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2025-01-13
Trump Administration advisor Elon Musk angered MAGA supporters with his approval of a social media post sarcastically explaining that immigrants are needed for tech jobs because U.S. workers aren’t qualified enough. Using the X social media platform owned by Musk, an account called Autism Capital summed up the debate over H-1B visas allowing U.S. employers to hire foreign workers in specialized fields, saying traditional American conservatives want tech jobs but complain they aren’t getting adequate training to do them. According to Autism Capital, the viewpoint of tech-forward Republicans is that those people are too mentally impaired to be trained . “That pretty much sums it up,” Musk responded to the Thursday night post, which used a pejorative term for the mentally challenged. Musk himself was raised in South Africa and became a U.S. citizen in 2002. His response kicked off a spirited debate among critics including right-wing influencer Nick Fuentes , who’s spoken of losing support for Donald Trump because he believes the president-elect isn’t harsh enough on foreigners and immigrants. “The ‘Tech Bro’ donors are Left of Nikki Haley on immigration . Let that sink in,” Fuentes posted on Friday. Autism Capital’s post also claimed the immigrant debate — which was largely fueled by comments made by Musk collaborator Vivek Ramaswamy — proved “some people *really* don’t like Indians.” Ramaswamy , born to Indian immigrant parents, was appointed by Trump to help Musk run a department studying government spending. He wrote in a lengthy pro H-1B visa post Thursday morning that “the reason top tech companies often hire foreign-born and first-generation engineers over ‘native’ Americans [is because] American culture has venerated mediocrity over excellence for way too long .” “A culture that celebrates the prom queen over the math Olympiad champ, or the jock over the valedictorian, will not produce the best engineers,” he wrote, saying American children should be spending more time in math tutoring, science competitions and extracurriculars versus watching TV and “hanging out at the mall.” “If you grow up aspiring to normalcy, normalcy is what you will achieve,” he concluded. “Normalcy doesn’t cut it in a hyper-competitive global market for technical talent. And if we pretend like it does, we’ll have our a–es handed to us by China.” Ramaswamy’s comments attracted an online firestorm with racist overtures.gstar28 app

WASHINGTON (AP) — President Joe Biden said Sunday that the U.S. government believes missing American journalist Austin Tice, who disappeared 12 years ago near the Syrian capital, is alive and that Washington is committed to bringing him home after Bashar Assad’s ouster from power in Damascus . “We think we can get him back," Biden told reporters at the White House, while acknowledging that “we have no direct evidence” of his status. "Assad should be held accountable.” Biden said officials must still identify exactly where Tice is after his disappearance in August 2012 at a checkpoint in a contested area west of Damascus. “We've remained committed to returning him to his family,” he said. Tice, who is from Houston and whose work had been published by The Washington Post, McClatchy newspapers and other outlets. A video released weeks after Tice went missing showed him blindfolded and held by armed men and saying, “Oh, Jesus.” He has not been heard from since. Syria has publicly denied that it was holding him. The United States has no new evidence that Tice is alive, but continues to operate under the assumption he is alive, according to a U.S. official. The official, who was not authorized to comment publicly and spoke on condition of anonymity, said the U.S. will continue to work to identify where he is and to try to bring him home. His mother, Debra, said at a news conference Friday in Washington that the family had information from a “significant source,” whom she did not identify, establishing that her son was alive. “He is being cared for and he is well — we do know that,” she said. The Tice family met this past week with officials at the State Department and the White House. “To everyone in Syria that hears this, please remind people that we’re waiting for Austin,” Debra Tice said in comments that hostage advocacy groups spread on social media Sunday. “We know that when he comes out, he’s going to be fairly dazed & he’s going to need lots of care & direction. Direct him to his family please!”

WASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. People are also reading... Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. Flight nightmare? Here's how to get compensated Flight nightmare? Here's how to get compensated "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Lost Luggage Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Delayed/Cancelled Flights Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Flight Compensation in the U.S. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." Flight Compensation in Canada The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Bumped Off the Flight Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!WASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request after it experienced trouble with its flight operating system, or FOS. The airline blamed technology from one of its vendors. As a result, flights were delayed across American's major hubs, with only 36% of the airline's 3,901 domestic and international flights leaving on time, according to Cirium, an aviation analytics company; 51 flights were canceled. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the FOS system. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS went down in the past, but a systemwide outage is rare, Tajer said. Hours after the ground stop was lifted, Tajer said the union had not heard about "chaos out there beyond just the normal heavy travel day." He said officials were watching for cascading effects, such as staffing problems. On social media, however, customers expressed frustration with delays that caused them or their family members to miss connecting flights. One person asked if American planned to hold flights for passengers to make connections, while others complained about the lack of assistance they said they received from the airline or gate agents. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Bobby Tighe, a real estate agent from Florida, said he would miss a family Christmas Eve party in New York because his American flight was repeatedly delayed. The delays made him miss a connecting flight, leaving him the choice of going to his destination — Westchester, N.Y. — on Christmas Day or taking another flight to Newark, N.J., scheduled to land Tuesday evening. He chose the latter. "I'm just going to take an Uber or Lyft to the airport I was originally supposed to go to, pick up my rental car and kind of restart everything tomorrow," Tighe said. He said his girlfriend was "going through the same exact situation" on her way from Dallas to New York. Cirium noted the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 39% — arrived at their destinations as scheduled. Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays, Cirium said. Washington, Chicago and Miami experienced considerably fewer delays. Meanwhile, the flight-tracking site FlightAware reported that 4,058 flights entering or leaving the U.S., or serving domestic destinations, were delayed, with 76 flights canceled. The site did not post any American Airlines flights Tuesday morning, but it showed in the afternoon that 961 American flights were delayed. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms were developing in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. And any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers automatic cash refunds for canceled or significantly delayed flights. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. That's because finding a last-minute flight on another airline tends to be expensive. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so it had somewhat of a buffer to manage the delays. The Transportation Security Administration said it expected to screen 40 million passengers through Jan. 2. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!

