Stock market today: Wall Street rallies ahead of ChristmasOTTAWA — Donald Trump ’s comment to Prime Minister Justin Trudeau about Canada becoming “a 51st state” was a “joke” made in a good-humoured social context and not a serious comment, says Dominic LeBlanc, the only cabinet minister at a Mar-a-Lago dinner Friday night. Citing two unnamed sources, Fox News reported Monday night that Trump said he would levy his threatened 25 per cent tariffs against Canadian products if his concern about border security and trade deficits isn’t resolved. Fox News further reported that when Trudeau replied it would kill the Canadian economy, Trump said if Canada can’t survive unless it is ripping off the U.S. to the tune of $100 billion, it could become “the 51st state” and Trudeau could become governor. Fox News also reported that so-called nervous laughter ensued with someone at the table saying Canada would be a very liberal state, and Trump suggesting it could become two — one conservative and one liberal. The details reported by Fox News report were not confirmed by the Canadian government, but nor was the statement attributed to Trump denied. Before a cabinet meeting Tuesday, LeBlanc was asked if it shows Trump thinks Canada is a joke. He responded defensively, saying, “Not at all, not at all. That was not the context at all. In a three-hour social evening at the president’s residence in Florida on a long weekend of American Thanksgiving, the conversation was going to be lighthearted. The President was telling jokes. The President was teasing us. It was, of course, on that issue, in no way a serious comment we had.” LeBlanc repeated the government’s lines since Saturday that the two leaders and a handful of advisers had a wide-ranging conversation about trade and border security issues “that was very productive.” “But the fact that there’s a warm, cordial relationship between the two leaders and the President is able to joke like that for us was a — we don’t have a transcript. Nobody, if you look carefully at the picture, nobody had pads that were taking notes. It was a social evening,” LeBlanc insisted. “It wasn’t a meeting in a boardroom with 10 bureaucrats keeping notes ... And there were moments where it was entertaining and funny, and there were moments where we were able to do, we think, some good work for Canada.” On Tuesday, Trump posted a photoshopped image on his Truth Social platform, of him standing next to a large Canadian flag overlooking a mountain range, dominated by what looked to be (and Google Lens said was) the Matterhorn in Switzerland, with the message: “Oh Canada!” It was not clear what Trump’s intention was. On Tuesday, Trump posted a photoshopped image on his Truth Social platform, of him standing next to a large Canadian flag overlooking a mountain range, dominated by what looked to be (and Google Lens said was) the Matterhorn in Switzerland, with the message: “Oh Canada!” Neither Trudeau nor Chrystia Freeland, his deputy and finance minister who was not on the trip, commented to reporters Tuesday about the so-called joke about the 51st state. Former Conservative interim leader Rona Ambrose in an interview with the CBC said while it’s not clear exactly what was said, she didn’t take it as a joke. “It’s not funny, and it’s not funny to be threatened with a 25 per cent tariff across the board for a country that is so dependent on trade with the U.S.,” said Ambrose. Ambrose previously sat on Trudeau’s outside advisory council during the renegotiation of NAFTA, and doesn’t believe that Trudeau and Trump have the kind of rapport that will exempt Canada from tariffs. “I don’t think that there’s a special relationship between the two leaders, and that’s unfortunate, because I think relationships do make a difference.” But she said the “saving grace” may be that many premiers and U.S. governors, and business leaders do have the ability to “bring to bear some pressure on President Trump.” No Canadian media were at Mar-a-Lago or even aware of the trip before internet flight trackers published the prime minister’s plane was en route to Florida. The prime minister’s team said Trump’s advisers had insisted the meeting remain confidential until the dinner started. Canadian accounts of what was said after their meeting, including the Star’s, relied on brief comments by LeBlanc over the weekend, and on confidential sources — who spoke on condition they not be identified in order to talk about the private discussions. The Star reported Saturday on what Trump and Trudeau discussed, and on Monday, the Star reported Trudeau’s team believes it may be possible for Canada to get a reprieve on the threatened tariffs if it addresses the border concerns of the incoming Trump Administration. A senior Canadian official said Trump was clear his focus is on stopping illegal immigration, any flow of illegal drugs — especially fentanyl — and also that he likes tariffs and dislikes trade deficits. But sources did not reveal Trump’s 51st-state comment before Fox News published it. Several Canadian cabinet ministers declined comment Tuesday. “I’ll pass, thank you,” said Jenna Sudds, the minister of families, children and social development. “I think he was trying to joke, but I wasn’t there,” said International Development Minister Ahmed Hussen. J Industry Minister François-Philippe Champagne insisted the meeting itself is important. “The one thing that you should take note is that Prime Minister Trudeau was the first leader of the G7 to be hosted by President Trump. I think that is really significant. That is a testament to the strategic nature of our relationship.” With a file from Ryan Tumilty
