Trane Technologies PLC stock falls Tuesday, underperforms market
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Mughal Road halting stations cry for restoration amid government apathy
It was more than rumors that Japanese automotive giants Nissan and Honda were eyeing a merger by 2026 which would revolutionize the industry with the appearance of what in Reuters' view would be the third-largest auto group worldwide. The two companies signed a memorandum of understanding whereby discussions about integration via a joint holding company would go on during 2025, it was announced. Earlier this month, Nissan's CEO Makoto Uchida admitted that the company's situation was “severe.” In addition, Mitsubishi Motors, of which Nissan owns a 24% stake, will decide next month whether to join the merger. Japanese automakers are trailing their international competitors in the electric vehicle field, including Tesla and China's BYD. The rise of Chinese automakers and new players has changed the car industry quite a lot, Honda CEO Toshihiro Mibe said. We have to build up capabilities to fight with them by 2030, otherwise we'll be beaten, he added. According to a leading automotive industry expert, Nissan and Honda would be positioning themselves for the future, which will be defined by electrification and autonomous technology. According to Mibe, Honda would retain a leading role in the partnership after the merger, which is expected to be completed by June with the new holding company listed on the Tokyo Stock Exchange by August 2026. As per an Associated Press estimate based on Mibe's statements, a merger could result in a behemoth worth more than [US]$ 50 billion based on the market capitalization of all three automakers - Honda, Nissan, and Mitsubishi, who seek to take on Toyota and Volkswagen. “We have come to the realization that in order for both parties to be leaders in this mobility transformation, it is necessary to make a bolder change than a collaboration in specific areas,” Mibe said. Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, would remain the leading Japanese automaker. If they join, the three smaller companies would make about 8 million vehicles. In 2023, Honda made 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million.
Amber Heard stepped into the Blake Lively-Justin Baldoni fray on Monday after learning that the crisis control PR firm Baldoni had hired was the same one ex-husband Johnny Depp used during their 2022 defamation trial. “Social media is the absolute personification of the classic saying ‘A lie travels halfway around the world before truth can get its boots on,’ ” she told NBC News. “I saw this firsthand and up close. It’s as horrifying as it is destructive.” Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
No. 25 Illinois rebounds in big way, blasts UMES 87-40
Timeline: Jimmy Carter, 1924-2024
Justin Trudeau taking the time to reflect after Chrystia Freeland's departure OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation, the natural resources minister said on Tuesday. David Baxter, The Canadian Press Dec 17, 2024 12:55 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The Canadian flag flies atop the Peace Tower on Parliament Hill in Ottawa on Wednesday, Oct. 30, 2024. THE CANADIAN PRESS/Sean Kilpatrick Listen to this article 00:03:21 OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation, the natural resources minister said on Tuesday. "The prime minister, as I understand it, a number of caucus colleagues have said that the prime minister has said that he will reflect on both the decision that minister Freeland made, but also what he's heard from members of his own caucus," Jonathan Wilkinson said. "I think we all need to give him a little time to reflect, and I respect that fact that he's going to take some time to reflect." Freeland quit as finance minister on Monday morning just hours before she was set to present the government's fall economic statement. That kicked off a day of turmoil on Parliament Hill that began with a morning cabinet meeting and wrapped with an evening meeting of the Liberal caucus, where some members called for Trudeau to step aside as party leader. That includes New Brunswick MP Wayne Long, one of 23 caucus members who signed a letter back in October calling for Trudeau to quit. "We certainly have more MPs than last time. So, if I had to guess how many more right now, I'd say we're probably at 40 to 50 right now," Long said. "But there's a lot more than that. I mean, this is so different than times before." The attempt to oust Trudeau earlier in the fall took up a great deal of oxygen on Parliament Hill, but ultimately failed to garner support from inside the cabinet. This time, Long said, at least five cabinet ministers believe it's time for a change at the top. "I certainly am one to say to my colleagues, to ministers in particular: 'Let's come out of the shadows,'" Long said. "Let's openly, once and for all, state how we feel and let's move forward with what we know has to happen." Before question period, cabinet ministers Anita Anand and Kamal Khera told reporters they support the prime minister. After the failed coup in October, Liberal MPs emerged from a tense caucus meeting saying they believed Trudeau was taking time to reflect. But the very next day, he publicly stated his intention to stay on as leader at a press conference. That is why P.E.I. MP Sean Casey, who called for Trudeau to resign in October, does not think the prime minister will take a walk in the snow now. "There's not a single indicator in anything that he says or does that would tell me otherwise. He seems to be absolutely committed and he has throughout the piece, he's been remarkably consistent," Casey said. "What he says, what he does, how he does it, how he says it, the energy he puts into it, I don't believe for one second it's an act. I think it's real." Whenever Trudeau has been asked if he intends to lead the Liberals in the next election, the response has been an unambiguous "Yes." The Liberals have faced three non-confidence votes in the House of Commons this fall and have struggled to advance legislation because of a filibuster on a Conservative privilege motion related to misspending at a now-defunct green technology fund. On Tuesday, Conservative Leader Pierre Poilievre once again called on NDP Leader Jagmeet Singh to topple the government, criticizing him for voting against the latest non-confidence motion last week. Poilievre said Canada needs a new prime minister because U.S. president-elect Donald Trump can smell weakness from a mile away and the Trudeau government is weak. Bloc Québécois Leader Yves-François Blanchet also said a new Parliament is needed "as soon as possible," and he wants to see an election called in January. Blanchet said Trudeau has lost the political, moral and ethical authority to govern. He said the election should happen as soon as possible in the new year because Canadians do not want a campaign over the holiday season. On Monday, Singh called for Trudeau to step down but did not make a firm comment on whether the NDP would declare non-confidence in the Liberal government. Instead, Singh said "all options are on the table." The NDP, which ended a formal supply-and-confidence agreement to support the Liberals in September, has voted with the government on all three non-confidence motions. Singh has repeatedly said a Poilievre-led Conservative government would cut things New Democrats have fought for like dental care, pharmacare and other social programs. The Tories are also calling on the House of Commons trade committee to study the tariff threat between the week of Jan. 6 and Jan. 20, the date of Trump's inauguration. The House of Commons is expected to rise for the holiday break on Tuesday and return on Jan. 27. In her resignation letter, Freeland said she's been at odds with Trudeau in the last few weeks over the government's fiscal priorities. She said the government should do away with costly "political gimmicks" and instead set money aside to deal with a potential tariff war with the U.S. Dominic LeBlanc was sworn in as the new finance minister Monday, minutes after the government's fall economic statement was released. The economic update shows the deficit has grown to nearly $62 billion, far beyond the $40-billion target Freeland set earlier this year. It includes $1.3 billion in new spending on measures to beef up the border in response to Trump's threat to impose 25 per cent tariff threats on Canadian goods. LeBlanc, who is also in charge of intergovernmental affairs and democratic institutions, says his main priority as finance minister will be to address affordability issues. He will also continue to oversee the public safety file, implementing new border measures, until Trudeau holds a broader cabinet shuffle. That's expected to happen soon in order to replace ministers who have announced they won't seek re-election. This report by The Canadian Press was first published Dec. 17, 2024. — With files from Nick Murray and Michel Saba David Baxter, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National News Canadians won't be taxed on disability benefit under proposed rule change Dec 17, 2024 1:26 PM Canadians return to Canada Post with relief — and shakier faith in the service Dec 17, 2024 1:26 PM Tories call for House hearings on U.S. tariff threat amid Liberal tumult Dec 17, 2024 1:17 PM Featured FlyerThe latest episodes focus on the importance of mental health resources for the next generation of collegiate athletes ENGLEWOOD CLIFFS, N.J. , Dec. 17, 2024 /PRNewswire/ -- LG Electronics will record the finale of the third season of its "Transparent Conversations" podcast this week in Louisville as the NCAA crowns this year's women's volleyball champion. "Transparent Conversations" is aimed at sharing powerful conversations about the unique mental health issues facing today's student-athletes. The season finale, which is set to tape during the NCAA women's volleyball championship this week in Louisville , will focus on building stronger support for