Job market jitters real for some mid-career Minnesotans and recent gradsDaily Post Nigeria Falana SAN ya nemi diyyar mutanen da su ka rasu a turmutsitsi Home News Politics Metro Entertainment Sport Hausa Falana SAN ya nemi diyyar mutanen da su ka rasu a turmutsitsi Published on December 27, 2024 By Kabeer Bello Lauyan nan mai fafutukar kare hakkin dan Adam Femi Falana SAN ya bukaci Gwamnatin Tarayya da ta biya diyya ga iyalan wadanda suka rasa rayukansu a hatsarin da ya faru kwanan nan a sassan kasar. Mr. Falana ya bayyana hakan ne a ranar Juma’a a Akure, yayin wani shiri da Gwamnatin Jihar Ondo ta shirya mai suna Akeredolu Leadership Lecture Series don karrama marigayi tsohon gwamnanan jihar Rotimi Akeredolu. Kamfanin Dillancin Labarai na Najeriya (NAN) ya ruwaito cewa taken taron ya kasance: Gyaran Fannin Tsaro Wajen Inganta Zaman Lafiya, Kwanciyar Hankali da Ci gaba; a Jihar Ondo. Mr. Falana ya zargi ‘yan sandan Najeriya da rashin kulawa da ya kai ga hatsarin da ya faru a Ibadan, Anambra, da Abuja, inda sama da mutum 65 suka rasa rayukansu a yayin karbar tallafi. A cewarsa, ‘yan sanda sun kasa samar da isasshen tsaro ga jama’a yayin tarukan. “Rashin tsaro ne ya haifar da wannan asarar rayuka, ba talauci ba,” in ji lauyan. “Idan akwai wani tsari ko taro, wajibi ne ‘yan sanda su samar da tsaro,” ya kara da cewa. Mr. Falana ya ce Jihar Ondo ta zama abin koyi ga sauran jihohin kasar wajen tabbatar da zaman lafiya, ta hanyar kafa Ondo State Security Network, wanda aka fi sani da Amotekun, a karkashin jagorancin Akeredolu. Related Topics: Bola Tinubu Femi Falana SAN Oyo Don't Miss Kotu ta yi martani ga boren wasu lauyoyi a Kano You may like Makiyaya sun nemi daukin gwamnati a Kano Gwamnan Bauchi ya ce kudirin haraji zai jawo babbar matsala ga Arewa Resist any attempt to divide Oyo residents along religious line – Makinde begs Muslim leaders Alkali ya tura wadanda su ka shirya taron Ibadan zuwa gidan yari Tinubu blames Abuja, Oyo, Anambra stampedes on organisers’ error Yan jima kadan Tinubu zai tattauna da ‘yan jarida kai tsaye Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media LtdStocks dropped Friday led by a decline in mega-cap tech firms. The 10-year Treasury yield jumped above 4.6%. Still, equities ended the holiday-shortened week in the green. US stocks sank on Friday as technology firms led a broad-sweeping decline across each major index. The tech-heavy Nasdaq Composite fell 1.49% while the S&P 500 lost 1.11%. The Dow Jones shed 333 points to end the day. "I think what you see today is a lack of faith," UBS senior portfolio manager Alan Rechtschaffen told CNBC , citing uncertainty around trade and productivity. A sell-off in government bonds is also weighing on equity appetite, with the 10-year Treasury yield now trading above 4.6%. Bond traders may be adjusting to expectations of higher-for-longer interest rates next year, and are monitoring how the Trump administration responds to rising fiscal deficits. Despite Friday's sharp decline, indexes remained in the green for the holiday week. Investors may still be holding out for stocks to rally into the year-end, as is typical during the last five trading days of the year. While gains have been made during the holiday-shortened week, it could bode ill if the so-called Santa Claus rally fails to manifest. "When Santa doesn't show up and stocks are lower over this period, the S&P 500 has generated an average January and forward annual return of -0.02% and 5.0%, respectively," Adam Turnquist chief, technical strategist for LPL Financial, wrote this week. Here's where US indexes stood shortly after the 4:00 p.m. closing bell on Friday: S&P 500 : 5,970.84 ( -1.11%) Dow Jones Industrial Average : 4 2,992.21 ( -0.77%) Nasdaq composite : 19,722.03 ( -1.49%) Here's what else is happening: Warren Buffett's Berkshire Hathaway is buying up shares of internet domain provider VeriSign. Apple stock has 26% upside as its AI strategy unlocks a 'new era' of growth, Wedbush says. De Beers builds up the largest diamond stockpile since the 2008 crisis as demand slumps, report says. Why not to worry about overstretched stock valuations in 2025 , according to one strategist.

Smiths Group plc ( OTCMKTS:SMGZY – Get Free Report ) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 27,300 shares, a decrease of 16.5% from the November 30th total of 32,700 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 1.0 days. Analyst Ratings Changes SMGZY has been the topic of several research reports. Barclays upgraded Smiths Group to a “hold” rating in a research note on Monday, September 30th. Citigroup upgraded Smiths Group to a “strong-buy” rating in a research note on Thursday, November 28th. Get Our Latest Report on Smiths Group Smiths Group Stock Down 0.6 % About Smiths Group ( Get Free Report ) Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. Further Reading Receive News & Ratings for Smiths Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group and related companies with MarketBeat.com's FREE daily email newsletter .

