Dockery's 27 lead Howard past UNC Wilmington 88-83As Christmas approaches, it’s time to think of enlightening books for the businesspeople on your gift-giving list. The timeless books highlighted here, with their lessons on tempering bold risks with caution and staying close to the customer, have become more relevant since their initial publication. This is a rip-roaring story with insights on human ingenuity, fatal arrogance, and corporate cupidity on each of its succinct 193 pages. Its two heroes are Chesley “Sully” Sullenberger, who safely landed his crippled Airbus A320 on the Hudson River in 2009, and Bernard Ziegler, the engineering czar at Airbus SE who made Sully’s miracle possible. Ziegler convinced Airbus to adopt his invention of “fly-by wire,” a revolutionary automatic flight-control system that has helped the world’s more than 300,000 airline pilots save thousands of lives. Airbus introduced fly-by-wire in 1983; it has since been adopted by Boeing and other aircraft makers. Ziegler, a former French Air Force fighter pilot who saw action in the Algerian war, knew that wise pilots acknowledge their fallibility. But others, stricken by hubris, recommit to a mistake rather than admit error and correct it. In telling the author his motive for making a plane as goof-proof as possible, Ziegler cites a widely applicable adage: “To err is human, but to persist is diabolical.” This award-winning book tells the story of marketer Dave Nichol’s role in building Loblaw Cos. from a sleepy Ontario supermarket chain into one of the world’s biggest grocery retailers. That transformation, starting in the early 1980s, was largely accomplished with the triumph of Nichol’s private label “President’s Choice” goods over pricier and sometimes inferior national brands, available exclusively at Loblaws and its sister chains No Frills, Fortinos, Provigo and others. Nichol constantly refreshed the line of PC products with new and often improbable items like Memories of Szechwan Peanut Sauce and gourmet Italian dog food, obliging Loblaw patrons to visit frequently for the next talked-about PC products. These were showcased in Nichol’s chatty and widely read “Insider’s Report” flyer. Kingston also opens windows to the often-secretive worlds of new-product development and the strategies by which food purveyors try to change consumer tastes. Nichol’s Loblaws was a precursor to personality driven enterprises led by Elon Musk and his ilk, where the chief product is the ethos created by the marketer. This acclaimed memoir tells two important stories, of IBM’s bet-the-company investment in the mainframe computers that would become ubiquitous at public and private institutions worldwide in the mid-20th century; and the difficult relationship between the author and his larger-than-life namesake father, founder of the modern IBM, whose punch-card tabulating machines had about 90 per cent of the U.S. market. Yet it was Watson Jr., CEO from 1956 to 1971, whose IBM would succeed where others failed in embracing a disruptive technology at the expense of a lucrative existing business destined for obsolesce. Watson Jr. succeeded with a “family” of progressively more powerful yet compatible mainframes, dubbed System/360, by which customers could easily trade up as their needs grew. The book offers a winsome model of visionary action that is disciplined by careful risk calculation. It also tells of the fights between father and son that the author describes as “savage, primal, and unstoppable.” The story is relevant in a contemporary Canadian economy where family feuds over succession have jeopardized some of the country’s largest enterprises. Meet the young men, some almost frightfully immature, who helped launch the Information Age in which we now live. This comprehensive history might also be the most entertaining saga of how computing devices became everyday appliances. The revolution started with the desktop PCs that scruffy tech entrepreneurs like Bill Gates and Steve Jobs kept tweaking until they became more powerful than the room-sized mainframe computers that had ruled computing since the 1960s. The book is an immersive experience in which the reader is a first-hand witness to the fierce debates among inventors over their competing operating systems and hardware designs. At times the geeks collaborated, at others they sabotaged each other, all the while outfoxing IBM and the other tech giants of their day. There’s a lesson here on the speed and daring of innovation in a wide-open field. Eventually the boys’ fledgling enterprises became today’s Microsoft, Apple and Oracle, bureaucratic near-monopolies with limited innovative prowess, just like the earlier giants they supplanted. Happy holidays, and happy reading!
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Lotus Technology Inc. ( NASDAQ:LOT – Get Free Report )’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $3.91, but opened at $3.80. Lotus Technology shares last traded at $3.95, with a volume of 7,463 shares traded. Lotus Technology Stock Up 3.2 % The company has a quick ratio of 0.46, a current ratio of 0.61 and a debt-to-equity ratio of 7.93. The company has a market capitalization of $2.82 billion, a PE ratio of -2.67 and a beta of 0.10. The company’s 50 day moving average is $4.13 and its two-hundred day moving average is $5.20. Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in Lotus Technology during the third quarter valued at approximately $32,000. State Street Corp bought a new position in shares of Lotus Technology during the 3rd quarter valued at approximately $58,000. Finally, Tidal Investments LLC purchased a new position in shares of Lotus Technology in the third quarter valued at $402,000. Hedge funds and other institutional investors own 63.40% of the company’s stock. Lotus Technology Company Profile Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China. Featured Articles Receive News & Ratings for Lotus Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lotus Technology and related companies with MarketBeat.com's FREE daily email newsletter .
The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . UNCASVILLE, Conn. (AP) — Jackie Johnson III led Fordham with 29 points and Joshua Rivera hit the game-winning 3-pointer with eight seconds left as the Rams knocked off Bryant 86-84 on Saturday. Johnson added four steals for the Rams (7-5). Rivera scored 17 points and added five rebounds. Japhet Medor shot 5 for 12 (0 for 3 from 3-point range) and 7 of 8 from the free-throw line to finish with 17 points. The Bulldogs (6-7) were led in scoring by Kvonn Cramer, who finished with 23 points. Bryant also got 21 points, 10 rebounds, eight assists and two steals from Earl Timberlake. Barry Evans had 10 points, nine rebounds and two steals. Medor scored 12 second-half points for Fordham. Up next for Fordham is a matchup Saturday with Albany (NY) at home. Bryant visits Towson on Sunday. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .'Backdoor Way To Control Access To Internet...': Elon Musk Slams Australia's Social Media Ban For Teens Under 16
DOGE Is a Promising Step Toward Federal Efficiency: Fareed ZakariaAP News Summary at 6:46 p.m. EST
( MENAFN - Nam News Network) DAMASCUS, Dec 29 (NNN-SANA) – Military forces of Syria's interim administration, began deploying attack helicopters against what it described as“remnants of the former regime,” in the country's coastal regions, local media channels reported. The helicopters take off from Istamo Airfield in rural Latakia, targeting armed elements still active in the coastal countryside, media channels cited a statement by the administration, which did not elaborate on the number of helicopters in use or the scope of the operation. The deployment came, as part of a series of security initiatives nationwide, aimed at consolidating the new leadership's authority. Also yesterday, Syria's newly-appointed intelligence chief, Anas Khattab, pledged in an official statement, to restructure the country's security apparatus“in a manner befitting our people's sacrifices and long heritage.” All existing security branches in Syria will be dissolved and reorganised, Khattab said, without outlining a timeline or providing specific details for the overhaul. Khattab's announcement came, as Syria navigates a sensitive political transition, following the downfall of the previous government on Dec 8. A military coalition, led by Hayat Tahrir al-Sham, waged a major military operation from northern Syria on Nov 27. It swept southwards, captured the capital Damascus, and overthrew former Syrian President, Bashar al-Assad's government, within 12 days.– NNN-SANA MENAFN28122024000200011047ID1109038196 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Elon Musk has shared a baseless conspiracy theory about comedian Ellen DeGeneres ’s decision to move to the United Kingdom with her wife . The billionaire , who is set to head Donald Trump ’s newly-created Department of Government Efficiency , shared a post on Thursday suggesting DeGeneres left the US “after the election” due to her past affiliation with Sean ‘ Diddy ’ Combs. A resurfaced 2016 X, then-Twitter, post from DeGeneres sparked baseless theories on the platform. “’Happy birthday, P Diddy, Puff Daddy, Sean Combs, or as I call him, Cuddle McSnugglestuff,” DeGeneres’s post read. “You don’t need to know why. @iamdiddy.” A user shared a screenshot of her post, commenting: “It makes sense why she fled the country after the election.” Musk then re-shared it, adding the eyebrow-raised emoji. Combs was arrested in September on sex trafficking and racketeering charges . Federal prosecutors allege that Combs and his associates threatened, abused and coerced women and others around him “to fulfill his sexual desires” – which allegedly included forcing victims into engaging in recorded sexual activity which he referred to as “Freak Offs.” Musk’s post comes after reports that DeGeneres and her wife Portia de Rossi moved to the United Kingdom. While rumors have spread that the duo left due to Trump’s electoral victory, the couple actually purchased the Cotswolds house in October – well before Election Day. An unnamed source with knowledge of their move told The Daily Mail this week that DeGeneres and Rossi planned to move leave before the election — but are glad to be getting away in the wake of Trump’s victory. “As things panned out with Trump winning, she is glad she is making the move and going to be away from the US,” the source said. The Independent has contacted DeGeneres’s representative for comment. The billionaire’s post about DeGeneres came after a tiff with Amazon CEO Jeff Bezos on X. “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Musk posted early Thursday morning. Bezos was quick to reply : “Nope. 100% not true.” “Well, then, I stand corrected,” Musk responded, along with a laughing emoji. Musk isn’t the first in Trump’s orbit to spread baseless claims about Combs. Donald Trump Jr . previously peddled an unfounded conspiracy theory suggesting that Combs was arrested so celebrities who were affiliated with him would endorse his father’s opponent, Kamala Harris . “We’re seeing unprecedented amounts of pay-for-play again,” Trump Jr. said earlier this month. “Again, none of this is organic. It’s a paid influencer operation. Know that. The celebrities who aren’t getting paid are getting probably paid in another way because they’re either on an Epstein list or a Diddy party list or both.” Trump Jr. presented no concrete evidence to support this claim or to tie any celebrities to Combs. Further, many of the celebrities who endorsed Harris were signaling support for Biden and Democratic candidates long before Combs was arrested.