home of the Research Triangle—follows closely with similar numbers. At the opposite end of the spectrum, Minnesota businesses face the toughest challenges in their early years, with only 72.3% surviving their first year and 80.2% their second. These regional differences highlight the importance of local economic conditions in shaping a startup's odds of success. For entrepreneurs planning their next move, this analysis offers insight into where businesses are thriving and where challenges are more pronounced. Factors like industry presence, regulatory environments, and access to resources can create opportunities—or hurdles—that significantly affect survival rates in the critical early years. Choosing the right location isn’t just about personal preference; it can mean the difference between failure and success. This analysis was conducted by Simply Business —an online insurance marketplace for small businesses—using 2024 data from the U.S. Bureau of Labor Statistics. For complete results, see the original post: States Where New Businesses Are Most Likely to Succeed . Photo Credit: Alberto Menendez Cervero / Shutterstock The data in this report comes from the U.S. Bureau of Labor Statistics’ Business Employment Dynamics . To determine the states where new businesses are most likely to succeed, researchers at Simply Business developed a business survival index. This index is based on a weighted average of the most recent survival rates for private-sector establishments during their first, second, and third years of operation, as of March 2024. The survival rates were calculated using sequential benchmarks. The first-year survival rate is the percentage of businesses still active one year after opening. The second-year rate is the percentage of those first-year survivors that remained operational for another year. Similarly, the third-year rate is the percentage of second-year survivors that continued into the following year. The data focuses exclusively on private-sector businesses with at least one employee. For complete results, see States Where New Businesses Are Most Likely to Succeed on Simply Business. Receive the latest in local entertainment news in your inbox weekly!
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Nokia Corporation Stock Exchange Release 11 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 11.12.2024 Espoo, Finland - On 11 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 11 December 2024 was EUR 3,636,192. After the disclosed transactions, Nokia Corporation holds 212,521,406 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: [email protected] Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: [email protected] Attachment Daily Report 2024-12-11COP29 a cop-out but three reasons why India should not give up on itScientists predict 60% chance of radio blackouts after sun unleashes solar flare toward Earth
Syrian government forces have lost control of Daraa city, a war monitor said, in another stunning blow for President Bashar al-Assad's rule after rebels wrested other key cities from his grip. Daraa was dubbed "the cradle of the revolution" early in Syria's civil war, after activists accused the government of detaining and torturing a group of boys for scribbling anti-Assad graffiti on their school walls in 2011. While Aleppo and Hama, the two other main cities taken from government control in recent days, fell to an Islamist-led rebel alliance, Daraa fell to local armed groups, according to the Syrian Observatory for Human Rights. "Local factions have taken control of more areas in Daraa province, including Daraa city... they now control more than 90 percent of the province, as regime forces successively pulled out," the Britain-based Observatory said late Friday, which relies on a network of sources around Syria. Daraa province borders Jordan. Despite a truce brokered by Assad ally Russia, it has been plagued by unrest in recent years, with frequent attacks, clashes and assassinations. Syria's civil war, which began with Assad's crackdown on democracy protests, has killed more than 500,000 people and forced more than half the population to flee their homes. Never in the war had Assad's forces lost control of so many key cities in such a short space of time. Since a rebel alliance led by the Islamist Hayat Tahrir al-Sham launched its offensive on November 27, the government has lost second city Aleppo and subsequently Hama in central Syria. The rebels were on Friday at the gates of Homs, Syria's third city, as the government pulled out its troops from Deir Ezzor in the east to redeploy towards to the centre. In an interview published on Friday, the leader of HTS, Abu Mohammed al-Jolani, said the aim of the offensive was to overthrow Assad. "When we talk about objectives, the goal of the revolution remains the overthrow of this regime. It is our right to use all available means to achieve that goal," Jolani told CNN. HTS is rooted in the Syrian branch of Al-Qaeda. Proscribed as a terrorist organisation by Western governments, it has sought to soften its image in recent years. According to Fabrice Balanche, a lecturer at France's Lumiere Lyon 2 university, HTS now controls 20,000 square kilometres (more than 7,700 square miles) of territory, nearly seven times as much as it did before the offensive started. As the army and its Iran-backed militia allies pulled out of Deir Ezzor in eastern Syria, Kurdish-led forces said they crossed the Euphrates and took control of the territory that had been vacated. The Observatory said government troops and their allies withdrew "suddenly" from the east and headed towards the oasis town of Palmyra on the desert road