D ear Heloise: I wanted to write in concerning not using rugs and towels at animal shelters. I have to wonder what sort of “shelter” is being offered to dogs and cats where it gets so cold and wet that the cloth can freeze. Not to mention the possibility of the poor animal freezing to death! Are they saying these indoor animals are being kept outside? Or are their facilities not being properly heated and dry? This is shocking to me! I hope they can explain themselves. — Frank F., Ventura, California Frank, the letter was referring to feral cats and other outdoor animals. Shelter cats and dogs usually have a better situation than those that are born wild or mistreated by their owners. In my opinion, no animal should be kept outside in the winter if they have owners with a warm house. Sadly, there are too many abandoned cats and dogs that have no one to look after them, making their existence difficult and their lives short. Straw is the best solution to helping these animals stay warm, provided that there is plenty of straw to snuggle in for warmth inside of some type of enclosure. There are a variety of such houses for animals online, and most aren’t expensive. — Heloise Cardboard rolls Dear Heloise: I often use paper-towel rolls and toilet-paper rolls to keep artificial flower stems together. I also cut them lengthwise to put on gift-wrapping paper rolls. If the paper roll is too thin to keep a cardboard roll on, then I use a rubber band to secure the roll. Your readers have given me so much I can use. I thank you and thank them, too. — Jackie, Colorado Springs, Colorado Jackie, I like your cardboard roll ideas. Lately, I’ve received several letters stating that readers use the cardboard roll in paper towels and toilet paper to start a fire in their fireplace. Some also use a toilet roll of cardboard to gather a number of loose cords together. Others use a paper-towel roll to wrap tree lights around when putting them into storage. All of these are great ideas, as well. — Heloise Cleaning glass pie plates Dear Heloise: Our glass pie plates wouldn’t get clean, so my husband had the successful idea to use a ceramic cooktop cleaner! The pie plates are sparkling now! — Connie B., Universal City, Texas Christmas goody boxes Dear Heloise: My mom was never really happy with any gift I gave her. Since she relied on Social Security, money was tight, so I started to give her a goody box. I usually used an empty paper box and filled it with toiletries and products that I knew she used. I also included postage stamps and gift cards for car washes. She would love her goody box and looked forward to it every year. One year, my aunt was visiting from the old country at Christmas, so I made up a smaller box for her. I found out that she loved a certain brand of canned corn, so I included six cans. She was over the moon! It was also easy for me, as I would add things to the box all year long, making it easier on my time and budget. — Liz N., via email Send a money-saving or time-saving hint to Heloise@Heloise.com . Be the first to know Get local news delivered to your inbox!

AUSTIN, Texas — A few years ago, with the nation in the throes of a pandemic, Sen. Nathan Johnson’s effort to add 1 million low-income Texans to Medicaid drew support from a handful of Republicans in the GOP-dominated Texas Legislature. Most of those lawmakers are gone from the Capitol, an exodus that strips away at the Dallas Democrat’s slim hope of seeing Texas join 40 other states and Washington, D.C. in expanding Medicaid under the 2010 Affordable Care Act. Even so, Johnson filed his bill for the upcoming session — his third try — just in case the leaders of an increasingly conservative Texas Legislature change their minds. “I just want a million people to get health insurance, I want health insurance premiums to come down, and I want to do it without levying any new tax on the people,” Johnson said. “The strategy is to present something that would allow Republican leadership to say, ‘This is a win for all of us.’ I think if there were a signal from leadership, then we would see Republicans fall in line behind this,” he said. Senate Bill 232 would create the Live Well Texas program, which would expand Medicaid while adding elements passed in other conservative states – including incentives to encourage self-sufficiency through health savings accounts, employment assistance and rewards for healthy behaviors. Additionally, the legislation seeks to increase reimbursements to health care providers who see Medicaid patients, potentially expanding access to care for Medicaid patients by bringing more hospitals, doctors and others to the program. In 2021, Johnson’s Medicaid-expansion bill had no Republican support in the Senate, but nine GOP House members joined 67 Democrats as co-authors of an identical House bill. The legislation was bottled up in a committee. Johnson tried again in 2023, but the effort gathered less bipartisan momentum during a particularly contentious session. “I was very serious about passing it when I first filed it, and we had a really good run at it, but I don’t see how the situation has improved,” Johnson said. “But I want something out there to say that if this state wants a conservative way to bring home its own tax dollars and improve the health of its population and bring down health premiums and stabilize family finances and help set people on a path to independence, there is a way to do it that has conservative bona fides.” Opponents of expanding Medicaid say the program is mismanaged, financially unstable, too expensive and fosters government reliance. They also argue that