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Principal U.S. Mega-Cap ETF ( NASDAQ:USMC – Get Free Report ) declared a dividend on Friday, December 27th, NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be given a dividend of 0.1501 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 27th. Principal U.S. Mega-Cap ETF Trading Down 1.4 % Shares of Principal U.S. Mega-Cap ETF stock opened at $60.86 on Friday. Principal U.S. Mega-Cap ETF has a 1 year low of $46.14 and a 1 year high of $61.98. The company’s fifty day simple moving average is $59.50 and its 200-day simple moving average is $56.63. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 26.66 and a beta of 0.92. Principal U.S. Mega-Cap ETF Company Profile ( Get Free Report ) See Also Receive News & Ratings for Principal U.S. Mega-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal U.S. Mega-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter .Argentina's Racing wins its first Copa Sudamericana championship by beating Brazil's Cruzeiro 3-1Happy holidays from all of us at the Duluth Police Department! I hope you are having opportunities to spend time with family, friends, and loved ones during this holiday season. As we look forward to a new year, it is time to reflect on 2024 and look ahead to 2025. ADVERTISEMENT Recruiting new officers continues to challenge our department and the profession. Our Professional Standards Unit attended numerous job fairs and took advantage of other outreach opportunities to engage with individuals interested in a career in law enforcement. The Minnesota Peace Officer Standards and Training Board is also exploring a new academy approach. This path may make it easier for people to transition to the profession. Minnesota currently offers the Intensive Comprehensive Peace Officer Education and Training Program, an option we are interested in. The program takes people with existing college degrees and offers them extensive training so they can become police officers. Currently, this program is only offered at Hennepin Technical College and Alexandria Technical College. We are hopeful this program will soon be available at Fond Du Lac Tribal and Community College. This would be a tremendous opportunity for us to recruit local professionals into policing. We consistently look at ways to improve our community's and officers' safety. During the past year, we made significant improvements to our capabilities in critical incident response. We partnered with the Duluth Fire Department to integrate tactical emergency medical operators. These firefighters are specifically trained to respond with our Tactical Response Team on operations. This provides a heightened level of emergency medical response for community members and officers during these events. Our drone and crisis-response teams also train with our Tactical Response Team, a cross-training that ensures proficient staff and resources are available when a critical incident arises. An area of concern for all of us is downtown safety. Many of the issues we respond to in downtown Duluth are quality-of-life issues. Most often, these are not criminal offenses; when they are, they are most likely misdemeanors. While these are not the most serious crimes, these crimes do have a negative impact on our perception of safety. This past year, we changed our approach to downtown safety. These changes include the community policing unit, parking ramp infrastructure, and engagement with the downtown community. Traditionally, our community policing unit was tied to geographical boundaries and largely worked on issues within its own area. This year, we removed those boundaries and had them work as a team to address problem areas and people. This unit consists of our Community Engagement Problem Orientated Policing Unit, Behavioral Health Unit, and school resource officers. These units work together to identify strategies to address quality-of-life issues, unlike our patrol division, whose primary responsibility is responding to 911 calls and utilizing its unallocated time to be proactive; this unit’s job is to be proactive. The HART parking ramp, medical district parking ramp, and Tech Village parking ramp, all in downtown, underwent renovations and security enhancements this year. The enhancements were first made at the HART Ramp. Since then we have seen a significant decrease in crime and problems and a significant increase in cleanliness there. We expect to see the same result at the other two ramps once new security features are fully operational. ADVERTISEMENT We are launching an online crime map dashboard on our website as a commitment to building trust through transparency with our community. This dashboard will serve as another communication tool for people concerned about the activities that have been reported in their neighborhood. In 2025, we will continue to find innovative ways to keep our community safe. The use of technology continues to grow in our profession. This growth includes things like camera systems with AI, drones as first responders, and AI-assisted report writing. As a department, we will evaluate emerging technologies that may benefit our community as well as their possible unintended consequences. Our goal is to be innovative in reducing call response times and in increasing our ability to address areas of concern proactively. We appreciate the support of our city administration, City Council, and community as we continue to find ways to improve our public safety response. I wish you all a happy and healthy 2025! Mike Ceynowa is chief of the Duluth Police Department. He wrote this at the invitation of the News Tribune Opinion page.
WASHINGTON — There's a common trait that President-elect Donald Trump is clearly prizing as he selects those to serve in his new administration: experience on television. Rep. Sean Duffy, R-Wis., speaks during a hearing July 18, 2018, on Capitol Hill in Washington. President-elect Donald Trump has nominated Duffy to be Transportation Secretary. Trump loves that "central casting" look, as he likes to call it. Some, like his choices for defense secretary, Pete Hegseth, and transportation secretary, Sean Duffy, were until recently TV hosts on Trump's favorite network, Fox News. Mike Huckabee, his pick for U.S. ambassador to Israel, hosted the Fox show “Huckabee” from 2008 to 2015 after his time as Arkansas governor. Dr. Mehmet Oz, a former syndicated talk show host and heart surgeon, was tapped to head the Centers for Medicare and Medicaid Services, the agency that oversees health insurance programs for millions of older, poor and disabled Americans. He would report to Trump's choice for health and human services secretary, Robert F. Kennedy Jr., himself a regular on the cable news circuit. Mehmet Oz visits the AW Driving School & License Testing Center on Sept. 23, 2022, in Allentown, Pa. Trump, a former reality television star himself, has made no secret of his intention to stack his administration with loyalists after his decisive 2024 election win — including some whose lack of relevant experience has raised concerns among lawmakers. But he's also working to set up a more forceful administration in this term, and in his eyes, many of those people happen to intersect with celebrity. The trend was not lost on Democratic Rep. Jim Himes of Connecticut, who posted on social media after the Oz nomination: “We are becoming the world’s first nuclear-armed reality television show.” For good measure, Himes added: “Just spitballing here, but what if the Attorney General and the Secretary of HHS fight each other in an octagonal cage?” That was a reference to Trump's affinity for the UFC fighters who do battle in the octagon. Choosing TV personalities isn't that unusual for the once-and-future president: A number of his first-term choices — John Bolton, Larry Kudlow, Heather Nauert and Mercedes Schlapp, were all on TV — mostly also on Fox. Omarosa Manigault Newman, a confrontational first-season member of Trump's NBC show “The Apprentice," was briefly at the White House before she was fired. Former New Jersey Gov. Chris Christie, a Republican who ran Trump’s 2016 transition team until he was fired, said that eight years ago, Trump held “Apprentice-like interviews at Bedminster,” summoning potential hires to his club in New Jersey. On a call on Tuesday organized by the Council on Foreign Relations, Christie said this year’s Cabinet choices are different than 2016’s but it’s still “Donald Trump casting a TV show.” “He’s casting,” Christie said. Trump has readily highlighted the media experience of his choices as he's announced them. He said Duffy, a former lawmaker and onetime cast member of MTV’s “The Real World," was “a STAR on Fox News.” Pete Hegseth walks to an elevator for a meeting with President-elect Donald Trump at Trump Tower on Dec. 15, 2016, in New York. Hegseth, a military veteran, “has been a host at FOX News for eight years, where he used that platform to fight for our Military and Veterans,” Trump said. He also noted that Hegseth's book “The War on Warriors” spent nine weeks on The New York Times “best-sellers list, including two weeks at NUMBER ONE.” As for Oz, Trump said: “He won nine Daytime Emmy Awards hosting ‘The Dr. Oz Show,’ where he taught millions of Americans how to make healthier lifestyle choices." It's also true that those seeking positions in Trump's orbit often take to the airwaves to audition for an audience of one. Tom Homan, Trump's choice for “border czar,” is a frequent Fox contributor. Ohio Sen. JD Vance was chosen as Trump's running mate in part because of how well he comes across on air. Trump's choice to lead the Federal Communications Commission, Brendan Carr, upped his profile when he took to Fox News to argue that a pre-election appearance on NBC's “Saturday Night Live” by Democratic nominee Kamala Harris was a violation of the “equal time” rule governing candidate appearances on television. The White House-to-cable news pundit pipeline tends to cut across administrations of both parties, to some extent. President Joe Biden had three MSNBC contributors on his transition team and his former press secretary went to the network after she left the White House. Biden, though, looked to career diplomats, longtime government workers and military leaders for key posts like the Defense Department. Trump's affinity for Fox News is well-documented, though the romance cooled for a time after Fox made an early call of Arizona for Biden in 2020, a move that infuriated Trump and many of the network’s viewers. Trump suggested viewers should migrate to other conservative news outlets. While the Arizona call ultimately proved correct, it set in motion internal second-guessing and led some Fox personalities to embrace conspiracy theories, which ultimately cost the network $787 million to settle a defamation lawsuit by Dominion Voting Systems. But Trump is still an avid watcher — the network provides Trump a window into conservative thinking, with commentary from Republican lawmakers and thinkers who are, often, speaking directly to the president-elect. Among President-elect Donald Trump's picks are Susie Wiles for chief of staff, Susie Wiles, 67, was a senior adviser to Trump's 2024 presidential campaign and its de facto manager. Trump to be secretary of state, making a former sharp critic his choice to be the new administration's top diplomat. Rubio, 53, is a noted hawk on China, Cuba and Iran, and was a finalist to be Trump's running mate on the Republican ticket last summer. Rubio is the vice chairman of the Senate Intelligence Committee and a member of the Senate Foreign Relations Committee. “He will be a strong Advocate for our Nation, a true friend to our Allies, and a fearless Warrior who will never back down to our adversaries,” Trump said of Rubio in a statement. The announcement punctuates the hard pivot Rubio has made with Trump, whom the senator called a “con man" during his unsuccessful campaign for the 2016 GOP presidential nomination. Their relationship improved dramatically while Trump was in the White House. And as Trump campaigned for the presidency a third time, Rubio cheered his proposals. For instance, Rubio, who more than a decade ago helped craft immigration legislation that included a path to citizenship for people in the U.S. illegally, now supports Trump's plan to use the U.S. military for mass deportations. Pete Hegseth, 44, is a co-host of Fox News Channel’s “Fox & Friends Weekend” and has been a contributor with the network since 2014, where he developed a friendship with Trump, who made regular appearances on the show. Hegseth lacks senior military or national security experience. If confirmed by the Senate, he would inherit the top job during a series of global crises — ranging from Russia’s war in Ukraine and the ongoing attacks in the Middle East by Iranian proxies to the push for a cease-fire between Israel, Hamas and Hezbollah and escalating worries about the growing alliance between Russia and North Korea. Hegseth is also the author of “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free,” published earlier this year. Trump tapped Pam Bondi, 59, to be attorney general after U.S. Rep. Matt Gaetz withdrew his name from consideration. She was Florida's first female attorney general, serving between 2011 and 2019. She also was on Trump’s legal team during his first impeachment trial in 2020. Considered a loyalist, she served as part of a Trump-allied outside group that helped lay the groundwork for his future administration called the America First Policy Institute. Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in New York that ended in May with a conviction on 34 felony counts. A fierce defender of Trump, she also frequently appears on Fox News and has been a critic of the criminal cases against him. Trump picked South Dakota Gov. Kristi Noem, a well-known conservative who faced sharp criticism for telling a story in her memoir about shooting a rambunctious dog, to lead an agency crucial to the president-elect’s hardline immigration agenda. Noem used her two terms leading a tiny state to vault to a prominent position in Republican politics. South Dakota is usually a political afterthought. But during the COVID-19 pandemic, Noem did not order restrictions that other states had issued and instead declared her state “open for business.” Trump held a fireworks rally at Mount Rushmore in July 2020 in one of the first large gatherings of the pandemic. She takes over a department with a sprawling mission. In addition to key immigration agencies, the Department of Homeland Security oversees natural disaster response, the U.S. Secret Service, and Transportation Security Administration agents who work at airports. The governor of North Dakota, who was once little-known outside his state, Burgum is a former Republican presidential primary contender who endorsed Trump, and spent months traveling to drum up support for him, after dropping out of the race. Burgum was a serious contender to be Trump’s vice presidential choice this summer. The two-term governor was seen as a possible pick because of his executive experience and business savvy. Burgum also has close ties to deep-pocketed energy industry CEOs. Trump made the announcement about Burgum joining his incoming administration while addressing a gala at his Mar-a-Lago club, and said a formal statement would be coming the following day. In comments to reporters before Trump took the stage, Burgum said that, in recent years, the power grid is deteriorating in many parts of the country, which he said could raise national security concerns but also drive up prices enough to increase inflation. “There's just a sense of urgency, and a sense of understanding in the Trump administration,” Burgum said. Robert F. Kennedy Jr. ran for president as a Democrat, than as an independent, and . He's the son of Democratic icon Robert Kennedy, who was assassinated during his own presidential campaign. The nomination of Kennedy to lead the Department of Health and Human Services alarmed people who are concerned about . For example, he has long advanced the debunked idea that vaccines cause autism. Scott Bessent, 62, is a former George Soros money manager and an advocate for deficit reduction. He's the founder of hedge fund Key Square Capital Management, after having worked on-and-off for Soros Fund Management since 1991. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending. “This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said then. Sean Duffy is a former House member from Wisconsin who was one of Trump's most visible defenders on cable news. Duffy served in the House for nearly nine years, sitting on the Financial Services Committee and chairing the subcommittee on insurance and housing. He left Congress in 2019 for a TV career and has been the host of “The Bottom Line” on Fox Business. Before entering politics, Duffy was a reality TV star on MTV, where he met his wife, “Fox and Friends Weekend” co-host Rachel Campos-Duffy. They have nine children. A campaign donor and CEO of Denver-based Liberty Energy, Write is a vocal advocate of oil and gas development, including fracking — a key pillar of Trump’s quest to achieve U.S. “energy dominance” in the global market. Wright also has been one of the industry’s loudest voices against efforts to fight climate change. He said the climate movement around the world is “collapsing under its own weight.” The Energy Department is responsible for advancing energy, environmental and nuclear security of the United States. Wright also won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term. President-elect Donald Trump tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump promised to dismantle. McMahon led the Small Business Administration during Trump’s initial term from 2017 to 2019 and twice ran unsuccessfully as a Republican for the U.S. Senate in Connecticut. She’s seen as a relative unknown in education circles, though she expressed support for charter schools and school choice. She served on the Connecticut Board of Education for a year starting in 2009 and has spent years on the board of trustees for Sacred Heart University in Connecticut. Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he'd have a key role in carrying out Trump's plans to raise and enforce tariffs. Trump made the announcement Tuesday on his social media platform, Truth Social. Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration. Both are tasked with putting forward candidates for key roles in the next administration. The nomination would put Lutnick in charge of a sprawling Cabinet agency that is involved in funding new computer chip factories, imposing trade restrictions, releasing economic data and monitoring the weather. It is also a position in which connections to CEOs and the wider business community are crucial. Doug Collins is a former Republican congressman from Georgia who gained recognition for defending Trump during his first impeachment trial, which centered on U.S. assistance for Ukraine. Trump was impeached for urging Ukraine to investigate Joe Biden in 2019 during the Democratic presidential nomination, but he was acquitted by the Senate. Collins has also served in the armed forces himself and is currently a chaplain in the United States Air Force Reserve Command. "We must take care of our brave men and women in uniform, and Doug will be a great advocate for our Active Duty Servicemembers, Veterans, and Military Families to ensure they have the support they need," Trump said in a statement about nominating Collins to lead the Department of Veterans Affairs. Karoline Leavitt, 27, was Trump's campaign press secretary and currently a spokesperson for his transition. She would be the youngest White House press secretary in history. The White House press secretary typically serves as the public face of the administration and historically has held daily briefings for the press corps. Leavitt, a New Hampshire native, was a spokesperson for MAGA Inc., a super PAC supporting Trump, before joining his 2024 campaign. In 2022, winning a 10-way Republican primary before losing to Democratic Rep. Chris Pappas. Leavitt worked in the White House press office during Trump's first term before she became communications director for New York Republican Rep. Elise Stefanik, Trump's choice for U.S. ambassador to the United Nations. Former Hawaii Rep. Tulsi Gabbard to be director of national intelligence, keeping with the trend to stock his Cabinet with loyal personalities rather than veteran professionals in their requisite fields. Gabbard, 43, was a Democratic House member who unsuccessfully sought the party's 2020 presidential nomination before leaving the party in 2022. She endorsed Trump in August and campaigned often with him this fall. “I know Tulsi will bring the fearless spirit that has defined her illustrious career to our Intelligence Community,” Trump said in a statement. Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider compared to her predecessor. The current director, Avril Haines, was confirmed by the Senate in 2021 following several years in a number of top national security and intelligence positions. Trump has picked John Ratcliffe, a former Texas congressman who served as director of national intelligence during his first administration, to be director of the Central Intelligence Agency in his next. Ratcliffe was director of national intelligence during the final year and a half of Trump's first term, leading the U.S. government's spy agencies during the coronavirus pandemic. “I look forward to John being the first person ever to serve in both of our Nation's highest Intelligence positions,” Trump said in a statement, calling him a “fearless fighter for the Constitutional Rights of all Americans” who would ensure “the Highest Levels of National Security, and PEACE THROUGH STRENGTH.” Trump has chosen former New York Rep. to serve as his pick to lead the . Zeldin does not appear to have any experience in environmental issues, but is a longtime supporter of the former president. The 44-year-old former U.S. House member from New York wrote on , “We will restore US energy dominance, revitalize our auto industry to bring back American jobs, and make the US the global leader of AI.” “We will do so while protecting access to clean air and water,” he added. During his campaign, Trump often attacked the Biden administration's promotion of electric vehicles, and incorrectly referring to a tax credit for EV purchases as a government mandate. Trump also often told his audiences during the campaign his administration would “Drill, baby, drill,” referring to his support for expanded petroleum exploration. In a statement, Trump said Zeldin “will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses, while at the same time maintaining the highest environmental standards, including the cleanest air and water on the planet.” Trump has named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband. Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission. Carr made past appearances on “Fox News Channel," including when he decried Democratic Vice President Kamala Harris' pre-Election Day appearance on “Saturday Night Live.” He wrote an op-ed last month defending a satellite company owned by Trump supporter Elon Musk. Scott Turner is a former NFL player and White House aide. He ran the White House Opportunity and Revitalization Council during Trump’s first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he’s yet selected for his administration, with “helping to lead an Unprecedented Effort that Transformed our Country’s most distressed communities.” Rep. Elise Stefanik is a and one of Trump's staunchest defenders going back to his first impeachment. Elected to the House in 2014, Stefanik was selected by her GOP House colleagues as House Republican Conference chair in 2021, when former Wyoming Rep. Liz Cheney was removed from the post after publicly criticizing Trump for falsely claiming he won the 2020 election. Stefanik, 40, has served in that role ever since as the third-ranking member of House leadership. Stefanik’s questioning of university presidents over antisemitism on their campuses helped lead to two of those presidents resigning, further raising her national profile. If confirmed, she would represent American interests at the U.N. as Trump vows to end the war waged by Russia against Ukraine begun in 2022. He has also called for peace as Israel continues its offensive against Hamas in Gaza and its invasion of Lebanon to target Hezbollah. A Republican congressman from Michigan who served from 1993 to 2011, Hoekstra was ambassador to the Netherlands during Trump's first term. “In my Second Term, Pete will help me once again put AMERICA FIRST,” Trump said in a statement announcing his choice. “He did an outstanding job as United States Ambassador to the Netherlands during our first four years, and I am confident that he will continue to represent our Country well in this new role.” Trump will nominate former Arkansas Gov. Mike Huckabee to be ambassador to Israel. Huckabee is a staunch defender of Israel and his intended nomination comes as Trump has promised to align U.S. foreign policy more closely with Israel's interests as it wages wars against the Iran-backed Hamas and Hezbollah. “He loves Israel, and likewise the people of Israel love him,” Trump said in a statement. “Mike will work tirelessly to bring about peace in the Middle East.” Huckabee, who ran unsuccessfully for the Republican presidential nomination in 2008 and 2016, has been a popular figure among evangelical Christian conservatives, many of whom support Israel due to Old Testament writings that Jews are God’s chosen people and that Israel is their rightful homeland. Trump has been praised by some in this important Republican voting bloc for moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. Trump on Tuesday named real estate investor Steven Witkoff to be special envoy to the Middle East. The 67-year-old Witkoff is the president-elect's golf partner and was golfing with him at Trump's club in West Palm Beach, Florida, on Sept. 15, when the former president was the target of a second attempted assassination. Witkoff “is a Highly Respected Leader in Business and Philanthropy,” Trump said of Witkoff in a statement. “Steve will be an unrelenting Voice for PEACE, and make us all proud." Trump also named Witkoff co-chair, with former Georgia Sen. Kelly Loeffler, of his inaugural committee. Trump asked Rep. Michael Waltz, R-Fla., a retired Army National Guard officer and war veteran, to be his national security adviser, Trump announced in a statement Tuesday. The move puts Waltz in the middle of national security crises, ranging from efforts to provide weapons to Ukraine and worries about the growing alliance between Russia and North Korea to the persistent attacks in the Middle East by Iran proxies and the push for a cease-fire between Israel and Hamas and Hezbollah. “Mike has been a strong champion of my America First Foreign Policy agenda,” Trump's statement said, "and will be a tremendous champion of our pursuit of Peace through Strength!” Waltz is a three-term GOP congressman from east-central Florida. He served multiple tours in Afghanistan and also worked in the Pentagon as a policy adviser when Donald Rumsfeld and Robert Gates were defense chiefs. He is considered hawkish on China, and called for a U.S. boycott of the 2022 Winter Olympics in Beijing due to its involvement in the origin of COVID-19 and its mistreatment of the minority Muslim Uighur population. Stephen Miller, an , was a vocal spokesperson during the presidential campaign for Trump's priority of mass deportations. The 39-year-old was a senior adviser during Trump's first administration. Miller has been a central figure in some of Trump's policy decisions, notably his move to separate thousands of immigrant families. Trump argued throughout the campaign that the nation's economic, national security and social priorities could be met by deporting people who are in the United States illegally. Since Trump left office in 2021, Miller has served as the president of America First Legal, an organization made up of former Trump advisers aimed at challenging the Biden administration, media companies, universities and others over issues such as free speech and national security. Thomas Homan, 62, with Trump’s top priority of carrying out the largest deportation operation in the nation’s history. Homan, who served under Trump in his first administration leading U.S. Immigration and Customs Enforcement, was widely expected to be offered a position related to the border, an issue Trump made central to his campaign. Though Homan has insisted such a massive undertaking would be humane, he has long been a loyal supporter of Trump's policy proposals, suggesting at a July conference in Washington that he would be willing to "run the biggest deportation operation this country’s ever seen.” Democrats have criticized Homan for his defending Trump's “zero tolerance” policy on border crossings during his first administration, which led to the separation of thousands of parents and children seeking asylum at the border. Dr. Mehmet Oz, 64, is a former heart surgeon who hosted “The Dr. Oz Show,” a long-running daytime television talk show. He ran unsuccessfully for the U.S. Senate as the Republican nominee in 2022 and is an outspoken supporter of Trump, who endorsed Oz's bid for elected office. Elon Musk, left, and Vivek Ramaswamy speak before Republican presidential nominee former President Donald Trump at an Oct. 27 campaign rally at Madison Square Garden in New York. Trump on Tuesday said Musk and former Republican presidential candidate Ramaswamy will lead a new “Department of Government Efficiency" — which is not, despite the name, a government agency. The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. Trump said Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added the move would shock government systems. It's not clear how the organization will operate. Musk, owner of X and CEO of Tesla and SpaceX, has been a constant presence at Mar-a-Lago since Trump won the presidential election. Ramaswamy suspended his campaign in January and threw his support behind Trump. Trump said the two will “pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” Russell Vought held the position during Trump’s first presidency. After Trump’s initial term ended, Vought founded the Center for Renewing America, a think tank that describes its mission as “renew a consensus of America as a nation under God.” Vought was closely involved with Project 2025, a conservative blueprint for Trump’s second term that he tried to distance himself from during the campaign. Vought has also previously worked as the executive and budget director for the Republican Study Committee, a caucus for conservative House Republicans. He also worked at Heritage Action, the political group tied to The Heritage Foundation, a conservative think tank. Scavino, whom Trump's transition referred to in a statement as one of “Trump's longest serving and most trusted aides,” was a senior adviser to Trump's 2024 campaign, as well as his 2016 and 2020 campaigns. He will be deputy chief of staff and assistant to the president. Scavino had run Trump's social media profile in the White House during his first administration. He was also held in contempt of Congress in 2022 after a month-long refusal to comply with a subpoena from the House committee’s investigation into the Jan. 6, 2021, attack on the U.S. Capitol. Blair was political director for Trump's 2024 campaign and for the Republican National Committee. He will be deputy chief of staff for legislative, political and public affairs and assistant to the president. Blair was key to Trump's economic messaging during his winning White House comeback campaign this year, a driving force behind the candidate's “Trump can fix it” slogan and his query to audiences this fall if they were better off than four years ago. Budowich is a veteran Trump campaign aide who launched and directed Make America Great Again, Inc., a super PAC that supported Trump's 2024 campaign. He will be deputy chief of staff for communications and personnel and assistant to the president. Budowich also had served as a spokesman for Trump after his presidency. McGinley was White House Cabinet secretary during Trump's first administration, and was outside legal counsel for the Republican National Committee's election integrity effort during the 2024 campaign. In a statement, Trump called McGinley “a smart and tenacious lawyer who will help me advance our America First agenda, while fighting for election integrity and against the weaponization of law enforcement.” Oregon Republican U.S. Rep. Lori Chavez-DeRemer narrowly lost her reelection bid this month, but received strong backing from union members in her district. As a potential labor secretary, she would oversee the Labor Department’s workforce, its budget and put forth priorities that impact workers’ wages, health and safety, ability to unionize, and employer’s rights to fire employers, among other responsibilities. Chavez-DeRemer is one of few House Republicans to endorse the “Protecting the Right to Organize” or PRO Act would allow more workers to conduct organizing campaigns and would add penalties for companies that violate workers’ rights. The act would also weaken “right-to-work” laws that allow employees in more than half the states to avoid participating in or paying dues to unions that represent workers at their places of employment. Stay up-to-date on the latest in local and national government and political topics with our newsletter.Bruce Willis may have retreated from the spotlight in recent years amid his frontotemporal dementia (FTD) battle, but every now and then fans are delighted with a glimpse of him on social media. The latest comes from his wife Emma Heming Willis , who often shares heartwarming throwback photos and videos of him