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top 646 Colts vs. Patriots: Indianapolis opens Week 13 as betting favorites | Sporting News

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Aaron Rodgers' future with the New York Jets is as cloudy as it has ever been before. That's what happens when the team sits at a dismal 3-8 record and has already fired the general manager and head coach that the quarterback seemingly saved when their jobs were up for debate after the 2023 season. Making matters even more interesting has been multiple reports from different media circles stating Rodgers' reluctance to return to the Jets following the 2024 season. Whether it be through retirement, or by release, it had appeared the four-time NFL MVP's time in New York was coming to a close. © Brad Penner-Imagn Images At last, that's what was originally thought. Speaking on the Pat McAfee show, Rodgers offered a completely different thought process compared to what had been previously reported. Not only did the 41-year-old suggest he could play next season, but that he would be more than happy to return to the Jets. "I've really enjoyed my time in New York," Rodgers said. "Obviously we haven't had the success we've all wanted to have, but I've made some great friendships on the team. I've enjoyed living in Jersey. I've enjoyed time in the city, I've enjoyed getting to know the fans, & I came here to win here, so I'm not jumping off ship." These reports started last week with The Athletic's Dianna Russini and Zack Rosenblatt detailing what exactly went wrong with the Jets this year. Rodgers and owner Woody Johnson were key names in the piece with their own share of blame for the struggles the team has gone for. But while Russini and Rosenblatt have plenty of sources to discuss the status of what could happen with New York's starting quarterback, Rodgers made it clear they didn't come specifically from his camp. "I don't talk to that person" Rodgers explained citing Russini's article specifically. "There's obviously people she talks with, but when it comes to me, my circle is really small. I'm not talking to people who are talking to people like that. At best it's a 3rd game of telephone with me." Related: Inside The Jets 'Big Lie' About Aaron Rodgers So here we are. A quarterback who wants you to believe exactly what he is saying compared to multiple national media pundits who have stated the Jets and Rodgers are heading for a split. Who exactly is to believe here? It's important to remember that while Russini and Rosenblatt reported first regarding the unlikelihood of Rodgers returning to the Jets, they were not the only ones either. For so many different reporters to detail similar stories to what The Athletic first wrote is a sign that there might be some truth to those initial reports. That doesn't mean Rodgers' is wrong either, though. New York will be under new management this offseason. If a new general manager doesn't want to deal with Rodgers, he could very well move on from him. And just because there's some frustration with the lack of stability going on around the organization doesn't mean he's ok with leaving the team after this year. At the end of the day, the truth of these reports won't be fully known until the completion of the 2024 season and the hiring of the key front office roles for the Jets. Related: Spiraling Jets Reveal Playing Time Plan For Aaron RodgersMSNBC on brink as ratings slump even further after Trump election win Follow DailyMail.com's politics live blog for all the latest news and updates By ALYSSA GUZMAN FOR DAILYMAIL.COM Published: 20:11, 27 November 2024 | Updated: 20:12, 27 November 2024 e-mail 27 View comments MSNBC has suffered a major slump in ratings after Donald Trump won the 2024 presidential election as conservative Fox News continues to gain viewers. The liberal news network saw its audience numbers sink 47 percent in November, as CNN saw a 33 percent drop. Competitor Fox News Channel was the only cable news network to see growth after Trump's win, holding 62 percent of total day audiences, according to the network , which cited Nielsen Media Research numbers. MSNBC only pulled in 644,000 primetime viewers, compared to its counterpart, which pulled in 3.2million. In the key age demographic of those aged 25 to 54, Fox saw a 147 percent increase, with 467,000 viewers between 8pm and 11pm. Fox boasted that 'more Independents and Democrats continue to tune in' its network, while the rivals continue to struggle. Since the election, Fox beat ABC, CBS, NBC, and MSNBC with more than 4million viewers, according to Nielsen. MSNBC is down 52 percent year-to-date in primetime audiences. CNN is also down 39 percent, while Fox saw a 73 percent boost. MSNBC has suffered a major slump in ratings after Donald Trump won the 2024 Presidential Election as conservative Fox continues to gain viewers. The liberal news network saw its audience numbers sink 47 percent in November Since the election Fox's primetime audience commands 3million viewers, while MSNBC picks up 644,000 and CNN has 453,000. MSNBC's Morning Joe show received backlash after its hosts Joe Scarborough and Mika Brzezinski visited Trump's Mar-a-Lago, despite spending years blasting the president-elect and his time in office. The View's Ana Navarro unleashed a blistering on-air tirade on the married hosts, calling their visit to Trump 'opportunistic.' Of the progressive pair, she asked whether the two had 'change[d] their stripes' because of 'who's in power.' The Morning Joe hosts revealed that they had traveled 'personally' to meet Trump on Friday, after openly criticizing him in the weeks, months, and years prior. The reason for the visit, they said, was to 'restart communications' with the Trump administration before the president-elect retakes office. The two also touted a 'new approach' to coverage surrounding Trump's second term, eliciting a fiery response from not only Navarro, but her co-host, Sunny Hostin. Both women said they disapproved of the visit, with Navarro leading the charge. Two major shows featuring anchors Joe Scarborough (left) and Rachel Maddow (right) have tanked in ratings following the election. Scarborough's show saw lower ratings after he visited Mar-a-Lago and Maddow saw a dip after she was called hysterical over a post-election rant Meanwhile, Fox's biggest moneymaker The Five is pulling in 4.4million viewers and the network saw a jump in audience number since the election The MSNBC hosts dismissed the criticism saying it just proves there is a 'massive disconnect' between 'social media and the real world.' 'Yesterday, I saw for the first time what a massive disconnect there was between social media and the real world because we were flooded with phone calls from people all day, literally around the world, all very positive, very supportive: "I understand what you did..."' Scarborough said on Tuesday. 'But once in a while I would get a text or call from someone going: "Oh, man, I hope you're doing okay." I would call them back... I'd go: "Are you on Twitter?" And he goes: "I am." I'd go: "Well I'm not so we've had a good day." 'All of us will do the best we can do and we're all working towards a better America.' In another blow to the network, Anchor Rachel Maddow was mocked for her hysterical monologue after Trump's win. The MSNBC star claimed that the voter turnout for the Republican president-elect was evidence Americans had 'let democracy go' and opted for, a 'strongman, authoritarian system.' Maddow, who's about to sign a new $125 million, five year deal, likened the outcome to those seen in countries such as North Korea, Russia and China as she urged Democrats not to become, 'despondent.' 'Now we can work on being fricking pirates. We can work on being a thorn in the side to anyone who tries to turn this country into some tin-pot tyranny. The View's Ana Navarro unleashed a blistering on-air tirade in response to Joe Scarborough and Mika Brzezinski's surprise visit to Mar-a-Lago However, she was instantly derided online with many viewers calling out her 'hyperbole.' The Wall Street Journal reported Comcast will release a swathe of its NBCUniversal cable TV networks, including MSNBC. Comcast's move to spin off its NBCUniversal networks would have been a staggering move years ago, with its fleet of channels previously among the company's most profitable assets. But the decision would see channels including MSNBC, USA, Oxygen, E!, and Golf Channel branched off onto a separate entity with a separate balance sheet. Comcast executives said that they will not spin off all channels, with Bravo, the Peacock streaming service and the NBC broadcast network remaining under the parent company. By shedding its expensive networks, Comcast is hedging its bets that it can expand its movie studio and theme park industries without being dragged down by the struggles of traditional television news. According to the WSJ's reporting, which broke the story, the new cable venture will have an 'ownership structure that mirrors Comcast's', but 'would likely need greater scale to thrive.' Fox boasted that 'more Independents and Democrats continue to tune in' its network, while the others continue to struggle ahead of Trump's second term Maddow is finalizing a five-year deal to stay on for $25million per year, which is less than her $30million previous contract, according to Puck News . Maddow only works once a week, and despite rating drops, is considered valuable to the network. The network's motivation to keep on their expensive anchor might be to encourage advertisers to invest in the spinoff company, according to Puck News. Meanwhile, Fox's biggest moneymaker The Five is pulling in 4.4million viewers, Jesse Watters Primetime has 3.9million, and The Ingraham Angle has 3.3million. Donald Trump Democrats CNN Share or comment on this article: MSNBC on brink as ratings slump even further after Trump election win e-mail Add comment

