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ANAHEIM, Calif. (AP) — Anaheim Ducks forward Trevor Zegras will be out for six weeks after undergoing surgery to repair a torn meniscus in his right knee. Zegras had surgery Thursday, the team announced. Zegras was injured last week on a fairly innocent-looking play during the Ducks' 4-1 loss to Vegas in Anaheim. Zegras and William Karlsson only briefly got their skates and stick blades entangled, but Zegras needed help to get off the ice after taking a fall. Zegras' torn meniscus is his third major injury in just over a year, although a torn meniscus is likely a fortunate outcome for a knee injury that could have been much worse. He was limited to 31 games last season by two injury setbacks, including a broken ankle that required surgery. Zegras has four goals and six assists in 24 games this season for Anaheim, which had lost four straight heading into its road game against Toronto on Thursday night. The Ducks surprisingly activated forward Robby Fabbri from injured reserve before they faced the Maple Leafs. Fabbri had arthroscopic knee surgery on Nov. 15 and is progressing much faster than his initial predicted timeline of six to eight weeks. AP NHL: https://apnews.com/NHL
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Wall Street's rally stalls as Nasdaq pulls back from its recordDucks forward Trevor Zegras has surgery on torn knee meniscus, will be out for 6 weeksAmpliTech Group Announces Closing of $1.4 Million Registered Direct Offering
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here . > 24/7 San Diego news stream: Watch NBC 7 free wherever you are Markets in the red U.S. markets retreated on Thursday as investors assessed hotter-than-expected wholesale inflation numbers. Asia-Pacific benchmarks followed Wall Street downward on Friday. China's CSI 300 slumped 2.33%, leading losses in the region , amid Chinese officials reemphasizing plans to support the still-flagging Chinese economy. U.S. producer prices still hot U.S. producer prices rose 0.4% in November, higher than the Dow Jones consensus estimate of 0.2%. On an annual basis, PPI advanced 3%, the most since the 12 months ended February 2023. The hotter-than-anticipated increase in producer prices comes after headline consumer prices rose at a sharper annual rate in November compared with the prior month. Inflation in India cools India's headline inflation rate came in at 5.48% in November, lower than the 5.53% expected by a Reuters poll and the 6.21% in October. The reading follows a disappointing quarter of economic growth for India and a new central bank governor , raising hopes that the Reserve Bank of India might cut rates at its next meeting in February. ECB cuts rates On Thursday, the European Central Bank lowered its key interest rate to 3%, reducing it by an expected 25 basis points. The bank also lowered its forecast for euro zone economic growth in 2024 to 0.7% from a prior forecast of 0.8%, and growth in 2025 to 1.1% from 1.3%. [PRO] Tom Lee makes his 2025 predictions Fundstrat's Tom Lee has a history of correct calls. Not only did he nail this year's rally, he also saw the S&P 500 rebounding in 2020 after the pandemic-caused crash earlier that year. Lee lays out his predictions for the stock market — and bitcoin — for 2025. Money Report UK economy shrinks unexpectedly by 0.1% in October China signals readiness to mend ties with U.S. ahead of Trump inauguration The U.S. producer price index, which measures the increase in wholesale prices, came in higher than expected on Thursday. A day earlier, the U.S. consumer price index showed annual inflation in November ticked up from the previous month. Those numbers might have been a tad uncomfortable to handle, and the markets didn't want to take inflation hot to go. The yield on the 10-year Treasury note — which affects longer-term rates such as mortgages and corporate loans — jumped to 4.334%. Major indexes also fell. The S&P 500 lost 0.54% and the Dow Jones Industrial Average dropped 0.53%, its sixth consecutive day in the red. The Nasdaq Composite dipped below the 20,000 level after retreating 0.66%, weighed down by losses in tech stocks. Adobe shares slumped 13.7%, their steepest drop in more than two years, after the company gave disappointing guidance for its fiscal first-quarter revenue. That said, the Nasdaq might find some reprieve the next day. Broadcom shares popped 14% in extended trading after releasing its earnings, which showed the chipmaker increasing its artificial intelligence revenue by 220% for the year. Even prior to announcing its better-than-expected earnings, Broadcom had been earning praises from analysts. "Broadcom was previously considered a value stock, but it could now be seen as a growth stock. However, it appeals to both, thanks to its continued dividend payments and growth," Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, said in a note to clients. Indeed, the company's stock has surged 66.5% year to date — a figure that puts Broadcom in the league of the Magnificent Seven companies: Shares of Amazon are up 52.7% and that of Apple have risen 33.6% for the year. It's important, then, to keep stocks' sterling performance this year in mind even as investors wonder what it'll take to get inflation numbers below the U.S. Federal Reserve's target of 2%. — CNBC's Pia Singh, Sean Conlon and Lisa Hakyung Kim contributed to this report. Also on CNBC Inflation’s hot, but so are markets this year Alphabet and Tesla power Nasdaq to record highs Nasdaq climbs past 20,000, powered by megacap tech gains