Elon Musk-run X has achieved a milestone by becoming the number one news app on the App Store in Germany. The achievement was shared by DogeDesigner (@cb_doge) on December 21, 2024. Elon Musk-run X, formerly known as Twitter, has been consistently expanding its features and the achievement highlights the platform's growing influence in delivering news and information to its users worldwide. The development indicates the growing influence of X in the digital news space, where users visit the platform for instant access to information. Elon Musk’s xAI To Soon Introduce ‘Grok Enhance’ Tool To Improve Grammar, Fix Typos for Post Composition. BREAKING: X is now the #1 news app on the AppStore in Germany 🇩🇪 pic.twitter.com/UOCntXAR4T — DogeDesigner (@cb_doge) December 20, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)'You're tripping': Trump's own fans disagree with his latest political statement
Multi-year collaboration aims to expand artificial intelligence (AI) adoption, foster innovation, and enhance industry-specific solutions for diverse business leaders NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) with plans to accelerate the adoption of AI and empower business leaders across functions to harness its transformative potential. By simplifying access to cutting-edge data and AI technologies, Genpact and AWS are allowing a broad range of decision-makers—from CFOs and COOs to procurement and operations leaders—to drive innovation within their organizations. "Our collaboration with AWS is focused on bringing AI innovations directly to the forefront of decision-making across every line of business," said Murat Aksu , Global Leader for Partnerships, Genpact. "This Strategic Collaboration Agreement will break down traditional barriers to AI adoption, making it accessible to business leaders beyond the CIO's office, and help our clients accelerate value through AI-driven insights and solutions." While AI innovations were previously centralized within IT functions, this expanded collaboration ensures that advanced technologies can now be seamlessly integrated into all business lines. Genpact's collaboration with AWS democratizes AI capabilities, offering tailored solutions that meet the unique needs of multiple business areas, empowering them to solve complex challenges with agility and efficiency. "Thanks to the Genpact and AWS collaboration, we've been able to become a fully cloud-native fixed-annuity provider," said Bob Guilmette , Chief Information Officer, Revol One Financial. "With AWS and Genpact's advanced technology expertise, we are streamlining operations, accelerating product launches, and enhancing digital customer experiences, positioning ourselves for sustainable growth and a competitive edge over legacy insurers." As an AWS Premier Tier Services Partner, Genpact brings deep expertise in AI, data and analytics. With nearly 1,000 certified AWS professionals, Genpact helps clients unlock the full potential of AWS services, including Amazon Connect and Amazon OpenSearch, to modernize operations and scale AI solutions. Genpact's numerous offerings in AWS Marketplace include: "We are expanding our collaboration with Genpact to drive AI transformation across industries," said Rima Olinger , Managing Director, North America Partners, AWS. "Genpact's industry expertise and advanced technology capabilities make them a valuable partner in helping organizations harness AI effectively, empowering business leaders to leverage data-driven insights and achieve their strategic objectives." This collaboration underscores the value of Genpact and AWS to provide flexibility and unlock greater business value for customers across industries. To learn how Genpact and AWS help enterprises across every industry and function, click here . About Genpact Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Get to know us at genpact.com and on LinkedIn , X , YouTube , and Facebook . MEDIA CONTACT: Sue Martenson Genpact Media Relations +1 978-905-9582 susan.martenson@genpact.com View original content to download multimedia: https://www.prnewswire.com/news-releases/genpact-signs-strategic-collaboration-agreement-with-aws-to-accelerate-ai-adoption-302321582.html SOURCE Genpact Ltd.