with their daughters. The Die Hard actor shares daughters Mabel Ray, 12, and Evelyn Penn, 10 with the Make Time Wellness co-founder, as well as Rumer , 35, Scout , 33, and Tallulah , 30, with ex-wife Demi Moore , to whom he was married from 1987 to 2000. Over the weekend and ahead of Christmas, Emma took to Instagram and shared a round of throwback photos of Bruce, including a video of him singing in their backyard. She started with a black-and-white portrait of the four of them and wrote: "Them. Always," followed by two throwback photos of Mabel with her dad when she was younger, and finally the video of Bruce singing and smiling, on which she wrote: "Him. Always." Demi Moore gives update on 'stable' Bruce Willis amid health battle Emma recently opened up to Town & Country about how she has been coping the last couple of years, and how she has approached explaining Bruce's condition to their daughters. "I'm trying to find that balance between the grief and the sadness that I feel, which can just crack open at any given moment, and finding joy," she said, and though it was a heartbreaking diagnosis to receive, she noted: "This disease is misdiagnosed, it's missed, it's misunderstood, so finally getting to a diagnosis was key so that I could learn what frontotemporal dementia is and I could educate our children." MORE: Tallulah Willis shares 'authentic' look at the stunning home she was raised in by Bruce Willis and Demi Moore MORE: Emma Heming Willis shares glimpse inside family Christmas with Bruce Willis at $9.8M home "They've grown up with Bruce declining over the years. I'm not trying to shield them from it," she added, and explained: "What I learned from our therapist was that if children ask questions, they're ready to know the answer. If we could see that Bruce was struggling, I would address it with the kids so they could understand." "But this disease is chronic, progressive, and terminal. There is no cure," she further shared, noting that "obviously, I don't like to speak about the terminal side of this with them, nor have they asked," however, "they know that Daddy's not going to get better." MORE: Bruce Willis and Demi Moore's daughter shows off wild new look in revealing personal video She continued: "There is no treatment, which is why I'm out there raising awareness, so that they can see that we have some agency in this. I'm not going to allow FTD to take our whole family down," and emphasized: "Bruce wouldn't want that. They're going to see me fight for our family, have some hope, and help the next family out there." MORE: Bruce Willis embraces daughter Scout in new video as she shares life update Still, she reflected: "We had so many plans, so many beautiful things we wanted to do with our girls, so many things that we wanted to experience together," though maintained: "This is not the opportunity that I would want, but it's the opportunity that's been presented." "We've been able to raise awareness on a global scale, and they could see the reach and impact that their father has. That's a beautiful thing."
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A case has been registered against the close aide of Karnataka Minister Priyank Kharge , Raju Kapanur and five others in connection with hatching a conspiracy to kill BJP MLA Basavaraj Mattimadu and other leaders, police said on Sunday. The case was registered based on a suicide note by a civil contractor, Sachin Panchal, who had mentioned that the Congress leaders had connived to kill Mattimadu, Siddalinga Swami of Andola Math, BJP leaders Manikanth Rathod and Chandu Patil. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Panchal, a contractor from Bidar, allegedly ended his life by lying down in front of an approaching train on Thursday. In his suicide note, he had accused Kapanur and his aides of making death threats. Meanwhile, the Bidar District-In Charge Minister, Eshwar Khandre, who holds the forest portfolio, visited Panchal's residence in Bhalki Taluk. As soon as the officials visited the house, the angry family members shouted at them to go away as they held them responsible for Panchal's death. 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"The government will ensure that justice is done, and the accused persons are punished. Government is with you," the minister told the inconsolable family members. Later, the minister announced an ex gratia of Rs 10 lakh to the family members of Panchal. "I spoke to the family members who complained to me that the police refused to register a case. I have spoken to senior police officials. Action has been taken against a few policemen," he added. Khandre said the Government Railway Police (GRP) is probing the suicide case and the government would also consider handing over the investigation to the Criminal Investigation Department (CID). The BJP has taken the case seriously. It has demanded that the case should be handed over to the CBI. "The death note written by Panchal, a contractor from Bidar who committed suicide due to harassment by Minister @PriyankKharge's right-hand man, Raju, reveals alarming and serious information that he had given 'Supari' (contract killing) to kill our MLA Basavaraj Mattimadu, BJP leaders Chandu Patil, Manikantha Rathod and Andola Swami," the party's state president B Y Vijayendra said in a statement. Vijayendra and senior BJP functionaries on Sunday evening visited Panchal's residence and spoke to the family members. Priyank Kharge, who is the son of Congress president Mallikarjun Kharge, hit out at the BJP for making baseless allegations against him and politicising Panchal's death. He said nowhere in Panchal's death note is his name mentioned, and added that there were financial transactions between Panchal and Kapanur which need to be investigated. Amid mounting pressure, Priyank Kharge met Chief Minister Siddaramaiah at his residence 'Cauvery' in Bengaluru. "Priyank Kharge had a discussion with the chief minister for about 10 minutes. The details of the discussion are not known," sources close to the minister told PTI. (You can now subscribe to our Economic Times WhatsApp channel )Judge grants request from prosecutors to dismiss election interference case against President-elect Donald Trump
In this digital Era, Pankaj Singhal, who specializes in compliance solutions at a major software company, a groundbreaking research explores how artificial intelligence and automation are transforming regulatory processes in the financial sector. The Digital Transformation of Compliance Financial institutions worldwide are witnessing a dramatic shift in how they handle regulatory compliance and customer verification. Advanced technologies like artificial intelligence (AI) and optical character recognition (OCR) are replacing traditional manual processes, offering unprecedented speed and accuracy in risk assessment and customer onboarding. These innovations have become essential tools in meeting increasingly complex regulatory requirements. Smart Systems, Smarter Decisions AI algorithms have become instrumental in detecting subtle patterns and anomalies that human analysts might miss. These systems process vast amounts of structured and unstructured data, enabling financial institutions to identify potential compliance risks and fraudulent activities with greater precision. Real-time monitoring capabilities allow for immediate alerts when suspicious patterns emerge, significantly reducing the risk of regulatory violations. Breaking the Paper Barrier OCR technology serves as a crucial bridge between physical documents and digital systems. Modern OCR systems can process diverse document types, from passports to utility bills, in multiple languages and various formats, including handwritten text. This capability has dramatically reduced the manual workload while improving data accuracy and processing speed. The integration with AI-powered verification systems enables rapid and accurate document authentication. The Human Touch in an Automated World While automation handles routine tasks, human expertise remains crucial for complex decision-making and oversight. This shift allows compliance professionals to focus on strategic risk management and intricate cases that require nuanced judgment. The integration of AI has optimized workforce distribution, enabling organizations to maintain high compliance standards while managing costs effectively. The collaboration between human expertise and AI capabilities creates a more robust compliance framework. Cost-Effectiveness Meets Efficiency The implementation of AI-driven compliance systems, though requiring initial investment, offers substantial long-term benefits. These systems can handle increased workloads without proportional cost increases, making them particularly valuable for institutions dealing with large transaction volumes. The reduction in manual processing and error rates has led to significant operational cost savings and improved scalability. Organizations can redirect resources to more strategic initiatives while maintaining compliance excellence. Customer Experience Reimagined The impact on customer experience has been transformative. Processes that once required multiple in-person visits and lengthy paperwork can now be completed quickly and remotely. Advanced security measures, including biometric verification and AI-powered document authenticity checks, have created a more secure and efficient onboarding experience, enhancing customer satisfaction while maintaining regulatory compliance. The streamlined processes have significantly reduced customer wait times and improved service delivery. Navigating the Challenges The implementation of these technologies comes with its own set of challenges. Organizations must address data privacy concerns, ensure regulatory acceptance, and maintain robust cybersecurity measures. The need for comprehensive staff training and system integration requires careful planning and execution, but the benefits far outweigh the initial hurdles. Continuous monitoring and updates ensure system effectiveness and regulatory compliance. Future-Ready Compliance As regulatory requirements become more complex, the role of AI and automation in compliance continues to evolve. These technologies are not just tools for efficiency; they represent a fundamental shift in how financial institutions approach regulatory compliance and customer verification. The ongoing development of these technologies promises even more sophisticated solutions for future compliance challenges. In conclusion, Drawing from extensive research by Pankaj Singhal , the integration of AI, OCR, and automation in compliance processes marks a significant advancement in the financial industry's ability to meet regulatory requirements while enhancing customer experience. This technological evolution promises to shape the future of financial compliance, making it more efficient, accurate, and accessible for all stakeholders involved.
NoneFORT MYERS, Fla. (AP) — Ahmad Robinson scored 25 points as Mercer beat Jacksonville 90-89 in overtime on Monday. Robinson had three steals for the Bears (3-3). Tyler Johnson scored 18 points while shooting 7 for 13 (0 for 4 from 3-point range) and 4 of 5 from the free-throw line and added five rebounds. Alex Holt had 14 points and finished 7 of 10 from the floor. The Dolphins (3-3) were led by Robert McCray, who recorded 20 points, eight rebounds, five assists and two steals. Kendall Munson added 14 points, six rebounds and two steals for Jacksonville. Zach Bell also had 13 points and two steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of M&T Bank Co. ( NYSE:MTB – Free Report ) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 8,779 shares of the financial services provider’s stock, valued at approximately $1,564,000. Several other large investors have also added to or reduced their stakes in MTB. Marshall Wace LLP increased its stake in M&T Bank by 232.1% in the 2nd quarter. Marshall Wace LLP now owns 676,745 shares of the financial services provider’s stock worth $102,432,000 after buying an additional 472,997 shares in the last quarter. Los Angeles Capital Management LLC lifted its holdings in shares of M&T Bank by 77.0% in the second quarter. Los Angeles Capital Management LLC now owns 733,304 shares of the financial services provider’s stock worth $110,993,000 after buying an additional 319,051 shares in the last quarter. Canoe Financial LP boosted its position in shares of M&T Bank by 29.4% during the third quarter. Canoe Financial LP now owns 588,302 shares of the financial services provider’s stock worth $103,200,000 after acquiring an additional 133,748 shares during the last quarter. International Assets Investment Management LLC grew its stake in M&T Bank by 17,784.1% during the third quarter. International Assets Investment Management LLC now owns 110,166 shares of the financial services provider’s stock valued at $19,623,000 after acquiring an additional 109,550 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of M&T Bank by 6.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,613,174 shares of the financial services provider’s stock valued at $244,129,000 after purchasing an additional 93,113 shares during the last quarter. Hedge funds and other institutional investors own 84.68% of the company’s stock. Insider Buying and Selling at M&T Bank In other news, Director Denis J. Salamone sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $172.03, for a total transaction of $1,720,300.00. Following the sale, the director now owns 44,902 shares in the company, valued at approximately $7,724,491.06. The trade was a 18.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, EVP Michael J. Todaro sold 4,786 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $214.10, for a total transaction of $1,024,682.60. Following the completion of the transaction, the executive vice president now directly owns 2,787 shares of the company’s stock, valued at $596,696.70. The trade was a 63.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 70,383 shares of company stock worth $13,576,801 over the last quarter. Insiders own 0.82% of the company’s stock. M&T Bank Trading Up 2.1 % M&T Bank ( NYSE:MTB – Get Free Report ) last posted its earnings results on Thursday, October 17th. The financial services provider reported $4.08 EPS for the quarter, beating analysts’ consensus estimates of $3.60 by $0.48. M&T Bank had a net margin of 17.82% and a return on equity of 9.52%. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.30 billion. Analysts expect that M&T Bank Co. will post 14.56 earnings per share for the current fiscal year. M&T Bank Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 2nd will be paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Monday, December 2nd. M&T Bank’s dividend payout ratio (DPR) is currently 39.97%. Analysts Set New Price Targets MTB has been the subject of several research analyst reports. Wells Fargo & Company raised their price target on M&T Bank from $190.00 to $205.00 and gave the company an “underweight” rating in a report on Friday, November 15th. The Goldman Sachs Group increased their price target on shares of M&T Bank from $190.00 to $216.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Barclays boosted their price objective on M&T Bank from $170.00 to $228.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. Royal Bank of Canada increased their price target on M&T Bank from $190.00 to $208.00 and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Bank of America raised their target price on shares of M&T Bank from $188.00 to $218.00 and gave the stock a “buy” rating in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $199.65. Get Our Latest Stock Report on M&T Bank M&T Bank Profile ( Free Report ) M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. Read More Receive News & Ratings for M&T Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&T Bank and related companies with MarketBeat.com's FREE daily email newsletter .The government of Israel has ordered an official boycott of an Israeli newspaper Haaretz , accusing it of supporting "enemies of the state” and of “incitement against the state of Israel”. Enemies of the state On Nov. 24, the office of Israel’s Communications Minister, Sholmo Karhi, posted on social media that the Israeli government would stop funding Haaretz . Screenshot via X The Guardian reported that this would mean that the newspaper would no longer receive government advertising, nor would any government officials or persons working for government-funded bodies interact with it. The post said that the government of Israel would not allow “a reality in which the publisher of an official newspaper” in Israel could “call for the imposition of sanctions against (the state of Israel)” and supporting “the enemies of the state in the midst of a war”. The post defended the move, claiming that Israel "advocate(s) a free press and freedom of expression" saying the government had the "freedom" to "not fund incitement against" itself. Haaretz is a notably left-wing newspaper, in contrast to Israel's current, decidedly right-wing government, and is Israel’s oldest newspaper, having been set up in 1919. It has long been critical of Prime Minister Benjamin Netanyahu, not just in the present moment, but in most of his previous stints as PM. It has been especially critical of the current iteration of his government, and that sentiment has been maintained through the attacks by Hamas on Oct. 7. Shocken reaction This latest reaction against the newspaper is ostensibly a reaction against comments made by the Haaretz publisher Amos Schocken. Schocken recently spoke at a conference in London, and is quoted by his own paper as saying “[The Israeli government] dismisses the costs of both sides for defending the settlements while fighting the Palestinian freedom fighters, that Israel calls terrorists.” Haaretz , reporting on the boycott of itself, said that the Israeli government’s explanation was that the boycott was a reaction to Haaretz’s editorials, and to Shocken’s remarks in specific. Shocken’s remarks, particularly the part that appeared to say “terrorists” were “freedom fighters”, were met with “widespread public outcry", according to Haaretz . That outcry included an opinion article and editorial in Haaretz itself, which rejected the notion that Hamas fighters were freedom fighters. The outcry forced the publisher to clarify that he was referring to the situation in the West Bank, which is controlled by the Palestinian Authority. As to the situation in Gaza, which is controlled by Hamas, he said “As for Hamas, they are not freedom fighters, as their ideology essentially states ‘It’s all ours, others should leave’. Legitimate, but disliked, efforts The situation reflects the complicated and fractured nature of Israeli politics at the moment. At the same time as being united about some topics, for example the Haaretz editorial said that the “planners and perpetrators of the Oct. 7, 2023 massacre must be severely punished”, there are also many points of disagreement. In the same editorial, Haaretz describes efforts, particularly by the Palestinian Authority, to encourage an international economic boycott of Israel as "legitimate", “even if many Israelis dislike them”. The replies to Karhi’s tweet highlight the divide, with some responses praising the move. Screenshot via X Still, many others accuse the government of authoritarianism, as well as complaining about the government’s failure to recover the remaining hostages held by Hamas in Gaza, taken over a year ago on Oct. 7. Screenshot via X Screenshot via X Haaretz understandably reacted unfavourably to the news, condemning the decision as an "opportunist resolution”. Such moves are usually presented to the Israeli cabinet with a legal opinion supplied by the Attorney General, but this was not done in this case, and was passed by the cabinet without “any legal review”. The paper compared the Netanyahu government with that of other leaders it considered similarly autocratic, such as Russia’s Vladimir Putin, and Hungary’s Viktor Orban. Haaretz said Israel’s government was attempting to similarly silence a “critical, independent newspaper”, but it would not “baulk and will not morph into a government pamphlet", only publishing messages approved by the government. Related story Top image via Shlomo Karhi/Facebook & Haaretz/Facebook