Analysis: Barkley is NFL's version of Ohtani

RENTON, Wash. — Man, it looked dirty. And the roles of villain and victim were quickly assigned. On Dec. 1, Jacksonville quarterback Trevor Lawrence slid just past Houston's 45-yard line in an attempt to give himself up, only to be drilled in the head by linebacker Azeez Al-Shaair. The play resulted in an ejection and three-game suspension for Al-Shaair, and a concussion for Lawrence that will likely end his season. It was exactly the kind of hit modern NFL rules are designed to prevent ... but is it possible the villain was mislabeled? There are often two types of reactions to controversial moments that go viral. The first is the immediate, instinctual response fueled by emotion. The second is the one following a deep breath and an appeal to reason. Al-Shaair, who, yes – has a history of personal fouls – prompted almost unanimous social-media scorn in the minutes and hours following that play. But people in the league – including Seahawks quarterback Geno Smith – acknowledged that these are split-second decisions defenders have to make. Their job is to take down the runner in the open field, and they don't know when or if the QB is going to take himself down. Said Geno: "I feel for both sides, man. As a quarterback, I understand that you're trying to protect yourself and the guy hits you and you're not expecting it. So, that's probably the most vulnerable you'll be when you're sliding, you're not expecting to get hit. But also as a defender, you're trying to get the guy to the ground. It's a split-second decision, like you said. A lot of guys play with a lot of aggression, so to dial that back would kind of take away from the player. I think it's a great conversation to be had, but ultimately you just don't want that type of stuff to happen." This is not to exonerate Al-Shaair, who issued an apology for the hit. It is rather meant to examine an issue more nuanced than it may seem. Chiefs quarterback Patrick Mahomes has faked a slide and faked going out of bounds, only to pick up extra yards in the process. He essentially took advantage of the fear defenders have of hitting a quarterback a quarter second too late and losing a chunk of their livelihood as a result. Remember, the NCAA outlawed such deception after Pitt quarterback Kenny Pickett faked a slide en route to a 59-yard touchdown run. But in the NFL, said trickery is still legal. Mentioning Mahomes by name, Cowboys linebacker Micah Parsons pointed this out earlier in the week and called for changes. Could the NFL penalize fake slides the way the NBA does flops? It might be hard to adjudicate, but it also might make it more fair for guys on the defensive side of the ball. "It's difficult being a defensive player in this league now. We've got all these different rules and how to land and how to hit and when to not hit and how to tackle. It's really difficult," Seahawks linebacker Uchenna Nwosu said. "I'm sure that player had no intentions of hurting Trevor. But, I think from a defensive player, I think quarterbacks have got to slide a little earlier. You can't wait until the last second to test the guy because he's going to go his hardest." Seahawks backup quarterback Sam Howell agreed that Lawrence might have slid a little too late on that play. He emphasized the need to slide early but considers this whole situation to be a "flaw in football right now." "When you look at it, it looks terrible, but in reality, it was kind of a late slide and he was going to hit him," said Howell of the Lawrence hit. "I mean, also you never want to get hit in the head. I don't know, it's an unfortunate play and it happens pretty often in the NFL." The bottom line is this: The NFL is a quarterback's league, and these rules are designed to protect what may be the most important position in team sports. If that means harsh penalties for a defensive player with no malicious intent, the league is going to accept that. But quarterbacks need to be smart about their slides, too, and faking them shouldn't be allowed. There was nothing good about that hit on Lawrence. Maybe something good will come out of it.LILONGWE-(MaraviPost)- President Lazarus Chakwera on Wednesday night, November 27, 2024 ordered Malawi Police Service (MPS) to arrest all individuals behind recent spate of political violence in some parts of the country. Chakwera told the law-enforcers to work professionally arguing that political violence has no place in a peaceful nation as Malawi. Addressing the nation from Kamuzu Palace in the capital Lilongwe, the Malawi leader also joined former heads of state in condemning political violence particularly recent police acts of halting demonstrations. “I want to join the three former Heads of State, Dr. Bakili Muluzi, Dr. Joyce Banda, and Professor Arthur Peter Mutharika in condemning some emerging incidents of political violence. “We have already seen a political party member murdered in Blantyre and demonstrators being intimidated in Lilongwe. These things will take our country nowhere, and I am calling on the Malawi Police Service to do its job of investigating every incident of political violence and bringing suspects to book. “Malawians are peace-loving people and those who use their freedom of political participation orright to demonstrate for violent ends must not be allowed to ruin our reputation as a beacon of democracy in Africa. God bless you for listening and God bless Malawi”, says Chakwera. 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SHANGHAI , Nov. 26, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") NOAH , a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the third quarter of 2024. THIRD QUARTER 2024 FINANCIAL HIGHLIGHTS N et revenue s for the third quarter of 2024 were RMB683.7 million ( US$97.4 million ), an 8.8% decrease from the corresponding period in 2023, primarily due to a 33.0% decrease in net revenues from mainland China , which was partially offset by a 28.9% increase in net revenues from overseas. Net revenues from mainland China for the third quarter of 2024 were RMB306.8 million ( US$43.7 million ), a 33.0% decrease from the corresponding period in 2023, primarily due to decreases of 89.9% in revenue from distribution of domestic insurance products and 17.3% in revenue from recurring service fees from RMB private equity products. Net revenues from overseas for the third quarter of 2024 were RMB376.9 million ( US$53.7 million ), a 28.9% increase from the corresponding period in 2023, primarily due to increases of 42.5% in revenue from offshore investment products and 42.4% in revenue from insurance products, which were partially offset by a 38.8% decrease in revenue from other services provided to offshore high-net-worth investors. Net Revenues by segment is as follows: (RMB millions, except percentages) Q3 2023 Q3 2024 YoY Change Wealth management 548.8 465.0 (15.3 %) Asset management 191.4 208.9 9.2 % Other businesses 9.8 9.8 (0.7 %) Total net revenues 750.0 683.7 (8.8 %) Net Revenues by geography is as follows: (RMB millions, except percentages) Q3 2023 Q3 2024 YoY Change Mainland China 457.7 306.8 (33.0 %) Overseas 292.3 376.9 28.9 % Total net revenues 750.0 683.7 (8.8 %) Income from operations for the third quarter of 2024 was RMB240.8 million ( US$34.3 million ), a 3.2% decrease from the corresponding period in 2023, mainly due to the 8.8% decrease in net revenues, which was partially offset by an 11.6% decrease in operating costs and expenses driven by various cost control measures. Income from operations increased by 79.7% sequentially for the third quarter of 2024, primarily due to an 11.0% increase in net revenues and an 8.1% decrease in operating costs and expenses. Income from operations by segment is as follows: (RMB millions, except percentages) Q3 2023 Q3 2024 YoY Change Wealth management 154.5 138.9 (10.1 %) Asset management 106.5 122.5 15.0 % Other businesses (12.1) (20.6) 70.5 % Total income from operations 248.9 240.8 (3.2 %) Net income attributable to Noah shareholders for the third quarter of 2024 was RMB134.4 million ( US$19.2 million ), a 42.4% decrease from the corresponding period in 2023, mainly due to (i) a 3.2% decrease in income from operations; (ii) approximately RMB43.6 million in unrealized USD-denominated foreign exchange losses; and (iii) a one-off 30.0% increase in income tax expenses associated with a dividend withholding tax for offshore dividend payments from PRC subsidiaries. Net income attributable to Noah shareholders increased by 34.7% sequentially in the third quarter of 2024, mainly due to a 79.7% increase in income from operations. Non-GAAP [1] net income attributable to Noah shareholders for the third quarter of 2024 was RMB150.5 million ( US$21.4 million ), a 35.2% decrease from the corresponding period in 2023 and a 41.9% increase from the second quarter of 2024. THIRD QUARTER 2024 OPERATIONAL UPDATES Wealth Management Business Noah offers global investment products and provides value-added