to Homs. The Kurdish-led Syrian Democratic Forces, who are backed by the United States, expressed readiness for dialogue with both Turkey and the rebels, saying the offensive heralded a "new" political reality for Syria. The rebels launched their offensive the same day a ceasefire took effect in neighbouring Lebanon in the war between Israel and Hezbollah. The Lebanese militant group has been an important Assad ally, alongside Russia and Iran. Turkey, which has backed the opposition, said it would hold talks with Russia and Iran in Qatar this weekend. Ahead of the talks, the top diplomats of Iran, Iraq and Syria met in Baghdad, where Syria's Bassam al-Sabbagh accused the government's enemies of seeking to "redraw the political map". Iran's Abbas Araghchi pledged to provide Assad's government with "whatever (support) is needed". In Homs, scene of some of the war's deadliest violence, tens of thousands of members of Assad's Alawite minority were fleeing, fearing the rebels' advance, residents and the Britain-based Observatory said. Syrians who were forced out of the country years ago by the initial crackdown on the revolt were glued to their phones as they watched current developments unfold. "We've been dreaming of this for more than a decade," said Yazan, a 39-year-old former activist who now lives in France. Asked whether he was worried about HTS's Islamist agenda, he said: "It doesn't matter to me who is conducting this. The devil himself could be behind it. What people care about is who is going to liberate the country." On the other side of the sectarian divide, Haidar, 37, who lives in an Alawite-majority neighbourhood, told AFP by telephone that "fear is the umbrella that covers Homs now". The army shelled the advancing rebels as Syrian and Russian aircraft struck from the skies. At least 20 civilians, including five children, were killed in the bombardment, the war monitor added. At least 826 people, mostly combatants but also including 111 civilians, have been killed since the offensive began last week, according to the Observatory's figures, while the United Nations said the violence has displaced 280,000 people. Many of the scenes witnessed in recent days would have been unimaginable earlier in the war. In Hama, an AFP photographer saw residents set fire to a giant poster of Assad on the facade of city hall. "Our joy is indescribable, and we wish this for every honourable Syrian to experience these happy moments that we have been deprived of since birth," said Hama resident Ghiath Suleiman. Online footage verified by AFP showed residents toppling a statue of Assad's father Hafez, under whose brutal rule the army carried out a massacre in the city in the 1980s. Aron Lund, a fellow of the Century International think tank, called the loss of Hama "a massive, massive blow to the Syrian government". Should Assad lose Homs, it wouldn't mean the end of his rule, Lund said, but "with no secure route from Damascus to the coast, I'd say it's over as a credible state entity". bur-ser/rsc
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 in ASML To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in ASML between January 24, 2024 and October 15, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK , Nov. 30, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against ASML Holding N.V. ("ASML" or the "Company") (NASDAQ: ASML ) and reminds investors of the January 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York , Pennsylvania , California and Georgia . The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than Defendants had indicated to investors; (2) the pace of recovery of sales in the semiconductor industry was much slower than Defendants had publicly acknowledged; (3) Defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis. On October 15, 2024 , ASML published earnings for the third quarter of 2024, revealing quarterly bookings of €2.63 billion, a decline of 53% quarter-over-quarter. The Company also announced it expects full year 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%. On this news, ASML's stock price fell $141.84 , or 16.26%, to close $730.43 per share on October 15, 2024 , thereby injuring investors. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding ASML's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the ASML class action, go to www.faruqilaw.com/ASML or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. SOURCE Faruqi & Faruqi, LLPEight years and $10 billion later, GM has decided to on its grand robotaxi experiment. The automaker’s CEO, Mary Barra, made the surprise announcement late on Tuesday, arguing that a shared autonomous mobility service was never really in its “core business.” and had too many regulatory hurdles to overcome to make it a viable revenue stream. Instead, GM would pivot to “privately owned” driverless cars — because, after all, that’s what the people really wanted. “Customers like to drive,” Barra said in a call with investors. “And there’s times they don’t like to drive.” If some of this sounds familiar, Ford essentially made the same decision two years ago when it , the autonomous driving startup it had financed since 2017. It cited as one of its reasons — often described as Level 3 or Level 3-plus — will have more near-term payoffs. Automakers are tapping out of the robotaxi business Automakers are tapping out of the robotaxi business. With all the , the auto industry has decided to cut its losses on autonomous mobility. Only one transformational, prohibitively expensive, once-in-a-generation shift at a time. “I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless rides at a national scale,” said Phil Koopman, an