Rams' offense is struggling, but the defense has put LA on the brink of an NFC West title
Jimmy Carter, the peanut farmer who tried to restore virtue to the White House after the Watergate scandal and Vietnam War, then rebounded from a landslide defeat to become a global advocate of human rights and democracy, has died. He was 100 years old . The Carter Center said the 39th president died Sunday afternoon, more than a year after entering hospice care , at his home in Plains, Georgia, where he and his wife, Rosalynn, who died in November 2023, lived most of their lives. The center said he died peacefully, surrounded by his family. As reaction poured in from around the world, President Joe Biden mourned Carter’s death, saying the world lost an “extraordinary leader, statesman and humanitarian” and he lost a dear friend. Biden cited Carter’s compassion and moral clarity, his work to eradicate disease, forge peace, advance civil and human rights, promote free and fair elections, house the homeless and advocacy for the disadvantaged as an example for others. “To all of the young people in this nation and for anyone in search of what it means to live a life of purpose and meaning – the good life – study Jimmy Carter, a man of principle, faith, and humility,” Biden said in a statement. “He showed that we are a great nation because we are a good people – decent and honorable, courageous and compassionate, humble and strong.” Biden said he is ordering a state funeral for Carter in Washington. A moderate Democrat, Carter ran for president in 1976 as a little-known Georgia governor with a broad grin, effusive Baptist faith and technocratic plans for efficient government. His promise to never deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter said. Carter’s victory over Republican Gerald Ford, whose fortunes fell after pardoning Nixon, came amid Cold War pressures, turbulent oil markets and social upheaval over race, women’s rights and America’s role in the world. His achievements included brokering Mideast peace by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at Camp David for 13 days in 1978. But his coalition splintered under double-digit inflation and the 444-day hostage crisis in Iran. His negotiations ultimately brought all the hostages home alive, but in a final insult, Iran didn’t release them until the inauguration of Ronald Reagan, who had trounced him in the 1980 election. Humbled and back home in Georgia, Carter said his faith demanded that he keep doing whatever he could, for as long as he could, to try to make a difference. He and Rosalynn co-founded The Carter Center in 1982 and spent the next 40 years traveling the world as peacemakers, human rights advocates and champions of democracy and public health. Awarded the Nobel Peace Prize in 2002, Carter helped ease nuclear tensions in North and South Korea, avert a U.S. invasion of Haiti and negotiate cease-fires in Bosnia and Sudan. By 2022, the center had monitored at least 113 elections around the world. Carter was determined to eradicate guinea worm infections as one of many health initiatives. Swinging hammers into their 90s, the Carters built homes with Habitat for Humanity. The common observation that he was better as an ex-president rankled Carter. His allies were pleased that he lived long enough to see biographers and historians revisit his presidency and declare it more impactful than many understood at the time. Propelled in 1976 by voters in Iowa and then across the South, Carter ran a no-frills campaign. Americans were captivated by the earnest engineer, and while an election-year Playboy interview drew snickers when he said he “had looked on many women with lust. I’ve committed adultery in my heart many times,” voters tired of political cynicism found it endearing. The first family set an informal tone in the White House, carrying their own luggage, trying to silence the Marine Band’s traditional “Hail to the Chief" and enrolling daughter, Amy, in public schools. Carter was lampooned for wearing a cardigan and urging Americans to turn down their thermostats. But Carter set the stage for an economic revival and sharply reduced America's dependence on foreign oil by deregulating the energy industry along with airlines, trains and trucking. He established the departments of Energy and Education, appointed record numbers of women and nonwhites to federal posts, preserved millions of acres of Alaskan wilderness and pardoned most Vietnam draft evaders. Emphasizing human rights , he ended most support for military dictators and took on bribery by multinational corporations by signing the Foreign Corrupt Practices Act. He persuaded the Senate to ratify the Panama Canal treaties and normalized relations with China, an outgrowth of Nixon’s outreach to Beijing. But crippling turns in foreign affairs took their toll. When OPEC hiked crude prices, making drivers line up for gasoline as inflation spiked to 11%, Carter tried to encourage Americans to overcome “a crisis of confidence.” Many voters lost confidence in Carter instead after the infamous address that media dubbed his “malaise" speech, even though he never used that word. After Carter reluctantly agreed to admit the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979. Negotiations to quickly free the hostages broke down, and then eight Americans died when a top-secret military rescue attempt failed. Carter also had to reverse course on the SALT II nuclear arms treaty after the Soviets invaded Afghanistan in 1979. Though historians would later credit Carter's diplomatic efforts for hastening the end of the Cold war, Republicans labeled his soft power weak. Reagan’s “make America great again” appeals resonated, and he beat Carter in all but six states. Born Oct. 1, 1924, James Earl Carter Jr. married fellow Plains native Rosalynn Smith in 1946, the year he graduated from the Naval Academy. He brought his young family back to Plains after his father died, abandoning his Navy career, and they soon turned their ambitions to politics . Carter reached the state Senate in 1962. After rural white and Black voters elected him governor in 1970, he drew national attention by declaring that “the time for racial discrimination is over.” Carter published more than 30 books and remained influential as his center turned its democracy advocacy onto U.S. politics, monitoring an audit of Georgia’s 2020 presidential election results. After a 2015 cancer diagnosis, Carter said he felt “perfectly at ease with whatever comes.” “I’ve had a wonderful life,” he said. “I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.”
