Asana ( NYSE:ASAN – Get Free Report ) had its price target boosted by investment analysts at DA Davidson from $13.00 to $20.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s price target would suggest a potential downside of 9.87% from the company’s previous close. DA Davidson also issued estimates for Asana’s Q4 2025 earnings at ($0.26) EPS. Several other brokerages have also weighed in on ASAN. Scotiabank started coverage on Asana in a report on Monday, November 18th. They issued a “sector perform” rating and a $15.00 price objective for the company. Robert W. Baird upped their price target on shares of Asana from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Friday. UBS Group cut their price objective on shares of Asana from $17.00 to $13.00 and set a “neutral” rating for the company in a report on Wednesday, September 4th. Oppenheimer increased their target price on Asana from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Citigroup reduced their price target on Asana from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Wednesday, September 4th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Asana presently has a consensus rating of “Hold” and an average target price of $16.53. Read Our Latest Stock Report on Asana Asana Stock Up 43.5 % Insider Buying and Selling In other news, insider Eleanor B. Lacey sold 4,977 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $11.79, for a total transaction of $58,678.83. Following the completion of the transaction, the insider now directly owns 370,333 shares of the company’s stock, valued at approximately $4,366,226.07. This represents a 1.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, COO Anne Raimondi sold 29,807 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $11.99, for a total value of $357,385.93. Following the transaction, the chief operating officer now directly owns 761,088 shares of the company’s stock, valued at $9,125,445.12. The trade was a 3.77 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 44,092 shares of company stock worth $527,668 in the last ninety days. 63.97% of the stock is owned by insiders. Hedge Funds Weigh In On Asana A number of institutional investors have recently bought and sold shares of ASAN. Geode Capital Management LLC increased its stake in shares of Asana by 0.7% during the third quarter. Geode Capital Management LLC now owns 1,863,703 shares of the company’s stock valued at $21,605,000 after purchasing an additional 12,055 shares in the last quarter. Point72 Asset Management L.P. bought a new position in Asana during the 2nd quarter valued at approximately $17,100,000. Cubist Systematic Strategies LLC purchased a new position in Asana during the second quarter valued at $5,169,000. Holocene Advisors LP boosted its holdings in Asana by 62.2% in the third quarter. Holocene Advisors LP now owns 305,167 shares of the company’s stock worth $3,537,000 after acquiring an additional 116,998 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Asana in the second quarter worth $3,159,000. 26.21% of the stock is owned by institutional investors. Asana Company Profile ( Get Free Report ) Asana, Inc, together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insights. See Also Five stocks we like better than Asana How Technical Indicators Can Help You Find Oversold Stocks Fast-Growing Companies That Are Still Undervalued What Are Dividend Contenders? Investing in Dividend Contenders Top Cybersecurity Stock Picks for 2025 Stock Dividend Cuts Happen Are You Ready? Archer or Joby: Which Aviation Company Might Rise Fastest? Receive News & Ratings for Asana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asana and related companies with MarketBeat.com's FREE daily email newsletter .Sunday, December 29, 2024 As Colorado’s ski season reaches its busiest period, a significant snowstorm looms, promising thrilling ski conditions but causing widespread travel chaos. With New Year’s celebrations drawing thousands to the state’s premier ski resorts, this weather event underscores the challenges for drivers navigating Colorado’s mountainous terrain. Treacherous travel disruption is anticipated across key routes, including the heavily trafficked I-70 corridor, as snow and high winds complicate journeys. The snowstorm is forecast to bring waves of snow across Colorado’s mountainous regions from Friday night through early next week. While these weather patterns are typical for the area, this particular storm is compounded by extreme wind conditions that will amplify travel hazards. Interstate 70, especially the 113-mile stretch between Georgetown and Glenwood Springs, will be a hotspot for deteriorating road conditions, reduced visibility, and blowing snow. The storm’s initial wave is expected to bring light snow to the mountains starting Friday night. Despite minor accumulations, the accompanying winds, reaching up to 70 miles per hour, will create significant challenges for drivers. Blowing snow is likely to reduce visibility drastically, making even brief trips potentially hazardous. Conditions are expected to improve slightly after 1 a.m. Saturday morning, providing a short window of relative calm before snow picks up again later in the day. Travelers are advised to avoid unnecessary trips during this period and monitor weather updates closely. For the latest travel news, travel updates and travel deals, airline news, cruise news, technology updates, travel alerts, weather reports, insider’ insights, exclusive interviews, subscribe now to the daily TTW newsletter . The snow will intensify Saturday afternoon, creating treacherous travel conditions that extend into the evening and overnight hours. Winds, although slightly calmer than Friday night, will still