services to global Mandarin-speaking high-net-worth investors in its wealth management business. Noah primarily distributes private equity, private secondary, mutual funds and other products denominated in RMB, USD and other currencies. Total number of registered clients as of September 30, 2024 , was 460,380, a 1.8% increase from September 30, 2023 , and a 0.3% increase from June 30, 2024 . Among registered clients as of September 30, 2024 , the number of overseas registered clients was 17,287, a 20.9% increase from September 30, 2023 , and a 3.0% increase from June 30, 2024 . Total number of active clients [2] for the third quarter of 2024 was 7,857, a decrease of 17.2% from the third quarter of 2023 and a 9.0% decrease from the second quarter of 2024. Among active clients during the third quarter of 2024, the number of overseas active clients was 3,139, a 37.4% increase from the third quarter of 2023, and a 3.2% decrease from the second quarter of 2024. A ggregate value of investment products distributed during the third quarter of 2024 was RMB14.3 billion ( US$2.0 billion ), a 36.1% decrease from the corresponding period in 2023, mainly due to a 42.1% decrease in distribution of mutual fund products. The aggregate value of investment products distributed decreased by 1.1% sequentially, mainly due to a decrease in distribution of private secondary products. Among the investment products distributed during the third quarter of 2024, Noah distributed RMB7.8 billion ( US$1.1 billion ) of overseas investment products, an 11.4% increase from the corresponding period of 2023, primarily due to a 76.7% increase in distribution of overseas mutual fund products. The aggregate value of investment products distributed, categorized by product type, is as follows: Three months ended September 30, 2023 2024 Product type (RMB in billions, except percentages) Mutual fund products 14.9 66.9 % 8.6 60.6 % Private secondary products 5.7 25.4 % 3.6 25.0 % Private equity products 0.7 3.1 % 1.1 7.5 % Other products [3] 1.0 4.6 % 1.0 6.9 % All products 22.3 100.0 % 14.3 100.0 % The aggregate value of investment products distributed, categorized by geography, is as follows : Type of products in mainland China Three months ended September 30, 2023 2024 (RMB in billions, except percentages) Mutual fund products 12.9 84.0 % 5.2 80.2 % Private secondary products 1.8 11.4 % 0.8 12.3 % Private equity products - 0.3 % - 0.0 % Other products 0.7 4.3 % 0.5 7.5 % All products in mainland China 15.4 100.0 % 6.5 100.0 % Type of overseas products Three months ended September 30, 2023 2024 (RMB in billions, except percentages) Mutual fund products 2.0 28.1 % 3.4 44.6 % Private secondary products 3.9 56.2 % 2.8 35.7 % Private equity products 0.7 10.8 % 1.1 13.7 % Other products 0.3 4.9 % 0.5 6.0 % All Overseas products 6.9 100.0 % 7.8 100.0 % Coverage network in mainland China included 13 cities as of September 30, 2024 , compared with 59 cities as of September 30, 2023 , and 15 cities as of June 30, 2024 , primarily due to the continued streamlining of the Company's coverage network. Aggregate number of overseas relationship managers was 146 as of September 30, 2024 , an increase of 89.6% from September 30, 2023 , and 29.2% from June 30, 2024 . Asset Management Business Noah's asset management business is conducted through Gopher Asset Management Co., Ltd. ("Gopher Asset Management"), a leading multi-asset manager in China , and Olive Asset Management Co., Ltd. ("Olive Asset Management"), the Company's recently launched overseas asset management brand focused on providing global investment solutions with offices in Hong Kong and the United States . Gopher Asset Management and Olive Asset Management develop and manage assets ranging from private equity, real estate, public securities to multi-strategy investments denominated in RMB, USD and other currencies. Total assets under management as of September 30, 2024 , were RMB150.1 billion ( US$21.4 billion ), a 2.5% decrease from June 30, 2024 , and a 3.1% decrease from September 30, 2023 , mainly due to exits in RMB private equity investment products and exchange rate fluctuations affecting the value of overseas assets under management. Mainland China assets under management as of September 30, 2024 , were RMB110.6 billion ( US$15.8 billion ), compared with RMB119.5 billion as of September 30, 2023 , and RMB114.9 billion as of June 30, 2024 . Overseas assets under management as of September 30, 2024 , were RMB39.5 billion ( US$5.6 billion ), compared with RM35.4 billion as of September 30, 2023 , and RMB39.1 billion as of June 30, 2024 . Total assets under management, categorized by investment type, are as follows: Investment type As of June 30, 2024 Growth Allocation/ Redemption As of September 30, 2024 (RMB billions, except percentages) Private equity 133.0 86.4 % 0.5 3.4 [4] 130.1 86.7 % Public securities [5] 10.4 6.7 % 2.3 2.8 9.9 6.6 % Real estate 5.8 3.8 % - 0.3 5.5 3.7 % Multi-strategies 4.2 2.7 % - 0.1 4.1 2.7 % Others 0.6 0.4 % - 0.1 0.5 0.3 % All Investments 154.0 100.0 % 2.8 6.7 150.1 100.0 % Total assets under management, categorized by geography, are as follows: Mainland China Investment type As of June 30, 2024 Growth Allocation/ Redemption As of September 30, 2024 (RMB billions, except percentages) Private equity 103.4 90.1 % - 3.3 100.1 90.5 % Public securities 6.0 5.2 % 0.5 1.0 5.5 5.0 % Real estate 2.4 2.1 % - 0.2 2.2 2.0 % Multi-strategies 2.5 2.1 % - 0.2 2.3 2.0 % Others 0.6 0.5 % - 0.1 0.5 0.5 % All Investments 114.9 100.0 % 0.5 4.8 110.6 100.0 % Overseas Investment type As of June 30, 2024 Growth Allocation/ Redemption As of September 30, 2024 (RMB billions, except percentages) Private equity 29.6 75.5 % 0.5 0.1 30.0 75.9 % Public securities 4.4 11.2 % 1.8 1.8 4.4 11.1 % Real estate 3.4 8.7 % - 0.1 3.3 8.4 % Multi-strategies 1.7 4.6 % - (0.1) 1.8 4.6 % All Investments 39.1 100.0 % 2.3 1.9 39.5 100.0 % [1] Noah's Non-GAAP financial measures are its corresponding GAAP financial measures excluding the effects of all forms of share-based compensation and net of relevant tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. [2] "Active clients" for a given period refers to registered clients who purchase investment products distributed or receive services provided by the Company during that given period. [3] "Other products" refers to other investment products, which includes insurance products, multi-strategies products and others. [4] The asset allocation/redemption of overseas investment products includes the fluctuation result of foreign currencies exchange rate. [5] The asset allocation/redemption of public securities also includes market appreciation or depreciation. Other Businesses Noah's other businesses mainly include providing clients with additional comprehensive services and investment products. Operating results for other businesses also include headquarter rental income, depreciation and amortization, as well as operating expenses. Ms. Jingbo Wang , co-founder and chairwoman of Noah, commented, "I'm pleased to report a significant sequential rebound in net revenues, operating margin, and net income as the pace of our overseas expansion gains momentum and client demand for global asset allocation strengthens. Net revenues from overseas grew by 28.9% year-over-year, bolstered by ongoing investments to expand our global footprint. Our team of relationship managers directly supporting this expansion grew to 146 professionals, an increase of 89.6% year-over-year and 29.2% sequentially. We also opened our Japan office during the quarter to attract local Mandarin-speaking clients and are actively evaluating opportunities in other key potential markets such as Canada , Australia , Southeast Asia , and Europe , to capitalize on this momentum. While sluggish domestic markets continue to pose challenges, we are encouraged by initial signs of a recovery and improving client sentiment, driven by recent policies aimed at supporting the broader economy. We remain confident in the substantial potential for wealth management services tailored to global Mandarin-speaking high-net-worth investors, many of whom are currently underserved by local financial institutions. This presents us with significant opportunities to acquire new clients through our competitive global investment solutions and renowned service standards." THIRD QUARTER 2024 FINANCIAL RESULTS Net Revenues Net revenues for the third quarter of 2024 were RMB683 .7 million ( US$97 .4 million), an 8.8% decrease from the corresponding period in 2023. Wealth Management Business Net revenues from one-time commissions for the third quarter of 2024 were RMB175.1 million ( US$25.0 million ), an 11.8% decrease from the corresponding period in 2023, primarily due to a decrease in distribution of domestic insurance products. Net revenues from recurring service fees for the third quarter of 2024 were RMB251.0 million ( US$35.8 million ), a 10.3% decrease from the corresponding period in 2023, primarily due to a decrease in recurring service fees from private secondary products and private equity products associated with the decrease in assets under management in mainland China . Net revenues from performance-based income for the third quarter of 2024 were RMB3.0 million ( US$0.4 million ), a 65.8% decrease from the corresponding period of 2023, primarily due to a decrease in performance-based income from private secondary products. Net revenues from other service fees