expansion does not improve health outcomes and prioritizes able-bodied adults over children and adults with disabilities who rely heavily on the program. Caroline Welton, who heads health care policy research at the Texas Public Policy Foundation, a conservative think tank, said talk of expansion should be replaced by talk of reform. “Even to the extent there may be a need or a desire for some state coverage, Medicaid is a failing system which does not provide for the needs of the Texans currently enrolled in it,” said Welton, campaign director of the group’s Center for Health and Families. “So we should fix it and provide better options before expanding this failing system to more people.” Supporters point to billions of dollars in federal incentives available if Texas expands Medicaid, saying the state is rejecting money that would add to the state’s general revenue and lower costs for hospitals, which would lower costs for patients. “There’s no scenario in which this is not a good idea,” Johnson said. “This is the single-largest change we could make, and we’re not doing it. And it’s free.” The fight over the uninsured An estimated 20 percent of adult Texans lack health insurance — the highest rate in the nation. The state also has one of the country’s most restrictive Medicaid programs. Roughly 4.1 million residents are on Medicaid, including 3 million children. The program is also open to pregnant Texans, people with disabilities, and parents who earn up to 15% of the federal poverty level , which comes to about $390 per month for a family of four. Adults with no disabilities and no dependent children don’t qualify for Medicaid, no matter how little income they have. Many children who qualify for Medicaid have parents who don’t. The Affordable Care Act allows states to expand the Medicaid threshold up to 138% of the poverty level, or a monthly income of $3,588 for a family of four, and would allow people in the gap to be covered, including working single adults making $1,731 or less a month. In Texas, an estimated 1 million working adults with no access to job-related insurance make too much money to qualify for Medicaid, yet not enough for the government-subsidized health plans in the ACA marketplace. Prospects for including them in Medicaid will be particularly difficult in the 2025 session because lawmakers will be debating school choice, a divisive issue that could take time and attention away from something as complicated as Medicaid reform, said Tanner Aliff, visiting research fellow with Paragon Health Institute who was formerly with the Texas Public Policy Foundation. “It’s a competition for attention, and I think it detracts legislators from having the adequate amount of time to have the necessary robust and bipartisan conversation to reform Medicaid,” Aliff said. “If there’s anything to be bipartisan on, time-wise, school choice is the priority, and subsequently it will take up much of the political horse-trading dialogue.” Medicaid is significantly limited by a doctor shortage, with up to 30% of doctors not accepting new Medicaid patients and many rural areas being health care deserts where hospitals have closed, Welton said. “If there isn’t a primary care doctor in your county due to the physician shortage, having a Medicaid card won’t help you,” Welton said in an email. Welton also said recent studies show a significant number of uninsured people are eligible for Medicaid — nationally, that number is about 25% . While some say that’s a problem with the enrollment and access system, Welton says it’s also an indicator of the program’s inherent problems. “If more Medicaid were the solution, you’d expect people to be more excited about actually using Medicaid as it stands,” Welton said. Many GOP lawmakers aren’t motivated to debate Medicaid because President-elect Donald Trump is likely to have a very different relationship with Texas than President Joe Biden, who refused to entertain Texas’ suggestions to change the program and criticized how the state was spending its federal contribution for Medicaid, Aliff said. At the same time, enrollment in ACA marketplaces in Texas and other states is at an all-time high after some Biden policies expanded access to low-cost subsidized policies, which “kind of watered down the demonstrated need for Medicaid expansion,” Aliff said. The expanded access, part of Biden’s American Rescue Plan, is set to expire in 2025. ‘No low-hanging fruit’ Both sides of the debate acknowledge Trump’s plans for Medicaid are unclear, which makes it difficult to devote time to debating policy, Aliff said. “Conservatives in Texas are excited about the new freedoms they might have to reform Medicaid with Trump in office and a more friendly-run Centers for Medicare and Medicaid Services,” he said. Without support from Texas leaders or from Trump, Johnson doesn’t see how expansion can move forward in Texas next year. In its absence, Johnson said, he will look for other ways to improve health outcomes, such as getting more people into the subsidized ACA marketplace. “It’s not easy – there is no low-hanging fruit out there,” Johnson said. “I will support other things. I want people to have health care. ... [But] anything that’s not Medicaid expansion, almost anything we can do to give some identifiable group of people health insurance, is more expensive and covers less people.” ©2024 The Dallas Morning News. Visit dallasnews.com . Distributed by Tribune Content Agency, LLC.

Zoho CEO Sridhar Vembu shares the #1 reason Indians have no respect globally: 'Achievments abroad is not enough'

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