reach speeds of 60 miles per hour. Actively falling snow combined with blowing snow will make for difficult navigation, particularly on mountain passes and high-elevation routes. Travelers heading to ski resorts are encouraged to: Sunday morning and early afternoon will bring a temporary lull in snowfall, offering a much-needed break for travelers and snowplow crews alike. However, this calm will be short-lived. By Sunday evening, the storm’s heaviest snowfall is expected to move in, continuing into Monday morning. This final wave will likely bring substantial accumulations to ski resorts and further complicate road conditions. Colorado’s ski resorts are gearing up for a surge in visitors during this peak holiday period. The snowstorm, while disruptive for travel, is a boon for skiing enthusiasts eager for fresh powder. Resorts across the state have issued their own advisories, urging guests to plan their journeys carefully and take advantage of shuttle services to minimize road traffic. Top Tips for Skiers: For the latest travel news, travel updates and travel deals, airline news, cruise news, technology updates, travel alerts, weather reports, insider’ insights, exclusive interviews, subscribe now to the daily TTW newsletter . The Colorado Department of Transportation (CDOT) is working around the clock to keep major routes clear. Plow crews are prioritizing high-traffic areas like I-70 but caution that conditions can change rapidly. Drivers should be prepared for: As this snowstorm unfolds, it serves as a reminder of the dual nature of Colorado’s winter wonderland: a paradise for outdoor enthusiasts and a challenge for those navigating its rugged terrain. The travel industry is encouraging visitors to embrace the beauty of the season while respecting its dangers. Whether you’re heading to the slopes or simply enjoying the holiday season in Colorado’s stunning mountain towns, preparation and vigilance will be your best allies. Stay tuned to weather forecasts and road condition updates to make the most of this winter adventure—safely. Read Travel Industry News in 104 different regional platforms Get our daily dose of news, by subscribing to our newsletters. Subscribe here . Watch Travel And Tour World Interviews here . 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MELBOURNE, Australia (AP) — Australia’s House of Representatives on Wednesday passed a bill that would ban children younger than 16 years old from social media , leaving it to the Senate to finalize the world-first law. The major parties backed the bill that would make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent young children from holding accounts. The legislation was passed with 102 votes in favor to 13 against. If the bill becomes law this week, the platforms would have one year to work out how to implement the age restrictions before the penalties are enforced. Opposition lawmaker Dan Tehan told Parliament the government had agreed to accept amendments in the Senate that would bolster privacy protections. Platforms would not be allowed to compel users to provide government-issued identity documents including passports or driver’s licenses. The platforms also could not demand digital identification through a government system. “Will it be perfect? No. But is any law perfect? No, it’s not. But if it helps, even if it helps in just the smallest of ways, it will make a huge difference to people’s lives,” Tehan told Parliament. Communications Minister Michelle Rowland said the Senate would debate the bill later Wednesday. The major parties’ support all but guarantees the legislation will be passed by the Senate where no party holds a majority of seats. Lawmakers who were not aligned with either the government or the opposition were most critical of the legislation during debate on Tuesday and Wednesday. Criticisms include that the legislation had been rushed through Parliament without adequate scrutiny, would not work, would create privacy risks for users of all ages and would take away parents’ authority to decide what’s best for their children. Critics also argue the ban would isolate children, deprive them of positive aspects of social media, drive children to the dark web, make children too young for social media reluctant to report harms they encountered and take away incentives for platforms to make online spaces safer. Independent lawmaker Zoe Daniel said the legislation would “make zero difference to the harms that are inherent to social media.” “The true object of this legislation is not to make social media safe by design, but to make parents and voters feel like the government is doing something about it,” Daniel told Parliament. “There is a reason why the government parades this legislation as world-leading, that’s because no other country wants to do it,” she added. T he platforms had asked for the vote on legislation to be delayed until at least June next year when a government-commissioned evaluation of age assurance technologies made its report on how the ban could been enforced. Rod Mcguirk, The Associated Press
