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Malaysian director Ho Yuhang (“Sanctuary”) and producer Lorna Tee (“Viet and Nam”) are presenting their crime thriller project “The Silent Village” (Aman/Damai) at the inaugural JAFF Market in Yogyakarta (Jogja), bringing a politically charged narrative inspired by one of Indonesia’s most notorious criminal cases. Ho and Tee previously worked together on “Mrs K.” The film follows a homicide detective investigating a murder in a tranquil village, where the discovery of a female body in a sugarcane field leads to connections with an unsolved human trafficking case from five years earlier. Set against the backdrop of mounting political pressure during an election season, the story draws parallels between local authority figures and historical patterns of power abuse in Southeast Asia. “If the peaceful village where the shaman lived and killed is a mirror of the nation, the story has naturally found a piercing metaphor at its core,” says Ho, referring to the 1997 case that inspired the project, where an Indonesian shaman was convicted of multiple murders over a decade-long period. The project, developed under Malaysia’s Paperheart banner, brings in Indonesian screenwriter Prima Rusdi (“Yuni”) to collaborate on the script. “We aim to look into the situation in Southeast Asia, outside of the urban centres, where leaders who are meant to protect and provide for the community, are often doing the opposite,” says Tee, addressing the film’s thematic focus. The producers acknowledge the current challenges of the Indonesian market, noting the need to differentiate their project in a landscape dominated by horror and comedy genres. They are actively seeking Indonesian co-producers, investors, and artistic collaborators during the market. “The Indonesian perspective and input is vital to secure at this early stage of development,” Tee adds, underscoring their commitment to authentic storytelling within the Indonesian context. The JAFF Market runs Dec. 3-5 alongside the Jogja-Netpac Asian Film Festival . “The Silent Village” is at the market’s Future Project platform.Ilhan Omar blasts Harris-Walz campaign for courting Liz Cheney: 'Huge misstep'Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It's a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It's all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person's response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn't happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It's not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn't respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I'm hoping it's slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.” ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content. Jonel Aleccia, The Associated Press
Which way? Mike Tomlin's Steelers teams often go on late-season runs — good and bad( MENAFN - GlobeNewsWire - Nasdaq) MINNEAPOLIS, Dec. 21, 2024 (GLOBE NEWSWIRE) -- Sun Country airlines (NASDAQ: SNCY ) debuted its first custom-designed aircraft livery in celebration of Minnesota Golden Gopher Athletics. Sun Country was named the Official Airline of Gopher Athletics in 2023. In addition, Sun Country has provided charter service for the university's sports teams since 2012 and has flown nearly 500 charters during the past 12 years. "Sun Country is proud to debut this aircraft design that illustrates our hometown pride and longstanding partnership between two iconic Minnesota organizations,” said Grant Whitney, Senior Vice President and Chief Revenue Officer. "We look forward to continuing our multi-year partnership with Gopher Athletics and will root for them for years to come." “This is a tremendous extension between two proud Minnesota brands,” said Minnesota Senior Associate Athletic Director Mike Wierzbicki.“We take great pride in our relationship with Sun Country. They have been a tremendous partner, and we are excited for Minnesota fans and college sports fans to see the Minnesota Block M and Maroon and Gold flying all over the country.” This livery is the first custom aircraft design in Sun Country's fleet of 43 passenger planes. Among one of the first flights with the Maroon and Gold paint, the aircraft is scheduled to take the Gopher football team to the Duke's Mayo Bowl in Charlotte, N.C., on Monday, December 30. “Customers and Gopher fans will see this aircraft, which is tail number 809, on many routes throughout our network,” Whitney added.“Our history with Gopher Athletics presented a great opportunity for us to finally create a custom livery that our hometown will be excited about.” Gopher Sports Properties, the locally based team of Learfield – the media and technology company powering college athletics – is the exclusive multimedia rights holder for Gopher Athletics and oversees all sponsorship agreements on behalf of the athletic department. Read more about our partnership with Minnesota Gopher Athletics here . About Sun Country Sun Country Airlines is a new breed of hybrid low-cost air carrier, whose mission is to connect guests to their favorite people and places, to create lifelong memories and transformative experiences. Sun Country dynamically deploys shared resources across our synergistic scheduled service, charter, and cargo businesses. Based in Minnesota, we focus on serving leisure and visiting friends and relatives (“VFR”) passengers and charter customers and providing cargo service to Amazon, with flights throughout the United States and to destinations in Mexico, Central America, Canada, and the Caribbean. For photos, b-roll and additional company information, visit About Gopher Athletics The University of Minnesota sponsors 22 varsity intercollegiate athletic teams and is represented by more than 625 student-athletes who compete in the Big Ten and the Western Collegiate Hockey Association. Minnesota has claimed 29 national championships in eight different sports and has won 216 regular-season conference titles and 42 conference tournament championships. Minnesota has also produced 213 Academic All-Americans, which ranks as the tenth most all-time among college and universities. Media Contact: ... A photo accompanying this announcement is available at MENAFN21122024004107003653ID1109020088 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.