for the third quarter of 2024 were RMB35.9 million ( US$5.1 million ), a 41.7% decrease from the corresponding period in 2023, primarily due to a decrease in the value-added services offered to high-net-worth clients. Asset Management Business Net revenues from recurring service fees for the third quarter of 2024 were RMB150.6 million ( US$21.5 million ), a 19.1% decrease from the corresponding period in 2023, primarily due to a decrease in recurring service fees generated from RMB private equity products. Net revenues from performance-based income for the third quarter of 2024 were RMB58.0 million ( US$8.3 million ), a substantial increase from the corresponding period in 2023, primarily due to an increase in performance-based income realized from offshore private equity products. Other Businesses Net revenues for the third quarter of 2024 were RMB9.8 million ( US$1.4 million ), remaining flat compared with the corresponding period in 2023. Operating Costs and Expenses Operating costs and expenses for the third quarter of 2024 were RMB442.9 million ( US$63.1 million ), an 11.6% decrease from the corresponding period in 2023. Operating costs and expenses primarily consisted of (i) compensation and benefits of RMB310.0 million ( US$44.2 million ); (ii) selling expenses of RMB65.9 million ( US$9.4 million ); (iii) general and administrative expenses of RMB72.3 million ( US$10.3 million ); (iv) provision for of credit losses of RMB5.4 million ( US$0.8 million ); and (v) other operating expenses of RMB12.9 million ( US$1.8 million ). Operating costs and expenses for the wealth management business for the third quarter of 2024 were RMB326.1 million ( US$46.5 million ), a 17.3% decrease from the corresponding period in 2023, primarily due to decreases of 23.5% in compensation and benefits and 48.6% in selling expenses. Operating costs and expenses for the asset management business for the third quarter of 2024 were RMB86.4 million ( US$12.3 million ), a 1.8% increase from the corresponding period in 2023. Operating costs and expenses for other businesses for the third quarter of 2024 were RMB30.4 million ( US$4.3 million ), compared with RMB21.9 million from the corresponding period in 2023. Operating Margin Operating margin for the third quarter of 2024 was 35.2%, compared with 33.2% for the corresponding period in 2023. Operating margin for the wealth management business for the third quarter of 2024 was 29.9%, compared with 28.2% for the corresponding period in 2023. Operating margin for the asset management business for the third quarter of 2024 was 58.6%, compared with 55.6% for the corresponding period in 2023. Loss from operation for other businesses for the third quarter of 2024 was RMB20.6 million ( US$2.9 million ), compared with an operating loss of RMB12.1 million for the corresponding period in 2023. Interest Income Interest income for the third quarter of 2024 was RMB28.4 million ( US$4.0 million ), a 34.6% decrease from the corresponding period in 2023. Investment Income Investment income for the third quarter of 2024 was RMB16.3 million ( US$2.3 million ), compared with RMB9.6 million for the corresponding period in 2023. Income Tax Expenses Income tax expense s for the third quarter of 2024 were RMB89.0 million ( US$12.7 million ), a 30.0% increase from the corresponding period in 2023, primarily due to an increase in income tax expenses associated with a dividend withholding tax for offshore dividend payments from PRC subsidiaries. Net Income Net Income Net income for the third quarter of 2024 was RMB137.8 million ( US$19.6 million ), a 40.6% decrease from the corresponding period in 2023. Net margin for the third quarter of 2024 was 20.2%, compared with 30.9% for the corresponding period in 2023. Net income attributable to Noah shareholders for the third quarter of 2024 was RMB134.4 million ( US$19.2 million ), a 42.4% decrease from the corresponding period in 2023. Net margin attributable to Noah shareholders for the third quarter of 2024 was 19.7%, compared with 31.1% for the corresponding period in 2023. Net income attributable to Noah shareholders per basic and diluted ADS for the third quarter of 2024 was RMB1.91 (US$0.27) and RMB1.91 (US$0.27) , respectively, compared with RMB3.36 and RMB3.36 respectively, for the corresponding period in 2023. Non-GAAP Net Income Attributable to Noah Shareholders Non-GAAP net income attributable to Noah shareholders for the third quarter of 2024 was RMB150.5 million ( US$21.4 million ), a 35.2% decrease from the corresponding period in 2023. Non-GAAP net margin attributable to Noah shareholders for the third quarter of 2024 was 22.0%, compared with 31.0% for the corresponding period in 2023. Non-GAAP net income attributable to Noah shareholders per diluted ADS for the third quarter of 2024 was RMB2.14 (US$0.30) , down from RMB3.35 for the corresponding period in 2023. Balance Sheet and Cash Flow As of September 30, 2024 , the Company had RMB3,435.8 million ( US$489.6 million ) in cash and cash equivalents, compared with RMB4,604 .9 million as of June 30 , 2024 and RMB4,959.6 million as of September 30, 2023 . The sequential decrease in cash and cash equivalents was primarily due to the payment of dividends in the amount of RMB1,007.9 million ( US$143.6 million ) to shareholders and a reclassification of a short-term time deposit in the amount of RMB252.7 million ( US$36.0 million ) from cash and cash equivalents to short-term investments. Net cash inflow from the Company's operating activities during the third quarter of 2024 was RMB237.2 million ( US$33.8 million ), mainly due to cash inflow generated from net income from operations. Net cash outflow from the Company's investing activities during the third quarter of 2024 was RMB53.7 million ( US$7.7 million ), mainly due to cash used for long-term investments. Net cash outflow from the Company's financing activities was RMB1,010.8 million ( US$144.0 million ) in the third quarter of 2024, primarily due to payment of the final dividend to the Company's shareholders. CONFERENCE CALL The Company's senior management will host an earnings conference call to discuss its Q3 Results and recent business activities. Details of the conference call are as follows: Conference title: Noah Holdings 3Q24 Earnings Conference Call Date/Time: Tuesday, November 26, 2024, at 7:00 p.m., U.S. Eastern Time Wednesday, November 27, 2024, at 8:00 a.m., Hong Kong Time Dial in: – Hong Kong Toll Free: 800-963976 – United States Toll Free: 1-888-317-6003 – Mainland China Toll Free: 4001-206115 – International Toll: 1-412-317-6061 Participant Password: 5468333 A telephone replay will be available starting approximately one hour after the end of the conference until December 3, 2024 at 1-877-344-7529 (US Toll Free) and 1-412-317-0088 (International Toll) with the access code 6914431. A live and archived webcast of the conference call will be available at the Company's investor relations website under the "News & Events" section at http://ir.noahgroup.com . DISCUSSION OF NON-GAAP MEASURES In addition to disclosing financial results prepared in accordance with U.S. GAAP, the Company's earnings release contains non-GAAP financial measures excluding the effects of all forms of share-based compensation and net of tax impact, if any. See "Reconciliation of GAAP to Non-GAAP Results" at the end of this press release. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for financial measures prepared in accordance with U.S. GAAP. The financial results reported in accordance with U.S. GAAP and reconciliation of GAAP to non-GAAP results should be carefully evaluated. The non-GAAP financial measures used by the Company may be prepared differently from and, therefore, may not be comparable to similarly titled measures used by other companies. When evaluating the Company's operating performance in the periods presented, management reviewed the foregoing non-GAAP net income attributable to Noah shareholders and per diluted ADS and non-GAAP net margin attributable to Noah shareholders to supplement U.S. GAAP financial data. As such, the Company's management believes that the presentation of the non-GAAP financial measures provides important supplemental information to investors regarding financial and business trends relating to its results of operations in a manner consistent with that used by management. ABOUT NOAH HOLDINGS LIMITED Noah Holdings Limited NOAH is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for mandarin-speaking high-net-worth investors. Noah's American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol "NOAH", and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code "6686." One ADS represents five ordinary shares, par value $0.00005 per share. In the first nine months of 2024, Noah distributed RMB47.6 billion ( US$6.8 billion ) of investment products. Through Gopher Asset Management and Olive Asset Management, Noah had assets under management of RMB150.1 billion ( US$21.4 billion ) as of September 30, 2024 . Noah's wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah's network covers major cities in mainland China , as well as Hong Kong ( China ), New York , Silicon Valley, Singapore , and Los Angeles . The Company's wealth management business had 460,380 registered clients as of September 30, 2024 . Through Gopher Asset Management and Olive Asset Management, Noah manages private equity, public securities, real estate, multi-strategy and other investments denominated in RMB and other currencies. The Company also operates other services. For more information, please visit Noah at ir.noahgroup.com . FOREIGN CURRENCY TRANSLATION In this announcement, the unaudited financial results for the third quarter of 2024 ended September 30, 2024 are stated in RMB. This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB7.0176 to US$1.00 , the effective noon buying rate for September 30, 2024 as set forth in the H.10 statistical release of the Federal Reserve Board. SAFE HARBOR STATEMENT This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. These statements include, but are not limited to, estimates regarding the sufficiency of Noah's cash and cash equivalents and liquidity risk. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah's investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China ; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law. -- FINANCIAL AND OPERATIONAL TABLES FOLLOW – Noah Holdings Limited Condensed Consolidated Balance Sheets (unaudited) As of June 30, September 30, September 30, 2024 2024 2024 RMB'000 RMB'000 USD'000 Assets Current assets: Cash and cash equivalents 4,604,946 3,435,758 489,592 Restricted cash 4,574 5,786 824 Short-term investments 1,287,400 1,297,914 184,951 Accounts receivable, net 429,417 460,076 65,560 Amounts due from related parties 444,937 468,264 66,727 Loans receivable, net 207,122 179,089 25,520 Other current assets 226,332 246,451 35,120 Total current assets 7,204,728 6,093,338 868,294 Long-term investments, net 742,322 960,572 136,880 Investment in affiliates 1,445,356 1,404,501 200,140 Property and equipment, net 2,416,072 2,395,438 341,347 Operating lease right-of-use assets, net 102,301 121,435 17,304 Deferred tax assets 400,401 400,447 57,063 Other non-current assets 155,825 145,394 20,718 Total Assets 12,467,005 11,521,125 1,641,746 Liabilities and Equity Current liabilities: Accrued payroll and welfare expenses 346,543 270,282 38,515 Income tax payable 76,318 130,136 18,544 Deferred revenues 73,857 76,867 10,953 Dividend payable 1,018,000 - - Contingent liabilities 475,777 459,436 65,469 Other current liabilities 420,527 437,260 62,309 Total current liabilities 2,411,022 1,373,981 195,790 Deferred tax liabilities 245,609 243,466 34,694 Operating lease liabilities, non-current 55,043 77,652 11,065 Other non-current liabilities 24,980 22,985 3,275 Total Liabilities 2,736,654 1,718,084 244,824 Equity 9,730,351 9,803,041 1,396,922 Total Liabilities and Equity 12,467,005 11,521,125 1,641,746 Noah Holdings Limited Condensed Consolidated Income Statements (In RMB'000, except for ADS data, per ADS data and percentages) (unaudited) Three months ended September 30, September 30, September 30, Change 2023 2024 2024 Revenues: RMB'000 RMB'000 USD'000 Revenues from others: One-time commissions 199,286 170,023 24,228 (14.7 %) Recurring service fees 171,408 166,138 23,674 (3.1 %) Performance-based income 8,440 2,974 424 (64.8 %) Other service fees 74,355 48,764 6,949 (34.4 %) Total revenues from others 453,489 387,899 55,275 (14.5 %) Revenues from funds Gopher manages: One-time commissions 32 6,014 857 18693.8 % Recurring service fees 295,982 236,638 33,721 (20.0 %) Performance-based income 5,543 58,151 8,286 949.1 % Total revenues from funds Gopher manages 301,557 300,803 42,864 (0.3 %) Total revenues 755,046 688,702 98,139 (8.8 %) Less: VAT related surcharges (5,088) (5,016) (715) (1.4 %) Net revenues 749,958 683,686 97,424 (8.8 %) Operating costs and expenses: Compensation and benefits Relationship managers (185,748) (137,082) (19,534) (26.2 %) Others (215,047) (172,902) (24,639) (19.6 %) Total compensation and benefits (400,795) (309,984) (44,173) (22.7 %) Selling expenses (119,707) (65,939) (9,396) (44.9 %) General and administrative expenses (67,407) (72,250) (10,296) 7.2 % Reversal of (Provision for) credit losses 525 (5,416) (772) N.A. Other operating expenses (18,982) (12,859) (1,832) (32.3 %) Government subsidies 105,297 23,576 3,360 (77.6 %) Total operating costs and expenses (501,069) (442,872) (63,109) (11.6 %) Income from operations 248,889 240,814 34,315 (3.2 %) Other income: Interest income 43,465 28,416 4,049 (34.6 %) Investment income 9,640 16,334 2,328 69.4 % Other income (expenses) 2,446 (43,577) (6,210) N.A. Total other income 55,551 1,173 167 (97.9 %) Income before taxes and income from equity in affiliates 304,440 241,987 34,482 (20.5 %) Income tax expense (68,499) (89,036) (12,688) 30.0 % Loss from equity in affiliates (3,897) (15,184) (2,164) 289.6 % Net income 232,044 137,767 19,630 (40.6 %) Less: net (loss) gain attributable to non-controlling interests (1,282) 3,351 478 N.A. Net income attributable to Noah shareholders 233,326 134,416 19,152 (42.4 %) Income per ADS, basic 3.36 1.91 0.27 (43.2 %) Income per ADS, diluted 3.36 1.91 0.27 (43.2 %) Margin analysis: Operating margin 33.2 % 35.2 % 35.2 % Net margin 30.9 % 20.2 % 20.2 % Weighted average ADS equivalent [1] : Basic 69,472,282 70,334,784 70,334,784 Diluted 69,485,287 70,396,502 70,396,502 ADS equivalent outstanding at end of period 63,154,215 65,824,608 65,824,608 [1] Assumes all outstanding ordinary shares are represented by ADSs. Five ordinary share represents one ADS. Noah Holdings Limited Condensed Comprehensive Income Statements (unaudited) Three months ended September 30, September 30, September 30, Change 2023 2024 2024 RMB'000 RMB'000 USD'000 Net income 232,044 137,767 19,630 (40.6 %) Other comprehensive income, net of tax: Foreign currency translation adjustments 21,405 (92,022) (13,113) N.A. Comprehensive income 253,449 45,745 6,517 (82.0 %) Less: Comprehensive (loss) in com e attributable to non- controlling interests (1,169) 4,822 687 N.A. Comprehensive income attributable to Noah s hareholders 254,618 40,923 5,830 (83.9 %) Noah Holdings Limited Supplemental Information (unaudited) As of September 30, 2023 September 30, 2024 Change Number of registered clients 452,222 460,380 1.8 % Three months ended September 30, 2023 September 30, 2024 Change (in millions of RMB, except number of active clients and percentages) Number of active clients 9,489 7,857 (17.2 %) Transaction value: Private equity products 693 1,070 54.3 % Private secondary products 5,670 3,560 (37.2 %) Mutual fund products 14,929 8,651 (42.1 %) Other products 1,024 977 (4.5 %) Total transaction value 22,316 14,258 (36.1 %) Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended September 30, 2024 Wealth Management Business Asset Management Business Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 170,023 - - 170,023 Recurring service fees 166,138 - - 166,138 Performance-based income 2,974 - - 2,974 Other service fees 36,087 - 12,677 48,764 Total revenues from others 375,222 - 12,677 387,899 Revenues from funds Gopher manages One-time commissions 5,776 238 - 6,014 Recurring service fees 85,850 150,788 - 236,638 Performance-based income 50 58,101 - 58,151 Total revenues from funds Gopher manages 91,676 209,127 - 300,803 Total revenues 466,898 209,127 12,677 688,702 Less: VAT related surcharges (1,881) (208) (2,927) (5,016) Net revenues 465,017 208,919 9,750 683,686 Operating costs and expenses: Compensation and benefits Relationship managers (129,395) (7,687) - (137,082) Others (118,388) (47,556) (6,958) (172,902) Total compensation and benefits (247,783) (55,243) (6,958) (309,984) Selling expenses (48,392) (11,704) (5,843) (65,939) General and administrative expenses (45,766) (17,500) (8,984) (72,250) Provision for credit losses (1,758) (2,203) (1,455) (5,416) Other operating expenses (5,708) (22) (7,129) (12,859) Government subsidies 23,350 226 - 23,576 Total operating costs and expenses (326,057) (86,446) (30,369) (442,872) Income (loss) from operations 138,960 122,473 (20,619) 240,814 Noah Holdings Limited Segment Condensed Income Statements (unaudited) Three months ended September 30, 2023 Wealth Management Business Asset Management Business Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Revenues from others One-time commissions 199,286 - - 199,286 Recurring service fees 171,408 - - 171,408 Performance-based income 8,440 - - 8,440 Other service fees 61,915 - 12,440 74,355 Total revenues from others 441,049 - 12,440 453,489 Revenues from funds Gopher manages One-time commissions - 32 - 32 Recurring service fees 109,368 186,614 - 295,982 Performance-based income 405 5,138 - 5,543 Total revenues from funds Gopher manages 109,773 191,784 - 301,557 Total revenues 550,822 191,784 12,440 755,046 Less: VAT related surcharges (2,074) (389) (2,625) (5,088) Net revenues 548,748 191,395 9,815 749,958 Operating costs and expenses: Compensation and benefits Relationship managers (179,854) (5,894) - (185,748) Others (144,256) (64,041) (6,750) (215,047) Total compensation and benefits (324,110) (69,935) (6,750) (400,795) Selling expenses (94,088) (18,723) (6,896) (119,707) General and administrative expenses (53,401) (9,217) (4,789) (67,407) (Provision for) reversal of credit losses (894) (400) 1,819 525 Other operating expenses (11,677) (298) (7,007) (18,982) Government subsidies 89,925 13,656 1,716 105,297 Total operating costs and expenses (394,245) (84,917) (21,907) (501,069) Income (loss) from operations 154,503 106,478 (12,092) 248,889 Noah Holdings Limited Supplement Revenue Information by Geography (unaudited) Three months ended September 30, 2024 Wealth Management Business Asset Management Business Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 225,569 73,589 12,677 311,835 Overseas 