MANCHESTER CITY’S crisis deepened as they surrendered a three-goal lead late in the game to draw 3-3 against Feyenoord in the Champions League. Pep Guardiola’s side at least avoided the indignity of a sixth successive defeat in all competitions but alarm bells continue to ring at the Etihad Stadium after a dramatic late capitulation. A double from Erling Haaland — the first from the penalty spot — and a deflected effort from Ilkay Gundogan, all in the space of nine minutes either side of the break, looked to have ensured a return to winning ways. Yet Guardiola was left with his head in hands as Feyenoord roared back in the last 15 minutes with goals from Anis Hadj Moussa, Sergio Gimenez and David Hancko, two of them after Josko Gvardiol’s errors. City almost snatched a late winner when Jack Grealish hit the woodwork but there was no masking another dispiriting result. It was hardly the preparation City wanted for Sunday’s crunch trip to Liverpool, and the Feyenoord fans took great delight in rubbing that fact in. They sung the club anthem they share with Liverpool, You’ll Never Walk Alone, and chanted the name of their former manager Arne Slot, the current Reds boss. Guardiola arrived at the ground with a cut on the bridge of his nose and, once again, his side have been struck a nasty blow. Despite not being at their best, they had dominated early on against what seemed limited Dutch opposition. They threatened when a Gundogan shot was deflected wide and Haaland then went close to opening the scoring when he turned a header onto the post. Feyenoord goalkeeper Timon Wellenreuther gifted City another chance when he passed straight to Bernardo Silva but Grealish’s fierce volley struck team-mate Phil Foden. Foden forced a save from Wellenreuther but City had a moment of alarm when Igor Paixao got behind the defence only to shoot tamely at Ederson. Nathan Ake missed the target with a header but some luck finally went City’s way just before the break when Quinten Timber, brother of Arsenal’s Jurrien, was harshly adjudged to have fouled Haaland. The Norwegian rammed home the resulting spot-kick and City returned re-energised for the second period. They won a corner when a Matheus Nunes shot was turned behind and Gundogan fired the hosts’ second — albeit with aid of a deflection — with a firm volley from the edge of the box. City turned up the heat and claimed their third soon after as Gundogan released Nunes with a long ball and his low cross was turned into the net by a sliding Haaland. It seemed City were heading for a morale-lifting victory but a couple of Gvardiol errors changed the script. The Croatian, who had a torrid time in Saturday’s 4-0 thrashing by Tottenham, first horribly misplaced a backpass and allowed Moussa to nip in and round Ederson. Ordinarily, that 75th-minute reply would have been a mere consolation and City would close out the game, but Gvardiol had another moment to forget eight minutes from time. Again he gave the ball away and Feyenoord pounced. The ball was lofted into the box and Jordan Lotomba fired a shot that glanced the post and deflected across goal, where Gimenez chested in. Ederson then blundered as he raced out of his area and was beaten by Paixao, who crossed for Hancko to head into an empty net. Amid some moments of unrest in the crowd, when objects were thrown, City tried to rally in stoppage time. Grealish had an effort deflected onto the bar but the hosts had to settle for a draw.NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global sinter plant market size is estimated to grow by USD 1.3 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 10.08% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The Material Handling, Mixing, and Granulation (MHMG) segment of the global sinter plant market is experiencing significant growth due to the decreasing availability of high-grade iron ore and the increasing focus on energy efficiency in blast furnaces. To produce high-quality sinter from low-grade iron ore fines, advanced sinter plants with improved oxygen-removal rates are necessary. This can be achieved by upgrading MHMG systems that enhance the quality of the mixture of iron ore fines, coking coal, and flux fines. Vendors in the global sinter plant market provide solutions that eliminate the need for mixing raw materials at the stockyard by installing proportioning bins that directly pour raw material above the conveyor. India , China , and African countries are investing in new sinter plants or upgrading existing ones to expand capacity or comply with stringent environmental regulations. In India , the steel industry is expanding to meet the rising demand for steel to support infrastructure projects. In China , modernization of steel plants is underway due to stringent environmental regulations. These factors are driving the growth of the MHMG segment in the global sinter plant market. Analyst Review The Sinter Plant Market encompasses various sintering systems, including MHMG System, SCS System, WGR System, and SINTER Machine, which transform metal powder into solid steel components through the sintering process. This process involves heating and compacting the powder to a temperature below the melting point, resulting in materials with improved mechanical qualities such as strength and accuracy. Sintered products find extensive applications in diverse sectors like consumer goods, aerospace, automotive, and more. The market comprises nonflux/acid sinters, self-fluxing sinters, and superflux sinters, catering to the specific requirements of different industries. Steel components made through sintering technology are known for their affordability and high-performance characteristics. The market includes stainless steel, carbon steel, alloy steel, and tool steel, among others. Material science plays a crucial role in enhancing the properties of these materials, making them suitable for applications in sectors like brake systems, lightweighting, and electric vehicles. Powder Metallurgy and Additive Manufacturing (AM) are the key technologies driving innovation in the sinter plant market, enabling the production of complex geometries and high-performance materials. The market continues to evolve, offering solutions that cater to the evolving needs of various industries. Market Overview The Sinter Plants Market encompasses various systems such as MHMG, SCS, WGR, and the SINTER Machine, which are integral to the sintering process in the metallurgical industry. This process transforms steel components from powder form into dense, cohesive structures, suitable for use in consumer goods, aerospace, and other industries. The market snapshot includes nonflux/acid sinters, self-fluxing sinters, and superflux sinters, with stainless steel being a significant segment. The sintering process involves high temperatures and melting points, resulting in materials with superior mechanical qualities. The market caters to various industries, including automotive, manufacturing, and electrical, among others. Sintered steel companies utilize raw materials like iron, steel, tin, nickel, copper, molybdenum, and aluminum to produce high-performance materials and lightweight materials for engines, transmissions, and other applications. The market is driven by rising industrialization, changing requirements, and laws and regulations. Powder metallurgy, additive manufacturing, and conventional manufacturing techniques are shaping the industry, with advancements in materials, such as alloys and complex shape capabilities, leading to increased demand. The transportation and electrical industries are significant consumers, with a focus on lightweighting, durability, and dimensional correctness. Market segments include carbon steel, alloy steel, tool steel, and specialized components for industries like automotive, aerospace, and construction. The market is influenced by factors like environmental concerns, material limitations, manufacturing efficiency, and time-to-market. Sintering technology continues to evolve, with advancements in surface polish, porosity, density, and magnetic properties. In summary, the Sinter Plants Market is a dynamic and evolving sector, driven by advancements in materials, manufacturing techniques, and industrial growth. It caters to various industries, including automotive, aerospace, manufacturing, and electrical, with a focus on high-performance materials, lightweight materials, and customized parts. The market is influenced by factors like environmental concerns, manufacturing efficiency, and changing requirements, with advancements in sintering technology continuing to shape the industry. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor 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: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/sinter-plant-market-to-grow-by-usd-1-3-billion-from-2023-2028--report-on-ais-impact-on-market-trends---technavio-302328794.html SOURCE Technavio
Workday Announces Fiscal 2025 Third Quarter Financial Results
Women more likely to need walking aids but less likely to use them – studyOTTAWA — As Canada looks to beef up its border security after president-elect Donald Trump threatened tariffs while raising concerns about illicit fentanyl pouring into his country, border officials pointed out there's barely any coming from Canada. Though, none of them wanted to say the name Trump when they said so. “Canada is not a significant source of fentanyl in the United States," said Aaron McCrorie, vice-president of intelligence and enforcement at the Canada Border Services Agency. He made the comment to a House of Commons committee studying the impact of president-elect Donald Trump's plans for border security and migration. McCrorie said border officials seized 4.9 kg of fentanyl in the first three quarters of the year, with the biggest amount being 4.1 kg bound for the Netherlands. The other seizures were all small, personal amounts caught along the land border, and there are no statistics to suggest significant shipments out of Canada. CBSA President Erin O'Gorman also said the U.S. Drug Enforcement Administration has characterized the amount coming from Canada as "slippage" — small amounts sent over for personal use, mostly by post. Still, that doesn't trivialize the problem. Small package shipments are where CBSA is focusing its efforts, she said, which are hard to detect and can result in many lives lost. Trump has threatened 25 per cent tariffs against Canada and Mexico unless the two countries step up on border security to tamp down on flows of illicit fentanyl. During the presidential race, Trump also threatened to deport millions of undocumented people, stirring fears that could trigger an influx of migrants into Canada. When questioned by NDP MP Alistair MacGregor about what Canada could face if Trump follows through and if the country's immigration detention centres are up to the task, O'Gorman said her organization does not have projections or estimates of what that could look like. “We are prepared for a surge,” O'Gorman said. Ottawa is compiling new measures to bolster border security through more staff and equipment in the face of Trump's tariff threats. Prime Minister Justin Trudeau shared his border plan with the premiers during a Wednesday evening meeting, and Ottawa plans to add their suggestions into the soon-to-come package of measures. Several media outlets have reported that the tab for that could surpass $1 billion, citing confidential sources. RCMP Commissioner Michael Duheme said he was surprised to see that figure bandied about in headlines, but he's not clear whether Ottawa will actually put that much into beefing up the border. He would not share with reporters any of the specifics on his wish list -- or how much money he's asked for, saying the announcement is coming soon enough. "You heard the minister in the past saying drones, helicopters, and we want to modernize everything we have with technological equipment and additional human resources," he said outside the committee room. "We have drones right now that we use to patrol areas that are hard to get to and what not. We just want to modernize the equipment and go to the more advanced technology that they have so we can better secure the border." An RCMP official said the police force currently has more than 900 drones and nine helicopters located across the country, with six helicopters that occasionally provide border surveillance. Meantime, Alberta Premier Danielle Smith, when announcing Alberta's own new border security plan Thursday featuring a new patrol unit and drones, said the province doesn’t support retaliatory tariffs and prefers the diplomatic route. Saskatchewan Premier Scott Moe said he and other premiers support the need for stronger border security to deal with illegal migrants and street drugs. “There is broad support to increase the investment in border security on behalf of Canadians, not just because President-elect (Trump) has asked for it,” Moe said. According to the CBSA, there are 1,200 ports of entry across the country staffed by approximately 8,500 front-line employees. CBSA also employs over 200 criminal investigators and some 60 international officers at 40 missions in 35 countries abroad. "The CBSA strategically dedicates its resources to address the threats that Canada faces while supporting the flow of legitimate trade and travel across the border," said CBSA spokesperson Rebecca Purdy. In the past fiscal year, she said CBSA seized close to 51 million grams of illicit drugs, more than 27,000 banned weapons and almost 900 firearms. This report by The Canadian Press was first published Dec. 12, 2024. -- With files from Chris Purdy in Edmonton and Jeremy Simes in Regina. Kyle Duggan, The Canadian Press
I went to a that felt, at times, like a four-year sleepaway camp. After spending high school studying, not dating, and having no social life, college was a dream come true. During , I snagged a great roommate, several lifelong friends, and a boyfriend. When it came time to decide if I should study abroad, it was sophomore year, and I was still going strong with my roommate, friends, and boyfriend. I didn't want to leave them, so I decided not to . I'm big on accepting my past decisions, but this one, to decline the opportunity to study abroad, is one of my persisting regrets. I didn't study abroad for a few reasons When asked, I told people I "couldn't" go abroad and still graduate on time. I was a double major and trying to minor in classics. There were quite a few graduation requirements I'd yet to take, and I remember thinking it would be hard to get all my credits for general ed and my majors while abroad. I didn't want my to be spent scrambling to graduate. If I'm being honest with myself, though, I was scared. I wasn't good at learning languages, so I'd either have to go somewhere English-speaking or put forth a significant effort to gain mediocre language skills in order to navigate another country. I wasn't a very chill traveler, had only ever traveled with family, and liked my comfort foods and spaces. But my biggest fear was that I would miss out on a great social life I built. Socially, my life had never been better. I'd found a home at my school, had friends who were like family, and was . He told me he wasn't planning to go abroad either for similar reasons: He also had a competitive major and liked his life the way it was. I didn't want to miss a moment with those people. I regretted my decision the following year I was immensely lucky and privileged to be at college: A scholarship and my . I should've taken the opportunity given to me at that time, so it was short-sighted not to have the chance and study a culture other than my own. My junior year ended up being one of the most stressful times of my life. The boyfriend and I broke up and got back together — and then we had even more issues. Many of my friends were abroad either for one semester or the whole year, including my previous roommate. Her replacement for the and I were, to put it mildly, a bad fit. I never felt so alone as I did those first few months of junior year. I regretted not going abroad, but I was still nervous to do so because my on-and-off-again boyfriend was still on campus. Years later, I still imagine what my life would be like if I did study abroad Looking back 20 years later, I wish I'd just gone on my own little adventure. It would have been good for me to stretch my comfort zone at 20 when I was able to move more freely than I am now that I'm financially and physically responsible for myself and two kids. Because I married that , had two children, and then divorced in 2020, I often wonder if it was worth staying behind for him. I honestly think it was a , and my entire life would be different today if I'd taken the opportunity. While I'd like to think I learned from my junior year experiences, I think I could have gotten there faster with a little physical distance from the place and people I'd come to rely on for emotional regulation. The aired in the spring of my freshman year — when I was entrenched in these relationships. Rachel famously gets off the plane, doesn't go to Paris, and gives up her dream career. We were supposed to think her staying with her friends and baby-daddy/sometimes boyfriend was the peak of romance. Now, I wish that both Rachel and I had gotten on that plane and taken the chance on the unknown. Read the original article onA 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.