student-athletes' mental health. In this episode, LG takes a closer look at how we can better support the mental health of student-athletes. From schools to home to online and everywhere in between, we'll explore practical ways to create a caring, connected community that helps them thrive. Social media has played a significant role in amplifying the visibility of women's sports, allowing athletes and teams to build personal brands, reach larger audiences and inspire new generations of fans. However, navigating social media is often challenging for athletes due to the pressure to maintain a positive image, increased scrutiny and frequent exposure to criticism and harassment. This constant connectivity and potential for negative feedback have been linked to heightened mental health struggles, making it a double-edged sword for many athletes – especially in the new world of name, image and likeness (NIL). That's why, says podcast host Taylor Rooks , it's important we create safe spaces where athletes feel comfortable talking about their challenges. "Open and honest communication is the key," she said. "Being able to discuss the issues that weigh heavily on your mind is crucial, especially for these athletes who are juggling the pressures of sports, academics, family relationships and friendships. The addition of NIL is yet another layer." Rooks will welcome Victoria Garrick Browne , a USC alum and volleyball player who's gone on to play semi-pro volleyball and has become an advocate for mental health and positive body image. She shares her insights and stories via her podcast "The Hidden Opponent" and on stage at TED Talks. Joining her will be Eric Gross , a mental health therapist at the University of Louisville , who provides therapy, group and team meetings, as well as education to the coaches and staff. The final episode of "Transparent Conversations" will tape from the floor of this year's NCAA Women's Volleyball finals on Sunday, Dec. 22 and will be available in mid-January wherever you get your podcasts. The most recent episodes have tackled topics such as the importance of resilience, overcoming setbacks and balancing the entrepreneurial nature of NIL contracts and have been recorded at Rutgers University , The Ohio State University and the University of Tennessee . These episodes and others are live on Spotify and Apple Podcasts . To learn more about LG's partnership with the NCAA or listen to the "Transparent Conversations" podcast, visit www.lg.com/ncaa and www.lg.com/us/transparent-conversations. About LG Electronics USA LG Electronics USA , Inc., based in Englewood Cliffs, N.J. , is the North American subsidiary of LG Electronics, Inc., a $60-billion -plus global innovator in technology and manufacturing. In the United States , LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com . Media Contacts: LG Electronics USA Chris De Maria christopher.demaria@lge.com 908-548-4515 Kristi Hubert Kristi.hubert@LG-One.com 630-995-5444 View original content to download multimedia: https://www.prnewswire.com/news-releases/championing-mental-health-for-ncaa-student-athletes-lg-electronics-concludes-3rd-season-of-transparent-conversations-podcast-302334207.html SOURCE LG Electronics USA © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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SpaceX aims for 3 rocket launches, 1 Dragon landing in 20 hoursRepublicans have dealt a pair of stinging rejections to President-elect Donald Trump over the past week, a sign of how Trump’s immediate lame-duck status could limit his influence despite his enormous sway over the GOP’s most dedicated voters. There’s little doubt Trump, like any president, remains the leader of his party, and is certain to have a mostly unified GOP rooting for him as he pushes for tax cuts for the wealthy, conservative judicial appointments and assaults on democratic norms. And there have long been limits to how far Republicans would actually go in service of a man many of them privately find ridiculous even as they lavishly praise him in public. But the two prominent rejections in the past week ― Florida Gov. Ron DeSantis resisting Trump’s entreaties to his daughter-in-law, Lara Trump, to Florida’s open Senate seat and more than three dozen House Republicans denying his request to include a debt ceiling hike in a government funding bill ― show how Trump lacks the power to simply dictate the GOP’s behavior in either politics or government, and function as warning signs for Trump allies hoping for seamless enactment of his agenda, from his plans for a complex piece of tax legislation to his vision for trillions in spending cuts engineered by Elon Musk. Sen. Mike Rounds (R-S.D.) told HuffPost the GOP would obviously remain by Trump’s side, but noted some of his requests ― like a debt ceiling hike ― simply aren’t feasible. “I think he’s going to continue to lobby, and I think they respect the fact that he’s the incoming president of the United States, and they all want to have a good relationship with him, but they also know that certain things are doable and some things are not doable, and in the political process, there is no way at this stage of the game to effectively address the debt ceiling,” he said. “And so it was a matter of we do the best we can, and we’re all on the same team.” “We want to make things work out, right?” Rounds said. Trump’s demand that Republicans add a debt ceiling provision to their government funding bill tanked House Speaker Mike Johnson’s initial legislation, but set up a standoff that he wound up losing. Republicans hate raising the debt ceiling, and they weren’t willing to abandon their stubborn position just because Trump wanted them to. Thirty-eight Republicans voted against the legislation that Johnson hastily assembled to placate their leader. The president-elect even threatened to back a primary opponent against Rep. Chip Roy (R-Texas), only to see Roy openly defy him. “My position is simple - I am not going to raise or suspend the debt ceiling (racking up more debt) without significant & real spending cuts attached to it. I’ve been negotiating to that end. No apologies,” Roy wrote on X, tagging Trump to make sure he saw. Trump’s embarrassing defeat at the hands of House lawmakers followed a stiff-arm by Senate Republicans, who refused to support scandal-plagued Matt Gaetz for attorney general, forcing the would-be nominee to withdraw from consideration. In that confrontation, Trump backed down even after threatening to try to go around the Senate and use recess appointments to fill his cabinet. DeSantis’ resistance was less explicit. Lara Trump was never firmly rejected, instead withdrawing her name from consideration on Saturday night. The Washington Post reported Trump had pushed DeSantis to name her to the seat , which will become vacant when Sen. Marco Rubio is presumably confirmed as Trump’s Secretary of State. But when asked about it at a press conference earlier this month, Trump was skeptical he would get his way. “I probably don’t, but I don’t know,” the president-elect said at Mar-a-Lago. “Ron’s doing a good job and that’s his choice. Nothing to do with me.” Trump likely lost leverage over DeSantis when it became clear he was sticking by his troubled nominee for Secretary of Defense, Pete Hegseth, who stands accused of workplace drinking and sexual assault. Trump allies had floated DeSantis as a potential replacement nominee if Hegseth faltered. Former Rep. David Jolly (R-Fla.), a Trump critic, said DeSantis and other Republicans were already looking past the time when Trump ruled the party. “That episode clearly reflects Trump’s lame duck status when it comes to who will be fighting for control of the party starting in December of 2026,” Jolly said. “DeSantis clearly sees Trump as a lame duck with fading currency, and the Florida Governor still has plans to demonstrate his own Republican leadership. Surely DeSantis isn’t alone.” Another prominent Florida GOP consultant noted the “ceiling” of Trump’s ask could also decline in the future. “If there is obvious cognitive decline from Jan. 20, [his problems] will accelerate,” said the consultant, who requested anonymity to speak frankly about his party’s leader. Mike Davis, a former Senate GOP staffer known for his pro-Trump bombast, insisted the president-elect was charging full steam ahead. “Trump forced Biden, a Democrat-controlled Senate, and a barely Republican-controlled House to surrender on their annual end-of-year spending frenzy,” he said. “Trump’s just getting warmed up.” Still, it’s clear there’s also something of an indirect challenger for Trump’s throne atop the GOP. While Trump did not get any of what he requested from House Republicans, his top donor, tech billionaire Elon Musk, did. And Musk’s trillions may be able to power political careers years in the future when Trump’s social media missives have disappeared from the scene. On Jan. 20, Donald Trump will reclaim the most powerful seat in our nation's government. HuffPost will continue to fearlessly report on the new administration — but we need your help. We believe vital information during this unprecedented time should be free for everyone. With your support, we can provide critical news without paywalls. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. Trump, in a speech in Arizona on Sunday, aimed to downplay the idea Musk could somehow supplant him, noting ― correctly, for once in his life ― that Musk is ineligible to be president. “I’m safe. You know why? He can’t be. He wasn’t born in this country,” Trump said jokingly. Related From Our PartnerThere are two games on the college basketball schedule on Wednesday that feature a ranked squad. That includes the Oklahoma Sooners versus the Louisville Cardinals. Watch women’s college basketball, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. No. 11 Oklahoma Sooners at No. 22 Louisville Cardinals Florida Atlantic Owls at No. 9 TCU Horned Frogs Catch tons of live women’s college basketball , plus original programming, with ESPN+ or the Disney Bundle.
Timeline: Jimmy Carter, 1924-2024