By BRIAN MAHONEY, Associated Press Basketball Writer NEW YORK (AP) — There’s a Christmas Day basketball game at Walt Disney World, featuring Mickey, Minnie, Goofy and Wemby. An animated game, anyway. The real game takes place at Madison Square Garden, where Victor Wembanyama and the San Antonio Spurs face the New York Knicks in a game televised on ABC and ESPN and streamed on Disney+ and ESPN+. The special alt-cast, the first animated presentation of an NBA game, will be shown on ESPN2 and also stream on Disney+ and ESPN+. Madison Square Garden is a staple of the NBA’s Christmas schedule. Now it merges with a bigger home of the holidays, because the “Dunk the Halls” game will be staged at Disney, on a court set up right smack in the middle of where countless families have posed for vacation photos. Why that location? Because it was Mickey Mouse’s Christmas wish . “Basketball courts often have the ability to make a normal environment look special, but in Disney it can only turn out incredible,” Wembanyama said in an ESPN video promoting his Christmas debut. The story — this is Disney, after all — begins with Mickey penning a letter to Santa Claus, asking if he and his pals can host a basketball game. They’ll not only get to watch one with NBA players, but some of them will even get to play. Goofy and Donald Duck will sub in for a couple Knicks players, while Mickey and Minnie Mouse will come on to play for the Spurs. “It looks to me like Goofy and Jalen Brunson have a really good pick-and-roll at the elite level,” said Phil Orlins, an ESPN vice president of production. Walt Disney World hosted real NBA games in 2020, when the league set up there to complete its season that had been suspended by the COVID-19 pandemic. Those games were played at the ESPN Wide World of Sports. The setting for the Christmas game will be Main Street USA, at the entrance of the Magic Kingdom. Viewers will recognize Cinderella’s castle behind one baseline and the train station at the other end, and perhaps some shops they have visited in between. Previous alternate animated broadcasts included an NFL game taking place in Andy’s room from “Toy Story ;” the “NHL Big City Greens Classic” during a game between the Washington Capitals and New York Rangers; and earlier this month, another NFL matchup between the Cincinnati Bengals and Dallas Cowboys also taking place at Springfield’s Atoms Stadium as part of “ The Simpsons Funday Football. ” Unlike basketball, the players are helmeted in those sports. So, this telecast required an extra level of detail and cooperation with players and teams to create accurate appearances of their faces and hairstyles. “So, this is a level of detail that we’ve never gone, that we’ve never done on any other broadcast,” said David Sparrgrove, the senior director of creative animation for ESPN. Wembanyama, the 7-foot-3 phenom from France who was last season’s NBA Rookie of the Year, looks huge even among most NBA players. The creators of the alternate telecast had to design how he’d look not only among his teammates and rivals, but among mice, ducks and chipmunks. “Like, Victor Wembanyama, seeing him in person is insane. It’s like seeing an alien descend on a basketball court, and I think we kind of captured that in his animated character,” said Drew Carter, who will again handle play-by-play duties, as he had in the previous animated telecasts, and will get an assist from sideline reporter Daisy Duck. Wembanyama’s presence is one reason the Spurs-Knicks matchup, the leadoff to the NBA’s five-game Christmas slate, was the obvious choice to do the animated telecast. The noon EST start means it will begin in the early evening in France and should draw well there. Also, it comes after ABC televises the “Disney Parks Magical Christmas Day Parade” for the previous two hours, providing more time to hype the broadcast. Recognizing that some viewers who then switch over to the animated game may be Disney experts but NBA novices, there will be 10 educational explainers to help with basketball lingo and rules. Beyond Sports’ visualization technology and Sony’s Hawk-Eye tracking allow the animated players to make the same movements and plays made moments earlier by the real ones at MSG. Carter and analyst Monica McNutt will be animated in the style of the telecast, donning VR headsets to experience the game from Main Street, USA. Other animated faces recognizable to some viewers include NBA Commissioner Adam Silver, who will judge a halftime dunk contest among Mickey and his friends, and Santa himself, who will operate ESPN’s “SkyCam” during the game. The players are curious how the production — and themselves — will look. “It’s going to be so crazy to see the game animated,” Spurs veteran Chris Paul said. “I think what’s dope about it is it will give kids another opportunity to watch a game and to see us, basically, as characters.” AP NBA: https://apnews.com/hub/nba
Opinion: Is university worth it? Yes, for both students and society
CDT 2024 Year-End Roundup: Reports of the YearTechnology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the market higher, the gains were widespread. Advancers outnumbered decliners by more than 3-to-1 on the New York Stock Exchange. Broadcom rose 3.2%, Apple gained 1.1% and Amazon closed 1.8% higher. Super Micro Computer climbed 6%. Tesla jumped 7.4% for the biggest gains among S&P 500 stocks. American Airlines shook off an early loss and ended with a 0.6% gain after the airline briefly grounded flights nationwide due to a technical issue. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 74.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. All told, the S&P 500 rose 65.97 points to 6,040.04. The Dow added 390.08 points to 43,297.03, and the Nasdaq rose 266.24 points to 20,031.13. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59%. European markets closed mostly higher. Markets in Asia mostly gained ground. Tuesday’s U.S. market rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up 26.6% so far this year and remains within roughly 1% of the all-time high it set earlier this month — its latest of 57 record highs this year. U.S. markets will be closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday.