NEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for and could spur along with economic growth. But traders are still confident the will at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the , which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats , including for goods . Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies to include many that make equipment used to make computer chips, chipmaking tools and software. The newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about , where the government is battling over the budget. AP Business Writers Yuri Kageyama and Matt Ott contributed.Drivers at mercy of cowboy parking firms: Motorists are handed 41,000 tickets every day by private firms - as motoring groups demand crackdown
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The decision by Tesco, Musgrave and the BWG Group came after a woman who said Mr McGregor raped her won a civil claim for damages against him. Nikita Hand, who accused the sportsman of raping her in a Dublin hotel in December 2018, won her claim against him for damages in a case at the High Court in the Irish capital. In a statement, a spokesman for Musgrave said: “Musgrave can confirm these products are no longer available to our store network.” The network includes SuperValu, Centra, Daybreak and Mace. A Tesco spokesperson said: “We can confirm that we are removing Proper No Twelve Whiskey from sale in Tesco stores and online.” A spokesperson for BWG Group said: “The products are no longer listed for distribution across our network of Spar, Eurospar, Mace, Londis and XL stores, including Appleby Westward which operates over 300 Spar stores in the south west of England.” It is understood that other retail outlets including Costcutter and Carry Out will also stop stocking products linked to Mr McGregor. He and some of his business partners sold their majority stake in the Proper Number Twelve Irish whiskey brand. He was reported to have been paid more than £103 million from the sale to Proximo Spirits in 2021. On Monday, a popular video game developer decided to pull content featuring the MMA fighter. The Irish athlete has featured in multiple video games, including voice-acting a character bearing his likeness in additional downloadable content in the Hitman series. Mr McGregor’s character featured as a target for the player-controlled assassin in the game. IO Interactive, the Danish developer and publisher of Hitman, said in a statement: “In light of the recent court ruling regarding Conor McGregor, IO Interactive has made the decision to cease its collaboration with the athlete, effective immediately. “We take this matter very seriously and cannot ignore its implications. “Consequently, we will begin removing all content featuring Mr McGregor from our storefronts starting today.” Last Friday, the High Court jury awarded damages amounting to 248,603.60 euros (around £206,000) to Ms Hand. Mr McGregor made no comment as he left court but later posted on social media that he intended to appeal against the decision.Exela Technologies, Inc. to Host Third Quarter 2024 Financial Results Conference CallMichigan fires offensive coordinator Kirk Campbell after Wolverines ranked No. 128 in total offense for 2024
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First Horizon Names New Head of Investor RelationsIn the remotest reaches of Alaska, there’s no relying on DoorDash to have Thanksgiving dinner — or any dinner — delivered. But some residents living well off the grid nevertheless have turkeys this holiday, thanks to the Alaska Turkey Bomb. For the third straight year, a resident named Esther Keim has been flying low and slow in a small plane over rural parts of south-central Alaska, dropping frozen turkeys to those who can't simply run out to the grocery store. Alaska is mostly wilderness, with only about 20% of it accessible by road. In winter, many who live in remote areas rely on small planes or snowmobiles to travel any distance, and frozen rivers can act as makeshift roads. When Keim was growing up on an Alaska homestead , a family friend would airdrop turkeys to her family and others nearby for the holidays. Other times, the pilot would deliver newspapers, sometimes with a pack of gum inside for Keim. Her family moved to more urban Alaska nearly 25 years ago but still has the homestead. Using a small plane she had rebuilt with her father, Keim launched her turkey delivery mission a few years back after learning of a family living off the land nearby who had little for Thanksgiving dinner. “They were telling me that a squirrel for dinner did not split very far between three people," Keim recalled. “At that moment, I thought ... ‘I’m going to airdrop them a turkey.'” She decided not to stop there. Her effort has grown by word of mouth and by social media posts. This year, she's delivering 32 frozen turkeys to people living year-round in cabins where there are no roads. All but two had been delivered by Tuesday, with delivery plans for the last two birds thwarted by Alaska’s unpredictable weather. Among the beneficiaries are Dave and Christina Luce, who live on the Yentna River about 45 miles (72 kilometers) northwest of Anchorage. They have stunning mountain views in every direction, including North America's tallest mountain, Denali, directly to the north. But in the winter it's a 90-minute snowmobile ride to the nearest town, which they do about once a month. “I’m 80 years old now, so we make fewer and fewer trips," Dave Luce said. “The adventure has sort of gone out of it.” They've known Keim since she was little. The 12-pound (5.44-kilogram) turkey she delivered will provide more than enough for them and a few neighbors. “It makes a great Thanksgiving,” Dave Luce said. “She’s been a real sweetheart, and she’s been a real good friend.” Keim makes 30 to 40 turkey deliveries yearly, flying as far as 100 miles (161 kilometers) from her base north of Anchorage toward Denali's foothills. Sometimes she enlists the help of a “turkey dropper” to ride along and toss the birds out. Other times, she’s the one dropping turkeys while her friend Heidi Hastings pilots her own plane. Keim buys about 20 turkeys at a time, with the help of donations, usually by people reaching out to her through Facebook. She wraps them in plastic garbage bags and lets them sit in the bed of her pickup until she can arrange a flight. “Luckily it’s cold in Alaska, so I don’t have to worry about freezers,” she said. She contacts families on social media to let them know of impending deliveries, and then they buzz the house so the homeowners will come outside. “We won’t drop the turkey until we see them come out of the house or the cabin, because if they don’t see it fall, they’re not going to know where to look,” she said. It can be especially difficult to find the turkey if there’s deep snow. A turkey was once missing for five days before it was found, but the only casualty so far has been a lost ham, Keim said. Keim prefers to drop the turkey on a frozen lake if possible so it's easy to locate. “As far as precision and hitting our target, I am definitely not the best aim,” she joked. “I’ve gotten better, but I have never hit a house, a building, person or dog.” Her reward is the great responses she gets from families, some who record her dropping the turkeys and send her videos and texts of appreciation. “They just think it’s so awesome that we throw these things out of the plane,” Keim said. Ultimately, she hopes to set up a nonprofit organization to solicit more donations and reach people across a bigger swath of the state. And it doesn’t have to stop at turkeys. “There’s so many kids out in the villages," she said. “It would be cool to maybe add a stuffed animal or something they can hold.” ___ Bohrer reported from Juneau, Alaska.
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