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The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global recreational boats market size is estimated to grow by USD 6.28 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.97% during the forecast period. Increasing customer engagement in recreational boating activities is driving market growth, with a trend towards growing population of high-net-worth individuals. However, high total cost of ownership for recreational boats poses a challenge.Key market players include A. H. Wadia Boat Builders, Azimut Benetti SpA, Baja Marine , Bavaria Yachtbau GmbH, Brunswick Corp., Christensen Shipyards LLC, Damen Shipyards Group, Feadship Holland BV, Grady White Boats Inc., Great American Marine, Groupe Beneteau, Halevai Power, Jettec Jet Boats Ltd., Malibu Boats Inc., Marine Products Corp., MasterCraft Boat Holdings Inc., Nobiskrug Yachts GmbH, Shandong Heavy Industry Group Co. Ltd., and Yamaha Motor Co. Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The Recreational Boats Market is experiencing in demand due to pent-up demand and increasing confidence levels among consumers. Travel restrictions are easing, leading to an uptick in boat sales. Boat options cater to various preferences and budgets, including pontoons, cruises, water sports boats, and personal watercraft. Used boat sales are also on the rise due to cost savings. Boat manufacturers and dealerships are focusing on larger cruises, local tourism, recreational fishing, and sustainable development. Emission norms are a key consideration, with boat engine manufacturers addressing Nitrogen Oxide, hydrocarbons, and particulate matter. Untapped markets and online boat sales are also driving growth. Cost savings and e-commerce giants are impacting production schedules and trade barriers, including import duties and luxury goods. The yacht segment and leisure boating continue to be popular, with luxury features, outboards, speed, and cost-effectiveness driving demand. Safety considerations and emission regulations are important, as are water bodies, tourist hotspots, and overall tourism. Sustainable development, economy, and production schedules are industry dynamics shaping the recreational industry. Leisure activities, tourism activities, personal ships, watercraft sales, rental services, river cruises, and small and large cruises are all part of the market landscape. Battery prices and environmental impact are also key considerations. Organizations are focusing on navigable waters, water sports demand, international tourists, and tourism operators. Sailboats, motorboats, yachts, fishing boats, and cruising boats come in various sizes and engine types, including electric drives and diesel engines. Sports fishing and transportation are also popular uses for recreational boats. The recreational boats market caters primarily to high-net-worth individuals (HNWIs), who represent a small fraction of the global population but hold significant wealth. According to the World Bank, HNWIs make up less than 1% of the world's population, yet they control over 40% of its total wealth. This demographic has a growing affinity for leisure activities, including recreational boating. Initially concentrated in the Western world, HNWIs are now found in various regions globally. The expanding population of HNWIs drives demand for luxury boats, thereby fueling market growth. Leisure boating has emerged as a popular recreational activity among this demographic, contributing to the market's expansion. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Recreational Boats Market is experiencing in demand due to pent-up demand and increasing confidence levels among consumers. However, travel restrictions and various boat options with different preferences, budgets, and emission norms pose challenges. Boat manufacturers and dealerships are offering a range of boats, from pontoons and cruises to water sports boats and personal watercraft. Used boat sales are also gaining popularity due to cost savings. The yacht segment and luxury features in larger cruises continue to attract luxury goods buyers. Leisure boating and cruising are on the rise, with cost-effectiveness, maintenance costs, versatility, and functionality being key considerations. Safety considerations and emission regulations are crucial factors, with boat engine manufacturers focusing on reducing Nitrogen Oxide, hydrocarbons, and particulate matter. Untapped markets and online boat sales are emerging trends, with e-commerce giants entering the scene. Trade barriers, import duties, and local tourism are influencing the industry dynamics. Recreational fishing, river cruises, and small and large cruises cater to local tourists and international tourists, respectively. Navigable waters, tourist hotspots, and overall tourism are driving the recreational industry, with sustainable development and economy playing a significant role in production schedules. Water sports and boating activities are popular leisure activities, with battery prices and organizational efforts impacting the market. Environmental impact and water sports demand are crucial considerations, with tourism operators and local authorities collaborating to ensure safety and regulations. Sailboats, motorboats, yachts, fishing boats, and cruising boats cater to various boat size, engine type, and electric drive preferences. The recreational boat market has seen a significant increase in average retail prices since 2006, with an approximate annual growth rate of 5%. This trend has led to higher costs for boat buyers, affecting both the initial investment and ongoing expenses. Some of the additional costs include slip rental, insurance, maintenance, cleaning, and a state boating license. Considering these expenses, the total cost of owning a recreational boat is substantial. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This recreational boats market report extensively covers market segmentation by 1.1 Sailboats 1.2 Personal watercrafts (PWC) 1.3 Inflatables 2.1 Outboards 2.2 Inboard 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Sailboats- The recreational boats market is experiencing growth due to the rise in recreational tourism and increasing sailing activities. Europe , specifically, is a significant region for yachts, with popular destinations like Greece , Spain , France , and Italy attracting thousands of tourists, particularly high-net-worth individuals (HNWIs), for business events and meetings. The global tourism industry's growth, with Southeast Asia leading the way, is fueling the demand for sailboats. Countries such as China and India contribute significantly to this trend, spending more on foreign tourism than domestic. Sailing races, including the America's Cup and Asian Sailing Championships, further boost market growth. Parasailing, a popular water sport, adds to the market's expansion in various coastal areas. China , particularly Hangzhou , is emerging as a leader in water sports, increasing tourism and recreational activities. These factors collectively drive the growth of the sailboats segment in the global recreational boats market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The Recreational Boats Market is experiencing in demand due to pent-up travel desires and increasing confidence levels as restrictions ease. Boat options cater to various preferences, budgets, and water bodies, including pontoons, sailboats, and motorboats. Tourist hotspots and overall tourism industry dynamics continue to influence market growth. Sustainable development and environmental impact are key considerations, with organizations advocating for eco-friendly practices and technologies. Economy plays a significant role in production schedules and consumer purchasing power. Battery prices and water sports demand are also factors shaping the market. International tourists and tourism operators are major consumers, with navigable waters offering diverse opportunities for leisure activities. Industry dynamics remain influenced by trends, regulations, and technological advancements. Market Research Overview The Recreational Boats Market is experiencing in demand due to pent-up demand and rising confidence levels as travel restrictions ease. Boat options cater to various preferences and budgets, including pontoons, cruises, water sports boats, and personal watercraft. Used boat sales are also on the rise due to cost savings. Larger cruises and luxury yacht segment are gaining popularity in overall tourism, particularly in tourist hotspots. However, emission norms are a significant consideration, with boat engine manufacturers focusing on reducing Nitrogen Oxide, hydrocarbons, and particulate matter. Untapped markets, online boat sales, and e-commerce giants are disrupting traditional boat manufacturers and dealerships. Industry dynamics are influenced by production schedules, sustainability, and economic factors. Leisure activities, including boating and fishing, are essential components of the recreational industry. Navigable waters, such as rivers and lakes, offer diverse opportunities for recreational boating, water sports, and tourism activities. Safety considerations, emission regulations, and maintenance costs are essential factors for consumers. Water bodies and local authorities collaborate with tourism businesses to promote sustainable development and economic growth. Overall, the recreational boating market is a significant contributor to the economy and offers versatility, functionality, and cost-effectiveness for various leisure activities. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Sailboats Personal Watercrafts (PWC) Inflatables Product Type Outboards Inboard Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
External Affairs Minister S Jaishankar declared on Saturday that India will not allow others to influence its decisions, emphasizing the importance of national interest and global good. Speaking via video at a Mumbai function, Jaishankar highlighted India's deep-rooted cultural impact on the global stage. Jaishankar urged the balance of technology and tradition, believing this synergy supports India's ascent as a major power. Following the conferral of the 27th SIES Sri Chandrasekarendra Saraswati National Eminence Award, the minister celebrated the award's focus on spiritualism and community leadership. Echoing the need for self-awareness, Jaishankar commended democratic advancements and tasked the new generation to cherish India's heritage. He recognized the eradication of longstanding issues like poverty and asserted India's role as a force for the global south. (With inputs from agencies.)
NoneNEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.In a bid to bolster its operational capabilities, the Indian Navy formally inducted the sixth Missile – Cum – Ammunition (MCA) Barge , LSAM 12 (Yard 80), during a ceremony held at the Naval Dockyard in Mumbai on Saturday. The event was presided over by Commodore Abhirup Majumdar, Command Refit Officer, Western Naval Command Headquarters. According to a statement by the Navy , the contract for the construction of eight MCA Barges was awarded to SECON Engineering Projects Pvt. Ltd., an MSME shipyard in Visakhapatnam, earlier this year in February. The barges were indigenously designed in collaboration with an Indian ship design firm and successfully model-tested for seaworthiness at the Naval Science and Technological Laboratory, Visakhapatnam. Built in compliance with Indian Register of Shipping (IRS) standards, these barges reflect the Navy ’s commitment to the “Make in India” and “Aatmanirbhar Bharat” initiatives. The induction of LSAM 12 and its sister barges will significantly enhance the Navy ’s logistical and operational capabilities by facilitating the transportation, embarkation, and disembarkation of ammunition and other supplies to naval platforms, both alongside jetties and in outer harbors. Advertisement Advertisement