TORONTO: Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors digested President-elect Donald Trump's tariff pledges on top trade partners and the latest minutes from the Federal Reserve. US short-term interest-rate futures pared earlier losses after the Fed's latest minutes showed officials appeared divided over how much further they may need to cut interest rates. The minutes of the Nov. 6-7 meeting also showed the group agreed this was a moment to avoid giving much concrete guidance about how US monetary policy is likely to evolve in the weeks ahead. "The minutes did nothing to alter my view that the policy rate is going to be adjusted lower next week and will continue to do so through the next calendar year," said Jamie Cox, managing partner for Harris Financial Group. Other analysts were more cautious. Paul Ashworth, chief North America economist for Capital Economics, noted that he still expects another 25 basis-point cut, but cautioned such decisions are data-dependent and therefore November’s employment and inflation data will be pivotal In a development overnight, Trump said he would impose a 25% conditional tariff on Canadian and Mexican imports that could violate a free-trade deal he negotiated during his previous term. He also outlined "an additional 10% tariff, above any additional tariffs" on imports from China, raising the risk of trade wars. Automakers Ford and General Motors both dropped on the news as they have highly integrated supply chains across Mexico, the US and Canada. GM shares plunged nearly 9%. "The concern is that some products are going to become more costly and that will mean revenue for those companies that are possibly manufacturing those goods overseas is going to decline," said Robert Pavlik, senior portfolio manager at Dakota Wealth. "It's a lot of back-and-forth right now because investors are trying to position themselves for January and the days after and they're not really sure." The Dow Jones Industrial Average rose 123.74 points, or 0.28%, to 44,860.31, the S&P 500 gained 34.26 points, or 0.57%, to 6,021.63 and the Nasdaq Composite gained 119.46 points, or 0.63%, to 19,174.30. Gains in megacaps such as Microsoft and Apple boosted the information technology sector and the tech-heavy Nasdaq. Microsoft shares rose a little over 2%. Wells Fargo rose 0.6%, standing out among sluggish banking stocks, after Reuters reported, citing sources, that the bank is in the last stages of a process to pass regulatory tests to lift a US$1.95 trillion asset cap next year after fixing problems from its scandal over fake accounts. The blue-chip Dow was weighed down by declines in Amgen , which slid about 4.8% after its experimental obesity drug fell short of expectations. The S&P 500 touched a record high on Monday and logged its sixth-straight session of gains, while the Russell 2000 also scaled an all-time high after three years. On the day, the small-cap index fell 0.7%. Among others, Eli Lilly rose 4.6% after US President Joe Biden proposed expanding Medicare and Medicaid coverage for anti-obesity drugs. Declining issues outnumbered advancers by a 1.57-to-1 ratio on the NYSE. There were 358 new highs and 52 new lows on the NYSE. The S&P 500 posted 63 new 52-week highs and 3 new lows while the Nasdaq Composite recorded 124 new highs and 91 new lows. — Reuters
Opposition fighters are at Damascus' gates. Who are they and what now?
Lea Miller-Tooley hopped off a call to welcome the Baylor women’s basketball team to the Atlantis resort in the Bahamas, where 80-degree temperatures made it easy for the Bears to settle in on Paradise Island a week before Thanksgiving. About 5,000 miles west of the Caribbean nation, similar climes awaited Maui Invitational men's teams in Hawaii. They’ve often been greeted with leis, the traditional Hawaiian welcome of friendship. College basketball teams and fans look forward to this time of the year. The holiday week tournaments feature buzzworthy matchups and all-day TV coverage, sure, but there is a familiarity about them as they help ward off the November chill. For four decades, these sandy-beach getaways filled with basketball have become a beloved mainstay of the sport itself. “When you see (ESPN’s) ‘Feast Week’ of college basketball on TV, when you see the Battle 4 Atlantis on TV, you know college basketball is back,” said , the founder and organizer of the Battle 4 Atlantis men's and women's tournaments. “Because it’s a saturated time of the year with the NFL, college football and the NBA. But when you see these gorgeous events in these beautiful places, you realize, ‘Wow, hoops are back, let’s get excited.’” The Great Alaska Shootout was the trend-setting multiple-team event (MTE) nearly five decades ago. The brainchild of late Alaska-Anchorage coach Bob Rachal sought to raise his program’s profile by bringing in national-power programs, which could take advantage of NCAA rules allowing them to exceed the maximum allotment of regular-season games if they played the three-game tournament outside the contiguous 48 states. The first edition, named the Sea Wolf Classic, saw N.C. State beat Louisville 72-66 for the title on Nov. 26, 1978. The Maui Invitational followed in November 1984, borne from the buzz of NAIA program Chaminade’s shocking upset of top-ranked Virginia and 7-foot-4 star Ralph Sampson in Hawaii two years earlier. Events kept coming, with warm-weather locales getting in on the action. The Paradise Jam in the U.S. Virgin Islands. The Cancun Challenge in Mexico. The Cayman Islands Classic. The Jamaica Classic. The Myrtle Beach Invitational joining the Charleston Classic in South Carolina. Numerous tournaments in Florida. Some events have faded away like the Puerto Rico Tipoff and the Great Alaska Shootout, amid event competition and schools opting for warm-weather locales. Miller-Tooley’s push to build an MTE for Atlantis began as a December 2010 doubleheader with Georgia Tech beating Richmond and Virginia Tech beating Mississippi State in a prove-it moment for a tournament’s viability. It also required changing NCAA legislation to permit MTEs in the Bahamas. Approval came in March 2011; the first eight-team Atlantis men’s tournament followed in November. That tournament quickly earned marquee status with big-name fields, with Atlantis champions and later winning that season’s NCAA title. Games run in at the resort, where players also check out massive swimming pools, and surrounded by palm trees and the Atlantic Ocean. “It’s just the value of getting your passport stamped, that will never get old,” Miller-Tooley said. “Watching some of these kids, this may be their first and last time — and staff and families — that they ever travel outside the United States. ... You can see through these kids’ eyes that it’s really an unbelievable experience.” ACC Network analyst Luke Hancock knows that firsthand. His Louisville team finished second at Atlantis in 2012 and won that year’s later-vacated NCAA title, with Hancock as the Final Four's most outstanding player. “I remember (then-coach Rick Pitino) saying something to the effect of: ‘Some of you guys might never get this opportunity again. We’re staying in this unbelievable place, you’re doing it with people you love,’” Hancock said. “It was a business trip for us there at Thanksgiving, but he definitely had a tone of ‘We’ve got to enjoy this as well.’” Maui offers similar vibes, though 2024 could be a little different as Lahaina recovers that forced the event's relocation last year. North Carolina assistant coach Sean May played for the Tar Heels’ Maui winner in 2004 and was part of UNC’s staff for the 2016 champion, with both teams later winning the NCAA title. May said “you just feel the peacefulness” of the area — even while focusing on games — and savors memories of the team taking a boat out on the Pacific Ocean after title runs under now-retired Hall of Famer Roy Williams. “Teams like us, Dukes, UConns – you want to go to places that are very well-run,” May said. “Maui, Lea Miller with her group at the Battle 4 Atlantis, that’s what drives teams to come back because you know you’re going to get standard A-quality of not only the preparation but the tournament with the way it’s run. Everything is top-notch. And I think that brings guys back year after year.” That’s why Colorado coach Tad Boyle is so excited for the Buffaloes’ first Maui appearance since 2009. “We’ve been trying to get in the tournament since I got here,” said Boyle, now in his 15th season. And of course, that warm-weather setting sure doesn’t hurt. “If you talk about the Marquettes of the world, St. John’s, Providence — they don’t want that cold weather,” said NBA and college TV analyst Terrence Oglesby, who played for Clemson in the 2007 San Juan Invitational in Puerto Rico. “They’re going to have to deal with that all January and February. You might as well get a taste of what the sun feels like.” The men’s Baha Mar Championship in Nassau, Bahamas, got things rolling last week with for the title. The week ahead could boast matchups befitting the Final Four, with teams having two weeks of action since any opening-night hiccups. “It’s a special kickoff to the college basketball season,” Oglesby said. “It’s just without the rust.” On the women’s side, Atlantis began its Saturday with No. 16 North Carolina and No. 18 Baylor, while the nearby Baha Mar resort follows with two four-team women’s brackets that include No. 2 UConn, No. 7 LSU, No. 17 Mississippi and No. 20 N.C. State. Then come the men’s headliners. The Maui Invitational turns 40 as it opens Monday . It features second-ranked and two-time reigning national champion , No. 4 , No. 5 and No. 10 North Carolina. The Battle 4 Atlantis opens its 13th men’s tournament Wednesday, topped by No. 3 Gonzaga, No. 16 Indiana and No. 17 Arizona. Michigan State Hall of Famer Tom Izzo is making his fourth trip to Maui, where he debuted as Jud Heathcote’s successor at the 1995 tournament. Izzo's Spartans have twice competed at Atlantis, . “They’re important because they give you something in November or December that is exciting,” Izzo said. Any drawbacks? “It’s a 10-hour flight,” he said of Hawaii. AP Sports Writers Pat Graham in Colorado and Larry Lage in Michigan contributed to this report. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college basketball: andGaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the Senate
US Announces Nearly $1 Billion More in Longer-Term Weapons Support for Ukraine