241,329 135,538 - 376,867 Total revenues 466,898 209,127 12,677 688,702 Three months ended September 30, 2023 Wealth Management Business Asset Management Business Other Businesses Total RMB'000 RMB'000 RMB'000 RMB'000 Revenues: Mainland China 333,911 116,355 12,440 462,706 Overseas 216,911 75,429 - 292,340 Total revenues 550,822 191,784 12,440 755,046 Noah Holdings Limited Supplement Revenue Information by Product Types (unaudited) Three months ended September 30, 2023 September 30, 2024 Change (in thousands of RMB, except percentages) Mainland China: Public securities products [1] 137,967 108,038 (21.7 %) Private equity products 218,502 180,636 (17.3 %) Insurance products 85,445 8,617 (89.9 %) Others 20,792 14,544 (30.1 %) Subtotal 462,706 311,835 (32.6 %) Overseas: Investment products [2] 134,209 191,200 42.5 % Insurance products 101,754 144,942 42.4 % Online business [3] 2,706 7,865 190.7 % Others 53,671 32,860 (38.8 %) Subtotal 292,340 376,867 28.9 % Total revenues 755,046 688,702 (8.8 %) [1] Includes mutual funds and private secondary products. [2] Includes non-money market mutual fund products, discretionary products, private secondary products, private equity products, real estate products and private credit products. [3] Includes money market mutual fund products, securities brokerage business. Noah Holdings Limited Supplement Information of Overseas Business (unaudited) Three months ended September 30, 2023 September 30, 2024 Change Net Revenues from Overseas (RMB, million) 292.3 376.9 28.9 % Number of Overseas Registered Clients 14,296 17,287 20.9 % Number of Overseas Active Clients 2,284 3,139 37.4 % Transaction Value of Overseas Investment Products (RMB, billion) 7.0 7.8 11.4 % Number of Overseas Relationship Managers 77 146 89.6 % Overseas Assets Under Management (RMB, billion) 35.4 39.5 11.6 % Noah Holdings Limited Reconciliation of GAAP to Non-GAAP Results (In RMB, except for per ADS data and percentages) (unaudited) Three months ended September 30, September 30, Change 2023 2024 RMB'000 RMB'000 Net income attributable to Noah shareholders 233,326 134,416 (42.4 %) Adjustment for share-based compensation (1,161) 19,846 N.A. Less: tax effect of adjustments (281) 3,745 N.A. Adjusted net income attributable to Noah shareholders (non-GAAP) 232,446 150,517 (35.2 %) Net margin attributable to Noah shareholders 31.1 % 19.7 % Non-GAAP net margin attributable to Noah shareholders 31.0 % 22.0 % Net income attributable to Noah shareholders per ADS, diluted 3.36 1.91 (43.2 %) Non-GAAP net income attributable to Noah shareholders per ADS, diluted 3.35 2.14 (36.1 %) View original content: https://www.prnewswire.com/news-releases/noah-holdings-limited-announces-unaudited-financial-results-for-the-third-quarter-of-2024-302316560.html SOURCE Noah Holdings Limited © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.ISLAMABAD (AP) — Pakistani security forces launched an operation Tuesday night to disperse supporters of imprisoned former Prime Minister Imran Khan who had gathered in the capital to demand his release from prison. The latest development came hours after thousands of Khan supporters, defying government warnings, broke through a barrier of shipping containers blocking off Islamabad and entered a high-security zone, where they clashed with security forces, facing tear gas shelling, mass detentions and gunfire. Tension has been high in Islamabad since Sunday when supporters of the former prime minister began a “long march” from the restive northwest to demand his release. Khan has been in a prison for over a year and faces more than 150 criminal cases that his party says are politically motivated. Khan’s wife, Bushra Bibi, led the protest, but she fled as police pushed back against demonstrators. Hundreds of Khan’s supporters are being arrested in the ongoing nighttime operation, and police are also seeking to arrest Bibi. Interior Minister Mohsin Naqvi told reporters that the Red Zone, which houses government buildings and embassies, and the surrounding areas have been cleared. Leaders from Khan's Pakistan Tehreek-e-Insaf party, or PTI, have also fled the protest site. Earlier Tuesday, Pakistan’s army took control of D-Chowk, a large square in the Red Zone, where visiting Belarusian President Alexander Lukashenko is staying. Since Monday, Naqvi had threatened that security forces would use live fire if protesters fired weapons at them. “We have now authorized the police to respond as necessary,” Naqvi said Tuesday while visiting the square. Before the operation began, protester Shahzor Ali said people had taken to the streets because Khan had called for them. “We will stay here until Khan joins us. He will decide what to do next,” Ali said. “If they fire bullets again, we will respond with bullets,” he said. Protester Fareeda Bibi, who is not related to Khan’s wife, said people have suffered greatly for the last two years. “We have really suffered for the last two years, whether it is economically, politically or socially. We have been ruined. I have not seen such a Pakistan in my life,” she said. Authorities have struggled to contain the protest-related violence. Six people, including four members of the security services, were killed when a vehicle rammed them on a street overnight into Tuesday. A police officer died in a separate incident. Dozens of Khan supporters beat a videographer covering the protest for The Associated Press and took his camera. He sustained head injuries and was treated in a hospital. By Tuesday afternoon, fresh waves of protesters made their way unopposed to their final destination in the Red Zone. Most demonstrators had the flag of Khan’s party around their shoulders or wore its tricolors on accessories. Naqvi said Khan’s party had rejected a government offer to rally on the outskirts of the city. Information Minister Atta Tarar warned there would be a severe government reaction to the violence. He said the government did not want Bushra Bibi to achieve her goal of freeing Khan. “She wants bodies falling to the ground. She wants bloodshed,” he said. The government says only the courts can order Khan’s release. He was ousted in 2022 through a no-confidence vote in Parliament. In a bid to foil the unrest, police have arrested more than 4,000 Khan supporters since Friday and suspended mobile and internet services in some parts of the country. Messaging platforms were also experiencing severe disruption in the capital. Khan’s party relies heavily on social media and uses messaging platforms such as WhatsApp to share information, including details of events. The X platform, which is banned in Pakistan, is no longer accessible, even with a VPN. Last Thursday, a court prohibited rallies in the capital and Naqvi said anyone violating the ban would be arrested. Travel between Islamabad and other cities has become nearly impossible because of shipping containers blocking the roads. All education institutions remain closed. Pakistan's Stock Exchange lost more than $1.7 billion Tuesday due to rising political tensions, according to economist Mohammed Sohail from Topline Securities. Associated Press writers Munir Ahmed in Islamabad and Asim Tanveer in Multan, Pakistan, contributed to this report.NEW YORK (AP) — Los Angeles Dodgers shortstop Jose D. Hernandez was suspended for next year's Arizona Complex League season on Wednesday following a positive test for boldenone and nandrolone under baseball's minor league drug program. The 21-year-old Hernandez hit .302 with four homers and 21 RBIs in 26 games this year for the ACL Dodgers. The Venezuelan agreed to a contract with the Dodgers in 2019 that included a $10,000 signing bonus. Twenty players have been suspended this year for positive drug tests, including nine under the minor league program and nine under the new program for minor league players assigned outside the United States and Canada. Two players have been suspended this year under the major league drug program. Noelvi Marté , a 22-year-old infielder who was considered Cincinnati's top prospect, missed the first 80 games following a positive test for boldenone. Toronto infielder Orelvis Martínez was suspended for 80 games on June 23 following a positive test for the performance-enhancing drug clomiphene, an announcement made two days after his major league debut . AP MLB: https://apnews.com/hub/mlbPower couple: green energy, gas giant bet on renewables