AV expert from Carnegie Mellon University. “GM decided that they would rather make money selling private cars while waiting for the technology to mature than continue to invest billions of dollars standing up robotaxi businesses city by city.” To be sure, there’s been a lot of technological progress. Not too long ago, Cruise had across San Francisco. The company even said it was of winning government approval to deploy its in a bid to move even more people. But Cruise moved too aggressively, and it paid the price. The company had 5 million miles of real-world testing under its belt, but the embarrassing incidents were starting to pile up. Its driverless vehicles were blocking traffic or in San Francisco. The city’s fire chief said that the vehicles were “not ready for prime time,” citing over six dozen incidents in which robotaxis interfered with fire trucks. “GM decided that they would rather make money selling private cars while waiting for the technology to mature” Behind the scenes, Cruise was also a mess. The company’s first CEO, Dan Ammann, after sparring with Barra over the future direction of the company. Barra thought GM should be using Cruise’s technology to power everything from luxury self-driving Cadillacs to commercial vans, . Ammann wanted to get the robotaxi service right before spreading resources to other parts of the company. He also wanted to take Cruise public so it could use its public stock to lure in top talent. Barra wanted to keep it in-house, so GM could eventually reap the rewards. Meanwhile, Cruise was continuing to rack up huge losses. The robotaxi subsidiary lost a staggering $3.48 billion in 2023. Kyle Vogt, Cruise cofounder and Amman’s successor as CEO, was under mounting pressure to expand the service and bring in more money to help cover the losses. Plus, he was directly competing with Alphabet’s Waymo, which had more vehicles and seemingly better technology. And Google’s parent company was more willing to spend billions of dollars, without any near-term profits, to win the robotaxi race. With the screws tightening, Vogt publicly drew a line in the sand: Cruise would bring in . Instead, Cruise never made it to the end of 2024. It all culminated in an incident on October 7th, 2023, when a Cruise vehicle in San Francisco struck and dragged a pedestrian over 20 feet, seriously injuring her. The victim was initially struck by a hit-and-run driver, . Cruise disclosed to regulators that its vehicle had struck a pedestrian but about the accident. As a result, the California DMV suspended the company’s permit to operate self-driving cars in the state, and the National Highway Traffic Safety Administration the Securities and Exchange Commission launched separate investigations. Cruise later agreed to a . But more importantly, the incident damaged Cruise’s effort to . San Francisco residents were already annoyed by the frequency with which the company’s cars were blocking their intersections and bumping into their emergency vehicles. Urbanists and supporters of car-free transportation were peeved at the suggestion that robot cars, and not fewer cars altogether, were what was needed to improve street safety. And regulators didn’t like being misled about a dangerous incident. The incident damaged Cruise’s effort to win the public’s trust But even in the aftermath of the pedestrian-dragging event, GM still stuck with Cruise. It wasn’t until the automaker realized it going to have to take a that Cruise was ultimately cut loose. “Total ownership by a century old manufacturing giant controlled by stock buyback-seeking value investors was never going to be successful,” Ray Wert, former communications director at Cruise, . Ex-CEO Vogt was even more succinct: “In case it was unclear before, it is clear now: GM are a bunch of dummies.,” . With Cruise out of the picture, aiming to prove that robotaxis can work in the real world. (Amazon’s Zoox and Hyundai’s Motional are also still in the game, albeit far behind Waymo.) Tesla is also pursuing its own , which it claims will launch in 2026. Meanwhile, GM will tackle a new risky experiment: . GM knows how to sell cars to people, and the company already has a hands-free highway driving feature called Super Cruise. Why not just leverage Cruise’s fully autonomous technology to make Super Cruise even better? GM may have to develop a partially autonomous system that covers “95 percent” of driving scenarios, but it still thinks that people want a fully autonomous car of their own — on their own terms. “I think the application of what the customer wants in a privately owned vehicle is very different,” Barra said on Tuesday. “But I also think... there’s a lot of commonality [with Cruise’s technology]. How it seamlessly moves back and forth, I think is something different in a personal autonomous vehicle.” “I think the application of what the customer wants in a privately owned vehicle is very different” Driver-assistance technologies, especially so-called Level 3 systems, carry their own risks. There have been studies that show that the handoff between a partially automated system and a human driver can be especially fraught. When people have been disconnected from driving for a longer period of time, they may overreact when suddenly taking control in an emergency situation. They may overcorrect steering, brake too hard, or be unable to respond correctly because they haven’t been paying attention. And those actions can create a domino effect that has the potential to be dangerous — perhaps even fatal. The safety implications are enormous, as are the liability concerns. GM may eventually decide that robotaxis aren’t such a bad bet after all. /