Oregon Coach Dan Lanning Trending After Kenny Dillingham's Brilliant Coaching Move at Arizona StateBy WYATTE GRANTHAM-PHILIPS NEW YORK (AP) — A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons. Blue Yonder, which provides supply chain technology to a range of brands worldwide, said that it experienced disruptions to services it manages for customers on Thursday, which the third-party software supplier determined to be “the result of a ransomware incident.” Some systems went offline, impacting clients using Blue Yonder’s software. A spokesperson for Starbucks, for example, said that the chain’s ability to manage barista schedules and track hours was disrupted — meaning store leaders across North America are currently being instructed to use manual workarounds. Starbucks maintained that the outage is not impacting how customers are served and that ensuring workers get paid for all hours worked is a top priority. While the company continues to work towards full recovery, the spokesperson added that Starbucks was able to process payroll again as of Tuesday morning. Two of the U.K.’s biggest grocers, Morrisons and Sainsbury’s, were also affected — with both telling CNN over the weekend that they had turned to contingency plans to keep operations flowing. A spokesperson for Morrisons confirmed to The Associated Press that the outage “impacted our warehouse management systems for fresh and produce” and that it was continuing to operate on back up systems Tuesday. Sainsbury’s, meanwhile, said Tuesday that its service was restored. Blue Yonder declined to disclose how many of its customers were impacted by the hack. In a statement sent to the AP, a spokesperson maintained that it had notified “relevant customers” and would continue to communicate as needed. The spokesperson also maintained that recovery efforts were still underway — noting that Blue Yonder “has been working diligently together with external cybersecurity firms to make progress,” including the implementation of several defensive and forensic protocols. Blue Yonder’s website touts an extensive global roster of customers — including Gap, Ford and Walgreens. Walgreens and Gap were not impacted following the ransomware attack, spokespeople for the companies said. Ford shared that it was investigating whether the incident affected its operations earlier this week, but had no further updates when reached Tuesday. Blue Yonder, based in Arizona, is a subsidiary of Japan’s Panasonic Corp. Panasonic acquired the supply chain software firm in September 2021.
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No, you won’t be charged any hidden fee for trading on Lucid Profit AI.Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020WASHINGTON (AP) — withdrew Thursday as pick for attorney general amid continued fallout over a that cast doubt on his ability to be confirmed as the nation's chief federal law enforcement officer. The announcement caps a turbulent eight-day period in which Trump sought to capitalize on his decisive election win to force Senate Republicans to accept provocative selections like Gaetz, who had been investigated by the Justice Department before being tapped last week to lead it. The decision could heighten scrutiny on other controversial Trump nominees, including , who faces sexual assault allegations that he denies. “While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work of the Trump/Vance Transition,” Gaetz, a Florida Republican who one day earlier met with senators in an effort to win their support, said in a statement. “There is no time to waste on a needlessly protracted Washington scuffle, thus I’ll be withdrawing my name from consideration to serve as Attorney General. Trump’s DOJ must be in place and ready on Day 1," he added. Trump, in a social media post, said: “I greatly appreciate the recent efforts of Matt Gaetz in seeking approval to be Attorney General. He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect. Matt has a wonderful future, and I look forward to watching all of the great things he will do!” He did not immediately announce a new selection. Last week, Todd Blanche, Emil Bove and D. John Sauer to senior roles in the department. Another possible contender, Matthew Whitaker, The withdrawal, just a week after the pick was announced, averts what was shaping up to be a pitched confirmation fight that would have tested how far Senate Republicans were willing to go to support Trump’s Cabinet picks. The selection of the fierce Trump ally over well-regarded veteran lawyers whose names had circulated as possible contenders stirred concern for the Justice Department's independence at a time when Trump has openly threatened to seek retribution against political adversaries. It underscored the premium Trump to have a disruptor lead a Justice Department that for years investigated and ultimately indicted him. In the Senate, deeply skeptical lawmakers sought more information about Justice Department and congressional investigations into sex trafficking allegations involving underage girls, which Gaetz has denied. Meanwhile, with limited legal experience who has echoed Trump's claims of a weaponized criminal justice system. As Gaetz sought to lock down Senate support, concern over the sex trafficking allegations showed no signs of abating. In recent days, said 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. One of the women testified she saw Gaetz having sex with a 17-year-old at a party in Florida in 2017, according to the attorney, Joel Leppard. Leppard has said that his client testified she didn’t think Gaetz knew the girl was underage, stopped their relationship when he found out and did not resume it until after she turned 18. The age of consent in Florida is 18. "They’re grateful for the opportunity to move forward with their lives,” Leppard said Thursday of his clients. “They’re hoping that this brings final closure for all the parties involved.” Gaetz has vehemently denied any wrongdoing. The Justice Department’s investigation ended last year with no charges against him. Gaetz’s political future is uncertain. He had abruptly resigned his congressional seat upon being selected as attorney general, a move seen as a way to shut down the ethics investigation into sexual misconduct allegations. He did win reelection in November for the new Congress, which convenes Jan. 3, 2025, but he said in his resignation letter last week that he did not intend to take the oath of office. There are plans for a special election in Florida for his seat. Republicans on the House Ethics Committee declined this week to release the panel's findings, over objections from Democrats in a split vote. But the committee did agree to finish its work and is scheduled to meet again Dec. 5 to discuss the matter. As word of Gaetz's decision spread across the Capitol, Republican senators seemed divided. Oklahoma Sen. Markwayne Mullin, who served with Gaetz in the House, called it a “positive move." Maine Sen. Susan Collins said Gaetz “put country first and I am pleased with his decision.” Others said they had hoped Gaetz could have overhauled the department. Florida Sen. Rick Scott, a close ally of Trump, said he was “disappointed. I like Matt and I think he would have changed the way DOJ is run.” Kentucky Sen. Rand Paul said he hopes Trump will pick someone “equally as tenacious and equally as committed to rooting out and eliminating bias and politicization at the DOJ.” Gaetz is not the only Trump pick facing congressional scrutiny over past allegations. A detailed investigative police report made public Wednesday shows that a woman told police that she was sexually assaulted in 2017 by Hegseth, the former Fox News host now tapped to lead the Pentagon, after he took her phone, blocked the door to a California hotel room and refused to let her leave. “The matter was fully investigated and I was completely cleared,” Hegseth told reporters Thursday at the Capitol, where he was meeting with senators to build support for his nomination. _____ Associated Press writers Michelle L. Price, Lisa Mascaro, Mary Clare Jalonick and Adriana Gomez Licon contributed to this report. Eric Tucker And Alanna Durkin Richer, The Associated Press
BOZEMAN, Mont. (AP) — Tommy Mellott threw for 300 yards and four touchdowns and top-seeded Montana State tied a school record with its 13th straight win, dominating Tennessee-Martin 49-17 on Saturday in the second round of the FCS playoffs. Scottre Humphrey ran for 102 yards and a touchdown, one of three rushing touchdowns for the Bobcats (13-0), who are home next weekend against the winner of Saturday's late game between Lehigh and eighth-seeded Idaho. MSU, which has scored at least 30 points in every game this season, won 13 games in 1975-76. Mellott threw for 178 yards and three touchdowns in the first half and the Bobcats rolled to a 28-10 lead. Mellott had touchdown passes of 24 yards to Hunter Provience and 12 yards to Taco Dowler in the first quarter and 39 yards to Ty McCullouch in the second. McCullouch also had a 6-yard touchdown run. The pass to McCullouch ended a six-play, 73-yard drive that took just 53 seconds, and came immediately after Trevonte Rucker took a pass from Kinkead Dent 78 yards to the end zone that made it 21-10. The Bobcats only allowed only 10 total points in the first half of home games in the regular season. Humphrey had a 36-yard TD run and Mellott hit Dowler for a 29-yard score in the third quarter Adam Jones contributed a 30-yard scoring run in the fourth. Mellott finished 22-of-25 passing and the Bobcats had 501 total yards. Dent threw for 167 yards and two touchdowns, both to Rucker, who had six receptions for 107 yards. The Skyhawks (9-6) finished with 264 yards. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25Sarnia councillor won't apologize to mayor and staff for vulgar attacks during meeting
OAKLAND — The city will be thoroughly reshaped by the almost-final Nov. 5 election results, which included a successful recall of Mayor Sheng Thao and victories by three new City Council candidates, with another replacement likely on the way. The political stakes amid all this turnover are high, with a crippling budget crisis and unresolved sale of the Coliseum leaving the city possibly on the path to fiscal insolvency. Who are the eight council members set to lead Oakland next year, alongside a new mayor? Here’s where things stand: The only seat to represent the entire city was fought over by 10 candidates vying to replace retiring Councilmember Rebecca Kaplan. Brown, a staffer for state Assemblymember Mia Bonta, D-Oakland, emerged successful, fending off the name recognition of former police Chief LeRonne Armstrong by a 56% to 43% margin in ranked-choice votes. Of all the candidates for council, Brown received the most financial support from SEIU Local 1021, the city’s largest labor union. She has promised a multi-pronged solution for taking on crime, including an increase in funds for Oakland’s unarmed crisis-response program, MACRO. Brown, who did not respond to an interview request, could possibly look to avoid some more contentious routes to fixing the budget, including negotiating a pay cut for the unions or slashing city services to spare reductions at the Oakland Police Department, which frequently overspends. Unger handily won the race to succeed retiring Councilmember Dan Kalb in representing areas of North Oakland near the Emeryville border and the Rockridge, Piedmont and Grand Lake neighborhoods, plus part of Adams Point above Lake Merritt. His labor backing will come as no surprise given his longtime role leading the Oakland firefighters’ union and his previous political alliance with Thao. But the Brown University and UC Berkeley grad, a former firefighter, bills himself as a “pragmatist” who has seen the city renegotiate its past labor contracts and recognizes that such a move could be part of a solution to the crisis. “We need to fund public safety fully,” Unger said of police, fire and other violence-prevention staff, though he said cops and firefighters may ultimately be lost through attrition. He also noted a possible quarter-cent sales tax may appear on next spring’s special election ballot to replace the mayor. Thao is likely to leave office after the council certifies election results at a Dec. 17 meeting, at which point Bas, who has two years left in her District 2 term, would become interim mayor as president of the council. But she may end up holding that office for only a few weeks. Bas likely will join the Alameda County Board of Supervisors in January, if her lead over Emeryville’s John Bauters remains when results are finalized. At that point, the new City Council would select from its 2025 roster both a new president and someone to serve as interim mayor, given that the current next in line, President Pro-Tempore Kalb, is also leaving office. Bas’ likely departure means Oakland would have another special election next year to permanently fill her District 2 seat, which represents Chinatown, Jack London Square and areas south of Lake Merritt, including the San Antonio neighborhood. The election would take place within 120 days of Bas leaving office, per the city charter, but the council may also have a pathway to appoint a temporary replacement until then. It’s very possible the election, which county officials estimate will cost several million dollars, could replace Thao and Bas in one go. By a 58% to 41% ranked-choice margin, Fife defeated her closest opponent, Warren Logan, withstanding the financial backing he received from a tougher-on-crime, more fiscally conservative political outfit. She credited a boots-on-the-ground campaign approach for her success. But now she faces a budget crisis exacerbated by the still-pending sale of the Oakland Coliseum. Meanwhile, she is pondering a mayoral run next spring if Congresswoman Barbara Lee isn’t convinced by Fife and other Democrats in Oakland to go for the job. At a meeting last week, she railed against unnamed city officials for misrepresenting the core problems behind the crisis — heavily intimating that the police department should be held to account for its overspending. Ramachandran, who just gave birth to a son, is on maternity leave “for the next few weeks,” she told this news organization on Nov. 18. How long she’s gone may end up being relevant to the council’s ability to hold quorum, with Bas leaving District 2 vacant and another member likely to become the interim mayor. The eight-member council needs five members present to hold meetings and vote, and additional absences could jeopardize that if Ramachandran misses extended time. A social-justice lawyer, Ramachandran has been most notable on the council for opposing Thao’s budget plans and pushing for more conservative spending amid an uncertain Coliseum sale. She has said a mayoral run isn’t under consideration, despite the last three mayors hailing from District 4, which spans a diverse range of Oakland neighborhoods from Allendale in the east to Montclair in the north. Gallo soon will be the longest-tenured councilmember — and in recent years, the one who’s least engaged in policy talks. But his community work and name recognition helped him win 59% of ranked-choice votes in a bid to continue representing District 5, which covers parts of East Oakland between 23rd and 54th avenues, including the Fruitvale neighborhood. He is often hostile toward city officials over Oakland’s budgetary woes and is likely to support hardline measures for fixing the crisis. As the city’s financial situation worsens, Jenkins is adamant that the council’s budgeting of still-pending Coliseum revenues in the summer had its benefits. He was keen to note at a meeting last week how budget saves in the fire department may have helped spare homes during the recent Oakland Hills wildfire. Jenkins’ community relationships are steadily growing his clout as a first-term councilmember in District 6, which spans areas between the Coliseum and Merritt College and across to the Eastmont Hills neighborhood. The fast-talking Houston benefited from a chaotic musical-chairs game that followed Treva Reid’s decision not to seek another term to represent East Oakland near the San Leandro and Alameda borders in District 7. Houston, who won 52% of the ranked-choice votes, is as vocally pro-police as anyone on the council next year and his lack of political experience make him a wild card in the upcoming budget talks. He didn’t respond to an interview request.