For the second consecutive year, the NFL’s Thanksgiving weekend slate will feature a Black Friday matchup, and this time it’s an AFC West showdown between the Las Vegas Raiders and the two-time defending Super Bowl Champion Kansas City Chiefs. Last season marked the debut of the NFL Black Friday game, with the Miami Dolphins handily defeating the New York Jets en route to an 11-6 record and a playoff berth. This year, it’s Patrick Mahomes and the Chiefs who’ll be in the Black Friday spotlight. Their 10-1 record makes them the best team in the AFC and likely headed to the playoffs for the 10th consecutive season. But after a 30-21 loss to the Bills in Week 11 snapped their undefeated start to the season, the Chiefs only narrowly defeated the middling Panthers in Week 12 . The 2-9, injury-hampered Raiders aren’t expected to present a major challenge, but the Chiefs have shown more weaknesses this season than their 10-1 record would suggest. This is the second meeting this season for these teams. In Week 8, the Raiders hosted the Chiefs and lost 27-20 on home turf. For full information on Black Friday NFL action, including how to watch, see below. RELATED: NFL Thanksgiving Day Schedule 2024 Who is playing in Black Friday NFL game? The second year of the NFL’s Black Friday game will feature the Las Vegas Raiders taking on the Kansas City Chiefs. How to Watch Black Friday NFL Game The Raiders vs Chiefs Black Friday game airs Friday, November 29th at 3pm ET on Amazon Prime. 2024 NFL Thanksgiving, Black Friday Schedule Thursday, November 28th — Thanksgiving Chicago Bears vs Detroit Lions — 12:00pm ET on CBS New York Giants vs Dallas Cowboys — 4:30pm ET on FOX Miami Dolphins (5-6) vs Green Bay Packers (8-3) — 8:20pm ET on NBC and Peacock Friday, November 29th — Black Friday Las Vegas Raiders vs Kansas City Chiefs — 3:00pm ET on Amazon Prime Raiders vs Chiefs Preview Patrick Mahomes, Travis Kelce, and the Kansas City Chiefs have been seemingly the most inevitable force in the NFL in recent history — the two-time defending Super Bowl Champions started this season 9-0 before falling to Josh Allen and the Bills in Week 11. Even with that loss, and with occasional signs of struggle from some of their biggest stars, the Chiefs are on a path to return to the postseason and contest for an unprecedented accomplishment: a third consecutive Super Bowl trophy. But they’re coming off a narrow win over the Panthers that required a last-minute field goal to secure, and this season have become the first team in NFL history to win eight of their first 11 games by seven points or fewer. Even with the narrow margins of victory, the Chiefs have a path to clinch a playoff berth on Black Friday : If the Miami Dolphins lose or tie against the Green Bay Packers on Thanksgiving, the Chiefs would clinch a playoff berth with a win over the Raiders on Black Friday. Meanwhile the Raiders’ season hasn’t gone as hoped: at 2-9, they’re sitting at the very bottom of the AFC alongside Jacksonville. After starting the season 2-2, they’ve lost their last seven straight and face a daunting task to try and end that losing streak against the powerhouse Chiefs. Injury luck has not been in the Raiders’ favor this season: Las Vegas placed quarterback Aidan O’Connell on injured reserve in late October after he suffered a fractured thumb in Week 7’s loss to the Rams, with an initial timeline of 4-6 weeks to return. His replacement, Gardner Minshew, suffered a season-ending broken collarbone in the Raiders’ loss to the Denver Broncos Week 12. Amidst a slew of other injuries on both sides of the ball, O’Connell returned to practice Monday, and is reportedly preparing to start Friday’s game. The Chiefs have won seven of the last eight matchups betwen these two teams, with the Raiders only win in that window coming on Christmas Day of the 2023 season. That game also marked the last time Kansas City lost at home. Only time will tell if the Raiders will once again be able to make it a losing holiday homecoming for the Chiefs.US agencies should use advanced technology to identify mysterious drones, Schumer saysA pro-democracy organization, the Human Rights Writers Association of Nigeria (HURIWA) , has condemned the purported expulsion of Hon. Ikenga Imo Ugochinyere. The group argued that the move to expel Ugochinyere was a political attempt to silence one of the most credible voices within the PDP and one of Nigeria’s most fearless critics of injustice. HURIWA lambasted the PDP’s acting national chairman, Umar Damagum, and the national secretary, Samuel Anyanwu, for allegedly presiding over the party’s decline into irrelevance. The group wondered why the party would overlook the Minister of the Federal Capital Territory (FCT), Nyesom Wike, who has allegedly engaged in blatant anti-party activities, and choose to expel the lawmaker. “ The PDP’s constitution has clear provisions to punish anti-party activities. Yet, Wike, who has flagrantly undermined the party’s interests, continues to wield influence within the PDP while Hon. Ikenga Ugochinyere, a loyal and committed party member, is targeted for expulsion. This is a travesty of justice and a reflection of the collapse of credible leadership in the PDP,” HURIWA stated. The group further decried the absence of a formidable opposition party in Nigeria, alleging that the APC has infiltrated the PDP through individuals such as Wike, Damagum, and Anyanwu.

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If you are into horror games and still haven't played Silent Hill 2, now is a great chance to start as the PS5 version of Silent Hill 2 is more than half off at Walmart for Black Friday . As one of several Black Friday video game deals going on right now, the Silent Hill 2 remake was one highly requested by fans, and it did not disappoint. The game makes you uncomfortable but in an effective and thrilling way. In true horror fashion, there's blackout darkness, suffocating fog, unknown noises, grotesque enemies, and isolation. From our review, Matt Purslow states "The remake is a modern reminder not just of an era where Konami was a master of survival horror, but also the significant power of Silent Hill 2’s unrelenting misery." So, are you ready to play one of the best horror games of all time? Get Silent Hill 2 for $30 ( $69 ) More PlayStation Black Friday Deals We've Found On the video game front, we found Final Fantasy VII Rebirth (which is fantastic) is at its lowest price ever. Alternatively, if you prefer FromSoftware, Elden Ring is also on sale which gives you an easy way to enjoy this year’s Game of the Year-nominated Shadow Of the Erdtree DLC (which is also discounted right now . If you want to convince a friend to grab a PlayStation 5 to play with you, or you're the greatest gift-giver of all time, you can spread the word or grab this deal on a PS5 now . If you’ve been looking to try out VR, the PSVR2 Horizon: Call of the Mountain bundle is $250 off . For more PlayStation deals, check out our hub for the best PlayStation Black Friday deals . Top 10 Walmart Black Friday Deals When Is Black Friday 2024? We’re in the home stretch: Black Friday falls on November 29 this year. All month long, retailers have been rolling out sales, ramping up to massive discounts on Black Friday and through the weekend into Cyber Monday. As mentioned above, there are already fantastic deals on PS5 consoles (including PSVR2 ), PS5 controllers , and tons more. Brian Barnett writes reviews, guides, features, & more for IGN, GameSpot, & Kotaku. You can get more than your fair share of him on Bluesky & Backloggd , & enjoy his absurd video game talk show, The Platformers, on Spotify & Apple Podcasts .The 7th edition of the IEEE International Conference - PUNECON-2024, organized by the Defence Institute of Advanced Technology (DIAT), Pune, in collaboration with the IEEE Pune Section, concluded today. The conference, held from December 13 to 15, 2024, focused on the theme “Sustainable Secure Digital Transformation.” The event featured eight tracks: Sustainable Computing, Security, Privacy, Blockchain and Quantum Technologies, AI, ML and Big Data Analytics, Robotics and Automation, 5G and Beyond Communications, Internet of Things, Photonics and Laser Technologies, Sustainable Energy Solutions, and Smart Manufacturing and Industry 4.0. The conference brought together thought leaders, academicians, researchers, technocrats, industry professionals, and policymakers to discuss pressing issues and innovative solutions. Dr. Samir V Kamat, Secretary of the Department of Defence R&D and Chairman of DRDO, graced the inaugural session on December 13, 2024, as the Chief Guest. S. Sundari Nanda, IPS, Special Secretary (Internal Security) at the Ministry of Home Affairs, and Dr. Jitendra Jadhav, Director General of the Aeronautical Development Agency, Bengaluru, delivered keynote addresses. Dr. BHVS Narayana Murthy, Vice Chancellor of DIAT, presided over the inaugural function, while Dr. Manisha Nene, HoD of CSE at DIAT, and Dr. Rajesh Ingle, VC of SSPU, Pune, served as General Chairs for the conference. Let us know! 👂 What type of content would you like to see from us this year? MoU was also signed between DIAT and the National Institute of Electronics and Information Technology (NIELIT) The conference provided a platform for learning about sustainable and secure digital transformation through presentations by Indian and international experts. Around 150 participants from various parts of India attended the event. An MoU was also signed between DIAT and the National Institute of Electronics and Information Technology (NIELIT), Delhi, for cooperation in education. The conference featured paper presentations across the different tracks and saw participation from various industrial companies, including Quantico Technologies Pvt. Ltd., Kalyani Strategic Systems Ltd., Netweb Technology, Siliconia Technologies Pvt. Ltd., National Academy of Defence Production, SMC Technologies, and Datsons Electronics Pvt. Ltd. Dr. Samir V. Kamat wished the conference great success, emphasizing that digital transformation should prioritize environmental and security considerations. Shri Jitendra Jadhav highlighted the crucial role of advanced data in the aviation industry and AI-powered fighter jets, while Mrs. Sundari Nanda stressed the importance of detailed evaluations and timely implementation of digital transformation to achieve the vision of a "Viksit Bharat-2047." The conference concluded with warm wishes for success and active participation from all attendees.