Luxembourg - 11 December 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial 1 contract for a subsea tieback development in the US Gulf of Mexico. Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. Project management and engineering work will start immediately at Subsea7's office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President of Subsea7 Gulf of Mexico, said, " We are proud to be part of this high-pressure deepwater subsea tieback development. This project builds on our strong track record of successfully delivering oil and gas projects in the deepwater Gulf of Mexico .” Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry's partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************* Contact for investment community enquiries: Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 [email protected] Contact for media enquiries: Ashley Shearer Communications Manager Tel +1-713-300-6792 [email protected] Forward-Looking Statements: This document may contain 'forward-looking statements' (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as 'anticipate', 'believe', 'estimate', 'expect', 'future', 'goal', 'intend', 'likely' 'may', 'plan', 'project', 'seek', 'should', 'strategy' 'will', and similar expressions. The principal risks which could affect future operations of the Group are described in the 'Risk Management' section of the Group's Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 11 December 2024 at 23:25 CET. Attachment SUBC Gulf of Mexico Dec 2024
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It’s rare that I find myself agreeing with Mayor Adams. As a co-chair of the City Council’s Progressive Caucus , I’ve been a vocal critic of his education cuts, his anti-immigrant rhetoric, and his frequent mismanagement of city agencies. I’ve also stood with more than 40 elected officials in calling for his resignation following his indictment on bribery, campaign finance violations, and corruption charges. But good policy deserves recognition. The City of Yes for Housing Opportunity zoning reforms passed last week, alongside the Council’s City For All plan negotiated by our fearless Council Speaker Adrienne Adams, are exactly the kind of bold measures we need to tackle New York City’s affordability crisis. Last week, the City Council approved a historic housing package that will create 82,000 new units, which is more housing than the city has built in the last 20 years combined. This is absolutely critical to addressing our housing shortage. The meager 1.4% housing vacancy rate has caused rents to skyrocket and resulted in the displacement of far too many New Yorkers. For more than half a century, efforts to update our outdated zoning codes have failed. The 1961 regulations have remained the stubborn status quo and stymied equitable growth across the five boroughs. But last week, a coalition of Democrats from across the ideological spectrum came together to break the deadlock and ensure that all corners of our city will contribute to housing production. Despite our many differences, we share one critical goal: ensuring that New Yorkers can afford to stay in the city they call home. Importantly, the Council didn’t just focus on increasing housing stock, we also ensured these new units are genuinely affordable. From the onset, I joined Speaker Adams and Housing and Buildings Chair Pierina Sanchez in demanding deeper affordability and comprehensive solutions. We worked tirelessly to ensure that 20% of new units in developments with at least 10,000 square feet of Universal Affordability Preference floor area will be priced at 40% of the Area Median Income. This will make these units accessible to low- and middle-income New Yorkers. In addition, the $5 billion investment secured through our City for All housing plan addresses the most pressing needs of homeowners, renters, and those experiencing homelessness. This includes massive capital improvements for NYCHA developments and Mitchell-Lama buildings. There will also be long overdue upgrades in our aging infrastructure, including the sewers, streets, and open spaces; and the allocation of resources for CityFHEPS rental assistance, which will help homeless New Yorkers move into permanent housing. Simply adding new units isn’t enough to restore the strength of our neighborhoods or help those who need it most. These victories have united the Progressive Caucus, with 17 out of 18 members voting in favor of the package — a near unthinkable when the mayor first announced his proposal in 2022. I am particularly proud of how this effort reflects lessons from my own district. Brooklyn’s District 39, which once struggled to add affordable housing, now ranks 10th out of 51 Council Districts in affordable housing production. Much of this progress stems from the Gowanus Rezoning, which will bring 8,500 new units — 3,000 of them affordable — alongside $450 million in infrastructure investments, including $200 million in NYCHA capital improvements and funds to address chronic sewage and flooding issues. By bringing together local stakeholders, we ensured that the rezoning fostered a more economically diverse neighborhood and addressed years of infrastructure neglect. The success of this project serves as a blueprint for the broader zoning overhaul approved last week. While I don’t expect to regularly align with the mayor — especially as he cozies up to Donald Trump and flirts with returning to the Republican Party — good policy is good policy. It’s a reminder that the City Council’s role in providing oversight and delivering for our constituents is essential. New Yorkers are most concerned with the pocketbook issues that determine whether they can afford to stay in this city. With the passage of this housing package, we are rising to the occasion, providing a much-needed, timely solution to the affordability crisis. There’s still much more work to do. We must enforce strict affordability standards on developers, collaborate with our state partners to advance a social housing development authority, preserve our existing affordable housing stock, and ensure that the Rent Guidelines Board doesn’t raise rents for rent-stabilized tenants. As someone who ran for City Council as a pro-housing candidate, I am committed to continuing the fight to ensure that New York City remains affordable for working-class residents. Hanif is a Council member from Brooklyn.