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Dear Heloise: When traveling, I throw a dryer sheet in the bag that holds my shoes. I also put a dryer sheet in each of my gym shoes at home. To freshen my clothes quickly, I put them in the dryer with a dryer sheet on the air cycle. I reuse ones from the dryer to dust with. My sisters place dryer sheets under their bedsheets. Others rub a dryer sheet on their sofas! I love and use many of the suggestions you and others have printed in your column. -- Jackie, Colorado Springs, Colorado SEND A GREAT HINT TO: Heloise@Heloise.com SHREDDED PAPER Dear Heloise: You're a big fan of recycling items, so I thought you might be interested in what we do with shredded paper in our office. Three of us have family in other countries, so we often have to mail Christmas gifts. We have a paper shredder, and when it comes time to empty it, we dump the paper into large plastic bags and save it in a closet. We later use that paper when we mail gifts for various occasions such as weddings, birthdays and Christmas. The word got out, and now there are a couple of other offices in our building that come down for some "packing material." -- Anne H., Milford, Delaware MICROWAVE FUDGE Dear Heloise: When I lived at home, my mother insisted on doing the cooking. She said I always made a mess of her kitchen. In college, we had our meals in the dining hall, so I never really learned how to cook. But now I have my own place, and I would like to make a recipe I saw in your column a couple of years ago. I don't know the name of it, but it was a fudge recipe where you could microwave the ingredients. It sounded good and so easy to make. Would you reprint this recipe? I want to take it to a family gathering for Thanksgiving. -- Jeffery M., in Boulder, Colorado Jeffery, the recipe you're thinking of was called "Matthews' Microwave Fudge," and it was indeed very easy to make. Here is the recipe: -- 1 pound of powdered sugar -- 1/2 cup cocoa -- 1/4 teaspoon butter or margarine -- 4 tablespoons milk -- 1 tablespoon vanilla extract -- 1 cup chopped pecan or walnuts Combine all the ingredients except the nuts in a microwave-safe bowl. Microwave on high until all the ingredients in the mixture are melted and smooth. Remove and stir periodically. When the mixture is smooth, remove it from the microwave and stir in the nuts. Spread the fudge into a buttered 9-by-5-inch loaf pan and allow it to cool completely before cutting it into bite-sized pieces. -- Heloise REUSING STOCKINGS Dear Heloise: Last week while I was making soup, I wanted to put certain spices in a square of gauze or cheesecloth and found that I had neither in my house. I looked around and finally found a clean nylon stocking I no longer wore or needed. I placed the spices in a square I had cut from the nylon stocking and tied it at the top! It worked very well! -- Louella T., Livingston, Montana

US agencies should use advanced technology to identify mysterious drones, Schumer says

David Lammy hits out at 'politicking' over Chagos Islands as he plays down claims Labour's sovereignty deal is collapsing after new Mauritian PM joins Donald Trump allies in voicing concerns By GREG HEFFER, POLITICAL CORRESPONDENT and DAVID WILCOCK, DEPUTY POLITICAL EDITOR FOR MAILONLINE and RYAN HOOPER FOR THE DAILY MAIL Published: 14:04 EST, 27 November 2024 | Updated: 14:09 EST, 27 November 2024 e-mail View comments David Lammy tonight hit out at 'politicking' over Labour 's agreement to hand over sovereignty of the Chagos Islands to Mauritius. The Foreign Secretary insisted the sovereignty pact was a 'very good deal' as he played down claims it was on the verge of an embarrassing collapse. Serious doubt has been cast over the deal's future following criticism of its terms by the new Mauritian prime minister and opposition from allies of incoming US president Donald Trump . Navinchandra Ramgoolam, who was elected a fortnight ago, said he had 'reservations' about the agreement struck with the previous Mauritian administration. He said he wants time to go over the details with lawyers, and expressed surprise that the deal was struck so close to the African country's general election . Speaking to the BBC , the Mauritian PM did not specify what he disliked. But an ally lashed out at a provision handing the UK and US a 99-year lease on the Diego Garcia airbase. It came after Mr Ramgoolam met with Jonathan Powell, who is Labour's incoming national security adviser and the UK envoy behind the agreement to give away the islands. Mr Powell has been scrambled first to Mauritius and then to Washington DC in a desperate attempt to get the deal done before Mr Trump takes over from Joe Biden in January. David Lammy tonight hit out at 'politicking' over Labour's agreement to hand over sovereignty of the Chagos Islands to Mauritius Newly-elected Mauritius PM Navinchandra Ramgoolam met with Jonathan Powell, who is Labour's incoming national security adviser and the UK envoy behind the agreement Speaking to the BBC he did not specify what he disliked, but a key ally has lashed out at the key provision that hands the UK and US a 99-year lease on the Diego Garcia airbase. Sir Keir Starmer's deal to hand over what is formally known as the British Indian Ocean Territory has prompted a wave of criticism The agreement also faces an additional hurdle as it has been condemned by Marco Rubio, who has been lined up by Donald Trump as the new US secretary of state The UK Government's deal to hand over what is formally known as the British Indian Ocean Territory has prompted a wave of criticism. It is feared the strategically important archipelago is being 'surrendered' to an ally of China , albeit under a process that began under the previous Tory government. The agreement also faces an additional hurdle as it has been condemned by Marco Rubio, who has been lined up by Mr Trump as the new US secretary of state. He last month labelled the Chagos Islands deal 'a serious threat' to national security that 'threatens critical US military posture in the region'. Speaking to MPs on the House of Commons' foreign affairs committee, Mr Lammy dismissed growing criticism of the agreement. 'I'm very, very confident that this is a deal that the Mauritians will see, in a cross-party sense, as a good deal for them,' the Foreign Secretary said. Tory former Cabinet minister Sir John Whittingdale, a member of the committee, said the Mauritian leader had described the agreement as 'high treason and a sellout'. But Mr Lammy replied: 'Both you and I have said things during an election in order to get elected. He did not say that yesterday.' The Foreign Secretary also pushed back at criticism from Mr Trump's allies, saying: 'This is incredibly sad. I know and I'm sad that there's been so much politicking about this. 'This process begun under the last government and there were ministers who understand entirely why this is so important for our national security and global national security. 'The agencies in the US think this is a good deal. The State Department in the US thinks this is a good deal. 'And most important of all, the Pentagon and the White House think this is a good deal. And that's not just the principal politicians in those in those areas, it is the system.' Mr Lammy said the agreement was a 'very good deal' for 'our national security' because it secured the legal basis of the Diego Garcia military base. He added: 'I'm really reassured about that, and I think an incoming (US) administration will be reassured about that. 'And I'm confident that the Mauritians are still sure about that, despite politicking that we all know goes on.' Labour has insisted it had to strike a deal to protect the Diego Garcia base after the International Court of Justice ruled the UK's administration of the islands was 'unlawful'. But Sir Richard Dearlove, the former head of MI6, branded the legal case 'phoney' and expressed his hope than Mr Trump and Mr Rubio 'shoot this agreement down'. He told Sky News this evening: 'The Chagos Islands are strategically, really important. 'The Mauritian claim to these islands, which are a thousand miles away from (Mauritian capital) Port Louis, well, the case is weak. 'The case is based on a UN vote. So the international law case for surrendering sovereignty seems to me, to be completely phoney.' He added: 'I think they have to realise that this is not in the interests of the United States. It's not in the interests of the UK from the point view of our national security.' The Tories renewed a demand for answers from the Government about the cost to the taxpayer and when full details of the agreement will be made public. Shadow foreign secretary Dame Priti Patel told the Mail: 'While Keir Starmer's special envoy has been sent to beg Donald Trump for his support, ministers refuse to disclose details of negotiations taking place. 'They remain unable to answer basic questions about cost of this deal and the implications it might have on our national security and defence. 'What we do know is that these plans go against our national interests and the views of the Chagossians have been ignored. 'The fact that the new Mauritian prime minister wants more time to consider the deal gives the Government a chance to reflect on their plans and to start providing answers to the serious questions posed.' Former defence secretary Grant Shapps added: 'Now even Mauritius's new prime minister believes Labour's Chagos sovereignty sell-out is a dud. 'It's time for Starmer to scrap the deal and defend British military interests around the world.' Downing Street today insisted the Government's position 'remains unchanged' on the Chagos Islands deal. The Prime Minister's official spokesman said: 'The UK's position on this remains unchanged. 'We have always said that we look forward to engaging with the new Mauritian government and that's exactly what we're doing in order to progress the deal. 'We are now finalising the details of legal texts, the treaty, and will be coming forward for parliamentary scrutiny as part of the ratification process next year.' Labour made the shock announcement in October that it was going to hand sovereignty of Chagos Islands - a British overseas territory for more than 200 years. As part of the arrangement, the US-UK military base on Diego Garcia on the Indian Ocean archipelago will remain operational for at least 99 years. But the president of Mauritius who agreed it, Pravind Jugnauth, was ousted in the election. It has yet to be officially signed. Opponents of the handover are hopeful that Mr Trump will force Labour to scrap the deal when he returns to the White House. BBC Share or comment on this article: David Lammy hits out at 'politicking' over Chagos Islands as he plays down claims Labour's sovereignty deal is collapsing after new Mauritian PM joins Donald Trump allies in voicing concerns e-mail Add comment