Emboldened by the view from the top of the NFC North, the Detroit Lions are out to eliminate nightmare holiday gatherings when the Chicago Bears come to town Thursday for a lunchtime division duel. The Lions (10-1) are streaking one direction, the Bears (4-7) the other in the first matchup of the season between teams on opposite ends of the division. Riding a nine-game winning streak, their longest since a 10-game streak during their first season in Detroit in 1934, the Lions are burdened by losses in their traditional Thanksgiving Day game the past seven seasons. Three of the defeats are courtesy of Chicago. The Bears and Lions get together for the 20th time on Thanksgiving -- the Bears have 11 wins -- this week in the first of two meetings between the teams in a 25-day span. Detroit goes to Soldier Field on Dec. 22. "I think there's two things," Campbell said of the Thanksgiving losing streak. "Number one -- Get a W. And it's a division win that's why this huge. Number two is because the players are going to get a couple of days off. So, they have family, friends in, it'd be nice to feel good about it when you're with everybody because it's just not real fun. It's not real fun to be around." Detroit (10-1) owns the best record in the NFC but the Lions aren't even assured of a division title. Minnesota sits one game behind them and Green Bay is two games back. The Bears (4-7) sit in last place and would likely need to run the table to have any chance of making the playoffs. The Lions have been dominant in all phases and haven't allowed a touchdown in the past 10 consecutive quarters. Detroit's offense ranks first in points per game (32.7) and second in total yardage (394.3) The Lions defense has not given up a touchdown in the last 10 quarters. Rookie placekicker Jake Bates has made all 16 of his field goal attempts, including four from 50-plus yards over the past three games. Chicago shows up in a foul mood. The Bears are saddled with a five-game losing streak and Chicago's defense has been destroyed for nearly 2,000 total yards in the last four games. The Bears failed to reach the 20-point mark four times in five outings since they last won a game. In their latest defeat, rookie quarterback Caleb Williams and the offense perked up but they lost to Minnesota in overtime, 30-27. "We have to play complementary football for us to be able to win these games," coach Matt Eberflus said. "The games we have won, we have done that. The games we have been close we've missed the mark a little bit. Over the course of the year, it's been one side or the other, this side or that side. In this league you have to be good on all sides to win. That's what we are searching for." Williams threw for 340 yards and two touchdowns without an interception. The wide receiver trio of DJ Moore, Keenan Allen and Romeo Odunze combined for 21 receptions and two touchdowns while tight end Cole Kmet caught seven passes. "What I've been impressed with is just how he has grown," Campbell said. "He has grown every game but these last two I really feel like he's taken off and what they're doing with him has been really good for him and he just looks very composed. He doesn't get frazzled, plays pretty fast, and he's an accurate passer, big arm, and he's got some guys that can get open for him." Detroit's banged-up secondary could be susceptible against the Bears' veteran receivers in their bid to pull off an upset on Thursday. The Lions put two defensive backs on injured reserve in the past week and top cornerback Carlton Davis isn't expected to play due to knee and thumb injuries. Detroit offensive tackle Taylor Decker (knee) and top returner Kalif Raymond (foot) are also expected to miss the game, though Campbell expressed optimism that running back David Montgomery (shoulder), formerly of the Bears, would play. Bears safety Elijah Hicks was listed as a DNP for Tuesday's walkthrough. --Field Level Media
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The rise of online learning has completely changed the way aspiring developers learn how to code and improve their skills. YouTube , as one of the largest free educational content providers, offers an ocean of resources tailored to developers of all levels. Whether you are just getting started or looking to sharpen advanced skills, these YouTube channels provide insightful tutorials, project ideas, and tips to guide your programming journey. Tech with Tim is focused on Python, game development, and programming challenges and provides interesting content for beginners and intermediate developers. With his relatable teaching style and beginner-friendly tutorials, Tim makes coding less intimidating. This nonprofit's YouTube channel offers hours-long tutorials covering topics like Python, JavaScript, machine learning, and even blockchain. Known for its structured content, FreeCodeCamp.org provides complete courses that mimic formal training but at no cost. Whether you're interested in backend development or data science, this channel is a must-watch. The Net Ninja breaks down complicated concepts into bite-sized video pieces. His channel covers a wide range of subjects, from JavaScript frameworks like Vue and Angular to modern CSS techniques and even backend technologies. The playlists are well organized, making it easy for viewers to follow entire courses. If you want deeper explanations by an experienced programmer, the channel that might best fit you is Programming with Mosh. His channels have tutorials in programming from the beginning to even more complex levels, featuring topics like Python, JavaScript , React, and SQL. He offers detailed explanations combined with actual experience illustrations to help the learner find his foundation. Academind is a channel run by Maximilian Schwarzmuller, which focuses on detailed tutorials on web and app development . The channel covers technologies like React, Angular, and Vue.js, as well as backend frameworks like Node.js. The focus on building scalable applications makes it particularly appealing to aspiring developers aiming for professional roles. One of the biggest Indian coding channels, CodeWithHarry, offers tutorials on all topics, from Python and JavaScript to advanced topics like Django and Flask. He is a favorite among developers for his beginner-friendly approach and relatable explanations. Apna College, which targets students and freshmen, provides programming tutorials focusing on competitive programming, data structures, and algorithms. The channel also covers tips for cracking coding interviews at top tech companies. For aspiring competitive programmers, Love Babbar is a go-to channel. He focuses on data structures, algorithms, and interview preparation, helping viewers land jobs at top tech companies like Google and Amazon. A professional instructor, Hitesh Choudhary's channel conducts tutorials in web development, app development, and backend technologies. His step-by-step project-based tutorials and career guidance are particularly helpful for beginners. The channel helps learners understand how the software industry works through concepts of programming, designing systems, and interview practice. Due to the practical case studies featured, the channel is beneficial to both students and professionals. Learning to code has never been more accessible, thanks to the incredible array of YouTube channels available to aspiring developers. These channels cater to diverse interests, whether you're into web development, machine learning, or game design. Start with beginner-friendly tutorials and gradually move to advanced topics as you gain confidence. Most importantly, stay consistent, apply your learning to real projects, and engage with these vibrant communities to boost your journey to becoming a successful developer.Turkish Foreign Minister Hakan Fidan stressed here on Sunday the need to prevent terrorist organisations from exploiting the situation in Syria for their agendas. Speaking at a press conference during the Doha Forum 2024 in Qatar, Fidan expressed Turkey’s commitment to supporting the Syrian people, pledging to help address the challenges ahead. When asked about the whereabouts of Syrian President Bashar al-Assad, he responded, ‘Probably out of Syria,’ Xinhua news agency reported. Recent developments in Syria, Fidan noted, have been closely reviewed and monitored in collaboration with key Arab nations, including Qatar, Egypt, and Saudi Arabia, as well as the United States, in a concerted effort to promote regional stability. “The new administration must be established in an orderly manner,” Fidan stressed, urging international and regional actors to help ensure a smooth transition in Syria. Fidan’s remarks came as Syrian rebel forces took the capital Damascus and declared the collapse of Assad’s government earlier on Sunday.The acquisition of a Virginia Beach software development company is fueling its growth as a health care technology leader that can leverage artificial intelligence to help transform patient care. DOMA Technologies in Virginia Beach joined forces with Livanta, a Baltimore-area health care tech company, as part of their acquisition earlier this year by Pleasant Land, a Washington, D.C.-based private equity firm. Pleasant Land merged the businesses to create a leading high tech provider of health care quality oversight and clinical assessment services. Financial terms of the acquisition and merger were not disclosed. DOMA founder and CEO Pat Feliciano is staying on as chief executive of the combined company headquartered in Virginia Beach. The organizations collectively have 750 full-time employees, including 250 from DOMA. “We anticipate additional growth here and across our locations going forward,” Feliciano said. “We have additional opportunities here on our current site to continue to expand as needed to support future growth.” DOMA, founded by Feliciano in 2000, is finishing a facility buildout for its previously announced expansion of its London Bridge Road headquarters and anticipates its completion by mid-2025. The company name remains under consideration for a rebranding. As a contractor, DOMA has developed federal health care platforms to ultimately improve patient care and has provided medical record solutions to hospital systems. The merger enables the companies to leverage their artificial intelligence and machine learning-enabled digital technologies to unlock new efficiencies in health care delivery, particularly in quality oversight and developing insights into vast amounts of unstructured health data, Feliciano said. Throughout the past 24 years, and especially within the past several years, the company has been on a strong growth path, seeking opportunities to apply its technology expertise. DOMA recently expanded in Baltimore, Maryland, and Las Vegas, Nevada. “In the year ahead, we anticipate growing our team by a couple hundred members, potentially reaching a total of about 1,000 employees across the organization by the end of 2025,” Feliciano said. “This partnership not only amplifies our ability to deliver value to customers and patients but also opens up meaningful career growth opportunities for our team members.” Committed to advancing quality improvement in public health, DOMA is now positioned to serve more than 32 million Medicare beneficiaries and over 3 million veterans. “As a unified entity, we are now one of the largest quality improvement organizations in federal health care,” Feliciano said. Sandra J. Pennecke, 757-652-5836, sandra.pennecke@pilotonline.com
Walmart has became the latest major corporation to ditch its diversity, equity and inclusion initiatives. That comes as welcome news for Americans who are sick and tired of woke nonsense. The move came after conservative activist Robby Starbuck threatened to call a pre-Black Friday boycott to highlight the world’s largest retailer’s “woke” policies. Starbuck, who has over 700,000 followers on social media platform X alone, has made it his mission to get companies to end . He recounted in a Monday post that Walmart representatives actually reached out to him when they learned he was investigating the Bentonville, Arkansas-based company. “We were able to have frank conversations with Walmart, and as I’ve said for a long time I don’t ask companies to take on my political views. I am simply advocating for corporate neutrality,” Starbuck said. “I am not OK with left-wing policies being forced on me and people like me via things like DEI.” His goal is to “change corporate America and get them back to a policy of sanity and neutrality,” he explained. MASSIVE news: Walmart is ending their woke policies. I can now exclusively tell you what’s changing and how it happened. Last week I told execs at that I was doing a story on wokeness there. Instead we had productive conversations to find solutions. Below are the... — Robby Starbuck (@robbystarbuck) Bloomberg noted Starbuck’s apparent role in Monday’s announcement by . Walmart has decided to no longer participate in the pro-LGBTQ Human Rights Campaign’s Corporate Equality Index. The retailer said it will not carry inappropriate sexual and transgender products marketed toward children. Walmart will discontinue its racial equity training and stop funding its Racial Equity Center, which it established in 2020 in response to the George Floyd protests. Further, the corporation will no longer evaluate its suppliers based on certain demographic criteria. Bloomberg reported that Walmart has an ethnically diverse workforce, with people of color making up over half of its 1.6 million employees in the U.S. Starbuck said that other companies that have pulled back on DEI include: Tractor Supply, , Polaris, Indian Motorcycle, Lowe’s, , Coors, Stanley Black & Decker, Jack Daniels, DeWalt tools, Craftsman, Caterpillar, Boeing, and Toyota. Walmart told its decision to reverse course on DEI policies had been in the works for months, but perhaps attention from Starbuck nudged it along. The news outlet pointed out that corporations have been looking at the U.S. Supreme Court decision in June 2023 finding affirmative action in college admissions is unconstitutional and realizing they may be next to face similar legal challenges to their DEI policies. reported, “A Walmart spokesperson said some of its policy changes have been in progress for a while. For example, it has been moving away from using the word DEI in job titles and communications and started to use the word ‘belonging.'” The demise of wokeness cannot come soon enough. It’s reassuring that companies like Walmart are seeing the light, too. We are committed to truth and accuracy in all of our journalism. Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. .